National Current Affairs

Enter Your Email Address To Subscribe Daily Digest of Current Affairs:

Union Commerce Ministry launches SEZ India app

The Union Ministry of Commerce and Industry (MOCI) has launched a mobile application named “SEZ India” under its broader e-Governance initiative to help the Special Economic Zone (SEZ) Units and Developers.

It will help the SEZ Units and Developers to find information easily and track their transactions on Online System. It will also facilitate them to file all their transactions digitally through SEZ Online system and track the status on the go through the SEZ India mobile app.

The app has four sections
  • SEZ Information: It consists of compendium of the SEZ Act, 2005, MOCI Circulars, SEZ Rules, 2006, details of SEZs and Units etc. and gives up to date comprehensive details on all these aspects.
  • Trade Information: It gives access to important information and tools such as Foreign Trade Policy (FTP), Hand Book of procedure, Customs & Excise Notification, Duty Calculator and MEIS Rates.
  • Contact Details: It consists of contact details of all Development Commissioners Office, DG System, DGFT, DGCI & S and SEZ online.
  • SEZ online Transaction: It dynamic submenu that tracks the Bill of Shipping/Entry Bill processing status and also does verification. It also helps the Exporters/Importers to track status of Shipping Bill/ Bill of Entry integration and processing in the EDI system of the ICEGATE.

Tags:

Expert Group on SECC submits report to Rural Development Ministry

The Expert Group set up to prepare Socio Economic and Caste Census (SECC) has submitted its report to the Ministry of Rural Development (MoRD). The expert group was headed by former Finance Secretary Sumit Bose.

The objective of the expert group was to study criteria for allocation of resources to States and identification and prioritization of beneficiaries under various programmes using SECC data.

The MoRD will use the SECC data for identification of beneficiaries and generating priority list of beneficiaries under its programmes. Based on it appropriate guidelines were issued for making inter-state allocation to cover households under Pradhan Mantri Awaas Yojana and Deendayal Antyodaya Yojana – National Rural Livelihood Mission.

Key Observation of the Expert Group
  • The use of SECC data and its TIN Number will enable the government to improve the efficacy of its interventions and it will also result in improved outcome.
  • However there is need for regular updation and verification of SECC data in order to eliminate the need to mount standalone SECC in long run, which can put additional burden on public resources.
  • The SECC has the potential to function as Social Registry Information System (SRIS) from being only census-like socio-economic database. SRIS will have several advantages in implementation of social sector schemes.
  • The use of SECC data will lead to better budgetary planning and allocation of resources for various programmes.

Tags:

Unemployment in India to increase marginally in 2017-18: ILO

According to recently released World Employment and Social Outlook for 2017, the number of unemployed people in India is expected to rise by 1 lakh in 2017 and another 2 lakh in 2018.

The report was released by the International Labour Organisation (ILO) with projections based on econometric modelling carried out in November 2016.  The report has clubbed India in the category of emerging nations.

Key highlights of the report
  • Number of jobless in India will increase from 17.7 million in 2016 to 18 million by 2018 even though the country’s unemployment rate is expected to go down from 3.5% to 3.4% in 2017.
  • India performed slightly well in terms of job creation in 2016, as majority of the 13.4 million new employment were created.
  • Globally, the number of jobless people will increase by 3.4 million in 2017. The global unemployment rate is expected to rise modestly from 5.7 to 5.8% in 2017 as pace of labour force growth outstrips job creation.
  • The increase in unemployment levels and rates in 2017 will be driven by deteriorating labour market conditions in emerging countries.
  • Vulnerable forms of employment, which include own account workers and contributing family workers are expected to stay above 42% of total employment.
  • About 1.4 billion people are likely to be engaged in such employment in 2017, with the number rising by 11 million per year. Sub-Saharan Africa and Southern Asia will be the most affected.
  • In developing countries, the number of workers earning less than $3.10 per day is even expected to increase by more than 5 million over the next two years.
  • Global uncertainty and the lack of decent jobs are, among some of the other factors, underpinning social unrest and migration in many parts of the world.

Tags:

Advertisement

12345...102030...356