Daily Current Affairs 19th May, 2017

Daily Current Affairs 19th May, 2017


NATIONAL

Cabinet Minister inaugurates 15th National Meeting 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.
  • The two-day 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.

Recent Important Cabinet Approvals- May 2017

The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has given its approval in the various fields and has also approved some important MoUs.

  • The important approvals of the Cabinet are as follows-
  • Signing of the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting by India.
  • Construction of 10 units of India’s indigenous Pressurized Heavy Water Reactors (PHWR).
  • MoU between India and Australia on Cooperation in Combating International Terrorism and Transnational Organized Crime.
  • Faculty Exchange Agreement between National Defence College, New Delhi and National Defence College, Dhaka, Bangladesh.
  • Pan-India implementation of Maternity Benefit Program- Pregnant Women and Lactating Mothers who are eligible will receive a cash benefit of Rs.5,000/- in three installments.
  • Agreement between India and Tajikistan on Cooperation and Mutual Assistance in Customs Matters.

PM Narendra Modi to inaugurate India’s longest river bridge in Assam on May 26

  • Prime Minister Narendra Modi will inaugurate India’s longest river bridge ‘Dhola-Sadiya bridge‘ in Assam on May 26.
  • It will bolster the road connectivity in the Northeast as the bridge will be used by people of Assam and Arunachal Pradesh besides defence forces extensively.
  • The length of the Dhola-Sadiya bridge is 9.15 km and is built cross river Lohit at the easternmost tip of Assam.
  • Dhola-Sadiya bridge will be the longest bridge in India overtaking the Bandra-Worli sea link in Mumbai.

ECONOMY,BANKING AND FINANCE

CCEA approves new coal linkage policy 2017

  • Cabinet approve signing of Fuel Supply Agreement (FSA) with Letter of Assurance (LoA) holders of Thermal Power Plants(TPPs), and Introduces a new more transparent coal allocation policy for Power Sector, 2017-SHAKTI (Scheme for Harnessing and Allocating Koyala (Coal) Transparently in India).
  • The approved framework ensures that all projects with linkages are supplied coal as per their entitlement. This will ensure the rights of coal supplies for FSA holders and signing of FSA with LoA holders.

RAIL-CESS

  • Plagued by repeated derailments, the Railways is considering imposing safety cess on train tickets to be utilised for strengthening accident prevention measures.
  • The Railways will have to generate additional revenue of Rs. 5,000 crore in the current fiscal as its contribution to the safety fund created in the budget. For this, the Railways is looking for support from the people.

Japan’s SoftBank Invests Rs 9,000 Crore in Paytm

  • Softbank has made its biggest investment in an Indian digital enterprise by sealing a funding round of Rs 9,000 crore ($1.4 billion) in mobile payments provider Paytm.
  • This is the largest fund infusion by a single investor in an Indian start-up and also Softbank’s largest investment in a single company in India.

DEFENCE

Joint HADR Exercise:

  • The Annual Joint Humanitarian Assistance and Disaster Relief (HADR) Exercise involving multiple agencies and being conducted by Indian Navy’s Western Nava Command has commenced at Naval Station Karwar.
  • Named as “KARAVALI KARUNYA”, the exercise, which involves both professional exchange and actual disaster response mechanisms is set on a Tsunami disaster scenario.

Bilateral Exercise SIMBEX-17 between Indian & Republic Of Singapore Navy Commences

  • The 24th bilateral exercise involving Indian Navy and Republic of Singapore Navy has commenced in South China Sea. SIMBEX stands for “Singapore-India Maritime Bilateral Exercises“.
  • The exercise will be held from May 18, 2017 to May 24, 2017.
  • This edition of the bilateral exercise aims at increasing the interoperability among the two navies as well as developing a common understanding and procedures among the two navies for maritime security operations.
  • The major thrust of the exercise will lie on Anti-Submarine Operations (ASN), integrated operations with Surface, Air and Sub-surface Forces, Air Defence and Surface Encounter Exercises.

EVENTS

Start up India Summit to be held in Dubai

  • CGI (Consulate General of India) Dubai and Embassy of India in Abu Dhabi in partnership with iSPIRIT, a nonprofit think tank will host a two-day “Start-up India Summit” in UAE on 23rd and 24th of May 2017.
  • This is the first such “Start-Up Summit” being held in the UAE. The aim is to provide a shared platform for the Start-up ecosystem in both India and UAE for greater collaboration, exchange ideas, interact with academia, investors and industry.

PM to inaugurate Annual Meetings of African Development Bank

  • Prime Minister Narendra Modi will inaugurate the Annual Meetings of the African Development Bank (AfDB) on May 23, 2017.
  • This is the first time in the history of AfDB Group that India would be hosting the Annual Meetings of the bank.
  • The meetings are to be held from May 22 to 26 at Gandhinagar in Gujarat. The core theme of the event is “Transforming Agriculture for Wealth Creation in Africa”.

AWARDS AND HONOURS

ISRO gets Indira Gandhi Prize for 2014

  • The Indian Space Research Organisation (ISRO) was recently presented with the Indira Gandhi Prize for Peace, Disarmament and Development for the year 2014.
  • The ISRO was selected for the prize in 2014 by a jury headed by Vice-President Hamid Ansari.
  • It consists of a trophy made of banded Haematite Jasper, with a portrait of the late Prime Minister Indira Gandhi in Jaipur miniature paintings, a cash award of ₹1 crore and a citation.

Indian Scientist Shrinivas Kulkarni Wins Prestigious Dan David Prize

  • Indian scientist Shrinivas Kulkarni has won the prestigious Dan David prize as a recognition for his contributions made in the field of astronomy. Shrinivas Kulkarni, a professor of astrophysics and planetary science at California Institute of Technology in Pasadena, is a pioneer in the field of time-domain astrophysics.
  • He has been credited for building and conducting the Palomar Transient Factory, which is a large-area survey of the night sky that has turned up with thousands of stellar explosions.
  • Shrinivas kulkarni would share the award with Andrej Udalski of the University of Warsaw and Neil Gehrels of NASA for their discoveries on time-domain astrophysics in the “Future” category of the prize.

Purnima Devi Burman and Sanjay Gubbi Wins Prestigious Whitley Awards

  • Sanjay Gubbi of Karnataka and Purnima Barman of Assam have won the prestigious Whitley Award for their contributions in wildlife conservation.
  • Whitley awards are popularly known as Green Oscars.
  • The two Indians were among the six selected out of 169 applicants from 66 countries.
  • Purnima Devi Burman has been selected for her efforts for the conservation of greater adjutant storks and its habitat.
  • She created an all female network in three villages of Kamrup district to save the adjutant storks and their habitats.
  • The global population of adjutant storks is 1200-1800. Around 800 of them are found in Assam and 150 in Bihar.
  • Sanjay Gubbi has been selected for his contribution to protect tiger corridors in Karnataka. Gubbi who is wildlife biologist and scientist works with the Mysuru-based Nature Conservation Foundation.
  • Gubbi is also a member of the State Board for Wildlife and works actively to mitigate conflict issues. In 2012, he was instrumental in securing the largest expansion of protected areas in India since 1970. He helped to increase the size of protected areas in Karnataka by 37{be19e8fcc7081f751eba9e03bd22e904e5cf3e86733381e655a03b1ab7839769}.

APPOINTMENT

Harsh Vardhan gets additional charge of Environment Ministry

  • Union Science and Technology Minister Harsh Vardhan was given additional charge of the Environment Ministry following the death of Union Environment Minister Anil Madhav Dave.
  • It was in accordance with the President of India Shri Pranab Mukherjee.

Paytm Payments Bank names Renu Satti as the new CEO

  • Paytm has announced its long-time executive and vice president Renu Satti will be the CEO of its Paytm payments bank.
  • India’s leading digital wallet player Paytm has recently received the final licence from the Reserve Bank of India for its payments bank entity.

 

 

 

 

 

 

 

 

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