February 27, 2021

●The Indian National Trust for Art and Cultural Heritage (INTACH) is a non-profit organization set up in 1984 with a mandate to protect and conserve India’s vast natural, built and cultural heritage.
●Today, it is the country’s largest non-profit membership organisation dedicated to the conservation and preservation of our natural, cultural, living, tangible and intangible heritage. 
●It is registered under the Societies Registration Act, 1860.
●It functions under the Ministry of Culture and is responsible for archaeological research and conservation and preservation of around 3,650 monuments categorised as “national heritage”.

Jana Gana Mana
●Jana Gana Mana is the national anthem of India.
●It was originally composed as Bharoto Bhagyo Bidhata in Bengali by polymath Rabindranath Tagore.
●The first stanza of the song Bharoto Bhagyo Bidhata was adopted by the Constituent Assembly of India as the National Anthem on 24 January 1950.
●A formal rendition of the national anthem takes approximately 52 seconds.
●The poem was published in January 1912, under the title Bharat Bhagya Bidhata in the Tatwabodhini Patrika, which was the official publication of the Brahmo Samaj with Tagore then the Editor.

Flexible Inflation Targeting
●Flexible inflation targeting (FIT) approach, the central bank is expected to work to maintain retail inflation at 4%, with an upper tolerance limit of 6% and a lower limit of 2%.
●The six-member monetary policy committee (MPC) headed by the RBI governor decides on policy rates keeping this target in mind.
●Inflation targeting is a monetary policy in which a central bank sets a specific target for medium-term inflation rate and declares the target for inflation to the public.

Asia Economic Dialogue (AED), 2021
●AED is the flagship geoeconomics conference of the Ministry of External Affairs (MEA), India.
●The AED 2021 is jointly convened by the MEA and Pune International Centre (PIC).
●The theme for this year’s conference is “Post Covid-19 Global Trade and Finance Dynamics”.
●Under this theme, the discussions will focus on the pandemic’s impact on trade and finance, on the world and on Asia in particular, as well as strategies to deal with this impact.

STIP Policy
●Draft 5th National Science, Technology, and Innovation Policy for public consultation(STIP)
●As India and the world reorient in the present context of the COVID-19 crisis, a new Science, Technology, and Innovation Policy (STIP) was initiated at this crucial juncture during mid-2020.
● The new policy, STIP, revolves around the core principles of being decentralized, evidence-informed, bottom-up, experts-driven, and inclusive.
●Also, it aims to bring in the concept of dynamic policy with a robust policy governance mechanism incorporating features such as implementation strategy, periodic review, policy evaluation, feedback, and adaptation, and most importantly, a timely exit strategy for various policy instruments.

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