Current Affairs – March, 2019

India extends Financial Grant for building educational campus in Nepal

India has extended a financial grant of 35.5 million Nepalese rupees for the construction of an educational campus in Nepal under the Development Partnership Programme.

Development Partnership Programme

The Development Partnership Programme is administered by the Development Administration Partnership division in the Ministry of External Affairs.

India has a long history as a provider of development assistance and over the years and India’s development assistance has started to cover a large number of countries over the last few years. Hence for streamlining the delivery of assistance and improving the effectiveness of such efforts Development Administration Partnership was established in January 2012.

India’s provides development assistance in one of three forms:

  • Grant assistance.
  • Lines of credit.
  • Capacity-building.

Development Administration Partnership under the Ministry of External Affairs aims to provide for effective and efficient handling of all aid projects from the stages of concept, launch, execution and completion for the efficient implementation of projects, in close cooperation and facilitation of the partner countries.

Superstats Launched

Researchers from Indian Institute of Technology Madras (IIT-M), Gyan Data (an IIT-M incubated company) together with experts from ESPNcricinfo have launched Superstats, a new metrics to analyse the game of cricket.


Superstats comprises of three metrics: Luck Index, Forecaster, and Smart Stats. Superstats which is based on data science also ventures into new territories such as luck and forecasting to give a context to every event in a game during this IPL season.

Taking into account score-cards i.e. ball by ball database of all IPL matches played in India in the last ten years, researchers have developed an algorithm based on machine learning system.

This algorithm processes accurate, fast data and quantifies impact of luck and analyzes the real value of a player’s performance in real-time.

Superstats will provide the viewers with a new experience wherein where match information, analysis and projection are backed with data science.