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Major News and Events of 01 July 2017

What Happened on 01 July 2017


GST comes into force after mid-night launch

According to reports, Goods and Service Tax' (GST), India's biggest tax reform since independence, came into force last night. This brings the entire country under single taxation system. GST was launched by President Pranab Mukherjee and Prime Minister Narendra Modi at a special function in Central Hall of Parliament.

$500,000 contribution by India to UN Peacebuilding Fund

According to reports, India has contributed five lakh US Dollars to the UN Peace Building Fund. India has been a Member of the Peace Building Commission since its inception in December 2005 and has so far contributed five million US Dollars to the Peace building Fund. The fresh contribution of five lakh US Dollars to the fund will be effected over the coming days.




FAQs and Answers on Indian History and Geography
Which Indian state is the largest producer of bauxite?The state of Odisha is the largest producer of bauxite in India. India has abundant resources of bauxite and serves as a raw material in the production of aluminium. As per the report of the Ministry of Mines, India stood at the 7th position in… Read More...
Which Indian city is famously known as the "Manchester City of India"?The city of Ahmedabad in the Gujarat state is famously known as the "Manchester City of India". This name was given to this city by a popular textile center in the Manchester of Great Britain, adhering to the striking similarities of Ahmedabad's prospering cotton textile… Read More...
Which Indian state is the largest producer of coffee?Karnataka state is the largest producer of coffee in India. The state contributed about 70% of the total production of coffee in India during 2016-17 with 2.33 lakh MT coffee production. The main variety of coffee grown in Karnataka is Robusta, but the state also… Read More...



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