Friday 30 October 2015

Current Affairs Today

Rein in hotheads or lose global credibility, Moody's tells Modi
Prime Minister Narendra Modi must keep “his party members in check“ from making controversial statements “or risk losing domestic and global credibility“, an arm of global ratings agency Moody's said on Friday while urging the government to focus its attention on the reforms agenda.

“In recent times, the government also hasn't helped itself, with controversial comments from various BJP members. While Modi has largely distanced himself from the nationalist jibes, the belligerent provocation of various Indian minorities has raised ethnic tensions,“ Moody's Analytics said.

Air travel to cost more as govt plans 2% cess
Flying between metros and other big cities and abroad may cost 2% more from next year as the government has decided to impose a levy to enhance regional connectivity by air.Fares for flights to and between small towns -that can be enabled by reviving 400 unused airstrips in the country -will be restricted at Rs 2,500 per hour. This will be done by keeping airlines' cost of operation low and giving them direct subsidy from the regional connectivity fund that will come from the 2% cess. Acting on PM Modi's di rective to make flying affordable to the common man, the aviation ministry on Friday released a draft aviation policy which aims to ensure that at least one member of India's 30-crore strong middle class families flies once a year -up from the present 7 crore domestic flyers in a year. The cess will, however, make it a little more expensive to fly between big cities.


BRICS nations Brazil, Russia, India, China and South Africa signed Moscow Declaration for partnership in addressing common regional and global socio-economic challenges by utilising science, technology and innovation (STI). It was signed at the third meeting of the BRICS Ministers for Science, Technology and Innovation held in Moscow, Russia. Indian delegation to this meeting was led by Dr. Harsh Vardhan, Union Minister for Science & Technology and Earth Sciences.



China abandons its decades old One Child Policy

China, world most populous country has announced to abandon its three decades-long one-child policy and changed it two-child policy. The ruling Communist Party of China (CPC) in this regard has issued an official communiqué at  the end of party’s 4 day plenary session headed by President Xi Jinping in Beijing.
 

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