We are here for you to provide the important current affairs May 3 2018 which have unique updates of all daily events from all newspapers such as The Hindu, The Economic Times, PIB, Times of India, India Today, Indian Express, Business Standard, all Government official websites. Our complete current affairs helps you to get more marks in Banking, insurance, UPSC, SSC, CLAT, Railway and all other competitive Exams.
Cabinet Approval on May 2 2018
i. Union Cabinet has given its approval for doubling the investment limit under the Pradhan Mantri Vaya Vandan Yojana (PMVVY) from Rs 7.5 lakhs to Rs 15 lakhs.
ii. Cabinet approves Mutual Recognition Agreement between the Institute of Chartered Accountants of India (ICAI) and the South African Institute of Chartered Accountants (SAICA)
iii. Union Cabinet has approved the restructuring of the Indian Bureau of Mines (IBM) by upgradation, creation and abolition of certain Joint Secretary-level posts and above.
iv. Cabinet approves Cadre review and formation of Group ‘A’ service of the technical cadre of Petroleum & Safety Organization (PESO)
v. Cabinet approves construction and operationalisation of 100 bedded General Hospital at Najafgarh, New Delhi
vi. Cabinet approves accession to the Protocol under WHO Framework Convention on tobacco control to eliminate illicit trade in tobacco products………………………………………………….Click here to Read More
Cabinet Committee on Economic Affairs (CCEA) Approvals
In a bid to help sugar mills to clear cane dues of farmers, CCEA has given its approval to provide financial assistance @ of Rs. 5.50 per quintal of cane crushed in sugar season 2017-18 to sugar mills to offset the cost of cane.
i. CCEA has approved the proposal for renaming and restructuring of Multi-sectoral Development Programme (MsDP) as Pradhan Mantri Jan Vikas Karyakram (PMJVK).
ii. CCEA has given its approval for the Umbrella Scheme, “Green Revolution – Krishonnati Yojana” in agriculture sector beyond 12th Five Year Plan for the period from 2017-18 to 2019-20…………………………………………………..Click here to Read More
Vibrant Northeast 2018 in Guwahati from May 3
On 3rd to 5th May 2018, ‘Vibrant North East 2018′ is held in Guwahati, Assam.
Vibrant North East 2018:
i. Vibrant North East 2018 is organized by Centre for Agriculture and Rural Development (CARD), a New Delhi-based NGO.
ii. This is the fourth edition of the Vibrant North East expo in Guwahati. It acts as a platform to exhibit North East’s potential and for better implementation of Central schemes in Northeast.
iii. The expo focuses on agriculture, MSME, food processing projects, horticulture, tea, spices, medicinal plants, coir, bamboo, rural craft products, eco-tourism and agro and nature tourism, commerce and rural development, skills, jobs and entrepreneurship, health, hygiene, sanitation, power, role of cooperatives in agriculture, petroleum and heavy industries.
iv. Agriculture, Food Processing, Consumer Affairs and Civil Supply, Drinking Water and Sanitation ministries are taking part in the event.
v. PL Thanga, Member Secretary of the State Planning Board, Mizoram, was the chief guest at the inaugural ceremony.
vi. An exhibition is held as a part of the expo, in which 50 stalls from several ministries are set up.
vii. 15 progressive farmers from the northeastern region will be awarded at the expo by the Indian Council of Food and Agriculture (ICFA).
viii. ICFA and All India Farmers Alliance is organising the North East Progressive Farmers’ Convention and AIFA Progressive Farmer Awards 2018 during the expo.
Some National Parks in Assam:
♦ Dibru-Saikhowa National Park
♦ Kaziranga National Park
♦ Manas National Park
Maharashtra government nod to rename North Maharashtra University after poetess Bahinabai Chaudhari
On 3rd May 2018, the Maharashtra government decided to recommend the decalartion of an ordinance to rename the Jalgaon-based North Maharashtra University after poetess Bahinabai Chaudhari.
Kaviyatri Bahinabai Chaudhari North Maharashtra University:
i. This decision was taken by the Maharashtra state cabinet chaired by Maharashtra Chief Minister Devendra Fadnavis.
ii. The North Maharashtra University is to be renamed as ‘Kaviyatri Bahinabai Chaudhari North Maharashtra University’.
iii. Bahinabai Chaudhari is a renowned poetess of the 19th century. The cabinet also, approved a revised salary increase for the Bombay High Court desk officers, equivalent to the desk officers in the state secretariat.
Some important National Parks in Maharashtra:
♦ Gugamal National Park
♦ Sanjay Gandhi National Park
Now pensioners can view passbook using Umang app
On 3rd May 2018, EPFO announced that now Pensioners can view their pension passbook on mobile phones using Umang app.
Now pensioners can view passbook using Umang app:
i. ‘View Pension Passbook’ service will be available for pensioners through Umang app.
ii. Employees’ Provident Fund Organisation (EPFO) has introduced this facility as a part of its plan to go paperless by August 2018 and offer all services online.
iii. Umang app was launched by government in 2017. It offers access to several government services at one point.
About Employees’ Provident Fund Organisation (EPFO):
♦ Headquarters – New Delhi
♦ Central Provident Fund Commissioner – Dr. V. P. Joy
Environment ministry bans party poppers
Union Environment Ministry has banned party poppers, stating that the devices pose a serious threat to human health and environment.
About Party Poppers:
i. Poppers, which are commonly used in parties and other celebrations are objects that explode when a string attached to it is pulled.
ii. Poppers are that are charged with an explosive contain plastic glittering material and the other charged chemicals mainly composed of red-phosphorous, potassium chlorate and potassium perchlorate.
iii. These materials are harmful to human health and environment. In case, they get mixed with food items, it may cause severe eye trauma or other facial injuries.
iv. A variant of poppers, that does not contain chemical explosives but compressed air as a charge and soft paper as streamers have been exempted from the ban.
v. Central Pollution Control Board (CPCB) has issued directives to all state pollution control boards and pollution control committees to take necessary steps for ensuring implementation of the ban.
Quick Facts about Central Pollution Control Board (CPCB):
♦ Formed in – 1974
♦ Parent entity – Ministry of Environment, Forest and Climate Change (MoEF&CC)
Task Force presents its report to Rajnath Singh on Establishment of CDRI
On May 2, 2018, a task force constituted by the Ministry of Home Affairs (MHA) presented its report on “Establishing a Coalition on Disaster Resilient Infrastructure (CDRI)” to the Union Home Minister Rajnath Singh.
More information about the Task Force:
i. This task force was constituted on August 18, 2017 and is headed by Ms. Preeti Saran, Secretary (East), Ministry of External Affairs.
ii. A step-by-step implementation plan and analysis in order to build and operationalise a Coalition has been provided in the report.
iii. The study of task force covers Business case for the coalition, Analysis of best practices of international partnerships in disaster risk and other thematic areas, Preliminary design of the coalition and a Roll – out plan.
iv. Forming a Coalition is in line with Prime Minister Narendra Modi’s 10-point Agenda for disaster risk reduction, outlined at the Asian Ministerial Conference on Disaster Risk Reduction (AMCDRR) held in New Delhi in November 2016.
APPOINTMENTS & RESIGNS
GroupM appoints Sameer Singh as South Asia CEO
GroupM, part of WPP group, which is a global advertising group, announced that it has appointed Sameer Singh as the chief executive officer of its South Asia operations.
Sameer Singh as South Asia CEO of GroupM:
i. Sameer Singh replaces CVL Srinivas. CVL Srinivas will now take charge as WPP India country manager.
ii. Sameer Singh will report to CVL Srinivas and Mark Patterson, CEO, GroupM Asia Pacific.
Shanti Jiban Chakma to be Sworn-in as CADC CEM
On 4th May 2018, BJP leader Shanti Jiban Chakma will be sworn-in as chief executive member (CEM) of the Chakma Autonomous District Council (CADC) in Mizoram.
Shanti Jiban Chakma to be Sworn-in as CADC CEM:
i.CEM is the administrative head of the CADC, formed under the sixth schedule of the Constitution in 1972. CADC consists of 20 members.
ii. Shanti Jiban Chakma will be sworn-in by Deputy Commissioner of Lawngtlai district, Mizoram.
ACQUISITIONS & MERGERS
Cognizant buys Belgian analytics and advisory firm Hedera Consulting
IT firm Cognizant has acquired Hedera Consulting, a Belgium-based business advisory and data analytics services company.
Cognizant buys Hedera Consulting:
i. The value of the deal was not disclosed. Hedera Consulting will be part of Cognizant Consulting business unit after acquisition.
ii. Hedera Consulting was founded in 2009. It is specialised in growth strategy, digitisation, innovation and commercial excellence for clients in various industries.
Mohamed Salah named writers’ Footballer of the Year
Mohamed Salah of Liverpool football team has been named the Football Writers’ Association Footballer of the Year for 2017/18.
Mohamed Salah – Football Writers’ Association Footballer of the Year for 2017/18:
i. Kevin de Bruyne of Manchester team came second and Tottenham’s Harry Kane occupied third position.
ii. Mohamed Salah is the first African winner of the award. Fran Kirby of Chelsea team won the inaugural FWA Women’s Footballer of the Year award.
About All India Football Federation (AIFF):
♦ President – Praful M Patel
♦ Location – New Delhi
Justin Langer Appointed Head Coach Of Australian Cricket Team
On 3rd May 2018, Cricket Australia appointed Justin Langer as the new coach of the Australian national cricket team.
Justin Langer – Head Coach Of Australian Cricket Team:
i. Justin Langer replaced Darren Lehmann. Darren Lehmann recently resigned due to the ball-tampering scandal.
ii. Justin Langer is 47 years old. He is at present in-charge of Western Australia and Perth Scorchers. He has signed a four-year agreement with Australian Board.
About ICC (International Cricket Council):
♦ CEO – David Richardson
♦ Headquarters – Dubai, United Arab Emirates
India’s Neeraj Goyat is WBC Asia Boxer of the Year
Indian pugilist Neeraj Goyat has been awarded the WBC Asia Boxer of the Year Award.
Neeraj Goyat – WBC Asia Boxer of the Year:
i. Neeraj Goyat is the current WBC Asia champion in welter weight category. Neerav Tomar was awarded the ‘WBC Asia honorary Promoter of the year 2017 Award’ by the Asian Boxing Council.
ii. The awards were presented at WBC Asia and WBC Muaythai annual awards presentation ceremony in Bangkok on 30th April 2018.
iii. Neerav Tomar is the promoter of IOS Boxing Promotions which manages Neeraj and Vijender Singh.
India slips to second position in ICC ODI rankings
India fell to second position in ICC ODI Team Rankings with England reaching the No. 1 position, as per the ICC ODI rankings released on 2ndMay 2018.
India slips to second position in ICC ODI rankings:
i. ICC ODI Team Rankings as on May 2, 2018:
- England – 125 points
- India – 122 points
- South Africa – 113 points
- New Zealand – 112 points
- Australia – 104 points
ii. There were no changes in the first seven positions in the T20I rankings. ICC T20I team rankings as on May 2, 2018 are as follows:
- Pakistan – 130 points
- Australia – 126 points
- India – 123 points
- New Zealand – 116 points
- England – 115 points
Malayalam detective novelist Kottayam Pushpanath dies at 80
On 2nd May 2018, Malayalam detective novelist Kottayam Pushpanath passed away in Kottayam, Kerala.
Death of Kottayam Pushpanath:
i. Kottayam Pushpanath was 80 years old. He had written more than hundred detective novels.
ii. Many of his novels have been translated into other South Indian languages. His first detective novel Chuvanna Mnushyan (the Red Man) was published in 1968.
Some museums in Kerala:
♦ Archaeological Museum, Thrissur
♦ Vaidyaratnam Ayurveda Museum
♦ Indian Business Museum
World Press Freedom Day – 3rd May
On 3rd May 2018, World Press Freedom Day was celebrated all over the world.
World Press Freedom Day:
i. In 1993, the UN General Assembly declared May 3 as World Press Freedom Day. 3rd May is the anniversary of the Declaration of Windhoek for media pluralism and independence.
ii. World Press Freedom Day is celebrated to highlight the fundamental principles of press freedom and to offer tribute to journalists who have sacrificed their lives while on duty.
iii. The theme for World Press Freedom Day 2018 is: Keeping Power in Check: Media, Justice and The Rule of Law.
About Press Trust of India (PTI):
♦ Chairman – Viveck Goenka
♦ Headquarters – New Delhi
World Tuna Day – 2 May
On 2nd May 2018, World Tuna Day was celebrated throughout the world.
World Tuna Day:
i. World Tuna Day has been celebrated from 2011 when the Parties to the Nauru Agreement (PNA) declared May 2nd as a holiday to highlight the importance of tuna.
ii. In 2016 the United Nations General Assembly passed a resolution to make World Tuna Day a global holiday to honor the importance of tuna.
iii. The Parties to the Nauru Agreement (PNA) has announced the theme for World Tuna Day 2018 as: Smart Tuna – Smart Ocean.
iv. The tuna fish is majorly found in Atlantic, Indian and Pacific Oceans and in the Mediterranean Sea. It forms a major form of sea food in many countries.
About Parties to the Nauru Agreement (PNA):
♦ Members – Federated States of Micronesia, Kiribati, Marshall Islands, Nauru, Palau, Papua New Guinea, Solomon Islands and Tuvalu
♦ PNA manages the world’s largest sustainable tuna species