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Cabinet Approvals On 6th February, 2019

Cabinet approves the revised Office Memorandum of ‘Amendment of Constitution to facilitate reservations for Economically Weaker Sections of Society’

Abolition of Institutions of Indirect Tax Ombudsman and Income-Tax Ombudsman was approved by Cabinet

Introduction of National Institutes of Food Technology, Entrepreneurship and Management Bill, 2019 approved by Cabinet

The Establishment of Circuit Branch of Calcutta High Court at Jalpaiguri, West Bengalhas been approved by Union Cabinet


Cabinet Approvals With Foreign Countries On 6th February, 2019

MoU between India and Malaysia for Mutual Cooperation in the field of company secretaryship is approved by Union Cabinet.

MoU between India and Election Management Bodies of Namibia and Panama is approved by the Union Cabinet.

MoU on cooperation in the field of medicine and homeopathy between India and Brazilis approved by Union Cabinet

Cabinet approves MoU between India and Maldives to improve the ecosystem for agribusiness


UNESCO organised Second Edition of the India Heritage Walk in partnership with Sahapedia

Sahapedia in partnership with UNESCO organised the second edition of India Heritage Walk Festival (IHWF) 2019.It is also supported by the National Mineral Development Corporation.

The first edition of the festival, went on to receive the PATA Gold Awards 2018 in Heritage and Culture.

This festival offers opportunity to discover the hidden gems linked to the history.

Parmanu Tech 2019-Nuclear Energy Conference in New Delhi

Ministry of External Affairs and Department of Atomic Energy (DAE) organised Parmanu Tech 2019 in New Delhi to  discuss the issues  related to Nuclear Energy and Radiation Technologies.

Sectors discussed in the conference:

The main motive of this conference is to showcase India’s capabilities in Nuclear Energy with environmental responsibility .

Food Preservation, Agricultural & Industrial Applications: From farms to factories – Serving the National Cause

Health care: Nuclear Medicine and Radiation therapy – Care to cure


Zero Fatality Corridor is launched by Delhi Government to reduce Road Accidents

Delhi Government launched ‘Zero Fatality Corridor’ project under its annual road safety action plan to reduce the number of road accidents on the outer ring road stretch between Burari and Bhalaswa Chowk.

As per Kailash Gahlot, Delhi’s Transport Minister, Delhi witnessed 1691 road accidents in Delhi and this project is aimed at reducing deaths to near zero level on the Outer ring road stretch.

As per a report, The 3 km proposed stretch witnessed 67 deaths due to road accidents in 2016 and 2017. After scientific investigation of high number of accidents on this stretch, Zero Fatality Corridor was launched.
About Delhi
♦ Lt. Governor: Anil Baijal
♦ Chief Minister: Arvind Kejriwal



Thailand names Siamese fighting fish  its national aquatic animal

Thailand named the  tiny,eye-catching ,colourful fin plumaged Siamese fighting fish as its aquatic animal with a aim to boost the conservation and breeding of the same.

About Siamese Fighting Fish:

Siamese fighting fish is the native of Mekong basin of Thailand and is mostly found in the Chao Phraya river in Thailand.

The Siamese fighting fish was registered as intangible cultural heritage in 2013.
About Thailand:
♦ Currency: Thai baht
♦ Capital: Bangkok


Macedonia signed an accord to join as a new member of NATO military alliance

Macedonia signed an accord to join NATO to become the 30th member of the NATO military alliance.

The historic agreement was signed between Macedonia’s Foreign Minister Nikola Dimitrovand NATO Secretary General Jens Stoltenberg.
About Macedonia:
♦ Macedonia Capital-Skopje
♦ Currency-Macedonian denar.
Related News:
♦ Montenegro-joined NATO as its 29th member


India jumps 8 place to 36th on international  IP index 2019

US Chambers of Commerce released the annual International IP Index  of top 50 economies in the world,in the index,India climbed 8 position up to the 36th rank and USA ,as the lead .

In the index , Pakistan is at 47th spot and Venezuela is at the last place .

In 2018, India’s rank was 44th of 50 countries,the increase in the rank is dedicated to the various reforms made to the better alignment of India’s IP environment ,and one of the reforms ,was the agreement with Japan to initiate a Patent Prosecution Highway (PPH).


Economy and Finance

6th Bi-Monthly Monetary Policy Released By Reserve Bank Of India (RBI)

Reserve Bank of India(RBI)’s six-member monetary policy committee chaired by RBI Governor Shaktikanta Das released its 6th Bi-Monthly Monetary Policy.This is the First Bi-Monthly Policy for Shaktikanta Das after he took charge as the RBI Governor.

RBI had reduced 0.25 basis points in the Policy Rates with immediate effect.The Change in Policy rates are as follows:

Policy Rates6th Bi-Monthly Monetary Policy(Feb 2019)5th Bi-Monthly Monetary Policy(Dec 2018)
Repo Rate6.25%6.50%
Reverse Repo Rate6.00%6.25%
Marginal Standing Facility Rate6.50%6.75%
Bank Rate6.50%6.75%
Reserve Ratios6th Bi-Monthly Monetary Policy(Feb 2019)5th Bi-Monthly Monetary Policy(Dec 2018)
Cash Reserve Ratio(CRR)4%4%
Statutory Liquidity Ratio(SLR)19.25%19.5%

RBI Projected the Gross Domestic Product(GDP) growth for the year 2019-20 at 7.4%,While the GDP growth is at 7.2-7.4 per cent in H1, and 7.5 per cent in Q3.

Inflation was fallen 18 months low in December at 2.2% and it is expected to remain at 3.2-3.4% in H1-2019-20 and 3.9% in Q3-2019-20.
About Reserve Bank of India:
♦ Governor-Shaktikanta Das
♦ Headquarter-Mumbai.

India becomes World’s Second Largest Consumer and importer of LPG

As per Oil Minister, Dharmendra PradhanIndia has become the second largest importer of liquefied petroleum gas (LPG) after China due to rising demands of cleaner alternatives to the traditional cooking fuels like firewood and cow dung.

India surpassed Japan as the imports of LPG grew 12.5% over the last 5 years to 12 million metric tons.

The demand of LPG is expected to rise 34% from 2014 to 2025.

In India, LPG is mainly imported from Qatar, Saudi Arabia, United Arab Emirates, Kuwait and Iran.



Ranji Trophy:Vidarbha claimed Second Successive Ranji Title beating Saurashtra

Defending champions Vidarbha won the Ranji Trophy 2018-19,which is 85th season of the Ranji Trophy by defeating Saurashtra.This victory is their Successive victory since they won the Trophy last year.The Ranji Trophy is played from the month of November,2018 to 7th February 2019, in which 37 Teams Participated.

Most Runs Scored in the Series is Milind Kumar.He Scored 1,331 Runs.He belongs to Team Sikkim.

Ashutosh Aman took Most wickets taken in the Series.He took 68 Wickets.He belongs to Team Bihar.



Chennai Police Commissioner launches mobile app Digicop

Chennai Police Commissioner A.K. Viswanathan launched mobile App ‘DigiCop’ of the city police department at the commissioner’s office in Chennai.

This app as of now have details of 18,000 stolen mobile phones are stored.

Using this app,user can lodge mobile theft complaints and also check if the user’s mobile is in the police list of retrieved mobiles.Moreover if someone is buying a phone from a second-hand shop they can verify if the phone is stolen or genuine.

France’s highest civilian honour is conferred to 92 years Old Bengal Priest  Father Francois Laborde

Father Francois Laborde, a 92-year-old priest, was  conferred with the Legion d’Honneur, the highest civilian award of France, in recognition of his work for specially-abled children in Howrah.He was entitled by the French Ambassador to India, Alexandre Ziegler.

Father Francois Laborde,French-origin with indian citizenship,is considered to be the third person from the state to be entitled  with the Legion of Honor after film maestro Satyajit Ray and actor Soumitra Chatterjee.


Thought of the Day

“When you know better, you do better.”

Quiz based on Daily Current Affairs 7th February 2019

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