Current Events October 2015 – India

• India became the world’s largest producer of cotton by overtaking China – production of 6.51 million tonnes – 27 of the global cotton crop.
• Kharif season of 2015 (1 District) : Haryana, Karnataka, Madhya Pradesh and Maharashtra
• Rabi season of 2015-16 (2 Districts) : Haryana, Karnataka, Madhya Pradesh and Maharashtra
• India’s Poverty Rate Lowest Among Nations with Poor Population: World Bank – 43% in 2012 and now 19% China, India, Indonesia and Nigeria are moved into lower-middle-income category.
• Gov approved the construction of a war memorial and war museum at India Gate, New Delhi – ` 500 cr.
• Union Ministry of Human Resource Development (Smriti Zubin Irani) issued guidelines as Mid-Day Meal Rules, 2015 under the National Food Security Act 2013 (NFSA, 2013) – to be tested by Labs Every Month
• UD Ministry approved 673 crore for Andhra Pradesh towns – part of AMRUT scheme – 31 cities.
• 5th meeting of India-Maldives Joint Commission held after 15 years in Male, Maldives
• Pradhan Mantri Jan Dhan Yojana crossed the mark of ` 25000 crore with zero balance accounts.
• Delhi Govt’s “Bill Banvao, Inaam Pao” scheme to encourage customers to buy goods and services from registered – min taxable value of ` 100.
• Banana’s new family found in Andaman Islands at the Botanical Survey of India (BSI).
• India and Mozambique inked agreement bilateral cooperation and investment promotion in the area of new and renewable energy has been approved by the Union Cabinet – Mozambique President Filipe Nyusi visit to India in August.
• MoU signed between India and Portugal (1st country from Europe) on the Establishment of Nalanda University by Ambassador Ana Martinho and Jitendra Nath Misra, Ambassador of India to Portugal.
• TRAI (Telecom Regulatory Authority of India) made it compulsory to give a compensation of one rupee for consumers on call drops from – 1st January 2016 – 3 dropped calls in a day
• India-Taipei signed MoU for Cooperation in micro, small and medium enterprises (MSMEs).
• Bus service linking Kolkata and Agartala via Dhaka flagged off via Dhaka fair ranging between ` 1,800 and ` 2,000 – 1,650 km
• Voluntary use of Aadhaar cards in welfare schemes approved by the 5 judge Constitution bench of Supreme Court headed by Chief Justice of India HL Dattu.
• National Judicial Appointments Commission (NJAC) Act and 99th Constitutional Amendment refused by the Apex Court – 4 : 1.
• Launch of toll-free helpline number “1091” for women in distress – Tripura Police to accept FIR through SMS or e-mail.
• Kerala Gender Park launched “Food on Wheels” to serve safe food and night time provide “Night Eatery Street (NES)”.
• India is changing its accounting standards from Generally accepted accounting principles (GAAP) to Indian Accounting Standards (Ind-AS) from April 2016.
• Odisha gets its First 100% solar-powered village-BARIPATHA – ` 7-lakh project, co-funded by ECCO Electronics.
• Arjun Vajpai and Bhupesh Kumar from Noida and Bulandshahr, UP marked their names as the first person to climb a “six thousander” high unnamed peak in Himachal’s Spiti Valley – “Mt. Kalam”
• Indian Railways develops warning system for unmanned level crossings – Coimbatore-Metupallayam section.
• 8th National Seed Congress 2015 was organized at Hyderabad, Telangana
Theme – Quality Seed for Farmers’ Prosperity.
• Nation celebrates Sardar Patel Jayanti as Rashtriya Ekta Diwas (National Unity Day) and PM flags off ‘Run for Unity’ at Rajpath
• G-20 (Chairman – Ahmet Davutoglu) member’s nation finalized that India will be chairing G20 in 2018 and New Delhi, 2015 the presidency is held by Turkey, China (2016), Germany (2017).
• Forbes 50 richest families in Asian: 14 Indian families in the list with 4 spots in top 10.
Lee Byung-Chull family (Samsung – 1st), Lee (Shau Kee) family (Henderson Development – 2nd), Ambani family(Reliance Group – 3rd), Premji family(Wipro – 7th ), Hinduja family -Hinduja Group(9th ), Mistry family (Shapoorji Pallonji Group – 10th )
• India signed agreement on “transfer of sentenced persons” with Hong Kong Special Administrative in New Delhi.
• India’s GDP forecast slipped down from 7.5% to 7.3% and global GDP growth forecast for the year from 3.3% to 3.1% – IMF World Economic Outlook.
• Japan offered to finance India’s first bullet train with an estimated cost of
90000 crores – Mumbai and Ahmedabad with speed 300 km/h and 350 km/h.
• Arun Jaitley launched two taxpayer eSahyog and PAN camps friendly measures with a view to streamlining the taxation procedure.
• Aditya (51%) partnership with Dubai-based private equity firm Abraaj(49%) – solar energy target to 100 Gigawatt by 2022.
• PTC India inked a pact with SECI for sale and purchase of power generated from 3,000-mw solar projects – 25 yrs.
• Environmental permit for the construction of coal mines of Adani Enterprises reissued by the Australian gov – $ 7 Billion.
• Hyderabad based Madhucon Projects sold its Madhucon Agra – Jaipur Expressways Ltd (MAJEL) to Singapore-based Cube Highways and Infrastructure for ` 248 crore.
• Apollo Hospital launches Homecare services in Hyderabad, New Delhi and Chennai.
• Life Insurance Corporation (LIC) and Indian Railways signed MoU to develop a bond of ` 2,000 cr.
• Indian School of Business (ISB) signed MoU with Melbourne-based Deakin University.
• 14 Indian energy companies listed in Platts Global Energy Firm Ranking – RIL(14), ONGC(17), Coal India(38), BPC(59),Indian oil(66), GAIL(120)
Top 5 Energy Firms : Exxon Mobil Corp, Chevron Corp, Royal Dutch Shell plc, CNOOC Ltd and Petro China.
• World’s largest life insurers company Nippon Life increased its stake in Reliance Capital Asset Management (RCAM) to 49% from 35% – Rs.1196 crore.
• Aditya Birla Group joins ecommerce with portal – online fashion portal for apparel, footwear and accessories.
• India’s first Dolphin Community Reserve will be established in West Bengal by state Chief Wildlife Warden Azam Zaidi – Wildlife Protection Act, 1972.

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