14 Jan 2021 Current affaires

NITI Aayog and Flipkart, have come together to launch the revamped Women Entrepreneurship Platform(WEP)

Amitabh Kant, CEO, NITI Aayog

Flipkart CEO: Kalyan Krishnamurthy.

Key points
  • NITI Aayog Formed: 1 January 2015.
  • NITI Aayog Headquarters: New Delhi.
  • NITI Aayog Chairperson: Narendra Modi.
  • Flipkart headquarters: Bengaluru, Karnataka.

India ranks 4th in ‘Break Out Economies


"Break Out Economies" are those that are digitalising very quickly and yet have a lot of room to grow before matching those in the developed economies, such as those in Europe and in more developed Asian countries like Singapore, South Korea, and Hong Kong.

The Japanese brokerage Nomura has revised upward, the GDP forecast for India in 2020-21 and now expects it to contract to 6.7 per cent.

Swiss brokerage major UBS Investment Bank has projected the Indian economy to contract 7.5 per cent in the current fiscal FY21, ending March 2021

The BofA Securities expects the GDP growth of India for the current financial year 2020-21 to contract by 6.7 per cent.
 
The Fitch Ratings expect the gross domestic product (GDP) of India to contract by 9.4 per cent in FY21 (April 2020 to March 2021).


The Chief Minister of Odisha, Naveen Patnaik virtually inaugurated a first of its kind ‘Fire Park’, to educate and bring awareness on basic fire safety measures among the people, particularly the students. The ‘Fire Park’ is located inside the premises of the Odisha Fire and Disaster Academy in Bhubaneswar.

        "The Chaiwala guru" of Cuttack 

Noted social activist and Padma Shri winner, D Prakash Rao has passed away. He was basically a tea seller based in Cuttack, who spent his entire earning to educate slum children, through the school ‘Asha O Ashwasana’, which he started in 2000. He was conferred with the prestigious Padma Shri award in 2019 for his contribution towards boosting the value of education among slum kids in Cuttack.

In India, the Armed Forces Veterans Day is observed each year on 14 January since 2017 to acknowledge and honour the selfless devotion and sacrifice of our veterans in the service of the nation.
India to not have any foreign leader as Chief Guest for Republic Day 2021

The External Affairs Ministry on January 14, 2021 announced that this year India will not have any foreign leader as chief guest for the Republic Day celebrations due to the COVID-19 pandemic. This will be the first time in more than 50 years that there will not be any foreign head at the Republic Day parade.

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