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Home » IMPORTANT NEWS FOR UPSC 27 SEPTEMBER 2017

IMPORTANT NEWS FOR UPSC 27 SEPTEMBER 2017

The UPSC Daily

27th  SEPTEMBER 2017

-Achievers IAS Academy

Note:  The following Current affairs has been selected from AIR, PIB, PRS,BBC, The Hindu, IDSA (Institute for Defence Studies and Analyses), Live mint, Indian Express, Quora.com,Hindustan Times, Telegraph,The Times ,WTO,New Indian express , The guardian and is highly recommended for UPSC prelims and mains

 

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In news :First Helicopter service starts from Srinagar to Drass under Udan Scheme

The service will be especially helpful for people during winters and in cases of emergency.

Regional Connectivity Scheme “UDAN” (Ude Desh Ka Aam Naagrik)

  • The primary objective of RCS is to facilitate / stimulate regional air connectivity by making it affordable.
  • Promoting affordability of Regional air connectivity is envisioned under RCS by supporting airline operators through

(i) concessions by Central Government, State Governments and airport operators to reduce the cost of airline operations on regional routes

 (ii) financial support (Viability Gap Funding or VGF) to meet the gap, if any,

A Regional Connectivity Fund (RCF) has been created under powers conferred under Rule 88-B of the Aircraft Rules, 1937 to provide the VGF requirements under the scheme. The Central Government has decided to impose a levy on the scheduled flights being operated within India to fund the Regional Connectivity Fund.

  • UDAN is an innovative scheme to develop the regional aviation market.
  • It is a market-based mechanism in which airlines bid for seat subsidies.
  • This first-of-its-kind scheme globally will create affordable yet economically viable and profitable flights on regional routes so that flying becomes affordable to the common man even in small towns.
  • envisages providing connectivity to un-served and under-served airports of the country through revival of existing air-strips and airports
  • RCS-UDAN is a demand-driven scheme, where airline operators undertake assessment of demand on particular routes.

Details:

  • The regional connectivity scheme will be applicable on route length between 200 to 800 km with no lower limit set for hilly, remote, island and security sensitive regions.
  • The Central government will provide concessions to the tune of 2 per cent excise on Value Added Tax (VAT) and service tax at 1/10th the rate
  • State governments will become key partners and provide free security and fire service, utilities at concessional rates and reduce VAT on ATF to 1 per cent.
  • No landing charges, parking charges and Terminal Navigation Landing Charges will be imposed for regional connectivity scheme flights.
  • A Regional Connectivity Fund (RCF) will be created to fund the scheme via a levy on certain flights. States are expected to contribute 20 per cent to the fund.
  • The gap in costs and revenues, if any, will be compensated through Viability Gap Funding. (VGF)

Process:

  • The successful bidder would then have exclusive rights to operate the route for a period of three years.
  • Provide a minimum of 9 and a maximum of 40 UDAN Seats (Subsidized)
  • a minimum of 5 and a maximum of 13 Seats on the Flights for operations through helicopters.
  • On each such route, the minimum frequency would be three and maximum of seven departures per week.

Merits:

  • This scheme ensure affordability, connectivity, growth and development.
  • more jobs
  • The state governments would reap the benefit of development of remote areas, enhance trade and commerce and more tourism expansion.

Price :

The fare for a one hour journey of appx. 500 km on a fixed wing aircraft or for a 30 minute journey on a helicopter would now be capped at Rs. 2,500.

  • Central Government would provide concessions in the form of reduced excise duty, service tax, permission to trade ASKMs for Non-RCS (UDAN) Seats and flexibility of code sharing at the RCS (UDAN) airports.

State governments will have to lower the VAT on ATF to 1% or l


 

In news :Ram Vilas Paswan launches “Electronic Negotiable Warehouse Receipt (e-NWR) System”

Consumer Affairs and Food Minister Ram Vilas Paswan, today launched the Web Portal of Warehousing Development and Regulatory Authority (WDRA) and Electronic Negotiable Warehouse Receipt (e-NWR) System in New Delhi.

Addressing the gathering on the occasion, Mr. Paswan lauded the initiatives taken by the WDRA in simplifying the Warehouse Registration Rules, digitizing the entire process of registration, monitoring and management of Negotiable Warehouse Receipts in electronic form.

The Minister informed the e-NWRs will have no chances of any tempering, mutilation, fudging, loss or damage. He said , these NWRs will not only facilitate an easy pledge financing by banks and other financial institutions but also smooth trading on various trading centres like commodity exchanges, electronic National Agriculture Markets (e-NAM).

Mr. Paswan expressed hope that these initiatives will revolutionise the marketing of agricultural commodities and help farmers realize better price for their produce which will be a step towards doubling the their income by 2022 as well as Digital India mission as envisaged by the Prime Minister.


 

In news :GJM calls off its over 100-day old indefinite shutdown in Darjeeling

The Gorkha Janmukti Morcha (GJM) has called off its over 100-day old shutdown in Darjeeling hills of West Bengal.

GJM, which was spearheading the agitation for a separate state of Gorkhaland, said the decision was taken after Union Home Minister Rajnath Singh made an appeal to withdraw the strike.

 GJM Chief Bimal Gurung met senior leaders of the party and later, in an audio message, announced to suspend the shutdown from today for an indefinite period.

Mr Singh had on Tuesday appealed to GJM to withdraw the strike and asked the Union Home Secretary to convene an official-level meeting to discuss all related issues.

Click here for gorkhaland issue


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