15 November 2013 Current Affairs
Government Announces Provision For Higher Sugar Export
Government has on 15 November announced a provision for higher sugar export with domestic production becoming surplus.The condition of export of sugar has been relaxed by doubling the limit of the overseas shipment that sellers can register.The export of sugar has been doubled to 50000 tonnes from 25000 tonnes per application for registration was announced by the Directorate General of Foreign Trade.The sugar production of India is projected at 25 million tonnes in 2013-14, which is two million tonnes more than the domestic demand.
Lord Swraj Paul Honoured with International Indian of the Decade Award
Lord Swraj Paul, a leading NRI industrialist and educationist was presented with the International Indian of the Decade award on 15 November. He was presented the award for his outstanding achievements in the fields of industry, education and philanthropy.Lord Swraj Paul is the founder of the UK-based steel and engineering multinational company Caparo, which at present employs about 10000 people worldwide from UK, USA and India.He was made the Life Peer is a member of the House of Lords in 1996 and donated 1 million pounds to prevent the London Zoo closure in 1994.