Page-15 of Current Affairs - August, 2013

Rail Tariff Authority gets Cabinet’s approval

Union Cabinet has given nod to the set up Rail Tariff Authority (RTA) in order to improve the financial situation of the Railways forthwith without any delay. The RTA has been mandated to completely eliminate the subsidy component and cross-subsidy ..

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EM-DAT data: Surge in natural disasters linked to population density

As per a recent study report released by the Asian Development Bank (ADB), an increase in people living in perilous conditions, poverty, environmental degradation and climate change have been rendering India vulnerable to intense disasters. These conditions that lead to ..

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Health Ministry revokes Pioglitazone suspension

As per a notification issued by the Union Health Ministry, the suspension imposed on the diabetes drug Pioglitazone and all its combinations has been repealed. Why Pioglitazone was banned earlier? Under the Drugs and Cosmetic Act 30-B, sale of any drug, ..

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CCEA gives nod to IIT-H’s project with Japan

The Cabinet Committee on Economic Affairs has approved the ‘collaboration of IIT-Hyderabad and Japan’– a joint project which aims at value-addition for the institute, along with an academic and industry interface between the institute and Japan. The project will be carried ..

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CCEA nod to create Special National Investment Fund

The Cabinet Committee on Economic Affairs (CCEA) has approved a mechanism to bring down the government shareholding in its six sick companies to the required 90% or less. As per CCEA decision, a Special National Investment Fund will be created to transfer shares ..

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Research links Climate Change to Human Conflict

As per a latest study from University of California, Berkeley which analysed 60 studies on climate change, by 2050, human conflict could rise by 50% due to the rising temperatures. The study covered all major types of violence and revealed ..

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France to reduce Rafale order, programme depends upon Indian defense deal

France government has decided to cut back its orders for Rafale fighter jets from the current 11 per year to just 26 over the next six years. The move is likely to de-stabilize the entire Rafale programme unless Dassault Aviation ..

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Sugathakumari conferred with Saraswati Samman 2013

Noted Malayalam poetess Sugathakumari has been conferred with the prestigious Saraswati Samman 2012 for Manalezhuthu (the Writings on the Sand), a collection of poems in Malayalam. About Saraswati Samman Award Saraswati Samman Award was instituted by KK Birla Foundation in 1991 to ..

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Lucknow zardozi gets GI (Geographical Indication) registration

The Geographical Indication Registry (GIR) has accorded the Geographical Indication (GI) registration to the Lucknow Zardozi – the world renowned textile embroidery. The Zardozi products manufactured in areas in Lucknow and surrounding districts have now become a BRAND and will carry a registered logo to ..

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CCEA approves dilution of safeguards for FDI in multi-brand retail

The Cabinet Committee on Economic Affairs (CCEA) has given its nod for the “dilution” of certain safeguards including relaxing the 30% sourcing norm and doing away with the mandatory 50% condition for backend infrastructure investment which were approved by Parliament ..

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