Current Affairs Daily Digest: January 21, 2017
The Current Affairs Daily Digest for January 21, 2017 with important tid-bits on current affairs.
National Current Affairs
Union Government awards Rs. 60.9 crore as prize money for digital payments
The Union Government so far has awarded Rs. 60.9 crore as prize money to over 3.81 lakh consumers and 21,000 merchants under its two lucky draw schemes – Lucky Grahak Yojana and Digi-Dhan Vyapar Yojana. The winners included small farmers, anganwadi workers, housewives and labourers and most of the winners were in the age group of 21-30 years. Maharashtra, Tamil Nadu, Andhra Pradesh, Uttar Pradesh and Karnataka have emerged as the top five states with the maximum number of winners Both of these schemes were announced in December 2016 to boost digital payments post demonetisation. They aimed at incentivising the consumers and the merchants to promote digital payments. They will remain open till April 14, 2017.
Cooperative banks can’t accept deposits under PMGKY: Government
Government has notified that Co-operative Banks are not authorised to accept deposits under the Pradhan Mantri Garib Kalyan Deposit Scheme (PMGKDS). The deposits under this scheme can be accepted any banks to which the Banking Regulation Act, 1949 (10 of 1949) applies. The scheme allows assessees to disclose previously unaccounted and undeclared income under its ambit. The PMGKDS permits voluntary declarations of previously undisclosed income with an effective tax rate of 50% and requires assessees to deposit a further 25% of such wealth into a four-year interest-free deposit. The scheme was launched on 17 December 2016 and will remain open for declarations upto 31 March 2017.
India’s biggest aircraft carrier INS Vikramaditya becomes first warship to have ATM onboard
Indian Navy’s largest warship of the, INS Vikramditya became the first warship to be equipped with its own dedicated ATM (Automated Teller Machine). The ATM onboard of the ship will be provided by India’s largest public sector bank State Bank of India (SBI). The services will be on the satellite link and will cater to over two thousand naval personnel deployed on the aircraft carrier. A currency chest will also be provided to keep running the ATM. This ATM facility will ease out cash problems of a large floating population of the warship as they run out of money during long period of deployment of the carrier. INS Vikramaditya is a modified Kiev-class aircraft carrier purchased from Russia. It had entered into service with the Indian Navy in 2013 and was commissioned in November 2013 at a ceremony held at Severodvinsk, Russia. It was formally inducted into the Indian Navy and dedicated it to the nation by Prime Minister Narendra Modi in June 2014.
AYUSH Ministry, ASCI ink MoU to co-regulate advertisements in AYUSH sector
The Union Ministry of AYUSH and Advertising Standards Council of India (ASCI) have signed a Memorandum of Understandings (MoUs) to co-regulate malpractices in the advertisement of AYUSH sector. ASCI will comprehensively monitor these advertisements across print and electronic media with respect to AYUSH (Ayurveda, Yoga and Naturopathy, Unani, Siddha and Homoeopathy) drugs, treatments and related services. Read more
Government constitutes negotiation committee on Mahanadi and its Tributaries
The Union Ministry of Water Resources has constituted negotiations committee to assess availability and utilisation of waters of Mahanadi and its tributaries to resolve disputes over sharing of river waters among five states. These five states are Odisha, Chhattisgarh, Madhya Pradesh, Maharashtra and Jharkhand. The committee will be chaired by member (water planning and projects) of the Central Water Commission (CWC). Read more
Don’t add Hindi dialects in Eighth Schedule: Scholars
A group of Hindi professors have written to Prime Minister Narendra Modi requesting not to add dialects of Hindi, like Bhojpuri and Rajasthani, in the Eighth Schedule of the Constitution as full-fledged Indian languages. This development comes months after Union Minister Arjun Ram Meghwal had announced that Rajasthani will be added to 8th Schedule. Read more
India Innovation Index to measure performance of Indian states
The World Economic Forum (WEF), NITI Aayog, World Intellectual Property Organization (WIPO) and Cornell University will work to develop an India Innovation Index to provide impetus to states to drive innovative spirit. Based on the WIPO’s GII (Global Innovation Index), the India Innovation Index will be tailored to better reflect of India’s ground reality and include metrics well suited to the Indian context for innovation. Read more
Union Government clears Tamil Nadu’s Ordinance on Jallikattu
The Union Government has Tamil Nadu government’s proposal to promulgate an ordinance to hold Jallikattu, a traditional bull taming sport. The Union Ministries of Home, Law and Environment has vetted the state’s draft ordinance and cleared the amendment. Now, Tamil Nadu Governor can promulgate ordinance as per Article 213 of the constitution. Read more
India, UAE hold first strategic dialogue
India and the UAE held the first meeting of their strategic dialogue in New Delhi to elevate the bilateral relationship to Comprehensive Strategic Partnership. The meeting was co-chaired by Minister of State (MoS) for External Affairs M J Akbar and MoS in Ministry of Foreign Affairs of UAE Anwar Gargash. Read more
States Current Affairs
Bihar Government launches Nasha Mukt campaign to make state addidction-free
Bihar government launched Nasha Mukt campaign to make the state addidction-free with formation of over 11 thousand km long human chain across the state. It is claimed to be world’s largest human chain and broke previous record of 1050km human chain formed in Bangladesh. The campaign will herald a new era in the state as no one will be permitted to use intoxicating substance and tobacco products. Over two crore had people participated in this human chain that covered all panchayats of the state. With this, Bihar will become an ideal state of the country as dreamed by Father of Nation Mahatma Gandhi.
Tamil Nadu Governor promulgates Ordinance to conduct Jallikattu
Tamil Nadu Governor Vidyasagar Rao has promulgated an Ordinance (as per Article 213 of Constitution) paving way for resuming Jallikattu game in the state. With the ordinance, people form Tamil Nadu now for conducting the bull-taming game that banned by Supreme Court in May 2014. Earlier, Central government had given for the draft of the state ordinance after it was endorsed by President, enabling the approval of the state Governor. Jallikattu is bull-taming sport and an age-old annual event celebrated during Pongal (Harvest festival) in Tamil Nadu. It is one of the oldest living ancient traditions practiced in the modern era.
Banking, Business & Economy Current Affairs
WEF, UCSB partner to protect world’s $2.5 trillion ocean economy
The World Economic Forum and UCSB’s Marine Science Institute (MSI) have announced a partnership to improve health of world’s oceans and maritime resources. This partnership will harness the potential of public-private cooperation and the 4th industrial revolution to help the international community meet the ocean sustainable development goal. It will be supported by the Benioff Ocean Initiative for using science to improve ocean health, and the David and Lucile Packard Foundation to fund advance ocean science, protection and management. According to the World Wildlife Fund (WWF), oceans generate goods and services worth an estimated $2.5 trillion per year, equivalent to the 7th largest economy in the world.
International Current Affairs
Donald Trump sworn in as 45th US President
Donald Trump (70) was sworn in as the 45th President of the United States of America (USA). He was administered the oath of office by Chief Justice John Roberts. He succeeded Barack Obama who completed his second four year term. With this, he became first President of USA without political experience since Dwight D. Eisenhower (34th President). Besides, Mike Pence was also sworn-in as the Vice President of the US before Trump. Read more
Astronomer studies ‘habitable’ exoplanet Wolf 1061c
Astronomer Stephen Kane from San Francisco State University, US has studied an exoplanet called Wolf 1061c and found that it could be habitable. He found that Wolf 1061c’s orbit changes at a faster rate unlike Earth, which may cause its climate to be quite chaotic. His study was focused on finding “habitable zones” where water could exist in a liquid state on a planet’s surface. The planetary system of Wolf 1061c is located 14 light years away. Exoplanet: It is a planet that does not orbit the Sun and instead orbits a different star, stellar remnant, or brown dwarf. It is also termed as extrasolar planet.
IORA finalises MoU for cooperation in SME sector
ndian Ocean Rim Association (IORA) member-states have finalised Memorandum of Understandings (MoUs) for cooperation in small and medium-sized enterprises (SME) sector. The MoUs were finalised during the Workshop on MSME Cooperation amongst IORA member countries held in New Delhi. They will take effect for each party upon signature by 5 countries. Read more
Hong Kong withdraws visa-free facility for Indians
Hong Kong, a special administrative region of China has withdrawn the visa-free facility for Indians who will have to complete a pre-arrival registration. Henceforth, Indian Nationals will require Pre-arrival Registration. Thus, Indian nationals must successfully complete pre-arrival registration online before they can visit or transit Hong Kong if seeking to enter the region during transit. Read more
Places in News
ISKCON’s Govardhan eco village wins UNWTO Award for Innovation
ISKCON’s Govardhan eco village located in Wada taluka in Thane district (Maharashtra) was conferred the UNWTO Award for Innovation in the category of Non-Governmental Organisations (NGO). The award was presented to the village for taking innovative measures of ’sustainable tourism’ in country at the annual UN World Tourism Organisation (UNWTO) Awards for Excellence and Innovation in Tourism held at Madrid in Spain on Thursday. This is for the first time India has won such recognition from the UN in the NGO sector. UNWTO Award for Innovation in category of NGO is the highest honour given for a NGO for shaping global tourism through sustainable innovative initiatives.