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99 Current Affairs were found in Month All for Type Committees and Schemes
Committees
1. Minority Affairs Minister Najma Heptulla launched Nai Manzil scheme in Patna aimed at addressing educational and livelihood
needs of minority communities by giving the bridge courses to trainees and getting them Certificates for Class XII and X from
distance medium educational system. Skill training in 4 courses Manufacturing , Engineering, Services and Soft skills shall also
be imparted to trainees. The scheme will cover people in between 17 to 35 age group from all minority communities as well as
Madrasa students.
2. Social justice and empowerment minister Thaawar Chand Gehlot launched Accessible India Campaign (Sugamya Bharat
Abhiyan) that focuses on building accessible government buildings for persons with disabilities).
3. A 13 member committee under former Chief Election Commissioner N. Gopalaswami constituted by Human Resource
Development ministry for Sanskrit promotion.
4. A bug over half a metre long (62.4 centimetres ) discovered in southern China has been declared worlds longest insect amongst
807,625 known insects.
5. An Expert Group Under Cyber Security Chief Gulshan Rai suggested to set up centre for checking Cyber crimes under Ministry of
Home Affairs with cost 500 crores.
6. Andhra Pradesh government reestablished 2 member Commission for Backward Classes under K.L.Manjunath.
7. Bankruptcy Law Reform Committee under Chairmanship of T. K. Viswanathan submitted its report.
Report is in two parts Rationale and Design/Recommendations and A comprehensive draft Insolvency and Bankruptcy Bill
covering all entities.
8. Bhupender Yadav Committee on Insolvency and Bankruptcy Code 2015 submitted report. As per report
Any person adjudged as insolvent may also be covered under definition of bankrupt.
Provident fund, pension fund and gratuity which provide social safety net of employees should be secured in the event of
liquidation of a Company.
New provisions relating to crossborder insolvency should also be Inserted.
9. Chief Economic Advisor Arvind Subramanian led Committee recommendations for Tax Rates under GST Goods and Services Tax
(GST)
Standard GST rate of 17 to 18 %. It is the rate at which most products would likely be taxed.
Revenueneutral rate of 15 to 15.5 %. It is a single rate at which there will be no revenue loss to the centre and states in the
GST regime.
Two options for states: Single rate of 1 % or a range of 1718 %.
Threetier GST rate structure: Essential goods will be taxed at a lower rate of 12 %. Demerit goods such as luxury cars,
aerated beverages, pan masala and tobacco products will be taxed at 40 % and remaining all goods will be taxed at a standard
rate of 17 to 18 %.
10. Commission headed by Upamanyu Hazarika submitted report on illegal migrants from Bangladesh into Assam. It reflected that
huge number of Migrants from Bangladesh may reduce indigenous population of Assam to a minority by 2047.
11. Committee headed by A.P. Shah recommended to amend section 115JB of Incometax Act to clarify the inapplicability of MAT
(Minimum Alternate Tax) provisions to FIIs/FPIs for period prior to 01.04.2015.
12. Committee headed by T S R Subramanian set up to formulate new National Education Policy submitted its report to Human
Resource Development (HRD) ministry.
13. Committee made by Central Board of Direct Taxes under Akhilesh Ranjan, to examine business models for ecommerce and
identify direct tax issues in relation to ecommerce transactions has submitted its report.
14. Committee of Eminent Persons constituted by IIT Council under Chairmanship of Ashok Misra submitted its report about Major
changes in structure of IIT JEE from 2017 onwards.
15. Committee on Agriculture under Chairmanship of Hukm Deo Narayan Yadav took up Subject ‘Comprehensive Agriculture
Research based on Geographical Condition and Impact of Climatic Changes to ensure Food Security for examination and Report.
16. Committee to simplify income tax laws headed by R.V. Easwar submitted its report
Deferring the contentious Income Computation and Disclosure Standards (ICDS) provisions and making the process of tax
refunds faster.
Deletion of a clause in IT Act, 1961 that allows the IT department to delay tax refund due beyond six months.
Treat stock trading gains of up to 5 lakh rupees as capital gains and not business income.
TDS rates for individuals must be reduced to 5 per cent from current 10 per cent.
Exempting nonresidents not having a Permanent Account Number (PAN), but seeking to provide their Tax Identification
Number (TIN) for applicability of TDS at a higher rate.
Eligibility criteria under presumptive tax scheme to be increased to 2 crore rupees from 1 crore rupees to make it easy for
small businesses.
17. Committee under Ajay Shanka submitted its report to DIPP (Department Of Industrial Policy & Promotion) for examining
Possibility of Replacing Multiple Prior Permissions with PreExisting Regulatory Mechanism.
18. Committee under director National Institute of Nutrition (Hyderabad) recommended banning sale of junk food around schools
to check issues related to growing problems of obesity among children due to over junk food comsumption.
19. Delhi Assembly passed Members of Legislative Assembly Salaries, Allowances, Pension Amendment Bill 2015. It seeks 400 %
hike in salaries of Delhi MLAs. It is based on recommendations of threemember PDT Achary panel.
20. Delhi Government appointed Gopal Subramanium Commission for enquiring DDCA (Delhi & District Cricket Association) scam.
21. Delhi Government appointed panel under Chetan Sanghi recommended suspension of Delhi and District Cricket Association
(DDCA) due to severe alleged financial irregularities.
22. Delhi Government constituted a Committee headed by SN Agarwal for inquiry into CNG fitness scam of Delhi.
23. Delhi became first to implement recommendations of Supreme Court appointed committee under KS Radhakrishnan To deal
with traffic violations in the city.
24. Draft National Wildlife Action Plan (20172031) prepared by Committee under JC Kala has been released. Committee was
constituted by MoEF (Ministry of Environment and Forests) to review implementation of National Wildlife Action Plan (2002
2016) and to suggest a new Plan of Action for Wildlife Conservation.
25. Expert Committee under Anand Desai has submitted its report about examining Specific Relief Act 1963. Committee
recommended that courts intervention in public works should be minimal, specific performance of contracts be made the rule and
damages or compensation be the exception and a separate class of contracts for public utility contracts should be created.
26. Finance Ministry constituted a SubCommittee under High Level Committee (HLC) to review issues related to excise duty. The
sub committee will be headed by Ashok Lahiri and will review excise duty imposed on different jewellery articles in Budget 2016
17.
27. Former Cabinet secretary T.S.R. Subramanian has been appointed chairperson of a committee set up by the Human Resource
Development Ministry to draft the new education policy.
28. Government appointed Justice L Narasimha Reddy as chief of Judicial Committee to look into implementation of One Rank One
Pension (OROP) scheme for ExServicemen.
29. Government appointed a one person committee under Kamlesh Chandra, Retired Member of Postal Services Board, to Review
Wage Structure of Gramin Dak Sevaks.
30. Government appointed committee under Anil Baijal recommendations for improving monitoring of CSR (Corporate Social
Responsibility) spending to government
Uniform tax treatment for all CSR activities under Companies Act 2013.
Leniency towards noncompliant companies in first 2 to 3 years.
31. Government approved Shyama Prasad Mukherji Rurban Mission (SPMRM) with an outlay of Rs. 5142 crores for development of
rural growth clusters with potential for growth in all States.
Clusters will consist of Gram Panchayats with population of 25000 50000 in plain areas and a 5000 15000 in desert, hilly
or tribal areas.
Mission aims to create 300 such Rurban growth clusters over next 3 years. Funding for Rurban Clusters will be through
various Government Rural welfare schemes.
SPMRM will provide an additional funding support of upto 30 % of project cost per cluster as Critical Gap Funding (CGF).
32. Government approved Ujwal DISCOM Assurance Yojna (UDAY scheme) under Ministry of Power for financial turnaround of
Power Distribution companies (DISCOMs).
Power sector is seeing good growth but the weakest link in value chain is distribution DISCOMs in the country have
accumulated huge debts. Revival of these stressed DISCOMs is important for ensuring power supply for all.
DISCOMs are trapped in cycle a where operational losses being funded by debt. This has increased Outstanding debt of
DISCOMs from 2.4 lakh crore in 201112 to 4.3 lakh crore in 201415.
Features of UDAY Scheme
States shall take over 75% of DISCOM debt as on 30 September 2015 over 2 years (50% in 201516 and 25% debt to be
taken over in 201617).
States will issue nonSLR including SDL bonds in the market or to banks holding DISCOM debt to the appropriate
extent. DISCOM debt not taken over by State shall be converted by Bank into loans or bonds.
States shall take over future losses of DISCOMs as follows:
Year 201516 201617 201718 201819 201920 202021
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