1.Government has reconstituted the Financial Stability and Development Council to include secretaries from the revenue department as well as Ministry of IT.FSDC was set up in 2010 by the then Finance Minister Pranab Mukherjee.The council comprises RBI Governor, SEBI Chairman, finance secretary, and secretaries in the departments of Economic Affairs, Financial Services and Corporate Affairs.
2.The 15th Finance Commission has constituted a high level group to explore and give recommendations for a balanced expansion of the health sector.The group will be headed by AIIMS Director Randeep Guleria.It will suggest ways to optimize the use of existing financial resources & to incentivise state governments’ efforts towards fulfillment of well-defined health parameters in the country.
3.MobiKwik has announced the launch of Unified Payments Interface (UPI) on its platform via its own Virtual payment address (VPA) handle @ikwik.Users can simply scan and generate UPI QR functionality to send and receive money using VPA and phone number from the contact list.MobiKwik is the first in the industry to offer UPI access to a huge base of three million merchants on its app.
4.Central Board of Direct Taxes (CBDT) chairman Sushil Chandra has got a one-year extension up to May 31, 2019.He took over as chairman of the Central Board of Direct Taxes (CBDT) in 2016.
5.Rashtriya Sanskriti Mahotsav 2018 will be organised by Ministry of Culture in Tehri, Uttarakhand under the Ek Bharat Shreshta Bharat.It is the 19th edition & will be organised from May 25-27 2018, with its important thrust being presenting uniqueness & rich diversity of Indian cultureTehri Lake Festival will be a part of RSM 2018, where Uttarakhand Tourism organizes water sports for people.
6.Urja Ganga Natural Gas Pipeline has been extended till Guwahati by the Gas Authority of India Limited (GAIL), the city will get gas pipeline by 2021.The 721-km pipeline project will connect Dhamra, Barauni, Paradip and Hadia and will extend to Guwahati.This is a 3000 crore project and would also be be extended to other Northeast locations, operational from 2023.
7.India will be the host country for this year’s celebrations of World Environment Day.World Environment Day is celebrated annually on June 5th.This year’s theme is “Beat Plastic Pollution: If you can’t reuse it, refuse it”.World Environment Day was established by the UN General Assembly in 1972.
8.Maharashtra, Manipur & 5 union territories have rolled out intra-state e-way bill system for movement of goods worth over Rs 50,000 within the state.With this, the number of States, where the system is being implemented will go up to 27.E-Way Bill is an electronically generated document which is required to be generated for the movement of goods of more Rs. 50,000 from one place to another.
9.PM Narendra Modi inaugurated India’s first highway to be lit by solar power in Bagpat, Uttar Pradesh.Eastern Peripheral Expressway is 135 km long, stretching from Kundli on NH 1 to Palwal on NH 2.
10.Prime Minister Modi & his Bangladeshi counterpart Sheikh Hasina inaugurated the Bangladesh Bhavan in Santiniketan, West Bengal.Bangladesh Bhavan features a museum that showcases renowned poet Rabindranath Tagore’s association with that country, the Liberation War of Bangladesh & Indo-Bangla relations.
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