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Day To Day Current Affairs - 20th October 2014
1. India set to become USD 2 trillion economy this year: IMF
i. India is poised to become a USD two trillion economy this year, while its GDP size would cross another milestone of USD three trillion after five years in 2019, according to IMF's latest world economic outlook.
ii. India's ranking would also improve to seventh largest economy in the world, while measured on "current prices" basis in US dollar, in 2019 from its tenth position currently.
iii. Latest data from the International Monetary Fund (IMF) show that Indian economy is set to be worth USD 2.05 trillion this year, increasing its size from USD 1.88 trillion in 2013. Last year too, India was among the ten largest economies in the world.
iv. Going by the IMF, United States would remain the world's largest economy with a size of USD 17.42 trillion, followed by China at USD 10.35 trillion.
v. Meanwhile, India is all set to cross the USD 3 trillion milestone in 2019 with a size of USD 3.18 trillion, surpassing Russia, Brazil and Italy. This would also make India the world's seventh largest economy.
iii. Latest data from the International Monetary Fund (IMF) show that Indian economy is set to be worth USD 2.05 trillion this year, increasing its size from USD 1.88 trillion in 2013. Last year too, India was among the ten largest economies in the world.
iv. Going by the IMF, United States would remain the world's largest economy with a size of USD 17.42 trillion, followed by China at USD 10.35 trillion.
v. Meanwhile, India is all set to cross the USD 3 trillion milestone in 2019 with a size of USD 3.18 trillion, surpassing Russia, Brazil and Italy. This would also make India the world's seventh largest economy.
vi. The United States would remain the world's largest economy in 2019 with a size of USD 22.15 trillion, followed by China (USD 15.52 trillion) and Japan (USD 5.43 trillion).
2. Union Home Ministry drafted a new counter-Naxal doctrine
i. Union Home Ministry drafted a new counter-Naxal doctrine. In the drafted law, the ministry clearly demarcated the role of the state police and central paramilitary forces (CPMFs) in anti-Maoist operations.
ii. The ministry proposed to put state police forces in the lead, while tasking CPMFs with using their pan-Indian mandate for seamless operations across state borders and holding the counter-insurgency grid together.
ii. The ministry proposed to put state police forces in the lead, while tasking CPMFs with using their pan-Indian mandate for seamless operations across state borders and holding the counter-insurgency grid together.
iii. The policy proposed oversight committee at the national and state level. The national panel will comprise home minister, finance minister, tribal affairs minister, environment minister, rural development minister, panchayati raj minister and road & transport minister, besides chief ministers of all Naxal-hit states, and will meet bi-annually.
iv. The new counter-LWE doctrine pitches for making CRPF a world-class counter-insurgency force, with a sustained upgrade in its training, infrastructure, arms and financial powers.
3. ICC awarded global broadcast rights from 2015 to 2023 to Star India and Star Middle East
i. The International Cricket Council (ICC) on 10 October 2014 awarded the global broadcast agreement rights for ICC Events from 2015 to 2023 to Star India and Star Middle East.
ii. The agreement is said to be the biggest ever global broadcast partnership of Cricket.
iii. The agreement included the eight-year period. During the period, 18 ICC tournaments, including two ICC Cricket World Cups (2019 and 2023), two ICC Champions Trophy tournaments (2017 and 2021) and two ICC World Twenty20 tournaments (2016 and 2020) will be held.
About Star India
i. Star India is one of India’s largest media and entertainment companies and is a fully owned subsidiary of 21st Century Fox, INC.
ii. The Star group has defined India’s broadcast media over two decades and today broadcasts more than forty channels in seven languages, reaching more than 650 million viewers every week across India and around 100 other countries.
About Star Middle East: Star Middle East is a wholly owned subsidiary of 21st Century Fox, INC. in the Middle East. It distributes 13 satellite cable television channels in the Middle East and Africa.
4. Five-yr-old Indian is the youngest to reach Everest Base Camp
i. A five-year-old Indian boy, Harshit Saumitra, has become the youngest person to reach the Everest Base Camp (EBC).
ii. A class 1 student from New Delhi, Harshit took 10 days to cover the distance of 62km trek, many sections of which were covered by 5-7 inch of snow from the snowstorm caused by the tail-end of cyclone Hudhud.
iii. “I felt very good. I unfurled the tricolor at the Everest Base Camp,” said Harshit after his return from the trek.
iv. He also climbed the Kalapathar (5550 m) peak, located near the EBC. With this, the child overtakes the record set by Aaryan Balaji, a seven-year old Indian boy who had reached the two peaks in May 2012.
v. “We were worried that Harshit might experience altitude sickness. But he didn’t face any problem,” said his father, Rajeev Saumitra, a mountaineer who had reached the peak of Mount Everest (8848 m) last year.
iii. “I felt very good. I unfurled the tricolor at the Everest Base Camp,” said Harshit after his return from the trek.
iv. He also climbed the Kalapathar (5550 m) peak, located near the EBC. With this, the child overtakes the record set by Aaryan Balaji, a seven-year old Indian boy who had reached the two peaks in May 2012.
v. “We were worried that Harshit might experience altitude sickness. But he didn’t face any problem,” said his father, Rajeev Saumitra, a mountaineer who had reached the peak of Mount Everest (8848 m) last year.
5. India juniors retain Sultan of Johor Cup title
i. Harmanpreet Singh converted two penalty corners to help India sucessfully defend its Sultan of Johor Cup (SOJC) U-21 hockey title, beating Great Britain 2-1 in a keenly-contested final on Sunday.
ii. Harmanpreet (45th and 90 minutes) slammed home two set pieces at the Taman Daya Hockey Stadium to take his goals tally to eight in the tournament. For Great Britain Samuel French (55th minute) was the lone goal scorer.
iii. Great Britain, unbeaten in the preliminary round, came into the final with a psychological advantage over India having beaten them 2-0 in their round-robin clash.
iv. Malaysia had won the inaugural title with Germany winning in 2012 and India last year. And the young Indians duely achieved their goal with a late winner from Harmanpreet.
6. ICC rankings: Kohli claims 2nd spot,
i. Indian batsman Virat Kohli claimed number two slot in the ICC rankings while swing bowler Bhuvneshwar Kumar broke into top-10 for the first time in his career.
ii. Kohli scored 191 runs, including 127 in the final match, in India’s 2-1 series win as he pushed South Africa’s Hashim Amla to number three in the list, topped by Amla’s compatriot AB de Villiers.
iii. Indian skipper MS Dhoni was the next best India at number six (unchanged) while Shikhar Dhawan lost a place to be eighth. Left-handed Suresh Raina gained three places to move to 15th.
iv. Bhuvneshwar took only two wickets in the series but he jumped seven places to number seven, just behind Ravindra Jadeja, who slipped to sixth from fifth.
7. Batra elected unopposed as HI president, Ahmed is gen-secy
i. Narinder Batra was elected unopposed as the president of the Hockey India while Mohammed Mushtaq Ahmad and Rajinder Singh were elected as new general secretary and treasurer respectively at the 4th Hockey India Congress, in New Delhi on Monday.
ii. Batra completed his four-year term as the secretary-general and with no opposition in the HI ranks did not face any problems during his elevation to the top post.
iii. Talking about his new role, Batra said,"Also, being appointed as an unopposed President, I feel overwhelmed with the trust and faith that the members have showed in me. I shall strive to live up to the new role that I am stepping into and hoping to justice to it."
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