ORGANISATIONCHIARMAN +VICE CHAIRMAN+CEO

+ FOUR UNION MINISTERS+ FULL TIME MEMBERS+ PART TIME MEMBERS

GOVERNING COUNCILPM+ CM’s+ Lt. GOVERNORS

REGIONAL COUNCILPM+ CM’s OF THE REGION

CURRENT AFFAIRS LECTURE(Extract from PPT)

(Ending 4th Jan) of 2015 GNXX CALC X01A EN15

THE NATION

ORDINANCE TO AMEND LAND ACQUISITION ACT

ORIGINAL ACT

“ Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act 2013”…. Implemented from 01-01-2014

PRESIDENT GIVES ASSENT FOR SETTING UP OF NJAC

NJAC : National Judicial Appointments Commission “ Constitution 121st amendment bill for setting up of NJAC cleared” This is about appointment and transfer of Judges for the Supreme Court and High Courts. Gives executive an equal role in appointments to higher judiciary. This 121st amendment bill stipulates amendments to articles 124(2) and 217(1) NJAC ends the Supreme Court’s collegium system

GOVT SETS UP NITI Aayog ON NEW YEAR DAY NITI Aayog replaces Planning Commission, which was established by Pt. Jawaharlal Nehru on 15th March 1950

NITI Aayog - National Institution for Transforming India Aayog At the outset … It will be a three tier structure It is the “Think tank” at the highest level For formulating policies and direction to the Government “Bharatiya” approach to development Govt. Should be enabler Will recommend technical and strategic advice to govt. Process will be separated from governance. Govt. should focus on enabling legislation, policy making and regulation. Co-operative federalism Think Tank of the Govt. Bottom-up approach Formulate policies at village level and scale them up.

PAKISTANI FISHING BOAT WITH EXPLOSIVES BLEW ITSELF OFF

ACROSS THE STATES

Rajasthan : Minimum Educational Qualification prescribed for local body electionsJammu & Kashmir : No Govt. formation in J & K as consensus eludes the political parties for formation of the coalition governmentAndhra Pradesh : New capital is coming up on the banks of River Krishna near VijayawadaManipur : National Sports University is coming up in ManipurGujarat : ‘Akodara’ digital village in GujaratAssam : AF(SP)A 1958 extended by another year in AssamRajasthan : Camel festival held at BikanerDelhi : Govt. of India decided to authorize 2000 unauthorised colonies in Delhi

AROUND THE WORLD

Learning Space, Vijayawada 1

Problems with the present act

Obtaining consent of 80% land owners

Social Impact Assessment was mandatory

Govt. felt that it became difficult to acquire

land with above two conditions.

Now, the Govt. removed these two aspects by issuing ordinance for the following five areas.

National Security and Defence Rural Infrastructure and Electrification Affordable Housing for Poor Development of Industrial Corridors Infrastructure and Social Infrastructure including PPP projects, where

ownership rests with the Government.

Dec 31 /Jan 1 Midnight Arabian Sea Off the Porbandar coast Near Maritime boundary

As per intelligence reports, a fishing boat from Keti Bunder near Karachi was planning some illicit transaction.

Coast Guard Dornier aircraft located it and advised Coast Guard Patrol Vessel. Intercepted the boat at 365 km. West / South-West of Porbandar coast.

The boat blew itself off, sinking with four men.

NJAC constitutes Chief Justice of India Two senior most Judges of the Supreme

Court Union Minister for Law & Justice Two eminent personalities to be nominated

by the Prime Minister, the Chief Justice of India and the Leader of the Opposition

UKRAINIAN PARLIAMENT VOTES IN FAVOUR OF NATO MEMBERSHIP

UKRANIA is a slavic nation Capital : Kiev Currency : Ukrainian hryvnia Population : 44,291,413

BANKING AND ECONOMY

ECONOMY IS IN BETTER POSITION… RBI’s Financial Stability Report says FINANCIAL STABILITY REPORT December 2014

SPORTS

M.S. DHONI BIDS GOODBYE TO TESTS 3rd test at Melbourne was his last test Dec 2nd 2005 … Debut against Sri Lanka in Chennai Highest score 224 90 Matches as a player … 4876 runs with average 38.09

Best by any wicket keeper captain 60 matches as a captain Played / won Best by an Indian Keeper Home turf … 30/21

Foreign turf … 30/6Overall … 60/27

OBITUARY

Learning Space, Vijayawada 2

Economy is in a better position due to Fall in Inflation Political Stability Recovery in External Sector Primary capital market activity still in subdued condition. Portfolio money may go from emerging markets.

Economy may grow at 5.5% this fiscal.

Banking: Credit offtake is in subdued condition CAR is comfortable at 12.8% Gross NPA’s deteriorated to 4.5%

Saiyid Hamid 94 … Educationalist Reformist, Author Last surviving ICS officer in India Conferred Sir Ross Masood

Lifetime Achievement Award 2014 Former Vice-Chancellor of AMU Former Chancellor of Jamia Millia

Islamia Chancellor of Jamia Hamdard

University

Boobli George Verghese 88… Journalist

Born in Maymyo, Burma in 1926 Graduation from St. Stephen’s Delhi

and PG from Trinity college, Cambridge.

Frist joined the Times of India Worked as Editor of Hindustan

Times and The Indian Express Conscience of the media world.

Vasant Ranchhod Gowariker 81… Scientist Famous Space Scientist Played key role in India’s Space

programme. Joined ISRO in 1967. Behind developing Solid Propellants

required for the rocket programme. Was Director, VSSC Became Secretary, Dept. of Science. &

Technology

It gives strong signal of its strategic and military alliance with European and American forces

President signed the bill. However, the country will hold referendum Country loses non-aligned status Russia annexed Crimean peninsula from Ukraine

Pro-Russia insurgency in Eastern Ukraine