Page-2 of Current Affairs - October, 2017

Life term for government officials indulging in torture: Law Commission

The Law Commission in latest report has recommended government to ratify Convention against Torture and Other Cruel, Inhuman or Degrading Treatment or Punishment and also recommended life in jail for public servants convicted of torture. In July 2017, Union Government had asked Law Commission of India to examine issue of ratifying the convention after a ..

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Home Ministry eases Arms Rules to woo investments

The Union Home Ministry has liberalised Arms Rules to encourage investments in manufacture of arms, ammunition and weapons systems. The rules were liberalised with aim of making India a regional leader in supplying small arms to neighbouring countries as well as become an export hub. Key Facts Under the new rules, licence granted for manufacturing ..

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Government inks $200 million Loan Agreement for Assam Agribusiness and Rural Transformation Project

The Union Government and World Bank have signed $200 million Loan Agreement for Assam Agribusiness and Rural Transformation Project. The $200 million loan from World Bank’s International Bank for Reconstruction and Development (IBRD) has a 7-year grace period, and a maturity of 16.5 years. Assam Agribusiness and Rural Transformation Project The Project will support Assam ..

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China launches world’s first hybrid electric tram powered by hydrogen fuel cells

The world’s first hybrid electric tram powered by hydrogen fuel cells was launched in China’s Tangshan city, north China’s Hebei Province to give big boost to green energy in public transport. The first of its kind ecologically-friendly tram was domestically developed by China Railway Rolling Stock Corporation (CRRC) in 2015. Key Facts The ecologically-friendly tram ..

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MSME Samadhaan: Government launches MSME Delayed Payment Portal

The Union Ministry of Micro, Small & Medium Enterprises (MSME) has launched MSME Delayed Payment Portal – MSME Samadhaan (http://msefc.msme.gov.in). The portal aims at empowering micro and small entrepreneurs across country to directly register their cases relating to delayed payments by Central Ministries, Departments, CPSEs, State Governments. Key Facts The Samadhaan portal will give information ..

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