Current Affairs – February 2017

Government clarifies Beti Bachao Beti Padhao has no provision for cash transfer component

The Union Ministry of Women & Child Development has clarified that Beti Bachao Beti Padhao (B3P) Scheme has no provision for individual cash transfer component.

It has warned the unauthorised websites/organisations, NGOs, individuals that are distributing forms in the name of cash incentives under B3P Scheme.

It also has mentioned that it is illegal and serious matter as there is no cash incentive associated in any form. Government’s clarification came following reports that certain unauthorised sites, organisations, NGOs and individuals were found distributing forms in the name of cash incentive under the scheme.

About Beti Bachao Beti Padhao (B3P) Scheme

  • The B3P scheme was launched in January, 2015 by Prime Minister Narendra Modi at Panipat in Haryana. The scheme is aimed at promoting gender equality and the significance of educating girls.
  • It is a social campaign that aims to generate awareness and improve the efficiency of welfare services meant for girls.
  • It focuses on changing mindsets and deep rooted patriarchy in the societal system, advancing education of the girl child, strict enforcement of PC&PNDT Act and on issues of women empowerment.
  • It is targeted at improving the Child Sex Ratio (CSR) through multi sectoral interventions including prevention of gender biased sex selection and promoting girls’ education and her holistic empowerment.

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Income Tax Department launches Operation Clean Money

The Income Tax Department (ITD) launched Operation Clean Money (Swachh Dhan Abhiyan), an e-platform to analyse large cash deposits made during the demonetisation window (9 November to 30 December 2016).

Under it, e-verification of large cash has been done using data analytics for comparing the demonetisation data with information in ITD databases.

Key Facts
  • In the first batch of the operation,around 18 lakh persons have been identified in whose case, cash transactions do not appear to be in line with the tax payer’s profile.
  • It comprises account-holders whose deposits did not match their incomes, as per data with the IT department, will be alerted on their e-filing portals.
  • IT department has sent emails and phone text messages to these accountant holders to seek their explanation about the source of funds and a response within 10 days.
  • In absence of a response, they will receive a notice from the tax department or further action. The verification will also be closed if the cash deposit is declared under Pradhan Mantri Garib Kalyan Yojna (PMGKY).

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