Government banned 47 more Chinese apps

Vaishali Singh

On July 27, 2020, Government Of India banned the 47 more Chinese apps. It’s been nearly a month after the ban of the 59 new Chinese apps, taking the total number of 106 blocked mobile applications.The new apps include clones and different versions of some of the original apps, official sources said, adding that action may soon be taken against more Chinese apps operating in India. About a month ago the GOVt. banned apps such as TikTok, Uc browser, Helo, CamScanner, WeChat, Shareit, MiCommunity, for engaging in activities which are prejudicial to sovereignty and integrity of India, defense of India, security of state and public order.

The new banned apps include Cam Scanner HD, and light version of censored apps such as Likee, Bigo Live, and Helo etc. It is believed thst the government is closely scrutinising other apps that have Chinese bearings. These includes top gaming apps.

The other reasons, the government is concerned about the data collection and data harvesting practices of these apps and feels that these processes may be prejudicial to the security of the country. The government has so far sent a long list of questions to Chinese app developers. Many of the companies are yet to respond to the questionnaire.

Depression : a myth or a serious problem ?

What is depression

Most of the time people feel sad or depressed. It’s normal reaction to loss or struggles in life. But when this sadness become intense – including feeling helpless, worthless , hopeless , lack of self esteem and lack of confidence – last for many days to weeks and keeps you from living your life happily, it may something more than sadness. You could have clinical depression – a treatable medical condition. 

Symptoms of depression 

Depression symptoms can vary from mild to severe and can conclude: 

1. You can’t sleep or sleep too much almost every day,

2.  You have almost no interest or pleasure in many activities nearly every day,

3.  You’ve lost or gained weight.

4.  You feel restless,

5.  You often think about suicide or death,

6. You feel tired or lack of energy,

7.  Loss pleasure in life,

8.  Have sad, anxious or empty feelings.

Physical signs of the depression

There are some physical sign of the condition they may include back pain, joint pain, digestive problems, sleep trouble and  breathing problems. At any one time it is estimated that more than 300 million people have depression – about 4% people of the world’s population when the figures were published by world health organization (WHO) in 2015 women are more likely to be depressed than man.

Treatment

The WHO estimates that Fewer than half of people with depression are receiving treatment. Many more will getting inadequate help, often focused on medication. 

The most common therapy is congnitive Behavioural therapy, which breaks down overwhelming promotion into Situations , thoughts, emotions, physical feelings And actions try to break a cycle of negative thoughts.

If you or you know someone who has symptoms of depression, talk to your doctor. he can evaluate you And offer you treatment or refer you to a mental health professional.

Conclusion

While there are more and more treatments for depression. The problem is rising not falling. 

According to a research , From 2005-15 , cases of Depressive illness increase by nearly a fifth. People born after 1945 are 10 times more likely To have depression this reflects both population growth and a proportional increase in the rate of depression. Among the most at- risk ages. the WHO said.

A key reason for the Continuing rise in depression cases Is that drug is that drug not necessarily “cure” the patient. And other therapies that can make the crucial difference are not in sufficient supply.

So we have conclude that we should openly talk about depression illness and it’s symptoms we should not take it lightly or as a myth. Mostly in Indian society when anyone is suffered by depression insted of helping the person, we considered that person as mentally disabled. We need to understand that depression is Simlar to cold and fever if anyone is needed is just the right treatment. 

Typhoid and low levels of Serotonin

Vaishali Singh

It’s the seventh time I got detected positive with typhoid, the first time my Widal test came out to be positive was when I was in 5th standard and today I am in the second year of my college it’s been more than 10 years but the problem is still there, the typhoid bacteria Salmonella typhi, activates in favourable condition, for 2 years I had no typhoid but still the problems related to intestine were there, I always suffer from stomach and digestion related problems and overtime these problems decreased the amount of serotonin in my body, my poor metabolism and digestive problems ultimately caused me low levels of serotonin which keeps me frustrated and unhappy for long period of time, most of the times I feel so empty, unhappy and lonely, for years I never understood that it was a clinical problem as I never gave it my attention but the research and deep analysis of 2 days made me understood that every mental health problem has connection to your physical health, the low levels of serotonin makes one feel depressed, broken, restless, emotional and unhappy, and overtime this problem can lead to severe problems which can destroy your mental peace so always take it seriously, you feel low most of the times because your feeling can may have a huge connection with your physical health, now the solution to my problem is to keep your body fit with regular Yoga, exercises and most importantly the healthy food, the another important thing is to do the meditation sessions to boost the serotonin, since this february my health condition is poor and I am struggling to make myself happy but today I understood the proper reason so now I can hope I’ll be better with continuos efforts.

Thank you for reading it, the purpose of putting it here was to aware you that if you’re suffering from Typhoid, or any other disease which affects your intestine or may be any other organ, can lead to decrease in your serotonin level and can cause you depression or severe anxiety but don’t be sad instead work for it, first of all just take time to get recover from that health condition then focus upon healthy food, workout and meditation overtime you will be healed.

What is Serotonin? Serotonin is a neurotransmitter, it’s involved in numerous core physical processes such as the regulation of sleep, appetite, and aggression. For more details read this link, https://www.integrativepsychiatry.net/product-category/neurotransmitters/serotonin/

Chipko movement

The Bishnoi faith is a religious offshoot of Hinduism founded on 29 principles, most of which promote environmental stewardship. Bishnois strictly forbid the harming of trees and animals. The religion was founded by Guru Maharaj Jambaji in 1485 AD in the Marwar (Jodhpur) desert region of western Rajasthan, India. Jambaji witnessed the incessant clear-cutting of trees during times of drought to feed animals, only to see them die eventually as the drought continued. He also recognized the importance of trees within his local ecosystem (keeping animals alive) and banned cutting down green trees and killing birds or animals. Jambaji’s spiritual reverence for nature led to a tradition of harmony with the local ecology: in the middle of an arid desert region, the Bishnois are famous for cultivating lush vegetation, caring for animals, and collecting drinkable water.

In 1730, almost 300 years after Guru Jambaji’s 29 principles were recorded, the maharajah (king) of Jodhpur wanted to build a new palace. He sent soldiers to gather wood from the forest region near the village of Khejarli, where Bishnoi villagers had helped foster an abundance of khejri (acacia) trees. When the king’s men began to harm the trees, the Bishnois protested in anguish but were ignored by the soldiers, who were under royal orders.

Amrita Devi was a female villager who could not bear to witness the destruction of both her faith and the village’s sacred trees. She decided to literally hug the trees, and encouraged others to do so too, proclaiming: “A chopped head is cheaper than a felled tree.” Bishnois from Khejri and nearby villages came to the forest and embraced the trees one by one to protect them from being cut down. As each villager hugged a tree, refusing to let go, they were beheaded by the soldiers. This voluntary martyrdom continued until 363 Bishnoi villagers were killed in the name of the sacred Khejarli forest.

Once word got back to the King about this activity he rushed to the village and apologized, ordering the soldiers to cease logging operations. Soon afterwards, the maharajah designated the Bishnoi state as a protected area, forbidding harm to trees and animals. This legislation still exists today in the region.

In memory of the 363 Bishnois, who died protecting their dear trees, a number of khejri trees are planted around the area, which is still notably lush and rich with animal life. The Bishnoi sacrifices became the inspiration for a much larger Chipko movement that is still growing today, in which villagers physically embrace trees to save them from logging.

The dedication of the Bishnoi community to protect their land and their wildlife has also led to the creation of a vast protected wildlife reserve. Unlike better-known and more popular reserves, like Ranthambore, Sariska and Keoladheo in Rajasthan alone, the wildlands of Bishnoi do not come under the protection of the government. This is wholly a community-driven preservation project, and it shows. You’ll find animals, both endangered and otherwise, living in harmony with the Bishnois. The bond between humans and nature here is something sorely missed in the world, but you get to experience it first hand here.

A peek into ordinary village life in Bishnoi
A tour of Bishnoi shouldn’t be left without visiting one of the village homes of the people. The people are warm and welcoming, offering a hot cup of tea as they show you how they live their day-to-day lives, so different from what most of us are used to. Think earthen ‘refrigerators’ that use the properties of clay to keep its contents cool, rustic hand-operated millstones that grind flour and the opportunity to sit down with a family and discover their unique rituals and remedies.

The chance to spot endangered and endemic species
Bishnoi may not be a government-operated wildlife preserve, but centuries of harmony between the Bishnoi community and the animals that call this place home means that you get the chance to spot some rather interesting species. With a keen-eyed driver as your guide, you’ll get to see animals like the rare and beautiful blackbuck and the massive Nilgai as you make your way through Bishnoi. Large families can be seen grazing and resting on the slightly forested and grassy plains that lie right by the roads.

The opportunity to see rare migratory birds
One of the biggest draws of Bishnoi, apart from its fascinating community and the Khejarli village monument and temple, is the water reservoir of Guda Bishnoiyan. The Guda Bishnoi Lake is a big watering hole for migratory birds that fly during the winter from the north. It is one of the handful of spots where these birds rest before scattering about to different areas further south, so you’ll find an incredibly diverse range of birds here. Siberian cranes, Demoiselle cranes and Sarus cranes can be seen, along with more common bird species in the area, like the coot.

High time we forget caste system

Caste discrimination is a highly politicised and sensitive issue in India. Despite constitutional safeguards and special legislation for the protection of the country’s 201 million ‘scheduled castes’ (the official term for Hindu, Sikh and Buddhist Dalits), violations of their fundamental human rights continue on a massive scale. Key issues include access to justice and rising violence against Dalits, multiple discrimination against Dalit women, slavery and child labour, discrimination in education, untouchability and access to basic services including humanitarian aid, social and economic rights and shrinking space for Dalit human rights defenders

Caste is both a historical truth of the Indian subcontinent, and a reality of modern-day India. Some of us are still unaware of the extent to which caste remains an ordering principle in our society today. Caste is present in a massive way in most of India and caste-based discrimination and violence takes place across the nation. In metropolitan cities too, caste has its ugly presence, even if not in obvious ways.

After India achieved independence, quotas on employment- known as ‘reservations’ were introduced into the Constitution, and discriminating against the lower castes was made illegal. By 1990, the quota rose to about 49%, and it applied to groups that were classified as “Other Backward Classes”, “Scheduled Castes,” and “Scheduled Tribes” (groups of historically disadvantaged indigenous Indians).

A major misunderstanding is that there are only four castes: Brahmin, Kshatriya, Vaishya and Shudra. These are the Varna’s, which are considered ‘super castes’. However, castes are often regional, and divided based on not just profession. Profession is a minor part of the division that is mainly hereditary, based on different traditions and social status, and degrees of untouchability. And the “untouchable” castes: the main victims of this system of oppression, are not even mentioned in the Vedas. The Dalits, or Scheduled Castes as the government recognises them, form a fifth Varna kept out of the system.  

In the caste system, the women were utterly neglected. They enjoyed a very conservative and traditional type of status. They were denied the privilege of higher education. They could not voice their opinion in public affairs.

The women belonging to the higher castes led a still more precarious life due to the practice of child marriage and prohibition of widow remarriage. The desire for male made women produces more and more children which affected their physical and mental condition. Sometimes the lower caste women were sexually harassed by the higher caste males but they could not protest against them due to the prevailing social pattern. In a nutshell, women enjoyed a very low status in the caste system.

Leaders in India must continue to challenge the mindset of those who seek to maintain the status quo. Of the Dalit children who stay in education, the majority are still forced to sit in the back of class and banned from touching mid-day meals. Similarly, a recent survey found that 65% of health workers still refuse to visit SC and ST settlements at all, denying basic care to some of India’s most vulnerable people. Violence against Dalits remains rife. As long as this kind of prejudice remains progress will continue to stall. Modi, himself a member of an Other Backwards Class but at risk of alienating his core support of Gujarati Patels, has been very reluctant to challenge prejudicial language during these recent anti-reservation protests. If the Indian government remains committed to tackling extreme poverty then they must find long term solutions to caste inequality than are currently in place.  

Trump executive order possibly provide better market access to indian pharma companies in U.S

President Donald Trump executive orders, aimed at substantially reducing drug prices for the US residents, underscore the campaign pitch of the next election. Pharma pricing has been one of the most widely debated topic in America and we are likely to see some pre-election action on the issue.

Trump said the first order “will require federal community health centers to pass the giant discounts they receive from drug companies on insulin and EpiPens directly to their patients,” while the second allows some drug importation and the third will take discounts away from middlemen such as pharmacy benefits manager and give them to patients.

The fourth order will require that Medicare purchase drugs at the same price as foreign countries pay, Trump said. It “will end global freeloading on the backs of American patients and American seniors.

Though the enforcement of the orders before the November 3 election looks difficult because of legal hurdles and various caveats, if they go through Indian drug manufacturers may stand to benefit in terms of increased market access on the formulation side.

As a result of the orders, the heads of major drug companies have requested a meeting on Tuesday to discuss how to lower drug prices and out-of-pocket expenses for Americans, the president added. If talks are successful, the administration may not need to implement the fourth executive order.

The Trump’s order in general is aimed at reducing the gains of middlemen in the US pharma value chain and to that extent, at least optically, it doesn’t impact manufacturers directly. But the way drug price negotiations are usually done it can have an indirect impact on the large pharma manufacturers.

The most important executive order from the manufactures point of view is the fourth one. Spooked by this order, the stocks of the US-based big pharma companies reacted negatively on Friday. While the order doesn’t distinguish between patented drugs and generic drugs, it is most likely meant for the former as the generic market is already quite competitive.

Since the whole idea of the executive orders is to make drugs affordable, there is a good chance of a revamp of the US medicare and the way drug price negotiations are done. This can have a positive outcome on market access. In our opinion, Indian drug manufactures such as Cadila, Lupin, Cipla, Dr Reddy and Sun Pharma and a few small-sized pharma companies, such as Laurus Labs, may benefit if such an event unfolds. In such a case, volume opportunity may offset the incremental pricing erosion.

Trump over the years often has stated that drug companies are “getting away with murder” and prices are “out of control,” though this year he has been meeting with pharma execs as their companies work on a CoronaVirus vaccine.

Maggi story as brand

The MAGGI brand originated in Switzerland. It was founded in 1884, when Swiss entrepreneur Julius Maggi had a vision: to make good-tasting and nutritious food accessible to busy, working families. He invented a powdered pea and bean soup, to provide nutritious, easy to prepare food for busy women who worked in factories and didn’t have time to prepare healthy meals.

This first MAGGI product was followed two years later with the invention of ready-to-use soups and liquid seasoning. Nestlé acquired the MAGGI brand in 1947 and today, more than 120 years later, we strive to build on Julius Maggi’s ambition of making delicious, quality and nutritious food accessible to all.

Today the tradition continues around the world. Whether it’s MAGGI bouillons, soups, or seasonings, consumers have come to know and trust the MAGGI brand for its high quality, convenience and nutrition.

History

The company originated in Switzerland in 1884, when Julius Maggi took over his father’s mill. He quickly became a pioneer of industrial food production, aiming to improve the nutritional intake of worker families. Maggi was the first to bring protein-rich legume meals to the market, and followed up with a ready-made soup based on legume meals in 1886. After that Julius Maggi introduced bouillon concentrates, first in capsules, then in cubes. In 1897, Julius Maggi founded the company Maggi GmbH in Singen, Germany.

Maggi has become a household name and it is synonymous with noodles. However, Maggi offers other products apart from noodles, and these are soups, ketchups, sauces, and stock cubes. Maggi as a brand was established in 1863 in Switzerland, when Julius Michael Johannes Maggi developed a formula to bring greater taste to meals. In 1882, the Swiss Public Welfare Society authorised Maggi to come up with a vegetable food product that is easy and quick to prepare, to help with the problem of women having less time in the kitchen.

This led to the creation of two instant pea soups and an instant bean soup that reached the height of success. In 1947, Maggi merged with Nestle and since then it has been providing high quality and innovative products to the world.   Maggi has captured the hearts of millions around the world because it understands the needs of people and manages to meet these demands. For example, in the 1980s, when there was a huge increase in the number of women joining the workforce, Nestle India introduced Maggi 2 Minute Noodles to the Indian crowd. This is how Maggi revolutionised the instant food industry, particularly the instant noodles segment. When eating habits of people changed, Maggi tweaked its products to include low-fat bouillons.   

When Maggi was launched in India in the 1980s, there was no direct competition from instant noodle brands. However, there was competition from other snacks that Indians had been fond of for decades, and these included samosas, pakoras, and sandwiches. However, most of these snacks are purchased from roadside stalls, and are relatively unhygienic and unhealthy. So, Maggi positioned itself as the only hygienic homemade brand. It decided to target working women who did not have much time to prepare elaborate meals in the kitchen. However, Maggi realised later, through surveys, that children were the largest consumers of Maggi noodles. And then Maggi repositioned its brand towards the kids segment and included various promotional tools such as sketch pens, colour pencils, and fun books to entice children. And this worked wonders for the brand. Due to its promotional activities, Maggi’s annual growth grew by 15% during its initial years, and today, Maggi is the leading brand in the instant noodles segment in India, with a market share of 79.3%.   

Maggi is worth Rs 200 crores and contributes to approximately 10% of Nestle India’s top line. Being a pioneer in the noodles market in India has definitely given Maggi a boost and first mover’s advantage over other brands. Maggi is slowly but surely widening its market to reach out to more and more people. Today, Maggi has introduced Vegetable and Dal Atta noodles to cater to those who are health conscious. Maggi’s products come in travel packs as well as bulk packs, to cater to those who look for convenience while travelling and those who are price sensitive and prefer to purchase food in bulk. Maggi is one of the few brands to have taken the time to understand its consumers and their requirements, which is why it is one of the most successful brands, not only in India but in the world. 

First batch of Rafale jets leave from France; to be inducted in Indian Air Force on 29th July

The first batch of five Rafale jets flew out of France and will arrive in India on Wednesday. The fighter jets will officially be inducted and join the Indian Air Force fleet in Haryana’s Ambala on July 29th.  The fighter jets, built by French aviation firm Dassault, took off from the Merignac airbase in southern France’s Bordeaux.

The five aircraft will be the first tranche of the 36 planes bought by India from France in a Rs. 59,000-crore inter-governmental deal in 2016.

The Rafale aircraft will cover a distance of nearly 7,000 km from France to India with air-to-air refuelling and a single stop at a French airbase in the United Arab Emirates (UAE).

Indian Embassy in France in a statement said, Delivery of ten aircraft has been completed on schedule but Five will stay back in France for training Mission.

The delivery of all 36 aircraft will be completed on schedule by the end of 2021. Delivery of ten rafale aircrafts have been completed on schedule. 

Five rafales will stay back in france for training mission. First Rafale fighter jet was handed over to India in October 2019. 

India maintained new high of more than 5 lakh COVID 19 tests in a single day: Health Ministry

India has created and maintained a new high of more than 5 lakh COVID 19 tests conducted in a single day over two consecutive days.

Health Ministry said, this is the outcome of the Union Government’s focus on aggressive testing, tracking and treatment policy to curb the spread of COVID-19.

On Sunday, India tested a total of 5 lakh 15 thousand samples and yesterday, a total of 5 lakh 28 thousand samples were tested.

Environment Minister to dedicate to people Guinness world record recognizing India’s efforts in monitoring its wild tiger population

Union Environment Minister Prakash Javadekar will dedicate the Guinness world record to the people on the eve of Global Tiger Day, 2020 today. The record recognizes the country’s efforts in monitoring its wild tiger population as the world’s largest camera-trap survey of wildlife.
 
India now has nearly 70 per cent of the global tiger population. The event is expected to be joined by around 500 participants from across the country. The Minister is likely to launch the new website and Outreach Journal of the National Tiger Conservation Authority.
 
The Heads of the Governments of Tiger range countries had resolved to double the tiger population by the year 2022. In this regard, Saint Petersburg Declaration on Tiger Conservation was signed by the countries in 2010. It was decided to celebrate 29th of July as Global Tiger Day across the world to create awareness on tiger conservation.

Fiscal Policy

Fiscal policy is the guiding force that helps the government decide how much money it should spend to support the economic activity, and how much revenue it must earn from the system, to keep the wheels of the economy running smoothly.


Fiscal policy in India:

Fiscal policy in India is the guiding force that helps the government decide how much money it should spend to support the economic activity, and how much revenue it must earn from the system, to keep the wheels of the economy running smoothly. In recent times, the importance of fiscal policy has been increasing to achieve economic growth swiftly, both in India and across the world. Attaining rapid economic growth is one of the key goals of fiscal policy formulated by the Government of India. Fiscal policy, along with monetary policy, plays a crucial role in managing a country’s economy.


What is meant by Fiscal Policy in India?

Example of Fiscal Policy in India:
Through the fiscal policy, the government of a country controls the flow of tax revenues and public expenditure to navigate the economy. If the government receives more revenue than it spends, it runs a surplus, while if it spends more than the tax and non-tax receipts, it runs a deficit. To meet additional expenditures, the government needs to borrow domestically or from overseas. Alternatively, the government may also choose to draw upon its foreign exchange reserves or print additional money.
For example, during an economic downturn, the government may decide to open up its coffers to spend more on building projects, welfare schemes, providing business incentives, etc. The aim is to help make more of productive money available to the people, free up some cash with the people so that they can spend it elsewhere, and encourage businesses to make investments. At the same time, the government may also decide to tax businesses and people a little less, thereby earning lesser revenue itself.
Main objectives of Fiscal Policy in India:
• Economic growth: Fiscal policy helps maintain the economy’s growth rate so that certain economic goals can be achieved.
• Price stability: It controls the price level of the country so that when the inflation is too high, prices can be regulated.
• Full employment: It aims to achieve full employment, or near full employment, as a tool to recover from low economic activity.

The objective of fiscal policy is to maintain the condition of full employment, economic stability and to stabilize the rate of growth.
Generally following are the objectives of a fiscal policy in a developing economy:

  1. Full Employment:
    The first and foremost objective of fiscal policy in a developing economy is to achieve and maintain full employment in an economy. Therefore, to reduce unemployment and under-employment, the state should spend sufficiently on social and economic overheads. These expenFull Employment:ditures would help to create more employment opportunities and increase the productive efficiency of the economy.
    In this way, public expenditure and public sector investment have a special role to play in a modern state. A properly planned investment will not only expand income, output and employment but will also step up effective demand through multiplier process and the economy will march automatically towards full employment. Besides public investment, private investment can also be encouraged through tax holidays, concessions, cheap loans, subsidies etc.
  2. Price Stability:
    In developing economies, inflation is a permanent phenomena where there is a tendency to the rise in prices due to expanding trend of public expenditure. As a result of rise in income, aggregate demand exceeds aggregate supply. Capital goods and consumer goods fail to keep pace with rising income.
    In short, fiscal policy should try to remove the bottlenecks and structural rigidities which cause imbalance in various sectors of the economy. Moreover, it should strengthen physical controls of essential commodities, granting of concessions, subsidies and protection in the economy. In short, fiscal measures as well as monetary measures go side by side to achieve the objectives of economic growth and stability.
  3. To Accelerate the Rate of Economic Growth:
    Primarily, fiscal policy in a developing economy, should aim at achieving an accelerated rate of economic growth. But a high rate of economic growth cannot be achieved and maintained without stability in the economy. Therefore, fiscal measures such as taxation, public borrowing and deficit financing etc. should be used properly so that production, consumption and distribution may not adversely affect. It should promote the economy as a whole which in turn helps to raise national income and per capita income.
  4. Optimum Allocation of Resources:
    Fiscal measures like taxation and public expenditure programmes, can greatly affect the allocation of resources in various occupations and sectors. As it is true, the national income and per capita income of underdeveloped countries is very low. In order to gear the economy, the government can push the growth of social infrastructure through fiscal measures. Public expenditure, subsidies and incentives can favorably influence the allocation of resources in the desired channels.
    Tax exemptions and tax concessions may help a lot in attracting resources towards the favoured industries. On the contrary, high taxation may draw away resources in a specific sector. Above all, direct curtailment of consumption and socially unproductive investment may be helpful in mobilization of resources and the further check of the inflationary trends in the economy.
  5. Equitable Distribution of Income and Wealth:
    To reduce inequalities and to do distributive justice, the government should invest in those productive channels which incur benefit to low income groups and are helpful in raising their productivity and technology. Therefore, redistributive expenditure should help economic development and economic development should help redistribution.
  6. Economic Stability:
    Fiscal measures, to a larger extent, promote economic stability in the face of short-run international cyclical fluctuations. These fluctuations cause variations in terms of trade, making the most favourable to the developed and unfavourable to the developing economies. So, for the purpose of bringing economic stability, fiscal methods should incorporate built-in-flexibility in the budgetary system so that income and expenditure of the government may automatically provide compensatory effect on the rise or fall of the nation’s income.
    What is the difference between fiscal policy and monetary policy?
    The government uses both monetary and fiscal policy to meet the county’s economic objectives. The central bank of a country mainly administers monetary policy. In India, the Monetary Policy is under the Reserve Bank of India or RBI. Monetary policy majorly deals with money, currency, and interest rates. On the other hand, under the fiscal policy, the government deals with taxation and spending by the Centre.
    Importance of Fiscal Policy in India:
    • In a country like India, fiscal policy plays a key role in elevating the rate of capital formation both in the public and private sectors.
    • Through taxation, the fiscal policy helps mobilise considerable amount of resources for financing its numerous projects.
    • Fiscal policy also helps in providing stimulus to elevate the savings rate.
    • The fiscal policy gives adequate incentives to the private sector to expand its activities.
    • Fiscal policy aims to minimise the imbalance in the dispersal of income and wealth.

Directorate General of GST Intelligence books 3 firms for tax evasion of over Rs 600 crore

Directorate General of GST Intelligence, DGGI has booked three firms for tax evasion of over 600 crore rupees. An official statement said, a case was booked against M/s. Fortune Graphics Limited, M/s. Reema Polychem Private Limited and M/s. Ganpati Enterprises, who were found involved in issuance of invoices without any actual supply of goods.
 
It said, the case was detected and developed by the officers on further data analytics out of a case booked against one of the exporters, M/s Anannya Exim, covered in the all India joint operation, launched by DGGI and Directorate of Revenue Intelligence in September last year against various exporters for fraudulently claiming IGST refund on the basis of ineligible input tax credit.
 
The statement said, during the investigations conducted by the DGGI Headquarters, it has emerged that the three companies have issued invoices worth more than 4,100 crore rupees wherein tax amount of more than 600 crore rupees has been fraudulently passed on as ITC credit to different entities.

In this regard, three persons have been arrested by DGGI for committing offences under GST Act and remanded for judicial custody by the Magistrate. 

Chhattisgarh govt extends lockdown in hotspot areas till 6th August

In Chhattisgarh, the state government has decided to extend the lockdown in hotspot areas till August 6 following surge in COVID-19 cases. The decision was taken at a high-level meeting chaired by Chief Minister Bhupesh Baghel yesterday.
 
Briefing the media after the meeting, Agriculture Minister Ravindra Choubey said that in view of the spurt in COVID-19 cases in several major cities like Raipur, Durg and Bilaspur, a decision has been taken to extend the week-long lockdown enforced in these areas till August 6th.
 
All the district collectors have been instructed to continue the lockdown after reviewing the situation. District collectors have been instructed to ensure strict compliance with lockdown rules in corona virus hotspots and take effective steps to check the spread of the infection. Lockdown has been imposed in most parts of Chhattisgarh since July 22nd. 

PM stresses on developing new health infrastructure, boosting existing infrastructure in villages

Prime Minister Narendra Modi mentioned the need to develop new health infrastructure and boost the already existing health infrastructure facilities in the villages during the launch of three high throughput COVID-19 testing facilities yesterday.

Prime Minister said that apart from developing the physical infrastructure, the country has also managed to swiftly ramp up human resources including paramedics, ASHA workers, Anganwadis among others. He said, as health workers, they played a significant part in controlling the spread of the pandemic.

He also spoke about the need to work on continuously attaching new and retired health professionals with the health system in order to prevent fatigue from setting in our Corona Warriors.

The Prime Minister forewarned people to be cautious during the celebrations of the festivals in order to keep the virus contained. He underlined that the benefits of PM Garib Kalyan Anna Yojna should reach the poor on a timely basis. He added that till the time a vaccine is not developed, people should adhere to the health guidelines following do gaz doori, wearing masks and hand sanitization.

The launch ceremony of the three high-throughput testing facilities was also attended by Union Health Minister Dr. Harsh Vardhan, Chief Ministers of Uttar Pradesh, Maharashtra and West Bengal along with ICMR Director General Dr Balram Bhargava.