Current Affairs 30th August 2017 - Banking, SSC, UPSC Affairs

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State-owned National thermal Plant Corporation (NTPC) signed a term loan agreement for Rs. 3,000 crore with ICICI Bank for partially funding its capital expenditure. The loan which has a door-to-door tenure of 15 years will be utilized to part finance the capital expenditure of NTPC. It commissioned 3,845 MW capacity and added 2,190 MW to its commercial capacity during 2016-17. The installed capacity of the group was 51,671 MW as on July 31 and has over 28,000 MW of capacity under construction.

Jammu and Kashmir got Rs 200 crore funds allocated for the winter capital of Jammu under the Atal Mission for Rejuvenation and Urban Transformation (AMRUT). Under AMRUT, Rs 206.15 crore funds have been allocated for Jammu, covering the sectors like urban transport, green spaces, drainage, and sewerage.

Jaslin Kaur Josan becomes the first Indian Sikh woman to be selected by NASA for the Mars Expedition happening in 2030.  After Kalpana Chawla, Jasleen Kaur Josan becomes the 2nd Indian Women and first Sikh women to be selected by NASA for the Mars Expedition happening in 2030. The mission called the Orion Mission will be the first man mission to the red planet and candidates were selected from around the world.

Prime Minister Narendra Modi will attend the 9th Brazil, Russia, India, China and South Africa (BRICS) Summit, Xiamen in China’s Fujian province during 3rd to 5th of September.  He will pay a State visit to Myanmar from September 5th to 7th. It is his first bilateral State visit to Myanmar.

The Delhi Police launched YUVA a skill development programme under Pradhan Mantri Kaushal Vikas Yojana (PMKVY). It was inaugurated by Union Home Minister Rajnath Singh. It mainly aims to connect with youth by upgrading their skill as per their competencies. It will help youths to get gainful employment.

The Goods and Services tax (GST) launched on 1 July got off to a good start with collections exceeding the revenue target for the first month. Overall the tax collected is Rs 14,894 crore as Central GST, Rs 22,722 crore as State GST and Rs 47,469 crore as Integrated GST. According to the Finance Minister Arun Jaitley, taxes worth Rs 92,283 crore were collected in July from just 64.42 per cent of the total taxpayer base.

The Department of Industrial Policy & Promotion (DIPP) released the consolidated Foreign Direct Investment (FDI) Policy on Monday subsuming all the changes in rules and procedures notified by the government over the past year. The document included the startups can raise up to 100% of funds from foreign Venture Capital Investors(FVCI).

The Ministry of Textiles organized Pan India camps in handlooms and handicrafts groups under the initiative “Hastkala Sahyog Shivir”. The camps will be organized during 7th October to 17th October 2017. Under these camps, the services will be provided to the weavers and artisans are Issuance of credit facilities through MUDRA scheme, Issuance of Yarn Pass Book, Distribution of modern tool kits and equipment, Assistance for technological up gradation under Hathkargha Samvardhan Sahayata.

National Research Development Corporation (NRDC), the technology transfer and commercialization arm of the Ministry of Science & Technology won two accolades. It has won the Assocham Services Excellence Award and its Chairman and Managing Director, H Purushotham, an international recognition. The International Association of Advanced Materials (IAAM) Sweden honored Purushotham with the IAAM Medal 2017 for his outstanding R&D contributions in the Advanced Materials Science & Technology during its award ceremony in Stockholm, Sweden.

The United Nations (UN) global nuclear watchdog, International Atomic Energy Agency (IAEA) has opened world’s first low Enriched Uranium (LEU) Bank in Oskemen in Kazakhstan. The bank is owned and managed by IAEA. It will be the first of its kind LEU bank not to be under control of any individual country. It manages 123 tons of uranium in Angarsk, Russia but it is under the control of Russian Government.

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    Topics covered in the 30th August 2017 Current Affairs are
  • International News,
  • National News (ie. Indian Affairs),
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  • Bills & Acts Passed by Government,
  • Defence News,
  • About important Persons, Places,
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  • Sports News,
  • Revolutionary Updates on Arts & Culture,
  • Obituary,
  • Summits & Conference,
  • Important Committee,
  • Schemes,
  • Appointments,
  • Important Days & its Theme for Current as well as upcoming Year,
  • Books & Its Authors,
  • Agreements & MoUs,
  • Budget, Taxes,
  • Various Important Lists & Indexes,
  • Visits by World Presidents, Prime Ministers,
  • Political affairs and all Current News.

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