Current Affairs 2 November 2017 Analysis

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NATIONAL

Inter-State Council Reconstituted , PM as Chairman :-

The Inter-State Council, which is mandated to investigate and advise on disputes between states, has been reconstituted.

  • PM as a chairman & six Union ministers and all chief ministers as members.
  • Union territories having legislative assemblies will also be members of the council.

About Inter-State Council :-

  • Article 263 of the Constitution provides for the establishment of an Inter-State Council.
  • It inquires into and advise upon disputes which may arise between states, investigate and discuss subjects in which some or all of the states, or the Union and one or more of the states, have a common interest.
  • It is also tasked with giving recommendations on any such disputes and recommendations for the better coordination of policy and action.
Goa hosts India – US Ocean Dialogue :-
  • The dialogue, aimed at promoting sustainable development of the Blue Economy.
  • It is being hosted by the Indian Ministry of External Affairs at the Council of Scientific and Industrial Research-National Institute of Oceanography (CSIR-NIO) in Goa.
  • According to the World Bank, the Blue Economy is sustainable use of ocean resources for economic growth, improved livelihoods and jobs, and ocean ecosystem health.
Goa Ranks top Bihar at bottom of Gender Vulnerability Index :-

According to Gender Vulnerability Index (GVI) released by Child development NGO Plan India Goa ranked top and Bihar featured at the lowest.

Gender Vulnerability Index (GVI) released by Child development NGO Plan India
Gender Vulnerability Index (GVI) released by Child development NGO Plan India

About Gender Vulnerability Index :- 

  • The composite index has been developed within research for the “NGO’s Plan for Every Child campaign” which is aimed at comprehensively understanding the dimensions of various problems affecting children, particularly girls, in difficult circumstances
  • It analyses four issues pertinent to the situation of girls — child safety/protection, poverty, health and education.
  • It analyses more than 170 indicators, has been developed to serve as measurable evidence with the aim of assisting and influencing policy makers.
Govt tweaks RKVY Scheme to make farming remunerative :-

To make farming a remunerative profession, the government on Wednesday approved changes to ongoing central scheme Rashtriya Krishi Vikas Yojana (RKVY) with a focus on value chain, post-harvest infrastructure and agri-entrepreneur development, among others.

Now RKVY will be known as RKVY-Remunerative Approaches for Agriculture and Allied sector Rejuvenation (RAFTAAR) to be implemented for three years till 2019-20.

About RKVY-RAFTAAR :-

  • The objective of the scheme is to make farming a remunerative economic activity through strengthening the farmer’s effort, risk mitigation and promoting agri­business entrepreneurship,
  • The scheme will incentivise states in enhancing more allocation to agriculture and allied sectors. It will strengthen farmer’s efforts through creation of agriculture infrastructure that helps in supply of quality inputs, market facilities, etc.
  • It will further promote agri-entrepreneurship and support business models that maximise returns to farmers,
NOTE ONE LINE CURRENT AFFAIRS :-
  • Five states celebrates its foundation day on 1 november such as Karnataka, Chattisgarh, Haryana, Kerala & Madhya Pradesh.
  • India Russia ink deal to grant visa free entry to airline pilots crew.
  • India is home to World Most Numbers of malnourished kids according to report published by Assocham & EY which shows that India needs to focus on health & social inequities. Over the decade (2005-15), there has been an overall reduction in the infant mortality rate and under-five mortality rate in India, yet the country is housing about 50 per cent of undernourished children of the world.

WORLD

Japan re-elects Shinzo Abe as a Prime Minister :-
  • Japan’s lower house of parliament has re-elected Shinzo Abe as prime minister after his party won a resounding victory in a snap election
  • Abe easily won the race Wednesday with 312 votes in the 465-seat lower house.
  • The 63-year-old Abe dissolved the lower house in late September to force an election.

BUSINESS

EESL secures $454 million funding from Global Environment Facility
  • In a boost to India’s efforts to transition to a low-carbon economy, the Global Environment Facility (GEF) will provide $454 million in funding for energy-efficiency projects run by state-owned Energy Efficiency Services Ltd (EESL).
  • It will help EESL’s projects mitigate 60 million tonnes (mt) of carbon dioxide emissions.
  • The funding will be utilised for EESL’s programmes for street lighting, domestic lighting, five-star rated ceiling fans and agricultural pumps and also help diversify its portfolio.

About Global Environment Facility (GEF) :-

  • It is an international partnership of 183 countries, United Nations agencies, multilateral development banks, and international non-governmental organisations (NGOs).
  • It helps to address global environmental issues while supporting national sustainable development initiatives.
  • It was founded in 1992 at Rio Earth Summit

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