Page-2 of Current Affairs - August, 2017

Cabinet approves promulgation of GST (Compensation to States) Ordinance, 2017

The Union Cabinet has given its approval to the proposal of Union Finance Ministry to promulgate an ordinance to suitably amend the Goods and Services Tax (Compensation to States) Act, 2017. The approval will allow GST Council to hike the ..

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Cabinet approves MoU on India-Israel Industrial R&D and Technological Innovation Fund

The Union Cabinet approved Memorandum of Understanding (MoU) to set up US $40 million India-Israel Industrial R&D and Technological Innovation Fund (I4F). The MoU was signed in July, 2017 during Prime Minister Narendra Modi’s visit to Israel. India and Israel ..

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NITI Aayog proposes Judicial Performance Index for lower judiciary

The premier government think tank National Institution for Transforming India (NITI) Aayog has suggested establishment of a judicial performance index (JPI) to check delay in finalisation of cases in lower judiciary. It was suggested as part of ‘Three Year Action ..

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Government to release new industrial policy

The Department of Industrial Policy and Promotion (DIPP) under the Commerce and Industry Ministry is going to release a new industrial policy by October 2017. It is expected to replace National Manufacturing Policy (NMP) released in 2011 The new policy ..

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Delhi Police launches YUVA – a skill development programme

The Delhi Police has launched YUVA – a skill development programme under Pradhan Mantri Kaushal Vikas Yojana (PMKVY). It was inaugurated by Union Home Minister Rajnath Singh. The ‘YUVA’ initiative aims to connect with youth by upgrading their skill as ..

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Government clears 100% strategic sale of CEL

The Union Government (Department of Investment and Public Asset Management) has approved a 100% disinvestment through strategic sale along with transfer of management control of Central Electronics Ltd. (CEL). CEL was incorporated as CPSE in 1974 under the administrative control ..

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IAEA opens world’s first low Enriched Uranium bank in Kazakhstan

The UN global nuclear watchdog, International Atomic Energy Agency (IAEA) has opened world’s first low Enriched Uranium (LEU) Bank in Oskemen in Kazakhstan. The bank is owned and managed by IAEA. It will be the first of its kind LEU ..

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West Bengal’s Gobindobhog rice gets geographical indication status

The Geographical Indications Registry (GIR) has granted geographical indication (GI) status to Gobindobhog rice, a speciality from Burdwan district of West Bengal.  The state government had applied for GI status for Gobindobhog rice in August 2015. Gobindobhog rice Gobindobhog variety ..

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