Current Affairs -Today’s Headlines: 02 February 2023
NAMASTE (National Action Plan for Mechanised Sanitation Ecosystem) scheme
In the Union Budget 2023, the Government of India allocated Rs 100 crores for the NAMASTE scheme. With this, the GoI aims to mechanize septic tank cleaning and sewer cleaning in towns and cities. The scheme aims to provide an alternate livelihood to sanitation workers. In addition, NAMASTE will strive to bring behavioral changes to them.
National Digital Library
According to the National Statistical Commission, the literacy rate in India is 73%. However, the financial literacy rate is very less, around 24%. Compared to the other emerging economies of the world, the financial literacy rate of India is very low. To inculcate reading habits and to increase the financial literacy of the country the GoI is to launch National Digital Library. The announcement about the library was made by the finance minister Smt Nirmala Sitaraman during her budget presentation.
PAN to be used as common identifier
PAN is a Permanent Account Number issued by the Income Tax Department of India. It is a ten-digit alphanumeric number. During the Union Budget 2023, Finance Minister Smt Nirmala Sitaraman announced that GoI is to use PAN as a universal identifier for all digital systems. This applies only to specific government entities as appointed. This will increase the ease of doing business.
Income Tax Slab Revamp
During the Union Budget presentation, Finance Minister Smt Nirmala Sitaraman announced that people earning up to Rs 7 lakhs need not pay taxes. Tax surcharges of the taxpayers in the highest tax bracket were reduced from 37% to 25%. The bottom line, the new income tax slab benefits taxpayers in the highest and lowest tax brackets.
Advisory to air ‘National Interest Content’
The Government of India recently issued advisory guidelines to the private satellite TV channels in the country. According to the guidelines, private TV channels shall broadcast programs of social relevance and national importance for 30 minutes. This does not include the ad breaks. The program should not be broadcasted between 12 AM (midnight) and 6 AM.