Telangana Current Affairs 9-11th March 2015
TSPSC: Telangana Current Affairs 2015
Telangana Assembly to introduce 6 Bills in the Budget Sessions
The Telangana government is likely to introduce four bills to replace ordinances and two other new bills during the budget session of legislature. The Bills that are to replace ordinances are
1. User rights for Telangana drinking Water Project
2. Establishment of Police commissionerate in Warangal
3. Reconstitution of Market Committees and
4. Appointment, salaries and allowances of Parliamentary Secretaries.
The government would introduce the straight away the bills like
5. To name Horticulture University after Freedom Fighter Konda Lakshman Bapuji
6. Bifurcation of Police Housing Corporation.
All England Open Badminton Championship 2015
Saina Nehwal fell short to win to become the First Indian to win England open, Saina lost to Spain’s Carolina Marin 21-16,14-21 and 7-21 in the finals.
Solar Impulse – World’s First Solar Flight
The Swiss aircraft Solar impulse 2 (Si2), the world’s first solar flight circumventing the globe without a drop of fuel landed in Ahmedabad with a call for clean energy.
Monetary Policy Committee, RBI and the Government
The central government and the RBI formally adopted to agree inflation targeting as a guiding star for monetary policy. They both supported to setting up of a Monetary Policy Committee (MPC), which will take key decisions such as interest rate changes.
RBI Panel’s key proposals:
5 Member Committee- Each member has one vote, No veto for Chairman.
Example of MPCs Worldwide
BRAZIL: Central Bank of Brazil
8 Member panel – Governor, Seven deputy governors, The governor holds deciding vote if the committee is evenly split, If the target is missed the governor writes an open letter to the Finance Minister, citing reasons as well as remedial measures to reach inflation aim.
(Source: The Hindu , Namasthe Telangana and Wikipedia)