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Current Affairs 03 February 2024
1.China overtook Japan as the world’s biggest vehicle exporter 2023
- China’s global dominance in electric cars
helped it overtake Japan as the world’s biggest vehicle exporter last year, official data confirmed. Japanese giants such as Toyota and Nissan have been much more cautious than their Chinese counterparts like BYD on electric vehicles (EVs), banking instead on hybrid models. - Figures released by the Japan Automobile Manufacturers Association showed shipments of cars, trucks and buses rising 16 percent to 4.42 million last year. China’s customs bureau put the number even higher at 5.22 million, a huge year-on-year rise of 57 percent, with one in three fully electric vehicles.
Foot Note:
About China:
Capital: Beijing
President: Xi Jinping
Prime Minister: Li Qiang
2. Prime Minister to inaugurate and lay foundation stones of various developmental initiatives in Guwahati
- Prime Minister Narendra Modi will
inaugurate and lay the foundation stones of various developmental initiatives worth 11,599 crore rupees in Assam. The Assam Chief Minister Dr. Himanta Biswa Sarmainformed that the Prime Minister will reach Guwahati for a two-day visit. - Sarma informed that the Prime Minister will inaugurate and lay the foundation stones of several projects virtually from the public meeting at the Veterinary College Play Ground in Guwahati. The Prime Minister will lay the foundation stone of the project and it will be the biggest sports complex in the entire Eastern India.
3. Government of Karnataka announces a digital detox initiative to bring in a responsible gaming environment
- In an era where digital devices have
become an extension of our lives, the Government of Karnataka has taken a pioneering step towards fostering a healthier digital ecosystem. Recognizing the need to mitigate the adverse effects of excessive online gaming, the state has announced a groundbreaking digital detox initiative to create a responsible gaming environment. This move not only highlights the government’s commitment to public health but also sets a precedent for digital wellbeing. - Excessive screen time and unregulated gaming have been linked to various physical and psychological issues, including eye strain, sleep disturbances, and decreased social interactions. The digital detox initiative emerges as a necessary response to these challenges, encouraging individuals, especially the youth, to balance their digital and real-world engagements.
Foot Note:
About Karnataka :
Capital: Bengaluru
Governor: Thawar Chand Gehlot
Chief Minister: Siddaramaiah
4. Khelo India concludes, Tamil Nadu announces new sports scheme ‘Kalaignar Sports Kit’
- Tamil Nadu Youth Welfare and Sports
Development Minister Udhayanidhi Stalin recently announced a pioneering scheme aimed at nurturing sports talent at the grassroots level. Named after the late Kalaignar Karunanidhi, the ‘Kalaignar Sports Kit’ initiative is set to provide sporting kits to 12,000 village panchayats across the state. - The launch of the Kalaignar Sports Kit scheme coincides with the birth centenary of Kalaignar Karunanidhi, a towering figure in Tamil Nadu politics and culture. The initiative seeks to honor his legacy by promoting sports development among the youth of Tamil Nadu.
Foot Note:
About Tamil Nadu:
Capital: Chennai
Governor: N. Ravi
Chief Minister: M K Stalin
5. Government Pegs FY’25 Disinvestment Target At Rs 50,000 Crore
- The government pegged disinvestment
target for 2024-25 fiscal at Rs 50,000 crore in the interim budget for 2024-25, up from Rs 30,000 crore in the revised estimate for the current financial year.During the current fiscal (2023-24), the revised estimates of disinvestment mop-up has been pegged at Rs 30,000 crore, lower than Rs 51,000 crore budgeted at the time of presentation of Budget last year. - As per the Interim Budget 2024-25 document tabled in the Lok Sabha, the government is not expected to receive any money from monetisation of public assets in the current fiscal. In 2018-19, the government collected RS 84,972 crore from CPSE disinvestment, higher than Rs 80,000 crore pegged in the Budget for that year.
6. RBI’s digital payments index jumps to 418.77 in September from 395.57 in March
- The Reserve Bank Of India's Digital
Payments Index for September 2023 stood at 418.77, as opposed to 395.57 in March 2023. This index captures the extent of digitisation of payments across the country. The central bank has been publishing this index since January 2021, with March 2018 as the base of 100. - The index has recorded growth across all sectors and was driven particularly by payments across the country. The value of payments done via UPI in December was over ₹18.2 lakh crore, up from ₹12.8 lakh crore a year ago, according to the data from the National Payments Corporation of India.
Foot Note:
About RBI:
Governor: Shaktikanta Das
Founded: 1 April 1935, Kolkata
Founder: British Raj
7. Indian sugar mills body second estimate pegs output at 33 million tonnes, down 10%
- Government keeps the quantity of the
cereal offered in e-auctions unchanged at 4.5 lakh tonnes With 4.25 lakh tonnes (lt) of wheat sold in Wednesday’s auction by the Food Corporation of India (FCI), the Indian government has so far sold 75.26 lt since it started selling wheat to augment open market availability from June 28. - Releasing the second advance estimates of sugar production for the 2023-24 season, ISMA said the gross production in Maharashtra is estimated to fall to 9.99 mt from 11.85 mt and in Karnataka to 4.97 mt from 6.58 mt.
8. Wistron Signs MoU With Karnataka Government For Laptop Making Unit
- The government of Karnataka and
Wistron (ICT Service Management Solutions) signed a memorandum of understanding (MoU) to set up a laptop manufacturing plant. Under the MoU, the Taiwan-based company would invest ₹1,500 crore which is likely to create around 3,000 employment opportunities. - The global company known for technology service-providing products has planned to commence works related to setting up the plant in July 2024 and to start manufacturing laptops by January 2026.
Foot Note:
About Karnataka:
Capital: Bengaluru
Chief Minister: Siddaramaiah
Governor: Thawar Chand Gehlot
9. Kavita Sahai becomes 1st woman Lt General to command Lucknow’s Army medical college
- Lieutenant General Kavita Sahai
became the first woman to be appointed as the Commandant of Army Medical Corps Centre and College in Lucknow. Lieutenant General Sahai is an alumnus of Armed Forces Medical College in Pune and was commissioned in the Army Medical Corps in 1986. - She completed her Doctor of Medicine in Pathology in 1994 and completed her Diplomate of National Board in Pathology in 1997 from AFMC in Pune. During her 37 years of service, the Lt General has held various important posts, including the Head of Department of Lab Medicine at Base Hospital, Delhi Cantt, Professor in Department of Pathology at AFMC and Head of Department in Lab Medicine at Army Hosp (R&R) New Delhi.
10. JMM’s Champai Soren takes oath as Jharkhand CM
- JMM legislature party leader Champai
Soren took oath as the Chief Minister of Jharkhand. He was administered the oath of office by Governor C P Radhakrishnan at the Raj Bhavan here. Along with Champai Soren, senior Congress leader Alamgir Alam and RJD leader Satyanand Bhokta took oath as state ministers. - This was after Jharkhand governor CP Radhakrishnan, in a late-night development, invited the loyalist of JMM leader Hemant Soren to Raj Bhavan to form the government. Champai Soren has also been asked to demonstrate his majority in a floor test, to be held within the next 10 days.
Foot Note:
About Jharkhand:
Capital: Ranchi
Governor: P. Radhakrishnan
Chief Minister: Champai Soren
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