Current Affairs: 18 December 2016

Himachal Pradesh 6th state to attain 100% Aadhaar coverage

• Himachal Pradesh has achieved 100% Aadhaar saturation on the basis of the 2015 population, making it the sixth state to achieve the milestone. Delhi, Telangana, Haryana, Punjab and Chandigarh have already achieved full coverage. 

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Parliament passes Persons with Disabilities Bill, 2016

• The Lok Sabha today passed "The Rights of Persons with Disabilities Bill - 2016". The Bill will replace the existing PwD Act, 1995, which was enacted 21 years back. The Rajya Sabha has already passed the Bill on 14.12.2016.
• The types of disabilities have been increased from existing 7 to 21 and the Central Government will have the power to add more types of disabilities.
• Reservation in vacancies in government establishments has been increased from 3% to 4% for certain persons or class of persons with benchmark disability.

Pradhan Mantri Garib Kalyan Yojana comes into effect

The Pradhan Mantri Garib Kalyan Yojana (PMGKY) notified along with other provisions of Taxation Laws (Second Amendment) Act, 2016 came into effect from 17 December 2016. It will remain open until March 31, 2016.

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The Pradhan Mantri Garib Kalyan Yojana (PMGKY) notified along with other provisions of Taxation Laws (Second Amendment) Act, 2016 came into effect from 17 December 2016. It will remain open until March 31, 2016.

Read more at: http://currentaffairs.gktoday.in/

The Pradhan Mantri Garib Kalyan Yojana (PMGKY) notified along with other provisions of Taxation Laws (Second Amendment) Act, 2016 came into effect from 17 December 2016. It will remain open until March 31, 2016

PMGKY stands for Pradhan Matri Garib Kalyan Yojana. This Yojana was launched in 2015. The objective behind this Yojana is to improve the financial position of the poor people. It is basically a poverty alleviation program. Under this program number of workshops were held.

RBI lowers charges on debit card payments to promote digital transactions

The Reserve Bank of India (RBI) limits the Merchant Discount Rates (MDR) for debit card transactions up to Rs. 1,000 at 0.25% and for transactions above Rs. 1,000 and up to Rs. 2,000 at 0.5% in order to promote greater adoption of digital payment methods.

Moreover, RBI also has asked banks and prepaid payment instrument (PPI) issuing entities not to levy any charges for transactions upto Rs. 1000 settled using Immediate Payment Service (USSD) based *99# and Unified Payment Interface (UPI) systems.