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Daily Current affairs - February 14&15, 2018 for all competitive exams

February 14 - No-Uniform Day
Every year 14th February is celebrated as No-Uniform Day
  • Also known as Mufti Day this is one of the most common and popular school fundraisers. Pupils pay either a set fee or make a donation to leave blazers, ties and sweatshirts at home.
  • Theme: The love


President inaugurates ‘Agricon 2018’ and ‘Agriexpo 2018’
The President of India, Shri Ram Nath Kovind, inaugurated the international conference ‘Agricon 2018’ and ‘Agriexpo 2018’ at Chandrasekhar Azad University of Agriculture & Technology (CSAUT), Kanpur on February 14, 2018.
  • The President emphasised the need to see grain production, dairy farming, animal husbandry and fisheries, poultry, horticulture and sericulture as part of a composite approach to modern agriculture.
  • There is also need to encourage the food processing industry to give farmers a better price and a better deal for their produce.


Government Extends Anti-Narcotics Scheme for 3 more years
The government has extended the anti-narcotics scheme for 3 more years to combat illicit trafficking in drugs and psychotropic substance. 
  • The purpose of the scheme is to assist states and Union Territories, which are contributing in controlling the inter-state and cross-border drug trafficking.
The scheme was first launched on 24th October 2004 for a period of five years and later extended twice in subsequent years.  According to the latest assessments, there are approximately 40 lakh drug addicts in the country.


Ministry working on Atal Bhoojal Yojana for water conservation
The water resources ministry is working on an Rs 6,000 crore worth ‘Atal Bhoojal Yojana’ for water conservation.
The scheme is aimed at efficient management of available water resources and strengthening of recharge mechanism through community participation. The emphasis of the scheme will be on recharge of ground water sources and efficient use of water by involving people at the local level.
  • Funding: Rs 6,000 crore has been earmarked for this ambitious plan. Half of the total cost of this central scheme will be supported by the World Bank as loan while the remaining half (Rs 3,000 crore) will be funded by the government through budgetary support.
  • Implementation: The government plans to give 50% of the money to states, including gram panchayats, as incentives for achieving targets in groundwater management. That’s a first-ever move to encourage community participation and behavioural changes. The remaining 50% of the funds will be given to states for strengthening institutional arrangements such as providing a strong database and scientific approach to help them accomplish sustainable management of groundwater.
Ground water in India provides for about 60% of the country’s irrigation needs, 85% of rural drinking water requirements and 50% of urban water needs. Over-exploitation and contamination have left many blocks across the country in a critical stage.


Centre selects Karnataka’s Hampi as ‘Iconic Tourism’ among 10 site
The Centre announced that Karnataka’s Hampi monuments will be among the ten destinations selected as ‘Iconic Tourism’ sites.
  • Hampi was declared as a World Heritage Site by the United Nations for its architectural splendour.
  • In his Union Budget speech, Finance Minister Arun Jaitley had said that the sites will be provided support for holistic infrastructure and skill development.
  • Other selected sites include the Taj Mahal, Konark Sun Temple, and Ajanta and Ellora caves.


Centre plans to merge small savings, PPF laws
In a bid to consolidate the legislations pertaining to small savings schemes, the government is proposing a merger of the various laws into a Government Savings Promotion Act.
  • The government gives highest priority to the interest of small savers, especially savings for the benefit of the girl child, senior citizens and regular savers who form the backbone of our country’s savings architecture.
  • In order to remove existing ambiguities due to multiple Acts and rules for small saving schemes. The government has proposed merger of Government Savings Certificates Act, 1959 and Public Provident Fund Act, 1968 with the Government Savings Banks Act, 1873.”
  • All existing protections have been retained while consolidating PPF Act under the proposed Government Savings Promotion Act.
With a single act, relevant provisions of the Government Savings Certificates (NSC) Act, 1959 and the Public Provident Fund Act, 1968 would stand subsumed in the new amended Act without compromising on any of the functional provision of the existing Act.


All villages to be linked by roads in 2019
As part of the ‘Pradhan Mantri Gram Sadak Yojna’ the center going to efforts to connect all villages through a road network by next year.
  • Earlier, the target to compete these works was 2022 but it has been advanced to 2019.
  • The Pradhan Mantri Gram Sadak Yojana (PMGSY) was launched by the Central government to provide connectivity to unconnected habitations as part of a poverty reduction strategy. This Centrally Sponsored Scheme was introduced in 2000 by the then-prime minister of India Atal Behari Vajpayee.


India’s fastest train to slow down on extended run
According to senior railways officials, India’s fastest train, Gatimaan Express, which runs at a speed of 160 kmph, will slow down to 130 kmph after it is extended to Gwalior and Jhansi.
  • Railway Ministry officials say the Railway Board has taken a decision to extend the route of Gatimaan Express — which runs between Delhi and Agra at a speed of 160 kmph to Gwalior and then to Jhansi. On the new stretch, the train will run at a speed of 130 kmph and not at its original speed.


Railways introduce refurbished Mumbai-Delhi Rajdhani train
Western Railway’s premier Rajdhani Express got refurbished coaches under the ministry’s “Operation Swarn”, a project to improve the aesthetics and comfort levels of passenger trains.
  • The moves come weeks after the Mumbai-Ahmedabad Shatabdi Express got coaches, christened ‘Anubhuti’, with aircraft-like interiors.
  • Mukul Jain, Divisional Railway Manager of WR’s Mumbai division released a special brochure depicting the special features of the newly refurbished Rajdhani Express.


From March 1, no reservation charts on train coaches
From March 1, no reservation charts on train coaches
  • The Railway Ministry believes that this move will contribute to reducing use of both paper and expenditure.
  • The practice will be in place for six months on experimental basis, after which the Ministry will decide on continuing it.
The first such experiment was done in the Bengaluru Division (SBC) of South Western Railway (SWR) in November 2016, which saved paper worth Rs. 21 lakh a year. 


Centre studying plea to ban PFI
Kerala has asked for a ban on the Popular Front of India (PFI), a Muslim organisation that is mainly operating out of the State, Minister of State for Home Affairs Kiren Rijiju has said.
  • The issue was discussed at the annual DGP meet held in Madhya Pradesh’s Tekanpur in January, where Kerala police chief Lokanath Behera gave a detailed presentation on the PFI’s growth and activities in the State.
The Popular Front of India is an extremist and militant Islamic fundamentalist organisation in India formed as a successor to National Development Front (NDF) in 2006. It acquired a multi-state dimension by merging with the National Development Front, Manitha Neethi Pasarai, Karnataka Forum for Dignity and other organisations.


Radio Umang: India's 1st Online Radio Station Launched
India's 1st Online Radio Station 'Radio Umang' was launched recently in India.
Listeners can tune in to this online radio station through web streaming or download the app.
  • With 24 hours programming, it has found listeners in Hindi speaking regions of India and in over 60 countries worldwide.
  • Radio Umang plans to have multiple avenues of revenue, programmatic audio visual ads being primary one besides traditional advertising model.


Special promotion board for Navy officer
The Armed Forces Tribunal has instructed the Navy to constitute a special promotion board for S.S. Luthra, a nuclear submarine engineer, whose allegation that nepotism scuttled his career were upheld by the Supreme Court.
  • The tribunal order came when the Navy and Vice-Admiral P.K. Chaterjee (retd.), who is accused of undermining the careers of highly skilled nuclear engineers, returned to it after the Supreme Court refused to entertain their appeal.
Commander Luthra was one of the 11 nuclear submarine engineers of the Navy trained in Russia to operate and maintain nuclear reactors. However, he and several others were denied promotion allegedly to favour Captain Agashe, son-in-law of Vice-Admiral Chaterjee, who was in the same promotion batch as Commander Luthra.


Rajasthan govt. signed with NDB for Indira Gandhi Canal
Rajasthan Government has signed a new loan agreement with the New Development Bank for restructuring of Indira Gandhi Canal.
  • The restructuring and repairing of Indira Gandhi Canal and its distributaries will help solve the problems of loss of water and water-locking in the agricultural fields.
  • It will also ensure the supply of irrigation water to the farmers at the tail-ends of the Indira Gandhi Canal Project.
The Indira Gandhi Canal is one of the largest canal projects in India. It starts from the Harike Barrage at Harike, a few kilometers below the confluence of the Satluj and Beas rivers in the Indian state of Punjab and terminates in irrigation facilities in the Thar Desert in the north west of Rajasthan state. Previously known as the Rajasthan Canal.


West Bengal becomes first State to opt Out of ‘Modicare’
Claiming that the Bengal government had already enrolled 50 lakh people under its own Swasthya Sathi programme, Chief Minister Mamata Banerjee has announced the decision to opt out of Centre’s ‘Modicare’ scheme.
  • This makes West Bengal the first state to withdraw from the ambitious programme.
Union Finance Minister Arun Jaitley had announced the NHPS on February 1, making it the biggest global plan to provide quality health cover to a population larger than the combined citizenry of the US, UK, Germany and France.


Meghalaya governor inaugurates India, Bangladesh ‘Friendship Gate’
Meghalaya Governor Ganga Prasad inaugurated the “Friendship Gate” constructed with an aim to have a Wagah-like beating retreat ceremony for the Indian and Bangladesh border guards.
  • The Friendship Gate has been constructed near Integrated Check post, 90 km South of capital Shillong on the border with Bangladesh.


SC may hear plea to take up two-child policy norm
The Supreme Court may hear a plea to direct the Centre to give a “serious thought” to the rise in population and adopt the two-child policy norm in family planning.
  • The PIL petition filed by activist Anupam Bajpai said couples who followed the policy should be rewarded with incentives, while those who violated the “norm” should be punished by withdrawal of government “facilities and concessions”.
  • The petition asked the court to direct the Centre to “motivate the people of this country” to follow the norm.
The rapid population growth and economic development in the country are degrading the environment through the uncontrolled growth of urbanisation and industrialisation, expansion and intensification of agriculture and destruction of the natural habitat.


Iran President to address people in Hyderabad mosque
Hyderabad is set to witness a historic event, the first in 325 years, when the President of Iran, Hassan Rouhani, visits the grand Makkah Masjid here to address the weekly congregation.
  • This is perhaps the first time that a head of state will address the Friday congregation (Jumu’ah) at the historic mosque.
  • This is also the first time that the Iranian President will arrive directly in Hyderabad instead of the national capital, New Delhi.
  • Though Dr Rouhani is the second Iranian President to visit Hyderabad, he is the first Iranian head of state who will address the Jumu’ah congregation.


India overtakes the UK in defence spending says report
India has overtaken the United Kingdom in defence spending and broken into the top five but faces considerable lag in comparison to China.
  • The annual report by the International Institute for Strategic Studies (IISS) sees China and Russia challenging the global dominance of the United States and its allies.
India has the fifth largest defence budget in the world, at $52.5 billion in 2017.
It is overtaking the UK whose defence budget fell from $52.5 billion in 2016 to $50.7 billion in 2017.


Israeli police name Tata in case against Netanyahu
The name of Ratan Tata figures in the Israeli police recommendations seeking to indict Prime Minister Benjamin Netanyahu on graft charges, according to an Israeli media report
  • In the so-called Case 1000, in which Mr. Netanyahu and his wife, Sara, are suspected of receiving illicit gifts from billionaire benefactors, Israeli-born Hollywood producer Arnon Milchan and Australian resort owner James Packer, the Indian Industrialist is also said to be a part of a project that Mr. Netanyahu tried to push forward to help Mr. Milchan.
According to the police, the most glaring example of Netanyahu working against Israel’s interests to benefit Milchan was his efforts (to) promote a free trade zone on the Israel-Jordan border, a project the Hollywood producer sought to promote as part of his partnership with Indian industrialist Ratan Naval Tata


Tanzania withdraws from UN refugee programme
Tanzania has decided to withdraw from UN refugee programme for reasons of security and lack of funds. Tanzania has long been considered a safe haven for refugees, particularly from Burundi and the Democratic Republic of Congo.
  • The New York Declaration lays out a vision for a more predictable and more comprehensive response to these crises, known as the Comprehensive Refugee Response Framework, or CRRF.
  • It calls for greater support to refugees and the countries that host them. The New York Declaration for Refugees and Migrants is a milestone for global solidarity and refugee protection at a time of unprecedented displacement across the world.
Adopted by all 193 Member States of the United Nations in September 2016, it contains historic and wide-ranging commitments that reaffirm the commitment by Member States to respect the human rights of refugees and migrants and to support the countries that welcome them.


Myanmar signs a ceasefire with two rebel groups amid decades of conflict
Two ethnic armed groups in Myanmar signed a ceasefire with the government as leader Aung San Suu Kyi seeks to revive a stuttering peace process to end decades of conflict.
  • New Mon State Party and the Lahu Democratic Union signed the National Ceasefire Agreement.
  • They signed the agreement after meeting Suu Kyi and the military’s commander-in-chief senior general Min Aung Hlaing.


RIL to invest in mobile making unit at Tripathi
Mukesh Ambani-led RIL has plans to manufacture 10 million mobile phones per annum in Andhra Pradesh.
  • The RIL is looking for 150 acres of land to start a cell phone manufacturing unit near Tripathi in Chittoor district.


RBI Relaxes Priority Sector Lending Rule for Banks 
Reserve Bank of India has made banks' priority sector norms lenient by saying that all loans to micro small and medium enterprises (MSME) will henceforth qualify as priority sector lending. This was a long time demand from banks. 
  • Till date, loans up to Rs 10 crore per MSME borrower was considered for priority sector calculation. The sub-target for bank lending to the micro enterprises has been 7.50 percent of adjusted net bank credit or credit equivalent amount of off-balance sheet exposure, whichever is higher. Foreign banks will also have to follow 8% sub-target for lending to the small and marginal farmers.


Citibank India bans use of its cards to buy cryptocurrencies
Citibank India has banned the use of its credit and debit cards towards purchase or trading of cryptocurrencies like Bitcoin.
  • It said the decision came following concerns expressed by the RBI regarding potential risks associated with cryptocurrencies.
  • The government had said it will take all measures to eliminate use of cryptocurrencies in illegitimate activities but did not declare them illegal.
A digital currency in which encryption techniques are used to regulate the generation of units of currency and verify the transfer of funds, operating independently of a central bank


PNB fraud amount of Rs.11, 360 crore is 8 times its FY17 profit
The fraud amount of Rs.11,360 crore detected by PNB at a Mumbai branch is equivalent to 8.5 times the bank’s FY17 net profit of Rs.1,325 crore.
  • The amount is also 49 times its December quarter profit of Rs.230 crore. It is also nearly one-third of the bank’s total market capitalization of Rs.35,365 crore


Equitas Bank launches digital savings account
Equitas Small Finance Bank has introduced ‘selfeSavings’, an interactive digital savings account.
  • This account can be opened with the web-based interactive video form by using Aadhaar number, PAN and other basic details.
  • The new selfeSavings account has no minimum balance requirement.
  • It pays an interest rate of 6 per cent per annum for balance below 10 lakh and 6.5 per cent for 10 lakh and above.
Small finance banks are a type of niche banks in India. Banks with a small finance bank license can provide basic banking service of acceptance of deposits and lending. The aim behind these to provide financial inclusion to sections of the economy not being served by other banks, such as small business units, small and marginal farmers, micro and small industries and unorganised sector entities


International Conference for Reconstruction of Iraq
The Kuwaiti capital is hosting the second day of an international conference aimed at raising funds for reconstructing Iraq. It will bring together a number of economically powerful countries, as well as regional and international organizations on contributions to rebuild Iraq after many years of war and conflicts.
  • The conference will also touch on several developments and vital aspects pertaining to Iraq, including the participation of the private sector in the reconstruction process.
The World Bank, as a major contributor to the event, will provide the required investment guarantees for private companies and institutions to participate in the development of Iraq.


India-Russia Agriculture Business Summit Held in New Delhi
India-Russia Agriculture Business Summit 2018 was held in New Delhi. The two countries discussed trade relations in the agricultural sector.
  • The summit was organized by the Ministry of Agriculture & Farmers Welfare.
  • Gajender Singh Shekhawat, Union Minister of State for Agriculture and Sergey Beletskiy, Deputy Minister, Ministry of Agriculture, Russia addressed the India-Russia Agriculture Business Summit.
The Russian and Indian delegations will visit Central State Farm (CSF) in Suratgarh, Rajasthan on 14.2.2018, which was set up in 1956 with assistance from erstwhile USSR.
  • Union Minister of State for Agriculture & Farmers Welfare and Deputy Minister of Russia will inaugurate Russian Machinery Museum, address a gathering of farmers in which the veterans of the farm will be facilitated, and also visit Cattle Breeding Centre. Russian scientists helped in laying the foundation of agriculture in the deserts of Thar, which brought about a change in the agriculture farming in nearby areas including fringe area of Punjab.


Narendra Modi to address global IT event in Hyderabad on Feb 19
Prime Minister Narendra Modi will deliver the inaugural address at the World Congress on Information Technology 2018 (WCIT) in Hyderabad from February 19.
  • Telangana principal secretary for IT and Industries Jayesh Ranjan has confirmed that Modi will be delivering the inaugural address through a video link.
  • This is for the first time that the WICT is being held in the country.


India to host 8th Theatre Olympics
In an effort to put India firmly among the top nations in the world theatre map, the country will play host to the 8th Theatre Olympics, the greatest carnival of thespianism.
  • The 51-day theatre extravaganza which will be inaugurated at Red Fort, will see 450 shows including 65 shows by international artistes, 600 ambient performances and 250 youth forum shows.


CPN-UML formally names KP Sharma Oli as Nepal’s next PM
The victorious CPN-UML party on Wednesday formally named its chairman, KP Sharma Oli, as Nepal’s next prime minister.
  • A meeting of the party’s standing committee proposed Oli as the next premier with the support of its leftist ally.
  • Oli will formally stake a claim at the President’s Office as soon as Prime Minister Sher Bahadur Deuba puts in his papers after chairing a final meeting of his cabinet.


Chandrashekhara Kambara Elected New President of Sahitya Akademi
Kannada litterateur Chandrashekar Kambar has been elected as president of the Sahitya Akademi in the election held for the post.
  • He has replaced Vishwanath Prasad Tiwari. Hindi poet Madhav Koushik has been elected as vice-president.
  • This is the second time election was held in the history of Sahitya Akademi, after Ananthamurthy’s election to the post. Prof. 


NITI Aayog official appoints Dinesh Arora as PM’s healthcare programme director
Dinesh Arora, director (health) at a federal policy think tank Niti Aayog, was appointed as director of the prime minister’s flagship healthcare programme.
  • The 41-year-old Arora, who is been working on the programme for more than a month before it was announced in the budget.
  • He is a qualified doctor and has worked in public health in the past, heading the National Rural Health Mission in Kerala from May 2006 to September 2009.


Ashok Das appointed Indian envoy to Brazil
Ashok Das, a 1987 batch Indian Foreign Service (IFS) officer, was on Tuesday named India’s new Ambassador to Brazil.
  • Das, presently additional secretary in the external affairs ministry, is expected to take up his assignment shortly.
  • Das earlier served as India’s Ambassador to Iceland. He has also served in the Indian diplomatic missions in Portugal, Cambodia, US, Canada and Bangladesh.


Jacob Zuma Resigns As South Africa's President
South Africa's embattled President Jacob Zuma has resigned. He announced the decision in a televised address to the nation after the ruling African National Congress (ANC) party threatened to eject him from office via a parliamentary vote of no confidence today. 
  • The 75-year-old, who was the country's President for the last 9 years, has been under increasing pressure to give way to Deputy President Cyril Ramaphosa, ANC's new leader.
  • Mr Zuma's resignation followed weeks of intense public pressure to step down amid long-standing corruption allegations.


Hello, Universe wins children’s book award
Erin Entrada Kelly’s Hello, Universe , a nuanced account of a diverse group of middle-school students and their unexpected encounters, has won the John Newbery Medal for the outstanding children’s book of 2017.
  • The Randolph Caldecott Medal for best illustration went to Matthew Cordell and his near-wordless story of a girl and the wolf pup she saves, Wolf in the Snow
  • The awards were announced on Monday by the American Library Association, which has gathered in Denver for its annual mid-winter meeting.
  • Both the Newbery and Caldecott medals are more than 80 years old. Jacqueline Woodson received the Laura Ingalls Wilder award for lifetime achievement.


Tata Steel wins ‘most ethical company’ award
Tata Steel has been recognized by Ethisphere Institute, a global leader in defining and advancing the standards of ethical business practices, as the World’s Most Ethical Company for the year 2018.
  • The company has received the award for the sixth time in the ‘Metals, Minerals and Mining’ category.
  • IT company WIPRO has also won the award in a separate category.


Tamil Nadu Wins Senior Women's National Football Championship For First Time
Tamil Nadu has won the Senior Women's National Football Championship for the first time. Tamil Nadu, which was playing its first-ever final, defeated Manipur, 2-1 at the Barabati Stadium in Cuttack, Odisha. 
  • Skipper Indumathi and Indrani found the net for Tamil Nadu, while Ratanbala scored Manipur's only goal. 


Rohit Sharma becomes 2nd Indian to hit most sixes
India opener Rohit Sharma slammed four sixes against South Africa in the fifth ODI to take his sixes tally in international cricket to 265, the second-most by an Indian player.
  • Sharma surpassed Sachin Tendulkar, who slammed 264 international sixes, and is only behind MS Dhoni (338 sixes).


Virat Kohli’s Team India first to win an ODI series in SA
After over 25 years of touring South Africa, an Indian cricket team has managed to beat South Africa in an ODI series.
  • Kohli thus became the first Indian captain to win an ODI series in South Africa.
  • India’s long-awaited ODI series triumph on South African soil came after six tours, dating back to 1992. 



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