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Contents
Topic Page Number
MOU/Agreement Countries 3
MOU Industry/States/Others 4-5
Appointments and Resignations 5-9
Awards and Recognitions 9-12
Conference and Summits 13-16
International News 16-20
National News 20-26
State News 27-34
Finance and Banking News 35-38
Business News 39-40
Economy News 40-43
Apps Launches/ Portal/Helpline 43-44
Science & Technology 44-45
Defence News 45-47
Sports News 47-53
Committees 53-54
Rankings of Countries 55-56
Rankings (Persons and Organisations) 56-57
Loans from Banks 57-59
Deadlines 59
GDP Growth rates predictions 60
Books and Authors 60-61
Obituaries 61-64
Nobel Prize Winners 64
Miscellaneous News 64-66
Important Days(Nov-Dec) 66-67
Union Budget 67-68
Important Government Schemes 69-70
Demonitisation in India 71
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MOU/Agreement Countries
Countries Purpose
India Nepal On Drug Demand Reduction and Prevention of Illicit Trafficking in Narcotic Drugs and
Psychotropic Substances and precursor chemicals, and related matters.
India Nepal For starting construction of a new Bridge over Mechi River at Indo-Nepal border.
The estimated cost of construction of the bridge is 158.65 crore rupees, which would be
funded by Government of India through ADB loan.
India International
Vaccine
Institute (IVI)
in South
Korea
India has committed an annual contribution of $5,00,000 for vaccine research and
development.
India Brazil For cooperation in the fields of Zebu Cattle Genomics and Assisted Reproductive
Technologies
India Canada A set of two commemorative postage stamps will be issued jointly by the Government of
India and Canada on the theme of Indian festival Diwali, which will be released on
September 21, this year.
India Japan For collaborative research in the field of silkworm and silk industries
India Japan To start a postal service called cool box service , which will help Japanese people living in
India to order food from Japan.
India Morocco In the areas of drug regulation and pharmaceutical quality control and communicable
diseases among others.
India Belarus Both countries released a postage stamp to mark 25 years of diplomatic ties between the
two sides.
India Russia To build the Roppur nuclear power plant in Bangladesh, the first initiative under a Indo-
Russia deal to undertake atomic energy projects in third countries.
India Norway To extend health cooperation, especially in the areas of reproductive, maternal, new-
born, child and adolescent health.
India Sri Lanka To develop a village in Anuradhapura District (Sri Lanka) at a cost of 30 crores Sri Lankan
rupees.
India Bangladesh To construct a bridge over Mizoram s Khawthlangtuipui river to facilitate trade and
improve communication between the two neighbours.
India BRICS
nations
Memorandum of Cooperation (MoC) with respect to tax matters
India Switzerland On technical cooperation in the rail sector, including development of tilting trains that tilt
on approaching a bend.
India Myanmar On upgradation of the Women s Police Training Centre at Yamethin, Myanmar.
India Sweden A Sweden-India Startup Sambandh initiative has been launched by Invest India and
Founders Alliance in Sweden for higher cooperation among start-ups.
India Mozambique To expedite development of the giant Rovuma gas discovery, which is planned to be
converted into LNG for exports.
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MOU Industry/States/Others
Organizations Purpose
YES Bank Santander UK plc to help boost UK-India trade and local business
networking opportunities
YES Bank Indus OS, Domestic android-
based mobile operating system
to launch an OS-integrated UPI payment platform
YES Bank Overseas Private Investment
Corporation (OPIC) and US s
Wells Fargo Bank
to increase lending to small and medium enterprises
(SMEs) in India
Punjab National Bank Bajaj Allianz General for distribution of Bajaj Allianz s general insurance
products through the bank s network
Punjab National Bank BSNL They have teamed up to roll out open mobile wallet
Speedpay across 10 states in the country. PNB s
Speedway wallet will operate like any other mobile
wallet for paying bills, recharging phone besides its
users will be able to deposit and withdraw money
from authorised retail outlets.
Air India Punjab National Bank and
IndusInd Bank
To secure loans to the tune of over Rs 3,000 crore for
meeting working capital requirements.
NITI Aayog International Road Federation,
Geneva (IRF Geneva)
They have signed a Statement of Intent (SoI) to
cooperate in the field of Intelligent Transportation
Systems (ITS).
Andhra Pradesh Govt Visa For Digital Dhan Sankalp project. It is an initiative to
develop Visakhapatnam into India s first less cash
city.
Canara HSBC Oriental
Bank of Commerce
Life Insurance
Dhanlaxmi Bank All the life insurance products of Canara HSBC
Oriental Bank of Commerce Life Insurance would be
made available to customers of Dhanlaxmi Bank
South Indian Bank PFG Forex for remittance facility for the benefit of Indian
expatriates from Australia.
HDFC ERGO General
Insurance
Andhra Pradesh to implement Weather Based Crop Insurance Scheme
(WBCIS) for loanee and non-loanee farmers.
HDFC ERGO Ebix s ItzCash to offer general insurance products through ItzCash s
physical retail outlets
Axis Bank Solar energy services company
Freyr Energy
to offer ter loa s ra gi g fro ₹ lakh to ₹ lakh for tenures up to five years,for solar rooftop
installations in Telangana and Andhra Pradesh.
Axis Bank Inter- American Investment
Corporation
To help traders boost relations between India and
Latin America and the Caribbean.
First Indian Bank to be a part of such a facility.
Central Government Haryana government to revive River Saraswati, and provide water in
drought-prone areas
Central Government Uttar Pradesh government For construction of All India Medical Institute of
Medical Sciences (AIIMS) at Gorakhpur.
Ministry of Water Ministry of Skill Development For the success of Namami Gange
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Resources
Bank of Baroda Finolex Plasson Industries In order to finance farmers for installation of Micro
Irrigation system for their fields through
Union Bank of India Bajaj Allianz General Insurance
and Cholamandalam MS General
Insurance
For distribution of their insurance products
IDFC Bank Digital payments company Zeta to launch IDFC Bank Benefits – a payment solution
for corporates that digitises employee spends and
claims, making the process simple, real-time and
paperless.
Dhanlaxmi Bank DHFL Pramerica Life Insurance
Company
Bank will distribute retail and group life insurance
products of company to its customers.
IndusInd Bank MobiKwik To launch a co-branded wallet IndusInd Mobikwik
Kotak Mahindra Bank Fintech firm Zeta Launch of Paymint , a multi-wallet digital prepaid
solution for salaried employees.
Bank of Baroda Amazon India Online marketplace Amazon India has planned to
provide unsecured micro-loa s, as lo as ₹ lakh, at interest rates as low as 10.45-11 per cent at a short
span of 3-5 days. The company has tied up with Bank
of Baroda for the loans, which a go up to ₹ lakh. HSBC
Sa-Dhan To develop digital ecosystem for India s unbanked
segment. Sa-Dhan is microfinance industry
association.
Appointments and Resignations
Name Post Institution
Justice Dipak Misra Chief Justice India (He took charge from Jagdish Singh Khehar)
Sunil Arora Election Commissioner India (He took charge from Achal Kumar Joti who is
now Chief Election Commissioner). Other Election
Commissioner is Om Prakash Rawa.
Dineshwar Sharma Interlocutor in Jammu and
Kashmir
The Centre has decided to start a sustained dialogue in
Jammu and Kashmir and added that former
Intelligence Bureau (IB) director Dineshwar Sharma
will be the representative from the Government of
India.
Vice Admiral Ajit
Kumar
Vice Chief Naval Staff, India
Preeti Sudan Union Health Secretary
Dr. Arvind
Subramanian
Chief Economic Advisor Chief Economic Advisor to the Government of India Dr.
Arvind Subramanian has been given a one year
extension, post the completion of his current-three
year tenure.
Ajay Bhushan Pandey Chairman Goods and Services Tax Network (GSTN). He is
Aadhaar authority UIDAI Chief Executive.
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Viveck Goenka Chairman Press Trust of India
O.Panneerselvam Deputy Chief Minister Tamil Nadu
Subhash Chandra Garg India s Alternate Governor on the Board of Governors of the Asian Development
Bank (ADB)
Achal Kumar Jyoti Chief Election Commissioner
John Joseph Director General Goods and Services Tax Intelligence (GSTI)
Rukaiya Rangwala Business Head MobiKwik Payment Gateway
Rakesh Asthana Special Director Central Bureau of Investigation (CBI)
Gurbachan Singh Special Director Intelligence Bureau (IB)
Deepak Kumar Mishra
and Sudeep Lakhtakia
Special Director General Central Reserve Police Force (CRPF)
Rajesh Ranjan and A.P.
Maheshwari
Special Director General Border Security Force (BSF)
Alok Kumar Pateria Additional Director General
(ADG)
Central Industrial Security Force (CISF)
Hasmukh Adhia Finance Secretary India
Mary Kom Ambassador Youth World Championships
Vikas Seth Chief Executive Officer Bharti AXA Life Insurance
Sudhanshu Jain Chief Financial Officer Paytm Payments Bank (PPB)
Sethurathnam Ravi Chairman Bombay Stock Exchange (BSE)
Y.C. Modi Director-General National Investigation Agency (NIA)
Ajay Bisaria Indian High Commissioner to
Pakistan
Neelamani N. Raju Karnataka s first woman Director General and
Inspector General of Police
Kenneth Juster US Ambassador To India
S Y Qureshi Ombudsmen to formulate the
AIFF Constitution within eight
weeks.
Tulsi Gabbard Chairperson World Hindu Congress 2018
Debjani Ghosh 1st woman President National Association of Software and Services
Companies (Nasscom)
Anupam Kher Chairman Film and Television Institute of India (FTII) in Pune
Sambit Patra Non-official director Board of Oil and Natural Gas Corporation (ONGC) Ltd.
R.K. Pachnanda Director General Indo-Tibetan Border Police (ITBP)
Ravi Shastri Head Coach Indian cricket team
Zaheer Khan Bowling coach (150 days a year) Indian cricket team
Bharat Arun Bowling coach (Full Time) Indian cricket team
P.V. Sindhu Deputy Collector Andhra Pradesh Government
Rajnish Kumar Chairman State Bank of India
Suresh Sethi MD and CEO India Post Payments Bank
Ashish Srivastava MD and CEO PNB MetLife
Jayant Rikhye CEO Hongkong and Shanghai Banking Corporation (HSBC)
India
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Ajay Vipin Nanavati Chairman Syndicate Bank
Sankara Narayanan Managing Director (MD) and
Chief Executive Officer (CEO)
Vijaya Bank
P R Seshadri MD and CEO Karur Vysya Bank
KV Rama Moorthy MD and CEO Tamilnad Mercantile Bank
Rajkiran Rai G MD & CEO Union Bank of India
Melwyn Rego MD & CEO Syndicate Bank
Kewal Handa Non-Executive Chairman Union Bank of India
Mukesh Kumar Jain MD & CEO Oriental Bank of Commerce
Vikram Limaye MD & CEO National Stock Exchange of India Ltd (NSE)
Ajay Kanwal Chief Executive Officer (CEO) Janalakshmi Financial Services
Shikha Sharma MD & CEO Axis Bank
M Nagaraja Sarma Chief MD United India Insurance Co Ltd.
Shashi Shanker Chairman and MD Oil and Natural Gas Corporation Limited (ONGC)
Union Minister of State for Tourism and Bharatiya Janata Party (BJP) leader K.J. Alphons Kannathanam was elected
unopposed to the Rajya Sabha from Rajasthan
Audrey Azoula Head United Nations Educational, Scientific and Cultural
Organization (UNESCO)
Indian- origin Canadian
YouTube star Lilly
Singh
Global Goodwill Ambassador UNICEF
Amitabh Bachchan Ambassador UNICEF Goodwill Ambassador for Polio – extended for
2 years
Dr. (Ms.) Mamta Suri Executive Director Insolvency and Bankruptcy Board of India (IBBI)
David Rasquinha MD (MD) Exim Bank
E Sankara Rao MD and CEO IFCI Ltd, a government company
Dilip Asbe Chief Executive Officer (Acting) National Payments Corporation of India
(after retirement of A. P. Hota, its founding MD)
Mohammad Mustafa Chairman and MD SIDBI
Dhirendra Swarup Chairman Bombay Stock Exchange
Ashish Chauhan CEO Bombay Stock Exchange
Sanjaya Baru Secretary General Federation of Indian Chambers of Commerce &
Industry (FICCI)
Prasoon Joshi Chief CBFC (Central Board of Film Certification)
Nandan Nilekani Chairman Chairman of the board of directors of Infosys
Ashwani Lohani Chairman Railway Board (succeeds AK Mittal)
He was former Air India chief
Shashi Shekhar
Vempati
CEO (addition charge) Rajya Sabha TV
Desh Deepak Verma Secretary General Rajya Sabha
PV Sindhu Brand Ambassador Bridgestone India
Akshay Kumar Brand Ambassador For Swachh Bharat Mission in Uttar Pradesh
Rahul Dravid Brand Ambassador InCred, the Mumbai-based new age financial services
group
Rajiv Mehrishi Comptroller and Auditor India (He took charge from Shashi Kant Sharma)
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General
Rajiv Kumar Vice Chairman NITI Aayog
Rajiv Bansal Chairman and MD Air India (succeeds Ashwani Lohani)
Rajiv Kumar Secretary Department of Financial Services, Ministry of Finance
Sanjaya Baru Secretary General Federation of Indian Chambers of Commerce and
Industry (Ficci)
India TV chairman and
editor-in- chief Rajat
Sharma
President News Broadcasters Association (NBA)
Y.C. Modi Director General National Investigation Agency (NIA)
Gopal Singh Chairman and MD Coal India Ltd (CIL)
Akshay Kumar Ambassador Uttarakhand Swachh Bharat Mission brand
ambassador
Sanjeev Kapoor Ambassador World Food India s Food Street. Food Street, being
held by Ministry of Food Processing Industry, will be
hosted for the first time in India from November 3.
Parineeti Chopra first Indian woman Ambassador for Tourism Australia
David Harquail Chairman World Gold Council. It is headquartered in London
United Kingdom
Eman Al-Ghamdi First time a Saudi woman has been named to a senior
government post for the first time.
Kenneth I Juster Ambassador US Ambassador to India. Juster is Successor to Richard
Verma (First US Ambassador to India of Indian origin)
Ajay Bisaria India s new High Commissioner
to Pakistan
He succeeded Gautam Bambawale
Sohail Mahmood Pakistan's High Commissioner
to India
Justice Gopal Prasad
Parajuli
Chief Justice Nepal
Ned Segal Chief Financial Officer Twitter
Saima Wazed Hossain
(daughter of
Bangladesh Prime
Minister Sheikh
Hasina)
Goodwill Ambassador for
Autism
For WHO South-East Asia Region
Soumya Swaminathan
(from India)
WHO Deputy Director General
for Programmes
Jane Ellison WHO Deputy Director General
for Corporate Operations
Neymar Jr (Brazil s
footballer)
Brand Ambassador Handicap International
S Aparna Executive Director World Bank
to represent the constituency of India, Bangladesh,
Bhutan and Sri Lanka for three years.
French Audrey Azoulay Director-General UNESCO
Angela Merkel Chancellor Germany
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Jacinda Ardern Prime Minister New Zealand
Ukhnaa Khurelsukh Prime Minister Mongolia
Peter O Neill Prime Minister Papua New Guinea
Sapar Isakov Prime Minister Kyrgyzstan
Mercedes Aráoz
Fernández
Prime Minister Peru
Hassan Rouhani President Iran
Uhuru Kenyatta President Kenya
Khaltmaa Battulga President Mongolia
Halimah Yacob President First woman and 8th President of Singapore
Joao Lourenco President Angola
Christopher Wray Director FBI (Federal Bureau of Investigation)
Resignations/Terminations
Vikram Limaye resigned from a Supreme Court-appointed BCCI committee, clearing the way for his appointment at
NSE CEO.
Arvind Panagariya resigns as NITI Aayog Vice Chairman
Pahlaj Nihalani removed as CBFC (Central Board of Film Certification) chief
Rajya Sabha TV CEO Gurdeep Singh Sappal announced resignation from the post.
Vishal Sikka resigns as Infosys MD and CEO. B. Pravin Rao given interim charge.
Indian women s boxing s first foreign coach, Stephane Cottalorda, has ended his stint abruptly after just one month
in India, alleging delay in salary and other payments. He is from Paris, France.
Brian Acton, the co-founder of WhatsApp which was later acquired by Facebook, has announced that he was
leaving the company to start a non-profit venture of his own.
Acton had co-founded WhatsApp with Jan Koum in 2009 and agreed to sell it to Facebook in 2014 for
approximately $19 billion USD in cash and stock.
Iceland s Prime Minister Bjarni Benediktsson has resigned
Nawaz Sharif stepped down as Prime Minister of Pakistan
Lebanese Prime Minister Saad Hariri resigned
Kwon Oh-hyun, Samsung Electronics CEO, vice chairman, and the head resigned from his post
Facebook India MD Umang Bedi quits, Bhushan interim MD
The Nepal government has accepted the resignation of its Ambassador to India, Deep Kumar Upadhyay, to contest
the upcoming parliamentary elections.
Solicitor General Ranjit Kumar, the country s second-most senior legal officer, has resigned citing personal reasons.
The World Health Organisation (WHO) has announced that Zimbabwe President Robert Mugabe s appointment as
its Goodwill Ambassador has been cancelled. He was just recently appointed as the WHO s Goodwill Ambassador.
Awards and Recognitions
Award Name Person/Institution Extra Knowledge
PM s trophy for best Integrated Steel
Plant
Tata Steel Ltd
Golden Peacock environment
management award
Danfoss India
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Golden Peacock Award for Eco
Innovation
Indian Railways Organization
for Alternate Fuel (IROAF)
Personality of the Year Kishore Sansi, Managing
Director and CEO of Vijaya
Bank
Awarded by Skoch Consultancy Services
IIM Bangalore for making management education
accessible to all through Massive Open
Online Courses (MOOCs).
General Insurance Company of the
Year
Apollo Munich Health
Insurance Company
Jnanpith award 2017 Krishna Sobti He is an eminent Hindi Litterateur
Tata Literature Live! Lifetime
Achievement Award 2017
Girish Karnad
Mother Teresa Memorial Award for
Social Justice, 2017
United Nations High
Commissioner for Refugees
(UNHCR)
Airline of the Year for 2018 Air New Zealand
Magsaysay Awards Yoshiaki Ishizawa He is a Japanese historian who helped save
Cambodia s renowned Angkor Wat temple
complex
Parmod Mahajan Smriti Award Anupam Kher and
Saira Banu
Golden Peacock Award in category --
Global Leadership in Public Service
and Economic Transformation
N Chandrababu Naidu He is current Andhra Pradesh Chief Minister
Prem Nazir Award Sharada She is veteran actor and national award
winner
Saraswati Samman for 2016 Konkani writer
Mahabaleshwar Sail
She has been awarded for her work
Hawthan that captures the lives of the
potter community in Goa.
National Awards for senior citizens Gurbax Singh Sandhu He is Indian boxing coach
Lal Bahadur Shastri National Award
for Excellence in Public
Administration, Academics and
Management for the year 2017
Bindeshwar Pathak
Mrs India Worldwide 2017 Neha Deshpande
Miss India America 2017 India LaRoda She is Indian-African American
1st Miss Transqueen India Natasha/Nitasha Biswas She hails from Kolkata
Transgender beauty pageant held in
Gurugram.
Miss India Australia 2017 Aarzu Singh
Best Woman Entrepreneur Award
2017
Upasana Taku She is Mobikwik co-founder
Global Agriculture leadership award K Chandrasekhar Rao He is Telangana Chief Minister
John Stewart Bell Prize Ronald Hanson
Sae-Woo Nam
A trio of scientists who defied Einstein by
proving the nonlocal nature of quantum
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Anton Zeilinger entanglement will be honoured with the
John Stewart Bell Prize from the University
of Toronto (U of T).
2017 SASTRA Ramanujan Prize Maryna Viazovska Received award for her contribution to
number theory
Global Diversity Award at Britain s
House of Commons
Salman Khan The Global Diversity Award is given to
people of immense stature in terms of what
they have done for diversity in the world.
National Tourism Awards - Hall of
Fame award for being the Best State
in Comprehensive Development of
Tourism
Gujarat
National Tourism Awards - Best
Tourism State
Madhya Pradesh
UN peace prize Zannah Mustapha He is a Nigerian lawyer who helped secure
the release of more than 100 schoolgirls
kidnapped by Boko Haram
2017 World Food Prize Award Akinwunmi Adesina He is from Nigeria.
Also Adesina is the current President of the
African Development Bank.
2017 Man Booker Prize George Saunders He is US Author. Awarded for his novel
Lincoln in the Bardo
Blue Planet Prize Hans Joachim Schellnhuber He is German theoretical physicist
Sikkim Chief Minister Pawan Chamling was honoured for his pioneering work in the field of organic farming during a
ceremony at Germany s Lagau on the occasion of the One World Festival.
At a young age of 30, Captain Divya has become world s youngest woman commanders to fly a Boeing 777 airplane
ever.
ASSOCHAM (Associated Chambers of Commerce and Industry of India) bestowed CMC Skills Founder Ms. Maya
Swaminathan Sinha with the Entrepreneur of the Year Award 2017
Nine-year-old Kaamya Karthikeyan became the youngest person to reach the summit of the 6,153 metres-high Mt
Stok Kangri in Kashmir.
Melbourne in Australia named the world s most liveable city by The Economist. Damascus in Syria given the lowest
rank – world s worst liveable city.
RECOGNITIONS
Harry Potter creator JK Rowling named world s highest-earning author by Forbes
World s Highest-Paid Actresses 2017 list topped by Emma Stone of USA – Forbes List
World s highest paid actor is Mark Walhberg; Shah Rukh Khan ranks 8th – Forbes List
Highest paid female athletes of 2017 list topped by American tennis player Serena Williams - Forbes list
Alibaba Group s Jack Ma - Asia s richest man, according to the Forbes real-time billionaires list.
Bill Gates of Microsoft has topped Forbes list of the world s billionaires. Mukesh Ambani topped the list in India
Fortune's 2017 '40 Under 40' list topped by French President Emmanuel Macron
According Forbes magazine s annual India Rich List 2017 , Reliance Industries chief Mukesh Ambani emerged as
India s wealthiest for the 10th straight year
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Amazon Founder Jeff Bezos has overtaken Bill Gates to become the world s richest person with a net worth of
$91.6 billion.
Late singer Michael Jackson has been named the highest-earning dead celebrity for the 5th consecutive year by
For es. His ear i gs ha e ee esti ated to e $ illio ₹ rore . Forbes released the top 20 richest sportsmen in the world for 2017 with Real Madrid superstar, Cristiano Ronaldo
leading the chart.
Acknowledging the role played by yoga legend Bishnu Charan Ghosh and his family members in spreading Indian
postural yoga in Japan, the Japanese postal department has released postage stamps on four of Bengal s famous
exponents of the ancient Indian practice.
Two mountain ranges on Pluto have been named after Tenzing Norgay and Edmund Hillary respectively by the
International Astronomical Union. Tenzing Montes and Hillary Montes are mountain ranges honouring Tenzing
Norgay (1914-1986) and Sir Edmund Hillary (1919-2008), the Indian/Nepali Sherpa and New Zealand mountaineer
who were the first to reach the summit of Mount Everest and return safely.
Mansour Anis, a 14-year-old Indian-origin teenager based in Sharjah, UAE has become one of the youngest pilots to
fly a single-engine aircraft
Two Indians — Chanda Kochhar and Shikha Sharma — have made it to the rankings of most powerful women in
business outside the United States drawn up by the Fortune magazine while Indra Nooyi featured in the top three
on the US edition list. Topped by Banco Santander group executive chairman Ana Botin.
PepsiCo chairman and CEO Indra Nooyi came in at No. 2 on the US Most Powerful Women in Business list, led by
General Motors chairman and CEO Mary Barra.
In commemoration of the first anniversary of her canonisation, the Archdiocese of Calcutta is set to declare Mother
Teresa as its co-patron.
Google Doodle, celebrated 100th birthday of Asima Chatterjee, a renowned Indian chemist, who was the first
female Doctorate of Science in India from an Indian University.
An Indian Police Service (IPS) Officer of Uttar Pradesh Cadre, Aparna Kumar has become the first Indian woman to
scale Mount Manaslu, which is the eighth highest mountain peak in the world.
CEO of ICICI Bank Chanda Kochhar was named the most powerful woman in India as she ranked 32nd in World s
100 Most Powerful Women list by Forbes. This year s list is topped by German Chancellor Angela Merkel.
With a net worth of $38 billion, Reliance Industries Ltd (RIL) chairman Mukesh Ambani has topped Forbes annual
list of India s 100 richest tycoons of 2017. He is followed by Wipro s Azim Premji and Hinduja family.
Tata Power Solar has won Dun & Bradstreet – Everest Infra Awards 2017 under Infrastructure Project category for
commissioning India s largest solar project under Domestic Content Requirement for NTPC at Anantapur in Andhra
Pradesh.
The Sri Ranganathaswamy Temple in Srirangam, the sacred shrine temple has won the UNESCO Asia Pacific Award
of Merit 2017 for cultural heritage conservation following the massive renovation and restoration work .
Indian short film The School Bag , which tells a story based in Pakistan, has won the Best Short Film Award at the
South Asian Film Festival of Montreal (SAFFM). The film is directed by Dheeraj Jindal.
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Conference and Summits
Summit Place Extra Knowledge
2017 BRICS Trade Union Forum Beijing, China
2017 BRICS Education Ministers Beijing, China
2017 BRICS Youth Forum Beijing, China
2017 BRICS Labour & Employment Ministers
Meet
Chonqging, China
2017 BRICS trade Ministers meeting Shanghai, China
9th BRICS summit (2017) Xiamen, China
10th BRICS summit Johannesburg, South
Africa
to be held in 2018
Global Clubfoot Conference New Delhi
First meeting of Islands Development Agency
(IDA)
New Delhi
8th World Renewable Energy Technology
Congress
New Delhi
Meeting of Regional Technical Group on Trade,
Commerce and Investment CBM
New Delhi
Retail India Summit and Expo (RISE 2017) New Delhi
First Edition of WINGS 2017 – Sab Uden, Sab
Juden
New Delhi
First ever National Conference on Mission
Mode to address Under-Nutrition
New Delhi
Conference on Sustainable Landscapes & Forest
Ecosystems : Theory to Practice
New Delhi In the conference, Wood is Good
campaign launched. The purpose of
the campaign is to promote wood
as a climate-friendly resource and
substitute to materials like steel
and plastic.
First National Conference on Uniformed
Women in Prison Administration
New Delhi
North East Calling New Delhi
Rajaswa Gyan Sangam, 2017 New Delhi
India Mobile Congress 2017 New Delhi
First BIMSTEC disaster management exercise New Delhi To be conducted between October
10-13 and acronymed as BIMSTEC
DMEx-2017
First Meeting of BIMSTEC Task Force on
Traditional Medicine
New Delhi
Third Global Investors India Forum New Delhi
Third International Conference on Yoga New Delhi Theme - Yoga for Wellness
International Conference on Consumer
Protection
New Delhi India did not invite Pakistan and
North Korea to attend the
conference
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Global Conference on Stroke New Delhi
Tech Summit 2017 New Delhi
First ever Nordic-Baltic youth film festival New Delhi
Island Development Agency (IDA) Meet New Delhi
Three-Day International Conference –
FIPSPHYSIOCON 2017
New Delhi
Global Clubfoot Conference New Delhi
21st World Congress of Mental Health New Delhi
World Food India 2017 New Delhi
1st Heli Expo India and International Civil
Helicopter Conclave-2017
New Delhi
India Disaster Response Summit New Delhi Jointly by the National Disaster
Management Authority (NDMA)
and Facebook
Asean-India business and investment summit New Delhi To be held in January 2018
Asian Bankers Association (ABA) Mumbai Hosted by State Bank, with the
theme of Asia s turn to transform .
1st Tribal Entrepreneurship Summit Dantewada,
Chhattisgarh
Sangai International Festival Manipur
Nobel Prize Series — India 2018 (Science
Impacts Life)
Goa
20th International Children s Film Festival Hyderabad, Telangana
India s first Military Literature Festival Chandigarh
Organic World Congress – 2017 Greater Noida
Global Conference on Cyber Space 2017 India
World Congress on Adolescent Health India Theme: Investing in Adolescent
Health the Future is Now
International AYUSH Conference and Exhibition
2017
India Theme -- Lifestyle diseases:
Prevention and management
through AYUSH
CMS Conference of the Parties CMSCOP13 India To be hosted in 2020 as announced
by UN for Environment Programme
International Conference on Dialogue of
Civilizations – IV
India at Delhi, Gandhinagar and
Dholavira
International medical conference Chandigarh
International puppet festival Kolkata The puppet festival is aimed at
regenerating the emotions
attached to puppetry and it will be
held at Mohorkunj in Kolkata.
First ever ASEAN-India music festival Purana Quila in New
Delhi
19th World Congress on Environment
Management
Hyderabad, Telangana
Global Entrepreneurship Summit 2017 Hyderabad
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24th Congress of International Union of
Crystallography
Hyderabad
World Congress of Optometry Hyderabad
International Children s Film Festival, also called
The Golden Elephant
Hyderabad Theme for this year s festival --
New India .
India International Cherry Blossom Festival Shillong, Meghalaya
First International Aviation Security seminar Manesar, Haryana Organized by National Security
Guard (NSG)
International seminar and Global Ayurveda meet Kochi, Kerala In February, 2018
12th World Sudoku Championship and the 26th
World Puzzle Championship
Bengaluru
India-Asean Youth Summit Bhopal, MP to mark the 25th anniversary of the
India-Asean dialogue partnership
First South Asian Youth Summit-2017 Bhubaneswar, Odisha
Coastal Shipping and Inland Water
Transportation Business Summit 2017
Kochi, Kerala
12th India-Japan annual summit Gandhinagar, Gujarat Japan PM Shinzo Abe came to India
and met PM Modi
Indian Society of Aerospace Medicine Bengaluru
Eastern Economic Forum Russia
Bangladesh-India Joint Consultative Commission Dhaka, Bangladesh
15th meeting of the Foreign Ministers of
BIMSTEC countries
Kathmandu, Nepal
G-7 interior ministers summit on security Italy
International conference on maternal and child
health
Ethiopia
Indra Combat Exercise Russia India, Russia to Hold Major Tri-
Service
International Maritime Search and Rescue
Exercise (IMMSAREX)
Bay of Bengal
Mitra Shakti 2017 Pune, Maharashtra It is 5th India-Sri Lanka joint training
exercise.
APEC (Asia-Pacific Economic Cooperation)
Summit 2017
Da Nang, Vietnam Theme - Creating New Dynamism,
Fostering a Shared Future
International Energy Agency (IEA) Ministerial
Meet
Paris, France
23rd Conference of Parties (COP-23) to the
United Nations Framework Convention on
Climate Change (UNFCCC)
Bonn, Germany India Pavilion at COP 23 was also
inaugurated there.
India s theme for COP 23 is
Conserving Now, Preserving
Future
World Youth Forum 2017 Sharm El sheikh, Egypt
International Conference on Ramayan Circuit
and Mithila-Awadh Relations
Janakpur, Nepal
ASEAN Summit 2017 Manila, Philippines
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East Asia Summit 2017 Manila, Philippines
South Asia Economic Summit Kathmandu, Nepal
8th SAARC speaker Parliamentarians conference Sri Lanka
ASEAN-India Pravasi Bharatiya Diwas Singapore To be held in 2018
4th ASEAN Defense Ministers Meeting (ADMM)
Plus -- Southeast Asian defence ministers
meeting
Clark, Philippines
South Asian Association for Regional Co-
operation in Law (SAARCLAW)
Colombo, Sri Lanka
2nd World Congress on Marxism Beijing, China To be held in 2018
India-UAE Partnership Summit Dubai, UAE
United Nations conference on nuclear energy Abu Dhabi, UAE
21st India-Myanmar National Level Meeting Nay Pyi Taw, Myanmar
22nd World Petroleum Congress (WPC)
International Conference
Istanbul, Turkey
Climate Summit on December 12, 2017 Paris, France
SAARC Ministers of Law and Order meeting Colombo, Sri Lanka
SAARC artists camp & exhibition of paintings Kathmandu, Nepal
7th ASEM (Asia–Europe Meeting) Economic
Ministers Meeting
Seoul, South Korea Theme for this year s meeting was
Innovative Partnership for Inclusive
Prosperity .
UN General Assembly (UNGA) session New York, USA External Affairs Minister Sushma
Swaraj represented India at the
annual UNGA session
International Hindu Conference Kathmandu, Nepal Theme: Emerging spiritualism:
Renaissance of Hinduism
India will host the next steering committee meeting of the proposed 1,814 kilometre-long Turkmenistan-
Afghanistan-Pakistan-India (TAPI) gas pipeline.
International News
Kingdom of Saudi Arabia to Implement Energy Efficiency Programmes, Signs MoU with Energy Efficiency Services
Limited (EESL)
India contributes $500,000 to UN Peacebuilding Fund.
UN cuts peacekeeping budget by $570mn for the next accounting year
India not to host G20 meet due to absence of mega centre. Japan will be the host country in 2019.
New continent discovered under New Zealand, called Zealandia
Australia s joined the International Solar Alliance (ISA). ISA is India s initiative aimed at boosting clean and
affordable energy and creating a sustainable world.
Bolivia s President Evo Morales has declared total independence from the International Monetary Fund (IMF) and
World Bank.
The world s first full—scale floating wind farm — with turbines taller than the Britain s Big Ben — is being built off
the coast of Scotland.
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Indonesia will now refer to the northern areas of its exclusive economic zone in the South China Sea as the North
Natuna Sea .
Fascinating 71 million-year-old bird-like dinosaur the size of a HUMAN is found in Canada
Israel's Chrysanthemum flower will be called as 'Modi' in order to honour Prime Minister Narendra Modi.
South Korean electronics giant Samsung has surpassed Intel to become the world s largest maker of computer
chips.
The UNESCO World Heritage Committee acting on a proposal brought by Palestine has put the West Bank city of
Hebron on its list of world heritage in danger.
The British government has launched a new project titled the Grand Trunk Road to mark the 70th anniversary of
India s partition in August 1947.
The world s first centre for breeding Saola, a critically endangered hoofed mammal, is being constructed
in Vietnam s central region.
ISIS confirms leader Abu Bakr al-Baghdadi is dead
Sri Lanka has banned plastic shopping bags as it is facing a dengue epidemic and garbage crisis.
World s longest suspension footbridge opens in Switzerland, overtakes Titan-RT bridge in Germany.
The International Atomic Energy Agency (IAEA) decided to open the Low Enriched Uranium Bank in Kazakhstan. The
IAEA opened the bank to ensure the supply of nuclear fuel in the event of disruption due to political or market
problems.
The first regional centre of the New Development Bank, set up by India and other BRICS nations, was officially
opened in Johannesburg, South Africa.
In a first, Nepal has launched its climate-smart snow leopard landscape management plan, leading the way in
safeguarding this endangered species, also found in India, and its habitat.
Kenyans producing, selling or even using plastic bags will risk imprisonment of up to four years or fines of $40,000,
as the world s toughest law aimed at reducing plastic pollution came into effect.
Pakistan s new cabinet included the first Hindu in a Pakistan government in more than 20 years, Darshan Lal.
In an apparent bid to take on Google-owned YouTube, Facebook has rolled out Watch — a redesigned video
platform for creators and publishers.
According to global leader in broadband testing Ookla, Norway has the fastest mobile Internet in the world.
UN declares Somalia free of polio
China will run the world's fastest bullet train -- the Fuxing -- between Beijing and Shanghai at 350 kms per hour,
covering the 1,250-km-long distance (equal to that between Jammu to Bhopal) in just 4.5 hours from September
21.
China is going to launch the world's first nuclear power plant, the Sanmen Nuclear Power Station, that is immune to
meltdow . The US a d Chi a joi tly i ested o er ₹ , rore for uildi g the rea tor used i the pla t. Severe Typhoon Hato hits Hong Kong.
Pakhar, the 14th typhoon of the year, landed in the Chinese city Taishan in Guangdong province, bringing gales of
up to 33 meters per second. Pakhar hit the province soon after Typhoon Hato, which landed in Zhuhai, about 80 km
from Taishan.
Hurricane Harvey menaces Texas, Louisiana in the USA.
Hurricane Maria devastates island of Dominica
Mawar, the 16th typhoon of this year, has made landfall in China s Guangdong province, bringing heavy rains and
winds,
Hurricane Irma kills 10 people in Cuba
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The WHO has released its first tranche of emergency funding of $175,000 to provide lifesaving healthcare to the
vulnerable population in Bangladesh s Cox s Bazar.
The US will provide a humanitarian aid package worth $32 million to the Rohingya Muslim minority who have fled
violence in Myanmar and crossed into neighbouring Bangladesh.
Norway s sovereign wealth fund, the largest in the world, has reached the value of $1 trillion for the first time, the
Norwegian central bank, which manages the fund, said. This amount equals nearly $189,000 (157,000 euros) for
each of the 5.3 million people living in Norway.
Chabahar Port in Iran will be operational by the end of 2018. Chabahar port, located in the Sistan-Balochistan
province in the energy-rich Persian Gulf nation s southern coast, lies outside the Persian Gulf and is easily accessed
from India s western coast, bypassing Pakistan.
Prime Minister Narendra Modi announced that India will grant gratis visa to Myanmarese citizens wanting to visit
the country.
Energy Efficiency Services Limited ( EESL) , under Ministry of Power, Government of India has launched UJALA
(Unnat Jyoti by Affordable Lighting for All) Scheme in the State of Melaka, Malaysia.
Nepal has begun its first-ever survey to remeasure Mount Everest to check if the world s tallest peak s height was
altered by the 7.8-magnitude earthquake that struck the country in 2015.
Prince Charles, the heir to Britain s throne, has become the longest-serving Prince of Wales in history.
United States banking regulator has shut down operations of Pakistan s Habib Bank (HBL) in New York after almost
40 year.
Chinese President Xi Jinping has announced $76 million for a BRICS economic and technology cooperation plan and
another $4 million to support the projects of the bloc s New Development Bank at the BRICS summit in Xiamen,
China.
China has issued a commemorative stamp priced at 1.2 yuan in honour of the world s largest radio telescope
located in Guizhou province.
The Chinese government has banned initial coin offerings, a new fundraising phenomenon that has taken the
Internet by storm.
Russia has launched the world s largest and most powerful icebreaker ship, designed to transport cargo via the
Northern Sea Route in the Arctic Ocean.
The Tajikistan government has banned its women from wearing veils and has introduced a legislation, wherein it
has asked the women to stick to traditional national clothes and culture .
The International Union for Conservation of Nature (IUCN), has taken snow leopard off the endangered list,
where it was included in 1972. In the new assessment, IUCN has placed the animal under the less-threatened
vulnerable category.
Saudi Arabia has invited women to a sports stadium for the first time to attend the kingdom s 87th National Day
celebrations with their families. This marks a shift from previous celebrations in the kingdom where women are
effectively barred from sports arenas.
Saudi women will be allowed to drive in the kingdom in 2018
Saudi Arabia has voted to allow women to issue fatwas, following a vote in Saudi s advisory council.
The INTERPOL General Assembly has voted to admit the State of Palestine and the Solomon Islands as new member
countries. The membership of the world policing body now totals 192.
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BRICS-themed subway train debuts in China
A BRICS-themed subway train with carriages representing the five member nations including India has started test
operations in China s southeastern Xiamen city.
The subway train, which started its test run, has six carriages, five of which represents different cultures of the
BRICS countries — Brazil, Russia, India, China and South Africa.
The Indian carriage depicts elephants and yoga.
The Chinese carriage is red and displays icons such as the Great Wall and Tian anmen Square.
The Brazilian carriage is green and decorated with images of footballs and football stars.
The Russian carriage shows off the country s ballet and matryoshka dolls.
The South African carriage displays pictures of diamonds.
The sixth carriage combines cultural elements from all the five BRICS countries.
The world s first hybrid electric tram powered by hydrogen fuel cells has started running in China.
The world s first track-less trains have begun the test runs in China. Promoted as the World s First smart train, the
vehicle operates on virtual rail lines and could travel as quickly as 70 kmh. The smart train is called Autonomous Rail
Transit (ART).
USA and Israel withdrew from UNESCO over anti-Israel bias .
The United Arab Emirates has begun collecting new sin taxes on tobacco products, energy drinks and soft drinks.
Burqa ban comes into effect in Austria
India will be the guest of honour during the sixth edition of the World Government Summit scheduled from
February 11th – 13th, 2018 in Dubai.
Catalonia s regional parliament declared independence from Spain in a disputed vote that is now likely to be
declared illegal by Spain s constitutional court.
From 2019, measure of kilogram will be set by value of Planck constant in combination with definitions of meter
and second. Earlier, definition of kilogram was given by a salt-shaker-sized cylinder housed at the Bureau
International des Poids et Mesures (BIPM), Paris.
Burundi is all set to become the first country to withdraw from the International Criminal Court (ICC).
Asia now has the most billionaires in the world, surpassing the US for the first time, according to a report by UBS
and PwC.
Saudi Arabia has become the first country to give a robot citizenship. The move is an attempt to promote Saudi
Arabia as a place to develop artificial intelligence – and, presumably, allow it to become a full citizen. Robot is
named – Sophia.
Scotland has finished constructing the world s first floating wind farm .
External Affairs Minister Sushma Swaraj opened the new chancery complex of the Indian High Commission in
Dhaka, Bangladesh.
The United Arab Emirates (UAE) has highlighted its intention to make 2020 a unique year for the country s space
sector by launching the first Arab probe to Mars.
Vanuatu, a South Pacific archipelago, has become the first nation to accept Bitcoins as payment for its investment
citizenship program.
PM Narendra Modi visited the International Rice Research Institute (IRRI) in Los Banos, Philippines and inaugurated
Shri Narendra Modi Resilient Rice Field Laboratory .
Fake news, a term heavily popularised by US President Donald Trump, has been named the word of the year by
Collins dictionary due to its widespread use around the world. It was found that the use of this word registered a
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365 per cent rise in the last 12 months. Fake News - false, often sensational, information disseminated under the
guise of news reporting . Last year, term selected was – BREXIT.
US grants $500k to promote religious freedom in India, Sri Lanka
United Nations hosts first talks on use of killer robots in Geneva.
Kazakhstan is changing its name to Qazaqstan as part of a transition from Cyrillic to a Latin-based script. A national
commission will be set up to oversee the transition, which will be completed by 2025.
A female bottlenose dolphin named Nana , thought to be around 47 years old, has died at a Japanese aquarium
A five-ship Indian naval training flotilla, based in Kerala is on a visit to Sri Lanka to foster bridges of friendship
between the two countries and expose their trainees to foreign waters.
China has unveiled Asia s largest artificial island-building ship.
China, which on its way to emerge as a Space Superpower, has claimed be the first nation to make contact with
alien life using the world s largest radio dish.
Guinea becomes new member of International Solar Alliance
Typhoon Damrey arrives in Vietnam
Nepal inaugurated a bridge built with India s financial assistance of USD 430,626 on the Kaligandaki river near China
border.
Nepal scraps 1200-MW Budhigandaki Hydroelectric project with China
National News
Right of Children to Free and Compulsory Education (Amendment) Bill, 2017 passed in Lok Sabha - The Bill amends
the Right of Children to Free and Compulsory Education Act (RTE), 2009 to extend the deadline for teachers to
acquire the prescribed minimum qualifications for appointment. Deadline - March 31, 2019
Pradhan Mantri Vaya Vandana Yojana (PMVVY) for elderly with 8 per cent fixed rate of interest on their savings
launched.
Govt Launches Sohum , A Low-Cost Device To Test Hearing of NewBorns
India will invite the ten Association of Southeast Asian Nations (ASEAN), leaders for the Republic Day parade and
celebrations next year. Republic Day 2018 will be the first time ever that so many leaders will together be chief
guests at the parade.
Govt bans presenting flower bouquets to welcome PM Modi
Cabinet approved the International Rice Research Institute (IRRI), South Asia Regional Center (ISARC) in Varanasi,
which will work to develop special rice varieties.
Union Cabinet gave approval to the merger of oil marketer Hindustan Petroleum Corp Ltd (HPCL) with state-run
explorer Oil and Natural Gas Corp. (ONGC).
PM Modi adopted his 3rd village Kakrahia, a village in Varanasi known for its wrestlers and wrestling arenas under
the Sansad Adarsh Gram Yojana.
The Union Ministry of Power has announced that about 97% of the total outstanding debt of all state power
distribution companies has been covered under the Ujwal DISCOM Assurance Yojana.
The United Forum of Bank Unions decided to observe July 19, the 48th anniversary of nationalisation of major
banks, as Save public sector banks day.
The government has set a target of constructing 57 thousand kilometers of roads under Pradhan Mantri Gram
Sadak Yojana (PMGSY) during 2017-18.
India has declared itself free from highly pathogenic Avian Influenza (H5N1 and H5N8) after surveillance in the
states showed no evidence of its presence.
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The government will set up Garib Nawaz skill development centres in 100 districts of the country to offer
employment-oriented training to the youth from minority communities.
Rare White tiger spotted Nilgiri Biosphere Reserve located in the Western Ghats.
Country s first solar powered DEMU train dedicated to nation. Will run from Sarai Rohilla in Delhi to Farukh Nagar
in Haryana
India has advanced its target of eliminating malaria by three years to 2027. Earlier the target was 2030.
Ministry of Housing and Urban Affairs (MoHUA) is the new name for urban development & housing ministry.
Railways has launched RailCloud, a virtual server with an inbuilt security system that will enable faster connectivity
at a reduced cost. Also launched the first application on RailCloud named Nivaran , which is a grievances redressal
portal
The Telecom department has made it mandatory for all phones, including feature phones, to install Global
Positioning System (GPS) from January 1, 2018.
Auto major Tata Motors has rolled out the country s first bio-CNG (bio-methane) bus.
200th anniversary celebrations of the Paika Rebellion of Odisha inaugurated on July 20, 2017 in New Delhi
The Women and Child Development ministry has launched an online platform SHe-box (sexual harassment
electronic box) to enable women employees of the central government to file complaints related to sexual
harassment at the workplace.
The Archaeological Survey of India (ASI) has declared 1,076 temples as protected monuments in the country.
The Indian Commodity Exchange (ICEX) launched the world s first diamond futures contracts to provide exporters
with a hedging tool.
The Centre has decided to observe this 70th Independence Day on August 15 as Sankalp Parva . A order said that
August 15, 2017 be celebrated as the Sankalp Parva or the Day of Resolve, and in 2022 our nation will transform
that resolve into Siddhi or attainment.
SAMPADA (Scheme for Agro-Marine Processing and Development of Agro-Processing Clusters) scheme renamed as
Pradhan Mantri Kisan Sampada Yojana (PMKSY).
New initiative SAMADHAN (S-Smart Policing and Leadership; A -Aggressive Strategy, M-Motivation and Training, A-
Actionable Intelligence; D-Dashboard for Development and Key Performance Indicators, H-Harnessing Technology
for Development and Security, A-Action Plan for each Theatre and N-No access to Financing) launched to control
the situation in the LWE affected states.
All-India Elephant Population Estimation shows that India has 27,312 elephants. Highest being in Karnataka (6,049)
Union Environment, Forest and Climate Change Minister, Dr. Harsh Vardhan, launched Gaj Yatra , a nationwide
campaign to protect elephants on the occasion of World Elephant Day.
Environment Minister Harsh Vardhan launched the Harit Diwali, Swasth Diwali campaign to celebrate a pollution-
free Diwali.
National Sports Talent Search Portal launched. The portal, nationalsportstalenthunt.com, aims to provide a direct
link to help kids and youngsters reach the ministry and senior sports administrators with their achievements.
India Permitted to Construct Kishanganga (330 megawatts) and Ratle (850 megawatts) hydroelectric power plants:
World Bank. Pakistan has opposed the construction of these. Kishanganga on Jhelum River and Ratle on Chenab
River.
Government has launched the Measles-Rubella (MR) vaccination campaign to reduce measles morbidity and
mortality. Campaign will cover children in the age group of 9 months to less than 15 years.
India has the most number of child deaths due to tuberculosis, according to a Lancet study which found that over
55,000 children died from the disease in the country in 2015.
India s first World Peace University (Dr Vishwanath Karad MIT World Peace University (MIT-WPU)) inaugurated in
MIT, Pune.
India s first railways disaster management village is expected to come up near Bengaluru by December 2018.
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The Ministry of Youth Affairs and Sports is going to establish National Sports Museum, first of its kind, at Jawaharlal
Nehru Stadium, New Delhi.
In its first visit to India, American Navy s amphibious dock landing ship USS Pearl Harbor arrived in Goa as part of
defence cooperation between the two countries.
US tech giant Google has unveiled Tez - a simple and secure mobile app for digital payments and commerce, built
with the goal of working for everyone in India, and is available now for download on Google Play (Android) and the
App Store (iOS). App is available in English and seven Indian languages (Hindi, Bengali, Gujrati, Kannada, Marathi,
Tamil, and Telugu). Tez works in partnership with four Banks – Axis Bank, HDFC Bank, ICICI Bank, and State Bank of
India (SBI) – to facilitate the processing of payments across over 50 UPI enabled banks.
The Union Ministry of Human Resource and Development (HRD) on 5 September 2017 launched DIKSHA Portal
(diksha.gov.in) for providing digital platform to teachers for making their lifestyle more digital. DIKSHA will enable,
accelerate and amplify solutions in the realm of teacher education.
PM Narendra Modi launched a postage stamp based on Ramayana during his visit to historic Tulsi Manas temple
in Varanasi and said that stamps are a wonderful way to preserve history.
The Central Adoption Resource Authority (CARA) of the Ministry of Women & Child Development has started a
monthly Jan Sampark program to enable the public to have interaction with its officials and staff
The government has decided to increase the retirement age of central government doctors including those working
under the AYUSH ministry and in the railways to 65 years.
Dr. Harshvardhan launched Pt Deen Dayal Upadhyay Vigyan Gram Sankul Pariyojana which will experiment and
endeavour to formulate and implement appropriate S&T Interventions for Sustainable Development through
cluster approach in Uttarakhand
Minister of State Health and Family Welfare Anupriya Patel launched a nationwide health campaign to sensitise
women about the early screening and the preventive care for cancer. Theme – Nurturing the Nurturer .
The Ministry of Health and Family Welfare has launched two new contraceptives, an injectable contraceptive MPA
under the Antara programme and a contraceptive pill, Chhaya, in the public health system to expand the basket of
contraceptive choices to meet the emerging needs of couples.
The Ministry for Electronics and Information Technology (MeitY) has launched a nationwide hackathon
OpenGovDataHack to support and showcase potential ideas/talent from inner India. The hackathon aims to
enable participants develop their ideas into apps/infographics primarily by the use of open government data
around the themes of drinking water and sanitation, transport, education, health, and crime to a stage, after which
it can be evaluated by a jury and be selected for prizes and support/funding.
The Union Cabinet has given its approval for an increase of 1% additional Dearness Allowance (DA) to central
government employees and Dearness Relief (DR) to pensioners to compensate for price rise. This additional
installment of DA represents an increase of 1% over the existing rate of 4% of basic pay/pension.
The Union Cabinet approved a Dairy Processing & Infrastructure Development Fund (DIDF) with an outlay of Rs
10,881 crore during the period from 2017-18 to 2028-29.
India has started Operation Insaniyat to provided assistance to Bangladesh in response to the humanitarian crisis
being faced on account of the large influx of Rohingya refugees into that country from Myanmar.
INS Garhial of Indian Navy carried around 86 thousand family packs as relief material in the ongoing operation
Insaniyat launched in support of Bangladesh for the Rohingya refugees.
National Aluminium Company (Nalco), Hindustan Copper (HCL)and MECL, three state-run PSUs, have signed an
MoU to form a joint venture — Khanij Bidesh India Ltd (Kabil).
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Government think-tank Niti Aayog has come out with the National Nutrition Strategy, seeking to put nutrition at
the forefront of the narrative of the National Development Agenda. It aims at ensuring every child, adolescent girl
and woman attains optimal nutritional status by 2022.
The government issued an alert on spread of new malware Locky Ransomware that can lock computers and
demand ransom for unlocking them.
The Department of Biotechnology announced 3 missions focussing on the northeast India, including the B4, which
is centred on the Brahmaputra s biodiversity and biology. This new project aims at starting a lab on boat on
Bramhaputra river for biological analysis of the river system. The first laboratory under the Bramhaputra
Biodiversity Biology Boat (B4) initiative will cover Pasighat, Dibrugarh, Neemati, Tejpur and Guwahati in Assam.
Portal PENCIL (Platform for Effective Enforcement for No Child Labour) — an electronic platform for no child labour
in the country is being developed by the Labour Ministry. Launched for effective implementation of the National
Child Labour Project (NCLP).
On the eve of Antyodaya Diwas 2017, the government has celebrated the Bharat Ke Kaushalzaade occasion on
24th September this year. Antyodaya Diwas has completed 3 years this year on 25th September.
India, Asia s third-largest producer and exporter of coffee, has started producing the world s most expensive
coffee, made from the poop of civet cat, on a small scale in Coorg district of Karnataka. The Civet coffee is also
called as Luwark coffee.
GOI inaugurated the first Pension Adalat and a pension app for Central Government employees in New Delhi. The
Adalat aims to quick resolve long pending pension cases.
Former Indian cricketer Sachin Tendulkar launched -Mission 24 for Mumbai s M east ward which is known to have
one of highest slum population s in the city.
India s first Centre for Animal Law has been established at the NALSAR University of Law At Hyderabad, Telangana.
After remaining non-functional for the last three years the Janakpur-Jayanagar Railway line connecting Nepal and
India is expected to become functional by 2018.
Recently-released black comedy film Newton , starring Rajkummar Rao, is India s official entry to the 90th
Academy Awards ceremony.
The Kandla Port Trust in Gujarat has been renamed Deendayal Port Trust.
An MoU was signed by Uttar Pradesh, Arunachal Pradesh and Meghalaya under the Ek Bharat, Shrestha Bharat
program, to boost cultural ties.
On the occasion of National Ayurveda Day, Prime Minister Narendra Modi inaugurated the All India Institute of
Ayurveda (AIIA) at Delhi s Sarita Vihar. The All India Institute of Ayurveda, set up on a total area of 10.015 acres on
a budget of Rs 157 crore, is the first medical institute under the AYUSH ministry to hold the coveted National
Accreditation Board for Hospitals and Healthcare Providers (NABH) accreditation.
India is among the five countries — Pakistan, Nigeria, Congo and Ethiopia being the others — responsible for half of
all new-born deaths in the world, according to a UN report. The report, Levels and Trends in Child Mortality 2017 ,
revealed that 5.6 million children died before reaching the age of five in 2016. However, this is a marked decrease
compared to 2000 when nearly 9.9 million children had died before turning five.
Prime Minister Narendra Modi has inaugurated the first phase of the roll-on roll-off (ro-ro) ferry service connecting
Saurashtra with south Gujarat. The first phase of the project worth Rs 650-crore connects Ghogha of Bhavnagar
district in Saurashtra region to Dahej of Bharuch district in south Gujarat. This is the first of its kind project not only
in India, but also in South-East Asia. Essar Projects, the EPC arm of Ruias-led Essar Group, has constructed and
designed the roll-on-roll-off (ro-ro) terminals at both Dahej and Ghogha ports.
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India s first Pradhan Mantri Kaushal Kendra (PMKK) for Skilling in Smart Cities, in collaboration with New Delhi
Municipal Council (NDMC) in New Delhi launched.
Government has launched Sampoorna Bima Gram Yojana and expansion of Postal Life Insurance.
Sampoorna Bima Gram (SBG) Yojana -- a minimum of one village will be taken up in each of the districts of the
country, and efforts will be made to cover all households of the village with at least one Rural Postal Life Insurance
policy each.
The much-awaited Bureau of Indian Standards (BIS) Act has come into effect from October 12 with a provision to
bring more services and products like jewellery under the mandatory standard regime.
Parliament had, in March 2016, passed the law to replace the BIS Act of 1986.
India s first Sewage Treatment Plant under Hybrid Annuity Mode to come up in Haridwar and Varanasi
President Ram Nath Kovind inaugurated Shirdi International Airport in Ahmednagar district of Maharashtra.
Ministries of power and textiles have jointly announced a new scheme SAATHI under which Energy Efficiency
Services Limited (EESL) will provide energy efficient power loom equipment to small and medium units at no
upfront cost. SAATHI -- Sustainable and Accelerated Adoption of efficient Textile technologies to Help small
Industries.
Cabinet approves SANKALP, STRIVE schemes to boost Skill India Mission
SANKALP - Skills Acquisition and Knowledge Awareness for Livelihood Promotion -- Rs 4,455 crore Centrally
sponsored scheme including Rs. 3,300 crore loan support from World Bank.
STRIVE - Skill Strengthening for Industrial Value Enhancement -- Rs. 2,200 crore – central sector scheme, with half
of the scheme outlay as World bank loan assistance.
The Union Cabinet has approved road building programmes of around Rs 7 lakh crore with a target to construct
83,677 km of roads in the next five years.
MSME Delayed Payment Portal – MSME Samadhaan (http://msefc.msme.gov.in), empowering micro and small
entrepreneurs across the country to directly register their cases relating to delayed payments by Central
Ministries/Departments/CPSEs/State Governments.
HRD Minister Prakash Javadekar announced that the Paika Bidroha (Paika rebellion) of 1817 will find a place in the
history books as the First War of Independence from the next academic session. Paika Bidroha against the British
rule took place four decades before the 1857 Sepoy Mutiny, which has so far been regarded as the First War of
Indian Independence.
The Government of India, has increased its stake in IDBI Bank to 77.79% by acquiring 3.81 per cent shares through
preferential allotment.
Railway Minister Piyush Goyal launched the railways first set of solar plants in Delhi with a total capacity of 5
megawatt peak (MWp), an ambitious project aimed at reducing the national transporter s carbon footprint.
Prime Minister Narendra Modi dedicated the Indian Railways 110km Bidar-Kalaburgi railway track in the
Hyderabad-Karnataka region that is aimed at reducing the distance between Bengaluru and New Delhi by 380km
and travel time by six to eight hours
President Ram Nath Kovind launched Mata Amritanandamayi Math s Rs 100 crore clean water initiative for rural
India at the math headquarters in the coastal hamlet of Vallikkavu in Kerala
India has opened 2 immigration check posts along the borders with Myanmar & Bangladesh. Myanmar - Zorinpui
check post of Mizoram. Bangladesh - Kawrpuichhuah post of Mizoram.
President Ram Nath Kovind on the occasion of World Tourism Day which is celebrated on September 27 annually,
launched Incredible India 2.0 Campaign , Adopt a Heritage project.
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The Centre has launched a six-year project called SECURE Himalaya, to ensure conservation of locally and globally
significant biodiversity, land and forest resources in the high Himalayan ecosystem spread over four states in India.
SECURE ---- Securing Livelihoods, Conservation, Sustainable use and Restoration of High Range Himalayan
ecosystems
Prime Minister Narendra Modi launched Intensified Mission Indradhanush (IMI). The special drive will focus on
improving immunization coverage in select districts and cities to ensure full immunization to more than 90% by
December 2018.
The Multi-Commodity Exchange of India Ltd (MCX) has launched India s first commodity options in gold, giving
stakeholders a new set of financial instruments to hedge their price risks.
Nepal and India will be conducting in November a joint head count of tigers in the national parks, forests and
sanctuaries along the international border between the two neighbours using a similar camera tapping method.
The world s largest combustion research centre which will impart a major boost to the Indian scientific community
has been inaugurated at the Indian Institute of Technology, Madras.
India sent first wheat shipment to Afghanistan via Iran s Chabahar port. External Affairs Minister Sushma Swaraj,
Foreign Minister of Afghanistan Salahuddin Rabbani and Iranian Foreign Minister Javad Zarif flagged off the
shipment through video-conferencing.
To strengthen maritime security, India and the United States have agreed to implement the programme for
Helicopter Operations from Ships other Than Aircraft Carriers (HOSTAC).
India first country to partner with Facebook on disaster response.
The Union Cabinet approved the creation of a National Testing Agency (NTA) to conduct entrance examinations for
higher educational institutions.
The Ministry of Finance increased the maximum age of joining the National Pension System (NPS) from the existing
60 years to 65 years under NPS – Private Sector (i.e. all citizen and corporate model).
Goa ranks top, Bihar at bottom of Gender Vulnerability Index released by Child development NGO Plan India.
According to a joint study by Assocham and EY, India is home to the largest number of malnourished children in the
world.
Railways has launched the main arch of the world s highest bridge on the River Chenab in Jammu and Kashmir s
Reasi district which will provide direct connectivity to the Kashmir valley.
The Inter-State Council, which is mandated to investigate and advise on disputes between states, has been
reconstituted with Prime Minister Narendra Modi as its chairman and six Union ministers and all chief ministers as
members.
According to a gazette notification, the Union ministers who will be members of the reconstituted council are
Rajnath Singh (home), Sushma Swaraj (external affairs), Arun Jaitley (finance), Nitin Gadkari (road transport),
Thaawar Chand Gehlot (social justice and empowerment) and Nirmala Sitharaman (defence).
Cabinet approved extension of the Rashtriya Krishi Vikas Yojana (RKVY) as RKVY-RAFTAAR for fiscals 2017-18 to
2019-20.
The Rashtriya Krishi Vikas Yojana – Remunerative Approaches for Agriculture and Allied sector Rejuvenation (RKVY-
RAFTAAR) will incentivise states in increasing allocations to agricultural and allied sectors to boost farm output.
The financial allocation of the scheme will be Rs 15,722 crore.
World Food India 2017 - launched Nivesh Bandhu , an Investor Facilitation Portal. Karnataka was the focus State.
Chef Sanjeev Kapoor was named brand ambassador for World Food India s Food Street. Germany, Japan and
Denmark were partner countries to World Food India, while Italy and the Netherlands were the focus countries.
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A Pan India scholarship program for school children called Deen Dayal SPARSH Yojana has been launched by the
government to increase the reach of Philately. SPARSH (Scholarship for Promotion of Aptitude & Research in
Stamps as a Hobby)
Border Roads Organisation (BRO) has constructed the world s highest motorable road in the cold desert of Ladakh.
Tata Steel has established India s largest Coke Dry Quenching (CDQ) facility, capable of handling 200 metric tonnes
per hour, at its state-of-the-art steel plant at Kalinganagar Industrial Complex in Jajpur district of Odisha.
The National Institution for Transforming India (NITI Aayog) in its document called New India @2022 anticipated a
New India by 2022 that will be free from poverty, dirt, corruption, terrorism, casteism and communalism
The government made installation of FASTag, a rechargeable card that uses passive radio frequency identification
(RFID ) technology to debit toll charges automatically, mandatory for all four-wheel automobiles sold from
December 1.
The government has more than tripled the maximum amount that a central government employee can borrow
from the government to Rs 25 lakh, from Rs 7.50 lakh earlier.
India sets Guinness Record for cooking 918 kgs of Khichdi at the World Food India 2017 event.
The Indian Institute of Management Bangalore (IIMB) opened its campus to an Israel Centre which is aimed at
becoming a bridge of academic collaboration between India and Israel.
India has pledged an additional USD 100 million towards the UN partnership fund, significantly scaling up its
support to sustainable development projects across the developing world.
Shri Piyush Goyal, Union Minister of Railways & Coal launched Grahak Sadak Koyla Vitaran App benefitting
customers of Coal India Limited (CIL) lifting coal through road mode.
Union Minister for Women and Child Development Maneka Gandhi launched SHe-box (sexual harassment
electronic box), an online portal for registering complaint related to sexual harassment in non-government and
government organisations.
Unesco, the UN cultural organisation, has included Chennai in its list of Creative Cities for its contribution to music.
Chennai is the third Indian city on the list of UNESCO Creative Cities list after Jaipur and Varanasi.
Google Arts and Culture unveils its first lab experiment in India in Mumbai.
A new passenger train between West Bengal and Bangladesh, Bandhan Express, was flagged off by Prime Minister
Narendra Modi and Bangladesh Prime Minister Sheikh Hasina via video conferencing. The train will connect Kolkata
to Khulna in Bangladesh. This will be the second train to run between the two countries after Maitree Express that
runs between Dhaka and Kolkata.
Northeast to get India s first air dispensary.
Number of pilgrims visiting the Vaishno Devi shrine in Jammu and Kashmir limited to 50,000 a day, to avoid any
mishap.
WCD Ministry to hosted Hausala 2017 to Celebrate Child Rights Week from 16-20 November 2017.
The government has launched phase 2 of BharatNet to connect 1.5 lakh gram panchayats with high-speed
broadband by March 2019. Phase 1 of BharatNet set to complete by the end of 2017.
Railways to start 9-month upskilling exercise named Project Saksham for employees in January.
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State News
Andhra Pradesh
Andhra Pradesh has topped the charts in ease of doing business and providing electricity to rural households.
Government to develop green airports in Andhra Pradesh - Tirupati and Vijayawada. [Cochin International Airport
Limited (CIAL) in Kerala became the first airport in the world, to be completely powered by solar energy]
Rayichapalu , a regular catch for fishermen in Andhra Pradesh s Visakhapatnam, has been declared as one of the
rarest species of fish in the world by Marine Living Resources Department, Andhra University.
Andhra Pradesh has released People First mobile application for grievance redressal at the Collectors conference
in Vijayawada. Under this application, people of Andhra Pradesh can dial 1100 to register complaints about
government services and schemes.
Andhra Pradesh s Eastern Power Distribution Company Ltd (EPDCL) and the Southern Power Distribution
Corporation of AP Ltd. (SPDCL) have become the first state-owned distribution companies in India to accept
payments through Bharat QR.
Chief Minister Nara Chandrababu Naidu has declared Friday as the day of the week when he will meet with the
poor and underprivileged sections of Andhra Pradesh society to hear their grievances and try to resolve them.
The day has been declared as the “Day of Helping Hand”. Andhra Pradesh has announced a new programme to offer prayers to water bodies and to create awareness among
the public regarding water preservation. Named Jala Siriki Haarati , the programme is aimed at praying at all the
rivers, streams, lakes, ponds, irrigation projects, water reservoirs, check dams and all kinds of water bodies.
The Andhra Pradesh government has signed an MoU with the US-based Hyperloop Transportation Technologies to
build India s first Hyperloop system. The planned project is aimed at connecting cities Amaravati and Vijayawada in
Andhra Pradesh, supposedly covering the distance of over 35 km in just five minutes.
Andhra Pradesh Chief Minister N. Chandrababu Naidu declared that the year of 2017 as e-pragati year.
No helmet, no petrol rule comes into force in Andhra Pradesh
Andhra Pradesh Chief Minister Chandrababu Naidu launched Swachh Andhra Mission on the occasion of Gandhi
Jayanti. PV Sindhu has been chosen as the brand ambassador of Swachh Andhra.
Andhra Pradesh Chief Minister Chandrababu Naidu laid the foundation stone for the TU142M aircraft museum in
Visakhapatnam. The Russian aircraft, which was decommissioned in March 2017 at INS Rajali in Tamil Nadu after 29
years, was brought to the city on April 8 to be converted into a Museum.
Etikoppaka toys of Andhra, popularly known as Lakkapidathalu, have received Geographical Indication by the
Registration of Geographical Indication, categorised in class 20 of the toys category.
Arunachal Pradesh
Arunachal Pradesh s biggest festival Solung of the Adi Tribe was celebrated with traditional fervor and in a grand
way at Boleng in Siang District on September 3.
The Arunachal Assembly has passed a bill paving way for creation of a new district to be named Kamle. With the
official creation of the new district, the total number of districts in the state shot up to 23.
Assam
Assam going to raise a new Special Rhino Protection Force (SRPF) for better protection of the one-horned rhinos in
Assam.
Assam has become first state to pass a legislation which states that Assam government employees who dump
parents will lose part salary. The Assam Assembly passed The Assam Employees Parental Responsibility And Norms
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for Accountability and Monitoring (PRANAM) Bill that makes it mandatory for state government employees to take
care of their parents and needy siblings or face a cut in their income.
Singapore will set up a Skill Center at Guwahati which will cater to the entire North-Eastern region.
A 100-ft tall bamboo idol of Goddess in Assam is all set to enter the Guinness Book of Records as the tallest
bamboo sculpture ever made in the world
A program called SATH- Sustainable Action for Transforming Human Capital, a joint initiative of Government of
Assam and NITI Aayog, which aims to provide structured support to Assam in identifying key health priorities and
implement the solutions towards transforming the health and improving the well-being of people of Assam has
been launched in Assam.
Foundation stone for the country s first ever Industrial Training Institute for the Dibyangans exclusively was laid on
October 3 in Dibrugarh in Assam.
ISRO to set up research centre in Guwahati, Assam
Bihar
In a unique initiative, Gender Alliance Bihar, a collective effort of over 270 civil society organisations backed by the
UN Population Fund, has come up with a mobile application Bandhan Tod to fight the rampant social evil of child
marriage in the state.
In Bihar, four-day Chhat Pooja celebrations are beginning from today (24 October), with NAHAY-KHAY. Kharna
rituals will be held tomorrow.
Sonepur cattle fair, considered as Asia s largest such, kicked-off in Bihar.
Chhattisgarh
Chhattisgarh bans use of chlorinated plastic and Polyvinyl Chloride.
Chhattisgarh has become the first state in the country to award citizenship to as many as 51 Hindu families who
had migrated from Pakistan several years ago.
Nineteen acres of land which housed around 70 government office buildings in Chattisgarh s Raipur is being
converted into India s first micro forest in order to create an oxy-zone.
Delhi
The Delhi High Court has launched a first-of-its-kind dedicated helpline number 1888 to provide litigants easy
access to justice.
India s tallest air traffic control (ATC) tower to be operational at Delhi airport by December 2017.
Delhi has become the second state to launch e-RTI portal that will enable citizens to file online Right to Information
(RTI). Maharashtra is the first state
Delhi police will be the first state police in India who will get super cop belt .
Delhi Metro has become the only completely green Metro system in the world for adhering to green building
norms for its residential colonies.
The National Green Tribunal, NGT has imposed an interim ban on use of non-biodegradable plastic bags which are
less than 50 microns in the New Delhi. Fine of 5,000 rupees on anyone found in possession of such banned plastic.
North Eastern Cultural and Information Centre will be set up in Delhi.
A special train called the mosquito terminator was pressed into service by the South Delhi Municipal Corporation
(SDMC), in collaboration with the Northern Railway, to spray anti-larval chemicals along the tracks to control
mosquito breeding.
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The Supreme Court has placed a ban on the sale of firecrackers in the Delhi-National Capital Region (NCR) during
the upcoming festive season of Diwali. The ban will remain in effect till November 1.
New Delhi, the national capital, has been named as world s worst megacity for sexual violence against women in a
survey conducted by the Thomson Reuters Foundation.
Delhi Metro Rail Corporation Ltd installed the Nobel Memorial Wall at Rajiv Chowk metro station for the seventh
consecutive year.
The Delhi government signed a twin city agreement with the Seoul Metropolitan Government for strengthening
cooperation in the fields of e-governance, transportation, climate change and smart city.
Gujarat
India s first ever mega textiles trade fair – Textiles India 2017, was inaugurated by the Indian Prime Minister
Narendra Modi, at the Mahatma Mandir in Gandhinagar, Gujarat.
Gujarat s Ahmedabad has become India s first World Heritage City after the Unesco s World Heritage Committee
included it in its list.
The None Of The Above (NOTA) option available for the first time in upcoming Rajya Sabha elections in Gujarat.
Gujarat first state to implement coal utilisation between power units
Gujarat on October 10 reduced VAT on petrol and diesel by 4%, becoming the first state to give relief to consumers
from a recent surge in oil prices.
The Centre has given green clearance for a greenfield airport project at Hirasar, about 28 km from Rajkot in
Gujarat, at a cost of over Rs. 1,400 crores.
Birsa Munda Tribal University inaugurated in the tribal dominated Rajpipla town in Narmada district about 90 kms
from Vadodara.
Ahmedabad in Gujarat has been formally accorded the status of India s first World Heritage City. The honour makes
the walled city of Ahmedabad the first city in India, and the third in Asia after Bhaktapur (Nepal) and Galle (Sri
Lanka).
Making steps towards digital revolution in the schools of Gujarat, state govt. launched state-wide Gyankunj
Project on Teachers Day. The objective of the project is to produce world-class students.
Gujarat government has launched Shramik Annapoorna Yojana (Construction Workers Meal Scheme), under which
each registered worker is provided a plateful of food for a mere Rs 10 with the Gujarat government providing a
hefty subsidy of Rs 19 per meal.
The ₹ -crore high-speed rail training centre for the first bullet train project will be set up in Vadodara, Gujarat.
Amaazia, India s first Cartoon Network branded amusement park, will open in Surat, Gujarat in the first quarter of
2019.
Haryana
The Haryana government announced lifetime monthly pension to the Hindi satyagrahis and those from the state
who were jailed during the Emergency in 1975, hiked financial assistance to veterans of the Second World War
(WW-II) and their widows, and provide 10-hour power supply to the agriculture sector.
Haryana first state to treat Hepatitis-C patients with oral medicine
Gurugram to have North India s biggest butterfly park
Students passing out of government medical colleges in Haryana will now be required to do a fixed period of
service in government hospitals of the state
Haryana government has prohibited flushing/mixing of liquid nitrogen with any drink or food article.
President Ram Nath Kovind has accorded approval to the proposal for setting up the world s first AYUSH University
at Haryana s Kurukshetra.
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According to an Indian Council of Medical Research (ICMR) report, approximately 17.3 lakh new cancer cases are
being estimated by the year 2020 in India. Haryana has a major share, with over 39% of cases recorded in the state.
Himachal Pradesh
Green Spiti mission would for the Spiti Valley to increase forest cover to overcome water shortage.
After two years of trial runs on the challenging Manali-Rohtang highway, Himachal Roads Transport Corporation
(HRTC) has finally launched its electric bus service on the route on a regular basis. With this, Himachal Pradesh has
become the first hill state in the country to run electric buses.
PM Narendra Modi laid the foundation stone for an AIIMS premier hospital in Bilaspur town of Himachal Pradesh.
Jammu Kashmir
In order to pave the way for applicability of the Goods and Services Tax (GST) regime in Jammu and Kashmir, the
Cabinet gave ex-post facto approval for amendment of the Constitution Order, 1954 by way of the Constitution
Amendment Order, 2017.
Pratham-Shyok bridge that will link Leh to Karakoram, providing connectivity on the strategically important Darbuk-
Shyok-Daulat Beg Olde axis for military transport.
First power plant under PM Ladakh scheme commissioned in Biaras Drass of Kargil in Jammu & Kashmir.
Jharkhand
Vice President M Venkaiah Naidu laid the foundation stone for Ranchi Smart City coming up on the Heavy
Engineering Corporation (HEC) land. This would be the country s first green-field smart city.
Karnataka
Karnataka would provide Rs 400 crore fund to mentor 100 start-ups with idea validation, incubation facilities and
expertise in accounting and legal norms. Launched the Elevate 100 scheme for same.
Kempegowda International Airport in Bengaluru, Karnataka will become the first airport in the country to have a
helicopter-taxi (heli-taxi) service for those who cannot afford to spend time battling traffic to travel across the city.
Indira Canteen , aimed at serving the poor at subsidised rates, was inaugurated in Bengaluru by Congress vice
president Rahul Gandhi.
Amazon announced a partnership with the Akshaya Patra Foundation to implement the Karnataka government s
Ksheera Bhagya Scheme in Bengaluru, wherein schoolchildren would be provided a glass of milk each five days a
week.
Karnataka government will be merging the existing seven health schemes to launch a unified scheme- Arogya
Bhagya which will cover all 1.4 crore households of the state.
Karnataka Chief Minister Siddaramaiah launched the Mathru Purna scheme, which aims to provide nutritious
meals to about 12 lakh pregnant women and lactating mothers in the state.
Karnataka government, from next academic year, has decided to provide free education to girls from class one to
graduation level in all public and aided private schools and colleges.
Karnataka has become the first Indian state to have an electric vehicle policy after the state Cabinet approved the
Karnataka Electric Vehicle and Energy Storage Policy.
The Vice President, Shri M Venkaiah Naidu, inaugurated the Swachhta Hi Seva and Shouchalayakkagi Samara (A
Crusade For Toilets) Programme in Karnataka.
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Kerala
Kerala Chief Minister Pinarayi Vijayan launched G-Ride, a digital ride sharing platform that matches co-workers and
neighbours and help them travel together to work.
Onam, the biggest and the most important festival of the state of Kerala, celebrated in the state.
Kerala is going to open India s first transgender-exclusive clinics at government medical colleges across the state.
Kerala government launched She Pad , a scheme to distribute free sanitary napkins to girl students from classes VI
to XII in government and aided private schools affiliated to the state school board.
The Indian Ocean Rim Association (IORA), common platform of 21 countries including India and geographically
bordering Indian Ocean, is to set up a Centre of Excellence in Kochi. hHeadquarters of IORA is located at Ebene,
Mauritius.
Lakshadweep Island
According to a study, Parali I island in the Union Territory of Lakshadweep, part of Bangaram atoll, which had an
area of 0.032 sq.km in 1968 has been completely eroded, resulting in its inundation.
Madhya Pradesh
Foundation stone of country s biggest global skill park laid in Bhopal
The Madhya Pradesh government has contributed Rs. 2 crore to Assam Chief Minister s Relief Fund for the
prevailing flood situation in the state.
MP govt. launched Single Click Pension Delivery scheme, wherein the money will go directly into the account of
the beneficiaries.
MP CM Shivraj Singh Chouhan inaugurated a toilet in the Mangalwara area for the exclusive use of transgenders ---
first of its kind in the country.
Madhya Pradesh, which was the first state to announce that it would switch to January-December financial year
from the existing April-March cycle starting 2018, has put the plan on the back burner.
Bhavantar Bhugtan Yojna for the farmers of the state launched. Madhya Pradesh is the first state to lend money
to farmers at zero percent interest.
Maharashtra
Mumbai s Vikrikar Bhavan renamed as GST Bhavan
Maharashtra has become the first state in the country to provide women an injectable contraceptive for free.--
launched a programme called Antara
Maharashtra first state to have law against social boycott after President of India gave assent to Social Boycott
(Prevention, Prohibition and Redressal) Act, 2016.
Matunga suburban railway station in Mumbai has become the first station in India to be run by an all-women staff.
Mumbai Metro One has announced the launch of India s first Mobile Ticketing System OnGo which will help
commuters pass the AFC gates using their mobile phones.
Maharashtra government has announced plans to launch 112 as a single integrated helpline number for police, fire
brigade, and ambulance services.
The Maharashtra government is planning to ban plastic carry bags after the Gudi Padwa (Maharashtrian New Year)
next year. Gudi Padwa falls in March-April period.
Maharashtra Chief Minister Devendra Fadnavis has launched the Maharashtra Mission 1 Million initiative under
which over 10 lakh students across the state will play football.
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MahaLabharthi web portal that will help people get information about all the government schemes that they are
eligible for.
The restored Royal Opera House, located at Mumbai s Charni Road, has received the Award of Merit from the 2017
UNESCO Asia-Pacific Awards for Cultural Heritage Conservation. The building, which was closed to the public in
1993 and reopened in 2016, was restored by architect Abha Narain Lambah.
Manipur
A North East Centre for Ethno Medicinal Research has been inaugurated at Hengbung village in Kangpokpi district
of Manipur.
Manipur's Nungthaang Tampak village has emerged as the '100 percent computer literate' not only in the state but
in the entire North East.
Heikru Hidongba, the traditional boat race festival of Manipur, was celebrated at the Thangapat (moat) of Shri Bijoy
Govindajee, Sagolband, Imphal on September 3.
Manipur celebrates Mera Houchongba festival
Meghalaya
Launched an ambitious flagship program titled Livelihood Intervention and Facilitation of Entrepreneurship (LIFE)
at Songsak, Meghalaya.
Mizoram
Mizoram s Dampa Tiger Reserve now holds the distinction of housing the highest number of clouded leopards in
Southeast Asia, the state government has claimed. Density of population of clouded leopards, locally knows as
Kelral , is 5.14 per 100 sq km in the reserve.
Odisha
Bhubaneswar, Odisha hosted the 22nd Asian Athletics Championships (ACC) from July 5-9.
After the successful organisation of 22nd Asian Athletics Championships, the Odisha government has announced it
would set up the Kalinga International Sports City in Bhubaneswar to hold mega international events in the coming
years.
Nalco, in collaboration with Odisha Industrial Infrastructure Development Corporation, is setting up the first of its
kind Aluminium Park in Angul.
Odisha government has renamined Wheeler Island in Bhadrak district as Abdul Kalam Island
Odisha will partner with Facebook to train women entrepreneurs and Self Help Groups (SHGs) to promote
entrepreneurship and digital literacy and organise hands-on workshops for Micro, Small and Medium women
Entrepreneurs and women SHGs on Digital Marketing Skills in collaboration with Facebook.
Odisha s Government has launched She Means Business programme of Facebook for women entrepreneurs in
Odisha.
The annual Balijatra festival was inaugurated at the Gadagadia ghat in Cuttack on the banks of river Mahanadi.
Puducherry
The Puducherry government has decided to ban manufacture and use of plastic packaging materials of less than 51
microns as these were found to be injurious to health and a source of menace during monsoon in the Union
Territory.
Punjab
Punjab - first state in the country where injection-safety programme is being implemented in collaboration with
the World Health Organisation (WHO).
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Punjab government has launched Apni Gaddi Apna Rozgar scheme by flagging off over 100 uberMOTO bikes.
India s first museum on Partition of the Indian subcontinent opened in Amritsar, Punjab.
Rajasthan
In a move that is a first for the country, Rajasthan has fixed minimum educational qualification for candidates
interested in contesting elections for elections to village cooperative societies and various other cooperative
bodies.
Prime Minister Narendra Modi dedicated a hanging bridge built across the Chambal river at Kota to the nation.
The bridge, over Chambal River, has the longest main span of 350 metre in the country and will also act as a
bypass to Kota City.
Rajasthan becomes 1st state to incorporate skill development programme in higher education.
Rajasthan has launched the Election Commission s web- based project, ERO-Net, using which voters can register
their names on electoral rolls.
Government has passed an ordinance which seeks to protect both serving and former judges, magistrates and
public servants in Rajasthan from being investigated for on-duty action without its prior sanction -- Criminal Laws
(Rajasthan Amendment) Ordinance, 2017.
Tamil Nadu
Tamil Nadu topped the rooftop capacity addition table, according to a report by Bridge to India, a global renewable
energy consulting firm.
Madras HC makes singing of Vande Mataram mandatory in TN schools
Prime Minister Narendra Modi inaugurated former President A.P.J. Abdul Kalam s memorial in Tamil Nadu s
Ramananthapuram district
Bangladesh will soon open a new diplomatic station in Chennai.
The Madras high court has banned the use of pictures of living persons on banners and hoardings in Tamil Nadu,
where towering cut-outs of politicians and actors are almost a part of the local culture.
India s Second Technology and Innovation Support Center (TISC) Established in Chennai. 1st at Punjab.
Telangana
An innovative programme named Janahitha was launched to receive complaints from public through a special
portal.
Telangana to have separate agriculture budget from next year
India s first university only for Dalit students to come up in Hyderabad by 2018.
The Bonalu festival, reflecting Telangana s rich culture and traditions, was celebrated with gaiety in Hyderabad
with thousands of devotees participating in the festivities.
In a first of its kind, Telangana State will have eco-friendly bridges over a canal cutting across the tiger corridor
linking the Tadoba-Andhari Tiger Reserve (TATR) in the Chandrapur district of Maharashtra with the forests in
Telangana s Kumram Bheem Asifabad district.
Telangana government launches 181 helpline for distressed women
Regional Vocational Training Institute, Hyderabad, the first of its kind in Telangana inaugurated.
An innovative programme named Janahitha was launched to receive complaints from public through a special
portal.
Telangana to have separate agriculture budget from next year
India s first university only for Dalit students to come up in Hyderabad by 2018.
The Bonalu festival, reflecting Telangana s rich culture and traditions, was celebrated with gaiety in Hyderabad
with thousands of devotees participating in the festivities.
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In a first of its kind, Telangana State will have eco-friendly bridges over a canal cutting across the tiger corridor
linking the Tadoba-Andhari Tiger Reserve (TATR) in the Chandrapur district of Maharashtra with the forests in
Telangana s Kumram Bheem Asifabad district.
Telangana government launches 181 helpline for distressed women
Regional Vocational Training Institute, Hyderabad, the first of its kind in Telangana inaugurated.
Uttarakhand
Uttarakhand becomes 20th state to ban begging.
The World Book Fair 2017 held in the capital city Dehradun of Uttarakhand from August 28, with the state
government offering discounts on books based on the lives of national figures.
The Uttarakhand Government and a charitable funding agency, Swan Cultural Center and Foundation launched
Solar Briefcase in Kedarnath Dham. The initiative was taken to provide electricity to far flung areas in the hill state.
Uttar Pradesh
UP govt launches free power connection scheme for BPL families
Lucknow Metro to be India s 1st with own FM radio station
The state has initiated a cleanliness drive Swachata Ka Shankhnad in the state.
The country s first aviation university at Fursatganj in Uttar Pradesh s Rae Bareli district inaugurated on August 18.
Air Vice Marshal (retired) Nalin Tandon has been appointed as the vice-chancellor.
In order to protect the rich aquatic biodiversity of river Ganga from escalating anthropogenic pressures,
development of a Turtle sanctuary in Allahabad, UP along with a River Biodiversity Park at Sangam (confluence of
Ganga, Yamuna and mythical Sarasvati) have been approved under Namami Gange programme.
UP government approved the Mukhyamantri Samoohik Vivaah Yojana , a mass marriage scheme, wherein Rs
35,000 will be spent on each couple, besides gifting them mobile phones and household items.
The Mughalsarai railway station of Uttar Pradesh has been renamed to Pandit Deen Dayal Upadhyay railway
station.
TheUttar Pradesh government has issued an order notifying Vrindavan and Barsana towns in Mathura district as
pavitra teerth sthals (sacred pilgrimage sites) . No meat and liquor shops will be allowed in these towns anymore.
Uttar Pradesh cabinet decided to make India s first conservation reserve for black buck in Allahabad s Meja.
With an Air Quality Index (AQI) of 491 on the 500-point scale, Varanasi has become the most polluted Indian city
among 42 cities, according to data from Central Pollution Control Board. 2nd - Gurugram.
Uttar Pradesh tops in opening new PMJDY accounts after demonetisation.
West Bengal
President Pranab Mukherjee presented the 2.5 croreth Pradhan Mantri Ujjwala Yojana (PMUY) connection at
Raghunathgunj, Murshidabad in West Bengal.
Kolkata hosted Horasis Asia Meeting, a global business meet in November 2017
India s first State of art virology laboratory inaugurated at Dr. Anjali Chatterjee Regional Research Institute for
Homoeopathy in Kolkata.
The West Bengal Transport department has introduced Yatrik mobile phone app to help in the easy booking of
traditional meter taxis in Kolkata.
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Finance and Banking News
From the 23,000 crore to be disbursed to the State farmers by the RBI, it released Rs. 1700 crore in July.
RBI hikes foreign investment limit in g-secs by over 4% for Jul-Sep.
Cabinet approves revision of guidelines of Sovereign Gold Bonds Scheme - investment limit per fiscal year has been
increased to 4 kg for individuals, 4 Kg for Hindu Undivided Family (HUF) and 20 Kg for Trusts
India emerging as front-runner in fight against climate change: World Bank
SBI and Carlyle Group will acquire GE Capital s entire stake in SBI Card, the second-largest credit card franchise in
India.
State Bank of India (SBI) has launched its flagship service INTOUCH in Nepal along with its subsidiary, Nepal State
Bank Ltd (NSBL). Also NSBL Digital Village, Jaharsing Pauwa, which would be the first of its kind digital initiative in
Nepal banking industry along with INTOUCH.
Microfinance institution Svatantra Microfin, has launched an end-to-end cashless solution called Saathi.
Canara Bank forays into paperless banking; launches first digital branch in Bengaluru title CANDI
Karnataka Bank launches Met Loan & Life Suraksha in partnership with M/s PNB MetLife
FINO becomes payments bank. Headquarters - Mumbai
National Multi Commodity Exchange (NMCE) will merge with Indian Commodity Exchange (ICEX) creating the
country s third biggest commodity exchange.
ICICI Bank offers up to Rs 15 lakh instant personal loan via ATMs
India gets good ranks on FSB s (Financial Stability Board) reform report card to G20. The report submitted by FSB
listed India as a compliant jurisdiction with regard to the Basel III reforms in area of risk-based capital and
as largely compliant on liquidity coverage ratio.
NBFCs with asset size of Rs 500 crore and above that have made a net profit in the preceding financial year be
permitted to sell NPS to their clients after registration with the pension regulator.
National Payments Corporation of India (NPCI) has received final approval from the Reserve Bank to function as the
Bharat Bill Payment Central Unit (BBPCU) and operate Bharat Bill Payment System (BBPS).
Inflation to rise noticeably to 4.4% in second half of 2017: Nomura report
The Insurance Regulatory and Development Authority has directed ICICI Prudential Life Insurance to take over the
life insurance business portfolio of Sahara India Life Insurance from 31st July 2017.
The Reserve Bank s Central Board has approved the transfer of surplus to the government of India amounting to Rs
306.59 billion for the year ended June 30, 2017. RBI follows a July to June accounting year.
The government has clarified that banks importing gold and precious metals will have to pay 3 per cent tax under
the GST which can be claimed as input tax credit.
Of the 56 regional rural banks (RRBs), Karnataka Vikas Grameena Bank and Andhra Pragathi Grameena Bank
recorded net profit of more than Rs 150 crore during 2016-17. These are among the 49 RRBs that recorded a profit
in 2016-17.
State Bank of India has launched a CSR (Corporate Social Responsibility) initiative, SBI Gram Seva, which will work in
the areas of health, education, environment and rural infrastructure.
According to the Finance Ministry Data, the country s largest lender, SBI, accounts for over 27 per cent of the total
amount owed to public sector banks by wilful defaulters - tops share of wilful default to PSBs.
Spice Digital Limited (SDL) has received the final licence from the Reserve Bank of India (RBI), allowing the company
to process bill payments as a Bharat Bill Payment Operating Unit (BBPOU) in the Bharat Bill Payment System (BBPS).
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Ujjivan Small Finance Bank Ltd, a wholly-owned subsidiary of Ujjivan Financial Services Ltd, has been given
scheduled bank status by RBI.
Vijaya Bank has launched 100 Digital Villages initiative in an effort to bring residents of these villages under the
formal banking system.
ICICI Bank has announced the launch of Instant Credit Card Service, which will enable its savings account customers
to get a credit card instantly, in a completely digital and paperless manner. This is the first-of-its-kind offering in the
Indian banking industry.
Corporation Bank has bagged the best performance awards for SHG-bank linkage programme for Karnataka for
2015-16 and 2016-17 from National Bank for Agriculture and Rural Development (Nabard).
Foundation stone laying ceremony for the construction of the permanent headquarters building of the BRICS New
Development Bank (NDB) held in Shanghai, China. The building is expected to become a landmark building along
Huangpu River.
RBI has announced it has added private lender HDFC Bank to its list of domestic systemically important banks (D-
SIBs) considered too big to fail. With HDFC Bank s inclusion, there are now three banks that are described as too big
to fail, including state-run State Bank of India and private lender ICICI Bank.
According to a government of India notification, all the peer-to-peer lending (P2P) platforms will be treated as non-
banking financial companies (NBFCs) and will be brought under the ambit of the banking regulator.
Indian insurance sector regulator IRDAI has given the final nod to online non-life insurer Acko General Insurance
Ltd.
The State Bank of India (SBI) announced SBI Intelligent Assistant (SIA) — a chat assistant aimed to address customer
enquiries like a bank representative does. Developed by Payjo, an artificial intelligence (AI) banking platform,
SIA is equipped to handle nearly 10,000 enquiries per second or 864 million in a day — which is nearly 25 per
cent of the queries processed by Google each day.
Public sector lender IDBI Bank has initiated a turnaround plan – Project Nishchay in consultation with The Boston
Consulting Group (BCG). The project aims to accelerate the struggling lender s turnaround programme and improve
financial performance.
India s largest private sector lender by consolidated assets, ICICI Bank has announced a new home loan scheme
that offers borrowers the benefit of 1% cashback on every EMI, for the entire tenure of the loan. The offer will be
valid for home loans with a minimum tenure of 15 years and maximum tenure of 30 years.
Airtel Payments Bank has become the first payments bank in India to integrate the Unified Payments Interface (UPI)
on its digital platform.
In a bid to help develop the fintech ecosystem in India, Fino Payments Bank has launched its mobile banking app
called BPay.
Fincare Small Finance Bank (previously known as Disha Microfin Limited) on Sep 1 2017 has kick-started its banking
operations. Fincare CEO - Rajeev Yadav. It has its Registered Office at Ahmedabad, Gujarat, and Corporate Office at
Bangalore, Karnataka.
Artificial Intelligence (AI)-based chatbot Eva — built for HDFC Bank by Bengaluru-based Senseforth AI Research —
has successfully addressed over 2.7 million customer queries in six months to become the country s largest banking
chatbot.
Singapore s biggest lender DBS Group Holdings has won the Reserve Bank of India s approval to provide banking
services in the country through a wholly-owned subsidiary.
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Bharat Financial Inclusion Limited (BFIL), formerly SKS Microfinance, has signed an exclusivity agreement for a
potential merger with IndusInd Bank.
Reserve Bank of India opens branch in Dehradun, Uttarakhand.
According to the Reserve Bank of India, Gross non-performing assets (GNPA) ratio for NBFCs increased to 5% at
end-March 2017 from 2.9 per cent at end-March 2012.
The Reserve Bank has clarified that, in applicable cases, linkage of Aadhaar number to bank account is mandatory
under the Prevention of Money-laundering (Maintenance of Records) Second Amendment Rules, 2017 published in
the Official Gazette on June 1, 2017.
SBI Foundation has committed Rs 10 crore for the conservation and restoration of Chhatrapati Shivaji Maharaj
Terminus (CSTM) of Mumbai over the period of 3-5 years.
SBI is creating a 15,000-sqft innovation centre in Belapur in Navi Mumbai investing around Rs 100 crore.
SBI has launched a new product -- SME Assist -- to provide short-term working capital demand loans to its MSME
clients.
The State Bank of India has launched the second edition of its Hackathon named Digitize For Bank. This hackathon
will be held from 1st to12th November 2017.
According to a Crisil report, banks are likely to need nearly Rs 3.3 lakh crore this fiscal as provisioning for large NPA
accounts in the current financial year.
Union Bank of India has launched an Android app, Union Sahyog, as part of its drive to digitise customer-facing
banking services.
Oriental Bank of Commerce becomes 7th bank to be under PCA (Prompt corrective Action) by RBI. Others are -
Dena Bank, Central Bank of India, IDBI Bank, Indian Overseas Bank, Bank of Maharashtra and UCO Bank
ICICI announced financial assistance of Rs. 10 crores to the Indian Armed Forces.
HDFC Bank wants to become the Go To bank and preferred banker for the start-up community in the country.
Launched SmartUp zones in its branches across India.
HDFC Life Insurance Company has launched Neo — a servicing bot for Twitter that uses artificial intelligence for
customer service. The insurer hopes to deploy the bot in answering policy —related queries on social media.
Private sector Yes Bank has committed Rs 156 crore to fund first Sewage Treatment Plant (STP) to be constructed at
Varanasi under Hybrid Annuity-PPP Model.
HSBC (Hongkong and Shanghai Banking Corporation) announced the launch of a mobile app – Trade Transaction
Tracker – to help customers track the status of their trade transactions on a real-time basis.
Private insurer Tata AIA Life announced the launch of Eazy Connect , that will extend online customer service to
social media platforms.
The government announced an aggressive Rs 2.11 lakh crore capital infusion for the NPA hit public sector banks
over a period of 2 years.
Out of this, Rs 1.35 lakh crore will be through the recapitalisation bonds, while remaining Rs 76,000 crore from the
budgetary support. Non-performing assets of banks have increased from Rs 2.75 lakh in March 2015 to Rs 7.33
crore as on June 2017.
North East Small Finance Bank Limited has commenced operations as a small finance bank from 17th October 2017.
The Rashtriya Gramin Vikas Nidhi Microfinance Limited– North East (RGVNMFL-NE) is the promoter of North East
Small Finance Bank.
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The Reserve Bank of India (RBI) has decided not to pursue a proposal for introduction of Islamic banking in the
country. Islamic or Sharia banking is a finance system based on the principles of not charging interest, which is
prohibited under Islam.
India s largest private sector bank by consolidated assets, ICICI Bank, announced the launch of India s first voice-
based international remittance service to enable non-resident Indians (NRIs) to send money to any bank in India.
AU Small Finance Bank received approval from Reserved Bank of India (RBI) to operate as Scheduled Commercial
Bank. AU Small Finance Bank s name has now been included in the Second Schedule of Reserve Bank of India Act,
1934.
YES Bank is all set to launch a first-of-its-kind fintech survey. Called India Fintech Opportunities Review, the study
will cover India and a few major fintech markets in the world.
India Post Payments Bank will become operational in all 650 districts of the country by April next year. Two such
banks are already operational in Ranchi and Raipur.
Private sector lender Yes Bank signed an agreement with the government to provide Rs 1,000 crore financing for
food processing projects.
HSBC has pledged to provide $100 billion in financing and investment by 2025 to help combat climate change.
Private Sector, Federal Bank has obtained RBI approval to open representative offices at Kuwait and Singapore.
IDFC Bank, MobiKwik and Net1 have partnered to launch a co-branded virtual prepaid card on the Visa platform to
customers of MobiKwik.
Emirates NBD, the UAE s second-largest lender, has started operations in India with an aim to invest USD 100
million capital into its Indian operations. Branch opened in Mumbai.
RBI asked large borrowers to obtain 20-digit Legal Entity Identifier unique code. LEI is a 20-digit unique code to
identify parties to financial transactions worldwide. The LEI number will help banks in monitoring the aggregate
exposure of corporate borrowers.
RBI to make LEI must for cos with over Rs 5 crore exposure
RBI releases guidelines for P2P lenders; caps loans exposure at Rs 10 lakh per borrower
As per the guidelines released by the Reserve Bank of India (RBI), Peer to peer (P2P) lenders can cumulatively lend a
maximum of Rs 10 lakh and individually have an exposure to a borrower of not more than Rs 50,000.
The P2P lenders would be allowed to lend only unsecured loans i.e. will not be allowed to take collateral against the
loans they lend.
P2P lending is a crowd-funding model (largely online) where people looking to invest their money with people who
want to borrow can do so.
Prudential Norms
(1) NBFC-P2P shall maintain a Leverage Ratio not exceeding 2.
(2) The aggregate exposure of a lender to all borrowers at any point of time, across all P2Ps, shall be subject to a cap of Rs
10,00,000/-.
(3) The aggregate loans taken by a borrower at any point of time, across all P2Ps, shall be subject to a cap of Rs 10,00,000.
(4) The exposure of a single lender to the same borrower, across all P2Ps, shall not exceed Rs 50,000.
(5) The maturity of the loans shall not exceed 36 months.
(6) P2Ps shall obtain a certificate from the borrower or lender, as applicable, that the limits prescribed above are being
adhered to.
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Business News Reliance Jio launches Asia-Africa-Europe (AAE-1), world s longest 100Gbps submarine cable system
Reliance Industries market capitalisation hits Rs 5 lakh cr mark; second firm after TCS to reach milestone
State-owned Oil and Natural Gas Corp (ONGC) wins government nod for Rs 7,738 crore Gujarat State Petroleum
Corp s stake buy.
In a fresh impetus to its artificial intelligence dreams, Google has acquired Bengaluru-based start-up Halli Labs.
The government has banned exports of gold jewellery, medallions and other articles with purity above 22 carats in
a bid to check round tripping of the precious metal.
Country s top mobile operator Bharti Airtel has partnered with Symantec to provide cyber defense to enterprises.
HCL Technologies has completed the acquisition of Urban Fulfilment Services, LLC.
HDFC Ergo General Insurance has completed the merger with L&T General Insurance, marking the first
amalgamation in the country's non-life insurance sector.
E-commerce major Flipkart has acquired global technology major eBay.
Infosys to acquire Brilliant Basics, a London-based product design and customer experience (CX) innovator.
Messaging and social media technology company Hike Messenger has acquired Bengaluru-based tech startup Creo.
BSEs India INX (India International Exchange) has received an approval from the Securities and Exchange Board of
India to commence trading in gold options contracts from August 30. It will be the first one in India to commence
trading.
Google has announced to acquire part of the Taiwan-based HTC Corporation s mobile division team for $1.1 billion.
Google has acquired Bitium, a company that provides enterprise customers with identity and access management
solutions, including single sign-on (SS) and provisioning for Cloud applications.
HCL Technologies has announced the acquisition of automation-driven data management platform Datawave.
To enable small businesses and start-ups to file their Goods and Services Tax (GST) returns smoothly, Airtel
Business has launched Airtel GST Advantage.
Thyssenkrupp AG and Tata Steel Ltd. reached a tentative deal to merge their European steel businesses in a bid to
create the region s second-largest producer and tackle overcapacity in the industry.
E-commerce major Flipkart has acquired mobiles and IT products repair services company, F1 Info Solutions for an
undisclosed amount.
State-owned IDBI Bank has sold 9 per cent stake in Small Industries Development Bank of India (Sidbi) for an
undisclosed amount in a bid to mobilise funds by exiting non-core business. Earlier in September, the bank sold 1%
stake in Sidbi.
E-commerce major Amazon India has launched a new marketplace Amazon Business to cater to the requirements
of the small and medium businesses (SMBs) in the country.
The National Bank for Agriculture and Rural Development (Nabard) has bought an additional 7% stake totaling to
10% in Small Industries Development Bank of India (Sidbi) for Rs900 crore from troubled public sector lender IDBI
Bank Ltd.
Bharti Airtel acquires Tatas telecom business on cash-free basis - Consumer Mobile Businesses (CMB) of Tata
Teleservices Limited (TTSL) and Tata Teleservices Maharashtra Limited (TTML).
Bharti Airtel has received Ghana s National Communications Authority s approval for the merger between Bharti
Ghana (Airtel) and Millicom Ghana (Tigo)
Axis Bank has acquired payments wallet Freecharge for Rs. 373 crore. Sangram Singh has been appointed as the
CEO of Freecharge Payment Technologies Private Ltd.
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The Board of Directors of IndusInd Bank Ltd and Bharat Financial Inclusion Ltd have approved the merger of two
companies through a composite scheme of arrangement.
E-commerce major eBay has acquired a 5.4% stake in Flipkart.
The IDFC Group and Shriram Group have decided to call off their merger proposal as they were not able to reach a
mutually acceptable swap ratio.
Small Industries Development Bank of India (SIDBI) has revamped its portal www.udyamimitra.in with enhanced
features to provide easy access to credit and hand-holding services for micro small medium enterprises (MSME).
Reliance Industries Ltd (RIL) became the first Indian company to cross Rs6 trillion market capitalisation after its
shares surged over 75% so far this year and hit a fresh lifetime high.
Nokia and Xiaomi ink patent and equipment deal, Xiaomi buys Nokia patents
Popular mobile-based digital payment platform Paytm launched Inbox , a messaging service that will allow
consumers to chat with friends and family, and send and request money at the same time.
ONGC (Oil and Natural Gas Corporation) gets government nod for acquiring HPCL (Hindustan Petroleum).
Rs 10,000 Crore MoU signed between Govt of India & Patanjali
According to Central Board of Direct Taxes (CBDT), provisional figures of direct tax collections up to October, 2017
show that net collections are at Rs. 4.39 lakh crore which is 15.2 percent higher than the net collections for the
corresponding period of last year.
The GST Council decided to raise Composition Scheme threshold to Rs 2 crore. The Council, which held its 23rd
meeting in Guwahati, decided that there will be no inter-state taxes and input tax credit for composition dealers.
Out of 228 items in the 28% tax bracket, 178 have been put into the lower tax category of 18%. It will be applicable
from 15th November.
Economy News To protect online consumers, the government has made it mandatory for e-commerce companies from January
2018 to print not only the MRP on goods but also information like expiry date and customer care details.
The Union Government has saved around Rs 57,000 crore in 2016-17 through Direct Benefit Transfer (DBT) scheme
under which subsidies are given directly to beneficiaries.
I-T Department unearths income of Rs 5,400 cr post-note ban
The Income Tax department has detected undisclosed income of around Rs.71,941 crore over the last three years
from April 1, 2014 to February 28, 2017
The government has ordered state-run oil companies to raise subsidised cooking gas (LPG) prices by Rs 4 per
cylinder every month to eliminate all the subsidies by March next year.
The Government of India has launched a new sub-scheme named Aajeevika Grameen Express Yojana (AGEY)
as part of the Deendayal Antyodaya Yojana – National Rural Livelihoods Mission (DAY-NRLM).
The government has raised the creamy layer ceiling by Rs 2 lakh and announced setting up of a commission to
work out sub-categorisation within Other Backward Classes (OBCs) for a "more equitable distribution of
reservation benefits". OBC families earning up to Rs 8 lakh per annum will not be considered in the creamy
layer. Earlier, this ceiling was Rs 6 lakh per annum.
The government has clarified that selling of space for advertisements in print media would attract 5 and 18
per cent Goods and Services Tax (GST), depending on the terms of the contract between the newspaper,
advertisement agency and the client.
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The three-decade old National Crime Records Bureau (NCRB) has been merged with another central police
organisation — the Bureau of Police Research and Development (BPRD) by the government with an aim to
improve efficiency of development works related to policing.
Base year to measure WPI revised from 2004-05 to 2011-12
According to The Economic survey, extreme weather events are costing India $9-10 billion annually and
climate change is projected to impact agricultural productivity with increasing severity from 2020 to the end of
the century.
Gobindobhog rice,a speciality from Burdwan district of West Bengal, has got the geographical indication (GI)
status. As a result of getting the GI tag, as the certification is also called, rice from other regions or rice of
other varieties cannot be branded as Gobindobhog .
For the first time ever, forex exchange reserves crossed the $400-billion mark as on September 8 to reach
$400.727 billion, data from the Reserve Bank of India show. The central bank took almost a decade to shore
up its forex kitty by $100 billion to cross $400 billion from $300 billion.
According to a new series of gross State domestic product data with 2011-12 as the base year published by the
Central Statistics Office, Arunachal Pradesh was the fastest expanding State economies in 2015-16 followed by
Jammu and Kashmir. Maharashtra topped the list.
State Bank of India (SBI) is India s most trusted and most popular bank according to a survey conducted by
Brand Finance, a business valuation and strategic consultancy headquartered in London.
The Reserve Bank of India (RBI) has said, India s current account deficit (CAD) rose sharply to $14.3 billion in
the first quarter (April-June) of 2017-18 from $0.4 billion reported for the like period of 2016-17.
According to Dun and Bradstreet report titled India s Top Banks 2017 , the credit growth of all scheduled
commercial banks slowed down from 10.9 per cent in 2015-16 to 8.1 per cent in 2016-17.
According to Japanese financial services major Nomura, India s current account deficit is expected to widen to
1.5 per cent of GDP in 2017
Project Insight , launched in October 2017, will use big data analytics to match information from social media
sites to deduce mismatches between spending pattern and income declaration. So next time a photo of your
shiny new luxury car on Instagram or a costly watch on Facebook may lead the taxman to your door as the tax
department from next month will begin amassing virtual information to trace black money.
India s first bullet train between Ahmedabad and Mumbai is likely to be completed by 2022, the year marking
75 years of India s Independence.
According to Fitch Ratings, Indian Banks will require about USD 65 billion in additional capital, to meet the new
Basel-III capital standards by March 2019 (financial year 2018-19) and push loan growth.
The Reserve Bank of India, RBI will introduce 100 rupees coin to mark the birth centenary of AIADMK founder
Late Dr M G Ramachandran. It will also issue 5 rupees coin to mark the birth centenary of Dr M G
Ramachandran.
The Vice President of India Shri M. Venkaiah Naidu released a Commemorative Coin on Bharat Ratna Dr. M.S.
Subbulakshmi and inaugurated an exhibition entitled Kurai Onrum Illai-MS: Life in Music on the occasion of
Birth Centenary Commemoration of Dr. M.S. Subbulakshmi. Madurai Shanmukhavadivu Subbulakshmi (also
known as M.S.) was an Indian Carnatic singer from Madurai, Tamil Nadu. She was the first musician ever to be
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awarded the Bharat Ratna, India s highest civilian honour. She is the first Indian musician to receive the Ramon
Magsaysay award, often considered Asia s Nobel Prize.
The Pension Fund Regulatory and Development Authority (PFRDA) has upped the age limit for joining the
National Pension Scheme (NPS) to 65 years from the current 60. NPS is currently open for people between 18
and 60, and the Board has approved raising the age limit for joining to 65. The scheme anyway has the option
of continuing and making contributions up to the age of 70.
According to revised estimates published by the World Trade Organisation (WTO), global merchandise trade is
expected to grow at a higher 3.6 per cent in 2017, compared with 1.6 per cent increase last year. The WTO
had earlier projected the world trade to grow at 2.4 per cent in 2017.
India s external debt amounted to $485.8 billion during the quarter ended June 17, up 1.3 per cent over the
same period a year ago.
According to data released by the Commerce Ministry, cooling of food prices helped ease India s annual rate
of inflation based on the Wholesale Price Index (WPI), with the revised base year of 2011-12, in September to
2.6 per cent.
According to market research firm Gartner, Global IT spending in India is projected to hit $3.7 trillion in 2018
— a 4.3 per cent increase from 2017.
According to Coffee Board, coffee output in India, is pegged to be a record 3.50 lakh tonnes in the 2017-18
marketing year started this month on higher acreage.
The GST council meet chaired by Finance Minister Arun Jaitley mentioned that permanent account number
(PAN) or Aadhaar would not be mandatory if jewellery is purchased above Rs 50,000.
Govt. approved Rs 2,000 crore specifically for setting up Aadhaar centres in post offices, a move that will see
private contractors phased out from the data collection process.
The provisional figures of Direct Tax collections up to September, 2017 reported a 15.8 percent increase (Rs.
3.86 lakh crore) compared to the net collections for the corresponding period of last year.
Digital payments to grow at 26 % CAGR during 2016-2020: World Payment Report
The centre has released Rs 8,698 crore to states to compensate them for revenue loss following Goods and
Services Tax (GST) implementation. All states barring Rajasthan and Arunachal Pradesh, have been given
compensation.
According to the data furnished by the Comptroller General of Accounts (CGA), the Indian budgetary fiscal
deficit over the first half of the current financial year at Rs 4.99 lakh crore — stood at 91.3 per cent of the full
year s target of Rs 5.46 lakh crore.
According to NITI Aayog Vice-Chairman Rajiv Kumar, the economic slowdown that began in 2013-14 has
bottomed out and the GDP is likely to grow at 6.9-7 % this fiscal (2017-18) and 7.5% in 2018-19.
Government has permitted banks to sell more small savings schemes. Banks can also sell National Savings
Time Deposit Scheme 1981, National Savings (Monthly Income Account) Scheme 1987, National Savings
Recurring Deposit Scheme 1981 and NSC VIII issue. Present annual rate of interests are as:
Investments in the public provident fund (PPF) – 7.8 per cent
Kisan Vikas Patra (KVP) investments – 7.5 per cent and mature in 115 months.
Sukanya Samriddhi Account Scheme – 8.3 per cent
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5-year Senior Citizens Savings Scheme – 8.3 per cent. The interest rate on the senior citizens scheme is paid
quarterly.
The government gave ex-post facto clearance to implementation of the Special Banking Arrangement (SBA) of
Rs10,000 crore for payment of outstanding claims towards fertiliser subsidy in 2016-17.
Asia Index Pvt Ltd, a joint venture of S&P Dow Jones Indices and BSE, has launched an environmental, social and
governance (ESG) index to measure the exposure to securities meeting sustainability investing criteria.
Eight core sectors grew to a six-month high of 5.2 per cent in September, helped by a robust performance in coal,
natural gas, and refinery segments.
According to the Japanese financial services major, Nomura s report, India s current account deficit (CAD) for this
financial year is expected to be around $40 billion, or 1.5% of gross domestic product (GDP).
The revenue department has announced that farmers do not need to quote PAN for cash sale of their produce up
to Rs 2 lakh a day.
Lauding India s increasing per capita income, World Bank CEO Kristalina Georgieva said she has no doubt that India
will be a high-middle income country by 2047 when it completes its centenary year of independence.
India s insurance regulator IRDAI has mandated all insurers – life and non-life – to link the Aadhaar number of the
policy holders to their policies. It further said that linking of Aadhaar number to insurance policies is mandatory
under the Prevention of Money-laundering (Maintenance of Records) Second Amendment Rules 2017.
Sidbi, Crisil to launch sentiment index named CriSidEx for micro, small and medium enterprises (MSME) sector
The Government of India launched the BHARAT-22 Exchange Traded Fund (ETF) managed by ICICI Prudential
Mutual Fund targeting an initial amount of about Rs.8,000 crore. This New Fund Offer is open till November 17,
2017. The Units of the Scheme will be allotted 25% to each category of investors.
According to data from the Ministry of Commerce and Industry, the Wholesale Price Index (WPI), with the revised
base year of 2011-12, went up in October to 3.59 per cent from 2.60 per cent in September.
Apps Launches/ Portal/Helpline
APP/Portal Features/Use Hire Google has launched Hire , a recruiting app for small- and medium-sized
businesses.
MERIT app (Merit Order Despatch
of Electricity for Rejuvenation of
Income and Transparency) and
the e-bidding portal
The app and the portal would help the states to select Independent Power
Producers (IPPs) for procurement of power by transferring their domestic
coal.
launched by Power Ministry.
GST Rates Finder to enhance the ease of doing business post the rollout of the GST
launched by Central Board of Excise and Customs (CBEC)
Rail SAARTHI to cater to various passenger requirements, including ticket booking, inquiry,
on-board cleaning and ordering meal on a single platform.
mAadhaar for syncing Aadhaar data on the mobile phone, has been launched by UIDAI
(Unique Identification Authority of India).
Aarambh Mobile App for Road Maintenance
Sagar Vani An Integrated Information Dissemination System. launched by Minister of
Science & Technology, Earth Sciences and Environment, Forests & Climate
Change Dr. Harshvardhan
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India Quake An App for Earthquake Parameter Dissemination. launched by Minister of
Science & Technology, Earth Sciences and Environment, Forests & Climate
Change Dr. Harshvardhan
Kaizala Microsoft Kaizala is a Made for India product and brings together the two
disparate worlds of mobile-only messaging apps and a digitally integrated
modern workplace
e-RaKAM (Rashtriya Kisan Agri
Mandi)
an e-platform to trade agriculture commodities to ensure better returns to
farmers and access to larger markets to buyers.
AGRI UDAAN programme Launched by Hyderabad-based ICAR-National Academy of Agricultural
Research Management (NAARM).
Selected startups will be trained to develop innovative agriculture products.
Bespoke mobile wallet (mobile
payment App)
State-run Bharat Sanchar Nigam Limited (BSNL) has launched it.
Has been developed and issued by MobiKwik on behalf of BSNL.
1. MyFASTag (Launched by
National
and Highways
Authority
2. FASTag Partner of
India)
1. Consumer App. A consumer can purchase or recharge FASTags on this App
2. Merchant App. Common Services Centre, banking partners and vehicle
dealers can sell and enroll FASTag through this App
Science & Technology
A group of Indian astronomers have discovered a massive supercluster of galaxies, and have named it Saraswati.
A US-Russia research collaboration at Harvard has created the world s most advanced quantum computer
In a first, US scientists have developed a plant-based Zika vaccine that could be more potent, safer and cheaper to
produce than other medicines being developed for the disease. The vaccine, developed using tobacco plant, targets
a key protein — called DIII — which envelopes the outside of the Zika virus and plays a key role for the virus to
infect people.
International Astronomical Union (IAU) named an asteroid after a young Indian scientist Dr. Guneshwar Thangjam.
The asteroid, which orbits the sun is called Thangjam Asteroid or 11806 Thangjam .
British scientists have developed the world s smallest surgical robot which could transform daily operations for tens
of thousands of patients. The robot is called Versius.
The Indian Space Research Organisation (ISRO) has planned to launch a full-fledged niche Earth observation (EO)
satellite — called the Hyperspectral Imaging Satellite or HySIS — using a critical chip it has developed.
The NASA has successfully launched Tracking and Data Relay Satellite-M (TDRS-M) into orbit.
India s rendezvous with the red planet continues as its celebrated Mars Orbiter Mission (MOM) completes three
years in orbit. The country had on 24 September 2014 successfully placed the Mars Orbiter Mission spacecraft in
the orbit around the red planet, in its very first attempt, thus breaking into an elite club.
NASA astronaut Peggy Whitson, the world s most experienced spacewoman, has returned to Earth after clocking
cumulative 665 days in space. The 57-year-old landed after completing 288 days and 4,623 orbits around Earth
during her third ISS mission.
According to an international team of astronomers used the NASA/ESA Hubble Space Telescope, the Earth-sized
planets orbiting the ultracool TRAPPIST-1 dwarf star 40 light-years away may have substantial amounts of water
and could be habitable.
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Scientists from Brown University in the US have created the first map of water trapped in the uppermost layer of
the Moon s soil using data from an instrument aboard India s Chandrayaan-1 spacecraft. As per a study says that
this may prove useful to future lunar explorers.
In a bid to boost the health sector, scientists at The University of Manchester have created the world s first
molecular robot which can be used to build molecules and also help discover novel drugs.
The U.S. Food and Drug Administration (FDA) has approved for the first time a test -- cobas Zika test -- for detecting
the Zika virus in donated blood.
According to a large clinical trial in Liberia, two experimental Ebola vaccines — cAd3-EBOZ and rVSV-ZEBOV — are
safe and can elicit immune response that lasts for at least one year.
After orbitting the Red Planet for 16 years, NASA s Mars Odyssey spacecraft has captured its first images of the
Martian moon Phobos.
Astronomers have discovered that a Sun-like star - Dubbed Kronos - lurking around 350 light-years away consumed
the rocky equivalent of 15 Earths.
India s second bid to explore Earth s satellite is likely to start in March 2018. The Indian Space Research
Organization (ISRO), is set to start a lunar journey of the Chandrayaan-2 mission as early as March of next year.
Defence News The joint military exercise – Surya Kiran between India and Nepal held in in Rupandehi district, Nepal.
The exercise Yudh Abhyas – 2017 between India and USA, will be held from September 14-27 at Joint Base Lewis-
McChord in the US.
Indian Navy and Sri Lankan Navy on 7 September 2017 began the 2017 Sri Lanka-India Exercise (SLINEX) at
Visakhapatnam, Andhra Pradesh.
Indian and Kazakhstan - 14-day joint exercise Prabal Dostyk 2017 from November 2 in Bakloh belt of Himachal
Pradesh.
Indian and the Bangladeshi armies - an intensive combat exercise Exercise Sampriti at India s Counter-Insurgency
and Jungle Warfare School at Vairengte in Mizoram.
An army training capsule on counter-insurgency/ counter-terrorism operations will be conducted in Patna s
Danapur Cantonment from November 13 to December 10.
Coastal security exercise Sagar Kavach , in which several security and intelligence agencies are expected to
participate, will be held off the Goa coast on November 8 and 9, 2017.
Indian Naval ship Sukanya reached Belawan port, Indonesia to take part in the 30th edition of CORPAT
(Coordinated Patrol) and third Bilateral exercise between the Indian and Indonesian navies.
Exercise INDRA-2017, the first ever Tri Services Joint Exercise between Indian and Russian Armed Forces conducted
at the 249th Combined Army Range Sergeevisky and in the Sea of Japan near Vladivostok, Russia.
A 45 member contingent of the Indian Air Force left for Israel to participate in exercise Blue Flag-17 . Blue Flag is a
bi-annual multilateral exercise which aims to strengthen military cooperation amongst participating nations. Indian
Air Force is participating with the C-130J special operations aircraft along with Garud commandos.
The Indian Coast Guard has handed over offshore patrol vessel ICGS Varuna to the Sri Lankan Coast Guard. India
has earlier handed over two offshore patrol vessels of the Indian Coast Guard — Varaha in April 2006 and Vigraha
in August 2008. ICGS Varuna, named after sea god Varuna, was commissioned in the Indian Coast Guard in
February 1988.
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The Defence Research and Development Organisation (DRDO) twice successfully flight tested Indias indigenously
developed third generation Anti Tank Guided Missile (ATGM) Nag in Rajasthan.
Astra, the beyond visual range air-to-air missile, is all set for production and later induction into the armed forces.
A multi agency exercise was conducted on the banks of Hussain Sagar Lake as the final event of Pralay Sahayam in
Hyderabad.
A new interceptor boat V-409 built by Bharati Defence and infrastructure limited was launched at Mangalore. The
objective of the boat is to provide coastal security.
The Indian Coast Guard has commissioned two high-speed interceptor boats –C-433 and C-434 (built by L&T
Shipbuilding) — fitted with a 12.7 mm machine gun at the Dighi Port in Mumbai, in a move that will boost security
along the Maharashtra coastline.
For the first time in 22 years, India s first ingenuously built INS Kalavari submarine has been handed over to the
Indian Navy.
INS Tarasa, a Water Jet Fast Attack Craft intended for extended coastal and offshore surveillance and patrolling, has
been commissioned into the Indian Navy.
China has announced commissioning its first radar-evading J-20 stealth fighter jets into military service, giving its air
force an edge in the region. The Chengdu J-20 is China s fourth-generation medium and long-range fighter jet
Bangladesh naval ship Somudra Avijan arrived Visakhapatnam on a four-day goodwill visit to the Eastern Naval
Command (ENC).
On the occasion of its 85th anniversary, the Indian Air Force has launched an innovative mobile health App named
`MedWatch in keeping with the Prime Minister s vision of Digital India .
Union Defence Minister Nirmala Sitharaman commissioned the third of the four indigenously-built Anti-Submarine
Warfare (ASW) stealth corvettes INS Kiltan under Project 28 (Kamorta class) into the Indian Navy at
Visakhapatnam s Naval Dockyard.
Indian Naval Ships Satpura and Kadmatt will participate in Passage Exercise (PASSEX) with Japanese Marine Self
Defence Force.
An offshore patrol vessel (OPV) named Vikram , entirely developed in-house by Larsen and Toubro and the
country s first-ever such defence craft to be built in a private shipyard, has been handed over to the Coast Guard.
GOI has armed the Indo-Tibetan Border Police (ITBP) with ISRO s geostationary communication satellite, GSAT-6, to
supervise the nearly 3,500-km-long Sino-Indian border.
The Indian Navy has dispatched a P-8I long-range maritime reconnaissance aircraft to Manila to undertake a Search
and Rescue (SAR) for missing sailors of a merchant vessel that sank off the coast of Philippines.
India has successfully test-fired an indigenously developed short-range and Quick Reaction Surface to Air missile
(QRSAM) from Chandipur along the Odisha coast.
Muntra, country s first unmanned tank, rolls out from the Chennai lab.
The US Navy inducted the world s largest aircraft carrier USS Gerald R Ford, which is worth over Rs83,000 crore
($12.9 billion) and weighs 1 lakh tonnes.
Two naval offshore patrol vessels (NOPVs) named Shachi and Shruti delievered to Navy by Reliance Defence and
Engineering Ltd (RDEL).
Warships, submarines, aircraft and personnel from India, Japan and the US will participate in the Malabar 2017
exercise in the Bay of Bengal from July 7-17.
Doppler Weather Radar built by Indian Meteorological Department at Kochi.
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A student of Chennai s SRM University, Dacharla Panduranga Rohith developed a Nano Missile on 21 August
2017 recognised by World Records of India.
A six-member all-woman team of the Indian Navy will set sail to circumnavigate the globe on the sailing vessel
INSV Tarini. This is the first-ever Indian circumnavigation of the globe by an all-woman crew. The expedition
has been titled Navika Sagar Parikrama .
The Indian Coast Guard Ship Varuna, which was part of the First Training Squadron of the Navy, was
decommissioned with full armed forces honours at a ceremony held at the south jetty of the Southern Naval
Command.
Pakistan successfully test fires short-range ballistic missile, Nasr
The Union Government announced on 3 November 2017 that an indigenously developed lightweight Glide bomb
was successfully tested in Chandipur in Odisha.
Indian Navy is likely to go with an advanced catapult-based aircraft launch mechanism (CATOBAR) from the U.S. for
its second indigenous aircraft carrier (IAC-II)
India successfully test-fired the indigenously-designed and developed long-range subsonic cruise missile Nirbhay
from an Integrated Test Range (ITR) at Chandipur in Odisha s Balasore. It failed its last test in December 2015.
Aiming to strengthen coastal security along the Odisha and West Bengal coastline, the governments of both states
will hold a joint security exercise Sagar Kavach in the Bay of Bengal
Sports News
Tournament Winner Extra Info Senior National title – women s singles title PV Sindhu
Senior National title – men s singles title H.S. Prannoy
Asian Boxing Championships Mary Kom Held in Vietnam
Panasonic Open India (Golf) Shiv Kapur
Fatima Bint Mubarak Ladies Open (Golf) Aditi Ashok
Asia Cup Hockey Title (Women) India Beat China
IBSF World Billiards Championship Pankaj Advani Championship held at Doha, Qatar
United States Open Grand Prix HS Prannoy Parupalli Kashyap
Asian Team Snooker Championship Team: Pankaj Advani
and Laxman Rawat
South Australian Open squash title Harinder Pal Sandhu
Malaysian Squash Tour X event Harinder Pal Sandhu
Korea Open (Badminton) PV Sindhu She defeated World Championships gold
winner, Japan s Nozomi Okuhara
2nd South Asian Basketball, SABA, Under –
16 Championship
India Bangladesh finished second and host Nepal
third.
South Asian Football Federation (SAFF)
Under-15 Championship
India Beat Nepal
Hockey Asia Cup title India Defeated Malaysia.
Held in Dhaka, Bangladesh.
Women s World Cup 2017 England India
FIFA Confederation Cup Football title Germany Chile
FIBA Asia Cup 2017 (Basketball Australia Beat Iran
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Championship)
FIFA Under-17 World Cup England Defeated Spain.
Tournament held in India. Final at the Salt
Lake Stadium in Kolkata.
The FIFA U-17 World Cup in India became
the most attended in the history of the
tournament.
Pro Kabaddi League title Patna Pirates Beat Gujarat Fortunegiants
MCC-Murugappa Gold Cup Oil and Natural Gas
Corporation (ONGC)
Beat Bengaluru Hockey
French Open title – men s singles Kidambi Srikanth It is his 4th title of the year. Earlier -
Indonesia Open, Australian Open and
Denmark Open.
Denmark Open title – men s singles Kidambi Srikanth
Bulgarian International Shuttler RMV
Gurusaidutt
World Open Under-16 Snooker
Championship title
Anupama
Ramachandran
Held in Russia
U-15 Asian Junior Championship Shuttler Samiya Imad
Farooqui
Held in Myanmar
European Racing Championship Mahaveer
Raghunathan
He became first Indian to win the race
Gold at Wushu World Championships Pooja Kadian India s first ever gold medal at the
chanpionship
8th MCC – S R Subramaniam Memorial ITF
Futures Men s tennis championship
Sumit Nagal
57th National Open Athletics
Championships (Men s 500-meter race)
Govindan Lakshmanan
Commonwealth Youth weightlifting
Championship
Konsam Ormila Devi She bagged a gold medal in 44kg weight
category. C ship held at Gold Coast,
Australia
World Cadet Chess Championship in the
under-12 category
Divya Deshmukh
Cadet World Wrestling Championship Sonam Malik She won a gold medal by defeating
Japanese Wrestler Sena Nagamoto
Belgian Junior Open (Badminton) Vaishnavi Reddy
2017 US Open (tennis) – Men s singles Rafael Nadal (Spain)
2017 US Open (tennis) – Women s singles Sloane Stephens
(American)
With she won her 1st Grand Slam.
2017 US Open (tennis) – Men s Doubles Henri Kontinen
(Finland), John Peers
(Australia)
2017 US Open (tennis) – Women s Doubles Ekaterina Makarova
(Russia), Elena Vesnina
(Russia)
2017 US Open (tennis) – Mixed Doubles Martina Hingis
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(Switzerland) and Jamie
Murray (British)
International Shooting Sport Federation (ISSF) World Cup Final - 10m air pistol
mixed team event
Jitu Rai and Heena
Sidhu
Macao Open trophy Indian golfer Gaganjeet
Bhullar
National Blitz Chess Championship R.R. Laxman Championship held at Kolkata
74th National Squash Championships –
men s singles
Saurav Ghoshal
74th National Squash Championships –
women s singles
Joshna Chinappa
Asian Shotgun Championship Ankur Mittal Championship held at Astana, Kazakhstan
Bulgaria Open International Series title–
men s singles
Lakshya Sen
WBO Asia Pacific Super Middleweight title Vijender Singh Beated Chinese opponent Zulpikar
Maimaitiali
Austrian Grand Prix 2017 Valtteri Bottas Sebastian Vettel
Mexico Grand Prix Max Verstappen
F1 s Malaysian Grand Prix Max Verstappen after beating Lewis Hamilton.
Hungarian Grand Prix 2017 Sebastian Vettel Kimi Raikkonen
Brazilian Grand Prix Sebastian Vettel
Italian Grand Prix Mercedes Lewis
Hamilton
Beat Max Verstappen
Singapore Grand Prix Lewis Hamilton Beat Daniel Ricciardo
Belgian Grand Prix 2017 Lewis Hamilton Beat Sebastian Vettel
British Grand Prix 2017 Lewis Hamilton Valtteri Bottas
Japanese Grand Prix Lewis Hamilton
Formula One world champion Lewis Hamilton
US Grand Prix Lewis Hamilton
Tianjin Open Maria Sharapova
Wimbledon 2017 Men s singles Roger Federer
(Switzerland)
Marin Cilic
Wimbledon 2017 Women s singles Garbiñe Muguruza
(Spain)
Venus Williams
Wimbledon 2017 Men s doubles Łukasz Ku ot Pola d / Marcelo Melo (Brazil)
Wimbledon 2017 Women s doubles Ekaterina Makarova
(Russia) / Elena
Vesnina (Russia)
Wimbledon 2017 Mixed doubles Jamie Murray (United
Kingdom) / Martina
Hingis (Switzerland)
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Sports
India will host the men s World Championship in 2021.
India will host women s World Championship for the second time in 2018.
Indonesia to host Asian Football Confederation (AFC) U-19 championship in 2018
Russia s Kazan to host 2022 World Short Course Swimming Championships
China s Hangzhou to host 2018 World Short Course Swimming Championships.
India will host the 2019 edition of the Commonwealth (Youth, Junior and Senior) Weightlifting Championships.
Birmingham has been named as the British government s choice to host the 2022 Commonwealth Games.
The World Senior Badminton Championship began at Kochi. It is for the first time that India is hosting the
Championship.
Asia Road Racing Championship started from 22nd September in Chennai, Tamil Nadu.
South Asian Championship to be held in Guwahati from December 6-10.
The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has approved the revamped Khelo India
programme at a cost of Rs.1,756 crore for the period 2017-18 to 2019-20.
India becomes 1st visiting country to inflict 5-0 whitewash on Sri Lanka.
Meghalaya Chief Minister Mukul Sangma launched a statewide football grassroots development programme
Mission Football .
Chennai Open renamed Maharashtra Open, to be held in Pune from next year.
Indian women s cricket team skipper Mithali Raj has surpassed former England captain Charlotte Edwards to
become the highest run-scorer in the One-Day Internationals (ODI).
Ace Indian shuttler PV Sindhu was awarded the Sportsperson of the Year award by Sports Illustrated magazine.
Pullela Gopichand was conferred with the Coach of the Year award by Sports Illustrated magazine.
Sports Illustrated magazine :: Former sprinter Milkha Singh bagged the Living Legend award, the Lifetime
Achievement award was won by shooter Abhinav Bindra, Inspirational athlete of the year award was won by Deepa
Malik.
Prime Minister Narendra Modi inaugurated The Arena in Ahmedabad, Gujarat one of the most advanced
integrated multi-purpose stadiums.
Budding India shooter Shapath Bhardwaj, aged 15, has become the country s youngest athlete to figure in the
government s Target Olympic Podium (TOP) scheme.
PV Sindhu Becomes Second Indian To Win Silver At World Badminton Championship.
Oinam Bembem Devi Becomes Second Indian Female Footballer To Win The Arjuna Award.
Indian captain Virat Kohli became the leading ODI run-scorer in 2017. Kohli, who has now scored 907 runs this year,
overtook South Africa s Faf du Plessis, who has 814 runs in 2017.
India beat Austria 4-3 to end European tour on a high
Legendary Sprinter Usain Bolt retires.
England's all-time leading goalscorer Wayne Rooney has announced his retirement from international football.
U-19 cricket Asia Cup to be held in November 2017 has been shifted from Bengaluru to Malaysia following the
Pakistan Cricket Board (PCB) s objection to the tournament being held in India.
USA tops the IAAF World Championships 2017 medal tally (30 medals). It was held in London. Hero-the Hedgehog
was a Mascot of 2017 IAAF World Championships and Whizbee-the Bee was the Mascot for the Para Athletics.
Five-time world champion and Olympic bronze medalist MC Mary Kom has become the first Indian to be picked as
International Boxing Association s (AIBA) representative for the IOC Athletes Forum, scheduled in November.
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MS Dhoni has became the first wicketkeeper to have 100 stumpings to his names in one-day international. Dhoni
surpassed former Sri Lankan wicket-keeper Kumar Sangakkara, who had 99 stumpings in 404 matches.
Indian captain Virat Kohli became the fastest player to score 15,000 runs in international cricket during the one-off
T20I against Sri Lanka.
The renowned Indian Badminton legend Prakash Padukone has been selected for the first life time award by
Badminton Association of India. He has been selected for the award for his contributions to Badminton.
The captain of the Indian basketball team, Amritpal Singh scripted history by becoming the first Indian-born player
to be picked up by an Australian NBL team.
The present Chief Coach of India senior women Hockey Team, Waltherus Norbertus Maria Marijne is appointed as
the Chief Coach of Indian Senior Men Hockey Team. Also, Shri Harendra Singh, Dronacharya Awardee, Hockey
Coach as High Performance Specialist Coach for Indian Senior Women Hockey Team.
FIFA U-17 World Cup song officially launched - Called Kar Ke Dikhla De Goal , the song has been written by lyricist
Amitabh Bhattacharya and composed by Pritam.
Acting on the recommendations of the Olympic Task Force on preparations for Olympics 2020-2028, the Sports
Ministry has announced the setting up of an Empowered Steering Committee (ESC) to look into the same. The task
force with members such as Abhinav Bindra and P Gopichand had submitted its interim report focussing on short-
term preparations for the 2020 Tokyo Games on May 22.
Hockey India has sacked national coach Roelant Oltmans after a string of unimpressive outings at the international
level.
England s top tier football club Tottenham Hotspur has unveiled the world s first-ever dividing retractable pitch at
its new stadium. The retractable grass football pitch will sit on top of an artificial pitch which will be used by
American football league NFL
Official Slogan and Emblem of FIFA Women s World Cup France 2019. - The slogan of the tournament Dare To
Shine reflects the development of football, especially women s football.
India remain 4th in women s cricket team rankings
The Indian football team rose two spots above to 105th position in the latest FIFA rankings in October 2017.
Ravi Shastri has emerged as the world s highest earning cricket coach with salary close to 1.17 million dollars per
year, according to ESPNCricinfo.
Jeakson Singh Thounaojam created history at Delhi s Jawaharlal Nehru Stadium by scoring India s first goal in a
World Cup during India s match against Colombia.
Yuvraj Singh has been appointed as Laureus first Indian ambassador.
Virat Kohli has become the top run-scorer at the 200 ODI-mark, after taking the field against New Zealand in the
first ODI at Mumbai.
Virat Kohli became the fastest to reach 9000 ODI runs, taking just 194 innings to achieve the feat
On October 29, as the ICC Rankings were updated, both the Indian captains Virat Kohli and Mithali Raj came out on
top. Kohli overtook South Africa s AB de Villiers in the rankings and Mithali Raj overtook Australia s Meg Lanning.
Indian pacer Ashish Nehra confirmed his retirement from all forms of cricket on Nov. 1
Kavita Devi, who was part of the WWE s Mae Young classic tournament, has made history by becoming the first
ever woman wrestler from India to be awarded a WWE developmental contract.
Netherlands captain Arjen Robben announced retirement from international football.
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All-rounder Shakib Al Hasan became the first cricketer from Bangladesh to be inducted in the MCC World Cricket
Committee under the chairmanship of Mike Gatting.
Heena Sidhu clinched the 10-metre air pistol gold medal at the Commonwealth Shooting Championships.
In a bid to create awareness about para-sports and provide a platform to para sportspersons to narrate their stories
of triumph and adversity,thenationspride.com, the country s first portal dedicated to para-sports has been
launched in Mumbai, Maharashtra.
Dehradun, Uttarakhand hosted its first ever Ranji Trophy cricket match.
Scott Fleming, former India men s national team head coach, has joined NBA India as Head of Basketball
Operations.
The U-17 World Cup will set a record of sorts as it will see for the first time a female assistant referee in a FIFA
men s competition this time. Seven female assistant referees from across the world, one from each continent, have
been chosen by FIFA.
Switzerland s Esther Staubli became the first female referee to officiate a match at the FIFA U-17 World Cup when
Japan clashed with New Caledonia in the final round group E match in Kolkata on 14th October 2017.
Official ball for Under-17 football World Cup -- Krasava, a word generally used by Russian sports fans to describe a
striking performance and it is the ultimate praise for a team when they play with creativity and flair.
9 top weightlifting countries suspended by the by the International Weightlifting Federation – Russia, China,
Kazakhstan, Armenia, Azerbaijan, Belarus, Moldova, Turkey, and Ukraine.
Australian fast bowler John Hastings announced his retirement from first-class and one-day cricket
Federation Internationale de Football Association (FIFA) has decided to suspend the Pakistan Football Federation.
The next cricket season will witness the debut of Puducherry in the domestic circuit after the Supreme Court-
appointed Committee of Administrators (CoA) acceded to BCCI s proposal of granting associate membership to the
Union Territory.
Turkey is all set to host the 10th installment of the World Rally Championship (WRC) in September 2018 in Ankara,
capital city of Turkey.
Indian ace shuttler Srikanth Kidmabi has risen to the zenith of his career as he established himself as world number
2 in the latest BWF men s singles ratings.
Indian women s cricket team captain Mithali Raj bagged the Indian Sportswoman of the Year (Team Sports) award
at the Indian Sports Honours (ISH) event.
Geeta Phogat wins gold at All India Police Championship
Prakash Nanjappa wins gold at Commonwealth Shooting Championships
Virat Kohli - top of the latest ICC Twenty-20 Rankings for Batsmen.
Spain s Rafael Nadal was presented with ATP World No. 1 award
The official mascot of the 2017 AIBA Youth Womens World Boxing Championship is Assams famed one-horned
rhino. The official mascot, anointed Guppy, is a female version of Assam s one-horned rhino.
The opening ceremony is scheduled to take place on November 19 at the Maulana Mohd. Tayebulla Hockey
Stadium.
The Delhi and District Cricket Association (DDCA) has named a gate of the Feroz Shah Kotla ground after former
India opener Virender Sehwag. The Gate No. 2 of the stadium, in Delhi, was named as the Virender Sehwag Gate .
Indian fast bowler Jasprit Bumrah became the number one bowler in the latest ICC T20I rankings Player Rankings.
Pakistan to host ACC Emerging Nations Cup in April 2018
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Hong Kong is set to become the first Asian city to host the Gay Games, after it won the right to host the Games in
2022, beating the likes of Mexico s Guadalajara and Washington DC.
25-time Grand Slam champion Martina Hingis has announced her retirement from professional tennis at the
conclusion of the BNP Paribas WTA Finals Singapore.
Adidas Football has unveiled the Telestar 18 official ball for the 2018 FIFA World Cup to be held in Russia.
India s star gymnast Dipa Karmakar has been conferred a D.Litt. degree from the National Institute of Technology
(NIT) Agartala.
M. S. Dhoni inaugurated his first global cricket academy in Dubai, UAE.
Committees
Head of Committee Purpose Dr. Rajiv Kumar NITI Aayog has constituted an Expert Task Force to provide a major thrust to job
creation by enhancing India s exports. It will be headed by NITI Aayog Vice Chairman Dr.
Rajiv Kumar.
Bhupender Yadav The Financial Resolution and Deposit Insurance Bill, 2017 has been referred to a Joint
Parliamentary Committee of both the Houses, under the Chairpersonship of Shri
Bhupender Yadav, M.P for examination and presenting a Report to the Parliament.
Sushil Kumar Modi (Bihar
Deputy Chief Minister)
The Union Finance Ministry has constituted Group of Ministers (GoM) to monitor and
resolve IT challenges faced in implementation of Goods and Services Tax (GST).
Dilip C Chakraborty The RBC (risk-based capital) committee headed by Dilip C Chakraborty in its report to
Irdai suggested that the industry should move ahead with RBC to ensure that capital
held by a company will take into account its overall risk profile.
Bibek Debroy The Economic Advisory Council headed by NITI Aayog member Bibek Debroy will be an
independent body for giving advice on economic and related issues to the government,
especially to the Prime minister.
T.K. Viswanathan The Home Ministry is examining a report submitted by a high-level committee formed
to propose new laws or amendments to deal with hate speech on the internet. The
committee, headed by T.K. Viswanathan submitted its report to the Union Home
Ministry recently.
K. Viswanathan Securities and Exchange Board of India (Sebi) has set up a committee on fair market
conduct .
Justice B N Srikrishna To study various issues relating to data protection in the country and suggest a draft
data protection Bill. Formed by Union Government.
Justice BN Srikrishna To review the Institutionalization of Arbitration Mechanism in India has submitted its
report.
Maj. General (Retired) B C
Khanduri
Committee has recently recommended 100% pension to widow of deceased soldier
Committee of joint
secretaries
Constituted by GOI for ensuring enhanced affordability, availability and accessibility of
drugs for the citizens.
K Rajeswara Rao To review the National Mineral Policy, 2008, and suggest a new framework will submit
its report by October-end.
Tarun Ramadorai Committee on Household Finance has suggested that banks link their home loan rates
to the RBI s repo rate, the rate at which it lends to banks, instead of the Marginal Cost
of Funds based Lending Rate (MCLR).
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D.B. Shekatkar The government has accepted the first batch of 65 recommendations of the Lt General
D.B. Shekatkar (retd) committee which will result in redeployment of 57,000 personnel
for various other required duties.
PM Narendra Modi Government of India will commemorate the 150th Birth Anniversary of Father of the
Nation Mahatma Gandhi during the period from 2nd October, 2019 to 2nd October,
2020.
Rajiv Kumar (NITI Aayog
Vice Chairman)
For proper management of water resources in the North-Eastern region
G Rohini (Delhi High Court s
former Chief Justice)
To examine subcategorisation of Other Backward Classes (OBCs) under Article 340 of
the Constitution
Himanta Biswa Sarma To make the composition scheme more attractive and to revisit the goods and services
tax rates on restaurants. Sarma is Assam finance minister.
Shashi Tharoor A parliamentary committee has decided to examine the whole gamut of Sino-Indian
relations, including the border situation.
PV Reddi Law ministry nod to panel to look into pay hike issue of lower court judges
Afzal Amanullah Committee appointed by the government on Haj Policy has recommended phasing out
of subsidy for Haj pilgrims and allowing women devotees above 45 years of age to
travel in a group of at least four without a male.
Arun Jaitley Panel will oversee merger proposals of state-owned banks. The other members of the
panel include Railway and Coal Minister Piyush Goyal and Defence Minister Nirmala
Sitharaman. The constitution of Alternative Mechanism (AM) is a movement in that
direction.
A. Arumughaswamy Panel constituted by Tamil Nadu Government to look into the circumstances leading to
the death of former Chief Minister Jayalalithaa.
Y. M. Deosthalee Panel set up by RBI to develop a comprehensive public credit registry (PCR) — an
extensive database of credit information for India that is accessible to all stakeholders.
A Surya Prakash Panel formed to select the candidate for the post of editor-in-chief of Rajya Sabha TV
(RSTV). Surya is Prasar Bharati Chairman.
B C Khanduri Panel to examine the operational preparedness of the armed forces and review the
accidents involving strategic defence assets.
Yashwant Thorat Maharashtra government has formed a committee to study the feasibility of merging
financially weak District Central Cooperative Banks (DCCBs) with the Maharashtra State
Cooperative (MSC) Bank
Sushil Chandra Multi-Agency Group (MAG) will investigate the Paradise Papers on offshore financial
holdings, including a list 714 Indian individuals and entities.
M Vinod Kumar Panel has started a review of the laws governing goods and services tax (GST) to remove
any glitches.
CK Mishra Committee to formulate short and long-term measures to solve the problem of air
pollution in the Delhi-NCR region.
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Rankings
Index India’s Rank Other Information Global index of countries with the
most confidence in their government
1st 73 per cent Indians have faith in the Narendra Modi led
NDA coalition, the highest in the world
Global Retail Development Index 1st India replaced China at numero uno position
Highest proportion of digital talent 1st According to the Capgemini and LinkedIn survey, India
has the highest proportion of digital talent with 76
percent among the countries surveyed, compared to the
global average of 56 percent.
Global TB Report 2017 1st India s rank accounting for 64 per cent of the 10.4
million new tuberculosis (TB) cases worldwide in 2016.
report released by the World Health Organisation
(WHO).
World s largest smartphone market 2nd Ist – China
India overtook USA to become world s second-largest
smartphone market
Biggest beef exporter 3rd 1st – Brazil
According to OECD-FAO Agricultural Outlook 2017-2026
report released by Food and Agriculture Organisation
(FAO) and the Organisation for Economic Cooperation
(OECD)
Nuclear Power Installations 3rd (number of
nuclear reactors
being installed is
6)
Topped by China (number of nuclear reactors being
installed is 20)
Fastest growing economy in the
world according to the World Bank s
latest edition of the Global Economic
Prospects
4th 1st - Estonia
Foreign investor into the UK 4th 1st - USA
Global Climate Risk Index (CRI) 6th 1st – Haiti
Business Optimism index 7th 1st – Indonesia
Most valuable nation brand 8th 1st – USA
According to Brand Finance s Nation Brands 2017
Global Cybersecurity Index (GCI) 23rd 1st – Singapore
released by the UN telecommunications agency
International Telecommunication Union (ITU)
Melbourne Mercer Global Pension
Index 2017
28th 1st – Denmark
World Economic Forum s (WEF)
Global Competitiveness Index
40 Topped by Switzerland
2017 Global Retirement Index 43rd (last) Index given by French asset management company
Natixis Global.
Switzerland, Norway and Iceland topped the ranking.
Most Powerful passports in the 75th 1st – Singapore.
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World Passport Index developed by global financial advisory
firm Arton Capital
In terms of money parked by its
citizens with Swiss banks
88th 1st – United Kingdom
Ease of Doing Business index 100th 1st – New Zealand
Report by World Bank.
India has climbed to 4th position in protecting interest of minority investors, as per the latest Ease of Doing Business
Report of the World Bank. List is topped by Kazakhstan.
Global Hunger Index (GHI), 2017 100th
Kochenov Quality of Nationality Index
(QNI)
101 1st – Germany
World Economic Forum s (WEF)
Global Human Capital Index
103 1st – Norway
Global Gender Gap index 108th 1st – Iceland
Index is launched by World Economic Forum
Sustainable Development Goals Index 116th 1st - Sweden
Index that rates countries by their
commitment to reducing inequality
132nd 1st - Sweden
India leapt up the global rankings by 12 places to take the 14th spot in terms of best country for expats to live and
work in, says a HSBC survey. Topped by Singapore.
India is the most corrupt Asian country with 69 per cent bribery rates, according to a report by Transparency
International.
UN Secretary-General Antonio Guterres said that India ranked third among the countries that have faced the most
natural disasters in the last half century. The United States experienced the most disasters
According to a KPMG (a professional service company) survey, India has emerged as the top country for reporting
corporate responsibility information in the annual financial report of companies, but the quality of disclosures has to
improve.
With 2.51 million deaths in 2015, India has been ranked No. 1 in pollution related deaths, according to a report by
The Lancet Commission on pollution and health. 2nd - China
Indians second-highest public bingers in the world. 1st – Mexico.
Binge Watching means the practice of watching multiple episodes of a television programme in rapid succession,
typically by means of DVDs or digital streaming.
India tops domestic air passenger traffic in September, China second: International Air Transport Association (IATA)
According to the Q3 2017 Salary Budget Planning Report , India s projected salary growth for 2018 stood the
highest in the Asia-Pacific region at 10 per cent despite a decreasing year-on-year pattern.
Rankings (Persons,Cities,Organisations and Others)
In the race to go digital, businesses judge India s Silicon Valley — Bangalore — the best host among 45 cities
worldwide. San Francisco came in second followed by two other Indian cities — Mumbai and New Delhi.
Three Indian firms — Hindustan Unilever, Asian Paints and Bharti Airtel — are among Forbes list of the world s 100
most innovative companies, where Salesforce.com has replaced Tesla Motors on the top position.
Singapore Airlines has been rated the world s best airline in a survey by the Travel and Leisure magazine.
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Tata Consultancy Services, a leading IT services, consulting and business solutions organisation, has been
recognised in Fortune s annual list of the Top 50 companies that are changing the world. mKrishi developed by TCS
got 30th rank. JPMorgan Chase topped the list.
New Delhi s Connaught Place has been ranked as the tenth most expensive office market in the world, as revealed
by the CBRE South Asia s Global Prime Office Rents survey. Hong Kong s Central Markettopped the survey ranking.
Apple topped the list of the world s 100 most valuable brands, according to rankings by consultancy group
Interbrand. Apple is followed by Google.
Reliance Industries Ltd has jumped five places to rank as the world s third-biggest energy company behind Russian
gas firm Gazrpom and German utility E.ON, according to Platts Top 250 Global Energy Company Rankings.
Three Indian entrepreneurial legends, Ratan Tata, Lakshmi Mittal and Vinod Khosla have been included in Forbes s
special list of the world s 100 Greatest Living Business Minds .
Patanjali Ayurved CEO Acharya Balkrishna has been named among India s top 10 richest people for the first time in
Hurun Rich List 2017, with a wealth of ₹70,000 crore. Mukesh Ambani retains the richest Indian title for the sixth
year.
Forbes – Priyanka Chopra is eighth highest paid TV actress, Sofia Vergara tops the list
Google, Bharat Heavy Electricals and State Bank of India have been named as the top three best places to work in
India by leading global job site Indeed.
Bengaluru is the world s most affordable technology hub, according to a study conducted by a realty consultancy
firm.
London has retained its rank as the number one city in the world shrugging off Brexit worries, according to Global
Power City Index (GPCI).
Japanese capital city Tokyo has topped The Economist Intelligence Unit s Safe Cities Index 2017. Delhi and Mumbai
have ranked 43rd and 45th respectively.
The Jaipur and Srinagar Airport got First and Second rank respectively in the category of 2-5 million passengers in
ACI-ASQ Survey.
Hyderabad s Rajiv Gandhi International Airport (RGIA) has bagged the World 1 airport Award trophy of the Airports
Council International (ACI) in the 5-15 million passengers per annum category.
Loans from Banks
From To Amount Purpose
World Bank India $ 125
million For Innovate in India (i3), a National Biopharma Mission aimed at
accelerating biopharmaceutical development in the country.
World Bank India USD 200
million
For the Assam Agribusiness and Rural Transformation Project
World Bank India US $ 1 billion For funding Institutional Development and for construction of
priority infrastructure projects for municipal waste water
treatment and solid waste treatment on the main stem of Ganga
in the five Ganga basin states of Uttarakhand, Uttar Pradesh,
Jharkhand, Bihar and West Bengal.
World Bank India US$ 119
Million
For the Odisha Higher Education Programme for Excellence &
Equity (OHEPEE) Project was signed with the World Bank.
Asian Gujarat $329 million to build access roads to 4,000 villages in Gujarat
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Infrastructure
Investment Bank
(AIIB)
AIIB India USD 2 million
loan (Rs.
13,000
crores)
For various projects in Andhra Pradesh. Projects for roads and
buildings department, for rural safe drinking water department,
municipal and urban development department and Panchayat
Raj department
Asian
Development
Bank (ADB)
India $220 million for improving connectivity as well as transport efficiency and
safety on State Highways of Rajasthan.
Asian
Development
Bank (ADB)
India US$ 3 billion
to US$ 4
billion
For ADB s Indian Operations including support for infrastructure
projects. For the period 2018-22
Asian
Development
Bank (ADB)
IndusInd
Bank
USD 200
million
(about Rs
1,282 crore)
The seven-year senior loan will go toward IndusInd Bank s
microfinance activities. The loan specially will be used to serve
low income women borrowers in rural areas
ADB West Bengal $300 million To continue a comprehensive series of fiscal reforms in West
Bengal to bring about more accessible, affordable, and high
quality public services
ADB India $4 billion ADB has extended the lending to support the country to
accelerate inclusive economic transformation
ADB Himachal
Pradesh
USD 80
million
(about Rs
524 crore)
For modernisation of Himachal Pradesh s technical and
vocational education and training (TVET) institution
Asian
Development
Bank (ADB)
India USD 65.5
million
To continue interventions to check coastal erosion on the
western coast in Karnataka.
ADB India USD 300
million
To continue a series of fiscal reforms in the State of West Bengal
to improve the quality of public service delivery.
AIIB and ADB India USD 100
million
To improve power transmission network and expand the use of
solar and wind energy
New
Development
Bank
China, India
and Russia
US$ 1.4
billion out of
which US$
470 million
to India
Total amount for sustainable development project in 3 countries.
Loan to India for Madhya Pradesh s Multi-Village Rural Drinking
Water Supply Scheme Project.
European
Investment Bank
(EIB)
India € Euro 300
million
For Bangalore Metro Rail Project Phase II Line R6
India Bangladesh USD 4.5-
billion
For developing Bangladesh s infrastructure, health and
education.
India Ethiopia India would give Ethiopia a line of credit of USD 195 million for
power transmission sector and medicines worth USD 2 million.
India Sri Lanka USD 585,000 The assistance package was given to develop agriculture as well
as engineering faculty on the Killinochchi campus of University of
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Jaffna, Sri Lanka.
ICICI Bank NTPC
Limited
Rs. 3,000-cr For partially funding NTPC s capital expenditure.
NABARD Rajasthan
government
Rs 1,350-cr For creation of rural infrastructure in the state under the Rural
Infrastructure Development Fund (RIDF).
NABARD Andhra
Pradesh
Govt.
Rs. 273.06
crore
Loan under Rural Infrastructure Development Fund (RIDF) for
Rural Water supply, Road and Bridge projects.
Deadlines/ Important Dates
What for Deadline/Date Deadline for banks to set up enrollment centres within their premises. If the
banks fail to do so,UIDAI will impose Rs 20,000 as fine per uncovered branch after
September 30
September 30, 2017
First phase of the national optic fibre network, christened Bharat Net project -
which aims to deploy high-speed optical fibre cables across rural areas
December, 2017
RBI has asked banks to provide doorstep banking facilities to senior citizens of
more than 70 years of age and differently-abled persons by
December 31, 2017
Deadline for sale of pre-GST goods with stickers of revised rates. Earlier it was
September 30.
December 31, 2017
AC truck cabins must by December 31 2017
The price of a packaged good would no longer depend on where you bought it —
be it a local kirana store, a mall, a five-star hotel or an airport from
January 1, 2018
Food Safety and Standards Authority of India (FSSAI) has banned the use of
stapler pins in tea bags effective from
January 1, 2018
Medical devices will have to mandatorily carry maximum retail price (MRP) on
packages from
January 1, 2018
Indian Railways has decided to install Aadhaar-based biometric attendance
system across its zones and divisions by
January 31, 2018
Aadhaar and mobile number must be linked by February 6, 2018
For mandatory linking of Aadhaar to avail benefits of various government
schemes.
March 31, 2018
To meet affordable housing targets, the Centre has extended the benefits of the
interest subsidy scheme on home loans under the Pradhan Mantri Awas Yojana or
PMAY (Urban). Earlier it was till December 2017
March 2019
NBCC to redevelop 10 railway stations with amenities similar to airports 2020
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GDP Growth rates predictions (updated ones)
Agency 2017-18 2018-19
World Bank 7.0% -
IMF 6.7% 7.4%
RBI 6.7% -
Ind-Ra 6.7% -
Fitch 6.9% -
ADB 7.0% 7.4%
HSBC 7.1% -
OECD 6.7% 7.7%
Asia will continue to lead global growth: IMF (5.5 per cent for 2017 and 5.4 per cent for 2018)
India s Current Account Deficit is expected to grow by 1.6% from 0.5% in this fiscal year: Nomura
RBI: the Gross Value Added (GVA) at 6.7 per cent in 2017-18
IMF forecast that the global economy will grow by 3.6 per cent in 2017 and 3.7 per cent in 2018
GDP to remain below 6 per cent in second quarter of 2017-18: SBI report
Books
Book Author Other Info President Pranab Mukherjee – A Statesman Published by The Statesman.
Indira Gandhi: A Life in Nature Jairam Ramesh Former union minister
Making of A Legend A coffee table book on Prime Minister Narendra
Modi s life.
Compiled by Sulabh International Founder
Bindeshwar Pathak
Khushwant Singh: In Wisdom and in Jest Vijay Narain
Shankar and
Onkar Singh
On noted author and journalist Khushwant Singh
Kadve Vachan Jain saint
Acharya Tarun
Sagar Maharaj
The world s shortest woman Jyoti Amge
unveiled this 51-feet high book.
I am HIV positive, so what? Jayanta Kalita On the career of Manipur bodybuilder, K
Pradipkumar Singh, known for his personal
struggle against HIV AIDS
I Do What I Do: On Reform, Rhetoric & Resolve Former RBI
Governor
Raghuram Rajan
Published by HarperCollins India.
How India Sees the World: Kautilya to the 21st
Century
Shyam Saran He is Former Foreign Secretary
100 things every professional cricketer must
know
The Board of Control for Cricket in India (BCCI)
issued players handbook that covers several
issues from money managing to managing
emotions. The book is also in line with Lodha
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recommendations.
Hit Refresh Satya Nadella He is India-born Microsoft CEO
Unstoppable: My Life So Far Maria Sharapova She is Russian tennis player
A to Z of Financial Management in
Autonomous Institutions
Dr. Rajat
Bhargava and
Deenanath
Pathak
The book is book on financial management.
A journey towards self-reliance First ever coffee table book on Department of
Defence Production (DDP)
e-book titled India 2017 Yearbook Rajiv Mehrishi Mehrishi is Comptroller and Auditor General of
India (CAG) and former Union home secretary
Dreamnation: Uniting a Country with
Handwritten Dreams
Saji Mathew and
Jubie John
Book contains inspiring words of Dr A.P.J. Abdul
Kalam
Hema Malini: Beyond the Dream Girl Ram Kamal
Mukherjee
It is Biography of Hema Malini. It also contains a
short foreword written by Prime Minister
Narendra Modi.
Obituaries
Name Profession Other Info Naresh Chandra Former Indian Ambassador to U.S.
Mangesh Tendulkar Renowned cartoonist
KS Chugh Doctor He is known as the father of nephrology in
India. He was a recipient of several national and
international awards, including the Padma Shri,
the fourth-highest civilian award, in 2000.
P.P. Antony Former national women s hockey
coach
Shirish Pai Poet Marathi poet and activist
Arun Sadhu Journalist journalist and Renowned Marathi writer
Shakila Actress Bollywood actress
Tom Alter Actor Padma Shri awardee and veteran film,
television and theatre actor, director and writer
R N Sudarshan Actor South Indian
Dwijen Bandyopadhyay Actor Bengali
Abdul Majid Actor An icon of the Assamese film industry, an
eminent actor, Director and writer
P P Rao Senior Advocate He was a constitutional law expert
Gauri Lankesh Journalist
Sultan Ahmed Politician Former Union minister and sitting Trinamool
Congress MP
Jomde Kena Politician Arunachal Pradesh Health and Family Welfare
Minister
Syed Mustafiz Politician Former Odisha health minister
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M L Fotedar Politician He was a veteran Congress leader who was a
close confidante of former Prime Ministers
Indira Gandhi and Rajiv Gandh
Kiyanilie Peseyie Politician Former Speaker of the Nagaland Assembly and
sitting MLA
Alwar Mahant Chandnath Politician He was Bharatiya Janata Party (BJP) MP from
Rajasthan s Alwar
K.R Aravindakshan Politician He was Communist Party Marxist State General
Secretary
Prabhakarpant Ojharkar Politician
Purushottam Lal Politician Former Minister for Information and
Broadcasting
Santosh Mohan Dev Politician Former Heavy Industries Union Minister
Sanwar Lal Jat Politician Former Minister of State for Water Resources
in the Narendra Modi government
Gyan Singh Sohanpal Politician Former West Bengal Minister, freedom fighter
and ten-time legislator.
Fondly called Chacha (uncle)
Rishang Keishing Politician Former Manipur chief minister and Rajya Sabha
MP
PVRK Prasad Bureaucrat Senior Retired IAS Officer and Additional
Secretary to former PM Narasimha Rao
Shivajirao Patil Politician Congress leader, freedom fighter and former
Maharashtra Minister
Nar Bahadur Bhandari Politician Former Chief Minister of Sikkim
N. Dharam Singh Politician Former Chief Minister of Karnataka
Bidisha Bezbaruah Singer and Actor Assamese actor and singer
Inder Kumar Actor
K.E. Mammen Gandhian and freedom fighter
Gandhian and freedom fighter Freedom fighter and social worker
Pushpa Mitra Bhargava Scientist
Yash Pal Scientist
Udupi Ramachandra Rao Scientist
UR Rao had launched India s first satellite Aryabhatta in 1975. He was the first Indian to be inducted in the Satellite
Hall of Fame – Washington in 2013 and in International Astronautics Federation (IAF) in 2016.
Virendra Sanghi Journalist
Jagdish Mohan Hindustani vocalist
Kunwar Narain Hindi poet
Ashok Khal Veteran cyclist
Amritsar Govindsingh Milkha
Singh
Cricketer
Manu Sharma Hindi Author
Vettoor Purushan Malayalam actor
L.N. Shastry Singer-musician Kannada
Ustad Hussain Sayeeduddin Dhrupad maestro
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Dagar
Shanta Serbjeet Singh Dance critic Also Sangeet Natak Akademi member
Ramananda Sengupta Cinematographer India's oldest cinematographer
Sitaram Panchal Actor
Shanmugasundaram Actor Tamil
Shobha Sen (also known as
Sova Sen)
Actress Bengali theatre and film actress
K S Achyutan Former Director of Doordarshan
Dr MV Sridhar Ex-BCCI general manager
Bismoy Kumar Mohanty Journalist
RM Bhagawati Journalist veteran Guwahati-based journalist and editor
of Dainik Asam, oldest Assamese daily
newspaper
HM Marathe Marathi writer and journalist
Punathil Kunjabdulla Writer Hugely popular writer and novelist
Punyaslok Dasgupta Poet
Shamsher Khan Swimmer He was the first swimmer to represent India in
Olympics
Girija Devi Singer Thumri exponent and veteran classical singer
Kundan Shah Director
Lekh Tandon Filmmaker
I.V. Sasi Director Acclaimed Malayalam film director
Ram Mukherjee Director and screenwriter Indian film director and screenwriter in Hindi
and Bengali cinema and father of Bollywood
star Rani Mukerji.
Satish Chandra Historian Veteran historian of medieval India and noted
educational administrator
Vijay Nambisan Poet and Writer
Ahmed Khan Football Player Double Olympian and one of the biggest and
brightest stars in Indian football history
Tobe Hoope Director American
Paul Saheb known as S Paul Photography
Kirti Nidhi Bista Former Prime Minister of Nepal
Dina Wadia She was Mohammad Ali Jinnah s Daughter
Mansur bin Muqrin Saudi Prince
Fats Domino (Antoine
Dominique Domino Jr.)
Pianist American. Legendary rhythm and blues pianist
and singer-songwriter and rock and roll pioneer
William J. Lombardy, Chess Player American
Choirul Huda Footballer Veteran Indonesian goalkeeper
Ralphie May Comedian American
Roy Dotrice Actor British
Harry Dean Stanton Actor American
Frank Vincent Actor American
Richard Anderson Actor American
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Walter Becker Guitarist He was America s legendary guitarist, bassist
and co-writer for the sophisticated, dark-
humored band Steely Dan
Charles Bradley Singer American
Richard Wilbur Poet American
John Ashbery Poet American
Jerry Lewis Actor and comic legend American
Dick Gregory Stand-up comedian, actor and civil
rights activist
American
Tom Pritchard Cricketer Zealand s oldest cricketer
Ted Corbett Sports Journalist Born in England
Dr Ruth Pfau Doctor A German Doctor
Popularly known as Pakistan s Mother Teresa
Nobel Prize Winners
Award Winner For What
2017 Nobel Prize in
Physiology or Medicine
Americans Jeffrey C. Hall,
Michael Rosbash and Michael
W. Young
for their discoveries of molecular mechanisms
controlling the circadian rhythm .
2017 Nobel physics prize Americans Rainer Weiss, Barry
C. Barish and Kip S. Thorne
for decisive contributions to the LIGO detector and
the observation of gravitational waves .
2016 Nobel Prize in
Chemistry
Swiss Jacques Dubochet,
German Joachim Frank and
British Richard Henderson
for developing cryo-electron microscopy for the high-
resolution structure determination of biomolecules in
solution .
2017 Nobel Peace Prize International Campaign to
Abolish Nuclear Weapons
(ICAN) headquartered in
Geneva, Switzerland
for its work to draw attention to the catastrophic
humanitarian consequences of any use of nuclear
weapons and for its ground-breaking efforts to
achieve a treaty-based prohibition of such weapons .
2017 The Sveriges Riksbank
Prize in Economic Sciences
in Memory of Alfred Nobel
American Richard H. Thaler for his contributions to behavioural economics .
2017 Nobel Prize in
Literature
British novelist Kazuo Ishiguro who, in novels of great emotional force, has
uncovered the abyss beneath our illusory sense of
connection with the world .
Miscellaneous
FM launches new pension scheme PMVVY for senior citizens
The Union Minister for Finance, Defence and Corporate Affairs has formally launched the Pradhan Mantri Vaya Vandana
Yojana (PMVVY) for elderly with 8 per cent fixed rate of interest on their savings in New Delhi.
PMVVY is a Pension Scheme announced by the Government of India exclusively for the senior citizens available from 4th
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May, 2017 to 3rd May, 2018. It can be purchased offline as well as online through Life Insurance Corporation (LIC) of India
which has been given the sole privilege to operate this scheme
Scheme provides an assured return of 8% p.a. payable monthly (equivalent to 8.30% p.a. effective) for 10 years.
Pension is payable at the end of each period, during the policy term of 10 years, as per the frequency of monthly/
quarterly/ half-yearly/ yearly as chosen by the pensioner at the time of purchase.
The scheme is exempted from Service Tax/ GST.
Supreme Court Declares Right to Privacy as Fundamental Right
The Supreme Court of India pronounced that individual privacy is a fundamental right protected by the Constitution. A
nine-judge Constitution Bench of the Supreme Court, led by Chief Justice of India J.S. Khehar ruled that the right to
privacy is intrinsic to life and liberty, thus coming under Article 21, and comes under the various fundamental freedoms in
PART III of the Indian Constitution.
All the nine judges arrive at the same conclusion, though through different but concurring judgments, that right to
privacy is intrinsic to right to life and liberty. With this now India has total seven fundamental rights.
Right to equality, Right to freedom, Right against exploitation, Right to freedom of religion, Cultural and
Educational rights, and Right to constitutional remedies are the 6 fundamental rights of India.
Modi, Abe kick off India s first bullet train
Prime Minister Narendra Modi and his Japanese counterpart Shinzo Abe laid the foundation stone for the proposed
Ahmedabad-Mumbai High-Speed Rail Network, commonly known as the bullet train, in Ahmedabad, Gujarat.
Around Rs 1.10 lakh crore will be spent on the Mumbai to Ahmedabad High Speed Rail (MAHSR) Project that is
being partially funded by Japan. Out of the Rs 1,10,000 crore, Japan is giving a loan of Rs 88,000 crore.
The interest on this loan is minimal at 0.1 per cent and it is to be repaid in 50 years, with a grace period of 15 years.
On the Ahmedabad-Mumbai route, total 12 stations have been proposed.
It is expected to reduce travel time between the two cities from seven to three hours.
With this, India has become the first to import the iconic Shinkansen bullet-train technology after Taiwan.
56 years in the making: PM Modi inaugurates the Sardar Sarovar Dam, dedicates to nation
Prime Minister Narendra Modi, who celebrated his 67th birthday today (17th September), inaugurated and dedicated to
the nation the India s biggest and the world s second-biggest dam Sardar Sarovar Dam, in Kevadia, Gujarat, nearly six
decades after its foundation stone was laid.
Electricity from the dam will majorly benefit Maharashtra, Madhya Pradesh, and Gujarat.
The foundation stone of the dam was laid on April 5, 1961 by the country s first prime minister Jawaharlal Lal
Nehru. However, it took 56 years to complete its construction.
The inaugural event also sees the culmination of the fortnight-long Narmada Mahotsav – launched by the Gujarat
government to celebrate the completion of the work.
The Bharatiya Janata Party is observing Sewa Diwas to mark the occasion.
World s biggest dam is Grand Coulee Dam in the United States.
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National Sports Awards 2017 Conferred
President of India Shri Ram Nath Kovind conferred National Sports & Adventure Awards 2017 in a ceremony held at
Rashtrapati Bhawan. Here is the list of awardees:
Rajiv Gandhi Khel Ratna 2017: Devendra Jhajaria (para-athlete), Sardar Singh (hockey)
Dronacharya Awards 2017: Late Dr. R Gandhi (athletics), Heera Nand Kataria (kabaddi), GSSV Prasad (badminton),
Brij Bhushan Mohanty (boxing – Lifetime), PA Raphel (hockey – Lifetime), Sanjoy Chakraverthy (shooting –
Lifetime), Roshan Lal (wrestling – Lifetime)
Arjuna Awards 2017: Jyothi Surekha Vennam (archery), Khushbir Kaur (athletics), Rajiv Arokia (athletics),
Prashanthi Singh (basketball), Laishram Devendro Singh (boxing), Cheteshwar Pujara (cricket), Harmanpreet Kaur
(cricket), Oinam Bembem Devi (football), SSP Chawrasia (golf), SV Sunil (hockey), Jasvir Singh (kabaddi), Prakash
Nanjappa (shooting), Anthony Amalraj (table tennis), Saketh Myneni (tennis), Satyawart Kadian (wrestling),
Mariyappan (para-athlete), Varun Singh Bhati (para-athlete)
Dhyan Chand Award 2017: Bhupender Singh (Athletics), Syed Shahid Hakim (Football), Sumarai Tete (Hockey)
Important Days
November 2017
Date Day Theme
1 November World Vegan Day
2 November International Day to End Impunity
for Crimes against Journalists
5 November World Tsunami Awareness Day
7 November National Cancer Awareness Day
8 November International Day Of Radiology or
World Radiography Day
Emergency Radiology
10 November World Science Day for Peace and
Development
Science for Global Understanding
11 November National Education Day
12 November World Pneumonia Day
13 November World Kindness Day
14 November Children s Day
14 November World Diabetes Day Women and diabetes – our right to
a healthy future
16 November International Day for Tolerance,
National Press Day
16 November 2017 World Philosophy Day Commemorated on 3rd Thursday of
November
19 November World Toilet Day Wastewater
19 November 2017 World Day of Remembrance for
Road Traffic Victims
Commemorated on 3rd Sunday of
November.
Theme: 2020 Target: reduce road
fatalities AND serious injuries by
50%
20 November Universal Children s Day
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21 November World Television Day
25 November International Day for the Elimination
of Violence Against Women
26 November Constitution Day/ Samvidhan Divas
December 2017
Date Day
1 December World AIDS Day
2 December International Day for the Abolition
of Slavery
3 December International Day of Persons with
Disabilities
4 December Navy Day
5 December World Soil Day
7 December International Civil Aviation Day
9 December International Anti-Corruption Day
10 December Human Rights Day
11 December International Mountain Day
12 December Universal Health Coverage Day
16 December Vijay Diwas
18 December International Migrants Day
20 December International Human Solidarity Day
22 December National Mathematics Day
23 December Kisan Diwas/Farmers Day
24 December National Consumer Day
25 December Good Governance Day
Union Budget Highlights
Agenda of Union Budget 2017-18 : TEC India (Transform, Energize, Clean)
Three Changes in Union Budget 2017-18:
(i) Date- Presented on 1 February instead of last working day of February
(ii) Merger of General Budget and Railway Budget
(iii) Removal of Planned & Non-Planned Expenditure
Funds Allocated
The total Budget expenditure allocated for 2017-18 is Rs. 21.47 lakh crores.
Target of agriculture credit fixed at Rs 10 lakh cr in 2017-18
Income tax rate reduced from 10% to 5% for tax slab of Rs 250,000 to Rs 500,000.
Total allocation for rural, agriculture and allied sectors- Rs 1,87,223 crore
Allocation under MNREGA- Rs.48,000 crore
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Skill Acquisition and Knowledge Awareness for Livelihood Promotion programme (SANKALP) will be launched in 2017-
18 with an outlay of Rs. 4,000 crore to provide market relevant training to 3.5 crore youth.
Mahila Shakti Kendra to be set up at village level with an allocation of Rs. 500 crores
Under Maternity Benefit Scheme Rs. 6,000 will be transferred directly to the bank accounts of pregnant women
NABARD fund will be increased to Rs. 40,000 crore.
A sum of Rs. 10 lakh crore is allocated as credit to farmers, with 60 days interest waiver.
Irrigation corpus increased from Rs 20,000 crore to Rs 40,000 crore.
Govt to set up dairy processing fund of Rs 8,000 crore over three years with initial corpus of Rs 2,000 crore
Dedicated micro-irrigation fund to be created with a corpus of Rs 5000 crore
The allocation for rural agri and allied sector in 2017-18 is record Rs 1,81,223 crore.
More funds beyond Rs 10,000 cr for recapitalisation of banks will be provided if needed
Govt doubles distribution target under Mudra Yojana to Rs 2.44 lakh crore for 2017-18
National Housing Bank will refinance indiviual loans worth Rs 20,000 crore in 2017-18
To construct one crore houses by 2019 for homeless, PM Awas Yojana allocation raised from Rs 15,000 cr to Rs 23,000
cr.
27,000 cr on to be spend on PM Gram Sadak Yojana (PMGSY); 1 cr houses to be completed by 2017-18 for houseless.
Rs 500 cr allocated to set up Mahila Shakti Kendras; Allocation raised from Rs 1.56 lakh cr to Rs 1.84 lakh cr for women
& child welfare.
For transport sector, including railways, road and shipping, government provides Rs 2.41 lakh crore
Allocation of Rs 10,000 cr for Bharat Net project for providing high-speed broadband in FY18
Allocation for national highways stepped up to Rs 64,000 cr from Rs 57,676 cr
Sports Ministry got a total of Rs 1943 crore in contrast to Rs 1592 crore earmarked last year, thus increasing the
budget for sport by 40%.
Rs 1,840.77 crore allocated to tourism ministry.
Allocation under MNREGA increased to 48,000 crore from Rs 38,500 crore. This is highest ever allocation.
Infrastructure and Railway
A total allocation of Rs. 39,61,354 crore has been made for infrastructure.
Total allocation for Railways is Rs. 1,31,000 crore.
No service charge on tickets booked through IRCTC.
Raksha coach with a corpus of Rs. 1 lakh crore for five years (railway safety fund for passenger safety).
Unmanned level crossings will be eliminated by 2020.
3,500 km of railway lines to be commissioned this year up from 2,800 km last year.
SMS-based clean my coach service is put in place.
No service charge will be levied on tickets booked through the IRCTC website from April 1.
Coach mitra facility will be introduced to register all coach related complaints.
By 2019 all trains will have bio-toilets.
Rs. 64,000 crore allocated for highways.
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Important Government Schemes
Public Provident Fund(PPF) Scheme [Interest Rate-
7.8%] Introduction : It is a long term investment scheme backed
by Government of India and returns in this scheme are fully
exempted from Tax. Introduced in the year 1968.
Who can open the account : Resident Indian Individuals and
individuals on behalf of minors.
Interest Rate : 7.8% (compounded yearly)
Minimum Amount for opening : Rs. 100/-
Minimum Deposit :Rs. 500/- in a financial year
Maximum Deposit : Rs. 1,50,000/- in a financial year
Maturity : 15 years (can be extended in blocks of 5 years)
Premature closure : Not Allowed before 15 years
Important points
A PPF subscriber can take loan against the PPF
account between the 3rd and 6th financial year of
opening of account.
Partial withdrawal is permissible after 7th financial
year from the year of opening of account.
Interest is tax-free
Senior Citizen Savings Scheme (SCSS) [Interest Rate-
8.3%]
Introduction : It is a saving scheme for senior citizen.
Introduced in the year 2004. It is only a one time deposit
saving scheme(in multiples of Rs 1000)
Who can open the account : (i)An individual of the Age of
60 years or more
(ii) An individual of the age of 55 years or more but less than
60 years who has retired on superannuation or under VRS
can also open account subject to the condition that the
account is opened within one month of receipt of
retirement benefits and amount should not exceed the
amount of retirement benefits.
Interest Rate : 8.3%(compounded quarterly)
Minimum Deposit : Rs. 1000
Maximum Deposit : Rs 15 lakh
Maturity : 5 years (can be extended by 3 years after
maturity)
Important points
Interest is taxable
Premature closure of account is allowed after 1 year
of opening the account but with penalty.
A person can open any number of accounts in any
post office subject to maximum investment limit by
adding balance in all accounts.
Kisan Vikas Patra (KVP) [Interest Rate-7.5%]
Introduction : KVP scheme is a saving scheme in which a
person can buy KVP certificates(available in denominations
of Rs 1,000, 5000, 10,000 and Rs 50,000) and the amount
doubles after maturity period.
It was introduced in 1988, then discontinued in 2011 and
then again introduced in 2014 with some minor changes.
The amount deposited in this scheme is used for welfare of
farmers.
Who can open the account : Resident Indian Individuals and
individuals on behalf of minors.
Interest Rate : 7.5%(annually)
Minimum Deposit : Rs. 1000/-
Maximum Deposit : No limit
Maturity : 115 months(amount becomes double)
Important points
No income tax benefit is available under the
scheme.
Certificate can be encashed after 2 & 1/2 years from
the date of issue.(Premature withdrawal)
Sukanya Samriddhi Accounts [Interest Rate-8.3%] Introduction : It is a saving scheme for girl child introduced
by government of India in 2015.
Who can open the account : (i)A legal Guardian/Natural
Guardian can open account in the name of Girl Child from
the birth of the girl child till she attains the age of 10 years
(ii) In a family a maximum of 2 girl child can have this
account.
Interest Rate : 8.3%(annually)
Minimum Deposit : Rs. 1000/- in a financial year
Maximum Deposit : Rs. 1,50,000/- in a financial year
Maturity : (i)After the girl attains the age of 21 years
(ii) After the girl attains 18 years provided she is married.
Important points
Deposits in an account can be made till completion
of 14 years, from the date of opening of the
account.
Investment in Sukanya Samriddhi Yojana scheme is
exempted from Income Tax under section 80C.
Partial withdrawal facility available after attaining
18 years of age.
There is no limit on the number of deposits made in
a financial year. Deposits should be in multiple of Rs
100/- .
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National Savings Certificates (NSC) Scheme [Interest
Rate-7.8%] Introduction : It is a saving scheme introduced by
government of India in 1950s and subscriber can buy these
certificates from Post Office
Who can open the account : Any Indian Resident
Interest Rate : 7.8%(compounded half yearly but paid at
maturity)
Minimum Deposit : Rs. 100/-
Maximum Deposit : No Limit
Maturity : 5 years
Important points
Available in denomination of Rs 100, Rs 500, Rs
1,000, Rs 5,000 and Rs 10,000.
Tax deduction under Section 80C, up to INR 1 Lakh a
year
Atal Pension Yojana(APY)
APY is a guaranteed pension Scheme of GOI and is
administered by PFRDA.
Pension between Rs 1,000 and Rs 5,000 a month
Joining age between 19 and 40 years
Pradhan Mantri Surakhsa Beema Yojana (PMSBY)
PMSBY is a Accidental Insurance Scheme offereing
accidental death and disability covers for death or
disability on account of an accident. It is
administered by Public Sector General Insurance
companies
Scope of Coverage: All saving bank account holders
between the age 18-70 years
Benefits: Death- Rs 2 lakh
Total and irrecoverable loss of both organ-
Rs 2 lakh
Total and irrecoverable loss of one organ-
Rs 1 lakh
Premium: Rs 12 per annum
Maturity/Termination: On attaning age 70 years
Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY)
PMJJBY is an insurance scheme offereing life
insurance for death due to any reason.
Administered by LIC.
Scope of Coverage: All savings bank account
holders in the age of 18-50 years
Benefits: Rs 2 lakh
Premium: Rs 330 per annum
Maturity/Termination: On attaining age 55 years
Pradhan Mantri Jan Dhan Yojana (PMJDY)
PMJDY is a financial inclusion mission to ensure
banking service to everyone ina affordable manner.
In this Basic Savings Bank Deposit Account (BSBDA)
can be opened in which there is no requirement of
minimum balance.
Any individual above the age of 10 years can open
BSBDA account.
Accidental insurance cover of Rs 1 lakh
Life Insurance cover of Rs 30,000
Overdraft facility of Rs 5,000
Standup India – Loan from Rs 10 lakh to Rs 100 lakh for 7
years
Pradhan Mantri Fasal Bima Yojana- Premium
Kharif Crops – 2%
Rabi Crops- 1.5%
Horticulture Crops – 5%
Pradhan Mantri Mudra Yojana
Micro Units Development & Refinance Agency Ltd.
(MUDRA) is a new institution set up by Government of India
to provide funding to the non-corporate, non-farm sector
income generating activities of micro and small enterprises
hose redit eeds are elo ₹ Lakh. Under the aegis of Pradhan Mantri MUDRA Yojana (PMMY),
MUDRA has created three products i.e. 'Shishu', 'Kishore'
and Tarun as per the stage of growth and funding needs of
the beneficiary micro unit. These schemes cover loan
amounts as below:
Shishu: o eri g loa s up to ₹ ,
Kishore: covering loa s a o e ₹ , a d up to ₹ , ,
Tarun: o eri g loa s a o e ₹ , , a d up to ₹ , ,
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Demonetisation in India
Till now demonetisation of bank notes has been taken 3 times in India of which 2 came after Independance.
S.No Date and Year Notes Demonitised Then Prime Minister Then RBI Governor
First time 12 January 1946 Rs 500, Rs 1,000 and
Rs 10,000
- (India was ruled by
Britain)
C. D. Deshmukh
Second Time 16 January 1978 Rs 1,000, Rs 5,000 and
Rs 10,000
Morarji Desai I. G. Patel
Third Time 9 November 2017 Rs 500 and Rs 1,000 Narendra Modi Urjit Patel
RBI can withdraw the legal tender character of bank notes as per Section 26(2) of RBI Act, 1934
Specified Bank Notes (Cessation of Liabilities) Act 2017
For non- resident Indians (Indian passport holders), the grace period to deposit SBN is till June 30, 2017. Maximum
Rs 25,000. This facility will not be available for Indian citizens resident in Nepal, Bhutan, Pakistan and Bangladesh.
The grace period for resident Indians expired on March 31, 2017.
After the expiry of grace period, holding of not more than 10 notes in total, irrespective of denomination or not
more than 25 notes for the purpose of study/ research/ numismatics is permitted. It may result into fine which may
extend upto 10,000 INR or five times the face value of the SBNs involved in the contravention, whichever is higher.
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