Friday 1 January 2016

Current affairs 01 - January - 2016

1)  The Union Cabinet has given its approval to sign Memoranda of Understanding (MOU) on the Conservation of Migratory Birds of Prey in Africa and Eurasia. This MoU is also called as the ‘Raptor MoU’ under the Convention on Conservation of Migratory Species (CMS). With signing it, India will become the 54th signatory to the MoU.
2)  The CMS (also known as Bonn Convention) under the aegis of the United Nations Environment Programme (UNEP) aims to conserve migratory species throughout their range. India had become a party to the CMS since 1st November 1983. Pakistan and Nepal are the Indian neighbours who are signatories to this MoU.
3)  The Union Cabinet chaired by Prime Minister Narendra Modi approved the India-Australia Civil Nuclear Cooperation deal that came into force on November 13, 2015. The deal along with the administrative arrangement for implementing the accord will bolster India’s energy security by supporting the expansion of nuclear power in the country.
4)  Presently, nuclear energy just contributes 3 per cent of electricity generation in India. The energy starved country has less than two dozen small reactors at six sites with a capacity of 4,780 MW of its total power capacity. India is seeking to diversify its electricity generation and is planning to increase its nuclear capacity to 63,000 MW by 2032 by adding nearly 30 new reactors.
5)  The Cabinet Committee on Economic Affairs (CCEA) has approved introduction of Amended Technology Upgradation Fund Scheme (ATUFS) for technology upgradation of the textiles industry. Decision in this regard was taken by CCEA meeting chaired by the Prime Minister Narendra Modi in New Delhi. The ATUFS replaces existing Revised Restructured Technology Upgradation Fund Scheme (RR-TUFS) to give a boost to textile sector under Make in India campaign.
6)  TUFS was introduced by the Union Government in 1999 to facilitate new technology for making the Indian textile industry globally competitive and to reduce the capital cost for the textile industry. The scheme was earlier amended for continuation during the 12th Five year Plan into Revised Restructured Technology Upgradation Fund Scheme .

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