Daily Current Affairs - 18.12.2016

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December 18: International Migrants Day

RBI opposes proposal to set up separate payments

regulator

HDFC gets RBI nod to raise Rs. 3,000 crore more in

masala bonds

PF interest rate cut down to 8.65 per cent

Paytm launches 'Each one, teach one' campaign to

increase digital inclusion

6The International Migrants Day was celebrated on 18

December by the international community to recognize

the efforts, contributions, and rights of migrants

worldwide.

6Observance of the day marks anniversary of the UN's

International Convention on the Protection of the Rights

of All Migrant Workers and Members of Their Families.

6It was approved by the UN General Assembly on Dec.

18, 1990.

6Earlier in September 2016 the UNGA had adopted New

York Declaration for Refugees and Migrants.

6The Reserve Bank of India (RBI) has opposed a move to

establish a separate entity to regulate payments and

settlements as recommended by Ratan Watal

Committee for Digital Payments.

6The 11-member committee was notified in September

2016 by the Union Finance Ministry to review existing

payment systems in country and recommend

appropriate measures for encouraging Digital

Payments.

6Mortgage major HDFC has received permission from

Reserve Bank of India (RBI) to raise Rs. 3,000 crore by

issuing 'masala bonds' after it exhausted a Rs. 5,000

crore limit to issue these bonds.

6Through the 'masala bond' route, an Indian company

raises money overseas denominated in Indian rupees.

6Nearly 15 crore people subscribed to employees

provident fund scheme will earn interest at the rate of

8.65 per cent on their savings in 2016-17.

6This is the lowest in the last seven years.

6The decision was taken at the 215th meeting of the

Employees Provident Fund Organisation (EPFO)'s

central board of trustees, chaired by Labour Minister

Bandaru Dattatreya in Bengaluru.

6Paytm has launched 'Each one, teach one' campaign to

increase the digital inclusion in the country.

6The campaign aims transforming user behavior and

further accelerating the country's ongoing shift from

cash.

6It calls upon consumers and merchants across India to

teach others on how to use Paytm to pay and accept

money.

6India's largest lender State Bank of India (SBI) launched

State Bank MobiCash Mobile Wallet. It is a joint product

by SBI and Bharat Sanchar Nigam Limited (BSNL).

6Initially, this wallet services will be available in Punjab,

Rajasthan, Haryana and Bihar and expanded pan-India

by the end of December 2016. MobiCash will allow

smartphone users to deposit cash through BSNL retail

outlets and withdraw funds from their account.

6The Union Govt has decided to set up a single

permanent Tribunal to adjudicate all inter-State river

water disputes.

6This single body will subsume all existing tribunals for

resolving grievances of inter-State water disputes in a

speedy manner.

6It will be headed by a retired Supreme Court judge.

6The Union AYUSH Ministry has launched 'Swasthya

Raksha Programme' to promote health and health

education in villages.

State Bank of India, BSNL launches MobiCash

Mobile Wallet

Govt to set up single tribunal to arbitrate inter-

State water disputes

AYUSH Ministry launches Swasthya Raksha

Programme

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6The programme was initiated through Central Council for

Research in Ayurvedic Sciences (CCRAS), Central

Council for Research in Homoeopathy (CCRH), Central

Council for Research in Unani Medicine (CCRUM) and

Central Council for Research in Siddha (CCRS).

6It was launched by AYUSH Ministry in October 2015.

Aims and objectives of Swasthya Raksha Programme

Organize Swasthya Parikshan Camps, Swasthya

Rakshan OPDs and Health and Hygiene awareness

programme Create awareness about cleanliness of

domestic surroundings and environment.

6The sixth edition of Asia Pacific Ministerial Conference on

Housing and Urban Development (APMCHUD) held in

New Delhi has adopted New Delhi declaration to adopt

Urban Plus approach.

6This was the first such meeting held to discuss ways of

realising the New Urban Agenda that was finalised during

the UN Conference on Housing and Sustainable Urban

Development (also known as “Habitat III” conference)

held in Quito, Ecuador in October 2016.

6Its theme of conference was 'Emerging Urban Forms-

Policy Reforms and Governance Structures in the

Context of New Urban Agenda'.

6The Union govt has formed a high-level inter-ministerial

task force to look into all the strategic aspects of Indus

Water Treaty (IWT) with Pakistan.

6Mandate of Task force is to take all important strategic

and policy decisions.

6Thus, it will be an all-powerful body which will take

decisions regarding the treaty.

6It will be headed by Prime Minister's Principal Secretary

Nripendra Mishra.

Asia Pacific nations adopt New Delhi Declaration

for Urban Plus approach

Union Govt forms high-level task force on Indus

Water Treaty

Himachal Pradesh becomes sixth in India to attain

100% Aadhaar saturation

Himachal Pradesh's first Cybercrime police station

opens in Shimla

6Himachal Pradesh became sixth state/UT in the Country

to achieve 100 percent Aadhar saturation on the basis of

population of year 2015.

6Himachal Pradesh's first Cyber Crime Police Station was

opened at state police headquarter in Shimla.

6The main objective of this police station is to deal with

increasing crime based on misuse of information

technology by the High tech criminals.

6This police station will investigate cyber offences like

hacking of government web sites and its data,

prevention and detection of cyber terrorism & financing

all types of cyber fraud cases.

6India's first transgender school will be inaugurated at

Sahaj International School in Kochi, Kerala on

December 30, 2016 by transgender rights activist and

artist Kalki Subramaniam.

6The purpose of this school is to provide transgenders

security, salvation and sustainability.

6The school will provide education and examination

equivalent to Class X and XII.

6The students will be selected from different sections of

the transgender community itself, which includes a

disabled person and a migrant.

6India and Tajikistan have signed four agreements in

areas including on double taxation avoidance, money

laundering and counter-terrorism.

6These agreements were signed following delegation level

talks between Prime Minister Narendra Modi and visiting

President of Tajikistan Emomali Rahmon in New Delhi.

6Signed agreements are

6Memorandum of Understanding (MoU) on

Broadcasting in Exchange of Audio Visual Programs

6MoU for cooperation in the exchange of financial

intelligence related to money laundering, related crimes

and financing of terrorism.

6Protocol amending the Agreement for the avoidance of

double taxation and prevention of fiscal evasion with

respect to taxes on income.

6Announcement of initiation of Bilateral investment treaty

between both countries.

India's first Transgender School to be inaugurated

in Kochi

India, Tajikistan ink four agreements