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Current Affairs March 2015 Union Government amends guidelines for financial support to PPP infrastructure March 31, 2015 3 Comments Union Government on 31 March 2015 approved amendments to the Publi Partnerships (PPP) guidelines. The approved amendments seek to enhance support to projects in infrastructure sector. Decision in this regard was taken by the Cabinet Committee on Economic Affai chaired by the Prime Minister Narendra Modi. Amendments approved Change in the definition of a Private Sector Company in the guidelines for support to PPP in Infrastructure under the Viability Gap Funding (VGF) Schem The definition of a Private Sector Company means a company which Government Company. In this case Government company is defined as any company in which mor per cent of the paid-up share capital is held by the Union Government o Government or partly by Union Government and partly by State Government ( It also includes a company which is a subsidiary company of such a Go company. This decision was taken to remove any ambiguity in interpretation of the ter Sector Company in order to align it with the definition of Government Compan under Section 2 (45) of the Companies Act, 2013. Tags: CCEA Government Infrastructure Narendra Modi Gujarat Legislative Assembly passes Anti-Terror Bill March 31, 2015 No comments The Gujarat Legislative Assembly on 31 March 2015 passed Gujarat C Terrorism and Organized Crime (GUJCOC) Bill, 2015. It is third time this controversial Bill being passed by state assembly. Earlier, p was rejected two times by the then Presidents in 2004 and 2008 for reconsidera Key facts GUJCOC Bill, 2015 is a modified version of the original 2003 Gujarat C Organized Crime Bill. It still contains the provisions that had led to its rej Presidents in the past. The bill aims to empower the law enforcing authorities to intercept and reco October 2015 September 2015 | August 2015 | July 2015 | June 2015 | May 2015 | | April 2015 | March 2015 | February 2015 | January 2015 | Current Affairs 2014 Current Affairs 2013 Current Affairs 2012 Current Affairs 2011 E-Book Compilations National Current Affairs State Current Affairs International Affairs Business & Economy Banking Current Affairs Science & Techonlogy Environment Current Affairs | Bills and Acts Defence Current Affairs CURRENT AFFAIRS CURRENT AFFAIRS CATEGORY Home Banking Awareness EBooks Downloads GS Manual Online Courses HOME CURRENT AFFAIRS CURRENT AFFAIRS QUIZ GENERAL KNOWLEDGE QUIZ TARGET 2016 →

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Current Affairs March 2015Union Government amends guidelines for financial support to PPP ininfrastructure

March 31, 2015 3 Comments

Union Government on 31 March 2015 approved amendments to the Public PrivatePartnerships (PPP) guidelines. The approved amendments seek to enhance financialsupport to projects in infrastructure sector.Decision in this regard was taken by the Cabinet Committee on Economic Affairs (CCEA)chaired by the Prime Minister Narendra Modi.Amendments approved

Change in the definition of a Private Sector Company in the guidelines for financialsupport to PPP in Infrastructure under the Viability Gap Funding (VGF) Scheme.The definition of a Private Sector Company means a company which is not aGovernment Company.In this case Government company is defined as any company in which more than 51per cent of the paid-up share capital is held by the Union Government or State(s)Government or partly by Union Government and partly by State Government (s).

It also includes a company which is a subsidiary company of such a Governmentcompany.

This decision was taken to remove any ambiguity in interpretation of the term PrivateSector Company in order to align it with the definition of Government Company definedunder Section 2 (45) of the Companies Act, 2013.Tags: CCEA • Government • Infrastructure • Narendra Modi

Gujarat Legislative Assembly passes Anti-Terror BillMarch 31, 2015 No comments

The Gujarat Legislative Assembly on 31 March 2015 passed Gujarat Control ofTerrorism and Organized Crime (GUJCOC) Bill, 2015.It is third time this controversial Bill being passed by state assembly. Earlier, passed billwas rejected two times by the then Presidents in 2004 and 2008 for reconsideration.Key facts

GUJCOC Bill, 2015 is a modified version of the original 2003 Gujarat Control ofOrganized Crime Bill. It still contains the provisions that had led to its rejection byPresidents in the past.The bill aims to empower the law enforcing authorities to intercept and record phone

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calls as evidence.  It also puts the onus of proving the innocence on an accused.

Clause 14 of the Bill mentions that evidence collected through interception of wire,electronic or oral communication shall be admissible as evidence against the accused inthe court.Background

In 2004, the bill was passed for first time and was returned by then President APJAbdul Kalam after he had objected clause-14. He had asked state government toremove the clause.In 2008, the bill was again passed after clause 14 was deleted as per recommendationof President.However, then President Pratibha Patil again rejected it and had suggested toeliminate the provision related to confession made before a police officer to beadmitted in the court as evidence.In 2009, the bill was again passed for third time without making recommendedamendments and was sent for President’s assent. It is still pending with the Presidentfor assent.

Tags: Bills And Amendments • Gujarat • Terrorism

Vice Admiral Cheema takes over as new Commanding-in-chief of WesternNaval Command

March 31, 2015 No comments

Vice Admiral Surinder Pal Singh Cheema on 31 March 2015 tookover the reins of the Western Naval Command as Flag OfficerCommanding-in-chief.He took charge from Vice Admiral Anil Chopra at a ceremonialparade held at INS Shikra in Mumbai. With this, he has theunique distinction of shouldering responsibilities ascommanding-in-chief for the fourth time.

Earlier, Cheema while serving in Mumbai had commanded INS Nishank, INS Trishul andINS Virat. Prior to this appointment SPS Cheema was Commanding-in-Chief of SouthernNaval Command.Vice Admiral Sunil Lanba on 30 March 2015 had taken over charge as the Flag OfficerCommanding-in-Chief of Southern Naval Command form SPS Cheema.Tags: Indian Armed Forces • Indian Navy

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