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CURRENT AFFAIRS
CLASS NOTES: 19 Feb - 25 Feb, 2013
(Compiled from 11 Newspapers & 7 Magazines)
• The agreements were signed presented a sector-wise division of The treaty would be signed in
after discussions on cooperation the scope of black money in India, Minamata, Japan, in October 2013
on various areas such as civil for example, telecom sector, mining to honour the inhabitants of town
nuclear energy and many more. sector and real estate sector. who have suffered the
External Affairs Minister led the consequences of serious mercury
A similar study like this was contamination for decades
Indian side in the meeting, while conducted last time by NIPFP in
the Sri Lankan side was led by G L
Peiris.
1984 where it was estimated that The treaty that was
black money generated in India
was 19 percent to 21 percent of
reached after four years
• Issue of the fishermen as well as
rehabilitation process of the Tamils GDP, i.e., up to 36000 crore of difficult negotiations
in Sri Lanka was also discussed Rupees. will aim at
during the meeting. The government, in order to combat • Reduction of global emission
• Apart from this, 13th Amendment this had also selected three levels of the toxic heavy metal or
of the Lankan constitution which thinking tanks in March 2011 in the quick silver
provides autonomy to the provinces order to estimate the quantum of
black money. These three thinking • Reduce the production and the
was also discussed.
tanks were-National Institute of use of mercury in industrial
It is important to note that India and Financial Management (NIFM), processes and product production
CURRENT AFFAIRS
CLASS NOTES: 12 Feb - 18 Feb, 2013
(Compiled from 11 Newspapers & 7 Magazines)
CURRENT AFFAIRS
CLASS NOTES: 5 Feb - 11 Feb, 2013
(Compiled from 11 Newspapers & 7 Magazines)
CURRENT AFFAIRS
CLASS NOTES: 29 Jan - 4 Feb, 2013
(Compiled from 11 Newspapers & 7 Magazines)
1. Amid concern in India over 3. Mr. Sharma has assured him 12. British telecom major Vodafone
China’s plans to construct dams that the move was totally compliant was slapped with an income tax
upstream on the Brahmaputra, a with multilateral agreements. The demand notice of Rs.11,200 crore
senior government official said compulsory licence (CL) was on its 2007 acquisition of Hong
here on Wednesday that the run-of- issued after a due adjudication Kong-based Hutchison
the-river projects would not affect process, so it should not be seen Whampoa’s stake in its Indian
inflows into India. as routine,” the official added. telecom business. The liability
arose following the then Finance
2. Reacting to the news that China 4. In March last, Hyderabad-based Minister Pranab Mukherjee
plans to construct three new NatcoPharma was allowed to amending the Income Tax Act,
hydropower dams in the middle manufacture and sell cancer- 1961, with retrospective effect to
reaches of the Brahmaputra (or treatment drug Nexavar at a price undo the Supreme Court judgment
YarlungZangbo as it is known in that was just a fraction of that was that had ruled in favour of the
China), Union Water Resources charged by patent-holder Bayer company.
Secretary Dhruv Vijay Singh Corporation, under CL. The
told The Hindu that the Indian German firm has already filed an 13. Mr. Chidambaram said he was
government was aware of the appeal against the Indian Patents “happy that Vodafone has formally
dams being constructed/proposed Office’s order with the Intellectual written to the government offering to
by China. “We are keeping a close Property Appellate Board. engage senior government officials
watch. These are run-of-the-river to find a way out of the problem.
dams with no storage and will not 5. Mr. Hormats raised the U.S. They have held two rounds of
affect inflows into India,” he said. pharmaceutical industry’s concern discussions with my Revenue
over issuance of CL by India and Secretary and the Chairman of the
3. However, the South Asia Network said that patent holders should be CBDT.’’
on Dams, Rivers and People, an assured that it should not be a
NGO, said these being run-of-the- routine thing, the official said. 14. The Minister said he was
river projects, there may not be any confident about resolution of the
change in the annual flows of the 6. “The Minister informed him that dispute soon because “for the first
river, but the flow patterns may India is a responsible state and it time, Vodafone has offered to
change and concern about flooding will not do anything which will engage the government in a
and erosion could not be hamper innovation in the pharma discussion to find a solution rather
overlooked. sector,” the official added. than persist with its Notice of
7. As per the WTO agreement, a CL Arbitration.’’
4. The Hindu reported on Tuesday
that the Chinese State Council had can be invoked by a national 15. The Indian government is
approved the construction of three government, allowing someone working towards a solution based
new dams on the Brahmaputra else to produce a patented product on recommendations of the Shome
under a new energy development or process without the consent of panel, which suggested that either
plan for 2015. the patent owner in public interest. the government should withdraw
Drug price the retrospective tax amendment or
5. In India, the National waive the penalty in case it had to
Hydroelectric Power Corporation is 8. Natco was allowed to sell the recover the taxes.
constructing the Upper Siang drug at a price not exceeding
Hydroelectric Project on the Siang Rs.8,880 for a pack of 120 tablets 16. Withdraw spectrum guidelines
tributary of the Brahmaputra in required for a month’s treatment as 17. Meanwhile, Vodafone India has
Arunachal Pradesh and the 2000 compared to a whopping Rs.2.80 sought withdrawal of the recently
MW Lower Subansiri project on lakh charged by Bayer for its issued guidelines for the second
Subansiri, another tributary of the patented Nexavar drug. round of spectrum auction, terming
CURRENT AFFAIRS
CLASS NOTES: 22 Jan -28 Jan, 2013
(Compiled from 11 Newspapers & 7 Magazines)
CURRENT AFFAIRS
CLASS NOTES: 15 Jan -21 Jan, 2013
(Compiled from 11 Newspapers & 7 Magazines)
CURRENT AFFAIRS
CLASS NOTES: 7 Jan -14 Jan, 2013
(Compiled from 11 Newspapers & 7 Magazines)
CURRENT AFFAIRS
CLASS NOTES: 1 Jan -7 Jan, 2013
(Compiled from 11 Newspapers & 7 Magazines)
Dear Student,
Starting this week we are offering you , notes on all important Current Issues which are
relavent for the IAS exam. This is a compilation of notes based on news items appered in 11
national English Newspapers, 7 magazines and some important websites.
Once you finish reading this notes, you may attempt an online test based on this notes. This
helps you assess, how much you have grasped from this material.
Online test is available free of cost at www.JTSinstitute.com.
So, now onwards you can update and evaluate your knowledge on current affairs, every
week, that too absolutely free of cost.
All the best
Academic Director
JTS Institute
Note: 1. You may take print out of this material on A4 size sheets
2. Once you finish studying this material attempt an online test at www.JTSinstitute.com.
There is an online test based exclusively on this material (Jan 1-7)
3. All the questions in the online test have been designed according to the UPSC Prelims
Pattern.