Current Affairs India - 13-14 June 2016

1. India-s retail inflation. Measured by Consumer Price Index, jumped to 5.76% in May due to higher food process compared to 5.01% in May last year. Overall food inflation jumped up to 7.55% in May, from 6.32% in April.


2. India-s overall inflation, measured by the Wholesale Price Index, increased to 0.79% in May due to higher increase in vegetable prices. WPI inflation stood at 0.34% in April this year, and at (-) 2.2% in May last year. Wholesale food inflation rose to 7.88% in May compared to 4.23% in April which pushed the overall inflation higher.
Manufactured products inflation inched up to 0.91% in May, from 0.71% in April and Fuel and power inflation stood at (-) 6.14% in May.


3. Maharashtra state government has recently launched a task force named as Vasantrao Naik Shetkari Swavalamban Mission (VNSSM headed by agriculture field expert Kishor Tiwari in order to bring at least 80% of the farmers under the purview of institutional credit net.


4. Additional Solicitor General of India and former Parliamentarian Satya Pal Jain has been appointed as a part-time member of the 21st Law Commission of India. The appointment will be in addition to his charge as an Additional Solicitor General of India.


5. Tata Power Company has acquired the renewable energy (RE) subsidiary of Delhi-based Welspun Renewables Energy Pvt Ltd (WREPL) for around Rs 9,9000 crore which also marks the largest transaction in renewables space in India till now. WREPL has one of the largest operating solar portfolios in India spread across ten states. It has about 1,140 megawatts (MW) of renewable power projects comprising about 990 MW solar power projects and about 150 MW of wind power projects.


6. Famous playwright and actor Achyut Lahkar passed away this week. He was 85. He is the founder of Nataraj Theatre, the first mobile theatre company of Assam in 1963.