This Daily Current Affair Capsule is a brief collection of important news from national dailies and government releases on PIB useful for UPSC IAS, CDS, SSC CGL, NDA, etc. It covers national, international, economic, sports news.
National Important Current Affairs – 3 February 2017
☀ The government has announced measures in the Budget to bring in greater transparency in funding of political parties.
- These include capping cash funding by a single anonymous donor to Rs 2000, which is presently Rs 20,000. This would necessitate an amendment to the Representation of the People Act.
- It is also proposing electoral bonds, which will need an amendment to the RBI Act,.
☀ The Finance Minister, in his Budget Speech has announced Rs 500 cr for setting up Mahila Shakti Kendras at village level in the Anganwadi Centres (centres that provide basic healthcare and nutrition to mothers and children from low-income households).
- These centres will provide one stop convergent support services for empowering rural women with opportunities for skill development, employment, digital literacy, health and nutrition.
☀ The World Wetlands Day was celebrated on February 2 at Bhoj Wetlands, Bhopal, which is one of the 26 Ramsar sites that India has designated under the Ramsar Convention.
- The Theme of World Wetlands Day for 2017 – ‘Wetlands for disaster risk reduction’
- World Wetlands Day is celebrated on February 2 to mark the Day the Convention on Wetlands was adopted in the Iranian City of Ramsar in 1971.
- India signed the Convention in 1982 and committed to the Ramsar approach of wise use of wetlands.
☀ The Ministry of Health and Family Welfare has notified Medical Devices Rules, 2017 to remove regulatory bottlenecks and ensure availability of medical devices for patients.
- Under the new rules, manufactures will not be required to renew licenses periodically and submission of applications and grant of licenses will be done online. Manufacturing and import licences will remain valid till these are suspended, cancelled or surrendered.
- A system of ‘Third Party Conformity Assessment and Certification‘ through notified bodies accredited by the National Accreditation Board for Certification Bodies has been envisaged under the new rules.
- The rules seek to evolve a culture of self-compliance by medical devices manufacturers and the manufacturing licences for Class A medical devices will be granted without prior audit of manufacturing site.
- The new rules have been framed in conformity with Global Harmonisation Task Force (GHTF) framework and conform to best international practices.
☀ A Twitter Seva initiative of the Department of Administrative Reforms and Public Grievances (DARPG), Ministry of Personnel, Public Grievances and Pensions, to address issues relating to the DARPG like Public Grievances and Administrative Reforms etc.
- DARPG SEVA has been launched to enable the DARPG to reach out to the common public and various stakeholders for facilitating redress of grievances and other issues of importance relating to the department.
☀ Election Commission has placed the onus to fight the menace of paid news and ensure a level playing field for election candidates is on the media only. Beacuse imposing regulation on media will be an assault on free press. The media alone has the prerogative to control its content.
☀ The Union Cabinet has approved the introduction of The Indian Institutes of Information Technology (Amendment) Bill, 2017 in Parliament.
- The amendment Bill provides for inclusion of Indian Institute of Information Technology Design and Manufacturing (IIITDM), Kurnool along with the other IITs in the Principal Act. Subsequently, IITDM Kurnool will be declared as an institute of National Importance with the power to award degrees to students.
☀ A special CBI court has discharged all accused in the Aircel-Maxis case, including former Union telecom minister Dayanidhi Maran and his industrialist brother, Kalanithi Maran.
International Current Affairs Capsule – 3 February 2017
☀ A team of researchers from China has successfully utilized an innovative form of the genome-editing technique CRISPR to insert a new gene into the cow genome, which makes the animals much more resistant to tuberculosis. With this, the researchers have successfully developed live cows carrying increased resistance to tuberculosis. The CRISPR technology employed may be better suited to producing transgenic livestock with purposefully manipulated genetics.
CRISPR technology has become widely used in the laboratory in recent years as it allows scientists to snip and tuck genes from one organism to another to enhance them in some way. It’s already been done with pigs, fish, mice, and mosquitos, as well as human embryos.
☀ US President Donald Trump has nominated conservative judge Neil Gorsuch to the Supreme Court, fulfilling his campaign promise to appoint a conservative justice to replace deceased Antonin Scalia. The 49-year-old conservative is the youngest nominee to the nation’s highest court in more than 25 years.
Economics Today’s Current Affair Capsule – 3 February 2017
☀ India has signed Financing Agreement with World Bank for US$ 201.50 Million for “Third Technical Education Quality Improvement Programme (TEQIP III)”.
- The objective of this program is to enhance quality and equity in participating Engineering Education Institutes
- And to improve the efficiency of the Engineering Education System in Uttarakhand, Himachal Pradesh, Bihar, Uttar Pradesh, Madhya Pradesh, Chhattisgarh, Rajasthan, 8 North Eastern States and Andaman & Nicobar Islands.
☀ To make India an innovation-driven economy, the NITI Aayog, Department of Industrial Policy & Promotion (DIPP) and Confederation of Indian Industry (CII) have together launched a mega initiative “India Innovation Index”. It will rank states on innovations through country’s first online innovation index portal that will capture data on innovation from all Indian states on innovation and regularly update it in real time.
The India Innovation Index Framework will be structured based on the best practices followed in Global Innovation Index (GII) indicators and additionally by adding India-centric parameters those truly reflect the Indian innovation ecosystem.
The Global Innovation Index (GII)
India currently ranks 66th out of 128 countries on the Global innovation Index (GII) 2016.
It is co-published by World-Intellectual Property Organization (WIPO), Cornell University and INSEAD with CII as a Knowledge Partner since inception, has been ranking world economies including India since 2007 according to their innovation capabilities and outcomes using 82 indicators among a host of other important parameters.
It has established itself as both a leading reference on innovation and a ‘tool for action’ for policy makers.
☀ The Reserve Bank of India (RBI) has announced that it has not authorized dealings in or use of Bitcoin or any other virtual currency. Any user dealing with virtual currencies will be doing so at their own risk. People investing in virtual currencies are exposing themselves to potential financial, legal, and security-related risks.
☀ Elon Musk-led electric vehicle maker Tesla Motors has dropped the word ‘Motors’ from its name after acquiring a solar panel-making company SolarCity in a deal worth $2 billion last year.
Sports News Current Affair Capsule – 3 February 2017
☀ Chelsea and England legend Frank Lampard has ended his 21-year professional football career after announcing his retirement. The 38-year-old, who has scored a club-record 211 goals for Chelsea, won a Champions League title alongside winning 3 Premier League titles.
☀ India’s Lakshya Sen has become the World No 1 Junior Badminton player, according to the latest rankings of the Badminton World Federation(BWF).
- Lakshya, moved ahead of Chia Hao Lee of the Chinese Taipei, to attain the top spot.
- This 15 year old is the first shuttler from Dehradun, Uttarakhand to attain the numero uno spot at the international level.
- Lakshya became the youngest winner of the All India Senior Ranking Badminton Tournament in September last year.
☀ In the 2020 Tokyo Olympics, the Medals will be forged from recycled metal from old mobile phones and appliances donated by the general public to give them a sense of direct involvement in the Game.
This is our contribution towards making students more aware of what to study and what to ignore in daily news to be in touch with the important and relevant happenings of the World. This is not a substitute of daily newspaper reading. Read the newspaper daily. Have a Good Day!
We'll Teach You FREE, How You Can...
» Crack Exams Like UPSC, RPSC, NET-JRF in no time!
» We'll send you all our Daily Current Affairs, Latest Study Material Free of Cost!
» You'll also receive FREE eBooks & Questions Papers!
Sign Up Now!
Register to get our Free Study Material by email.
We never spam or share your personal information with anyone.