April 24,2018

Quiz- April 22, 2018
April 23, 2018
Quiz- April 23, 2018
April 24, 2018

Current Affairs for Engineering Service Exam

 Topics list:

  1. National and International Issues on
    1. Economic Development
    2. Social Development
    3. Industrial Development
  2. Energy and Environment
    1. Energy
    2. Environment
  3. Information and Communication Technology
    1. Technology
    2. Application

Topic 1:Economic development

Think Tank on Framework for National Policy on E-Commerce

Minister of Commerce & Industry and Civil Aviation will chair the first meeting of the think tank on the Framework for National Policy on E-commerce.

Highlights:

  • The think tank on the Framework for National Policy on E-commerce has been established recently by the Department of Commerce.
  • The think tank on the Framework for National Policy on E-commerce will seek to collectively deliberate on the challenges confronting India in the arena of digital economy with a view to developing recommendations for a comprehensive and overarching national policy on e-commerce.
  • It will provide a credible forum for an inclusive and fact-based dialogue leading to recommendations for informed policy making.
  • Meet the challenges, that would arise from the next wave of advancements in digital economy.
  • Developments on e-commerce at the WTO and evolving appropriate national position on the underlying issues, would be another important dimension of the discussions of the think tank on the Framework for National Policy on E-commerce.
  • The think tank will explore options for providing a fillip to entrepreneurship in digital economy.
  • It will identify specific policy interventions for nurturing domestic firms and create jobs in e-commerce.

Read more at: PIB

Business Beyond Borders

Delegates from 37 countries are participating in the first ever International SME Convention being held in New Delhi from 22nd to 24th April 2018.

Highlights:

  • Delegates from these countries are representing small enterprises of their countries in the sectors of agriculture, healthcare, strategic defence training, education, logistics, digital entertainment and waste management
  • The Convention will be also hosting over 400 entrepreneurs from India.
  • A Convention like this will act like a bridge across all sectors and will help India in making use of its demographic dividend by generating jobs for the youth of this country.
  • The Convention has a special session for women entrepreneurs where successful women business persons will discuss creating sustainable livelihoods for women entrepreneurs.

Read more at: PIB

India highest recipient of remittances

India retained the top position as a recipient of remittances with its diaspora sending about $69 billion back home last year, the World Bank said.

Highlights:

  • India continued to top in terms of receiving remittance, and was followed by China ($64 billion), the Philippines ($33 billion), Mexico ($31 billion), Nigeria ($22 billion) and Egypt ($20 billion).
  • The World Bank estimated that officially recorded remittances to low-and middle-income countries reached $466 billion in 2017
  • Global remittances, which include flows to high-income countries, grew 7 per cent to USD 613 billion last year, from USD 573 billion in 2016
  • Global remittances are expected to grow 4.6% to $642 billion in 2018
  • The rebound in remittances, when valued in U.S. dollars, was helped by higher oil prices and a strengthening of the Euro and the Ruble
  • Barriers to reducing costs are derisking by banks and exclusive partnerships between national post office systems and money transfer operators.

Read more at: The Hindu

Topic 1:Industrial development

Solutions for sugar payments crisis

A Group of Ministers will present solutions to the Union Cabinet in an effort to resolve the crisis arising from sugar mills defaulting on payments to farmers, with dues now likely to have crossed ₹20,000 crore.

Highlights:

  • A reduction of the Goods and Services Tax on ethanol from 18% to 5%
  • A sugar cess
  • A production subsidy for cane farmers
  • To incentivise value-added products, including molasses and ethanol, which could utilise the surplus harvest of sugarcane, and which would reduce the burden on the mills

Read more at: The Hindu

Topic 2 : Environment

Mahanadi dispute

With the dispute over Mahanadi river water sharing between Odisha and Chhattisgarh reaching a flashpoint, experts and civil society groups have urged the two governments to discuss all the contentious issues for a meaningful solution.

Highlights:

  • A comprehensive understanding and analysis of the impacts of all these structures and availability of water in the basin.
  • The premise for the discussion should be cooperation, not conflict

About Mahanadi:

  • Mahanadi, the sixth largest river in India, originates from Chhattisgarh and enters the Bay of Bengal travelling 851 km, of which 357 km lies in Chhattisgarh and 494 km in Odisha
  • Odisha has been grumbling that the Mahanadi is witnessing an 80% reduction of water flow in non-monsoon months while Chhattisgarh says it is only storing river water.

Read more at:The Hindu

Topic 2 : Energy

Diu Smart City 1st in India to run on 100% renewable energy

The Diu Smart City has become the first city in India that runs on 100 per cent renewable energy during the daytime, setting a bench-mark for other cities to follow

Highlights:

  • The city has developed a 9-MW solar park spread over 50 hectares rocky barren land, besides installing solar panels on the rooftops on 79 government buildings, generating 1.3 MW annually
  • Diu also offers its residents a subsidy of Rs 10, 000-50,000 for installing 1-5 -KW rooftop solar panels.

Read more at: ET

Topic 3 : ICT

Digital library of life

The Earth BioGenome Project (EBP), as envisaged in the paper titled “Earth BioGenome Project: Sequencing life for the future of life”, proposes a detailed genome-sequence draft of every eukaryote species (organisms with a defined nucleus and to which belong all plants and animals).

Highlights:

  • There are about eight million eukaryotic species and the authors are able to create their detailed genetic sequences will reveal unexpected, evolutionary connections among the genus, orders and families that make up the so-called Tree of Life.
  • The Human Genome Project, which involved preparing a blueprint of the sequence of genes that make up humans, opened a new vantage point to appraise our species.
  • It gave scientists a way to link networks of genes with disease and well-being, as well as discover unexpected links
  • Sequencing the human genome may have been the most high-profile activity of its kind, catalysing new academic disciplines, industrial applications and medical innovations.
  • The greatest legacy of the EBP will be the gift of knowledge  a complete Digital Library of Life that contains the collective biological intelligence of 3.5 billion years of evolutionary history

Read more at: The Hindu

 

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