1. RBI to transfer Rs 28,000 cr interim surplus to Centre

The Reserve Bank has announced that it will transfer an interim surplus of Rs 28,000 crore to the central government for the half-year ended 31st December, 2018. In a statement issued on Monday evening, the RBI said the decision has been based on a limited audit review and after applying the extant economic capital framework.

This is the second successive year that the Reserve Bank will be transferring an interim surplus to the government. The decision follows the RBI Board meeting held in New Delhi earlier today. Finance Minister Arun Jaitley addressed the board and outline various reforms and policy measures taken by the government in the past four years.

2. Cyber crimes pose challenge to traditional policing: Home Minister

Home Minister Rajnath Singh has said that cyber crimes pose a challenge to traditional policing and called upon the Police personnel to enhance their skills to tackle threats posed from the cyber world. Mr Singh was speaking after inaugurating the Cyber Prevention, Awareness and Detection Centre (CyPAD) of the Delhi Police in New Delhi today. He said, CyPAD will deal with crypto-currency frauds and international tech-supported frauds.

Mr Singh said, the Internet is a platform not only aiding the evolution of social media, but also crucial to online banking, shopping and remotely operated systems in the industry.   the government has initiated several steps in the last more than four years to deal with cyber crimes. Under the Cyber Crime Prevention against Women and Children scheme, the online cybercrime reporting portal cybercrime.gov.in has been operationalized.

3. Three important initiatives on women’s safety conceptualized by the WCD Ministry to be launched

The Ministry of Women and Child Development has conceptualized several initiatives to promote safety of women in their living spaces, working spaces and the public spaces. 3 of these important initiatives will be launched jointly by the Home Minister, Shri Rajnath Singh and WCD Minister, Smt Maneka Sanjay Gandhi in New Delhi.

Setting up a separate women safety division in the Home Ministry, Smt. Maneka Sanjay Gandhi has stated that the two ministries are collaborating intensively to ensure that women are safe in the country. She also informed that the One Stop Centre Scheme, funded through the Nirbhaya Fund, is being implemented by the WCD Ministry and 314 centres have started working across the country.


South Eastern Railway has decided to develop Digha Station in West Bengal and Ranchi Station in Jharkhand as Eco-Smart Stations of this Zone. The provision of taking suggestion and grievance for Eco Smart Stations has been created on Public Web Page of South Eastern Railway.

The following measures are being taken in connection with development of Ranchi and Digha as Eco-Smart Stations:

  • Compliance of Plastic & Solid Waste Management Rules -2016 at the stations including track within station limit
  • Discharge of Effluent
  • Use of alternate source of energy
  • Development of Eco-Friendly Toilets
  • Installation of Bottle Crushing Machine
  • Ban on Plastic Carry Bag, cups including its enforcement at Catering and other stalls

5. Indian Pharma & India Medical Devices 2019 inaugurated at Bengaluru

India is the biggest supplier of generic drugs globally and caters to over 50% of global demand for various vaccines, 40% of generic demand in the U.S. and 25% of all medicines in the U.K. India, followed by the U.S. and China, has the quickest development potential.In competitiveness, India ranks third.  The top two are U.S. and Germany.  In reputation ranking, India is sixth, while China ranks tenth said Shri. D. V Sadananda Gowda, Union Minister for Chemicals & Fertilizers and Statistics and Programme Implementation.

The minister addressing the inaugural session of the two day Indian Pharma & India Medical Devices 2019  at Bengaluru .The industry has steadily grown and witnessed a surge from USD 2.02 billion in 2009 to USD 3.9 billion in 2015 at a CAGR of 15.8 per cent.  According to industry evaluates, the Indian medicinal devices market will develop to USD 50 billion by 2025. At present, India is considered as a real part of the best 20 worldwide restorative gadgets makert and is the forward biggest medicinal gadgets showcase in Asia after Japan, China and South Korea.