Rajya Sabha panel report on backward classes’ commission soon: Venkaiah Naidu
- On Friday Union
minister M Venkaiah Naidu said that A Bill to accord constitutional status to the National Commission for Backward Classes has been referred to the Select Committee of Rajya Sabha, which will submit its report during the next session of Parliament.
- He said that “The Bill has been referred by the government to the Select Committee of Rajya Sabha which has 25 members. The committee will submit its report in the first week of the next session.”
- On April 10 the bill was tabled and approved by the Lok Sabha, he added. The Senior BJP leader said that “There has been some delay in the passage of the Bill in Rajya Sabha as it has been referred to the Select Committee. It was already delayed by 30 years (by the earlier governments). Now, it will be delayed by another three months,” said the senior BJP leader.”
- The Union Information and Broadcasting Minister said that “To safeguard the interests of the socially and educationally backward classes more effectively, we had proposed constitutional status for the National Commission for Backward Classes.”
- He added that “There is nothing wrong in giving reservation to the poor people of any community. The Constitution says religion cannot be a basis for reservation. Reservation should not be a cause of injustice to the backward classes.”
- Venkaih Naidu Born – 1 July 1949 (age 67)
- Political Party – Bharatiya Janata Party
Govt to unveil Rs 5,000-crore pension plan, 5 mn central employees to benefit
- Next week the Union cabinet is set to accept a new Rs 5,000 crore pension formula that is expected to benefit more than 5 million central government employees.
- The new formula will calculate pension based on the latest drawn salary for a particular post, the official sources told HT.
- A senior Government official explained that “If a person retired as a director under the sixth pay commission, ten years later his pension would be fixed (based on) the salary of a director in the seventh pay commission.”
- The incremental method was found to have lacunae as 20% of records were found to be absent in various government departments, and officials felt this could guide to litigation in future.
Pak PM’s aide found guilty of ‘leaking’ info to Dawn newspaper’s Cyril Almeida
- Today a media reporter said Pakistan prime minister, Tariq Fatemi special assistant on foreign affairs, could be removed from his position after an inquiry found him guilty of “leaking” to important newspaper vital information from a high-level National Security meet.
- It is Fatemi who was primarily responsible for leaking report of the key meeting to the newspaper without due permission, according to the inquiry report.
- In the next 3-4 days the report will be presented to the Pakistan Prime Minister Nawaz Sharif, adding that it will now be difficult for Fatemi to maintain his position, sources were quoted as saying by the Express Tribune. On the last year of November the government had ordered an investigation on the Matter.
- The foreign office had vehemently rejected the report and termed it “speculative”.
- Capital – Islamabad
- President – Mamnoon Hussain
- Prime Minister – Nawaz Sharif
- Currency – Pakistan rupee
BANKING & FINANCE
RBI, Bank of Guyana sign MoU for supervisory exchange of information
- On Thursday the RBI has declared a signing of an MoU with the Bank of Guyana on “Supervisory Cooperation and Exchange of Supervisory Information”.
- The apexbank signed the MoU, Letter for Supervisory Co-operation and Statement of Co-operation with supervisors of a few countries to encourage greater co-operation and share supervisory information.
- Gobind N. Ganga has signed it, Governor on behalf ofBank of Guyana and Dr Urjit R. Patel, Governor on behalf of Reserve Bank of India.
- Before, RBI had signed a 40 such MoUs, one letter for supervisory Co-operation and one statement of Co-operation.
- RBI established – 1 April 1935; 82 years ago
- Governor – Urjit Patel
- Reserves – US$ 363.00 billion
Know EPF Balance: 8.65% Interest to Be Credited Soon
- The recently Labour Minister Bandaru Dattatreya said that the finance minister has agreed to a rate of interest of 8.65%.
- The minister said “Now, the communication will come. The formal discussions are over.” “We will immediately issue the notification and credit the rate of interest to over four crore subscribers.”
- The loyalty-cum life benefit was proposed by EPFO of up to Rs 50,000 at the time of retirement for providing to the scheme for 20 years or more. The EPFO board has decided the benefit will also be provided in case of permanent disability even if the members have contributed for less than 20 years.
AWARD & RECOGNITION
Political science honor for Amartya Sen
- Yesterday shortly after the declaration of Sen as the winner the information officer Michael Smrek at the skyte foundation told to telegraph that “The prize was overdue.”
- Although the prize, started in 1995, is meant to be open, all but three of the winners have been academics in America. The three exceptions have been from Germany and Italy. Sen is the first Indian winner.
- Sen Born – 3 November 1933 (age 83)
- Field – welfare economics, development economics, ethics
ISRO gears up for Venus odyssey
- Almost 3years after India’s Mars orbiter reached the red planet successfully on its first attempt; the Indian Space Research Organization (ISRO) is planning to undertake a similar mission to planet Venus.
- ISRO has invited proposals from scientist for space-based experiments to be carried out in the Venus mission, thus making a formal declaration of its objective to study the earth’s twin sister.
- ISRO has declared that the last date to receive the proposals from scientists is May 19.
- ISRO established – 15 August 1969
- Headquarters – Bengalaru, Karnataka, India
- Budget – Rs 90.94 billion
Indian Premier League reaches new landmark with 600th match
- On Thursday the match between Kings XI Punjab and Mumbai Indians was the 600th match of theIndian Premier League.
- The match played at Indore’s Holkar Cricket stadium, the Mumbai Indians won by 8 wickets after Jos Buttler’s 77 runs from 37 balls helped chase down the 199-run target set by Kings XI Punjab via Hashim Amla’s unbeaten 104.
- The Indian Premier League thus also becomes the first franchise T20 league in the world to have hosted 600 matches.
- RCB and MI share the record for most matches played over the 10 seasons of the Indian Premier League.
- First Tournament – 2008
- of teams – 8
- Administrator – IPL Governing Council, BCCI
ICC Champions Trophy: India to play warm-up matches vs New Zealand, Bangladesh
- For the 2017 ICC Champions Trophy Indian cricket team will prepare with 2 warm up matches in the days leading upto the tournament.
- On May 28, the Indian led by Virat Kohli team will take head on New Zealand and On May 30 Bangladesh as part of the preparations for the ICC champions Trophy.
- A total of six warm-up matches will be played from May 26 to May 30, with all matches starting at 3pm IST.
- Administrator – International Cricket Council
- First Tournament – 1998
- of Teams – 8