Governance & Politics Current Affairs - 2020

Latest India Current Affairs and Current Affairs related to Government policy, polity and administration in India. India’s National Current Affairs updates for 2019.

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Economic Census begins at the National Capital Region

The seventh Economic Census was flagged off at the National Capital by the Ministry of Statistics and Programme Implementation. This is the first time the Census is being carried out in Digital Platform. The Ministry has tied up with Common Service Centres Network (CSCN) for the digital implementation of the census

Highlights

Delhi is the 26th state where the Census is being launched. It is already in process in 20 states and 5 Union Territories. At the capital, it will take three months for the census to complete. More than 1.5 lakh trained volunteers are to visit more than 35 crore establishments to carry out the census.

National Economic Census

The Indian Economic Census is counting the entrepreneurial units involved in agricultural, non-agricultural or any other economic activity. It provides information about the number of establishments in the country, number of persons employed, type of ownership, finance, etc. So far, 6 economic censuses have been held. They were in 1977, 1980, 1990, 1998, 2005, 2013. The seventh Census is the ongoing census that began in 2019.

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What is Adjusted Gross Revenue?

There was a tussle between the Telecommunication industries and the GoI over the license fee settlement. The Union Budget waived penalty for those who paid their interest charges over the disputed tax liabilities before March 2020. The case over the license fee settlement was pronounced in favour of the GoI recently. Following this, several companies like Airtel, Vodafone, TATA have recently paid their dues

What is AGR?

Adjusted Gross Revenue are mainly collected from two main charges namely usage and licensing fee. Apart from these fees, it also includes other revenues like profits, revenue from assets, etc.

The spectrum usage charges are pegged between 3% and 5%. The licensing fee is 8%.

However, since 2005, the Telecom companies have been registering cases in the apex court for proper definition of AGR. In 2015, the SC ruled that AGR included dividend, capital receipts, miscellaneous income, profit from sale of fixed assets, etc.

What was the tussle?

The New Telecom Policy 1999 says that the Telecom operators are required to pay a part of their AGR (Adjusted Gross Revenue) to the GoI as License Fee. While GoI includes revenue from all the assets and profits, the Telecoms argue that the charges under AGR should be pertained only to revenue generated from Telecom services.

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