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INDIAN AFFAIRS
GoM
set up under Assam FM Himanta Biswa Sarma to review composition scheme
On October 6, 2017, Goods and Services Tax (GST) Council, chaired by Finance Minister Arun Jaitley constituted a group of ministers (GoM) to make the ‘composition scheme’ more attractive and also revisit GST rates on restaurants.About GoM to Review Compostion Scheme:
i. The GoM has been set up under Assam Finance Minister Himanta Biswa Sarma and will submit its report within 2 weeks.
ii. Bihar Deputy Chief Minister Sushil Modi, Jammu and Kashmir Finance Minister Haseeb Drabu, Punjab Finance Minister Manpreet Singh Badal and Chhattisgarh Minister of Commercial Taxes Amar Agrawal are the other members of the GoM.
iii. The GoM has been set up to make ‘composition scheme’ more effective as only 15.50 lakh businesses out of the total 98 lakh registered under the goods and services tax (GST) regime have opted for this scheme.
iv. As per the latest GST norms, businesses with annual sales up to Rs. 1 crore can avail benefits under ‘composition scheme’ which permits liberal quarterly tax return filing and payment scheme.
On October 6, 2017, Goods and Services Tax (GST) Council, chaired by Finance Minister Arun Jaitley constituted a group of ministers (GoM) to make the ‘composition scheme’ more attractive and also revisit GST rates on restaurants.About GoM to Review Compostion Scheme:
i. The GoM has been set up under Assam Finance Minister Himanta Biswa Sarma and will submit its report within 2 weeks.
ii. Bihar Deputy Chief Minister Sushil Modi, Jammu and Kashmir Finance Minister Haseeb Drabu, Punjab Finance Minister Manpreet Singh Badal and Chhattisgarh Minister of Commercial Taxes Amar Agrawal are the other members of the GoM.
iii. The GoM has been set up to make ‘composition scheme’ more effective as only 15.50 lakh businesses out of the total 98 lakh registered under the goods and services tax (GST) regime have opted for this scheme.
iv. As per the latest GST norms, businesses with annual sales up to Rs. 1 crore can avail benefits under ‘composition scheme’ which permits liberal quarterly tax return filing and payment scheme.
International Conference on Dialogue of
Civilizations – IV begins in New Delhi
Archaeological Survey of India (ASI) in collaboration with National Geographic Society is hosting an international conference on “Dialogue of Civilizations – IV” from 8th – 15th October, 2017 at Delhi, Gandhinagar (in Gujarat) and Dholavira (in Gujarat).
About “Dialogue of Civilizations”:
i. “Dialogue of Civilizations” conference was initiated by National Geographic Society in 2013.
ii. Objective of this conference is to encourage scholarly and public discourse about the five ancient, literate civilizations of the world, i.e. Egypt, Mesopotamia, South Asia, China and Mesoamerica.
iii. First conference of this series was inaugurated in Guatemala in 2013 followed by Turkey in 2014 and China in 2015.
iv. The present conference being held in India is the fourth in this series. The final dialogue has been planned to be held in Egypt.
v.On October 8, 2017, Dr. Mahesh Sharma, Hon’ble Minister of State (Independent Charge), Ministry of Culture & Minister of State for Environment, Forest & Climate Change inaugurated the “Dialogue of Civilizations – IV” in New Delhi.
Archaeological Survey of India (ASI) in collaboration with National Geographic Society is hosting an international conference on “Dialogue of Civilizations – IV” from 8th – 15th October, 2017 at Delhi, Gandhinagar (in Gujarat) and Dholavira (in Gujarat).
About “Dialogue of Civilizations”:
i. “Dialogue of Civilizations” conference was initiated by National Geographic Society in 2013.
ii. Objective of this conference is to encourage scholarly and public discourse about the five ancient, literate civilizations of the world, i.e. Egypt, Mesopotamia, South Asia, China and Mesoamerica.
iii. First conference of this series was inaugurated in Guatemala in 2013 followed by Turkey in 2014 and China in 2015.
iv. The present conference being held in India is the fourth in this series. The final dialogue has been planned to be held in Egypt.
v.On October 8, 2017, Dr. Mahesh Sharma, Hon’ble Minister of State (Independent Charge), Ministry of Culture & Minister of State for Environment, Forest & Climate Change inaugurated the “Dialogue of Civilizations – IV” in New Delhi.
Uttarakhand Govt. launches ‘Solar Briefcase’ to
provide electricity in remote areas
On October 8, 2017, Uttarakhand State Government and a charitable funding agency named Swan Cultural Center and Foundation, launched ‘Solar Briefcase’ in Kedarnath Dham.
i. This initiative aims to provide electricity to far flung areas in Uttarakhand.
ii. Uttarakhand Chief Minister Trivendra Singh Rawat has stated that around 47 villages and 1,40,000 families in Uttarakhand do not have access to electricity. Moreover there are 60 villages in the state where electrification has not yet been done due to the difficult terrain.
iii. In such situation, using off-grid electricity through solar briefcase is a good option.
Quick Facts about Uttarakhand:
♦ Capital – Dehradun
♦ Current Chief Minister – Trivendra Singh Rawat
♦ Current Governor – Krishan Kant Paul
On October 8, 2017, Uttarakhand State Government and a charitable funding agency named Swan Cultural Center and Foundation, launched ‘Solar Briefcase’ in Kedarnath Dham.
i. This initiative aims to provide electricity to far flung areas in Uttarakhand.
ii. Uttarakhand Chief Minister Trivendra Singh Rawat has stated that around 47 villages and 1,40,000 families in Uttarakhand do not have access to electricity. Moreover there are 60 villages in the state where electrification has not yet been done due to the difficult terrain.
iii. In such situation, using off-grid electricity through solar briefcase is a good option.
Quick Facts about Uttarakhand:
♦ Capital – Dehradun
♦ Current Chief Minister – Trivendra Singh Rawat
♦ Current Governor – Krishan Kant Paul
President Ram Nath Kovind launches Rs.100 crore
clean water initiative
On 8th October 2017, President Ram Nath Kovind launched Mata Amritanandamayi Math (MAM)’s, ‘Jivamritam’ filtration system, a clean water initiative, in Vallikkavu, Kollam district of Kerala.
‘Jivamritam’ filtration system:
On 8th October 2017, President Ram Nath Kovind launched Mata Amritanandamayi Math (MAM)’s, ‘Jivamritam’ filtration system, a clean water initiative, in Vallikkavu, Kollam district of Kerala.
‘Jivamritam’ filtration system: