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Major News and Events of 11 July 2014

What Happened on 11 July 2014

Union Budget allocates funds for Ganga conservation

Finance Minister Arun Jaitley allocated Rs 2,037 crore for an integrated Ganga development project in the Union Budget 2014-15. In this project conservation and improvement of the 2,525 km stretch of the river Ganga will be covered that will include the beautification of river banks, linking of rivers and cleaning of the River Ganga. Rs 100 crore has been announced for linking of rivers. He termed river ghats as “historical heritage” of the country and allocated Rs 100 crore for the same. Also, he made an announcement to set up an NRI fund as part of the mission to conserve river Ganga.

Delhi Police force gets Rs 5,029 crore in the Union Budget

Finance Minister Arun Jaitley announced the allocation of Rs 5,029.19 crore to the Delhi Police in the Union Budget. The funds will be used for enhancing training facilities, putting up more traffic signals and for building houses for the staff. The fund is Rs 3000 crore more than the funds allocated in the last fiscal year. Out of it, Rs.11.5 crore has been allocated to install traffic signals in Delhi. For training facilities Rs 51 lakh has been assigned. The force will be equipped with the latest technologies and for this Rs 44 lakh has been allocated.  Rs 11.37 crore has been earmarked for the development of the traffic and communication network in the capital.

Meghalaya CM unhappy with the Union Budget

Meghalaya Chief Minister Mukul Sangma expressed his reservations about the budget presented by Finance Minister Arun Jaitley, as the budget, according to him, does not take account the promotion of trade between northeastern states of India and neighbouring countries. As per media reports, he was expecting a comprehensive support system for these states. Sangma added that northeastern states have the ability to become an integral part of India’s development but these are often neglected and their condition is just like caged birds. The international boundaries of conflict must be changed into international boundaries of prosperity, he added.

Bhuvneshwar and Shami display remarkable partnership against England

Hitting their first maiden half-centuries, Bhuvneshwar Kumar and Mohammed Shami scored 111 runs against England on the second day. England team was trailing by 414 runs. In the fourth over, England captain Alastair Cook (5) was stumped out by Shami. England was at 43/1 in 17 overs with Sam Robson at 20 not out and Gary Ballance on 15 not out. Opener Murali Vijay scored his fourth test century, and skipper Mahendra Singh Dhoni made 82 runs. But the real show was presented by No 9 batsman Bhuvneshwar (58) and No 11 Shami (51 not out).   

UP launches mobile phone application for HIV/AIDS

In an effort to create and spread awareness about HIV/AIDS, Uttar Pradesh government has launched a GPS-based iPhone and android phone application. The application will provide a detailed information on how the disease is contracted and spread. It will also provide details about facility centres for check ups. User can then download the information from the Uttar Pradesh State Aids Control Society (UPSACS) web site. As it is a GPS-based application, the user can find out the location facility centre on the mobile phone.

Infosys net profit for Q1 up by 21.6 per cent

Indian IT major Infosys Ltd has announced its net profit which is Rs 2,866 crore for the first quarter (April-June) of the fiscal year 2014-15. Growth in year-on-year (YoY) profit is 21.6 per cent whereas sequential growth is 3.5 per cent. Infosys, in a regulatory filling to the Bombay Stock Exchange (BSE), stated an increase of 13.3 per cent in YoY and 0.8 per cent sequential growth. In the International Financial Reporting Standard (IFRS), software giant registered 15.3 per cent YoY and one per cent sequential growth.

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