Hardeep Puri launched portal for subsidy scheme under PMAY

1.Constitution Day: 26 November

Constitution Day is being celebrated on 26 November across the country to mark the adopting of the Indian Constitution by the Constituent Assembly on this day in 1949.It came into force on 26th January, 1950, marking the beginning of a new era in the history of Indian Republic.

Constitution Day was first celebrated in 2015, when Narendra Modi Government decided to mark the day as a tribute to Dr B R Ambedkar who played an important role in its framing as the Chairman of the Drafting Committee.

The constituent assembly took two years, eleven months and eighteen days to accomplish the stupendous task of drafting the historic document.

2.Taxation Laws (Amendment) Bill, 2019 introduced in Lok Sabha

Finance Minister Nirmala Sitharaman introduced the Taxation Laws (Amendment) Bill, 2019 in the Lok Sabha.The Bill provides domestic companies with a new option to pay tax at the rate of 22 per cent, provided they do not claim certain deductions under the IT Act.

Currently, domestic companies with an annual turnover of up to 400 crore rupees pay income tax at the rate of 25 per cent.

For other domestic companies, the tax rate is 30 per cent.

The Bill also provides new domestic manufacturing companies with an option to pay income tax at the rate of 15 percent, provided they do not claim certain deductions.

3.Indian Railways sets up Institute of Financial Management in Hyderabad

The Indian Railway Institute of Financial Management (IRIFM) has been set up in Hyderabad, Telangana.The project was conceived and constructed by Rail Vikas Nigam Limited (RVNL) at a cost of Rs 85 crore.

This new entity is set up to impart professional training in management of railway finances.

4.Guru Ghasidas National Park to become Chhattisgarh’s 4th tiger reserve

Chhattisgarh government announced that the state is set to have Guru Ghasidas National Park in Kotiya district as its fourth ‘tiger reserve’.This decision was taken in 11th meeting of Chhattisgarh State Wildlife Board chaired by Chief Minister Bhupesh Baghel.

The National Tiger Conservation Authority (NTCA) had approved to declare Guru Ghasidas National Park as a tiger reserve in 2014.

At present there are three tiger reserves in state: Achanakmar Tiger Reserve in Bilaspur, Udanti-Sitanadi Tiger Reserve in Gariaband and Indravati Tiger Reserve in Bijapur district.

5.PM Modi launches Fit India School grading system in schools across India

Prime Minister Narendra Modi has launched the Fit India School grading system in schools across the country. The grading will be in 3 categories.Ranking system: Schools can declare themselves as fit by visiting the Fit India portal and the rankings will be assigned after survey. Fit India School rankings are divided into 3 categories-

Fit India Schools, which is the first level of ranking

Fit India School three star (3 star)

Fit India School five star (5 star)

6.National Child Labour Project

The National Child Labour Project (NCLP) Scheme is a Central Sector Scheme. Under this Scheme the District Project Societies (DPS) are set up at the district level under the Chairmanship of the Collector/District Magistrate for overseeing the implementation of the project.Under this Scheme, funds are provided directly to the District Project Societies who in turn engage and allocate the funds to NGOs/Voluntary Agencies/Civil Societies Organization etc. for running of Special Training Centers.

Under this Scheme, the children in the age group of 9-14 years are withdrawn from work and put into NCLP Special Training Centers, where they are provided with bridge education, vocational training, mid-day meal, stipend, health care etc.

7.India to host naval drill Milan 2020 in March

The Indian Navy will host military drill ‘Milan 2020’ in March which will witness the participation of several countries.MILAN stands for ‘Multilateral Naval Exercise’.

41 nations from South Asia, Southeast Asia, Africa and Europe that share defense cooperation with India have been invited for the drill.

“The government pursues cooperation initiatives with friendly foreign countries, including in Indian Ocean Region, through structured interactions like Staff Talks, Empowered Steering Group”.

8.Hardeep Puri launched portal for subsidy scheme under PMAY

Union minister Hardeep Singh Puri launched CLSS Awas Portal through which people seeking to avail housing subsidy under the Pradhan Mantri Awas Yojna (PMAY)-Urban will be able to track their applications.At the launch of the Credit Link Subsidy Scheme (CLSS) Awas Yojana, the Union Housing and Urban Affairs Minister said that grievances of beneficiaries will be addressed in a much comprehensive and organized manner.

9.Subhash Chandra resigned as Chairman of the Zee Entertainment Enterprises’ board

Subhash Chandra resigned as Chairman of the Zee Entertainment Enterprises’ board with immediate effect and will continue as non-executive director.Zee board appoints six independent directors; all the appointments will have to be approved by the shareholders.

Subhash Chandra resigns to comply with rule mandating that Chairman can’t be related to MD & CEO.

10.Sangram Dahiya, Varsha Varman win double trap national titles

Haryana’s Sangram Dahiya and Varsha Varman of Madhya Pradesh clinched gold at the 63rd National Shotgun Shooting Championship in New Delhi.In men’s category, Sangram shot 142 out of 150 targets to leave behind former world champion Ankur Mittal.

Varsha, in the women’s category of 120 targets each, had 97 to her name to clinch the gold ahead of state-mate Manisha Keer.

Both Sangram and Varsha also won the team gold for their respective States.