Current Affairs of 6 March


ISRO and CNES Signed Agreement
ISRO and CNES
ISRO and CNES Signed Agreement - National space agency ISRO and its French counterpart CNES sealed an agreement to set up a joint maritime surveillance system in the country in May. The two nations will explore putting up a constellation of low-Earth orbiting satellites that will identify and track movement of ships globally – and in particular those moving in the Indian Ocean region where France has its Reunion Islands.

OECD Projected Lower Growth
OECD Projected Lower Growth
OECD Projected Lower Growth - Trade tensions and political uncertainty including Brexit are weighing on the world’s economy, the OECD warned as it again cut its 2019 forecast for global economic growth. The Organisation for Economic Co-operation and Development lowered its forecast to 3.3 per cent for this year, down from the 3.5 per cent it predicted in November, which was itself a downgrade from a previous 3.7 per cent.

Integral Coach Factory
Integral Coach Factory
Integral Coach Factory - Indian Railways’ ICF creates history. The Integral Coach Factory (ICF) in Chennai has manufactured as many as 301 coaches in the month of February, taking the total for this fiscal to 2,919. Interestingly, this puts the factory among the largest railcar builders in the world, beating top Chinese manufacturers who produce around 2,600 coaches a year.

Vice President Visited Paraguay and Costa Rica
Vice President M. Venkaiah Naidu
Vice President Visited Paraguay and Costa Rica - Vice President M. Venkaiah Naidu reached Paraguay as a part of two-nation tour of Paraguay and Costa Rica. In Paraguay, Mr Naidu will meet with President Mr. Mario Abdo Benítez. He will also address the India-Paraguay business forum and interact with the Indian diaspora. 

SBI and Hitachi Launched Joint Venture
SBI and Hitachi
SBI and Hitachi Launched Joint Venture - State Bank of India (SBI) and Hitachi Payment Services Pvt Ltd, a wholly-owned subsidiary of Hitachi Ltd has launched their merchant-acquiring joint venture, SBI Payment Services Pvt Ltd (SBIPSPL) in Mumbai for establishing a digital payments platform for India and other countries in the region. The joint venture (SBI) has a 74 percent stake, and the balance is with Hitachi Payment Services) will facilitate expansion of the digital payments landscape in India via its digital payments platform.

India-Kenya Joint Commission Meeting
India-Kenya Joint Commission Meeting
India-Kenya Joint Commission Meeting - External Affairs Minister Sushma Swaraj and the Foreign Minister of Kenya Ambassador Monica K Juma co-chaired India-Kenya Joint Commission Meeting in New Delhi.

Janaushadhi Diwas
Janaushadhi Diwas
Janaushadhi Diwas - Union Minister Mansukh Mandaviya announced March 7, 2019 will be observed as the ‘Janaushadhi Diwas’ across the country. The Janaushadhi Diwas aims to create awareness about the use of generic medicines. The day also highlights the initiatives undertaken by Government in the direction of making quality healthcare affordable for all, like Ayushman Bharat, PMBJP, etc.

Ajit Kumar Mohanty
Ajit Kumar Mohanty
Ajit Kumar Mohanty - Distinguished scientist Ajit Kumar Mohanty was appointed Director of Bhabha Atomic Research Centre (BARC). Mohanty has been appointed Director, BARC for a period of three years. The BARC is India's premier nuclear research facility based in Mumbai.

Swachh Survekshan 2019
Swachh Survekshan 2019
Swachh Survekshan 2019 - Three cities in Madhya Pradesh bagged top awards in Swachh Survekshan 2019. Three cities Indore, Bhopal and Ujjain in Madhya Pradesh bagged top awards. While Indore has now retained the top spot in the survey of being the cleanest city for a consecutive three years, it was a hat trick for Bhopal too, as it was adjudged the cleanest capital city in the 2019 survey. 

World Bank Loan For Uttarakhand
World Bank Loan For Uttarakhand
World Bank Loan For Uttarakhand - A tripartite loan agreement was signed between the Central Government, Uttarakhand Government and the World Bank for additional financial assistance of USD 96 million for the Uttarakhand Disaster Recovery Project. The loan agreement would provide additional funds to Uttarakhand in its post-disaster recovery plans, ongoing since the floods of 2013.

World Bank Loan For Chhattisgarh
World Bank Loan For Chhattisgarh
World Bank Loan For Chhattisgarh - The Government of India, the State Government of Chhattisgarh and the World Bank signed a $25.2 Million Loan Agreement to support the State’s Reforms in Expenditure Management. This support will cover Expenditure Planning, Investment Management, Budget Execution, Public Procurement, and Accountability.

Two Nobel Prizes For Literature
Two Nobel Prizes For Literature
Two Nobel Prizes For Literature - The Swedish Academy has announced that two Nobel Prizes for literature will be awarded this year. The decision comes after a sex scandal causing the suspension of the award last year. The Academy in a statement at Stockholm said that the Nobel Prize in Literature will awarded this autumn for both 2018 and 2019.

Transport And Marketing Assistance Scheme
Transport And Marketing Assistance Scheme
Transport And Marketing Assistance Scheme - The government has introduced a scheme for providing financial assistance for transport and marketing of agriculture products with a view to boosting export of farm commodities to certain countries in Europe and North America. Under the Transport and Marketing Assistance (TMA) scheme, the government would reimburse a certain portion of freight charges and provide assistance for marketing of agricultural produce.

Kylie Jenner
Kylie Jenner
Kylie Jenner - Kylie Jenner was named the youngest self-made billionaire of all time by Forbes magazine, thanks to the booming cosmetics company (Kylie Cosmetics) she founded three years ago.

International Sustainability Award
International Sustainability Award
International Sustainability Award - TVS Motor Company has recently bagged the International Sustainability Award – ‘Green Era Award for Sustainability’ in Lisbon, Portugal. The company also won the ‘Quality and Business Excellence Award’ in acknowledgment of its endeavor to create new benchmarks in product quality.

Reliance Infrastructure Limited
Reliance Infrastructure Limited
Reliance Infrastructure Limited - Anil Ambani led Reliance Infrastructure Limited has received the Letter of Award from the Airports Authority of India (AAI) for a Rs. 648-crore contract for the construction of greenfield airport at Hirasar in Rajkot district of Gujarat.