DAILY CURRENT
AFFAIRS: 4 AUG 2017
(DAILY NEWS INDIA)
i.
Lok Sabha passed two bills, CGST
(Extension to Jammu and Kashmir) Bill, 2017 and IGST (Extension to Jammu and
Kashmir) Bill, 2017, extending Central Goods and Services Tax and Integrated
Goods and Services Tax to Jammu and Kashmir.
ii.
The two Bills passed by the House by a voice vote are aimed at giving effect to
the formal amendments required in Central GST and Integrated GST Acts by
removing the exemption that was carved out for Jammu &Kashmir.
iii.
Finance Minister Arun Jaitley has mentioned that GST is in the larger interest
of traders and consumers of Jammu and Kashmir and extending Central GST and
Integrated GST to Jammu and Kashmir will ensure greater economic integration of
the state with rest of the country.
2.
GOVT INKS MOA TO SET UP IRRI’S REGIONAL CENTRE IN VARANASI
i.
Union Agriculture Ministry signed a
memorandum of association for setting up a regional centre of the International
Rice Research Institute in Varanasi, Uttar Pradesh to develop high- yielding
rice varieties.
ii.
The MoA was signed between Agriculture Secretary Shobhana K Patnaik and IRRI
Director General Matthew Morell.
iii.
IRRI’s South Asia Regional Centre will be set up at the campus of National Seed
Research and Training Centre in Varanasi.
3.
RECENT APPROVALS BY CENTRAL GOVERNMENT: AUGUST 3, 2017
i.
Union Cabinet chaired by PM Narendra Modi approved following bilateral
agreements and initiatives: Cabinet apprised of MOU between India and Spain on
India-Spain cooperation in renewable energy
ii.
Union Cabinet has given its ex-post facto approval for a Memorandum of
Understanding signed among India and various BRICS countries (Brazil, Russia,
China & South Africa) for establishment of the BRICS Agriculture Research
Platform.
iii.
The Union Cabinet cleared a proposal to extend proxy voting to overseas Non
–Resident Indians.