1)The Trade Facilitation Agreement (TFA) in Goods of World Trade Organisation (WTO) came into effect with its ratification by two-thirds members of WTO including India.
The TFA in Goods was adopted by the WTO Members in 2014.
It aims to streamline, simplify, standardise and ease customs procedures and norms. It will help to cut trade costs around the world.
2)In 89th Academy Awards
Moonlight won the best Movie and The Salesman(Iran) won the best Foreign language movie.
3)India and Asian Development Bank (ADB) has signed $375 million pact for loans and grants to develop 800 km Visakhapatnam-Chennai Industrial Corridor.
It is the first phase of a planned 2,500-km East Coast Economic Corridor.
The East Coast Economic Corridor (ECEC) is India’s first coastal economic corridor along its eastern coast, stretching about 2,500 kilometers from Kolkata in the north to Kanyakumari in the south.
4)Rajasthan Heart Attack Treatment programme (RAHAT) Program has been launched to provide people timely treatment during heart attacks in remote and rural areas.
5)The Union Urban Development Ministry has formulated ‘National Transit Oriented Development (TOD) Policy’ to address the challenges of urbanisation. The policy framework aims to promote living close to mass urban transit corridors like the Metros, monorail and bus rapid transit (BRT) corridors.
6)In a major breakthrough in eco-conservation, forest officials in Munnar have spotted two critically endangered impatiens plant species on the peripheries of the Eravikulam National Park.
The newly discovered specis include- Impatiens Mankulamensis and Impatiens Panduramgani. They are included in the critically endangered category of IUCN.
Impatiens, also called jewel weeds, are seen in pristine forests where moisture content and relative humidity are high. The Eravikulam National Park and the Mankulam forest division are surrounded by sholas.
MAINS QUESTION FOR THE DAY :
What have been the Short Term Drawbacks and what could be the long term benefits of the Demonetization ?
TAKEN FROM THE ECONOMIC SURVEY OF INDIA 2016-17
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