Saturday, March 11, 2017

CURRENT AFFAIRS: ( MARCH: 05,06 & 07 (2017))




ASSAM MAKES SANSKRIT COMPULSORY SUBJECT UPTO CLASS 8:

·         The Assam government led by Sarbananda Sonowal decided to make Sanskrit along with computer education, a permanent subject in the state schools.
·         Teachers will also be appointed for this purpose.
·         To increase computer literacy, the government has taken a cabinet decision yesterday that all schools will have computer education and Sanskrit as permanent subjects.
·         Teachers will be appointed in high schools under Swachh Bharat Mission and they will be made responsible in maintaining cleanliness in schools in Assam state.

MAMATA BANERJEE GRANTS OFFICIAL STATUS TO TWO TRIBAL LANGUAGES:

·         Chief Minister Mamata Banerjee granted official status to the Kurukh language spoken by Oraon and Kisan tribes, and the Rajbanshi-Kamtapuri language spoken by the Koch Rajbanshi community, to mark International Mother Language Day
·         The Oraon tribe in West Bengal speaks Kurukh, which was declared an endangered language by UNESCO, and there is no written script for Rajbanshi-Kamtapuri.
·         From now on, these two languages will be officially recognised the state government has set up a committee, headed by Indologist Nrisingha Prasad Bhaduri, which would help create a written form for Rajbanshi-Kamtapuri.

TIRUPATHI AIRPORT AND VIJAYAWADA AIRPORT RENAMED BY THE ANDHRA PRADESH GOVERNMENT:

·         During the Andhra Pradesh State Cabinet Meeting held in Amaravathi by Mr. N ChandraBabu Naidu, the Chief Minister of Andhra Pradesh approved the proposal to change the names of Vijayawada Airport and Tirupathi Airport.
·         The state govt will send this proposal to the Union government for final approval.

·         Vijayawada Gannavaram Airport as Nandamuri Taraka Rama Rao (NTR) Amaravati Airport.
·         Tirupathi Airport as Sri Venkateswara Airport.

FACEBOOK LAUNCHES SHELEADSTECH

·         Social networking site Facebook on Wednesday launched a new initiative, SheLeadsTech, to support women-founded or co-founded startups.
·         It will also be expanding its SheMeansBusiness program that supports women-led small businesses.
·         SheLeadsTech will give women-founded or co-founded start-ups access to a year-long program that provides tools, mentorship and resources.

TIRTHA DARSHAN SCHEME ANNOUNCED BY HARYANA GOVT:

·         A Tirtha Darshan scheme, under which senior citizens of the state will be able to go on pilgrimage within the country on government expenses, was announced in the Haryana Assembly.
·         Under the scheme, the government would bear the entire cost of the tour of senior citizens belonging to the Below Poverty Line (BPL) families.
·         The scheme is reserved for domiciles of Haryana
·         In case of a couple, the expenses of the spouse belonging to BPL family would also be borne by the government.
·         They would also be able to take along an assistant.
·         Senior citizens of non-BPL families, the government would bear only 70 per cent of the cost.
·         The senior citizens would be selected for the pilgrimage on the basis of draw of lots.
·         There are more than 400 destinations which can be visited under the scheme.

SRI LANKA WINS 'MOST POPULAR TOURISM DESTINATION AWARD':

·         Sri Lanka won the "Most Popular Tourism Destination Award" at the Guangzhou International Travel Fair (GITF) in China.
·         The island nation won the prestigious award for the second consecutive year.


RIHANNA NAMED HUMANITARIAN OF YEAR:

·         The popular singer Rihanna has been named the 2017 Harvard University Humanitarian of the Year, and will come to campus to accept the Peter J. Gomes Humanitarian Award at a ceremony.
·         Rihanna has charitably built a state-of- the-art center for oncology and nuclear medicine to diagnose and treat breast cancer at the Queen Elizabeth Hospital in Bridgetown, Barbados.

DHARAMSHALA IS SECOND CAPITAL OF HIMACHAL PRADESH

·         Himachal Pradesh state cabinet on Thursday approved Dharamsala, situated in the snow-capped Dhauladhar range, as the second capital of the hill state
·         On January 19, HP CM Virbhadra Singh had proposed Dharamsala as state's winter capital.
·         Dharamsala lies in Kangra district, some 250km from the state capital Shimla.

SERB FELLOWSHIP AWARD TO LALJI SINGH:

·         Lalji Singh, former Director,the center for cellular and Molecular Biology (CCMB) has been selected for the award of SERB Fellowship.
·         It is given by the science and Engineering Research Board (SERB) which is a statutory body of the Government of India.
·         The Award supports research of scientists who are active and performing even after superannuation.

WORLD’S OLDEST FOSSILS DISCOVERED IN QUEBEC, CANADA:

·         Scientists have claimed that they have discovered oldest fossils on Earth in rocks from Quebec, Canada.
·         Carbon dating techniques suggest that these rocks are at least 3.8 billion years old and might even be 4.3 billion years old.
·         The fossils are tiny and consist of tubes and filaments up to half a millimetre in length and around half the width of a human hair.
·         The fossils are thought to be the remains of bacteria that lived on iron and dwelt around hydrothermal vent systems i.e. mineral rich hot springs on the seafloor.
·         They’re made of haematite, a type of iron oxide (known as rust). Some of the filaments are branched, some resemble loose coils and others appear to be joined to knobs of haematite.
·         These structures were found to contain graphite as well as the minerals apatite and carbonate which are basically associated with biological matter.

GOVERNMENT LAUNCHES FIRST EVER ACROSS-THE-RIVER SURVEY TO FIGURE OUT AQUATIC LIFE:

·         The Union Government has launched the first ever across-the-river survey in River Ganga to determine the population of aquatic life, including that of the endangered Gangetic doplhin.
·         The survey will create a baseline scientific data for the government to take suitable measures to improve quality of the Ganga’s water.
·         The first of its kind survey is being conducted by National Mission for Clean Ganga (NMCG) through Wildlife Institute of India (WII) under Namami Gange programme.
·         The first leg of the census was launched on March 1, 2017 from Narora in Uttar Pradesh to Bijnor (covering nearly 165 km distance) to establish the number of the Gangetic dolphin, national aquatic animal.
·         In next phase it will be launched in the Allahabad to Varanasi stretch (close to 250 km in length) in Uttar Pradesh.
·         It will find out stretches where dolphin is habitating, what are the conditions there and the level of threat the long-snouted species is facing in a particular belt.
·         The study to figure out fish species composition in the in the 2525 km-long stretch of River Ganga also been started from Harshil in Uttarakhand.
·         Besides populace count, it will help know distribution pattern of aquatic life in river, extent of threat level faced by them and their habitat conditions.
·         It will also ascertain number of ghariyals and turtles.



‘BHAGORIA’ FESTIVAL BEGINS IN MADHYA PRADESH:

·         Bhagoria, a Tribal Festival is popularly known as Bhagoria Haat Festival.
·         The local Tribals Bhils and Bhilalas living in Jhabua of Madhya Pradesh state celebrate this Bhagoria festival before Holi in the month of March marking the completion of harvesting.

ECOLOGICALLY SENSITIVE AREA – WESTERN GHATS:

·         After several surveys finally, the government gave a declaration that 56,825 square km area in the Western Ghats as an Ecologically Sensitive Area in short which is called as ESA.
·         The Western Ghats is a range of mountains that parallelly runs to the western coast of the Indian peninsula, located in India.

A NEW TRADE ROUTE BETWEEN CENTRAL AND SOUTHERN ASIA – JAMMU & KASHMIR:

·         The Chief Minister of Jammu and Kashmir, Mehbooba Mufti Sayeed proposed a new trade route between the Central Asia and Southern Asia.
·         The link between the 2 regions will negate the regional conflicts.

ISGAN(INTERNATIONAL SMART GRID ACTION NETWORK):

·         The Ministry of Power, Government of India is hosting the 13th Executive Committee (ExCo) Meeting of the International Smart Grid Action Network (ISGAN) at POWERGRID Corporate Center, Gurugram.

·         This is the first ever Executive Committee Meeting of ISGAN being held in India and would have multiple sessions on 6th, 7th and 9th March, 2017.


·         Smart Grid implementation in India would get a boost from deliverables obtained through decisions and actions taken in 13th ISGAN ExCo Meeting as it aims to improve the understanding of smart grid technologies, practices and promote adoption of related enabling government policies.
·         The dynamic knowledge sharing, technical assistance and project coordination and periodic ISGAN reports on progress and projects being undertaken in the field of Smart Grids across the world would also be helpful in suitable deployment of Smart Grid technologies in India.
·         A total of 36 representatives from 18 countries namely Austria, Belgium, Canada, France, Germany, India, Italy, Japan, Korea, Norway, Russia, South Africa, Singapore, Spain, Sweden, Switzerland, US and UAE are participating in this event.
 INTERNATIONAL SMART GRID ACTION NETWORK:

·         It is an agreement under International Energy Agency (IEA) and consists of representatives from 25 countries across the globe.
·         India is one of the founding Member of ISGAN and Joint Secretary (Distribution), Ministry of Power, is the member representative of India.
·         ISGAN creates a mechanism for multilateral government-to-government collaboration to advance the development and deployment of smarter electric grid technologies, practices and systems.


IBBI RECOGNIZES TWO IPES:

·         The Insolvency and Bankruptcy Board of India (IBBI) has recently recognised two Insolvency Professional Entities (IPEs).



·         A limited liability partnership, a registered partnership firm or a company may be recognised by the IBBI as an IPE if
·         A majority of the partners of the limited liability partnership or registered partnership firm are registered as insolvency professionals (IPs); or
·         A majority of the whole-time directors of the company are registered as insolvency professionals, as the case may be.
·         An IPE is jointly and severally liable for all acts or omissions of its partners or directors as IPs committed during such partnership or directorship.

WHAT ARE INSOLVENCY PROFESSIONALS?

·         The Insolvency Professionals (IPs) are registered and regulated by the IBBI.
·         They have a critical role in transactions under the Insolvency and Bankruptcy Code, 2016 (Code).
·         The Code and regulations made there under provide for strengthening their capacity on a continuous basis.

ABOUT INSOLVENCY AND BANKRUPTCY CODE, 2016

·         The Insolvency and Bankruptcy Code, 2016 is considered as the biggest economic reform next only to GST.
·         It offers a market determined, time bound mechanism for orderly resolution of insolvency, wherever possible, and orderly exit, wherever required.
·         The Code envisages an ecosystem comprising National Company Law Appellate Tribunal (NCLAT), National Company Law Tribunal (NCLT), Debt Recovery Appellate Tribunal (DRAT), Debt Recovery Tribunal (DRT), Insolvency and Bankruptcy Board of India (Board), Information Utilities (IUs), Insolvency Professionals (IPs), Insolvency Professional Agencies (IPAs) and Insolvency Professional Entities (IPEs) for implementation of the Code.
·         With concerted efforts of all concerned, there has been considerable progress in terms of putting in place some of the key elements of the ecosystem and also operationalisation of provisions relating to corporate insolvency resolution and liquidation.
·         The debtors and creditors alike have commenced transactions under the Code.

INDO-OMAN JOINT ARMY EXERCISE :
·         Second edition of the joint exercise between the Indian and Oman Armies commenced today with the Opening Ceremony at Bakloh, Himachal Pradesh.

 AL NAGAH-LI EXERCISE

·         The training contingents comprised of platoon strength from both the Armies, which will be validated over 2-3 days by senior military observers of both the countries.
·         The previous edition of the Exercise was held at Muscat, Oman in 2015.
·         The aim of this exercise is to acquaint both forces with each other’s operating procedures, improve the interoperability in conducting joint operations in the backdrop of counter insurgency/ counter terrorism environment as also to enhance the existing military relationship between the Indian Army and the Royal Army of Oman.

GOVERNMENT’S BIOTECH INNOVATION CENTRE TO BE SET UP IN BENGALURU’S C-CAMP

·         The Biotechnology Industry Research Assistance Council will house its regional entrepreneurship centre at Bengaluru ­based Centre for Cellular and Molecular Platforms a biotechnology innovation incubator.
·         The government’s nodal funding agency for the biotech industry BIRAC regional centre aimed to increase portfolio through partnerships with startups and entrepreneurs.
·         The centre will provide a direct interface between angel investors and early­stage VCs, among other things.

FACEBOOK LAUNCHES ‘SHELEADSTECH’ TO SUPPORT WOMEN FOUNDED STARTUPS IN INDIA:

·         Social networking giant Facebook has launched a new initiative named SheLeadsTech to support startups which are founded or co-founded by women population.
·         The Objective of the program is to encourage more women founders who wish to have their own startup or business.
·         The year long program will give the startups access to “FBStart” which will provide tools, resources and mentorship to help overcome some of the barriers they face.
·         Facebook will also be expanding its SheMeansBusiness program that supports women-led small businesses.

TRIBAL FESTIVAL ‘BHAGORIA’ BEGINS IN JHABUA:

·         Bhagoria Festival, also known as Bhagoria Haat Festival, celebrated by the tribal people of the Indian state Madhya Pradesh in Jhabua district.
·         The festival which has been organized at 34 places in the state is celebrated in the month of March before the Holi Festival by the local tribes called Bhils and Bhilalas.
·         The week-long festival is organised at different Bhagoria haats in the form of Svayamvara or Marriage Ceremony located in Jhabua, Dhar, Alirajpur, Barwani and Khargone districts in western Madhya Pradesh.

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