14 April 2020 CURRENT AFFAIRS

Festival and place:

Different festivals being celebrated in several parts of the country- April 13 and 14:

 

Vaisakhi All over India
Vishu Kerala and Karnataka
Rongali Bihu Assam
Naba Barsha  West Bengal
Puthandu Tamil Nadu

 

Helicopter money:

This is an unconventional monetary policy tool aimed at bringing a flagging economy back on track. It involves printing large sums of money and distributing it to the public. American economist Milton Friedman coined this term.

How will Helicopter Money help the Economy?

  • Simply put, Helicopter Money means an extension of non-repayable money transfer from the central bank to the state and central governments, to infuse liquidity in the system.
  • The policy aims at putting more money into the pockets of people to nudge them to spend more money and in turn pick-up economic activity in the country.
  • The direct impact of Helicopter Money is a rise in the disposable incomes of the people, an increase in money supply to boost demand and inflation in the economy.

 

CollabCAD

CollabCAD is a 3D CAD/CAM Software system for collaborative design & development of Industrial Designs. It provides a total solution from product design, numerical control, visualization, simulation, analysis to content management, workflow, and office automation.

Features:

  • This initiative aims to provide a great platform to students of Atal Tinkering Labs (ATLs) across the country to create and modify 3d designs with free flow of creativity and imagination.
  • This software enables students to create data across the network.
  • concurrently access the same design data for storage and visualization.

Eligibility:

  • Schools (minimum Grade VI – X) managed by Government, local body or private trusts/society can set up ATL.
  • The applicant school would have to provide at least 1,500 Sq. Ft. of built-up space. Also, Applicant schools from hilly / Himalayan and island states
  • UTs would have to provide at least 1,000 Sq. Ft. of built-up space.

 

Dr. B R Ambedkar’s Birth Anniversary

Dr. B.R. Ambedkar was born on 14th April 1891 in Mhow, Central Province (now Madhya Pradesh). He was India’s first Law Minister and was Chairman of the Drafting Committee for the new Constitution. The Indian Government has set up Panchteerath in the memory of Dr. BR Ambedkar.

  • Contributions of Dr. Ambedkar are as follows
  1. Organizations – Bahishkrit Hitkarini Sabha (1923), Independent Labor Party (1936), Scheduled Castes Federation (1942).
  2. Books – Annihilation of Caste, Buddha or Karl Marx, The Untouchable: Who are They and Why They Have Become Untouchables, Buddha and His Dhamma, The Rise and Fall of Hindu Women
  3. Journals – Mooknayak (1920), Bahishkrit Bharat (1927), Samatha (1929), Janata (1930)

 

Meru Jatra Festival

Meru Jatra marks the end of the 21-day-long festival of penance named ‘Danda Nata’. Mahavishub Sankranti is also the start of the Odia New Year. On this day, thousands of devotees used to gather at the Tara Tarini hill shrine and other temples.

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