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One Liners 27-01-2026
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Polity & Governance
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Appointments Committee of the Cabinet (ACC)
ACC has approved new chiefs for the Indo Tibetan Border Police (ITBP), Border Security Force (BSF), and National Investigation Agency (NIA).
- It formed by a two-member committee.
- Headed by – Prime Minister as the Chairperson, with the Minister of Home Affairs as the only other member.
- Established under – Government of India (Transaction of Business) Rules, 1961.
- Objective – To selects, appoints, and approves key positions to ensure efficient administration and policy implementation.
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Snap Election
Japan's PM Sanae Takaichi intends to dissolve Parliament for a snap election, leveraging her high approval ratings.
- An election held ahead of schedule (earlier than constitutionally or conventionally required), usually initiated by the ruling government to benefit from favourable conditions.
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Economy
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Update to India's CPI Base Year
- Current CPI – Base year 2012
- New CPI – Base year 2024, to be released on 12th February.
- Reason for Update –
- The 2012 CPI weightages are outdated and fail to capture current consumption trends.
- Official inflation in December 2025 was 1.33%, but households perceived it at 6.6% according to the RBI survey.
- Source of new weights – Household Consumption Expenditure Survey 2023 - 24.
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Consumer Price Index or CPI
- It measures the overall change in the prices of goods and services that people typically buy over time.
- The goods and services that are included in the basket are determined from the Household Budget Survey (HBS), which is conducted every 5 years.
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Base Year
- A base year serves as the starting point for tracking numbers over time.
- These are used in financial analysis to track growth in sales, revenue growth, and other metrics.
- It is revised periodically to better capture the structural changes happening in the economy by updating the methodology of compilation and incorporation of new data sources.
- Proposed new base year for –
- GDP and IIP is 2022-23, and
- CPI is 2024.
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Household Consumption Expenditure Survey 2023 – 24
- Conducted by – National Statistical Office (NSO), Ministry of Statistics and Programme Implementation.
- Objectives –
- To collect information on consumption and expenditure of the households on goods and services.
- To provide data required to assess trends in economic well-being,
- To determine and update the basket of consumer goods and services and weights used for the calculation of the Consumer Price Index.
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Index
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Global Unemployment Rate & Poverty
- Reported by – International Labour Organization’s 2026 report.
- Key points –
- Global unemployment – In 2026 is expected to stay low at 4.9% (186 million people).
- Around 284 million workers earn less than $3 a day, living in extreme poverty.
- Between 2015 and 2025, extreme working poverty fell by only 3.1 percentage points, compared to a 15‑point drop in the previous decade.
- Over 2 billion workers worldwide are still engaged in informal employment.
- Key challenges – It includes rising poverty among workers in low‑income countries, persistent gender inequality, and trade uncertainties.
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UN Report on Sri Lanka Conflict & Tamil Rights
- Focus – The report examines sexual violence committed by Sri Lankan security forces against Tamil civilians during the civil war, which ended 17 years ago.
- Key finding – Sexual abuses remain unaddressed.
- Recommendations
- The UN recommends ensuring accountability for past violations.
- It urges Sri Lanka to formally acknowledge the abuses.
- Survivors should be supported through appropriate measures.
- Reforms must be implemented to end impunity and deliver justice.
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Miscellaneous
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National Voters' Day 2026
- Observed on – 25th January.
- Theme – "My India, My Vote" with a tagline of Citizen at the Heart of Indian Democracy.
- Commemoration to – The foundation of the Election Commission of India (ECI), which was established on January 25, 1950, under Article 324 of the Indian Constitution.
- Objective – To honour voters, encourage youth participation, and strengthen democratic values, and promote universal adult suffrage.
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National Army Day 2026
- Observed annually on – 15th January.
- Theme – Year of Networking and Data Centricity, focuses on digital transformation within the Indian Army.
- Recognition of – Field Marshal Kodandera M Cariappa (then a Lieutenant General) taking over as the 1st Commander-in-Chief of the Indian Army from General Fransis Bucher, the last British Commander-in-Chief of India, on 15 January 1949.
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