Daily Current Affairs 25th January, 2017

Daily Current Affairs 25th January, 2017

INTERNATIONAL

UK Government must get Parliament nod for Brexit:

  • Supreme Court The Supreme Court of United Kingdom has ruled that the British government cannot trigger Article 50 of the Lisbon Treaty to leave the European Union (or Brexit) without a parliamentary vote.
  • The SC upheld the verdict of the High Court. However, the court held that the government does not need to consult the devolved legislatures in Northern Ireland, Scotland and Wales.

About Brexit

What does Brexit mean?

  • It is a word that has become used as a shorthand way of saying the UK leaving the EU – merging the words Britain and exit to get Brexit.

Why is Britain leaving the European Union?

  • A referendum – a vote in which everyone (or nearly everyone) of voting age can take part – was held on Thursday 23 June, to decide whether the UK should leave or remain in the European Union. Leave won by 52{be19e8fcc7081f751eba9e03bd22e904e5cf3e86733381e655a03b1ab7839769} to 48{be19e8fcc7081f751eba9e03bd22e904e5cf3e86733381e655a03b1ab7839769}..

‘BREXIT’ AND IT’S EFFECTS ON THE INDIAN ECONOMY.

  • India is one of the most lucrative markets for foreign investors and, hence, it attracts attention globally. Britain always provided a gateway to the European Union. Many Indian businesses have their offices in Britain so they can avail benefits and continue to remain a part of the EU. But with Brexit, this benefit will be taken away and may result in companies relocating their business set ups to other places.
  • Brexit might also have a positive effect, but these results may not show up immediately. The process might take time considering that the new government will take time to design and implement their policies.
  • Automobile, Pharma and IT might be the most affected.
  • NASSCOM has predicted that the effect of Brexit will be felt on the $108 Billion Indian IT sector in the short term.
  • In the automobile industry, Brexit may lead to reduction in sales and companies that derive good revenues of profits from Britain could get hurt majorly.
  • Britain is one of the most sought after education destination for Indians. Before Brexit, British universities were forced to offer scholarships and subsidies to the citizens of the UK and EU. Brexit frees up funds for the other students and more Indian students might be able to get scholarships.
  • Reduction in pound value will reduce travelling cost to the UK and will make it a good travel destination.

Nikki Haley confirmed as new US envoy to UN

  • In United States, the Senate has confirmed Nikki Haley as the next Ambassador to the United Nations, making her the first Indian-American to serve on a Cabinet rank position in any presidential administration.


NATIONAL

SC for daily drug dosage regimen for TB patients

  • The Supreme Court  gave the government nine months to replace the thrice-a-week dosage norm of tuberculosis drugs with a daily dosage regimen recently approved by the World Health Organisation to curb relapse and deaths during treatment.

Cabinet Approvals- January 24, 2017

  • The Union Cabinet approved the on January 24, 2017 that aims to declare IIMs as Institutions of National Importance.
  • Cabinet gave its ex-post facto approval on for interest waiver for the two months of November and December, 2016 for farmers accessing short term crop loans from Cooperative Banks.
  • As a part of government’s commitment for financial inclusion and social security the Union Cabinet has given its post-facto approval to launch Varishtha Pension Bima Yojana 2017(VPBY 2017) on January 24, 2017.
  • Union Cabinet on January 24, 2017 approved a new scheme for promotion of Rural Housing in the country.
  • PM Modi gave approval for the ratification of the Second Commitment Period of the Kyoto Protocol on containing the emission of Green House Gases (GHGs) which was adopted in 2012. Till date, 65 countries have ratified the Second Commitment Period.
  • Cabinet Committee on Economic Affairs chaired by the Prime Minister Shri Narendra Modi approved the proposal of India Trade Promotion Organisation (ITPO)on January 24, 2017 for redevelopment of Pragati Maidan by setting up of a world class Integrated Exhibition-cum-Convention Centre (IECC) at Pragati Maidan, New Delhi.

ENVIRONMENT,SCIENCE AND TECH

Climate change plan to get 3 new missions India’s eight-point

  • National Action Plan on Assessment, Adaptation and Mitigation of Climate Change (NAPCC) to fight climate change will soon get three new missions.
  • They are missions on health, coastal zones and waste-to-energy and will be added to address the impact of climate change on health, coastal zones and waste-to-energy.
  • Since 2012, the Prime Minister’s Council on Climate Change India has instituted a NAPCC that has specified eight national missions.

China develops World’s Biggest Solar Park

  • China has built Longyangxia Dam Solar Park, the world’s biggest solar park in the western province of Qinghai in an effort to become the super powerful occupier of green energy.
  • The park covers an area over 27 square km and has capacity to produce 850 MW of power, enough to supply up to 200,000 households.
  • The construction of the solar park was started in 2013 at total costs around $875 million (around Rs. 6,000 crore).

India, UK join hands to launch project to tackle air pollution in Delhi   

  • India has partnered with the experts from United Kingdom for the project ASAP-Delhi (ASAP-Delhi stands for An Integrated Study of Air Pollutant Sources in the Delhi National Capital Region.)to study the air pollution level in Delhi and health problems associated it.
  • It will be led by University of Birmingham and also involve experts from the Indian Institute of Technology (IIT) Delhi, Indian National Physical Laboratory (INPL) and the University of Surrey.

IMPORTANT DAYS

National Voters’ Day being observed

  • The Election Commission of India will celebrate the 7th National Voters’ Day across the country today (25 January 2017) for enhanced participation of citizens in the electoral process.
  • The National level function will be held in New Delhi. President Pranab Mukherjee will give away awards for best electoral practices to District Collectors, Superintendents of Police and other functionaries involved in election management.
  • 25th January is also the foundation day of the Election Commission, which came into being on this day in 1950. The Commission’s objective through National Voters’ Day is to increase enrollment of voters, especially of the newly eligible ones. The Day is also utilized to spread awareness among voters regarding effective participation in the electoral process.

AWARDS

Prime Minister’s Shram Awards for the year 2015 Announced

  • The Government has announced the Prime Minister’s Shram Awards for the year 2015 to be awarded to 56 workers employed in the Departmental Undertakings & Public Sector Undertakings of the Central and State Governments and Private Sector Units employing 500 or more workers.
  • The awards are given in recognition of their distinguished performances, innovative abilities, outstanding contribution in the field of productivity and exhibition of exceptional courage and presence of mind.

Venezuela awards peace prize to Russia Prez Vladimir Putin

  • Venezuelan President Nicolás Maduro has awarded the first ever Hugo Chavez Prize for Peaceand Sovereignty to Russian President Vladimir Putin.

List of Padma awardees 2017

  • The Padma Vibhushan is the second-highest civilian award of the Republic of India, preceded by Bharat Ratna and followed by Padma Bhushan and Padma Shri (also Padmashree) is the fourth highest civilian award in the Republic of India, after the Bharat Ratna, the Padma Vibhushan and the Padma Bhushan. Awarded by the Government of India, it is announced every year on India’s Republic Day.
  • This Year both Padma Vibhushan and Padma Shri awards given are as follows:
  • Padma Vibhushan awardees: Sharad Pawar, Murli Manohar Joshi, K.J.Yesudas, Mufti Mohammad Sayeed, P.A. Sangma, Sunder Lal Patwah, VishwaMohan Bhat.
  • Padma Shri awardees: Basanti Visht, Chemanchari K. Nair, Sadhu Meher, T. K. Murthy, Emrat Khan, L. Birender Kumar Singh, Baoa Devi, Tilak Gitai, Kailash Kher, Mukund Naik, Sukri Bommagowda, Anuradha Podwal, Wareppa Naba Nil, T. K. Vishwanathanan, Kanwal Sibal, G. Venkata Subbaiah, Akkitham Achuthan Namboothiri, Birkha Bahadur Limboo Muringla, Eli Ahmed, Bhavna Somaya, Kashinath Pandit,Harkishan Singh, Dr Mukut Minz, Sanjeev Kapoor, Ashok Kumar Bhattacharya, H. R. Shah,Anuradha Koirala, Dr Mapuskar, Karimul Haque, Virat Kohli, Sakshi Malik, Dipa Karmakar, Vikas Gowda, Srijesh, M. Thanghavelu.

APPOINTMENT

UN appoints Director of UNIC in New Delhi

  • Derk Segaar has been appointed Director of the New Delhi based United Nations Information Centre (UNIC) covering India and the Kingdom of Bhutan by the UN Secretary-General António Guterres

 

 

 

 

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