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Current Affairs
| Government launches TAMRA Portal and Mobile App |
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| The Ministry of Mines has launched Transparency, Auction Monitoring and Resource Augmentation (TAMRA) Portal and Mobile Application to ensure transparent award of statutory Clearances for mining operations The TAMRA platform was simultaneously launched across 12 mineral rich states as a part of the Ease of Doing Business in the Mining sector and to double mining contribution to GDP.
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| Union Cabinet approves bill to amend Collection of Statistics Act, 2008 |
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| The Union Cabinet chaired by the Prime Minister Narendra Modi has approved introduction of Bill in Parliament to extend the jurisdiction of the Collection of Statistics Act, 2008 to Jammu & Kashmir. The Amendment will be pertained to statistics under Union (List-I) and Concurrent lists (List- III) in the Seventh Schedule to the Constitution and Constitution (Application to Jammu & Kashmir) Order, 1954.
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| Union Cabinet approves merger of SBI, 5 associate banks |
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| The Union Cabinet chaired by the Prime Minister Narendra Modi has approved the merger of State Bank of India (SBI) with five of its associate/subsidiary banks. These five subsidiary banks are State Bank of Bikaner and Jaipur, State Bank of Hyderabad, State Bank of Mysore, State Bank of Patiala and State Bank of Travancore. The Union Cabinet also approved the introduction of a Bill in Parliament to repeal the State Bank of India (Subsidiary Banks) Act, 1959 and the State Bank of Hyderabad Act, 1956.
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| Scientists unmask superbug-shielding protein |
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| Scientists from University of Western Australia have successfully mapped three-dimensional molecular structure of EptA protein that shields superbugs from antibiotics. The EptA protein causes multi-drug resistance by masking bacteria from both the human immune system and important antibiotics.
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| SC introduces Middle Income Group Scheme |
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| The Supreme Court has introduced Middle Income Group Scheme, (MIGS) a self-supporting scheme for providing legal services to the middle and relatively lower income groups. Under this scheme, middle class people who cannot afford the expensive litigation in the apex can avail the services of the society for a nominal amount.
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| Hindi Scholar and writer Surendra Verma selected for 2016 Vyas Samman award |
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| Renowned Hindi Scholar, litterateur and playwright Surendra Verma (75) was selected for the prestigious Vyas Samman 2016. He was chosen for this award for his novel Kaatna Shami Ka Vriksha : Padma Pankhuri Ki Dhar Se, published in 2010.
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| RBI allows multilateral FIs to invest in masala bonds |
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| The Reserve Bank of India (RBI) has permitted multilateral and regional financial institutions (FIs) to invest in masala bonds, rupee denominated bonds issued by Indian entities. This decision will allow multilateral agencies like Asian Development Bank (ADB) and BRICS led New Development Bank (NDB) to invest in these bonds. It also provides more choices of investors to Indian entities issuing rupee-denominated bonds abroad.
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| India ranks 143rd in 2017 Economic Freedom Index |
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| India was ranked 143rd out of 186 economies in the annual Index of Economic Freedom 2017 that measures the degree of economic freedom in the countries of the world. The index was released by top US based Think Tank, The Heritage Foundation. In this edition, Indias overall score was 52.6 points, 3.6 points less than scored in 2016 when it was ranked 123rd.
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| Government constitutes inter-departmental task force to crack down on benami firms |
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| The Union Government has constituted inter-departmental task force comprising members of various regulatory Ministries and enforcement agencies to crack down on benami firms. It is first major post-demonetisation move undertaken by Government for unearthing black money from shell companies used for large-scale money laundering and tax evasion.
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| Pakistan's naval exercise Aman 2017 begins in Karachi |
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| The Pakistan Navy has kicked of its biannually-held multinational AMAN 2017 naval exercise in Karachi, Pakistan. 37 countries are participating in the international event. Aman-17 is the fifth edition such exercise which Pakistan has been holding biannually since 2007. Previous exercises were held in 2007, 2009, 20011, and 2013, and 2016 respectively.
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