Indian philanthropist Mr. Bindeshwar Pathak received the Legend of Planet I award from Vice President of the French Senate Ms. Chantaljourdan at Palais du Luxembourg in Paris on June 3, 2013. Mr. Pathak, one of India’s most notable Bindeshmr Pathak | activists, founded Sulabh International in 1973 and has for decades campaigned for the use of simple indoor toilets and also fought for the Dalit cause.
President inaugurates Tripura power plant : Hon’ble President Mr. Pranab Mukherjee dedicated the first unit of Tripura’s 726 MW gas-based power plant at Palatana near Agartala to the nation on June 21, 2013. Mr. Mukherjee specially thanked the President, Prime Minister and Government of Bangladesh for their support in making the Rs. 10,000 crore project a reality by extending help to India’s oil PSU, Oil and Natural Gas Corporation (ONGC). The first unit has started generating electricity and the second unit is set to commence operations soon.
Mr. Mukherjee also pointed out that the power project not only constituted the largest in the North East but it was also
the largest project in the world registered under the Clean Development Mechanism of the UNFCCC and would earn 1.6 million carbon credits. The 726 MW ONGC Tripura Power Plant is the single largest investment in the North-East region.
First technical varsity for women opened : India’s first technical university for women was inaugurated on }une 13, 2013 by Delhi Chief Minister Ms. Sheila Dikshit in Delhi. The erstwhile Indira Gandhi Women Institute of Technology has been upgraded as a State University by the Delhi Government. Ms. Dikshit said that it is a non-affiliated teaching and research university and has been set up to facilitate and promote studies, research, technology, innovation and extension work in emerging areas of professional education among women with focus on engineering, technology, applied sciences, fnanagement and its allied areas.
Times Higher Education 100 under-50 rankings released : A global ranking of world universities by ‘Times Higher Education World University Rankings’ released in London on June 19, 2013 gave the top spot once again to South Korea’s Pohang University of Science and Technology (Postech). This is the second year of the list’s release. To
aalify for inclusion in the ranking, universities have to be 50-years-old or younger. Asia again makes an impressive show in the under-50 rankings, with as many as eight countries in the continent being represented.
The UK has a maximum number of under-50 universities followed by Australia and the US. Mr. Phil Baty, editor of the Times Higher Education Rankings, said, “we haven’t found many examples of India’s universities under-50 years which are currently meeting our tough global standards”. The Indian universities that feature in the traditional Times Higher Education World University Rankings mainly Indian Institutes of Technology, are mostly older than 50 years
World Breast Feeding Day : August 1
International Friendship Day : August 3
Hiroshima Day : August 6
World Senior Citizens’ Day : August 8
Quit India Day : August 9
Nagasaki Day : August 9
Indian Independence Day: August 15
International Day of the World’s Indigenous People : August 18
Sadbhavna Divas : August 20
National Sports Day : August 29
The K.M. Chandrasekhar Committee on Rationalisation of Investment Routes and Monitoring of Foreign Portfolio Investments, in its draft guidelines released on June 12, 2013, suggested that the aggregate investment limit for FPIs should be 24 percent. The committee said that in view of the special nature of the investments from non-resident Indians (NRIs) and foreign venture capital investors (FVCIs), it was desirable to continue with these two classes for the present. NRIs will continue to have individual investment limit of 5 percent and aggregate investment limit of 10 percent. In the case of FVCI, the panel felt that a negative list could be announced by the centre so that the rest of the sectors were opened for VCF activity. Portfolio Investments are to be defined as investment by any single investor or investor group, which shall not exceed 10 percent of the equityof an Indian company. Any investment beyond this threshold shall be considered as foreign direct investment (FDI).
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