National

National

Overview Of PM Narendra Modi’s Visit To Uttar Pradesh

Prime Minister Narendra Modi embarked on a visit to Kanpur, Ghaziabad and Varanasi in Uttar Pradesh. He laid foundation stone for various development projects and schemes during his visit.

  • PM laid foundation stone of two Thermal Power Projects, one at Khurja, Uttar Pradesh and other at Buxar, Bihar. Both the plants will have power generation capacity of 1320 MW.
  • Modi laid foundation stone of Panki Thermal Power Plant and unveiled plaques to mark the launch of various projects in Kanpur.
  • PM laid the foundation stone of Kashi Vishwanath Mandir Vistarikaran- Saundarayakaran Yojana (Kashi Vishwanath Temple Extension and Beautification Plan). The work will be rolled out in four phases.

A 3-member mediation panel created by SC to settle Ram Mandir-Babri Masjid Case

For the amicable settlement of Ayodhya’s Ram Janmabhoomi-Babri Masjid land dispute case, the five-judge bench, headed by the Chief Justice of India (CJI) Ranjan Gogoi, constituted a three-member mediation panel headed by former Supreme Court (SC) judge Justice F. M. Kalifullah to resolve the issue.

The other members of the panel include spiritual guru Sri Sri Ravi Shankar and Senior Advocate Sriram Panchu.

The proceedings in the case will be held in Faizabad.

The panel of mediators will file a progress report of the mediation proceedings within 4 weeks and the process will be completed within 8 weeks.

They may co-opt more members and in case of any difficulty, inform the Supreme Court registry.

14 appeals have been filed in the Supreme Court against the 2010 Allahabad High Court judgment, delivered in civil suits, that the 2.77-acre land in Ayodhya be partitioned equally among the 3 parties – the Sunni Waqf Board, the Nirmohi Akhara and Ram Lala.

Government succeeds in achieving the target of 87 per cent of 8 crore free LPG connections

The government allotted its 7-croreth free cooking gas (LPG) connection, as a part of the Pradhan Mantri Ujjwala Yojana (PMUY).

International

INTERNATIONAL

US interested in working on Gaganyaan mission: Ex-NASA chief

Former NASA administrator Charles Frank Bolden Jr has said the US is interested in forming a group to work with India on its ‘Gaganyaan’ human space mission. Bolden, the US science envoy for space, said he thinks ISRO Chairman K Sivan is communicating with current NASA administrator Jim Bridenstine. India plans to send three astronauts to space by 2022.

Banking&Finance

BANKING & FINANCE

Loan agreement of $137 Million signed between Government of India, the World Bank and the representatives of Five States for the Dam Rehabilitation and Improvement Project (DRIP)

A loan agreement worth $137 million was signed in New Delhi, between the World Bank, the Government of India and representatives of 5 States of Government of India and Implementing Agencies, for the Additional Financing of the Dam Rehabilitation and Improvement Project (DRIP). The project involves more than 220 selected large dams in Karnataka, Kerala, Madhya Pradesh, Odisha, Tamil Nadu and Uttarakhand.

Korea Exim Bank extends loan worth Rs. 4,100 crores for Vizag Metro

The Export-Import Bank of Korea (KEXIM) proposed to provide a soft loan worth Rs.4,100 crore for the Visakhapatnam (Vizag) metro rail project. The matter was discussed in a meeting involving a delegation led by KEXIM Director (Operations) Yang Dong, Chief Secretary Anil Chandra Punetha, Amaravati Metro Rail Corporation Limited (AMRCL) Managing Director N.P. Ramakrishna Reddy and other officials at the Secretariat.

About Andhra Pradesh
♦ Capital- Amaravati (de facto)
Hyderabad (de jure)
♦ Chief Minister- N. Chandrababu Naidu
♦ Governor- E. S. L. Narasimhan

IBBI inks cooperation with International Finance Corporation (IFC)

The Insolvency and Bankruptcy Board of India (IBBI) signed an agreement with the International Finance Corporation (IFC)in cooperation. IFC is a member of the World Bank Group.
About Insolvency and Bankruptcy Board of India
♦ Headquarters – New Delhi
♦ Chairperson – M S Sahoo

SBI links savings account, short-term loan interest rates to RBI repo rate

The State Bank of India (SBI) became the first bank to link its interest rate on savings account with balance above Rs. 1 lakh and short-term loans to the repo rate of the Reserve Bank of India. This shall be effective from 1st May 2019.

India, ASEAN clock fastest growth for e-commerce, digital trade sectors: FICCI – KPMG

According to ‘India and ASEAN: Co-creating the Future’ report  by industry body Federation of Indian Chambers of Commerce and Industry (FICCI) and consulting major KPMG, India and 10 member ASEAN are among the fastest growing economies in the world.
♦  Headquarter : New Delhi
♦  Secretary General : Dilip Chenoy

Miscellaneous

AWARDS & RECOGNITIONS

India claims the First Prize at The International ‘Golden City Gate Tourism Awards 2019’ in the category of ‘TV Cinema Spot’ at ITB, Berlin

The Ministry of Tourism, Government of India was awarded the First Prize in the category- TV Cinema Spot at the International Golden City Gate Tourism Awards 2019 held at Internationale Tourismus-Börse (ITB), Berlin. The awards were received by Shri Yogendra Tripathi, Secretary, Tourism.

The awards were given for the following promotional films and TV commercials produced under the Incredible India 2.0 Campaign:

  • Yogi of the Racetrack
  • The Reincarnation of Mr. and Mrs. Jones
  • Sanctuary in Paris
  • Maharani of Manhattan
  • The Masala Master Chef

The Incredible India 2.0 Campaign was started by the Ministry of Tourism in September 2017.

Maneka Gandhi felicitated the 30 winners of the ‘Web Wonder Women’ contest

The Union Minister for Women and Child Development, Maneka Gandhi, felicitated the 30 winners of the ‘Web Wonder Women’ contest organized by the Ministry of Women and Child Development in New Delhi.

Maneka Gandhi, along with a panel of 10 judges, finalized the names of 30 women who have impacted and influenced society through social media.

The women were selected from over 240 nominations received under the categories media, awareness, legal, health, governmental, food, environment, development, business and art.
About Web Wonder Women
Organised in collaboration with Twitter India and Breakthrough India, the event is aimed to recognise the fortitude of Indian women stalwarts from across the globe who have used the power of social media to run positive campaigns to bring a change in the society.

ACKO General Insurance honoured with Golden Peacock Award 2019

The new-age digital insurance company, ACKO General Insurance was awarded the prestigious Golden Peacock Innovative Product Award – 2019, for their contextual micro insurance product -“Ola Ride Insurance“.

The award was presented to Biresh Giri, Appointed Actuary & CRO, Acko at an event in Dubai.

Launched in March 2018, Ola Ride Insurance is a first of its kind insurance in the Indian market where Acko partnered with the leading ride-sharing company, Ola.

The Re. 1 Ola ride insurance is a contextual microinsurance solution that protects the user against any unfortunate mishaps while commuting, providing benefits in cases of loss of baggage/laptops, missed flights, accidental medical expense, ambulance transportation cover, etc.

5 Indians appointed as members of technical committees of Asian Gymnastic Union

Indians have been appointed as members of various Technical Committees of Asian Gymnastics Union for a period of 4 years, from 2019 to 2022.
i. The 5 Indians and the committees are:

  • Deepak Kabra – Men’s Artistic Gymnastics
  • Akshata Shete – Rhythmic Gymnastics
  • Sumith MR – Acrobatic Gymnastics
  • Makarand Joshi – Aerobic Gymnastics
  • Narayan Shashi – Gymnastics for All

ii. They are internationally qualified judges/coaches in their respective disciplines and have participated in several international tournaments as officials.

Chameli Devi Jain Award won by BBC Journalist Priyanka Dubey

A bilingual correspondent with the BBC at its Delhi bureau, Priyanka Dubey won the Chameli Devi Jain Award 2018 as outstanding women journalist.

APPOINTMENTS & RESIGNS

Economic Affairs Secretary Subhas Chandra Garg appointed as the Finance Secretary

Subhash Chandra Garg, the Economic Affairs Secretary was appointed as the Finance Secretary by the Personnel Ministry.

His appointment was approved the by the Appointments Committee of the Cabinet which is led by the Prime Minister Narendra Modi.

He is an IAS officer from the 1983 batch and belongs to the Rajasthan cadre.

He has succeeded Ajay Narayan Jha, the former Finance Secretary who retired on February 28, 2019 and is a member of the 15th Finance Commission.

Ashu Khullar appointed as Citibank India head

Ashu Khullar has been appointed by the Citibank as its India head, w.e.f 1st April 2019. He currently holds the position of head of Asia-Pacific capital markets.

He succeeds Pramit Jhaveri who has been appointed as the Vice Chairman of banking, capital markets and advisory for Asia Pacific from April 1.

Since the post of Vice Chairman of banking, capital markets and advisory has been specially created for Pramit Jhaveri, he has no predecessor.

They’ll be required to report to Francisco Aristeguieta, CEO of Citigroup Asia Pacific.
About Citibank
♦ It is the largest foreign bank in India.
♦ Its loan assets amount to 1.64 trillion as on March 31, 2018.
♦ It serves 2.5 million customers through 35 branches.

Manpreet Vohra appointed as the next India’s Ambassador to Mexico

Shri Manpreet Vohra (IFS:1988), presently Additional Secretary in the Ministry has been appointed as the next Ambassador of India to Mexico and is expected to take up the assignment shortly.

About Mexico
♦ Capital – Mexico City
♦ Currency – Mexican peso
♦ President – Andrés Manuel López Obrador

S. Mubarak appointed as the next Ambassador of India to the Republic of El Salvador

Shri B. S. Mubarak, (IFS:2001) presently Ambassador of India to the Republic of Guatemala, has been concurrently accredited as the next Ambassador of India to the Republic of El Salvador, with residence in Guatemala City.
About Guatemala
♦ Capital – Guatemala City
♦ Currency – Quetzal
♦ President – Jimmy Morales
About El Salvador
♦ Capital – San Salvador
♦ Currency – United States dollar
♦ President – Salvador Sánchez Cerén

SCIENCE & TECHNOLOGY

China launches new communication satellite ‘ChinaSat 6C’, completes 300th launch

 China lifted its broadband communication system by launching a Long March – 3B carrier rocket with ‘ChinaSat 6C’ into a geostationary orbit in Sichuan province.
About China
♦ Capital : Beijing
♦ Currency : Renminbi
♦  President : Xi Jinping

BOOKS & AUTHORS

‘Sabka Saath Sabka Vikas’ – a collection of selected speeches of Prime Minister 

Union Minister of Finance and Corporate Affairs Arun Jaitley released a book ‘Sabka Saath Sabka Vikas’ which is a compilation of selected speeches of Prime Minister Narendra Modi during a function organised by Ministry of Information and Broadcasting in New Delhi.

Dictionary of Martyrs of India’s Freedom Struggle in 1857-1947 released by Prime Minister Narendra Modi

The Dictionary of Martyrs of India’s Freedom Struggle (1857-1947) was released by Prime Minister Narendra Modi, at Lok Kalyan Marg, New Delhi.

The dictionary comprises of 5 volumes and it has information about martyrs involved during 1857-1947, the period on India’s war of Independence.
This is the first time that such a large-scale compilation of names of martyrs is being done

Amit Khare released the ‘Bharat 2019’ and ‘India 2019’ reference annuals

Secretary, Ministry of Information & Broadcasting, Shri Amit Khare released the popular Reference Annuals ‘Bharat 2019’ and ‘India 2019’, compiled by the New Media Wing and edited and published by Publications Division at New Delhi.

This is the 63rd Edition of the publication.

The books will be carried along by the Indian Delegation participating in the London Book Fair.

Thought of the Day

”The future depends on what you do today”.

Quiz based on Daily Current Affairs 11 MARCH 2019

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