Current Affairs for IAS Exams - 05 June 2019
VP calls for translation of vedas to Indian languages to reach common man
- The Vice President of India, Shri M. Venkaiah Naidu has visited
Vekateswara Veda VigyanaPeetham run by TirumalaTirupatiDevasthanams (TTD),
at Tirumala today, and called for translating Vedas into various Indian
languages in a simplified manner for the common man to understand their
- Addressing the students and the teachers of the Peetham, the Vice
President described Vedas as a veritable treasure house of knowledge and
said they reflect India’s age-old traditions and culture. There was a need
to protect, preserve and propagate the scientific knowledge contained in the
Vedas on various aspects of life and bring them within the reach of the
common man, he added.
- Shri Naidu said that Vedas were not mere religious texts but
contain knowledge of various disciplines such as mathematics, astronomy,
agriculture, chemistry and metallurgy.
- Observing that Vedas could provide solutions to the most complex
problems and challenges of the modern-day world, the Vice President called
for taking up research on the knowledge contained in Vedas. He expressed his
anguish that this aspect was not being paid adequate attention in India,
while countries like Germany were undertaking extensive research.
- Describing the students of the Veda Peetham as modern day Rishis,
he expressed confidence that they would preserve and propagate the
invaluable treasure of Vedas. Claiming that Guru-Sishiyaparampara was a
proud heritage of Sanathana Dharma, he said that learning of Vedas
exemplifies this noble tradition.
HRD ministry gives direction on preparing action plan to develop Indian
- Human Resource Development Minister Ramesh Pokhriyal 'Nishank'
today directed the Ministry officials to prepare an action plan on
developing various Indian languages in an integrated manner.
- He said we should also try to do further research in the wealth of
knowledge hidden in ancient Indian texts and integrate them with modern day
- An official statement said that during a review meeting of the
Ministry, Mr Pokhriyal also highlighted the importance of quality education.
- He also stressed on the need to create as many vocational courses
as possible in order to push the youth into the employment stream without
delay. He was briefed about the new vocational courses designed by the
Ministry to cater the requirements of industry.
- Mr Pokhriyal directed that the foundation stone of the six IIMs,
which are in pipeline, should be laid at the earliest.Commenting on Study in
India programme, the HRD Minister said India-centric courses should be
started to attract foreign students.
RBI recommends enhancement of payment acceptance infrastructure
- While there has been robust growth in the volume of retail
electronic transactions amid a strong regulatory framework, the country
needs to enhance its payments acceptance infrastructure, a study on digital
payments by the Reserve Bank of India has observed.
- The findings are from a report on ‘Benchmarking India’s Payment
Systems’, which provides a comparison of the payment ecosystem in India with
the payment systems and usage trends in other major countries.
- The central bank had undertaken the exercise of benchmarking
India’s payment systems vis-à-vis payment systems in a mix of advanced
economies, Asian economies and the BRICS nations.
- While the report acknowledged that the growth in the volume of
payment systems transactions had been strong and steady, the relatively high
level of cash in circulation offered scope for a higher level of
digitisation of payments, it said.
- The report also said that the level of credit card penetration in
India was low when compared to advanced countries, where it was a preferred
option for making payments.
World bank reports slow global growth in 2019
- The World Bank Group has downgraded global real GDP growth to 2.6%
for 2019, down by 0.3 percentage points from its previous forecast in
January. Growth is expected to increase marginally to 2.7% in 2020.
- The multilateral development bank’s June 2019 Global Economic
Prospects (GEP) report, titled, ‘Heightened Tensions, Subdued Investment’
says the global economy “has continued to soften and momentum remains weak”
and investment, sluggish.
- Downside risks to global growth, as per the report, include rising
trade barriers, a build-up of government debt and slowdowns that were
deeper-than-expected in several major economies.
- Sluggishness of investment in Emerging Markets Developing
Economies is part of a protracted (barring the 2016-2018 recovery) slowdown
following the global financial crisis, as per the report.
- India’s growth at a projected 7.5% is supported by credit growth
and an accommodative monetary policy. “Support from delays in planned fiscal
consolidation at the central level should partially offset the effects of
political uncertainty around elections,” the report says.
- The prognosis for the impact of U.S.-China trade tensions is grim.
“adverse effects from weakening growth and rising policy uncertainties
involving the world’s two largest economies would have predominantly
negative repercussions,” it says.
- A no-deal Brexit could have ‘severe impact’ on the U.K. and to a
lower extent, on its European trading partners in the event of disruptions
and delays at the border.
OIC condemns communal violence in Srilanka targeting muslims
- Communal violence targeting Muslims in Sri Lanka has regional and
global security implications, envoys of the Organisation of Islamic
Cooperation (OIC) countries in Sri Lanka have cautioned, urging the
government to take “every measure necessary” to prevent such incidents.
- “The developing situation over the past few days has been
extremely worrying with regards to the safety and protection of the Sri
Lankan Muslim community, including some foreign Muslim refugees. The lives
and livelihoods of Muslims, including their local stores and large business
establishments, are threatened by the prevailing conditions with unforeseen,
dangerous consequences,” they said in a joint statement on Tuesday.
- Further, they sought “swift and stern judicial” action against
perpetrators of communal violence, regardless of their “religious and
political influence” in Sri Lankan society.
- As many as 14 OIC-member states have missions in Colombo. Select
envoys, who attended an Iftar ceremony hosted by President
MaithripalaSirisena on Monday, had a discussion with him following the
event, on the developments since the April 21 Easter terror attacks.
Conveying their concern over the “demonising” of Muslims by sections and
the growing instances of hate speech, they requested President Sirisena to
take steps to de-escalate tensions, sources present at the meeting said.
- Speaking at the ceremony earlier, President Sirisena had said “the
country will be doomed” if conflicts arise due to different ethnicities.
Nigerian ambassador elected president of UNGA
- Nigeria's Ambassador to the United Nations Tijjani Muhammad-Bande
was elected as President of the 74th session of the UN General Assembly. The
193-member UNGA elected Muhammad-Bande, who had been nominated by Nigeria
and endorsed by the African group, at the election by acclamation.
- In accordance with the rules, the President of the 74th session of
the General Assembly should be elected from among the African States.
Muhammad-Bande was elected by acclamation and he will succeed Maria Fernanda
Espinosa as the President of the next General Assembly session that will
commence in September.
- He assumes charge as the world body gets ready to celebrate the
75th anniversary of its creation next year.
- India had supported Muhammad-Bande's candidature describing him as
a great friend and a well-known son of Africa during an informal interactive
dialogue with the Nigerian envoy last month.
::SCIENCE & TECHNOLOGY::
Experimental drug protects animals from nipah in a breakthrough
- An experimental drug has protected monkeys against infection with
Nipahvirus, a lethal disease and emerging pandemic threat for which there is
no approved vaccine or cure, scientists reported on Wednesday.
- The antiviral drug, Remdesivir, is also being tested against the
Ebola virus in the outbreak now under way in the Democratic Republic of
- The only current treatment for Nipah virus infection is a
monoclonal antibody that is still experimental; it was tested during an
outbreak in India last year.
- In the new trial, eight African green monkeys were given lethal
doses of Nipah virus. Half of them later got intravenous Remdesivir. All
four monkeys that got the drug survived; the four that did not died within
- If the drug wins approval for use against Nipah, “it will give us
an extra treatment that could be used relatively quickly,” said Emmie de
Wit, a virologist at the National Institute of Allergy and Infectious
Diseases and one of the study’s lead authors.
- The study, done jointly by the NIAID and the Centers for Disease
Control and Prevention, was published in Science Translational Medicine .Nipah
virus, which causes encephalitis and pneumonia, is lethal in about 70% of
cases and can be caught from animals or transmitted between people.
Indian women team clinches Fitzgerald U21 title
- The Indian junior women's hockey team clinched the Cantor
Fitzgerald U21 International 4-Nations title after beating Ireland 1-0 in
the final at Dublin, Ireland yesterday.
- The win meant India ended the tournament with an unblemished
record. With three goals in four games, Mumtaz Khan finished as the highest
goal scorer of the tournament.
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