Daily Current Affairs, 06th May 2018 - VISION

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Sunday, May 06, 2018

Daily Current Affairs, 06th May 2018







1)  Assam: Tallest flag to be installed in Guwahati under Smart City Mission
•In Assam, 97(point)3-meter tall national flag, the tallest in the country - will be installed in Guwahati under Smart City Mission. 

•Participating in radio talk show last night, Ankur Das, Team Leader of the mission - said that this work is being commissioned by the Industries and Commerce department in association with Smart City Mission. 

•He said, smart bio-toilets are being set up at 30 places in Guwahati under Smart City Mission. 

2)  Union Minister Alphons says revolutionary changes have taken place in last four years

•Union Minister Alphons Kannanthanam has said that revolutionary changes have taken place in the last four years in the country after the incumbent government came to power. 

•The minister said this after inaugurating central government sponsored development programmes under 'gram swaraj abhiyan' at Venganoor panchayat in Thiruvananthapuram today. 

•He also said the Centre's achievements have reached the lowest level in society and that the union government was spending more funds for the welfare of the poor and downtrodden.

3)  Ministry of Railways announces Awards for beautification of Station premises

•Out of 62 entries, Balharshah and Chandrapur (Central Railway) bag First prize;Madhubani (East Central Railway) and Madurai (Southern Railway) adjudged second; Gandhidham (Western Railway) Kota (West Central Railway) share Third Prize with Secunderabad (South Central Railway)

4)  India's 7% Projected Growth Rate For The Current Fiscal: ADB
•Asian Development Bank Chief Economist Yasuyuki Sawada has stated India's projected GDP growth of over 7 percent for the current fiscal (2018-19) is amazingly fast and if this momentum is maintained the size of the economy can double within a decade. 

•According to ADB, India should not worry about not achieving 8 percent growth but focus on increasing domestic demand by reducing the income inequality.