Friday, 1 August 2014

Current Affairs July 2014

Current Affairs July 2014

Supreme court asks Centre to submit proposal to expedite criminal justice system

The Supreme Court has said that the judiciary cannot fast-track cases against MPs and in fact asked the government to submit a proposal within a month to expedite the Criminal justice system in India. The apex court also observed that the pace of criminal justice system is not satisfactory in the country.
This statement from Supreme Court came because recently, PM Narendra Modi had asked Home Minister Rajnath Singh and Law Minister Ravi Shankar Prasad to devise a mechanism to adjudicate criminal and other court cases against politicians within a year.
The Law Ministry has already begun working on the roadmap and one of the options is to pursue the suggestions of the Law Commission made to the apex court in March 2014. As per the law panel, the trial must be expedited and concluded within a one-year period for charges framed against sitting MPs or MLAs. If trial is not concluded within a year then (either) the MP/MLA may be disqualified at the expiry of the one-year period or the MP/MLAs’ right to vote in the House as a member, remuneration shall be suspended at the expiry of the one-year period.
As per a research by the Association for Democratic Reforms, this Parliament has a significant number of legislators facing criminal charges – 186 members or 34% of the Lok Sabha.

Ghana’s proposal of land to Punjab farmers accepted by Punjab Government

The Punjab Government has agreed to the Ghana Government’s proposal offering land to Punjab farmers. As per the proposal, the government of Ghana would provide fertile farmland on a long-term lease to Punjab farmers for farm activities. Ghana has made this proposal to promote agriculture as a tool of progress in Ghana and if possible then by Punjab’s expertise in farming.
Punjab Government has assured Ghana that a high-level delegation of officers as well as an expert from Punjab Agricultural University (PAU), Ludhiana, would be sent to Ghana to study the suitability of the entire project.
Ghana also offered Punjab to export finished goods to Ghana. It has invited Punjabi entrepreneurs to visit Ghana to start manufacturing facilities in the country and take advantage of Ghana’s natural resources like various minerals, timber, oil, cocoa, palm oil fish and cotton.

Excessive healthcare is a problem on the rise in India: World Bank

The World Bank has warned that excessive healthcare is emerging as a serious problem in India. As per the bank, people with private health insurance are two to three times more likely to be hospitalized than the national average.
The bank is of the view that many of these medical protection policies result in only marginal benefits and can actually harm the patients, leading to unnecessary suffering, especially among the weak and elderly. The situation may aggravate as many more people will be able to afford healthcare as the government steps up medical coverage for the poor. It suggested India to urgently build in checks against this hazard, especially as it sets aside an increasing share of limited public resources for medical insurance.
The warning from the bank comes amid concern expressed by Health Minister Harsh Vardhan over “corruption” in regulatory institution Medical Council of India (MCI) and the “nexus” of doctors and diagnostic centres, resulting in patients being prescribed unnecessary tests.

S S Mundra assumes office as RBI deputy governor

S S Mundra (60) has taken charge as deputy governor Reserve Bank of India. As a deputy governor of the central bank, he will be responsible for banking supervision, currency management, financial stability and rural credit. The government has notified his appointment for a period of 3 years.
The veteran banker had begun his career as a probationary officer, and served for a short time at Union Bank of India, where he was executive director. In a rare move, he returned as the CMD of his parent bank (Bank of Baroda) and was seen as a surprise choice for the prestigous regulatory job. In fact, Mundra would have never been offered this post had it not been for K C Chakrabarty’s decision to resign before the end of his tenure as RBI deputy governor.
Now, RBI has four deputy governors– H R Khan, Urijit Patel, R Gandhi and S S Mundra.
RBI is planning to have one more deputy governor, but this will require a change in the rules of RBI. Till the time the changes in rules are made, the RBI has suggested the Government to appoint an Officer on Special Duty or Chief Operating Officer (COO) with the rank of a deputy governor. Government is yet to take a call on any of these proposals put forward by the RBI. Normally, an RBI deputy governor can be appointed for 5 years or till the age of 62, whichever is earlier. To be eligible for the post, a candidate needs to be less than 60 years of age while assuming charge.

Tuesday, 1 July 2014

Current Affairs June 2014

Current Affairs June 2014

India successfully launched PSLV C-23 with 5 satellites

India’s ANTRIX (ISRO’s commercial arm) successfully launched 5 foreign satellites from four countries on board PSLV-C23 rocket which placed them in orbit.
The rocket was launched from Satish Dhawan Space Centre in Sriharikota and was also witnessed by PM Narendra Modi.
ISRO’s Polar Satellite Launch Vehicle PSLV-C23 placed all five satellites into their respective orbits.
The rocket carried with it primary payload of 714 kg French Earth Observation Satellite SPOT-7, 14 kg AISAT of Germany, NLS7.1 (CAN-X4) and NLS7.2 (CAN-X5) of Canada each weighing 15 kg and the 7 kg VELOX-1 of Singapore.
PM Modi extolled the efforts Indian space scientists and asked the space community to develop a SAARC satellite.
He referred to pictures showing rocket components being transported on bicycles.
  • SPOT 7: French satellite, it will be part of the existing Earth observation satellite. It has been built by European space technology company Airbus Defence and Space.
  • AISAT: German nano-satellite, to focus on the global sea-traffic monitoring system with special emphasis on high traffic zones using AIS signals.
  • NLS 7.1 and NLS 7.2: Canadian satellite, they will perform Two-spacecraft precision formation flying using differential GPS with centimetre-level relative position and sub-metre level accurate position control system.
  • VELOX-1: Singaporean satellite, it is a technology demonstrator for in-house design of image sensor, MEMS-based attitude determination and control system and inter-satellite RF link.

Saina Nehwal clinches Australian Open Super Series title


Star Indian badminton player Saina Nehwal defeated Spain’s Carolina Marin to win the $750,000 Star Australian Super Series title.

The 6th seeded Indian, who had clinched the India Open Grand Prix Gold earlier this year, dominated the contest throughout.

New Facelock Technology obviates the need to remember complex passwords

Researchers at the University of York in the U.K have developed a new technology named Facelock technology which provides an alternative to remembering complicated passwords.
Retaining complicated passwords has always been a difficult job for most people. There is also a risk of hacking if the passwords are kept too simple.
The new Facelock technology attempts to deal with these issues. It is based on human psychological trait of remembering familiar faces with close to 98% accuracy.
Facelock needs users to choose from a selection of faces that are well known to them. Then when they want to log in or get access to a secure system, a series of face grids is created, and users must select the familiar face in each grid.
As per researchers, it’s easy for users to select a familiar face from the crowd — but very difficult for others to hack, since none of the faces will stand out to them.

July 4 is the deadline for implementing Food Security Act

Adhering to its earlier decision of a 3-month extension to States and Union Territories to implement the National Food Security Act, the Union government’s Ministry of Consumer Affairs, Food and Public Distribution is firm that the deadline for implementing the scheme is July 4, 2014. So far only 11 States have implemented the Act. 20 States and 5 Union Territories are yet to implement it.
The Trinamool Congress (TMC) government in West Bengal has urged the Centre to extend the July 4 deadline.
As per law the National Food Security Act has to be implemented within a year of its coming into force. West Bengal subsidized food grains were distributed among beneficiaries under several categories. But after the National Food Security Act is implemented in a State no such categories would exist.
The Ministry has clarified that if West Bengal does not implement the Act by the deadline, the several schemes in West Bengal under which food grains are distributed at a subsidized rate will not be stopped.

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