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13 APRIL 2022 DAILY CURRENT AFFAIRS | UPSC CDS CAPF AFCAT NDA SSB

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Written by NDI EDITOR

Apr 13 2022

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13 APRIL 2022 DAILY CURRENT AFFAIRS | UPSC CDS CAPF AFCAT NDA SSB
1. RETAIL INFLATION
Retail inflation accelerated sharply to 6.95% in March, the fastest pace of price gains in almost a year and a half, and marked the third straight month when inflation exceeded the Reserve Bank of India’s tolerance threshold of 6%.

About:

  • A surge in food price inflation, which quickened to 7.68% from 5.85% in February, combined with rising fuel prices and producers passing on higher commodity prices and input costs to consumers across goods and services to drive the overall Consumer Price Index (CPI)-based inflation print to a 17-month high.

  • Consumers in rural India faced a higher level of inflation than urban residents, with overall rural inflation 154 basis points higher at 7.66%, as the rural food price index sped past 8% to 8.04% in March, from February’s 5.81%.

  • The uptick in fuel prices and their ripple effects on transport and logistics costs are expected to intensify in April.
Source : The Hindu

2. SRI LANKA FINANCIAL CRISIS
Sri Lanka announced a pre-emptive default on all its foreign debt totalling $51 billion as a “last resort”, while the island nation struggles to cope with a grave economic crisis.

About:

  • The government is taking the “emergency measures”, pending full discussions with the International Monetary Fund (IMF) from which it has sought help, only to prevent a further deterioration of the country’s financial position, the Finance Ministry said.

  • A comprehensive debt restructuring programme is now “inescapable”, it noted in a statement.

  • The decision comes on the heels of two other key policy changes. Sri Lanka floated the rupee early March, allowing for a stark depreciation of its value, it was nearly 320 against a U.S. dollar.

  • More recently, the Central Bank increased interest rates by 7 percentage points in a bid to tighten monetary policy, apparently in preparation of an IMF package that the government wants to “expedite”.

  • Despite economic strains in the past, Sri Lanka had maintained an unblemished record of debt servicing that made the country a favourable partner for creditors.
Source: The Hindu

3. SOLAR CAPACITY
India is likely to miss its 2022 target of installing 100 gigawatts (GW) of solar power capacity, largely due to inadequate uptake of rooftop solar, according to a report by JMK Research and the Institute for Energy Economics and Financial Analysis (IEEFA).

About:

  • As of December 2021, India’s cumulative installed solar capacity was 55 GW, with grid-connected utility-scale projects making up 77% of the total and the rest from grid-connected rooftop solar (20%) and mini or micro off-grid projects (3%).

  • With just eight months of 2022 remaining, only about 50% of the 100GW target, consisting of 60 GW of utility-scale and 40 GW of rooftop solar capacity, has been met.

  • Approximately 19 GW of solar capacity is expected to be added in 2022 — 15.8 GW from utility-scale and 3.5 GW from rooftop solar.
Source: The Hindu

4. ELECTING INDIA’S PRESIDENT
The tenure of the current President of India Ram Nath Kovind is set to end in July this year, which is also when the 16th Indian Presidential election will be held to elect his successor.

About:

  • The Indian President is elected through an electoral college system, wherein the votes are cast by national and State-level lawmakers. The elections are conducted and overseen by the Election Commission (EC) of India.

  • The electoral college is made up of all the elected members of the Upper and Lower Houses of Parliament (Rajya Sabha and Lok Sabha MPs), and the elected members of the Legislative Assemblies of States and Union Territories (MLAs).

  • This means, in the upcoming polls, the number of electors will be 4,896 — 543 Lok Sabha MPs, 233 MPs of the Rajya Sabha, and 4,120 MLAs of all States, including the National Capital Territory (NCT) of Delhi and Union Territory of Puducherry.
Source: The Hindu

5. CANISTER LAUNCHED ANTI-ARMOUR LOITER AMMUNITION
The Army has issued a Request for Information (RFI) for anti-armour loiter ammunition for its mechanised forces which can be used on enemy tanks and other targets in the plains and deserts of Western India as well as on high altitude areas in the Northern borders in Ladakh.

About:

  • The CALM System is a pre-loaded canister with loiter ammunition or a drone which once fired can remain aloft for a period of time over the area of operation, and when a target is sighted it can be guided down to destroy the target with the explosive payload that it carries.

  • Usually, loiter ammunitions carry a camera which is nose-mounted and which can be used by the operator to see the area of operation and choose targets.

  • These munitions also have variants which can be recovered and reused in case they are not used for any strike.
Source: Indian Express
6. MIDDAY MEAL
From the next academic session, Karnataka is likely to become the 13th state to provide eggs under the midday meal scheme, which is among the largest initiatives in the world to enhance nutrition levels of school-going children through hot cooked meals.

About:

  • The current version of the programme, renamed PM Poshan Shakti Nirman or PM Poshan in 2021, traces its roots to 1995; it was launched as a centrally sponsored scheme on August 15 that year across 2,408 blocks for students up to Class 5.

  • In 2007, the UPA government expanded it to Class 8.

  • The scheme covers 11.80 crore children across Classes 1 to 8 (age group 6 to 14) in11.20 lakh government and government-aided schools and those run by local bodies such as the municipal corporations in Delhi under the provisions of the National Food Security Act, 2013 (NFSA).
Source: Indian Express

7. ROPEWAYS
The rescue operation in the ropeway accident in Jharkhand’s Deoghar district ended on April 12 with three deaths.

About:

  • The process to build the ropeway started in 2010 after the Jharkhand government gave the consultancy to RITES, a Government of India enterprise under the aegis of Indian Railways.

  • Thereafter, Damodar Ropeways and Infra Limited (DRIL) was given the contract through a tendering process. 

Do You know?

  • Union Finance Minister while presenting Union Budget for 2022-23 announced National Ropeways Development Programme – “Parvatmala” -- will be taken up on PPP mode, which will be a preferred ecologically sustainable alternative in place of conventional roads in difficult hilly areas.
Source : PIB

8. PRADHANMANTRI SANGRAHALAYA
Prime Minister Shri Narendra Modi will inaugurate the Pradhanmantri Sangrahalaya on 14th April, 2022.

About:

  • The Sangrahalaya, being inaugurated during the celebration of Azadi ka Amrit Mahotsav, tells the story of India after Independence through the lives and contributions of its Prime Ministers.

  • The Pradhanmantri Sangrahalaya is a tribute to every Prime Minister of India since Independence, irrespective of their ideology or tenure in office.

  • The Sangrahalaya integrates the erstwhile Teen Murti Bhawan designated as Block I, with the newly constructed building designated as Block II.

  • The logo of the Sangrahalaya represents the hands of the people of India holding the Dharma Chakra symbolizing the nation and democracy.
Source: PIB

9. PATENT FILING
In India, for the first time in the last 11 years, the number of domestic patent filing has surpassed the number of international patent filing at Indian patent office in the Quarter Jan-Mar 2022.

Key achievements:

  • This means the total 19796 patent applications filed, 10706 were filed by Indian applicants against 9090 by non-Indian applicants. This is represented as under:

  • Filing of patents have increased from 42763 in 2014-15 to 66440 in 2021-22, more that 50% increase in a span of 7 years

  • Nearly five times increase in grant of patents in 2021-22 (30,074) as compared to 2014-15 (5978)

  • Reduction in Time of patent examination from 72 months in Dec 2016 to 5-23 months at present, for different technological areas

  • India’s ranking in Global Innovation Index has increased to 46th in 2021 (+35 ranks) as compared to from 81st in 2015-16
Source: PIB

10. UTSAV PORTAL
Union Minister for Tourism, Culture and DONER G. Kishan Reddy inaugurated the 2 days Conference of Amrit Samagam being held from 12th – 13th April in New Delhi. During the Conference, he also launched the Utsav Portal.

About:

  • The Utsav Portal website, a digital initiative launched by the Ministry of Tourism, aims to showcase all the events, festivals and live darshans across India to promote different regions of the country as popular tourist destinations worldwide.

  • The objective is to showcase various elements, dates and details of the events and festivals of India on a global platform and increase tourism awareness, attractions, and opportunities by providing tourists with contextual digital experiences in the form of visually appealing photographs and stills from the events.

  • Additionally, the objective is also to let the devotees and travelers experience and view the sights of some of the well-known religious divine shrines in India in the form of Live Darshan.
Source : PIB
About Authour
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Written by NDI EDITOR

National Defence Institute's Editor

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