DNA Technology Regulation Bill, 2019 (Science & Technology)
India does need a Fiscal Council (Editorial) (Economy)
Palestine, now a footnote (Editorial) (International Relations)
The challenge of catching elusive taxpayers (Editorial) (Economy)
Back and forth (FATF) (International Relations)
Reversing health sector neglect with a reform agenda (Editorial)
About Bonda people (Social Issues)
QOD
[{"explanation": "<p>The Bonda (also known as the Bondo, Bondo Poraja, Bhonda, or Remo) are a Munda ethnic group approximately 12,000 (2011 census) who live in the isolated hill regions of the Malkangiri district of southwestern Odisha, India, near the junction of the three states of Odisha, Chhattisgarh, and Andhra Pradesh.</p>", "question": "<p>Consider the following statements regarding Bonda People</p>\n<ol>\n<li>Bonda people are Munda ethnic groups</li>\n<li>There population is estimated to be around one lakh.</li>\n</ol>\n<p>Which of the above statements is/are correct:</p>", "options": [{"option_id": "5f45212e7737d44c875b61c8", "is_correct_answer": true, "title": "<p>1 only</p>"}, {"option_id": "5f45212e7737d44c875b61c9", "is_correct_answer": false, "title": "<p>2 only</p>"}, {"option_id": "5f45212e7737d44c875b61ca", "is_correct_answer": false, "title": "Both 1 and 2"}, {"option_id": "5f45212e7737d44c875b61cb", "is_correct_answer": false, "title": "None of the Above"}], "question_id": "5f45212e7737d44c875b61c7"}, {"explanation": "<p>The Financial Action Task Force (FATF) is an intergovernmental organization that designs and promotes policies and standards to combat financial crime. Recommendations created by the Financial Action Task Force (FATF) target money laundering, terrorist financing, and other threats to the global financial system.</p>", "question": "<p>Consider the following statements regarding FATF</p>\n<ol>\n<li>FATF is an inter-governmental organization</li>\n<li>It promotes policies and standards to combat crimes</li>\n</ol>\n<p>Which if the above statements is/are correct?</p>", "options": [{"option_id": "5f4521587737d44c8a37479a", "is_correct_answer": true, "title": "<p>1 only</p>"}, {"option_id": "5f4521587737d44c8a37479b", "is_correct_answer": false, "title": "<p>2 only</p>"}, {"option_id": "5f4521587737d44c8a37479c", "is_correct_answer": false, "title": "Both 1 and 2"}, {"option_id": "5f4521587737d44c8a37479d", "is_correct_answer": false, "title": "None of the Above"}], "question_id": "5f4521587737d44c8a374799"}, {"explanation": "<p>There is no fiscal council in India</p>\n<p>Central government has always been able to meet the targets set by FRBM Act.</p>", "question": "<p>Consider the following statements</p>\n<ol>\n<li>India's Fiscal council is a constitutional body.</li>\n<li>Central government has been able to meet the targets set by FRBM Act. </li>\n</ol>\n<p>Which of the above statements is/are correct? </p>", "options": [{"option_id": "5f4521917737d44c81c50a47", "is_correct_answer": false, "title": "<p>1 only</p>"}, {"option_id": "5f4521917737d44c81c50a48", "is_correct_answer": false, "title": "<p>2 only</p>"}, {"option_id": "5f4521917737d44c81c50a49", "is_correct_answer": false, "title": "<p>Both 1 and 2</p>"}, {"option_id": "5f4521917737d44c81c50a4a", "is_correct_answer": true, "title": "<p>None of the Above </p>"}], "question_id": "5f4521917737d44c81c50a46"}, {"explanation": "<p>Service tax, personal income tax and corporation tax have been reduced in the recent past to boost aggregate demand, so as to protect the economy from global recession.</p>\n<p>Excise duty rates have been reduced in the recent past to boost aggregate demand, so as to protect the economy from global recession hence tax revenue as a percent of GDP of India has steadily not increase in the last decade . Hence statement 1 is not correct.</p>\n<p>Fiscal deficit as a percent of GDP of India has not steadily increased in the last decade. Hence statement 2 is not correct.</p>", "question": "<p>Consider the following statements :</p>\n<ol>\n<li>Tax revenue as a percent of GDP of India has steadily increased in the last decade.</li>\n<li>Fiscal deficit as a percent of GDP of India has steadily increased in the last decade.</li>\n</ol>\n<p>Which of the statements given above is/ are correct ?</p>", "options": [{"option_id": "5f4521ee7737d44c8439672d", "is_correct_answer": false, "title": "<p>1 only</p>"}, {"option_id": "5f4521ee7737d44c8439672e", "is_correct_answer": false, "title": "<p>2 only</p>"}, {"option_id": "5f4521ee7737d44c8439672f", "is_correct_answer": false, "title": "Both 1 and 2"}, {"option_id": "5f4521ee7737d44c84396730", "is_correct_answer": true, "title": "Neither 1 nor 2"}], "question_id": "5f4521ee7737d44c8439672c"}]
DNA bill can be misused, flags draft report + Parliamentary panel calls DNA bill premature
Currently, the use of DNA technology for identification of individuals is not regulated. In the past, several expert groups including the Law Commission, have looked at the use and regulation of DNA technology. The Commission submitted its report as well as a draft Bill in July 2017.2 In this context, the DNA Technology (Use and Application) Regulation Bill, 2018 was introduced in Lok Sabha on August 9, 2018. The Bill regulates the use of DNA technology for the purpose of identification of persons in criminal and civil matters.
Highlights of the Bill
Issues raised in the draft bill
India does need a Fiscal Council
One standout feature in much of the discussion around the Union budget this year—both before and after the budget—has been the concern with the credibility of the budget numbers.
The fiscal situation in India has been under severe stress even before COVID-19 and the novel coronavirus pandemic has only worsened it.
Need for transparency
Recommendations of 13th Finance Commission
Recommendations FRBM Review Committee
Recommendations 14th Finance Commission
The mandate
Diverse role, more acceptance
The important tasks of these IFIs include
The final word
Palestine, now a footnote
Israel – UAE Agreement
Iran factor in bringing the Israel and UAE closer
Palestinian issue has become a non-issue in the region
The challenge of catching elusive taxpayers
Expenditures related to the pandemic are ballooning. There are committed expenditures which cannot be curtailed. But India’s tax collection is set to decline sharply this year because of the decline in national income and fall in employment due to COVID-19. Thus, the fiscal deficit in the budget is set to rise.
So, there is no option but to try and collect more taxes. In this context, the Prime Minister unveiled income tax reforms to make the system faceless, painless and seamless.
The current status of payment of tax in India
Recent government effort to increase the tax-to-GDP ratio
The government has decided to computerise the process of taxation
Appeal by the author to the rich
Back and forth
Pakistan was earlier placed on the grey list by the FATF in June last year for failing to curb anti-terror financing. It has been scrambling in recent months to avoid being added to a list of countries deemed non-compliant with anti-money laundering and terrorist financing regulations.
About Financial Action Task Force (FATF)
Objectives of FATA
FATF ‘40+9’
Mutual Evaluations
FATF Listings
Virus breaches another wall, four Bondas test positive
The COVID-19 pandemic has reached the Bondas, a tribal community residing in the hill ranges of Malkangiri district in Odisha. Four members of the community have tested positive for COVID-19. They have been isolated from the rest of the community members.
Bondas, a particularly vulnerable tribal group (PVTG), live in settlements comprising small hutments in the hills of the Khairaput block. Their population is around 7,000.
Dharmendra Kumar 6 months ago
Vishal Gohil 6 months ago
Khushboo 6 months ago
- Medium term fiscal policy statement
- Fiscal Policy strategy statement
- Macroeconomic framework statement
Besides , the concept of effective revenue deficit was also introduced by an amendmentSrinanda Das 6 months ago