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Budget 2021: Government considering abolition of raw material duty on steel products

Union Finance Minister Nirmala Sitharaman will present the eighth budget (Budget 2021) of the NDA government led by Prime Minister Narendra Modi in Parli…

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Budget 2021: Government considering abolition of raw material duty on steel products

Union Finance Minister Nirmala Sitharaman will present the eighth budget (Budget 2021) of the NDA government led by Prime Minister Narendra Modi in Parliament on 1 February. This time the central government may address the issue of inverted duty structure on some steel products like a higher rate of taxation on raw materials and a lower rate of tax on finished goods. Let me tell you that this general budget presented after the lockdown implemented due to the Corona pandemic is going to be quite special.

The government can take a decision regarding raw materials

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Sources said the government may consider abolishing customs duty on raw materials used to manufacture flat products, including sheets made of stainless steel. Currently the imports on the major raw materials … ferronickel and SS scrap … used in stainless steel ‘flat’ products are higher than finished products coming from countries with Free Trade Agreement (FTA).

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Adverse effect on the industry

Sources said this is adversely affecting the domestic stainless steel industry. Raw materials like ferronickel and SS scrap are also not available in sufficient quantity and good quality in India. These raw materials attract about 15 percent duty. The reverse duty structure has an adverse effect on domestic industries. Because on one hand, they have to pay a higher price for raw materials as a duty, while the duty on the finished product is less and consequently the cost is less. India entered into free trade agreements with many countries. These countries include Japan, South Korea and Singapore. Apart from this, negotiations are going on with many other countries.

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An app designed for budget

This time, through the mobile app for Budget 2021, people will be able to view the budget directly on mobile. Also, you will be able to see all the updates related to the budget. There will also be 14 Union Budget documents in this app. In which annual financial statements, demand for grants etc. will also be available. In this mobile app, people will also see links to download, print, search, zoom in and out, scrolling etc. It is known that this app has been prepared by NIC. Hindi and English facilities will also be available in the mobile app. At the same time, all documents can also be seen after the budget speech of the Finance Minister.

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India News

Jaipur MP receives death threat via email

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Jaipur MP receives death threat on his email

Jaipur MP Ramcharan Bohra received a death threat on his official email, leading to his PA Arun Sharma filing a police complaint on Wednesday. The threatening email stated, “We will kill you. Delhi is still very far. Wherever we meet you on the way, we will kill you there.”

The FIR was registered at Jawahar Circle police station after Arun Sharma discovered the threatening email at 4.30 am while going through the MP’s emails. MP Bohra affirmed that the cyber cell and technical team of the police are currently investigating the matter.

Arun Sharma, the PA of Ramcharan Bohra, came across the alarming email and promptly notified the MP. Following Bohra’s instructions, Sharma took the necessary steps to report the threat to the authorities. The severity of the situation prompted the police to take immediate action in handling the case.

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PM Modi hails First Ram Navami after Pran Pratishtha in Ayodhya as a generational milestone

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First Ram Navami after Pran Pratishtha in Ayodhya is generational milestone: PM Modi

New Delhi, April 17 (IANS) – Prime Minister Narendra Modi extended his greetings to the nation on the occasion of Ram Navami, celebrating the birth anniversary of Lord Ram after the Pran Pratishtha ceremony at Ram Temple in Ayodhya. Ayodhya is observing its first Ram Navami after the ceremony on January 22.

In a post on X, PM Modi highlighted the significance of this year’s celebration, stating, “The first Ram Navami after the Pran Pratishtha in Ayodhya is a generational milestone, weaving together centuries of devotion with a new era of hope and progress.”

He added, “May the blessings of Prabhu Shri Ram guide our paths towards righteousness and peace, illuminating our lives with wisdom and courage.” The PM expressed his belief in Lord Ram’s ideals becoming a basis for a developed India and energizing the resolve of Aatmanirbhar Bharat.

Union Home Minister Amit Shah also extended his wishes on the holy festival of Ram Navami, emphasizing Lord Ram’s life as a symbol of justice, social welfare, and self-respect. Amit Shah expressed pride in celebrating the Lord’s birth anniversary at his birthplace temple after 500 years.

“The Lord established the highest ideal of sacrifice for truth and religion through his life and guided the entire world for ages. I pray to God for everyone’s welfare,” Amit Shah stated on X. Ram devotees across the nation are enthusiastic about the celebrations marking this historical event at Ayodhya.

–IANS
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11 candidates from Jammu and Kashmir qualify for UPSC Civil Service Exam 2023

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11 from J&K qualify UPSC Civil Service Exam 2023

Eleven candidates from Jammu and Kashmir have qualified for the UPSC Civil Service exams this year. Aditya Srivastava from Uttar Pradesh topped the list with 1,016 candidates passing. Anmol Rathore, from Doda district, secured seventh All India Rank, also topping the JKCSE 2022. She is currently training in Jammu.

Anmol Rathore, a 24-year-old from Doda district, secured the seventh All India Rank in the UPSC exam. She had previously topped the Jammu and Kashmir Civil Service Examination in 2022 and is currently undergoing training at the Revenue Training Institute in Jammu. Rathore mentioned that she prepared for the exams on her own using online resources and believes that the youth in the region have immense potential if guided in the right direction.

Arjun Gupta from Kathua district achieved the 32nd rank in the selection list, while Manan Bhat from Srinagar district secured the 88th rank this year. Bhat had previously qualified for the civil services exam and is currently serving as an IPS officer in the Telangana cadre. Other candidates from Jammu and Kashmir who qualified include Harnit Singh Sudan, Mohammad Haris Mir, Mohammad Farhan Seh, Aparajita Aryan, Ghulam Maya Din, Suvan Sharma, Seerat Baji, and Dinesh Kumar.

According to the UPSC notification, a total of 1,016 candidates passed the Civil Service exam this year, with Aditya Srivastava from Uttar Pradesh emerging as the topper. Anmol Rathore, hailing from Doda district, made her mark by securing the seventh All India Rank and topping the Jammu and Kashmir Civil Service Examination in 2022. Anmol attributed her success to self-preparation and online resources.

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