Current Affairs Update – 27-30, September, 2017


Hello and welcome to exampundit. Here are the Important Current Affairs from 27 to 30 September, 2017. These are very important for the upcoming IBPS PO, IBPS RRB, OICL AO, UIIC Assistant & NICL Assistant Exams.


Banking & Financial News

ICICI Bank launches 1% 'cashback' home loans due to excess liquidity


  • Amidst excess liquidity, the largest private sector lender ICICI Bank on Thursday launched a mortgage product assuring borrowers a 1 per cent cash back on their monthly installment payment.
  • The product, which comes amid a long period of excess liquidity, sluggishness in overall credit pick-up and fears of a slowdown in the residential property market, can help a borrower get up to 11 per cent of the principal amount in a 30-year loan period.
  • The bank has launched two more schemes -- a 20 per cent cash back for spends by its debit and credit card customers up to a maximum of Rs 10,000, and a 20 per cent step-up repayment -- which can be availed of alongside, executive director Anup Bagchi said.
  • However, the bank said the offer is only for new home loan borrowers. The bank also did not say how much liquidity it is sitting on.
  • After hitting a record six-decade low of 5.08 per cent in FY2017 -- which was the worst since FY1953, the credit growth has been trending down in the system. In April-July period, the combined credit dispersal declined by a whopping Rs 1.53 trillion or 1.9 per cent over the same period last fiscal.
  • The bank posted a mortgage loan growth of 17 per cent in the first quarter and expects to maintain the same momentum ahead as well, Bagchi told reporters on a concall.
  • The cashback product comes weeks after its smaller rival Axis Bank also launched an offering promising to waive EMIs if the borrower does not default on EMIs in an effort to improvise borrower behaviour.

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Government announces key Decisions for transforming Indian Railway


  • The Minister of Railways Piyush Goyal announced various decisions taken by Ministry of Railways for Transformation of Indian Railways on 28thSeptember, 2017 in Rail Bhavan. He said that Railways is committed to ensuring high standards of service, speed and safety for Indian passangers and also ensuring contribution to national development.
  • The ministry has taken several key decisions which includes passenger safety, Modern Technology, energy efficiency, upgrading of health and education facilities etc.
1. Highest priority to passenger safety

  • Priority to safety, stress on field inspections by officers, eliminate the 5,000 unmanned crossings in a time-bound manner, by next year target is to shift to LHB coaches from ICF coaches, Provision of CCTV cameras in stations and coaches to enhance security for women and senior citizen, electronic interlocking of signals, revamping the existing signalling system and use of MTRC (Mobile Train Radio Communication) and TPWS (Train Protection & Warning System).
  • Decisions are also taken for TTE and RPF personals. RPF staff will not be allowed to check tickets, which is the function of TTEs. RPF will only assist ticket checking squads.
2. Transforming through technology

  • Use of mobile apps for monitoring the passenger services, high speed wi-fi connectivity in stations and coaches, increase the speed of around 700 trains, GPS based tracking of rail movement.
3. Energy efficiency

  • A complete electrification of Indian railways by the next 4-5 years. This move will lead to save Rs. 10,000 cr. To ensure 100% LED lighting and energy efficient appliances like fans, ACs etc. In trains, coaches, stations, office buildings and residential colonies in a given time.
4. Faster Redevelopment of stations

  • Planning to modernise about 20 stations in an efficient manner with superior infrastructure and passenger facilities including eateries, hotels, shopping, multimodal transport hub, disabled friendly, security etc. by December 2018
5. Railway Stations as Multi-utility centres

  • Many stations that receive very few trains in a day are proposed to be used as Multi-utility centres for activities like yoga centres, skilling, educational purposes etc.
6. Focus on welfare of field staff

  • Improving the overall working conditions of Group D employee. For example, gang-men, whose work is to ensure track safety, and who have to walk around 15-16 kms on an average in a particular day will be provided with comfortable uniforms and better quality shoes. Their living quarters (Gang huts) too will be improved.

Cabinet approves MoU between India and Belarus in oil and gas sector


  • The Union Cabinet led by Prime Minister Narendra Modi on 27 September 2017 gave its ex-post facto approval for a Memorandum of Understanding (MoU) signed between India and Belarus in the oil and gas sector.
  • The agreement was signed on 12 September 2017 following delegation-level talks between Indian Prime Minister Narendra Modi and visiting Belarus President Aleksander Grigoryevich Lukashenko in New Delhi.
  • The MoU is one among the ten agreements signed between the two nations. It was signed between M/o Petroleum & Natural Gas of the Republic of India and Belarusian State Concern of Oil and Chemistry.

Cabinet approves pacts by EXIM Bank under BRICS mechanism


  • Prime Minister Narendra Modi led Union Cabinet has given its nod for the signing of Interbank Local Currency Credit Line Agreement (ILCCLA) and (ii) Cooperation Memorandum Relating to Credit Ratings by Exim Bank with participating member banks under BRICS Mechanism.
  • However, both these agreements and the MoUs are umbrella pacts, and therefore, non-binding on partners, the Board of Directors of Exim Bank has been given authorization to negotiate and sign any individual contracts and commitments within their framework.
Impact of the pact

  • The Agreements signed by EXIM will promote multilateral interaction within the BRICS nations in the area of mutual interest. It will also deepen economic and political relations with BRICS nations.
  • This agreement signed by Exim Bank will in the international platform along with large development finance institutions, like VEB, CDS and BNDES.
  • Once the agreement signed by the Exim Bank, it may leverage this umbrella agreement, and can enter into bilateral agreement with any of these member financial institutions to raise resources for its function.
  • Whenever an opportunity comes for co-financing in commercial terms, by any 2-member institutions (say South Africa and India), lending in single currency by both the institutions would also be feasible.

Union Government launches Electronic Negotiable Warehouse Receipt System


  • Union Minister of Consumer Affairs, Food and Public Distribution Ram Vilas Paswan on 26 September 2017 launched the Web Portal of Warehousing Development and Regulatory Authority (WDRA) & Electronic Negotiable Warehouse Receipt (e-NWR) System in New Delhi.
  • While launching the system, Paswan appreciated the initiatives taken by the WDRA in simplifying the Warehouse Registration Rules, digitizing the entire process of registration, monitoring and surveillance as well as creation and management of Negotiable Warehouse Receipts (NWRs) in electronic form through two repositories.
  • The e-NWRs would be immune from any tempering, mutilation, fudging, loss or damage and with no possibility of any multiple financing.
  • Therefore, the NWRs will not only facilitate an easy pledge financing by banks and other financial institutions but also smooth trading on various trading centres like commodity exchanges, electronic National Agriculture Markets (e-NAM) and other electronic platforms.
  • These e-NWRs will save expenditure in logistics as the stocks could be traded through multiple buyers without physical movement and can be even split for partial transfer or withdrawal.

Kandla Port renamed as Deendayal Port


  • The Ministry of Shipping has issued a notice renaming Kandla Port Trust as Deendayal Port Trust with effect from 25th of September, 2017.
  • Kandla Port, situated on the Gulf of Kutch in Gujarat, is one of the twelve major ports in the nation. According to the Ministry's notice, the Central Government, in exercise of power presented on it under Indian Ports Act, 1908, made the correction to rechristened "Kandla" with "Deendayal".
  • While introducing different undertakings at Kandla Port in May this year, Prime Minister Shri Narendra Modi had given the proposal for renaming of Kandla Port after Pandit Deendayal Upadhyay, who fought for the upliftment of poor people and weaker segments of society.
  • Kandla port 's journey started in 1931 with development of a jetty by Maharao Khengarji. Progressively, this port in Gujarat turned into the number one port in India and on 31March 2016 it made history by taking care of 100 million tons freight in a year—the firstMajor Port to accomplish this feat.

News related to India & states

Indian Railways to work with ISRO to devise safety mechanisms for rail network


  • Indian Railways would be working with the Indian Space Research Organisation (ISRO) to devise safety mechanisms to make travel by trains safer.
  • The information was shared by Railway Minister Piyush Goyal, who said that he had met ISRO Chairman A S Kiran Kumar in this regard.
  • He further added that the Indian Railways was working along with RailTel to explore the use of space technology for safety in the rail network.
  • Besides this, the Minister said that modern technologies like artificial intelligence and machine learning would affect a change in the working environment and India has the opportunity to look at what is latest across the world and bring it to the country.
  • He also said that round the clock access to connectivity and electricity is the dream of billions of Indians and the government is making efforts to achieve it.

India International Science Festival 2017 to be held in Chennai


  • The 3rd edition of India International Science Festival (IISF) 2017 will be held in Chennai during from 13 October 2017 to 16 October 2017.
  • The Festival will be held at various venues, which include Anna University, Central Leather Research Institute (CLRI), Structural Engineering Research Centre (SERC), National Institute of Ocean Technology (NIOT) and IIT-Madras.
  • The India International Science Festival is organised jointly by the Union Ministry of Science and Technology, Union Ministry of Earth Sciences and Vijnana Bharati (VIBHA).

Vice-President Venkaiah Naidu declares rural areas in Nargund Open Defecation Free


  • Vice President M Venkaiah Naidu on 26 September 2017 declared the rural areas in Nargund Taluk of Karnataka as Open Defecation Free (ODF) while inaugurating Swachhta Hi Seva and Shouchalayakkagi Samara (A Crusade For Toilets) Programme in Karnataka.
  • Naidu also initiatied the activity of ‘Tippe Samskarane’ (Waste Processing) at Konnur Village in Naragund Taluk, Gadag District and also inaugurated a “Shudda Kudiyuva Neerina Ghataka” (Purified Drinking Water Plant).
  • On the occasion, Vice President Naidu honoured 13 Village Panchayat Presidents and the Naragund Taluka Panchayat President, the achievers of A Crusade For Toilets programme.

Govt launches ‘Divyang Sarathi’—Accessible and Comprehensive Mobile Application for easy information dissemination to ‘Divyangjans’


  • Minister for Social Justice and Empowerment launched the Beta version of ‘Divyang Sarathi’—The accessible and comprehensive mobile application for easy dissemination of information to ‘Divyangjans’.
  • This mobile application will undoubtedly empower the 'Divyangjans' by giving easier and helpful access of data to them as they would now be able to receive all details relating to the plans, grants, schemes, scholarships, and other crucial and relative information at a single click.
  • This mobile application aiming for giving all important data relating to the Ministry Social Justice and Empowerment, Department of Empowerment of Persons with Disabilities (DEPwD), including its different rules, acts, principles, directions s, plans, data about the different outreach organisations, employment opportunities, and the disability market in an accessible format.
  • As per the Census 2011, there are more than 2.68 crore 'Divyangjans' in India which constitute over 2.2% of the population. The mobile application 'Divyang Sarathi' is compliant with the standards of UNCRPD for Universal Access and the arrangements of the Rights of Persons with Disabilities Act, 2016.
  • The Act commands that all data to be made accessible in an accessible form.

Cabinet approves umbrella scheme of Modernisation of Police Forces


  • Prime Minister Shri Narendra Modi led Union Cabinet has given its nod for implementation of umbrella scheme of "Modernisation of Police Forces (MPF)" for years 2017-18 to 2019-20.
  • The total budget outlay for the Modernisation of Police Forces scheme over the three year’s period is Rs.25,060 crore, in which the Central Government will contribute Rs.18,636 crore and the States will contribute Rs.6,424 crore.
Important features of this scheme:

  • There are provisions madeunder the Scheme for law & order, internal security, women security, accessibility of modern weapons, versatility of police powers, logistic support, procuring of helicopters, upgradation of police wireless, National Satellite Network, CCTNS venture, E-prison project and so forth.
  • Under the umbrella scheme for Modernisation of Police Forces,  budget outlay of Rs.10,132 crore by central government has been earmarked for internal security related expenditure for North Eastern States, Jammu & Kashmir, and left wing extremism affected States.
  • The outlay of Rs.3,000 crore for the Scheme of Special Central Assistance (SCA) for worst LWE affected districts (35) has been introduced to tackle the issue of non-development in these district.
  • A budget of Rs.100 crore has been earmarked in the North Eastern States (NE states) for police training institutes, infrastructure upgradation, investigation facilities etc.

Union Cabinet approves MoU between India and Afghanistan on cooperation on Police Training


  • The Union Cabinet chaired by the Prime Minister Narendra Modi on 27 September 2017 approved Memorandum of Understanding (MoU) between India and Afghanistan on technical cooperation on police training and development.
  • The MoU will help in capacity building of Afghanistan National Police and improving the security apparatus in the region.
  • The MoU was approved for a period of 5 years from the date of signing the MoU. It can be extended for a further period of 5 years on the condition that there are no further changes or revisions.

India and Norway sign Letter of Intent to extend cooperation in health sector


  • India and Norway signed a Letter of Intent on 28 September 2017 to extend bilateral cooperation within health sector through the Norway India Partnership Initiative (NIPI) for a period of three years starting from 2018.
  • The letter was signed in New Delhi between the Union Ministry of Health and Family Welfare and the Norwegian Ministry of Foreign Affairs.
  • Through this initiative, the cooperation between India and Norway will continue to be aligned with the development goals of the Indian Government as outlined in its National Health Policy 2017 for the achievement of Sustainable Development Goals (SDGs).

India and the United States renew commitment for Joint Collaboration on Health


  • India and the United States on 27 September 2017 renewed their commitment to collaborate in the healthcare sector at the second India-US Health Dialogue that was held on 26-27 September 2017 in New Delhi.
  • The two-day event saw several experts deliberate on issues of bilateral importance including communicable and non-communicable diseases, low-cost innovations, food and drug regulations, traditional medicine and access to medicines.
  • This Health Dialogue touched upon several issues- communicable and non-communicable ‎diseases, health systems, biomedical research and low-cost innovations, science and health data, food and drug regulations, traditional medicine and access to medicines.
  • India and U.S. have a long history of health cooperation which has now started converging on the platform of the India-U.S. Health Dialogue.
  • The dialogue addresses the health challenges faced by the people in both countries, such as cancer, R&D, communicable and non-communicable diseases, traditional medicines, access to medicines, food and drug regulation, antimicrobial resistance, etc.
  • The dialogue engages both the countries on these health issues not only to address health challenges but also to contribute to global health objectives and outcomes.
  • The main aim of this dialogue is to better address the health challenges faced by the people of the two countries.

Cabinet approves pact between India and Ethiopia on cooperation in communication field


  • The Union Cabinet led by Prime Minister Narendra Modi on 27 September 2017 gave its approval to the agreement between India and Ethiopia on cooperation in the field of Information, Communication and Media.
  • The pact mainly aims to harness the growing power of Information, Communication and Media for information dissemination and enhancing outreach between the two countries for inclusive development.

Central Government increased Doctors Retirement age to 65 years


  • Prime Minister Narendra Modi led Union Cabinet has approved the suggestion to increase the retirement age of doctors to 65 years. But, this decision shall not be applicable to Central Health Service (CHS) doctors.
  • The decision is expected to help in better patient care, better academic activities in Medical institutes and colleges as also it will help in effective and better implementation of National Health Programmes (NHP) for delivery of health care services.
  • Through this decision, 1445 doctors under various Departments/Ministries of the Central Government would be benefitted.

Appointments

Royana Singh appointed as first woman chief proctor of BHU


  • The Banaras Hindu University (BHU) on 28 September 2017 appointed Royana Singh as the first woman Chief Proctor of the institution. The appointment was approved by Vice Chancellor Girish Chandra Tripathi.
  • Royana would be succeeding O.N. Singh, who resigned on 26 September taking "moral responsibility" for the recent incidents of violence on students inside the premises of the university.
  • Prior to this appointment, Royana served as an assistant professor at the Institute of Medical Science (Anatomy Department).
  • Besides being the first woman ever to hold the post in the university’s history, Royana also heads the university’s women grievance cell.
  • Speaking on her new responsibility, Singh said she has a zero-tolerance approach towards eve-teasing and will ensure nothing of the sort is repeated on campus. “I will be in touch with wardens and teachers and wardens will be told to constantly interact with students so that we get to know of a problem at the start. But there is no gender discrimination on campus. I can say this with certainty,” she was quoted saying.

Joao Lourenco sworn in as President of Angola


  • Joao Lourenco on 26 September 2017 was sworn in as the President of Angola. With this, he became the first new President of Angola in 38 years.
  • Lourenco took over the position from Jose Eduardo dos Santos, who ruled the country for around four decades.
  • The People's Movement for the Liberation of Angola (MPLA) has governed since Angola's hard-fought independence from Portugal in 1975, with Dos Santos taking power in 1979.

Lists & Indexes

India jumps to 14th rank as best country for expats: HSBC Survey


  • India jumped up the global rankings by 12 places to take the 14th position in terms of best country for expats to work in and live says a HSBC survey.
  • The ranking is a part of HSBCs latest expat explorer survey that covered 27,587 expats from 159 countries and territories in March and April this year. Singapore topped the HSBCs expat explorer survey.
  • The reasons which are attributed to the sudden rise of India in the list is strong ratings across a range of economic, experience and family measures.
  • The report said that India attracts many expats for work and financial opportunities, but new arrivals here often find their family life improves significantly too.
  • At the same time, the India has also emerged among the top 10 countries among expats for professional development.
  • The survey report said that the number of resident expats who recommend India  for career growth has increased by 12 percentage points since 2016 to almost two-thirds (63 per cent), placing it 7th in our ranking for career progression.
  • About 71% expats in the country reported high confidence in the Indian economy, while 58% exuded optimism on political stability.
  • One of the highest in gross personal income per year in the world with an average USD 176,408, over 50% of the expats said India is a good place to start a business.
  • Survey found that settling in India had improved family related issues for expats and India is now ranked 2nd in terms of bringing expat couples closer together.
  • Almost half (48%) of expat children easily made new friends according to their parents, ranking India 3rd in the world for this parameter.

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India Ranked 40th On World Economic Forum's Global Competitiveness Index


  • India has been positioned as the 40th most competitive economy on the World Economic Forum's Global Competitive Index (GCI) 2017-18. It has slipped one place from the last year ranking.
  • Switzerland is at the top of the world global index followed by US Singapore at the second and third places, individually.
  • World Economic Forum puts out the ranking of 137 countries from all around the world. It measures all economies at the factor of future productivity and prosparity. India has slipped from the 39th position to 40th while neighbouring China is positioned 27th.
  • India is at third position in the BRICS economies. China (27th) and Russia (38th) are placed above India among the BRICS nations. Other countries South Africa and Brazil are placed at the 61st and 80th spots, respectively.
  • India is at the top place among south-east Asian countries followed by Bhutan (85), Sri Lanka (85), Nepal (88), Bangladesh (99) and Pakistan (115).
  • WEF said India's score is at its best ever as per the current methodology, which positioned Switzerland as the world's most competitive economy.
  • As per the WEF report India's competitiveness has enhanced. WEF also said that among the developing markets, which have been seen as a having a great potential in the mid 2000s, Brazil and Turkey have now lost a significant part of the ground they picked up before 2013, however China, India and Indonesia keep on improving.

Sports News

French anti-doping laboratory suspended by WADA


  • The French anti-doping laboratory of Chatenay-Malabry in September 2017 was provisionally suspended by the World Anti-Doping Agency (WADA).
  • This provisional suspension was imposed due to analytical issues self-reported to WADA by the laboratory.
  • The provisional suspension, which took effect on 24 September 2017, prohibits the Paris Laboratory from carrying out any anti-doping activities, including all analyses of urine and blood samples. The suspension will remain in place pending disciplinary proceedings being carried out by an independent Disciplinary Committee.

Awards & Honors

President of India presents the National Tourism Awards 2015-16


  • The President of India, Ram Nath Kovind presented the ‘National Tourism Awards 2015-16’ to various segments of the travel, tourism and hospitality industry at a function organised by the Ministry of Tourism on the occasion of ‘World Tourism Day’ on 27 September 2017 at New Delhi.
  • The function presided over by Minister of State (I/C) for Tourism, Alphons Kannanthanam saw in attendance tourism ministers of states, central and state government officials, members from the travel and hospitality industries and students from tourism and hospitality institutes.
  • The event also saw the launch of ‘Incredible India 2.0 campaign’ and ‘Adopt a Heritage’ project and new Incredible India website by the President.
  • Best State for Comprehensive Development of Tourism - Gujarat, Madhya Pradesh
  • Best Tourism Film - Promotional Films on Rajasthan, Department of Tourism, Government of Rajasthan
  • “Visit Mysuru” by M/s Safe Wheels Tours & Travels, Mysuru (Special Award)
  • Tourist Friendly Railway Station - Ujjain Railway Station, Madhya Pradesh
Swachhta Award - Government of Telangana

Days

International Day for Universal Access to Information 2017 observed globally


  • The International Day for Universal Access to Information (IDUAI) was observed globally on 28 September 2017. The celebrations and events for the Day are organised by UNESCO.
  • The year 2017 marks the second year observation of 28 September as the International Day for Universal Access to Information.
  • The celebrations of the day kick-started in Tunisia on 25 September with a panel event gathering around 250 participants to discuss progress and new initiatives around Tunisia’s Access to Information law.
  • From 27 to 30 September 2017, UNESCO hosted a Conference under the theme “Overcoming Divides and Achieving the SDGs in Africa” in Balaclava, Mauritius. This event will consist of plenary sessions, workshops and technical sessions.
  • On 28 September 2017, the International Programme for the Development of Communication (IPDC) hosted the second whole-day event “IPDCtalks: Powering Sustainable Development with Access to Information” in UNESCO Headquearters, Paris, France.

World Heart Day 2017 observed on 29 September with the theme "Share the Power"


  • The World Heart Foundation organizes World Heart Day on September 29 each year to inform people about cardiovascular diseases (CVDs), which are the biggest cause of death and disability in the world. The day promotes the awareness for preventive measures to reduce the risk of CVDs.
  • Cardiovascular disease is a group of disorders affecting the heart and blood vessels which supply blood to lungs, brain, kidneys and other parts of the body. World Health Organization (WHO) has a target to reduce premature deaths from non-communicable diseases (NCDs) 25% by 2025, of which CVDs make up the largest proportion.
  • This year, World Heart Day theme is ‘share the power’. Small changes, such as eating a healthy diet, getting more exercise and giving up smoking can make heart powerful. The World Heart Foundation on this World Heart Day is asking everyone to share how they power their heart and inspire millions of people around the world to be heart healthy. We should take action to keep our hearts healthy and charged.

International Translation Day 2017 observed globally


  • The International Translation Day was observed for the first time on 30 September 2017.
  • The Day was celebrated with an aim to pay tribute to the work of language professionals, which plays an important role in bringing nations together, facilitating dialogue, contributes to the development and strengthens world peace and security.
  • The Day also recognises transposition of a literary or scientific work from one language into another language as indispensable to preserve clarity, climate and productiveness in international public communication.

National Disaster Management Authority celebrates 13th Formation Day


  • The 13th Formation Day of National Disaster Management Authority (NDMA) was celebrated in New Delhi on 28 September 2017 with the theme ‘School Safety’. The event was inaugurated by the Union Home Minister, Rajnath Singh.
  • The event saw in attendance NDMA members and officials, senior officials from HRD Ministry, NDRF, NIDM, officials from Central and state governments, Municipal commissioners, district collectors and representatives from NGOs, NCERT and educational institutions.
  • The discussions at the event aimed to increase awareness and ensure better implementation of the School Safety guidelines.

World Rabies Day observed with theme Rabies: Zero by 30


  • World Rabies Day was observed on 28 September 2017. The theme for World Rabies Day is Rabies: Zero by 30.
  • The day is annually celebrated to raise awareness about rabies prevention and to highlight progress in defeating the disease.
  • The day’s theme sets the goal of reaching zero human deaths from canine rabies by the year 2030. At the global conference on rabies elimination in 2015, a common goal of zero human deaths from canine rabies by 2030 was agreed by the World Health Organization, World Organisation for Animal Health, UN Food and Agriculture Organization and GARC.
  • In addition, 28 September also marks the anniversary of Louis Pasteur's death, the French chemist and microbiologist, who developed the first rabies vaccine.
  • Today, safe and efficacious animal and human vaccines are among the important tools that exist to eliminate human deaths from rabies while awareness is the key driver for success of communities to engage in effective rabies prevention.

World Maritime Day observed globally


  • The World Maritime Day was celebrated across the world on 28 September 2017 with the theme ‘Connecting Ships, Ports and People’.
  • The idea behind introducing the theme is to provide an opportunity to focus on the many diverse actors involved in the shipping and logistics areas.
  •  Its main objective is to build on the World Maritime Day theme for 2016, ‘Shipping: indispensable to the world’.
  • It aims to do so by focussing on helping International Maritime Organization (IMO) member states to develop and implement maritime strategies to invest in a joined-up, interagency approach.

World Tourism Day 2017 observed across the world


  • The World Tourism Day was observed across the world on 27 September 2017 with the theme Sustainable Tourism - a Tool for Development. The major events for the day were organised in Doha, Qatar.
  • This year, the celebration of World Tourism Day focuses on how sustainable tourism can contribute to development of world. Sustainable tourism is defined as tourism that takes full account of its current and future economic, social and environmental impacts.
  • Moreover, the year 2017 in itself is being celebrated as 'International Year of Sustainable Tourism for Development' following the proclamation by UN General Assembly on 22 December 2015.
  • The year 2017 was chosen to ensure the positive impact of well-managed tourism on inclusive and equitable growth, sustainable development and peace.

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