Current Affairs

  The 6-day long music and dance festival ‘Sopan 2019’, to encourage young artists to take up traditional art took place in New Delhi.  It was Organised by Sahitya Kala Parishad and the New Delhi government, in partnership with New Delhi Municipal Council (NDMC). It is an attempts to take forward the traditional Indian art forms. This festival is an opportunity for upcoming talents from vocals and instruments to dance forms to set an audience base for themselves.
Source: Business Standard

 Shehri Samridhi Utsav, an initiative of Ministry of Housing & Urban Affairs (MoHUA), aims to extend the outreach of Deendayal Antyodaya Mission – National Urban Livelihoods Mission (DAY-NULM), to the most vulnerable, showcase its initiatives and facilitate access of Self-Help Group (SHG) members to the other government schemes. Day one of Shehri Samriddhi Utsav began with a series of rallies led by women’s’ SHGs, across the length and breadth of the country. These rallies spread awareness about DAY-NULM in urban poor communities. A major highlight of Shehri Samridhi Utsav is theNational Exhibition cum sale of SHG products and National Street Food Festival being organized in New Delhi.
Source- The Hindu

  The Indian Space Research Organisation (ISRO) unveiled its Human Space Flight Centre (HSFC) at ISRO Headquarter campus in Bengaluru, Karnataka for its maiden manned space mission ‘Gaganyaan’. The space flight centre was inaugurated by K Kasturirangan, former ISRO Chairman. ISRO is gearing up for its maiden manned mission Gaganyaan, which is planned for 2021-end. The plan is to have the first unmanned mission in December 2020 and the second one in July 2021. Once the two unmanned missions are completed, the manned mission will happen in December 2021.
Source- The Economic Times

  Assam occupied the top slot in the ranking of best practices followed by states in the Budget formulation, followed by Andhra Pradesh and Odisha, as per a survey by Transparency International. The survey is based on 4 parameters which include public disclosure, budgetary process, post-budget fiscal management and efforts to make the budget more transparent and citizen-friendly. The states which figured lower in the ranking were Meghalaya, Manipur and Punjab.
Source- The Moneycontrol

  Fitch Solutions, the research arm of Fitch Group, projected the government’s fiscal deficit to overshoot the budgeted target by 0.2% to 3.6% of GDP in 2019-20 fiscal. It stated that 2019-20 Budget appears to show a strong populist bent in the run-up to the General election due by May 2019. Accordingly, Fitch Solutions revised its forecast for the central government fiscal deficit to come in at 3.6% of GDP in FY 2019-20, from 3% previously, which reflects our expectation for a wider fiscal deficit in FY 2019-20 versus FY2018-19.
Source- The Moneycontrol

 External Affairs Minister Sushma Swaraj and Road Transport and Highways Minister Nitin Gadkari flagged off Suraksha Yatra – a motor car rally from Rajghat in New Delhi to commemorate the 150th Birth Anniversary of Mahatma Gandhi. The flag off was also part of an event to launch the 30th National Road Safety Week. The rally will travel through places historically associated with Gandhiji, both in India, as well as in Bangladesh and Myanmar. It will conclude at Yangon in Myanmar on the 24th of February, covering a total distance of over seven thousand kilometres.
Source- DD News

 Kerala has become the first State to set up a Price Monitoring and Research Unit (PMRU) to track violation of prices of essential drugs and medical devices under the Drugs Price Control Order (DPCO). The move comes more than five years after the National Pharmaceutical Pricing Authority (NPPA) proposed such a system for the States and the Union Territories.
Source- The Hindu

  National Bulk Handling Corporation (NBHC) has released Kharif Crop estimation for the year 2018-2019. According to the report, the basmati rice production is expected to decline by 9.24% to 5.18 million metric tonnes. The total oilseeds production is estimated to be 19.87 million metric tonne which is 5.36 % lower as compared to the year 2018. The pulses production is projected to be dropped to 9.10 million tonnes.
Source: The Economic Times

  Food delivery startup Swiggy has acquihired Bengaluru-based AI startup Kint.io for an undisclosed amount. As part of the deal, Kint.io’s founding members Pavithra Solai Jawahar and Jagannathan Veeraraghavan will join the Swiggy team. Founded in 2014, Kint.io specialises in applying deep learning and computer vision for object recognition in videos. Acqui-hiring refers to buying out a company or an entity primarily for the skills and expertise of its staff, rather than for its products or services. The team at Kint.io will join Swiggy to boost its computer vision technology and superior consumer experience.
Source: The Hindu

  Ministry of Coal of India entered into an MoU with the Ministry of Energy, Republic of Poland. The MoU has been signed between Sh. Haribhai Parathibhai Chaudhary, Minister of State for Coal and Mines and Mr Grzegorz Tobiszowski, Secretary of State, Ministry of Energy, Republic of Poland. The objective of this MoU is to foster relations in the field of coal mining and clean coal technologies through the already established Joint Coal Working Group as well as research institutes and academia between the two countries.
Source- Press Information Bureau (PIB)


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