Current Affairs Current Affairs July 2018

 Gujarat Government’s Industries and Mines Department has signed Memorandum of Understanding (MoU) with Korea Trade-Investment Promotion Agency (KOTRA) to strengthen trade, industrial relations. KOTRA is national trade and investment promotion organisation operated by South Korea Government.
  • Key Facts
The MoU was signed with aim to recognize mutual desire to further enhance and strengthen India (Gujarat) and South Korea trade and industrial investment relations and encourage ongoing dialogue and cooperation. Under this MoU, both Industries Department of Gujarat and KOTRA will assist each other to provide in-market support. The priority sectors in focus under this MoU are chemical, petrochemical and pharmaceuticals; new and renewable energy; start-up ecosystem; textiles and apparels; urban infrastructure; Food Processing and Agro related industries; Skill Training and Development; Automobile, etc.
  • Background
Gujarat is a leading destination for foreign investment and bilateral trade. It is a key contributor to India-South Korea economic relationship. Gujarat’s export to South Korea was around $1 Billion in 2017-18, which is approximately 25% of India’s total export to South Korea. In recent past, South Korean companies in the field of manufacturing, textiles and chemicals have also expressed interest in investing in Gujarat.

World Population Day was established by the then-governing Council of the United Nations Development Programme in 1989. The theme of WPD 2018 is 'Family Planning is a Human Right'. This day seeks to focus attention on the urgency and importance of population issues.  This year marks the 50th anniversary of the 1968 International Conference on Human Rights, where family planning was, for the first time, globally affirmed to be a human right. 
Source- The United Nations

 India has become the world's sixth-biggest economy, pushing France into seventh place, according to updated World Bank figures for 2017. India's gross domestic product (GDP) amounted to $2.597 trillion at the end of 2017, against $2.582 trillion for France.
The world's top 3 economies are:
  •  The United States, 
  •  China, 
  •  Japan. 
  • Source- The Economic Times

     For the second year in a row, Andhra Pradesh has been ranked as the easiest Indian state to do business in, according to a survey. The Chandrababu Naidu-led state took the pole position in the rankings for Ease of Doing Business that was released by the Department of Industrial Policy and Promotion and Ministry of Commerce and Industry in Delhi. Telangana came second followed by Haryana, Jharkhand and Gujarat. The north-eastern state of Meghalaya was ranked lowest at 36th. 
    Ease Of Doing Business Rankings: 
    Sl.No. STATE SCORE
    1. Andhra Pradesh 98.4
    2. Telangana 98.3
    3. Haryana 98.1
    4. Jharkhand 98.0
    5. Gujarat 98.0
        Source- The Livemint

     The Global Innovation Index (GII) has ranked India as the 57th most innovative nation in the world. The country has improved its ranking from 60th position in 2017. India has been improving steadily since it was ranked 81st in 2015. Meanwhile, China improved its ranking from 22 in 2017 to 17 this year.  The GII is being developed jointly by Cornell University, the Paris-based business school Insead and the World Intellectual Property Organisation (WIPO) in Geneva. GII ranks 126 economies based on 80 indicators.
    The Top 3 Countries in Global Innovation Index are: 
  •  Switzerland, 
  •  The Netherlands, 
  •  Sweden. 
  • Source- The Economic Times 

     India’s first private sector unit for manufacturing Unmanned Air Vehicles (UAV) and light bullet proof vehicles (LBPV) will be set up by DCM Shriram Industries Group on the campus of Shriram Rayons in Kota, Rajasthan. The new defence unit of Shriram Rayons in Kota is being set up under ‘Make in India’ initiative of the union government. 
    Source- The Hindustan Times

     The Ministry of Statistics & Programme Implementation (MoSPI) has organised a two-day International Round Table Conference on 'Data for New India' in New Delhi. The objective of the Round Table Conference was to identify innovative ideas for improving the statistical system in India, taking cue from the best practices followed in advanced countries like Canada, UK and Australia. Such a Conference was organized in India for the first time. The Conference was inaugurated by D.V. Sadananda Gowda, Union Minister of Statistics & Programme Implementation.
    Source- Press Information Bureau (PIB)

     The telecom ministry approved the merger of Vodafone India and Idea Cellular Ltd. that will create thecountry’s largest mobile services operator. The Department of Telecom has cleared the Vodafone-Idea merger, but both companies will have to meet conditions for final approval. The department has asked Idea Cellular to pay Rs 3,926 crore in cash for Vodafone spectrum and furnish a bank guarantee of Rs 3,342 crore. The combined operations of Idea and Vodafone will create the country’s largest telecom operator worth over $23 billion (or over Rs 1.5 lakh crore). Vodafone will own 45.1% stake in the combined entity, while Kumar Mangalam Birla-led Aditya Birla Group and Idea shareholders would have 26% and 28.9%, respectively.
    Source- The Bloomberg

     India and South Korea have signed five MoUs in the field of Science and Technology in New Delhi. Science and Technology Minister, Dr Harsh Vardhan and his South Korean counterpart You Young Min signed three MoUs which are Programme of Cooperation 2018-21, Establishment of Future Strategy Group and Cooperation in Bio-technology and Bio-economy.  Two other MoUs were signed between Council of Scientific and  Industrial Research and South Korean National Research Council for Science and  Technology and IIT Mumbai and Korea Institute of Science and Technology, to further accelerate future-oriented cooperation. 
    Source- AIR World Service

     The central government think tank NITI Aayog has unveiled the blueprint of 'National Health Stack' (NHS), a shared digital healthcare infrastructure. The blueprint is in line with the implementation of the Centre’s flagship scheme Ayushman Bharat and other public healthcare programmes in the country. According to a consultation paper titled ‘National Health Stack Strategy an Approach’, the National Health Stack will facilitate the collection of comprehensive healthcare data across the country. This will allow policymakers to further build their projections around upcoming outcomes, experiment with new services as well as fill the existing gaps in the Indian healthcare industry among others.
    Other Key Benefits Of NHS:
    • -allow states to incorporate horizontal and vertical expansion of scheme,
    • -avoid duplication of efforts,
    • -enable ease of adoption for those without systems or with dysfunctional systems in place,
    • -continue using their own state system while integrating with Rashtriya Swasthya Suraksha Mission (RSSM)via Application Programming Interface (APIs).
    Source- inc42.com


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