Current Affairs Update – 7 September, 2017



Hello and welcome to exampundit. Here are the Important Current Affairs of 7 September, 2017. These are very important for the upcoming IBPS PO, IBPS RRB, OICL AO, UIIC Assistant & NICL Assistant Exams.

Banking & Financial News
Vistara, Japan Airlines sign MoU for commercial cooperation

  • Vistara and Japan Airlines today announced
    that they have signed a Memorandum of Understanding (MoU) for an extensive
    partnership that includes code share flights and frequent flyer partnership.
  • “This mutual understanding
    between Japan Airlines and Vistara will help the two airlines pursue
    significant cooperation in the near future, such as codeshare, frequent flyer
    partnership as well as other operational arrangements, allowing them to
    leverage each other’s network, expertise and assets, subject to necessary
    approvals from authorities,” the airlines said in a release today.
BSNL signs MOU with Coriant to accelerate 5G growth in India

  • State-owned telecom operator
    Bharat Sanchar Nigam Limited (BSNL) entered into an agreement with Coriant to
    chart a path for 5G and IoT in India. The Memorandum of Understanding was
    signed between BSNL and Coriant for laying the foundation for innovation in
    Network Architectures and Services Leveraging 5G, IoT, SDN/NFV, and Mobile Edge
    Computing Technologies.
  • Under the terms of the MoU,
    Coriant and BSNL will cooperate to accelerate network architecture and service
    innovation leveraging 5G, Internet of Things (IoT), SDN/NFV, and Mobile Edge
    Computing (MEC) technologies.
  • Coriant is a leading supplier of
    packet optical, IP, and SDN solutions to Tier 1 global service providers and
    webscale Internet operators.
Google signs MoU for digital Gujarat

  • Gujarat government has signed an
    MoU with Google India towards actualizing the ‘Digital Gujarat’ movement under
    ‘Digital India’.
  • The MoU was signed in presence of
    the chief minister, Gujarat’s chief secretary J N Singh, and Google India
    Public Policy Director Chetan Krishnaswamy. Principal secretaries of tourism,
    science and technology, labour and employment, higher education and rural
    development departments were also present at the event.
  • Under the MoU Google will train
    small and medium scale entrepreneurs the use of digital platform for business
    development under the ‘Digital Unlocked’ programme,and will provide ‘cloud’
    facility up to $20,000 to recognized startups.
  • Google will help to develop
    skills in the use of modern mobiles and web technology, train degree, diploma
    and science postgraduate students in ‘Google Android Fundamentals’ and ‘Mobile
    Development’.
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NITI Aayog constitutes Expert Task Force on Employment & Exports

  • With an aim to create new jobs by
    enhancing India’s export, the NITI Aayog on 5 September 2017 constituted an
    Expert Task Force. The task force will be chaired by the NITI Aayog Vice
    Chairman, Dr. Rajiv Kumar.
  • The task force that also includes
    Secretary Department of Commerce; Secretary, Department of Industrial Policy
    and Promotion among others have been asked to submit its report by November
    2017.
The steps outlined by the task
force to address this challenge of creating well-paid, formal sector jobs,
include:
1. Proposing a comprehensive plan
of action to generate employment and alleviate under-employment in both goods
and services sectors and low wages by boosting India’s exports in key
labour-intensive industries
2. Recommending sector-specific
policy interventions in key employment sectors
3. Recommending measures to
enhance trade in services with high employment potential
4. Identifying key macro economic
factors constraining exports and suggesting methods to address these
constraints
5. Assessing the effectiveness of
existing schemes to promote exports
6. Addressing issues related to
logistics, export credits and trade facilitation
News related to India & states
Assam signs MoU with Google to boost Internet connectivity

  • The Assam government on Thursday
    signed a MoU with Google India to take Internet connectivity to the remotest part
    of the north-eastern state.
  • Chief Minister Sarbananda Sonowal
    said the government would work to provide Internet connections to 26,000
    villages and 1,500 tea garden areas in Assam under the MoU and thus increase
    digital literacy.
  • Information Technology Secretary
    Nitin Khare and Goodle India Country Head (Policy) Chetan Krishnaswami signed
    the Memorandum of Understanding in the presence of Sonowal.
  • “Technology rules the roost
    in the 21st century and the state government has upped the ante to use
    technology to carry forward the fruits of development to the remotest parts of
    Assam,” the Chief Minister said.
  • He said the ties with Google was
    a way forward to strongly pitch Guwahati as a natural gateway to the South-East
    Asian countries.
India and Sri Lanka begin Joint Naval Exercise SLINEX 2017 at
Visakhapatnam

  • Indian Navy and Sri Lankan Navy
    on 7 September 2017 began the 2017 Sri Lanka-India Exercise (SLINEX) at
    Visakhapatnam, Andhra Pradesh. The exercise will conclude on till 14 September
    2017.
  • SLINEX 17 aims at reinforce
    strong neighbourly ties between both countries underscored by extensive
    maritime interaction and improved understanding.
  • SLINEX 2017 focuses on fleet
    work, seamanship, communication, replenishment at sea, Visit Board Search and
    Seize (VBSS) operations as well as helicopter operations.
  • The exercise will commence with a
    Harbour Phase, during which, the participants will engage in professional,
    cultural and social interactions.
  • The Harbour Phase will be
    followed by the Sea Phase, which will include complex operations including
    anti-piracy exercises, gun firings, cross-deck helicopter operations and
    anti-surface exercises.
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Union Government launches DIKSHA Portal for teachers

  • The Union Ministry of Human
    Resource and Development (HRD) on 5 September 2017 launched DIKSHA Portal
    (diksha.gov.in) for providing digital platform to teachers for making their
    lifestyle more digital.
  • DIKSHA will enable, accelerate
    and amplify solutions in the realm of teacher education.
  • DIKSHA is built considering the
    whole life cycle of teacher beginning from the time when they enrol in Teacher
    Education Institutes (TEIs) to the time they retire as teachers.
  • States, government bodies and
    even private organisations can integrate DIKSHA into their respective teacher
    initiatives based on their goals, needs and capabilities.
  • DIKSHA platform can be used to
    create in-class resources, teacher training content, assessment aids, teacher
    profile, news and announcement and teacher community.
  • These features have been added in
    the portal after consultations with multiple state governments, NGOs and more
    than 30 public and private organisations, who have contributed to DIKSHA.
Home Ministry extends financial powers of chiefs of CRPF, BSF

  • The Ministry of Home Affairs has
    enhanced the financial powers of the Chiefs of central armed police forces like
    CRPF and BSF and other central agencies, empowering them to spend up to Rs 15
    Cr for executing major projects and Rs 1 Cr for minor works including repairing
    of residential buildings.
  • The director generals of CISF,
    ITBP, SSB, NSG, Assam Rifles and National Investigation Agency and the director
    of Intelligence Bureau will also be able to exercise the same enhanced
    financial powers. The amount sanctioned for major projects has gone up to Rs 15
    Cr from Rs 10 Cr previously.
  • The major projects include
    construction of buildings and purchase of vehicles among others.
  • The fund for minor projects has
    also been increased to Rs 1 Cr from Rs 50 lakh previously. The minor works
    include petty repairs and administrative expenditure.
  • The decision was taken by Union
    home secretary Rajiv Gauba. The main objective behind the order is to bring
    greater flexibility in operations, reduce delays and facilitate a quick decision
    on matters involving financial expenditure.
Gujarat Chief Minister flags off ‘Narmada Mahotsav Yatra’

  • The Chief Minister of Gujarat,
    Vijay Rupani flagged off statewide ‘Narmada Mahotsav Yatra’ from Surendranagar
    district on 6 September 2017, as part of a two-week celebration to mark the
    completion of Sardar Sarovar Dam on the Narmada River.
  • The main aim of the Yatra is to
    create awareness about the importance of increased water supply from Narmada
    canal-based projects in different parts of the state.
  • While Rupani flagged off a
    chariot in Surendranagar, other vehicles carrying statues of `Maa Narmada’ were
    flagged off from other parts of the state.
  • According to an official
    statement, 84 `Narmada Raths’ or `chariots’ would travel across the state in these
    two weeks to spread awareness about the importance of the project and to depict
    the achievements of the state’s Agriculture and Veterinary Departments.
  • The yatra would culminate in
    Dabhoi town of Vadodara district, in the presence of Prime Minister Narendra
    Modi on the occasion of his birthday, which happens to fall on the same day.
  • The event comes just ahead of the
    state assembly polls, which are due in the end of this year.
Mother Teresa declared as co-patron of Archdiocese of Calcutta

  • Saint Teresa, also known as
    Mother Teresa, was on 6 September 2017 declared the as the co-patron of the
    Roman Catholic Archdiocese of Calcutta, 131 years after St Francis Xavier was
    declared as first patron.
  • The declaration was made by Vicar
    General, Archdiocese of Calcutta in the presence of the Vatican’s ambassador to
    India Giambattista Diquattro, bishops from across the state and nuns of the
    Missionaries of Charity which was founded by Mother Teresa in 1950 within
    Archdiocese of Calcutta.
  • The decision was taken to
    commemorate the first anniversary of St Teresa’s canonisation which was held on
    4 September 2016.
  • A statue of St Teresa was also
    unveiled on the occasion.
Appointments/Resignations
Ashish Kashyap resigns as President and Co-founder of MakeMyTrip

  • Ashish Kashyap on 6 September
    2017 resigned as the President and Co-founder of MakeMyTrip with effect from 30
    September 2017. As per the settlement agreement, Kashyap will be under
    non-solicitation and non-competition obligation for the next two years.
  • Kashyap had assumed the role of
    President and Co-founder after MakeMyTrip acquired Ibibo Group in October 2016.
    Kashyap was earlier designated as the Chief Executive Officer of the Ibibo
    Group.
  • While the deal was announced in
    October 2016, the Competition Commission of India approved the acquisition in
    February 2017.
  • MakeMyTrip currently owns 100 per
    cent of Ibibo Group. Naspers and Tencent are the largest shareholders in
    MakeMyTrip, owning a 40 per cent stake. 
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Regards

Team ExamPundit