Tractor-manufacturer Tractors and Farm Equipment (TAFE) Ltd has signed an MoU with Petroleum Conservation Research Association (PCRA) to aid conservation of resources. Under the MoU, the association plans to jointly conduct agricultural workshops by involving TAFE’s dealership network. The workshop would help spread awareness on the advantages of better maintenance and upkeep of the tractors, resulting in lesser fuel consumption and maximising productivity, among others.
Source- Business Standard

  The Sunil Mittal led telecom major Bharti Airtel and Hughes Communications India (HCIL) have decided to combine their VSAT (Very Small Aperture Terminal) satellite communications operations in India. The transaction is subject to approvals by relevant authorities. HCIL is the India unit of Hughes Network Systems, LLC, the global leader in broadband satellite networks and services. VSAT refers to the provision of data services using satellites and is used extensively by banks and ATMs. Hughes will have majority ownership in the combined entity and Airtel will have a significant shareholding.
Source: Business Standard

  The Chhattisgarh police for the first time has inducted women commandos in the District Reserve Guard (DRG), its frontline anti-Naxal force. Comprising 30 women led by Deputy Superintendent of Police (DSP) Dineshwari Nand, have received extensive training in jungle combat. With the induction of the women commando contingent, the number of platoons of the DRG in Dantewada now stands at six.
Source- The Quint

  Prof. Kirpal Singh, the first chronicler of Partition, who started building an archive in 1954, passed away at 95 in Chandigarh. He began his journey in Partition’s historiography in 1953 as a young lecturer at Khalsa College, Amritsar.
Source- The Quint

 India was re-elected as Observer to the Arctic Council, an intergovernmental forum. The decision was taken during the 11th Arctic Council ministerial meeting at Rovaniemi, Finland. The Council also appointed the International Maritime Organisation (IMO) as a new Observer. India successfully got the Observer status in 2013 during the Kiruna Ministerial meeting held in Sweden.
Source- The Livemint

  Vice President of India Venkaiah Naidu embarked on a four-day official visit to Vietnam to participate in 16th United Nations Day of Vesak. The visit is scheduled to enhance India’s comprehensive strategic partnership with the Southeast Asian nation. During the visit, VP will deliver the keynote address at the inaugural session of the event themed as “Buddhist Approach to Global Leadership and Shared Responsibilities for Sustainable Societies.” 
Source- News On AIR

 Prof N.R. Madhava Menon, an educationist, scholar, and the pioneering spirit behind modern legal education in India, has passed away. He was 84 years old. Menon was bestowed with the Padma Shri in 2003 for his outstanding contribution to public services.
Source: Livemint

  Renowned economist Baidyanath Mishra passed away due to old-age related problems. He was 99. Mishra had started his career as a lecturer in Ravenshaw University in Cuttack in 1949. He was vice-chancellor of Odisha University of Agriculture and Technology (OUAT) from 1981 to 1985. He was also the chairman of the State Planning Board from 1985 to 1990.
Source: Business Standard

  Ministry of New & Renewable Energy (MNRE) held a ‘Chintan Baithak’ with the stakeholders of the Renewable Energy sector. The ‘Baithak’ (meet) was chaired by Secretary, MNRE, Anand Kumar and saw good participation from Renewable Energy (RE) sector including the representatives of major RE developers, equipment manufacturers, financers, regulators, think-tanks, industry bodies and skill developers. The day long meet deliberated upon various issues pertaining to the RE sector viz. solar, wind, bio-energy, small-hydro, regulatory issues, bidding & pricing, demand forecasting, financing of RE projects, energy storage, Make in India, skilling India’s RE work force etc.
Source- Press Information Bureau (PIB)

 The 15th Finance Commission headed by Chairman, N.K. Singh held a detailed meeting with the Governor and Deputy Governors of RBI in Mumbai. Key issues raised by RBI Governor, Shaktikanta Das and Finance Commission Chairman, N.K. Singh were discussed in detail at the meeting.
These issues included the following:–
  • The necessity of setting up State Finance Commissions for respective State Governments.
  • Public Sector Borrowing Requirements.
  • Continuity of the Finance Commission.
  • Need for Expenditure Codes, especially given that expenditure norms vary from state to state.
  • Role of States in Growth and Inflation, for instance, role of states in Ease of doing Business.
Source- Press Information Bureau (PIB)



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