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Current Affairs in Short: 11 March 2019

The Board of Reserve Bank of India, which included the present Governor Shaktikanta Das as the Director, had warned of short-term negative impact of demonetisation on the country’s economic growth.

Mar 11, 2019 18:41 IST
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RBI board  warned of short-term negative impact of demonetisation on GDP

• The Board of Reserve Bank of India, which included the present Governor Shaktikanta Das as the Director, had warned of short-term negative impact of demonetisation on the country’s economic growth.
• The board observed that the move will not have any material impact on tackling the black money menace.
• The board met just two-and-a-half hours before Prime Minister Narendra Modi announced the demonetisation decision on November 8, 2016, banning the currency notes of Rs 500 and Rs 1000.
• One of the prime objectives of demonetisation was to curb black money.

PM-KISAN: Government transferred Rs 5,215 crore so far to about 2.6 crore farmers

• The Government, so far, transferred Rs 5,215 crore to over 2.6 crore small and marginal farmers under the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme.
• The scheme seeks to provide income support to all Small and Marginal landholder farmers' families with cultivable land holding up to 2 hectares across the country.
• The PM-KISAN Scheme was launched by Prime Minister Narendra Modi on February 24, 2019 from Gorakhpur, Uttar Pradesh.

Ethiopian Plane Crash: Indian High Commissioner in Ethiopia to provide all help and assistance

• External Affairs Minister Sushma Swaraj asked Indian High Commissioner in Ethiopia to provide all help and assistance to the families of those killed in plane crash in Ethopia.
• Four Indians, including an Environment Ministry consultant, were among the 157 killed in the Nairobi-bound Ethiopian Airlines crash.
• Embassy in Ethiopia informed that the deceased Indian nationals are Vaidya Pannagesh Bhaskar, Vaidya Hansin Annagesh, Nukavarapu Manisha and Shikha Garg.
• Garg was a Consultant with the Ministry of Environment and Forests and she was travelling to attend UNEP meeting in Nairobi.
• The Boeing 737 crashed minutes after take-off from Addis Ababa, killing all eight crew and 149 passengers on board.

Election Commission appoints three special observers for Jammu and Kashmir

• The Election Commission (EC) formed a three-member committee to assess the situation on the ground in Jammu and Kashmir before it takes a decision about holding the Assembly elections in the state.
• The three members of the committee are two retired IAS officers Noor Mohammed and Vinod Zutshi and a retired IPS officer, A.S. Gill.
• Commission will monitor the situation in the state on a real-time basis.

Prasar Bharati adds 11 more state Doordarshan Channels on Satellite Footprint

• Prime Minister Narendra Modi announced that Prasar Bharati has brought 11 more State DD Channels on the Satellite footprint of India through 'DD Free Dish'.
• These DD channels are Chhattisgarh, Goa, Haryana, Himachal Pradesh, Jharkhand, Manipur, Meghalaya, Mizoram, Nagaland, Tripura and Uttarakhand.
• The 11 channels include five from Northeastern states.
• Satellite network for these 11 channels through DD Free Dish will also give them an all-India presence.

India launches third IT corridor in China

• India launched its third IT corridor in China to facilitate partnerships between Indian and Chinese companies.
• National Association of Software and Services Companies (NASSCOM) entered into a partnership with China’s Xuzhou city from Jiangsu Province in China to help develop the IT corridor.
• The corridor will facilitate match-making between Indian companies wanting to collaborate with companies in China.
• The corridor will help create more jobs in China and India and facilitate talent transfer between the two countries.
• The earlier two corridors are at Dalian and Guiyang cities.

Indian Defence Lab develops 'combat drugs' to reduce casualties in warfare

• The Defence Research and Development Organisation (DRDO) medical laboratory came up with a range of 'combat casualty drugs' to reduce casualties in warfare like Pulwama terror attack.
• Spectrum includes bleeding wound sealants, super absorptive dressings and glycerinated salines that can save lives in the event of warfare in the jungle and high altitude areas.
• According to developers of the drugs, chances of survival and minimum disability are highest when effective first aid care is given within the golden hour.

PM attends 50th Raising Day celebrations of CISF

• The Prime Minister Narendra Modi attended the 50th Raising Day celebrations of Central Industrial Security Forces (CISF) at Indirapuram in Ghaziabad, Uttar Pradesh.
• The Prime Minister reviewed the parade of the CISF personnel.
• He presented the service medals for distinguished and meritorious services and laid wreath at the Martyr’s Memorial and signed the visitor’s book.
• To create awareness amongst the general public regarding the role and functions of CISF, Prime Minister suggested the idea of starting digital museums at airports and metros, showcasing the work of CISF.

Prime Minister inaugurates Pandit Deendayal Upadhyaya Institute of Archaeology at Greater Noida

• The Prime Minister Narendra Modi inaugurated the Pandit Deendayal Upadhyaya Institute of Archaeology at Greater Noida in Uttar Pradesh.
• The institute will provide modern amenities for research scholars and students from India and all over the world.
• He also unveiled a statue of Pandit Deendayal Upadhyaya at the campus and paid floral tributes.
• He also visited the Deendayal Museum in the Institute campus.

PM lays foundation stone of Buxar and Khurja Thermal Power Plants

• Prime Minister Narendra Modi unveiled the Foundation Stones of Buxar and Khurja Thermal Power Plants digitally from Greater Noida.
• These plants, 1320 MW each, are situated at Buxar (Bihar) and Bulandshahar (Uttar Pradesh) respectively.
• The thermal power plants will accelerate India’s growth and will transform the power availability in Uttar Pradesh, Bihar and other neighbouring states.
• The project would act as a multiplier for employment generation and overall growth of the entire region. The project is planned to be commissioned during the year 2023-24.

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