Current Affairs is an important section to cover if one wish to appear in any kind of competitive exams like APSC, UPSC, all state civil service exams, Railway exams, SSC, RRBs, IAS, ACS, all Government job exams, TET, CTET and different banking exams like IBPS, SBI PO, SBI Clerk , RBI etc. We have covered the latest Daily Current Affairs – 24 August 2020. Visit our page regularly to get the latest informations and get updated and prepared for your exams.
Daily Current Affairs – 24 August 2020 – Highlights
- India’s longest ropeway inaugurated
- Businesses with annual turnover of up to Rs 40 lakhs exempted from GST
- Karnataka Government set to build transit homes for migrant workers
India’s longest ropeway inaugurated
The Assam Government has opened the longest ropeway of India over the river Brahmaputra on 24 August 2020. The length of the ropeway is 1.8 km which connects Guwahati to North Guwahati. The project is accomplished at a cost of Rs 56 crore.
The ropeway comprises of two cabins each of which can carry 30 passengers and the operator at a time. It takes eight minutes for the cabin to reach the other end of the ropeway from the starting end. It is expected to boost tourism in the state as the journey over the smallest river island of the world , Umananda gives a beautiful as well as breathtaking view of the river Brahmaputra.
Businesses with annual turnover of up to Rs 40 lakhs exempted from GST
The Finance Ministry of India, on 24 August 2020 and on the first death anniversary of Former Finance Minister Arun Jaitley exempted the Goods and Services Tax(GST) for businesses with annual turnover of up to Rs 40 lakhs.
The announcement has been made to remember Arun Jaitley and acknowledge the key role played by him to implement GST, which will go down in history as one of the most fundamental landmark reforms in Indian taxation.
Karnataka Government set to build transit homes for migrant workers
Following the footsteps of Kerela Government the Karnataka Government is all set to build transit homes for migrant workers. The idea of building such home is aimed at providing better living conditions to the migrant workers.
The Karnataka Government plans to build four transit homes in Bengaluru. Each such homes will have a capacity to accommodate 3000 persons. The homes will have kitchen where the workers can cook their own food. A nominal maintenance fee will be charged from the workers. The concept is influenced by Kerela’s ‘Apna Ghar’ Project and each such project is expected to cost Rs 50 Crore.