DAILY CURRENT AFFAIRS: 1 SEP 2017

DAILY CURRENT AFFAIRS: 1 SEP 2017
(DAILY NEWS INDIA)
SHARED BY: WWW.DAILYGK.IN

1. GOVERNMENT TO RELEASE NEW INDUSTRIAL POLICY
i. The Department of Industrial Policy and Promotion under the commerce and industry ministry will release a new industrial policy by October, it will focus on encouraging Indian branded products with high value addition at a global level, and will review the existing Foreign Direct Investment policy regime to facilitate greater technology transfer.
ii. Recently on august 29th, DIPP released consolidated FDI policy. The new policy is expected to replace the United Progressive Alliance government’s National Manufacturing Policy 2011, which sought to create 100 million jobs by 2022.


2. ARUNACHAL PRADESH, J&K ARE FASTEST GROWING ECONOMIES: CENTRAL STATISTICS OFFICE
i. Central Statistics Office published new series of gross State Domestic Product data with 2011-12 as the base year. According to it Jammu and Kashmir and Arunachal Pradesh were the fastest expanding State economies in 2015-16.
ii. Comparison between states plays a healthy role in promoting competitive federalism thereby promoting fair competition. On the whole, the national economy expanded by 8% in 2015-16 at constant 2011-12 prices.
iii. Arunachal Pradesh’s gross State domestic product expanded to 16.5% and that of Jammu and Kashmir 14.7% at constant 2011-12 prices.

3. MINISTRY OF RAILWAYS SIGNS TWO MOUS WITH SWITZERLAND
i. The Ministry of Railways has signed 2 MoUs with Switzerland. It has been signed between Ministry of Railways and Swiss Confederation.
ii. The first MoU is between Ministry of Railways and Federal Department of the Environment, Transport and Communications of the Swiss Confederation for technical cooperation in Rail Sector.
iii. This was signed in the presence of Hon’ble PM Shri Narendra Modi and President of the Swiss Confederation, Mrs. Doris Leuthard by Shri Ashwani Lohani, Chairman Railway Board and Dr. Andreas Baum, Swiss Ambassador to India.
iv. The MoU aims at cooperation in the areas of: Traction Rolling stock, Freight and Passenger Cars,
Traction Propulsion Equipments, Railway Electrification Equipments, EMU and Train sets and Railway Station modernization.
v. The 2nd MoU is between Konkan Railway Corporation Limited and Swiss Federal Institute of Technology  Zurich. This was signed by Shri Sanjay Gupta, CMD/KRCL and Prof. Sarah Springman, Rector, ETH Zurich.
vi. It will help Konkan Railway in establishing the George Fernandes Institute of Tunnel Technology at Goa especially for grasping and distribution of knowledge in the field of tunneling. GFITT aims to generate qualified and trained personnel for the benefit of other Government organisations, private sector and even foreign organizations.

4. FOURTH SESSION OF INDIA-TANZANIA JOINT TRADE COMMITTEE HELD IN NEW DELHI
i. The 4th Session of the India-Tanzania Joint Trade Committee meeting was held in New Delhi. The Indian delegation was led by Commerce and Industry (I/C) Ms. Nirmala Sitharaman. The Tanzanian delegation was led by the Industry, Trade and Investment Mr. Charles John Mwijage.
ii. With an investment of US $ 2.2 billion, Tanzania is among the top 5 investment destinations for India.
iii. The potential areas for Tanzania in India include Light oils and petroleum or bituminous minerals, motor cars and vehicles, medicaments etc Similarly, Metals and Minerals, dried cashew nuts in shells from Tanzania are required in India.
iv. India and Tanzania agreed to enhance sectoral co-operation based on respective needs and comparative advantage for mutual benefit.

5. INDIA-EUROPEAN UNION COUNTER TERRORISM DIALOGUE& INDIA-EU CYBER DIALOGUE HELD IN NEW DELHI
i. The 10th India-European Union Counter Terrorism Dialogue was held at New Delhi. The Indian delegation was led by Shri Mahaveer Singhvi, Joint Secretary for Counter Terrorism at the Ministry of External Affairs of India, while the European Union’s delegation was led by Mr. Pawel Herczynski, Director for Security Policy, European External Action Service.
ii. The next India-European Union Counter Terrorism Dialogue will take place in Brussels in 2018. Both sides had exchanged views and assessments on prevailing terrorist threats in their respective regions including state-sponsored, cross-border terrorism in the Af-Pak region.
iii. The discussions included regarding the current challenges posed by various terrorist entities, radicalisation and violent extremism, Foreign Terrorist Fighters and combating financing of terrorism.

6. HARSIMRAT KAUR BADAL LAUNCHES COMMON FOOD PROCESSING INCUBATION CENTER FOR SHALLOTS IN PERAMBALUR, TAMILNADU
i. Union Food Processing Minister Harsimrat Kaur Badal has inaugurated a unit to process small onions in Perambalur district in Tamil Nadu.
ii. With this new unit it will help farmers of this region to earn extra income. The unit, set up at Chettikulam village at a cost of Rs 1 cr, will process small onions to produce vacuum packed peeled onion, onion paste, onion flakes and onion powder.
iii. Farmers in Perambalur district are producing 70,000 tonnes of shallots per year in a cultivation area of 8,000 hectares land.
iv. Mission Banana was implemented in the previous year and this year it is Mission Onion.

7. BRICS INNOVATIVE COMPETITIVENESS REPORT 2017
i. BRICS Innovative Competitive Report 2017 was released by China Science and Technology Exchange Centre. The report says India is expected to surpass China in innovation competitiveness between 2025-2030.
ii. At present, China is the leading BRICS nation in innovation competitiveness. The report is a huge confidence booster for Indian government’s efforts at improving the innovation environment in the recent years.
iii. The report predicts that growth rate of Russia would also fall in coming years and India would take over Russia in terms of its comprehensive Science Technology and Innovation competitiveness by 2030.

8. RAJIV GAUBA APPOINTED AS UNION HOME SECRETARY
i. Rajiv Gauba has appointed as Union Home Secretary for fixed 2 year tenure. Gauba replaced Rajiv Mehrishi. He is a 1982-batch IAS officer of the Jharkhand cadre.
ii. Gauba would be dealing with issues like internal security, militancy in Jammu and Kashmir and the Northeast, Maoist problems in the central and east India besides other issues.
iii. Gauba graduated in Physics from Patna University. In his previous term as additional secretary in Home Ministry, Gauba looked after the Left-Wing Extremism division.
iv. He served in Jharkhand as the chief secretary for 15 months before joining the central government.

OBJECTIVE QUESTIONS BASED ON TODAY’S NEWS

Q1. WHICH TWO STATES WERE THE FASTEST EXPANDING STATE ECONOMIES IN 2015-16 ACCORDING TO THE CENTRAL STATISTICS OFFICE PUBLISHED NEW SERIES OF GROSS STATE DOMESTIC PRODUCT  DATA WITH 2011-12?
a)  Karnataka and Jammu & Kashmir
b)  Jammu & Kashmir and Arunachal Pradesh
c)  Maharashtra and Karnataka
d)  West Bengal and Arunachal Pradesh
Q2. WHICH COUNTRY AND INDIA HAD FOURTH SESSION OF THE JOINT TRADE COMMITTEE MEETING WAS HELD IN NEW DELHI?
a)  Vietnam
b)  Libya
c)  Canada
d)  Tanzania
Q3. WHO HAS BEEN APPOINTED AS UNION HOME SECRETARY FOR FIXED TWO YEAR TENURE?
a)  Rajiv Mehrishi
b)  Jagat Prakash Nadda
c)  Rajiv Gauba
d)  Kiren Rijiju
Q4. WHICH COUNTRY IS THE LEADING BRICS NATION IN INNOVATION COMPETITIVENESS ACCORDING TO THE BRICS INNOVATIVE COMPETITIVE REPORT 2017?
a)  China
b)  Brazil
c)  South Africa
d)  India
Q5. WHERE DID HARSIMRAT KAUR BADAL LAUNCH COMMON FOOD PROCESSING INCUBATION CENTER FOR SHALLOTS?
a)  Kozhikode,Kerala
b)  Perambalur ,Tamilnadu
c)  Dhemaji,Assam
d)  Ballari,Karnataka

ANSWERS: 

1 - B    2 - D    3 - C    4 - A    5 - B