Weekly Current Affairs: March 22 To March 31 2019

Global Economic Outlook by Fitch

As per the Global Economic Outlook by Fitch, India’s economic growth forecast has been reduced to 6.8% from 7% earlier for FY19-20 (1 April 2019 – 31 March 2020).
The GDP forecast for FY19 (ending March 2019) has been slashed to 7.2% from 7.8%.
The Indian economy is expected to do better in FY 21, with growth rate expected at 7.1%

Indira Gandhi International Airport (IGIA) has now become the world's 12th busiest airport according to the preliminary World Airport Traffic Rankings 2018 released by Airports Council International.
The ACI report states that the IGI airport witnessed 6.9 crore domestic and international flyers in 2018
Atlanta-Hartsfield-Jackson Airport kept the top place and handled over 107 million passengers.
Beijing Airport was at the second position.

According to the Global Multidimensional Poverty Index 2018 Report prepared by the United Nations Development Programme (UNDP) and the Oxford Poverty and Human Development Initiative, India has reduced its poverty rate drastically from 55% to 28% in 10 years.
The country still has the largest number of people living in multidimensional poverty in the world – 364 million people and Bihar was the poorest state in 2015-16.
The report which covers 105 countries states that, 1.3 billion people in the world live in multidimensional poverty

India has secured rank 76th on a Global Energy Transition Index compiled by Geneva-based World Economic Forum (WEF)
The index ranked 115 economies on how well they are able to balance energy security and access with environmental sustainability and affordability.
Sweden remains on the top on this annual list followed by Switzerland and Norway in the top three

Indian Space Research Organisation has launched a special programme for School Children called "Young Scientist Programme" "YUva VIgyani KAryakram" from this year, in tune with the Government's vision "Jai Vigyan, Jai Anusandhan".
The Program aims at imparting basic knowledge on Space Technology, Space Science and Space Applications to the younger ones with the intent of arousing their interest in the emerging areas of Space activities.
The programme will be of two weeks duration during summer holidays (second half of May 2019) and the schedule will include invited talks, experience sharing by the eminent scientists, facility and lab visits, exclusive sessions for discussions with experts, practical and feedback sessions.
It is proposed to select 3 students each from each State/ Union Territory to participate in this programme covering CBSE, ICSE and State syllabus
Students belonging to the rural area have been given special weightage (20%) in the selection criteria.

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