Prime Minister Narendra Modi

1.02.18 Arunachal Pradesh(APPSC) Current Affairs

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NORTH-EASTERN STATES

  • Northeast states report spike in HIV rate in those injecting drugs

 

  • Close to 20% injecting drug users (IDUS) in Mizoram have HIV, compared to a nationwide prevalence of 6.26% among drug-users, shows data from National Aids Control Organisation’s (NACO) HIV Sentinel Surveillance 2017 released last month.

 

  • Six states in the region account for 43.5% of IDUS who tested positive for HIV in India.

 

  • The states in the region with higher than usual national prevalence among IDUS are Mizoram (19.81%), Manipur (7.66%), and Tripura (8.55%).

 

  • Needle-sharing among IDUS is one of the reasons driving the HIV epidemic in the region, with seven north-eastern states accounting for about 6% of all new HIV infections.

 

  • The health ministry began an epidemiological investigation in December last year to understand reasons why HIV prevention and treatment programmes are not working in the region.

 

  • The virus has spread in the general population through drug use and controlling its transmission now has become a huge challenge.

 

  • For India to meet the goal of ‘End of AIDS’ as a public threat by 2030, it is imperative to bring the numbers down. 

     

    INTERNATIONAL

     

    ·        Melbourne To Host Final Of 2020 World T20

     

    • Melbourne Cricket Ground will host the final of both the men’s and women’s World Twenty20when the tournaments come to Australia in 2020.
    • It will mark the first time the tournaments are held as stand-alone events in the same year in the same country.
    • The women’s final will coincide with International Women’s Day (8th March).

     

     

    ·        Google Introduces A New App Named as Bulletin

     

    • Google introduced a new app named “Bulletin”that allows anybody to submit stories for and about their communities.
    • This is a free, lightweight app for telling a story by capturing photos, video clips and text right from your phone, published straight to the web.
    • The app is made for contributing hyperlocal stories about your community.
    • The application has been launched as a limited pilot project and is available in Nashville, Tennessee, and Oakland, California.

     

     

    NATIONAL

     

    ·        New e-way bill system comes into force to bring uniformity across the states

     

    ð  New e-way bill system comes into force to bring uniformity across the states for smooth inter-state movement of goods

     

    ð  A new e-way bill system will come into effect.

    • Under the new system, every transporter will have to carry a system-generated bill to move goods from one place to another.
    • The e-way bill systemintroduced to bring uniformity across the states for seamless inter-state movement of goods.
    • Under the Goods and Services Tax, interstate transportation of goods beyond 10 kilometers with a value of 50,000 rupees and above, will mandatorily require the e-way bill.
    • Last month, the GST Council decided to implement the e-way bill mechanism throughout the country from 1st of February, 2018.

     

    • PM Narendra Modi writes a book titled ‘Exam Warriors’ for students

     

    • Prime Minister Narendra Modi has written a book for students who battle stress and anxiety during examinations.

     

    • The book, slated to be released on February 3, talks about the ways in which students can tackle the stress.

     

    • The book has been titled ‘Exam Warriors’ and mentions various means such as practicing yoga.

     

    ·        Union Government launches GeM 3.0

     

    • The Ministry of Commerce & Industrylaunched the third version of the Government e-Marketplace (GeM 3.0).
    • The earlier version GeM 2.0 was launched a GeM 2.0 was launched as pilot project in August 2016.
    • GeM 3.0 will offer standardized and enriched catalog management, powerful search engine.
    • GeM is an Online Market platform to facilitate procurement of goods and services by various Ministries and agencies of the Government.

     

    • Wi-Fi hotspots for rural areas proposed

     

    • The government has proposed to set up five lakh Wi-Fi hotspots which will provide broadband access to five crore rural citizens.

     

    • Allocation of Rs 10,000 crore has been provided in 2018-19 for creation and augmentation of telecom infrastructure.

     

    ·        Govt proposes key amendments to PMLA

     

    • The Central government has proposed changes to various provisions of the Prevention of Money Laundering Act (PMLA) through the Finance Bill, including a crucial amendment that empowers the Special Court to restore confiscated assets to the rightful claimants even during the trial.

     

    • The government has introduced a new Sub-Section (2) of Section 66, making it mandatory for the ED to share relevant details with other agencies.

     

    • A key proposed change is in the definition of “proceeds of crime”, which now also allows the ED to proceed against assets of equivalent value located even outside the country.

     

    • A further limit of ₹1 crore involved in the alleged offence would allow the court to apply bail provisions more leniently to less serious PMLA cases, said the government.

     

    • Another suggested change is the inclusion of Section 447 of the Companies Act in the list of scheduled offences under PMLA. It will allow the Registrar of Companies to report suitable cases to the ED for money laundering probe.

31.01.18 Arunachal Pradesh(APPSC) Current Affairs

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NORTH-EASTERN STATES

  • Nagaland receives no instruction from EC

 

  • Nagaland state election authority has not received any instruction from the Election Commission 24 hours after all major political parties agreed not to contest the upcoming assembly polls slated for February 27 alleging the Centre’s failure to resolve the main political problem.

 

  • According to state election department sources, the authority was aware of the decision and they passed the message to the ElectionCommission.

 

  • Many political functionaries in Kohima callerstate chief election officer Abhijeet Sinha on Tuesday who said that they won’t halt the process until they receive any instruction from the country’s poll panel which announced the poll scheduled two weeks back.

 

  • All major political parties on Monday signed a joint statement prepared by the civil society organizations not to contest the polls without a complete solution of the vexed decade old problem.

 

 

INTERNATIONAL

 

  • India and Asian Development Bank (ADB) sign $250 Million Loan

 

  • The Asian Development Bank (ADB) and the Government of India have signed a $250 million loan to finance the construction of 6,254 kilometers all-weather rural roads in the States of Assam, Chhattisgarh, Madhya Pradesh, Odisha and West Bengal under the Prime Minister’s Rural Roads Program (PMGSY).

 

  • The First Tranche Loan is part of the $500 million Second Rural Connectivity Investment Program for India approved by the ADB Board in December 2017.

 

  • The program is aimed at improving rural connectivity, facilitating safer and more efficient access to livelihood and socio-economic opportunities for rural communities through improvements to about 12,000 kilometers Rural Roads across the 5 States.

 

·        India Ranks 6th In The List Of Wealthiest Countries

 

  • India ranked sixth in the list of wealthiest countries with the total wealth of 8,230 billion US dollars.
  • The list was topped by the United States of America, according to a report by New World Wealth.
  • He was the best-performing wealth market globally in 2017 as its total wealth swelled from 6,584 billion dollars in 2016 to 8,230 billion dollars in 2017, registering a 25% growth.

 

 

  • India ranks 62th in inclusive development index by World Economic Forum

 

Inclusive Development Index

 

  • 103 countries
  • 74 –developing countries
  • India ranked 62th
  • Three individual pillars — growth and development; inclusion; and inter-generational equity — has been divided into two parts. The first part covers 29 advanced economies and the second 74 emerging economies.

 

  • Growth score (6 level)— receding, slowly receding, stable, slowly advancing and advancing.

 

  • The top-five most inclusive emerging economies are Lithuania, Hungary, Azerbaijan, Latvia and Poland.

 

  • India ranks 72nd for inclusion, 66th for growth and development and 44th for inter-generational equity.

 

  • Three parameters -Standard of living-  Environment stability – future generation indebtedness

 

  • India is above only from South africa in BRICS countries.

 

NATIONAL

 

·        India becomes third largest producer of crude steel

 

  • According to a recent report published by World Steel Association (WSA), India overtook the US to become the world’s third-largest steel producer in 2018.
  • China has remained world leader by producing 831.7 MT in 2017, up 5.7% from 786.9 MT in the year-ago period.
  • Japan is second largest global steel producer.
  • The Global steel production had reached 1,691.2 MT in 2017, up by 5.3% compared to 2016 when output was 1,606.3 MT.
  • It includes over 160 steel producers with 9 of the 10 largest steel companies, national and regional steel industry associations, and steel research institutes.
  • It was founded in July 1967 and is headquartered in Brussels, Belgium.

 

  • Stree Swabhiman Initiative launched for Women Health and Hygiene

 

  • The Information Technology and Electronics Ministry of the country has announced to launch the new scheme initiative under Stree Swabhiman Drive.

  • The new initiative has been introduced by the Ministry and CSC to ensure and maintain perfect health for Women and at the same time to maintain Health Hygiene.

 

  • Prime Minister to launch Khelo India School Games in the Capital

 

  • Prime Minister Shri Narendra Modi will launch the first Khelo India School Games at Indira Gandhi Indoor Stadium in New Delhi on January 31, 2018.

 

  • The Khelo India programme has been introduced to revive the sports culture in India at the grass-root level by building a strong framework for all sports played in our country and establishing India as a great sporting nation.

 

  • Talented players identified in priority sports disciplines at various levels by a High-Powered Committee will be provided annual financial assistance of Rs. 5 lakh per annum for 8 years.

 

  • The Khelo India School Games are being held from 31st January to 8th February, 2018 in New Delhi.

 

  • It is being implemented in 150 Colleges and 20 Universities.

 

  • Under-17 athletes have been invited to participate across 16 disciplines.

 

·        India to witness super blue moon with lunar eclipse

  • India would witness a ‘super blue blood‘ moon between 5:15 PM and 7:37 PM on as the Moon goes from east to west.
  • Occurring for the first time since 1866, the second Full Moon of the month, often called a Blue Moon, would coincide with a lunar eclipse giving it a blood-red tint, with the Moon also being a supermoon.

 

·        Indian Navy launches third Scorpene class submarine Karanj

 

  • The Indian Navy launched ‘Karanj,’the third Scorpene class submarine.
  • The submarine, constructed by shipbuilder Mazagon Dock Limited (MDL)in Mumbai.
  • The first of the six Scorpene-class submarines, Kalvari, was commissioned into the Indian Navy by Prime Minister Narendra Modi last month.
  • He had called its induction a big step in the country’s defense preparedness.
  • On the occasion, Defence Minister Nirmala Sitharaman had called submarine building a sophisticated and exacting craft, which only a handful of countries possess in their industrial capacity.

 

  • The second one, INS Khandari, was launched on January 12 this year is currently undergoing sea trials.

 

  • The Scorpene submarines are a primary modernization requirement of the Indian Navy, which is currently faced with an ageing submarine fleet, and that too when the Chinese navy has a growing presence in the Indian Ocean.

 

  • The technology being used for construction of the Scorpene class submarines has ensured superior stealth features such as advanced acoustic silencing techniques, low radiated noise levels and hydrodynamically optimized shape. These stealth features give it an invulnerability, unmatched by most submarine.

 

·        Environment Minister Harshvardhan Launches PetaFlop Super Computer

 

  • Environment Minister Harshvardhan launched a 8 PetaFlop capacityhigh-performance computer system ‘Mihir’ in Noida.
  • The system will be able to predict weather and climate accurately. This will be helpful in addressing the various issues of agriculture operations and fishing in the country.
  • The system will help the department in predicting severe climate-related calamities and warnings for fishermen.
  • With the launch of the system, India has joined the elite 30 member group of countries which have this advanced technology.

06.02.18 Arunachal Pradesh(APPSC) Current Affairs

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NORTH-EASTERN STATES

  • IOC to invest Rs 3,400 crore in Assam to augment operations

 

  • Indian Oil Corporation will invest Rs3,400 crore in Assam over the next five years to expand its operations by setting up new units as well as upgrading the existing ones.
  • The company will sign a Memorandum of Understanding (MoU) with the Assam Government to this effect at the two-day ‘Advantage Assam – Global Investors Summit 2018’, beginning in Guwahati.
  • They are signing an MoU with the state government that will empower us to invest Rs 3,400 crore in Assam over the next five years.
  • This will be for various projects across the state,” Indian Oil Corporation, Executive Director (IndianOil-AOD), Dipankar Ray.

 

 

 

INTERNATIONAL

 

  • Maldives declares state of emergency

 

  • Maldivian President Abdulla Yameen has declared a 15-day state of Emergency, his aide Azima Shukoor announced on state television.

 

  • The move gives sweeping powers to security forces to arrest and detain suspects as Yameen refuses to comply with a Supreme Court order to release political prisoners.

 

  • The latest crisis was triggered when the Maldivian Supreme Court ordered the release of some opposition leaders, including former president Mohammed Nasheed, after overturning their “terrorism” convictions.

 

 

  • Dubai named the world’s busiest International Airport

 

  • Dubai International Airport says it has held on to its No 1 ranking as the world’s busiest airport for ‘international travel’, after seeing some 88.2 million passengers in 2017.

  • Dubai International Airport first surpassed London Heathrow as the world’s busiest airport for international traffic in 2014.

 

  • It has maintained the title ever since, with some 90 airlines flying into skyscraper-studded Dubai.

 

  • The airport is home to the long-haul carrier Emirates.

 

  • Hartsfield-Jackson Atlanta International Airport in Georgia remains the world’s busiest airport overall.

 

 

·        Japan Launches Smallest Rocket Ever To Carry Tiny Satellite into Orbit

 

  • The Japan Aerospace Exploration Agency (JAXA)launched the world’s smallest rocket with the ability to put a tiny satellite into orbit.
  • The rocket lifted off from the Uchinoura Space Center.
  • It carried a microsatellite TRICOM-1R, a three-unit CubeSat weighing about 3 kilograms.
  • This satellite launch was a re-flight of the TRICOM-1 mission, which was lost in SS-520’s failure in 2017.
  • The launch was aimed at testing the ability of JAXA to launch low-cost rockets that can put microsatellites into space at affordable rates.

 

NATIONAL

 

·        India contributes $1 million to UN Development Partnership Fund

 

  • India contributed additional $1 million to India-UN Development Partnership Fund, earmarked for South-South cooperation.
  • The contribution aims to intensify its partnerships with other developing countries in the south.
  • India has pledged a multi-year contribution of $100 million to the fund establishment in June 2017.
  • The fund was set up on 9 June 2017 on occasion of the World Oceans Day as a partnership between India and United Nations Office for South-South Cooperation.

·        International company Singtel to invest 2649 crores in Bharati Telecom

 

  • Singapore Telecommunications (Singtel) spend up to 2643 crores on shares in India’s Bharti Telecom, lifting its stake slightly in the holding company for Bharti Airtel to just under half.
  • India’s telecommunications sector has been hit hard by a price war since the entry of carrier Reliance Jio, the telecoms arm of Reliance Industries Ltd, more than a year ago.
  • The purchase worth as much as 26.5 billion rupees could increase Singtel’s stake in Bharti Telecom by up to 1.7 percentage points to 48.9 percent and its holding in Bharti Airtel, the country’s biggest mobile carrier, by up to 0.9 percentage points to 39.5 percent.
  • The deal will be done via a preferential share allotment.

 

 

  • Maharashtra govt approves new wildlife sanctuary at Ghodazari

 

  • The Maharashtra government has approved Ghodazari in Chandrapur district as a new wildlife sanctuary in the state.

 

  • The decision was taken at the 13th meeting of the Maharashtra State Board for Wildlife, chaired by Chief Minister Devendra Fadnavis.

 

  • The sanctuary, in the North East of Tadoba, will include 159 sq km of Brahmapuri forest.

 

·        India Successfully Test-Fires Nuclear-Capable Agni-I Missile

 

  • India successfully test-fired the indigenously developed short-range nuclear capable Agni-I ballistic missile.
  • The missile was fired from the Abdul Kalam Island off Odisha coast.
  • The test was conducted by the Strategic Force Command of the Indian Army.
  • The range of Missile is 700 km.
  • It was 18th version of Agni-I.

 

 

·        Prime Minister Narendra Modi to go on 4-day visit to Palestine, UAE, Oman on February 9

 

  • Prime Minister Narendra Modiwill have a packed schedule during his four days visit to Palestine, UAE, and Oman from ninth of this month.
  • This will be the first-ever visit by an Indian Prime Minister to Palestine, and Prime Minister Modi’s second visit to UAE and first to Oman.
  • During the visit, the Prime Minister will hold discussions on matters of mutual interest with their leaders, apart from participating in many community events.
  • In Dubai, Prime Minister would be addressing the Sixth World Government Summit being at which India has been extended ‘Guest of Honour’ status. Joint Secretary (Gulf).

 

  • IWAI Signs Project Agreement With World Bank For Jal Marg Vikas Project.

 

 

  • Inland Waterways Authority of India (IWAI)signed a project agreement with the World Bank for Jal Marg Vikas Project on river Ganga.
  • The World Bank entered into a USD 375 million loan agreement with the Department of Economic Affairs, Union Ministry of Finance for Jal Marg Vikas Project (JMVP).
  • Jal Marg Vikas Project, which is expected to be completed by March 2023, is being implemented with the financial and technical support of the World Bank.

 

Planning commission and national development council

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Planning commission and national development council

Planning commission

The Planning Commission was an institution in the Government of India, which formulated India’s Five-Year Plans, among other functions.

Background

Rudimentary economic planning, deriving from the sovereign authority of the state, was first initiated in India in 1938 by Congress President and Indian National Army supreme leader Netaji Subhash Chandra Bose, who had been persuaded by Meghnad Saha to set up a National Planning Committee. M. Visvesvaraya had been elected head of the Planning Committee. Meghnad Saha approached the great engineer and requested him to step down. He argued that planning needed a reciprocity between science and politics. M. Visvesvaraya generously agreed and Jawaharlal Nehru was made head of the National Planning Committee.The so-called “British Raj” also formally established a planning board that functioned from 1944 to 1946. Industrialists and economists independently formulated at least three development plans in 2012. Some scholars have argued that the introduction of planning as an instrument was intended to transcend the ideological divisions between Mahatma Gandhi and Nehru. Other scholars have argued that the Planning Commission, as a central agency in the context of plural democracy in India, needs to carry out more functions than rudimentary economic planning.

After India achieved Independence, a formal model of planning was adopted, and accordingly the Planning Commission, reporting directly to the Prime Minister of India, was established on 15 March 1950, with Prime Minister Jawaharlal Nehru as the Chairman. Authority for creation of the Planning Commission was not derived from the Constitution of India or statute; it is an arm of the Central Government of India.

Composition of commission

The composition of the Commission underwent considerable changes since its initiation. With the Prime Minister as the ex officio Chairman, the committee had a nominated Deputy Chairman, with the rank of a full Cabinet Minister. Cabinet Ministers with certain important portfolios acted as ex officio members of the Commission, while the full-time members were experts in various fields like economics, industry, science and general administration.  Ex officio members of the Commission included the Finance Minister, Agriculture Minister, Home Minister, Health Minister, Chemicals and Fertilisers Minister, Information Technology Minister, Law Minister, Human Resource Development Minister and Minister of State for Planning.

The Commission worked through its various divisions, of which there were two kinds:

  • General Planning Divisions
  • Programme Administration Divisions

Functions

  • To make an assessment of the material, capital and human resources of the country, including technical personal, and investigate the possibilities of augmenting those are related resources which are found to be deficient in relation to the nation’s requirement.
  • To formulate a plan for the most effective and balanced utilisation of country’s resources.
  • To define the stages, on the basis of priority, in which the plan should be carried out and propose the allocation of resources for the due completion of each stage.
  • To indicate the factors that tend to retard economic development.
  • To determine the conditions which need to be established for the successful execution of the plan within the incumbent socio-political situation of the country.
  • To determine the nature of the machinery required for securing the successful implementation of each stage of the plan in all its aspects.
  • To appraise from time to time the progress achieved in the execution of each stage of the plan and also recommend the adjustments of policy and measures which are deemed important vis-a-vis a successful implementation of the plan.
  • To make necessary recommendations from time to time regarding those things which are deemed necessary for facilitating the execution of these functions. Such recommendations can be related to the prevailing economic conditions, current policies, measures or development programmes. They can even be given out in response to some specific problems referred to the commission by the central or the state governments.

In his first Independence Day speech in 2014, Prime Minister Narendra Modi announced his intention to dissolve the Planning Commission. It has since been replaced by a new institution named NITI Aayog.

National development council

The National Development Council (NDC) or the Rashtriya Vikas Parishad is the apex body for decision making and deliberations on development matters in India, presided over by the Prime Minister. It was set up on 6 August 1952 to strengthen and mobilize the effort and resources of the nation in support of the Plan, to promote common economic policies in all vital spheres, and to ensure the balanced and rapid development of all parts of the country. The Council comprises the Prime Minister, the Union Cabinet Ministers, Chief Ministers of all States or their substitutes, representatives of the Union Territories and the members of the NITI Aayog.  It is an extra-constitutional and non-statutory body.

Objectives

  • To secure cooperation of the states in the execution of the plan.
  • To strengthen and mobilize the effort and resources of the nation in support of the Plan.
  • To promote common economic policies in all vital spheres.
  • To ensure the balanced and rapid development of all parts of the country.

Functions

  • To prescribe guidelines for the formulation of the National Plan, including the assessment of resources for the Plan.
  • To consider the National Plan as formulated by the NITI Aayog.
  • To make an assessment of the resources that are required for implementing the Plan and to suggest measures for augmenting them.
  • To consider important questions of social and economic policy affecting national development; and to review the working of the Plan from time to time.
  • To recommend such measures as are necessary for achieving the aims and targets set out in the National Plan.
  • To recommend measures for achievement of the aims and targets set out in the national Plan.

23.01.18 Arunachal Pradesh(APPSC) Current Affairs

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NORTH-EASTERN STATES

 

  • Centre to focus on silk sector in NE

 

  • Union minister of state for textiles Ajay Tamta on Monday said the ministry has accorded high priority to develop the silk sector as a viable option for livelihood in the northeast. The region makes up about 21% of the country’s total silk production.

 

  • Muga, known for its golden colour, is found only in the northeast and Assam owns the geographical indication (GI) tag for muga.

 

  • Nearly 3.1 lakh families in Assam are associated with the silk sector. A 60,000-acre area is involved in silk production and plantations for plants for silkworms.

 

  • In the past few years, the Centre has sanctioned about 24 projects in silk sector worth Rs 809 crore for the northeast. Silk production sector can be one of the most effective poverty alleviation tools. 

     

    INTERNATIONAL

     

    • Malta’s Valletta becomes Europe’s Capital of Culture

     

    • Valletta has been officially inaugurated as the European Capital of Culture.

     

    • Over 140 projects and 400 events have been planned in 2018 around three main themes: Island Stories, Future Baroque and Voyages.

     

    • With about 6,000 inhabitants, Valletta is the smallest capital in the European Union.

     

    • It is located in a fortress and is a UNESCO World Heritage Site.

     

     

    ·        China adds 24 GW in just two months making it biggest producer of solar energy

     

    • Renewable energyuse is increasing day by day almost everywhere.
    • Prime Minister Narendra Modi also weighed on the increase in the use of solar power and also brought ‘Suryaputra’ nations together for better and cleaner future.
    • Solar energy use was noted by China when the country managed to add 10.52 gigawatts (GW) of solar capacity to its national total over the course of July 2017, in addition to the 24.4 GW of capacity that was installed over the first six months of the year.
    • The country is already the biggest producer of solar energy in the world, and that doesn’t seem likely to change anytime soon.
    • In the last two months alone, China has added 24.02 GW of solar capacity.
    • To put that into context, figures from earlier this year put Australia’s total capacity at around 6GW, a figure that’s projected to double by 2020. The US currently has a total capacity of 44.7 GW.
    • Meanwhile, China already cleared its goal of reaching a capacity of 105 GW by the end of 2020.

    ·        Sri Lanka bans import of non-airbag equipped vehicles from July 1

    ð  Sri Lanka restricted the import of the vehicles which do not carry airbags for driver and front seat passenger, Anti-Locking Breaking System standards (ABS) and three-point seat belts for driver and passengers traveling front and rear seats.

    ð  This decision after considering the representations made by motor vehicle importers and manufacturers for a lead time to make required adjustments to comply with the proposed emission standards and safety measures.

    ð  Accordingly, the importation of motor vehicles, which are below emission standards of the Euro IV or its equivalent and not complied with the following safety standards, will totally be prohibited effective from 1st July 2018.

    ·        West Indies to Host 2018 Womens World T20

     

    • The International Cricket Council (ICC)announced the 2018 edition of the Women’s World T20 will be hosted by West Indies in November 2018.
    • Hosts Windies will defend the title they won over Australia in Kolkata in 2016.
    • The three venues were selected by Cricket West Indies through a bidding process and have been ratified by the ICC.
    • The November event in the Caribbean will be the first stand-alone ICC Women’s World Twenty20 after the past five events were played alongside the men’s event.

     

    NATIONAL

     

    ·        India is the 5th Most Attractive Market for Investments: PwC Survey

     

    • India emerged as the fifth most attractive market for investments and the optimism over global economic growth is at a record level, as per the survey of CEOs by global consultancy PwC.
    • The US remains the top spot for global investment. Around 46% of global CEOs consider the US as one of the three most important countries for growth, followed by China (33%) and Germany (20%) at second and third places, respectively. India (9%) bumps Japan (8%) as the fifth most attractive market in 2018.

     

    • Centre bans import of pet coke for trading purpose in Delhi and NCR

     

    • As part of measures to control air pollution, the Union environment ministry has banned import of pet coke for purpose of trading in Delhi and its neighbouring states.
    • It has notified do’s and don’ts for its sale and use in cement plants and other end user industrial units, including refineries.

     

    • The ministry listed 13 points to regulate use of pet coke which is one of the key sources of air pollution in the region.

     

    • The notification was issued in compliance with the 2017 Supreme Court order

     

    Gk bit- Pet coke

     

    • Petroleum coke, or petcoke, is a byproduct from the refining of crude oil. It consists mostly of carbon, with variable amounts of sulfurs and heavy metals. It has many industrial uses, including the production of batteries, steel, and aluminum. Lower grade petcoke, which contains higher concentrations of sulfur, is used as fuel in coal-fired power plants and cement kilns. Lower grade coal is estimated to represent 75% to 80% of all petcoke produced.

    • The increased demand for coal to replace petcoke, which will largely have to be met by imports, coincides with increasing coal consumption in India for power generation.

     

    • India is the world’s second-biggest buyer of foreign coal even though imports have held steady in the last two years because of rising local output.

     

    • RIL becomes India’s first firm to cross Rs 6-lakh crore market cap

     

    • Reliance Industries (RIL) become the first Indian company to cross the Rs 6-lakh crore mark in market capitalisation as its shares touched a 52-week high of Rs 974.5.

     

    • RIL is owned 40% by its chairman Mukesh Ambani, making him the richest Indian with personal wealth of $40.7 billion and the 20th richest globally.

     

    • India’s largest software exporter, Tata Consultancy Services follows RIL with market capitalisation of Rs 5,95,946 crore.

     

    • HDFC Bank become the first bank to cross market capitalisation of Rs 5 lakh crore recently.

     

    ·        Union Government Announces List of 9 New Smart Cities

     

    • Union Housing and Urban Affairs Minister Hardeep Singh Puri announced the list of nine new Smart Cities, which have emerged winners in Round 4.
    • These nine cities are, Silvassa in Dadra and Nagar Haveli, Erode in Tamil Nadu, Diu in Daman and Diu, Bihar Sharif in Bihar, Bareilly in Uttar Pradesh, Itanagar in Arunachal Pradesh, Moradabad in Uttar Pradesh, Saharanpur in Uttar Pradesh and Kavaratti in Lakshadweep.