02.03.22 UKPSC Daily Current Affairs

 

INTERNATIONAL

 

China hikes military spending by 7.1%, announces 5.5% GDP target

 

China announced a 7.1% hike in its defence spending as well as an annual GDP growth target of “around 5.5%” for the coming year.

China’s Premier and second-ranked leader Li Keqiang announced the GDP target at the opening of the week-long session of the National People’s Congress (NPC) or Parliament, which approves policies for the coming year.

A draft budget, which the NPC will approve, said defence spending would be hiked by 7.1% to 1.45 trillion Yuan or around $ 230 billion. The military budget was hiked by 6.8% last year when it crossed the $200 billion mark for the first time. India’s military spending this year was announced as around $70 billion, a 4.4% hike from the previous year, although a greater share of India’s defence spending goes towards imports and pensions.

 

India, US hold 19th military cooperation meeting to boost defence engagements

The two-day-long 19th military cooperation meeting between India and the US has ended in Agra in Uttar Pradesh, the Defence Ministry stated.

 

The India-US military cooperation group is a forum established to progress defence cooperation between the countries through regular talks at the strategic and operational levels between Headquarters of Integrated Defence Staff and the US Indo-Pacific Command, the Defence Ministry mentioned.

 

NATIONAL

 

New intitatives for plastic waste :‘Sambhav’ and ‘Svavlamban’

 

  • Sambhav’ and ‘Svavlamban’ initiatives were launched by Union Minister of State for Micro, Small and Medium Enterprises (MSMEs), BhanuPratap Singh Verma, at the International Summit on Plastics Recycling and Waste Management.

 

  • The ‘Sambhav’ and ‘Svavlamban’ initiatives and the summit will have multiple benefits i.e. formalizing the informal waste sector, job creation in the MSME sector, and reduction in plastic waste.

 

These initiatives aim to encourage young entrepreneurs, especially from the aspirational districts of India.

 

NariShaktiVarta

 

UNICEF YuWaah facilitated the NaariShakti conversation, on ‘STEM and Financial Literacy for Young Women’. STEM refers to “Science, Technology, Engineering, and Mathematics”.

 

The event was part of the Ministry of Women and Child Development’s ‘Iconic Week’ celebrating International Women’s Day under the ‘AzadiKaAmritMahotsav’.

 

Union Minister for Women & Child Development, SmritiIrani participated in the event.

 

YuWaah is a UNICEF-initiated multi-stakeholder global platform. It aims to prepare young people to transition from education and learning to productive work and active citizenship.

 

NCB to hire experts, firms to help in probe into drug crimes

The Narcotics Control Bureau (NCB) will hire experts and firms dealing with financial data analysis and forensic audit to augment its probe in sophisticated drug crimes that involve use of the dark web, cryptocurrencies and deals concealed through layered transactions.

The NCB has issued a notice for empanelment of consultancy agencies which would be required to help it in “unearthing the chain of transactions for drug money and provide effective guidance in financial investigation matters.”

The experts will also assist NCB sleuths in conducting forensic audits, scrutiny of reports and documents and analysing bank statements, and property transactions to unearth the illegal income of an accused, associates and family members.

 

 

Free medical camp marks National Safety Day celebrations

 

A free health camp was conducted for the workers and supervisory staff involved in the works related to the water conveyor system under the Kaleshwaram lift irrigation project at Namapur village in Pegadapallimandal of Jagtial district.

 

According to a press release, the free health camp was conducted by the executing agency concerned on the occasion of the National Safety Day.

More than 300 persons availed the free services offered by a team of doctors at the medical camp.

 

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