CURRENT AFFAIRS

Detailed explanation-1: -Q. What is the existing annual income limit for identification of economically weaker section (EWS)? Notes: After the recommendation by the three-member committee, the Centre has decided to continue with the existing annual income limit of ₹8 lakh for identification of economically weaker section (EWS).

Detailed explanation-2: -This limit of ₹ 8 lakh for qualifying into the EWS category is a gross income limit which includes the income from all sources of all family members as opposed to the basic exemption limit under the Income-tax Act which is applicable to the income of a single individual."

Detailed explanation-3: -New Delhi: In a big win for the government, the Supreme Court today backed a 10 per cent quota in jobs and education for the poor or EWS (Economically Weaker Sections), introduced just before the 2019 general elections.

Detailed explanation-4: -In addition to the asset test, individuals must be classified as EWSs in order to qualify for reservation benefits if their family’s gross yearly income is less than Rs 8.00 Iakh (Rupees eight lakh only).