17 August 2012 Current Affairs
P.M.’s Economic Panel Lowers the Indian Growth Estimate to 6.7% for 2012-13
Prime
Minister’s economic advisory panel on 17 August 2012 pegged GDP growth
for the current financial year to 6.7 percent. This is mainly due to
poor Monsoon which will pull down the agriculture growth rate to 0.5
percent from 2.8 percent last year. “Economy will grow at 6.7 percent
in 2012-13, Prime Minister’s economic Advisory council (PMEAC) chairman
C.Rangarajan said that while releasing “Economic outlook for 2012-13”.
He asked the government to open multi – brand retail to foreign
investment and raise diesel prices in one (or) more steps to contain the
subsidy bill. India has registered 6.5% growth in the fiscal year
2011-12. Which was the lowest in the past nine years.
The
United Nations on 17 August, 2012 confirmed that Veteran Algerian
diplomat Lakhdar Brahimi will replace the former UN Secretary general
Kofi Annan as the International
mediator on Syria as the 17 month old conflict slides deeper into civil
war. Brahimi, who served as Algeria’s foreign minister from 1991 to
1993 and joined UN in 1994 and served various high profile positions
until he retired in 2005.
A Three member Committee to Resolve Hockey Affairs
The
Indian Olympic Association has set up a 3 member committee to resolve
the issue of how best to run the affairs of hockey in the country.
Hockey India and the Indian. Indian Hockey Federation have been asked
to present their case before the committee on August 21. The three
members are former wrestling federation of India President G.S.Mander,
the Indian Weigh lifting federation President Birendra Prasad.
Martime franck Famous Photographer passes away
Martime Framck, the world famous photographer and co-founder and president of the henri cartier- Bresson foundation in paris died on 17 august 2012.she was 74. An elegant, brooding beauty and a stunningly good photographer in her own right, she became a member of Magnum, the photo agency set up in 1947 by five photographers, including Frank Capa and Cartier-Bresson.Franck spent her childhood in the U.S. and in England, then later studied art history at the University of Madrid, then at the Ecole du Louvre in Paris. She began her photography career by assisting Eliot Elisofon and Gjon Mili at Life magazine.
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