01 May 2016 Current Affairs

India – New Zealand Signed Air Services Agreement

India and New Zealand have signed a landmark Air Services Agreement paving the way for introduction of direct flights between the two countries. The agreement was on 1 May signed in the presence of the President Pranab Mukherjee and the New Zealand Prime Minister John Key. The agreement was signed under the Convention of International Civil Aviation opened for signature at Chicago on 7 December 1944. It was opened with an aim to promote international air services between their respective territories.


Real Estate (Regulation and Development) Act, 2016 Comes Into force

Real Estate (Regulation and Development) Act, 2016 came into force on 1 May 2016. In this regard, Union Ministry of Housing and Urban Poverty Alleviation (HUPA) had notified 69 of the total 92 sections of the Act to bring it into force from 1 May 2016. The much awaited and widely acclaimed Act sets up in motion the process of making necessary operational rules and creation of institutional infrastructure for protecting the interests of consumers. It also promotes the growth of real estate sector in an environment of trust, confidence, credible transactions and efficient and time bound execution of projects. A proposal for a law for Real Estate was first mooted at the National Conference of Housing Ministers of States and Union Territories in January 2009.


Prime Minister Launched Pradhan Mantri Ujjwala Yojana

“Prime Minister Narendra Modi on 1 May launched the Pradhan Mantri Ujjwala Yojana (PMUY) at Ballia, Uttar Pradesh. It will benefit the poor, especially the women. The scheme aims to provide cooking gas connections to five crore below-poverty-line beneficiaries over the next three years. Under PMUY, each of the beneficiaries will receive monetary support of about 1,600 rupees to get a connection of cooking gas. It includes administrative cost, pressure regulator booklet and safety hose The scheme seeks to empower women and protect their health by shifting them from traditional cooking based on unclean cooking fuels or on fossil fuels to clean cooking gas. It is being implemented by Union Ministry of Petroleum and Natural Gas. It is for the first time this ministry is implementing a welfare scheme. The identification of eligible BPL families will be made in consultation with the State Governments and the Union Territories.”


International Labour Day

International Labour Day was celebrated on 1 May 2016. This is also known as International Worker’s Day and May Day. The theme of the Day of 2016 is Celebrating the international labour movement. The theme assumes further significance with economic relationships undergoing rapid change in the emerging global economic order. Giving due importance to the significance of the day about 80 countries across the world declared it as national holiday. The International Labour Day is being celebrated to promote the requirement of eight-hour work day. In earlier times, the working conditions of the labourers were very severe and working hours lasted 10 to 16 hour a day even in the unsafe conditions which resulted in death, injuries of workers. In 1886, workers in Chicago (US) started demanding that the working period of eight hours a week and have one day off and also raised their voice for the safety of the working group. After the workers struggle, eight-hours was declared as the legal time for the workers in the national convention at Chicago by the American Federation of Labour in 1886. In 1889, the second meeting of the General Assembly of the International Worker held in Paris passed a resolution that 1st May should be celebrated as International Workers ‘ Day. In India, this day is celebrated as a national holiday since 1923.


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