Saturday Morning News Brief, December 2

Saturday morning brief Dec 2 2017
Good morning!
Here’s everything you need to know to start your day…
India has kicked off a nuclear submarine project to step up its naval deployments. The move comes in the wake of a Chinese nuclear submarine expected to cross over the Indian Ocean region early next year. India will soon begin a major military exercise to project power and hone combat capabilities to push for a strategic space over Indian Ocean Region. Concurrently, India is also fast-tracking plans to eventually induct nuclear-powered attack submarines.
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Over 300 engineering colleges are likely to be asked to stop operations by HRD ministry. According to an HRD official, around 500 colleges have come under the scanner for not being able to fill up seats. These colleges will be directed not to undertake admission process for any fresh batch as they had less than 30% enrollment for five consecutive years. They have also been given alternate options to convert to science colleges or vocational education institutes.
Supreme Court has dismissed a plea seeking a ban on convicted netas heading parties. A bench headed by Chief Justice of India Dipak Misra said barring convicted persons from heading a <a href=””>political party</a> or floating political parties would go against the right to free speech . &ldquo;How far can the courts go? Let the government and Parliament look into this,&rdquo; the court said.
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India has won the election to be in IMO Council for next 2 years. New Delhi secured the second highest number of votes on Friday and managed to get 144 votes of member countries. This is for the first time that voting was held for Category-B in the International Maritime Organisation council since its inception. Previously, all 10 members were elected unanimously and India has been a member since 1959.
PM Awaas Yojna will soon increase the coverage of interest subsidy for home buyers. According to sources, the guidelines will be modified to bring properties falling under any part of all development authorities including villages, industrial belts and even special development authorities to be eligible for interest subsidy. The interest subsidy is available only for buying the first house in urban areas.
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