NATIONAL
UPDATES:
1. HRD Minister releases UGC
guide to the student induction programme:
The Human Resource Development (HRD) Minister Ramesh Pokhriyal
Nishank released the UGC Guide ‘Deeksharambh’ in New Delhi.
The guide will help new students to build bonds with fellow students
and faculty members in the new environment.
Note:
‘Deeksharambh’ is a guide to Student Induction Programme (SIP) to
help new students adjust and feel comfortable in the new environment, inculcate
in them the ethos and culture of the institution. To promote Deeksharambh,
UGC will shortly conduct awareness and training programmes for teachers in
different regions in the country.
2. Lok Sabha passes Finance Bill 2019:
The Lok Sabha has passed the Finance Bill, 2019 that will
give effect to the proposals of the Central Government for the year
2019-20. The Finance Bill contains tax proposals for the current fiscal. The
proposed amendments will promote 'Make in India' and Startups.
Note:
Union Finance Minister of India: Nirmala Sitharaman.
3. BSE, Haryana govt sign pact to
facilitate MSMEs raise capital:
BSE has inked a pact with Haryana government to
encourage and support state's micro, small and medium
enterprises (MSMEs) to raise capital. The Government of Haryana and
BSE intend to facilitate SMEs in raising funds through BSE's dedicated platform
for SME's "BSE SME" where small companies can
list and raise productive capital, gain
visibility and credibility vis-a-vis large corporates.
Note:
Capital of Haryana: Chandigarh; Chief Minister: Manohar Lal
Khattar; Governor:Satyadev Narayan Arya; Managing Director & CEO of
BSE: Ashish Kumar Chauhan.
4. Health Ministry signs MoU for
enhanced cooperation to end TB by 2025: Union Health
Ministry has signed an MoU with Ministries of Ayush, Defence and Railways to
strengthen the efforts towards a TB-Free India by 2025. The MoU was
signed in the presence of Minister of State for Health Ashwini K
Choubey and Minister of AYUSH Shripad Nayak. Around 28 lakh
people contract the disease every year in the country and four lakh
people die every year.
Note:
Tuberculosis (TB) is a potentially serious infectious disease that mainly
affects your lungs. The bacteria that cause tuberculosis are spread from one
person to another through tiny droplets released into the air via coughs and
sneezes.
5. GeM, SAIL signs pact to set up
project management unit: Government
eMarketplace and Steel Authority of India has signed an MoU to
set up GeM Organizational Transformation Team - Project Management
Unit (GOTT-PMU). With this MoU, SAIL has become the first
public sector undertaking to establish GOTT PMU for transforming their
procurement landscape and increasing their footprint on GeM.
Note:
CEO of Government e Marketplace (GeM): Radha Chauhan; Chairman of
SAIL: Anil Kumar Chaudhary.
6. Cabinet approves Rs 1,600 cr
for Dibang Multipurpose Project in Arunachal: Union
Cabinet chaired by Prime Minister Narendra Modi has
approved 1,600 crore rupees for Dibang Multipurpose Project in
Arunachal Pradesh. The project is envisaged as a
storage-based hydro-electric project with flood moderation as the key
objective. This is the largest ever Hydro Electric Projects to be
constructed in India with a height of 278 metres, once completed.
The Union Cabinet also approved the doubling of a vital railway line
connecting Guwahati with New Bongaigaon at a cost of 2,042 crore rupees.
The project will be completed by 2022-23 and will be executed by the
construction organisation of the Northeast Frontier Railway. It also cleared seven
amendments to the insolvency law that seeks to put in place a 330-day deadline
for the corporate resolution process.
Note:
CM of Arunachal Pradesh: Pema Khandu. Governor: B. D. Mishra.
7. Cabinet extends 15th Finance
Commission's term up to 30th Nov: The Union
Cabinet has approved the extension of the term of Fifteenth Finance
Commission up to 30th November this year. It will enable the Commission to
examine various comparable estimates for financial projections in view of
reforms and the new realities to finalise its recommendations for the period
2020-2025. Cabinet has also approved the proposed amendment to enable Fifteenth
Finance Commission to address
serious concerns regarding the allocation of adequate, secure and non-lapsable
funds for defence and internal security of India.
Note:
The Fifteenth Finance Commission was constituted by the President
on 27th November 2017. It was to submit its report on the basis of its
Terms of Reference by 30th October this year covering a period of five
years commencing from 1st April 2020.
8. Garbage Cafe scheme launched
in Ambikapur city of Chhattisgarh: The Municipal
Corporation of Ambikapur has launched a ‘Garbage Cafe scheme’ (India’s first
garbage cafe) at Ambikapur city in Chhattisgarh. Under this scheme, a person
fetching a kilo of plastic waste to the garbage cafe will be assured of a full
meal. Those collecting at least 500 grams will benefit from a substantial
breakfast. Earlier, Ambikapur was ranked second cleanest city in India after
Indore.
9. Prakash Javadekar inaugurates
10th Jagran film festival: Information and
Broadcasting (I&B) Minister Prakash Javadekar has
inaugurated the 10th Jagran Film Festival at Siri Fort Auditorium in
New Delhi. He highlighted the importance and impact of cinema on the life
of people and termed that it is a medium which connects people. He
recalled the historical development of cinema in India and the
growing impact of Indian cinema as a transporter of India’s soft power.
Note:
Jagran Film Festival (JFF) is perhaps the world's largest travelling
film festival rooted in India, conducted since 2010. The festival is
a Jagran Prakashan Group initiative aimed at promoting the
appreciation of the cinematic art beyond the major metropolitan cities of India
to smaller towns.
10. "Kargil: Untold stories
from the War" Book released: "Kargil:
Untold stories from the War", the book published by Penguin Random
House, is authored by Rachna Bisht Rawat. On the 20th
anniversary of the Kargil War, a new book will revisit the freezing battle
grounds of the 1999 conflict through untold stories of its bravest soldiers.
INTERNATIONAL
UPDATES:
1. European Union fines chipmaker
Qualcomm $271 million: European Union has fined US
based chipmaker Qualcomm $271 million, accusing it of "predatory
pricing" to drive a competitor out of the market. Baseband chipsets
are key components of mobile devices which enables it to connect to the
internet. Qualcomm sold these products at a price below cost to key customers
with the intention of eliminating a competitor.
2. Sri Lanka signs agreement with
India to upgrade railway lines: Sri
Lanka has signed an agreement with India to upgrade tracks in a
key railway segment connecting the north and south at a cost of $ 91.26
million. This is the first time in 100 years that the 130 km-long-tracks,
running from Maho town in the North Western Province to Omanthai in
the Northern Province, are being upgraded. The contract agreement for
concessional financing was signed in Colombo between the Government of Sri
Lanka and IRCON International Ltd (India). India has so far upgraded around 300
km of railway track and provided modern signalling & telecommunication system for around 330
km in Sri Lanka.
Note:
Chairman & Managing Director, IRCON: Sunil Kumar Choudhury.
3. Ebola outbreak declared global
health emergency in DR Congo: The World Health
Organization (WHO) has declared the ‘Ebola crisis’ in the Democratic
Republic of Congo a public health emergency of international concern. The
UN health agency made the announcement days after the virus was confirmed in
Goma, a major regional crossroads in north eastern Congo on the Rwandan border.
According to Tedros Adhanom Ghebreyesus (WHO director-general), it was time for
the world to take notice of the epidemic and called for a redoubling of efforts
to battle it back. More than 1,600 people have died since August in the
second-deadliest Ebola outbreak in history, which is unfolding in a region
described as a war zone. This is the fifth such declaration in history.
Note:
Ebola virus disease (EVD) or Ebola, is a viral hemorrhagic fever of humans
and other primates caused by ebolaviruses. The virus spreads through direct contact with
body fluids, such as blood from infected humans or other
animals.
4. First, ever use of Indian waterway
to transport Cargo from Bhutan to Bangladesh: The
first-ever use of an Indian waterway to transport cargo from Bhutan to
Bangladesh via India. A shipment of stone aggregates was formally received at
Narayangunj by Riva Ganguli Das (Indian High Commissioner to Bangladesh) along
with Sonam T. Rabgye (Ambassador of Bhutan to Bangladesh). The Indian cargo
ship MV AAI carrying stone aggregates from Bhutan arrived in Narayanganj in
Bangladesh through the Indo-Bangladesh protocol route. The stone aggregates were transported by
trucks from Phuentsholing in Bhutan which is 160 kms from Dhubri jetty in Assam
before being shipped to Bangladesh through the Brahmaputra. The transport of
cargo through this route will cut short travel time by 8 to 10 days and reduce
transportation cost by 30 per cent. It will also be a more environmentally
friendly mode of transport.
5. India permits 1,239 tonnes of
raw sugar export to the US: The Union government has
permitted the export of 1,239 tonnes raw sugar under its tariff-rate
quota (TRQ) to the US, which enables shipments to enjoy relatively low
tariff. TRQ is a quota for a volume of exports that enter the US at
relatively low tariffs. After the quota is reached, a higher tariff applies to
additional imports. Directorate General of Foreign Trade in a public
notice said that an additional quantity of 1,239 tonnes of raw cane
sugar to be exported to the US under TRQ up to September 30, 2019. The country
enjoys duty-free sugar exports to the US for up to 10,000 tonnes annually under
preferential quota arrangement.
OTHER
UPDATES:
SPORTS
1. Sarabjot Singh wins India's
ninth gold in ISSF Junior World Cup: In Shooting,
India’s Sarabjot Singh (17-year) shot a 239.6 to bag the men's 10 metres air
pistol gold medal in ISSF Junior World Cup in Suhl, Germany. This is
India's ninth yellow metal at ISSF Junior World Cup event. Now, India
remains on top of the medal standings with nine gold, nine silver and four
bronze for a total of 22 medals.
Note:
The 2019 ISSF Junior World Cup is the annual edition of the ISSF Junior World
Cup, governed by the International Shooting Sport Federation.
2. Inzamam-ul-Haq decides to step
down as Pakistan chief selector: Former Pakistan
skipper Inzamam-ul-Haq has decided to step down as Pakistan chief
selector. According to Inzamam-ul-Haq, he would not seek an extension or
renewal of his contract, which is due to expire by the end of this month. Inzamam
came under severe criticism as the chief selector after Pakistan failed to
qualify for the knockouts in the recently concluded ICC Cricket World Cup.
3. ICC suspends Zimbabwe Cricket:
International Cricket Council has suspended Zimbabwe for failing
to ensure there is no government interference in its running of the sport. ICC
funding has been withdrawn and the country will be barred from participating at
ICC events. Zimbabwe's Test status was suspended by the ICC in June 2004.
Note:
ICC Chairman: Shashank Manohar; ICC of Headquarter:Dubai,
UAE; The 13th edition of ICC Cricket World Cup will be held
in India from February 9 to March 26, 2023.
BANKING AND FINANCE
1. Bimal Jalan panel report on
surplus RBI reserves 'finalised': Bimal
Jalan led six-member panel on Economic Capital
Framework (ECF), formed by RBI has finalised its report on
surplus RBI reserves. The panel has recommended that surplus
reserves held by the central bank should be transferred to the
government in tranches over three to five years.
Note:
RBI Governor: Shaktikant Das; Headquarters: Mumbai; Founded: 1
April 1935, Kolkata.
AWARDS AND HONOURS
1. P T Usha nominated for IAAF
Veteran Pin: Former Olympic track and field athlete P
T Usha has been nominated for the International Association of
Athletics Federations Veteran Pin for her ‘long and meritorious
service to the cause of World Athletics’. She will receive the pin during
the opening ceremony of the 52nd IAAF Congress in Doha.
Note:
IAAF CEO: Jon Ridgeon.
2. Sachin Tendulkar inducted into
ICC’s Hall of Fame 2019: Indian batting icon Sachin
Tendulkar (46-years) and South African pace legend Allan
Donald (52-years) and Australian
woman cricketer Cathryn Fitzpatrick have been inducted into
the International Cricket Council’s (ICC) Hall of Fame 2019. Sachin
Tendulkar (retired in November 2013) has 34,357 runs across formats
and is the only batsman to have 100 international hundreds under his
belt. Allan Donald is one of the finest bowlers to have played
the game and had 330 Test and 272 ODI wickets to his credit before
calling it quits in 2003. Fitzpatrick is the second-highest
wicket-taker of all time in women’s cricket with 180 ODI
scalps and 60 in Tests.
Note:
The ICC Cricket Hall of Fame recognises the achievements of the legends of the
game from cricket's long and illustrious history. It was launched by the
International Cricket Council (ICC) in Dubai on 2 January 2009, in association
with the Federation of International Cricketers' Associations (FICA), as part
of the ICC's centenary celebrations; Other Indians on the list are Bishan
Singh Bedi, Sunil Gavaskar, Kapil Dev, Anil Kumble, Rahul Dravid;
ICC Chairman: Shashank Manohar, Headquarters: Dubai, United
Arab Emirates
DEFENSE
1. INS Sagardhwani embarks
on mission Sagar Maitri: INS Sagardhwani embarked on a
two-month-long Sagar Maitri Mission-2 from Southern Naval Command in
Kochi. INS Sagardhwani is an oceanographic research
vessel of the Defence Research and Development Organisation (DRDO).
Sagar Maitri is a unique initiative of the DRDO to
promote closer cooperation in socio-economic aspects as well as
greater scientific interaction, especially in ocean research among Indian
Ocean Rim (IOR) countries.
Note:
Chief of DRDO: G Satheesh Reddy.
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