Shiva Thapa wins Silver medal at Asian/Oceania Qualifying event in China
Ace Indian boxer Shiva Thapa (56kg) has clinched silver medal at the Asian/Oceania Qualifying Tournament held in Qian’an, China after he was defeated by Thailand’s Chatchai Butdee in the final match with a score of (0-3). Butdee is the reigning Asian champion.
Shiva had booked his ticket to Rio de Janeiro Olympics Games after beating Kazakhstan’s Kairat Yeraliyev in the semifinals. Shiva Thapa participated in the 2012 London Olympics and was the youngest Indian boxer to qualify for the Olympics. Shiva is a World Championship bronze-medallist in the Bantamweight category held in Doha in 2015.>Login To Save for Revision
- Central government imposes safeguard duty on import of steel products
The central government has extended the safeguard duty on import of some steel products till March 2018. The main intention of this move is to protect domestic industry from onslaught of cheap steel supplies (imports) from China amid a global glut.
Notification in this regard was issued Central Board of Excise and Customs (CBEC) which mentions that safeguard duty will be reduced to 10% in stages till 2008 from current 20%.
Safeguard duty would be imposed only on hot-rolled flat products of non-alloy and other alloy Steel in coils of a width of 600 mm or more and not on steel products which are imported at or above the minimum import price (MIP), which helps to set a floor price mainly to discourage imports below this price.
What is Safeguard Duty?
Safeguard Duty is a temporary tariff barrier imposed by government to ensure that excessive import of a particular product do not cause serious injury to domestic producers and give domestic producers a period of grace to become more competitive.>Login To Save for Revision
- Haryana makes educational criteria must for urban local bodies
The Haryana Assembly on 31 March 2016 passed two Bills making it mandatory for those contesting the polls for urban local bodies to have a minimum educational qualification.
These bills are (i) The Haryana Municipal (Amendment) Bill, 2016 (ii) Haryana Municipal Corporation (Amendment) Bill, 2016.
Features of the Haryana Municipal (Amendment) Bill, 2016
1. The minimum educational qualification of the general category candidates contesting the elections for urban local bodies would be Class X.
2. In case of women candidates or those belonging to the Scheduled Caste category, the minimum qualification would be Class VIII, while for women of the Scheduled Caste category, it would be Class V.
3. The candidate should not have been convicted or have charges framed against him/her by a court in a criminal case for an offence punishable with imprisonment for not less than 10 years .
4. The candidates should file a self declaration that they have the provision of a functional toilet at the residence. There should be no pending arrears of electricity bills against the candidate.
Comment : These amendment bills are in lines of Haryana Panchayati Raj (Amendment) Act, 2015 that prescribed similar qualifications for contesting candidates in Panchayati Raj elections.>Login To Save for Revision
- China launches 22nd BeiDou navigation satellite
China launched the 22nd BeiDou satellite named BeiDou-22 into space as part of its domestic BeiDou Navigation System (BDS). It was launched on 29th March by a Long March-3A rocket from the Xichang Satellite Launch Center. It was the 225th launch of the Long March carrier rocket.
BeiDou Navigation System (BDS)
The second generation of the system, officially called the BeiDou Navigation Satellite System (BDS) and also known as COMPASS or BeiDou-2, will be a global satellite navigation system consisting of 35 satellites which include 5 geostationary orbit satellites for backward compatibility with BeiDou-1, and 30 non-geostationary satellites that will offer complete coverage of the globe.
It consists of two separate satellite constellations :
(i) A limited test system that has been operating since 2000
(ii) A full-scale global navigation system that is currently under construction.
The BeiDou Navigation System (BDS) became operational in China in December 2011, with 10 satellites in use, and began offering services to customers in the Asia-Pacific region in December 2012. It will begin serving global customers upon its completion in 2020 and stand parallel to the US Global Positioning System, Russia’s Glonass, and Europe’s Galileo.
Applications of BeiDou Navigation System (BDS)
Services for civilian : The navigational system will support civilians in navigation, messaging, transportation and weather forecasting sectors.
Military applications: The navigational system would be used for crucial military projects such as lauching missile, locating enemy and other>Login To Save for Revision
- Aadhaar enrolments set to cross 100 crore mark
As per the website of Unique Identification Authority of India (UIDAI), which is implementing the Aadhaar project, total 99.91 crore people have been enrolled under Aadhaar project and Aadhaar enrolments are set to cross the 100 crore mark in a few days from now.
Central government wants to complete the AADHAR enrolment process at the earliest to start providing the benefits to all targeted people. The government intends to use Aadhaar as a tool to authenticate the identity of people to weed out ghost beneficiaries and plug leakages in spending on various schemes.
The Parliament has already passed the Aadhaar Bill, providing statutory backing to the scheme. Under the Direct Benefit Transfer (DBT) scheme, benefits like scholarships, pension and cooking gas subsidy are directly transferred to beneficiaries' bank accounts.>Login To Save for Revision
- NSC and KVP will now be issued in electronic mode
National Savings Certificate (NSC) and Kisan Vikas Patra (KVP) will now be issued in electronic mode as government has decided to discontinue the system of pre-printed paper certificates.
As per the orders of Finance Ministry the existing system of physical pre-printed certificates for KVP and NSC has been discontinued from 1st of April this year and will be replaced by certificate on electronic mode.
However, till the Core Banking System transits to that e-mode, banks and post offices may choose to issue a physical certificate recorded on a passbook.
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- Central government imposes safeguard duty on import of steel products