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 Supreme Court gives last chance to Karnataka

to release Cauvery water

The Supreme Court gave Karnataka a last chance

to release 6000 cusecs of Cauvery water to Tamil
Nadu.
The Centre to set up the Cauvery Water
Management Board by October 4.
Invoking its limitless powers under Article 144 of
the Indian Constitution to enforce its orders,
warned Karnataka in its order that it was “bound
to obey the orders of the Supreme Court”.
Karnataka Chief Minister Siddaramiah on
September 29, saying that Karnataka stands by its
September 23 resolution to not share Cauvery
water as it was the “will of its people”.
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Attorney-General Mukul Rohatgi, who had taken

the initiative for talks between the two States.

About Kaveri

Kaveri or Cauvery flows in Karnataka and Tamil

Nadu but 3% basin in Kerala, 41% in Karnataka
and 56% in Tamil Nadu.
It rises from the Brahmagir range of Western
Ghats.
The river covers a distance of about 765 km and
flows through the state of Karnataka and Tamil
Nadu.
On its journey to the Bay of Bengal, the river is
joined by its tributaries, which include Kabini,
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Shimsa, , Lokapavani, Bhavani, Lakshmana

Theertha, Hemavathi, Herangi and Amaravati.

The Supreme Court of India

The Supreme Court of
India is the highest
judicial forum and final
court of appeal under
the Constitution of India,
the highest
constitutional court, with
the power of constitutional review.
It comprises the Chief Justice of India and 30
other judges. It
has original, appellate and advisory jurisdictions.
The Supreme Court of India came into being on 28
January 1950.
Hon'ble Mr. Justice T.S. Thakur
CHIEF JUSTICE OF INDIA
Appointed as The Chief Justice of India
on 03.12.2015.
Due to retire on 4th January, 2017
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Mrs. Justice R. Banumathi

Term of Office: (DoA) 13.08.2014 (F.N.) to (DoR) 19.07.2020
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2016 BRICS Labour & Employment Ministerial Meet held in New

Delhi

BRICS
BRAZIL, RUSSIA, INDIA, CHINA & SOUTH AFRICA

BRICS brings together five major emerging

economies, comprising 43% of the world population,
having 30% of the world GDP and 17% share in the
world trade.
The 1st BRIC Summit was held in Yekaterinburg,
Russia, on 16 June 2009.
It was agreed to expand BRIC into BRICS with the
inclusion of South Africa at the BRIC Foreign
Ministers’ meeting in New York in September 2010.
Accordingly, South Africa attended the 3rd BRICS
Summit in Sanya, China on 14 April 2011.
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India will host the 8th BRICS Summit during its

Chairmanship which is scheduled to take place on
15-16 October 2016 in Goa.
The theme of India’s BRICS
Building Responsive, Inclusive
and Collective Solutions.

During Indias BRICS Chairmanship, we will adopt

five-pronged approach:
 (i) Institution building
 (ii) Implementation
 (iii) Integrating
 (iv) Innovation,
 (v) Continuity

In short, the Indian approach towards its BRICS

Chairmanship could be captured by ‘IIIIC or I4C’.
New Development Bank
The New Development Bank (NDB), formerly
referred to as the BRICS Development Bank, is
a multilateral development bankestablished by
the BRICS states.
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The initial authorized capital of the bank is $100

bln.
The bank is headquartered in Shanghai, China.
On 15 July 2014, the first day of the 6th BRICS
summit held in Fortaleza, Brazil, the BRICS states
signed the Agreement on the New Development
Bank, which makes provisions for the legal basis
of the bank.
On 11 May 2015, K. V. Kamath was appointed as
the President of the bank.

Basics compared: IMF, World Bank, BRICS

Data IMF World Bank BRICS Bank

By w
hich
Bretton Woods, USA 6th BRICS summit at Fortaleza, Brazil
summ
it?

Year 1944 2014, July. Although ops may by 2016.

HQ Washington Shanghai, China.

memb 188 (IBRD);

188 only five
ers 172 (IDA)
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Differs
according to
voting Different voting powers
shareholding All five members have equal voting power.
power based on Quota system.
and other
criteria

comp
IBRD, IDA,
onent — —
IFC and MIGA
s

 Poverty
reduction
to 3% by
2030.
 Loans to solve Balance of  Soft loans loans for infrastructure and
Payment (BoP) crisis. for
Purpo  technical assistance in developme sustainable development projects
se policy making nt projects.
 surveillance over  Promoting helping country in
International economy foreign
investment balance of payment (BoP) crisis
and
internation
al trade.

Indian women’s kabaddi team wins gold

medal in Asian Beach
Games
Indian women’s beach
kabaddi team has won the
gold medal at the 5th Asian
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Beach Games held in Danang, Vietnam.

In the final match, Indian team defeated Thailand
by 41-31 score. With this, Indian women’s kabaddi
team has won the title for the record fifth time in
succession.
The Asian Beach Games (ABG) is a multi-sport
event to be held every two years among athletes
representing countries from Asia. The games are
regulated by the Olympic Council of Asia. The first
games was held in 2008 in Bali, Indonesia.

Union Cabinet approves ratification of

the Paris Agreement
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The Union Cabinet has given its approval to ratify

the Paris Agreement (on Climate Change) on
Gandhi Jayanti i.e. on 2nd October 2016. The
Paris Agreement was adopted by 185 nations in
December 2015.
India had signed the agreement in New York in
April 2016.
So far, 191 countries have signed the agreement.

The Paris treaty on Climate Change will come into

force when 55 countries contributing to 55 % of
total global emission ratify the agreement.
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So far, 61 countries have deposited their

instruments of ratification, approval or acceptance
accounting in total for 47.79% of the total global
greenhouse gas (GHG) emissions.

India’s decision to ratify the agreement will take

the number of cumulative level of emission of
countries that have ratified the agreement so far to
51.89%.

Paris Agreement gives thrust to the global actions

to address climate change and pertains to post-
2020 climate actions. In the pre-2020 period,
developed countries are to act as per Kyoto
Protocol
CCEA approves implementation of
Project SAKSHAM for CBEC’s GST
integration

The Cabinet Committee

on Economic Affairs
(CCEA) under the
chairmanship of Prime
Minister Narendra Modi
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has approved ‘Project SAKSHAM’.

The Project SAKSHAM is a New Indirect Tax
Network (Systems Integration) of the Central
Board of Excise and Customs (CBEC).
It seeks to bolster the information technology
network for the new Goods and Services Tax
(GST) regime that the Union Government intends
to roll out from 1st April 2017.

India ranks 39th in 2016-17 Global

Competitiveness Index
The index was released as part of the World
Economic Forum’s (WEF).
Top 5 Countries: Switzerland (1st), Singapore
(2nd), United States (3rd), Netherlands (4th) and
Germany (5th).

India related facts: In the 2016-17 edition of GCI,

India has jumped 16 places compared to 55th
position in 2015-16 GCI.
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Jim Yong Kim re-appointed as

President of World Bank for second
term
Jim Yong Kim has been
re-appointed as
President of World Bank
for a second five-year
term beginning 1 July
2017.
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He is the 12th President of the World Bank and for

first time was appointed in 2012.

About World Bank

The World Bank is an international financial
institution that provides loans to developing
countries for capital programs.
The World Bank is one of the five components of
the World Bank Group, which is part of the United
Nations system.
It comprises two institutions: the International
Bank for Reconstruction and Development
(IBRD), and the International Development
Association (IDA).
Formation: July 1944.
Headquarters: Washington DC, United States.
Motto: Working for a World Free of Poverty.
Membership: 189 countries (IBRD), 173 countries
(IDA).

IGI becomes Asia-Pacific’s first

carbon neutral airport
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The airport boasts green buildings, rainwater

harvesting system, solar power plants etc., which
have helped it reduce and offset its carbon
emissions.

The IGI airport is managed by private operator

Delhi International Airport Ltd (DIAL), a joint
venture between the Airports Authority of India
(AAI) and GMR Group-led consortium.

Union Government decides to

suspend talks on Indus Waters
Treaty
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IWT is a water-distribution treaty between India

and Pakistan. It brokered by the World Bank (then
the International Bank for Reconstruction and
Development).
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The treaty deals with sharing of water of six

rivers — Beas, Ravi, Sutlej, Indus, Chenab and
Jhelum between the two countries.
It was signed by then Prime Minister Jawaharlal
Nehru and President of Pakistan Ayub Khan in
Karachi on September 19, 1960.
As per treaty, control over three eastern rivers —
Ravi, Beas and Sutlej was given to India. While
control over three western rivers — Indus, Jhelum
and Chenab was given to Pakistan.
It allows India to use only 20% of the water of
Indus river, which flows through it first, for
irrigation, power generation and transport.
India wins historic 500th Test against
New Zealand
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India has won the test match against New Zealand

by 197-runs in their historic 500th cricket Test in
Kanpur.
India is the 4th country to play 500 Tests in a
format which has 10 participants. Others are
England (played 976 test matches), Australia
(791) and West Indies (517).
The first ever Test match was played by India in
England on June 25, 1932 under Douglas Jardine.
CK Nayudu was the captain of the Indian team.

CSIR celebrates its platinum jubilee

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India’s largest civilian

research and
development agency
Council of
Scientific and
Industrial Research
(CSIR) celebrated its
platinum jubilee.
CSIR is an
autonomous body
and the largest
research and development (R&D) organisation in
India.
It became operational on 26 September 1942. It
operates as an autonomous body registered under
the Registration of Societies Act of 1860.
It is mainly funded by the Union Ministry of
Science and Technology.
CSIR’s R&D activities include aerospace
engineering, ocean sciences, structural
engineering, metallurgy, life sciences, chemicals,
mining, food, petroleum, leather, and environment.

First Russia-Pakistan military

exercise Druzhba-2016 begins.
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National waterways project threatens

Gangetic dolphins-
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River dolphins are found in Ganga and

Brahmaputra and its tributaries.
It has been declared endangered species and is
protected under Schedule I of the Wildlife
Protection Act, 1972.
This fresh water dolphin species are practically
blind. They rely on bio-sonar method to move
around and catch their prey. It is the National
Aquatic Animal of India.
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India, France ink deal for 36 Rafale fighter jets

India and France has signed an Inter-

Governmental Agreement for the purchase of 36
Rafale fighter jets at a cost of 7.87 billion Euros.
This is the first fighter aircraft deal signed by India
with other country since the purchase of Sukhoi
aircrafts from Russia in the late 1990’s.