Current Affairs - November, 2012

PPP in railways allowed

The government has allowed a private investment policy in the railways. The performance of Railways in PPP (Public-Private Partnership) projects has been dismal. Now, the Govt will try 5 different models for inviting private sector participation for last-mile connectivity projects in Railways. With this the government hopes it will be able to have speedier implementation ..

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Tata Sons to offload a part of its 60 per cent stake in direct-to-home Tata Sky Ltd

Tata Sons, a holding company of the Tata Group has 60% stake in the DTH (Direct-To-Home) Tata Sky Ltd. DTH (Direct-To-Home) Tata Sky Ltd is loss-making company and thus, Tata Sons plans to sell a part of its share to private equity players and institutional investors and raise funds for the satellite TV company’s growth ..

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China’s new passport map falsely includes AP, Aksai Chin as part of China

Another game by China: The watermark on fresh launched e-passports by China falsely depict Arunachal Pradesh and Aksai Chin in J&K as parts of China. Reaction from India: India has registered a strong protest with China India has also started imprinting its own map on visas that are issued to Chinese nationals :) China crossing ..

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Anti-Piracy Scheme in Audio-Visual Sector gets approval by Central Govt

Under the 12th five year plan, the Union government has approved a scheme by Information & Broadcasting Ministry for carrying out an anti-piracy initiative in the audio-visual sector. The key activities planned include: Campaign on piracy through audio-visual, internet and print media Dedicated web portal Training programmes and workshops to sensitize police, judicial, administrative officials, ..

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Maldives cancels GMR's $511m airport project

Maldives has cancelled a USD 511 million deal with Indian firm GMR. Maldives has also ordered Orders GMR to leave the country within 7 days. India has warned Maldives to honor the legal contract. Why was the cancellation of GMR project? Background: The deal b/w Maldives and GMR was inked under former president Mohamed Nasheed’s ..

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