Today Current Affairs-01 October 2018
Current Affair #01
Govt sets up Competition Law Review Committee
- The Government has constituted a Competition Law Review Committee to review the Competition Act.
- The committee will be headed by corporate affairs secretary Injeti Srinivas.
- The committee will review the competition regulations in India.
- The Competition Act was passed in 2002 and the Competition Commission of India was set up in 2009.
Current Affair #02
Int Day of Older Persons observed on 1st Oct
- International Day of Older Persons is observed on 1st October every year.
- The theme for 2018 is ‘Celebrating Older Human Rights champions’.
- The objective of the International Day for Older Persons is to recognise the contributions of older persons and to examine issues that affect their lives.
Current Affair #03
Yuvraj Wadhwani won Asian Junior Squash title
- India’s Yuvraj Wadhwani won Asian Junior Squash Championship title on 30 September, 2018.
- Yuvraj has become the second Indian to win the Under-13 title after Veer Chotrani, who had won the title in 2014 in Iran.
- Overall, Indian squash players won one gold, one silver and four bronze medals.
Current Affair #04
NITI Aayog and Oracle sign SoI
- NITI Aayog and Oracle signed a Statement of Intent (SoI) to pilot a real drug supply-chain using blockchain distributed ledger and Internet of Things (IoT) software
- The SoI was signed in order to fight the growing problem of counterfeit drugs in India.
- Apollo Hospitals and Strides Pharma Sciences will partner in this effort.
Current Affair #05
Good samaritan bill of Karnataka approved
- Karnataka has become the first state in the country to give legal protection to good Samaritans.
- President Ram Nath Kovind has given assent to Karnataka Good Samaritan and Medical Professional (Protection and Regulation during Emergency Situations) Bill, 2016.
- The bill aims to provide legal protection to the good samaritans in Karnataka, who help accident victims with emergency medical care.
Current Affair #06
Peace Padyatra in the Red heartland
- Around 150 people, from various states affected by the Maoist insurgency, will begin a 186-km long ‘Peace Padyatra’ on 1 Oct.
- The Peace Padyatra will start from the Shabri Gandhi Ashram in East Godavari district of Andhra Pradesh to the Jagdalpur town of Bastar.
- The padyatris will walk along the National Highway 30, that passes through the Sukma district of Chhattisgarh.
Current Affair #07
livestock census commenced from Oct. 01
- The 20th Livestock Census will be conducted in all States and Union Territories from October 01, 2018.
- The 20th Livestock Census would, for the first time, capture breed-wise headcount of livestock and poultry
- The Census would help in identifying the threatened indigenous breeds.
- The exercise would also cover fisheries.
Current Affair #08
Madhya Pradesh to have cow ministry
- Madhya Pradesh CM Shivraj Singh Chouhan announced the setting up of a ministry for cows.
- The cow ministry will replace the existing Madhya Pradesh Gaupalan Evam Pashudhan Samvardhan Board (MPGEPSB).
- If Madhya Pradesh implements the decision, it will become the second Indian state after Rajasthan to get a cow ministry.
Current Affair #09
Sale of micro insurance via PoS allowed
- Insurance regulator IRDAI has allowed the distribution of all micro-insurance products through point-of-sales (PoS).
- It aims to increase insurance penetration in the country.
- Micro-insurance policies are designed to promote insurance coverage among economically vulnerable sections.
- A micro-insurance policy is a general or life insurance policy with a sum assured of Rs. 50,000 or less.
Current Affair #10
VP to give "Vayoshreshtha Samman-2018"
- The Vice President of India M. Venkiah Naidu gave “Vayoshreshtha Samman-2018” to senior citizens on October 1, 2018.
- The award is given to eminent senior citizens and institutions in recognition of their services towards the cause of the elderly persons.
- Vayoshreshtha Samman is a Scheme of National Awards instituted by the Ministry of Social Justice & Empowerment.
Current Affair #11
Wage Compensation Scheme for pregnant women
- Assam government launched a wage compensation scheme for Pregnant Women in tea gardens of the state.
- The scheme will provide better health and nutrition supplements to the pregnant women.
- An amount of Rs.12,000 will be given to the pregnant woman to take care of herself and unborn baby.
- The wage compensation scheme will reduce maternal and neonatal mortality in the tea areas of Assam.
Current Affair #12
SATAT initiative launched by Petroleum Min
- The government of India launched ‘SATAT’ initiative to promote Compressed Bio-Gas (CBG) as an alternative fuel.
- The initiative is aimed at providing a Sustainable Alternative Towards Affordable Transportation (SATAT) as a developmental effort that would benefit both vehicle-users as well as farmers and entrepreneurs.
- Use of CBG will also help bring down dependency on crude oil imports.
Current Affair #13
1st corn festival of country in Chhindwara
- The first corn festival of the country held in Chhindwara in Madhya Pradesh from 29-30 Sept.
- The event will see scientists working on maize from across the country who will share their knowledge of the new developments and opportunities for corn based products.
- Madhya Pradesh is one of the largest corn producing states in India with Chhindwara being the highest corn producing district.
Current Affair #14
New LNG terminal at Anjar inaugurated
- The Prime Minister, Narendra Modi inaugurated the Mundra LNG terminal, the Anjar-Mundra Pipeline Project and the Palanpur-Pali-Barmer pipeline project, at Anjar, Gujarat on 30 September 2018.
- The LNG terminal is promoted by Gujarat State Petroleum Corporation Ltd.
- India has two more LNG terminals, Dabhol in Maharashtra and Kochi in Kerala.
Current Affair #15
Goa, Portugal signed MoU on water management
- A Memorandum of Understanding (MoU) has been signed between the Portuguese Environment Ministry and the Public Works Department of Goa.
- The MoU proposes technical partnership in the areas of water supply operation and energy efficiency,
- As part of the MoU, the assessment of two of the biggest water treatment and supply plants at Selaulim and Opa in Goa would be undertaken.
Current Affair #16
'NABARAD Grameena Habba' in Bengaluru
- National Bank for Agriculture and Rural Development is organizing “Grameena Habba” at Bengaluru.
- Habba is an exhibition cum sale of rural artisan products September 28- Oct 7, 2018.
- It would expand the market for weavers, rural artisans and craftsmen etc.
- NABARD supports rural artisans via its special fund ‘Gramya Vikas Nidhi’ that promotes rural innovation, rural livelihood options etc.
Current Affair #17
7-member panel set up on ‘calamity tax’
- The GST Council has set up a seven-member Group of Minister (GoM) panel.
- The panel will examine the legality of imposing a new tax on certain goods and services to raise resources for natural calamity-hit states.
- The seven-member Group of Ministers (GoM), would include representatives from North-Eastern, hilly and coastal states.
Current Affair #18
5th World Internet Conference in China
- China will hold the fifth World Internet Conference (WIC) in its river town of Wuzhen on November 7-9 2019.
- Theme: “creating a digital world for mutual trust and collective governance – towards a community with a shared future in cyberspace”.
- The conference will advocate exchanges, mutual learning, cooperation and sharing in the digital fields.
Current Affair #19
Harmonium exponent Tulsidas Borkar passed away
- Renowned harmonium player Pandit Tulsidas Borkar passed away in Mumbai.
- Borkar was conferred with the Padma Shri award in 2016 and also the Sangeet Natak Akademi Award.
- He had accompanied legendary singers such as Ustad Amir Khan, Bhimsen Joshi and Kishori Amonkar.
- Borkar was known for both solo performances as well as his unique style of accompanying Indian classical singers.
Current Affair #20
RBI to pump Rs 360 bn into bond markets
- The Reserve Bank of India (RBI) would pump Rs 360 billion into money markets in October to stem fears of a cascading credit crunch.
- The auctions would be conducted during the second, third and fourth week of October.
- The government will effectively cut its market borrowing by Rs 700 billion due to higher-than-expected earnings of Rs 750 billion through its small savings scheme.