24.2.23 KPSC Daily Current Affairs

Karnataka budget: Govt to create Rs 590 crore cloud-based state data centre
 The Karnataka government proposed to set up a cloud-based state data centre with an outlay of Rs 590 crore for various departments and public sector undertakings. Information technology (IT) is being used extensively in the administration of the state, chief minister Basavaraj Bommai said, adding the security of the administrative system is of extreme priority.
The government proposed to simplify the Professions Tax Act by amending the law.
To provide relief to the lower income class, it is proposed to raise the tax exemption limit from Rs 15,000 to Rs 25,000 per month for salaried or wage-earning employees
UK pips India as 6th biggest stock market
The UK surpassed India as the sixth-largest country by market capitalisation, as the domestic market grappled with a crash in stock prices of Adani Group and a weak rupee that’s prompting foreign investors to turn net sellers.
This is the first time in nine months that the UK took the spot of sixth-largest market by value and India is at the seventh spot, a Bloomberg report said. Compared to India, a weak pound sterling is helping UK companies boost their exports and that, in turn, is leading to a surge in their stock prices, it said.
At close of trading on Tuesday, the UK had a market cap of $3.11 trillion, about $5 billion ahead of India’s, Bloomberg data showed. The table is topped by US with a market cap of almost $44 trillion, with China at the second spot with $11.1 trillion.
Seattle becomes first U.S. city to ban caste discrimination
The Seattle City Council added caste to the city’s anti-discrimination laws, becoming the first U.S. city to specifically ban caste discrimination.
Calls to outlaw discrimination based on caste, a division of people based on birth or descent, have grown louder among South Asian diaspora communities in the United States. But the movement is getting pushback from some Hindu Americans who argue that such legislation maligns a specific community.
Cabinet Gives Go-Ahead To Construction Of Shinku La Tunnel For All-Weather Connectivity At Ladakh
In a significant boost to tourism and other economic activities in the region, the Cabinet has approved the construction of 4.1-km-long Shinku La Tunnel at an estimated cost of Rs 1,681 crore to provide all-weather connectivity in Ladakh.
The Border Roads Organisation (BRO) will construct the world’s highest tunnel at 16,580 feet.
First Nuclear Power Plant to be set up in Northern India, Aims to Expand Nuclear Capacity
The Union Minister of State for Science & Technology, Dr Jitendra Singh declares that the first nuclear power plant will be constructed in the Northern part of the country. This will be initiated in the Gorakhpur village in the Fatehabad district in Haryana, Uttar Pradesh.
Minister Jitendra Singh stated that the installation of a nuclear energy plant in Northern India will be undertaken due to prioritising the increase in the nuclear capacity of India. It is one of the innovative decisions that has been taken in the past eight years.
North India’s first Nuclear Plant is coming up in Haryana in the town of Gorakhpur, which is about 150 km north of the national capital of New Delhi.
UNICEF India Appoints Actor Ayushmann Khurrana as National Ambassador for Child Rights
UNICEF India made an official announcement of the appointment of the National award-winning film star Ayushmann Khurrana as a National Ambassador. The actor collaborates with UNICEF in order to support ensuring the rights of each and every child to survive, thrive, and be protected. His role is also to encourage their voice and agency in necessary decisions that are related to them.
Ayushmann assumed the position of UNICEF India’s Celebrity Advocate in September 2020. At that time, his role was to advocate against violence committed against children and the agenda of broader child rights. He has actively engaged while working on the cause at the root level.
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