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Awards & Honours 1st Oct to 31st Oct AWARDS & HONOURS Kannada journalist Gauri Lankesh, a strident critic of religious extremism who was shot dead this year, was awarded a prestigious global award - Reach All Women in WAR (RAW in WAR) Anna Politkovskaya Award- given in the memory of a slain Russian reporter and political activist. Lankesh, 55, shared the with Gulalai Ismail, 31, a Pakistani peace activist who has faced death threats for speaking out against the Taliban. Carnatic vocalist T M Krishna won the Indira Gandhi Award for National Integration for 2015 -16 for his services in promoting and preserving national integration in the country. Birendra Sasmal, CEO of Subah, bagged the International Business Person of the Year at the Asian Achievers Awards in London, for turning the company into a thriving IT, telecoms and manufacturing success story with operations across West Africa. Eminent critic, biographer and orator M K Sanu was chosen for the Mathrubhumi Literary Award for 2016 in recognition of his rich contribution to the Malayalam literature. The Nobel Prize in Chemistry 2017 was awarded to Jacques Dubochet, Joachim Frank and Richard Henderson for developing cryo-electron microscopy for the high-resolution structure determination of bio molecules in solution. The 2017 Nobel Prize in Economic Sciences was awarded to Richard H. Thaler for his contributions to behavioural economics. British writer Kazuo Ishiguro won the 2017 Nobel Prize for Literature. The novelist was praised by the Swedish Academy as a writer "who, in novels of great emotional force, has uncovered the abyss beneath our illusory sense of connection with the world". His most famous novels ‘The Remains of the Day’ and ‘Never Let Me Go’ were adapted into highly acclaimed films. He has written eight books, which have been translated into over 40 languages. The 2017 Nobel Prize for Peace was awarded to ‘International Campaign to Abolish Nuclear Weapons’ (ICAN), a coalition of non-governmental organisations from over 100 countries around the globe, headquartered at Geneva in Switzerland. The Norwegian Nobel Committee honoured the group “for its work to draw attention to the catastrophic humanitarian consequences of any use of nuclear weapons and for its ground-breaking efforts to achieve a treaty-based prohibition of such weapons.” The 2017 Nobel Prize in Physics was jointly awarded to three US scientists – Rainer Weiss, Kip S. Thorne and Barry C. Barish – for the detection of gravitational waves. The Nobel Prize in Physiology or Medicine 2017 was jointly awarded to Jeffrey C. Hall, Michael Rosbash and Michael W. Young for their discoveries on how plants, animals and humans adapt their biological rhythm so that it is synchronised with the Earth’s revolutions. Rajesh Nath, the managing director of VDMA India, was conferred the ‘Cross of the Order of Merit’, the highest civilian honour awarded to individuals for their services to Germany. T D Ramakrishnan was chosen for the 2017 Vayalar Ramavarma Literary Prize for his novel “Sugandhi Enna Andal Devanayaki”. BUSINESS & CORPORATE The Gujarat Co-operative Milk Marketing Federation Ltd (GCMMF), which markets the Amul brand of milk/milk products, was recognized as India’s best Fast Moving Consumer Goods (FMCG) Company in the food sector by the International Advertising Association (IAA). HDFC Life Insurance Company launched Neo — a servicing bot for Twitter that uses artificial intelligence for customer service. The Hindustan Petroleum Corporation Ltd (HPCL), became the first Oil Marketing Company (OMC) from India that has started marketing lubricants in Myanmar. Global payments network Visa signed a memorandum of understanding (MoU) with the Andhra Pradesh government to help transform Vishakhapatnam into India's first 'less cash' city. This initiative is designed to provide the foundation for the city to emerge as India's 'Fintech Valley'. BILLS / ACTS / COMMITTEES / SCHEMES / POLICIES The Union Cabinet approved the signing of "Memorandum of Cooperation (MoC)" between India and Japan on the "Technical Intern Training Program (TITP)". The Technical Intern Training Program (TITP) is an ambitious program to send Indian technical interns to Japan for on the job training for a period of three to five years. It is expected that the MoC will pave the way for bilateral cooperation between the two countries in the area of skill development. The Union Cabinet approved the signing of the Memorandum of Cooperation (MoC) between India and Japan on establishing a liquid, flexible and global LNG Market. The MoC will promote bilateral relationship between India and Japan in the energy sector. It will contribute to the diversification of gas supplies for India. The Union Cabinet gave its approval for signing of a Memorandum of Understanding (MoU) between India and Morocco on cooperation in the field of water resources. The MoU intends to enhance cooperation in the field of water resources development and management within the framework of their expertise and their respective legislations. The Himachal Pradesh Government implemented the Senior Citizen Health Insurance Scheme (SCHIS) in the state with an aim to provide access to curative geriatric health care services by way of additional insurance cover. The Uttarakhand Government and a charitable funding agency, Swan Cultural Center and Foundation, launched 'Solar Briefcase' in Kedarnath Dham. The initiative was taken to provide electricity to far flung areas in the hill state. President Ram Nath Kovind launched the Rs 100 crore Mata Amritanandamayi Math Project “Jeevamritham” in Kollam district of Kerala to provide the filtration system for cleaning drinking water to 5000 villages across India. The Uttar Pradesh government approved the 'Mukhyamantri Samoohik Vivaah Yojana', a mass marriage scheme, wherein Rs 35,000 will be spent on each couple, besides gifting them mobile phones and household items. The Karnataka government launched ‘Mathru Poorna’ scheme to meet the nutritional needs of pregnant and lactating women in rural areas. The Bihar government launched a state-wide campaign against child marriage and dowry on the occasion of Mahatma Gandhi’s birth anniversary. ECONOMY & FINANCE India was ranked 100th out of 119 countries in the 2017 Global Hunger Index (GHI) report, released by Washington-based International Food Policy Research Institute (IFPRI). The World Bank (WB), in its biannual economic update “South Asia Economic Focus (Fall 2017)”, reduced India’s GDP growth forecast to 7.0% for 2017-18 from 7.2% estimated earlier. While projecting a more optimistic picture of the global economy, the International Monetary Fund (IMF) slashed India’s growth forecast by 0.5 percentage points to 6.7 per cent in 2017. The Union Cabinet gave its approval for signing of a Memorandum of Understanding (MoU) between Securities and Exchange Board of India (SEBI) and Financial Services Commission (FSC), Gibraltar for mutual co-operation and technical assistance. The MoU is likely to promote further development of economic links and cooperation between the two regulators and aims at creating conditions for an effective development of securities markets in the two countries. The Union Cabinet gave its approval for signing of a Memorandum of Understanding (MoU) by Securities and Exchange Board of India (SEBI) with Capital Markets Authority (CMA), Kuwait for mutual co-operation and technical assistance. The MoU is likely to promote further development of economic links and cooperation between the two regulators, and aims at creating conditions for an effective development of securities markets in the two countries. India was ranked 8th out of 100 countries on a list of most valuable nation brands, according to Brand Finance’s Nation Brands 2017 report. The list is topped by US, followed by China, Germany, Japan and United Kingdom. Bangladesh signed $4.5 billion third line of credit (LoC) agreement with India for its infrastructure and social sector development. Government of India and European Investment Bank (EIB) signed the Finance Contract for lending of € 300 million for Bangalore Metro Rail Project Phase II Line R6. On the basis of an assessment of the current and evolving macroeconomic situation, the Monetary Policy Committee (MPC) decided to keep the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 6.0 per cent. Consequently, the reverse repo rate under the LAF remains at 5.75 per cent, and the marginal standing facility (MSF) rate and the Bank Rate at 6.25 per cent. The decision of the MPC is consistent with a neutral stance of monetary policy in consonance with the objective of achieving the medium-term target for consumer price index (CPI) inflation of 4 per cent within a band of +/- 2 per cent, while supporting growth. PEOPLE IN NEWS The Supreme Court of India appointed senior advocate and former additional solicitor general Amrender Sharan as amicus curiae on a petition seeking reprobe into the assassination of Mahatma Gandhi. Film actor and Padma Shri/ Padma Bhushan awardee Anupam Kher was appointed as the new chairman of the Film and Television Institute of India (FTII). French candidate Audrey Azoulay, a 45-year-old former French minister of culture, was elected to become the next director-general of the United Nations Educational, Scientific and Cultural Organisation (UNESCO) after elections in Paris . President Ram Nath Kovind appointed new Governors for five states, including Tamil Nadu, which got its first full- time Governor, Banwarilal Purohit (Congress-turned BJP leader) in a year amid the continuing political crisis. BJP leader Satya Pal Malik will hold charge in Bihar, where Kovind was Governor before he became President, former Delhi BJP MLA Jagdish Mukhi is Governor in Assam, Bihar BJP leader Ganga Prasad in Meghalaya and Brigadier (retd) B.D. Mishra, a war veteran, in Arunachal Pradesh. Former Navy chief Admiral (retd) D.K. Joshi was named as the new Lt. Governor of Andaman and Nicobar islands. The first meeting of the newly-constituted Economic Advisory Council to Prime Minister Narendra Modi (EAC-PM) was held at the NITI Aayog.
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