President inaugurates ‘One District one Product’ Summit
The President of India, Shri Ram NathKovind, inaugurated the ‘One
District One Product’ Summit today (August 10, 2018) in Lucknow.
Speaking on the occasion, the President said that micro, small and
medium enterprises are called the backbone of our economy. These enterprises
are engines of inclusive development. After the agricultural sector, most
people find employment in this sector.
He expressed confidence that the ‘One District One Product’ scheme will
enhance skills of local people as well as increase the reach to products.
And it will result in economic progress of artisans of Uttar Pradesh.
The President noted that under the ‘One District One Product’ scheme,
the state government has set a goal of providing employment to 25 lakh
people in five years through the financial assistance of Rs. 25,000 crores.
He expressed hope that this scheme will create large number of
employment opportunities for the youth and strengthen the inclusive and
sustainable development of Uttar Pradesh.
Supreme court to hear issue of fake voters
In an urgent mentioning, a three-judge Bench led by Chief Justice of
India DipakMisra heard advocate Varun K. Chopra representing the senior
Congress leader. The court decided to examine the petition, in which both
the Election Commission of India and the State poll body are arraigned as
Election Commission is the watchdog of free and fair elections and is
duty-bound to circumvent the pressure and ascertain that the ensuing
elections are free from any impediments, in order to uphold the democratic
sanctity and fundamental rights of the voter,” the petition settled by
senior advocate VivekTankha said.
The petition said senior leaders from MP had submitted a detailed
representation in June 2018 to the Commission highlighting the inclusion of
“60 lakh duplicate, repeat, multiple, illegal, invalid and false
entries/voters in the electoral rolls of Madhya Pradesh for Assembly
It said mock polls were done on only five per cent of EVMs and VVPATs in
a constituency. “It is imperative that at least 50% of EVMs and VVPATs are
brought under the purview of mock poll to reduce the margin of error and
increase the trust of the electorate.
India aims triple ethanol production
India will triple its ethanol production over the next four years till
2022 and this will save Rs. 12,000 crore in the country’s oil import bill,
Prime Minister NarendraModi said on Friday, which is being celebrated as
World Biofuels Day.
The Prime Minister also blamed the previous government for not
encouraging the production and adoption of ethanol, saying his government
has planned 12 biofuel refineries in the country at an investment of Rs.
Now we will produce 450 crore litres of ethanol in the next four years
from the existing 141 crore litres. This will result in an import savings of
Rs. 12,000 crore.” The government will achieve 10% ethanol blending in
petrol by 2022 and is aiming to double it to 20%,” Mr.Modi added.
India needs to adopt a holistic approach to meet the consistent targets
of ethanol blending, which this government has been maintaining at abysmal
levels (2% currently as per the policy document itself).
SEBI Issues guidelines to Control Black Money in Share Market
Securities and Exchange Board of India (SEBI), vide circular dated April
27, 2007, has mandated that PAN would be the sole identification number for
all participants transacting in the securities market, irrespective of the
amount of transaction.
In the case of securities also, giving / taking delivery of securities
in “demat mode” should be directly to / from the “beneficiary accounts” of
the clients except delivery of securities to a recognized entity under the
approved scheme of the stock exchange and / or SEBI.
Further, SEBI has brought to the notice of SEBI registered market
intermediaries the various notifications issued by the Government of India
on Prevention of Money Laundering Rules, relating to making Aadhaar number
issued by the Unique Identification Authority of India (UIDAI) and Permanent
Account Number (PAN) or Form No. 60, as defined in Income Tax Rules, 1962
mandatory for both new and existing accounts with financial market
intermediaries including securities market intermediaries.
Moreover, SEBI registered intermediaries are required to follow
stringent KYC norms on an ongoing basis and are also required to file
Suspicious Transaction Reports (STRs) to the Financial Intelligence Unit (FIU)
in case of suspicious activities of their clients.
Appropriate action against evasion of taxes/black money, including
against cases involving black money investments, is an on-going process.
Such action under direct tax laws includes searches, surveys, enquiries,
assessment of income, levy of taxes, penalties, etc. and filing of
prosecution complaints in criminal courts, wherever applicable.
Equador declares migration emergency due to Venezuelan impact
More than half a million Venezuelans have crossed into Ecuador this
year, the UN said on Friday, after Quito declared a state of migration
emergency triggered by the crisis engulfing Venezuela.
Colombia and Brazil, which share borders with Venezuela, have borne the
brunt of the regional humanitarian emergency brought on by the near total
collapse of the Venezuelan economy.
But with the crisis deepening, the “influx is now accelerating” into
Ecuador and beyond, with some people making arduous weeks-long journeys on
foot before finding a place to settle, the UN refugee agency (UNHCR) said in
The UNHCR said Ecuador’s state of emergency declaration would help
mobilise more resources.
SCO Peace Mission Exercise dates announced
As part of Shanghai Cooperation Organization (SCO) initiatives, SCO
Peace Mission Exercise is conducted biennially for SCO member states. The
joint exercise for the year 2018 will be conducted by Central Military
Commission of Russia from 22 August to 29 August 2018 at Chebarkul,
This exercise marks a major milestone in the multilateral relations of
SCO member nations. The exercise will involve tactical level operations in
an international counter insurgency or counter terrorism environment under
Indian contingent of 200 personnel is primarily composed of troops from
infantry and affiliated arms & services alongwith Indian Air Force. The
Indian contingent has been put through a strenuous training schedule which
includes firing, heliborne operations, combat conditioning, tactical
operations and house intervention drills.
The joint exercise will strengthen mutual confidence, interoperability
and enable sharing of best practices among armed forces of SCO Nations. It
will be a landmark event in the history of SCO defence cooperation.
::SCIENCE & TECHNOLOGY::
Centre launches scientific research funding portal
The Union science ministry’s communication wing, VigyanPrasar, has
launched the India Science Technology and Innovation portal that can help
with such queries.
Currently the portal can be queried for information about the
organisations carrying out research, those funding them, international
collaborations, the scientists involved in the research, the states in which
they are being carried out, their achievements and impact.
There’s also a compilation of technologies developed in India, the
organisations that have developed these technologies, those that have funded
them and the status of the technologies.
Both the portal and the channel are part of a push by the Science
Ministry to improve its public outreach. By next year, the Ministry hopes to
offer science programmes on Doordarshan and eventually launch a dedicated
According to a roadmap prepared by the Union government, the Science
Ministry proposes to spend Rs. 15 crore over five years to cover costs of
portal development and updates.
HADR operations in flood prone kerala
Many parts of Northern Kerala are completely isolated by landslides and
floods due to heavy rains. Kerala state government had requested IAF to
provide urgent assistance in Wayanad for providing relief to the affected
IAF had responded immediately to the crisis and is extending all
possible assistance to the people affected by landslides and floods in
Kerala through Humanitarian Assistance Disaster Relief (HADR) missions.
Five An-32 transport aircraft were deployed to transport NDRF teams and
their equipment from Arakkonam to Calicut on 09 Aug 18.
Two Mi-17 V5 helicopter and one Advance Light Helicopter (ALH) has been
pressed into service for distribution of relief material and winching
operations. On 09 Aug 18, three persons were winched to safety by IAF
helicopters and 300 Kg of relief material was dropped for flood affected
These helicopters continue to be deployed for relief and rescue
operations even now and are being tasked as requested by the state
Saina Nehwal out of top10 BWF rankings
Owing to their poor run of form at the World Championships, SainaNehwal
dropped out of the top 10 while K. Srikanth slipped two places to eighth in
the latest BWF rankings. Saina lost a place to be 11th.
P.V. Sindhu, who clinched her second successive silver at the event,
retained her third spot. H.S. Prannoy, who also lost in the second round at
Nanjing, remained 11th.
DDCA takes up measures for betterment of cricket in Delhi post allegations
As the new Executive Committee of the DDCA completes one month in
office,they have, for the betterment of cricket in Delhi, taken the
Appointed a Cricket Committee comprising of international players of
repute who have contributed greatly to Indian cricket. Members of the
Cricket Committee are VirenderSehwag, Aakash Chopra and Rahul Sanghvi.
Selection process of selectors, coaches, managers and physios has been
completed in a very professional and transparent manner independently by the
The DDCA, however, has held back the announcement of the coaches for
different teams after having picked the selectors.