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Major News and Events of 17 February 2014

What Happened on 17 February 2014


One rank, one pension (OROP) approved

 

The much awaited one rank one pension (OROP) scheme has been approved which will make 24 lakh retired armed forces personnel happy. Finance Minister P. Chidambaram made an announcement on Monday about it and also increased the defence spending Rs.224,000 crore ($36 billion) for 2014-15. In 2013-2014 it was Rs.203,627 crores. Out of the fund earmarked, Rs.89,588 crore will be for acquisitions by the armed forces, Rs.134,410 crore will be for salary payment and other expenses. Along with this Rs 500 crore will be for implementation of OROP norm from the next fiscal that starts from April 1. That would increase the annual pension bill of the armed forces by Rs.50,000 crore.

Telangana bill to be discussed in the Lok Sabha on Tuesday

 

The bill for the creation of the separate Telangana state will be discussed in the Lok Sabha tomorrow, February 18 as informed by the Parliamentary Affairs Minister Kamal Nath. He further added that those who wanted to oppose the bill should do so in a constitutional manner. He also informed that Sonia Gandhi, the Congress President may be speaking on the matter on Tuesday. Congress had sent a three liner whip asking all its members to be present in the Parliament on all days of the week. During the bill’s introduction in the Lok Sabha last Thursday it had seen violent protests to the level where pepper spray was used by Lagadapati Rajagopal which resulted in members and the journalists coughing and choking. Many parties like the BJP, TMC, BJD, CPM, SP said the bill should be introduced again as it did not have a formal introduction that day.

Delhi has President's rule now

 

President's rule has been imposed in Delhi by the President Pranab Mukherjee acting on the advice of the Union Cabinbet. Arvind Kejriwal, the chief minister of Delhi along with his council of ministers’ resignation has also been accepted with immediate effect. Union Home Minister Sushilkumar Shinde informed the Lok Sabha that the recommendation of the union cabinet for imposing President's rule in Delhi has been accepted by the President. Shinde also specified that the Jan Lokpal bill which the Aam Aadmi Party government wanted to introduce required prior consent of the central government as was a "finance bill". Arvind Kejriwal tendered his resignation on Friday when the Jan Lokpal bill which aims to curb corruption in high positions was not introduced in the assembly. The Kejriwal government continued only for 49 days.

Finance Minister P. Chidambaram presents the interim budget to please all

 

Finance Minister P. Chidambaram had tried to please everyone in the interim budget for the next fiscal. He stated that the Indian economy was much stable than what it was two years back. He focused on specific sections like scheduled castes, women, minorities, army personnel and farmers by offering more funds for their welfare and at the same time aimed at making the middle class happy with excise cuts that entails to cars, mobile phones and other consumer goods getting cheaper. Tax regime was vastly untouched as legislative approvals are needed in that which is done by the new government which comes to power in the election year. In his speech he stated that there was no reckless spending and that the target for the fiscal deficit in 2013-14 was met. He specified that India’s growth will stand at 4.9% in this fiscal compared to 4.5% 2012-13. This was the country’s 83rd national budget.

New Zealand makes 571 for 6, lead by 325 runs

 

New Zealand at stumps on 4th day of the second test against India compiled 571 for six and was leading by 325 runs at the Basin Reserve in Wellington. At crease Skipper Brendon McCullum was batting at 281 batting and B.J. Watling at 124, both contributed to 352 runs partnership which is the highest for the 6th wicket. Mohammad Shami got the only wicket of the day. If McCullum gets the triple century he will be the first player from New Zealand to get the triple ton. Earlier Martin Crowe had missed the triple century by a run. For India it is a no win situation as it seems. Even though the match is drawn they lose the series 1-0 and if they are defeated then it is 2-0. So for them to level the series they have to compile more than 400 runs on the last day which seems difficult given the recent performances. All in all the last day seems exciting.

Vulnerabilities found in Google Chrome and Mozilla Firefox

 

The Computer Emergency Response Team of India (CERT-In) has notified that Mozilla Firefox and Google Chrome are susceptible to security threats. Number of vulnerabilities has been found in Mozilla Firefox, SeaMonkey, Thunderbird that can be misused by a person remotely to bypass security controls, reveal sensitive data, show arbitrary code and even deny service condition on the computer which has been attacked. It specified that an attacker operating remotely and taking assistance from the users may dish out a crafted web page or web site and then deny the service condition. CERT-In has advised the users to upgrade the two browsers on their systems. The vulnerabilities can corrupt the memory, download unwanted files, erode sensitive data when Mozilla Firefox is used in Android devices.




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