Top 5 Current Affairs: 5 March 2018
The Union Ministry of Women and Child Development have approved the projects worth Rs 2,919 crore under the Nirbhaya Fund for creating “safe cities”. Through this fund, the special focus will be given on women safety in public spaces and quick response systems to create deterrence against crime in these safe cities.
Government clears Rs 2,919 crore Nirbhaya fund for creating 8 ‘safe cities’ for women
The Union Ministry of Women and Child Development have approved the projects worth Rs 2,919 crore under the Nirbhaya Fund for creating “safe cities”.
Through this fund, the special focus will be given on women safety in public spaces and quick response systems to create deterrence against crime in these safe cities. The Eight cities which are selected for initiatives to take shape include Delhi, Mumbai, Chennai, Kolkata, Ahmedabad, Hyderabad, Bengaluru and Lucknow.
Assembly Election Results 2018: NDA sweeps Nagaland and Tripura, split verdict in Meghalaya
The verdict of the 2018 Assembly Elections in the three north-eastern states- Nagaland, Tripura and Meghalaya-is out.
While the BJP-led NDA swept through Nagaland and Tripura, retaining the former and ending the 25-year-old rule of the left in the latter, elections in Meghalaya resulted in a hung assembly with the BJP likely to take power despite its low numbers.
Oscars 2018: ‘The Shape of Water’ won maximum awards
The 90th Academy Awards, popularly known as Oscar Awards, were conferred on March 4, 2018 (March 5 as per Indian time).
The award ceremony, hosted by comedian Jimmy Kimmel, was held at the Dolby Theatre in Hollywood, Los Angeles. The nominees were announced on January 23, 2018 through a global live stream from the Academy. While the movie ‘The Shape of Water’ led all nominees with thirteen nominations, Dunkirk came in second with eight, and Three Billboards Outside Ebbing, Missouri came in third with seven.
Union Cabinet approves Fugitive Economic Offenders Bill, 2018
The Union Cabinet chaired by Prime Minister Narendra Modi on March 1, 2018 approved the proposal of the Ministry of Finance to introduce the Fugitive Economic Offenders Bill, 2018 in Parliament.
The main objective of the bill is to lay down measures to deter fugitive economic offenders from evading the process of Indian law by remaining outside the jurisdiction of Indian courts. The Bill is expected to restore law and order, as with its implementation the fugitive economic offenders would be forced to return to India to face trial for their offences.
Union Cabinet approves setting up of National Financial Reporting Authority
The Union Cabinet chaired by Prime Minister Narendra Modi on March 1, 2018 gave its approval for the establishment of the National Financial Reporting Authority (NFRA).
The NFRA will be established as an independent regulator for the auditing profession. The development is one of the key changes brought in by the Companies Act, 2013.