• Admin

Daily Current Affairs : 05-Feb-2020

Major Topics Covered :

  1. POLYESTER

  2. DefExpo 2020

  3. MAITREE AND BANDHAN EXPRESS: INDIA-BANGLADESH

  4. BHUTAN ENDS FREE ENTRY FOR INDIAN TOURISTS

  5. AMRABAD TIGER RESERVE

  6. UDYANOTSAV

  7. LUNG CANCER: WHO REPORT

  8. ANGANWADI BENEFICIARIES

  9. VELUTHEEYAM

  10. MWPS [MEMBRANE-BASED WATER PURIFICATION SYSTEM]


POLYESTER

Why in news?

  • During the Budget speech, Finance Minister Nirmala Sitharaman said the government was abolishing in “public interest” an anti-dumping duty that was levied on imports of a chemical called PTA.


Highlights:

  • Purified Terephthalic Acid (PTA) is a crucial raw material used to make various products, including polyester fabrics.

  • PTA makes up for around 70-80% of a polyester product and is, therefore, important to those involved in the manufacture of man-made fabrics or their components, according to industry executives.

  • This includes products like polyester staple fibre and spun yarn.

  • Some sportswear, swimsuits, dresses, trousers, curtains, sofa covers, jackets, car seat covers and bed sheets have a certain proportion of polyester in them.

  • The duty had meant importers were paying an extra $27-$160 for every 1,000 kg of PTA that they wanted to import from countries like China, Taiwan, Malaysia, Indonesia, Iran, Korea and Thailand.

  • Removing the duty will allow PTA users to source from international markets and may make it as much as $30 per 1,000 kg cheaper than now, according to industry executives.


Source: Indian Express



DefExpo 2020

Why in news?

  • DefExpo-2020, a flagship biennial event of the Ministry of Defence, Government of India, one of the largest events of its kind is being held for the first time in Lucknow, Uttar Pradesh from 5th to 9th Feb 2020.


Highlights:

  • The 11th edition of Def Expo promises to bring new technologies, technological solutions, where Defence manufacturing companies from India and abroad showcase their products and services in Defence arena, on a single platform.

  • The tremendous response shown by Defence manufacturing companies and the partner countries will surely hold Defence Expo 2020 on a higher pedestal in terms of the offerings for Defence related industries.

DefExpo Theme

  • The main theme of the DefExpo India- 2020 is ‘India: The Emerging Defence Manufacturing Hub’ and the focus will be on ‘Digital Transformation of Defence’.

  • Reflecting the Government’s focused on ‘Make in India’, Def Expo 2020, would offer an excellent opportunity for the Indian Defence industry to showcase its capabilities and promote its export potential.


Source: PIB



MAITREE AND BANDHAN EXPRESS: INDIA-BANGLADESH

Why in news?

  • The frequency of the Maitree Express and Bandhan Express trains connecting Bangladesh and India has been increased.


Highlights:

  • The High Commission of India in Bangladesh said that Maitree Express running between Dhaka and Kolkata will now run 5 days a week.

  • Earlier it was running 4 days a week.

  • The additional service of Maitree Express will commence 11 February, 2020 (Tuesday) from Dhaka and return on 12 February, 2020 (Wednesday) from Kolkata.

  • Bandhan Express running between Kolkata and Khulna will now be running twice a week. Earlier it was running once a week.

  • The additional trip of Bandhan Express will commence 16 February, 2020 from Kolkata and return the same day from Khulna.


Background: