Current Affairs May 2013

Himachal High court bans on food in plastic packs

The Himachal Pradesh High Court banned on the sale of potato chips, wafers and all junk food items packaged in plastic and non-biodegradable material from January 26, 2014. It directed the government to strictly enforce the ban on non-essential food items. The ban will not cover plastic drinking water bottles. The court vacated its stay Read More…

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Usha Ananthasubramanian becomes the first Chief of Bharatiya Mahila Bank – India’s first all women Bank

The Union Government appointed Usha Ananthasubramanian as the Chairperson and Managing Director (CMD) of public sector Bharatiya Mahila Bank (BMB), the first women bank of India. Prior to her appointment in BMB, she was an Executive Director with Punjab National Bank (PNB).  About Bharatiya Mahila Bank (BMB) Objective: Focus on the banking needs of the women and promote economic empowerment. It will Read More…

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CCEA approves PGCIL follow-on public offer

Providing a significant impetus to the government’s disinvestment programme to raise Rs.40,000 crore in this fiscal (2013-14), Cabinet Committee on Economic Affairs (CCEA) gave its approval for the Follow-on Public Offer (FPO) of Power Grid Corporation of India Limited (PGCIL) to raise about Rs.7,500 crore. PGCIL will issue its 17% stake through FPO. This includes Read More…

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Father of IBM personal computer: William C Lowe dead

William C Lowe (72), who pioneered the conception and manufacturing of IBM’s first personal computer, passed away in Lake Forest, Illinois. William C Lowe: Lowe joined IBM in 1962, when he finished college with a physics degree. In 1980, William C Lowe, who was a lab director at that time, proposed the idea that IBM Read More…

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Govt of India launches Jiyo Parsi scheme

With the aim to contain the dwindling population of Parsis in India, the Jiyo Parsi scheme has been launched by the Ministry of Minority Affairs, Government of India. What is Jiyo Parsi scheme? Jiyo parsi scheme has the objective of reversing the declining trend of Parsi population by adopting scientific protocol and structured interventions, stabilize Read More…

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