02-03-07-22 Daily-Kerala-KPSC Current Affairs

The state has demanded the Centre that the states share of the revenue from the GST, which is 50% at present, should be increased to 60% since the share of expenditure of the states is very high when compared to the Centre, financeminister K N Balagopal.

As per the 15th report, 62.7% of the total revenue of the country goes to the Centre, at a time when the 62.4% of the total expenses are borne by the states. Because of this, we have said that the GST sharing should be on a 60:40 ratio and not 50:50 ratio, between the states and the Centre.

The Centre used the provision in the Constitution to impose additional cess on the petroleum tax. In 2011-12, only 10% of the total revenue of the Centre was through cess, which has now increased to more than 20%. As much as Rs 5.3 lakh crore was raised by the Centre through the cess in 2021-22 alone. This Money also should be shared with the states.

Seven states, includingAndhra Pradesh, Gujarat,Haryana,Karnataka, Punjab, Naduand Telangana, have emerged as top achievers among states and union territories in theBusiness Reforms Action Plan(BRAP) assessment, covering 15 areas and 301 reform action points.
Based on their performance, states and UTs have also been categorised as achievers, aspirers and emerging business Ecosystems, unlike the past, when they were ranked.

They are now being pushed to decriminalise provisions in their laws so that minor offences do not result in harsh penalties. The move comes as a similar exercise is under way at the Centre with several laws, such as the Companies Act, already seeing changes. We have requested states to look very closely at decriminalisation…Make it a civil penalty or compoundable for minor violations, saidAnurag Jain, secretary in the department for promotion of Industry and internal trade, which undertakes the exercise.

Indias largest floating solar power plant was made fully operational by NTPC at Ramagundam, .

The capacity of solar plant is 100 MW.

It is powered with advanced technology and Environment friendly features.

The project spreads over 500 acres of its reservoir.

The project is divided into 49 blocks. Each block has capacity of 2.5MW and each block comprise of one floating platform and a matrix of 11,200 solar modules.

The solar modules are kept on floaters which are manufactured with HDPE (High Density Polyethylene) material.

It was maiden flight of the Autonomous Flying Wing Technology Demonstrator.

The aircraft operated in a fully autonomous mode and also performed a perfect flight, including its take-off, way point as well as a smooth touchdown.

It has been termed a significant step towards our self-reliance in strategic DEFENCE technologies and critical military system.

The Autonomous Flying Wing Technology Demonstrator has been designed and developed by Aeronautical Development Establishment (ADE) of DRDO.

UCAV is an unmanned aerial vehicle (UAV), which is used for intelligence, target acquisition, surveillance, and reconnaissance.

Prime MinisterNarendra Modiparticipated in the Udyami Bharat programme and launched key initiatives like Raising and Accelerating MSME Performance(RAMP) scheme,Capacity Building of First-Time MSME Exporters(CBFTE) scheme and new features of the Prime Ministers EMPLOYMENT Generation Programme (PMEGP) to ramp up the MSME sector.

Modi also digitally transferred assistance to beneficiaries of PMEGP for 2022-23; announced results of the MSME Idea Hackathon, 2022; distributed National MSME Awards, 2022; and issued Digital Certificates to 75 MSMEs in the Self Reliant India (SRI) Fund.

RAMP scheme with an outlay of around Rs 6000 crore, aims to scale up the implementation capacity and coverage of MSMEs in the states, with impact enhancement of existing MSME schemes.

According to the report, Indias urban Population is expected to reach 675,456,000 in 2035, up from 483,099,000 in 2020, 542,743,000 in 2025, and 607,342,000 in 2030. 43.2 percent of Indias population will be living in urban areas by the middle of the year in 2035.

WUD aims to raise awareness about the existence of UFOs and encouraging people to think about the possibility of us not being alone in the Universe. The World UFO Day provides an opportunity to these explorers and enthusiasts to discuss, decode, and deduce multiple theories related to UFOs.