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Current Affairs 24 January 2020

New Delhi Airport Begins ‘Women with wheels’ Cab Service for Female Safety

In an effort to make women feel safe in New Delhi, an exclusive taxi service named ‘Women with wheels’ has been launched from the Indira Gandhi International Airport in the city on 10th January 2020.
The unique all-women cab service is an initiative by ‘Sakha cabs’. It can be availed for any part of Delhi.
The cabs are run exclusively for women commuters and are driven only by women drivers. A man with the family, including a female can be allowed under the service.

Niti Aayog to develop User-Centric “National Data and Analytics Platform”

Government think-tank Niti Aayog has announced to develop a National Data and Analytics Platform (NDAP) to make all government data accessible to stakeholders in a user-friendly manner.
NDAP is a flagship initiative of NITI Aayog in the space of promoting larger access and better use of data, tailored to the needs of policymakers, bureaucrats, researchers, innovators, data scientists, journalists and citizens alike.
The Vision Document for the National Data and Analytics Platform (NDAP) has been released by Niti Aayog vice-chairman Rajiv Kumar.
The first version of National Data and Analytics Platform is proposed to be released in 2021.
The NDAP will provide access to data from multiple sectors in one place. The data will be sourced from different Central and State Ministries and Departments.

AV Organics Launches India’s First Alkaline Water “EVOCUS”

The Vadodara-based start-up AV Organicis launched its product ‘Evocus’, a natural black alkaline water, in Hyderabad on 23 January 2020.
Evocus is India’s first natural black alkaline water and is enriched with 70+ natural minerals.
“EVOCUS” is black because it is alkaline water enriched with 100% organic minerals, sourced from the depths of the earth.
The company has already launched its product in 16 cities and has sold over 7,000 cases (one case consists of 24 bottles) since June 2019 and are expecting to sell over 3 million bottles by June 2020.
The packaged product has been approved by the Food Safety and Standards Authority of India (FSSAI) and ranges in price between Rs 100 per 500 ml and Rs 60 per 250 ml

India Ranks 51, Norway Tops in 2019 Democracy Index by The Economist Intelligence Unit

India’s Rank: India has slipped 10 places to be placed at 51st position among 167 nations in the 2019 Democracy Index global ranking released by The Economist Intelligence Unit (EIU)
The overall score of India fell from 7.23 in 2018 to 6.90 in 2019, and has been included in the “flawed democracy” category..
The Index provides a snapshot of the current state of democracy worldwide for 167 independent states and two territories.
Top Nation: The list has been topped by Norway, with a score of 9.87.
Bottom Nation: North Korea is at the bottom of the global ranking at 167th place with a score of 1.08.
Top 10 nations: Norway (1st), Iceland (2nd), Sweden (3rd), New Zealand (4th), Finland (5th), Ireland (6th), Denmark (7th), Canada (8th), Australia (9th) and Switzerland (10th).

India Ranks 80th among 180 Countries in Corruption Perception Index 2019: Transparency International

India has been ranked at the 80th position among 180 countries in the Corruption Perception Index (CPI) 2019 prepared by Transparency International.
The CPI Index, released at the WEF 2020 in Davos, ranks countries and territories on how corrupt their public sectors are perceived by the experts and business people.
Denmark and New Zealand jointly scored the top spot with a score of 87.
With a score of 41, India shares the 80th spot with China, Benin, Ghana and Morocco.

The Top 10 countries include

1. Denmark

1. New Zealand

3. Finland

4. Singapore

4. Sweden

4. Switzerland

7. Norway

8. Netherlands

9. Germany

9. Luxembourg

RBI Raises FPI Investment Limit in Government and Corporate bonds from 20% to 30%

The Reserve Bank of India (RBI) has raised the investment limit for Foreign Portfolio Investor (FPI) in government and corporate bonds, in a move to bring in more foreign funds in the country.
Under the new norms, the short term investment limit for FPI has now been increased from 20 percent to 30 percent for both, government and corporate bonds.
Until now, short-term investments by a foreign portfolio investor (FPI) could not exceed 20 percent of the total investment of that FPI in either central government securities (including treasury bills) or state development loans or even in corporate bonds.
Besides this, RBI has also made relaxation in the Voluntary Retention Route (VRR) for FPI investments in debt.
The investment cap through VRR has been doubled to Rs 1.5 lakh crore, from 75,000 crore.
Additionally, FPIs are now also allowed to invest in exchange-traded funds (ETF), that invest only in debt instruments.

IndusInd Bank Launches Wealth Management Platform ‘PIONEER’ Banking

Private sector lender IndusInd Bank has launched its wealth management platform under the name “Pioneer Banking”.
The new offering will cater to the distinct and advanced wealth needs of the high net-worth customers of the bank.

DMMC Uttarakhand and IPS Kumar Munnan Singh jointly win 2020 Subhash Chandra Bose Aapda Prabandhan Puraskar

The Disaster Mitigation And Management Centre (DMMC), Uttarakhand and IPS officer Shri Kumar Munnan Singh, ex-DG CISF, has been conferred with the Subhash Chandra Bose Aapda Prabandhan Puraskar 2020.
DMMC received the award in Institutional category while Mr Kumar received in Individual category.

World Archery Conditionally Lifts Ban Imposed on Archery Association of India

The World Archery has lifted the suspension on Archery Association of India with effect from 23 January 2020, however, it is subjected to certain conditions.
AAI had been suspended since 5 August 2019, allowing Indian Archers to participate only under the World Archery flag until suspension is lifted
With the lifting on the ban, Indian archers are now free to compete under the Indian flag and can now focus on getting ready for the 2020 Olympic Games in Tokyo.
World Archery has instructed the AAI to change its constitution regarding the membership of sportspersons, resolve operational issues and prepare a strategic plan, as well as submit quarterly reports on these issues.

Rowing Federation of India lifts two-year suspension on Rower Dattu Bhokanal

On 23 January 2020, the Rowing Federation of India (RFI) removed the two-year ban imposed on 2018 Asian Games gold medallist rower and Olympian Dattu Baban Bhokanal, after the intervention of the Indian Olympic Association President Narinder Batra.
Bhokanal’s ban, which was imposed on April 30, 2019, was set to end on April 30, 2021.
Now India’s top rower, Bhokanal will be able to participate in the Olympic Qualification Regatta to be held at Chungju, South Korea from April 27-30, 2020.

Sports Ministry derecognise RFI

The RFI itself has been derecognized by the Union Sports Ministry on 21 January 2020 for violating the 2011 Sports Code during its elections in December 2019.
The Indian Olympic Association (IOA) has been tasked with forming a committee to discharge the functions of the rowing body.

IWF President Tamas Ajan Steps aside for 90 days after doping, misgovernance allegations

The International Weightlifting Federation (IWF) president Tamas Ajan has stepped aside to voluntarily cease his duties for 90 days while an independent investigation into allegations of corruption and doping violations are being carried out against him.
Ajan has till then delegated the operational responsibilities to IWF Vice-president Ursula Papandrea, who also is the President of USA Weightlifting.
International Weightlifting Federation (IWF) headquarter: Budapest, Hungary

National Girl Child Day: 24 January

The National Girl Child Day is celebrated in India on 24 January annually.
The day was started by the Union Ministry of Women and Child Development in January 2008.

International Day of Education: 24 January

International Day of Education is celebrated globally on 24 January annually to celebrate the role of education in bringing global peace and sustainable development..
The theme of 2020 International Day of Education is “Learning for people, planet, prosperity and peace”.
On 3rd December 2018, the United Nations General Assembly adopted a resolution proclaiming January 24 as International Day of Education.
The first International Day of Education was held in 2019.

Daily Current Affairs – 24 January 2020