Daily Current Affairs Quiz PDF of 26th March 2018
Hello Aspirants !! Here are all important current affairs in short notes. With this website at hand, you will get a grip to the entire sphere of the knowledge. The sub sections provide a better introspective to the various genres with an added section for the current affairs to keep you updated to the most.
To Download Current Affairs In GUJARATI Click On link Given In Bottom
Ministry of Culture is organizing the Madhavpur Mela in Madhavpur Ghed, District Porbandar in Gujarat in a grand way.
About Madhavpur Mela:
- The purpose of this integration is to bring various parts of the country especially the North-East, close to each other under the banner of Ek Bharat Shrestha Bharat announced by the Prime Minister.
- The Madhavpur Mela of Gujarat shares its connect to the Mishmi Tribe of Arunachal Pradesh. The Mishmi Tribe traces its ancestry to the legendary King Bhishmak and through him to his daughter Rukmini and Lord Krishna.
About Ek Bharat Shreshtha Bharat:
What is it?
“Ek Bharat Shreshtha Bharat” was announced by Hon’ble Prime Minister on 31st October, 2015 on the occasion of the 140th birth anniversary of Sardar Vallabhbhai Patel. Subsequently, the Finance Minister announced the initiative in his Budget Speech for 2016-17.
What is it for?
Through this innovative measure, the knowledge of the culture, traditions and practices of different States & UTs will lead to an enhanced understanding and bonding between the States, thereby strengthening the unity and integrity of India.
Implementation:
All States and UTs will be covered under the programme. There will be pairing of States/UTs at national level and these pairings will be in effect for one year, or till the next round of pairings. The State/UT level pairings would be utilized for state level activities. District level pairings would be independent of the State level pairings.
Significance:
The activity will be very useful to link various States and Districts in annual programmes that will connect people through exchanges in areas of culture, tourism, language, education trade etc. and citizens will be able to experience the cultural diversity of a much larger number of States/UTs while realising that India is one.
The defence ministry has come out with a draft policy on defence production. The aim is to make India one of the top five manufacturers of defence platforms with active participation of public and private sectors. At present, India is one of the world’s largest importer of military platforms and weapons.
Highlights of the policy:
- It envisages achieving a turnover of Rs 1,70,000 crore in military goods and services by 2025 by promoting the domestic defence industry.
- The policy lists as a major aim achieving export of Rs 35,000 crore in military equipment and services by 2025 by promoting the domestic defence industry.
- According to the policy, the government aims to make India self-reliant in defence production as well as fulfil demand of other friendly countries.
- The policy says the licensing process for defence industries will be liberalised and the list of items requiring licences will be reviewed and pruned.
- The policy says the tax regime will be rationalised to make domestic manufacturing attractive by ensuring that there is no tax inversion. Taxes on import of capital goods and services, inputs and components used in defence production will be rationalised.
- The government identified 12 military platforms and weapons systems for production in India to achieve the aim of “self-reliance”. They are fighter aircraft, medium lift and utility helicopters, warships, land combat vehicles, missile systems, gun systems, small arms, ammunition and explosives, surveillance systems, electronic warfare (EW) systems and night fighting enablers, among others.
Government’s New Vehicle Scrappage policy was recently cleared by the Prime Minister’s Office and is awaiting the approval of the GST Council.
Highlights of the policy:
- The policy targets to take polluting vehicles out of the roads and help the automobile industry register higher sales.
- The policy mentions about vehicles older than 20 years becoming eligible for benefits under the scrappage scheme.
- The scheme would now come in effect from April 1, 2020, coinciding with the implementation of the BS-VI norms.
Concerns:
- The new vehicle scrappage policy of the Centre is unlikely to have any significant impact on the automobile industry in terms of increased demand, according to rating agencies.
- Also, analysts say the benefit offered under the scrappage policy would be 15% of the vehicle’s price. But this advantage would be muted as prices of diesel vehicles were expected to rise 10-15% once the new norms (BS-VI) come into force.
- The total population of commercial vehicles that will be older than 20 years in fiscal 2021 would be 50,000 vehicles, much lower than the government’s earlier estimate of 2.8 crore vehicles. In any case, 70,000 to 90,000 vehicles are scrapped every year. So, it is believed that the impact of the scrappage policy will be limited.
- Also, the proportion of commercial vehicles above 20 years would be one lakh to two lakh units. Besides, most of these older vehicles are used in rural areas and smaller towns by small fleet operators who operate used vehicles and have limited financial resources to purchase new vehicles. Thus, the proposed scrappage policy is unlikely to be materially positive for commercial vehicle demand.
Tag :
Current Affairs
0 Comments "Daily Current Affairs Quiz PDF of 26th March 2018"