Ashok Gehlot Ministry (2018-2023)
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Ashok Gehlot Ministry (2018-2023)
The Third Ashok Gehlot ministry is the state cabinet of the Indian state of Rajasthan in the 15th Rajasthan Legislative Assembly headed by Chief Minister Ashok Gehlot. History Inauguration The results for the 2018 Rajasthan Legislative Assembly election were announced on 11 December 2022. The result was a hung house, with the Indian National Congress falling one seat short of majority. With the help of three parties, the Bahujan Samaj Party, the Bharatiya Tribal Party and the Rashtriya Lok Dal (combined 9 seats) announced their outside support for the Congress party, resulting in the formation of a Congress government in Rajasthan. On 17 December 2017, Ashok Gehlot took oath as chief minister of Rajasthan for his third term in Jaipur. Sachin Pilot also took oath as deputy chief minister. 2020 Rajasthan political crisis On 12 July 2020, around 19 members of the Rajasthan Legislative Assembly, as claimed by the then deputy chief minister of Rajasthan Sachin Pilot, flew t ...
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Rajasthan
Rajasthan (; lit. 'Land of Kings') is a state in northern India. It covers or 10.4 per cent of India's total geographical area. It is the largest Indian state by area and the seventh largest by population. It is on India's northwestern side, where it comprises most of the wide and inhospitable Thar Desert (also known as the Great Indian Desert) and shares a border with the Pakistani provinces of Punjab to the northwest and Sindh to the west, along the Sutlej- Indus River valley. It is bordered by five other Indian states: Punjab to the north; Haryana and Uttar Pradesh to the northeast; Madhya Pradesh to the southeast; and Gujarat to the southwest. Its geographical location is 23.3 to 30.12 North latitude and 69.30 to 78.17 East longitude, with the Tropic of Cancer passing through its southernmost tip. Its major features include the ruins of the Indus Valley civilisation at Kalibangan and Balathal, the Dilwara Temples, a Jain pilgrimage site at Rajasthan's only hill stat ...
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Sachin Pilot
Sachin Pilot (born 7 September 1977) is an Indian politician of Indian National Congress. Earlier he served as the MoS (Independent charge) Corporate Affairs  & MoS Communication & IT, Government of India, Deputy Chief Minister of Rajasthan and also President of the Rajasthan Pradesh Congress Committee. As Member of the Congress party, he has represented the Tonk assembly seat in Rajasthan since 2018. Sachin became the youngest citizen of India to become Member of Parliament. Pilot was previously a member of the Indian Parliament for the Ajmer in 2009 and Dausa constituencies of Rajasthan, becoming the youngest member of parliament when he was elected from the latter seat in 2004, aged 26. He was unseated from the Lok Sabha during the 2014 election from Ajmer constituency. He served as the Minister of Corporate Affairs in the second Manmohan Singh Ministry. Early life Pilot was born to late Congress leader Rajesh Pilot and Rama Pilot. His father was a Union minister of I ...
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New Pension Scheme
National Pension System Trust (NPS Trust) is a specialised division of Pension Fund Regulatory and Development Authority which is under the jurisdiction of Ministry of Finance of the Government of India. The National Pension System (NPS) is a voluntary defined contribution pension system in India. National Pension System, like PPF and EPF is an EEE (Exempt-Exempt-Exempt) instrument in India where the entire corpus escapes tax at maturity and entire pension withdrawal amount is tax-free. NPS started with the decision of the Government of India to stop defined benefit pensions for all its employees who joined after 1 April 2004. While the scheme was initially designed for government employees only, it was opened up for all citizens of India between the age of 18 and 65 in 2009, for OCI card holders and PIO's in October 2019. On 26 August 2021, PFRDA increased the entry age for the National Pension System (NPS) from 65 years to 70 years. As per the revised norms, any Indian C ...
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Fiscal Year
A fiscal year (or financial year, or sometimes budget year) is used in government accounting, which varies between countries, and for budget purposes. It is also used for financial reporting by businesses and other organizations. Laws in many jurisdictions require company financial reports to be prepared and published on an annual basis but generally not the reporting period to align with the calendar year (1 January to 31 December). Taxation laws generally require accounting records to be maintained and taxes calculated on an annual basis, which usually corresponds to the fiscal year used for government purposes. The calculation of tax on an annual basis is especially relevant for direct taxes, such as income tax. Many annual government fees—such as council tax and license fees, are also levied on a fiscal year basis, but others are charged on an anniversary basis. Some companies, such as Cisco Systems, end their fiscal year on the same day of the week each year: the day ...
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National Rural Employment Guarantee Act, 2005
Mahatma Gandhi National Rural Employment Guarantee Act 2005 or MNREGA, earlier known as the National Rural Employment Guarantee Act or NREGA, is an Indian labour law and social security measure that aims to guarantee the 'right to work'. This act was passed in 23 August 2005 under the UPA government of Prime Minister Manmohan Singh following tabling of the bill in parliament by the Minister for Rural Development Raghuvansh Prasad Singh. It aims to enhance livelihood security in rural areas by providing at least 100 days of wage employment in a financial year to at least one member of every household whose adult members volunteer to do unskilled manual work. Women are guaranteed one third of the jobs made available under the MGNREGA. Another aim of MGNREGA is to create durable assets (such as roads, canals, ponds and wells). Employment is to be provided within 5 km of an applicant's residence, and minimum wages are to be paid. If work is not provided within 15 days of apply ...
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