Daily News Digest:21 September 2019

Corporate Tax Rate Cut to 22%: One of the lowest among others

India’s Corporate Tax Rate has been slashed to 22 percent providing indirectly a stimulus of Rs.1.45 lakh crore for private sector.

Taiwan and Kiribati cut off diplomatic ties amid China pressure

Taiwan has cut off its ties with Kiribati thereby losing its second ally within a matter of a week. Taiwan and Kiribati called off their diplomatic relations amid Taiwan’s tensions with China. As per latest reports, China has been putting immense pressure on nations that hold diplomatic relations with Taiwan to cut off their ties.

INS Khanderi handed over to Indian Navy

The second INS ‘Khanderi’ Scorpene submarine was recently handed over to the Indian Navy by Mazagon Dock Limited (MDL).

Khanderi is a Kalvari class diesel-electric attack submarine that will be commissioned by Defence Minister Rajnath Singh on September 28, 2019.

Government to set up mechanism to monitor airfares

Civil aviation minister Hardeep Singh Puri on 20 Sept said that the government has ordered the civil aviation ministry and the Directorate General of Civil Aviation (DGCA) to set up a mechanism to monitor airfares on a regular basis.

NTPC to build Indias biggest solar park in Gujarat

India's largest energy conglomerate NTPC Ltd. has unveiled its plans to set up a 5 gigawatt (GW) solar park in Gujarat. This solar park is expected to be the biggest in the country.

Andhra Pradesh State to ban the private practice by govt. doctors

The Andhra Pradesh State government has announced that it is to ban the private practice by doctors working in government hospitals. Also, as compensation, the govt. has announced to increase their salaries in accordance with the recommendations made by the experts committee on reforms in the health sector headed by former Union Health Secretary K. Sujatha Rao.

Centre to launch NEAT AI learning scheme to boost higher education

The Ministry of Human Resource Development (MHRD) has announced a new National Educational Alliance for Technology (NEAT) Artificial Intelligence (AI) scheme. MHRD will start awareness programmes to create awareness of the NEAT solutions to teachers and students. The NEAT AI scheme will be launched and made operationalized in early November 2019.