Centre gives two options to States on GST compensation

News: Finance Minister has chaired the 41st GST Council meet.The council discussed states compensation and revenue losses. Facts: Union Finance Minister has placed before the GST Council two options for borrowing by states to meet the shortfall in GST revenues pegged at Rs 2.3 lakh crore in the current fiscal.The two options are: First Option:… Continue reading Centre gives two options to States on GST compensation

UMANG app services to be available via CSCs

News: The National e-Governance Division(NeGD) has signed an MOU with CSC (Common Service Center) e Governance Services India Limited to facilitate delivery of UMANG services at CSCs. Facts: Unified Mobile Application for New-Age Governance(UMANG) app: It is the common unified platform launched in 2017 for delivery of services of various Government Departments through the mobile… Continue reading UMANG app services to be available via CSCs

DST encourages research on Carbon Capture, Utilisation & Storage(CCUS)

News: Department of Science & Technology(DST) has invited proposals from Indian researchers in the area of Carbon Capture, Utilisation & Storage (CCUS) under Accelerating CCUS Technologies(ACT) initiative. Facts: Accelerating CCUS Technologies(ACT): It is an initiative of 16 countries, regions and provinces to fund research and innovation projects that can lead to safe and cost-effective CCUS… Continue reading DST encourages research on Carbon Capture, Utilisation & Storage(CCUS)

Export Preparedness Index 2020

News: NITI Aayog in partnership with the Institute of Competitiveness has released the Export Preparedness Index (EPI) 2020. Facts: EPI: It is the first report which examines export preparedness and performance of Indian states and intends to identify challenges and opportunities; enhance the effectiveness of government policies and encourage a facilitative regulatory framework. Parameters: The… Continue reading Export Preparedness Index 2020

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