Feb. 28, 2021

Current Affairs
Feb. 28, 2021

CHANNAPATTANA TOY MAKERS
The Channapattana toy makers thanked Prime Minister Modi for his support to the Indian toy makers.

About:

  • Channapatana is a city and taluk headquarter in Ramanagara District, Karnataka, India.

  • Channapatana is also called as Channpatna by locals.

  • The city is famous for its wooden toys and lacquerware. Channapatna is also called Town of toys ("Gombegala nagara").

  • The origin of these toys is dated back to the reign of Tipu Sultan who invited the artisans from Persia in order to train the local artisans in the art of wooden toy making.

  • These toys have been given Geographical Indication tag by Government of India.

Source : All India Radio
Culture

Current Affairs
Feb. 28, 2021

LEAST DEVELOPED COUNTRY (LDC)
The United Nations Committee for Development Policy (CDP) has recommended graduation of Bangladesh from the category of Least Developed Country (LDC) as it fulfilled the eligibility criteria in terms of per capita income, human assets and economic and environmental vulnerability.

About:

  • This is the second consecutive time since 2018 that the CDP has made recommendation for Bangladesh for graduation from LDC category.

  • The CDP decides on the LDC status of a country based on three criteria-
    • per capita income,

    • human assets index and

    • economic vulnerability index.



  • A country must achieve at least two of the three criteria at two consecutive triennial reviews to be considered for graduation.

  • The proposal will be sent to the United Nations Economic and Social Council (ECOSOC) for endorsement in June to be finally approved by the UN General Assembly (UNGA) in September this year.

  • Bangladesh will get time upto 2026 to prepare for the transition to the status of a developing country. Usually countries are given three years for transition but this year due to the Corona pandemic, Bangladesh has been given five years for the process.

Important Info :

Impact: 

  • Graduation from LDC has double edged impact on countries.
  • On the one hand certain preferential provisions in export, provision of subsidy to agriculture and infant industries and access to climate finance are likely to cease after transition from LDC.
  • On the other hand, enhanced confidence of international financial bodies, improved credit rating and higher FDI are expected to benefit Bangladesh after the transition period is completed.
Source : All India Radio
International

Current Affairs
Feb. 28, 2021

BIR CHILARAY
Shukladhwaja (1510–1571 AD), or more popularly Bir Chilaray, was the younger brother of Nara Narayan, the king of the Kamata Kingdom in present day assam in the 16th century.
  • He was Nara Narayan's commander-in-chief and got his name Chilarai because, as a general, he executed troop movements that were as fast as a chila (kite/Eagle).

Source : PIB
History

Current Affairs
Feb. 28, 2021

PAKISTAN TO REMAIN ON FATF ‘GREY LIST’
Global money laundering watchdog the Financial Action Task Force (FATF) decided to keep Pakistan on its terrorism financing “grey list”.

About:

  • FATF President Marcus Pleyer said Pakistan must demonstrate in taking action against UN-designated terrorists and their associates. It also said once Pakistan completes three unfulfilled tasks, the FATF will verify and take decision on Islamabad's present status in June plenary.

  • In its plenary held in October last year, the FATF had kept Pakistan on the grey list citing its failure to fulfill six out of 27 obligations of the global money laundering and terrorist financing watchdog.

  • The FATF is an inter-governmental body set up in 1989 to combat money laundering, terror financing and other related threats to the international financial system.

  • Currently, it has 39 members. Pakistan has been on the grey list since June 2018.

Important Info :
  • The FATF is an inter-governmental body set up in 1989 to combat money laundering, terror financing and other related threats to the international financial system.
  • Currently, it has 39 members. Pakistan has been on the grey list since June 2018.
Source : All India Radio
International

Current Affairs
Feb. 28, 2021

SWATI MOHAN
The world witnessed the historic landing of NASA's Perseverance Rover, the most advanced astrobiology laboratory ever sent to another world.

About:

  • Among the scientists who are part of this historic mission, Indian-American Dr Swati Mohan spearheaded the development of attitude control and the landing system for the rover.

  • Besides that she was the lead systems engineer throughout the development.

  • She is the key communicator between the GN&C subsystem and the rest of the project's teams.

  • Dr Mohan had emigrated from India to the United States at the age of One. She has worked on Mars-2020 since almost the beginning of the project in 2013 and is currently working at NASA's Jet Propulsion Laboratory in Pasadena.

Source : All India Radio
Science & Tech

Current Affairs
Feb. 28, 2021

BLOCKING OF CONTENT
Union Government clarified that no new provision has been made with regard to Blocking of Content in the recently issued Information Technology (Intermediary Guidelines and Digital Media Ethics Code) Rules.

About:

  • It said that certain misgivings are being raised regarding Rule 16 of the new guidelines which mention that in case of emergency nature, interim blocking directions may be issued by the Secretary, Ministry of Information and Broadcasting.

  • In a statement, the Ministry of Information and Broadcasting said that the same rule was being exercised by the Secretary, Ministry of Electronics and Information Technology since the past eleven years under the Information Technology (Procedure and Safeguards for Blocking for Access of Information by Public) Rules, 2009.

  • Now, under the new rule, this provison will be exercised by the I & B Secretary in place of IT Secretary. 

Source : All India Radio
Science & Tech

Current Affairs
Feb. 28, 2021

AMAZONIA-1 SATELLITE
The Indian Space Research Organisation (ISRO) will launch Amazonia-1 satellite of Brazil and 18 Co-passenger satellites through PSLVC51 rocket from the Sathish Dhawan Space Centre at Sriharikota on February 28, 2021.

About:

  • PSLV-C51, which is the 53rd mission of PSLV, will launch Amazonia-1 of Brazil as primary satellite and 18 Co-passenger satellites from Satish Dhawan Space Centre (SDSC) SHAR, Sriharikota.

  • PSLV-C51/Amazonia-1 is the first dedicated commercial mission of NewSpace India Limited (NSIL), a Government of India company under Department of Space. NSIL is undertaking this mission under a commercial arrangement with Spaceflight Inc. USA.

  • Amazonia-1 is the optical earth observation satellite of National Institute for Space Research (INPE).

  • This satellite would further strengthen the existing structure by providing remote sensing data to users for monitoring deforestation in the Amazon region and analysis of diversified agriculture across the Brazilian territory.

  • The 18 co-passenger satellites include four from IN-SPACe (three UNITYsats from consortium of three Indian academic institutes and One Satish Dhawan Sat from Space Kidz India) and 14 from NSIL.

Source : All India Radio
Science & Tech

Current Affairs
Feb. 28, 2021

NATIONAL SCIENCE DAY
National Science Day is being observed on 28th of February.

About:

  • The day is celebrated every year on 28th of February to commemorate the discovery of the ‘Raman Effect’.

  • On this day, Physicist CV Raman announced the discovery of the 'Raman Effect' for which he was awarded the Nobel Prize in 1930.

  • The day is aimed at spreading the message of the importance of science and its application in human life.

  • The theme for National Science Day 2021 is ‘Future of Science and Technology and Innovation: Impact on Education Skills and Work'.

  • With a view to promote science and innovation, the government presents the National Science Communication Awards on this day. It was instituted in 1987.

Source : All India Radio
Science & Tech

Current Affairs
Feb. 28, 2021

MAGHA PURNIMA
Prime Minister Narendra Modi has greeted the people on the occasion of Magh Purnima.

About:

  • Maghi Purnima is also known by the name of Magha Purnima.

  • It is known to be a day of the full moon that occurs during the Hindu calendar month of Magh.

  • This day falls during the Gregorian calendar month of January or February.

  • During this time period, the auspicious Kumbh Mela is held every twelve years, and the Magha Mela is held on an annual basis at the confluence of three rivers or Triveni Sangam all around north India, such as in cities like Allahabad or Prayag.

Source : PIB
Culture

Current Affairs
Feb. 28, 2021

SAHITYA AKADEMI FELLOWSHIP
A distinguished scholar, writer, translator and critic, Professor Velcheru Narayana Rao has been elected honorary fellow of Sahitya Akademi.

About:

  • The election of Narayana Rao has been made based on his contribution to the Telugu literature.

  • His publications include Girls for Sale: Kanyashulkam and A play from Colonial India.

Do you know?

  • The Sahitya Akademi Fellowship is a literary honour in India bestowed by the Sahitya Akademi, India's National Academy of Letters.

  • It is the highest honour conferred by the Akademi on a living writer, the number of fellows at no time exceeding 21.

  • Elected from among writers thought by the Akademi to be of acknowledged merit, the fellows are sometimes described as the "immortals of Indian literature."

  • Sarvepalli Radhakrishnan was the first writer elected to the Fellowship; Mulk Raj Anand was the first Indian English writer to be inducted in 1989.

Source : All India Radio
Awards

Feb. 27, 2021

Current Affairs
Feb. 27, 2021

CAUVERY-VELLARU-VAIGAI-GUNDAR LINK SCHEME
Terming Tamil Nadu’s decision to utilise surplus water in the Cauvery basin ‘illegal’, Karnataka would approach the Supreme Court for a legal recourse.

About:

  • The decision follows Tamil Nadu’s move to lay foundation to the Cauvery-Vellaru-Vaigai-Gundar link scheme last Sunday. The link scheme proposes to utilise the surplus water in the Cauvery basin and transfer it to its Southern region.

  • According to Karnataka, It is not right on the part of Tamil Nadu to utilise surplus water before it is allocated. Under the provisions of The Inter State Water Disputes Act, it is illegal and cannot happen without proper allocation.

Source : The Hindu
Geography

Current Affairs
Feb. 27, 2021

SECOND ADVANCE ESTIMATES OF NATIONAL INCOME, 2020-21
The National Statistical Office (NSO), Ministry of Statistics and Programme Implementation has released the Second Advance Estimates of National Income, 2020-21 at Constant (2011-12) and Current Prices.

About:

  • The growth in GDP during 2020-21 is estimated at -8.0 percent as compared to 4.0 percent in 2019-20.

  • GDP at Current Prices in the year 2020-21 is estimated to grow at rate of -3.8 percent.

  • The Per Capita Income in real terms (at 2011-12 Prices) during 2020-21 is estimated to attain a level of ₹ 85,929 as compared to ₹ 94,566 in the year 2019-20, giving a growth of -9.1 percent during 2019-20.

  • The Per Capita Income at current prices during 2020-21 is estimated to be ₹ 127,768, showing a decline of 4.8 percent.

  • Agriculture sector is estimated to see a growth of 3 per cent in 2020-21. However, it will be lower than 4.3 per cent growth recorded in 2019-20.

  • Manufacturing sector is estimated to contract 8.4 per cent during FY21, while electricity is likely to grow at 1.8 per cent. Among services sectors, trade, hotel, transport are projected to contract 18 per cent.

Economy

Current Affairs
Feb. 27, 2021

PURNAGIRI TEMPLE
Railway Minister flagged off Tanakpur (Uttarakhand)-Delhi Junction Special train. The train will connect Tanakpur with the national capital and bring socio-economic development in the region while pilgrims visiting Purnagiri temple will be benefitted with improved connectivity.

About:

  • On the Annapurna range, the temple of Shri Purnagiri organises the Purnagiri Mela in Uttarakhand on Navratri.

  • The temple is situated at a distance of 20 kilometer from Tanakpur, on the right bank of the river Kali in the district of Champawat in Uttarakhand.

  • On the Annapurna range, the temple of Shri Purnagiri organises the Purnagiri Mela in Uttarakhand on Navratri. These ranges offer exceptional scenic beauty. The temple is situated at a distance of 20 kilometer from Tanakpur, on the right bank of the river Kali in the district of Champawat.

  • Purnagiri Devi temple is one of the 108 Siddha Peeths.

Source : Outlook
Culture

Current Affairs
Feb. 27, 2021

COMPETITION COMMISSION OF INDIA (CCI)
Union Minister for Finance and Corporate Affairs inaugurated the Competition Commission of India’s (CCI) Regional Office (South) in Chennai.

About:

  • Status: A statutory body established under the provisions of The Competition Act, 2002.

  • Established in: 2003.

  • Composition: A Chairperson and 6 Members appointed by the Central Government.

  • Headquarters: New Delhi.

  • Preceding agency: Monopolies and Restrictive Trade Practices Commission.

  • Mandate: To implement provisions of The Competition Act, 2002 which –
    • prohibits anti-competitive agreements and abuse of dominant position by enterprises

    • regulates mergers and acquisition (M&A) which can have an adverse effect on competition within India. Thus, deals beyond a certain threshold are required to get clearance from CCI.



Source : PIB
Economy

Current Affairs
Feb. 27, 2021

E-DAAKHIL PORTAL
E-Daakhil portal for Consumer grievance redressal is now operational in 15 States/UTs. Department of Consumer Affairs is now proactively following up with the states to launch e-filing portal at their ends.

About:

  • E-filing was launched by National Consumer Dispute Redressal Commission (NCDRC) on 7th September, 2020. Delhi was the first state to implement it on 8th September, 2020.

  • The Consumer Protection Act, 2019, which has come into force from 20th July, 2020, has provision for e-filing of consumer complaints in the Consumer Commissions and online payment of the fees for filing a complaint.

  • A web application for E-filing of consumer complaints named “edaakhil.nic.in” has been developed by NIC for the purpose.

  • This digital software for filing consumer complaints has the many features like e-Notice, case document download link & VC hearing link, filing written response by opposite party, fling rejoinder by complainant and alerts via SMS/Email.

Source : Economic Times
Polity & Governance

Current Affairs
Feb. 27, 2021

BOND YIELD
Rising yields on government securities or bonds in the United States and India have triggered concern over the negative impact on other asset classes, especially stock markets, and even gold.

About:

  • Bond yield is the return an investor gets on that bond or on a particular government security.

  • The major factors affecting the yield is the monetary policy of the Reserve Bank of India, especially the course of interest rates, the fiscal position of the government and its borrowing programme, global markets, economy, and inflation.

  • A fall in interest rates makes bond prices rise, and bond yields fall — and rising interest rates cause bond prices to fall, and bond yields to rise.

  • In short, a rise in bond yields means interest rates in the monetary system have fallen, and the returns for investors (those who invested in bonds and govt securities) have declined.

  • The yield on 10-year bonds in India moved up from the recent low of 5.76% to 6.20% in line with the rise in US yields, sending jitters through the stock market, where the benchmark Sensex fell 2,300 points last week.

Source : Indian Express
Economy

Current Affairs
Feb. 27, 2021

COVAX
Ghana has become the first country in the world to receive a shipment of coronavirus vaccines under the COVAX program.

About:

  • The COVAX program is led by the vaccine alliance GAVI, the World Health Organisation (WHO) and the Coalition for Epidemic Preparedness Innovations (CEPI) in partnership with UNICEF, vaccine manufacturers and the World Bank, among others.

  • The aim is to ensure equitable distribution of COVID-19 vaccines globally in what is being called the largest vaccine procurement and supply operation in history.

  • The program wants to vaccinate roughly 20 per cent of the population in the 92 Advance Market Commitment (AMC) countries, which include middle and lower-income nations that cannot afford to pay for COVID-19 vaccines. This means countries with a Gross National Income (GNI) per capita of less than US $4000 and some other countries which are eligible under the World Bank International Development Association (IDA).

Important Info :
  • About 600,000 doses of the Oxford-AstraZeneca vaccine, manufactured by the Serum Institute of India (SII) in Pune (the largest vaccine manufacturer in the world), were sent to Accra in Ghana on February 23.
  • The AstraZeneca vaccine (known as Covishield in India) was given Emergency Use Listing (EUL) by the WHO this month.
Source : Indian Express
Health

Current Affairs
Feb. 27, 2021

CHURMOSQUAGOGUE
In the heart of Berlin, a new sacred building is coming up with the aim of bringing Christians, Jews and Muslims to a single place of worship.

About:

  • Called the House of One or, colloquially, Churmosquagogue, it incorporates a church, a mosque and a synagogue.

  • The foundation stone will be laid on May 27 by people of these faiths.

  • A meeting space at the center of the building will be open to people of other faiths and world views as well as the secular urban society.

  • The House of One is coming up on the site of the old St Peter’s Church, which was damaged in World War II and completely demolished by the government of East Germany in 1964.

Source : Indian Express
International

Current Affairs
Feb. 27, 2021

CARACAL
The National Board for Wildlife and Union Ministry of Environment included the caracal, a medium-sized wildcat found in parts of Rajasthan and Gujarat, in the list of critically endangered species.

About:

  • Though not under grave threat in its other habitats, the animal is on the verge of extinction in India, some experts believe. The recovery programme for critically endangered species in India now includes 22 wildlife species.

  • Besides India, the caracal is found in several dozen countries across Africa, the Middle East, Central and South Asia. While it flourishes in parts of Africa, its numbers in Asia are declining.

  • The wildcat has long legs, a short face, long canine teeth, and distinctive ears — long and pointy, with tufts of black hair at their tips.

  • The iconic ears are what give the animal its name — caracal comes from the Turkish karakulak, meaning ‘black ears’.

  • In India, it is called siya gosh, a Persian name that translates as ‘black Ear’. A Sanskrit fable exists about a small wild cat named deergha-karn or ‘long-eared’.

Source : Indian Express
Environment

Current Affairs
Feb. 27, 2021

SARAS AAJEEVIKA MELA
Minister of Rural development inaugurated Saras Aajeevika Mela 2021 at Noida Haat.

About:

  • Ministry of Rural Development is working to include more women in Self Help Groups (SHGs). He said these SHGs played a vital role in increasing family income and improving quality of life.

  • The Saras Aajeevika Mela 2021 is being organized from 26th February to 14th March 2021 by the Ministry of Rural Development.

  • More than 300 rural self-help groups and craftsman from 27 states are participating in the Mela.

Source : All India Radio
Economy

Feb. 26, 2021

Current Affairs
Feb. 26, 2021

INFORMATION TECHNOLOGY (INTERMEDIARY GUIDELINES AND DIGITAL MEDIA ETHICS CODE) RULES 2021
Government has notified Information Technology (Intermediary Guidelines and Digital Media Ethics Code) Rules 2021.

About:

  • The Rules have been framed in exercise of powers under section 87 (2) of the Information Technology Act, 2000 and in supersession of the earlier Information Technology (Intermediary Guidelines) Rules 2011.

  • Part- II of these Rules shall be administered by Ministry of Electronics and IT, while Part-III relating to Code of Ethics and procedure and safeguards in relation to digital media shall be administered by the Ministry of Information and Broadcasting.

Salient features

  • Due diligence must be followed by intermediaries, including social media intermediaries. In case, due diligence is not followed by the intermediary, safe harbour provisions will not apply to them.

  • The Rules make a distinction between social media intermediaries and significant social media intermediaries to encourage innovations and enable growth of new social media intermediaries without subjecting smaller platforms to significant compliance requirement,

  • Significant Social Media Intermediary should appoint a Chief Compliance Officer, Nodal Contact Person and Resident Grievance Officer who shall be a resident in India.

  • Code of Ethics for online news, OTT platforms and digital media: This Code of Ethics prescribe the guidelines to be followed by OTT platforms and online news and digital media entities.

  • Self-Classification of Content:
    • The OTT platforms, called as the publishers of online curated content in the rules, would self-classify the content into five age based categories- U (Universal), U/A 7+, U/A 13+, U/A 16+, and A (Adult).

    • Platforms would be required to implement parental locks for content classified as U/A 13+ or higher, and reliable age verification mechanisms for content classified as “A”.



Source : PIB
Science & Tech

Current Affairs
Feb. 26, 2021

DEVELOPMENT PROJECTS IN COIMBATORE
PM Modi inaugurated and laid foundation stone of various development projects in Coimbatore, Tamil Nadu.

About:

  • He dedicated to the nation the 1000 MW Neyveli New Thermal Power Project and 709 MW Solar Power Project of NLC India Limited (NLCIL) (formerly Neyveli Lignite Corporation Limited).

  • He laid the foundation stone for design, supply, installation and commissioning of a 5MW grid connected ground based solar power plant at V.O.Chidambaranar Port and for the extension, renovation and modernisation of Lower Bhavani Project System.

  • He also laid the foundation stone for development of Integrated Command and Control Centers (ICCC) in nine Smart Cities including Coimbatore, Madurai, Salem, Thanjavur, Vellore, Tiruchirappalli, Tiruppur, Tirunelveli and Thoothukudi.

  • He inaugurated the 8-laning of Korampallam Bridge and Rail Over Bridge (ROB) at V.O.Chidambaranar Port and the tenements constructed under the Pradhan Mantri Awas Yojana (Urban) scheme.

Source : PIB
Economy

Current Affairs
Feb. 26, 2021

LPG TRANSPORTATION THROUGH INLAND WATERWAYS
Now LPG can be transported through Inland Waterways. Inland Waterways Authority of India (IWAI) signed an MoU with MOL (Asia Oceania) Pte. Ltd for transportation of LPG through barges on National Waterways-1 and National Waterways-2.

About:

  • The world’s largest gas carrier company, MOL Group will invest for construction and operation of dedicated LPG barges under Make-in-India initiative, the Ministry of Ports, Shipping and Waterways said in a statement.

  • Handling LPG by inland waterways will help reduce the carbon footprints, lowering the overall logistics cost, which in India stands approx. 13 to 14% of GDP, compared to global average of 8% and contributing to Government social schemes like “UJJAWLA” for LPG supply.

Important Info :

Significance Of Project

  • Currently, 60 per cent of the LPG is moved through road to the various locations with a cost of ₹5-6 per tonne per kilometre, which the oil companies are interested in reducing.
  • At times, strikes by transporters, road blockages also cause delay in transportation.
  • Also, there are some areas which are difficult to approach through rail or road especially in the North-East region where IWT sector may provide usable solutions.
Source : The Hindu
Economy

Current Affairs
Feb. 26, 2021

GLOBAL BIO-INDIA 2021
To showcase the strength and opportunities of the India’s biotechnology sector at national level and to the global community, the second edition of Global Bio-India will be organised from 1-3 March 2021 on digital platform.

About:

  • The theme for this year is “Transforming lives” and tag line “Biosciences to Bioeconomy”

  • Global Bio-India 2021 is expected to have representatives from 50+ countries with Switzerland being the partner country and Karnataka as its state partner

  • Global Bio-India is being co-organised by the Department of Biotechnology along with its Public Sector Undertaking, Biotechnology Industry Research Assistance Council (BIRAC) in partnership with Invest India.

  • The first edition of Global Bio-India 2019 was organized at New Delhi.

Source : Outlook
Science & Tech

Current Affairs
Feb. 26, 2021

SWACHH ICONIC PLACES
The Department of Drinking Water and Sanitation (DDWS), Ministry of Jal Shakti has announced the selection of the 12 iconic sites under Phase IV of Swachh Iconic Places (SIP).

About:

  • Under Swachh Iconic Places (SIP) initiative of Swachh Bharat Mission Grameen (SBM-G), aim is to transform the iconic heritage, spiritual and cultural places in the country as ‘Swachh Tourist Destinations’.

  • The objective of SIP is to achieve a distinctly higher level of Sanitation/Cleanliness at these places, especially on the peripheries and in approach areas.

  • This project is being coordinated by the Department of Drinking Water and Sanitation (DDWS), Ministry of Jal Shakti in association with the Ministry of Housing and Urban Affairs (MoHUA), Ministry of Tourism, Ministry of Culture and the concerned State/UT governments.

The places are:

  1. Ajanta Caves, Maharashtra

  2. Sanchi Stupa, Madhya Pradesh

  3. Kumbhalgarh Fort, Rajasthan

  4. Jaisalmer Fort, Rajasthan

  5. Ramdevra, Jaisalmer, Rajasthan

  6. Golconda Fort, Hyderabad, Telangana

  7. Sun Temple, Konark, Odisha

  8. Rock Garden, Chandigarh

  9. Dal Lake, Srinagar, Jammu & Kashmir

  10. Banke Bihari Temple, Mathura, Uttar Pradesh

  11. Agra Fort, Agra, Uttar Pradesh

  12. Kalighat Temple, West Bengal

Source : PIB
Culture

Current Affairs
Feb. 26, 2021

CITY INNOVATION EXCHANGE (CiX) PLATFORM
The City Innovation Exchange (CiX) platform was launched by Secretary, Ministry of Housing and Urban Affairs.

About:

  • The City Innovation Exchange (CiX) will connect cities to innovators across the national ecosystem to design innovative solutions for their pressing challenges.

  • Designed on the philosophy of ‘everyone is an innovator’, the platform will bring together Citizen Organisations-Academia- Businesses- Government to co-create for the future of Urban India in a transparent and sustainable manner.

  • The platform will ease the discovery, design& validation of solutions through a robust, transparent and user centric process that will reduce barriers for innovators and cities to discover fitting solutions.

  • The Platform has more than 400 start-ups, 100 smart cities, more than 150 challenges statements and over 215 solutions at the time of launch.

Source : PIB
Economy

Current Affairs
Feb. 26, 2021

MAHAMRITYUNJAYA TEMPLE
Union Home Minister Amit Shah attended the consecration ceremony of Mahamrityunjaya temple in Naugaon, Assam.

About:

  • He participated in the consecration ceremony of the world’s tallest 126 feet high Shivling in the Mahamrityunjaya temple.

  • He also visited Borodua pilgrimage, the birthplace of Mahapurush Shrimant Shankardev. He started the new Vaishnav tradition from this holy land and made the Vaishnavite tradition vibrant.

Important Info :
  • The Mahamrityunjaya Mantra also known as the Rudra Mantra or Tryambakam Mantra, is a verse of the Rigveda.
  • The sūkta is addressed to Tryambaka, "The Three-eyed One", an epithet of Rudra who is identified with Shiva in Shaivism. The verse also recurs in the Yajurveda.
Source : PIB
Culture

Current Affairs
Feb. 26, 2021

INTEGRATED BAMBOO TREATMENT PLANT
Union Minister of Development of North Eastern Region (DoNER) inaugurated the latest technology Integrated Bamboo Treatment Plant in the premises of North East Cane and Bamboo Development Council (NECBDC) in Byrnihat near Guwahati.

About:

  • The plant is based on vacuum-pressure-impregnation technique and is funded by the National Bamboo Mission (NBM) and North Eastern Council (NEC).

  • This is an initiative of the central government to make India self-reliant in bamboo industry and create employment in this sector.

Important Info :

Other initiatives in the field of Bamboo

  • The Union Territory of Jammu & Kashmir will set up three Bamboo Clusters through collaboration from North East Cane and Bamboo Development Council (NECBDC). Each of the three clusters will be devoted to the production of Agarbatti, baskets and charcoal respectively.
  • Home grown bamboo is exempt from the purview of the 100 year old Indian Forest Act. This will help in bringing ease of doing business in the bamboo sector for the young entrepreneurs.
  • During the COVID-pandemic, the import duty on Agarbatti coming from other countries has been hiked to nearly 35%. This will discourage import of bamboo made Aggarbatties and encourage domestic production.
Source : PIB
Economy

Current Affairs
Feb. 26, 2021

INDIA TOY FAIR
Prime Minister Modi will inaugurate The India Toy Fair 2021 on 27th February.

About:

  • In his Mann ki Baat address in August 2020, the Prime Minister had said that toys not only augment activity, but also give flight to aspirations. He also emphasized boosting toy manufacturing in India.

  • The India Toy Fair 2021 is being organized in line with this vision of the Prime Minister.

  • The Fair will be held from 27th February to 2nd March 2021.

  • It aims to bring together all stakeholders including buyers, sellers, students, teachers, designers etc. on a virtual platform to create sustainable linkages and encourage dialogue for the overall development of the industry.

Important Info :
  • The Government of India has also launched ‘Toycathon’, an online toy hackathon for innovative toys/games concepts.
  • Toycathon-2021 is conceived to challenge India’s innovative minds to conceptualize novel Toy and Games based on Bharatiya civilization, history, culture, mythology and ethos.
Source : PIB
Sports

Current Affairs
Feb. 26, 2021

2nd KHELO INDIA NATIONAL WINTER GAMES
Prime Minister Modi will deliver the inaugural address at the 2nd Khelo India National Winter Games on 26th February 2021.

About:

  • The Games will be held from 26th February to 2nd March, 2021.

  • The event has been organised by the Union Ministry of Youth Affairs and Sports, in collaboration with the J&K Sports Council and the Winter Games Association of J&K.

  • The sports activities will include alpine skiing, nordic ski, snowboarding, ski mountaineering, ice hockey, ice skating, ice stock etc.

  • 27 States, Union Territories and Boards are sending their teams to participate in the games.

Source : Times of India
Sports

Feb. 25, 2021

Current Affairs
Feb. 25, 2021

PRODUCTION LINKED INCENTIVE SCHEME FOR PHARMACEUTICALS
The Union Cabinet has approved Production Linked Incentive (PLI) Scheme for Pharmaceuticals over a period of Financial Year 2020-21 to 2028-29.

About:

  • Total incremental sales of Rs.2,94,000 crore and total incremental exports of Rs.1,96,000 crore are estimated during six years from 2022-23 to 2027-28.

  • The Scheme is also expected to bring in investment of Rs.15,000 crore in the pharmaceutical sector.

  • The scheme will be part of the umbrella scheme for the Development of Pharmaceutical Industry.

  • The objective of the scheme is to enhance India's manufacturing capabilities by increasing investment and production in the sector and contributing to product diversification to high value goods in the pharmaceutical sector.

  • Target Groups: The manufacturers of pharmaceutical goods registered in India will be grouped based on their Global Manufacturing Revenue (GMR) to ensure wider applicability of the scheme across the pharmaceutical industry and at the same time meet the objectives of the scheme.

  • Quantum of Incentive: The total quantum of incentive (inclusive of administrative expenditure) under the scheme is about Rs 15,000 crore.

Category of Goods:

The scheme shall cover pharmaceutical goods under three  categories as mentioned below:

  • Category 1: Biopharmaceuticals; Complex generic drugs; Patented drugs or drugs nearing patent expiry; Cell based or gene therapy drugs; Orphan drugs; Special empty capsules like HPMC, Pullulan, enteric etc.; Complex excipients; Phyto-pharmaceuticals: Other drugs as approved.

  • Category 2: Active Pharmaceutical Ingredients / Key Starting Materials / Drug Intermediates.

  • Category 3: Drugs not covered under Category 1 and Category 2.

Source : The Hindu
Health

Current Affairs
Feb. 25, 2021

PRODUCTION LINKED INCENTIVE SCHEME FOR IT HARDWARE
The Union Cabinet chaired by the Prime Minister has approved the Production Linked Incentive (PLI) Scheme for IT Hardware.

About:

  • The scheme proposes production linked incentive to boost domestic manufacturing and attract large investments in the value chain of IT Hardware.

  • The Scheme shall, extend an incentive of 4% to 2% / 1% on net incremental sales (over base year i.e. 2019-20) of goods manufactured in India and covered under the target segment, to eligible companies, for a period of four (4) years.

  • The scheme is likely to benefit 5 major global players and 10 domestic champions in the field of IT Hardware manufacturing including Laptops, Tablets, All-in-One PCs, and Servers.

  • Financial Implications: The total cost of the proposed scheme is approximately Rs.7,350 crore over 4 years, which includes an incentive outlay of Rs.7,325 crore and administrative charges of Rs.25 crore.

Important Info :

Background:

  • Currently, the laptop and tablet demand in India is largely met through imports valued at USD 4.21 billion and USD 0.41 billion respectively in 2019-20.
  • The market for IT Hardware is dominated by 6-7 companies globally which account for about 70% of the world's market share.
Source : The Hindu
Economy

Current Affairs
Feb. 25, 2021

EMBARGO LIFTED ON GRANT OF GOVERNMENT BUSINESS TO PRIVATE BANKS
The Government has lifted the embargo on private sector banks (only a few were permitted earlier) for the conduct of Government-related banking transactions such as taxes and other revenue payment facilities, pension payments, small savings schemes, etc.

About:

  • With the lifting of the embargo, there is now no bar on RBI for authorization of private sector banks (in addition to public sector banks) for Government business, including Government agency business.

  • Government-related banking transactions include taxes and other revenue payments, pension payments, and small savings schemes.

  • In 2012, the finance ministry had not allowed private banks, barring some, to undertake government business for three years.

  • In 2015, the government had continued with the embargo, and allowed the private sector with existing government agency business to continue without any fresh authorisation to private banks.

  • For undertaking government agency business, the RBI pays a commission to banks. The central bank carries out the general banking business of the central and state governments through agency banks appointed under Section 45 of the RBI Act, 1934.

Economy

Current Affairs
Feb. 25, 2021

CONSPIRACY
In granting bail to 22-year-old climate change activist Disha Ravi on Tuesday, the trial court in Delhi rejected the Delhi Police charge that she was part of a “larger conspiracy” to incite violence in the national capital on January 26.

About:

  • Section 120A of the Indian Penal Code (IPC) defines criminal conspiracy; Section 120B prescribes the punishment for it.

  • An “agreement” between two or more persons to commit a criminal offence constitutes the offence of criminal conspiracy.

  • Only an agreement is necessary and sufficient to establish the charge of conspiracy, even if the actual criminal offence itself has not been committed. Criminal conspiracy is a substantive offence in itself.

  • The law in its current form was added in 1913, nearly four decades after the IPC was first enacted. The provision was designed by the British to deal with the rising nationalist sentiment in India.

Source : Indian Express
Defence & Security

Current Affairs
Feb. 25, 2021

KODOKUSHI, KAROSHI AND HIKIKOMORI
Earlier this month, Japan appointed a Minister of Loneliness after the country’s suicide rate went up for the first time in 11 years.

About:

  • Japan’s suicide rate rose in 2020, with 20,919 people taking their lives according to data by the National Police Agency. Most experts believe that the problem of escalating suicides in Japan is tied to the country’s culture of loneliness.

  • Japan’s ageing population — over 20% of the country’s population is more than 65 years old, which is the highest proportion for that category in the world — has created a huge section of middle-aged and older people who feel they have no one to turn to for help and company.

  • Since most ageing people do not socialise much, many of them die alone, with their bodies being discovered a long time after their death. The phenomenon is known as ‘kodokushi’, which means ‘lonely death’.

  • The country also has some of the longest working hours in the world, which leaves people with little opportunity to spend time with their friends or be engaged in hobbies they are interested in. In fact, Japan has a term for sudden occupational mortality — ‘karoshi’, which means death due to overwork.

  • The culture of self-isolation has spiralled to such extremes in the country that there are about one million people who live in absolute self-imposed confinement for many years with no contact with the outside world. These modern-day hermits are called ‘hikikomori’.

Source : Indian Express
International

Current Affairs
Feb. 25, 2021

COURT ETIQUETTE
The debate around court etiquette in India was triggered again on February 23 after a Supreme Court Bench headed by Chief Justice of India (CJI) S A Bobde objected to a petitioner addressing judges as “Your Honour”.

About:

  • “When you call us Your Honour, you either have the Supreme Court of United States or the Magistrate in mind. We are neither,” the CJI told the petitioner, a law student.

  • For years, there have been efforts to purge from courtroom protocol salutations such as “My Lord” and “Your Lordship” — a practice inherited from British rule.

  • The Advocates Act of 1961, under section 49(1)(c), empowers the Bar Council of India to make rules on professional and etiquette standards to be observed by advocates.

  • To address this issue, a Resolution by the Bar Council of India in 2006 added Chapter IIIA to Part VI of the BCI Rules.

  • Interestingly, while the 2006 notification discouraged the use of “My Lord” and “Your Lordship”, it prescribed “Your Honour” or “Hon’ble Court” as an acceptable way for addressing the Supreme Court & High Courts, and “Sir” in Subordinate Courts and Tribunals.

Source : Indian Express
Polity & Governance

Current Affairs
Feb. 25, 2021

JAWS OF LIFE
Golfing legend Tiger Woods was involved in a major car accident in Southern California with multiple injuries.

About:

  • Initially it was reported that paramedics used a tool called the ‘jaws of life’ to extricate the athlete from his vehicle. However, they later retracted their statement and clarified that Woods was removed from the wreckage using other tools.

  • While the ‘jaws of life’ were not used for Woods’ rescue, the initial post resulted in a lot of curiosity about the tool.

  • The ‘jaws of life’ are a hydraulic-extrication rescue tool used in a number of difficult emergency situations, particularly car crashes.

  • It is most often used to pull drivers and passengers out of damaged vehicles after severe traffic collisions.

  • The tool, also known as the hydraulic spreader-cutter, was invented by George Hurst in 1961

  • It consists of four main components — cutters, spreaders, rams, and the power source.

Source : Indian Express
Disaster Management

Current Affairs
Feb. 25, 2021

KARBI INSURGENCY
Over 1,000 militants of five militant groups of Karbi Anglong district ceremonially laid down arms at an event in Guwahati in the presence of Assam Chief Minister.

About:

  • The surrendered militants comprised cadres from five outfits — Karbi People’s Liberation Tiger (KPLT), People’s Democratic Council of Karbi Longri (PDCK), Karbi Longri NC Hills Liberation Front (KLNLF), Kuki Liberation Front (KLF) and United People’s Liberation Army (UPLA).

  • Insurgency by Karbi — a major ethnic community of Assam — has had a long history in Assam since the late 1980s.

  • These outfits originated from a core demand of forming a separate state.

  • Today, the Karbi Anglong Autonomous Council (KAAC) is an autonomous district council, protected under the Sixth Schedule of the Indian Constitution.

  • The entire political discourse in this constituency — comprising three districts of Karbi Anglong, West Karbi Anglong (split from the former in 2016) and Dima Hasao — revolves around the demand for
    • granting of “Autonomous State” status to the region and

    • more autonomy and power to the KAAC and the North Cachar Hills Autonomous Council (which administers over Dima Hasao district).



Source : Indian Express
Defence & Security

Current Affairs
Feb. 25, 2021

HOUSEWORK COMPENSATION
In a landmark judgment delivered weeks after China enforced its new civil code, a divorce court in Beijing has ordered a man to compensate his ex-wife for the housework she did during five years of marriage.

About:

  • The court has split their joint property equally, and ordered the man to pay around $7,700 to his former wife as “housework compensation”.

  • On January 1, the Chinese government brought into force a new civil code, which legal experts have described as offering greater protection for individual rights.

  • Before the new law came into force, such compensation could be demanded only in cases where a prenuptial agreement had been signed– in itself an uncommon practice.

Important Info :

Comment over the ruling

  • Many have commented that 50,000 yuan is too small an amount for five years of household work, and have expressed that men should take up a greater role in managing domestic duties. Others have described the verdict as recognition of unpaid labour at home.
Source : Indian Express
Social Issues

Current Affairs
Feb. 25, 2021

NARENDRA MODI STADIUM
Motera cricket stadium, the world’s largest cricket stadium, has been renamed from Sardar Patel Stadium to Narendra Modi Stadium.

About:

  • Motera Stadium, is a cricket stadium in Ahmedabad, Gujarat.

  • India’s Test against England is the first match at the brand new Motera, the name of the place, after it was refurbished and converted into a 110,000-seater facility, making it the biggest cricket ground in the world in terms of capacity.

Important Info :

Name change

  • Naming it after a politician was in line with a decades-old practice in Indian sport, especially cricket.
  • Mumbai’s Brabourne and Wankhede Stadiums were named after individuals who were alive at the time. The same is the case with Navi Mumbai’s D Y Patil Stadium, Bengaluru’s M Chinnaswamy Stadium, and Chennai’s M A Chidambaram Stadium.
  • Mohali’s PCA Stadium was renamed after former BCCI and Punjab Cricket Association president I S Bindra in 2015.
  • The Feroz Shah Kotla Stadium in New Delhi was renamed Arun Jaitley Stadium in 2019.
Source : Indian Express
Sports
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