Presenting September 13 2017 current affairs with regular updates of today events from all over the country, world and various areas. Aim of our current affairs section is to help you to get high marks in competitive exams you are going to attempt.
Payment gateway provider PayU collaborates with IRCTC
Payment gateway provider PayU and IRCTC Indian Railway Catering and Tourism Corporation (IRCTC) collaborated with each other. The new tie up will add one more option for payment to passengers while booking tickets online through IRCTC website.
This option will add more safety and user will be able to do more secure transactions and also various payment options like internet banking, debit/credit card, and e-wallet.
IRCTC website receives huge amount of traffic daily on their official website, most users visit website to book tickets. Adding such payment methods will add more to the security.
PayU provides Payment gateways to various online websites especially to eCommerce websites where users do online transactions. As per the PayU officials the payment gateway of PayU operates on around 80% of the e-commerce business in India today.
Halimah Yacob Elected as Singapore’s first Woman President
Halimah Yacob a 63 years old lady was elected as president of Singapore. This is the first time that any lady has become president of Singapore. She was the only person who qualified to be elected as the president so became president automatically without voting while other candidates were disqualified.
She is the 8th President of Singapore and also first leader from Malay community in 47 years to become president. However voters were not happy with her selection and anger was observed among the voters.
Union Govt approves Rs 10881 crore fund to give a boost
In an effort to boost the dairy sector in India, Union cabinet approved a fund of Rs. 10,881 crore under the project Dairy Processing & Infrastructure Development Fund (DIDF). The DIDF’s responsibilities will be to build an effective and efficient milk procurement system by setting up of chilling infrastructure & installation of electronic milk adulteration testing equipment, creation/modernization/expansion of processing infrastructure and manufacturing faculties for value added products for milk unions and milk producer companies.
The scheme will be benefiting 50000 villages and approximately 95 lakh farmers of those villages. The fund will be used to create necessary infrastructure and will provide support to farmers for a from 2017 to 2029 for a 12 years period.
National Dairy Development Board (NDDB) and National Dairy Development Cooperation (NCDC) are the authorities that will also be involved and will ensure proper implementation of the project. These will authorities will make direct contacts with end borrowers like Milk Unions, State Dairy Federations, Multi-state Milk Cooperatives, Milk Producer Companies and NDDB subsidiaries.
Under the project total 28,000 Bulk Milk Coolers (BMCs) will be set up at various villages as well as milk processing and milk chilling of capacities 126 lakh and 140 lakh litters respectively will also be established additionally.
GoM to resolve IT challenges faced in GST implementation
Since the implementation of one of the biggest change in tax system of India -GST, government has been doing all possible efforts to make the change successful. Now the government has taken steps to overcome the IT challenges faced in the GST implementation.
Finance minister Arun Jaitley on Tuesday constituted a Group of Ministers (GoM) to tackle the IT challenges faced in successful implementation of GST. Deputy Chief Minister of Bihar, Sushil Modi will be the convener of the GoM.
Here is the list of ministers included in the Group of Ministers(GoM):
- Sushil Modi (convenor)
- Amar Agarwal – Minister for Commercial Taxes, Government of Chhatisgarh
- Krishna Byregowda – Minister for Agriculture, Government of Karnataka
- T.M. Thomas Isaac – Finance Minister, Government of Kerala
- Etela Rajendar – Finance Minister, Government of Telengana
Chairman, Goods and Services Tax Network (GSTN) and the Chief Executive Officer, GSTN will provide the required assistance to GoM to perform the work.
A part from making GoM, Finance minister Arun Jaitley also took steps to resolve issues faced by export sector due to the introduction of new export rules under the GST. For this he constituted a committee under the leadership of Revenue Secretary. The committee will collect issues of export sector and will address those issues to GST council with necessary recommendations to resolve those issues.
The committee will consist of following:
- Chairperson, CBEC;
- Member (Customs), CBEC;
- Director General, DGFT;
- Addional Secretary, GST Council;
- Director General, DG Export Promotion from the Central Government;
- Commissioners of Commercial Taxes from the States of Gujarat, Maharashtra, Karnataka, Uttar Pradesh and West Bengal.