Daily GK Update: April 28th, 2016.

No proposal to merge BSNL and MTNL: Prasad.

The government said there is no proposal currently to merge the state-owned BSNL and MTNL, but the operators are trying to generate maximum revenues for their revival.

‘Make in India’ not at cost of IPR: U.S.

The US Trade Representative’s annual Special 301 report, that identifies trade barriers to U.S. companies and products due to a foreign government’s intellectual property regime, has placed India on the Priority Watch List, the same as last year. The report identified many measures taken by the government as encouraging in terms of providing a better IP protection regime, but raised multiple concerns, particularly related to the potential erosion in IP standards due to its push for promoting domestic manufacturing.

India may become net importer of sugar as drought parches fields.

India is likely to become a net importer of sugar in 2016-17 as back-to-back drought years dry irrigation channels and ravage cane fields, with output in the country’s biggest producing state seen dropping over 40 per cent. That would mark the first time the nation has been a net importer of the sweetener in four years, with the switch likely to support global prices that have already been rising this year.

Govt. urged to promote balanced rules on tobacco.

The International Tobacco Growers Association (ITGA) has urged the government to promote balanced regulations to protect the interest and livelihood of small farmers and rural workers.

Govt invites merchant bankers for stake sale in OIL, NFL, RCF.

Government invited bids from merchant bankers to assist in its stake sale in three PSUs OIL, NFL and RCF which could fetch around Rs 2,260 crore to the exchequer. The government intends to sell its 15 per cent stake or 7.35 crore shares in National Fertilisers Ltd (NFL) while it will put on block its 5 per cent stake or over 2.75 crore equity shares in Rashtriya Chemicals & Fertilisers (RCF) through offer for sale (OFS).

Supreme Court orders common entrance test for MBBS, BDS and PG courses through NEET.

The Supreme Court paved the way for National Eligibility Entrance Test (NEET) this year for admission into medical colleges. The SC directed the Centre and CBSE to go ahead and conduct two-phase single common entrance test for MBBS, BDS and PG courses through the NEET. The apex court said that the AIPMT, which is to take place on Sunday, would be considered as first phase of the NEET.