Weekly Current Affairs : 5 November to 10 November 2018

Weekly Current Affairs : 5 November to 10 November 2018

Union Home Ministry releases Rs 113 crore to 6 Border States for development purpose

The Union Ministry of Home Affairs on November 5, 2018 released Rs 113.36 crore to 6 Border States under the Border Area Development Programme (BADP) to improve the condition of people living in these isolated locations. These 6 Border States are Assam, Nagaland, Sikkim, Gujarat, Rajasthan and Uttarakhand.

Lucknow stadium renamed after Atal Bihari Vajpayee ahead of India-West Indies T20I match

The newly-built Ekana International Stadium of Lucknow was on November 5, 2018 renamed after former Prime Minister Atal Bihari Vajpayee. The stadium will now be known as 'Bharat Ratna Atal Bihari Vajpayee International Cricket Stadium'.

The stadium was renamed just ahead of the first-ever international cricket match - the T20 International between India and West Indies. The city hosted its first international match at the stadium on November 6, 2018 when India played against West Indies in the second T20 International match.

Arvind Kejriwal  inaugurated Delhi’s Signature Bridge

Delhi Chief Minister Arvind Kejriwal on November 4, 2018 inaugurated the long awaited Delhi's Signature Bridge, the first asymmetrical cable-stayed bridge in India.

The bridge was constructed by the Delhi Tourism and Transport Development Corporation (DTTDC) at an expenditure of Rs 1,518.37 crore and is  675-metre long.

US exempts India, China from its sanctions for buying Iranian oil

The United States on November 5, 2018 temporarily exempted eight countries, including India along with China, Japan, Italy, Greece, South Korea, Taiwan and Turkey from the US sanctions for buying Iranian oil. 

Addressing a press conference in Washington, US Secretary of State Mike Pompeo announced the list of the countries temporarily exempted from the sanctions.

India to resume exporting raw sugar to China from early 2019

India plans to resume exporting raw sugar to China beginning 2019, almost after a decade. India is the largest producer of sugar in the world. India produces sugar of all three grades- raw, refined and white.

USITC rules against anti-dumping duty on PTFE resin from India, China

The US International Trade Commission on November 2, 2018 ruled against putting an anti-dumping duty on the import of a synthetic fluoropolymer from India and China. The fluoropolymer is a key ingredient in the non-stick coating for pans and other cookware.

RBI initiates process to set up digital Public Credit Registry

The Reserve Bank of India has initiated the process to set up a digital Public Credit Registry to capture all the details of borrowers, including wilful defaulters and also the pending legal suits in order to check financial delinquencies. 

India re-elected as member of ITU council till 2022

India has been elected as a member of the International Telecommunications Union Council (ITU) for another 4-year term from 2019 to 2022.

The elections to the Council were held during the ongoing ITU Plenipotentiary Conference 2018 at Dubai. The ITU has 193 member states, which elect representatives to the council.

IIT-Madras develops India’s first microprocessor ‘Shakti’

The microprocessor called ‘Shakti’ was designed, developed and booted by IIT Madras with a microchip fabricated in the Semi-Conductor Laboratory of Indian Space Research Organisation (ISRO) at Chandigarh. It has been developed at an outlay of about Rs 11 crore.

Ministry of Food Processing Industries issues guidelines for 'Operation Greens'

The Union Ministry of Food Processing Industries (MoFPI) on November 5, 2018 approved the operationalisation strategy for Operation Greens. 

The Operation Greens was announced in the Budget speech of 2018-19 with an outlay of Rs 500 crores to stabilise the supply of Tomato, Onion and Potato (TOP) crops. It will ensure availability of TOP crops throughout the country round the year without price volatility.