The World Bank, the Government of India and representatives of 5 States of Government of India and Implementing Agencies signed in New Delhi the Loan Agreement for Additional Financing of $137 Million for the Dam Rehabilitation and Improvement Project (DRIP). This agreement will help rehabilitate and modernize over 220 selected large dams in the States of Karnataka, Kerala, Madhya Pradesh, Odisha, Tamil Nadu and Uttarakhand. The $137 Million Loan from the International Bank for Reconstruction and Development (IBRD), has a 3-year grace period, and a final maturity of 16 years.

President Ram Nath Kovind gave his assent to the amendments to the Indian Stamp Act, 1899,which were introduced in the Parliament as part of the Finance Act 2019. These amendments have been introduced to regularise the system of levying stamp duty and to help in curbing tax evasion. For the stamp duty rates, the duties levied by Maharashtra will be taken as a benchmark as the state accounts for 70% of the total collection. They propose creation of a legal and institutional mechanism which will enable states to collect stamp duty on securities market instruments at one place by one agency(through the Stock Exchanges or Clearing Corporations authorised by the stock exchange or by the Depositories). They also propose a mechanism for appropriate sharing of the stamp duty with relevant state governments on the basis of state of domicile of the buying client.

India has moved up one position to rank 80th on the global talent competitive index, but remains a laggard among the BRICS nations. Switzerland continues to top the list, released on the first day of the World Economic Forum (WEF) Annual Meeting at Davos by INSEAD business school in partnership with Tata Communications and Adecco Group.

The Geological Survey of India (GSI) has launched 22 permanent Global Positioning System (GPS) stations across India to identify seismically hazardous zones and encourage mapping activities. The 22 GPS-Geodetic (pertaining to Geodesy, the science of earth measurement) observatories are located in Kolkata, Thiruvananthapuram, Jaipur, Pune, Dehradun, Chennai, Jabalpur, Bhubaneswar, Patna, Raipur, Bhopal, Chandigarh, Gandhinagar Vishakhapatnam, Agartala, Itanagar, Mangan, Jammu, Lucknow, Nagpur, Shillong and Little Andaman. These stations are meant to delineate high strain zones for earthquake probability, determine a seismic motion on faults that may lead to a rupture and produce thematic maps with high positional accuracy. The new 13 stations will be located in Aizawl, Faridabad, Uttarkashi, Pithoragarh, Cooch Behar, Zawar, North Andaman, Middle Andaman, South Andaman, Ranchi, Mangalore, Imphal and Chitradurga.

The Delhi government's Dialogue and Development Commission (DDC), a think-tank that advises the government on key issues, has set up a 17-member high-level committee to "reform higher education" in the capital. The committee will be chaired by DDC vice-chairperson Jasmine Shah. The committee will "recommend goals, metrics, policies, and actionable plans for reforming Delhi's higher education system within a year". Nalanda 2.0, a non-profit policy think tank is collaborating with the DDC as the knowledge partner in the initiative.

Reserve Bank of India and Bank of Japan have signed a Bilateral Swap Arrangement (BSA). The BSA was negotiated between India and Japan during the visit of Prime Minister Narendra Modi to Tokyo in October 2018. The BSA provides for India to access 75 billion US dollars whereas the earlier BSA had provided for 50 billion dollars. The BSA was approved by the Union Cabinet in January. India can access the agreed amount of 75 billion dollars for its domestic currency, for the purpose of maintaining an appropriate level of balance of payments or short-term liquidity.

The Union Government has decided to renovate and develop around 400 abandoned airstrips across the country to strengthen air-connectivity. The first such airstrip to be developed into a modern airport will be Dhalbhumgarh in East Singhbhum district of Jharkhand.

The Union Cabinet approved a 10% reservation for 'economically backward' upper castes in government jobs. Ahead of the General Elections this year, the government has announced reservation in jobs for those belonging to the upper castes and earning less than Rs 8 lakh per year. A bill to amend Article 15 and 16 of the constitution will be moved in Parliament to this effect.

J P Nadda, Union Minister of Health and Family Welfare inaugurated the '4th Global Digital Health Partnership Summit' in New Delhi, in the presence of Shri Ravi Shankar Prasad Union Minister of Law & Justice and Electronics & Information Technology and Health Ministers from several countries. The global intergovernmental meeting on digital health is being hosted by the Ministry of Health and Family Welfare in collaboration with the World Health Organization (WHO) and the Global Digital Health Partnership (GDHP).

UNICEF representative in India Yasmin Ali Haque lauded the contribution of Poshan Abhiyaan-a scheme by the central government in reduction of stunting, under-nutrition and anaemia in women and adolescents by providing monetary support via direct cash transfers. It was launched in 2017 by Prime Minister Narendra Modi in Jhunjhunu, Rajasthan.Quoting Haque, "Poshan Abhiyaan has got global recognition for its effort to eradicate malnutrition from India. Cash transfer is an additional support to the family income. The Poshan Abhiyaan is a massive step that realises the need for eradicating malnutrition".The latest UNICEF report states that one-third of the population suffers from at least one kind of malnutrition and the number would increase tohalf by 2025.According to the National Family Health Survey (NFHS)-4, 2015-16, one-fifth of the total population has a BMI less than 18.5, while one-fourth males and half of the total females are anaemic.According to the latest Global Nutrition Report, India accounts for one- third stunting of the global population. India topped the list with 46.6 million stunted children, followed by Nigeria (13.9 million) and Pakistan (10.7 million).