Indian Policy Initiatives 2024

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Questions and Answers

What nutritional information will be prominently displayed in larger fonts on food packaging as per the recent amendment?

Protein and carbohydrates

Vitamins and minerals

Caloric content and dietary fiber

Total Sugar, Salt, and Saturated Fat (correct)

Which organization approved the proposal for enhanced nutritional labeling on packaged foods?

Ministry of Commerce and Industry

Centre for Public Health and Food Safety

Food Safety and Standards Authority of India (correct)

Ministry of Health and Family Welfare

Which state is the first in India to implement a long-term action plan for road safety?

Odisha

Tamil Nadu

Rajasthan (correct)

Kerala

What is the primary goal of the road safety action plan set forth by Rajasthan?

Reduce road accidents by 50% by 2030 Signup and view all the answers

What assistance will the World Bank provide to Rajasthan for the road safety action plan?

Preparation of the action and safety plan Signup and view all the answers

How will the road safety action plan in Rajasthan be implemented?

In three phases from 2025 to 2033 Signup and view all the answers

Which body chaired the meeting that approved the nutritional labeling amendment?

The Food Safety and Standards Authority of India Signup and view all the answers

What is the main objective of the 'One Scientist-One Product' initiative launched by ICAR?

To enhance research in agriculture and animal husbandry Signup and view all the answers

What is the time frame for the first phase of the road safety action plan in Rajasthan?

2025 to 2027 Signup and view all the answers

How many ICAR scientists are registered under the 'One Scientist-One Product' plan?

5,521 Signup and view all the answers

Which organization celebrated its 73rd Foundation Day on July 16, 2024?

CSIR-Central Road Research Institute (CRRI) Signup and view all the answers

What is the focus area of research for CSIR-CRRI?

Design, construction, and maintenance of roads Signup and view all the answers

How long will the 'One Scientist-One Product' initiative run?

5 years Signup and view all the answers

What unique goal is part of ICAR's 100-day action plan?

Create 100 new seed varieties and 100 farm technologies Signup and view all the answers

Who inaugurated the 'One Scientist-One Product' plan?

Shivraj Singh Chouhan, Union Minister of Agriculture Signup and view all the answers

Which organization launched the GearShift Challenge to promote Zero-Emission Truck adoption in India?

NITI Aayog Signup and view all the answers

Who was granted an extension as the Director-General of CSIR in 2024?

N.Kalaiselvi Signup and view all the answers

What is the purpose of the GSTR-1A form recently notified by the Central Board of Indirect Taxes and Customs?

To amend outward supply or sales return details Signup and view all the answers

Which initiative is associated with the NITI GearShift Challenge?

e-FAST India Signup and view all the answers

Who collaborated with the NITI Aayog for the GearShift Challenge?

Operations Management Club of IIM Bangalore Signup and view all the answers

When was the GSTR-1A form notified by the Central Board of Indirect Taxes and Customs?

July 10, 2024 Signup and view all the answers

What does the GSTR-1A form allow taxpayers to do?

Amend details of GSTR-1 for a tax period Signup and view all the answers

What event is associated with the launch of the NITI GearShift Challenge?

Vista 2024 International Business Summit Signup and view all the answers

Which ministry was responsible for notifying the GSTR-1A form?

Ministry of Finance Signup and view all the answers

Which state launched the 'Goem Vinamulya Vij Yevjan' scheme in July 2024 to promote solar rooftop installation?

Goa Signup and view all the answers

What is the primary aim of the enhancements made to the Export Promotion Capital Goods (EPCG) Scheme?

To simplify processes and reduce transaction costs. Signup and view all the answers

What is the total budget outlay for the 'Goem Vinamulya Vij Yevjan' scheme?

Rs 75,021 crore Signup and view all the answers

What new requirement has been introduced for exporters regarding Installation Certificates (ICs)?

ICs must be uploaded within 3 years of completing import. Signup and view all the answers

Who is the current Chief Minister of Goa who launched the 'Goem Vinamulya Vij Yevjan' scheme?

Pramod Sawant Signup and view all the answers

Which country took over the Presidency of the Council of the European Union in July 2024?

Hungary Signup and view all the answers

What significant change was made to the composition fee structure under the EPCG Scheme?

The fee structure has been simplified and reduced. Signup and view all the answers

To what date has the Electric Mobility Promotion Scheme (EMPS) 2024 been extended?

30th September 2024 Signup and view all the answers

What is Hungary's motto for its EU Presidency?

Make Europe Great Again Signup and view all the answers

What is the enhanced financial outlay for the Electric Mobility Promotion Scheme (EMPS) 2024?

Rs. 778 crores Signup and view all the answers

When will Hungary hand over the EU Council Presidency to Poland?

January 1, 2025 Signup and view all the answers

Who launched the Electric Mobility Promotion Scheme (EMPS) 2024?

Ministry of Heavy Industries Signup and view all the answers

In which year did Hungary last hold the EU Council Presidency before 2024?

2011 Signup and view all the answers

Which organization is a group of 27 European countries that rotate the presidency among member states?

EU Signup and view all the answers

Initially, what was the scheduled duration for the Electric Mobility Promotion Scheme (EMPS) 2024?

April 1, 2024 to July 31, 2024 Signup and view all the answers

What committee's decisions are now being implemented regarding Export Obligation extensions?

Policy Relaxation Committee Signup and view all the answers

Study Notes

Food Safety and Standards Authority of India (FSSAI)

In July 2024, FSSAI approved a proposal to display nutritional information (total sugar, salt, and saturated fat) in bold and larger font sizes on packaged food labels.
This amendment aims to increase consumer awareness of the nutritional value of products and encourage healthier choices.

Rajasthan's Road Safety Action Plan

Rajasthan is poised to become the first Indian state to implement a 10-year road safety action plan, aiming to reduce road accidents by 50% by 2030.
The plan will be implemented in three phases, with the first phase focusing on safety audits of major roads and highways.
The World Bank will provide assistance to the state government in developing and implementing this action plan.

NITI Aayog's 'GearShift Challenge'

NITI Aayog, in collaboration with IIM Bangalore and other organisations, launched the 'GearShift Challenge' to accelerate the adoption of Zero-Emission Trucks (ZETs) in India.
The challenge aims to encourage innovative business models for the integration of ZETs in the Indian freight sector.

Amendment to GSTR-1A Form

The Central Board of Indirect Taxes and Customs (CBIC) introduced the Goods and Services Tax Return (GSTR)-1A form, allowing taxpayers to amend their outward supply or sales return form.
The GSTR-1A form provides an optional facility for taxpayers to correct errors and submit additional information in their GSTR-1 forms.

ICAR's 'One Scientist-One Product' Initiative

The Indian Council of Agricultural Research (ICAR) launched a research initiative named 'One Scientist-One Product', focused on enhancing agricultural and animal husbandry research.
All 5,521 ICAR scientists are participating in this initiative, each focusing on a specific product with the goal of maximizing productivity and avoiding duplication.

CSIR-Central Road Research Institute (CRRI) Foundation Day

The CSIR-CRRI celebrated its 73rd anniversary on July 16, 2024, in New Delhi, India.
CSIR-CRRI is a leading national laboratory dedicated to conducting research and development in road and runway construction and maintenance.

Enhancements to EPCG Scheme

The Directorate General of Foreign Trade (DGFT) introduced several changes to the Export Promotion Capital Goods (EPCG) Scheme, aimed at simplifying processes, reducing costs, and automating procedures for exporters.
These changes include a simplified composition fee structure for extending Export Obligations (EO), implementation of policy relaxation decisions regarding EO extensions, and an extended period for submitting installation certificates.

Extension of Electric Mobility Promotion Scheme (EMPS) 2024

The government of India has extended the EMPS 2024 by two months, until September 30, 2024, with an increased outlay of Rs. 778 crore.
The program seeks to promote the development of the electric vehicle (EV) manufacturing industry and support India's green initiatives.

'Goem Vinamulya Vij Yevjan' Scheme

Goa launched the 'Goem Vinamulya Vij Yevjan' scheme to encourage the installation of solar rooftop units in residential households.
This scheme is jointly funded by the central and state governments and aims to empower households to generate their own electricity.

Hungary Takes Over EU Presidency

Hungary assumed the rotating presidency of the Council of the European Union from Belgium, holding the role for six months, from July to December 2024.
Hungary's presidency is focused on promoting growth and addressing security and energy challenges within the EU.

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Description

Explore recent policy initiatives in India, including food safety standards, road safety action plans in Rajasthan, and the 'GearShift Challenge' for Zero-Emission Trucks. This quiz covers important updates and changes aimed at improving public health and safety. Test your knowledge about these essential developments shaping the future of India.