Daily GK Update: 1st January 2020

India may surpass Germany to become fourth-largest economy in 2026: Report

  • India is expected to overtake Germany to become fourth-largest economy in 2026 and Japan to become third largest in 2034, according to a recent report by the UK-based Centre for Economics and Business Research (CEBR). It further said India is also set to reach a gross domestic product (GDP) of USD 5 trillion by 2026, 2 years later than the government’s target.
  • “India has decisively overtaken both France and the UK to become the world’s fifth-largest economy in 2019. It is expected to overtake Germany to become fourth largest in 2026 and Japan to become the third largest in 2034,” the report, titled ‘World Economic League Table 2020’, said.

 Source: The Economic Times

UNICEF terms past decade as ‘Deadly’ with 1,70,000 grave violations against children

  • The United Nations Children’s Fund (UNICEF) released its year-end report on December 31, 2019, which termed the past decade as a ‘Deadly Decade’ for children in conflict with more than 1,70,000 grave violations against children since 2010.
  • The report revealed the number of grave violations against children increased almost three-fold since the beginning of the decade, amounting to almost 45 violations every single day. The report stated that since 1989, the number of countries experiencing conflicts increased and as a result the violations against children also increased.

Source: Jagran Josh

India, Pakistan exchange list of nuclear installations

  • Continuing a 29-year unbroken practice, India and Pakistan on Wednesday exchanged a list of their nuclear installations under a bilateral arrangement that prohibits them from attacking each other’s atomic facilities.
  • The two countries exchanged the list of nuclear installations and facilities covered under the Agreement on the Prohibition of Attack against Nuclear Installations between India and Pakistan, the External Affairs Ministry said. This was done simultaneously through diplomatic channels in New Delhi and Islamabad.
  • The exchange of the list came amid tense diplomatic ties between the two countries over the Kashmir issue.
  • The agreement was signed on December 31, 1988 and came into force on January 27, 1991.
  • The pact mandates the two countries to inform each other of nuclear installations and facilities to be covered under the agreement on the first of January of every calendar year.

Source: India Today

Railways renames RPF as Indian Railway Protection Force Service

  • The Railways has renamed its security force RPF (Railway Protection Force) as Indian Railway Protection Force Service.
  • The ministry has accorded organised Group A status to RPF and renamed it, according to an order issued on Monday.
  • “Consequent upon grant of organized group A status ( OGAS) to RPF in the light of Cabinet decision arising from honourable court’s orders, it is hereby informed that RPF will be known as Indian Railway Protection Force Service,” the order stated.

Source: The Economic Times

Modi releases 3rd installment of PM Kisan Samman Nidhi in Tumakuru

  • Prime Minister Narendra Modi on Thursday released the third installment of Pradhan Mantri Kisan Samman Nidhi of Rs 2,000 for the period December 2019 to March 2020.
  • This will benefit approximately six crore beneficiaries.
  • The Prime Minister also handed over certificates to beneficiaries under PM Kisan from eight states and Union Territories (UTs).
  • Modi also distributed the Krishi Karman Awards and Commendation Awards to states at a public meeting. He will also give away Agriculture Minister’s Krishi Karman Awards for Progressive Farmers.

Source: Business Standard

In a first, Kerala passes resolution against Citizenship Amendment Act

  • The Kerala Assembly on Tuesday passed a resoultion demanding scrapping of the controversial Citizenship Amendment Act (CAA), becoming the first state in the country to do so.
  • While Chief Ministers of non-BJP ruled states like Mamata Banerjee of West Bengal have announced that they would not implement CAA, CPI(M)-ruled Kerala was the first to take the legislature route to register its opposition to the law.

Source: Business Today

Rabi crops sowing area increases by 36 lakh hectares

  • Rabi crops sowing area has increased by around 36 lakh hectares as on 27th of this month. Ministry of Agriculture and Farmers Welfare said, the total area sown under Rabi crops stands at over 571 lakh hectares as compared to 536 lakh hectare for the corresponding period of last year. The progress in Rabi sowing has picked up significantly with the improvement of soil moisture in almost all Rabi growing states.
  • The Ministry said, wheat has been sown in over 297 lakh hectare which is about 27 lakh hectare more than last year. The Rice has been sown in around 14 lakh hectare and Pulses in over 140 lakh hectare. The coarse cereals have been sown in over 46 lakh hectare and Oilseeds in 74 lakh hectare.

Source: News Services Division

Report of Task Force on National Infrastructure Pipeline released

  • To achieve the GDP of $5 trillion by 2024-25, India needs to spend about $1.4 trillion (Rs. 100 lakh crore) over these years on infrastructure. In the past decade (FY 2008-17), India invested about $1.1 trillion on infrastructure.
  • The challenge is to step-up annual infrastructure investment so that lack of infrastructure does not become a binding constraint on the growth of the Indian economy.
  • The Union Finance Minister Smt. Nirmala Sitharaman made a brief statement on the contents of the National Infrastructure Pipeline at a Press Conference here today. She indicated that Government will examine the recommendations of the Task Force and take action early.

Source: Press Information Bureau