Current Affairs Today August 28 2018

We are here for you to provide the important current affairs August 28 2018 which have unique updates of all daily events from all newspapers such as The Hindu, The Economic Times, PIB, Times of India, India Today, Indian Express, Business Standard, all Government official websites. Our complete current affairs helps you to get more marks in Banking, insurance, UPSC, SSC, CLAT, Railway and all other competitive Exams.

Click here to try Current Affairs Quiz : August 28 2018

Current Affairs Today August 28 2018

 INDIAN AFFAIRS

Centre signs MoU with 6 states for Lakhwar Yamuna basin project in Uttarakhand for water management
On August 28, 2018, Union Water Resources Minister Nitin Gadkari signed a memorandum of understanding (MoU) with 6 states for the construction of the Lakhwar multi-purpose project in the upper Yamuna basin.

Centre signs MoU with 6 states for Lakhwar Yamuna basin project in Uttarakhand for water managementThe total project is worth Rs 3,966.51 crore.
Objective:
To deal with water crisis.
Key Points:
About the state’s participation:
i. The 6 states are: Uttar Pradesh, Rajasthan , Uttarakhand, Himachal Pradesh, Haryana and Delhi.
ii. 90 per cent of the project will be funded by the Centre while the remaining amount will be paid by the six states.
iii. Out of this, 1388.28 crore rupees will be borne totally by the Uttarakhand government. It would also get the benefit of total power generation once the project is complete.
About the Project:
i. Under the agreement, the 204-metres high project will be constructed near Uttarakhand’s Lohari village with live storage capacity of 330.66 million cubic metres (MCM).
ii. This would conserve and utilise the monsoon flows of the Yamuna thus creating storage facilities in the upper Yamuna basin to deal with the water crisis between January and June.
iii. It will also provide:

  • irrigation for 33,780-hectare land ,
  • 78.83 MCM water for domestic, drinking and industrial use in the 6 states,
  • generate 300 mw of power executed by Uttarakhand Jal Vidyut Nigam Limited (UJVL)

About the Basin states:
Upper Yamuna refers to the stretch of River Yamuna from its origin to the Okhla Barrage in Delhi. The six Upper Yamuna Basin states had signed a MoU on 12th May 1994 regarding allocation of surface flow of River Yamuna.
Background:
Lakhwar will be the third such major project after Renukaji and Kishau multi-purpose projects which will take care of future drinking water needs of Delhi.

Government announces regulations for safe commercial usage of drones
ON August 28, 2018, the Union Minister of Civil Aviation Shri Suresh Prabhu announced the Drone Regulations 1.0. These regulations will enable the safe, commercial usage of drones starting December 1, 2018.
Highlights of the Regulation 1.0:
i. They are intended to enable visual line-of-sight daytime-only and a maximum of 400 ft altitude operations.
ii. According to the regulation, Air space has been partitioned into Red Zone (flying not permitted), Yellow Zone (controlled airspace), and Green Zone (automatic permission).
iii. Introduction of the Digital Sky Platform , the first-of-its-kind national unmanned traffic management (UTM) platform that implements “no permission, no takeoff” (NPNT). Users will be required to do a one-time registration of their drones, pilots and owners.
iv. Further, the Drone Task Force under the chairmanship of the Minister of State Shri Jayant  Sinha has been set up. This will provide draft recommendations for Drone Regulations 2.0.

5 day International water colour festival held in Ranchi from 23rd-27th August: Jharkhand
From August 23-27, 2018, Jharkhand government held the International water colour festival at the Audrey House in capital city of Ranchi.

5 day International water colour festival held in Ranchi from 23rd-27th August: JharkhandObjective:
To promote rich culture and art of Jharkhand and international art and give recognition to local artists.
Key Points:
i. It was organized by Department of Tourism, Art-Culture, Sports & Youth Affairs.
ii. 56 internationally renowned artists — from as many as 24 countries and 25 Indian states — participated in the five-day festival.
Jharkhand:
Capital: Ranchi.
Chief Minister: Raghubar Das.
Governor: Draupadi Murmu.
National Parks: Belta National Park.
Wildlife Sanctuaries  (11): Dalma  Wildlife Sanctuary, Gautam Buddha  Wildlife Sanctuary, Hazaribagh  Wildlife Sanctuary, Koderma  Wildlife Sanctuary, Lawalong  Wildlife Sanctuary, Mahauadanr  Wildlife Sanctuary, Palamau  Wildlife Sanctuary, Palkot  Wildlife Sanctuary, Parasnath  Wildlife Sanctuary, Topchanchi  Wildlife Sanctuary, Udhwa Lake  Wildlife Sanctuary

Logo of Ayushman Bharat Scheme was released and 29 states and UTs signed MoU for implementation of Ayushman Bharat scheme: J P Nadda
On August 28, 2018, prior to the launch of Pradhan Mantri Jan Arogya Abhiyan, known also as Ayushman Bharat scheme on September 25, 2018,Union Minister of Health and Family Welfare, Shri J P Nadda lauched its logo at an event in New Delhi.

Logo of Ayushman Bharat Scheme was released and 29 states and UTs signed MoU for implementation of Ayushman Bharat scheme: J P NaddaMoU has been signed between the Ministry of Skill Development and Entrepreneurship and the Ministry of Health and Family Welfare where one lakh ‘Aa rogya Mitras’ will be trained by Skill India.
Other announcements in the event:
i. He further announced that 29 States and Union Territories (UTs) signed the Memorandum of Understanding (MoU) for the implementation of the scheme.
ii. The pilot project has started in 16 States and UTs and others will follow before the pan India launch.
iii. He also launched the  Data Privacy and Information Security Policy and Anti-fraud Guidelines to capture fake websites.
iv. 94 controls set at various levels for secure handling of sensitive personal data has been made by the National Health Agency Information Security and Data Privacy.
v. For identification of beneficiaries of the Ayushman Bharat scheme, letters will be sent to every family having a QR code.
vi. 85 percent of rural families and 60 percent of urban families have been identified so far under the scheme.
vii. Services including more than 1,300 procedures covering pre and post hospitalisation, diagnostics, medicines among others would be provided.
viii. Three days ahead of admission and 15 day after discharge, people will be given free medicines, diagnostics and all others.
About Ayushman Bharat:
Ayushman Bharat – National Health Protection Mission is a scheme that was announced by the Union Minister for Finance and Corporate Affairs, Shri Arun Jaitely while presenting the General Budget 2018-19  will cover over 10 crore poor and vulnerable families (approximately 50 crorebeneficiaries) providing coverage upto 5 lakh rupees per family per year for secondary and tertiary care hospitalization.

Corporate sports policy for CPSEs under Steel Ministry to provide support for sports
On August 28, 2018, Union Minister of Steel, Chaudhary Birender Singh, unveiled the corporate sports policy for Central Public Sector Enterprises (CPSEs) under the Ministry of Steel.
Objective:
It would provide a framework for promotion of sports by Steel Ministry CPSEs.
Key Points:
i. All the Steel Ministry CPSEs will form an Apex Sports Body affiliated to National Level Sports Associations and FederationsIndian Olympic Association (IOA) and Para Olympic Federation and Association.
ii. Maharatna and Navaratna CPSEs may set up Sports Academy in at least one of the identified sports discipline and maintain infrastructure.
iii. According to this, the CPSEs under Steel Ministry would groom medal aspirants for the Olympic Games in particular for the Olympic Games being held in 2024.
iv. It would be done by infrastructural and institutional support for talent spotting, scholarships, training and coaching.
v. They will allocate a specific budget for sports activities, separate from the company’s CSR funds.
vi. They will encourage rural sports, sports for differently-abled and activities for homemakers by sponsoring annual and periodic sporting eventsand sponsor national and international sporting events.

National Anti-profiteering Authority launched consumer helpline to file GST profiteering complaints
On August 28, 2018, the National Anti-profiteering Authority (NAA) launched a helpline number for complaints regarding GST rate cuts
Objective:
To encourage consumers to file complaints against the companies that are not passing GST rate cut benefits.
Key Points:
i. The number is :  011-21400643 .
ii. Consumers to register their complaints, provide information and resolve queries regarding profiteering under GST.

INTERNATIONAL AFFAIRS

EU-India join hands to develop new Influenza vaccine
On 28th August 2018, Indian government and the European Union (EU) partnered for Rs. 240 crore research programme to develop a Next Generation Influenza Vaccine to protect people throughout the world.

EU-India join hands to develop new Influenza vaccineKey Points:
i. EU and the Department of Biotechnology (DBT), Government of India, have committed EUR 15 million each to fund for this cause through “Horizon 2020” programme.
ii. The projects require 3 applicants from both 3 European member states and India respectively.
iii. The call will be open till 16th April 2019 to allow applicants from other countries to join the EU-India consortia.
iv. The first information event was held in New Delhi on 27th August 2018. 100 applicants both from India and Europe participated in it.
v. In order to create awareness about the research programme, the next information sessions will be held in Hyderabad on 30thAugust, in Bangalore on 24th September and in Pune on 28th September 2018.
About European Union (EU):
♦ Member states – 28
♦ Official languages – 24
♦ Ambassador of the European Union to India – H.E. Mr Tomasz Kozlowski

BANKING & FINANCE

Axis Securities launched commodity trading with MCX
On August 28, 2018, Axis Securities launched commodity broking services with MCX and became the first bank subsidiary to enter the commodity broking business.
i. All existing Axis Direct customers can now trade in 29 commodity futures and contracts through a one-time online registration process.
ii. These cover:  industrial metals, energy and agricultural segments.
Background:
The Reserve Bank of India (RBI) last September had allowed banks to offer broking services to clients on Sebi registered commodity exchanges likeMCX and NCDEX.
Axis Security:
♦ Founded: 1984
♦ Under Axis Bank.
Axis Bank:
♦ Headquarters: Mumbai.
♦ CEO: Shikha Sharma.

BUSINESS & ECONOMY

Myanmar media group inks MoU with Prasar Bharati for mutual content sharing
On August 28, 2018, Prasar Bharati and Mizzima Media Group of Myanmar signed an MoU for cooperation and collaboration in broadcasting and content sharing in New Delhi.

Myanmar media group inks MoU with Prasar Bharati for mutual content sharingi. The agreement was signed in the presence of Prasar Bharati CEO, Shashi Shekhar Vempati and Editor-in-chief and MD, Mizzima
ii. This would include culture, entertainment, education, science, news and sports along with other areas of mutual interest.
iii. Also media exchange will take place in News and cultural contents.

AWARDS & RECOGNITION

World’s smallest medical robot sets Guinness record
Scientists have made a new Guinness World Record by developing the world’s smallest medical robot.
i. The robot is only 120 nanometres in size. It would help in cancer and Alzheimer’s treatments in the future.
ii. The series of nanorobots was created by Soutik Betal in the United States. Nanocomposite particles remotely controlled by electromagnetic field have been developed. They function like tiny robots and interact with biological cells.

Bolivian woman Julia Flores Colque might be world’s oldest at nearly 118
Julia Flores Colque of Bolivia is 117 years and 10 months old. She would be the oldest woman in Bolivia and the world.
i. But a Guinness World Record on her as world’s oldest person has not been confirmed yet.

APPOINTMENTS & RESIGNS

DHFL Pramerica Life Insurance (DPLI) appoints Kalpana Sampat as Senior Executive Vice-President & COO
DHFL Pramerica Life Insurance (DPLI) has appointed Kalpana Sampat as Senior Executive Vice-President & Chief Operating Officer (COO).
i. Earlier, Kalpana Sampat was the Chief Executive Officer of Swiss Re India. She has more than 34 years of experience in the financial services sector.

Satya Tripathi appointed Assistant Secretary General and Head of the New York Office of UNEP
Satya S Tripathi, an Indian development economist, has been appointed as the Assistant Secretary General and Head of the New York Office of the United Nations Environment Programme (UNEP).

Satya Tripathi appointed Assistant Secretary General and Head of the New York Office of UNEPi. This appointment was made by UN (United Nations) Chief António Guterres. Satya S Tripathi will succeed Elliott Harris of Trinidad and Tobago.
ii. Since 2017, Satya S Tripathi has served as Senior Adviser on the 2030 Agenda for Sustainable Development at UNEP. He has worked for the UN since 1998.

SCIENCE & TECHNOLOGY

Coast Guard offshore patrol vessel launched at L&T Shipyard in Chennai
On August 28, 2018, a Coast Guard offshore patrol vessel was launched at L&T Shipyard in Kattupalli in Chennai.
i. It is the third of series of the seven offshore patrol vessels under construction by L&T Shipbuilding Ltd.
ii. The length of the OPVs is 98 metre and breadth is 14.8 metre, with gross tonnage of 2100 tonne.
iii. It will be used for surveillance along with anti-terrorist and anti-smuggling operations in exclusive economic zone (EEZ) and for coastal security.

New technique developed to detect early-stage cancer tumour cells in blood
Australian researchers have announced that they have developed a new technique to detect early-stage cancer tumour cells in the blood through malaria protein VAR2CSA.
i . In this method malaria protein VAR2CSA sticks to cancer cells and helps detect more number of cancer cells than before. This will help in detecting cancer at early stage.
ii. The findings were published in the journal ‘Nature Communications’. Researchers from the University of New South Wales (UNSW), Sydney and the University of Copenhagen were involved in this research.

SPORTS

Asian Games 2018
Archery:
Indian women’s compound archery team settles for silver:
Indian women’s compound archery team consisting of Muskan Kirar, Madhumita Kumari and Jyothi Surekha Vennam, lost 228-231 to South Korea and won silver medal.
Indian Men’s compound archery team settles for silver:
Indian men’s compound archery team comprising Abhishek Verma, Rajat Chauhan and Aman Saini, tied with South Korea at 229-229. In the shoot-off, South Koreans won and secured the gold. The Indian men’s compound archery team received the silver medal.
Table Tennis:
Indian table tennis men’s team settled for a historic bronze medal:
Indian table tennis men’s team comprising G Sathiyan, Achanta Sharath Kamal and A Amalraj won a historic bronze medal after losing 0-3 to South Korea in the semifinal. This is the first time India has won a medal in table tennis in the Asian Games, since tables tennis was introduced in Asian Games in 1958.

  • G Sathiyan who is ranked 39, lost 11-9, 9-11, 3-11, 3-11 to South Korea’s Lee Sangsu in the opening game.
  • Sharath Kamal, who is ranked 33, lost 9-11, 9-11, 11-6, 11-7, 8-11 to South Korea’s Young Sik Jeoung in the second game.
  • Amalraj lost 5-11, 7-11, 11-4, 7-11 to South Korea’s Woojin Jang in the final game and South Korea won 3–0

Sebastian Vettel Won Belgian Grand Prix 2018
On 26th August 2018, Sebastian Vettel won the Belgian Grand Prix 2018 at Spa-Francorchamps Track in Belgium.

Sebastian Vettel Won Belgian Grand Prix 2018i. Ferrari’s Sebastian Vettel beat Mercedes’ Lewis Hamilton who tops the driver standings by a 17-point lead, and secured the first position.
ii. Mercedes’ Lewis Hamilton finished in the second position. He was followed by Red Bull’s Max Verstappen in the third position.

Manu Ginobili, four-time NBA champion with San Antonio Spurs, retires at 41 (basketball)
On 27th 2018, Manu Ginobili, Argentine basketball player, announced his retirement from basketball.
Retirement of Manu Ginobili:
i. Manu Ginobili is 41 years old.Ginobili helped the Spurs win NBA titles in 2003, 2005, 2007 and 2014.He also was a gold medalist with Argentina in 2004 and won EuroLeague Finals most valuable player honors in 2001.
ii. He has played in 23 seasons in his professional career. He was a two-time All-Star and was the league’s Sixth Man of the Year for the 2007-08 season.
About NBA (National Basketball Association):
Type – men’s professional basketball league in North America
Headquarters – New York City