[DAILY] Current Affairs 06 October 2015


Nobel Prize in Physiology or Medicine-2015 Announced

♦      The Nobel Committee for Physiology or Medicine on 5 October 2015 announced the recipients of the 2015 award.

♦      The 2015 prize was divided, one half jointly to William C Campbell (Ireland) and Satoshi Omura (Japan) for their discoveries concerning a novel therapy against infections caused by roundworm parasites and the other half to Youyou Tu (China) for her discoveries concerning a novel therapy against Malaria.

♦      William C Campbell is an Irish biochemist, Biologist and Parasitologist known for his discoveries concerning a novel therapy against infections caused by roundworms. Currently, he is a research fellow emeritus at Drew University, Madison in New Jersey, the USA.

♦      Satoshi Omura is a Japanese biochemist. He is known for the discovery and development of various originally occurring microorganisms in pharmaceuticals to treat roundworm. At present, he is associated with the Kitasato University of Japan.

♦      Youyou Tu is a Chinese medical scientist, pharmaceutical chemist, and educator best known for discovering artemisinin (also known as Qinghaosu) and dihydroartemisinin, used to treat malaria. At present, she is working at the China Academy of Traditional Chinese Medicine.

Ruled or Misruled: Story and Destiny of Bihar authored by Santosh Singh Released

♦      Ruled or Misruled: Story and Destiny of Bihar: Santosh Singh

♦      The book titled Ruled or Misruled: Story and Destiny of Bihar authored by the Assistant Editor of the Indian Express’ Santosh Singh was released in last week of September 2015.

♦      The book Ruled or Misruled offers a 360 degree journey of Bihar politics since Independence, especially since the Congress’ downfall in 1990.

♦      An out and out reporter’s book, tells an interesting and tumultuous journey of the post-1990 legends of Bihar politics – Nitish Kumar, Lalu Prasad, Ram Vilas Paswan and Jitan Ram Manjhi with the legendary clash between Nitish Kumar and Narendra Modi – with the untold version on the 2010 dinner cancellation and Nitish’s ambition, providing the third angle.

♦      The book also narrates the stories of repair, hope and construction under Nitish Kumar, disillusionment and new political realignment after the 2013 NDA split. It highlights the coming together of Nitish and Lalu after two.

Mention in comment, “Yes, PDF Version and My Email Id is-

GAIL to Take 10 Percent Stake In TAPI Natural Gas Pipeline Project

♦      TAPI project: 1735 km long transnational natural gas pipeline project from Turkmenistan to Afghanistan to Pakistan and to India.

♦      Turkmenistan-Afghanistan-Pakistan-India or TAPI natural gas pipeline project was in news on 4 October 2015 as the Gas Authority of India Limited (GAIL) is expected to take 10 percent stake in the project.

♦      The objective of the project is to transport Caspian Sea natural gas from Turkmenistan through Afghanistan into Pakistan and then to India.

♦      It will transport natural gas from Turkmenistan to India via Afghanistan and Pakistan.

♦      The 1,735-kilometer pipeline will run from the Dauletabad gas field in Turkmenistan to the Indian town of Fazilka, in the Punjab near the Pakistan-India border.

♦      It will carry 33 billion cubic meters (bcm) of Turkmen gas annually; While, Pakistan and India would each purchase 42 percent of that volume (13.8 bcm), Afghanistan would purchase 16 percent that would amount to 5.11 bcm.

♦      The four countries signed the TAPI gas pipeline deal in September 2010 and the implementation phase will begin in December 2015.

♦      The Asian Development Bank (ADB) carried out a feasibility study of the proposed project and extended its support to it. The EU and the USA also provide international support for the TAPI pipeline project.

♦      It will be developed with an estimated cost of 10 billion US dollars and will be operation by 2018.

♦      Turkmenistan will lead the consortium to build the project and the remaining members will invest according to the techno-commercial viability, shareholders agreement and investment agreement.

♦      The project holds multi-faced benefits to all the four countries involved in the project. It will transport precious natural gas from energy rich Turkmenistan to energy deficient Pakistan and India.

♦      It is also called as peace pipeline as it traverses through most terror prone areas in Afghanistan and Pakistan.

♦      For India, the TAPI is expected to reduce dependence on gas supplies from the Gulf region and thereby enhancing its energy security.

World Bank Released Global Poverty Projections For 2015

♦      World Bank on 4 October 2015 released global poverty projections for the year 2015. As per the projections, the number of people living in extreme poverty around the world is likely to fall to under 10 percent of the global population in 2015.

♦      Consequently, the world is all set to achieve the Sustainable Development Goal 1- ending poverty in all its forms by 2030.

♦      The projections were based on the updated poverty line of 1.90 US dollars per day on the 2011 Purchasing Power Parity (PPP) exchange rates basis. The earlier poverty line was 1.25 US dollars per day at 2005 PPP exchange rates.

♦      Sustained reduction in poverty, began in 1990, is moving the world closer to the historic goal of ending poverty by 2030

♦      Global poverty will have fallen from 902 million people or 12.8 per cent of the global population in 2012 to 702 million people or 9.6 per cent of the global population in 2015.

♦      Reductions in poverty were due to strong growth rates in developing countries in recent years, investments in people’s education, health, and social safety nets that helped keep people from falling back into poverty.

♦      Present challenges in eradicating extreme poverty are- slower global growth, volatile financial markets, conflicts, high youth unemployment, and the growing impact of climate change.

♦      For the last several decades, three regions, East Asia and Pacific, South Asia, and Sub-Saharan Africa, have accounted for some 95 percent of global poverty.

♦      In 1990, East Asia accounted for half of the global poor, whereas some 15 percent lived in in Sub-Saharan Africa; by 2015 Sub-Saharan Africa accounts for half of the global poor, with some 12 percent living in East Asia.

♦      Poverty is declining in all regions but it is becoming deeper and more entrenched in countries that are either conflict ridden or overly dependent on commodity exports.

♦      While some African countries have seen significant successes in reducing poverty, the region as a whole lags the rest of the world in the pace of lessening poverty.

♦      Sub-Saharan poverty fell from an estimated 56 percent in 1990 to a projected 35 percent in 2015

Poverty in East Asia and the Pacific would fall to 4.1 per cent of its population in 2015, down from 7.2 per cent in 2012.

♦      Latin America and the Caribbean would see fall to 5.6 per cent in 2015 from 6.2 in 2012.

♦      In South Asia, the poverty would fall to 13.5 per cent in 2015, compared to 18.8 per cent in 2012.

♦      The projections for 2015 are in tune with two goals set by the World Bank for itself in April 2013-to end extreme poverty by 2030, and to boost shared prosperity by raising the incomes of the bottom 40 percent of populations.

Leave a Reply

Your email address will not be published. Required fields are marked *