Page-18 of Current Affairs - March, 2013

Budget Box: Countrywide coverage of Direct Benefit Transfer Scheme – “Aapka Paisa, Aapke Haath”

March 3, 2013

Government’s direct cash transfer programme- the Direct Benefit Transfer Scheme which began on January 1, 2013 which benefitted 11 lakh poor people will be rolled out throughout the country. “Aapka Paisa, Aapke Haath” Slogan for the Direct Cash Transfer scheme ..

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Budget Box: Fiscal deficit for 2012-13 contained at 5.2%

March 2, 2013

As per Finance Minister P Chidambaram, government has contained the fiscal deficit for the current financial year at 5.2% of GDP, lower than 5.3% as was targeted. Revenue Deficit has been contained at 3.9% in the current fiscal. Future Roadmap: ..

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Budget Box: ‘Nirbhaya Fund’ to be created for women safety & empowerment

March 2, 2013

As proposed in the Budget 2013-14, government will set up ‘Nirbhaya Fund’ of Rs 1,000 crore for safety and empowerment of women. Nirbhaya (fearless) was the pseudonym given to the victim of the inhumane Delhi-bus incident to hide her actual ..

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Budget Box: Proposal to introduce IIBs ‘Inflation-Indexed Bonds’ to encourage savings

March 1, 2013

The Budget 2013-14 has proposed to introduce Inflation-Indexed Bonds or IIBs with the aim to control rising Current Account Deficit, fiscal deficit and inflation. The move by the government has been lauded by the RBI saying that the step is ..

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Budget Box: Super rich tax, other proposals to add Rs 18,000 cr to exchequer

March 1, 2013

Government exchequer would gain Rs. 18,000 crore from the new tax proposals in Budget 2013-14 including 10% surcharge on super rich and higher duties on mobiles, cigarettes and SUVs. A surcharge of 10% has been imposed on persons (other than ..

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Budget Box: India to have first public sector Women’s Bank

March 1, 2013

Bank for the women, by the women and to the women… To create a level playing field for women in banking sector, an initial capital of Rs 1,000 crore has been committed in the current Budget for the establishment of ..

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For the first time scientists measure the spin rate of Super-massive black hole

March 1, 2013

Scientists, for the first time, have measured the spin rate of a super-massive black hole — and found it is rotating at nearly the speed of light. How did they measure this? Astronomers measured the spin rate of the super-massive ..

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Sugata Mitra wins TED Prize for Extraordinary Creativity

March 1, 2013

Educational researcher Sugata Mitra has been awarded the million-dollar TED Prize for pursuing his idea for building the schools in the Internet. Mitra is Professor of Educational Technology at the School of Education, Communication and Language Sciences at Newcastle University, ..

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