Daily GK Update: 12th March 2020

International Day of Yoga will be Held at Leh, Led by PM Shri Narendra Modi

  • The main national event for the 6th International Day of Yoga (IDY) will be held on 21st June 2020 at Leh, the capital of UT of Ladakh and the event will be led by the Prime Minister, Shri Narendra Modi.
  • This was formally announced by the Minister of State (Independent Charge) for AYUSH, Shri Shripad Yesso Naik at a media briefing in New Delhi today. Addressing the media persons, the AYUSH Minister also announced AYUSH I.T. Awards 2019 on this occasion.

Source: Medicircle

Discovery of Ink to Curb Fake Printing of Passports and Counterfeiting of Currency Notes

Image result for CSIR develops Bi-Luminescent Security ink to Curb Fake Currency Notes
  • CSIR-National Physical Laboratory has developed a bi-luminescent security ink which glows in red and green colours when illuminated by two different excitation sources at 254 nano meters (nm) and 365 nm, respectively.
  • The ink was prepared in a batch of 1kg and given to Bank Note Press (BNP), Dewas, a unit of Security Printing Minting Corporation of India Ltd. (SPMCIL), New Delhi.
  • The ink is found comparable to the standards that are in use. The formulation can be used to check the authenticity of passports, Government documents, tamper evident labels, identity cards, etc.

Source: News Services Division

Panel formed for Kisan Rail scheme

Image result for Committee formed for the implementation of Kisan Rail Scheme
  • The Centre has formed a panel, comprising representatives from the railways and departments of the agriculture ministry, to look into the implementation of the Kisan Rail scheme.
  • According to the railways, the committee will monitor the creation of cold storage supply chain for perishable goods by operating freight and express trains with refrigerated coaches. Railway minister Piyush Goyal said that solar panels would be set up on non-utilised railway land to aid these coaches.

Source: The New Indian Express

Parliament passes Insolvency & Bankruptcy Code (Amendment) Bill 2020

Image result for Insolvency and Bankruptcy Code (amendment) bill passed in the Parliament
  • It was already passed by the Lok Sabha earlier. Replying to the discussion, Finance Minister Nirmala Sitharaman said that the current government is both responsive and is committed to deliver to its promises in tune with changing times. She said that the amendments brought in by the government are a mechanism to incorporate viable changes in the legislation.
  • She emphasized on the importance of the ordinance before the bill and said that it was needed to avoid any hiatus. The Minister said, as on 1st January of this year, out of around 43 thousand cases disposed off by National Company Law Tribunal, nearly 15 thousand cases were resolved based on Insolvency and Bankruptcy Code.

Source: DD News

The 123-year-old law that India may invoke to counter coronavirus

Image result for Coronavirus: Epidemic Disease Act Invoked in India
  • Close on the heels of the novel coronavirus being declared a pandemic, there are reports that India could invoke a 123-year-old law to limit the spread of the outbreak.
  • Following the World Health Organisation’s far-reaching announcement, the Union cabinet secretary yesterday said all states and Union Territories should invoke provisions of Section 2 of the Epidemic Diseases Act 1897. The move comes as coronavirus cases crossed the 70 mark on Thursday.

Source: The Economic Times

WHO declares the coronavirus outbreak a pandemic

Image result for WHO declares Corona Virus as GLOBAL PANDEMIC
  • The World Health Organization on Wednesday declared the rapidly spreading coronavirus outbreak a pandemic, acknowledging what has seemed clear for some time — the virus will likely spread to all countries on the globe.
  • Director-General Tedros Adhanom Ghebreyesus said the situation will worsen.
    “We expect to see the number of cases, the number of deaths, and the number of affected countries climb even higher,” said Tedros, as the director-general is known.

Source: Stat News

Project Signing – New World Bank Project to Benefit Over 400,000 Farming Households in Himachal Pradesh

Image result for World Bank and GoI sign Agreement on Climate Resilient Rain-Fed Agriculture
  • The Government of India, Government of Himachal Pradesh, and the World Bank today signed an $80 million loan agreement to improve water management practices and increase agricultural productivity in selected Gram Panchayats (Village Councils) in Himachal Pradesh, a mountainous state richly endowed with natural resources.
  • The Integrated Project for Source Sustainability and Climate Resilient Rain-Fed Agriculture in Himachal Pradesh will be implemented in 428 Gram Panchayats in 10 districts [1] benefiting over 400,000 smallholder farmers, including women, and pastoral communities.

Source: The World Bank