Current Affairs

India born Gita Gopinath joins IMF as Chief Economist

India born Gita Gopinath has joined International Monetary Fund as its chief economist.

She has first woman to occupy the top IMF post. Gopinath succeeds Maurice (Maury) Obstfeld as Economic Counsellor and Director of the IMF's Research Department. Obstfeld retired on December the 31st.

The 11th chief economist of the IMF, Gopinath in a recent interview to The Harvard Gazette described her appointment at the IMF as a “tremendous honour”.



Removed by govt, SC brings back Alok Verma as CBI chief

A bench headed by Chief Justice Ranjan Gogoi is expected to consider Verma’s response to the Chief Vigilance Commissioner’s report on the charges against him.

Alok Verma was reinstated as CBI Director by the Supreme Court Tuesday — over two months after the government stripped him of his powers and sent him on leave in a surprise midnight order on October 23. A three-judge bench headed by Chief Justice of India (CJI) Ranjan Gogoi overturned the Chief Vigilance Commission order recommending Verma’s removal and returned him to the post.

The court has, however, directed Verma not to take any policy decisions till the statutory committee meets within a week and decides further on the matter. The statutory committee comprises the Prime Minister, CJI and the Leader of the Opposition.



Khelo India Youth Games to start from January 9, 2019

Union Sports Minister Rajyavardhan Singh Rathore on Sunday launched the jersey for the second edition of Khelo India, rechristened as Khelo India Youth Games, which will kick-start from January 9-20 in Pune.

Building on the success of the inaugural edition, the Minister alongside Khelo India stars Manu Bhaker, Jeremy Lalrinnunga, Saurabh Chaudhary, Lakshya Sen, Esha Singh, Tababi Devi, and Srihari Natraj started the countdown to Khelo India Youth Games with an evocative “#5MinuteAur” campaign. Scheduled to take place at Shree Shiv Chhatrapati Sports Complex in Pune, the Games will see over 10,000 participants from 29 states and seven Union Territories taking part in the two age categories — under 17 and under 21.

In its inaugural edition, Khelo India had a strong message “Kheloge Kudoge Banoge lajawaab” encouraging more kids to play every day, it was an effort towards changing an age-old belief.

Building on the core of this message through the #5MinuteAur campaign, the Ministry wants India to encourage kids to play for those extra five minutes.

“The success of Khelo India School Games is a testimony to the hunger and multitude of sporting talent in India. Buoyed by the terrific response for Khelo India School Games and with an aim to increase participation in sports across all age groups, we have not just added two sports this year but the games will also be played under two age categories U-17 and U-21 to allow even more enthusiasts to participate and flourish. The ‘5 minute aur’ campaign for the Khelo India Youth Games 2019 to be hosted in Pune, Maharashtra is a reflection of the immense strides we’ve made and the journey that lies in front of us to make India a truly sporting nation. We hope it will inspire India to work towards incorporating sports as a way of life,” Rathore said.



I&B announces 25% hike in print media advertisements

There is good news for small and medium-sized newspapers. Ahead of the 2019 elections, the Ministry of Information and Broadcasting on Tuesday announced a 25% hike for advertisement in print media, over and above the existing rate structure by the Bureau of Outreach and Communication (erstwhile Directorate of Advertising and Visual Publicity).

The new rate structure will be valid for a period of three years.

The last revision in advertisement rates took place in 2013, when an increase of 19% was announced over and above the rates of 2010. The move is likely to benefit small and medium-sized newspapers greatly, especially those in regional and vernacular languages.

“Every newspaper has a substantial advertising revenue coming in from the DAVP,” said Sanjay Gupta, chief executive officer at Jagran Prakashan Ltd, the company that owns newspapers, including Dainik Jagran and Mid-Day. “Any increase in rates is most welcome and we are grateful given that this was a long-standing demand from the industry.”



PM Modi to launch several development projects at Solapur in Maharashtra & Agra in UP today

Prime Minister Narendra Modi will visit Solapur in Maharashtra and Agra in Uttar Pradesh today to launch several development projects. Mr Modi will first head to Solapur where he will dedicate to the nation, the four-laned Solapur-Tuljapur-Osmanabad section of NH-211. 

This will help improve connectivity of Solapur with the Marathwada region. An official release said, the Prime Minister will also lay the foundation Stone of 30,000 houses under Pradhan Mantri Awas Yojana.

These will primarily benefit poor homeless people like rag pickers, rickshaw drivers, textile workers and beedi workers. 

Mr Modi will also dedicate to the nation underground Sewerage System and three Sewage Treatment Plants in Solapur. He will also lay the foundation stone of the combined project of improvement in water supply and sewerage system. 

The project is expected to bring significant improvement in service delivery and improve public health enabled by technology as a means to create smart outcome for citizens. The Prime Minister will wind up his visit by addressing a public gathering in the city.

Later in the day, Mr Modi will launch Gangajal project and other developmental projects in Agra. The Gangajal programme will improve water supply in the city. The cost of the project is 2,880 crore rupees and will benefit both residents and tourists. 



Lok Sabha also passes Citizenship Amendment bill

The Lok Sabha has passed the Citizenship (Amendment) Bill. The Bill seeks to amend the Citizenship Act, 1955 to make illegal migrants who are Hindus, Sikhs, Buddhists, Jains, Parsis and Christians from Afghanistan, Bangladesh and Pakistan, eligible for citizenship. 

Under the 1955 Act, one of the requirements for citizenship by naturalisation is that the applicant must have resided in India during the last 12 months, and for 11 of the previous 14 years. The bill relaxes this 11-year requirement to six years for persons belonging to the all the six religions from the three countries.

Replying to a debate on the Bill, Home Minister Rajnath Singh said, the bill is not just for Assam but for other states too. He said it is also for migrants who have come from the Western borders and have settled down in Rajasthan, Punjab and Delhi. 

The Minister added that Assam is dealing with illegal migration for a long time now and the state's burden is India's burden. He said, it is the central government's responsibility to protect the identity, culture of the people of Assam.

Earlier, moving the bill, Mr Singh said, the government is committed for National Register of Citizens (NRC). He asserted that there will be no discrimination in NRC. He also said, the Centre has taken several measures to implement the Assam Accord.



Parliament highlights: Lok Sabha passes bill providing reservation for ‘economically weaker’ general category

The government has extended the Winter session of the Rajya Sabha by a day till Wednesday The session of Parliament, begun on December 11 and was to end on Tuesday. (file/Express photo by Ravi Kanojia)

The constitutional amendment bill to provide 10 per cent reservation in jobs and educational institutions for economically weaker sections in the general category has been passed in the Lok Sabha. The Rajya Sabha will take up the bill on Wednesday.

Amid a bandh in the north-east states, Home Minister Rajnath Singh moved the Citizenship (Amendment) Bill, 2019 in Lok Sabha Tuesday and was subsequently passed after a discussion. The bill proposes to make minority (non-Muslim) immigrants from Afghanistan, Bangladesh and Pakistan who have entered India before December 31, 2014 eligible for Indian citizenship. Amid a discussion over the bill, Congress and TMC MPs walked out of the Lok Sabha.



4th Edition of Raisina Dialogue to begin in New Delhi

The fourth edition of the Raisina Dialogue will begin in New Delhi today evening.

Norway Prime Minister Ms Erna Solberg will deliver inaugural address in presence of Prime Minister Narendra Modi and External Affairs Minister Sushma Swaraj.

Ministry of External Affairs in partnership with Observer Research Foundation is organizing the flagship annual geopolitical and geostrategic conference. The theme of the Dialogue this year is "A World Reorder: New Geometries; Fluid Partnerships; Uncertain Outcomes”.

The discussions will seek to address issues arising from ongoing global transitions and changes to the world order, triggered by unique leaders, innovative partnerships and new technologies.

The Dialogue will bring together over 600 delegates from 93 countries, including influential political leaders, strategic thinkers, policy practitioners, technology innovators, business representatives and academics.



Private FM channels to broadcast AIR News from today

Private FM channels will be able to broadcast All India Radio News from today. Information and Broadcasting Minister Rajyavardhan Rathore will launch the sharing of news at a function in New Delhi this afternoon.

Talking to AIR, Colonel Rathore said, it is positive and welcome step as radio is the biggest mass medium for citizens.

The Minister said, the radio has gained popularity again due to 'Mann Ki Baat' Programme of Prime Minister Narendra Modi. Colonel Rathore said, AIR FM covers 50 per cent of population in the country and private FM channels are being given opportunities in different cities and towns.

Colonel Rathore took on the opposition saying that from 2009 to 2014, the then UPA Government took 56 crore square centimeters of space in Newspapers for advertisements and spent a huge amount on publicity.

He said, they even displayed the photographs of UPA chairperson, who was not even a constitutional authority.



Indian Economy Expected to Grow at 7.2% in 2018-19 as Manufacturing, Agriculture Sectors Pick Up

The Indian economy is expected to grow at 7.2 per cent in 2018-19, a tad higher from 6.7 per cent in the previous fiscal, mainly due to improvement in the performance of agriculture and manufacturing sectors, the Central Statistics Office said Monday.

Releasing the first advance estimates of National Income for 2018-19, the Central Statistics Office (CSO) said, "The growth in GDP during 2018-19 is estimated at 7.2 per cent as compared to the growth rate of 6.7 per cent in 2017-18."

"Real GVA (Gross Value Added) is anticipated to grow at 7 per cent in the current fiscal as against 6.5 per cent in 2017-18," it said.

According to the CSO data, the expansion in activities in 'agriculture, forestry and fishing' is likely to increase to 3.8 per cent in the current fiscal from 3.4 per cent in the preceding year.

The growth of manufacturing sector is expected to accelerate to 8.3 per cent this fiscal, up from 5.7 per cent in 2017-18.

The Gross Domestic Product (GDP) had expanded by 7.1 per cent in 2016-17 and 8.2 per cent in 2015-16.