1.NABARD has sanctioned Rs 735.53 crore in the first quarter of the current fiscal under the Rural Infrastructure Development Fund (RIDF) for West Bengal.They include six solar power, one medium irrigation, five minor irrigation and 12 flood protection projects.The work on the irrigation projects is expected to benefit 11,554 hectares of land and provide supply of water in commercial areas.
2.India’s first khadi mall would come up in Jharkhand and would provide a major boost for khadi and other handicrafts industry.The Jharkhand Khadi Board would be providing people employment along with training, raw materials and machinery.Apart from this, the role of the urban market along with rural haats and tourists spots would also generate significant revenue.
3.The first meeting of the Cauvery Water Management Board will be held in New Delhi to resolve the dispute among southern states.The meeting of the 9-member board will be chaired by the Central Water Commission Chairman S Masood Hussain.The meeting will discuss the issues including water storage in Cauvery basin reservoirs with the judgement of the Supreme Court in this regard.
4.Asian trade ministers from the 16-nation Regional Comprehensive Economic Partnership, which includes China, Japan and India but not the US, met in Tokyo on 1st July.The partnership would include the 10 members of the ASEAN as well as South Korea, Australia & New Zealand.The development in RCEP could put pressure on the US to consider rejoining the TPP, as the US-China trade war continues.
5.India will be participating in the Asian Ministerial Conference on Disaster Risk Reduction to be held in Ulaanbaatar, Mongolia from 03-06 July 2018.The theme of the meet is ‘Preventing Disaster Risk: Protecting Sustainable Development’.The disaster risk reduction is a key instrument to achieve the Sustainable Development Goals, as highlighted in the 2030 Agenda for Sustainable Development.
6.The CBDT (Central Board of Direct Taxes) extended the deadline for the PAN-Aadhaar linking to March 31, 2019.The policy-making body of the tax department issued an order, under Section 119 of the Income Tax Act extending the deadline.The CBDT order has come against the backdrop of the Supreme Court’s extension of the March 31, 2018 deadline for linking Aadhaar card.
7.The Interpol has issued a Red Notice against Nirav Modi on the request of the Enforcement Directorate and the CBI of India.Red Notice not only restricts a fugitive’s movement in 190 member countries of the Interpol but also empowers agencies to detain the person for deportation or extradition to the requesting country.Mr. Modi is involved in the ₹13,578-crore Punjab National Bank fraud.
8.World Champions Australia defeated India 3-1 via shoot-off after both teams were locked at 1-1 in regulation time to clinch its 2nd consecutive Champions Trophy hockey title.It was the 37th and final edition of the tournament with Australia winning 15th Champions Trophy title. It was being held at Breda.India won their consecutive silver medal while the Netherlands won the bronze medal.
9.The Deputy CM Manish Sisodia and Dalai Lama launched the ‘Happiness Curriculum’ in the Delhi government schools on July 2.The new initiative that focuses on holistic education would cover around eight lakh students.The curriculum focuses on meditation, moral teachings, and mental exercises, with the aim of turning students into good human beings.
10.The govt has launched e-PAN that will have the same name, date of birth, gender, mobile number and address as in the Aadhaar.The e-PAN facility is only for resident individuals and not for Hindu Undivided Family, firms, trusts and companies.According to Section 139 AA (2) of the Income Tax Act, every person having PAN as on July 1, 2017, and eligible to obtain Aadhaar.
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