Current Affairs 1st August 2016 - Banking, SSC, UPSC Affairs

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The Tamil Nadu Assembly on 1 August 2016 unanimously passed a resolution to rename the Madras High Court as the Tamil Nadu High Court. The resolution on the matter was moved by Chief Minister J Jayalalitha as most of the High Courts established after the formation of new states based on linguistic lines have been named after the states only. The resolution was presented in light of the High Courts (Alteration of Names) Bill, 2016, which was introduced in Lok Sabha on 19 July 2016. She said the Madras High Court has jurisdiction over the entire state and therefore it is necessary to change the name as the Tamil Nadu High Court. Chief Minister Jayalalithaa also recalled the fact that the renaming of Madras as Chennai was made in 1996, but averred that the name refers only to the specific city whereas the High Court is meant for the whole state. The demand of renaming the High Court remained dormant since the state got the name Tamil Nadu in 1967. The demand came active in the state after the introduction of the Bill in the Lok Sabha that wants to change the names of Madras, Bombay and Culcatta High Courts. High Courts (Alteration of Names) Bill, 2016 : The Bill was introduced in Lok Sabha by the Minister of Law and Justice, Ravi Shanker Prasad with an aim to modify the names of the High Court’s (HCs) of Bombay, Calcutta and Madras. Alteration of names of the HCs : The High Courts of Bombay, Calcutta and Madras will be known as the High Courts of Mumbai, Kolkata and Chennai respectively. Government to modify relevant laws : In order to give effect to the alteration of names of the three High Courts, the appropriate government will have the power to amend or repeal any laws.  This must be done within one year of the coming into force of this Act. Legal proceedings : Any pending legal proceedings against the High Courts of Bombay, Calcutta or Madras as parties will now be substituted with the high courts of Mumbai, Kolkata and Chennai. The decision was taken in light of the name change of the cities where these high courts are located.

A book titled India Rising: Fresh Hope, New Fears by Ravi Velloor chronicles India's journey in the decade before Prime Minister Narendra Modi's rise. The book was released in April 2016 by Singapore Emeritus Senior Minister (ESM) Goh Chok Tong. The book captures the significant events of the years under former India Prime Minister Manmohan Singh and examines how the country dealt with those issues. Ravi Velloor is an associate editor of Singapore newspaper The Straits Times. Highlights of the Book : It describes key aspects of the country’s development in the last 10 years, expressing fresh hopes but also new fears under Prime Minister Narendra Modi. Each chapter cuts a different slice into the complex reality which is India. Like a CT scan, the slices combine to give the reader a composite sense of the unfolding Indian drama.   Importantly for Asia, it also looks closely at the strategic sweet spot India has found itself in, wooed by every major power. It assesses India's potential to become the world's fifth largest economic power by the end of this decade. It discusses issues such as the unease that minorities feel under Modi, a leader backed by Hindu nationalist forces.The book includes insider accounts of events such as the removal of National Security Adviser MK Narayanan, the resignation of navy chief DK Joshi, how India handled the crisis in Sri Lanka and the Mumbai attack, etc.

Railway Minister Suresh Prabhu has flagged off maiden broad-gauge train service between Agartala and Delhi, ‘Tripura Sundari Express on 31 July 2016’. The ‘Tripura Sundari Express’ will run weekly between Agartala and Anand Vihar in Delhi. It will have commercial stoppages at 16 stations and cover a distance of 2461 kms in 46 hours and 50 minutes. The train will reach Delhi via Guwahati and New Jappaiguri. The rail link was developed at an expense of 968 crore rupees. Apart from this, Prabhu along with Bangladesh Railway Minister Md. Mazibul Hoque also laid the foundation stone for Agartala-Akhaura International Rail Project. This train link would be part of the trans-Asian rail connectivity.  The rail track here would be extended to Sabroom, the southern-most town in Tripura, which is only 75 km from the Chittagong port in Bangladesh. The laying the 15.054 rail track will be completed by 2017. Of the total track, only five km will be on the Indian side and the rest in Bangladesh. The agreement between the two countries on the rail link was signed during Hasina’s visit to New Delhi in January 2010. Haque announced that Bangladesh has decided to launch a new train between Khulna and Kolkata in addition to the Maitri Express train that plies between Dhaka and Kolkata. Besides, the Railway Minister Prabhu said that a train service between Agartala and Kolkata will be started in August 2016. He also assured that more passenger services from Agartala would be introduced in a phased manner.  

The Andhra Pradesh government has signed a Memorandum of Understanding (MoU) with Japan to develop a food value chain in the state on 30 July 2016. Under the MoU, Japan's Ministry of Agriculture, Forestry and Fisheries (MAFF) will encourage direct investments by Japanese companies in the fields of agriculture and food-related industry in Andhra Pradesh. Along with developing a food value chain, it will also establish food industrial parks and develop cold chains. Andhra Pradesh occupies a premier position in agri-business with a major contribution in agriculture, horticulture, dairy, poultry, fisheries and marine production.

Lewis Hamilton of Mercedes on 31 July 2016 won the 2016 German Grand Prix held in Hockenheimring. The 2016 German Grand Prix turned out to be fourth consecutive win for Hamilton. The previous three are 2016 Hungarian Grand Prix, 2016 British Grand Prix and 2016 Austrian Grand Prix. Till now, 5 drivers have won three German Grand Prix in their careers. With this win, Hamilton joins the league of Ayrton Senna, Jackie Stewart, Juan Manuel Fangio, and Fernando Alonso. 1  Lewis Hamilton (Mercedes ,United Kingdom) 2  Nico Rosberg    (Mercedes, Germany) 3  Daniel Ricciardo (Red Bull, Australia) 4 Kimi Raikkonen  (Ferrari,Finland) 5 Sebastian Vettel (Ferrari, Germany) German Grand Prix : The German Grand Prix is an annual automobile race that has been held most years since 1926.The German Grand Prix became part of the Formula One World Championship in 1951. It was designated the European Grand Prix four times between 1954 and 1974, when this title was an honorary designation given each year to one grand prix race in Europe.It has been organized by Automobile Club of Germany (AvD) since 1926.Nico Rosberg was the winner of the 2014 German Grand Prix.

International Kabaddi Federation has selected India to host The 2016 Kabaddi World Cup on 31 July 2016. The World Cup featuring 12 countries is scheduled to be held in October 2016, the dates for the event will be announced later. Participants of the tournament include India, USA, Canada, UK, Australia, Iran, Poland, Pakistan, Bangladesh, Korea, Japan and Kenya. Kabaddi became a part of Asian Games in the year 1990 and India has won all the gold medals since. Official broadcaster : Star Sports was selected to broadcast the 2016 Kabaddi World Cup  President of International Kabaddi Federation:  Janardan Singh Gehlot Kabaddi : Kabaddi originated from India and is the one of the most popular games of Asia.It is probably the only game which requires ground and a whistle only.It came on international Map during SAF Games Dhaka in 1985. Kabaddi saw its major breakthrough in 1990 when it was included in the Asian Games during 11th Asian Games at Beijing-China in 1990, since then Kabaddi is a regular discipline in Asian Games.Kabaddi was included in Asian Indoor Games during 2nd Asian Indoor Games at Macau-SAR China in 1997. Kabaddi achieved one more success when it was included in Asian Beach Games during 1st Asian Beach Games at Bali-Indonesia in 1998 and that too for Men & Women both.It is the only game being played in all the 3 versions of Asian Games i.e. Asian Games, Asian Indoor Games and Asian Beach GamesWomen Kabaddi was included in Asian Games during 16th Asian Games at Guangzhou in 2010.

Former Japanese Defence Minister Yuriko Koike was elected as the first woman governor of Tokyo, the capital city of Japan on 31 July 2016. Koike garnered more than 2.9 million votes in the election, defeating her opponents, Hiroya Masuda and Shuntaro Torigoe, by a wide margin. Yuriko Koike :  Yuriko Koike is a Japanese politician.She served as the member of the House of Representatives of Japan from 1993 to 2016 when she resigned to run in the Tokyo gubernatorial election.She was elected to the House of Councillors in 1992 as a member of the Japan New Party.She was then elected to the House of Representatives in 1993. In 1996, she was re-elected to the House of Representatives. She held this seat in the 2000 election as a candidate of the New Conservative Party. She joined the Liberal Democratic Party in 2002.She served as the Minister of the Environment and Minister of State for Okinawa and Northern Territories Affairs in the Cabinet of Prime Minister Junichiro Koizumi. She was appointed Minister of Defence, Japan's first female defence minister, in June 2007 during the first term of Prime Minister Shinzo Abe. However, she announced her resignation in August 2007, citing the Aegis classified information leak scandal as a reason.

Luke Aikins, a skydiver with 18000 jumps, on 30 July 2016 jumped from 25000 feet (7620 meters) without a parachute or a wingsuit. With this he became the first man in the world history to dive from mid-tropospheric altitude and land safely without a parachute or a wing suit or anything else that might helped him stop or slow his descent. 42-year-old, Aikins, completed the stunt without mishap, landing almost in the middle of the 100ft by 100ft (30.5-by-30.5-meter) net. Luke Aikins : Born on 23 November 1973, Aikins is an American professional skydiver, pilot, and prominent member of an elite team of skydivers, BASE jumpers, and paraglider pilots who explore and advocate the possibilities of human flight (known as the Red Bull Air Force). In 2012, he was one of the eminent figures who helped skydiver Felix Baumgartner jump from a hot air balloon in the stratosphere of 120,000 feet.He performed some stunts for Ironman 3.

Business software maker Oracle has announced that it has entered into a definitive agreement to acquire NetSuite, the very first cloud company.  The transaction is valued at $9.3 billion . The deal would help Oracle gain market share in the fast-growing cloud computing business. Oracle Database (commonly referred to as Oracle RDBMS or simply as Oracle) is an object-relational database management system produced and marketed by Oracle Corporation. Larry Ellison and his two friends and former co-workers, Bob Miner and Ed Oates, started a consultancy called Software Development Laboratories (SDL) in 1977.  SDL developed the original version of the Oracle software. The name Oracle comes from the code-name of a CIA-funded project Ellison had worked on while previously employed by Ampex.wa Oracle : Oracle Corporation is an American multinational computer technology corporation, headquartered in Redwood City, California.The company primarily specializes in developing and marketing database software and technology, cloud engineered systems and enterprise software products particularly its own brands of database management systems. In 2011 Oracle was the second-largest software maker by revenue, after Microsoft.

Odisha Chief minister Naveen Patnaik has directed all the district collectors to extend Madhu Babu Pension Scheme to three lakh more beneficiaries from August 15.  While 47 lakh people have already been covered under the Madhu Babu Pension Scheme, the number of beneficiaries will increase to 50 lakh from August 15.  The social security scheme ensures that the eligible elderly people get pension varying from Rs. 300 to Rs. 500 per month. The government of Odisha has named its state pension scheme with a peculiar name and would be now known as Madhu Babu Pension Yojana.   The scheme would provide pension to additional three lakh people in the state of Odisha.  This would be effective the year 2008. The pension under the scheme would be provided to handicapped, widows and old age people.

The Central government proposes to organise a 'Make in India' conference in Bhubaneswar in December. The conference would be organised by the Department of Industrial Policy and Promotion (DIPP), Ministry of Commerce and Industry, to attract investment to Odisha as well as the country. The Odisha government has requested the ministry to hold the conference in the first week of December. The state government is extremely keen to host this event. In this regard, we propose that the conference be organised in the first week of December to coincide with key state festivals including Konark Dance Festival and Sand Art Festival in Puri. The tourism department of Odisha government organises the five-day twin mega events of Konark Festival and International Sand Art Festival from December 1 every year.

Senior Indian Revenue Service(IRS) officer Rani Singh Nair is set to be appointed the Central Board of Direct Taxes (CBDT) chairperson, with incumbent Atulesh Jindal retiring on 31 June 2016. Nair, a 1979-batch IRS officer, is presently working as member (legislation and computerisation) in CBDT, policy making body of the Income-Tax department. Officials said the government has issued orders for her to take over as acting chief from Jindal and fresh orders by the Prime Minister-headed Appointments Committee of the Cabinet are expected soon, for her to take charge in a full capacity.Jindal took over as CBDT chief in February this year. Once appointed, Nair will be in office till October 31 during which she will be looking to achieve maximum success under the ambitious one-time domestic black money disclosure scheme being run by the government also called the Income Declaration Scheme (IDS).It will close on September 30. Nair has been instrumental in framing the procedures and protocols that led to the roll out of the IDS on June 1 this year that aims to fish out black funds from the domestic arena. CBDT has six members apart from the Chairperson and is responsible for framing policy and administrative issues related to direct taxes and the Income Tax department.

US-based A10 Networks, an application networking and security company,  announced the acquisition of Appcito a provider of Software-As A-Service (SaaS)-based, multi-cloud Application Delivery Controllers (ADC) solutions. The acquisition positions A10 Networks as a comprehensive secure application services leader and will help customers become more secure as they bridge traditional and cloud application environments. New A10 "Harmony-based cloud" solution integrating Appcito technology will be available later this year The new solutions will include a cloud services controller for centralised application policy management and orchestration, elastic application traffic management capabilities and support for micro services and container-based applications.  2015, Gartner named Appcito as one of the "Cool Vendors in Enterprise Networking." A10 Networks : A10 Networks is a U.S. public company specializing in the manufacturing of application delivery controllers (software and hardware). Founded in 2004 by Lee Chen,co-founder of Foundry Networks, A10 originally serviced just the identity management market with its line of ID Series products.In early 2007 they added bandwidth management appliances (EX Series). The company had its initial public offering on March 21, 2014, raising $187.5 million.

The Gujarat government has appointed Dr. J.N. Singh, a 1983-batch Gujarat cadre IAS officer, as new Chief Secretary of the State in place of G.R. Aloria, who is superannuating on July 31st. His order was issued by the Personnel Department headed by Additional Chief Secretary Anil Mukim. Dr. Singh is currently Additional Chief Secretary (Finance) and also officiating as Managing Director of Gujarat State Petroleum Corporation (GSPC). Known for his competence and hard work, Dr. Singh has worked on crucial assignments in Gujarat; as Joint Secretary in the Textiles Ministry; Textiles Commissioner and as senior member, administration and projects in the National Highways Authority of India. In Gujarat, he was MD of Sardar Sarovar Narmda Nigam Ltd. (SSNNL), Principal Secretary (Revenue) and then Additional Chief Secretary, Finance and Personnel. As Chief Secretary, Dr. Singh will have the longest tenure of three years as he is scheduled to retire in 2019.

The term of the Railway Board Chairman A K Mital, who was due to retire end of this month, was extended by two years.The Appointments Committee of the Cabinet has approved the re-appointment of Mital as Chairman, Railway Board, for a period of two years, till he attains the age of 62 years, with effect from August 1, 2016. Born on July 7, 1956, Mital was appointed to the top post in Railways Ministry in place of Arunendra Kumar, who had superannuated on December 31, 2014.  Mital, a 1976-batch officer of Indian Railway Store Service, has worked as Member Staff, Railway Board, and ex-officio Secretary to the Government of India. He had also served as General Manager of South Western Railway Headquarters. He was Director (Stores), Executive Director (Vigilance) and Executive Director (Stores) in the Railway Board. He has also worked as Chief Material Manager in Northern Railway. Mital was also Divisional Railway Manager of the Izzatnagar Division in the North Eastern Railwayand Controller of Stores in the South Central Railway, Secunderabad and Diesel Locomotive Works, Varanasi.

The Indian Railway Catering and Tourism Corporation (IRCTC) is set to launch the facility of travel insurance for passengers who book tickets on its website. The service, scheduled to come into effect from September, can be availed at a premium of Re 1. The scheme offers passengers or their families compensation of up to Rs 10 lakh in the event of death or permanent total disability, Rs 7.5 lakh for permanent partial disability, up to Rs 2 lakh for hospitalisation expenses. The scheme also include compensation of Rs 10,000 for transportation of mortal remains in the event of death or injury from a train accident or other untoward incident, including terrorist attacks, dacoity, rioting, shoot-out or arson, as well as for short termination, diverted route and Vikalp trains. Train accident and untoward incident cases will be handled according to definition under Sections 123, 124 and 124A of the Railways Act, 1989. The insurance cover is uniform for all classes and the option will be available through a check-box at the time of booking the ticket online. The premium amount will be automatically added to the ticket fare if the passenger opts for the insurance. After making the payment, passengers will have to fill the nomination details, which is necessary to settle the claims on timely basis. The coverage will be valid from the actual departure of train from the originating station to actual arrival of train at the destination. The scheme is being implemented by the IRCTC in partnership with ICICI Lombard General Insurance, Royal Sundaram and Shriram General.

Government of Himachal Pradesh, NTPC Ltd. & NHPC will jointly sped Rs 100 crore in setting up a Hydro Engineering College in Himachal Pradesh to promote technical education.  To this effect an memorandum of understanding was signed by the three entities .NTPC & NHPC will each contribute Rs 37.50 crore each (total Rs 75 crore) in the first tranche for setting up the Hydro Engineering College at Badla, district of Bilaspur in Himachal Pradesh.  NTPC & NHPC will be spending an additional Rs 12.5 crore each (total Rs 25 crore) in the second tranche. Apart from this NTPC and NHPC will also contribute Rs 2.5 crore each ( total Rs 5 crore) per year for five years (total Rs. 25 Crore) towards operating expenses.  Land for the proposed college has already been identified by the government of HP & will be transferred to the society registered for the purpose. NTPC, NHPC and Ministry of Power will be represented in the governing body of the college which will be affiliated to Himachal Pradesh Technical University. 

The Mohun Bagan FC has conferred club’s highest decoration Mohun Bagan Ratna (jewel) on legendary Indian Footballer Syed Nayeemuddin. With this, he became 16th recipient of the prestigious award which is bestowed upon person for making seminal contribution to the success of the club. Syed Nayeemuddin  : Syed Nayeemuddin is former football player and Indian football team coach. He had captained the Indian national football team which had won the bronze medal at the 1970 Asian Games. He was appointed coach of India football team in 1997. Under his guidance India had won South Asian Football Federation Cup. He is the only sports-person awarded with the prestigious Arjuna and Dronacharya Awards for football. Mohun Bagan Ratna  : The Mohun Bagan Ratna is the highest decoration of Mohun Bagan FC. It is awarded annually to respect and laud indispensable contribution of football players to the club. The award is presented annually on 29 July i.e. on Mohun Bagan Day to the winners. Karuna Sankar Bhattacharya was posthumously honoured with this award in 2015.

Justice Dilip Babasaheb Bhosale was sworn in as the new Chief Justice of Allahabad High Court. He succeeds Justice D.Y. Chandrachud who was appointed judge of Supreme Court.  He was administered oath of office was administered by Uttar Pradesh Governor Ram Naik in Allahabad as per Article 219 of Constitution. Justice Dilip Bhosale  : He was born in Mumbai in 1956. He was first appointed as judge of Bombay High court in 2001. Later in 2012, he was transferred to Karnataka high court.  Prior to his appointment as Chief Justice of Allahabad HC, he was serving as acting chief justice of High Court of Andhra Pradesh and Telangana.

Jharkhand government in July 2016 decided to form a separate cell for the Primitive Tribes Group (PTG) in the Welfare Department. The purpose of the cell is to monitor the benefits to the group under various schemes. A Consultant and an Assistant would be placed in the cell. The Union Government provides fund for the welfare of the PTG in addition to the state's own schemes.  There are nearly three lakh people belonging to PTGs in the state. Primitive Tribes Group (PTG) : Particularly vulnerable tribal group (PVTG) (earlier known as Primitive tribal group) is a government of India classification created with the purpose of enabling improvement in the conditions of certain communities with particularly low development indices. In 2006 the government of India proposed to rename "Primitive tribal group" as particularly vulnerable tribal group". PTG has since been renamed particularly vulnerable tribal group by the government of India. The Dhebar Commission (1960-1961) stated that within Scheduled Tribes there existed an inequality in the rate of development. During the fourth Five Year Plan a sub-category was created within Scheduled Tribes to identify groups that considered being at a lower level of development. This was created based on the Dhebar Commission report and other studies. This sub-category was named "Primitive tribal group". The features of such a group include a pre-agricultural system of existence that is practice of hunting and gathering, zero or negative population growth, extremely low level of literacy in comparison with other tribal groups. At present, India houses 75 communities of Primitive Tribal Group. PTGs in Jharkhand (including Bihar) are Asurs, Birhor, Birjia, Hill Kharia, Korwas, Mal Paharia, Parhaiyas, Sauria Paharia, and Savar. Earlier in June 2016, the state government decided to give two percent reservation to primitive tribal groups (PTGs) in education and government jobs. The move was aimed at institutionalising affirmative action required for these groups, which was not available to them.

Satish Mathur was appointed as Director General of Maharashtra Police on 20 July 2016 by Maharashtra Government. Mathur, the IPS of 1981-batch, is due to retire in June 2017. Mathur will succeed Praveen Dixit, the IPS of 1977 batch, who is retiring from on 31 July 2016 on superannuation. Dixit was serving in the post since September 2015. The order of his appointment was issued by the state home department after chief minister Devendra Fadnavis signed it. Satish Mathur : At the time of this appointment, Mathur was Additional DGP - Anti-Corruption Bureau (ACB) of the state. During his tenure in ACB, he solved few high profile cases like multi-crore rupee irrigation department scams and others. He is among the earliest and first IPS officer to be trained by the National Security Guard. He had a crucial stint with the Central Bureau of Investigation (CBI) and also with Air India. During his association with the CBI, he was a part of the team that prosecuted the accused in the March 1993 Mumbai Serial blasts. He also helped in developing an online system that allowed the court to access the prosecution’s say and all the details of the accused at an ease. He was the first occupant of a new post, DGP-Legal and Technical, which was created to improve the conviction rate in Maharashtra.He also held the post of Pune Commissioner of Police from March 2015.

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