Today Current Affairs 5th May 2017

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The Ministry of New and Renewable Energy Piyush Goyal announced the launch of second round of wind energy auction for 1,000 MW. The announcement was done concurrently with the signing of Memoranda of Agreement (MoA) between the public sector Power Trading Corporation and the electricity distribution companies (discoms) of Uttar Pradesh, Bihar, Jharkhand, Delhi, Assam and Odisha. According to the Memorandum of Agreement, the distribution utilities of Uttar Pradesh will buy 449.9 MW electricity, Bihar 200 MW, Jharkhand 200 MW, Delhi 100 MW, Assam 50 MW and Odisha will buy 50 MW of wind power for meeting their non-solar renewable purchase obligation(RPO). All these companies will sell power to Power Trading companies at a rate of 3.46 a Kilo Watt hour.

The Insolvency and Bankruptcy Board of India (IBBI) constituted a Technical Committee to lay down technical standards for performance of core services in accordance with Regulation 14 of the IBBI (Information Utilities) Regulations, 2017.  The committee will be Chaired by Dr. R. B. Barman and the three members of the committee are Dr. Nand Lal Sarda, Dr.  Pulak Ghosh and Sh. V. G. Kannan. The Committee shall give its recommendation specifically on the matters namely the Application Programming Interface; standard terms of service; registration of users; unique identifier for each record and each user; submission of information; identification and verification of persons; authentication and verification of information. Dr. M. S. Sahoo is the Chairman of IBBI.

Facebook  launched its “Express Wi-Fi” commercially in India. Express Wi-Fi is one of facebook projects to help more people get online. Anyone can run an Express Wi-Fi hotspot, which means entrepreneurs across the country can offer their communities faster and more affordable internet. The service is now available via 700 hotspots across four states of Uttarakhand, Gujarat, Rajasthan and Meghalaya. For the expansion of service, Facebook has announced a partnership with Bharti Airtel for setting up an additional 20,000 hotspots covering millions of Indians over the next few months. Apart from India, “Express Wi-Fi” services are currently active in Indonesia, Kenya, Nigeria, and Tanzania.

President Pranab Mukherjee signed an ordinance giving more power to the Reserve Bank of India(RBI) to deal with the growing problem of non performing assets (NPA). The ordinance amends Section 35A of the Banking Regulations Act. After a cabinet meeting chaired by Prime Minister Narendra Modi , Finance Minister Arun Jaitely declared that a major decision was taken related to the banking sector.

India is all set to launch the Geosynchronous Satellite Launch Vehicle (GSLV-F09) carrying the GSAT-9 or the "South Asia" satellite. Initially, it was to be named “SAARC Satellite” but its name was changed to South Asia Satellite after Pakistan refused to join the project. According to Indian Prime Minister, the Satellite will be a “priceless gift” to neighboring countries. The satellite will lift off from the Satish Dhawan Space Centre in Sriharikota in Andhra Pradesh. The lift-off mass of GSLV-F09 is about 2,230 kg which includes the satellite and its launch vehicle. The mission lifespan is 12 years. The satellite is meant for providing communication and disaster support and connectivities among the countries of South Asia region.

The government declared draft rules for a ‘no-fly list’ for banning unruly passengers.  The government has come up with three levels of disruptions for flyers. Level 1 is disruptive behaviour like physical gestures, abusive language which can lead to suspension for 3 months. Level 2 is physically abusive behaviour like pushing, kicking, sexual harassment etc, which can lead to suspension for 6 months. Level 3 is life-threatening behaviour and the suspension is 2 yrs or more.

The Boxing Federation of India (BFI) recommended the women's trio of World championship silver - medalists for 2017 Arjuna Awards. The trio includes Saweety Boora(81kg), Sonia Lather(57kg) and Sarjubala Devi (51kg)  Both Saweety and Sonia are silver-medallists at the Asian Championships.

Prabhat Kamal Bezboruah appointed as the new chairman. He is the first non IAS and first industry representative of the Kolkata-headquartered Tea Board, the governing body of the industry. On the other side coffee grower M S Boje Gowda was appointed as chairman of the Coffee Board.

Turkey, Iran and Russia signed an agreement to set up of four "de-confliction zones" in Syria - the latest attempt to reduce violence in the country. The major objective of the memorandum is to stop the violence and facilitate conditions for the safe, voluntary return of refugees as well as to provide rapid and uninterrupted delivery of relief supplies and medical aid. The Syrian conflict is six years old. It has been estimated that more than 320,000 people have been killed in Syria.

The Haryana Government will set up police public schools in all subdivisions to provide best education facillities to the children of police personnel in the state by the end of April 2018. 1,560 houses for police personnel are being built by the Haryana Police Housing Corporation in the first phase.Construction of 1,500 more houses will be undertaken in the second phase. Apart from new police stations, the building for the National Institute of Fashion Technology in Panchkula will be constructed by the corporation at a cost of Rs 100 crore. The police Housing Corporation has already constructed 10 such police schools in the state.

Madhya Pradesh, Chief Minister Shivraj Singh Chouhan and Union Rural Development Minister Narendra Singh Tomar inaugurated the world level weapon production unit “Punj Lyod Defence System” in Malanpur Industrial Area of Bhind district. It is India's first private sector small arms manufacturing plant. The plant will manufacture four products, namely, X95 carbine and assault rifle, Galil sniper rifle, Tavor assault rifle and Negev Light Machine Gun (LMG).  It has been set up in joint partnership of Punj Lyod Raksha Systems and Israel Weapon Industry under the Make in India Programme.

Indian Shooter Shapath Bharadwaj reached his first ever International Shooting Sport Federation (ISSF) World Cup stage Final. Shapath was one of the four shooters to finish with a score of 135. His team mates Sangram Dahiya and Ankur Mittal finished17th and 19th shoots respectively with identical scores of 127.

Banganapalle Mango received a Geographical Indication(GI) tag, indicates the product comes from a specific region. Its is known for its sweetness and is called as the King of fruits. Banganapalle mangoes can retain their quality under cold storage even up to three months and have been growing in Andhra Pradesh for over 100 years.  Kurnool district in Andhra Pradesh is the origin region of this variety.

The National Green Tribunal (NGT) announced anyone found dumping electronic waste(e -waste) on the banks of river Ramganga in Moradabad in Uttar Pradesh have to pay Rs one lakh as environment compensation. This decision was taken by the bench headed by Justice Swatanter Kumar. River Ramganga is a tributary of the Ganga.  According to reports, India is the fifth-largest producer of e-waste, discarding roughly 18.5 lakh metric tonnes of electronic waste annually.

Film Director and actor Kasinathuni Viswanath received Dadasaheb Phalke Award, the country's highest award in cinema. The award presented by President Pranab Mukherjee at the 64th National Film Awards ceremony.He directed around 50 films. He became the 48th recipient of the award, the highest recognition in Indian cinema, which includes a golden lotus, a cash prize of Rs 10 lakhs.

In USA, lawmakers vote to repel and replace Obamacare which makes quality health insurance more affordable and available to the Americans. The Republican bill is known as the American Health Care Act.It would repeal most obamacare taxes,including a penalty for not buying health insurance. The bill would slash funding for medicaid, a program that provides insurance for the poor.