Page-3 of Current Affairs - July, 2016

Lok Sabha passes Benami Transactions (Prohibition) Amendment Bill, 2015

July 28, 2016

The Lok Sabha has passed comprehensive Benami Transactions (Prohibition) Amendment Bill, 2015 to curb domestic black money. The comprehensive amendment bill seeks to amend and strengthen Benami Transaction (Prohibition) Act, 1988 in terms of legal and administrative procedure. Key Features ..

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Union Cabinet increases limit for foreign investment in Stock Exchanges from 5% to 15%

July 28, 2016

The Union Cabinet has given its approval for raising foreign shareholding limit from current 5% to 15% in Indian Stock Exchanges. The decision brings the investment limit of foreign entities at par with that of domestic institutions. This enhanced limit ..

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Union Cabinet approves key changes to GST Constitutional Amendment Bill

July 28, 2016

The Union Cabinet has approved amendments to the GST (goods & services tax) constitutional amendment Bill in order to incorporate suggestions made by states. This decision follows a crucial meeting of the Empowered Committee of State Finance Ministers on GST ..

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Neelamraju Ganga Prasada Rao, Father of Hybrid Sorghum passes away

July 28, 2016

Distinguished agricultural scientist Dr. Neelamraju Ganga Prasada Rao passed away in Hyderabad, Telangana following a brief illness. He was 89. He is famously known as “Father of Hybrid Sorghum”. He is also famous for his basic and applied research in ..

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Union Cabinet approves Bilateral Investment Treaty between India and Cambodia

July 28, 2016

The Union Cabinet has approved Bilateral Investment Treaty (BIT) between India and Cambodia to boost trade and business. Decision in this regard was taken during the Union Cabinet Meeting chaired by Prime Minister Narendra Modi in New Delhi. Key Facts ..

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Union Cabinet approves setting up of new AIIMS in Bhatinda

July 27, 2016

The Union Cabinet has approved the establishment of a new AIIMS at Bhatind, Punjab under the Pradhan Mantri Swasthya Suraksha Yojana (PMSSY). The medical institution will have a hospital with capacity of 750 beds which will include Emergency Beds, Private ..

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India's CSIR ranked world's 12th best Government Institute

July 27, 2016

The Council of Scientific Industrial Research (CSIR) was ranked world’s 12th best government institution out of 746 institutions. These institutes were ranked by a prestigious Scimago Institutions Rankings Report based on various parameters including the research performance, innovation and social ..

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Lok Sabha passes Lokpal and Lokayukta (Amendment) Bill, 2016

July 27, 2016

The Lok Sabha passed the Lokpal and Lokayukta (Amendment) Bill, 2016 without discussion. The bill seeks to amend the Lokpal and Lokayukta Act, 2013 which provides Lokpal (at Centre) and Lokayukta (at States) statutory backing to inquire into allegations of ..

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