Home Minister Amit Shah today reiterated that statehood of
Jammu and Kashmir will be restored after the improvement in the security
He said, Jammu and Kashmir will not remain a Union Territory
forever. Mr Shah was interacting with the probationers of the 2018 batch of the
Indian Police Service in New Delhi. The Home Minister asserted that some bold
decisions are necessary to be made for people’s benefit, without getting bogged
down by the fear of a backlash.
He said, not a single bullet had been fired and not a single
person had died after the abrogation of Article 370 in Jammu and Kashmir. Mr
Shah said, this notion that only Article 370 protected the Kashmiri culture and
identity was wrong.
He asserted that all regional identities are inherently
protected by the Indian constitution. He said, the misuse of the Article 370 is
the root cause of cross-border terrorism.
Referring to the National Register of Citizens (NRC), which is
being d in Assam, the Home Minister said, the NRC was essential not just for the
national security but for good governance as well.
He said, the NRC must not be seen as a political exercise but a
Constitutional one, as it is very important to have a National Register of
Citizens in order to ensure that benefits of development reach all our citizens.
Minister for Environment, Forest and Climate Change
PrakashJavadekar has said 46 teams of the central pollution control board (CPCB)
will take stock of pollution levels in Delhi-NCR from today and appropriate
action will be taken thereafter wherever needed. He was addressing a press
conference over central government initiatives to combat air pollution in
New Delhi today.
He said that under the visionary leadership of Prime
ministerNarendraModi, the government recognised the problem and launched an air
quality index, which led to greater public awareness and actions to control air
pollution. He further explained ambient air quality monitoring network in Delhi
and NCR has been strengthened.
The Minister said the focused actions had a positive impact on
air quality. Out of 273 days till last month the number of good satisfactory and
moderate days were 165 against 104 in 2016.
The minister said, a special scheme was launched to address air
pollution due to stubble burning and under this scheme around 1100 crore rupees
have been provided to state governments for providing subsidy on machinery
required for in-situ management of crop residue.
Mr Javdekar said that to combat with vehicle pollution nearly 60
thousand crore rupees was spent on switching over to BS-VI fuels. He said that
the country will shift to Bharat Stage Six (BS-VI) vehicular emission norms from
BS-IV by April 2020. He said the department of heavy industries is providing
subsidy on e-vehicles.
The Income Tax Department is ushering in a paradigm shift in
its working by introducing faceless e-assessment to impart greater
efficiency, transparency and accountability in the assessment process. There
would be no physical interface between the tax payers and the tax officers.
The setting up of National e-Assessment Centre (NeAC) of the
Income Tax Department is a momentous step towards the larger objectives of
better taxpayer service, reduction of taxpayer grievances in line with Prime
Minister’s vision of ‘Digital India’ and promotion of ease of doing business.
Union Minister for Finance & Corporate Affairs Smt.
NirmalaSitharaman will inaugurate National e-Assessment Centre ( NeAC) in New
Delhi tomorrow in the presence of ShriAnurag Singh Thakur, Minister of State for
Finance & Corporate Affairs . Dr. Ajay BhushanPandey, Revenue Secretary,
ShriPramod Chandra Mody, Chairman, CBDT will also be present .
Officers of the Income Tax Department and other dignitaries
shall also be linked through Multimedia Video Conferencing at Mumbai, Chennai,
Kolkata, Delhi, Ahmedabad, Hyderabad, Pune and Bengaluru.
Under the new system, tax payers have received notices on their
registered emails as well as on registered accounts on the web portal
www.incometaxindiaefiling.gov.in with real time alert by way of SMS on their
registered mobile number, specifying the issues for which their cases have been
selected for scrutiny.
The replies to the notices can be prepared at ease by the tax
payers at their own residence or office and be sent by email to the National
e-Assessment Centre by uploading the same on the designated web portal.
This is another initiative by CBDT in the field of ease of
compliance for our tax payers.
Microfinance lenders including private banks such as Axis
Bank, IndusInd Bank and RBL Bank have raised their cumulative microloan cap
per borrower by 33 percent prompted by strong demand in rural India and rise
in self-employment amid poor industrial demand.
The new cap proposed by Microfinance Institutions Network (MFIN)
is set at Rs 80000, up from Rs 60000 under the joint liability group model to
cover inflation of recent years. This will also help borrowers grow their
businesses such as selling of vegetable or running beauty parlours, the bankers
say. The previous limit was in force since 2013.
Private banks such as IndusInd, IDFC and RBL are increasing
their exposure to the bottom of the pyramid customers while industrial credit
demand is yet to show momentum.
The microfinance industry’s total loan portfolio grew 27% in
FY18 to Rs 1.37 lakh crore while industrial credit rose just about 1%. The
lenders are expecting growth to further rise to about 50%
Although banks are not members of MFIN, which is an industry
association of NBFC-MFIs, they have in principle agreed to follow the
microfinance business code to keep borrowers’ delinquency in check, three people
in the know said.
Small finance banks also follow the Mutually Agreed Code of
Conduct (MACC) which is designed for all lenders in the microfinance industry.
Out of 10 small finance banks, six including AU Small Finance Bank, ESAF and
Ujjivan are associates.
The MACC code is stricter than Reserve Bank of India’s direction
which says that a micro borrower can take loans up to Rs 1 lakh from maximum two
In a bid to resolve the crisis of air pollution, the
Governnment today launched green firecrackers.Union Minister for Science &
Technology, Earth Sciences and Health and Family Welfare, Dr. Harsh Vardhan
today announced in a Press Conference in New Delhi,that Council of
Scientific and Industrial Research (CSIR) labs have been successful in
developing various environment-friendly fireworks such as sound emitting
crackers, flowerpots, pencils, chakkar and sparklers.
He further informed that due to the ban that had been imposed as
per the orders of Hon’ble Supreme Court of India, there was a threat of imminent
closure of the entire fireworks industry. However, Science has once again come
to the rescue of the common man and millions of jobs have been saved due to the
interventions made by our scientists.
During the press conference, Dr Harsh Vardhan launched the green
crackers manufactured by licensee-manufacturers. He also informed that a green
logo as well as a Quick Response (QR) coding system has been developed for
differentiation of green crackers from conventional crackers.
QR codes is a novel feature incorporated on the fire crackers to
avoid manufacture and sale of counterfeit products. This will also help the
consumers to track the cracker using smart phones and other devices. Dr Harsh
Vardhan also indicated that the cost of the green crackers is almost same as
that of regular crackers.