Current Affairs for IAS Exams - 08 September 2019
Government to spend huge amounts for JalJeevan mission
Prime Minister NarendraModi has announced that the central
government will spend 3.5 lakh crore rupees in the next five years on 'JalJeevan
Mission' to deliver potable water at every household across the country.
Addressing the state-level MahilaSakshamMelava or Empowered
Women's Meet of Self Help Groups (SHG) organised by Maharashtra State Rural
Livelihood Mission (UMED) in Aurangabad, he said that JalJeevan Mission has been
launched in order to free women from the trouble of having to toil hard to fetch
water. He said JalJeevan Mission involves saving water and delivering water at
Mr Modi said that women are playing a vital role in the
development of the country and pointed out that due to the SHGs, women are
becoming financially independent that will help the country to become strong. He
expressed the need to make the SHG movement more powerful in the country.
Speaking about other initiatives for the empowerment of women's
SHGs, the Prime Minister said, "Under MUDRA scheme, one woman in every SHG will
get a loan of 1 lakh rupees and this will help them start new ventures and grow
Talking about the Marathwada region which has been experiencing
severe drought since last many years, the Prime Minister credited the state
government for having taken permanent measures to tackle the situation and
lauded the scheme of Marathwada Water Grid initiated by Chief Minister
DevendraFadnavis to make the region drought-free.
Centre claims Khadi registered high growth
The 150th birth anniversary of Father of Nation, Mahatma
Gandhi will be celebrated on 2nd of October this year. In 1918 Mahatma
Gandhi started his movement for Khadi as relief programme for the poor
masses living in India's villages.
The khadi movement by Gandhi aimed at boycotting foreign cloth
and he began promoting the spinning of khadi for rural self-employment and
self-reliance. Mahatma Gandhi strongly advocated the usage of Khadi products.
Over the last five years, Prime Minister NarendraModi has left
no stone unturned to popularize Khadi among the people. Mr Modi has given the
Mantra of ‘Khadi for Nation, Khadi for fashion'.
The Prime Minister in his Mann Ki Baat address in October 2014
stressed on the need for use of khadi products as a homage to Mahatma Gandhi.
Mr Modi impressed upon the people to use at least one khadi
product as it will benefit the poor and lit the lamp of prosperity in their
Talking exclusively to AIR News, Chairman of Khadi and Village
Industries Commission(Kvic) Vinai Kumar Saxena said, the Khadi has registered a
tremendous growth after the Prime Minister's appeal.
Government to setup task force to identify high net worth infra
The government on Saturday said it had constituted a
high-level task force to identify infrastructure projects for ₹100
lakh-crore worth investment to be made by 2024-25 as India aims to become a
The task force, headed by the Economic Affairs Secretary, will
draw up a ‘national infrastructure pipeline’ of ₹100 lakh-crore, the Finance
Ministry said in a statement.
The task force will comprise secretaries from different
Ministries, senior officials and the NITI Aayog CEO. It will identify
technically feasible and financially/economically viable infrastructure projects
that can be initiated in 2019-20.
To achieve the target of scaling India’s GDP to $5 trillion by
2024-25, the country needs to spend about $1.4 trillion (₹100 lakh crore) from
the fiscal 2019-20 to 2024-25 on infrastructure, it added.In the past decade
(fiscal 2008-17), India invested about $1.1 trillion in infrastructure.
The challenge is to step up annual infrastructure investment so
that lack of infrastructure does not become a binding constraint on the growth
of the Indian economy, the Ministry said.
Prime Minister NarendraModi, in his Independence Day speech, had
said that ₹100 lakh crore would be invested in infrastructure over the next five
years.These will include social and economic infrastructure projects.
SEBI calls for unification of corporate bond market
SEBI Chairman Ajay Tyagi has called for unification of
corporate bond market with the more widely-traded government securities
market to make it easier for investors to enter and exit the market.
Addressing an event in Mumbai, Mr.Tyagi said there is a need for
seamless transmission of information from G-secs to the corporate bond market.
Reeling out data, Mr.Tyagi said the market has gained
significant traction over the past years, as funds raised from the market
touched Rs. 6.5 lakh crore mark or 16.3 percent of GDP in FY19 from Rs. 3.7 lakh
crore mark or 13 percent of GDP in FY13.
To a question on a social stock exchange, which was announced in
the budget, Mr.Tyagi said SEBI will be setting up a working group on the same.
Iran breaches nuclear deal, says it can further enrich Uranium
Iran said on Saturday it was now capable of raising uranium
enrichment past the 20% level and had launched advanced centrifuge machines
in further breaches of commitments to limit its nuclear activity under a
2015 deal with world powers.
The 2015 pact curbed Iran’s disputed nuclear programme in
exchange for relief from sanctions, but has unravelled since the United States
pulled out of it last year and acted to strangle Iran’s oil trade to push it
into wider security concessions.
Since May, Iran has begun to exceed limits on its nuclear
capacity set by the pact in retaliation for U.S. pressure on Iran to negotiate
restrictions on its ballistic missile programme and support for proxy forces
around the Middle East.
Iran says its measures are reversible if European signatories to
the accord manage to restore its access to foreign trade promised under the
nuclear deal but blocked by the reimposition of U.S. sanctions.
The deal capped the level of purity to which Iran can enrich
uranium at 3.67% - suitable for civilian power generation and far below the 90%
threshold of nuclear weapons grade.
U.N. nuclear inspectors reported in July that Iran had cranked
up enrichment to 4.5% purity. Mr.Kamalvandi said Tehran could now exceed the 20%
level, a significant leap towards the critical 90%, “but right now there is no
need for that”.
Afghanistan accepts U.S assurance on Taliban deal
The Afghan government on Saturday welcomed a pledge by the
Pentagon that the U.S. would only accept a “good deal” from the Taliban after a
wave of insurgent attacks sparked concerns of a hasty U.S. withdrawal.
During a wide ranging press conference in Paris earlier on
Saturday, U.S. Defense Secretary Mark Esper sought to allay fears that
Washington was looking for a quick exit from Afghanistan as it inches closer to
a potential deal with the Taliban.
Kabul has been gripped by a surge in deadly violence even after
the U.S. and the insurgents reached an agreement “in principle” that would see
the U.S. pull thousands of troops from Afghanistan in return for various Taliban
According to parts of the deal made public so far, the Pentagon
would pull about 5,000 of its roughly 13,000 or so troops from five bases across
Afghanistan by early next year. The insurgents in turn will renounce al-Qaeda,
promise to fight the Islamic State (IS) group and stop jihadists using
Afghanistan as a safe haven.
::SCIENCE & TECHNOLOGY::
ISRO says 95% of Chandrayaan mission successful
ISRO says despite the loss of communication with Vikram
Lander, 90 to 95 per cent of the mission objectives have been accomplished.
In a statement, it said the Orbiter has already been placed in
the orbit around the moon.
This shall enrich our understanding of the Moon's evolution and
mapping of the minerals and water molecules in the Polar Regions, using its
eight state-of-the-art scientific instruments.
The ISRO said the Orbiter camera is the highest resolution
camera in any lunar mission so far and shall provide high-resolution images
which will be immensely useful to the global scientific community.
The statement said Vikram Lander followed the planned descent
trajectory from its orbit of 35 Km to just below 2 km above the surface.
All the systems and sensors of the Lander functioned excellently
until this point.
The chairman of the Indian Space Research organization, Dr K
Sivan says that Prime Minister NarendraModi's speech at the space centre is a
source of inspiration for scientists.In an interview to PrasarBharti, he said,
the speech will keep all of us motivating.
Bianca Andresscu wins US open dafeating Serene Williams
Canadian teenager Bianca Andreescu stunned Serena Williams
6-3, 7-5 to grab the US Open 2019 women's singles title. The 19-year-old
Andreescu becomes the first Canadian singles player to win a Grand Slam
Meanwhile, Serena Williams, has lost each of her last four Grand
Slam finals, all with a chance to tie Margaret Court's record of 24 Grand Slam
Serena had defeated ElinaSvitolina 6-3, 6-1 in the semi-final to
reach her 10th US Open final while Andreescu beat Belinda Bencic of Switzerland
7-6, 7-5 to reach the final.
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