Current Affairs Update – 15th June, 2015

Hello and welcome to ExamPundit. Here are the Important Current Affairs of 15th June, 2015. These are important for the upcoming SBI PO 2015 Mains and RBI Assistant 2015 Exams.

• Wholesale price index (WPI)-based inflation remained in the negative territory for the seventh straight month in May 2015 at (-) 2.36 percent, largely due to softening of food articles prices and further contraction in prices of manufactured products.
• The fall in fuel prices—which saw contraction of 10.50 percent in May on a year-on-year basis—also helped.
• WPI inflation—in the negative zone since November 2014—stood at 6.18 percent in May last year and (-) 2.65 percent in April 2015.
• For the month under review, manufactured products inflation stood at (-) 0.64 percent, lower than (-) 0.52 percent in the previous month.
• Led by nearly 50 percent fall in potato prices, the vegetable price inflation contracted 5.54 percent in May this year.

• To strengthen its position in the m-commerce domain, online marketplace Snapdeal today announced that it has acquired Letsgomo Labs, a mobility solutions company.
• Founded by Manav Kamboj and Vikas Banga, the 76 member team of Letsgomo work across mobile technologies, design and strategy; consults businesses right from building mobile strategies to conceptualization of applications and mobile sites to implementation and hosting. The company also works with e-commerce companies to help them strengthen mobile capabilities.
• With the acquisition, Letsgomo team, now a part of Snapdeal will further strengthen the organisation’s mobile technology capabilities. 75% of the orders on Snapdeal already come via mobile-based transactions. The the recent acquisitions of Martmobi and Freecharge, Snapdeal takes another step towards further strengthening its mobile platform.

• The High Level Committee (HLC) on railway restructuring headed by Dr Bibek Debroy on 12 June 2015 submitted its final report to the Union Ministry of Railways.
• The HLC known as the Committee for Mobilization of Resources for Major Railway Projects and Restructuring of Railway Ministry and Railway Board was formed in September 2014.

• Immediate–Liberalization, or the allowing of private entry; changes in the composition of the Railway Board.
• 0-2 years–Decentralization to zones/divisions; cleaning up finances between Union government and IR.
• 2 years–Reform of RPF, schools and medical services; transition to commercial accounting, reform of production and construction units.
• 3 years–Changes in the Railways Act and the Railway Board Act, setting up a Regulator; unified entry into the Railway services; resolution of social costs.
• 5 years–Bifurcation between Railway Infrastructure Corporation and rest of IR as train operators; end of the Railway Budget.
• 7 years–Transition of the IR that operates trains to a government-owned SPV.

• Union Government on 14 June 2015 launched Mobile Blood Bank Locator App. The app was launched on the occasion of World Blood Donors Day with an aim to ease access of information regarding the nearest blood bank in the country.
• Ministry of Health said that the National Blood Transfusion Council (NBTC) has made available directory of all 2760 licensed blood banks at National Health Portal.

• Ministry of Railways on 12 June 2015 decided to run Suvidha trains with dynamic fares from July 2015. The decision to run Suvidha trains was taken to address the rush during peak travel seasons.
• These trains will have dynamic fare system and there will not be any downward movement of the fare. Also, these trains may be run during peak seasons like winter rush, summer rush, Dussehra rush, Holi rush and on other occasions.
• Only confirmed and RAC tickets will be issued for these trains and there will be no waiting list. No concession like free passes/complimentary passes/warrant/concessional voucher will be available on these trains.
• The maximum advance reservation period will be 30 days while the minimum advance reservation period will be of 10 days.
• Full adult fare shall be changed for all passengers irrespective of their age.

• Shri Ameising Luikham, IAS (MN:1981) today took over as Secretary, Department of Public Enterprises in the M/o Heavy Industries & Public Enterprises .
• Prior to this he was working as Secretary, North Eastern Council, Ministry of Development of North Eastern Region.
• Shri Luikham's appointment is vice Shri Kapil Dev Tripathi, IAS (AM:1980) who already have been appointed as Secretary, Ministry of Petroleum and Natural Gas.

• First-time MLA Kapil Mishra was today sworn-in as a Cabinet minister in the Delhi government and given charge of the Law Department.
• Known as a loyalist of Chief Minister Arvind Kejriwal, 34-year-old Mishra replaces Jitender Singh Tomar who had resigned from the post last week following his arrest on charge of possessing fake degrees.
• Mishra, MLA from Karawal Nagar, was administered oath of office and secrecy by Lt Governor Najeeb Jung at a simple ceremony at the Raj Bhavan.
• Kejriwal, his cabinet colleagues and top officials of Delhi government were present on the occasion.
• 34-year-old Mishra's name was also doing rounds for a ministerial berth when AAP won a landslide victory in February. However, he was made the vice-chairman of Delhi Jal Board.

• World Blood Donors Day (WBDD) was observed on 14 June 2015. The theme of the 2015 World Blood Donor Day campaign is "Thank you for saving my life”.
• The theme focuses on thanking blood donors who save lives every day through their blood donation and encourages more people across the earth to donate blood voluntarily and regularly with the slogan “Give freely, give often. Blood donation matters.”

Note: The Warm Up Match will be given tomorrow Afternoon.


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