Daily Current Affairs, 20th February 2019

1) World Day of Social Justice: 20 February

•The World Day of Social Justice is celebrated annually all over the world on 20 February. The theme for WDSJ 2019 is “If You Want Peace & Development, Work for Social Justice”. The International Labour Organization unanimously adopted the ILO Declaration on Social Justice for a Fair Globalization on 10 June 2008.

2) PM Modi Flagged Off 1st Ever Diesel To Electric Conversion Locomotive

•Under ‘Make in India’ initiative, Indian Railways has created history by converting a diesel locomotive into electric locomotive for the first time in the world. This all new converted energy-efficient electric locomotive has been flagged off by PM Narendra Modi in Varanasi.

•In a first of its kind notable initiative, the diesel locomotive which has been converted to electric locomotive by the Diesel Locomotive Works (DLW) in Varanasi. The entire project is an Indian R&D innovation for the entire world, says Indian Railways.

•The converted electric locomotive delivers 10,000 HP against 2 X 2612 HP of two diesel locomotive (92 percent more power). A 10,000 HP of haulage power is adequate to haul a load up to nearly 5300 Tonnes, providing around 2:1 HP to trailing load ratio.

3) Saudi Becomes 73rd Nation To Sign International Solar Alliance

•Saudi Arabia became the 73rd nation to sign the International Solar Alliance. ISA was unveiled by PM Narendra Modi and former French President Francois Hollande in 2015. The move came at Saudi Arabia’s Crown Prince Mohammed bin Salman visit to India.

4) Tourism Minister K.J. Alphons Inaugurated ‘Eco Circuit’ Project in Kerala

•K.J. Alphons, Union Minister for Tourism inaugurated the project ‘Development of Eco Circuit: Pathanamthitta – Gavi – Vagamon – Thekkady’ under the Swadesh Darshan scheme of Ministry of Tourism at Vagamon, Kerala.

•This Eco Circuit project was sanctioned in December 2015 for Rs. 76.55 crores. Major works carried out under the project includes Eco Adventure Tourism Park at Vagamon, Cultural Centre at Kadamanitta.

5) Development Projects Worth Rs. 3350 crores Unveiled by PM in Varanasi

•The Prime Minister, Narendra Modi unveiled development projects worth Rs. 3350 crores for Varanasi, Uttar Pradesh. These projects pertain to various sectors of Health, Sanitation, Smart City, Connectivity, Power, Housing and others.

•PM distributed certificates to the beneficiaries of various schemes. He released commemorative postage stamp on completion of 100 Years of IIT BHU. He also inaugurated BHU Cancer Centre and Bhabha Cancer Hospital, Lahartara.

6) Commerce Minister Launched ‘SWAYATT’ on GeM

•Union Minister of Commerce & Industry and Civil Aviation, Suresh Prabhu,launched SWAYATT in New Delhi. SWAYATT is an initiative to promote Start-ups, Women and Youth Advantage Through eTransactions on Government e Marketplace (GeM). This will bring together the key stakeholders within the Indian entrepreneurial ecosystem to Government e-Marketplace the national procurement portal.

•On this occasion, Commerce Minister also dedicated GeM Start-up Runway-an initiative of GeM in association with Start-up India to facilitate Start-ups registered with Start-up India to access the public procurement market and sell innovative products and services to government buyers.

7) Textiles Minister Launched 4 Projects in North-East For Development Of Silk Sector

•Union Minister of Textiles, Smriti Zubin Irani, launched four projects in North East for the development of silk sector through video conference in New Delhi. Smriti Zubin Irani inaugurated Muga silk seed production centre in Tura, Meghalaya, silk printing and processing unit in Agartala, Tripura, Eri spun silk mill in Sangaipat, Imphal and development of sericulture in Mamit, Mizoram.

•The Minister also inaugurated new office building of Weavers Service Centres (WSC) in Indore, Madhya Pradesh and Kannur, Kerala. Muga Silkworm Seed Production Centre (SSPC), Tura, Meghalaya is one of the projects taken up directly by Centre Silk Board(CSB) for implementation under Integrated Sericulture Development Project (ISDP) of NERTPS for creation of seed infrastructure units in NE States.

8) India’s First Hi-Tech Forensic Lab NCFL and CyPAD Inaugurated In New Delhi

•Cyber Prevention Awareness and Detection (CyPAD) Centre and the National Cyber Forensic Lab (NCFL) were inaugurated by Union Home Minister Rajnath Singh and LG Anil Baijal in Dwarka, New Delhi.

•To spread awareness among school students and teachers, the Ministry of Home Affairs (MHA) has started a popular Twitter handle @CyberDost.

9) Government Relaxes Angel Tax Norms For Start-ups From 7 Years To 10 Years

•The Ministry of Commerce and Industry in an attempt to provide relief to and boost investments into start-ups in India has decided to simplify the process for them to get exemptions under the Income Tax Act, 1961.

•It will now recognize an entity as a start-up up to 10 years from the date of its incorporation or registration instead of the existing duration of 7 years. It will also recognize an entity as a start-up if its turnover for any of the financial years since its incorporation or registration does not exceed Rs 100 crore unlike the previous amount of Rs 25 crore.