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The Bulletin - 10.10.2018 & 11.10.2018

Exam oriented news from the best sources.

Vision of a USD 5 Trillion Indian Economy
  • The Working Group tasked to develop a roadmap towards achieving a 5 trillion dollar economy by 2025.
  • The Working Group was constituted by the Department of Industrial Policy and Promotion in the Ministry of Commerce and Industry with participation from government and industry. 
  • Target is to achieve 1 trillion dollar from agriculture and allied activities, 1 trillion from manufacturing and 3 trillionfrom services.
Special Central Government Package for Footwear and Leather Sector
  • The Central Government has approved a special package for employment generation in leather and footwear sector. 
  • The package involves implementation of Central Sector Scheme - Indian Footwear, Leather & Accessories Development Programme (IFLADP) with an approved expenditure of Rs. 2600 Crore for 2017-20.
  • In a major boost to the leather industry in Tamil Nadu under the IFLADP four projects with a total outlay of 107.33 crore have been approved by the Department of Industrial Policy and Promotion (DIPP).
NITI Aayog's AIM & IBM Student Internship Programme
  • NITI Aayog and IBM today announced a first-of-its-kind internship programme for students selected by Atal Innovation Mission (AIM).
  • The internship will see 38 students receive a two-week paid internship, and 14 teachers from Atal Tinkering Labs (ATL) across the length and breadth of the country including from states such as Assam, Himachal Pradesh, Andaman & Nicobar and others, to come together and ideate, collaborate and innovate.
  • Select teachers from ATLs will also be trained by IBM volunteers and mentors to become innovation coaches.
RBI board gets two new directors
  • The government has appointed Sachin Chaturvedi, who heads Delhi-based think tank Research and Information System for Developing Countries (RIS). He will replace Nachiket Mor.
  • Revathy Iyer, a former Indian Audit and Accounts Services officer, was also nominated to the RBI board.
MOUs between India and Other countries 
  • India and Lebanon for cooperation in the field of agriculture and allied sectors.
  • India and Romania in the field of tourism. 
  • India and Finland on Environmental Cooperation. 
  • India and Lebanon for cooperation in the field of agriculture and allied sectors.
Closure of Sick PSUs.
  • Cabinet approves closure of National Jute Manufactures Corporation Ltd. and its subsidiary Birds Jute & Exports Ltd.
  • The Cabinet Committee on Economic Affairs chaired by the Prime Minister Shri Narendra Modi has approved the proposal for closure of the Biecco Lawrie Limited (BLL).
Central University of Jammu signs MoU with ISRO to set up Space Applications Center
  • The Indian Space Research Organisation (ISRO) signed an MoU with the Central University of Jammu (CUJ) in Jammu today for setting up of the Satish Dhawan Center for Space Science in the University.
  • Another MoU was signed between CUJ and the Central Scientific Instruments Organization (CSIR-CSIO). To create awareness about space research and to motivate young minds to take up research related to space, astronomy, geology, atmospheric sciences and related fields.
32nd India - Indonesia coordinated patrol (CORPAT)
  • Indian Naval Ship Kulish, a Kora class missile corvette, commanded by Commander Deepak Bali and an Indian Dornier (naval maritime time patrol aircraft) from Andaman and Nicobar command entered Belawan harbour, Indonesia for the opening ceremony of the 32nd edition of India – Indonesia coordinated patrol (IND-INDO CORPAT), to be held from 11 – 27 Oct 2018.
Cyclone Titli makes landfall near Gopalpur in Odisha
  • The bordering district of Srikakulam in Andhra Pradesh was severely hit due to the cyclone.  Several parts of Odisha are experiencing heavy rain as the Cyclone intensifies. 
Youth Olympic Games
  • Pistol shooter Saurabh Chaudhary has bagged the Gold Medal in the 10-metre air pistol event in the ongoing Youth Olympic Games in Argentina.
International Day of the Girl - 11th October
  • International Day of the Girl is being observed today. This day aims to highlight and address the needs and challenges girls face while promoting girls' empowerment and the fulfilment of their human rights. 
  • The theme this year is With Her: A Skilled Girl Force. 

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