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30th August 2018 Current Affairs

  1. Cabinet approves Umbrella scheme O-SMART of Ministry of Earth Sciences

The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Shri Narendra Modi has given its approval for the umbrella scheme “Ocean Services, Technology, Observations, Resources Modelling and Science (O-SMART)”, for implementation during the period from 2017-18 to 2019-20 at an overall cost of Rs.1623 crore.

  • The scheme encompasses a total of 16 sub-projects addressing ocean development activities such as Services, Technology, Resources, Observations and Science.
  • The services rendered under the O-SMART will provide economic benefits to a number of user communities in the coastal and ocean sectors, namely, fisheries, offshore industry, coastal states, Defence, Shipping, Ports etc.
  • Currently, five lakhs fishermen community are receiving this information daily through mobile which includes allocation of fish potential and local weather conditions in the coastal waters.  This will help in reducing the search time for fishermen resulting savings in the fuel cost.
  1. NHAI Closes Its First Toll-Operate-Transfer Project

National Highways Authority of India did a financial closure of its first Toll-Operate-Transfer project with the India chief of Macquarie handing over a cheque for Rs 9,681.5 crore to Shri Nitin Gadkari, Minister of Road Transport & Highways, Shipping, Water Resources, River Development & Ganga Rejuvenation at an event in New Delhi.

  • This closure is the first for an asset recycling initiative by any government in India.
  • NHAI has also called bids for second bundle of T-O-T for 586.55 km in Gujarat, Rajasthan, West Bengal and Bihar.
  1. INS Teg Lends Assistance to MV Vela in the Gulf of Aden

On 25 Aug 18, whilst patrolling in the piracy infested waters of Gulf of Aden, INS Teg, a warship of the Western Naval Command, received a call from a Combined Task Force aircraft for providing assistance to MV Vela, a Norwegian owned ship with an all Indian crew.

  • INS Teg quickly dispatched a specialist team to carry out an assessment of the situation and provided assistance for recovery of the anchor and cable.
  • Concerted efforts over three days finally resulted in the successful recovery of the anchor along with the entire 330 m of cable.
  1. Union HRD Minister launches the 3rd edition of ‘Smart India Hackathon- 2019’

The third edition of World’s Biggest Open Innovation Model – Smart India Hackathon 2019 was launched by the Union Minister for Human Resource Development, Shri Prakash Javadekar in New Delhi.

  • MHRD, AICTE, Persistent Systems and i4c have joined hands to make a hat trick with their highly popular and innovative Smart India Hackathon initiative (SIH).
  • SIH-2019 is a nationwide initiative to provide students a platform to solve some of pressing problems we face in our daily lives, and thus inculcate a culture of product innovation and a mindset of problem solving.
  • Speaking on the occasion, the Minister said that in this new edition of SIH-2019 over 1 Lakh+ students from around 3000 institutions will have the opportunity to work on challenges faced within the Public Sector Organizations and the Union Ministries.
  • And for the 1st time, it will also include problem statements from industry as well as NGOs.
  1. AFSPA extended for 6 months in Assam

The Assam government has extended application of the controversial Armed Forces (Special Powers) Act, 1958 (AFSPA) in the state for six more months with immediate effect.

  • The Act gives special rights and immunity to security forces in carrying out various operations in “disturbed” areas.
  • “As per powers conferred under Section 3 of the Armed Forces (Special Powers) Act, 1958, the Governor of Assam has declared the entire State of Assam as ‘Disturbed Area’ upto 6 months.
  1. Chandrayaan-2 to be launched in Jan 2019

Chandrayaan-2, ISRO’s “most complex mission”, is scheduled to be launched in January next year after experts suggested changes to avert failure, its chief K Sivan said.

  • He said the project was reviewed by eminent experts who suggested some changes in entering the orbit and in landing the rover.
  • The window period to launch the mission starts on January 3, 2019 and ends on February 16, 2019.
  1. Cabinet approves additional funding of Rs 635 crore for IPPB

 

The Union Cabinet has approved additional funding of Rs 635 crore for India Post Payments Bank (IPPB), which is set to be launched on September 1 to provide financial services to those living in rural areas.

  • It will take the total outlay for IPPB to Rs 1,435 crore.
  • The bank, which is fully owned by the government, will provide savings and current accounts, remittances, money transfers, bill and utility payments and enterprise and merchant payments.
  1. South Indian actor-politician Harikrishna dies in car crash

Actor-politician Nandamuri Harikrishna, son of Telugu cinema giant and thrice chief minister of undivided Andhra Pradesh N T Ramarao, died in a car crash in Telengana’s Nalgonda district. He was 62.

  • He was elected to the Rajya Sabha from undivided Andhra Pradesh in 2008 but resigned in 2013 to protest the state’s bifurcation and creation of Telangana.
  1. RK Singh releases book on “Weather Information Portal for Indian Power System”

Shri R K Singh, Minister of State (IC) for Power and New & Renewable Energy visited Power System Operation Corporation limited (POSOCO), and released a book on “Weather Information Portal for Indian Power System”.

  • This reference document has been developed by POSOCO in collaboration with IMD to facilitate enhanced utilization of Weather Portal in all spheres of Power Sector.

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