Top 5 Current Affairs: 10 July 2018

Jul 10, 2018 17:20 IST
Top 5 Current Affairs: 10 July 2018

Institution of eminence status granted to IIT Delhi, IIT Bombay, BITS Pilani

The Union Government has granted the Institutions of Eminence (IoEs) status to six institutions including 3 from Public Sector and 3 from Private Sector. The decision was taken on the basis of the recommendations given by an Empowered Expert Committee.

The aim of the Institutions of Eminence scheme is to bring the selected higher educational institutions in the world’s top 500 in the next 10 years and eventually in top 100.

India, China agree to reduce tariffs on Chinese imports of Indian medicines

India and China have reached an agreement for the reduction of tariffs on Chinese imports of Indian medicines, particularly cancer drugs. The information was shared by the Chinese Foreign Ministry on July 9, 2018.

China also agreed to increase imports of Indian medicines, particularly anti-cancer drugs, as a part of its moves to broaden its trade relations amidst its on-going trade war with the United States.

The agreement is expected to usher in great opportunities for India and other countries in the region.

Union Government launches India Smart Cities Fellowship and Internship Program

Hardeep S Puri, Minister of State for Housing and Urban Affairs, on July 9, 2018 launched several new initiatives under the Atal Mission for Rejuvenation and Urban Transformation (AMRUT) and the Smart Cities Mission.

These included the India Smart Cities Fellowship (ISCF) Program; India Smart Cities Internship (ISCI) Program; Smart Cities Digital Payments Awards 2018; and ‘CITIIS’ Challenge under the Smart Cities Mission.

The Ministry also announced the implementation of the Local Area Plan (LAP) or Town Planning Scheme (TPS) in 25 cities on pilot basis under the AMRUT.

India, South Korea sign 5 MoUs for cooperation in Science & Technology

India and South Korea on July 9, 2018 signed five MoUs for cooperation in the field of Science & Technology.

The MoUs were signed at the conclusion of the 4th India-Korea Science & Technology Ministers Steering Committee Meeting. The Korean delegation was led by South Korean President Moon Jae-in, who arrived in New Delhi on July 8, 2018 on a three-day visit.

Both the sides reviewed bilateral S&T cooperation between the two countries since the last meeting of the Steering Committee at Seoul in November 2015.

Asian Development Bank approves USD 503M worth lining project of Son canal in Bihar

The Asian Development Bank (ADB) has approved USD 503-million lining project of the Son canal in Shahabad-Bhojpur region of Bihar that would bring immense benefits to the agriculture sector of the region.

The information was shared during a meeting held by Power and New & Renewable Energy Minister R K Singh on July 9, 2018 with the officials from the ADB and the finance ministry to review the progress of lining project of the Son canal.

 

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