The Daily Brief – 28th November 2018

62438-rebjnyuwgx-1499362872 — Kartarpur Sahib

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India and China have signed protocol to amend Double Taxation Avoidance Agreement (DTAA) for the avoidance of double taxation and for prevention of fiscal evasion with respect to taxes on income by allowing exchange of information. Under Section 90 of Income-tax Act, 1961, India can enter into agreement with foreign country or specified territory for the avoidance of double taxation of income, for exchange of information for the prevention of evasion.
Union Government has signed $200 million loan agreement with Asian Development Bank (ADB) for Bihar State Highways III Project (BSHP-III). It will finance widening and upgrading of about 230 km state highways in Bihar to all-weather standards with road safety features. Since 2008, ADB has provided four loans to Bihar amounting to $1.43 billion to upgrade about 1,453 km of State Highways and to construct new bridge over Ganga River near Patna (on completion it will be the India’s longest river bridge). ADB is a regional development bank based out on Asia established in December 1966.
The Constitution Day of India (or Samvidhan Diwas) was observed on 26th November to mark the 69^th anniversary of adoption of Constitution and also spread awareness of Indian Constitution. On this day in 1949, constitution of India was adopted. This year it was third edition of the Constitution Day after it was instituted in October 2015 as part of year-long nationwide celebrations of 125th birth Anniversary of Dr. B R Ambedkar who is regarded as the father of the Indian Constitution. Union Ministry of Social Justice and Empowerment (MSJE) is nodal Ministry for the celebration of Constitution Day. Constitution is core legal document which has nearly 448 articles or provisions in 25 parts, 12 schedules.
Union Government has appointed renowned scientist Nageshwara Rao Guntur as Chairperson of Atomic Energy Regulatory Board (AERB) for three years. Guntur is the chairman, Project Design Safety Committee, Prototype Fast Breeder Reactor (PFBR) and former distinguished scientist Nuclear Power Corporation of India Ltd (NPCIL). AERB was established in November 1983 to carry out certain regulatory and safety functions in the fields of nuclear and radiation safety on a countrywide basis.
Gurudwara Darbar Sahib, Kartarpur, Pakistan
Vice President M Venkaiah Naidu laid foundation stone for construction of Kartarpur Sahib Corridor on Indian side at Mann village in Gurdaspur district, Punjab. The corridor will provide visa free passage to Indian Sikh pilgrims to visit holy site of Gurudwara Darbar Sahib at Kartarpur in Pakistan. Union Government had decided to build this corridor up to international border between India and Pakistan as integrated development project to mark 550th birth anniversary of the Guru Nanak Dev in 2019.
Union Ministry Health and Family Welfare has soft-launched first-of-its-kind project Integrated Disease Surveillance Programme (IDSP) segment of Integrated Health Information Platform (IHIP) in seven states to monitor public health surveillance. IHIP is real time, village wise, case based electronic health information system with GIS tagging to provide prompt prevention and control of epidemic prone diseases.
Union Ministry of Housing and Urban Affairs launched ‘PAiSA’ – Portal for Affordable Credit and Interest Subvention Access during National Workshop on Municipal Finance and Urban Planning held in New Delhi. PAISA Portal is centralised electronic platform for quicker processing of loans under the Deendayal Antyodaya Yojana – National Urban Livelihoods Mission (DAY-NULM).
The Union Defence Minister, Nirmala Sitharaman on November 27, 2018 launched ‘Mission Raksha Gyan Shakti’ in New Delhi. Mission Raksha Gyan Shakti has been instituted by the Department of Defence Production as a part of the ongoing initiatives to enhance self-reliance in defence. The mission aims to provide a boost to the IPR (Intellectual Property Right) culture in indigenous defence industry. The end objective of the programme is to inculcate IP culture in Indian defence manufacturing ecosystem.