Government introduces Bill on northeast The government has introduced the Constitution (125th Amendment) Bill, 2019 in Rajya Sabha which seeks to bring 10 tribal dominated Autonomous District Councils in the Sixth Schedule areas of the north-eastern region under purview of the Finance Commission. The proposed amendments provide for a) devolution of financial resources to the… Continue reading Government introduces Bill on northeast
Author: ForumIAS
Vet institute, ambulances mooted in ₹98 crore lion conservation plan
Vet institute, ambulances mooted in ₹98 crore lion conservation plan The Ministry of Environment, Forest and Climate Change has launched the ‘Asiatic Lion Conservation Project’ which aims to protect and conserve the world’s last ranging free population of Asiatic Lion, a species endemic to the Gir landscape of Gujarat. The conservation project which has a… Continue reading Vet institute, ambulances mooted in ₹98 crore lion conservation plan
Ladakh gets divisional status
Ladakh gets divisional status Jammu and Kashmir Government has approved divisional status to Ladakh, which was part of the Kashmir division till now. The division of Ladakh, comprising of Leh and Kargil Districts, would be provided with a) separate administrative and revenue division with its headquarters at Leh, b) Divisional Commissioner, c) Inspector General of… Continue reading Ladakh gets divisional status
TB survivors challenge patent to end J&J monopoly
Two tuberculosis survivors from Indian and South Africa have challenged Johnson and Johnson’s application to extend the patent over Bedaquiline, in order to keep it affordable for everyone. Bedaquiline is a drug used to treat multidrug-resistant tuberculosis (MDR-TB). MDR-TB is a condition where the TB bacteria has developed resistance to most antibiotic drugs. The J&J… Continue reading TB survivors challenge patent to end J&J monopoly
Will try to lift more banks from PCA
1.The government said they will try to help lift the restrictions on other public sector banks too after the Reserve Bank of India (RBI) lifted restrictions under prompt corrective action (PCA) on three public sector banks last week. 2.The PCA framework kicks in when banks breach any of the three key regulatory trigger points —… Continue reading Will try to lift more banks from PCA
SC declines stay on 10% quota
1.The Supreme Court has declined to order a stay on the Centre’s decision to grant 10% reservation in jobs and educational institutions to economically weak sections in the general category. 2.The petitioners has sought the quashing of the bill due to following reasons a) The economic criterion cannot be the sole basis for reservation.b) The… Continue reading SC declines stay on 10% quota
U.S. may end zero tariffs for India
1.India could lose a vital US trade concession, under which it enjoys zero tariffs on $5.6 billion of exports to the United States, amid a widening dispute over its trade and investment policies. 2.The move to withdraw the generalised system of preferences (GSP) from India, the world’s largest beneficiary of a scheme that has been… Continue reading U.S. may end zero tariffs for India
Medical devices to be treated as drugs
The Health Ministry has announced certain medical devices such as all implantable devices, CT / PET / MRI equipments, dialysis machines, will be now treated as a “drugs” as defined in Drugs and Cosmetics Act with effect from 1st April 2020. Drug & Cosmetics Act, 1940 regulates the import, manufacture and distribution of drugs in… Continue reading Medical devices to be treated as drugs
Government introduces Bill on northeast
The government has introduced the Constitution (125th Amendment) Bill, 2019 in Rajya Sabha. This bill seeks to bring 10 tribal dominated Autonomous District Councils in the Sixth Schedule areas of the north-eastern region under purview of the Finance Commission. The proposed amendments provide for a) devolution of financial resources to the councils based on recommendations… Continue reading Government introduces Bill on northeast
Startups to be listed for Angel tax exemption
1.The government on Friday agreed to compile a list of startups eligible for angel tax exemption, based on their audited financial statements and income tax returns of the previous year.2.The government has decided to raise the maximum time limit below which a firm would be deemed eligible for angle tax exemption from present 7 years… Continue reading Startups to be listed for Angel tax exemption
