Current Affairs – March, 2019

Latest Current Affairs March, 2019 with Current Affairs, news summary on current events of National and International importance of March, 2019 for Banking, SSC, CLAT, UPSC, State PCS, IBPS, Railways and other Competitive Examinations.

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Larus Labs partners with Global Fund for supply of AIDS drugs

Hyderabad-based pharma Laurus Labs Limited has announced that it has entered into a strategic partnership agreement with Global Fund for a period of 3.5 years. The agreement gives Laurus Labs volume commitments for drugs from the Global Fund for the treatment of HIV/AIDS.

Global Fund to Fight AIDS, Tuberculosis and Malaria

Global Fund to Fight AIDS, Tuberculosis and Malaria was created in 2002 to raise, manage and invest the world’s money to respond to three of the deadliest infectious diseases the world has ever known. The Global Fund was established with an objective to defeat these three diseases.

AIDS, TB and malaria are all preventable and treatable. The tackling of these disease requires the commitment not only of world leaders and decision-makers but also of those working on the ground to help the men, women and children living with these diseases.

The idea of Global fund was discussed in the G8 summit in Okinawa, Japan, in 2000 and the real commitment began to coalesce at the African Union summit in April 2001. The idea continued doing rounds at the United Nations General Assembly Special Session in 2001 and finally endorsed by the G8 at their summit in Genoa, Italy, in July 2001.

The public sector contributions have constituted 95 per cent of all financing raised by the Global Fund and the remaining 5 per cent came from the private sector or other financing initiatives such as Product Red.

Global Fund aims to attract, leverage and invest additional resources to end the epidemics of HIV/AIDS, tuberculosis and malaria to support attainment of the Sustainable Development Goals established by the United Nations.

Dhanush Howitzers Inducted Into Indian Army

Four indigenous Dhanush Howitzer guns were inducted to the Indian Army. The induction of Dhanush Howitzer guns gives major fire-power boost to the Indian Armed Forces.

Dhanush Howitzers

  • Dhanush Long Range Artillery Guns are the first ever indigenous 155 mm x 45 calibre long-range artillery guns.
  • Dhanush Long Range Artillery Guns are equipped with inertial navigation-based sighting system, auto-laying facility, on-board ballistic computation and an advanced day and night direct firing system.
  • The self-propulsion unit on Dhanush allows the gun to negotiate and deploy itself in mountainous terrains with ease.
  • Dhanush is also electronically upgraded to enhance firing accuracies, laying speeds of the existing gun and to provide compatibility with various kinds of ammunition as well.
  • Dhanushhowitzer is an improved version of Bofors guns acquired by India between 1987 and 1991.
  • Dhanush howitzer is a reverse-engineered upgraded variant of the original Bofors design.
  • Dhanush reportedly has a new maximum effective range of 38 kilometers in salvo mode.
  • Dhanush howitzer is capable of firing eight rounds per minutes and needs a crew of six to eight artillerymen.

Dhanush makes outranged Pakistani artillery units more vulnerable to Indian counter-battery fire, while itself staying out of reach. Dhanush’s longer range and high rate of fire will also make it useful in tackling localised Pakistan Army’s offensives in sectors of the LoC where the terrain favours the Pakistani side.

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