05 November 2015 Current Affairs

T-Hub inaugurated in IIIT-Hyderabad

Governor of AP and Telangana ESL Narasimhan and Tata Sons Chairman Emeritus Ratan Tata on 5 November 2015 inaugurated the first phase of Technology Hub (T-Hub). T-Hub is a technology incubation centre and is located at the International Institute for Information Technology (IIIT-Hyderabad) in Gachibowli on the outskirts of Hyderabad. It is the country’s largest such facility for start-ups and entrepreneurship.

Empowered Committee to approve schemes under Nirbhaya Fund

The Union Government on 4 November 2015 constituted an Empowered Committee to approve schemes proposed under the Nirbhaya Fund. The Secretary of the Women and Child Development Ministry will be the chairperson of the committee. The Committee comprises officials from various ministries, including Women and Child Development, Home Affairs, Road Transport and Railways. The Empowered Committee of Officers will take decision on the sanction of schemes/projects from Nirbhaya Fund within 15 days of the date of receipt of the proposal by the Ministry of Women & Child Development.

President Pranab Mukherjee launched research project Imprint India

President Pranab Mukherjee on 5 November 2015 launched Imprint India, a joint initiatives of country’s top educational institutions , aimed at developing a roadmap for research to solve major engineering and technology challenges. Imprint India is a 1000 crore rupees project.

PM Narendra Modi launched three gold related schemes

Prime Minister Narendra Modi on 5 November 2015 launched three gold related schemes. The schemes are – Gold Monetization Scheme, Sovereign Gold Bond Scheme and Indian Gold Coins. The three schemes were announced by the Union Finance Minister Arun Jaitley in his 2015-16 budget. The primary purpose of the schemes is to reduce dependence on imported gold, recycle the unutilized gold in the country and most importantly, streamline the gold business in the country. At present, India is the largest consumer of gold in the world.

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