Centre Releases ₹1.16 Lakh Crores To States: The Centre released over ₹1.16 lakh crore to the States, equivalent to two monthly instalments of tax devolution, to help front-load State governments’ capital spending abilities in this financial year. Coming soon after the expiry of the assured Goods and Services Tax (GST) compensation to States from this […]
Day: August 12, 2022
Universal Postal Union
Universal Postal Union: The Union Cabinet has approved the ratification of amendments to the Constitution of the Universal Postal Union (UPU) as contained in the Eleventh Additional Protocol to the Constitution signed during the 27th Congress of the Universal Postal Union held at Abidjan (Cote d’Ivoire) from 9-27 August, 2021. The approval enables the Department […]
Extension Of Urban Housing Scheme Till 2024
Extension Of Pradhan Mantri Awas Yojana Till 2024: The union cabinet has approved the extension of the flagship urban housing scheme — Pradhan Mantri Awas Yojana (Urban) — till December 31, 2024. PMAY Launched in 2015, the original deadline for the scheme aimed at providing affordable housing with incentives was March 2022. It was launched […]
Recognition Of Minorities At The District level
Recognition Of Minorities At The District level: The Supreme court has pronounced that recognition of minorities at the district level is contrary to law. SC in Kerela Education Bill Case, 1958 had rejected that minorities be identified at the block or district level. SC in 2008 had said that Linguistic and religious minorities are determined […]
U.S. Bill On Climate Action
U.S. Bill On Climate Action: The S. Senate approved a Bill titled the Inflation Reduction Act (IRA) 2022 with a focus on climate, healthcare and tax provisions to address inflation. The bill is a scaled-down version of President Biden’s Build Back Better Act (BBBA), which failed to get approval from the Senate. Climate change provisions: […]