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Thursday, 7 January 2016

Daily GK Update: 1st January 2016

Union government and the World Bank signed a $50-million credit agreement
i. The Union government and the World Bank signed a $50-million credit agreement for a project aimed at helping young people from minority communities complete their education and improve their employment opportunities named Nai Manzil Scheme.
ii. The Nai Manzil Scheme is designed as an integrated education and training programme that provides youth from minority communities skills needed for different tasks in a rapidly changing world. 
iii. The agreement was signed by Mr. Kumar and Michael Haney, the World Bank’s Operations Adviser in India.

Ambitious odd-even scheme of Delhi government started off in New Delhi
i. The ambitious odd-even scheme of Delhi government, a first such intervention in the country to combat spiralling air pollution, got off to a decent start on new year  with volume of cars on the city roads coming down significantly amid deployment of thousands of policemen and and moderately augmented public transport.
ii. As the clock struck eight, the vehicular restriction policy came into effect with thousands of volunteers carrying roses also taking to the streets to assist traffic police in enforcing the pilot plan that will stay in force till January 15.
iii. Under the scheme, cars bearing odd-numbered registration plates shall ply on city roads while those with even number plates, if taken out, will attract a penalty of Rs 2,000 under relevant sections of the Motor Vehicles Act. It will be vice-versa on Saturday. Also, 25 categories of people are being given exemptions including the VIPs.

LRSAM test-fired from INS Kolkata
i. Long Range Surface-to-Air Missile (LRSAM), the missile co-developed by India and Israel, was successfully test-fired on the Western Sea Board. The missile was fired from INS Kolkata and it successfully intercepted an aerial target at extended ranges.
ii. The test-fire was jointly carried out by the Indian Navy, Defence Research and Development Organisation (DRDO) and Israel Aerospace Industries.
iii. This was the first test for LRSAM or BARAK 8 missile in India. Earlier, on 11 November 2015, it was successfully test-fired from a range in Israel.
iv. The missile was developed by the DRDL, Hyderabad in collaboration with Israel Aerospace Industries. It has been manufactured by M/s Bharat Dynamics Limited, India.

Iran’s leading banks will soon open branches in India
i. Iran’s leading banks will open branches in India to energise commercial ties between New Delhi and Tehran. The decision was amongst a slew of commercial measures taken by the India-Iran Joint Commission that met for the first time. 
ii. After the meeting led by External Affairs Minister Sushma Swaraj and Iranian Finance Minister Ali Tayebnia, India decided to allow the Pasargan Bank and Parsian Bank of Iran to set up branches in New Delhi and Mumbai.
iii. A major beneficiary of normalisation of banking channels between two sides will be India which has just begun settling more than $6.5 billion energy-related pending payment, with Iran. 

Pakistan's Singer Adnan Sami gets Indian Citizenship
i. The Union Home Ministry cleared the proposal to grant Adnan Sami the citizenship of India. Mr Sami, who has been staying in India since 2011, will now have to fill a citizenship form at the Home Ministry’s office in Delhi and pay Rs 13,700.
ii. He will be given citizenship under Section 6 (I) of the Indian Citizenship Act, 1955 under the category “citizenship by naturalisation.”
iii. Lahore-born Sami first arrived in India on March 13, 2001 on a visitor’s visa with a validity of one year. It was issued by the Indian High Commission in Islamabad.

RBI asked the banks to open banks in villages with a population of more than 5000.
i. India’s central bank has asked the lenders to open more brick and mortar branches in villages with no banking facilities and with a population of more than 5,000. The banking regulator has asked banks to submit a roadmap on how many branches they will be opening by 31 March 2017. Banks have to submit the roadmap by end of January 2016.
ii. RBI observed that coverage of banking services in unbanked villages is skewed towards the BC model and the ratio of branches to BC is very low. Therefore, it has been decided to focus on villages with population above 5,000 without a bank branch of a scheduled commercial bank. 
iii. This will also enable banks to provide quality financial services and timely support to BC outlets that would help in sustaining and strengthening the services provided through BCs and also ensure close supervision of BC operations.

D.K.Hota to be the new CMD of defence PSU BEML Ltd
The Public Enterprises Selection Board has recommended D.K.Hota to be the new CMD of defence PSU BEML Ltd. He is currently Director (HR) of the Bengaluru-based BEML. He has been on deputation at BEML from oil marketing major HPCL for the past two years.

Harpal Singh Kumar received Knighthood from Queen Elizabeth II 
i. An Indian-origin cancer research expert Harpal Singh Kumar received a Knighthood from Queen Elizabeth II for his influential work on prevention and treatment of cancer. His name appeared in the annual New Year’s Honours list that includes several other Indian-origin individuals.
ii. Samir Desai, founder-CEO of Funding Circle, received a Commander of the Most Excellent Order of the British Empire (CBE) for his work in the field of financial inclusion. Chairman of Sun Mark Ltd, Raminder Singh Ranger, was awarded a CBE for services to business and community cohesion.
iii. Among the Officer of the Most Excellent Order of the British Empire (OBE) list were Kala Patel, managing director of Kiddycare Ltd Nurseries, for services to childcare  business and Daljit Lally, deputy chief executive of Northumberland Country Council, for services to integrated care.

Ashwin becomes the no.1 Test Bowler
i. Star India off-spinner Ravichandran Ashwin ended 2015 as the No. 1 Test bowler in the ICC rankings issued on the back of his strong showing against South Africa in the recent home series.
ii. Ashwin, who took 62 wickets in nine Tests this year including 31 scalps in the four matches against South Africa, became the first India bowler since Bishen Bedi in 1973 to achieve the milestone of finishing the year on top.

iii. Ashwin achieved the number-one spot for first time in his career after injury prevented South African Dale Steyn from bowling more than 3.5 overs in England’s second innings in the Durban Test.

Indian Test captain Virat Kohli named ‘BCCI Cricketer of the Year’
i. Indian Test captain Virat Kohli was named ‘Cricketer of the Year’, while Mithali Raj was picked for the M.A. Chidambaram Trophy for the best women’s cricketer.
ii. Under Kohli, the Indian team ended a 22-year wait for a series win on Sri Lankan soil before battering world No.1 South Africa to give them their first overseas loss in nine years. Mithali, on the other hand, became the first Indian woman and second overall to complete 5,000 runs in ODI format this year.iii. In other awards, former wicketkeeper Syed Kirmani will be presented the Col. C.K. Nayudu Lifetime Achievement Award. Karnataka all-rounder Robin Uthappa has been picked for the Madhavrao Scindia Award for being the highest run-scorer in Ranji Trophy.
Magnus Carlsen won the Qatar Masters Open chess tournament 
i. World champion Magnus Carlsen of Norway won the Qatar Masters Open chess tournament, billed as the strongest Open in history. The top seed had finished with seven  points, the same as Yu Yangyi of China, seeded 11th. He drew his 10th and final round encounter with former World champion  Vladimir Kramnik of Russia, while Yu defeated Wesley So of the United States.
ii. Surya Shekhar Ganguly was the best-placed Indian, at 10th. 

Laxmi Ratan Shukla announced his retirement
i. Former India player and Bengal captain Laxmi Ratan Shukla announced his retirement from cricket. Shukla, who failed to make it to the Bengal Ranji squad for most of the current season after making a comeback from injury, was included in the team that played its last league match against Assam earlier this month. But the player choose to call it quits as he was not getting enough “motivation” to continue.
ii. The feisty all-rounder played 137 First Class matches and accumulated 6217 runs and 144 wickets.


Daily GK Update: 31st December, 2015

Union Cabinet approves Raptor MoU for conservation of migratory birds of prey
i. The Union Cabinet has given its approval to sign Memoranda of Understanding (MOU) on the Conservation of Migratory Birds of Prey in Africa and Eurasia.
ii. This MoU is also called as the ‘Raptor MoU’ under the Convention on Conservation of Migratory Species (CMS). With signing it, India will become the 54th signatory to the MoU.
iii. About Raptor MoU


  • It is an agreement under Article IV paragraph 4 of the Conservation of Migratory Species (CMS) and is not legally binding on signatory parties.
  • The MoU seeks willingness of the signatory states for working for conservation of the raptor species and their habitats. 
  • The Raptors MoU extends its coverage to 76 species of birds of prey out and an action plan has been formulated that envisages the conservation action for Raptor species. 

Union Cabinet gives nod for India-Australia Civil Nuclear Cooperation deal
i. The Union Cabinet chaired by Prime Minister Narendra Modi approved the India-Australia Civil Nuclear Cooperation deal that came into force on November 13, 2015. 
ii. The deal along with the administrative arrangement for implementing the accord will bolster India’s energy security by supporting the expansion of nuclear power in the country.
Background 

  • India and Australia had started talks on the Civil Nuclear Cooperation Agreement in 2012 after Australia had lifted the long-standing ban on selling uranium to energy-starved India.
  • The cooperation agreement was signed between two countries in September 2014 to sell uranium as a nuclear fuel for peaceful power generation. 
  • India-Australia Nuclear Cooperation deal follows similar agreements signed by India with the US and France after western sanctions were lifted in 2008. 
CCEA approves Amended Technology Upgradation Fund Scheme for textile sector
i. The Cabinet Committee on Economic Affairs (CCEA) has approved introduction of Amended Technology Upgradation Fund Scheme (ATUFS) for technology upgradation of the textiles industry. 
ii. Decision in this regard was taken by CCEA meeting chaired by the Prime Minister Narendra Modi in New Delhi. 
iii. The ATUFS replaces existing Revised Restructured Technology Upgradation Fund Scheme (RR-TUFS) to give a boost to textile sector under Make in India campaign. 

Union Govt approves constitution of 69 bridges on Trilateral Highway in Myanmar
i. The Union Cabinet has approved the construction of 69 Bridges including Approach Roads on the Tamu-Kyigone-Kalewa (TKK) road section of the Trilateral Highway in Myanmar. 
ii. Decision in this regard was taken by Union Cabinet meeting chaired by Prime Minister Narendra Modi in New Delhi. These bridges will be constructed at a cost of Rs.371.58 crore and shall impart all weather usability to the TKK road section.

Union Govt unveils National Biotechnology Development Strategy 2015-2020
i. Union Government has unveiled National Biotechnology Development Strategy (NBDS) 2015-2020 to establish India as a world-class bio-manufacturing hub. 
ii. It was unveiled by the Union Science and Technology Minister Dr Harsh Vardhan in New Delhi.
BHEL commissions Prayagraj power project unit in UP
i. State-run Bharat Heavy Electricals Limited (BHEL) has commissioned a 660 MW unit of Prayagraj Super Thermal Power Project at Bara town in Allahabad district of Uttar Pradesh. 
ii. This is the first supercritical thermal unit to be commissioned in the state to achieve capacity addition on attaining full load. 
iii. It is Greenfield thermal power project is owned by Prayagraj Power Generation Company Limited (PPGCL), a subsidiary company of Jaiprakash Power Ventures Limited. 
iv. Super-critical units are generally eco-friendly and more efficient thermal power plants as they consume less coal as fuel. 

Dr Gyanendra D Bandgaiyan appointed DG of National Centre for Good Governance
i. The Appointments Committee of the Cabinet (ACC) on 30 December 2015 approved the appointment of Dr Gyanendra D Bandgaiyan as the Director General of the National Centre for Good Governance.
ii. He will be in the office for a period of three years which is extendable by another two years or up to 60 years of age, whichever is earlier.
iii. The 54-year-old Bandgaiyan is a former IAS officer of the Union Territories cadre. He hails from Madhya Pradesh.

Japan and South Korea reached Agreement on Issue of Comfort Women
i. Japan and South Korea on 28 December 2015 reached an Agreement on Issue of Comfort Women.
ii. The agreement was reached after a meeting between Fumio Kishida, Minister for Foreign Affairs of Japan and Yun Byung-se, Minister of Foreign Affairs of South Korea in Seoul.
iii. It aims to resolve a decades-old dispute over Korean women who were used as sex slaves by Japanese soldiers during World War II.
iv. The agreement is considered as historic as the issue had been a bone of contention between the countries for decades.


Bjorn Isberg named as Tournament Director of 2016 Hockey India League
i. Sweden's Bjorn Isberg on 30 December 2015 was appointed as the Tournament Director of Coal India Hockey India League (HIL), the premier league for hockey in India.
ii. On the other hand, Muthukumar Balakrisnan from Malaysia was given the role of the Assistant Tournament Director in the 4th edition of the Coal India Hockey India League.
iii. Andy Mair from Scotland was named as the umpire's manager for the league.


Daily GK Update: 30th December, 2015

1. Sand artist Sudarsan Pattnaik's Santa Claus sculpture featured in Limca Book of Records
i. Well-known sand artist Sudarsan Pattnaik’s Santa Claus sculpture on 29 December 2015 found a place in Limca Book of World Records. Pattnaik claimed that he had created a 45 feet high sand Santa Claus at Puri beach on 24 December 2015, which was recognised as the largest sand Santa Claus as of today by the Limca Book of World Records.
ii. Pattnaik was assisted by 20 of his students from the Sudarsan Sand Art Institute of Puri to build the giant structure. It took him 22 hours to build the structure which will be on display till 1 January 2016.


iii. The artist had also created sculptures of Jesus and Mother Mary near Santa Claus. Pattnaik had already created eight world records registered with the Limca Book of World Records.
iv. Sudarsan Pattnaik is a world-renowned Indian sand artist from Odisha. Born on 15 April 1977, he self-taught himself the art of sand sculpture. He established The Golden Sand Art Institute which is first of its nature in India.
v. His sculptures include environmental crisis, famous festivals, national integrity and religious tolerance. He has represented India in 50 international Sand Sculpture championship and festivals all around the world and won 27 championship prizes for the country.
vi. In 2013, he won gold medal at Saint Peters Burg in 12th International sand sculpture competition at Russia. His sand sculpture on Black Taj Mahal earned him accolades all over the world. In 2014, he was awarded the Padma Shri by Government of India.

2. Cabinet clears formation of JVs between Indian Railways and states
i. The Cabinet on Wednesday approved the formation of joint venture companies with various state governments to mobilise resources for undertaking rail infrastructure projects.
ii. The initial paid-up capital of the Ministry of Railways will be limited to Rs. 50 crore for each state. The joint venture companies would be formed with equity participation from the Ministry of Railways and the state governments concerned. Each joint venture will have an initial paid-up capital of Rs. 100 crore and based on the projects to be undertaken, further fund infusion would be done on approval of the project.
iii. The joint ventures will be allowed to form project-specific special purpose vehicles with equity holding from other stakeholders such as banks, ports, public sector undertakings, mining companies, and others.
iv. “This would ensure greater participation of state governments in implementation of railway projects, both in terms of financial participation as well as the decision-making process. This will also facilitate faster statutory approvals and land acquisition,” an official statement added.
v. Meanwhile, the Cabinet also approved signing of various memorandums of understandings in the field of urban development. One such MoU is between SITNEF, Norway, and Central Public Works Department for cooperation in development of human resource capacity building and scientific research in recycling of construction and demolition waste in India.

3. WHO officially declared Guinea Ebola-free
i. The World Health Organization (WHO) on 29 December 2015 declared the end of Ebola virus transmission in the Republic of Guinea. The organization took the decision after observing that 42 days have passed since the last person confirmed to have Ebola virus disease and tested negative now.
ii. Guinea now enters a 90-day period of heightened surveillance to ensure that any new cases are identified quickly before they can spread to other people. The decision came after more than 2500 people died from the virus in the West African nation. With this, Liberia becomes the only country still counting down for an end to this ruinous epidemic.
iii. The end of Ebola transmission in Guinea marks an important milestone in the Ebola outbreak in West Africa. The original chain of transmission started two years ago in Gueckedou, Guinea in late December 2013.
iv. The outbreak later spread to neighbouring countries Liberia and Sierra Leone and ultimately travelled to seven other countries. The total number of people infected with Ebola eventually totalled more than 28000. And the number of people who died from the disease reached more than 11200.
v. In addition to the original chain of transmission, there have been 10 new small Ebola outbreaks between March and November 2015. These appear to have been due to the re-emergence of a persistent virus from the survivor population. This is for the first time that all three countries Guinea, Liberia and Sierra Leone have stopped the original chains of transmission that were responsible for starting this devastating outbreak.

4. Online virtual science lab for school students
i. Students who have opted for the Science stream at the high school level, but have no access to physical labs now have the option to perform experiments in a virtual science-lab. Thanks to the educational technology initiative - “Online Labs” - developed by Amrita CREATE (Centre of Research in Advanced Technologies for Education) in association with CDAC (Centre for Development of Advanced Computing).
ii. OLabs or Online virtual Science Labs allows students to repeat the experiments as many times as they wish; it includes simulators, videos, animation, theory and quiz. It is based on the premise that lab experiments can be taught over the Net in a cost effective and efficient manner.
iii. According to Venkat Rangan, Vice Chancellor, Amrita University – the initiative is aimed at helping students understand complex science concepts and build scientific temper. Ravi Shankar Prasad, Minister of Communications and Information Technology launched this elearning programme on Tuesday. Under this nationwide initiative, Amrita has set a target of preparing around 30,000 science teachers from across the country on how to use OLabs, so they can in turn help students perform experiments in a virtual lab.
iv. OLabs has been officially endorsed by the Central Board of Secondary Education (CBSE) as a teaching aid for all its schools. It is expected to be available in Hindi, Malayalam and Marathi and offered in both urban and rural schools.
v. Online Labs technology has an offline tablet-based component as well, which ultimately would allow the trained faculty to take the labs to remote pockets, where connectivity is still an issue. Amrita is hoping that in a span of three years at least 10000 schools across the country would be provided free access to OLabs. The Online Labs is said to have over 80,000 registered users already.

5. Ian Fraser Lemmy Kilmister, founding member of metal band Motorhead, died
i. Ian Fraser Lemmy Kilmister, founding member and singer in the British heavy metal band Motorhead, passed away on 28 December 2015 after battling cancer. He was 70. Popularly known as Lemmy, he played furiously on platinum-selling Motorhead albums like Ace of Spades , Overkill and Iron Fist.
ii. He was born in December 1945 in Staffordshire, England. He joined the English psych-rock band Hawkwind in 1971, but got kicked out several years later for abusing amphetamines drug. In response, he formed Motorhead in 1975.
iii. Motorhead has released 22 studio albums with Lemmy as its only constant member. His last album was Bad Magic in 2015. He was regarded as the godfather for rock n roll endurance and genres like thrash and speed metal.

6. Noted Gujarati writer Raghuveer Chaudhary selected for 51st Jnanpith award
i. Eminent Gujarati litterateur Raghuveer Chaudhary was on 29 December 2015 selected for the 51st Jnanpith award for his contribution to the Indian literature.
ii. The decision was taken in a meeting of the Jnanpith Selection Board chaired by noted scholar Namwar Singh. Other members of the selection board are Shamim Hanfi, Harish Trivedi, Suranjan Das, Ramakant Rath, Chandrakant Patil, Alok Rai, Dinesh Misra and Leeladhar Mandloi.
iii. Chaudhary is the fourth Gujarati litterateur to bag this prestigious award after Uma Shankar Joshi (1967), Pannalal Patel (1985) and Rajendra Shah (2001).
iv. Born in 1938 in Gujarat, Raghuveer Chaudhary is a novelist, poet, critic, a prominent figure on contemporary Gujarati literary scene and a Gandhian. His talent has been influenced by works of Govardhanram Tripathi, Kaka Kalelkar, Suresh Joshi, Prof Ramdarash Mishra and Prof GN Dickey.
v. He authored more than 80 books and some of his notable novels include Amrita, Venu Vatsala, Purvarang and Laagni Samjyaa Vinaa Chuuta Padvanu. He also had worked as a columnist for numerous newspapers such as Sandesh, Janmabhumi, Nirikshaka and Divya Bhaskar.
vi. He was a teacher at the Gujarat University until his retirement in 1998. He has received numerous awards including Sahitya Akademi Award for his novel Trilogy Uparvaas in 1977.

7. China launched Gaofen-4 dual-use geostationary satellite
i. China on 29 December 2015 successfully launched Gaofen-4 Earth observation satellite toward a geostationary orbit from the Xichang Satellite Launch Centre in the south-western province of Sichuan. The Satellite was launched aboard a Long March-3B carrier rocket.
ii. Launched as a part of the China High-resolution Earth Observation System (CHEOS), Gaofen-4 is located at the orbit 36000 kilometres away from the earth and moves synchronously with the earth.
iii. It can see an oil tanker on the sea with a huge CMOS camera, reaching the best imaging level among global high-orbit remote sensing satellites. It will be used for disaster prevention and relief, surveillance of geological disasters and forest disasters, and meteorologic forecast. It will offer optical spatial resolution of better than 50 metres and infrared sensing capabilities from geostationary orbit.
iv. It is designed to operate for eight years at an altitude of almost 36000 km above the Earth. The satellite was launched as a part of Gaofen project that aims to launch seven high-definition observation satellites before 2020. Gaofen-1, the first satellite of the project, was launched in April 2013.

8. Veteran singer Subir Sen passed away
i. Veteran singer Subir Sen passed away on 29 December 2015 due to lung cancer in Kolkata. He was 81. He is survived by his wife and a daughter. Sen was condemned to be clone of senior and talented Hemant Kumar. From the 1950s till the 1980s, the melodious singer had sung a number of hit songs. He had also sung duets with Asha Bhonsle and Lata Mangeshkar.
ii. A hit film Aas ka Panchhi marked the peak of Sen’s popularity. Similarly, Chhoti Bahen had several duets by him and Lata Mangeshkar which dominated the charts of the time.
iii. Some of Sen’s well-known songs include Aa ja re nain dware from the Dev Anand-Waheeda Rehman starrer Roop Ki Rani Choron Ka Raja and Main rangeela pyar ka raahi in Chhoti Bahen.
iv. He was also known for his Bengali songs like Dhoronir pathey pathey, Monalisa tumi ki bolona and Saradin tomay cheye.

9. Ex Chief of Indian Army General Om Prakash Malhotra passed away
i. General Om Prakash Malhotra, former Punjab Governor and ex-Chief of Army, passed away on 29 December 2015 due to old age. He was 93. He is survived by his wife and two children. General Om Prakash Malhotra was the 13th Chief of Army Staff of the Indian Army from 1978 – 1981.
ii. He was born in Srinagar, Kashmir, in August 1922 and attended Government College in Lahore before being selected to join the Indian Military Academy, Dehradun. He was commissioned into the Regiment of Artillery.  He commanded different Artillery Regiments between November 1950 and July 1961.
iii. He was the Military Attache at the Indian Embassy in Moscow for over three years from June 1962. He served as the Ambassador of India to Indonesia from 1981 - 1984. He was appointed as the Governor of Punjab and Administrator of Chandigarh from 1990 - 1991.
iv. He was also the President of the Equestrian Federation of India for nearly nine years. For his outstanding services to the nation and the Indian Army, he was honoured with Param Vishsist Seva Medal in 1976. In 1994, he was conferred with the Degree of Doctor of Letters (Honours Causa) by the University of Jammu.

10. Indian Navy successfully test fires Barak-8 long range missile from INS Kolkata
i. In a boost to India’s maritime prowess, the Navy today successfully test-fired the nearly 70 KM range Surface to Air Missile Barak 8 from INS Kolkata, paving the way for installation of the system, developed jointly by India and Israel, on board country’s frontline warships. The Navy described the maiden firing of its newly developed Long Range Surface to Air Missile (LR SAM) as a significant milestone in enhancing its anti-air warfare capability.
ii. The firing was undertaken on the Western Seaboard by INS Kolkata, wherein the missile successfully intercepted an aerial target at extended ranges, a statement by Navy said. Two missiles were fired yesterday and today on high speed targets, during naval exercises being undertaken in the Arabian Sea.
iii. Apart from the missile, the system includes a Multi Functional Surveillance and Threat Alert Radar (MF STAR) for detection, tracking and guidance of the missile. The firing trial of the LR-SAM has been jointly carried out by the Indian Navy, DRDO and Israel Aerospace Industries.
iv. Israel made MF-STAR radar system is capable of simultaneously tracking hundreds of airborne targets to a range of more than 250 KM. DRDL, Hyderabad, a DRDO Lab, has jointly developed this missile in collaboration with Israel Aerospace Industries. The LR-SAM has been manufactured by M/s Bharat Dynamics Limited.
v. With the successful proving of these systems, the Indian Navy has become part of a select group of Navies that have this niche capability, which would provide a fillip to India’s maritime operations. The firing trial of the LR SAM has been jointly carried out by the Indian Navy, DRDO and Israel Aerospace Industries. It is expected that India and Israel are likely to win orders worth billions of dollars for the multi-purpose Barak-8 missile system.
vi. A Barak-8 battery, including the Adir radar system made by IAI subsidiary Elta Systems, a command and control system, and the missile launchers, is already installed on the deck of Israeli Navy ship Lahav, from which the new interceptor was fired last week as part of a complete trial of the system.

11. HAL ties up with Russian firm Rostech to build 200 Kamov helicopters
i. Under the "Make in India" initiative, Russian firm Rostech State Corporation has tied up with India's Hindustan Aeronautics Limited (HAL) to manufacture 200 Kamov 226T light helicopters. The new fleet of Kamovs will replace the ageing Cheetah and Chetak helicopters.
ii. The deal is estimated to be worth $1 billion, according to Press Trust of India report. It is believed Rostech will organise the production of the Kamov helicopters for at least 200 units.
iii. Last week, Prime Minister Narendra Modi met Russian President Vladimir Putin in Moscow. The two leaders signed a deal for Russian Kamovs to be manufactured in India under the "Make in India" initiative. The agreement also proiveded for maintenance, operation and repair facility of the helicopters in India.
iv. Of the 181 Cheetah and Chetak helicopters held by Indian Army, 51 were approximately 40 years old and 78 were between 30-40 years old, Press Trust of India quoted a CAG report as saying. "Rostech's competitive advantage lies in the fact that we are ready to deal with not only the localisation of helicopters in India, but also offer our partners the localisation of production technology," Rostech's CEO said in an official statement.
v. The Kamov 226T helicopters have a unique capability of operating in dense urban areas to mountainous regions such as Siachen, a Hindustan Times report stated. Prime Minister Narendra Modi will inaugurate a helicopter production facility at Tumakuru in Karnataka on Sunday, Press Trust of India reported.

12. Rakhi Haldar, Kavita Devi bagged gold at National Weightlifting Championship
i. Rakhi Haldar and Kavita Devi on 29 December 2015 bagged gold in their respective weight categories in the Senior National Weightlifting Championships held in Patiala, Punjab.
ii. Haldar lifted 94 kilograms in the snatch and 119 kilograms in clean and jerk to come up with a total lift of 213 kilograms in Women's 69 kilograms to grab the gold medal. Lalchhanhimi bagged the silver with a total lift of 210 kilograms, while Rajwant Kaur finished with a bronze with an overall effort of 201 kilograms.
iii. In Women's 75 kilograms category, Devi lifted 95 kilograms in snatch and 122 kilograms in clean and jerk for a total of 217 kilograms to win the top medal. Sushila Panwar and Daljit Kaur bagged the second and third positions with lifts of 213 kilograms and 198 kilograms, respectively.
iv. On the other hand, V A Christopher clinched the gold medal in Men's 105 kilograms with an overall lift of 329 kilograms, while Laljit Singh accumulated 317 kilograms to settle for silver. Rashpal Singh, who also came up with a total lift of 317 kilograms, had to settle on a bronze.

13. Gujarat clinched maiden Vijay Hazare Trophy
i. Gujarat on 28 December 2015 clinched the Vijay Hazare Cricket Trophy. It is the first time that Gujarat won the trophy. In the final of the limited overs tournament, Gujarat defeated Delhi by 139 runs at M Chinnaswamy Stadium, Bengaluru. The 2015–16 Vijay Hazare Trophy was the 14th season of the Vijay Hazare Trophy.
ii. The Vijay Hazare Trophy is also known as the Ranji One Day Trophy.
iii. It was started in 2002–03 as a limited-overs cricket domestic competition involving state teams from the Ranji Trophy plates.
iv. From the tournament's inaugural edition during the 1993–94 season through to the 2001–02 season, no finals were held, and teams consequently played only within their zones, with no overall winner named.


Daily GK Update: 29th December, 2015

1. Union Government links LPG subsidy to income
i. Union Government has announced to link LPG subsidy to income of consumers in order to ensure that the subsidy benefits go to the targeted group. Henceforth, the LPG subsidy will not be available to LPG consumers if the consumer or his/her spouse has taxable income of more than ten lakh rupees.
ii. This income would be as per the previous financial year computed under Income Tax Act, 1961. This decision will be given effect to initially on self-declaration basis of LPG consumers while booking cylinders January 2016.


iii. This move will affect at least 60 lakh LPG consumers of the total 16.5 crore LPG consumers in the country and Government will save upto Rs. 113 crore from this decision.
iv. Earlier under the ‘Give it Up’ campaign many LPG consumers had given up their subsidy voluntarily but Government felt that consumers in the higher income bracket should get LPG cylinders at the market price. So far, 57.50 lakh LPG consumers have opted out of LPG subsidy voluntarily under the campaign that aims to ensure that the subsidy benefits go to the targeted group.

2. Ministry of Women and Child Development launches e-office
i. Union Ministry of Women and Child Development (WCD) has introduced e-office, an initiative which will help provide efficient services to the people by digitizing more than 12,000 files. It was formally launched by WCD Minister Maneka Sanjay Gandhi in New Delhi on the lines with the spirit of Good Governance initiative of Union Government.
ii. The e-office project of the Ministry was initiated in July, 2015 and more than 12,000 files of the Ministry have been digitized. Various modules of this e-office are Knowledge Management System, File Management System, Leave Management System and Tour Management System.
iii. Personnel Information Management System module of this e-office is likely to start from the 1 January, 2016. All the attached offices of the ministry are also going to come under the e-office platform.
iv. The e-office will result in substantial decrease of processing time which will directly affect the delivery mechanism of the WCD Ministry. It would also result in better accountability and transparency and will ultimately result in higher manpower efficiency.

3. 18th India-Iran Joint Commission Meeting held in New Delhi
i. The 18th Session of the India-Iran Joint Commission Meeting (JCM) was held on 28 December 2015 in New Delhi. The session was co-chaired by External Affairs Minister of India (EAM) Sushma Swaraj and Ali Tayebnia, Minister of Economic Affairs and Finance of Iran.
ii. Both the leaders reviewed the progress in trade and economic cooperation and a number of related matters. They also discussed the possibilities in cooperation in railways, including by supply of rails, rolling stock and signaling.
iii. India stressed that connectivity afforded by Indian participation in Chahbahar Port will facilitate linking Afghanistan and Central Asia with India. The Iranian side suggested participation of India’s public and private sectors in development of Chahbahar Port and Chahbahar Free Trade Zone (FTZ) and in setting up industrial units in the FTZ.
iv. India emphasized the need for early completion of all necessary procedures for India’s participation in Farzad-B field and pointed out India’s desire to participate in other oil and gas explorations in Iran as well. They reviewed works related to India’s participation in Chahbahar – Zahedan -Mashhad railway line.
v. This is the first JCM since the conclusion of the Vienna Agreement. The agreement was reached between P5+1 countries and Iran on 14 July 2015 and paves the way for peaceful resolution of outstanding issues related to Iran’s nuclear programme.

4. Oscar-winning cinematographer Haskell Wexler passed away
i. Oscar-winning cinematographer Haskell Wexler died peacefully in his sleep on 27 December 2015 in California, US. He was 93. He was one of the America’s most influential cinematographers. He was best known for his work in films like One Flew Over the Cuckoo’s Nest and American Graffiti.
ii. He was born on 6 February 1922 in Chicago, US. He was known for his work on films like Coming Home and In the Heat of the Night. He had worked as director of photography on films including The Best Man and Mulholland Falls. He also produced and directed 1969’s Medium Cool.
iii. He was also recognised for his documentary work on the Emmy-winning Paul Jacobs and the Nuclear Gang and Interviews with My Lai Veterans for which he won Academy Award.
iv. He won Oscar Awards for his films including Who’s Afraid of Virginia Wolf? (1966) and Bound for Glory (1976). He was first cinematographer to receive star on the Hollywood Walk of Fame in 1996.

5. Report of Vijay Kelkar Committee on Revisiting & Revitalizing PPP Model released
i. The Union Ministry of Finance on 28 December 2015 released the report of the Committee on Revisiting and Revitalising Public Private Partnership (PPP) Model. The 9-member committee was headed by former Finance Secretary Vijay Kelkar and submitted its report on 19 November 2015.
ii. The committee was constituted on 26 May 2015 to review the experience of PPP Policy and suggest measures to improve capacity building in Government for their effective implementation. More importantly, the committee recognized the PPP Model in infrastructure as a valuable instrument to speed up infrastructure development in India.
iii. Hence, it called for PPP contracts need to focus more on service delivery instead of fiscal benefits alone. The recommendations of the committee are of relevance to the overall growth of the economy as PPP projects have become the preferred mode to develop large scale infrastructure projects.
iv. At present, over 12007 PPP projects are under implementation across the country, involving about 7.2 lakh crore rupees worth of investment. 
v. The committee recommended the Government may take early action to amend the Prevention of Corruption Act, 1988 which does not distinguish between genuine errors in decision-making and acts. This is necessary to make only malafide action by public servants punishable and not errors.
vi. The Committee strongly endorsed setting up of the “3PI” which can, in addition to functioning as a centre of excellence in PPPs, enable research, review and roll out activities to build capacity, etc.
vii. The committee advised against adopting PPP structures for very small projects, since the benefits of delivering small PPP projects may not be commensurate with the resulting costs and the complexity of managing such partnerships over a long period.

6. RBI released report of Deepak Mohanty Committee on Medium-term Path on Financial Inclusion
i. The Reserve Bank of India on 28 December 2015 released the Report of the Committee on Medium-term Path on Financial Inclusion. The committee was constituted on 15 July 2015 by the RBI with the objective of working out a medium-term (five year) measurable action plan for financial inclusion. The 14-member committee was headed by RBI Executive Director Deepak Mohanty.
ii. Banks have to make special efforts to step up account opening for females, and the Government may consider a deposit scheme for the girl child – Sukanya Shiksha - as a welfare measure. Given the predominance of individual account holdings (94 per cent of total credit accounts), a unique biometric identifier such as Aadhaar should be linked to each individual credit account.
iii. Account lined Aadhaar and the credit information should be shared with companies to enhance the stability of the credit system and improve access. To improve ‘last mile’ service delivery and to translate financial access into enhanced convenience and usage, a low-cost solution should be developed by utilisation of the mobile banking facility for maximum possible G2P payments.
iv. In order to increase formal credit supply to all agrarian segments, digitisation of land records is the way forward. This should be backed by an Aadhaar-linked mechanism for Credit Eligibility Certificates to facilitate credit flow to actual cultivators.
v. A scheme of ‘Gold KCC’ (kisan credit card) with higher flexibility for borrowers with prompt repayment records, which could be dovetailed with a government-sponsored personal insurance, and digitisation of KCC to track expenditure pattern. Encourage multiple guarantee agencies to provide credit guarantees in niche areas for micro and small enterprises (MSEs), and explore possibilities for counter guarantee and re-insurance.
vi. State Level Bankers Committees (SLBCs) are advised to focus more on inter-institutional issues, livelihood models, social cash transfer, gender inclusion, Aadhaar seeding, universal account opening, and less on credit deposit ratio which is a by-product. As a part of second generation reforms, the government can replace the current agricultural input subsidies on fertilisers, power and irrigation by a direct income transfer scheme.

7. Amitabh Kant got additional charge of CEO of NITI Aayog
i. The Appointments Committee of the Cabinet, presided by Prime Minister Narendra Modi, on 28 December 2015 gave Amitabh Kant the additional responsibility of being Chief Executive Officer of NITI Aayog, effective 31 December 2015.
ii. Kant will replace the incumbent NITI Aayog CEO Sindhushree Khullar whose extended tenure will end on 31 December 2015. The IAS officer of 1980 Batch of Kerala Cadre, Kant is currently serving as Secretary, Department of Industrial Policy and Promotion (DIPP). He is set to superannuate on 28 February 2016.
iii. The National Institution for Transforming India Aayog (NITI Aayog) is a Government of India policy think-tank. It was formed on 1 January 2015 by Prime Minister Narendra Modi to replace the Planning Commission.
iv. The Aayog aims at fostering involvement and participation in the economic policy-making process by the State Governments of India. One of the important mandates of NITI Aayog is to bring cooperative competitive federalism.

8. Renowned science-fiction writer George Clayton Johnson died
i. Popular science-fiction writer George Clayton Johnson, who penned the script for the first Star Trek episode, The Man Trap, passed away on 25 December 2015 due to cancer in Los Angeles, California. He was 86.
ii. Born on 10 July 1929 in Cheyenne, Wyoming, Johnson debuted into the entertainment business in 1959 when he wrote the I’ll Take Care of You episode for Alfred Hitchcock Presents.
iii. The renowned writer is also known for co-writing the novel Logan's Run with William F. Nolan, the basis for the MGM 1976 film. Besides, his television scripts for The Twilight Zone including Nothing in the Dark, Kick the Can, A Game of Pool, and A Penny for Your Thoughts earned him immense fame.
iv. Johnson was also the proprietor of Cafe Frankenstein, and co-created the comic book series Deepest Dimension Terror Anthology with cartoonist and author Jay Allen Sanford for Revolutionary Comics.

9. Globe Soccer Awards 2015 conferred
i. The Globe Soccer on 27 December 2015 presented the sixth edition of Globe Soccer Awards 2015 to the winners at a ceremony held in Dubai, UAE. Awarded for excellences in the field of football, Globe Soccer Awards are the first and only awards for the Best Club Director and the Best Agent of the Year.
ii. The awards conferred were based on the performance of the players and football clubs in 2015. Globe Soccer was created and built by BC Bendoni Consulting to facilitate intercontinental dialogue among the main players in the football world, with opportunities to meet and discuss for the game’s institutions, clubs, leagues and transfer market operators.
  • Best Player of the Year - Lionel Messi
  • Best President of the Year - Josep Maria Bartomeu
  • Best Club of the Year - F.C. Barcelona
  • Best Media Attraction in Football - F.C. Barcelona
  • Best Coach of the Year - Marc Wilmots
  • Best Agent of the Year - Jorge Mendes
  • Best Referee of the Year - Ravshan Irmatov
  • Best Academy of the Year - Benfica