June 2015 Year National Current Affairs Bit Bank

NATIONAL

Union Government Announced Rs 1500 crore INIP
Union Government on 13 June launched an Indian Nuclear Insurance Pool (INIP) of 1,500 crore rupees as per the mandatory provision under the Civil Liability for Nuclear Damage Act (CLND), 2010. This pool will be the 27th such market pool globally. This insurance pool was launched to address the concerns of the clauses in the CLND Act, which give the operator the Right to Recourse and allow it to sue the suppliers in case of any accident. General Insurance Corporation of India (GIC Re) is the fund operator of this Rs. 1,500 crore Indian insurance pool and it includes 11 other non-life insurers as associates of the pool.

Union Cabinet Approved Housing For All By 2022 Mission
The Union Cabinet on 17 June gave its approval for Housing for All by 2022 Mission aimed at providing housing facilities to all eligible people in urban areas by 2022. It will be implemented as a Centrally Sponsored Scheme and the States and Union Territories (UTs) are given greater autonomy in execution of the mission. Union Cabinet also approved increasing India’s solar power capacity target under the Jawaharlal Nehru National Solar Mission (JNNSM) to 1 Lakh Mega Watt (MW) by 2022.

Union Cabinet Approved Bureau of Indian Standards Bill 2015
The Union Cabinet on 17 June gave its approval to introduce Bureau of Indian Standards Bill, 2015 in the Parliament. It will repeal the Bureau of Indian Standards (BIS) Act, 1986.The bill is intended to improve the quality of goods, services and systems in the country.

Union Cabinet Approved Six new IIMs In India
The Union Cabinet on 24 June 2015 approved setting up of six new Indian Institutes of Management (IIMs) in the country. These new IIMs will be located at Amritsar (Punjab), Bodh Gaya (Bihar), Nagpur (Maharashtra), Sambalpur (Odisha), Sirmaur (Himachal Pradesh) and Vishakhapatnam (Andhra Pradesh). The Union Cabinet also gave its approval to the proposal of the Ministry of Culture for setting up of a National Memorial at Lala Ka Tola, Sitab, Diara, District Chhapra (Saran) in Bihar – the birth place of Lok Nayak Jai Prakash Narayan.

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May 2015 Year National Current Affairs Bit Bank

NATIONAL

Lok Sabha Passed Goods and Services Tax Bill 2014
Lok Sabha on 6 May passed the Goods and Services Tax (GST) Bill, 2014 which is also known as Constitution (122nd Amendment) Bill. The Bill seeks to amend the Constitution in order to introduce the Goods and Services Tax (GST). Consequently, the bill also seeks to carry out new indirect tax regime in the country that will subsume various central and state levies like sales tax, excise and service tax except taxes on the supply of alcoholic liquor for human consumption and petroleum products.Transition from the traditional taxation to GST will boost India’s growth by up to 2.5 percentage points.

PM Narendra Modi Launches Three Social Security Schemes
Prime Minister Narendra Modi on 9 May launched three mega social security schemes in Kolkata, West Bengal. The schemes were launched simultaneously at 115 places in the country with Central and State Chief Ministers and senior ministers attending the functions.

• Pradhan Mantri Jeevan Jyoti Yojana (PMJJBY)
• Pradhan Mantri Suraksha Bima Yojana (PMSBY)
• Atal Pension Yojana (APY)

Atal Pension Yojana (APY) :- Under APY scheme, the pension subscribers will receive a fixed minimum monthly pension ranging from 1,000 rupees to 5,000 rupees at the age of 60 years. The fixed minimum monthly pension will be depending on the contributions subscribers. The minimum age of joining – 18 years and maximum age is 40 years. Focus of APY – To target unorganised sector workers.
Pradhan Mantri Jeevan Jyoti Yojana (PMJJBY):- Under the PMJJBY, the insurance subscriber will get an annual life insurance in case of death. Eligibility – Available any person in the age group of 18 to 50 years having a bank account. Risk Coverage – 2 Lakh rupees in case of death due to any reason. Payment Mode of premium – 330 rupees per annum will be directly auto-debited by the bank from the subscribers account.

Pradhan Mantri Suraksha Bima Yojana (PMSBY):- Under the PMSBY, the insurance subscriber will get annual life insurance in case of accidental death, partial disability or full disability. Eligibility – Available to any person in the age group 18 to 70 years. Risk Coverage – For accidental death and full disability – 2 Lakh rupees For partial disability – 1 Lakh rupees. Payment Mode of premium – 12 rupees per annum will be directly auto-debited by the bank from the subscribers account in case of long-term option.

Parliament Passed Black Money Bill
The Rajya Sabha on 13 May passed the Black Money Bill. It was earlier passed by the Lok Sabha on 11 May 2015. According to the new Bill those who conceal income and assets, and indulge in tax evasion in relation to foreign assets can face rigorous imprisonment of up to 10 years. They will also be liable to face a penalty of 300 per cent of taxes on the concealed income and assets.

PM Narendra Modi Launched Doordarshan’s Farmer-Centric Kisan TV Channel
Prime Minister Narendra Modi on 26 May launched India’s first television channel DD Kisan dedicated to farmers in New Delhi. This 24-hour channel is initially in Hindi and is dedicated to agriculture and allied sectors of India. It seeks to disseminate real-time inputs to farmers on new farming techniques, water conservation and organic farming among other information.

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April 2015 Year National Current Affairs Bit Bank

NATIONAL

PM Narendra Modi Launched India’s First National Air Quality Index
The National Air Quality Index (NAQI) was launched for the first time in India by Prime Minister Narendra Modi on 6 April 2015 primarily for assessing the quality of air in major urban centres across the country on a real-time basis. This National Air Quality Index will provide information on the quality of air in 10 major cities in the country on a real-time basis.The ten cities where the quality of air can be monitored are Delhi, Agra, Kanpur, Lucknow, Varanasi, Faridabad, Ahmedabad, Chennai, Bangalore and Ahmedabad.

Union Government Notified NJAC 2014
The Union Government on 13 April 2015 notified the National Judicial Appointments Commission (NJAC) Act, 2014 and the Constitution (Ninety-ninth Amendment) Act, 2014. The NJAC Act and 99th Amendment Act were notified in exercise of the powers conferred by sub-section (2) of section 1 of the Act. With this new law the collegium system to appoint members to the higher judiciary has come to an end. Now President will appoint judges in the Supreme Court (SC) and 24 High Courts (HCs) in consultation with the NJAC.

MHA renames Visa On Arrival Scheme To E-Tourist Visa
Union Ministry of Home Affairs (MHA) on 14 April decided to rename Tourist Visa on Arrival-Electronic Travel Authorization (TVoA-ETA) scheme as e-Tourist Visa (eTV) scheme.

Rajya Sabha Passed Transgenders Rights Bill
The Rajya Sabha on 24 April passed a bill that seeks equal rights for the transgenders.“The Rights of Transgender Persons Bill 2014” was introduced by DMK MP Tiruchi Siva. It was the first private member’s bill to be passed by the Upper House in 45 years. The last time the Lok Sabha passed a private member’s bill was in 1970. In the Rajya Sabha a private member’s bill was passed in 1969.

Railways Launches Mobile App for Paperless Ticketing of Unreserved Category
The Railway Ministry has launched ‘utsonmobile’, a mobile application for paperless unreserved tickets. The application service was launched by Union Railway Minister Suresh Prabhu on 22 April in New Delhi. This application will allow its passenger to buy a ticket on the move and to board the train with the ticket secured on his mobile phone in digital format, without any need for printing the ticket. Initially, it has been launched as a pilot project and cover 15 stations in Southern Railway. Later on it will be extended to entire country in phases.

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March 2015 Year National Current Affairs Bit Bank

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Govt To Launch Atal Pension Yojna (APY) On 1 June
Atal Pension Yojna (APY), announced in the 2015-16 Budget , will be launched on 1st of June 2015 and will focus on all citizens in the unorganised sector entitling them to a pension of up to Rs 5,000 per month after 60 years of age. The existing subscribers of Swavalamban Scheme would be automatically migrated to the APY pension scheme, unless they opt out. The minimum age of joining APY is 18 years and maximum age is 40 years.

Parliament Passes Citizenship (Amendment) Bill, 2015
Parliament on 4 March passed the Citizenship (Amendment) Bill, 2015. The bill was passed by Lok Sabha on 2 March and was cleared by the upper house also called Rajya Sabha on 4 March 2015. The bill seeks an amendment in the Citizenship Act, 1955 and to merge the Person of Indian Origin (PIO) and Overseas Citizenship of India (OCI) schemes.

Lok Sabha Passed Land Acquisition (amendment) Bill, 2015
Lok Sabha on 10 March 2015 passed the Land Acquisition (amendment) Bill, 2015. The bill was passed by voice vote along with incorporated 9 new amendments moved by Union government. The bill amends the Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement (RFCTLARR) Act, 2013.

Parliament Passed Insurance Laws (Amendment) Bill, 2015
Parliament has passed Insurance Laws (Amendment) Bill, 2015. It was first passed in Lok Sabha on 4 March 2015 and later in Rajya Sabha on 12 March 2015. In both the houses the bill was passed by voice vote. The amendment bill replaces ordinance promulgated in this regard and aims to bring improvements and revisions in the existing laws relating to insurance business in India.The amendment bill hikes Foreign Direct Investment (FDI) cap in the insurance sector to 49 percent from present 26 percent.

Parliament Passed Mines and Minerals (Development and Regulation) Amendment Bill, 2015
Parliament has passed Mines and Minerals (Development and Regulation) Amendment Bill, 2015. The bill was first passed in Rajya Sabha and later in Lok Sabha on 20 March 2015.The Bill was passed in Rajya Sabha after the Union government had accepted the recommendations of the Select Committee. The amendments in the bill were made in the bill passed by Lok Sabha on 4 March 2015.It seeks to amend the Mines and Minerals (Regulation and Development) Act, 1957 and replace the ordinance promulgated in January 2015.

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February 2015 Year National Current Affairs Bit Bank

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31 Major Minerals To Be Notified As Minor Minerals

The Union government has on 5 February decided to notify 31 major minerals as minor ones.This is being done to devolve more power to the states and, consequently, expedite the process of mineral development in the country. State governments are allowed to make rules to regulate the grant of quarry leases, mining leases or other mineral concessions in respect of minor minerals.

Telecom Subscriber Base Reaches To 97 crore

Telecom regulator Telecom Regulatory Authority of India (TRAI) on 7 February released a report on subscriber base. India telecom subscriber base reaches all-time high at 970 million at the end of December 2014.The number of telephone subscribers in India increased from 964.20 million at the end of November 2014 to 970.97 million at the end of December 2014. This surpasses the previous record of 965.5 million reached in June 2012. Teledensity in the country, which means connection per 100, reached 77.58.

PM Constituted 3 Sub-groups Of Chief Ministers within NITI Aayog

The first meeting of the Governing Council of NITI (National Institution for Transforming India) Aayog was held in New Delhi on 8 February. The meeting was presided by NITI Aayog’s Prime Minister Narendra Modi.During the meeting, Prime Minister Narendra Modi has constituted three sub-groups of Chief Ministers within National Institution for Transforming India (NITI) Aayog.

1. First sub-group - It will study the 66 centrally-sponsored schemes and recommend which schemes should continue, which should be transferred to states, and which to discontinue.
2. Second sub-group – It will focus on skill development and creation of skilled manpower within states.
3. Third sub-group – It will decide on the institutional mechanisms to be evolved for Swachh Bharat Abhiyaan, so that cleanliness becomes a part of life in perpetuity.

PM Narendra Modi Launched ‘Soil Health Card’ scheme

Prime Minister Narendra Modi launched the centrally sponsored nation-wide ‘Soil Health Card’ (SHC) scheme on 19 February in Suratgarh town of Sriganganagar district, Rajasthan. The nationwide scheme will help farmers to scientifically analyse the soil of farms in the country. The scheme aims at helping farmers in improving productivity by appropriate use of nutrients or fertilisers.

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July 2015 Year National Current Affairs Bit Bank

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PM Narendra Modi Launched ‘Digital India Week’
Prime Minister Narendra Modi on 1 July launched the ‘Digital India Week’ in New Delhi. The newly created week is aimed at encouraging people’s involvement and creating awareness among them about various initiatives launched under the Digital India Programme launched in August 2014.

Union Cabinet Approved Pradhan Mantri Krishi Sinchayee Yojana
Union Cabinet on 1 July approved Pradhan Mantri Krishi Sinchayee Yojana (PMKSY) aiming at providing irrigation facilities to every village. The Yojana was approved with an outlay of 50000 crore rupees over a period of five years, that is, from 2015-16 to 2019-20 and the allocation for the financial year 2015-16 has been kept at 5300 crore rupees.

PM Narendra Modi Launched Pradhan Mantri Kaushal Vikas Yojana
Prime Minister Narendra Modi on 15 July launched the Pradhan Mantri Kaushal Vikas Yojana in New Dehi.The programme aims to impart skill training to 24 lakh youth during 2015-16 with focus on first time entrants to the labour market and class 10 and class 12 drop outs.

Prime Minister Unveiled National Policy for Skill Development & Entrepreneur ship 2015
Prime Minister Narendra Modi on 15 July unveiled National Policy for Skill Development and Entrepreneurship 2015 in New Delhi.The policy was unveiled in a programme held on the occasion of first-ever World Youth Skills Day. It is the first such policy on entrepreneurship since independence and intended to replace the National Policy on Skill Development 2009.

India signed Loan Agreement of $300 Million with ADB For NUHM
India on 28 July signed a loan agreement of 300 million US dollars with Asian Development Bank (ADB) for its flagship programme National Urban Health Mission (NUHM). The main of the NUHM is to improve the health status of the country’s urban population.

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January 2015 Year National Current Affairs Bit Bank

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Union Govt Established NITI Aayog To Replace Planning Commission
The Union Government on 1 January established NITI (National Institution for Transforming India) Aayog , as replacement for the Planning Commission.  This comes after extensive consultation across the spectrum of stakeholders, including state governments, domain experts and relevant institutions. NITI Aayog will seek to provide a critical directional and strategic input into the development process. NITI Aayog that replaced the 65 year old Planning Commission will be headed by Prime Minister. It will have a governing council comprising Chief Ministers of all the states and Lt. Governors of Union Territories. Apart from this, the NITI Aayog will also have a Vice-Chairperson and a Chief Executive Officer (fixed tenure, in the rank of Secretary to the Government of India), who will be appointed by the Prime Minister.

PM Narendra Modi Releases Coin In Honour Of Jamsetji Tata
Prime Minister Narendra Modi on 6 January released a commemorative coin in honour of Jamsetji Tata, popularly known as father of modern Indian industry, on his 175th birth anniversary in New Delhi.Jamsetji is the first industrialist felicitated by the Indian government in such a manner.He founded Tata Group, India’s largest business conglomerate. He was born on March 3, 1839 in Navsari, a small town in south Gujarat.Jamsetji Tata founded the Tata group in 1868.

PM Narendra Modi Launched Sukanya Samridhi Yojana Under BBBP campaign
Prime Minister Narendra Modi on 22 January launched a small deposit scheme Sukanya Samridhi Yojana for girl child under the Beti Bachao Beti Padhao (Save the Daughter, Teach the Daughter) campaign. The scheme was launched at Painpat in Haryana, a state with one of the poorest sex ratio in the country . The scheme will ensure equitable share to a girl child in resources and savings of a family in which she is generally discriminated against a male child. Sukanya Samridhi Yojana will enable parents to open bank accounts of girls who are under 10 years of age.Sukanya Samridhi Account will fetch an interest rate of 9.1 percent and provide income tax rebate.

Union Government Released Commemorative Postage Stamps On Swachh Bharat Mission
Union Government has released set of three Commemorative Postage Stamps on Swachh Bharat Mission (Clean India Mission). This set of 3 stamps was released by Union Ministry for Communications & Information Technology and issued by Department of Posts. These stamps were released to in order to achieve the vision of Clean and Healthy India. Department of Posts has selected the design for the stamps through a competition among the children on the theme of Swachh Bharat Mission. Swachh Bharat Mission was launched by the Prime Minister on the 2nd October, 2014 on the occasion of Birth Anniversary of Father of the Nation- Mahatma Gandhi. This mission seeks to achieve Clean India and aims to provide access to toilets to all households in the country.

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