Free medicine scheme 2014 US Agency for International general insurance companies


Free medicine scheme 2014

current affairs 20 september 2012

Agni-IV scores a hit yet again
India has successfully flight-tested the surface-to-surface Agni-IV missile for its “full range of 4,000 km.”The payload systems withstood a searing temperature of more than 3,000 degrees Celsius during the re-entry phase. Agni-IV is a modified version of the Agni-II strategic missile and was originally called Agni-II Prime whose first test in December 10, 2011failed.. The Defence Research and Development Organisation (DRDO) has designed and developed Agni-IV, which is 20 metres long and weighs 17 tonnes. The two-stage vehicle, which uses solid fuel, can carry a one-tonne nuclear warhead. V.K. Saraswat, Scientific Adviser to the Defence Minister and DRDO Director-General, told “The second success of the Agni-IV confirms the reliability of its design. India’s missile technological programme has become mature, and we can now design any missile for any mission, depending on the threat profile.”
Aamir to lead new campaign against malnutrition
The Union Women & Child Development Ministry is calling it a virtual coup having roped in Bollywood superstar Aamir Khan for its new Information Education & Communication (IEC) campaign against malnutrition which is to be inaugurated on November 14. Buoyant with the success of having brought in one of Bollywood’s best names, the Ministry is now looking towards actor Priyanka Chopra to be the face for its campaign against female foeticide. WCD Minister Krishna Tirath said, “The actor had problem settling on a date, but we had an understanding with him about the free-of-cost and totally volunteer-based contribution of the actor to the programme.”
Information Commissioners are not judges in most nations
Not one serving or retired judge was found in a recent survey of Information Commissioners conducted across 35 national and provincial jurisdictions around the world. The survey, conducted by Venkatesh Nayak of the Commonwealth Human Rights Initiative’s Access to Information Programme, covered a range of countries such as the United Kingdom, Australia, Canada, Germany, Hungary, Ireland, Switzerland, Mexico, Indonesia, Bangladesh and Nepal. There are no Information Commissioners in the U.S. and all Freedom of Information appeals lie with the courts. The Indian Supreme Court ruled that Information Commissions are quasi-judicial in nature and must, therefore, work in benches of two members, one of whom should be a judicial member. The Court said the Information Commissioner should preferably be a High Court judge while the Chief Information Commissioner at the Centre and in the States should “only be a person who is or has been a Chief Justice of a High Court or a Judge of the Supreme Court”.
Leprosy resurgence: Min seeks Rs700-cr for 12th plan
Resurgence of leprosy in various States has left the Union Health Ministry worried. It has now sought funds to the tune of over Rs700 crore in the XIIth Five Year Plan, which is three times higher than that sought in the previous Plan, to upgrade human resource and infrastructure to tackle the disease. Around 300 endemic districts in 16 States such as Jharkhand, Uttar Pradesh, Bihar and Odisha have been already identified for focused measures for complete elimination of leprosy. This is for the first time since 2005 when the leprosy was declared eliminated that the Ministry has realised the growing threat from the bacillus bacterium, Mycobacterium leprae, causing leprosy. As many as 1,27,200 fresh cases of leprosy were reported in 2011-12 against 126,800 cases in 2010-11. Uttar Pradesh topped the list with 24,627 cases, followed by Maharashtra with 17,892 cases and Bihar with 17,801. The reason for worry is not without reasons. Out of the 2.1 lakh cases in the world, 55 per cent of the total leprosy is from India.
Now, films will have to justify smoking scenes
Come October 2, directors and producers of all new films will have to show "strong editorial justification" to Central Board of Film Certification (CBFC) for using smoking scenes in movies and TV programmes before it is cleared for public viewing. In case of both old and new films, a 30-second anti-tobacco health spot has to be mandatorily played before and in the middle of the film, if it shows a smoking scene. There also has to be a 20-second audio visual disclaimer prepared by the Union health ministry, which will also have to be shown by the movie theatre owners at the beginning and in the middle of the screening. In all new films, a static Page 2 of 4 20th August 2012
anti-tobacco message will also have to flash during a smoking scene.
Free medicine scheme gets Rs 1,300 crore boost
India has made its first major move towards providing free medicines for all. Union health minister Ghulam Nabi Azad has cleared Rs 1,300 crore under the National Rural Health Mission (NRHM) for states to support their purchase of medicines. The largesse will not only help buy general drugs for government-run hospitals but also those needed under the Janani-Shishu Suraksha Karyakram (JSSK). Under the JSSK, all pregnant women delivering in public health institutions are entitled to free and cashless delivery, free C-section, exemption from user charges, free medicines, blood, consumables and diagnostics and free diet for three days in case of normal delivery and seven days in case of C-section. The free medicines for all the programmes are estimated to cost Rs 28,560 crore during the 12th five year plan.
A K Jain new NHRC secretary general
Senior IAS officer Arun Kumar Jain has been appointed as the new secretary general in National Human Rights Commission. Jain, a 1977-batch IAS officer of Nagaland cadre, is presently adviser of Inter State Council Secretariat under Ministry of Home Affairs, a Department of Personnel and Training. His appointment came following retirement of Rajiv Sharma, a 1976-batch IAS officer of Rajasthan cadre.
Russia closes USAID
Russia has ordered the U.S. Agency for International Development (USAID) to halt its operations as the Kremlin tightens the screws on the opposition. The Foreign Ministry said the agency was being kicked out for “attempts to influence political processes including elections at different levels through its distribution of grants”. The USAID closure will affect the work of many NGOs funded by the U.S. agency, such as Golos (Voice), Russia’s main election monitoring group. Golos exposed massive vote falsification in the December parliamentary election, which sparked a wave of anti-Kremlin demonstrations giving rise to a new civic protest movement. USAID has worked in Russia since the collapse of the Soviet Union 20 years ago, spending about $2.7 billion on a variety of programmes, such as economic development, fighting infectious diseases, protecting wildlife and combating human trafficking. In recent years, however, it has shifted its focus towards promotion of democracy and human rights.
Pak to observe Sept 21 as ‘Love the Prophet Day’
Pakistan Government has decided to observe the coming Friday(September 21) as ‘Love the Prophet Day’ and declared it a national holiday, condemning an anti-Islam film that has triggered violent protests across the Muslim world. Prime Minister Raja Pervez Ashraf called on people to protest peacefully against the film. The Cabinet set aside its agenda to condemn the anti-Islam film and decided to observe September 21 as ‘Youm-e-Ishq-e-Rasool’ or ‘Love the Prophet Day’ to convey the government’s protest against the film. The day was also declared a national holiday.
Hindu Marriage Act in Bangladesh
Aiming to provide legal and social protection to Hindu women from marriage-related cheating, the Bangladesh Parliament has passed the Hindu marriage registration law. Passed on September 18, the law, first of its kind, has kept the provision of marriage registration optional. The ‘Hindu Marriage Registration Bill-2012’ authorises government authorities to appoint a Hindu Marriage Registrar at every ward and 'upzilla' across the country. The registrar will not register marriage of a woman below 18 years of age and a man under 21 years.
IRDA issues draft IPO norms for general insurance companies
General insurance companies will be allowed to tap the capital market only if they have completed 10 years in business. Also, they need to get prior approval from the insurance regulatory. “No general insurance company shall approach SEBI (Securities and Exchange Board of India) for public issue of shares and for any subsequent issue, by whatsoever name called, under the ICDR (Issue of Capital and Disclosure Requirements) regulations without the specific previous written approval of the authority concerned,’’ said the Page 3 of 4 20th August 2012
Insurance Regulatory and Development Authority (IRDA) in its draft guidelines for IPO (initial public offer) by general insurance companies. Titled the “IRDA (Issuance of Capital by General Insurance Companies) Regulations, 2012’’. The guidelines will cover divestment by promoters either through the issue of capital under ICDR Regulations or via divestment of equity by one or more of the promoters through a public offer for sale under the ICDR Regulations.
HCL Info unveils ultrabook
HCL Infosystems, has unveiled its first ultrabook here, priced Rs.51, 990 onwards. It would be available in retail stores, while two others would be launched in November 2012. The Ultrasmart ME Series 3074, powered by third generation Intel Core i3 processors, is sleek (less than 18mm with metal casing) and comes with a 39-month warranty. It has 4 GB RAM (upgradeable to 8 GB), an internal 32 GB hard disk storage, 1.3 MP VGA camera and Bluetooth. The company has also launched a new marketing campaign focussed on print and digital media for the ultrabooks, featuring brand ambassador Nargis Fakhri. Companies such as Acer, Asus, HP, Samsung and Toshiba have already introduced their ultrabooks in the Indian market.
Tata Steel gets high-speed rail order from France
Tata Steel has received a letter of intent (LoI) from Eiffage Rail for the supply of high-quality rail for a new 182 km (113 mile) high-speed line in France. The order value is likely to be around 50 million euro (about Rs.315.15 crore). Tata will supply about 50,000 tonnes of rail for the new Brittany-Loire Valley line, which will connect the cities of Le Mans and Rennes. The steel will be manufactured in Scunthorpe, U.K., before being rolled into rail at Tata Steel’s mill in Hayange, northeast France, for delivery from 2015.
Aditya Aluminium achieves financial closure
The Aditya Aluminium smelter project of Hindalco Industries has achieved financial closure with a debt-equity ratio of 75:25. The Rs.13,195-crore greenfield project is coming up at Lapanga in Odisha. The project’s debt component of Rs.9, 896 crore carries a tenor of 12.5 years, and is priced at 11.25 per cent per annum. SBI Capital Markets and IDBI Bank led the debt syndication, and 28 commercial banks and financial institutions participated in the transaction.
HCL Tech signs multi-million dollar deal
HCL Technologies, has announced that it had bagged a five-year multi-million dollar deal with Texas-based Freescale Semiconductor, an embedded processing solutions provider. HCL would, in addition to serving as an exclusive technology partner for Freescale, transform its IT infrastructure. HCL will deliver services to Freescale across 20 countries, allowing Freescale to also leverage HCL’s global delivery centres in Poland and Shanghai for helpdesk support.
Rio Tinto eyes marriage gifting market in India
Australia-based Rio Tinto is eyeing the Indian marriage gifting market with its ‘Nazrana’ brand of diamond jewellery marketed through various retailers across the country.
Mahindra opens technical centre in U.S.
Mahindra & Mahindra, said it had opened its first technical centre in the U.S. to provide design and consulting services to automotive customers, mainly in the Michigan region.
Fiat plans to have 80 dealers by March 2013
Italian carmaker Fiat, which has severed its ties with Tata Motors, plans to have 80 full service stations by March 2013. Before the onset of festive season the company has introduced new variants of its sedan Linea and hatchback Punto under the ‘Absolute’ range offering freebies worth up to `78,000 and `67,000 
respectively.
Huawei may launch India's first 4G phone
Huawei, the China-based telecom giant, said that it was testing a 4G phone on Airtel's network and might launch the device as early as December 2012. Airtel had launched 4G, also called Long Term Evaluation (LTE), in Kolkata and Bangalore earlier this year. But the service is only available through USB dongles and doesn't work with any phone yet. In May 2012, Airtel had appointed Huawei to plan, design, supply and deploy its LTE network in Karnataka.
Genpact inks deal with Calypso Technology
BPO major Genpact has said it has signed a master partnership agreement with Calypso Technology to implement the latter's capital markets software platform for global clients. No financial details were disclosed. Under the terms of the agreement, Genpact's Enterprise Applications Services (EAS) group will be able to provide a range of support services including implementations and upgrades for the Calypso Trading and Risk Management application software suite utilised by major financial institutions globally.
Adams receives long-awaited Olympic gold
New Zealand shot putter Valerie Adams received her long-awaited Olympic gold medal at an emotional ceremony in New Zealand more than six weeks after being denied the honour in London. Adams, the defending Olympic champion, finished second in London to Belarusian Nadezhda Ostapchuk who was later stripped of the title after testing positive for banned steroids. A three-time world champion and defending champion in London, Adams had hoped to pick up the medal in Europe while she was competing in Diamond League events.
Saina signs 40-crore deal with Rhiti Sports
India’s badminton queen Saina Nehwal has signed a Rs. 40-crore deal with Rhiti Sports Management company, making her the country’s highest paid sportsperson outside cricket. The London Olympics bronze-medallist shuttler had a three-year contract with Deccan Chargers which expired early in September. Saina, who signed a three-year contract with Rhiti Sports. Rhiti Sports will now manage Saina’s endorsements and brand associations, corporate profile, patents and digital rights, images and all other commercial rights exclusively.
Chandrika wins two bronze medals
Chandrika Tarafdar has became the first Indian to win a medal in the youth World weightlifting championships after she bagged two bronze medals in the girls’ 44kg category on the opening day at Kosice, Slovakia. Chandrika won a bronze each in clean and jerk and total lift. She lifted 55kg in snatch and 74kg in clean and jerk for a total effort of 129kg. This is the first time that an Indian has taken home a medal in the history of the Youth Worlds. India is being represented by eight lifters in the championships two boys and six girls.

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