Current Affairs Today 26th May 2020| Current Affairs News

CURRENT AFFAIRS: DAYS

World Thyroid Day

  • World Thyroid Day 2020 is observed on May 25. The thyroid gland situated in the front part of our neck. It produces thyroid hormone which is essential to various metabolic processes of the body.
  • OnMay 25th the American Thyroid Association (ATA) in cooperation with the European Thyroid Association the Asia-Oceania Thyroid Association and the Latin American Thyroid Society, will make an extraordinary effort to do what we do year-round—focus attention on “the gland” that causes such widespread “dis-ease”.
  • International Thyroid Awareness Week May 25th  to 31st.

CURRENT AFFAIRS: NATIONAL

Fmr SC judge Justice Sikri inaugurates Indian Dispute Resolution Centre

  • Former Supreme Court judge Justice A K Sikri has inaugurated the Indian Dispute Resolution Centre (IDRC), which provides a paperless dispute resolution environment.
  • The e-inauguration of IDRC adding that the centre offers offline as well as e-alternate dispute resolution (ADR) facility through its state-of-the-art e-arbitration, e-meditation and e-conciliation software portal.
  • It provides a completely paperless dispute resolution environment. Its arbitration panel has former judges of the Supreme Court, High Courts, district courts apart from senior advocates, former bureaucrats, chartered accountants, architects, corporate leaders among others.
  • Justice Sikri, who is also the International Judge, Singapore International Commercial Court.
  • The e-inauguration was followed by a panel discussion on ”Adhoc v. Institutional Dispute Resolution”.
  • This dispute resolution centre has been established by young enthusiasts, young blood coming in with new approach.
  • India has improved its ranking in World Band EoDB Report, 2020 in ease of doing business from 164 to 6 but raised the issue of slack performance in enforcement of contract where the country’s position is still 161 out of 191 Nations.
About IDRC
  • Chairperson- Mehar S Rathi
  • Head Office- New Delhi

CURRENT AFFAIRS: INTERNATIONAL