DAILY CURRENT
AFFAIRS: 31 OCT 2017
(DAILY NEWS INDIA)
SHARED BY: WWW.DAILYGK.IN
1.
ITALY PM PAOLO GENTILONI
ON TWO-DAY VISIT TO INDIA
i. Prime Minister of Italy Paolo
Gentiloni arrived in New Delhi on a 2-day visit to India. The visit is aimed at
strengthening the bilateral political and economic relations between the two
countries.
ii. The last visit of the Italian Prime
Minister to India was in February 2007.
2.
GOVT MAKES USE OF PUBLIC
FINANCE MANAGEMENT SYSTEM MANDATORY FOR CENTRAL SCHEMES
i. The Centre has made the use of
Public Finance Management System mandatory for all central schemes. Finance
Minister Arun Jaitley stated that making use of the PFMS mandatorily will
ensure benefits of government schemes to reach the last mile.
ii. The move would help in tracking and
monitoring the flow of funds to the implementing agencies. A total of 613
schemes of the central government will be covered under PFMS.