Events-India-May-2013

Cabinet allows Drafting of Citizens Charter Bill  more

CAG finds scam in Rs 52,000-crore farm loan waiver scheme more

The current CAG of India is Shashi Kant Sharma

President Pranab Mukherjee reaches Mauritius on three-day visit more

India's cruise missile Nirbhay's maiden test fails more

NCTC will work under IB more

Morsi visit: India, Egypt ink seven pacts more

UPA - United Progressive Alliance 

CAG - Comptroller and Auditor General
ADWDRS - Audit of Agricultural Debt Waiver and Debt Relief Scheme
DFS - Department of Financial Services
DTAA - Double Tax Avoidance Agreement
SADC - Southern African Development Community
COMESA - Common Market for Eastern and Southern Africa
NCTC - National Counter Terrorism Centre

Economy-April-2013

:CSO released estimates of National Income 2012-2013
Estimated GDP 55,03,476 crore
Estimated growth of GDP is 5.0

:RBI Guidelines for new bank
minimum capital should be 500 crore
For the first five years foreign shareholders must be 49%

:Food grain output in 2012-13 may fall to 3.5% (250.14 tonnes)

:India's External debt increased by 9.4%

:BHEL and GAIL got maharatna status
other companies are ONGC,NTPC,SAIL,IOC,CIL

:New stock exchange - MCX-SX

:Rajeev Gandhi equity Saving scheme launched
applicable to companies with profit upto 10 lacks
50000 tax relief is given



GDP-Gross Domestic Product
CSO-Central Statistics Office
NNI-Net National Income
GAIL-Gas authority of India Limited
BHEL - Bharath Heavy Electronics Limited
IIP - Index of industry production
WPI - Whole sale price index


Defs

Trade deficit : Countries import exceeds its exports

Events-India-April-2013

:VVIP Chopper scam

*SP Tyagi was alleged for 51 million Euros scam for altering the technical specification required

*Christian Michel is the UK base middle man

*Finmeccanica is the Italian company involved

*AgustaWestland NV is a British-Italian multinational helicopter design and manufacturing company, and a wholly owned subsidiary of Finmeccanica

*12 AgustaWestland AW101 Choppers

*Tata has tie upm with AW in producing 8 seat AW119Ke light helicopters

:French President Francois Hollande's visit to India

Short range surface to air missile
16 Rafale aircraft
Jaitapur Nuclear Project (http://en.wikipedia.org/wiki/Jaitapur_Nuclear_Power_Project)
Bangalore metro Phase I

:President promulgated Anti-rape ordinance

Based on JS Verma committe
Rape is replaced by sexual assault
Capital punishment for sexual assault

:Defence ministry clears new corps on china border

:Govt constitutes Power advisory panel (http://energy.gov/oe/services/electricity-advisory-committee-eac)
Headed by Minister of power Shri Jyotiradiya Madhavrao Scindia (http://upscportal.com/civilservices/current-affairs/voice-notes/31-march-2013)

:Army gets first indigenous chopper-Rudra
Provided by HAL

:Afzal Guru hanged in Tihar jail

:Election commission bared 2171 candidates who failed to provide the details of expenditure during
parliamentary and assembly elections.

:British Prime Minister David Cameron Visited India
Announced same-day visa for Indians
Wont set any limit for students pursuing higher studies in London

:Parliament passes sexual harassment bill

:New Intercepter boat for Coast gaurd C-154 made by bharati Shipyards with Arneson surface drive

:PSLV C20 launched (101th mission)
Carries SARAL(Argos and Altika From France to study about ocean parameters)


Minister of power - Shri Jyotiradiya Madhavrao Scindia

List of ministers http://www.mapsofindia.com/election/list-of-portfolios.html

CEA - Central Electricity Authority
ADAG - Anil Dhirubhai Ambani Group
HAL - Hindustan Aeronautics limited
PSLV- Polar Satellite Launch Vehicle