Sunday, January 26, 2020
Saturday, January 25, 2020
Daily Current Affairs, 25th January 2020
VisionIAS
19:32
1) India celebrates National Voters’ Day on 25th January
•The Election Commission of India was established on 25th January 1950 and the “National Voters’ Day” marks the Foundation Day of Election Commission of India. The day was celebrated for the first time in 2011.
2) Election Commission of India to sign MoU with EC of Tunisia and Papua New Guinea
•The Union Cabinet chaired by Prime Minister Narendra Modi has also approved the agreements in the field of mutual Legal Assistance in Criminal Matters, cooperation in the field of early childhood care, oil and natural gas, and Geology and Mineral Resources between India and Brazil.
3) India hosts International Summit “Visualizing the Future: New Skylines”
•The International Summit on Women in STEM “Visualizing the Future: New Skylines” was held at India Habitat Centre, New Delhi. The summit was organized by the Department of Biotechnology. The summit aimed to boost the women participation in STEM field for the development of scientific career. The summit included various sessions aiming to empower women through networking, career opportunities and interactive exercises with scientists. Around 350 participants from different STEM field including scientists, socialists, entrepreneurs, researchers, teachers and students across the globe participated in the summit.
4) CEC Sunil Arora becomes Chairman of FEMBoSA for 2020
•Forum of the Election Management Bodies of South Asia is an active regional association of Election Management Bodies having 8 members and represents a very large part of the democratic world.
5) GoI & Maharashtra signs USD 210 million loan agreement with World Bank
•The Government of India and the Government of Maharashtra has signed a USD 210 million loan agreement with the World Bank. The loan agreement has been signed for Maharashtra Agribusiness and Rural Transformation Project. The USD 210 million loan will be funded by the International Bank for Reconstruction and Development (IBRD), having a 6-year grace period with a maturity period of 13.5 years.
6) World Archery conditionally lifts suspension on India
•Recently, Arjun Munda was elected the President of the Archery Association of India (AAI) in the election held as per the Delhi High Court order and under the observance of the World Archery.
7) Rowing Federation of India lifts ban over Dattu Bhokanal
The HINDU Notes – 25th January 2020
VisionIAS
19:18
📰 Monetary policy has its limits, reforms must continue: Das
Govt. focusing on infrastructure spending to augment growth potential, says the RBI Governor
•Though recognising the signs of an economic slowdown and acting early helped the central bank to reduce interest rate as falling inflation provided space, monetary policy has its own limits, Reserve Bank of India Governor Shaktikanta Das said on Friday.
•Speaking at the St. Stephen’s College, his alma mater, on ‘Seven Ages of India’s Monetary Policy’, Mr. Das said structural reforms and fiscal measures may have to be continued and further activated to provide a durable push to demand and boost growth.
•He said inflation had fallen successively and averaged below 4% since 2017-18, though there was a recent up-tick driven by food prices, especially the sharp increase in vegetable prices, reflecting the adverse impact of unseasonal rains and cyclone.
•Since 2016, the RBI follows a flexible inflation targeting framework defined by a target of 4% for consumer price headline inflation, with a tolerance band of +/- 2% around it.
•The central bank’s primary objective is price stability, while keeping in mind the objective of growth, as defined by the RBI Act.
•The RBI Governor said there were some potential growth drivers which, through backward and forward linkages, could give a significant push to growth.
•“Some of these areas include prioritising food processing industries, tourism, e-commerce, start-ups and efforts to become a part of the global value chain,” he said, adding that the government was also focussing on infrastructure spending which would augment the growth potential of the economy. Financial stability had emerged as another key consideration for monetary policy, “though jury is still out as to whether it should be added as an explicit objective,” Mr. Das said.
•“It is interesting to note that the central banking function as the lender of last resort (LOLR) has remained intact, notwithstanding the developments and refinements in the policy frameworks across countries, including India,” he said.
📰 Centre seeks to revamp child care scheme in urban areas
Employment News 25 January to 31 January 2020 Download pdf
VisionIAS
08:29
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The HINDU Notes – 24th January 2020
VisionIAS
08:25
📰 India slips two places on Corruption Perceptions Index
Opaque political financing blamed by report
•India’s ranking in the Corruption Perceptions Index (CPI-2019) has slipped from 78 to 80 compared to the previous year, Transparency International said on Thursday, questioning the “unfair and opaque political financing” in the country. Its score of 41 out of 100 remains the same.
•In democracies such as India and Australia, unfair and opaque political financing, undue influence in decision-making and lobbying by powerful corporate interest groups have resulted in stagnation or a decline in the control of corruption.
•The report has revealed that a majority of countries are showing little to no improvement in tackling corruption. “Our analysis also shows corruption is more pervasive in countries where big money can flow freely into electoral campaigns and where governments listen only to the voices of wealthy or well-connected individuals,” Transparency International said. The 2019 CPI draws on 13 surveys and expert assessments to measure public sector corruption in 180 countries and territories, giving each a score from zero (highly corrupt) to 100 (very clean).
•In the Asia Pacific region, the average score is 45, after many consecutive years of an average score of 44, which “illustrates general stagnation” in the region.
•China has improved its position from 87 to 80 with a score of 41 out of 100, a two-point jump.
•“Despite the presence of high performers like New Zealand (87), Singapore (85), Australia (77), Hong Kong (76) and Japan (73), the Asia Pacific region hasn’t witnessed substantial progress in anti-corruption efforts or results. In addition, low performers like Afghanistan (16), North Korea (17) and Cambodia (20) continue to highlight serious challenges in the region,” the report said.
•According to Transparency International, while often seen as an engine of the global economy, in terms of political integrity and governance, the region performs only marginally better than the global average.
📰 Rajasthan govt. to introduce resolution against CAA
Daily Current Affairs, 24th January 2020
VisionIAS
08:08
1) International Day of Education celebrated globally on 24th January
•International Day of Education 2020 theme is ‘Learning for people, planet, prosperity and peace’. The theme highlights the integrated nature of education, its humanistic aims, as well as its centrality to our collective development ambitions.
2) India celebrates National Girl Child Day on 24th January
3) India’s 1st Mahatma Gandhi convention centre opens in Niger
•The convention centre has been designed as a spacious, modern and eco-friendly facility, including a 2,000 capacity Plenary Hall, to witness high-level and wide-ranging participation from African Union member states and other high-level conventions.
4) Russia will be focal theme country in IKBF 2020
•The theme gate will be a replica of the iconic Bolshoi Theatre in Moscow. International Kolkata Book Fair is the world’s largest non-trade book fair, Asia’s largest book fair and the most attended book fair in the world. 20 countries will participate in the 2020 edition of Kolkata International Book Fair.
5) ISRO unveils ‘Vyommitra’ half-humanoid robot for Gaganyaan Space Mission
•ISRO will send two unmanned missions before the Ganganyaan mission. It will monitor how the human system will behave in the environment control life support system. The robot introduced itself as:” Hello everyone. I am Vyom Mitra, the prototype of the half-humanoid, been made for the first unmanned Gaganyaan mission.
6) RBI cancels Certificate of Authorisation of Vodafone m-pesa
7) Katerina Sakellaropoulou becomes 1st woman president of Greece
8) India ranks 51 in EIU’s Democracy Index 2019
•According to the index, Pakistan is at the 108th position on the list. Similarly, Sri Lanka is ranked 69th, Bangladesh 80th. China fell to the 153rd position in 2019 with 2.26 points. It is close to the bottom position in the global ranking.
•As per the report, India’s democracy scores have declined due to lack of civil liberties, especially the removal of Article 370 from Jammu & Kashmir (J&K) and the enforcement of the Citizenship Amendment Act (CAA) 2019.
9) Reliance Jio becomes 1st Telecom to launch UPI Payments Feature
10) ‘Women with Wheels’ service launched at Indira Gandhi International Airport
THE HINDU NEWSPAPER IMPORTANT ARTICLES 25.01.2020
VisionIAS
07:45
FRONT PAGE
NATIONAL
‘President Bolsonaro, PM Modi share views on idea of a nation’
‘Indian scientists must try to work on interesting subjects’
Centre seeks to revamp child care scheme in urban areas
Nepal pitches for informal SAARC summit
‘Central govt. peddling lies on CAA, NPR and NRC’
Cane farmers flag Brazil’s WTO case against India
‘Indian scientists must try to work on interesting subjects’
Centre seeks to revamp child care scheme in urban areas
Nepal pitches for informal SAARC summit
‘Central govt. peddling lies on CAA, NPR and NRC’
Cane farmers flag Brazil’s WTO case against India