The Union Cabinet has granted classical language status to Marathi, Pali, Prakrit, Assamese, and Bengali, with various benefits to promote these languages under the Ministry of Education.
- 📜 New Classical Languages: The Union Cabinet has approved classical language status for Marathi, Pali, Prakrit, Assamese, and Bengali.🗝️
- Criteria for Classical Status: Languages must have significant historical background (1500-2000 years), substantial ancient literature, and distinct classical and contemporary forms.📖
- Existing Classical Languages: Tamil, Sanskrit, Telugu, Kannada, Malayalam, and Odia have already been recognized as classical languages.🏆
- Promotion Benefits: Classical languages receive support from the Ministry of Education, including two annual international awards, a Centre of Excellence, and UGC-backed Professional Chairs in universities.
- 🌍 Cultural Heritage: Recognizing a language as classical emphasizes its contribution to the cultural heritage and historical knowledge of its speakers.
The Indian Army has inducted 100 indigenously developed Akashteer Air Defence Systems to enhance its capability in protecting against aerial threats.
- 🇮🇳 Indian Army Acquisition: Indian Army has acquired 100 Akashteer Air Defence Systems.
- 🛡️ Akashteer System Role: These are Air Defence Control and Reporting Systems (ADCRS) designed to protect against aerial threats like missile and rocket attacks.
- 🏭 Indigenous Development: Akashteer Systems are developed indigenously by Bharat Electronics Limited (BEL).
- 📡 Real-Time Monitoring: The system provides the ability to monitor low-level airspace and respond to enemy threats in real time.
- ⚔️ Battlefield Capability: Akashteer enhances the Indian Army’s control over battlefield airspace, improving defense response.
The Supreme Court has set twin tests to determine whether a building qualifies for Input Tax Credit in construction, focusing on its functionality and essentiality for supplying services.
- ⚖️ Supreme Court’s Twin Tests: Supreme Court introduced two tests, ‘functionality’ and ‘essentiality,’ for determining eligibility for Input Tax Credit (ITC) in construction.
- 🏢 Building as a Plant: If a building is essential for supplying services like renting or leasing, it can be treated as a “plant” under Schedule 2, clauses 2 and 5 of the CGST Act.
- 🔍 Functionality Test: This test assesses whether a building can be categorized as a plant based on its functional role in business.
- 💰 Input Tax Credit (ITC): ITC is used to prevent the cascading effect of taxes (tax on tax) and allows businesses to claim credits for taxes paid during business activities.
- 📊 Eligibility for ITC: Only registered taxable persons under the GST Act who pay taxes for business purposes can avail of ITC in their electronic ledger.
The Union Government introduced the PM Internship Scheme, offering one-year internships with a stipend to eligible youth in the top 500 companies.
- 🇮🇳 Launch of PM Internship Scheme: The Union Government launched the PM Internship Scheme to provide opportunities for youth.
- 🏛️ Ministry in Charge: The scheme is managed by the Ministry of Corporate Affairs.
- 🎯 Scheme Objective: Aims to offer internships to one crore youth in the top 500 companies over the next five years.
- ⏳ Internship Duration: The internship lasts for 12 months.
- 💸 Stipend: Interns receive a stipend of ₹5,000 per month for one year.
- 👥 Eligibility: Applicants must be Indian citizens aged 21-24, and not employed full-time or enrolled in full-time education.