Current Affair Jan 14


NATIONAL

Bhogi being celebrated in South India
  • Bhogi is celebrated on 14 January 2020 in Tamil Nadu and several other parth of Southern India.
  • It marks the last day of the month of Maargazhi in the Tamil calendar.
  • On Bhogi day, redundant or unusable materials are disposed of, to welcome the auspicious Pongal festival on 15 Jan 2020.
  • Bhogi is a prelude to the grand Pongal festivities.

Armed Forces Veterans Day: 14 January
  • Armed forces Veteran Day is observed each year on 14th January.
  • The day is being celebrated since 2017.
  • The day was initially called Armistice Day.
  • The day is observed as a mark of respect and recognition of the service rendered by Field Marshal KM Cariappa OBE - the first Indian Commander-in-chief of the Indian Armed Forces who retired on 14 January 1953.

Raisina Dialogue to begin
  • India's flagship global conference on geopolitics and geo-economics Raisina Dialogue began with Prime Minister Narendra Modi attending the inaugural session in New Delhi.
  • Seven former heads of state or government will share their views on important challenges facing the world.
  • The fifth edition of the prestigious Raisina Dialogue, jointly organised by the Ministry of External Affairs and the Observer Research Foundation, will bring together 700 international participants from over a 100 countries.
  • The three-day conference will see participation of 12 foreign ministers, including from Russia, Iran, Australia, Maldives, South Africa, Estonia, Czech Republic, Denmark, Hungary, Latvia, Uzbekistan and the EU.

Classical Telugu Centre in Andhra Pradesh
  • Vice President Venkaiah Naidu will inaugurate a new Centre of Excellence for Studies in Classical Telugu (CESCT) in Nellore district of Andhra Pradesh on 21 January 2020.
  • The establishment of this Centre would facilitate to focus its activities for the developmetn of the rich classical Telugu through Research, seminars, debates and various activities.
  • CESCT was eaarlier functioning from Mysore.

Fasal Bima Yojana being implemented.
  • The Centre is implementing Pradhan Mantri Fasal Bima Yojana (PMFBY).
  • The scheme was launched in February 2016.
  • The scheme provides comprehensive insurance coverage against crop loss on account of non-preventable natural risks, thus helping stabilise farmers income.
  • Under it, there is a uniform premium of only 2% to be paid by farmers for all Kharif crops and 1.5% for all Rabi crops.

Japan Coast Guard Ship ‘Echigo’ arrives in Chennai
  • The Japan Coast Guard Ship ‘Echigo’ has arrived in Chennai on a five-day goodwill visit.
  • It will be participating in the Annual Joint Exercise ‘Sahyog-Kaijin’ with the Indian Coast Guard off Chennai.
  • This is the 19th such exercise being conducted between the two Coast Guards since 2000.
  • Four Indian Coast Guard ships, their aircraft and a vessel from the Chennai-based National Institute of Ocean Technology - NIOT are participating in the exercise along with the Japanese vessel.

INTERNATIONAL

Olympic medalist Kimia Alizadeh announces her defection
  • Iran’s Olympic medalist, Kimia Alizadeh took to her instagram to announce that she is leaving the country.
  • Alizadeh is the only woman from Iran to have won the Olympic medal.
  • She made history at the Rio Olympics in 2016, when she won the bronze medal for her country in Taekwondo.
  • Alizadeh did not announce any future plans or the country which she has gone to, but she said that she will remain the daughter of Iran.

BUSINESS

Retail inflation jumps to about 5-yr high of 7.35 pct in Dec 2019

  • 2019, surpassing the RBI's comfort level, mainly due to rise in prices of vegetables as onions.
  • As per the data released by National Statistical Office (NSO), the spike in inflation in the vegetable segment was 60.5 percent during the month compared to December 2018.
  • The overall retail inflation based on Consumer Price Index (CPI) was 2.11 per cent in December 2018 and 5.54 per cent in November 2019.
  • The previous high in retail inflation was witnessed at 7.39 per cent in July 2014, the year the Narendra Modi-led Government assumed office for the first term.
  • The Central Government has mandated the Reserve Bank of India to keep inflation in the range of four per cent with a margin of two per cent on the either side.

APPOINTMENTS

Robert Abela sworn in as Malta's new prime minister.
  • Robert Abela has been sworn in as Malta’s 14th prime minister in a ceremony at the Grand Master’s Palace in Valletta.
  • The newly-elected Labour leader succeeds Joseph Muscat.
  • Abela is the son of former President of Malta George Abela.

Michael Debaprata appointed Patra as the deputy governor of the RBI
  • The govt on 14 January 2020 appointed Michael Debaprata Patra as the deputy governor of the RBI. His appointment comes nearyly six months after former deputy governor Viral Acharya's pre-mature resignatin.




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