India This Week: 23 May-29 May 2011

You can read compilation of all the important topics and events of the week. Update your Current Affairs Weekly with our India This Week.

May 30, 2011 17:27 IST
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India : Current Affairs
India : Current Affairs

A compilation of all the important topics and events of the week is given here. Update you Current Affairs Weekly with our India This week.

23 May 2011

•    Madhya Pradesh state government decided to form a separate agriculture cabinet.
•    The Reserve Bank of India's working group on introduction of financial holding structure in India submitted its report suggesting a holding company model for the financial sector.
•    BHEL 'S board approved of the proposal to offload government's 5 per cent stake in BHEL.
•    Public sector lender Central Bank of India and the National Skill Development Corporation (NSDC) entered into an agreement in order to promote vocational training amongst the youth.
•    Steel Authority of India called off the road shows of its share sale planned for June.
•    Ajit Kumar Seth a 1974 batch IAS officer from the Uttar Pradesh cadre was on 23 May 2011 appointed the Cabinet Secretary of India

24 May 2011
•   The government of India puts spectrum auction on speed dial.
•    Reserve Bank of India (RBI) relaxed the eligibility norms for using credit default swaps (CDS) on corporate bonds.
•    Salaried taxpayers who do not have other sources of income and whose income are below 5 lakh rupees per annum, are being exempted from filing income tax return.
•    Possibility of diversion to the power sector of the coal being sold by Coal India Ltd (CIL) through the e-auction route ruled out.
•    The Indian Olympic Association (IOA) gave the go-ahead to host the multi-discipline SAF Games in 2012.

•    Union Environment and Forest Minister Jairam Ramesh launched an elephant conservation programme, Hathi Mere Sathi.

25 May 2011
•    The National Advisory Council (NAC) chaired by Sonia Gandhi gave its nod to government’s go ahead for fresh survey identifying families Below Poverty Line, BPL.
•    A MoU was signed between OP Jindal Global Univeristy and the National Institute of Administrative Research of the Lal Bahadur National Academy of Administration, Mussorie.
•    Anti-monopoly watchdog Competition Commission of India (CCI) held NSE guilty of abusing its dominant position & of using unfair means in trading of currency derivatives.
•    Eminent harmonium player and Padma Shri awardee Ustad Mahmood Dholpuri died in New Delhi.
•    Indian government issued an order to set up an independent panel under the civil aviation ministry that will investigate air accidents and serious incidents.

26 May 2011
•    Haryana Launched a Project to Enrol People for UID and Smart Cards.
•    Lanco Solar announced to set up a 75 MW solar power plant at Dhule in Maharashtra at a cost of 884.18 crore rupees.
•    Professor Subhasis Chaudhuri of IIT-Mumbai was selected for the prestigious G. D. Birla Award for Scientific Research for his contributions in the area of electronic communications.
•    President Pratibha Patil rejected the mercy petition of Khalistani terrorist Davinder Pal Singh Bhullar convicted for a bombing outside the Indian Youth Congress office in Delhi in 1993.

27 May 2011
•    The Indian Ministry of Finance cleared the RBI’s draft guidelines on new bank licences with a rider that the existing 74% cap on foreign direct investment (FDI) be retained.
•    A high-level coordination committee on external commercial borrowings (ECB) decided to raise the external commercial borrowing limit to $ 30 billion for the financial year 2011-12.
•    The government of India notified the new pictorial warnings to be printed on packages of smoking and chewable tobacco products.

28 May 2011
•    Committee constituted under chairman, CBDT to examine ways to strengthen laws to curb the generation of black money in the country, its illegal transfer abroad and its recovery.

29 May 2011

•    The southwest monsoon set in over Kerala on 29 May 2011; three days prior to the normal date of 1st June.

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