Daily Current Affairs Updates

• Union Government issues model guidelines for states to curb Ponzi schemes
• Union Cabinet approves extension of contract with ISA for exploration of Polymetallic Nodules
• Union Cabinet approves MoU between India and South Africa in field of ICT Technologies

The Union Government has issued model guidelines for states to regulate direct selling and multi-level marketing businesses to protect consumers from Ponzi frauds.

The Union Cabinet has approved the extension of contract with and International Seabed Authority (ISA) for exploration of Polymetallic Nodules (PMS).

The Union Cabinet has approved establishment of Higher Education Financing Agency (HEFA) to give a major push for creation of high quality infrastructure in premier educational institutions.

The Cabinet Committee on Economic Affairs (CCEA) has approved the proposal for initiation of the Third Phase of Technical Education Quality Improvement Programme (TEQIP).

The Union Cabinet has given its approval for signing of the Bilateral Technical Arrangement (BTA) between India and Switzerland on the identification and return of Indian and Swiss Nationals and its implementation.

The Cabinet Committee on Economic Affairs (CCEA) has approved enhancing the buffer stock for pulses up to 20 lakh tonnes.

The Union Cabinet has given its approval for the Memorandum of Understanding (MoU) between India and Kenya on cooperation in the field of National Housing Policy Development and Management (NHPDM).

The Union Cabinet has apprised of the MoU between India and South Africa for promoting bilateral cooperation in the field of Information and Communication Technologies (ICT).

• Union Cabinet approves formation of GST Council
• CBDT launches e-nivaran to resolve I-T grievances
• Deepa Malik first Indian woman to win Paralympics medal

The first BRICS Wellness Workshop has begun in Bengaluru, Karnataka from September 10, 2016.

The Central Board of Direct Taxes (CBDT) has launched ̢۪e-nivaran̢۪ (electronic resolution) facility for online redressal of taxpayers̢۪ grievances.