Daily Current Affairs (English) - 07.04.2018

Daily Current Affairs

CWG 2018: Weightlifter Sathish Sivalingam Clinches Gold Medal in weightlifting


India continued to go strong at the Commonwealth Games 2018 weightlifting events with Sathish Kumar Sivalingam bringing the country its third gold medal, in the men's 77-kg category and extending India's medal tally to five.

  • He finished with a total effort of 317 kg (144kg snatch+173kg clean and jerk). Such was his domination that Sathish did not even require a third attempt at clean and jerk.
  • Sathish finished with a total effort of 317 kg (144kg snatch+173kg clean and jerk) to bring India's third gold medal at 2018 CWG
  • His snatch attempts comprised impressive lifts worth 136kg, 140kg and 144kg
  • Such was his domination that Sathish did not even require a third attempt at clean and jerk


POSHAN Abhiyaan (National Nutrition Mission)

POSHAN Abhiyaan under Innovation component, envisages undertaking activities to be implemented intended to improve the service delivery system, capacity building of front line functionaries and community engagement for better nutritional outcomes. The successful pilots may be taken up later-on for scaling up in similar contextual specificities on a broader platform.

The annual targets set under POSHAN Abhiyaan beginning 2017-18 are as under:

  • Prevent and reduce stunting in children (0-6years): By 6% @ 2% p.a.
  • Prevent and reduce under-nutrition (underweight prevalence) in children (0-6 years): By 6% @ 2% p.a.
  • Reduce the prevalence of anemia among young Children(6-59 months): By 9% @ 3% p.a.
  • Reduce the prevalence of anemia among Women and Adolescent Girls in the age group of 15-49 years: By 9% @ 3% p.a.
  • Reduce Low Birth Weight (LBW): By 6% @ 2% p.a.
  • The target of the mission is to bring down stunting among children in the age group 0-6 years from 38.4% to 25% by 2022.


India has overtaken Japan to become the world’s second-largest producer of crude steel

In a major achievement, India has overtaken Japan to become the world’s second-largest producer of crude steel in February, according to the Steel Users Federation of India (SUFI). At present, China is the largest producer of crude steel in the world, accounting for more than 50% of the production. India’s crude steel production was up 4.4% and stood at 93.11 million tonnes (MT) for the period April 2017 to February 2018, compared with April 2016 to February 2017.

India overtook the U.S. in 2015 to become the third largest producer of crude steel. Attributing the growth in steel production to the policies undertaken by the government, Nikunj Turakhia, president, SUFI said, “The government has taken a host of steps to curb imports, push local demand with initiatives like ‘Make in India’, and implement GST and infrastructure projects, to encourage the domestic market.” According to the World Steel Association, India produced 8.4 MT of crude steel in February 2018, up 3.4% over February 2017.


After US and China, India third-most vulnerable country to cyber threats

India emerged as the third most vulnerable country in terms of risk of cyber threats, such as malware, spam and ransomware, in 2017, moving up one place over the previous year, according to a report by security solutions provider Symantec.

  • In 2017, 5.09% of global threats detected were in India, slightly less than 5.11% in 2016. The U.S. (26.61%) was most vulnerable to such attacks, followed by China (10.95%), according to ‘Internet Security Threat Report’.
  • The global threat ranking is based on eight metrics — malware, spam, phishing, bots, network attacks, web attacks, ransomware and crypto miners.
  • As per the report, India continues to be second most impacted by spam and bots, third most impacted by network attacks, and fourth most impacted by ransomware.


16th International Energy Forum (IEF)

India is hosting the 16thInternational Energy Forum (IEF) Ministerial Meeting in New Delhi. The IEF Ministerial meetings are informal dialogues, at both the political and technical levels, aimed to improve policy and investment decisions, and through increased knowledge and experience sharing.

The biennial IEF Ministerial Meetings are the world’s largest gathering of Energy Ministers who engage in a dialogue on global energy issues. It serves as a neutral facilitator of informal, open, informed and continuing global energy dialogue among its members comprising of energy producing and energy consuming states, including transit countries.

  • By virtue of being among the top 11 largest consumers of oil and gas (India is presently 4th), India has been the Permanent Member of the Executive Board since its set-up in 2002.
  • India had earlier hosted the 5th IEF Ministerial in 1996 at Goa.
  • The Executive Board (EB) set up in 2002 comprising of 31 designated representatives of Ministers of the member states comprise the governing board of IEF.
  • Energy security continues to top the political agenda for energy importing as well as exporting countries, for industrialized as well as developing economies.
  • This has prompted some to re-think fundamental policies. And the policy tuning of one country to meet new challenges and to reduce its particular energy uncertainties can in itself exacerbate uncertainties or create new ones for others.


RBI bars banks to deal with virtual currencies

The Reserve Bank of India (RBI) has asked banks to stop providing service to any entity dealing with virtual currencies, with immediate effect. Regulated entities that are already providing such services should exit the relationship within three months.

RBI also said it would explore introducing digital currency and had formed an interdepartmental group to study and provide guidance on the desirability and feasibility to introduce a central bank digital currency. The report will be submitted by end-June 2018.

  • Despite numerous advantages and user friendly processes, cryptocurrencies have their own set of associated risks in the form of volatility in valuation, lack of liquidity, security and many more.
  • Cryptocurrencies are being denounced in many countries because of their use in grey and black markets. There are two sets of interconnected risks; one being to the growth and expansion of these platforms in the uncertain policy environment, and the other being the risks these platforms pose to the users and the security of the state.
  • They also have the potential use for Illicit Trade and Criminal Activities and can be used for Terror Financing.
  • They also have the Potential for Tax Evasion.


India, Japan, and the US hold the 9th trilateral meeting

Connectivity, counter-terrorism, and freedom of navigation were among the various issues discussed during the 9th India-Japan-US trilateral meeting held in New Delhi recently.

  • The meeting comes a fortnight before a summit between American president Donald Trump and Japanese prime minister Shinzo Abe at Mar-a-Lago, Trump’s Florida resort.
  • The Indian team was led by Munu Mahawar, JS Americas and Pranay Verma, JS East Asia, in the Ministry of External Affairs, while the US team was jointly led by Alice Wells, principal deputy assistant secretary of state for South and Central Asian Affairs and Susan Thornton, acting assistant secretary of state for East Asian and Pacific Affairs.
  • The Japanese team was headed by Satoshi Suzuki, director general foreign policy bureau of the ministry of foreign affairs.


National Maritime Day: April 5

  • In India, 5 April is marked as the National Maritime Day every year. On 5 April 1919 navigation history was created when SS Loyalty, the first ship of The Scindia Steam Navigation Company Ltd journeyed to the United Kingdom.
  • This was a crucial step in India shipping history when sea routes were controlled by the British.
  • The theme of the 55th edition of the National Maritime Day 2018 celebrations is “Indian Shipping – An Ocean of opportunity”.
  • This day is celebrated to illustrate the awareness in supporting intercontinental commerce and the global economy as the most well-organized, safe and sound environmentally responsive approach of transporting goods from one corner to another corner of the world.


Sanjita Chanu wins India’s 2nd gold at XXI CWG 2018

Indian weightlifter Sanjita Chanu won gold in the women’s 53kg category at the 2018 Commonwealth Games on 5th April. The Manipuri star lifted a total of 192 kgs which included a CWG record of 84 kgs in the snatch and 108 kgs in clean and jerk.

  • Defending champion Loa Dika Toua of Papua New Guinea was a distant second with 182 kgs while Canada’s Rachel Leblanc-Bazinet took bronze with 181 kgs.
  • This was India’s second gold at the Gold Coast Games. Fellow Manipuri weightlifter Mirabai Chanu had won gold with spectacular record-breaking attempts in the women’s 48kg. Sanjita was by far the most dominant competitor in both snatch and clean and jerk.
  • She took the lead in the snatch with an opening attempt of 81 kgs.