Daily Current Affairs – 02/07/2017


1) Innovate in India (i3):-

  • In a bid to create a globally competitive biopharmaceutical industry that addresses the country’s major concerns around barriers to affordable healthcare, innovate in India (i3) program has been launched.
What you need to know about innovate in India (i3)?
  • It is a 250 million USD program of the Department of Biotechnology (DBT) and Ministry of Science & Technology in collaboration with World Bank.
  • It will be implemented by Biotechnology Industry Research Assistance Council (BIRAC), a Public Sector Enterprise, set up by DBT.
  • It is a first- of-its-kind mission that brings together industry and academia to promote entrepreneurship and indigenous manufacturing in the biopharmaceutical sector.
Significance of this program:-
  • This endeavor will help nurture next- generation technical skills; promote entrepreneurship; and support institutions in adoption of global innovations, technologies, and licensing models.
  • It will provide young entrepreneurs the confidence as well as the systemic support to pursue their aspirations in biotechnological innovation, and transform India into a global hub for cutting-edge biotechnology research and development.

2) Mizoram celebrates 31st anniversary of Mizo peace accord:-

  • The 31st anniversary of the signing of the historic Mizo peace accord between the Union government and the erstwhile underground Mizo National Front (MNF) was celebrated on 30th June in Mizoram.
  • The Mizo Accord was signed on June 30, 1986 ushering in an era of peace after 20 years of violence and disturbance in the state.
What you need to know about Mizo peace accord?
  • Under the Accord, the government agreed to grant full statehood to Mizoram, along with its own High Court. A university was proposed. The Accord promised constitutional protection for Mizo religious and social customs, and laws of the Mizo people.
  • Mizo was notified as an official Indian language. The MNF agreed to break all contact with other insurgent groups in the Northeast.
  • The signatories were Laldenga, leader of the movement, R. D. Pradhan, Home Secretary, and Lalkhama, Chief secretary.

3) Petya ransomware:-

  • A new ransomware going by the name Petya has had a major impact on the operations in India. Cyber security experts claim India’s critical infrastructure remains vulnerable to such attack even as the country’s largest container port – Jawaharlal Nehru Port Trust (JNPT) – has been affected, prompting authorities to contain the disruption in emergency mode.
What is Petya?
  • Petya relies on the same NSA-leaked EternalBlue exploit that was used by WannaCry, but that’s only one of its strategies to burrow itself across computers.
  • Petya infects computers and locks down their hard drives. It demands a ransom of $300 (Rs 19,000) in Bitcoins. The email associated with the ransomware has been blocked, so even if victims pay, they won’t get their files back.
  • Once it infects a computer, Petya waits for 10-60 minutes, and then reboots the computer. It then encrypts the master file table and then overwrites the master boot record with a custom loader. It places a ransom note to explain what users must do to regain control.
What is ransomware?
  • A piece of malicious software which takes control of your system and files. Upon taking over, it applies encryption on those files and asks for money for a key that can restore the files. The ransomware often scrambles file names and changes their extension.

4) India gives $100,000 to UN Tax Fund:-

  • India has contributed $100,000 to a UN fund to help developing countries actively participate in the discussion of tax issues, becoming the first country to make the contribution.
What you need to know about the UN Tax Fund?
  • The UN Tax Trust Fund aims to support the work of the Committee of Experts on International Cooperation in Tax Matters (the UN Tax Committee).
    Voluntary contributions for the fund have been called for by the UN and the committee since its establishment in 2006.
  • The call for contributions was also emphasised in the Addis Ababa Action Agenda adopted at the third International Conference on Financing for Development in 2015.
  • Through the fund, the UN expects that more developing countries will draw upon the best practice of other bodies, ensuring that global tax cooperation norms and rules will work more effectively and efficiently for all countries and all stakeholders.
About Addis Agenda:-
  • The Addis Agenda provides a global framework to ensure the effective mobilisation of resources at the national and international level for sustainable development.
  • Implementation of the Addis Agenda supports the implementation of the Sustainable Development Goals (SDGs) and is an integral part of the 2030 Agenda for Sustainable Development, the historic and transformational agenda that countries unanimously adopted in 2015.

5) Prime Minister Inaugurates Textiles India 2017:-

  • Narendra Modi inaugurated Textiles India 2017, India’s first ever mega textiles trade fair, being held at Gandhinagar, Gujarat.
  • The Prime Minister expressed the hope that Textiles India 2017 helps familiarize global & Indian leaders with India’s enabling policy environment, strengths & vast opportunities.

6) Railways, NBCC To Redevelop 10 Railway Stations:-

  • Rail Land Development Authority joined hands with National Building Construction Corporation for redevelopment of 10 railway stations across the country on global standards.
  • The Railways has embarked on an ambitious project to redevelop 403 stations with the participation of private players, public sector and foreign agencies.
  • The identified stations to be taken up initially by NBCC for redevelopment are Tirupati, Sarai Rohilla (Delhi), Nellore, Puducherry, Madgaon, Lucknow, Gomtinagar, Kota, Thane (New), and Ernakulam.

7) I-T Dept Notifies Form For Linking Aadhaar-PAN Manual:-

  • The Income Tax Department has introduced a one-page form for taxpayers to manually apply for linking their Aadhaar with Permanent Account Number (PAN), apart from the available online and SMS facilities.
  • An individual will have to mention both PAN and Aadhaar numbers and have to undertake a declaration stating they have not been allotted any other PAN than the one mentioned on the form.

8) Telangana To Have Separate Agriculture Budget From Next Year:-

  • Telangana will have a separate budget for Agriculture from next year. This was decided after Chief Minister, K. Chandrasekhar Rao met the Ministers and officials on Agriculture. He said it has also been decided to enhance fund for agriculture sector.
  • Telangana:-

Capital: Hyderabad
Chief Minister: Chandrasekhar Rao
Governor: E. S. L. Narasimhan

9)Aadhaar Centres Only At Govt. Premises From September:-

  • Aadhaar-issuing authority UIDAI has asked States to ensure that all enrolments, even those by private agencies, shift to government or municipal premises from external sites by September.
  • The move will have a bearing on 25,000 active enrolment centres across India and ensure that they come under direct supervision of the authorities.