Monthly Current Affairs October 2016 “MoUs & COMITTEES ” key points to Remember.
Ministry of Civil Aviation, Government of Puducherry and Airports Authority of India signed MoU
to Promote Regional Connectivity Scheme
to Promote Regional Connectivity Scheme
The Union Cabinet gave its approval for the signing of Memorandum of Understanding(MoU)
between India and African-Asian Rural Development Organisation (AARDO) for capacity building
programmes in the rural development sector.
between India and African-Asian Rural Development Organisation (AARDO) for capacity building
programmes in the rural development sector.
The Union Cabinet gave its approval for the signing of MoU between India and European Union in
the field of water resources.
the field of water resources.
The Union Home Minister Rajnath Singh met the visiting Minister for Justice and Police of Swiss
Confederation, Ms. Simonetta Sommarug in New Delhi on October 6, 2016. The two sides signed
three agreements including :
1.Mutual Visa Exemption Agreement for Holders of Diplomatic Passports,
2.Technical Arrangements on Identification and Return of Illegal Migrants and Arrangement for
Dependent Person of Diplomatic, Consular, Technical and
3.Administrative Staff of Diplomatic and Consular Mission to Perform Gainful Employment.
Confederation, Ms. Simonetta Sommarug in New Delhi on October 6, 2016. The two sides signed
three agreements including :
1.Mutual Visa Exemption Agreement for Holders of Diplomatic Passports,
2.Technical Arrangements on Identification and Return of Illegal Migrants and Arrangement for
Dependent Person of Diplomatic, Consular, Technical and
3.Administrative Staff of Diplomatic and Consular Mission to Perform Gainful Employment.
Arunachal Pradesh government signed a Memorandum of Understanding with theNational Institute
of Electronics and Information Technology for skill development of local people in presence of
Arunachal Pradesh CM Pema Khandu in New Delhi.
of Electronics and Information Technology for skill development of local people in presence of
Arunachal Pradesh CM Pema Khandu in New Delhi.
According to World Bank, India accounted for the largest number of people living below
international poverty line in 2013, with 30 per cent of its population under the $1.90-a-day poverty
measure.
international poverty line in 2013, with 30 per cent of its population under the $1.90-a-day poverty
measure.
Arunachal inks MoU with AP Ruchi Soya Industries for development of Oil Palm in the state
Cabinet approved MoU between Exim Bank on General Cooperation with NDB, along with other
Development Financial Institutions of BRICS nations to enhance trade and economic
relations among the BRICS countries. There was no financial implication involved with signing of
the MoU.
Development Financial Institutions of BRICS nations to enhance trade and economic
relations among the BRICS countries. There was no financial implication involved with signing of
the MoU.
Cabinet apprised of the MoU between India and Qatar on cooperation in the field of Youth and
Sports. The MoU would help in expanding knowledge and expertise in the areas of sports science,
sports medicine and coaching techniques. This would result in improvement in performance of our
sports persons in international tournaments and strengthening of bilateral relations between India and
Qatar.
Sports. The MoU would help in expanding knowledge and expertise in the areas of sports science,
sports medicine and coaching techniques. This would result in improvement in performance of our
sports persons in international tournaments and strengthening of bilateral relations between India and
Qatar.
Cabinet approved MoU between India and Hungary on cooperation in the field of water management
The Union Cabinet under the Chairmanship of Prime Minister Shri Narendra Modi has given its
approval for signing the Memorandum of Understanding (MoU) between India and the Russian
Federation on Expansion of Bilateral Trade and Economic Cooperation.
approval for signing the Memorandum of Understanding (MoU) between India and the Russian
Federation on Expansion of Bilateral Trade and Economic Cooperation.
Ministry of Railways signed MoU with Government of Odisha for cost sharing of two new railway
line projects. The Mou was signed in the presence of Union Minister for Railways Suresh Prabhakar
Prabhu and Chief Minister of Odisha Naveen Patnaik.
line projects. The Mou was signed in the presence of Union Minister for Railways Suresh Prabhakar
Prabhu and Chief Minister of Odisha Naveen Patnaik.
India and Russia signed a pact to set up 25 integrated infrastructure centers for irradiation treatment
of perishable food items. At least 7 centers will be set up in Maharashtra.
of perishable food items. At least 7 centers will be set up in Maharashtra.
The Economic Development Board of Andhra Pradesh signed a pact with Russia’s JSC United
Shipping Corporation for setting up a ship-building unit in the state.
Shipping Corporation for setting up a ship-building unit in the state.
Punjab Agricultural University (PAU) and FieldFresh Foods, a joint venture between Bharti
Enterprises & Del Monte Pacific Limited have signed a Memorandum of Understanding (MoU) to
carry out a corn productivity research programme.
Enterprises & Del Monte Pacific Limited have signed a Memorandum of Understanding (MoU) to
carry out a corn productivity research programme.
An apex society of entities in the Hydrocarbon sector, PetroFed signed a Memorandum of Understanding (MoU) with TERI(The Energy and Resources Institute) to undertake study
on“Climate Change Risks: Preparedness for Oil and Gas Sector“.in the presence of Sh. Dharmendra
Pradhan, Minister of State (I/C), Petroleum & Natural Gas and Sh. K.D. Tripathi, Secretary in New
Delhi.
on“Climate Change Risks: Preparedness for Oil and Gas Sector“.in the presence of Sh. Dharmendra
Pradhan, Minister of State (I/C), Petroleum & Natural Gas and Sh. K.D. Tripathi, Secretary in New
Delhi.
Union Minister for Road Transport & Highways and Shipping Nitin Gadkari announced that India
and Germany would work on projects, worth Rs.1 lakh crore, for improving rail connectivity of
Indian ports, being implemented by the Indian Port Rail Corporation Ltd(IPRCL).
and Germany would work on projects, worth Rs.1 lakh crore, for improving rail connectivity of
Indian ports, being implemented by the Indian Port Rail Corporation Ltd(IPRCL).
Transportation app Uber has signed MoU with Ministry of Electronics and IT’s CSCs(Common
Services Centres) for skilling drivers on its platform.
Services Centres) for skilling drivers on its platform.
Railways & Urban Development Ministries signs MoU to redevelop stations under smart city
plans. According to this MoU , initially 10 cities could be taken up for the proposed redevelopment
with the involvement of public sector construction company NBCC (India) Ltd.
plans. According to this MoU , initially 10 cities could be taken up for the proposed redevelopment
with the involvement of public sector construction company NBCC (India) Ltd.
Infrastructure major Larsen & Toubro (L&T) has signed MoU with the Maharashtra government for
Nagpur smart city project.
Nagpur smart city project.
The Indo-Italian Joint Committee established under the Scientific and Technological Cooperation
Agreement re-launch cooperation in the sectors of science, technology and innovation. The original
agreement was signed between Italy and India in 2003.
Agreement re-launch cooperation in the sectors of science, technology and innovation. The original
agreement was signed between Italy and India in 2003.
Negotiators from nearly 200 nations have clinched a historic deal to phase down emissions of
hydrofluorocarbons (HFCs) potent greenhouse gases used in air conditioners and refrigerators. The
agreement a major expansion of the 1987 Montreal Protocol, which eliminated the use of the ozonedepleting
chlorofluorocarbons was finalized during a United Nations meeting in Kigali, Rwanda.The
deal, received with a round of applause in the early hours of Saturday, has delivered on most of the
promises made by the member countries last week, getting the world on track to avoid almost 0.5C
warming by 2100.
hydrofluorocarbons (HFCs) potent greenhouse gases used in air conditioners and refrigerators. The
agreement a major expansion of the 1987 Montreal Protocol, which eliminated the use of the ozonedepleting
chlorofluorocarbons was finalized during a United Nations meeting in Kigali, Rwanda.The
deal, received with a round of applause in the early hours of Saturday, has delivered on most of the
promises made by the member countries last week, getting the world on track to avoid almost 0.5C
warming by 2100.
Indian pharmaceutical major Cipla has signed a memorandum of agreement for South Africa’s first
biosimilars manufacturing facility to be set up at a cost of nearly $91 million.
biosimilars manufacturing facility to be set up at a cost of nearly $91 million.
Mizoram government and Japanese International Cooperation Agency (JICA) inked a Memorandum
of Cooperation called ‘Record of Discussions‘on ‘Capacity enhancement for sustainable Agriculture
and Irrigation Development in Mizoram on October 26, 2016.
of Cooperation called ‘Record of Discussions‘on ‘Capacity enhancement for sustainable Agriculture
and Irrigation Development in Mizoram on October 26, 2016.
India has notified the revised double tax avoidance agreement with South Korea on October 26,
2016. It will effect from April 1, 2017. It provides for reduction in withholding tax rates to 10 per
cent on royalties or fees for technical services from 15 per cent and to 10 per cent on interest income
from 15 per cent.
2016. It will effect from April 1, 2017. It provides for reduction in withholding tax rates to 10 per
cent on royalties or fees for technical services from 15 per cent and to 10 per cent on interest income
from 15 per cent.
Cabinet approves the new Agreement on Trade, Commerce and Transit between India and Bhutan
The Union Cabinet chaired by Prime Minister Narendra Modi has given its approval for signing and
ratification of an agreement between India and Estonia on the transfer of sentenced persons.
ratification of an agreement between India and Estonia on the transfer of sentenced persons.
Canada and EU sign a long-delayed landmark trade deal at a summit in Brussels
India and Russia have given nod for the proposal to double the range of the BrahMos, world’s first
supersonic cruise missile at the 16th Russia-India intergovernmental commission on military
cooperation meeting.
supersonic cruise missile at the 16th Russia-India intergovernmental commission on military
cooperation meeting.
MOU signed between India and Palestine for setting up of Palestine-India Techno Park in Ramallah.
Mata Prasad committee appointed by the Central Electricity Regulatory Commission has suggested
an overhaul in transmission planning to facilitate transfer of power on economic principles.
an overhaul in transmission planning to facilitate transfer of power on economic principles.
The Saraswati river based on traditional stories existed a government-constituted expert committee
has found. Union Water Resources Minister Uma Bharti stated that the government would take
action on the report, which according to her, “cannot be challenged”. Professor K S Valdiya, who led
the panel, explained that they had reached a conclusion that river Saraswati existed, it flowed.It
originated in the Himalayas and met gulf at the western sea.
has found. Union Water Resources Minister Uma Bharti stated that the government would take
action on the report, which according to her, “cannot be challenged”. Professor K S Valdiya, who led
the panel, explained that they had reached a conclusion that river Saraswati existed, it flowed.It
originated in the Himalayas and met gulf at the western sea.
The Securities and Exchange Board of India (SEBI) has appointed a three-member panel to look
into National Spot Exchange (NSEL) scam. The initial probe in the case had revealed that some brokers involved in the NSEL’s Rs 5,574 crore payments crisis had mis-sold products.
into National Spot Exchange (NSEL) scam. The initial probe in the case had revealed that some brokers involved in the NSEL’s Rs 5,574 crore payments crisis had mis-sold products.
Capital Markets Regulator, SEBI has re-constituted its committee which advises the regulator on
issues related to disclosure requirements and accounting practices for various entities in the securities
market. The 17-member Committee on Disclosures and Accounting Standards will continue to be
chaired by Tata Sons Director (Finance) Ishaat Hussain.
issues related to disclosure requirements and accounting practices for various entities in the securities
market. The 17-member Committee on Disclosures and Accounting Standards will continue to be
chaired by Tata Sons Director (Finance) Ishaat Hussain.
Telecom Ministry has formed a committee to look into the regulator TRAI’s recommendation of
a Rs.3,050 crore penalty on top three telcos Airtel, Vodafone and Idea.
a Rs.3,050 crore penalty on top three telcos Airtel, Vodafone and Idea.
The Central Government had appointed the committee under the Chairmanship of Justice L
Narasimha Reddy, retired Chief Justice of Patna High Court to look into the anomalies, if any,
arising out of implementation of OROP.
Narasimha Reddy, retired Chief Justice of Patna High Court to look into the anomalies, if any,
arising out of implementation of OROP.