TNPSC Daily Current Affairs - March 16, 2018 - TNPSC Current Affairs - www.TNPSCGURU.in 2018

TNPSC Current Affairs - March 2018 by TNPSC Guru

1.Tamil Nadu Budget 2018. 

• Tamil Nadu Deputy Chief Minister O Panneerselvam presented 2018-19 budget in Tamil Nadu State Assembly.
• This is the first budget of Tamil Nadu after implementing GST.
• Fiscal Deficit of Gross State Domestic product (GSDP) is estimated at 2.79% in 2018-19.
• GSDP growth rate is 8.03 % in  2017-18.

Key highlights of Budget.

2.Revenue sharing model 

• Tamil Nadu State Government has announced that it will abandon the State Advisory Price and will follow Revenue Sharing model for Sugar cane pricing.
• This model is based on the Rangarajan Committee Recommendation. 

AboutRevenue Sharing Model:

3.KANCHI 

Tamil Nadu State Governor Banwarilal Purohit launched Kisan Advancement through Cashless Innovation (KANCHI) digital financial inclusion platform developed for farmers. 

4.Export subsidies complain at WTO 

• United States has filed a complaint against India’s Export subsidies programme with World Trade Organisation.
• They said India provides subsidy like giving certain exception in taxes, duties and fees which benefit Indian exporters and harms American products.
• They also added that certain subsidy given for developing countries, but India already surpassed the developing country tag in 2015 as per its Economy. 

5.LaQshya 

• Union Governmnet has launched new programme to improve quality of care in labour room and maternity Operation Theatre (OT) called LaQshya.
• It will benefit pregnant woman and newborn born in public health institution. 

6.KUSUM Scheme: 

Union Government is in process of formulating a scheme ‘Kisan Urja Suraksha evam Utthaan Mahabhiyan (KUSUM) harnessing solar power for rural India.

Benefits:

• Installation of grid connected solar pumps which will fullfill the irrigation need of farmers.
• Farmers can also sell the surplus solar power generated to DISCOMS . 

7.Atal Bhujal Yojana 

• Union Government has proposed Atal Bhujal Yojana scheme with the aim of sustainable Ground water management in over exploited and ground water stressed areas in 7 States with community participation.
• Seven states are Gujarat, Haryana, Karnataka, Madhya Pradesh, Maharashtra, Rajasthan and Uttar Pradesh.
• It is implemented with the help of World Bank. 

8.Swadhar Greh Scheme  

• Union Ministry of Women and Child Development said that number of women beneficiaries under Swadhar Greh Scheme has been raised to 17291.
• This scheme targets the women victims of difficult circumstances, who are in need of support for rehabilitation and live with dignity. 

9.World Happiness Index 2018: 

• India drops 11 places and ranked 133 in world list of happiness country in latest World Happiness Index report.
• Finland tops the list followed by Norway. 

10.WEF Energy Transition Index.

• India ranked 78^th position among 114 countries on the World Economic Forum’s (WEF) energy transition index.
• Sweden tops the list followed by Norway and Switzerland.