Whatsapp/Telegram No Updates for Crux of Indian Economy for IAS Prelims 2018 February 2018 Edition.
|
|
- Frederick James
- 5 years ago
- Views:
Transcription
1 Whatsapp/Telegram No Updates for Crux of Indian Economy for IAS Prelims 2018 February 2018 Edition Update-26 NITI Aayog to work on mechanism for implementation of Minimum Support Price (MSP) for different agricultural crops In our country, MSP for 24 agricultural commodities of Kharif and Rabi season are announced by the Government based on the recommendations of the Commission for Agriculture Cost and Prices (CACP). However, procurement by Central and State Agencies is limited to rice and wheat and some amount of coarse cereals. The Government also procures limited quantity of oil seed and pulses through NAFED, SFAC and some other agencies. Market intervention scheme (MIS) is implemented in case of the prices falling below the threshold level in perishable crops. Three concepts were discussed at the meeting. First option related to Market Assurance Scheme, which proposes procurement by States and compensation of losses upto certain extent of MSP after the procurement and price realization out of sale of the procured produce. Second option related to Price deficiency procurement scheme. Under this scheme, if the sale price is below a modal price then the farmers may be compensated to the difference between MSP and actual price subject to a ceiling which may not exceed 25% of the MSP. No compensation would be due if modal price in neighbouring States is above the MSP. Third option related to Private Procurement and Stockist Scheme, which relates to procurement by private entrepreneurs at MSP and Government providing some policy and tax incentives and a commission to such private entities which may be decided on the basis of transparent criteria and bidding for the empanelment of private players by the State Government to do the procurement operations.
2 Whatsapp/Telegram No Government extended the facility of hiring workers on Fixed Term Employment to All Sectors Objectives To provide flexibility to the employers in order to meet the challenges of globalization, new practices and methods of doing businesses. The demand is from those sectors where there is fluctuation in demand and hence variation in demand of the labour accordingly. These seasonal demands have to be met with the flexibility in operation to meet the dynamics of the market and hence inclusion of the category of fixed term employment in Industrial Employment (Standing Orders) Act, Concept of Fixed Term Employment The concept of Fixed Term Employment define the tenure of employment as well as other associated conditions of service and remunerations, which are provided to regular employees under various labour laws. Fixed term employment was defined as a workman who is employed on a contract basis for a fixed period. Thus the services of workman will be automatically terminated as a result of non renewal of the contract between the employer and the workman concerned. Separation of service of a workman as a result of non renewal of the contract of employment between the employer and workman concerned shall not be construed as termination of employment. Old provision Earlier, this facility was available only for the apparel manufacturing sector as per the Industrial Establishment (Standing Order) Benefits The working conditions in terms of working hours, wages, allowances and other statutory dues of a fixed term employee would be at par with permanent workmen. A fixed term worker will also be eligible for all statutory benefits available to a permanent workman proportionately according to the period of service rendered by him even though his period of employment does not extend to the qualifying period of employment required in the statute. The employer can directly hire a worker for a fixed term without mediation of any contractor. The worker employed for short period will get better working and service conditions as compared to a contract worker.
3 Whatsapp/Telegram No Impact inclusion of On the termination of fixed term employment of the workman the workman is not entitled to any notice or pay in lieu thereof. Win Win situation It is a win win situation for both worker and employer as at on the one side it provided flexibility for employing workers as per the demands of the market and on the other hand it ensures that worker hired gets equal benefits and working condition at par with the permanent employee. South Asian Cooperative Environment Programme (SACEP) Why in news The Union Cabinet chaired by Prime Minister has approved signing of a MoU between India and SACEP for cooperation on the response to Oil and Chemical Pollution in the South Asian Seas Region. Background The SACEP jointly with the International Maritime Organisation (IMO) developed a "Regional Oil Spill Contingency Plan" to facilitate international co-operation and mutual assistance in preparing and responding to a major oil pollution incident in the seas around the Maritime States of Bangladesh, India, Maldives, Pakistan and Sri Lanka. Impact The MoU intends to promote closer cooperation between India and other maritime nations comprising the South Asian seas region namely Bangladesh, Maldives, Pakistan and Sri Lanka for protection and preservation of marine environment in the region. Implementation Indian Coast Guard (ICG) will be the Competent National Authority and national operational contact point for implementation of "Regional Oil Spill Contingency Plan" under the MoU and shall respond to oil and chemical spills on behalf of Government of India. Further, ICG Maritime Rescue Coordination Centres (MRCCs) will be the national emergency response centre for marine incidents. About SACEP In order to promote and support protection, management and enhancement of the environment in the South Asian region, the Governments of Afghanistan, Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan and Sri Lanka established the SACEP in 1982 in Sri Lanka. Secretariat Sri Lanka
4 Whatsapp/Telegram No South Asian Seas Programme (SASP) The establishment of SACEP in 1982 as the regional environmental hub, facilitated the introduction of the Regional Seas Programme to South Asia. South Asian Seas Action Plan (SASAP) to protect and manage the marine environment of the South Asian Sea was adopted in March 1995 by the region s five maritime countries (Bangladesh, India, Maldives, Pakistan and Sri Lanka). The South Asian Seas Region can be categorised into two distinct geographical groups: Mainland and island nations. While Maldives and Sri Lanka are island nations, Bangladesh, India and Pakistan are situated on the Asian mainland. The SAS Region is comprised of the marine and coastal waters of Bangladesh, India, Maldives, Pakistan and Sri Lanka and is physically divided by the Indian subcontinent into three distinctive areas: two large marine ecosystems the Arabian Sea in the west and the Bay of Bengal in the east; and a large area of the open Indian Ocean to the south of India and Sri Lanka. SACEP also serves as the secretariat of South Asian Seas Programme (SASP). International Competition Network Annual Conference in Delhi This is the first time India hosted the ICN2018 Annual Conference since it joined International Competition Network (ICN) in It was hosted by Competition Commission of India. The ICN provides competition authorities with a specialized yet informal venue for maintaining regular contacts and addressing practical competition concerns. This allows for a dynamic dialogue that serves to build consensus and convergence towards sound competition policy principles across the global antitrust community. The ICN is unique as it is the only international body devoted exclusively to competition law enforcement and its members represent national and multinational competition authorities. The ICN does not exercise any rule-making function. Where the ICN reaches consensus on recommendations, or "best practices", arising from the projects, individual competition authorities decide whether and how to implement the recommendations, through unilateral, bilateral or multilateral arrangements, as appropriate.
5 Whatsapp/Telegram No Gold imports 20:80 scheme The increase in gold imports had put pressure on the current account deficit in A series of steps were taken in response to this situation, including increasing the import duties on gold and gold products, and placing restrictions on gold imports. Subsequently first on and then on , the restrictions were modified to introduce the 20:80 scheme, under which, it was mandated that at least 20% of gold imported is to be used for export. Under this scheme, only banks and PSUs like MMTC, STC, etc. were allowed to import gold for domestic use following 20:80 formula. The scheme was designed to restrict the import of gold, conserve foreign exchange by imposing export obligations, and ensure that the premium from purchase and sale of gold resided in the hands of public agencies. However, from , the Premier Trading Houses and Star Trading Houses were also allowed to import gold under 20:80 scheme. The then Finance Minister approved the modified scheme on , even though the model code of conduct was in place since with the announcement of the Lok Sabha Polls, and the counting was due on At the time when the scheme was announced, it was known that there was a shortage of gold for domestic use and a premium between USD 100 to USD 150 per ounce (Approximately Rs 2 lakh per Kg) was being charged from the domestic customers. Allowing private companies like PTHs and STHs to import gold provided these agencies an opportunity of windfall gain, as the benefit of the high premium on gold could now be availed of by these agencies. It has been observed by CAG that gold imported by 13 trading houses during June 2014 to November 2014 was MTs which means a windfall gain of about Rs 4500 cr to these agencies during this period, assuming a premium of Rs 2 lakh per kg and 80% of imported gold supplied to domestic market earning the premium. Even the export obligations were being met through export of plain jewellery, viz., bangles and chains, which were re-melted in offshore locations through front/ shell companies for the purpose of re-import. The new Government reviewed the scheme. It was noted that since the liberalization in May 2014, recorded gold imports had increased substantially averaging about tons a
6 Whatsapp/Telegram No month. The increase in gold imports had benefitted disproportionately the STH/PTHs whose imports had shot up by 320 percent and who then accounted for 60% of all imports compared to 20% before May. Therefore, it was found that the advantage to the STHs/PTHs extended in May 2014 was unfair and this discrimination in their favour needed to be eliminated. Therefore, the new Government took a bold decision of ending the discrimination and liberalizing the import and scrapped the 20:80 scheme altogether on As pointed out by CAG, average monthly import of gold declined to MT after abolition of 20:80 scheme (from December 2014 to March 2015) from a high of MTs during June 2014 to November 2014 when PTHs/STHs were allowed under 20:80 scheme. It was merely MT per month under 20:80 during August 2013 to May 2014 before PTH/STHs were allowed in May Thus, it is clear that abolition of 20:80 scheme eliminated undue advantage to PTHs/STHs and import of gold was reduced. Baltic Dry Index The Baltic Dry Index is a shipping freight index reported daily by the Baltic Exchange in London. The index provides a benchmark for the price of moving the major raw materials by sea. The BDI is a composite of 3 sub-indices, each covering a different carrier size: Capesize, Panamax, and Supramax. Capesize carriers are the largest ships with a capacity greater than 150,000 DWT. Panamax refers to the maximum size allowed for ships travelling through the Panama Canal, typically 65,000-80,000 DWT (Deadweight tonnage i.e how much weight a ship can carry). The Supramax Index covers carriers with a capacity of 50,000-60,000 DWT.
7 Whatsapp/Telegram No Mahila Shakti Kendra scheme It will empower rural women through community participation to create an environment in which they realize their full potential. The budget speech ( ) of the Finance Minister announced setting up of Mahila Shakti Kendra is meant to provide one stop convergent support services for empowering rural women with opportunities for skill development, employment, digital literacy, health and nutrition. Accordingly, a new sub-scheme namely Mahila Shakti Kendra (MSK) under the Umbrella Scheme Pradhan Mantri Mahila Shashaktikaran Yojana (PMMSY) has been approved for implementation during upto The Scheme will provide an interface for rural women to approach the government for availing their entitlements and for empowering them through awareness generation, training and capacity building. The new scheme MSK is envisaged to work at various levels. While, National level (domain based knowledge support) and State level (State Resource Centre for Women) structures will provide technical support to the respective governments on issues related to women, the District and Block level Centres will provide support to MSK and also give a foothold to women empowerment schemes including BBBP in 640 districts to be covered in a phased manner. Community engagement through Student Volunteers is envisioned in 115 most backward districts as part of the MSK Block level initiatives. Student volunteers will play an instrumental role in awareness generation regarding various important government schemes/ programmes as well as social issues that have an impact on lives of women in a given block. These student volunteers will serve as "agents of change" and have a lasting impact on their communities and the nation. Miscellaneous 1. Himachal Pradesh Govt levies Rs 1 cess (to be called Gau vansh vikas cess) on the sale of every bottle of liquor to generate revenue for the maintenance of gaushalas (cow shelters) in the state. Govt also announced to amend the HP Religious Endowments and Temple Trust Act to make way for utilising 15% of temple offerings for maintaining cowsheds. 2. Multi Commodity Exchange of India (MCX) launched world s first brass futures contract.
INTERIM UNION BUDGET 2019
Lunawat & Co. INTERIM UNION BUDGET 2019 2Lunawat & Co. DIRECT TAX Income-Tax Slab Rates There is no change in income-tax slab rates Relief to tax payers Section 87A is being amended to provide relief to
More informationKey highlights union budget
Key highlights union budget 2018-19 * Govt's health scheme to cover 10 crore poor families is world's largest government-funded health protection scheme. * Arun Jaitley proposed to tax long term capital
More informationA. Background of evaluation of Crop Insurance in India.
A. Background of evaluation of Crop Insurance in India. 1. Comprehensive Crop Insurance Scheme (CCIS) To provide financial support to the farmers in the event of failure of crops as a result of natural
More informationPresentation on Implementation of Pradhan Mantri Fasal Bima Yojana and Unified Package Insurance Scheme
Presentation on Implementation of Pradhan Mantri Fasal Bima Yojana and Unified Package Insurance Scheme Ministry of Agriculture, Co-operation & Farmers Welfare Government of India Mumbai, 22nd March, 2016
More informationFinancial Sector of South Asia Revisiting the Benchmark Condition
Financial Sector of South Asia Revisiting the Benchmark Condition Presentation by Dr Khondaker Golam Moazzem Additional Research Director Centre for Policy Dialogue (CPD) Contents 1. Introduction 2. Financial
More informationPart -5. For queries regarding my lecture:- -
Part -5 For queries regarding my lecture:- Email- vironika.studyiq@gmail.com You can also follow me for updates and pdf: Instagram:- vironika_om Or Facebook:- VIRONIKA PRESENTED BY: VIRONIKA Bsc.(Hons.)
More informationWhat is Global Hunger Index & Position of India in the Index?
Frequently Asked Questions IC Division- 1. Global Hunger Index(GHI) What is Global Hunger Index & Position of India in the Index? The Global Hunger Index(GHI) is an Index which ranks countries on a 100-
More informationRural Road Connectivity in India
www.swaniti.in Rural Road Connectivity in India The 12th Five Year Plan (2012-17) identifies rural connectivity as one of the key priorities to achieve rural poverty alleviation and development. With over
More informationCURRENT AFFAIRS FEBRUARY NATIONAL
CURRENT AFFAIRS FEBRUARY 2016 - NATIONAL http://www.tutorialspoint.com/current_affairs_february_2016/national.htm Copyright tutorialspoint.com News 1 - CBDT signed two bilateral Advance Pricing Agreements
More informationIL&FS TRANSPORTATION NETWORKS LIMITED CSR POLICY
IL&FS TRANSPORTATION NETWORKS LIMITED CSR POLICY 1 TABLE OF CONTENTS CHAPTER I... 3 CSR OVERVIEW AND ITS CONTEXT... 3 CHAPTER II... 5 CSR FRAMEWORK... 5 CHAPTER III... 6 FUNDING AND IMPLEMENTATION... 6
More informationEEX Group Global Commodities
EEX Group Global Commodities EEX Group Freight The European Energy Exchange The European Energy Exchange is the Commodities exchange of Deutsche Börse Group. EEX offers a one-stop shop for power, natural
More informationAnalysing the Union Budget for
Analysing the Union Budget for 2018-19 What was special about this year s Budget? This year s Budget is the last full Budget of the Narendra Modi government. While electoral compulsions were expected to
More informationInternational Workshop. Agricultural Trade Liberalisation and Domestic Market Reforms in Indian Agriculture
Sponsored by Forward Markets in Agricultural Commodities Paper prepared for: International Workshop Agricultural Trade Liberalisation and Domestic Market Reforms in Indian Agriculture June 5, 2008 The
More informationPress Information Bureau Government of India Ministry of Finance 01-February :06 IST Highlights of Budget
Press Information Bureau Government of India Ministry of Finance 01-February-2018 14:06 IST Highlights of Budget 2018-19 Finance Minister Shri Arun Jaitley presents general Budget 2018-19 in Parliament.
More informationNo. 14/1/2016-Trans Government of India Ministry of Power. Office Memorandum
No. 14/1/2016-Trans Government of India Ministry of Power Shram Shakti Bhawan, Rafi Marg, New Delhi, dated s" December, 2016 Office Memorandum Subject: Guidelines on Cross Border Trade of Electricity At
More informationSchemes announced in Budget
Schemes announced in Budget 2018-19 Agricultural Schemes Govt. will set up an agricultural market and infrastructure fund of Rs. 2000 crore to improve market connectivity. Kisan Urja Suraksha evam Utthaan
More informationGOVERNMENT OF INDIA MINISTRY OF AGRICULTURE AND FARMERS WELFARE DEPARTMENT OF AGRICULTURE, COOPERATION AND FARMERS WELFARE
GOVERNMENT OF INDIA MINISTRY OF AGRICULTURE AND FARMERS WELFARE DEPARTMENT OF AGRICULTURE, COOPERATION AND FARMERS WELFARE 748. PROF. SAUGATA ROY: LOK SABHA UNSTARRED QUESTION NO. 748 TO BE ANSWERED ON
More information28 th Year of Publication. A monthly publication from South Indian Bank. To kindle interest in economic affairs... To empower the student community...
Experience Next Generation Banking A monthly publication from South Indian Bank To kindle interest in economic affairs... To empower the student community... www.southindianbank.com Student s corner ho2099@sib.co.in
More informationVisit us at Gosarkari.com
Visit us at Union Budget 2019-2020 of India was presented by the Union Minister for Finance, Corporate Affairs, Railways & Coal, Shri Piyush Goyal. The knowledge about yearly Union Budget is very important
More informationUnion Budget : An overview
Union Budget 2018-19: An overview The Union Budget 2018-19 was unveiled on 1 st February by the Finance Minister in Lok Sabha. This brief provides an overview of budgetary allocation to key social sector
More informationStudy-IQ education, All rights reserved
Copyright @ Study-IQ education, All rights reserved TIRELESSSOUL GauravGarg888 Q1) Which body in consultation with Central and State Governments, will put in place a fool-proof mechanism so that farmers
More informationSCHOOL OF ACCOUNTING AND BUSINESS BSc. (APPLIED ACCOUNTING) GENERAL / SPECIAL DEGREE PROGRAMME
All Right Reserved No. of Pages - 14 No of Questions - 08 SCHOOL OF ACCOUNTING AND BUSINESS BSc. (APPLIED ACCOUNTING) GENERAL / SPECIAL DEGREE PROGRAMME YEAR I SEMESTER II (Group B) END SEMESTER EXAMINATION
More informationCitizen s/client s Charter for Ministry of Women and Child Development ( )
Citizen s/client s Charter for Ministry of Women and Child Development (2018-2019) Towards a new dawn Ministry of Women and Child Development Shastri Bhawan, Dr. Rajendra Prasad Road New Delhi 110001 Website:
More informationWeekly GK Banking Capsule 2018
1 Banking News Bharathi appointed as head of Corporation Bank P V Bharathi has been appointed as Managing Director and Chief Executive Officer of the Corporation Bank on 24 December 2018 She is at present
More informationA monthly publication from South Indian Bank. To kindle interest in economic affairs... To empower the student community...
To kindle interest in economic affairs... To empower the student community... Open YAccess www.sib.co.in ho2099@sib.co.in A monthly publication from South Indian Bank SIB STUDENTS ECONOMIC FORUM Experience
More informationClimate Risk Insurance Models from India
Climate Risk Insurance Models from India Regional Dialogue on Climate Resilient Growth & Development Dhyanesh Bhatt 21 st Feb 2018 Agenda Crop insurance in India Guwahati city & Risk financing A case study
More informationInterim financial report for the period 1 January to 30 September 2010
Page 1 of 7 Interim financial report for the period 1 January to 30 September Highlights EBITDA was MUSD 5.2 for the first nine months, adjusted for the share options programme of MUSD 7.6. The result
More informationEconomic and Social Survey of Asia and the Pacific 2017 Governance and Fiscal Management
Economic and Social Survey of Asia and the Pacific 217 Governance and Fiscal Management Launch and Panel Discussion on the UN Economic and Social Survey of Asia and the Pacific 217: Korean Perspective
More informationThe information and materials contained in this document are subject to change. Unauthorized use of EXIM Bank logo, name and copyrights are strictly
The information and materials contained in this document are subject to change. Unauthorized use of EXIM Bank logo, name and copyrights are strictly prohibited. Not all products and services are available
More informationCrop Insurance.
Crop Insurance in India Crop Insurance in India Crop insurance in general has not been so successful across the globe in different countries. Policy makers have unrolled various avatars of crop insurance
More informationSOUTH ASIA- REGIONAL COOPERATION OF TRADE FACILITATION: WAY FORWARD 1
Release as received SOUTH ASIA- REGIONAL COOPERATION OF TRADE FACILITATION: WAY FORWARD 1 Arvind Mehta India Asia Pacific Trade Facilitation Forum 2011 Trade facilitation is important to increase trade
More informationCentrally Sponsored Schemes
LOK SABHA SECRETARIAT PARLIAMENT LIBRARY AND REFERENCE, RESEARCH, DOCUMENTATION AND INFORMATION SERVICE (LARRDIS) MEMBERS REFERENCE SERVICE REFERENCE NOTE. No. 31 /RN/Ref./December /2013 For the use of
More informationIntroduction to the Asian Clearing Union (ACU)
Introduction to the Asian Clearing Union (ACU) ACU Secretariat March 2, 2009 Table of Contents Introduction History Objectives ACU Organization ACU Operations ACU Transactions ACU Achievements ACU Challenges
More informationUnemployment in the Economy: Challenges & Potential in the Micro, Small and Medium Enterprises (MSME) Sector
Unemployment in the Economy: Challenges & Potential in the Micro, Small and Medium Enterprises (MSME) Sector 1. Introduction The Unemployment Rate (UR) has steadily climbed from 3.8 in 2011-12 to 5 by
More informationCross Border Electricity Trade
Cross Border Electricity Trade Afghanistan Pakistan Nepal Bhutan India First meeting of core team on South Asian Regional Power Exchange (SARPEX) Bangladesh 7 th - 9 th February, 2017 New Delhi, India
More informationPradhan Mantri Awaas Yojana - Gramin (PMAY-G) Ministry of Rural Development Government of India
Pradhan Mantri Awaas Yojana - Gramin (PMAY-G) Ministry of Rural Development Government of India Presentation Plan 1 Erstwhile Indira Awaas Yojana (IAY) 2 Findings of Performance Audit of IAY by CAG 2014
More informationPPP trends and initiatives in South Asian Countries
PPP trends and initiatives in South Asian Countries Policy Dialogue on PPP for Infrastructure Development in South Asia Organized by UN ESCAP 21-22 September 2015 Agenda 1 2 3 4 Infrastructure Assessment
More informationStrategy beyond Twelfth Five Year Plan - Achievement of Sustainable Development Goals
Strategy beyond Twelfth Five Year Plan - Achievement of Sustainable Development Goals Demographic Indicators Indicator Himachal Pradesh (Census 2011) All India Population (million) 6.8 1210 Decennial Growth
More informationHasmukh Adhia is the present finance secretary of India. (18/3/2018)
Hasmukh Adhia is the present finance secretary of India. (18/3/2018) CONSIDER THE FOLLOWING STATEMENT REGARDING THE LOANS TO WOMEN SELF HELP GROUPS IN UNION BUDGET 2018-19 1) It increased to grow about
More informationECONOMICS WBCS (Mains) 2015
ECONOMICS WBCS (Mains) 2015 5 year plan 121) Consider the following: 1. Growing public sector was emphasized in first eighth plans 2. Planning in India derives its objectives and social premises from the
More informationEVERYDAY CURRENT AFFAIRS FEBRUARY 2, 2019 TAMIL NADU
EVERYDAY CURRENT AFFAIRS FEBRUARY 2, 2019 TAMIL NADU Tamil Nadu is expected to get - Rs 3,348.60 crore more in the next financial year as its share from the Centre as part of tax revenue Under this, Tamil
More informationNestlé in India: Winning in the New Reality
Nestlé in India: Winning in the New Reality Helio Waszyk Chairman and Managing Director Nestlé India September 25 th, 2012 Disclaimer This presentation contains forward looking statements which reflect
More informationCMA Analysis of the Union Budget
CMA Analysis of the Union Budget 2018-19 On the macroeconomic front, post the uncertainties created by demonetisation and the efforts involved to streamline GST implementation, the recovery of economy
More informationDate: Dear Sir,
Date: 10-12-2011 To Dr. Manmohan Singh, Hon ble Prime Minister of India, Room No. 152, South Block, New Delhi. THROUGH THE KIND FAVOUR OF HIS EXCELLENCY, GOVERNOR OF KARNATAKA, FORWARDED TO THE HONOURABLE
More informationJournal of Internet Banking and Commerce
Journal of Internet Banking and Commerce An open access Internet journal (http://www.icommercecentral.com) Journal of Internet Banking and Commerce, April 2017, vol. 22, no. 1 THE SOURCES AND COMPONENTS
More informationBe Happy, Share & Help Each Other!!!
A Lecture 1- Quote 2- Editorials 3- Current Affair Q 4- Subjective 5- Vocabulary 6- Maps Practice(Q-Pakistan) 7- Capital & Currency 8- News Analysis 9- Revision 10-Prelims Focus Facts VeeR Talyan @247veer
More informationInvestment Policy and Regulatory Framework in Nepal, FY ( )
Investment Policy and Regulatory Framework in Nepal, FY 2073-74 (2016-2017) Introduction Due to narrow fiscal space in the government finance and feeble capacity of private sector, foreign investment is
More informationNOTIFICATION NO. 3/2011 [SO 34(E)] FTD II [F.NO. 500/96/97 FTD II], DATED
SECTION 90 OF THE INCOME TAX ACT, 1961 DOUBLE TAXATION AGREEMENT AGREEMENT AMONG THE GOVERNMENTS OF SAARC MEMBER STATES FOR AVOIDANCE OF DOUBLE TAXATION AND MUTUAL ADMINISTRATIVE ASSISTANCE IN TAX MATTERS
More informationManaging commodity price risk using derivatives
Managing commodity price risk using derivatives Nidhi Aggarwal IIM Udaipur Roundtable meeting on Institutional participation in commodity derivatives markets Bombay June 20, 2017 Outline Significance of
More informationSARATHI BANKING ACADEMY
1 Pradhan Mantri MUDRA Yojana (PMMY) is a scheme launched by the Hon ble Prime Minister on April 8, 2015 for providing loans upto 10 lakh to the non corporate, non-farm small/micro enterprises. These loans
More informationCurrent Affairs 29 th March 2018
Current Affairs 29 th March 2018 (IMPORTANT CURRENT Affairs) MoU between India and SACEP approved The Cabinet has approved the MoU between India and South Asian Cooperative Environment Programme (SACEP)
More informationCURRENT AFFAIRS 8 September th September 2017 CURRENT AFFAIRS
CURRENT AFFAIRS 8 September 2017 8 th September 2017 CURRENT AFFAIRS DOUBTILYA TEAM SAMIHANA 1993 Mumbai Serial Blasts The 1993 September 12 th Bombay bombings were a series of 12 bomb explosions in the
More informationPAPER ON THE SOCIAL SECURITY AND CORPORATE PENSIONS IN INDIA
PAPER ON THE SOCIAL SECURITY AND CORPORATE PENSIONS IN INDIA [Submitted in June 2009 to the Japanese Society of Certified Pension Actuaries for its conference on 4-6 October, 2009, by K. Subrahmanyam,
More informationShri Vishnu Engineering College for Women (Autonomous): Bhimavaram. Department of Management Studies UNION BUDGET 2018 ANALYSIS
Shri Vishnu Engineering College for Women (Autonomous): Bhimavaram Department of Management Studies UNION BUDGET 2018 ANALYSIS SESSION @ 01-02-18 The students of MBA had witnessed the live presentation
More informationMEMORANDUM OF UNDERSTANDING (MOU) BETWEEN. THE CANADA-NOVA SCOTIA OFFSHORE PETROLEUM BOARD (hereinafter referred to as "the Board") AND
MEMORANDUM OF UNDERSTANDING (MOU) BETWEEN THE CANADA-NOVA SCOTIA OFFSHORE PETROLEUM BOARD (hereinafter referred to as "the Board") AND THE CANADIAN COAST GUARD (hereinafter referred to as CCG ) (HEREINAFTER
More informationUK govt now has highest number of Indian-origin ministers
UK govt now has highest number of Indian-origin ministers UK parliament now has a minister of state (Alok Sharma) and three junior ministers (Rishi Sunak, Shailesh Vara and Suella Fernandes). Sunak is
More informationNational Spot Exchange Operations - its features & benefits.
National Spot Exchange Operations - its features & benefits 1 OVERVIEW OF NATIONAL SPOT EXCHANGE 2 NATIONAL SPOT EXCHANGE INTRODUCTION Mission Statement: To develop a pan India, institutionalized, electronic,
More information- 1 - WEST BENGAL MINERAL DEVELOPMENT AND TRADING CORPORATION LIMITED (WBMDTCL) (Govt. of West Bengal Undertaking)
- 1 - WEST BENGAL MINERAL DEVELOPMENT AND TRADING CORPORATION LIMITED (WBMDTCL) (Govt. of West Bengal Undertaking) Revised scheme of Spot e-auction for sale of coal to Micro and Small industrial units
More informationGujarat Budget Analysis
Gujarat Budget Analysis The Finance Minister of Gujarat, Mr. Nitin Patel, presented the Budget for financial year on February 20, 2018. Budget Highlights The Gross State Domestic Product of Gujarat for
More informationASIA-PACIFIC HIGH-LEVEL CONSULTATION ON FINANCING FOR DEVELOPMENT April 2015 Jakarta. Chair s summary
ASIA-PACIFIC HIGH-LEVEL CONSULTATION ON FINANCING FOR DEVELOPMENT 29-30 April 2015 Jakarta Chair s summary 1. The Asia-Pacific High-level Consultation on Financing for Development was held from 29 to 30
More informationWEST BENGAL TEXT BOOK CORPORATION LIMITED. (A Govt. of West Bengal Undertaking) 11, B.T. Road, Kolkata
WEST BENGAL TEXT BOOK CORPORATION LIMITED (A Govt. of West Bengal Undertaking) 11, B.T. Road, Kolkata 700 056 E-TENDER BIDDING DOCUMENT TO ASCERTAIN THE RATE OF BLACK SCHOOL SHOES PER PAIR FOR PROCUREMENT
More informationPrice and Inflation. Chapter-3. Global Inflation Scenario. Chart 3.1 National CPI inflation (12-month average : base FY06=100)
Global Inflation Scenario 3.1 Global inflation remained controlled in 1 while some commodity prices were still high. Decline in commodity prices, especially fuels and foods, has contributed to the decrease
More informationS. No. Questions / Tweets Received Replies Registration 1. Does aggregate turnover include value of inward supplies Refer Section 2(6) of CGST Act.
S. No. Questions / Tweets Received Replies Registration 1. Does aggregate turnover include value of inward supplies Refer Section 2(6) of CGST Act. received on which RCM is payable? Aggregate turnover
More informationSpeech of SHRI NAVEEN PATNAIK. Chief Minister, Orissa
Government of Orissa Speech of SHRI NAVEEN PATNAIK Chief Minister, Orissa in the 52 nd Meeting of The National Development Council at Vigyan Bhawan, New Delhi 9 th December, 2006 Hon'ble Prime Minister,
More informationInterim Budget February
Interim Budget 2019 February 2019 www.krayman.com Union Budget 2019 Hon ble Minister of Finance, Shri Piyush Goyal, presented the Interim Budget for the financial year ( FY ) 2019-20 on February 1, 2019.
More informationSri Lanka The hub of South Asia.
Sri Lanka The hub of South Asia SRI LANKA AT A GLANCE Capital (Commercial) Colombo Capital (Administrative) Sri Jayewardenepura Kotte Area 65,525 sq km Population 21,409,381 (July 2017 est.) Official Language
More informationCorporate Office. C- 11, Connaught Place, New Delhi , India. Phone: Fax:
Simbhaoli Sugars Limited Investor Update On the Fiinanciiall Resullts For the quarter ended March 31,, 2009 (Q2 FY09) Corporate Office C- 11, Connaught Place, New Delhi- 110001, India Phone: +91-11-41510421-23
More informationMadhya Pradesh Best practices in Governance
Madhya Pradesh Best practices in Governance The Growth Story (XI Plan Period 2007-08 to 2011-12) Particulars MP Rank All India GSDP 10.20 2 nd 7.67 Primary 8.45 1 st 2.51 Secondary 9.82 2 nd 6.83 Tertiary
More information4(8)/Ec. Dn. /2017 Ministry of Finance Department of Economic Affairs Economic Division MONTHLY ECONOMIC REPORT NOVEMBER 2018 ***** HIGHLIGHTS
4(8)/Ec. Dn. /2017 Ministry of Finance Department of Economic Affairs Economic Division MONTHLY ECONOMIC REPORT NOVEMBER 2018 ***** HIGHLIGHTS The growth of real GDP for the first half of 2018-19 was 7.6
More informationDraft DRAFT. Bangladesh s Financing Strategy: What we can learn for the Asia-Pacific region? Goksu Aslan. Bangkok, November 15, 2018
Bangladesh s Financing Strategy: What we can learn for the Asia-Pacific region? DRAFT Goksu Aslan goksu.aslan@un.org Bangkok, November 15, 2018 Goksu Aslan EGM - SDG Costing Bangkok, November 15, 2018
More informationA BRIEF NOTE ON THE IMPLEMENTATION OF NATIONAL RURAL EMPLOYMENT GUARANTEE SCHEME IN HIMACHAL PRADESH
A BRIEF NOTE ON THE IMPLEMENTATION OF NATIONAL RURAL EMPLOYMENT GUARANTEE SCHEME IN HIMACHAL PRADESH NATIONAL RURAL EMPLOYMENT GUARANTEE SCHEME The National Rural Employment Guarantee Act was notified
More informationRouting Slip 13 (T-ICSP and Project BRs)
TRANSITIONAL ICSP AND PROJECT BUDGET REVISION(S) FOR T-ICSPs FOR APPROVAL BY THE EXECUTIVE DIRECTOR 6) To: Division Room Approval and Date Mr David Beasley Executive Director OiC OED 6G30 5) Released for
More informationNational Rural Employment Guarantee Act (NREGA)
National Rural Employment Guarantee Act (NREGA) What is NREGA? NREGA is designed as a safety net to reduce migration by rural poor households in the lean period through A hundred days of guaranteed unskilled
More informationSUGGESTED SOLUTION INTERMEDIATE M 19 EXAM. Test Code CIM 8155
SUGGESTED SOLUTION INTERMEDIATE M 19 EXAM SUBJECT- ECONOMICS Test Code CIM 8155 BRANCH - () (Date :) Head Office : Shraddha, 3 rd Floor, Near Chinai College, Andheri (E), Mumbai 69. Tel : (022) 26836666
More informationEvaluation Approach Project Performance Evaluation Report for Loan 2167 and Grant 0006-SRI: Tsunami-Affected Areas Rebuilding Project September 2015
Asian Development Bank 6 ADB Avenue, Mandaluyong City, 1550 Metro Manila, Philippines Tel +63 2 632 4444; Fax +63 2 636 2163; evaluation@adb.org www.adb.org/evaluation Evaluation Approach Project Performance
More informationRisk Transfer mechanisms. Dr Pavan Kumar Singh Senior Research Officer National Disaster Management Authority Govt of India
Risk Transfer mechanisms Dr Pavan Kumar Singh Senior Research Officer National Disaster Management Authority Govt of India Loss Events 2015 Total economic losses caused by the disasters in 2015 were USD
More informationCentre for Trade Facilitation and Research in Textiles
Centre for Trade Facilitation and Research in Textiles Textile Economic Intelligence (WEEK ENDING 11-08-2018) NEWS HIGHLIGHTS: IMF urges India to accelerate pace of fiscal consolidation. India's average
More informationCURRENT AFFAIRS OCTOBER TO NOVEMBER. Office : F-126, (Lower Basement), Katwaria Sarai, New Delhi Phone :
CURRENT AFFAIRS OCTOBER TO NOVEMBER 2017 Office : F-126, (Lower Basement), Katwaria Sarai, New Delhi-110016 Phone : 011-26522064 Mobile : 8130909220, 9711853908 E-mail: info@iesmasterpublications.com,
More informationScheme Financing Infrastructure Projects through the India Infrastructure Finance Company Limited (IIFCL)
Government of India Scheme Financing Infrastructure Projects through the India Infrastructure Finance Company Limited (IIFCL) Published by The Secretariat for the Committee on Infrastructure Planning Commission,
More informationSummary report. Technical workshop on principles guiding new investments in agriculture: Screening of prospective investors and investment proposals
Summary report Technical workshop on principles guiding new investments in agriculture: Screening of prospective investors and investment proposals Lilongwe, Malawi, 26-27 September 2017 1 1. Introduction
More informationSurvey Report on the Use of Free Trade Agreements in Myanmar
Chapter 8 Survey Report on the Use of Free Trade Agreements in Myanmar Sandar Oo Thida Kyu Zin Zin Naing Yangon University of Economics August 2015 This chapter should be cited as Oo, S., T. Kyu and Z.
More informationCODES OF GOOD PRACTICE FOR THE SOUTH AFRICAN MINERALS INDUSTRY
(15 June 2017 to date) MINERAL AND PETROLEUM RESOURCES DEVELOPMENT ACT 28 OF 2002 (Gazette No. 23922, Notice No. 1273 dated 10 October 2002. Commencement date: 1 May 2004 [Proc. No. R25, Gazette No. 26264])
More informationSPEECH OF CMD, NHFDC on Capacity Building Workshop for officials of West Bengal Women Development Undertaking, Kolkata,
SPEECH OF CMD, NHFDC on Capacity Building Workshop for officials of West Bengal Women Development Undertaking, Kolkata, 06.03.2012 I am very happy and honoured to attend this One day workshop organized
More informationJoint IEA-IEF-OPEC Report on the Workshop. Interactions between Physical and Financial Energy Markets. 21 March 2013, Vienna
Joint IEA-IEF-OPEC Report on the Workshop Interactions between Physical and Financial Energy Markets 21 March 2013, Vienna Executive Summary OPEC, the IEA and IEF jointly hosted their third high-level
More information24 th Year of Publication. A monthly publication from South Indian Bank. To kindle interest in economic affairs... To empower the student community...
Experience Next Generation Banking To kindle interest in economic affairs... To empower the student community... www.sib.co.in ho2099@sib.co.in A monthly publication from South Indian Bank 24 th Year of
More informationRole of Private Sector in the growth of Power Infrastructure in South Asia. Mukunda Paudyal, Joint Secretary, Investment Board, Government of Nepal
Role of Private Sector in the growth of Power Infrastructure in South Asia Mukunda Paudyal, Joint Secretary, Investment Board, Government of Nepal Outline of Presentation 1. The case for Private Investment
More information(b) whether the Government has paid insurance claims as compensation for damage of crops due to floods and drought during the current year;
O.I.H. GOVERNMENT OF INDIA MINISTRY OF AGRICULTURE AND FARMERS WELFARE DEPARTMENT OF AGRICULTURE, COOPERATION AND FARMERS WELFARE LOK SABHA UNSTARRED QUESTION NO.2026 TO BE ANSWERED ON THE 14 TH MARCH,
More informationIndia: An Attractive Investment Destination. Department of Industrial Policy and Promotion Ministry of Commerce and Industry
India: An Attractive Investment Destination Department of Industrial Policy and Promotion Ministry of Commerce and Industry Indian economy: growth trajectory Indian economy at USD 4531 Billion (in PPP
More informationModified National Agricultural Insurance Scheme (MNAIS)
1. OBJECTIVES The objectives of the Scheme are as under: - i) To provide insurance coverage and financial support to the farmers in the event of prevented sowing & failure of any of the notified crop as
More information7 VAT Procedures. 1. Registration. Learning objectives
7 VAT Procedures Learning objectives After reading this chapter you will be able to understand: the provisions relating to registration under VAT laws. what is tax payer identification number (TIN). the
More informationStudy Report on Rice Credit Line in Guntur District: Andhra Pradesh
Study Report on Rice Credit Line in Guntur District: Andhra Pradesh In keeping with the development commitment of the state and as envisaged in Swarnandhra Pradesh ' Vision 2020 ' policy document, Andhra
More informationA monthly publication from South Indian Bank. To kindle interest in economic affairs... To empower the student community...
To kindle interest in economic affairs... To empower the student community... Open YAccess www.sib.co.in ho2099@sib.co.in A monthly publication from South Indian Bank Experience Next Generation Banking
More informationWelcome to Presentation of Twelfth Five Year Plan and Annual Plan Proposal Madhya Pradesh. May 11, 2012
Welcome to Presentation of Twelfth Five Year Plan and Annual Plan Proposal Madhya Pradesh May 11, 2012 1 ACHIEVEMENTS OF ELEVENTH PLAN (ECONOMY) Targets and Achievement Sector Target for Growth Expected
More informationTATA AIG GENERAL INSURANCE COMPANY LIMITED PRODUCT LIST
Name of Product Pradhan Mantri Fasal Bima Yojna Janata Personal Accident (Group) Janata Personal Accident (Individual) Pradhan Mantri Suraksha Bima Yojana Group Credit Secure Auto shield Business Guard
More informationThe Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement (Amendment) Bill, 2015
Dear aspirants, following are the links of various articles taken from various newspapers. Click the link to read further. To get notification, follow the blog. Thank you 1. United by a common purpose
More informationBUDGET INCREASE TO EMERGENCY OPERATION BANGLADESH
BUDGET INCREASE TO EMERGENCY OPERATION BANGLADESH 10715.0 Food Assistance to Cyclone-Affected Populations in Southern Bangladesh Cost (United States dollars) 1 Present budget Increase Revised budget Food
More informationDry Bulk Market Outlook 15 March Marine Money: Gulf Ship Finance Forum Prepared by Angelica Kemene Head of Market Analysis & Intelligence
Dry Bulk Market Outlook 15 March 2018 Marine Money: Gulf Ship Finance Forum Prepared by Angelica Kemene Head of Market Analysis & Intelligence Dry Bulk Demand Outlook Short term & long term demand Global
More informationTopic : Economic Structure Balance of Payment Page 1 of 6
Topic : Economic Structure Balance of Payment Page 1 of 6 COVERAGE ECONOMIC STRUCTURE, ECONOMIC POLICY 1991 AND BALANCE OF PAYMENT Paper VI Business Environment MBA (Evening) 3 rd Year ÿ ÿ ÿ Economic Structuring:
More informationSecretariat of the Scaling Up Nutrition (SUN) Movement. Annual Financial Report of Expenditures 1 January December 2017.
Secretariat of the Scaling Up Nutrition (SUN) Movement Annual Financial Report of Expenditures 1 January 31 December 1 P a g e Contents About this Report... 3 Key financial elements of the year ()... 3
More informationDistribution of Ration Card in Pilot Phase - Bhubaneswar Municipality Corporation (BMC)
Distribution of Ration Card in Pilot Phase - Bhubaneswar Municipality Corporation (BMC) Hon ble Chief Minister giving away the first Ration Card under NFSA in Ward No. 5 of BMC National Food Security Act
More information