31 August 2017 Current Affairs

IIT Researchers develops bioartificial implantable pancreas

Researchers from Indian Institute of Technology (IIT) Guwahati have successfully created an implantable bioartificial pancreas model grown within 3D silk scaffold. The bioartificial pancreas encapsulates insulin-producing beta cells, capable of naturally producing insulin in sustained manner. If successful in animal and human trials, it can be used for treating people with Type 1 diabetes. Type 1 diabetes arises when the body’s immune system kills the insulin-producing beta cells.


10th India-European Union Counter Terrorism Dialogue

India and the European Union have agreed to strengthen cooperation between their security and intelligence agencies to combat the threat of terrorism and check terror financing. During the 10th India-European Union Counter Terrorism Dialogue in New Delhi, the two sides deliberated extensively on combating terror financing and challenges posed by radicalization.


Amazon to help implement Karnataka’s Ksheera Bhagya Scheme

Amazon has announced a partnership with the Akshaya Patra Foundation to implement the Karnataka Government’s Ksheera Bhagya Scheme in the city. Under the scheme, the school children of the city would be provided a glass of milk each five days a week. This scheme ensures that children start their day in school with a healthy glass of milk, which is rich in protein and fat, essential for healthy growth and all-round development of children. the partnership aims to reach out to 170000 children across 1300 government schools in the state.


Konkani writer Mahabaleshwar Sail receives 2016 Saraswati Samman

Eminent Konkani writer Mahabaleshwar Sail (74) was bestowed with prestigious Saraswati Samman 2016. He was awarded for his novel “Hawthan (हावटण)” that captures cultural lives of traditional potter community in Goa. He was presented the award, comprising plaque and a cash purse of Rs.15 lakh by Union minister for commerce and industry Nirmala Sitharaman at event held in New Delhi.


WCD Minister to confer National Level Awards to Anganwadi workers

The Minister of Women and Child Development, Maneka Sanjay Gandhi will be giving away National Level Awards to Anganwadi workers at New Delhi. The annual awards aim to recognize the exemplary service by the Anganwadi workers in the field of child development and related areas under the Integrated Child Development Services (ICDS) Scheme.


PV Sindhu, First Brand Ambassador for Bridgestone India

Badminton ace PV Sindhu, who recently won Silver at the World Championship, was appointed the first brand ambassador of tyre maker Bridgestone India. The shuttler has signed a three year deal with Bridgestone India, a subsidiary of Bridgestone which is one of the sponsors for the Olympics 2020 in Japan. The Padma Shri recipient became the first Indian woman to win an Olympic silver medal in the Olympic Games Rio 2016.


Joint Proposal by India & China in WTO

India and China have jointly submitted a proposal to the World Trade Organisation (WTO) calling for the elimination of the most trade-distorting form of farm subsidies, known as Aggregate Measurement of Support (AMS) as a prerequisite for consideration of other reforms in domestic support negotiations. The proposal is significant in view of the ongoing negotiatiobs for the upcoming 11th Ministerial Conference of the WTO, which is scheduled to be held in Buenos Aires in December 2017. It counters the efforts of some countries to target the subsidies of the developing countries while letting the developed countries retain their huge farm subsidies.


Ujjivan SFB Received Scheduled Bank Status from RBI

Ujjivan Small Finance Bank Ltd, a wholly-owned subsidiary of Ujjivan Financial Services Ltd, has been given scheduled bank status by RBI. Currently, Ujjivan SFB has 65 full-fledged brick and mortar branches in eight states and two Union Territories. Ujjivan SFB commenced its operations as a Small Finance Bank with effect from February 1, 2017.


Rajiv Gauba Takes Over as Union Home Secretary

Mr. Rajiv Gauba took over as Secretary to the Government of India in the Ministry of Home Affairs. Mr. Gauba joined the Ministry of Home Affairs as Officer on Special Duty on June 27, 2017 and took charge as the Union Home Secretary upon the superannuation of Shri Rajiv Mehrishi. Mr. Gauba also served in the International Monetary Fund representing the country for four years on the Board of IMF.


Union Cabinet approves equivalence of posts

The Union Cabinet has approved the norms for establishing equivalence of posts in Government, Public Sector Undertakings (PSUs), Banks, Insurance Institutions for claiming benefit of OBC reservations. This approval came after nearly 24 years. This will ensure that the children of those serving in lower categories in PSUs and other institutions can get the benefit of OBC reservations. It will prevent treatment of Children of OBC category individuals in senior positions as non Creamy Layer by virtue of wrong interpretation of income standards. The cabinet also approved the increase in the Creamy Layer ceiling of OBCs from Rs 6 lakh per annum to Rs 8 lakh per annum. This increase came with the increase in the Consumer Price Index.


R.K. Raghavan is New High Commissioner of India to Cyprus

According to the External Affairs Ministry, Former CBI Director R.K. Raghavan has been appointed High Commissioner to Cyprus. His specialization is cybersecurity. He had been CBI Director from January 1999 to April 2001. The Supreme Court appointed him head of the Anti-Ragging Monitoring Committee in 2006.


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