Current Affairs - 2017

Government constitutes GoM to resolve IT challenges faced in GST implementation

Union Finance Ministry has constituted Group of Ministers (GoM) to monitor and resolve IT challenges faced in implementation of Goods and Services Tax (GST). It also Committee on Exports to look into issues of exports. Both committees were constituted following the decision taken in 21st GST Council meeting in Hyderabad, Telangana. Key Facts Group of… Read More »

CCEA approves survey project of Un-appraised Areas of Sedimentary Basins

The Cabinet Committee on Economic Affairs (CCEA) has approved survey project to acquire 48,243 Line Kilometer (LKM) 2D seismic data for appraisal of Indian sedimentary basins where limited data is available. Sedimentary basin is a low area in the Earth’s crust, of tectonic origin, in which sediments accumulate. It can range from as small as… Read More »

Cabinet approves Payment of Gratuity (Amendment) Bill, 2017

The Union Cabinet has given approved introduction of the Payment of Gratuity (Amendment) Bill, 2017 in the Parliament. The Bill seeks to amend Payment of Gratuity Act, 1972. The Amendment will increase maximum limit of gratuity of employees, in Public Sector Undertakings (PSUs)/Autonomous Organizations under Government and in private sector who are not covered under… Read More »

Cabinet approves hiving off BSNL’s mobile tower assets into a separate company

The Union Cabinet has approved proposal for hiving off mobile tower assets of Bharat Sanchar Nigam Limited (BSNL) into a separate tower infrastructure company, fully owned by BSNL. Decision in this regard was taken in the Union Cabinet Meeting chaired by Prime Minister Narendra Modi in New Delhi. Significance The Cabinet approval authorizes BSNL to monetize… Read More »

Cabinet approves MoU between India and Japan in field of Silk Industry

The Union Cabinet has approved Memorandum of Understanding (MoU) between India and Japan for collaborative research in the field of silkworm and silk industries. The MoU was signed between Central Silk Board (CSB), India and National Institute of Agrobiological Sciences (NIAS), Japan in November 2016. Key Facts The MoU was of scientific and technological nature. Its… Read More »

UNSC unanimously adopts new sanctions against North Korea

The United Nations Security Council (UNSC) has unanimously passed new set of tougher sanctions against North Korea over its sixth and most powerful nuclear test (claimed to be Hydrogen bomb). It was overall the ninth sanctions resolution unanimously adopted by UNSC since 2006 over North Korea’s ballistic missile and nuclear programs. The new sanctions imposes… Read More »

Government reconstitutes six Committees of Cabinet

The Union Government has reconstituted six Committees of the Cabinet after recent ministry reshuffle. Defence Minister Nirmala Sitharaman who was elevated in recent Cabinet restructuring process was inducted as full time member of Cabinet Committee on Security, Cabinet Committees on Economic and Political Affairs. Railway Minister Piyush Goyal and Dharmendra Pradhan were also included as… Read More »

FoSCoRIS: FSSAI launches online platform for food inspection, sampling

Food Safety and Standards Authority of India (FSSAI) has launched ‘FoSCoRIS’, a nationwide online platform to bring in transparency in food safety inspection and sampling. The food regulator has asked all states to adopt this system as it would help eliminate discrepancy and make food safety officers accountable. Key Facts The web-based ‘FoSCoRIS’ system will… Read More »

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