25 May 2016 Current Affairs
Union Cabinet Approved National Capital Goods
Policy 2016
The Union Cabinet on 25 May approved the National Capital Goods
Policy 2016. This is first ever policy for Capital Goods sector with a clear
objective of increasing production of capital goods from 2.3 lakh crore rupees
in 2014-15 to 7.5 lakh crore rupees in 2025.
Union Cabinet Approves MoU between ISRO and
UAE Space Agency
The Union Cabinet on 25 May approved Memorandum of Understanding
(MoU) signed between Indian Space Research Organisation (ISRO) and the United
Arab Emirates Space Agency (UAESA) for cooperation in the exploration and user
of outer space for peaceful purposes.The decision to sign the memorandum of
understanding was taken by the Union Cabinet, chaired by the Prime Minister
Narendra Modi, will help in for cooperation in the exploration of outer space
for peaceful purposes, especially in the field to study Mars.
ISRO To Test Air-breathing Propulsion System
The Indian Space Research Organization (ISRO) has decided to test
an Air-breathing Propulsion System after successful test of Reusable launch
Vehicle- Technology Demonstration (RLV-TD). The testing of air-breathing
propulsion system aims to capitalize on the oxygen in the atmosphere instead of
liquefied oxygen while in flight. ISRO is evolving and testing various
technologies to bring down the cost of launch vehicles and the air-breathing
propulsion system is part of its new space endeavor.
Pinarayi Vijayan Sworn-In As Kerala Chief
Minister
“Veteran CPI-M leader Pinarayi Vijayan was sworn-in as 12th Chief
Minister of Kerala on 25 May 2016. Governor P Sathasivam administered his oath
of office and secrecy along with other 18 ministers in Thiruvananthapuram. In
the 2016 state assembly election, the CPI (M)-led coalition of LDF had emerged
victorious after winning 91 seats in the 140 member Assembly. Then ruling
United Democratic Front (UDF) had emerged as largest opposition coalition after
winning “
