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Daily Current affairs - June 24th, 2017 for all competitive exams

City Liveability Index launched by MoUD
The Ministry of Urban Development has launched the ‘City Liveability Index’ for measuring the quality of life in 116 major cities including smart cities, capital cities and cities with a population of above one million each.
  • In a first of its kind Index to be introduced in the country, cities will be assessed on a comprehensive set of 79 parameters to capture the extent and quality of infrastructure including availability of roads, education and health care, mobility, employment opportunities, emergency response, grievance redressal, pollution, availability of open and green spaces, cultural and entertainment opportunities etc.
  • The Index is a Common Minimum Reference Framework to enable the cities know where they stand in terms of quality of life and the interventions required to improve the same.


‘MERIT’ web portal launched by Ministry of Power
A web portal- MERIT (Merit Order Despatch of Electricity for Rejuvenation of Income and Transparency) was recently launched by the Ministry of Power.
  • The portal has been developed by Ministry of Power in association with POSOCO and Central Electricity Authority.
  • The portal displays extensive array of information regarding the merit order of Electricity procured by State(s) such as daily state-wise marginal variable costs of all generators, daily source-wise power purchases of respective states/UTs with source-wise fixed and variable costs, energy volumes and purchase prices.


Government launches VAJRA scheme
In a bid to bring together the Indian scientists abroad and India-based researchers for conducting joint researches in India, the Department of Science and Technology (DST) has launched a scheme named ‘Visiting Advanced Joint Research Faculty’ (VAJRA).
  • Under this scheme, scientists or senior researchers abroad – of Indian origin or otherwise – can collaborate with faculties here.
  • Under the scheme, foreign researchers would receive endowments at par with those in their own countries. 
  • The endowments for faculties would be US $15,000 in the first month of residency and US $10,000, for the remaining months.


Centre announces 30 more Smart Cities
Thirty more cities from across the country have been added to the Centre’s Smart Cities Mission, with a proposed investment of Rs.57,393crore in various projects under the scheme, taking the total number of cities to 90.
  • Kerala’s capital, Thiruvananthapuram, topped this round.
  • Tamil Nadu emerged as the State with the highest number of cities selected in this round, with Tirupur, Tirunelveli, Thootukudi and Tiruchirappalli making it to the Mission.
  • The Smart Cities mission was launched in June 2015 with the government releasing the guidelines and mission statement for the 100 Smart Cities project.


Panel to oversee progress in UN’s SDG
The Centre will soon set up a high-level committee headed by Chief Statistician of India to oversee the country’s progress towards UN’s Sustainable Development Goals aimed at ending poverty, fighting inequalities and tackling climate change.
  • A dashboard is also being developed with technical support from the UN Development Programme (UNDP) to “strengthen the mechanism” for monitoring progress on these global goals.
  • Data collected by private agencies may be considered for monitoring the SDGs, particularly since a number of the goals are not directly linked to the Centre’s provision of public services.
  • The SDGs are a set of 17 goals and 169 targets aimed at resolving global social, economic and environmental problems.


China stops Kailash pilgrims
The annual Kailash Mansarovar yatra, which was flagged off earlier this month by External Affairs Minister Sushma Swaraj, has been disrupted. 
  • Reports suggest that China has declined permission for the first group of 50 pilgrims to proceed to the holy Mount Kailash through the Nathu La pass.
  • The route through the Nathu La pass that opened two years ago shortens the entire route making the pilgrimage less arduous.


ISRO puts 31 satellites in space
Indian Space Research Organisation (ISRO) successfully launched 31 satellites — 29 of them belonging to foreign countries — on board the PSLV-C38 from the Satish Dhawan Space Centre.
  • The PSLV, in its 40th flight, carried the Cartosat-2 series satellite, the main payload, weighing 712 kg and another Indian satellite, NIUSAT, an Indian university/academic institute satellite from Noorul Islam University, Kanyakumari. 
  • The Cartosat-2 is a remote sensing satellite, and is the sixth in the series. It was placed in a 505 km polar Sun Synchronous orbit. It will be used for cartographic applications, coastal land use and regulation, road network monitoring, water distribution, creation of land use maps, Land Information Systems (LIS) and Geographical Information System (GIS) applications.


M-banking now under ombudsman’s purview
Widening the scope of its Banking Ombudsman Scheme, the Reserve Bank of India (RBI) has included complaints relating to mis-selling and mobile banking in its purview. The amended Banking Ombudsman Scheme will come into force from July 1.
  • Under the amended Scheme, a customer would also be able to lodge a complaint against the bank for its non-adherence to RBI instructions with regard to mobile banking/ electronic banking services in India.
  • The pecuniary jurisdiction of the Banking Ombudsman to pass an Award has been increased from existing Rs 10 lakh to toRs 20 lakh.


RIL-BP withdraws gas price arbitration
Reliance Industries (RIL) and its partner BP Plc have withdrawn an arbitration case pertaining to gas pricing policy, paving the way for higher gas prices from Rs. 40,000 crore of fresh investment the duo had announced earlier this week.


Carnegie Medal to Azim Premji:
Wipro Chairman AzimPremji is among the recepients of this year’s Carnegie Medal, considered the most prestigious prize in philanthropy, for his efforts to reform India’s public school system.
  • Premji is among the nine recipients recognised “for their outstanding and innovative leadership in philanthropy”.
  • The honorees are recognised as catalysts for good whose philanthropy has had a significant and lasting impact on a particular field, nation, or community of people.


Sri Lankan economist Saman Kelegama dies
Leading Sri Lankan economist Saman Kelegama, who was highly regarded in South Asian policy circles, passed away in Thailand .
  • A trade policy expert, Kelegama served as the Executive Director of the Institute of Policy Studies of Sri Lanka for over two decades, and advised successive governments on key economic matters.
  • Kelegama was an alumnus of the Indian Institute of Technology, Kanpur, where he completed a master’s degree in Mathematics. 



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