1. Under the Central GST (CGST) Act, tax evasion of over
Rs 5 crore under the GST regime will be cognizable and non-bailable
offence with the police having authority to make an arrest without a
warrant. If a person is arrested for a non-cognizable and bailable offence, the
Deputy/ Assistant Commissioner of CGST/SGST can release him on bail and he will
be subject to the same provisions as an officer in-charge of a police station
under section 436 of the Code of Criminal Procedure, 1973. The government has
set ambitious target date of July 1, 2017 for roll out of the GST, which will
subsume indirect taxes such as central excise, service tax, VAT and other local
levies.
2. India and the United Kingdom have
decided to set up a 240 million pound Green Growth Equity Fund to finance clean
energy projects in India. Decision in this regard was taken at the 9th
India-UK Economic and Financial Dialogue in Delhi. Both India and UK are
going to make a contribution of 120 million pounds each in the fund which will
focus initial investments in India’s rapidly growing energy and renewables
market. The Fund will be a sub-fund of National Infrastructure and Investment
Fund (NIIF) which was set up by India in 2015 to finance greenfield as well as
brownfield projects and stalled projects.
3. A global alliance of tech industries and academic
organisations have unveiled $14-million The News Integrity Initiative to
combat the spread of “fake news”, improve public understanding of journalism,
promote news literacy and build trust in journalism. The founding funders of
the initiative include Facebook, Craigslist founder Craig Newmark’s
philanthropic fund, Ford` Foundation, John S. and James L. Knight Foundation,
Tow Foundation, AppNexus, Mozilla and Betaworks. City University of New York’s
journalism school will coordinate research, projects and events. Fake news has
become a serious issue in the U.S. election campaign, when clearly fraudulent
stories circulated on social media, potentially swaying some voters. Concerns
also have been raised since then about hoaxes and misinformation affecting
elections in Europe and rise of click farms to generate revenue from online
advertising using made-up news stories.
4. Senior IPS Officer Geeta Johari was appointed as new Director General of Police (DGP) of
Gujarat. With this, she became first woman IPS officer to be appointed as
DGP of the state. She will replace P.P. Pandey – acting DGP of the state. Mrs.
Johari is IPS officer of 1982 batch. Prior this appointment, she was working as
Head of Gujarat Police Housing Corporation. She will retire in November 2017.
5. Tripura Government has signed two
agreements with the Union Ministry of Power to enhance power supply in
distribution network. The agreements will enable state to get the benefits
under the Central government scheme. As per the agreements, state has accepted
the provision of Ujjwal Distribution Assurance Yojana (UDAY) and
Transmission Service Agreement of Union Power Ministry to upgrade the
existing transmission network to reduce Aggregate Technical and Commercial Loss.
6. Prof. David R. Syiemlieh took the Oath
of Office and Secrecy as Chairman of the Union Public Service Commission
(UPSC). He was administered oath by Vinay Mittal, the senior most Member of
the Commission as per clause (1) of Article 316 of the Constitution. Prof.
Syiemlieh had joined the Commission as member in June 2012. Later he was
appointed Chairman in January 2017. Prior to joining UPSC, he was Vice
Chancellor, Rajiv Gandhi University, Itanagar. He has held many important
positions in various policy making, academic and administrative bodies. He has
also has authored several books and publications. He was awarded Senior
Fulbright Fellowship in 1999.
7. BP Kanungo took over as the Deputy
Governor of the Reserve Bank of India (RBI) in Mumbai. He was appointed by
Government in March 2017 for a period of three years. Prior to this
appointment, he was holding the position of Executive Director of RBI. Earlier
he had worked in several functional areas of the banks such as foreign exchange
management, banking and non-banking supervision, currency management,
government and bank accounts and public debt. He also had served as the head of
regional offices of RBI at Jaipur and Kolkata besides holding the position of
the Banking Ombudsman for Madhya Pradesh and Chhattisgarh.
8. Renowned Hindustani classical vocalist Kishori Amonkar passed away(84)She was recognised as one of the
foremost singers in the Hindustani tradition and as an innovative exponent of
the Jaipur gharana. She was born on April 10, 1932. She had learned
classical music from her mother Mogubai Kurdikar who was the well-known
vocalist. She also had developed her own personal style, which reflected the
influence of other gharanas and was generally regarded as an individual variant
of the Jaipur tradition. She was primarily known for her skillful singing of
classical khayals set in the traditional ragas of Hindustani music, but also
performed the lighter classical genres of thumri, bhajans and film music. She
was awarded the Padma Bhushan (1987) and Padma Vibhushan (2002) and became
fellow of Sangeet Natak Akademi (2010).
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9. The 19th Commonwealth Forestry Conference was held at Forest
Research Institute, Dehradun, Uttarakhand. This is for the second time
India hosted the conference after it was hosted for first time in 1968.
Scientists and experts from 49 member countries of the Commonwealth had
participated in it. They focused issues on biodiversity conservation and
management, livelihood and economic security from forests, diversification,
multiple uses and sustainable harvest, forest and climate change. They also
shared their ideas and researches on ‘Forests for Prosperity and Posterity’ in
consonance with Aichi targets of the UN Convention on Conservation of
Biological Diversity (UNC-CBD) and Sustainable Development Goals.
10. The number of beneficiaries of Pradhan Mantri Ujjwala Yojana
for providing free of cost LPG (cooking gas) connections to BPL households has
crossed 2 crore mark since its launch in May 2016. The success of the
scheme shows that how it is serving as a novel means of women empowerment and
achieving the goals of providing clean fuel and a better life to the people.
The Ujjwala Yojana was launched by Prime Minister Narendra Modi in May 2016
from Maldepur Morh, Ballia in Uttar Pradesh. Tagline for the scheme:
Swachh Indhan, Behtar Jeevan. Purpose of the scheme: Empower women and
protect their health by shifting them from traditional cooking based on unclean
cooking fuels or on fossil fuels to clean cooking gas. Beneficiary: Under
the scheme, an adult woman member of a BPL will be given deposit-free LPG
connection with financial assistance of Rs 1,600 per connection by the Centre. Identification
of beneficiaries: It will be through the Socio-Economic Caste Census (SECC)
in consultation with state governments and Union territories. Implementing
Ministry: The scheme is being implemented by the Union Ministry of
Petroleum and Natural Gas.Targets: 8,000 crore has been earmarked for
providing 5 crore LPG connections to poor households within 3 years by 2019.
11. The Defence Acquisition Council (DAC) of the Union Defence
Ministry has approved proposal to procure fresh batch of Barak
surface-to-air missiles (SAM) for the Indian Navy’s warships from Israel.
The procurement of the missiles will enhance India’s maritime capability in
view of the changing security dynamics in the Indian Ocean region (IOR).
12. The Indian Institute of Sciences (IISc), Bengaluru was adjudged as the best Indian university in the 2017
National Institutional Ranking Framework (NIRF) released by Union Human
Resource Development Ministry. This year it is second edition NIRF survey
and was released as part of the India Rankings 2017 for the Educational
Institutions. List of Top 5 indian Rankings: In Over All Category :
Indian Institute of Science, Banglore. Indian Institute of Technology, Madras.
Indian Institute of Technology, Bombay. Indian Institute of Technology, Kharagpur
Indian Institute of Technology, New Delhi In Engineering : Indian Institute of
Technology, Madras Indian Institute of Technology, Bombay Indian Institute of
Technology, Kharagpur Indian Institute of Technology, New Delhi Indian
Institute of Technology, Kanpur. In Management: Indian Institute
of Management, Ahmedabad Indian Institute of Management, Banglore Indian
Institute of Management, Calcutta Indian Institute of Management, Lucknow
Indian Institute of Management, Kozhikode In University : Indian
Institute of Science, Banglore Jawaharlal Nehru University, New Delhi Banaras
Hindu University Jawaharlal Nehru Centre for Advanced Scientific Research,
Banglore Jadavpur University, Kolkata, West Bengal. In Colleges :
Miranda House, Delhi Loyola College, District Chennai Shri Ram College of
Commerce, New Delhi Bishop Heber College, District Tiruchirapalli Atma Ram
Sanatan Dharma College,New Delhi In Pharmacy : Jamia Hamdard, New
Delhi National Institute of Pharmaceutical Education and Research, Mohali,
S.A.S. Nagar (Mohali), Punjab University Institute of Pharmaceutical Sciences,
Chandigarh Indian Institute of Chemical Technology, Mumbai National Institute
of Pharmaceutical Education and Research, Hyderabad.
13. Scientists from Chinese Academy of Sciences (CAS) have
identified a soil fungus Aspergillus tubingensis that uses
enzymes to rapidly break down plastic materials. The plastic-eating fungus
was found Islamabad, Pakistan. The new discovery in an advance can help to
deal with plastic waste problem that threatens our environment in safer and
more effective way
14. India and Malaysia have inked
seven agreements to foster deeper relationship between the two countries.
The agreements were exchanged in the presence of Prime Minister Narendra
Modi and his Malaysian counterpart Najib Abdul Razak in New Delhi
who was on six day state visit to India. Air Services Agreement:
It is revised ASA with Malaysia signed by both countries in 1974. MoU on
Cooperation Fertilizers sector: It deals with development of proposed Urea
and Ammonia Manufacturing Plant in Malaysia and offtake of exisiting surplus
urea from Malaysia to India. MoU on cooperation in Sports: It envisages
cooperation through exchange of sportspersons, instructors, information on
sports regimen and training curricula, etc. MoU for cooperation in training:
It was signed between Malaysian Human Resource Fund (HRDF and EDII, Ahmedabad.
It envisages EDII, Ahmedabad to carry out training and other capacity building
programmes, as necessary on behalf of the Human Resource Development, Malaysia.
MoU on Mutual Recognition of the Educational Qualifications: It was
singed between Association of Indian Universities (AIU) and Malaysian
Qualifications Agency (MQA). It establishes recognition of equivalence of
various degrees awarded by educational institutions in both countries and
envisages eventual signing of mutual recognition agreement. MoU on
collaboration in technology development in the field of Palm Oil: It was
signed between Malaysian Palm Oil Board (MPOB) and India’s Institute of
Chemical Technology (ICT). MoU on implementation of 4th Generation
Technology Park in Andhra Pradesh: It was signed between MIGHT Technology
Malaysia and AP Economic Development Board. The Malaysian industry-government
group for high power technology (MIGHT) will act as facilitator to develop
cluster in AP. As part of park, packing material will be made from recycled
agricultural materials.
15. The Union Ministry of Social Justice & Empowerment
has launched Rashtriya Vayoshri Yojana in Nellore District of Andhra
Pradesh. The Scheme aims at providing physical aids and
assisted-living devices for senior citizens belonging to Below Poverty Line
(BPL) category. The scheme will be distribute free of cost physical
aids and assisted-living devices for senior citizens belonging to BPL category
in Camp mode. It is the first-of-its-kind Central Sector Scheme (CCS) in India,
to be fully funded by the Union Government. It is expected to benefit 5,20,000
Senior Citizens and its expenditure implementation will be met from the “Senior
Citizens’ Welfare Fund“.
16. The Union Ministry of Heavy Industries and Public Enterprises
has withdrawn subsidy given to mild hybrid vehicles under FAME India
(Faster Adoption and Manufacturing of Hybrid and Electric vehicles in India)
scheme. Earlier, mild hybrid, strong hybrid, plug-in hybrid and pure
electric vehicles were given incentives under the FAME India scheme.
17.India
and six other South Asian countries of South Asia Subregional Economic
Cooperation (SASEC) have pledged to improve intra-regional connectivity to boost
trade and tourism. Decision in this regard was taken at the Finance
ministers of India, Bangladesh, Bhutan, Nepal, Sri Lanka, Maldives and Myanmar
meeting held in New Delhi to reshape SASEC. They also came out with the
SASEC Vision for 2025 and adopted operational plan 2016-25. SASEC
Vision: It is a new strategic road map to guide the sub-region’s
development through 2025. It reflects member nations’ commitment to tap into
latent industrial demand and promote sub-regional industry-to-industry links
Operational plan 2016-25: It defines the strategic objectives and operational
priorities in transport, trade facilitation and energy as well as for the
development of economic corridor. The members are eying for $70 billion
incremental GDP and 20 million jobs by 2025 so that SASEC become better,
stronger and faster to make South Asia one of the fastest growing sub-regions
in the world.
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