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274compendium November 2017 PDF
274compendium November 2017 PDF
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Compendium- November, 2017
National
In this regard, state government has evoked Section 36 A (1) and (2) of the Wildlife
Protection Act, 1972, to declare the conservation reserve.
The wildlife conservation reserve will come up on over 126 hectares in Meja forest division
known for its rocky, undulating and arid terrain.
It will also create awareness about biodiversity conservation and provide opportunities for
people’s participation.
It will also encourage eco-tourism and locals will get opportunities for employment.
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Compendium- November, 2017
India has largest number anaemic women in the World : Global Nutrition Report
According to Global Nutrition Report 2017, India has the largest number of anaemic women
in the world.
About 51% of aged between 15 and 49 years suffering
from iron deficiency.
India is followed by China, Pakistan, Nigeria and
Indonesia.
India also faces the double whammy of under nutrition on
one hand and obesity on the other.
About 38% of children under 5 are affected by stunting and 21% children in the same age
group are defined as 'wasted' or 'severely wasted' (where their weight is not enough for
their height), 16% of men and 22% of women (1 in 5) are overweight.
The Global Nutrition Report highlights that the double burden of under-nutrition and
obesity needs to be tackled as part of the national nutrition strategy.
About 88% of countries face a serious burden of either two or three forms of malnutrition
(childhood stunting, anaemia in women of reproductive age and/or overweight in adult
women), with 815 million going to bed hungry, up from 777 million in 2015.
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Compendium- November, 2017
Telangana state government declared “Urdu” language as it’s second official language
Telangana state government declared Urdu as state’s second
official language on 10 November 2017.
It was declared by Telangana Chief Minister K.
Chandrashekhar Rao.
He also asked all government offices starting from the Chief
Minister’s Office to District Collectorate, to receive all petitions
in Urdu as well.
After this announcement all competitive examinations in Telangana will also be conducted
in Urdu.
The Telangana government had earlier also passed a Bill to secure 12% reservation for the
Muslims, which will ultimately increase their reservation in jobs and educational
institutions.
The Bill is yet to be approved by the Centre.
Biaras Drass Hydropower plant became the first one to be commissioned under the
Prime Minister’s Ladakh Renewable Energy Initiative
Biaras Drass Hydropower plant project became the first one to be commissioned under the
Prime Minister’s Ladakh Renewable Energy
Initiative on 10 November 2017.
The 1.5-mw small hydropower plant in Biaras
Drass of Kargil, commissioned on 4 November
2017.
The plant will power the Drass town in Kargil,
which is one of the coldest places in India.
Power from the Biaras SHP would be sufficient to
meet normal power requirement of about 1,000
families, which would make them comfortable in the extreme winter season.
The total cost of the project, fully funded by the Ministry of New and Renewable Energy, is
Rs. 17 crore and this is the first project to be commissioned under the Prime Minister’s
Ladakh Renewable Energy Initiative (LREI).
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Compendium- November, 2017
PM Narendra Modi inaugurates rice field laboratory named after him in Los Banos
Prime Minister Narendra Modi inaugurated rice field laboratory named after him
International Rice Research Institute (IRRI) in Los Banos in Philippine during his three-day
visit to attend ASEAN-India and East Asia summits
India is setting up regional centre of IRRI in Varanasi to develop high-yielding rice varieties
to increase farmers’ income by enhancing and supporting rice productivity, reducing cost of
production, value addition, diversification and enhancement of farmers’ skills.
IRRI is international agricultural research and training organization
known for its work in developing rice varieties that contributed to
Green Revolution in 1960s.
It was established in 1960 and has offices in 17 countries.
It aims to reduce poverty and hunger, improve health of rice
farmers and consumers, and ensure environmental sustainability of
rice farming.
RRI is one of 15 agricultural research centres in world that form
CGIAR Consortium of International Agricultural Research centres, a
global partnership of organizations engaged in research on food security.
It is also the largest non-profit agricultural research centres in Asia.
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Compendium- November, 2017
The findings of the study point out to severe inequalities in the disease burden in different
states, suggesting the need for more specific health planning.
Kerala was adjudged as the healthiest state where men enjoyed a life expectancy of 73.8
years. However, the corresponding figure for men in Assam was 63.6 years.
Ironically, the life expectancy for females in Uttar Pradesh was 66.8 years - below the
national average and 12 years less than in Kerala, where it was 78.7 years.
This meant that on an average a woman in Uttar Pradesh has twelve years shorter life span
than their sisters in Kerala.
In Uttar Pradesh, average life expectancy of females in 2016 is 66.8 years, close to four
years lesser than the national average of 70.3 years, while in Kerala it is eight years more
than the national average at 78.7 years.
Life expectancy in the whole of India has improved over three decades but is still lower by
eleven years than in China and Sri Lanka.
As per the Lancet study, Assam, Uttar Pradesh and Chattisgarh have the highest disease
burden rates, while Kerala and Goa have the lowest rates.
This is probably the first-of-its-kind report on the state-wise burden of diseases, which also
monitors trends over the past thirty years highlighting disparities between states.
States like Punjab and Tamil Nadu have the highest disease burden due to diabetes, while
on the other hand states like Uttar Pradesh, Bihar, Jharkhand and Odisha are tackling
highest disease burden due to infections because of unsafe water, shoddy sanitation and
non-practice of hand washing, leading to deaths due to diarrhoea especially in children
under five years of age.
Around 15 percent of total disease burden in India is due to the child and maternal
malnutrition.
The burden due to outdoor air pollution is highest in a mix of northern states, including
Haryana, Uttar Pradesh, Punjab, Rajasthan, Bihar, and West Bengal.
Kerala, Goa, Tamilnadu have lowest rates.
India has 72 percent more per capita disease burden than China and Sri Lanka.
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Compendium- November, 2017
Hyderabad Metro Rail Limited (HMRL) is the company that is operating this metro service.
Eight cities having operational metro services are – Kolkata, Delhi,
Bengaluru, Gurugram (Gurgaon), Mumbai, Jaipur, Chennai and
Kochi.
Hyderabad Metro has been implemented entirely on public-
private partnership (PPP) basis, with the Telangana state
government holding a minority equity stake.
The first phase of this metro comprises of 30 km stretch from
Miyapur to Nagole, having 24 stations.
No other rapid transit metro service in India opened for public
operations on such a long stretch of 30 km. It is estimated to cost Rs. 15,000 crore.
New Delhi-Kathgodam Shatabdi Express first train to be accorded the ‘Swarn’ status
Indian Railway recently unveiled the first of its overhauled premium trains under its
‘Swarn’ project.
The New Delhi-Kathgodam Shatabdi Express is the
first of the 30 premium trains of Indian Railways to
be overhauled under its ‘Swarn’ project on 6
November 2017.
Under the ‘Swarn’ initiative the interiors of 30
premium trains (including 15 Rajdhani and 15
Shatabdi Expresses) have received a complete
makeover with facilities like on-board entertainment systems, trolley service for catering,
clean toilets with automatic doors.
Security of passengers has also been a focus with installation of CCTV surveillance cameras,
extra railway police personnel etc.
Passengers are given disposable headrest covers in executive class, all coaches are
equipped for braille-signage for the visually impaired.
Also entertainment systems include wi-fi hotspots, HD streaming and more. The cost of
upgrade for each train is Rs. 50 lakh while total cost under the project is Rs. 25 crore.
Rajdhani Express trains that ply to destinations like Mumbai, Howrah, Patna, Ranchi and
Bhubaneswar were among those selected for upgrade and among the Shatabdi Express
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Compendium- November, 2017
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Compendium- November, 2017
Barak River is one of major rivers of South Assam. The 564 kilometres long river is part of
Surma-Meghna River System. It rises in hill country of Manipur where it is biggest and most
important of hill country rivers. After Manipur it flows through Mizoram and Assam. It later
enters Bangladesh where it forks into Surma and Kushiyara rivers. The sixth national
waterway stretch is on this river.
One year of Pradhan Mantri Awaas Yojana- Gramin: A Report. Pradhan Mantri Awas Yojana
(Gramin), under which a target of completing one crore new houses by 31st March 2019
was set, was launched on 20th November 2016 from Agra. Of this target, 51 lakh houses are
to be completed by 31st March 2018. To meet the target of 51 lakh houses under Pradhan
Mantri Awaas Yojana (Gramin) by March 2018, the Ministry of Rural Development (MoRD),
in partnership with the State Governments, has taken many steps, including setting a
month-wise target for completion of houses.
Union Government promulgates Indian Forest (Amendment) Ordinance, 2017. The
ordinance aims to promote cultivation of bamboo in non-forest areas to achieve twin
objectives of increasing the income of farmers and also increasing the green cover of the
country.
Union Government promulgates ordinance to amend Insolvency and Bankruptcy Code,
2016. The Ordinance aims to prevent unscrupulous, undesirable persons from misusing the
provisions of the Code. The amendments aim to bar individuals who are wilfully defaulters
and are associated with non-performing assets or are habitually non-compliant, therefore,
pose a risk to the company.
Union Government sends a proposal to UN for declaring year 2018 as International Year of
Millets. Millets can help tackle the health challenges such as obesity, diabetes and lifestyle
problems as they are gluten free, have a low glycemic index and are high in dietary fibre
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Compendium- November, 2017
and antioxidants. Moreover, in times of climate change, they will be the last crop standing
and will be a good risk management strategy for resource-poor marginal farmers.
Union government initiates 'safe-city' plan for women in 8 metropolitan cities. The Union
government has initiated the process of formulating comprehensive 'safe-city' plans for
women in eight metropolitan cities of the country. The plan will be implemented in cities
including Delhi, Mumbai, Kolkata, Chennai, Ahmedabad, Bengaluru, Lucknow and
Hyderabad.
Union Cabinet approves continuation of Indian Institute of Corporate Affairs Scheme. With
the continuation, the training programs, research activities and projects conducted by the
Institute will enhance the skill sets resulting in increased employability of students as well
as professionals.
Union Cabinet approves India's Membership for European Bank for Reconstruction &
Development. The minimum initial investment towards the membership of EBRD will be
approximately 1 million Euros. This assumption is based on India's decision to buy the
minimum number of shares (100) required for obtaining the membership.
Cabinet approves expansion of umbrella scheme ‘Mission for Protection and Empowerment
for Women’. The Union Cabinet Committee on Economic Affairs chaired by Prime Minister
Narendra Modi gave its approval for expansion of the schemes of WCD Ministry under
umbrella Scheme ‘Mission for Protection and Empowerment for Women’ for a period 2017-
18 to 2019-20.
Babri Masjid land dispute: Shia Waqf Board submits peaceful settlement before SC. Under
the settlement, the board proposed that the Ram temple can be built on the Ayodhya site
while a mosque can be constructed in Lucknow. The peaceful proposal, submitted by Shia
Waqf Board chairman Syed Waseem Rizvi, will bring about harmony between Hindus and
Muslims in the country.
India signs USD 100 million loan agreement with World Bank for Solar Parks Project. The
project will help in establishing large-scale solar parks and will support the Union
Government’s plan to install 100 Gigawatts (GW) of solar power, out of the total renewable
energy target of 175 GW by 2022.
Union Health Ministry notifies amendment to Food Safety & Standards Regulations 2011.
The amendment prescribes maximum permissible limits of 37 antibiotics and 67 other
veterinary drugs in meat and meat products including chicken. Moreover, the Ministry also
invited objections and suggestions from all the stakeholders including general public by 6
December 2017.
Union Cabinet approves increase in carpet area of houses under Pradhan Mantri Awas
Yojana. It approved the increase in the carpet area in the Middle Income Group (MIG) I
category of CLSS from the existing 90 square metre to up to 120 square metre. It increased
the carpet area in respect of MIG II category of CLSS from the existing 110 square metre to
up to 150 square metre.
Union Government prepones introduction of BS-VI grade auto fuels in Delhi to 2018 instead
of 2020. The Union Ministry of Petroleum and Natural Gas introduced the BS-IV grade
transportation fuels across the country in April 2017. With the launch of BS-IV grade fuel, a
new era of clean transportation fuels began, which benefitted all citizens by significantly
reducing pollution levels.
Railways Ministry launches comprehensive training programme 'Project Saksham'. With
growing rail network, new trains, different high quality services designed by the Indian
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Compendium- November, 2017
Railways, it is imperative that the railway employees undergo proper training to deliver
superior and safe rail services.
Union Government set to launch BharatNet phase 2 project. The Union Government would
be launching its second and final phase of BharatNet project to provide high-speed
broadband service in all Gram Panchayats by March 2019. It will be implemented at an
outlay of around Rs 34000 crores.
WCD Ministry to host ‘Hausala 2017’ to celebrate Child Rights Week. The Ministry of
Women and Child Development would be celebrating the Child Rights Week by hosting
‘Hausala 2017’ festival from 16-20 November 2017. The festival will be hosted by the
Ministry as an Inter CCI Festival for the children who reside in Child Care Institutions
(CCIs).
Linking of Aadhaar with insurance policy mandatory: IRDAI. The Rules make Aadhaar and
PAN/Form 60 mandatory for availing financial services including insurance and also for
linking the existing policies with the same. At present, there are 24 life insurance
companies and 33 general insurers (including standalone health insurance firms) operating
in the country.
Union Government to provide financial assistance of Rs 2302.05 crore for Sagarmala
projects. The Coastal Berth Scheme aims to provide financial support to ports or state
governments for creation of infrastructure for movement of cargo and passenger by sea or
national waterways. The total financial assistance from Central Government is 50 per cent
of the total cost of the project subject.
Railways launch main arch on world's highest bridge on Chenab. The Indian Railways has
commenced the main arch of the world's highest bridge on the River Chenab in Jammu and
Kashmir's Reasi district. This will provide direct connectivity to the Kashmir Valley. The
iconic bridge of Jammu & Kashmir will ascend 359 metres above the bed of the River
Chenab and will be 30 metres upper than the iconic Eiffel Tower in Paris.
Specify deadlines for Aadhaar Linking: Supreme Court to mobile service providers and
banks. The Rule 2(b) of the Prevention of Money Laundering (Maintenance of Records)
Second Amendment Rules, 2017 requires Aadhaar for opening new bank accounts and for
verification of existing bank accounts by 31 December 31, 2017, failing which the bank
accounts will cease to be operational.
Dyal Singh College (Evening) renamed as 'Vande Mataram Mahavidyalaya'. A major
controversy was erupted over renaming of the Delhi University’s Dyal Singh College
(Evening) as ‘Vande Mataram Mahavidyalaya’.
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Compendium- November, 2017
International
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Compendium- November, 2017
IX sounding rocket for evaluation of ASPIRE payload performance. The payload was bullet-
nosed, cylindrical structure holding supersonic parachute along with parachute’s
deployment mechanism, and test’s high-definition instrumentation including cameras to
record data.
This payload was carried as high as about 51 km and was successfully deployed from
altitude of 42 km and at velocity of 1.8 times speed of sound. Thirty-five minutes after
launch, ASPIRE splashed down in Atlantic Ocean about 54 km southeast of Wallops Island.
The next ASPIRE test is planned for February 2018. The Mars 2020 team will use data from
these tests to finalize design for its mission.
Mars 2020 mission
NASA’s Mars 2020 mission will seek signs of ancient Martian life by deploying rover for
investigating evidence in place and by caching drilled samples of Martian rocks for
potential future return to Earth. It will carry out search by conducting drills for core
samples that may contain proof of microbial life from the past. The rover will also examine
different methods to create oxygen from Mar’s atmosphere.
World Press Freedom Index -2017: China world's biggest prison for journalists
China has the maximum number of jailed journalists while North Korea, as expected, is the
most dangerous for scribes.
According to Reporters Without Borders (RSF), in the 2017 World Press Freedom Index,
China has the maximum number of jailed journalists.
The country was also rated one of the most dangerous for journalists.
In China, the media is under strict state-control.
It has been ranked 176 of the 180 countries included in the report.
Even Vietnam - another country with a high number of jailed journalists - fares marginally
better and is ranked 175.
India is ranked 136 of 180 countries and fares better than i.e. three ranks above Pakistan.
The New York-based Committee to Protect Journalists has listed 60 journalists who have
been killed in Pakistan since 1994, the country does not make it to the 'Most Dangerous'
list.
On expected lines, North Korea is ranked last at 180 while war-ravaged Syria is at 177 - one
rank worse than China.
On the other end of the report are the Scandinavian countries of Norway, Sweden, Finland,
Denmark which make the top-five, along with The Netherlands.
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Compendium- November, 2017
Cape Town’s Zeitz MOCAA opened in September and the Louvre Abu Dhabi is set to open
this month.
China launches Asia's largest dredging ship - The 'Magic Island Maker'
China has unveiled a massive ship described as a "magic island maker", the Asia’s largest
dredging vessel.
The ship is capable of building artificial islands of
the sort the country has constructed in the
contested South China Sea.
It was launched on Friday at a port in eastern
Jiangsu province.
The boat named Tian Kun Hao is capable of
digging 6,000 cubic meters an hour, the
equivalent of three standard swimming pools.
It is a larger version of the one China used to dredge sand, mud and coral for transforming
reefs and islets in the South China Sea into artificial islands capable of hosting military
installations.
It will be the most powerful such vessel in Asia.
China claims nearly all of the sea, through which $5 trillion in annual shipping trade passes
and which is believed to sit atop vast oil and gas deposits.
Its sweeping claims overlap with Vietnam, the Philippines, Malaysia and Brunei, as well as
Taiwan.
China has previously completed its reclamation projects in an area of the sea known as the
Spratlys.
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Compendium- November, 2017
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Compendium- November, 2017
India, Japan, U.S., Australia hold first ‘Quad’ talks at Manila ahead of ASEAN Summit
India participated in the first formal official-level
discussions under the recently floated regional coalition
known as the ‘Quad’.
It is a quadrilateral formation, includes Japan, India,
United States and Australia.
The quadrilateral talks were held even as Prime Minister
Narendra Modi interacted with Premier Shinzo Abe of
Japan and U.S. President Donald Trump at a gala dinner
thrown by President Rodrigo Duterte of the Philippines for the leaders who are here to
participate in the 31st ASEAN and the 12th East Asia summits.
The discussions focussed on cooperation based on their converging vision and values for
promotion of peace, stability and prosperity in an increasingly inter-connected region that
they share with each other and with other partners.
The Indian team at the ‘Quad’ consisted of the Joint Secretary in charge of the East Asia
division in MEA, Pranay Verma, and the Joint Secretary in charge of South division, Vinay
Kumar.
The leaders of the quadrilateral countries, Mr. Abe, Mr. Modi, and Mr. Trump participated in
the dinner dressed in the Barong Tagalog, the traditional Filipino shirt for men.
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Compendium- November, 2017
former MPs, ambassadors, government officials, researchers, eminent experts and thinkers
will attend the summit. The summit is a regional platform for discussing and analyzing
economic and development issues and challenges faced by South Asian countries and
advancing the cause of regional integration and cooperation.
South Asia Economic Summit
South Asia Economic Summit is like Davos- World Economic Forum event in South Asia. It
was started in 2008. It brings together stakeholders from government, research, private
sector, academics and civil society to generate innovative and actionable ideas for
consideration by region’s policymakers and SAARC.
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Compendium- November, 2017
Factors hampering India's net freedom record, according to the study, are people being
detained for comments on religious or political issues and several suspension of net service
in Jammu and Kashmir.
Conversely, what has helped India's rank are increased net access, better speeds and
Supreme Court recognising privacy as a fundamental right in an August ruling.
Pakistan has not fared as well and scored 71 - a little better than Saudi Arabia's 72.
Pakistan is also only one of two countries - with South Korea - to have worse scores for
internet freedom than for press freedom.
Conversely, the countries with the overall best score for internet freedom were Estonia and
Iceland - tied at No. 1 rank.
Canada had the next best score, followed by Germany, Australia-United States (tie), Japan,
Georgia-UK (tie) and South Africa-Italy (tie).
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Compendium- November, 2017
Kuwait ($69,670), United Arab Emirates ($68,250), Switzerland ($61,360) and Hong Kong
($61,020).
India was placed at 126th place in the listing, with one place improvement.
India’s GDP rose to $7,170 in 2017, from $6,690 last year, helping improve its rank by a
position to 126th.
Latin America and the Caribbean ranked World’s most violent region for women
According to a latest report by UN Women and the UN Development Programme (UNDP),
Latin America and the Caribbean region is ranked as the World’s most violent region for
women.
Latin America and the Caribbean is the most violent region in the world for women.
This was disclosed by the United Nations (UN) in Panama on 22 November 2017.
The conclusion has been drawn based on a report prepared by UN Women and the UN
Development Programme (UNDP).
The report found assaults on women persisted in the region despite severe laws aimed at
curbing the phenomenon.
The rate of sexual violence against women outside of relationships is the highest in the
world in the region.
According to the report, 3 of the 10 countries with the highest rates of rape of women and
girls were in the Caribbean.
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Compendium- November, 2017
fuels, it has zero emission, including carbon, sulphur and PM2.5 which will help to protect
water quality and marine life. It can be used as passenger liner or a working ship.
India, Russia sign anti-terror agreement. Indian and Russian representatives also signed a
joint action plan for countering the threat posed by narcotics. This agreement will provide
legal framework for bilateral cooperation in this field.
Beyonce named World's Highest-Paid Woman in Music in 2017 by Forbes. Beyonce
Knowles earned a total wealth of USD 105 million from record sales and from her
‘Formation’ concert tour. She also has her own Ivy Park fashion line and other business
interests. Adele fetched the second spot with a total worth of USD 69 million, boosted by
her first proper tour since 2011.
WHO launches global effort to end TB by 2030. The Moscow Declaration to End TB aims to
increase multisectoral action as well as track progress, and build accountability. More than
1000 participants took part in the two-day conference which resulted in collective
commitment to end TB.
Leonardo Da Vinci's Christ painting sold for record USD 450 million. The painting is known
by the name 'Salvator Mundi', an Italian phrase for 'Savior of the World'. The painting is one
of 16 paintings by Leonardo known to exist and is the only one in private hands. This 26-
inch-tall painting dates from around 1500 and shows Christ dressed in Renaissance-style
robes, his right hand is raised in blessing and his left hand holds a crystal sphere.
Japan to relax visa rules for Indians from 1 January. Japan will relax its visa rules for Indians
from 1 January 2018 and issue multiple- entry-visa for short-term stay. The relaxed visa
regime will not only have simplification of visa application documents but also expansion of
scope of eligible applicants.
Facebook to introduce disaster response tools in India. Social media giant, Facebook has
teamed up with the National Disaster Management Authority (NDMA) and an Indian non-
profit body – SEEDS- to offer tools to these agencies in an attempt to help them
respond more effectively to natural disasters.
India to contribute USD 100 million to UN partnership fund. India has pledged an additional
amount of USD 100 million towards the UN partnership fund, scaling up its support to
sustainable development projects across the developing world.
2017 set to be among top three hottest years with record breaking extreme weather: WMO.
The year 2017 witnessed an extraordinary weather, including temperatures topping 50
degrees Celsius in Asia, record-breaking hurricanes in the Caribbean and Atlantic reaching
as far as Ireland. Extreme events affect the food security of millions of people, especially the
most vulnerable.
Guinea ratifies International Solar Alliance Framework Agreement. With this, Guinea
became the 15th country to ratify the agreement. The other 14 countries are India,
Bangladesh, Comoros, Fiji, France, Ghana, Mauritius, Nauru, Niger, Mali, Seychelles, Somalia,
South Sudan and Tuvalu.
ICIJ releases Paradise Papers: 714 Indians named in the list. Among the 180 countries
represented in the data, India ranks 19th in terms of the number of names. In all, there are
714 Indians in the list. Interestingly, Indian company Sun Group, founded by Nand Lal
Khemka, figures as Appleby’s second-largest client internationally, with as many as 118
different offshore entities.
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Compendium- November, 2017
Industrial Policy & Promotion (DIPP) under Commerce and Industry Ministry is the nodal
body at Centre for the exercise.
Assessment Report-2017
This year’s assessment includes 372 reforms, up from 340 last year.
The broad areas of assessment included online single window system,
online tax payment, contract enforcement, paper-less courts, land
availability and allotment, obtaining electricity and water connection,
tax, labour regulation, construction permits, environmental registration
as well as commercial dispute resolution and online systems for
property registration.
It also included registration and grant and renewal of licence under Factories Act, approval
of plan and permission to construct or extend or take into use any building as factory,
registration and renewal of boilers and compliance inspections under various laws.
About State ease of doing business index
In 2014, Government requested World Bank Group to support India’s efforts to enhance
India’s competitiveness and increase manufactured exports. DIPP then decided to start
similar initiative to promote competitiveness among states by taking cue from World
Bank’s “Ease of doing business index.
The DIPP hosted website for states to update their performance on pre-identified
parameters on real-time basis and prepared a report card on the same. The parameters are
assessed by both World Bank and DIPP. Stakeholders, including companies or individuals
also gave feedback on portal about improvements made by states on each of those
parameters.
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Compendium- November, 2017
Union Government mandatory for all new four-wheelers to have FASTag devices fixed
on front windscreens
The Union Government has made mandatory for all new four-wheelers to have FASTag
devices fixed on front windscreens by
automobile manufacturers or authorised
dealers.
This comes into force from 1 December 2017.
The main aim is to promote digital India and
enabling hassle-free transportation.
FASTag is a device that uses Radio Frequency
Identification (RFID) technology for making toll
payments directly from the prepaid account linked to it.
It is affixed on the windscreen of a vehicle and enables to drive through toll plazas without
stopping for payment.
NHAI has also rolled out dedicated FASTag lanes at toll booths.
India become fourth largest population of millionaires in the Asia Pacific region
India become the fourth largest population of millionaires in the Asia Pacific region with
2,19,000 ultra-rich individuals with a combined wealth of $877
billion.
According to the 2017 Asia-Pacific Wealth Report (APWR) by
Capgemini, India stood at fourth position with its contribution of
4 % in terms of individual market share in HNWI population
growth in APAC (Asia Pacific) region.
High net worth individuals (HNWIs) are defined as those having
investible assets of $1 million or more, excluding primary
residence, collectibles, consumables, and consumer durables.
At the end of 2016, there were 28,91,000 millionaires in Japan, while China ranked second
with 11,29,000 HNWIs and Australia was at the third place had 2,55,000.
Between the period 2015-2016, India's HNWI population witnessed a surge by 9.5 %,
outshining the average annual growth rate of 7.4 % of APAC.
China and Japan which registered a growth of 9.1 % and 6.3 %, respectively, for the same
period.
In terms of HNWI wealth, India witnessed a double-digit growth of 10 % for the period
2015-2016, as compared to the annual average growth of 8.2 %.
After a sedate HNWI wealth expansion of 1.6 % in 2015, India posted double digit HNWI
wealth growth of 10 % in 2016.
For the July-September period of this financial year, 41 % of Indian HNWI's financial assets
are held outside the home market.
In terms of geographic spread of asset allocation, Indian HNWI's are largely holding their
assets in Singapore (22.2 %) Dubai (14.4 %) and London (13.4 %).
The report said Asia-Pacific continued to dominate high net worth individual population
and wealth, and is on target to surpass $40 trillion in HNWI wealth by 2025.
It proves corrupt rich Indians are parking their wealth abroad in fake accounts
Asia-Pacific remains the global leader in HNWI population and wealth, but its pace slowed
slightly in 2016 with population and wealth increasing 7.4 % and 8.2 %, respectively, down
from 9.4 % and 9.9 % in 2015.
The Asia-Pacific Wealth Report from Capgemini tracks HNWIs in the Asia-Pacific region,
their wealth, and the global and economic conditions that drive change in the wealth
management industry.
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Compendium- November, 2017
Reliance Nippon AMC became the first mutual fund to be listed on Indian stock
exchanges
Reliance Nippon AMC became the first mutual fund to be listed on Indian stock exchanges
on 6 November 2017.
Reliance Nippon Asset Management Company
(Reliance Nippon AMC) became the first mutual fund
to be listed on Indian stock exchanges.
Earlier the Rs. 1,540 crore IPO brought by Reliance
Nippon was oversubscribed over 80 times.
The company is the country’s third largest AMC or
asset management company in terms of assets.
At the end of August 2017, Reliance Nippon AMC managed assets worth Rs. 3.84 lakh crore
across mutual funds (Rs. 2.3 lakh crore), managed accounts (Rs. 1.53 lakh crore) and
offshore funds and advisory mandates (Rs. 2,223 crore).
Goods and Services Tax Council (GST Council) reduced GST rates on 50 items
The Goods and Services Tax Council on 10 November 2017 sharply reduced to just 50 the
number of items in the highest tax rate of 28%.
The 23rd meeting of GST Council being held in Guwahati, chaired by Union Finance
Minister Arun Jaitley,
The Council also staggered the return filing
process, reduced the tax rates on restaurants and
expanded the Composition Scheme for small firms.
The Council decided to reduce the tax rate on 178
of current 228 items from 28% to 18%, with effect
from 15 November 2017. After this now just 50
items remain in the 28% GST slab.
The items in the 28% slab that have got cheaper include wires, cables, insulated plugs,
furniture, bedding, mattresses, suitcases, detergents, shampoo, perfumes, lamps, wrist
watches, and slabs of marble and granite.
Now all restaurants will be taxed at 5%, except those in hotels with a tariff of Rs. 7,500 or
more that will be taxed at 18% with input tax credit (ITC).
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Compendium- November, 2017
The summit not only provided platform to tribal youth but also addressed issues faced by
tribal community in pragmatic and progressive ways.
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Compendium- November, 2017
The state-wise list of GPs under Mission Antyodaya has already been finalised.
Among the parameters, a village will be judged by –
i. All weather roads
ii. Internet connectivity and banking correspondent
iii. If it is "open defecation free" with "community waste disposal system".
Govt's next mega mission to make 1 billion UIDs, 1 billion accounts, 1 billion mobiles
India government is set to pursue an unique and ambitious "1 billion-1 billion-1 billion"
connectivity vision.
This means one billion unique Aadhaar numbers, linked to one billion bank accounts and
one billion mobiles+.
The target follows the success of demonetization in bringing about a substantial Rs 6 lakh
crore reduction in value of high value notes that would have been in circulation and a rising
trend of bank accounts and digital payments+.
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Compendium- November, 2017
There is confidence in government circles that the "1 plus 1 plus 1" figure will happen soon
- though no target dates are spelt out - and this will mark a big step towards expanding the
financial and digital mainstream.
According to official statistics, estimated high value notes at the end of September, 2017,
add up to approximately Rs 12 lakh crore as against a value of Rs 15.44 crore in November,
2016 when PM Narendra Modi announced demonetization.
The rate at which specified bank notes were growing meant they would have been of the
order of around Rs 18 lakh crore and they have been effectively brought down by Rs 6 lakh
crore.
The government has sought to counter attacks that the return of 99% of denotified
currency, despite being contrary to what was initially anticipated, does not signal a failure
of demonetisation.
The sharp reduction in the number of high-value notes is seen as a significant step towards
a less cash economy promised by the government and, coupled with measures such as
limits on such payments for property purchases, is expected to accelerate the process.
The tax reform has received widespread approval even from economists who were
doubtful of note ban.
The fillip to digitalization, read in conjunction with Aadhaar and measures like BHIM-UPI, is
also being recognized by ratings agencies, and the reduced transaction costs are also
making a difference.
The UID schemes and its linkage with welfare payments as well as PAN cards and other use
by private firms have been criticized for exclusion as well as intrusion of privacy.
The thumbs up to UID as a means of quickly establishing identity of a beneficiary or
payment maker is a shot in the arm for the government.
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Compendium- November, 2017
In IMD World Talent Rankings 2017, India has improved its ranking by three notches to 51
globally in terms of ability to attract, develop and retain talent while Switzerland topped
the list.
The prestigious annual IMD World Talent Ranking assesses the methods countries use to
attract and retain the talent their businesses need to thrive.
Europe continues to dominate the 2017 list, with 11 out of the 15 most talent competitive
economies based on the continent, after a strong performance in 2016. Switzerland,
Denmark and Belgium remain the most competitive countries in the 2017 IMD World
Talent Ranking.
Austria, Finland, the Netherlands, Norway, Germany, Sweden and Luxembourg make up the
top-ten.
The study draws on an in-depth survey of thousands of executives from 63 different
economies, and more than two decades' data from the IMD World Competitiveness Center.
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Compendium- November, 2017
Government constitutes task force for drafting New Direct Tax Legislation
The Union Finance Ministry has constituted task force to review
Income Tax (IT) Act 1961 and draft new direct tax law in consonance
with current economic needs. CBDT member Arbind Modi will be
convener of task force. Chief Economic Adviser Dr. Arvind
Subramanian will be its permanent Special Invitee.
Terms of Reference of Task Force
Taskforce main mandate is to draft appropriate Direct Tax Legislation
keeping in view direct tax system prevalent in various countries, international best
practices. It will also take into consideration, economic needs of country and any other
matter connected thereto.
Background
During 2017 Rajaswa Gyan Sangam held in September, 2017, Prime Minister Narendra
Modi had observed that IT Act, 1961 was drafted more than 50 years ago and it needs to be
re-drafted. Rajaswa Gyan Sangam is an annual conference of senior tax administrators to
enable two-way communication between policy-makers and senior officers in field offices
with view to increase revenue collection and facilitate effective implementation of law and
policies in key result areas.
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Compendium- November, 2017
When introduced, the Re. 1 replaced the silver coin, which was the prevalent way of storing
value of the princely Re 1. Unlike other banknotes, this is not signed by the RBI governor,
but by the finance secretary.
Finance Minister Arun Jaitley launches Paytm Payments Bank. Paytm Payments Bank aims
to bring Indians into 'digital economy'. With the launch of the Bank, Paytm account holders
can enjoy the benefits like zero-balance account, free IMPS, NEFT, RTGS, UPI transactions
and a complimentary virtual Rupay cards for online transactions.
CCEA approves expansion of Beti Bachao Beti Padhao for Pan India coverage. The
expansion includes Multi sectoral intervention in 244 districts in addition to existing 161
districts and 235 districts will be covered through Alert District Media, Advocacy and
Outreach.
Moody's upgrades India's sovereign rating after 14 years. US credit rating agency Moody's
raised India's sovereign rating to Baa2 from its lowest investment grade of Baa, while
changing the outlook for the country's rating to stable from positive. Since 2004, Moody
raised the sovereign rating for the first time ignoring a haze of short-term economic
uncertainties to bet on the nation’s prospects from a raft of policy changes by the
government.
Cabinet approves the establishment of the National Anti-profiteering Authority under GST.
The Union Cabinet led by the Prime Minister Narendra Modi has given its consent for the
creation of the posts of Chairman and Technical Members of the National Anti-profiteering
Authority (NAA) under GST. The decision was followed up immediately after the sharp
reduction in the GST rates of a large number of items of mass consumption. This paves the
way for the immediate establishment of this apex body, which is mandated to ensure that
the benefits of the reduction in GST rates on goods or services are passed on to the ultimate
consumers by way of a reduction in prices.
Union Government launches BHARAT-22 Exchange Traded Fund. Union Government's key
Economic Reforms may also benefit ETF. These reforms are Insolvency and Bankruptcy
Code 2016, Digital Economy, Bank recapitalization, GST, Liberalization of FDI, Introduction
of Daily Fuel pricing, Revival package for DISCOMs, etc.
India to be third largest economy by 2028, says report. India is likely to achieve strong
growth over the next decade and emerge as the world’s third-largest economy, overtaking
Japan in nominal GDP by 2028, says a report titled ‘India 2028’ by Bank of America Merrill
Lynch.
RBI directs banks to provide doorstep banking facilities to senior citizens, differently-abled.
The Reserve Bank of India has asked banks to provide doorstep banking facilities to senior
citizens who are more than 70 years of age and differently-abled persons by December
2017.
India slips to 7th position in Business Optimism Ranking. According to the most recent
Grant Thornton International Business Report India has slipped to the 7th position in the
Business Optimism Index (BOI) in the September quarter, from the second position in the
previous three months. The survey suggests that this ranking is showing the clear signs of
lag in the economy.
CBDT notifies rules for furnishing Master File and Country-by-Country Report. The report
of Master File needs to be submitted in Form 3CEAA and the Country-by-Country Report in
Form 3CEAD. An international group having multiple Indian constituent entities can
designate one constituent entity to furnish the Master File.
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Compendium- November, 2017
PFRDA increases maximum age of joining under NPS-Private Sector to 65 years. With this,
any Indian Citizen, resident or non-resident, between the age of 60- 65 years can now join
NPS and continue up to the age of 70 years in NPS. Moreover, the subscribers who are
willing to join NPS at the later stage of life will be able to avail the benefits of NPS.
Union Government constitutes Arun Jaitley led committee to oversee PSU bank mergers.
Earlier in 2017 itself, the banking sector witnessed the consolidation of State Bank of India
(SBI), which merged operations of its five associate banks and Bharatiya Mahila Bank with
itself, marking the first consolidation move following the bad loan crisis.
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Compendium- November, 2017
India's First Woman Navy Pilot To Train At Air Force Academy In Hyderabad
The Indian Navy will soon get its first-ever woman pilot, Shubhangi Swaroop, who will be
flying a maritime reconnaissance aircraft.
Though Uttar Pradesh resident Shubhangi is set to be the
first Naval woman pilot, the Navy's Aviation branch has had
women officers manning the air traffic and as 'observers'.
Besides her, three other women cadets -- Astha Segal from
New Delhi, Roopa A from Puducherry and Sakthi Maya S
from Kerala -- have also been inducted in the Navy's
armament division, which was earlier considered a men-only
unit.
Astha Segal, Roopa A and Sakthi Maya S created history by becoming the country's first
women officers at the Naval Armament Inspectorate (NAI).
The NAI is responsible for auditing and assessing the state of weapons and ammunition of
the Navy.
The Indian Navy started inducting female officers in 1991, but now the areas of induction
have been expanded.
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Compendium- November, 2017
Shubhangi will now head to INS Garuda in Kochi and then graduate to the Air Force
Academy in Hyderabad, which trains pilots of the Army, Navy and the Air Force.
On successful completion of training, she will become the first woman pilot in the maritime
reconnaissance stream.
IMMSAREX 2017: International Multilateral Maritime Search and Rescue Exercise held
in Bangladesh
The 2017 International Multilateral Maritime Search and Rescue
Exercise (IMMSAREX) was held in Bangladesh from November 26 to 28
2017.
The exercise is taking place under the aegis of Indian Ocean Naval
Symposium (IONS). It was inaugurated by Prime Minister of Bangladesh
Sheikh Hasina.
Key Facts
From India, Navy Chief Admiral Sunil Lanba participated in the exercise to consolidate
bilateral naval relations between India and Bangladesh and to explore new avenues for
naval cooperation. Indian Naval Ships (INS) Ranvir, Sahyadri, Gharial and Sukanya along
with one Maritime Patrol Aircraft P-8I participatied in the exercise.
Extraordinary Conclave of Chiefs (ECoC)’ meeting of IONS was also held. It focussed upon
activities being undertaken by IONS in-addition to review progress made by three IONS
Working Group (IWG)- Humanitarian Assistance and Disaster relief (HADR), Maritime
Security and Information Exchange and Interoperability.
The ships and aircraft of IONS members and observers including China (has observer
status) and Pakistan also participated in exercise.
Indian Ocean Naval Symposium (IONS)
The IONS is regional forum of Indian Ocean littoral states launched by India Navy in
February 2008. It is voluntary initiative that seeks to increase maritime co-operation
among navies of littoral states of Indian Ocean Region (IOR) by providing an open and
inclusive forum for discussion of regionally relevant maritime issues.
It endeavours to generate flow of information between naval professionals that would lead
to common understanding and possibly cooperative solutions on way ahead. There
are 35 members – navies of IONS represented by heads of their navies.
North Korea has conducted its first ballistic test launch Hwasong-15
The North Korea successfully tested newly developed intercontinental ballistic rocket
Hwasong-15.
The missile was more sophisticated than any previously tested and was capable of carrying
a “super-large heavy (nuclear) warhead”.
South Korea and Japan led condemnation of North
Korea’s launch of the missile, which landed off Japan’s
coast.
The launch, which triggered a South Korean test-
launch in response, reignited tensions in the region
after a lull of more than two months.
It was North Korea’s 20th launch of a ballistic missile
this year, and possibly its third successful test of an
ICBM following two launches in July.
The missile was reported to have flown for 50 minutes on a very high trajectory, reaching
2,796 miles (4,500km) above the earth (more than 10 times higher than the orbit of the
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Compendium- November, 2017
International Space Station) before coming down nearly 621 miles from the launch site off
the west coast of Japan.
This would make it the most powerful of the three ICBMs North Korea has tested so far.
The missile would have a range of 8,078 miles, enough to reach Washington, the rest of the
US west coast, Europe or Australia.
ICBM is missile launched by land-based system that is intended to carry nuclear payloads.
To qualify as an ICBM, the missile must have minimum range of 5,500km.
The most significant difference between ICBM and other ballistic missiles is its greater
range and speed.
BrahMos cruise missile successfully test-fired from Sukhoi-30 MKI for first time
The world’s fastest supersonic cruise missile BrahMos was
successfully test fired from Indian Air Force’s (IAF) Sukhoi-30MKI
fighter jet for the first time.
The missile was gravity dropped from Su-30MKI from its fuselage and
two-stage missile’s engine fired up and was propelled towards the
intended target in Bay of Bengal.
Significance
It was for first time that missile was successfully tested from fighter
aircraft against sea-based target. It makes IAF first air force in world to have successfully
fire air-launched 2.8 Mach surface attack missile of this category.
This test effectively gives Indian armed forces especially IAF ability to fire Brahmos Air
Launched Cruise Missile (ALCM). With this, India also created world record and completed
Supersonic Cruise Missile Triad by successfully test firing of Brahmos from IAF Sukhoi-
30MKI fighter aircraft.
Defence Ministry approves procurement of 260 naval communication sets. The Union
Ministry of Defence has approved procurement of 260 Software Defined Radios (SDR) for
the Indian Navy. The decision was taken at a meeting of the Defence Acquisition Council
(DAC) chaired by Defence Minister Nirmala Sitharaman. The DAC is defence ministry’s
highest decision making body on procurement.
Defence of Andaman & Nicobar Islands Exercise 2017 held. The exercise was crucial as at
present, Indian Ocean Region (IOR) witnesses the increased Chinese footprint. China has
been participating actively in anti-piracy operations in the region. It claims that the Indian
Ocean is not India's Ocean.
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Compendium- November, 2017
Widows of gallantry award winners to get allowance even after remarriage. The Ministry of
Defence announced on 21 November 2017 that widows of gallantry award winners will
continue to get their allowance even after remarriage. As per the existing condition for
grant of monetary allowance to winners of gallantry awards, the allowance is given to the
recipient and on his death, to his widow.
India-Myanmar begin joint army exercise. The India-Myanmar Bilateral Army Exercise
(IMBAX) began on 20 November 2017 at the Joint Warfare Centre at Umroi Cantonment,
about 25 km from Shillong, capital of Meghalaya. The week-long army warfare exercise is
the first-ever one to be held in India.
42nd International Congress of Military Medicine begins. The congress was organised by
the Armed Forces Medical Services (AFMS) under the aegis of the Ministry of Defence
(MoD). The International Committee of Military Medicine is an international inter-
governmental organisation created in 1921 with its secretariat at Brussels in Belgium and
currently has 112 nations as members.
237th Corps of Engineers Day was celebrated in Delhi. The 237th Corps of Engineers Day
was celebrated in a solemn ceremony conducted at ‘Amar Jawan Jyoti’, India Gate in New
Delhi. The day is celebrated to commemorate the raising of first Engineer Company in 1780.
INS Sarvekshak reaches Dar-Es-Salaam to conduct Joint Hydrographic Survey with
Tanzanian Navy. INS Sarvekshak is a specialised survey ship of the Indian Navy presently
based at Kochi and is fitted with up to date survey equipment like Deep Sea Multi beam
echo sounder system, Side Scan Sonars and a fully automated digital surveying system.
Joint Training Doctrine Indian Armed Forces 2017 released. The aim of the Doctrine is to
promote synergy and integration amongst the three Services- Army, Navy and Air force for
enhanced efficiency and optimum utilisation of resources. It brings out the approach
towards joint training at macro-level, fundamentals, objectives, joint structures, planning,
organisation amongst other aspects presently in use in the Armed Forces.
DRDO conducts successful flight trial of 'NIRBHAY' Cruise Missile. The missile has the
capability to linger and cruise at 0.7 Mach at altitudes as low as 100 m. It was successfully
test fired from the Integrated Test Range (ITR), Chandipur, Odisha. This was the fifth
experimental test of the missile system.
Indian Army launches Joint Training Node in Shillong. The Indian Army has launched an
independent and fully-integrated Joint Training Node (JTN) at Umroi cantonment in
Shilllong, Meghalaya.
India successfully tests its first fully indigenous Glide bomb. Indigenously developed 'Glide'
bomb has been successfully tested by the Indian Air Force in Chandipur in Odisha. The
bomb is a lightweight, long-range precision-guided anti-airfield weapon, designed to
destroy ground targets such as runways, bunkers, aircraft hangers and other reinforced
structures.
Indo-Kazakhstan bilateral military exercise PRABAL DOSTYK 2017 begins. The fourteen
day PRABAL DOSTYK is aimed at enhancing the military ties between the two countries for
achieving interoperability between the two armies. It also aims to acquaint both forces with
each other’s operating procedures in the backdrop of counter insurgency and counter
terrorism operations under UN mandate.
Indian Air Force to participate in air exercise ‘Blue Flag-17’ in Israel. The Indian Air Force
(IAF) would be participating in a two-week-long multilateral air exercise- 'Blue Flag-17'- in
Israel. It is a bi-annual exercise that aims to strengthen military cooperation amongst
participating nations.
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Compendium- November, 2017
Appointments-National/International
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Compendium- November, 2017
According to a section of US media, Powell lacks the deep background in economics of some
of his predecessors, and he has expressed skepticism in the past about the unconventional
measures that the Fed took after the recession.
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Compendium- November, 2017
Shaktikanta Das appointed India’s G20 Sherpa for the G20’s Development Track
Shaktikanta Das was appointed India’s G20 Sherpa for the G20’s Development Track on 27
November 2017.
He was former Economic Affairs Secretary.
Shaktikanta Das appointed India’s Sherpa till 31 December 2018, for the G20’s
Development Track.
There are two tracks in G20 – the Finance Track and the Development Track.
Finance Track is managed by the Secretary (Economic Affairs), Ministry of Finance, as
India’s Deputy to G20 and the Development Track is coordinated by the Sherpa.
The Department of Economic Affairs will provide necessary support to the Sherpa.
Sherpas, who are representatives of leaders of G20 member countries, coordinate on the
agenda of the summit.
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Compendium- November, 2017
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Compendium- November, 2017
Person Resigned/Retired
Lebanese Prime Minister Saad al-Hariri resigns for his life in danger
Lebanese Prime Minister Saad al-Hariri resigned because of danger in his life.
He sensed a plot to target his life and criticising Iran and its Lebanese ally Hezbollah.
Hariri became Lebanon’s Prime Minister late last year after a political deal that also brought
Hezbollah ally Michel Aoun to office as the country’s president.
Hezbollah is politically dominant in Lebanon, but its ties to Iran and its support for Syrian
President Bashar al-Assad have angered some Lebanese.
Hariri has visited Saudi Arabia, a political foe of Iran and Hezbollah, twice in the past week,
meeting Crown Prince Mohammed bin Salman and other senior officials.
Beirut-based al-Jadeed television reported Hariri’s resignation statement was made and
broadcast from the Saudi capital Riyadh.
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Compendium- November, 2017
Sports
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Compendium- November, 2017
Mitchell Starc created history by taking a second hat-trick in the same match
The Australian bowler Mitchell Starc created
history by taking a second hat-trick in the same
match on 7 November 2017 to become the eight
bowler overall to achieve this feat in a first-class
match.
He achieved this feat in a Sheffield Shield match for
his team New South Wales (NSW) against Western
Australia.
In remarkable scenes at Hurstville Oval, the
visitors Western Australia- who were cruising at 0-179 in their second innings – lost all 10
wickets for 44 runs.
With this Starc became the first player to claim two hat-tricks in a single first-class match in
Australia and only the third Australian to achieve this feat.
He is overall eighth bowler to take a second hat-trick in the same first-class match.
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Compendium- November, 2017
She is only second Indian weightlifter after Karnam Malleswari to achieve this feat. Olympic
bronze medallist Karnam Malleshwari had won the top prize in worlds twice in 1994 and
1995.
Srikanth, Sindhu win top awards at Indian Sports Honours 2017. The Inaugural edition of
the Indian Sports Honours, which was held in Mumbai, saw Kidambi Srikanth and P V
Sindhu grab the top honours. While ace shuttler Srikanth, who won four Super Series titles
this year, won the Sportsman of the Year award, Rio Olympics silver medallist Sindhu won
the Sportswoman of the Year award in the individual sport category.
Asian Boxing Championship 2017: MC Mary Kom wins Gold in 48 kg category. This was her
fifth gold medal in the Asian Boxing Championship. In her entire boxing career, till now,
Mary has won four gold and a silver in the Asian Boxing Championship.
Kidambi Srikanth achieves career-best World No 2 ranking. India's ace shuttler Kidambi
Srikanth has achieved career-best World Number 2 ranking. The 25-year-old grabbed the
spot after jumping two places in the latest BWF rankings. He was previously placed 4th
behind Korea’s Son Wan Ho and China’s Lin Dan, both of whom have slipped down by 1
position.
India’s Ritu Phogat has won Silver medal in Under-23 Senior World Wrestling held in
Poland. She won silver medal in 48 kg category. She entered into final by defeating
Bulgarian Wrestler Selishka in Quarter finals and Chinese Wrestler Jiang Zhu in the semi-
final. In the gold medal bout (in the final match), she lost against Turkish Wrestler Evin
Demirhan and stand in second with a silver medal.
Bharat Khandare becomes the first- Indian born fighter to sign with UFC. UFC® is the
world's leading Mixed Martial Arts (MMA) organization. It has officially announced the
signing of Bharat 'Daring' Khandare (5-2-0, fighting out of Maharashtra, India). With this
addition to the world's most elite roster of MMA athletes, Khandare becomes the first ever
Indian born fighter to fight in the UFC. Making his debut at UFC FIGHT NIGHT® SHANGHAI:
BISPING vs. GASTELUM presented by General Tire on November 25th, Khandare will face
off against Chinese national, Liu Pingyuan (10-5, fighting out of China).
For the first time since 1958 Italy failed to reach the World Cup as they were held to a 0-0
draw in the second leg of their play-off at the San Siro by Sweden, who qualified with a 1-0
aggregate victory. The four-time champions dominated possession but struggled to create
enough clear-cut chances, as Sweden secured a first appearance at the finals since 2006
courtesy of Jakob Johansson's first-leg strike in Stockholm.
Indian women won the Asia Cup Hockey defeating China in a grand final. India had to wait
long for their second Women’s Asia Cup title with the last one coming way back in 2004.
India edged past China 5-4 via shootout to win the women’s Asia Cup hockey title. Now,
India has qualified for next year’s World Cup as Continental champion.
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Compendium- November, 2017
Honours / Awards
Krishna Sobti was chosen for the Jnanpith Award for 2017
Renowned Hindi littérateur Krishna Sobti has been chosen for India’s most prestigious
literary award – the Jnanpith Award for 2017.
This was announced by the Jnanpith Selection Board on 3
November 2017.
The board is chaired by noted scholar, writer and critic
Namwar Singh.
It will be the 53rd edition of this prestigious prize.
92 year old Sobti is known for experimenting with new writing
styles and creating “bold” and “daring” characters in her stories
who were ready to accept all challenges.
Her language is highly influenced by the intermingling of Hindi, Urdu and Punjabi cultures.
Some of her celebrated works include ‘Daar Se Bichhudi’, ‘Mitro Marjani’, ‘Zindaginama’,
‘Dil-o-Danish’, ‘Badalom ke Ghere’, ‘Ai Ladki’ and ‘Gujarat Pakistan Se Gujarat Hindustan’.
The Jnanpith Award is presented annually by the Bharatiya Jnanpith to an author for their
“outstanding contribution towards literature”.
Instituted in 1961, the award is bestowed only on Indian writers writing in Indian
languages included in the Eighth Schedule to the Constitution of India and English, with no
posthumous conferral.
It carries a cash prize of Rs. 11 lakh and a statue of Saraswati.
The grand finale of the most prestigious pageant was hosted by former Miss World 2013
Megan Young.
The 20-year-old medical student from Haryana had won
Femina Miss India World 2017 in May this year.
Manushi had made it to the top 5 along with contestants
from England, France, Kenya and Mexico.
The first and the second runners-up were Miss England
Stephanie Hill and Miss Mexico Andrea Meza.
Manushi Chhillar clinched the coveted crown after defeating
130 contestants from around the globe. This year at the
Miss World pageant Multimedia Award was won by Mongolia.
Beauty with a Purpose was won by South Africa, Vietnam, India, Indonesia, and Philippines
and Talent Round was won by the gorgeous Miss Malta.
The event went on with another amazing musical performance as all the delegates walked
down the stage in gorgeous evening gowns and concluded with the announcement of
winners and runners – up.
The coveted title was last won by Priyanka Chopra for India in 2000, a year after Yukta
Mookhey had made the country proud.
In 1997, Diana Hayden had bagged the title, while Aishwarya Rai had the honours in 1994.
Reita Faria was the first Indian to win the crown in the 1966.
Chennai became the third city from India to be included in Creative Cities Network of
UNESCO
Chennai became the third city from India to be included in Creative Cities Network of
UNESCO for its contributions to music.
Chennai joined the elite club of world cities on 7 November 2017 when it was included in
Creative Cities Network (CNN) of UNESCO for its contributions to music.
The city joined two other cities in India – Jaipur and Varanasi – to have figured in the
prestigious list for their contributions to music and folk arts.
Other cities included in this prestigious list this year are Cairo (Egypt), Cape Town (South
Africa), Manchester (UK) and Milan (Italy).
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Compendium- November, 2017
The dossier to nominate Chennai for the CCN was submitted a few months back to the
UNESCO by the Union culture Ministry.
Once a city is included on the list, it holds cultural events for four years to highlight its
uniqueness and it is monitored by the UNESCO.
CCN currently has 116 member cities from 54 countries, covering various fields.
Girish Karnad conferred with 2017 Tata Literature Live Lifetime Achievement Award
Actor-playwright Girish Karnad (79) was conferred with 2017 Tata Literature Live Lifetime
Achievement Award for his outstanding contribution in field of theatre
at the eighth edition of the Tata Literature festival held in Mumbai,
Maharashtra.
Other category winners
Big Little Book Awards: Nabaneeta Dev Sen.
Book of the year, non-fiction: ‘Age of Anger: A History of the Present’
by Pankaj Mishra.
Book of the year, fiction: Easterine Kire’s ‘Son of the Thundercloud’.
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Compendium- November, 2017
Professor Hiroshi Marui conferred with 3rd ICCR Distinguished Indologist Award
The third Indian Council for Cultural Relations (ICCR) Distinguished
Indologist Award for the year 2017 was awarded to Professor Hiroshi
Marui of Japan.
He was presented with this award by President Ram Nath Kovind at a
function in Rashtrapati Bhavan, New Delhi. Indology is academic study
of history, cultures, languages and literature of India and is a subset of
Asian studies.
Professor Hiroshi Marui
Professor Marui has spent over 40 years working on Indian philosophy and Buddhist
Studies. His has many acclaimed publications and research papers to his credit which are
considered as final authority on several subjects world. He is President of Japanese
Association of Indian and Buddhist Studies and has made significant contribution to
Indology in Japan.
Ruskin Bond conferred with Lifetime Achievement Award. Renowned author and Padma
Bhushan Awardee Ruskin Bond was presented with the Lifetime Achievement Award by
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Compendium- November, 2017
the Chandigarh Literary Society during the 5th edition of Chandigarh Literature Festival. He
was conferred with the award comprising a citation and Rs 2 lakh for his outstanding
contribution in the field of literature.
President Ram Nath Kovind gives away National Child Awards 2017. The President of India,
Ram Nath Kovind, gave away the National Child Awards at Rashtrapati Bhavan, New Delhi
on 14 November 2017, on the occasion of Children’s Day. The awards include the National
Child Awards for Exceptional Achievement, National Awards for Child Welfare and Rajiv
Gandhi Manav Seva Awards.
UNHCR to receive Mother Teresa Award 2017 for social justice. The award will be
presented to the UNHCR at a function on 10 December 2017 on the occasion of the
celebrations of the unique legacy of Mother Teresa, popularly known as the 'Saint of The
Gutters'.
Surat wins Best City Bus Services Award for attracting 87% of private vehicles users. Surat
city, with a population of about 45 lakhs, was heavily dependent on three wheelers and
private vehicles till 2014 when Bus Rapid Transport System (BRTS) and city buses were
made operational.
Veteran actor Mohan Joshi honoured with Vishnudas Bhave award. Renowned Indian film
and television actor Mohan Joshi has been honoured with the prestigious Vishnudas Bhave
award for his contribution to theatre. The award is conferred in memory of Vishnudas
Bhave, the founder of Marathi theatre. It comprises a trophy, a citation and a cash prize
worth Rs 25,000.
The Goa government has executed a trilateral Memorandum of Understanding (MoU) with
the Department of Bio-Technology, Ministry of Science and Technology, Government of
India (GoI) and Nobel Media, Sweden to hold the ‘Nobel Prize Series - India 2018 (Science
Impacts Life)’.It will be held from February 1-28 next year along with a month-long
exhibition brought from Nobel Museum, Sweden.The Nobel series has earlier been
organised in Gujarat.
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Compendium- November, 2017
Obituaries
Kirti Nidhi Bista (90), the former Prime Minister and veteran politician of Nepal, has passed
away on November 11, 2017 in Gyaneshwor, Kathmandu. He served as Prime Minister of
Nepal from 1969 to 1970, 1971 to 1973 and 1977 to 1979 and was also the Vice-chair in
the government led by then King Gyanendra Shaha.
Dina Wadia, daughter of Pakistan founder Muhammad Ali Jinnah and mother of
industrialist Nusli Wadia, died at her New York home. She was 98. A statement issued by
the Wadia family said that she died peacefully. It read, “She is survived by her daughter
Diana, son Nusli, her grandsons, Ness and Jeh, Jeh’s wife Celina and two great
grandchildren, Jah and Ella Wadia.”
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Compendium- November, 2017
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Compendium- November, 2017
Visit of Vice Prime Minister, Minister of Foreign Affairs and Regional Integration of the
Democratic Republic of the Congo Mr. Leonard She Okitundu to India in between November
09-11, 2017.
Visit of Prince of Wales Mr. Charles Philip Arthur George to India in between November 08,
2017.
State Visit of King Philippe and Queen Mathilde of Belgium to India in between November
05-11, 2017.
Visit of President the Republic of Armenia Mr. Serzh Sargsyan to India in between
November 02-04, 2017.
Visit of Prime Minister of the Republic of Latvia Mr. Māris Kučinskis to India in between
November 02-06, 2017.
Source of Information
http://pib.nic.in
http://india.gov.in
http://www.ibef.org
http://thehindu.com
http://jagranjosh.com
http://gktoday.in
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