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8 KEY DEVELOPMENTS IN INDIA
Posted By educratsweb.com ❄ General Awareness 🗓 Saturday April 11 2020 👁 3928 KEY DEVELOPMENTS IN INDIA
1Historic tax reform
The Goods and Services Tax (GST) came into effect across India from 01 July 2017. GST has turned all 36 states and union territories of India into one common market. By curbing and cascading taxes, GST has also reduced the cost of local production. The GST rate on more than 200 products has been reduced from 28% to 18%. GST is expected to increase overall efficiency and productivity, thereby attracting more foreign direct investment (FDI).1 Taxpaying is much easier in India because of factors like the introduction of GST and digitisation of processes. A fact that is captured in the World Bank Doing Business Report 2018 declares that India’s ranking on the ‘Paying Taxes’ indicator has improved by 53 places.2 The Government has also formed a Goods & Services Tax Council, for making recommendations to the Union and State Government on issues related to Goods and Service Tax. The regular meetings and proactive remedial actions of the council have ensured effective implementation and better control.3
2Digitisation drive
Systems from taxation to incorporating a company are being moved online, through e-governance. The Ministry of Corporate Affairs (MCA) has taken the following major initiatives to deliver faster and clear processes towards Ease of Doing Business and standardization: Introduction of web-based service Reserve Unique Name (RUN) for making the name reservation process quick and easy. Re-engineering the process of allotment of Director Identification Number (DIN) by allotting it through the combined SPICe form Exemption of MCA fee for company incorporation E-KYC drive for directors of all companies India has improved its ranking on the World Bank's Doing Business 2019 report released on 31 October 2018, by moving up to number 77.
3New insolvency code
The Insolvency and Bankruptcy Code 2016 (enacted on 28 May 2016) consolidates all rules and laws relating to insolvency into a single legislation. This has helped India’s bankruptcy code to be at par with global standards. The code is designed to promote entrepreneurship—it enables companies to tide over financial difficulties and opt for restructuring while fulfilling orders at the same time. It also promotes greater confidence among investors and increases credit availability, by strengthening procedures.
By October 2017, more than 2,050 insolvency applications had been filed before the National Company Law Tribunal and 112 applications had been admitted. The code has helped India improve the Ease of Doing Business. India moved up 33 ranks in the Resolving Insolvency indicator of the World Bank’s Doing Business Report in 2017.
4Institutional reforms
A social revolution is coming up in India under the moniker JAM: Jan Dhan Yojana for financial inclusion, Aadhaar biometric identification and mobile telecommunications. As of February 2019, the number of Aadhaar cards assigned to the total population is 1.52 bn.1 The Prime Minister’s Jan Dhan Yojana (PMJDY) is a financial inclusion programme that makes services like banking, remittance and insurance available to every Indian at an affordable cost. Beneficiaries can open a zero-balance account. As of 08 May 2019, 356 mn new bank accounts were opened under the PMJDY. More than 211 mn of these accounts are in rural India, and around 190 mn are operated by women.2
5Radical changes in FDI policy regime
As of January 2018, the Union Cabinet chaired by the Prime Minister Shri Narendra Modi has given its approval to a number of amendments in the FDI Policy. FDI policy has been further liberalized in key sectors: 100% FDI under automatic route for Single Brand Retail Trading 100% FDI under automatic route in Construction Development Foreign airlines allowed to invest up to 49% under approval route in Air India FIIs/FPIs allowed to invest in Power Exchanges through primary market Definition of ‘medical devices’ amended in the FDI Policy The amendments will liberalise and simplify the FDI policy to provide ease of doing business, larger FDI inflows contributing to growth of investment, income and employment.1
Source 1
6Infrastructure push
The programmes to build infrastructure and connect India are picking up pace. The 2019 budget is seeing an allocation of $9.27 Bn and the highest ever capital expenditure of $22.77 Bn for Indian Railways.1 The plan to build 83,677 km of roads is underway and will complete by 2021-22. The Bharatmala Pariyojana programme accounts for 34,800 km of roads at a cost of $7.713 Bn.2 This will create 142 mn man-days of jobs in the process. The remaining 48,877 km will be developed by the National Highway Authority of India and the Ministry of Road Transport and Highways. The Sagarmala Programme, on the other hand, focuses on connectivity by sea. It forecasts a role for multiple central ministries and agencies, as well as state governments. As on 30 September 2018, a total of 522 projects at a cost of $6.18 Bn were under various stages of implementation, development and completion.3 The projects are across port modernization, new port development, port connectivity enhancement, port-linked industrialization and coastal community development.
7Technology readiness
As of 2018, more than 118,000 Gram Panchayats or Village Councils have access to high-speed broadband because of Government of India's BharatNet project. BharatNet is probably the world's largest rural broadband project. As of 2018, 0.32 mn km of optical fibre cable is laid across 127,210 Gram Panchayats as part of the project.1 BharatNet is expected to make digital delivery of services for health, education, livelihood, skills training, e-agriculture and e-commerce available to the rural poor, in addition to generating huge employment opportunities. An impressive fact under BharatNet is that the total Data used per month in March 2019 is 0.14 mn GB.2 Apart from BharatNet, India has more than 1 bn mobile phone subscriptions and 462 mn Internet users.
8Renewable energy
Globally, India is number fifth for overall installed renewable energy capacity, fourth for wind power and fifth for solar power.1 As of 2018, solar energy projects capable of producing 22 GW have been installed in the country. More than 100 bn units of electricity have been generated in 2017 using renewable energy.2 The Government of India has set a target to install 175 GW renewable power capacity by the end of 2022. This includes 60 GW from wind power, 100 GW from solar power, 10 GW from biomass power and 5 GW from small hydropower.
8 KEY DEVELOPMENTS IN INDIA
Sources https://www.makeinindia.com/eight-key-developments-in-india
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34 Oil India Limited invites online applications in the prescribed format from eligible Indian Nationals for Recruitment and filling up the various 54 latest vacancy job posts of Grade-A, Grade-B, and Grade-C Officers in various disciplines. (Advertisement No. EX RECT/2020/01) #Sarkari Naukri 6 Days Remaining for Apply
Oil India Limited invites online applications in the prescribed format from eligible Indian Nationals for Recruitment and filling up the various 54 latest vacancy job posts of Grade-A, Grade-B, and Grade-C Officers in various disciplines. (Advertisement No. EX RECT/2020/01) Oil India Limited (OIL), a Navratna Public Sector Undertaking, is a pioneer national upstream Oil and Gas Company invites online application in the prescribed format for Grade-A, Grade-B, and Grade-C Officer vacancy rec ...
Oil India Limited invites online applications in the prescribed format from eligible Indian Nationals for Recruitment and filling up the various 54 latest vacancy job posts of Grade-A, Grade-B, and Grade-C Officers in various disciplines. (Advertisement No. EX RECT/2020/01) Oil India Limited (OIL), a Navratna Public Sector Undertaking, is a pioneer national upstream Oil and Gas Company invites online application in the prescribed format for Grade-A, Grade-B, and Grade-C Officer vacancy rec ...
35 Recruitment for Non-Faculty Vacancy in IGIMS Patna #Bihar 7 Days Remaining for Apply
Recruitment for Non-Faculty Vacancy in IGIMS Patna Applications are invited by the Director, Indira Gandhi Institute of Medical Sciences (IGIMS), Patna (Bihar) on prescribed recruitment application proforma from Indian citizens for appointment on various Non-Teaching/Non-Faculty Para-Medical Sarkari Naukri vacancy posts at IGIMS, Patna in various departments. (Advertisement No. 08/Non-Faculty Post/Estt./GIMS/2020) IGIMS Patna Non-Faculty Recruitment 20 ...
Recruitment for Non-Faculty Vacancy in IGIMS Patna Applications are invited by the Director, Indira Gandhi Institute of Medical Sciences (IGIMS), Patna (Bihar) on prescribed recruitment application proforma from Indian citizens for appointment on various Non-Teaching/Non-Faculty Para-Medical Sarkari Naukri vacancy posts at IGIMS, Patna in various departments. (Advertisement No. 08/Non-Faculty Post/Estt./GIMS/2020) IGIMS Patna Non-Faculty Recruitment 20 ...
36 UPSC Geo-Scientist Geologist Recruitment Examination 2021 #UPSC 17 Days Remaining for Apply
UPSC Geo-Scientist Geologist Recruitment Examination 2021 Union Public Service Commission (UPSC), Shahjahan Road, Dholpur House, New Delhi – 110069 will hold a Combined Geo-Scientist (Preliminary) Examination, 2021 (Computer Based Test) on 21/02/2021 for selection to Combined Geo-Scientist (Main) Examination, 2021 for recruitment to following 40 Govt. Job Sarkari Naukri Vacancy posts of Geophysicist, Chemist, and Hydrogeologists (Scientist B) in Geologica ...
UPSC Geo-Scientist Geologist Recruitment Examination 2021 Union Public Service Commission (UPSC), Shahjahan Road, Dholpur House, New Delhi – 110069 will hold a Combined Geo-Scientist (Preliminary) Examination, 2021 (Computer Based Test) on 21/02/2021 for selection to Combined Geo-Scientist (Main) Examination, 2021 for recruitment to following 40 Govt. Job Sarkari Naukri Vacancy posts of Geophysicist, Chemist, and Hydrogeologists (Scientist B) in Geologica ...
37 Recruitment of Accounts Clerk Vacancy in Uttar Pradesh Power Corporation Ltd (UPPCL) 2020 #Uttar Pradesh 3 Days Remaining for Apply
Recruitment of Accounts Clerk Vacancy in Uttar Pradesh Power Corporation Ltd (UPPCL) 2020 Uttar Pradesh Power Corporation Ltd (UPPCL) invites online application on prescribed format from eligible Indian Nationals for direct recruitment to the following Sarkari Naukri vacancy posts of Accounts Clerk (AC) - Lekha Lipik (लेखा लिपिक) for various offices of Uttar Pradesh Power Corporation Ltd. (UPPCL) (Advt. No. 06/VSA/2020/LL). SarkariNaukriBlog ...
Recruitment of Accounts Clerk Vacancy in Uttar Pradesh Power Corporation Ltd (UPPCL) 2020 Uttar Pradesh Power Corporation Ltd (UPPCL) invites online application on prescribed format from eligible Indian Nationals for direct recruitment to the following Sarkari Naukri vacancy posts of Accounts Clerk (AC) - Lekha Lipik (लेखा लिपिक) for various offices of Uttar Pradesh Power Corporation Ltd. (UPPCL) (Advt. No. 06/VSA/2020/LL). SarkariNaukriBlog ...
38 Bihar PSC Museum Official Recruitment 2020 Vacancies #Bihar 6 Days Remaining for Apply
Bihar Public Service Commission (BPSC) invites Online Applications from Indian Citizens for the recruitment 2020 of following Faculty Sarkari Naukri vacancy posts of Officials in Bihar Museum for Art, Culture & Youth Department of Government of Bihar. (Advertisement No. 65/2020) Bihar PSC Museum Official Recruitment 2020 Vacancies ...
Bihar Public Service Commission (BPSC) invites Online Applications from Indian Citizens for the recruitment 2020 of following Faculty Sarkari Naukri vacancy posts of Officials in Bihar Museum for Art, Culture & Youth Department of Government of Bihar. (Advertisement No. 65/2020) Bihar PSC Museum Official Recruitment 2020 Vacancies ...
39 NIPER Hyderabad Non-Teaching Recruitment 2020 Vacancies #Telangana 16 Days Remaining for Apply
Online Applications on prescribed format are invited at The National Institute of Pharmaceutical Education & Research (NIPER), Hyderabad (Telangana) from the eligible Indian Nationals for direct recruitment of the following 16 Non-faculty Government Job vacancy posts on regular basis through open competition on all India basis. (Advt. No. NIPER-HYD/02/2020-21) ...
Online Applications on prescribed format are invited at The National Institute of Pharmaceutical Education & Research (NIPER), Hyderabad (Telangana) from the eligible Indian Nationals for direct recruitment of the following 16 Non-faculty Government Job vacancy posts on regular basis through open competition on all India basis. (Advt. No. NIPER-HYD/02/2020-21) ...
40 Faculty Vacancy Recruitment in Damodaram Sanjivayya National Law University (DSNLU) Visakhapatnam 2020 #Andhra Pradesh 16 Days Remaining for Apply
Faculty Vacancy Recruitment in DSNLU Visakhapatnam 2020 The Government of Andhra Pradesh has established Damodaram Sanjivayya National Law University (DSNLU) at Visakhapatnam. Application in the prescribed format is invited for the following Faculty Sarkari Naukri Vacancy in DSNLU Visakhapatnam, Andhra Pradesh on 5 years contract tenure basis (renewable). (Advertisement No. DSNLU/TS-01/2020). ...
Faculty Vacancy Recruitment in DSNLU Visakhapatnam 2020 The Government of Andhra Pradesh has established Damodaram Sanjivayya National Law University (DSNLU) at Visakhapatnam. Application in the prescribed format is invited for the following Faculty Sarkari Naukri Vacancy in DSNLU Visakhapatnam, Andhra Pradesh on 5 years contract tenure basis (renewable). (Advertisement No. DSNLU/TS-01/2020). ...
41 Recruitment of School Lecturers 2020 by Uttarakhand PSC #Uttarakhand 8 Days Remaining for Apply
Recruitment of School Lecturers 2020 by Uttarakhand PSC The Uttarakhand Public Service Commission (UK PSC) at Haridwar (Uttarakhand) invites Online applications from Indian Nationals for recruitment of following 12 Sarkari Naukri vacancy posts of Lecturer (Group-C) under Uttarkhand Subordinate Education Service. (Advt. No. A-1/S-1/2020) ...
Recruitment of School Lecturers 2020 by Uttarakhand PSC The Uttarakhand Public Service Commission (UK PSC) at Haridwar (Uttarakhand) invites Online applications from Indian Nationals for recruitment of following 12 Sarkari Naukri vacancy posts of Lecturer (Group-C) under Uttarkhand Subordinate Education Service. (Advt. No. A-1/S-1/2020) ...
42 Stenographer Recruitment Exam 2020 by SSC #SSC 11 Days Remaining for Apply
Stenographer Grade ‘C’ and ‘D’ Examination 2020 by SSC The Staff Selection Commission (SSC) will hold an open competitive Computer Based Examination 2020 from 29/03/2021 to 31/03/2021 for Recruitment of Government Jobs (Sarkari Naukri) Vacancy of Stenographer Grade ‘C’ (Group ‘B’, Non-Gazetted) and Stenographer Grade ‘D’ (Group ‘C’) for various Ministries/ Departments/ Organizations in the Government of India ...
Stenographer Grade ‘C’ and ‘D’ Examination 2020 by SSC The Staff Selection Commission (SSC) will hold an open competitive Computer Based Examination 2020 from 29/03/2021 to 31/03/2021 for Recruitment of Government Jobs (Sarkari Naukri) Vacancy of Stenographer Grade ‘C’ (Group ‘B’, Non-Gazetted) and Stenographer Grade ‘D’ (Group ‘C’) for various Ministries/ Departments/ Organizations in the Government of India ...
43 UPSC Government Jobs Recruitment 12/2020 Vacancies #UPSC 5 Days Remaining for Apply
Union Public Service Commission (UPSC), Dholpur House, New Delhi invites Online application on prescribed recruitment form by 29/10/2020 for following Sarkari Naukri Government Jobs vacancy posts especially Specialist (Faculty - Assistant Professor), Foreman, Scientific Assistant, Engineer etc. in various Central Government Departments/Organisations in the prescribed online format (Advt. No. 12/2020). ...
Union Public Service Commission (UPSC), Dholpur House, New Delhi invites Online application on prescribed recruitment form by 29/10/2020 for following Sarkari Naukri Government Jobs vacancy posts especially Specialist (Faculty - Assistant Professor), Foreman, Scientific Assistant, Engineer etc. in various Central Government Departments/Organisations in the prescribed online format (Advt. No. 12/2020). ...
44 DRDO Scholarship Scheme for Girls in Aerospace Engg / Aeronautical Engg / Space Engg & Rocketry / Avionics / Aircraft Engg #Scholorship 22 Days Remaining for Apply
GOVT. OF INDIA, MINISTRY OF DEFENCE DEFENCE R&D ORGANIZATION (DRDO) DRDO Scholarship Scheme for Girls in Aerospace Engg / Aeronautical Engg / Space Engg & Rocketry / Avionics / Aircraft Engg Registrations will start from 19th July 2020 15th Aug 2020 onwards ...
GOVT. OF INDIA, MINISTRY OF DEFENCE DEFENCE R&D ORGANIZATION (DRDO) DRDO Scholarship Scheme for Girls in Aerospace Engg / Aeronautical Engg / Space Engg & Rocketry / Avionics / Aircraft Engg Registrations will start from 19th July 2020 15th Aug 2020 onwards ...
45 FSSAI invites application for engagingone Consultant/Young Professional (Legal) #Jobs 4 Days Remaining for Apply
he Food Safety and Standards Authority of India (FSSAI) is an autonomous statutory Authority set up under the Food Safety and Standards Act, 2006 for laying down science based standards for articles of food and to regulate their manufacture, storage, distribution, sale and import, to ensure availability of safe and wholesome food for human consumption. FSSAI proposes to fill-up positions inviting applications from self-motivated professionals to be engaged on contract basis as ...
he Food Safety and Standards Authority of India (FSSAI) is an autonomous statutory Authority set up under the Food Safety and Standards Act, 2006 for laying down science based standards for articles of food and to regulate their manufacture, storage, distribution, sale and import, to ensure availability of safe and wholesome food for human consumption. FSSAI proposes to fill-up positions inviting applications from self-motivated professionals to be engaged on contract basis as ...
46 Recruitment of Manager vacancy in SPMCIL 2020 #Management 25 Days Remaining for Apply
Recruitment of Manager vacancy in SPMCIL 2020 Security Printing and Minting Corporation of India Limited (SPMCIL) is looking forward to recruiting high calibre and talented professionals and invites online applications on prescribed form for the following 16 Government Job Vacancy of Assistant Manager position in various disciplines 2020. (Advertisement No. 04/2020-CP). Published at https://www.SarkariNaukriBlog.com ...
Recruitment of Manager vacancy in SPMCIL 2020 Security Printing and Minting Corporation of India Limited (SPMCIL) is looking forward to recruiting high calibre and talented professionals and invites online applications on prescribed form for the following 16 Government Job Vacancy of Assistant Manager position in various disciplines 2020. (Advertisement No. 04/2020-CP). Published at https://www.SarkariNaukriBlog.com ...
47 Recruitment of Faculty vacancy in Cotton University 2020 #Faculty & Teaching 24 Days Remaining for Apply
Recruitment of Faculty vacancy in Cotton University 2020 Application in the prescribed format is invited for the following Faculty Sarkari Naukri vacancy positions at the levels of Professor, Associate Professor, and Assistant Professors for Direct Recruitment on Regular Basis in under Cotton University, Guwahati (Assam) in various subjects/disciplines (Advertisement No. Recruitment/CU/2020/06). ...
Recruitment of Faculty vacancy in Cotton University 2020 Application in the prescribed format is invited for the following Faculty Sarkari Naukri vacancy positions at the levels of Professor, Associate Professor, and Assistant Professors for Direct Recruitment on Regular Basis in under Cotton University, Guwahati (Assam) in various subjects/disciplines (Advertisement No. Recruitment/CU/2020/06). ...
48 Recruitment of Faculty Vacancy in AIIMS Bhopal 2020 #Madhya Pradesh 8 Days Remaining for Apply
Recruitment of Faculty Vacancy in AIIMS Bhopal 2020 All India Institute of Medical Sciences (AIIMS), Bhopal is a premier Institute of National Importance (INI) established by the Ministry of Health & Family Welfare, Government of India. The Director, AIIMS Bhopal invites online applications on prescribed for ...
Recruitment of Faculty Vacancy in AIIMS Bhopal 2020 All India Institute of Medical Sciences (AIIMS), Bhopal is a premier Institute of National Importance (INI) established by the Ministry of Health & Family Welfare, Government of India. The Director, AIIMS Bhopal invites online applications on prescribed for ...
49 Store Keeper and Phlebotomist Vacancy Recruitment in PGIMER Chandigarh 2019 #Chandigarh 17 Days Remaining for Apply
Store Keeper and Phlebotomist Vacancy Recruitment in PGIMER Chandigarh 2019 Postgraduate Institute of Medical Education & Research (PGIMER), Chandigarh invites online applications from the citizens of India for recruitment of the following 13 Sarkari Naukri Vacancy posts of Store Keeper and Phlebotomist on regular basis in PGIMER Chandigarh. (Advertisement No. PGI/RC/018/2020/3444) ...
Store Keeper and Phlebotomist Vacancy Recruitment in PGIMER Chandigarh 2019 Postgraduate Institute of Medical Education & Research (PGIMER), Chandigarh invites online applications from the citizens of India for recruitment of the following 13 Sarkari Naukri Vacancy posts of Store Keeper and Phlebotomist on regular basis in PGIMER Chandigarh. (Advertisement No. PGI/RC/018/2020/3444) ...
50 56th Men and 27th Women SSC Officer Technical Recruitment in Indian Army April-2021 entry #Defense & Police 19 Days Remaining for Apply
56th Men and 27th Women SSC Officer Technical Recruitment in Indian Army April-2021 entry Online applications are invited from eligible unmarried Male/Female Engineering Graduates and also from Widows of Defence Personnel who died in harness for grant of 56th entry for Men and 27th entry for Women for Technical Short Service Commission (SSC) entry in the Indian Army. ...
We would love to hear your thoughts, concerns or problems with anything so we can improve our website educratsweb.com ! visit https://forms.gle/jDz4fFqXuvSfQmUC9 and submit your valuable feedback.56th Men and 27th Women SSC Officer Technical Recruitment in Indian Army April-2021 entry Online applications are invited from eligible unmarried Male/Female Engineering Graduates and also from Widows of Defence Personnel who died in harness for grant of 56th entry for Men and 27th entry for Women for Technical Short Service Commission (SSC) entry in the Indian Army. ...
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