Current Affairs - January, 2017

Highlights of Economic Survey 2016-17

Union finance Minister Arun Jaitley tabled the Economic Survey 2016-17 in Parliament budget session. The survey prepared by chief economic adviser in the finance ministry Arvind Subramanian. The survey projects the economy to grow in the range of 6.75% to ..

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Bombay Natural History Society launches climate change programme in Central Himalayas

The Bombay Natural History Society (BNHS) has launched climate change programme to conduct study to assess the status, distribution and conservation of Pheasants and Finches in Central Himalayas. It is long-term monitoring project funded by Oracle and facilitated by CAF-India. ..

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Finance Ministry to aid Rashtriya Rail Sanraksha Kosh for rail safety

The Union Finance Ministry has agreed to contribute partially to a new dedicated railway safety fund named as ‘Rashtriya Rail Sanraksha Kosh’ in the upcoming Union Budget 2017-18. The proposed safety fund will be utilised for track improvement, bridge rehabilitation, ..

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IT Ministry urges tax incentives for PC manufacturers too

The Ministry of Electronics and Information Technology (MeitY) in its key recommendations for Union Budget 2017-18, has suggested differential excise duty regime and tax exemptions to be expanded to personal computers and servers. Ministry’s suggestions were as per the Phased ..

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Vampire star caught in the act by ASTROSAT

India’s first dedicated space observatory, ASTROSAT has captured the rare phenomenon of a small six-billion-year-old vampire star preying on a bigger celestial body. The vampire star phenomenon is observed when smaller star sucks material (mass and energy) out of the ..

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Government Constitutes Task Force to prepare Action Plan for Next three Olympic Games

Prime Minister Narendra Modi has approved the constitution of eight members Task Force committee for preparing action plan for next three Olympic Games 2020, 2024 and 2028. It has been given three months’ time to submit its report regarding a ..

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SC appoints Committee of Administrators headed by Vinod Rai to run BCCI

The Supreme Court has appointed former Comptroller and Auditor General (CAG) Vinod Rai as head of four-member Committee of Administrators to run Board of Control for Cricket in India (BCCI). Other three members of the committee are noted historian Ramachandra ..

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Karnataka government to amend law for conducting kambala

The Karnataka government has decided to bring an amendment to the Prevention of Cruelty to Animals Act (PCA), 1960 for conducting traditional sports of Kambala and bull-cart race in the State. State Cabinet meeting presided by Chief Minister Siddaramaiah approved ..

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