Current Affairs for SSC CGL Exams - 15 JUNE 2019
::NATIONAL::
Vice president urges use of technology to improve governance
- The Vice President of India, Shri M. Venkaiah Naidu has called for
adopting digital technology to improve governance and timely delivery of
services to citizens.
- Speaking at the inaugural edition of DigiTech Conclave 2019 of The
Times Group after launching ET Government portal, in New Delhi,the Vice
President said that technology has been a game changer and was progressively
helping in eliminating corruption, ensuring transparency and improving the
delivery of services in several areas like healthcare, land registrations,
transport, tax collection and urban planning.
- Citing an instance, Shri Naidu said that adopting digital
technology helped the elimination of bogus ration cards and resulted in a
saving of Rs.6,000 crore in one State. He expressed confidence that ET
Government Portal would go a long way in spreading awareness about the
transformative potential of digital technology and also in making governance
system more accessible to citizens.
- Quoting to a recent study conducted by McKinsey Global Institute,
the Vice President said that India was the second fastest digitizing economy
after Indonesia. He said that digitization has the potential not only to
boost core sectors like IT, digital communication, and online retail but
also transform financial services, agriculture, logistics and education.
India decides to impose retaliatory tariffs on U.S goods
- India has decided to impose retaliatory tariffs on 29 goods
imported from the U.S. from June 16 onwards, a year after it initially
decided to do so, officials in the Commerce Ministry told.
- The tariffs will apply on $220-290 million worth of goods imported
from the US, and will have about the same impact as the tariffs imposed by
Washington on India last year.
- The tariffs on the 29 goods including walnuts, apples, and some
pulses were initially announced in June 2018 in retaliation to U.S.
President Donald Trump’s decision in March that year to impose higher import
tariffs on Indian aluminium and steel. India has repeatedly asked for
exemption from these higher tariffs, but to no avail.
- According to the Trade Promotion Council of India (TPCI), the
impact of the retaliatory tariffs would amount to about $290 million. While
the Federation of Indian Export Organisations estimates the impact to be
$220-240 million, the consensus is that the impact is commensurate to the
impact on India due to the U.S. tariffs on aluminium and steel imports.
::ECONOMY::
India’s trade deficit widens in May
- India’s trade deficit widened in May 2019 to $15.36 billion, with
imports growing faster that exports during the period, official data
released on Friday showed.Exports grew 3.93% in May to $30 billion compared
with $28.86 billion worth of exports in the same month last year.
- The industries that saw a major growth in exports include
electronic goods (50.97%), organic and inorganic chemicals (20.64%), and
readymade goods of all textiles (14.15%).
- “Export growth for May remains at sub-optimal level requiring
immediate government intervention,” Engineering Export Promotion Council
India chairman Ravi Sehgal said.
- “For engineering sector, exporters need crucial raw material like
steel at international prices. Exporters are looking forward to Budget for
fiscal relief,” he said.
- “Such a growth in exports is a reflection of extremely modest
growth in global trade and increasing protectionism,” said Ganesh Kumar
Gupta, president, Federation of Indian Export Organisations.
- “MSME sectors are still facing the problem of liquidity besides
various other challenges, including uncertainties owing to tariff war,
volatility in commodities/currencies, rapid rise in trade restrictive
measures and constraints on the domestic front,” he added. Imports into
India grew 4.31% in May 2019 to $45.35 billion, up from $43.48 billion worth
of imports in May of last year.
Finance minister holds pre budget consultation with other
ministries,economists
- The Union Minister of Finance & Corporate Affairs, Smt.
NirmalaSitharaman held here today her 6th Pre-Budget Consultation Meeting
with the leading Economists in connection with the forthcoming General
Budget 2019-20.
- The main areas of discussion during the aforesaid Meeting included
boosting Economic Growth, Job Oriented Growth, increased Macro-economic
Stability, Fiscal Management including ideal size of Public Sector Borrowing
requirements and increase in investments among others.
- The Economists put forward their view that this Budget should set
the tone for the next five years and is a unique opportunity to promote
manufacturing through Make in India.
- Various other suggestions received from Economists related to
tariff reforms, removing bottlenecks in supply-chain, EXIM policy for
agriculture, removal of specific duties on textiles, maintaining fiscal
consolidation, revival of Inter-State Councils for holistic domestic growth,
boosting employment by focusing on skilling and giving fillip to services
and manufacturing sector, macroeconomic stabilisation and structural reforms
for long-term grow etc.
::INTERNATIONAL::
UN to move towards investigation of gulf tanker attacks
- UN Secretary General Antonio Guterres has pressed for an
investigation to establish those responsible for a spate of suspected
attacks on oil tankers in the Gulf that has raised fears of war.
- The US has accused Iran of carrying out the attacks, which Tehran
has denied. The UN chief said that it was the purview of the Security
Council that an independent entity could step in to verify the facts.
- UN spokesman said that the UN's political chief Rosemary DiCarlo
has discussed the Gulf crisis with Iranian Foreign Minister Mohammad
JavadZarif on the sidelines of the Shanghai Cooperation Organization meeting
in Bishkek.
::SCIENCE & TECHNOLOGY::
Aerosol chemotherapy shows promising results for treating cancer
- Although is it still being tested, chemotherapy by aerosol has
shown promising results against certain cancers, in a treatment with fewer
side effects, say doctors at Georges-Francois Leclerc hospital in the
eastern city of Dijon.
- It is one of seven hospitals in France that are trialling
pressurised intraperitoneal aerosol chemotherapy, or PIPAC, a technique
developed in Germany in 2013.
- The drugs are not injected into the bloodstream. Instead, the
patient is put under general anaesthetic and treatment is introduced by
laparoscopy and chemotherapy is introduced into the peritoneal cavity by an
aerosol spray. “It is a minimally invasive without harmful side effects
normally “associated with the circulation of the treatment within the
blood”, said David Orry, who heads the oncological surgery department.
- For the moment, PIPAC therapy is only offered to patients
undergoing palliative treatment, as its efficacy has yet to be demonstrated
in a large scientific study.
- And the price of the treatment is reasonable, with the injector
device costing around €25,000, and each operation using disposable materials
worth some €2,000.