Current Affairs India - 2 November 2015

1. The Human Resource Development Ministry has formed a new committee to draft the new education policy which will be headed by former Cabinet secretary T.S.R. Subramanian. The committee also appointed Shailaja Chandra, former Chief Secretary, NCT of Delhi; Sewaram Sharma, former Home Secretary, NCT of Delhi; Sudhir Mankad, former Chief Secretary of Gujarat, and J.S. Rajput, former Director, NCERT as its member.

The panel is expected to submit the draft policy as soon as possible but not later than 31st December. Along with the draft education policy, the Committee will also submit a Framework for Action.

2. India-s eight core sectors output grew by 3.2% in September compared to same month last year. The growth was primarily due to an increase in fertilizer production, electricity generation and coal production. The eight core industries which are coal, crude oil, natural gas, refinery products, fertilisers, steel, cement and electricity account for 38% of the total industrial production.

3. Anil Dhirubhai Ambani Group owned Reliance Communications Ltd (R-Com) announced to merge its business with the telecom business of Sistema Shyam Teleservices Ltd (SSTL) that owns the MTS brand for an all-stock deal worth Rs.4,500 crore. R-Com on Monday signed a definitive agreement with Sistema JSFC, a publicly-traded holding company in Russia, for demerger of SSTL.

4. Argentine and FC Barcelona star Lionel Messi has been chosen as the global brand ambassador for Tata Motors- passenger vehicles for the next two years. Tata Motors will kick off a campaign, -#madeofgreat-, featuring Messi. The core idea is: -what drives us from within is what makes us great-. The process of selecting Messi as brand ambassador began with a careful study of the key pillars that the company felt underlined its brand image.

5. Founder of Hero Moto Corp and Chairman emeritus, Brijmohan Lall Munjal, passed away in New Delhi-s Max hospital yesterday. He was 92. Munjal stepped down from active role in Hero MotoCorp earlier in June this year.

BM Munjal along with his three brothers, OP Munjal, Dayanand Munjal and Satyanand Munjal, started a bicycle spare parts business in Amritsar in 1944. After that he established the world-s single largest motorcycle manufacturing firm Hero MotoCorp.