Choose Your Language

Wednesday, February 7, 2018

DAILY CURRENT AFFAIRS: 5 FEB 2018

DAILY CURRENT AFFAIRS: 5 FEB 2018
(DAILY NEWS INDIA)
SHARED BY: WWW.DAILYGK.IN

1.      INDIA ACHIEVES 20 GW OF INSTALLED SOLAR CAPACITY WITHIN EIGHT YEARS
i. According to the latest India research report by green energy market tracker Mercom Capital, India has achieved 20 GW cumulative solar power capacity. Out of 20 GW, utility-scale cumulative installations stand at approximately 18.4 GW, while rooftop solar accounts for another 1.6 GW.
ii.  20 GW capacity has been attained 4 years ahead of the 2022 target set under National Solar Mission. Solar Power was the top source of new power capacity additions in India during the calendar year 2017. During 2017, Solar power accounted for 45% of total capacity additions.
iii. After coming to power in 2014, Modi Government revised the target under National Solar Mission to 100 GW of solar capacity by 2022.

2.      IWAI SIGNS PROJECT AGREEMENT WITH WORLD BANK FOR JAL MARG VIKAS PROJECT
i. Inland Waterways Authority of India has signed a project agreement with the World Bank for Jal Marg Vikas Project on river Ganga.
ii. The World Bank entered into a USD 375 million loan agreement with the Department of Economic Affairs, Union Ministry of Finance for Jal Marg Vikas Project.

DAILY CURRENT AFFAIRS: 4 FEB 2018

DAILY CURRENT AFFAIRS: 4 FEB 2018
(DAILY NEWS INDIA)
SHARED BY: WWW.DAILYGK.IN

1.      MAHARASHTRA GOVT APPROVES NEW WILDLIFE SANCTUARY AT GHODAZARI
i. Maharashtra State Government has approved Ghodazari in Chandrapur district as a new wildlife sanctuary in the state. This decision was taken at the 13th meeting of the Maharashtra State Board for Wildlife, held on January 31, 2018.
ii. The meeting was chaired by Maharashtra CM Devendra Fadnavis. The new wildlife sanctuary will include 159 sq km of Brahmapuri forest. This decision will not only help in conserving the forest but will also benefit nearly 40 villages in the region on account of consequential increase of tourism related activities.

DAILY CURRENT AFFAIRS: 3 FEB 2018

DAILY CURRENT AFFAIRS: 3 FEB 2018
(DAILY NEWS INDIA)
SHARED BY: WWW.DAILYGK.IN

1.      PM MODI INAUGURATES GLOBAL INVESTMENT SUMMIT IN ASSAM
i. The first two-day Global Investment Summit has been organized in Assam. The summit emphasises on promoting investments in the state and the North East. The conference was inaugurated by Prime Minister Narendra Modi.
ii. Businessmen like Ratan Tata and Mukesh Ambani are taking part in the Summit. Investor's from Bhutan, Bangladesh, Germany and Japan as well as ASEAN countries will attend the summit.

2.      CRISIL, SIDBI LAUNCH INDIA’S FIRST MSE SENTIMENT INDEX
i. The Union Minister for Finance and Corporate Affairs Mr Arun Jaitley launched CriSidEx, India’s 1st sentiment index for micro and small enterprises developed jointly by CRISIL & SIDBI.
ii. CriSidEx is a composite index based on a diffusion index of 8 parameters and measures MSE business sentiment on a scale of 0 (extremely negative) to 200 (extremely positive).
iii. CriSidEx will have 2 indices, one for the ‘survey quarter’ and another for the ‘next quarter’ once a trend emerges after few rounds of the survey, providing independent time series data.

3.      EAM SUSHMA SWARAJ GOODWILL VISIT TO NEPAL- COMPLETE COVERAGE
i. External Affairs Minister Sushma Swaraj has returned home after successful completion of the goodwill visit to Nepal. This was the 1st high-level visit from India after completion of historic three-tier elections in Nepal.
ii. In her 1st meeting, Swaraj held talks with CPN (Maoist Center) Chairman Pushpa Kamal Dahal Prachanda.
iii. EAM also held discussions with Prime Minister Sher Bahadur Deuba and Sanghiya Samajwadi Forum Nepal, Chairman Upendra Yadav.

4.      SHABNAM ASTHANA WINS TIMES POWER WOMAN 2017 AWARD
i. Shabnam Asthana was awarded the 'Times Power Women of the Year 2017'- Pune for Global PR. The Times Group celebrated the invaluable contribution of women by introducing The Times Power Woman 2017 awards.
ii. The award was conferred on her by Dilip Kamble, Minister of State for Social Justice and Special Assistance in the Government of Maharashtra.

DAILY CURRENT AFFAIRS: 2 FEB 2018

DAILY CURRENT AFFAIRS: 2 FEB 2018
(DAILY NEWS INDIA)
SHARED BY: WWW.DAILYGK.IN

1.      UNION GOVERNMENT PROPOSES KEY AMENDMENTS TO PREVENTION OF MONEY LAUNDERING ACT, 2002
i. The Union government proposed changes to various provisions of the Prevention of Money Laundering Act, 2002 through the Finance Bill. The amendments are expected to make the implementation of PMLA more effective.
ii. One of the key amendments empowers the Special Court to restore confiscated assets to the rightful claimants even during the trial. The amended definition of "proceeds of crime" allows the Enforcement Directorate to proceed against assets of equivalent value located even outside the country.

2.      INDIA JOINS ASHGABAT AGREEMENT
i. India has joined Ashgabat Agreement on the establishment of an International Transport and Transit Corridor between the Iran, Oman, Turkmenistan and Uzbekistan.
ii. According to the External Affairs Ministry, the accession to the Agreement would diversify India’s connectivity options with Central Asia and have a positive influence on its trade and commercial ties with the region.

3.      7TH INDIA ENERGY CONGRESS HELD IN NEW DELHI
i. The 7th India Energy Congress was held in New Delhi. The theme of the 7th edition of India Energy Congress theme is 'Energy 4.0: Energy Transition Towards 2030'.
ii. The India Energy Congress is the flagship event of World Energy Council India and joint event of ministries of power, coal, new & renewable energy, petroleum & natural gas, external affairs and Department of Atomic Energy.

DAILY CURRENT AFFAIRS: 1 FEB 2018

DAILY CURRENT AFFAIRS: 1 FEB 2018
(DAILY NEWS INDIA)
SHARED BY: WWW.DAILYGK.IN

1.      UNION BUDGET 2018-19: COMPLETE ANALYSIS
i. As per the FM in the Union Budget, India is expected to become the 5th largest economy very soon.  The Growth rate is expected between 7.2-7.5% in the second half of 2017-18. Exports are expected to grow 15% in 2018.
ii. As per the FM, India is a Rs 2.5 trillion economy. MSP to increase at least 1.5 times that of production cost. Minimum Support Price of all crops shall increase to at least 1.5 times that of the production cost.
iii. The government will set up a fund of Rs 2,000 cr for developing agricultural markets. Our focus is on productive and gainful on-farm and non-farm employment for farmers and landless families, says Jaitley.
iv. MSP for Kharif cost will be 1.5 times the cost of production. As per the FM, APMCs will be linked with ENAM. The government will develop 22,000 Gramin agricultural markets.
v. The cluster-model approach will be adopted for agricultural production. Allocation in food production sector doubled to Rs 1400 cr. Minimum Support Price shall be increased by 1.5 times. Operation Green will be launched for agriculture and the Minister allocates Rs 500 cr for this.
vi. Agricultural corpus worth Rs 2000 cr will be set up. 470 APMCs have been connected to eNAM network, the rest to be connected by March 2018. A fund for the fishery, aquaculture development and animal husbandry will be set up with a total corpus to be Rs 10,000 cr. We will also allocate Rs 1290 cr for a bamboo mission, as it is green gold. In all, we are providing Rs 10 lakh cr to Rs 11 lakh cr as credit for agricultural activities.
vii. Jaitley proposes to increase the target of providing free LPG connections to 8 cr to poor women. Ujjwala Yojana, the free LPG connection scheme expanded to eight cr households. Six cr toilets have been built already, and in the next year, two cr additional toilets will be constructed.
viii. The government will provide 4 cr electricity connections to the poor under Saubhagya Yojana. Kisan credit card to be extended to fisheries, animal husbandry farmers. The government will establish a dedicated affordable housing fund. Loans to self-help groups will increase to Rs 75,000 cr.
ix. Govt. allocated Rs 5,750 cr to National Livelihood Mission and Rs 2,600 cr to the groundwater irrigation scheme. Ayushman Bharat program discussed. Eklavya schools for tribal children. 24 new government medical colleges.
x. Government is implementing a comprehensive social security scheme. Govt. will initiate an integrated B-Ed programme for teachers. Government proposes to launch the Revitalising of Infrastructure and Systems of Education by next year.
xi. Govt. proposed to set up two new full-fledged schools of planning and architecture. 18 new schools of planning and architecture will be set up in the IITs and NITs. Rs.1 lakh cr over 4 years for initiative for Infrastructure Devt. in education.
xii. National health protection scheme to cover 10 cr poor families. Health cover of up to 5 lakh per family per year for poor & vulnerable. National health protection scheme to benefit 50 cr people. Rs. 600 cr for nutritional support to all TB patients. This will build a new India in 2022 and enhance productivity and will also generate lakhs of jobs for women.
xiii. Rs. 1200 cr for health and wellness centres. Govt. is launching a new national health protection scheme – Rashtriya Samaj Beema Yojana. This will have 50 crore beneficiaries and 10 crore families will get 5 lakh per year for their families to cover secondary and tertiary hospital expenses. This is the world's largest government-funded healthcare program.
xiv. PM Jeevan Beema Yojana benefitted more than 2 crore families. Jan Dhan Yojana will be extended to all 60 cr bank accounts. The government increased allocation for SC-ST earmarked programmes: Rs 56,000 cr for SCs and Rs 39,000 cr for STs.
xv. The government will announce measures to address non-performing assets of MSMEs. As per the FM, Rs. 3 lakh cr for lending under is being allocated in FY 19 for PM's MUDRA Yojana.
xvi. Govt to contribute 12% of wages of new employees to EPF for 3 yrs. Rs. 7148 cr allocation for the textile sector. Govt. will launch a scheme for Galvanising Organic Bio-Agro Resources Dhan. Under the Smart City mission, 99 cities selected with the outlay of Rs. 2.04 lakh crores.
xvii. EPF contribution has been reduced to 8% for the first 3 years of employment and 12% government contribution to EPF in sectors employing a large number of people, however, there will be no changes in employer contribution. 10 tourist cities to be developed into iconic tourist destinations. 600 railway stations to be redeveloped. Over 3600 km railway track renovation targeted in the current year.
xviii. Scheme for revitalizing school infrastructure, with an allocation of 1 lakh crore rupees over four years. Called RISE - Revitalizing Infrastructure in School Education. The Bharatmala project has been approved and we are confident of completing 9000 km of highway construction. In Railways, 18,000 kms of doubling of tracks would eliminate capacity constraints.
xix. We are moving towards optimum electrification of railway. Over 3,600 km of track renewal is being targeted in 2018-19. 150 km additional suburban railway network at the cost of Rs. 40,000 cr. Regional air connectivity scheme shall connect 56 unserved airports. Airport capacity to be hiked to handle 1 billion trips per year. Training for 50 lakh youth by 2020. Customs duty increased on mobile phones from 15% to 20%.

DAILY CURRENT AFFAIRS: 31 JAN 2018

DAILY CURRENT AFFAIRS: 31 JAN 2018
(DAILY NEWS INDIA)
SHARED BY: WWW.DAILYGK.IN

1.      INS KARANJ- THIRD SCORPENE CLASS SUBMARINE LAUNCHED BY INDIAN NAVY
i. Indian Navy launched 'INS Karanj', the third of the six indigenous Scorpene-class submarines. The submarine, equipped with superior stealth features and precision-guided weapons, has been built at Mumbai's Mazagon Dock Shipbuilders Limited.
ii. Admiral Sunil Lanba, Chief of the Naval Staff, was the chief guest on the occasion. The submarine has an overall length of 67.5 meters and a height of about 12.3 metres.

Popular Posts