Home Daily Updates IMPORTANT CURRENT AFFAIRS & DAILY NEWS UPDATES : 09 - DECEMBER - 2016
IMPORTANT CURRENT AFFAIRS & DAILY NEWS UPDATES : 09 - DECEMBER - 2016
Monday, 12 December 2016 05:43

 

 

 



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DAILY NEWS UPDATES

09- DECEMBER - 2016

 

:: NATIONAL ::

INDIA, U.S. TALK DEFENCE PARTNERSHIP

  • India and the U.S. finalised the specifications for designating India a ‘Major Defence Partner’ of the U.S.
  • This status puts India on a par with the closest allies and partners of the U.S. The agreement was reached between Defence Minister Manohar Parrikar and U.S. Secretary of Defence Ashton Carter in Delhi. India was accorded this status during Prime Minister Narendra Modi’s visit to Washington in June.
  • The finalisation reached pertains to U.S. licensing rules and stipulations on which non-papers were exchanged by both sides. This status is bestowed upon the North Atlantic Treaty Organisation (NATO) countries and the U.S. treaty allies such as Australia, New Zealand, the Philippines, Japan and South Korea.
  • In the past two years, some major agreements were signed, including the Defence Framework Agreement in 2015, which laid a blueprint for collaboration between the defence establishments and the logistics support agreement Logistics Exchange Memorandum of Agreement (LEMOA).

:: INTERNATIONAL ::

INDIA, RUSSIA EYE REVERSING GAS FLOW TO CHINA

  • India is in early talks with Russia to swap natural gas with China and Myanmar as an alternative to building the world’s most expensive pipeline costing close to $25 billion.
  • The two nations had in October signed an initial pact for building a 4,500 km to 6,000 km long pipeline from Siberia to the world’s third-biggest energy consuming nation.

:: BUSINESS AND ECONOMY ::

CENTRE TEXTILE EXPORTS GOAL ‘HARD TO ACHIEVE’

  • The government admitted it may be “hard to achieve” the $48 billion target for textiles and garment exports for 2016-17, mainly because of less demand in major markets such as the U.S., EU and China.
  • Overall exports of textiles and garments from India in 2015-16 was $40 billion, falling way short of the $47.5 billion target.

:: IMPORTANT DETAILED NEWS ::

AMAZON LAUNCHES GLOBAL STARTUP PROGRAM LAUNCHPAD IN INDIA

E-commerce giant Amazon launched its global startup program named Launchpad in India. The Launchpad programme was launched with an aim to enable Indian startups to sell their products overseas.

In this regard, Amazon India tied up with Start Up India programme of Department of Industrial Policy and Promotion (DIPP), NASSCOM's 10000 Startups, Indian Angel Network (IAN), NITI Aayog, Governments of Maharashtra, Telangana and TiE.

These tie-ups were made to roll in as many startups as it can.

Highlights of the Programme

• It aims to help startups to sell, market, and deliver their products to gain more visibility.

• It will provide an exceptional opportunity for Indian Startups to get access to big consumer markets nationally and internationally.

• Through this program, small entrepreneurs and innovators can use Amazon’s online platform to increase scale of their businesses and get easy access to global markets.

About Amazon

• Amazon is an American international electronic commerce company with headquarters in Seattle, Washington, United States.

• Founded in 1994 by Jeff Bezos, it is the world's largest online retailer.

• It entered into Indian e-commerce market in 2013 with the launch of its marketplace Amazon.in, offering books, movies and television shows for sale.

JUSTICE JS KHEHAR TO BE 44TH CHIEF JUSTICE OF INDIA

Chief Justice of India TS Thakur recommended Justice Jagdish Singh Khehar’s name to be the 44th Chief Justice of India. Justice Thakur wrote a letter recommending the name of Justice Khehar, who is the senior-most judge of the Supreme Court to be his successor.

Justice Khehar, 64, will be sworn-in as the Chief Justice of India on 4 January 2017. He will retire from his office on 27 August 2017, after serving the nation as Chief Justice of India for over seven months.

Justice Jagdish Singh Khehar appointed Executive Chairman of National Legal Services Authority

He will be the first Chief Justice of India from the Sikh community and succeed CJI Thakur who will be demitting office on 3 January 2017.

About Justice Jagdish Singh Khehar

SC declared National Judicial Appointments Commission (NJAC) unconstitutional

  • He led the five-judge constitution bench of the Supreme Court that struck down the National Judicial Appointments Commission (NJAC) Act for the appointment of judges.
  • He also led the bench that in January 2016 set aside the imposition of President’s rule in Arunachal Pradesh.
  • He also headed the bench that passed a verdict of equal pay for equal work for the benefit of people engaged as casual and contractual employees who work like regulars and daily wagers.
  • He was a part of the bench that sent Sahara Chief Subrata Roy to jail after hearing the matter relating to the refund of money invested by people in his two companies.

ARTIST HELEN MARTEN WINS 2016 TURNER PRIZE

Multimedia artist Helen Marten won the Turner Prize, which is Britain’s top award for contemporary art. The prize comes with a cash award of about USD 31800.

The Turner Prize is the second prize in a month for Marten, who also won the inaugural Hepworth Prize.

The nominees for the 2016 Turner Prize were Michael Dean, Anthea Hamilton, Helen Marten and Josephine Pryde.

Who is Helen Marten?

  • Helen Elizabeth Marten is an English artist based in London.

  • She works in sculpture, video and installation art.

  • She studied at the Ruskin School of Drawing and Fine Art at the University of Oxford from 2005 to 2008. Thereafter, she went to Central Saint Martins.

  • Her work has been included in the 56th Venice Biennale and the 20th Biennale of Sydney.

  • She is the winner of the 2012 LUMA Award and the 2011 Prix Lafayette, among others.

About Turner Prize

  • The Turner Prize is an annual prize presented to a British visual artist under the age of 50.

  • It is named after the English painter J. M. W. Turner.

  • Since its beginnings in 1984, the award has become the United Kingdom’s most publicised art award.

  • In 2015, the award was won by Assemble, which are a collective based in London who work across the fields of art, architecture and design.

DR AMBEDKAR’S BIRTHDAY TO BE CELEBRATED AS WATER DAY

Dr BR Ambedkar’s birthday, 14 April, will be observed as “Water Day” across India. The day will be observed to mark Ambedkar’s contribution in water resource management of the country.

Union Minister for Water Resources, River Development and Ganga Rejuvenation Uma Bharti announced the same while addressing a National Seminar on Marching ahead on Dr Ambedkar’s path of water resources management for inclusive growth. She was the Chief Guest of the seminar that was organised by Central Water Commission in New Delhi.

Nation pays homage to Bharat Ratna Dr BR Ambedkar on his Mahaparinirvan Diwas

The seminar was organised on 6 December 2016 to mark the 61st death anniversary of Dr Ambedkar.

The day will be observed with an aim to sensitise people about managing water resources, which is a precious resource for life.

Highlights of Uma Bharti's speech

  • She pitched for bringing reforms in the management of water resources across the nation and also suggested punishment for those who misuse water.
  • It’s time to know whether treated water is required for all purposes and people should know how to use treated and non-treated water
  • She referred to the Dr Mihir Shah report on restructuring of the Central Ground Water Board and the Central Water Commission (CWC) but said that the reforms should be acceptable to all.
  • She highlighted her ministry’s 99 Accelerated Irrigation Benefits Programme (AIBP) schemes, whose completion would help in irrigating about 80 lakh hectare additional lands. AIBP project will be completed by 2020.
  • She also called for redefining the flood management system of India, which would be taken to a positive direction.
  • During the seminar, the contribution of Dr Ambedkar in the field of water management and the way forward for ensuring the inclusive growth of all sections of the society was discussed.

Remembering Dr Bhimrao Ambedkar on 125th Birth Anniversary and his contribution to Indian Constitution

Ambedkar’s role in defining water management in India

  • During his tenure (1942 to 1946) as Member (Labour) of the Viceroy's Executive Council, Ambedkar was a guide in the formation of the policy for the development of water resources in India.
  • For formation of the policy, he laid the foundation of the Central Waterways, Irrigation and Navigation Commission (CWINC). CWINC later became the present-day CWC.
  • He was an advocate of the concept of River Valley Authority.
  • He was the man behind the existing multi-purpose development of Damodar Valley, Hirakud and other projects

 

 

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Last Updated on Monday, 12 December 2016 10:08
 

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