18 February, 2025
GK Update
Tue 18 Feb, 2025
National News
Second All India State Water Ministers' Conference
- The second All India State Water Ministers' Conference is being held in Udaipur, Rajasthan, from February 18 to 19, 2025.
- The first All India Water Ministers' Conference was held in Bhopal in January 2023.
Related Facts:
|
'Malaysia Food and Cultural Festival-2025' Organized
- The 'Malaysia Food and Cultural Festival-2025' is being organized in India from February 17 to 23.
- The festival was inaugurated by H.E. Dato' Muzafar Shah Mustafa, High Commissioner of Malaysia to India, and Ahmad Johanif Mohammad Ali, Director of Tourism Malaysia Delhi.
Malaysia:
|
Leadership:
|
National Geospatial Knowledge-Based Land Survey of Urban Settlements
- The Ministry of Rural Development has launched the National Geospatial Knowledge-Based Land Survey (NAKSHA) in 152 urban local bodies across 26 states and 3 union territories.
Relevant Facts:
|
Meeting on ‘Recognizing Progressive Disabilities – Adopting a Holistic Approach to Disability Rights’
- The National Human Rights Commission (NHRC), India, organized a core group meeting in hybrid mode in New Delhi on the topic ‘Recognizing Progressive Disabilities – Adopting a Holistic Approach to Disability Rights.’
National Human Rights Commission (NHRC):
Established: October 12, 1993 (Under the Protection of Human Rights Act, 1993) | Headquarters: New Delhi
|
Objective: Protection and promotion of human rights in India |
9th Anniversary of Pradhan Mantri Fasal Bima Yojana (PMFBY):
- Pradhan Mantri Fasal Bima Yojana (PMFBY) celebrated its 9th anniversary on February 18, 2025.
- The scheme was launched by Prime Minister Narendra Modi on February 18, 2016.
Related Facts:
Premium Rates:
|
This scheme covers crop losses due to natural calamities, pests, diseases, hailstorms, and landslides. |
Panchayat Devolution Index Report
- The Indian Institute of Public Administration (IIPA) has conducted a study on the status of Panchayats across the country and submitted the "Panchayat Devolution Index Report" to the Ministry of Panchayati Raj.
- The report ranks the states based on the empowerment and efficiency of their Panchayats.
Related Facts:
|
8th Edition of Pariksha Pe Charcha:
- In the 8th edition of Pariksha Pe Charcha, renowned sports personalities like Mary Kom, Suhas Yatiraj, and Avani Lekhara interacted with students and shared valuable tips with them.
'Pariksha Pe Charcha (PPC)':
|
Economy and Banking
India's Economic Growth and Political Stability: Report
- A recent report highlights the significant role of political stability in India's economic growth. Specifically, the strong government of the National Democratic Alliance (NDA) has played a crucial role in effectively implementing economic policies and reforms, which has boosted market confidence.
India's Economic Growth Projections by Various Agencies:
|
India's Trade Deficit:
- According to the data released by the Ministry of Commerce on February 17, 2025, imports increased by 10.28% year-on-year, reaching $59.42 billion, resulting in a trade deficit of $22.99 billion.
- Due to volatility in petroleum prices and global uncertainties, India's exports declined by 2.38% to $37.32 billion in January, marking the third consecutive month of decrease.
Related Facts:
|
SEBI Introduces New Industry Standards for Listed Entities
- The Securities and Exchange Board of India (SEBI) has introduced new industry standards related to Related Party Transactions (RPT) for listed entities.
- The primary aim of this new regulation is to enhance transparency and accountability in related party transactions among listed entities.
Securities and Exchange Board of India (SEBI):
|
Mutual Credit Guarantee Scheme:
- The Ministry of Finance has launched the 'Mutual Credit Guarantee Scheme for MSMEs,' which was announced in the Union Budget 2024-25 to promote micro, small, and medium enterprises (MSMEs).
- Under this scheme, entrepreneurs in the MSME sector can avail loans of up to ₹100 crore for plant and machinery with 60% guarantee coverage.
Key Features of the Mutual Credit Guarantee Scheme:
|
|
APEDA Sends First Commercial Test Shipment to Australia
- The Agricultural and Processed Food Products Export Development Authority (APEDA), in collaboration with Agrostar and KB Exports, has sent the first commercial test shipment of premium Sangola and Bhagwa pomegranates from India to Australia.
Related facts:
First shipment: 6 December 2024 – 13 January 2025, 5.7 MT (1,900 boxes) of premium pomegranates shipped from Solapur, Maharashtra to Sydney. | Second shipment: January 6, 2025, 6.56 metric tonnes (1,872 boxes) of saffron pomegranates arrived in Brisbane. | Agreement: India signed the Action Plan and SOP for Pomegranate export to Australia in February 2024. |
India's Smartphone Exports in January
- India's smartphone exports surged by 140% in January compared to the same period last year. According to industry estimates, exports earned a record ₹25,000 crores (3 billion USD), with major contributions from top technology companies like Apple and Samsung, which increased their shipments from India to international markets.
Related Facts:
Key Suppliers:
|
|
Device Tokenization Solution: PhonePe
- Fintech leader PhonePe has announced the launch of a device tokenization solution for credit and debit cards. This solution aims to enhance the security of card transactions by replacing sensitive card details with a unique token.
Related Facts:
PhonePe:
|
famous face
Sheikh Tamim bin Hamad Al Thani
- The Emir of Qatar, Sheikh Tamim bin Hamad Al Thani, is on a two-day visit to India from 17th February 2025. This is his second visit to India after March 2015.
Qatar:
|
|
Pratul Mukhopadhyay
- Famous Bengali singer and songwriter Pratul Mukhopadhyay passed away at the age of 82 due to pancreatic-related diseases and age-related health issues.
International News
'India-Philippines Cultural and Educational Exchange Summit'
- In celebration of the 75th anniversary of the establishment of diplomatic relations between India and the Philippines, the 'India-Philippines Cultural and Educational Exchange Summit' was held in Cebu city, southern Philippines.
- During the event, a statue of Tamil saint and poet Thiruvalluvar was unveiled.
Philippines :
|
|
27th Annual New Year Celebration of the Asia Pacific Cultural Center
- The 27th Annual New Year Celebration of the Asia Pacific Cultural Center was held at the Tacoma Dome in Washington, where India was the theme country for the first time.
Israeli Delegation to Visit Cairo for Gaza Ceasefire Agreement Talks
- According to Israeli Prime Minister Benjamin Netanyahu, a delegation will visit Cairo, the capital of Egypt, on February 18, 2025, to discuss the Gaza ceasefire agreement.
Israel :
|
|
Science and Technology
Deep-sea manned scientific submersible Matsya-6000 completes wet testing
- India's fourth generation deep-sea manned scientific submersible Matsya-6000 successfully completed wet testing at Kattupalli Port.
|
ISRO develops 10-tonne vertical mixer
- The Indian Space Research Organisation (ISRO) developed an indigenous 10-tonne vertical mixer for solid propellant mixing.
- The mixer weighs around 150 tonnes, and measures 5.4 metres in length, 3.3 metres in width, and 8.7 metres in height.
Related Facts:
|
Awards and Honours
Sportstar Aces Awards 2025
- The Sportstar Aces Awards 2025 were held on 14th February 2025 at the Taj Mahal Palace in Mumbai, where India's top sporting talents were honored for their exceptional performances.
Among the main awards:
|
|
Uttarakhand Gaurav Samman
- The Indian Mountain Association has honored Chief Minister Yogi Adityanath with the Indian Uttarakhand Gaurav Samman.