Tuesday 24 September 2013

Today's GK(24-9-13)



Cambodia Parliament Approved New Five Year Term for Hun Sen as Prime Minister

The Cambodia's Parliament on 24 September 2013 approved a new five-year term for long-serving Prime Minister Hun Sen, despite a boycott by the opposition over disputed elections. Hun Sen, in power since 1985.
Hun Sen's reappointment comes despite weeks of protests over alleged widespread cheating in the July 2013 polls.

The opposition Cambodia National Rescue Party (CNRP), headed by Sam Rainsy, has accused Hun Sen's ruling Cambodian People's Party (CPP) of widespread election fraud.

Official election results show the CPP won 68 seats - a greatly reduced majority - while the opposition garnered 55 seats. The government has so far rejected the opposition's demand for an independent inquiry.

About Hun Sen and His political career

Born into a peasant family in 1952, Hun Sen was educated by Buddhist monks in Phnom Penh.

In the late 1960s, he joined the Communist Party, and for a while he was even a member of the Khmer Rouge.

During Pol Pot's tyrannical regime in the late 1970s, under which as many as two million people died, Hun Sen fled to Vietnam to join troops opposed to the Khmer Rouge.

When Vietnam installed a new government in Cambodia in 1979, he returned as minister of foreign affairs, becoming prime minister in 1985 at the age of 33.

Hun Sen lost the 1993 elections, but he refused to accept the results and forced a negotiation to become second prime minister alongside the Funcinpec Party's Prince Norodom Ranariddh.

Hun Sen was re-elected prime minister by parliament in July 2004.

IICA Signed MoU with BSE for Development of India’s First CSR Index

Indian Institution of Corporate Affairs (IICA) signed an MoU with Bombay Stock Exchange Ltd. in Mumbai on 23 September 2013 in order to work collaboratively for development of a Corporate Social Responsibility (CSR) index.

Apart from CSR index, the MoU was also signed for taking up capacity building on CSR, conduct education and awareness programmes, and other activities to facilitate a more effective corporate participation in CSR areas. CSR index will play a crucial role, and shall be done in context with the new Companies Act, 2013. BSE through this partnership with IICA shall work on CSR Index which will be driver for CSR practices for the Indian Corporate world and an ideal option for investors to put their money for responsible investment.

This MOU will be a major landmark to get a better insight into the domain of CSR. One of the initiatives under the MoU, the CSR index, is a noble idea and will be put into action after consultations with the leading experts in that field. The CSR index would seek to promote investor participation, consumer interest and socio economic benefits to the disadvantaged communities by generating awareness and accountability in CSR spending.

About Indian Institution of Corporate Affairs (IICA)

Indian Institution of Corporate Affairs (IICA) was established by Ministry of Corporate Affairs (MCA), Government of India to act as think-tank and centre of excellence to support the growth of the corporate sector in India through an integrated and multi-disciplinary approach.

As per the new Companies Act, 2013 it is mandatory for eligible companies to spend 2 percent of their profits on CSR activities.

Bunker Roy and Malala Yousafzai Selected for Clinton Global Citizens Awards

Justice Vangala Eswaraiah Appointed as The Chairperson of NCBC

Chinese Paddler Liu Shiwen won 2013 Women's Table Tennis World Cup

Alvaro Mutis Jaramillo, Colombian Writer Died at 90

The Waqf (Amendment) Bill, 2013 Received The Assent of the President of India

The Waqf (Amendment) Bill, 2013 received the assent of the President of India, Pranab Mukherjee on 23 September 2013.

Highlights of The Waqf (Amendment) Bill

• The Bill amended the Waqf Act, 1995.  It strengthened the Waqf Council powers, currently an advisory body at the central level. It can to issue directions to waqf boards, who administer waqfs in each state.
• The Bill also changed   the composition of Waqf boards.  It also established the procedure for removal of a chairperson of a waqf board.
• Those states which have not yet established a waqf board must do so within one year.  Further, state-funded surveys of waqf properties must be carried out.
• The Bill restricted the kinds of powers that can be delegated by a waqf board to the chairperson or any other individual, including the Chief Executive Officer of the Board.
• Under the Bill, the sale, gift, or total transfer of a waqf property will be treated as invalid.  The Bill extends the maximum period of lease or mortgage of such properties, while establishing a more restrictive procedure by which leases or mortgages are approved by waqf boards.
• The Bill provided for imprisonment for those who occupy waqf property without authorisation.
• The Bill restricted the circumstances under which state governments can issue directions to waqf boards.  Boards cannot be superseded unless there is prima facie evidence of financial irregularity.

Lawmaking Procedure in India


The legislative proposals are brought before either the Lok Sabha or the Rajya Sabha in the form of a bill. The bill is actually a draft of the legislative proposal. After being passed by both the Houses of the Parliament, the Bill is sent to the President of India for assent. After receiving the assent from the President of India, a bill becomes an Act of the Parliament.

First Hawk Mk-132 Advanced Jet Trainer Aircraft Delivered to Indian Navy

Hindustan Aeronautics Limited on 23 September 2013 delivered the first Hawk Mk-132 advanced jet trainer aircraft to the Indian Navy in Bangalore.

India’s state-owned Hindustan Aeronautics Limited (HAL) produced the trainer under a license from BAE Systems of UK. HAL plans to deliver a total of 17 of the naval variants over the next three years.

The Navy will get a total of 17 Hawk Mk-132s out of the 57 additional aircraft that were ordered from UK vendor BAE Systems in 2010.

The Hawk is a dual-seat multi-purpose aircraft powered by a single Rolls-Royce Adour Mk.871 engine. It is primarily used for basic, advanced and weapons training, but can also be adapted as a ground attack or air defense platform.

India has ordered a total of 123 Hawk advanced jet trainers, of which 70 have been delivered to the Indian Air Force.

After receiving the aircraft, India became the third naval operator of the Hawk along with the US Navy and the Royal Navy (British Navy).

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