UPI Payments Rose by 42% To 18 Lakh Crore in 2023: Current Affairs Monthly Capsule - January 2024
UPI Payments Rose by 42% To 18 Lakh Crore in 2023: Current Affairs Monthly Capsule - January 2024
UPI Payments Rose by 42% To 18 Lakh Crore in 2023: Current Affairs Monthly Capsule - January 2024
• Adani Group, led by CEO Karan Adani and Adani Aerospace CEO Asish Rajvansh, collaborates
with Telangana's CM Reddy.
• Telangana government assures necessary amenities, infrastructure, and subsidies to support
Adani's initiatives, fostering industrial growth and generating employment.
• Adani Group representatives express commitment to continue existing projects and establish new
industries
UPI payments rose by 42% to ₹18 Lakh Crore in 2023
• UPI transaction value increased by 42% year-on-year to Rs 18 lakh crore in December 2023 with
volume up 54% to 1202 crore.
• Average daily UPI transactions hit 40 crore, stepping towards the NPCI's target of 100 crore in
three years.
• Fastag transactions also grew in December, with volume rising 13% YoY to 34.8 crore, and the
value up 19% to Rs 5,861 crore.
Binny Bansal ventures into e-commerce again with 'OppDoor'.
• Binny Bansal, the co-founder of Flipkart, has announced the launch of his new startup called
'OppDoor'
• The company, previously known as Three State Ventures Pte Ltd, operated as a venture capital
firm before the rebranding.
• OppDoor's primary goal is to support e-commerce companies in expanding their global
operations by providing end-to-end solutions.
NSE's investor base surged to 8.5 Crore in 2023; Maharashtra leads
• NSE investor base grows by 22% to reach 8.54 crore in 2023, highlighting increased retail investor
participation.
• Maharashtra leads with 1.49 crore investors, followed by Uttar Pradesh with 90 lakh, Gujarat with
77 lakh, and West Bengal with 48 lakh registered investors.
• Nifty delivered 20% return in 2023; India's market capitalization surpassed $4 trillion in December
2023.
India's december GST collections surged 10.3% to Rs 1.64 Trillion.
• GST collections for December 2023 reach Rs 164,882 crore, exhibiting a substantial 10.3% increase
from the same period in 2022.
• This marks the seventh month in the current fiscal year with collections surpassing Rs 1.6 trillion.
• Central GST stands at Rs 30,443 crore, State GST at Rs 37,935 crore, Integrated GST at Rs 84,255
crore, and cess at Rs 12,249 crore.
21 | P a g e
Current Affairs Monthly Capsule | January 2024
22 | P a g e
Current Affairs Monthly Capsule | January 2024
• The Indian Navy launches 'Ammunition Cum Torpedo Cum Missile Barge, LSAM 19 (Yard 129),' the
5th Barge in the 11-part ACTCM Barge Project, at M/s Suryadipta Projects Pvt Ltd, Thane.
• MSME Shipyard, M/s Suryadipta Projects Pvt Ltd, undertakes the construction of these
indigenously designed Barges.
• The contract between the Ministry of Defence and Suryadipta Projects was signed on March 5,
2021
IAF conducted Ex. Desert Knight along with French and UAE Air Forces
• The IAF conducted Exercise Desert Knight with the French Air and Space Force and UAE Air Force
at the Al Dhafra air base, UAE.
• The exercise focused on enhancing synergy and interoperability, facilitating the exchange of
operational knowledge and best practices.
• The exercise indicates growing diplomatic and military interactions in the region and showcases
IAF's prowess.
DRDO to showcase Nari Shakti & indigenous technologies at RD Parade
• DRDO plans to display multiple advanced technologies in the 75th Republic Day Parade, themed
"Women power in protecting the nation in all 5 dimensions."
• The technologies include Missiles (MPATGM, ASAT, Agni-5), Defense Systems (VSHORADS, NASM-
SR, HELINA), and Aircrafts (Tejas, 'Uttam' AESAR).
• The participation symbolizes India's capabilities in cutting-edge defense technologies.
French marching contingent at RD Parade has members from India & Nepal
• A 95-member French Foreign Legion contingent, including six Indians and six Nepalis, will march
at the Republic Day parade in India.
• Two Rafale jets and one Airbus-330 aircraft from French Air and Space Force will be part of the
flypast.
• The parade will debut an all-women tri-services contingent and showcase drone jammers and an
advanced radio frequency monitoring system.
14th All India Police Commando Competition: Visakhapatnam
• The 14th edition of the All India Police Commando competition commences at the A.P. Police
Greyhounds training facility in Visakhapatnam.
• Inaugurated by Commissioner of Police A. Ravi Shankar, the event draws elite commando forces
from 16 states.
• Forces such as SOG from Odisha and Chhattisgarh, C-60 from Maharashtra, and paramilitary
forces like BSF, CRPF, and Assam Rifles, among others.
India – Kyrgyzstan joint forces exercise 'KHANJAR': Himachal Pradesh
• The 11th Edition annual joint exercise, 'KHANJAR', kicks off at the Special Forces Training School
in Bakloh, Himachal Pradesh, reinforcing military collaboration between India and Kyrgyzstan.
23 | P a g e
Current Affairs Monthly Capsule | January 2024
• With troops from The Parachute Regiment (Special Forces) representing India and the Scorpion
Brigade representing Kyrgyzstan, the exercise strengthens defense ties and fosters bilateral
relations.
India-Egypt Joint Special Forces Exercise 'CYCLONE': Anshas, Egypt.
• The 2nd edition of Exercise CYCLONE commences, featuring a contingent of 25 Indian Army
personnel from The Parachute Regiment (Special Forces) alongside Egyptian counterparts.
• Aimed at familiarizing both sides with operating procedures in desert/semi-desert terrains, the
exercise focuses on special operations under Chapter VII of the United Nations Charter.
Operation Sarvashakti: Indian Army to eliminate terrorists in J&K
• Operation Sarvashakti launched by Indian Army to eradicate terrorists in Rajouri and Poonch
areas.
• Large-scale operation reminiscent of 2003's Sarpvinash to counter ambushes on Indian troops.
• The operation will be conducted by the Srinagar-headquartered 15 Corps and Nagrota-based 16
Corps of the Indian Army.
India-Japan coast guards conduct 'Sahyog-Kaijin' exercise.
• The Indian and Japanese Coast Guards recently executed a fruitful joint exercise named 'Sahyog
Kaijin' off the coast of Chennai, emphasizing their commitment to maritime cooperation.
• The joint exercise is part of the continuing collaboration between India and Japan, as outlined in
the Memorandum of Cooperation (MoC) signed in 2006, focusing on fostering strong ties and
mutual understanding.
Army paramotor expedition from Kibithu to Kutch successfully concludes
• The Indian Army Paramotor Expedition under NATEX K2K National Expedition, covering a
remarkable journey from Kibithu (Arunachal Pradesh) to Kutch (Gujarat), concludes successfully.
• The expedition commemorates 25 years of the Kargil War and the Centenary Celebrations of the
'Bombay Sappers War Memorial.'
• The route pays homage to citizens who sacrificed for the nation.
CDS Gen Anil Chauhan inaugurates CAPSTER – 09: Focus on AI in warfare.
• Chief of Defence Staff (CDS) Gen Anil Chauhan inaugurates the ninth chapter of 'Capsule on
Science, Technology and Applied Research' (CAPSTAR) at Military Institute of Technology (MILIT),
Pune.
• The theme for CAPSTER – 09 is 'Artificial Intelligence: Transforming Warfare.'
• Focuses on the integration and impact of artificial intelligence in modern military operations.
Indian-Thai Navy 1st bilateral exercise "Ex-Ayutthaya" commenced
• The Indian and Royal Thai Navy ran their 1st bilateral exercise named 'Ex-Ayutthaya', symbolizing
the cultural importance of Ayodhya (India) and Ayutthaya (Thailand).
• 'Ex-Ayutthaya' translates to 'The Invincible One', reflecting shared historic legacies & rich ties
between the two cities.
24 | P a g e
Current Affairs Monthly Capsule | January 2024
• The Indian Naval ships Kulish and IN LCU 56 participated in the inaugural edition of the exercise.
Ajay Bhatt flags off ondigenous Astra Missile for IAF delivery.
• Union Minister of State for Defence, Ajay Bhatt, flagged off the indigenously developed Astra air-
to-air missiles at Bharat Dynamics Limited's (BDL) Kanchangbagh unit in Hyderabad on January
14, marking a historic moment in their integration into the Indian Air Force (IAF).
• The Astra missile developed by DRDO and manufactured by BDL, boasts a remarkable range
exceeding 100 kilometers,
Indian Army launched Operation Sarvashakti in Jammu and Kashmir.
• Operation Sarvashakti aims to flush out terrorists hiding in the Rajouri-Poonch belt of J&K.
• Troops from 15 Corps and 16 Corps, along with various agencies, are part of this multi-agency
effort targeting Pakistan-sponsored militants.
• The operation, modeled after 2003's successful Operation Sarpvinash, focuses on intelligence-
based actions and aims to restore peace in the region.
INS Cheetah, Guldar & Kumbhir decommissioned after 40 years of service
• Indian Navy's Cheetah, Guldar, and Kumbhir, part of the Polnocny class Landing Ships, were
decommissioned after nearly four decades of dedicated service.
• Commissioned in 1984, 1985, and 1986, these ships actively served for about 40 years.
• The decommissioning ceremony took place at Port Blair with traditional rituals, marking the end
of a significant chapter in the Indian Navy's history.
'Bhishm,' a 25T Bollard Pull Tug, launched in 'Make in India' triumph
• Inaugurated by Cmde S Sreekumar in Kolkata, 'Bhishm' is part of a series of six tugs constructed
at M/s Titagarh Rail Systems under the "Make in India" initiative.
• Aligned with the "Aatmanirbhar Bharat" vision, these tugs follow the classification rules of the
Indian Register of Shipping (IRS).
• Enhance naval operations, tugs will assist in berthing, un-berthing, maneuvering, firefighting
'MILAN 2024' Naval Exercise to commence in Visakhapatnam
• The 12th edition of the largest multilateral naval exercise, 'MILAN 2024,' is scheduled to be held in
Visakhapatnam
• The exercise includes both harbour and sea phases, with the goal of strengthening maritime
cooperation and security.
• Visakhapatnam is chosen as the preferred destination for future MILAN exercises due to its
growing stature and the need for a larger staging and hosting base.
India and Japan Coast Guard conduct joint exercise in Chennai.
• A five-day joint exercise focuses on pollution response training for hazardous and narcotics
substances, enhancing maritime pollution combat capabilities.
25 | P a g e
Current Affairs Monthly Capsule | January 2024
• Indian ships Shaunak, Shaurya, Sujay, Rani Abbakka, Annie Besant, C-440, Sagar Anveshika,
Matsya Drishti, along with Japan ships Yahsima and Samudra Paheredar, actively participate,
showcasing a coordinated effort in maritime preparedness
DRDO conducts successful flight-test of New Generation AKASH missile
• DRDO conducts a flawless test of the New Generation AKASH (AKASH-NG) missile off the Odisha
coast
• The test, conducted at the Integrated Test Range in Chandipur, validates the entire weapon
system, including the missile with an indigenously developed radio frequency seeker, launcher,
radar, and command and control system.
• Rajnath Singh lauds the successful launch of the AKASH-NG.
Indian Army declared 2024 as 'Year of Technology Absorption'.
• Indian Army declared 2024 as the 'Year of Technology Absorption,' highlighting the army's
commitment to utilizing technology.
• The army has also initiated 'Project SAMBHAV,' a secure mobile ecosystem operating on state-
of-the-art 5G technology to enhance its cyberspace capability.
• Army Chief General Manoj Pande outlined plans to modernize the army's infrastructure and units.
Navy Chief unveiled indigenous Drishti 10 UAV in Hyderabad.
• Indian Navy Chief Admiral R Hari Kumar reveals the first indigenously manufactured Drishti 10
Starliner Unmanned Aerial Vehicle (UAV) in Hyderabad.
• Adani Defence and Aerospace are credited with producing the UAV, showcasing their capabilities
in aligning with naval requirements.
• Indian Navy and Indian Army placed orders for two Drishti-10 drones.
INS Kabra arrived in Colombo, Sri Lanka, strengthening bilateral ties.
• The Indian Navy's Fast Attack Craft, INS Kabra, reached the port of Colombo, Sri Lanka, on
January 8, 2024
• The visit of INS Kabra to Colombo underscores the commitment of both nations to bolster
bilateral cooperation in the maritime domain.
• The interactions align with the vision of Security and Growth for All in the Region (SAGAR)
advocated by Prime Minister Narendra Modi.
Indian Navy's P8I Aircraft joined Exercise Sea Dragon-24 in Guam
• The Indian Navy's P8I aircraft landed at Guam, a US island territory, for the Exercise Sea Dragon
- 24, enhancing India's global military outreach.
• This exercise seeks to augment synergy and interoperability among the navies from the US,
Australia, South Korea, and Japan.
• Through professional on-ground and in-air interactions, cooperation among participating
countries will be strengthened.
DRDO's counter-drone system ready for production, handed over to BEL.
26 | P a g e
Current Affairs Monthly Capsule | January 2024
• The system, comprising detection, identification, and neutralization features, has been
demonstrated to armed services and internal security agencies.
• DRDO focuses on high-endurance Unmanned Aerial Vehicles while smaller drone capabilities are
left to industry development.
• Three services have already placed 23 orders with Bharat Electronics Limited (BEL) for the DRDO-
developed technology.
IAF's Women Agniveer Vayu to march on Republic Day parade.
• Women Agniveer Vayu soldiers of the Indian Air Force will be part of the Republic Day parade
this year.
• The Indian Air Force (IAF) shared their pride in wearing the blues and marching together on
Republic Day 2024.
• The promotion of Nari Shakti (women's power) in the defense forces has been a key focus of the
Narendra Modi-led government
Defence Ministry inks contracts worth 802 crores for equipment.
• Two contracts were signed, totaling 802 crores, for military equipment acquisition in New Delhi.
• Includes procurement of 697 Bogie Open Military Wagons (cost: 473 crores) and 56 Mechanical
Minefield Marking Equipment (cost: 329 crores).
• Contracts emphasize the Buy Indian category, promoting indigenous manufacturing and private
sector participation in defense production.
Vice Admiral Sanjay Jasjit Singh took charge of Western Naval Command
• Vice Admiral Sanjay Jasjit Singh assumed the role of Flag Officer Commanding-in-Chief, Western
Naval Command (WNC).
• Before this, Singh served as the Vice Chief of Naval Staff, boasting a versatile naval career of
about 38 years.
• Singh has held notable positions such as Assistant Chief of Naval Staff, Flag Officer Sea Training,
Western Fleet Commander, and more.
Vice Chief Admiral SJ Singh honored in Delhi.
• Vice Admiral SJ Singh received Guard of Honour in Delhi as he concludes his tenure as Vice Chief
of Naval Staff.
• He Set to Lead as Western Navy Commander.
• He lays a wreath at the National War Memorial.
• Admiral Dinesh K Tripathi appointed as the next Vice Chief of the Indian Navy.
India and UAE set to conduct 'Desert Cyclone 2024' military exercise.
• Military Exercise scheduled from Jan 2 to Jan 15 in Rajasthan.
• Bilateral defense collaboration includes production and development of defense equipment, joint
armed forces exercises, information sharing on strategy and doctrines, and technical cooperation.
• The first-ever India-UAE Joint Air Forces exercise occurred in September 2008 at Al-Dhafra base
in Abu Dhabi.
27 | P a g e
Current Affairs Monthly Capsule | January 2024
28 | P a g e
Current Affairs Monthly Capsule | January 2024
• Ten-episode series to kick off, highlighting remarkable achievements and inspiring stories of
India's sporting heroes.
• Available on diverse digital platforms, the series aims to offer insights into the lifestyles of
renowned athletes.
GoI launched 'Anuvadini' app to provide local language study materials
• The Union government planned to digitize study materials in all Indian languages from the 8th
Schedule, facilitated by the AI-based ‘Anuvadini’ app, allowing students to study in their mother
tongue.
• National and state education bodies have been instructed to implement this for all courses across
schools and universities within three years.
• It underlines the National Education Policy 2020.
Pradhanmantri Suryodaya Yojana
• Prime Minister initiates a scheme to install rooftop solar on 1 crore houses, aiming to provide
electricity to low and middle-income households
• Pradhanmantri Suryodaya Yojana not only addresses energy needs but also offers an opportunity
for households to generate additional income through surplus electricity.
• PM emphasizes a massive campaign to encourage widespread adoption of rooftop solar
Himachal Pradesh launches ‘My School-My Pride’ campaign.
• Himachal Pradesh launches the 'My School-My Pride' as part of the 'Apna Vidyalay' program to
transform education in government schools.
• The initiative aligns with the National Education Policy (NEP)-2020, focusing on holistic student
growth and development.
• Online portal dedicated to the 'Apna Vidyalaya' will ensure transparency, accountability, and
real-time monitoring of activities
Assam Govt unveiled "Mukhyamantri Mahila Udyamita Abhiyan".
• MMUA aims to transform rural women into "Rural Micro-Entrepreneurs" with a ₹1 lakh annual
income target.
• In the inaugural phase of the MMUA, each eligible applicant will receive a grant of ₹10,000 in the
first year.
• Tailored child limitations for General, OBC, ST, SC, and specific communities, encouraging diverse
participation.
Chhattisgarh Govt. launched 'Mahtari Vandana Yojana 2024'.
• Chhattisgarh launches Mahtari Vandana Yojana, providing ₹1000 monthly assistance to women.
• Aims to empower through a total annual aid of ₹12,000 to foster self-reliance and skill
development.
• Resident married women aged 23 to 60, with a family income below ₹2.5 lakh, eligible to apply.
• The initiative contributes to improving financial conditions, and encouraging small-scale
enterprises.
29 | P a g e
Current Affairs Monthly Capsule | January 2024
30 | P a g e
Current Affairs Monthly Capsule | January 2024
• The Ayushman Cards, a part of the Ayushman Bharat Pradhan Mantri Jan Arogya Yojana, have
proven instrumental in saving over ₹1.25 trillion in out-of-pocket expenses for the impoverished.
• With 30 crore Ayushman Cards issued, the initiative provides a health cover of ₹5 lakh per family
per year.
• Uttar Pradesh leads with 4.83 crore cardholders, followed by Madhya Pradesh and Maharashtra.
Nadda launched 'Namo NavMatdatta' portal for first-time voters.
• J P Nadda, the President of BJP, inaugurates the Namo NavMatdatta registration portal in New
Delhi.
• The portal aims to engage and register first-time voters as Viksit Bharat Ambassadors.
• As part of the initiative, five thousand conferences will be organized on 25th January to strengthen
the party's youth outreach and democratic connect.
'Yogyasree' scheme for SC/ST students launched in West Bengal
• West Bengal Chief Minister, Mamata Banerjee launched a new social welfare scheme "Yogyasree",
offering free training for SC and ST students preparing for competitive exams.
• Fifty centers across the state will provide free training specifically for government job and civil
service aspirants, bolstering equal opportunity efforts.
Jal Jeevan Mission provided tap water connection to 14 Cr rural houses
• The Jal Jeevan Mission (JJM) has achieved a milestone of providing 14 Crore tap water
connections to rural households.
• Six states and three Union Territories now have 100% coverage, and others like Mizoram,
Arunachal Pradesh, Bihar are nearing saturation.
• The mission has provided tap water in over 9 lakh schools and Anganwadi centres, and brought
2 lakh villages under ‘Har Ghar Jal’.
J&K became the first UT to implement PM Vishwakarma Yojana
• Jammu and Kashmir became the first Union Territory to implement the PM Vishwakarma Yojana
(PMVY), aiding the craftsman community.
• The inaugural training program, initiated at ITI Shopian, comprised 30 trainees specializing in
'darzi craft'.
• The scheme, focusing on skill development and employment for youths, is expected to be
deployed across all J&K districts soon.
Know about: PM Vishwakarma Yojana:
• GoI launched PMVY in 2023 to empower the artisans.
• The scheme includes basic & advanced training, a daily stipend of ₹500, and a free toolkit worth
₹15,000 for trained individuals.
• It also provides linkage to credit-based soft loans and marketing support to help expand artisans'
businesses.
• It is a Central Sector scheme.
• It comes under the Ministry of Micro, Small and Medium Enterprises.
31 | P a g e
Current Affairs Monthly Capsule | January 2024
32 | P a g e
Current Affairs Monthly Capsule | January 2024
• The International Renewable Energy Agency (IRENA) was established on 26th January, 2009.
• It aims to raise awareness and promote transition to clean energy.
• IRENA supports countries in energy transitions and fosters international cooperation.
• Renewable energy sources power about 29% of global electricity.
Intl. Day of Commemoration in Memory of the Victims of the Holocaust:
• Every year on 27 January, UNESCO pays tribute to the memory of the victims of the Holocaust.
• The day reaffirms commitment to counter antisemitism, racism etc.
• This day was officially proclaimed, in November 2005 by United Nations General Assembly.
• The date marks the anniversary of the liberation of the Nazi Concentration and Extermination
Camp of Auschwitz-Birkenau by Soviet troops
Himachal Pradesh Statehood Day: 25th January
• Chief Minister Sukhvinder Singh Sukhu presided over the 54th statehood day of Himachal Pradesh
in Dharampur.
• Parliament on December 18th, 1970, had passed the State of Himachal Pradesh Act and the new
state came into being on 25th January, 1971.
• Himachal Pradesh was proclaimed as India's 18th state, on 25th January 1971, with the ceremony
presided by then-PM Indira Gandhi.
National Tourism Day 2024: 25th January
• National Tourism Day was first observed by the Indian government in 1948.
• The aim was to promote popular tourist locations nationwide and to preserve the country's
cultural legacy.
• National Tourism Day also attempts to draw the attention of tourists to help the country's
economy.
• Theme for 2024: 'Sustainable Journeys, Timeless Memories.
14th National Voters’ Day: 25 January
• Election Commission of India is celebrating the 14th National Voters’ Day (NVD) on 25th January
2024.
• Dedicated to the voters, National Voters’ Day 2024 theme - ‘Nothing Like Voting, I Vote For sure’
• A short voter awareness film - ‘My Vote My Duty’ produced by ECI in association with renowned
filmmaker Shri Raj Kumar Hirani will also be screened.
Uttar Pradesh Foundation Day: 24th January
• Uttar Pradesh celebrates its Foundation Day on January 24 every year.
• This day is known as Uttar Pradesh Diwas.
• 2024 was the 75th Foundation Day.
• The United Province was renamed Uttar Pradesh on January 24, 1950.
• Capital and largest city: Lucknow
• Districts: 75
• Governor Anandiben Patel
33 | P a g e
Current Affairs Monthly Capsule | January 2024
34 | P a g e
Current Affairs Monthly Capsule | January 2024
• Indian Army Day 2024 commemorates the 76th anniversary of the Indian Army’s first
Commander-in-Chief, Field Marshal Kodandera M. Cariappa, who took over in 1949.
• “In Service of the Nation” will be the theme for Indian Army Day in 2024.
• The subject aligns with the Indian Army’s motto, “Service Before Self,” which prioritizes national
service over personal pursuits.
National Road Safety Week 2024 in India
• National Road Safety Week in India is observed from January 11 to 17, aiming to promote road
safety measures and prevent accidents.
• The week involves various activities and campaigns educating people about the importance of
road safety practices such as wearing seat belts, avoiding drunk driving, and following traffic
rules.
Chennai hosted World Tamil Diaspora Day celebrations.
• Chief Minister M.K. Stalin inaugurates special department and appoints Minister for Tamils
abroad
• 13 outstanding achievers recognized with medals in education, art, literature, and culture
• Enathu Gramam, My Village scheme launched for holistic development, involving Tamils from 50
countries.
National Youth Day 2024
• National Youth Day is celebrated on the birth anniversary of Swami Vivekananda.
• In 1984, the Indian Government first declared to celebrate the day.
• The pre-monastic name - Narendra Nath Dutta.
• Born - 12 January 1863 in Kolkata
• Died - 4 July 1902
• Father - Vishwanath Dutta
• Mother - Bhuvaneshwari Devi.
• Best known for - Speech at the Parliament of the World's Religions in Chicago in 1893.
World Hindi Day celebrated to promote Hindi language globally.
• World Hindi Day is observed annually on January 10th with the aim of promoting the use of the
Hindi language internationally.
• The First World Hindi Conference was held in Nagpur on January 10, 2006, marking the origin of
World Hindi Day.
• The primary objective of the day is to encourage and facilitate the use of Hindi on a global scale,
fostering cultural and linguistic ties.
PM Modi has greeted people on the occasion of Pravasi Bharatiya Diwas
• Pravasi Bharatiya Divas, also known as NRI Day is celebrated every year on January 9.
• It holds great significance in recognising and honoring the Indian diaspora spread across the
globe.
35 | P a g e
Current Affairs Monthly Capsule | January 2024
• Pravasi Bharatiya Divas was first introduced in 2003 by the then Prime Minister of India, Atal
Bihari Vajpayee, to commemorate the return of Mahatma Gandhi from South Africa to India on
January 9, 1915.
World Braille Day celebrates for enhancing communication.
• Global commemoration on January 4th acknowledges Braille as a crucial communication
medium for the blind.
• Louis Braille's birthday is marked on this day,
• The UN General Assembly proclaimed, January 4, World Braille Day in November 2018.
• The first Braille system was published in 1829.
• World Braille Day 2024's theme is “Empowering Through Inclusion and Diversity”.
DRDO celebrated its 66th Foundation Day on 1st January
• DRDO Chairman Dr Samir V Kamat paid floral tributes to the Missile Man of India Dr APJ Abdul
Kalam on this occasion.
• It was formed in 1st January 1958, by the merger of the Technical Development Establishment
and the Directorate of Technical Development and Production of the Indian Ordnance Factories
with the Defence Science Organisation under the administration of Jawaharlal Nehru.
36 | P a g e
Current Affairs Monthly Capsule | January 2024
37 | P a g e
Current Affairs Monthly Capsule | January 2024
• Sri Lankan Parliament approves the Online Safety Bill, facing opposition criticism over concerns
about potential restrictions on freedom of speech.
• The bill secures 108 votes in favor and 62 against after a two-day debate, leading to the
establishment of the Online Safety Commission with the authority to make punitive rulings on
offenses.
Manoj Bajpayee's 'The Fable' to premiere at Berlin Intl. Film Festival
• 'The Fable' starring Manoj Bajpayee and directed by Raam Reddy, will premiere at the 74th
Encounters Competition at Berlinale.
• This is the second Indian film in the past 30 years to premiere in a key competitive section of
Berlinale.
• The 74th Berlinale will run from February 15 to February 24.
• It is a testament to the global reach and artistic quality of Indian storytelling.
WHO certifies 'Republic of Cabo Verde' as malaria-free country.
• The World Health Organization (WHO) certifies Cabo Verde as malaria-free
• Cabo Verde becomes the third country in the WHO African region to receive this certification,
joining Mauritius and Algeria.
• WHO Director-General Dr. Tedros Adhanom Ghebreyesus applauds Cabo Verde's commitment,
resilience, and strategic public health planning in eliminating malaria.
Solar power stations inaugurated at Egyptian World Heritage Sites.
• Solar power stations at Egyptian heritage sites aim to reduce approximately 295 tons/year of
carbon dioxide equivalent, contributing significantly to lowering greenhouse gas emissions.
• Initiative aligns with global sustainability goals, specifically Sustainable Development Goals 7
(Affordable and Clean Energy) and 13 (Climate Action)
• 325 kW capacity solar stations to generate 520 MW.hr/y.
UNDP and EU allocated $420,000 to Papua New Guinea.
• Grants address deforestation, enhance food security, and tackle climate change in six districts of
Enga Province.
• Workshop at Takeanda Museum provides guidance, emphasizing local leadership for sustainable
land management.
• The second phase of 'Strengthening Integrated Sustainable Land Management' project reinforces
long-term support for community resilience and environmental conservation.
Pakistan secured USD 700 Million from IMF amid economic crisis.
• Pakistan receives USD 700 million from the International Monetary Fund as part of bailout
program
• State Bank of Pakistan Governor Jameel Ahmed confirms disbursement amid economic crisis
• IMF's first review completes, total disbursements under the USD 3 billion Standby Arrangement
reach around USD 1.9 billion
38 | P a g e
Current Affairs Monthly Capsule | January 2024
39 | P a g e
Current Affairs Monthly Capsule | January 2024
• The SteelFab 2024 exhibition in UAE spotlights India's influential presence in the global steel
industry, hosting 35 exhibitors and showcasing premier companies in iron and steel.
• SteelFab 2024 delves into CNC cutting systems, energy sources in cutting and welding machinery,
material handling tools, laser systems, steel processing machinery, and AI robots.
State of Emergency declared in Papua New Guinea.
• Riots were triggered by a pay dispute, resulting in 16 fatalities and widespread lawlessness.
• Prime Minister James Marape suspends top officials, including the Police Chief and finance and
treasury bureaucrats, initiating a review into the riot.
• Military personnel standby to quell further unrest as the government denies imposing new taxes
on police and pledges to rectify the pay shortfall.
Dubai claimed top honor in 2024 Tripadvisor Travellers’ Choice Awards.
• Dubai becomes the first city to secure the No.1 global destination title for three successive years.
• Award exclusively based on millions of traveler reviews, reflecting Dubai's outstanding hospitality
and attractions.
• Dubai's tourism success highlighted as a vital contributor to over 10% of the city’s GDP, backed
by infrastructure and collaboration.
IIT Madras expands global presence with New Campus in Kandy, Sri Lanka
• Sri Lanka's Education Minister announced the establishment of IIT Madras campus in Kandy.
• President Ranil Wickremasinghe's budget proposal paves the way for international collaboration
in education.
• Minister Dr. Premajayantha engages with IIT Madras leadership, fostering academic partnerships
and knowledge exchange.
Gabriel Attal became France’s youngest Prime Minister.
• President Macron appoints 34-year-old Gabriel Attal, marking the youngest and first openly gay
prime minister in French history.
• Attal, a former education minister, enjoys widespread popularity, evident in recent opinion polls.
• Macron's appointment of Attal aimed to boost popularity ahead of crucial European Parliament
elections in June 2024.
Modi congratulates Bhutan's Tshering and PDP on the election win.
• Prime Minister Modi extends heartfelt congratulations to Bhutanese counterpart Tshering Tobgay
and the People's Democratic Party (PDP).
• Expresses eagerness to collaborate and strengthen the unique bonds of friendship and
cooperation between India and Bhutan.
• Modi's message reflects commitment to continued partnership and collaboration in the region for
mutual growth and prosperity.
South Korea passed bill prohibiting Dog meat consumption and sale.
40 | P a g e
Current Affairs Monthly Capsule | January 2024
• South Korea's parliament overwhelmingly approved bill banning the consumption and sale of dog
meat, ending a centuries-old practice.
• Breeding and slaughtering dogs for human consumption could result in up to three years
imprisonment, while selling dog meat may lead to a maximum of two years.
• Attitudes toward animal welfare and a rise in pet ownership contribute to the legislative
milestone.
Sheikh Hasina wins 5th Term as Bangladesh Prime Minister in election.
• Bangladesh Prime Minister Sheikh Hasina is set to secure her fifth term as the leader of the country
following the 12th general elections.
• Sheikh Hasina is expected to win a fourth straight term for her Awami League-led alliance, making
it her fifth overall term.
• The election was boycotted by the main opposition party BNP.
• The voting took place in 299 out of 300 constituencies.
Alvaro, first cyclone of 2024, hits Madagascar.
• Cyclone Alvaro, the first cyclone of 2024, made landfall near Morombe in Madagascar on January
1, 2024.
• The cyclone hit regions like Atsimo-Andrefana, Haute Matsiatra, and Menabe the hardest, causing
difficulties in evacuation and rainwater drainage.
• Cyclone Alvaro has affected nearly half the number of people impacted by Cyclone Freddy in
Madagascar in 2023.
MV Vasiliy begins 43rd Indian Scientific Expedition to Antarctica.
• The MV Vasiliy Golovnin, a vessel chartered by India, set sail from Cape Town to Antarctica for
the 43rd Indian Scientific Expedition to Antarctica (ISEA).
• The expedition comprises 21 members from India, one from Bangladesh, and two from Mauritius.
• Air support is provided by two helicopters, led by Dr. Yogesh Ray, a senior scientist from the
Antarctic Operations Group of NCPOR.
Suchetha Satish set world record for singing in most languages.
• Suchetha Satish, from Kerala, sets a new world record for singing in the most languages during a
single concert.
• The groundbreaking performance took place at the Indian Consulate Auditorium in Dubai, UAE.
• The event was part of the "Concert for Climate," aiming to raise awareness about climate change.
• Suchetha sang in an unprecedented 140 languages during the concert.
India announced $75 Million financial package for Nepal's earthquake.
• S. Jaishankar announced that India will provide a financial package of $75 million for the
construction of infrastructure in Nepal's western districts affected by the earthquake.
• The announcement was made during the joint inauguration with Nepalese counterpart N P Saud
of the Tribhuvan University Central Library.
• The financial package aims to support the rebuilding efforts in Nepal.
41 | P a g e
Current Affairs Monthly Capsule | January 2024
42 | P a g e
Current Affairs Monthly Capsule | January 2024
• Queen Margrethe II of Denmark announced her surprise abdication in a New Year TV address.
• The Queen will formally step down on January 14, 2023, marking 52 years since she became queen
in 1972.
• Her son, Crown Prince Frederik, will succeed her as the King of Denmark and head of state. No
formal crowning ceremony is planned.
Francoise Bettencourt Meyers is the first woman with a $100 billion
• L’Oreal heiress Francoise Bettencourt Meyers becomes the world’s first woman to hold a $100
billion fortune.
• L’Oreal Group, the world’s largest cosmetics company, owns brands like Lancome and Maybelline.
• Reports over €38 billion ($42 billion) in sales in 2022
• L’Oreal acquires Australian brand Aesop in a $2.5 billion deal in 2022.
• Marks the largest brand acquisition in L’Oreal's history.
Felix Tshisekedi elected as President of Democratic Republic of Congo
• Felix Tshisekedi won re-election as Congo's President with more than 70% of the vote.
• The results faced opposition demands for a re-vote due to logistical issues, questioning the
validity of the results.
• Violence erupted as opposition supporters protested, leading to clashes.
• Tshisekedi is a member of the Luba ethnic group.
• He represents the Union for Democracy and Social Progress party.
43 | P a g e
Current Affairs Monthly Capsule | January 2024
44 | P a g e
Current Affairs Monthly Capsule | January 2024
• Digital services provider Reliance Jio Infocomm Limited and smartphone manufacturer OnePlus
join forces to launch a 5G Innovation Lab aimed at testing and developing cutting-edge
technologies.
• The 5G Innovation Hub is expected to serve as a platform for testing and developing new
technologies, setting the stage for advancements in connectivity and user experiences.
CSIR-HRDC signed MoUs with four sector skill councils
• CSIR-HRDC, Ghaziabad, signs MoUs with the Agriculture Skill Council of India, CGSSC, HSSC, and
LSSSDC to strengthen the skill ecosystem in India.
• The collaborative MoUs aim to create an enabling environment for CSIR and Indian industry,
fostering technological skills.
• CSIR's Integrated Skill Initiative, launched in 2016, has trained over 1.50 lakh individuals.
Cabinet Approves India-Oman MoU for IT Cooperation
• Union Cabinet apprised of MoU signed between India and Oman on cooperation in Information
Technology.
• Aims to enhance comprehensive cooperation, mutual support, technology sharing, and
investments in IT.
• G2G and B2B collaboration to be strengthened, fostering improved IT collaboration and
generating employment opportunities.
Joint economic and trade committee between India and Dominica Republic
• Cabinet approves protocol for JETCO, strengthening economic relations between India and the
Dominican Republic.
• Mou signed between the Department of Commerce, the Ministry of Commerce and Industry of
India, and the Ministry of Foreign Affairs of the Dominican Republic.
• Currently, there is no bilateral institutional mechanism between India and the Dominican Republic
on trade and commerce.
Ministry of Defence inks with Mazagon Dock for 14 fast patrol vessels
• The Ministry of Defence signs a contract with Mazagon Dock Shipbuilders Ltd (MDL) for the
acquisition of 14 Fast Patrol Vessels (FPVs) for the Indian Coast Guard (ICG), with a total value of
Rs 1070.47 crore.
• These indigenously designed, developed, and manufactured multi-role FPVs, falling under Buy
(Indian-IDDM) category, will be delivered within 63 months.
Oil India Ltd., GMC sign MoU to convert municipal solid waste into CBG
• Oil India Limited (OIL) and Guwahati Municipal Corporation (GMC) have signed an MoU to
convert municipal solid waste into compressed bio gas.
• The agreement is a step towards environmental sustainability and cleaner energy solutions.
• The MoU was signed amid the presence of key figures from OIL and GMC at Numaligarh Refinery
Limited's Corporate Office in Guwahati.
45 | P a g e