Senior IAS officer BN Sharma has been appointed as New Chairman of National Anti-Profiteering Authority (NAAP) under Goods & Services Tax (GST). The post of NAAP Chairman is equivalent to the rank of Secretary to Union Government.
The 44th Constitutional Amendment Act, replaced the phrase ?internal disturbance? with the ?armed rebellion? to avoid its misuse by the government in power.
India has the Highest Income Inequality according to the ?World Inequality Report 2018?, released by World Inequality Lab based at Paris School of Economics. India?s Top 1% of earners grabbed 22% share of national income, while bottom 50% managed to get only 15% share.
The Supreme Court has struck down the words ?adult male? from the pertinent provision in the DV Act to lay down that a woman can also file a complaint against another woman, accusing her of domestic violence.
The Wassenaar Arrangement is a multilateral export control regime and plays a significant role in promoting transparency and greater responsibility in transfers of conventional arms and dual-use goods and technologies. It has decided to admit India as its new member which would enhance its credentials in the field of non-proliferation despite not being signatory to Non-Proliferation Treaty.
The cabinet Committee on Economic Affairs (CCEA) on 27th January, 2005 had approved the constitution of a National Investment Fund (NIF). The Purpose of the fund was to receive disinvestment proceeds of central public sector enterprises and to invest the same to generate earnings without depleting the corpus.
National Investment and Infrastructure Fund (NIIF) is a fund created by the Government of India for enhancing infrastructure financing in the country.
This is different from the National Investment Fund.Its creation was announced in the Union Budget 2015-16. The operational framework was approved on 20 August 2015.NIIF got registered with SEBI as Category II Alternative Investment Fund (AIF) on December 28, 2015
The Insolvency and Bankruptcy Board of India (IBBI) is the regulator for overseeing insolvency proceedings and entities like Insolvency Professional Agencies (IPA), Insolvency Professionals (IP) and Information Utilities (IU) in India. It handles the casesusing two tribunals like NCLT (National company law tribunal) and Debt recovery tribunal.Current chairman of IBBI is M. S. Sahoo
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