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Major News and Events of 10 January 2016

What Happened on 10 January 2016


ADB's Expert feels Indian Economy's main drawback is lack of World Class Infrastructure

Don Lambert, Senior Finance Specialist of South Asia Regional Department of Asian Development Bank (ADB) has claimed in a blog post that the main factor that is holding back development as well as growth of India is the lack of world class infrastructure. He also pointed out the two comparative advantages of Indian economy - younger labour force and political stability. He emphasized on the need of bringing in more funds for financing major infrastructural projects, transport, and energy. He asked the Union Government of establishing institution that will be dedicated to raise credit-enhancing corporate bonds.

GST stalemate spat between BJP and Congress

Union Finance Minister Arun Jaitley accused Congress of not allowing GST bill to pass. He went on to say that Congress is getting “sadistic pleasure” by not allowing passage of the concerned tax reform bill by stalling the parliament. However, he expressed his optimism about passage of GST bill in the coming parliamentary sessions. Jaitley tried to alienate Congress by saying that all political parties (including UPA allies such as JDU, RJD, and NCP) are supporting the GST bill except the grand old party. However, Congress’s Jairam Ramesh called these allegations false and blamed Modi government for GST’s stalemate. While pointing out PM Modi’s disfavour of the bill and GST bill’s opposition by Gujarat government, Ramesh said that the bill was indeed introduced by the UPA government.

2012 Troop Movement Controversy resurfaces with Manish Tiwari's Claims, VK Singh strikes back

Manish Tiwari, senior Congress leader, has revived the 2012 troop movement controversy. He claimed in a press meet that the 3 year old report concerning movement of two important Army units towards Delhi without any notification to the government was indeed true. Though Congress is reportedly upset with the sudden admission of the fact before media, Tiwari’s statement is significant as he was a part of the Standing Committee on Defence during UPA II regime. The reported Army unit movement took place on the day ex-Army Chief General VK Singh approached SC over his retirement age controversy. However, ex-Army General and incumbent Union Minister VK Singh shot back by saying that the Congress leader has no other work to do and asked him to read a book written by him for clarification on the issue.

Bharat Ratna CNR Rao feels PM Modi needs good Scientific Advisors

Noted scientist and winner of Bharat Ratna CNR Rao said in an interview that Prime Minister Narendra Modi needs good scientific advice for transforming his vision to reality. He advised government to start mission-mode projects on availability of better quality seeds and safe drinking water, eradication of illiteracy, eradication of malaria, etc. Rao said that PM Modi must be provided good advice on the priorities of science, whose development can solve most pressing problems of poverty. He also vouched for strategic funding for new energy technologies, combating diseases, and advanced materials. In another media conversation, Nobel Laureate Serge Haroche vouched for promoting basic research under Make in India programme.

Sania-Hingis win Women's Doubles Title at Brisbane International

The Indo-Swiss women’s doubles pair Sania Mirza and Martina Hingis continue their superb form in 2016 as they won Women’s Doubles Title at Brisbane International yesterday.  San-Tina defeated the German pair Andrea Petkovic and Angelique Kerber in straight sets in the final match at Brisbane’s Pat Rafter Arena. This is the first major win of the Indo-Swiss duo, which won 2 grand slam titles and 7 women’s doubles titles last year. It is their 6th consecutive title win for Sania and Hingis. With this win, it was their 26th consecutive match winning, just 2 short of the 28 match wins by Gigi Fernandez and Natasha Zvereva in 1994.

China condemns Pathankot Terror Attack, John Kerry asks Nawaz to take Prompt Action

China stood by the people of India by stating that they share the “feeling and anger” of Indians and condemned the Pathankot terror attack. Chinese ambassador to India, Le Yucheng, said that they condemn all kind of terror attacks taking place anywhere in the world and emphasized that China is also a victim of terrorism. After Indian intelligence reports pointed out that Pakistan-based terrorist organizations planned and executed the Pathankot terror attack, US Secretary of State John Kerry called Pakistan PM Nawaz Sharif, urging the latter to undertake “prompt and decisive action”. Sharif reportedly assured Kerry of carrying out probe in transparent manner and bring out truth swiftly.




FAQs and Answers on Indian History and Geography
Which State is biggest Jute producer? West Bengal is the largest producer of jute in India. India is the largest producer of jute in the world. Approximately 60 percent of the total world produce of jute is cultivated in India… Read More...
Which State is the Largest Tea producer? Assam is the largest producer of tea in India. India is one of the largest producers of tea in the world, second only to China. India recorded a total production of 1233.14 million… Read More...
Which State is the Largest Mica Producer? Andhra Pradesh is the largest producer of mica in India. For over hundred years, India had enjoyed monopoly in production and export of sheet mica in the world. Of late,… Read More...