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Current Affairs in Short: 4 February 2019

To ensure due compliance of the FDI policy on e-Commerce, Press Note 2 (2018) was issued. As per the policy, an entity having equity participation by e-commerce marketplace entity or its group companies, or having control on its inventory by e-commerce marketplace entity will not be permitted to sell its products on the platform run by such marketplace entity.

Feb 4, 2019 17:16 IST
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Mamata Banerjee terms CBI action in West Bengal as unconstitutional

• West Bengal Chief Minister Mamata Banerjee termed the CBI action against Kolkata Police Commissioner in West Bengal as unconstitutional and an attack to the federal structure of the country.
• She said she will sit on Dharna at central Kolkata but the budget session of West Bengal Assembly will function.
• The uproar over CBI action in West Bengal disrupted the proceedings of both the Houses of Parliament as well.
• The CBI arrested Kolkata Police Commissioner during Zero Hour citing that the officer was not cooperating in the Saradha chit fund scam and failed to reply to repeated summons.

FDI Policy on E-Commerce released

• To ensure due compliance of the FDI policy on e-Commerce, Press Note 2 (2018) was issued.
• As per the policy, an entity having equity participation by e-commerce marketplace entity or its group companies, or having control on its inventory by e-commerce marketplace entity will not be permitted to sell its products on the platform run by such marketplace entity.
• e-Commerce marketplace entity will not mandate any seller to sell any product exclusively on its platform only.
• This Press Note is effective from February 1, 2019.
• The FDI policy on e-Commerce permitted 100 percent FDI in B2B e-commerce activities.

Empowering Women Entrepreneurship through MSME Schemes

• Ministry of Micro, Small and Medium Enterprises (MSME) is empowering women entrepreneurs through its different schemes.  
• 1.38 lakh projects have been set up by the women entrepreneurs under Prime Minister’s Employment Generation Programme (PMEGP) Scheme since inception.  
• PMEGP, a major credit-linked subsidy scheme since 2008-09, helps set up micro enterprises and generate employment in rural and urban areas of the country.
• The maximum cost of the project under PMEGP scheme is Rs 25 lakhs for manufacturing sector units and Rs 10 lakhs for units under service sector.
• Under the scheme, women entrepreneurs are covered under Special Category and are entitled to 25 percent and 35 percent subsidies for the project set up in urban and rural areas respectively.

IPS officer Rishi Kumar Shukla takes charge as Director of CBI

• Rishi Kumar Shukla took charge as the Director of the Central Bureau of Investigation.
• He took charge from M. Nageshwara Rao, who was working as Interim Chief of the Investigation Agency.
• Shukla will serve in the post for a period of two years.
• The High Level Committee chaired by Prime Minister had approved the appointment of Shukla to the post.
• 1983-batch IPS officer of Madhya Pradesh Cadre, Shukla had also served as the DGP of Madhya Pradesh.

Sri Lanka celebrated its 71st Independence Day

• Sri Lanka celebrated its 71st Independence Day on February 4, 2019 in Colombo.
• Maldives President Ibrahim Mohamed Solih was the guest of honour at the main function held in Colombo.
• The three branches of military performed an impressive parade along with display of defence equipments.
• Artistes and students showcased the major dance forms of the country including Kandyan and Bharatnatyam.

Pope Francis lands in Abu Dhabi, becomes 1st pontiff to visit Arabian peninsula

• Pope Francis visited Abu Dhabi in the United Arab Emirates (UAE), becoming the first pontiff to visit the Arabian peninsula.
• He was received at the airport by the Crown Prince of Abu Dhabi, Sheikh Mohammed Bin Zayed.
• The Pope visited the UAE on the invitation of the Crown Prince to take part in an interfaith Conference.
• An estimated 700 participants from different faith are expected to participate in the Human Fraternity Conference, which includes representatives of the Muslim, Christian, Jewish, Hindu, Buddhist and Sikh faiths.
• Poojya Brahmvihariji, who is backing the construction of the Hindu Temple in Abu Dhabi is also one of the keynote speakers at the Conference.

Maharashtra Cabinet approves 10% reservation for economically weaker sections

• Maharashtra Cabinet approved 10 percent reservation in education and employment opportunities for economically weaker sections (EWS).
• Maharashtra has now become the seventh state in India to give reservation to weaker sections of general category.
• Gujarat was the first state to implement the 10 percent reservation.
• After Gujarat, Bihar, Himachal Pradesh, Uttar Pradesh, Jharkhand, Assam and Maharashtra have approved the bill to implement the reservation.

CJI Ranjan Gogoi inaugurates Andhra Pradesh High Court new building at Amaravati

• The Andhra Pradesh High Court new building at Amaravati was inaugurated by the Chief Justice of India, Ranjan Gogoi.
• Andhra Pradesh is now getting its own court four and half years after the state bifurcation.  
• The two-storied building is located at Nelapadu in Amaravati region.
• It has 16 court halls and the building costing Rs 150 Crore houses a 2.70 lakh square feet office space.
• CJI Ranjan Gogoi also laid the foundation stone for the permanent High Court building at Amaravati.

Special Postage Stamp on Kumbh Mela released

• Union Minister of State for Railways and Communication, Manoj Sinha released a special postage stamp of the Indian Postal Department on Kumbh Mela.
• A special first day cover was also released on the occasion. Its cost is Rs 5.
• The world's largest religious and cultural human congregation, ‘Kumbh 2019’ began at Prayagraj (erstwhile Allahabad), Uttar Pradesh on January 15, 2019 and will go on till March 4, 2019.
• The Mela was included in the list of “Intangible Cultural Heritage of Humanity" by UNESCO in 2017.

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