Daily Current Affairs, 25th October 2017 - VISION

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Wednesday, October 25, 2017

Daily Current Affairs, 25th October 2017







1) Madhya Pradesh Tops in Digital Initiatives: Survey
•Madhya Pradesh has emerged as the top state in terms of digital initiatives undertaken, with a maximum score of 100.1 on performance index, followed by Maharashtra at 99.9 and Andhra Pradesh at 99.8, according to a report by Coeus Age Consulting.

•Chhattisgarh (97.4) and Karnataka (95.3) occupied the fourth and fifth positions in the list, respectively. The report is based on a comparative assessment of digital initiatives by 36 states and Union Territories.

2) Tamil Nadu Government Laid Foundation Stone for Rs. 198 cr Aerospace Park
•The Tamil Nadu Chief Minister, Edapaddi K Palaniswami, laid the foundation stone for an aerospace park at Kanchipuram district to be set up by the State Government in 245 acres and at an estimated cost of Rs 198 crore.

•When fully ready, the park will attract a total investment of nearly Rs 1,000 crore and create job opportunities for nearly 30,000, according to the State government.

3) 30th Edition of CORPAT Begins Between Indian-Indonesian Navy
•Indian Navy Ship Sukanya under the command of Commander SA Deodhar has arrived at Belawan Indonesia to participate in the 30th edition of CORPAT (Coordinated Patrol) and 3rd Bilateral exercise between the Indian Navy and the Indonesian Navy.

•The exercise is aimed to foster closer maritime ties with countries located on the rim of the Indian Ocean. The two navies have been carrying out CORPAT on respective sides of the International Maritime Boundary Line (IMBL) twice a year since 2002.

4) Deadline for mandatory linking of Aadhaar to govt schemes extended till March 31, 2108
•The Centre today told the Supreme Court that the deadline for mandatory linking of Aadhaar to avail benefits of various government schemes would be extended till 31st of March next year. Attorney General K K Venugopal told the apex court bench headed by Chief Justice Dipak Misra that the deadline for Aadhaar linking to avail benefits of the schemes was to end in December and it has now been decided to extend it till 31st March, 2018.

•The counsel appearing for petitioners, who have challenged the government's move to make Aadhaar mandatory for these schemes, raised the issue of the mandatory linking of Unique Identification Authority of India (UIDAI) number with bank accounts and mobile numbers.

5) RBI to Make LEI Must for Companies with Over Rs 5 Crore Exposure
•After making Legal Entity Identifier (LEI) mandatory for transactions in interest rate, forex and credit derivative market, the Reserve Bank of India (RBI) is set to make LEI compulsory for companies having aggregate fund-based and non-fund based exposure over Rs 5 crore.

•Banks will be required to capture this number in the Central Repository of Information on Large Credits (CRILC) database that captures details of loan above Rs 5 crore. The LEI number will help banks in monitoring the aggregate exposure of corporate borrowers. Firms can obtain their LEI code from Legal Entity Identifier India Ltd. (LEIL).

6) Jitu Rai and Heena Sidhu Strike Gold in ISSF World Cup
•Jitu Rai and Heena Sidhu combined to give India their first gold medal of the International Shooting Sports Federation‬ (ISSF) World Cup Final in New Delhi. 

•They clinched the top honors in the 10m air pistol mixed team event on the opening day of competitions. Rai and Sidhu picked up their third gold together in the mixed team event, being held officially for the first time at an ISSF World Cup.