Daily Current Affairs – 17 February 2020

Daily Current Affairs – 17 February 2020

Daily Current Affairs :- Current Affairs section is the most important part of almost every competitive exam whether be it SSC, Banking , Insurance or State PCS examination. In this post candidates will find the important national and international news from the exam point of view. These news are incorporated from different sources like The Hindu newspaper , The Indian express and Press information Bureau (PIB).Here, is the current affairs for 17 January 2020.


National News

Indian Railways zone becomes 1st in India to have energy-neutral stations

  • Indian Railways takes a huge leap towards environmental sustainability.
  • The Indian Railways South Central Railways (SCR) zone has become the first zonal railway in the country to have functional “energy neutral” railway stations on the network.
  • The anticipated energy generation from these energy neutral stations is coming to be around 3 lakh units annually. The SCR zone expects that solar power generated at these stations will lead to savings of Rs 13 lakh per year.
  • The total capacity of all the solar panels installed at the 13 energy neutral stations is 99 kWp.
  • The South Central Railways has converted a total of 13 railway stations into “energy neutral” stations, which is the highest amongst all the zones across the Indian Railways network.
  • Energy-neutral railway stations are capable of meeting 100 per cent energy requirements by tapping into solar power through solar photovoltaic panels which have been commissioned at the station buildings.
  • The concept of the energy neutral stations is based on the principle of developing railway stations and buildings with total solar power in order to meet the complete energy requirements.
  • This has been done by the installation of the solar photovoltaic panels on the roof tops, which are further integrated with the on-grid as well as off-grid solar energy plants for deriving power supply for the entire station.

Donald Trump to inaugurate world’s largest cricket stadium in Ahmedabad

  • The World’s Biggest Cricket Stadium, the Motera Stadium in Ahmedabad renamed as the Sardar Vallabhbhai Stadium will be inaugurated by US President Donald Trump during his visit to India.
  • The stadium has a capacity of 1.10 lakh people.

5-day working week for Maharashtra govt employees

  • The Maharashtra government has announced 5-day working week for state government employees.
  • The decision was taken at the state Cabinet meeting chaired by Chief Minister Uddhav Thackeray.
  • The new system will be applicable from February 29 onwards.

Gadkari Inaugurates First Inter-City Electric Bus Service in Maharashtra

  • Union Minister for Transport, Highways, and MSMEs, Nitin Gadkari inaugurated the first inter-city electric bus service, between Mumbai and Pune.
  • The 43-seater capacity luxury electric bus, manufactured by Mitra Mobility Solution, has a range of 300 kilometres on a single charge and would be operated twice daily between the two cities.
  • The company, which claims to already have around 1,300 electric buses in operation, is also looking to extend these services in other parts of Maharashtra and adjoining states.
  • The government is ready to provide policy support to serious investors and also appealed them to come forward in the field of alternative fuel including bio-CNG and electric vehicles.

Haryana to give cash prizes, employment to sports persons

  • Haryana Chief Minister Manohar Lal Khattar stated that in order to promote sports in the state and encourage youths to excel in sports, the State government has made provision of cash prizes and employment in the Sports Policy.
  • 46th Junior National Kabaddi Competition organised by the Amateur Kabaddi Association Haryana at Sports Complex of Maharishi Dayanand University, Rohtak.
  • A provision has been made to give of Rs 6 crore to players who have won gold medals at the Olympic Games, Rs 3 crore to the players who have won gold medals at the Asian Games and Rs 5 crore to the players who have won gold medals at the Commonwealth Games.
  • An amount of Rs 15 lakh 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.
  • The Chief Minister also honoured Dronacharya and Arjuna Awardee players on this occasion. On behalf of the association, the Chief Minister was honoured with a turban and badge.
  • The Chief Minister interacted with the officers of Sports Authority of India and also with the players.

J&K, Ladakh to come under jurisdiction of CAT soon

  • Minister of State in the Prime Minister’s Office, Jitendra Singh has stated that Union Territory of Jammu & Kashmir and Ladakh will soon be covered by the Central Administrative Tribunal (CAT).
  • Addressing the annual conference of the CAT in New Delhi, he stated the tribunal will have jurisdiction to handle disputes and other issues related to the UT services.
  • The CAT so far had jurisdiction only over central services issues in Jammu and Kashmir.
  • Dr Singh stated that in due course of time, an exclusive bench of the Central Administrative Tribunal will be set up in Jammu and Kashmir and till then the Chandigarh bench of the tribunal may attend to the service disputes and other cases from the Union territory.

Uttarakhand CM inaugurates web portal of Badrinath-Kedarnath Mandir Samiti

  • Uttarakhand Chief Minister Trivender Singh Rawat inaugurated official web portal of Badrinath-Kedarnath Mandir Samiti.
  • He also launched Mandir Samiti’s diary and calendar.
  • This web portal is designed by National Informatics Centre (NIC).
  • Mr Rawat stated, all the important information regarding Chardham yatra will be accessible to the people from any part of the world through the official portal.

BioAsia Summit 2020 begins in Hyderabad

  • The Government of Telangana hosting Bio-Asia Summit 2020 in Hyderabad between February 17, 2020, and February 19, 2020.
  • The main objective of the summit is to explore the capabilities of Life Science Companies and their investments.
  • The theme of the Summit is Theme: Today for Tomorrow.

Shri Badrinath and Shri Kedarnath temple committee launches its web portal

  • Uttarakhand Chief Minister Trivendra Singh Rawat launched the web portal of Shri Badrinath and Shri Kedarnath temple committee.
  • The web portal has been developed by Uttarakhand state National Informatics Centre.

South Central Railways zone becomes 1st in India to have energy-neutral stations

  • The Indian Railways South Central Railways (SCR) zone has become the 1st zonal railway in the country to have functional “energy neutral” railway stations on the network.
  • The South Central Railways has converted a total of 13 railway stations into “energy neutral” stations, which is the highest amongst all the zones across the Indian Railways network.

International News

IFAD Governing Council 2020 held in Rome, Italy

  • The International Fund for Agricultural Development (IFAD) 43rd Governing Council meeting was held in Rome, Italy.
  • The 43rd sessions will focus on the overarching theme “Investing in sustainable food systems to end hunger by 2030″.
  • The theme highlights how IFAD’s role and experience in supporting sustainable, inclusive, nutritious and efficient food systems uniquely place it in a position to contribute to Sustainable Development Goals (SDG2).

BANKING & FINANCE

Moody’s lowers GDP growth rate for 2020 to 5.4 per cent

  • Coronavirus dents optimism just as global economy was starting to show signs of stabilisation.
  • Amidst indications of the deadly coronavirus hitting global growth, international rating agency Moody’s Investors Service lowered the estimate for India’s economic growth rate for 2020 by 120 basis points (100 basis points make up one percentage point).
  • Revised growth forecasts to 4 per cent for 2020 and 5.8 per cent for 2021, down from our previous projections of 6.6 per cent and 6.7 per cent, respectively.
  • This revision has come at a time when the government thinks at least seven green-shoots are visible.
  • These include higher foreign direct investment (FDI), higher foreign portfolio investment, stock market indices ruling at near-life-time highs and strong recovery seen in PMI.
  • However, a day after this claim, industrial growth contracted and retail inflation again surged to a 68-month high.

SEBI constitutes municipal bonds development committee

  • Markets regulator Sebi stated it has constituted a committee which will suggest on policy matters pertaining to development of municipal debt securities and facilitate municipalities for issuance of such bonds.
  • The regulator has constituted a municipal bonds development committee headed by its Executive Director Sujit Prasad and comprises representatives from municipal corporations, lawyers, professionals and market practitioners.
  • The panel will advise SEBI on issues related to regulation and development of primary and secondary market of municipal debt securities, the Securities and Exchange Board of India (Sebi) stated in a statement.
  • It will suggest the regulator on matters required to be taken up for changes in legal framework to introduce simplification and transparency in systems and procedures in the primary and secondary market

Summit & Conference

Delhi to host 3-day global conference on traditional medicines

  • The 7th International Congress of the Society for Ethnopharmacology (SFEC 2020), to be inaugurated by Minister of State for AYUSH Shripad Yesso Naik, will be attended by more than 2,000 experts and representatives from the industry in New Delhi.
  • Experts from India and abroad will deliberate on the strengths of the traditional medicine system and the challenges it faces at a three-day conference.
  • It is organised by Jamia Hamdard University.
  • The mega event is being supported by the Ministry of AYUSH and Department of Biotechnology among others.
  • The SFE – Herbal Industry Leader Award – 2020 will be conferred upon K K Sharma, founder of AIMIL Pharmaceuticals (India) for his contribution in the field of herbal drugs as an industrialist, while the SFE Lifetime Achievement award will be given to Dr Nitya Anand in recognition to his role in discovering, designing and development of herbal medicines.
  • Similarly, the award for Outstanding International Ethnopharmacologist – 2020 will be given to Dr Roy Upton, founder of American Herbal Pharmacopoeia.

PM Modi inaugurates ‘Kashi Ek Roop Anek’ exhibition in Varanasi

  • Prime Minister Narendra Modi launched ‘Kashi Ek Roop Anek’– a cultural, arts and handicrafts exhibition, at Pandit Deendayal Upadhyaya Hastakala Sankul in Varanasi.
  • ‘Kashi Ek Roop Anek’ showcased products from over 10,000 artisans from all over Uttar Pradesh.
  • Artistes and weavers at the two-day event will be imparted skills for improving the quality and branding of their wares suitable for the larger national and international markets.
  • There are 23 lakh artisans and weavers residing in Uttar Pradesh. Of these, about 35,800 artisans and 1.5 lakh weavers stay in Varanasi alone.
  • The Uttar Pradesh government had launched the ambitious scheme ‘One District, One Product’ (ODOP) in which one craft per district was identified.
  • The state government has established raw material banks, testing labs, common facility centres, and facilitated direct market access to artisans and weavers and helping them improve their income.

Global defence spending: the United States widens the gap

  • In 2019, the United States remained by far the world’s largest defence spender, widening the gap between it and the second largest spender, China.
  • US investments in weapons procurement and R&D alone were larger than China’s total defence budget.
  • The United States’ defence investments in weapons procurement and R&D were also worth around four times as much as European states’ combined.
  • IISS data shows that in 2019the United States, China, Saudi Arabia, Russia and India retained their positions as the world’s top defence spenders.

Appointment

1988 batch IAS officer Rajiv Bansal becomes Air India’s new CMD

  • The government appointed the 1988 batch IAS officer of Nagaland Cadre Rajiv Bansal as the Chairman and Managing Director of Air India.
  • Mr Bansal is presently serving as the Additional Secretary in the Ministry of Petroleum and Natural Gas.

Award

Renowned Feminist Scholar Gita Sen Wins Dan David Prize

  • Feminist scholar and activist Gita Sen has won the prestigious Dan David Prize for her expansive work in the fields of population policies, reproductive and sexual health, women’s rights, poverty, labour markets and global governance.
  • The Dan David Prize annually awards three prizes of $1 million each to globally inspiring individuals and organisations. It is endowed by the Dan David Foundation and headquartered at Tel Aviv University.
  • The award recognises and encourages innovative and interdisciplinary research that cuts across traditional boundaries and paradigms.

Science & Technology

NIT, Trichy develops a mobile app for Self Help Group products

  • The National Institute of Technology (NIT), Trichy, Tamilnadu has developed Thirumathikart – a mobile app for SHG (Self Help Group)
  • The application was developed in coordination with the Union Department of Science and Technology.
  • The main objective of the app is to empower women and help them access market opportunities in a seamless manner.
  • The platform will also enable Self Help Groups to showcase their products to a wider audience.
  • The app will be introduced to the market at a function to be held in Trichy as part of a five-day executive development programme being conducted by the Central Department of Science and Technology.

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