Current Affairs Update – 4 to 6 February, 2017

Hello and welcome to exampundit. Here are the Important Current Affairs Update of 4, 5 and 6 February, 2017. These are very important for the upcoming Syndicate Bank PGDBF, SBI PO Mains and other insurance and bank exams.

Current Affairs at a Glance – 4 to 6 February, 2017

  1. NITI Aayog CEO Amitabh Kant on 2 February 2017 launched the India
    Innovation Index in New Delhi
    . It is India’s first online innovation index portal. It will capture data
    on innovation from all Indian states and regularly update it in real time.
  2. The Secunderabad and Vijayawada
    railway stations are among 23 stations to be taken up under the Station Redevelopment
    Plan of the Indian Railways
    .
  3. The Chief Minister of Assam,
    Sarbananda Sonowal launched the Chief Minister Samagra Gramya Unnayan Yojana (CMSGUY) in
    Guwahati, Assam on 5 February 2017
    . The Yojana has been launched with the aim of bringing a paradigm shift
    towards holistic development of villages in Assam
    .
  4. The International Day of Zero Tolerance for
    Female Genital Mutilation
    was
    observed across the world on 6 February 2017. The theme for the 2017
    International Day of Zero Tolerance for Female Genital Mutilation is “Building
    a solid and interactive bridge between Africa and the world to accelerate
    ending FGM by 2030.”
  5. The World Wetlands Day was observed globally on 2 February 2017 with the
    theme ‘Wetlands for Disaster Risk Reduction’.
  6. World Cancer Day (WCD) 2017 was observed across the world on 4 February 2017.
    The theme for the World Cancer Day 2016-2018 is ‘We can. I can.’
  7. The Union Minister for Sports,
    Vijay Goel laid the foundation stone of the boundary wall of the first-ever
    Centre of Excellence for differently-abled sportsmen
    on 5 February
    2017 in Sector-25 in Gandhinagar, Gujarat.

Financial and Industry:
NITI Aayog CEO Amitabh Kant launches India Innovation Index

  • NITI Aayog CEO Amitabh Kant on 2
    February 2017 launched the India Innovation Index in New Delhi. It is India’s
    first online innovation index portal. It will capture data on innovation from
    all Indian states and regularly update it in real time.

Features of India Innovation
Index
  • The primary objective of the
    India Innovation Index is to rank Indian states as per their innovation prowess
    and provide impetus to them to build their respective innovation ecosystems.
  • It is a joint initiative of the
    National Institution for Transforming India (NITI Aayog), Department of
    Industrial Policy and Promotion (DIPP) and Confederation of Indian Industry
    (CII).
  • Multilateral agencies such as the
    World Economic Forum, the World Intellectual Property Organization, Cornell
    University, OECD, UNIDO, ILO, UNESCO and ITU will help the NITI Aayog in
    developing the index.
  • The India Innovation Index
    Framework is based on the best practices followed during the preparing of
    Global Innovation Index (GII).
  • India-centric parameters will be
    added to the framework so that it will reflect the Indian innovation ecosystem.

23 railway stations to be brought under Redevelopment Project

  • The Secunderabad and Vijayawada
    railway stations are among 23 stations to be taken up under the Station
    Redevelopment Plan of the Indian Railways.
  • The project, considered to be
    amongst the largest to be taken up, is the brainchild of Prime Minister
    Narendra Modi.
  • Railway Minister Suresh Prabhakar
    Prabhu is set to launch the project in New Delhi on February 8.
  • The Station Redevelopment Project
    is being taken up under the Swiss Challenge method, which involves inviting a
    proposal online and permitting rival bidders to beat that proposal with a more
    attractive one.
  • In the first phase, 23 railway
    stations have been selected for the project which aims to make best use of the
    assets of the stations. Of over 8,000 stations in the system, over 400 have
    been selected for the redevelopment programme based on the revenue generated by
    them.
  • The project envisages an
    infrastructure revamp at the stations including the platforms and the
    circulating areas, to be undertaken by the chosen developer.
  • Commercial establishments
    including hotels, multiplexes and shopping malls are proposed to be built on
    the land earmarked by the Railways for use by the developer. The developer will
    hold the rights for commercial exploitation of the land for a period of 45
    years, while ownership of the land would remain with the Railways.

Non-financial – India and States:
Chief Minister Sarbananda Sonowal launches CMSGUY in Guwahati

  • The Chief Minister of Assam,
    Sarbananda Sonowal launched the Chief Minister Samagra Gramya Unnayan Yojana
    (CMSGUY) in Guwahati, Assam on 5 February 2017.
  • The Yojana has been launched with
    the aim of bringing a paradigm shift towards holistic development of villages
    in Assam.

Key Highlights
  • The scheme is a mega mission with
    financial expenditure amounting to about Rs 30,000 Cr.
  • It aims to bring a revolutionary
    change by doubling farm income in the state.
  • It will be implemented in all of
    the state’s villages.
  • The scheme is expected to
    conclude by 2021-22.
  • According to the Situation
    Assessment Survey taken between 2002-03 and 2012-13, the farm income in Assam
    was recorded to have shown only 0.88 percent increase as against the national
    average of 5.2 per cent. In the view of this, the Assam government decided to
    launch the CMSGUY to stimulate rural productivity by making huge investments in
    the rural areas for their complete transformation within a short span of just 5
    years.

Appointments & Resignations:
Arun M Kumar appointed as Chairman and CEO of KPMG India
  • Arun M Kumar was on 5 February
    2017 appointed as Chairman and Chief Executive Officer (CEO) of KPMG India.
    Kumar will serve the office for five years. His appointment was approved by the
    KPMG India Board and was ratified by the India partners.
  • He succeeds Richard Rekhy, who
    resigned in November 2016 following a large scale exodus of key people from the
    advisory team.

Uber CEO Travis Kalanick quits Trump’s Economic Advisory Council
  • The Chief Executive Officer (CEO)
    of the Uber Technologies Inc. Travis Kalanick in February 2017 quit the US
    President Donald Trump’s Economic Advisory Council.
  • The exact reasons for this
    development are not known. However, it has been speculated that Travis Kalanick
    was forced to resign from the prestigious council due to pressure from Uber’s
    customers.
  • The USA President Donald J Trump
    announced the formation of the Economic Advisory Council in August 2016 during
    the election campaign for the presidency. The council assists Trump in
    implementing his economic agenda.

Days:
International Day of Zero Tolerance for Female Genital Mutilation 2017
observed

  • The International Day of Zero
    Tolerance for Female Genital Mutilation was observed across the world on 6 February
    2017.
  • The theme for the 2017
    International Day of Zero Tolerance for Female Genital Mutilation is “Building
    a solid and interactive bridge between Africa and the world to accelerate
    ending FGM by 2030.”
  • The female genital mutilation
    reflects deep-rooted inequality between the sexes. The practice also violates
    women’s rights to health, security and physical integrity, their right to be
    free from torture and cruel, inhuman or degrading treatment, and their right to
    life when the procedure results in death.

World Wetlands Day 2017 observed globally
  • The World Wetlands Day was
    observed globally on 2 February 2017 with the theme ‘Wetlands for Disaster Risk
    Reduction’.
  • The theme ‘Wetlands for Disaster
    Risk Reduction’ is aimed at raising the awareness of healthy wetlands in
    reducing the impacts of extreme events such as floods, droughts and cyclones on
    communities.
  • In September 2016, Ramsar
    Convention and UNESCO together prepared the report titled ‘Managing
    MIDAs-Harmonizing the Management of Multi-Internationally Designated Areas:
    Ramsar Sites, World Heritage sites, Biosphere Reserves and UNESCO Global
    Geoparks’. The report was aimed at supporting the integrated management of
    wetlands.

World Cancer Day 2017 observed globally
  • World Cancer Day (WCD) 2017 was
    observed across the world on 4 February 2017. The theme for the World Cancer
    Day 2016-2018 is ‘We can. I can.’
  • The theme throws light on how
    everyone, as a collective or as individuals, can do their part to reduce the
    global burden of cancer.
  • It also aims at saving millions
    of preventable deaths each year. Currently, 8.2 million people die from cancer
    worldwide every year, out of which, 4 million people die prematurely (aged 30
    to 69 years).

Sports:
Vijay Goel lays foundation stone for first–ever training centre for
differently-abled sportsmen

  • The Union Minister for Sports,
    Vijay Goel laid the foundation stone of the boundary wall of the first-ever
    Centre of Excellence for differently-abled sportsmen on 5 February 2017 in
    Sector-25 in Gandhinagar, Gujarat.
  • The government has allotted an
    estimated amount of Rs 50 Cr for the project. The centre is proposed to provide
    world class facilities.
  • The centre will be built on 7.5
    acres of land belonging to the Sports Authority of India (SAI).
  • It will have dedicated tracks and
    a 64 m long, fully air conditioned indoor hall that will house a swimming pool
    as well as other training facilities for the athletes.
  • It will also have an
    air-conditioned hostel with 100 beds and 20 suites for foreign guests and an
    open land for warm-up exercises.
  • The centre will train the para
    athletes for various international competitions including Olympics, Asian Games
    and Common Wealth Games.

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