Current Affairs Today – December, 18th, 2017 | Latest News and Updates

INDIAN AFFAIRS

PM Dedicates Tuirial Hydropower Project to the Nation

PM Dedicates Tuirial Hydropower Project to the Nationq

  1. Prime Minister Narendra Modi has inaugurates the 60 MW Tuirial Hydro Electric Power Project (HEPP) for the country on Saturday. An official statement said the Prime Minister has also be going to launch the ‘MyDoNER App’ and will distribute cheques to start-up entrepreneurs in Aizawl.
  2. Tuirial HEPP has been established as the central sector project and implemented by North Eastern Electric Power Corporation (NEEPCO), under the administrative control of the Ministry of Power, Government of India.
  3. A Power Ministry statement said; “After completion of about 30 per cent of the project activities, the works were totally suspended from June 2004 due to local agitation. With sustained efforts by NEEPCO and with the active support of the Ministry of Power and Ministry of DoNER, Government of India and Government of Mizoram, the stalled works of the project were resumed in January 2011.”
  4. Tuirial HEPP is the biggest power project located in Mizoram and will feed the entire energy to be generated to the home State. The State’s current demand of electricity is 87 MW and this is being met by the mini power projects and availability of its share of power from central sector projects.

 

President of India Lays Foundation Stone of ‘NYAYA GRAM’ Project

President of India Lays Foundation Stone of ‘NYAYA GRAM’ Project

  1. The President of India, Shri Ram Nath Kovind, has established the Nyaya Gram project of the High Court of Allahabad today (December 16, 2017) in Allahabad.
  2. On the event of the establishment of the Nyaya Gram he said that the freedom of the judiciary is a cornerstone of our democracy. A fearless and independent judiciary enhances India’s credibility.
  3. The President said, “Citizens have faith in the judiciary. Yet common people tend to avoid knocking on its door. It is important to change this situation. On all of us lies the responsibility of providing justice on time, making the justice system less expensive, providing judgments in a language understandable to the common citizen, and ensuring justice for women and weaker sections in society.”
  4. The President said, “It is necessary to strengthen judicial infrastructure. He expressed hope that the Nyaya Gram project would prove to be a milestone in fulfilling the requirements of the Allahabad High Court.”
  5. The President said, “Training of judicial officers is very important to improve the efficiency and quality of the lower courts. He noted that there is a plan to establish a judicial academy on the Nyaya Gram campus. He expressed confidence that this judicial academy will make a significant contribution to the capacity of the lower judiciary in Uttar Pradesh.

 

Third World Telugu Conference Begins in Hyderabad

Third World Telugu Conference Begins in Hyderabad

  1. The creation of the language that can be extended by the time and geographical spread, and the way it is enriched with literary influences from varied sources. In the term of the say that it has the right of the grammatical construct contributes to its longevity.
  2. Ayachitam Sridhar, chairperson at Telangana Grandhalaya Parishat and a core committee member of Telangana Sahitya Akademi said, “Telangana, the state, the culture and its history, has been neglected and an aspect of secondary importance for long. I believe this event is a foundation to revive its significance on a global scale. The beauty and essence of the land lies in its folklore and we feel it our duty to ensure its wide reach. We are Telugu people and respect our identity, but the focus on Telangana is much-needed this time.”
  3. Poet and chief organiser of the World Telugu Conference 2017 Nandini Siddareddy clarifies, “The initial efforts to propagate Telugu literature happened through this land — Telangana is a word that originated from Telangu ganamu. The language originated in this land and spread to various quarters of the country. The formation of Telangana state, and efforts to revive long-lost traditions will hopefully be fulfilled through this conference.”
  4. “It’s also important to look at Telangana and its literature apart from the movements, and respect that its readers appreciate life in many dimensions and rasas, with poetry surrounding nature, philosophy and brotherhood. We are releasing a book that celebrates this facet of Telangana literature. Youngsters are interested in literature, technological advancements and social media have helped in this, though the depth and intellect in it has taken a toll. Events like these aim at streamlining their potential,” he adds.

 

‘Youthquake’ Named Word of the Year by Oxford Dictionaries

  1. Oxford Dictionaries has given the post of the “youthquake” as its word of 2017 in a nod to the unexpected level of youth engagement in this summer’s election in the United Kingdom.
  2. An amalgamation of “youth” and “earthquake”, the noun is defined as “a significant cultural, political, or social change arising from the actions or influence of young people.”
  3. “At a time when our language is reflecting a deepening unrest and exhausted nerves, it is a rare political word that sounds a hopeful note. Hope that our polarized times are creating a more open-minded electorate that will exercise its voice in the times ahead,” she wrote.
  4. The other words in this year’s shortlist were “antifa,” “broflake,” “newsjacking,” “white fragility,” “gorpcore,” “kompromat,” “Milkshake Duck,” and unicorn.
  5. Angus Stevenson, Head of Content Development for Oxford Dictionaries, told CNN: “We also felt it struck a more positive note than some of the other words on the shortlist — as Casper said, it’s great to have a word we can rally behind.”

 

Official Emblems for Beijing 2022 Winter Games Unveiled

  1. China has stated that it has started the Beijing 2022 Winter Olympics and Paralympics that has inspired by Chinese calligraphy on Friday, in a star-studded ceremony featuring songs from actor Jackie Chan and pianist Lang Lang.
  2. Speaking in a pre-recorded video message shown at the ceremony, IOC President Thomas Bach described the launch as a milestone for both China and the Olympic Movement: “The emblem is a symbol of ambitions and dreams. It will build excitement and anticipation in China and around the whole world for our shared goal of an outstanding Olympic Winter Games Beijing 2022.”
  3. He added that the emblem would provide “a common image for people throughout the globe to connect with. It stands for the vision of Beijing 2022, showcasing the best of China to the world, a unique blend of modern and ancient traditions. And, of course, bringing the joy of winter sports to a new generation in China and beyond.”
  4. Addressing the guests before the launch of the two emblems, Cai Qi said: “The two Beijing 2022 emblems vividly illustrate the vitality and passion of winter sports, the resilience of the participating athletes and the spirit and beauty of contemporary China. They also express the wishes and hopes of 1.3 billion Chinese people that Beijing 2022 is a success.”

 

INTERNATIONAL AFFAIRS

Nagaland passes resolution revoking women reservation in urban local bodies

Nagaland passes resolution revoking women reservation in urban local bodies

  1. The Nagaland Assembly on Friday has passed the bill of the resolution that has with the some of the provisions of 33 per cent reservation for women in urban local bodies.
  2. In that, there has been the revoke of the Assembly resolution of November 26, 2016 allowing reservation for women in the urban local bodies. Before the adoption of the resolution today, the legislators deliberated on the necessity to revoke women reservation.
  3. MLA Neiba Kronu asked whether Article 243(T) of the Constitution, which grants 33 per cent women reservation in the ULBs, infringes on the special provisions granted to Naga people under Article 371(A) of the Constitution or not.
  4. He said, “Revocation of women reservation does not mean the rights of women are ignored but the Assembly can make special law granting special rights to the women to participate in the ULBs without reservation.”
  5. Minister Imkong L Imchen said, “Article 243(T) specifically deals with women reservation and it directly or indirectly infringes upon 371(A) because of which the tribal organisations and civil societies have been pressuring the government to revoke it.”

BANKING AND FINANCE

Income Inequality Highest in India Since 1980s

Income Inequality Highest in India Since 1980s

  1. In India there has been the inequality has been reached at the top from the 1980s when economic and trade liberalisation began in the country, with the top ten percent of the population accounting for 56% of the national income in 2014, says a new report on income inequality across the world by the World Inequality Lab.
  2. According to the report, “Inequality within the top ten percent group was also high. The higher up the Indian income distribution one looks, the faster the rise in their share of the national income has been since the early 1980s.” “The income share of India’s top one percent rose from nearly six percent in 1982-1983 to above ten percent a decade after, then to 15% by 2000, and further still to around 23% by 2014,” says the report.
  3. According to the report, “An even stronger increase in the share of national income was experienced by the top 0.1% and the top 0.01%, whose shares grew fivefold and tenfold, respectively, from 2% and 0.5% to almost 10% and 5%, between 1983 and 2014. Income growth rates at the very top were extreme.”
  4. “These evolutions are consistent with the dynamics of Indian wealth inequality, which exhibits a strong increase in the top ten percent wealth share in the recent period, in particular after 2002. Highly unequal income growth at the top mechanically drives wealth inequality across the population, which in returns fuels income concentration,” the report says.

 

Jammu and Kashmir Bank launched a special financial scheme for journalists of the state. The scheme “J&K Bank Sahafat Finance Scheme” was launched by the bank’s chairman and CEO Parvez Ahmad

Jammu and Kashmir Bank launched a special financial scheme for journalists of the state. The scheme “J&K Bank Sahafat Finance Scheme” was launched by the bank’s chairman and CEO Parvez Ahmad

  1. The bank’s chairperson and CEO Parvez Ahmad launched the scheme “J&K Bank Sahafat Finance Scheme”. Jammu and Kashmir Bank on Thursday launched a special financial scheme for journalists of the state.
  2. Speaking on the occasion, Parvez Ahmad said, “The time has come when, apart from empowering the state government employees, financial assistance is needed to be provided to the other sections of the society as well.”
  3. “The kind of courage, zeal and enthusiasm shown by the journalist fraternity over a period of time, it is time to recognise this sector as a viable economic sector and make it financially comfortable,” he said.

 

Science and Technology

SpaceX launches used rocked and spacecraft for first time

SpaceX launches used rocked and spacecraft for first time

  1. SpaceX has used the old and last time used spaceship for the launch supplies for NASA to the International Space Station on Friday morning, this lunch of the used material was the first time in the history of the agency or any U.S. government agency — used one of the Hawthorne company’s used rocket boosters.
  2. The booster of the first has been comes on Friday previously flew in June for another space station resupply mission. The Dragon spacecraft last flew in 2015.
  3. Friday’s flight also marked the first time SpaceX has launched from Space Launch Complex 40 at Cape Canaveral Air Force Station in Florida since a launch pad explosion in September 2016 destroyed a Falcon 9 rocket and commercial communications satellite.
  4. John Muratore, director of Complex 40, told reporters last week that the company spent about $50 million to repair and upgrade the launch pad, including new automated features to quicken turnaround time between launches and changes to the flame trench to enable longer rocket static fires.

KEYS:

  1. Space Exploration Technologies Corp., doing business as SpaceX, is an American aerospace manufacturer and space transport services company headquartered in Hawthorne, California
  2. Founder: Elon Musk
  3. Founded: 2002
  4. CEO: Elon Musk (2002–)
  5. Headquarters: Hawthorne, California, United States
  6. Number of employees: 7,000
  7. Type of business: Privately held company

SPORTS

Official emblems for Beijing 2022 Winter Games unveiled

Official emblems for Beijing 2022 Winter Games unveiled

  1. China has stated that it has started the Beijing 2022 Winter Olympics and Paralympics that has inspired by Chinese calligraphy on Friday, in a star-studded ceremony featuring songs from actor Jackie Chan and pianist Lang Lang.
  2. Speaking in a pre-recorded video message shown at the ceremony, IOC President Thomas Bach described the launch as a milestone for both China and the Olympic Movement: “The emblem is a symbol of ambitions and dreams. It will build excitement and anticipation in China and around the whole world for our shared goal of an outstanding Olympic Winter Games Beijing 2022.”
  3. He added that the emblem would provide “a common image for people throughout the globe to connect with. It stands for the vision of Beijing 2022, showcasing the best of China to the world, a unique blend of modern and ancient traditions. And, of course, bringing the joy of winter sports to a new generation in China and beyond.”
  4. Addressing the guests before the launch of the two emblems, Cai Qi said: “The two Beijing 2022 emblems vividly illustrate the vitality and passion of winter sports, the resilience of the participating athletes and the spirit and beauty of contemporary China. They also express the wishes and hopes of 1.3 billion Chinese people that Beijing 2022 is a success.”

OBITUARY

CSX CEO Hunter Harrison Dies at 73, Company Confirms

CSX CEO Hunter Harrison Dies at 73, Company Confirms

  1. CSX CEO Hunter Harrison has died, at the age of 73 years, the company announced on Saturday.
  2. His death has been announced just after the announcement in the company has done that he is getting the leave for the medical, causing shares in the nation’s third-largest railway carrier to plummet. Harrison died in Wellington, Fla., from “unexpectedly severe complications from a recent illness,” according to CSX’s announcement.
  3. “With the passing of Hunter Harrison, CSX has suffered a major loss,” Chairman of the CSX Board of Directors Edward Kelly III said in a statement. “Notwithstanding that loss, the Board is confident that Jim Foote, as acting Chief Executive Officer, and the rest of the CSX team will capitalize on the changes that Hunter has made. The Board will continue to consider in a deliberative way how best to maximize CSX’s performance over the long term.”

IMPORTANT DAYS

International Migrants Day

International Migrants Day

  1. International Migrants Day is an international day that is celebrated on 18 December as International Migrants Day annually and that has appointed by the General Assembly of United Nations on 4 December 2000 taking into account the large and increasing number of migrants in the world.
  2. On 18 December in the year 1990, the General Assembly has got the international convention on the protection of the rights of migrant workers and members of their families.
  3. This day is celebrated in many of the countries, intergovernmental and non-governmental organizations through the dissemination of information on human rights and fundamental political freedoms of migrants, and through sharing of experiences and the design of actions to ensure the protection of migrants.

Sandeep Kumar

Hi Guys, I am Sandeep Co-founder of IASpaper and UPSCToday Staying in Mumbai (India) and pursuing graduation in Computer Science and Engineering from Mumbai University. I love helping Aspirants. You may join me on Facebook

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