i. Germanys Development Bank KfW will provide loan assistance of 3750 crore rupees for the modern and sustainable metro system for Nagpur city. _testing_joice1
ii. In this regard, a loan agreement was signed by Joint Secretary in Department of Economic Affairs S Selvaraj and Director General of KfW Roland Siller in New Delhi.
iii. The loan period is 20 years with a moratorium of 5 years and disbursal will be based on the progress of the project over three years. v. The bank depends on a variety of instruments to raise resources, including certificate of deposits, commercial papers, non-convertible debentures and credit lines from external agencies.
Germanys Development Bank KfW to provide loan assistance to metro system for Nagpur
iv. With this Nagpur metro project becomes first metro to be financed under the Indo-German partnership for clean, socially inclusive and climate friendly mobility for people in cities.
v. The project is being executed by Nagpur Metro Rail Corporation Limited and its total costing is of 8,680 crore rupees.
HL Dattu appointed to International Human Rights body
i. Justice HL Dattu, chairperson, National Human Rights Commission, India emerged as the unanimous choice to be appointed as a member of the International Coordinating Committee of NHRIs (ICC) Bureau in Geneva.
ii. Justice Dattu with his vast experience and legal expertise is expected to contribute richly to the approach of the ICC on the human rights issues being faced by the international community.
iii. His presence on the ICC Bureau will help in not only strengthening the ICC but also enhance the role of NHRIs in the United Nations mechanisms.
iv. He will also be working towards the creation of new NHRIs in the countries, which have not set up such bodies. India's Defence Lab Develops Thermal imaging Radar To Look Through Walls
i. In what can prove to be a great aid for the Indian forces in dealing with hostage situations, India's premier government R&D body DRDO has developed a radar that can look through a wall.
ii. The Through Barrier Imaging Radar, named 'Divyachakshu' (divine eye), has been developed by Defence Research and Development Organisation's (DRDO) Electronics & Radar Development Establishment (LRDE) based in Bangalore and is going through development trials now.
iii. It can look though walls of 20-30 cm thickness made of any material, by using thermal imaging.
iv. "The radar can produce images from the other side of the barrier up to a distance of 20 metres.
v. It catches the thermal signatures and movements in a room can be clearly seen," a scientist working on the project told IANS on condition of anonymity.
Cabinet approves Udaan scheme till 2019-20
i. The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, has given its approval for extension of time period of the Special Industry Initiative for J&K (SII J&K) Udaan scheme till 2019-20.
ii. Initially, the time period of Udaan was up to 2015-16.
iii. Udaan provides exposure to the youth of Jammu and Kashmir to the best of corporate India and corporate India to the rich talent pool available in the State. So far, 67 leading corporates have partnered with National Skill Development Corporation (NSDC) under Udaan with a commitment to train youth from the state covering Organized Retail, Banking, Financial Services, IT, ITES, Infrastructure, Hospitality etc.
iv. More than 19,000 candidates have been selected, more than 15,000 have joined training, out of them, 8700 candidates have completed training and 6,838 have been offered jobs.
v. It is expected that the target of the scheme, to train and enhance employability of 40,000 graduates, post graduates and three year engineering diploma holders, will be achieved by 2019-20.
Ali Mohamed Shein is a new President of Zanzibar
i. The electoral authority of Tanzanias semi-autonomous archipelago of Zanzibar, the ZEC, announced incumbent President Ali Mohamed Shein had won his re-election bid, after polls boycotted by the main opposition party.
ii. Shein from the ruling CCM party easily won after the main opposition party, the Civic United Front or CUF, boycotted the election, protesting the ZECs decision to nullify the results of last Octobers general election in which the opposition apparently won both the presidency and the house of representatives.
iii. International observers, including the European Union and other international bodies, made clear their stand by condemning not only the election re-run, but also the nullification of the October election results.
iv. International observers also did not also go to Zanzibar to observe polls, except for African Union representatives. Since the multiparty system was re-introduced in the country in 1992, with the first multiparty general election in 1995, there has been no easy election for Zanzibars ruling CCM.
v. In some four consecutive presidential elections, Hamad claimed to be the winner, but was unrecognized as such by electoral authorities. In 2010, the election in Zanzibar went smoothly following constitutional amendments which led to a government of national unity between the ruling CCM and the main opposition CUF, with Hamad appointed first vice president to Shain.
PadmaAward Has Been Presented By The President Pranab Mukherjee
i. Today President Pranab Mukherjee haspresented five Padma Vibhushan, eight Padma Bhushan and forty-three Padma Shriawards at the Rashtrapati Bhavan in New Delhi.
ii. The government had announced Padma awardsfor 112 eminent persons on the eve of Republic Day. But today 56 persons havereceived the awards.
iii. The list comprises 10 Padma Vibhushan, 19Padma Bhushan and 83 Padma Shri awardees. 19 of the awardees are women and thelist also includes 10 persons in the category of foreigners, NRIs, PIOs(include one posthumous) and 4 posthumous awardees.
iv. Here is the list of recipients:
Padma Vibhushan :
1.Founder of Reliance Industries lateDhirubhai Hirachand Ambani (posthumous)
2.Former Governor of Jammu and KashmirJagmohan
3.Art of Living founder Sri Sri RaviShankar
4.Indian-American economist Avinash KamalakarDixit and
5.Renowned dancer Yamini Krishnamurti.
63rd National Film Awards 2015 wereannounced on 28 March 2016.
Baahubali:The Beginning (Tamil, Telugu) directed by S.S. Rajamouli was selected as the Best feature film. Bajrangi Bhaijaan (Hindi) directed by Kabir Khan was selected as theBest Popular film providing wholesome entertainment.
The 63rd National Film Awards in the variouscategories are as follows
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About National Film Awards
· · · · Union Govt Launched Rotavirus Vaccine
· · · · The rotavirus vaccinewas developed indigenously, under a public-private partnership by the Ministryof Science and Ministry of Health and Family Welfare.
Nandita Bakhshi Appointed as President CEO ofBank of the West
Indian-American Nandita Bakshi has been appointedthe President and Chief Executive Officer (CEO) of Bank of the West, asubsidiary unit of French banking giant BNP Paribas. She will take over theroles of President and CEO-designate effective from 1 April 2016 and willassume the role on 1 June 2016. She will take over the roles of President andCEO-designate effective from 1 April 2016 and will assume the role on 1 June2016. She will succeed Michael Shepherd who has been appointed as chairman ofthe BNP Paribas USA, a new holding company for all BNP Paribas subsidiaries inthe United States.