Current Affairs Today - Current Affairs 2017

हिंदी करंट अफेयर्स प्रश्नोत्तरी 2017 के लिए यहाँ क्लिक करें.

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India’s First Underwater Rail Tunnel Completed

The two organizations Afcons Transtonnelstroy and Kolkata Metro Railway Corporation Ltd (KMCRL) involved in implementing the East West Metro have completed boring the India’s first underwater tunnel under the Hooghly river to link Howrah and Kolkata.  

The length of Kolkata’s East West Metro is 16.6 km long. Out of which a length of 502 metres is under the Hooghly river. The project is built by Afcons Transtonnelstroy and implemented by KMRCL. Afcons Transtonnelstroy is an Indo-Russian joint venture. The project connects Howrah to the west and Salt lake to the east. Digging the underwater tunnel was the critical task in the project. A massive tunnel boring machine called Rachna was used for boring the underwater tunnel. The tunnel boring job was completed within in a time of one month and six days well ahead of schedule.

The East West Metro with a length of 16.6 km will have 12 stations, six of which will be underground stations. The project which was slated to be completed by 2012 got postponed many times. The final commissioning of the project is expected to be held by December 2019.

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Union Cabinet Approves Abolition of FIPB

The Union Cabinet has approved the abolition of 25 year old FIPB. Henceforth, concerned ministries will be responsible for direct approval of foreign investment proposals. The decision falls in line with Finance Minister Arun Jaitley’s proposal to scrap FIPB in this year’s Union Budget.

FIPB was constituted in the mid-nineties under the Prime Minister’s Office following economic liberalisation.

Rationale

Over 90% of the FDI inflows in value terms enters through automatic route. The government expects that scrapping of FIPB would help in ease of doing business. At present, only 11 sectors, including defence and retail trading needs government approval for foreign direct investment (FDI).

New Mechanism

FDI proposals would be approved by the ministries concerned by following the standard operating procedure approved by the Cabinet. Those 11 sectors that require approval would be dealt directly by the concerned ministry.

In proposals related to security, the proposals will also need to require the approval of Home Ministry.

Those proposals which are presently pending before the FIPB will be sent back to the ministries concerned.

The FDI proposals above Rs 5,000 crore will continue to come under the purview of the Cabinet Committee on Economic Affairs (CCEA). 

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Inauguration of Integration of eSanad with CBSE’s Academic Repository

External Affairs Minister Sushma Swaraj, HRD Minister Prakash Javadekar and IT Minister Ravi Shankar Prasad has jointly inaugurated the integration of E-Sanad with CBSE’s digital repository ‘Parinam Manjusha’ in New Delhi.

Salient Highlights

E Sanad is an e-service for online verification and attestation of documents of Indian citizens.

E-Sanad an initiative under the Digital India programme that aims to offer faceless, cashless, contactless and paperless document attestation/apostille services.

It will benefit the applicants in India and those travelling abroad as it will enable them to get their documents attested and verified. It will facilitate digital verification by foreign governments.

The integration will pave way for the seamless electronic movement of the documents among the stakeholders.

It allows online filing of applications and saves precious time and money of applicants who at present are required to travel long distances for getting attested by the concerned authorities in States.

eSanad has been designed and developed by NIC.

eSanad has been integrated with Non- Tax Receipt Portal (NTRP) for enabling cashless payment.

Implementation

The eSanad will be implemented in phases. In the first phase, the initiative has been launched in five passport offices and is in the process of being implemented in the Apostille/ Attestation Cell of the Ministry.

For implementation in States, the initiative is being rolled out on a pilot basis in Telangana. Telangana has become the first state in the country where the pilot ‘e-Sanad’ project has been rolled out.

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