Current Affairs India - 26 December 2014

1. Raghuvar Das, national vice-president of the BJP was elected the leader of the BJP Legislature Party in Jharkhand today. With this, he will be the first non-tribal Chief Minister of Jharkhand. Raghuvar Das is also a former Deputy Chief Minister of the State. The BJP-AJSU alliance had emerged as the largest party after securing 42 seats out of total 81 seats in the assembly poll held this month.

2. President Pranab Mukherjee signed two key ordinances which will increase FDI cap in the insurance sector and facilitate e-auction of coal blocks. The NDA Government had recommended promulgation of these ordinances earlier this week after failing to get them passed in Parliament. As a part of insurance amendment bill, the Government recommended promulgation of a fresh ordinance to allow increase FDI cap for Insurance sector to 49% from existing 26%.

The Coal Mines (Special Provisions) Bill, 2014 was passed by the Lok Sabha but could not be taken up for discussion in the Rajya Sabha, prompting the government to recommend a re-promulgation of the coal ordinance.

3. The central government launched a new health mission named as 'Mission Indradhanush' on 25th December. This mission will aim to cover by 2020 children who are either unvaccinated or partially vaccinated against seven vaccine-preventable diseases.The diseases are diphtheria, whooping cough, tetanus, polio, tuberculosis, measles and hepatitis B.

Union Health Minister J P Nadda launched the mission on 'Good Governance Day' to mark the birth anniversary of former Prime Minister Atal Bihari Vajpayee. Under the programme, four special vaccination campaigns will be conducted next year with proper planning. While 201 districts will be covered in the first phase, 297 will be targeted for the second phase.

4. Central Government has set up Mathur committee to examine the possibility of constitution of a Special Investigation Team (SIT) for re investigation of the 1984 anti-Sikh riot cases this week. The Committee will be headed by former Supreme Court Judge Justice G.P. Mathur and it will submit its report till April 2015.

The Justice Nanavati Commission had earlier recommended reopening of only four of 241 cases closed by police but BJP wanted the reinvestigation of all the other 237 cases.

5. Dr. K. Radhakrishnan, Chairman of the Indian Space Research Organisation (ISRO) has been chosen as one of the 2014 top ten scientists chosen by the prestigious journal -Nature-. He is listed along with other famous scientists including Andrea Accomazzo, the Rosetta flight operations director, European Space Agency.

6. Anil Dhirubhai Ambani Group firm Reliance Capital roped in Japan-s Sumitomo Mitsui Trust Bank (SMTB) as a strategic partner for its proposed banking venture within the country. SMTB will buy initial stake of 2.77% in Reliance Capital for nearly Rs 371 crore as a part of long term strategic deal.

SMTB is Japan-s largest financial institution with assets under custody of USD 1.8 trillion. It will help Reliance Capital to launch a new bank in Indian when RBI permits the same.