Employment News 15 August 2013

Employment News 15 August 2013 , Part 1

Koreas agree to reopen joint industrial park

North and South Korea have agreed to reopen a jointly operated industrial park that was closed in April, Seoul said on Wednesday.

The agreement was signed by Kim Ki Woong, Seoul’s chief delegate and his North Korean counterpart, Park Chol Su”, South Korea’s Yonhap news agency quoted an official from the Unification Ministry in Seoul as saying.

North and South Korea have agreed to reopen a jointly operated industrial park that was closed in April, Seoul said on Wednesday.

Assam achieves success in implementing several development schemes

The Minority Development Department of Assam government has achieved grand success in implementing the several development schemes among the poor, rural minority people in Morigaon district of central Assam.

With the funding of 78 lakh rupees sanctioned from Government of India, as many as 3478 meritorious students from Minority Community reading in secondary schools were given scholarship in Morigaon district.

Apart from this, 175 baby toilets were constructed in several lower primary schools under total sanitation programmes in minority dominated schools.

In Lahorighat development block, the Minority Development department spent 1 crore 12 lakh rupees in construction of dwelling houses and low cost toilets among for BPL minority families in 24 Gram Panchayats.

Eurozone’s recession ends August

The longest-ever recession to afflict the eurozone came to an end in the second quarter of the year, official figures confirmed.

Eurostat, the European Union’s statistics office, said the 17 European Union countries that use the euro saw their collective economic output grow by 0.3 per cent in the April to June period from the previous quarter.

The figures will be greeted with a sigh of relief by Europe’s policymakers, who have spent nearly four years grappling with a debt crisis that has threatened the very future of the euro. 

But they were not ready to declare victory, aware that this is only the start of what is expected to be a slow and uneven recovery.

Aside from Europe’s top two economies, there were signs of stabilisation elsewhere, notably in Portugal, which grew by a surprising 1.1 per cent. 

Spain and Italy saw the pace of their economic contractions slow.

The improvement made up for the previous quarter’s equivalent decline and was moderately better than the 0.2 per cent anticipated in the markets. 

The eurozone economy remains 0.7 per cent smaller compared with a year earlier. However, that’s still better than the 1.1 per cent annual contraction seen in the first quarter. 

Gowda finishes seventh in World Athletics Championships

India's Vikas Gowda settled for a seventh-place finish with a moderate throw in the 14th IAAF World Athletics Championships in Moscow on Tuesday.

Gowda, the Asian champion and national record holder, hurled the discus to 64.03m which he achieved in his fourth attempt. 

Piotr Malachowsky of Poland was second with a best throw of 68.36m while 2008 Beijing Olympics gold winner Gerd Kanter of Estonia took the third spot with 65.19m.

Rajya Sabha  passes Bill for compulsory on marriage registration

The Registration of Births and Deaths (Amendment) Bill, 2012, which was passed by voice vote, seeks to provide compulsory registration of marriages irrespective of religion.

The registration of marriages will not apply to those who have registered their marriage under any other law.

Law Minister Kapil Sibal while moving the amendment Bill for consideration in the Upper House, said the government will file a review petition in the Supreme Court against its earlier order in 2006, where it had sought to scrutinise the law after it was passed by Parliament.

The Supreme Court had rendered this judgement in 2006 that the law once passed in Parliament must be placed before the court for scrutiny. 

Heffernan wins 50 kms walk title at Athletics World C’ships

Ireland's Robert Heffernan today won the 50 kilometres walk title at the Athletics World Championships being held in Moscow.

Heffernan who triumphed in three hours, 37.56 minutes, tasted glory after 13 years. He broke clear of Mikhail Ryzhov after 35 kilometres to deny Russia a clean sweep of the walks.

Ryzhov took silver more than a minute behind while double Olympic silver medallist Jared Talent won bronze for Australia.

SCHOLARCHIPS FOR MERITIOUS STUDENTS

ग्रामीण क्षेत्रों के आर्थिक रूप से कमजोर मेधावी विद्यार्थियों को शिव नाडर फाउंडेशन की ओर से संचालित विद्याज्ञान स्कूलों में विश्व स्तरीय आवासीय शिक्षा उपलब्ध कराने के मकसद से राज्य सरकार फाउंडेशन को पूरा सहयोग देगी। इस सिलसिले में बुधवार को राज्य सरकार और शिव नाडर फाउंडेशन के बीच सहमति पत्र (एमओयू) पर हस्ताक्षर हुए।बेसिक और माध्यमिक शिक्षा विभाग जिलाधिकारी की देखरेख में हर जिले में परिषदीय स्कूलों से चयनित विद्यार्थियों की प्रारंभिक लिखित परीक्षा आयोजित करायेंगे। जिला स्तरीय प्रारंभिक लिखित परीक्षा में सर्वोच्च अंक पाने वाले विद्यार्थियों को विद्याज्ञान स्कूल की अंतिम लिखित परीक्षा में भाग लेना होगा। अंतिम परीक्षा के आधार पर शिव नाडर फाउंडेशन विद्याज्ञान स्कूलों में प्रवेश के लिए विद्यार्थियों का चयन करेगा।

RBI to examine financials of 34,754 NBFCs: Meena

The government on Tuesday said that Reserve Bank will examine financials of 34,754 non-banking finance companies (NBFCs) to ascertain their eligibility.

It has been decided by RBI, that as a one-time measure, the financials of all these 34,754 companies (other than those registered with RBI) will be examined to ascertain their eligibility or otherwise for registration with RBI," Minister of State for Finance Namo Narain Meena said in a written reply in the Rajya Sabha.

The main objective is to determine whether among these companies there are NBFCs that ought to have registered with the RBI for carrying on their NBFI (non-banking financial institution) activities,".

The Ministry of Corporate Affairs has recently forwarded a list of 34,754 companies which are registered under the Companies Act, 1956 and classified or categorised as NBFCs in the records of the Ministry.

These companies may be carrying on NBFI activities without mandatory registration as required under Section 451A of RBI Act, 1934, as only 12,375 companies are registered with the RBI as NBFCs (as on February, 2013),

Many of these companies are, however, not registered with the central bank as NBFCs and the RBI is ascertaining whether any of these companies are carrying out the business of an NBFC as defined by it.