NEWS
05-06-2017.
NEWS FOR 6-JUN (TUESDAY)
1.      President Donald Trump announced that he would withdraw the United States from the landmark 2015 Paris Climate Agreement to fight climate change. Trump stated that the Paris accord would undermine the U.S. economy and put the country at a permanent disadvantage to the other countries of the world. With the decision to pull out, the United States will join the short list of countries including Syria and Nicaragua that are not a part of the Paris Accord. The Paris Agreement on Climate Change came into effect in November last year. Donald Trump has held that the deal was not tough enough on India and China.

2.     
Mr Narendra Modi recently undertook four nation tour of Europe comprising Germany, Spain, Russia & France. The aim was to boost India's economic engagement with them & to invite more investment to India. Several meaningful agreements were signed between India & visiting countries to augment economic & security ties.
 

3.     
India and Russia have decided to hold the first tri-Services exercises, named ‘Indra-2017’, this year. Both the countries have also decided to begin joint manufacturing of frigates and co-production of Kamov-226 military helicopters.  Of all the agreements, the agreement on setting up of Units 5 and 6 of the Kudankulam Nuclear Power Plant (KNPP) in Tamil Nadu with the Russian help was a much-awaited agreement.
 

4.     
As per the data released by the Ministry of Statistics, India registered 7.1% growth in the financial year 2016-17, which is slower than the 8% registered in 2015-16. In the fourth quarter of 2016-17, India registered a growth of GDP growth of 6.1% compared with China’s 6.9% in the same period. Hence, it has lost its fastest-growing major economy tag in the fourth quarter of 2016-17. The GDP growth rate has registered a slightly higher growth because of proportionate increase in indirect tax net of subsidies.
 

5.     
The Indian Army is likely to start inducting women in combat positions.  This has been stated by Army Chief Gen. Bipin Rawat. The Indian Army has taken up this issue with the government. Initially, women are to be recruited for positions in military police. At present, women are employed in select areas such as medical, legal, educational, signals and engineering wings of the Army but are not offered combat roles due to operational concerns and logistical issues.  As of now, only a few countries such as Germany, Australia, Canada, the U.S., Britain, Denmark, Finland, France, Norway, Sweden and Israel have allowed women in combat roles.
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