Retrospective Taxation: British energy major Cairn Energy Plc has finally withdrawn the lawsuits filed against the Indian government and its entities overseas in a ₹10,247 crore retrospective tax case. The company is in the process of dropping cases filed in France and the Netherland, too. These lawsuits were filed to seize assets of Air India […]
Category: Economics Current Affairs
State Health Index 2019-20 NITI Aayog
Fourth Edition Of State Health Index: NITI Aayog has released the fourth edition of the State Health Index for 2019–20. The report, titled “Healthy States, Progressive India”, ranks states and Union Territories on their year-on-year incremental performance in health outcomes as well as their overall status. Earlier, the Global Health Security (GHS) Index 2021, developed […]
Discourse On Rural Financial Inclusion
Discourse On Rural Financial Inclusion: Deendayal Antyodaya Yojana – National Rural Livelihoods Mission (DAY-NRLM) organised a special event called “Discourse on Rural Financial Inclusion” on 18th December, 2021. As a part of the event, the facility for overdraft (OD of Rs. 5,000/- to verified SHG members under DAY – NRLM having accounts under the prime […]
Anti-Dumping Duty On Chinese Product
Anti-Dumping Duty: As per Directorate General of Trade Remedies’ (DGTR) recommendations, India has imposed Anti-Dumping Duties on five Chinese products, including certain aluminium goods and some chemicals, for five years. The DGTR has concluded that these products have been exported at a price below normal value in Indian markets, which has resulted in dumping, causing […]
New Tariff Guidelines, 2021
New Tariff Guidelines, 2021: The Ministry for Ports, Shipping & Waterways has announced the new Tariff Guidelines, 2021 for the Public-Private Partnership (PPP) projects in Major Ports. The new guidelines have been released in consonance of Major Port Authority Act, 2021. New Guidelines: Existing Scenario: The PPP concessionaires at Major Ports were constrained to operate […]
Mission SAGAR
Mission SAGAR: As part of yet another deployment undertaken by Indian Navy since May 2020 under Mission SAGAR, Indian Naval Ship Kesari entered Port of Maputo, Mozambique on 25 December 2021. This is the eighth such deployment in consonance with the Prime Ministers vision of Security And Growth for All in the Region and is […]
Young India’s Aspiration Worries
Young India’s Aspiration Worries: A recent report released by Lokniti-CSDS in collaboration with Konrad Adenauer Stiftung, which interviewed 6,277 youth aged 15-34 across 18 states in July-August 2021, offers insights on their career aspirations, job preferences and expectations, their opinions on institutions of kinship, and their mental health. Occupation status: Two-fifths (39%) of India’s youth […]
UAE’s Golden Visa
UAE’s Golden Visa: Bollywood actor Tusshar Kapoor awarded Golden Visa. He joins a growing list of Indian movie stars, including Mohanlal and Shah Rukh Khan, who have received the coveted 10-year residency. In 2019, the United Arab Emirates (UAE) implemented a new system for long-term residence visas, thereby enabling foreigners to live, work and study […]
TRIFED Vandhan Chronicle
TRIFED Vandhan Chronicle: TRIFED Vandhan Chronicle was launched by Arjun Munda, Minister for Tribal Affairs on December 23, 2021. TRIFED VanDhan Chronicle is an in-depth resource on the Van Dhan Yojana and TRIFED’s activities in this important scheme. The chronicle gives an in-depth illustration of the activities undertaken by TRIFED which has impacted the life […]
Kerala’s SilverLine Project
Kerala’s SilverLine Project: The project entails building a semi high-speed railway corridor through the state linking its southern end and state capital Thiruvananthapuram with its northern end of Kasaragod. The line is proposed to be 529.45 kms long, covering 11 districts through 11 stations. When the project is realised, one can travel from Kasaragod to […]
