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Daily Current Affairs – 1st Feb 2020

Daily Current Affairs of 1st February 2020

Today Current Affairs

Union Government appoints M Ajit Kumar as chairman of CBIC ahead of Budget

  • Central Government appoints M Ajit Kumar as chairman of the Central Board of Indirect Taxes and Customs. The appointment comes just two days before the Union Budget presentation.
  • Central Board of Indirect Taxes and CustomsCentral Board of Indirect Taxes and Customs is the national nodal agency responsible for administering Customs, GST, Central Excise, Service Tax and Narcotics in India. Founded: 1 January 1964

India bans exports of all kinds of personal protection equipment

  • India bans the exports of all kinds of personal protection equipment, including clothing and masks used to protect people from airborne particles. The significance as there could be a spurt in demand for such products due to the outbreak of novel Coronavirus claimed more than 200 lives in China while the number of confirmed cases reached near 10 thousand. Directorate General of Foreign Trade, DGFT export all varieties of personal protection equipment including clothing and masks used to protect the wearer from airborne particles or any other respiratory masks or any other own protective clothing including coveralls and N95 masks prohibited with immediate effect.

ISRO launches a low-cost satellite launch vehicles

  • Indian Space Research Organisation (ISRO) declares that it is preparing low-cost satellite launch vehicles costing around 30-35 crores rupees, each which can put into orbit satellites weighing 500 kgs. The first launch is expected to take place in the next four months from the country. The ISRO has a significant commercial boost as it will be able to cater to micro, mini, and medium segments of the market. ISRO earmarked 1,600 million Dollars for launch vehicles, of which 870 million Dollars will be for PSLV and the remaining for GSLV.
  • Indian Space Research OrganisationIt is a space agency of the government of India, and vision is to harness space technology for national development. Founder: Vikram Sarabhai Founded: 15 August 1969 Headquarters: Bengaluru

ECI appointed Shri B Murali Kumar as Special Expenditure Observer

  • Election Commission of India appointed Sh B Murli Kumar (ex IRS-1983) as Special Expenditure Observer as also appointed Sh Mrinal Kanti Das (IPS 1977 Retd) as Special Police Observer for General Election to the Legislative Assembly of NCT of Delhi, 2020. Sh Murali, in consultation with the Chief Electoral Officer, Delhi, will be supervising and monitoring the work done by the electoral machinery. Similarly, Sh Das, as the Special Police Observer, is assigned to oversee the deployment and other security-related issues. Sh M K Das retired as Director-General of Manipur Police, was also deputed earlier as Special Police Observer for Tripura and Mizoram during the 2019 Lok Sabha Elections and even the recently held Jharkhand Assembly elections.
  • Election Commission of India
    Election Commission of India is an autonomous constitutional authority responsible for administering election processes in India. Formed: 25 January 1950

Goa 2020 National Games unveils Rubigula as mascot

  • Rubigula, Flame-Throated Bulbul unveiled as the official mascot for the Goa 2020 National Games. The Flame-Throated Bulbul is the state bird of Goa. The mascot Rubigula will generate the interest of people towards the National Games. The mascot incorporates the best elements and characteristics of Goa and the Goan people.
    The state has world-class infrastructure for the games. World-class infrastructure has been created for these Games, which will benefit sportspersons in the State. The Games will help imbibe a sports culture in the State. We are expecting a grand celebration from October 20 to November 4, which will bring athletes from across India. Goa will be hosting the 36th edition of the National Games from 20th October to 4th November 2020.
    The event will see participation by 36 states, and union territories, 12,000 + athletes, officials and will host 37 sports disciplines across 24 venues in Goa. 36th National Games will begin in Goa from October 20 to November 4. More than 12,000 athletes, as well as officials, will participate in the tournaments.

Union Govt aims to achieve objective of Housing for All by 2022 under PMAY-G

  • Union Government aims to achieve the objective of Housing for All by 2022 under Pradhan Mantri Awas Yojana-Grameen. A total of over one crore 50 lakh rural houses have been completed in the last five years. Eligible beneficiaries will get one crore 95 lakh houses in the second phase of the scheme. The government has set a target of 60 lakh houses for the current financial year.
  • Pradhan Mantri Gramin Awaas YojanaPradhan Mantri Gramin Awaas Yojana, Indira Awaas Yojana, is a social welfare flagship program, created by the Indian Government Launch year: 2015

President Ram Nath Kovind to inaugurate Surajkund crafts fair

  • President Ram Nath Kovind will inaugurate the 34th Surajkund International Crafts Mela-2020 in Faridabad Haryana Chief Minister Manohar Lal Khattar, Himachal Pradesh Chief Minister Jai Ram Thakur, Haryana Tourism Minister, Kanwar Pal and Ambassador of the Embassy of Uzbekistan Farhod Arziev present on the occasion along with Union Minister of State for Social Justice and Empowerment Krishan Pal Gurjar, Haryana Transport Minister Mool Chand Sharma, Chairman of Haryana Tourism Corporation Randhir Golan, and MLA Seema Trikha.

India-Africa Defence Ministers conclave held during DefExpo

  • Defence Secretary Dr. Ajay Kumar briefed the media here on the preparation of the biennial defence exposition, DefExpo 2020, to be held in Uttar Pradesh capital Lucknow between February 5-9, 2020.DefExpo
    DefExpo, India-Africa Defence Conclave will be held. Fourteen Defence Ministers from the African countries confirmed participation in this event. Defense Ministers of nearly 40 countries confirmed their participation for the DefExpo20, including Czech Republic, Mexico, South Korea, United Arab Emirates. The number of companies registered for participating in DefExpo 2020 increased to 1,000 from 702 in the last edition held in Chennai. Defence Secretary said that there was a massive 96 percent jump in the booked exhibition space by exhibitors in DefExpo 2020 to over 53,000 square meters, compared to around 27,000 during the last edition.
  • Nineteen professional/business seminars are planned during the DefExpo20, and 15 of these would be organized by various Industry Chambers, including Confederation of Indian Industries, Ph.D. Combers of Commerce, The Associated Chambers of Commerce of India. Some of the seminar topics are futuristic and include discussions on artificial intelligence, robotics, the Internet of Things (IoT), drones, wired warrior. The best-selected photographs by a jury shall fetch the participant’s cash prizes of Rs one lakh. The second and third prize will be Rs 75,000 and Rs 50,000 respectively. A mobile app (DEFEXPO 2020) recently launched by Raksha Mantri Shri Rajnath Singh that details, among others, the schedule of Live Demo and other activities during the event in real-time. The Ministry of Defence was also present during the media interaction.

Integrate Assemble in India into Make in India

  • India should draw a lesson from China’s success in exports and launch a project to ‘Assemble in India for the world would create 80 million well-paid jobs in the next ten years. India should step in to seize opportunities in export manufacturing and create well-paid jobs. China to create 70 million jobs for workers with primary education. In India, increased exports explain the conversion of about 800,000 jobs from informal to formal between 1999 and 2011, representing 0.8% of the labor force.The US-China trade war is causing major adjustments in GVCs, and firms are scouring alternative locations for operations. India must focus on a group of industries, referred to as ‘network products’, where production processes are globally fragmented and controlled by leading multinational enterprises within their producer-driven global production networks.
  • Job Market
    India’s job market is facing a huge demand-supply mismatch with employment generation falling way behind jobs on offer. At least 12 million new fresh faces enter the labor market every year in India. India created 4.36 million formal jobs per year between 2011-12 and 2017-18, the Economic Survey said, asserting that the percentage of salaried workers’ proportion in the labor market has gone up from 18% earlier to 23%.all salaried workers not necessarily form part of the formal employment space. Formal employment in the economy increased from 8% in 2011-12 to 9.98% in 2017-18, the survey clarified.

Union Budget Highlights 2020-2021 presented by Finance Minister Nirmala Sitharaman

  • Union Budget 2020 presented by Finance Minister Nirmala Sitharaman to revive economic growth and boost people’s income. The Budget is based on
  • Three themes
    Aspirational India
    Economic development
    Caring society
  • Union Budget 2020 was presented by Finance Minister Nirmala Sitharamanin, a bid to revive economic growth and boost people’s income. The Budget is based on three themes – aspirational India, economic development for all, and caring society. The Finance Minister began her speech by saying that the Budget 2020-21 is for boosting income and improving the purchasing power of people. The fiscal deficit is estimated at 3.8 percent(revised estimate for 2019-20)of the gross domestic product in the current financial year, and the government aims to lower it to 3.5 percent (budget estimate for 2020-21) in the fiscal year ending March 2021. She proposed Rs 69,000 crore to the healthcare sector and Rs 12,300 crore to Prime Minister Narendra Modi’s flagship cleanliness program Swachh Bharat Mission. Finance Minister earmarked another Rs 3.6 lakh crore towards the supply of piped water to households.
  • Highlights Of Union Budget 2020:The income tax for those earning between Rs 5 lakh and Rs 7.5 lakh will be cut to 10 percent from 20 percent. The income tax for those earning between Rs 7.5 and Rs 10 lakh will be cut to 15 percent from 20 percent. The income tax for those earning between Rs 10 and Rs 12.5 lakh will be cut to 20 percent from 30 percent. The income tax for those earning between Rs 12.5 lakh and Rs 15 lakh will be cut to 25 percent from 30 percent. 30 percent tax rate will still be applicable for those earning above Rs 15 lakh. There will be no tax for those earning Rs 5 lakh and Rs 690 billion will be spent on healthcare spending.
  • Village Storage Scheme
    • Women, SHGs to regain their position as Dhaanya Lakshmi.NABARD to map and geo-tag agri-warehouses, cold storages, reefer van facilities, etc.
    • Warehousing in line with Warehouse Development and Regulatory Authority (WDRA) norms:
    • State governments who undertake the implementation of model laws (issued by the Central government) to be encouraged.
    • Livestock:
      • Doubling of milk processing capacity to 108 million MT from 53.5 million MT by 2025.
      • Artificial insemination to be increased to 70% from the present 30%.
      • MNREGS to be dovetailed to develop fodder farms.
      • Foot and Mouth Disease, Brucellosis in cattle and Peste Des Petits ruminants (PPR) in sheep and goat to be eliminated by 2025.

    Deen Dayal Antyodaya Yojana 
    Around 0.5 crore households mobilized with 58 lakh SHGs for poverty alleviation.

  • Education and Skills
    • New Education Policy to be announced soon.
    • National Police University and National Forensic Science University proposed for policing science, forensic science, and cyber-forensics.
    • Degree level full-fledged online education program by Top-100 institutions in the National Institutional Ranking Framework.
    • Up to 1-year internship to fresh engineers to be provided by Urban Local Bodies.
    • The budget proposes to attach a medical college to an existing district hospital in PPP mode.
    • Special bridge courses to be designed by the Ministries of Health, and Skill Development

    TRANSPORT

    • 100 more airports are planned by 2024
    • Over 6,000 km of highways in 12 lots will be monetized by 2024
    • One major airport will be privatized

    16-POINT ACTION PLAN FOR FARMERS

    The government is committed to doubling farmers’ income by 2022 to allocate Rs 2.83 lakh crore for agriculture and rural sectors such as irrigation.

    • Schemes that encourage manufacturing of mobile phones, electronic equipment, and semiconductor packaging be introduced
    • Private sector to build Data Centre Parks throughout the country will be encouraged
    • 80 billion rupees over five years to be provided for quantum technologies and applications
    • Milk processing capacity to be doubled by 2025.

PM greeted Indian Coast Guard on its Foundation Day

  • Prime Minister Narendra Modi greeted Indian Coast Guard on their Foundation Day.  The Indian Coast Guard has made a mark due to its remarkable efforts to keep the coast safe.Indian Coast Guard
    Indian Coast Guard is an armed force that protects India’s maritime interests and enforces maritime law, with jurisdiction over the territorial waters of India.
    Headquarters: New Delhi
    Founded: 18 August 1978

Source: DailyCurrentAffairs.net

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