6th March 2017 Important Daily Current Affairs

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Dear Great Ambitionists, here are today's (6th March 2017) Important Current Affairs updates. Happy Reading :)

Daily Current Affairs of 6th March 2017

International Current Affairs

• Indonesia is hosting the 20th Indian Ocean Rim Association (IORA) summit 2017.
• About 100 people, including representatives from the 21 IORA member countries that border the Indian Ocean are attending the meeting.
• The IORA Summit is an international event that convenes coastal states bordering the Indian Ocean.
• Vice President Hamid Ansari is representing India at IORA Summit.
• Important Details about IORA
• IORA - Indian-Ocean Rim Association
• Established on - 6th March 1997
  
• Headquarters - Ebene Cyber City, Mauritius
• Member States - 21
• Secretary General - K. V. Bhagirath (India)
• Chair - Indonesia (2016 - 2018)
• Vice Chair - Australia (2016 - 2018)
• The Swedish passport has been rated the world's most valuable by consulting firm Nomad Capitalist. 
• The Indian passport was ranked 160th, while Afghanistan's and Pakistan's passports were among the least valuable.
• Top 5 in the List :
• Sweden
• Belgium
• Italy
• Spain 
• Ireland

National Current Affairs

• INS Viraat, which holds a Guinness world record for being the oldest surviving aircraft carrier in the world, retired from service today. 
• INS Viraat was first commissioned in the Indian Navy on May 12, 1987, after the Indian government bought it for ₹433 crore. 
• Before 1987, the aircraft carrier had served the United Kingdom's Royal Navy for 27 years.
• Indigenously-manufactured INSAS rifles will 'retire' from the army after 20 years in service and be replaced by an imported rifle.
• The Indian Small Arms System (INSAS) is likely to be replaced with deadlier assault rifles of a higher caliber.
• Note : INSAS rifles were being retired due to their limited effectiveness at long range.
• Jammu and Kashmir Minister for Food, Civil Supplies, and Consumer Affairs Chowdhary Zulfkar Ali today inaugurated the 1st smart tribal model village 'Hubbi' in Rajouri district of the state. 
• Developed under the rural development department, the village has been introduced with smart classes in the schools, better roads, electricity, and water facility.
• Noida will get its 1st Bike Taxi service later this month with the launch of "Baxi". 
• Note : Baxi already runs its services in Gurugram.
• India's tallest national flag, measuring 360 feet, was hoisted today at the Attari-Wagah joint check post in Punjab. 
• The flag, built at a cost of ₹3.6 crore, can be seen from Lahore in Pakistan. 
• Note : A 293-foot tall tricolour in Ranchi had held the record earlier.
• The Union Government has launched the 1st ever across-the-river survey in River Ganga to determine the population of aquatic life, including that of the endangered Gangetic doplhin. 
• The survey will create a baseline scientific data for the government to take suitable measures to improve quality of the Ganga’s water.
• Haryana Government has announced Tirtha Darshan Scheme under which senior citizens above 60 years of age in the state will be able to go on a pilgrimage within the country at government expense.

Science & Technology

• North Korea fired four ballistic missiles into the sea off Japan's northwest coast early today. 
• Three of the missiles covered nearly 1,000 km and landed in waters as close as 300 km to Japan's coastline. 
• This comes as South Korea and the US hold joint military exercises, which North Korea views as preparations for an invasion.

Business & Economic Affairs

• The State Bank of India (SBI) has recently announced that it will start charging its account holders a penalty if they fail to maintain a minimum balance in their savings account.
• According to the new rules effective from April 1, it is mandatory for accounts to maintain a balance of Rs 5,000 in metropolitan areas, Rs 3,000 in urban areas, Rs 2,000 in semi-urban areas and Rs 1,000 in rural areas.
• Check New Cash-withdrawal Limits of SBI from HERE
• Kerala Finance Minister Thomas Isaac has recently presented the State Budget for fiscal year 2017-18.
• Here are the major highlights of the budget
• Allotted 900 crore for ration subsidy.
• Announced an increase of Rs 2000 in the pension amount of Pravasi from Rs 500 to 2000.
• Alloctated Rs 3000 crore for revival of Kerala State Road Transport Corporation (KSRTC).
• Giving high priority to protection of women in the state, Rs 5 crore was assigned for protection and rehabilitation of  women.
• Allocated 2100 crore for Agriculture sector.
• Set aside Rs 248 crores for Anganwadis.
• Onelakh houses for homeless in next year.
• Allocated 100 crore for smart cities.
• Rs 10 crore was announced to end manual scavenging and plant 3 crore tree saplings by next monsoon.
• Rs 10 crore was set apart as compensation for Endosulphan victims.
• Rs 1000 crore for optic fiber network through K-phone 6500 cr for development of coastal roads.
• Rs 174 crore for electrification of all houses in the state.
• Rs 25 crores-Sabarimala Master Plan.
• Rs 25000 crore was set apart for infrastructure development in the state.
• Rs 2600 crore for upliftment of SC and 750 crore for ST 128 crore for coir industry.

Deaths

• American physician and researcher Thomas Starzl (90), who performed the world's first human liver transplant in 1963, passed away.
• He also performed world's first successful liver transplant in 1967. 
• Starzl, often referred to as "the father of modern transplantation", also performed the world's first simultaneous heart and liver transplant in 1984.

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