Daily Current Affairs: GK Today- 1 November 2017

India, Kazakhstan armies’ joint exercise from Nov 2 in HP

Troops of Indian and Kazakhstan armies will engage in a 14-day joint exercise from November 2 in Himachal Pradesh to strengthen bilateral relations and exchange skills and experiences.

This is second joint military exercise between the two countries. The first edition of ‘Prabal Dostyk’ was held in Kazakhstan in 2016. Indo-Kazakhstan joint army exercise ‘Prabal Dostyk 2017’ will be conducted between November 2 to 15 this year. Approximately 20 troops from both the countries will participate in the exercise.

The aim of the exercise is to build and promote bilateral army-to-army relations and exchange skills and experiences between Kazakhstan Army and the Indian Army.

He said the exercise is also aimed at strengthening the ties between the two nations and will serve as a platform for exchanging drills for seamless interoperability.

The Indian troops participating in the joint exercise have undergone extensive training in counter terrorism and Low Intensity Conflict Operations at Counter Insurgency & Jungle Warfare School, Vairengte. The vast experience and expertise of Indian troops in counter insurgency operations holds special importance to the Kazakhstan Army.

 

SBI sanctions Rs 2,317 crore for financing solar power projects

State Bank of India announced sanction of credit facilities amounting to Rs 2,317 crore to corporates for financing Grid Connected Rooftop Solar projects under an SBI-World Bank programme. This funding will create solar power capacity aggregating 575 MW.

India’s largest bank sanctioned loans to JSW Energy, Hinduja Renewables, Tata Renewable Energy, Adani Group, Azure Power, Cleantech Solar and Hero Solar Energy.

SBI Chairman Rajnish Kumar said players in the renewable energy space can avail loans for establishing grid connected rooftop solar projects. The bank currently has a renewable energy loans portfolio of Rs 12,000 crore with nearly nil non-performing assets (NPAs).

 

ERO-Net launched in Rajasthan

Rajasthans Chief Electoral Officer Ashwini Bhagat launched the Election Commissions web- based project, ERO-Net, using which voters can register their names on electoral rolls.

Till date, the Electoral Roll Management System (ERMS) software was being used to make voter lists but it could not identify multiple entries of a voter.

It was being replaced with ERO-Net which was a transparent mechanism to identify whether the voter was listed anywhere in the country. Using ERO-Net, people can register their names on electoral rolls, rectify the details of their voter identity card, and transfer their names to another constituency online.

Voters can see their registration details on the official website of the state chief electoral officer or through an SMS.

 

Bhutan King arrives in New Delhi for four-day visit

King of Bhutan, Jigme Khesar Namgyel Wangchuck, arrived in New Delhi on a four-day visit to India. He is accompanied by his wife, Queen Gyaltsuen Jetsun Pema Wangchuck. During the visit, the King will meet with President Ram Nath Kovind and Prime Minister Narendra Modi, who will host a dinner in honour of the guests.

Vice President M. Venkaiah Naidu, External Affairs Minister Sushma Swaraj and other Ministers and senior officials will also call on the King. India and Bhutan enjoy unique ties of friendship, which are characterised by deep understanding and mutual trust. The visit is keeping in with the long standing tradition of regular high-level exchanges between the two countries. The visit would provide an opportunity to both sides for reviewing the entire gamut of bilateral co-operation.

 

Indian Navy to get 111 utility helicopters worth Rs 21,738 crore

The defence Ministry approved procurement of 111 utility helicopters for the Indian Navy at a cost of 21,738 crore rupees under strategic partnership model. The proposal was cleared at a meeting of the Defence Acquisition Council (DAC), chaired by Defence Minister Nirmala Sitharaman in New Delhi. 16 helicopters will be procured at a fly away condition while 95 will be manufactured under make in India programme.

The government will now start the process to identify a foreign helicopter maker and an Indian defence firm for a joint venture for the project. In May, the government had unveiled the strategic partnership model under which select private firms were to be roped in to build military platforms such as submarines and fighter jets in India. The procurement of the helicopters will be the first major acquisition project under the new model.