Current Affairs for Engineering Service Exam
Topic 1:Economic development
The National Anti-profiteering Authority (NAA) is the institutional mechanism under GST law to check the unfair profit-making activities by the trading community.
The formation of NAA comes in the background of rate-reduction of large number of items by GST Council in its 22nd meeting at Guwahati. At the meeting, the Council reduced rates of more than 200 items including goods and services. This has made tremendous price reduction effect and the consumers will be benefited only if the traders are making quick reduction of prices of respective items.
What are the functions of NAA?
Constitution of NAA:
The chairman, NAA along with 4 Technical members and with help of the Standing Committee, Screening Committee in every state and the Directorate General of Safeguards in the Central Board of Excise & Customs (CBEC), will work together on the anti-profiteering front.
Read more at: NAA.Gov.in
Topic 2 : Environment
Ministry of Environment, Forest and Climate Change has released the India Cooling Action Plan. India is one of the first countries in the world to develop a comprehensive Cooling Action plan which has a long term vision to address the cooling requirement across sectors and lists out actions which can help reduce the cooling demand.
Read more at: Indiatoday
Topic 2 : Energy
Niti Aayog CEO Amitabh Kant will head the National Mission on Transformative Mobility and Battery Storage, which is being set up to promote clean and sustainable mobility initiatives in the country.
The terms of reference of mission:
Constitution of panel:
About National Mission on Transformative Mobility and Battery Storage:
Read more at: ET