Current Affairs Current Affairs June 2018

 Shillong, the capital city of Meghalaya has been selected as 100th Smart City after evaluating the proposal submitted by it. Till now, 99 smart cities had been selected in four rounds of competition and with this announcement, selection of 100 cities has been completed under the Smart Cities Mission. Previously, 20 cities were selected in January 2016, 13 cities in May 2016, 27 cities in September 2016, 30 cities in June 2017 and 9 cities in January 2018.  With the selection of Shillong, the total proposed investment in the finally selected 100 cities under the Smart Cities Mission would be Rs.2,05,018 crores.
Source- Press Information Bureau (PIB)

 The Vice President of India, M. Venkaiah Naidu has received the book "Vedvigyan Alok" (Maharishi Aitareya Mahidas Praneet - Aitareya Brahmina ki Vaigyanik Vyakhya) authored by Acharya Agnivarat Naishthik. The book is divided into four broad volumes. The Book Vedvigyan Alok is the scriptural verse in Vedas' prose. The Brahman textbooks are placed second in order of preference of Vedic literature.
Source- Press Information Bureau (PIB)

 Harayana Government has launched 7-Star Gram Panchayat Rainbow scheme to give star rankings to its panchayats on the basis of seven social parameters. Under this scheme, as many as 1,120 villages of the state have achieved rankings since its launch in January 2018. Ambala has topped star ranking followed by Gurugram and Karnal.
  • Key Facts
Under this scheme, seven social parameters under which panchayats will be judged are sex ratio, education, hygiene, environment preservation, governance and social participation. Stars of different colours (mentioned below) are awarded to panchayats depending upon their performance in each parameter. Gram panchayats scoring maximum in all parameters will be recognized as Indradhanush Gram Panchayats. They will get special grants for development works from Development and Panchayats Department of the State Government depending upon their performance. Villages winning six stars will be entitled to get additional developmental works worth Rs 20 lakh. Villages with 5 stars rating will get additional developmental works worth Rs. 15 lakh. Villages with 4 stars will get additional developmental works worth Rs 10 lakh.
Various Colour Stars
  • Pink star: It will be awarded to those panchayats that make outstanding performance in improving sex ratio.
  • Green star: It is for protection of environment, white star for cleanliness,
  • Saffron star: It is for crime-free villages.
  • Sky colour star: It will be awarded to village that will have no drop out.
  • Golden star: It is for good governance.
  • Silver star: It will be awarded for participation in development of villages.
  • Rewards
Villages for achieving each parameter will be rewarded Rs 1 lakh. Villages having equal or more girl population will be given Rs 50,000 as bonus with their reward money. Similarly, villages which adopt Swachhta Mission will be given additional Rs 50,000 as reward.

 According to updated count by Stockholm International Peace Research Institute (SIPRI), the number of nuclear warheads with nine nuclear countries has reduced from 14,935 at start of 2017 to 14,465 at start of 2018. These nine countries are United States, Russia, Britain, France, China, India, Pakistan, Israel and North Korea. SIPRI is an independent think tank that uses open sources to compile such data since 1966.
  • SIPRI’s report Highilgihts
Out of 14,465 nuclear warheads at the beginning of 2018, 3750 are actually deployed. This compared with 14,935 warheads at the start of 2017. Russia (with 6850 nuclear warheads) and US (with 6450 warheads) hold 92% of world’s total nuclear warheads. However, they have long-term programmes under way to replace and modernise their nuclear warheads and nuclear weapons production facilities. World’s nuclear powers are reducing their nuclear arsenals but they are also modernising, putting fresh and worrying focus on strategic deterrence. The reduction is due to arms control commitments by US and Russia in 2010 Treaty on Measures for Further Reduction and Limitation of Strategic Offensive Arms (New START Treaty). Britain has 215 nuclear warheads, France has 300, China has 280, India 130-140, Pakistan 140-150, Israel 80 and North Korea 10-20. These countries are either deploying or planning to deploy new nuclear weapons system. North Korea also demonstrated unexpected rapid progress in testing of two new types of long-range ballistic missile delivery systems for delivery of its nuclear weapons.

 A 3-day National Yoga Olympiad was inaugurated at the National Council of Educational Research and Training (NCERT) in CIET in New Delhi by Mr. Eric Falt, Director and UNESCO Representative of the New Delhi Cluster Office for India, Bangladesh, Bhutan, Nepal, the Maldives and Sri Lanka. This is the third consecutive year of National Yoga Olympiad of NCERT and this year about 500 students from 26 States and 4 RIEs are participating in the Olympiad. Two books – Joy of Theatre and Sangeet training packages were released on the occasion.
Source- DD News

 The Central Water Commission (CWC), India’s apex technical organisation in the field of Water Resources has signed a Collaboration Agreement with Google for flood forecasting. According to the Union Minister for Water Resources, River Development and Ganga Rejuvenation, Nitin Gadkari, the collaboration with Google will help in effective flood management in India. Using its high-resolution Digital Elevation Model (DEM), Google would help to generate flood inundation maps with the forecast inputs of CWC. The collaboration agreement between the Water Resource Ministry and Google includes projects related to the improvement of flood prediction systems, high priority research project to improve flood visualisation and online cultural project on the country’s rivers.
Source- The Economic Times

 The ICICI Bank board has appointed ICICI Prudential Life Insurance CEO Sandeep Bakhshi as whole-time director and chief operating officer (COO), creating a new top position at India’s second largest private bank, to steer all its businesses. Chanda Kochhar, ICICI Bank’s managing director and CEO will remain on leave until a committee investigating allegations of impropriety completes its work. Bakhshi has been appointed for a period of five years. Bakhshi will continue as non-executive director of ICICI Prudential Life Insurance. N.S. Kannan has been appointed as CEO of ICICI Prudential Life Insurance for five years.
Source- The Livemint

 Jammu & Kashmir's Chief Minister Mehbooba Mufti submitted her resignation to the Governor after BJP announced to pull out of an alliance with Peoples Democratic Party (PDP). The reason for the pullout was failure to control the situation in the state and meet its promises. BJP's General Secretary Ram Madhav also called for Governor's rule in Jammu & Kashmir.
Source- The Livemint

 IRDAI has formed a panel to review the regulations pertaining to insurance marketing firms. The committee is headed by Suresh Mathur, Executive Director (insurance marketing firms), IRDAI, with nine more members. The new distribution channel of insurance marketing firms was introduced in 2015 by IRDAI, with the objective of increasing insurance penetration in the country through an area-wise registration approach. The channel has now been in operation for three years. The committee will come up with recommendations before July 31, 2018, according to an order issued by IRDAI.
Source- The Hindu Business Line

 The ICICI Bank board has appointed ICICI Prudential Life Insurance CEO Sandeep Bakhshi as whole-time director and chief operating officer (COO), creating a new top position at India’s second largest private bank, to steer all its businesses. Chanda Kochhar, ICICI Bank’s managing director and CEO will remain on leave until a committee investigating allegations of impropriety completes its work. Bakhshi has been appointed for a period of five years. Bakhshi will continue as non-executive director of ICICI Prudential Life Insurance. N.S. Kannan has been appointed as CEO of ICICI Prudential Life Insurance for five years.
Source- The Livemint


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