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Current Affairs of 21 May 2018

Keshav Kishore, Published On:21-May-2018


 1.     Permanent Resident Status Scheme


·        The Permanent resident Status (PRS) provides facilities who invest at least 10 crore under the Foreign Direct Investment (FDI) route in 18 months or 25 crore in 36 months.

·        The schme aims to boost production under Make In India scheme and was started in 2016.

·        PRS card holders are eligible to buy residential property in India.

·        PRs will be given for 10 years initially and can be renewed for another 10 years.


2.      World’s first floating nuclear station in Russia


·        To meet the growing energy needs Russia has installed world’s first floating nuclear power station.

·        The power station is on a ship and there are two reactors of 35 megawatts that can produce enough electricity to power a town of 200,000 residents.

·        Russia is seeking oil in north of Arctic and needs electricity in far flung locations.


3.      What is ‘Green Good Deeds’?


·        Green Good Deeds aims to protect the environment and promote good living in the country.

·        It got global recognition and was put forward by Indian Environment Minister Dr. Harshvardhan.

·        BRICS Ministerial meeting in South Africa has agreed to include Green Good Deeds in its official agenda in next ministerial meeting in Brazil.


4.      Recent Updates


·        Rajinder Singh became the President of Hockey India.

·        South Asia Wildlife Enforcement Network (SAWEN) 2018 meeting held in India.

·        Anil Kumar Jha has been appointed as the Chairman-Cum-Managing Director (CMD) of Coal India Limited (CIL).


Source: The Hindu, The Indian Express, PIB



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