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English Current Affairs for 27th December 2017

National News
  1. Home ministry has released 167 crore rupees to nine states with International border for the development of infrastructure in forward areas.
  2. Uttar Pradesh government launches free household power connection scheme ‘Prakash hai to vikas’ hai for the poor in the state to mark former PM Atal bihari vaijpayee’s birthday on 25th December.
  3. The Government of India the Government of Tamil Nadu and the World Bank signed a $318 million loan agreement for the Tamil Nadu irrigated Agriculture modernization project to promote climate resilient agriculture technologies.
  4. The National Bank for Agriculture and Rural Development will soon get going on a Rs.8000cr find that the finance minister announced in this year budget to support the dairy sector.
  5. Central Government has drawn up tailor made action plan for improving the socio-economic conditions of 115 “most backward” district across India.
  6. In order to provide relief for disqualified directors of companies, union ministry of corporate Affairs will roll out ‘condonation of Delay scheme which will be operational from January 1 to March 31 2018
  7. The South Delhi Municipal corporation launched ‘Atal Jan Aahar Yojana’ for poor people to provide them meal at Rs.10 marking the Good Governance day
  8. Odisha to split tourism culture department and promote odia language and set up odia language commission
International Affairs
  1. Construction of Bangladesh’s first eco-friendly thermal power plant with ultra modern clean coal technology has started by Chinese consortium in 
    Central Bangladesh at cost of USD 1.56 billion
  2. President Donald Trump signed the $1.5 trillion tax ovahaul into law is expected to benefit big corporations and wealthy Americans more
  3. Guatemalan President Jimmy Morales has announced plans to move country’s embassy in Israel to Jerusalem.
Banking and Finance
  1. India becomes Fifth largest economy in 2018 says the report or World Economic League table.
  2. According to data released by the Income Tax department only 2 crore Indians (1.71% of population) paid Income Tax in the assessment year (2015 – 2016)
  3. Samsung in partnership with Axis Bank launched its Bill payment on Samsung pay
Obituary
  1. Legendary SA musician Robbie Malinga passes away

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