Current Affairs of 2nd December 2015

Daily Current Affairs contains all major news that occurs National and International Level.It will helpful for those students who are preparing for Bank Exams- IBPS/SBI/PO/Clerk exam and all other competitive exams .

1. Union Government launches GIAN Scheme to boost higher education
1. Union Ministry of Human Resource Development (HRD) has launched Global Initiative of Academic Networks (GIAN) Scheme to boost the quality of higher education in India.
2.  It was launched by Union HRD Minister Smriti Irani at the Indian Institute of Technology (IIT)  campus.
Key Facts of Global Initiative of Academic Networks (GIAN) Scheme 
-Scheme aims at improving the quality of higher education in the -country through international collaboration.
-Facilitate participation of high quality international academicians for delivering short-term courses and programs in Indian institutions.
-Initially 500 international faculties will be engaged in conducting courses and later in subsequent years 1000 faculties would be engaged under GIAN throughout India.
-Under this scheme, academicians will cover 13 disciplines and 352 courses to be taught in 68 national institutions. These courses will vary in duration from one to three weeks depending on the subject and will be free for students of the host institution and available for nominal fees for others. T
-These courses will be webcasted live for students across the country through web portal designed by IIT Kharagpur.

2. German cabinet approves military mandate to fight Islamic State in Syria
1. The German Cabinet has approved a mandate offering military assistance to fight against the Islamic State (IS) militant group in Syria.
2. The mandate aims at supporting France and the international alliance in its fight against the IS militant group. Now it requires Parliamentary approval to come into force.
3. This decision was taken by cabinet after an appeal was made by French President Francois Hollande in the wake of the 13 November Paris attacks carried by the terrorist organisation.
4. The German mission will include sending Tornado reconnaissance jets, a refueling aircraft and a frigate for one year and can be extended by year. Under this mandate Germany could deploy up to 1,200 military personnel to support the international alliance but they won’t actively engage in combat missions.

3. Jharkhand Government declares entire state as drought hit
1. Jharkhand government has declared the entire state as drought hit in view of less rainfall in 2015 monsoon season and loss of crops.
2. Decision in this regard was taken at the state Cabinet meeting presided by Chief Minister Raghuvar Das in Ranchi following Agriculture department’s report on drought.
3.  In its report state Agriculture department has reported that 64 blocks of the state have suffered 50 per cent loss in crops and another 62 blocks have suffered 40 per cent loss due to poor monsoon. It also estimated that drought has resulted loss of rice (dhan) crops by 37.7 per cent, dalhan crops by 16.85 per cent and Makka crops by 27.06 per cent in 2015.
4. State Cabinet also has decided to send the report on drought status in state to the Union Government and request it to send a team for assessment of drought in the state

4. India’s Thakur Anoop Singh won gold medal in World Bodybuilding and Physique Championships
1. India’s Thakur Anoop Singh on 28 November 2015 won gold medal in the 7th WBPF World Bodybuilding and Physique Championships. He won the medal in the fitness physique category.
2. Overall, India won 11 medals in the championships that saw participation from 47 nations. The championships were held in Bangkok, Thailand.
3. Along with him, Arambam Boby (Manipur) also won gold in the championship. For him, it was the 4th world title in his career.

5. International Day for the Abolition of Slavery Observed globally
1. The International Day for the Abolition of Slavery was observed globally on 2 December 2015. The day is observed to focus on the elimination of human trafficking, child labour and other forms of modern-day slavery
2. According to the International Labour Organization (ILO), there are currently an estimated 21 million forced labour victims worldwide, creating 150 billion US dollars in illegal profits in the private economy each year.
3. To tackle with the situation, ILO has adopted a new legally binding Protocol designed to strengthen global efforts to eliminate forced labour and which will enter into force in November 2016.

6. President gave nod to Factories (Amendment) Bill, 2015 to allow women to work in night shifts
1. President Pranab Mukherjee  gave assent to Factories (Amendment) Bill, 2015 of Maharashtra. Among other things, the bill amends Section 66(1)(c) of the Factories Act, 1948 that restricts women from working at a factory between 7 PM and 6 AM.
2. The Factories (Amendment) Bill, 2015 was passed by the Maharashtra legislature in July 2015. Later, it was reserved for consideration of the President by the State Governor C Vidyasagar Rao under article 200 of the Constitution.
The other proposed changes to the Factories Act, 1948 include
• Workers to be eligible for paid leave after working for 90 days in a year instead of the existing 240 days or more.
• It would not be mandatory for workers to take the management's permission for overtime, the limit for which in three months will be increased to 115 hours from the current 75.
• It will prevent inspectors from filing cases on petty matters against factories and consequently, will help in curbing corruption and harassment from factory inspectors.
• If a factory inspector has to file a case, he has to take prior permission from the chief factory inspector.
• It will allow establishments with up to even 20 employees under the purview of the Factories Act, thereby, allowing employment of women in the night shifts.

7. ICBC to become Tata Group’s strategic banking partner
1. Tata Sons and Industrial & Commercial Bank of China Ltd (ICBC) have formed a long-term partnership, under which ICBC will become a strategic banking partner to the Tata group.
2. Under the alliance, ICBC will provide the Tata group with financing products, global cash management, consulting, international trade finance business, investment banking, foreign exchange, derivatives trading, and other global financial services.
3. ICBC will also create a global service team which will support Tata group’s strategic development plans. The alliance will be a global one with the geographies covered including India, China, Singapore, Europe, the USA, and South America. The Tata group will consider proposals from ICBC and solicit its participation on bilateral transactions and tender offers.

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