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Friday, December 22, 2017

DAILY CURRENT AFFAIRS: 21 DEC 2017

DAILY CURRENT AFFAIRS: 21 DEC 2017
(DAILY NEWS INDIA)
SHARED BY: WWW.DAILYGK.IN

1.      CABINET APPROVES ESTABLISHING INDIA'S 1ST NATIONAL RAIL AND TRANSPORTATION UNIVERSITY
i. The Union Cabinet chaired by PM Narendra Modi has approved the Ministry of Railways' transformative initiative to set up India's first ever National Rail and Transport University in Vadodara, Gujarat to skill its human resources and build capability.
ii. Government is planning to launch the first academic program in July 2018. The funding of the new University/Institute is to entirely come from Ministry of Railways.

2.      DARPAN PROJECT LAUNCHED FOR FINANCIAL INCLUSION OF RURAL POPULATION
i. The Minister of Communications Manoj Sinha launched DARPAN- “Digital Advancement of Rural Post Office for A New India” Project to improve the quality of service, add value to services and achieve 'financial inclusion' of the unbanked rural population.
ii. The goal of the IT modernization project with an outlay of Rs. 1400 Cr is to provide a low power technology solution to each Branch Postmaster (BPM) which will enable each of approximately 1.29 Lakhs Branch Post Offices to improve the level of services being offered to rural customers across all the states.

3.      CABINET APPROVES "SCHEME FOR CAPACITY BUILDING IN TEXTILES SECTOR"
i. The Cabinet Committee on Economic Affairs has given its approval for a new skill development scheme covering the entire value chain of the textile sector excluding Spinning & Weaving in organized Sector, titled "Scheme for Capacity Building in Textile Sector" from 2017-18 to 2019-20 with an outlay of Rs. 1300 cr.
ii. The scheme will have National Skill Qualification Framework compliant training courses. The objectives of the scheme are to provide demand-driven, placement oriented skilling program to incentivize the efforts of the industry in creating jobs in the organized textile and related sectors.

4.      UK TOPS FORBES' LIST OF BEST COUNTRIES FOR BUSINESS IN 2018
i. The United Kingdom has topped Forbes' rankings of best countries in the world for business in 2018 for the 1st time, up from fifth last year. The list ranks 153 countries on 15 factors including property rights, innovation, taxes and red tape.
ii. The UK is followed by New Zealand and the Netherlands, while India was ranked 62nd on the list. The UK's $2.6 trillion economy is the fifth largest in the world.  The world’s 2nd (China) and third (Japan) biggest economies rank 66th and 21st, respectively. Chad ranks last for the third straight year.

DAILY CURRENT AFFAIRS: 20 DEC 2017

DAILY CURRENT AFFAIRS: 20 DEC 2017
(DAILY NEWS INDIA)
SHARED BY: WWW.DAILYGK.IN

1.      INDIA, MYANMAR INK MOU FOR DEVELOPMENT OF RAKHINE STATE
i. India and Myanmar signed MoU on Rakhine State Development Programme and on Government to Government agreement on long-term socio-economic development of the state.
ii. This MoU is the 1st G to G agreement signed by the Ministry of Social Welfare, Relief and Resettlement of Myanmar. Under this MoU, Government of India proposes to take up, among others, a project to build prefabricated housing in Rakhine State so as to meet the immediate needs of returning people.

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