Current Affairs India - 6 February 2015

1. Prime Minister Narendra Modi chaired the first meeting of NITI Aayog today and asked for ideas from economists to attract investments, create jobs and finance infrastructure to achieve strong growth for India. These ideas will be used during government's first full year budget to be announced on 28th February.

Chief Economic Adviser Arvind Subramanian, Aayog's full time members Bibek Debroy and V K Saraswat, Minister of State for Finance Jayant Sinha, Planning Minister Rao Inderjit Singh, ex-RBI governor Bimal Jalan, Subir Gokarn, Ashok Gulati and G N Bajpai attended the first meeting of NITI Aayog.

2. MO Garg has been appointed as the Director General of the Council of Scientific & Industrial Research (CSIR). Before this appoitment, he was Director in CSIR-Indian Institute of Petroleum (IIP), Dehradun. He did B.Tech in Chemical Engineering from Nagpur University and M.Tech from IIT Kanpur.

3. Famous Marathi author Bhalachandra Nemade has been selected for the prestigious Jnanpith award for the year 2014. With this, he will be the 50th recipient of the award. He has also been conferred with Padma Shri and Sahitya Academi award.

4. Chinese e-commerce giant Alibaba has acquired 25% stake in Indian mobile payments and ecommerce platform Paytm owner One97 Communications in order make its entry in Indian market. Paytm is India's largest mobile commerce platform with nearly 25 million orders a month and more than 23 million mobile wallet users.