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Index
Chapter 1- Appointment (National/International)
Chapter 2- Award (National/International)
Chapter 3-Summit/ Conference
Chapter 4- Government Scheme
Chapter 5- Ranking Index
Chapter 6- Partnership/ Agreement
Chapter 7- Merger and Acquire Company
Chapter 8- App/ Website
Chapter 9- Committee list
Chapter 10- GDP Forecasting
Chapter 11- Loan Sectioned
Chapter 12- Important MoU
Chapter 13- Current Affairs (National/International)
Chapter 14- Banking and Financial
Chapter 15- Defence News
Chapter 16- Sports News
Chapter 17- Books/ Author
Chapter 18- Important Day
Chapter 19- Obituary
Chapter 20- Budget 2020
Chapter 21- Economic Survey 2020
Chapter 1- Appointment (January)
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(National)
Organization Persons
Lakshmi Vilas Bank (LVB) new interim MD and CEO
S Sundar (Updated 1st January)
Railway Board Chairman Chairman Re-employment of V K Yadav for 1 yr
(Updated 1st January)
New chairman of National Medical
Commission
Professor Suresh Chandra Sharma
(Updated 2nd January)
New RBI Deputy Governor
Michael Debaprata Patra (4th) (Updated 12th January)
Four deputy governors
(i)NS Vishwanathan
(ii) BP Kanungo
(iii) MK Jain
(iv) Michael Debaprata Patra
Shaktikanta Das is the governor of RBI.
New Director General Of Central Reserve Police Force
AP Maheshwari (Updated 13th January)
Headquarters: New Delhi
Formed: 27 July, 1939
New Director of National Book Trust Lt Col Yuvraj Malik (Updated 14th January)
India's New Vice Chief Of Army Staff Lt Gen SK Saini(Updated 16th January)
Chief of Army Staff Manoj Mukund Narwane
Chief of the Naval Karambir Singh
Chief of the Air staff Rakesh Bhadauria
New President of Archery Association of
India
Arjun Munda (Updated 18th January)
New Managing director of SBI Challa Sreenivasulu Setty (Updated 20th
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January)
Chairperson: Rajnish Kumar
Headquarters: Mumbai
Founded: 1 July 1955
New MD/CEO of Bank of Baroda Sanjiv Chadha(Updated 20th January)
Headquarters: Alkapuri, Vadodara
Tagline: "India's International Bank".
New MD/CEO of Canara Bank Lingam Venkat Prabhakar (Updated 20th
January)
Headquarters: Bengaluru
Tagline: "Together we Can
New MD/CEO of Bank of India Atanu Kumar Das (Updated 20th January)
Headquarters: Mumbai
Tagline: Relationships beyond Banking
SoftBank appoints as India head
Manoj Kohli(Updated 22th January)
New Chairman of the Forum of the
Election Management Bodies of South Asia (FEMBoSA).
Sunil Arora (Updated 24th January)
New Secretary of National Commission
for Minorities
B. Anand (Updated 27th January)
Minorities Minister: Mukhtar Abbas Naqvi
CEO of the Indian Banks Association Sunil Mehta (Updated 27th January)
(International)
Organization Persons
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Guinea-Bissau new President Umaro Cissoko Embalo (Updated 2nd
January)
Capital: Bissau
Currency: West African CFA franc
Croatia new President Zoran Milanovic (Updated 8th January)
Capital: Zagreb
Currency: Croatian kuna
Taiwan new President Tsai Ing-wen second term (Updated 8th
January)
Capital: Taipei
Currency: New Taiwan dollar
New Sultan of Oman Haitham bin Tariq Al (Updated 12th January)
Capital: Muscat
Currency: Omani rial
New Prime minister of Malta
Robert Abela (Updated 12th January)
Capital: Valletta
Currency: Euro
New Guatemala President Alejandro Giammattei (Updated 14th
January)
Capital: Guatemala City
Currency: Guatemalan quetzal
New Prime Minister of Russia
Mikhali Mishustin (Updated 14th January)
Capital: Moscow
Currency: Russian ruble
President: Vladimir Putin
Queen's Counsel for courts of England
and Wales appointment
Senior Advocate Harish Salve
Greece’s 1st woman president Kyriakos Mitsotakis (Updated 22nd January)
Capital: Athens
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Currency: Euro
Qatar new PM Sheikh Khalid bin Khalifa bin Abdelaziz Al Thani (Updated 25th January)
Capital: Doha
Currency: Qatari riyal
First post-Brexit UK ambassador Portuguese diplomat Joao Vale de Almeida (Updated 24th January)
Chapter 2- Award (January)
National
Awards Persons/Organization Purpose/ Field
Polly Umrigar award for
best Indian international
cricketer
Jasprit Bumrah Cricket
Merck Young Scientist
Award 2019 Sakya Singha Sen A senior scientist Sakya
Singha Sen from National
Chemical Laboratory (CSIR-
NCL) Pune, has been
awarded “Merck Young
Scientist Award 2019” for
doing remarkable research
in chemical science.
29th Saraswati Samman “Vasdev Mohi” Eminent Sindhi writer
Vasdev Mohi will be
conferred with 29th
Saraswati Samman. He has
been selected for this
prestigious literary award
for his short stories
collection- Chequebook.
This short stories collection
talks about the agonies and
sufferings of marginalized
sections of the society.
MP’s Mangeshkar Award Indian singer Suman They have been chosen for
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for 2017 Kalyanpur this award for their
contribution in the field of
music and will be awarded
in February 2020 at an event in Indore, Madhya Pradesh.
MP’s Mangeshkar Award for 2018
Indian Music composer Kuldeep Singh
Same
Election Commission
award
The Hindu Tamil The Hindu Tamil has won
the Election Commission of
India’s award for its voter
awareness and education
campaign in 2019
‘Harit Ratna Award 2019’ N Kumar, Vice-Chancellor of
Tamil Nadu Agricultural
University
All India Agricultural
Students Association for
dissemination of ₹30-crore
entrepreneurship project in
agri-business and for
motivating students to the
agriculture sector in the
State.
Best Tableaux Awards
(States and Union
territories)
Assam’s Theme-‘Land of Unique Craftsmanship and Culture
Best Tableaux
Awards(Ministry)
National Disaster Response
Force
Best Tableaux Awards
(Departments)
Jal Shakti Mission (Theme- Jal Jeveen Mission)
Aims at providing functional
tap connection to every rural
household by 2024.
Padma Vibhushan Award 2020 (Total-7)
Name Field State/Country
1. George Fernandes Public Affairs Bihar
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(Posthumous)
2. Arun Jaitley
(Posthumous)
Public Affairs Delhi
3. Sir Anerood Jugnauth Public Affairs Mauritius 4. M. C. Mary Kom Sports Manipur 5. Chhannulal Mishra Art Uttar Pradesh 6. Sushma Swaraj
(Posthumous)
Public Affairs Delhi
7. Sri Vishveshateertha Swamiji Sri Pejavara Adhokhaja Matha Udupi (Posthumous)
Others-Spiritualism Karnataka
Padma Bhushan Award 2020 (Total-16)
The Padma Bhushan is the third-highest civilian award in the Republic of India,
preceded by the Bharat Ratna and the Padma Vibhushan and followed by the Padma Shri.
Established: 1954
SN Name Field State/Country
1 M. Mumtaz Ali (Sri M) Others-Spiritualism Kerala
2 Syed Muazzem Ali
(Posthumous)
Public Affairs Bangladesh
3 Muzaffar Hussain Baig Public Affairs Jammu and
Kashmir
4 Ajoy Chakravorty Art West Bengal
5 Manoj Das Literature and Puducherry
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Education
6 Balkrishna Doshi Others-Architecture Gujarat 7 Krishnammal Jagannathan Social Work Tamil Nadu 8 S. C. Jamir Public Affairs Nagaland 9 Anil Prakash Joshi Social Work Uttarakhand 10 Dr. Tsering Landol Medicine Ladakh 11 Anand Mahindra Trade and Industry Maharashtra 12 Neelakanta Ramakrishna
Madhava Menon (Posthumous)
Public Affairs Kerala
13 Manohar Gopalkrishna
Prabhu Parrikar (Posthumous)
Public Affairs Goa
14 Prof. Jagdish Sheth Literature and
Education
USA
15 P. V. Sindhu Sports Telangana 16 Venu Srinivasan Trade and Industry Tamil Nadu
International Award
Awards Persons/Organization Purpose/ Field
Best men’s player title at
Dubai Globe Soccer
Awards
Cristiano Ronald
(Footballer)
Ronaldo, who finished third
behind Virgil van Dijk and
winner Lionel Messi in the
2019 Ballon d’Or rankings,
has now earned the title for
the sixth time of its nine
years of existence.
Global Child Prodigy
Award
Dubai-based Indian Teen
Sucheta Satish
A 13-year-old Indian girl in
Dubai has won the 100
Global Child Prodigy Award
for singing in most
languages (120) during
one concert and the longest
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live singing concert by a
child, according to a media report on 3rd January.
Global Child Prodigy Award
British Indian yoga champion Ishwar
A 10-year-old schoolboy and
under-11 yoga champion
from the UK has been
honored with the Global
Child Prodigy Award 2020
for achievements in spiritual
discipline yoga.
Highest Australian civilian
honour
Order of Australia honour
Kiran Mazumdar-Shaw Contribution towards
advancing the country's relationship with India.
Champion of Change
Award
Jharkhand Chief Minister
Hemant Soren
For his work in the Barhait
and Dumka assembly constituencies in the state.
Global Citizen Prize: Cisco
Youth Leadership Award for 2019
Priya Prakash For her school health
programme that aims at
providing 360 degree
healthcare support to
children.
French honour, Knight of
the Order of Arts and
Letter
Sanjna Kapoor For her outstanding contribution to theatre.
2020 Tyler Prize for
Environmental Achievement
Green economy’ pioneer
Pavan Sukhdev
Award alongside
conservation biologist
Gretchen C. Daily, was the
Special Adviser and Head
of UNEP’s Green Economy
Initiative, a major project
launched by then-UN
Secretary-General Ban Ki-moon
Ayurveda Ratan Award 2020
Dr. Partap Chauhan Dr. Partap Chauhan, the
pioneer of Ayurvedic
Telemedicine, has Conferred
with Prestigious Ayurveda
Ratan Award 2020 in
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Brussels, Belgium during
Ayurveda Day Celebratio
at the European
Parliament
'World Games Athlete of
the Year'
Indian women's team
captain Rani Rampal
The first-ever hockey
player worldwide to win
the prestigious 'World
Games Athlete of the Year' award.
Grammy Awards 2020
62nd edition of the Annual Grammy Awards was held at the Staples Center in Los
Angeles city of California in the United States(US). The awards were given in recognition
for the best recordings, compositions and artist covering the period from October 1, 2018
till August 31, 2019.
Category Winner
Best Spoken Word Album “Becoming” by Michelle Obama
Album of the Year “When We All Fall Asleep, Where Do We Go?” by Billie
Eilish
Record of the Year “Bad Guy” by Billie Eilish
Best Rap Song “A Lot” 21 Savage Featuring J. Cole
Best Country Album “While I’m Livin” by Tanya Tucker
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Song of the Year “Bad Guy” Billie Eilish & Finneas O’Connell,
songwriters (Billie Eilish)
Best Rock Album “Social Cues” by rock band Cage The Elephant
Best Rock Song “This Land,” Gary Clark Jr., songwriter
Dance/Electronic Album No Geography by The Chemical Brothers
Best Music Video “Old Town Road” by Lil Nas X & Billy Ray Cyrus
Best Folk Song Patty Griffin by Patty Griffin
Best Comedy Album Sticks & Stones by Dave Chappelle
Best Rap/Sung
Performance
“Higher”, DJ Khaled featuring Nipsey Hussle and John
Legend
Best World Music Album “Celia” by Angelique Kidjo.
Best Alternative Music Album
“Father of the Bride” by Vampire Weekend.
Best Music Film “Homecoming” by Beyonce.
Best pop solo Performance
“Truth Hurts” by Lizzo.
Chapter 3-Summit/ Conference (January)
Summit/ Conference Location About
Indian Science Congress Bengaluru The 107th edition of the Indian
Science Congress (ISC) will focus
on ‘science and technology: rural
development’.
23rd National Youth
Festival-2020
Lucknow Ministry of Youth Affairs and
Sports and State Government of
Uttar Pradesh are jointly
organizing 23rd National Youth
Festival (NYF) 2020 at Indira
Pratishthan, Lucknow from 12th to 16th January, 2020.
World Future Energy Summit
Abu Dhabi
The World Future Energy Summit
will begin on 13th January in Abu
Dhabi, 33,500 participants from
170 countries and 800 specialist
exhibitors are expected to attend the four-day annual event.
The theme for this year's summit is
"Rethinking Global Consumption,
Production, and Investment."
Raisina Dialogue New Delhi India's flagship global conference
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on geopolitics and geo-economics
Raisina Dialogue began in New
Delhi on 15th January. Prime
Minister Narendra Modi attended the inaugural session.
7th Conference of CPA India Region
Lucknow Lok Sabha Speaker Om Birla inaugurates.
The main theme of the conference
is 'ROLE OF LEGISLATORS' and
during the Plenary Sessions spread
over two days, delegates will discuss
the Capacity Building of Legislators
for Scrutinizing Budgetary
Proposals and Enhancing Focus of
Legislators on Legislative Business.
Food Processing Summit Ladakh Union Territory Ladakh is hosting
the first ever Food Processing
Summit to attract investors to the
region. With the help of Ministry of
Commerce and Industry and the
Ministry of Food Processing
Industries, the UT Administration of
Ladakh is organizing the Summit.
Fifth Science Film festival Goa Aims: Instilling the knowledge of
science among the youth with the
help of exhibitions, masterclasses,
workshops, and other activities.
19th Shanghai Cooperation
Organisation
India The 19th council of heads of
government of the Shanghai
Cooperation Organisation (SCO)
will be hosted by India later this
year. This would be the first high-
level meeting of the SCO that would
be organised here since India’s
admission to the eight-member grouping.
50th World Economic Forum
Davos The 50th Annual Meeting of the
World Economic Forum opens in
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Davos, Switzerland on 21st January.
This year's programme focuses on
achieving maximum impact on the
Forum's platform for public-private
cooperation across six core areas
of activity: ecology, economy,
society, industry, technology, and geopolitics.
International Children’s Film Festival
Bangladesh The 13th edition of the
International Children’s Film
Festival of Bangladesh was inaugurated in Dhaka.
The festival is one of the biggest film
events in Bangladesh. It is the only
international film festival for
children and young adults of the
country.
World Sustainable
Development Summit
(WSDS) 2020
New Delhi The World Sustainable
Development Summit (WSDS), the
annual flagship event of TERI will
be held from 29-31 January, 2020 in New Delhi.
Theme: 'Towards 2030 Goals:
Making the Decade Count', laying
focus on the global efforts being
made to meet our 2030 targets.
Summit will be addressing the broad
themes of- circular economy,
water, energy, industry
transitions, and e-mobility.
Chapter 4- Government Scheme (January)
SCHEME PURPOSE
YSR Aarogyasri scheme Andhra Pradesh Chief Minister YS Jagan
Mohan Reddy will inaugurate YSR Aarogyasri
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(Updated 3rd January)
Andhra Pradesh
scheme at Eluru in West Godavari district on
3rd January . The scheme will be inaugurated in
each district by respective mandal and district
officials. Over one crore individuals will be benefited under this new health scheme.
The chief minister has also announced to
compensate for wage loss incurred during the
post-operative period. With monthly cap of Rs
5,000 Dr YSR Aarogyasri Health Care Trust will
pay Rs 225 per day for the prescribed recovery
period.
‘Amma Vodi’
(Updated 9th January)
Andhra Pradesh
Andhra Pradesh Chief Minister Y S Jagan
Mohan Reddy on 9th January launched his
government’s launch programme ‘Amma
Vodi’ scheme meant to support lakhs of poor and needy mothers to educate their children.
Marking the launch, Reddy pressed a button on a
laptop to credit an annual financial assistance to
the tune of Rs 15,000 each into the accounts of
around 43 lakh mothers for the benefit of 82 lakh
children in the state.
VISHWAS and CYBER AASHVAST
(Updated 12th January)
Home Ministry
Union Home Minister Amit shah today digitally
launched project VISHWAS and CYBER AASHVAST at Mahatma Mandir in Gandhinagar.
About Vishwas Aims: The project aims at
improving Law and Order Management,
Proactive traffic management and control, Crime
detection through video analytics and Post incident Investigation and video forensics.
About Cyber AASHVAST: To make cyber-space
safe, Gujarat Police has brought the cyber-
security solution to common man through Cyber
AASHVAST Project, which is a helpline for cyber
crime victims.
Yashaswini Scheme
(Updated 11th January)
Union Minister for Women and Child
About Yashaswini scheme : Under Yashaswini
scheme, women self-help groups will be given
interest free loans of upto Rs Five lakh for business.
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Development and Textiles
‘Saksham’
(Updated 16th January)
Ministry of Petroleum and Natural Ga
‘Saksham’, an annual one-month long, people-
centric fuel conservation mega campaign of
Petroleum Conservation Research Association (PCRA)
Mukhyamantri Krishak Durghatna Kalyan Yojana
(Updated 14th January)
Uttar Pradesh Government has launched
Mukhyamantri Krishak Durghatna Kalyan
Yojana which will provide financial assistance to
family of farmers who die or become
handicapped while working in fields.
About Scheme: The scheme will cover farmers
and their family members in the age group of 18-
70 years and will be implemented from 14th September last year.
'Shiv Bhojan'
(Updated 26th January)
Maharashtra government
The Shiv Sena-led Maharashtra government
on 26th Janaury launched 'Shiv Bhojan' scheme,
which is aimed at providing a meal to the poor
for just 10 rupees, on the occasion of the 71st
Republic Day.
Chapter 5-Ranking Index (January)
Index Index released by India’s
Rank
1st Rank
Travel and Tourism
Competitiveness index
34th Spain
Henley Passport Index 2020
International Air Transport
Association (IATA), Henley &
Partners
84th Japan
Central banks in
buying gold abroad
World Gold Council 6th (RBI) China
Global Social Mobility
Index World Economic Forum 76th Denmark
Water efficiency Rank State and Central
government water
Top-Gujarat
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departments by the ministry
of Jal Shakti
Worst -Delhi
Receiving FDI in 2019 UNCTAD 8th Top- US
2nd - China
EIU's Democracy Index The Economist Intelligence Unit
51st Norway
Global corruption
perception index 2019
Transparency International 80th New Zealand and
Denmark
Bottom- Somalia
Global Talent
Competitiveness Index
72nd Switzerland
SKOCH State of
Governance 2019 SKOCH Gujarat
The most polluted city
in the country in 2018
Greenpeace Top- Jharia
Lunglei in Mizoram
was the least polluted city
FT MBA ranking Indian
Institute of
Management
(IIM)
Bangalore at 27
Indian School
of Business-
28th
IIM Calcutta-
42nd
IIM
Ahmadabad-
47TH
Harvard Business School, US
Chapter 6-Partnership/ Agreement (January)
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Partnership/ Agreement Aims
Bank of Baroda ties up with JM Financial State-owned Bank of Baroda has entered
into a strategic co-lending agreement
with JM Financial Home Loans Limited
(JMFHL), the housing finance arm of JM
Financial Group, for offering retail loans to home buyers.
RevFin and PNB MetLife tie up To provide protection to the customers
through life insurance on their loans.
Aims: This partnership will support financial
inclusion by helping to secure the families of
the borrowers against loan repayment
burden in the event of the unfortunate demise of the borrower during the loan term.
CSC (Common Service Centres) inks pact with Paytm Payments Bank
In a move aimed at realising the
government's vision of cashless and
smooth transit at all toll plazas across
country, the Common Service Centre has
signed a MoU with Paytm for sale of
FASTAgs through the last mile network of
3.6 lakh CSCs.
Indian Railways signs MoU with RailTel After the successful completion of the
Phase 1 execution of NIC e office for
50000 users in 58 units, Indian Railways
has signed MoU with RailTel, a miniratna
PSU under Ministry of Railways, for the
phase 2 of the project. In phase 2, RailTel
will register 39000 users over 34 Railway
divisions on NIC e office platform by 30th June 2020.
The phase 1 of NIC e-office execution started
with a mandate to complete the work by March 2020.
MoU between SCR of Indian Railways and SBI for Doorstep Banking
A Memorandum of Understanding was
signed between South Central Zone of
Indian Railways and State Bank of India
for Doorstep Banking for direct pickup of
earnings covering all 585 Railway
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stations over SCR Zone.
The direct pick up of cash from all the
railway stations on SCR as per the MoU
dispenses with the tedious and complex
activity of movement of cash earnings through “Cash Safes” by trains.
Bajaj Finserv Partners With Apollo Hospitals
Bajaj Finserv Exclusive partnership with
Apollo Hospitals Group where the health
EMI card, like a wallet, will be available for
both our existing two crore clients and new
clients; i.e., patients in Apollo Hospitals Group.
Benefit: Bajaj Finserv has launched
digitized health EMI cards covering an
entire family with a credit limit ranging
between Rs 40,000 and Rs 4 lakh. The 0%
EMI cards, which will be accepted across all
centres of Apollo Hospitals in the country,
has a personal accident insurance cover of Rs 1 lakh.
Airtel Joins Hands with Western Union Bharti Airtel giant recently associated
with the major money transfer brand
Western Union to launch real-time
payments into bank accounts in India and
mobile wallets across Africa.
Tongo join hands to NTPC as PMC for
about 300 MW solar power projects in
Togo
The Letter of Engagement of NTPC as PMC
for development about 300 MW Solar
Power Projects by Togo was handed over
here on 28th January by Mr. Kondi Mani,
Charge d’ Affaire, Embassy of Togo, New
Delhi.
Togo is a Country in West Africa and
Member of International Solar Alliance (ISA).
The country has set an ambitious plan to
achieve universal electricity access by 2030
with focus on capacity addition in Solar Power generation.
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Chapter 7- Merger and Acquire Company (January)
Merger Company About
HDFC Completes Acquisition Of Apollo Munich Health Insurance
Mortgage lending major HDFC on 9th
January announce that it has completed the
acquisition of 50.80 per cent share of
Apollo Hospitals Group in Apollo Munich
Health Insurance Company worth Rs 1,485.14 crore.
Apollo Munich Health Insurance Company
Limited has been renamed as HDFC ERGO
Health Insurance Limited (HDFC ERGO
Health) and will operate as a subsidiary of
HDFC Limited."
Zomato acquired the Indian operations of Uber Eats
Online food delivery and restaurant
discovery platform Zomato has acquired
the Indian operations of Uber Eats, the
food delivery business run by Uber, for
around $350 million (Rs 2,485 crore).
The all-stock transaction will give the US-
based ride-hailing company about 10% shareholding in Gurgaon-based Zomato.
PayU buys PaySense In India’s largest fintech acquisition deal,
digital payments gateway provider PayU
has acquired a controlling stake in Nexus
Venture Partners-backed fintech start-up
PaySense at a valuation of $185 million.
Flipkart former CEO Sachin Bansal
acquires DHFL General Insurance
Flipkart co-founder and former CEO
Sachin Bansal has reportedly acquired
DHFL General Insurance from Wadhawan
Group Capital (WGC) for around Rs 100
crore. The deal is seen as a distress sale for
Kapil Wadhawan-led financial services
group, which used to run the debt-laden
DHFL.
ICL board approves its merger proposal
with Oriental Insurance Company &
United India Insurance Company Ltd.
State-owned non-life insurer National
Insurance Company Ltd has approved its
merger with Oriental Insurance Company
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Ltd and United India Insurance Company
Ltd.
The boards of Oriental Insurance Company
and United India Insurance Company have
already given their nod to the merger.
Chapter 8- App/ Website (January)
Website/App Organization About
‘MANI’ (Mobile Aided
Note Identifier)mobile app
RBI The Reserve Bank of India has
launched ‘MANI’ (Mobile Aided Note
Identifier)mobile app to help the
visually challenged identify the denomination of currency notes.
Feature:
The currency notes will be scanned
using a mobile phone’s camera.
The most interesting feature of the
app is that it can also be used offline after installation.
The audio output is available in both
Hindi and English languages
“MyApps” HDFC Bank HDFC Bank launched myApps
application to boost digital
payments in India. myApps is a
unique customised suite of banking
products.
Benefit: Urban local bodies, housing
societies, local clubs and gymkhanas
and religious institutions.
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Chapter 9- Committee list (January)
Committee Headed by Purpose
Committee to draft the National Water Policy
Dr Mihir Shah The committee established
by the Ministry of Water
Resources, River
Development and Ganga
Rejuvenation, Government
of India will outline the new
National Water Policy (NWP) for the country.
The committee, comprising
of 11 members including Dr
Shah, will draft the National Water Policy (NWP) and will
Road safety committee Retired judges, Justice
Abhay Manohar Sapre
The Supreme Court on 16th
January said it would
appoint one of its retired
judges, Justice Abhay
Manohar Sapre, as the
chairman of its committee
on road safety after the
panel's current head --
former apex court judge
Justice K S P Radhakrishnan
-- expressed difficulty in continuing in that position.
The bench has posted the
matter for further hearing in July.
Draft mediation law Niranjan Bhat The Supreme Court has,
through a unique step, set up
a panel to firm up a draft
legislation to give legal
sanctity to disputes settled
through mediation, which
would then be sent to the
government as a suggestion
from the apex court.
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The panel, to be headed by
mediator Niranjan Bhat,
will recommend a code of
conduct for mediators, who
are legal experts. On January
12, the committee met in
Hyderabad to consider
suggestions for a legislation
put forth by mediators from
all over India.
The mediators emphasised
on confidentiality, the
voluntary nature of the
process, neutrality,
avoiding conflicts of
interest, enforceability of settlement etc.
Chapter 10- GDP Forecasting
Organization
Last Update 4 Feb 2020
2019-20 2020-21
Fitch 4.6% (20th Dec Updated)
5.6% FY- 2020-21)
UNCTAD report (Updated-26 September)
6%
RBI forecasted 5% (Updated 4 dec)
Moody (Updated- 16 December)
4.9% 6.6%
ADB 5.1% (Updated-11 December 2019)
7.2%
World Bank (Updated- 13th Oct)
5% (Updated on 9th Jan 2020)
6.9%
World Economic Outlook released by International Monetary Fund (IMF)
4.8% (Updated-20 Jan 2020)
6.5% (Updated-20 Jan 2020)
FICCI (Updated -30 May) 5% (Updated – 29 Jan 2020)
5.5%
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Organisation for Economic Co-operation and Development (OECD)
5.9% (Updated 20 September )
6.3% (Updated 20 September )
DBS Bank
6.2% (Updated-2 Sep 2019)
Goldman Sachs
7.2% (Updated-7th June 2019)
Central Statistics Office (CSO) 7.1% (Updated-30 May 2019)
7.2% (Updated-30 May 2019)
CRISIL 5.1% (Updated 3 December)
UN (United Nation) 5.7% (Updated 16 Jan 2020)
Australia and New Zealand Banking Group (ANZ)
6.2% – FY 2019 (Updated- 16 August)
6.5% (Also FY2021-6.5%)
India Ratings & Research 5% fY 2020. (Updated- 22nd January)
5.5%
Economy Survey 7%
National Council of Applied Economic Research (NCAER)
4.9% (Updated- 21 November)
S & P (2nd Oct) 6.3% 7% State Bank of India (SBI) 4.6% (update 8Jan 2020)
Chapter 11- Loan Sectioned (January)
ORGANIZATION/BANK Loan Amount PURPOSE
World Bank $88 Million The Government of India, the
Government of Assam and the World
Bank signed a loan agreement of $88
million.
Purpose: Help modernize Assam’s
passenger ferry sector that runs on its
rivers including the mighty
Brahmaputra.
World Bank USD 210 Million State of Maharashtra’s Agribusiness and Rural Transformation Project
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Chapter 12-Important MoU (January)
MoU Between Two Countries Agreements in Information &
Broadcasting sector
India and Bangladesh
MoU on Defence cooperation India and Finland The 15 agreements will provide for
cooperation in a wide range of areas
including oil and gas, mineral resources,
traditional medicine, animal husbandry,
bioenergy and trade and investment,
defence and security, trade and commerce,
agriculture, civil aviation, energy,
environment, health and innovation and
vowed to work together to conclude an
agreement to deal with international terrorism.
India and Brazil
Chapter 13- Current Affairs (January)
National
Delhi metro's Pragati Maidan station will be renamed as Supreme Court station
The Delhi government's naming committee on 1st January decided to rename Pragati
Maidan metro station as Supreme Court metro station.
Indore ranked cleanest city for 4th time in a row in govt survey
Indore city in Madhya Pradesh was ranked the cleanest city in India for the fourth time
in a row. The rankings for the cleanest cities were announced on 1st January in the Central government's cleanliness survey.
Bhopal in Madhya Pradesh was ranked second in the first-quarter results (April to June),
while Rajkot in Gujarat grabbed the second spot in second-quarter results (July-
September).
Jamshedpur in Jharkhand has bagged the first position in the category of city having a population less than 10 lakh.
Over 10 lakh population in 1st quarter (April to June):
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Rank 1- Indore (Madhya Pradesh)
Rank 2- Bhopal (Madhya Pradesh)
Rank 3- Surat (Gujarat)
Over 10 lakh population in 2nd quarter (July to September):
Rank 1- Indore (Madhya Pradesh)
Rank 2- Rajkot (Gujarat)
Rank 3- Navi Mumbai (Maharashtra)
With 1 lakh to 10 lakh population in 1st quarter (April to June):
Rank 1- Jamshedpur (Jharkhand)
Rank 2- New Delhi
With 1 lakh to 10 lakh population in 2nd quarter (July to September):
Rank 1- Jamshedpur (Jharkhand)
Rank 2- Chandrapur (Maharashtra)
Telangana Teen Malavath Poorna Scales Antarctica's Highest Peak
Malavath Poorna, who has won laurels for scaling Mount Everest thereby becoming
the youngest girl in the world to achieve the feat, has added another feather to her cap
by conquering Mt. Vinson Massif, the Antarctica continent's highest mountain peak (4,987m).
Railway Protection Force (RPF) renamed as Indian Railway Protection Force Service
The Ministry of Railway has accorded Organised Group 'A' status to Railway
Protection Force (RPF) and renamed it Indian Railway Protection Force Service. The
notice in this regard was issued by the Joint Director of Railway Board Amitabh Joshi on December 30.
Ritualistic festival ‘Lai Haraoba’ begins in Tripura
In Tripura, Lai Haraoba, a ritualistic festival observed by Manipuri meitei communities
since ancient times, began in Agartala.
Lai Haraoba is celebrated through oral literature, music, dance and rituals.
Maharashtra Govt launches ‘Cyber Safe Women’ campaign
Maharashtra Government has launched a ‘Cyber Safe Women’ initiative under which
awareness camps will be held across all the districts of the state regarding cyber
safety.
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Initiative will help in educating women about how the web is used by anti-social elements
and child predators to commit various types of crimes.
ISRO to set up second launch port in Thoothukodi district of Tamil Nadu for small satellite launch vehicles
Indian Space Research Organisation will establish a second launch port in
Thoothukodi district in Tamilnadu exclusively to launch small satellite launch vehicles.
KVIC opens first silk processing plant in Gujarat to boost Patola saree production
Khadi and Village Industries Commission (KVIC) on 3rd January inaugurated the first
silk processing plant at Surendranagar in Gujarat. This would help cut down the cost of
production of silk yarn drastically and increase the sale and availability of raw material for
Gujarati 'Patola' sarees locally.
8 states finalise action plan for agriculture export policy: Government
The government on 5th January said eight states, including Maharashtra, Uttar Pradesh,
Punjab and Karnataka, have finalised action plan for agriculture export policy which
aims to double such exports.
"The Agri Export Policy was announced last year with an objective of doubling the export
and ensuring doubling of farmers' income...Many states have nominated nodal
agency and nodal officer. Maharashtra, Uttar Pradesh, Kerala, Nagaland, Tamil Nadu,
Assam, Punjab and Karnataka have finalization of the action plan," the Ministry of Commerce and Industry.
IRDAI gives big boost to affordable health cover with mandatory 'Arogya Sanjeevani'
Policy
On January 2, the Insurance Regulatory and Development Authority of India (IRDAI)
asked health and general insurers to offer product to cover the basic health needs of
clients by offering them the minimum of Rs 1 lakh and the maximum sum-insured of Rs 5 lakh.
The 31st International Kite Festival launched in Ahmedabad
The 31st International Kite Festival was launched at the Sabarmati riverfront in Ahmedabad, Gujarat. It was inaugurated by Chief Minister Vijay Rupani.
3 of world’s 10 fastest-growing urban areas are in Kerala: Economist ranking
Three cities in Kerala feature among the fastest-growing urban areas across the
world, according to a ranking released by the Economist Intelligence Unit (EIU) survey.
The three cities — Malappuram, Kozhikode and Kollam — are the only places from India to feature in the top 10 rankings.
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Other than India, the top 10 ranking includes three cities from China and one from
Nigeria, Oman, UAE and Vietnam each.
Chenab bridge: World’s highest rail bridge by Indian Railways to connect Kashmir to rest of India by 2021
Kashmir to be connected by Indian Railways to the rest of India! By December 2021,
Kashmir will be connected to the rest of the country through the Indian Railways network
as the government has set a new deadline for completion of the world’s highest railway
bridge – Chenab bridge. The Chenab railway bridge will be 35 metres taller than the Eiffel Tower in Paris, France! According to Konkan Railways.
The bridge has been designed to withstand wind speeds of up to 260 kmph. The 1.315 km
long “engineering marvel” will link Bakkal in Katra and Kauri in Srinagar.
150th celebration of Kolkata Port Trust
On the 150th celebration of Kolkata Port Trust, Prime Minister Narendra Modi dedicated the Port Anthem at Netaji Indoor Stadium in Kolkata.
Later the Prime Minister handed over a Cheque of Rs 501 Crore towards final instalment to
meet the deficit of pension fund of retired and existing employees of the Kolkata Port Trust.
PM Modi Kolkata Port Trust renamed as Shyama Prasad Mukherjee Port
PM Narendra Modi on 12th January celebrated the 150th anniversary of the historic
Kolkata Port Trust and renamed the port after Bharatiya Jana Sangh founder Shyama Prasad Mukherjee.
Gujarat's 'Statue of Unity' included in '8 Wonders of SCO' list
The 182-meter tall Statue of Unity in Gujarat has been included in the Shanghai
Cooperation Organisation’s '8 Wonders of SCO' list. It was inaugurated by Prime
Minister Narendra Modi in October 2018 on the occasion of Sardar Vallabhbhai Patel’s 143rd birth anniversary.
Among the eight wonders
(i)Daming Palace in China
(ii) Navruz Palace in Tajikistan
(iii) Mughals Heritage in Pakistan
(iv) Tamgaly Gorge in Kazakhstan
(v) Po-i-Kalan Complex in Uzbekistan
(vi)The Golden Ring of Russia and
(vii) Kyrgyzstan's Issyk Kul.
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Republic Day: Captain Tania Shergill To Become First Woman Parade Adjutant
Captain Tania Shergill, an officer with Army's Corps of Signals, will be the first woman
parade adjutant for the Republic Day parade.
India Meteorological Department (IMD) to celebrate 145th Foundation Day
The India Meteorological Department (IMD) observed its 145th foundation day on
January 15, 2020. The day is celebrated by the Ministry of Earth Sciences.
Dr Jitendra Singh inaugurates ‘Digital Exhibition on history of Constitution of India’
The Minister of State for Development of North Eastern Region (I/C), Prime Minister’s
Office, Personnel, Public Grievances & Pensions, Atomic Energy and Space, Dr. Jitendra
Singh inaugurated the ‘Digital Exhibition on History of Constitution of India.
Odisha’s Puri District receives Swachhata Darpan Awards 2019
Puri District receives Swachhata Darpan Awards 2019. The Department of Drinking
Water and Sanitation (DDWS), Ministry of Jal Shakti, organised the ODF Sustainability
workshop here today, with a special session by Shri Aamir Khan (Actor and Founder,
Paani Foundation).
As part of the workshop, the Swachhata Darpan Awards were presented by Shri Khan to
the best performing districts on key swachhata parameters. The awardees include East
Godavari (Andhra Pradesh), West Kameng (Arunachal Pradesh), Bemtara (Chhattisgarh),
Diu (Daman and Diu), Panipat (Haryana), Vadodara (Gujarat), Kolhapur (Maharashtra), Moga (Punjab), East Sikkim (Sikkim) and Pedappali (Telangana).
Four districts – Dibrugarh (Assam), Sirmaur (Himachal Pradesh), Indore (Madhya Pradesh)
and Puri (Odisha) – were also awarded for innovations and initiatives for Plastic Waste Management.
Arunachal Pradesh signs MoU with IUCN to red List Orchids
Arunachal Pradesh has signed a memorandum of understanding (MoU) with the IUCN on 13 January in Arunachal Pradesh.
According to the MoU, the Arunachal Pradesh state government will collaborate with the
IUCN and carry out a red-list assessment of the orchids in the state.
The state has become the first state to initiate the International Union for
Conservation of Nature's (IUCN) red listing at the state level.
Prahlad Singh Patel inaugurated the exhibition on Indian Heritage in Digital Space
Union minister Culture and Tourism (Independent Charge) Prahlad Singh Patel
inaugurated the exhibition on Indian Heritage in Digital Space and First International
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Heritage Symposium at National Museum, New Delhi The exhibition will be open till 15
February 2020.
ISRO's GSAT-30 satellite successfully launched aboard Ariane rocket
India's high power communication satellite GSAT-30 was successfully launched on-board Ariane 5 rocket from French Guiana on 17th January.
Aims: Providing high-quality television, telecommunications and broadcasting services.
NITI Aayog and UT of Ladakh sign MoU to promote development in Ladakh
NITI Aayog and Union Territory of Ladakh sign MoU for Development of Infrastructure Projects in Ladakh.
Aims: NITI Aayog will be supporting the UT's administration through its key initiative
'Development Support Services to States for Infrastructure Projects (D3S-i)' . In an
important initiative to promote the development of key infrastructure sectors in the newly constituted Union Territory of Ladakh.
9th International Children's Film Festival begins in Kolkata
The 9th International Children's Film Festival begins in Kolkata on 19th January with the screening of Aizaz Khan directed Hamid.
About 250 films from 45 countries will be screened in the week-long festival. National
Award winner Children actor, Talha Arsad Rishi will inaugurate the festival.
Magh Bihu celebrated in Assam
Magh Bihu, an auspicious harvest festival, is being celebrated in Assam.
People began the day by gathering at a temple and offered prayers, recited mantras and
beat up the drums.
First edition of Krishi Manthan begins in Ahmedabad
In Gujarat, the first edition of Krishi Manthan- the largest Food, Agri-business and
Rural Development Summit of Asia organized by Indian Institute of Management, Ahmedabad began.
Aims: The students along with working professionals from Food, Agriculture and allied
sectors are getting benefited from the workshops during this summit.
'One nation, one ration card' scheme to be implemented by June 1 across India
Union Minister Ram Vilas Paswan on 20th January announced that the 'One Nation, One
Ration Card' scheme will be implemented by June 1 across the country.
Earlier on January 1, Paswan had said that this facility has been started in 12 states in the
country on the first day of the New Year.
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Andhra Pradesh Cabinet clears the Proposal for three capitals: Visakhapatnam,
Amaravati, Kurnool
The Jaganmohan Reddy government on 21st January introduced the bill in Andhra
Pradesh Assembly to have three capitals in the state. The cabinet, eariler in the
morning, had approved the three-capital proposal during its meeting at the state secretariat, chaired by CM Reddy.
PM Modi to chair 32nd interaction through PRAGATI
Prime Minister Narendra Modi will chair the 32nd interaction through PRAGATI- the
ICT-based, multi-modal platform for Pro-Active Governance and Timely
Implementation in New Delhi on 22nd January.
About PRAGATI: PRAGATI is an integrating and interactive platform aimed at addressing
the common man’s grievances. PRAGATI also helps in simultaneously monitoring and
reviewing important programmes and projects of the Centre as well as projects flagged by various State governments.
Hyderabad Metro Rail, redBus tie up for carpool services in city
In an effort to strengthen its last mile connectivity project, Hyderabad Metro Rail Limited launched a car and bike pooling service in collaboration with redBus.
Gaganyaan mission: Meet Vyommitra, the talking human robot that Isro will send to
space
Before orbiting astronauts on India's first manned mission to space in December 2021,
the Indian Space Research Organisation will send 'Vyommitra', a 'lady robot' in the unmanned Gaganyaan spacecraft.
IndianOil signs MoU with Ghana’s National Petroleum Authority
IndianOil has signed an MoU with Ghana’s National Petroleum Authority (NPA) to
offer assistance and technical expertise to the country in implementing its National LPG
Promotion Policy.
France to train Indian flight surgeons for Gaganyaan mission
France will train Indian flight surgeons to enable them to monitor the health of astronauts selected for the ambitious human space mission Gaganyaan.
Dr Jitendra Singh inaugurates India’s first global Mega Science Exhibition “Vigyan Samagam” in Delhi
The Union Minister of State (I/C) Ministry of Development of North Eastern Region, MoS
PMO, Personnel, Public Grievances and Pensions, Atomic Energy and Space, Dr Jitendra
Singh said that three-tier teams should be set up for scientific research involving older and
younger generations, so that continuity can be maintained in research work.
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India's First War Memorial for Animals in Meerut
Meerut city in Uttar Pradesh will be host to India’s first war memorial for service
animals including dogs, horses and mules. This place will dedicate itself to the
contributions and heroics of animals who have helped the army in counter-insurgency
operations in Kashmir and in the battlefield during the Kargil War.
Srinagar declared Open Defecation Free
Mayor of Srinagar Junaid Azim Mattu on 22nd January said that Srinagar has joined the
list of 'Open Defecation Free' cities.
"Srinagar receives its Swachhata Certificate from Ministry of Housing and Urban Affairs,
Central Government and joins the list of cities that are now "OPEN DEFECATION FREE".
Another achievement after Srinagar gets 45th Rank in Cleanest Cities in the country.
Prime Minister to address 3rd Global Potato Conclave
Prime Minister Narendra Modi shall be addressing the 3rd Global Potato Conclave at
Gandhinagar. Prime Minister is expected to take an overall view of the achievements and
opportunities in the area of potato research, trade and industry, and value chain
management and set a roadmap for the decade. The present conclave is the third in the series.
last two decades two Global Potato Conferences were organized during 1999, and
2008.
India celebrates 71st Republic Day
India marked its 71st Republic Day on 26th January 2020 with a parade showcasing
some of its newly acquired capabilities and military hardware, both homegrown and like
the anti-satellite missile as well as bought from abroad like US made heavy lift Chinook and
the anti-tank attack Apache helicopters.
The ceremony that lasted one and a half hours, was witnessed by Prime Minister Narendra
Modi and the chief guest of this year’s parade, Brazilian president Jair Messias Bolsonaro as President of India, Ram Nath Kovind took the salute.
'Bharat Parv 2020' begins at Red Fort to celebrate spirit of India
Bharat Parv 2020, a festival to celebrate the spirit of India has begun at Red Fort
ground in New Delhi. It will continue till 31st of this month (26th to 31st January).
Ganga Yatra under Namami Gange mission begins from Bijnor
UP Chief Minister Yogi Adityanath, Uttarakhand CM Trivendra Singh Rawat and Union
Minister Sanjeev Baliyan will launch the yatra from Bijnor, a place where Ganga enters Uttar Pradesh.
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Eight Union ministers and many UP ministers, incharge of the districts the yatra will pass
through, will also participate.
Piyush Goyal target Railways to run 100% on electricity by 2024
Commerce and industry, and railways minister Piyush Goyal on 27th January said the
entire network of the Indian Railways will run on electricity by 2024 and become a net-
zero emission network by 2030.
Indian Railways commissions first Waste to Energy Plant in Bhubaneswar
Indian Railways has commissioned country’s first governmental Waste to Energy
Plant, having capacity of 500 Kg waste per day, in Mancheswar Carriage Repair
Workshop at Bhubaneswar in East Coast Railway.
This Waste to Energy Plant, a patented technology called POLYCRACK, is first-of-its-kind in Indian Railways and fourth in India.
Mumbai gets India's first 'walk-through' aviary at Byculla Zoo
Maharashtra Chief Minister Uddhav Thackeray inaugurated the country's first and
biggest 'walk-through' aviary at the Veermata Jijabai Bhosale Udyan and Zoo, as part of the Republic Day festivities, here on 26th January.
World’s biggest meditation centre in Hyderabad
75th anniversary of the formation of Shri Ram Chandra Mission (SRCMIN) and
Heartfulness Institute, a magnificent meditation centre slated to be the world's largest has
been inaugurated in Nandigama mandal, Rangareddy district on 28th January.
Oxford Hindi Word of the Year 2019 is Samvidhaan
The Oxford Hindi Word of the Year is a word or expression that has attracted a great
deal of attention and reflects the ethos, mood, or preoccupations of the past year. Samvidhaan is the Hindi translation for the word ‘Constitution’.
Bengaluru has the worst traffic in the world
Bengaluru is the world's most traffic congested city. According to a report by
TomTom, the Netherlands-based global provider of navigation, traffic and map
products, India’s startup hub beat 415 other cities across 57 countries to earn the title in 2019.
Telangana tops country in sustainable growth goals: UN Development Programme
Telangana has emerged as the best performing state in promoting inclusive and
sustainable economic growth and decent work for all on Sustainable Development
Goals (SDG) India Index 2019, according to United Nations Development Programme (UNDP) India.
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Nagoba Jatara festival celebrated in Telangana
Nagoba Jatara is a tribal festival held in Keslapur village, Inderavelly Mandal Adilabad
district, Telangana, India. It is the second biggest tribal carnival and celebrated by Mesaram clan of Gond tribes for 10 days.
International
Russia's prime minister resigns after Putin suggest constitutional amendments to
boost power
President Vladimir Putin accepted the resignation of his prime minister on 15th
January after proposing constitutional amendments that could herald his intention to
carve out a position that would let him stay at Russia's helm after his presidency
ends.
Russian Prime Minister Dmitry Medvedev, who served as a placeholder president in 2008-
2012 to allow Putin to observe term limits, said in televised comments that he needed to
resign in light of his mentor's proposed changes in government.
Putin thanked Medvedev for his work and appointed him as the deputy head of the presidential Security Council.
PM Modi, Nepal PM KP Sharma Oli to jointly inaugurate Jogbani-Biratnagar check post
Prime Minister Narendra Modi and his Nepali counterpart KP Sharma Oli will on 21st
January jointly inaugurate the second Integrated Check Post (ICP) at Jogbani-Biratnagar, built with Indian assistance to facilitate trade and people's movement.
WHO declares China virus outbreak an international emergency
World Health Organization has declared an international emergency over the novel coronavirus from China.
• Swine flu in 2009
• Polio in 2014
• Ebola in 2014
• Zika in 2016
• Ebola in 2019
Cyclone Tino hits Fiji
Tropical Cyclone Tino strengthened to a Category Three storm on 19th January as it
closed in on Tonga after battering Fiji where two people were missing and more than 3,000 fled to emergency shelters.
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UAE has been declared ‘reciprocating territory’ by India
Ministry of Law and Justice issued an Extraordinary Gazette Notification, declaring the
United Arab Emirates to be a “reciprocating territory” under Section 44A of the Civil
Procedure Code, 1908. The notification also declared a list of courts in the UAE to be
“superior Courts” under the same section.
What is a ‘reciprocating territory’?-Essentially, orders passed by certain designated
courts from a ‘reciprocating territory’ can be implemented in India, by filing a copy of the
decree concerned in a District Court here.
India opens its first Mahatma Gandhi convention centre in Niger
External Affairs Minister S. Jaishankar and President of Niger Mahamadou Issoufou
on 22nd January jointly inaugurated the first convention centre established in Africa by
India to honour the memory of Mahatma Gandhi.
Chapter 14- Banking and Financial (January)
India extends USD 75 mn line of credit for solar parks in Cuba
India has extended a line of credit of USD 75 million (over Rs 500 crore) to Cuba for
financing solar parks. An agreement signed between Export-Import Bank of India (Exim
Bank) and Banco Exterior De Cuba in July last year came into effect from December 12.
Shivalik Mercantile receives approval to become Small Finance Bank
The Reserve Bank of India (RBI) coming up with its draft guidelines on urban cooperative
bank (UCB) asking them to lent 75 per cent of their portfolio towards priority sector,
Uttar Pradesh based multi-state Shivalik Mercantile Co-operative Bank Ltd received
an in principle approval for becoming a small finance banks.
Two Indian banks to cease operations in Sri Lanka
The Central Bank of Sri Lanka has permitted Indian private sector lenders Axis Bank
and ICICI Bank to close their operations in the island nation.
This follows requests by their parent banks. The licenses issued to them will be cancelled once the winding-up operations are complete.
Zero-Budget Natural Farming: Andhra Pradesh govt inks Rs 711 cr loan pact with German bank
KfW, a German development bank, will assist the Andhra Pradesh government with a
Rs 711 crore loan for expanding the climate-resilient Zero-Budget Natural Farming (ZBNF) in the state over the next five years.
The state government will spend another Rs 304 crore on the project under which 2.39 lakh farmers in 591 village panchayats will be encouraged to take up ZBNF
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Purpose: The ZBNF project is being undertaken by the state government, dovetailing the
Rastriya Krishi Vikas Yojana (RKVY) and Paramparagat Krishi Vikas Yojana (PKVY) of the Centre, with the Azim Premji Philanthropic Initiatives extending technical support.
Indian economy likely to grow to $7 trillion by 2030: Deutsche Bank
India’s economy is likely to grow two and half times to $7 trillion by 2030, from
about $3 trillion now, making India the world’s third largest economy. This implies that
nominal GDP growth is likely to average just over 10% through the next decade, Deutsche
Bank said in a research report, Imagine 2030.
RBI releases national strategy for financial inclusion for 5-year period (2019-2024)
The Reserve Bank of India (RBI) under the aegis of Financial Inclusion Advisory Committee
(FIAC) has set up a 5-year plan of formulation of National Strategy for Financial Inclusion
(NSFI) for the period 2019-2024. This has been done keeping in view the global trend of
financial inclusion which acts as a key driver of economic growth.
The NSFI sets forth the vision and key objectives of the Financial Inclusion policies in India
to expand the reach and sustain the efforts through a broad convergence of action involving all the stakeholders in the financial sector.
NSFI enlists 6 visions:
*Universal Access to Financial Services
*Providing Basic Bouquet of Financial Services
*Access to Livelihood and Skill Development
*Financial Literacy and Education
*Customer Protection and Grievance Redressal
*Effective Co-ordination
The document highlights the major issues that act as impediments to financial inclusion
and comes up with a set of recommendations and action plans to support sustainable
financial inclusion over the next 5 years.
ICICI Bank Introduces Cardless Cash Withdrawal Facility Through ATMs, Per Day Limit at Rs 20K
ICICI Bank on 21st January launched cardless cash withdrawal facility from its ATMs
with a per day transaction limit of Rs 20,000.
This service enables customers to withdraw cash from over 15,000 ATMs of the bank by
simply raising a request on iMobile, its mobile banking application.
Exim Bank extends USD 35.80 mn line of credit to Suriname for rural electrification
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The Export-Import Bank of India (Exim Bank) on 22nd Janaury it has extended USD
35.80 million (about Rs 250 crore) line of credit to Suriname government to fund the country's rural electrification programme.
The line of credit (LOC) is meant for financing rural electrification through solar DG hybrid
PV systems in 50 remote villages of Suriname.
With the latest round of funding, the Indian government has till date extended nine LOCs to Suriname, totalling USD 124.98 million (about Rs 890 crore).
The projects covered under LOCs extended to Suriname include power, water supply, purchase of helicopters and upgradation of milk processing plant.
Vodafone m-pesa's certificate of authorisation cancelled by RBI
The Reserve Bank of India on Tuesday cancelled the Certificate of Authorisation (CoA) of Vodafone m-pesa after its voluntary surrender of authorisation.
The company henceforth cannot transact business of issuance and operation of Prepaid
payment Instruments.
Customers or merchants having a valid claim on the company as a PSO, can approach
the company till September 30, 2022, for settlement of their claims within three years
from the date of cancellation.
"The Reserve Bank of India, in exercise of the powers conferred on it under the Payment
and Settlement Systems Act, 2007, has cancelled the Certificate of Authorisation
(CoA) of the below mentioned Payment System Operator (PSO) on account of voluntary
surrender of authorization.
New India Co-operative Bank shareholders approve conversion to small finance bank
The New India Co-operative Bank (NICB) on 22nd January said its shareholders have decided to convert it into a small finance bank.
Reason: The move comes after a slew of regulatory changes by the RBI following the Rs
4,500-crore PMC Bank fraud and to ensure better regulation of such lenders which are
heavily influenced by regional political heavyweights.
RBI raises short-term FPI debt investment limit to 30% from 20% to boost inflows
In a move that could lead to higher foreign inflows, the Reserve Bank of India (RBI) has
hiked the short-term investments by foreign portfolio investors (FPIs) from 20 per cent
to 30 per cent of the total FPI investment in Central government securities (including Treasury Bills) or state development loans.
India-Brazil set target of USD 15 billion trade by 2022
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The visit of the President of the Federative Republic of Brazil, Jair Bolsonaro, is a sign
of the growing importance of the India – Brazil bilateral partnership said Union Minister of Commerce and Industry & Railways, Piyush Goyal.
RBI fines HDFC Bank ₹1 crore for non-compliance of KYC norms
The Reserve Bank of India (RBI) on 29th January it has imposed a penalty of ₹1 crore
on HDFC Bank for non-compliance with its know your customer (KYC) norms.
Google Announces $1 Million Grant for Promoting News Literacy in India
Google on 29th January announced a $1 million grant for global non-profit
organisation Internews that will launch a new initiative to promote news literacy
among the Indian public.
Chapter 15-Defence News (January)
India successfully test-fires K-4 ballistic missile
India has successfully test-fired a 3,500 kilometer range nuclear capable missile that can be launched from a submarine.
The test of the K-4 ballistic missile was conducted off the Vizag coast in Andhra
Pradesh on 19th January. With this test, India has moved one more step towards the
induction of this ballistic missile on the INS Arihant class of nuclear submarines. The missile was developed by Defence Research and Development Organisation (DRDO).
Indian Navy Signs MoU for offshore Data with Geological Survey of India
Indian Navy has signed a Memorandum of Understanding (MoU) with Geological
Survey of India (GSI) for ‘Sharing of seabed sediments data, products and expertise for
Naval Application in Meteorology and Oceanography’.
Indian Navy Launches 'Operation Vanilla' to Provide Humanitarian Assistance and Disaster Relief at Madagascar
Indian Navy Ship Airavat, whilst mission deployed in the Southern Indian Ocean has
been diverted to Antsiranana based on request recieved from Madagascar.
The ship will undertake Humanitarian Assistance and Disaster Relief mission as part of
'Operation Vanilla' which has been launched to provide assistance to the affected population of Madagascar post devastation caused by Cyclone Diane.
Assam Rifles builds war memorial in Nagaland for 357 martyrs
The Assam Rifles has constructed a combined war memorial in Nagaland for the 357
Army and Assam Rifles personnel killed while fighting insurgency in the northeastern
state.
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The memorial has been built at Mokokchung, which is also the cultural and intellectual
centre of Nagaland.
Military Exercise Countries Purpose
‘Naseem-Al-Bahr’ India and Oman Two ships of the Royal
Navy of Oman (RNO)
arrived in Goa on 5th
January to participate in the
12th edition of the Indo-
Oman bilateral naval
exercise 'Naseem-Al-Bahr'.
‘Milan 2020’ Indian Navel "The Naval Exercise
‘MILAN 2020’ is scheduled
to be held at
Visakhapatnam in March
2020 in which 41 countries
have been invited.
Purpose: India aims to
conduct a unique naval
exercise for which an
invitation has been extended
to 41 countries who are otherwise unlikely partners.
‘Sahyog Kaijin’ Indo-Japan Japan Coast Guard’s ship
‘Echigo’ arrived in Chennai
on 13th January as part of the
annual joint exercises with
the Indian Coast Guard. The
five-day event ‘Sahyog
Kaijin’ will begin on January
16. Apart from Echigo, four
ICG ships, a JCG aircraft and
a vessel from the National
Institute of Ocean
Technology participate in
the exercise.
'SAMPRITI-IX' India-Bangladesh The ninth edition of joint
military training exercise
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between India-Bangladesh
-- SAMPRITI-IX will be
conducted at Umroi,
Meghalaya from February 3 to February 16.
Aims: The training will
culminate with a final
validation exercise in which
troops of both armies will
jointly practice a Counter-
Terrorist Operation in a
controlled and simulated environment.
Chapter 16- Sports News (January)
U-19 World Cup hero Kalra suspended for 1 year from Ranji Trophy for “age-fraud”
Young left-handed opener Manjot Kalra, who scored a hundred in the final of the last
edition of U-19 World Cup, has been suspended by outgoing DDCA Ombudsman for
one year from playing Ranji Trophy, for an alleged age-fraud during his U-16 and U-19
days.
Saurabh Chaudhary wins gold in men's 10 m air pistol at 63rd National Shooting C'ship
Ace shooter Saurabh Chaudhary has won the men's 10 metres air pistol gold at the
63rd National Shooting Championship in Bhopal. The 17-year-old from Uttar Pradesh
shot a classy 246.4 to finish on top.
India’s Magesh Chandran lifts Hastings International chess title
India’s P. Magesh Chandran remained unbeaten in nine rounds to win the title in the
95th edition of the prestigious Hastings International Chess Congress in Hastings,
England.
Weightlifter Sarbjeet Kaur banned for four years for doping violation
Weightlifter Sarbjeet Kaur has been slapped with a four-year ban for doping by the
National Anti-Doping Agency (NADA).
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The sample of Sarbjeet, who won the 71kg event at the women's national weightlifting
championships in February 2018, was collected during 34th Women Senior National Weightlifting Championship held at Vishakhapatnam.
Ladakh won 7th National Ice Hockey Championship Women trophy
Ladakh on 5th January lifted the 7th National Ice Hockey Championship Women trophy.
The match was held at the Karzoo Ice Hockey Rink here.
The tournament was organised by the Ice Hockey Association of India (IHAI) in association
with the Ladakh winter sports club. Four women teams representing Chandigarh, Delhi, Maharashtra, and Ladakh participated in the tournament.
Playing in the final match, Ladakh won the tournament by scoring 2 goals against the
lone goalscored by Delhi.
India finishes 2019 as No. 1 shooting nation in world
India finished the year as the top shooting nation in the world, leapfrogging Olympic
heavyweights China and the USA.
India leads the standings with 30 medals with 21 gold, six silver and three bronze
overall, China is second with 11 gold, 15 silver and 18 bronze for a total of 44 podium
finishes. The USA is placed third with 15 medals (six gold six silver and three bronze).
Djokovic beats Nadal in ATP Cup final
Novak Djokovic helped seal victory for Serbia in the inaugural ATP Cup team event
after defeating his long-term Spanish rival Rafael Nadal in singles on 12th January before going on to play a pivotal role in the deciding doubles match.
Kento Momoto (Japan) beats Axelsen to lift Malaysia Masters 2020 Badminton title
World number one Kento Momota won the Malaysia Masters after easily defeating Denmark's Viktor Axelsen 24-22, 21-11 on 12th January .
ICC Awards 2019: On Overview
Award Name
ODI Player of the Year Rohit Sharma
Spirit of Cricket Award Virat Kohli
T20I Performance of the Year Deepak Chahar
ICC Player of the Year England all-rounder Ben Stokes
Test Player of the Year Australia fast bowler Pat Cummins
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Emerging Cricketer of the Year Australia’s Marnus Labuschagne
Associate Cricketer of the Year Scotland’s Kyle Coetzer
2019 Umpire of the Year Richard Illingworth
ICC ODI Team of the Year 2019 Jonny Bairstow, Rohit Sharma, ,
Virat Kohli (c), Joe Root, Jos Buttler,
Ross Taylor, Ben Stokes, Mustafizur
Rahman, Rashid Khan, Kuldeep
Yadav, Jasprit Bumrah.
ICC Test Team of the Year 2019 Mayank Agarwal, Tom Latham,
Marnus Labuschagne, Virat Kohli
(c), Steven Smith, Ben Stokes, BJ
Watling, Pat Cummins, Mitchell Starc, Neil Wagner, Nathan Lyon.
ICC U-19 World Cup Cricket begins in South Africa
The ICC Under-19 World Cup Cricket begins in South Africa on 17th January. Indian
team, under the captaincy of Priyam Garg, will look to defend the title when it begins its
campaign against Sri Lanka at the Oval, Bloemfontein, on 19th January.
Sania Mirza wins WTA doubles title in Hobart
In a stunning comeback after a 2-year-long maternity break from tennis, Sania Mirza won
the WTA Hobart International doubles title along with her partner Nadiia Kichenok on
18th January.
Bahadurpur and Kheri Viran to become India's first model sports villages
Bahadurpur and Kheri Viran are set to become India's first 'Model Sports Villages' as
part of Institute of Management Technology (IMT) Ghaziabad's plan to evolve a sports
culture in the country.
Under the 'Adarsh Khel Gram' program, IMT in association with NGO 'Sports: A Way of Life', will evolve sports culture and increase sports literacy in the twin villages.
India beat Pakistan to won Diplomat Cup Cricket Championship
The team of the Indian Consulate in Dubai on 18th January defeated the team of the
Pakistan Consulate to lift the Diplomat Cup Cricket Championship of 2020.
Apurvi Chandela, Divyansh Panwar win gold medals in 10 m air rifle events
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Olympic quota winners Apurvi Chandela and Divyansh Singh Panwar started the year
with a bang by bagging gold medals in the women and men’s 10m air rifle events respectively at the Meyton Cup in Innsbruck, Austria.
World Archery lifts suspension on India
The World Archery on 23rd January conditionally lifted the suspension on India, less
than a week after the embattled national federation held its elections.
Khelo india youth games 2020 held in Guwahati, Assam
The 3rd Khelo India Youth Games (KIYG) 2020 was held at Karmabir Nabin Chandra
Bordoloi Indoor Stadium in Guwahati, Assam.
Rank State Gold
Medal
Silver
Medal
Bronze
Medal
Medal
Tally
1 Maharashtra 78 77 101 256
2 Haryana 68 60 72 200
3 Delhi 39 36 47 122
India won 7 medals in UWW Matteo Pellicone Ranking Series 2020 held in Rome,
Italy
The Indian wrestling team has clinched 7 medals (4 gold, 2 silver, and a bronze) in
the 1st UWW (United World Wrestling) Matteo Pellicone Rome Ranking Series 2020 held from January 15 – 18, 2020 in the Italian Capital, Rome.
Winner Category Medal
Bajrang Punia 65kg freestyle Gold
Ravi Kumar Dahiya 61kg freestyle Gold
Vinesh Phogat 53kg Gold
Gurpreet Singh 82kg -Greco-roman Gold
Anshu Malik 57kg Silver
Sunil Kumar 97kg Silver
Sajan Bhanwal 77 kg Bronze
Rowing Federation of India lifts Dattu Bhokanal ban
Dattu Bhokanal’s two-year suspension on charges of tanking a race during the 2018
Asian Games was on 23rd January lifted by the Rowing Federation of India (RFI), after the intervention of Indian Olympic Association (IOA) president Narinder Batra.
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Nethra Kumanan becomes first Indian woman sailor to win World Cup medal
Chennai’s Nethra Kumanan clinched a bronze medal in the Sailing World Cup to
become the first woman from the country to achieve the feat. Participating in the
Hempel World Series in Miami, Unites States of America, Nethra won bronze in round two
of the tournament to create history.
Esow Alben bags gold at Six Day Berlin cycling tournament
Indian cyclist Esow Alben has bagged a gold in the men’s Keirin individual event of the
Six Day Berlin Tournament here.
Chapter 17-Books/ Author (January)
Books Author
“Human Dignity– A purpose in perpetuity”
Former Union minister Ashwini Kumar's
book Human Dignity—A purpose in
perpetuity in New Delhi.
launched by Manmohan Singh
‘The Winning Sixer’ ‘The Winning Sixer’, released formally by
Anil Kumble, WV Raman has drawn on his
own experiences, and those of other
athletes, to derive leadership lessons from sport.
‘Karmayoddha Granth’ Union Home Minister Amit Shah released
the book 'Karmyodha Granth', written on
the life of Prime Minister Narendra Modi.
Chapter 18- Important Day (January)
Dates Day Theme/Important
1st January Global Family day
4th January World Braille Day
9th January Pravasi Bharatiya Divas (NRI Day) Celebration of the Pravasi
Bharatiya Divas because on this
day in 1915, Mahatma Gandhi.
10th January World Hindi Day
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12th January National Youth Day Birthday of Swami
Vivekananda
Theme: “Channelizing Youth Power for Nation Building”.
14 January Fourth Armed Forces Veterans Day
Respect and recognition of the
services rendered by Filed
Marshal KM Cariappa OBE.
15th January 72nd Army Day
19th January National Immunization Day Aim: NO POLIO
24th January National Girl Child Day
24th January International Day of Education “Learning for people, planet,
prosperity and peace”.
25th January National Voters' Day ”Electoral Literacy for Stronger
Democracy”.
26th January International Customs Day
30th January World Leprosy Day 2020
30th January Martyrs’ Day Mahatma Gandhi's Martyrdom day
Chapter 19- Obituary (January)
Persons About
T N Chaturvedi Former Karnataka Governor and Padma Vibhushan awardee
Kamal Bahadur Singh A member of the country's first Lok Sabha constituted in 1952
Akbar Padamsee One of India's best known artists
Sultan Qaboos Arab world's longest-serving ruler
Manmohan Mohapatra 'Father of New Wave Odia Cinema'
Bapu Nadkarni Former India all-rounder
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Man Mohan Sood Former Test Batsman
Kobe Bryant National Basketball Association (NBA)
legend died on 26th January in a helicopter crash in suburban Los Angeles.
Jameela Malik Actor of Malayalam, Tamil and Telugu
Vinay Sinha Filmmaker Vinay Sinha, best known for
producing cult comedy "Andaz Apna Apna".
Sunita Chandra Former Indian women’s hockey captain,
Tushar Kanjilal Eminent social worker, environmentalist,
educationist and writer
Chapter 20- Budget 2020
Most Important Point
• 16-point guide to make India an aspirational economy
• भारत को एक आकाांक्षात्मक अर्थव्यवस्र्ा बनाने के लिए 16 सूत्री मार्गदर्शगका
• Central govt’s debt has come down to 48.7% in March 2019 from 52.2% in
March 2014
• मार्ग 2019 में कें द्रीय सरकार का ऋण मार्थ 2014 में 52.7% से घटकर 48.7% हो गया है
• FM announces Rs 99,300 crore outlay for education sector in 2020-21 and Rs
3,000 crore for skill development
• एफएम ने 2020-21
में र्शक्षा के्षत्र के र्िए 99,300 करोड़ रुपये और कौशि र्िकास के र्िए 3,000 करोड़ रुपये
की घोषणा की
• Govt proposes Rs 27,300 crore for development of industry and commence for
year 2020-21
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• सरकार ने उद्योर् के लवकास के लिए 27,300 करोड़ रुपये का प्रस्ताव रखा और िर्ग 2020-
21 के र्िए शुरू र्कया
• FM announces Rs 20,000 crore for the renewable energy sector(Most
Important)
• एफएम ने अक्षय ऊर्ाग के्षत्र के लिए 20,000 करोड़ रुपये की घोषणा की
• An allocation of Rs 8,000 crore for National Mission on Quantum Computing
and Technology(Most Important)
• क्ाांटम कम्प्यूर्टांर् और प्रौद्योर्र्की पर राष्ट्र ीय र्मशन के लिए 8,000 करोड़ रुपये का आिांटन
• Bharat Net: Rs 6000 crore boost for internet connectivity(Most Important)
• Fibre to Home connections under Bharat Net will be provided to 1 lakh gram
panchayats this year itself, 6000 crore rupees provided for Bharat Net.
• भारत नेट: इांटरनेट कनेक्टिर्िटी के लिए 6000 करोड़ रुपये का प्रोत्साहन
• भारत नेट के तहत फाइबर टू होम कनेक्शन इस साि 1 िाख ग्राम पांर्ायतो ां को प्रदान लकया
जाएगा, भारत नेट के लिए 6000 करोड़ रुपये प्रदान र्कए र्ए हैं।
• Government allocates Rs 1.7 trillion for transport sector overall(Most
Important)
• सरकार कुि लमिाकर पररिहन के्षत्र के लिए 1.7 र्टर र्ियन रुपये का आवांटन करती है
• Enhance allocation of Rs 9500 crores for senior citizens and ‘Divyang’(Most
Important)
• िररष्ठ नार्ररको ां और ‘र्दव्ाांर्‘ के लिए 9500 करोड़ रुपये का आवांटन
• 5 archaeological sites to be developed with on-site museums(Most Important)
o Rakhigarhi, Haryana.
o Hastinapur, Uttar Pradesh.
o Sivasagar, Assam.
o Dholavira, Gujarat.
o Adichanallur, Tamil Nadu
5 पुराताक्टिक स्थिो ां को साइट पर सांग्रहाियो ां के सार् लवकलसत लकया जाना है
o राखीगढी, हररयाणा।
o हस्तस्तनापुर, उत्तर प्रदेश।
o लशवसागर, असम।
o धोिावीरा, गुजरात।
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o आलदर्नलू्लर, तलमिनाडु
• FM proposes budget provision of Rs 85,000 crore in 2020-21 for welfare of
SC and other backward classes (Most Important)
• एफएम ने अनुसूर्र्त र्ार्त और अन्य र्पछडे़ िर्ों के कल्याण के लिए 2020-
21 में 85,000 करोड़ रुपये के बर्ट प्रावधान का प्रस्ताव लकया
• Govt proposes Rs 53,700 crore for development and welfare of Scheduled
Tribes (Most Important)
• अनुसूर्र्त र्नर्ार्तयो ां के र्िकास और कल्याण के लिए सरकार 53,700 करोड़ रुपये का
प्रस्ताव करती है
• 23,150 crore for cultural ministry (Most Important)
• साांसृ्कर्तक मांत्रािय के लिए 23,150 करोड़
• Tourism promotion, Rs. 2,500 crore allocated (Most Important)
• पयगटन प्रोत्साहन, रु 2,500 करोड़ आिांर्टत
• Allocation of Rs 30,757 crores for 2020-21 for Jammu and Kashmir and Rs
5,958 crores for Ladakh(Most Important)
• र्मू्म–कश्मीर के लिए 2020-21 के
लिए 30,757 करोड़ रुपये और िद्दाख के र्िए 5,958 करोड़ रुपये का आिांटन
• Your money becomes safer: Insurance cover increased to Rs 5 lakh per
depositor (Most Important)
• आपका पैसा सुरर्क्षत हो जाता है: बीमा किर बढ़कर 5 िाख रुपये प्रर्त र्माकताग हो गया
• Rs 100 crore allotted to prepare for hosting G20 presidency in 2022 (Most
Important)
• 2022 में र्ी 20 पे्रर्सडेंसी की मेर्बानी के लिए तैयार करने के लिए 100 करोड़ रुपये आिांर्टत
• FY21 divestment target pegged at Rs 2.1 lakh crore(Most Important)
• र्ित्त िर्ग 2021 का िक्ष्य 2.1 िाख करोड़ रुपये है
• FY 20 fiscal deficit revised to 3.8%, from the much touted 3.3%. (Most
Important)
• र्ित्त िर्ग 20 रार्कोर्ीय घाटा बढ़कर 3.8% हो गया, जो लक 3.3% था।
• Those earning up to Rs 5 lakhs are exempt from paying taxes(Most Important)
• 5 िाख रुपये तक की आय वािोां को कर रु्काने की छूट है
• 10% tax for everyone earning Rs 5-7.5 lakh against the current 20%(Most
Important)
• मौरू्दा 20% के मुकाबिे 5-7.5 िाख रुपये कमाने वािे सभी के लिए 10% कर
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• 15% tax for everyone earning Rs 7.5- 10 lakhs against current 20%(Most
Important)
• मौरू्दा 20% के मुकाबिे 7.5- 10 िाख रुपये कमाने वािे सभी के लिए 15% कर
• 20% tax for everyone earning Rs 10-12.5 lakhs against current 30%(Most
Important)
• मौरू्दा 30% के मुकाबिे 10-12.5 िाख रुपये कमाने िािे सभी के र्िए 20% कर
• 25% tax for everyone earning Rs 12.5-15 lakhs against the current 30%(Most
Important)
• मौरू्दा 30% के मुकाबिे 12.5-15 िाख रुपये कमाने वािे सभी के लिए 25% कर
• Those earning more than Rs 15 lakhs get no exemptions(Most Important)
• 15 िाख रुपये से अर्िक कमाने िािो ां को कोई छूट नही ां र्मिI
• Additional Rs 1.5 lakh tax benefit on affordable housing loans (Important)
• र्कफायती आिास ऋण पर अर्तररक्त 1.5 िाख कर िाभ
• Rs 40,000 cr per annum will be revenue foregone from new income tax
rates for individuals(Most Important)
• व्क्टक्तयोां के लिए 40,000 करोड़ रुपये प्रर्त िर्ग नई आयकर दरोां से रार्स्व का िाभ होर्ा
• Plan to hike FPI limit in corporate bonds to 15% from 9%: FM Nirmala
Sitharaman(Most Important)
• कॉपोरेट बॉन्ड में FPI की सीमा को 9% से बढ़ाकर 15% करने की योर्ना:
FM र्नमगिा सीतारमण
• Govt proposes 100 per cent tax concession to sovereign wealth funds on
investment in infra projects (Most Important)
• सरकार ने इन्फ्रा पररयोर्नाओां में लनवेश पर सांप्रभु िन र्नर्ि के
लिए 100 प्रर्तशत कर ररयायत का प्रस्ताव लकया है
• Rs 69,000 crores for allocated for the healthcare sector (Most
Important)
• हेल्थकेयर सेिर के लिए आवांलटत करने के लिए 69,000 करोड़ रुपये
• Agri credit target for the year 2020-21 has been set at 15 lakh crore
rupees(Most Important)
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•
Important Point
• िर्ग 2020-21 के लिए कृर्र् ऋण िक्ष्य 15 िाख करोड़ रुपये लनधाथररत लकया गया है
• Indian Railways to set up a ‘Kisan Rail’ through Public-Private
Partnership(Important)
• FDI in India rises to $284 billion during 2014-19(Important)
• 2014-19 के दौरान भारत में FDI बढ़कर 284 र्बर्ियन डॉिर हो गया
• What the doctor ordered: Govt to expand Mission Indradhanush, add
hospitals to Ayushman Bharat(Important)
• डॉक्टर ने क्या आदेश लदया: र्मशन इन्द्रिनुर् का लवस्तार करने के लिए, आयुष्मान भारत में
अस्पतािोां को जोड़ना
• Allocation for Swachh Bharat for 2020-21 stands at Rs 12,300
crore(Important)
• 2020-21 के र्िए स्वच्छ भारत के लिए आवांटन 12,300 करोड़ रुपये है
• Govt proposes Rs 3.6 lakh crore towards piped water supply to
households(Important)
• सरकार ने घरो ां में पाइप र्िापूर्तग के लिए 3.6 िाख करोड़ रुपये का प्रस्ताव रखा है
• सरकार ने राष्ट्र ीय पुर्िस र्िश्वर्िद्यािय और राष्ट्र ीय फोरें र्सक र्िश्वर्िद्यािय का प्रस्ताव रखा
• Rs 1,480 cr for National Textile Mission(Important)
• राष्ट्र ीय िस्त्र र्मशन के लिए 1,480 करोड़ रु
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• National Infra Pipeline envisions ease of living for each and every citizen.
National logistics policy to be out soon, accelerated highway developement. 12
lots of highway bundles to be monetised by 2024.(Important)
• राष्ट्र ीय इन्फ्रा पाइपिाइन के प्रते्यक और हर नागररक के लिए जीवनयापन में आसानी होती है।
राष्ट्र ीय रसद नीलत जल्द ही समाप्त होगी, राजमागथ के लवकास में तेजी
आएगी। 2024 तक 12 रार्मार्ग रार्मार्ों का मुद्रीकरण र्कया र्ाएर्ा।
• 100 more airports to be developed by 2025(Important)
• 2025 तक 100 और हिाई अडे्ड र्िकर्सत लकए जाने हैं
• Nirmala Sitharaman has a Rs 4,400 cr solution to fix Delhi’s pollution
(Important)
• लनमथिा सीतारमण के पास र्दल्ली के प्रदूर्ण को ठीक करने के
लिए 4,400 करोड़ रुपए का हि है
• National gas grid to be expanded from 16,200 km to 27,000 km (Important)
• राष्ट्र ीय रै्स र्ग्रड का लवस्तार 16,200 र्कमी से 27,000 र्कमी तक लकया जाना है
• We’ll soon implement a policy to enable private sector to build data centric
pub
• FY21 fiscal deficit target pegged at 3.5% of GDP (Important)
• FY21 रार्कोर्ीय घाटे का िक्ष्य सकि घरेिू उत्पाद का 3.5% है
• Nominal GDP growth for FY21 revised to 10% (Important)
• र्ित्त िर्ग 2021 के लिए मामूिी र्ीडीपी िृक्टि 10% तक सांशोलधत
• Lowest in the world: Corporate tax for existing companies slashed to
22% (Important)
• दुर्नया में सबसे कम: मौरू्दा कां पर्नयो ां के लिए कॉपोरेट टैक्स 22% तक घटा
One time Read Point
• Budget proposes ‘comprehensive measures’ for 100 water-stressed
districts across India
• बजट में भारत भर में 100 र्ि–तनािग्रस्त र्र्िो ां के लिए ‘व्यापक उपायोां’ का प्रस्ताव है
• We have insured 6.11 crore farmers under Pradhan Mantri Fasal Bima Yojna:
FM
• हमने प्रधानमांत्री कृलष बीमा योजना: एफएम के तहत 6.11 करोड़ र्कसानो ां का बीमा लकया है
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• Fish production to be raised to 20 mn tonnes: FM
377 sagar mitras and 500 fish farmer organisations to help youth work in fish farming
sector, says FM in Budget speech
• मछिी उत्पादन 20 टन तक बढाया जाएगा: एफएम
बजट भाषण में एफएम का कहना है लक 377 सार्र र्मत्रा और 500 मछिी र्कसान सांर्ठन युिाओां को
मछिी पािन के्षत्र में काम करने में मदद करें गे
• Govt propose National Police University and National Forensic University
• Five new smart cities to be developed
• पाांर् नए स्माटग शहर र्िकर्सत लकए जाने हैं
• “Nirvik scheme” for digital refunds of duties to exporters to
be launched this year itself
• र्नयागतको ां को र्डर्र्टि ररफां ड की “र्नर्िगकारी योर्ना” इस साि ही शुरू की जाएगी
• Delhi-Mumbai Expressway to be ready in 3 years
• 3 साि में बनकर तैयार होगा र्दल्ली–मुांबई एक्सपे्रसिे
• More Tejas types train to connect tourist places: FM Sitharaman
• अर्िक तेर्स प्रकार पयगटक स्थानो ां को जोड़ने के लिए टर ेन करते हैं: एफएम सीतारमण
• हम र्ल्द ही डेटा कें र्द्रत पब के र्नमागण के र्िए र्नर्ी के्षत्र को सक्षम करने के लिए
एक नीर्त िारू् करें रे्
• Finance Minister Nirmala Sitharaman says gross enrollment of girls under
Beti Bachao Beti Padhao is higher than boys. Here, she says that gross
enrollment of girls is 94.32 percent in elementary levels, 81.32 per cent in
secondary level and 59.7 per cent in higher secondary level.
• र्ित्त मांत्री र्नमगिा सीतारमण का कहना है र्क बेटी बर्ाओ बेटी पढाओ के तहत िड़र्कयो ां
का सकि नामाांकन िड़कोां की तुिना में अर्िक है। यहााँ, िह कहती है र्क िड़र्कयो ां का
सकि नामाांकन प्राथर्मक स्तर में 94.32 प्रर्तशत, माध्यर्मक स्तर में 81.32 प्रर्तशत और
उच्चतर माध्यर्मक स्तर में 59.7 प्रर्तशत है।
• Govt to sell govt stake in IDBI Bank to private investors
• र्नर्ी र्निेशको ां को IDBI बैंक में सरकार की र्हसे्सदारी बेर्ने के लिए सरकार
• Government to sell part holding in LIC
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• LIC में पाटथ होक्टडांर् बेर्ने वािी सरकार
• New power generation companies to be taxed at 15%
• नई र्बर्िी उत्पादन कां पर्नयो ां पर 15% टैक्स िरे्र्ा
• ‘Vivad se Vishwas’ scheme for direct taxpayers whose appeals are pending at
various forum
• प्रत्यक्ष करदाताओां के लिए र्ििाद् से र्िश्वास ’योर्ना लजसकी अपीि लवलभन्न फोरम में िांलबत
हैं
• Technology like machine learning, robotics, AI along-with number of productive
age group (15-65 years) are cross-cutting streams in India, This is special to
India.
• Budget 2020 theme: Aspirational
• Aspirational theme covers agricuture, irrigation rural develepment,
Committed to doubling farmers income by 2022. Financial inclusion has
raised farmers’ income.
• बजट 2020 का लवषय: आकाांक्षात्मक
आकाांक्षात्मक र्िर्य कृर्र्, र्सांर्ाई ग्रामीण र्िकास, 2022 तक र्कसानो ां की आय को दोरु्ना करने के
लिए प्रलतबद्ध है। लवत्तीय समावेशन ने लकसानोां की आय बढा दी है
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Chapter 21- Economic Survey 2020
• India's economic growth is expected to "strongly rebound" to 6-6.5 per cent in 2020-21 from 5 per cent estimated in the current fiscal. The Survey said there are tentative signs of bottoming out of slowdown in manufacturing activity and global trade, which will have a positive impact on growth in the next fiscal.
• The country needed to spend $1.4 trillion on infrastructure to remove the constraints in growth, as power shortages, inadequate transport and poor connectivity affects overall growth performance, and to achieve a GDP of $5 trillion by 2024-25.
• India's balance of payments position improved to USD 433.7 billion by September 2019 from USD 412.9 billion of forex reserves in March 2019, says Economic survey 2019-20. India's foreign reserves are comfortably placed at USD 461.2 billion as on 10th January 2020. Further, the external debt levels remained low at 20.1 per cent of GDP by the end of September 2019.
• The Economic Survey on Friday pinned its hope on uptick in growth of cumulative GST collections in October 2019 and November-December to contain fiscal deficit at the budgeted 3.3 per cent for FY2020.
• The Survey suggested providing ESOPs to public sector bank employees to enable them to become owners in the banks. Employee stock ownership plans (ESOPs) will incentivise the bank employees to embrace risk-taking and innovation continually, it said.
• Considering the urgent priority of the government to revive growth in the economy, the fiscal deficit target may have to be relaxed for the current year, the survey said.
• The Economic Survey 2019-20 has proposed India can create well-paid four crore jobs by 2025 and eight crore by 2030 by integrating “assemble in India for the world” into government’s Make in India initiative and exporting network products that can give substantial push to India’s target of becoming a $5 trillion economy.
• India's GDP growth is neither overestimated nor underestimated and the concerns on data are unfounded. It said that cross-country comparisons are fraught with risk of incorrect inference due to various confounding factors that stem from such inherent differences.
• Government interventions like debt waiver or food subsidies end up creating distortions in the functioning of the free market. The Survey says that debt waiver schems disrupt credit culture and disrupt formal credit flow to the very farmers it aims to benefit.
• It takes more documents to open a restaurant in Delhi as compared to documents needed for a license to procure new arms and major fireworks, says the Economic Survey for 2019-20.
• Funding of the Rs 102 lakh crore National infrastructure pipeline recently unveiled by the Indian government “would be a challenge”, the Economic Survey for 2019-20 said.
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• The survey cited a new selloff mode. In the model, the government can transfer its stake in the listed CPSEs to a separate corporate entity which would be managed by an independent board and would be mandated to divest the government stake in these CPSEs over a period of time.
• As per the pre-Budget survey, services exports have outperformed goods exports in the recent years, due to which India's share in the world's commercial services exports has risen steadily over the past decade to reach 3.5 per cent in 2018, twice the share in world's merchandise exports at 1.7 per cent.
• Indian companies garnered nearly Rs 74,000 crore through public issuance of equity and debt during April-December this fiscal, a 66 per cent jump from the preceding financial year, with rights issue emerging as the most preferred route for financing business needs. Companies had raised Rs 44,355 crore in the April-December period of 2018-19.
• In India, affordability of vegetarian 'thalis' improved more compared to non-vegetarian 'thalis' in last 13 years. Affordability of vegetarian 'thalis' improved by 29 per cent while that for non-vegetarian 'thalis' by 18 per cent from 2006-07 to 2019-20. As a result, an average household of five individuals that eats two vegetarian 'thalis' a day, gained around Rs 10,887, on average per year, while a non-vegetarian household gained Rs 11,787, on average per year.
• The Survey pointed out high drop out rates at various levels of schooling and lack of affordability in higher education as areas of concern. The Survey emphasised that Samagra Shiksha 2018-19, was launched to envisage school education as a continuation from pre-school to senior secondary level to provide access to education to all.
• The Survey pointed out high drop out rates at various levels of schooling and lack of affordability in higher education as areas of concern. The Survey emphasised that Samagra Shiksha 2018-19, was launched to envisage school education as a continuation from pre-school to senior secondary level to provide access to education to all.
• According to the Survey, foreign tourist arrivals to India on e-visas, which are available for 169 countries, have increased from 4.45 lakh in 2015 to 23.69 lakh in 2018 and stood at 21.75 lakh in January-October 2019, recording nearly 21 per cent year-on-year growth in the tourism sector.
• India's mineral output has witnessed a notable turnaround on account of reform measures initiated by the government.
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