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September 01, 2017

1st September 2017 Important Daily Current Affairs

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Dear Great Ambitionists, here are today's (1st September 2017) Important Current Affairs updates. Happy Reading :)

Daily Current Affairs of 1st September 2017

International Current Affairs
  • The United States today banned its citizens from travelling to North Korea, months after the death of an American student who had been imprisoned in the country for 17 months.
  • India and China jointly submitted a proposal to the World Trade Organisation (WTO) calling for the elimination - by developed countries - of the most trade-distorting form of farm subsidies, known in WTO parlance as Aggregate Measurement of Support (AMS) or ‘Amber Box’ support as a prerequisite   for consideration of other reforms in domestic support negotiations.
    • This is an important proposal by India and China in view of the ongoing negotiations for the upcoming 11th Ministerial Conference of the WTO to be held in Buenos Aires in December 2017. 
MOUs & Agreements
  • India and Switzerland have signed 2 Memorandum of Understandings (MoUs) for exchanging technical cooperation in the field of Railways.
    • The signed MOUS are :
      • MoU between Konkan Railway Corporation Limited (KRCL) and Swiss Federal Institute of Technology, Zurich.
      • MoU between Ministry of Railways and Federal Department of the Environment, Transport, Energy and Communications of the Swiss Federation on Technical Cooperation in Rail Sector.
    • Note : Swiss president Doris Leuthard is on 3-day visit to India.
National Current Affairs
  • Minister for Women and Child Development Maneka Gandhi today launched Pradhan Mantri Matru Vandana Yojana (PMMVY), a maternity benefit program run by the government of India, at a function in New Delhi.
  • Indian Policemen are set to replace their British-era khaki uniform with Ahmedabad-based National Institute of Design's new All-weather 'Smart Uniform'. 
    • The new uniform will be standardised across all states, Union Territories, and central paramilitary forces. 
  • At least five Union Ministers have been resigned ahead of PM Narendra Modi's Cabinet reshuffle that is going to take place on Sunday. 
    • Skill Development Minister Rajiv Pratap Rudy and Minister of State for Human Resource Development Mahendra Nath Pandey, among others, were asked to resign. 
    • Uma Bharti also offered to resign on health grounds.
  • The Uttar Pradesh Cabinet today approved a proposal to end interviews for recruitment of class II (non-gazetted), III and IV state government employees
    • The Cabinet also approved the implementation of the 7th Pay Commission recommendations for the employees in the Power Department, which will add an additional burden of ₹33 crore every month on the state.
New Appointments
  • The Union Government has appointed former Information and Broadcasting secretary Sunil Arora as Election Commissioner for a tenure of 4 years.
    • He is going to replace Nasim Zaidi who was retired in July 2017
  • Economist Rajiv Kumar today took over as the Vice Chairman of policy think tank NITI Aayog
    • He has replaced Arvind Panagariya, who left NITI Aayog to return to academia. 
  • J Y Pillay, an Indian-origin veteran civil servant, was today appointed as Singapore’s acting President until a new head of state is sworn in later this month.
    • He over from Tony Tan Keng Yam who completed a six-year term on Thursday.
  • Retired Union Home Secretary Rajiv Mehrishi was appointed as the Comptroller and Auditor General (CAG) of India.
    • He will replace Shashi Kant Sharma.
Science & Technology
  • The Indian Space Research Organisation (ISRO) failed to successfully place IRNSS-1H, India's first satellite built in collaboration with the private sector, in orbit. 
    • The satellite was launched from Sriharikota, Andhra Pradesh, by a PSLV rocket. 
    • The 1,425-kg spacecraft was supposed to join India's ₹1,420-crore satellite-based navigation system as a back-up for IRNSS-1A satellite, whose all three atomic clocks have failed.
Banking, Business & Economic Affairs
  • Uttar Pradesh CM Yogi Adityanath has set up a $156.2 million (about ₹1000 crore) startup fund to encourage startup schemes in the state. 
    • An MoU will be signed with the Small Industries Development Bank of India for the same purpose. 
  • The National Payments Corporation of India-backed BHIM (Bharat Interface for Money) app has been updated with features like splitting bills and collecting payments
    • The app allows users to send or receive money from other users through a mobile number or payment address and is available on Android app store.
    • Launched in 2016, the app is a rebranded version of UPI.
  • The central government today extended the deadline for linking Aadhaar with PAN by four months to December 31 this year.
    • he Income Tax Department had earlier said that the tax returns filed by taxpayers would not be taken up for processing unless Aadhaar was linked with PAN by August 31, the previous deadline.
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