Indian Affairs, May 16th, 2018, Current Affairs Current Affairs Notes | EduRev

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INDIAN AFFAIRS

President Kovind inaugurates Global Exhibition on Services-2018

On 15th May, The President of India , Shri Ram Nath Kovind , inaugurated the 4th Global Exhibition on Services 2018 in Mumbai , Maharashtra. This exhibition was attended by 625 exhibitors500 international delegates from about 100 countries and 25 Indian states. He lauded the Ministry of Commerce and Industry of the Government of India, as well as the Government of Maharashtra, the Confederation of Indian Industry and the Services Export Promotion Council, for their participation in this initiative.

Indian Affairs, May 16th, 2018, Current Affairs Current Affairs Notes | EduRev

Objective:

This would promote the services sector in deepening its roots in the indian economy and thus helping it to grow as the service sector has a significant role in the growing global economy.

Salient Features of the Exhibition:

  • With the launch of 12 Champion sectors as a bold new step this would aid in creating jobs that will further grow the Indian as well as the global economy.
  • The service sector contributes 61% to the gross added value and with the growing influence of technology this would engage the young population more (as they are more comfortable with technology) thus providing a natural advantage in the sector for India.
  • The president commended the fact that unlike the early industrial age where jobs were created in the factories , today with the advent of fast paced technology the small but exciting startups are emerging and helping India and the service sector to grow not only nationally but also globally. With the young generation being more ambitious and hungry for growth this has pushed India to be the third largest centre of start-ups in the world.
  • The pace of technology is enhancing the contribution of services in other sectors as well – including agriculture, infrastructure and manufacturing. This implies that the service sector forms the backbone of the 21st century global economy.
  • Along with the help of governement’s programmes like Startup India and Mudra Yojnathat has provided capital to 120 million small businesses the drive for enterpreneureship will help the startups sore high in coming years.

Pradhan Mantri Mudra Yojana and Startup India schemes:

  • These are the schemes initiated by the Government of India to help build the start up environment and provide them with the sufficient capital and support to do so.
  • Initial Corpus: Rs. 10000 crore has been allocated to the scheme of Start up India.
  • The mudra yojana consistes of MUDRA banks that were operationalized to provide micro finance low interest loans for enterpreneurs coming from low socioeconomic background.
  • Initial Corpus: Rs. 200 bn has been allocated for the Micro Units Development and Refinancing Agency (MUDRA) banks.

​Cabinet Approvals with Foreign Countries on May 16 2018
i. Union Cabinet has been apprised of the Memorandum of Understanding (MoU) between the Indian Railways and SNCF Mobilites (a company owned by the French State) on Technical Cooperation in the field of Railways.
ii. Cabinet approves MoU between India and Morocco in the legal field
iii. Union Cabinet has given its ex post facto approval to the signing of MoU between India and Morocco in the field of mining and geology.
iv. Union Cabinet has given its ex-post-facto approval for the Memorandum of Understanding (MoU) between the India and Swaziland on cooperation in the field of Health and Medicine.
v. Cabinet approves MoU between India and Suriname for cooperation in the field of electoral management and administration
vi. Union Cabinet has given its ex-post facto approval to the Memorandum of Understanding (MoU) between India and Equatorial Guinea for Cooperation in the field of Traditional Systems of Medicine.
vii. Cabinet approves MoU on Cooperation in the field of Traditional Systems of Medicine between India and Colombia

Cabinet Approvals On May 16 2018
i. The Union Cabinet chaired by Prime Minister Narendra Modi has given its approval for enhancement of budget for the implementation of Network for Spectrum for Defence Servces by Rs. 11,330 crore .
ii. The Union Cabinet Chaired by Prime Minister Shri Narendra Modi has approved the establishment of National Institute of Mental Health Rehabilitation (NIMHR) at Bhopal,Madhya Pradesh .It will be a society under the Societies Registration Act, 1860 under the Department of Empowerment of Persons with Disabilities.
iii. The Cabinet Committee on Economic Affairs chaired by the Prime Minister, Shri Narendra Modi today has approved setting up of a dedicated “Micro Irrigation Fund” (MIF)with NABARD under Pradhan MantriKrishiSinchayeeYojana (PMKSY) for an initial Corpus of Rs.5,000 crore .
iv. The Union Cabinet Chaired by Prime Minister Shri Narendra Modi has has approved the strengthening of the mechanism for resolution of commercial disputes of Central Public Sector Enterprises (CPSEs) and also between CPSEs and different Government organizations & institutions.
v. The Union Cabinet, chaired by the Prime Minister Narendra Modi has approved National Policy on Biofuels – 2018 today.
vi. The Union Cabinet chaired by Prime Minister Shri Narendra Modi has approved setting up of a new All India Institute of Medical Sciences (AIIMS) in Deoghar, Jharkhand. With an allotment of Rs.1103 cr the AIIMS will be setup under Pradhan Mantri Swasthya Suraksha Yojana (PMSSY).
v. Approval for establishing a Central University by the name of “Central University of Andhra Pradesh” in Janthaluru Village of Ananthapur District, Andhra Pradesh has been given. The initial corpus of Rs.450 cr has been made.
vi. The Union Cabinet Chaired by Prime Minister Shri Narendra Modi has approved extension of Delhi Metro corridor from Noida City Centre to Sector-62, Noida Uttar Pradesh.
vii. The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Shri Narendra Modi has given its approval to the proposal of the Department of Industrial Policy and Promotion regarding development of Trunk Infrastructure Components for Integrated Multi Modal Logistics Hub known as “Freight Village” at Nangal Chaudhary, Haryana

CIPAM-DIPP organizes a conference on National IPR Policy
On May 16, 2018, Cell for IPR Promotion and Management (CIPAM) organised a conference on successful completion of two years of the National Intellectual Property Rights (IPR) Policy adopted by the Government of India in New Delhi.

Indian Affairs, May 16th, 2018, Current Affairs Current Affairs Notes | EduRev

Highlights of conference on National IPR Policy:
i. Union Minister of Commerce and Industry, Suresh Prabhu, launched the IP Mascot at the event.
ii. In a bid to involve eminent personalities as ambassadors to spread awareness and importance of IP in India, an anti-piracy video featuring Mr. Amitabh Bachchan was also launched at the event.
iii. Focused sessions on women in innovation and creativity, commercialization and enforcement of IPRs were also held during the course of this conference.
Quick facts about CIPAM:
♦ Created in – 2016
♦ Operates under the aegis of – Department of Industrial Policy & Promotion (DIPP), Ministry of Commerce & Industry

International Rail Coach Expo to be hosted by Integral Coach Factory Chennai
The first ever International Rail Coach Expo (IRCE) focusing on Rail Coaches and train sets will be held in Chennai, Tamil Nadu, from 17th to 19th May, 2018.

Indian Affairs, May 16th, 2018, Current Affairs Current Affairs Notes | EduRev

More information about International Rail Coach Expo (IRCE):
i. Objective of the expo is to bring reputed rail car, equipment builders and suppliers under one roof and create synergy for “Make in India”.
ii. The Expo will be hosted by Integral Coach Factory, in coordination with CII (Confederation of Indian Industries) and RITES Ltd.
iii. 100+ exhibitors from 10+ countries will participate in this expo.
iv. Conferences/seminars on specialized subjects on Rail Coach and Train sets will also be conducted during the course of this expo.
v. Key brands from rail coach and train sets will be displaying products and exclusive Rail Coach and train sets for the first time in India.

CM inaugurates Uttarakhand’s first City Gas Distribution system
On May 16, 2018, Uttarakhand Chief Minister Trivendra Singh Rawat inaugurated state’s first City Gas Distribution (CGD) network at Rudrapur in Udham Singh Nagar district.

Indian Affairs, May 16th, 2018, Current Affairs Current Affairs Notes | EduRev

Details about Uttarakhand’s first City Gas Distribution (CGD) network:
i. The network comprises 500 km long pipeline and ten CNG stations, one each in Jaspur, Bazpur, Khatima and Kiccha, two in Kashipur and three in Rudrapur
ii. Estimated cost for laying this pipeline is Rs 250 crore. The work will be completed by 2020 and would provide employment to 2,000 people.
iii. Uttarakhand’s first CGD network will be India’s eighth CGD system.
Quick Facts about Uttarakhand:
♦ Capital – Dehradun
♦ Current Chief Minister – Trivendra Singh Rawat
♦ Current Governor – Krishan Kant Paul
♦ Important National Park – Jim Corbett National Park

The 3rd Advance Estimates of production of major crops for 2017-18- Released by the Department of Agriculture, Cooperation and Farmers Welfare
On 16th May 2018, the 3rd Advance Estimates of production of major crops for 2017-18 was released by the Department of Agriculture, Cooperation and Farmers Welfare.
3rd Advance Estimates of production of major crops for 2017-18:
i. The assessment of production of various crops is based on the feedback received from States and validated with information from other sources.
ii. According to the 3rd Advance Estimates, the estimated production of major crops during 2017-18 is as follows:

  • Foodgrains – 279.51 million tonnes (record)
  • Rice – 111.52 million tonnes (record)
  • Wheat – 98.61 million tonnes (record)
  • Nutri/Coarse Cereals – 44.87 million tonnes (record)
  • Maize – 26.88 million tonnes (record)
  • Pulses – 24.51 million tonnes (record)
  • Gram – 11.16 million tonnes (record)
  • Tur – 4.18 million tonnes
  • Urad – 3.28 million tonnes (record)
  • Oilseeds – 30.64 million tonnes
  • Soyabean – 10.93 million tonnes
  • Groundnut – 8.94 million tonnes
  • Rapeseed & Mustard – 8.04 million tonnes
  • Castorseed – 1.49 million tonnes
  • Cotton – 34.86 million bales (of 170 kg each)
  • Sugarcane – 355.10 million tonnes

iii. Due to near normal rainfall in monsoon 2017 and several policy initiatives of the Government, India has achieved record Foodgrains production in the current year.
iv. As per Third Advance Estimates for 2017-18, total foodgrains production in the India is estimated at 279.51 million tonnes.This is higher by 4.40 million tonnes than the previous record production of foodgrain of 275.11 million tonnes in 2016-17.
v. The current year’s production is also higher by 19.33 million tonnes than the previous five years’ (2012-13 to 2016-17) average production of foodgrains.
Some important temples in India:
♦ Amarnath Temple – Jammu and Kashmir
♦ Meenakshi Temple – Madurai, Tamil Nadu
♦ Mahakaleshwar Temple – Ujjain, Madhya Pradesh

Guwahati now has India’s first solar powered railway station
Now Guwahati has India’s first railway station run by solar power.

Indian Affairs, May 16th, 2018, Current Affairs Current Affairs Notes | EduRev

Guwahati now has India’s first solar powered railway station:
i. The project of installing solar panels was commissioned in April 2017. Nearly 2352 solar modules with a capacity of 700 kwp has been set up over the roof of the Guwahati railway station.
ii. The solar-powered station aims to reduce carbon-footprint and also to reduce power costs.
iii. Nearly, 6.3 lakh kg carbon dioxide emissions have been reduced from 12th April 2017 to 10thMay 2018.
iv. The estimated project cost is Rs 6.7 croreThe solar power plant will save Rs 67 lakh worth of electricity.
v. The average power generation capacity per day is 2048 KW. Till now the solar panels have generated 96,669 KWH of electricity.
Some National Parks in Assam:
♦ Orang National Park
♦ Nameri National Park
♦ Kaziranga National Park

An Inter-Ministerial Task Force (IMTF) was constituted to review of existing coal sources of Independent Power Producers (IPPs)
An Inter-Ministerial Task Force (IMTF) was formed to perform a comprehensive review of existing coal sources of Independent Power Producers (IPPs) having linkages and consider the feasibility for rationalization of these sources to optimize transportation cost, keeping in mind the technical constraints.
Inter-Ministerial Task Force (IMTF) to review existing coal sources of Independent Power Producers (IPPs):
i. The recommendation of the IMTF has been approved by the Competent Authority.
ii. In Coal linkage rationalization, the coal linkage of a Thermal Power Plant (TPP) of an Independent Power Producer (IPP) may be transferred from one Coal Company to another based on the availability during the fiscal and future coal production plan of the coal company.
iii. The objective of this exercise is to reduce the landed cost of coal due to reduction in transportation cost. The savings obtained from this reduction of landed price of coal needs to be passed on to the Discom/consumer of power.
iii. This exercise is voluntary for the TPPs. It aims to reduce the distance by which coal travels.
iv. The one time process of calling for the requests of the IPP for linkage rationalization will be done jointly by CIL, SCCL and CEA in a transparent process.
v. This linkage rationalization will be considered only for IPPs having linkages through allotment route. The IPPs shall also be stating the Minimum Order Quantity (MOQ) for which the linkage rationalization may be requested and their preferred mode of transportation after the linkage rationalization.
vi. The Fuel Supply Agreement (FSA) of the rationalized source from any coal company will be signed and implemented only after the approval of appropriate Electricity Regulatory Commission.
vii. If any dispute arises, it would be resolved as per the provision of the Arbitration and Conciliation Act.
viii. The reduced landed price of coal will result in savings in cost of power generated and might reduce transportation cost of coal. It will also reduce the load on the transportation infrastructure.
Some important dams in India:
♦ Ramganga Dam – Ramganga River
♦ Nagarjuna Sagar Dam – Krishna River
♦ Kakki (Eb) Dam – Kakki River

Smt. Meenakshi Lekhi, MP launches ‘Swachhata Pakhwada’ undertaken by DARPG
On 16th May 2018, Meenakshi Lekhi, MP (Lok Sabha), New Delhi and Member, Parliamentary Standing Committee on Personnel, Public Grievances, Law and Justice launched the “Swachhata Abhiyan” of the Department of Administrative Reforms and Public Grievances (DARPG), Ministry of Personnel, Public Grievances and Pensions.
‘Swachhata Pakhwada’ undertaken by DARPG:
i. DARPG is observing the ‘Swachhata Pakhwada’ from 16th May to 31st May 2018 at its premises at Sardar Patel Bhawan, New Delhi.
ii. ‘Swachhata Pakhwada’ is being observed with an aim to renew and reinforce the concept of cleanliness in the Department.
iii. Several activities have been planned which involves the participation of the staff.
iv. Joint Secretary, DARPG, Smita Kumar said that, DARPG has implemented 100% e-office and digitised all records.
v. Union Minister of State (Independent Charge) Development of North-Eastern Region (DoNER), MoS PMO, Personnel, Public Grievances & Pensions, Atomic Energy and Space, Dr Jitendra Singh will visit the office premises on 29th May 2018 to inspect the implementation of Swachhata Action Plan.
About Ministry of Personnel, Public Grievances and Pensions:
♦ Minister of State for Personnel, Public Grievances and Pensions – Jitendra Singh
♦ Headquarters – New Delhi

State Startup Ranking Framework 2018 launched by DIPP
On 6th February 2018The Department of Industrial Policy and Promotion(DIPP) launched the initiative of a competitive ranking framework system called ‘State Startup Ranking Framework 2018’ . This was done to grow a sense of competition in the field of providing and promoting the startup environment in different states. This exercise included 30 states and Union Territories.
Salient Features of this exercise:
i. Two rounds of video conferencing between states and UTs with the DIPP was conducted in march and april 2018 and participated in conducting ranking awareness and workshops. 3 knowledge exchange workshops were conducted at leading incubators in the country. The workshops were organised at T-Hub, Hyderabad on 9th April, 2018, iCreate, Ahmedabad on 11th April, 2018 and Sunrise Incubation Tower, Vishakhapatnam on 16th April, 2018.
ii. With the submission in 30th april a total of 30 states and UTs were ranked and interestingly majority of the enthusiasm was from North-Eastern states .
iii. These states and UTs will be evaluated based on 38 parameters categorized into 7 areas and on a score of 100 they will be ranked. The 7 parameters are Startup Policy and implementation, Incubation support, Seed Funding, Angel and Venture Funding, Simplification of Regulations, Easing Public Procurement and Awareness & Outreach.
iv. DIPP has also appointed seven dedicated evaluation committees involving members from all relevant departments and reputed players in the ecosystem, for evaluating States’ responses in each area of intervention. The performance of the States will be dynamically presented on the State Startup Ranking dashboard hosted on www.startupindia.gov.in. The overall exercise is expected to be complete with announcement in ranking in June, 2018.
v. Following are the impacts of the initiative as per the responses of the state governments.

  • Announcement of Startup Policy
  • Introduction of specific incentives in State Startup policy for women lead Startups
  • Constitution of State Startup nodal team
  • Provision of financial support to State Incubators
  • Design of guidelines for Seed Funding for Startups
  • Launch of State chapters of angel networks
  • Hosting discussions/workshops to identify Startups in disruptive technologies
  • Conducting State Startup Yatras – a series of boot camps in colleges/ universities to generate ideas

Startup India:
It is a scheme of the government of India that was launched on 15th August 2015. It has 3 main action plans: i. Help in funding and providing incentives, ii. Simplifying the registration process and handholding, iii. Industry-academia partnership and incubation. A total of Rs.10000 cr was the pool fund . Atal Innnovation Mission was lauched under it. It also launched the MUDRA scheme to help fund the start ups and according to the recent Union budget 2018-19the allocation target is Rs. 3 lakh crore.

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