[CA] News - June 03, 2017

Around INDIA

# About 31% of the world’s “multidimensionally poor” children live in India: Oxford Poverty and Human Development Initiative (OPHI)

# India’s “Fat Boy” rocket (GSLV – Mk III) to be launched on June 05; India eyes slot in 4 – tone club of developed nations (USA, Russia, China, Japan and Europe)

# India reiterated its commitment to the Paris Climate agreement

# India successfully test –fired its indigenously developed nuclear capable Prithvi – II missile from Dr. APJ Abdul Kalam Island, Odisha

# Indian Naval Mountaineering team comprising eleven summiteers (9 on Mt Everest & 2 on Lhotse) have successfully unfurled National flag and Naval Ensign atop highest point on earth i.e. Mt. Everest

# Shashi Shekar Vempati has been appointed as the Chief Executive Officer (CEO) of Prasar Bharati

# Union Home Minister, Mr. Rajnath Singh said that government officials should use “simple Hindi” to encourage the spread of language among the masses

TAMIL NADU

# Veteran Tamil poet S. Abdul Rahman popularly known as “Kavikko” passed away

# Former Chief Minister and DMK President, Mr. M. Karunanidhi turns 94 today

STATES SCAN

# Delhi: Delhi University is opening its doors to acid attack victims under the “Persons with Disability” quota, and they can now enter undergraduate and post – graduate courses. The new norms increase the reservation for PwD category candidates to 5% from the existing 3%

# Jammu & Kashmir: schools and colleges to remain shut; will be reopened in phases to avoid any “untoward situation”

# Manipur: Government set up an inquiry committee (headed by Pramod Astana) to look into the recent series of blasts and killing of a women at Moreph

# Telangana: CAG said that, the growth rate for the State for 2016 – 17 is pitched at 17.82% (highest in the country)

BILATERAL ISSUES

# Prime Minister, Mr. Narendra Modi met and interacted with sixteen Governors of various provinces of Russia.

# St. Petersburg International Economic Forum (SPIEF)

- Theme: "Achieving a New Balance on the Global Stage"

- Guest Country: India

- Guest of Honour: Prime Minister, Mr. Narendra Modi

WORLD

# USA: President, Mr.  Donald Trump said that U. S. has stopped implementation of its commitments under the Paris Climate agreement signed by 195 countries in 2015

- He said that the Paris agreement would undermine American economy, hamstring American workers and weaken American sovereignty; he also said that, the Paris Agreement gives undue advantages to India and China, which are the world’s leading polluters

- President’s remark about India in justification of his decision to withdraw from Paris Climate agreement is unfair and they leave bilateral ties at the government – to government level in a limbo: former Assistant Secretary of State Nisha Biswal

ECONOMICS

# Union Finance Minister, Mr. Arun Jaitley launched a common landing webpage of the Ministry of Finance, www.finmin.nic.in – which provides a single point access to all the websites of the five different Departments under the Ministry. The Finance Minister also launched the new website of the Department of Expenditure, Ministry of Finance i.e. www.doe.gov.in

# SEBI has formed a committee under the Chairmanship of Uday Kotak to advise on the corporate governance issues

MISC

# Indian origin Ananya Vinay won the US Spelling Bee

- In the finals, she correctly spelled the word “marocain”, meaning a type of dress fabric of ribbed crepe

- 13th consecutive topper with Indian heritage

- Second placer also Indian – origin, named Rohan Rajeev who struggled to spell the word “marram”, meaning a beach grass