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| Daily Current Affairs 18th October 2019 For All Government Examination |
Daily Current Affairs 18th October 2019 For All Government Examinations
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NITI Aayog launches India Innovation Index 2019
NITI Aayog India Innovation Index 2019: NITI Aayog with Institute for Competitiveness as the knowledge partner released the India Innovation Index (III) 2019. Karnataka is the most innovative major state in India. Tamil Nadu, Maharashtra, Telangana, Haryana, Kerala, Uttar Pradesh, West Bengal, Gujarat, and Andhra Pradesh form the remaining top ten major states respectively.
The ranking was done in three categories 'Major States', 'North East and Hill States' and 'Union Territories (UTs)/City and Small States'. Sikkim topped in the North-East category, while Delhi was at the top in the UT segment.
Telangana, Haryana, Kerala, Uttar Pradesh, West Bengal, Gujarat and Andhra Pradesh were among the other states that topped the innovation index.
The index was released in the presence of Dr. Rajiv Kumar, Vice Chairman, NITI Aayog; Amitabh Kant, CEO, NITI Aayog; Ashutosh Sharma, Secretary, Department of Science; Renu Swarup, Secretary, Department of Biotechnology and Vaidya Rajesh Kotecha, Secretary, AYUSH.
The report, which has captured trends and done deep-drive analyses of various factors that drive innovation at the country, state and pillar levels, envisages to help policymakers and corporates identify some of the issues at a sustainable level in India.
The index has been grouped under two major heads, enablers factors that will drive innovation in states and UTs, and performance that will measure the actual outcomes in the innovation competitiveness of states.
In terms of attracting investment, the top position was again bagged by Karnataka among major states, followed by Maharashtra, Haryana, Kerala, Tamil Nadu, Gujarat, Telangana, Rajasthan and Uttar Pradesh.
Bihar, Jharkhand and Punjab were the least attractive states for investment. Among North East and Hill States, Manipur, Arunachal Pradesh and Tripura were the top three states; while among the UTs, Lakshadweep, Delhi and Goa were the top three regions.
The study examines the innovation ecosystem of Indian states and union territories. The aim is to create a holistic tool which can be used by policymakers across the country to identify the challenges to be addressed and strengths to build on when designing the economic growth policies for their regions. The states have been bifurcated into three categories: major states, north-east, and hill states, and union territories/city states/small states.......Read More
India, Oman begin joint Air Force exercise 'EX EASTERN BRIDGE-V'
Air Force exercise 'EX EASTERN BRIDGE-V: Indian Air Force (IAF) kickstarter its bilateral joint exercise with Royal Air Force Oman (RAFO), named 'EX EASTERN BRIDGE-V' at Air Force Base Masirah.
The Air Force exercise 'EX EASTERN BRIDGE-V' scheduled from 17-26 Oct 19.
The last exercise, EX EASTERN BRIDGE-IV was held in 2017 at Jamnagar. For the first time, MiG-29 fighter aircraft will be participating in an International Exercise outside India.
IAF contingent comprises of MiG-29 and C-17 aircraft. MiG-29 will be exercising with Royal Air Force Oman’s Eurofighter Typhoon, F-16 and Hawk.
The exercise will enhance inter-operability during mutual operations between the two Air Forces and will provide an opportunity to learn from each other’s best practices.
EX EASTERN BRIDGE-V exercise will also promote professional interaction, exchange of experience and operational knowledge. Besides strengthening bilateral relations, it will also provide a good opportunity to the air-warriors to operate in an international environment......Read More
Retail inflation rises to 3.99% in September at the highest level of 14 months
Retail inflation rises to 3.99% in September: India's Retail inflation based on consumer price index accelerated to a 14-month high of 3.99 per cent in September against 3.28 per cent in August, government data showed on 14th Oct.
The consumer price index (CPI) based inflation was registered at 3.28 percent in August. On a year-on-year basis, the inflation was 3.70 percent in the September 2018.
On year-on-year (yoy) basis, the inflation was 3.70 per cent in the September 2018. Food price inflation in September came at 5.11 per cent against 2.99 per cent in August.
Also Read: RBI has announced Fourth Bi-Monthly Monetary Policy Statement 2019-20: Point-to-Point Details
The inflation print for vegetables shot up to 15.40 per cent during the month from 6.9 per cent. Besides, price rise in pulses and meat and fish baskets for the reported month was higher over August.
The Consumer Price Index (CPI) based inflation rate was 3.28 percent in August 2019 and 3.70 percent in September last year. Earlier, it reached a high of 4.17 percent in July 2018.
According to official figures of the Ministry of Statistics and Program Implementation, the inflation rate for food articles in September was 5.11 percent as compared to 2.99 percent in the previous month.....Read More
RBI imposes Rs 1 crore fine on Lakshmi Vilas Bank, Rs 75 lakh on Syndicate Bank for violating norms
The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 1 crore on Lakshmi Vilas Bank and Rs 75 lakh on Syndicate Bank for violating asset classification and fraud detection norms.
According to the RBI said in a release, "The Reserve Bank of India (RBI) has, by an order dated October 14, 2019, imposed monetary penalty of Rs 1 crore on Lakshmi Vilas Bank Ltd for non-compliance with certain provisions of directions issued by RBI on ‘Income Recognition and Asset Classification (IRAC) norms"........Read More
The report, which has captured trends and done deep-drive analyses of various factors that drive innovation at the country, state and pillar levels, envisages to help policymakers and corporates identify some of the issues at a sustainable level in India.
Also Read: RBI asks banks not to count failed transactions, balance enquiry as free ATM transactions
Karnataka tops in NITI Aayog Innovation Index followed by Tamil Nadu, Maharashtra
Karnataka is the most innovative major state in India. Tamil Nadu, Maharashtra, Telangana, Haryana, Kerala, Uttar Pradesh, West Bengal, Gujarat, and Andhra Pradesh form the remaining top ten major states respectively, According to the NITI Aayog with Institute for Competitiveness as the knowledge partner released the India Innovation Index (III) 2019.
The ranking was done in three categories 'Major States', 'North East and Hill States' and 'Union Territories (UTs)/City and Small States'. Sikkim topped in the North-East category, while Delhi was at the top in the UT segment.
Telangana, Haryana, Kerala, Uttar Pradesh, West Bengal, Gujarat and Andhra Pradesh were among the other states that topped the innovation index.
The index was released in the presence of Dr. Rajiv Kumar, Vice Chairman, NITI Aayog; Amitabh Kant, CEO, NITI Aayog; Ashutosh Sharma, Secretary, Department of Science; Renu Swarup, Secretary, Department of Biotechnology and Vaidya Rajesh Kotecha, Secretary, AYUSH.
The report, which has captured trends and done deep-drive analyses of various factors that drive innovation at the country, state and pillar levels, envisages to help policymakers and corporates identify some of the issues at a sustainable level in India.
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