Current Affairs 31st January 2017

Economic Survey 2017 was presented in Parliament by - Union Finance Minister Arun Jaitley

•  On 31st January 2017, Union Finance Minister Arun Jaitley presented Economic Survey 2017 in the Parliament. It was focused on Macro economy, Fiscal, Prices, Trade, Agriculture, Industry, Services etc.

Highlights :

• Indian economy may recover back to 6.75 per cent to 7.5 per cent in 2017-18.
• During April - November 2016, Indirect taxes grew by 26.9 per cent.
• The average CPI inflation declined to 4.9 per cent in 2015-16 from 5.9 per cent in 2014-15 and stood at 4.8 per cent during April-December 2015.
• Rupee performed better in 2016-17 among other emerging market economies.
• There is estimate 4.1 percent growth in Agriculture sector in 2016-17 as compared to 1.2 percent in 2015-16.
• The Parliament has passed the Rights of Persons with Disabilities Act, 2016.

RBI gave Payments Bank licence to - India Post

•  On 30th January 2017, India Post was granted Payments Bank licence from the Reserve Bank of India (RBI). Now India Post will be able to work as a Payments Bank.
• Paytm and Bharti Airtel already have Payments Bank licence so India Post is third one to get it. India Post started its operations in this field by rolling out pilot projects in Raipur and Ranchi. It will also be giving interst rates as :
• Deposits of up to Rs 25000 - 4.5 percent interest
• Deposits of 25000 - 50000  - 5 percent interest
• Deposits of 50000 - 100000 - 5.5 percent interest

Dushyant Chautala has been appointed as President of Table Tennis Federation of India 

• Dushyant Chautala was appointed the President of the Table Tennis Federation of India (TTFI). He became youngest president to serve in this body of sports. He will be serving at this post till 2021.

Sparsh Leprosy Awareness Campaign was launched by - Union Government

• Union Government launched nationwide Sparsh Leprosy Awareness Campaign with an aim to communicate importance of early detection and treatment of leprosy.
• This campaign will be an annual event from 30th January till 13 February.

Vinod Rai is head of Committee of Administrators to run BCCI 

•  Supreme Court (SC) appointed Vinod Rai as the head of four-member Committee of Administrators to run Board of Control for Cricket in India (BCCI). Important to mention here that Vinod Rai was former Comptroller and Auditor General (CAG).

 Moussa Faki Mahamat has been appointed as Chairman of African Union Commission 

• Chad's Moussa Faki Mahamat was elected as the Chairman of the African Union (AU) Commission.
• She will be first woman to lead AU and will be succeeding Nkosazana Dlamini-Zuma of South Africa.

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