Friday, July 11, 2014

Union Finance Minister Shri Arun Jaitley presented his maiden budget

Delhi becomes world's second most populous city

Delhi has become the world's second most populous city in 2014 after Tokyo, more than doubling its population since 1990 to 25 million, according to a UN report.

The 2014 revision of the World Urbanisation Prospects launched yesterday said that India is projected to add the highest number of people to its urban population by 2050, ahead of China.

The Indian capital is expected to retain the spot of the world's second most populous city through at least 2030, when its population is expected to rise swiftly to 36 million.

Tokyo topped UN's ranking of the most populous cities in 2014 with 38 million inhabitants and while its population is projected to decline, it will remain the world's largest city in 2030 with 37 million people.

Mumbai, which ranks sixth on the list of the world's most populous cities in 2014, is projected to become the fourth largest city in 2030 when its population would grow to 28 million from the current 21 million.

Tokyo and New Delhi were followed by Shanghai with 23 million, and Mexico City, Mumbai and Sao Paulo, each with around 21 million inhabitants in 2014.

The report said that the largest urban growth will take place in India, China and Nigeria between 2014 and 2050, with the three countries accounting for 37 percent of the projected growth of the world's urban population.

By 2050, India is projected to add 404 million urban dwellers, way more than China's projection of 292 million.

Information courtesy : http://www.ddinews.gov.in
 

Wednesday, July 9, 2014

Railway Budget 2014-2015


D.V. Sadananda Gowda's maiden Railway Budget focussed on unveiling the Modi Government’s plans for a massive facelift of the railways sector over the coming years 

 


Rail Budget Seeks Course Correction, Avoids Populism 

No Increase in Rail Fare 


Stress on Resource Mobilization Through PSU Surplus, FDI and PPP


Bullet Train on Ahmedabad-Mumbai Corridor Proposed, Speed of Trains to be Increased in Nine Sectors

More Thrust on Passenger Amenities, Cleanliness & Efficient Station Management

Multi Pronged Approach for Improving Safety & Security, 4000 Women RPF Constables to be Recruited

Revamping Railway Reservation System into Next Generation e-Ticketing, WI-FI Services in Major Stations & in Select Trains, Mobile based Wakeup Calls for Passengers

58 New Trains Introduced; 11 Existing Trains Extended

Railway University and Innovation Incubation Centre to be Set UP

Top Priority to Transparency,  e-procurement to be made Compulsory in Higher Purchase, Online Registration for Wagons in Next Two Months

Highest Ever Plan Outlay of Rs. 65,445 Crore with Higher Allocation for Safety Measures 

India test-fires advanced version of BrahMos missile

India on 08-07-2014 succcessfully test-fired an advanced version of the 290-km range Brahmos supersonic cruise missile off the coast of Odisha, giving the country the capability to hit enemy targets hidden behind mountains or in a cluster of buildings with "pinpoint accuracy".


The missile travelled its full strike range of 290 kms in about 500 seconds to hit its simulated target in a copybook fashion after being fired from the Integrated Test Range at Chandipur-on-sea, around 15 kms from Balasore, said BrahMos chief A Sivathanu Pillai.

Tuesday, July 8, 2014

Vijay Amrit Raj announces launch of Champions Tennis League

Tennis legend Vijay Amritraj on Monday announced the launch of Champions Tennis League (CTL) in India with an aim of taking the sport to new levels of awareness and popularity in the country.

The CTL will feature six city based teams, who will play 13 matches over a 10-day period from November 17 to 26.

The teams will be structured into two groups, each having three sides each, where they would play each other in a home and away format. The teams topping their respective group will play each other in the grand finale for the prize money of Rs. 1 crore. The runner-up will receive Rs. 50 lakhs.

CTL teams will feature male and female players with international rankings between No. 5 and No. 25.

Each of the six teams will also have an international legend as their playing captain, apart from a noted Indian male tennis player, plus a top ranked junior Indian girl and boy from each city.

The teams will also travel to other cities, bringing excitement and entertainment in a spectacle that has never been seen on this scale in India before, for tennis.

Ashraf Ghani won Afghanistan's presidential election

Former World Bank economist Ashraf Ghani won Afghanistan's presidential election, according to preliminary results released on Monday, with 56.4 percent of the run-off vote to Abdullah Abdullah's 43.5 percent.

Government approved Rs 1,000 as minimum monthly pension

The Central Government has approved minimum monthly pension of Rs 1,000 under Employees Pension Scheme 1995 (EPS-95) run by the retirement body Employees' Provident Fund Organisation (EPFO), Parliament was informed on 07-07-201

The decision of the government would immediately benefit 28 lakh pensioners including 5 lakh widows getting less than Rs 1000 as pension every month. In all, there are 44 lakh pensioners under the EPS-95 scheme.