31 August 2017 Current Affairs : PSU in OBC creamy layer, ISRO IRNSS-1H, EU and India, Hurricane Harvey

///31 August 2017 Current Affairs : PSU in OBC creamy layer, ISRO IRNSS-1H, EU and India, Hurricane Harvey

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 – 31 August 2017

■ The OBC creamy layer concept has now been extended to PSUs, financial institutions after a Cabinet decision was taken in this regard. The creamy layer limit of Rs 8 lakh, which is applicable on central government, will also be applicable on PSUs and financial institutions. This development comes almost 24 years after its introduction in the government.

Recall that: The Cabinet had last week raised the annual income ceiling of Rs 6 lakh to Rs 8 lakh for eligibility for reservations for Other Backward Classes.

Benefit of this move: With these decisions, the benefits will spread more widely in the OBC community. This will ensure that the children of those serving in lower categories in PSUs and other institutions can get the benefit of OBC reservations, on par with children of people serving in lower categories in government.


Indian Space Research Organisation (ISRO) will launch its navigation satellite IRNSS-1H. The satellite will lift from the second launch pad of the Satish Dhavan Space Centre at Sriharikotta, on board the rocket PSLV C39.

The satellite IRNSS-1H is a part of the indigenous navigation system called ‘NavIC,’ that was initially planned to have a constellation of seven satellites.

As the rubidium atomic clocks of the first satellite in the series called IRNSS-1A malfunctioned, the eighth one is being launched today to take up its job.


■ The Geographical Indications Registry (GIR) has granted Geographical Indication (GI) status to Gobindobhog rice, a speciality from Bardhman district of West Bengal. Bardhaman (now divided into the districts of Purba and Paschim Bardhaman) is known as the Rice Bowl of Bengal. With this recognition, the marketability of the rice would be strengthened, for the local, national and international markets.


■With an aim to bring transparency in recruit in government jobs, the Uttar Pradesh Government has removed interview in the recruitment of non-gazetted officers from Class II to IV. Interviews will however be a must for recruitment of gazetted officers in Class II.


Karnataka government will merge their existing seven health schemes to launch a unified scheme- ‘Arogya Bhagya’The government will issue Aadhaar-linked Universal Health Cards to the residents using which they can avail medical care at government-owned hospitals, medical college hospitals, and empanelled private hospitals for free.


International Current Affairs Capsule – 31 August 2017

India and the European Union (EU) have agreed to strengthen co-operation between their security and intelligence agencies to combat terrorism and check terror financing. During the 10th India-European Union Counter Terrorism Dialogue held in New Delhi, the two sides deliberated extensively on the challenges posed by radicalisation and violent extremism.


■ In the United States, the storm known as Hurricane Harvey has made its second landfall in Port Arthur, resulting in record rains and flooding in a small Texas cities that lie east of now-devastated Houston. At least 28 people are reported dead and large parts of Houston, Port Arthur and Beaumont in the State of Texas are under water. The storm has now moved to neighbouring Louisiana, where flash-flood warnings have been issued.


France, Germany, Italy, and Spain have agreed on a plan to help Chad and Niger with border control management in order to contain the flow of migrants and refugees into Europe from northern Africa. The leaders of european nations agreed to tackle illegal human trafficking by setting up a mechanism to identify legitimate migrants fleeing war under the supervision of the UN.


■ The UN global nuclear watchdog, International Atomic Energy Agency (IAEA) has opened World’s first low Enriched Uranium (LEU) Bank in Oskemen in Kazakhstan. It will be the first of its kind LEU bank not to be under control of any individual country.


■ Late fantasy novelist, Sir Terry Pratchett’s unfinished novels have been destroyed by a steamroller. His unpublished works are lost for ever with crushing of computer hard drive – as the late writer had instructed. Pratchett, famous for his colourful and satirical Discworld series, died in March 2015 after a long battle with Alzheimer’s disease. The author of over 70 novels, Pratchett was diagnosed with Alzheimer’s disease.

He went on to become an advocate for assisted dying with dignity, gave a moving lecture on the subject, Shaking Hands With Death, in 2010, and presented a documentary for the BBC called Terry Pratchett: Choosing to Die.


Economics Today’s Current Affair Capsule – 31 August 2017

■ The Reserve Bank of India has revealed in its annual report that Rs 15.28 lakh crore, or 99 per cent of the Rs 15.44 lakh crore scrapped currency notes, came back into the system after demonetisation last year. Only Rs 16,000 crore of demonetised currency was not deposited with banks, according to data in the Reserve Bank of India’s annual report. This has raised questions about effectiveness of the whole exercise, which was being touted as a big step towards curbing black money and tax evasion in form of undisclosed income.


■ The cabinet has approved an ordinance to allow the increase in cess levied on luxury cars, sports utility vehicles (SUVs) and big cars, under the goods and services tax (GST) regime. The cess is to be raised to as much as 25% from 15%. This segment has seen a price decrease post-GST, with this cess big cars are set to get more expensive.


Sports Current Affairs – 31 August 2017

■Indian boxer Gaurav Bidhuri has assured India its 1st medal at the World Boxing Championships 2017 after defeating Tunisia’s Bilel Mhamdi to enter the semifinals of the 56kg event. Bidhuri, a wildcard entrant, has become only the 4th Indian boxer to secure himself a medal in the World Boxing Championships.


■ In Cricket, Suresh Raina has been named captain of the India Blue team for the Duleep Trophy. The tournament will be held in Kanpur and Lucknow from 7th to 29th of September. Raina has not played an ODI since October 2015, was not placed in the ongoing limited overs series against Sri Lanka.


“Current Affairs Questions for UPSC IAS Prelims”

Q1. What is the name of the exercise undertaken to tap black money post-demonetisation in 2016?

  • A) Operation Sankat Mochan
  • B) Operation Clear Corruption
  • C) Operation Black Money
  • D) Operation Clean Money


Q2. Who has won the Biju Patnaik Award for Scientific Excellence-2016?

  • A) Digambar Behera
  • B) Sharat Kumar Pradhan
  • C) Prasanta Mohapatra
  • D) Bhishma Kumar Patel

Answer these questions in the comments below. We encourage you to discuss your thoughts on the news and issues mentioned in today’s current affairs post. The idea is to promote healthy discussions on interesting issues to make preparation fun. Have a good day!

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