Current Affairs Today - Current Affairs 2017

हिंदी करंट अफेयर्स प्रश्नोत्तरी 2017 के लिए यहाँ क्लिक करें.

Launch of navigation satellite IRNSS-1H unsuccessful: ISRO

The launch of IRSO’s eight navigation satellite IRNSS-1H onbaord of PSLV-C39 from Sriharikota, Andhra Pradesh was unsuccessful. The heat shield did not separate as a result of which satellite did not complete the 4th stage.

The IRNSS-1H was being sent to space to back up and replace the functions of India’s first navigation satellite IRNSS-1A (launched in July 2013) as its three rubidium atomic clocks on board had stopped functioning.

The rubidium atomic clocks on board of IRNSS-1A that stopped working were imported from European aerospace manufacturer Astrium. The atomic clocks are used to find satellite’s position with an accuracy of 0.5 metre.

IRNSS-1H

IRNSS-1H was India’s first satellite actively built by consortium of private firms led by Bengaluru-based Alpha Design Technologies. The consortium had completed 25% development work of IRNSS-1H, under the guidance of ISRO scientists. Prior to development of this satellite, private sector’s role was only limited to supplying components to ISRO.

IRNSS

The Indian Regional Navigation Satellite System (IRNSS) is an independent regional system developed by India on par with the US-based GPS, Russia’s Glonass and Galileo developed by Europe. The navigation system offers wide services like terrestrial and marine navigation, disaster management, vehicle tracking and fleet management visual and voice navigation for drivers. It was named “Navic” (Navigation with Indian Constellation) by Prime Minister Narendra Modi.

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India, Switzerland ink two MoUs in the field of Railways

India and Switzerland have signed two Memorandum of Understandings (MoUs) for exchanging technical cooperation in the field of Railways.

They were signed after delegation level talks between Prime Minister Narendra Modi and visiting President of Swiss Confederation Doris Leuthard in New Delhi. They also issued Joint press statement.

Signed Pacts

  • MoU between Konkan Railway Corporation Limited (KRCL) and Swiss Federal Institute of Technology, Zurich.
  • MoU between Ministry of Railways and Federal Department of the Environment, Transport, Energy and Communications of the Swiss Federation on Technical Cooperation in Rail Sector.

Key Takeaways of Joint press statement

FDI is a big part of the Indo-Swiss cooperation. Both countries agreed to enhance the business to business cooperation. Both countries are working on new bilateral investment treaty. India thanked Switzerland for supporting for its bid for MTCR and Nuclear Suppliers Group membership.

Switzerland agreed that reforms taken by India will serve good base for expanding cooperation in several areas. Switzerland has accepted automatic exchange of information for transparency in financial transactions with India to effectively combat black money and tax evasion and its parliament is going to pass legislation supporting it by year end. India committed to clean energy and green future and termed climate change as a global challenge.

India-Switzerland

India and Switzerland have long standing relationship and enjoy robust economic ties. Switzerland is being seventh largest trading partner and eleventh largest foreign investor for India. Both countries share common views on many major global issues.

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