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Daily GK Update | Current Affairs for 30th August 2018

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India’s Economic Growth Rate to Grow at 7.4% in 2018-19: RBI

  • Mumbai, August 30: The Reserve Bank expects India’s economic growth rate to grow at 7.4 percent in the current financial year on pick up in industrial activity and a good monsoon.
  • RBI released its annual report in Mumbai on Wednesday said due to the evolving economic conditions, real GDP growth for 2018-19 is expected to increase to 7.4 percent from 6.7 percent in the previous year.

ISRO to Outsource Production Of PSLVs and SSLVs To Private Industries 

  • Indian Space Organisation to Outsource production of PSLVs and SSLVs to private industries. Actually the PSLVs stands for Polar Satellite Launch Vehicle and Small Satellite Launch Vehicles.
  • K Sivan an Indian Space Chairman in Bangalore he informed to the media persons yesterday that the Private industries will lay a prominent role in Building Capacity.

Cabinet Approves Earth Sciences Ministry’s Umbrella Scheme ‘O-SMART’ 

  • The Cabinet Committee on Economic Affairschaired by Prime Minister Narendra Modi gave its approval for implementation of an umbrella scheme ‘Ocean Services, Technology, Observations, Resources Modelling and Science (O-SMART)’.
  • The CCEA approved the scheme for implementation during the period from 2017-18 to 2019-20 at an overall cost of Rs 1623 crore.The scheme covers a total of 16 sub-projects, which address ocean development activities such as services, technology, resources, observations and science.

India and ADB Sign $375 Million Loan to Improve Irrigation Efficiency in Madhya Pradesh 

  • Asian Development Bank has signed the $375 million loan agreement for the double farming incomes in Madhya Pradesh be expanding irrigation networks & system efficiency

MoU Signed Between Department of Biotechnology and International Energy Agency 

  • The Department of Biotechnology (DBT), Ministry of Science and Technology, and the International Energy Agency (IEA)signed an MoU on Enhancing Innovation for Clean Energy Transition.

Google Unveils New Platform Named ‘Navlekha’ For Indian Publishers 

  • Google announced Project Navlekha at its 4th edition of Google for India Event held in New Delhi. Project Navlekha has been launched to enable Indian publishers of regional languages to publish their content online, without facing the trouble of selling printed copies.

4th BIMSTEC Summit 2018 Starts in Kathmandu

  • The 4th BIMSTEC Summit began in Kathmandu, Nepal.The two-day Summit will be held with the main focus on countering terrorism, enhancing regional connectivity and boosting trade.
  • The theme of the summit is’Towards a peaceful, prosperous and sustainable Bay of Bengal region’. Prime Minister Narendra Modi will hold bilateral talks with leaders of BIMSTEC countries on the sidelines of the summit.

Arpinder Singh Wins Gold in Triple Jump 

  • 48 years old Arpinder Singh has won the Gold in Triple Jump at the Asian Games with an effort of 16.77m.
  • Last India’s Gold Triple Jump in Men’s has came on 1970 from Mohinder Singh Gill.
  • Arpinder, who has been without a medal in multi-sporting events since winning a bronze in the 2014 Commonwealth Games, produced his best jump of 16.77m in his third attempt.

Swapna Barman, 1st Indian Heptathlete to Win Gold In Asian Games

  • Swapna Barman has become the 1st Indian Hepathlete to won the Asian Games in Indonesia. She created a history in the Asian Games. She got gold medal in Asian Games for Hepathletes.
  • Swapna Barman has 21 years old and logged 6026 score from the 7 events for 2 days. En route the title she won high jump (1003 Points) and javelin throw (872 points) the second best shot put with 707 points and long jump she scored 865 points.
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