Daily Current Affairs – 20 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.
World Day of Social Justice :20 February 2020
- World Day of Social Justice is observed on 20 February to promote gender equality, indigenous peoples and migrants’ rights.
- This day also focuses on achieving the goal of full employment and social integration.
- This is the day to raise voice against social injustice and to remove barriers regarding gender, race, inequality, religious discrimination, etc.
- It also highlights the social injustice done throughout the world and to look into the solutions and improvements.
- The theme of World Day of Social Justice 2020 is “Closing the Inequalities Gap to Achieve Social Justice”.
- It focuses on social justice as it is the global mission of the UN to promote the development and human dignity.
Union Cabinet approves constitution of 22nd Law Commission of India
- The constitution of “22nd Law Commission of India” receives Cabinet’s approval.
- The commission will function for a duration of 3 years from its date of inception.
- This Commission will be responsible for giving recommendations on different aspects of law which are entrusted to it.
Hindi becomes 3rd most spoken language in the World
- Hindi has become the 3rd most spoken language of the world in 2019 with 615 million speakers.
- While English stood at the top of the list with 1,132 million speakers as per the 22nd edition of the world language database Ethnologue.
- Chinese Mandarin stood at the second position with 1,117 million speakers.
2nd phase of Swachh Bharat Mission Grameen gets Cabinet’s approval
- Union Cabinet has approved the Phase- 2 of the Swachh Bharat Mission, Grameen till 2024-25, which will focus on Open Defecation Free Plus (ODF Plus).
- The program will work towards ensuring that no one is left behind and everyone uses a toilet.
- The phase-2 of the mission will be implemented in a mission mode with a total estimated budgeted financial implication of 52 thousand 497 crore rupees.
- The ODF Plus programme will also converge with MGNREGA, especially for grey water management and will also complement the newly launched Jal Jeevan Mission.
Central Consumer Protection Authority would be set by the GoI
- The Central Consumer Protection Authority (CCPA) would be set up by the Government of India by the first week of Aprill 2020.
- The authority would be set up under the Consumer Protection Act 2019.
- It will address various issues related to consumer rights, unfair trade practices, misleading advertisements and imposing penalties for selling spurious and adulterated products.
Services of Kashi Mahakal Express begins from Varanasi
- The services of Kashi Mahakal Express i.e. the 3rd private train of Indian Railway Catering and Tourism Corporation (IRCTC) begins from Varanasi.
- The train service will link the three Jyotirlinga: Omkareshwar near Indore, Mahakaleshwar, in Ujjain and Kashi Vishwanath in Varanasi.
- This is also the first overnight journey train run by IRCTC.
Cabinet approves constitution of empowered Technology Group
- Cabinet has approved the constitution of an empowered Technology Group which will advise the Government on priorities and strategies for research on emerging technologies across sectors.
- The group intends to ensure that India has appropriate policies and strategies for effective, secure and context-sensitive exploitation of the latest technologies for economic growth and sustainable development of the Indian Industry.
- This Group is mandated to render timely policy advice on the latest technologies, mapping of technology and technology products, commercialization of dual-use technologies developed in national laboratories and government Research and Development.
New Delhi hosts Symposium on Emerging Opportunities for Indian Textiles and Crafts
- New Delhi hosts the Symposium on Emerging Opportunities for Indian Textiles and Crafts which was chaired by Union Minister of Textiles and Women and Child Development Smriti Zubin Irani.
- Export Promotion Council for Handicrafts under the aegis of Ministry of Textiles, Government of India organized the Symposium on Emerging Opportunities for Indian Textiles and Crafts.
Seminar on Indian Defence Equipment held in Dhaka
- High Commission of India in Bangladesh organised a seminar on Indian Defence Equipment in Dhaka.
- India’s High Commissioner to Bangladesh Riva Ganguly Das stated that India and Bangladesh have close cooperation in many diverse areas and it was natural for them to pursue further cooperation in the field of defence technologies.
- The Minister stated that Bangladesh’s Security Forces have earned a name for themselves as disciplined and professional force.
- He stated the seminar provided an opportunity for defence manufacturers from India in developing fruitful partnerships with Bangladesh.
“Bezos Earth Fund” launched by Jeff Bezos to combat climate change
- The “Bezos Earth Fund” has been launched by Amazon CEO Jeff Bezos.
- The fund will aim to to help preserve and protect the natural world against the climate change.
- He has committed to contribute $10 billion through the fund.
Nepal celebrates 70th National Democracy Day
- Nepal celebrated its 70th National Democracy Day A special ceremony was held at the Nepal Army Pavilion Tudikhel in Kathmandu to mark the occasion.
- In his address Prime Minister KP Sharma Oli stated after resolving conflict Nepal is now moving towards economic and social transformation.
- He futher added Nepal has created its identity in the world and increased its prestige at various international fora.
- Prime Minister Oli also paid tribute to the martyrs who had sacrificed their lives in the struggle for democracy. Every year, Falgun 7 of the Nepali calendar is commemorated as the National Democracy Day in Nepal.
- In 2007 Bikram Sambat, on this day, democracy was established in the Himalayan nation ending over a century old autocratic Rana regime.
Bangladesh to enhance Mongla Port Capacity
- The Executive Committee of the National Economic Council (ECNEC) of Bangladesh has approved the proposal to enhance the capacity of the Mongla port. The decision was taken in a meeting of the ENCEC chaired by Prime Minister Sheikh Hasina in Dhaka.
- The Mongla port capacity will be enhanced to ensure better facilities for the users.
- India has extended a line of credit for the expansion of the Mongla Port capacity.
- Out of the total estimated project cost of Tk 6014 crore, India will provide Tk 4459 crore equivalent to $ 530 million as Line of Credit for the project.
UK announces new points-based visa system
- UK Home Secretary, Priti Patel has announced the launch of Britain’s new points-based visa system. It aims at attracting the “brightest and the best” from the world, including from India.
- Ms Patel, the senior-most Indian-origin Cabinet minister stated, the new system will cut down numbers of cheap, low-skilled migrating workers coming to the country.
- The new system will come into force from January 1, 2021, at the end of the transition period after UK’s exit from the European Union (EU) last month.
BANKING & FINANCE
SBI signs MoU with Govt of Gujarat to facilitate MSME loans
- The Gujarat government signed an MoU with State Bank of India (SBI) to facilitate approval of loans to entrepreneurs in the MSME sector with ease and within a short time-frame.
- As per the MoU, the top public sector lender will provide working capital to entrepreneurs seeking to start new micro, small and medium enterprises (MSME) within a short time -frame after providing theoretical approval within 15 days of making an application.
- The MoU was signed between principal secretary M K Das and SBI Ahmedabad circle general manager Ramesh Kumar Agarwal.
- Within 15 days of making an application, the bank will provide theoretical approval to the project. Start-ups can submit an application on either the MSME portal or to the local nodal agencies.
- The SBI decided to help MSME entrepreneurs in Gujarat looking at their high recovery rate.
Rs 1,931 crore Nabard loan for Chintalapudi LIS
- The National Bank for Agriculture and Rural Development (Nabard) has sanctioned `1,931 crore as a term loan to the Andhra Pradesh Water Resources Development Corporation (APWRDC) for the completion of Chintalapudi Lift Irrigation Scheme in West Godavari and Krishna districts.
- The financial assistance has been made under the Nabard Infrastructure Development Assistance (NIDA).
- The project was expected to be completed by March 2022.
- The Chintalapudi Lift Irrigation Scheme covers 410 villages in 15 mandals of West Godavari and 18 mandals in Krishna district.
Nritya Gopal Das elected as the president of Ram Mandir Trust
- Mahant Nritya Gopal Das has been elected as the president of the Ram Janmabhoomi Teertha Kshetra Trust along with Champat Rai who would serve as the general secretary of the trust.
- New Delhi hosted the first meeting of the Ram Mandir Trust to oversee the construction of Ram temple in Ayodhya.
Supratim Bandyopadhyay named new PFRDA Chairman
- Supratim Bandyopadhyay was appointed as chairman of the Pension Fund Regulatory and Development Authority (PFRDA), a body which regulates the National Pension Scheme subscribed by government and private employees from organised and unorganised sectors.
- Bandyopadhyay was working as Member (Finance) in the PFRDA which is the regulator for promotion and development of an organised pension system to serve the old age income needs of people on a sustainable basis.
Ratan Tata conferred honorary doctorate by UK university
- Tata Group Chairman Emeritus Ratan Tata has been awarded an honorary doctorate by the University of Manchester for his contribution to innovation and philanthropy.
- The UK university stated that the award was presented to the 82-year-old industrialist in Mumbai recently during the India tour of President and Vice-Chancellor Professor Dame Nancy Rothwell.
Science & Technology
Pakistan Test Launches Ra’ad II Nuclear-Capable Air-Launched Cruise Missile
- Pakistan test-launched a new variant of its Ra’ad II nuclear-capable air-launched cruise missile (ALCM).
- The new longer-range Ra’ad II significantly enhances air delivered strategic standoff capability on land and at sea.
- The weapon system is equipped with state of the art guidance and navigation systems ensuring engagement of targets with high precision.
- The Ra’ad II being launched from a Pakistan Air Force (PAF) Mirage III fighter aircraft.