English Current Affairs 

National News 

• The government has decided to make additional market borrowing of Only 50, 000 crore in the remaining period of the current fiscal year to meet expenditure 
  
• Ministry of Housing and Urban affairs has approved the construction of 5,45,090 more affordable house for the benefit of urban poor under Pradhan Mantri Awas Yojana with an investment of Rs.31,003 cr with central assistance of Rs. 8,107 cr 

• Union Agriculture and Farmers welfare Minister sri Radha Mohan Singh has launched Livestock Disease Forewarning  - Mobile Application (LDF – Mobile App)

• Aiming to start Commercial seaplane operations before the 2019 general elections 

• India has Successfully test – Fired its Indigenously development Advanced Air Defence supersonic interceptor Missile, capable of destroying any incoming ballistic missile in low altitude from a test range in Odisha

• The Parliament has Passed the Indian institute of Petroleum and energy Bill-2017 which aims to provide high quality education and research focusing on themes of Petroleum hydrocarbon and energy 

Banking and Finance 

• The Government of India and world Bank signed an agreement for IBRD credit of USD 40 million from world Bank for “U.P pro – poor Tourism Development Project”

• According to research report by rating agency CARE, the 9.85% ratio of bad loans in bank has put India in the group of those nation that have very high non – performing assets. The only Major countries with similar, ratio are troubled EU Nation: Portugal, Italy, Ireland, Greece and Spain commonly referred as PIIGS. India at 5th Position in Non – Performing assets levels

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