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Important Current Affairs 16th March 2020

National

First-ever Indore - Kishangarh flight commenced under UDAN

• The Ministry of Civil Aviation flagged off first-ever flight between Indore to Kishangarh. This flight will connect Madhya Pradesh and Rajasthan thrice in a week. This flight has been started under UDAN scheme.

• Now, 268 routes have been dedicated under UDAN scheme by the Ministry of Civil Aviation. Thousands of people will be benefitted as it will cover a distance of 550 kilometer.

International

Banking and Economy

GST Rate on Mobile Phones to be hiked from 12% to 18% w.e.f 01 April

• The 39th GST (Goods and Services Tax) Council meeting under the Chairmanship of Finance Minister Nirmala Sitharaman was held in New Delhi on 14 March 2020.

• The Council has announced certain changes in the GST rates of the following items:

• Increase in GST rates on the Mobile phones from the present 12 percent to 18 percent.

• Slash the GST rate on Maintenance, Repair and Overhaul (MRO) services of aircraft from 18 percent to 5 percent

• Rationalise the GST rates on handmade and machine-made matchsticks to 12 percent. Earlier this rate was 5 percent for Hand-made matches and 18 percent for machine-made ones.

Appointments and Resignations

GoI nominated Debasish Panda as director on RBI central board

• The Central Government has nominated Debasish Panda as a Director on the Central Board of Reserve Bank of India. He is a Secretary, Department of Financial Services, Ministry of Finance, Government of India, New Delhi.

• The nomination of Debasish Panda is effective from March 11, 2020, and until further orders. There are two government nominated Directors on the board of RBI. The other one is  Atanu Chakraborty.

Ranking

India ranked 12th globally in ‘Women On Board 2020’ study

• India has been ranked 12th in the world as per study titled ‘Women On Board 2020’. The list was topped by Norway with 40.72% women on board.

• A study on ‘Women On Board 2020’ has been done jointly by global recruitment tendering platforms MyHiringClub and Sarkari-Naukri.

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