1. INFLATION
India’s retail inflation accelerated past the 6% mark in January to hit 6.01%, breaching the central bank’s tolerance threshold for consumer price inflation for the first time since June 2021. Retail inflation was 5.66% in December 2021.
About:
- Rural India bore the brunt of the inflation spike as per official data, with the pace of price rise touching 6.12% from 5.36% in December.
- Inflation in urban India was virtually unchanged at 5.91% in January, from 5.9% a month earlier.
- Food inflation is high mainly due to the higher edible oils component, but the overall basket is below the headline number at 5.6%.
Inflation Targeting
- In a notification on March 31, 2021, the Central Government, in consultation with the RBI, retained the inflation target at 4 per cent (with the upper tolerance level of 6 per cent and the lower tolerance level of 2 per cent) for the 5-year period April 1, 2021 to March 31, 2026.
2. GRANTS FOR NON-MILLION PLUS CITIES
Department of Expenditure, Ministry of Finance released an amount of 1154.90 crore rupees to four states for providing grants to Urban Local Bodies.
About:
- The States to which grants were released are Andhra Pradesh, Bihar, Gujarat, and Sikkim.
- The grants released are meant for Non-Million Plus cities including Cantonment Boards.
15th Finance Commission
- The 15th Finance Commission in its report for the period from 2021-22 to 2025-26 has divided the Urban Local Bodies into two categories.
- These are Million-Plus urban agglomerations and cities excluding Delhi and Srinagar, and all other cities and towns with less than one million population. The 15th Finance Commission has recommended separate grants for them.
- Out of the total grants recommended by the Commission for Non-Million Plus cities, 40 percent is a basic grant and the remaining 60 percent is a tied grant. Basic grants are utilized for location-specific felt needs, except for payment of salary and incurring other establishment expenditures.
- On the other hand, tied grants for the Non-Million Plus cities are released for supporting and strengthening the delivery of basic services.
- Out of the total tied grant, 50 percent is earmarked for ‘Sanitation Solid Waste Management and attainment of star ratings as developed by the Ministry of Housing and Urban Affairs. The remaining 50 percent is tied to ‘Drinking water, rainwater harvesting and water recycling'.
3. INDIA-KENYA TIES
Prime Minister Narendra Modi met former Prime Minister of Kenya Raila Amolo Odinga who is currently in India on a private visit.
About:
- The two leaders share friendly personal relations going back decades. Mr Modi expressed his happiness at being able to meet Mr. Odinga after almost three and half years.
- He recollected his multiple interactions with Mr. Odinga since 2008 in both India and Kenya, as well as the latter’s support to the Vibrant Gujarat Summit in 2009 and 2012.
Kenya
- Kenya is a country in Eastern Africa.
- Kenya's capital and largest city is Nairobi, while its oldest city and first capital is the coastal city of Mombasa.
- Kenya is bordered by South Sudan to the northwest, Ethiopia to the north, Somalia to the east, Uganda to the west, Tanzania to the south, and the Indian Ocean to the southeast.
India-Kenya Ties
- Kenya has a large minority of Indians and Persons of Indian Origin living there who are descendants of labourers who were brought in by the British to construct the Uganda Railway .
- Kenya and India are members of international fora like United Nations, Non-Aligned Movement, Commonwealth of Nations, G-77 and G-15 and the Indian Ocean Rim Association for Regional Cooperation and often cooperate with each other on these fora.
4. SATELLITE BROADBAND SERVICES
Digital services company Jio Platforms has formed a joint-venture with Luxembourg-based satellite-linked content connectivity solutions provider SES to deliver satellite broadband services across India.
About:
- The joint venture will use multi-orbit space networks that is a combination of GEO (geostationary equatorial orbit) and MEO (medium earth orbit) satellite constellations capable of delivering multi-gigabit links and capacity to enterprises, mobile backhaul and retail customers across the length and breadth of India and neighbouring regions.
- The joint venture will be the vehicle for providing SES’s satellite data and connectivity services in India, except for certain international aeronautical and maritime customers who may be served by SES.
- It will have availability of up to 100 Gbps capacity from SES.
Jio’s proposed satellite broadband service vs Starlink or OneWeb
- SES primarily has satellites in the GEO and the MEO, while those of Elon Musk-led Starlink and Bharti Group’s OneWeb are in low earth orbit (LEO).
- While GEO satellites are positioned at an altitude of 36,000 km, MEO and LEO are lower at altitudes of 5,000-20,000km and 500-1,200 km, respectively.
- The altitude of the satellite is directly proportional to the area of earth that it covers. Therefore, the higher a satellite is positioned, the larger an area it covers.
5. GOVERNMENT BAN ON CHINA-LINKED APPS IN INDIA
The Ministry of Electronics and Information Technology (MeitY) issued orders to ban 54 more apps, which either have originated in China or have some Chinese connection. These apps were banned for being a threat to national security.
About:
- As per the new list, video editing apps such as Viva Video Editor- Snack Video Maker with Music and Nice Video Baidu, which are used extensively for making short videos, games such as Onmyoji Chess and Conquer Online II have been banned in India.
- Garena Free Fire– Illuminate, a game, which had gained popularity among children, teenagers and youth in India after the ban on PUBG, has also been banned.
- The new apps, IT ministry officials said, have been banned using emergency powers under Section 69 of the Information Technology Act.
- Most of these apps, the officials said, were operating as clones or shadow apps of the apps that had earlier been banned by the government.
- The ban on these apps was recommended by the Ministry of Home Affairs, IT ministry officials said, adding that they have also been removed from the Google PlayStore.
Source : Indian Express
6. LASSA FEVER
One of the three persons diagnosed with Lassa fever in the UK has died on February 11. The cases have been linked to travel to west African countries.
About:
- The Lassa fever-causing virus is found in West Africa and was first discovered in 1969 in Lassa, Nigeria.
- The fever is spread by rats and is primarily found in countries in West Africa including Sierra Leone, Liberia, Guinea, and Nigeria where it is endemic.
- A person can become infected if they come in contact with household items of food that is contaminated with the urine or feces of an infected rat.
- It can also be spread, though rarely, if a person comes in contact with a sick person’s infected bodily fluids or through mucous membranes such as the eyes, nose or the mouth. Person-to-person transmission is more common in healthcare settings.
- Symptoms typically appear 1-3 weeks after exposure. Mild symptoms include slight fever, fatigue, weakness and headache and more serious symptoms include bleeding, difficulty breathing, vomiting, facial swelling, pain in the chest, back, and abdomen and shock.
- Death can occur from two weeks of the onset of symptoms, usually as a result of multi-organ failure.
- The best way to avoid getting infected is to avoid contact with rats.
- This means avoiding contact with rats not only in places where the disease is endemic, but also maintaining hygiene in other areas to prevent rats from entering the house, keeping food in rat-proof containers and laying down rat traps, the CDC advises.
7. LANGUAGE-DOMICILE PROTEST IN JHARKHAND
Several parts of Jharkhand are seeing massive protests against the inclusion of Bhojpuri and Magahi as “regional languages” in district-level competitive examinations for government jobs.
About:
- On December 24, the Jharkhand Personnel, Administrative Reforms, and Rajbhasha Department issued a notification to include Magahi, Bhojpuri, and Angika among others as regional languages in the district-level selection process through exams conducted by the Jharkhand Staff Selection Commission (JSSC).
- The notification triggered resentment in a section of people especially in Bokaro and Dhanbad, who saw the inclusion of Bhojpuri and Magahi as an “infringement” on the rights of Adivasis and Moolvasis.
- The protesters argue that the “low population” of Magahi and Bhojpuri speakers in these two districts did not “warrant” the inclusion of these languages in the job selection process.
- Anecdotal evidence suggests there is a relatively small number of Magahi- and Bhojpuri-speaking people in these districts; however, no precise data are available.
Source : Indian Express
8. AGRICULTURE EXPORTS
India's export of Shallots sees a boom with a growth of 487% since 2013.
Exports of Shallots
- Exports of Shallots rose from USD 2 Million in April-December 2013 to USD 11.6 Million in April-December 2021.
- Major export destinations during April-December 2021 were Sri Lanka (35.9%), Malaysia (29.4%), Thailand (12%), U Arab E (7.5%) & Singapore (5.8%).
- The shallot is a botanical variety (a cultivar) of the onion. Until 2010, the shallot was classified as a separate species. Its close relatives include garlic, scallions, leeks, chives, and the Chinese onion.
Exports of Pineapple
- India’s export of Pineapple also rose by almost 100% to USD 3.26 Million during April-December 2021 compared to USD 1.63 Million during April-December 2013.
- Major export destinations for Pineapple during April-December 2021 were U A E (32.2%), Nepal (22.7%), Qatar (16.6%), Maldives (13.2%) & U S A (7.1%).
9. CRUDE PALM OIL (CPO)
With a view to check any further rise in the prices of domestic edible oils due to rise in the prices of edible oils globally, the Government of India has reduced the agri-cess for Crude Palm Oil (CPO) from 7.5% to 5% with effect from 12th February, 2022.
Agri-Cess
- After reduction of the agri-cess, the import tax gap between CPO and Refined Palm Oil has increased to 8.25%.
- The increase in the gap between the CPO and Refined Palm Oil will benefit the domestic refining industry to import Crude Oil for refining.
Import Duty
- Another pre-emptive measure taken by the Government to check the prices of edible oils is to extend the current basic rate of import duty of zero percent on Crude Palm Oil, Crude Soyabean oil and Crude Sunflower Oil upto 30th September, 2022.
- The rate of import duty on Refined Palm Oils at 12.5%, Refined Soyabean oil and Refined Sunflower Oil at 17.5% will remain in force up to 30th September, 2022.
- The above steps will augment the earlier measure taken by the Government viz. the stock limit order dated 3rd February, 2022 vide which the Government had specified the stock limit quantities on edible oils and oilseeds for a period upto 30th June, 2022 under the Essential Commodities Act, 1955.
10. MEDARAM JATHARA
The Ministry of Tribal Affairs has sanctioned ₹2.26 Crores for various activities pertaining to Medaram Jathara 2022.
About:
- Medaram Jatara is the second-largest fair of India, after the Kumbh Mela, celebrated by the second-largest Tribal Community of Telangana- the Koya tribe for four days.
- This year it is being celebrated from 16th-19th February, 2022.
- The activities for which funds have been sanctioned by the Union Tribal Affairs Ministry include promotion of Medaram, Tribal Culture and Heritage, inclusive of the execution of the protection wall to the Sanctum of Chilakalagutta and Murals on the walls and the Cultural Complex – Model Koya Tribal Village in the premises of Museum.
- Considering the footfall of the festival and its auspicious significance, the Jathara was declared a State Festival in 1996.
Source : PIB