Current Affairs – April 25, 2018

Current affairs April 2018 25 - Current Affairs – April 25, 2018

World Malaria Day: 25th April


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World Malaria Day 2018 has “Ready to beat malaria” as its theme. Every year, April 25 is celebrated as World Malaria Day. Malaria is a life-threatening disease which is caused by mosquito bites. Malaria is caused by plasmodium parasite and is transmitted in humans through the bite of female Anopheles mosquito. Malaria can be cured and prevented.

PM launches Rashtriya Gram Swaraj Abhiyan in Mandla of Madhya Pradesh

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Addressing Panchayati Raj representatives across the country, from Mandla, the Prime Minister recalled Mahatma Gandhi’s call for Gramoday to Rashtroday, and Gram Swaraj. He said he is delighted to be in Madhya Pradesh on National Panchayati Raj Day. He added that Mahatma Gandhi always highlighted the importance of villages and spoke about ‘Gram Swaraj’. He called upon everyone to reaffirm the commitment to serving our villages. The Prime Minister felicitated the Sarpanches of villages which have achieved 100 percent smokeless kitchens, 100 percent vaccination under Mission Indradhanush, and 100 percent electrification under Saubhagya Scheme.

Telangana tops in GST collection

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The Telangana State has achieved another distinction as number one in the country in terms of tax collection under the Goods and Services Tax regime. The State had successfully brought down the revenue gap in GST collections to 2.4% by the end of the financial year 2018 from 27.8% witnessed during July 2017, the month when the GST regime was put in place. Union Finance Secretary Hasmukh Adhia addressed a letter to the State government, congratulating it on the achievement. The Union official hoped that the State would soon become revenue-surplus from the present revenue-deficit status. Mr. Adhia said the performance of GST collection was improving with some ups and downs. The overall revenue gap in the country which was 28.3% in July came down to 17.9% in March.

Govt kickstarts merger process for 3 PSU general insurers

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Finance Minister Arun Jaitley in the Budget speech had announced that National Insurance Company Ltd, United India Assurance Company Limited and Oriental India Insurance Company Limited would be merged into a single insurance entity and would be subsequently listed. The government has held preliminary meetings to set in motion the proposed merger process of three state-owned general insurers, sources said. The three insurers together collected a total premium of about Rs 44,000 crore in 2016-17 and their combined market share was close to 35 percent in the general insurance industry. The merger of these three state-run insurers will lead to the creation of a mammoth non-life company and is expected to be a major contributor to the divestment target of Rs 80,000 crore set for the fiscal year 2018-19.

The 3rd tranche of electoral bonds sale from May 1

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The third tranche of electoral bonds, aimed at making poll-funding transparent, will be sold at 11 branches of State Bank of India (SBI) from May 1 to May 10, the government said on 24th April. The electoral bonds will be available at 11 branches of the bank. The poll-related funding can be done by purchasing these bonds but only through bank accounts meeting all KYC norms. The bonds will not name the donor or the receiving political party. “The bonds will be valid for 15 days from the date of issue and no payment shall be made to any payee Political Party if the Electoral Bond is deposited after the expiry of the validity period,” the Finance Ministry added.

The government of India and World Bank Signs Agreement to Improve Rural Road Network in Madhya Pradesh

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The Government of India, the Government of Madhya Pradesh and the World Bank on 24th April signed a $210 million loan agreement for the Madhya Pradesh Rural Connectivity Project. The Project is expected to improve the durability, resilience, and safety of the gravel surfaced rural roads and enhance the capacity of the state to manage its rural roads network. The Project will cover 10,510 km stretch of rural roads in Madhya Pradesh that fall under the Chief Minister’s Gram Sadak Yojana (CMGSY) program. Of this 10,000 km will be upgraded from existing gravel to bituminous surface roads, while 510 km of new roads will be built to the same bituminous surface standard.

India tops the list, US 2nd for flagging inappropriate content on YouTube

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India tops the list of users flagging as many as 9.3 million unique videos on video streaming platform, YouTube during the October-December 2017 period for inappropriate content. Over 8.28 million videos were removed from the platform in the fourth quarter of 2017 based on automated flagging or human detection, as per YouTube’s Transparency Report. The report said a total of 9,321,943 unique videos had been flagged for inappropriate content in the said quarter, of which about 95 percent had been by individual users and 4.8 percent was by “individual trusted flaggers”. Following in the tally was the US, Brazil, Russia, Germany, the UK, Mexico, Turkey, Indonesia and Saudi Arabia.

Robots greet customers at world’s first personless bank branch

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A bank has opened a branch run entirely by robots, who greet customers and manage accounts, in a world first. The Shanghai branch of the China Construction Bank (CCB) is run purely by technology – with virtual reality, artificial intelligence and facial recognition all playing a part. CCB, which is China’s second-biggest bank, already has 360 branches across the city, with smart machines appealing to its tech-savvy customers and slashing of staff costs making it a winner for bank bosses.

Rizvi’s silver opens India’s account at ISSF World Cup

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Shahzar Rizvi on 24th April clinched India’s first medal at the ongoing ISSF World Cup in Changwon, winning a silver in the 10m air pistol event. Rizvi, who had won the gold medal in his first appearance in the ISSF World Cup in Guadalajara, Mexico in March, fell short by just 0.2 points this time. He bagged the silver medal in the intriguing contest, scoring 239.8. Russia’s Artem Chernousov clinched the gold medal with a final score of 240 while the bronze went to Bulgaria’s Samuil Donkov who shot a total score of 217.1. After Indian shooters drew a blank on the first two days, the onus was on Rizvi and Commonwealth Games medallists Jitu Rai and Om Prakash Mitharval to end the country’s medal drought.

Learn two a Day:
Keoladeo National park: Rajasthan
Sanjay Gandhi National park: Mumbai

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