Supreme Court Ruling On ITC: The Supreme Court laid down functionality and essentially test for Input Tax Credit (ITC) eligibility under the Goods and Services Tax (GST) regime. The verdict was delivered in the Chief Commissioner of Central Goods and Service Tax & Ors. Vs Safari Retreats Case, 2024. The Supreme Court (SC) ruled that […]
Category: Current Affairs
Eco-mark Scheme : Revised
Eco-mark Scheme : Revised The Ecomark Scheme was introduced to promote eco-friendly products in alignment with the ‘LiFE’ (Lifestyle for Environment) mission initiated in 2021. The revised scheme, notified in 2024, replaces the earlier 1991 version, and focuses on reducing environmental impacts, promoting resource efficiency, and encouraging sustainable production and consumption. Accreditation of products based […]
Visakhapatnam’s Pillboxes
Visakhapatnam’s Pillboxes: Due to the monsoon, Visakhapatnam’s beaches have shifted, revealing World War II pillboxes that were buried in the sand, offering a look into the city’s forgotten maritime history The pillboxes, constructed during the height of World War II, were part of a strategic defense network to safeguard Visakhapatnam’s shores from potential enemy invasions. […]
International Day Of Older Persons 2024
International Day of Older Persons 2024: The Ministry of Social Justice and Empowerment observed International Day of Older Persons 2024 on 1st October 2024. Theme for 2024: Ageing with Dignity: The Importance of Strengthening Care and Support Systems for Older Persons Worldwide This day is celebrated to recognise the contributions made by older people and […]
Exercise KAZIND 2024
Exercise KAZIND 2024: The 8th edition of the India-Kazakhstan Joint Military Exercise KAZIND-2024, commenced in Uttarakhand and is being held from 30th September to 13th October 2024. The Exercise between India and Kazakhstan was initiated as ‘Exercise PRABAL DOSTYK’ in 2016. After the second edition, it was upgraded to a company-level exercise and renamed ‘Exercise […]
Akashteer Air Defence Systems
Akashteer Air Defence Systems: The Indian Army has significantly enhanced its air defence capabilities with the acquisition of 100 Akashteer air defence systems. These are advanced Air Defence Control and Reporting Systems (ADCRS) which will serve as a critical asset in safeguarding the country from aerial threats, including missile and rocket attacks. It is a […]
EnviStats India 2024
EnviStats India 2024: The Ministry of Statistics and Programme Implementation (MoSPI) compiled and released the 7th consecutive issue of the publication “EnviStats India 2024: Environment Accounts”. EnviStats India 2024 is compiled in accordance with the System of Environmental-Economic Accounting (SEAA). The current publication which is seventh in the series covers Energy Accounts, Ocean Accounts, Soil […]
Jan Aushadhi Kendras Established Nationwide
Jan Aushadhi Kendras Established Nationwide: The government has established 13,822 Jan Aushadhi Kendras across the country under the Pradhan Mantri Bhartiya Janaushadhi Pariyojana (PMBJP) till 30th September of 2024. These Kendras have also achieved record sales of 200 Crore rupees in the last month, which is the highest monthly sales in the history of the […]
Aviral Jain Joins RBI as Executive Director
Aviral Jain Joins RBI as Executive Director: The Reserve Bank of India (RBI) has appointed Aviral Jain as Executive Director (ED) with effect from October 01, 2024. Prior to being promoted to ED, Jain was serving as Regional Director for Maharashtra. As Executive Director, he will look after the several departments for the smooth functioning […]
Department of Posts and Amazon Unite to Enhance Delivery Services
Department of Posts and Amazon Unite to Enhance Delivery Services: The Department of Posts (DoP), with its deep reach, and Amazon, one of the world’s largest e-commerce companies, together seek to empower India’s growing e-commerce sector by enhancing logistical capabilities, supporting job creation, and contributing to economic growth, signed a Memorandum of Understanding (MoU).
