DAILY CURRENT AFFAIRS: 23 MARCH 2016
(Daily News India)
1. UNION CABINET APPROVED WORLD BANK’S $1500 MILLION SUPPORT TO
SWACHH BHARAT MISSION GRAMIN
i.Union Cabinet approved
the 1500 million US dollar project of World Bank to support Swachh Bharat
Mission Gramin.
ii.It will provide the system for incentivisation of States under
the Swachh Bharat Mission Gramin through World Bank credit.
iii.The incentivisation of the States will be done on the basis of
their performance
iv.The performance of the States will be checked through certain
performance indicators named as the Disbursement Linked Indicators on the basis
of :
a. Reduction in the prevalence
of open defecation
b. Sustaining Open
Defecation Free status in Villages:
c. Increase in percentage of
rural population served by improved Solid and Liquid Waste Management
2. ISRO ESTABLISHED GIRI RADAR SYSTEM AT TIRUPATI
i. The Indian Space Research Organisation established the Gadanki
Ionospheric Radar Interferometer near Tirupati in Andhra Pradesh.
ii.It was set up at the National Atmospheric Research
Laboratory which is an autonomous
research institute of the Department of Space.
iii. Its main objective is to study the forces from the sun like
variation in solar flux, solar flare and magnetic storm on the ionospheric
irregularities.
3. DIPP APPROVED 49% FDI UNDER AUTOMATIC ROUTE IN INSURANCE AND
PENSION SECTOR
i. The Union Commerce and Industry Ministry has approved foreign
direct investment upto 49% in insurance and pension sector will be under
automatic route.
ii. FDI above 49% will be subject to approval of the Foreign
Investment Promotion Board .
iii.Earlier only up to 26% FDI was permitted through the automatic
approval route in insurance and pension sector..
4. RESOLUTION INTRODUCED IN US HOUSE TO BRING INDIA ON PAR WITH
NATO ALLIES
i. A resolution aiming to bring India in America’s NATO allies in
terms of Defence trade and technology transfer was introduced.
ii. The resolution seeks to formalize:
a. India’s status as a major partner of equal status as US’s NATO
allies and closest partners
b.To
elevate India’s status in export of defence articles from the US.
5. INDIA POST RELEASES COMMEMORATIVE STAMP ON HAL’S 75-YEAR OF
SERVICE
i.India Post has released a commemorative stamp on Hindustan
Aeronautical Limited in recognition of
the company’s 75 years of service to the nation.
ii. It is for the first time India Post has issued stamps named
‘My Stamp’ and HAL is the first organisation to feature on it.
iii. The tagline of the customized stamp is ‘HAL: The force behind
the forces’
iv.Hindustan Aeronautical Limited is state owned aerospace and
defence company based in Bangalore, Karnataka.
