Revenue Expenditure Types of Revenue Expenditures Classification of Government Expenditures About: Fiscal Deficit

Daily Current Affairs 29 November, 2024 National Affairs 1. PMJAY for 70+ group meets 3% of target in first month Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (AB-PMJAY) Registration Rates Ministry: The Ministry of Health and Family Welfare (MoHFW) Minister: Shri Jagat Prakash Nadda Launch Date: 23rd September 2018 in Ranchi, Jharkhand. Read more: Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (AB-PMJAY) 2. Govt proposes a range of bills to boost economy, job creation India’s Legislative Proposals for Economic Growth, Modernisation, Job Creation, and Sustainability Read more… Agri Business 1. Seed coating breakthrough: IIOR launches revolutionary biopolymer technology Indian Institute of Oilseeds Research (IIOR) Releases Biopolymer Technology Indian Institute of Oilseeds Research (IIOR) Established 2. U-WIN India’s Government’s 100-day health agenda includes the rollout of the U-WIN portal, a digital platform for vaccination management. Banking/Finance 1. GST fitment panel to review 18% tax on co-lending services GST Council to Review 18% GST on Co-lending Services The Fitment Committee of the Goods and Services Tax (GST) The Fitment Committee of the Goods and Services Tax (GST) Council is a committee which is there to examine proposals for revising rates on goods and services and then makes recommendations to the GST Council. The committee primarily deals with issues related to GST rates, exemptions, and clarifications.  Here are some things the Fitment Committee does: The recommendations of the Fitment Committee are placed in front of the GST Council for its recommendation.  2. SBI’s business may hit Rs 100 trillion in FY26, says Chairman CS Setty State Bank of India (SBI) Aims to Reach ₹ 100 Trillion Business in Next Financial Year State Bank of India (SBI) 3. GDP shocker: growth rate dipped to 5.4% Economic Growth in FY25 India’s Economic Growth Data for Q2 2022-23 4. India economy grows 5.4% in July-Sept, well below expectations India’s Economy Slows in July-September Science & Tech 1. Review of Moiré superconductivity and application of the Roeser-Huber formula Moiré Materials: A New Superconducting Property Why in News? Recent research in Nature shows that semiconductor-based moiré materials, like twisted bilayer tungsten diselenide (tWSe₂), exhibit superconductivity, challenging the previous belief that it’s exclusive to graphene-based systems. Key Highlights Read more… Facts to Remember 1. Indian Chemical Council (ICC) Receives 2024 OPCW-The Hague Award 2. India’s Network Readiness Index 2024 Ranking 3. Indian Army Incorporates Sabal-20 Logistics Drone