GK Update & Current Affairs: 8th October 2018
1. Air Force Day Observes Today: 8 October
- The Indian Air Force is celebrating its 86th Anniversary on 08 Oct 2018. To mark the occasion and in keeping up with the tradition, IAF has planned a grand Parade cum Investiture Ceremony at Air Force Station Hindan (Ghaziabad).
- Air Chief Marshal BS Dhanoa, Chief of the Air Staff reviewed the parade. The air display commenced with flag bearing skydivers of famous Akash Ganga Team, who jumped from an An-32 aircraft.
2. JIMEX 18: 3rd Edition of Japan-India Maritime Exercise Begins in Visakhapatnam
- The 3rd edition of Japan-India Maritime Exercise (JIMEX) commenced at Visakhapatnam, Andhra Pradesh. JIMEX-18 is aimed to enhance interoperability, improve understanding and imbibe best practices between navies of two countries.
- JIMEX 18 will be spread over eight days from 7 to 15 October 2018 and will comprise Harbour Phase and Sea Phase of four days each.
3. CII and UN Environment sign MoU
- The Confederation of Indian Industry (CII) signed an MoU with the UN Environment for coherent implementation of the environmental dimension of sustainable development.
- It aims to provide a framework of cooperation and facilitate cooperation in areas including environment, climate change, renewable energy, energy efficiency, resource conservation and management, water sanitation, smart cities and urban infrastructure.
4. Karnataka Unveils ‘Unnati Scheme’ to Help Entrepreneurs From SC/ST Communities
- The Karnataka Government has unveiled ‘Unnati Scheme’ to help entrepreneurs from SC/ST Communities.
- Karnataka Social Welfare Minister Priyank Kharge announced that the state government, under the Unnati scheme, will invest up to Rs 20 crore to create end-to-end support infrastructure for startups and entrepreneurs from a marginalised background.
5. Indian Railways signed Agreements with Government of Russian Federation
- A Memorandum of Cooperation was signed between the Ministry of Railways of the Republic of India and the Joint Stock Company ‘Russian Railways’ on the sidelines of India-Russia Summit. The MoC intends to carry forward the activities taken up under the MoU signed between the two countries on 24th December 2015.
- A MoU was signed between Ministry of Railways and Ministry of Transport of Russian Federation for development of cooperation in transport education.
- The MoU aims at providing organizational and methodological support to higher educational institutions implementing joint projects in the field of transport education of both countries.
6. Odisha Government Launches ‘Nirman Kusuma’ Scheme
- Odisha Chief Minister Naveen Patnaik launched ‘Nirman Kusuma’ programme for providing financial assistance to the children of the construction workers for their technical education in the state.
- The children of construction workers would get financial assistance for their education in Industrial Training Institutes (ITIs) and polytechnics. While an ITI student will be entitled to get financial assistance of Rs. 23,600, a diploma student to get Rs. 26,300 per annum. A total of 1,878 students will get benefit from the programme.
7. Nobel Prize 2018: Nobel Prize in Economic Sciences Goes To William D. Nordhaus and Paul M. Romer
- The Royal Swedish Academy of Sciences has decided to award the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2018 to William D. Nordhaus “for integrating climate change into long-run macroeconomic analysis” and Paul M. Romer “for integrating technological innovations into long-run macroeconomic analysis.”
8. Government Sanctions 5 New Battalions of Rapid Action Force
- Union Ministry of Home Affairs (MHA) has sanctioned five new battalions of anti-riot and crowd control Rapid Action Force (RAF). These new battalions will be stationed at Varanasi (Uttar Pradesg), Hajipur (Bihar), Jaipur (Rajasthan), Mangalore (Karnataka) and Nuh (Haryana).
- With these, the total number of RAF battalions in the country has gone up to 15. Varanasi will be fourth base of RAF in Uttar Pradesh- the three others being in Meerut, Allahabad and Aligarh.
- RAF is a specially trained and equipped wing of Central Reserve Police Force, the country’s largest paramilitary force or Central Armed Police Force (CAPF) with over 3 lakh personnel.
9. Crop Damages in Wild Animal Attacks put under Pradhan Mantri Fasal Bima Yojna on Pilot Basis
- Union Government has decided to cover damages to crops in wild animal attacks under Pradhan Mantri Fasal Bima Yojna in select districts on an experimental basis.
- In this regard, Government has amended provisions of crop insurance scheme in consultation with various stakeholders after review of its working for the last two years. The amended provisions of the scheme have been implemented from October 2018.
- Pradhan Mantri Fasal Bima Yojana (PMFBY) is farmers’ welfare scheme launched in 2016 to ensure faster insurance services or reliefs to farmers. It aims to reduce the premium burden on farmers and ensure early settlement of crop assurance claim for the full insured sum.
10. ESIC Wins ‘ISSA GOOD Practice Award, Asia & The Pacific 2018’
- The Employees’ State Insurance Corporation (ESIC) has won the ‘ISSA Good Practice Award’ for Administrative Solution for Coverage Extension at the “Regional Social Security Forum for Asia and the Pacific” held at Kuala Lumpur, Malaysia.
- The award recognizes the measures taken by ESIC for extension of coverage-SPREE (Scheme for Promoting Registration of Employers and Employees), reduced rate of contribution rates for 24 months in newly implemented areas and raising the wage limit for coverage under the ESI Act, etc.
11. Richie Benaud Named Sport Australia Hall of Fame Legend
- Sport Australia Hall of Fame has announced cricketing great Richie Benaud, who died in April, 2015, will become the 40th Legend of Australian Sport.
- He is only the third cricketer behind Sir Donald Bradman and Keith Miller to be given Legend status. Benaud is generally rated second to Bradman in terms of influential figures in the Australian game.