Current Affairs: 25 February 2019

Daily Current GK Update

25 February, 2019

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  1. Odisha govt launches boat ambulance service for remote areas

The Naveen Patnaik-led Odisha government has launched a boat ambulance service to ferry patients to hospitals in remote areas. The project, which costs around 5.40 crore, reportedly includes six boat ambulances and 60 jetties with walkway. While the first boat ambulance was launched on Saturday, the remaining will be introduced in a phased manner, an official said.

Source: – PTI

 

  1. PM launches 375,000 crore scheme to give 6,000 to farmers annually

Prime Minister Narendra Modi on Sunday launched 375,000 crore farmers income scheme from Uttar Pradesh’s Gorakhpur. Pradhan Mantri Kisan Samman Nidhi proposes to give 36,000 to farmers in three instalments annually. Calling it a historic day, PM Modi said this is a scheme that will give wings to the aspirations of crores of hardworking Indian farmers who feed our nation.

Source: – ANI

 

  1. GST on under construction flats cut to 5% from the existing 12%

The GST Council announced under construction properties priced over 345 lakh will invite 5% GST, instead of 12%. A residential property priced at 45 lakh or below will now be defined as “affordable” and taxed at 1%, from 8% earlier. Further, a property of 60 square metres in metro cities and 90 square metres in non-metros will be considered “affordable”.

Source: – Bloomberg Quint

 

  1. SEBI orders seizure of 31 crore from promoters of ADF Foods

Markets regulator SEBI has ordered seizure of alleged illegal gains worth 31.02 crore from ADF Foods’ promoters Bhavesh and Priyanka Thakkar and four others in an insider trading case. SEBI found “insider” entities had access to unpublished price sensitive information regarding the firm’s buyback of shares. The entities can file replies within 21 days of receiving the order, SEBI said.

Source: – Bloomberg Quint

 

  1. Govt increases Risk and Hardship Allowance for CAPF personnel

The Ministry of Home Affairs increased the Risk and Hardship Allowance for CAPF (Central Armed Police Forces) personnel from 59,700 to 317,300 per month for those up to the Inspector rank. For those above Inspector rank, allowance was increased from 16,900 to 325,000. Over 88,000 CRPF personnel in the LWE states and J&K will benefit from the move.

Source: – The Indian Express

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