BYJUS Exam Prep IAS CNA 25th Nov 2022
BYJUS Exam Prep IAS CNA 25th Nov 2022
BYJUS Exam Prep IAS CNA 25th Nov 2022
Pg 8. GS II (IR)
India – Australia ECTA
● In April 2022, India & Australia signed an Economic Cooperation and Trade
Agreement (ECTA).
● It is expected to increase trade between the two sides to $50 billion over five
years, from the current estimate of $31 billion, with Indian exports driving half this
surge and create over 10 lakh additional job opportunities.
● Zero duty benefits on 98.3% of Australian tariff-lines, from the day the agreement
comes into force, will be extended to all Indian products within five years.
● Australia, in turn, will get zero duty benefits for 90% of its exports to India.
● With raw materials such as coal, metals and wool dominating its shipments, that
means cheaper inputs for Indian firms.
● Annual visa quotas for Indian chefs and yoga trainers, and a post-study work visa
regime for Indian students will bolster ties, as would the approval of a double
taxation avoidance agreement by Australia, which is expected to save millions of
dollars a year for Indian IT firms.
India – Australia ECTA
● The Civil Aviation Ministry has notified the draft Aircraft Security Rules, 2022,
which enable the aviation security regulator, Bureau of Civil Aviation Security
(BCAS), to impose penalties up to ₹1 crore on airports and airlines for violation of
security measures.
● The rules will supersede Aircraft Security Rules, 2011 and were necessary after
Parliament passed the Aircraft Amendment Act, 2020, giving statutory powers to
the BCAS, along with the Director-General of Civil Aviation and Aircraft Accident
Investigation Bureau.
● The amendment in Parliament was required after the United Nation’s aviation
watchdog, International Civil Aviation Organisation, raised questions about the
three regulators functioning without statutory powers.
● Once the Aircraft Security Rules, 2022 are finalized, they will go a long way in
ensuring an effective aviation security apparatus in the country. These are also as
per ICAO norms.
● Once the draft Rules are finalized, the BCAS can impose a fine of ₹50 lakh to ₹1
crore on airports and airlines if they fail to prepare and implement a security
programme, or if they commence operations without seeking a security clearance.
● Large airports can also face a penalty of 1 crore if they fail to plan the design and
layout of the airport in accordance with the National Civil Aviation Security
Programme.
● Individuals will also face penalties ranging from ₹1 lakh to ₹25 lakh depending on
the nature of the offence.
● According to the proposed rules, the BCAS will also be able to suspend or cancel
an entity’s airport security clearance and security programme.
● These allow the regulators to impose penalties which could only be imposed by
courts earlier.
● The Act also raised the maximum penalty from ₹10 lakh to ₹1 crore.
● The Ministry has invited stakeholder comments for a period of 30 days.
Mains Practice Questions
1. India’s trade pact with Australia is mutually beneficial. Analyse. (250 words; 15
marks)
2. Can poor countries afford the cost of transitioning to clean energies? Critically
Discuss. (250 words; 15 marks)
Q1 – GS II (IR)
Q2 – GS III (E&E)