Daily Current Affairs 13th June, 2017

Daily Current Affairs 13th June, 2017


Expert Committee Constituted to examine Rules on Movement of People Near Indo-Myanmar Border

  • Ministry of Home Affairs has constituted an expert committee to examine the rules which allow free movement of people near Indo-Myanmar border. Indian and Myanmarese citizens are permitted free movement within 16 km of the international border, but these rules are widely exploited by militants for smuggling arms, drugs, and fake Indian currency.
  • The decision to constitute an MHA panel was taken at a meeting of chief ministers of the northeastern states which share a border with Myanmar. T
  • his is for the first time that meeting with the state governments has been called to discuss the issues concerning the Myanmar border.
  • The meeting was attended by Minister of State for Home Kiren Rijiju and chief ministers of Arunachal Pradesh, Manipur and Mizoram, and the Home Minister of Nagaland.

CRY Report: Uttar Pradesh ranks First in Number of Child Labourers

  • According to a recently released CRY Report on child labour, more than 8 lakh children between the age group of 5 and 6 years in India are engaged in child labour.
  • Child Rights and You (CRY) is an NGO working towards the upliftment of underprivileged children.
  • The organization got established in 1979 by Rippan Kapur.
  • As per the report, over 5 lakh children in India do not attend school. A majority of them are involved in family based employments.
  • Uttar Pradesh ranks first in the number of child labourers (2,50,672 children) in the country followed by Bihar (1,28,087 children) and Maharashtra (82,847 children).
  • The report has identified that the high level of poverty and unemployment along with a lack of adequate social security net are the important factors forcing children to work, compromising with their learning.
  • These children are often forced to migrate with their parents and assist in family occupations such as working in brick kilns.
  • The report cites that the Integrated Child Development Scheme (ICDS) suffers many limitations and is now covering only 50{be19e8fcc7081f751eba9e03bd22e904e5cf3e86733381e655a03b1ab7839769} of the child labourers.
  • In the decade 2001-11, the working children in the age group of 10-14 years saw a reduction of 30{be19e8fcc7081f751eba9e03bd22e904e5cf3e86733381e655a03b1ab7839769} but the child labourers in the age group of 5-9 years have seen an increase of 37{be19e8fcc7081f751eba9e03bd22e904e5cf3e86733381e655a03b1ab7839769} from 2001.


RBI Issues New Rs500 banknotes with inset letter ‘A’

  • In continuation of issuing of Rs500 denomination banknotes in Mahatma Gandhi (new) series from time to time which are currently legal tender, a new batch of banknotes with inset letter “A” in both the number panels, bearing the signature of Dr. Urjit R. Patel Governor, Reserve Bank of India; with the year of printing ‘2017’ on the reverse, are being issued.
  • The new series earlier released and currently, in circulation has the inset letter “E”. They will continue to be valid. The design of these notes is similar in all respects to the Rs500 banknotes.

SEBI asks Commodity Exchanges to Set up Investor service Fund

  • SEBI has come up with comprehensive guidelines asking the Commodity derivatives exchanges to compulsorily set up investor protection and service funds.
  • The commodity exchanges should maintain separate bank accounts for maintaining the corpus of the IPF and the ISF. ISF
  • The Investor Service Fund (ISF) is aimed at providing minimum facilities at various investor service centres.
  • At the initial stage, the commodity exchange has to contribute at least Rs 10 lakh towards ISF.
  • Subsequently, the commodity exchanges are required to transfer 1{be19e8fcc7081f751eba9e03bd22e904e5cf3e86733381e655a03b1ab7839769} of the turnover fees charged from its members on monthly basis towards the ISF.


Indian Warships reach Australia to take part in Bilateral Maritime Exercise AUSINDEX-17

  • Indian warships have reached Australia’s port city of Freemantle to take part in a week-long naval exercise off the Western Australian coast.
  • Exercise Australia-India (AUSINDEX) was firstconducted off the East Coast of India in September 2015.
  • AUSINDEX-17 will be the second overall bilateral drill between Indian Navy and Royal Australian Navy.
  • AUSINDEX bilateral exercise aims to enhance interoperability and professional interaction between two navies. Politically, the joint exercise assumes significance as India is yet to take a final decision to accommodate Australia’s request to participate in the Indian-led Malabar naval exercise this year.
  • Malabar naval exercise involves the navies of India, Japan, and the United States. Indian warships INS Kamorta, the INS Shivalik (first stealth warship built in India), and oiler INS Jyoti, will take part in the exercise.
  • Australian warships which will take part in the exercise includes missile frigate HMAS Newcastle; diesel-electric submarine HMAS Waller; special operations unit, Clearance Diving Team Four; and P3 Orion maritime patrol aircraft of the Royal Australian Air Force.
  • The exercise will be held between June 17 and 19.


Three new sites recognised as biodiversity hotspots in Goa

  • BirdLife International, a conservation organisation, has recognized three new sites in Goa as hotspots for protection. The sites have been added to their list of “Important Bird and Biodiversity Areas”.
  • The inclusion of these ecological hotspots in a new book come after systematic data collection by the Goa Bird Conservation Network (GBCN).
  • Now, seven areas in Goa have been termed important biodiversity areas by BirdLife. Goa earlier had four recognised biodiversity areas: Bhagwan Mahavir Wildlife Sanctuary and Mollem National Park, Carambolim Wetlands, Cotigao Wildlife Sanctuary and Mhadei Wildlife Sanctuary.
  • The list has now added Bondla Wildlife Sanctuary, Navelim Wetlands and Netravali Wildlife Sanctuary.
  • Declaring a site as anImportant Bird and Biodiversity Area does not ensure that the site gets legal protection or becomes inaccessible to people. Instead BirdLife International encourages national and State governments to recognise the areas as sites of vital importance for conservation of wildlife and to empower local community-based conservation initiatives.


Shah Rukh Khan, Salman Khan, Akshay Kumar Make It to Forbes World’s Highest-Paid Celebrities List

  • The Forbes list of world’s highest-paid celebs is out and has Sean Combs right at the top. On the list, Bollywood big stars with Shah Rukh Khan leading the charge at the 65th position with $38 million in earnings this year.
  • On his heels is Salman Khan at the 71st spot with $37 million earned in 2016-2017. Akshay Kumar is at 80th position with $35.5 million. Unlike last year, Amitabh Bachchan has not made to the list.


Veteran Telugu Poet, Writer C Narayana Reddy Passes Away

  • Legendary Telugu poet and writer C Narayana Reddy passed away. He was 85. He was honored with Padma Shri in 1977 and Padma Bhushan in 1992 by the Government of India.
  • He had received the Jnanpith Award for the year 1988. He was also the president of the Telangana Saraswatha Parishath. He was also a former Rajya Sabha MP.


Rafael Nadal rises to second in ATP world rankings

  • Rafael Nadal’s magnificent run to a 10th French Open title has earned the Spaniard a move into second in the latest ATP world rankings.
  • The Top three players in the list are- 1. Andy Murray, 2. Rafael Nadal, and 3. Stan Wawrinka


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