Daily Current Affairs (English) - 04.08.2018

National

THE UNION GOVERNMENT LAUNCHES THE SCHEME SEVA BHOJ YOJNA

The Union Ministry of Culture has launched Seva Bhoj Yojna, a new scheme to provide financial assistance on purchase of specific food items by Charitable Religious Institutions (CRIs) for free distribution among people. Under this scheme, Centre’s share of Central Goods and Services Tax (CGST) charged on the raw food materials purchased by the religious institutions will be refunded.

Current perspective: A new scheme 'Service Bhoj Yojana' has been started by the Ministry of Culture of the Government of India. The total outlay for the plan for the financial year 2018-19 and 2019-20 will be Rs. 325 crore.This is a central area plan.

Objective: Under the scheme 'Charitable Religious Institutions' by the Government of India for the distribution of free food to the people, central government and service tax (CGST) and the Central Government portion of the integrated goods and service tax (IGST) paid on the purchase of specific unrefined food items. Reimbursement will be done in the form of financial assistance.

Features: The scheme is meant for reimbursement of the central item and service tax paid on the purchase of specific unrefined food items by religious institutions and the central government's share of the integrated goods and services tax to provide free food to the individuals / devotees. This scheme will be applicable only for eligible institutions under the scheme. Under the scheme, free offerings / free food / anchors / bhandara will be supported by gurudwara, temple, religious ashram, mosque, dargah, church, monastery, vihar etc.

Criteria for financial assistance: The following institutions will be included in the eligible institutions for financial assistance under the Service Bheja Scheme - Public trust or society or corporation body or organization or institution covered under the provisions of section 10 (23BBA) registered under the provisions of Section 12AA of Income Tax Act, 1961 for religious and charitable purposes or under section 10 (23BBA) of the Income Tax Act, 1961; a company formed and registered under the provisions of section 8 of the Companies Act, 1956 for the religious and charitable purposes, or Section 8 of the Companies Act, 2013; Or Society registered for religious and charitable purposes under Societies Registration Act, 1860.

It is mandatory for the above mentioned institutions to be involved in both religious and charitable activities for the free and altruistic distribution of food / offerings / anchors / Bhandara. Institutions distributing free meals, offerings and anchors for the last three years from the day of application will be eligible for financial assistance. Institutions have to provide free food to minimum 5000 persons in a calendar month.
 

International

4TH INDIA INTERNATIONAL FOOTWEAR FAIR 2018 INAUGURATED

The fourth edition of India International Footwear Fair, a premier specialized B2B event of the India Trade Promotion Organization (ITPO) will be inaugurated by Suresh Prabhu, the Minister of Commerce and Industry, Government of India, on August 2 at Pragati Maidan, New Delhi. The IIFF, which will be held from August 2 – 4, aims at highlighting trends and style to recognizing innovation and breakthrough-talent on an international scale in the footwear sector. Responding to the latest consumer trends, it will feature emerging technologies keeping in pace with the rapidly changing buyers. Apart from unveiling the export potential of India, IIFF also aims to project India as a favorite investment destination. This year, as many as 205 leading companies including 63 overseas participants from China and Taiwan are taking part. Also, a number of buyers are expected from Bangladesh, Ethiopia, Kenya, Sri Lanka, Tanzania and Uganda at this fair.

The company's footwear brands include: Sparks: This is a popular footwear brand, which includes stylish sporty and casual shoes, sandals and sleepers. Akshay Kumar advertises this brand. The range of these footwears starts at Rs 250.

Flight: Under this brand, the company makes slipper and sandals for both men and women. This brand is designed keeping in mind the needs of the whole family. Shahid Kapoor and Shruti Hassan advertise the flight brand. Its affordable products range starts from Rs. 129.

Bahamas: Under this brand, the company has launched colorful and printable flip flops. This brand is designed today by keeping youth in mind. Bahamas brands are famous among those who like experimental and fun and who like to look different in the crowd. This brand is advertised by Bollywood's brother-in-law Salman Khan, which reflects the brand's philosophy.

Relaxo: Under this famous brand, the company manufactures rubber slippers, which are prepared keeping people in all sections of the society in mind.
 

Science & Technology

BALLISTIC MISSILE INTERCEPTOR AAD SUCCESSFULLY FLIGHT TESTED

The Defense Research Development Organization (DRDO), the Indian Ministry of Defense’s (MoD) research and development wing, conducted a successful test of its indigenously designed and built Advanced Air Defense (AAD)/ Ashvin Advanced Defense interceptor missile from Abdul Kalam Island, home to the Indian military’s principle missile test facility, the Integrated Test Range, off the coast of Odisha in the Bay of Bengal.The AAD missile, a hit-to-kill interceptor, successfully destroyed an incoming medium-range ballistic missile target amid multiple electronically simulated dummy warheads used as decoys. It was the first time that the AAD was tested against multiple targets, and it constitutes a major milestone in India’s quest to develop a homegrown ballistic missile defense system. It appears that this was the first successful live fire test of a new indigenous imaging infrared (IIR) seeker, developed by DRDO, to distinguish between incoming warheads and decoys.

Indian ballistic missile defense program

  • To protect against ballistic missile attacks, India has an initiative to deploy a multi-level ballistic missile defense system.
  • It has been started mainly by looking at Pakistan's ballistic missile threat
  • Two missiles were built under this program. Advance air defense has been developed to kill Earth Air Defense and low-missile missiles to kill the high-flying missile.
  • Both missiles can kill missiles coming from 5000 kilometers away.
  • Earth Air Defense Missile was tested in November 2006 and Advanced Air Defense in December 2007.
  • India's anti-ballistic Missile Test with the Earth Air Defense Missile Test became the fourth country in the world after America, Russia and Israel.
  • The test of this system is still going on and it is officially not included in the army.

Awards

INDIAN-ORIGIN MATHEMATICIAN AKSHAY VENKATESH WINS FIELDS MEDAL 2018

Akshay Venkatesh, a renowned Indian-Australian mathematician, is one of four winners of mathematics' prestigious Fields medal, known as the Nobel prize for math.The Fields medals are awarded every four years to the most promising mathematicians under the age of 40.New Delhi-born Venkatesh, 36, who is currently teaching at Stanford University, has won the Fields Medal for his profound contributions to an exceptionally broad range of subjects in mathematics.

The citation for his medal awarded today at the International Congress of Mathematicians in Rio de Janeiro highlights his profound contributions to an exceptionally broad range of subjects in mathematics and his strikingly far-reaching conjectures.

The other three winners are: Caucher Birkar, a Cambridge University professor of Iranian Kurdish origin; Germany's Peter Scholze, who teaches at the University of Bonn and Alessio Figalli, an Italian mathematician at ETH Zurich.

Fields medal

  • Fields Medal is a prize given in the field of mathematics, which is being given since 1936.
  • The award was named in honor of Canadian mathematician John Charles Field.
  • In the International Congress of Field Medal International Mathematical Union (IMU), there is an award given to two, three, or four mathematicians under 40, which is given once every four years.
  • Field Medal is considered by the mathematician as the highest honor, and it is considered as the "Nobel Prize" of mathematics.
  • The first time the medal was awarded to Finnish mathematician Lars Ahlfors and American mathematician Jesse Douglas was awarded in 1936, and it was given every four years from 1950.
  • The aim is to give recognition and encouragement to the young mathematical researchers who have made major contributions in the field of mathematics.
  • In 2014, Mary Mirzakhani became the first Iranian and first woman to win the Field Medal.
  • Overall, sixty people have been awarded the Field Medal.

PRESIDENT OF INDIA PRESENTS OUTSTANDING PARLIAMENTARIAN AWARD FOR THE YEARS 2013-2017

Aimed to motivate elected representatives to work better, President Ram Nath Kovind on Wednesday presented the Outstanding Parliamentarian Award for 2013-2017.While the 2017 Outstanding Parliamentary award went to Biju Janata Dal (BJD) leader in the Lok Sabha Bhartruhari Mahtab, Trinamool Congress member of lower House Dinesh Trivedi took away the award for 2016. The Leader of Opposition in the Rajya Sabha, Ghulam Nabi Azad (Congress), received the award for 2015.For the year 2013 and 2014, Kovind conferred the award upon former Rajya Sabha member Najma Heptulla (BJP) and Lok Sabha Member Hukumdev Narayan Yadav, also of Bharatiya Janata Party (BJP), respectively.

Outstanding Parliamentarian Award: The Outstanding Parliamentarian Award is an award given by the Indian Parliamentary Group to an outstanding sitting Member of the Indian Parliament for overall contribution in the Indian Parliament. It was instituted in 1992 by Shivraj Patil, who was the Speaker of Lok Sabha from 1991 to 1996

Earlier MPs honored with 'Excellent MP Award':

  • Indrajit Gupta 1992
  • Atal Bihari Vajpayee 1994
  • Pranab Mukherjee 1997
  • Lal Krishna Advani 1999
  • Manmohan Singh 2002
  • Sushma Swaraj 2004
  • P Chidambaram 2005
  • Murli Manohar Joshi 2009
  • Arun Jaitley 2010

Death

JALEES SHERWANI

Jalees Sherwani, who had penned lyrics for several films like Dabangg, Wanted and Tere Naam, passed away. He was 70.Apart from writing dialogues for Sangam and Loafer, Sherwani also penned lyrics for films like Partner, Hello, Garv and Hello Brother.