Current Affairs Current Affairs May 2018

 Every year, `National Technology Day' is celebrated across India on May 11 to memorize the anniversary of Shakti, the Pokhran nuclear test held on 11 May 1998. The day glorifies the importance of science in day to day life and motivates students to adopt science as the career option. The National Technology Day 2018 theme is “Science and Technology for a Sustainable Future”. The first nuclear test Pokhran with a code named as ‘Smiling Buddha’ was carried out in May, 1974. Pokran II or Operation Shakti was initiated on 11th of May, 1998 with the detonation of two fission bombs and one fusion bomb. Two additional fission bombs were detonated on 13th of May, 1998 and the Government of India run by Atal Bihari Vajpayee, the then Prime Minister shortly convened a press conference for the declaration of India as a full-fledged nuclear state.  
Source- NDTV News

 Arunachal Pradesh Chief Minister Pema Khandu inaugurated the state’s biggest solar power plant at Energy Awareness Park in the presence of Power Minister Tamiyo Taga in Itanagar. The plant, with a capacity of 1 MW, was commissioned on April 1 at an estimated investment of Rs 8.50 crore. The officials of Arunachal Pradesh Energy Development Agency (APEDA) successfully implemented the project.
Source- The Indian Express

  Telecom regulator Telecom Regulatory Authority of India (TRAI) issued a draft to amend interconnect regulations, proposing certain changes in terms and conditions for operators to seek fresh call connect ports from other telcos. The 'draft Telecommunication Interconnection (Amendment) Regulations 2018' proposed that a service provider can ask another operator for additional ports, in case the projected utilisation of the capacity is likely to exceed 85% over 60 day period.
  • Manoj Sinha is the Minister of State (I/C) of the Ministry of Communications.
  • Rajyavardhan Singh Rathore is the Minister of State in the Ministry of Information and Broadcasting.
Source- NDTV News
 

  External Affairs Minister (EAM) Sushma Swaraj left on a two-day visit to Myanmar. The visit is part of ongoing high-level interaction between the governments of India and Myanmar. During her visit, Swaraj will hold discussions with the Myanmar leadership on bilateral, regional and multilateral issues of mutual interest to both countries. 
Source- ANI News

  The leaders of China, Japan and South Korea met in Tokyo against the backdrop of historic diplomatic moves by North Korea and a push for the isolated country to give up its nuclear weapons. Japanese Prime Minister Shinzo Abe, Chinese Premier Li Keqiang and South Korean President Moon Jae-in held talks in the first three-way summit in two-and-a-half years. The leaders also discussed cooperation on economic issues.
Source- AIR World Service

  India and Panama have signed 2 agreements on the exemption of Visas for holders of Diplomatic and Official Passports and in the field of Agriculture. These agreements were signed during the second leg of  Vice President M Venkaiah Naidu. These ties are based on common values and a shared commitment to democracy, pluralism, and multi-culturalism of both the countries. 2 centres for Biodiversity and Innovation will be setup by India in Panama worth US $10 mn and US $15 mn each.
Source- AIR World Service

  The 15th Finance Commission has constituted an advisory council to advise and assist the commission. The six-member council will be headed by the President of Forum for Strategic Initiatives, Arvind Virmani. The role and functions of the council will be to advise the commission on any issue or subject related to the Terms of Reference (ToR) of the Commission. Besides, the council will also assist the commission in the preparation of any paper or research study which will enhance the Commission’s understanding on the issues containing in its ToR. 

  Union Minister of Electronics and Information Technology Ravi Shankar Prasad launched the website of Digital India Internship Scheme in New Delhi. Under this scheme, 25 interns will be inducted for a period of three months. These interns will be paid a stipend of 10 thousand rupees per month. The internship is an opportunity for a student to secure first hand and practical work experience under the guidance of qualified and experienced Supervisor and Mentor. 
Source- DD News

  The 15th Asia Media Summit (AMS) has begun in New Delhi. Minister for Information and Broadcasting, Smriti Irani inaugurated the summit. The theme of the Summit is 'Telling our Stories - Asia and More'. Representatives from 40 countries are participating in the Summit. The AMS 2018, an annual summit of the Asia-Pacific Institute for Broadcasting Development (AIBD) Kuala Lumpur, is a prestigious summit in the Asia Pacific Region and India is hosting the event for the first time. The Summit is aimed at encouraging regional and bilateral dialogue and cooperation to respond to challenges to the broadcasting sector in the region. It would provide a unique opportunity for broadcasters in the Asian region to share their thoughts on software and hardware aspects of Broadcasting.
Source- DD News

 India was ranked 6th on Global Optimism Index released as part of Grant Thornton’s International Business Report (IBR) in the first quarter of 2018. The report was prepared based on the results of a survey of 2,500 businesses in 37 economies. India had topped the chart for four years. The top five nations in the report are Austria, Finland, Indonesia, the Netherlands and the US.
Source- Business Standard


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