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Current Affairs for 29 March 2016
March 29, 2016
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DEFEXPO2016: PARRIKAR ANNOUNCES NEW DEFENCE PROCUREMENT POLICY

Defence Minister Manohar Parrikar on Monday announced the launch of Defence Procurement Procedure (DPP). He made the announcement while speaking at the inaugural ceremony of Defence Expo 2016 at Naqueri-Quitol, Goa.

The amended DPP, according to Parrikar, is aimed at boosting India’s target of ‘Make in India’ policy, besides creation of major domestic defence industry to cater to its own needs as well as exports.

Parrikar also ensured the offsets or concerns of many foreign company’s have been taken care of, adding that the few pending ones will be tackled in the coming months. “Under the amended DPP we have ensured that the procurement takes place in a transparent manner but at a faster speed,” he said.

Besides, the policy will encourage local industry, by helping introduce top priority category called Indian Designed Developed and Manufacture (IDDM). “For Make in India FDI levels have to be increased to 49 per cent through automatic route and even higher percentage can be considered,” he said.


 

HARYANA CABINET APPROVES JAT RESERVATION BILL

The Haryana Cabinet on Monday approved the Jat Reservation Bill. This comes a day after the Akhil Bhartiya Jat Aarakshan Sangharsh Samiti (ABJASS), the body that spearheaded the quota stir in February, on Sunday threatened to resume the agitation if its demands were not met by the end of March.

In February, 30 people had lost their lives during the nine-day violent agitation by Jats demanding 10% quota in government jobs and educational institutions.


ISRO SET TO LAUNCH 22 SATELLITES ON ONE ROCKET

Multiple satellite launch mission will flag ISRO’s capability

When the PSLV C34 rocket blasts off from the Satish Dhawan Space Centre at Srikarikota in May this year, it will signal another giant leap for India’s space mission. The trusted launch vehicle will inject 22 satellites into orbit, a first in the history of the Indian Space Research Organisation (ISRO).

Apart from the Indian remote sensing satellite, Cartosat 2C, which constitutes the primary payload, the rocket will carry on board four micro-satellites weighing 85 to 130 kg each and 17 nano-satellites weighing 4 to 30 kg.

As many as 18 satellites are being launched for foreign agencies including those from the U.S., Canada, Germany, and Indonesia. Two of the nano-satellites have been developed by the Pune Engineering College and Sathyabhama University.

The micro-satellites include the M3MSAT of Comdev, Canada, to be used for collection and study of automatic identification system signals from low earth orbit, the Indonesian satellite LAPAN A3 for earth surveillance and magnetic field monitoring, the German satellite BIROS to be used for remote sensing of high temperature events and SKYSAT Gen2-1 of Skybox, U.S., for earth imaging.

The nano-satellite payload includes three quadpacks of four earth imaging technology demonstrator satellites each of Spaceflight, U.S., and a package of two Canadian satellites designed to measure greenhouse gases in the atmosphere.

In April 2008, ISRO had launched 10 satellites into orbit using the PSLV C9 rocket.


PM MODI LEAVES FOR BRUSSELS TOMORROW AS PART OF THREE-NATION TOUR

A week after the deadly terror bombings in Brussels, Prime Minister Narendra Modi will leave for the Belgian capital on Tuesday night as part of a three- nation tour during which he will attend the Nuclear Security Summit in Washington and visit Saudi Arabia.

In Brussels, Modi will attend the long-pending India-EU summit. He will also hold a bilateral summit meeting with his Belgian counterpart Charles Michel where ways to deal with terrorism will form a “very important part”. The India-EU Summit is aimed at deepening the strategic partnership between the two sides which are likely to deliberate on ways to finalise the free trade agreement. The last Summit had taken place in 2012.

From Brussels, Modi will leave for Washington to attend the 4th Nuclear Security Summit (NSS) on March 31 and April 1 where he will be making some specific announcemnents and proposals with regard to nuclear security.


DELHI GOVERNMENT PRESENTS RS 46,600 CRORE BUDGET; GARMENTS, SHOES MAY BE CHEAPER

The Aam Aadmi Partygovernment today presented a “tax-free” budget and rationalised the VAT structure which may reduce the cost of products such as readymade garments, shoes, watches and electric and hybrid vehicles in the national capital.

Deputy Chief Minister Manish Sisodiapresented a Rs 46,600 crore annual budget for 2016-17, pegging plan outlay at Rs 20,600 crore. Expectedly, education, health and transport sectors got the lion’s share of the total allocation.

The budget also proposed to provide drinking water to all authorised and unauthorised colonies by December 2017 through pipelines. Sisodia set aside an amount of Rs 676 crore in this regard.

Rs 10,690 crore was earmarked for education, a rise of 8.68 per cent over last year. Of this, Rs 4,645 crore is for plan expenditure (23 per cent), highest among all the heads.


 

JASON DAY REGAINS CROWN

Australian Jason Day, the new World No. 1, beat Louis Oosthuizen 5 and 4 to win his second WGC Match Play crown here on Sunday.

Day, the 2014 champion, had beaten defending champion Rory McIlroy 1 up on Sunday morning in a heavyweight semifinal showdown.

There was further disappointment in store for McIlroy, as Spain’s 52nd-seeded Rafa Cabrera Bello defeated the third seed from Northern Ireland 3 and 2 in the consolation final to claim third place. Oosthuizen had beaten Cabrera Bello 4 and 3 in the semis.

Day joined Tiger Woods and fellow Australian Geoff Ogilvy as multiple Match Play winners.

He opened the title match with a bogey to go 1 down, but had rallied to lead 1 up through four holes and stretched his lead from there.


 

NATIONAL AWARDS: KANGANA, AMITABH BACHCHAN WIN TOP HONOURS

Actors Kangana Ranaut and Amitabh Bachchan have won their third and fourth National Awards respectively. Kangana won Best Actress for Tanu Weds Manu Returns and Big B won Best Actor for Piku. Kangana, 29, also won the Best Actress National Award last year for Queen and the Best Supporting Award for Fashion in 2009. This is 73-year-old Mr Bachchan’s fourth win after Agneepath, Black and Paa.

The multi-lingual blockbuster Baahubali has won Best Feature Film and Sanjay Leela Bhansali has been awarded Best Director for Bajirao Mastani, which won several other awards. Salman Khan’s Bajrangi Bhaijaan won Best Wholesome Family Entertainer. Baahubali also won the award for Best Special Effects.