Current affairs June 1 2015

Jun 2 • current affairs • 1353 Views • No Comments on Current affairs June 1 2015

1.  Modi chacha to be First Prime Minister of India to Visit Israel & Palestine

In a strategic Move India’s Foreign diplomacy is changing through Modi Chacha and his less known Foreign Minister Sushma Swaraj , India has decided to send its first Prime Minister to Israel since its inception and recognition by India in 1950 although India had voted against Israel in 1949.

Although Since 1990 P B Narshima Rao government , Indian relation with Israel have smoothed and many of the times top leaders like former west Bengal chief minister Mr Jyoti Bashu  , In August 2000 former Home Minister L.K Advani , Jaswant Sinha visited Israel and in 2003 Israel Prime Minister Ariel Sharon had visited India but not Prime minister of India ever visited controversial country.


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What we expect from Prime ministers visit to Israel

Just a foreign tour or this diplomacy has some meaning to it could have been a big question and experts believe that India want help Israel in its Make in India campaign and as Prime Minister Narendra Modi is one of the few International leaders who calls “Benjamin Netanyahu” as his friend , India can expect far better relations in arms manufacturing at home level with Israel expertise.

2. India to stop sales of NON BS-4 cars from April 2017

Mass emission norms for BS-4 will be applicable from 1st April 2017 in whole country. Although BS-4 Norms are

applicable now in major cities like Delhi NCR , Mumbai , Chennai & Kolkata and Hyderabad.

From October 2015 BS-$ norms will be applicable in J&K , Punjab , Haryana , Himacha Pradesh , Uttrakhand , Rajasthan and most ditricts of UP.

From April 2016 it will be applicable in Odhisa , Karnatka , Kerala , Telangana , “Daman & Diu” , “Dadra & Nagar Haveli” & Andman Nicobar

This will increase sales price of BS-4 vehicles as of now.

3. One Rank One Pension (OROP) again got condolence from Chacha Modi 

In his brief interaction on “Man ki Baat” Modi chacha asked Ex service men to wait for few more time , as according to him this matter is complex and he needs more time to sort it out , although ex service men feel that Prime minister is being briefed in wrong manner by bureaucracy and their is nothing more or less to discuss in this (OROP)

4. Beijing roles out tough anti smoking law 

China is getting fed up of its pollution and aging population , to curb this government has posted full ban on smoking in Public transport , Restaurants and offices. An individual can be fined upto 200 yuan and business upto 10000 yuan

5. International insurers may agree for Nuclear cover pool

Dominance of GIC may come down slowly as now International re insurers agree to re insure Indian Nuclear power plants on conditions led by Government of India. Earlier insurers were pitching for inspection of “Hot” section before re insuring a Nuclear power plant , for which India was not ready. Keeping in mind that claim ratio is least in this form of business. International re insurers are ready to pitch in total pool of Rs 1500 crores in which GIC leads domestic insurers have commitment of Rs 900 cr.

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