Daily Current Affairs 2019 | Daily GK Updates : 31st May 2019
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Current Affairs (National)
♦ Full list of ministers in the Narendra Modi Cabinet of 2019
- BJP leader Narendra Modi on Thursday was sworn in as Prime Minister for the second time. Fifty seven Ministers took oath with him.
- By winning 303 seats, the Bharatiya Janata Party got the decisive mandate to rule the country for the next five years. Even though the party has the required numbers to form the government on its own, it has decided to accommodate its allies in the Ministries.
- Rajnath Singh – Defence
- Amit Shah – Home Affairs
- Nirmala Sitharaman – Finance; Corporate Affairs
- Subrahmanyam Jaishankar – External Affairs
- Nitin Gadkari – Road Transport and Highways; Micro, Small and Medium Enterprises
- DV Sadananda Gowda – Chemical and Fertilizers
- Ram Vilas Paswan – Consumer Affairs, Food and Public Distribution
- Narendra Singh Tomar – Agriculture and Farmers Welfare; Rural Development; Panchayati Raj
- Ravi Shankar Prasad – Law and Justice; Communications; Electronics and Information Technology
- Harsimrat Kaur Badal – Food Processing Industries
- Thawarchand Gehlot – Social Justice and Empowerment
- Ramesh Pokhriyal Nishank – Human Resource Development
- Arjun Munda – Tribal Affairs
- Smriti Irani – Women and Child Development; Textiles
- Dr. Harsh Vardhan – Health and Family Welfare; Science and Technology; Earth Sciences
- Prakash Javdekar – Environment, Forest and Climate Change; Information and Broadcasting
- Piyush Goyal – Railways; Commerce and Industries
- Dharmendra Pradhan – Petroleum and Natural Gas; Steel
- Mukhtar Abbas Naqvi – Minority Affairs
- Prahlad Joshi – Parliamentary Affairs; Coal; Mines
- Mahendra Nath Pandey – Skill Development and Entrepreneurship
- Arvind Sawant – Heavy Industries and Public Enterprise
- Giriraj Singh – Animal Husbandry, Dairying, and Fisheries
- Gajendra Singh Shekhawat – Jal Shakti
Ministers of State (Independent Charge)
- Santosh Kumar Gangwar – Labour and Employment
- Rao Inderjit Singh – Statistics and Programme Implementation; Planning
- Shripad Yesso Naik – Ayurveda, Yoga and Naturopathy, Unani, Siddha and Homoeopathy (AYUSH); MoS Defence
- Dr. Jitendra Singh – Ministry of Development of North Eastern Region; MoS PMO; Personnel, Public Grievances, and Pensions; Department of Atomic Energy; Department of Space
- Kiren Rijiju – Youth Affairs and Sports; MoS Minority Affairs
- Prahalad Singh Patel – Culture; Tourism
- Raj Kumar Singh – Power; New and Renewable Energy; MoS Skill Development and Entrepreneurship
- Hardeep Singh Puri – Housing and Urban Affairs; Civil Aviation; MoS Commerce and Industry
- Mansukh L Mandaviya – Shipping; MoS Chemicals and Fertilizers
Ministers of State
- Faggansingh Kulaste- Steel
- Ashwini Kumar Choubey – Health and Family Welfare
- Arjun Ram Meghwal – Parliamentary Affairs; Heavy Industries and Public Enterprises
- General (Retd) VK Singh – Road Transport and Highways
- Krishan Pal – Social Justice and Empowerment
- Danve Raosaheb Dadarao – Consumer Affairs, Food, and Public Distribution
- G Kishan Reddy – Home Affairs
- Parshottam Rupala – Agriculture and Farmers Welfare
- Ramdas Athawale – Social Justice and Empowerment
- Sadhvi Niranjan Jyoti – Rural Development
- Babul Supriyo – Environment, Forest and Climate Change
- Sanjeev Kumar Balyan – Animal Husbandry, Dairying, and Fisheries
- Dhotre Sanjay Shamrao – Human Resource Development; Communications; Electronics and Information Technology
- Anurag Singh Thakur – Finance; Corporate Affairs
- Angadi Suresh Channabasappa – Railways
- Nityanand Rai – Home Affairs
- Rattan Lal Kataria – Jal Shakti; Social Justice and Empowerment
- V Muraleedharan – External Affairs; Parliamentary Affairs
- Renuka Singh Saruta – Tribal Affairs
- Som Parkash – Commerce and Industry
- Rameswar Teli – Food Processing Industries
- Pratap Chandra Sarangi – Micro, Small and Medium Enterprises; Animal Husbandry, Dairying and Fisheries
- Kailash Choudhary – Agriculture and Farmers Welfare
- Debasree Chaudhuri – Women and Child Development
♦ IIT Guwahati signs MoU with ISRO to set up space technology
- Indian Institute of Technology (IIT), Guwahati has signed an MoU with The Indian Space Research Organisation (ISRO) to set up an IITG-ISRO Space Technology Cell (STC) at the institute where Assam Governor Jagdish Mukhi inaugurated a new academic complex and research and development building on Wednesday.
- Stating the MoU was signed on May 24, an IIT-G press release on Wednesday said the IITG-ISRO STC would be first of its kind in the North-east region to augment research and capacity building processes in the field of space-technology.
- The STC will constitute faculty members from IIT Guwahati, visiting scientists/ experts from ISRO, research students and technical staff, the release said.
Banking and Finance
♦ GDP growth slips to 5.8% in Q4, stands at 5-year low of 6.8% in full FY19
- The rate of gross domestic product (GDP) growth in the January-March quarter of 2018-19 slipped to 5.8 per cent, mainly due to a slowdown seen in the country’s key sectors like agriculture, industry and manufacturing in the past nine months. The economic growth rate for the full 2018-19 financial year stood at a 5-year low of 6.8 per cent, showed data released by the Central Statistics Office (CSO) on Friday. The numbers were way below the forecast of 6.5 per cent for the March quarter and 7.1 per cent for FY19.
- The country’s fiscal deficit in full 2018-19 stood at 3.4 per cent of GDP, roughly in line with the Interim Budget estimate. Spending during the financial year was Rs 23.1 trillion, against the revised target of Rs 24.1 trillion.
♦ Govt meets its interim budget fiscal deficit target of 3.4% for 2018-19
- The fiscal deficit for 2018-19 came in at 3.39 per cent of GDP, marginally lower than 3.4 per cent estimated in the revised estimates of the Budget, mainly due to increase in non-tax revenue and lower expenditure.
- In absolute terms, fiscal deficit at the end of March 31, 2019, stood at Rs 6.45 trillion as against Rs 6.34 trillion in the revised estimates of Budget.
- The fiscal deficit data was released by Controller General of Accounts (CGA).
- Although in absolute terms the fiscal deficit has gone up, but as a percentage of GDP the deficit figure has come down marginally, mainly on account of GDP expansion in 2018-19 — data of which will be released later in the day.
♦ Job crisis for real as unemployment hits 6.1%, highest in 45 years
- A day after taking took oath, the National Democratic Alliance (NDA) government released the first periodic labour force survey (PLFS) which showed the unemployment rate at a 45-year-high of 6.1 per cent in 2017-18.
- Chief statistician Pravin Srivastava, while releasing the report, said the figures from the past were not “strictly comparable” due to a change in sampling design and frame, but the PLFS report itself has compared figures from the past. The report has also given an explanatory note on the change in sampling design, data collection methods, sample collection, among others.
- Business Standard was the first to report in January that the unemployment rate had risen to a 45-year-high, as per the NSSO’s PLFS report of 2017-18. However, the government had termed it as a ‘draft report’ then.
♦ India’s GDP growth forecast at 7.1% for FY20: FICCI
- The country’s median GDP is forecast at 7.1 per cent for FY20 and 7.2 per cent for FY 21, according to a survey.
- The industry body FICCI’s economic outlook survey said the minimum and maximum growth estimate stood at 6.8 per cent and 7.3 per cent, respectively, for 2019-20.
- The survey was conducted in May 2019 among economists belonging to the industry, banking and financial services sectors.
- The median growth forecast for agriculture and allied activities was pegged at 3 per cent for FY20, while industry and services sectors are expected to grow by 6.9 per cent and 8 per cent, respectively, during the year.
Current Affairs (International)
♦ 6 Indian-origin students among 8 win US National Spelling Bee
- Six Indian-origin students are among the eight participants who won the prestigious Scripps National Spelling Bee, taking home more than USD 50,000 in cash and prizes, after defeating over 550 other contestants in an unprecedented competition in the US.
- It is the first time in the 94-year history of the competition that more than two co-champions have been named.
- Rishik Gandhasri, 13, of California; Saketh Sundar, 13, of Maryland; Shruthika Padhy, 13, of New Jersey; Sohum Sukhatankar, 13, of Texas; Abhijay Kodali, 12, of Texas; Rohan Raja, 13, of Texas; Christopher Serrao, 13, of New Jersey and Erin Howard, 14, of Alabama were named as co-champions, The Washington Post reported on Friday.
- Each will receive the full winner’s prize of USD 50,000 in cash.
♦ 31 May – Anti-Tobacco Day / No Tobacco Day
- Anti-Tobacco Day or World No Tobacco Day is observed on 31 May every year across the globe to make people aware and educate them about the harmful effects of tobacco on health which causes cardiovascular diseases, cancer, tooth decay, staining of teeth etc.
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