Current Affairs 23rd June 2016

1. Union Cabinet extends the deadline of UDAY scheme

i. The Union Cabinet has approved the proposal of extending the deadline for implementing the Ujjwal Discom Assurance Yojana (UDAY) by a year to March 31, 2017. 

2. Railway minister flags off Danapur-Saharsa Janhit Express 

3. FM Arun Jaitley to embark on 5-day China visit to attend AIIB annual meet

4. Union Cabinet approved the establishment of Fund of Funds for Startups

i. The Union Cabinet has  approved the establishment of Fund of Funds for Startups (FFS) at Small Industries Development Bank of India (Sidbi) for contribution to various alternative investment funds (AIF). 

5. Union Cabinet approves Mega Spectrum Auction

i. The Union Cabinet under Chairmanship of Prime Minister Narendra Modi has approved the spectrum auction plan recommended by the department of telecommunication. 

6. Cabinet approves Rs.6,000 Cr package for textiles

7. Cabinet approves four laning of Hubli-Hospet Section of NH-63 in Karnataka 

8. Union Cabinet approves pact for the avoidance of double taxation with Belgium

9. Union Cabinet approves MoU between India and Germany

i. The Union Cabinet has approved the signing of a Memorandum of Understanding (MoU) with Steinbeis GmbH Co. KG, Germany for technology transfer and resourcing in manufacturing, including sub-sectors of Capital Goods. Steinbeis GmbH is leading organization for applied industrial research in Europe.

10. LIC Chairman S K Roy resigns

11. Anju Bobby George resigns as Kerala Sports Council President

12. Aveek Sarkar resigns as Chief Editor of ABP Group of Publications

i. Aveek Sarkar has resigned as the Editor-in-Chief of Ananda Bazaar Patrika (ABP) and The Telegraph. However, he would continue as the chairman of the group. 

13. PayPal appoints Anupam Pahuja as India Country Manager and MD

14. Andy Murray wins record fifth Queen's Club title

15. India won three-match T20 Series against Zimbabwe, 2-1