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TRANSCRIPT
Current Affairs March 2018
PDF Capsule
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Current Affairs PDF : March 2018
Current Affairs for Competitive Exam Contents
INDIAN AFFAIRS ............................................................................................................................................................ 3
CABINET APPROVALS ............................................................................................................................................. 3
SCHEMES ................................................................................................................................................................... 13
LAUNCHES & INAUGURATIONS ......................................................................................................................... 14
FESTIVALS ................................................................................................................................................................ 25
OTHER NEWS RELATED TO INDIAN AFFAIRS .............................................................................................. 26
INTERNATIONAL AFFAIRS....................................................................................................................................... 57
VISITS ............................................................................................................................................................................. 67
INDIAN VISITS ......................................................................................................................................................... 67
FOREIGN VISITS ...................................................................................................................................................... 71
BANKING & FINANCE ................................................................................................................................................. 72
RBI in News .............................................................................................................................................................. 72
Technology in Banking ........................................................................................................................................ 75
OTHER BANK & FINANCE RELATED NEWS .................................................................................................... 78
MOU’S/AGREEMENTS IN NEWS ............................................................................................................................. 89
COMMITTEES & MEETING ....................................................................................................................................... 94
SUMMITS & CONFERENCE ........................................................................................................................................ 96
INDEXES ...................................................................................................................................................................... 100
RANKINGS .............................................................................................................................................................. 100
REPORTS ................................................................................................................................................................ 103
BUSINESS .................................................................................................................................................................... 105
AWARDS & RECOGNITIONS .................................................................................................................................. 113
APPOINTMENTS & RESIGNATIONS ................................................................................................................... 122
ACQUISITIONS & MERGERS .................................................................................................................................. 138
SCIENCE & TECHNOLOGY ...................................................................................................................................... 139
DEFENCE ..................................................................................................................................................................... 148
ENVIRONMENT ......................................................................................................................................................... 153
SPORTS ........................................................................................................................................................................ 153
OBITUARY .................................................................................................................................................................. 164
BOOKS & AUTHORS ................................................................................................................................................ 170
IMPORTANT DAYS ................................................................................................................................................... 171
STATIC INFORMATIONS FROM CURRENT AFFAIRS ..................................................................................... 176
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INDIAN AFFAIRS
CABINET APPROVALS
Cabinet Approvals on February 28 2018
On February 28, 2018, Union Cabinet chaired by Prime Minister Narendra Modi approved following
initiatives:
Centres doubles guarantee for procurement of pulses, oilseeds at MSP
Cabinet Committee on Economic Affairs has approved a proposal to double the guarantee for
availing credit by National Agricultural Cooperative Marketing Federation
of India (NAFED) from Rs 9500 crore to Rs 19000 crore for procuring pulses and oilseeds at the
Minimum Support Price (MSP).
Cabinet approves amendments to multiple allowances for MPs
Union Cabinet has approved amendments to Housing and Telephone Facilities Rules, Constituency
allowance rules and office expense allowance rules for Members of Parliament (MPs).
• Owing to these amendments, a Government fund for furniture at the residences of
Members of Parliament has been hiked from Rs. 75000 to Rs. 100000, Constituency
Allowance has been hiked from Rs. 45000 to Rs. 70000 and Office Expense
Allowance for Members of Parliament has been increased from Rs. 45000/- per
month to Rs. 60000/- per month.It shall be increased after every five years starting
from April 1, 2023 on the basis of Cost Inflation Index.
Cabinet approves bill to tackle human trafficking, improve rehabilitation of victims
Union Cabinet has approved Trafficking of Persons (Prevention, Protection and
Rehabilitation) Bill, 2018, to deal with ‘Trafficking in human beings’, which is the third largest
organized crime violating basic human rights. Victims are entitled to interim relief
immediately within 30 days
Cabinet approves continuation of PMEGP beyond 12th Plan for 3 years
Union Cabinet has approved the continuation of Prime Minister's Employment Generation
Programme (PMEGP) beyond the 12th Plan period (2012-2017) for three years up to
2019-20.
• PMEGP is a credit linked subsidy programme for generation of employment opportunities
through establishment of micro enterprises in rural as well as urban areas.
• 74Khadi and Village Industries Commission (KVIC) is the nodal implementation agency for
implementation of PMEGP at national level.
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Cabinet Approvals with Foreign Countries on February 28 2018
On February 28, 2018, Union Cabinet Chaired by Prime Minister Narendra Modi approved
following bilateral agreements.
Cabinet apprised of an MoU between India and Fiji on Cooperation in Renewable Energy
• This MoU was signed on May 24, 2017 at Suva, Fiji.Objective of the MoU is to
encourage and promote technical bilateral cooperation between India and Fiji on new and
renewable energy issues.
Cabinet approves MoU between India and Macedonia on cooperation in the field of Health
Areas of cooperation covered under this MoU includes capacity building and short term training
of human resources in health, exchange of doctors and health professionals and
assistance in setting up healthcare facilities.
Cabinet approves MoU between India and Jordan on Cooperation in Field of Manpower
Objective of this memorandum of understanding (MoU) is to enhance collaboration between
India and Jordan in promoting best practices in the administration of contractual
employment, implementing latest reforms in recruitment processes and enhance the
protection and welfare of Indian workers in Jordan.by using online portal This MoU will be
valid for a period of five years.
Cabinet approves MoU with Jordan for mining project
Union Cabinet has approved the signing of a Memorandum of Understanding (MoU) between India
and Jordan for mining and beneficiation of Rock Phosphate & Muriate of Potash
(MOP) and setting up production facility in Jordan for Phosphoric Acid/ Diammonium
phosphate (DAP)/NPK Fertilizers.
Cabinet approves Agreement between India and Jordan on Cooperation in Customs
Matters
Union Cabinet has approved the signing and ratifying an Agreement between India and Jordan on
Cooperation and Mutual Administrative Assistance in Customs Matters.This agreement will not
only facilitate exchange of relevant information for the prevention and investigation of
Customs offences but will also ensure efficient clearance of goods traded between India
and Jordan.
Cabinet approves MoU between India and Vietnam on Economic and Trade Cooperation
This MoU will lead to expansion of bilateral trade and economic cooperation between India and
Vietnam
Cabinet approves Establishment of National Financial Reporting Authority
On March 1, 2018, Union Cabinet chaired by the Prime Minister Narendra Modi approved the
proposal for establishment of National Financial Reporting Authority (NFRA). The NFRA will
have a Chairperson, a Secretary and three full-time Members. Independent regulator for the
auditing profession.
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• Jurisdiction: Chartered Accountants and their firms, listed companies, large unlisted public
companies and other entities for investigation where public interest would be involved.
• Need, as per situation: For enforcement of auditing standards and ensuring the quality of
audits in order to maintain investor and public confidence in financial disclosures of
companies.
• On March 1, 2018, Union Cabinet approved the Fugitive Economic Offenders Bill,
2018 to deal with those who escape overseas after committing financial malpractices in
India.
• As per the bill, a Fugitive Economic Offender is a person who has an arrest warrant
issued in respect of a scheduled offence and who leaves or has left India so as to
avoid criminal prosecution, or refuses to return to India to face criminal
prosecution.
The Bill gives powers to the government to confiscate property of such Fugitive Economic Offenders
Centre approves Rs 2900 crore to make cities safer for women
On March 1, 2018, Central Government approved projects worth Rs 2919.55 crore under the
‘Nirbhaya Fund’ for eight major cities of India, in order to make them safer for women.
i. The projects have been approved for Delhi, Mumbai, Kolkata, Chennai, Bengaluru,
Hyderabad Ahmedabad and Lucknow.
ii. In Delhi, the projects include, deploying latest technologies, such as video monitoring, facial
recognition analytics and tracking of people. One of the projects which will be implemented in
Mumbai is strengthening the "Police Didi" programme, under which women police personnel interact
with women living in slums.
iii. These proposals have been sanctioned for a period of three years. Cost for implementing
these projects will be borne by Central and State Government in 60:40 ratio.
v. Nirbhaya Fund was set up after the brutal gangrape and murder of a paramedical student in
Delhi in 2012. It was announced in Union Budget 2013. It is a non-lapsable corpus fund
dedicated to support implementation of initiatives for enhancing the safety and security
for women in India.
Cabinet Approvals on March 7, 2018
On 7th March 2018, Union Cabinet chaired by Prime Minister Narendra Modi approved the following
initiatives:
Cabinet approves the Arbitration and Conciliation (Amendment) Bill, 2018:
The Union Cabinet has approved the Arbitration and Conciliation (Amendment) Bill, 2018
for introduction in the Parliament. The Amendments in the Act of 1996 will help in improving
institutional arbitration and establish Alternative Dispute Resolution (ADR) mechanism in India.
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Cabinet approves two percent Dearness Allowance to Central Government employees:
The Union Cabinet has approved to release an additional instalment of Dearness Allowance (DA) to
Central Government employees and Dearness Relief (DR) to pensioners with effect from
01.01.2018 corresponding an increase of 2% over the existing rate of 5% of the Basic Pay/Pension,
to compensate for price rise.
Cabinet approves Recommendations of Inter-Ministerial Group on Stressed Assets in
Telecom Sector:
• By giving one-time opportunity to opt for higher number of instalment (maximum 16
instalment) apart from currently permitted 10 instalments.
• The total amount received will be higher by Rs. 74446.01 crore till 2034-35.
Revision of limits of cap for spectrum holding
Based on recommendations of TRAI and Telecom Commission, the Cabinet approved the revision of
limits of cap for spectrum holding as follows:
• The overall spectrum cap is revised from the current limit of 25% to 35%.
• There will be no cap for individual or combined spectrum holding in above 1 GHz band.
Cabinet approves continuation of Swatantra Sainik Samman Yojana (SSSY) during 2017-
2020:
The Union Cabinet has approved the continuation of Swatantra Sainik Samman Yojana (SSSY)
during 2017-2020 beyond the 12th Five Year Plan which ended on 31/03/2017.The financial
implication for continuing SSSY during 2017-2020 will be Rs. 2552.93 crore.
Cabinet approves a Memorandum of Cooperation between India and France in the field of
environment:
The Union Cabinet has approved signing of a Memorandum of Cooperation between India and
France in the field of environment.
Cabinet approves agri mechanisation promotion for crop residue management:
The Cabinet Committee on Economic Affairs has approved for promotion of Agricultural
Mechanization for in-situ Management of Crop Residue in Punjab, Haryana, Uttar Pradesh
and NCT of Delhi.The total outgo from the Central funds will be Rs. 1151.80 crore
Cabinet Approvals with Foreign Countries on March 7 2018
On 7th March 2018, the Union Cabinet chaired by Prime Minister Narendra Modi approved the
following initiatives.
Cabinet approves signing of Migration and Mobility Partnership Agreement between India
and France:
• This agreement is a milestone in improving people-to-people contacts, mobility of students,
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academics, researchers and skilled professionals and enhancing cooperation on irregular
migration and human trafficking issues.It is initially valid for 7 years
Cabinet approves signing of Agreement with France to facilitate MRAQ (Mutual
Recognition of Academic Qualifications):
• This agreement will help in strengthening educational ties between India and France.
• It will encourage excellence in higher education through innovative
partnerships/collaborations and research activities, improving the quality of education in
India.
Cabinet approves agreement with France to prevent illicit Drugs:
The Union Cabinet has approved an Agreement between India and France on the Prevention of
the Illicit Consumption and Reduction of Illicit Traffic in Narcotic Drugs, Psychotropic
Substances and Chemical Precursors, and related offences.
Cabinet approves an MoU between India and Hellenic on Renewable Energy Cooperation:
The Union Cabinet has been informed about MoU on Cooperation in the field of Renewable Energy
between India and Hellenic.India and Hellenic aim to develop the basis for a cooperative
institutional relationship to promote technical bilateral cooperation on new and renewable issues
based on mutual benefit equality and reciprocity.
Cabinet approves MoU between UPSC and Public Service Commission of Mauritius:
• Areas of co-operation are: Exchange of information on modern approach to public service
recruitment and selection, books, manuals and other documents which are not confidential,
use of Information Technology (IT) in the preparation of written examinations.
Cabinet approves Commercial Courts, Commercial Division and Commercial Division of
High Courts Bill
On 7th March 2018, the Union Cabinet chaired by Prime Minister Narendra Modi approved
the Commercial Courts, Commercial Division and Commercial Appellate Division of High
Courts (Amendment) Bill, 2018 for introduction in the Parliament.
Following are the objectives of the bill:
• The Bill brings down the specified value of a commercial dispute to 3 Lakhs from the
current 1 Crore. Hence, commercial disputes of a reasonable value can be decided
by commercial courts.
• This will reduce time taken (presently 1445 days) to resolve commercial disputes
of lesser value and will improve India's ranking in the Ease of Doing Business.
• It provides for establishment of Commercial Courts at district Judge level for the
territories over which respective High Courts have ordinary original civil
jurisdiction i.e. in Chennai, Delhi, Kolkata, Mumbai and State of Himachal Pradesh.
• The State Governments, in such territories may specify value of commercial disputes to be
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adjudicated at the district level, which shall 'not be less than 3 lakhs rupees and not more
than the pecuniary jurisdiction of the district court.
• Inclusion of new section of 21A which enables Central Government to make rules and
procedures for PIM.
Cabinet Approvals on March 14, 2018
On March 14, 2018, Union Cabinet chaired by Prime Minister Narendra Modi approved
following bilateral agreements and initiatives.
Cabinet approves the MoU between India and Iran in field of Traditional Systems of
Medicine
• Moreover, India and Iran both have huge biodiversity offering rare medicinal plants which
are frequently used in Traditional Systems of Medicine.
Cabinet approves MoU between India and Iran in agriculture and allied sectors
This MoU was signed on February 17, 2018 during the visit of Hassan Rouhani, the President of Iran
to India.
• The MoU envisages cooperation between India and Iran in the areas of agricultural crops,
horticulture, machinery, agricultural extension, post harvest technology and plant quarantine
measures.
Cabinet approves Agreement on Avoidance of Double Taxation and Fiscal Evasion
between India and Iran
This agreement deals with the matter of Avoidance of Double Taxation and the Prevention of Fiscal
Evasion (with respect to taxes on income) between India and Iran.
• This agreement is in accordance with Section 90 of the Income Tax Act, 1961 which
authorises
Cabinet apprised of MoU between India and Sri Lanka in the field of Information
Technology and Electronics
This MoU was signed on January 15, 2018 during Union Minister of Law & Justice and Electronics &
Information Technology, Ravi Shankar Prasad’s visit to Sri Lanka.
• The MoU envisages co-operation between India and Sri Lanka in the areas of e-Governance,
e-Public Services Delivery, m-Governance, cyber security, start-ups ecosystem, software
technology parks etc.
Cabinet approves continuation of ongoing urea subsidy scheme beyond 12th Five Year
Plan
Cabinet Committee on Economic Affairs has approved the proposal of Department of
Fertilizers to continue Urea Subsidy Scheme beyond 12th plan period (2012 – 2017) up to 2019-
20.
• The decision to continue Urea Subsidy Scheme has been taken to ensure the timely payment
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of subsidy to the urea manufacturers which in turn will ensure timely availability of urea to
farmers.This extension of three years will cost Rs. 164935 crore.
On March 21, 2018, Union Cabinet chaired by Prime Minister Narendra Modi approved following
initiatives:
Cabinet Approves Scheduled Tribes Status to 2 Communities In Karnataka
On March 21, 2018, Union Cabinet gave ‘in-principle’ approval to inclusion of 2 communities -
'Parivara' and 'Talawara' - in the list of Scheduled Tribes (STs) in Karnataka.
• Karnataka State Government had recommended inclusion of the Parivara and Talawara
communities as synonyms of "Nayaka".
Cabinet approves Opening of Missions in Africa to implement IAFS-III
Union Cabinet has approved the opening of 18 new Indian Missions in Africa over a four year period
from 2018-2021 to implement commitments of India-Africa Forum Summit (IAFS-III).
Cabinet approves North-East Industrial Development Scheme (NEIDS) 2017
Objective of NEIDS 2017 is to promote employment in the North Eastern States of India, by
providing incentives, primarily to the Micro Small and Medium Enterprises (MSME) Sector.
NEIDS 2017 has been approved with financial outlay of Rs.3000 crore up to March, 2020.
Cabinet approves Ayushman Bharat – National Health Protection Mission
Union Cabinet has approved the launch of a new Centrally Sponsored Ayushman Bharat -National
Health Protection Mission (AB-NHPM), which was announced in Union Budget 2018.
• AB-NHPM will provide a benefit cover of Rs. 5 lakh per family per year.
• More than 10 crore families belonging to poor and vulnerable population (based on Socio-
Economic Caste Census database) will be the target beneficiaries of this scheme.
• It will subsume the on-going centrally sponsored schemes –Rashtriya Swasthya Bima Yojana
(RSBY) and the Senior Citizen Health Insurance Scheme (SCHIS).
Cabinet Approves Moving Official Amendments to Ban Commercial Surrogacy in India
Union Cabinet has given approval for moving official amendments in 'Surrogacy (Regulation) Bill,
2016', aimed at banning commercial surrogacy and allowing ethical surrogacy to needy infertile
couples.
Cabinet Committee on Economic Affairs (CCEA) has allowed ITI Ltd to bring a Further
Public Offer (FPO) for fresh equity shares in order to achieve 25 per cent Minimum Public
Shareholding requirement of Securities and Exchange Board of India (SEBI), raise working capital
for new projects and to reduce its debt obligations.
Cabinet approves continuation of higher education mission
Cabinet Committee on Economic Affairs has given its approval for continuation of Centrally
Sponsored Scheme of Rashtriya Uchchatar Shiksha Abhiyan (RUSA)from April 1, 2017 to March 31,
2020.RUSA was launched in year 2013; however, implementation in its right earnest began after
May 2016.Objective of RUSA is to provide strategic central funding to State/UT Higher Education
Departments and Institutions and thereby facilitating equitable access to superior quality higher
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education.
Cabinet approves central sector sericulture scheme
Cabinet Committee on Economic Affairs has given its approval for Central Sector
Scheme "Integrated Scheme for Development of Silk Industry" for the period 2017-18 to
2019-20.The scheme includes interventions geared towards increasing silk production from the
level of 30348 MTs during 2016-17 to 38500 MTs by end of 2019-20.
Cabinet approves revised DTAA pact with Qatar
Union Cabinet has given its approval for revision of the Agreement between India and Qatar for the
avoidance of double taxation and for the prevention of fiscal evasion with respect to taxes on
income.The existing Double Taxation Avoidance Agreement (DTAA) between India and Qatar was
signed on April 7, 1999 and came into force on January 15, 2000.
Cabinet apprised of MoU between India and Guyana on cooperation in Renewable Energy
• The MoU contains a framework for a cooperative institutional relationship between India and
Guyana to encourage and promote technical bilateral cooperation on new and renewable
energy.Till March 2015, foundation received only Rs. 36.80 Lakhs as donation from overseas
Indian community.
Cabinet approves formation of TCIL's subsidiary in US
Union Cabinet has approved the formation of a wholly owned subsidiary company
of Telecommunications Consultants India Ltd (TCIL) in the US for information communication
and technology (ICT) related work.
• Formation of this subsidiary entails an investment of USD 5 million, which shall be done
in a phased manner.
Cabinet Approvals
On March 28, 2018, Union Cabinet chaired by Prime Minister Narendra Modi, approved
following initiatives:
Cabinet approves NSDF, NSDC restructuring
• The approval will now make way for restructuring the composition of the Boards of NSDF and
NSDC in order to strengthen governance, implementation and monitoring framework.
• The restructuring will not only ensure better corporate governance, transparency and
accountability in operations of NSDC but will also strengthen the oversight role of NSDF.
Quick Facts about NSDC:
Founded in – 2008
Headquarters – New Delhi
Founded by – Union Ministry of Finance
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Cabinet gives nod to amendments in NMC Bill
Union cabinet has approved certain amendments to the National Medical Commission (NMC)
Bill. NMC is expected to replace the much criticised Medical Council of India.
• Punishment for any unauthorised practice of medicine has been made severe by
including a provision for imprisonment of up to one year along with a fine extending
up to Rs 5 lakh.
• Final MBBS examination would be held as a common exam throughout India and would serve
as an exit test to be called the National Exit Test (NEXT).
Cabinet approves continuation of Credit Guarantee Fund Scheme for Education Loans
Cabinet Committee on Economic Affairs has given its approval for continuation of Credit Guarantee
Fund for Education Loans (CGFEL) Scheme and continuation and modification of Central Sector
Interest Subsidy (CSIS) Scheme.
About CGFEL & CSIS:
Under CSIS (launched in April 2009), full interest subsidy is provided for the education loan taken
from Scheduled Banks under the Model Education Loan Scheme of Indian Banks' Association.
• CSIS scheme is available for all the professional/technical courses in India.
Students with annual gross parental income up to Rs. 4.5 lakhs are eligible for this
scheme.
• CGFEL provides guarantee for the education loan under the Model Education Loan
Scheme of Indian Banks' Association for a maximum loan amount of Rs. 7.5 Lakhs.
Cabinet approves Export of all edible oils in bulk (except mustard oil)
Cabinet Committee on Economic Affairs has approved the proposal of Union Ministry of Commerce
& Industry for removal of prohibition on export of all varieties of edible oils except mustard oil.
• Removing of restrictions on export of all edible oils will provide additional marketing
avenues for edible oils and oilseeds and will benefit the farmers as oilseeds will fetch
better price owing to export demand.
CCEA approves formulation of new Integrated Scheme for School Education
Cabinet Committee on Economic Affairs (CCEA) has approved the proposal of Department of School
Education and Literacy to formulate a Integrated Scheme on School Education.
• As per the proposal, Integrated Scheme on School Education will subsume
Sarva Shiksha Abhiyan (SSA), Rashtriya Madhyamik Shiksha Abhiyan (RMSA) and
Teacher Education (TE) from 1st April, 2018 to 31st March, 2020.
• CCEA has also approved financial allocation of Rs 75000 crore for this scheme.
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Cabinet approves enhancing the coverage of Pradhan Mantri Rojgar Protsahan Yojana
On March 28, 2018, CCEA gave approval for enhancing the scope of Pradhan Mantri Rojgar
Protsahan Yojana (PMRPY).
Cabinet approves strengthening of Krishi Vigyan Kendras
Cabinet Committee on Economic Affairs has approved the proposal of the Department of
Agricultural Research and Education for continuation/strengthening (up to 2019-20) of 669 Krishi
Vigyan Kendras (KVKs) that were established till March 31, 2017.
• Total financial outlay for this purpose shall be of Rs 282400 lakh spanning across
2017-20.
Cabinet approves subsidy rates for P&K fertilizers
Cabinet Committee on Economic Affairs (CCEA) has approved the proposal of the Department of
Fertilizers to fix Nutrient Based Subsidy (NBS) rates for Phosphatic and Potassic (P&K)
Fertilizers for 2018-19.
• Subsidy for nitrogen is Rs 18.9 per kg, for phosphorus it is Rs 15.2 per kg, for potash
its is Rs. 11.12 per kg and for Sulphur it is Rs 2.72 per kg.
• During 2018-19, Government will be spending Rs 23007 crore for release of
subsidy on P&K Fertilizers.
Cabinet Approvals with Foreign Countries
On March 28, 2018, Union Cabinet chaired by Prime Minister Narendra Modi, approved
following bilateral agreements:
Cabinet approves MoU between India and Zambia in the field of Judicial Cooperation
This Memorandum of Understanding (MoU) will strengthen relations between India and Zambia and
add new dimensions in the field of judicial reforms.
• It is to be noted that social, cultural and commercial relations between India and
Zambia have developed in the positive direction during recent years.
Cabinet approves MoU between India and United Kingdom and Northern Ireland
This MoU is regarding cooperation and exchange of information for the purposes of combating
international criminality and tackling serious organised crime.
• The latest MoU will further strengthen cooperation between India and UK in fighting
international criminality and serious organized crime.
Cabinet approves MoU between India and South Asia Cooperative Environment
Programme
This MoU is regarding cooperation on the response to Oil and Chemical Pollution in the South Asian
Seas Region.
• It envisages closer cooperation between India and other maritime nations
comprising the South Asian seas region (Bangladesh, Maldives, Pakistan and Sri
Lanka) for protection and preservation of marine environment in the region.
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• Indian Coast Guard (ICG) will be the Competent National Authority and national
operational contact point for implementation of Regional Oil Spill Contingency Plan.
• Regional Oil Spill Contingency Plan was jointly developed by SACEP and International
Maritime Organisation (IMO) to facilitate international co-operation and mutual
assistance in preparing and responding to a major oil pollution incident in the seas
around India, Bangladesh, Maldives, Pakistan and Sri Lanka.
Quick facts about South Asia Cooperative Environment Programme:
Established in – 1982
Objective – to promote and support protection, management and enhancement of the environment
in South Asian Seas region
Secretariat – Colombo, Sri Lanka
Cabinet approves MoU between India and Canada on IPRs
Union Cabinet has given its ex-post approval for the Memorandum of Understanding (MoU)
between India and Canada to establish bilateral cooperation in the field of Intellectual
Property Rights (IPRs).
• This MoU was signed on February 23, 2018.
• As per the terms of the MoU, a broad and flexible framework will be established
through which, both countries can exchange best practices and work together on
training programs and technical exchanges to raise awareness and protect IPRs.
SCHEMES Lakshadweep joins UDAY scheme
On 28th February 2018,The Union Territory of Lakshadweep and the Government of India signed a
MoU under the UDAY Scheme. This will ensure operational turnaround of Lakshadweep’s Electricity
Department.
Lakshadweep will receive an overall net benefit of around Rs. 8 crore through the UDAY
Scheme.
Karnataka unveils healthcare scheme Arogya Karnataka
On March 2, 2018, Karnataka Chief Minister, Siddaramaiah unveiled ‘Arogya Karnataka'
(Healthy Karnataka), a healthcare scheme to provide quality primary, secondary and tertiary
treatment to Below Poverty Line (BPL) and Above Poverty Line (APL) families in Karnataka.
i. Under this scheme,BPL households in the state will get free treatment at government
hospitals.
ii. For APL households, the State Government will bear about 30 per cent of the treatment
cost.
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KUSUM scheme to install grid connected solar plants in rural India
On March 15, 2018, R.K. Singh, Union Minister of State (Independent Charge) Power and
New & Renewable Energy informed Lok Sabha that Central Government is in the process of
formulating a ‘Kisan Urja Suraksha evam Utthaan Mahabhiyan (KUSUM)’ scheme.
i. KUSUM scheme envisages, installation of grid-connected solar power plants each of
capacity up to 2 MW in the rural areas and installation of standalone off-grid solar water pumps
to fulfill irrigation needs of farmers not connected to grid.
ii. Under KUSUM, farmers will be able to sell surplus solar power generated to power distribution
companies (DISCOMs) and get extra income.
iii. Besides, KUSUM is also aimed at solarization of tube-wells and lift irrigation projects of
Government sector.
LAUNCHES & INAUGURATIONS
Tamil Nadu Government unveils 24 hour Toll Free Helpline to provide information on
education
i.On 1st March 2018, Tamil Nadu Chief Minister K Palaniswami launched the toll free number
14417 a 24-hour helpline, claiming to be the first in India, to offer information and guidance on
education to students. It was said that the help line was set up at a cost of Rs two crore.
ii.Tamil Nadu School Education Minister K A Sengottaiyan, Tamil Nadu Chief Secretary, Girija
Vaidyanathan and few other officials were present at the occasion.
First Mega Food Park in Maharashtra at Satara inaugurated
On 1st March 2018, M/s Satara Mega Food Park Pvt. Ltd., the first Mega Food Park in Maharashtra &
12th Mega Food Park put to function in India,was inaugurated by Harsimrat Kaur Badal,
Minister of Food Processing Industries at Degaon village, Satara district of Maharashtra.
Harsimrat Kaur Badal said that, the Mega Food Park will involve an additional investment of nearly
Rs. 250 crores in 25-30 food processing units in the park. It will bring a turnover of around Rs.
450-500 crore every year.
World's largest solar park Shakti Sthala launched in Karnataka
On 1st March 2018, Karnataka Chief Minister Siddaramaiah inaugurated ‘Shakti Sthala’ a solar
power park with 2,000 megawatt capacity at Pavagada in Tumakuru district of Karnataka.
Karnataka has become the third-largest producer of renewable energy in India.
i. The Shakti Sthala is built on an area of 13,000 acres. It was set up at a cost of Rs 165 billion.
ii. It generated 600 MW power as of January 2018. Additional 1,400 MW would be generated by
December 2018.
iii. Karnataka Energy Minister D. K. Shivakumar said that, farmers of the Pavagada region who
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have leased out land for the park are partners and beneficiaries of Shakti Sthala.
hey have rented their lands for Rs 21,000 per acre per annum
Odisha launches scheme 'KHUSHI' to provide free sanitary pads
On 26th February 2018, the Odisha Chief Minister Naveen Patnaik launched the scheme
'Khushi'. This will offer free sanitary pads for girl students from Class 6 to 12 studying in all
government and government-aided schools of Odisha.
i. He said that, this scheme will help in improving health and hygiene of adolescent girls and in
higher retention of girl students in school.
ii. Odisha Health Minister Pratap Jena said that, Odisha government will also provide sanitary
pads at a subsidised price to rural women through ASHA (Accredited Social Health Activist)
workers.
Odisha govt launches 'Ama Gaon, Ama Vikas' programme
Odisha State Government has launched 'Ama Gaon, Ama Vikas' video vans (our village, our
development) programme with an objective to reach out to the people in rural areas of Odisha
and involve them in developmental activities through this video vans.
i. These video vans will move across Odisha and will highlight various welfare schemes of
Government.
ii. Through the Wi-fi enabled video walls in these vans, people would be able to send their
grievances directly to the Chief Ministers’ Office Secretariat in Bhubaneswar
I&B Minister Smiriti Irani inaugurates FICCI Frame in Mumbai
On March 5, 2018, Union Information and Broadcasting Minister, Smiriti Irani inaugurated
2018 edition of FICCI Frames in Mumbai.
i.This annual convention on the film and entertainment market is a three-day global convention
covering the entire gamut of Media and Entertainment Industry viz. films, broadcasts (TV & Radio),
Print Media etc.
ii. Nearly 2000 Indian and 800 foreign delegates from Media and Entertainment sector will be
attending this event.
iii. 35 knowledge sessions will be conducted during the course of this event and 200 high profile
speakers from across the world will share their views.
India's first helicopter taxi service launched in Bengaluru
India's first helicopter taxi service (heli taxi) was launched in Bengaluru on March 5, 2018
i. The first trip of the heli taxi was between Electronic City and Kempegowda International Airport in
Bengaluru and was completed in 15 minutes.
ii. This service has been launched by Kerala-based Thumby Aviation Private Limited, using a
Bell 407 helicopter with a capacity of six passengers.Seats can be booked online by downloading
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the Thumby mobile app (Heli Taxii).
iii. The fare for this route is fixed at Rs 3500 per seat plus Goods and Services Tax (GST) at 18%.
First cyber police station of Haryana established in Gurugram
On 7th March 2018, Haryana’s first cyber police station was inaugurated in Gurugram, to
facilitate registration of cyber offence related cases.
i. CEO of Gurugram Metropolitan Development Authority, V Umashankar along with Sandeep
Khirwar, Commissioner of Police, Gurugram, inaugurated the cyber police station at DLF office in
Gurugram.
ii. The building for the cyber police station has been provided by DLF in Phase 5. The cyberpolice
station has sufficient number of trained manpower already.
Government announces launch of ‘SUVIDHA’ under PMBJP
On 8th March 2018, Ananthkumar, Union Minister for Chemicals & Fertilizers and Parliamentary
Affairs, announced the launch of ‘Suvidha’, the 100% Oxo-biodegradable Sanitary Pad.
i. The ‘Suvidha’ napkin is launched under the Pradhan Mantri Bhartiya Janaushadhi
Pariyojana (PMBJP). They will be available at allJanaushadhi Kendras in India by 28th May
2018 (World Menstrual Hygiene Day).
ii. The ‘Suvidha’ pads will be offered for Rs. 2.50 per pad. They can be availed at more than 3200
Janaushadhi Kendras.
iii. This has been introduced to ensure ‘Swachhta, Swasthya and Suvidha’ for the underprivileged
women of India. This initiative has been taken by the Department of Pharmaceuticals.
Ministry of Power launches National E-Mobility Programme in India
On 7th March 2018, R K Singh, Union Minister of State (IC) Power and New & Renewable
Energy, launched the National E-Mobility Programme in India.
i. The National E-Mobility Programme has been introduced to improve the e-mobility ecosystem
that comprises vehicle manufacturers, charging infrastructure companies, fleet operators, service
providers, etc.
ii. Energy Efficiency Services Limited (EESL) will implement the National E-Mobility
Programme.
iii. For an electric car, the per kilometer cost is only 85 paisa. Whereas, it is Rs 6.5 for
normal cars. This will help to reduce petroleum imports.
iv. R K Singh said that, India aims to develop with the motto - “Healthier world, healthier country”,
and the long term goal to leave behind a better world.
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About EESL (Energy Efficiency Services Limited):
♦ Purpose - works towards mainstreaming energy efficiency and is implementing the world’s largest
energy efficiency portfolio in India
♦ Functions under - Ministry of Power
Floating Lab set up to monitor Manipur's Loktak Lake
The Institute of Bioresources and Sustainable Laboratory (IBSD), Imphal, has established a
floating laboratory in Loktak Lake, Manipur, to continuously monitor its water quality and improve
it,which is inaugurated by Manipur's Forest and Environment Minister, Thounaojam
Shyamkumar Singh
i. The IBSD worked for 4 months to get the boat, redesign it and obtain equipment for the
laboratory. This lab will work 24x7 and will monitor the entire lake.
ii. This floating laboratory has been set up on a budget of Rs 5. Lakh. Further equipments for
Rs 20 lakh will be procured to improve its efficiency.
Government launches 'I - Metros', an association of all Indian Metro Rail companies
On 8th March 2018, P K Sinha, Cabinet Secretary, launched “I-Metros”, an association of all
Indian Metro Rail companies, at the Conference on “Indian Metros: Collaborating for Excellence”
conducted at Metro Bhawan, in New Delhi.
i. “I-Metros” will act as a platform for sharing of ideas, knowledge, experience, best practices,
innovations, etc. for the Indian Metro rail companies. It will help them to improve their
performance.
ii. It will be registered under Society Registration Act-1860. It will conduct and promote techno-
economic studies and research.
Madhya Pradesh power utility starts 'Pink Electricity Zone'
On 8th March 2018 (International Women's Day), Madhya Pradesh West Power Distribution
Company (MPWPDC) launched a "Pink Electricity Zone' that will be managed by women
staff.
i. Akash Tripathi, MD of MPWPDC, said that, the Zone comprises 25 women staff.
ii. They will manage the energy maintenance work of 13,000 power connections in Aranya Nagar.
Prime Minister launches National Nutrition Mission (NNM)
On 8th March 2018, on the occasion of International Women’s Day, Prime Minister Narendra Modi,
launched the National Nutrition Mission at an event held at Jhunjhunu in Rajasthan.
i. The National Nutrition Mission (NNM) has been formulated with a 3 year budget of Rs.9046.17
crore starting from 2017-18.
ii. NNM aims in improving nutrition level in India on an urgent basis. It includes several schemes
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working on reducing malnutrition, incentivizing States/UTs to reach goals, incentivizing Anganwadi
Workers (AWWs) to use IT based tools, etc.
iii. NNM aims to reduce stunting, under-nutrition, anemia and reduce low birth weight by 2%, 2%,
3% and 2% per annum respectively. It will work to achieve reduction in stunting from 38.4% to
25% by 2022.
Udyam Sakhi Portal launched for women entrepreneurs
On the occasion of International Women's Day, March 8,the Ministry of Micro, Small and Medium
Enterprises (MSME) launched a portal for women entrepreneurs of
India”www.udyamsakhi.org.” was unveiled by the Minister of State (Independent Charge) of
MSME, Giriraj Singh.
The portal is a network for nurturing entrepreneurship and creating business models for low cost
products and services in order to empower women and make them self-reliant and self-sufficient
'WE Hub', India's first state-led incubator for women launched by Telengana Government
On March 8 2018, Government of Telangana launched Women Entrepreneurship Hub (WE- Hub)
in Hyderabad. WE-Hub is India’s first state-led incubator exclusively for women entrepreneurs
i.It is a platform which is open to all kinds of innovations including a tech start-up, a start-up in
social innovation or an idea which is completely and radically different.
ii.It was launched by Tessy Thomas, Director, ASL, DRDL and Vani Kola, Managing Director of
Kalaari Capital, in the presence of IT & Industries Minister KT Rama Rao.
iii.Former Joint Director for Electronics Promotions of Telangana,Deepthi Ravula has been
appointed as the CEO of WE Hub.
About T-Hub & WE –Hub
♦ T-Hub – It is meant for technology startups
♦ WE Hub – It will be open for all kinds of startups led by women
India’s Biggest M&E Services Market, enTTech 2018 inaugurated in Mumbai
India's biggest Media & Entertainment Services Market – enTTech 2018 was inaugurated in
Mumbai on March 7, 2018.
i. enTTech 2018 was organized by Service Export Promotion Council (SEPC) in association
with MEAI (Media & Entertainment Association of India) and TVAGA (Telangana VFX,
Animation and Gaming Association). The event was supported by the Department of Commerce
under Union Ministry of Commerce & Industry.
ii. This edition of enTTech focussed on Business to Business (B2B) matchmaking between 100
international delegates and their Indian counterparts.
iii. The market was held for two days – 7th and 8th March, 2018. Union Minister for Commerce &
Industry, Suresh Prabhu spoke at the inaugural function through a video message.
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Quick facts about Service Export Promotion Council (SEPC):
♦ Formed in – 2006
♦ Set up by – Union Ministry of Commerce & Industry
India’s first coastal policing academy set up in Gujarat
The National Academy of Coastal Policing (NACP), India’s first coastal policing academy, has
been set up in Okha, in Devbhoomi Dwarka district of Gujarat.
i. This academy aims to sharpen the skills of marine forces of various Indian states that have
coastal lines.
ii. The Bureau of Police Research and Development (BPRD) will pilot the setting up of
skilled trainers and access to jetties and boats for the academy.
iii. Faculty from the Navy, Coast Guard and the BSF, will train police personnel and staff of other
security agencies.
iv. The academy will be operated temporarily at the fisheries department campus in Okha for
nearly 3 years. Later, a new permanent campus will be set up in Devbhoomi Dwarka district. The
National Academy of Coastal Policing (NACP) will start functioning from April 2018.
PM Modi launches number of schemes for poor in Varanasi
On March 12, 2018, Prime Minister Narendra Modi launched a number of schemes for the poor in
Varanasi, Uttar Pradesh.
i. Firstly, PM Modi inaugurated a 101-megawatt solar power plant in Mirzapur along with visiting
French President Emmanuel Macron.
ii. PM Modi announced Ayushman Bharat scheme to ensure better healthcare facilities for the
poor.
iii. Besides, he also launched Pradhan Mantri Poshan Mission Yojana to ensure nutrition to
children, especially girls.
iv. PM Modi also laid the foundation stone of various development projects worth over Rs. 800
crore and flagged off a new train - Kanshi-Patna Jan Shatabdi Express - between Varanasi and
Patna
Dharmendra Pradhan inaugurates Delhi Energy Dialogue (DED) 2018
On March 14, 2018, Union Minister for Petroleum and Natural Gas, Dharmendra
Pradhan inaugurated the first edition of Delhi Energy Dialogue (DED) 2018 in New Delhi
i. The dialogue was organised by Ashden India Collective (AIC) in alliance with the Climate
Parliament and The Energy and Resources Institute (TERI).
ii. The dialogue served as a platform for stakeholders in the field of energy and power to deliberate
on key developments and challenges for ‘energy for all’ in India.
iii. He also added that by 2040, India’s energy consumption will grow by compound annual growth
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rate (CAGR) of 4 per cent and India currently offers 1 lakh crore of bio-fuel and bio-energy
business to the world.
PM Modi inaugurates 105th Indian Science Congress in Manipur
On 16th March 2018, Prime Minister Narendra Modi inaugurated the 105th session of the
Indian Science Congress in Imphal, Manipur.
i. Imphal has become the second city in the North-East India to host the Indian Science Congress.
ii. He inaugurated Luwangpokpa Multi-Sports Complex, Rani Gaidinliu Park, and few other projects
after inaugurating the congress.
iii. He laid foundation stone of the National Sports University, 1000 Anganwadi Centres, 19
residential complexes for teachers, doctors and nurses, etc.
Ministry of Health launches LaQshya program to benefit pregnant woman and newborn
The launch of ‘LaQshya’ program that aims to improve quality of care in labour room and
maternity Operation Theatre (OT), was recently announced by Ministry of Health and
Family Welfare.
It aims to enhance quality of care for pregnant women in labour room, maternity Operation Theatre
and Obstetrics Intensive Care Units (ICUs) and High Dependency Units (HDUs).
i. This program will reduce maternal and newborn mortality count. It will offer Respectful Maternity
Care (RMC) to all pregnant women in public health facilities.
ii. This program will implement ‘fast-track’ initiatives to obtain results in 18 months.
iii. The quality improvement in labour room and maternity OT will be monitored through NQAS
(National Quality Assurance Standards).
iv. Facility that obtains 70% score on NQAS will be given LaQshya certification. Facilities that
obtain more than 90%, 80% and 70% score will be awarded Platinum, Gold and Silver badge
respectively.
vi. Facilities that obtain NQAS certification, required quality indicators and 80% satisfied
beneficiaries will receive Rs 6 lakh, Rs 3 lakh and Rs 2 lakh as incentive for Medical College
Hospital, District Hospital and FRUs respectively.
NITI Aayog releases SATH-E project
On March 17, 2018, NITI Aayog released comprehensive roadmaps and detailed timelines
for ‘Sustainable Action for Transforming Human Capital in Education (SATH-E)’ project.
i. Forward looking blueprints were released by Amitabh Kant, CEO of NITI Aayog and the Chief
Secretaries of the three participating States - Jharkhand, Madhya Pradesh and Odisha.
ii. The roadmaps contained information about detailed interventions which will be made in the three
states between 2018 to 2020 with an aim to become ‘Role Model States’ in school education.
iii. These roadmaps have been jointly prepared by NITI Aayog, the three States and the knowledge
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partners of the SATH Initiatives, Boston Consulting Group (BCG) and Piramal Foundation For
Education Leadership (PFEL).
Nitin Gadkari inaugurates 5th Nadi Mahotsava at Bandrabhan in Madhya Pradesh
On 16th March 2018, Union Minister for Water Resources, River Development and
Ganga Rejuvenation Nitin Gadkari inaugurated the 5th 'Nadi Mahotsava' at Bandrabhan in
Hoshangabad, Madhya Pradesh.
i. He said that, 'Nadi Mahotsava' was started by late Union Minister Anil Madhav Dave. He urged
people to cooperate in preserving of water.
ii. Madhya Pradesh Chief Minister Shivraj Singh Chauhan also addressed the gathering. He
spoke on various measures taken by government to preserve water.
Sushil Modi inaugurates Bihar's first 'Startup hub' in Patna
On 16th March 2018, Bihar Deputy Chief Minister Sushil Kumar Modi inaugurated the first
'Startup hub' of Bihar in Patna.
i. Sushil Kumar Modi said that, work station and office space along with free of cost "plug and play"
facility will be offered to 31 startup companies in the startup hub.
ii. He also said that, policy and structural reforms to encourage IT enable services and ESDM
(Electronics System Design and Manufacturing) in Bihar had been recently initiated.
CISF launches 'Lost and Found' mobile app for lost items at airports
CISF (Central Industrial Security Force) has introduced 'Lost and Found', a mobile app
using which travelers can lodge complaints to recover items they lost or forgot at
airports.We can downloaded the app from the website of Information and Technology
Ministry. Passengers can directly register complaints and check status of their complaint instantly
for airports under the coverage of CISF.
7th Women Science Congress Inaugurated at Imphal
On March 18, 2018, Governor of West Bengal, Keshari Nath Tripathi inaugurated the
7th Women Science Congress at the ongoing 105th session of Indian Science Congress in Imphal,
Manipur.
First edition of Women Science Congress was held in 2012. Objective of Women Science
Congress is to inspire young women to be a part of scientific community and engage themselves in
active scientific research.
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South Asia's First Ever Coworking & Coplay Space Launched In Gurugram
Monkey Business, a first of its kind co-working space in South Asia that also provides onsite
childcare was launched in South Point Mall, Gurugram, Haryana.
i. Monkey Business, is ideal for young parents to work while their kids are engaged in
productive activities at the onsite play area.It has thoughtfully designed play zone and
includes a nap area, a feeding and diaper changing room.
First India-Japan Workshop on Disaster Risk Reduction inaugurated in New Delhi
On March 19, 2018, Vice-Chairman of NITI Aayog, Dr. Rajiv Kumar inaugurated the First
India-Japan Workshop on Disaster Risk Reduction in New Delhi.
i. This workshop has been jointly organised by the National Disaster Management Authority
(NDMA), Union Ministry of Home Affairs and Government of Japan.
ii. It is the first formal initiative under the Memorandum of Cooperation (MoC) on Disaster Risk
Reduction signed between India and Japan in September 2017.
iii. During the course of this workshop, India and Japan will identify possible areas of cooperation in
the field of Disaster Risk Reduction.
President Ram Nath Kovind inaugurated the Festival of Innovation and Entrepreneurship
(FINE) in New Delhi
On 19th March 2018, President Ram Nath Kovind inaugurated a Festival of Innovation and
Entrepreneurship (FINE) at Rashtrapati Bhavan, New Delhi.
i. Festival of Innovation and Entrepreneurship (FINE) is organised by Rashtrapati Bhavan along
with the Department of Science and Technology and the National Innovation Foundation-
India from 19th March 21st March 2018.
ii. Ram Nath Kovind also presented the Gandhian Young Technological Innovation Awards.
iii. FINE aims to recognise, display and reward innovations and to create a supportive ecosystem
for innovators.
Delhi govt launches app 'Delhi's Date with Democracy' to scout singing, dancing talent
On March 19, 2018, Delhi Government launched 'Delhi's Date with Democracy', a mobile
application that will serve as a platform for aspiring singers and dancers in the city to
showcase their talent on a big stage.
i. 'Delhi's Date with Democracy' is an initiative of Delhi Government’s department of art, culture
and languages.
ii. Sahitya Kala Parishad and Delhi Kalyan Samiti have collaborated with the Delhi
Government for this initiative
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Nitin Gadkari inaugurates Inland Ferry Services in Goa
On March 20, 2018, Union Minister of Road Transport and Highways, Shipping and Water
Resources, River Development and Ganga Rejuvenation, Nitin Gadkari inaugurated the
Inland ferry services in Vasco, Goa.
i. While delivering the keynote address at the occasion, Mr. Gadkari highlighted that use of
waterways is not only economical but is also environmental friendly.
ii. Commuting through Inland ferry services inaugurated in Vasco, Goa would save time and money
and avoid pollution and ease the road congestion.
Greece launches newly established Space Agency ‘Hellenic Space Agency’
Hellenic Space Agency, Greece’s first space agency was officially launched on March 19, 2018.
i. Although Greece will not start its own space exploration programme through this agency in near
future, the agency is expected to benefit the country in various sectors viz. telecommunications,
defense, medical applications, environmental monitoring, agriculture, fire prevention and control.
ii. Dr. Tom Krimigis, who is regarded as ‘Space Exploration Pioneer’ has been appointed
Chairperson of the Board of Hellenic Space Agency.
iii. In the context of this news, it is to be noted that Greece has been a member of European
Space Agency (ESA) since 2005 and has invested millions of Euros in its research programmes.
Government launches Sand Mining Framework to check illegal extraction
On 20th March 2018, Union Minister of Mines Narendra Singh Tomar launched a "sand mining
framework" in order to help states to take action against illegal mining.The Sand Mining Framework
was prepared by the Ministry of Mines.
The suggestions in this framework will offer a roadmap to the states that will help them to develop
their policies and will act as a check on illegal mining of sand.
Government launches free wi-fi service for Udwada in Valsad district of Gujarat
On 21st March 2018, Bharat Sanchar Nigam Limited (BSNL) launched Free Wi-Fi Facility at
Udwada Village, in Valsad District, Gujarat.
i.The facility was launched by Manoj Sinha, Minister of State for Communications and
Minister of State for Railways.
ii. Smriti Irani said that, under Saansad Adarsh Gram Yojana Rs.16.48 Lakh has been allotted for
implementing Wi-Fi by BSNL in Udwada Village.
CM Pinarayi Vijayan launches M-Kerala app at Kerala's first global digital summit
On 22nd March 2018, Kerala Chief Minister Pinarayi Vijayan launched the M-Kerala app, at #Future,
Kerala’s first-ever global digital summit held in Kochi.It will help citizens to avail nearly 100
government services using their mobile phones & also has mobile payment options. The #Future
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summit was held with the theme “Towards a Digital Future”.
Andhra Government launches NAIPUNYA RATHAM or World on Wheels:
On March 22, 2018, Andhra Pradesh (AP) State Government launched, NAIPUNYA RATHAM or
World on Wheels, a multi-utility vehicle aimed at taking technology to the remote corners
of the state.
NAIPUNYA RATHAM or World on Wheels, which is a part of AP State Government’s ‘Smart
village Smart Ward Programme’ will not only facilitate in furthering digital literacy but will also
create an awareness about various government schemes.
Tribal Affairs Minister Jual Oram launches E-Tribes India on e-commerce platforms
On 27th March 2018, Tribal Affairs Minister, Jual Oram launched “E-Tribes India” in New Delhi.
i. The Launch of E-Tribes India includes www.tribesindia.com, www.trifed.in and Retail
Inventory Software and M-commerce app.
ii. ‘Tribes India’ Banners were also launched at Amazon, Snapdeal, Paytm & GeM. Also
TRIFED’s Handbook for Retail Trade and TRIFED’s quarterly magazine ‘Tribes Haat’ were
inaugurated.
iii. TRIFED has developed its own e-commerce website: tribesindia.com. This website offers sale of
all TRIFED products.
iv. Their Android App can also be downloaded from Google store (Tribes India). TRIFED has entered
into agreements with Snapdeal and Amazon to sell their products
on www.snapdeal.com and www.amazon.com.
v. Ministry of Commerce has also enabled the sale of TRIFED products on www.gem.gov.in. Tribes
India products are also available on Flipkart and Paytm.
MEA launches ‘Videsh Aaya Pradesh ke Dwaar’ in Hyderabad
On March 22, 2018, External Publicity and Public Diplomacy Division of the Ministry of External
Affairs (MEA) launched an initiative, 'Videsh Aaya Pradesh ke Dwaar' in Hyderabad, Telangana with
an aim to bring the domain of foreign policy closer to the people.
i. Under this initiative, MEA will hold direct interaction with the local media (having wide readership
profile) in different cities across India.
ii. Through these interactions, MEA will communicate foreign policy priorities in simple terms and
will highlight the benefits accruing to the common people through diplomatic efforts.
Harsimrat Kaur Badal inaugurates Rajasthan’s first mega food park at Ajmer
On 29th March 2018, Union Minister for Food Processing Industries Harsimrat Kaur
Badal inaugurated Rajasthan’s first mega food parkM/s Greentech Mega Food Park Private
Ltd, at Roopangarh Village in Ajmer, Rajasthan.
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The Greentech Mega Food Park has been established at a cost of Rs 113.57 crore. It will
benefit nearly 25,000 farmers in that region.The park has been constructed in an area of 85.44
acres. It has central processing centre and 4 Primary Processing Centres (PPCs) at Jaipur, Nagaur,
Tonk and Churu.
Assam launches toll-free helpline for women
On March 29, 2018, Assam Chief Minister Sarbananda Sonowal launched '181-Sakhi', a toll-free
helpline number for women it is launched in wake of increasing crimes against women in
Assam. Initially, the toll free helpline will work from 9 am to 5.30 pm, but will soon be a 24x7
service.
Prakash Javadekar launches Grand Finale of the Smart India Hackathon 2018 (Software
Edition)
On 30th March 2018, Minister for Human Resource Development, Prakash
Javadekar launched the grand finale of Smart India Hackathon 2018 (Software Edition) in New
Delhi. He said that Smart India Hackathon 2018 is aimed to encourage the spirit of innovations in
students. The Smart India Hackathon (SIH) 2018 consists of two competitions: Software Hackathon
and Hardware Hackathon. The final round of Hardware Hackathon will be held in June 2018.
UP CM inaugurates India's Longest Elevated Road in Ghaziabad
On 30th March 2018, Uttar Pradesh chief minister Yogi Adityanath inaugurated Hindon
Elevated Road - India’s longest elevated road, in Ghaziabad, Uttar Pradesh.
i. It is 10.3 km long. It has been built on 227 single pillars. The main objective of this road is to
ease traffic movement between Ghaziabad and New Delhi.The total cost project is estimated to
be Rs. 1,147 crore.
ii. This Road will also connect to NH-24, the Delhi-Meerut Expressway. It will also help users to
reach Hindon airbase.This road has been constructed on Transit-oriented development (TOD)
basis.
FESTIVALS Andhra CM inaugurates International Yachting Festival
On 29th March 2018, Andhra Pradesh Chief Minister N Chandrababu Naidu inaugurated the
International Yachting Festival in Visakhapatnam, Andhra Pradesh.It is conducted by the
Andhra Pradesh government.
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Visakhapatnam Port Trust (VPT) is providing required support for the festival. Krishnababu,
Chairman of VPT, said that, this festival is conducted with an aim to boost sea tourism in
Vishakapatnam.
International Yoga festival held in Rishikesh
On March 1, 2018, Uttarakhand Chief Minister Trivendra Singh Rawat inaugurated the week-
long 29th edition of annual International Yoga Festival (IYF) at Parmarth Niketan ashram
in Rishikesh.It was officially inaugurated by Vice President, Venkaiah Naidu on March 3, 2018.
i. The International Yoga Festival in association with Union Ministry of AYUSH, Uttarakhand Tourism
Development Board and Garhwal Mandal Vikas Nigam Ltd.
ii. In addition to daily yoga classes, 200 sessions on topics such as Ashtanga yoga, Bhakti yoga,
Kundalini yoga and Ganga yoga will be conducted during the course of this event.
Itanagar celebrates Silver Jubilee of Losar festival
On 2nd to 4th March 2018, silver jubilee of the Losar Festival was celebrated by Buddhist
Community of Itanagar at the Nyokum Lapang Ground, in Itanagar, Arunachal
Pradesh.The Itanagar Buddhist Cultural Society (IBCS) organized the festival.
This festival is celebrated as 'New Year' by the Buddhist community as per their
calendar. Arunachal Pradesh Education Minister Honchun Ngandam was the chief guest at
the event.The Buddhist New Year has entered into 2145 Earth Dog year, according to the Buddhist
calendar.
Three day International Yoga Fest begins in Delhi
On 21st March 2018, International Yoga Fest was inaugurated by Union minister Jitendra
Singh at Talkatora Stadium, New Delhi, as a curtain raiser for the International Yoga Day (IYD)
The Fest is held for 3 days.
Four cities namely Jaipur, Hyderabad, Ahmedabad and Mysore have been shortlisted for
conducting the main function of International Yoga Day 2018.
OTHER NEWS RELATED TO INDIAN AFFAIRS
Delhi government to set up State Sanskrit Education Council
Delhi government has decided to establish State Sanskrit Education Council to improve formal
education of Sanskrit in Delhi.
Deputy Chief Minister of Delhi, Manish Sisodia said that, the education department will study
the representations and take necessary steps to form a Delhi State Sanskrit Education Council.
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Maharashtra government ties up with Wikipedia to promote Marathi
The Maharashtra government has partnered with Wikipedia, to spread the Marathi language
and enhance its online usage.
i. Maharashtra government made this announcement on Marathi language day (27th February
2018). It is aimed to spread the Marathi language across the world.
ii. It will also offer Marathi-speaking people a single platform to interact. It would also help to reach
Maharashtrians who have migrated to the United States.
India to have its own size chart for clothes, NIFT to conduct survey
Under the aegis of the Union Ministry of Textiles, the National Institute of Fashion
Technology (NIFT) - New Delhi, will conduct a National Sizing Survey of India to develop an
‘India size chart’ for the garment industry.
• The garment industry in India currently follows tweaked versions of US or the UK size charts
of ‘small, medium, large, extra large’.
• With ‘India Size Chart’ in place, all brands selling in India, including foreign
brands, will have to carry the India size label on all garments because it is the main is
main reason for high return and rejection rate of 20% to 40% in Indian garments industry.
• Countries that have successfully completed national sizing surveys: Australia, China,
Canada, France, Germany, Italy, Mexico, Spain, Sweden, South Korea, Netherlands,
Thailand, US, UK.
The survey would be administered on 25000 men and women in the age group of 15-65
years, across six cities and regions viz. Kolkata (east), Mumbai (west), New Delhi (north),
Hyderabad (centre), Bengaluru (south) and Shillong (north-east), using 3D whole-body
scanners.
• It is to be noted that no children will be measured as a part of the survey.
• About 120 different anthropometric elements, including, height, weight, waist-size, hip-size,
bust-size, would be included in the survey
• Entire project, including survey and finalising the size chart, would be completed within 2-3
years.
• Approximate cost for the project would be Rs. 30 crore, out of which Rs. 21 crore
would be provided by Union Ministry of Textiles while NIFT will chip in Rs. 9 crore.
North East Assembly Elections 2018 - Results
During February 2018, Legislative Assembly Elections were held in three North Eastern States -
Tripura, Meghalaya and Nagaland. Counting for all these Legislative Assembly Elections was
held on March 3, 2018.
Tripura State Assembly Election 2018 – Result:
• Bharatiya Janata Party (BJP) along with its ally, Indigenous People's Front of
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Tripura (IPFT) has won 43 seats and has thereby got the majority. BJP won has 35
seats while IPFT has won 8 seats.
• Incumbent Chief Minister Manik Sarkar’s Communist Party of India (Marxist) - CPI(M), that
has been in power for 20 years, managed to get only 16 seats.
Meghalaya State Assembly Election 2018 – Result:
• The ruling party, Indian National Congress led by incumbent Chief Minister Mukul Sangma
won 21 seats and emerged as the single largest party. However, it fell short from attaining
majority.
• By winning 19 seats, regional outfit, National People's Party (NPP) has got the second
highest number of seats.
• As per the latest development, NPP, BJP (2 seats) and three other parties will have an
alliance under NPP’s leader Conrad Sangma to form a non-Congress Government in
Meghalaya.
Nagaland State Assembly Election 2018 – Result:
• Incumbent Chief Minister TR Zeliang’s Naga People's Front (NPF) won 27 seats and emerged
as single largest party. However, it fell short from attaining majority.
• BJP (12 seats) and NDPP (17 seats) will form the government along with support
from a Janata Dal (United) MLA and an independent.
Shigmotsav 2018 organised in Goa
On 3rd to 17th March 2018, Shigmotsav 2018 is conducted in various regions of Goa.
i. Shigmotsav or Shigmo is the biggest Hindu festival in Goa. During the festival, parades are
conducted that depicts the life of Goan people.
ii. The parade features folk performances by local men and women. Folk dances like Ghode Modni
and Fugdi are performed.and they play large musical instruments like Dhol Tasha and flutes.
Himachal to set up medicinal plant board centre
On March 5, 2018, Himachal Pradesh State Government approved the setting up of a regional-
cum-facilitation centre of the National Medicinal Plants Board of the Ministry of Ayush.
which is decided in the State Cabinet meeting chaired by Himachal Pradesh Chief Minister Jai Ram
Thakur.
i. This centre will be set up in Jogindernagar town in Mandi district of Himachal Pradesh.
ii. Rs. 748.30 lakh has been allocated for setting up this centre, wherein the central government
would provide a grant of Rs 149.60 lakh.
Myanmar puts off border pact with India
Myanmar has indefinitely postponed signing an agreement with India to streamline the free
movement of people within 16 km along the border.India and Myanmar share a 1643 km
unfenced border.
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i. Indian states that share border with Myanmar are Arunachal Pradesh (520 km),
Nagaland (215 km), Manipur (398 km) and Mizoram (510 km).
ii.Indian Government at Centre had also directed all the above mentioned states to distribute
“border pass” to the residents living within 16 km from the border.
Centre sanctions Rs 1000 crore for research and innovation
Central Government has sanctioned a grant of Rs 1000 crore for the second phase of the
Impacting Research Innovation and Technology (IMPRINT) India programme.
i. Announcement in this regard was made by Union Minister for Human Resources and
Development, Prakash Javadekar at the Visitors Conference held in New Delhi on March 6, 2018.
ii. Launched in 2015, IMPRINT India is a joint initiative of Indian Institutes of Technology (IITs) and
Indian Institute of Science (IISc), aimed at identifying areas of relevance to society that require
innovation, ensuring higher funding support for research into these areas and measuring the
research’s impact on people’s standard of living.
iii. Under the IMPRINT-II, a fund is being jointly created by the Department of Science
and Technology and Ministry of Human Resource Development.
Delhi govt approves delivery of ration at doorsteps of PDS beneficiaries
On March 6, 2018, Delhi government approved a proposal for delivering rations in sealed packets at
the doorstep to Public Distribution System (PDS) beneficiaries.Currently,there are around 72
lakh PDS beneficiaries in Delhi.
i. The proposal was put forth by Department of Food, Supply and Consumer Affairs for providing
doorstep delivery of wheat/flour, rice and sugar for eligible PDS beneficiaries.
ii. This initiative will address problems such as theft of ration, poor quality of supplies and
shops remaining closed.
Animal Welfare Board of India headquarters shifted from Chennai to Haryana
On March 6, 2018, Union Minister of State for Environment, Forest and Climate Change Mahesh
Sharma, informed Rajya Sabha that headquarters of the Animal Welfare Board of India
(AWBI) has been shifted from Chennai to Haryana's Ballabhgarh.
i. The reason cited behind shifting the headquarters is to ensure better coordination between the
environment ministry and the board.
ii. AWBI is a statutory advisory body established in 1962 under The Prevention of Cruelty
to Animals Act,1960.
40 Participants of Indian Origin attends 46th Edition of “Know India Programme”
On March 6, 2018, Forty Indian-origin students from nine countries met Railways Minister Piyush
Goyal as part of Know India Programme (KIP) which is the initiative to engage with the Indian
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diaspora in the age group of 18 to 30 years.
i. It is a 25-day orientation programme, organised by Union Ministry of External Affairs in
partnership with one or two Indian states.
ii. For 46th KIP, Madhya Pradesh was the partner state.
‘Vision for Future’ event marks 70 years of Indo-Russia ties held in New Delhi
On 6th to 8th March 2018, ‘Vision for Future’ event is conducted to celebrate the 70 years of
successful Indo-Russia ties, in New Delhi.
i. The Vision for Future event is organised by Ministry of External Affairs of India (Eurasian
Division). It is co-organised by International Federation of Indo-Russian
Youth Clubs and BRICS International Forum.
ii. This event is aimed at strengthening strategic partnership between India and Russia. Mains
events of this programme are: First India-Russia Youth Parliament and India-Russia Excellence
Award Ceremony & launch of Youth Festival Calendar.
About BRICS:
♦ Type - association of five major emerging national economies
♦ Members - Brazil, Russia, India, China and South Africa
Odisha MSME International Trade Fair begins in Bhubaneswar
On 5th to 10th March 2018, Odisha MSME International Trade Fair 2018 is held in
Bhubaneswar, Odisha.It focuses mainly on food processing sector.
i. The trade fair was inaugurated by Odisha Chief Minister Naveen Patnaik. Over 500
domestic and international delegates will take part in the trade fair.
ii. The trade fair will present over 350 stalls with 6 pavilions. The theme pavilion has been allotted
for food processing sector. Pavillion-1 has been allotted for international exhibitors and central
public sector undertakings (CPSUs).
iii. Pavilion-2 is for food processing and sea food MSME units. Pavilion-3 is for MSMEs of women
and scheduled tribes/scheduled castes entrepreneurs.
iv. Pavilion-4 is for MSMEs working in engineering and allied sectors and Pavilion-5 is given to
start-ups and exporters.
Karnataka government unveils the state flag
On 8th March 2018, Karnataka government unveiled the State flag (nada dhwaja) for
Karnataka.
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i. If Karnataka receives Central government approval, it will be the second state after
Jammu and Kashmir to have a flag.
ii. The flag is tricolor comprising yellow, white and red with State emblem at the centre.
iii. The state emblem is blue in colour named Gandaberunda. Gandaberunda is a mythical two-
headed bird.
Supreme Court allows passive euthanasia, recognises ‘living will’ of terminally ill patients
On 9th March 2018, Supreme Court passed an order permitting passive euthanasia in India.
i. Passive euthanasia is a condition where medical treatment is deliberately withdrawn to hasten
the death of a terminally-ill person.
ii. The Constitution bench said that, the guidelines will be in force till legislation on this is passed by
Parliament.It was led by Chief Justice of India Dipak Misra.
iii.Other judges present on the bench are: justices A K Sikri, A M Khanwilkar, D Y Chandrachud
and Ashok Bhushan.
Rajasthan passes bill for death penalty for rape of girls aged 12 & below
On 9th March 2018, a bill approving death penalty to those convicted of raping or gang-raping a girl
who is aged 12 years or below, was passed by Rajasthan assembly.
i. Rajasthan has become the second state in India after Madhya Pradesh to approve
death sentence for those convicted of raping girls aged 12 years and below.
ii. Gulab Chand Kataria, Rajasthan home minister, introduced the Criminal Laws (Rajasthan
Amendment) Bill, 2018 in the assembly. It was passed by a voice vote.
iii. Sections 376-AA and 376-DD have been added in the Indian Penal Code, 1860, in
regard with rape and gang-rape of young girls.
Diu becomes the first and only Union Territory to be 100% solar energy efficient
Diu has become the first and only Union Territory of India to achieve full solar energy
efficiency.
i. Diu has a geographical area of just 42 square kilometers. It has installed solar power plants in
more than 50 acres of land.
ii. 13 MW of electricity is generated from the solar power-generating systems in Diu. Out of which,
3MW is produced from rooftop solar plants and 10MW from other solar power plants.
Madhya Pradesh announces pension for single women
On 8th March 2018, Madhya Pradesh Chief Minister Shivraj Singh Chouhan announced the
'Mukhyamantri Mahila Kosh' scheme that will offer pension to unmarried women above 50 years of
age.
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Banaswadi becomes first all-woman railway station in South Western Railway zone
On 8th March 2018, Banaswadi railway station of Bengaluru became the first all-woman
railway station in South Western Railway zone.
i. It is the first station in the South Western Railway (SWR) zone and 5th in India to attain the all-
woman railway station status.
ii. The station was declared South Western Railway (SWR) zone’s first all-woman railway station
by Piyush Goyal, Union railway minister, through video link.
Swachh Shakti 2018 celebrated in Lucknow
On the occasion of International Women’s Day,The Ministry of Drinking Water and Sanitation, in
association with the Government of Uttar Pradesh, organized a Women’s Convention called
Swachh Shakti 2018 at Lucknow. Swachh Shakti 2018 has been hosted by Uttarpradesh
Government.
i. The event included a special exhibition, launch of a film celebrating Swachh Shakti and flagging
off of 30 Swachhata Raths that will travel across the State, spreading the message of sanitation at
the grassroots.
ii. The Union Minister of Drinking Water and Sanitation, Sushri Uma Bharti, complimented the
commitment made by the Uttar Pradesh government to make the State Open Defecation Free
(ODF) by October 2018.
iii On October 2nd, 2014 The Swachh Bharat Mission has been launched, by the Prime Minister,
Shri Narendra Modi, is aimed at achieving a Clean and Open Defecation Free (ODF) India by
2nd October, 2019. From these efforts, 314 districts and 3.23 lakh villages and 9 States and 2 UTs
have been declared ODF.
‘WINGS INDIA 2018’ held in Hyderabad
On March 8,2018, Ministry of Civil Aviation and Airport Authority of India and FICCI
jointly organized the four-day biennial event ‘WINGS INDIA 2018 ‘ in Hyderabad. Theme of the
four-day biennial event this year is ‘India-Global Aviation Hub’.
i.WINGS INDIA 2018 is a platform for interactions, forging alliances, investments and air
connectivity between the States and the global aviation players & stakeholders.The conference will
focus on fostering partnership to transform Indian aviation and the role of conducive regulatory
framework to facilitate growth of civil aviation market.
ii.FICCI is set to launch its maiden edition of ‘WINGS INDIA AWARDS’ for Excellence in the
aviation sector in 14 categories.
Highlights of Maharashtra Budget 2018 – 2019
On March 9, 2018, Maharashtra Finance Minister Sudhir Mungantiwar presented the state
budget for 2018-19 in legislative assembly while Minister of State for Finance, Deepak Kesarkar
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presented the budget in legislative council. This was the fourth budget of the incumbent BJP-led
government under Chief Minister Devendra Fadnavis.
Maharashtra Budget 2018-19 focused on farmers and youth.For fiscal 2018-19, revenue deficit is
estimated at Rs. 15375 crore.
• Rs. 13385 crore budget has been allocated for home department, out of which, Rs. 165
crore will be used for state-wide CCTV surveillance network.
• 13000 gram panchayats will be connected digitally under the Centre’s BharatNet project.
• Provision of Rs. 2215.85 crore has been made for implementation of Pradhan Mantri
Awas Yojana.
• Grant for Akhil Bharatiya Marathi Sahitya Sammelan and Natya Sammelan has been doubled
to Rs. 50 lakh.
• India’s first battery-operated submarine will be used for underwater tourism at
Vengurla, Sindhudurg.Rs.7502 crore has been approved for Bandra-Versova sea link.
• Mr. Kesarkar has stated that work on the 701-km Mumbai -Nagpur Expressway will start in
April 2018.
Other Important Allocations:
Purpose Allocation Amount Subsidy to provide wheat and rice at Rs. 2 per kg and Rs. 3 per kg, respectively, to farmers in the 14 suicide-hit districts
Rs 922 crore
Forest tourism Rs. 120 crore Development plan for Ganpatipule temple in Ratnagiri Rs. 79 crore To reduce man-animal conflict and to make food and water available for the animals
Rs. 18 crore
For implementation of centrally sponsored National Health Mission
Rs. 964 crore
For Implementation of Tribal development schemes Rs. 8900 crore For setting up competitive training centres in all districts to train students for competitive exams
Rs. 50 crore
For completing 26 major irrigation projects, under the Pradhan Mantri Sinchai Yojana
Rs. 3015 crore
India's tallest tricolour hoisted in Belagavi, Karnataka
India’s tallest tricolour was hoisted in Belagavi, Karnataka on March 12, 2018.
i. The flag hoisted in Belagavi is 110m high from the base plate to the top while its size is
120X80 ft.It weighs 500 kg
ii. Before hoisting of the tallest flag at Belagavi, 107 metre tall tricolour flown in Pune was the
highest, followed by 105 metre tall tricolour at Attari-Wagah border.
iii. To have the tallest tricolour in Balagavi was the dream project of Belagavi (North) Congress
MLA Feroz Sait.
Banlotwa becomes first alcohol-free village in Ranchi district
Banlotwa has become the first 'alcohol-free' village in Ranchi district of Jharkhand.
i. Jharkhand Chief Minister Raghubar Das lauded the residents of the village for achieving this
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feat and has given Rs 1 lakh cash to the village head of Banlotwa.
ii. It is to be noted that, two years ago, Raghubar Das had announced that any village becoming
alcohol-free would be given Rs. 1 lakh for its development.
iii. Mr. Das stated that people of Banlotwa have joined hands to make the village 'nasa mukt'
(alcohol-free).
Assam Finance Minister Himanta Biswa Sarma presents State's First E-Budget
On March 12, 2018, Assam Finance Minister Himanta Biswa Sarma presented state's first e-
Budget at the legislative Assembly.
i. Each legislator of Assam State Legislative Assembly was provided with a tablet
(computer) having details of the Budget.
ii. In order to truly make it an E-Budget, the reporters covering the state budget were given a pen
drive containing the details.
First edition of 'Soldierathon' organised at Nehru stadium
On March 11, 2018, Union Minister Dharmendra Pradhan, Minister of State for External
Affairs General VK Singh and cricketer Gautam Gambhir attended the first edition of
'Soldierathon' in New Delhi.
i. 'Soldierathon' is a special marathon aimed at raising funds for welfare of Indian soldiers
and their families.Cricketer Mohammad Kaif and Actor Varun Sood also witnessed this marathon.
ii. The marathon began from Jawaharlal Nehru Stadium in New Delhi. Participation was open
in four categories viz. 10km, 5km, 3km and wheelchair.
iii. Funds raised during this event will be donated to Indian Army's Artificial Limb Centre (ALC) and
for the education of martyrs' children.
Government institutes award for best investigators of crime
Government of India has decided to institute 'Union Home Minister's Medal for Excellence in Police
Investigation' award for best investigation of crime in order to encourage high professional
standards in police forces.
i. This award will be presented to best investigators of police forces of the states, union territories
and central investigating agencies.
ii. Eligibility: Officers ranging from Sub-Inspector to Superintendent of Police are eligible for this
award.
iii. Based on the average crime data for the last 3 years, 162 medals will be presented annually.
Out of this, 137 medals are for states and UTs and 25 medals are for central investigating
agencies: National Investigation Agency (NIA), Central Bureau of Investigation (CBI) and Narcotics
Control Bureau (NCB).
iv. This is based on the crime data that has been published by the National Crime Records
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Bureau (NCRB) for 2013, 2014 and 2015.A quota of medals has been allocated for Women
Investigators.
v.A screening committee in BPRD will process the applications and approval will be given by a
sanctioning committee in MHA (Ministry of Home Affairs).
Supreme Court bars foreign firms from practicing law in India
On March 13, 2018, Supreme Court of India upheld judgements given by Madras High Court and
Bombay High Court that foreign law firms cannot practice in India.
i. Supreme Court bench comprising Justices Adarsh K Goel and Uday U Lalit barred foreign
law firms and foreign lawyers practising in India for both litigatious (likely to engage in lawsuits) as
well as non-litigatious activities.
ii. This judgement takes into consideration Bar Council of India Rules (BCI) that the Indian laws
are of specialised nature and only those who have a exhaustive and holistic idea of its functioning,
are permitted to practice law by it.
iii. However, Supreme Court has allowed foreign lawyers to ‘fly in fly out’ to advise on foreign law.
Assam govt proposes insurance scheme for journalists
Assam State Government has proposed an insurance scheme for journalists and their families in
State budget for the year 2018-19.
i. This announcement was made by Assam Finance Minister Himanta Biswa Sarma during
presentation of state budget for 2018-19 in the assembly on March 12, 2018.
ii. Mr. Sarma stated that for the year 2018-19, budgetary allocation of Rs 63 crore has been
earmarked for the Information and Public Relations Department that would implement schemes for
journalists in Assam.
CII to set up multi-skill centre in Darjeeling
On March 13, 2018, Confederation of Indian Industry (CII) announced that it will set up a
multi-skill centre in Darjeeling, West Bengal.
i. Announcement in this regard was made by CII Director General Chandrajit Banerjee at the
inaugural session of the two-day Darjeeling Business Summit.
ii. CII will set up this multi-skill centre in Darjeeling in partnership with the Gorkha Territorial
Administration.
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Government forms ‘Field Inspection and Scientific Evaluation Committee (FISEC)’ to
probe illegal cultivation of HT Cotton
On 12th March 2018, Minister of State for Textiles Ajay Tamta said that, the government has
constituted ‘Field Inspection and Scientific Evaluation Committee (FISEC)’ to investigate into illegal
cultivation of HT (Herbicide Tolerant) cotton in 4 states.
i. Ajay Tamta said that, the government had received several entries insisting on ban of illegal
cultivation of HT or BG-III cotton in India.
ii. Several complaints regarding illegal and unauthorised cultivation of HT cotton in Andhra
Pradesh, Telangana, Gujarat and Maharashtra have been received.
iii. He said that, a Field Inspection and Scientific Evaluation Committee (FISEC) has
been formed by Department of Biotechnology in the Ministry of Science and Technology.
iv. This committee will conduct investigation on illegal cultivation of HT cotton. He also added
that, the cultivation of BG-III or HT cotton does not have the approval of Genetic
Engineering Approval Committee (GEAC) of the Ministry of Environment.
About Department of Biotechnology:
♦ Formed – 1986
♦ Headquarters – New Delhi
IAF's largest transport aircraft C-17 Globemaster makes historic landing in Arunachal
Pradesh
On 13th March 2018, C-17 Globemaster, the Indian Air Force’s (IAF) largest transport aircraft, made
a historic landing at Tuting Advanced Landing Ground (ALG) in Arunachal Pradesh.
i. The landing of C-17 Globemaster is considered as a move by IAF to strengthen
its operations in the important border region. The landing ground is just 30 km away
from China.
ii. The flight crew consisted of Group Captain K Rama Rao, Wing Commander Amiya Kant Patnaik,
Wing Commander K Trivedi and Squadron Leader L Nayak.
IATA partners with Civil Aviation Ministry and National Aviation University
On 13th March 2018, International Air Transport Association (IATA) said that, it has signed
a MoU with the Ministry of Civil Aviation and National Aviation University to improve
human resource availability in India's aviation industry.
i. The three parties formalised this partnership in the presence of Jayant Sinha, Minister of State
for Civil Aviation at the Wings India 2018 event in Hyderabad.
ii. This MoU also aims in developing better academic cooperation between IATA and National
Aviation University.
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Lok Sabha passes Finance Bill 2018
On March 14, 2018, Lok Sabha passed the crucial Finance Bill 2018 and Appropriation Bill for the
next fiscal year i.e. 2018-19.
i. Union Finance Minister Arun Jaitley moved 21 amendments to the Bill containing taxation
proposals for 2018-19.
ii. The Appropriation Bill lists outspending plans for 99 government ministries and departments for
the year 2018-19.
iii. Both these bills will now be sent to Rajya Sabha. However, as these are money bills, if Rajya
Sabha does not return them to the Lok Sabha within 14 days, they would be considered
as approved.
HRD Ministry to set up ‘Innovation Cell’ to promote education
The HRD (Human Resources Development) ministry has decided to set up an innovation cell lead by
a scientist to develop new ideas to encourage innovation in India.
i. This decision was made after India improved by 6 ranks in the Global Innovation Index Ranking.
ii. India was at 66th position in 2016. It improved to 60th rank in 2017 on the Global Innovation
Index Ranking.
iii. Head of the Innovation cell will be a scientist. The cell will also have a senior official
and young professionals who will come up with new ideas in encouraging innovation.
About HRD (Human Resources Development) ministry:
♦ Minister of Human Resource Development - Prakash Javadekar
♦ Minister of State for HRD (Higher Education) - Dr. Satya Pal Singh
♦ Minister of State for HRD (School Education & Literacy) - Shri Upendra Kushwaha
First Interaction of 15th Finance Commission with Parliamentarians held in New Delhi
First Interaction of 15th Finance Commission with the Members of Parliament was held on March
14, 2018 in New Delhi.
i. The meeting was held to convey the proposed schedule of the Commission’s work and its Terms
of Reference (TOR) as well as to seek suggestions of Parliamentarians.
ii. In context of this news, it is important to note that unlike previous Finance Commissions, the
15th Finance Commission will function in a different scenario wherein there is no Planning
Commission and Government has removed the distinction between Plan and Non Plan grants.
Quick Facts about 15th Finance Commission:
♦ Formed in – November 2017
♦ Chairman – N.K. Singh
♦ Full time members - Former Economic Affairs Secretary Shaktikanta Das, and adjunct professor of
Georgetown University Anoop Singh.
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Lok Sabha passes bill on damages for breach of contract
On March 15, 2018, Lok Sabha passed the Specific Relief (Amendment) Bill, 2018 seeking to
grant a party the right to seek damages from the other side in case of a breach of a business
contract.
The current law only provides for a certain kind of specific relief, while the amendment proposes
a remedy which aims at the exact fulfilment of an obligation or specific performance of the
contract rather than grant of a general relief or damages or compensation.
Lok Sabha passes Payment of Gratuity (Amendment) Bill, 2017
On March 15, 2018, Lok Sabha passed Payment of Gratuity (Amendment) Bill, 2017 which seeks to
authorise Central Government to fix tax-free gratuity amount and period of maternity leave with an
executive order.
Background information and Salient Features of Gratuity (Amendment) Bill, 2017:
Payment of Gratuity (Amendment) Bill, 2017 was introduced by Labour Minister Santosh
Kumar Gangwar in the Lok Sabha during the winter session.
• After implementation of 7th Central Pay Commission recommendations, ceiling of gratuity
amount for central government employees was increased from Rs 10 lakh to Rs 20
lakh.
• This provision on maternity leave has been included in backdrop of the Maternity Benefit
(Amendment) Act, 2017 through which maximum maternity leave period has been
enhanced to 26 weeks.
Tamil Nadu Neutrino project gets environmental nod
Union Ministry of Environment and Forests (MoEF) has granted environmental clearance for
setting up India-based Neutrino Observatory (INO) project atBodi West hills in Theni
district of Tamil Nadu.
i. In November 2017, Tamil Nadu State Expert Appraisal Committee had observed that proposed
site forms part of the catchment area of various streams that contribute to the Vaigai watershed.
ii. Among these, most important condition is to obtain Tamil Nadu Pollution Control Board
(TNPCB) consent to establish and operate the project.
iii. The INO project, jointly supported by Department of Atomic Energy (DAE) and
Department of Science and Technology (DST) envisages building a world class underground
laboratory to study properties of neutrinos (subatomic particles produced by the decay of
radioactive elements).
Three-day annual Krishi Unnati Mela begins in Delhi
Three-day annual Krishi Unnati Mela, focusing on ‘doubling farmers’ income’ began in New
Delhi on March 16, 2018.
i. The objective of Krishi Unnati Mela is to create awareness among farmers about latest
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agriculture related developments.
ii. A theme pavilion on doubling of farmers income, organic farming, cooperatives, farm inputs, has
also been set up to familiarise farmers with the latest developments in the farming techniques.
Maharashtra Government bans use of plastic
On March 16, 2018, Maharashtra Environment Minister Ramdas Kadam announced that state
government has decided to ban the use of plastic from March 18, 2018.
i. The ban would apply on production, use, storage, sale, distribution, import and
transportation of plastic.
ii. However, use of plastic for covering medicines, forest and horticulture products, solid waste, tree
saplings has been exempted from the list.
iii. Violation of these norms will be punishable with up to three months of jail term and/or
will attract a penalty of Rs 5000-25000.
NSD to host 8th Theatre Olympics in Mumbai
National School of Drama (NSD) will be hosting the 8th edition of Theatre Olympics in Mumbai
from 24th March, 2018 to 7th April, 2018.
i. Theatre Olympics is the largest international theatre festival and is being held in India for the first
time.
ii. NSD is hosting the 8th edition of Theatre Olympics in Mumbai in collaboration with Directorate of
Cultural Affairs, Maharashtra.
iii. 8th Theatre Olympics opened in Delhi and will be covering 17 Indian cities with over
25000 artistes performing nearly 450 shows.
iv. Theme for the 8th edition of Theatre Olympics is 'Flag of Friendship'.
v. The Jaipur chapter of the Theatre Olympics, 2018, will be organised by NSD under the
aegis of Union ministry of Culture in collaboration with the Ravindra Manch Society and
Rajasthan State Art and Culture department from 18th March, 2018 to 1st April, 2018.
vi. Concept of Theatre Olympics was established in 1993 in Greece, and thereafter it was
held in Japan (1999), followed by Russia (2001), Turkey (2006), South Korea (2010), China (2014)
and Poland (2016).
LS passed amendment to stonewall scrutiny of foreign poll funding
On March 14, 2018, Lok Sabha passed 21 amendments to the Finance Bill 2018 including an
amendment to the Foreign Contribution (Regulation) Act, 2010.
i. As per Representation of Peoples Act, political parties in India cannot accept foreign funds.
ii. As per Foreign Contribution (Regulation) Act (FCRA), 2010, which repealed and replaced FCRA
1976, any company registered abroad or with subsidiaries abroad was defined as foreign
firm.
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iii. Through Finance Act, 2016, definition of foreign firm was changed and a firm with less than 50
per cent of share capital held by a foreign entity was no longer considered a foreign firm.
iv. The retrospective amendment to FCRA 2010 through Finance Bill 2018 will do away
with the scope for scrutiny of a political party’s funding
President releases commemorative coins on Nabakalebara festival
On March 18, 2018, President Ram Nath Kovind released Rs 1000 and Rs 10
commemorative coins on Nabakalebara festival in Puri, Odisha.It is observed in the Shree
Jagannath Temple at Puri, Odisha at a predefined time according to Hindu Calender. It is a
symbolic recreation of the wooden forms of deities at Jagannath Temple, Puri. ‘Naba’ means new
and ‘Kalebara’ is body.
The commemorative coins were released during the centenary celebrations of Rashtriya
Sanskrit Sansthan.
Curtain Raiser for ‘3rd National Conclave on Mines and Minerals’ to be held in New Delhi
On 20th March 2018, the 3rd National Conclave on Mines & Minerals will be held at
Convention Hall in Hotel Ashoka, New Delhi & it is organized by the Ministry of Mines.
Federation of Indian Mineral Industries (FIMI) partners the event.
i. Public and private mining companies will participate in the conclave. Minister of Mines,
Narendra Singh Tomar will present the awards for ‘5 Star’ rating to the 20 best performing
mines.
ii. Technical sessions will be conducted on the following topics: Auction of Mineral Blocks &
Implementation of Pradhan Mantri Khanij Kshetra Kalyan Yojna (PMKKKY), Impetus on Exploration,
Sustainable Development Framework – Sharing of Best Practices.
BHEL commissions 1st unit of Kishanganga hydro project in J&K
On March 19, 2018, government-owned Bharat Heavy Electricals Limited (BHEL) announced
that it has commissioned the first unit of 110 MW of the Kishanganga hydro-electric project
(HEP) of NHPC in Jammu and Kashmir (J&K).
i. The 340 MW Kishanganga hydro project is located in Bandipora district of J&K on the
river Kishanganga (a tributary of the Jhelum).
ii. Bhel has so far commissioned 31 Hydro sets with a cumulative capacity of 1257 MW in J&K.
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F-16 jet production unit will be set up in India
Lockheed Martin has announced the setting up of F-16 jet production unit in India.
Lockheed Martin is an American aerospace and defence giant. It said that, the F-16 jet production
unit to be set up in India will be an exclusive one and will be in line with the 'Make in India'
initiative.
About Lockheed Martin:
♦ Chairman, President and CEO - Marillyn A. Hewson
♦ Executive Vice President and Chief Financial Officer - Bruce L. Tanner.
Third edition of National Conclave on Mines and Minerals held in Delhi
On 20th March 2018, the 3rd edition of National Conclave on Mines and Minerals was held in
New Delhi.
i. It acts as a platform to display the recent policy initiatives by the Indian government. Discussion
on the issues, challenges and opportunities in the mining sector were conducted.
ii. Mines Minister Narendra Singh Tomar presented awards to 20 best performing mines
with '5-Star' rating.
NCAA becomes World’s First Trusted Digital Repository
India’s National Cultural Audiovisual Archives (NCAA) has been certified as the world’s first
Trusted Digital Repository as per ISO 16363:2012 standard, granted by Primary Trustworthy
Digital Repository Authorisation Body Ltd. (PTAB), United Kingdom.
i. NCAA is a project of the Union Ministry of Culture, implemented by Indira Gandhi
National Centre for the Arts (IGNCA).
ii. Objective of NCAA is to identify and preserve India’s cultural heritage available in audiovisual
form through a process of digitization and making it accessible to the people.
iii. NCAA digital repository is powered by DIGITĀLAYA which is developed by C-DAC Pune.
Karnataka cabinet approves separate religion status for Lingayats
On March 19, 2018, Karnataka State Government under Chief Minister Siddaramaiah (belonging to
Congress Party) approved the separate religion status for the Lingayat community.
i. Lingayat community owes allegiance to the 12th century social reform movement initiated by
Basaveshwara.
ii. Lingayats have been demanding a separate religion status since long time. Besides, a seven-
member committee, formed by Karnataka State Minorities Commission which submitted its
report on March 2, 2018 recommended that Lingayats in Karnataka may be considered as a
religious minority.
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First India-Japan Workshop on Disaster Risk Reduction organised in New Delhi
On 19th and 20th March 2018, the First India-Japan Workshop on Disaster Risk Reduction
was held in New Delhi.
i. The workshop was inaugurated by Dr. Rajiv Kumar, Vice-Chairman of NITI Aayog.It is
organised by the Ministry of Home Affairs, National Disaster Management Authority
ii.The workshop was aimed to take the dialogue on India-Japan Cooperation on Disaster Risk
Reduction to the next level with main focus on earthquake safety.
iii. Possible areas of cooperation between India and Japan in the field of Disaster Risk Reduction
were identified.
iv. This Workshop is the first outcome of the Memorandum of Cooperation regarding Disaster Risk
Reduction (DRR) signed by India and Japan in September 2017.
Centre approves to set up a plastic park in Deoghar district of Jharkhand
Union Minister for Chemicals & Fertilizers, Ananthkumar has announced that Central
Government has approved the setting up of a Plastic Park in Deoghar District of Jharkhand.
i. The Plastic Park would be set up at a cost of Rs. 120 crores over an area of 150 acres.
ii. Range of polymer products including woven sacks, water tanks, moulded furniture, bottles, pipes
mosquito nets, etc would be manufactured at this Plastic Park.
iii. Mr. Ananthkumar also requested the Jharkhand State Government to facilitate land/ building
infrastructure to set up a Central Institute for Plastic Engineering & Technology
(CIPET) alongside the Plastic Park, for training necessary human resource (plastic engineers and
technicians).
iv. Besides, Mr. Ananthkumar also announced the setting up of Rs. 3.5 crore Plastic Recycling
unit at Deoghar to handle the problem of plastic waste being generated due to tourist inflow.
v. Plastic Park, CIPET and the Plastic Recycling unit would together form an ecosystem that would
encourage setting up of Plastic Industry at Deoghar and would make it a ‘Plastic Hub’ in future.
India Post releases special cover on Stephen Hawking
On March 20, 2018, India Post paid a tribute to theoretical physicist, cosmologist and author
Stephen Hawking by issuing a special cover on him.
i. The special cover on Stephen Hawking was jointly issued by Chief Post Master General (CPMG)
of Maharashtra and Goa Circle, H C Agrawal and Director of the Tata Institute of Fundamental
Research (TIFR) Dr Sandip Trivedi at an event held in the General Post Office (GPO), Mumbai.
ii. ’A Brief History of Time’, ‘The Universe in a Nutshell’, ‘On the Shoulders of Giants” are some of
the popular books written by Stephen Hawking.
J&K cabinet Okays adoption of WBCIS for horticulture crops
On March 20, 2018, Jammu and Kashmir (J&K) cabinet gave its in-principle approval for adopting
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the Restructured Weather Based Crop Insurance Scheme (RWBCIS) for horticulture crops
such as apple and saffron in the state.
Under RWBCIS, farmers will be provided insurance coverage and financial support in the
event of failure of any of the notified crops due to adverse weather incidences.
Telugu made compulsory in all schools in Telangana
On 20th March 2018, Telangana Chief Minister K. Chandrashekhar Rao mandated teaching
Telugu as a compulsory subject in all the public and private schools of the Telangana for the
academic year 2018-2019.
He said that, the Telugu University and the Sahitya Academy will decide the Telugu syllabus for
various standards.
Punjab imposes permanent ban on Hookah bars
On 19th March 2018, Punjab government decided to impose a permanent ban on hookah bars in
Punjab.
i. Punjab cabinet approved an amendment to the Cigarette and Other Tobacco Products
(Prohibition of Advertisement and Regulation of Trade and Commerce, Production,
Supply and Distribution) Act (COTPA), 2003 for the prevention and control of diseases caused
by the use of tobacco products.
Government sets up task force to draft new Direct Tax Law
Central Board of Direct Taxes (CBDT) has stated that it has constituted a task force to review
the Income Tax Act, 1961 and to draft a new Direct Tax Law which takes into consideration the
prevailing economic scenario and economic needs of contemporary India.
i. CBDT believes that to prepare the draft of new Direct Tax Law, it is necessary to engage with
stakeholders and general public.
ii. Thus it has invited suggestions and feedback from stakeholders and general public in
the format provided on www.incometaxindia.gov.in.
iii. Suggestions/feedback in this regard may be sent through e-mail at rewriting-
[email protected] by April 2, 2018.
Jackfruit declared as Kerala's official fruit
On 21st March 2018, the jackfruit was declared as official fruit of Kerala.
i. An official announcement on this regard was made by Kerala Agriculture minister V S Sunil
Kumar in the Kerala state assembly.
ii.The agricultural office in Ambalavayil in Wayanad is to be used for jackfruit research.
iii. The state animal of Kerala is ‘Elephant’. The state bird of Kerala is 'great hornbill'. The
state flower of Kerala is 'kanikkonna'.
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I&B Ministry reconstitutes panels for PIB accreditation
The Information and Broadcasting (I&B) Ministry has reconstituted two journalist-related bodies.
i. On 20th March 2018 an order was issued by Information and Broadcasting Ministry that
announced the members of the Central Press Accreditation Committee.
ii. The committee is headed by the Prinicpal Director General of PIB as the ex-officio chairperson. It
has 8 members. It has a tenure of 2 years.
iii. Other members are: a representative of the Press Council of India and a representative of the
News Broadcasters Association.
iv. Five other members are: Prashant Mishra of Dainik Jagran; Navika Kumar of Times Now;
Kanchan Gupta, commissioning editor with ABP News; J Gopikrishnan of The Pioneer; and Smita
Prakash, Editor News of Asian News International.
World's longest sandstone cave discovered in Meghalaya
The world’s longest sandstone cave named ‘Krem Puri’ has been discovered in Meghalaya. It was
measured by the Meghalaya Adventurers’ Association (MAA). It is 24,583 metres long.
i. This cave is over 6,000 metres longer than the world record-holder Cueva Del Saman, a
sandstone cave in Edo Zulia, Venezuela.
ii. It has also become India’s second longest cave in the general category. The longest India
cave is the Krem Liat Prah-Umim-Labit system in the Jaintia Hills in Meghalaya.
BIRAC celebrates its 6th Foundation Day
On 20th March 2018, Biotechnology Industry Research Assistance Council (BIRAC)
celebrated its 6th Foundation Day in New Delhi.
i. The event was inaugurated by Dr. Harsh Vardhan, Union Minister for Science &
Technology and Earth Sciences and Environment, Forests and Climate Change, who was
the Chief Guest of the event.
ii. Theme: The theme for 6th Foundation Day of BIRAC was ‘Sustaining Innovation – A Market
Driven Pathway’.
About Biotechnology Industry Research Assistance Council (BIRAC):
♦ Type - not-for-profit Public Sector Enterprise
♦ Set up by - Department of Biotechnology (DBT), Ministry of Science and Technology
Central Government to fully fund education of martyrs' children
On March 21, 2018, Union Defence Ministry released a notification stating that Indian government
will now; fully fund the education of martyrs' children.
i. Earlier,Government did provide educational concession to martyrs’ children. However it
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was limited only up to Rs 10000 a month.
ii. Around 3400 such children will be covered under this initiative and every year, Rs. 5
crore will be spent by the Government for this cause.
iii. Government funding will be provided only for undertaking studies in government/government-
aided schools/educational institutes/military/Sainik schools and other schools or colleges recognised
by the Central or State governments.
Air India becomes First commercial flight to cross Saudi airspace to land in Israel
On March 22, 2018, Air India flight (AI 139) became the first flight to land at Tel Aviv's Ben Gurion
Airport (Israel) after passing through Saudi Arabia air space.
i. This is the first time, Saudi Arabia has allowed a commercial flight to Israel to use its airspace.
Saudi Arabia’s decision to permit Air India to use its airspace enabled it to take a shorter
route, saving 2.10 hours of travel time.
‘First Indian Sign Language Dictionary of 3000 Words’ Launched
On March 23, 2018, Union Minister for Social Justice and Empowerment, Thaawarchand
Gehlot launched “First Indian Sign Language Dictionary of 3000 words” in New Delhi.
i. The Indian Sign Language (ISL) Dictionary has been developed by Indian Sign Language
Research & Training Centre (ISLR&TC) under Department of Empowerment of Persons with
Disabilities (DEPwD) of Union Ministry of Social Justice & Empowerment.
All India Police Science Congress Kicks Off In Shimla
On 22nd March 2018, the 46th All India Police Science Congress began in Shimla,
Himachal Pradesh.
i. All India Police Science Congress was organised by the Himachal Pradesh Police Department
and The Bureau of Police Research and Development. It was held for 2 days.
ii.It was inaugurated by Himachal Pradesh Chief Minister Jai Ram Thakur. Director General Bureau
of Police Research and Development A P Maheshwari said that, forums have been created for
collaboration of scholars of IIT, IIM and the police to tackle threats posed by criminals in the virtual
world.
ISRO postpones launch of Chandrayaan-2 mission
Indian Space Research Organisation (ISRO) has announced that launch of India's second lunar
mission 'Chandrayaan-2', which was to be launched in April 2018, has been postponed to
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October 2018.
i. The mission has been postponed as experts have suggested some additional tests before
the ii. Estimated cost of 'Chandrayaan-2' mission is Rs. 800 crore.
ii.Objective of this mission is to collect scientific information on lunar topography, elemental
abundance, mineralogy, lunar exosphere and signatures of hydroxyl and water-ice.
Chandigarh becomes North India’s 1st city to install Digital Automatic Speed Gun
Cameras
Chandigarh has become North India’s 1st city to install Digital Automatic Speed Gun Cameras to
check vehicles driving above the permissible speed limit.
i. The cameras will record the speed of the oncoming vehicles in its vision area and issue chalan to
anyone driving above the stipulated city speed limit.
ii. The chalan along with image of over speeding will be sent to vehicle owner's
residential address.
Delhi government presents 'green budget’ aims at controlling pollution
On March 22, 2018, Delhi government presented a 'green budget' aimed at controlling pollution and
monitoring its impact on the environment.
i. Rs. 53000 crore Budget for fiscal 2018-19 was unveiled by Delhi Deputy Chief Minister
Manish Sisodia (Aam Aadmi Party).
ii. Mr. Sisodia highlighted that, under Delhi Budget 2018-19, 26 programmes and schemes of
transport, power, environment and PWD will be threaded togetherfor devising a unified
system of pollution control.
iii.Rs 846 crore has been allocated to Public Works Department (PWD) for 2018-19 fiscal for
executing several initiatives including landscaping of PWD roads to reduce dust and
installation of LED street lights.
IRDAI extends Aadhaar linking deadline for insurance policies
Insurance Regulatory and Development Authority of India (IRDAI) has extended the
deadline for linking of insurance policies with Aadhaar numbers indefinitely.
i. Earlier, IRDAI had ordered all insurers to complete linking of existing insurance policies with
Aadhaar before March 31, 2018.
ii. This decision has been taken by IRDAI in accordance with Supreme Court of India’s order to
extend the deadline of linking Aadhaar indefinitely till the matter is finally heard and the judgement
is pronounced.
Ambedkar Jayanti to be celebrated as 'Social Justice Day'
On 23rd March 2018, BJP national spokesperson Anil Baluni announced that, the birth anniversary of
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Dr BR Ambedkar (14th April) will be celebrated as 'Social Justice Day'.
i. He is the principal architect of the Indian Constitution. He is a founding father of the Republic of
India.
ii. He fought against social discrimination of Dalits. He was an inspiration for the Dalit Buddhist
Movement in 1956. In 1990, he was awarded the Bharat Ratna award posthumously.
Assam govt to construct 1 lakh toilets across state under Mission Sambavh
On March 26, 2018, Assam State Government launched a special programme to build one lakh
toilets across the state under the Swachh Bharat Mission.
i. This special programme is named ‘Mission Sambavh’ (Mission Possible ), under which,
construction works will be completed within 10 days.
ii. The programme was launched at Morigaon district, in presence of Assam Chief Minister
Sarbanand Sonowal.
iii. Assam State government has set a target to make the state Open Defecation Free (ODF)
during 2018.
iv. It is to be noted that five districts in Assam have already been declared ODF.
1st Print Biennale India – 2018 exhibition begins in New Delhi
‘Print Biennale India 2018’, the first-ever International Exhibition of Graphic Prints was
inaugurated in New Delhi on March 25, 2018.
i. The exhibition is being hosted by India’s National Academy of Art, the Lalit Kala Akademi.
Eminent Artist-Printmaker, Shakti Barman was the Chief Guest at the inaugural ceremony.
ii. The exhibition has brought together participants from 17 countries such as USA, UK, Sri
Lanka, Mexico, China, Sweden, Poland, Argentina, Greece, Bangladesh, and Mauritius.
iii. An exhibition ‘Eminent Printmakers of India’ showcasing master Indian printmakers, was
also inaugurated on March 26th, 2018 at the National Gallery of Modern Art (NGMA), New Delhi.
Gujarat Govt to Set Up 100 Mld Seawater Desalination Plant
On March 25, 2018, Gujarat Chief Minister Vijay Rupani stated that a
seawater desalination plant, with capacity to desalinate 100 million litre water per day will be set
up near Jodiya town in Jamnagar district.
i. It is to be noted that Jamnagar in Saurashtra region of Gujarat faces severe
water shortage especially during summer season.The proposed desalination plant will thus
help to reduce water shortage.
Surat becomes first district to have 100% solar powered health centres
Surat district in Gujarat has become the first district in India to have 100 percent solar powered
Primary Health Centers (PHC).
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i. This initiative will not only contribute in reducing the electricity bill by 40 percent but will
also help in fighting global warming.
ii. 150 out of 572 gram panchayats in Surat are now powered by solar system.
Famous Madhavpur Mela begins in Gujarat
On 25th March 2018, the Madhavpur Mela started at Madhavpur Ghed village in Porbandar
district of Gujarat.
i. The Madhavpur Mela is held for four days till 28th March 2018. For the first time, there will be a
cultural integration with the North-East people during this festival as the Madhavpur Mela and
Mishmi Tribe of Arunachal Pradesh share common roots.
ii. This festival will feature art, dance, music, poetry, story-telling and folk drama from Arunachal
Pradesh, Manipur and other North-Eastern States.
World’s oldest city Varanasi goes ‘wireless’
In Varanasi, overhead power cables are being taken off after underground lines have been laid for
more than 16 sq km.
i.Under the Integrated Power Development Scheme (IPDS) of Indian
government, Powergrid has laid 16 square kilometers of underground lines in Varanasi. This will
be utilized by nearly 50,000 consumers.
ii.Work on this project was started in December 2015. Atul Nigam, managing director of Purvanchal
Vidyut Vitran Nigam Limited, said that, line loss in the area covered by IPDS has reduced to 9.9%
from 42.7%.
About Powergrid:
♦ Chairman and Managing Director - I.S.Jha
♦ Corporate Office – Gurgaon, Haryana
Government Guarantee for Indian Railway Finance Corporation (IRFC) Bonds
Union Ministry of Finance has approved Government guarantee of Rs. 5000 crore in financial year
2017-18 for Indian Railway Finance Corporation (IRFC) bonds to be subscribed
by Life Insurance Corporation (LIC).
i. In March 2015, Union Ministry of Railways entered into Memorandum of Understanding
(MoU) with LIC, by which, LIC has to provide a financial assistance of Rs. 150000 crore
for identified Railway projects from 2015 to 2019.
ii. However, owing to exposure limit constraints on account of IRDA guidelines; LIC has not been
able to subscribe to IRFC bonds beyond a certain limit.
Microsoft opens the Garage in Hyderabad
On 26th March 2018, Microsoft opened the 'Garage' at the Microsoft India Development Centre in
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Hyderabad, Telangana.
i. The Garage was inaugurated at the Microsoft India Development Centre in Hyderabad
by Telangana IT Minister K T Rama Rao.
ii. It is a platform for Microsoft employees that encourages experimentation, working together
across organisations and to discover ideas and develop prototypes, adding value to existing
products.
About Microsoft India:
♦ President, Microsoft Corporation India Pvt. Ltd. - Anant Maheshwari
♦ MD, Microsoft India (R&D) Private Limited and Corporate Vice President, Cloud & Enterprise,
Microsoft India Development Center - Anil Bhansali
Department of Posts launches Cool EMS Service between India and Japan
Ministry of Communications has introduced the Cool EMS Service between Japan and
India with effect from 29.03.2018 that will allow Indian customers to import Japanese
food items for personal use.
i. Cool EMS service is a one-way service from Japan to India. It enables customers in India to
import Japanese food items for personal use as allowed under Indian regulations.
ii. In the initial phase, Cool EMS Service is made available only in Delhi. Food items will be
carried by Japan Post in special cool boxes containing refrigerant to preserve the food.
About Ministry of Communications:
♦ Minister of state (Independent charge) for Communications - Manoj Sinha
♦ Headquarters - New Delhi
India's first insect museum opened in Tamil Nadu
On March 26, 2018, Tamil Nadu Chief Minister K Palaniswamy, unveiled an insect museum at
the Tamil Nadu Agricultural University in Coimbatore.
i. The museum is fully dedicated to insects and claimed to be the first of its kind in India.
ii. It has been set up over 6691 sqft area at the cost of Rs. 5 crore.
iii. The lobby of this insect museum depicts the theme, "BUGS ARE KINGS".
Quick Facts about Tamil Nadu Agricultural University:
♦ Established in – 1868 (as Agricultural School at Saidapet, Chennai)
♦ Relocated to Coimbatore in – 1906
♦ National Institutional Ranking Framework (NIRF) 2017 – 28th and 17th place in ‘Overall’ and
‘Universities’ categories respectively
MHRD has approved ‘Study in India’ programme
The Ministry of Human Resources Development (MHRD) has approved 'Study in India'
programme to attract foreign students to study in India.
i. This programme has several objectives including doubling India's market share of global
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education exports from less than 1 percent to 2 percent and improving global ranking of
Indian educational institutes.
ii. Under this programme, meritorious foreign students will be given free waiver by respective
institutes based on pre-defined criteria. Top 25% students will be given 100% waiver in
tuition fees, next 25% will be given 50% waiver and another 25% below that will get 25% waiver.
iii. However, Government has approved brand promotion expenditure of Rs. 150 crores for the
‘Study in India’ programme for 2018-19 and 2019-20
Government releases Draft policy on Defence Production
Union Defence Ministry has released a draft policy aimed at promoting the domestic defence
industry and positioning it to achieve a turnover of Rs 170000 crore in military goods and
services by 2025.
i. The aim of Defence Production is to make India self-reliant in terms of Defence Production
and also to emerge as one of the top five manufacturers of defence platforms in the
world.
ii. Besides, increasing domestic defence production, another goal is to achieve export of Rs
35000 crore in military equipment and services by 2025.
iii. These goals are to be achieved with active participation of public as well as private sectors.
SARAS Aajeevika Mela 2018 held in New Delhi
On 23rd March to 1st April 2018, SARAS AajeevikaMela 2018 is held in Hall No. 7,
PragatiMaidan, New Delhi.
i. The SARAS Aajeevika Mela 2018 is organized by DAY-NRLM (Deendayal Antyodaya Yojana
– National Rural Livelihoods Mission).
ii. SHG (Self Help Group) women from all states of India display and sell their products in the
SARAS Aajeevika Mela 2018. More than 350 stalls have been set up.
NITI Aayog releases Baseline Ranking of Aspirational Districts
On March 28, 2018, NITI Aayog CEO Amitabh Kant launched the baseline ranking for the
Aspirational Districts based on published data of 49 indicators across five developmental areas of
Education, Health and Nutrition, Agriculture and Water Resources, Basic Infrastructure and
Financial Inclusion and Skill Development
i. Mr. Kant also announced that the ‘Champions of Change’ Dashboard (created by NITI
Aayog in partnership with the Government of Andhra Pradesh) for real-time data collection
and monitoring will be open for public viewing from April 1, 2018.
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ii. Besides, in order to exemplify the spirit of competitive federalism, Delta Ranking (ranking
based on incremental progress) of Districts will be available from May 2018.
About Aspirational Districts:
93% rural households with access to toilets using them: NARSS 2017-18
As per findings of National Annual Rural Sanitation Survey (NARSS) 2017-18, about 77%
homes in rural areas of India have got toilets and over 93 per cent households in villages who have
access to toilets are using them.
i. NARSS 2017-18, was conducted by an independent verification agency selected by Union Ministry
of Drinking Water and Sanitation under the World Bank support project to the Swachh Bharat
Mission Gramin (SBM-G).
ii. The survey was conducted between mid-November 2017 to mid-March 2018 and covered
92040 households in 6136 villages of India.
iii. As per Government data, since the launch of Swachh Bharat Mission in October 2014, 6.5 crore
toilets have been built across rural areas and about 30 crore people have stopped defecating in
the open.
India, China agree to renegotiate bilateral trade and investment agreement
On March 26, 2018, a meeting between Union Commerce and Industry Minister, Suresh
Prabhu and China’s Trade Minister Zhong Shan was held in New Delhi.
i. This meeting was held under the aegis of the China-India joint-group on Economic
Relations, Trade, Science & Technology.
ii. During the meeting, both the countries agreed to renegotiate a bilateral investment agreement
and jointly prepare a road map to reduce the massive trade imbalance in favour of China.
iii. It is to be noted that India’s goods trade deficit with China for the first ten months of
20017-18 stands at $52 billion as against $0.6 billion in 2000-01.
iv. This meeting was held in the backdrop of US plan to impose $50-billion tariffs on Chinese goods,
a move which trade experts believe, would trigger a global trade war.
Ministry of Power partners with Skill India to support electrification scheme 'Saubhagya'
On March 27, 2018, Union Ministry of Power partnered with the Union Ministry of Skill
Development & Entrepreneurship to train the manpower in six states for speedy
implementation of SAUBHAGYA scheme.
i. SAUBHAGYA (Pradhan Mantri Sahaj Bijli Har Ghar Yojna) aims to achieve universal
household electrification in all parts of India in a time bound manner.
ii. Training the manpower in six states - Assam, Bihar, Madhya Pradesh, Jharkhand, Odisha
and Uttar Pradesh - under this initiative, will be undertaken as a special project under Central
Government’s Pradhan Mantri Kaushal Vikas Yojana (PMKVY).
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iii. This partnership will be instrumental in addressing the issue of lack of trained manpower,
which has been the main constraint in speedy implementation of the Government’s electrification
programme under SAUBHAGYA.
About SAUBHAGYA (Pradhan Mantri Sahaj Bijli Har Ghar Yojna) Scheme:
♦ Announced in – September 2017
♦ Objective – to provide electricity to all households in India
♦ Total Financial Outlay – Rs. 16320 crore.
Virat Kohli wax statue to be unveiled at Madame Tussauds Delhi
Indian cricket captain Virat Kohli’s wax figure will soon be unveiled at Madame Tussauds, Delhi.
i. The main Madame Tussauds wax museum is in London and smaller museums are located in
a number of other major cities of the world including New York, Berlin, Beijing, Tokyo, Singapore
and Sydney.
ii. Kapil Dev, Sachin Tendulkar and Critiano Ronaldo are other sportsperson featured at
Madame Tussauds Delhi.
SAP to collaborate with NITI Aayog’s Atal Innovation Mission
On March 27, 2018, SAP (Systems, Applications & Products in Data Processing) signed a
Statement of Intent (SOI) with NITI Aayog’s Atal Innovation Mission (AIM).
i. NITI Aayog’s Atal Innovation Mission (AIM) is Indian Government’s endeavour to promote a
culture of innovation and entrepreneurship across Indian schools, universities and
industries. Under AIM, Atal Tinkering Laboratories (ATLs) have been established in schools
across India to foster curiosity, creativity and imagination in young generation.
ii. As part of the SOI, SAP will adopt 100 Atal Tinkering Laboratories (ATL) during 2018 to
promote science, technology, engineering and mathematics (STEM) education among
secondary school children across India, specifically in Rajasthan, Delhi, Gujarat, Karnataka,
Maharashtra, Andhra Pradesh and Telangana.
Quick Facts about SAP:
♦ Founded in – 1972
♦ Makes – Enterprise software to manage business operations and customer relations
♦ Headquarters – Walldorf, Germany.
India Becomes 3rd Largest Electricity Producer in the World
With production of 1423 billion units (BU) in Financial Year 2016, India was the third largest
producer of electricity in the world.
i. Over seven years to 2017, electricity production in India grew by 34%.
ii. India now produces more electricity than Japan and Russia, which had 27% and 8.77%
more electricity generation capacity installed, respectively, than India seven years ago.
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iii. According to a report by India Brand Equity Foundation (IBEF), a trust established by the
commerce ministry, Electricity production in India stood at 1003.525 BU between April
2017-January 2018.
World’s Top 5 Electricity Producers In 2016:
Country Electricity Produced (in BU) China 6015 US 4327 India 1423 Russia 1088 Japan 1018
CBDT extends PAN-Aadhaar linking deadline to June 30
The CBDT (Central Board of Direct Taxes) has extended the deadline for the PAN-Aadhaar
linking from the current last date of 31 March 2018 to 30 June 2018.
i. The order issued by CBDT said that, the deadline for PAN-Aadhaar linking for filing I-T returns is
extended till 30 June 2018.
ii. This is the fourth extension offered by the government for individuals to link their Permanent
Account Number (PAN) with their biometric ID (Aadhaar).
iii. Previous deadlines were 31 July 2017, 31 August 2017 and 31 December 2017.
Asia's Largest Tulip Garden “Indira Gandhi Memorial Tulip Garden” in Srinagar Opens for
Visitors
On 25th March 2018, Indira Gandhi Memorial Tulip Garden, Asia's largest Tulip garden, in Srinagar,
Jammu & Kashmir, was opened for visitors.
i. The Indira Gandhi Memorial Tulip Garden is located on the foothills of the Zabarwan mountain
range along the banks of Dal Lake.
ii. Jammu and Kashmir Floriculture minister Javed Mustafa Mir said that, the floriculture
department has planted 12.25 lakh Tulip bulbs of 40 varieties and colours in the garden.
NHAI Joins Hands With AAI For Green Corridor In Varanasi
On 28th March 2018, the government announced that, the National Highways Authority of India
(NHAI) has tied up with Airports Authority of India (AAI) to develop a green corridor covering 16.55
km in Varanasi.
NHAI Joins Hands With AAI For Green Corridor In Varanasi:
i. On 28th March 2018, a MoU was signed by NHAI and AAI for the construction of a green corridor
along Varanasi Bypass covering 16.55 km of NH 56 and NH 29.
ii. The Ministry of Road Transport and Highways said that, AAI would provide funds worth Rs 5
crore for plantations and maintenance work under their CSR (Corporate Social Responsibility) funds
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for 5 years.
iii. The NHAI and AAI have joined hands under "Adopt a Green Highway Programme" as a
Corporate Social Responsibility (CSR) initiative of AAI.
Government introduces Swachh Bharat Summer Internship for college students
In a bid to engage college students in Government's cleanliness drive, Union Ministry of Drinking
Water and Sanitation has introduced a Swachh Bharat Summer Internship (SBSI).
i. As a part of this internship programme, students (interns) would be required to undertake 100
hours of activities including creation of sanitation infrastructure, building necessary
systems and carry out behaviour change campaigns in and around nearby villages.
ii. SBSI will be implemented in association with the Union Ministry of Human Resource
Development.
New Jersey declares April as Sikh Awareness Month
In wake of increasing and unacceptable levels of anti-Sikh bigotry, US state of New
Jersey’s State Assembly has declared April as ‘Sikh Awareness and Appreciation Month’.
i. During the month of April, efforts will be made to promote public awareness of the Sikh faith,
recognise the important contributions of the Sikh community and combat anti-Sikh bigotry.
ii. As per US Government data, nearly 60 per cent of Americans know nothing about Sikh
religion or its practitioners.
MP has the highest tribal habitations fully covered by Drinking Water supply
Among all Indian states, Madhya Pradesh has the highest number tribal habitations (55770) fully
covered with the safe drinking water supply.
i. As on March 21, 2018, 301858 out of 365050 Scheduled Tribe (ST) dominated
habitations in India are fully covered with provision of safe drinking water supply.
ii. Under ‘National Rural Drinking Water Programme (NRDWP)’, 10% of the total allocation of
funds is earmarked to be used for the supply of drinking water.
iii. Besides, with funding from NRDWP and assistance from Ministry of New and Renewable Energy
(MNRE), Government is also installing solar power based dual pump schemes in Left Wing
Extremist/Naxal Affected States for providing safe drinking water to small rural tribal habitations in
these areas through taps.
Madhya Pradesh's Kadaknath chicken gets Geographical Indication tag
Madhya Pradesh has got Geographical Indications (GI) tag for Kadaknath, a chicken breed
whose black meat is in demand in certain regions of the state.
i. Kadaknath chicken’s protein-rich black meat is sold at a much higher price than other varieties of
chicken.
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ii. It is native to Jhabua, Alirajpur and parts of Dhar district of Madhya Pradesh.
About Geographical Indications (GI) tag:
i. GI tag is a name or sign given to certain products which correspond to a specific geographical
location or origin.
ii. GI tag grants exclusivity for using the name/sign to the producer/manufacturer in the
corresponding region and thereby testifies the origin, quality and reputation of the
product/commodity.
Madhya Pradesh government raises retirement age of state government employees from
60 to 62 years
On 30th March 2018, Madhya Pradesh Chief Minister Shivraj Singh Chouhan increased the
retirement age of Madhya Pradesh government employees from 60 to 62 years.
i. In August 2013, Shivraj Singh Chouhan had said that the Madhya Pradesh government will
consider increasing the retirement age of state government employees from 60 to 62 years.
Girls School in Haryana Renamed as Shaheed Major Vikas Yadav Girls School
On 29th March 2018, Haryana State Education Department renamed the Government Senior
Secondary Girls School, Kosli in Rewari district as Shaheed Major Vikas Yadav Senior
Secondary School.
i. The school has been renamed on his birth anniversary. A statue of Major Vikas Yadav was also
unveiled by Lt Gen SK Saini, Colonel of the Jat Regiment.
ii. This initiative was taken by District Education Board and was supported by Late Major Vikas
Yadav’s family.
First National Conclave on Psychological Trauma, Child Protection, and Mental Illnesses
held in New Delhi
On 27th and 28th March 2018, First National Conclave on Psychological Trauma, Child
Protection, and Mental Illnesses was held in J L N Auditorium, AIIMS, New Delhi.
i. Organised by: The conclave was organized by Ministry of Women & Child Development, in
collaboration with the Department of Psychiatry, AIIMS (All India Institutes of Medical
Sciences).
ii. Minister of State for Women and Child Development, Dr. Virendra Kumar, inaugurated
the conclave.
iii. The conclave aimed to provide a gist of research, service provision, and clinical practice involved
in psychological trauma and mental illnesses in Indian children and adolescents.
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About AIIMS (All India Institutes of Medical Sciences):
♦ Director - Prof Randeep Guleria
♦ Headquarters – New Delhi.
Government to divest 76% stake in Air India
The government has announced that, it has planned to sell 76 per cent stake in Air India.
i. This has been mentioned in the expression of interest (EoI) document that was released on
28th March 2018.
ii. The government has planned to sell 76 per cent equity share capital of Air India along with
subsidiary Air India Express and a 50% stake in Air India SATS (Singapore Airport Terminal
Services) and also transfer the management control.
iii. Ernst & Young LLP India has been named the transaction adviser for this
disinvestment process.
Tripura to Set up Crime Wing of State Police
Tripura State Government has decided to set up a well-equipped Crime Wing under the state
police to prevent unlawful activities such as drug and narcotics peddling.
i. Tripura’s Law Minister Ratan Lal Nath has stated that the new Crime Wing under Tripura’s
State Police will be modelled on lines of Delhi Police's crime branch.
ii. It is to be noted that curbing crime in the state and restoring the rule of land was one of the
promise made in Bharatiya Janata Party’s (BJP's) election manifesto.
iii. BJP’s Tripura President, Biplab Kumar Deb took oath as the 10th Chief Minister of
Tripura on March 9, 2018.
India and Pakistan agree to resolve matters related to the treatment of diplomats and
diplomatic premises
On 30th March 2018, the Ministry of External Affairs (MEA) of India said that, India and Pakistan
have agreed to resolve all issues regarding treatment of their diplomats placed in the other
country through talks.
i. MEA released a statement saying: India and Pakistan have mutually agreed to resolve matters
related to the treatment of diplomats and diplomatic premises, in line with the 1992 "Code of
Conduct for the treatment of diplomatic/consular personnel in India and Pakistan".
ii. India submitted over 15 notes verbale (semi-formal communications) to Pakistan’s Foreign
Office on the issue of harassment of officials and their families.
High Commissioners:
♦ Pakistan's High Commissioner to India - Sohail Mahmood
♦ India’s High Commissioner to Pakistan – Ajay Bisari.
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Kerala to host Asia's largest startup conclave 'Huddle Kerala'
“Huddle Kerala”, Asia's largest startup ecosystem congregation, will be held at Kovalam,
Kerala, on 6th and 7th April 2018.
i. Purpose: Huddle Kerala is aimed to create a platform for start-ups to display their products and
interact with technology and industry leaders from various parts of the world.
ii. Sharjah Digital Transformation Higher Committee Chairman Sheikh Fahim Bin Sultan Al Qasimi
and Prince Constantijn of Netherlands will also take part in the conclave.
iii. Organised by: It is organised by the Kerala Startup Mission (KSUM) along with Internet
and Mobile Association of India (IAMAI) and IAMAI Startup Foundation. The conclave will
be inaugurated by Kerala Chief Minister Pinarayi Vijayan.
iv. Main focus: Main focus of the event will be on blockchain, cryptocurrency, internet of things
(IoT), gaming and e-sports, cyber security, digital entertainment, augmented reality, virtual reality,
e-governance, mobile governance, etc.
INTERNATIONAL AFFAIRS
India has the third highest number of billionaires in the world - Hurun Global Rich List
As per Hurun Global Rich List 2018, India has the third highest number of billionaires in the world
after China and US
• Hurun Global Rich List 2018, ranked 2694 billionaires from 68 countries and from
2157 companies.Rankings are based on wealth calculations as of January 31, 2018.
• With 819 billionaires in 2018, China topped the countries list, followed by US (571
billionaires).
• During last year, total wealth of billionaires increased by 31 per cent to US$10.5
trillion, which is equivalent to 13.2 per cent of global Gross Domestic Product (GDP).
• Among Indian billionaires, although Mukesh Ambani topped the list with USD 45 billion
wealth and 19th rank, Gautam Adani (USD 14 billion wealth, Rank – 98th) witnessed fastest
growth in his wealth (109 per cent in the last 12 months).
• 32 years old Shradha Agarwal, of Outcome Wealth is the youngest Indian billionaire.
• In India, highest numbers of billionaires (19 billionaires) are from the
pharmaceuticals sector.
• The average age of all billionaires on Hurun Global Rich List 2018 is 63 years.
Hurun Global Rich List 2018 – Top 5:
Rank Name Wealth Main Source of Wealth 1 Jeff Bezos USD 123 billion Amazon 2 Warren Buffet USD 102 billion Berkshire Hathaway 3 Bill Gates USD 90 billion Microsoft 4 Mark USD 79 billion Facebook
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Zuckerberg 5 Bernard Arnault USD 78 billion -LVMH
India, Russia, Bangladesh sign pact for Rooppur atomic plant
On March 1, 2018, India, Russia and Bangladesh signed a tripartite agreement which allows Indian
firms to participate in construction and installation works in the “non-critical” category for
the Rooppur nuclear power plant project in northwest Bangladesh.
i. The MoU was signed in Moscow by Deputy Director General of Rosatom (Russia's Apex civil
nuclear body) Nikolay Spassky, Indian Ambassador to Russia Pankaj Saran and ambassador of
Bangladesh in Russia S.M. Saiful Hoque.
ii. Rosatom is constructing two nuclear reactors (with a capacity of 1200 MW each) in Rooppur,
which will be Bangaladesh’s first nuclear power project.
iii. Besides, the three countries will cooperate in the field of personnel training and mentoring,
exchange of experience and provision of consulting support.
Pakistan admits to being on ‘grey list’ of FATF
On March 1, 2018, Pakistan confirmed that it will be on the grey list of Financial Action Task
Force (FATF) from June 2018.
i. Pakistan will be placed on the ‘grey list’ as FATF has observed deficiencies in its Anti-
Money Laundering and Countering of Terrorist Financing framework.
ii. Being on the ‘grey list’ will make it harder for Pakistan Government to raise money from foreign
sources, including multilateral financing agencies.
Marshall Islands becomes 1st country to launch own cryptocurrency as legal tender
Marshall Islands has announced that, it will launch its own cryptocurrency named SOV
and it will be circulated as legal tender along with the U.S. dollar.
i. It has been said that, the SOV will be issued to the public through an initial coin
offering. Marshall Islands has limited the SOV supply at 24 million tokens to prevent inflation.
ii. SOV will function like regular money. Marshall Islands has tied up with Neema, an Israeli
financial technology startup, for issuing SOV.
iii. The launch date of SOV has not yet been decided. SOV functions on “Yakwe framework”. This
system mandates users to identify themselves on the blockchain. This will eliminate the
anonymity problem that affected bitcoin.
Washington becomes 1st state to approve net-neutrality rules
On March 5, 2018, Washington became the 1st state in US to pass its own net-neutrality law
after US regulator, Federal Communications Commission's (FCC)repealed rules set during
Obama administration that banned internet providers from blocking content or interfering with
online traffic.It was signed by Goernor Jay Inslee.
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i. The bill forbids internet service providers from blocking or slowing the flow of web
content, or from charging websites for higher delivery speeds.
ii. Provisions of this bill may technically be in contravention to FCC’s order of repealing net
neutrality rules which forbid states from filling the void with their own rules.
Net Neutrality:
♦ Principle that Internet service providers should enable non-discriminatory access to all content
and applications on the web, regardless of the source is referred to as net-neutrality.
Sri Lanka declares state of emergency after Buddhist-Muslim clash
On March 6, 2018, Sri Lankan Government declared a state of emergency for 10 days to
prevent the spread of communal violence between majority Sinhala and minority Muslims in Kandy
district.
The violence in Kandy was triggered by the death of a Sinhalese man at the hands of a mob last
week.This will be the first time since August 2011, that a state of emergency will be in
force in Sri Lanka.
Bill & Melinda Gates Foundation announces USD 170 mn for women's empowerment
On March 7, 2018, the Bill and Melinda Gates Foundation announced a USD 170 million
projects aimed at advancing women's economic empowerment in India, Tanzania, Kenya
and Uganda.
Projects in the above stated countries are focused on four key priorities - advancing gender
equality, increasing job opportunities, spreading digital financial inclusion, and
supporting the agricultural sector and women's support groups.
Quick Facts about Bill and Melinda Gates Foundation:
♦ Formed in – 2000
♦ Founders – Bill Gates and Melinda Gates
♦ Headquarters – Washington, US
♦ Objective - to enhance healthcare and reduce extreme poverty across the world and to expand
educational opportunities and access to information technology in America
World ATM Congress held in Spain
Airports Authority of India (AAI) is participating in World ATM (Air traffic Management)
Congress (WATMC) 2018 which is being held in Madrid, Spain from 6th to 8th March 2018.
i.This is world's largest international air traffic management (ATM) exhibition and conference which
brings together the world's leading product developers, experts, stakeholders in aviation.
ii. It was conceived by the Civil Air Navigation Services Organization (CANSO) in partnership with
the Air Traffic Control Association (ATCA).
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India to build 50,000 houses for earthquake victims in Nepal
India seals agreement with UN to build homes for Nepal quake victims. Gorkha and Nuwakot were
the worst-hit districts.
i. India signed an agreement with United Nations Development Programme (UNDP) and United
Nations Office for Project Services (UNOPS) to build 50, 000 homes for earthquake victims.
ii. Under the project, 26,912 home owners will be benefited in Gorkha and 23,088 homeowners in
Nuwakot.
iii. India will give USD 8.41 million to the UNOPS and USD 7.41 Million to the UNDP to build 50,
000 homes by this agreement.
11 countries sign TPP trade pact without the United States
On March 8, 2018, eleven Pacific Rim countries signed the Comprehensive and Progressive
Agreement for Trans-Pacific Partnership (CPTPP) in Chile.
i. The eleven countries that signed the agreement are Australia, Brunei, Canada, Chile, Japan,
Malaysia, Mexico, New Zealand, Peru, Singapore and Vietnam.
ii. The agreement is broadly aimed at lowering both non-tariff and tariff barriers to trade among
signatory countries.
India placed 33rd worldwide in web-borne threats: Kaspersky
As per cybersecurity and anti-virus provider, Kaspersky Labs, India ranks 33rd worldwide on the list
of countries facing web-borne threats.
i. This revelation was done by Kaspersky Lab at the recent Chief Information Security Officer
(CISO) Summit in Mumbai, through a presentation on the threat management and defense
landscape in India.
ii. CISO added that India secured 37th place worldwide in attacks by local threats and 13th in
incidents with malicious hosts located within the country.
iii. As per the data, 27.4 percent Indian users were affected by web-borne threats, while
62.7 percent users were attacked by local threats.
Quick Facts about Kaspersky Lab:
♦ Founded in – 1997
♦ Headquarters – Moscow, Russia.
Bolivia unfurls 'world's biggest flag'
On 10th March 2018, Bolivia unveiled its 200 km long flag, which it claims to be the world’s
biggest flag.
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i. The flag extends between the cities La Paz and Oruro. It is made of blue cloth and features
Bolivian national symbols. Its width is three meters.
ii. Bolivian people held the flag as a sign of support for Bolivia’s claim for access to the
Pacific coast.
iii. Bolivia demands access to the Pacific Ocean, which it lost to Chile in a war in the 19th century.
Maldives Parliament approved anti-defection bill
On 12th March 2018, the Maldives Parliament approved the anti-defection bill with
retrospective effect from 13th July 2017.
i. As per the anti-defection bill, MPs elected on political party tickets will lose their seat if
they leave their party, get expelled, or change parties.
ii. This bill will take effect from 13th July 2017. So, the 12 MPs who switched to the Opposition
in 2017 will lose their seats.
Saudi Arabia cabinet approves nuclear power program national policy
On 13th March 2018, Saudi Arabia's cabinet approved the national policy of the atomic
energy program.
i. The national policy limits all nuclear activities to peaceful purposes, within the limits drawn by
international treaties.
ii. It also highlights the need for optimal utilization of natural resources from nuclear materials and
usage of best practices for radioactive waste management.
iii. Riyadh had invited US companies to participate in developing Saudi Arabia’s first atomic energy
programme.
Photography exhibition on India held in Egypt: “Indian Images: People and Places”
On 14th March 2018, “Indian Images: People and Places”, a photo exhibition about India
was inaugurated by India's Ambassador to Egypt Sanjay Bhattacharyya in Cairo, Egypt.
This photo exhibition was held as a part of the annual cultural festival 'India by the Nile'. It
featured photos captured by Khaled Gawdat, an Egyptian photographer.
WHO member-countries commit to end TB by 2030
On March 14, 2018, Member-countries of the World Health Organisation (WHO) South-East
Asia Region, including India, committed to intensifying efforts to eradicate tuberculosis (TB) by
2030.
i. This commitment was made during ‘End TB Summit’ in New Delhi.
ii. The Summit built on the Delhi Call to Action adopted by member countries of the WHO South-
East Asia Region in March 2017 and set the stage for the September 2018 United Nations (UN)
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High-Level Meeting on TB.
United States challenges Indian export subsidies schemes at WTO
On March 14, 2018, US challenged Indian export subsidies schemes at the World Trade
Organisation, stating that these programmes are creating an uneven playing field and are thus
harming American manufacturers.
i. US Government has argued that Indian Government runs several export
subsidy/incentives schemes which offers financial benefits to Indian exporters and
brings down the end cost of products, thereby making it more competitive vis-à-vis products
manufactured in US.
ii. Through these schemes, Indian exporters are granted exemption from certain duties, taxes, and
fees.
iii. As per Government data, thousands of Indian companies receive financial benefits to the
tune of $7 billion annually through these schemes.
Asia-Pacific Regional Conference of IACP held in New Delhi
On 14th March 2018, Union Home Minister Rajnath Singh inaugurated the two-day Asia-Pacific
Regional Conference of the International Association of Chiefs of Police (IACP) at Vigyan
Bhawan, New Delhi.
i.Theme of the conference: Challenges to Policing in 2020 - How is Cyber Space shaping our
approach to Cybercrime and Terrorism, how do we perform within it and take advantage of it.
ii. The conference was organised by the Asia-Pacific World Regional Office (APWRO) of
IACP along with Intelligence Bureau.Intelligence Bureau Director Rajiv Jain was the host of
the conference.
iii. Main focus of the conference: discussions on exploitation of cyber space by terrorist or
organized groups for committing crimes and illegal activities. Ways to prevent such activities was
discussed.
Sierra Leone becomes first country to run a blockchain-powered election
Sierra Leone, a West African country has become the first country in the world to deploy blockchain
technology in election process.
i. Sierra Leone attained this distinction by deploying blockchain-based solution to count the
votes and provide proof in the recently held Presidential elections.
ii. The blockchain based solution used in Sierra Leone’s election was developed by a Switzerland
based voting technology company, Agora.
iii. Based on this news, it can be inferred that blockchain-based solution that uses a publicly visible
ledger for keeping track of elections has potential to complement and eventually replace electronic
voting machines.
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Bhutan recommended for graduation from UN's least developed country
United Nations Committee for Development Policy (CDP) has announced that Bhutan along
with Kiribati, Sao Tome and Principe and Solomon Islands will be recommended for
graduation from the least developed country (LDC) category.
i. These four nations will be recommended to move up from ranks of poorest nations on account
of increasing national earning power as well as access to better health care.
ii. At the United Nations (UN), LDC category is assessed using three criteria viz. gross national
income per capita, economic vulnerability and human assets (health and education targets).
iii. The recommendation has been sent to ECOSOC (the UN Economic and Social
Council) for endorsement, which in turn will refer its decision to the UN General Assembly.
Qatar announces 50 million Dollars donation to UNRWA
Qatar has announced a $50 million donation to the United Nations Relief and Works
Agency for Palestine Refugees (UNRWA).
i. The government communications office and Qatari Ministry of Foreign Affairs said that, the
donation was announced at the extraordinary ministerial meeting of UNRWA held in Rome, Italy.
ii. UN Secretary-General Antonio Guterres was present at the extraordinary ministerial meeting of
UNRWA.
iii. Qatar has also stated that, it has continued providing financial support to projects implemented
by the UNRWA, mainly in the field of education and health.
Philippines withdraws from International Criminal Court (ICC)
On 16th March 2018, Philippines informed the UN Secretary-General its withdrawal from the
International Criminal Court (ICC).
i. Teodoro Locsin, permanent representative of Philippines to the UN, submitted a letter stating
Philippines’ withdrawal from ICC to UN Secretary-General Antonio Guterres.
ii. The letter stated that, Philippines was withdrawing from the Rome Statute. The Rome Statute set
up the ICC in 1998.
iii. Philippines President Rodrigo Duterte stated that, Philippines withdraws from ICC due to
baseless and outrageous attacks by ICC against him and his administration.
iv. The ICC asked Philippines to reconsider its decision. As per Article 127 of the Rome
Statute, a state party's withdrawal from the treaty will take effect only after a year after the written
notification is received by the UN Secretary-General.
Global carbon emissions hit record high in 2017
International Energy Agency (IEA) has stated that Global energy-related carbon emissions rose
to a historic high of 32.5 gigatons in 2017.
i. 32.5 gigatons carbon emissions in 2017 marks a 1.4% increment over previous year.
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ii. The rise in carbon emissions during 2017 has been largely attributed to higher energy
demand and the slowing of energy efficiency improvements.
iii. Global energy demand rose by 2.1 percent in 2017 to 14050 million tonnes of oil equivalent.
iv. 70 percent of this incremental demand was met by oil, natural gas and coal
Australia Scraps Work Visa Programme Used Largely By Indians
Australia has abolished its employer-sponsored 457 visa programme which was mainly
used by Indians.
i. The 457 visa programme has been replaced with a new programme that requires higher English-
language proficiency and job skills.
ii. On 18th March 2018, it was replaced by a new Temporary Skills Shortage visa
programme.
Indians least criminal among world's major economies
As per data compiled by Institute for Criminal Policy Research, India has a significantly lower
imprisonment rate and Indians are thereby the least criminal among world's major economies.
With imprisonment rate of 33, India seems to be better off than all major economies of the
world.
• Imprisonment rate refers to number of individuals behind the bars out of every
one lakh individuals in the population.
• United States has the highest imprisonment rate (666) among major countries.
• Total Prison Population: Even in terms of total number of prisoners, United States has
topped the list with 2145100 prisoners. On this parameter, India came in at number five
with 419623 prisoners.
• Prison Occupancy: As per data, prisons in Haiti are the most over crowded with
occupancy rate of 454%. Overcrowding in this context refers to more inmates as
compared to the sanctioned strength for a particular prison.
• According to Prison Statistics India 2015 report, among prison across India, Dadra & Nagar
Haveli is at the top in terms of overcrowding in prisons (276.7% occupancy report). Prison in
India’s capital Delhi too is overcrowded (226.9% occupancy rate).
Least Criminal Countries – Top 5 Total Prison Population – Top 5 Rank Country Imprisonment
Rate Country Total Prison
Population 1 India 33 US 2145100 2 Japan 45 China 1649804 3 Germany 77 Brazil 672722 4 Italy 95 Russia 600262 5 France 101 India 419623
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India among 20 nations to pledge USD 100 mn to Palestine Refugee Agency
India is among 20 nations that have pledged additional contribution to the United Nations Relief
and Works Agency for Palestine Refugees in the Near East (UNRWA).
i. At the Extraordinary Ministerial Conference held in Rome, Italy on March 15, 2018, 20 nations
together pledged nearly USD 100 million for the cause.
ii. Qatar Pledged the highest additional contribution of USD 50 million while India pledged USD 5
million.
US launches WTO challenge against China over intellectual property breaches
On March 23, 2018, United States (US) challenged China at World Trade Organsiation (WTO)
over intellectual property breaches.
i. US has alleged that China is denying foreign patent holders (including US companies), basic
patent rights that prevent Chinese entity from using the technology after a licensing contract ends.
ii. Based on these issues, US believes that China is giving unfair treatment to US companies
and innovators trying to do business in China.
World’s largest cruise ship "Symphony of the Seas" sets sail
On March 23, 2018, world’s biggest cruise ship, ‘Symphony of the Seas’ was delivered to US
company Royal Caribbean Cruise Ltd. by French shipbuilder STX.
i. Symphony had been under construction since early 2015 at STX France shipyard in St. Nazaire,
France.
ii. It is 362 metres long and weighs nearly 228000 tonnes, being marginally bigger than its
sister ship, the ‘Harmony of the Seas’, which too was built by STX France and was delivered to
Royal Caribbean in 2016.
iii. The ship costs a whopping USD 1.35 billion. With 2700 cabins, it can accommodate more
than 8000 people including 2200 staff members.
Malaysia proposes 10 years in jail for fake news
On March 26, 2018, Malaysia’s government proposed new legislation to counter fake news, under
which, offender will be penalised with 10-year jail term.
i. The bill defines fake news as any news, information, data and reports presented in the
form of print, visuals or audio, which contains wholly or partly false content.
ii. Individuals who create, offer, circulate, print or publish fake news or publications containing fake
news will be penalised with a 10-year jail term, a fine of up to 500000 ringgit or both.
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Earth Hour 2018 observed across the world
On 24th March 2018, Earth Hour 2018 was observed all over the world.
Earth Hour 2018:
i.India pledged "Give Up To Give Back" on Earth Hour 2018. People all over the world observed the
Earth Hour 2018 by switching off non-essential lights for an hour between 8:30 pm to 9:30 pm.
ii.The Earth Hour started in 2007 in Australia. The Earth Hour is organized by the World Wide
Fund for Nature (WWF).
iii.The Earth Hour aims to create awareness on the importance of conserving the environment and
wildlife. The worldwide campaign for Earth Hour 2018 trended as #CONNECT2EARTH.
U.A.E. Completes First of Four Korean-Built Nuclear Reactors
The United Arab Emirates, with the help of Korea Electric Power Corp., has finished
construction of its first commercial nuclear reactor.
i. Unit 1 of the Barakah complex will start loading fuel in May 2018. On 26th March 2018, South
Korean President Moon Jae-in participated in a ceremony to celebrate the facility’s completion.
ii. The Federal Authority for Nuclear Regulation will issue an operating license for Barakah
Units 1 and 2 after all regulatory requirements are met.
iii. Barakah Unit 1 is the first of the four nuclear plants that U.A.E has planned to put in to
operation by 2021.
iv. The estimated cost of these plants is $25 billion and will produce a combined 5,600 megawatts
of power.
Seychelles opposition blocks military deal with India
On March 27, 2018, Seychelles' opposition coalition (which holds a majority in Seychelles
Parliament) stated that it would not ratify a deal signed with India to build military
infrastructure on its Assumption Island.
i. Agreement on Assumption Island Project in Seychelles was signed in 2015 during Indian Prime
Minister Narendra Modi’s visit to Seychelles.
ii. However, owing to opposition, a revised agreement, including several amendments was
prepared in January 2018.
India increases its annual contribution to UNRWA
On 28th March 2018, the External Affairs Ministry announced that, India has increased its annual
contribution to the United Nations Relief and Works Agency for Palestine Refugees in the Near East
(UNRWA) from $1.5 million to $5 million for a period of 3 years from 2018-19.It is
announcemed at Conference held in Rome on 15th March 2018.
ii. India has increased its annual contribution due to the unexpected financial crisis being faced by
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UNRWA.
iii. It is said that the, four-time increase in India’s contribution is based on External Affairs
Ministry’s commitment to increase support to UNRWA at the Non-Aligned Movement (NAM)
Ministerial meeting held at Palestine on 19th September 2017.
VISITS
INDIAN VISITS Jordan's King Abdullah II's visit to India - Overview
King Abdullah II of Jordan was on a three-day official visit to India from February 27, 2018 to
March 1, 2018. On March 1, 2018, India and Jordan signed following 12 agreements in New Delhi in
presence of Indian Prime Minister Narendra Modi and King Abdullah II of Jordan.
• MoU on Defence Cooperation: This MoU defines the scope of Defence cooperation
between India and Jordan and enlists provisions for implementation of cooperation in some
of the recognized areas like training; counter-terrorism; defence industry; military studies;
military medical services, peace-keeping etc.
• Visa waiver for diplomatic and official passport holders: This agreement will permit
diplomats and Official passport holders of India and Jordan to enter, exit and transit through
each other’s territory without requirement of visa.
• Cultural Exchange Programme (CEP): For the period 2018-2022, India and Jordan will
engage in CEPs in the areas of music and dance; theatre; archaeology; literature, festivals
and youth programs.
• Manpower Cooperation Agreement: Objective of this agreement is to enhance
collaboration between India and Jordan in promoting best practices in the administration of
contractual employment, implementing latest reforms in recruitment processes and enhance
the protection and welfare of Indian workers in Jordan.
• MoU for cooperation in the field of Health and Medicine between India and
Jordan: This MoU envisages cooperation in the fields of health, medical science, medical
education and research. Universal Health Coverage (UHC); Health Research; National Health
Statistics; Diagnosis, Treatment and Medication of TB and Regulation of Pharmaceuticals are
some of the areas of cooperation listed in this MoU.
• MoU for setting up of the next generation Centre of Excellence (COE) in Jordan: A
Centre of Excellence (COE) will be set up in Jordan for training minimum 3000 Jordanian IT
professionals over a period of 5 years. Besides, a resource centre will be set up in India for
Training of Master trainers in IT field from Jordan.
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• MoU for long term supply of Rock Phosphate and Fertilizer/NPK: This MoU will ensure
consistent supply of raw material, intermediaries and Phosphatic and
Potassic (P&K)fertilizers to India at reasonable prices.
• Customs Mutual Assistance Agreement: This agreement will not only facilitate exchange
of relevant information for the prevention and investigation of Customs offences but will also
ensure efficient clearance of goods traded between India and Jordan.
• Twining Agreement between Agra and Petra (Jordan): Under this agreement,
municipalities of Agra and Petra will jointly work for promotion of social relations through
mutual cooperation in tourism, culture, sports and economic sectors.
Vietnam President Tran Dai Quang's India Visit
Vietnam President Tran Dai Quang was on an official visit to India from 2nd – 4th March 2018 by
accepting the invitation of Indian President Ram Nath Kovind.
• Vietnam is an important pillar in India's Act East Policy and is currently the country
coordinator for India with the Association of Southeast Asian Nations (ASEAN).
On March 3, 2018, India and Vietnam signed following three Memorandum of
Understanding (MoUs) after talks between Indian Prime Minister Narendra Modi and Vietnamese
President Tran Dai Quang.
• MoU between Global Centre for Nuclear Energy Partnership, India (GCNEP) and the Vietnam
Atomic Energy Institute (VINATOM) to strengthen the technical cooperation in the field of
atomic energy for peaceful purposes.
• MoU on economic and trade cooperation aimed at establishing a framework for
enhancing economic and trade promotion.
• Indian Council of Agricultural Research (ICAR) and Ministry of Agriculture and Rural
Development of Vietnam signed a work plan for the years 2018-2022.
On March 3, 2018, President of Vietnam Tran Dai Quang inaugurated 'Vietnam Days in
India' exhibition at the India International Centre in New Delhi, showcasing different forms of arts
and culture of Vietnam.
• Photographs of landmark events in the bilateral relations between India and Vietnam were
also displayed at this exhibition.
After the signing of above stated MoUs, a joint statement was issued mentioning that
India and Vietnam will take concrete measure to achieve the bilateral trade target of USD 15 billion
by 2020.
• In context of this news, it is to be noted that, for 2016-17, India-Vietnam trade stood at
$6.24 billion.
• As per the joint statement, India and Vietnam have agreed to hold the next Meeting of the
Joint Sub-Commission on Trade in Vietnam's capital city Hanoi in 2018.
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French President Emmanuel Macron's India Visit
French President Emmanuel Macron was on a four-day official visit to India from 9th to 12th March,
2018.
• In context of this news, it is important to note that bilateral trade between India and
France for the period from April 2016 to March 2017 stood at $10.95 billion.
• Besides, France is the 9th largest foreign investor in India with a cumulative
investment of $6.09 billion as on October 2017.
PM Modi and French President hold delegation-level talks; 14 agreements inked in
different areas
On March 10, 2018, Indian Prime Minister Narendra Modi and visiting French President Emmanuel
Macron held delegation-level talks in New Delhi. Following is the List of MoUs/Agreements signed
between India and France during the visit of President of France to India.
• Agreement on the Prevention of Illicit Consumption and Reduction of Illicit Traffic in Narcotic
Drugs, Psychotropic Substances and Chemical Precursors and Related Offences.
• India-France Migration and Mobility Partnership Agreement to facilitate temporary
circular migration based on mobility and the encouragement for a return of skills to the
home country.
• Agreement to facilitate Mutual Recognition of Academic Qualifications.
• Memorandum of Understanding between India’s Ministry of Railways and SNCF
Motilities, France on technical cooperation in the field of Railways.
• Letter of Intent for creation of a permanent Indo-French Railways Forum.
• Agreement regarding the provision of reciprocal logistics support between Armed Forces of
India and France.
• Memorandum of Understanding (MoU) on cooperation in the field of Environment.
• Agreement on cooperation in the field of Sustainable Urban Development.
• Implementing Arrangement between Indian Space Research Organisation (ISRO)
and Central National D’EtudesSpatiales (CNES) for pre-formulation studies of a
Maritime Awareness Mission.
• Industrial Way Forward Agreement between Nuclear Power Corporation of India
Ltd, and EDF, France for the implementation of the Jaitapur nuclear power project.
• Memorandum of Understanding between National Institute of Solar Energy (NISE)
under India’s Ministry of New & Renewable Energy and the National Solar Energy
Institute (INES), Francefor working on projects in International Solar Alliance (ISA)
member countries in the areas of solar energy (solar photovoltaic, storage technologies,
etc.) through transfer of technology and collaborative activities.
India, France sign strategic pact on use of each other’s military bases
On March 12, 2018, India and France signed a strategic pact providing for the use of each other's
military facilities including opening naval bases to warships.
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• This agreement facilitates the reciprocal provision of logistic support, supplies and
services between the armed forces of India and France during authorised port
visits, joint exercises and joint training among others.
Indian, French companies ink pacts worth 13 billion euros
On March 10, 2018, the second day of French President Emmanuel Macron’s India visit, Indian and
French companies and government entities signed deals worth 13 billion Euros across areas like
aviation, renewable energy and waste management.
• The biggest one was $12.5-billion deal signed between Indian low-cost carrier
SpiceJet and French aviation major Safran Group for supply of 155 CFM LEAP-1B
engines for SpiceJet’s Boeing 737 MAX aircraft.
• Another deal was between Airports Authority of India and French engineering
company Egis for conducting study of three airports in Lucknow, Pune and Trichy.
• French cement maker Vicat announced an investment of Rs 1200 crore in
Karnataka to double its production capacity and an investment of Rs 510 crore in a cement-
grinding unit in Andhra Pradesh.
PM Modi, French President Macron inaugurates solar power plant at Mirzapur in UP
On March 12, 2018, Indian Prime Minister Narendra Modi and French President Emmanuel Macron
inaugurated Uttar Pradesh's biggest solar power plant in Mirzapur district.
• This 100 MW solar plant has come up at Dadar Kalan village in Mirzapur district of
Uttar Pradesh.
• The plant has more than 100000 solar panels spread across an area of over 380 acres.
• It has been built at a cost of around 500 crore by French firm ENGIE.
• The solar plant will generate about 1.30 crore units of electricity per month.
First ever Indo-French Knowledge Summit held in New Delhi
First ever Indo-French Knowledge Summit was held in New Delhi from 10th to 11th March 2018 and
coincided with the state visit of French President Emmanuel Macron to India.
• The objective of this Summit was to design a roadmap of Franco-India university,
scientific and technology cooperation for the next five years.
• The Summit ended with a landmark agreement on mutual recognition of educational
qualifications between India and France.
• The summit was organized by the French Embassy in India and was co-hosted by
Union Ministry of Human Resource Development.
• More than 350 people from nearly 80 Indian Institutions and 70 French
institutions participated in this Summit.
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• A Franco-Indian Education Trust was also unveiled at the conclusion of the Summit.
Indo-French centre for engineers inaugurated in Bengaluru
On March 12, 2018, French Minister of Higher Education, Research and Innovation,
Frederique Vidal inaugurated an Indo-French Centre of Excellence (CoE) in Bengaluru,
Karnataka.
• The centre has been set up to impart vocational training to engineers in electricity,
automation and energy management.
• It has been set up jointly by the French government, French automation company
Schneider Electric and the Bengaluru-based New Horizon College of Engineering.
• The centre will also run skill development programmes which will prepare students to
leverage disruptive technologies to further national growth.
German President Frank-Walter Steinmeier visits India
Dr. Frank-Walter Steinmeier, President of Germany, was on a five-day official visit to India
starting from 22nd March, 2018.
i. Mr. Steinmeier was accompanied by his wife Elke Budenbender, a CEO delegation, Indologists
and a media delegation.
ii. This was Mr. Steinmeier’s first visit to India as German President. Earlier he had visited India
several times in his former capacity as the foreign minister and vice chancellor of Germany. Last
German president to visit India was Joachim Gauck in February 2014.
iii. Germany is India's largest trading partner in Europe and the sixth largest trading partner in the
world. Bilateral trade between India and Germany in 2016-17 stood at USD 18.76
billion. Besides, Germany is also the 7th largest foreign direct investor in India.
FOREIGN VISITS President Ram Nath Kovind’s six day Visit to Mauritius & Madagascar
Indian President Ram Nath Kovind was on a six-day official visit to island nations of Mauritius and
Madagascar from March 11, 2018.
India announced USD 100 million LoC for Mauritius
On March 12, 2018, on the second day of Indian President Ram Nath Kovind's visit to
Mauritius, India announced a new USD 100 million Line of Credit for defence procurement
by Mauritius.
• President Kovind stated that India will supply a Multi-Purpose Offshore Patrol Vessel
to Mauritius under this Line of Credit.
• Indian and Mauritius also signed other agreements after delegation-level talks between
Indian President Ram Nath Kovind and Mauritius Prime Minister Pravind Jugnauth.
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President Kovind inaugurates World Hindi Secretariat building in Mauritius
On March 13, 2018, President Ram Nath Kovind inaugurated the World Hindi Secretariat building
in Mauritius.
• On the same day, he also launched the World Hindi Secretariat's logo, an Early Digital
Learning Programme, and laid foundation stone of an ENT hospital and social housing
projects.
• These projects are being executed under the $353 million Special Economic
Package extended by India.
India, Madagascar sign umbrella agreement in defence sector
During the course of Indian President Ram Nath Kovind’s visit to Madagascar, India and
Madagascar signed an umbrella agreement in the field of defence.
BANKING & FINANCE RBI in News
RBI allows higher position limit for FPIs in interest rate futures
Reserve Bank of India (RBI) has allowed a limit of Rs. 5000 crore for foreign portfolio
investors (FPIs) to go long in Interest Rate Futures (IRFs).
i. An agreement to buy or sell a debt instrument at a specified future date, at a price that
is fixed today, is referred to as Interest Rate Futures(IRFs).IRF can either be a Government
Bond or a Treasury Bill.
ii. Currently, the FPI limit for Government Securities (G-Secs) is mutually
interchangeable between investments in G-Secs and investment in IRF, with long
position in IRF capped at 90% of G-Sec limit.
RBI lifts per-borrower loan cap for MSMEs
In a bid to increase the importance of services sector and to encourage banks to lend more to this
sector, Reserve Bank of India (RBI) has decided to remove the per borrower loan limits for Micro,
Small and Medium Enterprises (MSMEs) involved in services, for classification under priority
sector lending.
i. In case of the services sector, MSMED (Micro, Small and Medium Enterprises
Development) Act, 2006
Micro & Small Enterprise 10 Lakh -2 Crore
Medium Enterprise 2 Crore -5 Crore
ii. As per the current norms, loans to Micro/ Small enterprises up to Rs. 5 crore and loans to
Medium Enterprises up to Rs. 10 crore were classified as priority sector lending (PSL).
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RBI to conduct additional repo operations to provide liquidity support to banks
On March 5, 2018, Reserve Bank of India (RBI) announced that it will conduct additional repo
operations during March 2018 to provide additional liquidity support to banks by undertaking
additional repo operations for longer tenors up to 31 days, on every Tuesday of March 2018 for Rs
25000 crore each.
i. Repo operation are undertaken by RBI to provide liquidity to banks which helps in
overcoming temporary liquidity mismatches.
ii. In the current scenario, wherein the liquidity has tightened in the banking system owning credit
growth outpacing deposit growth, additional repo operations appear to be a viable way out.
iiiThese operations will thereby infuse liquidity aggregating Rs 1 lakh crore in to the
banking system by the end of March 2018.
RBI fines Axis Bank, Indian Overseas Bank
On February 27, 2018, Reserve Bank of India imposed a penalty of Rs. 3 crore on Axis Bank for
non-compliance of Income Recognition and Asset Classification (IRAC) norms and a
penalty of Rs. 2 crore on Indian Overseas Bank for non-compliance with Know Your
Customer (KYC) norms.
i. In case of Axis Bank, a statutory inspection of RBI with reference to bank’s financial position on
March 31, 2016, discovered violations of various regulations in the assessment of non-
performing assets.
ii. In the case of IOB, RBI detected a fraud in one of IOB’s branches, which was traced to
non-compliance with KYC norms.
RBI slaps Rs 40 lakh penalty on SBI for flouting fake note norms
RBI (Reserve Bank of India) has imposed a penalty of Rs 40 lakh on SBI (State Bank of
India) as SBI failed to comply with RBI’s directions on detection and impounding of
counterfeit notes.
i. RBI has stated that, it detected deficiencies on SBI’s part in regulatory compliance with
counterfeit note norms.
ii. RBI had inspected currency chests of two SBI branches and found that its instructions on
detection and impounding of counterfeit notes had been violated.
iii. After going through SBI’s reply and oral submissions during the personal hearing, RBI confirmed
charges of non-compliance with its directions/guidelines and imposed a penalty of Rs 40 lakh on
SBI.
RBI discontinues Letters of Undertaking, Letters of Comfort for trade credit
In a bid to plug the loopholes in the trade finance activities of banks, Reserve Bank of India has
scrapped quasi bank guarantee instruments such as the Letter of Undertaking (LoU) and Letter of
Comfort (LoC).
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i. This decision has been taken in wake of Rs. 14000 crore PNB fraud, the modus operandi of
which revolved around the unauthorised use of LoU by bank officials.
ii. A LoU is a promise by the issuing bank to the counter bank (the bank which encashes the LoU)
to pay in case of default by the one on whose behalf it was issued. In Nirav Modi’s case, PNB had
issued the LoU and will thus have to pay to other banks where Nirav Modi had encashed those
LoUs.
iii. With these two instruments being discontinued, Indian Banks will rely more on letter of credit
for trade purposes. Letter of Credit is comparatively more secure as it carries transaction
details such as purchase by the importer, date of issue and the material purchased.
RBI issues PCA framework to maintain sound financial health of banks
In wake of several scams unearthed at public sector banks, Reserve Bank of India (RBI) has issued
a Prompt Corrective Action (PCA) framework aimed at maintaining the sound financial health
of banks.
i. The PCA framework stipulates risk thresholds for key areas such as capital, profitability
and asset quality (tracked in terms of the net Non-Performing Assets ratio).
ii. The objective behind corrective framework is to encourage banks to refrain from undertaking
certain riskier activities, improve operational efficiency and focus on conserving capital in order to
maintain sound financial health.
iii. In past 10 months, public sector banks that have been brought under PCA by RBI are IDBI
Bank, Dena Bank, Bank of Maharashtra, Central Bank of India, UCO Bank, Oriental Bank of
Commerce, Indian Overseas Bank, Bank of India, Allahabad Bank, Corporation Bank and
United Bank of India.
Axis Bank opened a representative office in Sharjah, which is 3rd office in UAE
On March 18, 2018, Axis Bank announced the opening of its new representative office in Sharjah,
United Arab Emirates (UAE).It is third office in UAE.
As UAE is home to 3 million Non-resident Indians (NRIs) and this representative office
will focus on remittances business
RBI to release limited edition coins to mark 350th birth anniversary of Guru Gobind Singh
Reserve Bank of India (RBI) will soon roll out limited edition coins of Rs 350 denomination to mark
the 350th Birth Anniversary of Shri Guru Gobind Singh Ji.
i. Circumference of the coin will be 44 millimetres and the weight of the coin could vary from 34.65
grams to 35.35 grams.
ii. It will be made up of Quaternary Alloy - Silver (50 per cent), Copper (40 per cent),
Nickel (5 per cent) and Zinc (5 per cent).
iii. The front face of the coin shall bear the Lion Capitol of Ashoka Pillar in the centre with the
legend "Satyamev Jayate" inscribed below.
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iv. Lion Capital on the front face will be flanked by word “Bharat” in the Devanagari script on the
left and word “INDIA” in English on the right periphery.
v. The front face shall also bear the Rupee symbol and denominational value “350” in International
Numerals below the Lion Capitol.
vi. The reverse face of the coin shall bear the picture of “Takht Shri Harimandir Ji Patna
Sahib”. Inscription “350TH PRAKASH UTSAV OF SRI GURU GOBIND SINGH JI” in Devanagari
shall be written on the upper periphery and the same would be written in English language on the
lower periphery of the coin.
RBI changes methodology for bond valuation to check manipulation
In order to prevent the possibility of manipulation in the prices of securities, especially government
securities (G-Secs), on the last trading day of a quarter, Reserve Bank of India has changed the
methodology used for their valuation by debt market players, including banks and primary dealers.
i. As per RBI’s new directive, security/bond valuation will be based on the weighted average
price of the last half-an-hour of trading on the last trading day of every quarter. Earlier
the valuation was based on last traded price.
ii. This move is to normalise any aberration resulting from an attempt to manipulate the
price by a cartel of banks at the last moment.
Technology in Banking
Citibank India launches home loans linked to T-Bill
On 5th March 2018, Citibank introduced a new variable interest rate mortgage product that
will be linked to the 90-day Treasury bills and will change every quarter.
i. Citibank will charge a spread above the 90-day Treasury bill rate based on the borrower profile.
Changes will be made in the rates once in every quarter on March 1, June 1, September 1 and
December 1.
ii. Citibank will take the t-bill rate on 12th of February, May, August and November from Financial
Benchmarks India Pvt Ltd to fix the benchmark rate.
iii. Citibank has chosen 90 day treasury bills since it provides better accuracy on local rates. Also,
resetting the rates every quarter, makes sure that, the rates are in line with market reality.
Paytm unveils ‘Paytm for Business’ app in Tamil Nadu
Paytm has launched 'Paytm for Business' app in Tamil Nadu to enable merchants to track
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payments, view past collections and make settlements instantly.This app is available in 10 regional
languages.
i. It can be used by merchants and business partners who use Paytm as payment mode at their
offline stores in Tamil Nadu.
ii. Using this app, merchants can accept payments digitally and immediately view their transactions
without waiting for a confirmation SMS or e-mail.
About Paytm:
♦ Founder - Vijay Shekhar Sharma
♦ Type - Indian e-payments and e-commerce brand.
DCB Bank launches online service to send money globally
DCB Bank has launched “DCB Remit”, a remittance service to enable customers to send
money online globally.
i. Using DCB Remit, any resident Indian can register online and send money to 20
countries such as the US, Canada, Australia, the UK, the UAE and Germany.
ii. Once the exchange rate of money is fixed, customer can transfer money from any account to
DCB Bank account. This in turn can be transferred to the beneficiary account present in another
country on or within the next business day.
iii. DCB Remit has been introduced in collaboration with Avenues Payments. Avenues
Payments specialises in providing cross border payments.
ICICI Bank launches 'InstaOD', instant overdraft facility for MSMEs
ICICI Bank has launched instant overdraft ‘InstaOD’ facility for MSME (Micro, Small and
Medium Enterprises) customers which can be availed online without visiting a branch and
submitting physical documents.
i. The pre-qualified customers can get overdraft facility up to Rs 15 lakh for a year
anytime, anywhere using ICICI bank’s Internet and mobile banking app.
ii. For availing the OD under this facility, the customer has to select the limit required, confirm the
details and submit the application by following simple steps.
Swiggy Partners with ICICI Bank, Launches UPI-Based Digital Payment Service
Online food ordering and delivery platform, Swiggy and India’s largest private bank, ICICI Bank
have partnered to roll out two innovative digital solutions to facilitate a convenient and hassle-free
way for delivery partners to transfer funds to Swiggy.
i. The first one is a Unified Payment Interface (UPI) based solution which enables instant
fund transfers on-the-go while the other is a facility for depositing cash at automated Cash
Deposit Machines (CDM) available at ICICI Bank branches and ATMs across India.
ii. Swiggy has integrated the UPI solution with ICICI Bank, which offers a secure and scalable mode
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to enable collection of funds from its delivery partners.
iii. Under this arrangement, Swiggy’s delivery partners will have their own UPI handle, to
which they can link their savings bank account and start transacting by using any UPI-
enabled app like ICICI Bank ‘Pockets’, ‘Google Tez’, ‘BHIM’,etc.
Metro Plus Card for IndusInd Bank Customers Launched
On March 25, 2018, Delhi Metro, in association with IndusInd Bank, launched a dual purpose
Metro Plus' debit card that will enable customers of IndusInd bank to use it for metro train rides as
well as for all other regular debit card transactions.
i. The Metro Plus Card, developed by IndusInd bank, has an embedded Delhi Metro Transit chip
along with the secured Debit Card Chip.
ii. The card users can also get their smart cards auto topped up at Delhi Metro’s (Automatic Fare
Collection) AFC Gates.
SWIFT introduces universal real-time payment tracking
SWIFT (Society for World Interbank Financial Telecommunication System platform) has
announced the extension of its gpi (Global Payment Innovation) Tracker to cover all payment
instructions sent across the network.
i. SWIFT system is used by banks across the world to transmit messages relating to cross border
financial transactions.
ii. gpi Tracker, developed by SWIFT, gives end-to-end visibility on the status of a payment
transaction from the moment it is sent until it is confirmed.
SBI Card Launches Exclusive Credit Card for Doctors
On March 27, 2018, SBI Cards announced that it has partnered with Indian Medical
Association (IMA) to launch 'Doctor's SBI Card', which has been designed to complement the
distinct lifestyles and needs of doctors.
i. SBI Cards is a joint venture between India’s largest bank, State Bank of India and The Carlyle
Group, while IMA is the voluntary representative organisation of Doctors.
ii. Among other features just like regular cards, unique proposition of ‘Doctor’s SBI Card is the
professional indemnity insurance cover of Rs 10 lakh to protect doctors against
professional risks and liabilities.
Fino Payments Bank introduces mPoS
Fino Payments Bank is planning to deploy multi-utility Android-based mPOS devices across
10000 banking points across India in a phased manner.
i. In context of this news, abbreviation mPOS stands for mobile Point Of Sale.
ii. It thus eliminates the need for multiple devices that are currently used to facilitate
finger print authentication and digital transactions.
iii. Through mPOS devices, Fino representatives will be able to provide all banking services viz.
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account opening, deposit, withdrawal, money transfer, insurance sales and Aadhaar-enabled
payment systems (AEPS) to customers at their doorstep.
Kotak becomes first bank to roll out AI-run voicebot
Kotak Mahindra Bank has launched voicebot ‘Keya’, the first artificial intelligence-
powered voicebot in Indian banking sector.It has been developed on basis of a library of millions of
phone-banking conversations over the past three years.
i. Keya uses automatic speech recognition, text-to-speech technology and natural language
understanding and can understand Hindi as well as English.
ii. By using above stated technology, ‘Keya’ navigates the customers directly to the destination
where he/she can get his/her issue resolved.
iii. ’Keya’ is powered by Nuance (the technology behind Apple’s Siri).
OTHER BANK & FINANCE RELATED NEWS Finance Ministry to consolidate overseas operations of public sector banks
On March 1, 2018, Union Finance Ministry released a roadmap for consolidation of overseas
operations of public sector banks.
i. This decision seems like a tightening measure in wake of Rs. 12636 crore scam unearthed at
Punjab Bank National (PNB).
ii. However, Finance Ministry officials have called it a move to attain cost efficiencies and
synergies in the overseas market.
iii. State Bank of India (SBI) has the highest number of overseas branches (52), followed by Bank
of Baroda (50) and Bank of India (29).
iv. In terms of Country-wise presence, PSBs have largest number of branches in United Kingdom
(32) followed by Hong Kong and UAE (13 each) and Singapore (12).
India wins back fastest growing economy tag, grows at 7.2 per cent in Q3
In the October-December 2017 quarter (Q3) of the current fiscal, Indian economy grew at 7.2
per cent rate and there by regained its tag of world’s fastest growing economy.
i. India regained its tag of fastest growing economy from China, as Chinese economy recorded a
6.8 per cent growth rate during October-December 2018 quarter (Q3) of the current
fiscal.
ii. The uptick in growth to 7.2 percent as compared to 6.3 per cent in previous quarter (July –
September 2017) indicates that Indian economy has finally overcome the disruptions caused by
Goods and Services Tax (GST) roll out in July 2017.
iii. In Q3, Manufacturing sector grew at 8.1 per cent as compared to 6.9 per cent in the previous
quarter. Similarly, agriculture sector grew at 4.1 percent from 2.7 percent in the previous quarter.
iv. Besides, Construction sector grew at 6.8 per cent in Q3 of 2017-18, which is higher than 2.8 per
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cent in previous quarter, while services sector (including financial services) registered a growth of
6.7 per cent, up from 6.4 per cent in previous quarter.
India remains 12th largest foreign holder of US govt securities
According to data compiled by US Treasury Department, India's exposure to US government
securities stood at USD 144.7 billion at the end of 2017.
i. During 2017, India increased its holding of American government securities for most of the
months and remained the 12th largest overseas holder of such securities.
ii. India’s 2017-end holding of US Government Securities at USD 144.7 billion marks an increment
of nearly USD 26 billion as compared to USD 118.2 holding in December 2016.The
exposure was highest in September 2017 – at USD 145.1 billion.
US Government Securities – Top 5 Holders:
China USD 1.18 trillion Japan USD 1.06 trillion Ireland USD 326.5 billion Cayman Islands USD 269.9 billion Brazil USD 256.8 billion
Government constitutes Steering Committee on Fintech related issues
Central Government has constituted a Steering Committee to consider various issues relating to
development of Financial Technology (Fintech) space in India.
i. This committee will be headed by Secretary of Department of Economic Affairs(DEA)
under Ministry of Finance.
ii. Objective of this committee is to come up with measures aimed to make Fintech related
regulations in India, more flexible and generate enhanced entrepreneurship.
iii. While considering various related issues, the Steering Committee will focus on how Fintech
can be leveraged to enhance financial inclusion of Micro, Small and Medium Enterprises
(MSMEs).
iv. Idea to constitute such committee for Fintech related issues was first announced by Union
Finance Minister, Arun Jaitley while presenting the Union Budget 2018.
HDFC, Happay partner to help firms manage T&E expenses
HDFC Bank and Happay, a business expense management solution provider, have entered
in to a collaboration to introduce a new prepaid card-linked Travel and Entertainment
(T&E) expense management solution which will help Indian firms to efficiently manage
their business travel expenditure.
i. Through Happay-HDFC Bank prepaid cards and Happay mobile app, employees of the companies
will be able to seek trip advances, get trip itineraries pre-approved by management, do trip
bookings and even file trip expenses digitally.
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ii. This solution holds special significance in context of a report published by Forrester
Research (an American market research company) which highlighted that
Indian business travel is on the rise and T&E expense still remains the second most
difficult operating expense to control in an organization.
India to join multilateral lender EBRD
India will join the European Bank of Reconstruction and Development (EBRD) as its 69th
member.
i. EBRD is working for furthering the development of market-orientated economies and the
promotion of private and entrepreneurial initiative in the European region.
ii. On account of this, Indian companies would be permitted to undertake joint investments
in regions in which the EBRD operates.Currently the U.S. is the largest shareholder in the
EBRD.
Sidbi, CSC partner to offer MSMEs better credit access
On March 6, 2018, Small Industries Development Bank of India (SIDBI) signed a
memorandum of understanding (MoU) with CSC e-governance Services (CSCeGS) to take
Udyami Mitra portal to the unserved and the underserved Micro, Small and Medium Enterprises
(MSMEs).
Udyamimitra.in is a portal to improve accessibility of credit for the MSMEs. Through this portal
entrepreneurs can apply for a loan without physically visiting bank branches.
Canara HSBC OBC Life Insurance partners Can Fin Homes to sell policies
Canara HSBC Oriental Bank of Commerce Life Insurance has partnered with Can Fin
Homes for a 3 year corporate agency tie up to sell its policies to home buyers.
Canara HSBC OBC Life Insurance and Can Fin Homes aim to offer long term value creation for its
customers.It has more than 1.2 lakh customers.
ISA-ADB, NDB, GCF, AfDB and AIIB ink joint declaration of Financial partnership
On 10th March 2018, International Solar Alliance (ISA) and African Development Bank
(AfDb), Asian Development Bank (ADB), Asian Infrastructure Investment Bank (AIIB),
Green climate fund (GCF), and New Development Bank (NDB) signed Joint financial
partnership declarations.
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• The agreements are aimed to deepen their cooperation to support Renewable
Energy.
• ISA and ADB have joined together to promote Solar Energy in Asia and the Pacific, through
solar power generation, solar based mini-grids, and transmission systems dedicated for
integrating solar energy into the grids and other future programs introduced by ISA.
• The New Development Bank aims to mobilize resources for infrastructure and sustainable
development projects in Brazil, Russia, India, China, and the Republic of South Africa
(BRICS) and other developing economies and countries.
• The International Energy Agency (IEA) is an autonomous agency under the framework of the
Organisation for Economic Co-operation and Development (OECD).
• The focus areas of IEA are: energy security, economic development, environmental
awareness and engagement worldwide.
KVGB rolls out ‘Vikas She Plus’ loan scheme for women entrepreneurs
Karnataka Vikas Grameena Bank (KVGB) has introduced ‘Vikas She Plus’, a loan scheme for
women to help them with new ventures and for expanding or modifying their existing businesses.
The Vikas She Plus scheme offers loan up to a maximum of Rs 2 lakh. Repayment period for
the loan is 60 months under this scheme.
Passport details made mandatory for loans above Rs.50 crore after PNB fraud
Passport details of borrowers obtaining loans of Rs 50 crore and above has been made
mandatory to take immediate action in case of fraud and to prevent defaulters from escaping
away from India.
Also, for all existing loans of over Rs 50 crore, banks have been mandated to obtain
passport details of borrowers within 45 days.
Digital transactions could reach Rs 1 lakh crore by value by 2025: Report
As per a report ‘Transactions 2025’ released by digital payments company AGS Transact in
collaboration with ACI Worldwide, by 2025, India could witness around Rs 1 lakh crore worth of
digital transactions every year.
i. Increase in digital payments would largely be driven by higher adoption of Unified Payments
Interface (UPI).
ii. Higher adoption would come on back of consumer demand, policy push from the
government, disruptive technology and services like taxi payments and ecommerce
growth.
Quick Facts about ACI Worldwide:
♦ Founded in – 1975
♦ Headquarters – Naples, US
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IREDA, EIB ink 150mn-euro loan agreement for renewable energy
On March 10, 2018, Indian Renewable Energy Development Agency (IREDA) and European
Investment Bank (EIB) inked a 150 million Euros loan agreement for second line of credit (LoC).
i. Funds procured through LoC will be utilised for financing renewable energy and energy
efficiency projects in India.
ii. The LoC is for tenure of 15 years and includes a grace period of three years.
Federal Bank Makes Two More Strategic Tie-ups for Portfolio Investment Scheme
On March 12, 2018, Federal Bank announced that it has entered into a strategic partnership with
two new broking partners, Celebrus Capital Ltd and Fortune Wealth Management
Co India Pvt. Ltd. for providing Portfolio Investment Scheme (PIS) services to Non-resident
Indians (NRIs).
i. Reserve Bank of India’s Portfolio Investment Scheme enables NRIs to purchase and
sell shares and convertible debentures of Indian companies on a recognized stock exchange
through their NRI Savings Account with a designated bank branch.
ii. These strategic tie-ups are in line with Federal Bank’s objective to double the PIS business in
terms of a number of accounts and total volume.
SBI reduces charges on non-maintenance of minimum balance
India’s largest bank, State Bank of India has slashed charges for non-maintenance of Average
Monthly Balance (AMB) in savings accounts by nearly 75 per cent.
i. Charges for non-maintenance of AMB for customers in Metro and Urban centres have
been reduced from a maximum of Rs 50 per month plus Goods and Services Tax (GST) to
Rs 15 plus GST per month while for Semi-Urban and Rural centres, the charges have
been reduced from Rs 40 to Rs 12 per month it will be effective from April 01, 2018.
ii. As per current norms of SBI, MAB requirement in metro cities and urban centres is Rs 3000,
while for semi-urban and rural areas, it is Rs 2000 and Rs 1000 respectively.
World Bank projects India's FY19 GDP growth at 7.3 pc
As per World Bank's biannual publication, India Development Update: India's Growth
Story, India’s Gross Domestic Product (GDP) growth for next financial year i.e. FY 2018-19 is
projected at 7.3 per cent.
i. World Bank has outlined that Indian economy is likely to recover from the impact of
demonetisation in November 2016 and roll out of Goods and Services Tax (GST) July
2017 and will accelerate further to 7.5 per cent in 2019-20.
ii. For the current financial year ending March 31, 2018, Indian economy’s growth rate is expected
to be 6.7 per cent.
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Tax rates under GST are world's second highest: World Bank
As per World Bank’s bi-annual India Development Update, Indian goods and services tax
(GST) regime is one of the most complex with the second highest tax rate in the
world among a sample of 115 countries which have a similar indirect tax system.
i. World Bank highlighted that 49 countries around the world have a single slab of GST, 28
countries have two slabs, and only five countries, including India, have four non-zero slabs.
ii. Besides, in terms of complexity, GST roll out in India has not only increased
administrative tax compliance burden on firms but has also resulted in locking-up of
working capital due to slow tax refund processing.
Quick Facts about Goods and Services Tax (GST):
♦ Rolled out in India from - July 1, 2017
♦ Replaced - 16 levies (7 central taxes and 9 state taxes)
♦ Non-zero Tax brackets - 5%, 12%, 18% and 28%
First Data Signs Deal With India's RBL Bank to Provide Card Processing Services
First Data, a global leader in commerce-enabling technology and Indian private sector bank, RBL
Bank have entered into a partnership wherein First Data will help RBL Bank migrate their
credit card customers to its latest proprietary software providing end-to-end card
processing services.
i. On account of this partnership, RBL Bank will be able to introduce innovative features for
its clients and will be able to scale up transactions on a secure platform.
ii. First Data Corporation is a global payment technology solutions company
headquartered in Atlanta, United States and serves top national and international banks in
India.
SEBI Raises Currency Derivatives Trade Limit to $100 Mn
Securities and Exchange Board of India (SEBI) has raised the exposure limit under exchange
traded currency derivatives (ETCD) for residents and foreign portfolio investors (FPIs) to USD
100 million across all currency pairs.
i. This decision comes after RBI raised the exposure limit to USD 100 million in February 2018.
ii. ETCD, in USD/INR, EUR/INR (Euro), GBP/INR (Great British Pound) and JPY/INR (Japanese Yen)
are primarily used by Indian exporters and importers and foreign portfolio investors
(FPIs) to hedge their risk against currency price fluctuations.
iii. It is to be noted that for taking positions within the prescribed limit, corporate/individuals are
not required to present any proof on underlying exposure.
iv. Earlier exposure limit was USD 15 million for USD-INR contracts and USD 5 million for other
currency pairs.
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Muthoot Finance ties up with Global IME bank for money transfer service to Nepal
On March 15, 2018, Muthoot Finance Ltd., the flagship company of Muthoot Group tied up
with Global IME Bank to expand its money remittance services between Indo-
Nepal Corridor.
i. As per the terms of the tie-up, Nepali migrant residing in India would be able to transfer money
instantly (by paying nominal charge of Rs. 200) to their families in Nepal from any of the 4600
branches of Muthoot Finance.
ii. In Nepal, 193 branches and more than 7000 pay out centres of Global IME Bank will
serve as remittance receiving points for Nepali families.
Centre, ADB ink $120mn loan agreement to improve rail infrastructure
Indian Government and the Asian Development Bank (ADB) have signed a $120 million loan
agreement for improving rail infrastructure which will enhance operational efficiency of Indian
railways.In context of this news, High density corridors refers to busy freight and passenger routes
in the states of Odisha, Chhattisgarh, Maharashtra, Karnataka and Andhra Pradesh. It also includes
"Golden Quadrilateral" corridor that connects Chennai, Kolkata, Mumbai and New Delhi.
SEBI allows UCX to exit commodity business
Securities and Exchange Board of India (SEBI), the regulator for the securities market in India
has allowed the Universal Commodity Exchange (UCX) to discontinue operations as a
commodity exchange.
i. UCX had attained recognition as a multi-commodity exchange in 2012.
ii. However, board of UCX had suspended trading operations with effect from July 16,
2014 on account of drastic decline in trading volume and did not make attempts for revival
thereafter.
iii. As per the circular, a commodity exchange is liable to exit if there has been no trading
operation on its platform for more than twelve months.
Key facts about Universal Commodity Exchange (UCX):
♦ Founded in – 2012
♦ Located in – Mumbai, Maharashtra
US bans use of Venezuela's new Petro Currency
On March 19, 2018, US President Donald Trump signed an executive order making it illegal for US
citizens to purchase any cryptocurrency issued by Venezuela.
i. The order prohibits U.S. citizens from engaging in transactions using Venezuela’s oil-backed
currency, called the Petro.
ii. In a bid to ease country's economic crisis, Venezuelan President Nicolas Maduro had
launched ‘Petro’, a cryptocurrency backed by Venezuela's oil, gas, gold and diamond
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wealth.
iii. Trump administration in US wants Maduro regime to reverse the crisis that it has caused by
adopting prudent economic measures rather than trying to circumvent US sanctions by issuing
‘Petro’.
SBI, IMGC sign MOU to offer mortgage guarantee backed home loan
On March 19, 2018, India's largest bank State Bank of India (SBI) and India Mortgage
Guarantee Corporation (IMGC) signed a memorandum of understanding (MoU) to offer
mortgage guarantee scheme for prospective non-salaried and self-employed home loan customers.
i. This agreement, will enable borrowers to avail higher finance by opting for IMGC default
guarantee cover.
ii. SBI expects that this arrangement will help increase home loan eligibility up to 15 per
cent.
iii. IMGC, which provides mortgage default guarantee to the lending Institutions in India, is a joint
venture between National Housing Bank, Genworth Inc International Finance Corporation and Asian
Development Bank.
Bank of America introduces chatbot named Erica
Bank of America has started rolling out Erica, its chatbot that can help customers check
balances, remind about bills and answer bank-related questions.
i. Erica has been rolled out to customers in Rhode Island.
ii. Bank of America had first introduced Erica at fintech and payments conference Money
2020 in October 2016.
iii. Customers of Bank of America will be able to interact with Erica via voice or text and it will help
them with routine day to day banking transactions.
General Insurance Corporation of India (GIC Re) to operate from Lloyd’s in London
Indian permission to commence operations of 'GIC Syndicate 1947' from Lloyd's of London from
April 2018.
i. Lloyd’s is a United Kingdom-based insurance marketplace, where specialty underwriters
provide reinsurance to global buyers by forming a syndicate.
ii. Earlier, in December 2017, Lloyd's Franchise Board granted 'in principle' approval to
GIC Re to create 'GIC Syndicate 1947'.
iii. 'GIC Syndicate 1947' is thus the first Lloyd's syndicate to be backed entirely by capital from an
Indian reinsurance entity.
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iv. Neil Attwood has been appointed as active underwriter, while Pembroke Managing Agency Ltd.,
a specialist provider of Lloyd’s managing agency services, will manage 'GIC Syndicate 1947' in the
initial years.
MCX Launches World's First Brass Futures Contracts
Multi Commodity Exchange of India (MCX) has announced that it will commence futures
trading in brass on March 26, 2018.
The launch will be an important milestone as it will be for the first time that a Brass Futures
contract will be traded on an organised exchange anywhere in the world.
Quick Facts about Multi Commodity Exchange (MCX):
♦ Established in – 2003
♦ Headquarters – Mumbai
♦ Current CEO - Mrugank Paranjape
BHEL inks tech pact with Korea-based HLB Power
On 21st March 2018, BHEL said that, it has signed a Technology Collaboration Agreement
(TCA) with HLB Power, Republic of Korea.
i. BHEL said that, this collaboration is for in-house design and manufacture of large size gates and
dampers used in coal fired power plants that would be commissioned or retrofitted with high
capacity emission control equipment.
ii. The TCA was signed by Subrata Biswas, Director (E, R&D) BHEL and Dr. Jong Weon Kim, CEO
and Director, HLB Power at BHEL's corporate office.
About BHEL (Bharat Heavy Electricals Limited):
♦ Chairman & MD - Atul Sobti
♦ Headquarters - New Delhi
Equitas Bank ties up with CSK, launches Yellow Army Savings Account
On March 22, 2018, Equitas Small Finance Bank (SFB) rolled out ‘Yellow Army Savings Account’ to
commemorate its association with the Indian Premium League (IPL) franchise Chennai
Super Kings (CSK).
i. ’Yellow Army Savings Account’ will fetch interest rate of 6 per cent per annum for balance
below Rs. 10 lakh and 6.5 per cent per annum for balance above Rs. 10 lakh.
ii. Visa debit card of ’Yellow Army Savings Account’ carries personal accident cover of up to Rs. 5
lakh, air accident cover of Rs. 30 lakh and lost card liability of up to Rs. 25000.
iii. As per an agreement between Equitas and CSK, Equitas will be the principal sponsor of
CSK and the banking partner of CSK for three years.
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Venezuela to eliminate three zeros off currency
On March 22, 2018, Venezuelan President Nicolas Maduro decided to remove three zeros of
the Venezuelan currency Bolivar fuerte with effect from June 4, 2018.
i. This decision is aimed at controlling the prevailing hyperinflationary situation across
Venezuela which witnessed 6147 percent price rise in last 12 months.
ii. Some economist believe that this decision of eliminating zeros from the currency will not result
in to desired outcomes as it does not change the underlying value of bolivar.
iii. To implement this decision, Maduro has decided to take out of circulation the current bills and
put into circulation new bills, wherein highest denomination currency note will be of 500 bolivars.
Economy to double to $5 trillion by 2025, no risk to inflation target: Finance ministry
On March 26, 2018, Economic Affairs Secretary Subhash Chandra Garg stated that India is on
track to double the size of its economy to $5 trillion by 2025.
i. India’s Gross Domestic Product (GDP) in value terms currently stands at USD 2.5
trillion, making it the sixth largest economy in the world.
ii. According to Mr. Garg, Indian economy is now positioned to attain 7-8 per cent annual growth
and with focus on start-ups, Micro Small and Medium Enterprises (MSMEs) and investment in
infrastructure development, it can even clock a higher growth in coming years.
iii. Mr. Garg also asserted that inflation will be contained within the Reserve Bank of India’s
(RBI’s) target of 4 per cent, plus/minus 2 per cent and will thus not pose any risk to growth.
iv.In February 2018, consumer price based retail inflation (taken into account by RBI while
formulating its monetary policy) was at 4 month low of 4.44 per cent.
Exim Bank extends $500 million loan facility to 15-nation group in Africa
On March 26, 2018, Export-Import Bank of India (Exim Bank) announced that it will extend
USD 500 million credit facility to ECOWAS Bank for Investment and Development (EBID) to
fund various development projects in Africa.
i. EBID is the financial institution established by the 15 Member States of the Economic
Community of West African States (ECOWAS) comprising Benin, Cape Verde, Burkina Faso,
Cote d'Ivoire, Ghana, Gambia, Guinea, Liberia, Guinea Bissau, Mali, Niger, Nigeria, Senegal, Sierra
Leone and Togo
ii. Including this Line of Credit, total value of LOCs extended by Exim Bank to EBID has
reached USD 1000 million.
India signs $80 Million Loan Agreement with ADB to boost Youth Employability in HP
Asian Development Bank (ADB) and the Government of India have signed $80 million loan
agreement to modernize technical and vocational education and training (TVET) institutions in State
of Himachal Pradesh.
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i. Funds procured through this loan will be used to conduct short-term and long-term
training programs in growth areas including electronics, automobiles, pharmaceutical, tourism
and hospitality, health care etc
ii. Relevant and good quality TVET programs will be developed which will improve employment
prospects of nearly 65000 youths by 2022.
RBS India facilitates setting-up of WomenInTech Forum
Royal Bank of Scotland (RBS) in India will facilitate to set up 'WomenInTech (WIT)
Forum that will work towards encouraging women to take up careers in science,
technology, engineering and math (STEM).
i. WIT Forum will not only work towards creating awareness among young women about career
opportunities in STEM but will also provide scholarships for economically weaker section.
ii. It will also provide mentoring and upskilling to increase the employability of women in
STEM careers.
iii. Professional consultancy network Deloitte is the knowledge partner for this initiative.
SEBI accepts most of the recommendations of Uday Kotak Committee on Corporate
Governance
On 28th March 2018, SEBI accepted most of the recommendations of Uday Kotak Committee on
Corporate Governance.
i. SEBI accepted 40 recommendations out of the 80 odd recommendations proposed by
the Uday Kotak committee.
ii. The SEBI committee was formed to review corporate governance rules in June 2017. It
is headed by Uday Kotak and has 21 members.
iii. The committee submitted its report on 5th October 2017. The committee had suggested the
implementation of its proposals in phases.
Jana Small Finance Bank commences operations
On 28th March 2018, Jana Small Finance Bank Limited commenced operations as a small
finance bank.
i. Jana Small Finance Bank aims to establish more than 500 banking outlets by 2019. It will initially
open 19 branches in 18 states.
ii. It will set up around 200 banking outlets including 25% unbanked rural branches by June 2018.
Long term capital gains tax to come into effect from April 1
i. As per current norms, gains made from the sale of shares within a year (short term) of purchase
attracted 15 per cent short term capital gains tax. However, gains made after a year of purchase
(Long term) was exempt from the levy.
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ii. In Budget 2018, LTCG was imposed citing a reason that exempting long-term gains from
share sale from any tax creates bias against manufacturing and encourages shifting of
investment to financial assets.
iii. 10% LTCG tax would apply on gains exceeding Rs. 1 lakh, made from sale of equity
shares of a listed company, unit of an equity oriented fund and unit of a business trust that has
been held for a minimum period of 12 months from the date of acquisition.
SEBI doubles investment limit of angel funds to Rs. 10 crore
With an objective to encourage early-stage start-ups, Securities and Exchange Board of
India (SEBI) has decided to double the investment limit by angel funds in venture capital
undertakings to Rs. 10 crore.
i. To give effect to the decision of raising maximum investment limit, SEBI board has approved
amendments to Alternative Investment Funds (AIF) regulations with respect to ‘Angel
Funds.’
ii. In addition to this, SEBI would also increase the maximum period of accepting funds
from an angel investor from three years to five years, as it will provide angel funds, more
time to identify opportunities for investment.
Nepal's central bank permits banks to borrow from abroad
For the first time, Nepal Rastra Bank (Nepal’s Central Bank) has permitted domestic
commercial banks to borrow funds from foreign banks and financial institutions.
i. The permission has been granted in order to resolve liquidity crunch prevailing in Nepal’s
banking system since past few months.
ii. However, loans borrowed from abroad are to be utilised for financing only productive sectors
such as agriculture, tourism, hydropower and outer infrastructure projects. It cannot be used to
lend to the real estate sector in Nepal.
MOU’S/AGREEMENTS IN NEWS Punjab inks MoU with Nandan Nilekani’s e-gov to provide online services
Punjab State Government has signed a Memorandum of Understanding with Nandan Nilekani’s e-
Governments Foundation (e-Gov) for managing of electronic governance of Urban Local
Bodies (ULBs) across the state.
i .The services have been grouped under 12 modules viz. property tax, complaints and
grievance, water and sewerage management, licensing, fire service, birth and death,
verification, ULB web portal, state and ULB dashboards, mobile application, payroll and
financial accounting.
ii. eGovernments foundation (co-founded by Nandan Nilekani) is engaged in transforming urban
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governance by enabling efficient and effective municipal operations and contact-less urban service
delivery, with the use of scalable and replicable technology solutions.
Telangana government MoU with Safran Electrical and Power SAS
On 10th March 2018, the Telangana government signed a MoU with Safran Electrical and
Power SAS for establishing an aerospace unit in Telangana.
Philippe Petitcolin, CEO, Safran and Jayesh Ranjan, Principal Secretary (industries) of Telangana
government inked the MoU at an event in Delhi.The cost for this will be Rs 52 crore.
Health Ministry and WHO sign an Agreement for enhanced cooperation in health sector
On March 13, 2018, Union Ministry of Health and Family Welfare and World Health Organization
(WHO) signed a Memorandum of Agreement (MoA) for enhanced cooperation in health sector.
i. The agreement was signed by Lav Agarwal, Joint Secretary (International Health) and Dr.
Tedros Adhanom Ghebreyesus, the Director General of WHO in New Delhi.
Odisha govt signs MoU with Tata Trusts
On March 13, 2018, Odisha State government and Tata Trusts signed a memorandum of
understanding (MoU) for implementing the state’s decision on land rights settlement for
slum dwellers in urban areas.
i. The MoU was signed in presence of Odisha Chief Minister Naveen Patnaik, who directed all district
collectors and concerned government officials to accord top priority to this work.
ii. As per the terms of the MoU, Tata Trusts will provide technical support to Odisha State
Government in implementing this decision.
Indian Army inks MoUs with HPCL, NIEDO
With an objective to secure a better future for the Kashmiri youth, Indian Army under the aegis of
Chinar Corps has signed Memorandums of Understanding (MoU) with Hindustan Petroleum
Corporation Limited (HPCL) and National Integrity and Educational Development
Organisation (NIEDO).
i. As per the terms of the MoU, Kanpur-based educational trust National Integrity and
Educational Development Organisation (NIEDO) will provide quality faculty for
professional coaching of Kashmir Youth, while HPCL will be the corporate partner for this
project.
ii. Coaching for first batch will commence from June 1, 2018.
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Four MoUs signed under aegis of DoNER for promotion of tourism in the North-East
On March 19, 2018, four memorandum of understanding (MoUs) were signed in New Delhi under
the aegis of the Ministry of Development of North East Region (DoNER) for promotion of
tourism in the North-East India.
i. The MoUs were signed between various entities in North East India and Airbnb, one of the
world’s leading community-driven hospitality companies which is aimed at creating
hospitality micro-entrepreneurs across key destinations in the North East of India.
ii. Activities carried out under these MoUs are a step towards achieving the aim of creating more
sustainable accommodation options to enhance the hospitality service standards in North
East Region and thereby doubling tourist growth rate in the next three years.
iii. The MoUs were signed on behalf of North East Tourism Development Council (NETDC) and North
Eastern Council (NEC)and two key livelihood initiatives, North Eastern Region Community Resource
Management Project (NERCORMP) and North East Rural Livelihood Project (NERLP).
iv. Another MoU for leveraging of community resources and appropriate local resources based
technology for development was also signed between NERCORMP and HESCO (Himalayan
Environmental Studies and Conservation Organization).
India and EU sign an agreement on sharing earth observation data from each other's
satellites
On 19th March 2018, India's Department of Space and the European Commission signed an
agreement that will enable them to share earth observation data from each other's satellite.
i. The agreement was signed by Philippe Brunet, director for Space Policy, Copernicus and
Defence, on behalf of European Commission and by PG Diwakar, Scientific Secretary in the Indian
Space Research Organisation (ISRO) on behalf of the Department of Space.
ii. The agreement was signed in Bengaluru. The agreement aims to strengthen cooperation on
Earth observation and mutual access to data from sentinel series of satellites of EU (European
Union) and from the earth observation satellites of India
ICFRE Signs MoU With TIFAC for Supporting Forest Based Communities
On March 20, 2018, Indian Council of Forestry Research and Education (ICFRE),
Dehradun and Technology Information, Forecasting & Assessment Council (TIFAC), New
Delhi signed an MoU for providing livelihood opportunities and augment income of the forest based
communities
i. ICFRE is an Autonomous Council under the Union Ministry of Environment, Forest and Climate
Change while TIFAC is an Autonomous Council under Department of Science and Technology.
ii. As per the terms of the MoU, TIFAC shall help ICFRE to refine and up-scale the
technologies that have been developed and make it accessible to the end users including
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farmers and other stakeholders.
NITI Aayog, Piramal Foundation ink agreement to improve health, education in
Aspirational Districts
NITI Aayog and Piramal Foundation have signed a Statement of Intent (SoI) to work closely with
the District Collectors and Key Government officials of 'Aspirational Districts' to support their
transformation in terms of education, healthcare and nutrition.
i. In context of this news, aspirational districts refer to selected 115 backward districts that
are lagging on specific development parameters.
ii. As per the terms of the SoI with Niti Aayog, Piramal Foundation will work in close
conjunction with the State Government, district administration, and concerned Central
ministries in improving the identified indicators in the health and nutrition and education
sectors.
MSDE - Ministry of Agriculture inks MoU for skill development training programs
Union Ministry of Skill Development and Entrepreneurship (MSDE) and Union Ministry of
Agriculture and Farmers' Welfare have signed a memorandum of understanding (MoU) to
conduct skill development training programmes for agriculture and allied sector.
i. As per the terms of the MoU, skill development training programmes will be conducted on
a regular basis at Krishi Vigyan Kendra (KVKs).
ii. The MoU will be instrumental in achieving government’s goal of developing agriculture as a
private enterprise so that it attracts more youth.
Madhya Pradesh inks MoU with Bharat Financial for animal healthcare plan
The Madhya Pradesh Animal Husbandry Department has inked a MoU with Bharat Financial
Inclusion Ltd (BFIL) to launch 'Pashu Dhan Sanjeevani - 1962', an animal healthcare programme.
i. The MoU was signed in the presence of Madhya Pradesh Animal Husbandry Minister Antar
Singh Arya and BFIL CEO and MD Geoff Woolley.
ii. The 'Pashu Dhan Sanjeevani - 1962' is claimed to be the first of its kind initiative by any state
government in India.They just have to dial the toll-free helpline number 1962.
iii.The service delivery process will be monitored through the 'Bharat
Sanjeevani' software and a mobile app
Odisha inks MoU with British Council for cooperation in several areas
On March 23, 2018, Odisha State Government signed a memorandum of understanding (MoU)
within presence of Odisha Chief Minister, Naveen Patnaik and British High Commissioner in
India, Dominic Asquith.
As per the terms of the MoU, British Council will support Odisha State governments "Mo
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School" (My School) initiative by contributing to the development of English language skills for
learners and teachers.
ISA and India signs Host Country Agreement
On March 26, 2018, International Solar Alliance (ISA) and the Union Ministry of External Affairs
(MEA), signed the Host Country Agreement in New Delhi.
i. The agreement was signed by V.K. Singh, Minister of State, Ministry of External Affairs
and Upendra Tripathy, Interim Director General of ISA in presence of R K Singh, Union
Minister of State (IC) Power and New & Renewable Energy.
ii. The Agreement gives ISA a juridical personality and authorises it to contract, to
institute and defend legal proceedings and to acquire and dispose off movable and
immovable properties.
Historic agreement signed to protect the world's largest tropical peatland
Democratic Republic of Congo (DRC), the Republic of Congo and Indonesia have signed
Brazzaville Declaration that promotes better management and conservation of Cuvette
Centrale region in the Congo Basin, the world’s largest tropical peatlands.
i. Peatlands are wetlands that contain a mixture of partially decomposed organic material.
ii. The declaration was signed on the sidelines of the Third Partners Meeting of the Global
Peatlands Initiative, that was held in Brazzaville, Republic of Congo, from 21st – 23rd March
2018.
iii. Thus it is of utmost importance to conserve these peatlands as the emissions stored could
be released in atmosphere if the they are degraded or drained.
GIFT and Deloitte sign MoU to promote IFSC operations
On March 26, 2018, Gujarat International Finance Tec-City (GIFT), India's first operational
smart city and International Financial Services Centre (IFSC)signed a Memorandum of
Understanding (MoU) with Deloitte Touche Tohmatsu India LLP (DTTILLP) for mutual
cooperation in areas related to international financial services.
i. GIFT City, located near Gandhinagar in Gujarat is a global business district offering a
platform for business opportunities in international and domestic business operations
while DTTILLP is the Indian arm of multinational professional services network Deloitte.
ii. As per the terms of the MoU, GIFT-IFSC and DTTILLP will cooperate to provide quality
professional services to support the establishment of businesses in IFSC.
Quick facts about Deloitte:
♦ Founded in – 1845
♦ Headquarters – London, United Kingdom (UK)
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AAI signs MoU with Assam govt to develop villages in Kamrup
On March 26, 2018, Airport Authority of India (AAI) signed a memorandum of understanding
(MoU) with Assam government for sustainable development of human settlements at
villages in Kamrup district.
i.Activities carried out under this MoU will be part of AAI’s Corporate Social Responsibilities
(CSR) initiative.As per the terms of this MoU, AAI would provide financial assistance of Rs
4.58 crore for Kamrup district.
ii. This amount has been decided as per the estimates prepared by the United Nations
Development Programme (UNDP) to improve the resilience of communities around Guwahati
Airport.
COMMITTEES & MEETING
26th GST Council meeting held in New Delhi
On 10th March 2018, the 26th meeting of the GST Council was held at Vigyan Bhawan,
New Delhi.
Recommendations on Data Analytics:
The GST council was informed that CBEC and GSTN have begun detailed data analytics on the
available data sets. Outcomes of the preliminary data analysis are:
• There is difference in the amount of IGST & Compensation Cess paid by importers at
Customs ports and input tax credit of the same claimed in GSTR-3B.
• There is great difference in self-declared liability in FORM GSTR-1 and FORM GSTR-3B.
Return filing System:
• The present system of filing of GSTR 3B and GSTR 1 is extended for 3 more months: April to
June, 2018 untill new return system is finalized.
Reverse charge mechanism:
• Liability to pay tax on reverse charge basis has been deferred till 30.06.2018.
TDS/TCS:
• The provisions for deduction of tax at source (TDS) under section 51 of the CGST Act and
collection of tax at source (TCS) under section 52 of the CGST Act will be suspended
till 30.06.2018.
Grievance Redressal Mechanism:
• GST implementation Committee (GIC) will work on redressing the grievances caused to the
taxpayers due to IT glitches.
e-Wallet scheme:
• It has been decided to extend the available tax exemptions on imported goods for 6 more
months beyond 31.03.2018. Exporters currently utilizing export promotion schemes can
•
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continue to use such exemptions on their imports till 01.10.2018, by then an e-Wallet
scheme will be introduced to continue the benefits in future.
Recommendations regarding E-way Bill:
• The council recommended the introduction of e-way bill for inter-State movement of goods
all over India from 01st April 2018.
Major improvements over the last set of rules approved by the Council are:
• E-way bill is mandated to be generated only when consignment value is more than Rs.
50000/-. For smaller value consignments, e-way bill is not required.
• Railways has been exempted from generation and carrying of e-way bill with the condition
that without the production of e-way bill, railways will not deliver the goods to the recipient.
Railways are required to carry invoice or delivery challan etc.
• Time period for the recipient to communicate his acceptance or rejection of the consignment
will be for 72 hours, whichever is earlier.
About GST Council:
• Chairperson - Arun Jaitley
• GST Council Secretariat – New Delhi
1st Meeting of Working Group to make India USD 5 Trillion Economy held in New Delhi
1st meeting of the Working Group on making India, USD 5 Trillion Economy was held on March 15,
2018 in New Delhi.The meeting was chaired by Union Minister of Commerce and Industry,
Suresh PrabhuThe objective of Working Group is to chart out a timeline for achieving the goal of
making Indian economy a USD 5 trillion economy from the current USD 2.6 trillion economy.
Informal WTO Ministerial Meet held in New Delhi
Informal meeting of the World Trade Organisation (WTO) ministers was held in New Delhi on
March 20, 2018.This meeting was called by India to explore options to reinvigorate the World
Trade Organisation (WTO), by engaging in free and frank discussions.
G-20 Ministers meeting held in Argentina
First G20 meeting of finance ministers and central bank governors under Presidency of
Argentina was held on 19th and 20th March 2018 in Buenos Aires, Argentina.
i. The meeting was attended by 22 finance ministers, 17 Central Bank Governors and 10 heads of
international organizations, including International Monetary Fund (IMF) Managing Director,
Christine Lagarde and Administrator of the United Nations Development Programme, Achim Steiner.
ii. Discussions at the this two-day meeting revolved around infrastructure
development and the future of work in the digital arena.
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iii. This was the first of five such meetings to be held before Argentina hosts the G20 Summit on
30th November and 1st December 2018.
Seventh India-Egypt Joint Commission meeting held in New Delhi
On 23rd March 2018, the 7th Session of India Egypt Joint Commission Meeting was held in New
Delhi.External Affairs Minister Sushma Swaraj & Egyptian Foreign Minister Sameh
Shoukry lead the meeting
15th Meeting of India-US Joint Working Group on Counter Terrorism held in New Delhi
On 27th March 2018, the 15th meeting of the India-US Counterterrorism Joint Working Group was
held in New Delhi.
i. The India delegation was led by Ministry of External Affairs Joint Secretary Mahaveer
Singhvi. US delegation was led by U.S. State Department’s Principal Deputy Coordinator
for Counterterrorism, Alina L. Romanowski.
ii.The next meeting of the Joint Working Group will be hosted by the United States in
2019.
SUMMITS & CONFERENCE 27th Technological Conference of IJIRA held in Kolkata
On February 28, 2018, Union Textile Minister Smriti Irani attended the 27th Technological
Conference of Indian Jute Industries' Research Association (IJIRA) on Shaping the Future of
Jute, in Kolkata, West Bengal.
i. While addressing the conference, Ms Irani praised (IJIRA) for developing low-cost jute-based
sanitary napkins.
ii. Jute based sanitary napkins have lesser chemical content. Moreover, the manufacturing of the
jute-based napkin can lead to the development of women entrepreneurs &can the entrepreneurs
benefit from the Mudra loan scheme of the government.
Fourth India-Europe 29 Business Forum held in New Delhi
Fourth India-Europe 29 Business Forum (IE29BF) was held in New Delhi on 5th and 6th March 2018.
i. IE29BF was created in 2014 by Union Ministry of External Affairs and Federation of
Indian Chambers of Commerce and Industry (FICCI).
ii. The forum serves as platform for promoting business exchanges between India and the twenty
nine countries of Central Europe region.
iii. Theme of IE29BF 2018 was ‘Synergising Economic Vision for Expanded Relations’ while
Czech Republic was the ‘Focus Country’.
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PM inaugurates two-day National Legislators Conference
On March 10,2018, Prime Minister Narendra Modi inaugurates a two-day National Legislators
Conference at the Central Hall of Parliament House.
i. The theme of the conference is - "We For Development".
ii.The conference will be attended by Union Ministers, including Arun Jaitley, J P Nadda, Nirmala
Sitharaman, Suresh Prabhu, Narender Singh Tomar, Prakash Javadekar and Dharmendra Pradhan.
First International Solar Alliance (ISA) Summit – Overview
The first summit of International Solar Alliance (ISA) was held on March 11, 2018 in New Delhi.
Highlights of First ISA Summit:
The summit was co- hosted by Indian President Ram Nath Kovind and visiting French
President Emmanuel Macron.
• While addressing the summit, Prime Minister Narendra Modi stated that India has set
a target to generate 175 GW of electricity from renewable energy sources by
2022. Out of 175 GW, 100 GW will be generated by harnessing solar energy.
• PM Modi also outlined a 10-point action plan to bring about a “worldwide solar
revolution”.
• The ‘Delhi Solar Agenda’ was also launched during the first ISA Summit. As per the
agenda, 62 member nations have committed that they will increase share of solar
power in their national energy mix to deal with climate change and provide energy to
underprivileged section of the society.
• PM Modi announced that India would give $1.4 billion in aid to 15 other developing
nations for executing 27 solar projects while French President Emmanuel Macron
pledged over $860 million for solar projects in developing countries. Headquarters
of ISA is located in Gurugram, Haryana, India.Countries at the ISA represent three-
fourths of the world population.
World Ocean Summit 2018 held in Mexico
On 7th to 9th March 2018, the 5th World Ocean Summit 2018 was held in Riviera Maya,
Mexico.It was hosted by the Economist Group.
i. Over 360 leaders from government, industry, multilateral organisations, scientific community and
civil society all over the world took part in the World Ocean Summit 2018.
ii. Problems related to the world's seas and solutions to protect ocean resources were discussed in
the summit.
About the Economist Group:
♦ Established – 1843
♦ Group chief executive - Chris Stibbs
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Delhi End TB Summit, PM Modi launches campaign to eradicate TB from India by 2025
On March 13, 2018, Prime Minister Narendra Modi inaugurated the ‘End TB Summit’ in New Delhi
and launched ‘Tuberculosis Free India Campaign’.
• It is to be noted that over 10 million people contract TB every year. TB was
responsible for 1.7 million deaths in 2016, despite most cases being curable.
• ‘Delhi End TB Summit’ is being co-hosted by Union Health Ministry, World Health
Organisation (WHO) South East Asia Regional Office and Stop TB Partnership.
• Delhi End TB Summit would set the stage for the September 2018 United Nations (UN)
High-Level Meeting on TB. At this meeting, for the first time, TB would be discussed in the
UN General Assembly at the Heads of State level.
While inaugurating the summit and launching the campaign, PM Modi also announced that Indian
Government has set an aim to eradicate tuberculosis (TB) from India by 2025.
First Regional Conference on Mass Rapid Transport Systems for Urban Areas held in
Kolkata
On 13th March 2018, the first regional conference on ‘Mass Rapid Transport System
(MRTS) for Urban Areas – Opportunities and Challenges’ was held in Kolkata.
i. Organisers: This conference was organized by Ministry of Finance, AIIB, ASSOCHAM and
Research and Information System for Developing Countries (RIS).
ii. Eight such regional conferences will be held prior to the third annual meeting of Asian
Infrastructure Investment Bank (AIIB) to be held in Mumbai from 22 June to 27 June 2018.
iii. Mr. Soon-sik Lee, Senior Transport Specialist at Asian Infrastructure Investment Bank (AIIB),
said that, AIIB is increasing the loan amount to India from current US $ 1.7 billion to 2
billion.
Rising India Summit organized by Network 18 held in New Delhi
On 16th and 17th March 2018, the Rising India Summit organized by Network 18 is held in
New Delhi.
i. This is the first edition of News18 Rising India Summit. Prime Minister Narendra Modi delivered
keynote address at the summit.
ii. Paul Krugman, a Nobel Prize-winning economist, is the guest of honour. The summit focuses on
strategic affairs, sports, entertainment and defence.
About Network 18:
♦ President - Avinash Kaul
♦ Corporate Office – Noida, Uttar Pradesh
First National Conference on Drug Law Enforcement held in New Delhi
Minister of State for Home Affairs, Hansraj Gangaram Ahir inaugurated the first National
Conference on Drug Law Enforcement in New Delhi on March 23, 2018.It is organised by
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the Narcotics Control Bureau (NCB), under Union Ministry of Home Affairs.
More than 110 delegates from nearly 50 State and Central law enforcement agencies involved in
combating drug trafficking viz. State Police forces, State Excise departments, Central Armed Police
Forces (CAPF), Border Guarding Forces, Directorate of Revenue Intelligence (DRI), Central Bureau
of Investigation (CBI) and Central Bureau of Narcotics (CBN) will be participating in this two-day
conference.
5th India Maize Summit held in New Delhi
On 23rd March 2018, the 5th India Maize Summit was held in Federation of Indian Chambers of
Commerce and Industry (FICCI), New Delhi.
i. The India Maize Summit 2018 was organized by Federation of Indian Chambers of
Commerce and Industry (FICCI). The India Maize Summit has been conducted since 2013.
ii. The India Maize Summit aims to provide a common platform to all stakeholders to highlight the
opportunities in maize and discuss on actions that are required to improve the market.
National Conference on Down Syndrome’ held in New Delhi
A ‘National Conference on Down Syndrome’ was held in New Delhi on March 26, 2018. This
conference was organised by the National Trust under Union Ministry of Social Justice and
Empowerment.
i. The conference was inaugurated by Dr. Kamlesh Kumar Pandey, the Chairman of National
Trust.
ii. Objective of this conference was to seek commitments of various stakeholders and increase
awareness about Down Syndrome. Besides, it served as an opportunity for parents of individuals
having Down syndrome, to obtain information about latest development in education and skilling
and inclusive living of persons with Down Syndrome.
iii. A book entitled “Twilights Children” based on the lives of person suffering from Down
Syndrome was released during the course of the conference.
11th Rashtriya Rifles Biennial Conference 2018 held in Jammu and Kashmir
On 26th and 27th March 2018, the 11th Rashtriya Rifles Biennial Conference 2018 was
held in Nagrota, Jammu and Kashmir.was chaired by Chief of the Army Staff General Bipin
Rawat.
About Rashtriya Rifles:
♦ A branch of the Indian Army under the authority of the Indian Ministry of Defence
♦ currently deployed in the state of Jammu and Kashmir.
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INDEXES RANKINGS
Details about Global Firepower List 2017:
In terms of military prowess, India has ranked 4th out of 133 countries on the Global
Firepower (GFP) list 2017.
Ranking in Global Firepower List is based on Country’s Power Index Score, which is arrived at by
assessing the countries on 50 parameters.
• Available manpower is the most important parameter and thus countries with large
population tend to rank higher.
• Geographical factors, natural resources, logistical efficiency and local industry also affect the
final ranking.
• When compared with Pakistan (13th Rank), India is superior on all parameters
except the number of attack helicopters, self-propelled artillery and waterway
coverage.
Global Firepower List 2017:
1 United States 6 United Kingdom 2 Russia 7 Japan 3 China 8 Turkey 4 India 9 Germany 5 France 10 Egypt
Mumbai ranks 16th most expensive city in the world
Mumbai has ranked 16th in the top 20 costliest cities in the world list, as per the Knight Frank
Wealth Report 2018.
i. Monaco has secured the first position,Hong Kong in the second position.
ii. Third place is occupied by New York City and fourth place is bagged by London.
About Knight Frank:
♦ Headquarters – London
♦ Established - 1896
India ranks 52 in Mastercard women entrepreneurs index
India ranks 52 on the Mastercard Index for Women Entrepreneurs (MIWE).
i. The report focuses on female entrepreneurs’ ability to “capitalize the opportunities granted
through various supporting conditions within their local environment”.
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ii. New Zealand is at the top of the list, with Sweden, Canada, US, Singapore, making the top five
in the index. The index was based on 12 indicators and 25 sub-indicators representing 78.6.
Andhra Pradesh stands at 51st position in Global Multidimensional Poverty Index
As per a recent household survey conducted in Andhra Pradesh, the state attained a rank
equivalent to 51st rank globally on Multidimensional Poverty Index.
i.On the global Multidimensional Poverty Index, India ranked at 66th position with an index
value of 0.1911.
ii. Andhra Pradesh can be placed at 51st position. Among districts of Andhra Pradesh, East
Godavari has topped with index value of 0.0468 and Vizianagaram is at the bottom with a
value of 0.1271. It is the most widely accepted global measure of multidimensional
poverty.
India ranks 78th on WEF Energy Transition Index, topped by Sweden
India has ranked 78th among 114 countries on the World Economic Forum's (WEF’s) Energy
Transition Index.
• The index is a part of first edition of ‘Fostering Effective Energy Transition report’,
prepared by World Economic Forum (WEF) with analytical support from McKinsey &
Company.
• Among emerging markets, Brazil ranked 38th, Russia at 70th and China stood at 76th spot.
• The list has been topped by Sweden, followed by Norway and Switzerland at 2nd and 3rd
rank respectively.
Energy Transition Index – Top 10:
1 Sweden 6 Netherlands 2 Norway 7 UK 3 Switzerland 8 Austria 4 Finland 9 France 5 Denmark 10 Iceland
Singapore is world’s most expensive city: Worldwide Cost of Living 2018
Singapore is the most expensive city in the world as per Worldwide Cost of Living 2018 report
by Economist Intelligence Unit (EIU).
10 Most Expensive Cities in the World 10 Cheapest Cities in the World Rank City Rank City 1 Singapore 133 Damascus, Syria 2 Paris, France 132 Caracas, Venezuela 3 Zurich, Switzerland 131 Almaty, Kazakhstan 4 Hong Kong 130 Lagos, Nigeria 5 Oslo, Norway 129 Bengaluru, India
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6 Geneva, Switzerland 127 Karachi, Pakistan 7 Seoul, South Korea 127 Algiers, Algeria 8 Copenhagen, Denmark 126 Chennai, India 9 Tel Aviv, Israel 124 Bucharest, Romania 10 Sydney, Australia 124 New Delhi, India
New Delhi ranked 22nd globally as top destination for 2018 – in the TripAdvisor’s top 25
travellers choice of destinations list for 2018
i. New Delhi stands 22nd in TripAdvisor’s top 25 travellers choice of destinations list for 2018.
ii. Paris secured 1st rank in the global list of Travellers Choice awards for Destinations. It is
followed by London (UK), Rome (Italy), Bali (Indonesia), Crete (Greece).
iii. In the Asia list, the following Indian cities have secured a place:
New Delhi – 8thposition, Goa – 9thposition and Jaipur - 16th position
iv. The Asia list is topped by Bali in Indonesia. It is followed by Phuket in Thailand, Hanoi
(Vietnam), Siem Reap (Siem Reap Province), Tokyo (Japan), Kathmandu (Nepal) and Hong Kong.
'World's best airport' title goes to Changi, Mumbai ranked 63rd
Singapore Changi Airport has been rated as world's best airport for the sixth consecutive
year by UK-based consultancy firm Skytrax.
i. In 2017, Changi Airport served 60 million passengers from almost 100 countries across
the world.
ii. Major attractions at Changi airport include a rooftop swimming pool, two 24-hour movie theatres
screening the latest blockbusters for free and a sunflower garden that features several varieties of
sunflowers grown in the airport's on site nursery.
iii. Changi Airport is followed by Incheon International Airport in South Korea at No.2 and
Haneda Airport in Japan at No.3.
iv. Among Indian Airports, Chhatrapati Shivaji International Airport, Mumbai ranked 63rd,
while Kempegowda International Airport, Bengaluru and Indira Gandhi International Airport, Delhi
ranked 64th and 66th respectively.
Bengal ranks top in highest no of beggars, Lakshadweep least
As per Census 2011 data, India is home to 413670 beggars. Among all state and Union
Territories, highest number of beggars resides in West Bengal (nearly 81000 beggars), while
Lakshadweep has only two beggars.
i. Out of total 413670 beggars in India, 221673 are males and 191997 are females.
ii. In terms of highest number of beggars, West Bengal is followed by Uttar Pradesh (65835
beggars) and Andhra Pradesh (30218 beggars).
iii. Among Union Territories, New Delhi has highest number of beggars (2187).
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India pips Germany, ranks 4th largest auto market Globally
i. During 2017, Automobile sales (including passenger and commercial vehicles) in India
touched 4 million units, outpacing Germany’s 3.81 million vehicle sales.
ii. In terms of year-on-year growth, Automobile Sales in India during 2017 grew 9.5% while in
Germany it grew by 2.8%.
Top 5 Auto Markets – 2017:
Country Units Sold (in millions) China 29.12 US 17.58 Japan 5.24 India 4.02 Germany 3.81
India ranks 67th in fixed line, 109th in mobile broadband speed: Ookla
According to internet speed testing analysis firm Ookla, India ranked 67th for fixed broadband and
109th for mobile internet speeds in February 2018 on Speedtest Global Index.
Fixed Broadband Speed – Top 5 Mobile Internet Download Speed Top 5
Country Download Speed Country Download Speed Singapore 161.53 Mbps Norway 62.07 Mbps Iceland 157.73 Mbps Iceland 58.44 Mbps Hong Kong 129.64 Mbps Netherlands 54.53 Mbps South Korea 117.49 Mbps Singapore 51.92 Mbps Romania 105.74 Mbps UAE 51.72 Mbps
REPORTS
Bengal tops in rural job scheme, T.N. is second
According to data provided by the Minister of State for Rural Development, Ram Kripal
Yadav in Rajya Sabha, West Bengal is the best performing State in terms of allotting jobs and
utilising funds under the Mahatma Gandhi National Rural Employment Guarantee Act
(MGNREGA).
i.For 2017-18, West Bengal has so far spent more than Rs. 7335.31 crore and has generated more
than 28.21 crore work days under MGNREGA.
ii. West Bengal is followed by Tamil Nadu (TN) which has spent Rs. 5981.75 crore and has
generated 22.17 crore work days during 2017-18, so far.
iii. Goa ranked at the bottom, with spending Rs. 2.47 crore and generating just 94000 work days
under the scheme.
Chennai tops in fixed broadband speed in India: Ookla report
According to a study titled ‘India’s digital divide: how broadband speed splits the nation’ by
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Ookla, Chennai has the highest fixed broadband download speed among 20 largest cities of India.
Broadband Speed in India:
In context of this news, it is important to note that for February 2018, with fixed broadband
average download speed at 20.72 Mbps, India ranked 67th in the world on Speedtest Global
Index.
With fixed broadband average download speed at 32.67 Megabits per second (Mbps)
Chennai has topped the list and has clocked 57.7% faster download speed than the average for
the rest of the country.
Highest Average Download Speed – Top 5 Cities
Chennai 32.67 Mbps Bengaluru 31.09 Mbps Hyderabad 28.93 Mbps Visakhapatnam 26.59 Mbps Delhi 23.57 Mbps
Pune tops Quality of Governance Survey
As per fifth edition of the Annual Survey of India’s City-Systems (ASICS) by Janaagraha
Centre for Citizenship and Democracy, Pune is the top city to show improvement in quality of
governance in 2017.
About Annual Survey of India’s City-Systems (ASICS):
The survey was administered in 23 major cities across 20 Indian states and contained 89 questions.
• ASICS measures the preparedness of city administration to deliver high quality standards,
political leadership at the city level, municipal finance & staffing, and transparency & citizen
participation.
• The 89 questions in the survey were placed under four broad categories viz. urban
planning & design, transparency – accountability – participation, urban capacities
& resources and empowered & legitimate political representation.
• Response to the questions was registered on a scale of 0-10.
Top 5 cities in terms of Quality of Governance:
1 Pune 2 Kolkata 3 Thiruvananthapuram 4 Bhubaneswar 5 Surat
World Happiness Report 2018: India Ranks 133rd, Finland tops the list
India has ranked 133rd out of 156 countries in the World Happiness Report 2018.
About World Happiness Report:
World Happiness report is an annual report published by the U.N. Sustainable Development
Solutions Network.
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• It was first published in 2012.The World Happiness Report 2018 ranks 156 countries by their
happiness levels and 117 countries by the happiness of their immigrants.
• Variables on which average happiness across countries has been derived are – GDP Per
Capita, Social Support, Healthy Life Expectancy at birth, Freedom to make life
choices, Generosity and Perceptions of corruption.
• Among India’s neighbouring countries, Pakistan has ranked 75th while China has ranked 86th.
• India ranked lower than most of South Asian Association for Regional Cooperation
(SAARC) countries, except Afghanistan that stood at 145.
• United States fell to 18th place from 14th last year.
• Burundi is at the bottom of the World Happiness Report rankings.
World Happiness Index 2018 – Top 10 Countries:
1 Finland 6 Netherlands 2 Norway 7 Canada 3 Denmark 8 New Zealand 4 Iceland 9 Sweden 5 Switzerland 10 Australia
Vienna is world's most liveable city: Quality of Living Survey by Mercer
As per 20th annual Quality of Living survey by Mercer, Austrian capital Vienna has been
named the world’s best city to live in for the ninth consecutive year.
Mercer’s annual Quality of Living survey assesses living conditions in 231 cities of the world
on 39 factors, grouped under 10 broad categories.
• The 10 categories are: Political and social environment, Economic environment, Socio-
cultural environment, Medical and health considerations, Schools and education, Public
services and transportation, Recreation, availability of Consumer goods, Housing and Natural
Environment.
Most Liveable Cities – Top 10:
BUSINESS Avaada Power inks pact to develop 500 MW solar capacities in Andhra Pradesh
On 28th February 2018, Avaada Power Pvt Ltd, stated that, it will invest Rs 3,500 crore to
establish 500 MW solar projects in Andhra Pradesh. An agreement regarding this was signed
at the 'CII Partnership Summit 2018' in Vishakhapatnam.
i. Avaada Power said that, the utility-scale solar projects will produce clean energy sufficient to
1 Vienna, Austria 6 Dusseldorf, Germany 2 Zurich, Switzerland 7 Frankfurt, Germany 3 Auckland, New Zealand 8 Geneva, Switzerland 4 Munich, Germany 9 Copenhagen, Denmark 5 Vancouver, Canada 10 Basel, Switzerland 10 Sydney, Australia
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sustainably power more than 2.4 million houses in Andhra Pradesh.
ii. This investment by Avaada Power would create over 1,200 job opportunities. Andhra Pradesh
has a planned to achieve a goal of 18 GW of renewable energy capacities by 2021-22.
About Avaada Group:
♦ Chairman - Vineet Mittal
♦ Vice Chairperson - Sindoor Mittal
Tata-Boeing joint venture established aerospace facility in Hyderabad
On 1st March 2018, Tata Boeing Aerospace Ltd (TBAL) inaugurated facility to manufacture
fuselages for the AH-64 Apache helicopter in Hyderabad.It is a joint venture of Boeing Co.
and Tata Advanced Systems Ltd (TASL).
i This facility will be the only global producer of fuselages for AH-64 Apache helicopter delivered by
Boeing.
ii. Secondary structures and vertical spar boxes for AH-64 Apache helicopter will also be produced
in this facility. The first fuselage would be delivered in 2018.
iii. The facility was inaugurated by Union Defence minister Nirmala Sitharaman and
Telangana minister for Industries and IT, KT Rama Rao.
About Boeing:
♦ Chairman, President and CEO of the Boeing Company - Dennis A. Muilenburg
♦ President of Boeing India - Pratyush Kumar
Government raises import tax on crude, refined palm oil
i. Import tax on crude palm oil has been raised to 44 percent from 30 percent while for
refined palm oil, it has been raised to 54 percent from 40 percent
ii. Higher import tax would lift oilseed prices, which would encourage domestic supply for crushing
It would also limit the edible oil imports in the 2017/18 marketing year, that started from
November 1, 2017.
iii. India is the world's biggest importer of edible oils. India relies on imports for 70 percent
of its edible oil consumption.
CBDT achieves important milestone of signing 200 APAs
During the month of February 2018, Central Board of Direct Taxes (CBDT) entered into seven
more Advance Pricing Agreements (APAs), taking the total number of APAs to 203 so far.
i. All seven APAs signed in February 2018 are unilateral APAs and pertain to automobile,
pharmaceuticals, Financial and Food & Beverages sectors.
ii. APA provisions were introduced in the Income-tax Act, 1961 in 2012. Objective of APA
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scheme is to provide certainty to taxpayers in the domain of transfer pricing by
specifying the methods of pricing and thereby reducing litigation.
Unilateral Bilateral Total
185 18 203
444 7 51(2017-2018)
Microsoft inks renewable energy deal for Bengaluru facility
On March 6, 2018, Microsoft announced that it has inked its first renewable energy deal in India for
powering its new facility in Bengaluru.
i. As per the terms of the agreement, Microsoft will purchase 3 megawatts of solar-powered
electricity from Atria Power for its new office building in Bengaluru which will fulfill 80 % of
the projected electricity needs at this building.
ii. Microsoft has set a target that at least 50 % of its energy usage worldwide should come
from wind, solar and hydropower electricity by the end of 2018.
Quick Facts about Microsoft:
♦ Founded in – 1975
♦ Headquarters – Washington, US
♦ Current CEO – Satya Nadella.
OVL signs pact for developing Susangerd oilfield in Iran
ONGC Videsh Ltd. (OVL), an overseas subsidiary of Oil and Natural Gas Corporation has
signed a Memorandum of Understanding (MoU) with IDRO Oil (a subsidiary of state-run
Iranian Development and Renovation Organisation), in developing Susangerd field in Iran.
As per the terms of the MoU, OVL and IDRO Oil will jointly bid for a USD 1 billion contract
for development of Susangerd oilfield in southern Iran.
India starts importing LNG from US for the first time
With the first shipment of Liquefied natural gas (LNG) getting loaded on-board GAIL's first
chartered LNG ship 'Meridian Spirit' on March 6, 2018, India has started importing natural gas from
US under a 20-year deal.
i. Indian government-owned Gas Authority of India Ltd. (GAIL) has contracted 3.5 million
tonnes per annum of liquefied natural gas (LNG) from Cheniere Energy's Sabine Pass
liquefaction facility in Louisiana, US.
ii. GAIL’s first shipment of LNG will be discharged at its Dabhol terminal (in Maharashtra) on or
around March 28, 2018.
iii. It is to be noted that in October 2017, India imported its first shipment of crude oil from the
US. In 1975, a ban was placed on oil exports from US. This ban was lifted in 2015 by Obama
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administration.
India-China trade hits a record $84.4 billion
India-China bilateral trade has reached $84.44 billion in 2017, in spite of bilateral tensions
like the Doklam issue.
i. Generally, the India-China bilateral trade is dominated by Chinese exports. In 2017, it witnessed
around 40% increase of Indian exports to China amounting to $16.34 billion, according to the data
of Chinese General Administration of Customs.
ii. In 2017, India-China bilateral trade increased by 18.63% compared to the previous year and
reached $84.44 billion. The volume of bilateral trade reached $80 billion for the first time.
Airbus signs up Indian start-ups in new push for 'Make in India'
On 8th March 2018, Neewee and EFLIGHT, two start-ups accelerated at Airbus Bizlab India,
inked their first contracts with Airbus and subsidiary NAVBLUE to implement their unique
innovative ideas in aerospace.
i.Neewee has come up with a solution called procuSense. This will improve certainty to
manufacturing, supply chain and procurement operations at Airbus.
ii. EFLIGHT has developed a trip support solution that provides a set of services that enables
business jet pilots to optimise plans for fuel, time, route and weather.
iii. These initiatives are in line with the government's 'Make in India' and 'Startup India' initiatives.
About Airbus BizLab:
♦ Head of Airbus BizLab - Bruno Gutierres
♦ Airbus BizLab Leader (India) - Siddharth Balachandran
CCI fines Jet Airways, SpiceJet and IndiGo for unfair business practices
The Competition Commission of India (CCI) has imposed a total fine of nearly Rs 540
million on Jet Airways, SpiceJet and IndiGo for unfair business practices related to fixing fuel
surcharge on cargo transport.
i .Jet Airways was levied a fine of Rs 398.1 million, IndiGo was given a penalty of Rs 94.5
million and SpiceJet was fined for Rs 51 million.
ii .CCI has imposed penalty at 3 % of the average relevant turnover of the airlines in the
last three financial years.
TCS ranked as the fastest growing IT services brand in 2018
According to an assessment done by leading brand valuation firm, Brand Finance, Tata
Consultancy Services was named as the fastest growing IT services brand in the world.
As per the Brand Finance IT Services 15 annual report for 2018, TCS now has a total brand value of
USD 10.391 billion; a growth of 14.4 percent from last year's total of USD 9.081 billion, with an
increase of USD 1.309 billion.
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About Tata Consultancy Services
♦ Founded -1968; 50 years ago
♦ Founder - J. R. D. Tata , F.C. Kohli
♦ Headquarters - Mumbai, Maharashtra, India.
SpiceJet flight from Kolkata becomes the first passenger plane to land in Sikkim
On 10th March 2018, Spicejet Q400 Bombardier, a SpiceJet commercial flight from Kolkata
made a successful landing at the Pakyong Airport in Sikkim for the first time.Pakyong
Airport is 32 km away from Gangtok, which is the capital of Sikkim. This advancement is expected
to boost tourism activities in Sikkim.
About SpiceJet:
♦ Chairman & MD - Mr. Ajay Singh.
♦ Headquarters - Gurgaon, Haryana.
Nasscom, FB, WeWork unveil design studio in Bengaluru
On 12th March 2018, Nasscom along with Facebook and WeWork launched Design4India
Studio in Bengaluru, Karnataka.
i. Design4India Studio is a dedicated design studio for web, mobile, augmented reality and virtual
reality platforms for start-ups and designers.
ii. It aims to eliminate the gap between design and technology by providing spaces for start-ups
and designers to explore, innovate and build together.
About Nasscom:
♦ President - R Chandrashekhar.
♦ Headquarters - New Delhi.
Suzlon commissions India's largest wind turbine generator
On 13th March 2018, Suzlon Energy announced the installation and commissioning of
S128, claimed to be the largest wind turbine generator (WTG) in India.
i. The first prototype of S128 has been commissioned at Sanganeri, in Tamil Nadu. It is
under testing. It is expected to be certified in 2018.
ii. The S128 WTG is available in 2.6 MW to 2.8 MW variants.
About Suzlon Group:
♦ Group CEO - J P Chalasani.
♦ Headquarters – Pune, Maharashtra.
India attracts USD 209 billion FDI during April 2014 to December 2017
On 13th March 2018, Minister of State for Commerce and Industry C R Chaudhary said that, a total
FDI (Foreign Direct Investment) of USD 208.99 billion has been received from April 2014
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to December 2017.The sectors that have received maximum foreign investment are services,
computer software and hardware, telecommunications, construction, trading, automobile, etc.
Retail inflation dips to 4.4% in February; Industrial Production grows 7.5% in January
Retail inflation has dipped to 4.44% in February from 5.07% in January 2018, as per
data released by Central Statistics Office on 12th March 2018.
i. As per the data released, inflation in vegetables was 17.57 % against 26.97 %, for fruits it was
4.80 % against 6.24 %.
ii. Inflation for fuel and light category was at 6.80 % in February against 7.73 % in January 2018.
iii. Inflation for transport and communication services was at 2.39 % against 1.97 %.
iv. Industrial Production increased by 7.5 % in January 2018 compared to 3.5 % in
January 2017. This growth is due to improvement in manufacturing sector.
v. The manufacturing sector contributes 77.63% to the Index of Industrial Production (IIP). It
improved by 8.7 % in January 2018 compared to 2.5 % in January 2017.
Boeing inks new pact with TAL to make beams for B 787-9/10 Dreamliners
On 14th March 2018, Boeing and TAL Manufacturing Solutions (TAL) signed a new contract
to manufacture advanced composite floor beams for Boeing's 787-9/10 Dreamliners at
TAL’s facility in Nagpur.
Boeing India president Pratyush Kumar said that, Boeing provides advanced technology
support for this project with TAL.
Russia remains biggest arms supplier to India
Russia continues to be the largest arms supplier to India as per report produced by
Stockholm International Peace Research Institute (SIPRI).
i. Russia remains India's biggest arms seller so far. But its share of total imports has decreased.
The report was made by Stockholm International Peace Research Institute (SIPRI).
ii. Second biggest supplier is United States. It provides 15 per cent of India’s weapon imports.
iii. Third biggest supplier is Israel amounting to 11 per cent of India's imports during the 2013-17
calendar years.
iv. Fourth biggest supplier is France contributing to 4.6 per cent of India's imports in the last five
years.
Anti-dumping duty imposed on Ofloxacin import from China
Ofloxacin is a pharmaceutical product, used in treatment of certain infections. Aarti
Drugs, a pharmaceutical company had approached Directorate General of Anti-Dumping and
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Allied Duties (DGAD) for initiation of anti-dumping investigation and imposition of the duty on
Ofloxacin exported to India from China.Anti-dumpping duty on import of 'Ofloxacin' from China will
be in the range of USD 2.58 to USD 9.48 per kg for three years.
Government scraps export duty on sugar to boost exports
In a bid to boost overseas sales in a surplus year of production, India Government has scrapped
the 20 per cent sugar export duty.In the 2017-18 season ending on September 30, 2018,
sugar production in India is likely to touch a record 29.5 million tonnes. This marks a 45
per cent increment over previous year, and is the main reason behind local sugar prices coming
down by more than 15 per cent in the past six months.
IRCTC ties up with Ola Cabs for booking cab on its website and app
On 19th March 2018, IRCTC (Indian Railway Catering and Tourism Corporation) announced its
partnership with Ola Cabs, in order to provide a book taxi option in its app and website.
i. This partnership between IRCTC and Ola Cabs is a six month pilot project. This will offer Ola
Cabs booking services to customers in the IRCTC Rail Connect App and on its website.
ii. All facilities provided by Ola Cabs will be offered on the IRCTC Rail Connect App and website for
the same price as it is offered directly by Ola.
About Ola:
♦ Co-Founder and CEO - Bhavish Aggarwal
♦ Headquarters - Bengaluru, Karnataka
India signs Double Taxation Avoidance pact with Hong Kong
On March 19, 2018, India and Hong Kong signed Agreement for the Avoidance of Double Taxation
and the Prevention of Fiscal Evasion.
i. This pact is in accordance with Section 90 of the Income Tax Act, 1961 which authorises
Indian Government to enter into an Agreement with a foreign country or specified territory for
avoidance of double taxation of income.
ii. The pact will not only prevent double taxation but will also provide for exchange of information
between the two countries
iii. This pact will give protection against double taxation to over 1500 Indian companies
and businesses operating in Hong Kong as well as to Hong Kong-based companies operating in
India.
India hands over 18 high-end diesel locos to Myanmar
On March 19, 2018, India handed over the 18th diesel-electric locomotive to Myanmar and thereby
completed the first project under the current Indian line of credit (LoC) to Myanmar.
i. All 18, AC-DC 1350 HP diesel-electric locomotives are fitted with the microprocessor control
based system and can attain a maximum speed of 100 KM PH.
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ii. These locomotives have been customised for the Myanmar Railways and have been built by
Diesel Locomotive Works, Varanasi.
Indian Oil Corp starts doorstep delivery of diesel on a pilot basis in Pune
On March 21, 2018, government-owned Indian Oil Corp (IOC) started doorstep delivery of diesel on
a pilot basis in Pune and has thus became first company in India to provide such service
after receiving clearance from the Petroleum and Explosives Safety Organisation (PESO).
i. IOC has started this service in Pune through a diesel dispenser mounted on a midsized truck
along with a storage tank.
ii. Hindustan Petroleum Corp Ltd (HPCL) and Bharat Petroleum Corp Ltd (BPCL) are the other two
refiner that have got PESO approval for a trial run of doorstep diesel delivery.
iii. PESO approval is mandatory for doorstep delivery of fuel as petrol and diesel are
highly inflammable fuels and require adequate safety precautions
US slaps anti-dumping duty on Chinese, Indian steel flanges
Donald Trump Administration in US has decided to impose anti-dumping duty on the stainless steel
flanges imported from China and India.
The anti-dumping duty has been imposed based on a probe by US Department of
Commerce, through which, it was found that exporters from India and China received
subsidies on these products and were thereby able to sell it in US market much below the
fair value.
ISRO–BHEL Tie up for the Production of Space Grade Lithium-Ion Cells
Indian Space Research Organisation (ISRO) and Bharat Heavy Electricals Limited
(BHEL) have entered into a Technology Transfer Agreement (TTA) for production of space grade
Lithium-Ion cells.The cells have high energy density, reliability and long cycle life and are
thereby used by ISRO as power sources for satellite and launch vehicle applications which
is developed by ISRO’s Vikram Sarabhai Space Centre (VSSC).
Telangana slashes VAT on aviation fuel by 15%
On March 23, 2018, Telangana Industries Minister KT Rama Rao announced a reduction
in Value Added Tax (VAT) on Aviation Turbine Fuel (ATF) to 1 per cent from 16 per cent.
This decision is likely to boost air traffic at the Rajiv Gandhi International Airport located
near Hyderabad which has completed 10 years of operations.
India gets 1st US LNG shipment at Dabhol
On March 30, 2018, India received its first shipment of Liquefied natural gas (LNG) from US
under a 20-year deal.Gas Authority of India Ltd. (GAIL) has contracted 3.5 million tonnes
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per annum of liquefied natural gas (LNG) from Cheniere Energy's Sabine Pass
liquefaction facility in Louisiana, US.
GAIL’s first shipment of LNG arrived at its Dabhol terminal (in Maharashtra) in a charter ship,
MV Meridian Spirit that commenced voyage from Louisiana, US, nearly 25 days ago.
RK Singh lays foundation stone of Naitwar Mori Hydro Electric Project in Uttarakhand
On March 30, 2018, Minister of State (IC) for Power and New & Renewable Energy, R K Singh and
Uttarakhand Chief Minister Trivendra Singh Rawat laid the foundation stone of the 60 MW Naitwar
Mori Hydro Electric Project (NMHEP) in Uttarkashi.Naitwar Mori Hydro Electric Project (NMHEP), is
located on the river Tons – a tributary of the Yamuna in Uttarkashi district of
Uttarakhand.The entire project is scheduled to be completed by December, 2021.
NHP comprises two underground generating units of 30 MW each, which will add 265.5 Million
Units of renewable energy and would result in CO2 emissions reductions to the tune of
0.21 Million tons per year.
AWARDS & RECOGNITIONS Indian-American scientist Navin Vardarajan awarded grant for cancer research
i. Navin Vardarajan and Sanghyuk Chung of University of Houston, were granted funds by Cancer
Prevention & Research Institute of Texas (CPRIT).
ii. Navin Vardarajan is an associate professor of chemical and bimolecular engineering. He was
granted USD 1,173,420 to improve effectiveness of T-cell immunotherapy.
iii. Sanghyuk Chung is an associate professor of biology and biochemistry. He was provided with
USD 811,617 to define molecular targets for cervical cancer treatment.
Shatrughan Sinha wins lifetime achievement award in UK
Indian Actor-politician Shatrughan Sinha has been honoured with a lifetime achievement award for
his contribution to the fields of arts and politics at the annual ‘Political and Public Life Awards’
presented by Britain’s Asian Voice weekly newspaper at the Members’ Dining Room in the
House of Commons building in UK’s Parliament complex.He has acted in over 225 films.
He is a member of the ruling Bharatiya Janata Party (BJP). He represents Bihar state’s Patna
Sahib Constituency in the Lok Sabha.
Gadchiroli book reading event sets new Guinness world record
On 3rd March 2018, Gadchiroli book reading event created a new Guinness world record
breaking the Guinness world record created in Turkey on 18th May 2017
90th Academy Awards ceremony, popularly referred to as Oscars 2018, honouring the
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best films of 2017 was held in Los Angeles, California, United States.The ceremony
was hosted by comedian Jimmy Kimmel.
Oscars 2018 – Winners List
Categories Winner Best Picture The Shape of Water Best Director Guillermo del Toro – The Shape of Water Best Actor Gary Oldman – Darkest Hour Best Actress Frances McDormand – Three Billboards Outside Ebbing,
Missouri Best Supporting Actor Sam Rockwell – Three Billboards Outside Ebbing, Missouri Best Supporting Actress Allison Janney – I, Tonya BestOriginal Screenplay Get Out – Written by Jordan Peele Best Adapted Screenplay
Call Me by Your Name – James Ivory based on the novel by André Aciman
Best Animated Feature Film
Coco
Best Foreign Language Film
A Fantastic Woman (Chile) in Spanish
Best Live Action Short Film
The Silent Child
Best Animated Short Film
Dear Basketball
Best Original Score The Shape of Water – Alexandre Desplat Best Original Song "Remember Me" from Coco – Music and Lyrics by Kristen
Anderson-Lopez and Robert Lopez Best Sound Editing Dunkirk – Richard King and Alex Gibson Best Sound Mixing Dunkirk – Mark Weingarten, Gregg Landaker and Gary A.
Rizzo Best Production Design The Shape of Water – Production Design: Paul Denham
Austerberry; Set Decoration: Shane Vieau and Jeff Melvin Best Cinematography Blade Runner 2049 – Roger A. Deakins Best Makeup and Hairstyling
Darkest Hour – Kazuhiro Tsuji, David Malinowski and Lucy Sibbick
Best Costume Design Phantom Thread – Mark Bridges Best Film Editing Dunkirk – Lee Smith Best Visual Effects Blade Runner 2049 – John Nelson, Gerd Nefzer, Paul
Lambertand Richard R. Hoover Quick Facts about Oscars:
♦ Awarded for – To recognize excellence in cinematic achievements (in United States)
♦ Presented by – Academy of Motion Picture Arts and Sciences (AMPAS)
♦ First Awarded in – 1929
♦ Frequency – Annual
♦ Creator of Oscar statuette – George Stanley.
Forbes India names 25 women as Trailblazers
Forbes India has released its "W-Power Trailblazers" issue, listing 25 women achievers
in business.
i. This list is not a ranking. It is a qualitative selection. It consists of ground breakers, game-
changers and innovators from various sectors like technology, law, banking, insurance, media,
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biotech and startup.
ii.Some of the women featured in the list are:
1.Chiki Sarkar – publisher of Juggernaut Books
2.Adhuna Bhabani - founder-director of Bblunt
3.Anupriya Acharya - CEO (India) of Publicis Media
4.Kavitha Sairam - co-founder of FIB-SOL Life Technologies
5.Dina Wadia and Shivpriya Nanda - joint managing partners of J Sagar Associates
British Indian Harry Athwal wins 'Pride of Birmingham' award
Harry Athwal, an Indian-origin British man has been selected for 'Pride of Birmingham’ award
in UK.In 2017, during the Barcelona terror attack, he risked his life to help an injured young boy.
IGI Airport adjudged world best in ACI survey
As per a survey by Airports Council International (ACI), Delhi's Indira Gandhi International
(IGI) Airport has been rated as the world number one among airports handling more
than 40 million passengers per annum.
i.IGI Airport handled 63.5 million passengers in 2017. It has surpassed Singapore’s Changi Airport,
South Korea’s Incheon and Thiland’s Bangkok airports in terms of passenger growth.
ii. Currently, IGI Airport is the 7th busiest airport in Asia and among the top 20 busiest airport
across the world.
iii. Among other Indian Airports, Mumbai's Chhatrapati Shivaji International Airport has
been ranked as the World’s Best Airport for customer experience.
Amazon CEO Jeff Bezos becomes first $100 billion Mogul on Forbes List
Amazon CEO Jeff Bezos has become the first person with $100 billion wealth in Forbes
magazine’s annual ranking of the world’s moguls 2018.
The estimated wealth of Jeff Bezos according to Forbes magazine is $112 billion
i. Vijay Shekhar Sharma, founder of Paytm, has secured 1,394th rank on the list with USD 1.7
billion wealth. He is youngest Indian billionaire on the list. He is 39 years old.
ii. Samprada Singh, chairman emeritus of Alkem Laboratories, is the oldest Indian billionaire on the
list. He is 92 years old with USD 1.2 billion wealth. He occupies 1,867th rank.
Architect Balkrishna Vithaldas Doshi becomes the first Indian to win Pritzker Prize
Architect Balkrishna Vithaldas Doshi has been named the 2018 winner of architecture's
highest honour - the Pritzker Prize. He is the first Indian and the 45th laureate to receive
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the award. The award ceremony will take place at the Aga Khan Museum in Toronto this May.
His designs include the IIM-Bangalore; Centre for Environmental Planning and Technology,
Ahmedabad; cultural spaces in Ahmedabad such as Tagore Memorial Hall, the Institute of Indology,
and Premabhai Hall; among many others.
Indian volunteer wins Commonwealth Point of Light award
On March 8,2017,Britain's Queen Elizabeth II recognised SrishtiBakshi from India as the 26th
Commonwealth Point of Lightin honour of her exceptional service to empowering women in
India.Srishti is the founder of the Cross Bow Milesmovement. She has overseen the creation of a
mobile app where people from across the world can upload steps collected from their phone
pedometers and join the campaigns 'Billion Steps For Women' drive.
India Won "Best Exhibitor Award" at ITB Berlin
On March 11, 2018, India won the "Best Exhibitor Award" at 2018 ITB – Berlin.
i. ITB Berlin (Internationale Tourismus-Borse Berlin) is the world's largest tourism trade fair
which takes place annually in March at the Messe Berlin, Germany.
ii. Minister of State (Independent charge) for Tourism Mr K. J. Alphons represented India
at 2018 ITB Berlin.India’s Ministry of Tourism presented a short film named "Yogi of the
Racetrack" at 2018 ITB Berlin.
Amol Palekar receives 'Godavari Gaurav' award
On March 10, 2018, renowned actor Amol Palekar was honoured with the ‘Godavari Gaurav’ award
at an event in Nashik, Maharashtra which has been instituted by Nashik-based ‘Kusumagraj
Prathishthan’.
i. Amol Palekar received the award from noted Marathi writer Madhu Mangesh Karnik, who is the
chairperson the Prathishthan.Classical singer Pandit Satyasheel Deshpande has also been
honoured with the ‘Godavari Gaurav’ award.
Dr Ketzia David Prakasam conferred Academy Award for Nobel Peace
Dr Ketzia David Prakasam has been presented the "Academy Award for Nobel Peace"
from the USA.
i. Dr Ketzia David Prakasam is a philanthropist, social worker and spiritual worker.
ii. She has become the first Indian woman to receive this award. The award was presented
on International Women’s Day (8 March 2018).
iii. She received the award from the founder Chairman of the Academy Award for Global Peace.
ICMR wins International Kochon Prize 2017 for TB research
On 13th March 2018, Indian Council of Medical Research (ICMR) was awarded the International
Kochon Prize 2017 for promoting research and development (R&D) in tuberculosis treatment.
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ICMR was presented a cash prize of $65,000 by the Kochon Foundation. Kochon Foundation is a
non-profit organisation based in Korea.Because of setting up of the India TB Research
Consortium to encourage R&D efforts in India.
India-UK Joint Team wins Newton-Bhabha Fund for Groundwater Arsenic Research
project
An India-UK Joint Team has won the Newton-Bhabha Fund for a project on Groundwater Arsenic
Research in Ganga River Basin.Purpose of the project to develop solutions to the water issues
faced in Arsenic-affected Ganga River Basin. Newton Bhabha Fund: it is provided by the
British Council. It aims to uitlise the joint efforts of UK and Indian scientific research sectors to
develop solutions for problems faced by India in economic development and social welfare.Prof
Abhijit Mukherjee will lead the project at IIT Kharagpur. He said that initially the project will
be conducted in 3 sites - Bijnor and Varanasi in Uttar Pradesh and Nadia in West Bengal.
Ministry of Power awarded for successful implementation of e-Office
Union Ministry of Power has been awarded a Certificate of Appreciation for successfully
implementing e-Office system in the Ministry.
i. In a bid to bring in effective Governance and quality in public service delivery, e-Office System is
being implemented in all Government of India’s Ministries/Departments.
ii. e-office system is part of Government of India’s National e-Governance
Programme and is aimed at improving the operational efficiency of the Government.
Indian film ‘Halkaa’ bags award at Festival International du Film Pour Enfants de
Montreal Film (FIFEM)
Indian film "Halkaa" has won the ‘Grand Prix de Montreal’ award at the 21st Festival
International du Film Pour Enfants de Montreal Film (FIFEM).
i. "Halkaa" was directed by Nila Madhab Panda. Child actor Tathastu has acted as Pichku, the lead
role.
ii. "Halkaa" was selected among seven international children's films in the official competition of the
festival held from 8th to 11th March 2018.
Jackie Shroff-starrer 'Shunyata' wins award at Best of India Short Film fest in US
Actor Jackie Shroff’s short film “Shunyata” has won an award at Best of India Short Film
Festival in Los Angeles, US.
i. 'Shunyata' is short fiction film which runs for 22 minutes. It was directed by Chintan Sarda. It
was produced by Sarda and Sunil Khedekar.
ii. The award ceremony was held at Mack Sennett Studios on 3rd March 2018. It received a cash
prize of $1,000.
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Veteran actress Simi Garewal wins UK Golden Flame Award
On 15th March 2018, Indian actress Simi Garewal received the "UK Golden Flame Award" at the
opening ceremony of the Tongues of Fire UK Asian Film Festival in London.
It is held in London, Leicester, Manchester and Edinburgh.
MDWS bags Award for best implementation of e-office
On 14th March 2018, Union Minister of State (Independent Charge) of the Ministry of Personnel,
Public Grievances & Pensions, Dr Jitendra Singh, awarded aCertificate of Appreciation to
Ministry of Drinking Water and Sanitation (MDWS) for implementation of e-office software.
i. Satyabrata Sahu, Joint Secretary and Mrs Seemantinee Sengupta, Senior Technical Director,
HOD, NIC-MDWS received the award at an event held at the Ministry of Personnel, Grievances and
Pension.
ii. e-Office is one of the projects under the Digital India programme. e-Office enables ‘paper-
less’ operations in offices.
Bhawana Kanth becomes second Indian Woman Fighter Pilot to go solo
On 16th March 2018, Bhawana Kanth became the second woman pilot of Indian Air Force
to fly solo in a fighter aircraft.
i. Flying Officer Bhawana Kanth flew in a MiG-21 Bison aircraft from Ambala Air Force Station on
16th March 2018.
ii. The first woman pilot of Indian Air Force to fly solo is Flying Officer Avani Chaturvedi.
Agri science centre in Chhattisgarh gets award for integrated farming model
Chhattisgarh’s Krishi Vigyan Kendra has been named the best such centre in India for its initiatives
like nutrition gardens and integrated farming techniques.
i. The Krishi Vigyan Kendra is located in Kanker district of Chhattisgarh. It is affiliated to the IGKV
(Indira Gandhi Krishi Vishwavidyalaya). It has been named the best of the 650 agriculture science
centres in India.
ii. Dr S K Patil, vice chancellor of IGKV in Raipur, and Birbal Sahu, coordinator of Kanker Krishi
Vigyan Kendra, received the 'Pt Deendayal Upadhyay Krishi Vigyan Protsahan Award-
2017' from Prime Minister Narendra Modi on 17th March 2018 in New Delhi.
iii. The award consists of a cash prize of Rs 25 lakh for infrastructure development and a citation
certificate.
About Indira Gandhi Krishi Vishwavidyalaya (IGKV):
♦ Vice chancellor – Dr S K Patil.
♦ Location – Raipur, Chhattisgarh.
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Canadian Mathematician Robert Langlands Wins Abel Prize
On 20th March 2018, the Norwegian Academy of Sciences and Letters said that, Canadian
mathematician Robert Langlands has been named the winner of the Abel Prize for 2018.
i.Robert Langlands will receive 6 million Norwegian kroner ($776,000) from Norway's
King Harald V at an award function to be held in Oslo on 22nd May 2018.
ii. He has worked in Princeton University and Yale University. At present he is a professor at the
Institute for Advanced Study in Princeton, the United States.
About Abel prize:
♦ Awarded - annually
♦ Started - 2003
♦ Awarded in memory of - Norwegian mathematics genius Niels Henrik Abel.
DRDO bags 'Most Informative Pavilion' award at the ISC
Defence Research and Development Organisation (DRDO) has bagged the "Most
Informative Pavilion" award in the Pride of India Expo, in Manipur which was a part of the
105th Indian Science Congress (ISC).
DRDO displayed cutting-edge indigenous defence technologies with more than 150 exhibits and
models from 18 of its laboratories and received a good response.
‘We Are Sikhs’ campaign wins top US award
‘We Are Sikhs’ campaign that was launched by National Sikh Campaign (NSC) in April 2018 in
America, has received the 2018 PRWeek US award, nicknamed the "Oscars of the Public Relations
Industry", in the category of Public Cause.
i. The campaign has bagged the award for projecting Sikhs as neighbours and everyday
Americans who suffer from discrimination due to ignorance of their faith. The award was presented
in New York recently.
ii. USD 1.3 million was raised by Sikhs and also some Hindus for the campaign. The ad campaign
was shortlisted among five finalists for the 'Best for a Cause' award.
G.K. Reddy Memorial National Award for 2017 presented to journalist Karan Thapar
On 22nd March 2018, former Prime Minister Manmohan Singh presented the G.K. Reddy
Memorial National Award for 2017 to Karan Thapar for journalism, at an event held in Teen Murti
Bhawan, New Delhi.
i. Karan Thapar is a senior journalist and television presenter. He has been awarded the G.K. Reddy
Memorial National Award for 2017 for his contribution to journalism.
ii. The function was organised by T Subbarami Reddy, the founder of G K Reddy Memorial Award
and TSR Foundation. He is also a Rajya Sabha member from Congress.
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About Press Trust of India (PTI):
♦ Head Office - New Delhi
♦ Chairman - Mr Viveck Goenka
Bengaluru airport wins best award in regional category
On 21st March 2018, the Kempegowda International Airport was presented the Skytrax award for
being voted as the best regional airport in India and Central Asia by air travelers, at the World
Airport Awards at Stockholm in Sweden.
It is the third busiest airport in India. It has bagged this award for the second consecutive year and
also in 2015 and 2011.
About Bangalore International Airport Limited (BIAL):
♦ Owns and operates Kempegowda International Airport
♦ MD & CEO - Hari K Marar
Ahmedabad airport receives award for ‘Most Improved Airport’
Sardar Vallabhbhai Patel International Airport in Ahmedabad, Gujarat has received 'Most
Improved Airport' award in the Asia Pacific region, in Airport Service Quality awards 2017
organised by the Airport Council International (ACI).
i. ACI is a global non-profit organisation engaged in developing standards, policies and
recommended practices for airports.
ii. Sardar Vallabhbhai Patel International Airport in Ahmedabad handles 200 flight
movements per day.
London based organisation SACF wins Frederick Pincott Award for 2017
London-based South Asian Cinema Foundation (SACF) has received the Frederick Pincott
Award for 2017 from the Indian High Commissioner, Y K Sinha for promoting Hindi cinema in
Britain for the last 18 years.
i. SACF has been active in boosting original research and books on Indian films, documentary
filmmaking and also inviting and honouring filmmakers from India.
ii.It was set up in London in January 2000 by Lalit Mohan Joshi, along with film critic Derek
Malcolm, film archivist P K Nair and social historian-researcher Kusum Pant Joshi.
Chhattisgarh bags 'Water Digest Award' for best water conservation and irrigation
facility
Chhattisgarh has won the National ‘Water Digest Award’ for Water Conservation-Diversion and
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increasing the irrigation capacity in Chhattisgarh.
i. On 21st March 2018, Union Minister of State for Water Resources Arjun Ram
Megwal presented the award to Chhattisgarh Water Resources Department Secretary
Sonmoni Borah, in New Delhi.
ii. ‘Water Digest’ magazine gives away this award every year. Chhattisgarh was presented
this award for improving irrigation capacity, community participation, water management, water
diversion, water conservation, work on inter-linking of rivers, enhancement of irrigation facilities,
etc.
Anushka Sharma features in Forbes 30 Under 30 Asia 2018 list
Bollywood actor-producer Anushka Sharma has featured in the Forbes 30 Under 30 Asia 2018 list,
which enlists innovators who are reshaping their industries and changing Asia for the better.
i. Anushka Sharma is one of the highest paid female actors of Indian film industry. She is 29 years
old.
ii. Indian badminton player PV Sindhu also appears in the list. Pakistani singer Momina
Mustehsan is also seen in the list.
President confers Gallantry Awards in Delhi
On March 27, 2018, President Ram Nath Kovind presented Gallantry Awards and distinguished
service decorations at the Defence Investiture Ceremony held at Rashtrapati Bhavan, New Delhi.
i. President Kovind presented three Kirti Chakra, 17 Shaurya Chakra, 14 Param Vishisht Seva
Medals (PVSM), one Uttam Yudh Seva Medal (UYSM) and 22 Ati Vishisht Seva Medals
(AVSM).
ii. Kirti Chakra is the second highest peacetime gallantry award (After Ashok
Chakra), presented for valour, courageous action or self-sacrifice away from the field of battle.
iii. Kirti Chakra was presented to CRPF Commandant Chetan Cheetah and Major Vijayant Bist of the
4th Battalion of the Jammu and Kashmir Light Infantry. Major David Manlun of the 164 Infantry
Battalion of the Naga Regiment was honoured posthumously with the Kirti Chakra.
Two Indian activists shortlisted for Commonwealth Youth Awards 2018
Two Indian activists Mirnalini Dayal and Yogesh Kumar have been selected
i. Mirnalini Dayal and Yogesh Kumar have been selected from across 53 Commonwealth member-
countries.
ii. Mirnalini Dayal has been chosen for her work as a campaign leader for 'Health Over Stigma'.
iii. Yogesh Kumar has been shortlisted for establishing the social enterprise 'Even Cargo'.
PM Narendra Modi tops Indian Express list of most powerful Indians
India’s Prime Minister Narendra Modi has retained the top spot on ‘IE 100 2018’, The List of
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Most Powerful Indians:
PM Modi has retained the top spot as he has been the face of BJP in every election (Assembly, by-
poll or civic polls) contested since 2014.
IE 100 2018 – Top 5
1 Prime Minister Narendra Modi 2 BJP President Amit Shah 3 Chief Justice of India, Dipak Misra 4 RSS Head, Mohan Bhagwat 5 UPA Chairperson, Sonia Gandhi
APPOINTMENTS & RESIGNATIONS R Subrahmanyam appointed as Higher Education Secretary
R Subramanyam has been appointed the new Secretary, Higher Education, in the Ministry of
Human Resource Development. He succeeds K K Sharma.
Some Other Newly Appointed Secretary are:
Department New Secretary New Secretary of Department of Personnel and Training in the Personnel ministry.
C Chandramouli
New Secretary of Department of Animal Husbandry, Dairy and Fisheries.
Tarun Sridhar
Ministry of Parliamentary Affairs Surendra Nath Tripathi Director General of National Mission for Clean Ganga Rajiv Ranjan Mishra additional secretary and financial advisor at Ministry of Culture.
Bipin Bihari Mullick
Secretaty, Mines Department Anil Gopishankar Mukim
secretary (coordination) in Cabinet Secretariat Inder Jit Singh Chemicals and Petrochemicals secretary P Raghvendra Rao
About Ministry of Human Resource Development:
♦ Minister of Human Resource Development - Prakash Javadekar
♦ Minister of State (School Education & Literacy) - Upendra Kushwaha
♦ Minister of State (Higher Education) - Satyapal Singh
Vinay Kumar appointed as Ambassador of India to Afghanistan
Vinay Kumar has been named the next Ambassador of India to the Islamic Republic of
Afghanistan.
Vinay Kumar is an Indian Foreign Service (IFS) Officer of the 1992 batch. He is at present Joint
Secretary in the Ministry of External Affairs.
Luminous Power Technologies signs Virat Kohli as Brand Ambassador for Amaze
On 28th February 2018, Luminous Power Technologies announced Virat Kohli as the brand
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ambassador for its new independent brand Amaze.
i.It would invest Rs 150 crore in the upcoming 3 to 5 years in Amaze to develop it.
ii. Amaze will produce totally different products compared to that of Luminous. Amaze will focus on
the unstructured battery market.
About Luminous Power Technologies:
♦ MD - Vipul Sabharwal
♦ Corporate Office - Haryana
Rangarajan Raghavan appointed director & managing director of HCL Infosystems
i. Rangarajan Raghavan is the president of HCL Infosystems Ltd. He has been appointed
director & managing director of HCL Infosystems with effect from 1st April 2018.
ii. His appointment has been made after Premkumar Seshadri resigned as the executive vice
chairman and managing director of HCL Infosystems.
iii. At present he is the president of the Project and Services division of HCL Infosystems.
About HCL Infosystems Ltd.:
♦ Type - IT Services, Solutions & Distribution Company
♦ Corporate Office - Noida
Armen Sarkisian elected as President of Armenia
On March 2, 2018, Armenian Parliament elected Armen Sarkisian as country’s next president
Succeeding President Serge Sarkisian, whose term will end on April 9, 2018. .He is Armenia’s
former Prime Minister and currently serving as Armenia’s ambassador to the United Kingdom.
This is the first time in Armenia’s history, that a president has been elected by the National
Assembly instead of popular vote
Krishna Kumari Kohli becomes Pakistan's first Hindu woman to be elected to Senate
On 3rd March 2018, Krishna Kumari Kohli became Pakistan's first Hindu woman to be
elected to Senate.
Krishna Kumari Kohli contested on behalf of Pakistan People’s Party (PPP) from a
constituency reserved for women candidates in Tharparkar district. She completed her
master’s degree in sociology from University of Sindh in 2013.
About Pakistan People’s Party (PPP):
♦ Headquarters - Islamabad, Pakistan
♦ Chairperson - Bilawal Bhutto Zardari
MS Dhoni becomes Brand Ambassador of gaming platform Dream11
On 5th March 2018, Mahendra Singh Dhoni was named the brand ambassador of Dream11,
a gaming platform.
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Dream11 has a user base of 2 crore players currently. Its main products are related to cricket,
football, kabaddi and basketball.
About Dream11:
♦ CEO - Harsh Jain
♦ Corporate Office - Mumbai
Japan navy appoints Ryoko Azuma as first female chief of warship unit
On 6th March 2018, Ryoko Azuma was appointed the commander of a unit that consists of
Japan’s biggest warship, becoming Japan’s first female chief of warship unit.
i. She will command four warships. The unit consists of 1,000 crew members in total.
ii. Helicopter carrier Izumo, which is Japan navy's biggest ship, is also included in the unit.
About Japan Maritime Self-Defense Force:
♦ Type - naval branch of the Japan Self-Defense Forces
♦ Chief of the Maritime Staff - Admiral Yutaka Murakawa
SBI appoints P K Gupta as Nominee Director on SBI Life Board
On 5th March 2018, SBI Life Insurance Company Ltd announced that, P K Gupta has been
named the nominee director on SBI Life Board by SBI. P K Gupta is currently MD (Retail and
Digital Banking) in SBI (State Bank of India). SBI Life Insurance Company Ltd is promoted by SBI.
Conrad Sangma sworn in as CM of Meghalaya
On 6th March 2018, Conrad Sangma took charge as Chief Minister of Meghalaya.
i. Conrad Sangma took oath as the 12th chief minister of Meghalaya in Shillong. He is
the President of National People's Party (NPP).
ii. The oath was administered by Meghalaya Governor Ganga Prasad. 11 Cabinet Ministers also
took oath during the ceremony.
Biplab Deb to be the new Tripura Chief Minister
On 6th March 2018, Biplab Kumar Deb was named the new chief minister of Tripura.
i. Biplab Deb was elected leader of the BJP legislature party in Tripura. He will take charge as
Chief Minister of Tripura before Governor Tathagata Roy.
ii. He will take charge on 9th March 2018. Jishnu Deb Burman will be the deputy Chief
Minister of Tripura.
Sandeep Bakhshi gets 2 year extension as MD of ICICI Prudential Life
On 6th March 2018, Sandeep Bakhshi, MD and CEO of ICICI Prudential Life Insurance, was re-
appointed for a 2 year term with effect from 1stJune 2018 till 31 May 2020. He had worked on
business development, project appraisals, project monitoring and business re-structuring.
i. He was appointed as director in 2010. He was re-appointed as director in 2015.
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ii. He has worked as a deputy-managing director and head of retail at ICICI Bank. He has also held
the post of chairman of ICICI Home Finance Company Limited.
Vivek R Wadekar appointed new Special Director in ED
On 6th March 2018, Vivek R Wadekar was named the new Special Director in the
Enforcement Directorate (ED) by the government.
Vivek R Wadekar is an Indian Revenue Service (IRS) officer of the 1991 batch. His appointment as
Special Director in Enforcement Directorate (ED) was made by the Appointments Committee of the
Cabinet (ACC).
About Enforcement Directorate (ED):
♦ Purpose - central investigative agency that enforces the Prevention of Money Laundering Act
(PMLA) and the Foreign Exchange Management Act (FEMA) in India
♦ Functions under - Union finance ministry
Neiphiu Rio appointed as CM of Nagaland
On 6th March 2018, Neiphiu Rio was appointed the new Chief Minister of Nagaland.
i. Neiphiu Rio belongs to the Nationalist Democratic Progressive Party (NDPP). He was
appointed the new Chief Minister of Nagaland byNagaland Governor P. B. Acharya.
ii. Former Chief Minister T.R. Zeliang's resignation was accepted by Governor P. B. Acharya.
Gary Cohn resigns as Donald Trump's top economic advisor
On 6th March 2018, US President Donald Trump's top economic adviser Gary Cohn resigned
from his position.
Gary Cohn has resigned from his position due to disagreement with the President's decision to levy
tariffs on steel and aluminum imports.
Prince Charles appoints Indian-origin steel tycoon Sanjeev Gupta as UK skills
ambassador
On March 8, 2018, Indian-origin steel tycoon Sanjeev Gupta has been appointed by Britain's
Prince Charles as an official ambassador for the Industrial Cadets programme designed to
nurture manufacturing skills.
Gupta was appointment to the flagship programme to give children and young people direct
structured experience of industry while still at school or college.
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Shri Ravi Thapar appointed Ambassador of India to Lebanon
Shri Ravi Thapar ,presently Joint Secretary in the Ministry of External Affairs, has been appointed
as the nextAmbassador of India to Lebanon in succession to Smt. Nengcha L. Mukhopadhaya.
ITBP appoints Prakriti as first woman officer in combat role
Prakriti has become the first woman to be directly inducted as combat officer into the
ITBP (Indo-Tibetan Border Police) unit in Pithoragarh, Uttarakhand.
i.She has a bachelor’s degree in electrical engineering. She had cleared the UPSC exam for officers'
recruitment in CAPFs (Central Armed Police Forces) in her first attempt.
ii. In 2016, the government permitted the CAPFs to induct women officers in combat roles. ITBP is
one of the five CAPFs.
About ITBP (Indo-Tibetan Border Police):
♦ Formed - 1962
♦ Director General - R K Pachnanda
Virat Kohli named Uber India's first brand ambassador
Uber announced the appointment of Indian skipper Virat Kohli as its first brand ambassador in
India, thus embarking on a first-of-its-kind initiative across the Asia Pacific (APAC) region.
Commerce and Industries Minister Suresh Prabhu gets additional charge of Civil Aviation
Ministry
On March 10,2018 , Commerce and Industries Minister Suresh Prabhu was given additional
charge of the Civil Aviation Ministry after the resignation of Ashok Gajapathi Raju of the
Telugu Desam Party (TDP).
Raju and another Telugu Desam Party (TDP) MP Y S Chowdary had resigned from the council of
ministers
Sitanshu Kar to be new PIB chief, set to replace Frank Noronha
All India Radio's News Services Division (NSD) director general Sitanshu Kar has been appointed
as the next Director General of the Union government's publicity wing, Press Information Bureau
(PIB).
Kar will be replacing Frank Noronha, who took charge of the PIB in 2014.
China scraps two-term limit, makes Xi Jinping president for life
On 11th March 2018, the National People’s Congress (NPC) of China cleared an amendment
to its constitution that will strike out a clause restricting the term of President to two
five-year terms.
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i. This move paves way for Xi Jinping to continue as president of China beyond his term limit of
2023.
ii. Xi Jinping became the Chinese President in March 2013. His second term as President started in
October 2017.
About National People’s Congress (NPC):
♦ Purpose - national legislature of the People's Republic of China
♦ Type - Unicameral
Anjani Kumar appointed as Commissioner of Police, Hyderabad
Anjani Kumar has been made the new Commissioner of Police, Hyderabad.
i. Anjani Kumar is an IPS officer of 1990 batch. He has been appointed the new Commissioner of
Police, Hyderabad, as part of a major reshuffle of senior police officers in Telangana.
ii. Kumar was the Additional DGP (Law & Order). The post of Hyderabad Police Commissioner was
vacant for the past 4 months.
iii. Additional Commissioner of Police (Law and Order), V.V. Srinivasa Rao was in-charge of the
post during those 4 months.
iv. V.V. Srinivasa Rao has been made the Chairman of Telangana State Level Police Recruitment
Board.
Bidya Devi Bhandari re-elected President of Nepal for second term
On 13th March 2018, Bidya Devi Bhandari was re-elected for a second term as President
of Nepal.
i. Bidya Devi Bhandari became the first woman president of Nepal in 2015. She is 56 years old.
ii. Votes: Bidya Devi Bhandari who secured 39,275 votes defeated Kumari Laxmi Rai of Nepali
Congress who obtained 11,730 votes in the presidential election.
iii. Alliance: Bidya Devi Bhandari was supported by the alliance of CPN-UML and CPN (Maoist
Centre), the Sanghiya Samajbadi Forum-Nepal etc.
About Communist Party of Nepal - Unified Marxist–Leninist (CPN-UML):
♦ Headquarters - Kathmandu, Nepal
♦ President - Khadga Prasad Oli
Gina Haspel to become CIA’s first woman chief
US President Donald Trump has nominated Gina Haspel for the position of CIA Director.
i. Gina Haspel was once reported to have run a secret prison in Thailand where the inmates were
allegedly subjected to harsh interrogation techniques.
ii. Donald Trump recently removed Secretary of State Rex Tillerson and replaced him with CIA
Director Mike Pompeo. He has nominated Gina Haspel for the position of CIA Director.
iii. She joined the CIA in 1985. If her selection as CIA director is confirmed she’ll become the first
woman director of CIA.
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Sangeeta Bahadur appointed as Ambassador of India to Belarus
On 15th March 2018, Sangeeta Bahadur was named the next Ambassador of India to the
Republic of Belarus.
i .Sangeeta Bahadur is an Indian Foreign Service (IFS) Officer of the 1987 batch. She is at present
the Additonal Secretary in Ministry of External Affairs.
ii .She has been appointed as the next Ambassador of India to the Republic of Belarus.
Slovenian PM Miro Cerar resigns over court ruling on referendum
On 15th March 2018, Slovenian Prime Minister Miro Cerar resigned after Slovenia’s top
court invalidated the result of a government referendum.
i. On 14th March 2018, the constitutional court invalidated the result of a referendum which
approved a government infrastructure project. The project was to upgrade transport links to Koper
port on the Adriatic coast.
ii. The estimated project cost was nearly one billion euros. The referendum held in September
2017, received a vote in favour of building a new railway line for the town.
JP Nadda elected unopposed to Rajya Sabha seat from Himachal Pradesh
On 15th March 2018, Union Health Minister J.P. Nadda was elected unopposed to the Rajya
Sabha from Himachal Pradesh for a second term.
As he was the only candidate who had filed nomination, he was elected unopposed for the Rajya
Sabha seat from Himachal Pradesh.
Nepal's Chief Justice Gopal Parajuli sacked for faking birth dates
On 14th March 2018, Nepal's Chief Justice Gopal Parajuli was removed from his post by
Nepal's Judicial Council for providing fake date of birth in order to remain longer in
office.
i. In the removal letter to Chief Justice the Judicial Council has quoted inconsistencies in the birth
dates as mentioned in his citizenship and academic certificates as reasons for his removal.
Larry Kudlow appointed as Donald Trump's new chief economic adviser
Larry Kudlow has been named the new chief economic advisor to US President Donald
Trump.He replaces Gary Cohn as Donald Trump's chief economic adviser.
i .Larry Kudlow worked as Donald Trump's informal economic adviser during the 2016 campaign.
ii The National Economic Council director advises the US president on economic issues and carries
out implementation of policy goals.
HSBC appoints Pradeep Rao as head of corporates in South-east Asia for global banking
On 13th March 2018, HSBC appointed Pradeep Rao as its head of corporates for South-east
Asia for global banking.
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i. He was previously HSBC's managing director of Asia-Pacific consumer and retail sector.
ii. He will be based in Singapore. He will report functionally to Rajeev Sahney, head of corporates
for Asia-Pacific, and locally to Stephen Williams, head of global banking for South-east Asia.
Mujahid Anwar Khan appointed new Pakistan Air chief
On 16th March 2018, Pakistan appointed Air Marshal Mujahid Anwar Khan as the new chief of
Pakistan air staff.He replaces Sohail Aman.
Currently, Mujahid Anwar Khan is Deputy Chief of the Air Staff (Support) and Director General, Air
Force Strategic Command at Air Headquarters, Islamabad.
Xi Jinping re-elected as President, Wang as Vice President of China
On 17th March 2018, Xi Jinping was reappointed as president and Wang Qishan as vice
president of China.
i. The National People's Congress has appointed Xi Jinping as China's president and Wang Qishan as
vice president.
ii. The National People's Congress recently removed the two-term limit for Chinese President.
Hence Xi Jinping can serve as President without any term limit.
iii. Wang Qishan who has been made Chinese Vice President, is a well-known economic reformer
and a close ally of Xi Jinping.
Mauritius president Ameenah Gurib-Fakim resigns
Mauritian President Ameenah Gurib-Fakim, Africa's only female head of state and a renowned
biologist, resigned from her post on March 17, 2018.
i.He has resigned in wake of allegations against her for using a credit card provided by an
NGO to buy items worth $26000 not related to her work.
ii. Since 2015, Ameenah Gurib-Fakim had been associated with Planet Earth Institute (PEI), a
London-based NGO, for promoting science, technology and innovation in Africa.
iii. PEI had provided a credit card to Ameenah Gurib-Fakim for covering her travel expenses related
to the work. However, she has been accused of using it to buy jewellery and clothing for personal
use.
Ex-SEBI Chief U K Sinha appointed as Additional Non-Executive Independent Director of
Vedanta
On 13th March 2018, Vedanta Limited said that, it has appointed U.K. Sinha as its additional non-
executive independent director.He is the former Chairman of the Securities and Exchange Board of
India (SEBI).
He is an IAS officer of the Bihar cadre. He was Chairman and Managing Director (CMD) of the Unit
Trust of India Asset Management Company (UTIAMC) also known as UTI Mutual Fund.
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China appoints Yi Gang as Governor of People's Bank of China
Yi Gang, a US-educated economist has been named as next Governor of China's central bank,
the People's Bank of China (PBOC).
i. Yi Gang has been holding the post of deputy governor of PBOC since 2008
ii. Mr. Yi will succeed Zhou Xiaochuan, who has been holding the post since 2002.
Vladimir Putin wins Russian Presidential Election
On 19th March 2018, Russian President Vladimir Putin won the presidential elections and
has been named as Russian President for a 6 year term.
Vladimir Putin's fourth term as president will continue till 2024. He had obtained 76.6% of the
total votes cast in the presidential election.
Ravindra Rao named new CEO of Reliance Asset Reconstruction Company
On March 19, 2018, Reliance Asset Reconstruction Company (RARC) announced the
appointment of Ravindra Rao as its new Chief Executive Officer.
i.He succeeds Asokan Arumugam, who is retiring after being at the helm at RARC since last four
years.
ii. Corporation Bank, Indian Bank, GIC of India, Dacecroft and Blue Ridge are the other
stakeholders in RARC.
Atul M. Gotsurve appointed as the next Ambassador of India to the Democratic People’s
Republic of Korea
On 19th March 2018, Atul M. Gotsurve was appointed the next Ambassador of India to the
Democratic People’s Republic of Korea.
i. Atul M. Gotsurve is an Indian Foreign Service (IFS) Officer of 2004 batch. At present, he is
Director in the Ministry of External Affairs.
ii .He has been named the next Ambassador of India to the Democratic People’s Republic
of Korea. He will take up this assignment soon.
About Ministry of External Affairs:
♦ External Affairs Minister - Smt. Sushma Swaraj
♦ Ministers of State for External Affairs - Vijay Kumar Singh, M. J. Akbar
Fullerton India Home finance appoints Rakesh Makkar as CEO
Rakesh Makkar has been appointed as Chief Executive Officer (CEO) of Fullerton India Home
finance.
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i. Rakesh Makkar has been holding senior management position in Fullerton India Home Finance
since past few years and has been instrumental in driving its robust growth.
ii. In his new role, Makkar will be responsible for building the brand, scaling up business volumes
and driving the corporate strategy for the firm.
iii. FIHFC is also known as Grihashakti.
Li Keqiang re-elected as Prime Minister of China for second term
On 18th March 2018, Li Keqiang was re-elected as Chinese Prime Minister for a second five-
year term.
i. Li Keqiang became Prime Minister of China first in 2013. He has been re-elected as Prime
Minister by the members of National People’s Congress (NPC). Xu Qiliang and Zhang Youxia were
elected as vice chairmen of Central Military Commission (CMC).
ii. Yang Xiaodu was named the chief of new anti-graft body, the National Supervisory
Commission.
About Central Military Commission (CMC):
♦ Purpose - takes charge of the overall administration of China's armed forces
♦ Units - 15 functional sections
Sony India announced Sunil Nayyar is appointed as its Managing Director (MD) in place
of Kenichiro Hibi
On 19th March 2018, Sony India announced the appointment of Sunil Nayyar as its
Managing Director (MD).
Sunil Nayyar replaces Kenichiro Hibi as MD of Sony India. Kenichiro Hibi has been made the
President for Sony Brazil.
About Sony:
♦ Founded – 1946
♦ Headquarters - Tokyo, Japan
China’s Foreign Minister Wang Yi promoted as State Councillor
On 19th March 2018, Chinese Foreign Minister Wang Yi was promoted as State Councillor.
i. He will also continue as Foreign Minister of China.
ii. In China, State Councillor is ranked higher than Foreign Minister. Wang Yi replaces Yang Jiechi.
iii. Wang Yi has worked as China’s Vice Foreign Minister, China’s Ambassador to Japan and Director
of the Taiwan Affairs Office. He became Foreign Minister in 2013.
Aamir Khan replaces Ranveer Singh as Vivo India's Brand Ambassador
On 19th March 2018, Vivo announced the appointment of actor Aamir Khan as its brand
ambassador for India.
Aamir Khan replaces actor Ranveer Singh as Vivo India's Brand Ambassador. Ranveer Singh had
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been the brand ambassador for the past two years.
About Vivo:
♦ Founded – 2009
♦ Chief Marketing Officer (CMO) of Vivo India - Kenny Zeng
Ashraf Sehrai replaces Syed Shah Geelani as Tehreek-e-Hurriyat chairman
On 19th March 2018, Mohammad Ashraf Sehrai was appointed the new chairman of
Tehreek-e-Hurriyat.
On 19th March 2018, Syed Ali Geelani resigned as chairman of Tehreek-e-Hurriyat. The decision to
appoint Ashraf Sehrai as chairman of the party was taken in its advisory board meeting.
Katrina Kaif becomes brand ambassador for international non-profit organization
‘Educate Girls’
Bollywood actress Katrina Kaif has been named the brand ambassador of ‘Educate Girls’, an
international non-profit organisation.
Educate Girls involves the families, village leaders, local administration and school authorities in its
efforts towards educating girls.
About Educate Girls:
♦ Founder - Safeena Husain
♦ Head Office - Mumbai
Bihar Governor Satya Pal Malik given additional charge as Governor of Odisha
On 19th March 2018, Bihar Governor Satya Pal Malik was given additional responsibility as
Governor of Odisha.
i. He replaces SC Jamir who completed his five-year term as Governor of Odisha.
ii. He was a Rajya Sabha MP for two terms and was also a Lok Sabha MP. He was a member of
Uttar Pradesh Assembly from 1974 to 1977.
David Wright joins BSE Board as Public Interest Director
BSE (Bombay Stock Exchange) has appointed David Wright as a Public Interest Director
on its board it is effective from 16th March 2018.
He worked with the European Commission for a long time. He also worked as Secretary General of
the International Organisation of Securities Commissions (IOSCO) from 2012 to 2016.
About BSE (Bombay Stock Exchange):
♦ MD & CEO - Ashishkumar Chauhan
♦ Corporate Office – Mumbai.
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Nanda Bahadur Pun re-elected as Nepal’s Vice President
On 19th March 2018, Nanda Bahadur Pun took charge as Nepal's vice president for a second
term.unopposed, as no other party had filed nominations.
i. Nanda Bahadur Pun’s oath of office and secrecy was administered by President Bidya Devi
Bhandari at an official ceremony.
ii. Also, Shasi Kala Dahal of CPN-Maoist Centre was elected vice-chairperson of the national
assembly. She defeated Brinda Devi Ale of Nepali Congress.
Myanmar's first democratically elected President Htin Kyaw retires
On 21st March 2018, Htin Kyaw, Myanmar’s first democratically elected President,
announced his retirement due to ill health.
Myanmar President Office has announced that, the President post which has become vacant will be
filled within 7 working days. He was the first Myanmar president to visit India in 2016.
John R Bolton appointed as National Security Adviser to President Trump
On 22nd March 2018, President Trump named John R. Bolton as his third national security
adviser.He replaces Lt. Gen. H. R. McMaster
He is a former American ambassador to the United Nations. He was undersecretary of state for
arms control during the administration of George W. Bush.
Sherry Rehman becomes first female Senate opposition leader of Pakistan
On 22nd March 2018, Sherry Rehman became the first woman Leader of the Opposition in
the Senate, the upper house of parliament, in Pakistan.
i. Sherry Rehman is 57 years old. She belongs to the Pakistan People’s Party (PPP).
ii. She was Pakistan's Ambassador to the US between 2011 and 2013. In 2015, she was elected to
the Senate.
Martin Vizcarra Sworn in as President of Peru
On 23rd March 2018, Martin Vizcarra was sworn in as the new President of Peru.He replaces Pedro
Pablo Kuczynski. Pedro Pablo Kuczynski resigned on 21st March 2018 due to a corruption scandal.
Martin Vizcarra had served as vice president and Peru's ambassador to Canada.
BJP bags 9 out of 10 seats in UP, SP wins one in Rajya Sabha polls
BJP has won nine out of the 10 Rajya Sabha seats in Uttar Pradesh in the Rajya Sabha
elections held on 23rd March 2018.
BJP candidates who won the election are: Union Finance Minister Arun Jaitley, Ashok Bajpai, Vijay
Pal Singh Tomar, Sakal Deep Rajbhar, Kanta Kardam, Anil Jain, Harnath Singh Yadav and G V L
Narasimha Rao and Anil Kumar Agarwal.
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Balesh Sharma named CEO of Vodafone-Idea India merged entity
Vodafone Group and Aditya Birla Group have named Balesh Sharma as the chief executive officer
(CEO) of the Vodafone-Idea India merged entity.
i. Earlier, Balesh Sharma was the chief operating officer (COO) of Vodafone India. He joined
Vodafone in 2003. he was the business head of Gujarat Circle and the CEO of Vodafone Malta. He
served as the CEO of Vodafone Czech Republic.
ii. He is a director on the Vodafone India Board and a member of its executive committee.
About Idea:
♦ Managing Director - Mr. Himanshu Kapania
♦ Corporate Office - Mumbai
JS Rajput nominated India's Representative to UNESCO's Executive Board
J S Rajput has been nominated by the Ministry of Human Resource Development as
India’s representative to the Executive Board (EXB) of UNESCO (United Nations
Educational, Scientific and Cultural Organization (UNESCO).
i. J S Rajput is a former director of National Council of Educational Research and Training (NCERT).
He received the Padma Shri award in 2014. He was presented the Maharishi Ved Vyas award by the
Madhya Pradesh government.
ii. He edited a book named ‘Education of Muslims in India’. It was released by Prime Minister
Narendra Modi in 2015.
Vijay Raghavan appointed as principal scientific advisor to Government
On 26th March 2018, K Vijay Raghavan was appointed as Principal Scientific Advisor to the
Government of India.
i. K Vijay Raghavan replaces R Chidambaram. He is 64 years old. He has been appointed as
Principal Scientific Advisor to the Government of India for a term of 3 years.
ii. K Vijay Raghavan is a former director of National Centre for Biological Sciences. He served as
Secretary of Department of Biotechnology from 2013 until last month.
SC appoints Justice Jawad Rahim as acting chairperson of NGT
On 27th March 2018, Justice Jawad Rahim was appointed as the acting chairperson of
National Green Tribunal (NGT) by the Supreme Court.
i. Justice Jawad Rahim is a judicial member of National Green Tribunal (NGT). He will perform his
duties as acting chairperson of NGT until a regular appointment is made.
Pradosh Kumar Rath to be new chairman cum managing director of RINL
Pradosh Kumar Rath has been shortlisted as the new chairman cum managing director (CMD) of
RINL (Rashtriya Ispat Nigam Ltd).
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i. At present, Pradosh Kumar Rath, is Director (Operations) at RINL. Public Enterprises Selection
Board (PESB) selects candidates for top positions at public sector units.
ii. Pradosh Kumar Rath’s appointment is subject to clearance by the Central Vigilance Commission
and the Appointments Committee of the Cabinet.If his appointment gets clearance,he will get a 3
year tenure at RINL as CMD. RINL's current CMD P Madhusudan will retire on 31st May 2018.
About RINL (Rashtriya Ispat Nigam Ltd):
♦ Headquarters – Visakhapatnam
♦ Operates - Vizag Steel Plant
Indu Bhushan appointed CEO of Ayushman Bharat National Health Protection Mission
On 27th March 2018, Indu Bhushan was appointed the Chief Executive Officer (CEO) of the
Ayushman Bharat National Health Protection Mission.
i. Indu Bhushan is the Director General of East Asia Department, Asian Development Bank (ADB) in
Manila, Philippines. He has been appointed as CEO of Ayushman Bharat National Health Protection
Mission for 2 years.
ii. Earlier, he was Director General of the Strategy and Policy Department in ADB. He joined ADB in
1997.
Rahul Dravid appointed state election icon for Karnataka Assembly polls
Karnataka Chief Electoral Officer Sanjiv Kumar announced that, cricketer Rahul Dravid will be
the state election icon for Karnataka Assembly polls.
i.He said that, disabled government employees will be appointed as polling staff in selected polling
stations for the first time.
ii. The Karnataka Legislative Assembly comprises 224 members. Votes will be counted on 15th May
2018.
About Election Commission of India:
♦ Chief Election Commissioner - Om Prakash Rawat
♦ Election Commissioners - Sunil Arora, Ashok Lavasa
Win Myint elected as President of Myanmar
On 28th March 2018, Win Myint was elected as President of Myanmar by Myanmar's parliament.
i.He as President of Myanmar Myint is former speaker of Myanmar’s House of Representatives. He
is a member of National League for Democracy.
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ii. He was made a vice-president of Myanmar last week. On 28th March 2018, the Myanmar
Parliament voted for the three vice-presidents to elect one of them to the post of President.
Lt Gen Harpal Singh takes Charge as Director General Border Roads
On 28th March 2018, Lt Gen Harpal Singh was appointed as Director General Border Roads (DGBR).
i. In 1982, Lt Gen Harpal Singh was commissioned into the Corps of Engineers. Later, he
commanded a Border Roads Task Force in Jammu & Kashmir valley.
ii. He has worked as Chief Engineer of Project Dantak (Border Roads Organisation) at Bhutan, Chief
Engineer (Navy), Mumbai and Chief Engineer HQ Eastern Command.
iii. He has served as Directing Staff at the College of Defence Management, Secunderabad.
iv. Before taking charge as Director General Border Roads (DGBR) he was Director General Military
Training at Integrated Headquarters of Ministry of Defence (Army).
About Border Roads Organisation (BRO):
♦ Motto - Creates, Connects and Cares...
♦ Purpose - develops and maintains road networks in India's border areas and friendly neighbouring
countries
Shekhar Kapur appointed Chairman of central panel of 65th National Film Awards
Director Shekhar Kapur has been appointed as the chairman of the central panel of the 65th
National Film Awards.
i. The central panel of 65th National Film Awards consists of a chairperson and 10 other members
which includes five regional chairpersons.
ii. Regional Chairpersons:
• Film writer Imtiaz Hussain - regional chairperson of South I panel
• Lyricist Mehboob - regional chairperson of South II panel
• Actress Gautami Tadimalla - regional chairperson of North panel
• Director Rahul Rawail - regional chairperson of Western panel
• Director P Sheshadri - regional chairperson of Eastern panel
iii.Other members:
• Aniruddha Roy Chowdhury
• Tripurari Sharma
• Rumi Jaffery
• Ranjit Das
• Rajesh Mapuskar
Abiye Ahmed elected as Prime Minister of Ethiopia
On 27th March 2018, Abiye Ahmed was elected as the new prime minister of Ethiopia following the
resignation of Hailemariam Desalegn last month.
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This automatically made Abiye Ahmed as the prime minister of Ethiopia. He is 41 years old.
American Rosemary DiCarlo Becomes First Female UN Political Chief
On 29th March 2018, Rosemary DiCarlo was named UN Political Chief, becoming the first
female UN Political Chief.
i. Rosemary DiCarlo replaces Jeffrey Feltman. Rosemary DiCarlo is a former deputy US ambassador
to the United Nations.
ii. She was also deputy assistant secretary of state for European and Eurasian affairs and director
for United Nations affairs at the national security council in Washington.
iii. She has been the president of the National Committee on American Foreign Policy since 2015.
Her areas of expertise are Russia, former Soviet Union and the Middle East. She speaks Russian
and French.
Abdel Fattah al-Sisi re-elected as Egyptian President
On March 29, 2018, incumbent Egyptian President Abdel Fattah al-Sisi got re-elected for a second
term.
i. Abdel Fattah al-Sisi garnered 92 per cent votes, while his only challenger and al Ghad party
chief Moussa Mostafa Moussa secured just three per cent of vote share.
ii. Sisi was elected for a four-year presidential term in 2014 after he overthrew Islamist
president Mohammed Morsi in 2013.
Andhra Pradesh appoints shuttler Kidambi Srikanth as Deputy Collector
On 29th March 2018, Andhra Pradesh government appointed shuttler Kidambi Srikanth as a Deputy
Collector.
i. Andhra Pradesh Chief Minister N Chandrababu Naidu gave the appointment letter to
Kidambi Srikanth in the presence of former All-England champion and badminton coach Pullela
Gopichand, in Amravati.
ii. Kidambi Srikanth has received the Padma Shri award. He became the second youngest
sportsperson in India after PV Sindhu to bag the Padma Shri award.
R Dinesh elected CII Chairman of Southern Region
R Dinesh, Joint Managing Director of T V Sundram Iyengar and Sons, has been elected
Chairman of Confederation of Indian Industry (CII), Southern Region for the 2018-19
period.Before this appointment, he was Vice-Chairman of CII Southern Region.
Sanjay Jayavarthanavelu, Chairman and Managing Director of Lakshmi Machine Works
Ltd. that is based in Coimbatore, was elected Deputy Chairman of CII Southern Region
for 2018-19.
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NBCC chief Anoop Kumar Mittal gets one-year extension
On 29th March 2018, Anoop Kumar Mittal was given one year extension as the chairman
and MD (CMD) of NBCC with effect from 1st April 2018.
i. Anoop Kumar Mittal assumed charge as the CMD of the National Building Construction
Corporation (NBCC) in 2013 for a period of five years.
ii. The Appointments Committee of the Cabinet has approved the extension of Anoop Kumar
Mittal’s tenure.
iii. His named was involved in an FIR filed by CBI in Rs 2,100 crore Pragati Maidan redevelopment
project.
iv. On 12th March 2018, Anoop Kumar Mittal was given additional charge of Director (Finance) of
NBCC along with the CMD post.
Chandra Bhushan Kumar appointed as Deputy Election Commissioner
On 30th March 2018, Chandra Bhushan Kumar was appointed as Deputy Election
Commissioner as part of a major bureaucratic reshuffle by the government.He is an IAS officer of
1995 batch of union territories cadre. He has been appointed as Deputy Election Commissioner for
a term of 5 years.
Other appointments:
1.S K Shahi & Krishna Bahadur Singh - joint secretaries in Home Ministry
2.Vineet Joshi - Director General of National Testing Agency under the Department of Higher
Education
3.Anurag Agarwal - Joint Secretary in the Ministry of Corporate Affairs
4.Ritvik Ranjanam Pandey - Joint Secretary in the Department of Revenue
5.Ravi Kota – Joint Secretary in the Fifteenth Finance Commission
6.B Kishore - Joint Secretary in Department of Agriculture, Cooperation and Farmers Welfare
7.E Ramesh Kumar -Joint Secretary in the Animal Husbandry Department
8.Samir Kumar & Nitishwar Kumar - joint secretaries in Ministry of Drinking Water and Sanitation
9.Girish C Hosur - Joint Secretary in the Department of Higher Education
10.Mukul Ratra - Deputy Director General in the Department of Telecommunications
ACQUISITIONS & MERGERS Allahabad Bank gets nod to merge ABFL
On March 21, 2018, Allahabad Bank stated that it has received approval from Union Ministry of
Corporate Affairs for amalgamation of its fully-owned subsidiary All Bank Finance Ltd.
(ABFL) with itself.
i. All Bank Finance offers fee-based services like debenture trusteeship, distribution of
mutual fund schemes, investment advisory and portfolio management and security
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valuation.
ii. For financial year 2016-17, ABFL’s total income stood at Rs 13.30 crore, while the net profit was
Rs 6.76 crore.
Reliance Jio acquires Saavn, creates $1-billion music entity
On 23rd March 2018, Reliance Industries (RIL) announced the merger of its digital music
service JioMusic with Saavn, a streaming service provider.
i. The combined entity is valued at more than $1 billion. JioMusic’s valuation amounts to $670
million.
ii. RIL said that, it will invest up to the rupee equivalent of $100 million in the combined entity. Out
of this, rupee equivalent of $20 million will be invested for growth and expansion of the platform.
Google Acquires GIF Search Platform Tenor
Google has acquired Tenor, a GIF search engine for Android, iOS and desktop.
i. Cathy Edwards, Director of Engineering, Google Images, said that, Tenor would introduce GIFs in
Google Images and services like Gboard easily. It will help users to find and share GIF images
easily.
ii. Tenor said that, its founders David McIntosh, Erick Hachenburg and Frank Nawabi will continue
to lead the company.
SCIENCE & TECHNOLOGY Moon to get first mobile phone network.
i. On 27th February 2018, Vodafone Germany, Nokia and Audi said that, they were jointly
working to support this project.
ii.Nokia is its technology partner. Nokia would develop a space-grade network.
iii. PTScientists, a Berlin-based company, is also working on this project. A launch has been
scheduled in 2019 from Cape Canaveral on a SpaceX Falcon 9 rocket.
iv. It has been decided to build a 4G network, as work on the advanced 5G network is still in
testing and trial stage.
About Vodafone:
♦ Chairman - Gerard Kleisterlee
♦ CEO - Vittorio Colao
India successfully test-fires ATGM Nag in desert conditions
On 28th February 2018, India successfully test-fired Anti-Tank Guided Missiles (ATGM) Nag
in desert conditions, at Pokhran's field firing range in Jaisalmer, Rajasthan.
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i. The ATGM Nag was developed by Defence Research and Development Organisation
(DRDO). It was tested against two tank targets at different ranges and timings.
ii. Director General (Missiles and Strategic Systems) G Satheesh Reddy said that, the
technologies of ATGM responsible for engaging targets in different conditions have been verified
with the successful tests.
iii. The developmental trials of ATGM Nag are over and now it is ready for induction. ATGM NAG
possesses advanced technologies like the Imaging infrared (IIR) Seeker with integrated avionics.
Telangana launches "T App Folio" app for all government services
On 28th February 2018, Telangana government launched “T App Folio”, a mobile governance
application, for delivery of government to citizen (G2C) and business to citizen (B2C)
services anytime and anywhere.
i. Telangana IT Minister K T Rama Rao said that, Telangana has become the second state in
India to launch a mobile governance application in place for provision of G2C services.
ii. T App Folio provides more than 150 services & Informational services like MeeSeva centers,
Ration shops, Hy-Fi hotspots are also available in the first phase of T App Folio.
iii.It has been launched in Telugu and English languages.
Huawei unveils world's first 5G commercial chip
On 25th February 2018, Huawei launched Huawei Balong 5G01,which is said to be world’s first
3GPP 5G commercial chipset having peak rate of 2.3 GBPS (gigabit per second).
i. Huawei is collaborating with 30 operators all over the world to deploy products based on Huawei
Balong 5G01. Vodafone is also collaborating with Huawei for this.
About Huawei:
♦ CEO - Ren Zhengfei
♦ Headquarters - Shenzhen, China.
NASA launches advanced weather satellite for western U.S.
On March 1, 2018, NASA launched GOES stands for Geostationary Operational Environmental
Satellites,another of world’s most advanced weather satellites..
i. GOES-S has been launched to safeguard Western US, by monitoring, forecasting and providing
crisp images of hurricanes, wildfires, floods, mudslides and other natural calamities.
ii. GOES-16, the first spacecraft in the series, has been monitoring the Atlantic and US East Coast
for the past year for the National Oceanic and Atmospheric Administration (NOAA) of US.It will not
only keep a watch over West Coast of US, Alaska and Hawaii, but also over Mexico and Central
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America.
Astronomers detect for first time light from very first stars of universe
For the first time, a team of astronomers from Arizona State University have discovered
signals from the period when the universe's earliest stars emerged which is referred to as ‘Cosmic
Dawn’.
i. The team was led by astronomer Judd Bowman and also included an Indian graduate
student Nivedita Mahesh.
ii. If the signals discovered from ‘Cosmic Dawn’ are confirmed, it could provide insights into the
elusive ‘dark matter’, which is believed to form a fundamental part of our universe.
iii. A radio telescope called Experiment to Detect the Global Epoch of Reionization Signature
(EDGES), based at the Murchison Radio-astronomy Observatory in the middle of Western
Australian desert was used in this research.
Threat of new malware "Saposhi" looms over cyberspace
A new malware named Saposhi has been detected, which can take over electronic devices
and make them as ‘bots’ that can be exploited for any purpose.
i. Saposhi has been detected recently by cyber security agencies. It is being monitored and studied
currently & It can create a Distributed Denial Of Service attack.
ii. So far, the Computer Emergency Response Team (CERT) has not released any alert about
Saposhi. It has been said that, alerts and guidelines about protecting devices from Saposhi will be
launched soon.
Nitin Gadkari launches Sukhad Yatra App and Toll-free Emergency number for Highway
users
On 7th March 2018, Union Minister for Road Transport & Highways, Shipping, Water Resources,
River Development and Ganga Rejuvenation Nitin Gadkari, launched ‘Sukhad Yatra’ mobile App and
Toll-free Emergency number-1033 for highway users.
i. The Sukhad Yatra app will provide information on toll rates to highway users as they
approach the toll plaza.
ii. It also provides real-time data on waiting time expected at Plazas and other facilities on the
highway to the users. FASTag can also be bought by users using this app.
iii. The toll-free number - 1033 will allow users to report any emergency condition on the
highway or highway-related feedback.
Researchers develop thermoelectric compound "Silver copper telluride (AgCuTe)"
A team of researchers from Jawaharlal Nehru Centre for Advanced Scientific Research (JNCASR) of
Bengaluru, have developed silver copper telluride (AgCuTe), a thermoelectric compound that can
convert waste heat into electricity.
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i It shows poor thermal conductivity in the 25-425 degree C range but has good electrical
conductivity.
ii. The research team was headed by Dr Kanishka Biswas. Results of this study was published in
the journal Angewandte Chemie.
Scientists Created A New Exotic State Of Matter “Rydberg polarons”
An international team of scientists have provided the first proof of an exotic new state of
matter, known as Rydberg polarons. Scientists have described how a new state of matter can be
created, by essentially putting atoms inside other atoms.
i. Published in the journal Physical Review Letters, the work comes from the Vienna University of
Technology (TU Wien) in Austria, Harvard University in Massachusetts, and Rice University in
Texas.
ii. “Rydberg polarons” involves making use of the space between the electron and the nucleus
inside an atom.
iii. The goal was to hit it in precisely the right way to boost one or more of its electrons into an
orbital far from the nucleus, creating an excited state called a Rydberg atom.
Odisha forest department launches app to fight forest fires
The Odisha forest department has launched an app to track and fight forest fires during
summer, recently.
i. This app was launched on 3rd March 2018. Also, a Whatsapp group named 'Forest Fire
Alert' has been formed for sharing information on tracking, preventing and fighting forest fires
between forest officials and local people who help the forest officials.
ii. The Forest Survey of India (FSI) monitors the forests and when there is a fire, information is
send to state forest department.
CCRAS Developed a AYUSH Drug QOL-2C for Cancer Patients
Central Council for Research in Ayurvedic Sciences (CCRAS) has undertaken development
of a coded drug AYUSH QOL-2C for enhancing the quality of life of cancer patients.
Clinical studies on breast cancer patients was done at St. John’s Medical College, Bengaluru and
AIIMS, New Delhi. Studies on lung cancer patients was performed at Bhagwan Mahaveer Cancer
Hospital and Research Centre, Jaipur.
About Central Council for Research in Ayurvedic Sciences (CCRAS):
♦ Director General - Prof. Vd. K. S. Dhiman
♦ Functions under - Ministry of AYUSH
India’s first cloned Assamese buffalo born
Central Institute for Research on Buffaloes (CIRB) said that, a cloned Assamese buffalo
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clone calf named Sach-Gaurav was born on 22nd December 2017 through a normal delivery.
The calf was born to a Murrah buffalo.The birth weight of the calf was 54.2 kg.
Railways introduces innovative analytical approach to locomotive scheduling to enhance
productivity
Indian Railways has launched an innovative analytical approach to enhance the deployment of
electric and diesel locomotives run passenger trains.
i. A software dependent mathematical decision support system will be utilised to improve
the productivity of locomotives.
ii. This system has been developed by Ministry of Railways along with experts. It is
implemented all over India.
iii .In Budget 2018-19 a project to implement this process of locomotive link optimization using
decision support system software in Indian Railways has been sanctioned. It will be implemented
by Centre for Railway Information Systems (CRIS).
Odisha to have integrated multi-hazard early warning system
In a bid to strengthen the prediction and response capability of the Odisha State Disaster
Management Authority (OSDMA), Odisha State Government has decided to collaborate
with ‘Regional Integrated Multi-hazard Early Warning System’ (RIMES).
i. A meeting was held between Odisha Chief Secretary Aditya Prasad Padhi, OSDMA managing
director Bishnupada Sethi and officials of RIMES to discuss technical and methodological aspects of
the system.
ii. RIMES is owned and managed by 45 collaborating countries in the Asia Pacific and
Africa Region. Currently, India holds the Chair of Rimes.
iii. Analysis of huge data generated from automatic weather stations installed at gram panchayat
level, early warning and preparedness for lightening, heat wave, flood, draught and tsunami have
been identified as major areas of collaboration between OSDMA and RIMES.
Quick Facts about RIMES:
♦ Established in – 2009
♦ Organisation type – an intergovernmental body registered under the United Nations
♦ Objective – to provide user-relevant early warning services to its Member States and others
Uttar Pradesh Chief Minister Yogi Adityanath launched an anti-graft portal
On March 19, 2018, Bharatya Janata Party (BJP) Government in Uttar Pradesh under Chief
Minister Yogi Adityanath completed one yearin office and on this occasion, UP CM Yogi
Adityanath launched an anti-graft portal.
i. The portal is aimed at taking action against any official who is involved in corruption or is
encouraging it at any level.
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ii. Action will be taken based on a video or any other evidence uploaded through the
portal & a multi-colour booklet titled ‘Ek Saal – Nayee Misaal’ with the punchline ‘Huaa
Vikaas – Badha Vishwaas’ was unveiled
China to build 'world's fastest' wind tunnel
China has announced that, it is constructing the world's fastest wind tunnel.
i. It is said that, it would be the world's fastest hypersonic wind tunnel. It would be used to
help in the development of spacecraft.
ii. A Chinese researcher has said that, the 265 meter-long tunnel would be used to test hypersonic
aircraft that can travel up to a speed of 30,625 kph. This speed is 25 times the speed of sound
BrahMos supersonic cruise missile successfully test-fired from Pokhran in Rajasthan
On 22nd March 2018, India successfully test fired the BrahMos supersonic cruise missile with
an indigenous 'seeker' at Rajasthan's Pokhran test range, enhancing the country's capability to
hit enemy targets at a range of up to 400 km.
It was for the first time that the missile, capable of travelling at speeds of up to Mach 3.0, or
three times the speed of sound, was tested with indigenously developed 'seeker' technology. The
seeker - developed by Research Centre Imarat (RCI), Hyderabad, in collaboration with other DRDO
labs, - determines the accuracy of a missile by guiding it to the target
It was developed in a joint-venture between India and Russia.
This missile has been named after the rivers Brahmaputra of India and Moskva of Russia.
IRCTC introduces billing through Point of Sale (POS) hand held machines in trains
IRCTC has introduced billing through Point of Sale (POS) hand held machines in trains.
i. POS machines have already been introduced in train no. 12627-28, SBC-NDLS Karnataka Express
on pilot basis.
ii.2 POS machines will be provided for each rake of the train. Later, the number of POS machines
will be increased according to the usage by passengers.
iii. IRCTC also deploys its officials on these trains to monitor the catering services. These Officials
will be provided with Tablets (Tab) to obtain passenger feedback.
iv. The service providers managing the onboard services are trained at IRCTC’s Central Kitchen at
Noida for usage of the POS machine.
DAE develops "Fluorimeter" device to measure uranium traces in water
Raja Ramanna Centre for Advanced Technology (RRCAT)is a unit of DAE based in Indore has
developed “Fluorimeter”, an instrument that measures traces of uranium in water.
i. Cost of the fluorimeter is Rs 1 lakh. It will detect traces of uranium in water.
ii. It will be highly useful in regions like Punjab where uranium traces have been detected in water
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at dangerous levels.
iii. DAE has transferred its technology to another one of its unit, Electronics Corporation of India
Ltd (ECIL), for mass production of Fluorimeter,.
iv. Fluorimeter can examine traces of uranium in a sample of water from 0.1 PPB (Parts-per-billion)
unit to 100 PPB.
NASA, SpaceX collaborate "TESS" to search for exoplanets
NASA and SpaceX have tied up to search for exoplanets using NASA’s Transiting
Exoplanet Survey Satellite (TESS).
i. It has been planned to launch Transiting Exoplanet Survey Satellite (TESS) on a SpaceX Falcon 9
rocket from Cape Canaveral Air Force Station in Florida on 16th April 2018.
ii. TESS will stay between the moon and the Earth for a minimum of two years. It will scan for alien
entities.
iii. TESS will survey 200,000 of the brightest stars near the sun to search for exoplanets. It will find
exoplanets that periodically block a part of the light from their host stars. These events are called
transits.
NASA to launch GRACE-FO mission to observe Earth's frozen regions
On March 27, 2018, US space agency, National Aeronautics and Space Administration
(NASA) announced that during 2018, it will launch two new satellite missions to enhance the view
of Earth's frozen regions.
i.First Gravity Recovery and Climate Experiment Follow-On (GRACE-FO) mission (as a
continuation of the original GRACE mission) which will track fluctuations in Earth's gravity field in
order to detect changes in mass, including the mass of ice sheets and aquifers.
ii. Thereafter, Ice, Cloud, and Land Elevation Satellite-2 (ICESat-2) will be launched to
measure the changing elevation of ice around the world. ICESat-2 will use a highly advanced laser
instrument.
iii. These missions are significant as it will offer insights into changes in Cryosphere (portions of
Earth's surface where water is in solid form viz. sea ice, glaciers, ice caps etc.) which are
impacting lives of people all around the world.
AIFF launches scouting App to unearth talent
On 27th March 2018, All India Football Federation (AIFF) launched “Scout-Me”, a mobile
based scouting application to discover future players.
i. AIFF has become the first National Sports Federation to launch a mobile based scouting
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application to discover future players. Scout-Me app will make the scouting process easy.
ii. Scout-Me app has been developed by Kush Pandey. Kush Pandey is 17 years old. He is a
football enthusiast.
Employees' Provident Fund Organisation launches New portal for pensioners
On 28th March 2018, Employees' Provident Fund Organisation (EPFO) launched a new
portal which enables EPFO pensioners to obtain pension-related information.
i. This portal will help users to obtain details like pension payment order number, payment order
details, passbook information and other related information.
iii. The enhanced "Track eKYC" facility for the convenience of members has also been introduced to
verify status of Aadhaar seeded against their Universal Account Number (UAN).
iv. The facility can be accessed at Employees' Provident Fund Organisation (EPFO)’s
website: www.epfindia.gov.in.
ISRO's GSLV rocket injects GSAT-6A communication satellite into orbit
On March 29, 2018, Indian Space Research Organisation (ISRO) successfully launched India’s
latest communication satellite GSAT-6A on board Geosynchronous rocket GSLV-F08 from
Satish Dhawan Space Centre at Sriharikota in Andhra Pradesh.
About GSLV-F08:
GSLV-F08 (GSLV Mk-II), fitted with indigenously developed cryogenic third stage, injected GSAT-
6A into orbit about 18 minutes after liftoff.
• The major change was High-thrust Vikas engine, which enhanced the performance
capacity of the second stage by around six per cent as compared to previous version.
• Other major change was electromechanical actuation system (made with ISRO
developed space grade lithium-ion (Li-Ion) cells) in place of electro-hydraulic
actuation system.
About GSAT-6A:
ISRO said that the GSAT-6A was similar to the GSAT-6 put into orbit in 2015.
• It is a high power S-band communication satellite built on I-2K satellite bus.
• GSAT-6A weighs 2140 kg and has mission life of 10 years.
• It will provide mobile communication to India through, multi-beam coverage
facility.
K2-229b: Hot, metallic Earth-sized planet discovered
Scientists have discovered a hot, metallic, Earth-sized planet named “K2-229b” that
orbits a dwarf star located 260 million light years away.
i. K2-229b is nearly 20 % larger in size than Earth and has a mass which is nearly two-and-a-half
times greater. Its day side temperature is more than 2000 degrees Celsius.
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ii. It is located very close to its host star 0.012 AU. This distance is nearly a hundredth of the
distance between the Earth and the Sun.
iii. 0.012 AU is a medium-sized active K dwarf in the Virgo Constellation. K2-229b orbits the star
every 14 hours.
iv. Researchers from Aix-Marseille Universite in France and the University of Warwick in the UK
utilized the K2 telescope and used Doppler spectroscopy technique to discover K2-229b.
v. Doppler spectroscopy technique is also known as the 'wobble method'. K2-229b is said to bear
similarities with Mercury. Hence, scientists hope that this will be useful in studying about Mercury
also.
NASA to send first mission to study 'heart' of Mars in May
On May 5, 2018, US Space agency, National Aeronautics and Space Administration (NASA) will
send ‘InSight’, the first-ever mission dedicated to exploring the deep interior of Mars.
i. InSight is a stationary robotic lander and stands for Interior Exploration using Seismic
Investigations, Geodesy and Heat Transport.
ii. InSight will be NASA’s first mission since the Apollo moon landings to place a seismometer (a
device that measures quakes), on the surface of another planet.
China launches another pair of BeiDou-3 navigation satellites into space
On 29th March 2018, China successfully launched a Long March 3B rocket carrying two
Beidou-3MEO satellites: Beidou-30 and Beidou-31 from the LC2 Launch Complex of the
Xichang Satellite Launch Center, Sichuan province, China.
i. The Long March 3B rocket flew with a Yuanzheng-1 (YZ-1) upper stage attached. This ignited its
YF-50D engine after launch. It will burn out for nearly four hours, and the two BeIDou-3 satellites
will be released into MEO.
ii. The BeiDou-3 M5 and M6 satellites are based on dedicated satellite bus. Their weight is nearly
one metric ton a piece.
iii. BeiDou means plough or the Big Dipper constellation in Chinese. The Beidou (BDS) project was
started in 1994.
iv. BeiDou-3 M5 and M6 satellites are the third phase of the BDS system (BeiDou-3). It is the final
stage for setting up of a Chinese space-based navigation architecture.
v. BeiDou would provide navigation and positioning services to countries under the “Belt and Road
Initiative” by 2018. Yang Changfeng is the chief designer of the BeiDou system.
Scientists identify new organ in Human Body
Scientists have identified a new organ in human beings which has been dubbed the ‘interstitium’.
Interstitium is a network of interconnected, fluid-filled compartments that can be found beneath the
surface of the skin and is also present in tissue layers lining the gut, lungs, blood vessels, and
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muscles.Based on the initial observation, researchers believe that Interstitium may even be
one of the largest organ in the human body.
DEFENCE
DAC approves procurement of weapons costing over Rs. 9000 crore
On February 28, 2018, Defence Acquisition Council (DAC), chaired by Union Defence
Minister Nirmala Sitharaman gave approval to Capital Acquisition Proposals of the Services and
Coast Guard valued at approximately Rs. 9435 crore which includes procurement of 41000 Light
Machine Guns and over 3.5 Lakh Close Quarter Battle Carbines.
75 percent of the above mentioned quantities will be procured through Indian Industry under ‘Buy
& Make (Indian)’ category and balance 25 percent through Ordinance Factory Board.
Bharti Defence Delivers C 162 Interceptor Boat to Coast Guard
On March 1, 2018, Bharati Defence and Infrastructure Ltd (BDIL) delivered an interceptor
boat, C-162 – to Indian Coast Guard (ICG) in Mangaluru, Karnataka.
It is the Sixth in a series of 15 high speed interceptor boats being procured by Indian
Coast Guard.It is 28m-long and has an aluminium hull. It weighs about 60 dead-weight tonnage
(DWT) and can attain speeds up to 35 knots.The vessel is propelled by two engines of 1650 KW
each and can accommodate 11 crew.
Indian Navy sailboat INSV Tarini arrives in Cape Town, South Africa
On 2nd March 2018, the all-women Indian crew circumnavigating the globe on the Indian
Navy Sailing Vessel (INSV) Tarini arrived at a port in Cape Town in South Africa.
This expedition by the all-women Indian crew is named Navika Sagar Parikrama. It has reached
Cape Town in South Africa during the last phase of its voyage.Captain of the vessel is
Lieutenant Commander Vartika Joshi.
Indian Navy concludes gruelling two-month long war games "ENCORE"
On February 28, 2018, Indian Navy concluded a gruelling two-month long War Games.
The War Games were conducted on both, the Western Seaboard of India which is codenamed
Exercise Paschim Lehar as well as the Eastern Seaboard,code name was ENCORE extending
from the Northern Arabian sea off the coast of Gujarat to the Southern Indian ocean off the Sunda
Straits near Indonesia
India-US team test-fires M777 ultra-light howitzers in Pokhran
On March 5, 2018, officials from India and the United States were at the Pokhran firing range
(Rajasthan) to test-fire M777 ultra-light howitzers.
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In May 2017, Indian Army took delivery of two M777 ultralight howitzers from BAE
Systems, US under a contract signed between Indian and US Government in 2016. It has a
modular design; due to which it can be easily towed through narrow and treacherous
mountain roads prevalent along India-China border and India-Pakistan Border in Jammu
& Kashmir
First ever multi-nation naval exercise at sea begins in Andaman
‘MILAN 2018’, a multinational naval exercise hosted by Indian Navy began on March 6, 2018 at
Port Blair, Andaman and Nicobar Islands. Objective behind MILAN 2018 is to expand
regional cooperation and combat unlawful activities in critical sea lanes in Indian Ocean
region.Theme of ‘MILAN 2018’ is 'Friendship Across the Seas'.
Total 28 warships including 17 from India and 11 from Australia, Bangladesh, Indonesia, Malaysia,
Myanmar, Singapore, Sri Lanka and Thailand are participating in MILAN 2018
Israel, US organised "Juniper Cobra" exercise to counter missile threats
Israeli and American troops train together through "Juniper Cobra" exercise in Israel.It is aimed
to train for very complex scenarios like simultaneous attacks from enemy countries and militant
groups. Israel faces potential threat from Lebanese militant group Hezbollah and Iranian
forces.Juniper Cobra comprises field training, computer simulations and live-fire drills of
sophisticated missile-defence systems.
First ever ‘crime-free zone’ along India, Bangladesh international border
On March 9, 2018, Director Generals of India’ Border Security Force (BSF) and Border Guard
Bangladesh (BGB) declared an 8.3 km stretch of the Indo-Bangladesh border as a 'crime-free
zone' that covers the Gunarmath and Kalyani Border Out Posts (BOPs) in India and the
Puthkhali and Daulatpur BOPs in Bangladesh.
Russia test-fires 'ideal' hypersonic missile
On 11th March 2018, Russia announced that, it successfully launched a hypersonic missile.
i. The high-precision Kinzhal (Dagger) missile was launched from a MiG-31 supersonic
interceptor jet from an airfield in the South Military District in southwest Russia.
ii. Russian President Vladimir Putin said that, the speed of the missile is 10 times the speed of
sound. He said that, it can overcome air-defence systems.
iii. Russian Deputy Prime Minister Dmitry Rogozin said that, the MiG-31 supersonic jet that will
carry the missile has also been modernized.
Multilateral HADR Air Force exercise "Samvedna" begins off Kerala Coast
Multilateral Humanitarian Assistance and Disaster Relief (HADR) Air Force exercise,
‘Samvedna’ began off the coast of Kerala on March 12, 2018.
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i. In Hindi, Samvedna means 'Empathy'. ’Samvedna’ is being conducted by Indian Air
Force (IAF) in association with South Asian Region nations.
ii Representatives from air forces of Sri Lanka, Bangladesh, Nepal and the United Arab
Emirates (UAE) are participating in this exercise.
Coast Guard commissions interceptor boat C-437 at Porbandar
On March 17, 2018, Indian Coast Guard commissioned C-437, an interceptor boat at Porbandar.
The boat is 27.80 metres long, has displacement of 106 tonnes and can attain a maximum speed of
45 knots.C-437 will not only strengthen the security umbrella of the West coast but will
also help augment patrolling to prevent illicit activities such as smuggling, infiltration and
illegal fishing.
Indo-French joint naval exercise Varuna 2018 began on March 19, 2018 in Goa
On 19th March 2018, Phase I of Varuna 18, an Indo-French Naval Exercise, began in
Mormugao Port Trust (MPT) in Goa.
i. The phase I of Varuna 18 will be conducted till 24th March 2018. Second and third phases will
be conducted in April 2018 and May 2018 in Chennai and La Reunion Island respectively.
ii. Varuna 18 will be conducted in 3 sea areas: the Arabian Sea, the Bay of Bengal and South
Western Indian Ocean.
iii. First phase of Varuna 18 will be conducted in the Arabian Sea. French Submarine and
frigate Jean de Vienne and Indian Naval Ship (INS) Destroyer Mumbai, frigate Trikand
with internal helicopters participate in phase I of Varuna 18.
iv. INS Kalavari, P8-I and Dornier Maritiem Patrol Aircraft and Mig 29-K fighter aircraft also take
part in this exercise.
About Varuna:
♦ Type - bilateral maritime exercises between Indian and French navies
♦ Started – 2001
Military drill "Gulf Shield 1" begins in Saudi Arabia
Gulf Shield 1 Joint drills, organised by Saudi Arabia's Defence Ministry, started in the eastern
region of Saudi Arabia from March 18, 2018.
i. Military forces of Saudi Arabia and 23 other countries are participating in this month-long drill.
ii. Objective of this drill is to enhance coordination and cooperation, modernise joint
mechanisms and raise military readiness of participating countries.
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BrahMos supersonic cruise missile successfully test-fired from Pokhran in Rajasthan
On 22nd March 2018, India successfully test fired the BrahMos supersonic cruise missile with
an indigenous 'seeker' at Rajasthan's Pokhran test range, enhancing the country's capability to
hit enemy targets at a range of up to 400 km.
It was for the first time that the missile, capable of travelling at speeds of up to Mach 3.0, or
three times the speed of sound, was tested with indigenously developed 'seeker' technology. The
seeker - developed by Research Centre Imarat (RCI), Hyderabad, in collaboration with other DRDO
labs, - determines the accuracy of a missile by guiding it to the target
It was developed in a joint-venture between India and Russia.
This missile has been named after the rivers Brahmaputra of India and Moskva of Russia.
Navy warship INS Ganga decommissioned in Mumbai
INS Ganga, an indigenously built frigate of the Indian Navy, was decommissioned in Mumbai on
March 22, 2018.Commissioned on December 30, 1985, INS Ganga is a Godavari-class
guided-missile frigate of the Indian Navy.
Vice Admiral A K Bhal, who served on INS Ganga as crew member from 1989 to 1991 was the Chief
Guest for the ceremony, while Vice Admiral (Retd.) K K Kohli, the first Commanding Officer of INS
Ganga was the special Guest of Honour.
Three Minesweepers Decommissioned By Indian Navy
Three Minesweeper ships of Indian Navy, INS Konkan, INS Cannanore and INS Cuddalore,
were decommissioned in a ceremony at Naval Dockyard, Visakhapatnam on March 23, 2018.
i. INS Cannanore was commissioned on December 17, 1987, INS Cuddalore was commissioned on
October 29, 1987 and INS Konkan was commissioned on October 8, 1988.
ii. Chief of Staff, Eastern Naval Command, Vice Admiral M S Pawar was the Chief Guest on
the occasion and three retired commissioning Commanding Officers of these minesweepers were
the guests of honour.
Centre clears plans for IAF base close to Pakistan border in Gujarat
On March 21, 2018, Cabinet Committee on Security (CCS) headed by Prime Minister
Narendra Modi approved Indian Air Force (IAF) plan to set up a forward fighter base close
to Deesa in Banaskantha district of Gujarat.
i. CCS has sanctioned Rs. 1000 crore for setting up this base, which would include extending
the runway and building necessary administrative facilities.
ii. Once operational, this strategic base will plug the critical air defence gap between the
Barmer (in Rajasthan) and Bhuj air bases and will thereby enhance IAF’s ability to respond
swiftly in case of any hostilities in India’s western skies.
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Sri Lanka Navy receives second India-built patrol vessel
On March 22, 2018, India has handed over a second advanced offshore patrol vessel
(AOPV) to the Sri Lankan Navy.
i. Construction work of this AOPV commenced in 2014 at the Goa Shipyard.
ii. The vessel was officially handed over to the Chief of Staff of the Sri Lanka Navy Rear Admiral
Neil Rosayro in presence of Sri Lankan High Commissioner in India, Chithrangani Vagiswara and
Chairman and Managing Director of the Goa Shipyard Ltd. Rear Admiral (Rtd) Sheker Mithal.
Sri Lanka Navy sinks ship used by LTTE
On March 26, 2018, Sri Lankan Navy sunk a ship used by the Liberation Tigers of Tamil Eelam
(LTTE) in the western seas.
The LTTE vessel, A522 named 'We Ling" was taken by Sri Lankan Navy following the conclusion
of the conflict and since then it had been anchored near the Colombo harbor under the Navy's
custody.The sunk ship will become home to a number of aquatic animals and corals. Sri Lankan
Government is also considering plans to make the location a diving/tourist destination.
U.S- India hold naval training
On March 25, 2018, Indian Navy’s Talwar class frigate INS Tarkash carried out a greeting and
training exercise with the U.S. Navy’s Theodore Roosevelt Carrier Strike Group (TRCSG).
i. As a part of this exercise, INS Tarkash sailed in formation with aircraft carrier USS Theodore
Roosevelt and the guided-missile destroyers USS Preble, USS Halsey and USS Sampson.
Russia tests new nuclear ICBM Sarmat
On March 30, 2018, Russia successfully tested its latest intercontinental ballistic missile
(ICBM) Sarmat.
i. It will replace the Soviet-era Voyevoda, which is known as "Satan" in the West which is
the world's heaviest ICBM.
ii. ICBM Sarmat weighs 200 metric tons and has a greater range than ‘Satan’.
iii. ICBM Sarmat not only carries an array of warheads capable of dodging missile defences, but
also carries a bigger number of nuclear warheads, thus making it more powerful than ‘Satan’.
Pakistan successfully test fires Submarine Launched Cruise Missile BABUR
On March 29, 2018, Pakistan successfully test fired indigenously developed Submarine
Launched Cruise Missile (SLCM) BABUR. SLCM BABUR has a strike range of 450 KMs and is
capable of delivering various types of payloads.
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ENVIRONMENT New species of butterfly "Eucyclodes gavissima" discovered
A new species of Himalayan moth named “Eucyclodes gavissima” has been discovered in
Papikonda National Park, Andhra Pradesh.
The workshop was conducted by Wildlife Management of Forest Department, East Godavari River
Estuarine Ecosystem (EGREE) Foundation along with Butterfly Research Centre, Bhimtal,
Uttarakhand.
New species of water strider ‘Ptilomera nagalanda Jehamalar and Chandra’ found in
Nagaland
A new species of water strider named ‘Ptilomera nagalanda Jehamalar and Chandra’ has been
discovered in Nagaland by scientists of Zoological Survey of India (ZSI).
i. Ptilomera nagalanda Jehamalar and Chandra was discovered in Intanki river, Peren district.
ii.Ventral part of its body is pale yellowish brown in colour. It has orange with black stripes on the
dorsal side. Its legs are 11.79 mm long.
iii. This discovery has been published in the Zootaxa science journal. This discovery has
increased the number of species of water striders under the subgenus Ptilomera in India to six.
World’s last surviving Rhino ‘Sudan’ dies in Kenya
On 20th March 2018, Sudan, the last surviving northern white male rhinoceros of the world,
died after suffering age related ailments at the Ol Pejeta Conservancy in Laikipia national
park, Kenya.
Genetic material from Sudan was collected when he was healthy. The Ol Pejeta Conservancy has
said that, through advanced cellular technologies, the sub-species might be prevented from
extinction.
SPORTS Russia's Olympic membership restored by International Olympic Committee
i. Russia has got back its Olympic membership, following its suspension from 2018 Pyeongchang
Olympics.Russia was banned by IOC due to state-sponsored doping during the Winter Olympics
2014 in Sochi.Except two participants from Russia, remaining 168 Russians participated in the 2018
Pyeongchang Olympics as neutral participants. They participated as Olympic Athletes from Russia
(OAR). It was the third largest team and bagged 17 medals.
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Japan unveils Tokyo 2020 Olympics superhero mascots
On 28th February 2018, the Tokyo Organising Committee of the Olympic and Paralympic Games,
launched the superhero mascots for the 2020 Tokyo Olympics, at the Kakezuka school in Tokyo.
i.The Olympic mascot has a futuristic blue and white chequered pattern.It is said to have a
special power that enables it to move anywhere instantly.The Paralympic mascot has a pink and
white design inspired by cherry blossoms. It is said to have special power to move things just by
looking at them.
Para-Swimmer Prasanta Karmakar suspended for three years
On 1st March 2018, para-swimmer Prasanta Karmakar was suspended for 3 years by
the Paralympic Committee of India (PCI) due to allegations of recording videos of female
para-swimmers at the National Championships 2017 in Jaipur.
i. Prasanta Karmakar was the first Indian para-swimmer to participate and win a medal at the
2003 World Swimming Championships in Argentina. He had won bronze medal at the 2010
Commonwealth Games. He was India’s swimming coach for the 2016 Rio Paralympics
Vinesh Phogat settles for silver at Asian Wrestling Championships
On 1st March 2018, Vinesh Phogat won silver medal in in the women’s 50kg freestyle
event, at the Asian Wrestling Championships in Bishkek, Kyrgyzstan.
i. India’s Vinesh Phogat was defeated 2-3 by China's Chun Lei in the finals of women's 50kg
freestyle event. She won silver medal in the women’s 50kg freestyle event.
ii. India’s Sangeeta defeated Korea’s Jieun Um in the women's 59kg freestyle event and won
a bronze medal.
iii. India’s Harpreet Singh defeated Uzbekistan's Khashimbekov 11-3 and won a bronze medal
in the 82kg Greco-Roman event.
iv. India’s Rajendra Kumar defeated Uzbekistan's Mirakhmedov and won bronze medal in the
55kg Greco-Roman event.
India won Snooker Team World Cup
On March 2, 2018, India won the inaugural IBSF Snooker Team World Cup in Doha, Qatar.
India beat Pakistan by 3-2 in the best-of-five final. In the finals, Indian duo of Pankaj
Advani and Manan Chandra staged a remarkable recovery after being 0-2 down. In the semi
finals, India won against Iran by while Pakistan had beaten Hong Kong
Shubhankar Sharma tied 2nd at WGC-Mexico Championship
21 years old Indian golfer Shubhankar Sharma secured tied second position after the
opening round of the World Golf Championships-Mexico Championship at Mexico City.It is
the first WGC tournament for him.
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Navjot Kaur clinches India's first gold in Asian Wrestling Championships
On 2nd March 2018, Navjot Kaur became the first Indian woman wrestler to win gold in the
Senior Asian Championships in the 65kg freestyle category in Bishkek, Kyrgyzstan.
i. India’s Navjot Kaur defeated Japan's Miya Imai 9-1
ii. India’s Sakshi Malik defeated Kazakhstan's Ayaulym Kassymova 10-7 and won bronze
medal in the 62kg freestyle category.
Maharashtra women's team wins interstate national tennis championship 2018 in
Chhattisgarh
On 3rd March 2018, the Maharashtra women's team won the interstate national tennis
championship 2018 held in Chhattisgarh which was organised by the Chhattisgarh State
Tennis Association (CSTA) under the guidance of All India Tennis Association (AITA)
Maharashtra’s Mihika Yadav defeated Delhi’s Rishika Sunkara 6-2,7-6,(3) in the finals.
Afghanistan’s Rashid Khan becomes youngest International Cricket Captain
i. Rashid Khan is 19 years old. He took charge as captain for Afghanistan team as the previous
captain Asghar Stanikzai was down with appendicitis.
ii. Afghanistan is now playing against Scotland in first of the ICC Cricket World Cup Qualifiers in
Bulawayo, Zimbabwe.
ISFF World Cup: Indian shooter Shahzar Rizvi clinches gold; Jitu Rai and Mehuli Ghosh
bag bronze
On 3rd March 2018,India’s Shahzar Rizvi shot 242.3 making a world record in the finals of the
men’s 10m air pistol and defeated Germany’s Christian Reitz (239.7) & won gold.
i. India’s Jitu Rai scored 219 in the men’s 10m air pistol event and won bronze medal.
ii. Mehuli Ghosh shot a world junior record 228.4 and won bronze medal in the women’s
10m air rifle event.
Viswanathan Anand wins Rapid event at the 11th Tal Memorial Chess
On 4th March 2018, Viswanathan Anand won the rapid event at the 11th Tal Memorial
chess in Moscow, Russia.
i. Viswanathan Anand completed the rapid event with 6 points and emerged as the
winner. Shakhriyar Mamedyarov finished second with 5 points.
ii.It was a 10-player event. It was played as a single round-robin competition. Players should make
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all of their moves in 25 minutes.
Young 16 year old Manu Bhaker clinched gold, Ravi Kumar bagged bronze in ISSF World
Cup
India’s Manu Bhaker has won gold medal in the women’s 10m air pistol and Ravi Kumar
has won bronze medal in the men’s 10m air pistol in the ISSF World Cup in Guadalajara,
Mexico.
Alejandra Zavala finished at the second position with 237.1 and France’s Celine Goberville came
third with 217.0 in the women’s 10m air pistol.
India finish with three gold, two bronze in Asian Archery Cup
Indian junior archers bagged three gold and three bronze medals to finish their Asia Cup
Archery Stage 1 campaign.
i.Promila Daimary defeated Natalia Erdynieva of Russia 7-3 to win a gold in the women's recurve
individual where India also bagged bronze through Madhu Vedwan.
ii. Indian trio of Akash, Gora Ho and Gaurav Lambe defeated Mongolia's Adiyasuren
Baasankhuu, Otgonbold Baatarkhuyag and Gantugs Jantsan 27-26 in the tie-breaker to clinch the
third gold in the recurve category.
iii. India had bagged a gold in the women's compound individual section by Muskan Kirar. Muskan
also ended up pocketing a second medal in the form of bronze .
2017-18 I-League: Minerva Punjab FC crowned champions
Minerva Punjab FC beat Churchill Brothers FC 1-0 to win their maiden I-League title on
Thursday at the Tau Devi Lal Stadium in Panchkula.
Minerva Punjab become the first side from Punjab to win the league in 21 years.
India B lifts Deodhar Trophy 2017-18
On 8th March 2018, India B team won the Deodhar Trophy 2017-18 at the Himachal
Pradesh Cricket Association Stadium in Dharamsala, Himachal Pradesh.
i. India B team defeated Karnataka team by six wickets in the final and won the Deodhar
Trophy 2017-18.
ii. Man of the Match: Ravikumar Samarth. Ravikumar Samarth of Karnataka team scored 107
runs and received the Man of the Match honour.
Australia beat England to lift Sultan Azlan Shah Cup 2018 in Malaysia
On 10th March 2018, Australia won the Sultan Azlan Shah Cup 2018 title, in Malaysia.
i. Australia defeated England 2-1.England finished in the second position.
ii. Argentina defeated Malaysia 3-2 and secured third place. Malaysia completed in the fourth
position.
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iii. India defeated Ireland 4-1 and finished in the fifth position.
India top medal tally at ISSF Shooting World Cup 2018, Mexico
International Shooting Sport Federation (ISSF) World Cup was held in Guadalajara, Mexico
from 1st to 12th March, 2018.
India topped the medal tally at ISSF Shooting World Cup by winning four gold, one silver and
three bronze.
Shooter Category Medal
Shahzar Rizvi 10m Air Pistol Men’s Event Gold
Manu Bhaker 10m Air Pistol Women’s Event Gold
Akhil Sheoran Men's 50m Rifle 3 Position Gold
Om Prakash Mitharval & Manu Bhaker
10m Air Pistol Mixed Team Title Gold
Anjum Moudgil Women’s 50m Rifle 3 Positions Silver
Jitu Rai 10m Air Pistol Men’s Event Bronze
Ravi Kumar Men’s 10m Air Rifle Event Bronze
Mehuli Ghosh & Deepak Kumar 10m Air Rifle Mixed Team Event Bronze
Bishworjit Singh, Samira Abraham clinch gold medals at National Triathlon Championship
On 11th March 2018, Bishworjit Singh and Samira Abraham won gold medals in the men's and
women's categories of the senior National triathlon championship held in Visakhapatnam,
Andhra Pradesh.
Category Name Medal Men’s Bishworjit Singh Services Sports Control Board
(SSCB) Gold
KSH Minachandra(SSCB) Silver L Mahesh(Manipur) Bronze
Women’s Samira Abraham(Goa) Gold Pragna Mohan(Gujarat) Silver Monika Nagpure(Gujarat) Bronze
Asian Champ Navjot Kaur climbs to No 2 in United World Wrestling rankings
Navjot Kaur has become world No 2 in the women's 65kg category in the latest rankings
released by the United World Wrestling held in Bishkek, Kyrgyzstan.
i.The first position in 65kg category is occupied by Petra Olli of Finland. However, Navjot
Kaur and Petra Olli both have 18 points.
Women’s 50kg category:
i. India’s, Vinesh Phogat has secured second rank in the 50kg category with 22
points. The first place in this category is bagged by Lei Chun of China with 24 points.
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Other Indian women on the ranking:
i. India’s Sangeeta Phogat has secured 5th rank in the 59kg category with 18 points.
ii. India’s Sakshi Malik has bagged 4th rank in the 62kg category with 18 points.
Men's freestyle section:
i. India’s Sharvan has ranked 8th in the 61kg and Bajrang Punia has ranked 4th with 22 points in the
65kg category.
Men’s Greco-Roman category:
i. India’s Rajender Kumar has ranked number 4 in the 55kg category, Vikram Kurade has
ranked number 8 in the 63kg category.
ii. India’s Manish has ranked 8th in the 67kg category, Kuldeep Malik has ranked number 5 in the
72kg category, Harpreet Singh has ranked number 4 in the 82kg category and Naveen has ranked
8th in the 130kg category.
Odisha to host Senior National Table Tennis Championships after 12 years
Odisha will host the Senior National Table Tennis Championships after 12 long years.
i. The 80th Senior National Table Tennis Championships is expected to be held in Cuttack, Odisha.
ii. It was decided to make Odisha the host of 80th Senior National Table Tennis Championships at
the 81st AGM (Annual General Meeting) of the Table Tennis Federation of India (TTFI), conducted
recently in Gurugram.
Anindith named 'FMSCI National MotorSports Person of the Year 2017’
On 11th March 2018, Anindith Reddy was presented the 'FMSCI National MotorSports
Person of the Year 2017’ award at a function held in Chennai.
i. KD Madan, a former FMSCI president and K1000 champion, was presented the FMSCI Lifetime
Achievement Award.
Germany’s Tommy Haas retires from professional tennis
Tommy Haas of Germany, the Indian Wells Tournament Director, has announced his retirement
from professional tennis.He became world number two in May 2002.
i. He bagged silver medal in the Olympic Games in 2000. He has achieved 569 career wins. He was
made Tournament Director at Indian Wells in 2016.
Nepal gains one-day international status for the first time
On 15th March 2018, Nepal cricket team gained One-Day International (ODI) status for the
first time. After it won over Papua New Guinea by six wickets in the World Cup Qualifiers in
Zimbabwe on 15thMarch 2018.
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Sanjivani Jadhav wins bronze in 14th Asian Cross Country Championship
On 15th March 2018, India's Sanjivani Jadhav won bronze medal in women's 8km cross
country race in the 14th Asian Cross Country Championship at Guiyang in China.
i. Indian women's team comprising Sanjivani, Swati Gadhave, Jhuma Khatun and Lalita
Babar also bagged a bronze medal.
FIFA lifts three-decade ban on Iraq hosting international matches
On 16th March 2018, FIFA lifted its three-decade ban on Iraq hosting international football
matches, allowing Arbil, Basra and Karbala cities to host official matches.Iraq will host a
friendly tournament between Qatar and Syria on 21st March 2018 in Basra.
i. FIFA said that, still it cannot allow matches to be held in Baghdad, capital of Iraq. But Gianni
Infantino assured that application for hosting matches in Baghdad will be studied.
KL Rahul named Wisden India Almanack's Cricketer of the Year
KL Rahul has been named the 'Cricketer of the Year' in the 6th edition of Wisden India Almanack
that has been released recently.
i. The Almanack honured India's women cricketers..
ii. Deepti Sharma, Indian woman cricketer, is one of the 'Cricketers of the Year'. Another Indian
woman cricketer Shantha Rangaswamy has been inducted into the Wisden India Hall of Fame.
iii. Priyank Panchal, Hasan Ali and Tamim Iqbal have also been named Cricketers of the Year.
Chennaiyin FC beat Bengaluru FC to lift Hero Indian Super League (ISL) 2017-18 title
On 17th March 2018, Chennaiyin FC won the Hero Indian Super League (ISL) 2017-18
title at the Sree Kanteerava Stadium in Bengaluru, Karnataka.
i. Mailson Alves scored 2 goals and Raphael Augusto scored 1 goal for Chennaiyin FC team. Sunil
Chhetri and Miku scored one goal each for Bengaluru FC team.
Deepa Malik becomes Asian Rank 1 in Javelin F-53 Category
India’s Deepa Malik has secured number 1 rank in Asia in F53 Javelin category She
bagged gold medal in the F53/54 Javelin event at the World Para Athletics Grand Prix in Dubai.
She has qualified for the Asian Para Games 2018 that will be held in Jakarta, Indonesia from 8th to
16th October 2018. She has received Arjuna award in 2012 and Padma Shri award in 2017.
Kevin Pietersen announces retirement from all forms of Cricket
On 17th March 2018, former England batsman Kevin Pietersen announced his retirement
from all forms of Cricket.
i. His international cricket career ended in 2014 when he was sacked by the England and Wales
Cricket Board (ECB).He played for Delhi Daredevils and Royal Challengers Bangalore teams in the
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Indian Premier League.
India clinches Nidahas Trophy 2018
On 18th March 2018, India won the Nidahas Trophy at the R Premadasa Stadium, in
Colombo, Sri Lanka.India beat Bangladesh in the finals by four wickets. Dinesh Karthik
was named Man of the Match.
Indian Wells 2018 - Complete List of Winners
On 5th to 18th March 2018, the Indian Wells Masters was held in Indian Wells, California,
United States.
i. The Indian Wells 2018 is also known as the 2018 BNP Paribas Open. The complete list of winners
is given below:
Category Winner Runner-up Men's Singles Juan Martin Del Potro (Argentina) Roger Federer
(Switzerland) Women's Singles Naomi Osaka (Japan) Daria Kasatkina (Russia) Men's Doubles John Isner (United States)
Jack Sock (United States) Bob Bryan (United States) Mike Bryan (United States)
Women's Doubles Hsieh Su-wei (Chinese Taipei) Barbora Strycova (Czech Republic)
Ekaterina Makarova (Russia) Elena Vesnina (Russia)
About BNP Paribas:
♦ CEO & Director - Jean-Laurent Bonnafé
♦ Chairman - Jean Lemierre
Team USA concludes Paralympic Winter Games Pyeong Chang 2018 with most successful
performance in 16 years
On 18th March 2018, the Paralympic Winter Games Pyeong Chang 2018 in South Korea,
concluded with Team USA having its most successful performancein 16 years.
i. Team USA consisted of 74 athletes. It grabbed a total of 36 medals and topped the overall
medal count.
ii. This is Team USA’s highest medal count since 2002 when it won 43 medals.
iii. It also topped the gold medal count for the first time since 1992. It topped the overall gold
medal count and also the gold medals won on each day of the Games.
iv. Oksana Masters became the female U.S. athlete to have won the highest number of medals in
PyeongChang Olympics with five medals. Among men, Dan Cnossen won six medals and topped the
count.
v.The U.S. Nordic skiing team won 16 medals. Kendall Gretsch bagged the first-ever biathlon
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Olympic or Paralympic gold medal for a U.S. athlete.
vi.The U.S. Paralympic Snowboarding Team won 13 medals. 18 military veterans on Team USA
won a total of 9 medals.
About Paralympic Winter Games PyeongChang 2018:
♦ Host city - Pyeongchang, South Korea
♦ Dates – 9 – 18 March 2018
India's Elavenil Valarivan wins gold in ISSF Junior World Cup
On 22nd March 2018, Indian shooter Elavenil Valarivan won gold medal in the junior women's 10m
air rifle event at the International Shooting Sport Federation (ISSF) Junior World Cup
Rifle/Pistol/Shotgun in Sydney, Australia.
i. Also, Elavenil Valarivan along with Shreya Agrawal and Zeena Khitta won the team gold
medal.
ii. Elavenil Valarivan shot 249.8 in the finals. Her 631.4 in the qualification set a new
world record.
iii. Arjun Babuta won bronze medal in men's 10m air rifle event. India's Shreya Agrawal and
Zeena Khitta finished in sixth and seventh positions respectively.
Rohtak set to host first World Series of Boxing clash
The National Boxing Academy in Rohtak, Haryana, is to host the World Series of Boxing
(WSB) clash between Indian Tigers and the Astana Arlans from Kazakhastan on
31st March 2018.
i. The World Series of Boxing clash is held in India for the first time. The Indian team's campaign is
led by Sanjeet (+91 kg). He will fight with Abikhair Turlanbekov in a clash of titans.
ii. The Astana Arlans are the World Series of Boxing (WSB) reigning champions. In the opening two
clashes, the Indian Tigers lost 1-4. They faced their first defeat against Astana Arlans and then
against the Patriot Boxing Team in Russia.
PV Sindhu to be India's flag-bearer at CWG opening ceremony
PV Sindhu has been chosen by IOA (Indian Olympic Association) as Indian contingent’s
flag-bearer at the opening ceremony of the Commonwealth Games (CWG) 2018 at Gold
Coast, Australia.
i. She won bronze medal in the women’s singles badminton event at the Glasgow Commonwealth
Games in 2014.
Sebastian Vettel wins F1 season’s first Grand Prix in Australia
On 25th March 2018, Ferrari's Sebastian Vettel won the 2018 Formula One Grand Prix of Australia,
in at the Albert Park circuit in Melbourne, Australia.
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i. Sebastian Vettel finished the race in the first position and won the 2018 Formula One Grand Prix
of Australia. Lewis Hamilton finished in the second position.
ii. Kimi Raikkonen finished in the third position. This is Sebastian Vettel’s 48th career victory.
Pankaj Advani retains his Asian Billiards Championships title
On 24th March 2018, Pankaj Advani retained his Asian Billiards Championships title by
winning over B Bhaskar 6-1 in the finals, in Yangon, Myanmar.
i. This victory makes Pankaj Advani the reigning Indian, Asian and world champion in billiards for
2017-18.This is his 11th gold medal at the Asian level. So far, he has won 7 continental billiards
titles.
ii. India's Amee Kamani bagged the Asian Women's Snooker title by defeating Thailand’s Siripaporn
Nuanthakhamjan 3-0.
India U-16 football team wins Jockey Cup International Youth Invitational Football
Tournament
On 25th March 2018, India U-16 football team won the Jockey Cup International Youth
Invitational Football Tournament in Hong Kong.
i. India U-16 team defeated Hong Kong 4-2 in the final and won the Jockey Cup International
Youth Invitational Football Tournament.
ii. Bekey Oram scored 2 goals and Rohit Danu and Lalrokima scored one goal each for the Indian
team.
Anish Bhanwala Wins India's 3rd Individual Gold in ISSF Junior World Cup
On 26th March 2018, Anish Bhanwala won gold medal in the men’s 25m Rapid Fire Pistol
Junior event at the ISSF Junior World Cup Rifle / Pistol / Shotgun in Sydney, Australia.
i. China’s Cheng Zhipeng scored 27 hits and won silver medal. China’s Zhang Jueming scored 23
hits and won bronze medal in the men’s 25m Rapid Fire Pistol Junior event.
ii. China won the team gold medal and created a new Junior World Record with 1733 points. India’s
Anish Bhanwala, Anhad Jawanda and Adarsh Singh won silver medal.
iii. Another Indian team comprising Sandhu, Japtyesh Singh Jaspal and Mandeep Singh won bronze
medal.
Hockey Punjab wins 8th Hockey India Senior Men National Championship 2018 (A
Division)
On 25th March 2018, Hockey Punjab won the 8th Hockey India Senior Men National Championship
2018 (A Division) at the Padma Shri Mohammad Shahid Synthetic Hockey Stadium in Lucknow,
Uttar Pradesh.Hockey Punjab defeated Petroleum Sports Promotion Board 2-1 in the
finals and won the
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8th Hockey India Senior Men National Championship 2018 (A Division).
Steve Smith, David Warner hit with 12-month ban
On 28th March 2018, Steve Smith and David Warner were banned from playing for
Australia by Cricket Australia after the ball-tampering scandal during the Cape Town Test
against South Africa.
i.It was found out that sandpaper was used in an attempt to rough up the ball. Opener Cameron
Bancroft has been given a nine-month ban for executing the plan in the third South Africa
Test.
ii Steve Smith has been banned from captaining the Australian national team for two years. It is
said that, David Warner, former vice-captain, will never be considered for any leadership position in
the future.
17th Sub-junior National Wushu Championship begins in Jammu
On 29th March 2018, 17th Sub-junior National Wushu Championship started in Jammu.
i.17th Sub-junior National Wushu Championship is conducted for 4 days. It is organised by the
the Wushu Association of India jointly with J&K State Sports Council at MA Stadium.
ii The championship was inaugurated by J&K Youth Services and Sports Minister Imran
Raza Ansari at a ceremony at Police auditorium, Jammu.
Muskan Bhanwala wins women’s 25m pistol event bagging India’s fourth individual gold
at ISSF Junior World Cup
i. Women’s 25m Pistol event: Muskan Bhanwala is 16 years old. She scored 35 hits and won
gold medal in the Women’s 25m Pistol event. This is India’s fourth individual gold medal at the
ISSF Junior World Cup.
ii. China's Sihang Qin scored 34 hits and bagged the silver medal. Thailand’s Kanyakorn
Hirunphoem scored 26 hits and won bronze medal. Another Indian shooter Manu Bhaker finished in
the fourth position with 18 hits.
iii. Team Gold: The team gold was won by India’s Manu Bhaker, Muskan Bhanwala and Devanshi
Rana.
iv. Team Silver: Team Silver was won by India’s Arunima Gaur, Mahima Turhi Agrawal and Tanu
Rawal.
v. Team Bronze: Team bronze was won by Thailand’s Kanyakorn Hirunphoem, Viramon Kidarn
and Luxciga Srinitivoravong.
Darren Lehmann announces his resignation as Australia’s cricket coach
On 29th March 2018, Darren Lehmann announced that he has resigned as head coach of Australian
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senior national cricket team.He said that he will step down from his position after the fourth and
final Test match in South Africa.
Zimbabwe Cricket sacks skipper Graeme Cremer, all coaching staff
On 30th March 2018, Zimbabwe Cricket sacked its entire coaching staff and removed Graeme
Cremer as captain after their failure to qualify for the 2019 World Cup.
i. It is said that, Brendan Taylor would be made the captain of Zimbabwe team. Zimbabwe
Cricket had given time for the head coach and his technical staff to resign or else it said that, they
would be considered dismissed at the end of the stipulated time.
ii. Head coach Heath Streak, batting coach Lance Klusener, bowling coach Douglas Hondo, fielding
coach Walter Chawaguta, fitness coach Sean Bell and team analyst Stanley Chioza , all other
coaching staff, Zimbabwe A coach Wayne James and Under-19 coach Stephen Mangongo, all have
been fired.
About Zimbabwe Cricket:
♦ MD - Faisal Hasnain
♦ Purpose – administers the Zimbabwe cricket team
Jammu and Kashmir Cricket Association (JKCA) appoints Irfan Pathan as coach-cum-
mentor
On 30th March 2018, Jammu and Kashmir Cricket Association (JKCA) appointed Irfan
Pathan as the coach-cum-mentor of its senior stateside for the 2018-19 season. JKCA CEO
Aashiq Bukhari said that, Irfan Pathan will be the coach-cum-mentor of their team for one year.
OBITUARY
Noted Odia Bhajan Singer Arabinda Muduli passes away
On 1st March 2018, Arabinda Muduli, Odia Bhajan singer, died following a cardiac arrest in
Bhubaneswar.He was a musician, singer and lyricist. He sang devotional songs. His popular
bhajans are Kala Saante Acha Kemante and Jaga Pain Niti Mali Phula
Tripura Fisheries Minister Khagendra Jamatia passes away
On 2nd March 2018, Khagendra Jamatia, Tripura Fisheries and Cooperation minister, passed
away after being diagnosed with blood cancer recently, at a hospital in New Delhi.
i. Khagendra Jamatia was 64 years old. He was CPM candidate from the Krishnapur constituency in
the assembly election held on 18th February 2018.
ii. He joined CPM in 1983. He served as a party MLA for six continuous terms. He was also a
minister for two terms.
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Former HUL Chairman T Thomas passes away
On 2nd March 2018, 90 years old T Thomas, former Hindustan Unilever (HUL) from 1973 to
1980 and Business Standard chairman, passed away at the Breach Candy Hospital in
Mumbai..ii. He was also a visiting scholar at Sloan School, Massachusetts Institute of Technology,
USA. He was also non-executive chairman of companies like Glaxo and Lafarge.
About Hindustan Unilever (HUL):
♦ CEO & MD - Mr Sanjiv Mehta
♦ Chairman - Mr Harish Manwani
Literateur Prafulla Das passes away
On 3rd March 2018, literateur Prafulla Das died at his home at Rajkanika in Kendrapara
district, Odisha.
i. Prafulla Das was 91 years old. He was honoured with the Sarala Award in 2014.
ii. He had written numerous books on India's freedom struggle and the role of Odisha in it.
iii. His important works are 'Kalapanira Angisikha', 'Agnujugar Aahwan', 'Bharatara Sasastra Mukti
Sangram', 'Sahid Basu Bisnini', 'Kanika Prajaandolan Itihas', 'Netaji Aao feri Nahanti', 'Fashi
Manchare Biplabi' etc.
Italian footballer Davide Astori dies aged 31
On 4th March 2018, Davide Astori, an Italian footballer, passed away due to a sudden illness,
is room at the La di Moret hotel in Udine, Italy.
i. Davide Astori was 31 years old. He was captain and defender of the Fiorentina team.
ii. He joined Fiorentina team in 2016. Earlier he had played for Cagliari team.
iii. The game that Fiorentina team was scheduled to play on 4th March 2018 was cancelled due to
Davide Astori’s sudden demise.
Noted Disability rights activist Javed Abidi passes away
On 4th March 2018, Javed Abidi, a disability rights activist, died due to chest infection.
i. Javed Abidi was 53 years old. He was the Director of the National Centre for Promotion of
Employment for Disabled People (NCPEDP).
ii. He also held the position of Global Chair of Disabled People International (DPI).
iii. He was born in Aligarh, Uttar Pradesh. He had worked for the welfare for disabled people. He
had lead protests that urged the passing of the Persons with Disabilities Act in 1992.
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Odia actor Sarat Mohanty passes away
On 3rd March 2018, Sarat Mohanty died following a long term illness, at a hospital in
Odisha.He was 88 years old.
He had also acted in various TV serials. His popular works are: Laxmi, Amadabata, Kaa, Stree, Puja
Phula, Bhulihuena, Malhajanha, etc.
Former Kerala high court judge D Sreedevi passes away
On 5th March 2018, Justice D Sreedevi, former judge of the Kerala high court, died while she
was undergoing treatment for some ailment in Kaloor, Kerala. She was a social activist.
i.From 1997 to 2001 she was high court judge in Kerala. She was appointed the chairperson of the
Kerala Women’s Commission in 2001 and 2007.
ii.She had penned down an autobiography named ‘Aa Niyogathaal’.
Veteran Bollywood actress Shammi passes away at 89
On 6th March 2018, Bollywood actress Shammi died after suffering a long-term illness.
She has acted in more than 200 movies. She has also performed in TV shows. Some of her popular
movies are: ‘Coolie No 1’, ‘Hum’, ‘Gopi Kishan’, ‘Hum Saath-Saath Hain’.
Ex Madhya Pradesh Cricket Association Chairman M K Bhargav Dead
On 6th March 2018, M K Bhargav, former chairman of Madhya Pradesh Cricket Association
(MPCA), passed away due to a long term illness in Indore,Madhya Pradesh.
He had also worked with the umpiring panel of the Board of Cricket Control of India (BCCI).
Veteran broadcaster Shivaji Dasgupta dead
Shivaji Dasgupta, a doyen of Indian broadcasting, breathed his last recently in the city after
prolonged illness.A chartered accountant by profession, Dasgupta retired from Numaligarh Refinery
Ltd as General Manager (Finance).
He became the first Indian commentator to cover a football match. In 2012, East Bengal Club
honoured him with the Lifetime Achievement Award in broadcasting on the occasion of their
Foundation Day on August 1.
Badminton: South Korea's 2012 bronze medallist Chung dies aged 35
South Korean badminton player Chung Jae-sung, who won bronze in the men's doubles at the
London Olympics, has died at the age of 35, the Korea Badminton Association.
Yonhap News quoted local police as saying Chung had been diagnosed with arrhythmia three years
ago and that he had complained of chest pains at times.
Pyarelal Wadali, one of the singers of Sufi set Wadali Brothers, dies in Amritsar
Pyarelal Wadali, who was the younger brother of Puran Chand Wadali of the Wadali Brothers
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The Wadali Brothers comprising Puranchand Wadali and Pyarelal Wadali had carved a distinct
mark for themselves in the genre of Sufi music. According to local reports, Pyarelal Wadali suffered
from a cardiac arrest.
Sir John Sulston, pioneering genome scientist, dies aged 75
UK’s pioneering geneticist Sir John Sulston has died.He was professor and chairman of the
Institute of Science, Ethics and Innovation at the University of Manchester.
i. He was awarded the Nobel Prize for medicine or physiology in 2002, for work aiding the
understanding of how genes control cell division and cell death in organisms.
ii. Sir John founded the Sanger Institute - then called the Sanger Centre - at Hinxton, near
Cambridge.
Senior Congress leader and former Maharashtra minister Patangrao Kadam passes away
Maharashtra senior Congress leader Patangrao Kadam passed away in Lilavati hospital in Mumbai.
i. Patangrao was a powerful leader in Maharashtra politics and was known as a staunch
Congressman. His son Vishwajeet Kadam is a leader of the Youth Congress wing.
ii. He founded the Bharati Vidyapeeth Deemed University, an educational empire and also set up
cooperative ginning mills and sugar mills in western Maharashtra. He was also served as chairman
of the Maharashtra State Road Transport Corporation (MSRTC).
Journalist Ranjan Roy dies at 57
On 10th March 2018, Ranjan Roy, a senior journalist, died after suffering from cancer, in
New Delhi.. He was the chief of Times News Network (TNN). He was also a member of
TNN’s national editorial board.In 1982, he started his career with Press Trust of India (PTI) in
New Delhi as a trainee.
Legendary comedian Ken Dodd passes away
On 11th March 2018, comedian Ken Dodd died after suffering from chest infection, at his
residence in the Liverpool suburb of Knotty Ash, England.He was well known for his very
long stand-up shows.His popular works are "Happiness" and "Tears". He had recently
returned from hospital after receiving treatment for chest infection and had married Anne Jones.
Former Uttar Pradesh minister Begum Hamida Habibullah passes away at 102
On 13th March 2018, Begum Hamida Habibullah, former Uttar Pradesh minister, died due
to a long term illness at her home in Lucknow, Uttar Pradesh. She was a former Rajya Sabha
member.
i. She entered politics and joined the Congress party around 1965. She became an MLA from
Haidergarh.
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ii. She was made the state minister of social and Harijan welfare, national integration and civil
defence from 1971 to 1973. She was tourism minister from 1971 to 1974.
Ch Kamalamma, the veteran Communist leader passes away
On 11th March 2018, Ch Kamalamma, a Communist leader, passed away after suffering
from old age-related ailments, at a private hospital in Telangana.She hailed from Warangal,
in Telangana.
She was also a freedom fighter. She was a part of the post-Independence armed struggle to fight
against the rule Nizams of Hyderabad.
About Communist Party of India (CPI):
♦ Founded – 1925
♦ Headquarters - New Delhi
British scientist Stephen Hawking passes away at 76
On 14th March 2018, renowned British Scientist Stephen Hawking passed away at his
residence in Cambridge, England. He was well known for his work on black holes and relativity.
He had also written several science books such as A Brief History of Time. He was diagnosed with a
rare form of motor neurone disease when he was 22 years old.
Delhi’s first Commissioner of Police Jayendra Nath Chaturvedi passes away
On 12th March 2018, Jayendra Nath Chaturvedi, first Commissioner of Delhi Police and
former Director General of Uttar Pradesh Police, died in Varanasi, Uttar Pradesh.
i. Jayendra Nath Chaturvedi is a 1951 batch officer. He served as Chairman of the Uttar Pradesh
Public Service Commission (UPPSC).
ii. He was the first Commissioner of Police in Delhi during the 1978 to 1980 period.
Actor Narendra Jha passed away
On 14th March 2018, Bollywood actor Narendra Jha died due to a massive heart attack at
his farmhouse in Maharashtra.He was born in Madhubani, Bihar.
Some of his popular works are: Haider, Kaabil, Mohenjo Daro, Ghayal Once Again, Raees, etc.
Lebanese author, feminist Emily Nasrallah dies at age 87
On 13th March 2018, Lebanese author and feminist Emily Nasrallah, passed away after
battling cancer, in Beirut, Lebanon. She started her career as a journalist. She published her first
book “Birds of September” in 1962.
Malayalam writer M Sukumaran passes away
On 16th March 2018, M Sukumaran, a renowned Malayalam writer, died after suffering from
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heart related ailments, at the Sri Chitra Tirunal Institute for Medical Sciences in
Thiruvananthapuram, Kerala. He had received the Kendra Sahitiya Akademi and Keral Sahitiya
awards.
His popular short stories are: Sangaganam, Unarthupattu, Pithrutharpan and Sheshakriya.
Veteran Hindi poet Kedarnath Singh passes away
On 19th March 2018, Kedarnath Singh, a popular Hindi poet passed away, after being ill for some
time, in New Delhi.
i.He is a former professor and chairperson at the Department of Hindi Language at the Centre for
Indian Languages at Jawaharlal Nehru University.
ii. He had received the Jnanapeeth award in 2013. In 1989 he received the Sahitya Akademi
award.
Senior Journalist Sunil Sharma passes away
On 20th March 2018, Sunil Sharma, a senior journalist, died due to heart attack in Shimla,
Himachal Pradesh.He is survived by his wife and daughter. He was working as the bureau chief of
'Divya Himachal', a Hindi newspaper.
Social activist C R Chandradath passes away
On 20th March 2018, C R Chandradath, a social activist, passed away at a private hospital in
Kochi, Kerala. He was the director of Centre of Science and Technology for Rural Development
(COSTFORD) in Thrissur.
Journalist, Pulitzer Prize winner Les Payne dies
On 19th March 2018, journalist and Pulitzer Prize winner Les Payne passed away at his
residence in Harlem, United States. In 1969, he joined Newsday newspaper as a journalist.
i.He was on the team of reporters who won Pulitzer Prize for public service in 1974. He worked as a
teacher at the Columbia University Graduate School of Journalism.
ii. He was also a founding member and former president of the National Association of Black
Journalists.
Veteran Journalist Ghulam Muhammad Mustafa Passed Away
On 18th March 2018, journalist Ghulam Muhammad Mustafa died at a hospital in Gurgaon,
Haryana.
i.He is a retired Indian Information Service officer of the 1969 batch. He started his career with the
Press Information Bureau (PIB).
ii. Later he was elevated as Additional Information Director at PIB. He also worked as a News Editor
at All India Radio and Doordarshan. He retired from service in 2005.
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South Korean pop star Seo Minwoo passes away
On 25th March 2018, South Korean pop singer Seo Minwoo, died due to cardiac arrest at
his residence in Gangnam, Seoul, South Korea.
i. Seo Minwoo was a lead singer of the 100% band.He had also acted in TV shows and movies.
ii. The 100% band debuted in 2012. Some of their popular songs are “Bad Boy,” "Want U Back,"
“Better Days,” and "Sketch U."
Veteran journalist V. Sriharsha passes away
On 27th March 2018, V. Sriharsha, a reputed journalist, died due to cardiac arrest, in New
Delhi. He worked as a media consultant with the GMR Group after he had retired as Bureau Chief
of ETV (Delhi).Earlier, he had worked with The Indian Express, Pioneer and Deccan Chronicle.
Former Manipur chief minister R K Dorendra Singh passes away at 83
On 30th March 2018, former Manipur Chief Minister R K Dorendra Singh died at the
Jawaharlal Nehru Institute of Medical Sciences Hospital in Imphal, Manipur.
He was the chief minister of Manipur four times between 1974 and 1993.Earlier, he was the
Speaker of Manipur Assembly
BOOKS & AUTHORS
“Namaste Shalom”, a magazine on India-Israel relations launched
On 2nd March 2018, Union Minister of State (Independent Charge) of the Ministry of Development of
North Eastern Region (DoNER), MoS PMO, Personnel, Public Grievances & Pensions, Atomic Energy
and Space, Dr Jitendra Singh, launched the social media of “Namaste Shalom”, a
magazine on India-Israel relations.
The magazine ‘Namaste Shalom’ is edited by Tarun Vijay, former MP. Mr. Daniel Carmon,
Israeli Ambassador to India, and other officials were also present on the occasion.
Sri Lanka Cricket releases 'A Tribute to Jagu' book on Jagmohan Dalmiya
Sri Lanka Cricket (SLC) has released the book named ‘A Tribute to Jagu’ as a tribute to
former BCCI President Jagmohan Dalmiya.
i. They honoured him posthumously as the greatest non-Sri Lankan contributor to Sri Lankan
cricket.
ii. Avishek, son of Jagmohan Dalmiya, who is the joint secretary of the Cricket Association of
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Bengal (CAB) received the book.
Himachal CM launches 'Mahila Suraksha' handbook on women safety
On 14th March 2018, Himachal Pradesh Chief Minister Jai Ram Thakur released 'Mahila
Suraksha', a handbook on women’s safety.The handbook has been brought out by the Shimla
administration. It also has important telephone and helpline numbers.
Indian Army Releases Book on Paramveer Chakra Awardees: ‘Paramveer Parwane’
On 20th March 2018, General Bipin Rawat, Chief of the Army Staff, released a book on
Paramveer Chakra Awardees named ‘Paramveer Parwane’. Paramveer Parwane is a book on
the bravery of Paramveer Chakra Awardees from 1947 to 1965. It has been authored by Dr
Prabhakiran Jain.It is published by Medha Books.
IMPORTANT DAYS
World Rare Disease Day Conference 2018 organised in New Delhi
On 28th February 2018, JP Nadda, Union Minister for Health and Family Welfare
inaugurated the World Rare Disease Day Conference 2018 in New Delhi.
i.World Rare Disease Day was first introduced by EURORDIS and its council of National
Alliances in 2008.
ii. The theme for World Rare Disease Day 2018 is Research.
iii. J P Nadda said that, the Indian government has developed a national policy for "rare diseases".
About European Organisation for Rare Diseases (EURORDIS):
♦ Non-profit alliance of over 700 rare disease patient organisations
♦ President - Terkel Andersen
Zero Discrimination Day - March 1.
i. The first Zero Discrimination Day was celebrated on 1st March 2014. UNAIDS launched the Zero
Discrimination Campaign in December 2013 on World AIDS Day.
ii. Zero Discrimination Day 2018 campaign says people to ask themselves: “What if …” and
assess their own actions.
World Wild Life Day - March 3
i. On 20th December 2013, the United Nations General Assembly (UNGA) announced 3 March, as
UN World Wildlife Day, to mark the date on which the Convention on International Trade in
Endangered Species of Wild Fauna and Flora (CITES) was signed.
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ii.The theme for World Wildlife Day 2018 is: “Big cats: predators under threat".
International Women's Day(IWD) - March 8, 2018
International Women's Day (IWD) is celebrated on March 8 every year.It commemorates the
movement for women's rights.March 8 was suggested by the 1910 International Socialist Woman's
Conference to become an "International Woman's Day."
The theme for International Women's Day 2018 was chosen as - 'Time is Now: Rural and
urban activists transforming women’s lives'.
NITI Aayog launches Women Entrepreneurship Platform on International Women’s Day:-
During the International Women’s Day, NITI Aayog launched the Women Entrepreneurship Platform
(WEP) to building an ecosystem for women across IndiaThe WEP theme song “Naari
Shakti” composed and sung by Singer Kailash Kher was released on this occasion.
Justice Gita Mittal to be conferred 'Nari Shakti' award:-
Delhi High Court Acting Chief Justice Gita Mittal becomes the first woman from the field of law
and justice to be conferred the 'Nari Shakti Puraskar', India's highest civilian honour for women.
Dr. Jitendra Singh inaugurates DoPT Workshop on International Women’s Day:-
• The day long Workshop was organised by DoPT on the theme of “Women Empowerment,
Opportunities and Challenges.”
• Ms NL Beno Zephine, first 100% visually challenged person to be in Indian Foreign Service,
was the Chief Guest on the occasion.
World Kidney Day - March 8 2018
World Kidney Day is celebrated annually throughout the world on the second Thursday of
March. This year it met with the International Women's Day and falls on March 8.
The objective of the day is to not just spread awareness about kidney diseases and its cure, but
also spread how kidney diseases can be prevented.The theme is "Kidneys And Women's Health:
Include, Value, Empower".
NCRB celebrates its 33rd Inception Day & releases “Citizen Services” Mobile App
On 11th March 2018, National Crime Records Bureau (NCRB) celebrated its 33rd Inception
Day at Mahipalpur, New Delhi.
i.Rajiv Jain, Director of Intelligence Bureau (IB) was the Chief Guest of the event. He
launched a Mobile App called “Citizen Services”.
ii. Citizens can use this app for Complaint Registration & Status Check, View FIR Detail, SOS – Stay
Safe, Locate Police Stations, Vahan-Samanvay, Emergency Contact List, Police Stations Telephone
Directory etc.
Less Traffic Day observed in Bengaluru
On 11th March 2018, Less Traffic Day was observed in Bengaluru. Less Traffic Day was
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observed in Bengaluru for the second time on 11th March 2018. The first Less Traffic Day was
observed on 11thFebruary 2018.This has been initiated to reduce air pollution and traffic
congestion.
World Consumer Rights Day - March 15
On 15th March 2018, World Consumer Rights Day was observed all over the world to create
awareness about consumer rights. It was inspired by President John F Kennedy. He sent a special
message on issues of consumer rights to the US Congress on 15th March 1962. The first World
Consumer Rights Day was celebrated in 1983.Theme: “Making Digital Marketplaces Fairer.
World Sleep Day - March 16
On 16th March 2018, World Sleep Day was observed all over the world.World Sleep Day is an
annual event organized by the World Sleep Day Committee of World Sleep Society.
Theme for World Sleep Day 2018: Join the Sleep World, Preserve Your Rhythms to Enjoy Life.
About World Sleep Society:
♦ President - Charles Morin
♦ Secretary - Yuichi Inoue
Global Recycling Day - March 18
On 18th March 2018, Global Recycling Day was celebrated all over the world.It is launched by the
Bureau of International Recycling (BIR). It also coincides with the 70th anniversary of
BIR.Its aim is to create awareness on the importance of recycling.It insists to consider recyclables
as “resource – not waste.” Recyclables have become world’s Seventh Resource apart from the six
major natural resources: water, air, coal, oil, natural gas and minerals.
International Day of Happiness - March 20
On 20th March 2018, International Day of Happiness was celebrated all over the world.
i. The United Nations has celebrated the International Day of Happiness since 2013. This day
stresses the importance of happiness in the lives of people.
ii. Theme for International Day of Happiness 2018: “Share Happiness”. This year the focus is
on the importance of relationships, kindness and helping each other.
World Sparrow Day - March 20
On 20th March 2018, World Sparrow Day was celebrated all over the world.It was started in
collaboration with the Eco-Sys Action Foundation (France) and several other national and
international organisations.It aims to create awareness on conservation of sparrows and to fight
against extinction of birds.Theme is I love Sparrows. The first World Sparrow Day was celebrated
on 2010.
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About Nature Forever Society of India:
♦ Founder - Mohammed Dilawar
♦ Purpose - conservation of house sparrows and other common flora and fauna
International Day for the Elimination of Racial Discrimination - March 21
On 21st March 2018, International Day for the Elimination of Racial Discrimination was observed all
over the world.It commemorates the Sharpeville massacre in which 69 people where inhumanly
killed for peacefully demonstrating against apartheid in South Africa on 21st March 1960.Theme is
Promoting tolerance, inclusion, unity and respect for diversity in the context of
combating racial discrimination.
World Poetry Day - March 21
On 21st March 2018, World Poetry Day was celebrated all over the world.It celebrates poetry, which
is considered one of humanity’s most precious forms of cultural expression and identity.UNESCO
adopted 21 March as World Poetry Day in 1999. It was adopted with an aim to support linguistic
diversity and protect endangered languages.
International Day of Forests - March 21
On 21st March 2018, International Day of Forests was observed all over the world.his day acts as a
platform to create awareness on the importance of all types of woodlands and treesTheme for
International Day of Forests 2018: Forests and Sustainable Cities.
About Indian Council of Forestry Research and Education (ICFRE):
♦ Director General - Dr. S. C. Gairola
♦ Formed - 1986
World Down syndrome Day (WDSD) - March 21
On 21st March 2018, World Down syndrome Day (WDSD) was observed all over the world.
i. Down syndrome: It is a naturally occurring chromosomal arrangement that generally results in
various effects on learning styles, physical characteristics or health.
ii. When and Why: The UN General Assembly declared 21 March as World Down Syndrome Day in
2011. This day aims to create awareness on Down syndrome among the public.
iii. The focus for World Down syndrome Day 2018 is: #WhatIBringToMyCommunity - how
people with Down syndrome can contribute in schools, workplaces, community, public and political
life, culture, media, recreation, leisure and sport.
World Water Day - March 22
On 22nd March 2018, World Water Day was celebrated all over the world to focus on the importance
of freshwater and supporting for the sustainable management of freshwater resources.The first
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World Water Day was celebrated in 1993. World Water Day is coordinated by UN-Water.
Theme for World Water Day 2018: Nature for Water. This year World Water Day will focus on
how to use nature to deal with the water challenges of current age.
Bihar celebrates 106th foundation day
On 22nd March 2018, celebrations for the 106th foundation day of Bihar began at three locations:
Gandhi Maidan, S K Memorial Hall and Rabindra Bhawan in Patna, Bihar.
i. Theme of 106th foundation day of Bihar is: “Centenary of Champaran Satyagraha and
Elimination of Dowry and Child Marriage”.The celebrations will be held till 24th March 2018.
ii. Vice-President Venkaiah Naidu released the following books: ‘Ek Tha Mohan’, ‘Bapu Ki
Chiththi’, ‘Champaran Ki Kahani’ and ‘Neel Ke Dhabbe’.
iii. The first Bihar Diwas was celebrated in 2012. Bihar separated from undivided Bengal in 1912 as
an independent state.
Punjab Government observes martyrdom day of Bhagat Singh, Sukhdev and Rajguru as
'Youth Empowerment Day
The Punjab Government observed 23 March, the martyrdom day of Shaheed-e-Azam Bhagat Singh,
Shaheed Sukhdev and Shaheed Rajguru as 'Youth Empowerment Day'.
i. On 23rd March 2018, to mark this occasion, a state level programme to administer oath
to Drug Abuse Prevention Officers (DAPOs) was launched by Punjab Chief Minister
Captain Amarinder Singh.
ii. The DAPO (Drug Abuse Prevention Officer) initiative has been launched to involve government
employees and people of Punjab in the battle against drugs.
iii. Amarinder Singh paid tributes to Bhagat Singh, Rajguru and Sukhdev. The state level function
was held at Khatkar Kalan village.
World TB Day - March 24
On 24th March 2018, the World TB Day was observed all over the world.This day aims to create
public awareness on the health, social and economic consequences of tuberculosis (TB). It works on
increasing the efforts to end TB.The theme for World TB Day 2018 is: "Wanted: Leaders for a
TB-free world".
About Indian Medical Association (IMA):
♦ Headquarters – New Delhi
♦ National President - Dr. Ravi Wankhedkar
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World Meteorological Day - March 23
On 23rd March 2018, World Meteorological Day was celebrated all over the world.This day is
celebrated to commemorate the formation of World Meteorological Organisation, which was
founded on 23 March 1950.The theme for World Meteorological Day 2018 is: "Weather-
Ready, Climate-Smart."
International Day of Solidarity with detained and missing staff members - March 25
On 25th March 2018, International Day of Solidarity with detained and missing staff members was
observed all over the world.This day aims to initiate action, demand justice and highlight the
importance to protect UN staff and peacekeepers, also people who work for non-governmental
community and the press.
International Day of Remembrance of the Victims of Slavery and the Transatlantic Slave
Trade - March 25
On 25th March 2018, International Day of Remembrance of the Victims of Slavery and the
Transatlantic Slave Trade was observed all over the world.The theme for International Day of
Remembrance of the Victims of Slavery and the Transatlantic Slave Trade 2018 is: “Remember
Slavery: Triumphs and Struggles for Freedom and Equality”.
World Theater Day - March 27
i. The World Theater Day is celebrated on 27th March every year by ITI (International Theatre
Institute) Centres, ITI Cooperating Members, theatre professionals, theatre organizations, theatre
universities, etc. all over the world
ii. The World Theater Day is celebrated since 1962. On the 27th March 1962 "Theatre of Nations"
season was opened in Paris.
About International Theatre Institute (ITI):
♦ Headquarters – Shanghai, China
♦ President - Mohamed Saif Al-Afkham
STATIC INFORMATIONS FROM CURRENT AFFAIRS Quick Static details of Indian states
About Lakshadweep:
♦ Capital – Kavaratti
♦ Administrator - Farooq Khan
Quick Facts about Tripura:
♦ Capital – Agartala
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♦ Current Governor – Tathagata Roy
♦ Important National Park – Rajbari National Park
Quick Facts about Meghalaya:
♦ Capital – Shillong
♦ Current Governor – Ganga Prasad
♦ Important National Park – Nokrek National Park
Quick Facts about Nagaland:
♦ Capital – Kohima
♦ Current Governor – Padmanabha Acharya
♦ Important National Park – Ntangki National Park
Quick Facts about Karnataka:
♦ Capital – Bengaluru
♦ Current Chief Minister – Siddaramaiah
♦ Current Governor – Vajubhai Vala
♦ Important National Parks – Bandipur National Park, Bannerghatta National Park
Quick Facts about Odisha:
♦ Capital – Bhubaneswar
♦ Current Governor – S.C. Jamir
♦ Current Chief Minister – Naveen Patnaik
♦ Important National Park – Bhitarkanika National Park
Quick Facts about Himachal Pradesh:
♦ Capital – Shimla, Dharamshala (second capital, in winter)
♦ Current Governor – Acharya Dev Vrat
♦ Current Chief Minister – Jai Ram Thakur
♦ Important National Park – Pin Valley National Park, Khirganga National Park
Quick Facts about Punjab:
♦ Capital – Chandigarh
♦ Current Chief Minister – Amarinder Singh
♦ Current Governor – V P Singh Badnore
♦ Important River – Sutlej
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Quick Facts about Maharashtra:
♦ Capital – Mumbai
♦ Current Chief Minister – Devendra Fadnavis
♦ Current Governor – Chennamaneni Vidyasagar Rao
♦ Important National Park – Sanjay Gandhi National Park
Quick Facts about Jharkhand:
♦ Capital – Ranchi
♦ Current Governor – Draupadi Murmu
♦ Current Chief Minister – Raghubar Das
♦ Important Wildlife Sanctuary – Hazaribag Wildlife Sanctuary
Quick Facts about Assam:
♦ Capital – Dispur
♦ Current Governor – Jagdish Mukhi
♦ Current Chief Minister – Sarbananda Sonowal
♦ Important National Park – Manas National Park
Quick Facts about Goa:
♦ Capital – Panaji
♦ Current Chief Minister – Manohar Parrikar
♦ Current Governor – Mridula Sinha
♦ Important River – Mondovi
Quick Facts about Jammu & Kashmir:
♦ Capital – Srinagar (Summer), Jammu (Winter)
♦ Current Governor – Narinder Nath Vohra
♦ Current Chief Minister – Mehbooba Mufti
♦ Important National Park – Dachigam National Park
Quick Facts about Gujarat:
♦ Capital – Gandhinagar
♦ Current Governor – Om Prakash Kohli
♦ Current Chief Minister – Vijay Rupani
♦ Important National Park – Gir National Park
Quick Facts about Uttarakhand:
♦ Capital – Dehradun
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♦ Current Chief Minister – Trivendra Singh Rawat
♦ Current Governor – Krishan Kant Paul
♦ Important National Park – Jim Corbett National Park
Quick Static details of Banks
Quick Facts about HDFC Bank:
♦ Founded in – 1994
♦ Headquarters – Mumbai, Maharashtra
♦ Current MD – Aditya Puri
♦ Tagline – ‘We Undertand Your World’
Quick Facts about Reserve Bank of India (RBI):
♦ Commenced Operations on: 1st April 1935
♦ Headquarters: Mumbai
♦ Current Governor: Mr. Urjit Patel
About Citibank:
♦ Headquarters – New York City
♦ CEO - Michael Corbat
♦ Country treasurer for India - Badri Nivas
About ICICI Bank Limited:
♦ Headquarters – Mumbai
♦ MD & CEO - Mrs. Chanda Kochhar
About Karnataka Vikas Grameena Bank (KVGB):
♦ Chairman - S Ravindran
♦ Head Office – Dharwad, Karnataka
About Punjab National Bank (PNB):
♦ MD & CEO - Sunil Mehta
♦ Headquarters – New Delhi
Quick Facts about Goldman Sachs:
♦ Founded in – 1869
♦ Headquarters – New York, US
About DCB Bank:
♦ Headquarters - Mumbai
♦ MD & CEO - Murali M. Natrajan
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Quick Facts about Federal Bank:
♦ Founded in – 1931
♦ Headquarters – Kochi, Kerala
♦ Current MD & CEO – Shyam Srinivasan
Quick Facts about State Bank of India (SBI):
♦ Renamed in – 1955
♦ Headquarters – Mumbai, Maharashtra
♦ Current Chairman – Rajnish Kumar
Quick Facts about ICICI Bank:
♦ Founded in – 1994
♦ Headquarters – Mumbai, Maharashtra
♦ Current MD & CEO – Chanda Kochhar
♦ Tagline – ‘hum hai na’, ‘khayaal aapka’
Quick Facts about People’s Bank of China:
♦ Established in – 1948
♦ Headquarters – Beijing, China
About Jana Small Finance Bank:
♦ MD & CEO - Mr. Ajay Kanwal
♦ Headquarters – Bengaluru
Quick Facts about Lakshmi Vilas Bank:
♦ Founded in – 1926
♦ Headquarters – Chennai, Tamil Nadu
♦ Current MD & CEO – Parthasarthi Mukherjee
♦ Tagline – The Changing Face of Prosperity
Quick Facts about IndusInd Bank:
♦ Founded in – 1994
♦ Headquarters – Mumbai, Maharashtra
♦ Current CEO – Ramesh Sobti
Quick Facts about UCO Bank:
♦ Founded in – 1943
♦ Headquarters – Kolkata, West Bengal
♦ Current CMD – Ravi Krishan Takkar
♦ Tagline – Honours Your Trust
Quick Facts about Allahabad Bank:
♦ Founded in – 1865
♦ Headquarters – Kolkata, West Bengal
♦ Current MD & CEO – Usha Ananthasubramanian
♦ Tagline – ‘A Tradition of Trust’
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Quick Facts about Fino Payments Bank:
♦ Incorporated on – April 4, 2017
♦ Registered Office – Mumbai, Maharashtra
♦ Current CEO – Rishi Gupta
Quick Facts about Kotak Mahindra Bank:
♦ Founded in – 1985
♦ Headquarters – Mumbai
♦ Current MD – Uday Kotak
♦ Tagline – Let’s Make Money Simple
Quick Facts about Karnataka Bank:
♦ Founded in – 1924
♦ Headquarters – Mangaluru, Karnataka
♦ Current MD & CEO – Mahabaleshwara M. S
♦ Tagline – Your Family Bank, Across India
Stadiums
Some stadiums in Telangana:
♦ Lal Bahadur Shastri Stadium – Hyderabad
♦ Rajiv Gandhi International Cricket Stadium - Hyderabad
Some important stadiums in India:
♦ Moti Bagh Stadium Cricket – Baroda, Gujarat
♦ IPCL Sports Complex Ground – Baroda, Gujarat
♦ Madhavrao Scindia Cricket Ground – Rajkot, Gujarat
Some stadiums in Odisha:
♦ Ispat Stadium – Rourkela
♦ Barabati Stadium – Cuttack
♦ Angul Stadium – Angul
Some important stadiums in Kerala:
♦ Fort Maidan – Palakkad
♦ Lal Bahadur Shastri Stadium – Kollam
♦ EMS Stadium - Kozhikode
Some stadiums in Maharashtra:
♦ Vidarbha Cricket Association Stadium
♦ Shri Chhatrapati Shivaji Stadium
♦ Rajendrasinhji Stadium
Some important stadiums in India:
♦ Feroz Shah Kotla Stadium – Delhi
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♦ Eden Gardens – Kolkata
♦ M.Chinnaswamy Stadium - Bengaluru
Some cricket stadiums in India:
♦ Mahabir Stadium – Hisar, Haryana
♦ Birsa Munda Athletics Stadium – Ranchi, Jharkhand
♦ Visvesvaraya Stadium – Mandya, Karnataka
♦ Fatorda Stadium – Margao, Goa
♦ Moti Bagh Stadium – Baroda, Gujarat
♦ Tau Devi Lal Stadium – Gurgaon, Haryana
Dams Some important dams in India:
♦ Warna Dam – Varna River
♦ Bhatsa Dam - Bhatsa and Chorna River
♦ Pillur Dam – Bhavani River
Some dams in Tamil Nadu:
♦ Amaravathi Dam - Amaravathi River
♦ Vaigai Dam - Vaigai River
♦ Mettur Dam – Cauvery River
Some important dams in India:
♦ Indira Sagar Dam – Narmada River
♦ Koyna Dam – Koyna River
♦ Supa Dam – Kali Nadi River
Some dams of Uttar Pradesh:
Rihand Dam - Rihand River
Dhurwara Dam - Betwa River
Dhanraul Dam - Ghaghar River
Some dams in Madhya Pradesh:
♦ Gandhi Sagar Dam - Chambal River
♦ Indira Sagar Dam - Narmada River
♦ Bargi Dam - Narmada River
Some dams in Andhra Pradesh:
♦ Mylavaram Dam - Penna River
♦ Somasila Dam - Penna River
♦ Srisailam Dam - Krishna River
Temple’s Some temples in Odisha:
♦ Konark Sun Temple - Konark
♦ Jagannath Temple – Puri
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Some temples in Andhra Pradesh:
♦ Venkateswara Temple – Tirupati
♦ Sri Bhramaramba Mallikarjuna Temple – Srisailam
Some temples in Karnataka:
♦ Iskcon Temple – Bengaluru
♦ Sri Chennakesava Temple – Hassan
Some important temples in India:
♦ Padmanabhaswamy Temple - Kerala
♦ Badrinath Temple - Uttarakhand
Some important temples in India:
♦ Lotus Temple – New Delhi
♦ Somanth Temple – Gujarat
♦ Jagannath Temple – Odisha
Some temples in Uttar Pradesh:
♦ Shri Tilbhandeshwar Mahadev Mandir
♦ Kashi Vishwanath Temple
Some important temples in India:
♦ Vaishno Devi Temple – Katra, Jammu & Kashmir
♦ Golden Temple – Amritsar, Punjab
♦ Tirupati Balaji (Tirumala Venkateswara) Temple – Chittoor, Andhra Pradesh
Airports: Some of the busiest airports in India:
♦ Indira Gandhi International Airport - Delhi
♦ Chhatrapati Shivaji International Airport - Mumbai
♦ Kempegowda International Airport – Bangalore
Some important airports in India:
♦ Veer Savarkar International Airport – Port Blair
♦ Kempegowda International Airport – Bengaluru
♦ Biju Patnaik International Airport – Bhubaneswar
Some important airports in India:
♦ Sri Guru Ram Dass Jee International Airport – Amritsar, Punjab
♦ Anna International Airport – Chennai, Tamil Nadu
♦ Netaji Subhash Chandra Bose International Airport – Kolkata, West Bengal
Seaport:
Some major sea ports in India:
♦ Kandla Port - Gujarat
♦ Nhava Sheva (or) Jawaharlal Nehru Port - Maharashtra
♦ Marmagao port - Goa
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Some National Parks in Manipur:
♦ Sirohi National Park
♦ Keibul Lamjao National Park
Parks
Some National Parks in Chhattisgarh:
♦ Kanger Ghati National Park – Jagdalpur
♦ Indravati National Park - Bijapur district
Some National Parks in Odisha:
♦ Bhitarkanika National Park
♦ Simlipal National Park
Some National Parks in Kerala:
♦ Anamudi Shola National Park
♦ Eravikulam National Park
Some National Parks in Manipur:
♦ Sirohi National Park
♦ Keibul Lamjao National Park
Some National Parks in Gujarat:
♦ Gir Forest National Park
♦ Blackbuck National Park
♦ Marine National Park
Some National Parks in Madhya Pradesh:
♦ Bandhavgarh National Park
♦ Ghughua Fossil Park
♦ Madhav National Park
♦ Van Vihar National Park
♦ Satpura National Park
♦ Pench National Park
Some National Parks in Rajasthan:
♦ Ranthambore National Park
♦ Desert National Park
♦ Darrah National Park
Some National Parks in Himachal Pradesh:
♦ Great Himalayan National Park
♦ Inderkilla National Park
♦ Khirganga National Park
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Some important National Parks in India:
♦ Anamudi Shola National Park - Kerala
♦ Anshi National Park - Karnataka
♦ Balphakram National Park – Meghalaya
Some National Parks in Haryana:
♦ Kalesar National Park
♦ Sultanpur National Park
Bird Sanctuaries: Some important bird sanctuaries in India:
♦ Atapaka Bird Sanctuary – Andhra Pradesh
♦ Nagi Dam Bird Sanctuary – Bihar
♦ Mayani Bird Sanctuary – Maharashtra
Wildlife Santuaries Some wildlife sanctuaries in Kerala:
♦ Aralam Wildlife Sanctuary
♦ Chimmony Wildlife Sanctuary
♦ Chinnar Wildlife Sanctuary
Some wildlife sanctuaries in Delhi:
♦ Asola Bhatti Wildlife Sanctuary
♦ Najafgarh drain bird sanctuary
Some wildlife sanctuaries in Karnataka:
♦ Dandeli Wildlife Sanctuary
♦ Malai Mahadeshwara Wildlife Sanctuary
♦ Pushpagiri Wildlife Sanctuary
♦ Bandipur National Park
♦ Bannerghatta National Park
♦ Ranibennur Blackbuck Sanctuary
♦ Someshwara Wildlife Sanctuary
Some wildlife sancturies of Goa:
♦ Netravali Wildlife Sanctuary
♦ Mhadei Wildlife Sanctuary
♦ Cotigao Wildlife Sanctuary
Some wildlife sanctuaries in Tripura:
♦ Rowa Wildlife Sanctuary
♦ Sipahijola Wildlife Sanctuary
Some wildlife sanctuaries of Arunachal Pradesh:
♦ Dibang Wildlife Sanctuary
♦ Kamlang Wildlife Sanctuary
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Some wildlife sanctuaries of Odisha:
♦ Baisipalli Wildlife Sanctuary
♦ Balimela Wildlife Sanctuary
♦ Balukhand-Konark Wildlife Sanctuary
Some wildlife sanctuaries in Rajasthan:
♦ Bassi Wildlife Sanctuary
♦ Kumbhalgarh Wildlife Sanctuary
♦ Mount Abu Wildlife Sanctuary
Some wildlife sanctuaries in Andhra Pradesh:
♦ Coringa Wildlife Sanctuary
♦ Kambalakonda Wildlife Sanctuary
♦ Koundinya Wildlife Sanctuary
Some wildlife sanctuaries in Uttar Pradesh:
♦ Bakhira Sanctuary
♦ Chandra Prabha Wildlife Sanctuary
♦ Hastinapur Wildlife Sanctuary
Some wildlife sanctuaries in Himachal Pradesh:
♦ Chail Sanctuary
♦ Churdhar Sanctuary
♦ Daranghati Sanctuary
♦ Kalatop Khajjiar Sanctuary
♦ Kanwar Sanctuary
♦ Renuka Sanctuary
Some wildlife sanctuaries in Bihar:
♦ Bhimbandh Wildlife Sanctuary
♦ Kaimur Wildlife Sanctuary
♦ Kanwar Lake Bird Sanctuary
Some wildlife sanctuaries in Chhattisgarh:
♦ Achanakmar Wildlife Sanctuary
♦ Sitanadi Wildlife Sanctuary
♦ Tamor Pingla Wildlife Sanctuary
Some wildlife sanctuaries in Jammu & Kashmir:
♦ Karakoram Wildlife Sanctuary
♦ Hirpora Wildlife Sanctuary
Some important boundary lines:
♦ Mannar Haime Line – Russia & Finland
♦ Maginot Line – France & Germany
♦ Curzon Line – Poland & Russia
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♦ Blue Line – Israel and Lebanon
♦ Purple Line – Israel and Syria
♦ Green Line – Israel and its neighbours (Egypt, Jordan, Lebanon and Syria)
Nick Names of Indian Cities:
Nick names of some Indian cities:
♦ Hyderabad-Secunderabad – Twin city
♦ Amritsar – Golden City
♦ Mysore – Sandal Wood City
Museums
Some museums in Delhi:
♦ Children's Museum
♦ Indian Air Force Museum
♦ Parliament Museum
Some museums in Telangana:
♦ Alampur Museum
♦ Heritage Jail Museum
♦ Warangal Museum
Some important museums in India:
♦ Anthropological Museum – Port Blair, Andaman & Nicobar Islands
♦ Victoria Jubilee Museum – Vijayawada, Andhra Pradesh
♦ Mayong Central Museum and Emporium – Mayong, Assam
UNESCO Heritage Sites
Some UNESCO Natural Heritage sites in India:
♦ Great Himalayan National Park Conservation Area – Himachal Pradesh
♦ Kaziranga National Park – Assam
♦ Keoladeo National Park – Rajasthan
♦ The Architectural Work of Le Corbusier – Chandigarh
♦ Nalanda Mahavihara (Nalanda University) – Bihar
♦ Taj Mahal – Uttar Pradesh
River projects: Some river projects of India:
♦ Beas Project – Beas River
♦ Chambal Project – Chambal River
♦ Hirakud Project – Mahanadi River
Some important Indian cities on rivers:
♦ Badrinath – Alaknanda River
♦ Chennai – Cooum River
♦ Nizamabad – Godavari River
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Some rivers flowing through Punjab:
♦ Beas River
♦ Ghaggar-Hakra River
♦ Sutlej River
Lakes Some lakes of Odisha:
♦ Anshupa Lake
♦ Chilika Lake
♦ Kanjia lake
Some important lakes of India:
♦ Kanwar Lake – Bihar
♦ Kankaria Lake – Gujarat
♦ Khajjiar Lake – Himachal Pradesh
Some important lakes in kerala:
♦ Enamakkal Lake
♦ Pookode Lake
♦ Vellayani Lake
Some lakes in Delhi:
♦ Bhalswa Horseshoe Lake
♦ Najafgarh Lake
♦ Sanjay Lake
Some important lakes in India:
♦ Largest fresh water lake in Asia & India – Wular Lake, Kashmir
♦ Largest Artificial Lake in Asia – Upper Lake, Madhya Pradesh
♦ Largest saline water Lake in India – Chika Lake, Odisha
Some important lakes in India:
♦ Longest lake in India – Vembanad, Kerala
♦ Highest lake in India – Cholamu Lake, Sikkim
♦ Largest saline water lake in India – Chika Lake, Orissa
Quick Facts about Indian Entities About Defence Research and Development Organisation (DRDO):
♦ DRDO Chairman and Secretary, Department of Defence Research & Development - S
Christopher
♦ Headquarters – New Delhi
About Paralympic Committee of India (PCI):
♦ President - Mr. Rao Inderjit Sing
♦ Head Office – New Delhi
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Quick Facts about IJIRA:
♦ Established in – 1937
♦ Located in – Kolkata, West Bengal
♦ Current Chairman – A.K. Lohia
About Wrestling Federation of India (WFI):
♦ President - Brijbhushan Sharan Singh
♦ Location - New Delhi
Quick Facts about National Institute of Fashion Technology (NIFT):
Established in – 1986
Main Campus Located in – New Delhi
Affiliated to – Ministry of Textiles, Government of India
About Indian Navy:
♦ Chief of the Naval Staff (CNS) - Admiral Sunil Lanba
♦ Headquarters – New Delhi
About ISSF (International Shooting Sport Federation):
♦ President - Olegario Vazquez Rana
♦ Headquarters - Munich, Germany
Quick Facts about Airports Authority of India (AAI):
♦ Founded in – 1995
♦ Headquarters – New Delhi
♦ Current Chairman – Dr. Guruprasad Mohapatra
Quick Facts about SIDBI:
♦ Founded in – 1990
♦ Headquarters – Lucknow, Uttar Pradesh
About National Highways Authority of India (NHAI):
♦ Chairman – Deepak Kumar
♦ Formed – 1988
About Jawaharlal Nehru Centre for Advanced Scientific Research (JNCASR):
♦ Established by - Department of Science and Technology
♦ Established in - 1989
About Board of Cricket Control of India (BCCI):
♦ CEO - Mr. Rahul Johri
♦ President - Mr. CK Khanna
About Competition Commission of India (CCI):
♦ Chairperson - Devender Kumar Sikri
♦ Headquarters – New Delhi
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About Supreme Court of India:
♦ Established – 1950
♦ Location - Tilak Marg, New Delhi
About GST Council:
Chairperson - Arun Jaitley
GST Council Secretariat – New Delhi
Quick Facts about Mahatma Gandhi National Rural Employment Guarantee Act
(MGNREGA):
♦ Earlier name – National Rural Employment Guarantee Act 2005
♦ Launched in – 2006
♦ Administered by – Union Ministry of Rural Development
Quick Facts about UNRWA:
♦ Created in – 1949
♦ Supports – More than 5 million registered Palestinian refugees
♦ Parent Organisation – United Nations
Quick facts about Insurance Regulatory and Development Authority of
India (IRDAI):
♦ Constituted by – Insurance Regulatory and Development Authority Act, 1999
♦ Headquarters – Hyderabad, Telangana
♦ Current Chairman – T.S.Vijayan
Quick Facts about ISRO:
♦ Established in – 1969
♦ Headquarters – Bengaluru, Karnataka
♦ Current Chairman – Dr. K. Sivan
About Bureau of Police Research and Development (BPRD):
♦ Headquarters – New Delhi
♦ Director General - Dr. A.P. Maheshwari
About National Crime Records Bureau (NCRB):
♦ Purpose - Nodal Agency for authentic source of Data on crime, accidents, suicides, and
prisons for policy matters and research
♦ Director - Ish Kumar
About National Investigation Agency (NIA):
♦ Director General - Yogesh Chander Modi
♦ Headquarters – New Delhi
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About Kerala Startup Mission (KSUM):
♦ Purpose - nodal agency of Kerala Government for entrepreneurship development and
incubation activities in the State
♦ CEO - Saji Gopinath
Quick Facts about IBBI:
♦ Formed in – 2016
♦ Headquarters – New Delhi
♦ Current Chairperson – M.S. Sahoo
About Forest Survey of India (FSI):
♦ Director General - Saibal Dasgupta
♦ Headquarters – Dehradun, Uttarakhand
About Table Tennis Federation of India (TTFI):
♦ Secretary General - D.R.Choudhary
♦ Location - New Delhi
About Film and Television Institute of India (FTII):
♦ Chairman - Anupam Kher
♦ Location - Pune, Maharashtra
About International Cricket Council (ICC):
♦ Chairman - Shashank Manohar
♦ CEO - David Richardson
Quick Facts about NITI Aayog:
♦ Formed in – January 2015
♦ Headquarters – New Delhi
♦ Ex-Officio Chairman – Prime Minister of India
Quick Facts about Indian Coast Guard:
♦ Established in – 1978
♦ Headquarters – New Delhi
♦ Current Director General – Rajendra Singh
Quick Facts about ICFRE:
♦ Established in – 1987
♦ Located in – Dehradun, Uttarakhand
♦ Parent Entity - Union Ministry of Environment, Forest and Climate Change
About National Green Tribunal (NGT):
♦ Established – 2010
♦ Location - New Delhi
♦ Purpose - effective and fast disposal of cases related to environmental protection and
conservation of forests and other natural resources including enforcement of any legal right
related to environment
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About SEBI (Securities and Exchange Board of India):
♦ Chairman - Ajay Tyagi
♦ Headquarters – Mumbai
Quick Static details of Other Countries Quick Facts about Fiji:
♦ Capital – Suva
♦ Currency – Fijian dollar
♦ Current Prime Minister – Frank Bainimarama
♦ Closest Neighbour – Vanuatu
Quick Facts about Venezuela:
♦ Capital – Caracas
♦ Currency – Bolivar fuerte
♦ Current President – Nicola Maduro
♦ Important Rivers – Orinoco, Caroni
Quick Facts about Qatar:
♦ Capital – Doha
♦ Currency – Riyal
♦ Current Prime Minister - Abdullah bin Nasser bin Khalifa Al Thani
♦ Neighbouring Country – Saudi Arabia
Quick Facts about Guyana:
♦ Capital - Georgetown
♦ Currency – Guyanese Dollar
♦ Current President – David Granger
♦ Neighbouring Countries – Suriname, Venezuela, Brazil
Quick Facts about Malaysia:
♦ Capital – Kuala Lumpur
♦ Currency – Ringgit
♦ Current Prime Minister – Najib Razak
♦ Neighbouring Countries – Brunei, Indonesia, Philippines, Singapore, Thailand, Vietnam
Quick Facts about Egypt:
♦ Capital – Cairo
♦ Currency – Egyptian pound
♦ Current President – Abdel Fattah el-Sisi
♦ Neighbouring Countries – Sudan, Israel, Libya
Quick Facts about Macedonia:
♦ Capital – Skopje
♦ Currency – Macedonian denar
♦ Current Prime Minister – Zoran Zaev
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♦ Shares borders with – Kosovo, Serbia, Bulgaria, Greece, Albania
Quick Facts about Zambia:
♦ Capital – Lusaka
♦ Currency – Zambian kwacha
♦ Current President – Edgar Lungu
Quick Facts about United Kingdom:
♦ Capital – London
♦ Currency – Great British Pound
♦ Current Prime Minister – Theresa May
Quick Facts about Jordan:
♦ Capital – Amman
♦ Currency – Jordanian dinar
♦ Ruling Monarch – Abdullah II
♦ Neighbouring countries – Iraq, Saudi Arabia, Israel, Palestine and Syria
Quick Facts about Vietnam:
♦ Capital – Hanoi
♦ Currency – Vietnamese Dong
♦ Current President – Tran Dai Quang
♦ Important Rivers – Red River, Perfume River
About Afghanistan:
♦ President - Ashraf Ghani
♦ Chief Executive Officer - Abdullah Abdullah
Quick Facts about Armenia:
♦ Capital – Yerevan
♦ Currency – Dram
♦ Current Prime Minister – Karen Karapetyan
♦ Neighbouring Countries – Turkey, Georgia, Iran, Azerbaijan
About Israel:
♦ President - Reuven Rivlin
♦ Prime Minister - Benjamin Netanyahu
Quick Facts about Myanmar:
♦ Capital – Naypyidaw
♦ Currency – Burmese kyat
♦ Current President – Htin Kyaw
♦ Important River – Irrawaddy
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Quick Facts about Sri Lanka:
♦ Capital – Colombo
♦ Currency – Sri Lanka rupee
♦ Current President – Maithripala Sirisena
♦ Important Stadium in Sri Lanka – R. Premadasa International Cricket Stadium
About Spain:
♦ Prime Minister - Mariano Rajoy
♦ President of the Senate - Pío García-Escudero
About China:
♦ President – Xi Jinping
♦ Capital – Beijing
About France:
♦ Capital – Paris
♦ Currency – Euro, CFP franc
♦ President - Emmanuel Macron
♦ Prime Minister - Édouard Philippe
About Mauritius:
♦ Capital - Port Louis
♦ Currency - Mauritian rupee (MUR)
♦ President - Ameenah Gurib
♦ Prime Minister - Pravind Jugnauth
About Nepal:-
♦ Capital - Kathmandu
♦ President - Bidhya Devi Bhandari
♦ Prime Minister - Khadga Prasad Oli
♦ Currency - Nepalese rupee (NPR)
Quick Facts about Bangladesh:
♦ Capital – Dhaka
♦ Currency – Taka
♦ Current Prime Minister – Sheikh Hasina
♦ Neighbouring Countries – India, Myanmar
About Maldives:
♦ President - Abdulla Yameen
♦ Official language – Maldivian
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Quick Facts about Iran:
♦ Capital – Tehran
♦ Currency – Rial
♦ Current President – Hassan Rouhani
♦ Important Rivers – Karun, Zayanderud
About Slovenia:
♦ President - Borut Pahor
♦ Official language - Slovene
Quick Facts about Madagascar:
Capital – Antananarivo
Currency – Malagasy ariary
Current President – Hery Rajaonarimampianina
Quick Facts about Japan:
♦ Capital – Tokyo
♦ Currency – Japanese yen
♦ Current Prime Minister – Shinzo Abe
♦ Important Rivers – Shinano, Tone, Ishikari
About Russia:
♦ Capital - Moscow
♦ Official language – Russian
♦ Currency - Russian ruble
Quick Facts about United States of America:
♦ Capital – Washington D.C.
♦ Currency – US Dollar
♦ Current President – Donald Trump
♦ Neighbouring Countries – Canada, Mexico
Quick Facts about Germany:
♦ Capital – Berlin
♦ Currency – Euro
♦ Current Chancellor – Angela Merkel
♦ Important Cities – Hamburg, Munich, Frankfurt,
Quick Facts about Seychelles:
♦ Capital – Victoria
♦ Currency – Seychellois rupee
♦ Current President – Danny Faure
♦ Other nearby island countries – Comoros, Mauritius, Madagascar
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About Ethiopia:
♦ President - Mulatu Teshome
♦ Official language – Amharic
Quick Facts about Pakistan:
♦ Capital – Islamabad
♦ Currency – Pakistani rupee
♦ Current Prime Minister – Shahid Khaqan Abbasi
♦ Important Rivers – Indus, Jhelum
Presidents of few countries:
♦ South Africa - Cyril Ramaphosa
♦ Liberia - George Weah
♦ Switzerland - Alain Berset
Quick facts about Foreign Entities About International Olympic Committee (IOC):
♦ President - Thomas Bach
♦ Headquarters - Lausanne, Switzerland
About Wikipedia:
♦ Hosted by - Wikimedia Foundation
♦ Purpose - multilingual, web-based, free-content encyclopedia project
Quick Facts about NASA:
♦ Formed in – 1958
♦ Headquarters – Washington D.C., US
About International Court of Justice (ICJ):
♦ Headquarters - The Hague, Netherlands
♦ President - Judge Abdulqawi Ahmed Yusuf
Quick facts about International Shooting Sport Federation (ISSF):
♦ Founded in – 1907
♦ Headquarters – Munich, Germany
♦ Current President – Olegario Vazquez Rana
Quick Facts about World Health Organisation (WHO):
♦ Formed in – 1946
♦ Headquarters – Geneva, Switzerland
♦ Current Director General – Tedros Adhanom
Quick Facts about CII:
♦ Formed in – 1985
♦ Headquarters – New Delhi
♦ Current President – Shobana Kamineni
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Quick Facts about World Bank:
♦ Formed in – 1945
♦ Headquarters – Washington D.C., US
♦ Current President – Jim Yong Kim
Quick Facts about World Trade Organisation:
♦ Formed in – 1995
♦ Task – Regulation of International Trade
♦ Headquarters – Geneva, Switzerland
♦ Current Director General – Robert Azevedo
About IACP (International Association of Chiefs of Police):
♦ President - Louis M. Dekmar
♦ Headquarters - Alexandria, Virginia, United States
About International Criminal Court (ICC):
♦ Seat - The Hague, Netherlands
♦ President - Judge Chile Eboe-Osuji
Quick Facts about Asian Development Bank (ADB):
♦ Formation Year – 1966
♦ Headquarters – Manila, Philippines
♦ Current President – Takehiko Nakaho
About Bureau of International Recycling (BIR):
♦ President - Ranjit S. Baxi
♦ Location - Brussels, Belgium
Quick Facts about G20 (Group of Twenty):
♦ Founded in – 1999
♦ Purpose – Forum to deliberate upon key issues affecting the global economy
♦ Members
Countries: Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, It
aly, Japan, Mexico, Russian Federation, Saudi Arabia, South Africa, South
Korea, Turkey, United Kingdom, United States, and the European Union
Quick Facts about International Energy Agency (IEA):
♦ Established in – 1974
♦ Secretariat – Paris, France
Banking Terminology Abbreviations
1. Interest Rate Futures (IRFs).
2. Micro, Small and Medium Enterprises (MSMEs)
3. Income Recognition and Asset Classification (IRAC)
4. European Bank of Reconstruction and Development (EBRD)
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5. Small Industries Development Bank of India (SIDBI)
6. International Solar Alliance (ISA)
7. African Development Bank (AfDb)
8. Asian Development Bank (ADB)
9. Asian Infrastructure Investment Bank (AIIB
10. Green climate fund (GCF)
11. New Development Bank (NDB)
12. Know Your Customer (KYC)
13. marginal cost of funds based lending rate (MCLR)
14. Indian Renewable Energy Development Agency (IREDA)
15. European Investment Bank (EIB)
16. Insolvency and Bankruptcy Board of India (IBBI)
17. Average Monthly Balance (AMB)
18. basic savings bank deposits (BSBD)
19. Securities and Exchange Board of India (SEBI)
20. exchange traded currency derivatives (ETCD)
21. Universal Commodity Exchange (UCX)
22. Stockholm International Peace Research Institute (SIPRI).
23. India Mortgage Guarantee Corporation (IMGC)
24. Statement of Intent (SoI)
25. Unified Payment Interface (UPI)
26. Cash Deposit Machines (CDM)
27. National Pension Scheme (NPS)
28. gpi (Global Payment Innovation)
29. SWIFT (Society for World Interbank Financial Telecommunication System platform)
30. Credit Guarantee Fund for Education Loans (CGFEL)
31. Choice Based Credit System (CBCS).
Other Abbreviations:
32. Khadi and Village Industries Commission (KVIC)
33. Defence Acquisition Council (DAC)
34. National Financial Reporting Authority (NFRA).
35. Women and Child Development (WCD).
36. Bharati Defence and Infrastructure Ltd (BDIL)
37. National Institute of Fashion Technology (NIFT)
38. Association of Southeast Asian Nations (ASEAN).
39. Vietnam Atomic Energy Institute (VINATOM)
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40. Global Centre for Nuclear Energy Partnership, India (GCNEP)
41. Indian Council of Agricultural Research (ICAR)
42. National Centre for Promotion of Employment for Disabled People (NCPEDP)
43. ENCORE (Eastern Naval Command Operational Readiness Exercise)
44. Computer Emergency Response Team (CERT)
45. Impacting Research Innovation and Technology (IMPRINT)
46. Public Distribution System (PDS)
47. Federation of Indian Chambers of Commerce and Industry (FICCI).
48. Animal Welfare Board of India (AWBI)
49. Airports Authority of India (AAI)
50. World ATM Congress (WATMC)
51. Civil Air Navigation Services Organization (CANSO)
52. Air Traffic Control Association (ATCA).
53. Gas Authority of India Ltd. (GAIL)
54. Airport Service Quality (ASQ)
55. District Level Executive Committee (DLEC)
56. Pradhan Mantri Bhartiya Janaushadhi Pariyojana (PMBJP)
57. Energy Efficiency Services Limited (EESL)
58. ITBP (Indo-Tibetan Border Police).
59. National Nutrition Mission (NNM)
60. International Energy Agency (IEA)
61. Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP)
62. Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA).
63. International Shooting Sport Federation (ISSF)
64. National Crime Records Bureau (NCRB)
65. National Investigation Agency (NIA),
66. Central Bureau of Investigation (CBI)
67. Narcotics Control Bureau (NCB).
68. Confederation of Indian Industry (CII)
69. Genetic Engineering Approval Committee (GEAC)
70. Field Inspection and Scientific Evaluation Committee (FISEC)
71. India-based Neutrino Observatory (INO)
72. International Association of Chiefs of Police (IACP)
73. World Economic Forum (WEF)
74. ‘Sustainable Action for Transforming Human Capital in Education (SATH-E)’
75. Committee for Development Policy (CDP)
76. least developed country (LDC)
77. United Nations Relief and Works Agency for Palestine Refugees (UNRWA)
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78. Regional Integrated Multi-hazard Early Warning System’ (RIMES).
79. CISF (Central Industrial Security Force)
80. Unit Trust of India Asset Management Company (UTIAMC)
81. North East Tourism Development Council (NETDC)
82. North Eastern Council (NEC)
83. North Eastern Region Community Resource Management Project (NERCORMP)
84. North East Rural Livelihood Project (NERLP).
85. Federation of Indian Mineral Industries (FIMI)
86. Festival of Innovation and Entrepreneurship (FINE)
87. Indira Gandhi National Centre for the Arts (IGNCA).
88. Indian Council of Forestry Research and Education (ICFRE),
89. India-Africa Forum Summit (IAFS)
90. North-East Industrial Development Scheme (NEIDS)
91. Indian Sign Language Research & Training Centre (ISLR&TC)
92. Narcotics Control Bureau (NCB)
93. National Sikh Campaign (NSC),
94. South Western Air Command (SWAC)
95. National Council of Educational Research and Training (NCERT)
96. ‘National Rural Drinking Water Programme (NRDWP)’