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June 12th Current Affairs

International Issues

In Egypt, the parliament is scheduled to meet to set up a 100 member committee to write the new constitution of the country. The Islamists and liberal secular groups had reached at an understanding last week to split the ratio of Islamist and non Islamist members in ratio of 50-50.

World Day Against Child Labour is being on June 12, across the globe to highlight the need to protect the rights of the child .The objective is to eliminate child labour and other violations of fundamental rights of children, in all forms.

National Commission for Protection of Child Rights (NCPCR) is organising various programmes around the country in collaboration with UNICEF and ILO. An official statement said, the theme for this year is 'Justice for children - end child labour. 

A plan to build the biggest land-based optical telescope in the world has cleared an important hurdle. The European Southern Observatory announced that its governing council gave full or provisional approval for the so-called European Extremely Large Telescope, the E-ELT, which opens the way to starting work on the project.

The 1.35-billion dollars scheme entails building a telescope with a massive light-catching mirror 39.3 metres wide, several times the size of the biggest optical telescopes. It will be sited on Cerro Armazones in northern Chile, close to ESO's existing Paranal Observatory, where the extremely arid conditions and high altitude offer excellent viewing of the skies.

If all goes well, the E-ELT would start operations about a decade from now, becoming one of the great astronomical assets of the 21st century alongside a planned radio telescope, the Square Kilometre Array set to be build in South Africa and Australia. Work on building the E-ELT will start once the ad referendum votes are made official and financial commitments are secured for at least 90 percent of the total cost.

National Issues

The government has lifted ban on export of skimmed milk powder, SMP, to improve finances of dairy firms and help milk producers. Earlier, the government had decided to lift export ban on SMP amid surplus availability of milk.

Directorate General of Foreign Trade, DGFT, said in a notification that the classifications of export and import items has been bifurcated and export of new entry namely skimmed milk powder has been made free.

Three day annual Sindhu Festival has begun from June 12 in Leh district of Jammu and Kashmir. The festival is being celebrated on the bank of Indus River.

The government has integrated e-Governance project for Limited Liability Partnership, LLP under the portal of Ministry of Corporate Affairs.

It will result in provision of all state of the art services like credit card payment, online banking from six banks, payment though NEFT from any bank and host of other services. The integrated portal in another step towrds achieving MCA vision Facilitating Corporate Growth with enlightened regulation.

The platform provides world class online experience with, almost all the services available on the click.

The portal is first to achieve 100 per cent electronic filing and provide e-stamps services for company registration for all the states and Union Territories of the country.

Bilateral Issues

India will export 500 MW electricity to energy deficient Pakistan. Secretary, Water Resources Ministry Dhruv Vijay Singh made this announcement in Srinagar in the inaugural session of two-day hydro power conference. He said since India has the power and Pakistan requires it, the power will be sold to Pakistan at the international rate. The Official said that the Government of India is likely to supply electricity to Pakistan through Punjab.

Dr. C.P. Joshi, the Union Minister for Road Transport & Highways and Mr. Denis Label, Minister of Transport, Infrastructure & Communication, Government of Canada signed a Memorandum of Understanding (MoU) between India and Canada in Cubec, Canada. Dr Joshi is on an official visit to Canada from June 10-13, 2012. 

The MoU will facilitate sharing and exchange of knowledge and technical expertise in the areas of infrastructure development, operation and maintenance of roads and Intelligent Transport System etc.

India has shifted focus towards the Private-Public-Partnership Mode for undertaking development and up-gradation of national highways network across the country as also development of express-ways which are going to be access-controlled with all modern construction technology, Information Technology, including Electronic Toll Collection System.

It is expected that there would be an increase in involvement and participation from the Canadian industry in India’s ambitious National Highways and the Expressways Development Project. It is sealing a long-standing bilateral relationship and providing for cooperation between the two countries in the roads and road transportation sector. 

Dr. C.P. Joshi, the Union Minister for Road Transport & Highways highlighted the plans of India for development and modernisation of national highways and expressways requiring an investment of approx. more than US $ One Trillion, for financing the intended infrastructure and informed that India is looking forward for extensive use of information technology and such modern technology to adopt the Intelligent Transport System across the country. 

He was addressing at the “First Plenary Session of the 15th Annual Conference organised by the ITS - Canada and the Indo-Canada Business Council” on the theme ‘Transportation in Transition towards a new Digital Economy’ in Cubec, Canada. He is on An official visit to Canada on the invitation from Mr. Denis Label, Minister of Transport, Infrastructure & Communication, Government of Canada from 10-13 June, 2012. 

India and the Republic of Finland signed an agreement on social security. The agreement was signed by Shri Atul Kumar Tiwari, Joint Secretary, Ministry of Overseas Indian Affairs on behalf of Government of India and by Ms. Terhi Hakala, Ambassador of Finland to India on behalf of Government of Finland, in the presence of Shri Parvez Dewan, Secretary, Ministry of Overseas Indian Affairs.

This agreement will enhance cooperation on social security between the two countries. There are about 5,000 Indians in the Republic of Finland most of whom are working as professionals and self-employed. However, there is a huge potential for Indian workers to take employment in the Republic of Finland owing to the huge labour supply gap in the market. 

As such, a bilateral Social Security Agreement with Republic of Finland is a significant requirement from the futuristic point of view to take advantage of the emerging employment opportunities and to strengthen the trade and investment between the two countries. This bilateral Social Security Agreement will enhance trade and investment between the two countries.

So far India had signed twelve Social Security Agreements with Belgium, Germany (Social Insurance), Switzerland, France, Luxembourg, the Netherlands, Hungary, Denmark, the Czech Republic, Republic of Korea, Norway and Germany (Comprehensive SSA). 

Shri Anand Sharma, Minister of Commerce, Industry and Textiles had a Ministerial Dialogue with his counterpart Mr. Fernando Pimentel, Brazilian Minister of Development, Industry and Foreign Trade in Brasilia on 11th June 2012. The Minister’s visit to Brazil was in pursuance to the invitations extended to him by his counterpart Mr. Pimentel, Minister of Development, Industry and Foreign Trade and Mr. Antonio de Aguiar Patriota, Brazilian Foreign Minster.

Shri Sharma invited the Brazilian investment in recently launched National Infrastructure and Manufacturing Special Economic Zone as well as in the food processing industries. Both sides agreed that infrastructure was one area in which lot of opportunities existed on both sides for the companies to participate in.



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