Saturday, 10 December 2016 05:45




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


30- NOVEMBER - 2016




The Board of Tata Steel voted to remove Cyrus Mistry as the Chairman of the company.

The Board voted to appoint O.P. Bhatt, former Chairman of State Bank of India, as the Interim Chairman of the company.

The company also stated that it has summoned an Extraordinary General Meeting (EGM) on 21 December 2016 to remove Mistry and Nusli Wadia, who is an independent director, from the company’s board.

Six Tata Group companies, namely Tata Steel, Tata Motors, Tata Consultancy Services (TCS), Tata Power, Tata Chemicals and Indian Hotels Company (IHCL), have convened EGMs to remove Mistry as Director from their respective boards.

Recently, the Board of Tata Global Beverages had removed him as the Chairman of the company. Earlier, TCS had also replaced him with Ishaat Hussain as the Interim Chairman. On 24 October 2016, the Board of Tata Sons Ltd had replaced Mistry as Chairman of the India’s largest conglomerate.

About Tata Steel

Tata Steel Limited is an Indian multinational steel-making company, and a subsidiary of the Tata Group.

It was formerly known as Tata Iron and Steel Company Limited (TISCO).

It is headquartered in Mumbai, Maharashtra.

It was founded by Jamshedji Tata and established by Dorabji Tata on 26 August 1907.

It was the 11th largest steel producing company in the world in 2013.

The company’s largest plant is located in Jamshedpur, Jharkhand.

In 2007, it acquired the UK-based steel maker Corus.

In 2014, it was ranked 486th in the Fortune Global 500 ranking of the world's biggest corporations.

As per Brand Finance, it was the seventh most valuable Indian brand of 2013.


Former Prime Minister, Francois Fillon has won France’s conservative presidential primary, defeating opponent Alain Juppe by a landslide.

He will be up against National Front leader Marine Le Pen in the final presidential race, scheduled to be held in 2017.  His vote count amounted to about 69.5% in comparison to Juppe’s 30.5%.

While Fillon’s political campaign mainly revolved around the promise of radical economic reforms, Juppe was more on the moderate side and warned of encroaching populism.

Some campaign promises made by Fillon

• Cutting down on public spending

• Reduce immigration to a minimum

• Support for traditional family values

• Friendlier ties with Russia and its President- Vladimir Putin

While Juppe’s ideology was more or less similar to that of Fillon’s when it came to the country’s economy like reducing the number of civil servants, raising the retirement age from 62 to 65 and ending the 35-hour work week, his ideology towards Russia was completely different, as he felt instead of extending a friendly hand, France should put more pressure on Putin.

Juppe also had a more tolerant attitude towards the country’s ethnic, religious and social diversity, which probably played a major role in making him the initial favourite in the race. However, he lost out when there was an unexpected surge in Fillon’s supporters in the last few weeks.

For Fillon, his toughest challenge still remains, as his opponent, Le Pen is running an anti-establishment campaign targeting mainly immigrants, France’s large Muslim minority and the European Union. Current President Francois Hollande is also yet to announce whether or not he will be running in the race next year.

However, as far as the polls go, 62-year-old Fillon, who served as the Prime Minister of France from 2007- 2012, has an incredibly good chance of winning the presidential elections.


The website Dictionary.com named the word 'Xenophobia' as the Word of the Year for 2016.

According to Dictionary.com, there was a massive surge in lookups for the word 'Xenophobia' that was larger than any of the peaks seen in 2016. This rise in lookups was connected to attacks on foreign workers and overall rising xenophobia in South Africa.

The largest spike in Dictionary.com’s data for the word was in the month of June 2016 with a 938 per cent increase in lookups.

Etymology of Xenophobia

The word Xenophobia has Greek roots. The etymology of the word can be broken down to 'xenos,' which means 'stranger' or 'guest,' and 'phobos,' meaning 'fear' or 'panic.'

What does the word mean?

The word has two definitions on the Dictionary.com:

1. fear or hatred of foreigners, people from different cultures, or strangers.

2. fear or dislike of the customs, dress, etc., of people who are culturally different from oneself.

Earlier in November 2016, the word ‘Post Truth’ was named as word of the year 2016 by Oxford Dictionaries. The word was selected after research conducted by Oxford Dictionaries unraveled the fact that the use of the word post-truth saw an increase of about 2000 per cent over its usage in 2015.


Conflicts of Interest: My Journey through India's Green Movement: Sunita Narain

The book titled Conflicts of Interest: My Journey through India's Green Movement was in news in the last week of November 2016 as it was acquired by Penguin India.

The book is Narain’s personal account. The book includes an “environmental manifesto” in which she lays out an outline for the direction India must take, if it is to deal with the exigencies of climate change and environmental degradation.

In the book, Narain goes on to discuss how corporate lobbies and political interests often scuttle effective resolution of environmental issues.

Who is Sunita Narain?

Sunita Narain is an Indian environmentalist and political activist. She is also a proponent of the Green concept of sustainable development.

She is Director General of the India-based research institute the Centre for Science and Environment, Director of the Society for Environmental Communications.

She is also the Editor of the fortnightly magazine, Down To Earth.

In 2005, the Government of India honoured her with the Padma Shri.

In 20009, she was awarded an honorary Doctor of Science by the University of Calcutta.

In 2016, she was named in 100 Most Influential People of Time Magazine.

In 2016, she received the IAMCR Climate Change Communication Research in Action Award.


Amidst the confusion created by demonetization, the Indian state of Goa prepares itself to become the first state to operate cashless in the country from 31 December 2016.

This announcement was made by Defence Minister Manohar Parrikar, who is also the former Chief Minister of the state, during a rally at Sankhali on 25 November 2016. The plan includes making even small vendors selling perishable goods accustomed to mobile payment.

Key details

• All vendors would be given Mobile Money Identifier (MMI) codes when they register at the bank.

• Customers would be able to make the transaction by dialing *99# and following the instructions that appear on the screen.

• The information to be filled by them would include their bank account details, the total amount that is to be transferred along with the MMI code of the vendor.

• The mobile required to make the payment wouldn’t have to be a Smartphone.

• There will be no minimum limit on the cashless transfer of money and these transactions will also be immune from any sort of fees.

• This way the money will directly be debited from the sender’s account and credited to the receiver’s account. It will take away the hassle of installing swiping machines, especially in the case of small retailers and vendors.

• A drive to educate people on the working of the same system has already been initiated in Mapusa and Panaji.

However, such a move will not nullify the usage of debit/credit and ATM cards, as their usage will continue as usual and it also doesn’t mean a ban on cash transactions. The effort just aims to encourage the society to go cashless.

According to Goa’s Chief Secretary, RK Srivastava, the state has an added advantage due to its small size. With a population of 15 lakh, it already has around 17 lakh registered mobile connections and 22 lakh bank accounts. Srivastava also added that most people in Goa already use debit or credit cards to make their purchases.


The 47th International Film Festival of India (IFFI), which was inaugurated by noted filmmaker Ramesh Sippy on 20 November 2016, came to a close in Goa, India.

The inauguration of the event was also attended by the Union Minister of Information & Broadcasting – M Venkaiah Naidu and South Korea’s Ambassador to India- Hyun Cho. The focus country this time was the Republic of Korea.

The festival saw the screening of over 300 films from as many as 90 countries across the globe and saw participation from several young filmmakers. It also hosted a special screening of award-winning films from the first-ever BRICS film festival and a series of 20 award-winning short films based on the ‘Swachh Bharat' campaign theme.

While Poland’s official entry to the 89th Academy Awards, ‘Afterimage’ by Andrzej Wajda opened the festival, South Korea’s official entry ‘The Age of Shadows’ by Kim Jee-Woon brought the curtains down.

Key Highlights

• Legendary Korean filmmaker Im Kwon-Taek was honoured with ‘The Lifetime Achievement Award’. He has a lot of acclaimed pieces of work to his name including films like Chunhyang, Chihwaseon, and Mandala.

• Iranian drama film ‘Daughter’ directed by Reza Mirkarimi beat 21 others to claim the Golden Peacock award for ‘Best film’. Along with the trophy, the film also won a cash prize of Rs 40 lakh.

• The film’s male lead Farhad Aslani won the Silver Peacock for the best actor male.

• Best actor female award went to Elina Vaska for her role in Latvian film – Mellow Mud.

• Silver Peacock for best director went to Soner Caner and Baris Kaya, co-directors of Turkish film- Rauf. They also won a cash prize of Rs. 15 lakh.

• Lee Joon-ik, South Korean director of film – 'The Throne' won the special jury award. He was honoured with the Silver Peacock and a cash prize of Rs.15 lakh.

• The ICFT- Unesco Gandhi medal was given to the Turkish drama film- ‘Cold of Kalandar’- directed by Mustafa Kara. The film was chosen for such a prestigious award for its ethnic values and respect for the environment.

• ‘The Apology’ by Toronto-based Tiffany Hsiung received a special mention in the Gandhi Medal competition.

• The Centenary award for the ‘Best Debut Film of a Director’ went to Pepa San Martin for her Spanish film 'Rara' and the Centenary award for 'Indian Film Personality of the Year' went to actor and playback singer, S.P. Balasubrahmanyam.

Besides this, another main highlight of the festival was the premiere of ‘Bahubali: The Conclusion’ by national award winning director S S Rajamouli, who was also the chief guest of the closing ceremony.

Also present in the closing ceremony were other eminent personalities such as Minister of Information and Broadcasting Rajyavardhan Rathore, Governor of Goa Mridula Sinha and Chief Minister Laxmikant Parsekar.


Radha Mohan Singh, Union Agriculture and Farmers Welfare Minister, launched e-Pashuhaat portal (www.epashuhaat.gov.in).

It is for the first time in the world that a portal has been specifically developed for connecting breeders and farmers regarding availability of bovine germplasm.

Through the portal breeders and farmers can sell and purchase breeding stock, can garner information on all forms of germplasm including semen, embryos and live animals with all the agencies and stake holders in the country that has been uploaded on the portal.

The portal will also facilitate the farmers about the availability of quality disease free bovine germplasm with different agencies in the country. The portal will lead to propagation of high genetic merit germplasm.

Objectives of the portal

E-Trading Market portal for livestock germplasm and additional related services.

Connecting farmers with breeders - Central, State, Co-operative, Milk Federations, and private agencies.

Real time authentic certified information on availability of germplasm.


India has the largest bovine population in the world. It has 14% of the world cattle population with a population of 199 million cattle. With 105 million buffaloes, it has 53% of the world buffalo population. Of these, 60 million cattle are owned by marginal, small and medium farmer households with an average herd size of 2-3 milch animals.

80% of the Indigenous cattle are non-descript and 20% belong to 37 breeds recognised by National Bureau of Animal Genetic Resources (NBAGR).

The Indigenous bovine breeds are sturdy, endowed with the quality of heat tolerance, resistance to diseases and ticks with the ability to thrive under extreme climatic conditions and survive with low inputs.

The portal will help in establishing links between ‘farmer to farmer’ and ‘farmer to institutes’. Therefore, it will minimise the involvement of middlemen and will create a comparative Farm Network that will facilitate farmers to exchange local knowledge and resources.



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Last Updated on Monday, 12 December 2016 05:29