RBI issued Uniform Guidelines on Internet Banking for Cooperative Banks

06-NOV-2015

Author :jitesh
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A+AWho: Uniform Guidelines on Internet Banking for Cooperative Banks

What: Issued by RBI
When: 5 November 2015
Reserve Bank of India (RBI) on 5 November 2015 issued revised and uniform guidelines on Internet Banking for all licensed cooperative banks including Urban
Cooperative

Banks

(UCBs),

Cooperative

Banks

(StCBs)

and

Districts

Co-operative

Banks

(DCBs).

These guidelines relate to Internet Banking (View Only) facility and Internet Banking with Transaction facility.

Revised guidelines for Internet Banking (View Only) facility

All licensed StCBs, DCCBs and UCBs which have implemented Core Banking Solution (CBS) and migrated to Internet Protocol Version 6 (IPv6) may offer
Internet Banking (View only) facility to their customers, without prior approval of RBI.
In case, any service offered under view only facility requires two-factor authentication or One Time Password (OTP), banks may adopt the security features
related to internet banking as prescribed by RBI, as appropriate to such services.
The cooperative banks offering this facility to their customers should ensure that the facility is strictly for non-transactional services such as balance enquiry and
balance viewing among others.
The cooperative banks have to report commencement of the service to the concerned Regional Office of RBI (and also NABARD in case of StCBs/DCCBs) within
one month of operationalisation of this facility.
Earlier in 2014, only Urban Cooperative Banks (UCBs) were permitted to offer this facility to their customers.
Revised guidelines for Internet Banking with Transaction facility
Only those licensed StCBs, DCCBs and UCBs, which have implemented CBS and have also migrated to IPv6 can offer this facility to their customers with prior
approval of RBI if they fulfill the following criteria:
Credit to Risk Adequacy Ratio (CRAR) of not less than 10 per cent
Net worth is 50 crore rupees or more as on 31 March of the immediate preceding financial year
Gross Non-Performing Assets (NPAs) less than 7 % and Net NPAs not more than 3%
The bank should have made a net profit in the immediate preceding financial year and overall, should have made net profit at least in three out of the preceding
four financial years.
It should not have defaulted in maintenance of Cash Reserve Ratio (CRR)/Statutory Liquidity Ratio (SLR) during the immediate preceding financial year.
It has sound internal control system with at least two professional directors on the Board.
The bank has a track record of regulatory compliance and no monetary penalty has been imposed on the bank for violation of RBI directives/guidelines during the
two financial years, preceding the year in which the application is made.
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UN@70: Achievements, Relevance & Needed Reforms

06-NOV-2015

Author :Shravan
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United Nations celebrated 70 years of its establishment on 24 October 2015. To mark this historic occasion, a special Annual General Assembly was held at its
headquarters in New York to give its nod to the Sustainable Development Agenda 2030. The agenda is a logical extension of Millennium Development Goals
(MDGs) that guided the global policy dialogue for the past 15 years.
Formation
The UN was formed on 24 October 1945 at an historic juncture when the world was deeply shrouded by destruction of World War II and anxieties about recurring
use of nuclear bombs against the backdrop of Hiroshima and Nagasaki incidents.
UN is the successor to the ineffective League of Nations that was formed in the World War interregnum in 1920.
The purpose of its establishment is to achieve twin objectives-To maintain international peace and security and achieve international co-operation in solving
international problems of an economic, social, cultural, or humanitarian character.
Achievements
Pre-Cold War era
In the initial decades of its formation, it lived up to its expectations by not allowing regional tensions to grow into World War III. The way it handled the situation
with such magnanimity during the Suez Canal crisis (1956), process of decolonization in Asia and Africa are no mean achievements for an infant organsiation.
Cold-War era
It was the maturing phase of the UN. During this period, its primary task was dealing with cold-war era politics between the USA and the USSR and not letting
them into hot war. In peacefully dissipating the Cuban missile crisis of 1962 was the biggest achievement of the period.

Post-Cold War era

In 1990s, at the juncture of UN completing 50 years of its foundation it faced a new reality in the form of disintegration of the USSR and emergence of the USA
as the sole global super power.
The primary achievement during this period was not to swept away by the temptation of siding with the USA and making the organisation relevant for the poor and
marginalized nations.
In Recent years
Encouraging major countries of the world to form special groupings to deal with problems and achieve cooperation. Few of them are- G20 (to deal with financial
crisis), UNFCC (climate change) and WTO (trade)
Rehabilitated millions of refugees from Syria in neighbouring countries like Turkey, Lebanon and Jordan
Deploying peacekeeping and peace building missions to resolve the conflicts in Africa
Above all, its role in enlargement of the concept of development, promotion of human rights, leveraging the potential of civil society for the cause of development
of the society and empowerment of marginalized sections are praise worthy.
Despite the fact that the UN tried hard to live up to its mandate, it attracted criticism from various quarters as it was not able to contain US war in Iraq and growing
inequalities in the income levels.
Especially, the failure of the UN in finding solution to decade oldPalestine problem has attracted wide criticism.

Relevance
The UN is still relevant, since,
The world is still under constant nuclear threat.
Ever increasing ethnic, religious and regional conflicts in Africa
Around one third of global population is poor who need concerted development action from the global multilateral agencies
Persistent inequalities in wealth distribution and the need for achieving balanced and sustainable development of all the regions
Growing threats of terrorism (ISIS, Al Qaeda, etc) from non-state actors needs coordinated efforts among states
Finally, no one country can solve all the problems in the interconnected world and the UN is still the right organisation to achieve global security
Reforms

To effectively equip itself to face modern day challenges, the UN has to undertake organizational reforms such as,
Expansion of the permanent and non-permanent membership of the UN Security Council on a priority basis as the present structure still reflects the realities of
1940s.
Giving more voice to the developed and developing countries in the decision making of the specialized (FAO, UNESCO, WHO, etc) and subsidiary agencies
(peacekeeping missions).
Conclusion
In its long journey of 70 years, the United Nations transformed itself into a global institution from a mere organisation. It truly fulfilled its role as a global policy
agency and an arbitrator in solving international disputes.
Last but not the least; it could successfully establish faith among international community in the relevance of diplomacy in conflict resolution by replacing coercion
and aggression.

Union Government issued notification for implementation of OROP

09-NOV-2015

Author :Shravan
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A+AWho: Notification for implementation of OROP

What: Issued by the Union Government
When: 7 November 2015
Why: To bring uniformity among pensions of Defence personnel
Union Government on 7 November 2015 issued the notification regarding implementation of One Rank One Pension (OROP) in respect of Defence Forces
personnel.
The notification is in tune with the modalities for implementation announced on 5 September 2015.
Features of OROP scheme
Pension will be re-fixed for all pensioners retiring in the same rank and with the same length of service as the average of minimum and maximum
pension in 2013.
The benefit will be given with effect from 1 July 2014 to the ex-service men of all the three forces.
Those drawing pensions above the average will be protected.
In future, the pension would be re-fixed every 5 years.

Arrears will be paid in four half-yearly instalments.

All widows, including war widows, will be paid arrears in one instalment.
Personnel who voluntarily retire will not be covered under the scheme.
The estimated cost to the exchequer would be 8000 to 10000 crore at present, and will increase further in future.
What is OROP?
In simple terms, OROP implies that uniform pension be paid to the armed forces personnel retiring in the same rank with the same length of service,
regardless of their date of retirement.
At present, ex-servicemen receive differential pensions as it is calculated on the basis of their salary at the time of their retirement.
Differential payments occur as the salaries of personnel are frequently revised on the basis of pay commissions recommendations.
For example, personnel who retired in 1990 receive fewer pensions compared to their juniors who retired in 2006 though they retired at the same rank
with same length of service.

Who: Monetary benefits for former Cricketers

What: Announced by Board of Control for Cricket in India (BCCI)

When: 8 November 2015

BCCI (Board of Control for Cricket in India) on 8 November 2015 announced monetary benefits for former cricketers, both domestic and international,
including monthly and one-time payments. The announcement was made a day before the Annual General Body Meeting of the Board in Mumbai.
The Board also announced the match fees for the umpires officiating in both domestic and international games.

Monetary benefits as per payment of monthly gratis announced by BCCI

International Cricketer
All Test cricketers who retired before 31 December 1993 and have played more than 25 matches will get 50000 rupees per month.
All Test cricketers who retired before 31 December, 1993 and have played less than 25 matches will get 37500 rupees per month
All Test cricketers who retired on or after 1 January 1994 will get 22500 rupees per month.
Widows of Test cricketers and Test Umpires will continue to get the same amount of gratis for their lifetime.
All cricketers who have represented India in One-Day International will get 15000 rupees.
First Class Cricketer
All Ranji Trophy cricketers who have played at least 10 matches before 1957-58 season will get 15000 rupees per month.
All first class cricketers who have played 25 to 49 matches up to the end of 2003-04 season will get 15000 rupees per month.
All first class cricketers who have played 50 to 74 matches and 75 and above matches up to end of 2003-04 season will get 22500 rupees and 30000
rupees respectively.
Women Cricketer
Women cricketers who have played 10 or more Tests will receive 22500 rupees per month (Working Committee 23 April 2008).
Women cricketers who have played 5 to 9 Tests will receive 15000 rupees per month.
Umpires
All retired Test umpires will get 22500 rupees per month.
All retired All India Panel Umpires who have officiated in ODIs as field Umpires will get 15000 rupees per month.
One Time Payment to International and First Class cricketers who retired up to the end of 2003-04 season:
Cricketers who have played more than 100 Test matches will receive 1.5 crore rupees.
Cricketers who have played between 75 & 99 Test matches will receive one crore rupees.
Cricketers who have played between 50 & 74 Test matches will receive 75 lakh rupees.
Cricketers who have played between 25 & 49 Test matches will receive 60 lakh rupees.
Cricketers who have played between 10 & 24 Test matches will receive 50 lakh rupees.
Cricketers who have played between 1 & 9 Test matches and who have played their last International match before 1970 will receive 35 lakh rupees.
Cricketers who have played between 100 and more first class matches will receive 30 lakh rupees.
Cricketers who have played between 75 & 99 first class matches will receive 25 lakh rupees.

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ion Government launched E-Pathshala, Saransh, Shaala Siddhi Portals

09-NOV-2015

Author :rupali
Top Picks : November 2015 Current Affairs, National | India, 2015 Current Affairs
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A+AWho: E-Pathshala, Saransh, Shaala Siddhi Portals

What: Launched by Union Government
When: 7 November 2015
The Union Human Resource Development Minister Smriti Irani on 7 November 2015 launched the e-Pathshala, Saaransh and National Programme on
School Standards and Evaluation Framework (Shala Siddhi) web portals/ mobile apps.

These portals were launched during the edNEXT, the National Conference on ICT in School Education that was held at New Delhi. During the Conference,
Shala Darpan, MDM-IVRS and Ekta project from Alwar, Rajasthan were also show-cased.
E-Pathshala web portal
E-Pathshala is a web portal which hosts educational resources for Students, Teachers, Parents, researchers and educators.
It contains textbooks and other e-books as E-Pub 3.0 and Flipbooks in English, Hindi and Urdu.
It is available through especially developed mobile app interface on Android, IOS and windows platforms for wider access.
Shaala Siddhi web portal
Shaala Siddhi web portal is a comprehensive instrument for school evaluation which enables the schools to evaluate their performance in more focused
and strategic manner.
The web-portal will help all schools to assess themselves and the results can be seen by all enabling them to provide feedback.
The initiative has already been successfully piloted in four districts of Tamil Nadu.
Saransh platform
Saransh is a tool which allows the schools to identify areas of improvement in students, teachers and curriculum to facilitate and implement change.
The platform is presently available for classes 9th to 12th and provides a comprehensive overview of standard 10th performance since 2007 and
standard 12th performance since 2009 till the current academic session.
Presently, results of CBSE are available on this portal/app.
The event also showcased other ICT initiatives including the IVR (Interactive Voice Response) system to monitor the daily implementation of Mid Day Meal
scheme and Shaala Darpan, an integrated platform to address all academic and administrative requirements of schools, teachers, parents and students.

India re-elected to UN Commission on International Trade Law

10-NOV-2015

Author :Shilpika
Top Picks : November 2015 Current Affairs, International | World, 2015 Current Affairs

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Who: India

What: Re-elected to UN Commission on International Trade Law

When: 9 November 2015

India on 9 November 2015 was re-elected by the General Assembly to a six year term on the United Nations Commission on International Trade Law
(UNCITRAL).

Apart from India, 22 other countries including the United States and Pakistan were also re-elected to the UNCITRAL.

The Monday election was the fifth election that India has won in 2015. The country also won the re-election to the UN Human Rights Council held in 2014.

In April 2015, the UN Economic and Social Committee (ECOSOC) elected India to the executive councils of UNICEF and the World Food Programme, the
governing council of the United Nations Human Settlements Programme (UN-Habitat) and the Commission on Crime Prevention and Criminal Justice.

About UNCITRAL

The United Nations General Assembly by its Resolution 2205 (XXI) of 17 December 1966 established the United Nations Commission on International
Trade Law (UNCITRAL) to promote the progressive harmonization and unification of international trade law.

The Commission is a legal body with universal membership specializing in commercial law reform worldwide for over 40 years. It carries out its work at
annual sessions held alternately in New York City and Vienna.

The Commission comprises of six working groups to perform the substantive preparatory work on topics within the Commission's programme of
work. The six working groups and their current topics are:

Working Group I - Micro, Small and Medium-sized Enterprises

Working Group II - Arbitration and Conciliation
Working Group III - Online Dispute Resolution
Working Group IV - Electronic Commerce
Working Group V - Insolvency Law
Working Group VI - Security Interests

India, UK announced commercial deals worth 9 billion pounds

14-NOV-2015

Author :Shravan Nune

Top Picks : November 2015 Current Affairs, International | World, 2015 Current Affairs

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Who: India & the UK

Where: London

What: Announced commercial deals worth 9 billion pounds

When: 12 November 2015

Why: To deepen economic engagement

India and the UK on 12 November 2015 announced commercial deals worth 9 billion pounds in London.

The deals took place between the companies operating from both the countries and were agreed upon during the Prime Minister Narendra Modis visit to
the UK.

Details of Commercial Deals

Creative and retail

Merlin Entertainments: It will open the first Madame Tussauds in the sub-continent. It will be set up in New Delhi in 2017. Further, it will invest up to
50 million pounds over 10 years to open more of companys iconic brands that include Discovery Centre and Sea Life Aquarium.
Apollo Hospitals: It partnered with Holland & Barrett Internationalto open 1000 Holland & Barrett outlets in India over the next 5 years. The first store
will open in New Delhi in January 2016 with 115 outlets open at the end of the year.
Genus ABS will invest 1 million pounds in India providing the latest dairy genetics and constructing a state-of-the-art facility near Pune in Maharashtra.

Logistics

TVS is opening a 20 million pounds advanced logistics facility in Barnsley (the UK) generating 100 new jobs, growing to 500 across the TVS Group over 5
years. As part of Team Leidos, the company is integral to delivering 500 million pounds worth of procurement savings to the UK Ministry of Defence over 13
years.

Finance and professional services

HDFC, Indias largest housing finance company, has announced the proposal to issue rupee denominated bonds overseas of up to 490 million pounds.
Bharti Airtel Ltd announced that it intends to issue its maiden sterling bond of up to 500 million pounds to be listed on the London Stock Exchange.
Major UK-based insurance companies like Standard Life, Bupa and Aviva have committed to invest a combined total of approximately 238 million
pounds worth of FDI in their Indian joint ventures.
London Stock Exchange Group and Yes Bank will sign a MoU to foster the development around bond and equity issuance, with a strong focus on
green infrastructure finance. As part of this MoU, the bank is expected to list a green bond of up to 330 million pounds through Medium Term Notes by
December 2016.
State Bank of India (SBI) and London Stock Exchange Group have announced a collaboration to create the FTSE-SBI India Bonds Indices to be used

initially by a new investment fund run by SBI. These indices, to be launched in the first half of 2016, will facilitate investment into Indias bond markets and
support market liquidity and pricing.
Zyfin and Sun Global announced that they would be listing the worlds first India fixed income exchange traded fund (ETF) on the London Stock
Exchange. This ETF will give international investors access to the Indian fixed income market, which is worth 1.3 trillion dollars and is a vital source of
finance for the infrastructure sector.
A new MoU on technical co-operation in the rail sector was agreed which will boost potential business opportunities for the rail industry. Further,
India announced its intention to launch the first government-backed rupee bond (Railway Rupee Bond) in London to fund railway infrastructure
development.

Energy

Lightsource Renewable Energy Holdings has announced a 2 billion pounds investment in India. They will design, install and manage around 3
gigawatts of solar power infrastructure in India over the next 5 years.
UK technology company Intelligent Energy is now facilitating an initial order of over 10000 hydrogen fuel cells, worth over 128 million pounds.
UK-listed OPG Power Ventures plc will invest 2.9 billion pounds in India to create 4200 MW of new power capacity in India, of which 1000 MW will be
solar power and 3200 MW will be thermal and renewable power in Tamil Nadu.

IT and cyber

Kloudpad Mobility Research will invest 100 million pounds produce the next generation of smart watches, wearables and tablets in South India.
Vodafone has announced investments in India totaling 1.3 billion pounds of which 100 million pounds will be used to create a payment bank focused
on serving the unbanked and under banked and to accelerate Indias journey towards a cashless economy.
E-commerce cloud platform provider, CloudBuy, will sign a contract with the Confederation of Indian industry (CII) for an online business to business
marketplace. Over the next 5 years the platform is projected to facilitate transactions worth 3.5 billion pounds.

Healthcare

Kings College Hospital NHS Foundation Trust and Indo UK Healthcare Pvt Ltd will open Kings College Hospital in Chandigarh.This is the first of a
proposed 11 new Indo-UK institutes for health that will be developed across India, which, when fully implemented, would amount to a 1 billion pound
investment into Indias healthcare system.

Education

A partnership between the British Council and TCS will see the global IT services firm provide opportunities for 1000 graduate interns from British
universities to train and work in India between 2016 and 2020.
HSBC announced the launch of its Skills for Life initiative in India, a programme to skill 75,000 disadvantaged young people and women over 5 years.
Indian integrated learning solutions provider Dexler will set up Dexler Education UK, its European headquarters, with an investment of around 10 million
pounds to augment corporate training, higher education and individual learning.

Terrorist attack in Paris; Hundreds Killed

14-NOV-2015

Author :Shravan Nune

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Who: Terrorist attack

Where: Six locations around Paris

When: 13 November 2015

Terrorists on 13 November 2015 attacked six locations around Paris killing around 130 civilians and injuring another 200 people and security personnel.

While majority of the deaths occurred in the Bataclan concert venue, around 80000 football fans in the Stade de France (National Stadium of France)
came under the deadliest attacks who were watching a friendly match between France and Germany.

To deal with impending attacks, France President Francois Hollande,who was at the venue during the attack, immediately convened an emergency cabinet
meeting outside the stadium and announced astate of emergency.

The decree enables the authorities to close public places and impose curfews and restrictions on the movement of traffic and people.

France saw its most recent emergency in November 2005 while the suburbs of Paris came under a series of attacks by rioting mob.

The present attack in Paris is the deadliest violence to strike France since World War II and the second major terror incident in 2015 afterthe Charlie
Hebdo Shooting.

In the January 2015 incident, terrorists belonging to the Al-Qaeda in the Arabian Peninsula (AQAP) killed 11 people when they stormed into the offices of
the French satirical weekly newspaper in Paris.

AMRUT Action Plans for 81 cities approved with total project outlay of 5748 crore rupees
17-NOV-2015

Author :Shravan Nune

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Who: AMRUT Action Plans for 81 cities

What: Approved

When: 16 November 2015

An inter-ministerial Apex Committee on 16 November 2015 approved State Annual Action Plans (SAAP) of 81 mission cities in 5 states-Tamil Nadu, Madhya
Pradesh, Jharkhand, Odisha and Mizoram under AMRUT for 2015-16.

The meeting of the committee was headed by Madhusudan Prasad, Secretary, Union Ministry of Urban Development, which is the nodal ministry for
implementation of Atal Mission for Rejuvenation and Urban Transformation (AMRUT).

As per the approved SAAPs, the Union, State governments and urban local bodies together will invest 5748 crore rupees. Out of this, Central assistance will
be provided to an extent of 2440 crore rupees.

And, Out of the five states, Tamil Nadu with 27 AMRUT cities would invest 3249 crore followed by Madhya Pradesh (32 cities)-1,656
crore,Odisha (9 cities)-456 crore, Jharkhand (7 cities)-313 crore and Mizoramwill invest 73 crore rupees in the lone mission city of Aizawl.

Breakup of Funds Allocation

Amount (cr. rupees)

Purpose

Cities covered

4290

Household water

53

supply

1133

Sewarage

41

92

Storm water drainage

14

80

Non-motorised public

22

transport

113

Green spaces

76

With this approval, number of cities covered under AMRUT went up to 170 across 8 states with a total project expenditure of 8534 crore rupees.

Earlier, on 22 October 2015, SAAPs were approved for 89 cities in Gujarat, Rajasthan and Andhra Pradesh with a total investment of 2786 crore rupees.

The recent approval of 81 SAAPs in 5 states is significant because

About half of the urban households in these 81 cities do not have water supply and sewerage connections
Extent of coverage of urban households with water supply connections ranged from 6 percent in Chaas (Jharkhand) to 59 percent in Balasore (Odisha).
Only 7 cities in Madhya Pradesh Chindwara, Khandwa, Mandsaur,Khargone, Neemuch, Betul and Dewas, the coverage is between 59 and 74 percent.
No sewerage connections are available in half of the Mission cities, while in the rest the coverage is in the range of 3 percent in Ratlam (MP) to 62 percent
in Indor

2015 G20 Summit held in Antalya, Turkey

17-NOV-2015

Author :Shravan Nune

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Who: 2015 G20 Summit

Where: Antalya, Turkey

What: Held

When: 15-16 November 2015

The 2015 G20 Summit was held for two days on 15 November and 16 November 2015 at Regnum Carya Hotel Convention Centre in Antalya, Turkey.

It was the tenth summit since the inception of G20 in 1999 and held under the Turkish leadership.

The focus of the summit was to evolve strategies to ensure inclusive and robust growth through collective action. For this to achieve, Turkey has
proposed three Is-Inclusiveness,Implementation and Investment for growth.

The summit was attended by all the leaders of the G20 including Prime Minister Narendra Modi.

However, France President Francois Hollande couldnt attend the summit as Paris came under a coordinated terrorist attack on 13 November 2015 that
killed around 130 civilians.

Besides urging for strong and coordinated actions against climate change and terrorism, the G-20 has reaffirmed its earlier goal of achieving two percent
additional GDP growth by 2018.

On the sidelines of the summit, meetings of G7 and BRICS leaders took place.

At the end of the summit, Turkey handed over the presidency of the Grouping to China for 2016. The 2014 Summit was held at Brisbane in Australia.

G20 Members: Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Mexico, Russia, Saudi Arabia, South Africa, South
Korea, Turkey, the United Kingdom, the United States of America and European Union.

PM Narendra Modi concluded his two-nation tour to UK and Turkey

17-NOV-2015

Author :Jitesh Kumar Jha

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Who: Prime Minister Narendra Modi

What: Concluded two-nation tour to UK and Turkey

When: 16 November 2015

Prime Minister Narendra Modi on 16 November 2015 returned to India after his two-nation tour of the United Kingdom and Turkey.
During his five-day visit which took place from 12 November to 16 November 2015, Modi participated in G-20 summit at Antalya in Turkey and met with
Queen Elizabeth II, British Prime Minister David Cameron, Turkey President Recep Tayyip Erdogan and others.
During this tour, he stayed in UK (12 to 14 November 2015) and Turkey (14 to 16 November 2015).

Major Highlights of UK visit

Modi inaugurated Dr. Bhimrao Ramji Ambedkar Memorial in London
Modi unveiled Basaveshwara Statue in London
Modi addressed the Indian Community at Wembley Stadium, London
Modi paid homage at Gandhi Statue in London
Modi met with Queen Elizabeth II at Buckingham Palace
Modi on 12 November 2015 became the first Indian head to address the British parliament
Modi held delegation level talks with Prime Minister David Cameron of United Kingdom and also met Leader of the Labour Party and the Leader of the
Opposition
Modi attended the UK-India CEO Forum
Modi inspected guard of honour at Treasury Quadrangle in London
Modi visited Jaguar Land Rover (JLR) plant, a subsidiary of Indias Tata Motors, in Solihull
Major Highlights of Turkey Visit
Modi attended 2015 G-20 summit chaired by Turkish President Recep Tayyip Erdogan on 15-16 November 2015 in Antalya, Turkey
Modi also attended the meet of BRICS leader on the sidelines of G-20 summit
Modi met with Recep Tayyip Erdogan, the President of Turkey; Mariano Rajoy, the Prime Minister of Spain, King Salman bin Abdul Aziz of Saudi Arabi;
Malcolm Turnbull, the Prime Minister of Australia, Donald Tusk, the President of the European Council; Jean Claude Juncker, President of the European
Commission
Modi proposed 10-Point Plan to Tackle Terrorism and find solution to refugee crisis
Modi proposed agenda on development and climate change at G20 meet
During stay in Turkey Prime Ministers of India and Australia announced completion of procedures for Civil Nuclear Agreement

IAMAI released Internet in India 2015 report

18-NOV-2015

Author :Shravan Nune

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Who: Internet in India 2015 report

What: Released by IAMAI

When: 17 November 2015

Internet and Mobile Association of India (IAMAI) on 17 November 2015 released a report entitled Internet in India
2015 report.

The report surveyed usage of internet on different devices (mobile, desktop, etc), in different areas (village and urban) and among different demographic
segments.

The key finding of the report is Indias internet user base will touch 402 million by December 2015 making it the second-largest in the world after China.

Highlights of Internet in India 2015

The number of Internet users in India is expected to reach 402 million by December 2015 registering a growth of 49 percent over last year. With this,
India will surpass the USA and will have second largest user base next only to China.
Currently, while internet users in India are pegged at 375 million, China leads in the world with more than 600 million internet users.
While Internet in India took more than a decade to move from 10 million to 100 million and 3 years from 100 to 200 million, it took only a year to move
from 300 to 400 million users.
Overall, 71 percent male and 29 percent female are Internet users in India. The Internet usage among males has been growing at a rate of 50 percent
while it is growing at 46 percent for female users. And, among the female Internet users, the highest growth has been among the Non-Working women.

In urban areas

In Urban India, the ratio between male to female Internet users is 62:38. Significantly, Internet users among females are growing at a rate of 39 percent
compared to 28 percent among males.
Significantly, there has been a huge spurt in the number of people accessing internet on a daily basis in Urban India. As on October 2015, 69 percent of
users are using Internet on a daily basis. This daily user base has gone up by 60 percent from last year.
In Urban India, mobile Internet user base has grown at a rate of 65 percent over last year to reach 197 million in October 2015. The Mobile Internet Users
have surged to 80 million by October 2015 growing at 99 percent over last year.
Interestingly, the report also reveals that out of all the Internet non-users surveyed in the 35 cities as part of this study, 11.4 million Non-Users are willing
to access the Internet in the next one year and over 2/3rd of them intend to do so through mobile phones.

In Rural areas

Among the Rural Internet users, 88 percent are males. The Internet users among females are growing at 61 percent and 79 percent among males. And,
75 percent of the rural internet users belong to the age group of 18-30 years.
The user base of mobile internet users in Rural India is expected to reach 87 million by December 2015 and 109 million by June 2016.