Goa gets Rs 162 crore as share of central taxes
The state’s strained coffers got a slight breather after the Centre released Rs 162 crore as Goa’s share of central taxes and duties, officials said.
The figure, however, is a drop from the Rs 177 crore the state received from the Centre in April.
Despite the drop in the funds, which have been disbursed as per the recommendations of the 15th Finance Commission, the Rs 162 crore will help the state meet crucial expenditure requirements.
As per the 15th finance commission and the Constitutional provisions, each state is entitled to a share of the collections of central excise, income tax, customs duty and other duties and taxes collected by the Centre. Due to the reorganisation of Jammu and Kashmir into two Union territories, the commission recommended that 1% of the divisible pool should be given to J&K and Ladakh, while other states would get 41% of the central taxes.
Goa’s finances are stretched due to higher expenditure to combat the novel coronavirus even as the state’s revenues have dried up. The state government has sought Rs 2,000 crores from the Centre besides the transfer of goods and services tax compensation.
IMF says Indian economy will contract by 4.5% in 2020-’21
The International Monetary Fund announced that India’s Gross Domestic Product will contract by 4.5% in the 2020-’21 financial year.
This is much lower than the 1.9% positive growth the IMF had forecast in its World Economic Outlook for April.
India had imposed a nationwide lockdown on March 25. The lockdown was slowly eased, and by June 1, most non-essential services had been allowed to operate in non-containment zones in the country, subject to policies made by states.
The report said that the Indian economy will bounce back in 2021-’22 with a growth rate of around 6%.
The IMF also said that the world economy will experience an even deeper recession in 2020-’21. It will contract by 4.9% in 2020-’21.
The United States economy will contract by a whopping 8%, the IMF said.
Government approves 2% interest subsidy to ‘Shishu’ borrowers under Mudra Yojna
The government announced a 2% interest subvention to borrowers under the ‘Shishu’ category of the flagship Pradhan Mantri MUDRA Yojana (PMMY).
Under the Shishu category, collateral free loans of up to 50,000 will be given to beneficiaries.
Launched in 2015, the Pradhan Mantri MUDRA Yojana provides loans up to 10 lakh to non-corporate, non-farm small/micro enterprises.
These loans are classified as MUDRA loans under PMMY.
Commercial banks, RRBs, small finance banks, MFIs and NBFCs provide MUDRA loans.
NITI Aayog launched Behaviour Change Campaign Navigating the New Normal and Website
NITI Aayog, in partnership with Bill and Melinda Gates Foundation (BMGF), Centre for Social and Behavioural Change (CSBC), Ashoka University, and the Ministries of Health and Ministry of Women and Child Development launched a behaviour change campaign called ‘Navigating the New Normal’, and its website on 25 June. Around 92,000 Non-Governmental Organisation (NGOs) and civil society organizations (CSOs) working with NITI Aayog participated in the virtual launch via a webcast.
The campaign focuses on COVID-19-safe behaviours, especially wearing masks, during the ‘Unlock’ phase of the ongoing pandemic.
The campaign & website was developed under the guidance of Empowered Group 6, constituted by the Government of India and chaired by CEO, NITI Aayog.
Dr. Harsh Vardhan launched eBloodServices Mobile App
Union Minister of Health & Family Welfare Dr. Harsh Vardhan launched the ‘eBloodServices’ mobile App on 25 June 2020 through video conferencing. The app was developed by the Indian Red Cross Society (ICRS). The Union Health Minister is the Chairman of the Indian Red Cross Society.
eBloodServices Mobile App is developed by the E-Raktkosh team of Centre for Development of Advanced Computing (CDAC) under the Digital India scheme launched by Prime Minister Shri Narendra Modi in 2015.
This Blood Donation App is a prime example of how the Digital India Scheme is serving the need for accessing blood services.
Through this App, four units of blood can be requisitioned at a time and the blood bank will wait for as long as 12 hours for the person to collect it.
This app makes it easy for those in need to request for Blood units at IRCS NHQ.
Amid the COVID-19 pandemic, the Mobile App will provide succor to all those who direly require blood.
The NHQ Blood Bank conducted 55 blood donation camps collecting 2896 units of blood. A total of 5221 units were collected during the lockdown period.
Researchers finds new biomolecules to fight drug resistance in Kala-azar
Researchers at the Department of Biotechnology’s National Centre for Cell Science (DBT-NCCS) in Pune discovered new biomolecules to fight drug resistance in Kala-azar exploring ways to tackle miltefosine resistance.
The researchers worked with one of the species of Leishmania that causes infection, called Leishmania major. The researchers manipulated the transporter proteins in the species in a manner that would result in increased uptake of the drug and decrease in its being thrown out of the parasite’s body.
The researcher used a computational method to design small molecules, called peptides, that could very specifically interact with the transporter proteins of L. major alone, and not interfere with human proteins in any way.
Specific types of protein molecules called transporter proteins to play a major role in carrying miltefosine into and out of the parasite’s body, which comprises a single cell.Final Destination for Goa PSC Notes and Tests, Exclusive coverage of GPSC Prelims and Mains Syllabus, Dedicated Staff and guidence GOAPSC Notes brings Prelims and Mains programs for GOAPSC Prelims and GOAPSC Mains Exam preparation. Various Programs initiated by GOAPSC Notes are as follows:-
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