DAILY CURRENT
AFFAIRS: 8TH FEB 2017
(Daily News India)
1.
ASSAM FINANCE MINISTER HIMANTA BISWA SARMA PRESENTS RS 2,350 CRORE DEFICIT
BUDGET 2017-18
i.
The Assam Finance Minister Himanta Biswa Sarma presented the state Budget for
the session 2017-18 in the state assembly. The budget was based on the theme
“Resurgent Assam”.
ii.
As per the Minister the state Budget 2017-18 was Rs. 2,349.79 cr. deficit
Budget. The budget presented merged Non-Plan and Plan expenditures.
iii.
The Government has redefined the role of Planning & Development Department.
The department has been rechristened to the Department for Development and
Transformation of Assam.
iv.
The Budget Estimates of 2017-18, proposes to have a receipt of Rs 84,732.16 cr
under consolidated fund of the state. Out of this, Rs 70,719.61 cr is on
Revenue account and Rs 14,012.55 cr is under Capital account.
2.
INDIA’S FIRST SOCIAL INNOVATION CENTRE LAUNCHED IN NIZAMABAD BY TELANAGANA
GOVERNMENT
i.
The Telangana government launched India’s 1st social innovation centre the
‘Kakatiya Hub for Social Innovation’ in Nizamabad.
ii.
The social hub has been funded by the Telangana government and will be
implemented through Kakatiya Sandbox ,which encourages entrepreneurship and
innovation modelled after Deshpande Foundation’s Hubli Sandbox.
iii.
The Kakatiya Hub will function like a rural incubator to encourage
entrepreneurship at the grassroots level to promote the people in rural areas
to become problem solvers by providing them necessary ecosystem and structured guidance.