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Important Current Affairs 13th February 2020

National News

Union Cabinet approves Pesticide Management Bill 2020

•   Union Cabinet has approved the Pesticide Management Bill 2020. Briefing reporters in New Delhi , Information and Broadcasting Minister Prakash Javadekar stated, the legislation will promote organic pesticides in the country.

•  Major Ports Authority Bill to enhance overall efficiencies of the ports was cleared by the Cabinet.Cabinet has also approved changes in the Direct Tax Vivad se Vishwas Bill, 2020.

Supreme Court orders parties to publish criminal records of all candidates

•   The Supreme Court recently directed all the political parties to publish the criminal records of all the candidates, if any, within the next 48 hours.

•  These records need to be published on the official websites of these political parties as well as on their social media handles such as Facebook and Twitter.

•  The apex court also asked the parties the reason behind allotting the election tickets to candidates with a criminal record.

Arbitration and Conciliation Act 1996 amended to make arbitration process user friendly

•  The Arbitration and Conciliation Act, 1996 was amended by the Arbitration and Conciliation (Amendment) Act, 2015 in order to make arbitration process user-friendly, cost-effective and ensure speedy disposal and neutrality of arbitrators

•  The Amendment Act seeks to a new Part to the Act of 1996 for the establishment and incorporation of an independent body namely, the Arbitration Council of India (ACI) for the purpose of grading of arbitral institutions and accreditation of arbitrators, etc.

• As per the Act, ACI will be headed by a Chairperson, who has been a Judge of the Supreme Court or a Chief Justice or Judge of a High Court or an eminent person, having special knowledge and experience in the conduct or administration of arbitration, to be appointed by the Centre in consultation with the Chief Justice of India.

Banking and Economy

Nasscom’s IT revenue grows at 7.7 per cent in FY20

•  The National Association of Software and Services Companies (Nasscom) projected the Indian IT sector to grow 7 per cent to reach $191 billion in FY20, with exports reaching $147 billion, and headcount addition accelerating from the previous year.

•   This is a marginal improvement over its prediction of 2018,  when it said that the IT sector will only grow by 6.1 per cent but the sector is still ‘cautiously optimistic’ about FY21, the industry body pointed out.

•  While the global economy has been moving at a sluggish pace, Indian economy only grew at 8 per cent and exports stood at $644 billion.

Awards

President Kovind presents President’s "Colour" to INS Shivaji

•    President Ram Nath Kovind presented ‘President’s Colour’ to the INS Shivaji at a ceremony in Lonavala, Maharashtra.

•   The Presentation of Colour or Standards by the Supreme Commander of the Armed Forces is an acknowledgement of the unit’s meritorious service.

Appointments and Resignations

G Narayanan appointed as head of New Space India Ltd

• ISRO’s senior space scientist G Narayanan has been appointed as the chairman of the commercial entity of ISRO New Space India Limited (NSIL).

• Indian Space Research Organisation (ISRO) named him for this post because he earlier worked as deputy director at the Liquid Propulsion Systems Centre (LPSC) of ISRO.

• New Space India Limited (NSIL) was established in March 2019 to meet the demands of ISRO’s various space programs. The NSIL will manufacture small and lightweight satellites.

Days

World Radio Day

World Radio Day is celebrated on 13 February World Radio Day 2020 celebrates the radio as a method for teaching individuals, giving data, and promoting the opportunity of expression across cultures.

The theme of World Radio Day 2020 is “Radio and Diversity”.

Sarojini Naidu's 141st Birth Anniversary observed as National Women's Day

India on February 13, 2020 observed Sarojini Naidu's 141st Birth Anniversary as National Women's Day 2020. Naidu was the first woman governor of India’s United Provinces (now Uttar Pradesh).

 She was popularly known as 'Nightingale of India' for her collection of poems. She was also actively involved in the Indian National Movement

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