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March 2015 Current Affairs

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March 2015 Current Affairs www.talentsprint.com March 2015 Current Affairs 2nd March, 2015 1. 8 schemes delinked from Central support: The government has decided to delink eight Centrally Sponsored Schemes (CSS), including National e-Governance Plan, Backward Regions Grant Funds, Modernisation of Police Forces and Rajiv Gandhi Panchayat Sashaktikaran Abhiyaan (RGPSA), from its support. Why? As much as 42% of union taxes will go to States as per the recommendation of 14th Finance Commission. The government has decided to accept this recommendation so as to reduce its fiscal burden. The 8 schemes delinked from Centre’s support are: National e-Governance Plan, Backward Regions Grant Funds, Modernisation of Police Forces, Rajiv Gandhi Panchayat Sashaktikaran Abhiyaan (RGPSA), Scheme for Central Assistance to the States for developing export infrastructure, Scheme for setting up of 6000 Model Schools, National Mission on Food processing and Tourist Infrastructure. 2. Paramparagat Krishi Vikas Yojna and PradhanMantri Gram Sinchai Yojna to be Fully Supported: Reinforcing the government’s commitment to farmers, Union Finance Minister has flagged the PradhanMantri Gram SinchaiYojna aimed at ‘per drop more crop’ and ParamparagatKrishiVikasYojna (organic farming) as the two most important progammes in the farm sector to enhance productivity and production. ParamparagatKrishiVikasYojna:www.talentsprint.com It has been formulated to promote Organic Farming. The objective is to promote eco-friendly concept of cultivation reducing the dependency on agro-chemicals and fertilizers and to optimally utilize the locally available natural resources for input production. Pradhanmantri Gram Sinchai Yojana is aimed at irrigating the field of every farmer and improving water use efficiently to provide ‘Per Drop More Crop’. 3. Micro Units Development Refinance Agency (MUDRA) Bank: The Finance Minister has proposed to create a Micro Units Development Refinance Agency (MUDRA) Bank, with a corpus of Rs. 20,000 crore, and credit guarantee corpus of Rs. 3,000 crore. What it does? TALENTSPRINT | © Copyright 2015 1 www.talentsprint.com MUDRA Bank will refinance Micro-Finance Institutions through a PradhanMantri Mudra Yojana. In lending, priority will be given to SC/ST enterprises. Benefits: These measures will greatly increase the confidence of young, educated or skilled workers who would now be able to aspire to become first generation entrepreneurs. Existing small businesses, too, will be able to expand their activities. By floating MUDRA bank, the Centre has ensured credit flow to SMEs sector and has also identified NBFCs as a good fit to reach out to them. People will now be able to get refinance at subsidised rate and it would be passed on to the SMEs. Moreover, it would enable SMEs to expand their activities 4. ‘Act East’ Policy of the Government: The Union Finance Minister has announced setting-up of manufacturing hubs in CMLV countries, namely, Combodia, Myanmar, Laos and Vietnam. This ‘Act East’ policy of the Government endeavours to cultivate extensive economic and strategic relations in South-East Asia. In order to catalyse investments from the Indian private sector in this region, a project development company wills set-up the manufacturing hubs in CMLV countries through separate Special Purpose Vehicles (SPVs). ||<><><>|| 3rd March, 2015 1. Durban to become the first African city to host Commonwealth games in 2022 The 71-memberwww.talentsprint.com multisport event is played every four year by nations erstwhile under the British colonial rule. The hosting rights went to South Africa by default as there was no other bidder left to compete. The country sees it as the dress rehearsal for possible Olympics bid for 2024 or 2028 edition. No African country has hosted either event. South Africa has successfully hosted the football, rugby union and cricket World Cup tournaments so far. The mega event was hosted by Glasgow in 2014 whereas the next (2018) edition will TALENTSPRINT | © Copyright 2015 2 www.talentsprint.com be held in Australia's Gold Coast. 2. INS Alleppey - is going to be decommissioned this year. Its a Russian Natya Class Mine Sweeper which has been in service since 1980. Key Points Indian Navy has earmarked 14 ports - 12 of them very sensitive - to be protected by Mine Sweepers Ships which clears mines laid out by enemy. These ships keep critical strategic and communication points like shipping lines and ports safe by detecting and defusing such mines. India needs at least two mine sweepers per port making it 28 for our 14 ports; this translate into a deficit of 22. 3. JagmohanDalmiya unanimously elected as the new President of the BCCI for a 3-year stint BCCI (Board of Control for Cricket in India) - the governing body of cricket in India - is the richest Cricket body in the world. Other appointments Anurag Thakur: Secretary, Amitabh Choudhary: Joint Secretary and AnirudhChaudhry: Treasurer 4. 'Ola' - India's largest Cab Hiring startup - buys out its nearest rival Taxi For Sure in a deal worth $200 million However, both the companies will continue to have separate existence and operation as earlier. Market leader Olawww.talentsprint.com has over one lakh vehicles on its platform and this deal will only strengthen its position among other rivals like Uber. 5. Arun Singh is appointed as the new Indian Ambassador to US. The post was lying vacant since the incumbent S Jaishankar was promoted as the Foreign Secretary of India by the centre. 6. FICCI appoints eminent economist ArvindVirmani as the new Economic Mentor for Ficci's public policy and economic work Earlier he had served as the nation's Chief Economic Advisor and Principal Advisor in TALENTSPRINT | © Copyright 2015 3 www.talentsprint.com the Planning Commission. 7. Harendra Gupta lifts the inaugural PGTI Golconda Masters golf championship beating Shamim Khan in the final face-off. The Chandigarh golfer bags a cash reward of Rs 6 lakhs through this victory. ||<><><>|| 4th March, 2015 1. Richest Indian 'Mukesh Amabani' is the 29th wealthiest in the world: Forbes' world's billionaires list 2015 He is holding his fort here for the last 8 years in a row. Microsoft's Bill Gates retains his top spot with a net worth of $79 billion. Gates has topped this list for the 16 of the last 21 years. There are 1826 billionaires in the world as per the list; 90 of them are from India. Top 5 billionaires: Bill Gates ($79 billion), Carlos Slim Helu ($77.1 billion), Warren Buffett ($72.7 billion), Amancio Ortega ($64.5 billion) and Larry Ellison ($54.3 billion). Richest woman: Christy Walton (8th rank overall) Youngest billionaire: Evan Spiegel (1250th rank): founder of Snapchat 2. There are 2.68 crore persons with disabilities in the country as per Census 2011; 1.18 crore of them being women As per Section 2(i) of the Persons with Disabilities (Equal Opportunities, Protection of Rights and Full Participation) Act 1995 www.talentsprint.com Blindness, low vision, leprosy-cured, hearing impairment, loco motor disability, mental retardation, and mental illness. Moreover, Centre has introduced 'The Rights of Persons with Disability Bill 2014' in the Rajya Sabha which recognizes 19 specified disabilities based on an evolving and dynamic concept. The new legislation mandates framing of guidelines by the Central Government for the purpose of assessing the extent of specified disability in a person. 3. Centre appoints Baldev Sharma as the new chairman of the National Book Trust TALENTSPRINT | © Copyright 2015 4 www.talentsprint.com The former 'Panchajanya' editor succeeds A Sethumadhavan to this office. 'Panchajanya' is the mouthpiece of BJP's ideological mentor RSS (RashtriyaSwayamsevakSangh). 4. Ministry of Shipping launches a website "Shipping Samvad" to invite innovative ideas and suggestions from general public and experts related to Indian maritime sector for improvements in the shipping, ports and inland waterways sector. 5. Election Commission has launched a program namely 'NERPAP' to cleanse its erroneous database. The scheme "National Electoral Roll Purification and Authentication Programme" seeks to authenticate electoral rolls by linking and syncing it to Aadhar data. Voter IDs are notorious for poor profile image and faulty address; the new program will also address this grievance. The nationwide drive will culminate on 15th August, 2015. ||<><><>|| 5th March, 2015 1. World's largest and tallest 'Indian flag' is unfurled at Town Park in Faridabad, Haryana. The mammoth Tricolor has a dimension of 96 feet by 64 feet and weighs 48 kilograms. Its only fitting that the organizers created another benchmark by hosting it at a record height of 250 feet (75 meters) - the tallest ever for it. It was hoisted by the BJP president Amit Shah in presence of state CM ML Khattar and other guests.www.talentsprint.com 2. 3 South Asian women to be honoured by US with prestigious International Women of Courage Award 2015 They are: Captain NiloofarRahmani from Afghanistan Air Force Nadia Sharmeen - Journalist and women’s rights activist from Bangladesh. Tabassum Adnan - founder of Khwendo Jirga from Pakistan In total, the prize this year has gone to 10 women from 10 countries. TALENTSPRINT | © Copyright 2015 5 www.talentsprint.com Established in 2007, the global Prize recognize women for their exceptional contribution in the field of peace, justice, human rights and gender equality. Till date, 86 women from 50 different countries have recieved this recognition. Indian recipients - Delhi gang rape (2013) victim 'Nirbhaya' and 'Laxmi' - an acid attack victim (2014). 3. Centre decides to set up a 'National Marine Police Training Institute' in Gujarat at Pindara village of DevbhoomiDwarka district It will impart training to the marine Police personnel of all the coastal States/Union Territories in the country. Its expected to take at least 4 years to start operation. 4. Ministry of Tourism is going to set up an ‘Indian Culinary Institute’ at Tirupati (Andhra Pradesh) with a northern region Centre at Noida A technical committee is being constituted - having academic and industry experts - to plan and design course structure for basics and advance culinary studies.
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