Friday, March 11, 2016
Thursday, March 10, 2016
Monday, March 7, 2016
UNION BUDGET HIGHLIGHTS 2016-17
Tax
- Infrastructure and agriculture cess to be levied.
- Excise duty raised from 10 to 15 per cent on tobacco products other than beedis
- 1 per cent service charge on purchase of luxury cars over Rs. 10 lakh and in-cash purchase of goods and services over Rs. 2 lakh.
- 0.5 per cent Krishi Kalyan Cess to be levied on all services.
- Pollution cess of 1 per cent on small petrol, LPG and CNG cars; 2.5 per cent on diesel cars of certain specifications; 4 per cent on higher-end models.
- Dividend in excess of Rs. 10 lakh per annum to be taxed at additional 10 per cent.
- SUVs, Luxury cars to be more expensive. 4% high capacity tax for SUVs.
- Companies with revenue less than Rs 5 crore to be taxed at 29% plus surcharge
- Limited tax compliance window from Jun 1 – Sep 30 for declaring undisclosed income at 45% incl. surcharge and penalties
- Excise 1 per cent imposed on articles of jewellery, excluding silver.
Social
- Rs. 38,500 crore for Mahtma Gandhi MGNREGA for 2016-17
- Swacch Bharat Abhiyan allocated Rs.9,500 crores.
- Hub to support SC/ST entrpreneurs
- Government is launching a new initiative to provide cooking gas to BPL families with state support.
- LPG connections to be provided under the name of women members of family: Rs 2000 crore allocated for 5 years for BPL families.
- 2.87 lakh crore grants to gram panchayats and municipalities – a quantum jump of 228%.
- 300 urban clusters to be set up under Shyama Prasad Mukherji Rurban Mission
- Four schemes for animal welfare.
Education, Skills and Job Creation
- 62 new Navodaya Vidyalayas will be opened
- Sarva Shiksha Abhiyan to increasing focus on quality of education
- Regulatory architecture to be provided to ten public and ten private institutions to emerge as world-class Teaching and Research Institutions
- Higher Education Financing Agency to be set-up with initial capital base of ` 1000 Crores
- Digital Depository for School Leaving Certificates, College Degrees, Academic Awards and Mark sheets to be set-up.
Financial Sector Reforms
- A comprehensive Code on Resolution of Financial Firms to be introduced.
- Statutory basis for a Monetary Policy framework and a Monetary Policy Committee through the Finance Bill 2016.
- A Financial DataManagement Centre to be set up.
- RBI to facilitate retail participation in Government securities.
- New derivative products will be developed by SEBI in the Commodity Derivatives market.
- Amendments in the SARFAESI Act 2002 to enable the sponsor of an ARC to hold up to 100% stake in the ARC and permit non institutional investors to invest in Securitization Receipts.
- Comprehensive Central Legislation to be bought to deal with the menace ofillicit deposit taking schemes.
- Increasing members and benches of the Securities Appellate Tribunal.
- Allocation of ` 25,000 crore towards recapitalisation of Public Sector Banks.
- Target of amount sanctioned under Pradhan Mantri Mudra Yojana increased to ` 1,80,000 crore.
- General Insurance Companies owned by the Government to be listed in the stock exchanges.
Health
- 2.2 lakh renal patients added every year in India. Basic dialysis equipment gets some relief.
- A new health protection scheme for health cover upto 1 lakh per family.
- PM Jan Aushadhi Yojana to be strengthened, 300 generic drug store to be opened National Dialysis Service Prog with funds thru PPP mode to provide dialysis at all district hospitals.
- Senior citizens will get additional healthcare cover of Rs 30,000 under the new scheme
Energy
- Rs. 3000 crore earmarked for nuclear power generation
- Govt drawing comprehensive plan to be implemented in next 15-20 years for exploiting nuclear energy
- Govt to provide incentive for deepwater gas exploration
- Deepwater gas new disc to get calibrated market freedom, pre-determined ceiling price based on landed price of alternate fuels.
Agriculture
- Total allocation for agriculture and farmer welfare at Rs 35984 crores
- 28.5 lakh heactares of land wil be brought under irrigation.
- 5 lakh acres to be brought under organic farming over a three year period
- Rs 60,000 crore for recharging of ground water recharging as there is urgent need to focus on drought hit areas cluster development for water conservation.
- Dedicated irrigation fund in NABARD of Rs.20.000 cr
- Nominal premium and highest ever compensation in case of crop loss under the PM Fasal Bima Yojna.
Banking
- Banks get a big boost: Rs 25,000 crore towards recapitalisation of public sector banks. Jaitley says: Banking Board Bureau will be operationalised, we stand solidly behind public sector banks.
- Target of disbursement under MUDRA increased to 1,80,000 crore
- Process of transfer of government stake in IDBI Bank below 50% started
- General Insurance companies will be listed in the stock exchange
- Govt to increase ATMs, micro-ATMs in post offices in next three years
Investments and infrastructure
- Rs. 27,000 crore to be spent on roadways
- 65 eligible habitats to be connected via 2.23 lakh kms of road. Current construction pace is 100 kms/day
- Shops to be given option to remain open all seven days in a week across markets.
- Rs. 55,000 crore for roads and highways. Total allocation for road construction, including PMGSY, – Rs 97,000 crore
- India’s highest-ever production of motor vehicles was recorded in 2015
- Total outlay for infrastructure in Budget 2016 now stands at Rs. 2,21,246 crore
- 100 per cent FDI in marketing of food products produced and marketed in India
- Dept. of Disinvestment to be renamed as Dept. of Investment and Public Asset Management
- Govt will amend Motor Vehicle Act in passenger vehicle segment to allow innovation.
- MAT will be applicable for startups that qualify for 100 per cent tax exemption
- Direct tax proposals result in revenue loss of Rs.1060 crore, indirect tax proposals result in gain of Rs.20,670 crore
- New greenfield ports to be developed on east and west coasts
- Revival of undeserved airports. Centre to Partner with States to revive small airports for regional connectivity
Roadmap & Priorities
- ‘Transform India’ to have a significant impact on economy and lives of people.
- Focus on enhancing expenditure in priority areas of – farm and rural sector, social sector, infrastructure sector employment generation and recapitalisation of the banks.
- Continue with the ongoing reform programme and ensure passage of the Goods and Service Tax bill and Insolvency and Bankruptcy law.
Rural Sector
- Allocation for rural sector – ` 87,765 crore.
- 2.87 lakh crore will be given as Grant in Aid to Gram Panchayats and Municipalities as per the recommendations of the 14th Finance Commission
- Every block under drought and rural distress will be taken up as an intensive Block under the Deen Dayal Antyodaya Mission
- A sum of ` 38,500 crore allocated for MGNREGS.
- 300 Rurban Clusters will be developed under the Shyama Prasad Mukherjee Rurban Mission
- A new Digital Literacy Mission Scheme for rural India to cover around 6 crore additional household within the next 3 years.
- National Land Record Modernisation Programme has been revamped.
- New scheme Rashtriya Gram Swaraj Abhiyan proposed with allocation of ` 655 crore
- 100% village electrification by 1st May, 2018.
- District Level Committees under Chairmanship of senior most Lok Sabha MP from the district for monitoring and implementation of designated Central Sector and Centrally Sponsored Schemes.
- Priority allocation from Centrally Sponsored Schemes to be made to reward villages that have become free from open defecation.
Labels:
BUDGET 2016-17
Oscar Awards 2016 Winners List
Best Picture : 'Spotlight'
Direction : 'The Revenant,' Alejandro G. Iñárritu
Actor : Leonardo DiCaprio, 'The Revenant'
Actress : Brie Larson, 'Room'
Supporting Actor : Mark Rylance, 'Bridge of Spies'
Supporting Actress : Alicia Vikander, 'The Danish Girl'
Adapted Screenplay : 'The Big Short,' Charles Randolph and Adam McKay
Original Screenplay : 'Spotlight,' Josh Singer and Tom McCarthy
Cinematography : 'The Revenant,' Emmanuel Lubezki
Production Design : 'Mad Max: Fury Road,' Colin Gibson and Lisa Thompson (set decoration)
Film Editing : 'Mad Max: Fury Road,' Margaret Sixel
Visual Effects : 'Ex Machina,' Andrew Whitehurst, Paul Norris, Mark Ardington and Sara Bennett
Costume Design : 'Mad Max: Fury Road,' Jenny Beavan
Makeup : 'Mad Max: Fury Road,' Lesley Vanderwalt, Elka Wardega and Damian Martin
Sound Editing : 'Mad Max: Fury Road,' Mark Mangini and David White
Sound Mixing : 'Mad Max: Fury Road,' Chris Jenkins, Gregg Rudloff and Ben Osmo
Score : 'The Hateful Eight,' Ennio Morricone
Song : 'Writing’s on the Wall,' from 'Spectre,' Jimmy Napes and Sam Smith
Foreign Language Film : 'Son of Saul' (Hungary)
Animated Feature: 'Inside Out'
Documentary Feature : 'Amy'
Animated Short : 'Bear Story'
Documentary Short : 'A Girl in the River: The Price of Forgiveness'
Live Action Short : 'Stutterer'
Direction : 'The Revenant,' Alejandro G. Iñárritu
Actor : Leonardo DiCaprio, 'The Revenant'
Actress : Brie Larson, 'Room'
Supporting Actor : Mark Rylance, 'Bridge of Spies'
Supporting Actress : Alicia Vikander, 'The Danish Girl'
Adapted Screenplay : 'The Big Short,' Charles Randolph and Adam McKay
Original Screenplay : 'Spotlight,' Josh Singer and Tom McCarthy
Cinematography : 'The Revenant,' Emmanuel Lubezki
Production Design : 'Mad Max: Fury Road,' Colin Gibson and Lisa Thompson (set decoration)
Film Editing : 'Mad Max: Fury Road,' Margaret Sixel
Visual Effects : 'Ex Machina,' Andrew Whitehurst, Paul Norris, Mark Ardington and Sara Bennett
Costume Design : 'Mad Max: Fury Road,' Jenny Beavan
Makeup : 'Mad Max: Fury Road,' Lesley Vanderwalt, Elka Wardega and Damian Martin
Sound Editing : 'Mad Max: Fury Road,' Mark Mangini and David White
Sound Mixing : 'Mad Max: Fury Road,' Chris Jenkins, Gregg Rudloff and Ben Osmo
Score : 'The Hateful Eight,' Ennio Morricone
Song : 'Writing’s on the Wall,' from 'Spectre,' Jimmy Napes and Sam Smith
Foreign Language Film : 'Son of Saul' (Hungary)
Animated Feature: 'Inside Out'
Documentary Feature : 'Amy'
Animated Short : 'Bear Story'
Documentary Short : 'A Girl in the River: The Price of Forgiveness'
Live Action Short : 'Stutterer'
Labels:
CURRENT AFFAIRS 2016
Dadasaheb Phalke Award Winners list till 2015
Year | Winner | Occupation | |
2015 | Manoj Kumar | Actor and Director | |
2014 | Shashi Kapoor | Actor, Director and Producer | |
2013 | Gulzar | Poet, Lyricist and Director | |
2012 | Pran | Actor | |
2011 | Soumitra Chatterjee | Actor | |
2010 | K. Balachander | Director | |
2009 | D. Ramanaidu | Producer | |
2008 | VK Murthy | Cinematographer | |
2007 | Manna Dey | Singer | |
2006 | Tapan Sinha | Director | |
2005 | Shyam Benegal | Director | |
2004 | Adoor Gopalakrishnan | Director | |
2003 | Mrinal Sen | Director | |
2002 | Dev Anand | Actor, Director and Producer | |
2001 | Yash Chopra | Director and Producer | |
2000 | Asha Bhosle | Singer | |
1999 | Hrishikesh Mukherjee | Director | |
1998 | B.R. Chopra | Director and Producer | |
1997 | Pradeep | Lyricist | |
1996 | Sivaji Ganesan | Actor | |
1995 | Rajkumar | Actor | |
1994 | Dilip Kumar | Actor | |
1993 | Majrooh Sultanpuri | Lyricist | |
1992 | Bhupen Hazarika | Composer (Music Director) | |
1991 | Bhalji Pendharkar | Director, Producer and Writer | |
1990 | Akkineni Nageswara Rao | Actor | |
1989 | Lata Mangeshkar | Singer | |
1988 | Ashok Kumar | Actor | |
1987 | Raj Kapoor | Actor and Director | |
1986 | B. Nagi Reddy | Producer | |
1985 | V. Shantaram | Actor, Director and Producer | |
1984 | Satyajit Ray | Director | |
1983 | Durga Khote | Actress | |
1982 | L. V. Prasad | Actor, Director and Producer | |
1981 | Naushad Ali | Composer (Music Director) | |
1980 | Paidi Jairaj | Actor and Director | |
1979 | Sohrab Modi | Actor, Director and Producer | |
1978 | Rai Chand Boral | Composer and Director | |
1977 | Nitin Bose | Cinematographer, Director and Writer, | |
1976 | Kanan Devi | Actress | |
1975 | Dhirendranath Ganguly | Actor and Director | |
1974 | Bomireddi Narasimha Reddy | Director | |
1973 | Ruby Myers (Sulochana) | Actress | |
1972 | Pankaj Mullick | Composer (Music Director) | |
1971 | Prithviraj Kapoor | Actor (Posthumous) | |
1970 | B. N. Sircar | Producer | |
1969 | Devika Rani | Actress |
Labels:
CURRENT AFFAIRS 2016
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