May 28,2018

Quiz – May 27, 2018
May 28, 2018
May 29,2018
May 29, 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
  1. The Key Initiatives of Government

Topic 1:Economic development

Encouraging start-ups

The Income Tax Department has excluded chartered accountants (CAs) from assessing the fair valuation of start-ups.

  • The department provided tax exemption for investments that small start-ups receive from angel investors above their fair valuation.
  • The step comes as a relief to start-ups that have been complaining about tax on investments raised from angel investors.
  • This exemption was earlier available to investments from registered venture capital funds and foreign investors.
  • As per the conditions, the exemption is meant for small start-ups whose paid-up capital and share premium do not exceed ₹10 crore after the share sale.
  • According to DIPP, an entity shall cease to be a start-up on completion of seven years from the date of its incorporation/registration of if its turnover for any previous year exceeds ₹25 crore.
  • In respect of start-ups in biotechnology sector, an entity shall cease to be a start-up on completion of ten years from the date of its incorporation/registration or if its turnover for any previous year exceeds ₹25 crore

Read more at: The Hindu

Topic 1:Social development

Women’s health

The International Food Policy Research Institute (IFPRI) highlights the impact of women’s health on stunting of children. The study analysing data from the National Family Health Survey (NHFS)- IV, parameters related to women, including education and age at marriage

Highlights:

  • The study account for 50% of the difference between districts with high and low levels of stunting among children below the age of five.
  • India accounts for approximately a third of the world’s stunted children at 63 million.
  • The levels have improved in the country from 48% in 2006 to 38.4% in 2016, there are wide variations among different districts
  • The populous northern States account for more than 80% of stunted children at 52.6 million
  • The research highlights the need for targeted policy intervention to combat stunting, with a focus on addressing critical determinants in individual districts.

Four parameters:

  1. The levels of body mass index accounting for 19% of the difference between districts
  2. Education accounting for 12% of the difference
  3. Age at marriage contributing  7% reduction
  4. Ante-natal care adding 6%.

Read more at: The Hindu

Topic 1:Industrial development

India’s Expressways

Prime Minister inaugurated India’s First 14 Lane Delhi-Meerut Expressway and Eastern Peripheral Expressway.

Phase 1 Delhi-Meerut Expressway:

  • The Delhi-Meerut route though is India’s first 14 lane expressway and spans from Nizamuddin Bridge to the Uttar Pradesh border.
  • The new expressway will be cutting the travel time from current 45 minutes to just eight minutes and is designed for speeds up to 120 kmph.
  • The expressway gets vertical gardens with solar panels for lighting and drip water irrigation in order to keep the pollution levels low.
  • It gets replicas of prominent monuments like Qutub Minar and Ashoka Stambh.
  • It gets Advanced Traffic Management Systems (ATMS) and CCTVs to monitor the traffic and safety of commuters
  • The travel time from Delhi to Meerut is expected to reduce to just 45 minutes from the current 4-5 hours.
  • The Delhi-Meerut Expressway (Delhi Section) has been developed by NHAI and Welspun Enterprises under the ‘Hybrid Annuity Model’.

Eastern Peripheral Expressway

  • The expressway is expected to bring down the pollution level in Delhi by a 27 per cent.
  • It is India’s first highway to be lit by solar power besides provisions of rainwater harvesting have been made on every 500 metres on either side.
  • The EPE is equipped with smart and intelligent highway traffic management system (HTMS) and video incident detection system (VIDS), while there is also Electronic Toll Collection (ETC) system
  • Eastern Peripheral Expressway is expected to divert at least 50,000 vehicles from Delhi going to neighbouring states
  • The six-lane expressway will connect Kundli with Palwal in Haryana, via Ghaziabad and Greater Noida in Uttar Pradesh.

Read more at: The Hindu

Regional Connectivity Scheme (RCS) – UDAN:

  • The objective is to facilitate regional air connectivity by making it affordable.
  • It offers concessions to the airlines to encourage them to fly on regional routes.
  • Concession include operating subsidies like levies or charges imposed by the airport operators, excise duty at 2% and VAT at 1% on aviation turbine fuel, parking charges at airports and exempting these operations from the GST net.
  • Airports Authority of India (AAI) is the implementing agency.
  • The airfare per RCS seat should not exceed Rs 2,500 and will be determined based on the flight distance.
  • The selected airlines will have to commit 50% of the seats on RCS flights as RCS seats with 3-7 operational flights per week.
  • A Regional Connectivity Fund (RCF) will be created to subsidise operations under the RCS.
  • The central government will fund 80% of the losses incurred and the rest will be covered by the states.
  • Viability gap funding (VGF) will be provided for three years from the date of commencement of operations of such RCS flights.  
  • Benefits under the Scheme will be available for a period of 10 years from the date of its notification.

Read more at: The Hindu

Topic 2 : Environment

Water management reforms

Gujarat State government has embarked on a labour-intensive programme to desilt rivers and waterbodies ahead of the monsoon rains

Highlights:

  • Improves rural water storage structures
  • Creates many small wetlands
  • Farmers need to be helped with the latest technologies to cut water use
  • Desalination of water bodies
  • Decentralised water storage
  • Prioritise the water use.

Read more at: The Hindu

Topic 3 : ICT

The enterprise cloud

An organisation working its way to a more digital future has to focus on transforming from its fundamental infrastructure.

Highlights:

  • The digitisation leading to transform ‘with cloud’ and not merely move ‘to cloud’.
  • An organisation has to simplifying the processes surrounded
  • To transform IT into a highly responsive and efficient landscape
  • To ensure assets are secured by software and IT tools

Read more at: The Hindu

Europe’s new data protection law

European Union’s (EU) General Data Protection Regulation aim to protect all EU citizens from data breaches is a Tectonic shift in the global privacy paradigm.

Highlights:

  • The regulation, which was approved by the EU Parliament in April 2016 after about four years of preparation and debate, came into effect on May 25, 2018.
  • It provides for hefty penalties of up to €20 million or 4% of a company’s global revenue for non-compliance
  • Any organisation providing goods and services in the EU comes under GDPR
  • This regulation will radically transform the privacy landscape for organisations of all sizes and sectors that process personal data.
  • GDPR not only impacts Indian organisations, but also global firms who are handling or managing PII data for EU employees, vendors, businesses
  • GDPR will provide a benchmark of how data protection may be treated.
  • GDPR gives a sense of comfort to the data subjects and enforces clear purpose, transparency of data when any data controller or processor collects, processes, stores, disposes and archives their personal data

Read more at: The Hindu

Topic 4: The Key Initiatives of Government

National Programme on use of Space Technology for Agriculture (NPSTA)

  • NPSTA is a proposed programme which envisages integrated use of Space and Geospatial Tools for Mapping, Monitoring and Management of Agriculture
  • The current running programmes will be subsumed under this. They are
  1. Project FASAL (for crop forecasting),
  2. Project NADAMS (for drought assessment),
  3. Project CHAMAN (for horticultural assessment and development),
  4. Project KISAN (for crop insurance) and Crop Intensification planning.
  • The programme will have four sub-programmes such as Crop Assessment & Monitoring, Agricultural Resources Management, Disaster Monitoring and Mitigation, Satellite Communication and Navigation Applications

Operation Muskaan

  • It was launched by the Union Ministry of Home Affairs.
  • The main aim of the programme is to prevent child trafficking and rescue children from persons who try to engage them in begging, sexual trade and other antisocial activities.
  • Under this programme, specially trained police teams would screen all children residing in shelter homes, railway platforms, bus stands, roads and religious places.

Global Initiative Of Academic Networks (GIAN)

  • It is an initiative aimed at tapping the talent pool of scientist and entrepreneurs internationally by collaborating Indian institutes of Higher Education in India with Foreign academics.
  • It is to augment the country’s existing academic resources, accelerate the pace of quality reform and elevate the scientific and technological capacity to global excellence.

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