Daily Current Affairs 1 January 2020: January 2020 Current Affairs

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Daily Current Affairs 1 January 2020

DRDO celebrated it’s Foundation Day on 1st January 2020.Today is 62nd DRDO Day.

The Defence Research and Development Organisation (DRDO) is an agency of the Government of India, charged with the military’s research and development, headquartered in New Delhi, India. It was formed in 1958 by the merger of the Technical Development Establishment and the Directorate of Technical Development and Production of the Indian Ordnance Factories with the Defence Science Organisation.
Founded in- 1958
Chairman- Dr. G. Satheesh Reddy

General Bipin Rawat appointed as First Chief Of Defence Staff of India on 31st December 2019. He assumed charge on 1st January 2020.

General Bipin Rawat, PVSM, UYSM, AVSM, YSM, SM, VSM, ADC is the current Chief of Defence Staff of India. On 30 December 2019, he was appointed as the first Chief of Defence Staff of India and assumed office from 31 December 2019. He is the current Chairman of the Chiefs of Staff Committee.
32nd Chairman of Chiefs of Staff Committee (27 September 2019-31 December 2019)
27th Chief of Army Staff (31 December 2016- 31 December 2019)
37th Vice Chief of Army Staff (1 September 2016- 31 December 2016)

Manoj Mukund Naravance appointed as 28th Chief of Army Staff of India on 31st December 2019. He assumed charge on 31st December 2019.

General Manoj Mukund Naravane PVSM, AVSM, SM, VSM, ADC is a Four Star general of the Indian Army and the 28th Chief of the Army Staff. He took over from General Bipin Rawat on 31 December 2019.
40th Vice Chief of Army Staff (1 September 2019-31 December 2019)

Union Finance Minister Nirmala Sitharaman unveiled Rs 102 lakh crore of Infrastructre projects, under National Infrastructure Pipeline, that will be implemented in the next five years.

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.

During the fiscals 2020 to 2025, sectors such as Energy (24%), Roads (19%), Urban (16%), and Railways (13%) amount to around 70% of the projected capital expenditure in infrastructure in India. The detailed sector wise break of the pipeline is as follows:

Out of the total expected capital expenditure of Rs. 102 lakh crore, projects worth Rs 42.7 lakh crore (42%) are under implementation, projects worth Rs 32.7 lakh crore (32%) are in conceptualization stage and rest are under development. It is expected that projects of certain states, who are yet to communicate their pipelines, would be added to the pipeline in due course.

Nirmala Sitharaman- (Member of Parliament, Rajyasabha- Karnataka)
Minister of Finance & Corporate Affairs (20 May 2019)
Minsiter of Defence (3 September 2017-30 May 2019)
Minister of Commerce and Industry (26 May 2014- 3 September 2017)

RBI Governor Shakti Kanta Das today launched a mobile application MANI (Mobile Aided Note Identifier).

RBI Governor Shaktikanta Das on 1 January 2020 launched a mobile application MANI (Mobile Aided Note Identifier) to aid visually impaired persons in identifying denomination of currency notes.“Mobile Aided Note Identifier – MANI” is capable of identifying the denominations of Mahatma Gandhi Series and Mahatma Gandhi (New) series banknote by checking front or reverse side of the notes, including half folded notes under broad range of light conditions. 

25th RBI Governor (12 December 2018). He replaced Urijit Patel. He was also the member of 15th Finance Commission from 27 November 2017 – 11 December 2018.

Delhi Metro to launch free WiFi services inside train coaches on Airport Express Line tomorrow, first such facility on any corridor of DMRC.

The Delhi Metro is set to launch free WiFi services in train coaches on its Airport Express Line on Thursday, the first such facility on any corridor of the DMRC. The 22.7-km swankiest line on the Delhi Metro network has six stations. “The WiFi facility inside train coaches on the Airport Line will be launched tomorrow”.

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