IAS/ PCS :
On 5th February, 2020, the Finance Minister introduced The Direct Tax Vivad se Vishwas (from dispute to trust) Bill, 2020, in order to provide for a mechanism to settle disputed tax cases across the country.
On 10th February, 2020, the office of the United States Trade Representatives (USTR) updated its list of developing and least-developed countries, removing India from the list of countries that are designated as developing.
On 12th February, 2020, the Union Cabinet approved the Pesticides Management Bill, 2020, which seeks to replace the Insecticides Act, 1968, for regulating the pesticide sector by fixing prices and setting up an authority.
On 11th February, 2020, the Ministry of Health and Family Welfare notified changes in the Medical Devices Rules, 2017, bringing a range of products from instruments to implants to even software intended for medical use in human beings or animals under the purview of the Drugs and Cosmetics Act,1940.
On 7th February, 2020, the government gave clearance to an ambitious gene-mapping project- Genome India Project (GIP), which has been described as the “first scratching of the surface of the vast genetic diversity of India”.
The government in its budget-2020 has announced a National Mission on Quantum Technologies & Applications (NM-QTA) for developing quantum computing linked technologies in the country.