Daily Update On Current Affairs – June 30, 2017

Current affairs

Voting to be held on August 5 for next vice presidential elections 

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The Vice Presidential election will be held on the 5th of August and counting will take place on the same day. Announcing the schedule in New Delhi today, Chief Election Commissioner Nasim Zaidi said, the poll will be notified on 4th July with 18th July being the last date for filing nominations. The date for the scrutiny of nominations is 19th July. The last day for withdrawal of nomination is 21st July

NALSA has launched Web Application for Legal Services to Prisoners


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NALSA has launched a web application for free Legal Services to Prisoners at the conference held at Indian Law Institute, New Delhi. The Conference saw the participation of Member Secretaries and administrative officers of 18 State Legal Services Authorities. The Legal Services Management System has been developed by the National Informatics Centre (NIC). The State Legal Services Authority and District Legal Services Authority will feed into the web application the data for each individual prison inmate in the jails within their jurisdiction. The feeds will have details regarding the representation of prisoners through a counsel in the court.

Government issues Notification for roll out of GST 

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The government has notified the roll out of Goods and Services Tax (GST) from July 1st. As per the last year’s Constitutional amendment approved by Parliament, the government has been given time only till 15th of September, 2017. Within that time period, the government has to replace the existing indirect tax structure by the GST, failing which may trigger a constitutional crisis as no tax can be levied on goods and services. So, the government has ruled out the possibility of deferring the roll out of GST by any further time period.

EU determined to make Paris accord a success: Angela Merkel 

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German Chancellor Angela Merkel says, European Union is determined to make Paris accord on climate change a success following the decision by U.S. to withdraw from the agreement. In a speech to German Parliament on Thursday, Merkel stressed that EU stands fully behind its commitment to the agreement. She said that the Paris agreement is irreversible and it is also not negotiable.

UNESCO names Sharjah as World Book Capital

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UNESCO has named Sharjah as the World Book Capital for 2019. Sharjah was chosen for its efforts to make books accessible to its entire population. Sharjah was selected to underline the efforts taken by it to make books accessible for reading to as many people as possible, especially the marginalised population. It has followed an innovative and inclusive community-focused activity programme to engage people, in particular, the very large migrant population.

RBI to remain open on July 1 to facilitate transactions 

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Reserve Bank of India will remain open on July 1 for services such as transfer of funds through National Electronic Funds Transfer NEFT and Real Time Gross Settlement- RTGS from 11 AM onwards. RBI follows a July to June accounting year and June 30 being the closing date of the year, the office generally remains closed on July 1 every year. The apex bank on Thursday said in a release from Mumbai that July 1 being a working Saturday, it has decided to remain open on that day. It stated that the liquidity adjustment facility- LAF fixed rate repo window will be operated between 11.30 AM and 3 PM. It added that there will be no change in the timings of fixed rate reverse repo and marginal standing facility-MSF.

Govt to clear all FDI proposals in 8-10 weeks 

current affairs 2017,current affairs today,current affairs,gst,fdiThe government will clear all FDI proposals within a maximum of 10 weeks after the receipt of an application as per the Standard Operation Procedure(SOP) released by the Department of Industrial Policy and Promotion (DIPP) on Thursday. The new mechanism will replace the Foreign Investment Promotion Board (FIPB) which has been abolished by the government. The move is aimed at improving investment climate of the country. As per the guidelines, proposals not requiring security clearance will be cleared in eight weeks and applications that require security nod would take a cumulative time period of ten weeks. The FDI proposals requiring government’s nod will have to be vetted by the concerned ministries or departments.
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