Uttar Pradesh [UPPSC] Current Affairs - 2020

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Uttar Pradesh Assembly passes UP Revenue Code (Amendment) Bill, 2016

Uttar Pradesh Assembly passed the UP Revenue Code (Amendment) Bill 2016 replacing an ordinance issued by the Governor Ram Naik.

The Bill allows Dalits of the state to sell their land to non-Dalits in the state without approval of the administration even if their remaining holding is less than 3.5 acres.

Key facts

  • The bill seeks to bring changes existing revenue laws dating to the British era by further speeding up disposal of litigations over land ownership in rural areas.
  • It also provision that allows land owners lease out their land for share-cropping purpose without the fear of losing it after 12 years.
  • Ensures that wife gets equal rights on the gram samaj land given out on a lease signifying step towards empowerment of rural women.
  • The bill has provisions for setting up of a new judicial cadre that will look after land revenue disputes in order to end disputes especially in cases of partnership.

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Union Government gives nod for issuance of UDAY bonds to four states

The Union Finance Ministry has approved the proposal of four states for the issuance of Ujjwal Discom Assurance Yojana (UDAY) bonds.

These four states are Uttar Pradesh, Rajasthan, Jharkhand and Chattisgarh. These states account for around about 35 per cent or around 1.5 lakh crore rupees of the outstanding loans of State electricity distribution utilities in the country.

These bonds will be issued by these states as per the UDAY Scheme which allows state governments to take over 75 per cent of power distribution companies (DISCOMs) debt and pay back lenders by issuing bonds.

The scheme also provides that remaining 25 per cent of the debt to be paid back through discom-issued bonds. Total discom debt in the country amounts to Rs.4.3 lakh crore.

So far total 16 states have agreed to join UDAY Scheme and last one to join were Manipur and Tripura. Six states have signed the UDAY contract with the Union Government.

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