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Budget part - 3
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Ashish Singh
IB ACIO II- 2017(Mains Qualified), Verified Exam cleared- SSC CPO (2014), SSC CGL Tier (2016 - Qualified for Mains), DSSSB (Mains)

U
Unacademy user
What's the meaning of point 3 in Q.no 5? Influenza & North South (didn't get it)
Mohan S R
3 years ago
Its logic based reasoning. In Northern Hemisphere (above equator) experiences Winter between Nov to March. In Southern hemisphere (below equator) winters are experienced in April to Sept when its Summer in Northern hemisphere. Influenza (common cold) obviously affects us in winter :)
Aarya Raj
3 years ago
Thanks.. :)
Ashish Singh
10 months ago
Thank you Akhil
  1. UDGET 2019 5


  2. Ashish Singh Edit Profile VVERIFIED IB AC 1011-2017(Mains Qualified), UPSC aspirant Exam cleared, SSC (2014), SSC CGL Tier (2016-Qualified for Mains), DSSSB (Mains) 17,873 Views in last 30 days 281,573 Lifetime Views 62 Courses 9.6k Folloers 28 Following NEWS Indian Polity f By Ashish Singh By Ashish Singh By Ashish Singh February 2019: The Hindu Daily Editorial and Prelims Based... (Hindi) February, 2019 The Hindu Daily Editorial and Prelims... (Hindi) Understanding Entire Polity Through MCQs 8 Lessons 11 Lessons 5 Lessons


  3. Union Budget 2019-20- Highlights: Context: Finance Minister Piyush Goyal presented the Interim Budget 2019-20 on February 1, 2019. It was the last Budget of the present Government before the 2019 Lok Sabha elections. An interim budget is usually passed by the Lok Sabha without discussion BUDGET 2019-20 Highlights &Analysis


  4. . Rastriya Kamdhenu Unorganised workers A new pension scheme- Pradhan Mantri Shram-yogi maandhaan for young workers in the unorganised sector Taxpayers While the tax been left untouched Section 87A of the IT Act has been amended to increase the rebate ceiling from 3.5 lakh to 25 lakh India Inc. * This aayog will undertake eei s hen e . PradhanWelin et omkouhse A new "direct income support scheme Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) for ononiaawnershandlindivoduals n With the focus on farmers and individuals, there were very few proposals aimed at corporate India rent for a second home has now been the development work for o Cow welfare . For making more homes available under affordable housing, the benefits under Section 80-IBA of the Income Tax Act are being extended for one more year - Real estate 6,000 per year will be 3,000 will be provided as assured monthly can Individuals with annual income of 5 lakh o less need not pay income tax hold unsold inventony for 2 years from the date of project completion without paying tax on notional rent having cultivable Land up to two hectares from the age of 60 on an affordable monthly amount during their working age 12.56 crore 000 projects approved till 31 March, 2020 Stamp duty to be levied on 1instrument relating to 1 transaction and will be collected at the stock exchange farmers likely to benefit taxpayers may be will be the monthly income limit for the . The benefit of rollover of capital gains under Section 75,000cr. allocated for the scheme for FY 2019-20 workers to join the 18.500 crore is the total tax benefit for taxpayers 54 of the Income laxRenewables to Act will be increased from investment in one residential house to two residential houses for a tax payer having capital gains up to 2 crore. These measures are expected to boost the realty 500 cr has been allocated become a major source of energy supply in the next decade 20,000 crore Those having gross income up to R6.50 takhs may not pay tax if they make investments in provident funds, specified savings, insurance, etc. for direct beftor the scheme transfer will be . 2% interest rebate on incremental loan of 1 crore for budgeted within amount will vary from 55 to 100 the Revised Estimates of FY 201819un the worker's age SME units


  5. Pradhan Mantri Shram-Yoai Maandhan Yojana Mega pension yojana for unorganised sector workers with monthly income of 15,000 or below Assured monthly pension of 3,000 from the age of 60 years Small monthly contribution during working age with matching govt. contribution To benefit 10 crore labourers and workers in unorganised sector


  6. Pradhan Mantri Shram-Yogi Maandhan Yojana- key facts: It is a scheme for the unorganised sector workers with monthly income upto Rs 15,000. A sum of Rs 500 crore has been allocated for the Scheme. .This scheme shall provide an assured monthly pension of Rs 3,000 from the age of 60 years on a monthly contribution of a small affordable amount during their working age. An unorganised sector worker joining pension yojana at the age of 29 years will have to contribute only Rs 100 per month till the age of 60 years. A worker joining the pension yojana at 18 years, will have to contribute as little as Rs 55 per month only. The Government will deposit equal matching share in the pension account of the worker every month. .


  7. Need and Significance of the scheme: It is expected that at least 10 crore labourers and workers in the unorganised sector will avail the benefit of the scheme within next five years making it one of the largest pension schemes of the world Half of India's GDP comes from the sweat and toil of 42 crore workers in the unorganised sector working as street vendors, rickshaw pullers, construction workers, rag pickers, agricultural workers, beedi workers, handloom, leather and in numerous other similar occupations. The Government must provide them comprehensive social security coverage for their old age.


  8. New panel for welfare of nomadic communities Context: The Centre will form a welfare panel for nomadic, semi-nomadic and de-notified communities. Announced in Budget. A Welfare Development Board will also be set up under the Ministry of Social Justice and Empowerment to design and implement programmes for these hard-to-reach communities Denotified, Nomadic and Semi-Nomadic Tribe A Search for New Ho National Commission for Denotified Nomadic and Semi-Nomadic T Ministry of Social Justice & E


  9. Key facts: The committee will be set up under NITI Aayog to complete the task of identifying de-notified, nomadic and semi-nomadic communities. The committee will follow up on the work of the Renke Commission and the Idate Commission .


  10. Renke Commission and the Idate Commission Proposed by Idate Commission: . Bhiku Ramji Idate Commission on DNT, SNT, and NT communities, in its report, had recommended to set up a permanent commission for the communities on the lines of similar commissions for Scheduled Castes, Scheduled Tribes, and Other Backward Classes. Composition: In its report submitted to the social justice ministry in January 2018, the Idate Commission said such a permanent commission should have a prominent community leader as its chairperson, and a senior Union government bureaucrat, an anthropologist, and a sociologist as members Other important recommendations of the panel include granting Constitutional protection to these communities under a separate third schedule after Scheduled Castes and Scheduled Tribes, making them eligible for reservation, and extending the protective cover of Prevention of Atrocities Act to them Need for special attention: . The DNT, NT, SNT communities have been identified as the most marginalised by several commissions set up since Independence. The community has for long not been enumerated in the Census data The Renke Commission report of 2008 had arrived at a rough estimate of their


  11. The Criminal Tribes Act (CTA) of 1871 . After the revolt of 1857, the British needed to take a number of preventive steps to keep India in their clutches. The Law and Order Commission recommended that certain communities in India were professionally criminal and their occupation as well as religion was to commit crimes. On such recommendations, the Criminal Tribes Act (CTA) of 1871 was enacted This extremely oppressive act notified certain communities as criminal tribes. Once a tribe became "notified" as criminal, here is what it meant for its members: Every member of the notified community was forced to register himself/herself at the local police station and had to give 'Hazri' (attendance) at a specified time of the day. Their movements were curtailed. They could not shift their residence at will and had to take proper permission before any travel or movement. Severe punishments were put in place for breaking these rules. The local police could easily round up any member of the community upon mere suspicion.


  12. ldate commission Recommendations: Denotified Nomadic and Semi-Nomadic Tribes are poorest of the poor, most marginalised and most downtrodden communities who are subject to social stigma, atrocity and exclusion. Therefore, the commission has recommended giving protection to Denotified Nomadic and Semi-Nomadic Tribes the communities under the Atrocities Act. The government should provide strong legal protections and constitutional safeguards, including the extension of the Protection of Atrocities Act to the NT/ DNT/ SNT communities by creating a separate Third schedule as Scheduled De-notified, Nomadic and Semi-Nomadic Tribes. . . Noting that all that the Centre has done so far are "symbolic reparations", the Idate Commission advocated for release of 2011 caste census, which is yet to be made public, at least on the DT/ NT/ SNT community, so that policies can be made specifically for these communities.