CURRENT AFFAIR PART 5

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  • Tesla Motors (led by ELON M USK) launched solar energy battery system Powerwall home battery that charges by electricity generated from solar panels. It's a rechargeable lithium-ion battery designed to store energy for load shifting, backup and self-consumption of solar power generation to reduce dependence on powergrids.
  • Third India-Tunisia Foreign Office Consultations (FOC) held in Tunis. Indian delegation was led by Secretary (East) Anil Wadhwa.
  • To improve education in backward Vidarbha region, Government will set up first IIIT (Indian Institute of Information Technology) of Maharashtra state in Nagpur along with an All India Institute of Medical Sciences (AIIMS) and Indian Institute of Management (IIM).
  • Trevor Bayliss (Australia) is appointed as coach of England cricket team.
  • Two Indians Nand Ram and Raju Joseph posthumously given United Nations (UN) Dag Hammarskjold Medal. Nand Ram served UN Organization Stabilization Mission in Democratic Republic of the Congo and Raju Joseph served in a civilian capacity with UN Mission in South Sudan.
  • Two Indians Shivani Agarwal and Maharaja Pandit won USA's Harvard Universitys prestigious Radcliffe fellowship with 48 Others for one-year fellowships at the Radcliffe Institute.
  • UN report State of Food Insecurity in the World 2015 released by Food and Agriculture Organization of United Nations (FAO), International Fund for Agricultural Development (IFAD) and the World Food Programme (WFP) -
  • Number of undernourished people has dropped to 795 million as compared to 1011 million in 1990 - 92.
  • In the developing regions, prevalence of undernourishment has declined to 12.9 % of the population.
  • 72 of 129 monitored countries have achieved Millennium Development Goal of cutting undernourishment by half till 2015.
  • Sub-Saharan Africa is region with highest prevalence of undernourishment with 23.2 %.
  • prevalence of undernourishment in Latin America and Caribbean has dropped from 14.7 % to 5.5 %
  • In southAsia, prevalence of undernourishment has declined to 15.7 % from 23.9 %.
  • In India - 194.6 million people are still undernourished that makes India second highest in terms of undernourished people.
  • USA Ambassador Richard Verma met Union Agriculture Minister Shri Radha Mohan Singh.
  • USA's jazz musician Bob Belden passed away.
  • Underwater explorers in Madagascar claimed to have discovered treasure belonging to the notorious 17th Century Scottish pirate captain William Kidd. They found a 50-kg silver bar on the island of Sainte Marie, from the ship of Captain Kidd.
  • Captain Kidd was appointed by British authorities to tackle piracy but later became a criminal. He was executed in 1701 for piracy after returning from a voyage to the Indian Ocean.
  • Union Cabinet approved 119th Constitutional Amendment Bill on Land Boundary Agreement (LBA) between India and Bangladesh to operationalize Land Boundary Agreement with Bangladesh.
  • Union Cabinet approved Child Labour (Prohibition & Regulation) Amendment Bill, 2012 meant to amend the Child Labour (Prohibition & Regulation) (CLPR) Act, 1986 and allows children below age of 14 years to work in select non-hazardous family enterprises.
  • Children below 14 years are prohibited to be Employed in all occupations and processes. However, a child helping his family or family enterprise, which is other than hazardous occupation or process after his school hours. A child working as artist in an audio-visual entertainment industry is also not prohibited( except the circus) without affecting the school education.
  • Punishment for employers for violation of the CLPR Act -
  • First offence of employing any child in violation of the Act will be imprisonment for 6 - 24 months, or fine between 20000 - 50000 rupees.
  • Second offence of employing any child in violation of the Act will be imprisonment of 1 - 3 years.
  • Union Cabinet approved introduction of Compensatory Afforestation Fund (CAF) Bill, 2015 in the Parliament to provide for institutional mechanism at Centre and State levels to ensure expeditious utilization of amounts realised in lieu of forest land diverted for non-forest purpose. Key Provisions are -
  • Establishment of Compensatory Afforestation Funds at National and State levels to credit amounts collected by State Governments to compensate loss of forest land diverted for non-forest purpose.
  • Constitution of Compensatory Afforestation Fund Management and Planning Authority (CAMPA) at state and national levels to utilise amounts credited to the corresponding CAFs.
  • Establishment of a Monitoring Group to assist the National CAMPA in monitoring and evaluation of activities undertaken from amounts released from the National CAF and State CAFs.
  • Union Minister for Science & Technology and Earth Sciences, Harsh Vardhan Visited USA.
  • Union Minister of State (Independent Charge), Jitendra Singh ordered probe into misuse of funds of over Rs.900 crores in Arunachal Pradesh through various Centrally Sponsored Schemes.
  • Union Minister of State for Culture, Tourism and Civil Aviation, Mahesh Sharma inaugurated first Science Centre and Planetarium of Union Territory of Puducherry.
  • Union Ministry of Youth Affairs and Sports recognised Motor Sports as a sport by including it in the list of sports ministry-backed National Sports Federations (NSF).
  • Union Science & Technology Minister Dr Harsh Vardhan stated that Government will set up Eastern India’s first observational astronomy institute in Ayodhya Hills of Purulia district of West Bengal.
  • Union Tourism Ministry released Draft National Tourism Policy 2015 aimed at boosting tourism sector in the country and increase India’s share in world tourist arrivals from 0.68% to 1% by 2020 and 2% by 2025. Key Features are -
  • National Tourism Advisory Board (NTAB) will be set up under chairmanship of Union Tourism Minister to monitor the implementation of the policy.
  • National Tourism Authority will be established with representation from the trade and industry and interconnected departments or agencies to execute the policy.
  • To attract foreign tourists the government will play a more pro-active and decisive role at multilateral tourism fora such as the Buddhist Circuit, Ramayana Circuit, Himalayan Circuit, Heritage Circuit, etc.
  • Union minister for science and technology and earth sciences, Harsh Vardhan inaugurated first phase of the Bio Innovation Centre at Rajiv Gandhi Centre for Biotechnology (RGCB) in Thiruvananthapuram (Kerala).
  • United Nation Economic and Social Commission for Asia and the Pacific (UNESCAP) 2015 survey Making Growth More Inclusive for Sustainable Development. Survey analyzes economic growth performance of the region. Highlights of the Survey -
  • Economic growth in Asia and the Pacific will be good but will increase only slightly to 5.9% in 2015 from 5.8% in 2014.
  • North and Central Asia are comparatively slow in economic growth and high at inflation.
  • Due to lower global oil prices and geopolitical tensions, economy of Russian Federation will slow down in 2015 and 2016.
  • Economic growth in South and South-West Asia gained in 2014, mainly due to stronger macroeconomic performance in India. India’s Economic Growth -
  • Indian Economy will grow at 8.1 % in the 2015 and 8.2 %v in 2016.
  • Investment will rise unevenly due to low capacity-utilisation rate at about 70 %.
  • Volatile capital flows that may follow monetary policy normalisation in US remain the risky take.
  • United Nations Conference on Trade and Development (UNCTAD) released a report Global Investment Trends Monitor. It stated that developing Asia now invests more abroad than any other region.
  • Hong Kong (China) and China were the second and the third largest investors in the world, after the United States which is largest source of outward foreign direct investment (FDI).
  • Among the 20 largest investors, nine were from developing or transition economies.
  • Developing Asia has become, for the first time, the world's largest investor region with 440 billion USD, followed by America and Europe.
  • UNCTAD estimates that TNC (Transnational Companies) investment will increase due to better economic prospects, proactive monetary policy in the Eurozone and the large cash holdings of companies. TNCs share in global foreign direct investment (FDI) reached a record of 36%, up from 12% in 2007.
  • United Nations Educational, Scientific and Cultural Organization (UNESCO) presented 2015 UNESCO/Guillermo Cano World Press Freedom Prize to Syrian journalist and rights activist Mazen Darwish on the occasion of the World Press Freedom Day for his work in Syria for more than a decade as a human rights defender and a journalist.
  • United Nations Security Council (UNSC) adopted resolution 2222 (2015) for protection of journalists in conflict zones.
  • United States of America developed Blast proof wallpaper to protect soldiers from explosions.
  • Uttar Pradesh Government amended State Film Policy to promote tourism. Chief Minister Akhilesh Yadav inaugurated UP Film Bandhus Website, signed an agreement to set up a film city and announced a subsidy of 2 crore rupees for film making in Uttar Pradesh.
  • V. Shanmuganathan is appointed as 15th Governor of Meghalaya.
  • VA Prashanth is appointed as Chief Financial Officer (CFO) of the Indian Bank.
  • Various Memorandum of Understanding between India and China -
  • Extension of agreement for Cooperation in Traditional Medicine
  • Tourism, mining and mineral sector
  • Various Memorandum of Understanding between India and Mongolia -
  • Traditional Systems of Medicine and Homoeopathy
  • Border Guarding, Policing and Surveillance
  • Transfer of sentenced persons
  • Various Memorandum of Understanding between India and South Korea -
  • Audio-Visuals Co-Production (to promote Cooperation between the film industries of the two countries)
  • Maritime transport and logistics

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