General Awareness

NATIONAL AFFAIRS - January 2024

Jan 2024

Jan 03, 2024

Modi Govt. Inked One FTA in 2023

Free trade agreements (FTAs) have proved hard nuts for Prime Minister Narendra Modi-led Central Government to crack as of the three trade pacts it had intended to sign before the end of 2023, the government could ink just one with the UAE.
Negotiations for FTAs with Australia and the UK are still a work in progress.
India and Australia have signed a precursor agreement to an FTA. The feeling here is that Canberra has lost steam after its Anthony Albanese-led government began cozying up to China which lowered the punitive import duties it had earlier imposed on some agricultural products.

Jan 02, 2024

Government of India Constitutes Sixteenth Finance Commission with Arvind Panagariya as its Chairman

The government appointed former Niti Aayog vice chairman and Columbia University professor Arvind Panagariya as the chairman of the Sixteenth Finance Commission, which will recommend the tax revenue sharing formula between the Centre and the States for the five-year period beginning April 2026.
The Chairman and other members of the Commission shall hold office from the date on which they respectively assume office up to the date of the submission of report or October 31, 2025, whichever is earlier.
October 2025 is the deadline set for the Commission to submit its recommendations, so that they can be incorporated in the Budget exercise for 2026-27. The Finance Commission usually takes about two years to consult stakeholders in the States and Centre and arrive at their conclusions.
The Finance Commissions are commissions periodically constituted by the President of India under Article 280 of the Indian Constitution to define the financial relations between the central government of India and the individual state governments. The First Commission was established in 1951.

Sagar Parikrama (Phase X) Event from January 1 to 6 2024

Union Minister for Fisheries, Animal Husbandry and Dairying Parshottam Rupala along with Minister of State L. Murugan is participating in the Sagar Parikrama (Phase X) organised from January 1 to 6, 2024 at various locations of Andhra Pradesh and Puducherry.
Union Ministers will distribute Kisan Credit Card (KCC) to beneficiaries like fishermen, aqua farmers and other stakeholders during the events to progressive fishermen, particularly coastal fishermen and fish farmers, young fisheries entrepreneurs etc.
The Sagar Parikrama Yatra features the interactions of Minister with fishermen, fish farmers and other relevant stakeholders. Campaigns on KCC and other activities are also being conducted across the coastal districts of Andhra Pradesh and Puducherry. State fisheries officials, fishermen representatives, fish-farmers, entrepreneurs, fishermen cooperative society leaders, professionals, scientists, and other stakeholders from across the nation will accompany the events.

India, Pakistan Exchange List of N- Installations

India and Pakistan exchanged the list of nuclear installations between the two countries. This was the 33rd consecutive exchange of lists of nuclear installations between the two countries, the first one having taken place on January 1, 1992.
The lists of nuclear facilities were simultaneously exchanged through diplomatic channels in New Delhi and Islamabad in line with the provisions of the Agreement on the Prohibition of Attack against Nuclear Installations and Facilities.
The agreement was signed on December 31, 1988 and entered into force on January 27, 1991. It stipulates that India and Pakistan should inform each other about the nuclear installations and facilities to be covered under the pact on the first of January of every calendar year.

Jan 01, 2024

Lt. Governor Inaugurates CRC Samba-Jammu for Person with Disabilities

In a historic event, the Lt. Governor Shri Manoj Sinha of the Union Territory of Jammu & Kashmir unveiled the commemorative plaque, officially inaugurating the Composite Regional Centre (CRC) for Skill Development, Rehabilitation & Empowerment of Persons with Disabilities (Divyangjan) in Samba – Jammu. This momentous occasion signified a significant stride towards inclusivity and empowerment for individuals with disabilities in the region.
The CRC Samba – Jammu, an initiative by the Department of Empowerment of Persons with Disabilities, Ministry of Social Justice & Empowerment, Govt. of India, aims to provide comprehensive support, skill development, and rehabilitation services. The overarching goal is to empower individuals with disabilities and facilitate their seamless integration into mainstream society.

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