Current Affairs Update – 15th April, 2016

• India was among the first four
  countries to get a loan from the newly established BRICS (Brazil, Russia,
  India, China and South Africa) New Development Bank (NDB) which gave a $250
  million funding to Canara Bank for a renewable energy project.
• The China-based NDB has approved
  four green renewable energy projects from India, China, Brazil and South Africa
  entailing Bank financing of $811 million.
• The project from India entails
  provisioning of a multi-tranche loan of $250 million to Canara Bank for lending
  to renewable energy ventures.
• The project will result in
  generation of 500 Mw of renewable energy and savings of about 800,000 tonnes of
  carbon emissions.
• This loan is the first such loan
  from the development financial institution, according to officials.
• The NDB was formed by the BRICS
  leadership with the objective of funding infrastructure projects in emerging
  economies and to meet the aspirations of hundreds of millions of people through
  sustainable development.

• Prime Minister Narendra Modi on
  14 April 2016 inaugurated the Maritime India Summit 2016 (MIS 2016) in Mumbai.
  While inaugurating the summit, the PM invited investors to come to India.
• Maritime India Summit 2016 is a
  maiden flagship initiative of the Ministry of Shipping, Government of India
  that provides a unique platform for participants to explore potential business
  opportunities in Indian Maritime Sector.
• The two-day summit, which will
  conclude on 15 April 2016, will host forums to foster interaction between
  stakeholders through B2B and G2B meetings.
• It will also organise special
  sessions on investment opportunities in maritime sector, setting up of new
  ports and capacity augmentation of existing ports, development of inland
  waterways for cargo and passenger transportation, coastal shipping and other
  services related to Indian Maritime Sector.

• The Government of India on 14
  April 2016 reconstituted the Indira Gandhi National Centre for the Arts (IGNCA)
  Trust with immediate effect.
• Senior Journalist Ram Bahadur Rai
  was selected as President of IGNCA. Veteran dancer Sonal Mansingh, film maker
  Chandraprakash Dwivedi and lyricist Prasoon Joshi are included as members of
  the 20 member reconstituted body.
• Ram Bahadur Rai is a renowned
  Hindi Journalist and former news editor of Jansatta newspaper.
• He has also authored books on VP
  Singh named Manjil se Jyada Safar and Rahvari ke Sawal on Chandrashekhar.

• The Mumbai Press Club on Friday
  selected T N Ninan, Chairman and Editorial Director of Business Standard, for
  this year’s ‘RedInk Award for Lifetime Achievement in Journalism’.
• The award will be presented to
  Ninan by the Governor of Maharashtra C Vidyasagar Rao on April 26 here.
• The Award recognises Ninan’s
  extensive contribution to business journalism through good editorial leadership
  which he provided over the years to a host of publications, says a release
  issued here by the Mumbai Press Club.
• The ‘RedInk Journalist of the
  Year’ Award would be given to NDTV India’s senior Executive Editor Ravish Kumar
  for his consistent and good reporting on politics and issues that concern the
  common man.

• Union Government on 14 April 2016
  appointed Susmita Pande as the new chairperson of the National Monument
  Authority (NMA). She is professor a professor at Ujjain’s Vikram University.
• She would succeed Himanshu Prabha
  Ray, the professor at Jawaharlal Nehru University whose term ended in September
  2015. The position was lying vacant for five months after his demission from
  office.
• At the time of appointment, she
  was the head of the School of Studies in Ancient Indian History, Culture and
  Archaeology in Vikram University of Madhya Pradesh.

Team ExamPundit

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