Daily Current Affairs - 22-07-2021

The Central Government has begun a review of the goods and services tax (GST) law so as to provide clarity on the various issues that have cropped up regularly since it implemented in the year 2017.

Highlights

Conclusion

These issues will be forwarded to the official GST Council for further discussions. Subsequently, based on their feedback a detailed proposal will be created and put forward to the council for a final decision.

The authorities of the state of Kerala have removed the upper age limit for transgender college students of the state who are seeking admission to numerous educational programs available in the State universities and its affiliated schools.

Highlights

 

Conclusion

The upper age limit in the universities varied form program to program and this deterred in the admittance of extra transgender students. The universities of the state had requested the government to remove or relax the upper age limit for transgender students and the state authorities taking everything into account came up with this decision.

The Union Cabinet has given its approval of the formation of a Central University in Ladakh. This project cost for the formation of this university will be Rs 750 crore.

Key Points

Other announcements of the Cabinet

About Ladakh

Ladakh is a Union Territory of India and it was established in the year 2019. Radha Krishna Mathur is the Lieutenant General of Ladakh.

The cabinet of the state of Meghalaya has approved the Meghalaya Youth Policy 2021. This policy aims to create a field for the youths of the state in achieving their full potential and becoming skilled, engaged, responsible, creative, and empowered members of the state as well as the country.

Key Points

About Meghalaya

Meghalaya has a population of about 38.29 lakh people, of which over 74% per cent belongs to the under 35 year’s category. Programs relating to the 5-14 years age group will also be emphasized and made part of the youth development framework of the state. Conrad Sangma is the Chief Minister of the state and its capital is Shillong.

Amsterdam, has unveiled the world’s first 3D-printed steel pedestrian bridge. This project has been opened on the Oudezijds Achterburgwal canal in the city of Amsterdam. The opening ceremony of this bridge was attended by the Queen of the Netherlands, Máxima.

About the 3D-printed steel bridge

 

Tenure of the bridge

The stainless steel structure has been named the MX3D Smart Bridge and it will remain in place for minimum of two years while the previous footbridge which was spread over the canal undergoes renovation. During its two-year tenure this bridge will act as a living laboratory and its performance will be analyzed and monitored in real time by researchers from the Alan Turing Institute’s Data-Centric Engineering Programme, Imperial College London and the University of Cambridge.

An Rs 6,322-crore production linked incentive (PLI) scheme for specialty steel has been approved by the Union Cabinet. This move is aimed at boosting the domestic exports and manufacturing from this sector.

Key Points

Duration of the scheme

Commencing from 2023-24 for a duration of 5 years till the year 2027- 28.

Also, this scheme has a huge potential for employment generation. Around 5,25,000 employment will be generated in the country of which 68,000 will be direct employment while the rest will be indirect employment.

22nd July is organised as World Fragile X Awareness Day. On this day various landmarks and monuments are illuminated by various communities globally.

About World Fragile X Day

About Fragile X

 

Fragile X Society-India

Fragile X Society-India has been a support system for families impacted with the condition and also strives to create awareness about it. Since it causes intellectual disability and is inherited across generations it is important to create awareness regarding this disease. Close to 4,00,000 individuals in India suffer from this disease and this needs attention. Also in solidarity with Fragile X Society- India, various landmarks will also light up in green around the country.

On 22 July, 2021 the Inland Vessels Bill, 2021 has been introduced in the Lok Sabha amid the hullabaloo in the house due to the Pegasus snooping scandal.

Key Points

 

About Ministry of Ports, Shipping and Waterways

On 8th November, 2020 the Ministry of Shipping was renamed to the Ministry of Ports, Shipping and Waterways. The current minister for this department is Sarbananda Sonowal.

Rasmi Ranjan Das, a Joint secretary of the Finance Ministry has been appointed to the UN tax committee as a member for the term period 2021 to 2025. Rasmi Ranjan Das is Joint Secretary – (FT&TR-I), Central Board of Direct Taxes, Department of Revenue, Ministry of Finance.

About the UN tax committee

 

Other members of the committee

Other members of the committee hail from countries such as Chile, Nigeria, Malawi, South Korea, Ireland, Mexico, Myanmar, Indonesia, Russia, Angola, Norway, Canada, Italy, Germany, China and Sweden. They have been appointed by the UN Secretary-General António Guterres.

 

First meeting of the new members of the Committee

In October, 2021 the first meeting with new members of the Committee will take place, during which the experts will discuss and determine their respective work plans.

In the state of Madhya Pradesh, the cities of Orchha and Gwalior have been selected by UNESCO under its ‘Historic Urban Landscape Project.’ This project was started in the year 2011.

Highlights

 

About Historic Urban Landscape Project

This project of UNESCO was started in the year 2011 with the primary aim of well-planned and all inclusive development of the fast-growing historical cities around the world, while keeping in mind to preserve the heritage and the culture.

 

Using the name “Taiwan,” Taiwan’s government will set up its first office in Europe, in the Baltic nation of Lithuania. The Taiwan government has come up with this decision as it seeks to strengthen its diplomatic presence across the globe with the ever increasing pressure from Beijing.

Highlights

 

About Taiwan

China has always firmly opposed any formal relations between Taiwan and other countries. Taiwan is a country in East Asia and its capital is Taipei. China claims Taiwan to be its province under its one-China policy and it is officially known as the Republic of China.

On July 21, 2021, The International Monetary Fund has said that it is estimating that global growth for 2021 will be about 6%, the same that was forecasted in April, but some countries are growing faster and others more slowly.

Key Points

 

About International Monetary Fund

The International Monetary Fund (IMF) is headquartered in Washington, D.C and was formed in the year 1944. It is an international financial institution that consists of 200 countries working towards global monetary and financial cooperation. Kristalina Georgieva is the current MD of IMF and the Chief Economist is Gita Gopinath.

On July 21, 2021, while addressing the 11th Mekong-Ganga Cooperation (MGC) meeting, S Jaishankar India’s External Affairs Minister has called for a “collective and collaborative” response to effectively deal with the ongoing Coronavirus pandemic, saying that national boundaries are not respected by this virus.

Key Points

About MGC Initiative

The MGC initiative was launched in the year 2000 with the aim of boosting cooperation in tourism, connectivity and culture and other range of areas. This initiative comprises of six countries, they are: India, Myanmar, Cambodia, Laos, Thailand and Vietnam.

New Generation Akash Missile (Akash-NG), a surface-to-air Missile has been successfully flight-tested Defence Research & Development Organisation (DRDO) on 21 July, 2021 from Integrated Test Range (ITR) off the coast of Odisha.

Highlights

Aftermath of the tests

Complete flight data captured during the tests has confirmed the successful performance of the weapon system. Akash-NG weapon system will give a boost to the Indian Air Force’s arsenal. Production agencies BDL and BEL also participated in this trial.

After the successful completion of the tests Rajnath Singh, Union Defence Minister congratulated DRDO, Indian Air Force, BEL, BDL and the entire defence industry and also stated that the Missile will strengthen the Indian Force.