Home Daily Updates IMPORTANT CURRENT AFFAIRS & DAILY NEWS UPDATES : 24 - JULY - 2016
IMPORTANT CURRENT AFFAIRS & DAILY NEWS UPDATES : 24 - JULY - 2016
Friday, 29 July 2016 07:46


RMI'S Current Affairs - https://www.facebook.com/RMIS-Current-Affairs


24- JULY - 2016

 

NARENDRA MODI AND SHEIKH HASINA INAUGURATE PETRAPOLE INTEGRATED CHECK POST

Prime Minister of India Narendra Modi and the Prime Minister of Bangladesh Sheikh Hasina jointly inaugurated the Petrapole Integrated Check Post (ICP).

PM Modi and PM Hasina inaugurated the check post through video-conferencing.

The Petrapole checkpost will help in promoting bilateral trade and will also boost economic growth of both countries.

Petrapole-Benapole is an important land border crossing for India-Bangladesh trade as more than 50% of the India-Bangladesh trade passes through Petrapole.

Key highlights of the Petrapole Integrated Check Post

Petrapole is the Indian side of Petrapole-Benapole border checkpoint between India and Benapole of Bangladesh.

It is located near Bongaon in North 24 Parganas district of West Bengal.

Petrapole border is the only land port in south Bengal.

It is the largest land customs station in Asia.

This check post accounts for more than half of the 4 billion US dollar trade with Bangladesh.

The landport accounts for nearly 60 per cent of the bilateral trade between India and Bangladesh.

The total traffic via the landport in 2029-30 has been projected as 2938 trucks per day and the passenger traffic is projected to be 3924 people per day.

Petrapole ICP is the second ICP on the India-Bangladesh border after the Agartala ICP at the Agartala-Akhaura land border.

SUSTAINABLE DEVELOPMENT GOAL INDEX RELEASED; INDIA RANKED 110TH

Sustainable Development Solutions Network (SDSN) of the United Nations and the Bertelsmann Stiftung launched a new Sustainable Development Goal Index (SDG Index) to provide a report card for tracking SDG progress and ensuring accountability.

SDG Index is the world’s first comparative study of the Sustainable Development Goals for 149 countries

The SDG Index assess where each country stands in 2016 with regard to achieving the SDGs. The SDG Index ranks countries based on their performance across 17 goals.

The index has been topped by Sweden and India is ranked 110th in the index and is followed by Lesotho on 113th position, Pakistan (115), Myanmar (117), Bangladesh (118) and Afghanistan (139).

Key Highlights of SDG Index

•    The countries which are closest to fulfilling the goals are not the biggest economies but comparably small, developed countries.

•    Sweden, Denmark and Norway are the top three performing countries.

•    Germany and the United Kingdom are the only G7 countries to be found among the top ten performers

•    The United States ranks 25th on the Index, while the Russian Federation and China rank 47th and 76th, respectively.

•    Poor and developing countries understandably score lowest on the SDG Index as they often have comparably little resources at their disposal.

•    The Central African Republic and Liberia are at the bottom of the Index.

•    OECD countries struggle to meet the goals on inequality, sustainable consumption, climate change and ecosystems

•    Many developing countries face major difficulties in providing basic social services and infrastructure access to their populations.

•    East and South Asia outperform many other developing regions but unmet challenges persist in health and education.

•    A year after world leaders adopted the SDGs, the new index shows that all countries face major challenges in achieving these ambitious goals by 2030.

•    No country has achieved the SDGs and even top Sweden scores "red" on several goals.

The report shows how leaders can deliver on their promise and urges countries not to lose the momentum for important reforms.

In order to achieve the ambitious goals, immediate and comprehensive action is needed in the crucial.

LOK SABHA PASSES BILL TO ESTABLISH NEW NIT IN ANDHRA PRADESH

The Lok Sabha passed the National Institute of Technology, Science, Education and Research (Amendment) (NITSER) Bill, 2016.

The bill seeks to establish a new National Institute of Technology (NIT) in Andhra Pradesh as an institute of national importance under the NITSER Act, 2007 with an effect from August 2015.

Highlights of the Bill

• The Bill is in keeping with the Andhra Pradesh Reorganisation Act, 2014, which provides for a NIT for the state after its bifurcation as the existing NIT went to Telangana.

• It amends the NITSER Act 2007 so as to establish an additional NIT in Andhra Pradesh.

• 40 crore rupees have been allocated for the establishment of the new NIT in the current financial year.

• An outlay of 226 crore rupees has been made for the institute over the next three years.

GANESH SINGH APPOINTED HEAD OF JOINT PARLIAMENTARY COMMITTEE FOR LAND ACQUISITION BILL

BJP Lok Sabha member Ganesh Singh was appointed the new Chairperson of the Joint Committee of Parliament examining the Land Acquisition Bill.

Singh replaced S S Ahluwalia, who became Minister of the State for Parliamentary Affairs in reshuffle of the council of ministers on 5 July 2016.

After the appointment, Singh will have to move a resolution in the Lok Sabha seeking the seventh extension of the term of the panel.

Who is Ganesh Singh?

Ganesh Singh is a member of the 16th Lok Sabha of India.

He is a member of the Bharatiya Janata Party (BJP) political party.

He represents the Satna constituency of Madhya Pradesh.

About The Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement (Second Amendment) Bill, 2015

The Bill amends the principal Act passed in 2013.

The Bill enables the government to exempt five categories of projects from the requirements of: (i) social impact assessment, (ii) restrictions on acquisition of multi-cropped land, and (iii) consent for private projects and public private partnerships (PPPs) projects.

The five categories of projects are defence, rural infrastructure, affordable housing, industrial corridors, and infrastructure.

The Act deemed the head of a government department guilty for an offence by the department.  The Bill removes this, and adds the requirement of prior sanction to prosecute a government employee.

PRIME MINISTER NARENDRA MODI UNVEILS FOUNDATION STONE FOR REVIVAL OF FERTILIZER UNIT AT GORAKHPUR

Prime Minister Narendra Modi unveiled the foundation stone for the revival of gas based Gorakhpur Fertilizer Plant at Gorakhpur, Uttar Pradesh.

The plant is implemented by Hindustan Urvarak Rasayan Limited, which is a joint venture between the Coal India Limited (CIL) and the NTPC Limited.

The revival of the plant entails an investment of 6000 crore rupees in the equity pattern of 50 per cent each between both the Central Public Sector Enterprises.

How the revival of Gorakhpur Fertilizer Plant will help the farmers?

The revival of the plant will help the farming community getting urea timely.

It will usher in a new era of rural progress and prosperity in the country especially in the eastern parts of the country.

The revitalization of these plants will help generate 1.27 million tonne per annum of urea along with other associated chemicals from each plant, bridging the demand supply gap of urea.

The other positive output will be employment generation opportunities locally.

The gas will be made available through the proposed Jagdishpur-Haldia pipeline to be constructed by GAIL.

Earlier on 16 May 2016, CIL and NTPC Limited have formally inked the Joint Venture agreement for the revival of the fertilizer plant.

 

 

 

 

#‎RAY‬ - ‪#‎Empowering‬ ‪#‎Talent‬ ‪#‎Since‬ 1971
www.rosemaryinstitute.com