Daily Current Affairs- 14 July 2016

Dear Readers, we are providing Today's important current affairs of Competitive Exams specially for Bank and SSC.
1. Theresa May appointed Prime Minister of United Kingdom
1. Queen Elizabeth-II appointed Theresa May as the 76th Prime Minister of the United Kingdom (UK) on 13 June 2016. She was appointed as prime minister following her election as the leader of Britain's ruling Conservative Party.
2. With this appointment, she became the second women to assume the office of Prime Minister of the UK. The first women prime minister was Margaret Thatcher who was in the office of PM from 1979 to 1990.
3. She succeeded David Cameron who resigned from the post on the same day following Brexit vote. Cameron tendered his resignation to the Queen. Britons on 22 June 2016 voted to exit the European Union.

2. Arvind Subramanian panel constituted to tackle pulses shortage

1. Union Government constituted a high-level committee to review the minimum support price (MSP) and bonus for pulses.
2. The committee will be headed by Chief Economic Adviser Arvind Subramanian. It has been asked to submit its report within two weeks.
3. Cause of action of the panel
• It will look into various options to frame a long-term policy on pulses to tackle shortage.
• It will suggest an appropriate policy to promote cultivation of lentils in India.
• It will find the measure to contain the rising prices of pulses in the country.
The decision if setting a panel for the purpose was taken at a meeting which was chaired by Finance Minister Arun Jaitley who reviewed the availability of pulses and their prices.

3. India's Olympic Silver Medalist Joe Antic passed away

1. Hockey Olympian Joe Antic passed away on 12 July 2016 in Mumbai. He was 90.
2. Antic represented the country in the Rome Games where Pakistan won the final between the arch-foes 1-0.
3. The hockey player was also a part of the hockey squad that finished runner-up, again to Pakistan, in the Asian Games at Jakarta.

4. Union Cabinet approves Pradhan Mantri Kaushal Vikas Yojana

1. The Union Cabinet approved the Pradhan Mantri Kaushal Vikas Yojana (PMKVY) with an outlay of 12000 crore rupees to impart skilling to one crore people over the next four years (2016-2020).
PMKVY will impart fresh training to 60 lakh youths and certify skills of 40 lakh persons acquired non-formally under the Recognition of Prior Learning (RPL). The target allocation between fresh trainings and RPL will be flexible and interchangeable depending on functional and operational requirements.
2. Highlights of the Pradhan Mantri Kaushal Vikas Yojana (PMKVY)
• It will move to a grant based model where the training and assessment cost would be directly reimbursed to training providers and assessment bodies in accordance with the Common Norms. 
• Financial support to trainees will be given in the form of travel allowance, boarding and lodging costs.
• Post placement support would be given directly to the beneficiaries through Direct Benefit Transfer (DBT).

5. Union Government launches Operation ‘Sankat Mochan’ to evacuate Indian citizens from South Sudan

1. The Union Government has started the operation ‘Sankat Mochan’ to evacuate Indian citizens stranded in South Sudan’s capital Juba. Sankat Mochan in Hindi means reliever from troubles. The operation is being undertaken by Indian Air Force (IAF) and will be headed by Union Minister of State (MoS) for External Affairs General (Retd.) VK Singh.
2. Two heavy-lift C-17 military transport aircrafts have been deployed by UIAF in service to make the evacuation. The Indian Ambassador in South Sudan Srikumar Menon and his team is organising this operation on the ground.