Daily Update On Current Affairs – November 24, 2017

current affairs

Here’s your daily summary of Current Affairs.

PM Modi Inaugurates Largest-Ever Global Conference on Cyber Space          
On November 23, 2017, Prime Minister Narendra Modi inaugurated 5th Global Conference on Cyber Space (GCCS) in New Delhi. India is hosting the Global Conference on Cyber Space (GCCS) for the first time. This two-day event is one of the world’s largest conferences in the field of Cyber Space and related issues. Inaugurating fifth global conference on cyberspace, Mr. Modi said, digital technology has emerged as a great enabler and helping business for the growth of the economy.
The theme of the 5th GCCS was ‘Cyber4All: A Secure and Inclusive Cyberspace for Sustainable Development’.
PM Modi launches e-governance app Umang          

Prime Minister Narendra Modi has launched a unified app to serve e-governance through mobile devices called Umang (Unified Mobile Application for New-age Governance), the app is developed by the Ministry of Electronics and Information Technology (MeitY) and National e-Governance Division (NeGD) to offer services of the central, state, local bodies, and various government agencies right on Android and iOS-based mobile devices. The new offering had emerged on the sidelines of the fifth Global Conference on Cyberspace (GCCS) in New Delhi.          
The Umang app bundles a list of Digital India services, including Aadhaar, DigiLocker, and PayGov. Additionally, the app provides citizens with all the major government services provided through app, web, SMS, and IVR channels.
WOMEN IN THE SKY: Indian Navy gets its first female pilot         

The first batch of female officers passed out from the Indian Naval Academy at Ezhimala on 22nd November 2017. Shubhangi Swaroop, a native of Bareilly in Uttar Pradesh, has become the first woman pilot in the Navy. She will soon be flying Maritime Reconnaissance aircraft. Three other women cadets, Astha Segal from New Delhi, Roopa A. from Puducherry and Sakthi Maya S. from Kerala, also became the country’s first women officers at NAI (Naval Armament Inspectorate), branch of the Navy.  
The Chief of the Naval Staff is Admiral Sunil Lanba.
Sri lankan PM Wikremesinghe visits to India 

Prime Minister Narendra Modi met Sri Lankan Prime Minister Ranil Wickremesinghe. The Sri Lankan Prime Minister, who arrived in India on a four-day visit, will hold bilateral talks with Prime Minister Modi and will also call upon President Ram Nath Kovind. Earlier in the day, Wickremesinghe participated in the opening ceremony of the 5th Global Conference on Cyber Space (GSSC), which was inaugurated by Prime Minister Modi. 
Sri Lanka: Capitals- Colombo, Sri Jayawardenepura Kotte and Currency- Sri Lankan rupee.

Cabinet approves India’s membership for EBRD    

The Union Cabinet today approved India’s membership for European Bank for Reconstruction and Development (EBRD), a move which will help it obtain funding in various areas including services and manufacturing. The membership will increase the scope of cooperation between India and the multilateral institution through co-financing opportunities in manufacturing, services, information technology and energy.
EBRD– European Bank for Reconstruction and Development. Headquarters- London, United Kingdom and President- Suma Chakrabarti

Zimbabwe’s former vice president Emmerson Mnangagwa to be sworn in as president    

Zimbabwe’s former Vice President Emmerson Mnangagwa will be sworn in as the President of the country today. Speaker of Parliament Jacob Mudenda said that the ruling ZANU-PF party has nominated the 75-year old leader to fill the vacancy left by Mr. Robert Mugabe. Mr. Mugabe stepped down after 37 years ruling country.
Zimbabwe Capital- Harare and Currency- Zimbabwe Dollar.
IKEA opens first Hej Home in India at Hyderabad    

IKEA, the Swedish furnishing retailer, has opened its first experiential centre Ikea Hej (Hello) Home close to the IT hub of Hyderabad and their upcoming first store in the country. The Hej Home provides some insight into Ikea products and solutions which its future customers can actually buy when the store opens in India at Hyderabad early next year. The Hej Home, designed and set up over a six-month duration, highlights what the retailer stands for and what to expect from an IKEA store.          
IKEA– Ingvar Kamprad Elmtaryd Agunnaryd
Cabinet introduces ‘Pradhan Mantri Mahila Shakti Kendra’          

On November 22, 2017, Cabinet Committee on Economic Affairs (CCEA) gave approval for the expansion of schemes of the Ministry of Women and Child Development (WCD) under the umbrella scheme “Mission for Protection and Empowerment for Women”.  The expansion has been approved for a period from 2017-18 to 2019-20 with financial outlay of 3636.85 crores. Central Share will be approximately Rs.3084.96 crores. Pradhan Mantri Mahila Shakti Kendra (PMMSK) scheme is envisioned as one-stop convergence support service for empowering rural women with opportunities for skill development, digital literacy, health and nutrition and employment.
Cabinet approves agreement between India and Philippines      

The Union Cabinet approved signing and ratifying of Agreement between India and Philippines on co-operation and mutual assistance in customs matters. The agreement will help in the availability of relevant information for prevention and investigation of Customs offences. The Agreement is also expected to facilitate trade and ensure efficient clearance of goods traded between countries. It will enter into force after necessary national legal requirements have been fulfilled by both countries.           
Philippines: Capital- Manila and Currency- Philippine Peso.
Odisha to launch new irrigation scheme – Nabakrushna Choudhury Seccha Unnayan Yojana   

Odisha government today decided to launch a new scheme worth Rs. 635 crore to provide irrigation facility to about 55,000 hectares of agricultural land across the state. The scheme, “Nabakrushna Choudhury Seccha Unnayan Yojana”, has been named after former chief minister and freedom fighter Nabakrushna Choudhury. Under the scheme, 46,296-hectare command area of 14 major and medium irrigations and 284 minor irrigation projects will be revived.
Odisha: CM- Naveen Patnaik and Governor Dr. Senayangba Chubatoshi Jamir.
Latin America is World’s most violent region for Women: United Nations        

Latin America and the Caribbean is the most violent region in the world for women, the United Nations unveiled on November 23, highlighting Central America and Mexico as particularly dangerous. In a report presented in Panama, UN Women and the UN Development Programme (UNDP) found assaults on women persisted in the region despite severe laws aimed at curbing the phenomenon. The report outlined that 24 of the 33 countries in Latin America and the Caribbean have laws against domestic violence, but only 9 of them have laws to punish other forms of violence against women in public or private.

UBI gets SEBI approval for Rs 1,000-cr equity issue via QIP        

State-owned lender United Bank of India has received market regulator SEBI’s approval for issue of equity shares worth Rs. 1,000 crore by way of institutional placement. The Kolkata-headquartered bank had in January informed the bourses it planned to raise up to Rs 1,500 crore through qualified institutional placement (QIP), rights or public issue. UBI had earlier plans to rise up to Rs. 500 crore of Basel III-compliant listed additional tier-I debt instruments in the nature of bonds. UBI would seek approval for this amount from its board, which is scheduled to meet on December 6, 2017.    
United Bank of India: Headquarters- Kolkata and CEO- Pawan Kumar Bajaj.

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