GK Edu Wrap – 8th April 2015

National:

1. Telecom Regulatory Authority of India (TRAI) recommended the establishment of Integrated Emergency Communication and Response System (IECRS) in the country. This system can be accessed through a single emergency number 112 from a landline or mobile phone/device for all emergency phone-calls across the country. The recommendation with respect to setting up of IECRS was made in exercise of its power conferred under section 11 (1)(a)(ii) and (vii) of the TRAI Act, 1997 which empowers TRAI to make recommendations, either suo motu or on a request from the licensor.

2. Grey Hypocolius (Hypocolius ampelinus), a rare bird, was sighted by two Mumbai-based professionals and keen amateur birders. The bird was photographed on 26 February 2015 by Kunal Munsiff and Nosherwan Sethna at the Narara Marine National Park near Jamnagar in Gujarat. The findings were published by Bombay Natural History Society (BHNS) after Munsiff and Sethna submitted their findings to the BHNS.

3. Prime Minister Narendra Modi launched the Micro Units Development and Refinance Agency Ltd. (MUDRA) Bank to fund the small entrepreneurs. The Bank was launched under the ambitious Pradhan Mantri Jan Dhan Yojana (PMJDY). The bank will provide credit of up to 10 lakh rupees to small entrepreneurs and act as a regulator for Micro-Finance Institutions (MFIs).

4. The Union Ministry of Environment, Forest and Climate Change proposed a colour-coded system to re-classify industries based on pollution potential.

Proposed colour-coded scheme:
• Red Category: Industrial sectors with a score of 60 and more.
• Orange Category: Industrial sectors with a score between 30 to 59.
• Green Category: Industrial sectors with a score between 15 to 29.

Industrial sectors scoring below 15 will be considered as white as they are environment friendly.

5. The Union Ministry of Commerce and Industry formed an expert committee under the chairmanship of Ajay Shankar to suggest simplified compliance for establishing new industries. He is a former Secretary to the Department of Industrial Policy and Promotion (DIPP).

6. Mayilsamy Annadurai was appointed as Director of ISRO Satellite Centre (ISAC), Bengaluru. He took over as Director, ISAC from Dr SK Shivakumar who superannuated on 31 March 2015.

7. The Paralympic Committee of India (PCI) suspended its president Rajesh Tomar. He was charged with gross mismanagement of the 15th National Para-Athletics championship for differently-abled sports persons. The 15th National Para-Athletics championship was held from 22 March to 24 March 2015 in Ghaziabad, Uttar Pradesh.

8. The Union Cabinet approved amendments to the Real Estate (Regulation and Development) Bill, 2013. The bill protects the interests of millions of consumers and curbs malpractices in the real estate sector. The decision was taken at the Cabinet meet chaired by Prime Minister Narendra Modi in New Delhi.

9. National Green Tribunal (NGT) banned all the diesel vehicles, heavy or light, over 10 years old from plying on Delhi roads. It asked the governments and concerned agencies to ensure within 20 hours that all entry points have units to check pollution levels, weight and age of vehicle. The ruling was given by a bench headed by NGT chairperson Justice Swatanter Kumar.

10.  Cabinet Committee on Economic Affairs (CCEA) meeting chaired by Prime Minister Narendra Modi approved strengthening and widening of three sections connecting the two temple towns of Varanasi and Madurai.

CCEA approved four laning of
Sultanpur-Varanasi section of National Highway-56 in Uttar Pradesh
Varanasi to Ghazipur, Gorakhpur and Nepal section of NH- 29 in Uttar Pradesh.
Madurai-Ramanathapuram section of NH- 49 in Tamil Nadu.

International:

1. Sri Lanka and Pakistan signed six agreements. The signing of the agreement was witnessed by the Pakistan Prime Minsiter Nawaz Sharif and Sri Lanka President Maithripala Sirisena at the PM House in Islamabad. The six agreements pertained to advancing cooperation in disaster management, sports, shipping, socio-economic development, education and narcotics control.

Sports:

1. Indian Grandmaster Dronavalli Harika won Bronze medal along with Swedish Grandmaster Pia Cramling in the World Women’s chess championships held at Sochi, Russia. In the semi-final clash, Harika lost to Mariya Muzychuk of Ukraine. She got 20000 US dollars for the Bronze medal finish.

2. Gujarat cricket team won the 2014-15 Syed Mushtaq Ali T20 Trophy played at the KIIT Cricket Stadium, Bhubaneshwar. In the final clash, Gujarat defeated Punjab by two wickets. Wicketkeeper and opening batsman Smit Patel’s unbeaten 50 helped Gujarat to win their second Syed Mushtaq Ali Trophy. Gujarat won the trophy in 2012-13 by defeating Punjab in the final by four wickets.

Mergers & Acquisition:

1. Online marketplace Snapdeal acquired India’s fastest growing mobile transaction platform FreeCharge. With this acquisition, Snapdeal has become India’s largest mobile commerce firm with 40 million users and the largest mobile transactions base for any company.

Economics:

1. Bangladesh cabinet meeting chaired by Prime Minister Sheikh Hasina has approved the revised India-Bangladesh trade agreement. The revised agreement will facilitate both countries to use each other’s land and water routes for trade with a third country and remove long standing barrier in regional trade. With this Bangladesh will be able to use Indian railways, roads and waterways in transshipment of goods to Bhutan and Nepal. While, India will be able to send goods to Myanmar through Bangladesh.

Awards & Recognition:

1. 15-year-old Indian-origin student, Pratap Singh from United Kingdom (UK) has won prestigious award Institute of Physics (IOP) Prize. Singh, who is a student at The Perse School, Cambridge received the prize for his experiment to verify an effect of Albert Einstein’s special relativity theory.

Appointement:

1.  Sumit Mazumder was elected as the President of Confederation of Indian Industry (CII) for the year 2015-16. He is Chairman & Managing Director (MD) of TIL Limited. He will succeed Ajay Shriram, Chairman of DCM Shriram Consolidated Ltd.

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