Banking services chronicle

Banking services chronicle

Banking services chronicle published this article page no 4 it also implements source sustainability measures as mandatory elements such as recharge and reuse through greywater management water conservation rainwater harvesting. the jal jeevan mission is based on a community approach to water creating a jan andolan for water thereby making it everyones priority. water security  with population growth over the years and increasing demand for water today india is facing many challenges in the water sector. water scarcity is already visible with the current population size of 1.3 billion which is projected to be increased to 1.6 billion by 2050.  along with this with rising pollution levels and climate change the water cycle is expected to undergo significant change all across the world.  india consists of 16 percent of the worlds population but with only 4 percent of the worlds water resources.  according to niti ayog report by 2030 the countrys water demand is projected to be twice the available supply implying severe water scarcity for hundreds of millions of people which will lead to a 6% loss in indias gdp.  it is believed that water will also be a major source of geopolitical conflict in this century. it is therefore critical to manage this natural resource well Banking services chronicle buy. 

Banking services chronicle

Master In Current Affairs Magazine

Master In Current Affairs Magazine

Master In Current Affairs Magazine Published this article page no 28 it is a unique threeday festival of odisha celebrating the onset of monsoon and beginning of earths womanhood.as a mark of respect towards the earth during her menstruation days all agricultural works like ploughing sowing are suspended for three days prizes and awards prizes and awards name description padma awards presented by the presidentthese awards were instituted in the year 1954 and announced every year on the occasion of republic day except for brief interruption(s) during the years 1978 and 1979 and 1993 to 1997.the award is given in three categories namely o padma vibhushan for exceptional and distinguished service o padma bhushan for distinguished service of a high order and o padma shri for distinguished service.the award seeks to recognize achievements in all fields of activities or disciplines where an element of public service is involved. Master In Current Affairs Magazine buy.

Master In Current Affairs Magazine

world focus magazine

world focus magazine

world focus magazine Published this article page no  126 He was killed after losing the war of succession against his brother Aurangzeb. o Battle of Samugarh was decisive struggle in a contest for the throne between the sons (Aurangzeb and Murād Bakhsh on the one side and Dara Shikoh) of the Mughal emperor Shah Jahān after the emperors serious illness in 1657.  He was liberal in outlook and tried to find commonalities between Hindu and Islamic traditions. Contributions to Art and Culture  He translated the Bhagavad Gita as well as Upanishadsfrom their original Sanskrit into Persian in 1657 so that they could be studied by Muslim scholars. o His translation is often called SirreAkbar (The Greatest Mystery) where he states that the work referred to in the Quran is none other than the Upanishads. o MajmaulBahrain a short treatise written in Persian was also devoted to a revelation of the mystical and pluralistic affinities between Sufic and Vedantic speculation.  Dara Shikoh Album is a collection of paintings and calligraphy assembled during 1630s by Dara Shikoh and presented to his wife Nadira Banu Begum in 164142.  He is credited with the commissioning of several exquisite examples of Mughal architecture such as the tomb of his wife Nadira Begum (Lahore) the Shrine of Mian Mir (Lahore) the Dara Shikoh Library (Delhi) the Akhun Mullah Shah Mosque (Srinagar) and the Pari Mahal garden palace (Srinagar)  Some historians argue that Dara Shikoh was the total antithesis of Aurangzeb in that he was deeply syncretic warmhearted and generous  but at the same time he was also an indifferent administrator and ineffectual in the field of battle.  Italian traveller Niccolao Manucci has written down the details of Dara Shikohs death in his book Travels of Manucci world focus magazine buy.

world focus magazine

E magazine competition success review

E magazine competition success review

E magazine competition success review Published this article page no  71 NATIONAL STRATEGY FOR FINANCIAL INCLUSION Why in news? Recently Reserve Bank of India released National Strategy for Financial Inclusion (NSFI) for the period 20192024. Financial inclusion in Indian context  Financial inclusion has been defined as the process of ensuring access to financial services timely and adequate credit for vulnerable groups such as weaker sections and lowincome groups at an affordable cost. National Strategy for Financial Inclusion 20192024  It sets forth the vision and key objectives of the financial inclusion policies in India to help expand and sustain the financial inclusion process at the national level through a broad convergence of action involving all the stakeholders in the financial sector. 28  The strategy aims to provide access to formal financial services in an affordable manner broadening & deepening financial inclusion and promoting financial literacy & consumer protection. Strategic Pillars of National Strategy for Financial Inclusion Pillars Objective Recommendations Universal Access to Financial Services E magazine competition success review  buy.  

E magazine competition success review

Shine india monthly magazine

Shine india monthly magazine

Shine india monthly magazine Published this articl page no  70 An overarching legal fiscal framework is required which will provide for budgeting accounting and audit standards to be followed at all levels of government. Tax capacity  Focus should be on broadening the tax base streamlining tax rates and increasing capacity and expertise of tax administration in all tiers of the government. GST Implementatio n  Commission highlighted some challenges with the implementation of the Goods and Services Tax (GST). These include large shortfall in collections as compared to original forecast high volatility in collections accumulation of large integrated GST credit glitches in invoice and input tax matching and delay in refunds.  Commission observed that the continuing dependence of states on compensation from the central government (21 states out of 29 states in 201819) for making up for the shortfall in revenue is a concern.  It suggested that the structural implications of GST for low consumption states need to be considered. Financing of securityrelated expenditure  The ToR of the Commission required it to examine whether a separate funding mechanism for defense and internal security should be set up.  In this regard the Commission intends to constitute an expert group comprising representatives of the Ministries of Defense Home Affairs and Finance which will study proposed measures submitted by the Ministry of Defense in this regard Shine india monthly magazine buy.

Shine india monthly magazine

competition success review

competition success review

competition success review Published this article page no 98  OTHER POLICY MEASURES Public Sector Enterprise Policy for a New Selfreliant India  Need for a new coherent policy was felt where all sectors are open to the private sector while public sector enterprises (PSEs) will play an important role only in limited and defined areas.  Accordingly government will announce a new policy whereby o List of strategic sectors requiring presence of PSEs in public interest will be notified. o In strategic sectors at least one PSE will remain in the public sector but private sector will also be allowed. o In other sectors PSEs will be privatized based on considerations like appropriate timing feasibility etc. o To minimize wasteful administrative costs number of enterprises in strategic sectors will ordinarily be only one to four. Additional enterprises will be privatizedmergedbrought under other holding companies. Policy Reforms to fast track Investment  Fast track Investment Clearance will be provided to projects through Empowered Group of Secretaries (EGoS). o Prime Minister has created 11 empowered groups as quick response teams to tackle coronavirus outbreak.  Creation of Project Development Cell in each Ministry to prepare investible projects coordinate with investors and also with CentralState Governments.  Ranking of States on Investment Attractiveness thus creating healthy competition for new investments.  Incentive schemes for Promotion of New Champion Sectors will be launched in sectors such as Solar PV manufacturing advanced cell battery storage etc. Upgradation of Industrial Infrastructure  competition success review buy.

competition success review

competition success review

competition success review

competition success review Published this article page no  97 Other Direct Tax Measures o All pending refunds to charitable trusts and noncorporate businesses professions including proprietorship partnership LLP and Cooperatives shall be issued immediately. o Due date of all incometax return for FY 201920 were also extended. o Period of Vivad se Vishwas Scheme for making payment without additional amount over and above the stipulated tax will be extended to 31st December 2020. Requirements of Conditional transfer  One nation one ration card Aadhaar seeding of all ration cards and installation of Pointofsale machine in all fair price shops.  Ease of Doing Business (EoDB) Districtlevel assessment of EoDB as per DPIIT norms automatic renewal of State industrial and commercial licenses to businesses and making inspections randomized with prior notice and full transparency.  Power Sector Reduce Aggregate Technical & Commercial (ATC) losses Reduce Average Cost of Supply (ACS)Average Revenue Realized (ARR) gap and provide power subsidy to farmers through DBT.  Urban local bodies Notification of property tax floor rates in consonance with circle property rates and notification of water and sewerage charges. TDS vs. TCS  TDS refers to deduction of tax by the payer. E.g. Employer cutting a certain amount as TDS before making salary payment and then paying it to the Income Tax (IT) department. TDS deductions are made on payments including salary rent brokerage professional fees commission interest etc. and are applicable on payments above a specified limit.  On the other hand TCS refers to the tax collected by payee or receiver. E.g. A jeweller selling jewellery would collect TCS and pay it to the IT department. It is applicable on sale of certain goods (barring those used for manufacturing or production) competition success review buy.

competition success review

competition success review

competition success review

competition success review Published this article page no  96 Increase in borrowing limits The borrowing limits of state governments will be increased to 5% of Gross State Domestic Product (GSDP) from 3% (prescribed in Fiscal Responsibility and Budget Management (FRBM) Act) for the year 202021. o This is estimated to give states extra resources of Rs 4.28 lakh crore. o There will be unconditional increase of up to 3.5% of GSDP followed by 0.25% increase linked to reforms on  universalisation of One Nation One Ration card Ease of Doing Business power distribution and Urban Local Body revenues. o Further there will be an increase of 0.5% if three out of four reforms are achieved. Taxation measures announced to ease the liquidity situation  Tax Deducted at Source (TDS) Tax Collected at Source (TCS) rate reduction o This measure aims to increase liquidity (estimated at Rs. 50000 crore) by indirectly increasing the inhand income. o Implementation methodology  The rates of TDS (for nonsalaried specified payments made to residents) and rates of TCS (for the specified receipts) shall be reduced by 25% of the existing rates.  This reduction shall be applicable for the remaining part of the FY 202021 i.e. upto 31st March 2021 competition success review buy. 

competition success review

junior science refresher

junior science refresher

junior science refresher Published this article page no  121 There will be four layers of monitoring, two at the central level and two at the state level. o A National Committee on Dam Safety (NCDS) will be constituted to help evolve uniform dam safety policies, protocols, and procedures. o A National Dam Safety Authority (NDSA) as a regulatory body for ensuring the nationwide implementation of dam safety policies and standardsAny decision taken by NDSA shall be binding upon all the parties. o At the State level, the Bill prescribes for the constitution of State Committees on Dam Safety (SCDS) and the establishment of the State Dam Safety Organizations (SDSO)SDSO will undertake surveillance, inspections and monitoring of operation and maintenance of all specified damsEvery SDSO is required to report the event of any dam failure under their jurisdiction to the NDSA. Obligation of Dam Owners Dam owners will be responsible for the safe construction, operation, maintenance and supervision of a dam. They must provide a dam safety unit in each dam. Functions of Dam owners include preparing an emergency action plan, carrying out risk assessment studies and preparing a comprehensive dam safety evaluation. Offences and penalties Anyone obstructing a person in the discharge of his functions under the Bill or refusing to comply with directions may be imprisoned for a year. In case of loss of life, the person may be imprisoned for two years. Others It also addresses in a comprehensive manner, critical concerns related to dam safety on account of emerging climate change related challenges. This Bill provides for regular inspection and hazard classification of dams. 61Need for the Act Safety concern: An unsafe dam constitutes a hazard to human life, flora and fauna, ecology and public and private assets. Further, it is very important for safeguarding the huge investment in critical physical infrastructure. o In the absence of a proper dam safety institutional framework, shortcomings of varying degrees may get ingrained in the investigation, design, construction, operation and maintenance of dams junior science refresher buy.

junior science refresher