Major News and Events of 09 August 2015
What Happened on 09 August 2015
World's Largest Contract Electronics Manufacturer Foxconn to Invest $5 Billion in 5 Years in Maharashtra
Union Minister Nirmala Sitharaman reiterates India's Position of going ahead with Indo-Pak NSA-level Talks despite Provocation
Railway Minister tells Investors Railway needs Investment of Rs 8.5 Lakh Crore in coming 5 Years
India wins Patent Battle of Producing Iodised Salt in a New Way
Sourav Ghosal stunned Top Seed in the Semis at Colombiano Squash but loses in the Final
Prime Minister Narendra Modi made scathed attack on Nitish Kumar government during his ‘Parivartan Rally’ today in Gaya’s Gandhi Maidan. While addressing thousands in the rally, Modi asked them not to give JD(U)-RJD combine second chance to rule the state as he alleged they ruined Bihar for 25 years. He also went on to call JD(U) - 'Janata ka Daman aur Utpidan'. PM Modi, for the first time, publicly applauded Rajasthan CM Vasundhara Raje and Madhya Pradesh CM Shivraj Singh Chauhan for bringing their respective states out of "BIMARU" category. He also assured people of Bihar that BJP will bring Bihar out of "BIMARU" category, if voted to power.
A deal has been signed by world's largest contract electronics manufacturer, Foxconn, and Maharashtra government. According to the deal, Foxconn will invest $5 billion on building a new facility over coming 5 years. Final announcement was done by Devendra Fadnavis (CM of Maharashtra) and Terry Gou (Founder of Foxconn) after signing the deal in Mumbai. While making the announcement Terry Gou said that his company is looking for local partners for the concerned Maharashtra facility. When asked about the plans of manufacturing mobile phones in this facility, Gou declined comments. Maha CM said during the announcement that the facility will generate employment opportunities for 50,000 people.
Despite repeated provocation from Pakistan to jeopardize the upcoming NSA-level talks between India and Pakistan, Union Minister Nirmala Sitharaman has reiterated India’s official stand that they are looking forward to continue with the discussion, slated on August 23 and 24. She also expressed her apprehensions regarding Pakistan’s stand on the issue. Reports say that Pakistani-link is found in recent Udhampur attack on BSF convoy in J&K and Gurdaspur attack. Recently nabbed terrorist Mohammad Naveed Khan is found to be a resident of Pakistan’s Faisalabad. Pakistan is continually violating ceasefire violaton. Encounter between terrorists and Indian security forces today left one army jawan dead and two others injured.
In a closed door meeting at BSE Tower in Mumbai with domestic funds and overseas investment bankers, Union Railway Minister Suresh Prabhu said that government has chalked out a 5-year plan for revival of railway sector. Prabhu said that Indian railway will need Rs. 8.5 lakh crore in the coming 5 years, among which Rs. 1 lakh crore investments will be needed in 2015-16 fiscal. Railway minister told investors that most railway lines are running at 100 per cent capacity and to ease congestion government is looking for private investment. However, he acknowledged the fact that inflow of private sector investment in railways will take time.
Science and Technology
India witnessed a modern day 'Salt Satyagraha' as a Bhavnagar based Indian public sector laboratory succeeded in winning patent battle against the multinational behemoth Hindustan Unilever (HUL) on the process of producing iodised salt. After winning the court battle over wresting control on a patent for producing iodised salt proficiently from HUL, Director General of Central Salt and Marine Chemicals Research Institute (CSMCRI), Madhukar Garg, called it a “major victory” and went on to say that patents are opposed by multinational companies for blocking research and development of India. He also said the patent battle against HUL was won not on “prior art” but on “modern scientific principles”.
World No. 19 (PSA ranking) Sourav Ghosal, top squash professional of India, achieved a career high by defeating top seed player at $50,000 Albierto Colombiano Squash tournament – World No. 4 Miguel Rodriguez of Colombia – to reach final in a 101 minutes encounter. The final score in favour of Sourav Ghosal was 11-8, 12-10, 7-11, 4-11, 12-10. However, in the final match Sourav went down to Mexico’s Alfredo Avila (PSA World No. 54) 9-11, 11-8, 4-11, 8-11. The game went on for 55 minutes and Saurav Ghosal bounced back only once by winning the third game. Alfredo Avila defeated England’s Peter Barker to reach the final.