03-04.11.18 Kerala (KPSC) Current Affairs

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KERALA

  • Kerala govt sanctions Rs 5.04 crore for KLGDSP project

 

  • The state government has sanctioned Rs 5.04 crore from development fund of local bodies to clear project bills of Kerala local government service delivery project. A few local bodies have completed projects under KLGDSP by March 31, 2018, using world bank assistance, but the bill amount was not disbursed.

 

  • The state level co-ordination committee had decided to ask additional financial assistance from the government for the completion of the projects.

 

  • Panchayat and urban affairs directors had submitted details of bills which were not included in treasury queue.

 

 

INTERNATIONAL

 

  • India and Japan signs a Loan Agreement worth Rs. 1817 crore

 

  • A Loan Agreement worth of Rs. 1817 crore approximately was signed between India and Japan for the construction of Turga Pumped Storage (I).

 

  • The objective of the Project is to strengthen the capability to respond to fluctuation in supply and demand of power and to improve stability of the power supply.

 

  • India and Japan have had a long and fruitful history of bilateral development cooperation since 1958.In the last few years, the economic cooperation between India and Japan has steadily progressed.

 

  • This further consolidates and strengthens the Strategic and Global Partnership between India and Japan.

 

·        India-Japan first joint military exercise ‘Dharma Guardian-2018’ began in Mizoram

 

  • The first of its kind, the 14 days long joint exercise is being conducted from 01 Nov 2018 to 14 Nov 2018.
  • The Japanese contingent is being represented by 32nd Infantry Battalion while the Indian side is being represented by Gorkha Rifles.

 

 

  • Doha to host World Corporate Games

 

  • Qatar will host the 23rd edition of the World Corporate Games next year, which will provide an opportunity for corporations around the world to showcase their competitive prowess through sports.

 

  • This is the first time the World Corporate Games will be held in the Middle East.

 

  • The sporting event takes place every one to two years.

 

  • The World Corportate Games, established nearly 30 years ago, aims to bring together, the local, regional and international business sporting community.

 

 

·        Little India Gate inaugurated in Indonesia’s Medan city

 

  • Little India Gate’, the first-of-its-kind structure in Indonesia recognises the contribution of Indian community in the development of Medan city.
  • Kampung Madras area is one of the city’s significant ethnic enclaves comprising a large population of people of Indian descent whose ancestors had settled down in Medan in mid-nineteenth century.

 

 

NATIONAL

 

·        PM Modi launched portal for granting loans of up to Rs 1 crore in 59 minutes

 

  • GST-registered Micro, Small and Medium Enterprises (MSMEs) can now avail of loan of up to Rs 1 crorein just 59 minutes.
  • Over 72,000MSMEs have been sanctioned loans worth over ₹23,500 crore through the portal till date.
  • Further, the mandatory sourcing limitby state-run companies from MSMEs has been increased to 25%from the previous 20%.
  • Modi added that companies above a Rs 500 crore will now have to compulsorily be a part of TReDs (Trade Receivables Discounting System), which will also include PSUs.

 

 

·        INS Viraat to be converted into a floating maritime museum soon

 

  • INS Viraat will be India’sfirst decommissionedaircraft carrier that will be turned into an adventure and maritime tourism.
  • It will host activities like scuba diving, luxury hotel, cafeteria and other adventure sports.
  • At present, Viraat is at Mumbai’s Naval dockyard after its decommissioning in 2017.
  • As per the Maharashtra government’s Rs 852-croreplan for Viraat, the ship’s conversion will be on public- private- partnership (PPP) basis.
  • The world over, only seven aircraft carriers have been converted into museums, theme parks and luxury hotels.

 

·        Shillong to host Indian Cherry Blossom Festival from Nov 14

 

 

  • Shillong is set to host the second edition of the India International Cherry Blossom Festival between November 14 and 17.
  • This is the world’s only autumn cherry blossom festival.
  • This festival attracted more than one lakh visitors last year, boosting the local economy by 300 per cent.

 

  • Jharsuguda Airport renamed as “Veer Surendra Sai Airport, Jharsuguda”

 

  • The Union Cabinet has approved renaming of Jharsuguda Airport, Odisha as “Veer Surendra Sai Airport, Jharsuguda”

 

  • Veer Surendra Sai is a well-known freedom fighter of Odisha.

 

  • Renaming of the Jharsuguda airport in his name will fulfill long-pending demand of the Odisha Government, which reflects the sentiments of the local public of the respective area.

 

  • It will also be a befitting tribute to the contribution of the revered personality associated with the State.

 

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