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Daily Current Affairs 27th Jan 2018

ASEAN-India Commemorative Summit issues Delhi Declaration

  • The ASEAN-India Commemorative Summit was held in New Delhi to praise the 25th commemoration of the foundation of sectoral discourse between two sides under the topic of “Shared Values, Common Destiny”.
  • It issued joint explanation titled Delhi Declaration after the whole session concentrating on counter-psychological oppression, personality security, military participation, and reciprocal money related help.

Nitin Gadkari opens projects worth Rs 6,517 crore in Uttar Pradesh

  • Union Minister Nitin Gadkari on 25th Jan 2018 inaugurated and also laid the foundation stone for several projects in Uttar Pradesh — all totalling Rs 6,517 crore.
  • These seven national interstate (NH) ventures have an aggregate length of 246 km, Ministry of Road Transport and Highways said in an announcement.
  • In Maharajganj, Gadkari opened the recently enlarged and fortified 26.9 km Urka-Ramnagar area and 33 km long Siswa Babu to Kaptanganj segment of NH 730.
  • What’s more, the street transport and roadways serve additionally established the framework stone for an Intermodal Terminal on National Waterways – I (River Ganga) at Ghazipur.
  • This terminal is being built as a major aspect of the World Bank supported Jal Marg Vikas venture and will give multi-purpose transportation office to freight.

Pradhan Mantri LPG Panchayat launched in Jharkhand

  • On 25th Jan 2018, Jharkhand Chief Minister Raghubar Das has launched ‘Pradhan Mantri LPG Panchayat’ in the state from Balijore village in Dumka district.
  • Jharkhand is the first state where beneficiaries are also getting stoves along with gas connections said CM Das.
  • The chief minister said Rs 300 crore was earmarked in the budget for LPG and stove distribution, adding so far, 10 lakh beneficiaries have got the connections and the state has set a target of 28 lakh poor families getting the connections this year.

CM launches benefits under Mahatma Gandhi Sarbat Vikas Yojana for Distressed Section on R-Day

  • On 26th Jan 2018, Punjab Chief Minister launched the release of Benefits under a unique scheme aimed at the inclusive growth of the distressed sections of the society, even as he appealed to the state’s farmers not to resort to suicide since his government was committed to the total implementation of its farm debt waiver programme by November 2018.
  • Launching the benefits under the `Mahatama Gandhi Sarbat Vikas Yojana’, with the aim to “Wipe every tear from every eye” as envisioned by Mahatma Gandhiji, Captain Amarinder said the programme’s objective was to give the distressed sections the help they need, socially or economically or psychologically.

Panipat to get country’s first smart grid project

  •  All preparations have been made for the inauguration of India’s first smart grid project in the city.
  • The project has been established in collaboration with a Japanese company, New Energy Industrial Technology and Development Organisation (NEDO), at the cost of about Rs145 crore.
  • A fully automatic control room has been established at the 33 KV substation at the mini-secretariat. Power supply from its origin to the consumers’ end could be monitored through the control room.
  • A team of the UHBVN and the NEDO started work on project in January 2017 and completed it in a year.

Kolkata Becomes The First Metro City To Get A Floating Market

  • Kolkata became the first metro city to have a floating market. The market was unveiled by the Chief Minister of West Bengal Mamata Banerjee on Wednesday via a remote control during an event at Netaji Indoor Stadium.
  • Lake Patuli has been transformed into a floating market.

Union Government announces PMs Shram Awards for 2016 to 50 workers

  • The Ministry of Labour & Employment announced Prime Minister’s Shram Awards for the year 2016 to be awarded to 50 workers including 3 women employees. Shram Bhushan: 12 workers from SAIL, BHEL and TATA Steel Ltd. were selected. Shram Vir/Shram Veerangana Award: 18 workers from Naval Dockyard, Ordinance Factory, Rashtriya Ispat Nigam, TATA Steel, Hindalco Industries, Paradeep Phosphates Ltd., Brahmos Aerospace were selected. Shram Shree/Shram Devi Awards. They were instituted in 1985 and are announced every year by Ministry of Labour and Employment.

Indian Railway launches first touch-screen inquiry systems for passengers

  • The Railways on 26 January launched a one-of-its-kind touch-screen kiosk as a single-point inquiry station for answering all queries of passengers including about navigation for accessing various facilities available at the New Delhi railway station.
  • Chairman Railway Board Ashwani Lohani launched the ‘Rail Yatri Guide Kiosk’ at the station, designed by the Delhi division.
  • The system comprises touch-screen kiosks with a 40-inch display of 3D-digitized railway station map and helps the passenger at the touch of the screen.

India and Vietnam Release First-Ever Commemorative Stamps

  • India and Vietnam discharged first historically speaking arrangement of dedicatory postage stamps to check the long haul benevolent reciprocal connections between the two nations.
  • The stamp was discharged by A Nanda, Secretary, Department of Posts.
  • The two arrangement of stamps discharged convey picture of Sanchi Stupa and Thien Mu Pagoda.

India to host informal WTO Ministerial gathering in March

  • India announced that it will host an informal WTO Ministerial gathering in March.The meeting would be held in New Delhi on March 19-20.
  • Trade ministers from various countries including Australia, Japan and Switzerland met on 27th Jan 2018 for an informal WTO ministerial gathering in Davos to discuss the way forward for the global trade organisation, with India offering to host another such meeting in March.
  • The meeting, also attended by the US Trade Representative Robert Lighthizer, was held on the sidelines of the World Economic Forum (WEF) annual summit.
  • India was represented by Deepak Jagdish Saksena, ambassador and permanent representative to the WTO.

First India-designed vaccine passes WHO test

  • Rotavac turned out to be first Indigenously created immunization from India to be pre-qualified by World Health Organization (WHO). It implies that immunization can be so can be sold globally to a few nations in South America and Africa.
  • Up until now, a few antibodies from India have been pre-qualified by WHO. Rotavac considered and created by the Hyderabad-based Bharat Biotech Limited. It secures against youth looseness of the bowels caused by the rotavirus. It has stolen away under open private organization (PPP) display that included Ministry of Science and Technology, foundations of the US Government.

UN, India invest $168M to boost tribal farming incomes

  • The UN International Fund for Agricultural Development (IFAD) and the Indian government signed a $168-million pact to sustainably raise incomes and food security for tribal farming households in northeast India, IFAD reported.
  • The six-year project will help 2,01,500 rural highland farming households in tribal villages in 12 districts located in the uplands of Mizoram and Nagaland States.
  • The target population is smallholder farmers who depend on rain-fed agriculture and a shifting cultivation system known as ‘jhum’ for their livelihoods.

Medtech startup Axio Biosolutions secures $7.4m funding from Ratan Tata

  • Medtech startup Axio Biosolutions raised $7.4 million funding in Series B round from Ratan Tata’s RNT Capital, which will be used for expansion to new markets, and development of high-impact medical products.The first Indian company to launch an emergency haemostat for trauma care, Axio Biosolutions’ flagship invention, Axiostat, is a patented and CE-approved product that has prevented countless deaths due to haemorrhage and grievous injuries.
  •  Axiostat is the de-facto product of Indian armed forces after being used in the surgical strike to save the lives of soldiers and is now an essential part of their field kit. The product caters to the Indian Armed Forces, BSF, NSG, para-military forces, hospitals and emergency services in India and across the globe.

Kiran Mazumdar-Shaw, Rajiv Lall appointed to US India Business Council board

  • Kiran Mazumdar-Shaw, chairman and managing director of Biocon Ltd, IDFC Bank founder Rajiv Lall, Abbott Laboratories chairman and CEO Miles White and KPMG International global chairman William Thomas are among those who have been appointed to the board of US India Business Council for 2018, according to the council.

AAI, Lao PDR sign civil aviation cooperation agreement

  • The Airports Authority of India (AAI) has signed a historic agreement with Lao Air Traffic Management, Department of Civil Aviation, Lao PDR, for providing SkyRev360, a comprehensive e-data gathering, invoicing and collection system.
  • SkyRev360 has been developed in collaboration with the International Air Transport Association (IATA) under the Government of India’s Make in India initiative.

Small finance banks and payment banks to offer Atal Pension Yojana

  • In a statement the finance ministry said that given the strength, expertise and reach of these new age banks, they can play a pivotal role in outreach of subscribers under APY.
  • Payments Banks and Small Finance Banks are now allowed to sell Atal Pension Yojana(APY).
  •  At present there are 11 Payment Banks and 10 Small Finance Banks.
  • At present there are more than 84 lakh subscribers registered under the APY scheme with an asset base of more than Rs 3,194 crore.
  • The scheme which became operational from June 2015 is available to all Indian citizens in the age group of 18-40 years. Under the scheme, a subscriber would receive a minimum guaranteed pension of Rs 1,000 to Rs 5,000 per month, depending upon his contribution, from the age of 60 years.

Crisil revises upwards outlook on 18 PSBs to stable from negative

  • Rating agency Crisil has revised upwards the outlook on 18 state-run banks to ‘stable’ from ‘negative’ and also reaffirmed their ratings following the Rs 88,139-crore capital infusion by government.
  • The agency said the move will strengthen the balance sheets of these banks apart from improving their core capital. It also expects an improvement in the overall performance of these lenders with the uptick in credit demand.

Doomsday Clock Is Set at 2 Minutes to Midnight

  • The Doomsday Clock which symbolizes the current threat of global annihilation was moved closer to midnight.
  • It comes following a year of growing tensions b/w North Korea & Donald Trump.
  • The clock is now set at 2 mins to midnight, the closest since 1953.
  • The countdown was established in 1947 by a group of experts who were working on Manhattan Project, to design & build the first atomic bomb.

India beat Japan 4-2 to enter finals of Four-Nation Invitational Tournament

  • Indian men’s hockey team defeated Japan 4-2 to remain unbeaten in the second-leg of the Four-Nation Invitational Tournament.
  • After stunning victories against New Zealand (3-2) and Belgium (5-4), India overcame Japanese challenge with late strikes from Mandeep Singh (58th minute) and Ramandeep Singh (58th).

Babos-Mladenovic win Australian Open women’s doubles title

  • Timea Babos of Hungary and Kristina Mladenovic of France became the first players from their respective countries to lift the Australian Open women’s doubles crown.
  • It’s the first Grand Slam title for Babos, who was a runner-up to Serena and Venus Williams at Wimbledon in 2016.

Delhi lifts Syed Mushtaq Ali Trophy

  • Delhi lifted its maiden Syed Mushtaq Ali Trophy after defeating Rajasthan in the finals by 41 runs.
  • Chasing 154 for a win, Rajasthan were bundled out for 112 in a brilliant display by the Delhi bowlers.
  • The Syed Mushtaq Ali Trophy is a Twenty20 cricket domestic championship in India. It is named after a famous Indian cricketer, Syed Mushtaq Ali.

Kannada Actor Chandrashekhar Passes Away

  • Kannada actor Chandrashekhar popularly known as ‘Edakallu Guddada Mele’ Chandrashekhar passed away.
  • He had acted in over 40 films to date and his last film 3 ghante, 30 dina, 30 second’.
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