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Friday, November 2, 2018

DAILY CURRENT AFFAIRS: 25 OCT 2018


                                        DAILY CURRENT AFFAIRS: 25 OCT 2018
(DAILY NEWS INDIA)
                                     SHARED BY: WWW.DAILYGK.IN

1.      INDIA, IRAN, AFGHANISTAN HOLD FIRST TRILATERAL ON CHABAHAR PORT PROJECT
i. India, Afghanistan and Iran held their first trilateral meeting on Chabahar port project in Tehran, Iran.
ii. The meeting held discussions on full operationalisation of the trilateral Agreement for international transit and transport through Chabahar port.
iii. In May 2016, India, Iran and Afghanistan had signed a pact for establishment of a transit and transport corridor among the three countries using Chabahar Port as one of the regional hubs.

2.      SIX-MEMBER OVERSEEING COMMITTEE  SET UP TO RESOLVE STRESSED ASSETS
i. The Overseeing Committee that is formed up under the inter-creditor agreement  for resolution of stressed assets will have 6 members.
ii. The members of committee includes Janki Ballabh (former Chairman, State Bank of India), MBN Rao (former Chairman & Managing Director, Canara Bank), M Damodaran (former Chairman, SEBI) and HR Khan (former Deputy Governor, RBI).
iii. Overseeing Committee is set up under the administration of Indian Banks’ Association.
It will approve resolution plans for stressed assets submitted by lead lenders.

3.      PRIME MINISTER NARENDRA MODI TO BE AWARDED THE 2018 SEOUL PEACE PRIZE
i. The Seoul Peace Prize Committee has decided to confer the 2018 Seoul Peace Prize on Prime Minister Narendra Modi.
ii. Prime Minister Narendra Modi is conferred this award in recognition of his efforts to improve international cooperation, global economic growth, Human Development of people of India, economic growth in the world’s fastest growing large economy and development of democracy through anti-corruption and social integration efforts.


4.      INVEST INDIA WINS UN AWARD FOR EXCELLENCE IN PROMOTING INVESTMENTS IN SUSTAINABLE DEVELOPMENT
i. Invest India, India’s investment promotion body, won the UN Award for excellence in promoting investments in sustainable development.
ii. The award presented to Deepak Bagla, CEO of Invest India, at the World Investment Forum, Geneva.
iii. Invest India received the award for excellence in servicing and supporting a major global wind turbines company to set up a blade manufacturing plant in India and committing to train local staff and produce 1 gigawatt of renewable energy.

5.      MAIN NAHIN HUM” PORTAL AND APP LAUNCHED
i. Prime Minister Narendra Modi launched the “Main Nahin Hum” Portal and App.
The “Main Nahin Hum” portal works on the theme “Self4Society”.
ii. It will act as a single platform to help IT professionals and organizations to bring together their efforts towards social causes, and service to society.
iii. It would enhance collaboration towards the service of the weaker sections of society, through technology.

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