Current Affairs 29th July

Current Affairs 29th July                                                                                                                                                      rajras

• Lok Sabha has passed comprehensive Benami Transactions (Prohibition) Amendment Bill, 2015 to curb domestic black money.
• Bill seeks to:
  • Amend the definition of benami transactions,
  • Establish adjudicating authorities and an Appellate Tribunal to deal with benami transactions,
  • Specify the penalty for entering into benami transactions.

• Union Cabinet has approved amendments to the GST (goods & services tax) constitutional amendment Bill
  • Inclusion of five years compensation clause for state governments for any loss that they may incur.
  • Adjudication of dispute between states and the Union Government by the GST Council, which will have representation from both the Centre and states.
  • Removal of 1% additional manufacturing levy tax by manufacturing States from the Bill.
  • Removal of 1% additional tax on inter-state sales as proposed in the Constitutional Bill.

• Union Cabinet has approved raising foreign shareholding limit from current 5% to 15% in Indian Stock Exchanges.

• Union Cabinet has approved the establishment of a new AIIMS at Bhatinda, Punjab under the Pradhan Mantri Swasthya Suraksha Yojana (PMSSY).

• Rajya Sabha on Thursday unanimously passed the Compensatory and Afforestation Fund (CAF) Bill, 2016 that allows States to access nearly Rs. 42,000 crore and channel into afforestation projects.
  • The bill also establishes National Compensatory Afforestation Fund and a State Compensatory Afforestation Fund under each State

• 28^th July: World Hepatitis Day
  • 2016 Theme: “Elimination”. It focuses on elimination of hepatitis as a public health threat by 2030.
  • There are 5 different types of hepatitis viz. A, B, C, D and E, caused by 5 different virus.

• India has signed a defence deal with United States for purchase of four additional Poseidon-8I (P8I) long-range maritime surveillance and anti-submarine warfare aircraft.
  • The P-8I is a variant of the P-8A Poseidon that Boeing is developing for the US Navy.

• The International Cricket Council (ICC) has selected Muttiah Muralidaran(Sri Lanka) , Arthur Morris(Australia), George Lohmann(Engkland), and Karen Rolton(Australia)(Woman) to be inducted into the ICC Cricket Hall of Fame.

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

• Eminent figure in Bengali literature and a respected social activist , Mahasweta Devi, who lent her voice to the poor, passed away at a private hospital here on Thursday.
  • The litterateur was honoured with the Sahitya Akademi, Jnanpith and the Magsaysay awards

• Because of Fuel shortage, the Tripura government on Thursday enforced the odd-even formula for vehicles.
  • Connectivity issues as stretches of the Assam-Agartala National Highway 44 have been damaged.

• Tamil Nadu government has approached the Supreme Court seeking a permanent injunction against the newly bifurcated Andhra Pradesh from building new check dams and diversion structures on Palar River.
  • TN has cited a 124-year-old agreement between the erstwhile States of Madras and Mysore on the sharing of Palar water.
  • Palar River originates in Nandh Durg Hills of Kolar district in Karnataka, flows through Vellore and Kancheepuram districts of Tamil Nadu before falling into the Bay of Bengal.

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