Current Affairs for SSC CGL Exams - 09 February 2019
Current Affairs for SSC CGL Exams - 09 February 2019
Finance ministry assures 100% energy access by April 2019,praises health
Finance Minister Piyush Goyal has said, by March-April this year, India
will take energy access to every single home in this country, about a decade
ahead of the deadline of the Strategic Development Goals 2030.
He said, Ayushman Bharat initiative will cater to about 40 per cent of
all the people of India. He was addressing India Showcase event of Global
Fund 6th Replenishment Meeting organised by Ministry of Health in New Delhi
He said, the Government is working to provide free health care to 500
million Indians. He said, it will define the efforts to achieve Sustainable
Development Goals by 2030 much faster than the slated time lines.
Mr Goyal said, with massive scale-up of Ayushman Bharat in last four
months, a million people have benefited from free health care initiative. He
said, Government is aiming at creating a healthy society, with an
environment of health assurance and support of necessary health
He said, India witnessed a 24 per cent decrease in 2017 compared to
2016. The Health Minister said, India has targeted to eliminate Tuberculosis
by 2025, five years ahead of Sustainable Development Goal target.
Centre to give Angel tax exemptions to start ups
The Department for Promotion of Industry and Internal Trade (DPIIT) and
the Central Board of Direct Taxes (CBDT) 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.
The government also decided to raise the maximum time limit below which
a firm would be deemed eligible for angel tax exemption to 10 years from the
earlier seven, a member of the committee set up to look into the issue said,
speaking on condition of anonymity.
This tax usually impacts startups and the angel investments they
attract. While aimed at curbing money-laundering, the angel tax has also
resulted in a large number of genuine startups receiving notices from the IT
Startups would have to furnish three types of documents in order to be
registered with the government: (i) audited financials for the previous
year, (ii) IT returns for the previous year, and (iii) a self-certified
The CBDT, however, said that it could not halt the proceedings in cases
where the startups had already been sent a notice by the Income Tax
GoM favours lowest GST for under construction building materials
A panel of State Ministers on Friday, February 8, 2019, favoured
lowering GST on under-construction residential properties to 5%, from
The Group of Ministers, under Gujarat Deputy Chief Minister Nitin Patel,
was set up last month to analyse tax rates and issues/challenges being faced
by the real estate sector under the Goods and Services Tax (GST) regime.
In its first meeting, the GoM also favoured slashing GST on affordable
housing from 8% to 3%. Officials said the report of the GoM would be
finalised within a week and would be placed before the GST Council in its
Currently, GST is levied at 12% with Input tax credit (ITC) on payments
made for under-construction property or ready-to-move-in flats where
completion certificate has not been issued at the time of sale.
The effective pre-GST tax incidence on such housing property was 15-18%.
GST, however, is not levied on buyers of real estate properties for which
completion certificate has been issued at the time of sale.
Government to help more banks to come out of PCA
After Reserve Bank of India (RBI) lifted restrictions under prompt
corrective action (PCA) on three public sector banks last week, Finance
Minister PiyushGoyal said the government will try to help lift the
restrictions on other public sector banks too.
There are eight more public sector banks (PSBs) that are under the PCA
framework after restrictions were lifted from Bank of India, Bank of
Maharashtra and Oriental Bank of Commerce.
While interacting with the business community at an event organised by
industry body CII, Mr.Goyal said, “we will try to lift restrictions on other
PCA banks soon,” when one industry body pointed out loan growth was impacted
since many banks were under PCA.
The government had infused capital in banks that was used to increase
provisions and lower the net NPA ratio enabling RBI to lift restrictions on
the three banks.
Breaching net NPA ratio of 6% is one of the conditions that trigger
India-Bangladesh Joint Consultative Committee Meeting held
The 5th India-Bangladesh Joint Consultative Committee Meeting was held
in New Delhi today.
External Affairs Minister SushmaSwaraj and Foreign Affairs Minister of
Bangladesh Dr Abdul Momen co-chaired the meeting.
In a tweet, External Affairs Ministry spokesperson Raveesh Kumar said
MrsSwaraj and Mr Momen took stock of progress in security, defence, trade
and connectivity, development partnership, water, power and energy sectors
and consular and cultural cooperation.
The Rohingya issue dominated meetings that the Bangladesh Foreign
Minister held here on Thursday with the Indian leadership.
“The Prime Minister said that India-Bangladesh relations have been on an
upward trajectory in the last few years. He reaffirmed India’s commitment to
work with Bangladesh to build on this momentum during the new term in office
of Prime Minister Sheikh Hasina,” a press statement from the MEA declared.
Thailand princess enters politics, to contest for PM post
In Thailand, a princess will run for the Prime Minister post in March 24
elections in an unprecedented entry by a royal into frontline politics. This
will pit her against the chief of the ruling junta and redrawing the
nation's political landscape.
Sixty-seven year old Princess Ubolratana, the older sister of Thai King
MahaVajiralongkorn, was announced as a candidate for the Thai Raksa Chart
party steered by the Shinawatra political clan
Thai Raksa Chart party leader PreechapolPongpanich told reporters that
the board agrees that the name of Princess Ubolratana, an educated and
skilled person, is the most suitable choice.
The Thai monarchy, a revered institution shielded from criticism by a
tough defamation law, has traditionally been seen as above the political
fray, although royals have intervened in moments of political crisis.
::SCIENCE & TECHNOLOGY::
New Research claims pills could replace injections
Here was the challenge for bioengineers: find a way for patients to take
drugs like insulin or monoclonal antibodies used to treat cancers and other
diseases without injections.
The medicines are made of molecules too big to be absorbed through the
stomach or intestines; in any event, the drugs would be quickly degraded by
the body’s harsh digestive system.
Now, a team of scientists may have found a solution that delivers these
drugs in a capsule a person can swallow.
The test device, called Soma, is shaped like the tortoise’s shell.
Inside is a miniature post made of insulin. After the tiny device positions
itself against the stomach wall, the post pops out and injects insulin. The
device then travels through the colon and eventually is eliminated by the
The engineers decided to imitate the tortoise’s shape with a tiny device
that would always land on the wall of the stomach.
Fire break at Brazilian football camp puts fans in despair
In n Brazil, 10 people were killed when a fire ripped through the
training ground of Flamengo football club, in Rio de Janeiro. Three people
were also injured in the fire.
Rio's Deputy Governor, Claudio Castro said, preliminary information
indicates there were young players and staff amongst the dead.