Exchange Rate of Foreign Currency Relating to Imported and Export Goods Notified





Exchange Rate of Foreign Currency Relating to Imported and Export Goods Notified
            In exercise of the powers conferred by Section 14 of the Customs Act, 1962 (52 of 1962), and in super session of the notification of the Government of India in the Ministry of Finance (Department of Revenue) No.111/2014-CUSTOMS (N.T.), dated the 20th November, 2014 vide number S.O.2943 (E), dated the 20th November, 2014, except as respects things done or omitted to be done before such super session, the Central Board of Excise and Customs (CBEC) hereby determines that the rate of exchange of conversion of each of the foreign currency specified in column (2) of each of Schedule I and Schedule II annexed hereto into Indian currency or vice versa shall, with effect from 5th December, 2014 be the rate mentioned against it in the corresponding entry in column (3) thereof, for the purpose of the said section, relating to imported and export goods.


SCHEDULE-I
S.No.
Foreign Currency
Rate of exchange of one unit of foreign currency equivalent to Indian rupees

(1)    
(2)
(3)



               (a)
                (b)



(For Imported Goods)
  (For Export Goods)

1.
Australian Dollar
52.65
51.35

2.
Bahrain Dinar
169.15
159.90

3.
Canadian Dollar               
55.20
53.95

4.
Danish Kroner
10.40
10.10

5.
EURO
77.20
75.35

6.
Hong Kong Dollar
8.05
7.95

7.
Kuwait Dinar
218.75
206.25

8.
New Zealand Dollar
48.75
47.35

9.
Norwegian Kroner
8.95
8.70

10.
Pound Sterling
98.30
96.10

11.
Singapore Dollar
47.70
46.70

12.
South African Rand
5.70
5.35

13.
Saudi Arabian Riyal
17.00
16.05

14.
Swedish Kroner
8.35
8.15

15.
Swiss Franc
64.25
62.60

16.
UAE Dirham
17.35
16.40

17.
US Dollar
62.50
61.50













                                                             

 SCHEDULE-II
                       
S.No.
Foreign Currency
Rate of exchange of 100 units of foreign currency equivalent to Indian rupees
(1)    
(2)
(3)


(a)
(b)


(For Imported Goods)
  (For Export Goods)
1.
Japanese Yen
52.30
51.10
2.
Kenya Shilling
70.80
66.75





***
FM asks the Customs Officials to use Latest Technology to Gather and Analyze Intelligence Information to Curb any Illicit Transaction Across the Border

The Union Finance Minister Shri Arun Jaitley asked the Customs officials to use latest technology to gather and analyze intelligence information relating to any illicit transaction across the border. He stressed on the need for exchange of information by the officers of the Directorate of Revenue Intelligence (DRI) with other intelligence agencies and development of their potential to analyse it critically and minutely before hitting the final target. The Finance Minister Shri Jaitley was addressing the officers of the Directorate of Revenue Intelligence(DRI) and other Customs officers after inaugurating the two-day ‘2nd Regional Customs Enforcement Meeting’ organized here today by DRI to commemorate its Founding Day. The Finance Minister Shri Jaitley further said that in an era of free trade and trade liberalization, there is need for global and international cooperation and sharing of intelligence information among the countries especially among the neighboring ones in order to control the illicit movement of goods across border. He said that officers need to be trained in order to read between the lines and be fully equipped to handle the latest technology tools efficiently and effectively in order to keep pace with the techniques used by the tax evaders who always try to exploit the loopholes/gaps in the law.

The DRI Founding Day function was also attended by Dr. Hon’ble Justice Arijit Pasayat, former judge of the Supreme Court and Vice Chairman, Special Investigating Team (SIT), Shri Shaktikanta Das, Revenue Secretary, Chairman and Members of CBEC, CBDT, DG, NSG, DG,CISF, senior officers of DRI, CBEC and Ministry of Finance among others. This two-day Meeting is also being attended by the Heads of Customs & Enforcement Department from neighbouring countries including Bhutan, Nepal, Bangladesh, Myanmar and Sri Lanka.

During the two day Meeting, the discussions will be focused on common areas of concern relating to enforcement including issues relating to smuggling of Fake Indian Counterfeit Notes (FICN), issues pertaining to country of origin certificate, drug trafficking, smuggling of gold and sharing of SAARC-CMAA experiences among others. The participants will also have a field visit to Air Cargo Complex and IGI Airport in the national capital.

Earlier speaking on this occasion, Shri Shaktikanta Das, Revenue Secretary said that he is sure that DRI would continue to perform keeping in view its past performance and tradition to control smuggling of goods across border and take punitive action against the offenders. He asked the officers to focus on trade based money laundering. He asked the customs and DRI officers to work in a non-intrusive manner so that legitimate movement of goods and services across border and within the country is not adversely affected. Those who are doing trade in a legitimate and fair manner should be encouraged and be treated in friendly manner, the Revenue Secretary added.

Earlier the Finance Minister also released a film on DRI. A Special Message from the President of India on this occasion was also screened.

Shri Najib Shah, Director General, DRI assured the dignitaries present that DRI would continue to perform as a specialized agency in an efficient and effective manner keeping in view its high traditions and glorious achievements of the past. He said that officers and staff of DRI are fully dedicated and committed to their job which includes prevention of smuggling of not only gold, silver, narcotics and drugs, but also of Fake Indian Counterfeit Notes (FICN), endangered species of flora and fauna and illicit arms among others.

*********
India moving towards holistic disaster management, says MoS (Home) Haribhai P. Chaudhary
Shri Haribhai P. Chaudhary inaugurates two-day Roundtable Meetings on ‘Innovations in Technologies for Disaster Rescue Efforts amongst Asia-Europe Meeting Countries’

The Minister of State for Home Affairs, Shri Haribhai Parathibhai Chaudhary has said India was moving towards a holistic disaster mitigation and management action plan. Inaugurating the two-day Roundtable Meetings here today on “Innovations in Technologies for Disaster Rescue Efforts amongst Asia-Europe Meeting (ASEM) countries,” the Minister said that it was the primary duty of the state and the community to save lives whenever a natural calamity strikes.

Stressing on the imperative need for worldwide cooperation in tackling disasters, Shri Chaudhary said that disasters do not respect artificial boundaries created by nation-states. He said that natural calamities often strike with such ferocity that it might erode the years of painstaking development efforts in one sweep. The Minister said disaster response required customized solutions in terms of sudden large-scale transportation needs. He said that India has been able to minimize loss of human lives during disasters due to precise weather forecasting by the India Meteorological Department.

Addressing the gathering Secretary (Border Management) in the Ministry of Home Affairs (MHA), Smt. Sneh Lata Kumar remarked that disasters of late have increased in frequency and scale. She observed that the Asia-Pacific region recorded 75% of disasters, resulting in 2/3rd of casualties recorded worldwide. Voicing concern over the very high casualties during the recent earthquakes in China, Japan and Indonesia, she called for devising an effective risk finance and insurance mechanism especially for the poor people.

Secretary (East) in the Ministry of External Affairs (MEA) Shri Anil Wadhwa, Director-General, FICCI, Dr. Arbind Prasad and Joint Secretary (Disaster Management), MHA Shri GVV Sarma also spoke on the occasion.

On the occasion, Shri Haribhai Parathibhai Chaudhary also inaugurated the Virtual Knowledge Portal (VKP), a web based tool to share knowledge & best practices related to natural disaster risk assessment, mitigation, and response. A meeting of the 24x7 Point of Contact (PoCs) of the East Asia Summit (EAS) countries will also be held during the two-day event.

The two-day Meeting is being attended by the representatives of ASEM and EAS countries. Delegates from International Organizations such as ADPC, UN-SPIDER, UNICEF, UNESCAP, NSET and ECHO are also participating in the deliberations.

****
Protection of Endangered Languages in the Country

There is no language called minority language. The Census of India has classified languages in the categories of Scheduled and Non-Scheduled languages. There are 22 Scheduled and 100 Non-Scheduled languages. The Government of India has a Scheme known as “Protection and Preservation of Endangered Languages of India”. Under this Scheme, the Central Institute of Indian Languages (CIIL), Mysore works on protection, preservation and documentation of all the mother tongues/languages of India spoken by less than 10,000 people in the country.

This information was given by the Union Human Resource Development Minister, Smt. Smriti Irani in a written reply to the Lok Sabha question.

*****
Alternative System of Education

The present National Curriculum Framework (NCF-2005) takes care of any new development and concern in the school level education system. Addressing these concerns, the NCF–2005 follows five guiding principles i.e. (i) connecting knowledge to life outside the school, (ii) ensuring that learning is shifted away from rote methods, (iii) enriching the curriculum to provide for overall development of children rather than remain text book centric, (iv) making examinations more flexible and integrated into classroom life and, (v) nurturing an over-riding identity informed by caring concerns within the democratic polity of the country.

Various curriculum materials developed by the NCERT provide children opportunities to bring experiences in the classroom and also provide scope of infusing arts, heritage craft and work across the subjects at all levels. This helps in developing sensitivity towards all culture. Cultural aspects in education are an integral part of school curriculum at all the stages.

However, The National Policy on Education 1986, as amended in 1992, has been the guiding document for the policies of the Central Government in the education sector. The Government has been following National Policy on Education 1986, as modified in 1992, which provides for National System of Education implying that up to a given level, all students, irrespective of caste, creed, location or sex, have access to education of a comparable quality. The National System of Education envisages a common educational structure.

This information was given by the Union Human Resource Development Minister, Smt. Smriti Irani in a written reply to the Lok Sabha question.

*****
Revamping of Mid Day Meal Scheme


The Government of India has requested all the States / UTs for testing of the meals from accredited labs. The Governments of NCT Delhi and Punjab have engaged accredited labs for testing of samples in their State. The States / UTs Government may involve Food Inspectors to collect the food samples for testing on quality parameters.

The Mid Day Meal Guidelines envisage that teachers should not be assigned responsibilities that will impede or interfere with teaching learning. Teachers should, however, be involved in ensuring that (i) good quality, wholesome food is served to children, and (ii) the actual serving and eating is undertaken in a spirit of togetherness, under hygienic conditions, and in an orderly manner so that the entire process is completed in 30-40 minutes. It should however, be ensured that the food prepared is tasted by 2-3 adults including at least one teacher before it is served to children. Thus, the teacher is to supervise that the mid day meal is served in an orderly manner within specified time (recess period) and to taste the meal on rotational basis before it is served.

The Guidelines provide that, as far as possible, the responsibility of cooking/supply of cooked midday meal should be assigned to local women’s/mothers’ Self-Help Group or local Youth Club affiliated to the Nehru Yuvak Kendras or a voluntary organization or by personnel engaged directly by the School Management Committee (SMC)/Village Education Committee (VEC)/Parent Teacher Association (PTA)/Gram Panchayat/Municipality.

The Mid Day Meal Scheme Guidelines envisage that NGO / Trust / Centralized Kitchen may be engaged for urban areas, where there is a space constraint for setting up school kitchens in individual schools. There is no proposal for supply of meals through Modern Bakery or IRCTC in the Ministry.

Under Mid Day Meal Scheme, only hot cooked meals are served to the children as per the direction of the Hon’ble Supreme Court of India.

Mid Day Meal Scheme covers 10.80 crore children in 11.58 lakh schools during 2013-14. The Scheme provides for a mechanism to deal with complaints and grievances of the stakeholders. The Ministry of HRD has been issuing instructions from time to time for effective implementation of the Scheme.

This information was given by the Union Human Resource Development Minister, Smt. Smriti Irani in a written reply to the Lok Sabha question.
*****
Criteria for Grant of Autonomy to Select Colleges


The following criteria are considered for identification of institutions for grant of autonomy, namely: academic reputation and previous performance in university examinations and its academic/co-curricular/extension activities in the past; academic/extension achievements of the faculty; quality and merit in the selection of students and teachers, subject to statutory requirements in this regard; adequacy of infrastructure, for example, library, equipment, accommodation for academic activities, etc.; quality of institutional management; National Assessment and Accreditation Council (NAAC) accreditation of ‘B’ grade or above; financial resources provided by the management/state government for the development of the institution; responsiveness of administrative structure and motivation and involvement of faculty in the promotion of innovative reforms etc. 
As per the latest XIIth plan guidelines, once a college attains the status of an Autonomous College, it is entitled for the following privileges: have freedom to determine and prescribe its own courses of study and syllabi, restructure and redesign the courses to suit local needs; prescribe rules for admission in consonance with the reservation policy of the state government; evolve methods of assessment of students’ performance, the conduct of examinations and notification of results; use modern tools of educational technology to achieve higher standards and greater creativity; promote healthy practices such as community service, extension activities, projects for the benefit of the society at large, neighbourhood programmes, etc.
The scheme of Autonomous Colleges is being implemented by the University Grants Commission (UGC) to provide autonomy to select colleges.
As on date there are 487 autonomous colleges (affiliated to 93 universities) in 24 States /Union Territories in the country (list is available at http://www.ugc.ac.in/ oldpdf/colleges/ autonomous_colleges-list.pdf).
This information was given by the Union Human Resource Development Minister, Smt. Smriti Irani in a written reply to the Lok Sabha question.


Exchange Rate of Foreign Currency Relating to Imported and Export Goods Notified Exchange Rate of Foreign Currency Relating to Imported and Export Goods Notified Reviewed by Ajit Kumar on 4:19 PM Rating: 5

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