Daily Current Affairs for UPSC IAS Preparation: 5 November 2017

First Heli Expo India & International Civil Helicopter Conclave Inaugurated

The 1st Heli Expo India and International Civil Helicopter Conclave-2017 is inaugurated in New Delhi by the Uttrakhand Tourism Minister Shri Satpal Maharaja ji in the presence of the Secretary, Civil Aviation Shri R.N. Choubey, CMD Pawan Hans, Dr. B. P. Sharma and other dignitaries. The first issue of Pawan Hans Magazine Aviation Today is also unveiled by the chief guests on this occasion.

Speaking on the occasion, the Uttarakhand Tourism Minister said that the helicopter taxi services have a huge potential for enforcing law and order, air ambulance services, to check forest fire and can provide better connectivity to religious and tourist destinations located in rough terrain of hilly areas.

This two days 1st Heli Expo India & International Civil Helicopter Conclave-2017 is organised by Pawan Hans Limited, a Mini Ratna company of Ministry of Civil Aviation in association with PHD Chamber of Commerce and Industry with the theme of ‘Enhancing Connectivity’ at the Pawan Hans Heliport, Rohini, New Delhi. Experts from Industry and Defence Forces and representatives from ICAO and SAARC countries attended the conclave.


Col Rajyavardhan Rathore to attend World Youth Forum at Sharam El Shiekh, Egypt

The Minister of State (Independent Charge) Youth Affairs and Sports Col. Rajyavardhan Rathore has left to attend World Youth Forum, scheduled to be held at Sharam El Shiekh, Egypt. Col Rathore has been deputed on behalf of the Prime Minister Shri Narendra Modi to represent the country at the Forum.

The five-day forum will be inaugurated by the President of Egypt Mr Abdelfateh El Sisi. The Summit segment is expected to be attended by the Heads of State/Government, Ministers of youth from 14 countries and Representatives of UN, Arab League and African Union. The Forum aims to provide a platform to the youth from all over the globe to engage with the key global policy makers.

The forum will cover role of youth in business and innovation, challenges and making of future leaders, gender equity and women empowerment among other things.


India to be high middle income economy by 2047: World Bank CEO

The World Bank has said that the Goods and Services Tax (GST) and reforms push by the government will catapult the country to high middle income economy in 30 years.  It credited India’s extraordinary achievement of quadrupling of per capita income to reforms taken in last three decades.

Comparing the achievement of securing 100th rank in the latest Doing Business Report to hitting century in cricket parlance, World Bank Chief Executive Officer (CEO) Kristalina Georgieva said a jump of that nature is very rare since the beginning of the survey 15 year ago.

Last week, India moved for the first time into the top 100 of World Bank’s Ease of Doing Business global rankings due to sustained business reforms over the past several years.

Praising the efforts of Prime Minister Narendra Modi to carry forward reforms, including unification of indirect taxes, the World Bank CEO said, the GST reform creates an incredible opportunity for India to grow through unified internal market.


Cauvery tribunal gets 6 months extension to submit report

The Centre has extended the term of Cauvery Water Disputes Tribunal by six months up to May 2, 2018.

The tribunal is looking into the long-standing dispute between Tamil Nadu and Karnataka on the sharing of Cauvery, an inter-State basin having its origin in Karnataka and flowing through Tamil Nadu and Puducherry before out falling in the Bay of Bengal.

The Cauvery Water Disputes Tribunal was constituted on June 2, 1990 to adjudicate the water dispute regarding inter-State river Cauvery and the river valley thereof among the States of Tamil Nadu, Karnataka, Kerala and Puducherry. The genesis of this conflict rests in two agreements in 1892 and 1924 between the erstwhile Madras Presidency and Kingdom of Mysore.

The Central government on the requests made by the tribunal from time to time extended the period of the submission of the said further report up to November 2, 2017. Now the tribunal has again sought an extension and hence the government has extended the period up to May 2, 2018.