Page-7 of Current Affairs - August, 2013

Ministry of Finance launches "STAR scheme"

August 20, 2013

STAR: (Standard Training Assessment and Reward) The Ministry of Finance launched the National Skill Certification and Monetary Reward Scheme that will be implemented on national level. The scheme will motivate the youth to acquire a vocational skill. The scheme is expected to ..

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U.N. Chief asks nations to contain declining Official Development Assistance (ODA)

August 20, 2013

Ban Ki-moon, the U.N. Secretary-General, has expressed concerns over the continuous decline in Official Development Assistance (ODA) and has asked the nations to reverse the fall. In a progress report to the U.N. General Assembly on the Millennium Development Goals (MDGs), Mr. ..

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Centre, MCI seek review of SC judgment on NEET

August 20, 2013

The Centre and the Medical Council of India (MCI) have filed a petition in the Supreme Court seeking review of the judgement declaring as unconstitutional the single National Eligibility-cum-Entrance Test (NEET) introduced by the MCI and Dental Council of India for admission ..

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FDI limit in Asset Reconstruction Companies hiked to 74% – RBI

August 20, 2013

As per the RBI, the limit on Foreign Direct Investment (FDI) in Asset Reconstruction Companies (ARCs) has been increased to 74% from 49%, another measure to attract capital inflows to support a declining Rupee. The foreign investment limit of 74% in the company ..

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Government sets up high-level panel to map status of tribals

August 20, 2013

The Government has set up a high level panel to prepare a position paper on the socio-economic, health and educational status of tribals and also recommend policy initiatives as well as effective outcome-oriented measures to improve development indicators and strengthen ..

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Government to tweak FDI policy for pharma to protect domestic units

August 20, 2013

A high-level meeting chaired by Prime Minister Manmohan Singh has asked the Commerce and Industry Ministry to start inter-Ministerial consultations on the issue of changing the norms of FDI policy for pharma which, in its current form, is not serving ..

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UGC asks universities to give nod to AICTE-approved technical colleges

August 20, 2013

The University Grants Commission (UGC) has written to the universities, asking them to consider granting approval to the technical institutions and courses, which have been approved by the AICTE, for the academic session 2013-14. The step has been taken as ..

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Union Cabinet gives nod to establish Tax Administration Reform Commission

August 20, 2013

The Union Cabinet accepted the proposal for setting up of the Tax Administration Reform Commission (TARC) to remove uncertainty and establish a stable and non-adversarial tax administration. What is the task before Tax Administration Reform Commission (TARC)? The Commission will work on following areas of ..

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