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NATIONAL AFFAIRS - March 2015

Mar 2015

Nov 03, 2021

Amarinder Resigns from Congress, Announces Name of his Party

  • Former Punjab Chief Minister Amarinder Singh resigned from the Congress and announced the name of his party--Punjab Lok Congress--just months before the Assembly polls.
  • The party will be formally launched later and the Election Commission has no objection to its name.
  • The move by the former CM came days after he dismissed reports of back-end talks with the Congress, saying the time for rapprochement is over.

TMC Wins in all 4 by-polls in Bengal

  • The ruling Trinamool Congress steam-rolled the opposition to score a 4-0 clean sweep in by-elections held on October 30, leaving the opposition in tatters.
  • In a major setback to BJP, the saffron camp's candidates lost their deposits in three constituencies Dinhata, Gosaba and Khardaha as they failed to win the one-sixth of valid votes polled.
  • The BJP candidate from Santipur was the only one who managed not to lose his deposit by polling over a fifth of the votes cast. The Left Front's candidates managed to secure third spots in all constituencies.
  • The TMC, in total, bagged 75.02 per cent of the votes cast, whereas the BJP got some 14.48 per cent votes, in the four assembly segments.

Former Maharashtra Home Minister Anil Deshmukh Arrested

  • The Enforcement Directorate (ED) arrested former Maharashtra Home Minister Anil Deshmukh under criminal provisions of the Prevention of Money Laundering Act (PMLA).
  • The arrest was made after over 12-hour questioning in a case linked to an alleged extortion racket in the Mumbai police establishment.
  • The NCP leader was produced in a special court in Mumbai that remanded him in ED's custody till November 6.
  • The ED registered the PMLA case against Deshmukh and others after the CBI booked him in a corruption case related to Rs. 100-crore bribery allegations levelled by Mumbai ex-top cop Param Bir Singh.

Nov 02, 2021

Congress Launches Nation-wide Membership Drive

  • The Congress launched its membership drive across the country that will culminate in organisational elections, including electing a new president.
  • Heads of Congress State units launched the drive along with an online membership campaign "JoinCongressSaveIndia" to urge people to join the party in order to protect the country from forces that is "trying to destroy constitutional values".
  • The membership drive will continue till March 31, 2022 and will be followed by organisational elections. It includes election of State unit presidents, vice-presidents, treasurers, executives and AICC members by the Pradesh Congress Committee general body. It will be held between July 21 and August 20, 2022.
  • The election for the new Congress president will be held between August 21 and September 20 next year.

Mumbai-Karnataka Region to be Renamed as Kittur Karnataka

  • Bengaluru Karnataka Chief Minister Basavaraj Bommai reiterated that the state government would rename Mumbai-Karnataka region as 'Kittur-Karnataka', saying that the former title holds no meaning since there were no ties between the two after the restructuring of states in 1956.
  • While Karnataka celebrates Kannada Rajyotsava on November 1, the Maharashtra Ekikaran Samiti (MES), a group of native Marathi speakers, observe a black day as they claim to have been forcibly separated from their parent state 66 years ago during the reorganization exercise. The renaming has two benefits- one is to shrug off any ties to Mumbai and Maharashtra as well as naming the region after 19th century ruler, Kittur Rani Chennamma, the followers of whom are now the Panchamasalis, the largest subsect within the Lingayats.

Nov 01, 2021

Justice Ashok Bhushan is New NCLAT Chairperson

  • Over 19 months after the post was left vacant by the retirement of the then chairperson, Justice S. J. Mukhopadhaya, in March 2020, the Centre appointed retired Supreme Court Judge, Justice Ashok Bhushan, as the full-time chairperson of the National Company Law Appellate Tribunal (NCLAT).
  • Justice Bhushan, who retired from the Supreme Court in July 2021, was appointed for a period of four years, or "till he attains the age of 70 years, or until further orders.
  • The government also appointed retired Chief Justice of the Manipur High Court, Justice Ramalingam Sudhakar, as the chairperson of the National Company Law Tribunal (NCLT), for a period of five years, or till he attains the age of 67 years, or until further orders. His appointment as the full-time chairperson of NCLT comes nearly 21 months after its first chairperson, Justice M. M. Kumar, retired in January 2020.

Centre Invites Applications for SEBI Chair Post

  • The government has invited applications for the chairperson position of market regulator Securities and Exchange Board of India (SEBI). The tenure of the current chair Ajay Tyagi ends in February 2022.
  • The chairman shall hold office for such a period not exceeding 5 years and shall not hold office beyond 65 years of age, whichever is earlier, and will be eligible for re-appointment.
  • In February 2020, Tyagi was given a six-month extension. Later in August 2020, the government had granted an 18-month extension amid the outbreak of the covid-19 pandemic.
  • Tyagi took over as SEBI chief in 2017 for a three-year term.

Oct 31, 2021

Leander Paes Joins TMC in Presence of Mamata Banerjee in Goa

  • Ahead of the state assembly elections in Goa next year, renowned tennis player Leander Paes joined the Trinamool Congress in the presence of party supremo and West Bengal Mamata Banerjee.
  • Earlier in the day, Bollywood actress Nafisa Ali and Mrinalini Deshprabhu also joined the TMC in the presence of the party chief.

Oct 30, 2021

RBI Governor Shaktikanta Das to Remain in Office for Three more Years

  • The government extended the tenure of Reserve Bank of India (RBI) governor Shaktikanta Das by three years, with effect from December 10 this year.
  • He was appointed as RBI governor in December 2018 for three years, replacing Urjit Patel.
  • Shaktikanta Das, a 1980-batch retired IAS officer, has held key positions in the Finance Ministry. He has worked as secretary in the department of revenue (DOR) and the department of economic affairs (DEA).

PM Economic Advisory Council Reconstituted

  • The government of India reconstituted the seven-member Economic Advisory Council (EAC) to the prime minister in October 2021.
  • New EAC was constituted after its tenure ended in the month of September 2021.
  • It has been reconstituted for a period of two years.
  • Former RBI deputy governor Rakesh Mohan, NCAER director-general Poonam Gupta and IIM-Ahmedabad professor TT Ram Mohan were appointed as new part-time members. Other part-time members are Debroy, Neelkanth Mishra, Sajid Chenoy and Neelkanth Mishra.
  • Bibek Debroy will continue to be the chairman of council.
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