Yojana June 2018: India on the Move (Part – 2)

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📝 Raja Cheillah Committee: Govt. appointed Tax Reforms Committee under prof. Raja Cheillah. TRC՚s several measures are: Reforming personal taxation system by reducing marginal tax rates.

Yojana June 2018: India on the Move (in English)
  • Reduction in corporate tax rates.
  • Reducing cost of imported inputs.
  • By lowering customs duties.
  • Reduction in number of Customs tariff rates & its rationalization.
  • Simplifying excise duties & its integration w/VAT system.
  • Bringing services sector in tax net within VAT system.
  • Broadening of tax base.
  • Building tax information & computerization system.
  • Improving quality of tax administration system.

📝 Vijay Kelkar Committee

  • Latest impetus to direct tax reforms came in India.
  • Main recommendations of task force related to direct taxes related to increasing income tax exemption limit, rationalization of exemptions, abolition of long term capital gains tax, abolition of wealth tax etc.
  • Its key Recommendations are:
    • Administration of Direct Tax
      • Taxpayer services should be extended both in quality & quantity & taxpayers should get easy access thru internet & email.
      • PAN should be expanded & it should cover all citizens.
      • Block assessment of search & seizure cases should be abolished.
      • To clear backlog, department should outsource data entry work.
      • All returns & issue of refunds should be completed in 4 month period. Dispatch of refunds should be outsourced.
      • Govt. should establish Tax Information Network to modernize, simplify & rationalize tax collection, particular TDS & TCS.
      • Abolish requirement of Tax Clearance Certificate on leaving country.
      • Empower CBDT w/appropriate administrative & financial powers.
      • Personal Income Tax
        • Increase in exemption limit to ₹ 1 lakh for general categories of taxpayers & further exemption for senior citizens & widows.
        • Rationalize income tax slabs, eliminate surcharge on personal income tax.
        • Incentivize home loans by providing interest subsidy on home loans@2 % .
        • Increase deduction under Section 80CCC for contribution to pension funds.
      • Corporation Tax
        • Reduce Corporate tax to 30 % for domestic companies & 35 % for foreign companies.
        • Listed companies should be exempted from tax on dividends & capital gains.
        • Increase rate of depreciations for plant & machinery.
        • Abolish Min. Alternate Tax.
      • Wealth Tax
        • Abolition of wealth tax.
        • Key Direct Tax Reforms
      • Tax Information Network (TIN)
      • On behalf of IT Department, National Securities Depository Limited (NSDL) established TIN.
      • This is source of countrywide tax related data.
      • 3 subsystems of TIN:
    • Electronic Return Acceptance & Consolidation System (ERACS)
      • ERACS consists of system for interface w/taxpayers (TIN Facilitation Centres that is TIN-FC) & internet supported system for uploading of electronic returns of TDS & TCS & Annual Information Return (AIR) to central system of TIN.
      • Online Tax Accounting System (OLTAS)
      • OLTAS is used for uploading to central system details of tax deposited in numerous tax collecting branches across country every day. Central PAN Ledger Generation System (CPLGS) .
      • e-TDS & e-TCS
      • TDS refers to Tax Deduction at Source. 3rd parties deduct tax at source & then deposit it at pre-determined bank branches.
      • Since 2004 - 05, it is made mandatory to file TDS returns electronically for operators, Govt. & corporate sector.
    • Other Initiatives in Direct Taxation
    • eSahyog: Paperless Assessments
      • Information Technology has made life of tax payers easy as they don՚t need to physically go to banks to deposit bank challans & present case & documents to assessing officers.
      • Sevottam: Efficient Grievance Redressal
      • To bring new life to sluggish grievance redressal system, department is using ‘Sevottam’ platform that connects all IT offices in country.
      • Faster Refunds
      • IT department is working towards processing & sending tax refunds within 10 working days.
      • Pre-filled ITR Forms
      • PAN Camps
    • To increase coverage of PAN, govt. is conducting PAN camps across India.
    • There is proposal to launch Income Tax Business Application-Permanent Account Number (ITBA-PAN) portal, thru which anyone can apply for PAN online & get it within 48 hrs.
  • Indirect Tax Reforms
  • Service Tax
  • Service Tax was 1st introduced on some limited services in 1994 - 95 at 7 % .
  • Currently, we pay 14 % service tax on around 100 services.

Making Quality Medicines Available to the Common Man

  • Look at dichotomy- on one hand 6 out of 10 persons do not have access to medicines, whereas India is within first 4 countries of World, producing quality generic medicines exporting to other countries.
  • 👌 Pradhan Mantri Bhartiya Janaushadhi Pariyojana (PMBJP) is scheme designed to bridge above dichotomy.
  • It is dedicated to provide quality medicines at affordable price to every citizen of country.
  • 👌 Scheme is being implemented thru Bureau of Pharma PSUs of India (BPPI) , Gurgaon, Haryana which is working under administrative control of Department of Pharmaceuticals, Ministry of Chemicals & Fertilizers, GoI.
  • 👌 In Sep. 2015, ′ Jan Aushadhi Scheme ′ was revamped as ′ Pradhan Mantri Jan Aushadhi Yojana ′ (PMJAY) .

Benefits to Entrepreneurs

  • Financial support of ₹ 2.5 lakhs shall be extended to Govt. Agencies.
  • PMBJP has drastically brought down prices of quality medicines & made medicines available within reach of large section of population especially poor.

Multi-Pronged Approach to Bridge the Urban-Rural Divide

👌 National Food Security Mission (NFSM)

  • NFSM was launched by GoI during 2007 - 08 & implemented in 482 dist. of 19 States.
  • It aims at increasing production & productivity of wheat, rice & pulses on sustainable basis so as to ensure food security of country.

👌 Rashtriya Krishi Vikas Yojana (RKVY)

  • RKVY is one of imp. flagship programs of GoI in agriculture & allied sectors.
  • Scheme was introduced in 2007 - 08.
  • Ultimate aim is to significantly increase productivity & eventually maximize returns of farmers.

👌 Pradhan Mantri Fasal Bima Yojana (PMFBY)

  • PMFBY was launched in 2016 w/objective to provide comprehensive insurance cover against failure of crops & help in stabilizing income of farmer.
  • It encourages farmers to adopt innovative agricultural practices & ensure flow of credit to agriculture sector.

👌 National Agriculture Market (NAM)

  • NAM is pan-India electronic trading portal which networks existing APMC mandis to create unified national market for agricultural commodities.
  • NAM Portal provides single window service for all APMC related information & services.

👌 Soil Health Management (SHM)

  • National Mission for Sustainable Agriculture (NMSA) is implemented w/objective to make agriculture more productive, sustainable & climate resilient; to conserve natural resource; to adopt comprehensive soil health management practices; to optimize utilization of water resources; etc.
  • SHM is one of most imp. interventions under NMSA.

👌 Pradhan Mantri Krishi Sinchayee Yojana (PMKSY)

Major objective of PMKSY is to achieve convergence of investments in irrigation at field level, expand cultivable area under assured irrigation, improve on-farm water use efficiency to reduce wastage of water, enhance adoption of precision - irrigation & other water saving technologies, enhance recharge of aquifers & introduce sustainable water conservation practices by exploring feasibility of reusing treated municipal waste water for peri - urban agriculture & attract greater private investment in precision irrigation system.

👌 Paramparagat Krishi Vikas Yojana (PKVY)

Govt. has launched PKVY in order to address critical importance of soil & water for improving agricultural production.

👌 Pradhan Mantri Jan Dhan Yojana (PMJDY)

  • PMJDY launched in 2014, is National Mission for Financial Inclusion to ensure access to financial services, namely, Banking/Savings & Deposit Accounts, Remittance, Credit, Insurance, pension in affordable manner.
  • Objective of this Yojana was to make financial services accessible & affordable.

👌 Deendayal Antyodaya Yojana (DAY -NRLM)

  • National Rural Livelihoods Mission (NRLM) was launched by Ministry of Rural Development (MoRD) , GoI in 2011.
  • In 2015, program was renamed DAY-NRLM,
  • Aided in part thru investment support by World Bank, Mission aims at creating efficient & effective institutional platforms for rural poor, enabling them to increase household income thru sustainable livelihood enhancements.

👌 Rashtriya Gram Swaraj Abhiyan (RGSA)

  • RGSA strengthens Panchayati Raj system across country & addresses critical gaps that constraints its success.
  • RGSA seeks to enhance capacities & effectiveness of Panchayats & Gram Sabhas, enable democratic decision - making & accountability in Panchayats.

👌 Mission Antyodaya

  • Mission Antyodaya is convergence framework for measurable effective outcomes on parameters that transform lives & livelihoods.

👌 Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS)

  • NREGS was launched based on National Rural Employment Guarantee Act 2005 & later renamed as MGNREGS.
  • MGNREGS is social security measure that aims to guarantee ‘right to work’ .

Controlling the Five Senses to Attain Harmony

  • 👌 Term ′ yogam ′ means ′ Union ′ . That is to say, union of jeevanma (individual consciousness) w/paramanma (universal consciousness) - & this is ultimate goal of human birth.
  • 👌 Yogam is dealt elaborately by Siddhar Thirumoolar in his Thirumanthiram.
  • In Thirumanthiram, Siddhar Thirumoolar defines Siddha medicine as:
    • One that cures physical ailment is medicine
    • One that cures psychological ailment is medicine
    • One that prevents ailment is medicine
    • One that bestows immortality is medicine
  • 👌 Siddha aims to cure diseases of body & mind & those of soul, by purification which leads to salvation.

Attanga Yogam

  • 👌 Iyamam, Niyamam, Asanam, Pranayamam, Prathiyaharam, Dharanai, Dhyanam & Samathi are called Attanga Yogam i.e.. 8 steps or limbs of yogam.
  • In Siddha system Medicine, Kayakalpam is imp therapy which is classified as ‘Kalpa Avizhtham’ & ‘Kalpa Yogam’ .
  • Kalpa Avizhtham deals w/medicines which are both preventive & curative.
  • Kalpayogam deals w/yoga techniques, practice of which keeps body, mind & spirit healthy long.
  • According to Thirumoolar, 1st part of yogam is ‘Iyamam’ & last but most imp. part is ‘Samathi’ , real goal of human birth.

👌 Iyamam

  • It is practice leading to healthy state of mind which will be free from impurities such as lust, anger, jealousy & self-conceitedness.
  • Mind free from such impurities will be free from diseases.

👌 Niyamam

It is practice leading to healthy state of activities including one՚s daily chores - from waking up in early morning till retiring to bed in evening.

👌 Asanam

It is practice of keeping body steady & motionless in particular posture for specific time. It simply means ‘pose’ or ‘posture’ .

👌 Pranayamam

  • It is practice of controlling one՚s breathe. It indicates innumerable breathing exercise that energies our body cells especially nervous system.
  • Pranayamam is preventive, curative & rejuvenative in nature.
  • It is called ‘vasi’ & ‘vasiyogam’ .

👌 Prathiyaharam

  • It is practice of controlling or withdrawing of 5 senses namely, taste, sight, touch, hearing & smell as perceived thru 5 sense organs namely tongue, eye, skin, ear & nose.
  • According to Siddha system panchabutham or 5 elements constitute universe as well as man. They are: mann (earth) , neer (water) , thee (fire) , vali/katru (air) & veli.
  • Poriorigal or five sense organs constitute: mei (skin) , vai (mouth) , kann (eye) , mookku (nose) & sevi (ear) .

👌 Dharanai

It is method or practice of concentration or fixation of mind.

👌 Dhyanam

  • It is art of gaining complete control over mind.
  • Dhyanam can be defined as cessation of all thoughts except one.

👌 Samathi

  • Samathi is last step of Yogam.
  • Saman + Athi, which means attaining state equal to God.


👌 International Day of Yoga on 21st June every year.

Other Important Notes

Top 30 Innovations of Atal Tinkering Marathon Showcased

NITI Aayog organized Atal Tinkering Marathon, 6 month nationwide challenge across 6 diff. thematic areas, namely, clean energy, water resources, waste management, healthcare, smart mobility & agri-tech.

75 National Resource Centres (NRCs) through SWAYAM Notified

MHRD has launched major & unique initiative of online professional development of 1.5 million higher education faculty using MOOCs platform SWAYAM.

Atal Innovation Mission (AIM)

  • 👌 AIM has 2 core functions:
    • Entrepreneurship promotion thru Self-Employment & Talent Utilization, wherein innovators would be supported & mentored to become successful entrepreneurs.
    • Innovation promotion: to provide platform where innovative ideas are generated.
  • 👌 Atal Tinkering Labs - to promote creative, innovative mind set in schools
  • AIM is setting up state of the Art Atal Tinkering Labs (ATL) in schools across all dist. across country.
  • ATLs are dedicated innovation workspaces of 1200 - 1500 sq. feet where do-it-yourself (DIY) kits on latest technologies like 3D Printers, Robotics, Internet of Things (IoT) , Miniaturized electronics are installed using grant of ₹ 20 lakhs from govt. so that students from Grade VI to XII can tinker w/technologies & learn to create innovative solutions using these technologies.
  • 👌 Atal Incubators - promoting entrepreneurship in universities & industry.
  • At Uni. NGO, SME & Corporate industry levels, AIM is setting up world-class Atal Incubators that would trigger & enable successful growth of sustainable startups in every sector/state of country.

200 million US Dollar Loan Deal w/World Bank for National Nutrition Mission (POSHAN Abhiyaan)

  • 👌 GoI signed loan deal worth $ 200 million w/World Bank recently for National Nutrition Mission (POSHAN Abhiyaan) .

Government Committed to Agrarian Reforms

📝 7 point strategy to achieve ambitious objective:

  • Emphasis on irrigation along w/end to end solution on creation of resources for ‘More crop per drop’ .
  • Provision of equality seeds & nutrients according to soil quality of each farm.
  • Large investments in warehouse & cold chains to prevent Post-harvest losses.
  • Promotion of value addition thru food processing.
  • Implementation of National Agricultural Markets & e-platforms (e-NAM) to eliminate shortcomings of all 585 centres.
  • To migrate risk, introduction of crop insurance scheme at lower cost.
  • Promotion of allied activities such as Dairy-Animal husbandry, Poultry, Bee-keeping, Har Medh Per Ped, Horticulture, & Fisheries.

Continuation of Umbrella Scheme ‘Green Revolution - Krishonnati Yojana’

  • ‘Green Revolution - Krishonnati Yojana’ , Umbrella Scheme comprises of 11 Schemes/Missions:
  • 👌 Mission for Integrated Development of Horticulture (MIDH) aims to promote holistic growth of horticulture sector; to enhance horticulture production, improve nutritional security & income support to farm Households.
  • 👌 NFSM, including National Mission on Oil Seeds & Oil Palm (NMOOP) aims to increase production of rice, wheat, pulses, coarse cereals & commercial crops.
  • 👌 NMSA aims at promoting sustainable agriculture practices best suitable to specific agro-ecology focusing on integrated farming, appropriate soil health management & synergizing resource conservation technology.
  • 👌 Submission on Agriculture Extension (SMAE) aims to strengthen ongoing extension mechanism of State Govt. , local bodies, etc.
  • 👌 Sub-Mission on Seeds & Planting Material (SMSP) aims to increase production of certified/quality seed, to increase SRR, to upgrade quality of farm saved seeds.
  • 👌 Sub-Mission on Agricultural Mechanization (SMAM) aims to increase reach of farm mechanization to small & marginal farmers & to regions where availability of farm power is low, to promote ‘Custom Hiring Centres’
  • 👌 Sub Mission on Plant Protection & Plan Quarantine (SMPPQ) aims to minimize loss to quality & yield of agricultural crops from ravages of insect pests.
  • 👌 Integrated Scheme on Agriculture Census, Economic & Statistics (ISACES) aims to undertake agriculture census, study of cost of cultivation of principal crops, to undertake research studies on agro - economic problems of country.
  • 👌 Integrated Scheme on Agriculture Cooperation (ISAC) aims to provide financial assistance for improving economic conditions of cooperatives, remove regional imbalances & to speed up - cooperative development.
  • 👌 Integrated Scheme on Agricultural Marketing (ISAM) aims to develop agricultural marketing infrastructure; to promote innovative & latest technologies & competitive alternatives in agriculture marketing infrastructure.
  • 👌 National e-Governance Plan (NeGP-A) aims to bring farmer centricity & service orientation to programs; to enhance reach & impact of extension services.
Yojana June 2018: India on the Move (in Hindi)

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