22 December 2010

1. 30 agreements were signed between Prime Minister Manmohan Singh and Russian President Dmitry

Medvedev. The highlight of the 30 agreements was the consolidation and extension of strategic cooperation in the civil nuclear, hydrocarbons and space sectors. 2. Russia joined the U.S. and France in speaking of India and itself as “states possessing nuclear weapons” and promised to quarterback India's bid for full membership at the Nuclear Suppliers Group and other multilateral export control clubs. Russia reiterated its support to India for a permanent seat on the United Nations Security Council 3. In the civil nuclear sector, a firm agreement on setting up two more reactors at Kudankulam, beyond the four already in the pipeline, was postponed pending the ongoing talks on the liability issue Russian reactors are due to come up at Haripur in West Bengal, besides Kudankulam. In response to Russia's unhappiness with Haripur, another potentially less contentious site in Orissa is being readied. 4. In defence, India and Russia marked the beginning of their first-ever collaboration in producing a next-generation fighter aircraft, with the inking of the preliminary design contract agreement. 5. The intention to collaborate in the hydrocarbons sector was given a concrete shape by an intergovernmental agreement The Memorandum of Understanding between Sistema, a telecom-petro giant with rights over two lucrative hydrocarbon fields, and ONGC Videsh progressed to a framework agreement on cooperation. 6. Three agreements in the space sector will give India access to the Russian satellite constellation, the Global Navigation Satellite System. 7. The two sides also gave a firm shape to a partnership in the pharmaceuticals sector, in which India sees a $15-16 billion opportunity, with the joining of hands by the private sectors of both countries for joint ventures in Russia. 8. The country's indigenous Lakshya-2 pilotless target aircraft was successfully flight-tested The aircraft is built to meet anticipated users' requirements for such a vehicle for testing out their guns and missiles 9. Prime Minister Manmohan Singh released Rs.400 crore for the Andhra Pradesh government as advance from the National Calamity Contingency Fund to take up immediate relief and rehabilitation measures in the State that was affected by unprecedented rains and cyclonic storms in the last few months. 10. President Pratibha Patil ordered the suspension of B.S. Lalli, Chief Executive Officer of Prasar Bharati, on charges of irregularities in the country's largest public broadcaster. According to the Prasar Bharati Act, the chairman or a member can only be removed by an order of the President on grounds of misbehavior, after which the Supreme Court holds an inquiry 11. book,Convenient Action: Gujarat's Response to Climate Change written by Chief Minister Narendra Modi 12. The Indian Space Research Organisation is set to place Singapore's first satellite in orbit within a month 13. Saikat Dutta of The Outlook magazine and Vinita Kamte, wife of killed Mumbai police officer Ashok Kamte, are among the seven winners of this year's National RTI Awards, announced by the Public Cause Research Foundation. 14. The biggest defence programme in India's history — the contract for the preliminary design of the Fifth Generation Fighter Aircraft (FGFA) — was signed between Hindustan Aeronautics Limited (HAL) and Russia's Rosoboronexport and Sukhoi. It will involve the production of 200-250 aircraft. The aircraft would be called Perspective Multi-role Fighter (PMF).
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15. India and Russia on Tuesday signed an agreement to share high-precision signals from the Global

Navigation Satellite System (GLONASS) for defence as well as civilian use. Russia currently has a total of 26 GLONASS satellites in orbit, of which 23 are operational. GLONASS is the Russian equivalent of the United States' global positioning system that allows users to determine a near precise position of any object to within metres. Notably, in March this year, the Russian Federal Space Agency Roscosmos, the Indian Space Research Organisation (ISRO) and Russian Navigation Information Systems (NIS) GLONASS signed a ‘Memorandum of Cooperation. 23 December 2010 1. The Centre announced abolition of import duties and banned its exports for an indefinite period. Cabinet Secretary K. M. Chandrasekhar, who is personally monitoring the situation, asked the State governments to take strong action against hoarders. He asked the Union Commerce Ministry to import onions to cool down prices. The government directed its three trading companies — STC, PEC and MMTC — to scout for imports. “To counter the sudden and unexpected rise in the prices of onions, the Department of Revenue has brought down customs duty and countervailing duty to zero,” Finance Secretary Ashok Chawla told reporters. The government, which had earlier suspended exports till January 15, notified an indefinite ban on onion export. Onion imports hitherto attracted a customs duty of 5 per cent, while countervailing duty was fixed at 4 per cent. Countervailing duty is levied to protect domestic producers. 2. The Jammu and Kashmir government has lifted the ban on short messaging services on post-paid cellphone connections. But the ban on SMS through pre-paid connections will stay. 3. Professor Wei Zhang, a Benjamin Pierce Instructor at the Department of Mathematics, Harvard University, received the SASTRA-Ramanujan Award, instituted by the Shanmugha Arts Science Technology and Research Academy (SASTRA) University to encourage path-breaking research in Ramanujan Mathematics for 2010. 4. By referring to “states possessing nuclear weapons” in his joint statement with Prime Minister Manmohan Singh, Russian President Dmitri Medvedev became the third leader of the P-5 to acknowledge the importance of transcending the Nuclear Non-Proliferation Treaty's definition of a “nuclear weapons state” in the push for universal disarmament. U.S. President Barack Obama and French President Nicolas Sarkozy had earlier both agreed to similar formulations in their joint statements. 5. Among the P-5, the Chinese also refused to commit themselves to supporting India's bid to join the Nuclear Suppliers Group, something the U.S., France and Russia have all announced their backing for. The British have not yet addressed this issue but again, Indian officials are confident that the next bilateral summit will cover this ground. 6. Indian membership in NSG, which will be informally taken up by the 46-nation cartel at its plenary at The Hague in June 2011, will be another step in the direction of India being accommodated within the non-proliferation regime despite possessing nuclear weapons outside the NPT. 7. Two nuclear weapons-capable Prithvi-II missiles were successfully flight-tested within an hour of each other from the Integrated Test Range, Chandipur, Orissa, the short-range ballistic missiles were tested for the full range (350 km) by personnel of the Strategic Force Command (SFC) as part of a regular exercise. 8. The Akhil Bharat Hindu Mahasabha has moved the Supreme Court, challenging the part of the Allahabad High Court's September 30 ruling on the Ayodhya title suits which has given one-third of the disputed land to Muslims. 9. The U.S. Senate on Wednesday ratified a landmark nuclear arms control treaty with Russia- Strategic Arms Reduction Treaty (START)
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10. Finance Minister Pranab Mukherjee said he saw the private sector chipping in with $500 billion (about Rs.22.50 lakh crore) for development of the infrastructure sector during the XII Plan (201217).“We are already envisaging doubling of infrastructure investment to around $1 trillion in the XII Plan, with half of it coming from the private sector,” he said. During the XI Plan (2007-12), the Minister said, the government tried to scale up investment in the infrastructure sector to 7.1 per cent of the Gross Domestic Product (GDP) with the private sector contributing about one-third of the total envisaged investment of about $500 billion. 11. Reserve Bank of India Deputy Governor Subir Gokarn said the RBI would soon come out with the guidelines for credit default swap (CDS), an instrument by which a lender could insure the risk arising from its exposure to a borrower by transferring it to a third party. 12. The committee headed by the former Supreme Court Judge, Justice B.N. Srikrishna, set up to go into the demands for a ‘separate Telangana' State and a ‘united Andhra Pradesh,' will present its report to the Centre on December 31, last day of its term. 24 December 2010 1. In the wake of a fall in the prices in the wholesale markets across the country, the National Agricultural Cooperative Marketing Federation of India Ltd. (NAFED) said it had deferred imports from Pakistan. 2. Australia apologised to Indian doctor Mohamed Haneef for wrongly detaining him on terror charges three years ago. 3. Within a week of a British court striking down the interim cap on professionals from India and other non-EU countries working in the United Kingdom, the Home Office said the cap until April 2011 is “legal and up and running.” 4. Fuelled by the soaring onion prices, food inflation re-entered the double-digit zone, after a gap of one month. It stood at 12.13 per cent as on December 11. 5. A complaint has been filed in a local court against hardline Hurriyat leader Syed Ali Shah Geelani and writer-activist Arundhati Roy for their alleged anti-India remarks at a seminar in Delhi on October 21. 6. The former Chief Minister of Kerala and veteran Congress leader, K. Karunakaran, died. 7. Government is discussing a proposal for allowing foreign direct investment in multibrand retail stores and increasing the FDI limit in defence production. 8. The Japan International Cooperation Agency (JICA) has agreed to provide financial assistance of Rs.1,152.50 crore to the Rajasthan Government for implementation of the second phase of a forestry and bio-diversity project in the State with emphasis on sustainable development through joint forest management. 9. The United States Senate passed the New START treaty, an arms reduction agreement with Russia. 10. The International Convention for the Protection of All Persons from Enforced Disappearance enters into force on December 23, marking the end of a long struggle to get enough number of countries to ratify the convention to make it a legal instrument. Almost four years after its adoption by the General Assembly of the United Nations, the Convention eventually reached the 20th ratification, which was necessary for it to come into effect. As many as 88 countries have signed the convention but only 21 have ratified it 11. Sound of Music star Julie Andrews, country singer Dolly Parton and jazz drummer Roy Haynes will be honored with lifetime achievement Grammy awards next year 12. Intergovernmental agreement on the Turkmenistan-Afghanistan-Pakistan-India gas pipeline project (TAPI) signed on December 11 in Ashgabat (Turkmenistan).
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The United States — which. Initially.000 people. Potatoes and red chilly will be among the new 17 commodities proposed to be introduced by the National Spot Exchange Ltd (NSEL) for spot trading. Page 4 . . 10. 16.13. Tamil Nadu and Delhi. an official coin marking the occasion has been unveiled. The NCPCR is in the process of developing a tool for the social monitoring of the Act.5P from Sriharikota A. which will be initiated as a pilot project from early next year in 250 panchayats across Rajasthan.33 this March. Union Commerce and Industry Minister Anand Sharma said. despite protests by New Delhi. 9. Just two months after Britain's Prince William and Kate Middleton got engaged. The GSLV-F06 will put in orbit communications satellite GSAT. beaming telephone conversations and networking banking transactions. as compared to 25 to 45 for developed countries. Madhya Pradesh. Assam. At present. Bihar. Telugu Desam Party president N. The Bombay Stock Exchange and Taqwaa Advisory and Shariah Investment Solutions (TASIS) will launch the BSE TASIS Shariah 50 index.40 billion during AprilOctober this year as compared to $19. which is imported from Russia. Foreign Direct Investment (FDI) declined sharply by 37. 15. 4. A pilot project of building houses for the internally displaced persons (IDPs) in Jaffna sri lanka will begin soon.95 billion in the corresponding period last year. 5. 6. 3. Chandrababu Naidu called off his eight-day hunger strike demanding higher compensation to farmers hit by heavy rains and floods following persuasion by national leaders of ten parties. just about 45 per cent of the Indian population had access to bank accounts. “Swarnim Chess Mahotsav” (Gujarat) has staked its claim to find a place in the Guinness Book of World Records by assembling 20. Andhra Pradesh. India had already entered into comprehensive market opening pacts with Singapore. non-banking financial companies (NBFCs) and microfinance institutions (MFIs) have been in favour of corporates into banking. 14.000 will be added later. and there was a low ratio of one bank branch for 16. To monitor the implementation of the Right of Children to Free and Compulsory Education (RTE) Act. South Korea and 10-nation economic bloc ASEAN. 25 December 2010 1.P. Uttar Pradesh. the first lot is expected to be ready by April 2011. Banks have advised the Reserve Bank of India against allowing industrial houses to enter the banking space. Japan and the European Union in the first half of 2011. India will open its trade in goods and services with Malaysia.483 players to play chess simultaneously on one platform. 2009. the National Commission for Protection of Child Rights (NCPCR) is planning social monitoring of the historic law that guarantees elementary education to children in the age group of 614. The GSAT-5P will be used for broadcasting television programmes. even as industry associations. India-based Shariah advisory board. The Index will be the first Shariah Index created in India utilising the strict guidelines and local expertise of a domestic. 1000 houses will be built and 49. NSEL provides an electronic platform for spot trading in agriculture and non-agriculture commodities. The number of branches per lakh of population was 6.84 per cent to $12. 2. Haryana. India has already signed a framework agreement for the Comprehensive Economic Cooperation Agreement (CECA) with Malaysia and concluded negotiations for a similar pact with Japan. recently proposed a hike in fee for H1B and L1 visas used by Indian professionals — now plans to levy an additional two per cent fee on Indian exports. The Russian-American New START treaty won preliminary approval of the Russian Parliament. It has liquid oxygen and liquid hydrogen into the third upper cryogenic stage. India had launched negotiations for comprehensive economic partnership agreement with New Zealand and Canada. 7. 8.

4. said: “we will now review the GSLV programme” since a GSLV of the same class was needed to put Chandrayaan-2 into orbit in 2013-14.” 7. Comptroller and Auditor-General (CAG) of India Vinod Rai will appear before Parliament's Public Accounts Committee (PAC) in connection with the 2G telecom controversy.” 9.88 per litre and LPG cylinders at Rs. Sanjeev Tripathi will be the new chief of the country's external intelligence agency. Veerappa Moily said the Centre was committed to implementing all recommendations of the Rajinder Sachar Committee on minorities' welfare. including the latest one. The previous GSLV flight in April 2010 also failed. however. 3.The constitution of NGT and by excluding all environmental matters from the jurisdiction of the High Court and Civil Courts. 272.S. an exchange release said here. The Chinese government's official film production company has given its backing to the country's first ever home-made “Bollywood” film production. Swaminathan has been conferred the CNN-IBN Indian of the Year 2010 Lifetime Achievement Award for his “outstanding leadership in the field of agriculture that has contributed to ensuring food security for millions of Indians. have failed. 10. the Research and Analysis Wing (RAW). kerosene at Rs.1. “Coop Core – 2010” workshop for the nation-wide launch of the Core Banking Solutions (CBS) for Urban Cooperative Banks (UBCs) held at ahamadabad. Page 5 . 8.The BSE TASIS Shariah 50 index consists of the 50 largest and most liquid Shariah compliant stocks within the BSE 500. Agricultural scientist M. The rocket would put in orbit India's Resourcesat-2. Union Law Minister M. a $ 10-million project. Mukherjee said: “ oil marketing companies are subsidising diesel at Rs. Finance Minister Pranab Mukherjee lauded public sector oil marketing companies for subsidising petroleum products even in the face of high rate of crude in the international market. The ISRO would launch a Polar Satellite Launch Vehicle (PSLV-C16) from Sriharikota in the first week of February 2011. 16. headed by BJP veteran Murli Manohar Joshi has been examining the CAG's report of a presumed loss of Rs. having 24 transponders. 2.76-lakh crore in the allocation of the 2 G spectrum. The PAC.P. Youthsat with payloads from Russia and India. The ISRO Chairman Dr. The GSAT-8. The cases pending before the two forums stood transferred to the NGT. 5. The National Environmental Tribunal Act and the National Environment Appellate Authority Act were repealed.). and X-Sat from Singapore. 6. 26 December 2010 1. Mr.41 per litre. Out of seven GSLV flights from 2001. four. The launch of the Geo-Synchronous Satellite Launch Vehicle (GSLV-F06) ended in a failure at Sriharikota (A. Britain could soon become the first western country to declare caste discrimination unlawful by recognising it as a form of racial prejudice if the government accepts the recommendations of a study it commissioned to help it take a decision. would be launched by the European Space Agency's Ariane rocket from French-Guyana in March-April 2011. 27 December 2010 1. Centre had already identified 90 districts with a large concentration of minorities where it would implement the 15-point programme for them and solve their economic and other problems. The creation of the index will help promote financial inclusion of the Muslim population in India and attract investment flows from international funds that must adhere to Shariah norms. The GSLV-F06 was to have put in orbit GSAT-5P with 36 transponders. which created a storm in Parliament. National Green Tribunal (NGT) Act 2010 . Radhakrishnan. 5.19 each.

28 December 2010 1. ST status was given to the J&K and Himachal Gujjars more than two decades ago. The report clearly said that the Rajasthan Gujjars fulfilled all the requirement to be declared an enlisted Tribal Group.100 crore to be lent to venture capital funds. Kerala and West Bengal avoided the sharp rise these six years .414 farm suicides — 309 more than in 2008. Gujjars of Jammu and Kashmir have thrown their weight behind the Rajasthan Gujjars in their 3. it is still 590 more than in Karnataka. the worst figure for farm suicides in six years. put Chandrayaan-1 in orbit in October 2008. a sectarian Muslim group which carries out cross-border attacks inside Iranian territory. The third BRIC summit in China next year will see South African President Jacob Zuma present as an observer. according to sources in the government.060.172 over the 2008 count of 16. Karnataka saw the highest increase of 545 in 2009.282 farm suicides. The rover will drive about on the lunar soil. 4. NCRB farm data now exist for 13 years. The share of the Big 5 States. Andhra Pradesh. Madhya Pradesh and Chhattisgarh — in 2009 remained very high at 10.16. according to data of the National Crime Records Bureau (NCRB). 18 of 28 States reported higher farm suicide numbers in 2009. The G-4 countries (Japan-India-Germany-Brazil) regularly have consultations with South Africa on the expansion of the Security Council. which is under development.2. which was forwarded to New Delhi by the Rajasthan government in 2008. which is much smaller than the GSLV-Mark II.395) and Chhattisgarh (1. Vaidyanathan committee report on cooperative sector reforms. In a bid to boost innovative agri start-ups and rural enterprises. Russia. The GSLV is a three-stage vehicle. Though that is a fall of 930. Andhra Pradesh recorded 2. This means that aspirants for membership like Egypt and Indonesia will have to wait till the BRICS stabilises. Within the Big 5. GSLV-Mark II with an indigenous cryogenic engine that will put Chandrayaan-2 in orbit in 2013-14. against 512 in 2008. ongoing struggle for grant of Scheduled Tribe (ST) status.196. ISRO needs a GSLV to put Chandrayaan-2 in orbit because Chandrayaan-2 is much heavier. days after Islamabad announced the arrest of the chief of Jundallah. over a fifth of the total 2.276 farm suicides since 1997. the National Bank of Agriculture and Rural Development (NABARD) has earmarked Rs. Madhya Pradesh (1. They urged the Union government to take action on the Justice Chopra Committee report. though falling nearly five percentage points from 2008. or ‘suicide belt' — Maharashtra. Tamil Nadu doubled its tally with 1. While the Polar Satellite Launch Vehicle (PSLV-XL). Maharashtra remained the worst State for farm suicides for the tenth successive year.16. It brings the total farm suicides since 1997 to 2.872. Karnataka. The first stage uses solid propellants with four strap-on booster motors. Outside the Big 5. or around 62 per cent of the total. Iran has stepped up pressure on Pakistan to crack down on terrorists. This is an increase of 1. The BRIC (Brazil. It will have a lander and a rover. The upgraded GSLVMark III. which have a mandate to invest in such companies. it noted.500. 7. second worst.368 Indian farmers killed themselves in 2009. 5.500. 6.802) saw smaller increases of 16 and 29. Among the major States. The second stage uses liquid propellants. The third topmost stage uses cryogenic propellants. Maharashtra has logged 44.765. pick up samples with a robotic arm and do in situ analysis. 2. which logged 2. At least 17. only a few including Karnataka. reporting 2. In all. Page 6 . will carry two Indians into space in low earth orbit around 2016. Membership of the soon-to-be five nation grouping will then be frozen for some time. India and China) grouping will become BRICS with the inclusion of South Africa.

Quraishi said on Monday that an expenditure monitoring division had been set up at the Election Commission headquarters in New Delhi and the campaign to check use of money power in elections would continue. 2011 deadline to begin its crackdown against telemarketing companies for making unsolicited calls and sending SMS. Rangarajan added. Lack of preparedness on the part of mobile operators may force the Telecom Regulatory Authority of India (TRAI) to extend its January 1. Patel launched the first seaplane service in the country at the Juhu aerodrome here and named it ‘Jal Hans. The amount would be spent in the two Gram Panchayats of Krishna district – Kondapalli and Ibrahimpatnam. The Centre on Tuesday announced an additional allocation of five million tonnes of wheat and rice to States for distribution to the Below Poverty Line (BPL) and Above Poverty Line (APL) beneficiaries through the Targeted Public Distribution System. 9. Prime Minister's Economic Advisory Council Chairman C. The grains for BPL will be sold at the Page 7 . Ninan.m. while ONGC has 21 per cent. Mr. 29 December 2010 1. The Union Civil Aviation Ministry has recommended an equity infusion of Rs. TRAI will also issue a new set of numbers starting with ‘70' for telemarketers so that any unregistered subscribers can identify commercial calls and decide whether to accept or reject them. 8. 120 crore. At present.1. Comptroller and Auditor-General of India Vinod Rai on Monday appeared before the Public Accounts Committee (PAC). It will complete the work under public-private partnership model in three years and manage it for the next ten years.3. T.200 crore soon. 10.J. led by Murli Manohar Joshi to give his views on the 2G spectrum allocation scam. no telemarketing calls will be made between 9 p. the PM panel sees a GDP growth rate between 8. roads. 4. Inflation is expected to come down to 5.' The amphibian plane will run on the Andaman and Nicobar islands.5 per cent-9 per cent in the current fiscal. The economy would become middle income country by 2020.5 per cent by March 2011. the government owns 79 per cent stake in the chopper firm. 11. 2011. Dr. Besides. has been elected president of the Editors Guild of India. with the primarily objective of providing livelihood opportunities and urban amenities in rural areas. 12.58 per cent in October while food inflation shot up to 12. an infrastructure major with experience in irrigation. oil and natural gas sectors apart from manufacture of spiral and fibre glass pipes. has been awarded a prestigious PURA (Provision of Urban Amenities in Rural Areas) project worth Rs.2. Chief Election Commissioner S. Oil and Natural Gas Corporation (ONGC). Rangarajan said. The Chairman and Editorial Director of Business Standard. The Pakistan Navy on Monday successfully test-fired several surface-to-air missiles to assess its air defence capabilities in the Sonmiani area of the Sindh province.48 per cent in November against 8.000 crore in Air India (AI) in the next financial year after the national carrier gets Rs. Similarly. A joint venture has been formed between Pawan Hans Helicopters Limited (PHHL) and the Andaman and Nicobar administration on an equal profit-sharing basis. is raising its stake in Pawan Hans Helicopters Limited (PHHL) from 21 per cent to 49 per cent. PURA stems out of former President A. Megha Engineering and Infrastructures Ltd (MEIL). TRAI source said registration of telemarketers and subscribers is likely to begin on January 15. 22-member committee. 6.13 per cent for the week ended December 11.P. 5.Y. drinking water. This is in addition to the 25 lakh tonnes of grains released for the BPL population in August. and 9 a.m. The wholesale price index-based inflation stood at 7. power. 7.N. Government had allowed 100 per cent Foreign Direct Investment in the operation of seaplanes. Abdul Kalam's visualisation of the transformation of rural India in 2003.

saying it has filed a construction license application covering the project's first two reactors. 6. National Remote Sensing Centre (NRSC) director V. over three times higher than 21 in 2009. These decisions. the year closed at 72. This is three-and-ahalf times higher than the previous year (Rs.930 crore).567 crore) and 53 per cent higher than the earlier record year of 2007 (Rs. Jayaraman told.2.15. cartosat. 3. Israel Prime Minister Benjamin Netanyahu ruled out apologising to Turkey over the raid on a Gazabound aid ship that killed nine Turkish activists.8. according to Mr.480 crore). 8. A banking fraud.45 a kg and rice at Rs.25 lakh crore. Anchor investors. 12. as another vessel prepared to bypass its blockade of the territory. the premier database on the primary capital market. 7. Following Coal India were NMDC (Rs.142 crore). The year 2010 also witnessed the largest-ever IPO — from Coal India for Rs. According to PRIME.7. Stock holding limit on sugar will also continue for the next three months to keep prices in check.199 crore. 4.15 a kg for wheat and Rs. For the APL.2. which single-handedly accounted for 22 per cent of the year's total mobilisation.45. Two countries will have a joint naval exercise in the Sri Lankan waters in 2011. has been unearthed at the leading multinational lender Citibank's Gurgaon (Haryana) branch. wheat will be available at Rs. 10. India on Tuesday offered training placements for the Sri Lankan security personnel. 5.3.45.33 lakh crore beat Reliance Powers' record of Rs.262 crore). public equity issuances. ocean and atmospheric satellites. pulses and sugar in check in the coming months. The UAE has introduced a work permit that will allow foreign workers to switch jobs after two years without facing a six-month ban. Resourcesat-2 will be launched in early February or January-end. The top five issues were all from the public sector. can be allocated as much as 30 per cent of the portion reserved for qualified institutional buyers (usually 60 per cent) in an issue.public distribution system rate of Rs. taken at a meeting of the Empowered Group of Ministers (EGoM). witnessed the highest-ever mobilisation in 2010 at Rs. the book The Congress and the Making of the Indian Nation edited by senior party leader Pranab Mukherjee. or several earlier years which had seen much higher number of issuances. 8. 8. that of the highest amount ever collected as application money. 9. Power Grid (Rs.69. It will be a replacement satellite for Resourcesat-1. The highest oversubscription was witnessed by Persistent Systems at 93 times. 13. This huge raising was possible because of the concerted and successful public sector undertakings (PSUs) issue programme. The government also extended the ban on export of pulses and the permission to import pulses at zero duty till March 2012. rice.65 for rice. 2. These include a series of resourcesat. The largest private sector issue was from Jaypee Infratech (Rs.2. 11. according to PRIME.19. After a dull 2008 and 2009. the year witnessed 64 IPOs (previous year 20) and 8 FPOs (previous year 1). The Department of Space plans to launch “not less than 30 satellites” in the next decade. Coal India. Page 8 .192 crore. which could run into a whopping Rs. NTPC (Rs. chaired by Union Finance Minister Pranab Mukherjee. who cannot be a promoter of the issuer company. are meant to contain food inflation and keep prices of wheat. Coal India got oversubscribed by over 15 times. The Telecom Regulatory Authority of India (TRAI) issued a consultation paper seeking views of various stakeholders for promoting manufacturing and research and development (R&D) of telecom equipment. though much below 106 issues in 2007. 400 crore. The UAE's state nuclear company is moving ahead with plans to build its first nuclear power plant.530 crore). Also. By number of issues. with Rs. The year 2010 also broke another record.9. comprising initial public offerings (IPOs) and follow-on public offerings (FPOs).442 crore) and REC (Rs. 5. 4. Haldea. an annual defence dialogue and staff-level talks between the Navy and armies of the two countries will begin from next year.

which Mr.domestic and international provident and pension funds.through a bidding process. The National Commission for Human Resources for Health Bill.In ASBA. ASBA (Application Supported by Blocked Amounts) is a process developed by the Securities and Exchange Board Of India (SEBI) for applying to IPO. requires each side to reduce its nuclear arsenal from the current limit of 2. directed Karnataka to make regulated releases of 8 to 10 thousand million cubic Page 9 .200 to 1. Nepal. Sri Lanka. Mobile operators who recently received notices from the Department of Telecommunications for failing to meet their roll-out obligations have started paying penalty to the government. 31 December 2010 1. is unable to monitor ACU transactions. Washington had been pressuring Delhi to shut down this route. President Obama has achieved a significant success in gaining the United States Senate's ratification by 71 votes to 26 of a new strategic arms reduction treaty (Start) with Russia. current account transactions for oil and gas imports — a decision that directly hits at Indian energy imports from Iran. Obama and Russian President Dmitry Medvedev signed in Prague in April. 14. The issuer will carry out the bidding process one day prior to the actual issue opening to choose the anchor investor. The lock-in period for such an investor is 30 days. where a unique Miss Elephant International pageant was held. Reserve Bank of India has barred companies from using the Asian Clearing Union (ACU) to process 2.550 deployed strategic nuclear warheads by 2017. 5.S. headed by Justice Brijesh Kumar. Nepal's exotic Chitwan National Park. an IPO applicant's account doesn't get debited until shares are alloted to him. there has been none since the 1991 Start expired in December 2009. 911 tmcft to Karnataka and 666 tmcft to Maharashtra The tribunal. 4. which enforces those sanctions. The agreement also introduces an inspection and verification process. foreign institutional investors.6 metres. The shares of other basin States — Karnataka and Maharashtra — were also raised. however. Myanmar and Iran.001 tmcft to Andhra Pradesh. Besides developing the Iranian port. But since the U. Goods would then be transported into Pashtun areas of Afghanistan by an alternate route than the one through Pakistan's Karachi port. 3. The three-member tribunal. Treasury. 7. Pakistan. The nine countries settle payments for intra-regional transactions among participating central banks on a multilateral basis. which include mutual funds. is aimed at consolidating the law in certain disciplines of health sector and promoting human resources in the health sector. 6. Bhutan. Anchor investors belong to the Qualified Institutional Buyers (QIBs) category. Maldives. Launch vehicles of all kinds are restricted to 700 for each side and all launch systems are not to exceed 800 each.256 metres from 519. The ACU has nine members today: India. the tribunal allocated a total share of of 1. Bangladesh. Two years ago. The Krishna Water Disputes Tribunal-II allocated the highest share of Krishna river waters to Andhra Pradesh. and venture capital funds . American and European clearing houses also unwilling to process payments involving the Iranian hydrocarbon sector. 2010. extra-territorial sanctions. India is keen on laying down a rail link to the edge of this Zaranj-Delaram road. Iran asked Indian companies such as ONGC to use the ACU to avoid being targeted by U. The document.S. banks. Private insurer Star Union Dai-ichi Life insurance (SUD Life) on Wednesday said that it had entered into a tie-up with Union Bank of India (UBI) for pan-India distribution of its reverse mortgage loanenabled annuity plan (RMLeA). permitted Karnataka to raise the storage level in the Almatti dam to 524. 30 December 2010 1.

Come June 30. 9.44 per cent. Field trial for a genetically modified (GM) variety of rice in West Bengal has sparked controversy. women working in shops were entitled to get an amount equivalent to 12 weeks wages during maternity leave. Dr. Iran has refused to sell oil under the new rules. Prime Minister Manmohan Singh has offered to appear before the PAC to answer any query on the 2G scam.76-lakh crore. for casual business or to visit friends or relatives. the aerostat carried electro-optic and communication intelligence payloads. meeting more than 12 per cent of its needs. Self-Employed Women's Association (Sewa).S. five-member committee after holding wide-ranging consultations over the past 11 months on the demands for creation of a State of Telangana submitted its report to Union Home Minister P. The TVOA will be allowed for a maximum period of 30 days with single entry facility by immigration officers at Delhi. Srikrishna Committee. 8. imposed sanctions on Iran. The tribunal asked the Centre to set up a `Krishna Water Decision-Implementation Board' with representation from all the three States. Myanmar and Sri Lanka. The government extended tourist visa-on-arrival (TVOA) facility to nationals of Cambodia. Chidambaram.S. which comprised surveillance over Agra and interception of a variety of communications. During the trials. 3. The BJP's position is that we are very clear and firm on the demand for a JPC. dollar or Euro. 4. India is a member of the nine-country ACU and has utilised it extensively to settle gas and oil transactions with Iran. The Reserve Bank of India stopped facilitating payments for crude oil imported from Iran. 10. after Saudi Arabia. 6. the Maldives. Vietnam and the Philippines from January. The TVOA shall be allowed for a maximum of two times in a calendar year to a foreigner with a minimum gap of two months. sanctions list. 11. Such persons can visit India on normal visa. Protest emerged about the decision of the Genetic Engineering Approval Committee (GEAC) to grant permission to the Calcutta University for a field trial of GM rice at the State government's Rice Research Station in Chinsurah in Hooghly district. Until 2008. N. Joshi is looking into the Comptroller and Auditor General of India's report on 2G spectrum allocation that has put “presumptive loss” to the exchequer at over Rs. The TVOA facility shall not be applicable to the holders of Diplomatic or Official Passports.S. Recently. settles trade transactions with Bangladesh. 7. Pakistan. B. India. but after the U. The TVOA shall be non-extendable and non-convertible. Iran. as applicable. PAC head.1. 2. 5. based in Tehran. Further.feet (tmcft) from the dam to Andhra Pradesh in June and July. ACU participants settle transactions in either U. The visa-on-arrival will be provided on payment of a fee of $60 or equivalent amount in rupees per passenger including children. the TVOA shall not be granted to foreigners who have permanent residence or occupation in India. The RBI said companies would be allowed to settle current account and trade transactions with Iran outside the Asian Clearing Union (ACU). Mumbai. Chennai and Kolkata Airports. payments under the ACU were made in dollars. a regional payment arrangement. Euro was adopted. 2011. Government has so far declined to setting up a JPC. The Defence Research and Development Organization (DRDO) has successfully completed the trials of a big aerostat system developed by it. Food inflation surged to a 10-week high of 14. the European Central Bank (ECB) asked the RBI to certify that the Euro being used to import products were not on the U. United Nations Mission in Nepal (Unmin) begins to pack up as its term ends on January 15 Page 10 . Iran is India's second largest crude oil supplier. welcomed the recent initiative of the government to implement scheme. Laos.The ACU. Nepal. Bhutan. The foreigners may also avail the TVOA for upto 30 days for medical treatment. 50 paise will be the minimum coin accepted in the markets as all denominations below it will cease to be legal currency.

The follow-on-public offer (FPO) of ONGC will happen before the end of March 2011. were largely on account of dip in petroleum refinery and cement output. Bobby Jindal. On the other hand. for its revival plan. However it is higher than 5.44 per cent. and the repo and reverse repo rates by 150 and 200 basis points. which have a weightage of 26. domestic LPG and kerosene below their imported cost.68 per cent in the overall industrial output. Crude oil prices are trading at two-year high of $92 a barrel. 000 crore through disinvestment of its stake in public sector units in the current fiscal. petroleum refinery products. 18. oil marketing companies (OMCs) . The Cabinet had on December 1 approved the sale of government's 5 per cent stake in ONGC to raise up to Rs. Mongolia has joined the Regional Integrated Multi-hazard Early Warning System for Africa and Asia (RIMES) to boost protection against natural disasters. 14. 000 crore in 2009-10.48 per cent in November. 15. over the same month last year. Post-offer. coal. the Reserve Bank of India said high rate of price rise had emerged as a new risk factor. ONGC gets international price for the crude oil it produces. respectively.000 crore through bonds from retail investors during the remaining period of 2010-11 and 2011-12. Indian-origin Governor of Louisiana. 200-crore as equity in Air India Limited and directed the management of the public sector carrier to work towards rationalization of its wage structure. The share stake sale 10 per cent share of IOC. 13.14 per cent from 74. The executive committee of the central board of State Bank of India has approved a proposal to raise Rs. key infrastructure sectors dropped to a 21-month low of 2. the RBI has cumulatively raised the cash reserve ratio by 100 basis points. Finance Minister Pranab Mukherjee indicated more steps to check rising prices and pegged the overall inflation rate at 6.25.Indian Oil Corporation. The overall inflation including manufacturing came down to 7. 000 crore. government shareholding in ONGC would come down to 69.5 per cent by this fiscal-end. it said. Bharat Petroleum Corporation and Hindustan Petroleum Corporation were losing over Rs.12. Growth in core sectors — crude oil.6 per cent. including crude oil. Government had earlier released Rs. these sectors had recorded an impressive growth of 8. 16. according to an opinion poll.225 crore a day on selling diesel. gold.3 per cent in November. Cabinet Committee on Economic Affairs (CCEA) has approved the infusion of Rs. Rising crude oil prices and the mounting subsidy burden had made IOC less attractive to investors.5 per cent indicated by Prime Minister Manmohan Singh and 6 per cent projected by the Mid-Year Analysis of the Finance Ministry for the current fiscal. which was previously said to take place in the last week of January 2011.1.2. cement and finished steel.14 per cent. silver and farm goods like cotton have risen sharply. In October. iron ore.40. At present.800 crore in February this year as equity induction in the National Aviation Company of India Limited (NACIL). electricity.000 crore through Tier-II bonds and Rs. Global prices of major commodities. Page 11 . now Air India Limited. according to a press release issued in Ulan Bator on December 30. 17. has been pushed to 2011-12 fiscal.13. is the most popular serving governor in the United States. Attributing high food inflation to demand-supply mismatch and rising global commodity prices. up from around Rs.10. 1 Jan 2011 1. Since October 2009. Finance Minister Pranab Mukherjee hinted more steps to check rising prices even as food inflation surged to a 10-week high of 14. 19. The six infrastructure sectors. The government plans to raise Rs. Government was committed to compensating State-owned oil marketing firms for the revenue loss on account of selling petroleum products at a subsidized price.

India's current account deficit. foreign institutional investors (FIIs) put in $18.3 billion or 18. according to a Labour Bureau release. stood at 2.8 billion in the first-half of the current financial year (2010-11). India's external debt has gone up by 12.15 lakh hectares sown in the corresponding period last year.32 lakh hectares. Kasturirangan. the data showed. with the area under wheat and pulses higher. was shut down permanently at midnight on 31 December as per India's commitment under its civil nuclear deal with the United States. The all-India consumer price index number for industrial workers (base: 2001=100) moves up to 182 during November from 181 in the previous month. Higher capital inflows were due to higher investment in capital markets by foreign funds.8 billion. former ISRO chairman. Kerala IT's Akshaya project has won the Manthan Award South Asia 2010 in the e-governance category. The net outflow of money on current account was. During the July-September quarter. The long-term debt rose by 9. 5. The Preliminary Failure Analysis Team was chaired by the former ISRO Chairman. As Page 12 .8 per cent to $66 billion during AprilSeptember 2010. 4. The area sown under rabi foodgrains this year is so far higher than that of the previous by 31.2.8 billion. However. The area under pulses is also higher at 139. 9. These two Committees have been requested to submit their reports by the end of January 2011. mainly due to increase in overseas borrowings by corporates and appreciation of rupee vis-a-vis other major currencies. The increase in current account deficit (CAD) during the period under review is due to higher imports. 10. This seven-member committee will be headed by K.9 per cent of gross domestic product (GDP) last fiscal. however. Sowing of rabi wheat on 275. G. The share of Government debt in total external debt stood at 24. services. representing net flow of income out of the country barring capital movements.8 billion in the July-September quarter over the same period last year. but coarse cereals lower. INSAT-3D and Chandrayaan-2.03 lakh hectares as against the 129. external commercial borrowings by India Inc and external assistance. Rupee appreciation led to rise in external debt by $6. despite moderation in foreign direct investment (FDI). besides net investment income. 3.81 lakh hectares. a 50-year-old research reactor and India's symbol of the civil and military nuclear programme.8 per cent to $295. The current account deficit. while it was only $7 billion in the same period last fiscal.92 lakh hectares in the corresponding period last year. surged 72 per cent to $15. 8. Union Finance Minister Pranab Mukherjee on Friday chaired the first meeting of the Financial Stability and Development Council (FSDC) formed to sort out inter-regulatory issues.85 lakh hectares has crossed last year's level of 265.8 per cent of the total increase.5 per cent to $229. CIRUS.4 per cent and long-term debt accounted for nearly 80 per cent of the total debt. Madhavan Nair GSLV-F06 failour. current account deficit stood at $9. The Council is also expected to coordinate the country's international interface with financial sector bodies such as the Financial Action Task Force (FATF) and Financial Stability Board (FSB). while the short-term debt increased by 25.5 billion during the period under reference from $7. The area under foodgrains is 507. The Manthan award is one of South Asia's biggest events in information and communications technology for development initiatives. and experts believe that it will increase a bit to 3 per cent of GDP this fiscal. foreign direct investment fell to $2.5 billion in the year-ago period. 7. Finance Secretary and heads of regulators like Securities and Exchange Board of India (SEBI) and Insurance Regulatory and Development Authority (IRDA).2 billion. 6. The ISRO has also constituted a Programme Review and Strategy Committee to look into the future of the GSLV Programme and the launches of the INSAT/GSAT Series. the Reserve Bank of India on Friday directed banks not to invest in non-convertible debenture (NCD) of corporates unless they disclose the purpose for which the funds are being raised. which includes deficit in external trade of goods. FSDC includes Reserve Bank of India Governor.47 lakh hectares as against the 476. In the corresponding period last year. more than offset by inflow on capital account.

6. TRAI guidelines favour severe penalty against defaulting telemarketing companies and operators with financial penalty as high as Rs.73 crore as penalty from new telecom operators who failed to meet their network rollout obligations as per licence conditions. This was in line with a two-decades-old pact prohibiting attacks on atomic assets. 7. New regulations gave customers different options to avoid unsolicited calls by choosing either “fully blocked” or “partially blocked” categories. Dr. 3 January 2011 1. After 19 years. where Gandhi had stayed from 1908 to 1910 as a young lawyer. The first 1. It also recommended a new set of phone numbers starting with ‘70' for telemarketers to help unregistered subscribers identify commercial calls and decide whether to accept or reject such calls. flagged off by Railway Minister Mamata Banerjee in May 2010. The Central government has decided to set up a wagon manufacturing factory at Kazipet (W. including banking and financial products. an exhibition train being run by the Indian Railways to celebrate Nobel laureate Rabindranath Tagore's 150th birth anniversary. It will return to Kolkata in May 2011. entertainment. at the Global Investors Meet (GIM) in June. state-owned Coal India Ltd. TRAI also identified seven categories for telemarketing calls. India has joined the U. and 9 a. 5. where he had lived a century ago.2. The NAC recommended that 75 per cent population be covered under the proposed Bill in two phases. Prime Minister Manmohan Singh then formed an experts group under Prime Minister's Economic Advisory Council Chairman C. attempted to buy it in Page 13 . Portugal. became a non-permanent member of this 15-member body. South Africa and Columbia. Rangarajan to examine the NAC recommendations.) The Department of Telecommunications (DoT) has so far collected Rs.external commercial borrowings among other overseas debts rose. along with Germany. Chidambaram in New Delhi for January 6 to discuss the report of the Srikrishna Committee on the issue of statehood for Telangana. 2 January 2011 1. to convert it into a memorial.B. 2. India. 4. India will make another attempt to acquire the house of Mahatma Gandhi in Johannesburg. India and Pakistan exchanged lists of their nuclear installations and facilities.8 per cent to $295.50-lakh. was on sale.8 billion in the first half of 2010-11. On January 1. It also said no commercial calls could be made between 9 p. marking growing ties between the world's biggest oil producer and its biggest energy consumer. Sanskriti Express. education.m. Rangarajan will soon submit his report to the Prime Minister and is expected to recommend implementation in “do-able'' phases. The Telangana Rashtra Samiti (TRS) and the Bharatiya Janata Party on Sunday decided to boycott a meeting of eight recognised parties called by Union Home Minister P. proposed National Food Security Bill approved by the Empowered Group of Ministers. communication. 3. But later the entire exercise was taken over by the National Advisory Council (NAC) headed by Sonia Gandhi. tourism and leisure. consumer goods. Security Council as a non-permanent member for a twoyear term (2011-12). which was first mooted 2. is likely to fructify after the Bangalore Aero Show in February. 8. India's external debt rose by 12. automobiles.000-km-long oil pipeline between Russia and China became operational. the action was to begin on February 1.N.m. The proposal for a privately promoted aerospace university near Devanahalli. sources in the Government.73. real estate. health. 3. The house. is visiting important cities across India.

Nadu and Kerala and the Union Territory of Puducherry in May. 5. freedom in access to external funding and total autonomy so as to free them from the shackles of governmental control. 5.77. The Turkmenistan-Afghanistan-Pakistan-India (TAPI) pipeline will initially draw gas from the Daulatabad gasfield and convey it to India through Afghanistan and Pakistan. French (Rafale). Government was also planning to set up 14 Innovation Universities. Prime Minister Manmohan Singh presenting the Gold Medal of the General President of the Indian Science Congress Association to Nobel laureate Venkatraman Ramakrishnan at the inauguration of 98th ISC at SRM University. 7. the Fars news agency said. India joined Turkmenistan.8 million tonnes. 8. 6.029. The institutions would set benchmarks in academics comparable to the best in the world with regard to problems of hunger.5 million tonnes. set up in September last year by the Karzai government to hold talks with Taliban-led insurgents in the hope of a negotiated end to the conflict. The Centre has allowed export of 5 lakh tonnes of sugar. India and Pakistan will each get 33 bcm annually. August 2009 but it was snapped up by a French tourism company in an auction for what was believed at the time to be almost twice the asking price of $3.5 per cent by March. Tamil Nadu has the highest number of Micro. 4.S. European consortium EADS (Eurofighter). 7. 4 January 2011 1. Procurement deal of MMRCA (Medium Multi-Role Combat Aircraft) . the National Board of Examinations will be dissolved and its functions taken over by the National Board for Health Education (NBHE) to be set up under the proposed law.400 crore steel plant for producing autograde steel.National Commission for Human Resources for Health (NCHRH) Bill .Six manufacturers — American Boeing (F/A-18) and Lockheed Martin (F-16). The pipeline project has the blessings of the Asian Development Bank and the U. A delegation of Afghanistan's High Council for Peace. It has asked sugar mills to register themselves for seeking the Release Order for exports under Open General Licence (OGL). Tamil 2. Tata Steel plans to ink an agreement with Japan-based Nippon Steel Corporation (NSC) by the end of this month to set up a Rs. and Swedish SAAB (Gripen) — took part in the field trials. 3. water and poverty. Iran's Revolutionary Guards have shot down two “Western spy” drones in the Gulf. Government intend to nurture these select universities like the public sector Navratnas.2010. higher than the internal demand of 23 million tonnes. The delegation will be led by its chairman and former Afghanistan President Burhanuddin Rabbani. Subsequently. 2. Small Enterprises (MSE) clusters in the country. The export has been allowed as sugar production this year is expected to be around 24. The proposed joint venture facility is expected to commence operation in the next two years at the Tata Steel's existing unit in Jamshedpur. through generous financial support.4. informed sources said. According to the final draft of the Bill . The output the previous year was 18. Afghanistan and Pakistan to sign a framework agreement to build a 1. gas may also be sourced from the huge South YolotenOsman field which is still under development. Page 14 . followed by Kerala On December 11.680-km gas pipeline. The Election Commission is likely to hold the Assembly elections in Assam. The Centre is hopeful that food inflation will come down to 6. The Centre is working on the concept of having ‘Navratna' universities. 6. will visit Pakistan this week. West Bengal. Russian (MiG-35). Kattankulathur near Chennai.

6. V. Use of energy-saving CFL and LED lights.5 per cent during November 2010 at $18.374 MW of power generation capacity and projects for creating a capacity of 66. Oil and Natural Gas Corporation (ONGC) and GAIL India (GAIL) announced that they had reached a landmark agreement to ensure mutual business growth in the areas of natural gas as well as petrochemicals. The current Plan is expected to see the addition of 62. said. chocolate products. 2010. 11. the train. Amartya Sen. 10. is the chairman of the Interim Governing Board of Nalanda University. has acquired 26 per cent stake in Indian Commodity Exchange Limited (ICEX) from Indiabulls Financial Services Limited. With exports registering a healthy growth of 26. It was being re-established through an Asian initiative. Singapore. Reliance Exchangenext Limited (RNext). candies. 4. 5.S. a part of the Reliance Anil Dhirubhai Ambani Group. Salman Taseer. he said. a deadly chemical.K. The private sector was poised to have a majority share of the sector — at least 52 per cent (against 32 per cent) by the next Plan period beginning April 2012.000 MW are now under implementation. Milk and milk products from China have been prohibited since September 2008. After TRS and BJP. The items that come under the ban include chocolate. 3. MBT (Main Battle Tank) Arjun and Light Combat Aircraft (LCA) Tejas indigenously developed 7. 8. 5 January 2011 1. which will process the payments made for Iranian crude by Indian companies. Saraswat. Governor of Pakistan's Punjab province. by one of his own security guards. was launched at the West Bengal capital on August 26. Nalanda University (which existed in Bihar during the early fifth century) was “violently destroyed” in an Afghan attack led by Bakhtiyar Khilji in 1193. Oil companies such as Mangalore Refinery and Page 15 . Union Minister of Power Sushil Kumar Shinde said. India announced an extension of the ban on milk and milk products from China for another year.8. This train seeks to provide insight into the life and service of Mother Teresa. the recipient of the 1998 Nobel Prize in Economics and Professor of Economics and Philosophy at Harvard University in the U. DRDO Director-General and Defence Research and Development Department Secretary. Iran's national oil company National Iranian Oil Company (NIOC) has a Euro account in Europäisch-Iranische Handelsbank AG (EIH Bank) in Hamburg. It was over fears of Chinese milk containing melamine. Chidambaram to discuss Srikrishna Committee report in New Delhi on January 6. public sector undertakings in the Andhra Pradesh as part of energy conservation policy. 9. involving India. India and Iran agreed on a “formula” for making payments for oil through a Hamburg-based German bank. T5 tubelights and labelled equipment of three stars and above has been made mandatory for government departments. a subsidiary of Reliance Capital. which celebrates the birth centenary of Nobel laureate is on a nationwide tour. CBI reiterated its stand to close the Bofors case in “public interest. was gunned down. The Defence Research and Development Organisation (DRDO) has decided to set up a research and innovation centre in the Research Park of the Indian Institute of Technology (IIT)-Madras. quasi-government organisations. the Commerce Ministry officials were confident that the overall exports would easily breach the $200 billion target set for this fiscal. Japan and Thailand.8 billion. 9. 2. Telugu Desam too may stay away from the all-party meeting called by Union Home Minister P. China. The Minister said that the share had increased to 32 per cent now from less than 10 per cent in the X Plan and was set to be over 52 per cent in the next Plan period. confectioneries and food preparations that use milk as an ingredient. 10.

N. in an apparent attempt to split the six powers ahead of planned talks on Iran's nuclear programme this month. The Supreme Court refused to stay the fund raising exercise of two Sahara group firms as sought by the Securities and Exchange Board of India.Petrochemicals Limited. Grooved Razor fish and Frog crab. Three unique marine organisms. Jammu and Kashmir Chief Minister Omar Abdullah clarified that there would be no rotation of Chief Ministership between the National Conference and the Congress. 13. Genetic Engineering Appraisal Committee gives approval for trial. Deep Sea Smoky Batfish. (Degree of Doctor of Letters) by Shreemati Nathibai Damodar Thackersey (SNDT) Women's University. Litt. Disputes between students and institutions.20. 4.000 crore each from the market through optionally fully convertible debentures (OFCDs). Two Sahara group companies — Sahara India Real Estate Corporation and Sahara Housing Investment Corporation — are planning to raise Rs. 14. Iran has invited world powers and its allies in the Arab and developing world — but apparently not United States and the other Western powers in the group. France. was awarded an honorary D. Foreign Contribution (Regulation) Act (FCRA) 1976. From January 7 to 10 Bangalore will host World Sanskrit Book Fair-2011 -. Uninor. and teachers and government institutions can now be settled without much hassle as the government is planning to set up a tribunal bringing all disputes at the higher education level under one authority for speedy solution. 9. Page 16 . five-member panel. The Justice B. Meira Kumar.N. Securities and Exchange Board of India (SEBI) officials questioned Citibank's Relationship Manager Shivraj Puri and Hero Corporate Service's former Associate Vice-President (Accounts) Sanjay Gupta in connection with the Rs. the top oil exporter. Srikrishna Committee. 11. The 14-day ‘Rastriya Ekta Yatra' will begin on January 12 (birth anniversary of Swami Vivekananda) from Kolkata to Lal Chowk in Srinagar birthplace of Shyama Prasad Mukherjee on Republic Day. The GM rubber plants incorporate the target gene (MnSOD) from rubber itself and not from any other species. the first woman Lok Sabha Speaker. a joint venture between Unitech and Norway's Telenor. 12. Field trials of Genetically Modified (GM) rubber will be held in the Rubber Research Institute of India in Kerala and Maharashtra for around 14 years. but allowed the market regulator to seek information on investors' details from the companies. 6. 6 January 2011 1. 5. 16.being organised for the first time in 300 years. 7. 8. Britain. Russia and China) plus Germany. whose Frankfurt branch will transfer the money to NIOC's EIH Bank account. Indian Oil and Essar Oil will make payments to the State Bank of India. have been re-recorded from Indian waters after a gap of over a century by research vessel ‘Sagar Sampda' in the Bay of Bengal . moved the Telecom Disputes Settlement and Appellate Tribunal (TDSAT) against the Department of Telecommunication (DoT) seeking damages from the company for not meeting its roll-out obligations. Arab News reported. government may take a decision. South Sudan just five days away it votes in a referendum on independence. The “5+1” countries are the six world powers negotiating with Iran over its nuclear programme — the five permanent U. 300-crore fraud case in the Gurgaon branch of the bank. 15. 3. Saudi Arabia. where the BJP has announced that it would hoist the national flag. Security Council members (the United States. is planning to host the world's largest gold factory located in city of Jeddah by the end of 2011. Facilities to be visited include the nuclear enrichment facility at Natanz and the Arak site where Tehran is building a plutonium-producing heavy water reactor. has offered 6 options on which the 2.

18. with Hyderabad being an integral part of Rayala-Telangana. The government had approved the project. 2. The Srikrishna Committee has favoured maintaining the status quo of a united Andhra Pradesh and described the demand for a Telangana State as the “second best option. 100 as on April 1. Initially. and Norway. FedEx Express.S. The Western Ghats Task Force has urged Chief Minister B. It would especially be useful in aircraft landing. Apollo Hospitals will be investing nearly Rs. ISRO's GPS-Aided Geo Augmented Navigation (GAGAN) project was being implemented for the benefit of civil aviation. 16. China National Offshore Oil Corp (CNOOC) announced that its oil and natural gas output surpassed 60 million metric tonnes in 2010. (II) bifurcation of the State into Seemandhra and Telangana. an organochlorine pesticide. At present. and (VI) keeping the State united by simultaneously providing certain definite constitutional/statutory measures for socio-economic development and political empowerment of the Telangana region — creation of a statutorily empowered Telangana Regional Council. (IV) bifurcation of Andhra Pradesh into Seemandhra and Telangana. Gujjars. (V) bifurcation of the State into Telangana and Seemandhra as per the existing boundaries. Global Positioning System (GPS) and the Russian Global Navigation Satellite System (GLONASS). 11. Yeddyurappa to restrict the use of endosulfan. Prime Minister has turned down the proposal of National Advisory Council chairperson Sonia Gandhi to pay MNREGA workers the minimum wages statutorily notified by different States. 2011. 7 January 2011 1. with an enlarged Hyderabad metropolis as a separate Union Territory. The World Bank has issued its first yuan-denominated bond to raise 500 million yuan ($76 million) from the two-year bond issue on the Hong Kong's yuan-denominated bond market. with Hyderabad as a Union Territory. The budgetary pronouncement of a real wage of Rs. with Hyderabad serving as the capital of Telangana. the United Kingdom.S. and Seemandhra having a new capital. who have been on stir demanding 5 per cent reservation for them and three other Special Backward Classes (SBCs) in jobs and education. 17.000 crore to set up 12 new hospitals in small towns across the country in the next two years. a subsidiary of world's largest express cargo company FedEx Corp. the system would have seven satellites and then 11.10.He has offered to link the wage rate with the Consumer Price Index for Agricultural Labour (CPIAL) and implement it with effect from January 1. 15.1. Over five crore Mahatma Gandhi NREGA workers across the country will enjoy a 17 to 30 per cent rise in wages with their wage rate being linked with the Consumer Price Index for Agricultural Labour(CPIAL) with immediate effect. 127 agro-climatic zones had been identified in the country based on the cropping and weather factors. 2009 has now been linked with the CPIAL. The Galileo of Europe and China's COMPASS (Beidou) are likely to start working in five to 10 years. 12. The Indian Space Research Organisation (ISRO) plans to implement the Indian Regional Navigation Satellite System (IRNSS) to provide India and neighbouring countries with the Position Navigation and Timing (PNT) service. two space navigation systems operate in the world — the U. Page 17 . announced the launch of its direct services from India to China. which would be implemented in the next few years. called off their 17-day-old agitation 14. China has become one of the world's largest offshore oil producers after the United States. and the two States developing their own capitals in due course. used as an aerial spray in cashew plantations. 13. (III) bifurcation of the State into the Rayala-Telangana and coastal Andhra regions. The revision of wages will be made annually. giving a further boost to trade ties between the two countries.” report lists six options — (I) maintaining the status quo.

get information from the the concerned swiftly and enable auditing of all institutions involved in spending government funds. 11. The Supreme Court on Thursday upheld the judgment of the Kerala High Court prohibiting public meetings by the roadsides in the State.000 MW. 3. a 17-30 per cent increase is allowed for in NREGA wages. the deficit has been financed mainly by foreign direct investment and equity inflows.75 per cent in 201011 with a moderation to about 8 per cent during the next fiscal. The Supreme Court asked Solicitor-General Gopal Subramaniam to seek instructions from the Centre whether the new pictorial warnings on tobacco products would be brought into effect from June 1. While so far. Pakistan deciding to ban its onion export to India through the Wagah border. Auditing of public-private partnerships had already been taken up.3 per cent of GDP in 201011 and rise to 3. Food inflation zoomed to almost a year's high at 18.for five years. In a New Year bonanza for its grade-four employees. said Foreign Ministry spokesman Hong Lei. which was slashed to about 62. 12. 14. 7. International Monetary Fund (IMF) is Projecting India's economy to grow by 8. 8. 15. The solar power purchase obligation for States may start with 0.5 per cent next year.500 crore during the last quarter of the current fiscal. The new Act would be made in the budget session of Parliament. 5. a move that can potentially halt import of oil from Iran. The IMF has estimated India's current account deficit (CAD) to touch 3. as per the December 20.000 MW. the power purchased by State electricity boards or other state utilities will be complemented by solar-specific Renewable Energy Certificate (REC) mechanism through which solar power generation companies will sell certificates to the buyers. China will always honour its promise not to launch a nuclear first-strike. 8 January 2011 1. on the base wage of Rs. 4. In the current XI Plan. It had already sought repeal of the 1971 Audit Act. 2011. 2009. 3. Union Cabinet approved an amended Power Tariff Policy.32 per cent for the week ended December 25. 13. 6. the Railways has extended them the facility of travelling with their families in AC-3 once a year. the government had targeted generation of 78. NTPC is conducting a feasibility study in Maldives to explore the potential of the island nation for setting up solar power projects. owing to a spurt in the prices of vegetables. 100. As of now. As per the amendment. onions and milk. differing from State to State. The CAG had for the first time taken up a social audit on water pollution with the help of social group Pan India and the report on it was expected to come in six months. The base wage will be revised only in 2014.25 per cent in Phase-I (by 2013) and go up to 3 per cent by 2022. This will entail an additional burden of Rs. 2010. which was approved by the Cabinet on November 19. Indian Bank has been conferred with the Skoch Financial Inclusion Award 2011 for “SHG Initiatives – Urban Financial Inclusion” Indian Bank has set up 32 exclusive Micro Finance Branches for financing SHGs. The present amendment in the Tariff Policy is as per the National Solar Mission Strategy. 9. The Government also approved setting a power generation capacity target of one-lakh MW for the XII Plan. The new Act would help avoid delays in audits. which mandates States to have solar energy as 3 per cent of their total power purchases by 2022. 10. 2010 notification. The State Bank of India refused to facilitate payments through an alternate temporary channel. Page 18 .

9 January 2011 1. As for the ‘general' or APL population. The Prime Minister also announced the extension of the Indian Community Welfare Fund to all Indian Missions from the present 42. wheat and rice.7 per cent in urban areas. The new DPP includes training services or equipment like simulators that were not part of the previous DPP. A crack in a pipeline of the Indian Oil Corporation has caused the death of hundreds of fishes in nearby water bodies. The panel has suggested that the subsidised grain for the poor be linked to inflation and indexed to the Consumer Price Index in the coming years. 7. 300 crore to invest 30 per cent of the estimated cost in indigenous defence industries. favours mandatory entitlement of subsidised foodgrains to the ‘priority' category (Below the Poverty Line) as recommended by the National Advisory Council (NAC). The Defence Procurement Procedure (DPP) has an inbuilt offset clause that requires the manufacturers in the category of ‘Buy' and ‘Make and Buy” for acquisitions over and above Rs.300crore specialty steel-making line having a capacity of six lakh tonnes annually at Jamshedpur to cater to the domestic auto sector. 8. This means the rate at which 35 kg of wheat (at Rs.Dr.5 km from company's storage point at Paradip. and added 10 per cent to it to cover those living on the “margins” to arrive at a figure that matches the ‘priority' number suggested by the NAC.5 billion in the first three quarters of this fiscal. Prime minister has commissioned the country's third power reactor spent fuel reprocessing plant at the Bhabha Atomic Research Centre (BARC) at Tarapur. But the Group does not think that it is feasible to extend to the ‘general' category (Above the Poverty Line) legal entitlement of subsidised foodgrains under the Public Distribution System (PDS). The Bombay High Court gave an extension of one week to the Ministry of Environment and Forests (MoEF) to pass its final order on whether the planned hill-city Lavasa near Pune has violated any environmental regulations. 2 a kg) and rice (Rs. Tata Steel said it has inked a joint venture agreement with Nippon Steel for setting up a Rs. The Centre has constituted a Group of Ministers to examine the issue of paid news and suggest 3.8 per cent in rural areas and 25. The project is expected to be operational in three years time. Prime Minister Manmohan Singh announced the merging of the Overseas Citizen of India (OCI) and the People of Indian Origin (PIO) cards to facilitate visa-free travel to India during inaugurating the Ninth Pravasi Bharatiya Diwas 2011 in Delhi. 3 a kg) is given per month to a poor household will be revised at a later date. 6. 2. The change is significant as the country is going in for large-scale acquisition. 5. The Experts Group chaired by the Prime Minister's Economic Advisory Council Chairman. including the 126 Medium Multi Role Combat Aircraft. remedial measures. about 100 km from Mumbai. 9.2. Environment Minister Jairam Ramesh proposes to issue a River Regulation Zone notification to protect riverbeds from such harmful constructions in the future. Rangarajan. The gems and jewellery exports posted 39 per cent growth at around $23. NAC recommended that 44 per cent ‘general' category people (APL) in rural areas and 22 per cent in urban areas be covered under the Act with a monthly entitlement of 20 kg at a price not exceeding 50 per cent of the current minimum support price for millets. in which simulators are an important component. 4. Prime Minister pointed out that besides the signing of Social Security Agreements with 12 countries Page 19 . has suggested that cheap foodgrains be supplied to this category “as and when” available after meeting the requirements of the entitled ‘priority' category (BPL) and only at the minimum support price. in a major watering down of NAC recommendations. C. the panel.2. Government would soon give effect to a law that allowed Non-Resident Indians (NRIs) to register themselves as voters. Rangarajan has gone with the Tendulkar Committee's estimate of the poor at 41. about 1.

9. Fourteen overseas Indians.1 billion.S.3crore people live in the slums. Lakshya. Britain. and the tactical missiles such as BrahMos (all three version). Export figures were also attributed to diversification of India's export markets.6 billion. 10 January 2011 1. Akash (surface-to-air missile) and Nag (anti tank missile). India's exports in December 2010 went up by an impressive 36. markets have been doing pretty good…even EU markets are good. The Sudanese vote on Sunday to decide on independence for its southern regions Iran's talks to ease tensions over its nuclear programme with six world powers ( United States. Nagan and Ushu. Agni-II (surface-to-surface missile) and Agni-I (surface-to-surface missile).000 crore :a. 3.3. has already sanctioned $7. and finalisation of Labour Mobility Partnerships with two others. Development Organisation (DRDO) is estimated around Rs. e. lowest in the last 14 months. highest in 33 months. the lowest in three years. LCA Tejas.5-billion under the Kerry-Lugar bill and a recent announcement of over $2 billion to be directly given to the Pakistani army. These sonars have been named Humsa. 5. Indra and Rajendra radars. Urbanisation in the country will grow to 40 per cent by 2030 and 50 per cent by 2040. The U. 4. During AprilDecember 2010-11. another Arjun-Mark II. This led to a narrow trade deficit of $2. The production value in the last seven years for the products developed by the Defence Research and 2. Imports too rose by 19 per cent to $247. b. U. 8. merchandise export grew by 29. India has a high MMR (Maternal Mortality Rate) of 254 per 1. are under production. which are under production.S. The Central Information Commission (CIC) president Satyananda Mishra. the government was negotiating a generic arrangement with the European Union. c. . State Bank of India on is ready to facilitate payments for Iranian crude oil but is awaiting notification of a bank that is not under the U. sanctions which can receive payments. including New Zealand Governor-General Anand Satyanand. include the strategic missiles Prithvi (surface-to-surface missile). A variety of sonars used by the Navy in its vessels. unmanned aerial vehicle Nishant and the pilotless target aircraft. Good exports figures may now help India surpass exports target of $200 billion in 2010-11 and reaching $215-225 billion. 6. from the 28 per cent at present.1 per cent to $25. while imports contracted by 11.1 billion. India had higher MMR than Bangladesh and other neighbouring countries with as many as 200 women dying every day due to pregnancy-related problems. India has pledged $1.5 per cent to $164.7 billion. The overall trade gap may not be more than $120 billion for this year against earlier apprehensions of $130-135 billion. Approximately 9.S. America was still on course to begin troop withdrawal from Afghanistan as soon as July 2011 and continued to move towards the goal of having Afghans take the lead in security in the country in 2014. The trade deficit during the first nine months stood at $82.000 live births.5 billion.00.4 per cent to $22.100. received this year's Pravasi Bharatiya Samman for contributions to their countries of domicile and enhancing Page 20 . 5. Russia.A.4 billion.3 billion to the reconstruction projects in Afghanistan. 10th national convention of the National Real Estate Development Council (NAREDCO) in Delhi Centre was in the process of setting up a mortgage guarantee fund which would cover the risk of home loans given to the poor by banks and housing finance companies (HFCs). 7. 4. The DRDO-developed missiles. China. Arjun-Mark I main battle tanks. France and Germany) are expected to commence in Istanbul on January 21. d.

who heads the Prime Minister's Economic Advisory Council. Rs. 1 a kg for millets. priority households (46 per cent in rural areas and 28 per cent in urban areas) should be entitled to 35 kg (equivalent to 7 kg per person) every month at a subsidised price of Re. maternity entitlements and destitute feeding. the NAC had said. pushing up prices. been elected president of the Indian National Academy of Engineering (INAE). with rural coverage adjusted State-wise based on the Planning Commission's 2004-05 poverty estimates. wheat and rice. Rs. the Rangarajan Committee has totally ignored the NAC's recommendations on non-PDS entitlements such as child nutrition programmes.V. Although the NRI investment in the country was not huge. 3.” Instead. Lata Pada (Canada). 2 a kg) and rice (Rs. Director of the Indira Gandhi Centre for Atomic Research (IGCAR) in Kalpakkam has 2. The other awardees are: Professor Veena Harbhagwan Sahajwalla (Australia). Agricultural scientist K. This means the rate at which 35 kg of wheat (at Rs.India's image globally. Mohiaddin Syed Karimuddin (Saudi Arabia). paving the way for its formal induction into the Indian Air Force.). Harindrapal Singh Banga (Hong Kong-China). it said it was not feasible to extend to the ‘general' category legal entitlement of subsidised foodgrains under the Public Distribution System. should be entitled to 20 kg (equivalent to 4 kg per person) every month at a price not exceeding 50 per cent of the existing Minimum Support Price for millets.K.S. 11 January 2011 1. Rangarajan. Saleh Wahid from (Netherlands). In LCA project. The Rangarajan Committee rejected the NAC proposals on the grounds that raising procurement levels further would “lead to a lower availability of foodgrains for the open market. Mohan Jashanmal (United Arab Emirates). while favouring mandatory entitlement of subsidised foodgrains to the ‘priority' category as recommended by the NAC.). 6.3 for rice.25. India received $46. technology and development. India's ambitious Light Combat Aircraft (LCA) “Tejas” will get the Initial Operational Clearance (IOC).9 billion as remittances during 2008-09. Tan Sri Dato Ajit Singh (Malaysia). The NAC suggested that legal entitlements to subsidised foodgrains be extended to at least 75 per cent of the population — 90 per cent in rural areas and 50 per cent in urban areas. The first of two IOCconfigured ‘Tejas' will be handed over to the IAF by March this year.” India's first indigenously designed and developed Light Combat Aircraft (LCA) ‘Tejas' gets Initial Operational Clearance (IOC). the remittances from workers were significant. Baroness Sandip Verma (U. The Sonia Gandhi-headed National Advisory Council (NAC) has decided to stick to its recommendations made on the draft National Food Security Bill. India is planning to double the investment in infrastructure to $1 trillion in the 12th Five Year Plan (2012-17) against $500 billion in the current Plan. Additionally. Raman has been awarded the prestigious Bharat Jyoti Award of the India International Friendship Society for his contributions to science. 2 for wheat and Rs. The panel also suggested that the subsidised grain for the poor be linked to inflation and indexed to the Consumer Price Index in the coming years. Mohammad Munir Nazir Hassan Ansari (Israel). Upjit Singh Sachdeva (Liberia). and Ashook Kumar Ramsaran and Rajiv Shah (U. 7. 5. The general households (44 per cent in rural areas and 22 per cent in urban areas).000 crore sanctioned for developing the Mark II and Naval variant. Baldev Raj. 3 a kg) is given per month to a poor household will be revised at a later date. 4. Mano Selvanathan (Sri Lanka). while another two will be Page 21 . 6. Further. intended to address India's massive “nutritional deficiencies. The committee was constituted by Prime Minister Manmohan Singh to examine the feasibility of the NAC's recommendations. Though these have been rejected by a government committee led by C. It was estimated that the country needed 200 Tejas aircraft.

7.Bangalore. Food inflation that soared to 18. 11. 10. 660 crore over the next five years to enable expansion of the sample size of the Television Rating Points (TRP) system used to measure the popularity of television programmes. First World Sanskrit Book Fair . Gumti and Muhuri. Discussions included formulation of a working plan on the sharing of the waters of five other common rivers — Dharla. Vietnam. to 30.S. This was needed to expand the sample size from 8.S. S. Khowai.O. meeting on greenhouse gases being held in Italy from January 18 to 21 in which representatives from 127 countries will deliberate on the new international standard on carbon foot printing and water foot printing. 9. India has voluntarily sought a comprehensive financial sector assessment programme (FSAP) by the International Monetary Fund and the World Bank as the country has been found to be compliant with internationally-accepted financial standards. K. women appeared in a U. Mr. Mitra's committee has recommended that the Broadcast Audience Research Council (BARC) be revamped and made functional with a wider scope and membership. water-foot printing and sustainable development. De-recognition of 44 deemed universities . Dr.given towards the end of the year. fruits. New Delhi and Dhaka have agreed to sign a 15-year interim accord on sharing the waters of common rivers Teesta and Feni. Page 22 . Indian Railways has joined hands with Rashtriya Ispat Nigam Limited (RINL) to set up a new rail axle manufacturing factory (Rs. the northeast and Jammu and Kashmir. Sharma has been invited to a meeting of experts from 25 countries being held in Hanoi. 6. WikiLeaks founder Julian Assange.K. according to a report (Amit Mitra committee) submitted to Information and Broadcasting Minister Ambika Soni. The one year programme is being introduced in Tamil Nadu from January as a pilot project through Short Message Service (SMS). The agreement is expected to be signed during Prime Minister Manmohan Singh's visit to Dhaka this year.32 per cent for the week ended December 25 due to zooming prices of onion. The Telecom Regulatory Authority of India (TRAI) had earlier suggested that an industry-led body with government oversight called the Broadcast Audience Research Council be set up to self-regulate TRPs rather than leave it to the rating agencies.000 homes. The National Bank for Agriculture and Rural Development (NABARD) has entered into a tie-up with the international news agency Thompson Reuters' Indian subsidiary to provide market information to farmers. 5. on January 13 and 14 to discuss road map problems and recent developments in carbonfoot printing.Tandon committee. Dudhkumar. 12 January 2011 1. .' arms sales to Taiwan last year were points of disagreement. court. It also emphasised that the survey sample be made more representative by including households in rural areas. Broadcasters and advertisers have to shell out Rs. This was decided at a Secretary-level meeting of the Indo-Bangladesh Joint River Commission (JRC). He will also lead the Indian delegation to the I. Now.300-crore project) in New Jalpaiguri in West Bengal. which are currently excluded from the system used by the two private rating agencies that determine much of the content of Indian television. 4. United States Defence Secretary Robert Gates and Chinese Minister of National Defence General Liang Guanglie suggested that they had reached a broad agreement on the need for stronger bilateral military ties. These will be part of the consignment of 20 aircraft that the IAF ordered. Union Finance Minister Pranab Mukherjee said. vegetables. at present. Manu.000 homes. The rest will be delivered progressively till the end of 2013. Yet they respectively hinted that the China's development of a stealth aircraft and the U. 2. 8. eggs and milk. wanted in Sweden over claims that he sexually assaulted two 3.

000 poor people living in India.000 sq km more from Tajikistan which agreed to cede a territory under a 130-yearold dispute. Business correspondents are persons who. no-frill carrier IndiGo will acquire 180 A-320 aircraft worth an estimated $15. according to the National Crime Records Bureau's latest report. Russia and the United States have enacted a historic nuclear cooperation pact that will enable the two countries to collaborate in atomic technologies for the first time in the history of their relations. As a part of the plan. Central Brisbane (Australia) affected by flood. the Dorset model village that has been Prince Charles' 30-year pet project. inspired by the one he saw in the Oscar-winning movie Slumdog Millionaire. 5. Their key role is to accept deposits and remit money. which has not built a single nuclear reactor in the past 30 years. Seeking to amicably resolve the oil payment crisis that threatens to disrupt crude oil supplies to India from Iran. It will engage Airtel's retailers as customer service points (CSPs) across the country in a phased manner. 11. The deal would allow Russia to store and reprocess U. 13 January 2011 1. The National Multi Commodity Exchange of India (NMCE) has achieved its highest turnover since the launch of the contract.283 crore turnover on January 6. 4. schools. Page 23 .7. World Bank President Robert B. More married persons than unmarried ones committed suicide in the country in 2009 (70.S. an Indian delegation will leave for Tehran on January 14 in a bid to settle the currency payment issue pertaining to purchase of oil.000 homes will be built.6 billion from the European manufacturer Airbus. The Daily Mail reported. 10. a programme under the Ministry of New and Renewable Energy and Ministry of Power.. The two countries are also set to breach the $10 billion two-way trade target by next month. 7. China will get 1. The gender ratio in suicides stood at 64:36.100 crore) will become the business correspondent of SBI and offer banking products and services at affordable cost to the citizens. 23 months ahead of schedule. 8.S access to state-of-the-art Russian nuclear technologies. is especially interested in fast-neutron reactors. as well as in recycling nuclear fuel. logging Rs. India and South Africa have decided to set a target of achieving $15 billion bilateral trade by 2015. shops and 3. Zoellick signed a $220-million agreement with the Bihar 2. In the newly formed joint venture company. 6. This project is being set up as part of the Jawaharlal Nehru National Solar Mission. 8. In the single largest aircraft deal in the global aviation history. Experts said the U. State Bank of India (SBI) and Bharti Airtel decided to join hands to form a joint venture to make available banking services to the uncovered population of the country.4 per cent were married and 21. The Indian government will despatch relief material for the flood-affected people of Sri Lanka.S. the statistic also shows that more men took the extreme step than women in this period. spent fuel and would give the U. SBI will hold 51 per cent stake and Bharti Airtel the balance. would facilitate in banking transactions. The joint venture (Rs. 9. besides helping rural people to open bank accounts. 3. Prince Charles plans to turn a 25 acre expanse of Indian wasteland on the outskirts of either Calcutta or Bangalore into a ‘mini oasis in the desert' and the development will be modelled on Poundbury. 9 per cent unmarried). Punj Lloyd announced that it had signed a 25-year power purchase agreement (PPP) with NTPCowned Vidyut Vyapar Nigam for sale of power from a 5-MW solar power plant to be built in Rajasthan. The Prince of Wales is planning to build a shanty town for 15. government for the Kosi Recovery Project to rebuild areas affected by the 2008 floods.

and the introduction of Bachelor of Rural Health Care courses were among the major decisions taken at the three-day national conference of the State Health Ministers Page 24 . had recommended 75 per cent coverage of the population in two phases. 3 a kg or wheat at Rs. Ahead of the state visit of Chinese President Hu Jintao to the U. but has rejected the National Advisory Council's recommendation that above the poverty line (APL) households be partially covered. The NAC.N. Rangarajan Committee on the proposed food security bill favours legal entitlement of subsidised foodgrains to the poor (below the poverty line). The C. hypertension and non-communicable diseases.S. The Rangarajan Committee.. Screening of pregnant women and all individuals above the age of 30 for diabetes. 14 January 2011 1. suggested that 46 per cent of the rural population and 28 per cent of the urban population be entitled to 35 kg of rice at Rs. 10. The Chinese Embassy here made it clear that it would not issue visa to any official from Arunachal Pradesh. 2. 3. and the price at which wheat and rice was to be made available to the non-poor (APL) might be linked to the minimum support price (MSP). The Union Government permitted carriage of video calls on 3G mobile networks subject to an undertaking by the operators that they would provide interception capability by July 31. with 90 per cent rural and 50 per cent urban population included. headed by Congress president Sonia Gandhi. As a Registrar. IDBI Bank has become a Registrar for Unique Identification Authority of India (UIDAI). Raman has been appointed as the President of South Asian Federation of Accountants (SAFA). A. China has launched yuan trading in New York as part of efforts to make its currency ‘fully convertible' and a global competitor to the dollar. 2 a kg per household a month. which China claims is part of its territory. the bank will enroll residents in the UID Project and assist the Authority in the various stages. Prime Minister Manmohan Singh set up an inter-ministerial group under the Chief Economic Adviser to the Finance Ministry to review the inflation situation with particular reference to primary food articles. The committee said the price of subsidised foodgrains for the poor (BPL) might be linked to inflation and indexed to the Consumer Price Index in the coming years. 4. however.9. 11. 5. and will continue to issue stapled visas to nonofficials from that State. saying it is not feasible at the current levels of grain production and procurement. 12.

Indian-American Namrata “Nikki” Randhawa Haley sworn in as the first woman and non-white Governor of South Carolina. China has emerged as the third nation developing the fifth-generation fighter plane after the U. The Gulf nation has also shown interest in cooperation in the area of banking supervision and exchange of information to combat money laundering and terror financing. The conference. 8. India Meteorological Department has declared that 2010 was the warmest year since 1901. As part of the confidence building measures concerning Jammu and Kashmir. 4. India joined the project only last month when the two sides signed a contract for the preliminary design of the fifth-generation fighter aircraft Page 25 .N. the old process was abandoned and a new one would be initiated. the Nepal government and the Unified Communist Party of Nepal (Maoist) finally inked a deal on alternative mechanisms to take over UNMIN's responsibilities.740 villages — 760 in Andhra Pradesh and 980 in Orissa — within five km of the coastline. The Russian prototype. 5. Pillai said it was planned to unilaterally issue six-month multiple entry permits for the people of Pakistan occupied Kashmir (PoK) wanting to visit Jammu and Kashmir through the Line of Control (LoC). Poudel from the deadlocked race. is slated to begin with Andhra Pradesh and Orissa. China and the nonaligned group to visit its nuclear sites at Natanz and Arak. an early warning system would be installed in 1. The Chinese prototype of a fifth-generation aircraft is J-20. 7. K. and Russia. and improve their access to emergency shelters. said it was contemplating a cut of nearly 25 per cent of the security forces in the State.6. which concluded in Hyderabad. Tehran invited diplomats accredited to IAEA from Russia. 3. so that a consensus was reached soon. also came out with several initiatives to bring down Maternal and Infant Mortality Rates (MMR and IMR). 9. The Supreme Court asked the Centre to consider revealing the names of those who have deposited their black money in the Liechtenstein Bank in Germany now that the German government had furnished the details. which would ultimately cover all the vulnerable areas along the eastern and western coasts of the country. The programme. The actions to reduce MMR and IMR include ensuring one doctor and nurse at each primary health centre as a mandatory requirement by March 31. The first consignment of about 200 tonnes of onion imported by the government from Pakistan landed at the Mundra port in Gujarat. and Health Secretaries.C. After 16 rounds of trying to elect a new Prime Minister in Nepal. 7. 2012. India and World Bank signed an agreement through which the latter will provide a credit of $255 million for the first phase of the national programme to mitigate the impact of cyclones. boost the ability of the communities there to respond to disaster. In the first phase. Nepal set up a five-member panel to amend the rules for the election of a Prime Minister. Home Secretary G. flag to signify the closure of the mission. Qatar agreed to increase supply of liquefied natural gas (LNG) to meet India's requirements and also facilitate participation of Indian companies in the oil and gas sector. made its first flight a year ago. 9. It will also seek to strengthen the disaster risk management capability at Central. On the day the United Nations Mission in Nepal (UNMIN) lowered the U. following the withdrawal of Nepali Congress candidate R. among other things. chaired by Union Minister for Health and Family Welfare Ghulam Nabi Azad. 8. the Union government 2. Pope John Paul II to be beatified on May 1. 6. It will upgrad the early warning and communication systems in the coastal areas. It will be ready by 2020. T-50. 15 January 2011 1. State and local levels.S.

with the last being held in January 2009. Hailing Asia as the future centre of growth of nuclear power. Since 2003. Switzerland. 2.54 per litre. out of a total of 5.to be called Perspective Multi-role Fighter (PMF). Inflation surged to 8. Swapnesh Kumar Malhotra received the Indian Nuclear Society's Science Communication Award for 2009. The net aid commitment for these projects was about $21. the World Bank group had 75 active projects in the country. Anil Kakodkar. against the backdrop of rising crude oil prices. The PMF planes are expected to start rolling out around 2017. India. mainly driven by the runaway increase in food prices. 2010) amounted to $9. 2009 to June 30. 3. Fifth edition of the “Vibrant Gujarat Global Investors' Summit” concluded in Gandhi nagar. will be part of a nine-member party delegation led by president Nitin Gadkari that will visit China from January 20 on an invitation from the Central Committee of the Communist Party of China. New Zealand. 18 January 2011 1. both navies have regularly conducted joint exercises named ‘INDRA. off Goa.2. Dr. Russia. The DoT is now planning a crackdown on over one lakh towers that have failed to self-certify towers on radiation levels. Japan and Republic of Korea were the countries fuelling the growth of nuclear power in Asia. India will contribute about 30 per cent of the plane's total design by providing composite material components. former Chairman of Atomic Energy Commission was awarded the Indian Nuclear Society's Homi Bhabha Lifetime Achievement Award for the year 2009.5 lakh. 10. 2010. 2. The Union government is working out a formula for ensuring national minority status for the Jain community. Laxman. K.48 per cent in the previous month. As of June 30. India scheduled to get aircraft carrier INS Vikramaditya (Admiral Gorshkhov) towards the end of 2013 from Russia. Page 26 . 4. Rahman bagged the best original song trophy at the 16th Critics' Choice Awards for his number “If I Rise” in Danny Boyle's film 127 Hours.4 billion. Though India had adopted WHO-approved International Commission on Non-ionizing Radiation Protection (ICNIRP) guidelines. Department of Telecommunications (DoT had started a special drive last year asking all mobile service providers to produce a self-certificate of their towers. which carried a citation and a cash prize of Rs.' Five exercises have been held so far. some avionics. Poland.R. 39 are in Asia. 11. 17 January 2011 1. International Atomic Energy Agency (IAEA) Director-General Yukiya Amano said that out of the 61 nuclear reactors under construction in the world.2.62 lakh. electronic warfare systems and cockpit displays. 3. Italy.50-2. Fresh lending in 2009-10 (July 1. Written by Rollo Armstrong and American artiste Dido. China. the song was performed by Rahman and Dido. Indian designers will also be responsible for re-modelling Russia's single-seat fighter into a two-seater version for the IAF. China and Belgium where the radiation density was even lower than ICNIRP levels. 5. Music composer A. BJP national secretary. there were countries such as Canada.3 billion. but this mandatory procedure was not followed in case of over one lakh towers across India. State-owned oil companies raised petrol prices by Rs. Australia. 4.43 per cent in December from 7. the second hike in a month.

14. Feasibility of “clean coal technology” is also being studied. 10. Natalie Portman for best performance by an actress in The Black Swan. The India-Japan Global Partnership Summit 2011. The Finance Ministry said inflation would come down to around 6. the United States has hit out at China's valuation of its currency. for Best Motion Picture. which will be held from September 5 to 7 in Tokyo this year. The agreement will enable Japanese companies such as Mitsubishi. Japan currently meets 30 per cent of its energy requirements from nuclear plants and this is expected to increase to at least 40 per cent by 2017. all having advance civil nuclear energy technologies.48 per cent in November). The negotiations for the nuclear agreement were launched on June 28 when officials from Japan and India met for the first round in Tokyo. 19 January 2011 1. the Coal Ministry has sought permission for mining on the land which is not under dense forest and wildlife corridor. The Associated Chambers of Commerce and Industry of India (Assocham) President. Group of Ministers (GoM) has been constituted by the Prime Minister for deliberating on the issue. 15. arrived on a six-day visit. Ansari. Sam Pitroda . Colin Firth for best performance by an actor in The King's Speech. To avoid a clash with the Union Environment and Forest Ministry over environmental clearance for coal projects. 9. The former Japanese Prime Minister.000 bank clients who may have been evading taxes. Hitachi and Toshiba. On trade. Radha Kumar and M. The Sanjay Chopra Award went to 11-year-old Priyanshu Joshi of Uttarakhand for saving his sister from a leopard. a film about Harvard-graduate Mark Zuckerberg's ultra-popular Facebook website. EPR has been designed and developed mainly by Framatome (now Areva). The Social Network. It is a third generation Page 27 . of Kerala. Twenty-three children — nine girls and 14 boys — have been selected for the National Bravery Awards-2010. was recently in India. Maharashtra Chief Minister Prithviraj Chavan made an emotional appeal for the Jaitapur nuclear power project saying that he would never tolerate an unsafe project for Maharashtra at any cost. comprising Dileep Padgaonkar.M. Swiss banker Rudolf Elmer personally handed WikiLeaks founder Julian Assange two CDs reportedly containing the names of 2. Two awards have been given posthumously. 12.43 per cent in December (7. The team. 7. She saved two children from drowning. The prestigious Geeta Chopra Award has been conferred on 13-year-old Jismi P. 11. aiming to expand people-to-people bilateral relationship. Other notable winners included The Social Network. swept up four awards at the 2011 Golden Globe Awards.M.Adviser to Prime Minister on Technology. to set up projects in India where the nuclear energy market is pegged at $150 billion. Dilip Modi cautioned the Reserve Bank of India (RBI) against any attempt at tightening its monetary policy and maintained that the need of the hour was to increase bank liquidity and sustain credit growth in the face of the unprecedented rise in the inflation rate. Ahmet Uzumcu . Yukio Hatoyamasaid that India and Japan were close to finalising a civil nuclear cooperation agreement. who took over as Director-General of the Organisation for the Prohibition of Chemical Weapons (OPCW) about six months ago.5 per cent by March-end from the present 8. China has responded by attacking the Federal Reserve's $ 600 billion bond-buying move to make the dollar more competitive. with the possibility of “coal to liquid” (CTL) technology used in South Africa. 13. 6. The children will receive their awards from Prime Minister Manmohan Singh and participate in the Republic Day Parade. The Union government's interlocutors on Jammu and Kashmir on Monday began their monthly visit to Jammu. 8.5. The National Bravery Award scheme was initiated by the Indian Council for Child Welfare in 1957.

10. Experts also clarified that there was no danger in locating six 1650-MW equivalent reactors at Jaitapur. 4.pressurized water reactor (PWR). the Balkans. which went to a neutral expert — but did seek an early decision before the project construction reached an “irreversible” stage.5 million each towards the settlement of the dispute that was taken by Islamabad to the international arbitration court that was specially set up as per the provisions of the Indus Waters Treaty of 1960. Government had also been decided to set up a Financial Sector Legislative Reforms Commission (FSLRC) to rewrite and clean up the financial sector laws and bring them in line with the requirements of the sector. It does not affect animals. Manmohan Singh Government is all set to give its approval to 51 per cent Foreign Direct Investment (FDI) in the multi-brand retail sector. had identified the virus as Crimean-Congo hemorrhagic Fever (CCHF) in Ahmedabad. on a visit to the West Bank. Both India and Pakistan will have to spend an estimated $2. Russian President Dmitry Medvedev reaffirmed Moscow's commitment to an independent Palestinian state with east Jerusalem as its capital. but kills 20 to 40 per cent of humans who contract it. 5. have been selected for Federation of Asian Biotech Associations (FABA) Special Awards 2011.5 per cent for 2010-11.700 crore. A six-member team of specialists from the National Institute for Communicable Diseases (NICD) will visit Ahmedabad. Present FDI regime allows 51 per cent foreign investment in single brand retail and 100 per cent in wholesale cash and carry. . and Roger L. As of now there is no medicine or vaccine that can prevent or cure the disease.1. Davinder S. any player who seeks entry into the Indian market will be required to invest a minimum of Rs. to strengthen and institutionalise the mechanism for maintaining financial stability. GVK Biosciences Pvt. The Government is proposing some safeguards to ensure that non-serious players and fly-by-night operators are not entertained. chairman. The increased interest rate will cost the Employees Provident Fund Organisation (EPFO) an additional Rs. The CCHF virus is known to be transmitted among animals through ticks. the Middle East and Pakistan. National Institute of Virology. Though 100 per cent FDI is permitted in cold chain through the automatic route in the absence of FDI in retail. CEO. There is serological evidence of CCHF infection being present in India in animals. 500 crore. Union Labour and Employment Minister is hopeful that his Ministry would be able to persuade the Finance Ministry to give its nod for the decision of the Central Board of Trustees (CBT) to increase the rate of interest on Employees Provident Fund (EPF) from 8. Page 28 . Williams. 8. 3600-crore project — as in the case of the Baglihar Dam dispute. Pakistan sought a quick resolution of its dispute with India on the 330-MW Kishenganga hydropower project in Jammu and Kashmir and wanted an immediate site-inspection by the International Court of Arbitration during its preliminary hearing on January 14 at The Hague. 9. poet Akkitham Achuthan Namboodiri being chosen for the prestigious Moortidevi Award of the Bharatiya Jnanpith for 2009. Ltd. Atomic Energy Commission chairman Srikumar Banerji said there are 20 nuclear plants running in the country and “we have demonstrated that the environment is well protected and on the contrary the flora and fauna has improved there”. United States Pharmacopeia (USP). 3. This council would undertake macro-prudential supervision of the economy and address inter-regulatory coordination issues without infringing on the autonomy of market regulators. 6.5 to 9.” The basic objection of the Finance Ministry was how the EPFO could manage and sustain such a huge increase of additional money involved for paying the new interest rate. Government had already set up an apex-level Financial Stability and Development Council (FSDC) headed by finance ministry. 7. Brar. Pakistan did not seek an interim stay on India's Rs. 2. The CCHF virus has earlier been reported from Africa. To this end. Pune.

External Affairs and Defence — were left untouched. Ashwani Kumar and K. China. 6. now MoS with independent charge. after the Atomic Energy Regulatory Board (AERB) granted clearance to it. Venugopal. 5. 4. Prime Minister Manmohan Singh introduced three new faces. The trend during the last 30 years showed a decrease in rainfall in the eastern parts of the country and an increase in the western region. both inducted as Ministers of State. The fourth unit of the 220 MW Kaiga Generating Station (KGS-4). Representatives from various human rights groups briefed U. according to Ajit Tyagi. Jammu and Kashmir Chief Minister Omar Abdullah asked the Bharatiya Janata Party not to “precipitate” the situation in the Kashmir Valley by going ahead with its ‘Ekta Yatra' to hoist the tricolour at Srinagar's Lal Chowk on Republic Day. Agreed to rename the “Forum of Bangladesh China.1. was connected to the southern power grid.” the Supreme Court questioned the Centre's approach to tackling this menace and retrieving the huge amount kept in foreign banks.000 a day as per RBI guidelines .N. China. Salman Khursheed. thus forcing telecom companies to improve efficiency of their networks. for production of fuel grade ethanol. It was introduced in Haryana as a test case in November 2010. 3. The top four jobs — Finance. Sriprakash Jaiswal and Praful Patel — the last named from the Nationalist Congress Party — were elevated to the Cabinet. The most significant change was Urban Development Minister S. Jaipal Reddy being moved to the high profile Petroleum and Natural Gas Ministry. Special Rapporteur Margaret Sekaggaya on the situation in Jammu and Kashmir.11. Solicitor-General Gopal Subramaniam furnished in a sealed cover a list of 26 names who had accounts with Liechtenstein Bank.” Launched in 1999. the rest of the pack. 8. BCIM agreed to conduct a joint road survey for a car rally from Kunming to Kolkata proposed to be held in 2012. 20 January 2011 1. Thomas were given independent charge. The Forum of Bangladesh.V. Ninth meeting of the Forum. 12. Page 29 .C. who retired in November 2010. The new facility will be available for all ICICI Bank debit cards holders who can withdraw up to Rs. IOC said it had signed an agreement with LanzaTech. while Ministers of State Ajay Maken and K. This facility will allow mobile subscribers to switch operators without changing their phone numbers. 7. The Centre cleared the appointment of Anand Sinha as Reserve Bank of India Deputy Governor in place of Usha Thorat. Prime Minister Manmohan Singh will formally announce a nationwide roll-out of the much-awaited mobile number portability (MNP) service. Home. The three new faces are Beni Prasad Verma. offer competitive tariffs and more value-added services. India Meteorological Department. a leading clean energy technology company. which concluded in the Kunming city of the Yunan province. ICICI Bank introduced the cash withdrawal facility at point of sale (PoS) terminals at merchant outlets. 13. and Petroleum Minister Murli Deora being shifted to the relatively low key Corporate Affairs Ministry. India and Myanmar (BCIM) agreed to promote regional prosperity and harmony. located in Karnataka. The Forum agreed to focus on improved regional connectivity and establishing the Kunming-Mandalay-Dhaka-Kolkata economic corridor. Describing black money stashed away abroad by Indians as “pure and simple theft of national money. Current projections indicate that rainfall might increase by five per cent to 25 per cent all over the tropics in the next 25 to 30 years on account of climate change. India and Myanmar on Regional Economic Cooperation” as “Bangladesh China India and Myanmar Regional Cooperation Forum. DirectorGeneral. upgraded five Ministers and shuffled 2.

separate law enacted by the Andhra Pradesh government would not be needed. i. RBI Central Board member U. include a provision so that it can secure information on accounts opened by Indian citizens over there. South Sudan voted 97. run by Teesta Setalvad. Chinese President Hu Jintao is on a state visit to the United States. India is not a member of NPT but it is still trying to convince Australia for uranium.25.91 per cent in the previous week. a borrower can be a member of only one self-help group or a joint liability group. At least 75 per cent of loans extended by MFIs should be for income generation purposes.000 per annum. c.000 could be given to families having an income up to Rs. 6. 10. 3. The Supreme Court took a serious view of the Centre for Justice and Peace (CJP). These recommendations should be implemented from April 1. writing to the Office of the High Commissioner for Human Rights (OHCHR) in Geneva on the Godhra riots cases. 14. Food inflation slid for the second week in a row. Rao and RBI Deputy Governor K. The Union Ministry of Health and Family Welfare claimed that no new cases of the Crimean-Congo Hemorrhagic Fever (CCHF) were reported from Gujarat even as a six-member central team of the Page 30 . Government is in the process of revisiting bilateral agreements with countries that are tax havens to 2. will be entitled to the ‘priority lending' status. Dubai and Muscat soon after it completes five years of domestic operations in August. Malegam Committee on micro finance set up bi RBI :a. 12. NBFC-MFIs should have a minimum net worth of Rs.50. b.25. First time a delegation of senior Bharatiya Janata Party leaders headed by party president Nitin Gadkari left on a goodwill visit to China. The other members of the panel include industrialist Kumar Mangalam Birla. R. H. Creation of a separate category of non-banking financial companies (NBFC-MFI) for the micro finance sector. l. e. Regulations of MFIs should be done by the National Bank for Agriculture and Rural Development (NABARD) in close coordination with the RBI. It is learnt that some have already been signed and some are in the works.3 magnitude shook Balochistan in Pakistan. 11. 2011. g. f. The Union Cabinet decided to observe January 25 as ‘National Voters Day' from this year as part of an exercise to get youth to participate in the election process in greater numbers. Bank lending to NBFCs. If the recommendations are accepted. Currently.000.5 per cent for independence. which qualify as NBFC-MFIs.9. d. C. Small loans of up to Rs. h. k. not more than two MFIs can lend to a single borrower. A massive earthquake of 7. Recommendation of Y.15 crore.52 per cent for the week ended January 8 from 16. On repayment the borrowers should be given the option of weekly or fortnightly or monthly return of the loan. declining to 15. Bangkok. j. Australia practices a policy of not supplying uranium to countries that have not acceded to the Nuclear Non-Proliferation Treaty (NPT). 4. Micro finance institutions (MFIs) be allowed to charge a maximum interest of 24 per cent on small loans which cannot exceed Rs. IndiGo has received government nod to launch international operations and would fly to Singapore. 13. Chakrabarty. 5. 21 January 2011 1.

The discussion will now take place “within the framework” of the “strategic partnership” that Canberra established with New Delhi in 2009 Australian Foreign Minister Kevin Rudd said after holding talks with External Affairs Minister S. has calculated that cosmic rays — which. The visiting South Korean Trade Minister. Yeddyurappa over allegations of denotification of land acquired by the government. 22 January 2011 1. 4. The National Institute of Virology (NIV) at Pune has sent a team as well. 2. It has convened a meeting of the cell in Davos. Karnataka Governor H. Hyderabad will witness the largest gathering of Islamic scholars next week. will be here to take part in the international seminar on Quran. The warmest year on record is a three-way tie. 10. 2005 and 1998 . It is the largest Foreign Direct Investment (FDI) in India. Kim Jong-Hoon. Bhardwaj accorded sanction to prosecute Chief Minister B.C. 16. Bhargavi Rao prizes on June 29. Rao. 12. Rao Advanced Institute of Mathematics Statistics and Computer Sciences and the Integral Association of Amateur Mathematicians and Scientists will be held all over the country on January 22. the birth date of statistician P.R.M. Physicist and the former ISRO chairman. 17. 9. The Sea Life aquarium in Oberhausen unveiled an outsized memorial to the World Cup's most unlikely star Paul the celebrated octopus — a two-metre-tall plastic replica of Paul clutching a ball in his eight arms. 11. Mahalanobis. U. the country's official entry to the Oscars.National Institute of Communicable Diseases (NICD) arrived in Ahmedabad to investigate the outbreak. Peepli Live. said India should not “disregard” the importance of the proposed $12-billion Posco steel project. State cooperative banks and Central cooperative banks were allowed to extend housing finance up to 10 per cent of their total loans and advances.according to World Meteorological Organisation. which is also observed as the Statistics Day of India. Jong-Hoon South Korean Trade Minister. 13. unlike carbon emissions. India has achieved a tele-density of about 65 per cent. 7. has failed to make it to the final nine. The finalists will be presented C.R. apart from other charges. cannot be controlled by human activity — have a much larger impact on climate change than The Intergovernmental Panel on Climate Change (IPCC) claims. Earlier.S. 3.2010. Switzerland. Page 31 .R. 8. on January 27. India-South Korea trade agreed to set a $30 billion bilateral trade turnover target to be achieved by 2014. Australia will “continue to discuss” with India its “differences” on whether to allowaccess to Australian uranium for civil nuclear purposes. is in delhi for the first review of the India-South Korea Comprehensive Economic Partnership Agreement (CEPA). implemented a year ago. Krishna in Melbourne. The RBI said cooperative banks could not give housing loans beyond 5 per cent of their total assets. 14. The World Economic Forum has constituted a Water Resource Cell for preparing an agenda for 2030 for scientific water management technique. More than 400 ulemas. According to an ONGC statement the oil leak was detected in the Mumbai-Uran Trunk (MUT) pipeline. 15. including some from foreign countries. The annual statistics Olympiad of C.R. Mr. Rao and C.

5.S. Although negotiations on the much-awaited India-European Union (EU) Free Trade Agreement (FTA) are likely to be concluded by summer this year. Under the wholly-owned subsidiary (WOS) form. referring to the Home Ministry's announcement of a 25 per cent reduction in security forces in the border State. The Tehran declaration of May 2010. the formal signing will only happen by the end of this year at the India-EU summit. To encourage existing foreign banks to convert into WOS. in return for 20 per cent enriched nuclear fuel rods required to run a Tehran medical reactor. The European Union and some of its member-States will send representatives as “observers” during the January 24 hearing of human rights activist Binayak Sen's bail application in the Chhattisgarh High Court at Bilaspur. 14. Mr. At present. 6. as demanded by the six global powers. as against the current system of having presence through branch network. Antony was talking to journalists after commissioning the Italian-built fleet tanker INS Deepak into the Indian Navy. Concerned over rising incidents of cyber frauds. Britain France and Germany. even though he has visited Moscow for multilateral meetings. which followed active mediation by Turkey and Brazil. Defence Minister A.-led international military coalition will leave Afghanistan by 2014. Subbarao. the discussion paper says the subsidiaries should be given preferential treatment for opening of branches as compared to those foreign banks which operate through branches. U.000 [of the] Army forces. Securities and Exchange Board of India Chairman C. there is no such proposal before us. Ali-Asghar Soltanieh. European Union foreign policy chief Catharine Ashton is leading a delegation. In a related development.' Green Card that would make easy the inter-country and inter-corporate movement of professionals in Europe. the high-level meeting of the Financial Stability and Development Council was attended by RBI Governor D. “The statement was not about Army reduction but about paramilitary [forces'] reduction. China. After that. 11.” he said. 8. Russia.S. 13. with five major banks. 9. B. The Ministry of Human Resource Development (HRD) asked the Kakodkar Committee to “re-work” its proposal seeking a four-fold increase in fees for undergraduate courses at the prestigious Indian Institutes of Technology (IITs). 15. We have already reduced 30. 7. EU would be introducing a ‘Blue Card' on the pattern of U. which has representatives from the United States. the Iranian representative to the International Atomic Energy Agency (IAEA) asserted on the eve of Istanbul talks that Iran would not halt nuclear enrichment. The United Nations Special Rapporteur on the situation of Human Rights Defenders is Margaret Sekaggya. 12. 10. The Reserve Bank came out with a discussion paper suggesting that foreign banks should be incentivised to operate in India as wholly-owned subsidiaries. Insurance Regulatory and Development Authority Chairman J. Iran has said that its first round of talks in Istanbul with the global powers morning had been held in a “positive atmosphere”. contains the broad parameters of a nuclear deal involving the transfers abroad of Iran's lightly enriched uranium stocks. Mr. Antony clarified that there was no proposal for reducing the Army in Jammu and Kashmir for now. Russia has agreed to expand its military and economic assistance to Afghanistan in an effort to play a larger role in the region. there are 34 foreign banks operating in India. Karzai is on his first official visit to Russia since taking office in 2004. a foreign bank will have to operate as a locally incorporated legal entity and will be subject to the domestic laws such as the Companies Act and the Banking Regulation Act. The Lavasa township hill-side project near pune is promoted by Hindustan Construction Company (HCC). Bhave. the Reserve Bank of India will soon ask banks to shift to chip-based ATM cards from the existing magnetic strips and upgrade the currency vending machines. Hari Narayan and Pension Fund Regulatory and Page 32 .K.

France and Germany. 2011. On its part. Finance Minister Pranab Mukherjee is the chair man of this council. Page 33 . The Bharat Sanchar Nigam Limited's target to roll out 3G services in 760 cities will be achieved by this fiscal. Recession and Uneven Recovery' authored by Y. 4. de-linking it from the security aspect. 5. Currently being implemented in 60 Left wing extremist (LWE)-affected districts. 6. Amir khan is one of the seven jury members who will pick the winner of the prestigious Golden and Silver Bear prizes at the festival to be held here from February 10 to 20. Book ‘Global Crisis. Having lost its battle with the Ministry. 8. Finance Minister Pranab Mukherjee and Swiss Federal Councillor Micheline Calmy-Rey signed a “protocol” on August 30. Iran has promised India that it will not disrupt the supply of oil despite no payments going through during the last one month. former RBI governor. Naqvi for his book “Home Boy” (HarperCollins India) at a memorable ceremony held at the DSC Jaipur Literature Festival on January 22nd. The Planning Commission has decided to disown the Integrated Action Plan (IAP) for Selected Tribal and Backward Districts that it authored and was approved by the Cabinet Committee on Economic Affairs (CCEA). the plan was watered down by the Ministry of Home Affairs (MHA) before it received the CCEA nod. 23 January 2011 1.V. Even as the issue of payment for crude oil purchased from Iran remained unresolved. Government wants to ensure that imports come down to 30 per cent in the near future. a Reserve Bank of India (RBI) team will visit Tehran to work out a solution. the Commission will tackle tribal welfare once again but do so. The Department of Personnel and Training (DoPT) has rejected most of the changes suggested in the government's Draft Rules for the Right to Information Act by the Sonia Gandhi-led National Advisory Council (NAC). The treaty needs to be ratified by various authorities in India and Switzerland. United Kingdom. 3. The European Union foreign policy chief. accused Iran of setting “preconditions” for advancing the dialogue. The Commission feels that the issue deserves “a long-term perspective. The DSC Prize (50. according to its Chairman and Managing Director Gopal Das. 3. including the Parliament of the European nation. Catharine Ashton. The defence spending now was 2. 2010 to amend the double taxation agreement (DTA). India may have to wait till at least next year for information from Switzerland on the possible black money trail to Swiss banks.4 per cent of the GDP and allocation in the budget 16 to 17 per cent. The revised tax treaty is expected to facilitate the Indian government in getting details about illicit wealth kept in Swiss banks. 7. The two-day talks between Iran and the six global powers have reached a dead-end with both sides failing to fix another date to continue their dialogue. 2. 24 January 2011 1.Development Authority Chairman Yogesh Agarwal. President Pratibha Patil will wind up the diamond-jubilee celebrations of the Election Commission and launch the “National Voters Day” on 25 January. in the 12th Plan (2012-2017). China. who led the delegation with representatives from the United States. as a treaty for the same might come into force only by the end of 2011. Russia. Reddy.000 US dollars) for South Asian Literature announced its first ever winner HM 2. and it might come into effect by 2011-end depending on these approvals.

21 Shaurya Chakra.S. 4. headed by Minister of State for Commerce Jyotiraditya Scindia constituted by the Centre to suggest measures to cut transaction costs in the export sector is expected to submit its report soon. The Social Network and Inception won eight nominations each for the 83rd annual Academy Awards to be held on February 27. 25 January 2011 1. has been conferred posthumously on Gandhian and freedom fighter Lakshmi Chand Jain. The United Nations and the Sri Lankan government are preparing a joint plan for assistance for the north of the country. 5. With opium prices shooting up in 2010 the United Nations Office on Drugs and Crime (UNODC) has warned of more Afghans taking to opium cultivation this year. Telugu film celebrity A. The Padma Vibhushan. the former National Security Adviser. 6. Art historian Kapila Vatsyayan. DTAA negotiations and in five cases. The India Annual Conference of Association for Computing Machinery (ACM) will be held in Hyderabad on January 28 and 29. India had Double Taxation Avoidance Agreements (DTAAs) with 79 countries and modifications in such pacts were needed in 74 of them to broaden the scope of the article of exchange of information to include exchange of banking information. it once again draws attention to how poppy cultivation remains a funding source for terror. died. the President approved 440 gallantry including 5 Kirti Chakra. Wipro chief Azim Premji. He belongs to the Kirana Gharan. Nageswara Rao. True Grit came in second with 10 nominations.4. Parasaran. 26 January 2011 1.V. Kochi is developed as a SmartCity. which is India's second highest civilian honour. leading the competition for the film industry's top honours. TIEA negotiations were in progress. Already a total of 23 negotiations in line with international standards had been completed for DTAAs and 10 for Tax Information Exchange Agreements (TIEAs). Planning Commission Deputy Chairman Montek Singh Ahluwalia. 3. Pandit Bhimsen Joshi. In 31 cases. Army doctor Major Laishram Jyotin Singh will be posthumously conferred the country's highest peacetime gallantry award. The Supreme Court decided to examine whether euthanasia will come within the ambit of Article 21 (right to life and liberty) of the Constitution. 4. are among this year's 13 Padma Vibhushan awardees. The Task Force. Ashok Chakra. India's first woman news photographer Homai Vyarawalla and the former Attorney-General. who tried to move towards Jammu on their way to Srinagar to hoist the tricolour at Lal Chowk on Republic Day. The stand-off between the BJP and the Jammu and Kashmir government ended with the arrest here 2. It will be ready by early February and will be a comprehensive “to-do” list that was essential to make sure that the needs of the people were met. With 89 per cent of the total income from opium production going to farmers in the Taliban controlled areas of southern Afghanistan. 7. Bharat Ratna awardee Hindustani classical musician. On the eve of Republic Day. on Republic Day. British historical drama The King's Speech garnered 12 Oscar nominations. Brajesh Mishra. 3. Laxman (Padma Shri) are among the 128 men and women who have made it to the Padma awards list this year. K. of the party's top leaders along workers. Actress of yesteryear Waheeda Rahman (Padma Bhushan) and cricketer V. Page 34 . 2.

N. India and Indonesia on Tuesday signed 18 agreements worth $15.25 per cent to 5.5 per cent and the reverse repo rate — the rate at which banks park their funds with the RBI — from 5.25 per cent to 6. Gen. Indonesia's President Susilo Bambang Yudhoyono will be chief guest at India's Republic Day. Mr. On January 26. The Department of Atomic Energy (DAE) and the Department of Science and Technology (DST) have formed a national level apex committee to monitor the progress of Rs.1 lakh.1 billion in sectors such as mining. the CRR was increased by 100 basis points.4 per cent in December 2010. 14. Additionally. India and Indonesia have agreed to begin negotiations for concluding a Comprehensive Economic Cooperation Agreement (CECA) and set a bilateral trade target of $25 billion by 2015 against $11 Page 35 . 10. it raised the March inflation forecast to 7 per cent compared to its earlier forecast of 5. While the RBI retained the GDP growth forecast at 8. Sarath Fonseka faces court martial. SyndicateBank. have triggered a process of soaring agricultural commodity prices on international markets. the customers of bank can avail a life insurance cover up to Rs. Under the agreement. mineral oils and minerals. ending nearly three decades of civil war. The International Monetary Fund raised growth forecast for global economy to 4. the RBI has cumulatively increased the repo rate by 175 basis points and the reverse repo rate by 225 basis points. The licensees were required to roll out their services in 90 per cent of service areas in metros and 10 per cent in district headquarters within 12 months (52 weeks) from the date of award of licence. 3. The Maharashtra government announced that a lifetime achievement award in classical music will be instituted in memory of Bharat Ratna Pandit Bhimsen Joshi. 18.5 per cent. Drought in Russia and the export restrictions adopted by the government.215 crore from mobile companies which failed to roll out their networks as per schedule.5 per cent.4 per cent for calendar year 2011. due mainly to sharp increase in the prices of vegetables. infrastructure and manufacturing. Rahman was honoured with the Crystal Award of the World Economic Forum (WEF) at the opening ceremony of its annual meet in DAVOS (SWITZERLAND). India's first Greenfield International Container Transhipment Terminal (ICTT) is likely to go on stream in Kochi on February 11.4 per cent while retaining the projection for India at 8. 2. It will consist of Rs. 17. 25. “Global Financial Stability” and “World Economic Outlook” – released by IMF 4.200 crore India-based Neutrino Observatory (INO) being established in Theni district (T. A.000 at an affordable premium. 15. first in the United States and Europe.5 per cent with upward bias. The FAO Food Price Index at the end of 2010 returned to its highest level. The Department of Telecommunications has so far raised Rs. 9. WPI inflation (year-on-year) moved up from 7.). on Tuesday launched a micro-insurance product for its customers under Financial Inclusion (FI) programme. Since mid-March 2010. 12.R. He later contested unsuccessfully against Mahinda Rajapaksa in the January 2010 presidential election. together with lower crop harvests than expected.4 per cent in November to 8. then in Australia and Argentina.8. The Reserve Bank of India (RBI) raised the repo rate — the rate at which banks borrow money from the central bank — by 25 basis points from 6. 27 January 2011 1. Fonseka commanded the Army when Sri Lanka defeated the LTTE in May 2009. 11. Thousands of anti-government protesters clashed with riot police in the centre of Cairo (Egypt) in a Tunisia-inspired demonstration to demand the end of Hosni Mubarak's nearly 30 years in power.1. 16. 13. which has entered into a tie-up with Tata AIG Life Insurance Company.

The scheme will enable the linking of the driving licence with the Unique Identification Number to be issued by the UIDAI. bridges. Nepal President Ram Baran Yadav arrived in Kolkata on a 10-day official visit to India. Orissa. driven largely by rising Indian imports of Chinese machinery that have left a record trade imbalance of $20 billion in China's favour. US-based GE-Hitachi Nuclear Energy. The government will now focus on nine not-so-well performing States where the IMR is still above the national average of 50 — these include U. when the national average was 58. The United Nations urged governments not to impose export restrictions or other short-term measures to cope with rising food prices. Each subsequent reactor would go critical every year and the entire project would be completed by 2021. The IMR is the lowest in Goa at 11 followed by Kerala at 12.000 km. 29 January 2011 1. and ports which were heavily damaged in the recent floods across the country. saying they can actually make matters worse by driving global prices up. Uttarakhand. Six reactors would be set up in a phased manner and the civil works for the first two units would commence by the end of 2011 or early 2012. Rajasthan. India is building two more such submarines.P.P. An exclusive research station for grapes will be set up in Cumbum valley (T. The worst performers are Madhya Pradesh at 67. Sundar Committee in a bid to streamline the Motor Vehicles Act 1988.billion last fiscal.600 MWe.P. 28 January 2011 1. The Infant Mortality Rate (IMR) in India has come down to 50 (deaths per 1.000 live births) from 53. It will form part of the lethal arsenal of the country's first nuclear-powered submarine. The Defence Research and Development Organisation (DRDO) plans another test-firing of the K-15 missile (range of 700 km) from a pontoon off the coast of Visakhapatnam under the Sagarika project. Though it is below the expectation of 30 by 2015. showing a reduction of three points as compared to 2008.. 4. Arihant. They were expected to be commissioned by 2017. can carry both conventional and nuclear warheads. It will have six nuclear reactors (1600 MWe each) to generate about 9. Kovvada Nuclear Power Park (A. Uttar Pradesh at 63. The missile.) will be set up in A. Australian Prime Minister Julia Gillard announced “a one-off levy” to fund.N. Jharkhand. BlackBerry maker Research In Motion has said that providing a solution to access its enterprise mail 3. there are no keys to be handed. (a joint venture between General Electric Company and Hitachi) would be supplying the equipment while the erection and commissioning would be done by NPCIL. and Assam.P. 6. 8. Orissa at 65. 2. 5. which will have a range of 3. India implemented a free trade pact with Indonesia in October last that slashes import duties on goods. Chhattisgarh. Page 36 . Changes have been mooted by the S. as stipulated under the Millennium Development Goals. Bilateral trade between India and China exceeded the two countries' $60 billion target last year. M.” “There is no solution. and eight points since 2005.. the reconstruction of roads. which is under production. 7.). Driving licence will now bear a unique number and Car registration number enjoy portability but it will have to go through a two-stage process to obtain a driving licence. which is undergoing sea trials. partially. service is “not possible. Bihar. The DRDO is developing a K-4 underwater-launched missile. 5.

S. 1 February 2011 1. Anil Dhirubhai Ambani-owned Reliance Infrastructure announced that it had commissioned the country's first 100 per cent privately-owned transmission line (116 km) on build. The U. 30 January 2011 1. and to 700 deployed carrier vehicles. 3. Trade ministers of India. the Finance Ministry has set up a “study group” to improve voluntary compliance and address the issue of revenue leakage by suggesting appropriate measures to motivate tax evaders to disclose their unaccounted income. Union Law and Justice Minister M. A technical team of the Election Commission of India (EC). 2010.M. “A breed of next-generation lightweight choppers from the stables of Hindustan Aeronautical Limited (HAL) will fly out within three years to provide air surveillance for law-enforcing agencies in major cities and in a decade for monitoring the national highways. 5. Egyptian demonstrators. India's FDI inflows declined by 26 per cent to $18. Minister for External Affairs S. Senate ratified the New Start treaty last month. Draft of the Judicial Standards and Accountability Bill had been prepared for tackling corruption in the High Courts. 2.2.” 4. The treaty limits each country to 1. including India. drawn from the Electronic Voting Machine (EVM) manufacturing units such as the Bharat Electronics Limited (BEL) and the Electronic Corporation of India Limited (ECIL). We need to finance our deficit. a day after the Upper House of the Russian Parliament unanimously endorsed the pact. 3. own. Krishna has taken strong exception to the radio-tagging of Indian students in San Francisco. Russian President Dmitry Medvedev signed into law the ratification of a landmark nuclear arms cut pact with the United States. Veerappa Moily said that all subordinate courts in the country would be converted into fast track courts (FTC) within three months. 4.” said Ashok Nayak. During January-November. will visit Pakistan next month to demonstrate the working of EVMs to the Pakistan Election Commission (PEC). down from the current ceiling of 2. Warren Buffett and Bill Gates.9 billion from $25. HAL. It will enter into force after the two sides exchange the instruments of ratification. 3.200. 31 January 2011 1. will visit India this year to seek the support of wealthy Indians for philanthropic activities. Seeking to tackle the issue of black money in a proactive manner. Trade ministers from key World Trade Organization (WTO) member countries. battling the Hosni Mubarak regime. A high-powered committee would soon be formed to work out the modalities of setting up a mega science city complex in Chennai. “We have CAD. 2.550 strategic warheads. Brazil. Bangalore. Chairman. India needed FDI to bridge the rising current account deficit (CAD). operate (BOT) basis between Solapur and Karad in Maharashtra. 4. two of the world's richest people. The facility would be modelled after Tokyo Science City. agreed that efforts needed to be stepped up to conclude a multilateral trade deal this year under the Doha Round. have called a million-strong march and a nationwide strike Page 37 .5 billion in the same period last year. South Africa (IBSA) and China met on the sidelines of the World Economic Forum at Davos and reviewed the current status of the Doha Round of WTO negotiations.

1 per cent for the year. 2. transport. however.4 billion to India for developing its infrastructure for a three-year period (2011-13).000 crore. however. 5. The CSO data showed that the per capita income (per capita net national income at factor cost) in real terms (at 2004-05 prices).000 crore and now with today's Rs. At current prices.40.41.61.52.2.44. 10. Its contribution of $250.13.94 lakh crore as against Rs. domestic LPG and kerosene below cost in the third quarter. 4.82 lakh crore in 2008-09 to show an increase of 16.8 per cent). insurance.000 crore in cash subsidy to state-owned fuel retailers ( (IOC.492 during the year as against Rs. At current prices.31. The provision will come into effect from February 11. is estimated at Rs. 3.5 per cent. real estate as well as business services (9. financing.22.98 lakh crore in 2008-09. the Finance Ministry had previously approved Rs. social and personal services (11. India.8 per cent). Shunglu panel went into alleged financial irregularities in the Commonwealth Games. a high-level inter-ministerial committee has called for revision of radiation norms to suit to Indian conditions and environment.731 for 2009-10 as against Rs.07 lakh crore as against Rs. the total subsidy from the government so far this fiscal is Rs.21. Manila-based Asian Development Bank (ADB) has agreed to extend an aid quantum of $7. and if funds were found by the government.33 lakh crore as against Rs.63 lakh crore in 2008-09. the Union Ministry of Environment and Forests granted conditional clearance to Posco's $12-billion company's steel-cum captive power plant and a captive minor port in Orissa. Bharti Airtel on Monday launched its unique ‘Airtel money' service that will allow its subscribers to pay their various bills through mobile phones. Expressing serious concern over high-level of electromagnetic radiation from mobile towers and handsets. 2011 from unsolicited telemarketing calls and SMS.605 for the previous year to post a growth of 14. India's GDP (gross domestic product) growth stands revised upwards to 8 per cent for 2009-10 from the 7.2 per cent). 8. community. mainly on the strength of better showing by sectors such as manufacturing (8. Finance Ministry on Monday approved Rs. which works out to an overall economic growth of 8 per cent during the year. According to Central Statistical Organisation.801 in 2008-09 to mark an increase of 6. BPCL. it could keep them. schools. 3. 9. the largest donor towards the setting up of an anti-slavery memorial. 11. Gross domestic saving (GDS) at current prices in 2009-10 is estimated at Rs. 4. Telecom Regulatory Authority of India (TRAI) extended the deadline for implementing its new guidelines till March 1. V.4 per cent expansion estimated earlier for the fiscal. India currently follows World Health Organisation (WHO)-approved International Commission on Non-ionizing Radiation Protection (ICNIRP) guidelines.7 per cent of GDP at market prices as against 32. The committee has called for imposing strict restrictions on installation of mobile towers near high-density residential areas. Laying down 60 more conditions.17. The country's GDP at factor cost at constant (2004-05) prices in 2009-10 is estimated at Rs.000 crore. symbolically handed over the cheque.46.33. The National Democratic Alliance on Tuesday proposed that all its Chief Ministers and Members of Parliament publicly declare they have no bank accounts in Switzerland or other tax havens abroad.000 was towards the Trust Fund for the Permanent Memorial to Page 38 .1 per cent during the year.2 per cent in the previous year. 7.K. 6.8. 2 February 2011 1. Railway Ministry has decided to re-introduce the need for carrying identity proof in original during the course of the journey. HPCL) to make up for half of the revenues they lost on selling diesel. constituting 33. it is estimated much higher at Rs. playgrounds and hospitals. storage and communication (15 per cent).8. it is estimated at Rs. First six months. the CSO data showed.

S. It will be used to authenticate work applications. General Assembly.. U. The Central Bureau of Investigation on Wednesday arrested the former Union Communications and 2. the Petroleum and Natural Gas Ministry has come under increasing pressure from oil marketing companies (OMCs) for a ‘sharp revision' in the prices of petroleum products. State Bank of India will raise Rs.7 billion from $127. They would also seek additional information for the creation of the National Population Register (NPR). by the U.18. Raja. honour the Victims of Slavery and the Transatlantic Slave Trade. The Trust Fund was launched on May 20. computers and the Internet. domestic LPG and kerosene. Census 2011 will be conducted between February 9 and 28.N. raising hopes of the country breaching the $200 billion target this fiscal. India's first Chief Information Commissioner Wajahat Habibullah is the next chairperson of the National Commission for Minorities (NCM). and the EU.5 billion in December 2010 on an annual basis.10. 6.5 per cent to $164. Britain is likely to impose new restrictions in the grant of visas for India and other non-EU countries in line with the government's promise to reduce immigration and curb visa abuse. Registrar-General and Census Commissioner C. The Rs. Hardeep Puri.5. of a resolution seeking to commemorate the 200th anniversary of the abolition of the transatlantic slave trade in 2007. religion. The memorial will be located in the lawns of the United Nations headquarters in New York and the symbolic handing-over was done by India's Permanent Representative to the U. With the international crude oil prices breaching the $100-a barrel mark in the oil futures market. according to an official missive.N. The Chiang Mai Initiative (CMI) is a multilateral currency swap arrangement among the ten members of the Association of Southeast Asian Nations (ASEAN). It draws from a foreign exchange reserves pool worth US$120 billion and was launched on 24 March 2010. 3. 4. following the adoption.33 for each person. During April-December 2010. occupation and education. the People's Republic of China (including Hong Kong). Chandramouli said that the census conducted across 35 States and Union Territories. the highest in 33 months. enumerators would collect such information as ownership of mobile phones. 6. First phase of house-listing was done from April to September last year. 7.2.13 billion in the corresponding period last fiscal. 5. While a column on the Scheduled Castes and the Scheduled Tribes would be there in Census 2011. Riding on the back of increased demand from the U. All citizens would be counted. according to their gender. marginally higher than $80. The Centre proposes to create a biometric database of all workers covered under the Mahatma Gandhi National Rural Employment Guarantee Scheme.1 billion year-on-year.200-crore exercise would cover all citizens living in 7. 3 February 2011 1. A.000 crore through bonds to augment its capital base to meet the growing business requirements.742 towns and six lakh villages in 640 districts. 8. immigration officials have assured New Delhi that they will use “good judgment and common sense” while handling the case. including diesel. 9. 2009.4 per cent to $22. work-site attendance and wage payments. the government decided to hold caste-based enumeration as a separate exercise from June to September 2011. The trade deficit during April-December stood at $82 billion. After a strong protest from India against the radio-tagging of Indian students duped by a California university. India's exports rose a record 36.S. Information Technology Minister. this census is also being Page 39 . outbound shipment grew by 29. having treated or untreated drinking water facility and banking services. Japan. For the first time. and South Korea. With the expenditure of a mere Rs.

all persons above 15 would be photographed and fingerprinted to create a biometric national database. the Ministry of External Affairs will host a Ministerial meeting of 45 least developed countries here.considered the most cost-effective. The exercise will mark a milestone as the first ever NPR will also be prepared. The new DTAA has been renegotiated in line with international standards and will replace the existing double taxation avoidance convention (DTAC). The data of migrant population will be collected on the night of February 28 at airports. External Affairs Minister S. Dependent children of persons with leprosy will now be eligible for free higher education thanks to the initiative taken by the Union Ministry of Human Resource Development. and Bangalore centre set for commissioning by the middle of this year. a wholly-owned government company.200 crore through the public issue of tax-free bonds for funding infrastructure projects. Once the NPR's final database was created. 19. established in 1970. plans to raise up to Rs. After a mini-gathering of east African nations on February 10. 12. 7. seaports and bus terminals. For permanent membership. 20. The University Grants Commission (UGC) recently instructed all State and Central universities to explore the possibilities of providing free education and/or vocational degree to the dependents of leprosy-affected persons. The permanent category should be increased from five to 11. The non-permanent category should be increased from 10 to 14 or 15. 13. The group has sought restrictions on using the veto by proscribing it under conditions such as genocide. crimes against humanity and serious violations of international humanitarian law. India would probably become the first democratic nation in the world that has its population fingerprinted in a year from now. 17.1. ethnic cleansing and terrorism. Cyclone Yasi strikes Australia 14. With this. Germany. 9. This group has decided to seek the expansion of the Council from 15 (five permanent and 10 rotating) to 25 or 26. (IIFCL). with two each of the new members from Africa and Asia and one each from South America and the Caribbean. 8. The Planning Commission launched a dedicated website to elicit suggestions and views of the people for formulating the XII Plan (2012-2017). World Trade Centers' Association (WTCA) expect at least 15 more WTCs in the country over the next five years with Kochi centre being the third fully functional centre in India after Mumbai. in which India is a non-permanent member for 201112. Brazil and Japan. Subrahmanyam passed away. India Infrastructure Finance Company Ltd. 11. The National Association of Software and Service Companies (Nasscom). India will host an African summit in Ethiopia in the middle of this year. On the sidelines. President Som Mittal said the Indian IT-BPO sector was estimated to grow 19 per cent in the current financial year to reach $76 billion in revenues. Renowned strategic thinker K. it would be sent to the Unique Identification Authority of India for duplication and generation of UID number and for issue of identity smart card. all of whom claim to be ideally placed for seats on an expanded Security Council. Crude oil prices have soared to a 28-month high at $102 a barrel in the wake of the political crisis in Egypt and the uncertainties in Yemen. 18. G-4 is a grouping of India. United India gets Skoch award 2010 for successful implementation of the financial inclusion initiatives.M. On his return. German Chancellor Angela Merkel will also arrive here around this time of the year. Krishna will leave for New York to attend the first session of the Security Council. India inked a revised new double taxation avoidance agreement (DTAA) treaty with Norway for exchange of information to check tax evasion and prevent the flow of black money between the two countries. war crimes. 10. 15. 16. Page 40 . he will interact with Foreign Ministers from the other G-4 countries. railway stations.

providing alerts to all Indian Ocean Rim (IOR) countries. 9. Railway Minister Mamata Banerjee announced the setting up of a wagon component factory near Nandigram in West Bengal. it was expected to come down to 7 per cent. the Nature Forever Society (NFS) has decided to launch Project SOS: Save Our Sparrows by distributing 52. in 2012. 3. The round-the-clock Indian Tsunami Early Warning Centre will.000 crore by use of energy efficient and environment friendly coal technology at its 4. Pro-democracy demonstrators in Egypt have mounted fresh pressure for the immediate exit of President Hosni Mubarak by mobilising hundreds of thousands of supporters at Cairo's Tahrir Square. who headed the Technology Advisory Group for Unique Projects (TAGUP). National Mineral Development Corporation (NMDC) is all set to acquire two iron ore mines in Australia .000 MW Ultra Mega Power Project at Sasan in Madhya Pradesh. 7. Mohamed ElBaradei. 4. 8. 6. 10. 4.5 to 8. submitted the seven-member group's report to Mr.2.75 per cent. 2. institutions and organisations across the country. 3. head of the coalition of National Association for Change was among protester. which houses the Tsunami Early Warning Centre. Unique Identification Authority of India (UIDAI) Chairman Nandan Nilekani. Mukherjee. using super-critical technology. Thein Sein. Sasan project. The two organisations will also collaborate to provide state-of-the-art biometric and identity authentication services. As a prelude. which affected the poor “harder” and posed a serious threat to the country's growth momentum. The Department of Posts announced a strategic partnership with the Unique Identification Authority of India (UIDAI) for registration and distribution of unique identification (UID) project AADHAR cards to citizens. a five-day meeting of experts from 17 countries will be held next week at the Indian National Centre for Ocean Information Services (INCOIS) here. biodiversity and food sovereignty of the country. Hyderabad Declaration that was adopted by a round table on Genetic Engineering (GE) in food and farming wanted the Central government to make India GM-free. Union Finance Minister Pranab Mukherjee said that the 2011-12 Budget will project the country's annual average Gross Domestic Product growth at 8. become a regional provider. As the countdown to the World Sparrow Day (WSD) on March 20 — a celebration of the muchcherished but fast-disappearing sparrow — begins. 5 February 2011 1. octroi and local taxes for taming inflation. was elected Myanmar's first President under its 2008 Constitution. Planning Commission Deputy Chairman Montek Singh Ahluwalia said that by March. has been registered with the Clean Development Mechanism Executive Board of United Nations Framework Convention on Climate Change (UNFCCC). Prime Minister Manmohan Singh asked States to consider waiving mandi taxes. Government decided to allow non-resident Indians (NRIs) to vote in the country.4 February 2011 1. a military general-turned-civilian leader. The registration with CDM-EB allows the Sasan project Page 41 . 5. Anil Ambani owned Reliance Power on Friday said it expected to generate over Rs. It has called for moratorium on Genetically Modified (GM) crops and foods for the next 50 years till it was convincingly proved that GM crops and foods were not harmful to people. 2.000 bird feeders to interested citizens.

7 February 2011 1. 2. It is a 3. Tromsø. Norway for joint polar research. The Union Government had decided to establish SDCs across the country to impart technical skills to the educated. in Madhya Pradesh. The Indian Air Force on Saturday inducted the tactical airlift transport C-130J Super Hercules aircraft at the Hindon Air Force Station. pro-democracy movement. 3. 3. Comptroller and Auditor General (CAG) has started inquiries into a 2005 agreement between the Indian Space Research Organisation's commercial arm Antrix Corporation Ltd. Fathimath Dhiyana Saeed. 6 February 2011 1. Ram Baran Yadav administered the oath to newly-elected Prime Minister and chairman of the Communist Party of Nepal (Unified Marxist Leninist) Jhalanath Khanal. Aadhaar is envisioned as a number that will make it possible for Indian residents to easily establish their identity in order to facilitate their interaction with various public and private agencies across the country.960 MW (6 units of 660 MW each) super-critical technology based pit-head coal-fired power generating plant at Sasan. 4. marking yet another step forward for the 2.to earn certified emission reduction (CER) credits. The Rail Coach Factory in Kapurthala on Friday rolled out 15 coaches of the country's first jerk-free Duranto express train to be run on the Mumbai-Secundrabad section this month. Page 42 . It is also setting up its Arctic research station ‘Himadri' at Nye-Ålesund in the Svalbard region of Norway in 2008 4. 2010 and It is also the first registrar of the UID Project to hand over these cards in Jangipur in Murshidabad district of West Bengal. unemployed youth in order to make them more employable through the specially designed skill development programmes. Union Finance Minister Pranab Mukherjee launched the LIC-Aadhaar project of the Life Insurance Corporation of India (LIC). and the Norwegian Polar Institute. SAARC will get its first woman Secretary-General in its silver jubilee year — the former Maldivian Attorney-General. LIC of India became the first institutional partner of the Unique Identification Authority of India (UIDAI) by signing an MoU with UIDAI on June 9. so no duplicates can creep into the system. The Sasan project is the first UMPP to be registered with the CDM–EB. 5. India. A meeting was organized in this context by the Ministry of Earth Sciences and the Royal Norwegian Embassy in collaboration with the Ministry's National Centre for Antarctic and Ocean Research (NCAOR). LIC-Aadhaar project is the implementation of the UID project of the Unique Identification Authority of India (UIDAI) wherein LIC is delivering Unique 12-digit Identity “Aadhaar” numbers to Indian residents. each equivalent to one tonne of CO2. which is demanding an end to the 30-year-old regime of President Hosni Mubarak. The entire top leadership of Egypt's ruling party resigned. Goa. It is establishing its third Antarctic station at Larsemann in East Antarctica. Maldives will also host the next SAARC summit in November this year. and iris scan. fingerprints (10). It is based on demographic and biometric data like photograph. Nepal's President Dr. and Devas Multimedia Private Ltd. 5. India established its first Antarctic research station Gangotri in 1983 and the second permanent station Maitri in 1989. The Centre has sanctioned skill development centres (SDC) in Bangalore and Gulbarga.

Chief Economic Advisor Kaushik Basu said a 9 per cent economic expansion for the next financial year was well within target. 9 February 2011 1. Central government said that it was in the process of reviewing the deal between the Indian Space Research Organisation's commercial arm Antrix Corporation Ltd. 9.6 per cent economic growth estimates released for the current fiscal were satisfactory. the “super-rich'' would be able to literally buy their way into Britain under new plans to attract wealthy investors. Union Finance Minister Pranab Mukherjee on Monday said the 8. which referred to the contract entered into between Antrix.2 billion in the same period in the previous year due to higher imports. The Union Ministry of Environment and Forests issued a notification banning the use of plastics for packaging ‘gutka' and other tobacco products. CPI for rural labourers and CPI for urban nonmanual employees. 2 lakh crore. depending on how much money they bring in. urban and combined (rural and urban). The U. The Central Government announced that beginning with the month of January. Media reports said the proposed rules would not only make it easier for the rich to enter Britain but. The reports had pointed out that the equivalent of about Rs.8 billion from $9. CPI for urban and rural is compiled at State.8 February 2011 1. The base for the new series will be January-December 2010. South Asian Association for Regional Cooperation (SAARC) Foreign Ministers meeting is going to be held in Thimphu (Bhutan). These consumer indices will be available for five major groups — food. 7. and miscellaneous. “The Central Statistical Organisation (CSO) will also compile a national CPI by merging CPI (rural) and CPI (urban) with appropriate weights. The Prime Minister's Office (PMO) said in a brief statement that it had not taken any decision to allocate ‘space segment' (wireless radio frequency under the control of the Department of Space) in the S-band spectrum to Antrix Corporation or Devas Multimedia Private Limited. 3. and the Bangalore-based Devas Multimedia Pvt. that gave Devas free access to scarce spectrum worth an estimated Rs. and the Bangalore-based Devas engaged in developing multimedia and information services via satellites. beverages and tobacco. The Plastic Waste (Management and Handling) Rules. 8. The PMO was responding to reports.S. clothing. Even as visa rules for ordinary people are being tightened with an annual cap for non-European Union nationals set to kick in soon. . 4. The indices will be released for States/Union Territories and all India. will be released on February 18. reflecting the impact of price rise on common man. they would be able to obtain British residency rights without going through too many hoops. housing. a new consumer price series for rural. 2011 also bans the packaging of foodstuffs in recycled plastics or compostable plastics. the commercial arm of ISRO. Transgenders have been officially recognised in Census 2011 as a third gender. the Current Account deficit (CAD) surged by 72 per cent to $15. Anant said. is mounting pressure on Pakistan at various levels to secure the release of the American “diplomat” who has been in police custody since January 27 for killing two armed Pakistanis in “self-defence” in Lahore. putting an end to their relentless struggle in search of an identity of their own. 5. CPI for agricultural labourers. Islamabad has denied permission to a team of the National Investigation Agency to visit Pakistan to interrogate the masterminds of the Mumbai terror attacks. Ltd.” Mr. 2. The government will continue to release four CPI (Consumer Price Index) inflation series — CPI for industrial workers. bedding and footwear. 500 crore for Page 43 . 6. The government proposes to release provisional indices for one year 10. fuel and light. UT and all-India level. In the July-September quarter this fiscal.

and unmanned surveillance drones. 9. Argentina and the Marshall Islands — where money was believed to have been stashed away. The Indian Air Force (IAF) will deploy more low-level aerial surveillance systems in the peninsular 2. Ambassador to India Timothy J. Environment and Forests Minister Jairam Ramesh has sought a proposal from Karnataka for declaring the Kudremukh National Park a tiger reserve. many of the tax havens now agreed to end banking secrecy. 5. gliders. the international air show will be beginning in Bangalore.10 lakh. The U. Aero India 2011. The government had completed negotiations for the Tax Information Exchange Agreement (TIEA) with 10 countries — Bahamas. Banks provide 1 per cent interest subsidy for home loans of up to Rs. Monaco.000-km-long coastline against hostile low-flying aircraft. 10 February 2011 1. As a consequence of the initiative and pressure brought by India. Corporate Affairs Minister Murli Deora said he would meet the industry and professionals next week to finalise the revised draft of the Companies Bill 2009. Bermuda. In a little more than five months. The Reserve Bank of India said non-resident Indians (NRIs) would not be eligible for incentives on interest on home loans of up to Rs. Roemer said that India would be able to get “huge benefits” by signing the Logistics Support Agreement (LSA). the British Virgin Islands.8 per cent of the ballots cast were for secession from Sudan's north. India is also actively participating in the Global Forum on Transparency and Exchange Information for Tax Purposes as a member of the steering group and as vice-chair of the Peer Review Group of the Global Forum. 7. the Communication Interoperability and Security Memorandum of Agreement (CISMOA) and the Basic Exchange and Cooperation Agreement for geo-spatial cooperation (BECA) agreements with the U. The Pesticides Manufacturers and Formulators' Association of India (PMFAI) has opposed moves by the European Union (EU) to push for a global ban on Endosulfan – a broad-spectrum pesticide active ingredient — saying it was aimed at benefiting the European crop protection industry. The protocol amending the DTAA with Switzerland had also been signed and it would come into force after internal processes of ratification were completed by that country. Final results from last month's independence referendum announced show that 98. St Kitts and Nevis. who are regrouping to influence future negotiations that could lead to Egypt's transition to a democracy.S. 5. The Centre proposes to incorporate new provisions in the Direct Taxes Code Bill for unearthing black money by defining a taxable asset as inclusive of deposits in banks located outside India in the case of individuals if such deposits are not records in the books of accounts. the Cayman Island. 4. 4. 8. 6. 3. which the agreement for the lease of transponder capacity was entered into was grossly short of what the initial estimates from the audit carried out by the Office of the Comptroller and Auditor General had suggested. Pro-democracy reformer Mohamed ElBaradei is fast emerging as the natural ally of young protesters camping at Tahrir Square. Government had initiated negotiations with 65 countries to amend the Double Taxation Avoidance Agreement (DTAA) and broaden the scope of the article on exchange of information. which seeks to replace the over 50-year-old Act. It would allow India to Page 44 .2. region to guard the country's 4. Southern Sudan is slated to become the world's newest country. the British island of Jersey. 3. Cabinet approval had been granted for eight of these agreements. the Isle of Man.S. 6.10 lakh.

and Space Commission member Professor Roddam Narasimha — will review “the technical. The Page 45 . The London Stock Exchange Group and the Canada's TMX Group will merge to create a combined entity with a total market capitalisation of about 3. The Election Commission (EC) has asked the Central Board of Direct Taxes (CBDT) to monitor airports. 8.obtain banking information as well as information without domestic interest from Switzerland in specific cases from April 1. 5. the deal will give the Bangalore-based company virtually 20 years of free access to scarce S-band spectrum worth an estimated Rs. as it was considered distortional. The Jammu and Kashmir government will hold the much-awaited panchayat elections after 11 years.029-crore package for States to compensate them for losses suffered by the reduction in the Central Sales Tax (CST) rate during 2010-11. The proceeds are proposed to be used for infrastructure lending activities. major hotels. The Centre informed the Supreme Court that all marriages in the age group of 16 to 18 should be treated as voidable at the instance of either party to avoid the problem of girls below the age of 16 giving consent for marriage and making it valid.000 each and the minimum subscription is for five bonds. The Union Cabinet approved a Rs. The two-man committee — comprising Planning Commission member and former Cabinet Secretary B. 7. with a new law. commercial. West Bengal. If implemented. The bonds will have a face value of Rs. 1867. The Justice Shivraj Patil Committee has criticised the ‘first come.7 trillion pounds. first served' (FCFS) policy adopted by both the UPA and the NDA governments between 2001 and 2009 for giving telecom licences and allocating 2G spectrum. deal between Antrix Corporation and Devas Multimedia.K. hawala operators and financial brokers to curb money power during the Assembly polls in Assam. Tamil Nadu.2 lakh crore. was reduced from 4 to 3 per cent in 2007-08 and further to 2 per cent in 2008-09 after the introduction of VAT. The TMX Group operates the Toronto Stock Exchange. 11. 10. Reliance Power is building a 2. Chaturvedi. The Human Resource Development Ministry has set up a three-member committee to separately hear each of the 44 deemed-to-be-universities — found unfit to retain the deemed university status by a review committee constituted by the government — and prepare a reasoned and comprehensive report to be placed before the Supreme Court by April 25. India Infrastructure Finance Company Limited (IIFCL) has come out with a public issue of longterm infrastructure bonds for raising Rs. 12. 13. The CST.1. 3. railway stations. Prime Minister Manmohan Singh constituted a high-power committee to review the controversial 2. 7.” Short of calling it composite dialogue.400-MW unit adjacent to its Samalkot plant in Andhra Pradesh.200 crore in one or more tranches. 11 February 2011 1. a tax on movement of goods from one State to another. 2011. The Union Cabinet gave its nod to replace the age-old Press and Registration of Books Act. 9. 1. Kerala and Puducherry. 4. India and Pakistan have agreed to hold wide-ranging talks on all issues they have been discussing before the November 2008 Mumbai attacks. Anil Dhirubhai Ambani Group (ADAG) company Reliance Power asked the Centre to ensure natural gas allocation for its group's power projects. like the expansion being planned at Samalkot unit in Andhra Pradesh. according to a simultaneous announcement in both countries. procedural and financial aspects of the Agreement between Antrix (the commercial arm of ISRO) and (Bangalore-based private firm) Devas Multimedia Pvt Ltd taking into account the report for internal review conducted by DoS.

security services. 14. unless a member resorted to. Though preliminary analysis of the census indicated that their numbers might have increased In 2007 census showed a sharp fall in the number of tigers in the country. India had only 1. A decision on the much awaited 126 Medium Multi Role Combat Aircraft (MMRCA) is expected to be taken next month and the contract could be signed by September this year . According to it. The Union Ministry of Rural Development has approved 14 projects for skill training leading to placement in urban settings. A computer analysis was being done to ascertain their presence. institutions. 6. has.V. Russian MiG35. 125 crore.V. The details of finances of political parties in the country will be soon available on a new section on the Association for Democratic Reforms (ADR) website from February 12. leaders of the banned United Liberation Front of Asom (ULFA) opened unconditional talks with the Union government with the aim of finding a “just and honourable solution” to the problem of insurgency in Assam. Election Commissioners . while the training partners or employers will bear the remainder. The one-year training will begin as soon as the respective State governments initiate action in this regard. Naik. computer-based accounting and teaching. with this. Quraishi. Boeing (F/A-18 Super Hornet). 12. stepped up the pressure on political parties demanding accountability from them. 11. The Ministry has worked with the Page 46 . National Advisory Council that wants nearuniversalisation of the public distribution system and the C.States have estimated the loss at Rs. Six manufacturers. Prime Minister Manmohan Singh said that the government was committed to bring to Parliament a Right to Food Act which would serve as a viable safety net for the poor and the vulnerable sections among whom malnutrition was particularly high. About 80. violence or public disorder.000 youths from Below Poverty Line families are to be imparted job-oriented skill training under the National Rural Livelihood Mission. comprising over 1200 NGOs and citizen-led organisations working on electoral reforms. Rangarajan experts group that suggested that only the vulnerable sections (below poverty line population) be covered under the proposed Bill.411 big cats left in the forests. 7. a nation-wide campaign. which would mark a “profound paradigm shift in the way we approach the forests and forest management.S.Y. These youth can look forward to entry-level jobs in apparel. in association with National Election Watch (NEW). 165 crore. The Centre will contribute 75 per cent of the expenditure. has got the IT returns of almost all national and State-level political parties through a process of filing Right to Information applications. Cassadian's [formerly EADS) Eurofighter. construction.Chief of Air Staff P. Rs. ADR. 10. handloom. 20. 9. at an estimated cost of Rs. By 2015 the Planning Commission would report not just GDP as a conventional measure.000 crore this fiscal on this account and are demanding reimbursement of the same. Chief Election Commissioner . Sampath and Harishankar Brahma. It would also incorporate the loss of natural wealth and loss of the country's biodiversity because of developmental pressure. though the programme is yet to be launched formally.2 billion. about Rs. or incited people to. to be executed through privatepublic partnership mode. electrical and hospitality facility management sectors. SAAB (Gripen) and Dassault (Rafale) are vying for the order that is estimated at $10. Results of a scientific census of tigers would be made public by next month-end. retail. 40 crore. Lockheed Martin (F-16 Super Viper). The Supreme Court reiterated its ruling that mere membership of a banned outfit could not be treated as a ground for criminality. women's self-help groups and communities with technical and managerial assistance from the Forest Department. The Environment Ministry would soon launch a Green India Mission. 13. NEW. It would be implemented through local bodies. It was being carried out through cameras installed at strategic points such as water bodies. textile and leather. 8. For the first time in the past 31 years.S.

Page 47 . 16. 5.N.6 per cent growth a year ago. the State Government concerned and sponsor banks in the proportion of 50 per cent. 18. State Bank of India started an exclusive gold banking unit at Tiruchi. 19. After Britain's Prince Charles and Sir Richard Branson. 15. Under the agreement. Kurup. The bank offers a nominal interest for a term ranging from three to five years. India announced it had entered into a pact with the British Virgin Islands for exchange of information to check tax evasion and money laundering. In effect. release of Central funds would be contingent on proportionate release of the share of the State Government concerned and the sponsor banks. US Secretary of Commerce Gary Locke met the famous dabbawalas in Mumbai to understand their unique coding system for efficient delivery of lunch boxes across the city and ended up praising them for their management model. there is a specific provision for providing banking and ownership information and the requesting state has to provide some minimum details about the information requested. The manufacturing segment.manufacturers to work out the off-set obligation. Egypt's President. On Pakistan's protests against India's dam-cum-power project in Kashmir across the Kishanganga. The disappointing numbers came just days after the government's prediction of encouraging 8. Industrial growth during April-December this fiscal stood at 8. Union Water Resources Minister Salman Khursheed said the matter was in the International Court of Arbitration in Geneva. Hosni Mubarak. 15 per cent and 35 per cent. The Union Cabinet on Thursday approved capital infusion of Rs. 7. The Central Government approved the follow-on public (FPO) offer of the state-run lending agency Power Finance Corporation. which has a weight of about 80 per cent on the IIP. The industrial production plunged to a 20-month low of 1. has stepped down. a tributary of the Neelam. the Cabinet approved an additional amount of Rs. managed to grow barely by one per cent in December against 19. which in this case is 50 per cent. This was announced by Vice-President Omar 2. Capacity building fund with a corpus of Rs. 6. unchanged in comparison to the corresponding period of the previous year.6 per cent.” The International Labour Organisation's Decent Work Research Prize has been awarded to economist Jayati Ghosh and Professor Eve Landau. to whom the President's powers have been delegated.6 per cent economic growth this fiscal.1 per cent growth during the same period last year. Prime Minister Manmohan Singh hailed India's first international container transshipment terminal (ICTT) in Vallarpadam island (Kochi) as a triumph of public-private partnership (PPP). respectively. 3. Fali Nariman is appearing for us.100 crore for regional rural banks (RRBs) for improving their capital adequacy ratio.1.6 per cent in December against 18. The issued capital of RRBs is subscribed by the Central Government. The unit also will implement a gold deposit scheme under which a minimum of 500 gram should be deposited with it. 4.V. against 8 per cent in 2009-10. Suleiman. However. 12 February 2011 1.100 crore would be set up by the Central Government with the National Bank for Agriculture and Rural Development (Nabard) for training of the RRB staff in the institution of Nabard and other reputed institutions. The gold banking unit will offer retail and bulk sale of gold. particularly those in the North Eastern and Eastern regions. Jnanpith Award to poet O.700 crore as contingency fund to meet the requirement of weak RRBs. 17. “But there are signals that it could be resolved outside it. . Besides. it means the manufacturers will have to invest 50 per cent of order value in the country.

said Asim Dasgupta. Page 48 . It has suggested setting up of a National Crop Statistics Centre (NCSC) as the nodal agency to undertake the work in collaboration with the Departments of Agriculture and Space. BrahMos. A BATL has made Vikas engine for the liquid stage of Indian Space Research Organisation's (ISRO) GSLV and PSLV. In its latest GST Constitution Amendment draft — the third of its kind — the Centre has proposed the setting up a GST council and this is strongly opposed by the BJP-ruled States. would have its air version tested on Su.000 crore is likely to be released this fiscal. Dr.organised by the IndoAmerican Chamber of Commerce. the Human Development Survey of the NCAER.A. (SAIL) said it planned to invest around Rs. Tamil Nadu. including tractors and inorganic chemicals. will be subsumed under it. To make it participative. The Vaidyanathan Committee of Experts on Agricultural Statistics has recommended restructuring of the methodology for collection of farm statistics in a phased manner to ensure objective. 13 February 2011 1. In a study done by Abusaleh Shariff. Steel Authority of India Ltd. 15. Maharashtra. Once the proposed Goods and Services Tax (GST) is rolled out. have been given incentives. Karnataka. on the Avoidance of Double Taxation on Social Security (Totalisation Agreement). The highest hunger levels are reported by Jharkhand. 10.8. electronics and chemicals. engineering goods. Haryana and Gujarat. Gujarat and Bihar. chief economist at the National Council for Applied Economic Research (NCAER). 3.S. including through Facebook. 13. The new incentives will be effective retrospectively from January 1. Ahluwalia said the approach paper on the XII Plan would be ready by April or May this year. “More than 617 products across sectors. Chairman of the Empowered Committee of State.5. Kerala tops the list followed by Punjab. which has already been inducted into the Navy and the Army. which is based on statistics compiled from a variety of sources: 61st round of the National Sample Survey. 14. Previously Finance Ministers the Union Cabinet approved Rs.000 crore to develop the mines in Chiria and start mechanised mining in the next three years to feed its plants in Bokaro. deprivation data presented by the Sachar committee and the annual reports of the Reserve Bank of India. reliable and timely estimates of crop areas and yields. The Centre agreed to fully compensate the States for the losses they suffered due to a reduction in the Central Sales Tax (CST) estimated at Rs. 12. Out of this. other existing indirect taxes. 11. plastics. Economic Summit .500-crore incentives to six sectors. will get 2 per cent benefit of FOB value of exports to 15 markets under the Market Linked Focus Product Scheme (MLFPS)'' 14. which have shown very little or no growth in exports. 2. 9. Chief Executive Officer of BrahMos . the Planning Commission is inviting comments from all segments of the society. including the CST. 375 new products. Maharashtra.029 crore as compensation to States for CST loss in 2010-11. Seventh Indo-U. Union Commerce and Industry Minister Anand Sharma announced Rs. covering 600 products. High hunger States are Orissa. Chhattisgarh and Madhya Pradesh. Of this Rs. Durgapur and Rourkela. Burnpur. World's largest cell phone maker Nokia and software giant Microsoft will form a broad strategic partnership. Deputy Chairman of Planning Commission Montek Singh Ahluwalia said there had been significant progress in negotiations between India and the U.S.000 crore in 2010-11. Sivathanu Pillai and BrahMos Aerospace Thiruvananthapuram Limited (BATL) is at Chakka (Thiruvananthapuram). including agriculture.30 MKI aircraft next year. 7.

indigenously built aerostat. submitted its report in September last. headquarters here to step up their campaign for “urgent” reforms of the U. exports rose by 32. rice output is expected to be 94. In the second advance estimates for 2010-11. Musharraf. there are no specific laws or regulations to regulate volunteerism in India. The four Ministers met General Assembly President Joseph Deiss to discuss Security Council reform. Brazil.'' 10. 9.9 million bales of 170 kg each) this year. the country's total government spending on education is about 3. equipped with an electric optic sensor camera capable of capturing clear images of the enemy territory without crossing the border.6 billion in January on an annual basis driven by pick-up in demand from traditional markets of the U. Veteran Kathak guru Reba Vidyarthi died.5 per cent to $20. the National Accreditation Council of India (NACI). Germany and Japan — the G4 nations — met at the U.4 per cent to $22. The total food grains output is expected to be 232. National Food Security Mission.07 million tonnes. Mr. As of now.Y. India's total budgetary spending on health was only 1. which is only marginally lower than the record production of 234. 8.47 million tonnes). of raising government spending on education to 6 per cent of Gross Domestic Product (GDP).5 billion on an annual basis. The government's commitment in 2004 to raise the country's budgetary spending on health to 2 to 3 per cent of GDP remains unfulfilled. 6.The seven-member task force. 4.4 per cent to $184.51 million tonnes) and cotton (33. In December 2010. Growth in agriculture sector would be about 5. on the lines of the Bar Council and the Press Council of India.4 per cent. over the assassination of ex-Prime Minister Benazir Bhutto. 11. Page 49 .6 billion over the year-ago period. India.3. pulses (16. During April-January period of 2010-11.4 per cent of GDP (as of 2008-09). wheat (81. At present. With the number of non-governmental organisations growing in the country.01 million tones. outbound shipments grew by 29. Except Japan. has suggested the creation of a statutory body. chairpersonship of Director-General of Council for Advancement of People's Action and Rural Technology (CAPART). A task force. the other G4 countries are now on the Council serving as non-permanent members. Raising hopes of India surpassing the $200 billion export target and possibly touching $220 billion. Security Council this year. self-regulatory agency for the voluntary organisations and develop accreditation methodologies by the Planning Commission. India became a non-permanent member of the Security Council in 2011 after a gap of 19 years.N. the government is planning to bring them under a regulatory mechanism to make them accountable.06 per cent of GDP. The Election Commission has suggested to the Union government that the law be amended for making a provision in electronic voting machines to enable voters to exercise the option of not casting their votes (Rule 49-O of the Conduct of Election Rules). In 2009-10. The G4 Ministers also underlined the need for Africa to have a permanent seat on the Council. 5. national level. set up in 2009 under the Mohammad Haleem Khan.47 million tonnes in 2008-09. Pervez Musharraf. the highest in 33 months. shipments grew by 36. constituted to examine the issues related to the evolution of an independent. Union Agriculture Minister Mr. is in self-imposed exile in London.N. who was President when Bhutto was killed in December 2007 in a gun and suicide bomb attack.S. 7. Accelerated Pulses Production Programme. Quraishi said. Chief Election Commissioner S. “the resilience shown by farmers. Akash Deep. The delegation of NGO drew attention of Government to the long-overdue promise. and Latin America. A Pakistani anti-terrorism court issued an arrest warrant for the former President. higher credit and above all. Pawar attributed the bumper production to “focused interventions'' through Rashtriya Krishi Vikas Yojna. is a surveillance system.

553 crore annual rural spending. have been hit by a four-month drought which is worst drought to hit China in 60 years. Mohammad Hashim Ansari. the Centre has evolved a new educational and training methodology for rural development and improving the livelihoods of the rural folk under a Central Training Authority to be set up under a new law currently under consideration. Pune has been given the National e-Governance award. said a detailed note on the issue had been given to the CCS and it would take the final call. dissolved parliament and have set a six2. 2011 which has received the approval of both the Law Ministry and Expenditure Ministry. This is the fourth such TIEA — as it is known in OECD (Organisation for Economic Cooperation and Development) parlance — that India has entered into with so-called ‘tax havens' or jurisdictions. To achieve this. 6.3 per cent. According to National Sample Survey (NSS) of 2005 it was 2. Radhakrishnan. 5. an ambitious curriculum to train and educate all those involved in the execution of the programmes concerned is on the anvil. The Bombay Stock Exchange (BSE) plans to introduce pre-opening trade in IPO (initial public offer) stocks on the day of listing. A project on the use of geoinformatics in the implementation of the Forest Rights Act. Physically-challenged persons will be counted in Census 2011. a practice that is currently only permitted for Sensex stocks and 20 other large cap counters. and heads both ISRO and Antrix. The Union Ministry of Rural Development has come up with the draft National Rural Development Training Authorities Bill.12. 3. said he has decided to file an appeal in the Supreme Court today against the High Court's verdict as all efforts by him to find an out-of-the-court settlement have failed. as par 11the planning commission report it was six per cent while the United Nations estimates are at six per cent. After the Space Commission meeting its Chairman K. Contrary to the claims being made by Devas Multimedia that any decision on its controversial deal with the commercial arm of ISRO — Antrix Corporation — will be taken after the submission of the report of the two-man committee formed by the Prime Minister on the issue. followed by a pact with the Isle of Man last week and the third with British Virgin Islands earlier this week. These are in line with the double taxation avoidance agreements (DTAAs) with other sovereign countries which have been revisited with the primary objective of tracking black money and terror financing. This mass-based decentralised capacity building process. 4. To ensure proper use of its Rs. intends to develop skills of 40 lakh hands annually. government sources said it was up to the Cabinet Committee on Security (CCS) to take a final call as the annulment of deal had already been approved by the Space Commission and the Law Ministry. Egypt's new military rulers have suspended the constitution. who is also Secretary. Among the three TIEAs that India has entered into with such jurisdictions till now. 8. which account for 80 per cent of the country's total wheat output. 86. the oldest litigant in the Ayodhya title suit. month timeline for holding fresh parliamentary and presidential elections. 14 February 2011 1. India has inked a Tax Information Exchange Agreement (TIEA) with the Bahamas based on international standards of transparency for exchange of banking and ownership information to check tax evasion and money laundering. Page 50 . 2006 in Maharashtra by the Tribal Research and Training Institute (TRTI). 7. The Census 2001 had pegged their numbers at three per cent. 2010-11 (Silver) in Aurangabad. the first of its kind among developing countries. the first was with Bermuda in October last year. Department of Space (DoS). Eight of China's major wheat-growing provinces.

Overall inflation based on the wholesale price index (WPI) eased a tad to 8. The World Bank has stated in its latest report that India can generate 68. Concerned at the wastage of public funds. in the first full year of operation in 2010. The production value of weapons and systems developed by the Defence Research and Development Organisation (DRDO) had crossed Rs. Page 51 . The government has set an ambitious target of installing at least 44.23 per cent in January from 8. Japan has held the title of world's second largest economy for 42 years. had to be augmented to 3 per cent. picked up Best Actor 9. France.1 lakh crore during the six years. led to a 46 per cent growth in trade. cooking gas and fertilizer subsidies to beneficiaries directly. Argentina. The King's Speech won the Best Film award at the British Academy of Film and Television Arts (BAFTA) awards ceremony. 4. Gay couples in Britain are to be allowed to “marry” and given the right to hold traditional weddings. At present. The countries with which India has signed similar pacts are Russia. India will soon sign its ninth civil nuclear agreement with its negotiators having finalised the text with South Korea. the Centre has set up a inter-ministerial task force. the United States. 7. 5.6 a unit from renewable energy sources. 2. This facility will be export-oriented. which was just 1 per cent of the Gross Domestic Product. costing less than Rs. Prostitutes also have a right to live with dignity under Article 21 [right to life] of the Constitution since they are also human beings and their problems also need to be addressed. R&D and setting up of civil nuclear plants. to suggest ways of giving kerosene.000 MW of additional capacity of renewables in the next 10 years. India has signed a Comprehensive Economic Cooperation Agreement (CEPA) with South Korea which. Many analysts such as World Bank and Goldman Sachs have been quoted that China may overtake the United States as the number one economy by 2025. 10. Kazakhstan.47 trillion in 2010.000 MW of power. Lockheed Martin Corporation and Tata Advanced Systems (TAS) announced the formation of a new joint venture company — Tata Lockheed Martin Aerostructures — to manufacture aerostructures for the C-130 aircraft produced by Lockheed Martin. 6. The Power Finance Corporation (PFC). 12.15 February 2011 1.70 lakh MW from all sources of energy. who plays the film's stammering monarch. Mongolia. Japan's nominal GDP. A delegation of all-party representatives from Andhra Pradesh asked Prime Minister Manmohan Singh to implement the recommendations of the Justice Usha Mehra Commission that suggested introduction of a Constitutional Amendment Bill in Parliament allowing the States to sub-categorise Scheduled Castes. the installed capacity of the country stands at about 1. The Supreme Court directed the Centre and the States to prepare schemes for rehabilitation of physically and sexually abused women all over the country. lower than China's figure of nearly $5. the United Kingdom and Canada. 3. Some are pure fuel supplies pact while others include all aspects of the relationship such as fuel supply. While Union Power Minister Sushil Kumar Shinde announced that the Ministry of Environment and Forests (MoEF) had given the green signal for the 4. before adjustments for prices. headed by UIDAI chief Nandan Nilekani.43 per cent in December 2010 owing to a marginal fall in the prices of sugar and wheat although fruit and vegetable prices continued to rule firm. nodal agency for implementation of UMPPs in the country.8 trillion. Budget allocation for science and technology. The pact with South Korea will focus on the last two aspects. 8. 11. totaled $5. as Colin Firth. Japan has now relinquished its position as the world's second largest economy to China.000-MW Ultra-Mega Power Project (UMPP) at Bedabahal in Orissa.

promoted by the HRD Ministry. 12. United Liberation Front of Asom (ULFA) chairman Arabinda Rajkhowa said Prime Minister Manmohan Singh had assured the outfit of coming up with a solution that would be honourable and acceptable to the people of Assam. the CARINGS will provide all information on adoption — including eligibility. to streamline the process further and make it more transparent. in the joint naval exercises by India and the United States.16 February 2011 1. which has the highest concentration of U. The NCHRH and the NCHER draft Bills — proposed as regulatory bodies — have been pending for the past several months as the two ministries were involved in a tussle over the jurisdiction of medical education. 2. headed by Chief Economic Advisor Kaushik Basu. Inter-Ministerial Group (IMG) on Inflation. 8. Italian Prime Minister Silvio Berlusconi is to stand trial on charges of abuse of power and paying underage prostitutes for sex — a crime in Italy despite the fact that prostitution is legal. Chidambaram and thanked him for his assistance in the release of noted qawwali singer Rahat Fateh Ali Khan detained at the Delhi airport for allegedly carrying a huge quantity of cash. the United Arab Emirates and Saudi Arabia. That would be just under 11 per cent of the $14 trillion economy — the largest proportion since 1945.65 trillion this year. Aid amounting to more than £1 billion over the next four years would continue until 2015 in order to tackle widespread poverty and malnutrition. the documents required and the laws guiding adoption. if a spring drought followed the on-going four-month-long dry spell. United Nations Food and Agriculture Organisation (FAO) warned that two-thirds of China's wheat crop could be at risk. Launching the web-based Child Adoption Resource Information and Guidance System (CARINGS) for the autonomous Central Adoption Resource Authority of India (CARA). 3.5 per cent on their deposits for 2010-11. Page 52 . The expert group of the Ministry of Health and Family Welfare and the task force of the Ministry of Human Resource Development (HRD) broadly agreed to settle their turf war over the jurisdiction of medical education. 10. including the Gulf. Thousands of protesters converged at the symbolic Pearl Roundabout. Kuwait. a famous monument representing the six Gulf countries: Bahrain. About 4. Minister of State for Women and Child Development Krishna Tirath said adoption guidelines were being amended and would be notified soon. while all health-related research will come under the purview of the National Commission for Higher Education and Research (NCHER). 6. 14. The British government has decided to continue the more-than-£280-million development aid it gives to India annually provoking protests from Tory MPs and campaign groups who questioned the “logic” behind “pouring” millions of pounds into one of the world's fastest growing economies when Britain itself was in the throes of a recession. Developed by the National Informatics Centre. Marines in the region. Patil Committee constituted to examine the appropriateness of the telecom policies and allocation of spectrum from 2001 to 2009. The political upheavals in Tunisia and Egypt have now begun to have a serious impact on other parts of West Asia. 11. 7.71 crore subscribers of the Employees' Provident Fund Organisation are likely to get an interest of 9. 9. 5. The budget plan President Barack Obama sent Congress on foresees a record deficit of $1. The National Commission for Human Resources in Health (NCHRH) will get to lay down the minimum standards of medical education. Justice Shivaraj V. These will be held off the Okinawa coast.S. for the second year running. 4. The Japanese Navy will take part. Oman. Qatar. Pakistan Interior Minister Rehman Malik called up Union Home Minister P. Tamil Nadu has topped the chart (after Andhra Pradesh and Uttar Pradesh) in terms of foreign tourist arrivals for the year 2010. 13.

saying an estimated 44 million people had been pushed into poverty since the middle of last year by soaring commodity prices. 7. which has been monitoring the intensity of fluorosis in the endemic areas (Assam. Delhi's Indira Gandhi International Airport (IGIA). After resisting the Opposition demand for over three months. The minimum support price of wheat payable to farmers for this season is set at Rs. agriculture. Besides RGIA. 2011 during ACI conference at the ACI Asia Pacific Regional Conference and Exhibition to be held at New Delhi. the Bank's president.47 million tones.5 ppm. The second advance estimates of foodgrains put the wheat output at 81. Of this. the Food Corporation of India (FCI) and state agencies are targeting a record procurement of 260 lakh tonnes. The awards will be presented on April 7. Prime Minister Jhalanath Khanal and Maoist chairman Pushpa Kamal Dahal ‘Prachanda' have reached a fresh agreement to abide by the spirit of the seven-point agreement signed before Mr.9 billion has been proposed to promote a secure and stable Pakistan with a focus on energy. India and Japan will sign a Comprehensive Economic Partnership Agreement (CEPA). 6. The Cabinet approved a draft Bill seeking to form a tribunal for securing compensation and relief for 2. economic growth.120 per quintal. Madhya Pradesh. 8.26 crore on account of the pollution and water shortage caused by the operation of the plant. Rajiv Gandhi International Airport (RGIA) here has retained its number one position and has been ranked amongst the top airports in its category in the world for the second year in a row in the latest ASQ (Airport Service Quality) rankings of the Airports Council International (ACI). people become more dependent on groundwater even if one or two sources of surface water are available in their villages. U.216. 17 February 2011 1. Rajasthan and Andhra Pradesh) where fluoride content in drinking water is far higher than permissible levels of 0. education. 16.1 billion in financial assistance to Pakistan for the year 2012. Procurement at 253 lakh tonnes was highest in 2008-09. The Maoists would share major portfolios with the Communist Party of Nepal (Unified Marxist Leninist). IGIA's ranking was in the group of 25-40 mppa (million passengers per annum). Robert Zoellick. the government has finally agreed to constitute a Joint Parliamentary Committee to probe the 2G spectrum allocation issue. say that after the emergence of hand-pumps. 5.S. The committee had estimated that the people in the area had suffered a loss of Rs. and strengthening the Pakistan's government. 1. the environmental degradation caused by a Coca-Cola unit at Plachimada in Palakkad district.15. has been ranked fourth. Page 53 . Union Environment Minister Jairam Ramesh will chair a meeting with the Delhi and Haryana Chief Ministers next week to discuss outstanding issues between the two States over the Yamuna and related squabbles over who is guilty of polluting its waters. The Bill was prepared on the basis of the recommendations of a high-power committee set up to study the issue. 4. Khanal's election. A team of doctors and scientists of the Geological Survey of India and the National Institute of Nutrition. $1. 9. Gujarat. 3. which is 16 per cent higher than last year's level of 225 lakh tonnes. The World Bank has given warning of the impact of the rising cost of food. health. said food prices had risen by almost 30 per cent in the past year and were within striking distance of the record levels reached during 2008. Both the airports are operated by the GMR group-led consortia. President Barack Obama has proposed to Congress $3. Fateh Singh Rathore was conferred a Lifetime Achievement Award by the Worldwide Fund for Nature (WWF). With expectations of a bumper wheat production this rabi.

State government will now invoke the provisions of the Insecticides Act. with immediate effect. Environment and Forests Minister Jairam Ramesh and Union Coal Minister Sriprakash Jaiswal had locked horns over mining of coal in sensitive zones.269 crore and the Space Commission at a cost of Rs. Consequently. There were also apprehensions that the government could face a heavy revenue loss owing to the deal. Sharma proposed a two-way trade target of $25 billion by 2014. The Cabinet Committee on Security (CCS). Out of the total installed power generation capacity of 1. India has to import 72 million tonnes to meet domestic demand last fiscal. The economic pact will come into force after the completion of national procedures. 3. Last year. Under the deal. 11. The Union government annulled the controversial deal between Indian Space Research Organisation's commercial arm Antrix Corporation and Bangalore-based Devas Multimedia. 2005. The Indian pharmaceutical industry is set to gain in a big way with Japan. the world's second largest market. including for its existing contractual obligations in view of strategic requirements. 2. the Department of Space (DoS) got the Cabinet approval for the building of GSAT-6 at a cost of Rs. It was found that the DoS got the approvals for building the satellites without making any reference to the fact that they were to be utilised primarily for Devas' benefit. a doubling of the pre-CEPA level. agreeing to open up by removing import duty on generic drugs shipped from India As part of the Comprehensive Economic Partnership Agreement signed between India and Japan. headed by Prime Minister Manmohan Singh declared that the government will not be able to provide the orbit slot in S-Band to Antrix for commercial purposes. This was to be done by leasing 90 per cent of the transponders in satellites GSAT-6 and GSAT-6A that are proposed to be launched by ISRO. The Group of Ministers (GoM). 147 crore under the Commission's delegated powers. the Environment Ministry had prohibited mining in ‘no-go' areas. 13. Japan proposed joint exploration with India for the development of rare earth minerals. The dispute had reached the Union Cabinet after which it was decided to designate it to the GoM to come to a final resolution on the whole issue. The agreement was signed on January 28. 18 February 2011 1. in turn. There were complaints about the manner in which the deal was entered into and the way in which it was being operationalised. almost 50 per cent is based on coal. 1968 (a Central act) and write a Page 54 . Mr. Commerce and Industry Minister Anand Sharma and Japanese Foreign Minister Seiji Maehara signed the bilateral Comprehensive Economic Partnership Agreement (CEPA) in Tokyo. where the forest cover was 30 per cent.59 lakh MW. Tokyo also affirmed its commitment to “the steady implementation” of the Delhi-Mumbai Industrial Corridor (DMIC) and the related Dedicated Freight Corridor. the requirement is likely to go up to 82 million tonnes in the current fiscal and to 142 million tonnes in 2011-12. 12. Despite being the third largest producer of coal in the world. recommending that the government. 14. will meet to work out a solution to the complex issue of ‘go' and ‘no-go' areas in coal blocks. an insecticide. The DoS recently moved a note for the CCS. Karnataka government banned the use of endosulfan. was to pay Antrix a total of $ 300 million over 12 years. The matter came up before the Space Commission at a meeting on July 2 last year. headed by Finance Minister Pranab Mukherjee.10. The high-power panel directed the DoS to instruct Antrix to annul the contract on the ground that there was a tremendous increase in the demand for allocation of space-based spectrum for strategic needs and societal applications. Antrix was to provide 70 MHz of the scarce S-Band wavelength to Devas for its digital multimedia services. take a decision to the effect that due to strategic requirements it would not be able to provide the orbit slot in S-Band to Antrix for commercial activities. Devas. According to the government's estimates.

12. Negotiations on the India-E. Government adopted the new Consumer Price Index (CPI) which has base year 2010. Food inflation declined sharply to 11. 10. 9. India will seek a multilateral platform for automatic exchange of such data at the two-day meeting of G-20 finance ministers in Paris starting February 18. which is a facet of “right to life' under Article 21 of the Constitution.07 per cent in the previous week. Both countries signed Comprehensive Economic Cooperation Agreement (CECA). 4. radio and satellite communication in the next days. Upendra Kumar Sinha took charge as the Securities and Exchange Board of India's Chairman from the outgoing chief. 20 February 2011 Page 55 . So far ONGC plans to set up 30 units in eight cities — including ten in Mumbai and six in Delhi with an NGO. 2006.letter to the Union Government about the ban. Providing free and compulsory education is intended to allow all children in the age group 6-14 live with dignity. A powerful solar eruption that triggered a huge geomagnetic storm has disturbed radio communications and could disrupt electrical power grids. The projects pertain to cleaning the Yamuna in the national capital. 19 February 2011 1. Union Commerce and Industry Minister Anand Sharma proposed the creation of a dedicated fund for the construction of infrastructure projects in India with Malaysian collaboration. Harit Moksha systems. on October 31. NASA said. B. The Supreme Court refused to relax its order banning the sale of tobacco products in plastic sachets beyond March 1. Japan is to extend an aid of Rs. A strong wave of charged plasma particles emanating from the Jupiter-sized sun spot. 5. the Supreme Court said. Mokshda Paryavaran Evam Van Suraksha Samiti. Eight Indian cities will now get cremation systems in Oil and Natural Gas Corporation's Harit Moksha (Green Heaven) initiative. women and children in southern Rajasthan. Adani Group had inked a memorandum of understanding with Australia-based Carbon Energy to form a joint venture to pursue underground coal gasification (UCG) projects in India. the most powerful seen in four years.05 per cent for the week ended February 5 from 13. The Centre banned export of milk powder and its products to check the rising prices of milk. 8. 7.557 crore (Yen 46.401 billion) to India for three projects through its Overseas Development Assistance (ODA) window. 2. crop diversification promotion in Himachal Pradesh and biodiversity conservation and greening in Tamil Nadu. Bhave. 6. tribal population. C. Kerala was the first State to ban endosulfan. The United Nations Economic and Social Council (ECOSOC) has granted special consultative status to Banswara-based Vaagdhara. 11. 3.2. a non-governmental organisation working for empowerment of impoverished and vulnerable groups among farmers. In the wake of the apparent reluctance of certain countries and jurisdictions in sharing tax related information pertaining to tracking black money and money laundering activities.U. has already disrupted radio communication in southern China. 5. which promise to use 60 per cent less wood. Free Trade Agreement (FTA) were entering the endgame stage. The current aid quantum is part of the 2010 Japan International Cooperation Agency (JICA) ODA loan package. could be significant. 4.

with the Finance Ministry reversing its “objection” for the new rate and pave way for issuing a notification by month end. 14.S. which is currently drafting an entirely new law. 2005 for consideration and passing in the budget session of Parliament. They made a demand for an international programme of action aiming at reducing the number of LDCs by half over the next decade after noting that the lack of international efforts led to the number of LDCs increasing from 25 in 1971 to 48 this year. 4. U.054 crore into the bank as part of recapitalisation package. 2. inspired by democratic transitions in neighboring Tunisia and Egypt.5 per cent to the employees' Provident Fund (PF) subscribers for 2010-11 may end smoothly next week. Indian Overseas Bank said the Government has decided to infuse Rs. major economies faced with uneven recovery and downside risks reached a text in the face of tough resistance from China to agree on guidelines for removal of structural flaws in the global economy. The new rate of interest for the PF savings would benefit at least six crore subscribers. 8. Prime Minister Manmohan Singh laid the foundation stones of the country's second National Institute of Design (NID) at Jorhat and the Assam centre of the Rajiv Gandhi Institute of Petroleum Technology (RGIPT) at Sivasagar. by our next meeting in April. the document did not talk about an issue of much interest to India. The United States found itself isolated among the 15 members of the United Nations Security Council on Friday when it was the sole nation to veto a resolution condemning Israeli settlement activity in the West Bank and East Jerusalem. 21 February 2011 Page 56 . said “our aim is to agree. The Finance Ministers and central bank chiefs. Pro-democracy activists in Libya. G20 Finance Ministers reached a compromise deal to correct global economic imbalances and expressed concern over excessive commodity price volatility impacting the world food security in Paris (France). has submitted its final report to the Ministry of Health and Family Welfare. Commodity prices increased 20 to 30 per cent in 2010. according to IMF estimates. 13. China is sitting on a $2. 7. 5. An alert has been sounded in Tripura after the outbreak of bird flu in a State-owned poultry at R.8 trillion forex reserves and is accused by the U. 3.” on a set of indicative guidelines to ensure orderly economic growth. 6. 9. A joint declaration issued at the end of the largest-ever meeting of LDC representatives hosted by India. After two days of hard bargain by their Finance Ministers. The tussle between the Labour and the Finance Ministries on the payment of 9. However. 10. New Delhi wanted G20 to urge all jurisdictions to conclude Tax Information Exchange Agreements so that the menace of black money in tax havens could be tackled.5 per cent interest instead of 8. even though it was summarily rejected by the National Advisory Council. K.-based agricultural bio-technology giant Monsanto has signed a agreement under public-private partnership with the Rajasthan Government. 12. of manipulating its currency Yuan. are facing a harsh crackdown. who could not reach a broad consensus on framing rules for current account deficit and real exchange rate and reserves.S. 11. Nagar.1. set up to look into alleged irregularities in the conduct of studies on use of Human Papilloma Virus (HPV) vaccine by PATH in India.1. The three-member committee. The Union Home Ministry is pushing the Communal Violence (Prevention. Control and Rehabilitation) Bill.

1 tonnes over 578. Pakistani singer Rahat Fateh Ali Khan and his manager have been slapped with a penalty of Rs. India is ranked 86th out of 139 countries in quality of overall infrastructure. Prime Minister's Economic Advisory Council (PMEAC) projected the Indian economy to grow by 8.” the review said. According to media reports.5 tonnes in the previous year.2 per cent of the GDP as against 5. 4. the industrial sector by 9. where heavy fighting has been going on. After the fall of the eastern city of Benghazi. Tran-Scell Biologics Pvt Ltd has announced opening of its stem cell banking and research facility by 2012-end. the government will have to bring down the fiscal deficit to three per cent of the GDP by 2014-15.000 extra visas a year spread across EU's 27 member-States under the proposed India-EU free trade agreement with Britain said to be under pressure to cough up 20.3 per cent (9. 5. 5. 6. Uganda's president Yoweri Museveni reelected. the first of such kind in Hyderabad. being established in Haryana. in Hyderabad association with Pacific Hospitals Pvt Ltd. 7. The farm sector is expected to grow [during 2011-12] by 3 per cent (against 5. India wants up to 50. 3. The National Institute for Food Technology and Entrepreneurship Management (NIFTEM). the battle lines for the control of Libya between the protesters and the government have shifted to capital Tripoli. The institute proposes to prepare detailed project reports for food processing units suited for each State. According to figures released by the World Gold Council (WGC). value addition from 20 per cent to 35 per cent and the share of global trade from 1. 4. A committee headed by HDFC Chairman Deepak Parekh also endorsed the idea of infrastructure funds and said they be allowed to re-finance up to 85 per cent of outstanding debt of infrastructure projects. The revolt is against the regime of President Muammar Qadafi. Page 57 .6 per cent). 3.2 per cent (8. More than 50 per cent of this investment has to come from the private sector. Radha Kumar and former election commissioner M M Ansari. Scientists have estimated the first cosmic census of planets in our galaxy and the numbers are astronomical — at least 50 billion planets in the Milky Way. Centre's fiscal deficit this fiscal is likely to be lower at 5.1 per cent) and the services sector by 10.5 per cent to 3 per cent by 2015. As per the Finance Commission's recommendations.5 per cent estimated earlier. 8.6 per cent this fiscal and inch closer to the pre-crisis level with a bounce-back to 9 per cent in 2011-12. 22 February 2011 1. The initiative is in tandem with the Ministry's plan to increase the level of processing of perishables from 6 per cent to 20 per cent. lakh each and the foreign currency found in their possession. The Central interlocutors for Jammu and Kashmir are journalist Dileep Padganokar. an autonomous body under the Union Ministry of Food Processing Industries.15 2.000 of these. The Indian consumer's insatiable appetite for gold continued unabated in 2010 when it remained the strongest growth market for it and total annual consumer demand for gold grew 66 per cent at 963. The Prime Minister stated that India needs to develop a corporate debt market to meet the projected investment of $1 trillion required to sustain the country's economic growth rate in the 12th Five-Year Plan (2012-2017).1. below other emerging countries such as China at 50 and Brazil at 62 in World Economic Forum's 2010-11 global competitiveness index. academician 2.4 per cent in 2010-11).

4. The CEPA is expected to come into effect from April 1. Tandon to examine applications by the deemed-to-be-universities to review whether they had overcome the deficiencies that would allow them to continue with their deemed status. Mohammad Ajmal Amir Kasab. 150 coin. which was inked in Tokyo. Mongolia. India came out openly against state violence in Libya even as it explored evacuation options for its nationals trapped in the fighting in several cities. While 200 coins will be minted in Rs. Prime Minister Manmohan Singh announced the government's decision to set up a Joint Parliamentary Committee (JPC) to look into the 2G spectrum allocation scam. For the first time in the country's minting history. South Africa and Oman — at a cumulative investment of $12 billion.N. 7. 290 crore on 103 licencees. In an indication of growing synergy between the two major trading partners. 3. obligations for the 2G spectrum. marking the number of years of taxation in India. The Rs. 23 February 2011 1. 5 coins will also be minted in the same fashion. As many as 44 such institutions had been given three years time to overcome their deficiencies in 2009 . Union Government will issue coins of Rs. 8. 150 denomination. has decided to challenge the death penalty recently awarded to him by the Bombay High Court in the Supreme Court. allocation and utilisation of natural resources. Reliance Industries' $7. has bagged the prestigious ‘Emerging Residential Infrastructure Company of the Year' award for 2010. of the Income Tax department. The Centre has imposed a penalty of Rs. 9. Under the India-Japan CEPA. both sides would eliminate import duties on 94 per cent of the goods traded between the two sides in ten years. 6. The Association of Southeast Asian Nations (ASEAN) agreed to deploy Indonesian observers in both Cambodia and Thailand along the disputed stretch of their border near the mediaeval Preah Vihear Hindu temple. Steel Authority of India said it planned to put up four three million tonne manufacturing facilities — one each in Indonesia.2-billion mega oil and gas deal with BP. 100 such coins of Rs. will have an international design with “Satyameva Jayate” and “India” on the front side and a portrait of “Chanakya and lotus with honeybee” on the reverse. 150 denomination. made of an alloy of silver. the lone surviving gunman of the 26/11 Mumbai attack. from 1860 to 2010.6. Indian textiles and pharmaceutical industries would get a major boost from this pact. 7. edging ever closer to the strategic oil bearing area of the country. The special coins will also be brought out in five-rupee denomination on completion of 150 years. copper. 24 February 2011 1. Union Human Resource Development Ministry constituted a four-member task force headed by P. 5 will be issued. Orris Infrastructure. who failed to meet the rollout 2. 3. but the opposition continued to expand its influence in the eastern parts. India-ASEAN trade is expected to touch $70 billion in the next three years. 5. a leading real estate developer. A high-power committee headed by Ashok Chawla has been constituted to look into the pricing. The Rs. Libyan President Muammar Qadhafi appeared to have tightened his grip on capital Tripoli. nickel and zinc. While the temple was awarded to Cambodia by the International Court of Justice in 1962 and a United Nations-sponsored panel more recently declared the place of worship as Page 58 . 2.

Kerala. 10 lakh to Rs. 5. in the distant future. Nearly four years after Indian Airlines merged with Air India. four from BJP and rest from other political parties. the Thai-Cambodian border in the temple vicinity has remained in dispute. Commerce and Industry Minister Anand Sharma said India was aiming to double its exports to $450 billion in the next three years. The cave provides “a safe environment from hazardous radiations. The government has decided to immediately evacuate Indian citizens in Libya following a sharp and unprecedented deterioration in the situation in the country. micrometeoritic impacts. London Brent crude rocketed close to $120 a barrel. a U. 5. Eight members from Congress. India's flag carrier is all set to have a single code for its domestic and international flights from February 27. These will be the new limits to be observed in all States going to the polls this April-May: Assam. Tamil Nadu and West Bengal. The Central government has raised the election expenditure limit for both Parliamentary and Assembly constituencies by around 60 per cent with immediate effect. 4. which were awarded 2G spectrum and licences.84 terabits per second. one of the 11 instruments onboard Chandrayaan. extreme temperatures and dust storms. 40 lakh as against Rs. SBI merged two associates namely State Bank of Saurashtra (2008) and State Bank of Indore (2010). watchdog group said. 25 lakh earlier. 6. The 15. a level unseen since mid-2008. a world heritage site. now stands at Rs. become a shelter for human expeditions. Pranab Mukherjee moved a motion in the Lok Sabha for the appointment of a 30-member Joint 2. while Thailand and Cambodia are also in the 10-member group. Parliamentary Committee to go into the 2G spectrum issue. The spending limit for a Parliamentary constituency in major States. The upward revisions are understood to have been made on the recommendation of the Election Commission of India taking into consideration the demands of the political parties and inflation of costs since 2007 when the last changes were made. In the last two years. 6. The Central Bureau of Investigation told a court here that all nine companies. 3. Bharti Airtel along with 16 other global telcos launched the Europe India Gateway (EIG) cable system that will enhance diversity and capacity between Europe and India.4. Addressing the extraordinary International Energy Forum (IEF) meeting at Riyadh in Saudi Arabia. Petroleum and Natural Gas Minister Jaipal Reddy called for regulation of oil markets and asked the Organization of the Petroleum Exporting Countries (OPEC) to increase production to deal with the emerging crisis. 7. 25 February 2011 1. 7.N. 16 lakh. A 1. as the rising instability in Libya stoked supply jitters across the Middle East and beyond. The limit for Assembly constituencies in the major States moves from Rs. Page 59 . Indonesia is the current Chair of ASEAN. were being investigated. Exports will touch $225 billion in the current fiscal year.000-km-long cable project has received investment of around $700 million and has a capacity to transmit 3. Images of the lava tube were captured by the Terrain Mapping Camera (TMC). State Bank of India (SBI) plans consolidation of remaining five associate banks with itself in the next 12-18 months.7-km long and 120-metre wide cave near the moon's equator could. 8. The 20 members from the Lower House. An analysis by an instrument on Chandrayaan-1 revealed a gigantic lava tube in the Oceanus Procellarum area of the moon that could be a suitable “base station” for future human missions. Libyan leader Muammar Qadhafi is keeping his word about destroying his chemical stockpile for producing mustard gas and has no weapon to deliver a chemical payload.

4. covering various regions. including anemia and underweight.000 crore in the next financial year.000 crore. To mark the 150 birth anniversary of Swami Vivekananda. The Railway budget for 2011-12 held passenger fares and freight rates for the eighth successive year. Anemia is the main indirect cause of maternal mortality.20. the Railways have been allowed. announced a plethora of new trains and production units. Page 60 .000 vacant posts. U. 10. known as “Janam Bhoomi Gaurav.000 shelters would be constructed for those dwelling by the track in Mumbai. over half of the girls under this category (56 per cent) are anaemic. 3. The closure of the shuttle programme will leave a gaping hole in the American space mission. A Pradhan Mantri Rail Vikas Yojna fund would be set up for socially desirable schemes — as a pilot project. To raise money. who is on a short visit to Himachal Pradesh. India has more than 243 million adolescents – the highest in the world. four “Kavi Guru Express” train services.10. Major Mitali Madhumita became the first woman officer to receive a gallantry award in the Army.000 live births in 2008. Air Force to fly weapons. Sealdah. 7.105 crore and an operating ratio of 92. to issue tax-free bonds to the tune of Rs. which stood at 230 maternal deaths per 100. It is NASA's oldest and most journeyed space shuttle. The Russian Parliament ratified an agreement with America on air transit of military cargoes to Afghanistan. the world's highest. Special tourist trains. would be operated.” connecting important historical and educational places. military property and personnel to Afghanistan via the Russian air space free of navigation charges. 9. The RBI will come out with a discussion paper on deregulation of interest rates on savings account. Roemer. 8. would be operated. In addition. nine new Durontos (non-stop high speed trains). Initially four such services would be on the move.8. for the first time. Likewise. 26 February 2011 1. The agreement allows the U.3 per cent. to be celebrated in 2013.” would be launched.S. 30 per cent of the girls aged 15-19 are married or in union. Ambassador Timothy J. Siliguri and Tiruchi. Discovery headed for retirement this year. Underweight prevalence among adolescent girls aged 15-19 years is 47 per cent. while they will get a fresh budgetary support of Rs.00. Adolescent girls face nutritional problems than adolescent boys.S. India had one of the highest transmission and distribution losses in the world at 35 per cent. Initially four such services. and promised to fill more than 2.4.1 per cent as against the budget estimate of 92. State of the World's Children 2011 report is released by the United Nations Children Fund (UNICEF). 13 passenger train services. Indian Energy Exchange (IEX) has announced the launch of trading in Renewable Energy Certificate (REC) on its platform. Railway Minister Mamata Banerjee estimated that the current financial year 2010-11 would end with a surplus of Rs . two double-decker airconditioned services and three new Shatabdi Express trains during 2011-12. Railway Minister Mamata Banerjee announced the introduction of 56 new express trains. 11. 12. 9. 10. physically challenged and servicemen. 11. 5. forcing astronauts to rely on the Russian Soyuz space capsule for transport to the orbiting International Space Station. a new service. To evacuate Indians from Libya will begin with Air India having got permission to operate two special flights to Tripoli while two Navy ships will set sail for that country. Other two space shuttle will also be retired soon. 6. 2. called “Vivek Express. to mark the 150th birth anniversary of Rabindranath Tagore would be run. proposed further fare concessions to senior citizens. had a closed-door meeting with spiritual leader Dalai Lama at Dharamsala 10.

Up to 51 per cent FDI has been allowed in single-brand retail since 2006. 5. weapon sales and a reference to the International Criminal Court (ICC) in The Hague. India and China — held discussions in Delhi for Green Climate Fund. Project Director. Under a 2007 accord. It will increase the deployed Glonass grouping to 23 satellites. Page 61 .N. freezing of financial assets. of the Rs. 800 universities and 26. Chandrayaan 1 and 2. The U. Russia has successfully launched a next-generation navigation Glonass-K satellite from Soyuz 2-1b launcher for Glonass global communication system. which will enable the Indian military to greatly improve the accuracy of its land-. Experts said the use of a two-signal receiver that supports both GPS and Glonass increases reliability by 15 per cent.386 crore earmarked for the project Rs. including several leaders of the outlawed Hindu Rights Action Force (Hindraf).S. the Rangarajan panel has rejected the idea of legal food entitlements for the general category. sea-. At the U. 27 February 2011 1.13. has listed an amount of $26 million to India as part of their fast start finance pledges. divided into the priority and general categories. climate change summit at Copenhagen in December 2009. However. India has taken over as co-chair of the Asia Pacific Regional Review Group of the Financial Action Task Force (FATF). The Council unanimously approved curbs on travel. Sonia Gandhi-led National Advisory Council (NAC) wants 75 per cent of the population. The Chandrayaan-1 mission has been accomplished in a cost-effective manner and. farmers and declining FDI inflows. 7. Russia agreed to share the Glonass signal with India. Tunisian Prime Minister Mohammed Ghannouchi resigned as security forces clashed with protesters in Tunis demanding the removal of some Ministers of his interim government. while it is prohibited in multi-brand retail. South Africa. In its first major vote after joining the United Nations Security Council (UNSC) for the next two years. The simulated drawing programme was on and the launch of Chandrayaan-2 would happen in 2013. India will be the only country to have access to the military segment of the Glonass system. At present India allows 100 per cent FDI in cash and carry wholesale trading. his relatives and associates. as well as with the European Union's Galileo system and China's Compass network when they are deployed. more than 14 months after the promises were made they are yet to be kept. Glonass will be integrated with the U. given legal food entitlements under Food security bill. Global Positioning System (GPS). 28 February 2011 1. create a free information highway.S. an inter-governmental policy-making body which sets global standards to combat money laundering and terrorist financing. 3. The Economic Survey 2010-11 has favoured phased opening of foreign direct investment (FDI) in multi-brand retail to address the concerns of consumers.82 lakh has been saved. India voted in favour of sanctions against Libyan leader Muammar Qadhafi. Macau is the other co-chair of the FATF group. 4. one short of the minimum needed to provide 100-per cent global coverage. Environment Ministers of the BASIC bloc — Brazil. 6. 2. African nations and the least developed countries.000 colleges in the country would be linked through a fibre optic network to 2. said Mayilsamy Annadurai. In September the two countries signed a deal to jointly manufacture Glonass/GPS twin system receivers and other navigational equipment. were arrested as they tried to assemble for an “anti-racism march” in Kuala Lumpur (Malaysia). rich nations pledged to give $30 billion in “fast start finance” between 2010 and 2012 to help the poorest countries specifically for small island states. More than 100 Malaysian Indian protesters. air and space-launched weapon systems. in fact. 3.

and Latin American markets. 5. which the opposition now controls. Mr. The central bank of Bangladesh.2 March 1. 10. it has 20 member-States. India and the Association of Southeast Asian Nations (ASEAN) are committed to achieving a trade target of $70 billion by 2012. 11. in association with the Global Wind Energy Council (GWEC).56 billion in January 2010). The Supreme Court quashed the appointment of P. Hyderabad and Pune — on September 23. Kerala and Puducherry will be held from April 4 to May 10. Mikhail Gorbachev was awarded Russia's top medal on his 80th birthday 4. Thomas as Central Vigilance Commissioner (CVC). 3. As chairman of the working group on consumer affairs. Tamil Nadu. Page 62 . has removed Nobel Laureate Dr. The Assembly elections in Assam. 2. 13x4. Kolkata. comprising the Chief Ministers of Gujarat. the Bangladesh Bank. up 40 per cent from $50 billion in 2010. New Delhi.61 billion ($15. Maharashtra and Andhra Pradesh. At present. The CERN was established in 1954 by 12 European countries. Gujarat Chief Minister Narendra Modi has recommended that futures trading in essential commodities be banned and that organised retail in agri-produce be encouraged to make a dent in food inflation. India and Asean agreed that the free trade agreement (FTA) to cover services and investment sectors would be in place by 2011end.4 per cent on year-on-year basis in January to $20. signaling the beginnings of a desperate campaign by the Qadhafi-regime to recover the country's oil heartland. People in Asia living with HIV and who depend on affordable generic AIDS medicines to stay alive have impressed upon the Indian government to stand strong against European Union demands on the sensitive Intellectual Property (IP) chapter in ongoing Free Trade Agreement (FTA) negotiations. 7. 4 March 2011 1. environment-friendly toilet technology in 10-member ASEAN (Association of South-East Asian Nations) countries with the help of global aid agencies and local governments.S. 12. 4. 2. The Germany Year in India 2011-12 will kick off across seven cities — Chennai. West Bengal. was set up in April last. The working group. Modi submitted its report to Prime Minister Manmohan Singh. country's first research centre on marine biodiversity is at Jamnagar in the Saurashtra region for protection of the fragile coastal eco-system. backed by fresh demand in the U. and the Indian Wind Turbine Manufacturers' Association (IWTMA). 63b. 9.J. India has applied to the European Organisation for Nuclear Research (CERN) at Geneva in Switzerland for associate membership. Mumbai. 3. Sulabh International said it would introduce its cost-effective. Bangalore. Kevin O'Brien (113. 6. The Libyan air force has attacked the oil town of Brega for a second day in succession. The microcredit pioneer won the Nobel Peace Prize in 2006 along with the Grameen Bank. Tamil Nadu. Muhammad Yunus as the Managing Director of Grameen Bank. 6x6) scored the fastest World Cup century to help Ireland defeat England by three wickets. World Institute of Sustainable Energy (WISE). Exports have registered a sharp increase of 32. 8. which he founded. is organising a conference on “Wind Power India 2011” from April 7 to 9 at the Chennai Trade Centre. India will oppose any move to enforce a no-fly zone or use of force to end the civil war in Libya.

the United Nations Industrial Development Organization (UNIDO) said in ‘International Yearbook of Industrial Statistics 2011'.2011 by the United States State Department. particularly in difficult terrains like tribal and hilly areas where availability of electricity is a big issue. 2. driven mainly by its strong economic growth. 5 March 2011 1. Youthsat from Russia and X-Sat from Singapore into orbit. Setting up of the Special Representatives mechanism in 2003 and the agreement on political parameters in 2005 had helped to create momentum in the long-running talks. the Unified Communist Party of Nepal (Maoist) finally joined the government. The trials of launching BrahMos cruise missile from air would begin in 2012 and the supersonic missiles were expected to be inducted into the Indian Air Force in 2013. The Chinese government said that it was ready to take forward the negotiations with India over the long-running border dispute. Page 63 . 5. Food inflation eases to 10. India has emerged as one of the top ten manufacturers of the world in 2010. After prolonged negotiations.39 % CIL announced a 30 per cent increase in prices of coal to all unregulated sectors. 3. 4. as implementation of the new indirect tax regime would require the nod from all the States. The Reserve Bank of India in December last stopped use of a long-standing clearing mechanism of the Asian Clearing Union (ACU) for payments. 3. putting an end to the oil payment crisis with Iran. Essam Sharaf was picked by Egypt's military rulers to replace Ahmed Shafiq as Prime Minister. A. 6 March 1. India had last month decided to pay for the Iranian oil using euro through German-based EuropischIranische Handelsbank AG (EIH Bank). The two countries have had 14 rounds of talks. which have made little progress. It will be fitted in Su-30 MKI. according to a report International Narcotics Control Strategy Report (INCSR) . Thereby power. India faces a huge inflow of high-quality counterfeit currency that is primarily produced in Pakistan 2. fertilizer and defense sectors were kept outside the purview of a straight hike. 4. whose productprices are driven by the market. 7. Four weeks after supporting Jhalanath Khanal to become Prime Minister in Nepal. The Union Government has undertaken a project to promote solar-powered mobile towers.C. (GST) from April 2012. and are now engaged in framework negotiations based on the 2005 agreement.5. Universal Service Obligation (USO) Fund will be used for this project. and then smuggled to India through multiple international routes. Central Government admitted that it might not be possible to roll out the Goods and Services Tax 6. Congress leader from Kerala P. 9. Polar Satellite Launch Vehicle (PSLV-C16) will be launched around April 10 to put Resourcesat-2 and two other satellites. BrahMos Aerospace's Chief Executive Officer. 8. The Bombay Stock Exchange plans to launch its small and medium enterprises exchange platform by the second-half of 2011 after getting approval from the capital market regulator Securities and Exchange Board of India. Government said it had resumed payments to Iran for the crude oil being purchased after putting in place an alternative system of routing money through a German bank. said. Sivathanu Pillai. Chacko has been named Chairman of the Joint Parliamentary Committee to probe the alleged scam in the grant of 2G spectrum and telecom licences from 1998 to 2009.

3. 3. The Centre has fixed March 31 as the deadline for telecom operators to submit plans for interception by security agencies of their services.Y. Director. President Pratibha Patil launched the ‘Sanchar Shakti' project of the Department of Telecommunications. At present. a suite of mobile value-added services (VAS) to provide a variety of useful information to women and women's self-help groups about government schemes and health and social issues over the mobile phone. Quraishi said that the Election Commission (EC) has issued a directive to officials in the four States and Puducherry that are scheduled to go to the polls that media Page 64 . 4. Nuclear Power Corporation of India Limited (NPCIL). for the second consecutive year. The Election Commission (EC) said that it expected all the States going to elections in the next two months to abide by the “sound convention” of presenting only a vote-on-account rather than a full budget. 7. Chairman and Managing Director. 9 March 2011 1. permanent vegetative state (PVS) by withdrawing the life support system with the approval of a medical board. and installing solar-based mobile charging centers in rural areas. The Supreme Court allowed passive mercy killing of a patient (Aruna Ramachandra Shanbaug) in a 2. modem repaid centers in rural areas. is operating an ultra long haul flight from Delhi to Toronto.K.K. 2. The Sanchar Shakti scheme includes four categories of projects aimed at rural women SHGs — giving subsidised VAS subscription. 5. 2. Saraswat. To mark the International Women's Day. Widening the scope of interest rate futures market. Centre for Advanced Financial Research and Learning (CAFRAL). by the end of March and the reactor will be started up in April said S. Scientific Adviser to the Defence Minister. according to V. including the BlackBerry Enterprise Service of Research In Motion. to examine a range of emerging issues pertaining to regulation of the NBFCs (non-banking financial companies) sector. Air India. with an all-women crew. Union Environment and Forests Minister Jairam Ramesh has asked the Genetic Engineering Approval Committee (GEAC) to immediately withdraw its permission to Monsanto for field trials of Bt maize in Bihar. The Reserve Bank of India (RBI) constituted a working group under the Chairmanship of Usha Thorat. 8 March 2011 1. Everything is on course for the enriched uranium fuel bundles to be loaded into the first reactor of the Kudankulam Nuclear Power Project (KKNPP). Chief Election Commissioner S. The fresh success of the interceptor missile mission on Sunday has demonstrated the country's capability to neutralise adversarial satellites in space. Jain.7 March 1. 6. The Supreme Court recommended to Parliament that it consider the feasibility of deleting Section 309 of the Indian Penal Code (attempt to commit suicide) from the statute. the Reserve Bank of India on Monday permitted 91-Day government bond to be traded in this market. only 10-year government bond is traded in the Interest Rate Futures market. setting up mobile repair. Tamil Nadu.This VVER-1000 reactor from Russia is the first-of-its-kind to be built in India.

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reports exposing malpractices and violations of the model code of conduct should be treated as formal complaints and prompt action should be taken. The International Atomic Energy Agency's 35-nation Board of Governors (IAEA) gave its approval unanimously to a safeguards agreement for two new reactors that Pakistan said China was building for it at Chashma-1 and Chashma-2. India is a member of the IAEA Board and gave its assent for the same. To mark the 100th anniversary of International Women's Day, UN Women announced a new regional programme to address the needs of widows. The three-year programme, funded jointly by UN Women Swiss National Committee and Standard Chartered Bank, will be implemented in India, Nepal and Sri Lanka to reduce social ostracism faced by widows. Lok Sabha Speaker Meira Kumar agreed to convene an all-party meeting to try and arrive at a consensus on the Women's Reservation Bill to pave the way for its smooth passage in the Lok Sabha. The Bill has already been passed in the Rajya Sabha. India, Brazil and South Africa (IBSA) expressed their aversion to the move by some western countries to impose a military solution on the civil war in Libya. The three countries also agreed to work closely with Lebanon at the United Nations Security Council (UNSC) which, like the three IBSA nations, is a non-permanent member. The joint group emphasised the need for urgent reform of the UNSC, including expansion of the permanent and non-permanent categories of its membership. National Insurance Company (NIC) has grabbed a 20 per cent share of the total market for Rashtriya Swasthya Bima Yojana (RSBY), a health insurance scheme for unorganised sector workers and their families living below the poverty line (BPL) according to a company statement. The RSBY was introduced in 2008. It extends cashless quality medical care for treatment.

10 March
1. Children of farmers pursuing higher studies will be eligible for interest-free loans from the coming

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academic year and the scheme will be put into operation before the Common Entrance Test (CET) for admission to professional courses in Andhra Pradesh. Australia is hopeful of commencing negotiations this year on a free trade agreement with India. On the policy, Australia is not supplying uranium to non-NPT (Nuclear Proliferation Treaty) signatories and India has not sighed NPT yet. Union Communications and Information Technology Minister Kapil Sibal launched ‘e-post office,' the e-commerce portal of India Post that will provide various postal services online. The portal will enable customers to transact postal business anytime and from anywhere through Internet and by using either debit card or credit card. For 126 Medium Multi Role Combat Aircraft deal (Rs.45,000-crore) that is likely to be finalised the next financial year, 6 companies are in race :- Boeing and Lockheed Martin of the U.S have fielded F/A-18 Super Hornet and F-16 Super Viper respectively, Mikoyan of Russia (MiG-35), Dassault Aviation of France (Rafale), Eurofighter Gmbh (Eurofighter Typhoon) and Saab AB of Sweden (Gripen). Maharashtra Cabinet gave its nod to increase women's reservation in local body polls from 33 to 50 per cent. Australia will soon begin negotiating to sell uranium to the United Arab Emirates on condition that it is only used for peaceful power generation. Australia, which holds 40 per cent of the world's known uranium reserves, does not sell uranium on the open market and bans nuclear power generation at home.
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7. India was targeting a 40 per cent jump in its trade with ASEAN to $70 billion in 2012 with the

signing of FTA. Trade with ASEAN had grown to $50 billion in 2010 from $41 billion after New Delhi signed a Trade in Goods Agreement with the Southeast Asian block on 1 January 2010. 8. Reliance Communications said it had secured Rs.8,700 crore ($1.93 billion) loan from the China Development Bank to finance the cost of 3G spectrum and equipment purchase. 11 March
1. Union Law Minister Veerappa Moily launched the ‘Legal Information Institute (LII) of India,' an

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online portal that comprises 108 legal databases covering all States, Union Territories and Central government jurisdictions. LII of India, a joint project developed by leading Australian and Indian legal education institutions, draws on the framework of online public libraries that offer free and open access to legal information. It is also integrated with other similar collaborations like the World, Commonwealth and Australasian Legal Information Institutes. 11th U.S.-India Defence Policy Group (DPG) met in Washington during March 3-4 for extensive discussion on strengthening bilateral defence ties, particularly in the areas of maritime security, counterterrorism, disaster relief, and personnel exchanges. Meetings were co-chaired by Pradeep Kumar, Defence Secretary, government of India and Michelle Flournoy, Under Secretary of Defence for Policy. The first hybrid (windmill-cum-solar) power plant to illuminate level crossing gates will be commissioned near the Nalli railway station in Virudhunagar district. This is part of the green initiative announced by the Union Railway Minister. The Railways have declared 2011-12 as the year of green. The Meenakshi Sundareswarar Temple here has been accorded ISO 9001:2008 certification . Bihar Government has decided to disallow field trials of Bt maize in the State. Shahina K.K., correspondent of Open magazine, has been selected for the Chameli Devi Jain Award2010 for outstanding woman media person. The oldest and most travelled space shuttle, Discovery, returned after its final space flight. Mexican billionaire Carlos Slim remained the richest person in the world with $74 billion in assets, while NRI steel magnate Lakshami Mittal ranked sixth and Indian industrialist Mukesh Ambani is placed ninth in the U.S. magazine Forbes annual list of world's top billionaires. Microsoft founder and now a full time philanthropist William Gates III (popularly known as Bill Gates) is third with a net worth of $56 billion. Investment guru Warren Buffet is at the third spot with assets worth $50 billion. Total number of billionaires, this year, has increased to a record 1,210 from 1,011 last year. Though America has the 33 per cent of the mega-rich, the Asia-Pacific region has surged forward and overtook Europe for the first time. The number of billionaires has increased from 49 to 55 in India. Other Indians among top 100 include, Wipro chief Azim Premji (36th spot with $16.8 billion), Shashi and Ravi Ruia (42nd place with $15.8 billion), Savitri Jindal (56th rank with $13.2 billion). No. 1. 2. 3. 4. 5. 6. 7. 8. Name Carlos Slim Bill Gates Warren Buffet Lakshami Mittal Mukesh Ambani Azim Premji Shashi and Ravi Ruia Savitri Jindal Countries Mexico U.S.A. U.S.A. India India India India India Rank 1 2 4 6 9 36 42 56
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9. Riding on the back of rising demand from the U.S. and other markets, growing at a breakneck speed

of 49.8 per cent during February, India's exports breached the $200-billion-mark in the first 11 months of the 2010-11 fiscal. Taking the April-January 2010-11 figure India’s Export is $208.2 billion, an increase of 31.4 per cent over the year-ago period and past the yearly target of $200 billion. The current forecast for the fiscal is $230-235 billion,” Commerce Secretary Rahul Khullar told reporters. 10. Food inflation eased to single digit at 9.52 per cent for the week ended February 26 owing to a fall in the prices of certain edibles such as potatoes and pulses even as other items continued to rule at higher levels. 11. France announced it was officially recognising the Libyan National Council as the sole representative of the Libyan people. 12 March
1. A ferocious tsunami spawned by one of the largest earthquakes (magnitude-8.9) ever recorded

slammed Japan's eastern coast, killing hundreds of people as it swept away boats, cars and homes while widespread fires burned out of control. North-eastern coastal city of Sendai, the city in Miyagi prefecture (state) was badly affected. 2. Finance Minister Pranab Mukherjee announced the setting up of a group to quantify the black money being generated. 3. Finance Minister Pranab Mukherjee said banks had been asked to waive collateral security when they lend to borrowers from the Scheduled Castes, Scheduled Tribes communities. Banks had also been instructed not to insist on guarantors for providing educational loans to students belonging to the weaker sections. Of the total priority sector lending, a sub-target of 10 per cent had been fixed for weaker sections. 4. Union government discounted any threat to any part of the country in the aftermath of the tsunami that wreaked havoc in Japan. The Hyderabad-based Indian National Centre for Ocean Information Services (INCOIS) was in constant touch with its counterparts in Indonesia and Philippines, and is monitoring the situation. 5. Finance Minister Pranab Mukherjee announced increase in the Member of Parliament Local Area Development Fund (MPLAD) to Rs. 5 crore from the present Rs. 2 crore. 6. With 53 Indians on five hijacked ships being kept hostage in Somalia along with nationals from other countries, the Cabinet Committee on Security (CCS) decided to set up an Inter-Ministerial Group (IMG) to monitor the process of their release. 7. Foreign Secretary Nirupama Rao will lead India's bid for full membership in the four international export control regimes — the Nuclear Suppliers Group (NSG), the Missile Technology Control Regime (MTCR), the Australia Group and the Wassenaar Group. 8. The Strategic Forces Command (SFC), which handles India's missiles with nuclear warheads, fired the Dhanush, from the warship ‘Suvarna' and the Prithvi-II missiles, from Integrated Test Range (ITR) at Chandipur, near Balasore, Orissa within a gap of an hour. The Dhanush and the Prithvi-II, both surface-to-surface missiles (full range of 350 km) capable of carrying nuclear warheads, are products of the Defence Research and Development Organisation (DRDO). 9. Pakistan said it had successfully tested its short range surface-to-surface ballistic missile Hataf-2 (Abdali, range - 180 ). 10. Noted Hindi writer Vishwanath Prasad Tiwari has been selected for the prestigious Vyas Samman Instituted by the K.K. Birla Foundation for 2010 for his collection of poems, Phir Bhi Kuch Rah Jayega.
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whereas the current Japanese incident is at level 4. Regional Rural Banks (RRBs) and cooperative banks for short-term crop loans up to Rs. set up to review the Antrix-Devas deal. There were about six lakh villages in India. Financial inclusion was an important priority of the government as only 38 per cent (32. Coal India Limited (CIL) has bagged the ‘Century International Quality ERA Award (CQE)' in the Gold Category in recognition of its commitment to quality. Tsunami waves hit Hawaii.3. From 2010-11. Supreme Court has held that the right to possess land being a right to property cannot be taken away 2. 2012. 14. For 2011-12. 7. the government was also providing interest subvention to all public sector banks (PSBs). Two reactors both in Fukushima Daiichi at an earthquake-damaged nuclear plant could be suffering meltdowns. Sivathanu Pillai said. on March 19 when the full moon will be closest to the earth in the last 18 years A team of Indian-American scientists has developed a smart tracking system.C. Mukherjee said since 2006-07. The crisis stems from failures of the cooling systems at the reactors at the Fukushima Daiichi plant.11. The awards were given by Business Initiative Directions (BID). Chacko head of 30-member Joint Parliamentary Committee (JPC) investigating 2G spectrum allocation. Daini. 4. technology and innovation. Mr.000 crore. India's foreign exchange reserves surged to $302. Raja Bhoj.051 bank branches of scheduled commercial banks were in rural areas and only 40 per cent of the country's population had bank accounts.S. Pacific Island and as far as the U. 13 March 1. so as to ensure that short-term agriculture credit was available at 7 per cent to farmers. an additional 2 per cent interest subvention was being provided to those farmers. government raised the target of credit flow to the farmers from Rs. using various models and technologies including branchless banking. 1 plant in northern Japan. who repay their short-term crop loans in time. western coast. which could provide an alternative to an RFID (radio frequency identification) tag that were recently tied to the ankles of some Indian students after the university they were studying in shut down on charges of visa fraud.75. 3. The Madhya Pradesh government's plan to change the name of the State capital to Bhojpal in memory of the philosopher king.000 crore this year to Rs. In the International Nuclear Event Scale. The moon will look bigger. P. submitted its report to Prime Minister Manmohan Singh. leadership.59 billion. At a nearby nuclear plant. 6. may be 16 per cent larger. Government directed all banks to provide appropriate banking facilities to habitations having population in excess of 2. The high-power Chaturvedi Committee. BrahMos Aerospace chief A. the interest subvention scheme proposed to further incentivise prompt repayment by farmers by providing a further incentive of 3 per cent interest subvention.4.919) of the 87. India will test-fire the submarine-launched version of the BrahMos supersonic cruise missile by yearend. through Business Correspondents (BCs). Page 68 . 2. 13. the short-term crop credit is available to farmers at 5 per cent in 2010-11.75. 15.” 14 March 1.919 rural bank branches. without conducting an enquiry under the Land Acquisition Act (LAA).3 lakh. Thus.000 by March. 12. while there were only 32. The Japanese government declared an “atomic power emergency” after its cooling system failed and evacuated thousands of residents living close to Fukushima No. three more reactors also lost their cooling systems. Chernobyl was at level 7. In 2011-12. 5.

including Switzerland. 5.31 per cent on WPI (wholesale price index) in February from 8. scientists said. Japan's strongest earthquake moved the main island by 2. it would be possible to have around 7-7. Fighting to stay in existence. 16 March 1.” Mr. the Indian Railways. as the Tokyo stock market nosedived following a devastating earthquake and tsunami. thanks to cooperation from international agencies and domestic surveillance. 4. The court was dealing with a petition alleging misappropriation of funds under the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) in Orissa. Majuli is located in the middle of the mighty Brahmaputra. It has already been shorn of its food catering business. India has 20 nuclear reactors. 11 days after the Supreme Court quashed his selection by a high-power committee headed by Prime Minister Manmohan Singh. Mukherjee told. Railway Minister Mamata Banerjee's budget announcement to allow the Railways to launch a new portal and sell tickets at lower booking charges has made the IRCTC just a tourism promotional venture. and the rest at Tarapur — TAPS-1 and 2 — are boiling water reactors 5. The Supreme Court granted four weeks to the Centre to take a clear stand regarding a CBI probe into alleged misuse of funds allocated to the States. which are not sovereign jurisdictions. President Pratibha Patil cancelled the appointment of P. “By March-end. The Government of India has proposed to nominate the name of Assam's river-island.3. including the Isle of Man. 2. Kitts and Nevis and Channel Islands. India has also signed DTAA with 79 other countries and is in the process of revising the agreement with other nations as well. to enable the government to seek banking information. for inclusion in the ‘cultural landscape' category of the United Nations Educational. Scientific and Cultural Organisation (Unesco) World Heritage list. has decided to throw at it by launching a parallel online passenger ticket reservation system. 15 March 1. more so in the wake of the nuclear crisis in Japan. 3.23 per cent in the previous month. 2. Nuclear power plant proposed to be established at Kovvada in Andhra Pradesh is being strongly opposed by local people. driven mainly by high food and fuel prices. St. while India has amended Double Taxation Avoidance Agreement (DTAA) with 23 countries.J. Overall inflation inched up a tad to 8.5 per cent [inflation]. India's top nuclear bodies said they would revisit all safety aspects of atomic plants in the country and analyse the nuclear crisis arising in Japan. Majuli. of which 18 are indigenous pressurised heavy water reactors.4 metres and shifted the Earth on its axis. The Bank of Japan pumped a record $184 billion into money markets and took other measures to protect a teetering economy.1 lakh-crore in the last 18 months. This was the general practice adopted by the World Association of Nuclear Operators (WANO) and the NPCIL would closely work with the Department of Atomic Energy and the Atomic Energy Regulatory Board (AERB) to revisit the safety aspects. It have already entered into a Tax Information Exchange Agreement (TIEA) with 10 countries. Thomas as Central Vigilance Commissioner. 4. Page 69 . Government had already detected tax evasion worth around Rs. the Indian Railway Catering and Tourism Corporation Limited (IRCTC) will be slashing charges on booking e-tickets to match the competition its parent body. Considered the largest freshwater river-island in the world.

Authorised officers of the Food Safety and Standards Authority of India (FSSAI) said. Srikumar Banerjee and Atomic Energy Regulatory Board (AERB) Chairman S. The developer for these projects are selected through the international competitive bidding process conducted by the project-specific special purpose vehicle formed as 100 per cent subsidiaries of Power Finance Corporation. Page 70 .S. All food items imported from Japan will be checked for radiation at the ports before being allowed 4.9-magnitude quake shifted the way the Earth's mass is distributed. A day after declaring an emergency. backed by tanks. According to NASA the 8.3.10 lakh. said Maharashtra government. was paid by the government in order to avoid contempt of court. Bajaj briefed Prime Minister Manmohan Singh that a nuclear catastrophe similar to the one that is devastating Japan is most unlikely to happen here. Planning Commission to examine the issue pertaining to sourcing of supercritical equipment for ultra mega power projects (UMPPs) of 4. The earthquake was so powerful that it accelerated the Earth's rotation speed. The Central Government has imposed anti-dumping duty of up to 40. Secretary Department of Atomic Energy (DAE) and Chairman of the Atomic Energy Commission 2. into the country. 5. Krishna on Wednesday asserted that there would be no revision of India's no-first-use nuclear doctrine and said minimum credible deterrence would be maintained in view of threats and challenges. armoured vehicles and helicopters. electrical insulation and heat resistant fabrics from China. Foreign Ministers from the G8 — the world's seven richest nations and Russia on Tuesday failed to reach any agreement on a military intervention or even the establishment of a no-fly zone against Colonel Qadhafi's forces in Libya. the nodal agency for UMPPs. 3. Observing that Article 21 of the Constitution (right to life and liberty) would apply even to a foreign national staying in India. The Union Cabinet has given its nod for establishment of the Mahatma Gandhi Institute of Education for Peace and Sustainable Development as a Category I Institute of UNESCO in New Delhi. security forces in Bahrain have unleashed a massive crackdown. A high-power committee headed by N. 7. 7. Currently there are 11 Category I Institutes of UNESCO in the world. to crush what essentially has been a prodemocracy revolt in the Kingdom. The Centre on Wednesday announced the setting up of a committee under the chairmanship of Member (Industry). 6. 4. The fine of Rs. A prophylactic vaccine to safeguard infants against the major killer rotavirus is now available in India where one in every 200 children under the age of five dies due to rotavirus diarrhoea.R. which had been slapped on Union Minister Vilasrao Deshmukh. 8.8 microseconds. The volatile situation in Bahrain has acquired a larger regional dimension after Iran warned Gulf countries could pay a heavy price for their military intervention — led by Saudi Arabian troops and backed by the United Arab Emirates (UAE) . shortening the length of the day by 1.M. 8. 6. 5.000 MW. which was the first country to recognise the rebel National Transiton Council based in Benghazi tried hard but failed to convince the other seven to choose the military option to counter the Libyan strongman. France.9 per cent for five years on the import of glass fibre used in automobiles. the Supreme Court stayed the deportation until further orders of a Libyan researcher whose visa is due to expire. Madhava Menon has called for sweeping changes in the country's higher education system. External Affairs Minister S. 17 March 1.

400 MW. even as his associate and former Atomic Energy Commission Chairman. Repo Rate – 6. India abstained from voting on a United Nations Security Council (UNSC) resolution approving “all 2.5 per cent in interest to more than 4. The accident severity level at the plant was raised from four to five on the 7-point international scale by the agency.75% 5. Key rates of RBI 1. 2011. The EPFO has been paying 8. A. it added. Brazil and Germany.K.5 per cent since 2005-06. Statutory Liquidity Ratio – 24% 4. authorising payment and appropriation of certain sums from and out of the Consolidated Fund of India for the services for 2011-12. 3. voting in favour and five — Russia. Efforts were redoubled to avert a meltdown and engineers struggled hard to fix power cables to restart water pumps. Cash reserve ratio (CRR) – 6% 3. 4. The Union Finance Ministry approved 9. 2. the U.75 per cent with immediate effect.5 per cent to 5. France.J. Within hours of the imposition of a no-fly zone authorised by the United Nations Security Council. moved by Finance Minister Pranab Mukherjee.” including imposition of a no-fly zone over Libya. In its mid-quarter monetary policy review The central bank has increased the repo rate by 25 basis points from 6. this is the eighth time the RBI increased the rates.5 per cent to 6. supported a review of the country's nuclear facilities in the wake of the Japan crisis. and Lebanon. Reverse Repo Rate – 5.. The resolution was passed with 10 members. Japan inched perilously close to a Chernobyl-like disaster with the threat level at its quake-crippled Fukushima nuclear plant prompting an alarmed IAEA to describe the situation as “extremely serious”. China (both permanent members with veto rights). The Centre has decided to pump in an additional Rs.9.P.1. stressed that there was no need for knee-jerk reaction. Lok Sabha passed the Appropriation Bill. 18 March 1. Since last March.378 crores into Allahabad Bank raising its holding in the bank to 58 per cent from 55 now. placing the crisis two levels below Ukraine's 1986 Chernobyl disaster. necessary measures. Anil Kakodkar. 2 and 3 reactors had partially melted and radiation leaks were continuing.7 crore depositors of the Employees Provident Fund Organisation for 2010-11. The former President. the Libyan regime of Muammar Qadhafi has announced a unilateral ceasefire. and has backed it up with a call for a visit by an international fact-finding mission to Tripoli. Page 71 .75% 20 March 1. 3. 5. Abdul Kalam. including the U.S.75 per cent and the reverse repo rate by 25 basis points from 5. besides India — abstaining. Bank Rate – 6% 2. Power Grid has already inter-connected all the five regional grids of the country and established a power transmission network National Grid with total inter-regional power transfer capacity of about 22. Japan's Nuclear and Industrial Safety Agency admitted that the cores at the plant's No.

hours after Muammar Qadhafi dispatched troops. Singapore. 22 March 1.A.-led coalition forces intensified air and sea strikes on Libyan defence targets after the UN Security Council (UNSC) gave its nod for imposing a ‘no-fly zone' over Libya.).84 billion. becoming the biggest and brightest full moon of the year. abjuring the use of force. 6. also referred to as its Prime Minister held. Philippines.S.” chairperson of the cabinet of the so-called Tibetan government-in-exile. Yeddyurappa. goes against China's commitments as a member of the Nuclear Suppliers Group (NSG).S. to prevent Muammar Qadhafi's forces from crushing a month-old uprising against his rule. 2. kicking off an international campaign 2. Chief Minister B. Moon came closest to the earth in 18 years. The election for the next “Kalon Tripa. 4. Jets from an international force launched missions over Libya. 3. India regretted the U. led a 29-member all-party delegation to Prime Minister Manmohan Singh. The toll of dead or missing from Japan's worst natural disaster in nearly a century has neared 21.S. France launched an air strike on a target in Libya on Saturday. and will give Beijing a pass on its non-proliferation commitments by allowing the deal to go ahead in spite of concerns that it will violate international guidelines governing nuclear trade. a weekly publication brought out by the Asian Media and Marketing Group.” later this year from Chennai to cater to Sri Lankan pilgrims.N. With the Philippines all set to ratify the Free Trade Agreement (FTA). Last week.6. a non-resident Indian.-sanctioned air strikes launched by the U. 5. Malaysia. has retained his position as the richest Asian in the United Kingdom. Steel tycoon Lakshmi Mittal. Other members of the trade bloc are: Brunei. the trade regime between the 10-member ASEAN block and India is all set to get consolidated paving way for inking of Comprehensive Economic Partnership Agreement (CEPA) by year-end. The moon was around 14 per cent bigger and 30 per cent brighter than the other full moons. The U.-led forces in Libya and urged all parties to resolve their differences through peaceful means. which bans the sale or transfer of technology to countries that have not signed the Nuclear Non-Proliferation Treaty (NPT). seeking an amendment to the Constitution. Myanmar. According to the Asian Rich List 2011 by Eastern Eye. Page 72 . “Damba Diwa Vandana. 4. to provide special status to the backward Hyderabad Karnataka region of the State. India's foreign exchange reserves is now $301. Thailand and Laos. Indonesia. The deal. tanks and warplanes to the heart of the five-week-old uprising against his rule in a decisive strike on the first city Benghazi seized by rebels. 3. Vietnam.000. many countries say. the International Atomic Energy Agency (IAEA) gave its approval to a safeguards agreement for two new reactors that China is building at Chashma. under Article 371. 7.S. was the only country that had not ratified the agreement till date. 2. 21 March 1. Faint traces of very low levels of radiation from the stricken nuclear complex in Japan have been detected in Sacramento. Indian Railways would launch a special Buddhist train. apart from Cambodia. California (U. The United States has indicated it will not oppose China's building of two nuclear reactors in Pakistan. 23 March 1.

400 crore. aviation turbine fuel. the Bill proposes a GST Dispute Settlement Authority to deal with grievances of the Centre and the States with regard to GST. will be the first of its kind in the world and is being taken up at the Koyna region in Maharashtra. Fidel Castro said he resigned five years ago from all his official positions. B. Ms. who would be appointed by the President on the recommendation of the Chief Justice of India. 1949. Koyna is the best known example of reservoir-triggered earthquakes. diesel. and enable online verification and easy retrieval of particulars of academic qualifications. cesses and surcharges levied by States.3. natural gas and alcohol for human consumption have been kept out of the GST ambit. and to make consequential amendments in certain other enactments. The Bill seeks to amend the Constitution with a view to conferring simultaneous powers on the Centre and the States to levy taxes on goods and services. It will also subsume State VAT/sales tax. However. The Union Cabinet cleared a Bill that seeks to create a national database of academic qualifications 2. The Centre introduced a Constitution Amendment Bill in the Lok Sabha to facilitate implementation of the Goods and Services Tax (GST). The project. a position he was thought to still hold. petrol. has been pending for the last four years due to disagreement between the Centre and some States over the structure of the new tax regime. a tax regime that would subsume levies such as excise. free of open defecation. The database will help the administration effectively deal with forged certificates and fake degree rackets. 4. betting and gambling as also tax on advertisements. including head of Cuba's Communist Party. The project will be funded mainly by the Ministry of Earth Sciences and supported by other national and international organisations. 4. considered to be a major tax reform. Ambedkar for all its offices. Belgium and Poland to “win their support on the Kashmir issue”. and the Banking Companies (Acquisition and Transfer of Undertakings) Act. in DMAT format. Mukherjee also introduced the Banking Laws (Amendment) Bill.1980. service tax and sales tax. President Pratibha Patil gave away Nirmal Gram Puraskar to 21 gram panchayats and one block panchayat for attaining total sanitation.R. The Bill provides for creation of a GST Council to be headed by Union Finance Minister. 1970. the Banking Companies (Acquisition and Transfer of Undertakings) Act. costing anywhere between Rs. Besides. Union Minister of Rural Page 73 . 2011. 2011 as a holiday on account of the birthday of Dr. Indian scientists will spearhead a major international project which is expected to provide fresh insights into the processes that cause earthquakes. The chairperson of the authority will be a retired judge of the Supreme Court or the Chief Justice of a High Court. Mr. 3. As part of the project. The Union government has decided to declare April 14. which will authenticate and reissue certificates. 25 March 1. The National Academic Depository Bill 2011 will now be tabled in Parliament. that seeks to further amend the Banking Regulation Act. taxes on lottery. crude petroleum. 5. luxury tax. entertainment tax (unless levied by the local bodies). 24 March 1. Islamabad has decided to send a six-member team under the aegis of the Special Committee of the Parliament on Kashmir to Germany. a 7-km deep borehole drilling has been planned. As India and Pakistan prepare for resumption of “full spectrum dialogue” from this month. The council will be empowered to recommend tax rates and exemption and threshold limits for goods and services. including industrial establishments.200 crore and Rs. GST is intended to remove cascading of taxes and provide a common national market for goods and services. The GST.

05 per cent for 2. including the humanitarian needs of those affected by the conflict. near the epicentre of the magnitude 9. the Revised National Tuberculosis Control Programme (RNTCP) is being further revised with the objective of universal access to quality TB care for all patients.42 per cent a week earlier. there are five million people living with TB in the region — a third of the global burden — and more than 3 million are affected every year. 8. wishing to study in Britain. Pakka Ilaaj” — (complete DOTS course. Country observed 80th Martyrdom Day of three freedom fighters.2. amid reports of divisions and tensions in the western alliance leading the military campaign in Libya. The home-grown Tata brand has been ranked as the first Indian brand to be in the top 50 club of global brands as per the latest Brand Finance's Global 500 2007 report.0 earthquake that hit the country on March 11. will face more restrictions from next month under plans to cut student visas by over 25 per cent a year — a reduction of close to 80. total cure) signifies a response to the emerging challenges regarding tuberculosis and its manifestations in the form of multi-drug resistant TB (MDR-TB) and co-infection with HIV. Rajguru and Sukhdev . uberculosis (TB) remains one of the biggest threats to public health in the World Health Organisation (WHO) . Union Finance Minister Pranab Mukherjee expressed concern over the ongoing crisis in West Asia. Britain has called an international conference in London next week to discuss the Libyan crisis.South-East Asia Region. 3. 7. The new slogan — “DOTS: Pura Course. Costlier vegetables. 26 March 1. Students from India and other non-European Union countries. The group of paramilitary and police officers from India's National Disaster Management Authority will travel from Tokyo to Sendai in northern Japan.000 visas. causing one death a minute. set to come into force from April. The intermediate target is to detect 90 per cent of all cases and successfully treat 90 per cent of them by 2015. New rules. 5. has submitted two reports. fruits and protein-based items have pushed food inflation to 10. will require applicants to demonstrate a higher knowledge of English than is required currently and only those sponsored by an accredited institution will be allowed to come in. as two-thirds of India's crude imports are from that region. Shunglu Committee. 3. The bank has won the award for the fifth year in a row. Although the total number of people affected by the disease has steadily declined in the last decade. Having achieved the global objectives of a new 70 per cent in case-detection and a treatment success rate of 85 per cent for the last three consecutive years. Playback singer Asha Bhosle was felicitated in the House of Commons (London) for her outstanding achievements in music. HDFC Bank has won The Asian Banker's ‘Best Retail Bank in India' award this year. to be held on March 29. the week ended March 12 from 9. appointed by Prime Minister Manmohan Singh to probe charges of corruption in Common wealth games. Bhagat Singh. A team of almost 50 trained rescue workers from India will arrive in Japan help with the earthquake recovery effort. V. The RNTCP is being implemented following the WHO-recommended Directly Observed Treatment Short Course (DOTS) strategy that provides a sure cure for tuberculosis with 6-8 months course and is available free of cost in the entire country.K. Page 74 . Development Vilasrao Deshmukh announced a new programme to attain a personal hygiene and solid and liquid management goal in rural areas by 2022. A number of Arab and African countries are expected to attend the conference. 5. 4. 6. 4.

and could have a significant impact on public health. which will be completed by August. National Association of Software and Services Companies (Nasscom) President Som Mittal said. 6. In the next fiscal. with which India is already negotiating an FTA. 360 crore. N. Prime Minister's Economic Advisory Council (PMEAC) Chairman C.6. 3. 5.000 industries in Tamil Nadu. Norway and Liechtenstein. Srikrishna to rewrite and harmonise financial sector legislations. while polluting ones will have to shell out money to meet the standard.4 per cent rise in global wheat production in 2011 over 2010. Page 75 . issuing permits to each industry on how much pollution it can individually emit in the air. Overall inflation was likely to decline to 7. Wheat cultivation in many countries had increased or was expected to increase this year in response to high prices. 7. The industry is set to register an 18. The EFTA comprising Switzerland. and will be complete in the next 18 months. it could decline to 6 per cent. 28 March 1. Maharashtra and Gujarat. This scheme covers only particulate matter — tiny particles of smoke. 7.7 per cent growth in the current fiscal in spite of concerns over the European markets.31 per cent in February. The Airports Authority of India (AAI) will come out with its initial public offering (IPO) sometime next year. These four countries are not part of the 27-nation European Union. caused by 1. 2. But the same technical details could later be expanded to include greenhouse gas emissions that impact climate change. 4. India launched its first pollution cap and trade scheme. The pilot scheme will cover air pollution 2. rules and regulations.34 crore — just over $0. Confederation of Real Estate Developers' Association (CREDAI) has elected Lalitkumar Jain as President. It is 3. NASA spacecraft Stardust has ended a 12-year run that helped the world better understand comets and plan for future deep space missions. However. A programme to monitor pollution on a real-time online basis is the first step that could be rolled out by year-end. This means cleaner units will make a profit by selling permits. dust and industrial emissions that hang in the air. this level would still be below the bumper harvests in 2008 and 2009.5 million — for the preliminary design phase. While the total cost of the scheme is estimated at Rs.5 per cent in March from 8. Iceland. India has extended the stay period for people visiting Jammu and Kashmir from Pakistan-occupied Kashmir from four weeks to six months with multiple entries. the World Bank has decided to sanction a grant of Rs. 27 March 1. causing air pollution and health woes. Rangarajan said the Reserve Bank of India (RBI) would have to continue with its monetary tightening policy to tame inflation. India and the Europe Free Trade Association (EFTA) are likely to conclude a free trade agreement (FTA) entailing a comprehensive bilateral trade and investment agreement by this year after fasttracking of the negotiations between the two groups. and then allowing them to buy and sell those permits. Trading could begin in early 2012. The Food and Agriculture Organisation's first forecast this year for world wheat production stood at 676 million tonnes in the March 2011 edition of the Crop Prospects and Food Situation report released. The Central Government constituted 11-member commission Financial Sector Legislative Reforms Commission (FSLRC) under the chairmanship of former Justice B. The scheme involves capping the total pollution by these industries.

9. Great Soul: Mahatma Gandhi And His Struggle With India is written by Pulitzer Prizewinning American author Joseph Lelyveld.N. the brand ambassador for ‘WWF (India) 2011-Earth Hour'.” 4. 4. 29 March 1. without including any from the Sunderbans. The Andhra Pradesh government moved the Supreme Court. 2. Pakistan Prime Minister Syed Yusuf Raza Gilani will join his Indian counterpart Manmohan Singh in Mohali to watch the India-Pakistan semifinal match of the ICC World Cup.30 p. The Supreme Court indicated that it would examine laying down guidelines fixing government's responsibilities to prevent agitators blocking rail and road traffic and causing damage to public property. The survey will include medical institutions also.706 Tigers in the country.” a NATO official said. Bharatanatyam dancer Leela Samson. 6.001 tmc ft. 4.m. 5. currently Chairperson of Sangeet Natak Akademi as the new Chairperson of the Central Board of Film Certification (CBFC). 3. Prime Minister Manmohan Singh said steps would be taken to make the Atomic Energy Regulatory Board (AERB) “truly autonomous and independent. 30 March 1. A similar appeal has been filed by Karnataka against the award. the conference would discuss the web's future direction and help it become all-inclusive. NATO agreed to take command of the military operations in Libya from a U. challenging the award of the Krishna Water Disputes Tribunal-II (KWDT-II) in respect of allocation of the Krishna waters among Andhra Pradesh. Lalit Bhasin has been appointed Chairperson of the Film Certification Appellate Tribunal. including Bangladesh.-led coalition. submitted in December last. The Election Commission (EC) has urged overseas Indians. India and Africa. have set a target of $70 billion by 2015. The largest number of tigers lives in Karnataka. 8. Bhutan.411 tigers. 6. led the country-wide initiative to switch off the lights for an hour at 8.2. who are not citizens/voters of any foreign country. The 2006 census had estimated that there were 1. the Union Human Resource Development Ministry has set up a task force that will oversee the survey. there are approximately 1. While Kaziranga in Assam has 100 tigers. As per the Tribunal's award. seeking to further strengthen the economic engagement. and Maharashtra 666 tmc ft. Andhra Pradesh will get 1. the book.S. It decided “to implement all aspects of the U. Resolution 1973 to protect civilians from the Qadhafi regime. 2. Mozambique Prime Minister Aires Bonifacio Baptista Ali visited India. 5. of water. Tiger population has grown 12 per cent in the last four years. to register their names for inclusion in the electoral rolls by applying to the Indian missions abroad. The ICC barred the electronic media from covering the remaining matches of the cricket World Cup for breaching the media guidelines. With the theme ‘Web for all'. in principle. 2008 Mumbai terror attacks. Sri Lanka and Nepal are attending a two-day conference on at National Academy of Legal Studies and Research (NALSAR) University of Law in Hyderabad. A global movement to arrest climate change. 3. The 20th international World Wide Web conference began in Hyderabad. 3. Going ahead with its proposal of conducting a higher education survey in the country. According to the 2010 tiger census. Bollywood actress Vidya Balan. the largest in a single reserve. Page 76 . Karnataka 911 tmc ft. to allow a Commission from India to visit that country in connection with the investigations into the November 26. 7. Legal experts from SAARC countries. Pakistan agreed. Karnataka and Maharashtra.

214. Bangladesh and Japan (1. 31 March 1. 5.5. 2. TRAI recommended formation of State Optical Fibre Agency (SOFA) in every State with 51 per cent equity held by NOFA and the balance by the respective State governments. after the United States and Japan. president. India's population has jumped to 1.429 people. The female literacy in 2001 was 53. the Telecom Regulatory Authority of India (TRAI) had came out with recommendations on setting up a National Broadband Network at an estimated cost of Rs. The male literacy. followed by Maharashtra with 112 million people. Registrar-General and Census Commissioner of India C. Daman and Diu has the lowest ratio. Chandramouli released the provisional data.. India's engineering exports breached the critical $50 billion-mark growing an aggressive pace of over 80 per cent during the April-February period of the current fiscal.21 percentage points. TRAI had suggested that the project be financed by the USO fund under the DoT. an increase of more than 181 million during 2001-11. Indonesia. Brazil.64 — males 17.7 million and females at 586.59 Page 77 . the centralised holding company. It is the third largest donor.000 crore. and loans be provided by the government. An international conference on Libya.46 per cent in 2011.19 and females 18. Rotary International. In December 2010.3 million). 8. India continued its rise as top destination ranking 10th among the G-20 countries and China emerging on the top. said. French President Nicolas Sarkozy will visit Tokyo on Thursday in his capacity as chairman of the Group of Eight and Group of 20 countries. 1 April 1. an increase of 9.04 per cent.21 billion.60. 6. Myanmar's military handed power to a nominally civilian government after almost half-a-century of rule. To roll-out the nation-wide networks. Bihar and Gujarat — have shown a decline in sex ratio as compared to Census 2001. Pakistan. according to provisional data of Census 2011 released. held in London. Even as Asia continued to be the favourite destination for investors parking money in clean energy projects rising sharply by 33 per cent. Only three major States — Jammu and Kashmir.12. With 618. India. The population is almost equal to the combined population of the U.83 per cent in 2001 to 74. Joseph Lelyveld's controversial book on Mahatma Gandhi. Ray Klinginsmith.038. The Supreme Court has asked the Union Water Resources Ministry to explore the possibility of resolving the Palar river water dispute between Tamil Nadu and Andhra Pradesh through negotiations. 7. in fact.14 per cent.5 per cent of the world's. To be set up in two phases.67 per cent and it has gone up to 65. The number of males stood at 623. Exports are expected to end the fiscal with $57 billion. Lakshadweep is the least populated at 64.26 to 82.000 males against 927 in Census 2001. The Gujarat government has banned “Great Soul: Mahatma Gandhi and His struggle with India”. India's population accounts for 17. The percentage growth in 2001-11 was 17. 9. Kerala with 1. in comparison. has now become a donor nation. this network will be an open access optical fibre network connecting all habitations with population of 500 and above and will be completed by 2013. Besides. TRAI has also recommended formation of a governmentowned holding company — National Optical Fibre Agency (NOFA). The gap of 21. rose from 75. as the junta was disbanded and a new President (Thein Sein) appointed. Child sex ratio [0 to 6 years] came down to 914 females per 1. 2.084 has the highest sex ratio followed by Puducherry with 1. The overall sex ratio nationwide has increased by seven percentage points to 940 against 933 in Census 2001. Uttar Pradesh is the most populous State with 199 million people. 3. which benefitted much from matching grants from the Rotary International Foundation.5 million.S. called for the NATO-led military operations to continue until Muammar Qadhafi agreed to a “verifiable” ceasefire. 4. The literacy rate has gone up from 64.

91 per cent. The adjudicating offices are to be set up in Delhi. Lakshadweep followed Kerala with a literacy level of 92. Besides ICICI Bank. Page 78 . chaired by Prime Minister Manmohan Singh.95 per cent. H. 2002 (SARFAESI Act 2002).9 billion. Centre announced allowing 100 per cent foreign direct investment (FDI) in the agriculture sector. 774 crore. The task of the new company will be to operate and maintain the Central Registry under the provisions of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act.V. continues to occupy the top position among States. Bangalore. Kolkata. Set up as per the announcement made by Finance Minister during his budget speech for 2011-12. The government approved a one time grant-in aid of Rs. Mumbai.28 per cent. Verma. 378 crore as budgetary support for implementation of GPS-aided Geo Augmented Navigation system (GAGAN). but it is over 50 per cent equity foreign owned.6 billion. also approved the Indirect Tax Ombudsman Guidelines 2011. The Ombudsman — an official whose job is to examine and report on complaints made by ordinary people about public authorities — will consider complaints of taxpayers. followed by Arunachal Pradesh at 66. 2013. Federal Bank. The project was expected to be ready for operational use by May. including seeds. would make the skies from South-East Asia to Africa. Union Ministry of Panchayati Raj adjudging Kerala as the State with the best Panchayati Raj system in the country. 6. they will have to follow FDI guidelines before making investments in any sector. it is owned by foreigners in that sense for downstream investment it is a foreign company.5 billion by the end of December 2010 from $261. The GAGAN system. 7. As these banks are classified as foreign entities. including commercial borrowings and non-resident Indian (NRI) deposits. including Indian airspace. much safer. The prestigious project. ICICI is an Indian bank. went up by 13. The government operationalised the Central Registry by incorporating the “Central Registry of Securitisation Asset Reconstruction and Security Interest of India” as a government company under the Companies Act.82 per cent. 2. the objective of the Central Registry is to prevent frauds in loan cases involving multiple lending from different banks on the same immovable property. percentage points recorded between male and female literacy rates in 2001 census has reduced to 16. the other lenders which have more than 50 per cent foreign equity holding are: HDFC Bank.2 billion as of Marchend that year.S. shall hold additional charge as the Registrar of the Central Registry. being developed jointly by the Airports Authority of India (AAI) and the Indian Space Research Organisation (ISRO). excise and service taxes.S. Ahmedabad and Lucknow. Archana Bhargav has taken as the new Executive Director of Canara Bank with effect from April 1. 3. IndusInd Bank. plantation. horticulture and cultivation of vegetables. The Union Cabinet approved the creation of seven posts of ‘Indirect Tax Ombudsmen' to undertake quick redress of grievances over customs. Upendra Kamath assumed charge as Chairman and Managing Director of Vijaya Bank with effect from April 1. while Bihar remained at the bottom of the ladder at 63. India's external debt. The short-term debt increased to $62. 1956. Chennai. 8. Kerala. Yes Bank. 2 April 1. would place India in the fourth position along with the U..3.68 percentage points in 2011. National Housing Bank Chairman R. estimated to cost Rs. For a period of three months. The Cabinet meeting. Europe and Japan to have such an advanced navigation system. with 93. 5.9 per cent to $297. 21 per cent constituted short-term debt while the balance 79 per cent was long-term debt. The country's long-term debt increased to $234. Union Commerce and Industry Ministry said that ICICI Bank and other lenders whose more than 50 per cent equity is owned by overseas entities would be treated as ‘foreign companies' for the purpose of computing FDI (foreign direct investment). ING Vysya and Development Credit Bank. 4.

4 April 1. what is claimed to be. the first Homeopathy University near Jaipur.3 April 1. Declaration of satellite phones made mandatory. Andhra Pradesh Chief Minister N. 2. Rajasthan Chief Minister Ashok Gehlot inaugurated. Page 79 . Kiran Kumar Reddy said that there would be 50 per cent reservation for women in the next local body elections in the State.