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Daily News Analysis The Hindu June 20, 2017 By Jatin Verma Educator Unacademy unacademy For Editorial Analysis & English video,Visit my Unacademy Profile- https://unacademy.com/user/studiousjatin
Page 1: Wide powers for anti-proiteering body Can punish firms not passing on beneits to consumers: The National Anti-Profiteering Authority, to be set up under the Goods and Services Tax (GST) regime, will have wide-ranging powers. It will be able to issue notices to anybody for a"fair enquiry." as per the rules finalised by the GST Council. The Authority will have the powers to order a reduction in prices, impose a penalty,and even cancel the registration of a company deemed to have not passed on a tax rate reduction to consumers. The rules, which are yet to be made public, state that the Authority is to be chaired by either a retired High Court judge or a member of the Indian Legal Service who has at least three years of experience at the level of Additional Secretary or higher. . The rules mandate a three-step procedure, from the detection of anti-profiteering to the decision of the Authorit)y. . They provide for the creation of a Standing Committee, which would receive complaints from anyone about profiteering practices.
Page 7: CIC says BCCI should come under the RTI Act ->Central Information Commission (CIC) has urged the Committee ofAdministrators (CoA) running the Board of Control for Cricket in India (BCCI) to bring the organisation under the RTI Act. In a previous order, the CIC had elaborately explained the need for making BCCI a public authority The latest order states that the Sports Minister had told the Lok Sabha in 2012 that BCCI was a National Sports Federation for cricket, which received thousands of crores towards tax concessions. Thus it has to come under the RTI in order to remain accountable to the public. The CIC in its order has asked the PMO, the Ministry of Law and Justice, and the Sports Ministry as to why RTI was not being implemented by the organisation.
Background: The RTI Act 2005 provides for establishment of Central and State information commissioner as a designated authority to receive and inquire into a complaint from any person. The Supreme Court has, in various judgements, held that the right to information is a part of the fundamental right to freedom of speech and expression under Article 19 (I) of the Constitution. The Commission includes I Chief Information Commissioner (CIC) and not more than 10 Information Commissioners (IC) who are appointed by the President of India. Oath of Office is administered by the President of India according to the form set out in the First Schedule. Article 12: Definition of State Supreme Court has held that BCCl is not financially, functionally or administratively dominated by govt. Nor it is under the control of govt. and therefore it is not "State". Conflict arises because if an organisation is substantially financed then organisation will fall within the scope of Section 2(h)(d)(ii) of the RTI Act (definition of public authority,).
Page 10:Gujarat businesses riled by Gstnoted from any kndof ales tax and VAT Page 10: Gujarat businesses riled by GST Cloth merchants say that they have been exempted from any kind of sales tax and VAT since 1957.The 5% GST imposed on yarn and fabric will hurt those in the business of selling cloth. The process of GST is lengthy and it will start an 'inspector raj. The diamond-cutting and polishing industry, which employs around a million people in Surat, has also held protests, and has demanded exemption from the proposed 3% GST on polished diamonds So the GST will have an adverse impact on sectors such as ceramics because businesses that right now pay 12.5 % excise and 5% VAT must, under the new law, pay 28% tax on ceramic tiles and other products. For Daily News & Editorial Analysis,you can follow me on Unacademy https://unacademy.com/user/studiousjatin For Daily News & Editorial Analysis, you can follow me on Unacademy https:llunacademy.com/user/studiousjatin
Page 10: Make in India in Defence effect: Lockheed, Tata to make F-16 in India. The IAF is about to initiate the process for selection of a single-engine fighter aircraft to replace the Russian MiGs under the Strategic Partnership model of the Defence Procurement Procedure. The announcement came from the Paris Air Show, where among those present was Ratan Tata. This agreement builds on the already established joint venture between Lock-heed Martin and Tata and underscores the relation- ship and commitment between the two companies The Strategic Partnership model has four segments_ 1] submarines, 2] single-engine fighter aircraft, 3] helicopters and armoured carriers/main battle tanks and specifically intends to open up defence manufacturing to the private sector. . The deal for 100-plus fighter aircraft is estimated to be worth over 160,000 crore.
The contenders for the deal are F-l6 of Lockheed Martin and Gripen of SAAB. The likely Indian private sector players in the race are TASL and Mahindra group, both of which have a footprint in the aerospace sector. which have a footprint n the aerospace sector. , Lockheed Martin F-16 US. SAAB-> Gripen Sweden pene submarines to join Navy without AlP modules For Daily News & Editorial Analysis, you can follow me on Unacademy https://unacademy.com/user/studiousjatin
. The AIP module is not part of the original Scorpene contract but the Navy has been keen on having them fitted on the last two of the six Scorpene submarines being manufactured by Mazgaon Docks Limited (MDL) in Mumbai. . The AlP module is being developed by Defence Research and Development Organisation (DRDO) and was supposed to be installed before the submarines roll out. DRDO) and was supposed to be installed before the submarines roll osut 'Darjeeling-Gorkha Janmukti Issue: 201 l: GTA was formed 59 Department were handed over to GTA; 2015-20162 Controversial steps-Language & Development Boards for Lepcha and Tamang Community. Tamang have a dance called " Tamang Selo " that is performed with the Damphoo instrument, also known as Damphoo Dance, having a brisk movement and rhythmic beat peculiar to Tamangs.
An annual festival of Tendong Lho Rum Faat of the ethnic Lepcha tribe of Sikkim was celebrated with traditional devotion and fanfare across the state. Tendong Lho Rum Faat festival: 1. It is celebrated annually in the month of August in Sikkim. 2. It is three day festival and on the first day, the people worship the Mount Tendong which is located in South Sikkim. Importance of Festival: According to the folklore, Mt. Tendong had saved the Lepcha people during the great deluge which had flooded the entire Mayel Lyang country (now known as Sikkim). Mains Question: Should separate states be carved out on the basis of ethnicity?
Page ll: BRICS backs India's fight against terrorism [Foreign Ministers' meet] India urged the BRICS to step up the fight against global terrorism, amid consensus within the group to back economic globalisation and speak with one voice to counter climate change.And terrorists cannot be differentiated by calling them good or bad . UN convention: BRICS (Brazil, Russia, India, China and South Africa) supported India's call for early adoption of a comprehensive UN convention against international terrorisrm A joint statement released at the end of the conference condemned "terrorism in all its forms and manifestations. Foreign ministers from BRICS nations called for the use of "preventative diplomacy" to tackle the situation on the Korean Peninsula Russia expects BRICS foreign ministers meetings to be held regularly. . Separately, India objects to BRICS supporting China's BRI