Important Days:
1. May 7 – World Athletics Day is
celebrated every year to popularize sports among the youth, to promote
athletics as the primary sport in schools and institutions and to encourage and
introduce new talents and youngsters in the field of athletics.
National:
1.
Van Dhan Vikas Kendras is
going to expand by the Ministry of Tribal Affairs (MoTA) in tribal districts
across the country. It aims at mainstreaming
tribal community by promoting primary level value addition to Non Timber Minor
Forest Produce (MFP) at grassroots level. Initially, it will be taken up on
priority in 39 districts with more than 50% tribal population and then
gradually will be expanded to other Tribal Districts across the country. TRIFED
will facilitate establishment of MFP-led multi-purpose Van Dhan Vikas Kendras
in the tribal areas. These kendras will be cluster of 10 SHGs comprising of 30
tribal MFP gatherers each. They will provide skill upgradation and capacity
building training and setting up of primary processing and value addition
facility.
2. President Ram Nath Kovind has given his assent to
Delhi government’s proposed Bill to amend the Minimum Wages Act. In March 2017, Delhi’s Lt. Governor Anil
Baijal had approved Delhi Government’s decision to hike the minimum wages
of unskilled, semi-skilled and skilled workers by 37 per cent. Minimum
wages for an unskilled worker in Delhi is Rs 13350 per month, for semi-skilled,
it is Rs 14698 and for skilled persons is Rs 16182. As per the amended
act, employers violating labour rules in Delhi will now face fine ranging
from Rs 20000-50000 and jail term between one to three years.
3.
India’s first cloud-based
Common Integrated Data Centre, Disaster Recovery Centre and Integrated Control
and Command Centre (ICCC) has been launched by Bhopal Smart City Development
Corporation Ltd. (BSCDCL). ICCC will enable Madhya
Pradesh State administration to monitor and administer multiple city civic
utilities and citizen services across seven smart cities in state through
central cloud. These seven cities include Bhopal, Gwalior, Jabalpur, Indore,
Ujjain, Satna, and Sagar. It is powered by Hewlett Packard (HP) Enterprise’s
Universal Internet of Things (IoT) Platform.
4.
Green licence plates
bearing numbers in white fonts for private e-vehicles and yellow for taxis to
promote electric vehicles (e-vehicles) has approved by the Ministry of Road
Transport and Highways (MoRTH) in India. As per
estimate, India at present has 1 to 1.5 lakh electric vehicles. The purpose
behind distinctive green number plates is easy identification of electric
vehicles for preferential treatment in parking, free entry in congested zones
besides other proposed benefits like concessional toll. Currently, there are
four kinds of number plates in India- white licence plates with numbers on
black font for private cars, yellow plates with fonts in black for commercial
vehicles, black plates with yellow font letters for self-driven rental vehicles
and blue plates with white font letters for Embassies and High Commissions.
5. Indian tea industry has recorded the highest ever production as
well as exports in financial year 2017-18. India’s
total tea production was 1325.05 million kgs, an increase of 74.56 million kgs
as compared to 2016-17. In percentage terms the increase was around 6%.
6. The apex court also expressed concern over Taj Mahal being
infected by insects and asked the authorities, including the ASI, and queried
about the appropriate steps to protect and preserve of the iconic Taj
Mahal. The two-judge bench comprising
Justices M B Lokur and Deepak Gupta said that the situation would not have
arisen if the ASI would have done its job.
7. The Supreme Court of India on May 9, 2018 held that railways
will be liable to pay compensation to passengers in case of death or injury
while boarding and de-boarding trains. The ruling
was given by a two-judge bench comprising Justices Adarsh Kumar Goel and
Rohinton F Nariman.
8. The Union Government issued orders for extending assistance to
clear the dues of sugarcane farmers.The government
has decided to provide financial assistance of Rs 5.50 per quintal of cane
crushed in sugar season 2017-18 to sugar mills to offset the cost of the cane.
9. Haryana government decided to start 31 government colleges for
girls from July 2018.The initiative is aimed
at promoting education for girls in the state. Till the construction of
college buildings gets completed, these colleges would run in vacant buildings
of government schools or other organizations.
International:
1.
2018 World Robot
Conference will be held in Beijing from 15th to 19th August 2018. This conference will enhance passion and innovation in the
robot industry and help to improve research and development.
2.
Investment Board Nepal
(IBN) has granted licence to Satluj Jala Vodyut Nigam Power Development
Company, a subsidiary of Indian government-owned Satluj Jal Vidyut Nigam Ltd,
to generate power from the Arun-3 Hydropower Project that is located in Nepal. Nepal government will also receive benefits worth Rs. (Nepali)
348 billion from project as royalty, income tax, customs tariff and free energy
in concession period of 25 years. The project will also provide 21.9% or 197MW
s of the generated energy free of cost to Nepal.
3.
UN Secretary-General
Antonio Guterres announced that a climate summit will be held in September 2019
in New York to review the Paris Agreement commitments. He announced that Michael Bloomberg will support the UN in its
climate strategy and to organize the 2019 summit. He appointed former
New York Mayor Michael Bloomberg as his Special Envoy for Climate Action in
March 2018.
4.
India and Panama have
signed two agreements on exemption of Visas for holders of Diplomatic and
Official Passports and in the field of Agriculture during Vice President M Venkaiah Naidu’s first official foreign
visit to three countries Guatemala, Panama and Peru to strengthen India’s
relations with them.
5.
Under Operation Insaniyat,
India has sent its second relief
consignment to Bangladesh.Indian Navy Ship INS
Airavat carrying 373-tonne relief consignment sailed from Vishakhapatnam and
reached Chattogram port (formerly Chittagong) Port to help tens of thousands of
displaced Rohingya Muslims who fled Myanmar into Bangladesh following military
crackdown in violence-hit Rakhine state. The second consignment mainly
contained 104 tonnes of milk powder, 102 tonnes of dried fish, 61 tonnes of
baby food, 50,000 raincoats and 50,000 pairs of gum boots. Another tranche
containing 1 million litres of kerosene oil and 20,000 cooking stoves will be
sent soon.
6.
United States President
Donald Trump unilaterally withdrew US from historic 2015 Iran nuclear deal or
Joint Comprehensive Plan of Action (JCPOA) deal or Joint Comprehensive Plan of
Action (JCPOA) deal signed between Iran and P5+1 countries((five permanent members of United Nations Security Council- US,
China, France, Russia, and UK).The JCPOA is aimed at preventing Iran from building
nuclear weapon, involved lifting of international sanctions in return for
Tehran curbing its nuclear programme.
7.
The leaders of China,
Japan and South Korea met in Tokyo on May 9, 2018 against the backdrop of
historic diplomatic moves by North Korea and a push for the isolated country to
give up its nuclear weapons. South Korean
President Moon said the three nations would continue cooperation as South-North
relations is very important for peace and prosperity of Northeast Asia.
8.
An Australian high court
ruled that lawmakers with dual citizenship will be ineligible to hold a
parliamentary seat on May 9, 2018.Under Section
44 of the Australian Constitution, members of parliament cannot continue to have
citizenship in another country, and must prove they took "all reasonable
steps" to renounce the other citizenship before being elected.
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Science and Technology/ Defence:
1.
A new laparoscope-assisted
insemination technique for sheep breeding was discovered by Scientists at
Central Sheep and Wool Research Institute (CSWRI), Avikanagar, Rajasthan. Using it, reproductive tract of sheep is located through camera
and frozen semen is deposited into uterus. Earlier, success with frozen semen
in sheep was very low because of its poor freezability. The new technique will
also help achieve up to 60% survival in birth of lambs.
2. The first edition of this year’s bi-annual Naval Commanders’
Conference was held in New Delhi from 8 to 11 May 2018. During the conference, top echelons of Indian Navy reviewed its
new Mission-Based Deployments philosophy aimed at ensuring peace and stability
in the region. It aims at sustained, peaceful and yet responsive presence of
Indian Naval ships in critical areas and choke points.
3. China successfully launched Gaofen-5, a hyper-spectral imaging
satellite, as part of the country’s high- resolution Earth observation project
on 8th May 2018. It is the world’s first
full-spectrum hyper spectral satellite for comprehensive observation of the
atmosphere and the land.
4. The Telecom Regulatory Authority of India (TRAI) issued draft
Telecommunication Interconnection (Amendment) Regulations 2018 to amend interconnect regulations, proposing certain changes in
terms and conditions for operators to seek fresh call connect ports from other
telecom operators.
5. Vijay Prahar- Indian Army’s month long exercise concluded in Suratgarh,
Rajasthan. It was conducted by South Western Command
of Indian Army. In this month long exercise, over 20,000 troops participated
with fighting equipment for couple of weeks to fine-tune jointmanship with
Indian Air Force.
6. A modern animal-free tests for drug manufacturers was approved
by Indian Pharmacopoeia Commission (IPC) in its 2018 edition of Indian
Pharmacopoeia. It provides guidelines on
tests for drugs manufactured and marketed in India. It replaces pyrogen test
carried out on rabbits and abnormal toxicity test carried out on guinea pigs
and mice by bacterial endotoxin test or monocyte activation test which can be
carried out in test tubes. These guidelines will come into effect from July 1,
2018.
7. The website of Digital India Internship Scheme in New Delhi on
May 9, 2018 launched by the Union Minister Ravi Shankar Prasad. Under the scheme, 25 interns will be inducted for a period of
three months and the interns will be paid a stipend of Rs 10 thousand per month.
The internship is an opportunity for a student to secure first hand and
practical work experience under the guidance of qualified and experienced
Supervisor and Mentor.
Economy:
1.
India slipped to 6th
position in Global Business Optimism Index according to the report released by Grant
Thornton’s International Business Report (IBR) in the first quarter of 2018. The top five nations are Austria, Finland, Indonesia, the
Netherlands and US. India with a score of 89 was ranked at the sixth place in
the index. The report was prepared based on the results of a survey of 2,500
businesses in 37 economies.
2.
Walmart Inc will acquire a
77 percent holding in Flipkart Group for $16 billion. Japan’s Softbank will exit Flipkart by selling entire 20 per
cent stake to Walmart. Flipkart co-founder Sachin Bansal will exit Flipkart by
selling his 5.5 % stake to Walmart. This is said to be the largest-ever
deal in e-commerce. It is said that, Flipkart will maintain a separate brand
and operating structure.
3. Uber and NASA announced that they are tying up to simulate
flying taxis in urban areas. This
announcement was made at the Uber Elevate summit in Los Angeles. NASA has said
that, the aim is to develop a rideshare network using which residents can hail
a small aircraft like how Uber users now hire a car using the app. NASA
said that, the simulations have been planned at its research facility at Dallas
Fort Worth International Airport.
4. 15th Finance Commission has constituted an Advisory Council to
advise and assist the commission. One of the
functions of advisory council will be to advise the Commission on any
relevant issue or subject related to the Terms of Reference (ToR) of the
Commission. The council comprises Arvind Virmani, former chief economic
advisor, Surjit S Bhalla, Sajjid Chinoy, Neelkanth Mishra, Sanjeev Gupta, and
Pinaki Chakraborty.
5. India was ranked 4th out of 25 nations in
Asia-Pacific region in the inaugural Asia Power Index released by Australian
think tank Lowy Institute. Three of the world’s four
largest economies are in Asia and United States is Pacific power.
6. India will be the fastest growing major economy in 2018, with
growth rate of 7.4% and 7.8% in 2019 according to the
International Monetary Fund (IMF) in its Asia and Pacific Regional Economic
Outlook report.
Appointments:
1.
The government of India had
given an extension of one year term to Cabinet Secretary Pradeep Kumar Sinha
till June 2019.(ie. till next Lok sabha
elections).
2.
Journalist Carlos Alvarado
was sworn in as 48th President
of Costa Rica. In the runoff election,Carlos
Alvarado of the ruling Citizens’ Action Party got 60.8 per cent of the votes
while his opponent, Fabricio Alvarado of the National Restoration party managed
to secure only 39.2 percent votes.
Awards/
Honours:
1. Nisha Bhalla was presented the ‘Excellent Woman of Excellence’
award for her spiritual service at
Annual Women Economic Forum 2018 Awards, held in New Delhi from 26th April to 1st May 2018. Nisha conducts holistic courses at her
institute ‘Sai Institute of Kosmic Sciences’ in Mumbai. In past, she has
received several national level awards in this field.
2.
Indian Prime Minister
Narendra Modi has secured 9th place among the 10 most powerful people in the
world in Forbes’ 2018 list of the world’s most powerful people that was
released on 8th May 2018.
The list features a total of 75 people and the list is topped
by Chinese President Xi Jinping. Russian President Vladimir Putin is in
2nd position. US President Donald Trump has secured
third rank. Facebook CEO Mark Zuckerberg has been ranked 13. British Prime
Minister Theresa May occupies 14thrank.Apple
CEO Tim Cook is in 24th rank. Indian-origin Microsoft CEO Satya Nadella is in
40th place.Saudi Crown Prince Mohammed Bin Salman Al Saud has been
ranked 8th. US Federal
Reserve Chairman Jerome Powell is in 11th rank. Reliance Industries (RIL) Chairman Mukesh
Ambani is the only Indian businessman who has appeared in the list. He has
obtained 32nd rank.
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