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News in School Assembly | News headlines for February 20

News in School Assembly|News headlines for February 20.

National news.

1. The 16th finance commission will take holistic view of fund sharing.

- Arvind Pangaria, the chairman of the 16th finance commission, will decide on sharing of taxes and resources between the centre and states.

- A finance commission is a constitutional body mentioned in the article 280, which is entrusted the tasks to take decision on sharing of taxes and resources between the centre and states.

2. ASI resumes excavation of Vikramshila Mahavihara.

- The Archeological survey of India again restart excavation process of 8th century built Mahavihara at Antichak village in Bhagalpur.

- The Vikramshila Mahavihara, inhabited by thousands of Buddhist monks and scholars for research was one of most important centre of learning in India during Pala Dynasty.

International news.

1. G7 demands clarification on circumstances of Alexey Navalany death.

- G7 foreign ministers called on Russia to fully clarify the circumstances of the death of arch rival and opposition leader Alexey Navalany.

2. Japan's next generation H3 rocket launch success.

- Japan launched it's flagship rocket, built by Mitsubishi heavy industries limited for Japan's national space agency.

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