Current Affairs Update – 6th June, 2015

Hello and welcome to ExamPundit. Here are the Important Current Affairs of 6th June, 2015. These are important for upcoming SBI PO 2015 Mains Exam.

Finance/Industry
Modi announces $2-bn
credit to Bangladesh

  • India and Bangladesh on Saturday opened a new chapter in
    their ties as they settled the 41-year-old boundary dispute and promised to do
    more in other areas amid Prime Minister Narendra Modi’s announcement of a fresh
    line of credit of $2 billion to the neighbouring country.
  • With West Bengal Chief Minister Mamata Banerjee standing by
    his side, Mr. Modi, on his maiden visit in Dhaka, also expressed confidence to
    have a “fair solution” to the Teesta and Feni river water sharing issues with
    Bangladesh “with the support of state governments in India”.
  • After extensive talks between Mr. Modi and Bangladesh Prime
    Minister Sheikh Hasina, the two sides signed 22 agreements, including on
    cooperation in maritime safety and to curb human trafficking and fake Indian
    currency.
  • He announced a fresh $2 billion line of credit for
    Bangladesh and promised quick implementation of the earlier line of credit of
    $800 million and full disbursement of $200 million.
  • The highlight of the Mr. Modi’s first day in Dhaka was the
    exchange of documents related to the Land Boundary Agreement (LBA), which paves
    the way for exchange of territories to settle the 41-year-old border dispute
    which has been an irritant.

Anil Ambani Group to
Invest USD 3 Bn in Power Plant in Bangladesh

  • Anil Ambani-led Reliance Power today signed an agreement to
    invest USD 3 billion in setting up a mega power plant and a floating LNG import
    terminal in Bangladesh which faces acute power shortages.
  • Reliance Power will set up a 2 million tonnes a year
    floating LNG import terminal as well as 3,000 megawatt power plant, according
    to a memorandum of understanding (MoU) signed by Sameer Gupta, Executive Vice
    President of Reliance Power, during Prime Minister Narendra Modi’ two-day visit
    here.
  • The company will use the equipment it had contracted for its
    Samalkot project in Andhra Pradesh for setting up the power plant in Bangladesh
    in three years from the date of signing power purchase agreement (PPA).
  • The equipment will be under appropriate warranties from
    General Electric (GE), USA and the other global suppliers, the company said in
    a statement.
  • Reliance Power was implementing a 2,400 MW gas based power
    project at Samalkot in Andhra Pradesh. The project was to be allocated gas from
    Reliance Industries’ KG-D6 block but due to the drastic decline in production,
    the project has not got any gas so far.

India
India, Bangladesh
sign historic land boundary agreement

  • On Prime Minister Narendra Modi’s maiden visit to Dhaka,
    India and Bangladesh on Saturday sealed a historic agreement that will settle a
    41-year-old land boundary dispute through exchange of territories, removing a
    major irritant in bilateral ties.
  • The two sides exchanged documents regarding the Land
    Boundary Agreement (LBA) that was passed unanimously by the Parliament last
    month in the presence of Mr. Modi and his Bangladeshi counterpart Sheikh Hasina
    besides West Bengal Chief Minister Mamata Banerjee.
  • The exchange of documents paves way for the
    operationalisation of the 1974 India-Bangladesh LBA that provides for exchange
    of 161 enclaves between the two countries. A total 111 border enclaves will be
    transferred to Bangladesh in exchange for 51 that will become part of India.
  • Ahead of his visit, Mr. Modi had said the Agreement marked a
    “watershed moment” in India’s ties with Bangladesh.
  • Under the agreement, India will have an advantage of 500
    acres and 10,000 acres will go to Bangladesh.
  • The agreement settles the question of citizenship for over
    50,000 people.
  • The issue has been a major irritant in ties between the two
    countries which share a 4,096-km-long border, most of which is porous.
  • The settlement of the LBA comes as both countries have
    settled their maritime boundary.

Two bus services
launched between India and Bangladesh

  • In a major boost to connectivity between India and Bangladesh,
    two bus services were flagged off on Saturday by Prime Minister Narendra Modi,
    his Bangladesh counterpart Sheikh Hasina and West Bengal Chief Minister Mamata
    Banerjee in Dhaka.
  • The bus services — Kolkata-Dhaka-Agartala and
    Dhaka-Shillong-Guwahati — will link West Bengal to three North Eastern states
    of India via Bangaldeshi capital Dhaka.
  • During the flag off ceremony on the first day of Mr. Modi’s
    visit, he handed over a symbolic ticket of the Agartala-Dhaka-Kolkata service
    to Ms. Hasina and she handed over a symbolic ticket of Dhaka-Shillong-Guwahati
    service to her Indian counterpart. Ms. Banerjee gave Ms. Hasina a symbolic
    ticket of the Kolkata-Dhaka-Agartala service.
  • These bus services are aimed at improving people-to-people
    contact between the neighbouring countries by enhancing connectivity.
  • There would be two buses on the Kolkata-Agartala-Dhaka
    route, one of which would be run by the West Bengal government and the other by
    the Tripura government.
  • The solo bus in the Dhaka-Shillong-Guwahati route would be
    run by the Bangladeshi government. Buses on this route would originate three
    days a week each from Guwahati and Dhaka, respectively.

Sports
Dravid named Ind A,
U-19 coach

  • Former captain Rahul Dravid was on Saturday appointed coach
    of the India A and Under-19 cricket teams after the first meeting of BCCI’s
    advisory committee here. Meanwhile, suspense continued over Ravi Shastri’s
    tenure as the senior team’s Director post the Bangladesh tour.
  • The panel — comprising retired legends Sachin Tendulkar,
    Sourav Ganguly and VVS Laxman — met at the Cricket Association of Bengal office
    at the Eden Gardens and also present was BCCI President Jagmohan Dalmiya.
  • The 42-year-old Dravid, a veteran of 164 Tests and 344 ODIs,
    had been sounded out for the national coach’s job but he was reluctant to take
    up the assignment owing to family commitments.
  • Sources said, Dravid was, however, keen to take up the
    responsibility of shaping up the next generation of Indian cricket. He is
    likely to tour with India A tem also.
  • However, there was no end to speculation surrounding
    Shastri, who has been retained Team Director till the Bangladesh tour.

Awards
& Honors –
UK Author Ali Smith
won 2015 Baileys Women’s Prize for Fiction

  • UK Author Ali Smith on 3 June 2015 won the 2015 Baileys
    Women’s Prize for Fiction for her novel How to be Both.
  • Other nominees for the award were English author Laline
    Paull, Canadian author Rachel Cusk, Pakistani author Kamila Shamsie and Welsh
    author Sarah Waters.
  • Ali Smith, a Scottish author, has also won the 2014
    Goldsmiths Prize and the Novel Award in the 2014 Costa Book Awards for the same
    book.
  • Earlier, the book was shortlisted for the 2014 Man Booker
    Prize and the 2015 Folio Prize.

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This post was last modified on July 20, 2019 10:23 am