- Parliament passes Child Labour(Prohibition and Regulation) Amendment Bill
- Bill seeks to amend the Child Labour (Prohibition and Regulation) Act, 1986.
- Added a new category of persons called “adolescent” – between 14 and 18 years of age.
- Prohibition of employment of adolescents in hazardous occupations as specified (mines, hazardous processes and inflammable substance).
- Complete ban against employment of children before 14 years in any occupation, except where child helps his/her family.
- Increased fine on employing children or employing adolescent in hazardous occupation from 20,000 to 50,000 along with, provision for Jail term of upto 2 years.
- The Bill has a provision of creating Rehabilitation Fund for Rehabilitation of children suffering from child labour.
- Union Ministry of Home Affairs (MHA) has setup a seven-member expert committee, headed by T V S N Prasad, Joint Secretary – MHA, for exploring the other possible alternatives to pellet guns as non-lethal weapons.
- Myntra, (a unit of India’s e-commerce market leader Flipkart) has acquired online fashion portal Jabong.
- Internationally, Verizon has acquired Yahoo.
- Verizon: American broadband telecommunications company and the largest U.S. wireless communications service provider.
- Lok Sabha has passed Institutes of Technology (Amendment) Bill, 2016 for opening of six new IITs.
- Palakkad (Kerala), Tirupati (Andhra Pradesh), Goa, Dharwar (Karnataka), Bhilai (Chhattisgarh) and Jammu (Jammu and Kashmir).
- G-20 Finance Ministers pledge to boost global economy
- In the two-day meeting of G-20 Finance ministers and Central Bank Governors meeting held in the Chinese city of Chengdu, it was pledge to improve global economy.
- Group of 20 Major economies.
- No permanent Secretariat. Chair system. Present Chair – China
- 19 Individual Countries + European Union
- Holds two type of meetings/summits
- Head of State – PM
- Finace Minister & Central Governors of all State
- India has contributed US 100,000 dollars to the United Nations’ Trust Fund in support of victims of sexual exploitation and abuse by peacekeepers.
- Blow to India as arbitration tribunal rules against Antrix
- Permanent Court of Arbitration (PCA) tribunal (The Hague) has ruled against Antrix Corporation, in the ongoing case with Devas Corporation over sharing of spectrum on satellites.
- Antrix Corporation: Commercial arm of India’s space organization, ISRO.
- Everytime that we hear ISRO sends satellite of so and so country, it is through Antrix. Antrix Company takes orders/deals etc. for sending satellite from other countries/agencies etc. and ISRO sends them.
- 26th July: Kargil Vijay Divas
- The day of India’s Victory against Pakistan in Kargil War on 26th July 1999.
- A joint expedition by India and the U.S in Indian Ocean has found highly enriched accumulations of natural gas hydrate — an icy form of the fuel — in the Bay of Bengal.
- Gas Hydrate:
- Natural gas hydrates are a naturally occurring, ice-like combination of natural gas and water found in oceans and polar-regions.
- The amount of gas within the world’s gas hydrate accumulations is estimated to greatly exceed the volume of all known conventional gas resources.
- Gas – Mostly Methane
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