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Current Affairs of 25 Feb 2018

Keshav Kishore, Published On:25-Feb-2018

 1.     E-waybill for inter-state good from April 1

• To eliminate tax evasion and increase revenues by about 20 %, a group of State finance ministers (GoM) mooted the implementation of electronic-waybill generation for inter-state movements of goods from April 1, 2018.

• This electronic bill will be generated on the GST-Network (GSTN) - a common and shared information technology (IT) infrastructure between the Centre and States.

• E-waybill will be generated when there is a movement of goods in a vehicle or other conveyance of value more than Rs. 50000.


2.     Six agreements between India and Canada

• India and Canada have signed six pacts in different fields including energy cooperation, nuclear science, sports, education, science and technology and information communication technology.

• The agreements were signed in New Delhi after delegation level talks between Prime Minister Narendra Modi and Canadian Prime Minister Justin Trudeau.

• The two way trade between both the countries in the field of gems, jewellery and precious stones, pharmaceutical products, readymade garment, textiles, organic chemicals etc. is approximately $6.05 billion which is 1.95% of Canadian global trade.

• The Capital of Canada is Ottawa and its currency is Canadian dollar.

3.     Centre Plans a ‘War Room’ to track Investments

• The Ministry of Commerce and Industry is thinking to set-up a war room to monitor all investments, including domestic and ascertain problems faced by investors.

• The cue to make such a war room is come from Nivesh Mitra portal in UP Chief Minister’s office.

• The idea by Commerce Minister was given while speaking to the 15th series of BioAsia Summit 2018 in Hyderabad.


4.     A New Plant from West Bengal named after Abdul Kalam

• Scientists of Botanical Survey of India (BSI) have identified a new plant species from Buxa National park and Jaldapara National Park of West Bengal.

• It is named Drypetes kalamii which is a small shrub found to be shorter version of close relative Drypetes ellisii.

• Name of former President A.P.J. Abdul Kalam is chosen by scientists to give a name to this new species of plant.


• The scientists have provisionally assessed the plant to be “Critically Endangered” and this plant is a close relative of a medicinal plant in Sanskrit as Putrajivah.



Source: The Hindu, The Indian Express

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