DAILY CURRENT
AFFAIRS: 1 SEP 2017
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
