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Current Affairs – 20th June 2015

Category : All, Current Affairs · by Jun 21st, 2015

1- Humans driving Earth to sixth mass extinction: Study

Humans driving Earth to sixth mass extinction: Study,  khichdi, blog, general,knowledge, ias, ips, civil, services, CSAT,pre, ies, general studies, GS, mains, competitive, entrance, bank, PO, IBPS, current, affairs, may, 2015, blog, study, material, CSAT  Current Affairs, 3rd june 2015, 4th June 2015, 5th june 2015, 6th June 2015,7th june 2015, 8th june 2015, 9th june 2015,10th june 2015, 17th june 2015, 18th june 2015, 29th june 2015, 28th june 2015  University of California, Berkeley of United states, Earth, Mass Extinction, Humans, Stanford University, Princeton University, International Union for Conservation of Nature, IUCN, United Nations General Assembly, United Nations General Assembly, UNGA, UNRA, World Refugee Day, Indian School of Business, VMP, Village Mentoring Project, Haryana Government, COSMOS Redshift 7, Cristiano Ronaldo, Leiden Observatory in the Netherlands, University of Lisbon in Portugal, Dr. David Sobral, CR7 galaxy, Mohammad Ashraf Ghani, Afganistan, Japan, Padma Bhushan, Ramchandra Guha, Fukuoka Prize, Jakaya Mrisho Kikwete, Tanzania, Jharkhand Government, Thermocol plates, Suleyman Demirel, Turkey, Delhi High Court, Justice Gian Parkash, Article 217 of the Constitution of India, France, earphones, Atithi Devo Bhava, Minister of State for Tourism, Mahesh Sharma, Aamir Khan, Land of Yoga, Public Health Foundation of India, Dr. D Prabhakaran, Food Safety and Standards Authority of India, FSSAI, Union Government, Indian Gold Coin, Sovereign Gold Bond Scheme, Gold Monetisation Scheme , GMS, VRF ACs , Blue Star, Pension Fund Regulatory and Development Authority, PFRDA, D Swarup, Union Ministry of Finance , Financial Sector Legislative Reforms Commission, FSLRC, Financial Redress Agency, FRA, Shivalik hills, Satluj, Khalsa, Takht Sri Keshgarh Sahib, Shiromani Gurdwara Parbandhak Committee, Punjab, Shiromani Gurdwara Parbandhak Committee, SGPC, Department of State of USA, Country Reports on Terrorism 2014, Internet and Mobile Association of India, IAMAI, Social Media in India 2014 , Picasso, CB Richard Ellis Group , CBRE, Global Prime Office Occupancy Costs survey, Nariman Point , Bandra-Kurla Complex , Connaught Place , Thorning-Schmidt, Red bloc, Blue bloc, Social Democratic party, Lars Løkke Rasmussen, DenmarkAs per recently published study in the journal Science Advances, humans are driving Earth to sixth mass extinction. The study was led by team of experts from Stanford University, Princeton University and the University of California, Berkeley of United states.

Key facts

The analysis of study was based on documented extinctions of vertebrate species such as frogs, tigers, reptiles and from fossil records and other historical data. Researchers had compared the modern rate of species loss to the natural rates of species disappearance before human activity was dominated. As per natural rate of extinction, two species go extinct per 10,000 species in 100 years. However, modern rates of extinction are 8 to 100 times higher. For example, 477 vertebrates have gone extinct since 1900, rather than 9 that would be expected at natural rates. The average rate of vertebrate species loss in past 100 years is up to 114 times higher than it would had been without human activity. Main causes for species loss includes climate change, pollution, deforestation, habitat loss, over-exploitation for economic gain etc.

As per International Union for Conservation of Nature (IUCN) around 41 percent of all amphibian species and 26 percent of mammals are threatened with extinction. The study calls for rapid and greatly intensified efforts to conserve already threatened species. It also calls to alleviate pressures on species populations due over-exploitation for economic gain, habitat loss and climate change.

2- June 20: World Refugee Day

June 20: World Refugee Day,  khichdi, blog, general,knowledge, ias, ips, civil, services, CSAT,pre, ies, general studies, GS, mains, competitive, entrance, bank, PO, IBPS, current, affairs, may, 2015, blog, study, material, CSAT  Current Affairs, 3rd june 2015, 4th June 2015, 5th june 2015, 6th June 2015,7th june 2015, 8th june 2015, 9th june 2015,10th june 2015, 17th june 2015, 18th june 2015, 29th june 2015, 28th june 2015  University of California, Berkeley of United states, Earth, Mass Extinction, Humans, Stanford University, Princeton University, International Union for Conservation of Nature, IUCN, United Nations General Assembly, United Nations General Assembly, UNGA, UNRA, World Refugee Day, Indian School of Business, VMP, Village Mentoring Project, Haryana Government, COSMOS Redshift 7, Cristiano Ronaldo, Leiden Observatory in the Netherlands, University of Lisbon in Portugal, Dr. David Sobral, CR7 galaxy, Mohammad Ashraf Ghani, Afganistan, Japan, Padma Bhushan, Ramchandra Guha, Fukuoka Prize, Jakaya Mrisho Kikwete, Tanzania, Jharkhand Government, Thermocol plates, Suleyman Demirel, Turkey, Delhi High Court, Justice Gian Parkash, Article 217 of the Constitution of India, France, earphones, Atithi Devo Bhava, Minister of State for Tourism, Mahesh Sharma, Aamir Khan, Land of Yoga, Public Health Foundation of India, Dr. D Prabhakaran, Food Safety and Standards Authority of India, FSSAI, Union Government, Indian Gold Coin, Sovereign Gold Bond Scheme, Gold Monetisation Scheme , GMS, VRF ACs , Blue Star, Pension Fund Regulatory and Development Authority, PFRDA, D Swarup, Union Ministry of Finance , Financial Sector Legislative Reforms Commission, FSLRC, Financial Redress Agency, FRA, Shivalik hills, Satluj, Khalsa, Takht Sri Keshgarh Sahib, Shiromani Gurdwara Parbandhak Committee, Punjab, Shiromani Gurdwara Parbandhak Committee, SGPC, Department of State of USA, Country Reports on Terrorism 2014, Internet and Mobile Association of India, IAMAI, Social Media in India 2014 , Picasso, CB Richard Ellis Group , CBRE, Global Prime Office Occupancy Costs survey, Nariman Point , Bandra-Kurla Complex , Connaught Place , Thorning-Schmidt, Red bloc, Blue bloc, Social Democratic party, Lars Løkke Rasmussen, DenmarkEvery year June 20 is observed as World Refugee Day to raise awareness of the situation of refugees throughout the world. The theme for year 2015 is With courage let us all combine.

Background of World Refugee Day

United Nations General Assembly (UNGA) had passed a resolution to observe 20 June as World Refugee Day on 4 December 2000. It was passed to mark 50th anniversary of the 1951 Convention relating to the Status of Refugees. Since then it is observed annually with different themes. Prior to passing of this resolution in 2000, African Refugee Day was formally celebrated on 20 June in several countries especially by Organization of African Unity (OAU) member states. On this day, United Nations Refugee Agency (UNRA) hosts various events and announces a theme for its campaign. With this UNRA seeks to draw the public’s attention to the millions of refugees and internally displaced persons worldwide who have fled their homes forcefully due to war, conflict and persecution.

3- Haryana Government launches Village Mentoring Project to uplift villagers

Haryana Government launches Village Mentoring Project to uplift villagers,  khichdi, blog, general,knowledge, ias, ips, civil, services, CSAT,pre, ies, general studies, GS, mains, competitive, entrance, bank, PO, IBPS, current, affairs, may, 2015, blog, study, material, CSAT  Current Affairs, 3rd june 2015, 4th June 2015, 5th june 2015, 6th June 2015,7th june 2015, 8th june 2015, 9th june 2015,10th june 2015, 17th june 2015, 18th june 2015, 29th june 2015, 28th june 2015  University of California, Berkeley of United states, Earth, Mass Extinction, Humans, Stanford University, Princeton University, International Union for Conservation of Nature, IUCN, United Nations General Assembly, United Nations General Assembly, UNGA, UNRA, World Refugee Day, Indian School of Business, VMP, Village Mentoring Project, Haryana Government, COSMOS Redshift 7, Cristiano Ronaldo, Leiden Observatory in the Netherlands, University of Lisbon in Portugal, Dr. David Sobral, CR7 galaxy, Mohammad Ashraf Ghani, Afganistan, Japan, Padma Bhushan, Ramchandra Guha, Fukuoka Prize, Jakaya Mrisho Kikwete, Tanzania, Jharkhand Government, Thermocol plates, Suleyman Demirel, Turkey, Delhi High Court, Justice Gian Parkash, Article 217 of the Constitution of India, France, earphones, Atithi Devo Bhava, Minister of State for Tourism, Mahesh Sharma, Aamir Khan, Land of Yoga, Public Health Foundation of India, Dr. D Prabhakaran, Food Safety and Standards Authority of India, FSSAI, Union Government, Indian Gold Coin, Sovereign Gold Bond Scheme, Gold Monetisation Scheme , GMS, VRF ACs , Blue Star, Pension Fund Regulatory and Development Authority, PFRDA, D Swarup, Union Ministry of Finance , Financial Sector Legislative Reforms Commission, FSLRC, Financial Redress Agency, FRA, Shivalik hills, Satluj, Khalsa, Takht Sri Keshgarh Sahib, Shiromani Gurdwara Parbandhak Committee, Punjab, Shiromani Gurdwara Parbandhak Committee, SGPC, Department of State of USA, Country Reports on Terrorism 2014, Internet and Mobile Association of India, IAMAI, Social Media in India 2014 , Picasso, CB Richard Ellis Group , CBRE, Global Prime Office Occupancy Costs survey, Nariman Point , Bandra-Kurla Complex , Connaught Place , Thorning-Schmidt, Red bloc, Blue bloc, Social Democratic party, Lars Løkke Rasmussen, DenmarkHaryana Government has launched a Village Mentoring Project (VMP) in a bid to improve healthcare and education of the villagers with a special emphasis on girl child. The project was launched in Rajjipur village of Panchkula district of state in collaboration with Indian School of Business (ISB). VMP is the first of its kind initiative in Haryana under which villages in the state would be mentored by leading educational institutions, corporate houses and other organizations. It will be launched in a phased manner in 5 villages each of the 22 districts in the state. In case of Rajjipur village of Panchkula district, faculty and students of ISB will visit the village. They will present a street play on the theme of Continuing girl education, sanitation, hygiene and nutrition and also conduct a counseling session, health camps engaging with the school kids and village residents.

4- Galaxy named as CR7 after footballer Cristiano Ronaldo

Galaxy named as CR7 after footballer Cristiano Ronaldo,  khichdi, blog, general,knowledge, ias, ips, civil, services, CSAT,pre, ies, general studies, GS, mains, competitive, entrance, bank, PO, IBPS, current, affairs, may, 2015, blog, study, material, CSAT  Current Affairs, 3rd june 2015, 4th June 2015, 5th june 2015, 6th June 2015,7th june 2015, 8th june 2015, 9th june 2015,10th june 2015, 17th june 2015, 18th june 2015, 29th june 2015, 28th june 2015  University of California, Berkeley of United states, Earth, Mass Extinction, Humans, Stanford University, Princeton University, International Union for Conservation of Nature, IUCN, United Nations General Assembly, United Nations General Assembly, UNGA, UNRA, World Refugee Day, Indian School of Business, VMP, Village Mentoring Project, Haryana Government, COSMOS Redshift 7, Cristiano Ronaldo, Leiden Observatory in the Netherlands, University of Lisbon in Portugal, Dr. David Sobral, CR7 galaxy, Mohammad Ashraf Ghani, Afganistan, Japan, Padma Bhushan, Ramchandra Guha, Fukuoka Prize, Jakaya Mrisho Kikwete, Tanzania, Jharkhand Government, Thermocol plates, Suleyman Demirel, Turkey, Delhi High Court, Justice Gian Parkash, Article 217 of the Constitution of India, France, earphones, Atithi Devo Bhava, Minister of State for Tourism, Mahesh Sharma, Aamir Khan, Land of Yoga, Public Health Foundation of India, Dr. D Prabhakaran, Food Safety and Standards Authority of India, FSSAI, Union Government, Indian Gold Coin, Sovereign Gold Bond Scheme, Gold Monetisation Scheme , GMS, VRF ACs , Blue Star, Pension Fund Regulatory and Development Authority, PFRDA, D Swarup, Union Ministry of Finance , Financial Sector Legislative Reforms Commission, FSLRC, Financial Redress Agency, FRA, Shivalik hills, Satluj, Khalsa, Takht Sri Keshgarh Sahib, Shiromani Gurdwara Parbandhak Committee, Punjab, Shiromani Gurdwara Parbandhak Committee, SGPC, Department of State of USA, Country Reports on Terrorism 2014, Internet and Mobile Association of India, IAMAI, Social Media in India 2014 , Picasso, CB Richard Ellis Group , CBRE, Global Prime Office Occupancy Costs survey, Nariman Point , Bandra-Kurla Complex , Connaught Place , Thorning-Schmidt, Red bloc, Blue bloc, Social Democratic party, Lars Løkke Rasmussen, DenmarkAstronomers have named a newly discovered galaxy as CR7 (COSMOS Redshift 7) after Portuguese footballer Cristiano Ronaldo. Ronaldo is famously known as CR7 after his initials and his jersey number.  He had won Fifa’s Ballon d’Or award consecutively for two years in 2013 and 2014 and has scored a staggering 66 goals this season.

Facts about CR7 galaxy

CR7 discovered by a team of astronomers led by Dr. David Sobral from the University of Lisbon in Portugal and Leiden Observatory in the Netherlands. It was discovered by using European Southern Observatory’s (ESO’s) Very Large Telescope (VLT). CR7 is three times brighter compared to Himiko galaxy which was earlier thought be as brightest distant galaxy known to mankind. It is part of the early universe which contains the first generation of stars i.e. known as Population III stars. CR7 belongs to the age of the ancient Universe which existed 800 million years after the Big Bang. This period is known as reionization period.

Population III stars: They are first generation of stars which are born out of the primordial material of the Big Bang. It is believed that Population III stars are several hundred or even a thousand times more massive than our Sun and it is more blazing hot, transient, exploding as supernovae after only about 2 million years ago.

5- Afghanistan President issues decree to extend mandate of present Parliament

Afghanistan President issues decree to extend mandate of present Parliament,  khichdi, blog, general,knowledge, ias, ips, civil, services, CSAT,pre, ies, general studies, GS, mains, competitive, entrance, bank, PO, IBPS, current, affairs, may, 2015, blog, study, material, CSAT  Current Affairs, 3rd june 2015, 4th June 2015, 5th june 2015, 6th June 2015,7th june 2015, 8th june 2015, 9th june 2015,10th june 2015, 17th june 2015, 18th june 2015, 29th june 2015, 28th june 2015  University of California, Berkeley of United states, Earth, Mass Extinction, Humans, Stanford University, Princeton University, International Union for Conservation of Nature, IUCN, United Nations General Assembly, United Nations General Assembly, UNGA, UNRA, World Refugee Day, Indian School of Business, VMP, Village Mentoring Project, Haryana Government, COSMOS Redshift 7, Cristiano Ronaldo, Leiden Observatory in the Netherlands, University of Lisbon in Portugal, Dr. David Sobral, CR7 galaxy, Mohammad Ashraf Ghani, Afganistan, Japan, Padma Bhushan, Ramchandra Guha, Fukuoka Prize, Jakaya Mrisho Kikwete, Tanzania, Jharkhand Government, Thermocol plates, Suleyman Demirel, Turkey, Delhi High Court, Justice Gian Parkash, Article 217 of the Constitution of India, France, earphones, Atithi Devo Bhava, Minister of State for Tourism, Mahesh Sharma, Aamir Khan, Land of Yoga, Public Health Foundation of India, Dr. D Prabhakaran, Food Safety and Standards Authority of India, FSSAI, Union Government, Indian Gold Coin, Sovereign Gold Bond Scheme, Gold Monetisation Scheme , GMS, VRF ACs , Blue Star, Pension Fund Regulatory and Development Authority, PFRDA, D Swarup, Union Ministry of Finance , Financial Sector Legislative Reforms Commission, FSLRC, Financial Redress Agency, FRA, Shivalik hills, Satluj, Khalsa, Takht Sri Keshgarh Sahib, Shiromani Gurdwara Parbandhak Committee, Punjab, Shiromani Gurdwara Parbandhak Committee, SGPC, Department of State of USA, Country Reports on Terrorism 2014, Internet and Mobile Association of India, IAMAI, Social Media in India 2014 , Picasso, CB Richard Ellis Group , CBRE, Global Prime Office Occupancy Costs survey, Nariman Point , Bandra-Kurla Complex , Connaught Place , Thorning-Schmidt, Red bloc, Blue bloc, Social Democratic party, Lars Løkke Rasmussen, DenmarkAfghanistan President Mohammad Ashraf Ghani has issued a decree to extend the mandate of present Parliament which expires on 22 June 2015. President Ghani had taken this decision in consultation with the judiciary, the legislative and the executive. With the issuing of decree, current Afghan Parliament now can continue to function until voting take place for the parliamentary elections. The dated for elections to elect new Parliament will be announced later in end of June 2015. The parliamentary elections of Afghanistan were scheduled in April 2015. However due to security reasons and disagreement on how to conduct a free and fair voting it was delayed.

It should be also noted that during 2014 presidential elections, both Ashraf Ghani and his rival Abdullah Abdullah had claimed victory in the election which marred by accusations of widespread fraud on both sides. Later, after the intervention of United States both of them agreed to form a unity government. After this deal Ashraf Ghani was chosen as President and Abdullah as Chief Executive.

6- Historian-writer Ramachandra Guha selected for Japan’s Fukuoka Prize

Historian-writer Ramachandra Guha selected for Japan’s Fukuoka Prize,  khichdi, blog, general,knowledge, ias, ips, civil, services, CSAT,pre, ies, general studies, GS, mains, competitive, entrance, bank, PO, IBPS, current, affairs, may, 2015, blog, study, material, CSAT  Current Affairs, 3rd june 2015, 4th June 2015, 5th june 2015, 6th June 2015,7th june 2015, 8th june 2015, 9th june 2015,10th june 2015, 17th june 2015, 18th june 2015, 29th june 2015, 28th june 2015  University of California, Berkeley of United states, Earth, Mass Extinction, Humans, Stanford University, Princeton University, International Union for Conservation of Nature, IUCN, United Nations General Assembly, United Nations General Assembly, UNGA, UNRA, World Refugee Day, Indian School of Business, VMP, Village Mentoring Project, Haryana Government, COSMOS Redshift 7, Cristiano Ronaldo, Leiden Observatory in the Netherlands, University of Lisbon in Portugal, Dr. David Sobral, CR7 galaxy, Mohammad Ashraf Ghani, Afganistan, Japan, Padma Bhushan, Ramchandra Guha, Fukuoka Prize, Jakaya Mrisho Kikwete, Tanzania, Jharkhand Government, Thermocol plates, Suleyman Demirel, Turkey, Delhi High Court, Justice Gian Parkash, Article 217 of the Constitution of India, France, earphones, Atithi Devo Bhava, Minister of State for Tourism, Mahesh Sharma, Aamir Khan, Land of Yoga, Public Health Foundation of India, Dr. D Prabhakaran, Food Safety and Standards Authority of India, FSSAI, Union Government, Indian Gold Coin, Sovereign Gold Bond Scheme, Gold Monetisation Scheme , GMS, VRF ACs , Blue Star, Pension Fund Regulatory and Development Authority, PFRDA, D Swarup, Union Ministry of Finance , Financial Sector Legislative Reforms Commission, FSLRC, Financial Redress Agency, FRA, Shivalik hills, Satluj, Khalsa, Takht Sri Keshgarh Sahib, Shiromani Gurdwara Parbandhak Committee, Punjab, Shiromani Gurdwara Parbandhak Committee, SGPC, Department of State of USA, Country Reports on Terrorism 2014, Internet and Mobile Association of India, IAMAI, Social Media in India 2014 , Picasso, CB Richard Ellis Group , CBRE, Global Prime Office Occupancy Costs survey, Nariman Point , Bandra-Kurla Complex , Connaught Place , Thorning-Schmidt, Red bloc, Blue bloc, Social Democratic party, Lars Løkke Rasmussen, DenmarkEminent Historian-writer Ramachandra Guha has been selected for Japan’s Fukuoka Prize 2015 in n the Academic category. Apart from him Thant Myint-U (Grand Prize category) and Minh Hanh (Arts and Culture category) were also chosen for this edition of award. They have been selected for their outstanding contributions to academia, arts and culture across Asia. The awards will be presented to them on September 17, 2015 at the Fukuoka International Congress Centre. During this award ceremony Mr Guha will give a lecture on “Gandhi, India and the World”.

About Ramchandra Guha

He is historian and writer. His research interests include social, political, environmental and cricket history. He also write as a columnist in various newspapers including The Telegraph and Hindustan Times and also pens for the magazines The Caravan and Outlook. His famous bibliography: Gandhi Before India (2013), Patriots and Partisans (2012), Makers of Modern India (2010), India after Gandhi: The history of the world’s largest democracy (2007) etc.

Awards: Padma Bhushan (2009), Sahitya Akademi award (2011) for India After Gandhi. For year 2011–12, he had served as the Philippe Roman Chair of International Affairs and History at the London School of Economics.

About Fukuoka Prize

Established: in 1990 by the Japanese city of Fukuoka and the Yokatopia Foundation. It is an annual prize that honours the outstanding work of individuals or organizations in preserving or creating Asian culture.

Prize has three categories: Grand Prize, Academic Prize, and Arts and Culture Prize. The award ceremony is held in every year in September (which is also known as Asian Month in Fukuoka) along with the public forums by the prize winners. Winners of 2014 are Mohammad Yunus, Romila Thapar, Ashis Nandy and Mo Yan.

7- India, Tanzania ink agreements for cooperation in various fields

India, Tanzania ink agreements for cooperation in various fields,  khichdi, blog, general,knowledge, ias, ips, civil, services, CSAT,pre, ies, general studies, GS, mains, competitive, entrance, bank, PO, IBPS, current, affairs, may, 2015, blog, study, material, CSAT  Current Affairs, 3rd june 2015, 4th June 2015, 5th june 2015, 6th June 2015,7th june 2015, 8th june 2015, 9th june 2015,10th june 2015, 17th june 2015, 18th june 2015, 29th june 2015, 28th june 2015  University of California, Berkeley of United states, Earth, Mass Extinction, Humans, Stanford University, Princeton University, International Union for Conservation of Nature, IUCN, United Nations General Assembly, United Nations General Assembly, UNGA, UNRA, World Refugee Day, Indian School of Business, VMP, Village Mentoring Project, Haryana Government, COSMOS Redshift 7, Cristiano Ronaldo, Leiden Observatory in the Netherlands, University of Lisbon in Portugal, Dr. David Sobral, CR7 galaxy, Mohammad Ashraf Ghani, Afganistan, Japan, Padma Bhushan, Ramchandra Guha, Fukuoka Prize, Jakaya Mrisho Kikwete, Tanzania, Jharkhand Government, Thermocol plates, Suleyman Demirel, Turkey, Delhi High Court, Justice Gian Parkash, Article 217 of the Constitution of India, France, earphones, Atithi Devo Bhava, Minister of State for Tourism, Mahesh Sharma, Aamir Khan, Land of Yoga, Public Health Foundation of India, Dr. D Prabhakaran, Food Safety and Standards Authority of India, FSSAI, Union Government, Indian Gold Coin, Sovereign Gold Bond Scheme, Gold Monetisation Scheme , GMS, VRF ACs , Blue Star, Pension Fund Regulatory and Development Authority, PFRDA, D Swarup, Union Ministry of Finance , Financial Sector Legislative Reforms Commission, FSLRC, Financial Redress Agency, FRA, Shivalik hills, Satluj, Khalsa, Takht Sri Keshgarh Sahib, Shiromani Gurdwara Parbandhak Committee, Punjab, Shiromani Gurdwara Parbandhak Committee, SGPC, Department of State of USA, Country Reports on Terrorism 2014, Internet and Mobile Association of India, IAMAI, Social Media in India 2014 , Picasso, CB Richard Ellis Group , CBRE, Global Prime Office Occupancy Costs survey, Nariman Point , Bandra-Kurla Complex , Connaught Place , Thorning-Schmidt, Red bloc, Blue bloc, Social Democratic party, Lars Løkke Rasmussen, DenmarkIndia and Tanzania have inked various agreements including for cooperation in the field of statistics, hydrography, agricultural science and tourism. These agreements were signed in presence of Prime Minister Narendra Modi and his counter Tanzanian President Jakaya Mrisho Kikwete in New Delhi. Apart from signing these agreements both nations also agreed to set up a joint working group on counter-terrorism and increase gas exploration cooperation in the east African nation. It should be noted that President of Tanzania is on a five-day tour to India from 17 June to 21 June 2015. He is the first head of state from Africa to visit India after the PM Narendra Modi led Government came to power in 2014.

Signed agreements are

  • MoU on establishing a collaborative program in official statistics: It was signed for capacity building of EASTC Staff and other African Countries in Official Statistics. Signatory parties are Tanzania’s East Africa Statistical Training Center (EASTC) and India’s National Statistical System Training Academy (NSSTA).
  • MoU on cooperation in Agricultural Statistics, Computer Applications and Bio-informatics: for capacity building in Staff of Tanzania’s EASTC and other African Countries in Agricultural Statistics, Computer Applications and Bio-informatics. Signatory parties are EASTC and Indian Agricultural Statistics Research Institute (IASRI), Indian Council of Agricultural Research (ICAR).
  • MoU on Cooperation in the field of Tourism: Enhance bilateral cooperation in Tourism and hospitality sectors. Loan agreement to operationalise the LoC: Loan agreement on LOC for US 268.35 million dollars for extension of Lake Victoria pipeline project. Signatory parties are Exim Bank and Government of Tanzania (GoT).
  • MOU for Cooperation in the field of Hydrography along with Protocol on exchange of Hydrographic Data: Promote development and cooperation in the field of Hydrography through conducting surveys, capacity building, exchange of data and infrastructure strengthening.
  • Agreement for appointing the former as PMC: The agreement will pave way for preparing Detailed Project Report (DPR) for Lake Victoria pipeline project. Signatory parties are Water and Power Consultancy Services (WAPCOS), PSU under the Ministry of Water Resources of Union Government and Government of Tanzania.

8- Jharkhand Government bans sale of thermocol plates

 khichdi, blog, general,knowledge, ias, ips, civil, services, CSAT,pre, ies, general studies, GS, mains, competitive, entrance, bank, PO, IBPS, current, affairs, may, 2015, blog, study, material, CSAT  Current Affairs, 3rd june 2015, 4th June 2015, 5th june 2015, 6th June 2015,7th june 2015, 8th june 2015, 9th june 2015,10th june 2015, 17th june 2015, 18th june 2015, 29th june 2015, 28th june 2015  University of California, Berkeley of United states, Earth, Mass Extinction, Humans, Stanford University, Princeton University, International Union for Conservation of Nature, IUCN, United Nations General Assembly, United Nations General Assembly, UNGA, UNRA, World Refugee Day, Indian School of Business, VMP, Village Mentoring Project, Haryana Government, COSMOS Redshift 7, Cristiano Ronaldo, Leiden Observatory in the Netherlands, University of Lisbon in Portugal, Dr. David Sobral, CR7 galaxy, Mohammad Ashraf Ghani, Afganistan, Japan, Padma Bhushan, Ramchandra Guha, Fukuoka Prize, Jakaya Mrisho Kikwete, Tanzania, Jharkhand Government, Thermocol plates, Suleyman Demirel, Turkey, Delhi High Court, Justice Gian Parkash, Article 217 of the Constitution of India, France, earphones, Atithi Devo Bhava, Minister of State for Tourism, Mahesh Sharma, Aamir Khan, Land of Yoga, Public Health Foundation of India, Dr. D Prabhakaran, Food Safety and Standards Authority of India, FSSAI, Union Government, Indian Gold Coin, Sovereign Gold Bond Scheme, Gold Monetisation Scheme , GMS, VRF ACs , Blue Star, Pension Fund Regulatory and Development Authority, PFRDA, D Swarup, Union Ministry of Finance , Financial Sector Legislative Reforms Commission, FSLRC, Financial Redress Agency, FRA, Shivalik hills, Satluj, Khalsa, Takht Sri Keshgarh Sahib, Shiromani Gurdwara Parbandhak Committee, Punjab, Shiromani Gurdwara Parbandhak Committee, SGPC, Department of State of USA, Country Reports on Terrorism 2014, Internet and Mobile Association of India, IAMAI, Social Media in India 2014 , Picasso, CB Richard Ellis Group , CBRE, Global Prime Office Occupancy Costs survey, Nariman Point , Bandra-Kurla Complex , Connaught Place , Thorning-Schmidt, Red bloc, Blue bloc, Social Democratic party, Lars Løkke Rasmussen, Denmark, Jharkhand Government bans sale of thermocol platesJharkhand Government has imposed a ban on the sale of thermocol plates in the state. It was announced by Chief Minister Raghuvar Das. By banning thermocol plates, the state government aims at Promoting of leaf plates in the state Generate employment for the poor and tribals who are engaged in making leaf plates. Apart from this decision, Chief Minister also announced Rs 1 lakh to villages in states which become liquor-free.

9- Former Turkey President Suleyman Demirel died

Former Turkey President Suleyman Demirel died,  khichdi, blog, general,knowledge, ias, ips, civil, services, CSAT,pre, ies, general studies, GS, mains, competitive, entrance, bank, PO, IBPS, current, affairs, may, 2015, blog, study, material, CSAT  Current Affairs, 3rd june 2015, 4th June 2015, 5th june 2015, 6th June 2015,7th june 2015, 8th june 2015, 9th june 2015,10th june 2015, 17th june 2015, 18th june 2015, 29th june 2015, 28th june 2015  University of California, Berkeley of United states, Earth, Mass Extinction, Humans, Stanford University, Princeton University, International Union for Conservation of Nature, IUCN, United Nations General Assembly, United Nations General Assembly, UNGA, UNRA, World Refugee Day, Indian School of Business, VMP, Village Mentoring Project, Haryana Government, COSMOS Redshift 7, Cristiano Ronaldo, Leiden Observatory in the Netherlands, University of Lisbon in Portugal, Dr. David Sobral, CR7 galaxy, Mohammad Ashraf Ghani, Afganistan, Japan, Padma Bhushan, Ramchandra Guha, Fukuoka Prize, Jakaya Mrisho Kikwete, Tanzania, Jharkhand Government, Thermocol plates, Suleyman Demirel, Turkey, Delhi High Court, Justice Gian Parkash, Article 217 of the Constitution of India, France, earphones, Atithi Devo Bhava, Minister of State for Tourism, Mahesh Sharma, Aamir Khan, Land of Yoga, Public Health Foundation of India, Dr. D Prabhakaran, Food Safety and Standards Authority of India, FSSAI, Union Government, Indian Gold Coin, Sovereign Gold Bond Scheme, Gold Monetisation Scheme , GMS, VRF ACs , Blue Star, Pension Fund Regulatory and Development Authority, PFRDA, D Swarup, Union Ministry of Finance , Financial Sector Legislative Reforms Commission, FSLRC, Financial Redress Agency, FRA, Shivalik hills, Satluj, Khalsa, Takht Sri Keshgarh Sahib, Shiromani Gurdwara Parbandhak Committee, Punjab, Shiromani Gurdwara Parbandhak Committee, SGPC, Department of State of USA, Country Reports on Terrorism 2014, Internet and Mobile Association of India, IAMAI, Social Media in India 2014 , Picasso, CB Richard Ellis Group , CBRE, Global Prime Office Occupancy Costs survey, Nariman Point , Bandra-Kurla Complex , Connaught Place , Thorning-Schmidt, Red bloc, Blue bloc, Social Democratic party, Lars Løkke Rasmussen, DenmarkFormer Turkish President Suleyman Demirel died on 17 June 2015 following a heart failure and a respiratory tract infection. He was 90. Demirel was one of the dominant figures in Turkey’s politics for over half a century. He served as the President of Turkey from 1993 to 2000, but before that he also held the post of Prime Minister of the country several times in the 1960s and 1970s.

Demirel launched his political career in the aftermath of the 1960 military coup that deposed the Government of Prime Minister Adnan Menderes. He came to power with a landslide win in 1965 as the Prime Minister of Turkey.

However, when the ideological conflict started to turn violent in the Turkey, Demirel was forced out of office in 1971 through a military coup. Demirel was back in power in 1975, but his Coalition Government including Islamists and nationalists again failed to halt Turkey’s slide into chaos. As president, Demirel fostered ties with the Turkic republics of the former Soviet Union and took credit for brokering the removal of an Islamist government from power under pressure from the secular-minded military in 1997.

Demirel was a trained civil engineer. He oversaw many hydroelectric projects and became Director General of the State Hydraulic Works where he looked after the construction of dams. He was born to a farming family in the western Turkish province of Isparta in November 1924.

10- Justice Gian Parkash Mittal resigned from the Office of the Judge of Delhi High Court

Justice Gian Parkash Mittal resigned from the Office of the Judge of Delhi High Court,  khichdi, blog, general,knowledge, ias, ips, civil, services, CSAT,pre, ies, general studies, GS, mains, competitive, entrance, bank, PO, IBPS, current, affairs, may, 2015, blog, study, material, CSAT  Current Affairs, 3rd june 2015, 4th June 2015, 5th june 2015, 6th June 2015,7th june 2015, 8th june 2015, 9th june 2015,10th june 2015, 17th june 2015, 18th june 2015, 29th june 2015, 28th june 2015  University of California, Berkeley of United states, Earth, Mass Extinction, Humans, Stanford University, Princeton University, International Union for Conservation of Nature, IUCN, United Nations General Assembly, United Nations General Assembly, UNGA, UNRA, World Refugee Day, Indian School of Business, VMP, Village Mentoring Project, Haryana Government, COSMOS Redshift 7, Cristiano Ronaldo, Leiden Observatory in the Netherlands, University of Lisbon in Portugal, Dr. David Sobral, CR7 galaxy, Mohammad Ashraf Ghani, Afganistan, Japan, Padma Bhushan, Ramchandra Guha, Fukuoka Prize, Jakaya Mrisho Kikwete, Tanzania, Jharkhand Government, Thermocol plates, Suleyman Demirel, Turkey, Delhi High Court, Justice Gian Parkash, Article 217 of the Constitution of India, France, earphones, Atithi Devo Bhava, Minister of State for Tourism, Mahesh Sharma, Aamir Khan, Land of Yoga, Public Health Foundation of India, Dr. D Prabhakaran, Food Safety and Standards Authority of India, FSSAI, Union Government, Indian Gold Coin, Sovereign Gold Bond Scheme, Gold Monetisation Scheme , GMS, VRF ACs , Blue Star, Pension Fund Regulatory and Development Authority, PFRDA, D Swarup, Union Ministry of Finance , Financial Sector Legislative Reforms Commission, FSLRC, Financial Redress Agency, FRA, Shivalik hills, Satluj, Khalsa, Takht Sri Keshgarh Sahib, Shiromani Gurdwara Parbandhak Committee, Punjab, Shiromani Gurdwara Parbandhak Committee, SGPC, Department of State of USA, Country Reports on Terrorism 2014, Internet and Mobile Association of India, IAMAI, Social Media in India 2014 , Picasso, CB Richard Ellis Group , CBRE, Global Prime Office Occupancy Costs survey, Nariman Point , Bandra-Kurla Complex , Connaught Place , Thorning-Schmidt, Red bloc, Blue bloc, Social Democratic party, Lars Løkke Rasmussen, DenmarkJustice Gian Parkash Mittal on 19 June 2015 resigned from the Office of the Judge of Delhi High Court with effect from the afternoon of 8 July 2015. However, the reason behind his resignation was not disclosed. Mittal tendered his resignation from the office of the Judge of Delhi High Court, in pursuance of provision (a) to clause (1) of article 217 of the Indian Constitution.

Article 217 of the Constitution of India

Article 217 of Indian Constitution states appointment and conditions of the office of a Judge of a High Court. As per clause (1) of article 217, every Judge of a High Court shall be appointed by the President by warrant under his hand and seal after consultation with the Chief Justice of India, the Governor of the State.

And as per provision (a) to clause (1) of Article 217 of the Indian Constitution, a Judge may, by writing under his hand addressed to the President, resign his office.

11- France announced ban on earphones for Drivers and Cyclists

France announced ban on earphones for Drivers and Cyclists,  khichdi, blog, general,knowledge, ias, ips, civil, services, CSAT,pre, ies, general studies, GS, mains, competitive, entrance, bank, PO, IBPS, current, affairs, may, 2015, blog, study, material, CSAT  Current Affairs, 3rd june 2015, 4th June 2015, 5th june 2015, 6th June 2015,7th june 2015, 8th june 2015, 9th june 2015,10th june 2015, 17th june 2015, 18th june 2015, 29th june 2015, 28th june 2015  University of California, Berkeley of United states, Earth, Mass Extinction, Humans, Stanford University, Princeton University, International Union for Conservation of Nature, IUCN, United Nations General Assembly, United Nations General Assembly, UNGA, UNRA, World Refugee Day, Indian School of Business, VMP, Village Mentoring Project, Haryana Government, COSMOS Redshift 7, Cristiano Ronaldo, Leiden Observatory in the Netherlands, University of Lisbon in Portugal, Dr. David Sobral, CR7 galaxy, Mohammad Ashraf Ghani, Afganistan, Japan, Padma Bhushan, Ramchandra Guha, Fukuoka Prize, Jakaya Mrisho Kikwete, Tanzania, Jharkhand Government, Thermocol plates, Suleyman Demirel, Turkey, Delhi High Court, Justice Gian Parkash, Article 217 of the Constitution of India, France, earphones, Atithi Devo Bhava, Minister of State for Tourism, Mahesh Sharma, Aamir Khan, Land of Yoga, Public Health Foundation of India, Dr. D Prabhakaran, Food Safety and Standards Authority of India, FSSAI, Union Government, Indian Gold Coin, Sovereign Gold Bond Scheme, Gold Monetisation Scheme , GMS, VRF ACs , Blue Star, Pension Fund Regulatory and Development Authority, PFRDA, D Swarup, Union Ministry of Finance , Financial Sector Legislative Reforms Commission, FSLRC, Financial Redress Agency, FRA, Shivalik hills, Satluj, Khalsa, Takht Sri Keshgarh Sahib, Shiromani Gurdwara Parbandhak Committee, Punjab, Shiromani Gurdwara Parbandhak Committee, SGPC, Department of State of USA, Country Reports on Terrorism 2014, Internet and Mobile Association of India, IAMAI, Social Media in India 2014 , Picasso, CB Richard Ellis Group , CBRE, Global Prime Office Occupancy Costs survey, Nariman Point , Bandra-Kurla Complex , Connaught Place , Thorning-Schmidt, Red bloc, Blue bloc, Social Democratic party, Lars Løkke Rasmussen, DenmarkFrance on 18 June 2015 announced a ban on wearing earphones while driving a vehicle and riding a cycle. The ban will come into effect from 1 July 2015.  The ban was announced with an aim to reduce deaths due to accidents.

Those found using earphones while driving a vehicle or riding a cycle will be fined 135 Euro (214 US dollar) and lose three license points. However, use of phone while having the caller on loud speaker will be allowed. The announced ban was initially proposed in January 2015 to cut down death toll on the roads in France and to improve driver’s attention while driving. The officials said that one in 10 deaths was linked to mobile phone use while driving.

12- New series of Atithi Devo Bhava TV commercials launched

New series of Atithi Devo Bhava TV commercials launched,  khichdi, blog, general,knowledge, ias, ips, civil, services, CSAT,pre, ies, general studies, GS, mains, competitive, entrance, bank, PO, IBPS, current, affairs, may, 2015, blog, study, material, CSAT  Current Affairs, 3rd june 2015, 4th June 2015, 5th june 2015, 6th June 2015,7th june 2015, 8th june 2015, 9th june 2015,10th june 2015, 17th june 2015, 18th june 2015, 29th june 2015, 28th june 2015  University of California, Berkeley of United states, Earth, Mass Extinction, Humans, Stanford University, Princeton University, International Union for Conservation of Nature, IUCN, United Nations General Assembly, United Nations General Assembly, UNGA, UNRA, World Refugee Day, Indian School of Business, VMP, Village Mentoring Project, Haryana Government, COSMOS Redshift 7, Cristiano Ronaldo, Leiden Observatory in the Netherlands, University of Lisbon in Portugal, Dr. David Sobral, CR7 galaxy, Mohammad Ashraf Ghani, Afganistan, Japan, Padma Bhushan, Ramchandra Guha, Fukuoka Prize, Jakaya Mrisho Kikwete, Tanzania, Jharkhand Government, Thermocol plates, Suleyman Demirel, Turkey, Delhi High Court, Justice Gian Parkash, Article 217 of the Constitution of India, France, earphones, Atithi Devo Bhava, Minister of State for Tourism, Mahesh Sharma, Aamir Khan, Land of Yoga, Public Health Foundation of India, Dr. D Prabhakaran, Food Safety and Standards Authority of India, FSSAI, Union Government, Indian Gold Coin, Sovereign Gold Bond Scheme, Gold Monetisation Scheme , GMS, VRF ACs , Blue Star, Pension Fund Regulatory and Development Authority, PFRDA, D Swarup, Union Ministry of Finance , Financial Sector Legislative Reforms Commission, FSLRC, Financial Redress Agency, FRA, Shivalik hills, Satluj, Khalsa, Takht Sri Keshgarh Sahib, Shiromani Gurdwara Parbandhak Committee, Punjab, Shiromani Gurdwara Parbandhak Committee, SGPC, Department of State of USA, Country Reports on Terrorism 2014, Internet and Mobile Association of India, IAMAI, Social Media in India 2014 , Picasso, CB Richard Ellis Group , CBRE, Global Prime Office Occupancy Costs survey, Nariman Point , Bandra-Kurla Complex , Connaught Place , Thorning-Schmidt, Red bloc, Blue bloc, Social Democratic party, Lars Løkke Rasmussen, DenmarkThe Minister of State for Tourism (Independent Charge), Culture (Independent Charge) and Civil Aviation Mahesh Sharma on 19 June 2015 launched the new edition of Atithi Devo Bhava television (TV) commercials starring Aamir Khan as brand ambassador. The four films, made on the theme of Atithi Devo Bhava, will spread awareness about ways to extend hospitality to tourists visiting India by adopting an honest and helpful attitude, as well as maintaining cleanliness and hygiene.

Veteran actor Aamir Khan is the brand ambassador for these impressive films and these films have been directed by the eminent ad maker Prasoon Joshi. These four films will be telecasted on various television channels to spread the message of Atithi Devo Bhava across the country.

Other announcements:

  • Launched a brochure titled India- The Land of Yoga, that gives details of Yoga destinations and will help to promote Yoga as a tourism product.
  • Setting up of a National Medical and Wellness Tourism Board to boost medical tourism. The Board will help to bring together the various streams of medicine available in India including Ayurveda, Yoga, naturopathy, Unani and low cost allopathic treatments.
  • Development of four new tourist circuits on the themes of Wildlife, Spiritual, Desert and Ramayana under the Swadesh Darshan scheme. These four circuits will be in addition to the five circuits already being developed by the Union Ministry of Tourism.

13- FSSAI set up an Expert Group on Salt, Sugar and Fat in Indian Food Products

FSSAI set up an Expert Group on Salt, Sugar and Fat in Indian Food Products,  khichdi, blog, general,knowledge, ias, ips, civil, services, CSAT,pre, ies, general studies, GS, mains, competitive, entrance, bank, PO, IBPS, current, affairs, may, 2015, blog, study, material, CSAT  Current Affairs, 3rd june 2015, 4th June 2015, 5th june 2015, 6th June 2015,7th june 2015, 8th june 2015, 9th june 2015,10th june 2015, 17th june 2015, 18th june 2015, 29th june 2015, 28th june 2015  University of California, Berkeley of United states, Earth, Mass Extinction, Humans, Stanford University, Princeton University, International Union for Conservation of Nature, IUCN, United Nations General Assembly, United Nations General Assembly, UNGA, UNRA, World Refugee Day, Indian School of Business, VMP, Village Mentoring Project, Haryana Government, COSMOS Redshift 7, Cristiano Ronaldo, Leiden Observatory in the Netherlands, University of Lisbon in Portugal, Dr. David Sobral, CR7 galaxy, Mohammad Ashraf Ghani, Afganistan, Japan, Padma Bhushan, Ramchandra Guha, Fukuoka Prize, Jakaya Mrisho Kikwete, Tanzania, Jharkhand Government, Thermocol plates, Suleyman Demirel, Turkey, Delhi High Court, Justice Gian Parkash, Article 217 of the Constitution of India, France, earphones, Atithi Devo Bhava, Minister of State for Tourism, Mahesh Sharma, Aamir Khan, Land of Yoga, Public Health Foundation of India, Dr. D Prabhakaran, Food Safety and Standards Authority of India, FSSAI, Union Government, Indian Gold Coin, Sovereign Gold Bond Scheme, Gold Monetisation Scheme , GMS, VRF ACs , Blue Star, Pension Fund Regulatory and Development Authority, PFRDA, D Swarup, Union Ministry of Finance , Financial Sector Legislative Reforms Commission, FSLRC, Financial Redress Agency, FRA, Shivalik hills, Satluj, Khalsa, Takht Sri Keshgarh Sahib, Shiromani Gurdwara Parbandhak Committee, Punjab, Shiromani Gurdwara Parbandhak Committee, SGPC, Department of State of USA, Country Reports on Terrorism 2014, Internet and Mobile Association of India, IAMAI, Social Media in India 2014 , Picasso, CB Richard Ellis Group , CBRE, Global Prime Office Occupancy Costs survey, Nariman Point , Bandra-Kurla Complex , Connaught Place , Thorning-Schmidt, Red bloc, Blue bloc, Social Democratic party, Lars Løkke Rasmussen, DenmarkThe Food Safety and Standards Authority of India (FSSAI) on 12 June 2015 set up an Expert Group on Salt, Sugar and Fat in Indian Food Products. The 11-member Expert Group will be headed by Dr. D Prabhakaran, Director, Centre for Chronic Conditions and Injuries and Vice-President, Public Health Foundation of India.

The Group will examine Foods with High in Fat, Sugar and Salt (HFSS), also called Junk Food, on the health of consumers, especially on school going children. The decision to set up the group was taken after the Delhi High Court asked the FSSAI to issue guidelines in this regard. The Expert Group will advise FSSAI on potential health risks to vulnerable groups from consumption of Foods products with HFSS.

Further, it will also recommend FSSAI on prescription of regulations for display of fat, sugar and salt on food products sold and served in eating joints or catering facilities besides labelling requirements for packaged food.

14- Union Ministry of Finance released Draft Outline of Sovereign Gold Bond Scheme

Union Ministry of Finance released Draft Outline of Sovereign Gold Bond Scheme,  khichdi, blog, general,knowledge, ias, ips, civil, services, CSAT,pre, ies, general studies, GS, mains, competitive, entrance, bank, PO, IBPS, current, affairs, may, 2015, blog, study, material, CSAT  Current Affairs, 3rd june 2015, 4th June 2015, 5th june 2015, 6th June 2015,7th june 2015, 8th june 2015, 9th june 2015,10th june 2015, 17th june 2015, 18th june 2015, 29th june 2015, 28th june 2015  University of California, Berkeley of United states, Earth, Mass Extinction, Humans, Stanford University, Princeton University, International Union for Conservation of Nature, IUCN, United Nations General Assembly, United Nations General Assembly, UNGA, UNRA, World Refugee Day, Indian School of Business, VMP, Village Mentoring Project, Haryana Government, COSMOS Redshift 7, Cristiano Ronaldo, Leiden Observatory in the Netherlands, University of Lisbon in Portugal, Dr. David Sobral, CR7 galaxy, Mohammad Ashraf Ghani, Afganistan, Japan, Padma Bhushan, Ramchandra Guha, Fukuoka Prize, Jakaya Mrisho Kikwete, Tanzania, Jharkhand Government, Thermocol plates, Suleyman Demirel, Turkey, Delhi High Court, Justice Gian Parkash, Article 217 of the Constitution of India, France, earphones, Atithi Devo Bhava, Minister of State for Tourism, Mahesh Sharma, Aamir Khan, Land of Yoga, Public Health Foundation of India, Dr. D Prabhakaran, Food Safety and Standards Authority of India, FSSAI, Union Government, Indian Gold Coin, Sovereign Gold Bond Scheme, Gold Monetisation Scheme , GMS, VRF ACs , Blue Star, Pension Fund Regulatory and Development Authority, PFRDA, D Swarup, Union Ministry of Finance , Financial Sector Legislative Reforms Commission, FSLRC, Financial Redress Agency, FRA, Shivalik hills, Satluj, Khalsa, Takht Sri Keshgarh Sahib, Shiromani Gurdwara Parbandhak Committee, Punjab, Shiromani Gurdwara Parbandhak Committee, SGPC, Department of State of USA, Country Reports on Terrorism 2014, Internet and Mobile Association of India, IAMAI, Social Media in India 2014 , Picasso, CB Richard Ellis Group , CBRE, Global Prime Office Occupancy Costs survey, Nariman Point , Bandra-Kurla Complex , Connaught Place , Thorning-Schmidt, Red bloc, Blue bloc, Social Democratic party, Lars Løkke Rasmussen, DenmarkThe Union Government on 19 June 2015 released the Draft Outline of Sovereign Gold Bond Scheme. The government invited comments till 2 July 2015 on it. The scheme is aimed at reducing the demand for physical gold and to shift part of the estimated 300 tons of physical bars and coins purchased every year for investment into demat gold bonds.

Features of Sovereign Gold Bond Scheme

  • Bonds will be issued on payment of money and would be linked to the price of gold.
  • The sell would be restricted to resident Indian entities and each entity cannot buy more than 500 grams per person per year.
  • The bonds will be issued in denominations of 2, 5 and 10 grams of gold or other denominations.
  • The bonds will be issued with a nominal rate of interest (which will be linked to international rate for gold borrowing).
  • The rate of interest on the bonds will be payable in terms of grams of gold. The interest will be calculated on 10000 at a certain per cent say 2 or 3 percent.
  • On maturity, the investor receives the equivalent of the face value of gold in rupee terms.
  • Bonds will be issued on behalf of the Government of India by the Reserve Bank of India (RBI).
  • The bond will be marketed through post offices and by various brokers/agents who may need to be paid a commission (like for Kisan Vikas Patra).
  • The price of gold may be taken from National Commodity and Derivatives Exchange (NCDEX) / London Bullion Market Association/RBI and the rupee equivalent amount may be converted at the RBI reference rate on issue and redemption.
  • Banks/ Non-bank financial companies (NBFCs)/Post Offices may collect money / redeem bonds on behalf of government (for a fee, the amount would be as decided).
  • Capital gains tax treatment will be the same as for physical gold. This will ensure that an investor is indifferent in terms of investing in these bonds and in physical gold- as far as the tax treatment is concerned.
  • The tenor of the bond could be for a minimum of 5 to 7 years so that it would protect investors from medium term volatility in the gold prices.
  • These Bonds will be easily sold and traded on commodity exchanges
  • Bonds can be used as collateral for loans. The Loan to Value ratio can be set equal to ordinary gold loan mandated by RBI from time to time.
  • During 2015-16 financial year gold bonds equivalent of 50 tonnes of gold would be issued. Since the amount, around 13500 crore rupees, is not very high, it can be accommodated within the market borrowing programme for 2015-16.
  • Since these bonds are part of the sovereign borrowing, these would need to be within the fiscal deficit target for 2015-16 and onwards.

Comment

The announcement of Draft Outline of Sovereign Gold Bond Scheme is in tune with the Union Finance Minister Arun Jaitley’s 2015-16 budget speech.

Jaitley, on 28 Februay 2015, announced three major initiatives viz., Gold Monetisation Scheme, Sovereign Gold Bond Scheme and Indian Gold Coin to curb demand for physical gold there by reducing dependence on gold imports.

Gold Monetisation Scheme (GMS), for which the draft outline was released on 19 June 2015, is intended to replace both the gold deposit and gold metal loan scheme and to allow depositors to earn interest on their gold metal accounts jewelers to obtain loans. Indian Gold Coin, which will carry the Ashok Chakra on its face, would help reduce the demand for gold coins and also help recycle the gold available in the country.

15- First-ever indigenously developed VRF ACs launched by Blue Star

First-ever indigenously developed VRF ACs launched by Blue Star,  khichdi, blog, general,knowledge, ias, ips, civil, services, CSAT,pre, ies, general studies, GS, mains, competitive, entrance, bank, PO, IBPS, current, affairs, may, 2015, blog, study, material, CSAT  Current Affairs, 3rd june 2015, 4th June 2015, 5th june 2015, 6th June 2015,7th june 2015, 8th june 2015, 9th june 2015,10th june 2015, 17th june 2015, 18th june 2015, 29th june 2015, 28th june 2015  University of California, Berkeley of United states, Earth, Mass Extinction, Humans, Stanford University, Princeton University, International Union for Conservation of Nature, IUCN, United Nations General Assembly, United Nations General Assembly, UNGA, UNRA, World Refugee Day, Indian School of Business, VMP, Village Mentoring Project, Haryana Government, COSMOS Redshift 7, Cristiano Ronaldo, Leiden Observatory in the Netherlands, University of Lisbon in Portugal, Dr. David Sobral, CR7 galaxy, Mohammad Ashraf Ghani, Afganistan, Japan, Padma Bhushan, Ramchandra Guha, Fukuoka Prize, Jakaya Mrisho Kikwete, Tanzania, Jharkhand Government, Thermocol plates, Suleyman Demirel, Turkey, Delhi High Court, Justice Gian Parkash, Article 217 of the Constitution of India, France, earphones, Atithi Devo Bhava, Minister of State for Tourism, Mahesh Sharma, Aamir Khan, Land of Yoga, Public Health Foundation of India, Dr. D Prabhakaran, Food Safety and Standards Authority of India, FSSAI, Union Government, Indian Gold Coin, Sovereign Gold Bond Scheme, Gold Monetisation Scheme , GMS, VRF ACs , Blue Star, Pension Fund Regulatory and Development Authority, PFRDA, D Swarup, Union Ministry of Finance , Financial Sector Legislative Reforms Commission, FSLRC, Financial Redress Agency, FRA, Shivalik hills, Satluj, Khalsa, Takht Sri Keshgarh Sahib, Shiromani Gurdwara Parbandhak Committee, Punjab, Shiromani Gurdwara Parbandhak Committee, SGPC, Department of State of USA, Country Reports on Terrorism 2014, Internet and Mobile Association of India, IAMAI, Social Media in India 2014 , Picasso, CB Richard Ellis Group , CBRE, Global Prime Office Occupancy Costs survey, Nariman Point , Bandra-Kurla Complex , Connaught Place , Thorning-Schmidt, Red bloc, Blue bloc, Social Democratic party, Lars Løkke Rasmussen, DenmarkBlue Star, India’s largest central air-conditioning company, on 19 June 2015 launched VRF (variable refrigerant flow) IV Plus air conditioning (AC) system. This is the first-ever locally-developed-and-produced VRF ACs in India. This VRF IV Plus AC system that is powered by inverter-driven compressor was designed after two years of indigenous R&D work. Its development work was spearheaded by a Japanese expert on VRF technology.

This new system of Blue Star will replace its existing VRF products, which were sourced from global manufacturers. A VRF AC system are used to cool large multi-zone spaces like hotels and restaurants, hospitals, educational institutions, residential and official spaces with varying different cooling and heating needs through smart controls.

About Blue Star

Blue Star is India’s largest central air-conditioning company with an annual turnover of 2800 crore rupees. It works with a network of 32 offices, 7 modern manufacturing facilities, over 2000 dealers and around 2500 employees.

16- Union Ministry of Finance constituted a Task Force headed by D Swarup on Financial Redress Agency

Union Ministry of Finance constituted a Task Force headed by D Swarup on Financial Redress Agency,  khichdi, blog, general,knowledge, ias, ips, civil, services, CSAT,pre, ies, general studies, GS, mains, competitive, entrance, bank, PO, IBPS, current, affairs, may, 2015, blog, study, material, CSAT  Current Affairs, 3rd june 2015, 4th June 2015, 5th june 2015, 6th June 2015,7th june 2015, 8th june 2015, 9th june 2015,10th june 2015, 17th june 2015, 18th june 2015, 29th june 2015, 28th june 2015  University of California, Berkeley of United states, Earth, Mass Extinction, Humans, Stanford University, Princeton University, International Union for Conservation of Nature, IUCN, United Nations General Assembly, United Nations General Assembly, UNGA, UNRA, World Refugee Day, Indian School of Business, VMP, Village Mentoring Project, Haryana Government, COSMOS Redshift 7, Cristiano Ronaldo, Leiden Observatory in the Netherlands, University of Lisbon in Portugal, Dr. David Sobral, CR7 galaxy, Mohammad Ashraf Ghani, Afganistan, Japan, Padma Bhushan, Ramchandra Guha, Fukuoka Prize, Jakaya Mrisho Kikwete, Tanzania, Jharkhand Government, Thermocol plates, Suleyman Demirel, Turkey, Delhi High Court, Justice Gian Parkash, Article 217 of the Constitution of India, France, earphones, Atithi Devo Bhava, Minister of State for Tourism, Mahesh Sharma, Aamir Khan, Land of Yoga, Public Health Foundation of India, Dr. D Prabhakaran, Food Safety and Standards Authority of India, FSSAI, Union Government, Indian Gold Coin, Sovereign Gold Bond Scheme, Gold Monetisation Scheme , GMS, VRF ACs , Blue Star, Pension Fund Regulatory and Development Authority, PFRDA, D Swarup, Union Ministry of Finance , Financial Sector Legislative Reforms Commission, FSLRC, Financial Redress Agency, FRA, Shivalik hills, Satluj, Khalsa, Takht Sri Keshgarh Sahib, Shiromani Gurdwara Parbandhak Committee, Punjab, Shiromani Gurdwara Parbandhak Committee, SGPC, Department of State of USA, Country Reports on Terrorism 2014, Internet and Mobile Association of India, IAMAI, Social Media in India 2014 , Picasso, CB Richard Ellis Group , CBRE, Global Prime Office Occupancy Costs survey, Nariman Point , Bandra-Kurla Complex , Connaught Place , Thorning-Schmidt, Red bloc, Blue bloc, Social Democratic party, Lars Løkke Rasmussen, DenmarkUnion Ministry of Finance on 5 June 2015 constituted a Task Force on Financial Redress Agency (FRA). The 10-member task force will be headed by Dhirendra Swarup who served as the first chairman of the Pension Fund Regulatory and Development Authority (PFRDA) in 2004.

The Task Force was set up to begin the preparatory work for FRA that was recommended by the Financial Sector Legislative Reforms Commission (FSLRC). FRA would act as a unified redress agency for financial consumers across the country.

Terms of Reference of the Task Force

  • Review the international best practices in consumer grievance redress, including ombudsman and other dispute resolution mechanisms, with a focus on the financial sector.
  • Review the present practices of management of financial consumer redress in India.
  • Support the Ministry of Finance in procuring the services of competent consultants to operationalise the FRA.
  • To undertake cost-benefit analysis (CBA) of alternatives/options while making recommendations.
  • The expenditure related to Task Force activities would be met from the budget of NIPFP-DEA research programme, which also will provide appropriate research assistance to the Task Force
  • The Task Force will complete its task in one year.

About Financial Redress Agency (FRA)

FRA was envisaged in the draft Indian Financial Code (IFC) and was recommended by the FSLRC. It would act as the first forum of independent grievance redress which a financial consumer can access. It will entertain grievance against all financial service providers. It would also handle a large number of relatively low value complaints on a pan-India basis and run a large scale, customer-centric process to deliver efficient and effective outcomes.

17- 350th foundation day of Shri Anandpur Sahib celebrated 

350th foundation day of Shri Anandpur Sahib celebrated,  khichdi, blog, general,knowledge, ias, ips, civil, services, CSAT,pre, ies, general studies, GS, mains, competitive, entrance, bank, PO, IBPS, current, affairs, may, 2015, blog, study, material, CSAT  Current Affairs, 3rd june 2015, 4th June 2015, 5th june 2015, 6th June 2015,7th june 2015, 8th june 2015, 9th june 2015,10th june 2015, 17th june 2015, 18th june 2015, 29th june 2015, 28th june 2015  University of California, Berkeley of United states, Earth, Mass Extinction, Humans, Stanford University, Princeton University, International Union for Conservation of Nature, IUCN, United Nations General Assembly, United Nations General Assembly, UNGA, UNRA, World Refugee Day, Indian School of Business, VMP, Village Mentoring Project, Haryana Government, COSMOS Redshift 7, Cristiano Ronaldo, Leiden Observatory in the Netherlands, University of Lisbon in Portugal, Dr. David Sobral, CR7 galaxy, Mohammad Ashraf Ghani, Afganistan, Japan, Padma Bhushan, Ramchandra Guha, Fukuoka Prize, Jakaya Mrisho Kikwete, Tanzania, Jharkhand Government, Thermocol plates, Suleyman Demirel, Turkey, Delhi High Court, Justice Gian Parkash, Article 217 of the Constitution of India, France, earphones, Atithi Devo Bhava, Minister of State for Tourism, Mahesh Sharma, Aamir Khan, Land of Yoga, Public Health Foundation of India, Dr. D Prabhakaran, Food Safety and Standards Authority of India, FSSAI, Union Government, Indian Gold Coin, Sovereign Gold Bond Scheme, Gold Monetisation Scheme , GMS, VRF ACs , Blue Star, Pension Fund Regulatory and Development Authority, PFRDA, D Swarup, Union Ministry of Finance , Financial Sector Legislative Reforms Commission, FSLRC, Financial Redress Agency, FRA, Shivalik hills, Satluj, Khalsa, Takht Sri Keshgarh Sahib, Shiromani Gurdwara Parbandhak Committee, Punjab, Shiromani Gurdwara Parbandhak Committee, SGPC, Department of State of USA, Country Reports on Terrorism 2014, Internet and Mobile Association of India, IAMAI, Social Media in India 2014 , Picasso, CB Richard Ellis Group , CBRE, Global Prime Office Occupancy Costs survey, Nariman Point , Bandra-Kurla Complex , Connaught Place , Thorning-Schmidt, Red bloc, Blue bloc, Social Democratic party, Lars Løkke Rasmussen, DenmarkShiromani Gurdwara Parbandhak Committee (SGPC) celebrated the 350th foundation day of Shri Anandpur Sahib from 17 June to 19 June 2015 at Takht Sri Kesgarh Sahib located in Anandpur Sahib in Punjab. The holy city was founded by the 9th Guru of the Sikhs, Guru Tegh Bahadur in 1665.

Takht Sri Keshgarh Sahib situated amid Shivalik hills on the bank of River Satluj is the birthplace of the Khalsa. It is the place that commemorates the miracle of ‘celebrating the scum of humanity’ and a wonder of the divine and transcendent guru-disciple matrix.

Guru Teg Bahadar was father of Guru Gobind Singh Ji, who was the 10th Guru of Sikhs. Later, Guru Gobind Singh in 1699 created Khalsa Panth.  Anandpur Sahib is the new name of Chak Nanki, the name designated by Guru Tegh Bahadur after he purchased land of Makhowal.

18- Department of State of USA released Country Reports on Terrorism 2014

Department of State of USA released Country Reports on Terrorism 2014,  khichdi, blog, general,knowledge, ias, ips, civil, services, CSAT,pre, ies, general studies, GS, mains, competitive, entrance, bank, PO, IBPS, current, affairs, may, 2015, blog, study, material, CSAT  Current Affairs, 3rd june 2015, 4th June 2015, 5th june 2015, 6th June 2015,7th june 2015, 8th june 2015, 9th june 2015,10th june 2015, 17th june 2015, 18th june 2015, 29th june 2015, 28th june 2015  University of California, Berkeley of United states, Earth, Mass Extinction, Humans, Stanford University, Princeton University, International Union for Conservation of Nature, IUCN, United Nations General Assembly, United Nations General Assembly, UNGA, UNRA, World Refugee Day, Indian School of Business, VMP, Village Mentoring Project, Haryana Government, COSMOS Redshift 7, Cristiano Ronaldo, Leiden Observatory in the Netherlands, University of Lisbon in Portugal, Dr. David Sobral, CR7 galaxy, Mohammad Ashraf Ghani, Afganistan, Japan, Padma Bhushan, Ramchandra Guha, Fukuoka Prize, Jakaya Mrisho Kikwete, Tanzania, Jharkhand Government, Thermocol plates, Suleyman Demirel, Turkey, Delhi High Court, Justice Gian Parkash, Article 217 of the Constitution of India, France, earphones, Atithi Devo Bhava, Minister of State for Tourism, Mahesh Sharma, Aamir Khan, Land of Yoga, Public Health Foundation of India, Dr. D Prabhakaran, Food Safety and Standards Authority of India, FSSAI, Union Government, Indian Gold Coin, Sovereign Gold Bond Scheme, Gold Monetisation Scheme , GMS, VRF ACs , Blue Star, Pension Fund Regulatory and Development Authority, PFRDA, D Swarup, Union Ministry of Finance , Financial Sector Legislative Reforms Commission, FSLRC, Financial Redress Agency, FRA, Shivalik hills, Satluj, Khalsa, Takht Sri Keshgarh Sahib, Shiromani Gurdwara Parbandhak Committee, Punjab, Shiromani Gurdwara Parbandhak Committee, SGPC, Department of State of USA, Country Reports on Terrorism 2014, Internet and Mobile Association of India, IAMAI, Social Media in India 2014 , Picasso, CB Richard Ellis Group , CBRE, Global Prime Office Occupancy Costs survey, Nariman Point , Bandra-Kurla Complex , Connaught Place , Thorning-Schmidt, Red bloc, Blue bloc, Social Democratic party, Lars Løkke Rasmussen, DenmarkThe Department of State of USA on 19 June 2015 released a report titled Country Reports on Terrorism 2014. The report delineated violence caused by terrorist activities across the world during 2014.

According to the report, in 2014, nearly 33000 people were killed in almost 13500 terrorist attacks around the world. That’s up from just over 18000 deaths in nearly 10000 attacks in 2013.

Main highlights of the report

  • Rise in attacks in 2014 were due to increased terror activity in Iraq, Afghanistan and Nigeria.
  • Attacks were largely at the hands of the Islamic State of Iraq and the Levant (ISIL) group.
  • Boko Haram, militant group based in Nigeria, raised the number of terror acts by more than a third, nearly doubled the number of deaths and nearly tripled the number of kidnappings.
  • There were 20 attacks that killed more than 100 people each in 2014, compared to just two in 2013.
  • Among the 20 mass casualty attacks in 2014 were the December attack by the Pakistani Taliban on a school in Peshawar that killed at least 150 people, and the June attack by ISIL fighters on a prison in Mosul, Iraq, in which 670 Shia prisoners died.
  • Terror attacks took place in 95 countries in 2014, but were concentrated in the Middle East, South Asia, and West Africa.
  • Iraq, Pakistan, Afghanistan, India, and Nigeria accounted for more than 60 percent of the attacks and, if Syria is included, they accounted for 80 percent of the fatalities.
  • There has been rise in the number of so-called lone wolf attacks in the West and the use of more extreme methods of violence by fighters to repress and frighten communities under their control.

Report with respect to India

  • India continued to be a major target for a range of terrorist groups; in 2014, around 400 people were killed as a result of terrorist attacks in India.
  • Ineffective implementation of anti-money laundering (AML) and counterterrorist financing (CFT) laws, especially with regard to criminal convictions.
  • India is restricting its enforcement of anti-hawala prosecutions to non-financial businesses only.
  • United States investigators have had limited success in coordinating the seizure of illegal proceeds with their Indian counterparts.

19- IAMAI released Social Media in India 2014 report

IAMAI released Social Media in India 2014 report,  khichdi, blog, general,knowledge, ias, ips, civil, services, CSAT,pre, ies, general studies, GS, mains, competitive, entrance, bank, PO, IBPS, current, affairs, may, 2015, blog, study, material, CSAT  Current Affairs, 3rd june 2015, 4th June 2015, 5th june 2015, 6th June 2015,7th june 2015, 8th june 2015, 9th june 2015,10th june 2015, 17th june 2015, 18th june 2015, 29th june 2015, 28th june 2015  University of California, Berkeley of United states, Earth, Mass Extinction, Humans, Stanford University, Princeton University, International Union for Conservation of Nature, IUCN, United Nations General Assembly, United Nations General Assembly, UNGA, UNRA, World Refugee Day, Indian School of Business, VMP, Village Mentoring Project, Haryana Government, COSMOS Redshift 7, Cristiano Ronaldo, Leiden Observatory in the Netherlands, University of Lisbon in Portugal, Dr. David Sobral, CR7 galaxy, Mohammad Ashraf Ghani, Afganistan, Japan, Padma Bhushan, Ramchandra Guha, Fukuoka Prize, Jakaya Mrisho Kikwete, Tanzania, Jharkhand Government, Thermocol plates, Suleyman Demirel, Turkey, Delhi High Court, Justice Gian Parkash, Article 217 of the Constitution of India, France, earphones, Atithi Devo Bhava, Minister of State for Tourism, Mahesh Sharma, Aamir Khan, Land of Yoga, Public Health Foundation of India, Dr. D Prabhakaran, Food Safety and Standards Authority of India, FSSAI, Union Government, Indian Gold Coin, Sovereign Gold Bond Scheme, Gold Monetisation Scheme , GMS, VRF ACs , Blue Star, Pension Fund Regulatory and Development Authority, PFRDA, D Swarup, Union Ministry of Finance , Financial Sector Legislative Reforms Commission, FSLRC, Financial Redress Agency, FRA, Shivalik hills, Satluj, Khalsa, Takht Sri Keshgarh Sahib, Shiromani Gurdwara Parbandhak Committee, Punjab, Shiromani Gurdwara Parbandhak Committee, SGPC, Department of State of USA, Country Reports on Terrorism 2014, Internet and Mobile Association of India, IAMAI, Social Media in India 2014 , Picasso, CB Richard Ellis Group , CBRE, Global Prime Office Occupancy Costs survey, Nariman Point , Bandra-Kurla Complex , Connaught Place , Thorning-Schmidt, Red bloc, Blue bloc, Social Democratic party, Lars Løkke Rasmussen, DenmarkThe Internet and Mobile Association of India (IAMAI) in collaboration with IMRB International on 17 June 2015 released the Social Media in India 2014 report. The report analysed the trends in using social media across the country between March 2014 and April 2015.

Highlights of Social Media in India 2014 report

  • There are 143 million social media users in India as on April 2015.
  • For many people accessing the Internet for the first time, social media was the reason they embraced Internet.
  • Usage of social media in rural India has grown by an impressive 100 percent to reach 25 million users during April 2014 and March 2015.
  • Urban India registered a relatively lower growth of 35 percent with the total number of users at 118 million as on April 2015.
  • The top 4 metros continue to account for almost half of the social media users in urban India.
  • College going students and young men still form the 60 percent of the social media users in urban India.
  • Facebook was leading social media website with 96 per cent of users in urban areas accessing it, followed by Google Plus (61 per cent), Twitter (43 per cent) and LinkedIn (24 per cent).
  • The largest segment accessing social media consists of the college going students with 34 percent followed by young men at 27 percent.
  • School going children constitute 12 percent of the social media users.
  • 61 percent of users access social media on their mobile device.
  • Maintaining a profile on social networking sites are a top activity of users followed by updating status.
  • Commenting on a blog site is the third most popular activity among users in social networking sites.

20- Ricoh India Ltd. launched Picasso for improved access to medical images

Ricoh India Ltd. launched Picasso for improved access to medical images,  khichdi, blog, general,knowledge, ias, ips, civil, services, CSAT,pre, ies, general studies, GS, mains, competitive, entrance, bank, PO, IBPS, current, affairs, may, 2015, blog, study, material, CSAT  Current Affairs, 3rd june 2015, 4th June 2015, 5th june 2015, 6th June 2015,7th june 2015, 8th june 2015, 9th june 2015,10th june 2015, 17th june 2015, 18th june 2015, 29th june 2015, 28th june 2015  University of California, Berkeley of United states, Earth, Mass Extinction, Humans, Stanford University, Princeton University, International Union for Conservation of Nature, IUCN, United Nations General Assembly, United Nations General Assembly, UNGA, UNRA, World Refugee Day, Indian School of Business, VMP, Village Mentoring Project, Haryana Government, COSMOS Redshift 7, Cristiano Ronaldo, Leiden Observatory in the Netherlands, University of Lisbon in Portugal, Dr. David Sobral, CR7 galaxy, Mohammad Ashraf Ghani, Afganistan, Japan, Padma Bhushan, Ramchandra Guha, Fukuoka Prize, Jakaya Mrisho Kikwete, Tanzania, Jharkhand Government, Thermocol plates, Suleyman Demirel, Turkey, Delhi High Court, Justice Gian Parkash, Article 217 of the Constitution of India, France, earphones, Atithi Devo Bhava, Minister of State for Tourism, Mahesh Sharma, Aamir Khan, Land of Yoga, Public Health Foundation of India, Dr. D Prabhakaran, Food Safety and Standards Authority of India, FSSAI, Union Government, Indian Gold Coin, Sovereign Gold Bond Scheme, Gold Monetisation Scheme , GMS, VRF ACs , Blue Star, Pension Fund Regulatory and Development Authority, PFRDA, D Swarup, Union Ministry of Finance , Financial Sector Legislative Reforms Commission, FSLRC, Financial Redress Agency, FRA, Shivalik hills, Satluj, Khalsa, Takht Sri Keshgarh Sahib, Shiromani Gurdwara Parbandhak Committee, Punjab, Shiromani Gurdwara Parbandhak Committee, SGPC, Department of State of USA, Country Reports on Terrorism 2014, Internet and Mobile Association of India, IAMAI, Social Media in India 2014 , Picasso, CB Richard Ellis Group , CBRE, Global Prime Office Occupancy Costs survey, Nariman Point , Bandra-Kurla Complex , Connaught Place , Thorning-Schmidt, Red bloc, Blue bloc, Social Democratic party, Lars Løkke Rasmussen, DenmarkRicoh India Ltd. on 18 June 2015 launched Picasso solution in Hyderabad. It is combination of healthcare and information technology and based on the Ricoh cloud.

Features of Picasso

  • It provides anytime anywhere access to medical images to doctors, diagnostic centres and patients on mobile phones, laptops and tablets.
  • It is a web-based, cloud-enabled solution to help improve access to medical images and user efficiency.
  • It is based upon PACS (picture archival and communication system) solution.
  • It is a subscription-based model targeted primarily at diagnostic centres and hospitals in the country.
  • It use will reduce the turnaround time, minimise cost of clinical imaging (make printed imaging redundant), optimise image compression and provide remote access to doctors.
  • It can be integrated with any existing hospital information system or radiology information system to ensure consolidated patient data.

Ricoh India Ltd is a part of the 18.5 billion US dollars Tokyo-headquartered Ricoh Group.

21- CBRE Research released Global Prime Office Occupancy Costs survey

CBRE Research released Global Prime Office Occupancy Costs survey,  khichdi, blog, general,knowledge, ias, ips, civil, services, CSAT,pre, ies, general studies, GS, mains, competitive, entrance, bank, PO, IBPS, current, affairs, may, 2015, blog, study, material, CSAT  Current Affairs, 3rd june 2015, 4th June 2015, 5th june 2015, 6th June 2015,7th june 2015, 8th june 2015, 9th june 2015,10th june 2015, 17th june 2015, 18th june 2015, 29th june 2015, 28th june 2015  University of California, Berkeley of United states, Earth, Mass Extinction, Humans, Stanford University, Princeton University, International Union for Conservation of Nature, IUCN, United Nations General Assembly, United Nations General Assembly, UNGA, UNRA, World Refugee Day, Indian School of Business, VMP, Village Mentoring Project, Haryana Government, COSMOS Redshift 7, Cristiano Ronaldo, Leiden Observatory in the Netherlands, University of Lisbon in Portugal, Dr. David Sobral, CR7 galaxy, Mohammad Ashraf Ghani, Afganistan, Japan, Padma Bhushan, Ramchandra Guha, Fukuoka Prize, Jakaya Mrisho Kikwete, Tanzania, Jharkhand Government, Thermocol plates, Suleyman Demirel, Turkey, Delhi High Court, Justice Gian Parkash, Article 217 of the Constitution of India, France, earphones, Atithi Devo Bhava, Minister of State for Tourism, Mahesh Sharma, Aamir Khan, Land of Yoga, Public Health Foundation of India, Dr. D Prabhakaran, Food Safety and Standards Authority of India, FSSAI, Union Government, Indian Gold Coin, Sovereign Gold Bond Scheme, Gold Monetisation Scheme , GMS, VRF ACs , Blue Star, Pension Fund Regulatory and Development Authority, PFRDA, D Swarup, Union Ministry of Finance , Financial Sector Legislative Reforms Commission, FSLRC, Financial Redress Agency, FRA, Shivalik hills, Satluj, Khalsa, Takht Sri Keshgarh Sahib, Shiromani Gurdwara Parbandhak Committee, Punjab, Shiromani Gurdwara Parbandhak Committee, SGPC, Department of State of USA, Country Reports on Terrorism 2014, Internet and Mobile Association of India, IAMAI, Social Media in India 2014 , Picasso, CB Richard Ellis Group , CBRE, Global Prime Office Occupancy Costs survey, Nariman Point , Bandra-Kurla Complex , Connaught Place , Thorning-Schmidt, Red bloc, Blue bloc, Social Democratic party, Lars Løkke Rasmussen, DenmarkThe CB Richard Ellis Group (CBRE) Research on 18 June 2015 released the Global Prime Office Occupancy Costs survey. CBRE is an American commercial real estate company based in Seattle. The survey listed out top 50 expensive office market spaces by surveying 127 markets around the globe.

In the survey, while London’s West End continued to be the world’s highest-priced office market, Connaught Place (CP) –Central Business District (CBD) in New Delhi was the fifth costliest office market in the world. The cost of office space represents office rents and occupancy costs that include rent, plus local taxes and service charges per square feet per year as of 31 March 2015.

Highlights of Global Prime Office Occupancy Costs survey

  • London West End’s overall prime occupancy costs of 267 US dollars per sq. ft. per year topped the most expensive list.
  • Hong Kong (Central) followed with total prime occupancy costs of 254 US dollars per sq. ft., Beijing (Finance Street) (196 US dollars per sq. ft.), Beijing (Central Business District (CBD)) (188 US dollars per sq. ft.) and New Delhi(Connaught Place –CBD) (157 US dollars per sq. ft.) rounded out the top five.
  • Hong Kong (Central) remained the only market in the world—other than London’s West End—with a prime occupancy cost exceeding 200 US dollars per sq. ft per year.
  • Of the top 50 most expensive markets, 19 were in EMEA, 20 were in Asia Pacific and 11 were in the Americas.
  • Global prime office occupancy costs rose 2.0 percent year-over-year, with the Americas up 2.9 percent, Europe Middle East & Africa (EMEA) rising 1.5 percent and Asia Pacific up 1.4 percent. The report said the change in prime office occupancy costs mirrored the gradual recovery of the global economy.
  • Asia dominated the list accounting for four of the top five markets
  • Asia Pacific had 20 markets ranked in the top 50 most expensive, including six of the top 10—Hong Kong (Central), Beijing (Finance Street), Beijing (CBD), New Delhi (Connaught Place – CBD), Hong Kong (West Kowloon) and Tokyo (Marunouchi Otemachi).

Indian cities in the Survey

  • Connaught Place (CP) –Central Business District (CBD) in New Delhi was the fifth costliest office market in the world.
  • CP-CBD moved up a spot in the rankings due to rupee depreciation when compared to the previous list of semiannual survey.
  • Bandra-Kurla Complex (BKC), the alternative business district in Mumbai, was at the 15th position with a cost of 102 US dollars per sq. ft per annum) and Mumbai’s CBD of Nariman Point (76 US dollars per sq. ft per annum) was at 30th position.

22- Blue Opposition Bloc led by Lars Loekke Rasmussen won Denmark’s Parliamentary Elections

Blue Opposition Bloc led by Lars Loekke Rasmussen won Denmark’s Parliamentary Elections,  khichdi, blog, general,knowledge, ias, ips, civil, services, CSAT,pre, ies, general studies, GS, mains, competitive, entrance, bank, PO, IBPS, current, affairs, may, 2015, blog, study, material, CSAT  Current Affairs, 3rd june 2015, 4th June 2015, 5th june 2015, 6th June 2015,7th june 2015, 8th june 2015, 9th june 2015,10th june 2015, 17th june 2015, 18th june 2015, 29th june 2015, 28th june 2015  University of California, Berkeley of United states, Earth, Mass Extinction, Humans, Stanford University, Princeton University, International Union for Conservation of Nature, IUCN, United Nations General Assembly, United Nations General Assembly, UNGA, UNRA, World Refugee Day, Indian School of Business, VMP, Village Mentoring Project, Haryana Government, COSMOS Redshift 7, Cristiano Ronaldo, Leiden Observatory in the Netherlands, University of Lisbon in Portugal, Dr. David Sobral, CR7 galaxy, Mohammad Ashraf Ghani, Afganistan, Japan, Padma Bhushan, Ramchandra Guha, Fukuoka Prize, Jakaya Mrisho Kikwete, Tanzania, Jharkhand Government, Thermocol plates, Suleyman Demirel, Turkey, Delhi High Court, Justice Gian Parkash, Article 217 of the Constitution of India, France, earphones, Atithi Devo Bhava, Minister of State for Tourism, Mahesh Sharma, Aamir Khan, Land of Yoga, Public Health Foundation of India, Dr. D Prabhakaran, Food Safety and Standards Authority of India, FSSAI, Union Government, Indian Gold Coin, Sovereign Gold Bond Scheme, Gold Monetisation Scheme , GMS, VRF ACs , Blue Star, Pension Fund Regulatory and Development Authority, PFRDA, D Swarup, Union Ministry of Finance , Financial Sector Legislative Reforms Commission, FSLRC, Financial Redress Agency, FRA, Shivalik hills, Satluj, Khalsa, Takht Sri Keshgarh Sahib, Shiromani Gurdwara Parbandhak Committee, Punjab, Shiromani Gurdwara Parbandhak Committee, SGPC, Department of State of USA, Country Reports on Terrorism 2014, Internet and Mobile Association of India, IAMAI, Social Media in India 2014 , Picasso, CB Richard Ellis Group , CBRE, Global Prime Office Occupancy Costs survey, Nariman Point , Bandra-Kurla Complex , Connaught Place , Thorning-Schmidt, Red bloc, Blue bloc, Social Democratic party, Lars Løkke Rasmussen, DenmarkBlue Opposition Bloc led by Lars Loekke Rasmussen of right-wing Venstre party on 19 June 2015 won the parliamentary elections of Denmark. Blue opposition bloc, also called Centre-Right coalition, won 90 seats in the 179-member parliament.

Red Bloc or Centre-Left ruling coalition led by incumbent Prime Minister Helle Thorning-Schmidt of Social Democratic Party won 85 seats. Thorning-Schmidt, the first woman Prime Minister of Denmark, conceding defeat quit as the head of Social Democrat Party.

The final results are as follows:

Red bloc

  • The Social Democrats – 47
  • Radikale, the Danish Social Liberal party – 8
  • Socialist People’s party – 7
  • Red-Green Alliance – 14
  • The Alternative –9

Blue bloc

  • Venstre – 34
  • Danish People’s party – 37
  • The Liberal Alliance – 13
  • The Conservative People’s party – 6

Former Prime Minister Lars Løkke Rasmussen is set to become Denmark’s next Prime Minister. He took over as the country’s youngest-ever prime minister in 2009 but was ousted by the leftist coalition in 2011 after voters rejected his government’s austerity policies.

Comment

Although incumbent prime minister’s Social Democratic party is still the single largest party but right-wing, anti-immigrant Danish People’s Party of Blue bloc emerged as the biggest force in 2015 elections. It won over 21 percent of the vote to become the second largest party in parliament.

The decision to call early elections by incumbent PM Thorning-Schmidt in a hope to capitalize on an economic recovery boomeranged. On the other hand, Danish People’s Party win means a tougher immigration laws.

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