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Union Finance Minister Shri Arun Jaitley presented the Union budget 2017-2018 in Lok Sabha on February 1, 2017. This is the fourth budget by the Narendra Modi government.It is the first budget after major changes in Indian economy like Goods and Services Tax and Demonetization in 2016. 

Agenda of Union Budget 2017-18

1. The agenda for the Union Budget 2017-18 is TEC India, where T stands for Transform, E stands for Energize and C for Clean.
2. The agenda seeks to transform the quality of governance and life of people;  Energise various sections of society especially the youth and the vulnerable to bring out the best in them and Clean the country from the evils of corruption, black money and non-transparent political funding.

The Ministry of Women and Child Development has clarified that there is no provision for individual cash transfer component in Beti Bachao Beti Padhao scheme. The Scheme simply focuses on generating awareness about girl child and changing the mindsets and deep rooted patriarchy of the society and improve the efficiency of welfare services for girls.

The Union Cabinet under the Chairmanship of Prime Minster Narendra Modi on February 1, 2017 gave its approval to amend the Constitution (Scheduled Castes) Order, 1950 Bill to make changes the list of Scheduled Castes in Odisha. The amended Bill will be shortly introduced in the parliament under the name Constitution (Scheduled Castes) Orders (Amendment) Bill, 2017.

 A high-level consultation was held between India and Russia on January 31, 2017 in New Delhi to share views on threats posed by terrorism. Indian side was led by Preeti Saran, Secretary (East), Ministry of External Affairs while Russia was led by H.E. Oleg V. Syromolotov, Deputy Foreign Minister.

The Union Cabinet approved introduction of the Indian Institutes of Information Technology (Amendment) Bill, 2017 in Parliament on February 1, 2017. The Bill seeks to amend the Indian Institutes of Information Technology Act, 2014, which defines the status of Institutions of National Importance on the IIITs and also provides for matters connected with administering these IIITs.

Union Minister for Information & Broadcasting M Venkaiah Naidu was inaugurated the Digital Radio or All Round Table Conference in New Delhi on January 31, 2017. The aim is to stimulate the interests of the key Indian stakeholders in the public phase launch of the project to digitise radio in India, following the successful installation of DRM digital radio transmitters by All India Radio (AIR).

The UN Children’s Fund (UNICEF) launched an appeal for the year 2017 on January 31, 2017 for USD 3.3 billion to help over 48 million children across the globe who are driven from their homes due to conflict, disasters and climate change.

Tesla Motor Inc. and Southern California Edison have jointly launched World’s largest energy storage facilities on January 30, 2017 at the utility’s Mira Loma substation in Ontario, California.

 Researchers at Linköping University, Sweden have created the world’s first heat-driven transistor. The transistor is first in the world that changes its state by a heat signal rather than conventional electrical signal.The transistor is made up an electrolyte-gated transistor and an ionic thermoelectric super capacitor.  The heat is first converted into electricity and then stored in the super capacitor. Even a fractional change in temperature is sufficient to cause a detectable current modulation in the transistor.

 Jamaican cricketer Andre Russell(28) has been banned from all cricket for a year over a doping code violation by the Jamaican Anti-Doping Commission on February 1, 2017.

Former Union minister and Indian Union Muslim League leader E Ahamed has passed away in New Delhi on February 1, 2017.He was 78.  Ahamed was first elected as MLA in 1967 and was member of the house in 1977, 1980, 1982 and 1987.He is widely considered as India’s ‘unofficial ambassador‘ to Gulf countries and he had represented India in United Nations 10 times. He was also an active member of the Union government’s Haj Committee and also co-chairman for the high-level monitoring mechanism of India and Qatar in 2011.

-01 February 2017