Current Affairs Plus-(9th June 2018)

Table of Contents

It was set up on August 29, 2001,This was done to counter corruption and speed up decision-making in military procurements.
Council is headed by Defence Minister
Functions of DAC is to give policy guidelines to acquisitions, based on long-term procurement plans and to clear all acquisitions, including imported equipment and those produced ingeniously or under a foreign license

Indians were stranded in Socotra island after a cyclone hit the area and INS Sunayna on Sunday had evacuated them in an operation christened “Nistar”. The cyclone Mekunu had badly hit various parts of Oman and the Socotra island.
Socotra also called Soqotra is located between the Guardafui Channel and the Arabian Sea.
It is the largest of four islands of the Socotra archipelago.
The territory is located near major shipping routes and is officially part of Yemen, and had long been a subdivision of the Aden Governorate.

The UN India Business Forum and the Women Entrepreneurial Platform of NITI Aayog formed a consortium to reduce gender disparities in start-up investments.
It will provide mentor-ship and networking opportunities and accelerating financial and market linkages for women entrepreneurs.
The consortium aims to strengthen women’s entrepreneurship by creating an enabling ecosystem for investments.
Women entrepreneurs will be identified through key partners, including WEP, UN Women, and UNDP. The consortium secretariat will then connect entrepreneurs with relevant member.
In full potential scenario when women participate in the economy, equally to men, it could add $2.9 trillion to India’s GDP by 2025.

Hori Habba, also known as Hatti Habba, Kobbari Hori Competition is a spectacular rural sport in which hundreds of trained and decorated drought cattle and bulls are made to run through huge crowds.
Catchers try to subdue the cattle and snatch away prizes such as copra, cash, gift items tied to them. The sports is practiced mainly in Shivamogga, Haveri and Uttara Kannada districts of the Indian state of Karnataka during the Deepavali festival.
Jallikattu is a similar sport practiced in the Indian State of Tamil Nadu.

Google-RailTel completed its 400th high-speed Internet project at Dibrugarh Railway station.
8 million people actively use the public Wi-Fi service on a monthly basis provided under “RailWire”.
Railwire is a joint project by Google and State-owned telecom infrastructure provider RailTel Corporation.
As part of the Next Billion Users initiative, Google is now building on the success of RailTel project to expand the public Wi-Fi outside train stations, into Indian cities and around the world.
The company has already launched a pilot of its Google Station – the public Wi-Fi platform – in Pune under the Smart City project.