Current Affairs: 02 March 2019

Daily Current GK Update

02 March, 2019

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  1. MSP for minor forest produces issued by Ministry Of Tribal Affairs

Union Minister of Tribal Affairs Jual Oram, launched the ambitious scheme of the Ministry of Tribal Affairs, Van Dhan, the scheme for Minimum Support Price (MSP) for Minor Forest Produce (MFP) and Development of Value Chain of MFPs at a National Workshop organized by TRIFED under Ministry of Tribal Affairs. The Scheme will offer remunerative Minimum Support Price for 50 commercially viable items to the Tribals.

6000 Van Dan Vikas Kendras comprising 300 tribal gatherers are to be set up to provide employment to almost 45 Lakh Tribal. He also launched the TRIFOOD Scheme, a joint initiative of Ministry of Food Processing Industry, Ministry of Tribal Affairs and TRIFED, and the “Friends of Tribes” initiative of the Ministry.

Source: – Press Information Bureau


  1. New Railway Zone announced for Andhra Pradesh

Union Railway Minister Piyush Goyal announced a new railway zone for Andhra Pradesh, that is the Southern Coast Railway and it will be headquartered in Visakhapatnam.

It will be the 18th zone in the country. The new zone will comprise the existing Guntakal, Guntur and Vijayawada divisions that currently fall under the South Central Railway. The cost of creating infrastructure for a new zone is around Rs. 205 crore.

Source: – The Hindu


  1. Union Cabinet approves setting up of AIIMS in Haryana

The Union Cabinet on Thursday approved the setting up of All India Institute of Medical Sciences (AIIMS) at Haryana’s Manethi. The new AllMS will be set up at a cost of 31,299 crore and will add 100 Undergraduate (MBBS) seats and 60 B.Sc (Nursing) seats. The Cabinet also approved the creation of one post of director in the AIIMS.

Source: – PTI


  1. India & Brunei signed agreement to exchange information on tax and banking matters

India and Brunei signed a pact for the exchange of Information and Assistance in Collection with respect to taxes in order to curb tax evasion and tax avoidance in New Delhi.

This agreement will facilitate both the countries to exchange information, including banking and ownership information for tax purposes and will also avail mutual assistance in collection of tax revenue claims.


  1. IRCTC launches its own digital payment gateway ‘IRCTC iPay’

IRCTC launched its own digital payment aggregator called ‘IRCTC iPay’. With iPay, passengers will not need any third-party platforms as it will provide payment options like credit card, debit card, unified payment interface and international card.

This will help reduce the gap between IRCTC and banks which will eventually lead to a substantial reduction in payment failures. The back-end support will be provided by Delhi based MMAD communications, which is IRCTC’s technology partner.

Source: – Business Standard


  1. ‘International Digital Health Symposium’ Inaugurated In New Delhi

Minister of State for Health and Family Welfare, Anupriya Patel, inaugurated the International Digital Health Symposium and an exhibition on Digital Health as a part of the Symposium, in New Delhi, where participant countries along with various Government Ministries, states and other stakeholders showcased key innovations, implementation experiences, and innovative Digital Health Interventions.

Source: – Press Information Bureau


  1. PM Modi confers Shanti Swarup Bhatnagar Prizes for Science & Tech

Prime Minister Narendra Modi conferred the Shanti Swarup Bhatnagar Prizes for Science and Technology for the years 2016, 2017 and 2018 in New Delhi. There were 34 prize winners.

The Shanti Swarup Bhatnagar Prize is the most coveted national recognition bestowed upon young scientists and engineers to honour their research and developmental work in India. It was first instituted in 1957 to honour the eminent scientist Dr. Shanti Swarup Bhatnagar.

Source: – AIR World Service


  1. US’ Carlyle buys 9% stake in SBI Life Insurance for 4,600 crore

US private-equity firm Carlyle Group has acquired a 9% stake in SBI Life Insurance from France’s largest listed bank BNP Paribas for 74,600 crore. SBI Life is a joint venture between SBI and BNP Paribas Cardif, a BNP unit. BNP’s stake in SBI Life will be 12.8% after the deal, while SBI will remain a majority shareholder with 62.1% stake.

Source: – Bloomberg Quint


  1. Deepak Singh wins gold at Makran Cup in Boxing

National Boxing champion Deepak Singh (49kg) was the only Indian boxer to notch up the gold medal, while five others claimed silver medals in the Makran Cup in Chabahar, Iran. Deepak defeated Jaafar Naseri in the finals.Lalitha Prasad (52kg), Commonwealth Games silver-medallist Manish Kaushik (60kg), Duryodhan Singh Negi (69kg), Sanjeet (91kg) and Commonwealth Games silver-medallist Satish Kumar (+91kg) claimed silver medals.

Source: – The Hindu

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