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2. Centre diverted cess from intended funds, CAG finds

2. Centre diverted cess from intended funds, CAG finds

2. Centre diverted cess from meant price range, CAG unearths
2. Centre diverted cess from intended funds, CAG finds
  • The central executive has diverted just about 40% of the cash it accrued as cess to finance particular programmes to the overall handbag of the Consolidated Fund of India, making it tough to make sure they have been used for the meant goal, the Comptroller and Auditor Basic has found.
  • The CAG document tabled in Parliament stated: “Out of the Rs 2,74,592 crore gained from 35 cesses, levies and different fees in 2018-19, handiest Rs 1,64,322 crore have been transferred to order price range/ forums all over the yr and the remaining was once retained within the CFI (Consolidated Fund of India).”
  • This comprises Rs 47,272 crore of GST compensation cess that the centre diverted in violation of the GST Repayment Cess Act. The nationwide auditor’s document comes amid a federal spat after the centre requested states to borrow from the marketplace to make up for the shortfall in GST income this monetary yr.
  • At the Rs 124,399 crore cess accrued on crude oil and herbal gasoline between the years 2008-09 and 2018-19, the auditor discovered “no assurance” if it was once used for the meant goal — construction of the oil trade.
  • There’s extra: Rs 10,157 crore of street and infrastructure cess “was once now not transferred/ utilised” for the meant goal; Rs 2,123 crore was once diverted clear of a devoted fund for cellular telephony and broadband infrastructure in rural spaces; Rs 79 crore from the Nationwide Mineral Exploration Consider; Rs 41,309.07 of the well being and schooling cess; and “no devoted fund was once created to make sure” the Rs 8,871.19 crore accrued as ‘social welfare surcharge’ on customs was once used for its meant goal.
Five THINGS FIRST

As of late: PM Modi’s digital bilateral summit with Sri Lanka’s Mahinda Rajapaksa; Universities to reopen in Haryana; IPL – KKR vs SRH, The next day to come: French Open starts; IPL – RR vs KXIP

1. Bihar set for pandemic-era polls
  • The Bihar meeting elections can be held in 3 stages starting October 28, Election Fee of India announced. Key dates:
bihar polls

  • The pandemic has introduced forth some changes: Balloting timing has been greater by way of an hour (7 am to six pm, as a substitute of final at Five pm) save for Maoist-hit spaces. The collection of electorate in step with polling sales space has been reduced from 1,500 to one,000 and the collection of polling stations has been greater by way of over 60% to 106,526. The nomination procedure has been made absolutely on-line.
  • In spite of the set time table, the fight traces are nonetheless being tweaked. The ruling alliance is but to reach at a seat-sharing method. CM Nitish Kumar is more likely to cite the induction of defected RJD MLAs and the alliance with Jitan Ram Manjhi’s HAM to hunt additional seats for JD-U, TOI stories. BJP is more likely to push for a 50:50 association. The NDA had gained 39 of the 40 seats within the 2019 Lok Sabha polls; JD(U) misplaced one of the vital 17 it contested. Chirag Paswan of LJP is conserving his cards close to the chest.
  • The opposition alliance of Lalu Prasad Yadav’s RJD and Congress may just lose two smaller allies — RLSP and the Vikasheel Insan Birthday party. Additionally, it’s nonetheless now not set in stone if Tejashwi Yadav can be its CM candidate.
3. Vodafone wins arbitration case towards executive
3. Vodafone wins arbitration case against govt
  • The Vodafone Team has gained a world arbitration case towards the Indian executive in a Rs 20,000 crore tax dispute. The Hague-based Everlasting Court docket of Arbitration on Friday dominated the tax division’s choice to impose the retrospective tax was once in breach of a bilateral funding treaty between the Netherlands and India that promises “truthful and equitable remedy”.
  • The dispute relates to a metamorphosis of regulation India offered in 2012 that empowered it to retrospectively tax offers like Vodafone Team’s $11 billion acquisition of a 67% stake in Hutchison Whampoa in 2007. The regulation was once offered after a Splendid Court docket judgement went within the corporate’s favour.
  • It marks but every other win for Vodafone, which holds just about 45% stake in Vodafone Thought (rebranded as VI). Just lately, the Splendid Court docket allowed telecom firms to pay off their adjusted gross income (AGR) dues to the federal government unfold over 10 years. Vodafone India owed just about Rs 58,000 crore; Vodafone Team’s CEO Nick Learn had previous stated its India trade would should be liquidated if compelled to pay in lump sum.
  • Because the reprieve on AGR dues — a “good outcome”, as in step with Vodafone India — the corporate has launched into a advertising marketing campaign to arrest the outflow of consumers, together with turning into a co-sponsor of the IPL. CEO Ravinder Takkar stated the corporate has a “business plan” for turnaround and that the Rs 25,000 crore it plans to lift via fairness and debt is a “enough sum of money”.
4. Melody that transcended language obstacles
4. Melody that transcended language barriers
  • Mythical musician and playback singer Sripathi Panditaradhyula Balasubrahmanyam, 74, died in Chennai because of Covid-19 headaches on Friday. He had examined certain in early August, however in spite of trying out unfavorable later, he had remained in clinic as a result of deficient well being.
  • Popularly referred to as ‘SPB’ and ‘Paadum Nila’ (‘Making a song Moon’) amongst fanatics, the Kontampet, Andhra Pradesh-born singer boasted over 40,000 songs over a five-decade profession — making a song for MGR, Sivaji Ganesan and Gemini Ganesan, right down to the celebs of the current — and throughout 16 languages, together with Telugu, Tamil, Malayalam, Kannada, and Hindi.
  • Having made his making a song debut in 1966 with the Telugu film Sri Sri Sri Maryada Ramanna, it was once the ‘Ayiram Nilave Vaa’ (‘Come thousand moons’) from MGR-starrer Tamil flick Adimaipen that catapulted him to popularity in 1969. He made his Bollywood debut in 1981 with Ek Duuje Ke Liye.
  • For anyone and not using a formal coaching in classical song, the heights he scaled within the movie and degree song global along with his velvety voice weren’t one thing that even smartly skilled singers may just contact. He gained six nationwide awards, the Padma Shri (2001) and the Padma Bhushan (2011).
  • His best-known collaborations have been with song director Ilaiyaraaja and (afterward) AR Rahman. Known because the voice of Kamal Haasan in Telugu films and Salman Khan in Hindi motion pictures, dubbing (for Kamal Haasan, particularly) and performing additionally got here to SPB naturally.
NEWS IN CLUES
5. This town was once at the start known as ‘Lutetia’
  • Clue 1: It is going to be web hosting the 2024 Summer time Olympics; the 1900 version was once additionally held right here.
  • Clue 2: At the side of Zurich, it’s the costliest Ecu town to are living in, in step with The Economist.
  • Clue 3: The capital town could also be famously known as ‘The Town of Gentle’.

Scroll beneath for solution

6. DNA of Shopian stumble upon sufferers fits with circle of relatives
6. DNA of Shopian encounter victims matches with family
  • The DNA samples of 3 males killed in an alleged fake encounter with the Military in Jammu and Kashmir’s Shopian district in July have matched with their households, J&Ok Police stated on Friday.
  • Ultimate week, the Military had stated that it had discovered “prima facie” proof its troops “exceeded” powers underneath the Armed Forces Particular Powers Act all over the stumble upon.
  • The households of the 3 slain males had filed lacking stories and claimed that their wards have been labourers, now not terrorists, and have been killed in a faux stumble upon after they had long past to Shopian for paintings.
  • On July 18, 3 unidentified “terrorists” have been killed in an operation performed collectively by way of the Military’s 62 Rashtriya Rifles, CRPF and J&Ok police in Amshipora village, the Military spokesman had stated on the time. The our bodies, which in step with the military “have been buried as in step with established protocols”, have been exhumed for DNA trying out.
7. Will CSK’s spinners please get up?
7. Will CSK's spinners please stand up?
  • The document: Alert! That is the UAE, now not the Chepauk in Chennai. Little marvel then that each Ravindra Jadeja and Piyush Chawla have discovered the going difficult in IPL 2020. Whilst Jadeja’s dismal bowling figures, until now, reads 2/42 vs Mumbai Indians, 0/40 vs Rajasthan Royals, and nil/44 vs Delhi Capitals (on Friday in Dubai), Chawla has returned 1/21, 1/55 and a pair of/33, respectively.
  • That is 235 runs conceded in 24 overs by way of the duo, with simply six wickets to turn. Of the 19 wickets that CSK have scooped up up to now, spin has accounted for nearly a 3rd.
  • Whilst Chawla’s bowling reasonable these days stands at 27.28 (at an financial system fee of 9.08), glance away for Jadeja’s stats: 63.00 (at 10.5). And there is a key explanation why CSK suffered their second defeat at the trot. A snappy turnaround’s wanted.
  • The scorecard: DC 175/3 (Shaw 64) beat CSK 131/7 (Rabada 3/26, Nortje 2/21) by way of 44 runs
  • The stat: Leftarm spinner Axar Patel brushed aside Shane Watson for the 6th day out of the Eight innings he is bowled to him in T20s.
8. Clay king Nadal eyes Federer’s tally
8. Clay king Nadal eyes Federer’s tally
  • After skipping the primary pandemic-era primary, Rafael Nadal will get again into the thick of the motion because the French Open starts in Paris on Sunday. Chasing his 13th identify at Roland Garros and 20th primary (to tie with Roger Federer), the 34-year-old faces a tough draw, probably having to head via Fabio Fognini, Alexander Zverev, Dominic Thiem and Novak Djokovic prior to he can take a chunk of the Coupe des Mousquetaires.
  • The fast transition from exhausting courtroom to clay, the go back of Nadal, and Djokovic’s restoration at Rome Masters after the crisis in New York may also take a look at Thiem, who laid declare to the lads’s tennis throne along with his first primary identify a couple of weeks again. He may just face Nadal within the semis. The excellent news: Thiem is extra at house on clay.
  • Within the girls’s, the bets are on Simona Halep, the 2018 champion. Halep had skipped america Open however shook off the rust by way of profitable the Rome Masters early this week. Fortune favours her: Lacking in rivalry are 2019 champion Ashleigh Barty, three-time primary winner Naomi Osaka, and 2019 US Open winner Bianca Andreescu. However there’s a small hurdle of 23-time primary winner Serena Williams.
9. Amongst metros, Bengaluru worst hit by way of Covid in Sept
9. Among metros, Bengaluru worst hit by Covid in Sept
  • Pune has the very best collection of Covid circumstances and deaths in step with million inhabitants a number of the nation’s 9 biggest megapolises with a Five million+ inhabitants. However Bengaluru appears to be worsening the quickest, with the very best expansion in circumstances and deaths over the past one month (see above graphic).
  • The 9 megapolises between themselves account for just about 1.65 million (over 1 / 4 of the nationwide caseload) and over 38,000 deaths (40% of the national toll). Then again, the case fatality fee (CFR), or the collection of deaths for each and every hundred circumstances, has come down in all 9 towns over the one-month duration.

Friday’s depend:

  • Circumstances: 83,596; Day-to-day tally beneath 88,000 for ultimate 6 days; Total: 5,896,597
  • Deaths: 1,059; Total: 93,374

Additionally, the epidemic is a long way from over in India “with a probably large burden of mortality and morbidity to return”, and there is not any room for “false optimism”, The Lancet said in an editorial.

BEFORE YOU GO
10. A unprecedented apology from Kim Jong-Un
10. A rare apology from Kim Jong-Un
  • North Korean chief Kim Jong Un on Friday issued a rare apology over the killing of a South Korean authentic who was once it appears looking to defect by way of sea. Kim “feels very sorry to provide large unhappiness to [South Korean] President Moon Jae-in and South Korean electorate”, Moon’s adviser cited the North Korean message as pronouncing.
  • The apology is more likely to de-escalate tensions. It’s abnormal for North Korean dictators to apologise. In 1974, Kim Il Sung stated “very sorry” for a failed 1968 assassination try on South Korean President Park Chung-hee. In 2002, Kim Jong Il stated he, too, felt “sorry” in regards to the incident.
Solution to NEWS IN CLUES
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Paris. A person wielding a knife significantly wounded two other people on Friday in a suspected terror assault out of doors the previous places of work of satirical weekly Charlie Hebdo, 3 weeks into the trial of suspected accomplices within the 2015 bloodbath of the newspaper’s personnel. The assault is being investigated by way of specialist anti-terror prosecutors who’ve opened a probe into fees of “tried homicide associated with terrorism” and “conspiracy with terrorists”.

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Edited by way of: Sumil Sudhakaran
Participants: Judhajit Basu, Rakesh Rai, Tejeesh N.S. Behl
Analysis: Rajesh Sharma