Current Affairs of 10 October 2015

1. Sekhar Basu appointed as chairman of Atomic Energy Commission
Sekhar Basu was  appointed as the chairman of Atomic Energy Commission (AEC). By virtue of this position, he will also occupy the office of secretary, Department of Atomic Energy (DAE).
He will succeed RK Sinha who superannuates on 23 October 2015 and will be in the office till 19 September 2016.
Basu is presently the director of Bhabha Atomic Research Centre (BARC), Mumbai, and also the Chief Executive of Nuclear Recycle Board (NRB), which is a part of BARC.

2. Veteran music director Ravindra Jain passed away
Renowned music director and lyricist Ravindra Jain passed away  following a multiple-organ failure in Mumbai, Maharashtra. He was 71. He is survived by his wife and son.
He started his singing career at a very tender age by reciting bhajans and poetry at temples. He began his musical journey in Bollywood in the 1970s. Since then, he has composed music for almost 150 movies apart from working with Sagar Films for their television series.
His famous songs are Geet Gaata Chal, Chor Machaye Shor, Chitchor, Nadiya ke Paar, Ram Teri Ganga Maili, Ankhiyon Ke Jharokhon Se, Do Jasoos and Henna.
He has also been conferred with various awards for his work including Filmfare Award for Best Music for Ram Teri Ganga Maili (1985), Lata Mangeshkar Lifetime Achievement Award of Maharashtra Government and Padmashri in 2015.

3. Tapan Ray appointed to Board of Securities and Exchange Board of India
Corporate Affairs Secretary Tapan Ray was  appointed to the Board of capital market regulator Securities and Exchange Board of India (SEBI). Ray succeeded Anjuly Chib Duggal on the SEBI board.
Ray took charge as a Secretary in Union Corporate Affairs Ministry in August 2015. A Gujarat cadre IAS officer, Ray has served in various capacities in Gujarat between 1984 and 1994. He has also handled other assignments at the Centre in Power, Science and Technology, Textiles and Defence Ministries.
Ray has done his post graduation in Public Policy and International Affairs and holds diplomas in German language, international law and international business.

4. Kerala Government launched Operation Valsalya to track missing children
The Kerala government on 9 October 2015 launched the Operation Valsalya project to trace, rescue and reunite the missing children with their family. This ambitious programme is envisaged to be implemented on the lines of the much acclaimed Operation Smile project in Ghaziabad.
According to police statistics of Kerala, as many as 69 children have been kidnapped or abducted across the state till June this year. While 116 children were kidnapped in the state in 2014, the number was 136 in 2013 and 147 in 2012.
Highlights of the Operation Valsalya
The operation was initiated by Kerala's Social Justice Department on a small scale. However, it will be extended across the state after evaluating its success
Cooperation and support of police, childline volunteers and non-governmental organizations have been sought in this regard.
It is expected to provide relief to parents who live in the painful memories of their missing children.
Under the programme, officials with expert training in Juvenile Justice Act, Protection of Child Rights Act and Protection of Children from Sexual Offences Act, will carry out searches in locations like bus stands, railway stations, pilgrim centers and so on.
Searches would also be carried out in children homes and orphanages by vigilant squads.
Identity of wandering children and inmates of orphanages will also be recorded.
Awareness programmes and poster and sticker campaigns will also be carried out to propagate the cause.
The picture and other whereabouts of children, rescued from various parts of the state under the mission, will be uploaded on the website

5. Rajasthan Government unveiled Rajasthan Startup Policy 2015
Rajasthan Government  unveiled the Rajasthan Startup Policy 2015 to galvanize the start-up ecosystem in the state and provide them required sustenance to the entrepreneurial talent. The start-up policy was unveiled by CM Vasundhara Raje during the Rajasthan Startup Fest 2015.
Key features of Policy 
• The policy was launched with an aim to establish 50 incubator organizations in next five years.
• It seeks to support and incubate around 500 innovative start-ups from the state and create 100000 square feet of incubation space.
• It will mobilise angel and venture capital of 500 crore rupees for start-ups in the next five years. They will be provided with sustenance allowance of 10000 rupees per month for a year.
• Start-ups will be also provided with marketing assistance of 10 lakh rupees at launch stage
Other Announcements
The State Government also approved the Micro, Small & Medium Enterprises Policy 2015 with an aim to establish new industries, MSME clusters, Khadi, handloom and handicraft development, cheaper loan, assistance for startups to new entrepreneurs, to provide marketing to products, quality improvement and for rehabilitation of sick industries.
The cabinet also cleared Rajasthan Sick Micro & Small Enterprises (Revival and Rehabilitation) Scheme, 2015. The new scheme has been brought for those sick Micro & Small Industries which have been given revival package. Provision has been made for various concessions for public and enterprises.
The Bio-Technology Policy 2015 was also unveiled along with the approval for the amendment in Rajasthan Engineering Service (Building & Road Branch) Rules, 1954. After the amendment now engineers of mechanical and electrical branches along with civil branch could be promoted as Chief Engineer based on seniority.

6. Andhra Pradesh Government launched e-Pragati project
Government of Andhra Pradesh  launched Andhra Pradesh State Enterprise Architecture (APSEA). It is alternatively called as e-Pragati project.
It was launched by the state Chief Minister N Chandrababu Naidu at a function held in Visakhapatnam.
Features of e-Pragati
• It aims for a transformational change in the way government services are conceived, designed, delivered and consumed.
• The public private partnership (PPP) has been designed as a tool to provide integrated services to its citizens by adopting a Whole-of Government approach.
• It seeks to enhance the Quality of Life by deploying the cutting edge technologies, including SMAC, in various sectors like Agriculture, Education, Healthcare, Construction, Skill Development, Urban and Rural Development.
• It forms the basic IT Fabric that supports the 7 Developmental Missions comprising the Sunrise AP.
• It realizes the goal of establishing ONE Government, by adopting the best principles of Enterprise.
• Architecture, like establishing shared infrastructure and applications, enforcing technology standards, ensuring interoperability through the use of a SOA-based middleware called e-Highway.
• It includes 72 projects, made into 14 packages for ease of implementation over the next 3 years, at a cost of 2398 crore rupees.

7. Renowned Flautist N. Ramani passes away
Renowned Carnatic flautist Dr. Natesan Ramani passed away in Chennai, Tamil Nadu. He was 82 and died due throat cancer. He was known for introducing the long flute in Carnatic music and had developed his own inimitable style in the field of flute music especially on Venu flute.

8. Axis Bank takes aim at corporate customers with new mobile apps
Axis Bank Ltd has launched mobile- and tablet-based banking apps for corporate customers that allows them to do most of their transactions such as payments, cash management and trade- and foreign exchange-linked dealings. The apps are all targeted at approvers of such transactions, such as treasury heads.
Pay Connect, which is the mobile app aimed at approving rupee transactions, also allows customers to make payments, view account summary, download statement of accounts, link group accounts, check balances in real time and download and email transaction reports. This application is aimed at the bank’s large corporate clients.
The tablet-based Internet banking solution allows the bank’s small and medium-sized corporate customers to perform transactions on the go using a tablet PC.
This app is an alternative to the existing Web-based application that “allows users to view, initiate and approve transactions while on the move.
FX Connect allows users to bid and offer rates for various foreign exchange transactions. TF Connect is meant for trade finance transactions.
With these applications, Axis Bank aims to improve its corporate banking offerings and have its customers transact more on the bank’s network. Offering such value-added services also improves the stickiness of clients.

9. AR Rahman to receive Hridaynath Mangeshkar Award
Academy Award-winning music composer AR Rahman will be honoured with the Hridaynath Mangeshkar Award.
The fifth Hridaynath Award will be conferred on Rahman by veteran filmmaker Subhash Ghai on the birth anniversary of Pandit Hridaynath Mangeshkar, the late younger brother of legendary playback singers Lata Mangeshkar and Asha Bhosle.
The first Hridaynath award was given to Lata. Asha, megastar Amitabh Bachchan and actress Sulochana Tai have also been its recipients.
Megastar Amitabh Bachchan was feted with the fourth such honour and last year it was presented to legendary actress Sulochana Tai.

10. Patanjali enters big retail with Future Group tie-up 
Baba Ramdev's Patanjali Ayurved has entered into an exclusive partnership with Future Group to make its entire range of products available in Big Bazaar outlets across the country.
Other food-based chains of the country's largest retailer such as Easyday, KB's Aadhaar and Nilgiris too will subsequently sell Patanjali products, making them available in more than 240 cities and towns in the country .

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