Kerala Affairs
WithCovid-19affecting the overallrevenuein the last financial year, the state government significantly reduced the share offundstoKerala Infrastructure Investment Fund Board(KIIFB) for 2021-22, as against the funds sought by it.
As per top government sources, while KIIFB sought Rs 2,400 crore for 2021-22 for fulfilling its project commitments, the has cleared only Rs 1,560 crore till now. It is reliably learnt that the government has not yet taken a call on the remaining Rs 840 crore. The state governments income from motor vehicle tax and petroleum cess in the last financial year was hit due to the pandemic. The obligatory share to KIIFB had to be reduced correspondingly. KIIFB asked for Rs 2,400 crore to meet its expenses but the government has not taken a final call. There are chances that the balance amount may be sanctioned as a loan from the government, sources said.
The KIIFB received Rs 1,921.11 crore, as its share from petroleum cess received by the state till March 31, 2020. As per KIIFBs annual report of 2019-20, the government provided Rs 3,651.74 crore from motor vehicle taxes and Rs 2,634.52 crore as grants. As per KIIFB (Amendment) Act, 2016, government set apart 10% of motor vehicle tax in 2016-17 for KIIFB, increasing it by 10% every year until it reaches 50% in the fifth year. The cess levied on petrol and diesel is also given to KIIFB, before Dec 31 every year and paid on an escrow basis from state treasury to KIIFB accounts automatically. The government channelled Rs 8,207.07 crore to KIIFB under these three heads till March 31, 2020, as per the audit report.
In addition to Rs 2,150 crore raised through masala Bonds at an interest rate of 9.723%, KIIFB availed long-term loans from NABARD (Rs 565 crore at 9.30%), State Bank Of India (Rs 1,000 crore at 9.15%), Indian Bank (Rs 500 crore at 9.15%) and Union Bank Of India (Rs 500 crore at 8.95%).
National and International Affairs
SVEEP Workshop by ECI
The of India (ECI) geared up the Systematic Voters Education and Electoral Participation (SVEEP) Consultation Workshop.
The SVEEP program is the flagship application of The Election Commission of India for voter education & awareness.
The new voters would ship a personalised letter from the Commission when sending out their Voter ID Cards.
The package deal would include a Voter Guide for new voters, a congratulatory letter and a pledge for moral voting.
E-Shram Portal by Labour Minister
The Ministry of Labour & EMPLOYMENT has launched e-Shram Portal to hyperlink Unorganised Workers with social security schemes being carried out by the Central & State Governments.
Highlights:
Minister for Labour and Employment, Bhupender Yadav has launched the portal where 38 crore Unorganised Workers can register themselves and in turn benefit from various social security schemes.
Every unorganised employee who registers on the eSHRAM Portal will get Rs two Lakh Accidental Insurance cover. (Rs two Lakh on dying or permanent incapacity and Rs 1.0 lakh on partial disability).
Upon registration on the eSHRAM Portal, the employee will get an eSHRAM card with a special 12 digit Universal Account Number (UAN) and will be able to get admission to the benefits of a variety of social security schemes via this Card somewhere anytime.
eSHRAM Portal will help in the introduction of a National Database of Unorganized Workers (NDUW).
Liberalisation of Drones Rules
The central authorities have notified the Drone Rules 2021, a much more liberalised regime for unmanned plane systems than what existed previously.
Highlights:
Digital sky platform – Developed as a business-friendly single-window on-line system.
No flight permission required upto four hundred toes in inexperienced zones and upto 200 toes in the place between 8 and 12 km from the airport perimeter.
No pilot licence required for micro drones (for non-commercial use), nano drones and for R&D organisations.
No limit on drone operations by using foreign-owned agencies registered in India.
Import of drones and drone factors to be regulated by way of DGFT.
No protection clearance required before any registration or licence issuance.
No requirement of certificates of airworthiness, special identification number, prior permission and remote pilot licence for R&D entities.
National Small Industry Day – 30th August
The National Small Day is observed on 30 August each year in India, to support & promote small Industries for their overall Growth possible and opportunities obtained for their development in the year.
Highlights:
The industry day is a medium to furnish balanced increase to present small, medium and large scale agencies and render assistance for putting up new industries to increase the states monetary Health.
Small scale groups and Cottage industries have worked an imperative part in the Indian economy.
The first-rate fine features have been produced in the base and cottage manufacturers of India. Although this area, like other Indian corporations, experienced a big drop in British rule, it has grown at a very quick pace after independence.
National Sports Day – 29th August
Every year, twenty ninth August is observed as National Sports Day in India. The first National Sports Day used to be celebrated on August 29, 2012, on the birth anniversary of Major Dhyan Chand. Dhayn Chand was the celebrity of the hockey group of India. The sports day is used as a platform to launch a range of sports activities schemes as well as organise a variety of wearing occasions and seminars to unfold recognition about the importance of physical activities & sports in life.
National Sports Day is called with the identity Rashtriya Khel Divas in some components of India. The Postal Department of India paid tribute to Major Dhyan Chand in 1979 after his demise and renamed the Delhi National Stadium as Major Dhyan Chand Stadium, Delhi. It was announced in 2012, that a day had to be celebrated as National Sports Day with the intent of spreading attention about the spirit of sportsmanship and propagating the message of more than a few sports.
Joint Training Exercise of India and Kazakhstan
The 5th version of the Indo- Kazakhstan Joint Training Exercise, KAZIND-21 will be held from 30th August to 11th September 2021, at Training Node, Aisha Bibi, Kazakhstan.
The joint coaching exercise will raise the bilateral members of the family between India and Kazakhstan Armies. The Exercise is additionally a platform for the Armed Forces of India & Kazakhstan to educate for Counter Insurgency or Counter-Terrorism operations in the mountainous, rural eventualities below UN mandate.