CURRENT AFFAIRS JULY 15, 2011

Italian Senate approves AUTERITY BUDGET

The Italian senate approved an AUSTERITY BUDGET worth $ 68 billion in an effort

to prevent the European debt crisis from engulfing the country. Italy has one of

the major debt mountains in the Eurozone and wants to avoid any need for a bailout.

The IMF (International Monetary Fund) asked Italy to ensure decisive

implementation of spending cuts

As per the IMF, Italy must make efforts to reduce public debt, maintain the

stability of its financial sector and introduce structural reforms to boost growth

A budget imposed on a country by its government with the goal of reducing the

national deficit by way of cutting consumer spending

Krishi Karman Awards

Prime Minister Dr. Manmohan Singh will honoured 5 states, for

achieving high food grain production in 2010-11 fiscal

Prime Minister Dr Manmohan Singh to deliver 83rd Foundation Day

Lecture of Indian Council of Agricultural Research (ICAR) on 16th July

2011

The 5 Awardees are:

Punjab, Uttar Pradesh, Orissa, Assam and Tripura

The award carries ` 2 Crore in cash for over total food production and

` 1 Crore for each of the 4 Crops included in food grains

Chief Ministers of Punjab, Haryana, Rajasthan, Assam and Chhattisgarh received

the Krishi Karman awards

Agriculture Ministers of Uttar Pradesh, Odisha, Tripura, Maharashtra and Karnataka

received the awards on behalf of their States

Railways to eliminate all unmanned level crossings by 2016

The New Railway Minister, Dinesh Trivedi unveiled an 11-point programme to

modernize the Railways and announced that there will be no unmanned crossings

by 2016

Currently, there are 32,694 level crossings across the country, of which 14,853

are unmanned

As per the Official data, 229 people were killed at unmanned level crossings in

2010-11 and 95 in 2011-12

Govt worried over declining child sex ratio in rural areas

The Government is worried over the declining child sex

ratio in the rural areas

As per Registrar General and Census Commissioner Mr.

Chandramauli the urban malice has moved to the rural

areas which is worrisome

Current Affairs : July 15, 2011

2011-07-15 18:07:38 GKToday

www.gktoday.in

Census 2011 marks a considerable fall in child sex ratio in

the age group of 0 to 6 Years

The fall has been 15 points in the rural areas and 4 points in urban areas in the

last decade

Delhi has recorded the lowest while Andaman and Nicobar Islands the highest

child sex ratio in rural areas

Haryana has recorded the lowest and Nagaland the highest child sex ratio in urban

areas

Guru Purnima

Guru Purnima observed in traditional way of worship and to

mark the respect for the Gurus

The ancient city of religious faith and learning Varanasi (in

UP) has a special day today

Varanasi is one of the important seats of learning of classical

singing and music in India

As per tradition at some places disciples perform their

musical talent before the gurus to show their skill what they

had learnt from them

Early in the Morning , a large number of people were reach

various Ghats of Ganga in Varanasi and in Allahabad to take holy bath and offer

traditional worships on the occasion of Guru Purnima

President Ms Pratibha Devi Singh Patil calls for war against black money

Speaking at the concluding ceremony of the year long celebrations

commemorating 150 years of Income Tax in the country, the

President Ms Pratibha Devisingh Patil emphasized that the war

against black money has to be fought both domestically and through

cross border measures

Ms Patil stressed the need for better global cooperation to track

down tax evaders taking shelter in other countries

As per the President an environment of voluntary tax compliance

has to be fostered and nurtured in the country

She also emphasized that the importance of meeting tax obligations

has to be ingrained in the minds of children as they can be made tax

responsible citizens of tomorrow

Polar Satellite Launch Vehicle (PSLV-C17) Successfully Launches GSAT – 12

Satellite

In a historic achievement, the 18th consecutive flight of the Polar

Satellite Launch Vehicle PSLV C-17 has successfully placed India’s

latest communication satellite GSAT-12, in a Sub Geosynchronous

Transfer orbit

India’s Polar Satellite Launch Vehicle (PSLV-C17) successfully launched

GSAT-12 communication satellite on July 15, 2011 from the Satish

Dhawan Space Centre (SDSC) SHAR, Sriharikota

The launch of PSLV-C17 was the 18th successive successful flight of PSLV

After about 20 minutes of flight time, GSAT-12 was successfully injected into sub-

Geosynchronous Transfer Orbit (sub-GTO) with a perigee of 284 km and an

apogee of 21,020 km with an orbital inclination of 17.9 deg

ISRO Telemetry Tracking and Command Network (ISTRAC)’s ground station at

Biak, Indonesia acquired the signals from GSAT-12 immediately after the injection

of the satellite

The solar panels of the satellite were deployed automatically

This is the nineteenth mission of the Polar Satellite Launch Vehicle and the second

flight that employs PSLV-XL configuration

It has 4 stages using solid and liquid propulsion systems alternately

The first stage also has six solid propellant strap-on motors (PSOM-XL), each

carrying 12 tonnes of solid propellants for higher payload capability

Government approves creation of extra storage capacity

The Government has accepted establishment of extra storage capacity of about

152 Lakh tonne food grains

To be taken up in 19 states in the initial phase in

public private partnership mode