Union Budget 2018: Fifth Budget of Modi Government
Union Finance Minister Arun Jaitley on February 1, 2018 will present the Union Budget 2018-19 in the Lok Sabha. In the independent India, this will be the 88th budget and the fifth one of the Modi Sarkar.
The Budget 2018 offers Modi Government one last chance before the General Elections 2019 to vindicate its actions and decisions that have impacted the economy profoundly such as demonetisation and rolling out of GST.
Expectations are high from various sectors and several questions have been popping up, like – Will Budget 2018 witness increase in income tax slab? What Budget 2018 is likely to bring for agriculture and farmers? What's in the store for PSUs?
As the launch of Budget 2018 is coming closer, people's expectations have also reached the great heights. It will be truly a judgement time!
India slips to 42nd place on EIU Democracy Index 2018; US at 21st
India on January 31, 2018 slipped to 42nd rank on an annual Global Democracy Index, compiled by the Economist Intelligence Unit (EIU). India moved down from 32nd rank in 2017 and remains classified among "flawed democracies". While Norway has again topped the list, followed by Iceland and Sweden.
The United States (ranked 21), Japan, Italy, France, Israel, Singapore, and Hong Kong have also been named among 'flawed democracies'.
The index ranks 165 independent states and two territories on the basis of five categories: electoral process and pluralism, civil liberties, the functioning of government, political participation and political culture.
The list ranks the countries into four broad categories -- full democracy, flawed democracy, hybrid regime and authoritarian regime.
President Ram Nath Kovind approves Bill to hike salary of judges
President Ram Nath Kovind on January 31, 2018 approved The High Court and Supreme Court Judges (Salaries and Conditions of Service) Amendment Act, 2018, a Bill that seeks to hike the salaries of Supreme Court and High Court judges.
The Bill was passed in the Winter Session of Parliament. Following the approval of the President, the Chief Justice of India will draw a monthly salary of Rs 2.80 lakh, up from the current Rs 1 lakh.
Other judges of the Supreme Court and Chief Justices of High Courts will draw a monthly salary of Rs 2.50 lakh, a jump from the current Rs 90000.
UP government announces jobs to dependants of martyred jawans
Uttar Pradesh state government on January 30, 2018 announced that it will provide employment on compassionate grounds to the dependants of the martyred Jawans of armed forces and Central Para Military forces who had a domicile of origin in Uttar Pradesh.
The decision was taken at a cabinet meeting headed by Chief Minister Yogi Adityanath. The cabinet minister Shrikant Sharma said that it has been decided that dependants of jawans of armed forces and central para military forces, who attain martyrdom while discharging their duties, will be given jobs on compassionate grounds. It will be a tribute to the martyrs from the state government.
Table Tennis: Sharath Kamal lifts National Men's singles title for the eighth time
Sharath Kamal on January 30, 2018 lifted the National men's singles title for the eighth time, equalling the feat of Kamlesh Mehta.
In the finals at the Senior Table Tennis Nationals in Ranchi, Kamal defeated top-seed Anthony Amalraj 4-1. The winner received two lakh rupees as prize money.
Suthirta Mukherjee from West Bengal emerged as the champion of the women team, beating Hyderabad Nationals winner Manika Batra 4-3. Her maiden effort fetched 1.5 lakh rupees, while Manika received 50 percent less in prize money.