- Mid-year review shows State has done well in tax collection
- Karnataka has done well in tax collection in the first half of 2018-19 despite drought in some districts, according to the mid-year review (MYR) of State Finances 2018-19.
- At the same time, the report notes that for the present year, there is some concern over growth in agriculture and allied sectors because of drought in northern districts.
- The total revenue receipts during the first six months of financial year 2018-19 ending in September 2018 have shown a healthy increase. The total revenue receipts of the State during the first half of the financial year 2018-19 stood at ₹76,025 crore, including the State’s Own Tax Revenue (SOTR) of ₹51,247 crore, the report states.
- The total Own Revenue Receipts (ORR) during the first half of the financial year 2018-19 is 47% of that budgeted for the full year, which is on a par with the moving average of 47% during the first half of the previous five years, according to the report.
- Total receipts (excluding borrowings) for the State during the first half of this year is around 11.8% above that during the corresponding period in 2017-18, the report states.
- All the four major State’s Own Tax Receipts — commercial taxes, excise, motor vehicles tax, and stamps and registration — have shown reasonable achievement during the first six months of 2018-19 when compared with the budget estimate.
· World’s First Floating Nuclear Power Plant : Akademik Lomonosov:
- Russia’s Akademik Lomonosov, the world’s first floating nuclear power plant (FNPP) has become operational.
- It has latest security systems and is considered as one of safest nuclear installations in the world. However, environmentalists have dubbed it as ‘nuclear Titanic’ or ‘Chernobyl on ice’. It will be primarily used to power oil rigs in remote areas of Artic region where Russia is pushing to drill for oil and gas.
· Germany adds Third Gender, ‘Diverse’, on Birth Certificates
- This comes after Chancellor Angela Merkel’s left-right coalition had passed legislation permitting children born intersex to be registered as “miscellaneous”.
- Those born with sex traitsfor which the usual binary notion of male and female is inadequate can be identified by this third choice.
- Austria, Australia, New Zealand, India, Canada and Portugal have all introduced legislation for a third gender option.
· The law on Sexual Exploitation is passed by J & K
- The state assembly of Jammu and Kashmir has passed law to ban sexual extortion of woman in offices and became the first state in the country to amend law on Sextortion.
- The new amendment prescribed the definition of misconduct and the demand for sexual favours also comes under the misconduct in Section 5.
- Indian Penal code is not applicable to Jammu and Kashmir and in place of IPC, a similar criminal law Ranbir Penal Code applies in the state. The code was introduced by Ranbir Singh during the Dogra Dynasty and it came in effect from 1932.
· NRTI: India’s first Railway University in Vadodara
- The Railway University will be first of its kind institution in the nation and the third in the world after Russia and China.
- It is named as the National Rail and Transportation Institution (NRTI).
- It will offer professional courses in technology and management of transportation networks.
- The Railways Ministry has sanctioned Rs 421 crore for the NRTI and its curriculum development for the next five years.
· Cyclonic Storm Phethai
- Cyclonic Storm Phethai is the sixth named cyclone of 2018 North Indian Ocean Cyclone season. The previous five named cyclones are Sagar, Mekunu, Luban, Titli and Gaza.
- Cyclone Pethai has emerged as a deep depression in the Bay of Bengal around 900 kms off Chennai.
- It was expected to bring heavy rainfalls in the coastal areas of north Tamil Nadu, Andhra Pradesh, Chhattisgarh and Odisha.
· Operation Oliva: Coast Guard launches operation to safeguard turtles
- The Coast Guard launched an exercise along the serene sea waters of Gahirmatha marine sanctuary in Odisha to protect the endangered Olive Ridley sea turtles.
- The Coast Guard ‘Operation Oliva’ exerciseas part of its annual mission to ensure the safe mid-sea sojourn of breeding Olive Ridley sea turtles.
· Indias first private UAV factory inaugurated in Hyderabad
- India‘s first private sector unit for manufacturing unmanned aerial vehicles (UAVs) was inaugurated by Telangana’s Home Minister Mohammad Mahmood Ali at Adani Aerospace Park in Hyderabad, Telangana.
- The 50,000 square feet facility has been built by the Adani Group and Israel-based Elbit System.
- Soon, a virtual tour of railway heritage sites in trains, classrooms
- Soon, passengers onboard trains or students in faraway locations can take a tour of the National Rail Museum or see the Kalka-Shimla rail route without moving from their seats.
- Railways has tied up with Google’s education initiative to create and deliver virtual educational expeditions using 3-D imaging and virtual tours of its prominent heritage places.
- As a part of this project, Railways is considering providing virtual reality glasses to passengers on rent so that they can have a glimpse of the sites without actually being there physically. It is also planning to collaborate with schools and NGOs to take the glasses to classrooms.
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