Daily News Analysis for IAS / UPSC (23rd May, 2016)

artificial propagation programme of mahseer fish for conservation

an artificial propagation programme for its rehabilitation and conservation.
Himachal Pradesh has set aside Rs 6 croreat Machhial near Jogindernagar town in Mandi district to rear the mahseer.
Himachal Pradesh fisheries department observed that the stength of the golden mahseer is lessening due to various causes, including construction of dams, barrages, pollution etc.

Govt constitutes IEPF Authority

bid to strengthen the framework for safeguarding the interest of investors union
move comes under the Companies Act, 2013that would be used for multiple purposes
that includes to distribute disgorged amount depositors ambit that have suffered lossesdue to wrongful acts by other entities.

Gujarat CM launches ‘Smart Village’ program

state government will select 300 villages for Smart Village program that will get 80 lakh to 2 crorerupees cash assistance to improve public facilities in the villages.
will felicitate villages that have 100 percent completion of toilets.

6,000 Gujarat villages become open defecation free

6,000 villagesin the state becomes open defecation free under Swachh Bharat Abhiyan.
state have built more than 50 lakh toilets acrossGujarat in the last two years.
30 talukas in the state now have 100 per cent toilet facility.

2016 Women Economic Forum (WEF) hosted by India

Theme: “Women: Uplifting and Uniting the World”
Sessions: 408 sessions on 28 themeslike business, technology, entrepreneurship, industry, health, travel, spirituality, peace, diplomacy, security, conflict resolution, personal leadership, innovation, research

G7 finance summit held in Japan

To give fillip for balancing the growth of the global economy amid the slowing down of the Chinese economy and those of other emerging countries.
First such meeting where macroeconomic challenges urged and seek ways to inspire growth and check instability in markets by pooling together macroeconomic agendas.
Japan, the US, Germany, Britain, France, Italy and Canada are the G7 countries.
G7 countries represent more than 64% of the netglobal wealth ($263 trillion).

Gaya-model lantern in Colombo

The lantern is an additional attraction this year as it has been modelled on the “stupa” at the Mahabodhi temple in Gaya, Bihar.
Mahabodhi temple, one of the oldest brick structures in eastern India, was declared a World Heritage Site by the UNESCO in June 2002.
one of the four holy sites related to the life of Buddha.

World Bank announced Pandemic Insurance plan to mobilize funds

Pandemic Emergency Financing Facility will generate global and national responses to disease outbreaks that threaten large population after the 2014 Ebola Disaster in West Africa
Aim is to organize fundsquickly against virulent disease outbreaks
Combination of disaster insurance and bonds

HSBC to halve branches in India

HSBC will halve the number of branch in India to 26 from the present 50 and keeping focus on retail banking over digital channels
Branch Shut will lead to over 300 employees being affectedalso less than one per cent of its total workforce of over 33,000 people.
Branches that are being closed service less than 10% ofits Indian customers

Anurag Thakur becomes youngest BCCI president

Replacement in respect of President was chosen by Senior BCCI Vice president KC Khanna headed the Special General Meeting
Previous President: Shashank Manohar

Former IPS officer Kiran Bedi appointed as Lt Governor of Puducherry

country’s first woman to serve as IPS was put under the additional charge of Lt Governor of Andaman and Nicobar Island.
Bedi is the first woman to join the Indian Police Service(IPS) in 1972.
Bedi contested the 2015 Delhi Assembly election as the BJP’s Chief Ministerial candidate

Government promotes 4 general managers as directors at general insurers

GIC Re and Hoda at United India Insurance, K K Rao at Oriental Insurance, P Venkatramaiah of National Insurance Company and Segar Sampath Kumar at New India Assurance have been promoted.
Centre also created one more post of whole-time director at the country’s sole reinsurerGIC Re

Sudhakar Rao steps down as USL’s Independent Director

former Chief Secretary of Karnataka, was appointed as an Additional Director of the USL in 2013.

World’s Oldest Olympic champion Sandor Tarics dies

He was the team member of the Hungarian waterpolo team
gave triumph to its side in the Berlin Olympics in 1936, pushing Germany into second place.
earned recognition in the USA as a designer of earthquake-proof building technologies.
gave attendance to the 2012 London Olympicsas the oldest living champion.

New form of light discovered

Researchers from Trinity College Dublin have discovered a new form of light that go against predicted qualities of light
Earlier, findings says that the angular momentum could only be a multiple of a number called Planck’s constant
New findings details a new form of light with an angular momentum of just half Planck’s constant.

Water staircases in seas proposed

Possible mechanism by which the upper layers of the Arctic Ocean warm up, causing the ice to melt.
Water staircases are step like variations of density of water due to step like changes in temperature and salinity.

India successfully launches reusable launch vehicle RLV-TD

the Reusable Launch-Vehicle – Technology Demonstrator (RLV-TD) is the first time that ISRO launches an indigenous space craft with delta wings.
test launch is considered a significant step in India’s space endeavor.

Mohun Bagan beats Aizawl FC 5-0

a record 5-0 marginto regain the title after eight years, at the Indira Gandhi Stadium in Kolkata.
Mizoram strikerJeje Lalpekhlua became the most prolific Indian striker, He scored eight goals, including a hat-trick in the contest

Ashwin retains No. 2 spot in Test bowlers ranking