Current Affairs of 15 April 2016

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Current Affairs

Current Affairs of 15 April 2016

1. BRICS bank disburses $250 million loan for renewable energy project to Canara Bank

1. India was among the first four countries to get a loan from the newly established BRICS New Development Bank which gave a USD 250 million funding to Canara BankBSE 3.31 % for a renewable energy project.
2. The China-based NDB has approved four green renewable energy projects from India, China, Brazil and South Africa entailing Bank financing of USD 811 million.
3. The project from India entails provisioning of a multi-tranche loan of USD 250 million to Canara Bank for lending to renewable energy ventures .
4. The project will result in generation of 500 MWs of renewable energy and savings of about 800,000 tonnes of carbon emissions.
5. The New Development Bank was formed by the BRICS (Brazil, Russia, India, China and South Africa)leadership with the objective of funding infrastructure projects in emerging economies and to meet the aspirations of hundreds of millions of people through sustainable development.
6. The NDB which commenced operations in July, 2015, is headquartered in the eastern Chinese metropolis Shanghai and its initial authorised capital is USD 100 billion.

2. Second phase of odd-even scheme rolls out in Delhi
1. The second phase of the fortnight-long odd-even scheme today rolled out in Delhi with Chief Minister Arvind Kejriwal appealing to the people of the city to join hands and make the road-rationing plan a success.
2. The government has prepared a plan to implement Odd-even scheme with deployment of 5,000 civil defence volunteers, 400 ex-servicemen and 2,000 traffic police personnel.
3. Government has formed 120 teams of the enforcement wing of transport department which will prosecute those violating the odd-even rule with imposition of a fine of Rs. 2,000 on errant car drivers.
4. Under the scheme, odd-numbered cars are allowed to run on odd dates while even-numbered cars are allowed on even dates.

3. Delhi ranked 44th among world’s 50 ‘future-ready cities’

1. The national capital has been recognised as one of the 50 future-ready cities around the world that are embracing technology to adapt and thrive in an ever-changing and globalised future, according to a report by IT major Dell.
2. Delhi is ranked 44th on the list which is topped by San Jose, followed by San Francisco.
3. The ‘Future-Ready Economies Model’ scores large, high-growth global metropolitan areas based on attributes that enable people and organisations to access new tools and ideas that deliver better connectivity, better economic performance and a greater ability to attract talent.
4. The cities positioned in the list were evaluated along three dimensions — human capital, infrastructure and commerce.

4. Prime Minister Narendra Modi inaugurated Maritime India Summit 2016
1. Prime Minister Narendra Modi inaugurated the Maritime India Summit 2016 (MIS 2016) in Mumbai. While inaugurating the summit, the PM invited investors to come to India.
2. Maritime India Summit 2016 is a maiden flagship initiative of the Ministry of Shipping, Government of India that provides a unique platform for participants to explore potential business opportunities in Indian Maritime Sector.
3. The two-day summit, which will conclude on 15 April 2016, will host forums to foster interaction between stakeholders through B2B and G2B meetings. It will also organise special sessions on investment opportunities in maritime sector, setting up of new ports and capacity augmentation of existing ports, development of inland waterways for cargo and passenger transportation, coastal shipping and other services related to Indian Maritime Sector.

5. British playwright Arnold Wesker died
1. Renowned British playwright Arnold Wesker was died with Parkinson's disease. He was 83.
2. He wrote more than 40 plays that were translated into 18 languages, first gained prominence with a trilogy about the lives of Jewish socialist intellectuals: Chicken Soup with Barley (1958), Roots (1959) and I’m Talking about Jerusalem (1960).