States Current Affairs – 2017

Current Affairs 2017, 2016 of all States with latest updates. Current Affairs will list latest developments, issues in all states

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RBI: Fiscal Deficit of States Soars to Rs 4.93 trillion in FY16

According to ‘Handbook of Statistics on States 2016-17‘, the gross fiscal deficits of all the states have soared to Rs 4,93,360 crore in fiscal 2016 from Rs 18,790 crore in FY1991. This is the second edition of RBI’s statistical publication.

Salient Highlights

‘Handbook of Statistics on States 2016-17 follows a ‘one-indicator-one table’ approach. It covers all sub-national statistics on socio- demographics, state domestic product, agriculture, industry, infrastructure, banking and other fiscal indicators across the states during the period 1950-51 to 2016-17.

The handbook also provides data on the state-wise availability of power, per capita availability of power, installed capacity of power, and power requirement, the length of national highways, roads and state highways, and railheads.

Uttar Pradesh had a fiscal deficit of Rs 3,070 crore in FY91, which has soared to Rs 64,320 crore in FY16. It is projected to improve to Rs 49,960 crore in FY17.

Rajasthan had a fiscal deficit of Rs 540 crore in FY91, which has soared to Rs 67,350 crore in FY16. However, the gross fiscal deficit is projected to decline to Rs 40,530 crore in FY17.

Maharashtra has a fiscal deficit of Rs 37,950 crore in FY16 which is projected to soar to Rs 35,030 crore in FY17.

Gujarat which has seen rapid industrialisation in the period of data analysis has got its fiscal deficit increased from Rs 1,800 crore in FY91 to Rs 22,170 crore in FY16 and the deficit is projected to further deteriorate in FY17 to Rs 24,610 crore. In fact from FY01, Gujarat has not shown improvement in its macro numbers even for a single year.
Andhra Pradesh has a deficit of Rs 17,000 crore in FY16 which is set to increase to  Rs 20,500 crore in FY17. Tamil Nadu is also projected to have a higher deficit at Rs 40,530 crore in FY17. Karnataka is also estimated to post higher deficit in FY17 at Rs 25,660 crore.

Bihar which has a fiscal deficit of Rs 28,510 crore in FY16 is slated to improve its finances with the fiscal deficit of Rs 16,010 crore in FY17. Similarly, West Bengal is also slated to improve its fiscal deficit to Rs 19,360 crore in FY17 .

Fiscal deficit is the difference between total expenditure and total revenue receipts including recoveries of loans and other receipts.

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West Bengal Honoured with UN Public Service Award

West Bengal Chief Minister Mamata Banerjee has received the highest prize in United Nations Public Service Award for the state government’s Kanyashree Prakalpa (Girl Child) scheme in The Hague, Netherlands.

Kanyashree Prakalpa scheme of West Bengal came first among the 552 project nominations received by the UN from 62 countries.

West Bengal has been awarded in the Asia-Pacific group for the category: ‘Reaching the Poorest and Most Vulnerable through Inclusive Services and Participation‘.

Argentina was the winner in the Latin America-Caribbean Group for its programme for early childhood education. In the Western Group, the UK was the winner for its programme to prevent senior citizens from being defrauded.

Background

Kanyashree Prakalpa is an initiative of the West Bengal government to improve the lives and the status of the adolescent girls. The scheme provides financial help to the girls from disadvantaged families to pursue higher studies. It also aims to prevent child marriage. Increased educational attainment, prevention of child marriage and financial inclusion are the objectives of the scheme. The scheme was launched by Mamata Banerjee in October 2013.

This is not the first time that Kanyashree Prakalpa has won an award. Earlier, it had also received the appreciation of the UNICEF. The scheme has covered 40 lakh school and college going girls under its umbrella. Under this scheme, cash transfers have been provided to them as scholarships as long as they continue going to school. The UN Public Service Awards were launched in 2003.

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Prime Minister Narendra Modi inaugurates Kochi Metro 

Prime Minister Narendra Modi has inaugurated Kochi Metro, which will be Kerala’s first metro line. The Construction of the Kochi Metro which was entrusted to the DMRC has been completed in a record four-year period. Prime Minister has inaugurated the first phase of the metro with 13.2 km out of the total 25 km stretch. The Kochi Metro will be the country’s eighth inter-city metro rail project.

Salient Highlights

Kochi Metro is India’s first integrated multi-mode transport system. The system will also provide boat rides with water transport as a feeder service to the rail corridor.

Kochi Metro is the first public transport system that has reserved jobs for the transgenders. The Metro has so far employed 23 transgenders in various departments. Further, a majority of the staff in Kochi Metro will be women. Nearly 1,000 women have been selected to work in Kochi Metro. The trains will also be driven mainly by women drivers.

The first phase of the metro with 11 stations covering 13km is the longest first phase of a metro to be inaugurated. 

The Kochi Metro is the first in the country to use Communication Based Train Control technology for maximising train frequencies and minimising errors.

Each station of the Kochi Metro will showcase a theme, such as maritime history, western ghats etc. With the help of solar panels, the Kochi Metro plans to meet 35% of its power requirements. With this, it has become the first metro in the country to use solar power to meet a quarter of its electricity requirement.

The project cost of Kochi Metro is Rs 5,180 crore.

The Kochi Metro is the county’s first fully integrated metro. By purchasing a single ticket, commuters will be able to travel in feeder services along road and water.

In a first, Kochi Metro will offer free wi-fi in its coaches and its stations.

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