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Addapedia Odisha | Daily Current Affairs | 02 November 2023 | Download PDF

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Addapedia Odisha – Daily Current Affairs – 02 November 2023

National and International News

The Indian Railways’ revenue problem Context

The Indian Railways (IR) has been on a spending spree with respect to capital expenditure (capex), particularly after the government merged its rail budget with the main budget.

Key points

  • Its operating ratio, which is the ratio of ordinary working expenses to the gross traffic receipts, has shown no improvement. 
  • A lower ratio implies better profitability and surplus for capital investment.
  • The problem is that the IR’s freight segment is profitable whereas the passenger segment makes huge losses.

Did you know?

The 11 commodities in the IR’s transport basket account for 90% of tonnage and revenue, of which coal is around 45% and iron ore and cement are around 10% each. 

Police stations to install DNA systems Context

  • In April 2022, the Criminal Procedure (Identification) Act (CrPI) was passed by Parliament. 
  • The Act enables police and central investigating agencies to collect, store and analyse physical and biological samples including retina and iris scans of arrested persons. 

About NAFIS

  • Police across States have been trained to record finger impressions through the National Automated Fingerprint Identification System (NAFIS).
  • NAFIS is under the NCRB
  • It is a separate project that was launched in 2022. 
  • It assigns a unique ten-digit National Fingerprint Number (NFN) to all suspects arrested by the police. 
  • State police have their own fingerprint database. 
  • NAFIS integrates the data on a common platform, enabling the police to run a countrywide search to match fingerprint impressions lifted from a crime scene.
Merely liking a post not an offence under IT Act: Allahabad HC Context

The Allahabad High Court held in a recent judgment that liking a post on Facebook or X (formerly Twitter) cannot be punishable under Section 67 of the Information Technology Act because it does not amount to “publishing or transmitting” the post

Dark pattern sales by airlines, online agents deemed ‘cybercrime’ Context

The practices by airlines and online travel agents that entail tricking consumers into making unintended purchases — such as paying for seats — while booking flight tickets according to one government official is called a “cybercrime”

Key points

  • This is considered as a dark pattern
  • A dark pattern is one where an entity nudges consumers to buy products they didn’t intend to, which is an unfair trading practice, and can constitute a cybercrime
Sensex sinks 1.4% to 4-month low on geopolitical Context

  • The benchmark S&P BSE Sensex extended losses to a sixth session, sliding 1.4% to its lowest close in four months as investors turn skittish amid mounting geopolitical tensions over the possibility of the Israel-Hamas conflict widening across the oil-rich West Asian region
  • The rising U.S. bond yields that could signal more capital outflows from emerging markets.

About Sensex

  • The benchmark index of the Bombay Stock Exchange in India is known as the Sensex. 
  • The Sensex Index comprises 30 of the BSE’s largest and most actively traded stocks, and it serves as a barometer for the Indian economy. 
  • It is market capitalization-weighted and float-adjusted. 
  • The Sensex is re-evaluated two times a year, one in June and the next in December. 
  • It is the oldest stock index, established in 1986 by one of the leading index producers, Standard & Poor’s (S&P) in India. 
  • The Sensex was used by analysts and investors to track India’s economic cycles as well as the growth and decline of specific sectors.
UN chief Guterres meets Nepal Prime Minister Context

  • UN Secretary-General Antonio Guterres met Nepal Prime Minister Pushpa Kamal Dahal ‘Prachanda’ 
  • This was his first official visit to the Himalayan nation.
  • He urged that developed countries must step up to support sustainable development, and help developing economies, including Nepal, to tackle the climate crisis.

 

Odisha Regional Specific News
Demand for ‘Global Sun Temple’ gains momentum again in Odisha Context

  • Demand for a ‘Global Sun Temple’, similar to the 13th century Konark Sun temple has yet again been raised by Kalinga Heritage Preservation Trust (KHPT)
  • KHPT is an organisation of heritage conservationists and archaeologists.

Key points

  • The trust has designed a ‘Global Sun Temple’ in the architectural, spiritual and social essence of the fallen Konark Sun temple. 
  • It has been designed as a modern temple for the contemporary world, without being a carbon copy of the existing temple.
  • It will showcase the art and architecture of Odishan temples and its iconography.  
  • This secular temple of the Sun God will also attract tourists and visitors from far and wide due to its novel concept and presentation.
Odisha CM sanctions over Rs 134 crore for Rayagada, Jharsuguda districts Context

Chief Minister sanctioned Rs 134.43 crore for different infrastructural projects under the “Ama Odisha, Nabin Odisha” scheme for Rayagada and Jharsuguda districts

Key points

  • Infrastructure created under the scheme will be the base for building aspirational Odisha. 
  • Internet connectivity, skill development centre, works hub and banking facilities will also open up vast opportunities for youths, women and farmers in rural areas

About Scheme: 

  • Name – Ama Odisha Nabin Odisha Scheme
  • objective: to transform the State into a modern and aspirational Odisha
  • Budget Allocated Rs. 4000 Crore
  • Benefits: Improve rural infrastructure and protect the state’s Jagannath culture and history
PM Narendra Modi Selects Hand-Painted Kalash By Odia Artist For Amrit Kalash Yatra Context

Prime Minister Narendra Modi has selected a hand-painted Kalash crafted by renowned Odia artist Suryasnata Mohanty, to kickstart the Amrit Kalash Yatra, an integral part of the “Meri Maati Mera Desh Maha Abhiyan”.

Key points

  • The “Meri Mati Mera Desh-Amrit Kalash Yatra” is a nationwide initiative undertaken to honor the sacrifices of the country’s immortal martyrs.
  • Soil from the birthplaces of these martyrs is collected in Amrit Kalash, and this sacred soil is being transported to the National Martyrs Memorial in Delhi. 
  • A poignant tribute, the “Amrit Vatika” featuring a blend of soil and plants from 7,500 urns nationwide, will be established near the National War Memorial.
Raghubar Das Sworn In As Governor Of Odisha Context

  • The newly appointed Governor of Odisha, Raghubar Das, was sworn.
  • Orissa High Court Acting Chief Justice Dr. Justice Bidyut Ranjan Sarangi administered the oath of office to Das

Key points

  • President of India appointed Raghubar Das replacing Professor Ganeshi Lal
  • He is the former Chief Minister of Jharkhand  
  • Das was elected to the Bihar Legislative Assembly for the first time in 1995. 
  • He won the seat five times before becoming the Chief Minister of Jharkhand. 
  • He served Jharkhand as the 6th Chief Minister from 2014 to 2019.
  • He was the Deputy Chief Minister of Jharkhand for a brief period from December 30, 2009 to May 29, 2010.

 

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