Daily GK Update: 4th January 2020

Ritualistic festival ‘Lai Haraoba’ begins in Tripura

  • In Tripura, Lai Haraoba, a ritualistic festival observed by Manipuri meitei communities since ancient times, began in Agartala last evening. The five day long festival is jointly organised by Department of Information and Cultural Affairs, Government of Tripura, Puthiba Lai Haraoba Committee and Puthiba Welfare & Cultural Society, Agartala.
  • The five-day long festival was inaugurated by Speaker of state legislative Assembly, Rebati Mohan Das. The festival aims to uphold tradition and cultural values of Meitei community.
  • Lai Haraoba is celebrated through oral literature, music, dance and rituals. A cultural troupe from Manipur has also come to take part in festival. They will be performing various cultural and traditional musical skits including Manipuri martial arts, folk music and folk dances during the festival.

Source: News Services Division

Vertical farming envisages profitable and suitable agriculture business

  • A silent revolution is underway in the agriculture sector, which is going to be quite evident in the days to come. With the global population is set to reach near ten billion marks by 2050, the food production must increase by 70 per cent, estimates the United Nations.
  • However, there is a global appeal seeking restrictions on the forests getting converted into the farmlands in the wake of global warming.
  • There comes the need for technological innovation in the farming processes. And the idea of vertical farming is among them. It is in accordance with the principles of sustainable development, which beseeches judicious use of environmental resources.

Source: Gulnews.com

“Cyber Safe Initiative” Launched by Maharashtra Government

On January 3, 2020, Cyber Safe Initiative was launched by Maharashtra Government. The initiative was launched commemorating the birth anniversary of Indian Social Reformer Savitribai Phule. Savitribai Phule was the first female teacher of India.

World Braille Day being celebrated today

  • The world Braille Day is being celebrated today. The day is marked remembering the birth anniversary of Louis Braille, the inventor of Braille – for people with visual disabilities. Louis Braille was born on 4th January 1809 in the town of Coupvray in northern France.
  • At the age of just 3, he lost both his eyes in an accident. This resulted in the invention of the language of 6 dots- which is popularly known as braille.

Source: News Services Division

Forex reserves hit record high at $457.46 billion

  • The country’s foreign exchange reserves swelled by USD 2.520 billion to touch a record high of USD 457.468 billion in the week to December 27, according to RBI data.
  • In the previous week, the reserves rose to USD 454.948 billion after increasing by USD 456 million.
  • In the reporting week, the increase in reserves was mainly on account of a gain in foreign currency assets, major component of the overall reserves, which surged by USD 2.203 billion to USD 424.936 billion, the data released by the Reserve Bank on Friday showed.
  • Expressed in dollar terms, the foreign currency assets include the effect of appreciation or depreciation of non-US units like the euro, pound and the yen held in the forex reserves.

Source: India Today

US killing of Soleimani revives worries for India

  • The US killing of Qassem Soleimani, commander of Iran’s elite Quds through a drone strike on Friday has fuelled worries of tensions spiraling out of control.
  • India sees the region as part of its extended neighbourhood housing about 7 million expatriate Indians who send home valuable foreign remittance. It also a major source of energy for import-dependent India.

Source: Live Mint

171 Hospitals De-empanelled, Rs 4.5 Crore in Penalties Imposed for Fraud under Ayushman Bharat

  • A total 171 hospitals have been de-empanelled and penalties to the tune of Rs 4.5 crore have been imposed on hospitals for allegedly committed fraud and indulging in malcpractices under the Ayushman Bharat health insurance scheme, the apex body implementing it said on Friday.
  • FIRs have been lodged against six hospitals in Uttarakhand and Jharkhand, the National Health Authority said.
  • The NHA said the National Anti-Fraud Unit has detected suspect e-cards on the basis of algorithms developed internally by it and shared with states for due diligence and action.

Source: News18.com