12 October 2017 Current Affairs

PM Modi’s Economic Advisory Council holds its first meeting

The recently constituted Economic Advisory Council to the Prime Minister (EAC-PM) held its first meeting in New Delhi to deliberate upon and lay out a roadmap to give a leg up to the Indian economy in the short term after GDP growth for the first quarter fell to a three-year low of 5.7%. The EAC-PM is chaired by Dr. Bibey Debroy. Key issues for the discussion include ways to boost consumer demand, attract private investments and measures to incentivize job creation in the country, people familiar with the agenda said.

Gujarat govt to set up 16 new GIDC townships to encourage SMEs

Gujarat Chief Minister Vijay Rupani announced the setting up of 16 new Gujarat Industrial Development Corporation (GIDC) townships, in Gujarat. The 16 new GIDC townships would be set up in 2400 hectare area to encourage the Small and Medium Enterprises (SMEs).This township would attract 15,000 industrial units. They will create job opportunities for 1 lakh people.

Global Hunger Index 2017: India ranks 100th among 119 nations

India ranked 100th position among 119 countries on Global Hunger Index (GHI) 2017 report released by Washington-based International Food Policy Research Institute (IFPRI). This year slipped by three positions as compared to 97th rank in 2016 GHI. In 2017 GHI, India scored 31.4 and was placed in high end of “serious” category. India low ranking also influences South Asia’s regional score as three quarters of South Asia’s population reside in India. India’s neighbours ranking are Nepal (72), Myanmar (77), Bangladesh (88), Sri Lanka (84) and China (29) – except Pakistan (106) and Afghanistan (107). Even North Korea (93) and Iraq (78) fared better in hunger parameters and GHI rankings.

SBI to set up country’s largest Innovation Centre at Mumbai

The nation’s largest lender State Bank of India is creating a 15,000-sqft innovation center in Navi Mumbai investing around Rs 100 crore. The center, to be built at its Global IT Centre in Belapur in Navi Mumbai, will be the largest innovation center by any financial services company in the country. The innovation center is part of a Rs 200-crore allocation that the bank has earmarked for innovation 2016.

India is second largest market for pharma: LinkedIn Report

The 13.7 percent contribution to the global pharmaceuticals and biotechnology workforce India has emerged as the second largest market for the industry, a report by professional networking giant LinkedIn has revealed. The report, detailed in the newly released e-book “The Indian Pharma and Biotech Industry”, showed that while New Delhi, Kolkata, and Chandigarh are thriving grounds for talent in this sector in India, talent migration is highest to the US. Talent migrating to other countries mainly comprises of researchers, scientists, quality assurance professionals, statistics programmers and data analysts.

44th Indian Handicrafts and Gifts-Delhi Fair inaugurated in New Delhi

The 44th edition of Indian Handicrafts and Gifts (IHGF)-Delhi Fair was held at India Expo Centre and Mart on outskirts of Delhi in Greater Noida. It was organised by Export Promotion Council for Handicrafts (EPCH) and was inaugurated by Union Textiles Minister Smriti Irani. The five-day B2B IHGF Fair was biggest platform in National Capital Region (NCR) for promotion of handicrafts business. It will showcase nearly three thousand exhibitors under 14 product categories. More than 100 countries including US, UK, Russia, France, Germany, Italy, Argentina, Austria, Belgium, Brazil, Canada, China, Japan and Korea are participating in the fair.

Govt to commemorate 150th Birth Anniversary of Mahatma Gandhi

Government of India will commemorate the 150th Birth Anniversary of Father of the Nation Mahatma Gandhi during the period from 2nd October, 2019 to 2nd October, 2020. The event will be celebrated at both national and international levels to propagate the message of the Mahatma. A National Committee headed by Prime Minister Narendra Modi has been constituted for the purpose. This Committee includes the Chief Ministers of all the states of the country, representatives from across the political spectrum, Gandhians, thinkers and eminent persons from all walks of life. The Committee will guide and approve policies, programmes, activities for the commemoration and will also supervise implementation of the decisions taken from time to time.

MP CM announced Rs. 2 lakh aid for widow remarriage

Madhya Pradesh Chief Minister Shivraj Singh Chouhan has announced a slew of measures for women in the State, including a financial assistance of Rs. 2 lakh for remarriage of widows. Speaking at his monthly radio broadcast ‘Dil Se’ Mr. Chouhan appealed to people to come forward to encourage remarriage of widows. It will help in eradicating social evils like dowry and child marriages.

Gurusaidutt wins Bulgarian International Tournament

Commonwealth Games bronze medallist RMV Gurusaidutt clinched the men’s singles title at the Bulgarian International Future Series tournament. Gurusaidutt has defeated Muhammed Ali Kurt (Turkey) in a 35- minute match. Gurusaidutt will also participate in Senior Nationals Championship in November 2017.

Bihar Cabinet approves reservation for ‘Divyangs’ in Govt Jobs

The Bihar Cabinet approved reservations for persons with disabilities in government jobs and educational institutions. The cabinet gave its approval during a meeting presided by Chief Minister Nitish Kumar. The provision has been brought in accordance with the Persons With Disabilities Act, 2016. The cabinet also approved the establishment of a state advisory board for the empowerment of ‘Divyangjan’ as envisaged in the Act.

Staubli first female referee to officiate in U-17 World Cup

Switzerland’s Esther Staubli will become the first female referee to officiate a match at the FIFA U-17 World Cup when Japan clash with New Caledonia in the final round group E match in Kolkata on 14th October 2017. This is in line with FIFA’s objective to further develop women’s football. Staubli is one of seven women referees invited to the FIFA U-17 World Cup 2017.

Yuvraj Singh named Laureus’ first Indian ambassador

Flamboyant India cricketer Yuvraj Singh has been appointed as Laureus’ first Indian ambassador, joining the host of cricket legends in the Laureus family, including Indian Academy members Sachin Tendulkar, Rahul Dravid and Kapil Dev. The Laureus World Sports Awards is an annual award ceremony honoring remarkable individuals from the world of sports along with the greatest sporting achievements throughout the year.

Nehra confirms his retirement from all forms of cricket on Nov. 1

Veteran Indian pacer Ashish Nehra confirmed that he would be retiring from all forms of cricket after the opening Twenty20 International of the three-match series against New Zealand, which is to be held at the Feroz Shah Kotla in New Delhi on November 1.


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