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Current affairs : March 9th, 2017 for all competitive exams

PM Modi releases postage stamp on 100 years of Yogoda Satsang Math
A commemorative postage stamp was recently released by the PM on 100 years of Yogoda Satsang Math.
  • This year marks the 100th anniversary of Yogoda Satsanga Society of India (YSS), founded in 1917 by Paramahansa Yogananda, whose Autobiography of a Yogi has introduced millions of truth seekers all over the world to yoga and meditation, and whose universal Kriya Yoga teachings provide methods for achieving spiritually harmonious lives.


2-day North-East Business Summit begins in New Delhi 
A two-day North-East Business Summit (NEBS) begins in New Delhi.The summit aims to display the strengths, potentials, and initiatives of the North-East, promote investment the region and also have focused deliberations on strategic areas like healthcare, connectivity, agriculture, food processing and energy. 
  • The Summit will also showcase the untapped business potential of North-East to investors worldwide.


EPFO extends Digital Life Certificate submission through Jeevan Pramaan Patra by March 31
The Employees' Provident Fund Organisation (EPFO) has extended the last date of submission of digital life certificate through Jeevan Pramaan Patra by March 31st, 2017 under Employees' Pension Scheme (EPS).
  • The decision was taken as many pensioners failed to submit their life certificates for continuation of drawal of pension. 


Electoral bonds to flag elections: FM

Finance Minister Arun Jaitley said that the electoral bonds will be made available ahead of the elections and would remain valid for a few days.
  • The concept of electoral bonds was introduced by Mr. Jaitley during his Budget 2017 speech in order to bring some transparency to the electoral funding process.
  • These bonds have to be authorised under a scheme under the Income Tax Act.
  • It will open for a limited period of time during the elections, or maybe a little before the elections.
  • These bonds can be donated only to a political party. These are redeemable in only one account of that party, registered with the Election Commission.


Centre mulls more ‘border haats’
The government is mulling opening more ‘border haats’ (border markets), encouraged by its success at the India-Myanmar border. Current border haats are functioning well.
  • The border haats are markets that aim at promoting the wellbeing of the people dwelling in remote areas across the borders of two countries, by establishing traditional system of marketing the local produce through local markets.
India currently has functional border haats with Bangladesh.


SC to HCs: Don’t keep review pleas pending
The Supreme Court has asked High Courts to dispose of review petitions as expeditiously as possible to prevent any slow-up in the process of justice.
  • The Supreme Court has asked the High Courts not to keep the applications for review pending as that is likely to delay the matter in every court and also embolden the likes of the petitioner to take a stand intelligently depicting the same in the application for condonation of delay.


Centre plumps for rural FMCG e-sales
The Centre has initiated talks with FMCG companies to sell their products online in rural areas through common service centres (CSCs) as it looks to increase the business for such centres.
  • The government is focused on expansion of CSCs because of their inherent strength to transform rural India. With the sale of FMCG products, the door has been opened for popularising e–commerce through CSCs.


India gold demand to revive in 2017, says World Gold Council
The World Gold Council (WGC) expects a revival in demand for the yellow metal in India in the current calendar year after 2016 ended on a dismal note on account of a surge in gold price coupled with factors like an increase in excise duty and demonetisation.
  • The global body expects Indian gold demand to be about 650-750 tonnes in 2017. Demand was just a little more than 600 tonnes in the last calendar year.


Kamaladevi Chattopadhya National Awards
The Government has announced ‘Kamaladevi Chattopadhya National Awards’, a new category of awards specially for women handloom weavers and women handicraft artisans.
  • The awards are being instituted from this year, so that women weavers and artisans receive due recognition and economic benefits associated with the Awards.


Web Portal for obtaining CRZ Clearances
The government has launched the web portal for obtaining Coastal Regulation Zone clearances, here today. 
  • The Portal is a web-based system for obtaining clearances required from the Environment Ministry under the “Coastal Regulation Zone” (CRZ) by the Project proponents.
  • The system will enable the Project proponents and the concerned State/Union Territory bodies like the State Coastal Zone Management Authorities (SCZMAs) and Municipal/Town Planning agencies in tracking the status of their proposals.


Downloading apps may cost money with ‘Google tax’: Report
After the application of equalisation levy on online advertisements, the government is mulling over the option of widening its scope.
  • The government might impose a six per cent tax levy on all online multinational companies that earn revenue from India, this could include even the downloading of apps on smartphones.


Karnataka CM Siddaramaiah launches 'Pratibimba' to project achievements 
Karnataka Chief Minister Siddaramaiah launched a comprehensive web-based platform Pratibimba to showcase the government’s performance and achievements to the citizens.
  • This dash board will serve as a tool to improve efficiency in governance and allow citizens to track government’s progress.
  • It is available both in English and Kannada.


First time Mobile World Congress to be held in India
India to host its first mobile congress on 27 September 2017 with a special focus on reaching out to the South East Asian markets at Pragati Maidan, Delhi.This was announced by Rajan S Mathews, Cellular Operators Association of India (COAI) Director General. 
  • The three-day event will be organized by GSM Association. All Indian mobile operators, Facebook, Huawei, Ericsson, Cisco etc are likely to participate in the mobile congress. This is the first time held in India after Barcelona(Spain) and Shanghai(China).


Vice President Hamid Ansari Attends IORA Summit in Jakarta
Vice President Hamid Ansari was on a two-day visit to Indonesia to attend the 21-nation Indian Ocean Rim Association (IORA) Summit in Jakarta, Indonesia from March 6-7, 2017.
  • The theme of Summit is ‘Strengthening Maritime Cooperation for a Peaceful, Stable and Prosperous Indian Ocean’.




IDFC Aadhaar Pay launched
IDFC Bank has launched India’s first biometric-based payment system 'Aadhaar Pay' in New Delhi.
  • The Aadhaar Pay app has been developed by IDFC Bank under the guidance of the Ministry of IT, NITI Aayog, Unique Identification Authority of India (UIDAI), and National Payments Corporation of India (NPCI).


D. Bala Venkatesh Varma concurrently accredited as the Ambassador of India to Andorra
IFS officer, D. Bala Venkatesh Varma has been concurrently accredited as the next Ambassador of lndia to the Principality of Andorra, with residence in Madrid (Spain). 
  • Venkatesh was presently working as the ambassador of lndia to the Kingdom of Spain.


Ashwin, Jadeja jointly ranked number one in ICC Test rankings
India’s Ravichandran Ashwin and Ravindra Jadeja have become the first pair of spinners to be jointly top-ranked in the MRF Tyres ICC Player Rankings for Test Bowlers as Jadeja has caught up with his spin-partner in the rankings after the second Test against Australia in Bengaluru.  



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