National Salt Satyagraha Memorial Inaugurated At Dandi
i: In commemoration of the 150th Birth Anniversary of Mahatma Gandhi, Prime Minister of India Narendra Modi dedicated grand and iconic ‘National Salt Satyagraha Memorial’ constructed by the Central Public Works Department at Dandi, Gujarat to the Nation.
ii: This prestigious work entrusted to CPWD by the Ministry of Culture,Govt. of India has been completed by the dedicated team of CPWD in 20 months’ time well within the sanctioned amount of Rs. 72.23 crores.
UP Government Approves Construction Of Ganga Expressway
i: Uttar Pradesh state cabinet has approved construction of a four-lane Ganga Expressway connecting Prayagraj to Western Utter Pradeshwhich would cost about 36,000 crore rupees.
ii: Chief Minister Yogi Adityanath stated that this expressway will provide better connectivity to Prayagraj. Ganga Expressway will be 600kilometres long and can be expanded to six-lane in future. Chief Minister also stated that after completion it would be longest in the world.
RBI To Inject Rs 37,500 Crore Through OMO In February
i: The Reserve Bank of India has stated that it will inject Rs 37,500 croreinto the system through the purchase of government securities in February to increase liquidity.
ii: RBI stated that it has decided to conduct the purchase of government securities under Open Market Operations (OMOs) for an aggregate amount of Rs 375 billion in the month of February 2019.
- RBI 25th Governor: Shaktikant Das, Headquarters: Mumbai, Founded: 1 April 1935, Kolkata.
FDI Rose 18% In FY18 To Rs 28.25 Lakh Crore: RBI data
i: Reserve Bank of India has released a data on “Census on Foreign Liabilities and Assets of Indian Direct Investment Companies, 2017-18” which shows that the Foreign Direct Investment (FDI) has increased 18% to Rs. 28.25 lakh crore in FY18.
ii: FDI increased by Rs 4,33,300 crore, including revaluation of past investments, during 2017-18 to reach Rs 28,24,600 crore in March 2018 at market value. Overseas direct investment (ODI) by Indian companies increased by 5% to Rs 5.28 lakh crore.
Schemes and Committees
First Swadesh Darshan Project Inaugurated In Sikkim
i: K.J. Alphons, Union Minister for Tourism has inaugurated the first project under the Swadesh Darshan Project of the Union Ministry of Tourism at the Zero Point, Gangtok, Sikkim. This project was sanctioned by the Ministry of Tourism in June 2015 for Rs. 98.05 crores.
ii: Swadesh Darshan Scheme is one of the flagship scheme of Ministry of tourism for development of thematic circuits in the country in a planned manner.
- Sikkim Chief Minister: Pawan Kumar Chamling, Sikkim Governor: Ganga Prasad.
EPFO’s Central Board of Trustees Notifies 3 New Committees
i: Employees’ Provident Fund Organisation has notified three new committees on Finance, Investment and Audit Committee (FIAC), the Pension and EDLI Implementation Committee (PEIC) and the Exempted Establishments’ Committee (EEC).
ii: All the 3 committees will continue to have central government representatives as well as 2 representatives each of the employers and the employees and domain experts.
ICAR Launches National Agricultural Higher Education Project (NAHEP)
i: Indian Council of Agricultural Research (ICAR) has launched the National Agricultural Higher Education Project (NAHEP) to attract talent and strengthen higher agricultural education in the country.
ii: It is inaugurated at the fourth Convention of 2-day “Agrivision-2019”organized by Vidyarthi Kalyan Nyas in Pusa, New Delhi.
Dilip Sadarangani Appointed As Chairman Of Federal Bank
i: Kerala based private sector lender Federal Bank has appointed Dilip Sadarangani as the part-time chairman. The appointment of Sadarangani, who has been on the bank’s board since 2013, has been cleared by the Reserve Bank.
- Federal Bank Headquarter: Aluva, Kerala, MD & CEO: Shyam Srinivasan, Tagline: Your perfect banking partner.
Ranks & Reports
Dubai Airport Retains Top Position As World’s Busiest Airport
i: Dubai International Airport (DXB) retained its position as the world’s busiest airport for international customer numbers for the fifth consecutive year with annual traffic for 2018.
ii: It overtook the crown of the world’s busiest hub for international travel from London’s Heathrow in 2014.
India Ranks 54th In ‘Bloomberg Innovation Index’ Of 60 Economies
i: India has been ranked in Bloomberg’s 2019 list of most innovative countries in the world – 2019 Bloomberg Innovation Index – for the first time ever. India has grabbed the 54th spot with a score of 47.93 out of 100 in the Innovation Index of 60 economies.
ii: South Korea has topped the Index for the sixth time in a row with a total score of 87.38, followed by Germany and Finland.
Global Corruption Index Released, India Ranks 78
i: Transparency International has released the Global Corruption Index 2018. India rose by 3 points to 78 in the list of 180 countries in the world with a score of 41.
ii: China lagged far behind at 87 and Pakistan ranked 117.
Summits and Conferences
Ministry Of Textiles Launched ‘Artisan Speak’
i: Ministry of Textiles and Government of India launched Artisan Speakat Elephanta Caves (UNESCO heritage site) to strengthen the handlooms and textiles sector of India.
ii: The event has been held to showcase the GI Textiles of India, through a confluence of fashion, music, and dance.
73-yr-old Jean-Luc Wins Round-the-World Sailing Race
i: French sailor Jean-Luc Van Den Heede has won the round-the-world yacht race after 212 days alone at sea without modern instruments.
ii: The 73-year-old, who completed his sixth circumnavigation of the globe, became the oldest to complete the 30,000-mile Golden Globe race. Of the 19 sailors who started out in July 2018, only 5 were still in the race.
Civil Aviation Ministry Launched First GI Store In Goa
i: The Civil Aviation ministry launched the country’s first Geographical Indication (GI) store at Dabolim International Airport in Goa.
ii: Union Minister for Civil Aviation Suresh Prabhu stated that the GI stores will promote local products made by the artisans and handicrafts at the airport.
- Goa Capital: Panaji, Chief minister: Manohar Parrikar.