Page-39 of Current Affairs - July, 2021

Cabinet approves Rs 3 trn outlay for Power Reform scheme

Cabinet Committee on Economic Affairs (CCEA) has approved a Rs 3.03 trillion power distribution company (DISCOM) reform scheme on June 30, 2021. Under the scheme, Centre’s share will be about Rs 97,631 crore. About DISCOM reform scheme It is a ..

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Google publishes report under new IT rules

Tech Giant, Google released its Transparency report on June 30, 2021 in compliance with the IT rules. Key points of Transparency report Transparency report was published as India tightens its stand against google for its new IT rules. As per ..

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Elon Musk’s Starlink to provide Internet globally

According to Tesla and SpaceX chief executive, Elon Musk, Starlink was on track to provide global internet coverage. Starlink has over 70,000 users across 12 countries, presently. Key Points He underlined; SpaceX is ready to spend about $30 billion to ..

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RBI Report: India’s Current Account surplus of 0.9% of GDP in FY21

As per data released by Reserve Bank of India (RBI), India has reported a current account surplus of 0.9 per cent of GDP in the Financial Year 2021 (FY21) amid the covid-19 pandemic. In 2020, it has reported current account ..

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UN Report on International tourism

According to the report by UNCTAD and UN’s World Tourism Organisation (WTO), International tourism arrivals are set to stagnate in 2021, except in some Western markets. Key findings of report As per report, stagnation would result into losses of $2.4 ..

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New TDS Rules from July 1

A new Tax Deducted at Source (TDS) rule is coming into effect from July 1, 2021. What are those new rules? Under the new rules, non-filer of income tax for past two financial years will be subjected to higher taxation. ..

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CBSE-NPCI launches Financial literacy curriculum for students

Central Board of Secondary Education (CBSE) and National Payments Corporation of India (NPCI) have partnered to introduce a financial literacy curriculum for students of Class VI. Financial Literacy Textbook It was launched as part of new elective ‘financial literacy’ subject ..

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Cabinet approves BharatNet PPP model

Union Cabinet chaired by Prime Minister Narendra Modi approved for revised implementation strategy of BharatNet under Public Private Partnership mode on June 30, 2021. Key Points Project would be implemented across16 States of India. Under the revised proposal, BharatNet will ..

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First voyage of Green Freight Corridor-2

Ministry of Shipping launched the maiden voyage under Green Freight Corridor-2 on June 30, 2021. Key points Green Freight Corridor-2 is a coastal shipping service. Voyage was launched from Cochin port to Beypore and Azhikkal ports located in north Kerala. ..

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Report: 1 bn tonnes CO2 to be removed by 2025 to meet climate goal

According to a report released by “Coalition for Negative Emissions (CNE) & McKinsey”, Projects in development will remove only some fraction of the amount of carbon dioxide (CO2) from air to meet the 2025 climate change goal. Highlights About 190 ..

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