29 February 2016 Current Affairs
Rahul Sachdev won India Open snooker title
Former National 6Reds runner-up Rahul Sachdev clinched his maiden title by winning the 1st All India Open Invitational Snooker Championship in Aurangabad. In the final, Rahul defeated current national 6Reds no.4 Pushpender Singh of Railways 5-3. Since last five years, Rahul had achieved the highest by reaching the National 6Reds final in the year 2013.
Alok Verma as Delhi’s New Police Commissioner
Senior IPS officer Alok Kumar Verma took charge as the new Commissioner of Delhi Police on 29 February 2016. Mr Verma succeeds BS Bassi. Mr Verma, a 1979 batch IPS officer of the AGMUT (Arunachal Pradesh-Goa-Mizoram and Union Territory) cadre, was serving as the Director General of Tihar jail. Mr Verma, who had joined as DG of Tihar on 6 August 2014 after serving as Special Commissioner of Police (Administration), is set to retire after 17 months. He served Delhi Police in number of positions, including Deputy Commissioner of Police, South District, Joint Commissioner of the Crime Branch, Joint Commissioner of Police, New Delhi Range, Special CP (Intelligence) and Special CP, Vigilance. He had served as the Inspector General of Police in Andaman and Nicobar Islands and Director General of Police (DGP) of Puducherry.
Union Budget of India 2016 -17
“Finance Minister Arun Jaitley presented the Union Budget for year 2016-17 in Parliament on 29 February 2016.This was the second full term annual budget presented by Finance Minister, Arun Jaitley.
Highlights of Union Budget of India 2016:
Agriculture and farmer welfare: Ensuring double income of farmers, which would include Rs 35,984 crores investment, new infrastructure for agriculture, manure, animal husbandry and irrigation. 25.8 lakh hectare to be brought under irrigation. 23 projects under the scheme to be accomplished before 31st march 2017. 14 crore farm holding under fertilizers scheme. E-market for 585 pre-regulated retailers for easy and transparent accessibility to farm products. Rs 38,500 crore to be assigned to MNREGA.
Rural employment and social sector: Funds allocation to Panchayats to develop block. Roads and infrastructure to be the prime focus of block development. Drought help, increase in self-help groups. Electrification of 5,584 village, which is more than 3 years combined. Digital literacy for rural India to cover 6 lakh household. Overall investment of Rs 87,765 crores for rural India. Investments also in skill development programs and jobs. The ministry will invest 2,000 crore to meet initial costs of LPG connection for BPL families. This scheme to cover 5 crore households. This will also increase the youth employment in supply chains in rural India.
Healthcare: Govt launches health protection scheme, with a coverage of 1 lakh per family. Senior citizens to have a coverage of 130, 000. 3,000 government medical stores to be established for cheap medicines. National dialysis service for renal diseases to be established and subsequent benefits to be provided. 500 crore to be invested in entrepreneurship for SC/ST women, 2.5 lakh centres to be benefited under this scheme.
Education: Forms the key element of the budget, however, the focus now is on quality education. World class teaching in higher education. Higher education financing agency to be established. Rs 1700 crore to be invested for skill development. This would benefit 1 cr youth over 3 years.
Infrastructure and lifestyle: 85% of the 70 projects that lay unattended in the beginning of year are back on track. Rs 55,000 crore to be spent on roads and highways. Total allocation 97,000 crore including the rural infra. 10,000 kms of highway to be built this year. 50,000 highway in state for upgradation.
Road transport sector opened up in passenger segments. Road access to be amended. Undeserved airports to get development package. Oil and gas self-sufficiency to be promoted, incentivisation of production in deep sea. New discoveries of oil in new areas. Will get market freedom. Coal production highest in 2 decades. Rs 3000 crore per annum to be given to to nuclear power generation.
Finance reforms and financial sector: Built cushion for bankrupcy in banks. Rs 25,000 crores for recapitalisation of public sector banks. Aadhar for social security to target beneficiaries in the bpl sector. To improve environment of start-ups. Debt recovery tribunals to be strengthened. Governance to make people to realise their full potential.
Delivery to needy: 15,000 fair price shops
Tax reliance: Relief to small tax payer Rs 2000 to Rs 5000. Tax benefit increased in HRA from Rs 24,000 to Rs 60,000 relief for rented people. For small and medium enterprises, tax exemption on turn over limit to 2 crores. Overall, taxation for professionals eased.
Pradhanmantri Aawas Yojana enables 100% rebate for 30 square meter to 60 square meter. Rs 35,000 increased on tax benefit on housing loans. Withdrawal of 40% from NPs to be tax exempted. No change in tax slab. excise duty increased on tobacco products, except Bidi. Rationalisation of excise and duty to boost Make in India.
Service tax exemption under rural electrification plans. penalty in cases on concealment. Abolition of cesses levied by 13 industries to ease taxes.”
Oscars 2016 winners
“The Oscars 2016 were announced at Los Angeles on 29 February 2016. The complete list of the winners of this year’s Oscars.
Best Picture
Spotlight
Michael Sugar, Steve Golin, Nicole Rocklin and Blye Pagon Faust, Producers
Best Actor
Leonardo DiCaprio, The Revenant
Best Actress
Brie Larson, Room
Best Directing
Alejandro G. Iñárritu, The Revenant,
Best Original Song
“Writing’s On The Wall” from Spectre
Music and Lyric by Jimmy Napes and Sam Smith
Best Original Score
The Hateful Eight
Ennio Morricone
Best Foreign Language Film
Son of Saul (Hungary)
Best Live Action Short Film
Stutterer
Benjamin Cleary and Serena Armtiage
Best Documentary Feature
Amy
Asif Kapadia and James Gay-Rees
Best Documentary Short Subject
A Girl in the River: The Price of Forgiveness
Sharmeen Obaid-Chinoy
Best Supporting Actor
Mark Rylance, Bridge of Spies
Best Animated Feature Film
Inside Out
Pete Docter and Jonas Rivera
Best Animated Short Film
Bear Story Gabriel Osorio and Pato Escala
Best Visual Effect
Ex Machina
Andrew Whitehurst, Paul Norris, Mark Ardington and Sara Bennett
Best Sound Mixing
Mad Max: Fury Road
Chris Jenkins, Gregg Rudloff and Ben Osmo
Best Sound Editing
Mad Max: Fury Road
Mark Mangini and David White
Best Film Editing
Mad Max: Fury Road
Margaret Sixel
Best Cinematography
The Revenant
Emmanuel Lubezki
Best Makeup and Hairstyling
Mad Max: Fury Road
Lesley Vanderwalt, Elka Wardega and Damian Martin
Best Production Design
Mad Max: Fury Road
Production Design: Colin Gibson; Set Decoration: Lisa Thompson
Best Costume Design
Mad Max: Fury Road
Jenny Beavan
Best Supporting Actress
Alicia Vikander, The Danish Girl
Adapted Screenplay
The Big Short
Screenplay by Charles Randolph and Adam McKay
Best Original Screenplay
Spotlight
Written by Josh Singer & Tom McCarthy”
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