TNPSC Current Affairs May 2017
1.Cabinet Approves re-structuring the Scheme SAMPADA.
Union Cabinet has given its approval for re-structuring the schemes of the Ministry of Food Processing Industries for Rs 6,000 crore under new Central Sector Scheme for Agro-Marine Processing and Development of Agro-Processing Clusters (SAMPADA) for the period 2016-20.
The Decision was taken in the meeting of committee on economic affairs headed by Prime minister Narendra Modi
2.New Nationl policy for Steel 2017
The Union cabinet has given its approval for National Steel Policy (NSP) 2017. The meeting was chaired by Prime Minister Narendra Modi.
The new policy will seeks to enhance domestic steel consumption and ensure high quality steel production and create a technologically advanced and globally competitive steel industry.
In Simple the new National Steel Policy 2017 aims to make India self-sufficient in steel production.
3.Chenab river to get World’s Highest railway bridge .
World's highest railway bridge taller than the Eiffel Tower is being built across the Chenab river in Jammu and Kashmir and is slated to be ready by 2019. once it completed , it will break the record of 275-metre tall Shuibai railway bridge in China
The 1.3 km will connect Bakkal in Jammu's Katra and Kauri in Srinagar. The bridge will be a crucial link that connects the Kashmir valley to the rest of the country. It is the part of the Udhampur-Srinagar-Baramulla rail link project
4.Banganapalle Mango received GI Tag.
The Banganapalle mango has received the geographical indication tag which makes Andhra Pradesh the owner of the variety that originates in its Kurnool district.
5..Union Cabinet approves MoU on Urea manufacturing Plant in Malaysia
Union Cabinet has given its ex-post facto approval to the signing of MoU with Malaysia on development of a Urea and Ammonia Manufacturing plant in Malaysia with off take to India and or off take of existing surplus Urea from Malaysia to India.
This will ensure consistent supply of Urea and Ammonia to cater the need of the country at a lower price, if agreed to by both the participants.