Top 5 Current Affairs: 30 August 2018
The Day 11 of the 18th Asian Games was historic for India with two landmark gold medals coming through athletes Swapna Barman and Arpinder Singh. While Arpinder Singh ended India's 48-year wait for a gold medal in the men's triple jump event at the Asian Games as he topped the finals, Swapna Barman gave India its first-ever Asiad gold in women's heptathlon event.
Despite the slow start, the Day 11 of the 18th Asian Games was historic for India with two landmark gold medals coming through athletes Swapna Barman and Arpinder Singh. While Arpinder Singh ended India's 48-year wait for a gold medal in the men's triple jump event at the Asian Games as he topped the finals with his best effort of 16.77 metres, Swapna Barman gave India its first-ever Asiad gold in women's heptathlon event.
Barman, who has six toes in both her feet, competed in the event with her jaw taped up, as she was battling an excruciating toothache. Still, she produced her career-best performance by posting a score of 6026 points. Before her, only Soma Biswas, J J Shobha and Pramila Aiyappa have returned with a medal in the event from the Asian Games.
4th BIMSTEC Summit kicks off: PM Modi arrives in Nepal
The 4th BIMSTEC Summit began on August 30, 2018 in Kathmandu, Nepal. The two-day Summit will be held during August 30-31, 2018 with the main focus on countering terrorism, enhancing regional connectivity and boosting trade.
Theme 2018: 'Towards a Peaceful, Prosperous and Sustainable Bay of Bengal Region'. The theme will help shape a collective response to the common aspirations and challenges by the member countries.
Prime Minister Narendra Modi also arrived in Nepal's Kathmandu to attend the 4th BIMSTEC Summit. This is PM Modi’s fourth visit to Nepal during his current tenure with the most recent one in May 2018.
99.3 percent of demonetised currency returned: RBI in its Annual Report 2017-18
Over 99 percent of the demonetised currency was returned, as per the Annual Report 2017-18 of the Reserve Bank of India (RBI). The report was released on August 29, 2018.
In November 2016, the Union Government withdrew Rs 500 and Rs 1000 currency notes from the circulation with effect from November 9, 2016. The demonetisation was hailed as a step that would curb black money, corruption and check counterfeit currency.
RBI has completed the processing of demonetised Rs 500 and 1000 banknotes; 99.3 percent of the notes worth Rs 15.3 lakh crore have been returned to banks.
Union Government, ADB sign USD 375 million loan agreement to improve irrigation efficiency in Madhya Pradesh
The Union Government and the Asian Development Bank (ADB) on August 30, 2018 signed a USD 375 million loan agreement for ‘Madhya Pradesh Irrigation Efficiency Improvement Project’.
The agreement is aimed at contributing to double farming incomes in the state by expanding irrigation networks and system efficiency. The ADB funds will be used to develop a large-scale pressurised and automated irrigation system for boosting irrigation efficiency.
The Project will support institutional innovations through introduction of a design-build-operate contracting approach. It will improve water use efficiency in more than 400 villages, benefiting over 800000 people in Madhya Pradesh.
The third edition of world’s biggest open innovation model ‘Smart India Hackathon 2019’ was launched by the Union Minister for Human Resource Development, Prakash Javadekar in New Delhi on August 29, 2018.
The 2019 edition is a nationwide initiative, which aims to provide students with a platform to solve some of the pressing problems faced by people in their daily lives and thus, inculcate a culture of product innovation and a mindset of problem-solving.