Friday, 26 May 2017

Daily Update On Current Affairs - May 26, 2017

current affairs
Here's your daily summary of Current Affairs.

PM Modi To Inaugurate India's Longest Bridge In Assam Tomorrow

Prime Minister Narendra Modi will inaugurate the country’s longest river bridge - the Dhola-Sadia Bridge in Assam on the 26th May 2017. This three-lane, 9.15-kilometre bridge has been built over river Lohit, which is a tributary of the Brahmaputra river. It links Dhola in Assam to Sadia. Road connectivity will see a major transformation as this bridge will fill a huge connectivity gap that has existed in the northeast region. The only means to cross the Brahmaputra at this location till now has been by ferry in day-time and even this is not possible during floods. This bridge will also give a major boost to the overall economic development of the areas north of Brahmaputra in Upper Assam and Arunachal Pradesh. It will also cater to the strategic requirements of the country in the border areas of Arunachal Pradesh, besides facilitating numerous hydropower projects coming up in the state. The bridge will also reduce the distance from Rupai on NH- 37 in Assam to Meka-Roing on NH-52 in Arunachal Pradesh by 165 KM. The travel time between the two places will come down from the current six hours to just one hour, a total five-hour reduction. This will result in saving of petrol and diesel worth 10 lakh rupees per day.

Government Is Committed To Spend 2.5 Percent Of GDP On Health And Allied Sectors

Prime Minister Narendra Modi has stressed on the need to bring all hospitals specialising in cancer treatment on a single platform to provide affordable treatment to patients. He was addressing a function through video conferencing on the occasion of the platinum jubilee of Tata Memorial Centre being held in Mumbai today. Mr Modi said every year 10 lakh people are affected by cancer, of which more than 6 lakh die. He stressed on reducing dependence on other countries for getting medical equipment so as to make treatment affordable. Mr Modi said, the aim of the National Health Policy is to ensure affordable health care for all. He said, his government is committed to spending 2.5 percent of GDP on health and allied sector. The Prime Minister added that the government has brought 5,000 drugs in the list of essential medicines for the purpose of controlling their prices. He said, more and more outlets are being opened under Jan Aushadhi Yojana.

Rohtang Pass Opens For Vehicular Traffic After Six Months

In Himachal Pradesh, the Rohtang Pass has been opened for vehicular traffic and tourists after almost six months. The pass connects tribal district of Lahaul-Spiti with other parts of the state. The permit system has been put in place as per directions of the National Green Tribunal, which took serious note of the vehicular pollution in the area. The Kullu district authorities have fixed five hundred rupees as permit fee and fifty rupees as congestion fee per vehicle.

Tourists can access Rohtang Pass by obtaining a proper permit. Kullu district authorities have made arrangements for issuing online permits. The online system has been introduced to avoid irregularities in granting permits, which are issued on the first-come-first-serve basis. As per the directions of National Green Tribunal, only 800 petrol and 400 diesel vehicles are allowed per day.

Google’s Rajan Anandan Appointed Chairman of IAMAI

Google’s vice-president for South East Asia and India, Rajan Anandan has been appointed as the new chairman of Internet and Mobile Association of India (IAMAI). Rajan will succeed  FreeCharge’s co-founder and chief executive officer, Kunal Shah. The other new office bearers of the IAMAI will be MakeMyTrip Chairman & Group CEO Deep Kalra who will be the vice-chairman. He succeeds Saavn co-founder and president Vinodh Bhat. Facebook’s managing director (India & South Asia), Umang Bedi will be the new treasurer of IAMAI. Subho Ray will continue to be the president of IAMAI. The tenure of the office-bearers of the new council will be for two years. The new council has to work towards improving the internet connectivity, especially in rural areas. It is estimated that in a population of 906 million, only 156 million are using the internet in rural areas. IAMAI has to take steps to reach to the potential 750 million users living in rural heartlands. Another area which needs the focus of the committee is the promotion of local language content. The Indian languages account for only 0.1% of the content on the worldwide web. It is estimated that enabling Indian language content will help to achieve a growth of 39% in the current user base of India.

Union Cabinet Approves National Procurement Policy Giving Preference To Make In India

The Union Cabinet Chaired by Prime Minister has given its approval for a national procurement policy that gives preference to ‘Make In India’ in government procurements. The policy aims to maintain the balance between promoting ‘Make in India’ and ensuring timely, quality and value-for-money products for the procuring government entities. The new policy will boost domestic manufacturing and service provision and will enhance income and employment. It will facilitate the flow of capital and technology into domestic manufacturing and services. As the government procurement is always substantial, it can contribute towards increasing the participation of local employees and improve their living conditions.

Sensex And Nifty Reach New Highs

The Sensex rose to new heights today, as it posted its biggest single-day gain in over two months, while the rupee appreciated against the dollar. The Sensex at the Bombay Stock Exchange spurted 448 points, or 1.5 percent, to close at a fresh record high of 30,750. The Nifty at the National Stock Exchange surged 149 points, to 9,510. Key regional bourses in Japan, China, Hong Kong, South Korea and Singapore gained between 0.1 percent and 1.4 percent. Major European bourses also rose. Stocks climbed after the US central bank signalled caution in hiking interest rates.

NATO Summit Begins in Brussels

The NATO summit begins in Brussels on the 25th May 2017. NATO Chief Jens Stoltenberg said terrorism will top the agenda. Diplomatic sources said NATO is to join the US-led anti-Islamic State coalition at the summit, a key demand of US President Donald Trump that the alliance does more to fight terrorism. The sources said NATO ambassadors have decided an action plan on terrorism for the summit.

World Economic Forum: Mumbai And Kota Among World’s Most Crowded

World Economic Forum citing UN-Habitat data has named two Indian cities-Mumbai and Kota among the world’s most crowded cities. Dhaka has topped the list followed by India’s financial capital Mumbai. Dhaka, the capital of Bangladesh has a population density of 44,500 people per square kilometre. Mumbai has a population density of 31,700 people per square kilometre. Another Indian city Kota in Rajasthan with 12,100 people per square kilometre has been ranked seventh in the list. Medellin in Columbia with a population density of 19,700 people per square kilometre has been ranked third followed by Manila, Philippines at 4th place with a density of 14,800; Casablanca, Morocco at 5th place with a density of 14,200; Lagos, Nigeria at 6th place with a density of 13,300; Singapore at 8th place with a density of 10,200 and finally Jakarta, Indonesia at 9th place with a density of 9,600. It has been estimated that more than half of the world’s population resides in urban areas and the UN expects this to increase to 66% by 2050 with around 90% increase concentrated in Asia and Africa.

Nepal Prime Minister Pushpa Kamal Dahal ‘Prachanda’ Resigns

Nepal Prime Minister Pushpa Kamal Dahal ‘Prachanda’ has resigned from his post. He was elected as the 39th Prime Minister of Nepal. Prachanda has stepped down honouring a power-sharing agreement entered by him with the ruling partner Nepali Congress on August 3, 2016. As per the agreement, Dahal, who is the Chairman of CPN (Maoist Centre) was to have a brief stint of 9 months and will be succeeded by Nepali Congress president Sher Bahadur Deuba. It was agreed that the government will be run on a rotational basis until elections to Parliament are held in February 2018. Sher Bahadur Deuba is expected to assume the office by next week. In his tenure, he will oversee the remaining two elections — provincial and central which are to be conducted by January 2018.
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