AspirantWorld One liners : 6th July

• The World Bank has released new Purchasing Power Parities (PPPs) for reference year 2017, under International Comparison Program (ICP), that adjust for differences in the cost of living across economies of the World. Globally 176 economies participated in 2017 cycle of ICP. The Purchasing Power Parities (PPPs) of Indian Rupee per US$ at Gross Domestic Product (GDP) level is now 20.65 in 2017 from 15.55 in 2011.

• RBI published data on developments in India’s Balance of Payments during 2019-20. The Current Account Deficit (CAD) narrowed to 0.9 % of GDP in 2019-20 from 2.1 % in 2018-19 on the back of the trade deficit which shrank to US$ 157.5 billion in 2019-20 from US$ 180.3 billion in 2018-19.Net invisible receipts were higher in 2019-20 mainly due to increase in net services earnings and private transfer receipts.

• Indian Railways has launched the process of opening up train operations to private entities on 109 Origin Destination (OD) pairs of routes using 151 modern trains. It has invited Request for Qualifications proposals, for scrutiny of vendor capabilities, from those who can bring modern trains for operations on existing rail infrastructure. The Railway Board has set a tentative schedule for private train operations, expected to begin in 2023 and in 12 clusters.

• Indian Railways has launched the process of opening up train operations to private entities on 109 Origin Destination (OD) pairs of routes using 151 modern trains. It has invited Request for Qualifications proposals, for scrutiny of vendor capabilities, from those who can bring modern trains for operations on existing rail infrastructure. The Railway Board has set a tentative schedule for private train operations, expected to begin in 2023 and in 12 clusters.

• Congress Party has alleged that the strength of the Council of Ministers in Madhya Pradesh exceeds the prescribed limit and is in violation of the Constitution-prescribed strength. With an Assembly strength of 206, the strength of the Council of Ministers shouldn’t have exceeded 30. The appointment of 34 Ministers, including Mr. Chouhan, is in violation of Constitutional rules.

• For the first time since it was established in 1997, Prasar Bharati has set up a board for recruitment of thousands of programming, engineering, transmission and other executives up to the level of Directors. The six-member board will be headed by senior journalist Jagdish Upasane, who is a director of Bharat Prakashan, the group that publishes RSS mouthpieces Panchajanya and Organiser.

• Botanists have “rediscovered” a rare and critically endangered plant species called Globba andersonii from the Sikkim Himalayas near the Teesta river valley region after a gap of nearly 136 years. The plant Globba andersonii is commonly known as ‘dancing ladies’ or ‘swan flowers’. Globba andersonii are characterised by white flowers, non-appendaged anthers (the part of a stamen that contains the pollen) and a “yellowish lip”.

• Botanists have “rediscovered” a rare and critically endangered plant species called Globba andersonii from the Sikkim Himalayas near the Teesta river valley region after a gap of nearly 136 years. The plant Globba andersonii is commonly known as ‘dancing ladies’ or ‘swan flowers’. Globba andersonii are characterised by white flowers, non-appendaged anthers (the part of a stamen that contains the pollen) and a “yellowish lip”.

• The Union Home Ministry designated nine more individuals as “terrorists” under the amended anti-terror law that was passed by Parliament last year. The nine persons declared terrorists are linked to separatist Khalistani groups that seek to establish a separate country for the Sikhs. The Unlawful Activities Prevention Act (UAPA) was enacted in 1967. The 2019 amendment gave the Home Ministry the power to designate individuals as terrorists.

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