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Daily News Digest:20 March 2019

14th CII-EXIM Bank Conclave on India-Africa Project Partnerships Concludes in New Delhi

The 14th CII-EXIM Bank Conclave on India-Africa Project Partnerships concluded in New Delhi on 20 March 2019. The three-day conclave was organised by the Ministry of Commerce in association with Confederation of Indian Industry and EXIM Bank of India.

IBBI, SEBI sign MoU for better implementation of IBC

The Insolvency and Bankruptcy Board of India (IBBI) signed a memorandum of understanding (MoU) on Tuesday with the Securities and Exchange Board of India (SEBI) for effective implementation of the new bankruptcy law. There will be periodic meetings between the two to discuss matters of mutual interest, including regulatory requirements, enforcement cases, research, data analysis, information technology and data sharing.

Indo-Sri Lanka joint Exercise Mitra shakti-VI

The armies of India and Sri Lanka will hold a two-week military drill beginning March 26 in the island nation with an aim to deepen anti-terror cooperation. 'Mitra Shakti VI' exercise will involve tactical level operations to effectively deal with the challenge of terrorism as well as transnational crimes.

Steel Ministry organizes Vigilance Conclave

Ministry of Steel organized a two-day Vigilance Conclave in New Delhi which concluded on 19 March 2019. The Conclave was aimed at sensitizing the officials of Steel PSUs on the basic principles and procedures to be followed while taking important administrative and commercial decisions relating to various functions including procurements, contracts, personnel and finance.

Sary-Arka-Antiterror 2019- SCO joint anti- terrorism exercise

The decision to hold Sary-Arka-Antiterror 2019, the first joint military exercise of Shanghai Cooperation Organization was announced during the 34th meeting of RATS Council meeting held in Tashkent, Uzbekistan. The meeting also announced the holding of the first joint border operation Solidarity 2019-2021.

Govt.’s prerogative to frame schemes: SC

It is the sole prerogative of the government to frame schemes and courts should stay out of governance, the Supreme Court has said in a judgment. A Bench led by Justice A.M. Sapre criticised the Uttarakhand High Court for framing a scheme to regularize hundreds of casual workers engaged by the Border Roads Organisation (BRO) in the construction of roads for Char Dham Yatra pilgrimage.

Japan’s Hayabusa2 spacecraft

An unmanned Japanese spacecraft Hayabusa 2 orbiting an asteroid has made surprising discoveries that scientists say will improve understanding about the origins of the Earth's water and help search for life in other solar systems. Hayabusa2 made history on 22 February when it successfully touched down on the boulder-strewn asteroid and collected some surface fragments.

International Workshop on Disaster Resilient Infrastructure (IWDRI)

An International Workshop on Disaster Resilient Infrastructure (IWDRI) is being organised in Delhi by the National Disaster Management Authority (NDMA) in collaboration with United Nations Office for Disaster Risk Reduction (UNISDR), and in partnership with the Global Commission on Adaptation, United Nations Development Programme and the World Bank.

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