Current Affairs wrap for the day: November 5th 2018
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PM launches historic support and outreach initiative for MSME sector
- Prime Minister Narendra Modi has launched a historic support and outreach programme for the Micro, Small and Medium Enterprises (MSME) sector.
- Twelve key initiatives will help the growth, expansion and facilitation of MSMEs across the country.
- Five key aspects of facilitating the MSME sector are access to credit; access to market; technology upgradation; ease of doing business; and a sense of security for employees.
India’s first indigenous microprocessor ‘Shakti’ created by IIT-Madras
- The Indian Institute of Technology Madras has created India’s first and indigenous microprocessor, which has been named ‘Shakti’.
- The chip can be used for wireless and networking systems, as well as for mobile computing.
- An open-source high-level synthesis language, Bluespec, was used in making the chip.
Indian Coast Guard launches new Offshore patrol vessel ICGS Varaha
- The Indian Coast Guard has launched a new offshore patrol vessel named ICGS Varaha from a corporate shipyard near Chennai.
- ICGS Varaha has been designed and built indigenously.
- ICGS Varaha will soon be fitted with advanced navigation and communication equipment, sensors and machineries.
- The weapons fitted on board will include 30 mm guns with Fire Control Systems.
- ICGS Varaha will also be capable of carrying a twin-engine helicopter and four high-speed boats for Search and Rescue and Maritime Patrol.
- It also carries pollution response equipment to contain the oil spill at sea.
INS Viraat to be turned into floating museum
- The Maharashtra Cabinet has approved the conversion of decommissioned carrier INS Viraat into a floating museum.
- The project will be implemented through public-private-partnership (PPP).
- The aim of the project is to generate interest among the school and college students in the marine sector.
Super 30 founder Anand Kumar to be honoured with education award
- Founder of Super 30, mathematician Anand Kumar will be awarded for his pioneering contributions to the field of education and for illuminating the lives of many talented students.
- Kumar will be given with ‘Global Education Award’ by Malabar Gold & Diamonds, the flagship company of Malabar Group.
- Super 30 has helped students from poor backgrounds crack IIT entrance exams by providing free food, lodging and coaching.
- More than 500 such students have made it to different IITs since inception of Super 30 in 2002.
Signature bridge, double Qutub Minar’s height, to cut travel time in Delhi
- The Signature bridge over the Yamuna has been inaugurated with a 154-metre pylon in Delhi.
- The bridge is double the height of the Qutub Minar and will reduce the travel time between north and northeast Delhi.
- The bridge will reduce travel time from 45 minutes to just 10 minutes, saving fuel and helping to curb pollution.
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