25-26 April 2015

25 April

Turrialba Volcano erupted in Costa Rica

Turrialba volcano in Costa Rica erupted on 24 April 2015. The eruption led to rise of a column of gas and ash in the sky and forced closure of the airport in the capital city San Jose. 

The blast from the Turrialba volcano in the east of the Central American country came after the Calbuco volcano in Chile erupted twice on 22 April and 24 April 2015.

About Turrialba volcano
• Turrialba Volcano is a 3340 m (10958 ft) high stratovolcano (composite volcano) near the Atlantic slope town of Turrialba
• The summit has three craters, one of which has fumaroles and sulfur pits. The largest crater has a diameter of 50 m (160 ft)
• Turrialba was inactive for 130 years until it came back to life in the 1990s and last time it erupted in March 2015 
• Earlier in October 2014, it erupted with great force, spewing ash and magma and has been rumbling ever since
• Turrialba is adjacent to Irazú and both are among Costa Rica's largest volcanoes. It had at least five large explosive eruptions in last 3500 years

Russia, Argentina signed agreements on economic & energy co-operation

Russia and Argentina on 23 April 2015 signed a series of framework agreements on economic and energy co-operation. 

The agreements were inked during the two-day visit of Argentine President Cristina Fernandez de Kirchner to Moscow. 

Kirchner and Russian President Vladimir Putin termed the agreements as a comprehensive strategic partnership between the two countries.

The agreements include
• Russia agreed to finance the hydroelectric plant in Argentina’s Neuquen River 
• Russia’s Rosatom nuclear corporation agreed to build a new reactor at Argentina’s Atucha 3 nuclear power plant
• A Memorandum of Co-operation (MoC) was signed on defence 

The two leaders also agreed to consider use of their national currencies rather than US dollars in bilateral trade. 

Comment
In recent past, Russia has shifted its policy towards Asia, Africa and South American countries to tackle the effects of economic sanctions imposed by European Union and the US over the crisis in Ukraine. 

On the other hand, Argentina signed the agreement in order to restructure its defaulted debt because of US hedge funds.

World Malaria Day observed with theme Invest in the Future. Defeat Malaria

25 April: World Malaria Day

World Malaria Day (WMD) was observed on 25 April 2015. The theme for the 2013-2015 campaign is Invest in the Future. Defeat Malaria.

The day is observed to recognise the global efforts to control malaria. It is an occasion to highlight the need for continued investment and sustained political commitment for malaria control and elimination

World Malaria Day was instituted by World Health Organization (WHO) Member States during the 2007 World Health Assembly.

On the occasion of the 2015 World Malaria Day (WMD), WHO called on the global health community to urgently address significant gaps in the prevention, diagnosis and treatment of malaria. 

In its report, WHO said that malaria cases and deaths have significantly declined since 2000, but more than a million lives are still lost to this preventable disease each year. It says, that at least three quarters of malaria deaths occur in children under 5. 

WMD is one of eight official global public health campaigns currently marked by the World Health Organization (WHO), along with World Health Day, World Blood Donor Day, World Immunization Week, World Tuberculosis Day, World No Tobacco Day, World Hepatitis Day and World AIDS Day.

Prime Minister Narendra Modi inaugurated India’s Healthcare Portal

Prime Minister Narendra Modi on 24 April 2015 inaugurated India’s Healthcare Portal at the SAAARC Trade Mart in the Global Exhibition on Services, in ITPO, Pragati Maidan, New Delhi. 

The portal is an authentic and dynamic information source which can effectively be used by any treatment seeker/potential medical tourist from across the globe.

At present, the portal covers 124 accredited medical facilities which include 93 medical centres, 30 Ayurveda and Wellness centres and 1 special category centre. 74 facilities are located in Tier I cites and the rest are in Tier II cities. The Healthcare Portal can be seen at www.indiahealthcaretourism.com

About the Healthcare Portal
• The Healthcare Portal was developed by the Department of Commerce, Union Government and the Services Export Promotion Council (SEPC)
• The portal is a comprehensive one-point information site and covers hospital-related and travel-related information on India
• The medical facilities on the Healthcare Portal are locatable by easy to search options by location, medical specialty, key procedures, language options available in hospitals and their certifications. 
• The key medical and wellness procedures done by these institutions are highlighted. 
• It also provides associated details like costs relating to treatment in hospitals in India, travel and visa formalities, last-mile connectivity, tariff options on stay, benefits of treatment in India, advance information on preparatory aspects in seeking medical care and others

Union Government allowed EPFO to invest 5 percent of its corpus in stock market

Union Government on 24 April 2015 allowed Employees’ Provident Fund Organisation (EPFO) to invest five percent of its corpus in Exchange Traded Funds (ETFs). The decision will result into an inflow of around five thousand crore rupees into the stock markets during fiscal 2015-16.

Union Labour Ministry has notified the new investment pattern for the EPFO, which allows the body to invest 5 per cent of its funds into ETFs.

The investment will begin by one percent and go up to five percent by the end of the financial year. As per estimates, the EPFO's incremental deposits for 2014-15 would be around 80 thousand crore rupees.

Background
Union Finance Minister Arun Jaitley in the Union Budget 2015-16 presented on 28 February 2015 proposed a new investment pattern under which the EPFO would invest a minimum of 5 percent of its investable funds into equity and equity related schemes.

Earthquake of magnitude 7.9 on the Richter scale struck Nepal

A high-intensity earthquake of magnitude 7.9 on the Richter scale struck Nepal on 25 April 2015. The epicenter of the quake was 80km east of Pokhra near Kathmandu, Nepal at a shallow depth of 11 kilometers (7 miles). 

The powerful quake that rocked Nepal killed at least 2500 people and several were injured. It also led to collapse of houses and centuries-old temples. The landmark Dharahara tower built in the 19th century in Kathmandu was reduced to rubble.

The quake also led to avalanche on Mount Everest. 

The tremors of the quake, which is the worst in the Himalayan nation in over 80 years, were felt in northern India (67 died), Pakistan and Bangladesh. In India, the tremors were felt in Bihar, Jharkhand, Uttar Pradesh, Rajasthan, Madhya Pradesh, West Bengal, Haryana, Assam, and Punjab.

Nepal suffered its worst earthquake of magnitude 8.0 in 1934. The quake destroyed the cities of Kathmandu, Bhaktapur and Patan.

Andhra Pradesh Government constituted SIT to probe Chittoor firing

Andhra Pradesh Government on 24 April 2015 constituted an eight-member Special Investigation Team (SIT) to probe the Chittoor firing case in which 20 people were killed in Seshachalam forest area of Chittoor district.

The SIT will be led by Ravishankar Ayyanar, an IPS officer from Andhra Pradesh cadre.

The SIT will conduct a thorough investigation into the incident that led to the opening of fire by personnel of Red Sanders Anti-Smuggling Task Force besides a probe into the case registered in this regard.

Background

Twenty people were gunned down inside the red sanders forests in Seshachalam hill ranges of Chittoor district in Andhra Pradesh on 7 April 2015 in an operation by the police. The state police had registered an FIR under sections 302 (murder) and 364 (kidnapping or abducting in order to murder) against unknown task force personnel on the complaint filed by Muniyammal, the wife of one of the victims Sashi Kumar.