Current Affairs

2 September, 2021


Bangladeshi Vaccine Scientist Firdausi Qadri and 4 Others Awarded for Ramon Magsaysay Award 2021

Bangladeshi scientist Firdausi Qadri, who developed a cheap oral vaccine against cholera won the Ramon Magsaysay award 2021 which is also called Asia’s Nobel Prize. Along with her, the other recipients received the award for the year 2021.

2021 other awardees are:

Muhammad Amjad Saqib (Pakistan) – for helping people through social entrepreneurship.

Steven Muncy (Southeast Asia) – for extending humanitarian and peace-building efforts across borders.

Filipino fisher and community environmentalist Roberto Ballon from philippines.

Watchdoc Indonesia (Indonesia) – for emergent leadership and for using journalism and filmmaking to give voice to the people.

About Firdausi Qadri
i.Dr. Qadri is 70 years old senior scientist and working on projects for creating affordable vaccines to combat cholera and typhoid at the Mucosal Immunology and Vaccinology Unit at the International Centre for Diarrheal Disease Research in Dhaka,Bangladesh.
ii.She is also working to enhance efforts of mass vaccination in Rohingya refugee camps.
iii.She played a key role in providing affordable Oral Cholera Vaccine (OCV) and Typhoid Conjugate Vaccine (ViTCV) in the region.
iv.She was awarded the L’oreal-UNESCO Award 2020 for outstanding work in science to prevent infectious diseases among children.
About Muhammad Amjad Saqib
Shaqib is 64 years old, Pakistani activist who has developed the first interest free Microfinance Program- Akhuwat. It uses a place of worship to provide zero-interest loans.
Raman Magsaysay Award–
Ramon Magsaysay Award is an annual award established to perpetuate former Philippine President Ramon Magsaysay of his integrity in governance, courageous service to the people, and pragmatic idealism within a democratic society.
Established – April 1957
Location – Manila, Philippines

Dubai gets Ain Dubai, World’s largest & Tallest Observation Wheel

The World’s largest and tallest observation wheel named ‘Ain Dubai’ is set to be opened in Dubai, United Arab Emirates(UAE) on 21st October 2021. The ain Dubai is located at Bluewaters Island.
Hyundai Engineering & Construction and Starneth Engineering were the primary design and construction contractors of Ain Dubai.
The Ain Dubai is around 2 times taller than the London Eye, which will take the visitors to a hight of 250 meters.


Hardeep Singh Puri Chairs 40th Meeting of National Capital Region Planning Board and Launch of Pariman Geo-Portal

Hardeep Singh Puri, Minister of Housing and Urban Affairs and Petroleum and Natural Gas chaired the 40th meeting of the National Capital Region Planning Board(NCRPB) through video conferencing. Hardeep Singh Puri launched the Combined Reciprocal Common Transport Agreement (CRCTA) for the carriage facilities among the governments of Haryana, Rajasthan, Delhi and Uttar Pradesh. It will boost the seamless movement of passenger vehicles in the NCR. Facility of Single point of taxation for all motor cabs, taxis, autos, buses, etc. This move will help in decongesting the traffic. The Draft Regional Plan-2041 (DRP- 2041) was discussed, which aims to enhance the inter state connectivity, trade and services and transportation. Online geo portal- “Pariman” based on remote sensing and GIS technology developed by NIC for NCR( National Capital Region) Planning Board was launched

About NCR (National Capital Region)
NCR is the metropolitan region that covers the entire Delhi territories and many adjacent districts from the surrounding states of UP, Rajasthan & Haryana.
Under- National Capital Region Planning Board Act, 1985

India virtually hosted 8th meeting of Agriculture Experts of BIMSTEC countries 2021

India virtually hosted the 8th Meeting of Agriculture Experts of Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) Countries 2021 Krishi Bhawan, New Delhi. The meeting was chaired by Dr Trilochan Mohapatra, Director General (DG) of Indian Council of Agricultural Research (ICAR) and Secretary (Department of Agricultural Research-DARE). It was co-chaired by Thanda Kyi, Deputy Director General, Department of Planning, Ministry of Agriculture, Livestock and Irrigation, Myanmar.

Other Participants:
The senior officials of DARE and ICAR Headquarters, and representatives of the Ministry of External Affairs (MEA) along with experts of Agricultural Ministries from Bangladesh, Bhutan, India, Nepal, Sri Lanka, Myanmar and Thailand participated in the meeting.
BIMSTEC is a link between South and South-East Asia on 14 priority areas with 5 countries from South Asia viz. Bangladesh, Bhutan, India, Nepal and Sri Lanka and 2 countries from South-East Asia viz. Myanmar and Thailand.

Indian Navy Signed Contract with BEL for India’s 1st Indigenously Developed NADS

The Indian Navy has signed a contract with Bharat Electronics Limited (BEL) for the manufacture and supply of India’s 1st indigenously developed Naval Anti Drone System (NADS) with both ‘hard kill’ and ‘soft kill capabilities. The NADS has been developed by the Defence Research and Development Organisation (DRDO) and manufactured by BEL. Different units of BEL, DRDO Labs along with the Indian Navy were involved in the making of NADS, as a part of the Atmanirbar Bharat to counter drone threats of adversaries. NADS uses the Radar, Electro-optical/infrared (EO/IR) sensors, DRDO’s Radio Frequency (RF) /Global Navigation Satellite System (GNSS) detectors to detect and jam the micro drones.

About Bharat Electronics Limited (BEL):
It is a Navratna PSU (Public Sector Undertaking) under the Ministry of Defence.
Establishment – 1954
Headquarters – Bangalore, Karnataka
Additional Charge, CMD & Director – Anandi Ramalingam


NSO: India’s GDP in Q1 FY22 Grow by 20.1%; Fiscal Deficit in April-July 2021 Reached 21.3% of BE

As per the data of the National Statistical Office (NSO), Ministry of Statistics and Programme Implementation (MoSPI), India’s Gross Domestic Product (GDP) in the first quarter of the financial year 2021-22 (Q1 FY22) (i.e. April to June 2021) grew by 20.1 percent as compared to a contraction of 24.4 (-24.4) percent in Q1 FY21.

GDP at Constant Prices (2011-12): It is estimated at Rs 32.38 lakh crore in Q1 FY22, as against Rs 26.95 lakh crore in Q1 FY21 (a growth of 20.1 percent).

Gross Value Added (GVA) at Constant Prices: It is estimated at Rs 30.48 lakh crore in Q1 FY22, as against Rs 25.66 lakh crore in Q1 of FY21 (a growth of 18.8 percent).

Fiscal Deficit in April-July 2021 Reached 21.3% of BE
As per data released by the Controller General of Accounts (CGA), India’s fiscal deficit during April – July 2021 (i.e. the 1st 4 months of FY22) stood at Rs 3.21 lakh crore or 21.3 percent of the budget estimate (BE) at the end of July 2021. The fiscal deficit for FY22 was estimated by the center at Rs 15.07 lakh crore.

About Controller General of Accounts (CGA):
i.CGA, in the Department of Expenditure, Ministry of Finance, is the Principal Accounting Adviser to the Government of India.
ii.The Annual Appropriation Accounts (Civil) and Union Finance Accounts are submitted by CGA to Parliament under Article 150 of the Constitution.
iii.Current CGA – Deepak Das (25th CGA, from August 1, 2021)

EXIM Bank provides USD100mn loan to Africa Finance Corp for Infra Development

i.For the revival of COVID-19 impacts Africa’s economies, the Export-Import Bank of India (Exim Bank) has extended a line of credit of USD 100 million (Rs 730 crore) on behalf of the Indian government to the Africa Finance Corporation (AFC).

ii.This credit line will be utilized to develop infrastructure in the continent and boost economic betterment.
iii.Its tenure will be 10 years.
About Export-Import Bank of India:
Establishment– 1982
Headquarters – Mumbai, Maharashtra

BharatPe Partners with Axis Bank for its POS Business

BharatPe, the fintech company for merchants, and Axis Bank, the 3rd largest private sector bank in India, entered into a strategic partnership. Under the partnership, Axis Bank will act as the acquiring bank for BharatPe’s point of sale (PoS) business ‘BharatSwipe’ and provide acceptance of debit and credit cards for merchants associated with BharatPe. With an installed base of over 652,026 PoS terminals across India, Axis Bank is the 3rd largest PoS acquiring bank in the payments acceptance business in India. It currently processes about Rs 19,000 crore of payments per month.

BharatSwipe: It was launched by BharatPe in 2020 as India’s 1st zero rental and zero Merchant Discount Rate (MDR) POS machine.
About BharatPe:
Headquarters – New Delhi
CEO, Co-Founder – Ashneer Grover

PayNearby launched first-of-its-kind ‘NeoDukaan’ in partnership with RASCI

PayNearby has partnered with Retailers Association’s Skill Council of India (RASCI) to launch ‘PayNearbyNeoDukaan’, first-of-its-kind holistic store management tool, for the digital empowerment of its retail partners and retail stores. It will provide multiple digital payment options like digital ledger for credit management, online wholesale procurement options, among others.

About PayNearby Technologies Pvt. Ltd (PayNearby):
It is a Department for Promotion of Industry and Internal Trade (DPIIT) Certified Fintech Company registered under The Startup India program of the Government of India
Establishment– April 2016
Headquarters– Mumbai, Maharashtra
Founder & Chief Executive Officer (CEO)– Anand Kumar Bajaj
About Retailers Association’s Skill Council of India (RASCI):
It functions as the Apex Skill Development Council for the Retail Industry.
Chairman– Avijit Mitra
Headquarter– Mumbai, Maharashtra


Princepal Singh Becomes 1st Indian to be a Part of NBA Championship Roster

Princepal Singh Bajwa from Punjab became the first Indian to be part of an NBA title winning team (at any level of the NBA) when his team Sacramento Kings won the 2021 NBA Summer League in Las Vegas in United States against the Boston Celtics. He signed a professional contract with NBA G League Ignite and became the 1st NBA Academy global alumni to sign a G League Contract and 1st ever NBA Academy India alumni to sign a professional contract. The win made the Sacramento Kings the only franchise to win multiple summer league titles.

South African Cricketer Dale Steyn Retires from All forms of Cricket

South African Cricketer & Right-arm fast bowler, Dale Willem Steyn has announced his retirement from all forms of Cricket (ODIs, T20Is) at the age of 38. He had retired from Test cricket in 2019. The Right arm bowler has played 93 Tests, picking 439 wickets at an average of 22.95. Steyn ranks 8th in the all-time list of Wicket-takers in Test cricket. In One Day Internationals (ODIs), he has played 125 ODIs, picking 196 wickets & 47 Twenty20 Internationals (T20Is) by taking 64 wickets. Steyn has played for Royal Challengers Bangalore (RCB), SunRisers Hyderabad (SRH) & Gujarat Lions in the Indian Premier League (IPL). He was born in June 1983 in Phalaborwa, South Africa.

i.He was named one of the Wisden Cricketers of the year in 2013 & Wisden Leading Cricketer in the World for 2013.
ii.He was featured in Wisden Cricketers of the Decade in 2019.
iii.Steyn was included in the International Cricket Council (ICC) Test Team of the Decade at the end of 2020.
About International Cricket Council (ICC):
Chairman – Greg Barclay
Headquarters – Dubai, United Arab Emirates


CCI Approves the Acquisition of TVS Supply Chain Solutions Pvt Ltd by T.S. Rajam Rubbers & Dhinrama Mobility Solution

The Competition Commission of India (CCI) approved the acquisition of certain shareholding in TVS Supply Chain Solutions Private Limited by T.S. Rajam Rubbers Private Limited and Dhinrama Mobility Solution Private Limited under Section 31(1) of the Competition Act, 2002. This transaction will be carried out through a secondary purchase from CDPQ Private Equity Asia Private Limited(CDPQ), an existing shareholder.

Additional info:
i.T.S. Rajam Rubbers Private Limited and Dhinrama Mobility Solution Private Limited are the wholly owned subsidiaries of TVS Mobility Private Limited, owned and controlled by Shri TS Rajam Family.
ii.The members of the RS Rajam Family are the promoters of TVS Supply Chain Solutions Private Limited.

Alar Karis Elected as the President of Estonia

Alar Karis, Director of the Estonian National Museum has been elected as the 5th President of Estonia. He will be succeeding Kersti Kaljulaid, the first female president of Estonia. He will assume office on 11th October 2021. He won the second voting by securing 72 out of the 101 votes of the Parliament. He was the only presidential candidate in both rounds.

About Alar Karis:
i.Alar Karis hails from Tartu, the 2nd largest city of Estonia.
ii.He is a molecular geneticist and developmental biologist who has served as a professor and then headed the University of Tartu between 2007-2012.
iii.He has served as the Auditor General of Estonia in 2013 to 2018.
Parliament of Estonia:
i.The unicameral parliament of Estonia is known as ‘Riigikogu’.
ii.101 members of Parliament are elected at general elections for a term of 4 years.
President of Estonia:
i.The role of the President of Estonia is ceremonial while the Prime Minister hos the major power.
ii.The President has the authority to veto laws, appoint government ministers and serve as the supreme commander of the Armed forces of Estonia.
About Estonia:
Prime Minister– Kaja Kallas
Capital– Tallinn
Currency– Euro

NTPC-Ramagundam won the CII Energy Leader Award-202

The National Thermal Power Corporation (NTPC), Ramagundam (Telangana) won the Confederation of Indian Industry (CII) Energy Leader Award-2021 at the 22nd National Award Ceremony for Excellence in Energy Management 2021 hosted by the CII. The awards were presented during the virtual CII energy summit held between 25th to 27th August 2021. This is the 3rd consecutive year for NTPC Ramagundam unit to win this top award in power category. It is also the only station of NTPC to win this award. NTPC-Ramagudem received the prestigious award for its exemplary performance and contribution in the area of energy efficiency and environment protection and implementation of energy management system as per ISO 50001 standards.

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