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www.aspirantszone.com A2Z May 2017 Current Affairs PDF

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May 2017

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MOU/Agreement Countries

1 India Malaysia development of a urea and ammonia manufacturing plant in the southeast Asian

country.

2 India Japan Railway Safety

3 India Spain Cooperation in area of Civil Aviation

4 India Spain cooperation in the field of Organ Transplant Services

5 India Germany cooperation in the sector of alternative medicine

6 India Japan to set up a USD 250 million LNG import terminal in Sri Lanka

7 India Mauritius to cooperate in stepping up vigil against conventional and non-conventional threats in

the Indian Ocean.

India also agreed to provide a Line of Credit of USD 500 million to Mauritius for various

projects.

MOU Industry/States/Others

1 Defence Services Staff

College (DSSC), Tamil Nadu

Defence Services Command and

Staff College (DSCSC), Mirpur,

Dhaka

on cooperation concerning military education in

the field of strategic and operational studies.

2 Andhra Pradesh California, Iowa, Illinois sister state agreements

3 Maharashtra WHO for eradication of Rubella measles

4 Chhattisgarh government,

United Nations and Indian

Institute of Information

Technology -IIIT

tripartite agreement for setting

up an innovation lab.

5 Union Ministry of Road

Transport & Highways

Union Skill Development

Ministry

to set up 100 driver training institutes.

6 Department of Industrial

Policy and Promotion (DIPP)

World Intellectual Property

Organisation (WIPO)

to establish Technology and Innovation Support

Centres (TISC) that would help innovators in

developing countries exploit their potential.

7 Cashkaro.com YES Bank to launch India s first Card Linked Offers (CLO)

cash-back proposition.

8 Cholamandalam Investment

and Finance Company Ltd

Housing and Urban

Development Corporation Ltd

(HUDCO)

to offer loans for customers under the Credit

Link subsidy scheme.

9 Cisco Andhra Pradesh to make starting a small business easy.

10 Ola Airtel Payments bank Ola will integrate Airtel Payments bank to its app

and Airtel will integrate Ola s mobile wallet Ola

Money as a payment solution on Airtel website

and MyAirtel app for mobile recharges and bill

payments.

11 Oracle Jharkhand for cloud-based citizen services

12 IIT Kharagpur British Geological Survey to turn Varanasi into smart city





13 NASA ISRO inspect the excavation being carried out at an

archaeological site in Haryana s Fatehabad

district to verify claims of it being the oldest

civilisation in the world.

14 Mswipe PayU for digital payments in India

15 National Defence College,

New Delhi

National Defence College,

Dhaka, Bangladesh

for enhanced cooperation in the field of military

education concerning strategic and operational

studies

16 BSNL Disney Land India to provide premium online gaming services to

mobile customers of the telecom operator.

17 BSNL MobiKwik Co-create mobile wallet and digital sale of BSNL

Sim cards

18 BSNL Facebook provide connectivity for the social network s

Express Wi-Fi Program .

19 Ola Google launched Progressive Web App (PWA)

20 Karnataka Bank Ltd Life Insurance Corporation (LIC) for selling life insurance products of LIC.

21 Bank of Baroda IFFCO co-branded debit cards for farmers

22 Karnataka Bank HDFC Asset Mgmt to sell the mutual fund products of HDFC Capital

Asset Management Ltd (HDFCAML).

23 ISRO NASA to build Earth – imaging satellite NISAR (NASA-

ISRO Synthetic Aperture Radar). This earth

monitoring satellite is scheduled to be launched

in 2021.

24 BSNL Inmarsat Open a new Indian GSPS gateway to enable the

government and the private sector customers to

access satellite phone services

25 ISRO Amul for fodder acreage estimation using space

technology

26 Asian Development Bank

(ADB)

Punjab National Bank (PNB) 100 million loan to finance Solar Rooftop

projects in India

Appointments and Resignations

S.No Name Post Institution

1 Shobana Kamineni President Confederation of Indian Industry (CII)

2 Mallikarjun Kharge Chairman Public Accounts Committee (PAC)

3 Braj Bihari Kumar Chairman Indian Council of Social Science Research (ICSSR)

4 Emmanuel Macron President France

5 Sanjay Mitra Defence Secretary

6 Mr. Anthony Lianzuala Controller General of Accounts (CGA)

7 Moon Jae-in President South Korean

8 Venu Rajamony India s ambassador Netherlands





Taranjeet Singh Country Director for

India

Twitter

9 Mark Lowcock Chief UN Humanitarian Aid

10 Hubert Minnis Prime Minister The Bahamas

11 Mukul Mudgal Chairman FIFA's governance committee

12 Edouard Philippe Prime Minister France

13 Renu Satti CEO PayTm Payments Bank

14 Hassan Rouhani President Iran

15 Tedros Adhanom Director-General World Health Organization (WHO)

16 Sanjay Mitra Defence Secretary

17 Rajan Anandan Chairman Internet and Mobile Association of India (IAMAI)

18 Lenin Moreno President Ecuador

19 Anurag Tripathy Secretary CBSE

20 Tapan Ray Secretary Department of Economic Affairs

21 Rakesh Kapur Chairman International Fertilizer Association (IFA)

22 Syed Ghayorul Hasan Rizvi Chairman National Commission for Minorities

23 Amitabh Bachchan has been appointed by the World Health Organisation as its Goodwill Ambassador for

Hepatitis in South-East Asia Region to spread awareness about the disease.

24 P.V Sindhu elected to BWF Athletes Commission. (Saina Nehwal is also a member)

Resignations/Terminations

1 Nepal Prime Minister Pushpa Kamal Dahal resigns

Awards and Recognitions

S.No Award Name Person/Institution Extra Knowledge

1. Fellowship award at The Asian Awards Sachin Tendulkar

2. Avvaiyar Award for 2017 Padma Venkataraman

3. Order of Diplomatic Service Merit

Sungnye Medal

Rajive Kaul

(Chairman of Nicco group)

By Republic of Korea

4. Transformative Chief Minister Award Chandrababu Naidu CM of Andhra Pradesh

5. MSME Banking Excellence Awards

2016

Village Financial Services under the category Best NBFC-

MFI for Promotional Schemes .

6. honorary D Litt Amol Palekar, Nirmala Mishra,

Sirshendu Mukhopadhyay

by Rabindra Bharati University

7. Rising Star Award at 7th Annual Asian

Awards

Sunny Pawar

8. Wisden-MCC Cricket Photo of the

Year award 2016

Saqib Majeed

9. Award for outstanding

achievement(7th annual Asian

Awards)

Om Puri (Posthumously)

10. The Best Film Award At The New York

Indian Film Festival

Mukti Bhawan Director- Shubhashish Bhutiani





11. Award for the Best Actor category at

the MTV Movie and TV Awards.

Emma Watson (first-ever Genderless Acting

Award)

12. Best Actress at New York Indian Film

Festival

Konkona Sen Sharma For- Lipstick Under My Burkha

13. Best Director at New York Indian Film

Festival

Konkona Sen Sharma For- A Death in the Gunj

14. Footballer of the Year by Football

Writers

N Golo Kante French professional footballer

plays for Chelsea

15. Woodrow Wilson Award for global

corporate citizenship

Chanda Kochhar MD and CEO of ICICI Bank

16. first Bhairon Singh Shekhawat Lifetime Pawan Kumar Chamling C.M of Sikkim

17. Indian National Science Academy

(INSA) award in the Young Scientist

category for 2017

Aravind Kumar Rengan (Professor at IIT- Hyderabad)

18. Indira Gandhi Prize for Peace,

Disarmament and Development for

2014

ISRO

19. Whitley Awards/ Green Oscar Sanjay Gubbi of Karnataka and

Purnima Barman of Assam

20. Dan David Prize Shrinivas Kulkarni

21. Mark Twain Prize 2017 David Letterman

22. CEO of the Year award in UK Sanjeev Gupta

23. TM Forum s Digital Service Innovator

of the Year Award 2017

Reliance Jio

24. Dag Hammarskjold Medal Rifleman Brijesh Thapa and Ravi

Kumar

25. International Humanitarian Award Jacqueline Fernandez at the second annual Asian

Voice Charity Awards held in

London

26. WWF International President s Award Rohan Chakravarty (wildlife and

environment cartoonist from India)

President of WWF?- Yolanda

Kakabadse

27. Product of the Year 2017, for product

innovation in the insurance category

Aviva Heart Care, 2 Hearts, 1 Plan

28. International Cricketer of the Year

award at the CEAT Cricket Rating

(CCR) International awards 2017

Ravichandran Ashwin

29. 29th African Union (AU) summit Addis Ababa, Ethiopia

30. Porter Prize 2017 Entrepreneurship Development

Institute of India (EDII), Gujarat and

ITC Limited

31. FICCI Smart Policing Award 2017 Pune City Police

32. International Acclaimed Actress

Award

at Dadasaheb Phalke Academy Award

Priyanka Chopra

33. Sangeet Natak Akademi Puraskar 2016 Satyabrata Rout

34. Akademi Ratna (Sangeet Natak Dr Sunil Kothari





Akademi)

35. Best Natural Attraction in India Lake Pichola (Rajasthan) By HolidayIQ

36. European Golden Shoe for 2016-17 Lionel Messi Lionel Messi has won this

award for 4th time, equaling

the record of Ronaldo

37. HR Innovation of the Year at Asia-

Pacific Excellence Awards

Tata Motors

38. 2017 PEN/Malamud Award Jhumpa Lahiri Some famous books of Jhumpa

Lahiri: Interpreter of Maladies,

The Namesake, Unaccustomed

Earth, The Lowland, In Other

Words and The Clothing of

Books

39. All I Want , an Indian film directed by Venika Mitra, has won at Beyond Borders Diversity of Cannes Short Film

Showcase — an event independent of the ongoing 70th Cannes Film Festival.

40. The Paradip Port Trust has been awarded by the Union Shipping Ministry for witnessing the second highest

growth in traffic for FY17.

Conference and Summits

S.No Summit Place Extra Knowledge

1 2017 Global Mobile Internet Conference Beijing, China

2 4th National Standards Conclave New Delhi

3 International Permaculture conference Hyderabad

4 World Telugu Conference Hyderabad

5 Safe Road & Inter State Highways Transforming India

(SRISHTI) Exhibition and

The Highway Saga: Past Present & Future Exhibition

and

India Integrated Transport and Logistics Summit

(IITLS)

New Delhi

6 1st International Young Author Awards 2017 Dubai

7 Eighth conference of head of missions New Delhi Theme: Effective Diplomacy,

Excellent Delivery.

8 15th edition of WFH International Musculoskeletal

Congress (IMC)

Seoul

9 India-Pacific Islands Sustainable Development

Conference

Suva, Fiji

10 19th India-Italy Joint Commission for Economic

Cooperation

Rome, Italy

11 first meeting of the National Steering Group of NITI

Aayog

New Delhi held under the co-

chairmanship of Amitabh Kant

and Ratan Watal

12 G20 Labour & Employment Ministers Germany

13 2017 Arctic Energy Summit (AES) Finland





14 70th World Health Assembly (WHA) Geneva, Switzerland

15 2nd India-OPEC Institutional Dialogue Vienna, Austria

16 3rd Regional Comprehensive Economic Partnership

(RCEP) Inter-sessional Ministerial Meeting

Hanoi, Vietnam

17 2017 North Atlantic Treaty Organization (NATO) Brussels, Belgium

18 2017 Global Platform for Disaster Risk Reduction Cancun, Mexico

19 52nd Annual Meetings of the African Development

Bank (AfDB)

Gandhinagar, Gujarat

20 India-Pacific Islands Sustainable Development

Conference

Suva, Fiji

21 43rd G7 Summit Taormina, Sicily, Italy Theme: Building the

foundations of renewed trust.

22 International Conference On Peace And Conflict

Management on June 6, 2017

Kabul, Afghanistan

International News

China and Europe are planning to build the first-ever moon village

Dubai becomes first city to get its own Microsoft font

World s first quantum computing machine made in China

China to Launch its Own Encyclopaedia as a Rival to Wikipedia

UN owes India $55 mn for peacekeeping operations.

India will organise cultural festival in Egypt to mark 156th birth anniversary of Rabindranath Tagore.

India unanimously elected to head UN-Habitat, the United Nations Human Settlements Programme

India to boycott China s Belt and Road Forum, BRF, beginning in Beijing.

The World Health Organization (WHO) has declared an Ebola outbreak in the Democratic Republic of Congo.

Henderson Island (a remote island in the South Pacific) is the most polluted on earth: Institute for Marine and

Antarctic Studies (IMAS)

Headquarters of the OIC Independent Permanent Human Rights Commission Headquarters (IPHRC) inaugurated in

Jeddah, Saudi Arabia

India has launched the process to export Ujala to the United Kingdom with affordable Made in India LED bulbs.

Azraq (Jordan) has become the world s first refugee camp powered by renewable energy.

National News

Prime Minister of Sri Lanka, Ranil Wickremesinghe on 5 day visit to India.

President of Cyprus Nicos Anastasiades has arrived in India on a 5-day visit

Turkish President Erdogan to arrive New Delhi on Sunday on 2-day India visit

Centre to set up Rashtriya Swachhata Kendra at Rajghat, Delhi

3rd edition of the Swachh Survekshan. Cleanest City- Indore, MP ; Dirtiest City- Gonda, UP

Central Reserve Police Force (CRPF) has shifted its strategic anti-Maoist command headquarters from Kolkata to

Chhattisgarh.

President of Palestine Mahmoud Abbas on a 4-day visit to India.





As per a joint report by CRISIL and PFRDA titled Financial Security for India s Elderly—The Imperatives by 2050

every 5th Indian will be in their 60s.

Palestine President Mahmoud Abbas four day visit to India.

The India s first high-speed Tejas Express flagged off between Mumbai and Karmali in Goa.

Four African nations Djibouti, Cote d Ivoire, Somalia and Ghana have joined International Solar Alliance (ISA). ISA

HQ- Gurugram.

Govt. to set up state cancer institutes costing Rs. 100 crore

Mauritian Prime Minister Pravind Jugnauth will arrive in New Delhi on 26th May 2017 on a three-day state visit to

India.

Nauru (World s smallest nation) — has become the sixth country to ratify the International Solar Alliance (ISA)

Mauritius Prime Minister Pravind Jugnauth arrived in India for a three-day official visit.

India to have its own GPS system – NavIC- from 2018. NavIC- Navigation with Indian Constellation

India to be first in world to run all government ports on green energy. The government has planned to install

almost 200 megawatt solar and wind power generation capacity at the ports by 2019. All 12 major domestic ports

will soon switch to renewable energy

State News

Andhra Pradesh

Cabinet approves Vijayawada Airport as international airport

Andhra Pradesh s Banganapalle mango gets GI tag [Geographical Indications]

Andhra Pradesh Amends Act to appoint PV Sindhu as Group-1 officer

Arunachal Pradesh

Arunachal Pradesh Chief Minister Pema Khandu has released a documentary film titled Kaani: A Film on Opium .

(to create awareness on Drugs and its destructive effects.)

Arunachal Pradesh govt launches Deen Dayal Upadhyaya Swavalamban Yojana for local entrepreneurs. Under the

scheme, entrepreneurs are offered bank loan ranging from 10 lakh to one crore rupees with 30 per cent subsidy.

Assam

Centre declares entire Assam as disturbed area under Armed Forces (Special Powers) Act (AFSPA) for three more

months with effect from May 3, 2017.

India s longest bridge – the 9.15 km long Dhola-Sadiya bridge inaugurate by PM Modi in Assam. The bridge has

been constructed across the Rivers Brahmaputra and Lohit and connects Dhola with Sadiya in upper Assam s

Tinsukia district. The bridge will be named after renowned singer Bhupen Hazarika

Chhattisgarh

Chhattisgarh auctions India s most expensive limestone block.

Forested area in Durg, Chhattisgarh named after Anil Dave





Delhi

Delhi s taxi drivers have launched their own taxi app called Sewa Cab to take on Uber and Ola.

Delhi to host 3-day Indian Mobile Congress in September

Gujrat

Ahmedabad to host biggest ever International Yoga Day event on June 21, 2017

Vadodara has entered the Guinness Book of World Records for most people sweeping a single venue.

Haryana

Haryana government to offer meals at subsidised rates to registered construction workers under the Antyodaya

Anna Yojana, at 23 locations in the state.

Every house to get smart ID in Haryana

Haryana announces pension scheme for journalists above age of 60 years who have completed 20 years in

profession. Monthly pension of Rs 10,000 and life insurance cover of Rs 10 lakh and a cashless mediclaim policy of

Rs 500,000.

Himachal Pradesh

100 MW Sainj Hydroelectric Project in Kullu district would be commissioned partially in may 2017.

Jammu Kashmir

World s highest railway bridge to be built on Chenab River in Jammu & Kashmir. Currently the tallest is Beipan river

Shuibai railway bridge (China)

Centre has sanctioned Rs 200 crore for paying pending salaries of primary teachers in Jammu and Kashmir.

The J&K government has launched an e-clinics service for farmers with the aim to double farmers income by 2022.

Jharkhand

Jharkhand has decided to become the second state in the country to reschedule its financial year from January to

December.

BishuParv observed in Dalma Wildlife Sanctuary Jharkhand.

Madhya Pradesh

Madhya Pradesh becomes first state to adopt January-December fiscal year.

Madhya Pradesh Assembly declares Narmada living entity

Punj Lloyd Ltd and Israel Weapon Industries (IWI) has inaugurated the country s first private sector small arms

manufacturing plant at Malanpur in Madhya Pradesh. Total cost- Rs 200 crore

The Madhya Pradesh government has passed a resolution granting river Narmada the status of a living entity.

Prime Minister Narendra Modi has launched the Narmada Seva Mission for the conservation of the crucial river,

which is a lifeline of Madhya Pradesh.

M.P. govt bans sand mining in Narmada





Maharashtra

Maharashtra becomes first Indian state to use Automated Weather Stations. (Dongargaon in Nagpur)

India s second tallest flag pole has been inaugurated in Kolhapur, Maharashtra (303 feet). Tallest is 360 feet at

Indo-Pak Attari Border.

Country s first bio refinery plant inaugurated in Pune

Nagpur to get India s first electric radio cabs

ISKCON s Govardhan Eco Village wins Smart Village Award by India Trade Promotion Organisation (ITPO)

Govardhan Eco Village, set up by the International Society for Krishna Consciousness (ISKCON) has won Smart

Village Award

Mumbai airport has been crowned the world s busiest among the single-runway facilities as it overtakes London s

Gatwick airport.

Maharashtra Govt Forms Good Morning Squad To Monitor Open Defecation.

Maharashtra Chief Minister Devendra Fadnavis has launched a Shivar Samwad Sabha to reach out to farmers in

the state

Nagpur became India s first city with electric mass mobility system.

Manipur

Japan to build World War 2 museum in Manipur

The Manipur government has declared Dailong village of Tamenglong district as a Biodiversity Heritage Site of the

state.

Odisha

Odisha s Sualgiri, Swalgiri communities notified as Scheduled Castes

Punjab

Punjab govt makes Aadhar cards mandatory for all financial assistance schemes.

The Reserve Bank of India (RBI) has sanctioned more cash credit limit (CCL) for Punjab to a total of Rs 20,683 crore

for wheat.

Sikkim

Gangtok is northeast s cleanest city as per Swachh Survekshan-2017

Tamil Nadu

112 feet tall bust of Adiyogi Lord Shiva at the Isha Yoga Foundation in Tamil Nadu has been declared the world s

largest bust by the Guinness Book of World Records.

India s first ornamental fish tech park, Aquatic Rainbow Technology Park (ARTP) to come up in Chennai, Tamil Nadu

An 18-year-old boy (Riftah Sharook) from Tamil Nadu has created the world s smallest satellite, naming it

KalamSat . (Named after Sir APJ Abdul Kalam)





Telangana

Telangana has become the first state to introduce a logo for vehicles driven by persons with hearing impairment.

Hyderabad gets its first recycled bus stop made out of plastic bottles

Telangana hosted first Videsh Sampark. Telangana has become the first state in the country where the pilot e-

Sanad project for online attestation of documents, was rolled out.

Turbo Megha Airways of Hyderabad becomes first private airline to get UDAN licence

Uttar Pradesh

UP government has decided to celebrate January 24 as UP Diwas (UP Day)

National Basketball Association (NBA) has inaugurated its first ever academy in Noida, Uttar Pradesh.

Saturday to be no bag day at UP government schools

UP govt forms Maa committees to check mid-day meal quality

UP makes Aadhaar mandatory for taking board exams from 2018

UP Government launches Japanese Encephalitis (JE) vaccination drive in 38 districts of UP

West Bengal

West Bengal only state to not take part in Swachh Survekshan

Indian Institute of Engineering Science and Technology (IIEST), West Bengal has successfully created the country s

first smart grid project, which will generate power from renewable sources of energy.

India s first underwater tunnel, which was built under the Hooghly river for establishing a metro link in Kolkata, has

been completed before the deadline. The tunnel is 16.6kms, 10.8kms of which runs underground. And of 10.8kms,

502 metres under the water and the whole thing connects Howrah to the west and Salt lake to the east. Estimated

cost of the entire project is $750 million or about Rs 5,000 crores.

Finance and Banking News

The ICICI Group has made 100 villages digitally-enabled in 2017 and has announced its plans to transform 500 more

by the year-end.

Singapore based Fintech startup FinMomenta has launched Tachyloans , the first-of-its-kind integrated digital

lending platform in India for individuals as well as businesses.

Rate of interest on Floating Rate Bonds, 2024 fixed at 6.30% by RBI

Edelweiss Tokio launches India s first insurance that can be bought at PoS

RBI restricts loss making IDBI Bank from hiring, opening branches

Sebi allows subscription to MF schemes through e-wallets. Investors can invest up to Rs 50,000 per MF per financial

year through e-wallets.

Reserve Bank of India has put restriction on Uco Bank s lending and branch expansion plans as the state-run lender

made net losses for the two successive fiscal amid severe stress on asset quality.

Vijaya Bank plans nationwide rollout of debt swap scheme for farmers

Disha Microfin gets final nod from RBI for setting up small finance bank. The small finance bank will be called

Fincare Small Finance Bank and will commence operations in July.

India Ratings and Research has downgraded State-run IDBI Bank to AA from AA+ and gave a negative outlook

The Reserve Bank of India (RBI) has mandated that 25 per cent of the total number of banking outlets opened

during a financial year should be located in unbanked rural centres.





DBS Bank has become the first bank in India to adopt a new open architecture model with three life insurers on a

single platform. (With Tata AIA Life, Birla Sun Life and Aviva India Life).

HDFC Life launches AI-based insurance email bot SPOK

SBI introduces SBI Fastag for cashless drive through toll plazas. Works on works on Radio Frequency Identification

(RFID) technology.

Federal Bank, in association with Geojit, has launched a new trading platform called Selfie for customers.

Paytm launches Payments Bank, facilitates cashback on deposits. India s first bank with zero fee on online

transactions, no minimum balance and free virtual debit card. Headquarters- Noida.

The RBI has decided to reconstitute the oversight committee, OC, with more members after the government armed

it with additional powers to resolve bad loans with banks that have crossed Rs 8 lakh crore.

RBI allows co-operative banks to issue mobile wallets. Limit- Rs 10,000.

SBI launches national hackathon named Code For Banks

Moody s Investors Service has downgraded IDBI Bank s local and foreign currency bank deposit ratings to Ba2 from

Baa3.

All scheduled commercial banks (SCBs) wrote off Rs 2,25,180 crore cumulatively in the five-year period ended

March 2016, the Reserve Bank of India (RBI) said in an RTI reply filed by Times of India.

Govt selects 5 bankers to manage 3% stake sale in IOC (of around Rs 6,000 crore). The bankers are – Goldman

Sachs, Citigroup, Deutsche Equities, SBI Capital Markets and ICICI Securities. Government currently holds 58.28 per

cent stake in IOC

The Reserve Bank of India (RBI) has announced the introduction of currency notes in one rupee denomination,

printed by the Government of India. These currency notes are legal tender as provided in the Coinage Act 2011.

Exim Bank extends $500 m LoC to SBM (Mauritius) Infra

Business News

Centre sanctions Rs 588 cr as drought relief for Rajasthan

Apple Inc has become the first US company to top the $800 billion mark in market capitalization

Techmagnate acquires BlogX, the largest blog conference in India

Economy News

$ 770 bn black money entered India in 2005-2014: Global Financial Integrity (GFI)

Cabinet approves MoU on Third Line of Credit of US $ 4.5 billion to Bangladesh for implementation of

developmental projects

The Income Tax department has launched a new e-facility to link a person s Aadhaar with the Permanent Account

Number (PAN). It is a mandatory procedure for filing I-T returns.

The National Highways Authority of India (NHAI) has raised Rs. 3000 crore through Masala Bonds at London Stock

Exchange.

US Approves 75 Million Dollars Chemical Protective Gear For Indian Soldiers

Fitch affirms India s sovereign rating at BBB-

The revenue department has exempted residents of Assam, Jammu and Kashmir, Meghalaya, and citizens above 80

years from mandatory quoting of Aadhaar to obtain PAN cards and file tax returns.





Cabinet approves phasing out Foreign Investment Promotion Board. The work relating to processing of applications

for FDI and approval of the Government thereon under the extant FDI Policy and FEMA, shall now be handled by

the concerned Ministries/Departments in consultation with the Department of Industrial Policy & Promotion(DIPP),

Ministry of Commerce. There are 11 sectors that will need approvals (i.e they are not through automatic routes).

The FDI proposals above Rs 5,000 crore would continue to be cleared by the Cabinet Committee on Economic

Affairs.

The Employees Provident Fund Organisation has announced a hike in investment limit in Exchange Traded Funds

(ETFs) from 10% to 15 per cent.

Apps Launches/ Portal/Helpline APP/Portal Features/Use Tarang Sanchar portal

(Department of Telecom (DoT))

for Information sharing on Mobile Towers and EMF Emission Compliances.

Integrated Case Management

Information System (ICMIS)

To make Supreme Court paperless by e-filing

e-Krishi Samvad – online portal Launched by Union Agriculture and Farmers Welfare Ministry, for welfare

and development of agricultural stakeholders in India. By directly connecting

to the ICAR website, appropriate solutions from the subject experts and

institutes can be availed through web or SMS.

Investor Facilitation Platform

(Web Portal)

Launched by Department of Investment and Public Asset Management

(DIPAM). It will provide information about stocks of public sector units. It will

be an interactive forum for all stakeholders, including investors, investment

banks, law firms, public sector units and administrative ministries that are

involved in stake sales.

MHA Grievances Redressal App Launched by Ministry of Home Affairs (MHA). for grievance redressal of the

Central Armed Police Forces (CAPFs) personnel

BSFMyApp Launched by Ministry of Home Affairs (MHA). to cater to the requirement of

BSF personnel regarding Grievance Redressal as well as various other service

and welfare related issues of the Force personnel

Saral Eindhan Vitaran Application

(SEVA) dashboard

(App and Webportal)

monitor the movement of coal from mines allocated to the power sector.

DigiGST Tool

(EY)

to provide organisations with end-to-end Goods and Services Tax (GST)

compliance support.

Projects

Indian Space Research Organisation (ISRO) is all set to launch its most powerful launch vehicle, Geosynchronous

Satellite Launch Vehicle (GSLV) Mark III into space.

NASA to launch world s first mission into Sun s atmosphere in 2018. The space craft has been renamed from Solar

Probe Plus to Parker Solar Probe in honour of astrophysicist Eugene Parker.





Defence News

SpaceX has launched a spy satellite named NROL-76 for the US Department of Defence.

Indian Army successfully test-fires advanced Block-III version of Brahmos cruise missile from the Andaman and

Nicobar Islands.

India test-fires Agni-II ballistic Missile from Wheeler Island, off Odisha coast

cordon and combing operation has been launched by security forces in south Kashmir s Shopian district by seeing

the growing attacks on policemen and incidents of bank robberies.

Terminal High Altitude Area Defense (THAAD) missile defense system is now operational in South Korea.

The 29th India-Indonesia coordinated patrol or CORPAT has been commenced with an opening ceremony under

the Andaman and Nicobar Command.

Two minesweepers of Indian Navy, INS Karwar and INS Kakinada, have been decommissioned at the Naval

Dockyard in Mumbai.

India s INS Tarkash marks UK India Year of Culture

India and Australia will hold their second bilateral naval exercise AUSINDEX in June off the coast of Western

Australia.

India has test fired a surface-to-air missile Spyder from a test range in Odisha. Spyder (Surface-to-air PYthon and

DERby)

INS Darshak completes hydrographic surveys in Sri Lanka

Light Combat Aircraft (LCA) Tejas, successfully test fired Beyond Visual Range (BVR) air-to-air missile.

The 24th bilateral exercise SIMBEX-17 between Indian Navy (IN) and Republic of Singapore Navy (RSN) has

commenced in South China Sea.

The Annual Joint Humanitarian Assistance and Disaster Relief (HADR) Exercise named Karavali Karunya began at

Naval Station Karwar, Karnataka.

Israel Aerospace Industries has announced that it has won an additional, $630 million contract to supply air and

defence missile systems for four ships of the Indian Navy.

The Dubai police have officially inducted the world s first operational robot police officer into the force named

robocop .

Indo-Thailand Humanitarian Assistance and Disaster Relief (HADR) Table Top Exercise 2017 between the Indian Air

Force and Royal Thailand Air Force (RTAF) has concluded at Chiang Mai, Thailand.

Defence minister Arun Jaitley has inaugurated country s first of its kind Aeronautical Test Range (ATR), at

Chitradurga district in Karnataka. Rs 1,300 crore

Indian Navy frigate INS Ganga is placed in non-operational category from 28th May 2017, followed by

decommissioning, after 32 years of service.

Sports News

Tournament Winner Runner Up Barcelona Open Tennis title Rafael Nadal Dominic Thiem

Russian Grand Prix F1 Valtteri Bottas Sebastian Vettel

19th Asian Squash Championship (Female) Joshna Chinappa Dipika Pallikal Karthik

I-League title Football title Aizawl FC Mohun Bagan

Betfred World Snooker Championship 2017 Mark Selby John Higgins

26th Sultan Azlan Shah Cup Great Britain Australia (India was 3rd)





7th Junior Women s Hockey C ship Himachal Pradesh Mizoram

Spanish Grand Prix Lewis Hamilton Sebastian Vettel

Mutua Madrid Open Rafael Nadal Dominic Thiem

All India Open Rapid FIDE Rating Chess

Tournament

R.R. Laxman

Federation Cup Bengaluru FC Mohun Bagan

Italian Open s Men s Singles title (Tennis) Alexander Zverev Novak Djokovic

Asian Blitz Chess Championship R Vaishali

2017 IIHF Ice Hockey World Championship Sweden Canada

2017 Sudirman Cup (Badminton) South Korea China

Monaco Grand Prix Sebastian Vettel Kimi Raikkonen

Sports

Pankaj Advani wins silver at Asian Snooker Championship

Soumyajit Ghosh wins singles & doubles gold at Chile Open (Table Tennis)

Sunil Chhetri bags Hero of the League award

FIFA Ranking May 2017: Top- Brazil. India- 100th. India entered top 100 after 21 years. In 1996 it was at 94th rank

Shiva Thapa wins silver at Asian Boxing Championships

Grand Prix of Liberation Plezn 2017 shooting championships. India won 7 medals. Heena Sindhu won a bronze

medal

Devender Singh(Javelin Throw) qualified for the World Championships in London.

India s first ever boxing league to be held in New Delhi

Olive Ridley to be mascot of Asian Athletics Championships scheduled to be held at Kalinga Stadium in

Bhubaneswar

Indian women s team fast bowler Jhulan Goswami has become the highest wicket-taker in history of ODIs.

Harpreet Singh wins bronze at Asian Wrestling Championship.

VVS Laxman named an Honorary Life Member of MCC. He joined Sachin Tendulkar, Rahul Dravid and Sourav

Ganguly on the list.

Bajranj Punia has won the gold medal in men s 65kg freestyle categoryat the Asian Wrestling Championship. Sarita

Devi took silver in the women s 58 kilogram category. Sakshi Malik won Silver in 60kg category. Vinesh Phogat won

silver in freestyle 55kg finals.

Amul to sponsor New Zealand cricket team for Champions trophy

Ramudri Someswara Rao has won a gold medal in men s 200m T44 event at the 2017 World Para Athletics Grand

Prix in China.

Arjun Maini becomes first Indian driver to win a GP3 race

Ramit Tandon wins maiden PSA title.

Mumbai Indians beat Rising Pune Supergiant to win IPL 2017. Mumbai won this title for 3rd time.

Fencer C A Bhavani Devi wins gold at the Turnoi Satellite Fencing Championship at Reykjavik, Iceland. (First Indian

to win gold in this)

ESPN World Fame 100 list: Top- Cristiano Ronaldo; Four Indian in the list- Virat Kohli (13th – Top Indian), Mahendra

Singh Dhoni Yuvraj Singh and Suresh Raina





Schemes and Policy

Scheme Name Information Outlay Muktijodha scholarship scheme India will give Rs. 35 crore rupees to children of freedom

fighters in Bangladesh in the next five years.

Vidya Veerta Abhiyan

(Ministry of HRD)

a wall of valour will be built in colleges and universities

across the country and this will be built on contributory

funding by students and teachers on voluntary basis. Size of

wall- 15X20 feet. will depict the portraits of all the 21

Paramveer Chakra recipients.

One IP- Two Dispensaries

Scheme

(Labour and Employment

Ministry)

ESIC has given an option to an Insured Person (IP) to choose

two dispensaries, one for self and another for family

through an employer.

Aadhaar based Online Claim

Submission scheme

(Labour and Employment

Ministry)

all EPF Members who have activated their UAN and seeded

their KYC (Aadhaar) with EPFO will be able to apply for PF

final settlement (form19), Pension withdrawal benefit

(Form10-C) and PF part withdrawal (Form31) from the their

UAN Interface directly.

SARAL GST solution Reliance Corporate IT Park (RCITPL) has signed a

Memorandum of Understanding (MoU) with enterprise

application software major SAP SE to launch SARAL GST

solution for taxpayers.

Express WiFi service

(Facebook+Airtel)

offer Internet facility through public hotspots to users in

rural parts of India.

Deep Ocean Mission

(Ministry of Earth Sciences)

to carry out research to harness ocean resources in a

responsible manner .

Rs 10,000-crore

SAMPADA Scheme for Agro-Marine Processing and Development of

Agro-Processing Clusters

Rs. 6,000 crore

Darwaza Band Campaign

(Ministry of Drinking Water &

Sanitation)

o promote toilet use and freedom from open defecation

across the country s villages. supported by the World Bank

Committee

Head of Committee Purpose Dr. R. B. Barman Technical Committee to lay down Technical Standards for performance of core services

formed by IBBI

Arvind Panagriya task force to assess the extent of employment creation at different points of time,

based on credible data .

Madhav Chitale committee formed by Ministry of Water Resources River Development and Ganga

Rejuvenation to prepare guidelines for desiltation of river Ganga

Rajendra Shukla to suggest measures to prevent ecological damage Narmada river, considered as the

lifeline of the Madhya Pradesh.





Rankings

Index India’s Rank Other Information World Bank s electricity

accessibility ranking 2017

India- 26th

EY renewable energy

attractiveness index

India- 2nd Top- China

Healthcare access and quality

(HAQ) index of The Lancet

India- 154th Top- Switzerland

UNWTO international tourist

arrivals (ITA) barometer 2014

and 2015

India- 24th

Female participation in the

workforce (Report by World

Bank)

India- 120th

Loans from Banks

From To Amount Purpose AIIB Andhra

Pradesh

$ 160 million for a power project in Andhra Pradesh.

World Bank

(IBRD)

Himachal

Pradesh

USD 36

Million

Himachal Pradesh Public Financial Management Capacity

Building Program

Miscellaneous News

Prime Minister NarendraModi released a commemorative stamp on the 1,000th birth anniversary of Saint

Ramanujacharya on May 1, 2017 in New Delhi.

Union Cabinet approved National Steel Policy 2017 which aims to make India self sufficient in steel production.

Establishment of Steel Research and Technology Mission of India (SRTMI) to facilitate Research and Development

(R&D) in steel sector.

eVIN (Electronic Vaccine Intelligence Network) project of Union Health Ministry has become global best practise in

immunisation.

India's Geosynchronous Satellite Launch Vehicle (GSLV-F09) successfully launched the 2230 kg South |Asia Satellite

(GSAT-9). Cost: Rs 235 crore

The world s first ladies special suburban train today completed 25 years. (Mumbai s ladies special train)

Baahubali 2 becomes first Indian movie to earn Rs 1,000 crore. (Director: SS Rajamouli)

Government has asked all NGOs registered under the Foreign Contribution Regulation Act mandatorily have their

accounts in either Nationalised Banks or in a few private banks which have core banking facilities.

Rajnath Singh coins an acronym to wipe out left-wing terror- SAMADHAN

Indian Railways will float global tenders worth over Rs 100 crore for acquiring End of Train Telemetry (EoTT)

equipment to run 1000 trains without guards.





India has decided to replace the Maitri research station in Antarctica with a new one in the next three to four years.

(India has three stations in Antarctica- First - Dakshin Gangotri – 1983; Second - Maitri Station- 1989; Third- Bharati-

2012)

Calcutta HC s Justice Karnan gets 6 months in jail for contempt.

The Election Commission of India has launched National Contact Centre with a toll-free No. 1800111950.

Indian Space Research Organisation (ISRO) is all set to open an exclusive research centre in Hyderabad for start-ups,

academicians and entrepreneurs.

Shri J P Nadda launches Pneumococcal Conjugate Vaccine (PCV) under Universal Immunization Programme (UIP)

A massive ransomware Cyber Attack dubbed WannaCry targeted computers in 99 countries including India. Worst

hit country- Russia. India third on the list

Anshu Jamsenpa becomes first Indian woman to climb Mt. Everest four times

Union Science and Technology Minister Harsh Vardhan has been given additional charge of the Environment

Ministry following the death of Union Environment Minister Anil Madhav Dave.

The National Green Tribunal (NGT) has banned open defecation and dumping of waste on the floodplains of the

Yamuna river and announced an environment compensation of Rs. 5,000 for those violating the diktat.

NASA names a form of a bacteria – has been found only on the International Space Station (ISS) and has not been

found on earth, after Sir APJ Abdul Kalam. Name- Solibacillus kalamii.

Minister of Agriculture and Farmers Welfare Radha Mohan Singh has been given the additional charge of Ministry

of Consumer Affairs, Food and Public Distribution during the period of indisposition of Ram Vilas Paswan, who is

presently undergoing treatment abroad.

Swachh Bharat App has been launched in National Museum in Delhi under Ministry of Culture by the Minister of

State (I/C) for Culture & Tourism Dr. Mahesh Sharma.

Definition of startup changed. Earlier a company enjoy benefits for 5 years; Now period increased from 5 to 7 years.

Turn over should be less than Rs 25 crore. In the case of start-ups in the biotechnology sector, the period shall be

up to ten years.

Nepal s Kami Rita becomes third person to scale Mt. Everest 21 times

India s tourism growth reaches 15.4 %: Mahesh Sharma

Election Commission of India launced a special drive from June 1, 2017 for registration of eligible electors and

removing the discrepancies in the rolls Iin tune with the theme of – No voters to be left behind

Judy Malware hits 3.65 crore of Android users

Ministry of Earth Sciences to launch Deep Ocean Mission by January 2018

Deadlines/ Important Dates

What for Deadline/Date

Real Estate (Regulation and Development) Act – RERA has come into effect from May 1, 2017

Centre advances target of providing electricity to all from 2022 to December 2018

RBI has extended the last date for companies undertaking billing business under the

Bharat Bill Payment System (BBPS) till

December 31, 2017





Rankings (Persons,Cities,Organisations and Others)

Mumbai(15th) and Chennai(14th) have been named among the top 20 tourist destinations in the Asia Pacific

(APAC). Overall, Bangkok remains the most visited.

Hinduja Brothers (Srichand Hinduja and Gopichand Hinduja) topped the 2017 list of the richest people in the United

Kingdom (UK)

India has been ranked 3rd globally in number of startup incubators and accelerators after China and the US :

NASSCOM

Indians 6th biggest private spenders on health among low-middle income nations

As per Savills Tech Cities 2017 rankings, Bengaluru has been adjudged as the most affordable city having the lowest

cost of living.

Public Affairs Index-2017: Top State- Kerala; Last State- Bihar

Mukesh Ambani topped the Forbes second annual Global Game Changers list of 25 intrepid business leaders

unsatisfied with the status quo

Cleanest Railway Station: Vishakhapatnam Railway Station (Andhra Pradesh)

Dirtiest: Darbhanga Railway Station(Bihar) – List by Railway Ministry

Brand Finance most valuable Indian brands: Top- Tata group 2nd- Airtel; 5th- SBI.

India becomes second largest Steel producer replacing Japan. Top- China.

India ranks third in Internal Displacement Numbers released by Internal Displacement Monitoring Centre and the

Norwegian Refugee Council. Top- China (displaced due to conflict, violence and disasters in 2016)

HDFC was ranked seventh on the Forbes Global List 2017 in the consumer financial services sector. Top- American

Express.

World s most crowded cityby the World Economic Forum (WEF). Top- Dhaka, Bangladesh, 2nd- Mumbai; 7th- Kota

(Rajasthan)

2017 Forbes Global 2000 list: Top- Industrial and Commercial Bank of China (ICBC). Total 58 Indian Company. Top

Indian- Reliance Industries Ltd. (Rank- 106); SBI- 244

India retained its top position as the world s top most greenfield FDI investment destination attracting USD 62.3

billion in 2016, according to the fDi Report 2017

Traveller s Choice Top 10 Global Landmarks: Top- Angkor Wat in Siem Reap of Cambodia; Only Indian monument in

the list is Taj Mahal ranked at 5th spot.

Forbes Global List 2017 of companies in consumer financial services sector: Top - American Express. There are 56

companies in the list. HDFC ranked at 7th

India s most profitable state-owned company- Indian Oil Corporation (IOC).

India s most profitable company FY17-Reliance Industries

As per Asia Pacific Tax Complexity Survey of Deloitte, India has the second most complex taxation system in the

Asia-Pacific Region. Top- China

Growth rates predictions

India s GDP growth rate – by ESCAP – 2017-18 – 7.1%

India s GDP growth rate – by ESCAP – 2018-19 – 7.5%

India s GDP growth rate – by IMF – 2016-17 – 6.8%







India s GDP growth rate – by FICCI – 2017-18 – 7.4%

India s GDP growth rate – by UN – 2016-17 – 7.3%

India s GDP growth rate – by UN – 2017-18 – 7.9%

India s GDP growth rate – by World Bank – 2016-17 – 6.8%



India s GDP growth rate – by Moody – 2016-17 – 7.1%



Asia will continue to lead global growth: IMF (5.5 per cent for 2017 and 5.4 per cent for 2018)

Books

Book Author Other Info "Swachh Jungle kikahani – DadikiZubani" Dr. Madhu Pant Set of 4 books

Metaphysics, Morals and Politics Amal Kumar Mukhopadhyay.

50 Years of Green Revolution: An Anthology of Research Papers

M. S. Swaminathan

M. S. Swaminathan: Legend in Science and Beyond P. C. Kesavan

India 2017 Yearbook Rajiv Mehrishi

Winning like Virat: Think & Succeed like Kohli Abhirup Bhattacharya

Marching with a Billion- Analysing Narendra Modi s Government

at Midterm

Shri Uday Mahurkar

Mann Ki Baat: A Social Revolution on Radio complied by Shri Rajesh Jain

Obituaries

Name Profession Other Info Pratap Singh Baghel Politician Age- 70

Capt. Chand Roop Wrestler Age- 88

Leila Seth First woman judge of Delhi High Court Age- 86

Ustad Raees Khan Sitar Player from Pakistan (Born in India) Age- 77

Karan Singh Himachal Pradesh cooperation and ayurveda

minister

Mauno Koivisto Former President of Finland Age- 93

S Ramaswamy Former Puducherry Chief Minister

Reema Lagoo Actress Age- 59

Anil Dave Union Environment Minister (was Member of

Rajya Sabha from Madhya Pradesh)

Age- 61

Matthunny Mathews (Toyota Sunny) was instrumental in the safe evacuation of





stranded Indians during the Iraqi invasion in

1990

Nemi Chand Jain (Chandraswami) Controversial godman

Sir Roger Moore Actor Age- 89

Kanwar Pal Singh Gill (KPS Gill) police officer- Punjab Age- 82

Kiran Ashar Cricketer – Mumbai

Gregg Allman American Musical legend

Tapan Banerjee Former Bengal cricketer

Dasari Narayana Rao Telugu film director

Parvathamma Rajkumar Kannada film producer and distributor

Important Days

Date Day Extra Info 1 May International Labour Day

3 May World Press Freedom Day

8 May World Red Cross Day Theme 2017: Less Known Red Cross Stories

10 May World Migratory Bird Day Theme 2017: Their Future is Our Future – A

Healthy Planet for Migratory Birds and People

11 May National Technology Day

12 May International Nurses Day Theme 2017: Nursing: A voice to lead –

Achieving the Sustainable Development

Goals .

13 May 2017 (second Saturday

of May)

World Fair Trade Day Theme 2017: "Human Chains for Fair Trade

and the Planet"

14 May 2017 (second Sunday of

May)

International Mothers Day Theme 2017: Every Mother knows

15 May International Day of Families Theme 2017: Families, education and well-

being

17 May World Hypertension Day Theme 2017: Know Your Numbers

17 May World Telecommunication and

Information Society Day

Theme 2017: Big Data for Big Impact

18 May International Museum Day Theme 2017: Museums and contested

histories: Saying the unspeakable in museums

18 May World AIDS Vaccine Day

20 May World Metrology Day Theme 2017: Measurements for transport

21 May Anti-Terrorism Day

22 May International Day for Biodiversity Theme 2017: Biodiversitay and Sustainable

Tourism

28 May International Day of Action for

Women s Health

29 May International Day of United

Nations Peacekeepers

Theme 2017: Investing in Peace around the

World





31 May World No-Tobacco Day Theme 2017: Tobacco – a threat to

development

The National Mission for Clean Ganga will observe Ganga Cleanliness Pledge Day on May 2 at various places

The United Nations marks the first World Tuna Day on May 2, 2017





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