Table Of Contents GST Council and Compensation cess Breach of privilege RBI’s contingency fund Food Safety and Standards (Packaging and Labelling) First Amendment Regulations 2020 Protected Special Agriculture Zone 1. GST Council and Compensation cess Subject: Economy Context: The Goods and Services Tax (GST) Council met to discuss on compensating states for revenue shortfall. Concept: GST […]

Subject: Environment Context: The Tamilnadu government has notified rules for Tamil Nadu Protected Agricultural Zone Development Act which came into force on February 21. The rules are aimed at protecting the farmer interest along the Cauvery delta. What does the rule provide for? It provides for constituting a seven member technical committee that would assist […]

Subject: Schemes Context: The Food Safety and Standards Authority of India (FSSAI) has notified new regulations that will make mandatory the display of the calorie count of food products on menu cards for restaurant chains and online food aggregators by 2022 Concept: Food service establishments (restaurants) having central licences or outlets at 10 or more […]

Subject: Economy Context: The Reserve Bank of India (RBI) has retained Rs 73,615 crore within the RBI by transferring it to the Contingency Fund (CF) of the central bank, thus leading to a sharp fall in the transfer of surplus to the government in the current year. Concept: This is a specific provision meant for […]