Current Affairs 5th July 2014

Current Affairs 5th July 2014

Updated : 05-Jul-2014

Current Affairs 5th July 2014 - Important Points
Current Affairs 5th July 2014 - Details
The Governor of Goa B V Wanchoo resigned
On 4th July 2014, The Governor of Goa Bharat Vir Wanchoo resigned. The resignation of Wanchoo, a former chief of elite Special Protection Group, will be sent to President Pranab Mukherjee for acceptance.

A 1976-batch IPS officer, Wanchoo's resignation came a few days after former National Security Advisor M K Narayanan quit from Governorship of West Bengal.
Also, he became the second Governor to be quizzed by Central Bureau of Investigation (CBI) after M K Narayanan. He is being quizzed as a witness in connection with the alleged irregularities in the 12 helicopters deal meant for VVIPs from AgustaWestland.
Senegal President Macky Sall sacked Prime Minister Aminata Toure
On 4th July 2014, Senegal President Macky Sall sacked Prime Minister Ms Aminata Toure. She was sacked due to her failure to win a seat from Dakar in the 2014 local elections.
Toure, who had held the post since September, was attempting to defeat the popular Socialist mayor of the capital, Khalifa Sall, in Dakar's constituency of Grand Yoff. The government performed badly in big cities at the elections in a sign of public discontent over the policies of Sall, who came to power two years ago.
Senegal is West African country and seen as a beacon of democracy in West Africa. It is the only country never to have had a military coup in the West African region.
SC rules out Automatic arrest in dowry cases
On 2nd July 2014, the Supreme Court stating that the anti-dowry law was being misused, so restrained the police of all states from "automatically" arresting the accused in dowry harassment cases.

The court held that arrests in all cases where the maximum punishment is up to seven years in jail cannot be made on a reasonable belief that the accused may have committed the offence. It said there has to be adequate material to show that the arrest was necessary to ensure proper investigation or to prevent the accused from committing any further offence or any act to influence the outcome of the case.
The Supreme Court bench headed by Justice C K Prasad directed :
- All the State governments to instruct its police officers not to automatically arrest when a case under Section 498-A of the IPC (dowry harassment) is registered.
- The police should satisfy themselves about the necessity for arrest under the parameters laid down flowing from Section 41 Criminal Procedure Code.
- The police officer shall furnish the reasons and materials which necessitated the arrest before the magistrate.
- A person accused of offence punishable with imprisonment for a term up to seven with or without fine, cannot be arrested by the police officer only on its satisfaction that such person had committed the offence.
- The attitude of police to arrest first and then proceed with the rest is despicable and it must be curbed.
- Any arrest or detention by a police official without recording reasons as aforesaid by the judicial magistrate concerned shall be liable for departmental action by the appropriate High Court and amount to contempt of court.
CMA CGM makes first port investment in India by forming JV with APSEZ
On 4th July 2014, CMA Terminals, the fully owned subsidiary of French shipping line CMA CGM, struck the joint venture agreement with Adani Ports and Special Economic Zone (APSEZ), part of Adani Group. The terminal, fourth in number, will have a capacity to handle 1.3 million twenty foot equivalent containers annually. The construction phase will be completed in a 24 months.
The new terminal adds to the company's existing two container handling locations at Mundra and Hazira along with its already announced two container terminals to be constructed at Ennore in Chennai and Dhamra in Odisha.
Prime Minister Mr. Narendra Modi inaugurated Udhampur-Katra rail link
On 4th July 2014, The Prime Minister of India Shri Narendra Modi flagged off the inaugural train from Katra in Jammu, the base camp for Vaishno Devi shrine. The Prime Minister flagged off the Diesel Multiple Unit (DMU) which had school children aboard at around 9.55am today from Katra Railway station to Udhampur.
He also suggested the name Shreeshakti Express for the train.
"This rail connectivity will provide speed to J&K and the power project will provide energy to the state," PM said referring to the two inaugurations.
Mr Narendra Modi inaugurated 240MW Uri-II hydroelectric project in Jammu and Kashmir
On 4th July 2014, Prime Minister Narendra Modi inaugurated the 240 megawatt Uri-II hydropower project in the mountains of Jammu and Kashmir, barely a mile from the Line of Control (LoC), the de facto border dividing Kashmir between India and Pakistan. Modi dedicated the 240 MW Uri-II hydropower project to the nation built by NHPC at a cost of Rs. 2290 crore in Jammu and Kashmir.

his Uri-II project will be able to generate an estimated 1124 million units of hydel-energy annually from its four units of 60 MW each.
Nabard, SFAC ink deal to promote small farmers
On 4th July 2014, Memorandum of Understanding (MoU) was signed by National Bank of Agriculture and Rural Development (NABARD) and Small Farmers Agribusiness Consortium (SFAC) in the presence of Union Agriculture Minister, Shri Radha Mohan Singh.
The Minister appreciated the efforts of both institutions to work together to fulfil their mandates efficiently. The MoU was signed by Dr.Harsh Kumar Bhanwala, Chairman, NABARD and Shri Pravesh Sharma, MD, SFAC.
The MoU seeks to bring the two institutions in close coordination for implementing schemes for promotion of Producer Organisations (POs). The SFAC is implementing a scheme of the Government of India whereby the Producers Organisations are given equity support and the financing banks are given credit guarantee cover to enable formation of PO's.
NABARD will proactively leverage the benefits of the equity grant and credit guarantee fund for FPOs set up by SFAC to ensure that finance for producer company flows smoothly.
NABARD would actively collaborate with the SFAC at national, state and district level by participating in the Food Security Mission. NABARD informed that it has a fund of Rs.50 crore for supporting producer organisations.
Current Affairs July 2014