Ultimate March

• The Union Cabinet chaired by Prime Minister Shri Narendra Modi approved the proposal of creation of one post at the level of Scientist H (in the pay level 15) as Director of National Institute of One Health, Nagpur who will also serve as the Mission Director for the multi-Ministerial and multi-sectoral National One Health Mission for integrated disease control and pandemic preparedness, by bringing human, animal, plant and environmental sectors together
• Scientist H

  Pay level 15 (Rs.1,82,000 - Rs.2,24,100)
• The creation of one post of Director of the National Institute of One Health at the level of Scientist 'H' in the pay level 15 will have annual financial implications of approx. Rs.35.59 lakhs
• The Union Cabinet chaired by Prime Minister Shri Narendra Modi approved the establishment of three semiconductor units under 'Development of Semiconductors and Display Manufacturing Ecosystems in India
• Tata Electronics Private Limited ("TEPL")


  Will set up a semiconductor fab in partnership with Powerchip Semiconductor Manufacturing Corp (PSMC), Taiwan
• Tata Semiconductor Assembly and Test Pvt Ltd ("TSAT")

  Will set up a semiconductor unit in Morigaon, Assam
• The Union Cabinet, chaired by Prime Minister Shri Narendra Modi, has approved PM-Surya Ghar: Muft Bijli Yojana with a total outlay of Rs.75,021 crore for installing rooftop solar and providing free electricity up to 300 units every month for One Crore households
• The Prime Minister launched the PM-Surya Ghar: Muft Bijli Yojana scheme on 13th February, 2024
• The Union Cabinet chaired by Prime Minister Shri Narendra Modi approved the establishment of the International Big Cat Alliance (IBCA) with headquarters in India with a one-time budgetary support of Rs.150 crore for a period of five years from 2023-24 to 2027-28
• Financial Action Task Force's (FATF) in its plenary meeting in February, 2024 removed the United Arab Emirates (UAE) successfully from the watchdog's grey list
• Barbados, Gibraltar and Uganda will also be removed from the FATF's grey list
• Kenya and Namibia have been added to the Financial Action Task Force (FATF) greylist
• The World Gold Council has appointed Sachin Jain as its new Chief Executive Officer (CEO), India, who will take up the role in March 2024
• Jain will succeed Somasundaram PR, who will continue in his present job and duties till Jain joins to facilitate a smooth transfer
• Somasundaram will continue to work with the World Gold Council as an advisor on the establishment of a self-regulatory organisation (SRO), which is a critical project for the Indian gold sector
• Vijay Shekhar Sharma, Chief Executive Officer (CEO) of Paytm and nominee of One97 Communications Ltd (OCL), has resigned from his positions as part-time non-executive chairman and board member of Paytm Payments Bank Limited (PPBL)
• Zurich Insurance Group will buy a 70% stake in Kotak Mahindra Bank's general insurance arm by paying 55.60 billion rupees (nearly $671 million) upfront instead of staggering the purchase as planned last year
• Union Minister of State for Electronics and IT, Skill Development and Entrepreneurship Rajeev Chandrasekhar inaugurated the 'Investor Information and Analytics Platform' developed by the Indian Institute of Technology (IIT) Madras
• India's first septic tank/manhole cleaning robot, offering an end-to-end solution to eliminate manual scavenging, is strengthening the swachhata abhiyan in different corners of the country
• Homosep Atom


  Technology developed by the startup incubated in the Department of Science and Technology (DST)-Technology Business Incubator (TBI) of IIT Madras, solves manual cleaning methods and transforms it to robotic cleaning methods
• Zero Discrimination Day 2024 is celebrated on March 1st, 2024
• Zero Discrimination Day 2024


  Helps to create a global movement of solidarity to end all forms of discrimination
• The theme for Zero Discrimination Day 2024 is "To protect everyone's health, protect everyone's rights"
• World Civil Defence Day 2024 is observed on the 1st of March 2024
• Self Injury Awareness Day 2024 is observed on the 1st of March 2024
• Employee Appreciation Day 2024 is observed every year on the 1st Friday of March, so, for this year it is observed on March 1st, 2024
• The State Bank of India (SBI)has requested the Reserve Bank of India (RBI) for a lower cash reserve ratio (CRR) on green deposits raised from customers
• Cash Reserve Ratio (CRR)

  The percentage of cash that banks are required to maintain with the Reserve Bank of India (RBI) against their total deposits
• Union Minister of Road Transport & Highways, Shri Nitin Gadkari laid the foundation stone of 2 National Highway projects worth Rs 1750 crore in Mirzapur in the presence of state ministers and MPs, MLAs and officials
• Union Minister for Road Transport and Highways, Shri Nitin Gadkari in a post said in Arunachal Pradesh, an allocation of Rs. 6728.33 crore has been granted for constructing 8 stretches on NH-913 (Frontier Highway) as Intermediate Lane Road, spanning 305.50 Km on EPC mode
• Prime Minister, Shri Narendra Modi will launch multiple transformative projects of the Ministry of Ports, Shipping and Waterways at Arambagh, Hooghly in Kolkata
• The Mauritius Government has decided to amend the Double Taxation Avoidance Agreement (DTAA)with India in order to go with Organisation for Economic Co-operation and Development (OECD)'s proposal on Base Erosion and Profit Shifting
• Samir Shah, an India-born media executive, has been confirmed as the new BBC chairman after his selection underwent scrutiny and was approved by King Charles III
• As part of 'Aatmanirbharta in Defence'and to further boost Make-in-India initiative, the Ministry of Defence (MoD) signed 5 major capital acquisition contracts worth Rs 39,125.39 crore in New Delhi
• Contracts signed by Ministry of Defence

  • One contract with M/s Hindustan Aeronautics Limited for the procurement of Aero-engines for MiG-29 aircraft
  • Two contracts with M/s Larsen & Toubro Limited for the procurement of Close-in Weapon System (CIWS) and High-Power Radar (HPR)
  • Two contracts with M/s BrahMos Aerospace Private Limited (BAPL)for the procurement of BrahMos missiles and Ship-borne BrahMos system for the Indian Defence Forces
• Google DeepMind has unveiled Genie, a new Artificial Intelligence (AI) model capable of generating interactive video games solely from a text or image prompt
• The NSSO (FOD) under the Ministry of Statistics and Programme Implementation(MoSPI) has entered into a Memorandum of Understanding (MoU) with the National Remote Sensing Centre (NRSC) under the Indian Space Research Organization (ISRO) to facilitate Urban Frame Survey (UFS) in a digital mode using the state-of-the-art Geo ICT tools and techniques using Bhuvan Platform
• The Financial Intelligence Unit-India (FIU-IND), in furtherance of the powers conferred upon the Director FIU-IND under Section 13(2)(d) of the Prevention of Money Laundering Act (PMLA), 2002, has imposed a monetary penalty of 5,49,00,000 on Paytm Payments Bank Limited with reference to the violations of its obligations under the PMLA read with the Prevention of Money Laundering (Maintenance of Records) Rules, 2005 (PML Rules) issued thereunder and applicable guidelines and advisories issued by the Director FIU-IND
• Union Minister for Chemicals and Fertilizers Dr Mansukh Mandaviya inaugurated the Greenfield Projects under the Production Linked Incentive Scheme-PLI Scheme for Bulk Drugs and Medical Devices at a function in New Delhi
• Uttar Pradesh (UP) has emerged as the first State in the country to issue 5 crore Ayushman cards under the Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (AB-PMJAY)