By: D.K Chaudhary
1. DAC Approves Capital Acquisition Proposals of Over Rs3,687 crore
i. The Defence Acquisition Council (DAC) approved the capital acquisition proposals of over 3,687 crore rupees. The decision was taken in the meeting council, chaired by Defence Minister Nirmala Sitharaman in New Delhi.
ii. In a boost to indigenisation and in the realisation of India’s growing technological prowess, the DAC approved procurement of DRDO’s designed and developed NAG Missile System at the cost of 524 crore rupees. The DAC also approved procurement of thirteen 127 mm calibre guns for the Navy.
ii. In a boost to indigenisation and in the realisation of India’s growing technological prowess, the DAC approved procurement of DRDO’s designed and developed NAG Missile System at the cost of 524 crore rupees. The DAC also approved procurement of thirteen 127 mm calibre guns for the Navy.
- Admiral Sunil Lanba is the present chief of Naval Staff of Indian Navy.
- General Bipin Rawat is the present chief of Army Staff of Indian Army.
- Air Chief Marshal Birender Singh Dhanoa is the present chief of Air staff of Indian Airforce.
2. Shirui Lily Festival Concludes in Manipur
i. Manipur’s Shirui Lily Festival 2018 was concluded at Ukhrul district. The festival was sponsored by the department of tourism, Manipur to spread awareness about conservation of the endangered Shirui Lily.
ii. The festival was also supported by NEC and aims to promote afforestation and sustainable tourism efforts in the state.
ii. The festival was also supported by NEC and aims to promote afforestation and sustainable tourism efforts in the state.
- Manipur CM- Nongthombam Biren Singh, Governor- Dr. Najma A. Heptulla.
3. NHAI Inks Pact With Macquarie
i. The National Highways Authority of India (NHAI) entered into a pact with Macquarie for road projects under the highway monetisation drive.
ii. The Agreement has been signed with Macquarie for the first bundle\of highway projects (USD 1.5 billion one of the highest FDI in highways).
ii. The Agreement has been signed with Macquarie for the first bundle\of highway projects (USD 1.5 billion one of the highest FDI in highways).
- Nitin Jairam Gadkari is the Minister of Road Transport and Highways.
4. Dalmia Bharat Signs MoU to Maintain Heritage Sites
i. Dalmia Bharat Limited has signed an MoU with the Tourism Ministry to take up Red Fort (in Delhi) and Gandikota Fort (Andhra Pradesh) under the ‘Adopt a Heritage’ project.
ii. Becoming the first corporate to be part of the initiative, Dalmia Bharat will look after the operations and the maintenance of these heritage sites for the next five years.
ii. Becoming the first corporate to be part of the initiative, Dalmia Bharat will look after the operations and the maintenance of these heritage sites for the next five years.
- Puneet Dalmia is the Managing Director of Dalmia Bharat Group.
- K J Alphons is the Minister of State for Tourism (I/C).
5. North, South Korea Commit to Denuclearization in Historic Summit
i. The leaders of North and South Korea agreed to pursue a permanent peace and the complete denuclearization of the divided peninsula, as they embraced after a historic summit laden with symbolism.
ii. Kim Jong-un, the leader of North Korea and Moon Jae-in, the leader of South Korea also agreed to end hostile activities between the two nations, change the demilitarised zone (DMZ) that divides the country into a “peace zone” by ceasing propaganda broadcasts. They also agreed to joint participation in sporting events, including Asian Games 2018.
