Daily Current Affairs

Prelims Prominence - February 28, 2018

Science & Technology

National Science Day 2018

  • National Science Day (NSD) is celebrated every year on 28 February 2018.
  • Department of Science & Technology (DST) is organizing a function to commemorate NSD.
  • On this occasion National Awards will also be conferred on the awardees for 2017for their outstanding contribution in communication of S&T and promoting scientific temper.
  • NSD is celebrated on 28th February to commemorate discovery of the ‘Raman Effect’, which led to Sir C.V. Raman winning the Noble Prize.
  • The theme of NSD-2018 is “Science and Technology for a Sustainable Future”
  • National Council for Science & Technology Communication (NCSTC) of DSTis nodal agency to support catalyze and coordinate celebration of the NSD through out the country
  • For the year 2017, Dr. Raghbir Singh Khandpur from Punjab has been selected for National Award for Outstanding Efforts in S&T

Business

Second India-Korea Business Summit

  • Second India-Korea Business Summit organized by the Department of Industrial Policy and Promotion (DIPP), Ministry of Commerce & Industry, in partnership with ChosunILbo, KOTRA, Confederation of Indian Industry (CII) and Invest India
  • Held in New Delhi.
  • Aim of the summit is to strengthen the economic relationship, boost trade relations and increase investments between India and Republic of Korea.
  • The summit began with a roundtable of Korean CEOs which was chaired by Prime Minister of India, ShriNarendraModi.

Ministry of Drinking Water & Sanitation

Launching of 2nd project of Swajal Yojana in Rajasthan

  • Union Minister of Drinking Water and Sanitation, Sushri Uma Bharti, today launched the Swajal pilot project at Village Bhikampura, Karauli, Rajasthan.
  • Ensuring the availability of clean drinking water to every household round the year

Enlighten about Swajal yojana

  • Swajal is a community owned drinking water programme for sustained drinking water supply.
  • Under the scheme, 90% of the project cost will be taken care by the Government and the remaining 10% of the project cost will be contributed by the community.
  • The Operations and management of the project will be taken care by the local villagers.
  • Four reservoirs will be constructed in the village and common tap connection will be given to almost 300 households.

Economy

Financial Action Task Force (FATF) China elected as vice chair

  • FATF – It is a global body mandated to combat terror financing and money laundering.
  • Earlier FATF had placed Pakistan under “grey list” subject to direct monitoring and intense scrutiny by International Cooperation Review Group till June 2018 for compliance of Anti-Money Laundering and Combating Finance of Terrorism regulations.

Enlighten about FATF –

  • It is an inter‐governmental policy making body that aims to establish international standards for combating money laundering and terrorist financing.
  • It was established in 1989 during the G7 Summit in Paris (France) to combat the growing problem of money laundering.
  • It comprises over 39 member countries including India.
  • FATF Secretariat is housed at the headquarters of the OECD in Paris.
  • Initially, FATF was only dealing with developing policies to combat money laundering. But in 2001 its purpose was expanded to act against terrorism financing.

Education

Revitalising Infrastructure and Systems in Education (RISE) IITs set to get 25 per cent of govt loans for higher education institutes

What –

  • Under RISE, all centrally-funded institutes (CFIs), including central universities, IITs, IIMs, NITs and IISERs, can borrow from a Rs 1,00,000 crore corpus over the next four years to expand and build new infrastructure.

Enlighten about RISE scheme –

  • RISE scheme was announced in Union Budget 2017-18.
  • It aims to lend low-cost funds to government higher educational institutions.
  • Under it, all centrally-funded institutes (CFIs), including central universities, IITs, IIMs, NITs and IISERs can borrow from a Rs 1,00,000 crore corpus over next 4 years to expand and build new infrastructure.
  • It will be financed via restructured Higher Education Financing Agency (HEFA), a non-banking financial company.

Higher Education Financing Agency

  • It was set up by government as a Section 8 company (a company with charitable objectives) in 2017 to mobilise funds from the market and offer 10-year loans to centrally-run institutes.
  • In order to mobilise funds Rs. 1 lakh crore corpus under RISE, HEFA will need equity of Rs 10,000 crore, of which Rs 8,500 crore will be Higher Education Financing Agency

State Specific

September 22 as Rhino Day Declared by the Assam government

What’s the purpose -

  • to generate public awareness on protection of one-horned rhinoceros (pachyderm)

Enlighten about One-horned rhinoceros

  • It is the largest of the Asian Rhinosvrestricted to small habitats in Indo-Nepal terai and North Bengal, and Assam.
  • They are found in Kaziranga, Orang, Pobitara, Jaldapara (in Assam), Dudhwa (UP) National Park.
  • Kaziranga National Park hosts two-thirds of the world’s Great One-horned rhinoceros (68% of worldwide population).
  • It has been listed as Vulnerable on the IUCN Red List of Threatened Species.

Social Welfare

Shram Awards

  • 338 workers will be conferred with Prime Minister Shram Awards
  • The awards are given in recognition of their distinguished performances, innovative abilities , outstanding contribution in the fiels of productivity and exhibition of exceptional courage and presence of mind
  • The Shram Awards were instituted in 1985 by the Government of India
  • Shram Ratan – prize money of two lakh and a recognition of their contribution to their field (a sanad)
  • Shram Bhushan – Rs 100000 and a Sanad
  • Shram Vir/ Shram Veerangana – Rs 60000 and a Sanad
  • Shram Devi/ Shram Shree – Rs 40000 and a Sanad

Cultural

Rashtriya Sanskrtiti Mahotsav

Implementing body –

  • Ministry of culture

Enlighten about the Mahotsav –

  • Ministry of culture is organising this Carnival in Madhya Pradesh

It is conducted under the –

  • Ek Bharat Shreshtha Bharat matrix
  • Rashtriya Sanskriti Mahotsav is enjoyed with Nagaland and Manipur as its pairing states.

Purpose of this festival –

  • It showcases the variety of tribal and classical art forms from different cities and towns across the country.
  • To showcase the rich heritage of the country as in –

Handicrafts, Cuisine, Painting, Sculpture, Photography, Documentation and performing arts- folks, tribal Classical and contemporary.

Sources – pib,the hindu,indian express