Current affairs updates for July 18th , 2017 – General Awareness GK for IBPS, SBI, SSC Exams

1. Minimum qualification for MLAs/MPs

The educational level of the 16th Lok Sabha has fallen.

 

The SC has dismissed a petition that sought to fix “minimum qualifications for becoming an MP or MLA”. The court has said that the parliament has to take a call on these issues.
The petition by KC Agrawal had requewsted directions on the matter to ensure only qualified persons become lawmakers.

2. Govt raises tax on cigarettes

The government has increased cess by 48p-79 per stick.

 

Due to an anomaly, taxes on cigarettes had dropped in the new GST regime. Manufacturers had the choice to either pass on the benefit to consumers or pocket the margin.
The government then found that producers were opting for the latter.
To correct the situation and to save itself from losing Rs. 5,000cr in revenue, the government has increased cess per stick by 48-79p.

3. India warns Pakistan over ceasefire violations

Pakistan must reciprocate efforts of maintaining peace along LoC: DGMO

 

While holding DGMO- level talks on Monday, Lt General AK Bhatt issued a strict warning to Pakistan over ceasefire violation along the LoC.
Bhatt told his counterpart Major General Mirza that India will continue retaliatory firing if Pakistani Army targeted Indian troops or tried to send terrorists gradually.
Both the DGMOs spoke over the hotline, clearing the air that India reserved the right to hit back.

4. Centre refuses fresh currency exchange window

Consider fresh window for depositing demonetized notes: SC to Centre

 

The Centre firmly ruled out any fresh window for exchange of demonetized notes, saying “going by the extent of malpractices observed during the post-demonetization period”, such a chance could be misused.
“The very object of demonetization…will be defeated…as persons in possession of scrapped currency would have had sufficient time to plan excuses for not depositing them (earlier),” the finance ministry submitted in an affidavit.

5. Flipkart revises Snapdeal buyout offer

The deal between Snapdeal and Flipkart, if completed, would mark the biggest acquisition in the Indian e-commerce space.

 

Online retailing major Flipkart is believed to have sent a revised offer of $900-950 million to buy smaller rival, Snapdeal.
The sources did not wish to be identified as the deal is still under discussion and yet to be finalised. The board of Snapdeal (run by Jasper Infotech) will now meet to consider the offer and is most likely to accept it, one of the persons said.
Snapdeal’s valuations have also plummeted from about $6.5 billion in February 2016.

6. The Next Vice-President of India

The Bharatiya Janata Party (BJP) Parliamentary Board met on Monday evening to announce Mr. Naidu’s candidature.

 

The BJP’s parliamentary board picked Union Minister for Information and Broadcasting Muppavarapu Venkaiah Naidu as the party’s nominee for the post of Vice-President, and his name has been endorsed by the NDA as well.
Mr. Naidu resigned from the Cabinet later on Monday.
Prime Minister Narendra Modi, too, was fulsome in his praise of Mr. Naidu, tweeting: “I know Venkaiah Naidu garu for years. Have always admired him for his hard work and tenacity.”

7. China begins commercial production of drone

China has started commercial production of its CH—5 Rainbow drone

 

China has started commercial production of its CH—5 Rainbow drone, touted to be a rival to the US unmanned aerial vehicle MQ—9 Reaper, which could attack targets on the ground.
He said the drones equals that of the US General Atomics MQ—9 Reaper, but at around half the cost.
The Reaper can climb to a height of between 12,000 and 15,000 metres.

8. Internet shutdown 29 times in 2017

Internet shutdown 29 times in 2017 marking the India intolerant.

 

As per Brookings Institution report, India lost over Rs. 6,548 crore in business due to Internet shutdowns in the past 3 years.
Keeping business losses aside, in a democracy like India, frequent Internet shutdowns make one wonder if India has indeed become intolerant.

9. Indian banks need extra provisioning for bankruptcy cases:

Banks had total non-performing loans of about 7.29 lakh crore rupees, or 5 percent of the gross domestic product, as of end-March.

 

Indian banks taking 12 of the country’s largest defaulters to bankruptcy court under a central bank directive, the banks need to make additional provisioning of at least 18,000 crore rupees , India Ratings and Research said on Tuesday.
The 12 companies account for 1.78 Lakh Crore rupees in non-performing bank loans, according to RBI data.

10. UK to introduce new banknote

Britain’s new currency note to feature Jane Austen

 

The Bank of England is introducing a new polymer £10 note featuring the 19th century novelist Jane Austen.
The move will make Austen the only woman, besides Queen Elizabeth, to be featured on a British banknote.
The note’s introduction marks the 200th anniversary of Austen’s death.
This is a part of Britain’s attempt at replacing paper £5, £10 and £20 with secure plastic notes.

 

Current affairs updates for July 17th , 2017 – General Awareness GK for IBPS, SBI, SSC Exams

1. The Next Indian President of India

A candidate wins the election on crossing the halfway mark at 5,49,442 votes.

 

The fate of the two presidential candidates Ram Nath Kovind and Meira Kumar will be known in just 3 days, the polling for Presidential elections 2017 has begun at 10 am by today.
776 MPs and 4120 MLAs will decide the result in a secret ballot.
BJP nominee Kovind reportedly is likely to sweep the election with 70% of electoral college backing him.

2. DIG Roopa who exposed ‘VIP treatment to Sasikala’, transferred

“Special Facilities” are being provided to Sasikala in exchange of Rs. 2 crore bribe.

 

DIG for Prisons in Karnataka – D. Roopa, who has exposed the ongoing corruption in the Bengaluru Central jail, has been transferred to traffic and road safety department by the Karnataka government.
The move was made only days after Roopa exposed HN Sathyanarayana Rao, DGP Prisons of receiving Rs. 2 crore in bribe to provide special treatment to AIADMK general secretary VK Sasikala.

3. RBI doesn’t received note-counting machines

The new machine with a 10 x 10 dimension can count millions of notes within a fraction of a second and eject counterfeit notes. It also shreds tallied notes. This could significantly help bring down the work load on RBI.

 

It has been recently revealed that the Reserve Bank of India (RBI) is still waiting on 10 note counting machines from abroad, to count millions of old Rs. 500 and Rs. 1000 notes collected during demonetization
According to sources, the orders for these machines were placed in 2016 and not having them has significantly slowed down the counting process and indirectly affected remonetization.

4. Defence Modernization: Forces demand for Rs. 27,00,000 crore from GoI

Defence five-year plans are pivotal to ensuring a country’s defence preparedness and are created in accordance with the Defence minister’s operational directives” and the Long-term Integrated Perspective Plan.

 

To carry forward India’s geo-strategic interests forward and handle threats from Pakistan and China, the Indian Armed Forces have asked for an allocation worth Rs 26.84 lakh crore over the next five years (2017-2022).
The budget plan for the same was presented at the Unified Commander’s Conference held on July 10-11, after extensive consultations with stakeholders including the DRDO.

5. New Consumer Protection Law will be brought up in Parliament

 

A new law, to replace the current Consumer Protection Act, 1986, will be introduced in the monsoon session of the Parliament.
The Consumer Protection Bill, 2017 aims to strengthen the consumer protection mechanism post GST. This would effectively put an end to the unfair methods applied by certain businesses which curb the rights of the consumers; and to address their grievances.

6. Wimbledon: Federer wins record eighth title

With the 2017 Wimbledon title Roger Federer took his total tally of Grand Slam singles title to 19, the most by any male player in history. He has won eight Wimbledon titles, five titles each at Australian Open and US Open, and one French Open.

 

Switzerland’s Roger Federer created history after he has won the 2017 Wimbledon men’s single title after defeating Croatia’s Marin Cilic in the finals.
Federer won the match 6-3, 6-1, 6-4 in 1 hour 41 minutes to go past Pete Sampras and William Renshaw’s record of seven Wimbledon singles titles.
His last title at the Wimbledon had come five years back in 2012.

7. Mukesh Kumar Jain appointed MD & CEO of Oriental Bank

 

Mukesh Kumar Jain was appointed as the managing director and chief executive officer of Oriental Bank of Commerce.
• He is at present the executive director in Punjab and Sind Bank.
• The Appointments Committee of the Cabinet has approved Jain’s appointment.

8. Railways Launches ‘SAARTHI’ App

 

Railway Minister Suresh Prabhu launched a new integrated mobile app “SAARTHI – c” for passengers.
• This new app will allow passengers to book tickets, enquiry, on-board cleaning and ordering meal on a single platform.
• The new SAARTHI app also includes features such as safety for women, complaint facility and suggestion for improvement.

9. US House passes Bill for strengthening defence ties with India

 

The US House of Representatives has passed a $621.5 billion defence policy bill that proposes to advance defence cooperation with India. An amendment in this regard was adopted by a voice vote by the House as part of the National Defense Authorisation Act (NDAA) 2018, beginning 1 October this year.

10. India’s first solar-powered 1600 HP DEMU train launched:

 

Indian Railways has launched the country’s first solar-powered local train with a battery bank facility that ensures sufficient power even in the absence of sunlight.
The entire electrical need of the coaches, which includes lights, fans and information display system, will be met by the energy produced by solar panels fitted atop the coaches of the DEMU (diesel electric multiple unit) train. The train was launched from Safdarjung railway station last week.

Top 10 Indian Biosphere Reserves in UNDESCO list

biosphere reserve is an ecosystem with plants and animals of unusual scientific and natural interest. It is a label given by UNESCO to help protect the sites.

The aim is to promote management, research and education in ecosystem conservation. This includes the ‘sustainable use of natural resources’.

As of May, 2017 there are 18 biosphere reserves in India and out of which 10 are present in World Network of Biosphere Reserves. We will be having a quick look about these 10 reserves now.

 

 

 

Top 10 Biosphere Reserves in India 

Nilgiri Biosphere Reserve

 

Nilgiri Biosphere Reserve is an International Biosphere Reserve in the Western Ghats and Nilgiri Hills ranges of South India. The Nilgiri Sub-Cluster is a part of the Western Ghats, which was declared a World Heritage Site by UNESCO in 2012. It includes the Mudumalai, Mukurthi, Nagarhole, and Bandipur national parks, as well as the Wayanad and Sathyamangalam wildlife sanctuaries. Nilgiris Biosphere Reserve is India’s first and foremost biosphere reserves with a heritage, rich in flora and fauna. Tribal groups like the Todas, Kotas, Irullas, Kurumbas, Paniyas, Adiyans, Edanadan Chettis, Cholanaickens, Allar, Malayan, etc., are native to the reserve.

Highlights:

  • Year of Establishment: 1-Aug-1986
  • State: Tamil Nadu, Karnataka, Kerala
  • Coverage: Parts of Wayanad, Nagarhole, Bandipur and Mudumalai, Nilambur, Silent Valley and Siruvani hills
  • Area: 5,520  km2
  • Key Fauna: Nilgiri Tahr, Lion-tailed macaque

 

Gulf of Mannar Biosphere Reserve

 

The large shallow bay flowing into the Laccadive Sea, Indian Ocean, that lies between the south eastern most point of India and west coast of Sri Lanka, is known as the Gulf of Mannar. This gulf is one of the very few biosphere reserves in India, which is shared by another country. The Mannar Bay and Island is only separated from the Palk Bay in Sri Lanka by a limestone bridge which is known as the Ramsethu. The pearl banks of Mannar have been the primary source of income for its people for over 2,000 years.

 

Highlights:

  • Year of Establishment: 18-Feb-1989
  • State: Tamil Nadu
  • Coverage: Rameswaram in the north to Kanyakumari in the south
  • Area: 10,500
  • Key Fauna: Dugong or Sea Cow

Sundarbans Biosphere Reserve

 

Sundarbans  is a natural region in southern Bangladesh and the extreme southern part of the Indian state of West Bengal in the vast river delta on the Bay of Bengal. It is the largest single block of tidal halophytic mangrove forest in the world. The mangrove and freshwater swamp forests of Sundarbans are considered natural wonders of the world, as their unique ecological and geological conditions have sheltered some rare and exclusive species of plants and animals.

Highlights:

  • Year of Establishment: 29-Mar-1989
  • State: West Bengal
  • Coverage: Parts of delta of Ganges & Brahamaputra river
  • Area: 9,630
  • Key Fauna: Royal Bengal Tiger

 

 

Nanda Devi Biosphere Reserve

 

The highly auspicious peak of Nanda Devi (25,646 ft) lies at the centre of Nanda Devi National Park, a biosphere reserve in Uttarakhand. The Valley of Flowers, the most popular part of Nanda Devi National Park has also been declared a UNESCO World Heritage Site. The elevated reserve is a sanctuary to some very endangered species such as the Himalayan black bear, snow leopard and brown bear. Nanda Devi National Parks have over 25 mountain peaks within its massive premise, therefore making it a favourite with mountaineers and trekking enthusiasts.

 

Highlights:

  • Year of Establishment: 18-Jan-1988
  • State: Uttarakhand
  • Coverage: Parts of Chamoli, Pithoragarh and Almora districts in Uttarakhand
  • Area: 5,860
  • Key Fauna: Himalayan Snow Leopard

 

Nokrek Biosphere Reserve

 

Nokrek Biosphere Reserve, is a national park located approximately 2 km from Tura Peak in West Garo Hills district of Meghalaya, India. UNESCO- added this National park to its list of Biosphere Reserves in May 2009. Along with Balphakram national park, Nokrek is a hotspot of biodiversity in Meghalaya. The Nokrek is well known for its remnant population of Red Panda, who have otherwise disappeared from every other place except India. Since 1960, Nokrek Biosphere Reserve has carefully monitored and successfully preserved the population of dying Red Panda. Nokrek is also known to be the home of Asian Elephants and an uncertain number of tigers.

Highlights:

  • Year of Establishment: 1-Sep-1988
  • State: Meghalaya
  • Coverage: Parts of East, West and South Garo Hill districts
  • Area: 820
  • Key Fauna: Red Panda

 

 

Pachmarhi Biosphere Reserve

 

The Pachmarhi Biosphere Reserve is home to the mighty Satpura Range of Madhya Pradesh. The UNESCO declared Panchmarhi and its collection of sanctuaries, Bori Sanctuary and Satpura National Park a designated biosphere reserve in 2009.

 

Highlights:

  • Year of Establishment: 03-Mar-1999
  • State: Madhya Pradesh
  • Coverage: Parts of Betul, Hoshangabad and Chhindwara
  • Area: 4,981
  • Key Fauna: Giant Squirrel, Flying Squirrel

 

Simlipal Biosphere Reserve

 

Simlipal Biosphere Reserve is a national park and a tiger reserve in the Mayurbhanj district in the Indian state of Odisha. It is part of the Similipal-Kuldiha-Hadgarh Elephant Reserve popularly known as Mayurbhanj Elephant Reserve, which includes three protected areas  Similipal Tiger Reserve, Hadgarh Wildlife Sanctuary  and Kuldiha Wildlife Sanctuary.  Simlipal National Park derives its name from the abundance of semul (red silk cotton trees) that bloom here.

 

Highlights:

  • Year of Establishment: 21-Jun-1994
  • State: Odisha
  • Coverage: Parts of Mayurbhanj district
  • Area: 4,374
  • Key Fauna: Gaur, Royal Bengal Tiger, Wild Elephant

 

 

Great Nicobar Biosphere Reserve

 

The Great Nicobar Biosphere Reserve encompasses 85% of the island Great Nicobar. The 12-km forest buffer zone provides a protective shield to the rare biodiversity, which Nicobar Reserve is home to. This is just as far as tourists are allowed to go, as within this reserve also lie tribal communities, which continue to flourish as they did centuries ago. The Campbell Bay National Park and Galathea National Park also incorporate this biosphere.

 

Highlights:

  • Year of Establishment: 06-Jan-1989
  • State: Andaman and Nicobar Islands
  • Coverage: Southernmost islands of Andaman & Nicobar
  • Area: 885
  • Key Fauna: Saltwater Crocodile

 

 

Achanakmar-Amarkantak Biosphere Reserve

 

A highly significant watershed of peninsular India, the Achanakmar-Amarkantak reserve was recently added to the list of UNESCO’s most protected and significant biosphere reserves in the world. The Achanakmar-Amarkantak, like many biosphere reserves in India, is shared by two states – Madhya Pradesh and Chattisgarh. The dense forest, which hosts unique flora and fauna is also the source of three major river systems, which are the lifeline of central India. The Narmada, Johilla and the Son River, all three originate from this biosphere reserve.

 

Highlights:

  • Year of Establishment: 30-Mar-2005
  • State: Madhya Pradesh and Chhattisgarh
  • Coverage: Parts of Anuppur and Dindori district and Bilaspur district
  • Area: 3,835
  • Key Fauna: Leopards, gaur, chital

 

Agasthyamalai Biosphere Reserve

 

The Agasthyamalai Biosphere Reserve was Established in 2001. A UNESCO World Heritage Site, the Western Ghats have been divided into two parts, one of which along with three other national parks, makes the expanse of Agasthymalai Biosphere Reserve. The eco-regions of moist deciduous forests of Western Ghats, the montane rain forest and Shola, come together to shelter a collection of over 2,000 varieties of medicinal plants, 50 rare and endangered species, such as the Asian Elephant and the Kanikaran people who are one of the oldest surviving ancient tribes in the world.

 

Highlights:

  • Year of Establishment: 12-Nov-2001
  • State: Tamil Nadu, Kerala
  • Coverage: Parts of Thirunelveli and Kanyakumari districts and Thiruvanthapuram, Kollam, and Pathanmthitta districts
  • Area: 3,500
  • Key Fauna: Nilgiri Tahr, Elephants

 

Current affairs updates for May 04th , 2017 – General Awareness GK for IBPS, SBI, SSC Exams

Daily current affairs updates is prepared by keeping the exam pattern and the previously asked questions in IBPS, SBI, RBI, SSC Exams. This will be useful to update your GK on daily basis.

1. Village Financial Services gets award

‘Best NBFC-MFI for Promotional Schemes’.

 

Village Financial Services, a Kolkata-based NBFC – MFI has bagged MSME Banking Excellence Awards 2016. Village Financial Services won the award under the category ‘Best NBFC-MFI for Promotional Schemes’.

2. Cabinet approves for MoU between DSSC, Wellington and DSCSC, Dhaka

MoU between India and Bangladesh.

 

The Union Cabinet chaired by the Prime Minister Narendra Modi gave ex-post facto approval to the Memorandum of Understanding (MoU) between the Defence Services Staff College (DSSC), Wellington and Defence Services Command and Staff College (DSCSC), Mirpur, Dhaka on cooperation concerning military education in the field of strategic and operational studies.
The MoU also enhances public accountability by way of exchange of information and technology between India and Bangladesh.

3. Centre to set up Rashtriya Swachhata Kendra at Rajghat

Ministry of Culture and Tourism

 

The government will set up Rashtriya Swachhata Kendra under Swachh Bharat Mission at Gandhi Smriti and Darshan Samiti (GSDS), Rajghat, to mark the centenary year of the Champaran Satyagraha.
It will be set up by the Ministry for Drinking Water and Sanitation.
The Ministry of Culture and Tourism has also developed an ‘e-guide’ (audio-visual) app e3.eguide.net.in to create awareness for tourists visiting the National Museum in Delhi.

4. Cabinet approves New Central Sector Scheme – SAMPADA for agro-marine processing

SAMPADA is allocated a total of Rs. 6,000 crore.

 

The Cabinet Committee on Economic Affairs (CCEA) has given its approval for re-structuring the schemes of the Ministry of Food Processing Industries (MoFPI) under new central Scheme for Agro-Marine Processing and Development of Agro-Processing Clusters (SAMPADA) for the period 2016-20 coterminous with the 14th Finance Commission cycle.
SAMPADA is allocated a total of Rs. 6,000 crore. The objective of SAMPADA is to supplement agriculture, modernize processing and decrease agri-waste.

5. Centre advances target of providing electricity to all from 2022 to 2018

Power Minister Piyush Goyal

 

Power Minister Piyush Goyal has announced that the government has decided to achieve the goal by December next year. The earlier target for providing electricity to all is advanced to year 2018 from 2022

6. Andhra to ink sister state agreements with California, Iowa, Illinois

“Transformative Chief Minister Award.”

 

Andhra Pradesh will sign ‘sister state’ agreements with states of California, Iowa and Illinois during Chief Minister N. Chandrababu Naidu’s visit to US to receive 2017 US-India Business Council’s “Transformative Chief Minister Award.”

7. Cabinet approves Vijayawada Airport as international airport

provisions of Andhra Pradesh Reorganisation Act, 2014.

 

The Union Cabinet gave its approval for the declaration of Vijayawada Airport as international airport, as per the provisions of Andhra Pradesh Reorganisation Act, 2014.
The declaration of Vijayawada Airport as an international airport has been taken up keeping in view the passenger traffic growth, demands from airlines and the Andhra Pradesh Government.

8. World’s first quantum computing machine made in China

24,000 times faster than its international counterparts

 

Chinese scientists have successfully built the world’s first quantum computing machine that is 24,000 times faster than its international counterparts and may dwarf the processing power of existing supercomputers.

9. UN marks first World Tuna Day with calls to conserve it

to conserve one of the globe’s most popular fish

 

The United Nations marked the first World Tuna Day on 2nd May 2017 with calls to conserve one of the globe’s most popular fish to be caught and eaten.

 

 

 

Current affairs updates for May 03rd , 2017 – General Awareness GK for IBPS, SBI, SSC Exams

Daily current affairs updates is prepared by keeping the exam pattern and the previously asked questions in IBPS, SBI, RBI, SSC Exams. This will be useful to update your GK on daily basis.

1.Chandrababu Naidu bags USIBC award

‘Transformative Chief Minister Award 2017’

 

Andhra Pradesh Chief Minister Chandrababu Naidu has been selected for the ‘Transformative Chief Minister Award 2017’ in recognition for his role in advancing the US-India partnership at the state level.
The award by the US-India Business Council (USIBC) would be presented to Mr. Naidu during the USIBC West Coast Summit in Bengaluru (the Silicon Valley) on May 8.
Last year’s recipient of this award was Amitabh Kant, CEO of Niti Aayog.

2. Tejas Express to be launched: New Premier Train between Mumbai and Goa

Tejas Express, between Mumbai and Goa in June.

 

Indian Railways is expected to launch a new premier train, called the Tejas Express, between Mumbai and Goa in June.
Cuisine curated by celebrity chefs, tea and coffee vending machines and individual LCD screens.
This train is expected to begin operations from June this year.
The 20-coach Tejas Express will be the first Indian Railways’ train to have automatic doors and secured gangways for all coaches.

3. Paes-Lipsky win Tallahassee Challenger title

top-seeded Indo-American pair of Leander Paes and Scott Lipsky defeated Argentine third seeds

 

Indian tennis player Leander Paes won his second Challenger-level title of the season
The top-seeded Indo-American pair of Leander Paes and Scott Lipsky defeated Argentine third seeds Leonardo Mayer and Maximo Gonzalez to win the Tallahassee Challenger title

4. HRD Minister launches Vidya-Veerta Abhiyan

Nationwide Vidya-Veerta Abhiyan to encourage Universities

 

Human Resource Development Minister Prakash Javadekar has launched a nationwide Vidya-Veerta Abhiyan to encourage Universities to display portraits of Param Veer Chakra decorated soldiers. The idea of this Abhiyan is to instill sense of patriotism and nationalism among students.

5. Shri BandaruDattatreya Launches two Schemes

“One IP- Two Dispensaries” and “Aadhaar Based Online Claim Submission”

 

Shri BandaruDattatreya launched two schemes “One IP- Two Dispensaries” and “Aadhaar based Online Claim Submission” on the occasion of International Labour Day. IT was launched by EPFO Organisation.
Under Aadhaar based Online Claim Submission scheme all EPF Members who have activated their UAN and seeded their KYC (Aadhaar) with EPFO will be able to apply for PF final settlement (form19), Pension withdrawal benefit (Form10-C) and PF part withdrawal (Form31) from the their UAN Interface directly.

6. Department of Telecom (DoT) Launches web portal Tarang Sanchar

Minister of Communications Shri Manoj Sinha has launched

 

The Minister of Communications Shri Manoj Sinha has launched here Tarang Sanchar, a web portal for Information sharing on Mobile Towers and EMF Emission Compliances.

7. India’s 2nd tallest national flag hoisted in Kolhapur

360 feet, is installed at the Attari-Wagah border .

 

Marking the formation day of Maharashtra, CM Devendra Fadnavis hoisted India’s second tallest national flag in Kolhapur at 303 feet.
Notably, India’s tallest flag pole, at 360 feet, is installed at the Attari-Wagah border in Punjab.

8. Chhattisgarh auctions India’s most expensive limestone block

third limestone block, Kesla-II

 

Chhattisgarh successfully auctioned its third limestone block, Kesla-II
Kesla-II block is situated in the Tilda Tehsil of Raipur district and covers over 357 Ha in area with an average grade of 43 percent CaO.
Chhattisgarh had also earned the distinction of conducting the first ever successful non-coal mineral auction in India in February, 2016 with the auction of Karhi Chandi limestone block.
It is also the first and only state in India to successfully auction a Gold mine.

9. Madhya Pradesh switches to January-December fiscal pattern

Madhya Pradesh government has decided to part ways with the conventional April-March financial year pattern to adopt the January-December period as the new fiscal. With this it became the first state to break away from the age-old tradition.

 

Madhya Pradesh government has decided to part ways with the conventional April-March financial year pattern to adopt the January-December period as the new fiscal. With this it became the first state to break away from the age-old tradition.
The change will come into effect from the next year, as the state government intends to complete all budgetary proceedings for this year by the close of 2017.

10.Mr. Anthony Lianzuala takes over as the New Controller General of Accounts

Department of Expenditure, Ministry of Finance with effect from May 1, 2017, in New Delhi.

 

Mr. Anthony Lianzuala took over as the New Controller General of Accounts (CGA), Department of Expenditure, Ministry of Finance with effect from May 1, 2017, in New Delhi.
He is the First person from the North-Eastern Region to hold this position.