APPOINTMENTS
Sharad Jain
new DG NWDA
- Dr. Sharad Kumar Jain has
assumed the additional charge of Director General, National Water
Development Agency (NWDA) under Ministry of Water Resources, River
Development and Ganga Rejuvenation.
- Shri Jain is presently working
as Scientist G with National Institute of Hydrology (NIH), Roorkee.
- Shri Jain succeeds Shri S.
Masood Husain who has moved over as Member (WP&P), Central Water
Commission.
BANKING AFFAIRS
ICICI Bank
commissions 200 solar-powered ATMs
- ICICI Bank commissioned over 200
solar powered ATM sites in the last one year as part of its efforts to
reduce carbon footprint and use more clean energy.
- This is equivalent to the amount
of energy that can power 42,000 rural households for an entire year.
- ICICI Bank reduced its overall
energy consumption in large offices and branches from 198 million units in
2013-14 to 164 million units in 2016-17.
Reserve bank of India will observe a week long
financial literacy
- The Reserve Bank of India is
observing June 5-9, 2017 asFinancial Literacy Week across the country to
emphasize the importance of financial literacy.
- The Week will focus on four
broad themes namely Know Your Customer (KYC), Exercising Credit
Discipline, Grievance Redress and Going Digital.
- The Financial Literacy Centres
(FLCs) and rural branches will conduct special camps and all bank branches
in the country will display posters on the common themes inside the branch
premises.
Vijaya Bank plans to develop 100 Digital Villages
- Vijaya Bank started to develop
as many as 100 digital villages in various States across the country as
part of its initiative to promote digital banking among the rural
population.
- It is the only public sector
financial institution to develop digital villages with a focus on rural
population.
- The bank has already developed 5
villages into Digital Villages.
- In the Digital Villages, the
bank would offer Internet, free Wi-Fi connectivity, mobile payment
facilities, ATM cards, online banking and will carry out a door-to-door
campaign to educate the villagers.
State Bank of India to organise mega farmers meet
on June 8
- State Bank of India will meet
nearly 10,000 farmers to understand their credit need and provide finance.
- The meeting will be organized at
the bank's 15,500 rural and semi-urban branches across the country on June
8.
- It has a total loan outstanding
of Rs.2,70,000 crore (Two lakh seventy thousand crores) in the agriculture
segment.
BUSINESS AND ECONOMIC AFFAIRS
TATA
Projects launches initiative to promote green cover
- TATA Projects announced the
launch of Green Thumb, an initiative to enhance the green cover.
- TATA Projects planted over
42,000 saplings across over 100 locations during 2016-17.
- Over the past few years, over
1,00,000 saplings have been planted by TATA Projects at its various
project sites.
India GDP
growth to remain flat at 7.1% in 2017-18: HSBC
- India's economic growth is expected
to remain flat at 7.1 per cent in current fiscal as investment is still
weak and government spending might not be as high given the fiscal
consolidation, says an HSBC report.
- According to the global
financial services major, the GDP growth momentum is slowing since
mid-2016 and this trend is expected to continue going forward.
BOOKS AND AUTHORS
'Ministry of Utmost Happiness' authored by
Arundhati Roy launched
- The book “The Ministry of Utmost
Happiness” has been authored by Arundhati Roy, was released recently.
- It is fiction-based novel and
will be published by Hamish Hamilton UK and Penguin India.
INTERNATIONAL AFFAIRS
Five Arab
countries break ties with Qatar
- Saudi Arabia, United Arab
Emirates, Egypt and Bahrain cut diplomatic ties with Qatar.
- The countries accused Qatar
supported Sunni Islamist terrorism and Iranian designs in the region.
- The countries also planned to
break off all land, air and sea traffic with Qatar and eject its diplomats
from their territories.
Second MI
Ministerial to be Held 7-8 June 2017 in Beijing
- On 7–8 June 2017, the second
Mission Innovation Ministerial (MI-2) will take place in Beijing, China.
- MI-2 will bring together energy
ministers and other representatives from MI member countries to share knowledge
and collaborate on priorities for clean energy innovation.
- This event will include
ministerial working sessions, opportunities for high-profile
announcements, Innovation Challenge discussions, and a series of side
events.
- MI-2 will be co-located with the
eighth Clean Energy Ministerial (CEM8). While MI focuses on breakthrough
research and development for the new technologies of tomorrow, the Clean
Energy Ministerial focuses on scaling the deployment of clean energy
technologies and solutions that are available today.
India overtakes China to top global retail index:
GRDI
- India has surpassed China to
secure the top position among 30 developing countries on ease of doing
business, according to a study that cited India’s rapidly expanding
economy, relaxation of FDI rules and a consumption boom as the key
drivers.
- The GRDI was titled as ‘The Age
of Focus’, ranks China in second place. Malaysia was in the third position
in the list.
NATIONAL AFFAIRS
Panchayati
Raj Secretary J S Mathur releases Handbook on Safe Child Program
- The Panchayati Raj Secretary J S
Mathur released ahandbook and module on safe child program at a function
in New Delhi.
- The book contains child rights
and the role of panchayat members.
- Fifty percent village panchayats
are headed by women in the country and therefore it should be easy for
them to prevent abuse of children.
Shri M.Venkaiah Naidu launches ‘Segregation of
Municipal Waste at Source Initiative for NCR'
- On the occasion of World
Environment Day, the Union Minister of Urban Development Shri M.Venkaiah
Naidu launched a campaign on source segregation of municipal waste for
National Capital Region (NCR).
- The incorrect disposal and
burning of solid waste result in the emission of climate change causing
Greenhouse gases like Methane and Carbon Dioxide to the tune of 12.69
million tons of Carbon Dioxide in the country per year.
- The Minister released a special
edition of Diamond Toons Comic titled ‘Chacha Chaudhary & Swachh
Bharat’. The comic book depicts cartoons with a message pertaining to
solid waste management.
Dr Jitendra
Singh announces “Hill Area Development Programme” for Northeast
- The Union Minister of State
(Independent Charge) for Development of North Eastern Region (DoNER), MoS
PMO, Personnel, Public Grievances, Pensions, Atomic Energy and Space, Dr
Jitendra Singh announced the launch of, “Hill Area Development Programme”
(HADP) for Northeast in Imphal (Manipur).
- Elaborating on the new scheme,
Dr Jitendra Singh said that the hilly areas of Manipur, Tripura and Assam
have a distinct geo-physical entity and are lagging in socio-economic
development.
- As a result of peculiar
topography, he said, there is a wide gap between the hill and valley
districts in terms of infrastructure, quality of roads, health and
education etc.
- The Hill Development Programme,
he said, is inspired with a serious research and deliberation of all these
factors.
India’s first public bicycle sharing project
launched in Mysuru
- Chief Minister of Karnataka
Siddaramaiah has recently launched India’s first public bicycle sharing
(PBS) initiative 'Trin Trin' in Mysuru.
- The World Bank, Global
Environmental Fund, and state govt have jointly funded the initiative.
- Mysuru is the first city in
India to have a public bicycle sharing system. A total of 450 bicycles can
be borrowed from 48 docking stations set up across the City for a nominal
fee.
Telangana launches single-woman pension scheme,
First in India
- Telangana Government launched
the single-women pension scheme across the state.
- Single women will be given 1,000
per month as the first such scheme in India.
Government to implement India’s first Rural LED
Street Lighting Project in Andhra Pradesh
- Union Government launched 10
lakh LED street lights to be installed in Gram Panchayats of 7 districts
in State namely Guntur, Prakasham, Nellore, Kurnool, Kadapa, Anantapur
& Chittoor in the first phase.
- This is the first project for
rural LED street lighting in the country under the Government of India’s
Street Lighting National Project (SLNP).
- The entire upfront capital cost
of this project is being funded by French Development Agency Agence
Française de Développement (AFD).
- As per the 18th Electric Power
Survey of Central Electricity Authority (CEA), the estimated energy
consumption in Indian public lighting sector is 8478 Mega Kilo Watt in
2012-13 and is constantly growing at a Compound Annual Growth Rate (CAGR)
of 7 percent.
NSDC signs MoU with Bird Academy for skilling of
unemployed youth
- National Skill Development
Corporation (NSDC) and Bird Academy have signed an MoU to skill more than
30 thousand unemployed youth from across states in the aviation and
aerospace sectors.
- According to an official
release, NSDC and Bird Academy will set up training centres and centres of
excellence with an aim of increasing employability of youth in these
sectors.
National Board of Wildlife clears Rutland Island
for DRDO Missile Testing Project
- The National Board of Wildlife
approved Rutland Island in South Andaman to be the site for the country’s
long-range missile test facility.
- Taking into account the
strategic importance of the project for country’s defense, the Standing
Committee of the National Board of Wildlife has approved the project.
- The project involves diversion
of 49.978 acres forest land, of which 0.84 falls in the Mahatma Gandhi
Marine National Park and 49.138 reserve forest within 10km of the Eco
Sensitive Zone.
Government
to implement India’s first Rural LED Street Lighting Project in Andhra Pradesh
- Government of India, through the
Energy Efficiency Services Limited (EESL) under the Ministry of Power,
would be retrofitting 10 lakh conventional street lights with LED lights
in Gram Panchayats of 7 districts in Andhra Pradesh.
- This is the first project for
rural LED street lighting in the country under the Government of India’s
Street Lighting National Project (SLNP).
- In the first phase, the
replacement will be undertaken in gram panchayats of the districts of
Guntur, Prakasham, Nellore, Kurnool, Kadapa, Ananthapur and Chittoor.
- This replacement drive in rural
areas will help the gram panchayats to cumulatively save approximately 147
million units of electricity annually and lead to reduction of 12 crore
tonnes of CO2.
- The entire upfront capital cost
of this project is being funded by French Development Agency Agence Française
de Développement (AFD).
- As part of the project, EESL
would be carrying out the entire annual maintenance and warranty
replacement in these gram panchayats for a period of 10 years.
Telecom Regulatory Authority of India (TRAI)
launches three new apps
- Telecom Regulatory Authority of
India (TRAI) launched three new apps to help customers rate quality of
services, speed, and performance.
- The three new apps are My call
app, MySpeed app and 'Do not disturb (DND 2.0)' app.
- The MyCall app is an Android
application for crowdsourced voice call quality monitoring.
- My Speed app will enable TRAI to
obtain test-data from users in all service areas, without any action by
the users.
- The DND service app will enable
users to register their mobile number under DND to avoid unsolicited
commercial communication/telemarketing calls/SMS.
NSE launches International exchange at GIFT city
- National Stock Exchange (NSE)
launched its International exchange in the Gujarat International Finance
Tec-City (GIFT City).
- All the trades will be cleared
and settled through NSE International financial services center (IFSC)
Clearing Corporations Limited.
- NSE's rival BSE already
operationalised its global exchange India International Exchange (INX) at
international financial services center (IFSC).
National
Aviation University signs MoU with Bird Worldwide Flight Services (India)
- The National Aviation University
(NAU) signed a MoU with the Bird Worldwide Flight Services (India) Private
Limited on 1st of June 2017, to develop professional aviation and
aerospace education programmes and research for the benefit of the Indian
civil aviation industry.
- Internships and campus
placements for eligible students have been incorporated in the provisions.
- The focus of the skill
development programmes would be on quality of skilling which is aligned to
the National Skill Qualification Framework (NSQF).
SCIENCE AND TECHNOLOGY / DEFENCE AFFAIRS
Astronomers
Discover a Giant Planet Hotter Than Most Stars
- A team of Astronomers discovered
the hottest planet ever known, with a dayside temperature of more than
4,300 degrees Celsius.
- The new hottest giant planet
KELT-9b is a planet that is hotter than most stars.
- KELT-9b is a hybrid planet-star.
- It has the mass of Planet and an
atmosphere like a star.