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Current Affairs 1 Current Affairs - Level Level INTERNATIONAL EUROPE LOSES BRITISH UNION Britain on June 24 has voted to leave the European Union, forcing the resignation of Prime Minister David Cameron and dealing the biggest blow to the European project for greater unity since World War II. Results from a referendum showed a 52-48 per cent victory for the campaign to leave a bloc Britain joined more than 40 years ago. The decision could hit investment in the world's fifth-largest economy, threaten London's role as a global financial capital and usher in months of political uncertainty. The United Kingdom itself could now break apart, with the leader of Scotland—where nearly two-thirds of voters wanted to stay in the EU—saying a new referendum on independence from the rest of Britain was "highly likely”. WHAT IT MEANS FOR INDIA ::: Weaker pound will reduce burden on those with children studying in UK, but this may be partially offset by a rise in cost of living. Travel to UK may get cheaper. Govt sees no medium or long-term impact on Indian economy. Uncertainty for Indian investors—India is UK's 3rd largest foreign investor. Its biggest employer, the Tata Group, lost `30,000 cr in market cap on June 24. WORLD'S LONGEST, DEEPEST RAIL TUNNEL Swiss authorities on- June 1 inaugurated the world's longest and deepest railway tunnel—Gotthard Rail Tunnel, which runs between the Swiss town of Erstfeld in the north and Italian-speaking Bodio in the south, under the Alps to ease trade and congestion in European trade and travel. The 57- kilometre Gotthard Base Tunnel (GBT) was carried out over 17 years at a cost of $12 billion. Many tunnels crisscross the Swiss Alps, and Gotthard Pass already has two—the first, also for trains, was built in 1882. But the Gotthard Base Tunnel is a record-setter: It eclipses Japan's 53.8-kilometre Seikan Tunnel as the world's longest and bores deeper than any other tunnel, running about 2.3 kilometres underground at its maximum depth. Once it opens for commercial service in December, the two-way tunnel will take up to 260 freight trains and 65 passenger trains per day. Swiss prez Schneider-Ammann, German Chancellor Angela Merkel, French President Francois Hollande and Italian PM Matteo Renzi were among the passengers on the first inaugural train. The design for a rail tunnel under the Gotthard Pass was first sketched by Swiss engineer Carl Eduard Gruner in 1947. NEWS IN BRIEF HILLARY MAKES HISTORY WITH DEM PREZ TICKET: Hillary Clinton on June 7 made history winning the US presidential nomination in 2016, becoming the first woman to run for the White House. Hillary bagged 1,812 elected (pledged) delegates and 571 superdelegates, for 2,383 delegates, the number needed to win the nomination. SWEDEN TESTS FIRST ELECTRIC ROAD: Sweden inaugurated a test stretch of an electric road on June 22, making it one of the first countries in the world to conduct tests with electricity for heavy transport on public roads. Electric roads will bring Sweden one step closer to fossil fuel- free transports, and has the potential to achieve zero carbon dioxide emissions. EXPANDED PANAMA CANAL IS NOW OPEN: Expanded Panama canal was opened on June 26 for traffic. The U.S. and China are the two most frequent canal users. Its expansion is expected to greatly benefit commercial traffic between North America and Asia. Website: www.racevarsity.com | Blog: racepvtltdsurat.blogspot.in | facebook/rachnasurat 1 1 Current Affairs - Level Level NATIONAL NATIONAL DISASTER MANAGEMENT PLAN Prime Minister Narendra Modi on June 1 released the National Disaster Management Plan (NDMP), a first such plan in the country. The NDMP has been aligned broadly with the goals and priorities set out in the Sendai Framework for Disaster Risk Reduction, The aim is to achieve substantial disaster risk reduction and significantly decrease the losses of life, livelihoods and assets—economic, physical, social, cultural and environmental—by maximising the ability to cope with disasters at all levels of administration as well as among communities. According to the plan document, for each hazard, the approach should focus on the four priorities enunciated in the Sendai\Framework while planning the framework for Disaster Risk Reduction. The Sendai Framework is a 15-year, voluntary, nonbinding agreement among nations, which recognizes that the state has the primary role to reduce disaster. LOW-FARE AVIATION POLICY In a major push for aviation reforms, the Union Cabinet on June 15 gave the go-ahead to India's first- ever civil aviation policy since Independence, that provides for fares to be capped at `2,500 per hour under a new Regional Connectivity Scheme (RCS) between a served airport (where flights operate) and an unserved airport (in small towns with no air connectivity recently), while tweaking the rules for domestic airlines to fly abroad. Tax sops are also being given to airline operators for RCS. In another move, the government abolished the contentious "5/20" rule to fly abroad, under which airlines needed to have at least 20 aircraft and five years of domestic flying experience to be allowed to fly overseas, replacing it with a "0/20" rule, with the time-limit eligibility for overseas operations abolished, but an airline must have at least 20 aircraft that fly domestically before the 21st aircraft it buys or already has can fly abroad. This Policy gives an impetus to affordability, regional connectivity, safety, infrastructure, which is vital for transforming India. The government wants the number of air tickets sold annually rising from 80 million to 300 million by 2022. The Centre has set a precondition for states that if they want to avail of RCS, they must lower VAT on aviation turbine fuel (ATF) to one per cent or less. It hopes to roll out RCS in the second quarter of the financial year. NEW FLIGHT PATH: Regional connectivity via 50-80 no-frills airports based on lower levies/concessions A small levy on passengers flying from top 18 airports Open skies policy for SAARC region & countries beyond 5,000 km from Delhi. THE LONG-HAUL DESTINATION: India to become third largest aviation market in six years, from ninth currently. Domestic ticketing projected to rise 3,75 times to 30 crore from 8 crore • Fifty new airports handling scheduled commercial flights in addition to the current 77 by 2019. NEWS IN BRIEF NGT ALLOWS DIESEL VEHICLES FOR SEWERS: The National Green Tribunal (NGT) has directed the Delhi government to register two new diesel vehicles, conforming to BS-IV norms, for the maintenance of the sewer system. INDIA-BANGLADESH WATERWAYS TRANSIT: The India-Bangladesh waterways transit, carrying goods from Kolkata, was inaugurated on June 16 in Dhaka. The opening is part of the Indo-Bangladesh. Protocol on Inland Water Transit and Trade signed by the Prime Ministers of the two nations last year. The transit would reduce the transportation cost substantially to carry goods from rest of the India to country's north-east as the distance reduces from about 1,700 km via Siliguri in north Bengal to about 500 km via Bangladesh. CENTRAL DOCTORS TO RETIRE AT 65: The Cabinet on June 15 cleared the Union Health Ministry's proposal to raise the age of retirement of Centra) government doctors and non-teaching Website: www.racevarsity.com | Blog: racepvtltdsurat.blogspot.in | facebook/rachnasurat 2 1 Current Affairs - Level Level staff from 62 to 65 years. The decision will lead to an increase in the age of superannuation of three categories of personnel under the Central Health Services (CHS) —nonteaching staff, public health specialists and general duty medical officers. CABINET APPROVES MEGA SPECTRUM AUCTION PLAN: The government on June 22, approved the base price and other terms for the upcoming largest-ever auction of airwaves, which is likely to start in August. It can fetch the ‘government ` 5.66 lakh crore, if all the air-waves are sold at base price. STATES NEWS IN BRIEF BIHAR FIRST STATE TO HAVE GRIEVANCES ACT: The Bihar Public Grievance Redressal Act 2016, the first of its kind in the country, was on June 5 implemented in the state. The Act would empower the people to get their grievance's redressed within two months, Grievances redressal centres have been opened at district and sub-division level where people can register their complaints. GANGETIC DOLPHIN IS GUWAHATI'S CITY ANIMAL: The Assam state capital on June 6 become the first city in the country to have its own City Animal with the Kamrup Metropolitan district administration declaring the Gangetic river dolphin as the mascot. PONDY LG BANS SIRENS: Puducherry lieutenant governor Kiran Bedi has imposed a ban on use of siren in cars of VIPs, including her escort and pilot vehicles. Emergency services like ambulances and fire service vehicles would be exempted from the restriction on use of sirens. No special privilege will be accorded for cars of VIPs such as stopping of traffic, so that people's right to freedom of movement is not hindered in any manner. Traffic police will also ensure that sufficient number of personnel are present for regulating traffic. MANJULI INDIA'S FIRST RIVER ISLAND DIST.: The Sarbananda Sonowal ministry, in its first cabinet meeting on June 27 decided to grant district status to Majuli, a 400 sq km. island in river Brahmaputra. Sonowal had won the assembly election this year from Majuli, a constituency reserved for scheduled tribes. The erosion-troubled Majuli, now a subdivision of Jorhat district, will become India's first river island district and Assam's 34th.
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