GK Power Capsule | Week First | May 2015
John Kerry's visit to Sri Lanka
i. U.S. Secretary of State John Kerry arrived in Sri Lanka to offer support for newly elected President Maithripala Sirisena after years of tensions with the former government of President Mahinda Rajapaksa over human rights.
ii. It is the first time in a decade that a U.S. secretary of state has visited Sri Lanka.
iii. Kerry will discuss U.S. interest in expanding trade and investment with Sri Lanka.
iv. Sri Lanka exports roughly $2.5 billion in goods, mostly textiles, to the United States a year.
Tata Power, L&T to supply mobile artillery system to the Army
i. The army is set to get an artillery boost with a proposal being moved to raise six new regiments of the indigenous Pinaka Multi-Launcher Rocket System (MLRS), a formidable system designed to annihilate enemy targets with a blanket of precisely guided rockets.
ii. Tata Power and Larsen & Toubro (L&T) will get a major share of the Rs 1,950-crore contract that is to be approved by the defence ministry as they are the primary manufacturers of the mobile artillery system, along with state-run Bharat Earth Movers (BEML).
iii. From the existing capacity of 1,000 rockets a year, the government has sanctioned an increase to 5,000 rockets annually.
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John Kerry's visit to Sri Lanka
i. U.S. Secretary of State John Kerry arrived in Sri Lanka to offer support for newly elected President Maithripala Sirisena after years of tensions with the former government of President Mahinda Rajapaksa over human rights.
ii. It is the first time in a decade that a U.S. secretary of state has visited Sri Lanka.
iii. Kerry will discuss U.S. interest in expanding trade and investment with Sri Lanka.
iv. Sri Lanka exports roughly $2.5 billion in goods, mostly textiles, to the United States a year.
Tata Power, L&T to supply mobile artillery system to the Army
i. The army is set to get an artillery boost with a proposal being moved to raise six new regiments of the indigenous Pinaka Multi-Launcher Rocket System (MLRS), a formidable system designed to annihilate enemy targets with a blanket of precisely guided rockets.
ii. Tata Power and Larsen & Toubro (L&T) will get a major share of the Rs 1,950-crore contract that is to be approved by the defence ministry as they are the primary manufacturers of the mobile artillery system, along with state-run Bharat Earth Movers (BEML).
iii. From the existing capacity of 1,000 rockets a year, the government has sanctioned an increase to 5,000 rockets annually.
Download PDF Click here
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