Current Affairs November-11-20-2014

8/10/2019 Current Affairs November-11-20-2014

1/29

November 11-20 2014 Current Affairs

Defence India-Israel joint venture LRSAM missile

successfully tested

Long Range Surface-to-Air Missile (LRSAM) co-

developed by India and Israel, was successfully test-

fired from a range in Israel. The test fire was carried

by Israel Aerospace Industries (IAI) in the presence of

DRDO scientists and officials of the Indian ArmedForces.

The successful test marked a milestone in bilateral

cooperation of the two countries in developing

advanced weapon systems.

Importance of Long Range Surface-to-Air Missile

(LRSAM)

LRSAM will be deployed on the newly commissioned

INS Kolkata, which had to be inducted without the

weapon system due to delays in testing.

It would also be deployed on other naval ships

including recently commissioned INS Kamorta.

About Long Range Surface-to-Air Missile (LRSAM)

LRSAM is called Barak 8 missilein Israel. Barak is the

Hebrew word for Lightning.


2/29

It is designed to counter a wide variety of air-borne

threats such as anti-ship missiles, aircraft, UAVs and

drones as well as supersonic cruise missiles.

Barak 8 is an advanced, long-range missile defence

and air defence systemwith main features being:

Long Range

Active Radar Seeker Missile

Vertical Launch

Multiple Simultaneous Engagements.

Tag LRSAM Indo-Israeli missile

Social

Security

Launch of Jeevan Pramaan: Digital life

certificate for pensioners

The Jeevan Pramaan scheme- an Aadhar based

Digital Life Certificate for pensionerswas recently

launched. This digital life certificate scheme will

benefit over 1 crore pensioners who have to produce

Life Certificates each year to receive pension.

Earlier, pensioner either personally presented himselfbefore the Pension Disbursing Agency or used to

submit a Life Certificate issued by authorities

specified by the Central Pension Accounting Office

(CPAO).


3/29

Through this certificate, a pensioner now can digitally

provide proof of his existence to authorities for

continuity of pension every yearinstead of requiring

presenting himself physically or through a Life

Certificate issued by specified authorities.

Key Facts about Jeevan Praman

The Department of Electronics and IT has developed a

software application which will enable the recording

of the pensioner`s Aadhar number and biometric

details from his mobile device or computer by

plugging in a biometric reading device.

Key details of the pensioner including date, time and

biometric information will be uploaded to a central

database on real-time basis.

It will enable the Pension Disbursing Agency to access

a Digital Life Certificate. This will conclusively

establish that the pensioner was alive at the time of

authentication.

This software application system will be made

available to pensioners and other stakeholders on alarge scale at no extra cost.

It can be operated on a personal computer or a

smartphone along with an inexpensive biometric

reading device.

Tag Jeevan Pramaan Digital Life Certificate


4/29

Award Jnanpith award 2013 conferred on Hindi poet

Kedarnath Singh

President Pranab Mukherjee conferred the 49th

Jnanpith Award (for year 2013) to eminent Hindi poet

Kedarnath Singhfor his outstanding contribution

towards Indian literature. He was conferred this

award at a function held at Balyogi Auditorium,

Parliament Library Building in New Delhi.

Kedarnath Singh as a poet has offered a rare

assimilation of rhymes and lyrical prose, exploring

both the realms of reality and fantasy with equal

felicity. His poetry presents a collage of meaning,

colours and acceptance.

He is the 10th Hindi writerto receive the award.

About Kedarnath Singh

Kedarnath Singh was a celebrated teacher who had

taught at Jawaharlal Nehru University (JNU).

He was born in Balia of Uttar Pradesh and is known

for his work Abhi bilkul abhi and Yahan se dekho.

He is also an eminent critic and essayist. He was also

awarded Sahitya Akademi Award (1989) in Hindi for

his poetry collection, Akaal Mein Saras.


5/29

He became famous with a book entitled Teesra

Saptakedited by Sachchidananda Hirananda

Vatsyayan whose pen name was Agyeya.

About Jnanpith Award

The Jnanpith Award is a literary award in India. Along

with the Sahitya Akademi Fellowship, it is one of the

two most prestigious literary honours in the country.

The name of award is taken from Sanskrit words,

Jnana and Pitha (knowledge-seat).

The award includes 11 lakh rupees and a citation

plaque and a bronze replica of Saraswati.

The award was instituted in 1961. It is presented by

the Bharatiya Jnanpith trust founded by the Sahu Jain

family. The award is given to any Indian citizen who writes in

any of the 22 official languagesof India mentioned in

VIII Schedule of Constitution.

Prior to 1982, the awards were given for a single work

by a writer; since then, the award has been given for

a lifetime contribution to Indian literature.

Tag Kedarnath Singh

Financial

Inclusion

Kerala became first state with bank accounts

for all families


6/29

Kerala Finance Minister KM Mani announced that

Kerala has become the first state in the country to

have bank accounts for all families under Pradhan

Mantri Jan Dhan Yojna (PMJDY). This formal

declaration was by minister at the State-Level

Bankers Committee (SLBC) meeting in

Thiruvananthapuram.

Under the PMJDY, Kerala has opened about 13 lakh

new accounts and has mobilised 326 crore rupees

through intensive financial literacy campaigns

launched under the support of the State Level

Bankers Committee (SLBC).

Kerala was able to achieve this target under PMJDY

ahead of schedule because of Financial Literacy

Centres which are active in all the 152 blocks of state.Under this scheme, 5.25 lakh rupees debit cards have

been issued by all banks.

State government is also opening a second account

separately for the woman in each household under

PMJDY.

Tag Bank accounts for all

Security Government bans Kamatapur Liberation

Organisation


7/29

Central Government has banned Kamatapur

Liberation Organisation (KLO), which operates in

West Bengal and Assam. An official gazette

notification of Union Home Ministry mentioned that

under the Unlawful Activities Prevention Act, 1967, it

has proposed to add KLO and all its formation and

front organisations as a terrorist organisation. With

this notification, KLO is listed in the First Schedule of

Act and has joined other 37 militant organizations.

About Kamatapur Liberation Organisation (KLO)

KLO came into existence in 1993to achieve the

objective of a separate sovereign Kamatapur state.

It has been consolidating its position in the 14 districts

in Assam and 6 districts in West Bengal both

organisationally and in terms of weapons and cadres.

Reasons for formation

It was formed to address problems of the Koch

Rajbongshi community and perceived neglect of

Kamtapuri language, large-scale unemployment, land

alienation, identity and grievances of economic

deprivation of the community.

Demand

The group has emerged as a major threat and is

demanding an independent county Sovereign

Kamatapur State of ten districts in West Bengal and


8/29

Assam. The 10 districts demanded by them includes

six districts of North Bengal namely Cooch Behar,

Darjeeling, Jalpaiguri, North Dinajpur, South Dinajpur,

Malda and four of lower Assam, Kokrajhar,

Bongaigaon, Dhubri and Goalpara.

It is alleged that the KLO is having links with other

North-east militant groups such ULFA and National

Democratic Front of Bodoland (NDFB).

Tag Kamatpur Liberation Organisation

International Sri Lanka Supreme Court gives nod to

Mahinda Rajapaksa for third time contest

The Supreme Court of Sri Lanka has given nod to

President Mahinda Rajapaksa to contest for third

term as President. Sri Lankan Presidents decision to

go for a third term was publicly questioned by former

Chief Justice of the Supreme Court Sarath Silva, on

the grounds that he was elected President for the

second term before the enactment of the 18th

constitutional amendment, which removed the cap

on the number of times an incumbent President could

contest.

Retired Justice Silvas contention was that Rajapaksa

had contested and won the election on January 27,

2010, prior to the enactment of the 18th


9/29

Amendment, at a time when there was a limit of two

terms. And a Presidents term begins on the day he

gets elected. Therefore, Rajapaksa could not bid for a

third term.

Sri Lanka Supreme Courts decision

The Court in its decision mentioned that there is no

legal barrier preventing the President to stand for a

third six-year term.

Tag Sri Lanka elections

Sports Lee Chong Wei provisionally suspended for

anti-doping regulation violation

Badminton World Federation (BWF) has provisionally

suspended Malaysian badminton player and World

No. 1 Lee Chong Wei due to an apparent anti-doping

regulation violation. BWF, world-governing body for

has Badminton has imposed this suspension due to an

adverse analytical finding of a sample taken at the

World Championships in August, 2014.

The provisional suspension means the athlete is

barred temporarily from participation in any

competition prior to the Doping Hearing Panels

decision. The BWF has referred this matter to its

Doping Hearing Panel and, in due course, the chair of

the panel will set the time, date and location of a


10/29

hearing. The panel will determine whether or not the

athlete has committed an anti-doping regulation

violation.

About Lee Chong Wei

Lee Chong Wei is a Malaysian Chinese professional

badminton player.

As a singles player, he was ranked first worldwide for

199 consecutive weeks from 21 August 2008 to 14

June 2012.

Achievements: He has won 55 career tittles and was

named the BWF player of the year four times. He has

won silver at 2008 Beijing and 2012 London Olympics.

He is a four time Commonwealth Games gold Medalist,

2 each in singles and mens team events. He has wonthree silver medals and a bronze at the World

Championships. He was part of the Silver medal winning

Malaysian team at the 2014 Thomas Cup.

Tag Anti-doping regulation

Space

Science

Rosetta missions Philae probe landed on

Comet 67P


11/29

Rosetta mission of European Space Agency (ESA)has

landed its Philae probeon the surface of Comet 67P/

ChuryumovGerasimenko. Philae probe landing on

Comet 67P made a Space history, as for the first time

probe has landed on a comet.

The landing site of Philae probe has been named as

Agilkia and is located on the head of the bizarre

double-lobed object of Comet. Name Agilkia was

chosen by ESA in honour of Agilkia Island, in a public

contest.

Philaes mission:

Philaes mission is to transmit data about

composition of the comet after landing on its

surface. It will provide elemental, isotopic, molecular

and mineralogical composition of the comet material.

The lander is named after Philae Island in the Nile

River, Egypt where an obelisk (a tall, four-sided,

narrow tapering monument) was found and used,

along with the Rosetta stone, to decipher Egyptian

hieroglyphics.

About Spacecraft Rosetta and Comet 67P

67P was first discovered in 1969 by Soviet

astronomers Ivanovych Churyumov and Svetlana

Ivanova Gerasimenko. It is also known as Comet

ChuryumovGerasimenko.


12/29

The spacecraft has been named after the Rosetta

Stone, the discovery of which in 1799 provided the

key to translating Ancient Egyptian hieroglyphs and

Demotic script into Ancient Greek (and thus any other

language).

Mission

The 1 billion pound (1.58 billion US dollars) Rosetta

mission blasted off from Europes spaceport in

Kourou, French Guiana, in March 2004, for a long

journey involving loops around the Sun as it aimed to

get onto the same orbit as 67P.

Rosetta has traversed over 6 billion n km, passing by

Earth three times, Mars once, and flew by two

asteroids, using the gravitational pull of those bodies

to change velocity and catch up with 67P.It had

travelled through the Solar System before reaching at

orbit of Comet 67P on 6th August 2014. The mission

aims to know mysteries of comets made from ancient

material that predates the origin of the solar system.

Tag Comet landing

Sports Rohit Sharma breaks record for highest one-

day international score ever


13/29

Indian cricketer Rohit Sharma has made history by

scoring the highest ODI score of 264 runs. He

achieved this distinction during the 4th ODI between

India and Sri Lanka played at Kolkata. Rohit

surpassed several records including Virender

Sehwags 219 and his own 209scored against

Australia in Bangalore in November 2013.

He made this record score in 173 which included 33

fours and 9 sixes. He got to his 50 off 72, 100 off 100,

150 off 125, 200 off 151 and 250 off 166.

He also became only the fifth Indian batsman after

Gautam Gambhir, Virender Sehwag, Sourav Ganguly

and Sachin Tendulkar to post two or more scores in

excess of 150 in ODIs.

Indian cricketers to reach Double century milestone:

Sachin Tendulkar was the first Indian cricketer to

reach double century landmark against South Africa in

2010. The second one to do so was Virendra Sehwag

who scored 219 against West Indies in the year 2011.

Third one was Rohit Sharma to score 209 runs againstAustralia in 2013.

Tag Rohit Sharma


14/29

Defence India successfully test-fires nuclear-capable

Prithvi-II missile

India has successfully test-fired its indigenouslydeveloped nuclear-capable Prithvi-II surface-to-

surface missile, from Chandipur test range in Odisha.

It was fired from a mobile launcher in salvo mode

from launch complex-3 of Integrated Test Range. In

the test, missiles trajectory was tracked by DRDO

radars, electro-optical tracking systems and telemetrystations located along the coast of Odisha.

This test was part of a regular training exercise of

Strategic Force Command of Defence (SFC) and

monitored by Defence Research & Development

Organisation (DRDO).

The purpose of the test was clearly to indicate Indias

operational readiness to meet any eventuality and

also establishes the reliability of this deterrent

component of Indias Strategic arsenal.

Facts about Prithvi-II Missile

Prithvi-II is indigenously developed nuclear-capable

missile. It has a strike range of 350 km. It is capable

of carrying 500 kg to 1000 kg of warheads.It is

powered by liquid propulsion twin engines. It uses

advanced inertial guidance system with manoeuvring

trajectory. It was the first missile to be developed by

DRDO under Indias prestigious Integrated Guided


15/29

Missile Development Program (IGMDP). Prithvi II was

inducted into the SFC in 2003.

The last user trials of Prithvi-II were successfully

carried out from the same base on 7th January, 2014

and 28th March, 2014.

Tag Prithvi-II Test

Sports Saina Nehwal, Kidambi Srikanth Win China

Open Titles

Indian shuttlers Saina Nehwal and Kidambi Srikanth

have won womens and mens singles title of China

Open Super Series Premier of Badminton in Fuzhou,

China. Kidambi Srikanth of India defeated two-time

Olympic champion and five time world champion Lin

Danof China in straight game 21-19, 21-17 in the

mens singles final. This was maiden Super Series title

for Srikanth.

This is the first time that any Indian male shuttler haswon a Super Series Premier event since the Super

Series and Premier tournaments were introduced.

Indian Olympic bronze-medalist Saina Nehwal

defeated Akane Yamaguchi of Japan in the womens

singles final. In her sixth appearance in the

prestigious tournament, World No. 5 Saina prevailed


16/29

over the Akane 21-12, 22-20 in the womens singles

final.

Tag China Open badminton title

Polity Rajya Sabha question hour shifted from 11am

to 12 noon

Rajya Sabha Chairman Hamid Ansari has decided to

shift Question Hour in Rajya Sabha from 11 a.m. to

12 noonfor the upcoming Winter Session. Thus,

Question Hour in Rajya Sabha will be between 12 PM

and 1 PM instead of 11 am. As per new rules, the

proceeding of the Rajya Sabha will start with Zero

Hour which will be between 11am to 12 noon. The

move aimed to ensure disruption-free proceedings

during this segment.

Rules Committee of Parliament had given final nod to

the change these timings. Rajya Sabha Secretariat has

issued the notification to this effect and it has been

communicated to all Ministries.

Reason for shift in timing of Question Hour

Question Hour, which marks the beginning of a days

proceedings of a House of Parliament, is often witness

to disruptions by members who want to raise issues.


17/29

Normally, no issues can be raised during the Question

Hour except those related to the questions listed for

the day. Other issues can be raised during the Zero

Hour.

Earlier in 2011, the Question Hour in Rajya Sabha was

shifted for a few days to 2-3 pm so that the House

could function normally in the first half. But, it was

subsequently discontinued and the Question Hour

switched back to its usual timing of 11 am.

Question Hour: During this time, the members of

Parliament ask questions and the ministers usually

give answers. There are three kinds of question which

can be asked during Question Hour. They are starred,

unstarred and short notice. Question Hour is

mentioned in the Rules of Procedure of Parliament.

Zero Hour: It is a period during which Member of

Parliament (MPs) get chance to raise matters of

public importance that need immediate attention of

the government without any prior notice. It is not

mentioned in the Rules of Procedure of Parliament

and Indian innovation in the field of parliamentaryprocedure since 1962.

Tag Question hour timings

Committee Nanavati Commission submits final report


18/29

Justice Nanavati Commission has submitted its final

report on the 2002 Gujarat riots to state chief

minister Anandiben Patel. The final report of the

commission on the 2002 riots, in which more than

1,000 people, mostly of minority community, were

killed, comes after extensive investigation which ran

over a period of more than 12 years and has more

than 2,000 pages.

The commission members:

Retired Supreme Court justice G T Nanavati and

Retired High Court Justice Akshay Mehta.

In 2008, the inquiry panel had submitted one part of

its finding with regard to the Godhra train burning

incident.

In the part one report, the commission had concluded

that the burning of S-6 coach of Sabarmati Express

near Godhra railway station was a planned

conspiracy.

Initially, the Terms of Reference (TOR) of the

commission were to inquire into the facts,circumstances and course of events that led to the

burning of the S-6 coach of Sabarmati Express.

About Nanavati Commission

On 3rd March 2002, Gujarat government under the

Commission of Inquiry Act had constituted


19/29

commission comprising of Justice K G Shah in the

wake of the Godhra train carnage on February 27,

2002, and the subsequent communal riots across the

state.

In May 2002, the state government appointed retired

Supreme Court justice G T Nanavati as the chairman

of the commission and the TOR were further

amended in June 2002, as per which the panel was

also asked to inquire the incidents of violence that

took place after the Godhra incident.

In 2008, after the death of justice K G Shah, retd high

court Justice Akshay Mehta was appointed to the

panel. The commission was given 24 extensions of

around six months each to complete its

investigations. The commission investigated roles of then Chief

Minister Narendra Modi, as per the TOR, his Cabinet

colleagues of that time, senior government and police

officers along with functionaries of some right wing

organisations during the period of 2002 riots.

Tag Nanavati commission report

Award Neha Gupta wins International Childrens

Peace Prize


20/29

Indian American Neha Gupta, 18 has been awarded

with the prestigious International Childrens Peace

Prize 2014. Nobel Peace Laureate Desmond Tutu the

patron of the Dutch childrens rights organization

presented her with the award in The Hague,

Netherlands.

She was awarded this award for her exceptional work

to raise money for underprivileged children around

the world. Her work has helped orphans in India and

other vulnerable children.

She is the first American to be awarded with this

prize.

About Neha Gupta

Neha is a citizen of the United States of America, born

in New Zealand to Indian parents

She was inspired to the work for underprivileged

children during a visit to India with her grandparents.

After this visit she founded Empower Orphans, an

organization designed to support orphaned and

abandoned children in India and the US.

Through her own organization, she has helped more

than 25000 vulnerable children by raising over 1.3

million US dollar. She started working for

underprivileged children of the world at the age of

nine.


21/29

The list of projects of her includes opening libraries,

developing paths to health care, and promoting

education.

She has also won numerous awards including the

2011 World of Children Award, the Presidents

Volunteer Service Award, the Congressional Award,

and also the national Prudential Spirit of Community

award.

About International Childrens Peace Prize

The International Childrens Peace Prize is awarded

annually to a child who has made a significant

contribution to advocating childrens rightsand

improving the situation of vulnerable children such as

orphans, child labourers and children with HIV/AIDS.

The prize is an initiative of Marc Dullaert, Chairman

and Founder of the Amsterdam-based childrens

rights organization, KidsRights.

The first Childrens Peace Prize was launched in

November 2005 during the World Summit of Nobel

Peace Laureates in Rome, an annual meeting of NobelPeace Prize winners and international organisations

such as UNICEF and Amnesty International.

Since then, the prize has been presented every year

by a Nobel Peace Laureate.

In 2006, Om Prakash Gurjar from India was conferred

with this award for setting up network of child


22/29

friendly villages which aims to give all children a birth

certificate as a way of helping to protect them from

exploitation.

In 2013, the award was conferred on Malala

Yousufzai, who went on to win this Nobel Peace Prize

2014.

Tag Neha Gupta

International In a historic move, Church of England

allows women to become bishops

Church of Englandhas broken the centuries-old

tradition by paving the way for the appointment of

female bishops. It is considered as a historic move

towards widening female participation in the Church.

Final seal of approval to this legislation which was

passed by UK Parliament in October 2014 was given

by the vote at the general synod meeting held at

Westminster Church House in central London.

The general synod is the law-making body of the

Church of England. As per this new legislation, the

first female bishop is expected to take her seat in

2015.

The amendment to Canon 33 of the Church of

England, now clearly mentions that a man or a

woman may be consecrated to the office of bishop.


23/29

The legislation comes 20 years after the women were

ordained as priests.

The new legislation also includes some safeguards to

manage dissent, such as the introduction of an

independent reviewer who will oversee arrangements

for parishes who want oversight from a male bishop.

There are women bishops in countries like Australia,

Canada, Cuba, India, New Zealand, Swaziland, South

Africa and the USA.

Background

Women priests were ordained in 1994 but to date

they have not been able to take on the Churchs most

senior roles. Divisions remain between Anglicans who

feel it is consistent with their faith and traditionalists

who disagree.

Earlier in 2012, a prior move to allow women to stand

as bishops was defeated in 2012 by six votes cast by

lay members of the general synod.

In 2014, General Synod was asked for the second time

to give final approval to legislation introducingwomen bishops.

Tag Women bishops

Scheme Government re-launches Kisan Vikas Patra


24/29

Union Government re-launched Kisan Vikas Patra

scheme (KVP) in New Delhi to encourage the habit of

small savings among the citizens. The scheme will

soon be made available through designated branches

of nationalized banks across the country.

The previous KVP was discontinued in 2011. The

scheme was very popular among the investors and

the percentage share of gross collections secured in

KVP after its launch in 1988 was in the range of 9-29

per cent against the total collections received under

all National Savings Schemes in the country.

Key facts of the relaunced Kisan Vikas Patra scheme

(KVP)

Investment: The KVP will be available to the investors

in the denomination of 1000, 5000, 10000 and 50000

rupees with no upper ceiling on investment. The

scheme will provide facility of unlimited investment

by way of purchase of certificate from post office in

various denominations.

Liquidity feature: Kisan Vikas Patra scheme hasunique liquidity feature, where an investor can

encash his certificates after the lock-in period of 2

years and 6 months and thereafter in any block of six

months on pre-determined maturity value.

KVP certificates: The certificates can also be issued in

single or joint names and can be transferred from one


25/29

person to any other person. The investment made in

the certificate will double in 100 months. The facility

of transfer from one post office to another anywhere

in India and of nomination will also be available under

the scheme.

Maturity period: With a maturity period of 8 years 4

months, the collections under the scheme will be

available with the Union Government for a fairly long

period to be utilized in financing developmental plans

of the Centre and State Governments.

Earlier Kisan Vikas Patra (KVP) Scheme

Earlier Kisan Vikas Patra (KVP) - a certificate savings

scheme was launched by the Union Government on

1st April 1988. This scheme provided facility of

unlimited investment by way of purchase of

certificates from post offices in various

denominations.

The maturity period of the earlier scheme when it was

launched, was 5 years and six months and the money

invested doubled on maturity. The gross collections under the scheme in the year

2010-11 were 21631.16 crore rupees which was 9 per

cent of the total gross collections during the year.

In the year of its closure, the scheme secured gross

collections of 7575.95 crores rupees (April 2011 to

November 2011).


26/29

Implications of new KVP

KVP would serve two purposes: Firstly, it would help

poor gullible investors to channelise their savingstowards trusted government scheme instead of some

ponzi schemes. Secondly, it would help to meet the

urgent need to raise savings in the country. These

savings then would be used for nation building. Thus

such saving instrument will not only earn interest but

also help in development of the country. Encourage people to save more: In the last 2-3 years,

savings rate in country has declined from a record

high of 36.8 per cent to below 30 per cent due to

slowdown in the economy. So it will encourage

people to save more.

Tag Kisan Vikas Patra scheme

Defence India, China Hand-in-Hand joint exercise

begins in Pune

On 17th November 2014, Fourth edition of India-China Joint Training Exercise Hand-in-Hand 2014

began at Aundh Military Station in Pune,

Maharashtra. This exercise will continue till 25th

November 2014.


27/29

The Chinese contingent for the exercise comes from

13th Group Army of Peoples Liberation Army i.e.

Chengdu Military Region and comprises an infantry

company along with supporting staff. The opening

ceremony was followed by both contingents

displaying their weapons which included assault rifles,

grenade launchers and other sophisticated

equipment.

The aim of the 12 day Indo-China joint exercise is to

Share the drills and practices learnt while tackling

insurgency and terrorism.

Promote healthy military to military relations

between the two armies.

Develop joint strategies of conducting operations in a

counter terrorism environment.

Implications of this joint exercise

It will enhance confidence and trust between the two

armies that may be called upon to grapple with anti-

terrorism operations even under the UN regulations

and mandate.

It will uphold the values of Peace, Prosperity and

Stability in the region by jointly eradicating terrorism

with helping each other.

It will develop mutual understanding and respect for

each others military.


28/29

Previous editions of military Hand-in-Hand Joint

Training exercises between Indian and Chinese Army

1st edition was held in 2007 in China. 2nd edition was held in 2008 in Belgaum, Karnataka.

3rd edition was held in 2013 in China.

Tag Hand-in-Hand defence exercise

Economy Queensland clears Adani Groups coal mining

project

Australias Queensland statehas cleared Adani

groups proposed plan to build a 7 billion dollar

Carmichael coal mine. Queensland State has also

announced a major investment in rail infrastructureto support the Indian conglomerates mega project.

This announcement comes after State Bank of India

(SBI) approved US $ 1 billion loan for Adani Mining to

develop Carmichael coal mine project near Clermont

in Central Queensland, Australia. Adani Group has

signed memorandum of understanding (MoU) withSBI in the third week of November 2014 for clearing

this loan.

About Adani Groups Project

Adani groups Carmichael coal, railway and port

project includes building Australias largest thermal


29/29

coal mine in the north Galilee Basin. It is

approximately 160km north-west of Clermont in

Central Queensland and will be linked by a new 388

km standard gauge rail line to a new terminal at

Abbot Point Port near Bowen.

This project will be implemented by Adani Mining -

subsidiary of the Adani Group in Australia. The CEO

and Australia head is Jeyakumar Janakaraj. The

company aims to build the project by end of the year

2017 and the produced coal from the region will be

sent 400 km by rail to Australias east coast. This

project, which is evincing interest from private and

public financiers in India and abroad, will deliver

10,000 jobs and 22 billion dollars in taxes and

royalties to Queensland. In addition it will help Adanigroup to deliver cost-efficient power in the Indian

market.

Tag Adani mining project

Date post:	02-Jun-2018
Category:	Documents
Upload:	merijan10
View:	217 times
Download:	0 times

Current Affairs November-11-20-2014

Documents