Current Affairs

Last updated :June 24,2019 3 days ago

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Today's Important Current Affairs

  • #1. IRSDC signed 2 MoAs to renovate 22 railway stations

    3 days ago
    Indian Railway Stations Development Corporation (IRSDC) signed 2 two agreements with 'Railway Station Redevelopment for the renovation of 22 railway stations. 
    IRSDC signed an agreement with MECON Limited (Formerly known as Metallurgical & Engineering Consultants Limited). 
    Eight railway stations including Andheri, Bandra Terminus, Ranchi, Chennai Egmore are redeveloped. 
    IRSDC signed a MOA with two other Central Public Sector Enterprises (CPSEs) - EPIL (Engineering Projects India Limited) and Bridge & Roof 
    14 railway stations including Kolkata Terminal, Kanpur Central, Kalyan Junction, Ludhiana, Hyderabad and Udaipur City are renovated.
    CPSEs prepare detailed project reports on the development of 22 stations and develop Project Management Consultant to IRSDC to implement the redevelopment program.

    #2. Event to commemorate 20 yrs of high altitude operations during Kargil conflict held on June 24

    3 days ago
    Air Force Chief BS Dhanoa AN-32 aircraft continue to fly in mountainous areas till the Air Force finds a replacement. 
    An AN-32 aircraft crashed recently in Arunachal Pradesh13 people onboard died.
    Indian Air Force is the process of getting more modern aircraft
    The seminar conducted to commemorate the 20 year anniversary of Indian Air Force strike on Tiger Hill during Kargil operations 

    About Indian Air Force
    Founded: 8 October 1932
    Headquarters: New Delhi
    Commander-in-Chief: President Ram Nath Kovind
    category: Indian Affairs

    #3. NABCB gets APAC certificate for personnel certification bodies in Singapore

    3 days ago
    National Accreditation Board for Certification Bodies (NABCB), India’s national accreditation body secured international equivalence for accreditation programme in the annual meeting of the Asia Pacific Accreditation Cooperation in Singapore.
    They signed the Mutual Recognition Arrangement (MRA) of the Asia Pacific Accreditation Cooperation (APAC) for its accreditation programme based on international standard, ISO/IEC 17024. ISO/IEC 17024: Conformity assessment - The general requirements for bodies operating certification of persons specifies criteria for the operation of a Personnel Certification Bodies.
    The requirements for the development and maintenance of the certification schemes are included in the certificate.
    NABCB to facilitate export of Indian services and skills into the world market persons are certified following international standards.
    Personnel Certification support many professionals in India.
    The certificate ISO/IEC 17024 with NABCB logo will be recognized internationally. 
    It is used to establish confidence in certified personnel for different activities.

    About National Accreditation Board for Certification Bodies (NABCB)

    NABCB an autonomous body attached to the Ministry of Commerce and Industry, responsible for the accreditation of certification/inspection bodies like international standards under an international system of equivalence. 
    This signifies that the accreditation of personnel certification bodies.
    It reduces the risk for business and its customers assuring that accredited Conformity Assessment Bodies (CABs)to carry out the work of accreditation. 
    The members of APAC and the CABs are required to comply with appropriate international standards. Accreditation has become an essential tool for getting acceptance of inspection, testing and certification done in India.
    it is referenced in many bilateral Free Trade Agreements like India and Singapore Comprehensive Economic Cooperation Agreement.
    NABCB accreditation is a requirement for certification of electrical/electronic and telecom products.
    They have currently accredited one certification body for Personnel Certification.
    This programme will help professionals to get certified based on their competence in any required field. 
    NABCB already supporting Ministry of AYUSH accredited certification body for certification for Yoga professionals.
    category: Indian Affairs

    #4. Hardeep Puri inaugurated the central ATFM complex

    3 days ago
    Shri Hardeep Singh Puri, Minister of State (I/c) for Civil Aviation inaugurated the Air Traffic Flow Management - Central Command Centre 
    It is at Vasant Kunj, New Delhi.
    The C-ATFM system to address the balancing of capacity against the demand to achieve optimum utilization of the major resources namely airport, airspace and aircraft.
    The C-ATFM integrates flight data from various subsystems like ATC Automation System and flight update messages. 
    The system displays weather information along with static information about airports, airspaces and air routes.  
    The system processed the demand and capacity information 
    It provides decision-making tools to the ATFM Flow Manager for collaborative decision making.
    The C-ATFM system supported by 36 Flow Management Positions (FMP) at various airports including Delhi, Mumbai, Chennai, Kolkata, Bengaluru and Hyderabad among others. 
    Eight defense airports ATFM network are provided with FMPs.
    category: Indian Affairs

    #5. Shefali Juneja appointed as India's representative in the Council of the International Civil Aviation Organisation (ICAO)

    3 days ago
    Government of India appointed Shefali Juneja appointed as India's representative in the Council of the International Civil Aviation Organisation (ICAO) 
    The period of three years. 
    She is currently serving as the Joint Secretary in the Ministry of Civil Aviation (MCA). 
    She will replace Alok Shekhar (IAS officer ) who is named for the post in October 2015.
    The council is composed of 36 states.
    The council member states are chosen under three headings namely states of chief importance in air transport, states make the largest contribution to the provision of facilities for air navigation 

    About the International Civil Aviation Organisation (ICAO) 
    Founder: Chicago Convention on International Civil Aviation
    Founded: 1944
    Headquarters: Montreal, Canada
    Head: Fang Liu



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  • #1. Canara Bank decided to grant only three free cash deposits of up to Rs 50,000

    23 June 2019

    Cash deposits in Canara Bank accounts of up to Rs. 50,000 are free for 3 transactions in a month, and then there will be a service charge of ₹1 per thousand, with a minimum of ₹50 and a maximum of ₹5,000-plus GST.
    This will be effective from July 1.
    The bank, however, gives five free cash withdrawals for saving banks (SB) accounts.
    However, senior citizen and Jan Dhan holders are exempt from the new levy.
    This move coincides with transaction charges on National Electronic Funds Transfer (NEFT) and Real Time Gross Settlement (RTGS) being waived off complying with RBI guidelines from July 1.
    SBI charges Rs 5 for the fifth withdrawal and Rs 50 as charges for the fourth cash deposit and thereafter.
    About Canara Bank:
    Founded: 1 July 1906
    Founder: Ammembal Subba Rao Pai
    Headquarters: Bengaluru
    Chairman: T.N. Manoharan
    Tagline: Together we can


    #2. Govt set to roll out IMEI database to help people track stolen mobile phones

    23 June 2019

    The Telecom Ministry is set to roll out a Central Equipment Identity Register (CEIR), a database of International Mobile Equipment Identity (IMEI) to help people track their stolen mobile phones.
    People can inform the Department of Telecom (DoT) on losing their phones, which will, in turn, blacklist their IMEI numbers.
    DoT had declared its plan to implement this project in July 2017 and a pilot was conducted in Maharashtra.
    According to TRAI data, there are 1.16 billion wireless subscribers in India as of March 2019.
    In the interim budget for 2019-20, the government allocated Rs 15 crore to the DoT for the CEIR project.
    IMEI is a 15-digit number that uniquely identifies each mobile device.
    In line with global practices, DoT’s identity register will be a database of IMEI numbers that will consist of three lists white, grey and black. Mobile phones with IMEI numbers in the white list will be permitted for use, while those in the blacklist will be the ones that are reported stolen or lost and will not be allowed to access the network. Devices with IMEI numbers in the greylist will be the ones that do not conform to standards but will be permitted to connect under supervision.

    category: Indian Affairs

    #3. RBI panel on MSMEs suggested Rs 20 lakh collateral-free loan under Mudra Scheme

    23 June 2019

    Reserve Bank of India (RBI) expert committee on Micro, Small and Medium Enterprises (MSMEs) headed by the former Securities and Exchange Board of India (SEBI) Chairman U K Sinha, has recommended doubling the capital on collateral-free loans from the current Rs 10 lakh to Rs 20 lakh, for borrowers falling under the Micro Units Development and Refinance Agency (MUDRA), self-help groups, and MSMEs.
    According to the 2006 definition, manufacturing units with investment below Rs 25 lakh were termed micro, those between Rs 25 lakh and Rs 5 crore termed small, and from Rs 5 crore to Rs 10 crore medium. For service units, the corresponding amounts were up to Rs 10 lakh for micro, Rs 10 lakh-2 crore for small, and Rs 2 crore-5 crore for medium enterprises.
    About Mudra Scheme:
    The Pradhan Mantri Mudra Yojana (PMMY) was launched on April 8, 2015 by Prime Minister Narendra Modi. The loans are given to non-corporate, non-farm small and micro enterprises.
    In 2018-19, about 60 million loans worth Rs 3 trillion were sanctioned under Mudra.
    Under the scheme, collateral-free loan of up to ₹10 lakh falls under three categories - Shishu, Kishore and Tarun. Shishu accounts for loans of up to ₹50,000, while ₹50,001 to ₹5 lakh are disbursed under Kishore. The third category is for loans of ₹5-10 lakh.

    category: Banking & Finance

    #4. India has the highest data usage per smartphone in the World: Report

    23 June 2019

    According to the  Ericsson Mobility Report, monthly data usage per smartphone in India rose to 9.8 gigabytes (GB) at the end of 2018, the highest in the world.
    It is expected that, Monthly data usage per smartphone would grow at 11 percent to reach 18 GB by 2024 from 9.8 GB in 2018.
    The report also projects that total mobile data usage per month in the country will go up 23 per cent in the coming five years, rising from 4.6 exabytes (EB) presently to 16 EB. One EB equals one billion GB.
    At the end of 2018, there were 5.1 billion smartphone subscribers globally, 99 percent of which were for 3G and 4G.
    North East Asia comes second with 7.1GB per month.


    #5. Namma Kolhapuri chappal got GI tag

    23 June 2019

    The controller general of patents, designs and trademarks has granted the GI (Geographical Indications) tag to Kolhapuri chappal from Kolhapur, Sangli, Satara and Solapur districts of Maharashtra and Dharwad, Belgaum, Bagalkot and Bijapur of Karnataka.
    Getting GI tag for Kolhapuri means that footwear produced only in these 8 districts will qualify to carry tag of being Kolhapuris.
    History:
    According to the GI application made by the two states, Kolhapuris can be traced back to the 12th century when King Bijjal ruled Bidar in Karnataka and his prime minister Vishwaguru Basavanna wanted to create a casteless society and remove the stigma associated with the cobbler community. The community embraced Lingayat faith and used its creative skills to start producing footwear known equally for its ruggedness and regal bearing.
    Brand Kolhapuri came into being only in the beginning of 20th century when the footwear began to be traded in 20th century when the footwear began to be traded in Kolhapur. Chhatrapati Shahu Maharaj (1874-1922) of Kolhapur encouraged its production and 29 tanning centres were opened during his rule in Kolhapur.
    About Geographical Indications (GI) tag:
    A geographical indication (GI) is a name or sign used on certain products which corresponds to a specific geographical location or origin.
    Darjeeling tea became the first GI tagged product in India, in 2004-05, since then by october 2018, 321 had been added to the list.
    The GI tag is valid for a period of 10 years. Further it can be renewed.




  • #1. Tech Mahindra signs contract with Airbus

    22 June 2019
    Tech Mahindra signed a multi-year contract with Airbus for cabin and cargo design engineering.
    The main aim to capitalize on the specialized skills and competencies in the growing cabin engineering business over the next few years.
    About Airbus
    It is a strategic customer and partner of Tech Mahindra.
    Our motto to develop innovative engineering and digital solutions for our customers. 
    The relationship with Airbus in consolidating their global supplier base while driving business efficiencies and competencies in this process.

    About Tech Mahindra
    Industry    IT services, IT consulting
    Founded    24 October 1986
    Founder    Anand Mahindra
    Headquarters    Pune, Maharashtra, India

    #2. Women's cricket nominated for inclusion at 2022 Commonwealth Games

    22 June 2019

    Commonwealth Games Federation (CGF) nominated the inclusion of women's cricket in the 2022 Commonwealth Games, which is scheduled to be held in Birmingham, United Kingdom.
    International Cricket Council (ICC) in partnership with the England and Wales Cricket Board (ECB) presented the compelling case for women's cricket to become part of the Commonwealth Games programme.
    Beach Volleyball and para table tennis were also nominated for inclusion in the 2022 edition.
    ICC Chief Executive:- Manu Sawhney
    About Commonwealth Games:
    2022 Venue: Birmingham, United Kingdom
    Nations participating: 73
    2018 Commonwealth Games was held in Gold Coast, Australia.
    The first official Commonwealth Games were held in 1930 in Hamilton, Canada.

    category: Sports

    #3. QS World University Ranking 2020: IIT Bombay tops among Indian institutions

    22 June 2019

    MIT (Massachusetts Institute of Technology) has made a history by topping the 2020 QS World University Rankings for the eighth consecutive year.
    Stanford University, Harvard University and California Institute of Technology (Caltech) -- all retain their positions at second, third and fourth in the world, respectively.
    Only three Indian institutes -- IIT-Bombay, IIT-Delhi and IISc-Bangalore making it to top 200 in 2020 QS World University Rankings.
    The Indian Institute of Technology, Bombay (IIT-Bombay), has emerged as India's best institution in the Quacquarelli Symonds (QS) World University Ranking 2020. IIT Bombay which was at 162nd rank last year has moved up to 152nd rank.
    IIT-Delhi has bagged 182th position and IISc Bangalore has secured 184th rank.
    About QS World University Rankings:
    Publisher: Quacquarelli Symonds Limited
    First issue: 2004
    Country: UK
    QS ranking is one of the three most-widely read university rankings in the world, along with Academic Ranking of World Universities and Times Higher Education World University Rankings.

    category: Index / List

    #4. India granted USD15 million to Niger for holding African Union Summit

    22 June 2019

    India has extended USD 15 million assistance to Niger for organising the African Union (AU) summit scheduled to be held in Niamey from July 7-8.
    The support of grant assistance was in response to a specific request made by the Niger government.
    This year, Niger is hosting an AU summit for the first time.
    In this AU summit, the historic African Continental Free Trade Area (AfCFTA) is likely to be launched.
    India and Niger:
    Bilateral ties between India and Niger have expanded significantly since the opening of the Indian Resident Diplomatic Mission in Niamey in 2009.
    India has provided Lines of Credit worth USD 96.54 million to Niger for projects in transport, electrification, solar energy, and potable drinking water.
    India is also establishing the Mahatma Gandhi International Convention Centre (MGICC) in Niamey under grant assistance.
    About Niger:
    Capital: Niamey
    Niger President:- Mohammed Saidil Moctar

    category: International

    #5. Govt plans to raise income tax limit to Rs 3 lakh, hike 80C deduction limit

    22 June 2019

    Union Finance Minister Nirmala Sitharaman may increase the personal income tax exemption limit to Rs 3 lakh of the annual income from the existing Rs 2.5 lakh for salaried class in the upcoming Budget 2019-20.
    At present, income up to Rs 2.5 lakh is exempt from personal income tax. However, income between Rs 2.5 to 5 lakh attracts 5 per cent tax plus 4 per cent cess, while that between Rs 5 to 10 lakh is levied with 20 per cent tax plus Rs 12,500 plus four per cent cess. Income above Rs 10 lakh is taxed at 30 per cent.
    Government is also planning to increase the tax exemption limit for savings and investments made under Section 80C of the Income Tax Act. Currently, the ceiling is Rs 1.5 lakh.
    Finance Minister Nirmala Sitharaman is due to present the budget in Lok Sabha on July 5.




  • #1. Bronze for India in the 58th Ostrava Golden Spike Athletics meet

    21 June 2019
    Annu Rani won the women’s javelin bronze in the 58th Ostrava Golden Spike athletics meet, 
    Croatia’s Sara Kolak took the gold and Slovenia’s Martina Ratej bagged the silver.
    About Annu Rani
    She is a Javelin thrower from Uttar Pradesh.
    She is supported by Olympic Gold Quest.
    A not-for-profit foundation that identifies and supports Indian athletes
    She finished eighth a best of 56.37 meters in the final.
    At the Asian Games in Incheon South Korea, she won the bronze medal with a throw of 59.53 meters
    She Born in Jatt Farmer Family in Dabthuwa Village of Meerut.

    #2. Council may consider GST cut on EVs

    21 June 2019
    According to officials in the Finance Ministry.GST Council meeting where rate reductions for electric vehicles (EVs) and the extension of the term of the National Anti-Profiteering Authority till November 2020,
    Tax experts the Council’s real focus on addressing concerns regarding the new return filing system 
    The start-up community is asking for the Council to further streamline the input tax credit refund system
    A large portion of their working capital is locked away.
    Some of the items on the table are a possible rate reduction to 5% for electric vehicles (from the 12% currently) till November 2020.
    The official indicated could be a discussion on an electronic invoices system.
    The discussion must also focus on the annual return filing form which is due to be filed on June 30.

    First Annual Return
    This is the first annual return that tax-filers will be filing for GST
    It requires a lot of detailed information, things that were not asked either in GSTR-1 or GSTR-3B
    The start-up community previously highlighted to Finance Minister Nirmala Sitharaman the problems faced by the sector with input tax credits being held up.
     
    category: Indian Affairs

    #3. SEBI sets up panel to review margins on derivatives

    21 June 2019
    Securities and Exchange Board of India (SEBI) decided to review the current framework of margins.
    The capital markets regulator set up a working group
    It is headed by NSE Clearing Ltd.
    Their aim to look into the issue and submit its recommendations to the Secondary Market Advisory Committee.
    The significance as lower cost of trading preferred to trade in Nifty contracts on SGX at Singapore.
    A recent study jointly conducted by Association of National Exchanges Members of India (ANMI) and consultancy firm Ernst & Young (EY)
    Insisted the fact that trading in derivatives in India costs more when compared with most of the other leading markets
    It is due to a variety of margins that are imposed on the traders.
    It is disclosed that unlike other markets where higher event-based margins are applied temporarily.
    Indian levy a variety of margins during the normal course thereby pushing up the overall cost of trading.

    About SEBI
    Founded: 12 April 1992
    Sector: Securities market
    Jurisdiction: India
    Headquarters: Mumbai
    category: Indian Affairs

    #4. Pompeo to pave way for Modi-Trump meet

    21 June 2019
    U.S. Secretary of State Mike Pompeo’s a boost between the political leadership of India and the U.S. A .
    Mr. Pompeo deliver a major public lecture, addressing the next generation of Indian youth.
    He discusses tricky issues like H1B visas for IT workers and Indian plans for data localization.
    The Secretary of State and External Affairs Minister S. Jaishankar primarily focus on preparations for the Trump-Modi meeting .
    He expected on the sidelines of the G-20 summit in Osaka on June 28-29.
    It is expected to meet with Japanese Prime Minister Shinzo Abe for an India-U,S,-Japan trilateral to discuss Indo-Pacific strategy.
    The 5G telecommunications and India’s planned purchase of the Russian S-400 anti missile systems.
    Apart from U.S. concerns on data localisation and a possible quid pro quo with H1-B visas, 
    It is expected to make it clear that if India goes ahead with the S-400 deal to offer high technology hardware like F-35 combat aircraft.
    Iran sanctions are expected to be taken up during the Trump-Modi bilateral talks discussed during Mr. Pompeo’s visit.
    Both governments are exploring the possibility of another meeting at the UN General Assembly.
    category: International

    #5. Fresh bill to ban Triple Talaq to be introduced in Lok Sabha

    21 June 2019
    A fresh bill to ban the practice of instant triple talaq introduced in the Lok Sabha. 
    The Muslim Women (Protection of Rights on Marriage) Bill, 2019 is been listed in the Lok Sabha's agenda replace an ordinance
    This is issued in February by the previous BJP-led NDA government.
    The 16th Lok Sabha the previous bill had lapsed pending in the Rajya Sabha.
    The Bill proposes to make the practice of instant triple talaq (talaq-e-biddat) a penal offence.
    The new bill is a copy of the ordinance in force. 
    Under the Muslim Women (Protection of Rights on Marriage) Ordinance, 2019
    The divorcing through instant triple talaq is illegal, void and will attract a jail term of three years for the husband.



  • #1. World Refugee Day is observed on 20 June with the theme #StepWithRefugees Take A Step on World Refugee Day

    20 June 2019
    World Refugee Day is observed on June 20 each year. The day is dedicated to raising awareness of the situation of refugees throughout the world. The theme for 2019 World Refugee day is #StepWithRefugees — Take A Step on World Refugee Day. The theme expects communities, schools, businesses, faith groups and people from all walks of life should take big and small steps in solidarity with refugees.
    Refugee is a person who has been forced to leave their country in order to escape war, persecution, or natural disaster.

    History:

    The United Nations General Assembly decided that from 2000, 20 June would be celebrated as World Refugee Day. The General Assembly noted that 2001 marked the 50th anniversary of the 1951 Convention relating to the Status of Refugees.
    Prior to 2000, the African Refugee Day had been formally celebrated in several countries. The Organization of African Unity (OAU) had agreed to decision of UN to observe the International Refugee Day coincide with Africa Refugee Day on 20 June.

    UN High Commissioner for Refugees (UNHCR):

    ♦ Formed on: 14 December 1950
    ♦ Headquarters: Geneva, Switzerland
    ♦ High Commissioner for Refugees: Filippo Grandi
    The Office of the United Nations High Commissioner for Refugees, also known as the UN Refugee Agency, is a United Nations programme. It aim to protect refugees, forcibly displaced communities and stateless people, and assist in their voluntary repatriation, local integration or resettlement to a third country.



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