Current Affairs – April, 2013

India expresses concerns to Saudi Arabia over ‘Nitaqat’

India has expressed its concerns to Saudi Arabia over the possibility of job losses of a large number of Indian workers in the kingdom because of a new labour law (Nitaqat). Both the nations have set up a Joint Working Group (JWG) which will deliberate on framing a Memorandum of Understanding, which is to be Read More…

NABARD opens first Farmers’ Club in Kargil

Kargil got its first Farmers’Club, as NABARD inaugurated Trespone Farmer’s Club at Trespone TSG Block in the district. What is Farmers’ Club (FCs) ? Farmers’ Clubs (FCs) are grassroot level informal forums of farmers. Such Clubs are organized by rural branches of banks with the support and financial assistance of NABARD for the mutual benefit of Read More…

Government sets up Inter-ministerial Committee to boost exports from MSMEs

Govt sets up Inter-ministerial Committee for promoting exports of Micro, Small and Medium Enterprises (MSME) sector. Why need for the Inter-Ministrial Committee? Revival of exports which were affected by global economic slowdown ( exports decline to USD 300 billion as against projected USD 360 billion) Overcoming the widening trade deficit gap as it resulted into Read More…

India’s over one-fourth land hit by desertification: Report

As per a recent report by the Environment Ministry submitted to the United Nations Convention to Combat Desertification, more than one-fourth of India’s geographical area is undergoing the process of desertification despite ongoing efforts to tackle the problem. Key findings of the Report: India which has a total geographic area of 328 million hectares is grappling with Desertification, Land Read More…

Indian Guinness record holder Sailendra Nath Roy passed away

Indian Stuntman Sailendra Nath Roy (48) passed away due to heart failure during his record try at Teesta River in Siliguri, West Bengal. He is registered in the Guinness Book of World Records by the farthest distance travelled on a zip wire using hair. Some special achievements:Some Special Achievements: In 2007, he flew from one Read More…