Page-3 of Current Affairs - April, 2012

Cabinet approves for Indo-UK JV on affordable healthcare

The Cabinet approved the implementation of a joint venture programme on affordable Healthcare. The Department of Biotechnology and the Wellcome Trust, London, U.K., one of the world’s largest bio-medical research charities, propose to establish a joint funding initiative called R&D ..

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CCEA approves National Monsoon Mission

The Cabinet Committee on Economic Affairs approved implementation of the programme National Monsoon Mission of the Earth System Science Organization for a period of 5 years. Main Objective of National Monsoon Mission: To build a working partnership between the academic, ..

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EPF interest rate hiked to 8.6%

Interest rate on Employees’ Provident Fund will be increased from 8.25% to 8.6% in the current fiscal. The Employees’ Provident Fund Organisation (EPFO) had brought down the rate of interest to 8.25% for 2011-12 from 9.5% provided in 2010-11. The ..

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NET to be objective; no negative marking: UGC

The National Eligibility Test, NET, will be completely objective type from June 2012. The test conducted by University Grants Commission, UGC, will consist of 3 papers. As per the new examination pattern, there will be no negative marking. The National ..

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Integrated Vaccine Complex to come up in Tamil Nadu

The Centre proposes to set up an integrated vaccine production park in the country. It will be located at Chengalpattu in Kanchipuram district of Tamil Nadu. To be known as Integrated Vaccine Complex, it will produce and supply vaccines for ..

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Mullaperiyar dam structurally & hydrologically safe: Panel

Setting at rest the controversy over the safety of the 116-year-old Mullaperiyar dam, the Empowered Committee, headed by the former Chief Justice of India A.S. Anand, held that the dam is "structurally and hydrologically safe, and Tamil Nadu can raise ..

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RS passes amendment in Central Education Institutions Reservation Bill to ensure equity

The Rajya Sabha passed the Central Educational Institutions Reservation in Admission Amendment Bill 2010. The bill was passed by a voice vote. Objective: It provides that the State seats if any, in a Central Educational Institution situated in the tribal ..

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India’s Chrome ore production sufficient to meet demand

Government held that India’s production of Chrome ore is sufficient to meet domestic consumption and exports and the export of chrome ore is not directly impacting the steel industry. Further, there are no proposals to completely ban the export of ..

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IMF lowers India’s growth forecast to 6.9% for 2012

­­The IMF (International Monetary Fund) lowered India’s growth forecast to 6.9% for this year. The lowered growth outlook in 2012 owes much to a slowdown of investment which partly reflects structural factors IMF called for renewed efforts to revive the ..

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Over 250 lakh CFLs distributed under Bachat Lamp Yojana

Minister of State for Power, Mr. K.C. Venugopal held that over 259 lakh Compact Fluorescent Lamps (CFLs) have been distributed under Bachat Lamp Yojana, BLY and the scheme is proposed in the 12th Plan with modifications. The BLY scheme has ..

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