Daily Current Capsules – 14th March 2020

Economy

Remission of Duties and Taxes on Exported Products (RoDTEP)

Relevance IN – Prelims ( about RoDTEP and its benefits) + Mains ( GS III

economic development)

What’s the NEWS

The Cabinet Committee on Economic Affairs,has given its approval for

introducing the Scheme for Remission of Duties and Taxes on Exported

Products (RoDTEP) under which a mechanism would be created for

reimbursement of taxes/ duties/ levies, at the central, state and local

level, which are currently not being refunded under any other

mechanism, but which are incurred in the process of manufacture and

distribution of exported products.

Know! more about the scheme

This scheme is going to give a boost to the domestic industry and

Indian exports providing a level playing field for Indian producers in

the International market so that domestic taxes/duties are not exported.

Under the Scheme an inter-ministerial Committee will determine the

rates and items for which the reimbursement of taxes and duties would

be provided.

In line with “Digital India”, refund under the Scheme, in the form of

transferable duty credit/electronic scrip will be issued to the exporters,

which will be maintained in an electronic ledger. The Scheme will be

implemented with end to end digitization.

Salient features

At present, GST taxes and import/customs duties for inputs required to

manufacture exported products are either exempted or refunded.

However, certain taxes/duties/levies are outside GST, and are not

refunded for exports, such as, VAT on fuel used in transportation, Mandi

tax, Duty on electricity used during manufacturing etc. These would be

covered for reimbursement under the RoDTEP Scheme.

Government Schemes

Silk Samagra Scheme for Development of Sericulture

Relevance IN – Prelims ( about Silk Samagra Scheme) + Mains ( GS II

Government policies and interventions for development in various sectors and

issues arising out of their design and implementation.

What’s the NEWS

The Government of India through Central Silk Board has been

implementing a Central Sector Scheme “Silk Samagra” an Integrated

Scheme for Development of Silk Industry (ISDSI) during the year (2017-

20) with an aims & objective to scale up production by improving the

quality and productivity and to empower downtrodden, poor & backward

families through various activities of sericulture in the country.

The scheme comprises four (4) major Components viz.

(i) Research & Development, Training, Transfer of Technology and I.T.

Initiatives,

(ii) Seed Organizations,

(iii) Coordination and Market Development and

(iv) Quality Certification Systems (QCS) / Export Brand Promotion and

Technology Up-gradation.

Know! about Sericulture

Sericulture is an agro-based cottage industry having huge employment

and income generating potential in rural and semi-urban areas.

Silkworm rearing is mainly practiced in rural areas of the country

providing livelihood to weaker section of the society.

Know! about CSB

Established in 1948, by an Act of Parliament the Central Silk Board is a

statutory body, under the administrative control of the Ministry of Textiles,

Govt. of India.

The CSB has been entrusted with the overall responsibility of

Formation of policies

Governing Import & Export of silk.

Undertaking, assisting and encouraging scientific, technological and

economic research in the Silk Sector

Cyber Awareness

Crime Multi Agency Centre and National Cybercrime Training Centre

Relevance IN – Prelims ( about Cri-MAC and about NCTC) + Mains ( GS III

Awareness in the fields of IT, Space, Computers, robotics, nano-technology,

bio-technology

What’s the NEWS

National Crime Records Bureau (NCRB) celebrated its 35thInception Day

Know! about Cri-MAC and NCTC

The Home Ministry launched Crime Multi Agency Centre (Cri-MAC)

for sharing of information on heinous crime and other issues related to

inter-state coordination.

National Cybercrime Training Centre (NCTC) was also launched for

professional quality eLearning services on cyber crime investigation on

large scale to police officers, judges, prosecutors and other

stakeholders.

Know! CCTNS project

NCRB networked 15993 Police Stations and 8208 higher Police offices

across the country under CCTNS project

The huge database of CCTNS will help investigators in solving crime

cases faster.

The fingerprints were being used in the country from very early times and

mentioned that National Fingerprint Identification System(NAFIS) being

setup by NCRB will be a game changer for police.

Prelims Factoids

Wings India 2020 launched in Hyderabad

Relevance IN – Prelims( about Wings India)

What’s the NEWS

Wings India 2020, the biennial civil aviation and aerospace event was launched at Begumpet Airport in Hyderabad on the theme of ‘Flying For All’.

Know! more about it

The event is being organised by Ministry of Civil Aviation along with Airports Authority of India and FICCI (Federation of Indian Chambers of Commerce & Industry).

More than 100 exhibitors, over 20 states and over 500 delegates are participating in the flagship event of Civil Aviation.

Wings India 2020 is a platform for all stakeholders to come together to work towards ensuring the growth of Civil Aviation

e-governance

BhoomiRashi potral

Relevance IN – Prelims ( about BhoomiRashi Portal )

Know! about BhoomiRashi Portal

The BhoomiRashi Portal lunched on 01.04.2018 as a major e-

Governance initiative of the Ministry of the Road Transport &

Highways, has expedited significantly the process of land acquisition for

National Highways, making it error-free & more transparent with

notifications at every stage being processed on real time basis.

The processing time using this portal has been reduced to less than two

weeks in a majority of cases and even a few days in some cases.

The portal has been integrated with the Public Financial Management

System (PFMS) for depositing the compensation in the account of

affected/ interested persons on real-time basis.

This integration has resulted in avoiding the parking of huge public

funds in the account of Competent Authority for Land Acquisition

The BhoomiRashi portal model is replicable and can be used by state

governments as well as by Ministries which directly acquire land under

their relevant legal provisions.

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