Current Affairs 24th February 2017 | General Awareness 24th February 2017

1. Cabinet approvals MoU between India and Australia

• Prime Minister Shri Narendra Modi has given its approval for signing of a MoU between India and Australia for promotion and development of cooperation in civil aviation security.
•  The MoU will provide an opportunity to Indian aviation security authorities to share the expertise of their Australian counterparts and enhance the overall aviation security environment in India.

 

2. India’s GDP projected to slow to 6.6% due to demonetization Strains: IMF

• India’s growth is projected to slow to 6.6% in 2016-17 fiscal due to the strains that have emerged in the economy as a result of temporary disruptions caused by demonetization.
• The post-November 8, 2016, cash shortages and payment disruptions caused by the currency exchange initiative have undermined consumption and business activity, posing a new challenge to sustaining the growth momentum. India’s economy grew at 7.6% in 2015-16.

3. Govt doubles maternity leave for women workers in industries

• The government has allowed women working in industries to take six months maternity leave pre-empting parliamentary approval on the maternity benefit amendment bill that is pending in the Lok Sabha.
• Through an executive order, the labour and employment ministry has doubled maternity leave to six months from three for industrial women workers.
• This means about 9 million women working across various industries will get the benefit.

4. Nasscom signs MoU with ITAC Japan

• The National Association of Software and Services Companies (NASSCOM) has signed a Memorandum of Understanding(MoU) with the IoT Acceleration Consortium (ITAC) Japan.
• To collaborate to address digital technology shifts and accelerate IoT (Internet of Things) adoption at a global level across the industry.

 

5. Agreement between India and Poland

• An agreement between India and Poland has been signed on cooperation in the field of agriculture and allied sectors.
• The agreement covers various activities in the field of agriculture and allied sector.
• It provides for constitution of a Joint Working Group (JWG) comprising of representatives from both countries.

 

6. Air Service agreement between  India & Greece

• PM Shri Narendra Modi has approved the signing of Air Services Agreement between India and Greece.
• An agreement has the potential to spur greater trade, investment, tourism and cultural exchange between the two countries bringing it in tune with the developments in the civil aviation sector.
• It will provide enabling an environment for enhanced and seamless connectivity.

 

7. Book on Judicial Reforms

• PM Narendra Modi inaugurated book named ‘Judicial Reforms – Recent Global Trends’ (February 22, 2017) at Rashtrapati Bhavan.
• The book ‘Judicial Reforms – Recent Global Trends’ brought out by the India International Law Foundation is the outcome of a Seminar on ‘Recent Trends in Judicial Reforms: A Global Perspective’ held in January 2013 in New Delhi.

 

8. India win ‘Handball-on-skates’ World Championship

• India won the men’s Roll Ball World Cup Championship as they beat Iran 8-7 in the final on 22 Feb 2017.
• India also won the tournament in the women’s category, defeating Iran 6-4 in the final.
• Roll Ball is a combination of roller-skating, handball, and basketball, and it was invented by an Indian sports teacher Raju Dabhade in 2003.

 

9. India, Israel to develop missile for Army

• Ahead of the first visit of an Indian Prime Minister to Israel later this year, India has approved a deal to develop jointly a medium-range surface-to-air missile (MR-SAM) system for the Army in a Rs. 17,000-crore deal.
• This is the latest in a series of other variants of SAM systems for the Navy and the Air Force being jointly developed with Israeli help under deals estimated at billions of dollars.

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