India This Week: 30 April-6 May 2012

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30 April 2012
•    Union government in the meeting of informal group of ministers chaired by Finance Minister Pranab Mukherjee decided to allow further cotton exports in the 2011-12 marketing year ending September 2012 following the upward revision of production estimate
•    India announced its decision to export 2.1 million tonnes (mt) of iron ore to steel mills of Japan and South Korea under a long-term agreement
•    President Pratibha Patil re-appointed Goolam E. Vahanvati Attorney-General for two more years with effect from 8 June 2012

1 May 2012
•    Union minister of labour and employment Mallikarjun Kharge inaugurated the E-Challan and Receipt (ECR) facility to bring transparency and accessibility for employers in depositing monthly EPF contributions of their workers

2 May 2012
•    Reserve Bank of India published guidelines for implementation of the new global capital adequacy norms, called Basel III, by March 2018

3 May 2012
•    Vice President Hamid Ansari presented Dada Saheb Phalke Award 2011 to Renowned Bengali Actor Shri Soumitra Chatterjee and gave out the 59th National Film Awards

4 May 2012
•    Reserve Bank of India (RBI) raised the interest rate ceiling on NRI deposits in foreign currencies by up to 3%
•    Noted Tamil writer Ashokamitran, known for his novel Thanneer and other works was declared the recipient of the 6 NTR National Literary Award
•    Union Finance Minister Pranab Mukherjee was elected as Chair of the Asian Development Bank’s (ADB) Board of Governors

5 May 2012
•    The National Counter Terrorism Centre (NCTC) meeting was held in Delhi

6 May 2012
•    Yesteryear actress Sushma Seth and Miss India World Vinya Mishra were awarded with Kalpana Chawla excellence award
•    Veteran Communist Party of India leader and former Left Front Minister Nandagopal Bhattacharya died in Kolkata

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