MADRAS
HC ORDERS TN GOVERNMENT TO ENACT LAW TO REMOVE SEEMAI KARUVELAM TREES:
·
The Madurai bench of the Madras High
Court has ordered Tamil Nadu government to enact a law with prohibitory and
penal clauses to eradicate Seemai Karuvelam (prosopis juliflora) trees within
two months.
·
Seemai Karuvelam is invasive species of
tree harmful to the environment.
·
It sucks lot of water ultimately affect
the environment and agricultural activities.
·
Seemai Karuvelam tree species are native
to West Africa.
·
It was brought to Tamil Nadu in 1960s as
fuelwood.
·
It disrupts the local ecosystem of its
habitation by soaking in all the ground water near it.
·
It is an invasive species that has
infiltrated the water bodies and dry lands of Tamil Nadu.
INDIA’S
RADHANAGAR BEACH IN ANDAMAN ISLANDS FEATURES IN TOP 10, RANKS 8 IN THE WORLD:
·
Radhanagar on the Havelock Island in the
Andamans has featured among the top 10 in TripAdvisor’s ‘World’s Travellers’
Choice Award-Winning Beaches’.
·
The Radhanagar beach has secured No 8
position in the world and first spot in Asia.
NATIONAL
SCIENCE DAY: FEBRUARY 28:
·
National Science Day is celebrated every
year on 28th February to mark the discovery of the Raman effect by Sir
Chandrashekhara Venkata Raman.
·
Theme was “Science and Technology for
Especially Abled Persons”.
ADVANCE
PRICING AGREEMENTS (APAS) SCHEME:
·
The Union Government had introduced the
APA Scheme in the Income-tax Act in 2012 and the “Rollback” provisions were introduced to it in 2014.
·
The scheme endeavours to provide
certainty to taxpayers in domain of transfer pricing issues by specifying the
methods of pricing and setting the prices of international transactions in
advance.
·
The progress of APA Scheme appreciated
nationally and internationally strengthens Government’s resolve of fostering a
non-adversarial tax regime in a fair and transparent manner.
TRANSFER
PRICING:
·
It is referred to the fixing of the price
for goods and services sold in transactions between related legal subsidiaries
(entities of a big company) based in different countries within an enterprise.
·
It affects cash flow, investment
decisions and performance indicators from a multinational company point of
view.
·
It affects the amounts paid as corporate
tax to the Government.
GOVERNMENT
SIGNS FINANCING AGREEMENT WITH WORLD BANK FOR TEJASWINI PROJECT:
·
The Union Government has signed a
Financing Agreement with World Bank for IDA credit of $63 million for the
Tejaswini Socio-Economic Empowerment of Adolescent Girls and Young Women (AGYW)
Project.
·
It is World Bank’s first project in
India solely focused on the welfare of adolescent girls and young women (AGYW)
aged between 14 and 24 to complete their secondary level education and provide
relevant skills for job market.
ABOUT TEJASWINI
PROJECT
·
It seeks to empower adolescent girls
with basic life skills to acquire market driven skill training or completion of
secondary education, depending on the inclination of the beneficiary. Its three
main components are
·
Expanding
social, educational and economic opportunities:
Support AGYW to achieve greater social, educational, and economic empowerment
at community level and institutional level.
·
Intensive
service delivery: It will evaluate more intensive
community-level service delivery models focused on increasing AGYW’s access to
educational interventions, training and employment opportunities.
·
State
capacity-building and implementation support: It aims to
support strengthening of institutional capacity and outreach of concerned
government agencies to enable effective and efficient delivery of services for
AGYW in the state.
·
Life
skills education includes four core elements: (i) Resilience
and soft skills (ii) Rights and protections (iii) Health and nutrition. (iv)
Financial literacy.
·
The project is being delivered in 17
Districts of Jharkhand. About 680,000 adolescent girls and young women in these
districts are expected to benefit from the program.
RBI ESTABLISHES COMMITTEE TO REVIEW
CYBER THREATS
·
The Reserve Bank of India has set up an
11 member Inter-disciplinary Standing Committee on Cyber Security.
·
The committee will be headed by RBI
Executive Director Meena Hemchandra.
·
The committee will be responsible to
review the threats emerging from the use of technology, study adoption of new
technology standards and suggest appropriate policy.
RANGASWAMY
BECOMES THE FIRST WOMAN TO GET LIFE TIME ACHIEVEMENT AWARD FROM BCCI:
·
As a part of Respecting Indian Woman,
Board of Control for Cricket (BCCI) honored Indian Skipper Shanta Rangaswamy
with the most precious award i.e., Life Time Achievement award.
·
The BCCI introduced this special
category of awards for the BCCI Annual Awards2016-17.
MEITY TO PROMOTE DIGITAL TRANSACTIONS
IN PLACE OF NITI
The Ministry of IT and Electronics has taken the
responsibility of NITI Aayog to promote the digital transactions in India.
FOR MORE DETAILS :Click here
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