Major News and Events of 04 June 2016
What Happened on 04 June 2016
Uneasy Calm after Violent Clashes in Mathura; Centre Assures All Necessary Help
RBI Shows Way to Ease Bad Loans of Banks
India to Discuss sale of BrahMos Supersonic Cruise Missiles to Vietnam
White House says PM Modi's US-visit will deepen ties with india
PM Modi starts 5-Nation Tour; NSG in Mind
42-year-old ace Indian tennis player Leander Paes did a superman job by completing a “Career Slam” as he (along with his mixed doubles partner Martina Hingis) won French Open title. In 2015, veteran Leander Paes teamed up with Martina Hingis to win Australian Open, Wimbledon and US Open titles. Paes-Hingis duo defeated Sania Mirza-Ivan Dodig pair in a hard fought battle with the final score 4-6 6-4 10-8. With this win, total number of titles won by Paes reached 22, including 10 mixed-doubles win.
At least 24 lives were lost (including a police SP and SHO) after 3,000 strong members of Azad Bharat Vidhik Vaicharik Kranti Satyagrahi (a little known group belonging to splinter groups of Late Baba Jai Gurudev) clashed with police in Uttar Pradesh’s Mathura town. The clash took place after UP DGP Javed Ahmed identified “Ram Vriksh Yadav , Chandan Bose, Girish Yadav and Rakesh Gupta” as the main culprits. Till now, 368 persons have been arrested. UP CM Akhilesh Yadav admitted “some lapses” on part of his administration and intelligence network. Police and paramilitary personnel are now keeping strict vigil, bringing an uneasy calm as locals stay indoors. Union Home Minister Rajnath Singh spoke to Akhilesh and assured all necessary help to the state.
With public sector banks reeling under bad loans, Reserve Bank of India has written a letter to the Indian Banks’ Association (dated 31 May) proposing that lending banks may set up two different funds so that bad debt issue can be resolved at the earliest. While one fund can infuse working capital to companies, the other can infuse equity into stressed companies. Reports say that gross non-performing assets of listed companies have reached a staggering Rs. 5.91 lakh crore by March 2016.
Defence Minister Manohar Parrikar is all set to visit Vietnam from 5 -6 June (after attending Shangri-La Dialogue in Singapore) to discuss export of BrahMos Supersonic Cruise Missiles (290-km range) that was jointly manufactured by India and Russia. BrahMos missile flies at the speed of Mach 2.8 (thrice the speed of sound). The move comes just before the 10 June Malabar exercise, off Okinawa, even as China (trying to increase its presence in the contentious South China Sea) is already prickly on the issue.
With Indian Prime Minister Narendra Modi all set to visit Washington DC on 6 June (on a 3-day visit) during his ongoing 5-nation tour, White House Deputy Press Secretary Jennifer Friedman has told media that PM Modi’s US visit will highlight deepening US-India relationship. The statement was given by Friedman while he was travelling with US President Barack Obama to Florida’s Miami on Air Force One. Other issues to come up during Modi-Obama meeting will include security and defense cooperation, climate change and clean energy partnership and economic growth priorities.
Prime Minister Narendra Modi started his 5-nation tour (spread over 3 continents) today. He reached Afghanistan before 1PM IST. He’s all set to inaugurate Afghan-India Friendship Dam (Salma Dam) in Herat and will then hold talks with Afghan President Ashraf Ghani on multifarious issues over lunch. PM Modi is scheduled to visit Qatar’s PM Abdullah Bin Nasser Bin Khalifa Al Thani in Doha and then will proceed to visit a camp of Indian workers. Modi will also visit Switzerland, USA, and Mexico during his 5-day tour for broadening bilateral trade, cooperation on energy and security, and push for India’s membership bid for NSG (Nuclear Suppliers Group).