Rashtriya Vayoshri Yojana had been introduced by The Ministry of Social Justice and Empowerment in 2017. It is scheme for providing Physical Aids and Assisted-living Devices for Senior citizens belonging to BPL category. The beneficiaries under the scheme are identified through Assessment Camps organised in collaboration with the respective State Government/District Administration. The devices are… Continue reading Rashtriya Vayoshri Yojana
Category: Daily Factly articles
Spending on Government subsidy on rise
Expenditure on subsidies is expected to be at 9.83% of total expenditure in 2019-20, up from the 9.65% in 2018-19. Spending on subsidy has been falling consistently from 18.2% in 2012-13 to 8.15% in 2017-18. However, the reason for reversal this year accounts to sharp rise in food and petroleum subsidies due to hike in… Continue reading Spending on Government subsidy on rise
World Economic Situation and Prospects 2019 Report and its findings
World Economic Situation and Prospects 2019 Report produced annually by the UN Department of Economic and Social Affairs (DESA), the UN Conference on Trade and Development (UNCTAD) and the five UN regional commissions on global economic trend. The global economy will continue to grow at a steady pace of around 3 per cent in 2019… Continue reading World Economic Situation and Prospects 2019 Report and its findings
China-Japan frontline sees a ‘cold peace’
Senkaku is an Okinawa chain of 150 islands in East China Sea contested by China and Japan. Senkaku are small but strategically significant and are guarded and controlled by Japanese government. According to Japan, it was Japanese nationals who pioneered a settlement in these islands in late 19th century and China started to claim these… Continue reading China-Japan frontline sees a ‘cold peace’
Bullet train gets green light via flamingo haven, national park
The Mumbai-Ahmadabad high speed train corridor, a first of its kind in India, has been granted wildlife clearance, by a committee headed by the Union Environment Minister The E5 Shinkansen series Bullet Train Project, an India-Japan joint venture, was inaugurated in 2017 and is scheduled for its first run in 2022. Originating at the Bandra… Continue reading Bullet train gets green light via flamingo haven, national park
The very idea of an ‘angel tax’ on start-ups must be reconsidered
Centre has set up a five-member working committee to look into revising the norms of the angel tax imposed on start-ups. Angel tax is a term used to refer to the income tax payable on capital raised by unlisted companies via issue of shares where the share price is seen in excess of the fair… Continue reading The very idea of an ‘angel tax’ on start-ups must be reconsidered
Taliban demands new Afghan Constitution
The Taliban has demanded a new Constitution for Afghanistan, in a meeting held in Moscow, between the Taliban and Afghan Opposition Parties. For Taliban, current Afghan Constitution is a Western import and is an obstacle to peace. The new Afghan Constitution would be based on “inclusive Islamic system” and would be drafted by Islamic scholars.… Continue reading Taliban demands new Afghan Constitution
Russia to develop new missile systems by 2021
US recently decided to withdraw from the Intermediate-Range Nuclear Forces (INF) agreement, signed between US and Russia in 1987, as US believes that Russia has violated the treaty by discreetly developing missiles. Following US withdrawal, now, Russia has reciprocated that it would develop two new missile systems in the next two years i.e. (a) a… Continue reading Russia to develop new missile systems by 2021
The danger of cash transfers schemes to poor
The Interim Budget promises range of schemes such as income transfers to farmers and a pension scheme for workers aged over 60 years in the unorganized sector and 10% quota for the “economically weaker sections” in the general category raises the question over its impact. However, cash transfer to poor do not ensure accessibility, affordability… Continue reading The danger of cash transfers schemes to poor
Emission levels rising faster in Indian cities than in China
According to a recent study, urbanization has increased vehicular emissions in India Generally, in developed countries, vehicular emissions reduce with increased urbanization as more urbanization reduces distances between the workplace and home and thereby, a preference for public transport increases. However, in developing countries, vehicular emissions tend to increase with urbanization. For example: In China… Continue reading Emission levels rising faster in Indian cities than in China
