NATIONAL UPDATES:
1. BioAsia Summit 2020 begins in Hyderabad: The 17th edition of BioAsia, Asia’s largest Biotechnology and Life
Sciences Forum began in Telangana, Hyderabad on 17 February 2020. It will
conclude on 19 February 2020. The theme of the three-day 2020 BioAsia is ‘Today
for Tomorrow’. Switzerland is the country partner at BioAsia 2020. About 2,000
delegates from 37 countries will be attending the annual flagship event of
Government of Telangana. BioAsia provides a platform to bring together the
global industry leaders, researchers, policymakers, innovators, and investors
together on one stage and discuss the new opportunities and developing
strategies to succeed.
2. 'Pyaar ka Paudha' campaign launched by Bihar
govt: 'Pyaar ka Paudha' (a plant of love) campaign has
been launched by the Bihar government's Department of Environment and Forest in
Patna. Department of Environment, humbly request you to gift one plant of love
to your closed ones and provide good care. This campaign is a small effort will
be a big step towards making the Bihar land green.
Note: Governor
of Bihar: Phagu Chauhan, Chief Minister: Nitish Kumar.
3. GOI sanctioned 9 Medical colleges and 2 AIIMS
for Jammu & Kashmir: Union Minister of State
for Personnel, Public Grievances and Pensions Jitendra Singh performed
Bhoomipooja ceremony of AIIMS building. Jammu and Kashmir allocated two AIIMS –
one in Jammu and another in Kashmir. The nine medical colleges had been sanctioned
in Jammu and Kashmir in addition to the two AIIMS. The new work culture of the
government of working beyond vote bank politics has greatly benefitted the
people
4. Vinay Dube appointed as GoAir CEO: GoAir has appointed Vinay Dube as the airline's Chief Executive
Officer. Earlier, Dube was serving as an advisor to the carrier, a role which
he took up after quitting the defunct Jet Airways in May 2019. Dube would be
responsible for the management of the airline and also for meeting the goals
and long-term growth objectives of the company. The budget airline did not have
a CEO since the departure of Cornelis Vrieswijk in March last year.
5. 4th National Conference on PMFBY inaugurated
in Udaipur: Sanjay Agarwal, Secretary, Ministry of
Agriculture & Farmers Welfare inaugurated the 4th National Conference on
Pradhan Mantri Fasal Bima Yojana in Udaipur, Rajasthan on 17 February. The
conference was held on 17-18 February. The conference was aimed to create
awareness at the grassroots about the Pradhan Mantri Fasal Bima Yojana.
Discussions were held to ensure effective consultation amongst all the
stakeholders, namely the State Governments, the Banking sector, and the
Insurance sector, for the smooth implementation of the scheme that benefits
farmers. Around 140 members representing different states, banks, insurance
companies, RBI, NABARD have participated in it. The Ministry of Agriculture had
previously organised first three editions Conference in Lucknow, Bangalore, and
Guwahati.
INTERNATIONAL UPDATES:
1. 13th COP of UN’s Conservation of Migratory
Species organised in Gandhinagar: The Thirteenth
Meeting of the Conference of the Parties to the Convention on the Conservation
of Migratory Species of Wild Animals (CMS COP13), has been organised in
Gandhinagar, Gujarat from 15 to 22 February 2020. Prime Minister Shri Narendra
Modi inaugurated the conference through Video Conferencing. Also referred to as
the Bonn Convention, the 13th Conference of Parties (COP) of the Convention on
the Conservation of Migratory Species of Wild Animals (CMS) is an environmental
treaty under the aegis of United Nations Environment Programme. The theme of
the Conference is “Migratory species connect the planet and we welcome them
home.”The CMS COP 13 logo is inspired by ‘Kolam’, a traditional artform from
southern India. The mascot for CMS COP13 is “Gibi – The Great Indian Bustard”
which is a critically endangered species. Representatives from 130 countries, eminent
conservationists and international NGOs working in the field of wildlife
conservation are attending the Conference of Parties. India is signatory to the
Convention on Conservation of Migratory wild Animals since 1983, which provides
a global platform for the conservation and sustainable use of migratory animals
and their habitat.
Note: As a
host country, India has been designated as the President of Conference of
Parties (COP 13) to the Convention on the Conservation of Migratory Species of
Wild Animals for three years with effect from 17 February 2020.India succeeds
Philippines which was COP 12 President from 2017.
OTHER UPDATES:
SPORTS
1. Haryana govt announces Rs six crore to those
winning gold medals at Olympic: Haryana
government has decided to give 6 crore rupees to players of the state that bag
gold medals at the Olympic Games. 3 crore rupees will be given to those winning
gold medals at Asian Games and 1.5 crore rupees to the winners of yellow metal
at Commonwealth Games. An amount of 15 lakh rupees will be given to each player
participating in the Olympic Games so that the players can make the state, as
well as the country, proud.
2. India clinches 3 medals in 2020 World SnowShoe
Championship: Three Indian athletes from Kashmir, have won
medals in their respective categories at the 2020 World SnowShoe Championship
held at Myoko, Japan from 15 to 16 February 2020.Participants from 17 countries
of different continents participated in the championship. It is first time ever
in the history of SnowShoe sport that Indian athletes bagged medals in the
World Championship. Indian contingent included nine members, of which three
athletes bagged one silver and two bronze medals. These came from:
Silver Medal:
Ayan Bin Shahnaz (Junior Category- 5 km run)
Bronze Medal:
Zain Ali (Junior Category- 5 km run)
Bronze Medal:
Muzamil Hussain Mir (20-29 age group category -9 km run)
BANKING AND FINANCE
1. Moody’s Slashes India’s 2020 GDP growth
forecast to 5.4%: Moody’s Investors Service has revised India’s
growth forecast for 2020 to 5.4 percent from 6.6 percent projected earlier in
its latest Global Macro Outlook, released on 17 February 2020. The agency
expects a shallower recovery in Asia’s third-largest economy, considering that
global growth will likely take a hit following the virus outbreak in China.
Also, Mody has revised its growth forecasts to 5.8% for 2021, down from
previous projections of 6.7%. Moody’s also estimates that G20 economies will
grow at a rate of 2.4 % in 2020.
Note: Moody’s
founded: 1909; Moody’s founder: John Moody; Moody’s headquarters: New York,
United States; Moody’s CEO: Raymond W. McDaniel Jr.
OBITUARIES
1. Parikrama lead guitarist Sonam Sherpa passes
away: Lead guitarist of the Indian rock band Parikrama Sonam
Sherpa (48-years) passed away. Sherpa was one of the founding members of
Parikrama and was credited with memorable musical pieces such as “I Beleive”
and “But it Rained”.
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