Daily NEWS Update - 7th July 2015

1. ICRISAT unveils $300 phablet for farmers
i. Farmers now can have customised tips on their phablet on the kind of agricultural inputs they might require for their field.
ii. Based on the specific soil health of their small chunks of lands, scientists at the International Crops Research Institute for Semi-Arid Tropics (ICRISAT) and Government of Telangana would send timely messages to the farmers through the phablet.

iii. The Hyderabad-headquartered ICRISAT launched the Green Phablet, priced at $300 (about Rs. 18,600), for farmers in Telangana. The institute would maintain servers to safe keep the information. And even if a user loses his device, he would be able to get back the information in no time.
iv. ICRISAT Director-General David Bergvinson signed a tripartite agreement on Tuesday with the Departments of Agriculture and Information Technology to collaborate in transforming agriculture using digital technologies.
v. Addressing a gathering later, Telangana IT Minister KT Rama Rao said that there was a need to bring down the cost of the device to Rs. 10,000 to make it affordable for farmers.

2. Rajasthan might emulate Maharashtra's 'Jal Yukt Shivar Abhiyan' 
i. Impressed with the progress of Maharashtra's 'Jal Yukt Shivar Abhiyan,' Rajashtan may also adopt the state's flagship water conservation and Integrated water management scheme.

ii. Aiming to learn more about the state's water conservation programme, a delegation from Rajasthan, comprising a minister and senior bureaucrats are on Maharashtra tour and will visit a few sites where the project is currently underway. 
iii. "Jalyukta Shivar Abhiyan is an ambitious program of Chief Minister Devendra Fadnavis and he has toured almost each and every district to visit the project sites," Pankaja Munde, minister for water conservation said. 
iv. Meanwhile, after successfully involving people in implementing the scheme, Munde is considering to organise a 'Jalchetana Yatra' across the state from 2nd October. 

3. Inshore patrol vessel Rani Durgavati joins Indian Coast Guard
i. Inshore patrol vessel Rani Durgavati was inducted into the Coast Guard here on Friday at a ceremony where the Flag Officer Commanding-in-Chief of the Eastern Naval Command, Vice-Admiral Satish Soni, was the chief guest.

ii. Vice-Admiral Soni said coastal security had undergone a sea change after 26/11, and added that all agencies were important partners in preparedness. However, the Coast Guard was the most important one in coordinating with various agencies. He described Rani Durgavati as "another arrow in the quiver of the Coast Guard.”
iii. Rani Durgavati, the third in a series of five inshore patrol vessels of the Coast Guard, is named after the legendary Gond Queen who defeated the army of Baz Bahadur of the Mughal Army.
iv. Hindustan Shipyard Ltd which had built 174 ships and repaired 2,000 vessels across the range, including submarines.

4. President Pranab Mukherjee Inaugurates 'Nakshatra Vatika'
i. President Pranab Mukherjee today inaugurated a 'Nakshatra Vatika' in the gardens of Rashtrapati Nilayam in Hyderabad, one of the Presidential Retreats. He took a round of the garden and watered a plant representing 'Surya' or the Sun God.

ii. He was accompanied by Governor of Telangana and Andhra Pradesh E S L Narasimhan and Telangana Deputy Chief Minister Mohammad Ali, an official release said.
iii. The garden will be open to public along with other gardens of the Nilayam in the first week of January 2016. The layout of 'Nakshatra Vatika' has been developed in various geometrical combinations corresponding to the Sree Chakra of Vedic astrology on a 0.91 acre plot.
iv. Each square is planted with a particular tree or plant variety that represents the respective planet and is placed as per the astronomical direction. The first inner circular band is divided in 12 small circles at parts of 30A each corresponding to the 12 Rashi (zodiac sign). Each has a plant that represents the particular zodiac sign.

5. India skipper Mithali Raj completes 5000 runs in women's ODIs
i. Skipper Mithali Raj scripted a new chapter in the history of Indian women's cricket as she became the first from the country and overall second to reach the 5000-run milestone in one-day internationals.

ii. Her stylish unbeaten knock of 81 in Bengaluru on Monday guided the team to an eight-wicket victory over New Zealand, thereby leveling the five-match series 2-2.
iii. With the help of her pivotal innings, India chased down the target of 220 only in 44.2 overs. Before Mithali, only English woman Charlotte Edwards had completed 5000 runs in ODIs.
iv. Mithali fabulous innings was decorated with 10 well-timed boundaries. However, Harmanpreet Kaur's fireworks of 32 runs in 25 balls, with the help of four boundaries and two giant sixes, also entertained the crowd. Harmanpreet ended the match with a straight six off spinner Leigh Kasperek.

6. IDBI signs refinance agreement with Mudra Bank
i. State-run IDBI Bank today said it has signed an agreement with Mudra Bank for refinancing of loans given to small enterprises.
ii. As per the agreement, the Bank will offer credit facilities up to Rs 10 lakh to micro enterprises, at a competitive interest rate under Pradhan Mantri Mudra Yojana (PMMY) and Mudra will be providing refinance assistance to the bank for eligible sanctioned loan cases.
iii. The refinance scheme will be implemented through all the branches of the lender.
iv. Last week, Bank of Maharashtra had also signed an agreement with Mudra Bank for refinancing of loans given to new entrepreneurs and small businesses.

7. China nominated Jin Liqun, former Chinese Finance Minster, for the post of AIIB President
i. Former Finance Minster of China Jin Liqun was in news as on 6 July 2015 he was nominated by China to be the first president of the Beijing-backed Asian Infrastructure Investment Bank (AIIB).

ii. At present, Jin (65) is Secretary General of AIIB's interim secretariat. Earlier, he has held positions at the World Bank and was the first Chinese national to serve as a vice president at the Japan-controlled Asian Development Bank (ADB).
iii. Before joining AIIB in 2014, Jin was chairman of China International Capital Corporation, one of the mainland's largest investment banks. He holds a master's degree in English Literature from the Beijing Foreign Studies University and was a Hubert Humphrey Fellow in Boston University's economics graduate programme.
iv. The nominations for the post of president can be sent by the regional members by 31 July 2015 and the name of the president-designate will be finalised at the 6th Chief Negotiators' Meeting of the AIIB founding members in August 2015.

8. Renowned Urdu novelist Abdullah Hussain passed away
i. Renowned Urdu novelist from Pakistan Abdullah Hussain died on 4 July 2015 in Lahore after battling with blood cancer. He was 84.He is survived by his wife, a son and a daughter.

ii. He authored the bestseller and critically acclaimed novel Udas Naslain, it is considered as a masterpiece of Urdu literature. His other famous novels are Baagh, Nadaar Loag and short stories Faraib and Nashaib. Hussain was also awarded with the Prime Minister's Lifetime Achievement Award in 2015 for his work.
iii. Hussai was born as Mohammad Khan on 14 August 1931 in Gujrat, Punjab Province of Pakistan. He did his schooling and graduation from Zameendar College of Pakistan.