National Affairs
Union HRD Minister chairs the meeting of the Indian National Commission For Cooperation (INCCU) with UNESCO in New Delhi
The Union Minister of Human Resource and Development (MHRD) Shri Ramesh Pokhriyal ‘Nishank’ chaired the meeting of Indian National Commission for Cooperation with UNESCO (INCCU) in New Delhi. This was the 1st meeting after the National Commission’s reconstitution.
The national commission consists of members of 5 sub commissions which include Sub Commission for Education, Natural Sciences, Social Sciences, Communication and Culture.
About UNESCO
- founded November 1945.
- Headquarters- Paris, France.
- Director General(DG)- Audrey Azoula
State Affairs
Telangana
Telangana
A Month-long Nagoba Jatara concluded in Telangana with the ceremony of Betal Puja. It is the second biggest tribal carnival and celebrated by the Mesaram Clan of Gond tribes for 10 days.
Tribal People from Maharashtra, Chattisgarh, Orissa and Madhya Pradesh belonging to the Mesram clan offer prayers at the festival.
About Telangana:
- Chief Minister – K. Chandrashekar Rao
- Governor – Tamilisai Soundararajan
- Capital – Hyderabad
Andhra Pradesh
The govt of Andhra Pradesh (AP) has launched a doorstep pension delivery scheme named YSR Pension Kanuka. Under the scheme various welfare pensions will be delivered to the pensioners. The old age pensioners age has also been reduced from 65 to 60 years.
Pensions: The disabled pensions (DP) will be Rs. 3000 per month whereas the pension amount for CKDU (Chronic kidney disease of unknown)/dialysis pensions will be Rs. 5,000-Rs. 10,000 per month.
Andhra Pradesh flagged off India’s 1st of its kind first ‘fruit train’
India’s first of its kind fruit train was launched from Tadipatri Railway Station in Anantapur district & from Kadapa district of Andhra Pradesh. This is the first time an entire train carrying a load of 980 metric tonnes of locally grown bananas has been sent to the Jawaharlal Nehru Port Trust (JNP)in Mumbai, Maharashtra from where it will be exported to Iran.
The bananas will be exported under the brand name ‘Happy Bananas’. Farmers from Putlur region in Anantapur and Pulivendula in Kadapa district of AP will be exporting ‘Green Cavendish’ bananas to international markets.
Haryana
34th Surajkund International Crafts Mela begins in Haryana
The cultural extravaganza Surajkund International Crafts Mela(34th) has been inaugurated at Faridabad(Haryana). This year Himachal Pradesh is the theme state.
Artistes will showcase the art, vulture, heritage, handicrafts and cuisine of the state. Surajkund is located near the Surajkund village between the villages of Baharpur and Lakkarpur in Faridabad district of Haryana.
Banking & Finance
Presenting the first Union Budget of the third decade of the 21stcentury, Finance Minister -Smt. Nirmala Sitharaman, unveiled a series of far-reaching reforms, aimed at energizing the Indian economy through a combination of short-term, medium-term, and long term measures.
The Union Budget was structured on the overall theme of “ Ease of Living”. Further, three prominent themes of the budget are:-
Aspirational India – better standards of living with access to health, education and better jobs for all sections of the society.
Economic Development for all – “Sabka Saath,Sabka Vikas , Sabka Vishwas”.
Caring Society – Both humane and compassionate.
Union Budget 2020
Sector. Allocation
Defence 4.71 lakh crore
Health Sector 67116 crore
Education Sector 99300 crore
Agriculture, Irrigation and Farmers welfare sectors 1.60 lakh crore
Swach Bharat Mission 12,300 crore
Jal Jeevan Mission 11,500 crore
Textile Industry 1,400 crore
Railways & Transportation 72,216 crore
Power & Renewable Budget 22,000 crore
BharatNet Program 6000 crore
Tourism budget 2500 crore
Transport budget 1.7 lakh crore
Income Tax Slab 2020
Income New Tax rate
Up to Rs 2.5 lakh. Nil
Rs 2.5 lakh to Rs 5 lakh. 5%
Rs 5 lakh to Rs 7.5 lakh. 10%
Rs 7.5lakh to Rs 10 lakh. 15%
Rs 10 lakh to Rs 12.5 lakh. 20%
Rs 12.5 lakh to Rs 15 lakh. 25%
Above Rs 15 lakh. 30%
Appointments & Resignations
Indian origin technology executive Arvind Krishna has been elected as Chief Executive Officer of American IT giant International Business Machines Corp (IBM) after a “world-class succession process” will be effective on April, becomes the third Indian to head US-based multinational company after Microsoft corporation chief Satya Nadella and Google ceo sundar pichai.
Krishna is currently IBM Senior Vice President for Cloud and Cognitive Software and will succeed Virginia “Ginni” Marie Rometty(62), who will retire after almost 40 years with the company at the end of the year.
Ministry of External Affairs, Government of India (GoI) announced Ajay Bisaria as Next High Commissioner of India to Canada. Bisaria is an IFS (Indian Foreign Service) officer batch 1987.
Bisaria is going to replace Vikas Swarup who served as High Commissioner of India to Canada, he is now appointed as Secretary (Consular, Passport and Visa and Overseas Indian Affairs) at the Ministry of External Affairs.
About Canada:
- Capital– Ottawa
- Currency– Canadian dollar
- Prime Minister– Justin Trudeau.
The Appointments Committee of the Cabinet (ACC) has approved the appointment of M.Ajit Kumar as chairman of the Central Board of Indirect Taxes and Customs (CBIC). Ajit is an IRS (Indian Revenue Service) officer of the batch 1984.
Ajit served as member of CBIC and he will replace Pranab Kumar. Das as the chairman of CBIC. The order is signed by Rajeev Lochan undersecretary, and the duly of that appointed has been given to revenue secretary Ajay Bhushan Pandey.
About CBIC:
Headquarters– New Delhi
Founded– 1 January 1964
Abidali Neemuchwala quits as Chief Executive Officer(CEO) and Managing Director (MD) from Wipro IT (Information Technology) service providing company. He will continue in office until new CEO has been appointed.
During Neemuhwala’s tenure, Wipro’s stock had a growth of 13%, while the stocks of Infosys and TCS grew 33% and 78% respectively and Also Wipro lost its 3rd position to HCL Technologies.
About Wipro:
- Headquarters- Bangalore, Karnataka
- Founder– M.H. Hasham Premji in 1945
- Chairman- Rishad Premji
Defense News
As part of the ongoing Indo-Bangladesh defence cooperation, a joint military training exercise SAMPRITI-IX is being conducted at UMROI, Meghalaya, India.
Exercise SAMPRITI is an important bilateral defence cooperation endeavour between India and Bangladesh and will be the ninth edition of the exercise which is hosted alternately by both countries.
Sports News
American Sofia Kenin has won the Australian Open Grand Slam Singles title 2020 (108th edition) at Melbourne, Australia. She defeated Garbine Muguruza in the final 4-6,6-2,6-2.
Kenin was the youngest Australian Open finalist since Ana Ivanovic, and the youngest champion since Maria Sharapova both in 2008.
Obituaries
Padma Shri awardee and renowned Punjabi novelist, Dalip Kaur Tiwana passed away at the age of 84 due to old age ailments. She was well known for novels ‘Teeli da Nishaan’ and ‘Sooraj te Samandar’. She was also a former president of the Punjabi Sahit Akademi.
Important Days
Indian Coast Guard (ICG) celebrated its raising day on February 1. ICG protects India’s maritime interests and enforces maritime law, with jurisdiction over the territorial waters of India, including its contiguous zone and exclusive economic zone.
It operates under the Ministry of Defence.
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