Current Affairs 13 December 2017

Regular update about the important current events is necessary for good scores in any Govt. Exam.In General Knowledge part current Affairs plays an important role. Here are some of the current update.


Current Affairs 13, December

India Signs Loan Agreement with World Bank for ‘SANKALP’ Project 

  • A Financing Agreement for IBRD loan of USD 250 million (equivalent) for the “Skills Acquisition and Knowledge Awareness for Livelihood Promotion (SANKALP) Project” was signed with the World Bank.
  • The Objective of the project is to enhance institutional mechanisms for skills development and increase access to quality and market-relevant training for the work force.
  • The Key result areas for the project include Institutional Strengthening at the National and State Levels for Planning, Delivering, and Monitoring High-Quality Market-Relevant Training; Improved Quality and Market Relevance of Skills Development Programs; Improved access to and completion of skills training for female trainees and other disadvantaged groups; and Expanding skills training through private-public partnerships (PPPs).

Ministry of Railways introduces Online Bill tracking system for Vendors & Contractors 

  • To enhance transparency in the processing and settlement of bills, Indian Railways have introduced a bill tracking system for contractors/vendors of Indian Railways to track status of their bills.
  • This is in line with the emphasis given by Minister of Railways on increased use of information technology to go digital and online.

Rajasthan becomes first in country to offer e-mail IDs in Hindi

  • Rajasthan has become the first state in the country to offer free e-mail address in Hindi to its residents.
  • The project has been implemented by the state IT department with partnership in form of in-sourcing with private IT companies.

RBI raises FPI limit in Government Securities , State development loans

  • The Reserve Bank of India increased the limits for investment by foreign portfolio investors (FPIs) for the January-March 2018 quarter by  Rs6,400 crore in Central Government Securities (G-Secs) and Rs 5,800 crore in State development loans (SDLs).
  • With effect from January 1, 2018, the revised investment limit for FPIs in G-Secs will be Rs 2,56,400 crore against the existing limit of Rs2,50,000 crore.

India, Australia hold talks on Indo-Pacific dynamics

  • India and Australia held their first ever dialogue involving defence and foreign secretaries, to discuss ways to ensure a “free” and “open” Indo-Pacific region.
  • It also comes a day after the Russia-India-China (RIC) meeting in New Delhi to boost collaboration in the Asia-Pacific region.