Current Affairs

28 January, 2021


Indian billionaires Increased their Wealth by 35% during the lockdown: Oxfam report

i.In accordance with the Indian supplement of Oxfam report “The Inequality Virus”, the top 100 Indian billionaires increased their wealth by 35% during the lockdown to Rs 12,97,822 crore.
ii.With this amount, a cheque of Rs 94,045 can be provided to 138 million poorest Indians.
iii.The report was released on the opening day of the World Economic Forum’s ‘Davos Dialogues’.
iv.Notably, the wealth of Indian billionaires increased by 90% since 2009 to $422.9 billion.
v.India ranked 6th in the world after the United States (US), China, Germany, Russia, and France where billionaires increased their wealth in COVID times
About Oxfam India:
Chief Executive Officer (CEO)– Amitabh Behar
Headquarter– New Delhi

14th Meeting of India-UK JWC on Counter-Terrorism 2021 held Virtually

i.14th meeting of the India-United Kingdom Joint Working Group (JWC) on Counter-Terrorism 2021 was held virtually on 21st and 22nd January, 2021 where both nations emphasised for strengthening international cooperation to combat the global menace of terrorism.
ii.Discussions were held to combat terrorism during the COVID-19 pandemic.
iii.Indian side was represented by Mahaveer Singhvi, Joint Secretary for Counter Terrorism in the Ministry of External Affairs (MEA).
iv.The United Kingdom (UK) side was represented by Tom Hurd, Director General, Office of Security and Counter-Terrorism.
About United Kingdom (UK):
Capital– London
Currency– Pound sterling
Prime Minister– Alexander Boris de Pfeffel Johnson

CAS 2021 Hosted by Netherlands; PM Narendra Modi Addressed the Summit

i.The Government of Netherlands hosted a virtual international Climate Adaptation Summit (CAS Online) 2021 with a support of Global Center on Adaptation (GCA) from Amsterdam, Netherlands.
ii.The summit saw the launch of a comprehensive Adaptation Action Agenda (AAA) which set out commitments to accelerate action on climate adaptation through partnership by promoting, guiding, monitoring and sharing experience.
iii.There were four overarching themes of CAS 2021 viz. Accelerating African Adaptation, Finance & Investment, Youth Leadership, and Locally Led Adaptation.
iv.From India, the summit was addressed by Prime Minister (PM) Narendra Modi.
About Netherlands:
Capital– Amsterdam
Currency– Euro


Harsh Vardhan releases 1st of its Kind Comprehensive NNMS & Framework for use of Telemedicine

Dr Harsh Vardhan, Union Minister for Health & Family Welfare (MoHFW) virtually attended the Foundation day celebrations & Launch of Decadal year of the Indian Council of Medical Research – National Centre for Disease Informatics and Research (ICMR-NCDIR), Bengaluru, Karnataka. During the event he released
Director – Prashant Mathur
Headquarters – Bengaluru, Karnataka

‘Wahrew Bridge’ – India’s Longest Steel Arch Bridge Inaugurated at Meghalaya

Meghalaya Chief Minister Conrad Sangma inaugurated India’s Longest Steel Arch Bridge ‘Wahrew Bridge’ at Tharia Village in Meghalaya. The 169 metre long bridge connects Bholaganj & Sohbar to Nongjri in East Khasi Hills and runs over the river Wahrew.
The Bridge was dedicated to Dr Donkupar Roy, Former Chief Minister of Meghalaya.
About Meghalaya:
Lake – Umiam Lake
Wildlife Sanctuary (WLS) – Baghmara Pitcher Plant WLS, Siju WLS, Narpuh WLS, Nongkhyllem WLS


Bharti AXA General Insurance Launches Krishi Sakha App for Indian Farmers

Bharti AXA General Insurance launched Krishi Sakha App, a one-stop-shop for Indian farmers that offers them relevant information to cater their daily farming needs. It also provides guidance to farmers to adopt best farming practices and enhance their productivity. The farmers through this app will also have access to the Pradhan Mantri Fasal Bima Yojana (PMFBY) portal for crop insurance related information.

Overseas investment by Indian companies fell 42% to $1.45 billion in Dec 2020

i.In accordance with the Reserve Bank of India (RBI) data, overseas investment by domestic firms fell by over 42% to USD 1.45 billion in December 2020 in comparison to USD 2.51 billion in December 2019.
ii.Of the total FDI investment, USD 775.41 million was in the form of equity infusion, USD 382.91 million was in the form of loan, and USD 287.63 million was in the form of issuance of guarantee.
iii. On January 25, 2021, RBI released the 3rd booklet on Payment Systems titled “Payment and Settlement Systems in India- Journey in the Second Decade of the Millennium 2010-20”described the possibility of a digital version of fiat currency.
The earlier Booklets on Payment Systems were released in the years 1998 and 2008.
About Reserve Bank of India (RBI):
Formation– 1 April 1935
Governor– Shaktikanta Das
Headquarters– Mumbai, Maharashtra
Deputy Governors– 4 (Bibhu Prasad Kanungo, Mahesh Kumar Jain, Michael Debabrata Patra, and M Rajeswar Rao)


ITBP wins 10th IHAI National Ice Hockey Championships held at Gulmarg, J&K

Indo-Tibetan Border Police (ITBP) won the 10th Ice Hockey Association of India (IHAI) National Ice Hockey Championships by defeating Ladakh in the finals held at Gulmarg Ice Rink, Gulmarg Development Authority, Jammu & Kashmir (J&K).
i.The event was held from January 16-22, 2021 and was organized by IHAI. Around 8 Ice Hockey teams including teams from Delhi, Maharashtra, Indian Army participated in the Championships.

About Ice Hockey Association of India (IHAI):
General Secretary – Harjinder Singh


Successful Maiden Test Launch of Akash-NG Missile

i. Defence Research and Development Organisation (DRDO) successfully conducted the maiden launch of Akash-NG (New Generation) Surface to Air Missile Missile from Integrated Test Range off the coast of Odisha, along with Bharat Dynamics Limited (BDL) & Bharat Electronics Limited (BEL). It has strike range of 30 km.
ii.The missile has been developed for the Indian Air Force (IAF) use with an aim of intercepting high maneuvering low Radar cross-section (RCS) aerial threats.
iii.The missile is developed with 96% indigenous content.
About Defence Research and Development Organisation (DRDO):
Headquarter– New Delhi
Chairman– Dr G. Satheesh Reddy

Government of India Confers Pradhan Mantri Rashtriya Bal Puraskar 2021 to 32 Children

i.The Government of India conferred Pradhan Mantri Rashtriya Bal Puraskar(PMRBP) 2021 to 32 children under 6 categories, namely innovation, scholastic, sports, arts & culture, social service and bravery.
ii.This award was instituted by the Ministry of Women and Child Development(MoWCD), Government of India in 1996.
iii.Prime Minister, Narendra Modi interacted with 2021 PMRBP awardees through video conferencing. Union Women & Child Development Minister, Smt Smriti Zubin Irani was also present on the occasion.
About Ministry of Women and Child Development(MoWCD):
Union Minister– Smriti Zubin Irani(Constituency- Amethi, Uttar Pradesh)
Minister of State(MoS)– Sushri Debasree Chaudhuri(Constituency- Raiganj, West Bengal)

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