Tuesday, 20 June 2017

Daily Update On Current Affairs - June 20, 2017

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

GST: Anti-Profiteering Panel To Be Set Up

The GST Council headed by Union Finance Minister Arun Jaitley comprising of state finance ministers as members have decided to set up a five-member anti-profiteering authority to decide on levying the penalty if businesses do not pass on the benefit of price reduction to consumers under GST regime. The GST Council has also approved the anti-profiteering rules. The anti-profiteering committee would be headed by a retired secretary-level officer. The authority would ask the businesses to pass on the benefit of price reduction on a proportionate basis to consumers. Apart from the chairman, the other members of the committee will be joint secretary-level officers who have been commissioners in central excise and service tax either at the Centre or states.

Ram Nath Kovind Chosen As Presidential Candidate By BJP

Bihar Governor Ram Nath Kovind has been chosen by the National Democratic Alliance as its Presidential Candidate. The 71-year-old lawyer turned politician Ram Nath Kovind is a commerce graduate and LLB from the Kanpur University in Uttar Pradesh. Kovind practised law in Delhi High Court and the Supreme Court for 16 years. He practised in the Delhi High Court from 1977 to 1979 and became an Advocate-on-Record of the Supreme Court of India in 1978. He was also the central government’s standing counsel in the Supreme Court from 1980 to 1993. Kovind stepped into politics in 1984 after elected to Rajya Sabha from Uttar Pradesh. He had served for two consecutive terms till March 2006.

ISRO’s Mars Orbiter Mission Completes 1000 Earth Days In Orbit

ISRO’s Mars Orbiter Mission (MOM) completes 1000 earth days in orbit. The orbiter has outlived its lifespan which is more than 5 times the number of days the orbiter was designated to last in orbit. The MOM has at present completed 388 orbits of Mars and has sent 715 images back to earth. According to the scientists, the MOM is in good health and shows no signs of slowing down. India has plans to send Mangalyaan 2.0 and a new mission to Venus after 2020.

Govt Planning To Bring Ganga Act

Government is planning to bring an Act for River Ganga which will focus on preserving the river. Water Resources Minister Uma Bharti today said her Ministry is in discussion with various stakeholders before a final view is taken. Briefing media on the achievements of her Ministry during last three years in New Delhi, Ms Bharti said the exercise will be over very soon and the bill to this effect will be introduced in the Parliament. She said the government is working seriously to clean river Ganga and the results can be seen now. 

Punjab Govt Announces Crop Loan Waiver Of Upto Rs. 2 Lakh For Small, Marginal Farmers

Punjab Chief Minister Captain Amrinder Singh announced to wave off the crop loans of small and marginal farmers as per his poll promise while giving a reply on Governor's address. Chief Minister said his government had also additionally decided to take over the outstanding crop loan from institutional sources of all the families of farmers who committed suicides in the state. The exgratia for suicide affected families has also been raised to Rs.5.00 lakh from the existing Rs.3.00 lakh.

Bengaluru Gas Distribution Project Inaugurated

Gas transmission major GAIL on Sunday launched the ₹6,283-crore Bengaluru City Gas Distribution (CGD) project. The project is expected to cover 4,395 sq. km. in urban and rural Bengaluru, broadly covering eight sectors — Nelamangala, Dod Ballapur, Devanahalli, Hosakote, Bengaluru East, Bengaluru North, Bengaluru South and Anekal. Dharmendra Pradhan, Union Minister of State (Independent Charge) for Petroleum and Natural Gas, speaking after inaugurating the CGD said: “The project will provide economical, environment-friendly, uninterrupted, safe and convenient energy to 106.12 lakh residents of Bengaluru by supplying Piped Natural Gas (PNG) to households, industries and commercial units.

China To Send Mini-Ecosystems To The Moon

China is planning to send mini-ecosystems comprising of potato seeds and silkworm eggs to the Moon by next year. The move is aimed at studying how the organisms develop in Moon. 

Salient Highlights:
The 3-kilogramme mini-ecosystem will be developed by research teams under the leadership of Chongqing University in China. The mini-ecosystems would be sent to the moon by Chang’e 4 which is scheduled to be launched in 2018.

NASA’s Orion Spacecraft Clears Safety Tests

NASA’s Orion Spacecraft which has been designed to carry astronauts to deep space destinations like Moon and Mars has successfully carried out a series of tests to test its critical safety systems. NASA test fired Orion’s launch abort system by firing the 17-foot tall motor for five seconds. The test was successful as the motor produced enough thrust and thus qualifying for future missions with astronauts.

Afghan President Inaugurates First Afghanistan-India Air Corridor

Afghan President Ashraf Ghani today inaugurated the first Afghanistan-India air corridor at the Kabul International Airport. The corridor is a direct route that will bypass Pakistan and is meant to improve commerce in Afghanistan. Afghanistan is a mountainous landlocked country and all imports and exports depend on neighbouring countries.

Tata Group, Lockheed Martin Sign Deal To Manufacture F-16 Fighter Jets In India

Tata Group and American aerospace giant Lockheed Martin have signed an unprecedented deal to produce, operate and export the combat-proven F-16 fighters in India. According to PTI, under the deal signed on 19th June 2017, Lockheed will shift its Fort Worth, Texas plant to India without directly affecting American jobs, a campaign pledge of Trump who has vowed to put America First.

Tamil Nadu Assembly Enacts Bill Amid Opposition Walkout

The Tamil Nadu Goods and Services Tax Bill, 2017, was enacted in the Assembly on Monday after an active debate that was followed by the main Opposition, the DMK, staging a walkout. The Bill had been introduced in the Assembly on June 14. The Leader of Opposition MK Stalin, while expressing his concerns, urged the government to forward the Bill to the consideration of a select committee for a detailed study. The enactment may be put off to a later date, he felt.

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