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Important Current Affairs 23rd May 2017

Important Current Affairs 23rd May 2017

Current Affairs 23rd May 2017: NATIONAL NEWS

Railway Minister inaugurated free Wi-Fi facility at 28 Railway Stations

Minister of Railways, Suresh Prabhakar Prabhu inaugurated free Wi-Fi facility at 28 stations on the Konkan Railway on 21 May 2017.
●    The provision has been made possible through a tie-up between Indian Railways and the broadband and internet service provider SYSCON/Joister.
●    The free internet would be available at a speed of 2 Mbps for the whole of 24 hrs. 
●    The initiative is in line with the Union government’s Digital India campaign.
●    The service providers, SYSCON/JOISTER, which are already providing JOISPOT brand Wi-Fi in Pune & Mumbai institutes, have undertaken the project as a part of their Corporate Social Responsibility (CSR) activity.

Paytm launches Payments Bank

Digital payment wallet service Paytm on 23 May 2017 launched its Payments Bank operations by launching its first physical branch in Noida. 
●    Paytm Payments Bank will be the first bank in the country to offer cashbacks on deposits. 
●    The bank will now be expanded to 31 branches and 3000 customer service points in the first year.
●    With this launch, there are now three payments bank operational in the country, the other two being Airtel Payments Bank Ltd and India Post Payments Bank Ltd.
●    As a Payments Bank, Paytm will be able to accept deposits up to Rs 1 lakh per customer in savings or current accounts.
●    Customers will also be offered zero charges on all online transactions and no minimum balance requirement.
●    For Savings Accounts, it will offer an interest of 4 per cent per annum in line with the interest rates of all leading commercial banks. 
●    It will also offer current accounts to its millions of merchants.

India becomes second largest steel producer in the world

As per the data released by the International Stainless Steel Forum (ISSF) in May 2017, India overtook Japan to become the second-largest steel producer in the world in 2016.
●    The data was released by the International Stainless Steel Forum at a annual conference in Tokyo, Japan.
●    India’s stainless steel production rose to 3.32 million tons for 2016. 
●    The data showed a growth of about 9 per cent over 3.0 million tons achieved in 2015.
●    As per the data, the top producer of the steel of the world in the year 2016 is China.
●    During 2014 and 2015, India was the third largest producer of raw steel and the largest producer of sponge iron in the world.
●    The industry produced 91.46 million tons of total finished steel and 9.7 million tons of pig iron.
●    Most iron and steel in India is produced from iron ore.
●    Most of the public sector undertakings market their steel through the Steel Authority of India (SAIL).

Current Affairs 23rd May 2017: AWARDS

India’s Rohan Chakravarty wins WWF International President’s Award

Rohan Chakravarty, Indian wildlife and environment cartoonist, in May 2017 won 2017 WWF International President’s Award.
●    Chakravarty has been honoured for his efforts to inspire change and attitudes towards nature.
●    Chakravarty, under the banner of Green Humour, runs a series of cartoons on nature conservation issues. 
●    It is possibly one of the largest cartoon collections in the genre in India today.
●    Green Humour is published across several wildlife and environment magazines and newspapers.
●    It is also the first Indian comic strip to be distributed internationally.
●    The wildlife and environment cartoonist was announced as one of the two winners of the award, alongside Indonesian environmental youth champion, Adeline Tiffanie Suwana.
●    The 2017 WWF International President’s Award was presented in Manado, Indonesia.
●    The WWF International President’s Award is the global conservation organization’s top honour to recognize outstanding leadership in young conservationists from around the world.
 

Current Affairs 23rd May 2017: INTERNATIONAL NEWS

Bilateral meetings – Ecuador and Colombia (16-19 May, 2017)

Commerce Secretary, Ms. Rita Teaotia led an official and a business delegation to Ecuador and Colombia from 16th to 19th May, 2017.
●    In Ecuador, she held bilateral meetings with Minister of Commerce of Ecuador, Mr. Juan Carlos Cassinelli and discussed bilateral trade and investment relations.
●    A meeting with the Industry representatives of both sides was also held which was attended by Commerce Secretary and Mr. Juan Carlos. 
●    From Indian side companies representing sectors like Pharma, IT, Auto, Mining & construction, Bio Fuels, Agro-Chemicals, Iron & Steel and Textiles and FICCI representatives were present. 
●    From Ecuador side Pro Ecuador and their business representatives participated in the meeting.
●    During the visit, Commerce Secretary co-chaired the First Meeting of the Joint Economic and Trade Committee (JETCO). 
●    From the Ecuador side meeting was co- chaired by the Vice Minister of Trade, Integration and Trade Remedies, Dr. Humberto Jiménez.
●    Both India and Ecuador agreed to take actions to boost their bilateral relations in order to promote a growing and balanced trade in potential sectors.

Current Affairs 23rd May 2017: SPORTS

Mumbai Indians beat Rising Pune Supergiant to win 2017 IPL

Mumbai Indians on 21 May 2017 defeated Rising Pune Supergiant by 1 run to clinch the tenth edition of the Indian Premier League. 
●    It is the third time that the Mumbai Indians clinched the IPL winner title.
●    With the win, Mumbai Indians became the first team to win three IPL titles.
●    Krunal Pandya of Mumbai Indians was declared the Man of the Match.
●    Sunrisers Hyderabad David Warner was termed the leading runscorer of the tournament with 641 runs. 
●    Bhuvneshwar Kumar of Sunrisers Hyderabad was the leading wicket-taker of the tournament with 26 wickets.
●    The Mumbai Indians is a franchise cricket team in the Indian Premier League.
●    The franchise is owned by India's biggest conglomerate, Reliance Industries, through its 100% subsidiary IndiaWin Sports.

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Important Current Affairs 22nd May 2017

Important Current Affairs 22nd May 2017

Current Affairs 22nd May 2017: NATIONAL NEWS

NDMA conducts training programme for CBRN emergencies

A training programme being conducted by the National Disaster Management Authority (NDMA) began here today to improve the preparedness of Parliament House Complex (PHC) security staff to respond to CBRN emergencies, encompassing threats emanating from the use of Chemical, Biological, Radiological and/or Nuclear (CBRN) material. 
●    The five-day training programme will train security personnel of PHC on various aspects of CBRN emergencies. 
●    Speaking on the occasion Shri R.K. Jain, Member, NDMA said, "In today's world, CBRN emergencies have become a reality. 
●    Comprehensive planning, preparedness and an effective response strategy will equip us to deal with such exigencies effectively." 
●    Underlining the need for CBRN training, Dr. D.N. Sharma, Member, NDMA, said that even small CBRN accidents can trigger immense psychological distress among people. 
●    "It is, therefore, important that our security personnel are able to deal with such eventualities holistically," said Dr. Sharma.

Shri Amitabh Kant, CEO, NITI Aayog to inaugurate National Conference of Micro Mission of National Police Mission being organised by the BPR&D

Shri Amitabh Kant, Chief Executive Officer (CEO) of NITI Aayog (National Institution for Transforming India), will inaugurate the 1st National Conference of Micro Missions of National Police Mission (NPM) here tomorrow. 
●    The two-day Conference is being organised by the Bureau of Police Research & Development (BPR&D), under the Ministry of Home Affairs (MHA). 
●    During the conference, there will be sessions on the eight Micro Missions working under the BPR&D on issues including Proactive Policing and Visualizing Future Challenges (Extremism and Naxalism – Mob Violence – Cyber Crime – Money Laundering – Narco Terrorism – Human trafficking etc.) and Communication and Technology (Polnet – CIPA – Cyber Techniques – Forensic Science – DNA – Narco Analysis etc.). 
●    Panelists will include Shri RR Bhatnagar, DG, Central Reserve Police Force (CRPF), Shri Krishna Chaudhary, DG, Indo-Tibetan Border Police (ITBP), Smt. Rina Mitra, Special Secretary (IS), MHA and Dr. Meeran C. Borwankar, Director General, BPR&D. 
●    Noble Peace Laureate Shri Kailash Satyarthi will be the Chief Guest during the Valedictory Session on May 24, 2017. 
●    NPM is working to transfrom the Police Forces in the country into effective instrument for maintenance of Internal Security and meeting challenges of the next century, by equipping them with the necessary material, intellectual and organisational resources and to create a “New Vision” for the police.

Dr. Harsh Vardhan assumes charge as Environment Minister

Dr. Harsh Vardhan, Minister for Science and Technology and Minister for Environment, Forest and Climate Change, assumed charge at the IP Bhavan here today, following the sudden and untimely demise of former Minister of State (Independent Charge) Shri Anil Madhav Dave, last Thursday.  
●    He commenced his visit to the office by first planting a sapling in the memory of Late Shri Anil Madhav Dave in the premises of IP Bhavan. He felt humbled at taking over charge of the Ministry of Environment, Forest and Climate Change and recalled the contribution of Late Shri Dave as a great champion of river conservation and environment.  
●    He pointed out that Shri Dave’s love for children was evident in his belief to restore our environment for our children.  “Dave ji did a great deal of work to protect our rivers, forests, ecosystem with the passion and the dedication of a true environmentalist”, he said. 
●    Dr. Harsh Vardhan recalled the words of Shri Anil Madhav Dave, who used to say, ‘If I can, so can we’. 
●    The Minister emphasised that the Ministry will always keep in mind the last wish of Late Shri Dave of environmental protection by planting, protecting and nurturing trees and of cleaning rivers and ponds.


 

Railways Minister Suresh Prabhu launches high speed Tejas Express

Railways Minister Suresh Prabhu on 22 May 2017 launched high speed, air-conditioned Tejas Express,  a premium luxury train that will run from Mumbai to Goa.
●    This luxury train boasts of several modern facilities on-board like LED TV and tea/coffee vending machine. The train will operate five days a week during non-monsoon period, and three days a week during monsoon period.
●    It encompasses ultra-modern amenities like on-board infotainment, Wi-Fi, CCTV, fire and smoke detection facilities, tea and coffee vending machine etc.
●    It is India's first premium train that is capable of running at 200 kms per hour, that is it is named as 'Aeroplane on Tracks'. However, due to constraints related to rail tracks, it will run at a speed of 160 kilometres per hour.
●    It is manufactured at the Rail Coach Factory in Kapurthala. It has automatic entrance door, a first in non-suburban train in Indian railways. The graffiti proof and vinyl-wrapped exterior has a bright orange and yellow colour theme.
●    Tejas Express will operate between Mumbai and Karmali (Goa) for five days a week during non-monsoon period and three days a week during monsoon. It will have stops at Dadar, Thane, Panvel, Ratnagiri and Kudal stations.
●    Its executive AC chair car has 56 seating capacity and its AC chair cars has 78 seating capacity. There are 12 AC chair cars in Tejas.
●    Executive Class Fare of Tejas is Rs 2680 (with food) and Rs 2525 (without food). For AC chair car, the fare is Rs 1280 (with food) and Rs 1155 (without food).

Current Affairs 22nd May 2017: ECONOMY

Government of India announces the Sale/ Reissue of Floating Rate Bonds and Government Stock

Government of India has announced the Sale (re-issue) of:
●    “Government of India Floating Rate Bonds 2024” for a notified amount of Rs. 3000 crore (nominal) through price based auction
●    “6.79 per cent Government Stock, 2027” for a notified amount of Rs. 8,000 crore (nominal) through price based auction,
●    “7.73 per cent Government Stock 2034” for a notified amount of Rs. 2,000 crore (nominal) through price based auction,
●    “7.06 per cent Government Stock, 2046” for a notified amount of Rs. 2,000 crore (nominal) through price based auction.
●    The auctions will be conducted using multiple price method. The auctions will be conducted by the Reserve Bank of India, Mumbai Office, Fort, Mumbai on May 26, 2017 (Friday).
●    Up to 5% of the notified amount of the sale of the stocks will be allotted to eligible individuals and Institutions as per the Scheme for Non-Competitive Bidding Facility in the Auction of Government Securities.
●    Both competitive and noncompetitive bids for the auction should be submitted in electronic format on the Reserve Bank of India Core Banking Solution (E-Kuber) system on May 26, 2017. 
 

Current Affairs 22nd May 2017: GLOBAL NEWS

Hassan Rouhani re-elected as President of Iran

Hassan Rouhani was on 20 May 2017 re-elected as the President of Iran after winning the Iranian presidential elections 2017. 
●    This will be his second term as Iran's President. Rouhani won his second term by presenting himself as the candidate of change and social freedoms that ended many sanctions.
●    Rouhani was first elected as Iran's President in 2013. He won 2013 elections by pledging to end Iran’s isolation and improve civil rights.
●    In the Iranian President Elections, Hassan Rouhani defeated his Conservative opponent Ebrahim Raisi by winning a total of 23549616 votes out of 41220131 votes. While Raeisi received around 15786449 ballots. 
●    Two other participants, who were defeated in the elections, Mostafa Mirsalim and Mostafa Hashemi won 478215 and 215450 votes respectively.
●    This year, Iran witnessed a heavy turnout in votes as more than 70 per cent of Iran’s 56 million voters casted ballots.

Current Affairs 22nd May 2017: DAYS AND DATES

International Day for Biodiversity Celebrated all over the Country

The International Day for Biodiversity (IDB) 2017 was celebrated all over the country today, by different States and various organisations. 
●    The national level celebrations of IDB were held at Dinanath Mangeshkar Auditorium, Kala Academy in Goa, with enthusiastic participation of all stakeholders. Chief Minister of Goa, Shri Manohar Parrikar was the chief guest on the occasion. 
●    In his address, Shri Parrikar stressed upon the community connect and people’s participation for Biodiversity Conservation. 
●    He also gave a message on afforestation and called for responsible development through effective and scientific pollution control system by citing the experiences of solid waste disposal of Goa, which is a model system for others to emulate. 
●    The Chief Minister inaugurated an exhibition on the theme and Green Haat, which had exhibits from 12 States including Sikkim, Uttar Pradesh, Madhya Pradesh, Andhra Pradesh, Chhattisgarh besides stalls from UNDP, GIZ, Zoological Survey of India, Botanical Survey of India, Goa Forest Department, Goa State Biodiversity Board and NBA. 
●    Exhibits, posters and other material highlighting the role of biodiversity in sustaining livelihoods were depicted at the exhibition. 
●    Several students and others interested participated enthusiastically in the exhibition. The dignitaries too walked through the exhibition. 
●    In her opening remarks, Dr. Amita Prasad referring to the theme and key objective of the Day (Biodiversity and Sustainable Tourism), highlighted the important role played by biodiversity in various economic sectors. 
●    Referring to the intrinsic linkages between biodiversity and tourism, she said that the country has succeeded in making the crucial paradigm shift from development and environment being seen as two ends of a spectrum, to having development while protecting the environment. 
●    Referring to the contribution of tourism industry in creating jobs, promoting local culture and fueling development, she highlighted the challenges and opportunities that sustainable tourism presents, while supporting nature conservation.

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Important Current Affairs 21st May 2017

Important Current Affairs 21st May 2017

Current Affairs 21st May 2017: NATIONAL NEWS

Union Cabinet approves construction of 10 units of India’s indigenous Pressurized Heavy Water Reactors

The Union Cabinet, presided by the Prime Minister Narendra Modi, on 17 May 2017 gave a green signal for the construction of 10 units of India’s indigenous Pressurized Heavy Water Reactors (PHWR).  
●    The move aims to fast-track India’s domestic nuclear power programme and give a push to country’s nuclear industry.
●    The 10 PHWR project will result in a significant augmentation of nuclear power generation capacity. 
●    The total installed capacity of the Plants will be 7000 MW.
●    In a first of its kind project for India’s nuclear power sector, the ten new units will come up in fleet mode as a fully homegrown initiative. 
●    It would be one of the flagship “Make in India” projects in this sector.
●    At present, the installed nuclear power capacity of Indian is 6780 MW from 22 operational plants.


Union Cabinet approves pan-India implementation of Maternity Benefit Program

The Union Cabinet, presided by the Prime Minister Narendra Modi, on 17 May 2017 gave ex-post facto approval to Pan-India implementation of Maternity Benefit Program.
●    The Program has been extended to all districts of the country with effect from 1 January 2017.
●    The Maternity Benefit Program will grant compensation for the wage loss in terms of cash incentives so that the women can take adequate rest before and after delivery and not be deprived of proper nutrition.
●    The total cost of the proposal for the period from 1 January 2017 to 31 March 2020 including Union and State Governments share is Rs. 12661 crore. 
●    The Government of India’s share during the period is around Rs. 7932 crore.
●    To provide partial compensation for the wage loss in terms of cash incentives so that the woman can take adequate rest before and after delivery of the first living child.

Visakhapatnam railway station cleanest, Darbhanga dirtiest

The Visakhapatnam railway station is the cleanest, followed by Secunderabad, among the 75 busiest stations in the country.
●    According to a survey, the report of which was released by railway minister Suresh Prabhu on Wednesday, the Jammu railway station occupied the third spot, while the New Delhi station was ranked at 39 among the busiest stations.
●    The survey was carried out by the Quality Council of India.
●    The Darbhanga railway station in Bihar was the dirtiest among the busiest stations.
●    Clean toilets at platforms, clean tracks and dustbins at stations were some of the criteria for judging railway stations for cleanliness.
●    This was the third survey on cleanliness done by the railways to keep a tab on rail premises as part of its ‘Swachh Rail’ campaign.
●    The Anand Vihar railway station was ranked at the 5th position, while Nizamuddin and Old Delhi stations were placed at 23th and 24th position.


BSF begins operation 'Garam Hawa' along international border

The BSF has started operation 'Garam Hawa' in the western sector in Rajasthan, under which vigil along the international border with Pakistan has been stepped up.
●    The operation, which started on Monday,will continue till May 23.
●    The operation is being conducted as chances of infiltration across the border increase during intense heatwave conditions, BSF DIG Ravi Gandhi said.
●    He said the main aim is to reinforce and strengthen the BSF's vigil along the border during the summer.
●    Defence Minister Arun Jaitley and Army Chief Gen Bipin Rawat will are also schedule to review the security situation and take stock of counter-terror operations in the Valley, which has been rocked with soaring turbulence recently besides the steady stream of ceasefire violations.
●    The visit comes in the wake of beheading of two Indian soldiers by Pakistani Army in Poonch district earlier this month which was termed "barbaric" by India.
●    The spree in infiltration attempts, ceasefire violation, cross-border shelling along with the Valley's internal crisis has turned into a major crisis for the state government as well as the Centre.
 

Current Affairs 21st May 2017: AWARDS

Indian activists Sanjay Gubbi and Purnima Barman win Whitley Awards 2017

Two Indian activists Sanjay Gubbi and Purnima Barman on 18 May 2017 won the annual Whitley Awards, popularly known as the ‘Green Oscars’, for their works in the field of animal and bird conservation in India. 
●    These two Indians are among six global winners of the award shortlisted from 166 entries. 
●    The other winners of this year’s awards include
●    Indira Lacerna-Widmann from the Philippines
●    Ian Little from South Africa
●    Alexander Blanco from Venezuela
●    Ximena Velez-Liendo from Bolivia
●    Each winner will receive 35000 pounds prize money in project funding over one year. 
●    The Whitley Awards or Green Oscars are  rganized by UK-based  Whitley Fund for Nature to highlight grassroots leaders in nature conservation across the developing world.
●    Wildlife activist Sanjay Gubbi won the award for his work to protect Karnataka’s tiger corridors. 
●    Gubbi left his job as an electrical engineer to work with nature. 
●    In 2012, he secured the largest expansion of protected areas for conservation of tigers in state while working with Karnataka government.
 

Current Affairs 21st May 2017: DAYS AND DAYS

World Day for Cultural Diversity for Dialogue and Development 2017 observed

The 2017 World Day for Cultural Diversity for Dialogue and Development was observed across the world on 21 May 2017 with an aim to bridge the gap between different cultures.
●    The Day celebrates not only the richness of the world’s cultures but also the essential role of intercultural dialogue for achieving peace and sustainable development.
●    In December 2002, the UN General Assembly in its resolution declared 21 May as the World Day for Cultural Diversity for Dialogue and Development following UNESCO's adoption of the Universal Declaration on Cultural Diversity in 2001.
●    The day aims to deepen the understanding of the values of cultural diversity and to advance the four goals of the UNESCO Convention on the Protection and Promotion of the Diversity of Cultural Expressions:
●    Support sustainable systems of governance for culture
●    Achieve a balanced flow of cultural goods and services and increase mobility of artists and cultural professionals
●    Integrate culture in sustainable development frameworks
●    Promote human rights and fundamental freedoms

Current Affairs 21st May 2017: SPORTS

Indian cricket team retains No.1 spot in ICC Test rankings

India have retained the No 1 ranking in Tests after a magnificent performance in the last couple of seasons. 
●    South Africa are in second position but have cut down the deficit. 
●    In the latest rankings released by the ICC, India are on top with 123 points, followed by South Africa with 117 and Australia with 100 points.
●    Virat Kohli’s side enjoyed a magnificent 2016/17 season at home in which they secured series wins over New Zealand, England and Australia and claimed the one-off Test against Bangladesh. 
●    This extended the winning streak for India as they had secured series wins in Sri Lanka and the West Indies and beaten South Africa at home. 
●    The 2-1 series win over Australia gave Kohli’s side the unique distinction of holding bilateral series wins over all Test playing nations.

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Important Current Affairs 20th May 2017

Important Current Affairs 20th May 2017

Dear Aspirants,

Important Current Affairs 20th May 2017 in English and Hindi, which will update you with latest headlines, news from various domains i.e: National News, Sports, Business, Awards & recognition. It is useful for the preparation of competitive exams like: SSC, SBI, IBPS PO, Clerk, Railways & Various other Entrance examinations.

Dear Aspirants,

Important Current Affairs 19th May 2017 in English and Hindi, which will update you with latest headlines, news from various domains i.e: National News, Sports, Business, Awards & recognition. It is useful for the preparation of competitive exams like: SSC, SBI, IBPS PO, Clerk, Railways & Various other Entrance examinations.

Current Affairs February 2017

Current Affairs 20th May 2017: NATIONAL NEWS

Kiren Rijiju to lead Indian delegation to the Global Platform for Disaster Risk Reduction to be held at Cancun, Mexico

A high level Indian delegation headed by Union Minister of State for Home Affairs Shri Kiren Rijiju is leaving today for participating in the Global Platform for Disaster Risk Reduction (GPDRR) to be held at Cancun, Mexico from May 22-26, 2017. 
●    More than 5,000 delegates, including Heads of State, Ministers, CEOs, disaster experts, volunteers, representatives from science and technology sectors and academia are expected to gather in Cancun
●    GPDRR is a global forum for strategic advice, coordination, partnership development and review of progress in the implementation of the Sendai Framework for Disaster Risk Reduction (SFDRR) 2015-2030 which was adopted at the 3rd UN World Conference on Disaster Risk Reduction held in March, 2015 in Sendai, Japan. 
●    This will mark the first opportunity since 2015 that global leaders and stakeholders in disaster risk reduction will meet for the international community to review global progress in the implementation of SFDRR. 
●    It will also provide a platform for all stakeholders to galvanize their efforts in sustainable development and climate change adaptation, sharing of experiences, discussing innovative solutions, and charting out the course for an integrated approach at the international, regional, national and local levels.


Defence Acquisition Council Finalises Broad Contours of Policy to Engage Indian Private Sector in Manufacture of High-Tech Defence Equipment in India

Breaking new ground, the Defence Acquisition Council (DAC) under the Chairmanship of the Minister of Defence, Shri Arun Jaitley, today finalised the broad contours of a policy aimed at engaging the Indian private sector in the manufacture of high-tech defence equipment in India.  
●    The policy is aimed at developing the defence industrial ecosystem in the country through the involvement of both the major Indian corporates as well as the MSME sector.
●    The policy, which was developed through extensive stakeholder consultations with Indian industry, envisages the establishment of long-term strategic partnerships with qualified Indian industry majors through a transparent and competitive process wherein the Indian industry partners would tie up with global OEMs to seek technology transfers and manufacturing know-how to set up domestic manufacturing infrastructure and supply chains.  
●    The policy will give a boost to the ‘Make in India’ policy in the Defence sector and set Indian industry on the path to acquiring cutting-edge capabilities which will contribute to the building of self-reliance in the vital sector of national security requirements.
●    The policy is expected to be implemented in a few selected segments to begin with, namely, fighter aircraft, submarines and armoured vehicles.  
●    In future, additional segments may be added.  Appropriate institutional mechanisms will be set in place to implement the policy.


First uterine transplant in India done successfully by Pune doctors

Galaxy Care Laparoscopy Institute (GCLI) in Pune has successfully conducted the first uterine transplant in Indian women. The surgery was done by a team of 12 doctors from the hospital under the guidance of Dr Shailesh Puntambekar. 
●    The uterus was transplanted from a 44-year-old woman from Solapur into her 21-year-old daughter, who was unable to conceive. 
●    The surgery began at around 12.30 pm and ended at 9.30 pm on 18th May. Here are few interesting facts about the first uterine transplant in India.
●    The 21-year-old woman who underwent uterine transplant was born with a condition known as Mayer Rokitansky K ster Hauser (MRKH) syndrome. 
●    It is a congenital abnormality in which there is no vagina, cervix and uterus and affects one in every 5,000 women. Here's more on born without a uterus: Can you have periods, get pregnant and other questions answered.
●    Before the surgery, both the donor and receiver has to undergo various screening tests so as to ensure that the uterus can be transplanted. 
●    For uterus transplantation, the uterus can be taken from a blood relative of the woman who is undergoing transplantation. 
●    Hence, a mother, daughter, cousin or sister can donate the uterus.

NGT bans open defecation, waste dumping on Yamuna floodplains

The National Green Tribunal (NGT) on 19 May 2017 banned open defecation and dumping of waste on the floodplains of the Yamuna. 
●    The tribunal also announced an environment compensation of Rs 5000 for those who violated the diktat.
●    The ban was announced by NGT bench headed by NGT Chairperson Justice Swatanter Kumar while hearing a plea on monitoring the implementation of the 'Maili se Nirmal Yamuna Revitalisation Project 2017'.
●    In addition to this, the bench also constituted a committee headed by Delhi Jal Board CEO to oversee the execution of work pertaining to the cleaning of the river and asked it to submit reports at regular intervals.
●    Besides, the bench also directed the Delhi government and the municipal corporations to immediately take action against industries which operate in residential areas and are a major source of pollution to the river.
●    Earlier on 1 May 21017, the apex green panel had ordered inspection of the STPs at Delhi Gate and Okhla with a view to ensuring that wastewater was cleaned before it reaches the Yamuna. 
●    It had sought a report with regard to the functioning of these plants.

Current Affairs 20th May 2017: AWARDS

Indian-American student Pranay Varada wins 2017 National Geographic Bee Competition

Pranay Varada, 14-year-old Indian-American student, on 18 May 2017 won the prestigious National Geographic Bee competition 2017. 
●    As National Geographic Bee champion, he gets USD 50000 in scholarship and other prizes.
●    He was declared the winner as he won the first tie breaker question when he correctly identified the Kunlun Mountains as the 1200 mile range that separates the Taklimakan Desert from the Tibetan Plateau.
●    Veda Bhattaram another Indian-American from New Jersey finished third at the finals, while Thomas Wright from Wisconsin was declared the runner up.
●    By winning the competition, Varada has maintained the dominance of the Indian-American community in the contest as for the past one decade, National Geographic Bee has been dominated by Indian-Americans.
●    In 2016, Rishi Nair, a sixth grader from Florida, won the contest. Varada was a runner up in 2016 National Geographic Bee.
 

Current Affairs 20th May 2017: GLOBAL NEWS

Japanese Cabinet approved bill to allow Japan’s first abdication of emperor in 200 years

Japan cabinet approves bill to allow emperor to abdicate Paving the way for the first abdication by a Japanese emperor in nearly two centuries, Japan’s Cabinet on 19 November 2017 approved a bill that would allow Emperor Akihito to step down.
●    The approval will allow Emperor Akihito to hand over the Chrysanthemum Throne to Crown Prince Naruhito, 57.
●    As per reports, the government envisions December 2018 as the possible timing for his abdication, the time when the Emperor will turn 85 years old. 
●    It also says that the abdication will also mark nearly 30 full years on the throne for the emperor.
●    Japanese Royal Couple, the Emperor and Empress to visit India
●    Earlier in 2016, the Emperor, who has had heart surgery and prostate cancer treatment, in a rare public remark feared that age might make it hard for him to fulfil his duties. 
●    Akihito has sought to soothe the wounds at home and abroad of World War Two, which was fought in his father Hirohito's name, and to bring the imperial family closer to the Japanese people.
 

Current Affairs 20th May 2017: OBITUARY

Soundgarden singer Chris Cornell died

The Wayne County Medical Examiner's Office said it had completed the preliminary post-mortem examination on 52-year-old Cornell but that "a full autopsy report has not yet been completed".
●    Soundgarden's current tour kicked off in late April and was planned to run through until May 27.
●    Cornell was a leader of the grunge movement with Seattle-based Soundgarden - with whom he gained critical and commercial acclaim - but also found success outside the band with other projects, including Audioslave, Temple Of The Dog as well as solo albums.
●    He was widely respected in the music industry.
●    Cornell reached success in every band line-up he was part of, his voice was memorable and powerful, and he was a skilled songwriter.
●    He collaborated on a number of film soundtracks, including the James Bond theme song for 2006's Casino Royale and The Keeper from the film Machine Gun Preacher, which earned Cornell a Golden Globe nomination.
●    Cornell also released solo albums, and Nielsen Music said as a band member and solo act, the singer sold almost 15 million albums and 8.8 million digital songs in the US.
●    The music industry mourned his sudden death online.

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Important Current Affairs 19th May 2017

Important Current Affairs 19th May 2017

Dear Aspirants,

Important Current Affairs 19th May 2017 in English and Hindi, which will update you with latest headlines, news from various domains i.e: National News, Sports, Business, Awards & recognition. It is useful for the preparation of competitive exams like: SSC, SBI, IBPS PO, Clerk, Railways & Various other Entrance examinations.

Current Affairs February 2017

Current Affairs 19th May 2017: NATIONAL NEWS

CIC organises Seminar on implementation of the RTI Act

The Central Information Commission organised a seminar on the Implementation of the Right to Information Act 2005 here today. 
●    The Seminar was attended by CIC, ICs, former CICs, State ICs, NGOs and other stakeholders. The Seminar began with an address by Shri Radha Krishna Mathur, Chief Information Commissioner, Central Information Commission. Shri Mathur highlighted the efforts made in the Commission over the past year to increase the pace of disposal of pending cases putting digitisation to good use.
●    In his address, Information Commissioner, Prof. M. Sridhar Acharyulu focused on the scope of privacy of Public Servants in analysing the case of Girish R Deshpande vis-a-vis other binding precedents. Shri Sanjoy Hazarika, Director, Commonwealth Human Rights Initiative (CHRI), highlighted the issue “RTI as a tool for more Professional journalism”. 
●    Ms. Anjali Bhardwaj touched upon the adjudication of RTI Act. Ms. Amrita Johri addressed the topic of National assessments on implementation of the RTI Act. Shri S.C. Agrawal, RTI Activist, talked about misuse of RTI Act, by the applicants based on his personal experience. 
●    Shri Venkatesh Nayak, CHRI focussed on some contradictory developments in RTI jurisprudence. Ms. Pankti Jog of Mahiti Adhikar Gujarat Pahel, touched on the initiatives taken for “Reaching the unreached citizens with RTI to allow them to participate in Governance.”


BPR&D to organise National Conference of Micro Mission of National Police Mission on May 23-24, 2017

The Bureau of Police Research & Development (BPR&D), under the Ministry of Home Affairs (MHA), will organise the 1st National Conference of Micro Missions of National Police Mission (NPM) on May 23-24, 2017. 
●    Shri Amitabh Kant, Chief Executive Officer (CEO) of NITI Aayog (National Institution for Transforming India), will deliver the Inaugural Address. 
●    Nobel Peace Laureate Shri Kailash Satyarthi will be the Chief Guest during the Valedictory Session. 
●    Briefing the media here today, Shri Nirmal Kumar Azad, Inspector General, Head, National Police Mission, BPR&D said that during the conference, there will be sessions on the eight Micro Missions working under the BPR&D on issues including Proactive Policing and Visualizing Future Challenges (Extremism and Naxalism – Mob Violence – Cyber Crime – Money Laundering – Narco Terrorism – Human trafficking etc.) and Communication and Technology (Polnet – CIPA – Cyber Techniques – Forensic Science – DNA – Narco Analysis etc.).

Manual titled “Living conditions in Institutions for Children in conflict with Law” released by WCD Ministry

The Ministry of Women and Child Development has developed a manual titled “Living conditions in Institutions for Children in conflict with Law” as per the directions of the Hon’ble Supreme Court dated 05.02.16, in the matter of Re-inhuman conditions in 1382  prisons, WP (C) 406 of 2013,  in which the Apex court had directed the Ministry of WCD to prepare a manual similar to the Model Prison Manual as being prepared by Ministry of Home Affairs that will take into consideration the living conditions and other issues pertaining to juveniles who are in Observation Homes or Special Homes or Places of Safety in terms of the Juvenile Justice (Care and Protection of Children) Act, 2015.
●    The objective of preparing such a Manual for children in conflict with law is to provide guidelines to the States/UTs and other stakeholders which will help them to establish institutions for children in conflict with law and providing appropriate institutional and rehabilitative services to them.        
●    The Manual has been framed within the purview of the Juvenile Justice (Care and Protection of Children) Act, 2015 and Juvenile Justice (Care and Protection of Children) Model Rules, 2016. 
●    The Manual puts in one place all aspects of the living conditions and other issues pertaining to children in conflict with law who are in Observation Homes, Special Homes and Place of Safety. 
●    It also lays down the processes to be followed by all concerned stakeholders while providing services to children.

Anant Geete inaugurates Test Track Facility developed by GARC

Anant G. Geete, Union Heavy Industries & Public Enterprises Minister, on 18 May 2017 formally inaugurated the Test Track Facility at Oragadam, Chennai.  
●    The test track facility is developed by Global Automotive Research Centre (GARC). The facility has been notified to issue certificates under CMVR 1989.
●    The total cost of Test tracks project is Rs. 193.25 crore.
●    The Global Automotive Research Centre is a body working under the National Automotive Testing & R&D Infra Project (NATRiP).
●    The NATRiP is the largest and one of the most significant initiatives of the Government of India in the automotive sector. 
●    It represents a unique joining of hands between the Government of India, a number of State Governments and Indian Automotive Industry to create a state of the art Testing, Validation and R&D infrastructure in India.


GST Council announces GST Rates of 1211 items

The Goods and Services Tax (GST) Council on 18 May 2017 fixed the GST rates for specific products which may lead to lower prices for a majority of products of mass consumption.
●    Moreover, the GST Council also fixed the deadline for rolling out the GST on 1 July 2017 to create a single national market.
●    GST Rates of 1211 items were finalised by the GST council with 81 per cent of them facing a levy of up to 18 per cent. 
●    However, GST  Council has still to decide on the GST levy on gold, biscuits, packaged and branded cereals, footwear, bidis and textiles.
●    Foodgrains, cereals and milk will cost less from 1 July as the GST Council decided to exempt these daily-use commodities from the GST levy.
●    Common use products like hair oil, soaps and toothpaste will be charged with GST of 18 per cent instead of present 22-24 per cent tax incidence.
●    Milk and curd will be exempted from taxation when the Goods and Service Tax.
●    'Mithai' or sweets will attract 5 per cent GST levy.
●    Daily-use items like sugar, tea, coffee (barring instant coffee and instant tea) and edible oil will attract the lowest tax rate of 5 per cent, almost the same as current incidence. 
●    Instant tea and coffee are expected to be in a separate bracket.

Indian Army gets M777 howitzers 30 years after Bofors scandal

After a 30-year wait for new artillery guns since the Bofors scandal, the Indian Army on 18 May 2017 received the first two M-777 A-2 (Indian) ultra-light howitzers (ULH) from BAE systems of the US.
●    This is a part of an order for 145 long-range guns which will be mostly deployed on borders. The M-777 A-2 (Indian) ultra-light howitzers (ULH) having a maximum range of 30 km were being taken to Pokhran firing range in Rajasthan for test firing.
●    After firing tables are ready, three more guns will be received in the second stage in September 2018 for training. 
●    Thereafter, induction will commence from March 2019 onwards at the rate of five guns per month till complete consignment is received by mid-2021.
●    While 25 guns will come in a fly-away condition, the rest will be assembled in India by the BAE Systems in partnership with Mahindra Defence. 
●    The 155 mm, 39-calibre guns will fire Indian ammunitions.

Current Affairs 19th May 2017: PERSONS

Anshu Jamsenpa became the first Indian woman to scale Mount Everest for the fourth time

Indian mountaineer Anshu Jamsenpa created history on 16 May 2017 by becoming the first Indian woman to scale the world’s highest peak, Mount Everest for the fourth time.
●    Jamsenpa, who is a native of Bomdila in Arunachal Pradesh, scaled the peak successfully along with Furi Sherpa. 
●    The same was confirmed by Dawa S Lama, the Managing Director at Dream Himalaya Adventure.
●    Lama further stated that Jamsenpa would be attempting a double ascent to make it a total of five successful climbs.
●    Jamsenpa, the mother of two teenage children, started her climb at 1.45 am on 13 May and reached the top at 9 am on 16 May to unfurl the national flag.
●    The mountaineer’s double ascent expedition from Guwahati in Assam was flagged off by the Dalai Lama, Tibetan spiritual leader, on 2 April 2017.
●    She had started the summit expedition after 38 days of acclimatisation, climbing several nearby peaks and passes, at the Everest Base Camp from 4 April to 12 May.

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Important Current Affairs 18th May 2017

Important Current Affairs 18th May 2017

Dear Aspirants,

important Current Affairs 18th May 2017 in English and Hindi, which will update you with latest headlines, news from various domains i.e: National News, Sports, Business, Awards & recognition. It is useful for the preparation of competitive exams like: SSC, SBI, IBPS PO, Clerk, Railways & Various other Entrance examinations.

Current Affairs 18th May 2017: NATIONAL NEWS

CIC to organise a Seminar on implementation of the Right to Information

The Central Information Commission (CIC) is organising a Seminar on implementation of the Right to Information here tomorrow. 
●    The Chief Information Commissioner Shri Radha Krishna Mathur will deliver the Inaugural Address and Information Commissioner, CIC, Prof. M. Sridhar Acharyulu, will give a talk on “Scope of Privacy of Public Servant”. 
●    Information Commissioner, CIC, Shri Yashovardhan Azad will deliver the address at the Valedictory Session.
●    Academicians, practitioners, researchers, NGOs/civil society groups and other stakeholders will be giving well researched original presentations, including case studies during the Seminar. 
●    Speakers of eminence will include Ms. Anjali Bhardwaj, co-Convenor, National Campaign for People's Right to Information (NCPRI), Shri Sanjoy Hazarika, Director, Commonwealth Human Rights Initiative (CHRI), Ms. Amrita Johri, Member, NCPRI, Shri S.C. Agrawal, RTI Activist, Shri Venkatesh Nayak of CHRI, Ms. Pankti Jog of Mahiti Adhikar Gujarat Pahel, Dr. Susanta Kumar Mallick, Lecturer, Department of Political Science, Savitri Women’s College,  Odisha, Shri B.H. Veeresha, Trustee, Mahithi Hakku Adhyayana Kendra, Shri Rajesh Mehtani, U.P. State Resource Person (RTI), Shri Deepak Singh, Sr. Telecom Office Assistant, Bharat Sanchar Nigam Ltd. and Commodore Lokesh Batra (Retd.). 
●    Presentations will focus on important aspects of the implementation of the Right to Information Act 2005. 

Standard Operating Procedure for cases of Missing Children developed by WCD Ministry

The Ministry of Women and Child Development has developed a Standard Operating Procedure for tracing of missing children as per the direction of the Hon’ble Supreme Court dated January 13, 2015 in the matter of Bachpan Bachao Andolan v. Union of India & Ors, Writ Petition (Civil) No. 75 of 2012. 
●    The Apex court had observed that there are many Standard Operating Procedures (SOPs) developed by States to trace out missing children and therefore, had directed the Ministry of WCD, to take help of TISS to compile a model SOP which may be used by all States/UTs to deal with cases of missing children and to follow a uniform procedure throughout the country.
●    The SOP for tracing of missing children is finalized in consonance with the Juvenile Justice (Care and Protection of Children) Model Rules 2016. 
●    The SOP mainly deals with the tracking of missing children and their rehabilitation after recovery. 
●    It defines roles and responsibilities of various stakeholders such as Police, Child Welfare Committees (CWCs), Juvenile Justice Boards (JJBs) etc.
●    Rule 92(1) of the Juvenile Justice (Care and Protection of Children) Model Rules 2016 defines a missing child as – a child whose whereabouts are not known to the parents, legal guardian or any other person or institution legally entrusted with the custody of the child, whatever may be the circumstances or causes of disappearance, and shall be considered missing and in need of care and protection until located or his safety and well-being established.

Minister of Railways Inaugurates Round Table Conference with Non Railway Stakeholders on Railway Security Issues 

Minister of Railways Shri Suresh Prabhakar Prabhu inaugurated the Round Table Conference with non Railway Stakeholders on Railway Security Issues.
●    Minister of State for Railways Shri Rajen Gohain was specially be present to grace the occasion. Chairman, Railway Board, Shri A. K. Mital, Member (Staff) Railway Board Shri Pradeep Kumar, other Railway Board Members and senior officials were also present on the occasion. Shri S.K. Bhagat, DG/RPF summed up the deliberations at the end of the daylong session. 
●    The inputs by various stakeholders were submitted in course of the discussion and effort will be made to implement them.
●    Speaking on the occasion Minister of Railways Shri Suresh Prabhakar Prabhu said that Safety and Security on Railways has always been challenging and hence have acquired great importance. 
●    There are lot of challenges in safe & secured running of trains. In India there are various vulnerable sections in our network. Indian Railways is looking at different ideas from different stakeholders for improving the security issues in Railways. 
●    For Example Indian Railways has started Central monitoring system for monitoring security in Konkan Railways. Railways is now giving more emphasis on intelligence gathering and forensic issues. 
●    Indian Railways is taking various additional measures to improve the security of women passengers across its network. 
●    Indian Railways has to closely work with local police as the Law & Order is a State Subject. This ideation is needed to meet new challenges in Security issues of Indian Railways.

Separate Department of Disability Affairs to be set up by States

Shri Thaawar Chand Gehlot, Minister for Social Justice & Empowerment while addressing the “15th National Review Meeting of State Commissioners for Persons with Disabilities on Implementation of Act-1995” stressed for the need that States should create/setup separate Department of Disability Affairs with appointment of full time Independent State Commissioner in accordance with provisions of PwD Act, 1995 for effective implementation of the Act as well as welfare Programmes & Schemes of Education, Training, Skill Development and rehabilitation of the Disabled (Divyangjan) in the society.
●    He chaired the opening session of the 2-day long National Review Meeting, which was attended by 11 States Commissioners and 15 representatives of the State Commissioners/State Government and representatives from Central Ministries and National Bodies under Ministry of Social Welfare.  
●    He stated that there is great need for empowering and strengthening the Divyangjan in the Country by safeguarding their rights and privileges entrusted by the Act.  
●    The Ministry of Social Justice & Empowerment has become an important & prominent among all Ministries of the Central Government for making all round efforts for better education, vocational training & rehabilitation of the Divyangjan in society so that could lead a respectable life.


Current Affairs 18th May 2017: INTERNATIONAL NEWS

Cabinet approves MoU between India and Australia on Cooperation in Combating International Terrorism and Transnational Organized Crime

The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has given ex-post facto approval to the Memorandum of Understanding (MoU) between India and Australia on Cooperation in Combating International Terrorism and Transnational Organized Crime. 
●    The proposed MoU would strengthen the relationship between India and Australia for building peace and stability in the region through exchange of information, expertise, experience and capacity building. 
●    The MoU is an effective framework to deal with all issues requiring interaction and cooperation in the areas identified. 
●    The mutual cooperation would facilitate the institutional interactions between the two countries. 
●    The MoU, once in force, would help in curbing combating International Terrorism and Transnational Organized Crime.


 

ICJ stays Kulbhushan Jadhav's execution till final order

The International Court of Justice (ICJ) on 18 May 2017 stayed the execution of Kulbhushan Jadhav till its final decision. 
●    Ruling in favour of India, the Court asked Pakistan to keep it informed about the measures, including on consular access, taken by it in this connection.
●    Reading out the verdict at The Hague, Netherlands, ICJ President Ronny Abraham said that India has the right to consular access to Jadhav under Vienna convention. 
●    He said the court considers that it has prima facie jurisdiction in the matter as there is a dispute between the parties.
●    He said acts alleged by India fall in the Vienna convention which guarantees state to be given access to its citizen. 
●    He added the rights invoked by India under the Vienna Convention are plausible.
●    After the order, the External Affairs Minister Sushma Swaraj said the ICJ order has come as a great relief to the family of Kulbhushan Jadhav and people of India. 
●    She also said that the union government is grateful to Harish Salve for presenting India's case so effectively before ICJ.
●    Swaraj assured the nation that under the leadership of Prime Minister Modi, the government will leave no stone unturned to save Jadhav.
 

Current Affairs 18th May 2017: AWARDS

Indian scientist Shrinivas Kulkarni wins Dan David Prize 2017

Indian scientist Shrinivas Kulkarni on 18 May 2017 won the prestigious Dan David prize 2017 for his contribution in the field of astronomy. 
●    He was awarded in the 'Future' category which is dedicated to astronomy this year.
●    He will share the award with Andrej Udalski of the University of Warsaw and Neil Gehrels of NASA for their discoveries on time-domain astrophysics.
●    Kulkarni is a professor of astrophysics and planetary science at California Institute of Technology in Pasadena. 
●    He is a pioneer and leading figure in time-domain astrophysics across the electromagnetic spectrum who built and conducted the Palomar Transient Factory, a large-area survey of the night sky in search of variable and transient phenomena.

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Important Current Affairs 17th May 2017

Important Current Affairs 17th May 2017

Dear Aspirants,

important Current Affairs 17th May 2017 in English and Hindi, which will update you with latest headlines, news from various domains i.e: National News, Sports, Business, Awards & recognition. It is useful for the preparation of competitive exams like: SSC, SBI, IBPS PO, Clerk, Railways & Various other Entrance examinations.

Current Affairs 17th May 2017: NATIONAL NEWS

Cabinet approves setting up of Indian Agricultural Research Institute (lARI) in Assam

The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Shri Narendra Modi, has approved the setting up of Indian Agricultural Research Institute (lARI) in Assam.  
●    The proposal of Department of Agriculture Research and Education (DARE) / Indian Council for Agricultural Research (ICAR) under the scheme, the establishment of the "Indian Agricultural Research Institute (lARI)-Assam" seeks to set up the Institute on 587 acre of land provided by the Govt. of Assam.
●    lARI-Assam would be a Post-Graduate Institution of higher learning in Agricultural Education.   
●    It will have the hallmark identity of an IARI including all sectors of agriculture like field crops, horticultural crops, agro-forestry, animal husbandry, fisheries, poultry, piggery, silk rearing, honey production, etc.
●    It will be an off-campus of IARI, New Delhi and integrated multi-disciplinary research would be undertaken in school mode i.e. Schools of Crop Sciences, Natural Resource Management, and Animal Sciences & Fisheries.

Thaawarchand Gehlot Inaugurates ‘15th National Meeting of State Commissioners for Persons with Disabilities’

Shri Thaawarchand Gehlot, Minister for Social Justice and Empowerment inaugurated the “15th National Meeting of the State Commissioners for Persons with Disabilities (PwD)” to review Implementation of the Persons with Disabilities (Equal Opportunities, Protection of rights and Full Participation) Act-1995 here today. 
●    The two days meeting has been organized by the Office of the Commissioner for Persons with Disabilities under Department of Empowerment of Persons with Disabilities under Ministry of Social Justice and Empowerment.
●    Shri Kamlesh Pande, Chief Commissioner for Persons with Disabilities and Shri N.S. Kang, Secretary, Department of Empowerment of Persons with Disabilities, M/o SJ&E were also present. 
●    State Commissioners for PwD from States and Union Territories are attending the meeting and presenting their Reports on the implementation of the Act in their States.
●    Addressing on the occasion, Shri Thaawarchand Gehlot said that during past during past three years, the Department of Empowerment of Persons with Disabilities (DEPwD) under Ministry of Social Justice and Empowerment has become very active and vibrant. 

Mukesh Ambani sole Indian among Forbes' list of Global Game Changers

Forbes magazine has named Reliance Industries (RIL) Chairman Mukesh Ambani as the topmost among its "Global Game Changers" who are transforming their industries and changing the lives of billions around the world.
●    Ambani features at the top of the Forbes' second annual Global Game Changers' list of 25 "intrepid business leaders unsatisfied with the status quo" who are "transforming their industries and changing the lives of billions of people around the globe."
●    The American magazine referred to the Ambani-led Reliance Jio mobile network's efforts to spread internet penetration in India.
●    "Oil and gas tycoon entered the country's telecom market with a bang, offering fast internet at dirt-cheap prices. 
●    Gained 100 million customers in six months and set off a wave of consolidation in the market," Forbes said.
●    Forbes said those on the latest game changers' list are re-imagining the many facets of everyday life, from health to money transfers through digital means.

Govt approves new coal linkage policy

The Union Cabinet on Wednesday approved a transparent mechanism for coal allocation and signalled a renewed focus on nuclear power generation.
●    At the meeting, the Cabinet Committee on Economic Affairs (CCEA) secured coal supplies to stranded power projects and approved allocation of such linkages through an auction process.
●    Linkages are awarded to projects which do not have captive coal mines and need to source coal commercially from state-owned Coal India Ltd (CIL).
●    A cabinet meeting chaired by Prime Minister Narendra Modi also approved the addition of 7,000 megawatt (MW) of nuclear capacity that can potentially generate up to Rs70,000 crore of orders for domestic industry.
●    Not only do these two key decisions signal the government’s commitment to good governance, the accent on nuclear power emphasizes its commitment to move away from fossil fuels. 
●    This aside, it also opens up new investment opportunities for Indian businesses, which have been struggling to find its mojo.


Union Government launches EPFO’s Citizens’ Charter 2017

●    Union Minister of Labour & Employment Bandaru Dattatreya on 16 May 2017 launched EPFO’s Citizens’ Charter 2017 and E-Court Management System along with it.
●    Citizens’ Charter 2017 of EPFO is an attempt to bring transparency and accountability on the part of EPFO.
●    It will also offer social security coverage to all employees as well as implementation of policies for benefit of all stakeholders with adequate support level of social security. 
●    The charter will make service delivery system and grievance redressal mechanism more efficient so that it delivers goods and services to its all stakeholders in a time bound manner with a reduced timeline from earlier timeline of 30 days. 
●    The timeline in case of claim settlements is 10 days and 15 days in case of grievance redressal management.
 

Current Affairs 17th May 2017: DAYS AND DATES

World Telecommunication and Information Society Day 2017 observed

The 2017 World Telecommunication and Information Society Day (WTISD) was observed on 17 May 2017.
●    The theme for WTISD-17 is Big Data for Big Impact. 
●    The theme focuses on the power of Big Data for development and aims to explore how to turn imperfect, complex, often unstructured data into actionable information in a development context.
●    The theme for WTISD-17 is in line with ITU's work highlighting the technological developments that have facilitated the emergence of Big Data, developing standards related to Big Data and identifying sources and uses of Big Data, including use of Big Data technologies for developing and monitoring improvements in information societies.
●    The purpose of WTISD is to help raise awareness of the possibilities that the use of the Internet and other information and communication technologies can bring to societies and economies.
 

Current Affairs 17th May 2017: OBITUARY

Veteran actress Reema Lagoo passes away

Veteran actress Reema Lagoo died Veteran actress Reema Lagoo died on 18 May 2017 at Kokilaben Hospital in Mumbai. 
●    She reportedly suffered a massive cardiac arrest. She was 59.
●    Lagoo who appeared in several Hindi and Marathi films also acted in numerous television shows like Tu Tu Main Main and Shrimaan Shrimati.
●    Born in 1958, Reema Lagoo has had a presence on Marathi stage for nearly four decades.
●    Married to actor Vivek Lagoo, she began her acting career in the late 1970s.
●    She played the role of a mother in several Bollywood films like Maine Pyar Kiya, Aashiqui, Saajan, Hum Aapke Hain Kaun, Vaastav, Kuch Kuch Hota Hai, Qayamat Se Qayamat Tak, Aruna Raje's Rihaee, Gumrah, Jai Kishen, Gumrah and Hum Saath-Saath Hain.
●    Her mother Mandakini Bhadbhade was also an actor and a well-known name in the Marathi theatre.
●    Now, Reema Lagoo is survived by daughter Mrunmayee Lagoo.

Current Affairs 17th May 2017: DISCOVERY 

Dinosaur mummy discovered in Canada with all skin intact

Palaeontologists in Canada have unveiled a dinosaur mummy that had been encased in stone for over 110 million years. 
●    The remains of the armour-plated nodosaur, which is a 3000-pound plant-eating horned creature, went on display at the Royal Tyrrell Museum of Palaeontology in Alberta on 12 May 2017.
●    Speaking on the remarkable discovery, Caleb Brown, a postdoctoral researcher at the museum stated that they don’t just have a skeleton, they have a dinosaur as it would have been.
●    The dinosaur mummy has all the skin and gut contents intact.
●    It is also a never-seen-before species of nodosaur, as well as the oldest dinosaur ever found in Alberta. 
●    Its preserved skin and gut contents could provide invaluable clues on the extinct species. 
●    The fossil was accidentally discovered by miners six years ago. 
●    Since the last five years, researchers have spent more than 7,000 hours chiselling away at the fossil’s surrounding rock to expose the incredible creature.

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Important Current Affairs 16th May 2017

Important Current Affairs 16th May 2017

Dear Aspirants,

important Current Affairs 16th May 2017 in English and Hindi, which will update you with latest headlines, news from various domains i.e: National News, Sports, Business, Awards & recognition. It is useful for the preparation of competitive exams like: SSC, SBI, IBPS PO, Clerk, Railways & Various other Entrance examinations.

Current Affairs 16th May 2017: NATIONAL NEWS

Minister of Railways Inaugurates various Passenger Amenities in various Mumbai Suburban Railway Stations

Minister of Railways, Shri Suresh Prabhakar Prabhu inaugurated various Passenger Amenities in various Mumbai Suburban Railway Stations. 
●    Minister of State for Railways Shri Rajen Gohain was specially present to grace the occasion. 
●    Chairman Railway Board, Shri AK Mital, other Railway Board Members, and senior officials from Railway Board were also present on the occasion.
●    Speaking on the occasion, Minister of Railways Shri Suresh Prabhu said that the inauguration of passenger amenities at various station of Mumbai is an important event. 
●    Mumbai is the commercial capital of India. 
●    Around 80 lakhs passenger travel in the Mumbai Suburban Railways, Railways is trying its best to provide better passenger amenities. 
●    Lift, escalators, Foot  over bridges are to be provided at small stations too. Railways need cooperation of the travellers in maintaining its property. 
●    Railways is working with State Government to form Joint Venture so that other Rail Development projects are initiated soon.

Minister of Railways Inaugurates Round Table Conference on Data Analytics for Indian Railways

Minister of Railways, Shri Suresh Prabhakar Prabhu inaugurated Round Table Conference on “Data Analytics for Indian Railways”. 
●    Chairman Railway Board, Shri AK Mital, other Railway Board Members, representatives and dignitaries from industry and senior officials from Railway Board were also present on the occasion.
●    Speaking on the occasion Shri Suresh Prabhu said that a series of Round Table Conferences are being conducted to ideate on various issues concerning Indian Railways. 
●    This Round Table Conference is to ideate on Data Analytics on Indian Railways. He also said that Data creation is phenomenal in Indian Railways to carry out commercial and operational opportunity. 
●    Data Analytics must be studied, analysed and monitored to improve Indian Railways’ program. Technology is ever evolving, need of the hour is to progress with Data Analytics. 
●    Indian Railways shall be the growth engine. 
●    Data Analytics can help to create a system that may benefit Railways immensely.  

Pragati Maidan Complex to be Redeveloped into a World Class State-of-The-Art Exhibition-Cum-Convention Centre

The existing Pragati Maidan Complex that so far used to organise National and International Exhibitions and facilitate holding of various other events, is set to get all new face with its upcoming redevelopment into a World class state-of-the-art Integrated Exhibition-cum-Convention Centre (IECC). 
●    At a joint Press Conference by Shri L. C. Goyal, CMD, India Trade Promotion Organisation (ITPO) and Dr. Anoop Kumar Mittal, CMD, NBCC (India) Limited, held in New Delhi today, announced the launch of this sophisticated Project to be implemented by the latter at a cost of approx. Rs 2,500 Crore. 
●    Shri Goyal and Dr. Mittal on the occasion, released the layout and the design of IECC and an outline of comprehensive solutions to decongest traffic in and around Pragati Maidan. 
●    Once redeveloped, IECC will be a landmark spot in Delhi and a symbol of Hon’ble Prime Minister’s vision of ‘New India’, they informed. 
●    Conceived by NBCC in association with M/s ARCOP Associates Pvt. Ltd. and Aedas Pte. Ltd. of Singapore, the IECC shall be developed with latest architectural design along with basement parking facility of 4800 vehicles and comprehensive traffic congestion interventions. 
●    The Convention Centre will be 32.4 mtr. tall landmark building on par with the best in the world. 
●    This structure will be on an elevated podium with unique sloping facade incorporating rich architectural heritage of Delhi. 

Bandaru Dattatreya launches EPFO’s Citizens’ Charter 2017 & e-court management system 

The Minister of State for Labour & Employment(IC), Shri Bandaru Dattatreya launched EPFO’s Citizens’ Charter 2017 and e-court management system in Bangalore, today. 
●    Citizens’ Charter 2017 is an attempt to bring transparency and accountability on the part of EPFO and make service delivery system and grievance redressal mechanism more efficient so that it delivers goods and services to its all stakeholders in a time bound manner with a reduced timeline from earlier timeline of 30 days. 
●    The timeline in case of claim settlements is 10 days and 15 days in case of grievance redressal management. 
●    The citizens’ charter has been launched with the vision of social security coverage to all employees as well as implementation of policies for benefit of all stakeholders with adequate support level of social security. 
●    EPFO e-court Management System has been launched which is in tune with the vision of the Hon’ble Prime Minister Shri Narendra Modi of digital India. 
●    The objective of the project is a transparent and electronic case management system which will cater to aspirations of all stakeholders – the employers, the employees, litigants and CBT. 

Venkaiah Naidu announces separate 24x7 DD Channel for Jharkhand 

Minister for Information & Broadcasting Shri M.Venkaiah Naidu has announced a separate 24x7 DD channel for the state of Jharkhand. 
●    The Government was putting up a vision document for a 24x7 DD Jharkhand channel for the people of the state and the proposal was included in the 3 years Action Plan of DD. 
●    However till the launch of 24x7 channel, DD Ranchi programmes would be telecast on DD Bihar. 
●    Jharkhand related programmes would be provided a special window in already available 24x7 satellite channel- DD Bihar. 
●    The Minister stated this at the review meeting of the programs & initiatives of Ministry of I&B held at Ranchi, Jharkhand today. 
●    Chief Minister of Jharkhand Shri Raghubar Das was also present during the review meeting.
●    While giving an overview of issues discussed during the review meeting, Shri Naidu said that Government of Jharkhand has been requested to provide a dedicated power supply through separate feeders to All India Radio & Doordarshan Stations in the state.

J.P. Nadda inaugurates National Training for Universal Screening and Control of Common NCDs

“In the last three years our efforts have been towards building a ‘Swasth Bharath’ and as such prevention of diseases and timely intervention will always remain in the forefront, whether for Communicable or Noncommunicable Diseases,” stated Shri J P Nadda, Union Minister of Health and Family Welfare. 
●    He was speaking at the inauguration of National Training for Universal Screening and Control of five Common Non Communicable Diseases (NCDs) such as hypertension, diabetes and three common cancers: cervix, breast and oral cavity, here today. Also present was Smt Anupriya Patel, Minister of State (Health & Family Welfare). 
●    Speaking at the occasion, Shri J P Nadda stated that under the universal screening of common NCDs program, everyone above the age of 30 years will be screened in the 100 districts of the country in the first phase.
●    Gradually, it will cover the entire country and around 50 crore people will be covered so that timely intervention can reduce the disease burden in the country, Shri Nadda said. 
●    “NCDs are acquired lifestyle ailments, which places a very high burden through the healthcare cost,” Shri Nadda added. 
●    The Health Ministry is working through a two-pronged strategy, he stated. 
●    This included healthy children through the total immunization program whereby in the past three years, the basket of vaccines has been increased from providing cover to 11 vaccine preventable diseases, from the earlier six. 

India’s longest bridge to be inaugurated near China border

India’s longest river bridge, capable of withstanding the weight of a 60-tonne battle tank, will be inaugurated in Assam close to the border with China on May 26 by Prime Minister Narendra Modi.
●    With the inauguration of the 9.15-km-long Dhola-Sadiya bridge over the Brahmaputra river, the prime minister will kick off the celebrations of the NDA government’s three years in office from this easternmost part of Assam.
●    The construction of the bridge is seen as an attempt by India to shore up its defence infrastructure along the Sino-Indian border. 
●    It is also part of the Centre’s endeavour to improve connectivity in the region.
●    It is 3.55 km longer than the Bandra-Worli sea link in Mumbai, making it the longest bridge in India.
●    “The prime minister will dedicate the strategically important bridge to the nation on May 26. 
●    It will bolster road connectivity in the Northeast as the bridge will be used by people of Assam and Arunachal Pradesh besides defence forces extensively.
 

Current Affairs 16th May 2017: INTERNATIONAL NEWS

Indian warships visit Jeddah, Saudi Arabia

As part of the Indian Navy’s overseas deployment to the West Coast of Africa  and the Mediterranean Sea, three Indian warships, INS Mumbai, INS Trishul and INS Aditya, arrived at Jeddah today (16 May 17) for a three-day visit. 
●    The warships will engage extensively with the Saudi Arabian Navy during their stay in the country. 
●    Apart from professional interactions, sports and social engagements are also planned, which would go a long way in enhancing co-operation and understanding between these important navies of the Indian Ocean Region (IOR).
●    The visiting ships, headed by Rear Admiral RB Pandit, the Flag Officer Commanding Western Fleet (FOCWF), who is flying his flag on the guided missile destroyer INS Mumbai, are part of the Indian Navy’s Western Naval Command and are based at Mumbai.
●    India and Saudi Arabia enjoy cordial and friendly relations, reflecting centuries old economic and socio-cultural ties. 

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Important Current Affairs 15th May 2017

Important Current Affairs 15th May 2017

Dear Aspirants,

important Current Affairs 15th May 2017 in English and Hindi, which will update you with latest headlines, news from various domains i.e: National News, Sports, Business, Awards & recognition. It is useful for the preparation of competitive exams like: SSC, SBI, IBPS PO, Clerk, Railways & Various other Entrance examinations.

Current Affairs 15th May 2017: NATIONAL NEWS

President of India delivers first Bhairon Singh Shekhawat Memorial Lecture 

The President of India, Shri Pranab Mukherjee delivered the 1st Bhairon Singh Shekhawat Memorial Lecture on the topic “History of Parliamentary Democracy in India” today (May 15, 2017) in Jaipur, Rajasthan. 
●    He also presented the 1st Bhairon Singh Shekhawat Life Time Achievement Honour in Public Service to Shri Pawan Kumar Chamling, Chief Minister of Sikkim on the occasion. 
●    Addressing the gathering the President said he was honoured to be invited to deliver the inaugural Memorial Lecture instituted in memory of our former Vice-President Shri Bhairon Singh Shekhawat, an outstanding statesman and a man of the masses. 
●    The President stated that Shri Shekhawat and he shared a long history of friendship. Both of them served together in the Rajya Sabha in the 1970s. 
●    Later, while Shri Shekhawat was Chief Minister of Rajasthan and the President was Vice Chairman of the Planning Commission, he had opportunity to see Shri Shekhawat’s extensive knowledge about problems being faced by citizens of Rajasthan, and his will to eradicate these day to day problems. 
●    He was deeply impressed by Shri Shekhawat’s commitment to the downtrodden and poor.

Rajnath Singh inaugurates second meeting of National Platform on Disaster Risk Reduction 

The Union Home Minister Shri Rajnath Singh inaugurated the two-day second meeting of National Platform for Disaster Risk Reduction (NPDRR) here today. 
●    The theme of the Second meeting of NPDRR is “Disaster Risk Reduction for Sustainable Development: Making India resilient by 2030”. 
●    The Union Minister for Science & Technology and Earth Sciences, Dr. Harsh Vardhan, the Minister of State for Home Affairs, Shri Kiren Rijiju and Additional Principal Secretary to Prime Minister Dr. P. K. Mishra were also present on the occasion. 
●    The NPDRR is a multi-stakeholders National Platform headed by the Union Home Minister and it promotes participatory decision making in disaster management, and strengthens federal policy of our country. 
●    Speaking on the occasion, Shri Rajnath Singh said that NPDRR is a multi-stakeholders National Platform for sharing the experiences in disaster management and for making a collective effort for disaster risk reduction.  
●    He emphasized the role of prevention and mitigation in reducing disaster losses. He pointed out that 1 extra Rupee spent on disaster preparedness and mitigation could save 10 Rupees of disaster loss. 
●    He recollected global agreements like Sendai Framework, Sustainable Development Goal and Paris Agreement on Climate Change (COP21) for disaster risk reduction. 

Indian Navy and Space Application Centre, Ahmedabad Sign Memorandum of Understanding 

Vice Admiral SN Ghormade, AVSM, NM, Director General Naval Operations and Mr Tapan Misra, Director, Space Application Centre (SAC) signed a ‘Memorandum of Understanding on Data Sharing and Scientific cooperation in the field of Meteorology and Oceanology’ on 15 May 2017 at SAC, Ahmedabad. 
●    With this initiative, both the organisations have embarked on a common platform of mutual cooperation, wherein the scientific advancements and expertise achieved by SAC would be synergised into the Indian Naval efforts to keep the Nation’s Defence Forces in step with rapid development in the field of Environment Sciences and Satellite Data acquisition technology. 
●    This has further boosted the already established collaboration between the two organisations. 
●    The broad areas of cooperation include, sharing of non-confidential observational data for pre-launch sensor calibration and post launch satellite data validation, operational use of SAC generated weather products, provisioning expertise for installation of various satellite data processing modules at Naval METOC organisations, carrying out calibration and validation for ocean models, transfer of technology to generate weather information, training on latest technology and sharing of subject matter experts between the organisations for effective knowledge transfer.

V.O. Chidambaranar Port Trust and TANGEDCO Sign MoU to upgrade Coal Jetty-I&II

V.O. Chidambaranar Port is all set for a four-fold increase in the capacity of two of its Coal Jetties – Jetty I and II from 6.25 MTPA to 24 MTPA. 
●    The VOCP Trust signed a Memorandum of Understanding with Tamil Nadu Generation and Distribution Corporation Limited (TANGEDCO) for the upgradation of Coal Jetty I and II in New Delhi today. 
●    The Minister of Shipping and Road Transport and Highways Shri Nitin Gadkari and Minister for Electricity, Prohibition and Excise, Government of Tamil Nadu Shri P. Thangamani were present on the occasion. 
●    Speaking on the occasion, Shri Gadkari said that the project would benefit both TANGEDCO and the VOCPT. 
●    It would make coal handling by the jetties much more voluminous and efficient, and thus bring down logistics costs. 
●    He said this would also allow for cheaper production of electricity, which would be very beneficial for industrial growth.

NHAI signs MoU with TIDCO for Development of Multimodal Logistics Park in Tamil Nadu

The National Highways Authority of India signed an MoU with the Tamil Nadu Industrial Development Corporation Limited (TIDCO) in New Delhi today, for the development of a Multimodal Logistics Park in the Ponneri Industrial Node area near Kamarajar Port in Tamil Nadu. 
●    The MoU was signed in the presence of the Road Transport and Highways and Shipping Minister Shri Nitin Gadkari and Shri M.C. Sampath, Minister for Industries of Tamil Nadu government.
●    Speaking on this occasion, Shri Gadkari said that it is an important agreement for the development of an integrated, multi-modal transport infrastructure in the country.
●    The Ministry of Road Transport and Highways is planning to develop Multimodal Logistics Parks in under its Logistics Efficiency Enhancement Programme (LEEP) in 15 locations all over India at a cost of Rs 33,000 crore, including Rs 1295 crores investment for the Chennai Region. 
●    The proposed logistics parks will bring down the overall freight costs, reduce vehicular pollution and congestion and will enable reduction of warehousing costs.  
●    All this is expected to result in lower logistics costs.


Light Combat aircraft Tejas successfully test-fires air-to-air missile

Tejas, the Light Combat Aircraft on 12 May 2017 successfully fired Derby Air-to-Air BVR missile in RADAR guided mode, demonstrating an Air-to-Air Beyond Visual Range (BVR) missile firing capability.
●    The flawless launch was demonstrated with all onboard systems performing up to the mark and the missile scored a direct hit on the target, completely destroying it.
●    The launch was performed in Lock ON after Launch mode for a BVR target in the look down mode and the target was destroyed.
●    The objective of the test was to assess the Derby integration with aircraft systems on-board Tejas including the aircraft avionics, fire-control radar, launchers and Missile Weapon Delivery System and verify its performance.
●    The Derby test was conducted on a Manoeuvrable Aerial Target at the Interim Test Range (ITR), Chandipur.
●    The sensors at ITR also tracked the target and missile.

Mumbai airport busiest with 1 flight every 65 seconds

The Mumbai airport, Chhatrapati Shivaji International, has become the world’s busiest single-runway airport with 837 flights a day or one flight in 65 seconds on an average in the 2016-17 fiscal year.
●    The airport has even overtaken London's Gatwick airport that had 757 flights a day. The city also tops in terms of the number of passengers with almost 45.2 million people flying in and out in fiscal 2017 as against 44 million at Gatwick airport.
●    No other large city in the world is served by one airport that too with a single-runway.
●    All the leading cities in the world including New York, London, Dubai, and Singapore have more than one airport with multiple runways.
●    The New Delhi airport also has in use three parallel runways at any given time.
●    In comparison, Mumbai works with just a single runway for both passenger and cargo aircraft and when it is shut for repairs, it uses the secondary runway.
●    The scarcity of land doesn’t restrict the flight network of the city, as it operates to about 95 domestic and international destinations.

Current Affairs 15th May 2017: SPORTS


Arjun Maini becomes first Indian driver to win a GP3 race

Jenzer Motorsports' Indian driver Arjun Maini, who is supported by JK Racing and TVS, created history on Sunday as he became the first Indian to win a race in the GP3 Series with a dominant victory. 
●    This is Arjun's first victory in the GP3 Series and this win moves him into third place in the driver's championship standings.
●    This victory capped off an amazing week for the young Indian who earlier this week was signed by Haas F1 team as a development driver. 
●    Maini finished seventh in Race 1 of the first round of the GP3 season on Saturday. 
●    After qualifying at sixth in the morning, Race 1 began with Arjun having a good start and moving up one place on the opening lap. 
●    But he could not keep up with the leaders and only managed to hold onto 7th place to claim 6 points.

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Important Current Affairs 14th May 2017

Important Current Affairs 14th May 2017

Dear Aspirants,

important Current Affairs 14th May 2017 with Free PDF in English and Hindi, which will update you with latest headlines, news from various domains i.e: National News, Sports, Business, Awards & recognition. It is useful for the preparation of competitive exams like: SSC, SBI, IBPS PO, Clerk, Railways & Various other Entrance examinations.

Current Affairs 14th May 2017: NATIONAL NEWS


One Rupee Clinics now open at Mumbai railway stations

To help its commuters in case of medical emergency, Central Railway along with 'Magicdil' have established 24X7 'One Rupee Clinics' at 14 different stations. 
●    These clinics will be providing timely medical assistance to rail accident victims as well as commoners at a token charge of Re 1.
●    After PIL filed in Bombay HC in March by rail activist Samir Zaveri on the issue of lack of prompt medical help in case of accidents on railway tracks, the Bombay High Court ordered the Railways to set up EMRs at all stations on the Central and Western Line in a phased manner.
●    The five EMRs have been set up at Dadar, Kurla, Wadala, Mulund and Ghatkopar stations, in association with city-based medical firm Magicdil Health For All Pvt Ltd. 
●    While choosing the station to establish 'One Rupee Clinic', Magicdil asked for data from railway authority regarding where most number of accidents take place and which are the most crowded stations.
●    These 24X7 EMRs will be having a team of 3 to 4 MBBS doctors. 
●    Magicdil is planning to start OPD of specialists doctors for masses at the cost of Just Re 1 as consultation charge.

Drug-resistant TB cases may spike in India by 2040: Study

A new study has found that India could witness an alarming spike in cases of multidrug-resistant (MDR) tuberculosis by the year 2040.
●    The study was published on 9 May 2017 in the prestigious medical journal The Lancet.
●    The study indicates that drug-resistant TB could make up one in ten cases of the disease in the country in the next two decades.
●    A similar spike has been forecasted for Philippines, Russia and South Africa too.
●    The study forecasted the percentage of MDR tuberculosis among incident cases of tuberculosis.
●    As per the study, it will make up 12.4% of the TB cases in India, 8.9% in the Philippines, 32.5% in Russia, and 5.7% in South Africa in 2040.
●    It also predicted the percentage of extensively drug-resistant (XDR) tuberculosis among incident MDR tuberculosis to increase, reaching 8.9% in India, 9.0% in the Philippines, 9.0% in Russia, and 8.5% in South Africa in 2040.
●    By 2040, a third of tuberculosis cases in Russia are predicted to be drug-resistant, compared with one in ten in India and the Philippines, and one in 20 in South Africa.

Current Affairs 14th May 2017: ECONOMY

Bank loan recovery time period reduced

Earlier, banks had to wait for 90 days before starting loan recovery proceedings. However, Reserve Bank of India (RBI) has now ruled that for an account to be formally classified as non-performing, banks don't have to wait for a deadline to start loan recovery.
●    "Under the ordinance, we have clarified that the default will be considered as per bankruptcy laws, which means if the payment is missed it turns into a default the next day," .
●    This would prompt banks to plan their recovery strategies in advance.
●    India's banks , especially the ones run by the state, have a lot of bad debts to take care of, which directly impacts their financial performance, lending ability and the economy as a whole.
●    "The Reserve Bank should clarify what should be the provisioning requirement for companies going under bankruptcy in the first day of default, in the event a bank decides to file it the same day," said Sapan Gupta, partner at law firm Shardul Amarchand Mangaldas & Co.
 

Current Affairs 14th May 2017: INTERNATIONAL NEWS


Implementation of the expanded India-Chile PTA

India and Chile have entered into another milestone in their trade relations as an agreement on expansion of India-Chile PTA which was signed on 6th September, 2016 is finally being implemented on 16th May, 2017. 
●    The Union Cabinet had approved the expansion of PTA in April, 2016. 
●    The expanded PTA would immensely benefit both sides as a wide array of concessions has been offered by both sides on a number of tariff lines which will facilitate more two way trade. 
●    India and Chile had earlier signed a Preferential Trade Agreement (PTA) on March 8, 2006 which came into force with effect from August, 2007. 
●    The original PTA had a limited number of tariff lines wherein both sides had extended tariff concessions to each other. 
●    India’s offer list to Chile consisted of only 178 tariff lines whereas Chile’s offer list to India contained 296 tariff lines at 8-digit level. 
●    The expanded PTA has a wider coverage wherein Chile has offered concessions to India on 1798 tariff lines with Margin of Preference (MoP) ranging from 30%-100% and India has offered concessions to Chile on 1031 tariff lines at 8-digit level with MoP ranging from 10%-100%. 


Current Affairs 14th May 2017: APPOINTMENTS

Justice Mukul Mudgal appointed as Chairman of FIFA Governance Committee

Justice Mukul Mudgal, retired judge of Delhi High Court, on 12 May 2017 was elected as the Chairman of FIFA Governance Committee.
●    The appointment was made at the world football governing body’s 67th Congress at Manama, Bahrain.
●    Mudgal, who until now served as the Deputy Chairman of the Committee, will take the office for four years effective immediately.
●    Finland’s Olli Rehn, who is the former Vice-President of the European Commission, will be the Deputy Chairman of the FIFA Governance Committee.
●    Justice Mudgal was the first choice for the FIFA Council and his name was proposed for the vacant position after Miguel Maduro was removed for his role.
●    Maduro allegedly played a role in blocking Russian World Cup official Vitaly Mutko from retaining his seat on ruling council.
●    The FIFA Governance Committee deals with, and advises and assists the Council on all FIFA governance matters.

Aruna Sundararajan appointed as Secretary of Department of Telecommunications

Aruna Sundararajan was on 10 May 2017 appointed as Secretary of Department of Telecommunications. 
●    However, she will continue to serve as the Secretary for Union Ministry of Electronics and IT (Meity).
●    Aruna succeeds PK Pujari, who was appointed to the post temporarily in March 2017. Sundararajan’s Secretary position will also be temporary.
●    Sundararajan is an IAS officer who played an important role in creating an IT department for the Kerala government in 1998. 
●    She has rich experience in overseeing operations of Kerala Government’s Bharat Broadband Scheme which provides subsidized broadband connections. 
●    Her previous important posts include IT secretary for Kerala Government and CEO of National Common Service Centre.
●    The post of full time Secretary of DoT has been lying vacant since the removal of J S Deepak from the post in March 2017.

V K Saraswat appointed as Chancellor of JNU

Eminent scientist V K Saraswat was on 12 May 2017 appointed as the Chancellor of Jawaharlal Nehru University (JNU).  
●    He succeeds former ISRO chairman K Kasturirangan, who completed his term on 30 March 2017. 
●    Saraswat will serve five years term at JNU. He is currently serving as the Member of NITI Aayog.
●    As the Chancellor of JNU, Saraswat will discharge functions such as presiding over the convocation ceremony for awarding degrees. 
●    Apart from being a member of the JNU court, he will be the competent authority to sanction leave to the vice-chancellor.
●    A PhD in Combustion Engineering, Saraswat played a very significant role in the development of the country’s first liquid propulsion engine- Devil.
●    He is credited with the development of other rocket engines such as Prithvi, Dhanush and Prahaar. 
●    He earlier served as the Director General of Defence Research and Development Organisation.
 

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