Current Affairs Today - Current Affairs 2017

हिंदी करंट अफेयर्स प्रश्नोत्तरी 2017 के लिए यहाँ क्लिक करें.

Mary Kom wins gold medal in Asian Women’s Boxing Championships

Five time world champion Mary Kom won gold medal in Asian Women’s Boxing Championships in Light Flyweight (48 kg) category. In the final match held at Ho Chi Minh City in Vietnam, she defeated North Korea’s Kim Hyang Mi in the final bout 5-0 by unanimous judges decision.

It was her fifth gold medal in 48 kg category in Asian Women’s Boxing Championships ( earlier won in 2003, 2005, 2010 and 2012) in only six appearances (in 2008 final she won silver), making her unbeaten in summit clash of continental championship. This was also Mary Kom’s first international gold medal since 2014 Asian Games and her first medal in over year.

MC Mary Kom

Mary Kom’s full name is Mangte Chungneijang Mary Kom and is nicknamed Magnificent Mary. She was born on 1 March 1983 in Churachandpur district of Manipur. She is five time World Amateur Boxing champion. She is the only woman boxer to have won a medal in each one of the six world championships.

Mary Kom had won bronze medal in 2012 London Olympics in the flyweight (51 kg) category and was only Indian woman boxer to qualify for this category. She is also first Indian woman boxer to get a Gold Medal in2014 Asian Games held at Incheon, South Korea. For her outstanding contribution to sport of boxing, she has been awarded Padma Bhushan (2013), Padma Shree (2010) and Arjuna Award for Boxing (2003).

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Government doubles import duty on wheat to 20%

The Central Board of Excise and Customs (CBEC) under Union Finance Ministry has doubled import duty on wheat to 20% from 10% to curb cheap shipments and give positive price signal to farmers in ongoing Rabi season. It also imposed import duty of 50% on peas to check cheaper shipments from countries like Canada to boost domestic prices. The import duty on peas has been imposed to curb shipments and boost domestic prices.

Purpose

In the last two years India, world’s second biggest wheat producer has been importing wheat after local production fell due to successive droughts. India had imported 5.75 million tonnes of wheat in 2016/17 fiscal year ended on March. Doubling of import duty aims to give positive price signal and encourage farmers to grow wheat in more area as farmers have started planting of rabi (winter) wheat crop. Moreover, Government does not want wheat growers to follow way of pulses farmers who shifted to other crops this kharif season as prices remained low just before sowing period owing to bumper crop last year.

Pulses Issues

India produced record 22 million tonnes of pulses in 2016-17 crop year which led to fall in domestic prices, even below MSP. Moreover, country also imported about 5 million tonnes of pulses last fiscal.

Import Duty

It is a tax collected on imports and some exports by customs authorities of country. It is usually based on value of goods that are imported. Depending on context, import duty may also be referred to as tariff, import tax, customs duty and import tariff.

The purpose of import duty is to raise income for local government and to give market advantage to locally grown or produced goods that are not subject to import duties. It is sometimes used as tool to penalize a particular nation by charging high import duties on its products.

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