Today Current Affairs 4th August 2017

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Customers can book their Tatkal railway ticket and choose to pay later under the new scheme announced by the Indian Railway Catering and Tourism Corp (IRCTC). The users can use 'pay on delivery' option to save payment time, increasing their chances of booking a confirmed ticket under the Tatkal quota. Till now, this service was available only for General reservations.

The Lok Sabha passes a bill to enable exit of Reserve Bank of India (RBI) from National Bank For Agriculture & Rural Development (NABARD) and increase authorized capital of the development institution six times to Rs 30,000 crores. The Bill substitutes references to provisions of the Companies Act, 1956 under the NABARD Act, 1981, with references to the Companies Act, 2013. The Bill replaces the terms ‘small-scale industry’ and ‘industry in the tiny and decentralized sector’ with the terms ‘micro enterprise’, ‘small enterprise’ and ‘medium enterprise’ as defined in the MSME Development Act, 2006.

The Union Government launched the 2nd AGRI-UDAAN Program in New Delhi. The program focuses on catalyzing scale-up stage food and agribusiness start-ups through rigorous mentoring, industry networking and investor pitching. The 6-month program is a unique platform for scale up stage innovators, entrepreneurs and startups in the Food and Agribusiness sectors.

Senior bureaucrat Mohammad Mustafa appointed as Chairman and Managing Director of Small Industries Development Bank of India (SIDBI). He is a 1995 batch IAS officer of Uttar Pradesh cadre and at present Joint Secretary in Department of Financial Services. The Appointments Committee of the cabinet approved his appointment to the post for three years, an order issued by the Department of Personnel and Training (DoPT).

The Union Parliament passes Indian Institutes of Information Technology (Amendment) Bill, 2017. The Bill modifies the composition of the search-cum-selection committee which recommends names to the Central Government. It permits the Board of Governor of Institutes to appoint Assistant Professors and all the posts above that level as well.

India's Manju Kumari won the bronze medal in women's 59kg category of the Junior World Wrestling Championship in Tampere, Finland. She defeated  Aleksandrina Nikolaeva Kashinova of Bulgaria. Divya Tomar (44kg), Nandini Salokhe (51kg) and Pooja Devi (67kg) missed the medal.

The National Company Law Tribunal (NCLT) approved the proposed merger between Bharti Airtel and Telenor India. Airtel covers its spectrum in all seven circles namely Andhra Pradesh, Bihar, Maharashtra, Gujarat, UP (East), UP (West) and Assam. It also covers Telenor India’s outstanding spectrum payments of some Rs1,650 crore and other operational contracts, including tower leases with Bharti Infratel and Indus Towers.

The Punjab State Government appointed Harmanpreet Kaur to the post of Deputy Superintendent of Police (DSP) in the state police. She got a cash prize of Rs 5 lakh cheque. Chief Minister Amarinder Singh directed the state Director General of Police (DGP) Suresh Arora to complete the necessary formalities for her appointment.

Hassan Rouhani officially was sworn in as the President of Iran for a second term. As per Iran’s Election Law, a President Elect is required to get the Leader’s approval before being sworn-in before the Parliament. Rouhani won the re-election in May 2017, after securing 57% of the votes. He defeated his main contender Ebrahim Raeisi.

Maharashtra Government launched two online portals MahaDBT and MahaVASTU to streamline the process of direct benefit transfer (DBT). It is the first state in the country to launch such a system that will provide direct benefits with Aadhaar authentication. MahaDBT portal: It is an Aadhaar-authenticated electronic mechanism that will enable direct transfer of benefits for over 40 schemes currently implemented. MahaVASTU portal: It is an online building permission management system, through which construction approvals will be sanctioned with full transparency.

Qatar’s Cabinet approved a draft law making permanent residency available to some non-citizens of the country. Under the new law, Residency permits will be granted to children of Qatari women married to foreigners. Gulf Arab countries have a high number of expatriate workers but do not allow naturalization of foreigners except in rare cases.

Multi Commodity Exchange of India Limited (MCX) and Mahindra Agri Solutions Limited a wholly owned subsidiary of Mahindra and Mahindra signed a Memorandum of Understanding (MoU) to provide agriculture related price information. This information will be available on their recently launched mobile application- ‘MyAgriGuru’, which is available for free on Google play store.

Wal-Mart India a wholly-owned subsidiary of US-based Wal-Mart Stores company appointed Devendra Chawla as chief operating officer and Executive Vice President. He will lead merchandising, marketing and omni channel functions for Walmart India's cash and carry business. He was CEO of the Future Consumer Limited (FCL) and Group President Food, FMCG, Brands Future Group.