Page-2 of Current Affairs - December, 2016
President gives assent to Payment of Wages (Amendment) Ordinance, 2016
President Pranab Mukherjee has given assent to Payment of Wages (Amendment) Ordinance, 2016, to enable industries to pay wages by cheque or credit into the bank accounts of workers. The ordinance amends the Payment of Wages Act, 1936 to encourage ..
Month: Current Affairs - December, 2016
Colombia passes FARC amnesty law
Colombia’s Congress passed a law granting amnesty to Marxist FARC (Revolutionary Armed Forces of Colombia) rebels as part of historic peace deal reached between rebels and Government. The Senate passed the bill 69-0 votes after the House of Representatives approved ..
Month: Current Affairs - December, 2016
FIPB clears 6 FDI proposals worth Rs 1,200 crore
The Foreign Investment Promotion Board (FIPB) has approved six Foreign Direct Investment (FDI) proposals worth Rs 1,200 crore. Decision in this regard was taken by FIPB meeting headed by Economic Affairs Secretary Shaktikanta Das. It has approved the proposals of, ..
Month: Current Affairs - December, 2016
CBDT inks 2 unilateral APAs with taxpayers
The Central Board of Direct Taxes (CBDT) signed two unilateral Advance Pricing Agreements (APAs) with Indian taxpayers pertain to the Information Technology and automobile sectors. The international transactions covered in these two agreements include software development services, IT enabled services ..
Month: Current Affairs - December, 2016
Government launches Swachh Swasth Sarvatra initiative
Union Government launched Swachh Swasth Sarvatra initiative to strengthen health centres in open defecation-free (ODF) blocks. The objective of this initiative is to strengthen community health centres in 708 ODF blocks across the country to enable them to achieve higher ..
Month: Current Affairs - December, 2016
27th meeting of Southern Zonal Council held at Thiruvananthapuram
The 27th meeting of the Southern Zonal Council held at Thiruvananthapuram, Kerala was chaired by Union Home Minister Rajnath Singh. The Southern Zonal Council consists of Kerala, Karnataka, Telangana, Tamil Nadu, Puducherry (UT) and Andhra Pradesh. Key Facts Many important issues ..
Month: Current Affairs - December, 2016
Government invites comments for creating new Financial Redressal Agency
The Union Government has invited public comments on a report for the creation of a Financial Redressal Agency (FRA). The report also calls for a new financial consumer protection and redressal legislation and also recommends an initial budget of Rs. ..
Month: Current Affairs - December, 2016
Government launches IVRS platform to tackle call drops
The Union Government has launched Integrated Voice Response System (IVRS) system in a bid to tackle the call drop menace. The system was launched at multiple locations including Delhi and Mumbai to obtain direct feedback from subscribers on call quality ..