Current Affairs

5 October, 2021

International

WB Approved US$ 40 million Project for Meghalaya

WB also approved a US$ 40 million (around Rs 296 crore) project titled ‘Meghalaya Health Systems Strengthening Project’ to improve the quality of health services in Meghalaya and strengthen the state’s capacity to handle health emergencies, including the COVID-19. All 11 districts of the state will benefit from the project and it will enable women to better utilize healthcare services at the community level. The Under-5 mortality in Meghalaya in FY20 was about 40 deaths per 1,000 live births and Stunting among under-5 was about 47 percent. Non-communicable diseases (including hypertension, diabetes, heart disease, and cancer) account for more than half of the disease burden in the state.

About Tamil Nadu:
Governor – R.N. Ravi
Wildlife Sanctuary – Vallanadu Black Buck Sanctuary, Grizzled Giant Squirrel Wildlife Sanctuary, Kanyakumari Wildlife Sanctuary
Zoological Park – Madras Crocodile Bank Trust/Centre for Herpetology
About World Bank:
Establishment – 1944 as The International Bank for Reconstruction and Development
Headquarters – Washington D.C., USA
President – David Malpass
Members – 189

India Hosted World’s Largest Virtual Fintech Festival GFF 2021

India hosted the 2nd edition of Global FinTech Festival (GFF) 2021, the World’s largest virtual fintech festival from September 28 to 30, 2021. Theme: ‘FinTech: Empowering a Global Digital Economy’.

About National Payments Corporation of India (NPCI):

Establishment – 2008
Headquarters – Mumbai, Maharashtra
MD & CEO – Dilip Asbe

National

Alibaug White Onion, Wada Kolam Rice, Edayur Chilli, Kuttiattoor Mango and Chinnor rice Received GI Tag

Alibaug White Onion, Wada Kolam Rice, Edayur Chilli, Kuttiattoor Mango and Chinnor rice Received GI Tag

Coal Ministry set up panel to review project execution timeline

The Coal Ministry has constituted a panel to review and benchmark the timelines in project execution. The panel will also review tendering process by examining tenders having a value of more than Rs 300 crore of Coal India Limited (CIL), its subsidiaries and other PSUs. The committee has been set up under the chairmanship of Joint Secretary and Financial Advisor comprising of representatives from NTPC, IOCL, PGCIL and Director (T), ECL as member secretary. The objective of the committee is to suggest a robust and efficient set of timelines and whether statutory clearances may be obtained prior to issuing tender.

Note: Coal India accounts for over 80 per cent of domestic coal output. The company is eyeing one billion tonnes of production target by 2023-24.
Additional Information
Minister for Coals and Mines is Pralhad Joshi
About Coal India Limited
It is an Indian government-owned coal mining and refining corporation.
Headquarters: Kolkata, West Bengal
CEO: Pramod Agrawal

Electricity Rules 2021 promulgated for Transmission System Planning; GNA introduced

.The Ministry of Power reviewed the existing transmission planning framework based on long-term access (LTA) which resulted in the promulgation of the Electricity (Transmission System Planning, Development and Recovery of Inter-State Transmission Charges) Rules 2021 on October 3, 2021.

ii.These rules saw the introduction of General Network Access (GNA) which will ease the power generating companies to get an easier access to the electricity transmission network across the country or inter-state.
iii.Also, for the first time, these rules have enabled that the transmission capacity can be sold, shared or purchased by the states and generators as per their requirements.
About Ministry of Power:
Union Minister– Raj Kumar Singh (Constituency- Arrah, Bihar)
Minister of State (MoS)– Krishan Pal Gurjar (Constituency- Faridabad, Haryana)

8th Edition of India- Sri Lanka Military Exercise Mitra Shakti – 2021 Held in Sri Lanka

The 8th Edition of India-Sri Lanka bilateral joint Military Exercise ‘Mitra Shakti – 2021’ was scheduled to be conducted at Combat Training School, Ampara, Sri Lanka from October 4 to 15, 2021. The duration of the exercise was about 12 days.

Objective: To promote close relations between armies of both countries and enhance inter-operability and sharing best practices in counter-insurgency and counter-terrorism operations. An all-arms contingent of 120 personnel of the Indian Army is participating in the military Mitra Shakti is a military exercise that will be conducted every year between armies of India and Sri Lanka. The exercise doesn’t take place in 2020 due to the COVID-19.
About Sri Lanka:
Capital – Colombo, Sri Jayawardenepura Kotte
President – Gotabaya Rajapaksa
Currency – Sri Lankan Rupee

Economy

SBI and Indian Navy Launched NAV-eCash Card

Indian Navy and State Bank of India (SBI) launched SBI’s NAV-eCash Card onboard India’s largest Naval Aircraft Carrier INS (Indian Naval Ship) Vikramaditya. C S Setty, Managing Director (Retail & Digital Banking), SBI and Vice Admiral R Harikumar, Flag Officer Commanding-in-Chief, Western Naval Command have participated in the launch.

Difficulty: The infrastructure at naval ships inhibits traditional payment solutions as there will be no connection in the high seas.

The NAV-eCash card has dual-chip technology that will facilitate both online and offline transactions. It will overcome the difficulties faced by navy personnel onboard in handling physical cash during deployment of the ship at high seas. SBI also plans to introduce the same card in other naval ships and various defence establishments for creating a secured, convenient and sustainable payment ecosystem.

About State Bank of India (SBI):
Establishment – 1st July 1955
Headquarters – Mumbai, Maharashtra
Chairman – Dinesh Kumar Khara
Tagline – The Banker to Every Indian

World Bank Approved – US$150 Million Program for Tamil Nadu, US$40 Million Project for Meghalaya

The World Bank (WB) Board of Executive Directors has approved a US$ 150 million (~ Rs 1,112 crore) program titled ‘Chennai City Partnership: Sustainable Urban Services Program’ to support Tamil Nadu‘s vision of making Chennai into a world-class city that is more green, livable, and resilient to climate change. The program will improve the quality of 4 key urban services such as water supply and sewerage, mobility, health, and solid waste management. The Chennai Metropolitan city, which is being India’s 4th most populous metropolitan area is home to around 10.9 million people.

WB Approved US$ 40 million Project for Meghalaya
WB also approved a US$ 40 million (around Rs 296 crore) project titled ‘Meghalaya Health Systems Strengthening Project’ to improve the quality of health services in Meghalaya and strengthen the state’s capacity to handle health emergencies, including the COVID-19. All 11 districts of the state will benefit from the project and it will enable women to better utilize healthcare services at the community level. The Under-5 mortality in Meghalaya in FY20 was about 40 deaths per 1,000 live births and Stunting among under-5 was about 47 percent. Non-communicable diseases (including hypertension, diabetes, heart disease, and cancer) account for more than half of the disease burden in the state.

About Tamil Nadu:
Governor – R.N. Ravi
Wildlife Sanctuary – Vallanadu Black Buck Sanctuary, Grizzled Giant Squirrel Wildlife Sanctuary, Kanyakumari Wildlife Sanctuary
Zoological Park – Madras Crocodile Bank Trust/Centre for Herpetology
About World Bank:
Establishment – 1944 as The International Bank for Reconstruction and Development
Headquarters – Washington D.C., USA
President – David Malpass
Members – 189

Sports

England's Moeen Ali announces retirement from Test cricket

Moeen Ali who made his Test debut in 2014 has played 64 Tests and picked up 195 wickets and scored five centuries during his test career.

Lewis Hamilton: First F1 driver to win 100 Grands Prix

Lewis Hamilton has become the first ever Formula-one driver who reached to his 100 wins after finishing at first in the Russian Grand Prix on September 26, 2021. Key Points Lewis Hamilton, the seven-time World Champion, overtook the long-time race leader Lando Norris late on. Norris, was aiming for a maiden Grand Prix victory

Miscellaneous

PM Launched JJM Mobile App; Rashtriya Jal Jeevan Kosh

In October 2021, Prime Minister (PM) Narendra Modi virtually launched the Jal Jeevan Mission (JJM) mobile application to create awareness about the mission and to improve the transparency and accountability of schemes under the JJM.
Key Points:
i.PM also launched the Rashtriya Jal Jeevan Kosh, which will facilitate any individual, institution, corporation, or philanthropist, be it in India or abroad, to contribute to providing tap water connection.
ii.The JJM mobile app will contain information about the JJM such as the number of households that received water, quality of water, etc.
iii.In August 2021, as per 15th Finance Commission recommendations Rs 1.42 Lakh Crore was allocated to Panchayat Raj Institutions (PRIs) as a tied grant for water & sanitation from FY22 to FY26.
iv.So far, 5 crore households have been provided with tap water connections. In the aspirational districts, the number of tap connections has increased from 31 lakhs to 1.16 crore.
About Ministry of Jal Shakti:
Union Minister – Gajendra Singh Shekhawat (Constituency – Jodhpur, Rajasthan)
Minister of State – Prahlad Singh Patel (Constituency – Damoh, Madhya Pradesh), Bishweswar Tudu (Mayurbhanj, Odisha)

Amitabh Bachchan Became the Coindcx’s First Brand Ambassador

India’s first crypto unicorn CoinDCX appointed Mr.Amitabh Bachchan as its first Brand Ambassador to increase crypto awareness and to make crypto as an emerging asset class.Amitabh is being an crypto investor himself and also launched his own NFT (non-fungible token) recently.

About CoinDCX
Established in – 2018
Chief Executive Officer and co-founder of CoinDCX – Sumit Gupta
Headquarter – Mumbai,Maharashtra.

David Julius And Ardem Patapoutian Win 2021 Nobel Prize in Medicine

American scientists David Julius and Lebanese-American molecular biologist Ardem Patapoutian won the 2021 Nobel Prize for Physiology or Medicine for their discoveries of receptors for temperature and touch. The discovery explains how heat, cold and mechanical force can initiate the nerve impulses that allow us to perceive and adapt to the world around us. This finding is being used to develop treatments for a wide range of disease conditions, including chronic pain.

David Julius: –
i.David Julius is an American physiologist and a professor at the University of California, San Francisco. He is well known for his work on molecular mechanisms of pain sensation and heat.
ii.He was also the 2010 Shaw Prize recipient in Life Science and Medicine and the 2020 Breakthrough Prize in Life Sciences.
Ardem Patapoutian :-
Ardem Patapoutian is a Lebanese-American molecular biologist and neuroscientist of Armenian descent at Scripps Research in La Jolla, California.
Gist About Noble Prize
Nobel Prizes are conferred to the recipients who have contributed the greatest benefit to humankind in the areas of the fields of Physics, Chemistry, Physiology or Medicine, Literature, and Peace according to the Sir Alfred Nobel’s will of 1895.

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