1) Chandigarh became the first Union Territory in India to launch Carbon Watch
•Chandigarh became the first state or Union Territory in India to launch Carbon Watch, a mobile application to assess the carbon footprint of an individual. Although the app can be accessed by everyone, it has specific options for the residents of Chandigarh to compile a detailed study. The application can be downloaded through a QR code in Android supported smart cell phones.
What is the Carbon Footprint?
•Carbon footprint is the amount of greenhouse gases-especially carbon dioxide-released into the atmosphere by particular human activity.
2) Union Cabinet approves President’s Rule in Puducherry
•The Union Cabinet has approved to dissolve the Puducherry Assembly and impose President’s rule in the Union Territory, following the resignation of the Chief Minister, V Narayanasamy, whose government lost majority power in the assembly. The decision was taken as no party claimed to form a government, following which, Lieutenant Governor Tamilisai Soundararajan had recommended President’s Rule.
•The approval will now be sent to the President, Ramnath Kovind. The legislative assembly of the UT will be dissolved once the President accords his permission. Prior to this, the President’s rule was imposed in Puducherry between March and July in 1991 when the JD-DMK coalition government fell.
3) Piyush Goyal addresses 6th International Conference on Pharmaceutical & Medical Devices
•The 6th edition of the International Conference on Pharmaceutical & Medical Device sector was inaugurated by Union Minister of Railways, Commerce & Industry, and Consumer Affairs and Food & Public Distribution Piyush Goyal. The conference which includes INDIA PHARMA 2021 & INDIA MEDICAL DEVICE 2021 is scheduled to take place from February 25-26, 2021 & March 1-2, 2021.
4) India, Australia and France hold trilateral dialogue with focus on Indo-Pacific
•A trilateral dialogue was held among India, France, and Australia on February 24, 2021, at the senior officials’ level, with a focus on further enhancing cooperation in the Indo-Pacific. The aim of this trilateral dialogue is to build strong bilateral relation among the three countries and synergies their respective strength to ensure a peaceful, secure, prosperous and rules-based Indo-Pacific region.
•It must be remembered that the first India-France-Australia Trilateral Dialogue was held virtually on September 9, 2020, at Foreign Secretary-level, for better coordination in the region.
•At the senior official level, the Indian side was led by Joint Secretary (Europe West) in MEA, Sandeep Chakravorty, while the French side was led by Bertrand Lortholary, Director (Asia and Oceania), and the Australian side was led by Mr Gary Cowan, First Assistant Secretary (North and South Asia Division) and Mr John Geering, First Assistant Secretary (Europe and Latin America Division).
5) Irakli Garibashvili as New Prime Minister of Georgia
•The Parliament of Georgia confirmed Irakli Garibashvili as Prime Minister along with a vote of confidence in the cabinet Garibashvili put forward. Garibashvili pledged to create a long-term development strategy for Georgia in his first one hundred days in office.
•First, on the agenda, Garibashvili will continue the essential work of the government to ably manage the pandemic and accelerate the focus on rebuilding the economy while continuing to strengthen Georgia’s security and democratic institutions.
6) Moody’s projects India’s GDP to contract 7% in FY21
•The US-based rating agency Moody’s has revised its growth projection for India, and now expects the economy to contract 7 per cent in fiscal 2020-21 (FY21). This is lower than its previous estimate of 10.6 per cent contraction. For the next financial year, FY22, beginning April 1, Moody’s has projected the economy to grow to 13.7 per cent, as compared to 10.8 per cent estimated earlier.
7) ICRA expects Indian economy to contract 7% in FY21
•India’s rating agency, ICRA has projected the Indian economy to contract 7 percent in the current fiscal (FY21). For the next fiscal, i.e. FY22 (2021-22), ICRA expects a considerable rebound in India’s economic growth to 10.5 per cent due to higher central government spending, and a pick-up in consumption.
8) Dushyant Chautala re-elected as President of TTFI
•Dushyant Chautala has been re-elected as the President of Table Tennis Federation of India (TTFI) for a period of four years. He was elected unanimously during the 84th annual meeting of the TTFI, on February 24, 2021. He is also the current Deputy Chief Minister of Haryana. The 32-year-old was first elected as President of the TTFI in January 2017, becoming the youngest President in the history of TTFI.
9) Gautam Thakar made global CEO of OLX Autos
•OLXGroup appoints Gautam Thakar as global CEO of OLX Autos. He will lead a worldwide organisation with a workforce of more than 4,000 employees across Asia, Africa, Latam, and the United States. OLXGroup announced the appointment of Gautam Thakar as global CEO of OLX Autos effective March 15, 2021.
