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Current affairs : March 1st, 2017 for all competitive exams

MEITY to promote digital transactions in place of NITI Aayog
The government has shifted the responsibility of promoting digital transactions in the country to the Ministry of IT and Electronics (MEITY) from NITI Aayog. 
  • MEITY is responsible for promotion of e-governance for empowering citizens as well as promoting inclusive and sustainable growth of electronics and IT in the country. 


Thiruvananthapuram tops city governance ranking
The report of the Annual Survey of India’s City-Systems (ASICS), conducted by Janaagraha Centre for Citizenship and Democracy, was recently released. 

  • This is the fourth edition. The survey evaluated 21 major cities from the country’s 18 states. The survey highlighted inadequacies in urban governance that could affect public service delivery and quality of life.
  • Thiruvananthapuram is at the first place. Pune is ranked second, up two ranks from 2015, while Kolkata retains its third slot.
  • Delhi slips two places to rank ninth. The biggest gainer in the 2016 survey is Bhubaneswar, which has jumped eight places from 2015 to land at the 10th
spot.


India signs Financing Agreement with World Bank for Tejaswini
A Financing Agreement for IDA credit of US$ 63 million (equivalent) for the “Tejaswini” Socio-Economic Empowerment of Adolescent Girls and Young Women Project” was recently signed between India and the World Bank.
  • The development objective of Tejaswini, for Socioeconomic Empowerment of Adolescent Girls and Young Women (AGYW) Project in India is to improve completion of market-driven skills training and secondary education for adolescent girls and young women in select districts of Jharkhand.


First Integrated Heliport of the Nation
The First Integrated Heliport was recently dedicated to the Nation by Ministry of Civil Aviation in association with Pawan Hans at Rohini Heliport, Delhi.
  • The heliport is an excellent infrastructure but helicopter services in India are still at a nascent stage. National Aviation Policy proposes to have four heliports, one in each region and Rohini’s heliport is the first step.


Madras HC orders TN govt to enact law on removal of seemai karuvelam trees
The Madurai bench of the Madras high court has directed the Tamil Nadu government to enact a law with prohibitory and penal clauses within two months to eradicate seemai karuvelam trees (prosopis juliflora). 
  • It also directed the government to release perennial funds to the district collectors in the state for removing of the seemai karuvelam trees.
  • The seemai karuvelam tree that sucks a lot of water has invaded into water bodies and dry lands of government and private people. Since such trees ultimately affect the agricultural activities, a batch of cases for their eradication was filed before the high court bench.


Al Nagah-II 2017:
The armies of India and Oman are scheduled to conduct their second bilateral exercise, Al Nagah-II 2017, in March with a focus on counter-terrorism.
  • The aim of the exercise is to build and promote bilateral Army-to-Army relations and enhance interoperability while exchanging skills and experiences between the Indian Army and the Royal Army of Oman.


EU member states approve visa-free travel for Georgia
European Union member states approved visa-free travel for Georgia, after agreeing safeguards to prevent any upsurge in arrivals from the former Soviet satellite. 
  • Under the accord, Georgian citizens will be able to travel visa-free for 90 days in the EU during any 180-day period. 
  • The accord does not apply to the United Kingdom or Ireland.


OECD cuts India's growth forcast to 7%
Paris based think tank Organisation for Economic Co-operation and Development (OECD) has cut India's growth forecast for this fiscal year (2016-2017) to 7% from 7.4% earlier (2015-2016) because of demonetization.
  • The pace will accelerate to 7.3% next fiscal (2017-2018) and higher in Financial Year 2019. According to OECD India is already in the process of implementing a gradual reduction in corporate income tax to 25% from 30%. 


American Express launches 'Buyer Initiated Payments' to eliminate cheque, draft payments
American Express, a global leader in payment solutions has launched an electronic payment platform linked to corporate card, Buyer Initiated Payments (BIP) to eliminate payment through cheques or drafts. 
  • The BIP card will help organizations and their vendors by reducing the processing cost and offer extended payment terms compared to traditional invoice payments. 
  • BIP enables companies to increase the Days Payable Outstanding (DPO) while still paying vendors on time management firm for such services.


Canara, HSBC and OBC Banks launched iSelect Term Plan
Canara, HSBC and Oriental Bank of Commerce Life Insurance launched iSelect term plan to expand its online product suit with the meant for family protection. 
  • iSelect term plan provides enhanced protection cover for the family at an affordable premium.
  • It is a pure protection online term plan that provides life insurance cover along with the option to cover against accidental death/ disability.


Nand Kumar Sai assumes charge as Chairman of National Commission for Scheduled Tribes
Senior tribal leader from Chhattisgarh and ex parliamentarian Shri Nand Kuamr Sai recently assumed charge as the chairman of National Commission for Scheduled Tribes (NCST).
  • NCST was established by amending Article 338 and inserting a new Article 338A in the Constitution through the Constitution (89th Amendment) Act, 2003.


Author Neil Gaiman Named U.N. Goodwill Ambassador
The author Neil Gaiman has been appointed as a global Goodwill Ambassador of the UN Refugee Agency,UNHCR by Filippo Grandi, the UN High Commissioner for Refugees. 
  • He has appointed to raise awareness about the plight of forcibly displaced people and to generate much needed funds.




Popular Gujarati Writer Tarak Mehta Passes Away at 87
Popular Gujarati writer and noted play writer Tarak Mehta passed away. He was 87 and suffering from age related illness since long. 
  • The famous humorist was best known for his column 'Duniya Ne Undha Chasma' in Mumbai based Gujarati news weekly 'Chitralekha'. 
  • He was awarded Padma Shri in 2015.The popular comic television serial ‘Taarak Mehta Ka Ooltah Chashmah' is a television adaptation of Padma Shri Taarak Mehta's column 'Duniya Ne Undha Chasma'.


Rangaswamy Becomes First Woman to Be Honored BCCI Lifetime Achievement Award
To recongnize the contribution of women cricketers, the BCCI for the first time, has introduced the Lifetime Achievement Award for Women. 
  • Former captain, Ms. Shanta Rangaswamy has been nominated for the award. 
  • She led India in 12 Test matches and in 16 ODIs. Apart from Mr. Vaman Viswanath Kumar and late Ramakant Desai have been nominated for the BCCI Special Award in recognition of their yeoman services to Indian Cricket.


Jitu Rai wins gold at ISSF World Cup in 50m free pistol, Amanpreet Singh silver
Jitu Rai won the gold medal in men’s 50 meter free pistol event of the ISSF World Cup, with a world record score of 230.1. 
  • India’s Amanpreet Singh wins silver with a score of 226.9.



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