Here’s your daily summary of Current Affairs – March 30, 2019
Five coffee varieties get GI tag
The government on 29 March said it has awarded Geographical Indication (GI) tag to five varieties of Indian coffee including Coorg Arabica. The move is expected to help the growers get the maximum price for their premium product. The Department for Promotion of Industry and Internal Trade, under the Ministry of Commerce and Industry, has recently awarded this tag to the following:
- Araku Valley Arabica from Andhra Pradesh
- Bababudangiri Arabica coffee from Karnataka
- Coorg Arabica coffee from Karnataka
- Chikmagalur Arabica from Karnataka
- Wayanad Robusta coffee from Kerala
Lok Sabha Elections 2019: At 15,256 ft, Tashigang in Himachal Pradesh is world’s highest polling station
Tucked away deep in trans-Himalayas, Tashigang, a small Himachal Pradesh village at an altitude of 15,256 feet, is now the highest polling station in the world. The polling station falls in Buddhist-dominated Lahaul-Spiti, one of the 17 assembly segments that form the Mandi Lok Sabha seat, the second largest constituency in India. The sleepy hamlet of Tashigang also holds the title of highest village in Spiti valley. Earlier, the non-descript tiny settlement of Hikkim, positioned at an altitude of about 14,400 ft, was the highest polling station in the country.
Assam CEO Mukesh Sahu launches Enajori initiative in Guwahati
Assam Chief Electoral Officer Mukesh Sahu launched the Enajori initiative in Guwahati. It is a special initiative for persons with disabilities with an aim that ‘No Voter to be Left behind’. It is a joint initiative of CEO Assam and Social Welfare Department with an objective to make Lok Sabha Elections accessible to Persons with Disability, PwD voters.
CAD widens to 2.5% of GDP in Q3
The country’s current account deficit widened to 2.5% of GDP in the third quarter of the current fiscal from 2.1% a year ago, primarily on account of a higher trade deficit, the RBI said on 29th March. In absolute terms, the CAD, or the gap between inflow and outflow of foreign exchange in the current account, was USD 16.9 billion in the October-December 2018 period, up from USD 13.7 billion in the year-ago period.
April-February fiscal deficit at 134.2% of the revised estimate
Fiscal deficit for April-February, the eleven months of the financial year 2018-19, touched 134.2% of the revised estimate, mainly due to moderate revenue growth, data released by the Controller General of Accounts showed on 29th March. In absolute terms, the fiscal deficit for April-February 2018-19 stood at Rs 8.51 lakh crore as against the revised estimate of Rs 6.34 lakh crore for the whole year, the data showed. Finance and Economic Affairs Secretary Subhash Chandra Garg said the fiscal deficit target of 3.4% of GDP stands as of now.
PFC has been named as India’s second largest Govt-owned Financial Firm after SBI
After acquiring a majority stake in REC Ltd (formerly Rural Electrification Corporation Limited), center backed Power Finance Corporation (PFC) has become India’s second largest Govt-owned Financial Firm after State Bank of India (SBI), based on market capitalization. PFC has bought the 52.63% controlling stake in REC through Rs 14,500 crore deal with Union government.
Book “Indian Fiscal Federalism” authored by Dr. Y. V. Reddy and Dr. G. R. Reddy has been released
The Governor of the Reserve Bank of India, Shaktikanta Das launched the book “Indian Fiscal Federalism” authored by Dr. Y.V. Reddy and G.R. Reddy. The launch event of the book was addressed by the Chairman of the 15th Finance Commission NK Singh, in New Delhi. Dr. Y.V. Reddy has served as the Governor of RBI during 2003-2008 and as the Chairman of the 14th Finance Commission of India. Dr. G.R. Reddy is serving as the Advisor (Finance) to the Government of Telangana.
Justice (Retd.) DK Jain will be BCCI’s ad-hoc Ethics Officer: COA
The Committee of Administrators, COA running Indian cricket has said that the newly appointed ombudsman by the BCCI, Justice (Retd.) DK Jain will also be its ad-hoc Ethics Officer. The three-member COA requested Justice Jain earlier this month to take over as Ethics Officer on an ad-hoc basis until a permanent appointment takes place. Justice Jain, who is already looking into Hardik Pandya-KL Rahul chat show controversy, agreed to the request.
GIC India CMD Alice G. Vaidyan wins ET Prime ‘Woman CEO of the Year’ award
Alice G. Vaidyan, Chairman and Managing Director, General Insurance Corporation of India received ‘CEO of the Year’ award at the inaugural edition of ETPrime Women Leadership Awards (ETPWLA) in Mumbai on 29th March.
Sanju Samson scores the first century of IPL 2019
Rajasthan Royals batsman Sanju Samson scored the first century of IPL 2019 against Sunrisers Hyderabad at the Rajiv Gandhi International Stadium in Hyderabad on 29th March. The right-hander reached the landmark by smashing a boundary off Bhuvneshwar Kumar in the third ball of the 20th over. Samson reached the three-figure mark in 54 balls; he remained unbeaten on 102 off 55.
World Idli Day: 30th March
Idli is the most consumed breakfast in India. Each idli contains just 39 calories, 2 grams of protein, 2 grams of dietary fiber, 8 grams of carbohydrates with 1 milligram of iron. For the last three years, March 30 has been celebrated as World Idli Day, the idea being the brainchild of M. Eniyavan, founder of Mallipoo Idly, a popular chain.
World Bipolar Day: 30th March
World Bipolar Day (WBD) – an initiative of the Asian Network of Bipolar Disorder (ANBD), the International Bipolar Foundation (IBPF), and the International Society for Bipolar Disorders (ISBD) – will be celebrated each year on March 30th, the birthday of Vincent Van Gogh, who was posthumously diagnosed as probably having bipolar disorder. Bipolar disorder, also known as manic-depressive illness, is a brain disorder that causes unusual shifts in mood, energy, activity levels, and the ability to carry out day-to-day tasks.