Major News and Events of 14 November 2015
What Happened on 14 November 2015
PM Modi asserts Diversity as India's Strength and Pride in UK's Wembley Stadium
UK-India Research investment gets boost-up of additional £72 Million during PM Modi's UK Visit
UK-based Lloyds gets nod from Indian Insurance Regulator for setting up Business in India
Ex-Servicemen escalate Protest against Government Implemented OROP
Top seed Saina Nehwal races up to the Semis of China Open Badminton Championship
Prime Minister Narendra Modi has condemned the horrific terrorist attack in Paris by Islamic State (ISIS) terrorist organization that has killed more than 150 people and left hundreds injured in 6 places across Paris. PM Modi, who is currently on a 3-day UK tour, tweeted that Indian populace is behind people of France during this trying time and called the heinous attack anguishing as well as dreadful. Home Minister Rajnath Singh also condemned the ISIS attack in France and expressed his deep pain on hearing the unfortunate news. Reports say this is the deadliest attack in Paris since Second World War. United Nations Security Council (UNSC) has called this terrorist attack “barbaric and cowardly”.
Prime Minister Narendra Modi, after having lunch with Queen of England at Buckingham Palace, addressed 60,000 strong Indian crowd at Wembley Stadium of London and emphasized on the essence of diversity of Indian society (in terms of language, cuisines, cultures, etc.). He also applauded the NRIs by saying that they are India’s true ambassadors because it is they who have shown the world how people should live peacefully and be sensitive to neighbours. He harped upon contribution of the Indian diaspora in United Kingdom. British Prime Minister David Cameron, who was present at Wembley, said that team UK and India have the potential to win together. PM Modi vouched for rapid electrification of Indian households (18,000 villages in just 1,000 days).
Science and Technology
Research and development has got a major shot in the arm during Prime Minister Narendra Modi’s on-going visit to UK as the total additional fund received by the joint UK-India research amounts to £72 Million. The funds are contributed by the 3rd parties, Indian government, and UK research Councils. Reports say that the total investment till now in the concerned UK-India research partnership has exceeded £200 million. These funds are being used in rapid urbanization, development of small cities, health, overall well-being of people, and programmes concerning security to water, energy, and food. Under Newton-Bhabha Fund, the new funded projects are announced.
In a statement IRDAI (Insurance and Regulatory Development Authority of India) has permitted Lloyds UK of setting up branch offices in India after promulgation of Insurance Laws (Amendment) Act, 2015 is done for re-insurance sector. The concerned UK Company has to set up Lloyds India so that it can operate both within India and outside in reinsurance business. The notification also mentioned that a certificate of registration will be issued to Lloyds India and the approval process will include two stages, just like the process followed in case of opening branch offices of foreign reinsurers.
Ex-servicemen have escalated their protest against the Union Government’s decision of implementing One Rank One Pension (OROP) in a diluted form by depositing their gallantry award medals at India Gate’s Amar Jawan Jyoti. Reports say that around 1,200 medals have been deposited by the angry war veterans as they allege the union government of “reneging” on its assurances. After government criticized veterans of behaving unlike soldiers, ex-servicemen deposited their medals in a ceremonial manner that saw 4 veterans marching slowly towards Amar Jawan Jyoti and depositing their medals. Major General (retired) Satbir Singh, heading the protest, said that it is just the beginning of another round of long battle against the center that is refusing to fulfill its promise on OROP.
Saina Nehwal (top seeded player of prestigious $700,000 China Open Badminton championship, defending champion of the tournament, and World No. 2) defeated Nozomi Okuhara of Japan in straight sets 21-16, 21-13 in the quarter final match, played at Haixia Olympic Sports Center. Saina took just 42 minutes to win the match and advanced to the semi final with élan. In the semis she will face off with Wang Yihan of China, who defeated Tai Tzu Ying of Taiwan in straight sets 21-18, 21-17 in the quarters. Wang Yihan is the former World Champion and has a record of winning 9 times out of 12 times she played against Saina Nehwal.