Daily GK Potion – 6th March 2015

  1. Sri Lanka suspends China port city project
    • The Sri Lankan government has temporarily suspended work on the construction of a controversial USD 1.5 billion Chinese port city project.
    • The new government alleged that the real estate deal with China was signed without cabinet approval and without following procedures, and hinted at corruption.
    • The Colombo Port City project is seen as the single largest private sector development ever in the country.
    • In September last year, Chinese President Xi Jinping had inaugurated the construction of the project, part of China’s attempt to restore its ancient prestige and historical links along the maritime route through Southeast and South Asia.
  2. Union minister Raosaheb Dadarao Danve resigns
    • Union minister Raosaheb Dadarao Danve on Thursday resigned from the council of ministers.
    • Danve was the minister of state for consumer affairs, food and public distribution.
  3. Signing of MOA Between NRDC and CCRAS
    • National Research Development Corporation (NRDC), under the Ministry of Science and Technology, Govt of India signed a Memorandum of Agreement (MOA) with Central Council for Research in Ayurvedic Sciences, (CCRAS), an autonomous organisation under the Department of AYUSH, Ministry of Health and Family Welfare for commercialization of the technologies developed at CCRAS.
    • The MOA also includes providing Intellectual Property Rights (IPR) services to CCRAS in India and abroad

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