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BENEVOLENT IAS ACADEMY, COIMBATORE BENEVOLENT IAS ACADEMY #25, Sri Nagar, Hope College, Peelamedu (PO), Coimbatore – 641004.Ph: +91422-4521607, Cell: +91-9787731607, 9787701067/9787701068. Web:www.benevolentacademy.com.E-Mail:[email protected] Dated 23.07.2019 TODAY’S IMPORTANT CURRENT AFFAIRS UPSC-IAS|IPS|IFS (PRELIMS + MAINS FOCUS) IN NEWS KVB funds will double in 9 years 5 months. EXAM POINT OF VIEW : Indian Economy – Investments In view of falling interest rates, the government has increased the time period by 1 month for doubling the money invested in Kisan Vikas Patra (KVP) to 9 years and 5 months. The funds parked in KVP with effect from July 1, 2019, will double in “9 years and 5 months” or 113 months as against “9 years and 4 months” or 112 months earlier, the Finance Ministry said while amending the Kisan Vikas Patra Rules, 2014. Here most of the aspirants don’t know about KVP, and then do you know? Shall we discuss? Kisan Vikas Patra is a saving certificate scheme which was first launched in 1988 by India Post. It was successful in the early months but afterwards the Government of India set up a committee under supervision of Shyamala Gopinath which gave its recommendation to the Government that KVP could be misused. Hence the Government of India decided to close this scheme and KVP was closed in 2011 and the new government re-launched it in 2014. Kisan Vikas Patra can be purchased by : An adult in his own name, or on behalf of a minor, A Trust Two adults jointly Source: the economic times Kisan Vikas Patra does not offer any income tax benefits to the investor. No deduction u/s 80C is allowed on investment and the interest received upon maturity/withdrawal is fully taxable. However, withdrawals are exempted from Tax Deduction at Source (TDS) upon maturity

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Page 1: TO AY’S IMPORTANT URR NT A AIRS€¦ · BENEVOLENT IAS ACADEMY, COIMBATORE IN NEWS THE JUDICIAL PRESUMPTION OF NON-CITIZENSHIP. EXAM POINT OF VIEW: - Indian Polity – about Citizenship

BENEVOLENT IAS ACADEMY, COIMBATORE

BENEVOLENT IAS ACADEMY

#25, Sri Nagar, Hope College, Peelamedu (PO), Coimbatore – 641004.Ph: +91422-4521607, Cell: +91-9787731607, 9787701067/9787701068. Web:www.benevolentacademy.com.E-Mail:[email protected]

Dated 23.07.2019

TODAY’S IMPORTANT CURRENT AFFAIRS

UPSC-IAS|IPS|IFS (PRELIMS + MAINS FOCUS)

IN NEWS KVB funds will double in 9 years 5 months.

EXAM POINT OF VIEW : Indian Economy – Investments

In view of falling interest rates, the government has increased the time period by 1

month for doubling the money invested in Kisan Vikas Patra (KVP) to 9 years and 5

months. The funds parked in KVP with effect from July 1, 2019, will double in “9 years and

5 months” or 113 months as against “9 years and 4 months” or 112 months earlier, the

Finance Ministry said while amending the Kisan Vikas Patra Rules, 2014.

Here most of the aspirants don’t know about KVP, and then do you know? Shall we discuss?

Kisan Vikas Patra is a saving certificate scheme which was

first launched in 1988 by India Post. It was successful in

the early months but afterwards the Government of

India set up a committee under supervision of Shyamala

Gopinath which gave its recommendation to the

Government that KVP could be misused. Hence the

Government of India decided to close this scheme and

KVP was closed in 2011 and the new government

re-launched it in 2014.

Kisan Vikas Patra can be purchased by :

An adult in his own name, or on behalf of a minor, A Trust

Two adults jointly

Source: the economic times

Kisan Vikas Patra does not offer any

income tax benefits to the investor.

No deduction u/s 80C is allowed on

investment and the interest received

upon maturity/withdrawal is fully

taxable. However, withdrawals are

exempted from Tax Deduction at

Source (TDS) upon maturity

Page 2: TO AY’S IMPORTANT URR NT A AIRS€¦ · BENEVOLENT IAS ACADEMY, COIMBATORE IN NEWS THE JUDICIAL PRESUMPTION OF NON-CITIZENSHIP. EXAM POINT OF VIEW: - Indian Polity – about Citizenship

BENEVOLENT IAS ACADEMY, COIMBATORE

IN NEWS THE JUDICIAL PRESUMPTION OF NON-CITIZENSHIP.

EXAM POINT OF VIEW: - Indian Polity – about Citizenship under NRC.

“In a very short hearing, a three-judge Bench of the Supreme Court (the

Chief Justie of India Ranjan Gogoi and Justices Deepak Gupta and Sanjiv

Khanna) decided a batch of 15 petitions under the title Abdul Kuddus v Union

of India. Innocuously framed as resolving a “perceived conflict” between two

paragraphs of the Schedule to the Citizenship (Registration of Citizens and

Issue of National Identity Cards) Rules, 2003, the judgment — little reported

in the media — nonetheless had significant consequences for the ongoing

events in Assam surrounding the preparation of the National Register of

Citizens (“the NRC”)”

What was the issue in Abdul Kuddus?

In the State of Assam, there are two ongoing processes concerning the question of

citizenship. The first includes proceedings before the Foreigners Tribunals, which have been

established under an executive order of the Central government. The second is the NRC, a

process overseen and driven by the Supreme Court. While nominally independent, both

processes nonetheless bleed into each other, and have thus caused significant chaos and

confusion for individuals who have found themselves on the wrong side of one or both.

Flawed Tribunals

When adjudicating upon a person’s citizenship — a determination that can have the drastic and severe result of rendering a human being stateless — only the highest standards of adjudication can ever be morally or ethically justifiable. But in further strengthening an institution — the Foreigners Tribunal — that by design and by practice manifestly exhibits the exact opposite of this principle, the Supreme Court failed to fulfil its duty as the last protector of human rights under the Constitution.

Unwelcome Departure

The Court attempted to justify this by observing that “fixing time limits and recording of an order

rather than a judgment is to ensure that these cases are disposed of expeditiously and in a time

bound manner”.

Finally, The Supreme Court on July 23, 2019 extended the deadline for publication of the final

National Register of Citizens (NRC) in Assam from July 31 to August 31, 2019. The court also

rejected the pleas seeking permission for 20 per cent sample re-verification.

Source: The Hindu and the legal India.

Page 3: TO AY’S IMPORTANT URR NT A AIRS€¦ · BENEVOLENT IAS ACADEMY, COIMBATORE IN NEWS THE JUDICIAL PRESUMPTION OF NON-CITIZENSHIP. EXAM POINT OF VIEW: - Indian Polity – about Citizenship

BENEVOLENT IAS ACADEMY, COIMBATORE

What is NRC issue?

The NRC is now being updated in Assam to include the names of those persons (or their

descendants) who appear in the NRC, 1951, or in any of the Electoral Rolls up to the midnight of 24

March 1971 or in any one of the other admissible documents issued up to mid-night of 24 March

1971, which would prove their presence

Further I wish to bring out some important facts on NRC as follows,

The National Register of Citizens (NRC) is a register containing names of all genuine Indian citizens.

It was first prepared in 1951.The 1951 NRC list has been updated for Assam, which has had a

longstanding foreigner problem, to remove out illegal migrants and save further inflow. The

updating process of NRC started in the year 2013 under the strict monitoring and supervision of

the Supreme Court of India. On December 31, 2017, a part draft NRC list was released and

subsequently on July 30, 2018, the complete draft of NRC was released.

Who are eligible to get registered in the NRC?

Persons whose names appear in the NRC list of 1951

Persons whose names appear in any of the Electoral Rolls up to March 24, 1971

Descendants of the above persons

People who came from another region on or after January 1, 1966 but before March 25,

1971 and registered themselves with the Foreigners Registration Regional Officer (FRRO)

and were declared as Indian citizens by the Foreigner Tribunal

All Indian citizens including their relatives who moved to Assam after March 24, 1971 (They

need to provide proof of residence in another part of the country as on March 24, 1971)

D’ voters can apply for inclusion of their names in the updated NRC (Their names will be

included only when the appropriate Foreigner Tribunal declares them as non-foreigners)

Persons who can provide any one of the documents issued up to midnight of March 24,

1971 as mentioned in the list of documents admissible for citizenship

What are the benefits being registered in the NRC?

The NRC will form the basis for the detection of illegal migrants, inclusion will protect against

harassment and a ticket to enjoying all the constitutional rights and safeguards and the benefits of

government schemes.

.

Source: India today….

Page 4: TO AY’S IMPORTANT URR NT A AIRS€¦ · BENEVOLENT IAS ACADEMY, COIMBATORE IN NEWS THE JUDICIAL PRESUMPTION OF NON-CITIZENSHIP. EXAM POINT OF VIEW: - Indian Polity – about Citizenship

BENEVOLENT IAS ACADEMY, COIMBATORE

TODAY’S IMPORTANT CURRENT AFFAIRS

TNPSC|SSC|RRB|BANK

India has sharply rejected US President Donald Trump’s claim stating that PM Modi asked for US

mediation in Kashmir issue. India lodged a protest regarding the controversial claim with the US

State Department.

Boris Johnson elected as the leader of Britain's governing Conservative Party. He is declared as

country's next Prime Minister. Johnson will formally take over as Prime Minister. He succeeds

Theresa May. She got stepped down over her failure to get parliament to ratify her Brexit deal.

Johnson served as UK foreign minister and London's Mayor

Acharya Devvrat, 60, sworn in as the new governor of Gujarat, Gujarat

high court's acting chief justice Anant S Dave administered the oath of

office at the Raj Bhavan. Devvrat is the 20th governor of Gujarat. Acharya

Devvrat has replaced O P Kohli. He was the governor of Himachal Pradesh.

Devvrat promotes education for girls. He was earlier served as the

principal of a gurukul, the traditional school, at Kurukshetra in Haryana. Acharya Devvrat

Indian Space Research Organisation (ISRO), the Indian Space agency, has launched Chandrayaan-2

successfully into the elliptical Earth orbit from the Satish Dhawan Space Centre in Sriharikota. The

spacecraft was carried by the Geosynchronous Satellite Launch Vehicle GSLV MkIII-M1.

Ajay Bhadoo (IAS)

President of India appointed Ajay Bhadoo as Joint Secretary. Badoo, a Gujarat

batch IAS officer. He is currently serving as the Vadodara Municipal

Commissioner. He took charge of the Municipal Commissioner’s post in July

2018. The past 19 years in IAS he served in various capacities and held

positions like Collector, Municipal Commissioner to the chief minister of

Gujarat. He got the Best Collector Award twice for outstanding performance

in 2008 and 2010

The National Broadcasting day is observed every year on July 23. In 1927, the Indian Broadcasting

Company began radio broadcasting from Bombay station on this day. On June 8, 1936, the Indian

State Broadcasting Service became AIR (All India Radio).

Page 5: TO AY’S IMPORTANT URR NT A AIRS€¦ · BENEVOLENT IAS ACADEMY, COIMBATORE IN NEWS THE JUDICIAL PRESUMPTION OF NON-CITIZENSHIP. EXAM POINT OF VIEW: - Indian Polity – about Citizenship

BENEVOLENT IAS ACADEMY, COIMBATORE

TODAY’S IMPORTANT CURRENT AFFAIRS

TNPSC Group I, II, IV & VAO

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Page 6: TO AY’S IMPORTANT URR NT A AIRS€¦ · BENEVOLENT IAS ACADEMY, COIMBATORE IN NEWS THE JUDICIAL PRESUMPTION OF NON-CITIZENSHIP. EXAM POINT OF VIEW: - Indian Polity – about Citizenship

BENEVOLENT IAS ACADEMY, COIMBATORE

Have you read the above contents? Then

can you try the following questions?

1. India has rejected which among the following leader’s claim that PM Modi asked him

to be the mediator in Kashmir issue?

a) Kim Jong Un b) Donald Trump c) Xi Jinping d) Vladimir Putin

2. The Supreme Court has extended the deadline for Final NRC publication till which

date?

a) August 31st b) July 31st c) August 1st d) August 15th

3. Who is appointed as the Governor of Gujarat?

a) Manoj Mukund Naravane b) Gen D Anbu c) Gen Anil Chauhan d)Acharya Devvrat

4. When is National Broadcasting Day observed every year in India?

a) 22nd July b) 23rd July c) 24th July d) 25th July

Kind Attention for my dear UPSC (Civil Service) Aspirants,

5. The implementation of NRC would encourage the "Son of the soil" Act in Assam that

will work against Article 14 of the Indian constitution. Examine.

6. Briefly discuss / describe about the Bond and Mutual fund in Indian Economy Point of

views?

Best Regards, AP Thomas.