Author: ForumIAS

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

NATIONAL SECURITY ACT INVOKED AGAINST TWO PERSONS IN M.P FOR ILLEGAL COW TRANSPORT

1.Authorities in Madhya Pradesh Agar Malwa district booked two men under the National security Act for allegedly transporting cattle illegally and disrupted public peace. 2.The National Security Act of 1980 is an act of the Indian Parliament whose purpose is to empower both Central and State Governments to detain a person to prevent him/her from… Continue reading NATIONAL SECURITY ACT INVOKED AGAINST TWO PERSONS IN M.P FOR ILLEGAL COW TRANSPORT

Vet institute, ambulances mooted in Rs. 98 crore Asiatic Lion Conservation Project

The Ministry of Environment, Forest and Climate Change has launched the ‘Asiatic Lion Conservation Project’ . It aims to protect and conserve the world’s last wild population of Asiatic Lion – a species endemic to the Gir, Gujarat. The 3 year long conservation project which has a “Species Conservation over a large landscape” focuses on… Continue reading Vet institute, ambulances mooted in Rs. 98 crore Asiatic Lion Conservation Project

Answers: Mains Marathon – UPSC Mains Current Affairs Questions – February 8, 2019

Archives Q.1) What are the possible implications of climate change on agriculture in India? Suggest some measures to increase agricultural resilience to climate change effects. Answer: Agriculture accounts for 16% of gross domestic product and 49% of employment in India, making it crucial in the overall economy. Impact of climate change: Crops are impacted by… Continue reading Answers: Mains Marathon – UPSC Mains Current Affairs Questions – February 8, 2019

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 Police and d) other… Continue reading Ladakh gets divisional status

Startups to be listed for angel tax exemption

The Department for Promotion of Industry and Internal Trade (DPIIT) and the Central Board of Direct Taxes (CBDT) soon will come up with a list of startups eligible for angel tax exemption, based on their audited financial statements and income tax returns of the previous year Angel tax is imposed on the excess share capital… Continue reading Startups to be listed for angel tax exemption

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