Current Affairs Current Affairs October 2018

 A four-day Indian International Science Festival (IISF) 2018 will start in Lucknow, Uttar Pradesh. President Ramnath Kovind will formally inaugurate the festival. IISF-2018 with its focal theme “Science for Transformation” will have 23 special events. Union Science and Technology Minister Dr Harsh Vardhan announced that about ten thousand scientists and experts, including science teachers and students, will participate in the event. The IISF is being organised in the state for the first time. 
Source- DD News

  Alphonso Mango from Ratnagiri, Sindhudurg and other adjoining areas in Maharashtra,finally gets a Geographical Indication (GI) Tag. A Geographical Indication or a GI is a sign used on products that have a specific geographical origin and possess qualities or a reputation that are due to that origin. Darjeeling Tea, Mahabaleshwar Strawberry, Blue Pottery of Jaipur, Banarasi Sarees and Tirupati Laddus are some of the GIs. The king of mangoes, Alphonso, better known as ‘Hapus’ in Maharashtra, is in demand in domestic and international markets not only for its taste but also for pleasant fragrance and vibrant colour. 
Source- Press Information Bureau (PIB)

 Russian President Vladimir Putin reached New Delhi on a two-day visit to India. He will attend the 19th India-Russia Annual Bilateral Summit in New Delhi. During the visit, President Putin will hold delegation level talks with Prime Minister Narendra Modi.  The Russian President will also address the India-Russia Business Summit and will interact with a group of talented children. The last annual summit was held on June 1st last year, during the visit of Prime Minister Modi to Russia. 
Source- New On AIR

 The Union Cabinet chaired by Prime Minister Narendra Modi has given the following set of approvals. The important Cabinet Approvals are given as follows-
  • The Cabinet has approved- 
  •  Redevelopment of Railway Stations by IRSDC as Nodal Agency, through simplified procedures and longer lease tenure.
  •  MoU between India and Russia on Bilateral Cooperation in the Road Transport and Road Industry
  •  MoU between India and Russia on cooperation in the field of Micro, Small and Medium Enterprises.
  •  Second Protocol amending the Comprehensive Economic Cooperation Agreement (CECA) between India and Singapore.
  •  Establishment of National Institute of Mental Health Rehabilitation in Sehore District instead of Bhopal.
  •  Enhanced Minimum Support Prices (MSP) for Rabi Crops of 2018-19 Season to be marketed in 2019-20 Season. 

  •  Asian Development Bank (ADB) and the Government of India signed a $150 million Loan Agreement in New Delhi to establish a Global Skills Park (GSP) in Madhya Pradesh, the First Multi-Skills Park in India, to enhance the quality of Technical and Vocational Education And Training (TVET) System in the State and create a more skilled workforce. This Project will help improve the quality and relevance of the State’s TVET programs and will help impart advanced job-ready skills training of international standards that can meet the employment needs of the State’s emerging sectors.
    Source- Press Information Bureau (PIB)

     Chanda Kochhar has quit as CEO of ICICI Bank with immediate effect. The private lender has appointed Sandeep Bakhshi as managing director and chief executive officer for five years, subject to regulatory approval. In June, a panel was set up under retired Supreme Court judge Justice Srikrishna to probe allegations against Chanda Kochhar. 
    Source- The Livemint

     Prime Minister Narendra Modi gave awards to top Ranked State, District and State with maximum citizen participation based on the National Swachh Survekshan Grameen 2018 commissioned by Ministry of Drinking Water and Sanitation.  The awards by Prime Minister were given at the concluding session of Mahatma Gandhi International Sanitation Convention at Rahtrapati Bhawan Cultural Centre in New Delhi. Haryana was ranked as the best State while Satara District of Maharashtra was ranked as the best district as per the ranking undertaken by Swachh Survekshan Grameen 2018. 
    Overall Ranking: 
    (A) Top 3 States-
  • 1. Haryana, 
  • 2. Gujarat, 
  • 3. Maharashtra. 
  • (B) Top 3 Districts- 
  • 1. Satara, Maharashtra, 
  • 2. Rewari, Haryana, 
  • 3. Pedapalli, Telangana.
  • (C) States with maximum citizen participation- 
  • 1. Uttar Pradesh, 
  • 2. Gujarat, 
  • 3. Maharashtra. 
  • (D) Districts with maximum citizens’ participation- 
  • 1. Nashik, Maharashtra, 
  • 2. Solapur, Maharashtra, 
  • 3. Chittorgarh, Rajasthan.
  • Source- Press Information Bureau (PIB)

     The Bureau of Police Research and Development (BPR&D), Ministry of Home Affairs is organising the First ever Regional Conference at Shimla on ‘Women in Detention and Access to Justice’ in collaboration with the Prison Department, Himachal Pradesh on October 4-5, 2018.  The Conference will be inaugurated by Shri Acharya Devvrat, the  Governor of Himachal Pradesh. Expected Outcome of the Conference will be to help in ensuring better implementation of Prison Reform and Rehabilitation Program in order to improve the conditions of Women Inmates and their Access to Justice.
    Source- Press Information Bureau

     The Reserve Bank of India (RBI) has allowed state-owned oil companies to borrow long-term working capital from overseas. RBI relaxed the policy on borrowing up to 10 billion US dollar from the overseas by the state-owned fuel retailers. Till now oil marketing companies including Indian Oil Corp, Bharat Petroleum Corp Ltd and Hindustan Petroleum Corp Ltd, were not allowed to raise External Commercial Borrowing (ECB) for working capital needs on a long-term basis. Now, the RBI has allowed them to raise ECB of minimum maturity of 3 or 5 years. 
    Source- News on AIR

     World Animal Day is celebrated at various parts of the world on 4th October to raise the status of animals in order to improve welfare standards around the globe. World Animal Day was originated by Heinrich Zimmermann. He organized the first World Animal Day on 24 March 1925 at the Sports Palace in Berlin, Germany.
    Source- DD News


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