1. Sunil Chhetri became first Indian footballer to score 50 international goals
Sunil Chhetri became the first Indian footballer to score 50 international goals. He achieved the fete during India's second match of the second round of qualifiers for 2018 football World Cup qualifying group match against Guam at the Guam National Football Stadium.
In the match, Guam defeated India 2-1. Earlier, India lost their first match of the group 1-2 against Oman.
List of International goals scored by Indian footballer
• Sunil Chhetri: 50 goals in 87 matches
• Bhaichung Bhutia: 42 goals in 107 matches
• IM Vijayan: 40 goals from 79 games
2. Book titled Modi - Incredible emergence of a star in Chinese language written by Tarun Vijay
A book on Prime Minister Narendra Modi titled Modi –Incredible emergence of a star written in Chinese language by Tarun Vijay was in news as one copy of the book was given to Vice-President M Hamid Ansari. Tarun Vijay is a BJP Member of Parliament and a journalist. The book was published in July 2014 by Sichuan University’s South Asia Study Centre. The book is a biography based on the life and economic vision of Narendra Modi.
3. CSIR set up India’s first Micro Air Vehicle Aerodynamics Research Tunnel in Bengaluru
Council of Scientific and Industrial Research (CSIR) in June 2015 set up a Micro Air Vehicle Aerodynamics Research Tunnel (MART) at the CSIR-National Aerospace Laboratories (NAL) campus, Bengaluru.
The tunnel, first of its kind in India, will be used to test the fixed-wing, flapping-wing and rotary-wing MAVs in the 500 mm wingspan category.
The tunnel was set up under the National Programme on Micro Air Vehicles (NP-MICAV). The project is jointly coordinated by CSIR, the Defence Research & Development Organization (DRDO) and the Department of Science & Technology.
The state-of-the-art tunnel would address all the aerodynamic, propulsion and aero-elastic issues related to MAVs. It has also a provision for either closed test section for the study of aerofoil sections/3D wing-body models or open jet test section for the flapping and rotary wing studies.
4. India’s trade deficit in May 2015 narrowed to 10.4 billion US dollars
The data of India’s foreign trade (merchandise) for the month May 2015 was released by the Union Ministry of Commerce & Industry. According to it, India’s trade deficit in May 2015 declined to 10.4 billion US dollars from 11.2 billion US dollars recorded in May 2014.
The trade deficit for April-May 2015 was estimated at 21.39 billion US dollars which was higher than the deficit of 21.32 billion US dollars during April-May 2014.
The decline in trade deficit came along with decline in exports and imports in May 2015 to 20.19 percent and 16.52 percent respectively.
5. AIBA constituted Ad-hoc committee chaired by Kishan Narsi for boxing in India
The International Boxing Association (AIBA) constituted a five-member ad-hoc committee to manage the process of finding a group to organise and run boxing in India.
Kishan Narsi, an international referee who officiated in four Olympics was appointed as the Chairman of the committee. He has been the Vice-Chairman of Executive Committee of AIBA.
Nathu La pass in Sikkim reopened for Kailash-Manasarovar pilgrims after 53 years
Nathu La pass was in news as External Affairs Minister Sushma Swaraj flagged off the first batch of pilgrims for Kailash-Manasarovar yatra that will travel through the pass.
During the yatra, piligrims visit Mount Kailash, which Hindus believe as the abode of Lord Shiva, and the Manasarovar Lake located in the south-western corner of Tibetan Autonomous Region (TAR) of China.
The pass was reopened after China agreed to open the route following a bilateral agreement signed in September 2014 during Chinese President Xi Jinping’s visit to India.
Nathua La pass is located on the Sikkim-Tibet border. The pass was closed by Chinese authorities in 1962 following a war between the two countries.
The pass is located 54 km away from Sikkim’s capital Gangtok and was part of the ancient silk route.
After a decade of talks between both the countries the pass was reopened for trade purposes in 2006.
Nathu La Pass connects Sikkim to the Chumbi Valley in the Tibetan Autonomous Region (TAR) of China.
6. Book titled Recasting India written by Hindol Sengupta released
The book Recasting India: How Entrepreneurship is changing the world's Largest Democracy written by Hindol Sengupta was in news in June 2015.
In the book the author explains emergence of new class of entrepreneurs in India, in recent times, especially from geographically and socially disadvantage spaces.
He traces the implementation of the New Economic Policy (NEP) of 1991 and subsequent economic reforms in last two and half decades as the reason for this phenomenon.
In February 2015, the book was shortlisted for one of the world's most renowned prizes in economic writing, the Hayek Book Prize, given by the USA based Manhattan Institute.
He became the youngest writer ever, at 34, to be nominated for the prize and the first ever from India.
7. Narendra Kumar Yadav took charge as Chairman and Managing Director of MTNL
Narendra Kumar Yadav took charge as the Chairman and Managing Director (CMD) of the state-run telecom operator Mahanagar Telephone Nigam Limited (MTNL) .
This was informed by MTNL in a filing to the Bombay Stock Exchange (BSE).
Yadav succeeded PK Purwar, who was given additional charge of the post after company’s CMD AK Garg retired on 30 May 2014.
8. Beno Zephine became first 100% blind officer in IFS
Chennai’s NL Beno Zephine became the first 100 percent visually-challenged person to be inducted into the Indian Foreign Services (IFS).
The 25-year-old, Beno was informed about her induction into the Indian Foreign Services by the External Affairs Ministry.
At the time of being named as IFS officer, Beno was serving the State Bank of India as a probationary officer. She is a postgraduate in English from Madras University.
Beno cleared her civil service examinations conducted in 2013. While preparing for the exam, she took help of software named Job Access with Speech (JAWS), which was a replacement of Brialle. The software allows visually challenged to read from a computer screen, and can scan Tamil and English books.
9. India and Poland set trade target of 5 billion US dollars by 2018
India and Poland set trade target of 5 billion US dollars by 2018. The decision was taken at the fourth session of the bilateral Joint Commission on Economic Cooperation, held in Warsaw, capital city of Poland.
The commission also identified a series of actions to raise trade from the 2014 level of 2.3 billion US dollars to 5 billion US dollars by the year 2018.
The meeting of the commission was co-chaired by Amitabh Kant, Secretary, Department of Industrial Policy and Promotion (DIPP) and Jerzy Pietreiwicz, Secretary of State, Ministry of Economy of Poland.
In the coal and steel sector, both sides have drawn a roadmap to strengthen cooperation in areas such as thick seam underground coal mining, exploitation of highly gassy seams, developing clean coal technologies and transfer of technologies in deep coal mining from Poland to India.
In the IT sector, both the countries have identified areas to strengthen cooperation in entrepreneurship development and support; research and development and innovation in cloud computing; big data analysis; cyber-security, data protection, smart cities projects and accreditation of each other's courses.
In the food processing sector, experts discussed market access, food processing technologies and research and development between scientific institutions. Poland showed interest in exporting the latest food processing machinery and technology to India
10. One Rank, One Pension scheme for ex-servicemen
The One Rank, One Pension (OROP) scheme for ex-servicemen was recently in news as the scheme is likely to be rolled out ahead of the Bihar Assembly polls 2015.
The One Rank, One Pension is a scheme that lays down that the retired soldiers of the same rank and length of service will receive the same pension, regardless of when they retire. The scheme was laid out in 2014, but has not been implemented yet due to some technical calculations and interpretations.
Under OROP, a soldier who retired in 1995 would get the same amount of pension as the one who retired in 1996. The scheme will benefit ex-servicemen drawing pensions from the OROP scheme, especially those who retired before 2006 as at present, pensioners who retired before 2006 draw less pension than their counterparts and even their juniors.
The scheme will benefit all three services- Air Force, Navy and Army. The NDA Government in its 2015 Budget announcement allotted 1000 crore rupees for the scheme.
Sunil Chhetri became the first Indian footballer to score 50 international goals. He achieved the fete during India's second match of the second round of qualifiers for 2018 football World Cup qualifying group match against Guam at the Guam National Football Stadium.
In the match, Guam defeated India 2-1. Earlier, India lost their first match of the group 1-2 against Oman.
List of International goals scored by Indian footballer
• Sunil Chhetri: 50 goals in 87 matches
• Bhaichung Bhutia: 42 goals in 107 matches
• IM Vijayan: 40 goals from 79 games
2. Book titled Modi - Incredible emergence of a star in Chinese language written by Tarun Vijay
A book on Prime Minister Narendra Modi titled Modi –Incredible emergence of a star written in Chinese language by Tarun Vijay was in news as one copy of the book was given to Vice-President M Hamid Ansari. Tarun Vijay is a BJP Member of Parliament and a journalist. The book was published in July 2014 by Sichuan University’s South Asia Study Centre. The book is a biography based on the life and economic vision of Narendra Modi.
3. CSIR set up India’s first Micro Air Vehicle Aerodynamics Research Tunnel in Bengaluru
Council of Scientific and Industrial Research (CSIR) in June 2015 set up a Micro Air Vehicle Aerodynamics Research Tunnel (MART) at the CSIR-National Aerospace Laboratories (NAL) campus, Bengaluru.
The tunnel, first of its kind in India, will be used to test the fixed-wing, flapping-wing and rotary-wing MAVs in the 500 mm wingspan category.
The tunnel was set up under the National Programme on Micro Air Vehicles (NP-MICAV). The project is jointly coordinated by CSIR, the Defence Research & Development Organization (DRDO) and the Department of Science & Technology.
The state-of-the-art tunnel would address all the aerodynamic, propulsion and aero-elastic issues related to MAVs. It has also a provision for either closed test section for the study of aerofoil sections/3D wing-body models or open jet test section for the flapping and rotary wing studies.
4. India’s trade deficit in May 2015 narrowed to 10.4 billion US dollars
The data of India’s foreign trade (merchandise) for the month May 2015 was released by the Union Ministry of Commerce & Industry. According to it, India’s trade deficit in May 2015 declined to 10.4 billion US dollars from 11.2 billion US dollars recorded in May 2014.
The trade deficit for April-May 2015 was estimated at 21.39 billion US dollars which was higher than the deficit of 21.32 billion US dollars during April-May 2014.
The decline in trade deficit came along with decline in exports and imports in May 2015 to 20.19 percent and 16.52 percent respectively.
5. AIBA constituted Ad-hoc committee chaired by Kishan Narsi for boxing in India
The International Boxing Association (AIBA) constituted a five-member ad-hoc committee to manage the process of finding a group to organise and run boxing in India.
Kishan Narsi, an international referee who officiated in four Olympics was appointed as the Chairman of the committee. He has been the Vice-Chairman of Executive Committee of AIBA.
Nathu La pass in Sikkim reopened for Kailash-Manasarovar pilgrims after 53 years
Nathu La pass was in news as External Affairs Minister Sushma Swaraj flagged off the first batch of pilgrims for Kailash-Manasarovar yatra that will travel through the pass.
During the yatra, piligrims visit Mount Kailash, which Hindus believe as the abode of Lord Shiva, and the Manasarovar Lake located in the south-western corner of Tibetan Autonomous Region (TAR) of China.
The pass was reopened after China agreed to open the route following a bilateral agreement signed in September 2014 during Chinese President Xi Jinping’s visit to India.
Nathua La pass is located on the Sikkim-Tibet border. The pass was closed by Chinese authorities in 1962 following a war between the two countries.
The pass is located 54 km away from Sikkim’s capital Gangtok and was part of the ancient silk route.
After a decade of talks between both the countries the pass was reopened for trade purposes in 2006.
Nathu La Pass connects Sikkim to the Chumbi Valley in the Tibetan Autonomous Region (TAR) of China.
6. Book titled Recasting India written by Hindol Sengupta released
The book Recasting India: How Entrepreneurship is changing the world's Largest Democracy written by Hindol Sengupta was in news in June 2015.
In the book the author explains emergence of new class of entrepreneurs in India, in recent times, especially from geographically and socially disadvantage spaces.
He traces the implementation of the New Economic Policy (NEP) of 1991 and subsequent economic reforms in last two and half decades as the reason for this phenomenon.
In February 2015, the book was shortlisted for one of the world's most renowned prizes in economic writing, the Hayek Book Prize, given by the USA based Manhattan Institute.
He became the youngest writer ever, at 34, to be nominated for the prize and the first ever from India.
7. Narendra Kumar Yadav took charge as Chairman and Managing Director of MTNL
Narendra Kumar Yadav took charge as the Chairman and Managing Director (CMD) of the state-run telecom operator Mahanagar Telephone Nigam Limited (MTNL) .
This was informed by MTNL in a filing to the Bombay Stock Exchange (BSE).
Yadav succeeded PK Purwar, who was given additional charge of the post after company’s CMD AK Garg retired on 30 May 2014.
8. Beno Zephine became first 100% blind officer in IFS
Chennai’s NL Beno Zephine became the first 100 percent visually-challenged person to be inducted into the Indian Foreign Services (IFS).
The 25-year-old, Beno was informed about her induction into the Indian Foreign Services by the External Affairs Ministry.
At the time of being named as IFS officer, Beno was serving the State Bank of India as a probationary officer. She is a postgraduate in English from Madras University.
Beno cleared her civil service examinations conducted in 2013. While preparing for the exam, she took help of software named Job Access with Speech (JAWS), which was a replacement of Brialle. The software allows visually challenged to read from a computer screen, and can scan Tamil and English books.
9. India and Poland set trade target of 5 billion US dollars by 2018
India and Poland set trade target of 5 billion US dollars by 2018. The decision was taken at the fourth session of the bilateral Joint Commission on Economic Cooperation, held in Warsaw, capital city of Poland.
The commission also identified a series of actions to raise trade from the 2014 level of 2.3 billion US dollars to 5 billion US dollars by the year 2018.
The meeting of the commission was co-chaired by Amitabh Kant, Secretary, Department of Industrial Policy and Promotion (DIPP) and Jerzy Pietreiwicz, Secretary of State, Ministry of Economy of Poland.
In the coal and steel sector, both sides have drawn a roadmap to strengthen cooperation in areas such as thick seam underground coal mining, exploitation of highly gassy seams, developing clean coal technologies and transfer of technologies in deep coal mining from Poland to India.
In the IT sector, both the countries have identified areas to strengthen cooperation in entrepreneurship development and support; research and development and innovation in cloud computing; big data analysis; cyber-security, data protection, smart cities projects and accreditation of each other's courses.
In the food processing sector, experts discussed market access, food processing technologies and research and development between scientific institutions. Poland showed interest in exporting the latest food processing machinery and technology to India
10. One Rank, One Pension scheme for ex-servicemen
The One Rank, One Pension (OROP) scheme for ex-servicemen was recently in news as the scheme is likely to be rolled out ahead of the Bihar Assembly polls 2015.
The One Rank, One Pension is a scheme that lays down that the retired soldiers of the same rank and length of service will receive the same pension, regardless of when they retire. The scheme was laid out in 2014, but has not been implemented yet due to some technical calculations and interpretations.
Under OROP, a soldier who retired in 1995 would get the same amount of pension as the one who retired in 1996. The scheme will benefit ex-servicemen drawing pensions from the OROP scheme, especially those who retired before 2006 as at present, pensioners who retired before 2006 draw less pension than their counterparts and even their juniors.
The scheme will benefit all three services- Air Force, Navy and Army. The NDA Government in its 2015 Budget announcement allotted 1000 crore rupees for the scheme.
1. Sunil Chhetri became first Indian footballer to score 50 international goals
Sunil Chhetri became the first Indian footballer to score 50 international goals. He achieved the fete during India's second match of the second round of qualifiers for 2018 football World Cup qualifying group match against Guam at the Guam National Football Stadium.
In the match, Guam defeated India 2-1. Earlier, India lost their first match of the group 1-2 against Oman.
List of International goals scored by Indian footballer
• Sunil Chhetri: 50 goals in 87 matches
• Bhaichung Bhutia: 42 goals in 107 matches
• IM Vijayan: 40 goals from 79 games
2. Book titled Modi - Incredible emergence of a star in Chinese language written by Tarun Vijay
A book on Prime Minister Narendra Modi titled Modi –Incredible emergence of a star written in Chinese language by Tarun Vijay was in news as one copy of the book was given to Vice-President M Hamid Ansari. Tarun Vijay is a BJP Member of Parliament and a journalist. The book was published in July 2014 by Sichuan University’s South Asia Study Centre. The book is a biography based on the life and economic vision of Narendra Modi.
3. CSIR set up India’s first Micro Air Vehicle Aerodynamics Research Tunnel in Bengaluru
Council of Scientific and Industrial Research (CSIR) in June 2015 set up a Micro Air Vehicle Aerodynamics Research Tunnel (MART) at the CSIR-National Aerospace Laboratories (NAL) campus, Bengaluru.
The tunnel, first of its kind in India, will be used to test the fixed-wing, flapping-wing and rotary-wing MAVs in the 500 mm wingspan category.
The tunnel was set up under the National Programme on Micro Air Vehicles (NP-MICAV). The project is jointly coordinated by CSIR, the Defence Research & Development Organization (DRDO) and the Department of Science & Technology.
The state-of-the-art tunnel would address all the aerodynamic, propulsion and aero-elastic issues related to MAVs. It has also a provision for either closed test section for the study of aerofoil sections/3D wing-body models or open jet test section for the flapping and rotary wing studies.
4. India’s trade deficit in May 2015 narrowed to 10.4 billion US dollars
The data of India’s foreign trade (merchandise) for the month May 2015 was released by the Union Ministry of Commerce & Industry. According to it, India’s trade deficit in May 2015 declined to 10.4 billion US dollars from 11.2 billion US dollars recorded in May 2014.
The trade deficit for April-May 2015 was estimated at 21.39 billion US dollars which was higher than the deficit of 21.32 billion US dollars during April-May 2014.
The decline in trade deficit came along with decline in exports and imports in May 2015 to 20.19 percent and 16.52 percent respectively.
5. AIBA constituted Ad-hoc committee chaired by Kishan Narsi for boxing in India
The International Boxing Association (AIBA) constituted a five-member ad-hoc committee to manage the process of finding a group to organise and run boxing in India.
Kishan Narsi, an international referee who officiated in four Olympics was appointed as the Chairman of the committee. He has been the Vice-Chairman of Executive Committee of AIBA.
Nathu La pass in Sikkim reopened for Kailash-Manasarovar pilgrims after 53 years
Nathu La pass was in news as External Affairs Minister Sushma Swaraj flagged off the first batch of pilgrims for Kailash-Manasarovar yatra that will travel through the pass.
During the yatra, piligrims visit Mount Kailash, which Hindus believe as the abode of Lord Shiva, and the Manasarovar Lake located in the south-western corner of Tibetan Autonomous Region (TAR) of China.
The pass was reopened after China agreed to open the route following a bilateral agreement signed in September 2014 during Chinese President Xi Jinping’s visit to India.
Nathua La pass is located on the Sikkim-Tibet border. The pass was closed by Chinese authorities in 1962 following a war between the two countries.
The pass is located 54 km away from Sikkim’s capital Gangtok and was part of the ancient silk route.
After a decade of talks between both the countries the pass was reopened for trade purposes in 2006.
Nathu La Pass connects Sikkim to the Chumbi Valley in the Tibetan Autonomous Region (TAR) of China.
6. Book titled Recasting India written by Hindol Sengupta released
The book Recasting India: How Entrepreneurship is changing the world's Largest Democracy written by Hindol Sengupta was in news in June 2015.
In the book the author explains emergence of new class of entrepreneurs in India, in recent times, especially from geographically and socially disadvantage spaces.
He traces the implementation of the New Economic Policy (NEP) of 1991 and subsequent economic reforms in last two and half decades as the reason for this phenomenon.
In February 2015, the book was shortlisted for one of the world's most renowned prizes in economic writing, the Hayek Book Prize, given by the USA based Manhattan Institute.
He became the youngest writer ever, at 34, to be nominated for the prize and the first ever from India.
7. Narendra Kumar Yadav took charge as Chairman and Managing Director of MTNL
Narendra Kumar Yadav took charge as the Chairman and Managing Director (CMD) of the state-run telecom operator Mahanagar Telephone Nigam Limited (MTNL) .
This was informed by MTNL in a filing to the Bombay Stock Exchange (BSE).
Yadav succeeded PK Purwar, who was given additional charge of the post after company’s CMD AK Garg retired on 30 May 2014.
8. Beno Zephine became first 100% blind officer in IFS
Chennai’s NL Beno Zephine became the first 100 percent visually-challenged person to be inducted into the Indian Foreign Services (IFS).
The 25-year-old, Beno was informed about her induction into the Indian Foreign Services by the External Affairs Ministry.
At the time of being named as IFS officer, Beno was serving the State Bank of India as a probationary officer. She is a postgraduate in English from Madras University.
Beno cleared her civil service examinations conducted in 2013. While preparing for the exam, she took help of software named Job Access with Speech (JAWS), which was a replacement of Brialle. The software allows visually challenged to read from a computer screen, and can scan Tamil and English books.
9. India and Poland set trade target of 5 billion US dollars by 2018
India and Poland set trade target of 5 billion US dollars by 2018. The decision was taken at the fourth session of the bilateral Joint Commission on Economic Cooperation, held in Warsaw, capital city of Poland.
The commission also identified a series of actions to raise trade from the 2014 level of 2.3 billion US dollars to 5 billion US dollars by the year 2018.
The meeting of the commission was co-chaired by Amitabh Kant, Secretary, Department of Industrial Policy and Promotion (DIPP) and Jerzy Pietreiwicz, Secretary of State, Ministry of Economy of Poland.
In the coal and steel sector, both sides have drawn a roadmap to strengthen cooperation in areas such as thick seam underground coal mining, exploitation of highly gassy seams, developing clean coal technologies and transfer of technologies in deep coal mining from Poland to India.
In the IT sector, both the countries have identified areas to strengthen cooperation in entrepreneurship development and support; research and development and innovation in cloud computing; big data analysis; cyber-security, data protection, smart cities projects and accreditation of each other's courses.
In the food processing sector, experts discussed market access, food processing technologies and research and development between scientific institutions. Poland showed interest in exporting the latest food processing machinery and technology to India
10. One Rank, One Pension scheme for ex-servicemen
The One Rank, One Pension (OROP) scheme for ex-servicemen was recently in news as the scheme is likely to be rolled out ahead of the Bihar Assembly polls 2015.
The One Rank, One Pension is a scheme that lays down that the retired soldiers of the same rank and length of service will receive the same pension, regardless of when they retire. The scheme was laid out in 2014, but has not been implemented yet due to some technical calculations and interpretations.
Under OROP, a soldier who retired in 1995 would get the same amount of pension as the one who retired in 1996. The scheme will benefit ex-servicemen drawing pensions from the OROP scheme, especially those who retired before 2006 as at present, pensioners who retired before 2006 draw less pension than their counterparts and even their juniors.
The scheme will benefit all three services- Air Force, Navy and Army. The NDA Government in its 2015 Budget announcement allotted 1000 crore rupees for the scheme.
Sunil Chhetri became the first Indian footballer to score 50 international goals. He achieved the fete during India's second match of the second round of qualifiers for 2018 football World Cup qualifying group match against Guam at the Guam National Football Stadium.
In the match, Guam defeated India 2-1. Earlier, India lost their first match of the group 1-2 against Oman.
List of International goals scored by Indian footballer
• Sunil Chhetri: 50 goals in 87 matches
• Bhaichung Bhutia: 42 goals in 107 matches
• IM Vijayan: 40 goals from 79 games
2. Book titled Modi - Incredible emergence of a star in Chinese language written by Tarun Vijay
A book on Prime Minister Narendra Modi titled Modi –Incredible emergence of a star written in Chinese language by Tarun Vijay was in news as one copy of the book was given to Vice-President M Hamid Ansari. Tarun Vijay is a BJP Member of Parliament and a journalist. The book was published in July 2014 by Sichuan University’s South Asia Study Centre. The book is a biography based on the life and economic vision of Narendra Modi.
3. CSIR set up India’s first Micro Air Vehicle Aerodynamics Research Tunnel in Bengaluru
Council of Scientific and Industrial Research (CSIR) in June 2015 set up a Micro Air Vehicle Aerodynamics Research Tunnel (MART) at the CSIR-National Aerospace Laboratories (NAL) campus, Bengaluru.
The tunnel, first of its kind in India, will be used to test the fixed-wing, flapping-wing and rotary-wing MAVs in the 500 mm wingspan category.
The tunnel was set up under the National Programme on Micro Air Vehicles (NP-MICAV). The project is jointly coordinated by CSIR, the Defence Research & Development Organization (DRDO) and the Department of Science & Technology.
The state-of-the-art tunnel would address all the aerodynamic, propulsion and aero-elastic issues related to MAVs. It has also a provision for either closed test section for the study of aerofoil sections/3D wing-body models or open jet test section for the flapping and rotary wing studies.
4. India’s trade deficit in May 2015 narrowed to 10.4 billion US dollars
The data of India’s foreign trade (merchandise) for the month May 2015 was released by the Union Ministry of Commerce & Industry. According to it, India’s trade deficit in May 2015 declined to 10.4 billion US dollars from 11.2 billion US dollars recorded in May 2014.
The trade deficit for April-May 2015 was estimated at 21.39 billion US dollars which was higher than the deficit of 21.32 billion US dollars during April-May 2014.
The decline in trade deficit came along with decline in exports and imports in May 2015 to 20.19 percent and 16.52 percent respectively.
5. AIBA constituted Ad-hoc committee chaired by Kishan Narsi for boxing in India
The International Boxing Association (AIBA) constituted a five-member ad-hoc committee to manage the process of finding a group to organise and run boxing in India.
Kishan Narsi, an international referee who officiated in four Olympics was appointed as the Chairman of the committee. He has been the Vice-Chairman of Executive Committee of AIBA.
Nathu La pass in Sikkim reopened for Kailash-Manasarovar pilgrims after 53 years
Nathu La pass was in news as External Affairs Minister Sushma Swaraj flagged off the first batch of pilgrims for Kailash-Manasarovar yatra that will travel through the pass.
During the yatra, piligrims visit Mount Kailash, which Hindus believe as the abode of Lord Shiva, and the Manasarovar Lake located in the south-western corner of Tibetan Autonomous Region (TAR) of China.
The pass was reopened after China agreed to open the route following a bilateral agreement signed in September 2014 during Chinese President Xi Jinping’s visit to India.
Nathua La pass is located on the Sikkim-Tibet border. The pass was closed by Chinese authorities in 1962 following a war between the two countries.
The pass is located 54 km away from Sikkim’s capital Gangtok and was part of the ancient silk route.
After a decade of talks between both the countries the pass was reopened for trade purposes in 2006.
Nathu La Pass connects Sikkim to the Chumbi Valley in the Tibetan Autonomous Region (TAR) of China.
6. Book titled Recasting India written by Hindol Sengupta released
The book Recasting India: How Entrepreneurship is changing the world's Largest Democracy written by Hindol Sengupta was in news in June 2015.
In the book the author explains emergence of new class of entrepreneurs in India, in recent times, especially from geographically and socially disadvantage spaces.
He traces the implementation of the New Economic Policy (NEP) of 1991 and subsequent economic reforms in last two and half decades as the reason for this phenomenon.
In February 2015, the book was shortlisted for one of the world's most renowned prizes in economic writing, the Hayek Book Prize, given by the USA based Manhattan Institute.
He became the youngest writer ever, at 34, to be nominated for the prize and the first ever from India.
7. Narendra Kumar Yadav took charge as Chairman and Managing Director of MTNL
Narendra Kumar Yadav took charge as the Chairman and Managing Director (CMD) of the state-run telecom operator Mahanagar Telephone Nigam Limited (MTNL) .
This was informed by MTNL in a filing to the Bombay Stock Exchange (BSE).
Yadav succeeded PK Purwar, who was given additional charge of the post after company’s CMD AK Garg retired on 30 May 2014.
8. Beno Zephine became first 100% blind officer in IFS
Chennai’s NL Beno Zephine became the first 100 percent visually-challenged person to be inducted into the Indian Foreign Services (IFS).
The 25-year-old, Beno was informed about her induction into the Indian Foreign Services by the External Affairs Ministry.
At the time of being named as IFS officer, Beno was serving the State Bank of India as a probationary officer. She is a postgraduate in English from Madras University.
Beno cleared her civil service examinations conducted in 2013. While preparing for the exam, she took help of software named Job Access with Speech (JAWS), which was a replacement of Brialle. The software allows visually challenged to read from a computer screen, and can scan Tamil and English books.
9. India and Poland set trade target of 5 billion US dollars by 2018
India and Poland set trade target of 5 billion US dollars by 2018. The decision was taken at the fourth session of the bilateral Joint Commission on Economic Cooperation, held in Warsaw, capital city of Poland.
The commission also identified a series of actions to raise trade from the 2014 level of 2.3 billion US dollars to 5 billion US dollars by the year 2018.
The meeting of the commission was co-chaired by Amitabh Kant, Secretary, Department of Industrial Policy and Promotion (DIPP) and Jerzy Pietreiwicz, Secretary of State, Ministry of Economy of Poland.
In the coal and steel sector, both sides have drawn a roadmap to strengthen cooperation in areas such as thick seam underground coal mining, exploitation of highly gassy seams, developing clean coal technologies and transfer of technologies in deep coal mining from Poland to India.
In the IT sector, both the countries have identified areas to strengthen cooperation in entrepreneurship development and support; research and development and innovation in cloud computing; big data analysis; cyber-security, data protection, smart cities projects and accreditation of each other's courses.
In the food processing sector, experts discussed market access, food processing technologies and research and development between scientific institutions. Poland showed interest in exporting the latest food processing machinery and technology to India
10. One Rank, One Pension scheme for ex-servicemen
The One Rank, One Pension (OROP) scheme for ex-servicemen was recently in news as the scheme is likely to be rolled out ahead of the Bihar Assembly polls 2015.
The One Rank, One Pension is a scheme that lays down that the retired soldiers of the same rank and length of service will receive the same pension, regardless of when they retire. The scheme was laid out in 2014, but has not been implemented yet due to some technical calculations and interpretations.
Under OROP, a soldier who retired in 1995 would get the same amount of pension as the one who retired in 1996. The scheme will benefit ex-servicemen drawing pensions from the OROP scheme, especially those who retired before 2006 as at present, pensioners who retired before 2006 draw less pension than their counterparts and even their juniors.
The scheme will benefit all three services- Air Force, Navy and Army. The NDA Government in its 2015 Budget announcement allotted 1000 crore rupees for the scheme.
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