26 July 2016 - Current Affairs

Lok Sabha passes Institutes of Technology (Amendment) Bill
The Lok Sabha has passed Institutes of Technology (Amendment) Bill, 2016 or opening six new IITs. The Bill seeks to amend the Institutes of Technology Act, 1961 to add six new IITs as institutions of national importance. Key Features of Bill Addition of six new IITs in Palakkad (Kerala), Tirupati (Andhra Pradesh), Goa, Dharwar (Karnataka), Bhilai (Chhattisgarh) and Jammu (Jammu and Kashmir).

Budha Rashmi Mani appointed as Director General of National Museum
Former Archaeological Survey of India (ASI) official Dr. Budha Rashmi Mani was appointed as Director General (DG) of National Museum. He was appointed by the Appointments Committee of the Cabinet (ACC) presided by Prime Minister Narendra Modi. He will have tenure of 3 years or till attainment of age 70.

G-20 Finance Ministers pledge to boost global economy
The Finance Ministers from the Group of 20 (G-20) major economies have pledged to boost the global economy, which is showing a weak recovery. This announcement was made at the end of the two-day meeting of G-20 Finance ministers and Central Bank Governors meeting held in the Chinese city of Chengdu.

Union Government to redraw Red Corridor
The Union Government is planning to redraw Red Corridor by reducing the number of Maoist (LWE: Left wing extremism) affected districts by about a fifth. In this regard, approximately 20 of the 106 districts which have been described as being Maoist-affected and are part of the Red Corridor may be removed from the list. Consequences: Once these districts are taken off the list of Red Corridor, the financial aid made available to these districts annually for various developmental works will dry up.

India makes first contribution to UN Trust Fund for victims of sexual exploitation
India has contributed US 100,000 dollars to the United Nations’ Trust Fund in support of victims of sexual exploitation and abuse by peacekeepers. With this India became the first country to make a contribution to the fund and to start UN fund for sex abuse victims.

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