Monday October 14, 2019
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UP Chief Yogi Adityanath Hails Centre’s Action for Raising Creamy Layer Bar for the Other Backward Classes (OBCs)

The government is going to set up a commission to implement sub-categorization within the central government reservation bracket for Other Backward Classes

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Yogi Adityanath, Wikimedia
  • Uttar Pradesh CM Yogi Adityanath hailed the actions of the government for raising the creamy layer bar for the Other Backward Classes
  • The central government raised the creamy layer bar from Rs 6 lakh to Rs 8 lakh p.a for OBCs
  • The decision is based on the recommendation of the National Commission for Backward Classes

Lucknow, Aug 24, 2017: Uttar Pradesh CM Yogi Adityanath hailed the actions of the government for raising the creamy layer bar for the Other Backward Classes (OBCs) for an equal distribution of reservation benefits.

“We are thankful to the Prime Minister and the Central Government for further categorizing the OBC and other castes as some of them weren’t able to avail the policies of reservations earlier,” he told ANI.

The central government on Wednesday raised the creamy layer bar from Rs 6 lakh to Rs 8 lakh p.a for OBCs for central government jobs and also declared setting up of a commission to work out sub-categorization.

ALSO READ: Decoding Reservation in India: Is it a Constitutional Flaw or Unnecessary Favor? 

The Commission will work on the following:  identifying the castes, sub-castes, and communities in the central list of the OBCs and dividing them into their corresponding sub-categories. The Commission will present the report within 12 weeks from the date of authorization of the chairman.

According to ANI, Finance Minister Arun Jaitley said the decision is based on the recommendation of the National Commission for Backward Classes (NCBC).

The ‘creamy layer’ is a ceiling which prohibits members of the OBC from availing reservations in employment. Currently, 27 per cent reservation in government jobs and seats in educational institutes if the income of the OBC family is up to Rs. 6 lakh.


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Import Duties On LED TV Panels Abolished, Says Finance Minister

Finance Ministry has abolished the import duty on open cell LED TV panels from 5 per cent to zero

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TV, LED panels, Finance Minister, India, import duty
Finance Ministry has abolished the import duty on open cell LED TV panels from 5 per cent to zero. Wikimedia Commons

Finance Ministry has abolished the import duty on open cell LED TV panels from 5 per cent to zero, meeting a long standing demand of the industry.

According to market estimates, the prices of TV will come down by 3-4 per cent.

Panels are the most critical component used in LED TV manufacturing, accounting for 65-70 per cent of the total production cost. In fact, at price of Rs 90,000 LED high-end TV, the panel costs Rs 65,000.

The IT Ministry and the the Department for Promotion of Industry and Internal Trade (DPIIT) have also sought reduction of goods and services tax (GST) on large-screen LED televisions to 18 per cent from 28 per cent to revive demand in the festive season.

At present, televisions up to 32 inches attract 18 per cent GST but those with larger screens attract 28 per cent duty. The industry is seeking a tax cut in the GST Council meeting scheduled to take place in Goa this Friday.

TV, LED panels, Finance Minister, India, import duty
The industry can now revive LED TV manufacturing in the country, many of them including the largest TV maker Samsung had exited local TV production last year due to imposition of 5 per cent duty on open cell TV panels. Pixabay

IT Minister Ravi Shankar Prasad on Monday held a round table with electronics industry CEOs where higher duties were the main challenge from industry side. Revenue Secretary Ajay Bhushan Pandey was also present at that meeting.

In notification, the ministry said Open cell (15.6 inch and above) for use in the manufacture of Liquid Crystal Display (LCD) and Light Emitting Diode (LED) TV panels is made zero duty with immediate effect.

ALSO READ: Supreme Court Expressed Concern For Not Providing Protective Gear To Workers

The goods for use in the manufacture of Open cell of LCD and LED TV panels – Chip on Film, Printed Circuit Board Assembly (PCBA), Cell (glass board/substrate) will not attract any duty, it said.

The industry can now revive LED TV manufacturing in the country, many of them including the largest TV maker Samsung had exited local TV production last year due to imposition of 5 per cent duty on open cell TV panels. (IANS)