THE EXAMS MADE SIMPLE: 17th August 2017 The Hindu and PIB Daily Current Affairs

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17th August 2017 The Hindu and PIB Daily Current Affairs

1)Melbourne named ‘World’s Most Liveable City’:-
Melbourne has been named ‘The World’s Most Liveable City’ for the seventh consecutive year by the annual Economist Intelligence Unit’s (EIU) Global Liveability Index.

Top five most liveable cities:

Melbourne
Vienna
Vancouver
Toronto
Adelaide, Calgary.

2)Scientists discover new tectonic plate:-Researchers have discovered a new tectonic plate off the coast of Ecuador.

Scientists discovered the microplate — which they’ve dubbed “Malpelo” .



3)Cabinet approoved New Metro Rail Policy :-



  • According to the new policy, the Metro rail projects will be approved and aided by the Central government only if their is private participation and the projects ensures last-mile connectivity for commuters.
  • The policy allows respective states to formulate rules and regulations and it empowers them to establish permanent fare fixation authorities.
  • The policy was proposed by the Union Ministry of Urban Development and provides models for states seeking to develop Metro projects with help by the Centre.
  • The new policy says that the states will now have to come up with innovative ways to raise funds through means like value capture finance tools. They will also have to issue corporate bonds for metro projects for enabling low-cost debt capital.
  • One of the key aspects of the policy is the last mile connectivity that lays down a catchment area of 5km.
  • UMTA: Setting up of Urban Metropolitan Transport Authority (UMTA) has been made mandatory which is to prepare Comprehensive Mobility Plans for cities


4)North Koel Reservoir Project:- The project is situated on North Koel river which is a tributary of Sone river finally joining the river Ganga.
The North Koel Reservoir is located in the most backward tribal areas in Palamau and Garhwa districts of Jharkhand State.

North Koel river rises on Ranchi plateau and flows through Jharkhand. It joins the Sone a few miles north-west of Haidarnagar.

The North Koel, along with its tributaries, meanders through the northern part of Betla National Park.
The principal tributaries are the Auranga and the Amanat.

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