Daily Current Affairs 31st January 2023 For All Government Examinations |
Daily Current Affairs 31st January 2023 For All Government Examinations
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Economic Survey 2022-23: Key Highlights with Details
The Union Finance Minister Nirmala Sitharaman tabled the Economic Survey 2022-23 in Parliament.
According to the Economic Survey 2022-23, India will witness GDP growth of 6.0 per cent to 6.8 per cent in 2023-24, depending on the trajectory of economic and political developments globally.
The optimistic growth forecasts stem from a number of positives like the rebound of private consumption given a boost to production activity, higher Capital Expenditure (Capex), near-universal vaccination coverage enabling people to spend on contact-based services, such as restaurants, hotels, shopping malls, and cinemas, as well as the return of migrant workers to cities to work in construction sites leading to a significant decline in housing market inventory, the strengthening of the balance sheets of the Corporates, a well-capitalised public sector banks ready to increase the credit supply and the credit growth to the Micro, Small, and Medium Enterprises (MSME) sector to name the major ones.
ECONOMIC SURVEY 2022-23: Key Highlights with Details Given Below
- Indian economy staging a broad based recovery across sectors, positioning to ascend to pre-pandemic growth path in FY23.
- India's GDP growth is expected to remain robust in FY24. GDP forecast for FY24 to be in the range of 6-6.8 %.
- Retail inflation is back within RBI's target range in November 2022.
- Direct Tax collections for the period April-November 2022 remain buoyant.
- Enhanced Employment generation seen in the declining urban unemployment rate and in the faster net registration in Employee Provident Fund.
- Creating public goods to enhance opportunities, efficiencies and ease of living, trust-based governance, enhancing agricultural productivity and promoting the private sector as a co-partner in development is the focus of the government reforms......Read More
Economic Survey 2022-2023: India's GDP growth 6 to 6.8 pc in 2023-24
Union Finance Minister Smt. Nirmala Sitharaman tabled the Economic Survey 2022-23 in Parliament. According to the Economic Survey India will witness GDP growth of 6.0 per cent to 6.8 per cent in 2023-24, depending on the trajectory of economic and political developments globally.
The Economic Survey 2022-23 which projects a baseline GDP growth of 6.5 per cent in real terms in FY24. The projection is broadly comparable to the estimates provided by multilateral agencies such as the World Bank, the International Monetary Fund (IMF), and the Asian Development Bank (ADB) and by the Reserve Bank of India (RBI), domestically.
The Survey says, in real terms, the economy is expected to grow at 7 per cent for the year ending March 2023. This follows an 8.7 per cent growth in the previous financial year.
According to Survey, India’s economic growth in FY23 has been principally led by private consumption and capital formation and they have helped generate employment as seen in the declining urban unemployment rate and in the faster net registration in Employee Provident Fund....Read More
Republic Day Parade 2023: Best marching contingents & tableaux announced
The best marching contingents and tableaux of Republic Day Parade 2023 have been announced. Separate results – one by a panel of judges and another through an online public vote conducted by MyGov – have been declared.
Three panels of judges were appointed for assessing the performance of Marching Contingents from three Services, Marching Contingents from Central Armed Police Forces (CAPF)/other auxiliary forces and tableaux from various States/Union Territories and Ministries/Departments.
Uttarakhand adjudged best State/UT tableau by a panel of judges; Gujarat wins online public poll conducted by MyGov
On the basis of the assessment of the panels, the results are as under
Best Marching Contingent among the three services - Punjab Regiment Centre Contingent
Best Marching Contingent among CAPF/other auxiliary forces - Crpf Marching Contingent
Best three Tableaux (States/UTs)
First - Uttarakhand (Manaskhand)
Second - Maharashtra (Sade Tin Shaktipithe & Nari Shakti)
Third - Uttar Pradesh (Ayodhya Deepotsav)
Best Tableau (Ministries/Departments) - Ministry of Tribal Affairs (Eklavya Model Residential Schools (EMRSs))
Special Prize
Central Public Works Department (Biodiversity Conservation)
‘Vande Bharatam’ Dance Group.
The online poll for the popular choice
Best Marching Contingent among the three services - INDIAN AIR FORCE MARCHING CONTINGENT
Best Marching Contingent among CAPF/other auxiliary forces - CRPF MARCHING CONTINGENT
Best three Tableaux (States/UTs):
First - Gujarat (Clean-Green energy efficient Gujarat)
Second - Uttar Pradesh (Ayodhya Deepotsava)
Third - Maharashtra (Sade tin Shaktipeeth and Nari Shakti)
Best Tableau (Central Ministries/Departments) - CAPF (Ministry of Home Affairs)
Ministry of I&B issues Advisory on Obligation of Public Service Broadcasting
Ministry of Information & Broadcasting issued the “Guidelines for Uplinking and Downlinking of Television Channels in India, 2022” on 09.11.2022. The Guidelines, among other things, require private broadcasters to undertake public service broadcasting for 30 minutes every day.
In this regard, the Ministry undertook extensive consultations with the private satellite TV channel Broadcasters and their Associations and based on their inputs an “Advisory” was issued on 30.01.2023.
Indian hockey team chief coach Graham Reid resigns
Indian men's hockey team chief coach Graham Reid resigned from his position. Reid, who was appointed India coach in April 2019, led the team to a historic bronze medal finish at the Tokyo Olympics in 2021 The 58-year-old Australian submitted his resignation to Hockey India president Dilip Tirkey.
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