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April 20 to 25 Current Affairs

International Issues


Japan has pledged 7.4 billion dollars in development aid to five Southeast Asia nations in an effort to promote cooperation with countries in the Mekong region. Japanese Prime Minister Yoshihiko Noda announced the pledge at a Japan-Mekong summit in Tokyo, after meeting with leaders from Cambodia, Laos, Myanmar, Thailand and Vietnam. He said the stability and development of East Asia is not possible without the stability and development of the Mekong region.

Japan has also agreed to write off more than 3.7 billion dollar of debt owed by Myanmar and to resume aid as a way to support the country's democratic and economic reforms. The announcement of the debt write-off and resumption of aid was made jointly by the President Thein Sein of Myanmar and Japanese Prime Minister Yoshihiko Noda after talk in Tokyo. President Thein Sein is the first Myanmar leader to visit Japan for almost three decades.





Leading economies from the G-20 Group have pledged more than 430 billion dollars to International Monetary Fund's Emergency Fund. The move effectively doubles its lending capacity for shoring up Euro. At a G-20 Finance Ministers' Meeting in Washington, Russia, China and India also promised money.

A report says the resources will not be aim of any particular region and now be available for any member country of the IMF and these are intended to safeguard global financial stability. But in practice, the reason for this initiative is the crisis in the Euro Zone. The aim is to ensure that the International Monetary Fund has the resources to deal with a substantial deterioration in the European financial situation. The IMF could be called on to help countries in the Euro Zone or those outside if they were severely affected as a result.





The European Union suspended its sanctions against Myanmar on 23 April 2012 for a year. The EU move came in the back drop of a string of political reforms in the south-eastern Asian nation. The group however, maintained that it will hold on to restrictions on arms sales.

The measure, which was adopted by the bloc’s foreign ministers at a meeting in Luxembourg will currently target more than 800 companies and nearly 500 people, and include the withholding of some development aid.

The tough economic sanctions imposed on Myanmar by the European Union and US did not affect the country much as it maintained a flourishing relation with other economic power houses like China, Japan and India.

Japan, in a significant move to help Myanmar in continuing its reform process, on 21 April 2012 announced to forgive about 300 billion yen (3.7 billion dollar) of Myanmar’s debt and resume development aid to the country.





US and Afghanistan inked a long-awaited strategic pact on 22 April 2012. The pact aims at setting forth guidelines for U.S. involvement in Afghanistan as forces are withdrawn from the trouble-torn nation.

The pact provides a strong foundation for the security of Afghanistan, the region and the world. Both the countries took almost one year to reach on the mutual agreement. The agreement was expected to be inked before the NATO summit to be held in May 2012.

The agreement speaks for a smaller but longer-term U.S. presence in Afghanistan as it would give western leaders a rationale for supporting Kabul after combat troops are withdrawn in 2014. It also aims to reassure Afghans that the West will not cut and run, and is critical to Afghanistan's financial stability.

US army along with NATO troops has been present in Afghanistan from 2001, as the army is combating the radical Taliban militants in the country. The US forces in May 2011 had gunned down Osama Bin Laden in Abottabad in Pakistan but it proved to be of little help for the Afghanistan government as the country still suffers a great deal of terror every day. Thousands of people have been killed so far in the US war against terrorism in Afghanistan. The US president Barak Obama in an announcement made in 2010 said that the US army will hand over the internal security of Afghanistan to the Afghan security forces by 2014.





Pakistan successfully test-fired long-range Hatf IV, Shaheen 1A ballistic missile in the Indian Ocean. According to Inter Services Public Relations, the missile’s range and technical parameters have been improved while it is capable of carrying nuclear warhead.


National Issues


In Andhra Pradesh, production has begun in the first uranium mining and processing plant at Thummalapalli in YSR District.

It is estimated that over 48 million tonnes of quality uranium ore reserves are available at Thummalapalli. Built at a cost of over 11 hundred crore rupees in 900 hectares, the plant is expected to provide a major fillip to the country's much needed uranium fuel for nuclear programme.

The plant will treat the dolomite limestone based uraniferous ore and is the first in the country to adopt an alkali pressure leaching process for precessing. The final product shall be sodium di-uranate.





The government has approved 22 Foreign Direct Investment, FDI, Proposals amounting to over 586 Crore rupees. The proposals have been approved on the recommendations of Foreign Investment Promotion Board.

According to an official release issued in New Delhi, these include proposals from Electronics and Information Technology, Steel, Health and family welfare, Defence production, higher education, Information and Broadcasting and Telecommunication sectors.





A Comprehensive Pension and Life Insurance Scheme for manual or unskilled migrant overseas Indian worker will be launched on a pilot basis in Kerala, Dubai and Abu Dhabi. The modalities for implementation are being finalized.

A delegation of representatives from the Ministry of Overseas Indian Affairs, Ministry of Finance and the Pension Fund Regulatory Development Authority of India met the officials, representatives from banks, Money Exchange Centers, Community leaders in Abu Dhabi and Dubai to give final touches to implement the scheme. The Dubai round of meeting was chaired by Consul General Of India, Sanjay Verma, in Dubai.





India has asked G-20 countries to push for policies that create jobs and step up efforts to support investment in real sector. Speaking at the G-20 Finance Ministers and Central Bank Governors meet in Washington, Finance Minister Pranab Mukherjee stressed that credible action for both short and medium term policies to create jobs and employment needs to be a corner stone of the G-20 framework.

Mr. Mukherjee said, that there is a general concern over the global employment scenario especially the falling labour participation rate and growing youth unemployment. He also cautioned that, persistent high unemployment tends to have significant long-lasting detrimental impacts on the economy, holding back economic recovery further. He added that social tensions adversely affect productivity and growth in the medium to long-term.





The Department of Food and Public Distribution has signed an MoU with the United Nations World Food Programme, WFP, for scaling up computerization of Targeted Public Distribution System, TPDS, in the country. Under the MoU, the Department will facilitate the WFP TPDS computerization programme. It will also provide necessary information and suggest selection of States for implementation of programmes.

The WFP programme will assist the selected states to expedite their TDPS computerization programmes and compliment the ongoing efforts being made for modernization of TDPS by the Centre and State Governments. The MoU provides for development and implementation of additional TPDS Pilot projects based on the WFP model in Rayagada district of Odisha where in partnership with the WFP, the state Government is implementing a pilot project to strengthen the TPDS through use of new ration cards.





India has called for automatic exchange of information among all countries to deal with the menace of money laundering and terror financing. Addressing a meeting of G-20 Finance Ministers and Central Bank Governors in Washington, Finance Minister Pranab Mukherjee said that India believes that automatic exchange of information is one of the most effective ways to improve voluntary tax compliance and decrease tax evasion and there is a need to make it obligatory.

The Minister also expressed concern over the slow pace of quota and governance reforms of the International Monetary Fund (IMF). He said it is necessary to ensure legitimacy and effectiveness of the multilateral agency. Mr. Mukherjee said, India is disappointed at the pace of reforms on IMF quota and governance issues. He said, a dynamic process of reform is necessary to ensure the legitimacy and effectiveness of the Fund and the best possible means to improve governance and legitimacy is by ensuring that there is no slippage on crucial reforms.





The Indian telecoms regulator TRAI issued a directive to all mobile phone operators in India on 20 April 2012 making it mandatory for the operators to offer a per second billing option to customers. The new directive allowed telecoms carriers to charge up to four times the existing rates for premium services that mostly include phone calls and text messages sent to participate in TV and radio programmes.

The authority however does not intend to restrict the growth of services involving content to curb the revenue streams available for the service providers. The regulator has also retained the existing cap of 25 tariff plans that can be offered by access service providers including post-paid and pre-paid.





Karnataka government on 19 April 2012 signed a memorandum of understanding (MoU) with Mizuho Corporate Bank of Japan.

The high-level delegation from Karnataka met senior officials of Mizuho Corporate Bank. The MoU for mutual co-operation and investment promotion was signed between Karnataka Udyog Mitra and Mizuho Corporate Bank. The delegation, led by Murghesh Nirani, Minister for Large and Medium Industries, is conducting a road show in Japan to attract investments for the forthcoming Global Investors Meet in June.

The delegation during its meeting held with the management teams of Honda, Toyota and Sony asked the companies to continue their association with the state. The Minister also held meeting with several other Japanese companies including Mitsubishi, Hitachi, East Nippon Expressway Company in order to encourage them to invest in the state.





Telecom regulator TRAI on 19 April 2012 approved increase in processing fee for all mobile recharge coupons (top-up vouchers) priced above Rs 20. The government however left the processing fee unchanged for the vouchers below Rs 20. The processing fee is included within the MRP of recharge coupon purchased. The regulator cleared the increase of 50 per cent in the charge through an amendment made to the Telecom Tariff Order (TTO).

TRAI decided to increase the ceiling on Processing Fee on Top up vouchers to Rs 3 from Rs 2 in respect of Top up vouchers having maximum retail price (MRP) of Rs 20 and above. It is to continue with the existing ceiling of Rs 2 in respect of top up vouchers having MRP of less than Rs 20. TRAI exempted the top up vouchers of smaller denominations from hike in processing fee in order to protect interests of marginal and low usage subscribers.





The Union government on 19 April 2012 permitted companies engaged in the aviation sector to raise working capital resources through the external commercial borrowings (ECBs) route to the tune of $1 billion. The limit for individual airline companies was set at $300 million. This limit can be availed themselves of either in a lump sum or in tranches, depending on the utilisation of the limit during the one year when the facility is available. So far airlines were allowed to raise foreign capital only for import of capital equipment such as aircraft.

The policy decision in this respect will provide an additional source of low-cost capital to the airline industry and help them tide over its present financial crunch.





The Centre has sent 280 special teams to various states to investigate alleged irregularities in Mahatma Gandhi National Rural Employment Guarantee (MNREGA) .

The teams had been sent to Madhya Pradesh, Uttar Pradesh, Bihar, West Bengal, Chhattisgarh, Jharkhand, Rajasthan, Punjab, Odisha, Karnataka, Maharashtra and Gujarat among others.

The charges probed by them included siphoning off funds, misappropriation and misutilisation of money allotted for the scheme, preparation of fake job cards and muster rolls. As per norms, investigation of graft under MNREGA rests with the State governments concerned. However, the Ministry sends its special teams of National Level Monitors , which constitute retired civil servants and ex-servicemen, in cases where it suspects large scale corruption.

MNREGA was launched in 2005 to guarantee employment of minimum 100 days to people living below the poverty line.





Shri Sharad Pawar, Minister of Agriculture and Food Processing Industries inaugurated National Crop Forecast Centre (NCFC). Minister of State for Agriculture, Shri Harish Rawat and senior officers from the Ministry were also present on the occasion.

The NCFC, named after great Indian statistician P.C. Mahalanobis, has been set up in collaboration with Indian Space Research Organisation (ISRO) in a short period of six months. It will be responsible to prepare multiple in-season crop forecast and assessment of drought situation using state of the art techniques and methodology for selected major crops.





India is hosting the 41st Session of the International Sugar Council from 24th to 26th April 2012 at New Delhi. Briefing the media persons about the significance of the meet, Minister for Consumer Affairs, Food and Public Distribution Prof. K.V. Thomas said that the meet will provide an opportunity to Indian Sugar sector to apprise itself of the latest developments in sugar industry across the world. It will also be an occasion to showcase the Indian sugar sector before the world.

Delegates from 32 countries and EU have confirmed their participation at the session being held under the Chairmanship of Dr. B.C. Gupta, Secretary, Department of Food and Public Distribution, Government of India.





The Ministry of Labour and Employment is implementing its ‘Skill Development in 34 Districts Affected by Left Wing Extremism’ during the current financial year.

The scheme is to create Skill Development infrastructure in these districts closer to the people by establishing one ITI & two Skill Development Centers (SDCs) in each district and to run demand driven vocational training courses both long term and short term.

Under the scheme so far Proposals amounting to Rs.9264.07 Lakh have been received from 08 States namely Chhattisgarh, Bihar, Jharkhand, Madhya Pradesh, Maharashtra, Orissa, Uttar Pradesh and West Bengal and a total of Rs.6842.19 lakh has been released to these States. However, proposal from Andhra Pradesh is yet to be received.





Meeting of the Consultative Committee of the Parliament for the Ministry of Women and Child Development (WCD) was held. The declining sex ratio and role of Sabla, scheme for empowering adolescent girls, were discussed in the meeting. 

The Minister for Women and Child Development, Smt. Krishna Tirath, highlighted the issue of declining child sex ratio in many States in the country including Maharashtra, Rajasthan, Madhya Pradesh, and Nagaland. The Minister stated that the Child Sex Ratio which is 914 as per the 2011 census, indicates a larger societal issue which is multidimensional. 

It points to a societal mindset where largely preference is given to the male child due to several reasons. She underlined the importance of creating awareness about this grave situation and highlighted the need for change in the mindset within the society. She stated that Members of Parliament and members of Panchayati Raj Institutions can be the change agents and can work together towards on this issue. 

The Ministry’s schemes, such as Sabla and Dhanlaxmi, are designed towards empowering the adolescent girls, she stated. The Minister also stated that the Ministry has constituted a Sectoral Innovation Council on declining Child Sex Ratio.





The Rajya Sabha adopted the Right of Children to Free and Compulsory Education (Amendment) Bill 2010. The purpose of the Bill is to include children with disabilities in the definition of child belonging to disadvantaged group with a view to ensure that their specific needs are given precedence in the elementary education system. 

The Minister said, the government is also planning to start vocational education for children from 9th standard onwards.





The government has drafted a new youth policy in keeping pace with changing youth demography in the country. This was stated by the Minister of State for Youth Affairs and Sports Ajay Maken in a written reply in the Lok Sabha. He said that his Ministry has reviewed the schemes and programmes meant for development and promotion of the youth to make them more effective.

The Minister said the new youth policy has been drafted with special emphasis on promotion of national values, social harmony and national unity. Mr. Maken said that the policy which has been circulated to all state governments has also provisions to promote gender justice and equality, participation in community service and preparing adolescents for facing challenges of life.





The Centre has released an amount of about seventy lakh rupees for a skill development programme being implemented in 34 districts in eight states affected by Left wing extremism.

A Ministry of Labour and Employment release said that so far proposals amounting to more than nine thousand lakh rupees have been received from Chhattisgarh, Bihar, Jharkhand, Madhya Pradesh, Maharashtra, Orissa, Uttar Pradesh and West Bengal.





Prime Minister Manmohan Singh has constituted an Empowered Group of Ministers (EGoM) for effective management to deal with drought like situation. 

The 11 member EGoM, will be headed by Finance Minister Pranab Mukherjee.

The EGoM is authorized to review the situation and take "quick and timely decisions" on policy issues as well as other issues for effective management of drought and related issues.





The government said losses made by national carrier Air India could be around 7,853 crore rupees in financial year 2011-12. Civil Aviation minister Ajit Singh said induction of upfront equity of 6,750 crore rupees, including 1,200 crore rupees provided in the budget of 2011-12 was part of the government's financial package to Air India.Responding to a question in the Lok Sabha, Mr Singh said an equity for cash deficit support of 4,552 crore rupees till 2021 and equity for already guaranteed aircraft loan of 18.929 crore rupees till financial year 2021 had already been approved.

The Minister informed that government guarantee for repayment of principal amount and payment of interest of the non-convertible debentures of 7,400 crore rupees proposed to be issued to financial institutions like LIC and banks which will be used to repay part of working capital loans, had also been approved.





The government is considering a proposal to start vocational courses from school to graduate level. The Human Resource Development Ministry is processing the National Vocational Qualification Framework, NVEQF, to set common principles for imparting vocational education in the country.

The scheme will cover schools and vocational education training institutes. Institutions of higher education will also come under its purview. The scheme will be implemented after Cabinet approval. This information was given by the Minister of State for Human Resource Development, Dr. D. Purandeswari, in the Lok Sabha. She said there have been extensive consultations with the States in formulating the proposed vocational education pattern.


Bilateral Issues


India and Nepal have agreed to expedite work on the proposed Jayanagar-Baridabas rail link which will lead to easier and faster connectivity between the two countries. Officials from the two countries visited the area on the Nepal side as part of the two-day meeting of the Project Steering Committee which concluded in Kathmandu. 

The combined study team assessed the area on the Nepali side for the construction of Jayanagar-Bardibas rail link which runs through Janakpur. The team took note of the ongoing preparatory work and suggested ways to accelerate the pace of progress.





India and Kuwait signed an MoU to strengthen medical co-operation and encourage medical tourism between the two countries. As per the MoU, degrees and other qualifications issued by institutions in medicine, including traditional medicine, nursing, medical technicians and paramedical recognized by government bodies will be treated at par for appropriate job placements and benefits by Kuwait's Ministry of Health.

Besides, appropriate training will be provided to Kuwaiti doctors in centres of excellence in the field of traditional and modern medicine and allied health specialties in India. The MoU has also provisions for treatment of Kuwaiti patients in the approved specialized Indian hospitals. The MoU was signed by Union Health Secretary P K Pradhan and Under Secretary of Health Ministry of Kuwait, Dr. Ibrahim Alabdelhadi.





The World Bank has sanctioned 32 crore rupees for Rural Electrification at Sagar Island in Sunderbans of West Bengal.

The project for house to house power connection will be inaugurated at Rudra Nagar in Sagar Island. Under the scheme 42 gram panchayats will be electrified.

The State Power Minister Mr. Manish Gupta will hand over consumer cards to 45 families of the area at the inauguration of the programme.

The entire project will be completed by next three years in which around 2 lakh 50 thousand people will be benefited.





China has allowed the imports of basmati rice from India. This comes as a big boost to Indian exporters for exporting 4.5 million tonnes of aromatic rice to huge markets of of 1.3 billion Chinese population. This was stated by the Indian Ambassador to China S Jaishankar to media in Beijing.

China had banned imports of several Indian agricultural products, including basmati rice, due to the issues of pest control and monitoring of quarantine pests in processing and storage houses in India. The approval came after Chinese official bodies conducting necessary tests.

The Indian Embassy is planning to conduct a publicity campaign to push basmati rice into the Chinese markets.


Business



Vodafone on 23 April 2012 acquired communication service provider Cable & Wireless Worldwide (CWW) in a deal just over 1billion pound.

The deal is aimed at strengthening Vodafone's enterprise and international services, and will let the mobile operator offload increasing mobile traffic onto the Cable & Wireless Worldwide (CWW) fibre network in the UK.

CWW, with its fibre network spread across 20500km in the UK, and 425000km long internationally, will help Vodafone to overcome its rivals O2 and Everything Everywhere to become the second-largest telco in the UK after BT. The company has 127 points of presence in 35 countries. It also owns a number of submarine cables around the world, along with many datacentres.


Economic Issues



Apex Indian bank, the Reserve Bank of India on 21 April 2012 directed all commercial banks to print the MICR and IFSE code on the passbook and statement of account of the customers. The bank made the printing of MICR and IFSE code compulsory for all the banks.

The banks, under their current practice, provide MICR code on the cheque leaf along with the IFSC code of the branch.

Under the RBI guidelines, MICR code is mandatory for all electronic clearing services (credit and debit) transactions. IFSC code is a pre-requisite for national electronic funds transfer (NEFT) and real time gross settlement (RTGS) transactions.





The Union government on 20 April 2012 approved 22 foreign direct investment (FDI) proposals, amounting to Rs.586.137 crore ($112.5 million). The proposals were cleared following recommendations made by the Foreign Investment Promotion Board (FIPB) at its meeting on 30 March 2012.

The government cleared Shantha Biotechnics' proposal of Rs.514 crore to increase its foreign equity in brownfield pharmaceutical sector in order to carry out the activities of research, development, manufacturing and marketing of bio-tech products and other bio-generics.

It also cleared Mahindra and Mahindra's Rs.25.99-crore proposal for setting up a joint venture company to develop, manufacture and provide service support for radar systems and various kinds of defence electronic systems. The government also allowed Springer Editorial Services' Rs.12.87-crore proposal to increase foreign equity up to 100 per cent.

The ministry deferred 18 proposals, including those of Tara Aerospace Systems, Al Shukur Company for Engineering and Construction and Ordain Health Care Global. The ministry also rejected five proposals, including those of Verga Attachments, Quest Global Manufacturing and YourNest Angel Fund Trust.





South Korean lender Woori Bank on 18 April 2012 opened its maiden Indian branch in Chennai. The Seoul based bank slated Chennai as the first city to launch their operation in India given the fact that the southern metro city is home to more than 170 Korean companies, including big names such as Hyundai Motors, Lotte and Samsung.

The bank as per its strategy will first provide banking assistance to Korean companies located in Chennai and subsequently it will start focusing on local business, keeping in mind the needs of the India companies and customers.

Woori Bank, the South African government –owned bank with the opening of its first branch in India aims at tapping the growing economic opportunities in India.





Commerce Secretary on 19 April 2012 announced that India surpassed the export target of $300 billion for 2011-12. India was able to surpass the trade target of $300 billion despite slowdown in demand in its traditional markets of the U.S. and Europe. Exports increased by 21 per cent to $303.7 billion in 2011-12 powered by a strong growth in petroleum, pharmaceuticals and engineering products.

However, imports surged by 32.1 per cent to $488.6 billion thereby leaving the highest-ever trade deficit of $184.9 billion.

Engineering exports grew by 16.9 per cent to $58.2 billion. Exports of petroleum and oil products surged by 38.5 per cent to $57.5 billion and gems and jewellery exports increased to $45.9 billion.





The Reserve Bank of India decided to allow External Commercial Borrowings, ECB, for working capital as a permissible end-use for the civil aviation sector on certain conditions. The notification issued by RBI in Mumbai stated that the overall ECB ceiling for the entire civil aviation sector would be one billion US Dollars and the maximum permissible ECB that can be availed by an individual airline company will be 300 million US Dollars. 

This limit can be utilized for working capital as well as refinancing of the outstanding working capital Rupee loans availed of from the domestic banking system. Airline companies desirous of availing of such ECBs for refinancing their working capital Rupee loans may submit the necessary certification from the domestic lenders regarding the outstanding Rupee loans.


Awards


Kurukshetra Zila Parishad of Haryana has been chosen for National Panchayati Raj Award for implementing all Central Government schemes in all 419 villages in the district. It ranks at the top in the State and among 15 those Zila Parishads in the country which have provided all basic amenities in rural areas.





To commemorate the 150th Birth Anniversary of Gurudev Rabindranath Tagore, the Sangeet Natak Akademi, an autonomous body of the Union Ministry of Culture has instituted a one-time honour to 100 artists called the ‘Tagore Samman’ (50 Tagore Ratna and 50 Tagore Puraskar) to persons of the age of 75 years and above, who have made a significant contribution in the field of performing arts.

The Governor of West Bengal, Shri M.K. Narayanan will confer the prestigious Sangeet Natak Akademi Tagore Fellowships and Tagore Awards at a special ceremony on 25th April 2012 in Kolkata. Twenty nine eminent personalities & scholars will be conferred Sangeet Natak Akademi Tagore Fellowships and thirty four art practitioners & gurus in the field of Dance, Drama & Music will receive the Sangeet Natak Akademi Tagore Awards in Kolkata.





Actor Madhuri Dixit was awarded the prestigious Master Dinanath Vishesh award by the legendary singer, Lata Mangeshkar, in Mumbai. Madhuri, who is planning a comeback in the film industry with Ishquiya sequel, Dedh Ishquiya, was honoured for her contribution to cinema. The award comprises a memento and one lakh rupees cash.


Sports



The shooting World Championship of 2018 was awarded to Korean city of Changwon on 17 April 2012. The decision regarding the venue of the championship was made at the General Assembly meeting of International Shooting Sport Federation (ISSF) in London.

The Korean government, as per the reports, has earmarked 30 million dollar to enhance the amenities in the shooting complex and organize the world championship with six shotgun ranges, 100 targets each in 10 metres and 50 metres apart from 14 lay-outs in the 25-metre range.

The last World Championship was held in Munich, Germany, in 2010 and the next championship will be held in Granada, Spain, in 2014.





In Tennis, Spain's World Number 2 Rafael Nadal has won the Monte Carlo Masters title by defeating top seeded Serb Novak Djokovic, 6-3, 6-1 in the title clash of the Men's Singles category, played at Monaco.





India Open Badminton tournament has begun at the Sirifort Complex in the national capital on April 24, 2012.


Science & Technology


India has unveiled the first indigenously developed anti-Malarial drug Synriam. Launching the drug at a function in New Delhi, Health and Family Welfare Minister Ghulam Nabi Azad said that it is land mark achievement in the entire pharmaceutical sector . Mr Azad said the next generation drug is safe and there will be no problem in its production of in sufficient quantity. Mr Azad urged the manufacturing company to keep the price of the drug at affordable levels so that poor and needy people are able to access the drug in remote and backward districts of the country.

The minister said the country's pharmaceutical industry is now the third largest in the world in terms of volume and 14th in terms of value, maintaining a growth rate of 12 to 14 per cent annually. Mr Azad said India has emerged as a major leader in world drug industry as it supplies drugs to about 211 countries apart from supplying vaccines to over 150 countries.Talking to reporters on the sidelines of the function, Mr Azad said that the government will this year implement the Clinical Establishment Regulation Act to prevent undesired operations and tests in hospitals.





SpaceX has confirmed its plans to launch a rocket and capsule on May 7 in a historic first flight of a private spaceship to the International Space Station. SpaceX said its unmanned Dragon capsule is due to ride on a Falcon 9 rocket from Cape Canaveral Air Force Station in Florida. 

SpaceX aims to carry out a fly-by of the ISS and a berthing operation in which the reusable spacecraft, the Dragon, will approach the ISS as the crew aboard the orbiting outpost uses a robotic arm to dock it.





The Indian Space Research Organisation, ISRO, has proposed to undertake a Mars Orbiter Mission in October-November, 2013. It will be India's first step towards exploring the planet Mars. The proposal is currently under examination for government approval.

Giving this information in the Lok Sabha, the Minister of State in PMO, V. Narayanasamy said, the Mars spacecraft will be placed in an elliptical orbit around the red planet after a voyage of nearly 300 days. During the orbital life of the spacecraft around Mars, the on-board instruments will be used to conduct scientific experiments.

The proposed Mars Mission is meant to demonstrate India's technological capability to reach the Martian orbit to enhance the understanding of its atmosphere. It would also pave the way for future scientific exploratory missions in the solar system. The Minister said, the Mars Mission is meant to generate national pride and excitement in the young minds.



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2 comments:

  1. Great collection. Thank u very much. Preparegk rocks

    ReplyDelete
  2. plz make the current affiars to be downloadable...

    ReplyDelete

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