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18th May Daily Current Affairs 2023

18th May Daily Current Affairs 2023 refer to the latest news and events happening around the world and are relevant to our daily lives. Staying updated with the 18th May Daily Current Affairs 2023 is essential for students who are preparing for exams, especially competitive exams, as it forms an important part of the syllabus.…

By Pritipalit

18th May Daily Current Affairs 2023 refer to the latest news and events happening around the world and are relevant to our daily lives. Staying updated with the 18th May Daily Current Affairs 2023 is essential for students who are preparing for exams, especially competitive exams, as it forms an important part of the syllabus. The importance of the 18th May Daily Current Affairs 2023 lies in its ability to help students enhance their general knowledge, improve their reading and comprehension skills, and develop their critical thinking abilities. 18th May Daily Current Affairs 2023 also provides students with insights into various issues such as politics, economics, and social issues that are important for their overall development as informed citizens. Regularly reading and analyzing 18th May Daily Current Affairs 2023 not only helps students ace their exams but also prepares them for their future roles as responsible and well-informed citizens of society

PM Modi to visit Japan, Papua New Guinea, and Australia for G7 and Quad Summits

Prime Minister Narendra Modi will undertake a significant three-nation tour, starting on May 19th and concluding on May 24th. The tour includes participation in the G-7 Summit in Japan and the Quad Leaders’ Summit in Australia. Here are the key points and schedule of PM Modi’s visit:

  1. G-7 Summit in Japan: From May 19th to the 21st, PM Modi will attend the G-7 Summit in Hiroshima. The summit, hosted by Japan, will focus on crucial subjects such as peace, stability, and prosperity for a sustainable planet. PM Modi will engage in discussions with partner countries on topics including food security, energy security, gender equality, climate change, and development cooperation. He will also hold bilateral meetings with several leaders on the sidelines of the summit.
  2. Papua New Guinea – FIPIC III Summit: Following the G-7 Summit, PM Modi will travel to Port Moresby, Papua New Guinea, on May 22nd. He will host the third Summit of the Forum for India-Pacific Islands Cooperation (FIPIC III Summit) with Prime Minister James Marape. This marks the first visit by an Indian Prime Minister to Papua New Guinea. The FIPIC includes India and 14 Pacific Island Countries, and discussions will focus on strengthening cooperation and partnerships.
  3. Quad Leaders’ Summit in Sydney: From May 22nd to 24th, PM Modi will proceed to Sydney, Australia, for the Quad Leaders’ Summit. The summit will bring together leaders from the United States, Japan, Australia, and India to discuss developments in the Indo-Pacific region. The focus will be on promoting a free, open, and inclusive Indo-Pacific. PM Modi will also hold a bilateral meeting with Australian Prime Minister Anthony Albanese and engage with Australian CEOs, business leaders, and the Indian diaspora.

PM Modi’s tour demonstrates India’s active participation in global forums and its commitment to regional cooperation and dialogue on critical issues. Read the complete article here

Jal Jeevan Mission: Providing Safe Drinking Water to Rural India

In a major achievement during the Azadi ka Amrit Kaal, the Jal Jeevan Mission (JJM) has successfully provided safe and clean drinking water to over 12 Crore rural households in India through tap connections. When the JJM was launched by Prime Minister Shri Narendra Modi on 15th August 2019, only 3.23 Crore (16.64%) households in rural areas had access to piped water connections. This significant milestone signifies substantial progress in ensuring access to drinkable water for rural communities.

The tagline of the Jal Jeevan Mission is “Har Ghar Jal,” which translates to “Water to Every Household” in English. The tagline represents the mission’s core objective of providing functional tap water connections to every rural household in India. Read the complete article here

Mission Amrit Sarovar: Rejuvenating Water Bodies Nationwide

A meeting was conducted to assess the advancement and quality of Mission Amrit Sarovar, led by Shri Shailesh Kumar Singh, Secretary of the Ministry of Rural Development. The meeting included the participation of senior officials such as the Additional Chief Secretary, Principal Secretary, and Secretary of Rural Development from all States/Union Territories, as well as State Nodal officers, District Magistrates, District Collectors, and Chief Executive Officers from over 700 districts.

Mission Amrit Sarovar was launched on April 24, 2022, with the objective of developing and rejuvenating 75 water bodies in every district of India. The mission aims to create a total of 50,000 water bodies, each with an area of about an acre or more. It is a significant initiative undertaken as part of the celebrations of Azadi ka Amrit Mahotsav, commemorating 75 years of India’s independence. Read the complete article here

Government establishes the Accelerated Corporate Exit Processing Centre

The Ministry of Corporate Affairs (MCA) has established the Centre for Processing Accelerated Corporate Exit (C-PACE) to centralize the strike-off process of companies. This move aims to reduce the burden on the Registry, maintain a clean registry, and provide stakeholders with meaningful data. C-PACE simplifies filing and ensures timely striking off of company names from the Register. It aligns with MCA’s efforts to facilitate Ease of Doing Business and streamline company exits.

C-PACE operates under the Registrar of Companies (RoC) and is located at the Indian Institute of Corporate Affairs (IICA) in Gurgaon, Haryana. Its inauguration took place on May 1, 2023, and the office works under the supervision of the Director General of Corporate Affairs (DGCoA). The amendment of the Companies (Removal of Names of Companies from the Register of Companies) Rules, 2023, further supports C-PACE’s objectives. Overall, C-PACE marks a significant milestone in streamlining the company strike-off process and improving the Ease of Doing Business. Read the complete article here

No TDS on Interest from Mahila Samman Savings Certificate – Finance Ministry

The Mahila Samman Savings Certificate scheme is an empowering financial instrument exclusively for women, offering an attractive annual interest rate of 7.5%. It allows individuals to open an account in their name with a maximum deposit limit of Rs. 2 lakh. The recent CBDT notification exempts interest earned from TDS if it does not exceed Rs. 40,000 in a financial year. This benefits investors by allowing them to enjoy the full interest amount without immediate tax deductions. The scheme promotes financial empowerment among women and encourages savings and wealth growth. Read the complete article here

Nepali Climber Makes Record, Climbs Mount Everest For 27th Time

Kami Rita Sherpa, an experienced guide, has set a new record by climbing Mount Everest for the 27th time, surpassing his previous record of 22 ascents. Born in Thame, a village known for producing successful mountaineers, Kami Rita Sherpa followed in the footsteps of his father and brother to become a renowned climber. Nepal’s rich mountaineering legacy attracts adventurers from around the world, with this year seeing a record number of climbers attempting to summit Everest. Nepali guides, particularly Sherpas, play a vital role in supporting expeditions despite the risks involved. Kami Rita Sherpa’s achievement cements his status as an exceptional climber and a symbol of determination and excellence in mountaineering. Read the complete article here

Govt shuffles cabinet: Kiren Rijiju exited as Union Law Minister

Kiren Rijiju, who previously served as the Union Law Minister, has now transitioned to the Ministry of Earth Sciences. Arjun Ram Meghwal has been given the independent charge as Minister of State in the Ministry of Law and Justice, in addition to his current responsibilities. Rijiju assumed the role of Law and Justice Minister on July 8, 2021, after serving as the Minister of State (Independent Charge) for Youth Affairs and Sports from May 2019 to July 2021. Jitendra Singh, the Union Minister, was previously overseeing the Ministry of Earth Sciences. Read the complete article here

Tata Sons Chairman N Chandrasekaran Conferred With France’s Highest Civilian Award

N. Chandrasekaran, Chairman of Tata Group, has been honored with France’s prestigious civilian award, Chevalier de la Legion d’honneur. This recognition was bestowed upon him for his notable efforts in enhancing the trade ties between India and France. The award was presented to Chandrasekaran by Catherine Colonna, the French Minister for Europe and Foreign Affairs, on behalf of the President of France. Read the complete article here


  • Pritipalit

    Priti Palit, an accomplished edtech writer, boasts a wealth of experience in preparing candidates for multiple government exams. With a passion for education and a keen eye for detail, she has contributed significantly to the field of online learning. Priti's expertise and dedication continue to empower aspiring individuals in their pursuit of success in government examinations.

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PM Modi to visit Japan, Papua New Guinea, and Australia for G7 and Quad Summits

Jal Jeevan Mission: Providing Safe Drinking Water to Rural India

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