Page-9 of Current Affairs - December, 2017

Lok Sabha passes Requisitioning and Acquisition of Immovable Property (Amendment) Bill, 2017

The Lok Sabha has passed Requisitioning and Acquisition of Immovable Property (Amendment) Bill, 2017 to make it easier for government to acquire immovable property for “national security and defence purpose”. The Bill amends the Requisitioning and Acquisition of Immovable Property ..

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Naseem-Al-Bahr 2017: India, Oman conducts naval exercise

The 11th edition of Naseem-Al-Bahr (Sea Breeze) 2017 Naval exercise between India and Oman was held at Said Bin Sultan Naval Base, Wudam in Oman. The year marks 24 years of Indian Navy-Royal Navy of Oman bilateral exercises that has ..

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IMF and WB jointly release Financial System Stability Assessment report

The International Monetary Fund (IMF) and World Bank (WB) has released the Financial System Stability Assessment (FSSA) and Financial Sector Assessment (FSA) respectively. It was second comprehensive Financial Sector Assessment Program (FSAP) of Indian financial system undertaken by the joint ..

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Lok Sabha passes Indian Forest (Amendment) Bill, 2017

The Lok Sabha passed Indian Forest (Amendment) Bill, 2017. The bill replaces Indian Forest (Amendment) Ordinance, 2017 promulgated by President Ram Nath Kovind in November 2017 and amends Indian Forest Act, 1927. Background Though, bamboo was taxonomically a grass, it ..

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India's First National Rail and Transportation University to come at Vadodara

The Union Cabinet has approved proposal of Ministry of Railways to set up first ever National Rail and Transport University (NRTU) in Vadodara to skill its human resources and build capability. The University will be set up as Deemed to ..

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Cabinet extends term of Commission to examine the issue of sub-categorization of OBCs

The Union Cabinet has approved extension of term of Commission to examine the issue of sub-categorization of Other Backward Classes (OBCs), by 12 weeks i.e. upto 2 April, 2018. The extension of tenure will enable Commission to submit a comprehensive ..

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STRIVE Project: India inks $125 Million Financing Agreement with World Bank

India has inked Financing Agreement with World Bank for International Development Association (IDA) Credit of US $125 million (equivalent) for Skills Strengthening for Industrial Value Enhancement Operation (STRIVE) Project. The objective of project is to improve access to quality and ..

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India, Sri Lanka complete 2nd phase of joint oceanographic survey

Indian Navy in collaboration with Sri Lankan counterpart has successfully completed second phase of joint oceanographic survey conducted off the South Western Coast of Sri Lanka. The Indian side has handed over the survey charts to the Commander of the ..

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