Daily Current Affairs 27th & 28th September,2017

1) India MoU with Norway & collaborates with US and Japan

  • Government of India has collaborated with US, Japan and Norway in the fields of health security, rail safety and health co-operation respectively.
  • Indian Ministry of Health and Family Welfare signed a ‘Letter of Intent’ with the Norwegian Ministry of Foreign Affairs.This Letter of Intent aims to extend the co-operation in health sector through the Norway India Partnership Initiative (NIPI) for a period of 3 years, starting from 2018.
  • India and United States renew Commitment on Health security:
    i.India and United States renewed their commitment to work together in the healthcare sector.
    ii.This would provide better solutions to the health challenges faced by the people of both the countries.
    iii.They would identify areas of mutual interest and promote development in areas like drugs for communicable and non-communicable diseases, low-cost innovations, food and drug regulations, traditional medicine, etc. 
  • India and Japan Co-operation in Rail Safety:
    i.Indian Ministry of Railways had requested Japan’s Ministry of Land, Infrastructure, Transport and Tourism (MLIT) for technical co-operation in Rail Safety.
    ii.This co-operation will enable exchange of information and visit of experts from both sides.
    iii.A workshop is to be organised in the first week of November 2017 in association with Japanese experts.

2) Indian Navy commissions INS Tarasa, a Water Jet Fast Attack Craft at Mumbai

  • On 26th September 2017, INS Tarasa, a Water Jet Fast Attack Craft (FAC) was commissioned into the Indian Navy by Vice Admiral Girish Luthra, Flag Officer Commanding-in-Chief, Western Naval Command at the Naval Dockyard, in Mumbai.
  • INS Tarasa is 50 m long.It is powered by three water jets, with speed more than 35 knots (65 km/hr).It is equipped with a 30 mm main gun and several light, medium and heavy machine guns
  • INS Tarasa was built by the Garden Reach Shipbuilders and Engineers (GRSE), Kolkata.This is the last Water Jet Fast Attack Craft (FAC) built by Garden Reach Shipbuilders and Engineers (GRSE).

3) Government launches Electronic Negotiable Warehouse Receipt System

  • On 26th September 2017, Mr.Ram Vilas Paswan, Union Minister of Consumer Affairs, Food and Public Distribution launched the Web Portal of Warehousing Development and Regulatory Authority (WDRA) and Electronic Negotiable Warehouse Receipt (e-NWR) System, in New Delhi.
  • e-NWRs have no chances of any tempering, mutilation, fudging, loss or damage and with no possibility of any multiple financing. These initiatives would revolutionise the marketing of agricultural commodities and help farmers realize better price for their produce which will be a step towards doubling the farmers’ income by 2022 as well as Digital India mission.

4) Minister of Communication Shri Manoj Sinha Launched First Ever India Mobile Congress 2017

  • The Minister of Communication Shri Manoj Sinha launched DoT’s first ever Mobile, Internet and Technology event in India – India Mobile Congress 2017 at Pragati Maidan, New Delhi.
  • Led by Department of Telecom as the nodal ministry, the India Mobile Congress is being organised by Cellular Operators Association of India (COAI). The largest and first ever event also has the support of the other ministries like the Ministry of Electronics and Information Technology (MeitY), Skill Development and Entrepreneurship amongst others.

5) Israel to boost ‘White Revolution’ in Haryana

  • On 25th September 2017, Mr.Uri Ariel, Minister of Agriculture and Rural Development of Israel, announced that Israel will provide increased support to Haryana’s White Revolution, in Israel.
  • Haryana’s Agriculture and Farmers’ Welfare Minister Mr.Om Prakash Dhankar, met Israel’s Minister of Agriculture and Rural Development Mr.Uri Ariel.Both the Ministers agreed on further co-operation in the fields of horticulture, dairy and exchange of research among students and specialists in universities of agriculture, horticulture and animal sciences.

6) WEF’s Global Competitiveness Rankings: India Ranks 40th, Switzerland Tops

  • India remains the most competitive country in South Asia, appearing at No. 40 in the global competitiveness ranking of 137 countries by the World Economic Forum (WEF). The ranking is one lower than last year.
  • According to WEF, India’s score is its highest ever according to the current methodology, which ranked Switzerland as the world’s most competitive economy. India ranks 3rd among BRICS nations.

7) ADB to Increase Annual Lending to India to $4 billion

  • The Asian Development Bank will increase its annual lending to India to a maximum of $4 billion between 2018 and 2022 to help fasten inclusive economic transformation towards upper middle-income status.
  • The proposal was endorsed at new ADB Country Partnership Strategy for 2018- 2022. The new lending programme, which includes private sector operations, is much higher than the average $2.65 billion a year in loans extended during 2012 and 2016.

8) IDBI Bank launches ‘Project Nishchay’ to improve financial performance

  • On 26th September 2017, IDBI Bank launched ‘Project Nishchay’ in partnership with Boston Consulting Group (BCG) to improve its turnaround programme and financial performance.
  • This project will be led by senior management of IDBI Bank and BCG.IDBI Bank has the highest ratio of bad loans among listed banks with a gross NPA ratio of over 24 %. The bank had made a net loss of Rs.853 crore at the end of the first quarter in 2017.

9) BHU Appoints its First Woman Chief Proctor

  • The Banaras Hindu University has appointed Professor Royana Singh as its Chief Proctor. She will be the first woman to hold the post, as per an official of the 101-year-old central University.
  • Mrs Singh is a professor in the Anatomy department of the Institute of Medical Sciences. She takes charge after O.N Singh resigned from the post of Chief Proctor taking “moral responsibility” for the incident of lathi charge on students who were protesting against the victim-blaming of a colleague who was molested in the campus.

10) Maharashtra secures top position in manufacturing: ASSOCHAM

  • On 26th September 2017, Maharashtra secured the 1st position in manufacturing emergence in India, according to a study conducted by the non-governmental industry body ASSOCHAM.
  • Associated Chambers of Commerce and Industry of India (ASSOCHAM) conducted a study titled ‘Manufacturing excellence and emergence in India: The State-level analysis’.ASSOCHAM considered the following factors to prepare the ranking: number of factories, output value, working capital, net fixed capital formation, fixed capital, finished goods, capital invested and total inputs.’
  • Gujarat has obtained the second position, with good performance on change in capacity utilisation, operational ratio, value addition and input cost.

11) Angola Swears in its First New President After 38 Years

  • Angola swore in Joao Lourenco as the country’s President, making him the first new President of the country in 38 years. This comes after the previous president, Jose Eduardo dos Santos, announced his retirement and chose Lourenco as his successor.
  • Lourenco, who had served as Angola’s Defence Minister earlier, vowed to attract more foreign investment. The People’s Movement for the Liberation of Angola (MPLA) has governed since Angola’s hard-fought independence from Portugal in 1975, with Dos Santos taking power in 1979.

12) World Tourism Day: 27 September\

  • The World Tourism Day is celebrated across the world on 27th of September.  Its purpose is to foster awareness among the international community of the importance of tourism and its social, cultural, political and economic value.  The theme for World Tourism Day 2017 is ‘Sustainable Tourism – a Tool for Development’.
  • The World Tourism Organization (UNWTO), the United Nations agency is responsible for the promotion of responsible, sustainable and universally accessible tourism.

13) World Maritime Day: 28 September

  • The World Maritime Day is celebrated across the world on 28 September. The theme for 2017 World Maritime Day is ‘Connecting Ships, Ports and People’.
  • The idea behind introducing the theme is to provide an opportunity to focus on the many diverse actors involved in the shipping and logistics areas. It aims to do so by focusing on helping International Maritime Organization (IMO) member states to develop and implement maritime strategies to invest in a joined-up, interagency approach.

14) World Rabies Day: 28th September

  • World Rabies Day is celebrated annually to raise awareness about rabies prevention. This day also marks the anniversary of Louis Pasteur’s death, the French chemist and microbiologist, who developed the first rabies vaccine.
  • World Rabies Day is the first and only global day of action and awareness for rabies prevention. The 2017 World Rabies Day theme is ‘Rabies: Zero by 30’.

15) India to host South Asian boxing Championship in Guwahati

  • The Boxing Federation of India (BFI) has presented its 2017-18 calendar which includes the prestigious South Asian Championship to be held in Guwahati from December 6-10 announced on 26th of Sept. 2017.
  • It is the first time India will host the South Asian Championship. The tournament will witness the participation from Uzbekistan, Kazakhstan, and Ukraine among other top boxing nations.

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