Provident Fund (PF): Union Budget 2021-22 proposed to tax the interest income on Provident Fund (PF) contributions by employees exceeding Rs. 2.5 lakh a year. The Ministry of Finance expressed concerns over investments as much as Rs. 1 crore each month into PF and suggested it was unfair that they get tax concessions as well […]
Tag: 5th Feb 2021
Which Is World’s Largest Radio Telescope?
World’s Largest Radio Telescope: On 4th Feb, the Square Kilometre Array Observatory (SKAO) Council held its maiden meeting and approved the establishment of the world’s largest radio telescope. SKAO is a new intergovernmental organization dedicated to radio astronomy and is headquartered in the UK. At the moment, organizations from ten countries are a part of […]
Rashtriya Yuva Sashaktikaran Karyakram : Highlights
Rashtriya Yuva Sashaktikaran Karyakram: Minister of State for Youth Affairs & Sports informed Lok Sabha about Rashtriya Yuva Sashaktikaran Karyakram. The Scheme Rashtriya Yuva Sashaktikaran Karyakram (RYSK) is an ongoing Central Sector Scheme. The budget allocation of the scheme RYSK for the year 2020-21 is Rs.486.48 Crores. It is an umbrella scheme. The 7 sub-schemes […]
Power Sector Reforms : Andhra Pradesh Became The Second State
Power Sector Reforms: Andhra Pradesh has become the second State to undertake the power sector reforms stipulated by the Department of Expenditure, Ministry of Finance. As part of the reforms, the State has started a Direct Benefit Transfer (DBT) of electricity subsidy to farmers with effect from September 2020. Thus, the State has successfully implemented […]
What is KAPILA Campaign?
Kalam Program for Intellectual Property Literacy and Awareness Campaign (KAPILA): The Government has launched a campaign namely Kalam Program for Intellectual Property Literacy and Awareness Campaign (KAPILA) for Intellectual Property Literacy and creating patent awareness on 15th October 2020. The objectives of the scheme include: creating awareness regarding Intellectual Property Rights (IPR) in Higher Education […]
Per Drop More Crop Scheme : Key Points
Per Drop More Crop: The Department of Agriculture, Cooperation & Farmers Welfare (DAC&FW) is implementing a Centrally Sponsored Scheme of ‘Per Drop More Crop’ component of ‘Pradhan Mantri Krishi Sinchayee Yojana (PMKSY-PDMC)’ from 2015-16 in all the States of the country. It focuses on enhancing water use efficiency at farm level through Micro Irrigation viz. […]
