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Daily Current Affairs for Sep1,2018 (English)


National:
1.       Nepal-Bharat Maitri Pashupati Dharamshala was inaugurated  by Prime Minister Narendra Modi along with Nepal PM K P Sharma Oli in Kathmandu, capital of Nepal. Nepal-Bharat Maitri Pashupati Dharamshala is rest house for pilgrims in Kathmandu, built with Indian assistance. It is located on banks of Bagmati River. It has provisions to meet the requirements of pilgrims including dining hall, kitchen, family rooms and multipurpose halls to meet the requirements of travellers and families on pilgrimage to Pashupatinath Temple. Pashupatinath temple is dedicated to Lord Shiva (also known as Lord Pashupatinath, Nepal’s national deity).
2.       KPMG has been decided to appoint as project consultant partner for rebuilding state ravaged by recent massive floods by Kerala Government. The services of KPMG rendered for projects related to revamping to Kerala will be free of cost. KPMG is one of the largest professional service companies in the world and one of Big Four auditors, along with Deloitte, Ernst & Young, and PricewaterhouseCoopers. Besides, Tata Project Ltd was entrusted with task of reconstructing roads, buildings and bridges destroyed in rain fury at Pamba, the foothills of famous Lord Ayyappa shrine in Sabarimala. This decision was taken at state cabinet meeting chaired by Chief Minister Pinarayi Vijayan.
3.       The merger of Idea Cellular and Vodafone India has been completed after it was cleared by National Company Law Tribunal (NCLT). The merged entity is named Vodafone Idea Ltd and dislodges current market leader Bharti Airtel from top position, by its sheer size and scale. This merger has created India’s biggest telecom service provider. New board has been constituted for merged entity with 12 directors (including six independent directors) and Kumar Mangalam Birla as its Chairman.
4.       A MoU for implementation of 90 billion Indore-Manmad rail project has been signed among the shipping and railway ministries, Madhya Pradesh and Maharashtra governments. It will have 55% share and Maharashtra and Madhya Pradesh will have share of 15 per cent each.
5.       A conference on Motivating and Attracting Youth in Agriculture (MAYA) was held at National Agricultural Science Complex (NASC), in New Delhi on 30-31,Aug 2018. The conference was inaugurated by Dr. Trilochan Mohapatra, Secretary (DARE) & Director General (ICAR). The conference offered an opportunity to discuss various options for attracting youth to agriculture and motivating them towards entrepreneurship in agriculture and related fields.
International:
1.       India and Pakistan have agreed to undertake Indus Waters Treaty 1960 mandated tours by their water commissioners in Indus basin on both sides to resolve issues on various hydroelectric projects in Jammu and Kashmir. This was decided in recently concluded high-level bilateral talks on Indus Waters Treaty in Lahore, Pakistan. IWT is water-distribution treaty between India and Pakistan which was brokered by World Bank (then the International Bank for Reconstruction and Development). It deals with sharing of water of Indus water system having six rivers — Beas, Ravi, Sutlej, Indus, Chenab and Jhelum between the two countries.
2.       A MoU to build strategic railway line connecting Raxaul city in Bihar, India to Kathmandu have signed between India and Nepal after Prime Minister Narendra Modi held talks on all aspects of the bilateral ties with his Nepalese counterpart KP Sharma Oli on sidelines of 4th BIMSTEC Summit held in Nepal.
3.       India opens Zokhawthar immigration check-post in Mizoram along Myanmar border on sep1, 2018. It is the second immigration check-post in Mizoram, after Zorinpui chech post which was opened in 2017. Myanman also opened the land border crossing at Zokhawthar-Rih.
4.       The World Bank has approved a financial assistance of Rs. 929.89 crore for Shimla water supply and sewerage project. The assistance will be made as a development policy loan and will be finalized negotiation meeting on October 24, 2018. Under the project the following will take place i) Augmentation of the Gummawater source from the Sutlej river ii) Installation of filter units in 13”bouries” or natural water bodies iii) Construction of storage dams on the Giri river.
Economy/Banking:
1.       Eight core sectors have grown by 6.6% in July 2018 according to Index of Eight Core Industries released by Ministry of Commerce and Industry. Eight Core Industries viz. electricity, steel, refinery products, crude oil, coal, cement, natural gas and fertilizers. The output of coal, refinery products, fertilizer and cement grew by 9.7%, 12.3%, 1.3% and 10.8% respectively in July 2018. However, growth rate in production of crude oil and natural gas recorded negative growth in July, 2018. On the other hand, steel sector expansion came down to 6%, as against 9.4% in July 2017.
2.       Census 2021 for the first time in independent India will collect data on Other Backwards Castes (OBCs). This decision was taken in meeting the roadmap for undertaking the Census in 2021 chaired by Union Home Minister Rajnath Singh. This comes more than 25 years after implementation of 27% reservation for OBCs based on Mandal Commission’s recommendations on basis of last castes data collected in 1931 census.
3.       The Unique Identification Authority of India (UIDAI) relaxed Aadhar enrolment targets for banks and extended the deadline to November 1, 2018. According to the norms:Minimum enrolment or updation has been raised to 12 from January 1, 2019 and 16 from April 1, 2019. Banks achieving the target of minimum 8 Aadhaar enrolment/updations per day per branch in the month of November 2018 will be exempted from financial disincentives up to October 2018. Also banks which meet the minimum Aadhaar enrolment/update targets shall continue to avail UIDAI’s authentication and eKYC service free of cost. Banks have been said to set up Bank Aadhaar Kendras in one out of every 10 branches.
4.       RBI cancelled the licence of Rajasthan-based Bhilwara Mahila Urban Co-operative Bank . This was done due to inadequate capital and earning prospects. This is with effect from the close of business on August 31, 2018.
Schemes:
1.       ‘Krishna Kutir’- widows’ home at Vrindavan in Mathura, Uttar Pradesh had inaugurated by Union Ministry of Women and Child Development recently. Krishna Kutir is special home for 1000 widows set under Swadhar Greh scheme and is the largest ever facility of its kind created by government organization. Its construction was funded by Central Government and will be managed by UP Government. Its name was selected a month-long Vrindavan Ashram contest held on social media and entry of Sunita Katyal, Krishna Kutir, was adjudged as  winning entry. Swadhar Greh Scheme is implemented by Union Ministry of Women and Child Development. It aims to ensure economic and social security to women in distress or victims of difficult circumstances who are in need of institutional support for rehabilitation so that they could lead their life with dignity.
First in State/India/ International:
1.       China-Maldives Friendship Bridge was recently opened for traffic. It is first cross-sea bridge to be built in Maldives. It is 2.2 km long bridge and has four vehicle lanes and two pedestrian lanes. It connects Maldives capital city Male and neighbouring Hulhule Island where island country’s main international airport is located. It was China’s flagship infrastructure project in Maldives. It is considered as iconic project of China and Maldives cooperation towards building 21st Century Maritime Silk Road.
Appointments/Resignations:
1.       Sunil Mehta, managing director and chief executive of Punjab National Bank was elected as new chairman of Indian Banks Association (IBA) for year 2018-19.
2.       Justice Ranjan Gogoi will take charge as the next Chief Justice of India on 3rd October 2018. Current Chief Justice of India Deepak Misra will retire on 2nd October 2018. Ranjan Gogoi is expected to retire on November 17,2018 as the Supreme Court judge.
3.       R Madhavan has assumed charge as the Chairman and Managing Director (CMD) of Hindustan Aeronautics Ltd (HAL).
4.       Binoy Kumar, IAS was appointed as Secretary, Ministry of Steel, Government of India.
Awards:
1.       Dr B.K. Misra (Mumbai-based eminent neurosurgeon) was named for prestigious Dr B.C. Roy National Award for year 2018 as Eminent Medical Person of the Year. It will be bestowed upon him by President Ram Nath Kovind in July 1 , 2019 on the occasion of National Doctors Day.
2.       Indian poet-diplomat Mr. Abhay K became the first Indian poet invited to record his poems at the Library of Congress in Washington D.C. The prestigious reading series is called: ‘The Poet and the poem’. His poem-song ‘Earth Anthem’ is translated into over thirty languages and has been performed by Symphony Orchestra of National Theatre of Brasilia.
Sports:
1.       New Zealand spinner Morna Nielsen (28) has announced her retirement from all forms of cricket to shift her focus on working as a structural engineer. She has played a total of 42 one day internationals and has taken 53 wickets with an economy rate of 3.61. After retirement, she will be open for domestic competitions.
2.       Union Minister of State for Youth Affairs and Sports (I/C) Col Rajyavardhan Rathore has approved the participation of Indian Kho Kho team at the 1st International Kho Kho Championship in England from 1st to 4th September 2018. Financial support for participation of the Kho Kho team will be provided by Government of India. This is the first time financial support for participation of the Kho Kho team in an International event has been approved.
3.        Former India and Tamil Nadu batsman Subramaniam Badrinath announced his retirement from all forms of cricket at the Tamil Nadu Cricket Association (TNCA) headquarters, in Chennai. He has played 2 Tests, 7 ODIs and a T20I.He represented the Chennai Super Kings (CSK) in the Indian Premier League (IPL).  He has played cricket for more than 17 years. He has scored 10,245 runs in 145 first-class games at an average of 54.49.
4.       Amit Panghal won gold medal in Men’s 49kg Boxing by defeating reigning Olympic Champion Hasanboy Dusmatov from Uzbekistan. India won silver medal in the women’s hockey event after it lost 1-2 to Japan in the final. Defending champions India defeated Pakistan 2-1 in the Bronze medal match and won a bronze medal in the men’s hockey event. Pranab Bardhan and Shibnath Sarkar pair won gold medal in the men’s Pair Bridge event.
Deaths:
1.  Jain monk Tarun Sagar (51) died following a long term illness, at Radhapuri temple, in Delhi. His lectures called “Kadve Pravachan” were very popular and he was followed by many people from the Jain community.

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