Current Affairs October, 2016

The Union Government has signed $650 million loan agreement with the World Bank for construction of the Eastern Dedicated Freight Corridor (EDFC)-III project.

Supreme Court has frozen all financial transactions between the BCCI (Board of Control for Cricket in India) and state cricket associations.

• Railway ministry inks MoU for Smart Railway Stations
• No relook into allocation of Krishna water: Tribunal
• India, China conduct second Joint tactical Exercise in Ladakh

India and China have conducted second joint military exercise "Sino India Cooperation 2016" in Ladakh region along the Line of Actual Control (LAC) in Jammu and Kashmir.

The International Union for Conservation of Nature (IUCN) is going to declare the Kashmiri Red Stag (also known as Hangul) as a Critically Endangered species.

The Union Ministry of Railways has declared the Okha-Kanalus and the Porbandar-Wansjaliya railway sections of Gujarat as Green Train Corridors.

The Krishna Water Disputes Tribunal II (KWDT-II) headed by Justice Brijesh Kumar, has decided to maintain status quo on the allocation of Krishna River water among all four riparian states viz. Maharashtra, Karnataka, Telangana and Andhra Pradesh.

Maharashtra government has launched 'Kaushalya Setu', a skill development programme for students.

The Union Ministry of Railways and Union Urban Development Ministry have inked Memorandum of Understanding (MoU) for smart railway stations.

• SC asks whether mass religious appeals for electoral gains can be categorised corrupt practice
• Indian Navy commissions INS Tihayu
• NPL Scientists produce electricity from water without using energy

Ace Indian shuttler Saina Nehwal has been appointed as a member of the International Olympic Committee̢۪s (IOC) Athletes̢۪ Commission.

The Union Government has proposed a four-slab rate structure for the new indirect tax regime i.e. Goods & Services Tax (GST) ranging from 0 to 26 per cent.