IAS/ PCS :
On 10th July, 2019, the Cabinet approved the Banning of Unregulated Deposit Schemes Bill, 2019, replacing the Banning of Unregulated Deposit Schemes Ordinance introduced in February, 2019.
On 9th July, 2019, Odisha became the first Indian state to implement the Centre’s Witness Protection Scheme, 2018. Endorsing the central scheme on December 5 last year, the Supreme Court had directed all States and UTs to implement it in letter and spirit.
The Finance Minister announced the slashing of allocation for Iran’s Chabahar port during the budget speech on 5th July, 2019.
Recently, on 5th July, the Union Budget was released by the Finance Minister.
Economic Survey was released on 4 July 2019 by the Union Minister of Finance in Parliament.
On 2nd July 2019, Union Minister for Social Justice and Empowerment said in the Rajya Sabha that shifting of 17 Other Backward Classes (OBCs) to the Schedule Caste list is unconstitutional, and a transgression of Parliament’s jurisdiction.
- On 3rd July, 2019, Ministry of Agriculture and Farmers Welfare signed a Statement of Intent (SoI) for undertaking a pilot study with IBM India.