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Top 5 Current Affairs: 2 July 2018

Jul 2, 2018 17:44 IST
Top 5 Current Affairs: 2 July 2018

SC asks Centre to inform in 10 days time frame for appointing Lokpal

The Supreme Court on July 2, 2018 directed the Centre to inform it within 10 days about the time frame for appointing the anti-graft ombudsman Lokpal in the country.

The Supreme Court Bench comprising justices Ranjan Gogoi and R. Banumathi asked the government to file an affidavit within 10 days giving details of the steps which are likely to be taken for appointing the Lokpal. The court was hearing a contempt petition filed by NGO Common Cause, which had raised the issue of non-appointment of the ombudsman despite the apex court’s verdict on April 27, 2017.

Ravindra H Dholakia committee constituted to upgrade norms for computation of economic data

The Union Ministry of Statistics and Programme Implementation (MOSPI) on June 30, 2018 formed a 13 member committee to upgrade the norms for computation of economic data at states and districts level in the backdrop of plans to revise the base year for National Accounts or GDP calculation.

The Committee for Sub-National Accounts will be headed by Ravindra H Dholakia, a retired professor of IIM Ahmedabad. The panel will review the concepts, definitions, classifications, data conventions, data sources and data requirements for preparation of State Domestic Product (SDP) and District Domestic Product (DDP) to lay down revised guidelines.

Explained: One year of GST: Achievements and Challenges

India on July 1, 2018 observed the 1st Goods and Services Tax (GST) Day to commemorate the first year of the unprecedented reform of Indian taxation.

The celebrations were presided by the Union Minister for Railways, Coal and Finance Piyush Goyal as the Chief Guest and Minister of State for Finance Shiv Pratap Shukla was the Guest of Honour.

Earlier on June 30, 2018, the Union Finance Ministry announced to observe July 1, 2018 as the ‘GST Day’. The GST is a single indirect tax that subsumes most of the Central and State taxes such as the Value Added Tax (VAT), excise duty, service tax, central sales tax, additional customs duty and special additional duty of customs.

Indian Navy Officer Abhilash Tomy to circumnavigate globe solo, non-stop

Indian Naval officer Commander Abhilash Tomy has been selected to participate in the prestigious Golden Globe Race (GGR), which commenced from Les Sables d’Olonne harbour in France on July 1, 2018.

The GGR requires all the participants to sail around the world, single-handed and non-stop. Abhilash Tomy is the only invitee from Asia to participate in the prestigious and unique voyage.

The uniqueness of the race is that it forbids the use of boat designs and technology newer than 1968.

Conference of States’ Power Ministers to be held in Shimla

The Conference of Ministers for Power, New & Renewable Energy of states & union territories will be held on July 3, 2018 in Shimla, Himachal Pradesh.

The one-day conference aims to review the implementation of various ongoing schemes/ programmes & deliberate on a host of issues relating to power and renewable energy sectors.

The conference will provide a platform to the Ministers and Secretaries of the states and union territories and senior officials of the power & renewable energy sectors and public sector undertakings under them to meet and discuss issues including 100 per cent household electrification (under Saubhagya scheme) by December, 2018, UDAY performance assessment, shifting to prepaid system in three years and 24x7 power for all from April 1, 2019.

 

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