WEST BENGAL
- Bengal heritage logo launched in London
- The Bengali diaspora, which has been professionally very successful in the UK, has been driving corporate growth and public services over the years. What is unique is that it also is a community that has a strong cultural focus. This is best manifested through the celebration of various Bengali festivals. It is said in mirth that there are 12 months and 13 Bengali festivals and true to that spirit, the Bengali diaspora has been rallying around these festivals to live through its strong culture of music, dance, visual arts and ofcourse food.
- Given the myriad of activities happening across UK, Bengal Heritage Foundation(BHF) has been set up to be an umbrella with a vision to galvanise the Bengali diaspora, to preserve and promote the art and culture of Bengal sustainably through entrepreneurship, trade and tourism. BHF aims to bring Bengal to the shores of UK and take it to the shores of Bengal. The foundation has been doing great work across its key focus areas – art & culture, education and health.
- Recently the logo of BHF, designed by London-based Mahua Bej, was launched at the LSU Poushmela event in London.
INTERNATIONAL
- ‘Aadhaar’ is Oxford’s first Hindi word of the year
- Dictionaries at the Jaipur Literature Festival.
- ‘Aadhaar’ also becomes the first Oxford Dictionaries Hindi Word of the Year.
- The accompanying shortlisted words include Notebandi, Swachh, Vikaas, Yoga and Bahubali.
· India Cheapest Country To Live In After South Africa: Survey
- India is ranked second only to South Africa as the cheapest country to live or retire, according to a recent survey of 112 countries by GoBankingRates.
- The survey ranked nations on the bases of four key affordability metrics. The metrics are Local purchasing power index, rent index, Groceries index, and Consumer price index.
- India’s local purchasing power is 20.9% lower, rent is 95.2% cheaper, groceries are 74.4% cheaper, local goods and services are 74.9% cheaper.
- The top three most expensive countries in the survey are Bermuda (ranked 112), Bahamas (111), and Hong Kong (110).
NATIONAL
· Economic Survey 2018: Brief Summary
- The Economic Survey, an annual publication of the Finance Ministry, is presented in both houses of Parliament during the Budget Session. It is a review of the developments in the country’s economy over the previous one year.
- Sticking to the practice started last year, finance minister Arun Jaitley will present Union Budget 2018 on 1 February.
- It presents a summary of the performance of the government’s major development programmes undertaken during that period.
- It also details the main policy initiatives of the government.
- The Survey sees FY19 GDPgrowing 7-7.5% vs 75% in FY18.
- The Due to higher expected increase in imports, net exports of goods and services are slated to decline in 2017-18.
- The Exports biggest source of the boost to growth.
- It points out that the GDP growth has averaged 7.3% for the period from 2014-15 to 2017-18, which is the highest among the major economies of the world.
- Demonetisation helped share of financial saving to rise.
- The ratio of domestic saving to GDP reached 29.2 percent in 2013 to a peak of 38.3 percent in 2007, before falling back to 29 percent in 2016.
- The Sanitation coverage in rural India increased substantially from 39 percent in 2014 to 76 percent in January 2018. With the launch of Swachh Bharat Mission (Gramin) on October 2, 2014, the sanitation coverage in rural India increased substantially.
- So far, 296 districts and 307,349 villages all over India have been declared Open Defecation Free (ODF).
- India is gradually improving its performance in 512"> Subscribe on YouTube