Page-2 of Current Affairs - December, 2016

FIPB clears 6 FDI proposals worth Rs 1,200 crore

The Foreign Investment Promotion Board (FIPB) has approved six Foreign Direct Investment (FDI) proposals worth Rs 1,200 crore. Decision in this regard was taken by FIPB meeting headed by Economic Affairs Secretary Shaktikanta Das. It has approved the proposals of, ..

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CBDT inks 2 unilateral APAs with taxpayers

The Central Board of Direct Taxes (CBDT) signed two unilateral Advance Pricing Agreements (APAs) with Indian taxpayers pertain to the Information Technology and automobile sectors. The international transactions covered in these two agreements include software development services, IT enabled services ..

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Government launches Swachh Swasth Sarvatra initiative

Union Government launched Swachh Swasth Sarvatra initiative to strengthen health centres in open defecation-free (ODF) blocks. The objective of this initiative is to strengthen community health centres in 708 ODF blocks across the country to enable them to achieve higher ..

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27th meeting of Southern Zonal Council held at Thiruvananthapuram

The 27th meeting of the Southern Zonal Council held at Thiruvananthapuram, Kerala was chaired by Union Home Minister Rajnath Singh. The Southern Zonal Council consists of Kerala, Karnataka, Telangana, Tamil Nadu, Puducherry (UT) and Andhra Pradesh. Key Facts Many important issues ..

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Government invites comments for creating new Financial Redressal Agency

The Union Government has invited public comments on a report for the creation of a Financial Redressal Agency (FRA). The report also calls for a new financial consumer protection and redressal legislation and also recommends an initial budget of Rs. ..

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Government launches IVRS platform to tackle call drops

The Union Government has launched Integrated Voice Response System (IVRS) system in a bid to tackle the call drop menace. The system was launched at multiple locations including Delhi and Mumbai to obtain direct feedback from subscribers on call quality ..

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Union Cabinet approves ordinance to make possession of old notes penal offence

The Union Cabinet approved promulgation of Specified Bank Notes Cessation of Liabilities Ordinance to penalise persons holding banned 500 and 1,000 rupee notes. It will come into force once it gets Presidential assent as per Article 123 of the Constitution. ..

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China launches 2 high resolution remote sensing satellites

China has successfully launched pair two high-resolution remote sensing satellites SuperView-1 01 and 02 to get commercial images. These satellites were launched on-board of Long March 2D rocket from the Taiyuan Satellite Launch Centre in Shanxi Province. They will provide ..

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CCEA approves Road Connectivity Project for Left Wing Extremism affected areas

The Cabinet Committee on Economic Affairs (CCEA) has approved Road Connectivity Project for Left Wing Extremism (LWE) Affected Areas to improve rural road connectivity in worst LWE affected districts critical from security and communication point of view. The project will ..

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Union Cabinet approves ratification of International Solar Alliance

The Union Cabinet gave its approval to the proposal of Union Ministry of New & Renewable Energy (MNRE) for ratification of International Solar Alliance (ISA) Framework Agreement by India. The Agreement was opened for signature on the sidelines of 22nd ..

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