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Daily News Digest:19 January 2020

Reserve Bank of India ranks sixth in buying gold from abroad

The World Gold Council (WGC) has released the World Gold Outlook 2020 report. According to the report, RBI (Reserve Bank of India) ranks 6th in the world among other central banks. The Reserve Bank of India currently holds 625.2 tonnes of gold, making it 6.6% of the country’s foreign exchange.

The other five countries that are above India are China, Russia, Kazakhstan, Turkey and Poland.

Seismic Hazard Microzonation Project

The Ministry of Earth Science under the Government of India has launched the Seismic Hazard Microzonation project to minimize earthquake disasters by putting in adequate measures. 

Seismic Hazard Microzonation is the process of identifying the earthquake-prone areas based on its geological and geophysical characteristics.

World Health Organisation endorses India developed tech-TrueNAt MTB

The WHO has endorsed the technology developed by Indian scientists to detect the disease called TrueNat MTB with respect to its accuracy. 

The TrueNat MTB test is a new molecular test developed by the Indian scientists that can diagnose Tuberculosis in 1 hour.

Water Efficiency Target: Gujarat Secured the Top Rank

The state of Gujarat has secured the top for parameters on efficiency targets in the review of state and Central government water departments set by the ministry of Jal Shakti. 

Myanmar-China sign 33 deals under the Belt and Road Initiative

Myanmar and China have signed 33 new deals under China’s Belt and Road Initiative to implement the China-Myanmar Economic Corridor. The agreement also aims to implement the deep seaport project called Kyaukphyu Special Economic Zone.

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