Current Affairs in Short: 15 February 2018
India has signed the second loan agreement with New Development Bank (NDB) for 100 million dollars for Rajasthan Water Sector Restructuring Project for Desert Areas. The objective of the project would be to rehabilitate the 678 kilometre long Indira Gandhi Canal system built during 1958 to 1963 to prevent seepage and conserve water.
1. India's first radio festival to be held in Delhi today
• India's first radio festival was held in New Delhi on February 15, 2018, to mark the World Radio Day.
• The festival was organised by the International Association of Women in Radio and Television in partnership with UNESCO.
• It included expert panel discussions, an exhibition and live performances and touched upon the theme for World Radio Day 2018, ‘radio and sports’.
• It also examined the potential of radio as a platform for social change and ways to make it more creative and traced the journey of music on the broadcasting medium.
• The World Radio Day was celebrated across the globe on February 13, 2018.
2. Commonwealth Games 2018: Wrong date printed on opening ceremony tickets
• The tickets for the opening ceremony of the 2018 Gold Coast Commonwealth Games have been sent out with the wrong day on them.
• Over 14,000 tickets were printed for the ceremony with Thursday, April 4 written on them, when actually, April 4- the day of the ceremony - is a Wednesday.
• Other reports stated that tickets to certain games including weightlifting, table tennis and triathlon were also sent out with the wrong timings on them.
• The 2018 event will be held in Australia's Gold Coast from April 4th to 15th.
3. Jacob Zuma resigns as South Africa's president
• South Africa's embattled President Jacob Zuma announced his decision to resign through a televised address to the nation on February 14, 2018.
• The decision came right after the ruling African National Congress (ANC) party threatened to eject him from office through a parliamentary vote of no confidence.
• The 75-year-old served as the country's President for the last 9 years.
• He had been under increasing pressure to give way to Deputy President Cyril Ramaphosa, ANC's new leader.
• Zuma, a former member of the ANC's military wing in the days of apartheid, rose through the ranks of the party to become the President.
• He has several corruption allegations against him.
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4. Chennai Open ATP Challenger: Yuki Bhambri becomes the first Indian to reach quarters
• Yuki Bhambri has become the first Indian tennis player to reach the quarter-finals of the Chennai Open ATP Challenger tournament.
• Second-seeded Bhambri, made it to the last-8 after defeating fellow national Sidharth Rawat in straight sets of 6-2, 6-3.
• For a place in the semi-finals, Bhambri will meet Yasutaka Uchiyama of Japan.
• Australia's top-seeded Jordan Thompson, second-placed Korean Duckhee Lee and third-seeded Mohammed Safwat of Egypt were also among who made it to the quarter-finals.
5. BHEL bags order worth Rs 560 crore from NTPC
• The Central Public Sector Bharat Heavy Electricals Limited (BHEL) has bagged a major order worth Rs. 560 crore from the National Thermal Power Corporation (NTPC) National Capital Power Station in Dadri, Uttar Pradesh.
• The order was procured by the BHEL against stiff competition from Indian as well as multinational companies.
• It involves the installation of an indigenously developed Flue Gas Desulphurization system in the NTPC station.
• The system is aimed at controlling various harmful emissions, as per the more stringent emission norms declared by the Union Ministry for Environment.
6. India inks loan agreement with NDB for $100mn for Rajasthan Water Project
• India has signed the second loan agreement with New Development Bank (NDB) for 100 million dollars for Rajasthan Water Sector Restructuring Project for Desert Areas.
• This is the first tranche loan approved by the NDB under the Multi Tranche Financing Facility of 345 Million dollars for this project.
• The project implementation period is six years. Rajasthan government will implement the project primarily through its Water Resources Department.
• The objective of the project would be to rehabilitate the 678 kilometre long Indira Gandhi Canal system built during 1958 to 1963 to prevent seepage, conserve water and enhance water use efficiency as mandated by both national and state level policies on water use.