HEADLINES
- UGC sets up advisory panel on DU new format
- Cabinet clears mobile towers in moaist hit areas
- Parties reject CIC order on RTI
NATIONAL
NEWS
- Cabinet okay's non binding conciliation with vodafone in tax row
- Sending out a strong signal to foreign investors and seeking to dent the criticism on stability of the Indian tax regime, the Union Cabinet on Tuesday approved conciliation process with British telecom giant Vodafone in the $2-billion (Rs. 11,200 crore) tax dispute case, originating from its 2007 acquisition of Hutchison’s stake in Hutchison Essar.
- The Vodafone case had almost become a trendsetting issue as the decision to make retrospective tax claims drew strong criticism from global corporate groups and led to virtual intervention by the British government at the highest level. The case led to a negative sentiment among the foreign investors.
- Cabinet clears real estate bill
- The Union Cabinet on Tuesday cleared the Real Estate (Regulation and Development) Bill. It seeks to establish a regulator that will keep unscrupulous builders on a tight leash and provides for jail term to developers who put out misleading advertisements about projects.
- A brainchild of Housing and Urban Poverty Alleviation Minister Ajay Maken, the Bill seeks to create a uniform regulatory environment. It will allow builders or developers to sell their projects only after they receive all statutory clearances. Furthermore, developers can launch projects only after getting all statutory clearances.
- India Singapore sign new pact on army training
- India and Singapore have signed a new agreement to extend the use of training and exercise facilities in India by the Singapore Army for five years from August this year.
- The agreement for training and exercises of Singapore Air Force in India was extended up to October 2017 during the visit of Singapore’s Permanent Secretary of Defence to India in July last. Singapore is the only country to which India is offering such facilities.
- Cabinet nod for extension of health insurance scheme
- The Union Cabinet has approved the extension of the health insurance scheme — Rashtriya Swasthya Bima Yojana (RSBY) — to over 88.57 lakh unorganised workers including rickshaw pullers, rag pickers, mine workers and auto/taxi drivers.
- As per the scheme, being implemented since 2008 in 28 States and the Union Territories, 3.48 crore BPL familes in the unorganised sectors were already covered.
OPINION/EDITORIALS
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