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Current Affairs
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Important Current Affairs 11th January 2019

National News

Agreement for Renukaji dam multipurpose project Signed
The Agreement for the construction of Renukaji Dam Multi-Purpose Project was signed by six states, Haryana, Himachal Pradesh, Uttarakhand, Delhi, Rajasthan and Uttar Pradesh in the presence of Union Water Resources Minister Nitin Gadkari.
Features of the Project
The important features of the project are:
Renukaji Dam Multi-Purpose Project is a storage project on the Giri river which is tributary of the Yamuna at Sirmour district of Himachal.
A 148 m-high rock-filled dam would be constructed across the river Giri.
The project also involves the generation of 40 MW of power during peak flow to be executed by Himachal Pradesh Power Corporation Ltd (HPPCL).

India Manufacturing Barometer 2019 Report 
The India Manufacturing Barometer 2019 Report has been prepared by Federation of Indian Chamber of Commerce and Industry (FICCI) in association with PwC.
The report was prepared based on the survey of companies which contribute approximately 12 per cent to the manufacturing Gross Domestic Product (GDP) of the country from the automobiles, chemicals, electrical machinery, food processing, leather, pharmaceuticals and textiles sectors.
Findings of the Report
The important findings in the India Manufacturing Barometer 2019 are:
India would witness faster growth in the next 12 months driven by expanding domestic market, technology and increased spending.
Around 74 per cent of companies surveyed believes that the next 12 months will see faster growth in their sector.
Around 58 per cent of those surveyed believes that their sector would grow faster by at least 5 per cent.


RBI tweaks Gold Monetisation Scheme 
The Reserve Bank of India (RBI) has made changes with the Gold Monetisation Scheme (GMS) to allow charitable institutions, central government entities and state government entities to deposit gold under GMS.
Now the entities allowed to deposit gold under the scheme include Resident Indians [Individuals, HUFs, Proprietorship & Partnership firms, Trusts including Mutual Funds/Exchange Traded Funds registered under SEBI (Mutual Fund) Regulations, Companies, charitable institutions, Central Government, State Government or any other entity owned by Central Government or State Government.

West Bengal exits Ayushman Bharat scheme 
The government of West Bengal has decided to exit from the Centre’s ambitious Ayushman Bharat- Pradhan Mantri Jan Aarogya Yojana.
Reasons cited by the West Bengal for the Withdrawal
The letter of the West Bengal government to the Secretary of the Department of Health and Family Welfare,  Government of India  has cited the following reasons for the withdrawal:
The Government of India was issuing entitlement letters to the beneficiaries without the knowledge of the state government.
Prior to the launch of the Ayushman Bharat scheme, West Bengal had well established Swasthyasathi. It was agreed to retain the name of Swasthyasathi, this was even acknowledged in the MoU between the State and the Ministry of Family and Health, Government of India. But the centre has unilaterally changed the name of the scheme to Ayushman Bharat- Pradhan Mantri Jan Aarogya Yojana.

National Clean Air Programme Launched 
The Union Environment Minister Harsh Vardhan launched the National Clean Air Programme (NCAP). The programme aims to tackle the challenge of increasing pollution in the cities and towns.
Features of the Programme
The important features of the programme are:
It is a five-year action plan with a tentative target of 20-30% reduction in concentrations of PM10 and PM2.5 by 2024, with 2017 as the base year.
The plan covers 102 non-attainment cities, across 23 states and Union territories, which were identified by the Central Pollution Control Board (CPCB) on the basis of their ambient air quality data between 2011 and 2015.

NIC Command and Control Centre Inaugurated

The Minister for Electronics and IT (MeitY) Ravi Shankar Prasad inaugurated the National Informatics Centre (NIC)’s Command and Control Centre (CCC) and its Centre for Excellence in Artificial Intelligence.
Role of Centre’s Command & Control Centre
National Informatics Centre hosts over 10,000 e-Governance applications and offers Data Centre and Cloud services to the Government.
The Command and Control Centre is set up as a specialized facility with a nationwide view of ICT infrastructure for effective monitoring and management of the performance & availability of all these critical services. The Command and Control Centre will increase the agility of NIC’s nationwide ICT infrastructure.
 

International News

Cabinet approves Currency Swap Agreement with Japan 
The Union Cabinet has approved India’s Currency Swap Agreement with Japan. The $75-billion bilateral currency swap arrangement is a milestone in mutual economic cooperation and special strategic and global partnership between two countries.
Currency Swap Agreements
A Currency swap agreement is a foreign exchange agreement between two parties to exchange a given amount of one currency for another and, after a specified period of time, to give back the original amounts swapped.
 

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