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Jun 15, 2017

[CA] News - June 15, 2017

Around INDIA
# Ministry of Health and Family Welfare has launched the Intensified Diarrhea Control Fortnight (IDCF) in order to intensify efforts to reduce child deaths due to diarrhoea
# Ministry of Textiles will subsidise the education of all weavers enrolled in the NIOS (National Institute of Open Schooling), an autonomous institution under the Ministry of Human Resource Development
# NITI Aayog developed Composite Water Management Index to assess states on their efficient management of water resources
# Union Cabinet has approved the Interest Subvention Scheme (ISS) for farmers for the year 2017-18. This will help farmers getting short term crop loan up to Rs. 3 lakh payable within one year at only 4% per annum. The Government has earmarked a sum of Rs. 20,339 crore for this purpose.
# Union Cabinet has given its ex-post facto approval to the Memorandum of Understanding (MoU) between Ministry of Agriculture & Farmers’ Welfare and the Ministry of Agriculture in the State of Palestine on agriculture cooperation.
# Union Cabinet has approved the proposal to introduce a Financial Resolution and Deposit Insurance Bill, 2017. The Bill would provide for a comprehensive resolution framework for specified financial sector entities to deal with bankruptcy situation in banks, insurance companies and financial sector entities.
# Union Cabinet was apprised about an Memorandum of Understanding which has already been signed between India and Armenia for cooperation on youth matters.
# Union Cabinet was apprised about an Memorandum of Understanding which has already been signed between India and Bangladesh for promoting cooperation in the field of Information Technology and Electronics (IT&E).
TAMIL NADU
# Opposition Leader, Mr. M. K. Stalin calls for dissolution of the government
# Commercial Taxes Minister, Mr. K. C. Veeramani introduced the S-GST Bill, 2017 in the Assembly
# State Government made a submission before the High Court that, the State is not in favour of Navodaya schools as the schools will lead to imposition of Sanskrit on Tamil Students
STATES SCAN
# Kerala: Prime Minister, Mr. Narendra Modi to inaugurate the Kochi Metro on June 17
BILATERAL ISSUES
# Union Minister for Finance, Mr. Arun Jaitley co-chaired the Fifth India-Korea Financial Dialogue with the newly-appointed Deputy Prime Minister and the Finance Minister of the Republic of Korea, Mr. Kim Dong-yeon in Seoul, South Korea; Two Ministers witnessed the Signing of Agreements to establish US$ 9 billion in concessional credit and US$ 1 bn in ODA funding for infrastructure development projects in India.
WORLD
# Bangladesh: death toll rises to 144 in landslide
# France and UK announced action plan to stop terror propaganda on internet
# Ireland: Indian – origin, Mr. Leo Varadkar becomes Prime Minister; youngest Prime Minister in the country (38 years); he is of gay sexuality
# Saudi Arabia: Saudi King asked Pakistan Prime Minister, Mr. Nawaz Sharif, "Are you with us or with Qatar?"
# UK: at least 12 persons have dead and 64 injured following a devastating fire at Grenfell Tower, a 24-storey residential block in West London
# World Summit on Information Society, WSIS Forum-2017 held at Geneva
ECONOMICS
# Aviation Ministry asked the Finance Ministry to put off GST rollout to Sept 01
# Competition Commission of India (CCI) has imposed a penalty of Rs.87 cr on Hyundai Motor India Limited (HMIL) for "anti-competitive conduct"
# IOC, BPCL and HPCL to jointly set up the world’s largest refinery & petrochemical complex at Ratnagiri district of Maharashtra at a cost of 40 billion US$
SPORTS
# Pakistan enters final of the Champions Trophy 2017 by defeating England
# China likely to host FIFA World Cup either in 2030 or 2034
MISC
# A sudden change in the colour (changed from blue to milky turquoise) of the Bosphorus Strait that divides the Continents of Asia and Europe in Turkey's largest city Istanbul has surprised many, with scientists putting it down to a surge in a species of plankton across the Black Sea
# Ms. Gaitri Issar Kumar is appointed as India's ambassador to Europen Union (EU) and also the ambassador to Belgium


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