DAILY CURRENT AFFAIRS: 28 JUNE 2018

DAILY CURRENT AFFAIRS: 28 JUNE 2018

(DAILY NEWS INDIA)

                                  SHARED BY: WWW.DAILYGK.IN

1.      GOVERNMENT APPROVES DRAFT ACT TO REPLACE UGC WITH HECI

i. The Union Ministry of Human Resource Development proposed a draft bill to repeal the University Grants Commission  and set up the Higher Education Commission of India .

ii.This move that aims to reform higher education in India.

ii. The draft Act is in accordance with the commitment of Government for reforming the regulatory systems that provide for more autonomy and facilitate the holistic growth of the education system.

iii. The Act entitled ‘Higher Education Commission of India Act, 2018 (Repeal of University Grants Commission Act)’ revamps UGC Act, 1951 and its parent legislation completely.

2.      GOVERNMENT APPROVES 2 MORE STRATEGIC OIL STORAGES IN ODISHA AND KARNATAKA

i. The government has decided to set up two more underground crude oil storages in Odisha and Karnataka to increase emergency stockpile cover by 12 days to 22 days.

ii.The Cabinet has approved setting up of 4 million tonne  storage at Chandikhole in Odisha and 2.5 MT storage at Padur in Karnataka.

ii. The storages will be additional to the existing rock caverns to shore 5.33 MT of crude Visakhapatnam (1.33 MT), Mangalore (1.5 MT) and Padur (2.5 MT).

Dharmendra Pradhan is the present Minister of Petroleum and Natural Gas.

3.      PAKISTAN PLACED ON FATF’S ‘GREY LIST’

i. Pakistan has been placed on the grey list by the Financial Action Task Force for failing to curb anti-terror financing despite its diplomatic efforts to avert the decision.

ii. The decision was taken at the global financial watchdog Financial Action Task Force’s  plenary session in Paris where Finance Minister Shamshad Akhtar represented Pakistan.

The FATF is an inter-governmental body established in 1989 to combat money laundering, terrorist financing and other related threats to the integrity of the international financial system.

4.      ‘SAGARMALA’ RECEIVES GOLD AWARD AT 52ND SKOCH SUMMIT 2018

i. The Ministry of Shipping’s flagship programme for port-led-prosperity ‘Sagarmala’ received the ‘Gold Award’ in infrastructure sector in the recently concluded 52nd Skoch Summit 2018 in New Delhi.

ii. The Sagarmala Programme also received the ‘Order of Merit’ at the Summit. The Skoch Awards recognize leadership and excellence in accelerating socio-economic changes.