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Daily Current Affairs Update – 21st January 2017

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National – Across the India:

 

1. The Union government clears Tamil Nadu government’s proposal to promulgate an ordinance to hold Jallikatu, a traditional bull taming sport.

 

 The Union Ministries of Home, Law and Environment has vetted the state’s draft ordinance and cleared the amendment. Now, Tamil Nadu Governor can promulgate ordinance as per Article 213 of the constitution.

 The ordinance will denotify the bull from the list of performing animals. This will ensure that provisions of Prevention of Cruelty to Animals Act (PCA), 1960 will not apply to the bull.

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2. Indian Railways has circulated a draft cabinet note for setting up a dedicated $5 billion Railways of India Development Fund (RIDF).

 The fund will to be anchored by the World Bank and will serve as an institutional mechanism for the national transporter to arrange fund from the market for its investments.

 According to a top railway official, the fund will be managed independently by a non-government entity.

3. Indian Ocean Rim Association (IORA) member-states have finalized Memorandum of Understandings (MoUs) for cooperation in small and medium-sized enterprises (SME) sector.

 The MoUs were finalized during the Workshop on MSME Cooperation amongst IORA member countries held in New Delhi. They will take effect for each party upon signature by 5 countries.

 The workshop was organized by Union Ministry of Micro, Small & Medium Enterprises (MSMEs) and was attended by around 29 delegates from 14 IORA member-states.

4. The Minister of State for Civil Aviation Jayant Sinha, on January 19, 2017 announced that the under UDAN (Ude Desh Ke Aam Naagrik) Scheme is likely to take off in February 2017.

 Presently there are 75 operational airports in the country and after the implementation of UDAN scheme 43 new airports will be added.

 The UDAN scheme aims to boost regional air connectivity to and from un-served and under-served airports and make flying more affordable. Besides, it also aims to provide various incentives to airlines.

 The fare for a one hour journey of approximately 500 km on a fixed wing aircraft or for a 30 minutes journey on a helicopter has been fixed at Rs. 2500 under the scheme.

International – Across the Globe:

1. Mobile users in India downloaded the most number of apps from Google Play app store in 2016.

 With over 6 billion app downloads, India, which was in the third position in 2015, surpassed the US, according to a report by global app analytics firm App Annie.

 Brazil took the third spot with a little over 5 billion downloads.

 China is not part of the Google Play (Android) rankings because the country has blocked Google. However, it was Number one in iOS (Apple) app store downloads.

 

2. India and the UAE held the first meeting of their strategic dialogue in New Delhi to elevate the bilateral relationship to Comprehensive Strategic Partnership.

 The meeting was co-chaired by Minister of State (MoS) for External Affairs M J Akbar and MoS in Ministry of Foreign Affairs of UAE Anwar Gargash.

 The news areas include energy security, renewable energy, defence and security, electronics and information technology and space.

 They also agreed on a number of new initiatives to further strengthen the bilateral cooperation and on signing of fresh instruments of cooperation.

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Economics & Banking GK:

1. Dairy firm Kwality Ltd said it has signed an agreement with Bank of Baroda for providing Rs 4,000 crore loans to the former’s one lakh farmers from whom the company procures milk.

 The company has a network of about 3.25 lakh across about 4,500 villages in Uttar Pradesh, Haryana and Rajasthan which are amongst the largest milk producing states of India.

 Kwality Ltd would cover the remaining farmers in subsequent phases over a period of time.

 The scheme is aimed at providing financial assistance to improve socio-economic lives of farmers and steer them towards digitization.

 Farmers would get loans up to Rs 4 lakh at less than 9 per cent interest rates.

 

2. The government has announced that cooperative banks will not be authorized to accept deposits under the Pradhan Mantry Garib Kalyan Deposit Scheme.

 Under the scheme, all those who are declaring previously undisclosed income under the Scheme have to place 25% of the amount being declared in an interest-free fixed deposit with a lock-in period of four years.

3. INS Vikramaditya will soon to have an ATM onboard. The cash dispensing machine will operate via a satellite communication link.

 Vikramaditya will be the first ever warship to have such facility. Earlier, INS VIRAAT was equipped with a telephone link based ATM with limited access.

 Around 2000 people Posted on the warship will now enjoy the benefit.

 State Bank of India will launch the ATM facility onboard premier warship.

Awards & Recognition:

1. For the first time, a film made in a Himachali dialect “Saanjh” gets international recognition by grabbing best feature film award at International Borrego Springs Film Festival held in California, US.

 The film emerged winner beating 750 other nominated films from across the globe.

 Film director and producer Ajay Saklani hails from Mandi district

2. ISKCON’s Govardhan eco village at nearby Wada taluka in Thane district has been conferred the United Nations award for taking innovative measures of ’sustainable tourism’ in country.

 This is for the first-time India has won such recognition from the UN in the NGO sector, an ISKCON release said on Friday.

 The award was presented at the annual United Nations World Tourism Organization (UNWTO) Awards for Excellence and Innovation in Tourism at Madrid in Spain.

Sports & Athletics:

1. Former India skipper and Bengal’s biggest cricketing icon Sourav Ganguly will now have a stand named after him at the historic Eden Gardens.

 Four other stands will be christened after former player Pankaj Roy and former CAB presidents BN Dutt, AN Ghosh and Snehasnshu Acharya. The other one will be called the Jagmohan Dalmiya stand.

2. Indian footballer Jayesh Raimalani has signed for Club Esportiu JUPITER (CE JUPITER), Spanish Tercera division club based out from Barcelona.

 The Rajasthan born footballer will join the Club’s U-19 team that plays in the National League. Jayesh will also play in its B Team that currently plays the Second Division of U-19 league system in Spain.

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Daily Current Affairs Update – 21st January 2017

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