Top 5 Current Affairs: 4 July 2018

Jul 4, 2018 17:19 IST
Top 5 Current Affairs: 4 July 2018

Lieutenant Governor bound by ‘aid and advice’ of elected Delhi Government: Supreme Court

A five-judge Supreme Court bench on July 4, 2018 unanimously held that the Lieutenant Governor (LG) of Delhi is bound by the “aid and advice” of the Arvind Kejriwal-led Aam Aadmi Party (AAP) Government and both have to work harmoniously with each other.

The bench noted that there is no room for anarchy or absolutism in a democracy. The real authority to take decisions lies in the elected government.

Supreme Court upholds RBI’s ban on Virtual Currencies

The Supreme Court on July 3, 2018 refused to put a stay on the Reserve Bank of India (RBI) circular prohibiting banks and financial institutions from dealing in virtual currencies, thus upholding the ban on the virtual currencies such as Bitcoin.

With this ruling, all virtual currency transactions through banks would be blocked with effect from July 6, 2018, thus, resulting in a ban.

MP government launches subsidised power scheme ‘Sambal’

The Madhya Pradesh state government on July 3, 2018 launched an outstanding power bill waiver scheme and subsidised power scheme called ‘Sambal’ for labourers and poor families.

Under Sambal Yojana, the Below Poverty Line (BPL) families would be provided electricity at a cost of Rs 200 per month. The main objective of the scheme is to make sure that all the households have power facility in the state.

NITI Aayog to organise India’s first Global Mobility Summit

NITI Aayog on July 3, 2018 announced to organise ‘MOVE: Global Mobility Summit’ in New Delhi on September 7-8, 2018 in collaboration with various ministries and industry partners.

The summit will be inaugurated by the Prime Minister Narendra Modi and will feature global political leaders from the Mobility Space. It will help drive Government’s goals for vehicle electrification, renewable energy integration and job growth, thus, speeding up India’s transition to a clean energy economy.

Cabinet approves DNA Technology (Use and Application) Regulation Bill, 2018

The Union Cabinet chaired by Prime Minister Narendra Modi on July 4, 2018 approved The DNA Technology (Use and Application) Regulation Bill 2018.

The main objective behind the enactment of the bill is to expand the application of DNA-based forensic technologies to support and strengthen the justice delivery system of the country. The use of DNA based technologies for solving crimes and to identify missing persons is well recognised across the world.


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