NATIONAL UPDATES:
1.
Major highlights/announcement of the Union Budget 2016-17: Union
Finance Minister Arun Jaitley presented his 3rd Union Budget today.
Highlights of which are as follows:
-Forex
reserves are at highest level of $350 billion.
-2016:
Current account deficit seen at 1.4% of GDP.
-GDP
growth has accelerated to 7.6%. CPI inflation has come down to 5.4%.
-FY
2016-17 will have the additional burden of implementing the VII pay commission
and the defence OROP.
-New
schemes for BPL families for gas connections.
-Statutory
backing for Aadhaar platform to ensure delivery of benefits.
2.
Dinesh Sharma appointed as Chairman of Governing Council of the International
Fund for Agriculture Development (IFAD).
3. Punjab imposed ban on sale of Army Uniforms
in the state: Any person who wants to buy the uniform
would have to submit a self-attested copy of his identity card and phone number
with the shopkeeper.
4. Ajay Shankar Committee
recommendations on Prior Permission and Regulatory Mechanisms: The
committee recommended that there is a need for a standing institutional
mechanism within government for an independent Regulatory Impact Assessment on
an on-going basis of the existing regulatory requirements and proposed new ones
across the entire range of economic values.
5. Alok Kumar Verma took charge as Delhi
Police Commissioner.
6. London listed Vedanta Resources Inc.
wins country’s first gold mine auction in Chhattisgarh.
7. Vice Admiral HCS Bisht assumes charge
of Eastern Naval Command.
INTERNATIONAL UPDATES:
1.
Oscar Awards 2016 conferred; film Mad Mux: Fury Road won maximum awards: Chris
Rock hosted the 88th Academy Awards and Bollywood Actress Priyanka
Chopra made her debut on the Oscars red carpet and presented the award. Best
picture: Spotlight, Best Director: Alejandro Gonzalez Inarritu for The
Revenant, Best Actor: Leonardo di Caprio for The Revenant, Best Actress: Brie
Larson for Room, etc.
2.
Hashim Thaci elected as the President of Kosovo: The
capital of Kosovo is Pristina.
OTHER UPDATES:
SPORTS:
1. Rozle
Prezelj elected Chairman of IAAF Athletes’ Commission.
2. Cricbuzz
signs Virender Sehwag as its expert for ICC World T20.
AWARDS:
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