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Table of Contents
Formation of Telengana
Kashmir Floods
GST
Jayalalitha Asset Case
Saradha Scam
Recognition of Transgender
Swachh Bharat Abhiyan
Make in India
PMJDY
Mars Orbiter Mission
9. Kashmir Floods
In September 2014, the Kashmir region witnessed disastrous floods across majority of its districts caused
by torrential rainfall. The Indian administrated Jammu and Kashmir, as well as Azad Kashmir, GilgitBaltistan and Punjab in Pakistan, were affected by these floods. By September 24, 2014, nearly 277
people in India and 280 people in Pakistan had died due to the floods.
Home Secretary of India Anil Goswami said 82 aircraft and helicopters, 10 battalions of Border Security
Force, 329 columns of Indian Army and 300 boats were used in the rescue operations. According to
home secretary, 10 VSAT systems were air lifted to restore critical telecom towers and a satellite link
from Bardula had been provided for crucial communication.
Prime Minister of India, Narendra Modi offered an assistance of `745 crore (US$120 million) to the state
government, this was in addition to `1100 crore (US$170 million) already earmarked for the disaster.
8. GST
What is GST?
Goods and Services Tax -- GST -- is a comprehensive tax levy on manufacture, sale and consumption of
goods and services at a national level.
Through a tax credit mechanism, this tax is collected on value-added goods and services at each stage of
sale or purchase in the supply chain.
The system allows the set-off of GST paid on the procurement of goods and services against the GST
which is payable on the supply of goods or services. However, the end consumer bears this tax as he is
the last person in the supply chain.
Experts say that GST is likely to improve tax collections and boost India's economic development by
breaking tax barriers between States and integrating India through a uniform tax rate.
regulatory failures and alleged political nexus, transferred all investigations into the Saradha Scam and
other Ponzi schemes to the Central Bureau of Investigation (CBI), India's federal investigative agency.
Many prominent personalities were arrested for their involvement in the scam including two Members
of Parliament (MP) - Kunal Ghosh and Srinjoy Bose, former West Bengal Director General of Police Rajat
Majumdar, a top football club official Debabrata Sarkar, Sports and Transport minister in the West
Bengal Government Madan Mitra.
c) Construction of exclusive village sanitary complexes for women providing facilities for hand
pumping, bathing, sanitation and washing on a selective basis where there is not adequate land
or space within houses and where village panchayats are willing to maintain the facilities.
d) Setting up of sanitary marts.
e) Total sanitation of villages through the construction of drains, soakage pits, solid and liquid
waste disposal.
f) Intensive campaign for awareness generation and health education to create a felt need for
personal, household and environmental sanitation facilities
3. MAKE IN INDIA
Make in India is an international marketing strategy, conceptualized by the Prime Minister of India,
Narendra Modi on 25 September 2014 to attract investments from businesses around the world, and in
the process, strengthen India's manufacturing sector.
The campaign has been concentrated to fulfill the purpose of job creation, enforcement to secondary
and tertiary sector, boosting the national economy, converting India to a self-reliant country and to give
the Indian economy global recognition.
The 'Make in India' also attempts to enforce the inflow of FDI in the country and improve services by
partial privatization of loss-making government firms. The campaign is completely under control of the
Central Government of India.
The major objective behind this initiative is to focus upon the heavy industries and public enterprises
while generating employment, empowering secondary and tertiary sector and utilizing the human
resource present in India.
The most common example is our website exampundit.in which has an .in domain which is a made in
India.
Japan will contribute to Prime Minister Narendra Modi's 'Make in India' initiative to support India in
becoming a base of economic growth for the Indo-Pacific region and the world.
1. Account holders will be provided zero-balance bank account with RuPay debit card, in
addition to accidental insurance cover of `1 lakh(to be given by 'HDFC Ergo').
2. Those who open accounts by January 26, 2015 over and above the `1 lakh accident,
they will be given life insurance cover of `30,000(to be given by LIC).
3. After Six months of opening of the bank account, holders can avail `5,000 overdraft
from the bank.
4. With the introduction of new technology introduced by National Payments Corporation
of India (NPCI), a person can transfer funds, check balance through a normal phone
which was earlier limited only to smart phones so far.
5. Mobile banking for the poor would be available through National Unified USSD Platform
(NUUP) for which all banks and mobile companies have come together
The scheme has been criticized by many experts from the banking sector as an effort to please voters
that has created unnecessary work-burden on the public-sector banks.
The Guinness World Records has recognised the achievements made under the PMJDY and has given a
certificate stating that the most bank accounts opened in one week as part of the Financial Inclusion
Campaign is 18,096,130 and was achieved by the department of financial services, government of India
from Aug 23-Aug 29, 2014.
The MOM mission concept began with a feasibility study in 2010, after the launch of lunar satellite
Chandrayaan-1 in 2008. The government of India approved the project on 3 August 2012, after the
Indian Space Research Organisation completed `125 crore (US$20 million) of required studies for the
orbiter. The total project cost may be up to `454 crore (US$71 million). The satellite costs `153 crore
(US$24 million) and the rest of the budget has been attributed to ground stations and relay upgrades
that will be used for other ISRO projects.
The total cost of the mission was approximately `450 Crore (US$73 million), making it the leastexpensive Mars mission to date. The low cost of the mission was ascribed by K. Radhakrishnan, the
chairman of ISRO, to various factors, including a "modular approach", few ground tests and long (18-20
hour) working days for scientists.
Hollywood movie Gravity costed more that MOM and the Total Budget of Mom is equivalent to less
than a single bus ride for each of India's population of 1.2 billion.