Venezuela becomes first country to launch virtual currency 'Petro'
• Venezuela become first sovereign country to officially launch its own cryptocurrency called Petro backed by oil, gas, gold and diamond reserves.
• Venezuelan President Nicolas Maduro claimed that the pre-mined cryptocurrency Petro has raised USD 735 million on the first day of its pre-sale.
• Petro aims to help Venezuela to advance in issues of monetary sovereignty, to make financial transactions and overcome financial blockade.
UNICEF Deputy Justin Forsyth quits after inappropriate behaviour claims
• Justin Forsyth resigned as Deputy Executive Director of UNICEF on February 22, 2018 following accusations of inappropriate behaviour towards female staff while serving as the Chief Executive of Save the Children.
• Forsyth was accused of sending inappropriate texts to female staff about their appearance on separate occasions in 2011 and 2015.
• Forsyth said he was not resigning because of the mistakes he had made, but because of attempts to damage organisations and the humanitarian sector.
Union Government announces Rs 925 crore package for Arunachal Pradesh
• The Union Government announced a special package of Rs 925 crore for strengthening the power transmission and distribution system in Arunachal Pradesh.
• The announcement was made by Union Minister of State for Power and New and Renewable Energy, RK Singh while chairing a review meeting of the power sector with senior officers.
• The fund would be used for re-conductoring of old 11 KV lines and conversion of selected long LT distribution lines with 11 KV High Voltage Distribution System.
• He directed the officials to expedite the work to electrify every village in the state by May 1, 2018.
India contributes USD 1 million aid to Tonga: United Nations
• India has contributed USD 1 million aid Tonga for rehabilitation efforts after island was hit by Tropical Cyclone Gita which had caused massive destruction across the pacific ocean archipelago.
• India will provide USD 500000 for immediate relief assistance and remaining USD 500000 from the India-UN Development Partnership Fund (UNDP) for the rehabilitation efforts.
• Tonga was recently hit by worst Tropical Cyclone Gita. US’s National Oceanic and Atmospheric Administration (NOAA) had reported it Category 4 cyclone and was the worst on record to hit Tonga.
• Cyclone Gita had destroyed nation’s parliament and affected about 70% island’s population. Tongatapu, where country’s capital NukuEalofa is situated was among the worst hit areas.
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Jaipur’s Gandhinagar railway station becomes 1st fully women operated station
• The Gandhi Nagar railway station of Jaipur, Rajasthan became the country’s first major non-suburban railway station to be fully-managed by women.
• It is the second station in the country to be managed solely by women – the first being Matunga in Mumbai.
• Gandhi Nagar is important railway station in Jaipur situated on Jaipur-Delhi rail route. More than 50 trains pass through the station daily out of which 25 halting at it.
India, Canada sign MoU with International Development Research Centre
• A Memorandum of Understanding was signed on February 22, 2018 between the India and Canada’s International Development Research Centre (IDRC) to usher the programme based research support in addressing current and future global and local developmental challenges.
• Since 1972, IDRC has funded 551 research activities worth 159 million Canadian dollar in India through institutions, researchers and NGOs.
• During the last five years (2012-17), 96 research projects worth 51 million Canadian dollar were funded by the IDRC in India.
India, Canada sign Memorandum of Understanding on sports
• India and Canada signed a Memorandum of Understanding (MoU) on sports in New Delhi.
• The MoU was signed by Union Minister of Youth Affairs and Sports Rajyavardhan Singh Rathore and Canadian Minister for Science and Sports Kirsty Duncan.
• The MoU was aimed at maintaining integrity in sports as well as using sports to succeed on sustainable development goals.
Assam to observe 'Rhino Day' on September 22
• In a bid to keep the world famous one-horned rhinoceros of Assam under the global spotlight, the Assam government has decided to commemorate September 22 as 'Rhino Day'.
• The day is exclusively dedicated to the approximately 2500 rhino population in the state and it would be a tribute to the rhinoceros, which are the pride of Assam.
• A State Rhino Project, in line with the National Rhino Project, will also be launched in the state for the protection and conservation of rhinos.