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Daily Current affairs - May 25th, 2017 for all competitive exams

25 MAY International Missing Children’s Day
Every year, 25 May is now widely known as Missing Children’s Day, with the forget-me-not flower as its emblem. In 2001, 25 May was first formally recognized as International Missing Children’s Day (IMCD)
  • In 1983, U.S. President Ronald Reagan proclaimed May 25th “National Missing Children’s Day.”
  • The forget-me-not flower is the symbol of International Missing Children's Day.


Cabinet approves setting up of new AIIMS in Kamrup, Assam
The Union Cabinet has given its approval for establishment of new AIIMS at Kamrup (North Guwahati Revenue circle). The cost of the project is Rs.1123 crore and it will be set up under the Pradhan Mantri Swasthya Suraksha Yojana (PMSSY).
  • The establishment of new AIIMS is aimed at serving the dual purpose of providing super speciality health care to the population while also help create a large pool of doctors and other health workers in this region that can be available for primary and secondary level institutions / facilities being created under National Health Mission (NHM).
  • The Pradhan Mantri Swasthya Suraksha Yojana (PMSSY) was announced in 2003 with objectives of correcting regional imbalances in the availability of affordable/ reliable tertiary healthcare services and also to augment facilities for quality medical education in the country.


Cabinet approves phasing out Foreign Investment Promotion Board
The Union Cabinet has given its approval to the phasing out of Foreign Investment Promotion Board (FIPB). The proposal entails abolishing the FIPB and allowing administrative Ministries/Departments to process applications for FDI requiring government approval.
  • The move will provide ease of doing business and will help in promoting the principle of Maximum Governance and Minimum Government.


Preference to ‘Make in India’ in Government procurements
The Union Cabinet has approved a policy for providing preference to ‘Make in India’ in government procurements.
  • The policy will be implemented through an Order pursuant to Rule 153(iii) of the General Financial Rules, 2017 to provide purchase preference (linked with local content) in Government procurements.
  • Under the policy, preference in Government procurement will be given to local suppliers. Local suppliers are those whose goods or services meet prescribed minimum thresholds (ordinarily 50%) for local content. Local content is essentially domestic value addition.


Joint Declaration of Intent between Germany and India regarding cooperation in the sector of alternative medicine
The Union Cabinet has approved the Joint Declaration of Intent (JDI) between Germany and India regarding cooperation in the sector of alternative medicine.
  • The financial resources necessary to conduct research, training courses, conferences / meetings will be met from the existing allocated budget and existing plan schemes of Ministry of AYUSH.


Govt launches ‘eSanad’ for online document verification
The Human Resource Development Ministry and the External Affairs Ministry launched an online verification portal 'e-sanad' to make the document verification process easier for students who planning to study abroad.
  • 'e-Sanad' is an initiative of the Ministry of External Affairs (MEA), in association with two other ministries with the help of Central Board of Secondary Education (CBSE).
  • CBSE becomes the first Board to partner with MEA for e-Sanad.


Fresh move to impeach Justice Nagarjuna Reddy
Over 60 members of the Rajya Sabha, cutting across party lines, have submitted a motion seeking initiation of impeachment proceedings against Justice C.V. Nagarjuna Reddy of the High Court for Andhra Pradesh and Telangana. 
  • This is the second attempt by members of the upper house of Parliament to remove Justice Nagarjuna Reddy after the first one made by 61 MPs on December 5 last year failed after 19 signatories withdrew. 
  • Allegations against the judge include interfering in the judicial process in several cases; and caste slurs including death threats against a Dalit Junior Civil Judge Sanku Rama Krishna. 


J&K security agencies want ban on social media to continue
Security agencies are advocating continuation of the ban on the social media in Kashmir claiming “it has yielded results on the ground”, as the one-month suspension ends on May 26.
  • The government invoked the Indian Telegraph Act 1885 last month to direct all telecom service providers to block social media sites, including Facebook, Twitter and WhatsApp along with video sharing site YouTube. The move came in the wake of growing street protests in the Valley this year.


IIT-Kharagpur signs MoU with Madhya Pradesh for measuring Happiness Index
Indian Institute of Technology (IIT) Kharagpur's Rekhi Centre of Excellence for the Science of Happiness has signed an MoU with Madhya Pradesh government to collaborate on the development of a Happiness Index for measuring the well-being of the people of the state.
  • The MoU was signed with MP government's 'Rajya Anandam Sansthan' (Department of Happiness) in the presence of MP Chief Minister Shivraj Singh Chouhan and IIT-KGP Director Prof P P Chakrabarti at Bhopal recently.


Airlander 10, World’s Largest Aircraft, Completes Test Flight:
The world’s largest aircraft has successfully completed a test flight, bringing the massive helium-filled airship one step closer to commercial use.
  • The hybrid aircraft dubbed the Airlander 10 combines technology from airplanes, helicopters and airships.
  • It is designed to fly at altitudes of 6,100 meters for up to five days when manned. With a length of 92 metres, it is the largest aircraft currently flying.


Modi to be on four-nation tour from May 29 to June 3
Prime Minister Narendra Modi will visit Germany, Spain, Russia and France between May 29 and June 3.
  • The External Affairs Ministry has announced that he will hold bilateral talks with German Chancellor Angela Merkel, Russian President Vladimir Putin, Spanish Prime MinisterMariano Rajoy and French President Emmanuel Macron.


U.S. proposes cut in aid to Pak.
The Trump administration has proposed that the military aid to Pakistan in 2018 be reduced to $100 million from $265 million in 2017.
  • Pakistan will be among several countries that will be affected if cuts in military aid to partners proposed by the White House is passed by Congress.
  • The $100 million under foreign military funding is to help Pakistan buy military hardware. With other programmes added, total assistance proposed for Pakistan next year amounts to $344 million, which is also a substantial reduction.
  • Israel, Egypt and Jordan will not face any cuts in military grants. Israel will receive $3.1 billion, Egypt $1.3 billion and Jordan $350 million, respectively. 


TRAI defends decision to impose penalty on 3 firms
TRAI had recommended a fine of Rs. 1,050 crore each for Bharti and Vodafone, and of Rs. 950 crore for Idea for violating their agreement and denial of interconnection to Reliance Jio. DoT had sought clarifications on several points, including the provision of law under which the amount was recommended.
  • Non-compliance of terms and conditions of the licence under the TRAI Act, 1997 warrants recommendations for the revocation of the licence.


Centre may expand UDAN’s wingspan
The Centre has proposed widening the scope of its UDAN scheme for regional connectivity by making more flight operations eligible for a host of concessions, including viability gap funding.
  • All routes which do not have flight services at present may become part of the Scheme.
  • If there is no flight between two destinations even though both the airports have flight operations on separate routes, then it will be an unserved route falling under the regional connectivity scheme (RCS).
  • The Government may also allow flights between airports less than 150 kilometres of distance from each other, for instance, Bengaluru-Mysuru route, to be eligible to fall under the UDAN scheme.


SBI launches national hackathon:
State Bank of India (SBI) has launched a national hackathon for developers, start-ups and students to come up with innovative ideas and solutions for the banking sector.
  • The hackathon, named ‘Code For Bank’, will focus on the business value driven by technologies like predictive analytics, fin-tech/blockchain, digital payments, IOT, artificial intelligence, machine learning, BOTS and robotic process automation.


WHO elects Ethiopia’s Tedros Adhanom Ghebreyesus as its new director general:
Ethiopia’s former health minister has been elected to serve as the next director-general of the World Health Organization — the first African picked to lead the global health agency.
  • Appointment: The World Health Assembly is the legislative and supreme body of WHO. Based in Geneva, it typically meets yearly in May. It appoints the Director-General every five years.


Socialist Lenin Moreno sworn in as Ecuador president
Lenin Moreno was sworn in as Ecuador's president following a tight electoral race that the former vice president won on promises of maintaining the social programs of his leftist predecessor, Rafael Correa. 
  • The 64-year-old Moreno, a socialist, last month won a runoff vote in the oil-exporting country, bucking a shift to the right in South America as leftist governments struggle to maintain support.


New Book on Virat Kohli's Winning Formula Revealed by Abhirup Bhattacharya
A new book “Winning like Virat: Think & Succeed like Kohli” by Abhirup Bhattacharya, unravels the secrets of the cricketer’s consistent form, while attempting to decode his philosophy towards life.
  • In the book, the writer etches Virat’s success curve by using statistics that chart his performances and anecdotes from his predecessors and contemporaries in the game.


P V Sindhu Elected to Badminton World Federation Athletes' Commission
Olympic silver medalist P.V. Sindhu became a member of the BWF Athletes' Commission after voting closed for the four places on the representative body.
  • The 21-year-old Indian topped the ballot with 129 votes as she led a trio of women onto the BWF Athletes' Commission. She will serve for four years term.



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