Current Affairs 6th June 2016 - Banking, SSC, UPSC Affairs

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Eknath Khadse, the most senior minister in the Maharashtra government, has resigned amid twin scandals over an illicit land deal and his cellphone allegedly appearing in the call records of most-wanted gangster Dawood Ibrahim.His resignation was formally accepted by Maharashtra governor Vidyasagar Rao.  He is a six-time MLA from Muktainagar constituency in Jalgaon Maharashtra. Eknathrao Ganpatrao Khadse is a member of the Bharatiya Janata Party (BJP) and he was elected to the position of Opposition Leader in the Maharashtra Legislative Assembly in November 2010.  He represents Muktainagar (Assembly constituency) in Jalgaon district of North Maharashtra. He was the state Finance minister and later additionally took on the responsibility of the Agriculture ministry in the Shiv Sena/BJP government.

Minister of Railways Suresh Prabhakar Prabhu on 5 June 2016 flagged off the inaugural run of the Tiger Trail Circuit Train from Delhi Safdarjung Station. The launch of this Tiger Express on World Environment Day is to highlight the significance of environment. The most important objective of the train is to create and spread awareness about the wildlife in general and the tiger in particular. Highlights of the train : This tourist train will be operated by Indian Railway PSU namely Indian Railway Catering and Tourism Corporation (IRCTC). It is one of the most innovative tourism products ever launched by Indian Railways. This is for the first time that Indian Railways have forayed into the exciting and fascinating wildlife tourism.This is also the first semi-luxury train on a tourist circuit having a dining car. The objective behind it is to facilitate frequent interactions among travellers during the travel.The train with 5 days/6 nights itinerary will start from Delhi Sufdarjung railway station. The semi-luxury train will take the guests onboard to the world famous Bandhavgarh and Kanha National Parks in Madhya Pradesh. The 5 days/6 nights itinerary of the Tiger Express includes three Tiger Safaris.

India’s ace tennis player Leander Paes and Martina Hingis of Switzerland on 3 June 2016 won the French Open Mixed Doubles title. To win the title, the duo defeated the Indo-Croatian pair Sania Mirza and Ivan Dodig 4-6 6-4 10-8. With this win, Paes completed a Career Slam in mixed doubles with Martina Hingis. Earlier, he won Australian Open, Wimbledon and the US Open titles in 2015 with Hingis. Overall, it was the 18th Grand Slam title for Paes and 10th in the mixed doubles category. So far, he won 8 Grand Slam titles in the doubles category that include Australian Open (2012), French Open (1999, 2001 and 2009), Wimbledon (1999) and the US Open (2006, 2009 and 2013). For 35-year-old Hingis, it was the 22nd Grand Slam title and 5th trophy in the mixed doubles category. Earlier, pairing with Sania Mirza, Hingis won Australian Open (2016), Wimbledon (2015) and the US Open (2015) titles in the doubles category.

Airbus has displayed the world's first 3D-printed aircraft THOR at the International Aerospace Exhibition in Schoenefe on 1 June 2016 . The drone THOR is short forTest of High-tech Objectives in Reality and it resembles a large, white model airplane. 3D-printed aircraft THOR : Is the world's first 3D-printed aircraft with just 3 parts.It is windowless, weighs 21 kilo grams (46 pounds) and less than four metres (13 feet) long. It is Lighter, faster and cheaper.Except the electrical elements, all other parts are printed (3D) from a substance called polyamide.Thor's inaugural flight was conducted in November 2015 near the northern German city of Hamburg.Airbus and Boeing are already using 3D printing, notably to make parts for their huge passenger jets the A350 and B787 Dreamliner. 3D printing in Aviation : The new 3D printers can make pieces up to 40 centimetres (15 inches) long and is of most use in particularly complex designs.Apart from costs savings, 3D printing also promises ecological benefits as lighter jets use less fuel and spew out fewer pollutants.It will be a radical technical innovation to reducing carbon emissions in aviation with air traffic expected to double in the next 20 years.

Use of siren in cars of VIPs, including the escort and pilot vehicles of the Lieutenant Governor, has been banned in Puducherry. However, emergency services like ambulances and fire service vehicles, will be exempted from the restriction on the use of siren. The ban order has been issued by Puducherry Lt Governor Kiran Bedi, a retired IPS officer. Bedi, who had overseen traffic arrangements for the 1982 Asian Games in Delhi and the 1983 CHOGM meet in Goa, has also directed that no special privilege will be accorded for cars of VIPs such as stopping of traffic, so that people's right to freedom of movement is not hindered in any manner. Traffic police will also ensure that sufficient number of personnel are presentfor regulating traffic without halting it or inconveniencing commuters, according to a press release issued by the Secretary to the Lt Governor .

Bollywood actress Dia Mirza has been named the ambassador for Swachh Bharat Mission’s youth-based Swachh Saathi (student internship) programme. The Rehna Hai Tere Dil Mein star will take forward the message of the government’s Swachh Saathi programme, which she hails as the most important part to realise the dream of a clean country. Swachh Bharat is among the most important initiatives taken up by the government and I believe that the Swachh Saathi programme will be an extremely important part of our dream to realise a clean, healthy and environmentally conscious youth and country . Under the Swachh Saathi programme, more than 2,000 interns would be enrolled, who would coordinate with around 10,000 schools across the country and ensure that all students in these schools take the pledge for Clean India. As the ambassador, the actress would interact with school and college students from across the country through awareness sessions, community cleaning activities and motivational videos. 

According to 2016 Global Retail Development Index (GRDI), India has jumped 13 positions from last year to rank second among 30 developing countries this year on ease of doing business, topped by China. The study which ranks top 30 developing countries for retail investment worldwide, a pick up in GDP growth and better clarity regarding Foreign Direct Investment (FDI) regulations have helped india achieve a second ranking.India has relaxed several key FDI regulations in single-brand retail and this has paved the way for multinational firms to enter the market. India's retail sector has expanded at a compound annual growth rate of 8.8% between 2013 and 2015, with annual sales crossing the $1 trillion mark, according to the A T Kearney, a London-based business consultancy. India has also become the world's fastest growing economy that coupled with a large population base and the easing of FDI regulations in the sector has made it an even more attractive market, it said in the ranking. Infrastructure bottlenecks including labour laws, complex regulations, high labour attrition rates, and limited high-quality retail space remain areas of concerns for retailers. India's retail sector has also benefited from the rapid growth in e-commerce. India is the world's second largest internet market and the increasing internet and smartphone penetration is contributing to the expansion of e-commerce. As Indian consumers become more comfortable with shopping online, venture capital and private equity firms have boosted investment in the sector providing further momentum, the report noted. The GRDI analyses 25 macro-economic and retail-specific variables to help retailers devise successful global strategies to identify emerging market investment opportunities. The study is unique as it not only identifies the markets that are most attractive today, but also those that offer future potential.

Garbine Muguruza of Spain on 4 June 2016 won the French Open Women’s Singles tennis title at the Roland Garros stadium in Paris, France. For the 22-year-old Muguruza, this was her first Grand Slam title. With this win, she also became the first Spanish woman to win a Grand Slam title since Sanchez-Vicario in Paris in 1998. To win the title, she defeated the defending champion Serena Williams of the USA in straight sets 7-5, 6-4 in the final match. This was Muguruza’s second major final. She was defeated by Serena Williams at Wimbledon finals in 2015 in which Serena won the 21st Grand Slam singles title. At present, Steffi Graf holds the record with 22 Grand Slam singles championships, the most in the Open era, which began in 1968.

BSE, Asia's oldest bourse, has received the Reserve Bank approval to start an online bidding platform for Sovereign Gold Bond scheme.  SGBs - government securities denominated in grams of gold - offer an alternative to holding gold in physical form.  The bond is issued by RBI on behalf of government and investors can apply for the bonds at the price as disseminated by RBI.  Received approval from the Reserve Bank of India (RBI) for acting as a receiving office for the Sovereign Gold Bond scheme .The exchange plans to offer an online bidding platform for collecting bids from members and their clients for the SGB issue.  This bidding platform is part of the iBBS (Internet-based Book Building System) - exchange's existing web-based online bidding platform for IPO , Offer for Sale, offer to buy issues.  The exchange shall communicate the go-live date of SGB bidding platform via separate circular.

As part of Prime Minister Narendra Modi’s “Make in India” and “Start-up India” moves, Gujarat Chief Minister Anandiben Patel, on 5 June 2016, announced her government’s new policy for promotion of information technology (IT) and electronic start-ups, envisaging setting up of 50 incubators to provide leadership and facilities to 2,000 start-ups over the next five years. About 10 lakh square feet of space will be developed for incubators, targeting investment to the tune of ₹7,000 crore and creation of new employment opportunities. The BJP government also announced a slew of incentives for incubators and start-ups, including financial assistance of up to ₹50 lakh for fixed capital investment and up to ₹5 lakh per annum for guidance of start-ups. They would be given 100 per cent waiver on stamp duty and registration. Also, they would get a rebate of 100 per cent amount of electricity duty for five years and 50 per cent assistance for software purchase up to ₹1 crore to incubators. For start-ups, the government’s incentives include partnership of start-up units for government’s e-governance project, up to 25 per cent equity-linked financial assistance in fund taken for venture capital fund, 100 per cent discount on stamp duty and registration fee and product development and marketing assistance, ₹15 per square feet per employee lease rental assistance, ₹2 lakh for local patent and ₹5 lakh for international patent and some other incentives up to 7 years.

South Asian Games gold medallist Indian judoka Avtar Singh has qualified for the 2016 Rio Olympic Games scheduled to be held in August 2016 in Rio de Janeiro, Brazil. He has qualified under 90kg weight category under the continental quota. His current world Ranking is 79 with 182 points. Avtar Singh hails from Gurdaspur, Punjab. He had won a gold in South Asian Games held in Shillong in February 2o16. He also had won bronze medal in Asian Junior Judo Championships in 2011.  He also had won two gold medals in Senior National Judo Championships in 2013-14 and 2014-15. In the Asian Judo Championships in April 2016 in Uzbekistan, Avtar finished fifth after beating judokas from China and Iran.  

Bihar Chief Minister Nitish Kumar on 5 June 2016 launched Right to Public Grievance Redressal Act. The act seeks disposal of peoples' complaints or redressal of grievances from Government officials within 60-days. Features of the Law : The law has strict provisions in non-compliance of applications.Officials not adhering to provisions of the law could be dismissed from service or face a penalty of from 500 rupees to 5000 rupees.All the 42 Departments of the State government will be covered under the new Act. The Government has one Grievance Redressal Officer in each department as well as first and second Appellate authorities. In cases where the grievance cannot be redressed, then the complainant will get a letter citing reasons for not getting the grievance redressed. In that case, the complainant can file an appeal if he/she is not satisfied with the answer. Limitation of the Law : Complaints relating to subjects covered under the Right to Information Act, Right of Public Service Act and cases pending in courts will not be entertained under Right to Public Grievance Redressal Act.

India and Qatar on 5 June 2016 signed seven agreements in various fields including assistance in custom matters, skill development and recognition of qualifications and health. The agreements were inked after delegation-level talks between Prime Minster Narendra Modi and Qatar’s Emir Sheikh Tamim bin Hamad Al-Thani at Doha. Modi was on a two day visit to Qatar on 4 June to 5 June 2016. Before the talks, Modi was given a ceremonial reception at the Emiri Diwan, the seat of power of Qatar's ruler. The inked MoUs/Agreements include : Agreement on assistance in Customs Matters: It promotes cooperation and mutual assistance between the two countries on matters pertaining to customs administration through exchange of information and intelligence. MoU on cooperation in the exchange of intelligence related to money laundering, terrorism-financing and related crimes : The MoU facilitates exchange of intelligence related to money laundering, terrorism-financing and related crimes and persons connected thereto. This was inked between Financial Intelligence Unit – India (FIU-IND) and the Qatar Financial Information Unit (QFIU). MoU on participation of Qatari institutional investors in Infrastructure projects in India : Under this, a framework will be established to facilitate participation of Qatari institutional investors in Infrastructure projects in India under NIIF. This MoU was inked between National Investment and Infrastructure Fund (NIIF) and Qatar Investment Authority (QIA). MoU for cooperation in Skill Development and Recognition of Qualifications : It aims to enhance cooperation between the two countries on skill development and mutual recognition of qualifications to facilitate mobility of skilled workers from India to Qatar. This was inked between the Union Ministry of Skill Development and Entrepreneurship, and the National Qualifications Authority/Supreme Education Council, Government of the State of Qatar.  MoU on cooperation in Tourism : It aims at bilateral cooperation in the field of planning and developing of tourism, through marketing and promotion as also to support cooperation between private sector stakeholders.  MoU for cooperation in the field of Health : It provides cooperation in areas of health, including interalia in occupational and environmental health, pharmaceuticals, medical education, exchange of the best practices in the field of primary healthcare, research in the field of health care, technology, health care system and exchange of medical experts and scientists. The First Executive Programme for MoU in the field of Youth and Sports : As a follow up to the existing MoU in the field of Youth and Sports, the first Executive Programme provides for exchanges and cooperation in sports activities, training camps for sports teams and exchange visits of leaders and officials etc between the two countries. Earlier in the day, the Prime Minister held discussions with business leaders and invited them for investment in India. He asked the Qatari businessmen to recognize India’s potential and assured them to address the identified bottlenecks. This is the second high level engagement between the two countries in 14 months. Earlier in March 2015, Emir of Qatar, Sheikh Tamim Bin Hamad Al-Thani was on a two day official visit to India.

World Environment Day (WED) was observed globally on 5 June 2016 with theme Zero tolerance for the illegal trade in wildlife. The day aims at inspiring more people to take action to prevent the growing strain on Earth’s natural systems from reaching the breaking point. The host country for the WED 2016 is Angola. At present, Angola is seeking to restore its elephant’s herds, conserve Africa’s biodiversity-rich wildlife, and safeguard the environment as it continues to rebuild after more than a quarter-century of civil war. The year’s slogan "Go Wild for Life" encourages everyone to spread the word about wildlife crime and the damage it does. It also asks people to challenge all to do what they can to prevent it. Highlights of theme : The 2016 theme highlights the fight against the illegal trade in wildlife, which erodes precious biodiversity and threatens the survival of elephants, rhinos and tigers, as well as many other species. It also undermines our economies, communities and security.Illegal trade in wildlife products is eroding Earth’s biodiversity and driving whole species to the brink of extinction. Wildlife crime endangers iconic elephants, rhinos, tigers, gorillas and sea turtles. As per an estimate, in 2011, a subspecies of Javan rhino went extinct in Vietnam, and the last western black rhinos vanished from Cameroon. Great apes have disappeared from Gambia, Burkina Faso, Benin and Togo, and other countries could quickly follow. Lesser-known victims include helmeted hornbills and pangolins, as well as wild orchids and timbers like Rosewood – flowers and timber that are also considered as wildlife. WED 2016 celebrations in India : On this day to create awareness for environment, Railway Minister Suresh Prabhu flagged off Tiger Express, a semi-luxury tourist train, from Safdarjung station New Delhi. The train was launched on the World Environment Day with an aim to spread awareness among people on tiger conservation. The day was established by the United Nations General Assembly (UNGA) on the day when Stockholm’s United Nations Conference on the Human Environment 1972 began. The first World Environment Day was hosted in 1973 and since then it is being held every year with a different theme in different cities. The theme for 2015 World Environment Day celebrations was Seven Billion Dreams. One Planet. Consume with Care. and the host country was Italy.

Eminent actor and theatre personality Sulabha Deshpande passed away 4 June 2016 in Mumbai. She was 79. Deshpande was considered to be one of the pioneers of the experimental theatre movement that swept Mumbai in the 1970s. Sulabha Deshpande : Sulabha Deshpande was an acclaimed Indian film, theatre and television actress and theatre director. She started her career as a teacher at Chhabildas Boy's High School in Dadar, Mumbai.Apart from Marathi theatre as well as Hindi theatre in Mumbai, she acted in over 73 movies mainstream Bollywood.She also acted in art house cinema, like Bhumika, Arvind Desai Ki Ajeeb Dastaan and Gaman as a character actor. In 1971 she co-founded, theatre group, Awishkar with her husband Arvind Deshpande.Soon, she established the Chandrashala, the children's theatre wing of Awishkar. Notable Bollywood actors Nana Patekar and Urmila Matondkar have been students of Chandrashala. In recent years, she acted in serials like Jee Ley Zara, Ek Packet Umeed, Asmita and films like English Vinglish.

Manohar Aich, who was the first from independent India to win the Mr Universe title, died at the age of 102 in Kolkata on 5 June 2016.The centenarian won the Mr Universe title in 1952, in addition to three gold medals in bodybuilding at the Asian Games. Aich was dubbed "Pocket Hercules" for his short stature, at 4.11 ft. He began training in 1942 when he had joined the British Royal Air Force.  Aich had also won the World Championship of Spring Pulling by tearing a spring of 275 pounds tension.

Novak Djokovic is a Serbian professional tennis player who is currently ranked world No.1 in men's singles tennis by the Association of Tennis Professionals (ATP). He is generally considered one of the greatest tennis players of all time.  He is coached by former Slovak tennis player Marián Vajda and former German tennis player and six-time Grand Slam champion Boris Becker. Djokovic has won 12 Grand Slam singles titles, a total which is ranked fourth in history (tied with Roy Emerson), and has held the No. 1 spot in the ATP rankings for a total of 200 weeks. By winning three Grand Slam titles in 2011.  French Open : The French Open, often referred to as Roland Garros is a major tennis tournament held over two weeks between late May and early June at the Stade Roland Garrosin Paris, France. Named after the French aviator Roland Garros, it is the premier clay-court ennis championship event in the world and the second of four annual Grand Slam tournaments, the other three being the Australian Open, Wimbledon and the US Open. Roland Garros is the only Grand Slam event held on clay and ends the clay-court season. Because of the slow-playing surface and the five-set men's singles matches without a tiebreak in the final set, the event is widely considered to be the most physically demanding tennis tournament in the world.

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