23rd OCTOBER 2024 ENGLISH TNPSC CURRENT AFFAIRS PDF TNPSC SHOUTERS
Power to State Governments to regulate and tax alcohol used in industry - Supreme Court Verdict
- In relation to industrial use alcohol, a case was filed in the Supreme Court. In this case, all parties have concluded their investigations. In this case, the bench comprising of Chief Justice Chandrachud, Justices Rishikesh Roy, Abhay S, PV Nagaratna, Parthiwala, Manoj Mishra, Ujjal Bhuyan, Satish Chandra Sharma, Augustine George Masi gave the verdict.
- The 9-judge bench unanimously ruled that state governments have the power to regulate and tax alcohol used in industry. The judges said that the state government has the right to enact laws related to industrial use of alcohol. Such powers cannot be taken away from the State Government.
- State governments also have the power to levy taxes on industrial alcohol. Central government has no power. This is what the judges said. The Supreme Court upheld the powers of state governments over industrial alcohol production.
- India, Brazil, Russia, South Africa, China, Iran, Saudi Arabia, Ethiopia, Egypt, and the United Arab Emirates are the members of the 16th summit of the 'BRICS' confederation, which began in Kazan, Russia on Tuesday. The theme of the summit is 'Strengthening Multilateral Advocacy for Global Development and Security'.
- It is noteworthy that Prime Minister Modi, who went to Russia to participate in this, met President Putin before the start of the 'BRICS' summit in Kazan and discussed bilateral relations and foreign affairs.
- Speaking among the world leaders attending the BRICS conference, Prime Minister Narendra Modi said that the world is surrounded by war, conflict, economic instability, climate change, terrorism etc.
- With the development of technology, cyber security, disinformation, etc. have also increased. He said that due to this, high expectations have been raised for the BRICS conference.
- Speaking further, Modi said that we must unite against terrorism and financing of terrorist activities, and that there cannot be a double standard against terrorism, which is a matter of grave concern.
