Daily Current Affairs 18th May 2023 For All Government Examinations

Daily Current Affairs 18th May 2023: EducationBro Provide Daily Base Current Affairs. This Most Important Daily Current Affairs Help You to Appear IBPS Banking SBI PO Clerical RRB SBI PO SSC CGL CHSL Railway and Other All Competitive Examinations.

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Govt appoints Ravneet Kaur as CCI Chairperson

The government has appointed Ravneet Kaur as the chairperson of the Competition Commission of India (CCI). Ravneet is an Indian Administrative Service (IAS) officer of the Punjab cadre.

Ravneet Kaur will replace CCI member Sangeeta Verma who has been serving as the interim chairperson since October last year after Ashok Kumar Gupta stepped down.

Cabinet approves MoU between CCI and Egyptian Competition Authority

The Union Cabinet has approved signing of Memorandum of Understanding (MoU) between Competition Commission of India (CCI) and Egyptian Competition Authority (ECA).

The MoU envisages promotion and strengthening of cooperation in competition law and policy through exchange of information, sharing of best practices as well as through various capacity building initiatives.

Aims

The MoU also aims to develop and strengthen linkages between CCI and ECA, and learn and emulate from each other's experiences in the enforcement of competition law in their respective jurisdictions through experience sharing and technical cooperation......Read More

Cabinet approves signing of Project Collaboration Agreement between DHR & WHO on Assistive Technology

The Union Cabinet has approved signing of Project Collaboration Agreement between the Department of Health Research (DHR) and the World Health Organization (WHO) on Assistive Technology.

The agreement was approved at the Union Cabinet meeting chaired by the Prime Minister Narendra Modi in New Delhi.

The Project Collaboration Agreement (PCA) was signed on 10.10.2022 by WHO and on 18.10.2022 by Department of Health Research (DHR).…Read More

Cabinet approves MoU between ICAI and CA Maldives

The Union Cabinet has approved the signing of Memorandum of Understanding (MoU) between Institute of Chartered Accountants of India (ICAI) and The Chartered Accountants of the Maldives.

The MoU was approved at the Union Cabinet meeting chaired by the Prime Minister Narendra Modi in New Delhi.

Aims

ICAI and CA Maldives aim to establish mutual co-operation for the advancement of Accounting Knowledge, Professional and Intellectual Development, Advancing the interests of their respective members and positively contributing to the development of the Accountancy Profession in the Maldives and India.......Read More

Cabinet approves PLI Scheme – 2.0 for IT Hardware

The Union Cabinet, chaired by Prime Minister Narendra Modi approved the Production Linked Incentive Scheme 2.0 for IT Hardware with a budgetary outlay Rs. 17,000 crore.

PLI Scheme – 2.0 for IT Hardware: Salient features

PLI Scheme 2.0 for IT hardware covers laptops, tablets, all-in-one PCs, servers and ultra small form factor devices
The budgetary outlay of the scheme is Rs. 17,000 crore
The tenure of this scheme is 6 years
Expected incremental production is Rs. 3.35 Lakh crore
Expected incremental investment is Rs. 2,430 crore.....Read More

Cabinet approves Rs. 1,08,000 crore towards fertiliser subsidy for this Kharif season

The Union Cabinet has approved 1,08,000 crore rupees towards fertiliser subsidy for this Kharif season.

Paytm appoints Bhavesh Gupta as President and COO

One 97 Communications Ltd, the parent company of Paytm has appointed Bhavesh Gupta, Senior Vice President as President and Chief Operating Officer (COO) of the fintech major.

Gupta holds a bachelor's degree from Delhi University and completed his MBA from Institute of Management Studies, Indore.

PM Modi to lay the foundation stone of various railway projects in Odisha

Prime Minister Narendra Modi will lay the foundation stone and dedicate several railway projects worth more than Rs. 8000 crores in Odisha on 18th May 2023 via video conferencing.

PM Modi to flag off the Vande Bharat Express between Puri and Howrah

Prime Minister Modi will also flag off the Vande Bharat Express train between Puri and Howrah. The train will pass through Khordha, Cuttack, Jajpur, Bhadrak, Balasore districts in Odisha and Paschim Medinipur, Purba Medinipur districts in West Bengal.

The Vande Bharat Express will provide faster, comfortable and convenient travel experience to the rail users, boost tourism and promote economic development in the region.

Key Highlights

PM Modi will lay the foundation stone of redevelopment of Puri and Cuttack railway stations. The redeveloped stations will have all modern amenities providing world class experience to the rail passengers.

Prime Minister Modi will dedicate 100% electrification of the rail network in Odisha. This will reduce the operating and maintenance cost and reduce reliance on imported crude oil.

Prime Minister Narendra Modi will also dedicate the doubling of the Sambalpur-Titlagarh rail line; a new broad gauge rail line between Angul-Sukinda; the third line connecting Manoharpur-Rourkela-Jharsuguda-Jamga and new broad-gauge line between Bichhupali-Jhartarbha.

Uttar Pradesh Govt launches online education program 'Pahal' for rural children

Uttar Pradesh Chief secretary Durga Shankar Mishra inaugurated an online rural education programme ‘Pahal’ at Government UP Sainik Inter College, Sarojini Nagar.

This program has been developed by the Department of Secondary Education in collaboration with IIT Kanpur.

Libyan parliament suspends its PM Fathi Bashagha

The Libyan parliament has suspended Prime Minister Fathi Bashagha after more than a year of his appointment.

The nation’s eastern-based parliament voted by majority to suspend Prime Minister Fathi Bashagha, refer him for investigation, and assign Finance Minister Osama Hammad to run the duties of Prime Minister.

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Daily Current Affairs 18th May 2023 For All Government Examinations