Assam inclusion paves the way for boundary pact with Bangladesh

Clearing the decks for ratification and operationalisation of a historic land boundary agreement between India and Bangladesh, the Union Cabinet, on 5 May 2015, cleared  a constitutional amendment Bill for consideration and adoption by the two houses of Parliament.

The Constitution (119th Amendment) Bill, 2013 now includes territories in Assam, West Bengal, Meghalaya and Tripura for exchange with Bangladesh. Many of these are enclaves (territory belonging to one country entirely surrounded by the other country), even enclaves within enclaves.

CLICK HERE to know the background, details of India-Bangladesh land swap deal.

Via – The Indian Express

 

Current Affairs sections updated with March 2015 events

The Current Affairs sections:

Notes on Current Affairs
Current GK
Appointments Etc
Sports News

have been updated with March 2015 news.

These sections are useful for those preparing for Civil Services Exam, UPSC Exams, SSC Exams, Assistant Grade Exam, LIC and other Insurance Recruitment exams, Defence Services exams like NDA & CDS, Bank PO, RBI, Clerks’ Recruitment Exams, MBA, Hotel Management, CLAT, CSAT etc

Current Affairs sections updated with February 2015 events

The Current Affairs sections:

Notes on Current Affairs
Current GK
Appointments Etc
Sports News

have been updated with February 2015 news.

These sections are useful for those preparing for Civil Services Exam, UPSC Exams, SSC Exams, Assistant Grade Exam, LIC and other Insurance Recruitment exams, Defence Services exams like NDA & CDS, Bank PO, RBI, Clerks’ Recruitment Exams, MBA, Hotel Management, CLAT, CSAT etc

Disasters cost India $10bn per year: UN report

A new United Nations global assessment report on disaster risk, released last week, says India’s average annual economic loss due to disasters is estimated to be $9.8 billion. This includes more than $7 billion loss on account of floods.

The global assessment report (GAR) 2015, produced by the UN Office for Disaster Risk Reduction (UNISDR), has urged countries, particularly in Asia, to treat this as a wake-up call and make adequate investment in disaster risk reduction (DRR) or it will hinder their development.

“The report is a wake-up call for countries to increase their commitment to invest in smart solutions to strengthen resilience to disasters,” head of UNISDR Margareta Wahlstrom said.

CLICK HERE to read further

Via – The Times of India

Solar-Powered Plane Takes Off in First Round-the-World Attempt

The first attempt to fly around the world in a plane using only solar power launched on 9 March in Abu Dhabi, in a landmark journey aimed at promoting green energy.

The Solar Impulse 2, piloted by Andre Borschberg of Switzerland, took off at 7:12 am, local time, from Al-Bateen airport and headed to Muscat, the capital of Oman.

The wingspan of the one-seater plane, known as the Si2, is slightly bigger than that of a jumbo jet, but its weight is around that of a family car. The plane is powered by more than 17,000 solar cells built into wings that, at 72 metres, are longer than a jumbo and approaching that of an Airbus A380 super-jumbo. The propellor craft has four 17.5 horsepower electric motors with rechargeable lithium batteries.

It will travel at 50-100 kilometers per hour, with the slower speeds at night to prevent the batteries from draining too quickly.

The Si2 is the successor to Solar Impulse, a smaller aircraft that notched up a 26-hour flight in 2010, proving its ability to store enough power in the batteries during the day to keep flying at night.

It will make 13 stops on an epic journey spread over five months, with a total flight time of around 25 days. Its progress can be monitored via live video streaming at www.solarimpulse.com.

Budget Impact – States’ burden to run 32 of 63 schemes shoots up

State governments will now have to bear either the entire or an increased financial burden to run half the schemes being rolled with the assistance of the Centre.

At least eight centrally sponsored schemes will henceforth not get any Union finances at all while 24 schemes will see significant cuts in central share with the states having to put in money.

The eight schemes which stand de-linked from central funding are — the National e-governance plan, Backward Region Grant Funds, scheme to modernise police, another to develop export infrastructure, the scheme for setting up 6,000 model schools, the National Mission on Food Processing, the Rajiv Gandhi Panchayat Empowerment Scheme and lastly, the scheme on tourist infrastructure.

CLICK HERE to read further

Via – tribuneindia.com

A look at India’s last five annual budgets

With the BSE Sensex gaining nearly 30 percent in 2014 and about 6 percent so far this year, investors are eagerly awaiting reforms in the budget, which is being billed as a “make-or-break” event for the government of Prime Minister Narendra Modi.

Based on a new calculation method, India grew 7.5 percent year-on-year in the last quarter and is on track to expand 7.4 percent in the year through March 31, but experts say the revised growth numbers are at odds with evidence on the ground.

Here’s a look at budgets between 2010 and 2014 — the hits, the misses, and how they affected the common man.

CLICK HERE to read further

ViaReuters.com