GoM set up under Assam FM Himanta Biswa Sarma to review composition scheme
- A group of ministers (GoM) has been send at the Assam Finance Minister Himanta Biswa Sarma for the creation of the attractive welness of the task of the revisit GST rates on restaurants. The GST Council, that is head by Finance Minister Arun Jaitley and consisting of his state counterparts, had on Friday constituted the GoM, which will submit its report within 2 weeks.
- In that there are the other member of the GoM are 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, by the statement of the office memorandum. With only 15.50 lakh businesses out of the total 98 lakh registered under the goods and services tax (GST) regime opting for the composition scheme, the GST Council has decided to set up the GoM to examine measures to make it more attractive.
- Businesses with turnover of up to Rs 1 crore can be taken by the composition scheme and they can pay taxes in the range of 1-5 per cent and file returns quarterly. The GoM has been taken as the term of the revised of the with revisiting the tax structure of different categories of restaurants that is of the vision of the rationalising or reducing the rates. In the recent there is the, GST is levied at 12 per cent on non-AC restaurants while it is 18 per cent in air-conditioned ones.
- The GoM can be take as the part of the AC restaurants pass on the benefit of cost reduction under GST to consumers and if they are not, whether they should be disallowed input tax credit claims. For the attractive welness of the task of the revisit GST rates on restaurants. The GST Council, that is head by Finance Minister Arun Jaitley and consisting of his state counterparts, had on Friday constituted the GoM, which will submit its report within 2 weeks.
- The Ministry of Finance is an important ministry within the Government of India concerned with the economy of India, serving as the Indian Treasury Department
- Formed: 29 October 1946
- Jurisdiction: Government of India
- Headquarters: North Block, Cabinet Secretariat, Raisina Hill, New Delhi – 110 001
- Cabinet minister: Arun Jaitley
- Minister of state: Santosh Gangwar, Arjun Ram Meghwal
- Programs: Pradhan Mantri Jan Dhan Yojana
International Conference on Dialogue of Civilizations – IV begins in New Delhi
- The Archaeological Survey of India (ASI), Ministry of Culture, Government of India, in collaboration with National Geographic Society is hosting an international conference on “Dialogue of Civilizations – IV” from 8th – 15th October, 2017 at Delhi, Gandhinagar and Dholavira. This conference is fourth in this series of ‘dialogues’ initiated by National Geographic Society in 2013 with an objective to encourage scholarly and public discourse about the five ancient, literate civilizations of the world, i.e. Egypt, Mesopotamia, South Asia, China and Mesoamerica and how the study of the past can share our present and future towards the right direction. The first conference of this series was inaugurated in Guatemala in 2013 followed by Turkey in 2014 and China in 2015. The present conference is the fourth in this series, with the final dialogue planned in Egypt.
- The inaugural function of the conference held at 4.30 PM on 8.10.2017 at the Banquet Hall, The Ashok, Chanakyapuri, New Delhi. Dr. Mahesh Sharma, Hon’ble Minister of State (Independent Charge), Ministry of Culture & Minister of State for Environment, Forest & Climate Change will inaugurate the opening ceremony in the presence of Smt. Rashmi Verma, Secretary (Culture & Tourism), Dr. Alexander Moen, Vice President, Explorer Programs, National Geographic Society, Smt. Usha Sharma, Director General, Archaeological Survey of India and Prof. Monica Smith, Cotsen Institute of Archaeology, Los Angeles.
- The inaugural function was followed by a lecture by Prof. B.B. Lal, Padma Bhushan awardee on ‘Harappan Civilization’, which introduced the earliest civilization of South Asia to the scholars working on other ancient civilizations and others. The lecture of Prof. B.B. Lal traced the Harappan Civilization and its history of discovery, and highlighting on town planning, agriculture and animal husbandry, art objects, crafts, trade, both internal and external, script, disposal of dead, religion, political set up. He told the many of the prospective of the team.
- Besides, Prof. Lal also briefed, “The new breaking news, and some unique features which are not found from other parts of the world. For example, he highlighted on the earliest ploughed field from Kalibangan in Rajasthan; evidence of earliest datable earthquake from Kalibangan (Rajasthan); earliest dockyard of the world which was found at Lothal (Gujarat); unique water management system that have been found at Dholavira (Gujarat).”
Uttarakhand Govt. launches ‘Solar Briefcase’ to provide electricity in remote areas
- The Uttarakhand Government and a charitable funding agency, that is the Swan Cultural Center and Foundation, on Sunday has initiated the ‘Solar Briefcase’ in Kedarnath Dham.
- This startup has been started for the aim to provide electricity to far flung areas in the hill state.
- “47 villages and 1,40,000 families do not have access to electricity. We have decided to use off-grid electricity. Solar power is a good option,” Uttarakhand Chief Minister Trivendra Singh Rawat told ANI.
- There are more than 60 villages in the state where electrification has not yet been done due to the difficult geographical conditions. (ANI)
- Uttarakhand, a state in northern India crossed by the Himalayas, is known for its Hindu pilgrimage sites
- Rishikesh, a major centre for yoga study, was made famous by the Beatles’ 1968 visit
- The city hosts the evening Ganga Aarti, a spiritual gathering on the sacred Ganges River
- The state’s forested Jim Corbett National Park shelters Bengal tigers and other native wildlife.
President Ram Nath Kovind launches Rs.100 crore clean water initiative
- President Ram Nath Kovind on Sunday has initiated the Mata Amritanandamayi Math’s Rs 100 crore clean water initiative for rural India at the math headquarters in the coastal hamlet of Vallikkavu near here.
- At the time of the visit at the Ladakh Scouts Regimental Centre and the five battalions of the regiment in the border town of Leh, Kovind said, “Bravery of our soldiers on the one hand and the compassion, love and wisdom of our spiritual leaders on the other are the two thick pillars on which we rest our hopes.”
- At the time of the birthday function of ‘Amma’, Kerala Governor Justice P Sathasivam, state minister for tourism and devaswom Kadakampally Surendran, K C Venugopal, MP, and R Ramachandran, MLA accompanied President Ram Nath Kovind in Kerala.
- “The greatest service was to help the poor and downtrodden and enable them achieve their true potential,” he said.
- “This included capacity building in the areas of health and education and ensuring that they get equal opportunities,” Kovind said.
Kerala Tourism launches Continuous Tourist Survey 2017-20
- Kerala Tourism has initiated the three-year long Continuous Tourist Survey 2017-20 (CTS). The survey has been taken at the time of the collaboration with Datamation Consultants, and also this has taken in the mode by the transparent tender process. The Government of India will provide financial assistance of Rs. 25 lakhs, for the survey.
- “Through the data obtained from the survey, the Tourism Department will evaluate the growth of tourism. The survey will provide us an accurate picture of tourists, likes and dislikes and help us to plan accordingly,” Kadakampally Surendran, Kerala Tourism Minister, said.
- “With over 1 million foreign tourists and 13.1 million domestic tourist arrivals, Kerala has been witnessing tremendous growth in tourist traffic since the last couple of years. Kerala has now become a trendsetter in the Indian tourism industry and we will work to ensure that tourism continues to grow,” Venu.V, Principal Secretary, Department of Tourism, Government of Kerala said.
- CTS 17-20 is intended to study in depth the interest of tourists, their age and demographic details, that is the reason that has taken at the mode of the features. The enumerators of Datamation Consultants to collect various details will use a mobile application. The survey will cover not only tourist destinations but also hotels, house boats, home stays, ayurveda centers, restaurants, tour operators etc.
- Kerala, a state on India’s tropical Malabar Coast, has nearly 600km of Arabian Sea shoreline
- It’s known for its palm-lined beaches and backwaters, a network of canals
- Inland are the Western Ghats, mountains whose slopes support tea, coffee and spice plantations as well as wildlife
- National parks like Eravikulam and Periyar, plus Wayanad and other sanctuaries, are home to elephants, langur monkeys and tigers
- Capital: Thiruvananthapuram
Drop ‘Muslim’ and ‘Hindu’ from names of BHU, AMU: UGC
- For the effort that is the secular of the method at the universities, a University Grants Commission (UGC) committee has notices that the word that is the ‘Muslim’ and ‘Hindu’ should be removed from the universities such as the Aligarh Muslim University (AMU) and and Banaras Hindu University (BHU), according to reports.
- This cometee has been made by the five of the cometee that has come in the act by the UGC on 25 April to look into complaints of irregularities against 10 central universities, that has told in the report of the media. The panel was supposed to look into infrastructure and the academic, research and financial operations in these universities.
- The audit had also said, “AMU promoted “inbreeding” and did not have national character. AMU authortites had disputed the claim saying that students from 29 states study in AMU. The V-C, Professor Tariq Mansoor had said that the university’s 60:40 ratio of Muslim and non-Muslim students was not a designed pattern but due to large number of courses like Arabic, Urdu and Farsi for which only Muslim students apply.”
- The other institutions subjected to the audit by UGC committees include Pondicherry University, Hemwati Nandan Bahuguna Garhwal University in Uttarakhand, Central University of Jharkhand, Allahabad University, Central University of Rajasthan, Mahatma Gandhi Antarrashtriya Hindi Vishwavidyalaya in Wardha, Central University of Jammu, Hari Singh Gour University in Madhya Pradesh and University of Tripura.
- Banaras Hindu University, formerly Central Hindu College, is a public central university located in Varanasi, Uttar Pradesh
- Address: Ajagara, Banaras Hindu University Campus, Varanasi, Uttar Pradesh 221005
- Founder: Madan Mohan Malaviya
- Founded: 1916
- Total enrollment: 29,865 (2015)
- Phone: 0542 236 8558
- Vice-chancellor: Girish Chandra Tripathi
- Affiliations: Association of Commonwealth Universities,
President Ramnath Kovind’s first overseas visit to Ethiopia and Djibouti
- President Ram Nath Kovind has been went at the state for the first leg of his four-day visit to Djibouti and Ethiopia, his maiden trip abroad since taking office.
- “Mr. Kovind, the first Indian leader to visit Djibouti, was received by Djiboutian Prime Minister Kamil Mohamed at the airport. During his visit to the two African nations, the President is expected to sign agreements on institutionalisation of foreign office consultation and greater economic cooperation with Ethiopia, Neena Malhotra,” Joint Secretary (East and Southern Africa) in the External Affairs Ministry had said.
- Djibouti has been comes at the take of the Gulf of Aden. Press Secretary to the President Ashok Malik has said that Djibouti is an important Indian Ocean partner country with whom India’s bilateral trade stands at $284 million in 2016-17.
- “The President is looking forward to the visit. He recognises that the Africa and Indian Ocean region are central to Indian foreign policy. That is why this region was chosen as his first foreign visit,” Mr. Malik said.
- India has extended a line of credit of $49 million to Djibouti, mainly for constructing a cement plant. Mr. Kovind’s visit will be the first by an Indian President to Ethiopia after 45 years. The last visit was by President V.V. Giri in 1972.
India slips to 8th among most valuable brands – Nation Brands 2017
- India is ranked on the 8th position at the top of the valuable list of the nation brands, slipping one spot this year and ceding its previous spot to Canada. In the other term the India’s ranking reflects on the current economic slowdown in the country, Canada saw a growth of 14 per cent in its brand value. The United States retains its top position, according to the Nation Brands 2017 report of Brand Finance.
- “In a virtuous circle, Chinese brands and the transformed national image of China as an emerging global power are reinforcing each other.” India, on the other hand, has taken a hit on several fronts. “Reforms must be introduced to maximise job creation, provide fiscal support and to boost economic growth. However, the less than impressive track record of implementing change renders the nation’s outlook unstable. This poses a threat to its future nation brand value,” said David Haigh, CEO, Brand Finance.
- “India needs rapid economic growth, accelerated employment, exponential increase in infrastructure and a do-or-die spirit of enterprise,” says Sandeep Goyal, chairman, Mogae Media.
- Bambawale says, “The gap between advertising and on-ground experience is huge. High-ticket tourists pay prices equal to anywhere in the world, so why come here when they can do better elsewhere? Backpackers add little to revenue.”
- Chandramouli, CEO, TRA, a brand insights agency says, “China has a monolithic government where all decisions are implemented without opposition. India must grow, there is no doubt about it, but our pace must be measured as under a distinct set of conditions.”
Banking and Finance
Reliance Commercial Finance Ltd inks agreement with IREDA for Rs.300 crore loan
- Anil Ambani who is the head of the Reliance Capital arm will get a loan assistance of Rs300 crore from government body Indian Renewable Energy Development Agency Ltd (IREDA) to utilise funds for on-lending to renewable energy sector.
- “Reliance Money (a brand of Reliance Commercial Finance Ltd or RCFL) signs Rs300 crore agreement with Indian Renewable Energy Development Agency Ltd (IREDA),” Reliance Money said in a statement on Monday.
- “Our partnership with IREDA opens new opportunities for us to create solutions for renewable power sector,” said Devang Mody, executive director and chief executive officer, Reliance Commercial Finance Ltd (RCFL).
- “With the Prime Minister’s vision of promoting renewable energy we too understand the importance of what right financing will do to the sector. With the funding we are confident that RCFL will provide solutions and help fill any gaps in financing the renewable energy sector,” said K.S. Popli, chairperson and managing director, IREDA.
- “Reliance Commercial Finance Limited is already a strong known name in the renewable energy funding space, especially related to solar and wind energy. Our partnership with IREDA opens new opportunities for us to create solutions for renewable power sector,” Devang Mody, Executive Director and CEO, Reliance Commercial Finance was quoted as saying in the statement.
- “With the funding we are confident that RCFL (Reliance Commercial Finance) will provide solutions and help fill any gaps in financing the Renewable Energy sector,” K.S. Popli, Chairman & Managing Director, IREDA, was quoted as saying in the statement.
- Ministry of New and Renewable Energy or MNRE is a ministry of the Government of India
- The ministry is currently headed by Piyush Goyal, a cabinet minister
- The ministry was established as the Ministry of Non-Conventional Energy Sources in 1992
- Formed: 1992
- Jurisdiction: India
- Headquarters: Block-14, CGO Complex, Lodhi Road, New Delhi, India
- Minister of state independent charge: R. K. Singh
Science and Technology
SS Athenia, first British ship lost in World War II discovered in UK
- The 525ft that has been joint with the Liverpool for Canada on September 3, in the year 1939, that is taking the passengers hoping to escape the imminent hostilities, when it was hit on the port side by a torpedo. A total of more than 1,418 passengers and crew were on board.
- Mr Gunyon said, “At the time of the sinking he and his brother Andrew and sister Barbara were asleep together in a bunk in their cabin, while their mother was below in the dining room. The lights went out straight away. She listed, and then righted herself, then I waited. Eventually my mother found her way up from the dining room and came into the cabin.”
- Mr Gunyon said: “I have mixed feelings about the Athenia being found. It’s a monument to Man’s folly, trying to settle arguments by fighting rather than talking. Only passenger liners and perhaps warships are that large. The more I looked at that image, the more it was clear this had a really good chance of being the Athenia.”
- “Can I go into a court of law and say, ‘100%, that’s Athenia?’ No. But barring a photograph I can say in my expert opinion there’s a very, very high probability that that’s Athenia. Everything fits,” said Mr Mearns, who sets out the case in his book The Shipwreck Hunter.
India’s Anupama Ramachandran wins inaugural snooker meet
- Anupama Ramachandran of India and Dylan Emery of Wales who has said of the World Open Under-16 Snooker Championship titles in the girls and boys category, respectively, in St. Petersburg Russia.
- Federation of Billiards Sports of Russia which has been going host first over the World Open championships for Under-16 boys and girls, which was a success with total participation of 73 cueists from across the world.
- Wales player Dylan Emery, after obtaining 8th seed for knockout stage played splendid game of snooker. He ousted Grigorii Pakhomov of Russia (3-0); Digvijay Kadian of India (3-2); Kreishh Gurbaxani of India (4-0); Andrei Karasov of Russia (4-2) to enter in the final where he knocked out 14th seed Mikhail Terekhov of Russia 4-1 to claim the title.
- In girls category, 2nd seed Anupama Ramachandran of India knocked out her compatriot and top seed Keerthana Pandian 3-1 to become World Open Under-16 champion.
Awards and Recognitions
T D Radhakrishnan selected for Vayalar award
- The main in the term that is of the noticeed Novelist T D Radhakrishnan’s ‘Sugandhi Enna Andal Devanayaki’ has been chosen for this year’s prestigious Vayalar award.
- In this award there will be the cash prize of Rs one lakh also, citation and a statuette, will be presented to him on October 27, the death anniversary of poet and lyricist Vayalar Ramavarma.
- The Vayalar Ramavarma Memorial Trust in memory of Vayalar instituted the award, given for the best literary work in Malayalam, in 1977.
Noted journalist Bismoy Kumar Mohanty dies
- In the recent, the main event journlist that is the Bismoy Kumar Mohanty died on Sunday because of the heart attack at Puri, family sources said. Mohanty was 62 and that was living with his wife, a son and a daughter. Sources said, “Mohanty, who had gone to the seaside pilgrim town along with his wife, complained of chest pain this morning. He was taken to Puri hospital where doctors declared him dead.”
- Owner and editor of Odia daily “Ajikali” has published from Balasore, Mohanty was the president of Odisha Small and Medium Newspaper Organisation. He was get in the touch with the many of the social and cultural organisations. His wife Bijay Laxmi Mohanty is also publisher and editor of language daily “Sambad Bahika”.
- A pall of gloom descended on media circles here when the news about Mohandy’s demise spread. As his body was taken to his native place in Balasore district via Bhubaneswar for last rites, a large number of journalists and people from different walks of life paid their last respect and offered floral tributes.
International Day of the Girl Child
- International Day of the Girl Child is an international day of the observance that has been made by the United Nations; it is also stated as the Day of the Girl and the International Day of the Girl. October 11, in the year 2012, was the first Day of the Girl.
- The main aim of this day is to give the awareness to the girls and increases awareness of gender inequality faced by girls worldwide based upon their gender.
- There are many of the way that is of the right to education/access to education, nutrition, legal rights, medical care, and protection from discrimination, violence against women and unfree child marriage.
- The celebration of the day also “reflects the successful emergence of girls and young women as a distinct cohort in development policy, programming, campaigning and research.”