Goods And Services Tax: Customers will have to pay a 5% Goods and Services Tax (GST) on pre-packed, labelled food items such as atta, paneer and curd, besides hospital rooms with rents above ₹5,000, starting from 18 July 2022. Hotel rooms with tariffs of up to ₹1,000 a day, maps and charts, including atlases, will […]
Category: Current Affairs
Farm Loan Waivers Scheme
Farm Loan Waivers Scheme: Only about half of the intended beneficiaries of farm loan waivers announced by nine States since 2014 have actually received debt write-offs, shows a study by State Bank of India researchers. As of March 2022, the poorest implementation of farm loan waiver schemes in terms of proportion of eligible farmers who […]
INS Sindhudhvaj
INS Sindhudhvaj: The Navy’s Kilo class submarine INS Sindhudhvaj was decommissioned from service at Visakhapatnam after 35 years in service. With this, the Navy now has 15 conventional submarines in service. She had many a firsts to her credit, including operationalisation of the indigenised sonar USHUS, indigenised satellite communication system Rukmani and MSS, inertial navigation […]
First Indian To Enter Men’s Long Jump
First Indian To Enter Men’s Long Jump: Murali Sreeshankar becomes first Indian to enter men’s long jump final at World Athletics Championships In the World Athletics Championships, Murali Sreeshankar has become the first Indian to enter the men’s long jump final at Oregon, USA. He leapt 8 meter in the qualification round. The 23-year-old from […]
Bundelkhand Expressway
Bundelkhand Expressway: Prime Minister Narendra Modi inaugurated the Bundelkhand Expressway at Kaitheri village in Orai tehsil of Jalaun district in Uttar Pradesh. The 296-kilometre long, four-lane Bundelkhand Expressway passes through seven districts, Chitrakoot, Banda, Mahoba, Hamirpur, Jalaun, Auraiya and Etawah. The 296-Km, four-lane expressway has been constructed at a cost of around 14,850 crore rupees. […]
S-400 Missile System
S-400 Missile System: US House of Representatives has passed a legislative amendment that approves a waiver to India against the punitive CAATSA sanctions for its purchase of the S-400 missile defence system from Russia to help deter aggressors like China. Ro Khanna, the US representative from California’s 17th congressional district said, “The United States must […]
Registration Of Press And Periodicals Bill, 2019
Registration Of Press And Periodicals Bill, 2019: Government will revive the Registration of Press and Periodicals Bill, 2019 for a new registration regime for newspapers that will include digital Media as well (the current registration framework doesn’t include digital news) It will replace the Press and Registration of Books Act, 1867 ( the act currently […]
POSOCO
POSOCO: The power ministry has notified Power System Operation Corporation Ltd (POSOCO) as the central nodal agency to set up and run a single window green energy system. POSOCO is CPSE under the Ministry of Power to monitor and ensure round-the-clock integrated operation of the Indian Power System in a reliable, efficient and secure manner […]
Build Operate Transfer Model
Build Operate Transfer Model: For new projects, NHAI will prefer the build-operate-transfer model Under the BOT model, a private player will finance, build and operate a project for a period of time (20 or 30-year period). The developers will be recouping the investments by way of user charges or tolls charged from customers using the […]
Great Indian Bustard
Great Indian Bustard: Only four Female Great Indian Bustards (GIB) are left in Gujarat. According to a 2018 count, India has fewer than 150 GIBs, of which 122 are in Rajasthan Great Indian Bustard: It is the State bird of Rajasthan and is considered India’s most critically endangered bird. It is considered the flagship grassland […]
