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Indian Pride – Maharaja Express or Mumbai Local?

Shivani — Wed, 13 Mar 2019 05:30:44 +0000

Indian railway is one of the most fascinating things that happened to our country. It is the heart of travelling from one place to another. The Indian railway is said to be the largest railway network to be operated by a single government and is the world’s third largest network with a total length of 1,27,760 km.

The number of daily passengers on the railways is said to be larger than the population of some countries. It also carries 1014.15 million tons of freight annually. Clearly, the Indian railway itself is a pride of the nation, but let us go a little deeper inside the topic and find out why the above mentioned two Indian trains are being compared with each other in terms of the nation’s pride.

Let’s first talk about The Maharajas’ Express, also known as the Indian luxury train. The name itself precisely states how royal this train is. Getting a ride of this luxury train costs quite a big amount but a traveller gets an amazing opportunity to experience royalty running on wheels.

The interiors are designed so beautifully keeping in mind The Indian Royal Heritage. It is well fitted with all the modern world-class comforts. The train runs pan-Indian voyages traversing through some of the most amazing destinations, vistas, and attraction of the country.

The travellers onboard this Indian luxury train gets an insight into the past lavishness of Indian royalty and because of all these myriad conducive features awards have made their way to Maharajas’ Express since its very inception. It has set a record with consecutive wins at the World Travel Awards. All in all this train is something worth praising for the exceptional idea behind starting it, which is to dignify our rich culture.

Till now one question has definitely arrived in your mind that “Is there any need to compare this luxury train with something like the Mumbai local train?” Yes, there is. Let’s find the reason why.

Local train is an effective mode of transportation for travelling distances within the city and connecting its suburbs. Mumbai’s local train network is the oldest railways system in Asia. It was inaugurated on April 16^th, 1853.

These trains are optimized to carry an average of 1700 people per journey but in actuality, a train will carry almost 5000 on average during peak hours. With a total of 7.5 million commuters daily(i.e., more than five times the population of Estonia, ten times the population of Bhutan and just a little less than the population of Switzerland) in 2,342 trains that run daily, that means 2.7 billion people use these trains every year.

Travelling on them is a whole other experience, not necessarily for the faint of heart. Mumbai local has taught people a small lesson of SHARING, popularly known as THE FOURTH SEAT wherein, there is always a place for a fourth person to sit on a seat of three. ANGER and FIGHTS become inevitable sometimes but for covering it up you can easily find a group of people doing BHAJAN KEERTAN. And trust me you’ll enjoy this more than your walkman or iPod.

There are a hundred people around you, people of all age groups and backgrounds. Everyone is an equal here and you have to accommodate to get accommodated. Adjusting to situations is something a quality you will realize here.

And the best part of all? You make new friends. A very unique group called TRAIN FRIENDS.

The Mumbai Local trains are unbeatable and unstoppable under any circumstances, not even terrorists could shut it down for long. It took all of three hours for the trains to start running again after the infamous 2006 serial blasts along the suburban railway line.

On one hand where The Maharaja’s express depict the royal culture of India through the ecstatic interior and the services are given to the commuters and on the other hand The Mumbai local train which itself is a model of our nation carrying people of different age, caste, creed, and background having a common goal to reach their destination. For some people, it may seem like just a mode of transportation but to many, it is a life-line, a model that holds on diversity, a plethora of human emotions reflecting moments of joy and sorrow.

“IT IS NOT JUST A MODE OF TRANSPORTATION, IT IS A JOURNEY”.

It didn’t receive any award but it is the heart and soul of most the Indians.

The Mumbai Local is indeed a matter of pride, THE INDIAN PRIDE for a reason you see!

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Interim Budget 2019

Nancy Naina — Fri, 01 Feb 2019 15:30:55 +0000

The Interim Finance Minister Piyush Goyal on Friday presented the sixth and the much awaited Union Budget of the Narendra Modi government in Lok Sabha. Goyal was appointed interim finance minister on January 23 with Arun Jaitley undergoing treatment. Here are some highlights from the Budget 2019 presented by Piyush Goyal.

A big announcement for MNREGA

Goyal announced to allocate ₹60,000 crore for MNREGA in the year 2019-20. He also announced 143 million LED bulbs to provide illumination to all houses and save electricity. Mr. Goyal promises to provide a home to all by 2022.

Farmers will be given 6,000 rupees in their accounts.

The Finance Minister announced in parliament a direct support ₹6,000 per hectare in farmer’s bank accounts directly. Prior to the election, ₹2,000 will be given as the first installment. This money will go into the accounts who own up to 2 hectares of land. This will benefit the families of 12 crore farmers. The scheme, which will be applicable from 01st December 2018 and will cost about ₹75,000 crore to our government. Also, interest on the loans given for animal husbandry and fishery care will be given 2% discount.

₹750 crore will be spent on Kamdhenu Scheme

The finance minister said during the presentation that our government always works for Gaw Sewa. ₹750 crore will be spent on Kamdhenu scheme.

Gratuity limit has been increased from ₹10 lakh to ₹30 lakh

Goyal announced “Gratuity limit has been increased from ₹10 lakh to ₹30 lakh. Prime Minister Shram Yogi Mudan (Mega Pension Scheme) has been started to give pension to people in the unorganized sector, contributing only 100 rupees per month. After giving the work, workers will get a pension of ₹3,000 after the age of 60. This will benefit 10 million workers in the unorganized sector. India will become the largest pension plan in the world of the unorganized sector”.

Estimates of the fiscal deficit this year will be 3.4 percent of GDP

The fiscal deficit in the current financial year 2018-19 will be 3.4% of the GDP. The current account deficit will be around two and a half percent of GDP this year. The last five years the country has received FDI worth $239 Billion.

Tax assessment processes will be modified

The Finance Minister said today “Do not go to offices for tax assessment now. IT returns will be processed in 24 hours.
If any notice comes manually to the assessee, he can write to department & officials to ask the information only through online mode which will result in the big opportunity for CAs to save time and manpower.
Within almost two years, almost all assessment and verification of IT returns will be done electronically by an anonymized tax system without any intervention by tax officials.

Income Tax free up to ₹5 lakh

The limit of income tax exemption has been increased from ₹2.5 lakh to ₹5 lakh. Now tax will not be levied to the income of five lakh rupees. No tax will be required to invest ₹1.5 lakh the in the provident fund or equity. If so, if a person’s income is ₹6.5 lakh and he invests ₹1.5 lakh rupees then he will not have to pay any kind of tax. Assessee must be clear that Income Slab has not changed. Rebate under section 87A has only been changed from ₹2,500/- to ₹12,500/-.
Simultaneously, standard deduction has been increased from ₹40,000 to ₹50,000 for salaried class people.

TDS limit on interest income increased to ₹40,000

Interim Finance Minister Piyush Goyal on Friday announced to increase the tax deduction limit on the income from interest of ₹10,000 to ₹40,000 per year. In case of senior citizens, the limit has been increased to ₹50,000. Presenting the Budget 2019-20 in the Lok Sabha, he said it will benefit the senior people and the small depositors who depend on the interests of deposits of banks and post offices. So, these depositors could demand a refund of tax deducted at interest income up to ₹10,000 per year.

Few more points to be highlighted from the Budget 2019

● There will be a single window for approval for Indian filmmakers. Anti-camcording provision to be introduced to the Cinematography Act to combat film privacy.

● The vision for 5 lakh digital villages in next 5 years.

● More than ₹3 lakh crore has been announced for the defense sector.

● Those MSMEs who are registered with GST will get 2% interest relief.

● 26 weeks of maternity leave to empower women has been granted in this budget.

● Goyal said our government has delivered 6 crores free LPG connections under Ujjwala Scheme.

● PCA restriction has abolished from 3 major banks namely, BoI, BoM and OBC.

● 22nd AIIMS has to built-in Goyal’s home state Haryana.

● GST has been continuously reduced, resulting in relief of ₹80,000 crores to consumers; most items of daily use for the poor and middle class are now in the 0%-5% tax bracket.

● Benefits under Sec 80(i)BA being extended for one more year, for all housing projects approved till the end of 2019-2020.

● Businesses with less than ₹5 crore annual turnover, comprising over 90% of GST payers, will be allowed to return quarterly returns.

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Read in a minute about the First non-economist RBI Governor in last 28 years

Nancy Naina — Wed, 12 Dec 2018 17:06:11 +0000

Former Economic Affairs Secretary of India Mr. Shaktikanta Das assumed the RBI Governor’s office as 25^th Governor after Dr. Urjit Patel surprisingly withdrew himself from the post. Mr. Shaktikanta Das is the first I.A.S officer to assume the RBI Governor’s office after straight 28 years since, Mr. S. Venkitaraman left the office. Shaktikanta Das is 1980 batch I.A.S officer of Tamil Nadu cadre. He was earlier a member of the 15^th Finance Commission of India.

India’s Sherpa to the G20 born in Bhuvneshwar got his M.A. degree in History from St. Stephan’s College, Delhi University. He is also an alumnus of Indian Institute of Management, Bangalore, Indian Institute of Management, Calcutta and National Institute of Banking and Management. Mr Das is the 14^th career bureaucrat including 12 IAS/ICS officers to hold the position. He has got the tenure as an RBI Governor till 2021.

He was appointed by PMO after the recommendation of the Finance Ministry. He was one of the key people involved in the execution of the demonetisation. He was question by BJP leader Subramaniam Swamy, The Economist himself for his association with former finance minister P Chitambaram in acquiring real estate in Mahabalipuram when Das was Industry Secretary in Tamil Nadu. He is in the good books of The Prime Minister.

The reason of abruptly quitting the position by Mr. Urjit Patel is unknown but all the eyes are set on Mr. Das, let’s see what his 3 year tenure brings for financial conditions of the nation.

“Every institution must maintain its professional integrity and autonomy, at the same time every institution must adhere to principles of accountability.” – Mr. Shaktikanta Das

“I believe he can engage with all the stakeholders because to my mind, many of the current issues and situations have come also because of a large gap in communication, which I am sure Mr. Das with his experience and past engagement would be able to fill in.” – S. S. Mundra, Former Deputy Governor, RBI

“The person itself doesn’t matter that much. What really matters is the process. So if you have a situation where a position as important as the governor of the RBI is filled within 24 hours of the resignation of the incumbent that will raise eyebrows. People are going to say the government must have already decided that this person is going to take over.” – Pronab Sen, Former Chief Statistician of India

Source: The Economic Times and NDTV

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सामान्य ज्ञान प्रश्नोत्तरी

Utkarsh Gupta — Thu, 01 Nov 2018 05:30:59 +0000

सामान्य ज्ञान प्रश्नोत्तरी

यह प्रश्नोत्तरी कैलाशा फाउंडेशन – फन तथा लर्न पोर्टल के द्वारा आपको विभिन्न प्रकार की प्रतियोगी परीक्षाओं के लिए तैयार करने के उद्देश्य से बनाई गई है| इस प्रश्नोत्तरी में हमारी टीम द्वारा सामान्य ज्ञान के विशेष रूप से तैयार किये गए 20 प्रश्न संलग्न हैं| प्रश्नोत्तरी में भाग लीजिये और अपनी तैयारी को परखिये|

प्रश्नोत्तरी चालू करें

कैलाशा फाउंडेशन पर सारी जानकारी तथा सामग्री सभी के लिए पूरी तरह से निशुल्क रूप में उपलब्ध है| प्रश्नोत्तरी में किसी भी प्रकार की गलती होने पर कृपया हमारी वेबसाइट के “contact us” लिंक पर जाकर अपनी शिकायत दर्ज करवाएं|

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सामान्य ज्ञान प्रश्नोत्तरी

Utkarsh Gupta — Thu, 25 Oct 2018 07:30:58 +0000

सामान्य ज्ञान प्रश्नोत्तरी

प्रश्नोत्तरी चालू करें

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सामान्य ज्ञान प्रश्नोत्तरी

Utkarsh Gupta — Wed, 24 Oct 2018 06:30:15 +0000

सामान्य ज्ञान प्रश्नोत्तरी

प्रश्नोत्तरी चालू करें

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सामान्य ज्ञान प्रश्नोत्तरी

Utkarsh Gupta — Tue, 23 Oct 2018 09:30:53 +0000

सामान्य ज्ञान प्रश्नोत्तरी

प्रश्नोत्तरी चालू करें

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समसामयिकी 20/09/2018 प्रश्नोत्तरी

Utkarsh Gupta — Fri, 21 Sep 2018 09:30:35 +0000

समसामयिकी 20/09/2018 – प्रश्नोत्तरी

यह प्रश्नोत्तरी कैलाशा फाउंडेशन – फन तथा लर्न पोर्टल के द्वारा आपको विभिन्न प्रकार की प्रतियोगी परीक्षाओं के लिए तैयार करने के उद्देश्य से बनाई गई है| इस प्रश्नोत्तरी में हमारी टीम द्वारा समसामयिकी के विशेष रूप से तैयार किये गए 10 प्रश्न संलग्न हैं| प्रश्नोत्तरी में भाग लीजिये और अपनी तैयारी को परखिये|

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समसामयिकी 19/09/2018 प्रश्नोत्तरी

Utkarsh Gupta — Fri, 21 Sep 2018 05:32:09 +0000

समसामयिकी 19/09/2018 – प्रश्नोत्तरी

यह प्रश्नोत्तरी कैलाशा फाउंडेशन – फन तथा लर्न पोर्टल के द्वारा आपको विभिन्न प्रकार की प्रतियोगी परीक्षाओं के लिए तैयार करने के उद्देश्य से बनाई गई है| इस प्रश्नोत्तरी में हमारी टीम द्वारा समसामयिकी के विशेष रूप से तैयार किये गए 10 प्रश्न संलग्न हैं| प्रश्नोत्तरी में भाग लीजिये और अपनी तैयारी को परखिये|

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राजस्थान समसामयिकी प्रश्नोत्तरी – 18/09/2018

Utkarsh Gupta — Wed, 19 Sep 2018 11:01:01 +0000

राजस्थान समसामयिकी प्रश्नोत्तरी – 18/09/2018

यह प्रश्नोत्तरी कैलाशा फाउंडेशन – फन तथा लर्न पोर्टल के द्वारा आपको विभिन्न प्रकार की प्रतियोगी परीक्षाओं के लिए तैयार करने के उद्देश्य से बनाई गई है| इस प्रश्नोत्तरी में हमारी टीम द्वारा राजस्थान समसामयिकी के विशेष रूप से तैयार किये गए 15 प्रश्न संलग्न हैं| प्रश्नोत्तरी में भाग लीजिये और अपनी तैयारी को परखिये|

प्रश्नोत्तरी चालू करें

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