Current Affairs 1st November 2016 - Banking, SSC, UPSC Affairs

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India on 30 October 2016 won the 4th edition of the Asian Hockey Champions Trophy for men.India defeated Pakistan 3-2 to reclaim the Asian Champions Trophy title. About Asian Champions Trophy: The Asian Hockey Champions Trophy is an event held annually by the Asian Hockey Federation.The tournament has been held since 2011.It features the Asian Games top six field hockey teams (Pakistan, China, India, Japan, South Korea and Malaysia) competing in a round robin format.Pakistan and India are the most successful teams in Asian Hockey Champions Trophy. Both the teams have won the trophy twice.Japan is the defending champion of the Women's Trophy.The 2016 Asian Men's Hockey Champions Trophy was held in Malaysia, Kuantan District.

Lewis Hamilton on 30 October 2016 outpaced Mercedes team-mate Nico Rosberg to win the 2016 Mexican Grand Prix.Red Bull’s Daniel Ricciardo ended on the third spot in the race. About Lewis Hamilton: Lewis Hamilton is a British Formula One racing driver.He currently races for the Mercedes AMG Petronas team.He is the 2008, 2014 and 2015 Formula One World Champion.In his first season in Formula One, Hamilton set numerous records while finishing second in the 2007 Formula One Championship, just one point behind Kimi Raikkonen.He won the World Championship the following season in dramatic fashion, becoming the then-youngest Formula One world champion in history before Sebastian Vettel broke the record two years later.Following his second world title in 2014, he was named BBC Sports Personality of the Year.  In 2015, he became the first British driver in history to win consecutive F1 titles, and the second British to win three titles after Jackie Stewart. He is the only driver in the history of the sport to have won at least one race in each season he has competed to date, with McLaren from 2007 until 2012, and with Mercedes since 2013. About Mexican Grand Prix: The Mexican Grand Prix is an FIA-sanctioned auto race held at the Autódromo Hermanos Rodríguez in Mexico City.  It first appeared as a non-championship event in 1962 before being held as a championship event from 1963-1970 and 1986-1992.The Grand Prix returned in 2015 at the Mexico City circuit.

India and Palestine on 31 October 2016 signed a Memorandum of Understanding for setting up of Palestine-India Techo Park in Ramallah. India has announced grant of 12 million US dollars for setting up the Park. Palestinian side has made the land available for the project.The announcement of the Techno Park was made during President Pranab Mukherjee's visit to Palestine in 2015. Highlights of the Techno Park: The Technopark will served as an IT hub in Palestine with complete IT faculties offering a one-stop solution to all IT-related service requirements. It will also provide state-of-the-art technology, host IT companies and foreign companies benefiting local business, universities and other institutions.The assistance is part of India’s strong commitment to support Palestinian cause. The project will help job creation, business and other opportunities for young Palestinians.

Andhra Pradesh and Telangana have jointly topped the ease of doing business ranking in the list prepared by the World Bank and the Indian government’s department of industrial policy and promotion for 2016. About Ease of Doing Business Index : Gujarat has slipped to the third position in the list and Chhattisgarh, Madhya Pradesh and Haryana occupied the fourth, fifth and sixth slots in the index based on the degree of implementation of the government’s 340-point Business Reform Action Plan. It is noted that Last year, only seven states implemented more than 50% of the reforms proposed. This year, 17 have implemented more than 50% of the 340 reforms listed by DIPP. States have created a dedicated body as a one-stop system for state-level regulatory and fiscal incentives approvals for single-window clearances. The states have also made good progress in tax reforms by mandating e-registration for value-added tax, central sales tax, and other such, and by allowing online payment and tax return filing. The results of the assessment demonstrate states have increasingly risen to addressing the challenge of making it easier to do business. The national implementation average stands at 48.93%, significantly higher than last year’s average of 32%.

According to NITI Aayog’s index on reforms in the farm sector, Maharashtra has been adjudged the most farmer friendly state in the country followed by Gujarat and Rajasthan. About NITI Aayog : NITI Aayog’- National Institution for Transforming India is a Government of India policy think-tank established by the Narendra Modi government to replace the Planning Commission. The stated aim for NITI Aayog’s creation is to foster involvement and participation in the economic policy-making process by the State Governments of India. The Union Government of India announced the formation of NITI Aayog on 1 January 2015, and the first meeting was held on 8 February 2015. The Prime Minister serves as the Ex-officio. Niti Aayog has started new initiative on the advise of Prime Minister Mr.Narendra Modi called ‘Niti Lectures: Transforming India’. The aim of this initiative is to invite globally reputed policy makers, experts, administrators to India to share their knowledge, expertise, experience in policy making and good governance with Indian counterparts. This initiative will be series of lectures started with first lecture delivered by Deputy Prime Minister of Singapore Mr. Tharman Shanmugaratnam. He delivered lecture on subject called “India and global economy” at Vigyan bhawan, New Delhi. Prime Minister spoke about the idea behind this lecture series and stated that his vision for India is rapid transformation not gradual evolution.

Prime Minister Narendra Modi  honoured Sardar Vallabhbhai Patel on the occasion of his 141st birth anniversary in New Delhi on October 31, 2016. About Sardar Vallabhbhai Patel: Sardar Vallabhbhai Patel was an Indian barrister and statesman, one of the leaders of the Indian National Congress and one of the founding fathers of the Republic of India. He was a social leader who played a leading role in the country’s struggle for independence and guided its integration into a united, independent nation. In India and elsewhere, he was often addressed as Sardar, which means Chief in Hindi, Urdu and Persian. He was raised in the countryside of Gujarat. Patel was employed in successful practice as a lawyer. He subsequently organised peasants from Kheda, Borsad, and Bardoli in Gujarat in non-violent civil disobedience against oppressive policies imposed by the British Raj; in this role, he became one of the most influential leaders in Gujarat. He rose to the leadership of the Indian National Congress, in which capacity he would organise the party for the elections held in 1934 and 1937, as well as continue to promote the Quit India Movement. As the first Home Minister and Deputy Prime Minister of India, Patel organised relief for refugees fleeing from Punjab and Delhi and led efforts to restore peace across the nation. Patel took charge of the task to forge a united India by integrating into the newly independent nation those British colonial provinces “allocated” to India. Besides those provinces under direct British rule, approximately 565 self-governing princely states had been released from British suzerainty by the Indian Independence Act 1947. Through both frank diplomacy as well an option to deploy military force, Patel would persuade almost every princely state to accede to India. Patel’s commitment to national integration in the newly independent country was total and uncompromising, earning him the sobriquet“Iron Man of India”. He is also affectionately remembered as the“Patron saint of India’s civil servants” for having established the modern all-India services  He is also called the Unifier of India. PM Modi also offered floral tributes at Sardar Patel’s statue at Patel Chowk in Delhi’s Parliament Street. PM Modi had highlighted the contribution of Vallabhbhai Patel, popularly known as the Iron Man of India, in uniting the country during his monthly ‘Mann Ki Baat’ radio programme. Modi also pointed out that Vallabhbhai Patel contributed significantly in strengthening the cooperative movement in the country, adding that the country’s first home minister dedicated himself to the welfare of farmers. Rashtriya Ekta Diwas  : Rashtriya Ekta Diwas (National Unity Day) was introduced by the Government of India and inaugurated by Indian Prime Minister Narendra Modi in 2014. The intent is to pay tribute to Vallabhbhai Patel, who was instrumental in keeping India united. It is to be celebrated on 31 October every year as annual commemoration of the birthday of the Iron Man of India Sardar Vallabhbhai Patel, one of the founding leaders of Republic of India. 

World Cities Day was observed on 31 October 2016 with theme Inclusive Cities, Shared Development. The year’s theme highlights the important role of urbanization as a source of global development and social inclusion. Recognizing the significance of urban basic services as a foundation for the overall social and economic development, the UN General Assembly by resolution 68/239 designated 31 October as World Cities Day. Planned urbanization maximizes the capacity of cities to generate employment and wealth, and to foster diversity and social cohesion between different classes, cultures, ethnicities and religions. Cities designed to live together create opportunities, enable connection and interaction, and facilitate sustainable use of shared resources.

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