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Important Current Affairs 11th August 2017

Important Current Affairs 11th August 2017

Current Affairs 11th August 2017: NATIONAL NEWS

Ministerial meeting of BIMSTEC sets off in Kathmandu

The 15th Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) ministerial meeting was held at Soaltee Crowne Plaza in Kathmandu, Nepal on 10 August 2017.
●    The two-day meet was inaugurated by Nepal’s Prime Minister Sher Bahadur Deuba and chaired by Deputy Prime Minister and Minister for Foreign Affairs Krishna Bahadur Mahara. 
●    The meeting was preceded by the 18th BIMSTEC Senior Officials’ Meeting (SOM), which was chaired by Nepal’s Foreign Secretary Shanker Das Bairagi.
●    The main agenda of the meeting was to finalise a free trade agreement among the BIMSTEC members including negotiations on market access for professionals and reducing the duty on trading goods.
●    It also meant to finalise the date of the fourth BIMSTEC Summit that will be hosted by the Nepal, the current chair of the sub-regional forum.

Venkaiah Naidu sworn in as 13th Vice President of the country

Former Union Minister Muppavarapu Venkaiah Naidu has sworn in as the 13th Vice President of India on 11 August 2017. 
●    He has been administered the oath of office and secrecy by President Ram Nath Kovind at a special function at Rashtrapati Bhavan.
●    After the ceremony, Naidu took charge as the Chairman of Rajya Sabha at Parliament House and presided over the proceedings in the Upper House.
●    Before proceeding to the Parliament House this morning, Naidu paid tributes to Mahatma Gandhi at Raj Ghat, Deen Dayal Upadhyay at DDU Park and Sardar Patel at Patel Chowk.
●    Naidu was elected as the Vice President on 5 August 2017 by defeating opposition candidate Gopal Krishna Gandhi.

Lok Sabha passes bill to ensure wage payments through e-transfer, cheques

Employers will soon be able to pay wages solely via cheque or bank transfer, with the Lok Sabha on Tuesday passing a bill to remove a provision in the law that requires workers’ consent for non-cash wage payments.
●    The Payment of Wages (Amendment) Bill is part of the National Democratic Alliance (NDA) government’s ongoing drive to create a less-cash economy.
●    Under the Payment of Wages Act 1936, employers can use cheque or bank transfers to pay wages only with written authorization from the employee. 
●    Tuesday’s amendment bill, once it becomes an Act, will replace the old legislation and allow employers to pay in cash, cheque or credit the amount directly to a bank account, even without a worker’s approval.
●    “The Payment of Wages (Amendment) Bill got Lok Sabha approval today and the ministry shall try to pass this in the Rajya Sabha in the next two days,” said a media officer in the office of labour minister Bandaru Dattatreya. 
●    The first leg of the budget session ends on 9 February.

Punjab Police to set up SPG to combat terrorism, infiltration

Punjab Police would soon get a 270-member special protection group (SPG), specially trained in Israel and equipped with best weapons to combat terrorism and neutralize armed aggressors, counter infiltration, hijacking, hostage-taking and other such threats.
●    The state police's proposal was given an in-principle approval in a meeting chaired by chief minister Amarinder Singh on Thursday.
●    Formal proposal for setting up of the SPG would be placed in the next cabinet meeting. 
●    The chief minister suggested that SPG's small core team could be sent to Israel for the state of art counterinsurgency training.
●    As per the plan, the SPG would be headed by an ADGP rank official with IG and a DIG rank officers to assist him. 
●    The team would be divided into three squads, each headed by a SP rank officer of less than 35 years of age. 
●    The DSP rank officers in the team would be younger than 30 years and other ranks would be in the age group of 18-25 years.

Current Affairs 11th August 2017: SPORTS

India drop place to 97th in FIFA rankings

India dropped a place in the latest FIFA rankings released on Thursday to stand at number 97. 
●    In July, India had reached their best FIFA ranking in the last 21 years as they stood at 96, the second highest ranking for the country ever.
●    The Blue Tigers did not play a single International match in the last one month, which resulted in a dip in the ranking. 
●    Stephen Constantine’s side, however, remained in the top 100 rankings. They last played against Nepal in a friendly on June 2 and defeated them 2-0 at home.
●    India currently stand at 341 points on the 97th position, four points behind 96th placed Zambia. 
●    The team has progressed brilliantly under the English manager Constantine, who started coaching the team when it was ranked 171st in the world. 
●    This is his second stint with India after taking charge. 
●    India have been on a seven-game winning streak.

Shuttler HS Prannoy jumps to 15th spot in BWF rankings

Indian shuttler H.S Prannoy jumped a couple of places to be at 15th spot in the latest Badminton World Federation (BWF) rankings released on Thursday.
●    Prannoy’s former World No. 12 compatriot Sourabh Verma, who was the star performer at the New Zealand Open, also vaulted five places to sit at the 32nd spot while Parupalli Kashyap jumped one place to be at 46th.
●    Guntur player Kidambi Srikanth, who is in prime form in the current season, remained at the eighth spot.
●    In women’s singles, Rio Olympics silver medallist P.V. Sindhu and London Olympics bronze medallist Saina Nehwal continued to be at fifth and 16th spot respectively.
●    In women’s doubles category, Ashwini Ponnappa and N. Sikki Reddy were placed at the 25th spot.

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