Showing posts with label Current Affairs. Show all posts
Showing posts with label Current Affairs. Show all posts

Sunday, 15 January 2017

App named 'SEZ India' launched by Commerce Ministry


SEZ India- screenshot
·        A Mobile app named “SEZ India” has been launched by the Commerce Secretary on 06.1.2017. 
·        SEZ Division, Department of Commerce under its broader e-Governance initiative i.e. SEZ Online System, has developed mobile app for Special Economic Zones (SEZs).
The App would help the SEZ Units and Developers to find information easily and track their transactions on SEZ Online System. Now the SEZ Developers & Units can file all their transactions digitally through SEZ Online system and track the status on the go through the SEZ India mobile app.
       The app is available on Android Platform for use by SEZ Developers, Units, officials and others. The app has four sections i.e. SEZ Information, SEZ Online Transaction, Trade Information, and Contact details. Salient Features of the four sections are as under:-
1. SEZ INFORMATION: This is a compendium of the SEZ Act, 2005, SEZ Rules, 2006, MOCI Circulars, details of SEZs and Units etc. It gives up to date comprehensive details on all the above aspects. 
2.TRADE INFORMATION: This provision gives access to important information / tools such as Foreign Trade Policy, Hand Book of procedure , Duty Calculator , Customs & Excise Notification and MEIS Rates. 
3.CONTACT DETAILS: We see that the contact details of all Development Commissioners Office, DGFT, DG System, DGCI & S and SEZ online. 
4. SEZ online Transaction This is a dynamic submenu that tracks the Bill of Entry / Shipping Bill processing status and also does verification. The app also helps the Importers / Exporters to track the status of 'Bill of Entry / Shipping Bill” integration and processing in the EDI system of the ICEGATE.

A special economic zone (SEZ) is an area in which business and trade laws are different from the rest of the country. SEZs are located within a country's national borders, and their aims include: increased trade, increased investment, job creation and effective administration.

Source: PIB, Wiki
  

Monday, 3 October 2016

Advantage Healthcare India (AHCI 2016)

  After the very successful launch of the inaugural edition last year, Ministry of Commerce and Industry, Government of India is now organizing the second edition of ‘Advantage Health Care India 2016 (AHCI 2016)’, an International Summit on Medical Value Travel with the aim of ‘Promoting Healthcare Services Exports from India’, scheduled from 3 - 5 October, 2016 at India Expo Centre & Mart, Greater Noida.

AHCI is an initiative of the Ministry of Commerce & Industry, Government of India in association with the Federation of Indian Chambers of Commerce & Industry (FICCI) and Service Export Promotion Council (SEPC). The event is being supported by the Ministry of Home Affairs, Ministry of Health & Family Welfare, Ministry of AYUSH, Ministry of External Affairs and Ministry of Tourism, Government of India and NABH.

The medical value travel industry has emerged as one of the fastest growing segment of tourism industry despite the global economic downturn. India is emerging as a preferred healthcare destination for patients across the globe. Growing at a compounded annual growth rate (CAGR) of 27%, the inflow of medical tourists in India is likely to cross 3.2 million in 2015. World class treatment and state of the art hospitals in India have created a very favorable atmosphere for patients with varying degrees of illness to avail the best facilities for their treatment.

objective
The objective of this international summit is to promote India as a Premier Global Healthcare Destination and to enable streamlined medical services exports from India. This underlying objective is a unique conglomeration of 5Ts, namely

·                       Tradition – promoting AYUSH and wellness industry
·                       Technology – promoting technologically advanced medical treatment in India
·                       Tourism – encouraging people to travel to India for medical value reasons
·                       Talent – showcasing globally renowned Indian talent in healthcare sector 
·                       Trade – creating unique B2B institutionalized linkages

AHCI is the first ever International Summit on Medical Value Travel being organized in India for promoting services exports from India, and will bring together stakeholders from 67 countries, first such initiative in the Indian Subcontinent. The Summit is an opportunity to interact, network and collaborate through the hosted buyer’s program, the exhibition, the conference along with regional forums as well as the visits to some of the world class hospitals in Delhi and NCR. 
source: PIB

Monday, 5 September 2016

Income Declaration Scheme 2016 – Government issues Clarifications in the form of Sixth Set of Frequently Asked Questions (FAQs)


The Income Declaration Scheme, 2016 (the Scheme) provides an opportunity to persons who have not paid full taxes in the past to come forward and declare their undisclosed income and assets.
The Scheme has come into effect from 1.6.2016 and is open for declarations up to 30.9.2016. The Income Declaration Scheme, 2016 Rules (the Rules) have been notified on 19.5.2016. The amount payable under the Scheme can be paid in instalments viz. 25% of the total amount payable by 30.11.2016; another 25% by 31.3.2017 and balance 50% by 30.9.2017.

In order to address concerns of the stakeholders and to clarify the queries relating to the provisions of the Scheme, the Rules have been amended from time to time and six set of circulars (FAQs) have been issued. The following major issues addressed through Rules and FAQs are as under: 
• The information in respect of a valid declaration is confidential and shall neither be shared with any law enforcement agency nor shall be enquired into by the Income-tax Department.

• The assets declared under the Scheme are to be valued at cost of acquisition or at fair market price as on 1.6.2016 as determined by the registered valuer, whichever is higher. However, an option for valuation of registered immovable property on the basis of stamp duty value of acquisition adjusted with the Cost Inflation Index has also been provided.

• Credit for unclaimed TDS made on declared income shall be allowed.

• Neither any capital gains tax nor any TDS shall be levied on transfer of declared benami property from benamidar to the declarant without consideration.

• The amount of fictitious liabilities recorded in audited balance sheet and not linked to acquisition of an asset can be disclosed under the Scheme as such.

• The period of holding of declared registered immovable assets shall be taken on the basis of the actual date of registration.

• The valuation report obtained by the declarant from a registered valuer shall not be questioned by the department. However, valuer’s accountability will remain.

• No adverse action shall be taken by FIU or the income-tax department solely on the basis of the information regarding cash deposit made consequent to the declaration under the Scheme.

• No enquiry/investigation shall be made in respect of the undisclosed income and assets declared under the Scheme even if the evidence of same is found subsequently during course of search or survey proceedings (circular No.32 dated 01.09.2016).

Further, vide Circular No. 31 dated 30.8.2016 an option has been provided to the declarants to file the declaration under the Scheme electronically under digital signature with the Commissioner of Income-tax, Centralised Processing Centre, Bengaluru [CIT(CPC)]. In case the declarant exercises the said option the declaration shall not be shared with the jurisdictional Principal Commissioner/Commissioner under the Income-tax Act.

In view of the fact that all the major queries and concerns of stakeholders have already been addressed by issue of circulars (FAQs) and also to provide stability and certainty to the Scheme, it is envisaged that no further clarifications on the Scheme shall be issued.

It is reiterated that the Scheme closes on 30.09.2016. The extension of the scheme is out of question. 
Source: PIB

Indian Polity Quick Revision Notes

     

Sunday, 14 August 2016

Maternity Benefits (Amendment) Bill

The maternal care to the child during early childhood is crucial for growth and development of the child.

As per the proposed amendments,  Maternity leaves for women working in both private and public sector will be enhanced to 26 weeks as against the existing 12 weeks.
However, those women employees who already have two or more children will get 12 weeks of leave only.
The amended bill also propose 12 weeks of maternity leave to commissioning mothers who use surrogates to bear a child as well as to working women adopting a baby below the age of three months.

At present, the Maternity Benefit Act does not provide any maternity leave for commissioning or adopting mothers

Aim of the proposed Bill:
Aimed at benefitting the 1.9 million women in the organised sector, as well as increasing the strength of the working women force.

 

Work from home even after 26 weeks of maternity leave
·        The amended Act have an enabling provision that would allow nursing moms to work from home even after 26 weeks of maternity leave, depending upon their job profile.
·         But, work-from-home option will be available where the nature of work assigned to the employee permits her to do so.
·         The woman employee and her employer have to mutually agree on the duration of the `work from home' arrangement.

Click Here To Download - Indian Polity Quick Revision Notes


Day care and creche servies
·        It has become mandatory for firms with 50 employees to have creches individually or a few firms can set up a common facility within a prescribed distance.
·        The employer will have to allow four visits to the creche which will include the interval of rest allowed to women employees.

India's stand in World rankings
·        India will join the league of 42 countries where maternity leave exceeds 18 weeks.
·        The Bill brings India to 3rd position in terms of the number of weeks allowed for maternity leave, behind Norway (44) & Canada (50)

1
Canada
50 weeks leave
2
Norway
44 weeks leave
3
India
26 weeks leave

The International Labour Organization (ILO) recommends a minimum standard maternity leave of 14 weeks, though it encourages countries to increase it to at least 18 weeks.
 source : the hindu, economic times, wiki

Click Here To Download - Indian Polity Quick Revision Notes

Indian Polity Quick Revision Notes ( short notes)
     

Tuesday, 9 August 2016

Bio-Toilets Developed by DRDO


The bacteria from Antarctica are components of anaerobic microbial consortium that is used for seeding (inoculation) of bio-digesters. The consortium is composed of bacteria belonging to four groups, which work in sequential manner. The Antarctic bacteria which are cold active (work in wide temperature range) constitute the first two groups, i.e. hydrolytic & acidogenic. Cow dung, being abundantly available at low cost, has been used for multiplication of bacteria used in the bio-digester.

The cow dung is used only during multiplication of bacteria in the inoculums generation facility, which is a closed system. Once it is consumed by the bacteria and converted into a form that does not have any fly attractant property and rather detract them. Final bacteria fed into the bio-digester do not have any unpleasant odour and get washed away in the bio-digester within few days. At present, no additional measures are required to prevent them. 
 source: pib 

Click Here To Download - Indian Polity Quick Revision Notes

Indian Polity Quick Revision Notes ( short notes)
     

Friday, 5 August 2016

Focus on Crop Diversification and Allied Activities


Department of Agriculture, Cooperation & Farmers Welfare (DAC&FW) is implementing Crop Diversification Programme in Original Green Revolution States of Punjab, Haryana and Western Uttar Pradesh as a sub scheme of Rashtriya Krishi Vikas Yojana (RKVY) since 2013-14 to divert the area of water guzzling paddy to alternate crops like pulses, oilseeds, maize, cotton and agro forestry system. The programme has been extended to tobacco growing states of Andhra Pradesh, Bihar, Gujarat, Karnataka, Maharashtra, Odisha, Tamil Nadu, Telangana, Uttar Pradesh and West Bengal to encourage tobacco growing farmers to shift to alternate crops/cropping system w.e.f. 2015-16. Under Crop Diversification Programme, assistance is being provided for four major components / interventions viz.

(i)                alternate crop demonstrations
(ii)             farm mechanization and value addition
(iii)           site specific activities and
(iv)           contingency for awareness, training, implementation, monitoring, etc.

Under RKVY, State Government can undertake agriculture including allied sector activities depending on state specific needs/priorities with the approval by State Level Sanctioning Committee (SLSC) headed by Chief Secretary of the State.
Crop production technology of various agricultural and horticultural crops grown in different regions and ecologies are also promoted through other ongoing schemes of DAC&FW like

·        National Food Security Mission (NFSM),
·        Bringing Green Revolution to Eastern India (BGREI),
·        National Mission on Oilseeds and Oil Palm (NMOOP),
·        National Mission for Sustainable Agriculture (NMSA),
·        National Mission on Agricultural Extension & Technology (NMAET),
·        Soil Health Card Scheme,
·        Paramparagat Krishi Vikas Yojana (PKVY),
·        Pradhan Mantri Krishi Sinchayee Yojana (PMKSY),
·        Mission for Integrated Development of Horticulture (MIDH).

Click Here To Download - Indian Polity Quick Revision Notes


The technology support to farmers helps in achieving higher productivity, better management for increasing their income.
Government also support allied sector activities like dairy & poultry through Department of Animal Husbandry, Dairying & Fisheries (DAHD&F) for the benefit of farmers under various programmes viz.,

·        National Programme for Bovine Breeding & Dairy Development (NPBBDD),
·        National Dairy Plan, Dairy Entrepreneurship Development Scheme (DEDS) and
·        National Livestock Mission (NLM).

For boosting income of farmers, promotion and development of food processing sector in the country, the Ministry of Food Processing Industries is implementing a number of schemes, namely

·        Scheme for Mega Food Parks,
·        Scheme for Modern Abattoirs,
·        Scheme for Integrated Cold Chain and Value Addition Infrastructure,
·        Scheme for Creation/Expansion of Food Processing and Preservation,
·        Scheme for Quality Assurance and Scheme for Human Resources and Institutions

Source: PIB

Click Here To Download - Indian Polity Quick Revision Notes

Indian Polity Quick Revision Notes ( short notes)
     
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