Current Affairs – October, 2014

Latest Current Affairs October, 2014 with Current Affairs, news summary on current events of National and International importance of October, 2014 for Banking, SSC, CLAT, UPSC, State PCS, IBPS, Railways and other Competitive Examinations.

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Pakistan launched housing project in Sri Lanka

Pakistan has launched a project to build houses in Mannar in Sri Lanka. A cheque of $ 1 mn has been handed over to Sri Lanka by the Pakistan side to carry out the project.

Nature of the project

The houses will not be built by the Pakistanis themselves, who will only fund the project. A total of 220 homes will be built with the one million dollars. Each family will be given approximately Rs. 2.6 lakh to build their houses. The houses will be built on an owner driven model, wherein the amount is given to the beneficiaries in the form of installments at different stages of progress. The Sri Lankan government will disburse the funds given by Pakistan through local government agencies. A predominantly Muslim village will be covered first under Pakistan’s project, which will eventually expand to include some Sinhala and Tamil families.

India’s housing project

Notably, India is currently building 6,000 homes in Mannar for families displaced due to war. These houses are also built on an owner driven model, wherein the owner builds it. However, instead of handing over the funding to Sri Lanka, India has enlisted the assistance of agencies like the UN Habitat to implement its housing project in different villages.

Mannar

Mannar is a coastal district in Sri Lanka’s Northern Province.  Mannar has a majority of Tamil speakers. It has a unique ethnic and religious composition which include sizeable number of Muslims, Catholics, Hindus and some Buddhists. Mannar houses the largest number of Muslims in the province.

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World Standards Day Observed on October 14

The World Standards Day was celebrated in most countries across the globe on 14 October. World Standards Day is celebrated annually on 14th of October to mark the development of voluntary engineering and scientific standards.

Aim of World Standards Day

The Day honours the efforts of thousands of experts across the globe, who came together to develop the voluntary technical agreements that are published as international standards. These experts mostly worked  under different standards development organizations such as the IEC (International Electrotechnical Commission), ISO (International Organisation for Standardization), ITU (International Teleommunication Union), IEEE (Institute of Electrical and Electronics Engineers) and the IETF (Internet Engineering Task Force).  World Standards Day is also to celebrate the work of these organizations.

Also, World Standards Day seeks to raise awareness regarding the significance of standardization in the global economy, among regulators, industry and consumers.

Origins of World Standards Day

On October 14, 1946, representatives from 25 countries gathered in London for the first time with the aim of creating an international organization solely focused on facilitating standardization. The ISO was formed a year later in 1947. The first World Standards Day was celebrated on 14 October, 1970.

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