Honey G.S. Academy - February 17th Daily Current Affairs Summary
Source: Honey G.S. Academy YouTube Channel
Economy & Finance
Bheema Trinity Launched by IRDAI
- Bheema Trinity: A set of three initiatives launched by IRDAI (Insurance Regulatory and Development Authority of India).
- Components of Bheema Trinity:
- Bheema Sugam: An online open digital marketplace for insurance services.
- Facilitates online insurance purchase, sales, claims, and portability.
- Aims to achieve "Insurance for All" by 2047.
- Bheema Vistar: An "All-in-One" insurance policy.
- Combines life, health, and accidental insurance into a single policy.
- Bheema Vahak: Village-level insurance promoters.
- Aims to extend insurance coverage to rural areas and underserved populations.
- Village-level representatives to promote insurance.
- Bheema Sugam: An online open digital marketplace for insurance services.
- IRDAI:
- Full Form: Insurance Regulatory and Development Authority of India.
- Role: Regulatory body for the insurance sector in India.
- Establishment: Set up in April 2000 based on the recommendations of the Malhotra Committee (1993) and the IRDA Act of 1999.
- Headquarters: Hyderabad.
- Type: Statutory body.
Bharat Tex 2025 Summit in New Delhi
- Event: Bharat Tex 2025, a major textile industry summit, hosted in New Delhi at Bharat Mandapam.
- Goal: To increase textile exports by threefold by 2030, from the current 3 lakh crore to 9 lakh crore INR.
- Budget 2025-26 Announcement: National Cotton Technology Mission to be established with a budget of 500 crores.
- Economic Survey 2024-25 Key Points on Textile Industry:
- Contributes 2.3% to India's GDP.
- Accounts for 13% of industrial sector output.
- Contributes 12% to India's exports.
- Second-largest employment provider in India after agriculture, employing approximately 45 million people.
Defense & Military Exercises
Akash Missile Deal with Philippines
- Deal Completion: Philippines completes deal to purchase Akash missiles from India.
- Deal Value: $200 million USD.
- Akash Missile Type: Surface-to-Air Missile (SAM).
- Medium-range missile.
- Capable of engaging multiple targets.
- Past Achievement: In Exercise Astrashakti (2023) at Suryalanka, Akash missile successfully engaged four aerial targets simultaneously, a world-first record.
- Historical Context: Akash missile is part of the Integrated Guided Missile Development Program (IGMDP) initiated by Dr. APJ Abdul Kalam in 1983.
Military Exercises
- Komodo Exercise:
- Multilateral naval exercise hosted by the Indonesian Navy in Bali.
- Indian Navy participation: INS Sardul and P8I maritime surveillance aircraft.
- Exercise Dharma Guardian:
- Joint military exercise between Japan and India.
- Biennial exercise, this edition hosted at Mount Fuji, Japan.
- Mount Fuji: An active volcano and a World Heritage Site.
Science & Technology
Rootage Smart Village Center in Haryana
- Initiative: Rootage Smart Village Center launched by Rural Technology Action Group (RuTAG).
- Location: Mandora village, Sonipat, Haryana.
- Objective: To achieve sustainable development in rural areas through technology development.
Solar Dehydration Technology (SDT) by IIT Kanpur
- Technology Developer: IIT Kanpur.
- Technology: Solar Dehydration Technology (SDT) utilizes sunlight for dehydration of agricultural products (fruits, vegetables).
- Benefit: Extends the shelf life of fruits and vegetables by removing moisture content.
Grokk-1 AI by Elon Musk
- Claim: Elon Musk claims Grokk-1 to be the "most intelligent AI on Earth."
- Source: Mentioned in Namaste Telangana article.
India's First Zoo Bio-Bank in West Bengal
- First Zoo Bio-Bank in India: Established at Padmaja Naidu Himalayan Zoological Park in West Bengal.
- Initiative by: CCMB (Centre for Cellular and Molecular Biology).
- Purpose: To store tissues of endangered animals for potential future revival and conservation efforts.
Environment
Simlipal Tiger Reserve - Zero Poaching
- Tiger Reserve: Simlipal Tiger Reserve, located in Odisha.
- Achievement: Achieved 0% poaching, becoming the first tiger reserve to do so.
- Technology Used: TrailGuard system (camera-based) to alert officials about potential poaching activities.
- Duration of Implementation: One year.
- Simlipal Tiger Reserve Facts:
- A Biosphere Reserve.
- Known for Melanistic Tigers (Black Tigers), the only tiger reserve in India with black tigers.
- Bhitarkanika National Park: Another National Park in Odisha (related mnemonic for remembering Odisha Parks).
Art & Culture
Aadi Mahotsav Tribal Festival 2025
- Festival Name: Aadi Mahotsav, a tribal festival.
- Inaugurated by: President of India.
- Venue: Major Dhyan Chand National Stadium, New Delhi.
- Objective: To showcase and preserve the rich cultural heritage and art of tribal communities.
- Organized by: Tribal Ministry, Government of India.
- Benefits: Provides economic empowerment to tribal artisans and artists by exhibiting and selling their products.
Sports
9th Asian Winter Games - Concluded
- Edition: 9th Asian Winter Games.
- Host Country: China.
- 10th Edition Host: Saudi Arabia (first West Asian country to host).
- Mascot: BinBin and NiNi (twin tigers).
- Motto: "Dream of Winter, Love among Asia".
- Medal Tally (Top 3):
- China (1st Rank)
- Republic of Korea (South Korea) (2nd Rank)
- Japan (3rd Rank)
- India's Performance: India did not win any medals; contingent of 59 athletes.
- Frequency: Held every 4 years.
State News - Madhya Pradesh
India's First Global Capability Center Policy
- State: Madhya Pradesh.
- Policy Focus: Developed India's first policy to promote Tier-2 cities (like Warangal, Nizamabad in Telangana) as global export hubs.
- Goal: To elevate Tier-2 cities to become leaders in global exports.
Summits & Events
International Temple Convention and Expo
- Host City: Tirupati, Andhra Pradesh.
- Event: International Temple Convention and Expo.
Books & Persons in News
Books
- " मांडवी टू मस्कट (Mandvi to Muscat)": Book about the history of Indian women in Muscat, released by Jayashankar.
- "Life of Karma Yogi – Memoir of a Civil Servant": Biography of Gopalakrishna Naidu, released by Telangana CM Revanth Reddy.
Persons in News
- Praveen Jugnauth: Former Prime Minister of Mauritius, arrested in connection with a money laundering case. Close friend of Indian PM Modi.
Telangana State News
- Vikarabad District, Kankal Village:
- Discovered inscriptions from the Kalyana Chalukya period.
- Archaeological significance of Kankal village.
- Cyber Security Summit "Shield 2025":
- Cyber security summit "Shield 2025" started in Hyderabad.
- Organized by Cyber Security Bureau.
- Hosted at HICC (Hyderabad International Convention Centre), Hyderabad.
Summary based on sources: Hindu, Express, Eenadu, PIB. Prepared by Gemini (Large Language Model).
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