What is the Peace Clause under current context and why an issue over this Peace Clause?
Under this 'Peace Clause', developing countries can provide WTO-prohibited subsidies to farmers without inviting any dispute under the Agreement on Agriculture, developed countries will have the right to drag these countries to theWTO Disputes Settlement Body, under the Agreement on Subsidies and Countervailing Measures. This would render the peace clause null-and-void.
Note : Developed countries pressurizing India to accept a peace clause, which offers four years of immunity against penalties imposed for breaching the farm subsidy cap of 10 per cent under the WTO Agreement on Agriculture (AoA).
GST is a value added tax to be levied on both goods and services (except for a list of exempted goods and services), at both the centre and state level (Central GST and State GST respectively). This is a single tax which will be levied on the product or service which is sold.
In other words, multiple taxes like CENVAT, central sales tax, state sales tax, octroi, etc will not exist and will be replaced by GST. This comprehensive tax covers all stages from manufacture to sale.The tax will be levied only on the value added at each stage of the life cycle.
The GST, as mentioned above is an indirect tax and will be borne by the customer. There will be a standard rate of GST across various goods and services, which could broadly be in line with international rates.
Systematic Voters' Education And Electoral
Participation (SVEEP)programme?
Its an initiative by Election Commission of India (ECI) aimed at creating awareness among voters.The main focus was on enrolling voters, particularly youth, in the voters list.