Page-31 of Current Affairs - March, 2019
Income tax exemption limit on gratuity doubled to Rs 20 lakh
The government has increased the tax-free gratuity income limit to Rs 20 lakh. This move will benefit the public as well as private sector employees. What is Gratuity? Gratuity is the monetary benefit provided by the employer to his/her employee ..
Month: Current Affairs - March, 2019
Cabinet Clears Ordinance on Reservation Roster for University Teachers
The Union Cabinet headed by Prime Minister Narendra Modi has cleared the ordinance for the Reservation Roster for University Teachers. What was the issue? Following an order by the Allahabad high court in April 2017, the University Grants Commission had ..
Month: Current Affairs - March, 2019
RBI Notifies Norms for 2% Interest Subsidy Scheme for Short-term Crop Loans
The Reserve Bank of India (RBI) has notified the norms for banks with regards to two per cent interest subvention or subsidy for short-term crop loans during 2018-19 and 2019-20 under the interest subvention scheme approved by the central government. ..
Month: Current Affairs - March, 2019
Madhya Pradesh to increase the OBC quota and implement EWS
The government of Madhya Pradesh has announced the increase of the reservation quotas for the OBCs and has stated that it would also implement 10 per cent quota for the Economically Weaker Sections (EWS) under the general category. The government ..
Month: Current Affairs - March, 2019
Mukhyamantri Anchal Amrit Yojana
The government of Uttarakhand has launched the Mukhyamantri Anchal Amrit Yojana to provide milk at the Anganwadi Centres. About the Scheme Under the Mukhyamantri Anchal Amrit Yojana, the government would provide 100 ml milk twice a week for 2.5 lakh children ..
Month: Current Affairs - March, 2019
PM inaugurates Nagpur Metro
With the inauguration of Nagpur Metro, Nagpur has become the second city of the state of Maharashtra after Mumbai to get a Metro Rail. Nagpur Metro PM inaugurated a 13.5-kilometre stretch comprising five stations from Khapri to Sitabuldi. The Nagpur Metro ..