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15th FC report
The Fifteenth Finance Commission (FC), in its report for fiscal year 2020-21, has recommended a marginal reduction in the vertical devolution of the divisible tax pool to 41 per cent from the prevailing 42 per cent.
Read More: https://www.ksgindia.com/study-material/news-for-aspirants/22759-15th-fc-report.html
#FCreport #15thFCreport #FC #NirmalaSitharaman


Immunity scheme for tax disputes
The government has introduced an immunity scheme — Vivaad se Vishwas — for five months (till June 30) for citizens to settle disputes on income tax, offering relief from a “vexatious litigation process”, said Finance Minister Nirmala Sitharaman.
Read More: https://www.ksgindia.com/study-material/news-for-aspirants/22758-immunity-scheme-for-tax-disputes.html
#taxdisputes #incometax #NirmalaSitharaman #SVLDRS #Immunityscheme


“Notorious” Antarctic glacier’s foundation
Using a robotic submarine, researchers have taken the first-ever images of the Antarctic Thwaites glacier’s foundations, a step towards better monitoring of the ice sheet which is notorious for its contributions to sea-level rise.
Read More: https://www.ksgindia.com/study-material/news-for-aspirants/22757-notorious-antarctic-glacier-s-foundation.html
#Notorious #Antarcticglaciers #icesheet #roboticsubmarine


Paralympic Committee of India
Decorated para-athlete and India's lone woman Paralympic medallist Deepa Malik has been elected as president of the Paralympic Committee of India though the results of the elections are subject to a pending case in the Delhi High Court.
Read More: https://www.ksgindia.com/study-material/news-for-aspirants/22756-paralympic-committee-of-india.html
#ParalympicCommittee #DeepaMalik #RioParalympicGames #PadmaShri
SC upholds amendments SC/ST Act
The Supreme Court on 10 February 2020 upheld the Scheduled Castes and the Scheduled Tribes (Prevention of Atrocities) Amendment Act of 2018, which nullified its own controversial March 20, 2018 judgment diluting the stringent provisions of the Dalit protection law.
Read More: https://www.ksgindia.com/study-material/news-for-aspirants/22827-sc-upholds-amendments-sc-st-act.html
#SC #amendments #SRavindraBhat #ArunMishra #PILs

No plans to give permanent status to FC
The government has no plans to give permanent status to the finance commission (FC), Union Minister Anurag Singh Thakur said on 10 February 2020. Currently, the government appoints finance commission for a fixed term.
Read More: https://www.ksgindia.com/study-material/news-for-aspirants/22826-no-plans-to-give-permanent-status-to-fc.html
#FC #RBI #Article280 #NKSingh #FinanceCommission

Solar Orbiter blasts off
Europe and NASA's Solar Orbiter rocketed into space on 10 February 2020 night on an unprecedented mission to capture the first pictures of the sun's elusive poles.
Read More: https://www.ksgindia.com/study-material/news-for-aspirants/22825-solar-orbiter-blasts-off.html
#Solar #Orbiter #NASA #spacecraft #sun #Europe

First time ever Jerusalem-Mumbai Festival
The first ‘Jerusalem-Mumbai Festival’ will be held in the capital of Maharashtra this week to showcase the special links between the two cities and to promote ties between India and Israel.
Read More: https://www.ksgindia.com/study-material/news-for-aspirants/22824-first-time-ever-jerusalem-mumbai-festival.html
#Jerusalem #MumbaiFestival #AmninderSandhu #Israel

Votes to ban homophobic discrimination
Switzerland voted on 9 February 2020 to ban discrimination based on sexual orientation. The country’s referendum-based direct democracy takes many divisive issues to the populace if enough people demand it.
Read More: https://www.ksgindia.com/study-material/news-for-aspirants/22823-votes-to-ban-homophobic-discrimination.html
#homophobic #discrimination #Votestoban #Switzerland
FC constitute a panel
The Fifteenth Finance Commission (FC) has constituted a panel to examine whether a separate mechanism be set up for the funding of defence and internal security.
Read More: https://www.ksgindia.com/study-material/news-for-aspirants/22862-fc-constitute-a-panel.html
#FC #NKSingh #GDP #FRBM #GST #XVFC

SC rejects new schedule for AGR payments
In a major setback for the telecom companies, the Supreme Court on 14 February 2020 rejected the plea seeking new schedule of AGR payments. Coming down heavily on the Department of Telecommunications (DoT) for not taking coercive action against telcos for failing to repay, the apex court ordered contempt proceedings against Bharti Airtel and Vodafone Idea.
Read More: https://www.ksgindia.com/study-material/news-for-aspirants/22861-sc-rejects-new-schedule-for-agr-payments.html
#SC #AGR #DoT #apexcourt #SUC #COAI #SupremeCourt

India, Portugal ink seven pacts
India and Portugal on 14 February 2020 signed seven agreements to boost cooperation in a range of areas after Prime Minister Narendra Modi and Portuguese President Marcelo Rebelo de Sousa held extensive talks.
Read More: https://www.ksgindia.com/study-material/news-for-aspirants/22860-india-portugal-ink-seven-pacts.html
#India #Portugal #Modi #RashtrapatiBhavan #AbuSalem

RK Pachauri died
RK Pachauri, 79, founder director of New Delhi-based think tank The Energy and Resources Institute (Teri) and former chairman of the UN's Intergovernmental Panel on Climate Change (IPCC), passed away on 13 February 2020.
Read More: https://www.ksgindia.com/study-material/news-for-aspirants/22859-rk-pachauri-died.html
#RK #Pachauri #IPCC #Teri #IndianRailways #NPP

Space snowman reveals secrets
NASA’s space snowman is revealing fresh secrets from its home far beyond Pluto. More than a year after its close encounter with the snowman-shaped object, the New Horizons spacecraft is still sending back data from more than 4 billion miles (6.4 billion kilometers) away.
Read More: https://www.ksgindia.com/study-material/news-for-aspirants/22858-space-snowman-reveals-secrets.html
#Space #NASA #snowman #spacecraft #NewHorizons
FC sets up group on farm exports
The Fifteenth Finance Commission (FC) has set up an eight-member group under ITC chairman Sanjiv Puri to suggest performance incentives for states to encourage farm exports and promote crops that would “enable high import substitution”.
Read More: https://www.ksgindia.com/study-material/news-for-aspirants/22890-fc-sets-up-group-on-farm-exports.html
#FC #ITC #APEDA #FY19 #RadhaSingh #Article280

India gets Champion of Migratory Species award
India was accorded Champion Plus status by the Convention on Conservation of Migratory Species Wild Animals (CMS), a United Nations body, for its commitment to the small grants programme (SGS) for conservation of migratory species and for keeping its energy projects compliant with the guidelines of Energy Task Force, at the 13th conference of parties (COP13) which began in Gandhinagar on 17 February 2020.
Read More: https://www.ksgindia.com/study-material/news-for-aspirants/22889-india-gets-champion-of-migratory-species-award.html
#India #MigratorySpecies #SGS #COP13 #GIFT #COP

India becomes 5th largest economy
ndia emerged as the world's fifth largest economy by overtaking the UK and France in 2019, says a report. A US-based think tank World Population Review in its report said that India is developing into an open-market economy from its previous autarkic policies.
Read More: https://www.ksgindia.com/study-material/news-for-aspirants/22888-india-becomes-5th-largest-economy.html
#India #PPP #WPR #GDP #Japan #France

First ever a solar-powered Aircraft flies successfully
Persistent High Altitude Solar Aircraft (PHASA-35) has the potential to stay to remain airborne for nearly a year and has been designed to work unmanned within the stratosphere, above the weather and conventional air traffic.
Read More: https://www.ksgindia.com/study-material/news-for-aspirants/22887-first-ever-a-solar-powered-aircraft-flies-successfully.html
#solar #Aircraft #PHASA35 #HALE #DSTL #satellite

Tendulkar wins Laureus Sporting Moment Award
Formula One driver Lewis Hamilton and footballer Lionel Messi were declared joint winners of the prestigious Laureus World Sportsman of the Year Award at a glittering ceremony on 17 February 2020.
Read More: https://www.ksgindia.com/study-material/news-for-aspirants/22886-tendulkar-wins-laureus-sporting-moment-award.html
#Tendulkar #LSMA #ICCWorldCup #wins #FLM