Current Affairs for IAS Exams - 3 July 2015

Current Affairs for IAS Exams – 3 July 2015

::National ::

Fin Min release Census 2011 data

Finance minister Arun Jaitley on Friday released the socio-economic and caste census (SECC) 2011 and said that it would be an important input for policy makers.
Here are some key points from the census report:
1. This is the first caste census done in Independent India.
2. The last caste census in India happened in 1932.
3. Just 4.6% of all rural households in the country pay income tax.
4. The total households in the country - rural plus urban - stand at 24.39 crore.
5. Public sector-employed households made up 1.11% of the total.
6. Over 11% rural households possessed refrigerators.
7. 20.69% rural households had either an automobile or a fishing boat.
8. 94% of the rural households owned a house with 54% cent having 1-2 room dwellings.
9. Of all the rural salaried households, 5% earned salaries from the government while those employed in the private sector constituted 3.57% of the total households.
10. Landless ownership was 56% of the total rural population, with 70% of SCs and 50% of STs being landless owners.

After a long wait MNP from today

Mobile services provider, including Airtel and Vodafone, on Thursday announced roll out of nation-wide mobile number portability (NMNP) on Friday that will allow users to keep their existing cell phone numbers while shifting between States.
Presently, users can change their operator while retaining the same number only in the same State or telecom circle. NMNP will enable people shifting location, across circles, to retain their number either with the same operator or by shifting to a different operator.
The government had fixed July 3 as the deadline for a national rollout of NMNP.
Bharti Airtel said customer requests to port within its network will be processed in 24 hours and while the request is being processed, they can avail free incoming on roaming.

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::Business ::

India cross $2-trillion mark

India’s GDP crossed the $2-trillion mark in 2014, according to data released by the World Bank in Washington late on Wednesday. After taking 60 years to reach the $1-trillion mark, India added the next trillion in just seven years.
The World Bank data also show that India’s gross national income per person rose to $1,610 (around Rs. 1 lakh) a year during 2014 from $1,560 the previous year.
India’s growth rate, at 7.4 per cent in 2014, makes it the fastest growing major economy along with China’s, which is a whopping $10.4 trillion in size.
The Indian economy, at $2.06 trillion, has almost doubled in size since the financial crisis hit the country in 2008, and has more than quadrupled from the start of this millennium.
Despite its increase in per capita gross national income (GNI), India has remained in the ‘lower middle income’ category ($1,046-$4,125).
China, however, with a per capita GNI of $7,380 and an average annual growth of 15.6 per cent, will leave the ‘upper middle income’ category by 2018 to become a ‘high income’ country like the U.S., the U.K., Germany and Japan.
It will take India till 2039 to reach that level, at the assumed growth rate.
The World Bank’s data on gross national income per capita — the total value added by all producers within the country, plus income received from citizens working abroad, divided by the population of the country — show Bangladesh, Kenya, Myanmar, Tajikistan, Mongolia, Paraguay, Argentina, Hungary, the Seychelles and Venezuela have shifted their income categories for the better.
For example, Bangladesh, Kenya, Myanmar, and Tajikistan are now ‘middle income’ countries from being ‘low income’ nations.