States Current Affairs

4 Northern states and 2 UTs agree to fix uniform tax rates on petroleum products

Northern states of Punjab, Haryana, Uttar Pradesh, Himachal Pradesh and Union Territories of Delhi and Chandigarh have agreed to fix uniform tax rates on petroleum products, amid rising fuel prices. Besides, these states and UTs also have agreed to bring uniformity in taxes on liquor and registration of vehicles and transport permit. This decision will lead to increase in government revenue and at the same time curb black marketing. It will also help to curb diversion of trade.

Key Facts

Decision in this regard was taken at meeting finance ministers of five states and officials of UT Chandigarh held in Chandigarh to deliberate on fixing uniform rate of taxes on petrol and diesel. The meeting was initiative of Haryana Finance and Excise and Taxation Minister Captain Abhimanyu.

In this meeting it was decided to bring uniformity in VAT rates on petrol and diesel in order to provide relief to consumers. It was also decided to have uniform policy for state transport so that there should be no loss of revenue from registration and permit fees because of different tax rates.

The participating states also decided to constitute a sub-committee, which would give their recommendation with regard to uniformity in tax rates in next fifteen days. Committee of officials has also been set up for excise and transport, which will send report to their respective state governments on the uniformity of rates.

Month: Categories: India Current Affairs 2018

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PM Narendra Modi inaugurates Jharsuguda Airport in Odisha

Prime Minister Narendra Modi inaugurated new airport in Jharsuguda – also known as the powerhouse of Odisha. PM also flagged off the UDAN flight on Jharsuguda-Raipur sector. It is first airport in Odisha to provide necessary connectivity to Bhubaneswar, Raipur and Ranchi under Regional Connectivity Scheme (RCS)-UDAN (UdeDesh Ka AamNaagrik) Scheme. Other than Jharsuguda, three more airports are being developed in Odisha namely, Jeypore (Koraput District), Rourkela (Sundargarh District) and Utkela (Kalahandi District) to provide connectivity to remote and far flung areas of coastal state under Regional Connectivity Scheme.

Jharsuguda Airport

Jharsuguda is the second airport of Odisha after Bhubaneswar to become operational. It has been developed by Airports Authority of India (AAI) in collaboration with Odisha Government. The airport is spread across over 1027.5 acres of land. Area of its terminal Building is around 4000 sqm.

The airport has 2390 metre-long runway and has been developed for all weather operations including night operations for A-320 type of aircraft. It is equipped with state-of-the-art passenger facilities. Interiors of its building depict local handicrafts, artwork and tourist destinations of state highlighting rich ethos and culture of region. The airport will play significant role in development of Western Odisha and will give impetus to the growing tourism industry in the region.

UDAN is flagship scheme of Central Government introduced to enable air operations on unserved routes, connecting regional areas, to promote balanced regional growth and to make flying affordable for masses.

Month: Categories: Places in News 2018

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