Current Affairs

10 January, 2021

International

India set to head 3 Important Committees of UNSCPermanent Representative of India to United Nations (UN) TS Tirumurt

i.Announced that India will head 3 Important Committees of United Nations Security Council (UNSC) – Counter-Terrorism Committee (for 2022), Taliban Sanctions Committee (also called the 1988 Sanctions Committee) & Libya Sanctions Committee.
i.India began its 8th Term as a non-permanent member of the UNSC for 2 years(2021-2022). Mexico, Kenya, Norway & Ireland also joined India as non-permanent members.
Counterterrorism Committee:
i.India will chair the Committee in 2022 which will coincide with the 75th Anniversary of India’s Independence.
ii.The main function of the committee is to prevent terrorist acts within their borders & across the regions.
Taliban Sanctions Committee:
Also known as 1988 Sanctions Committeefocuses on the presence of terrorists & their sponsors in the region of Afghanistan.
Libya Sanctions Committee:
This committee focuses on implementation of sanctions regime, two-way arms embargo on Libya, Asset freeze, travel ban, measures on illicit export of Petroleum.
About United Nations Security Council (UNSC):
Established in 1945
Headquarters – New York, United States of America
Security Council President (for January 2021) – Tunisia

National

IREDA signs MoU with NHPC Ltd to develop Renewable Energy Projects

Indian Renewable Energy Development Agency Ltd (IREDA)virtually signed a Memorandum of Understanding (MoU) with NHPC Limited (formerly known as National Hydroelectric Power Corporation), to provide itstechnical expertise for developing renewable energy projects for the next 5 years.
i.As part of the Agreement, IREDA will undertake Techno-Financial due diligence (identification of suitable technology for particular project sites) of Renewable energy and Energy Efficiency & conservation projects for NHPC.
ii.The MoU will facilitate knowledge & technology transfer between the two countries.
iii.It will also provide consultancy & research services which will contribute to the sustainable development of the country.
About Indian Renewable Energy Development Agency Limited (IREDA):
Chairman & Managing Director (CMD) – Pradip Kumar Das
Headquarters – New Delhi
About NHPC Ltd:
CMD – Abhay Kumar Singh
Headquarters – Faridabad, Haryana

Government Promulgates J&K Reorganisation (Amendment) Ordinance 2021 to merge J&K Cadre Officers with AGMUT

Government of India promulgated an Jammu and Kashmir Reorganisation (Amendment) Ordinance 2021 by amending the J&K Reorganisation Act, 2019 to merge the Jammu & Kashmir (J&K) cadre of All India Services Officers like IAS, IPS & Indian Forest Service (IFoS) with the Arunachal Pradesh, Goa, Mizoram Union Territory (AGMUT) cadre.
i.With this, officers from the Union Territories & above mentioned States can now be placed in J&K and vice versa.
ii.The ordinance was signed by President Ram Nath Kovind amended section 13 & 88 of theJammu and Kashmir Reorganisation Act 2019, it was issued by the Ministry of Law & Justice.
iii.Section 88 of the J&K Reorganisation Act, 2019 amended.The amendment states that The members of the IAS, IPS and IFS for the existing cadre of J&K shall be borne and become part of the Arunachal Pradesh, Goa, Mizoram Union Territory cadre and all future allocations of All India Services officers for the Union Territory of J&K and the UT of Ladakh shall be made to AGMUT cadres for which necessary modifications may be made in corresponding cadre allocation rules by the Central government.
iv.The Ordinance also amended Section 13 of the J&K Reorganisation Act, 2019 by inserting the words “or any other article containing reference to elected members of the legislative Assembly of the State”.
About Ministry of Home Affairs:
Union Minister – Amit Shah
Minister of State – Nityanand Rai, G. Kishan Reddy

Flipkart signs MoU with LSC to set up Centre of Excellence in Logistics Skill

i.Flipkart has signed a memorandum of understanding (MoU) with the Logistics Skill Sector Council (LSC). It is LSC’s first-of-its-kind industry partnership with Flipkart to set up the industry-first Centre of Excellence(CoE) in Bengaluru, Karnataka.
ii.LSC is an organisation set up by the Ministry of Skill Development and Entrepreneurship (MSDE) through National Skill Development Corporation of India (NSDC) and Karnataka Skill Development Centre (KSDC).
iii.It should be noted that Flipkart had partnered with LSC in 2019 to provide training to its supply chain employees. With setting up of CoE, the company is enhancing its partnership.
About Logistics Skill Sector Council (LSC):
Chairman– Capt TS Ramanujam
Headquarter– Chennai, Tamil Nadu
About Flipkart:
Chief Executive Officer (CEO)– Kalyan Krishnamurthy
Headquarter– Bengaluru, Karnataka

National Board of Wildlife Approved Advisory for Human-Wildlife Conflict Management

i.The Standing Committee of National Board of Wildlife (SC-NBWL) in its 60th meeting has approved the advisory for management of Human-Wildlife Conflict (HWC) in the country to expedite effective inter-departmental coordinated actions.
ii.The advisory envisages empowering gram panchayats in dealing with the problematic wild animals as per the section 11 (1) (b) of WildLife (Protection) Act, 1972.
iii.It advised to utilize Pradhan Mantri Fasal Bima Yojna for crop compensation against crop damage due to HWC.
About National Board for Wildlife (NBWL):
It is constituted by the Central Government under Section 5 A of the Wildlife (Protection) Act, 1972 (WLPA). It is chaired by Prime Minister (Current- Narendra Modi)

Economy

i.Punjab National Bank (PNB)partnered with Indian Institute of Technology (IIT) Kanpur and Foundation for Innovation & Research in Science & Technology (FIRST) to jointly set up ‘Fintech Innovation Centre (FIC)’, the Punjab National Bank – IIT Kanpur Innovation Centre at the IIT Kanpur campus. ii.In this regard an MoU was signed at Dwarka, New Delhi in presence of top officials from the PNB, IIT Kanpur and FIRST. iii.Agyey Kumar Azad, Sanjay Kumar, Executive Directors of PNB and CH SS Mallikarjuna Rao , Managing Director(MD) & Chief Executive Officer(CEO) of PNB exchanged MoU with the Dean IIT Kanpur Prof Amitabh Bandopadhyaya About Punjab National Bank (PNB): i.The United Bank of India(UBI) and Oriental Bank of Commerce(OBC) has been merged with PNB with effect from April 1, 2020. ii.PNB with this merger becomes the 2nd largest nationalized bank of India, in terms of business and branch network. Founded– May 19, 1894 Commenced Operations– April 12, 1895 Tagline– The name you can bank upon MD & CEO– CH S.S. Mallikarjuna Rao Headquarters– New Delhi, India About Indian Institute of Technology (IIT), Kanpur: Director– Prof. Abhay Karandikar HeadQuarters– Kalyanpur, Kanpur

i.The National Statistical Office (NSO), Ministry of Statistics and Programme Implementation (MoSPI) released the First Advance Estimates of National Income at both Constant (2011-12) and Current Prices, for FY 2020-21.
ii.It should be noted that there is a sharp revision of estimates due to restrictions imposed from 25 March, 2020 amid COVId-19. Though these were gradually lifted there but have impacted the economic activities as well as the data collection mechanisms.
iii.Real Gross Domestic Product (GDP) or GDP at Constant Prices (2011-12) in the year 2020-21 is projected at Rs 134.40 lakh crore, as against the Provisional Estimate of GDP for the year 2019-20 of Rs 145.66 lakh crore, released on 31st May 2020.
About Ministry of Statistics and Programme Implementation (MoSPI):
Minister of State (MoS), Independent Charge – Rao Inderjit Singh

PNB Collaborates with IIT Kanpur & FIRST to Set up Fintech Innovation Centre at IIT Kanpur Campus

i.Punjab National Bank (PNB)partnered with Indian Institute of Technology (IIT) Kanpur and Foundation for Innovation & Research in Science & Technology (FIRST) to jointly set up ‘Fintech Innovation Centre (FIC)’, the Punjab National Bank – IIT Kanpur Innovation Centre at the IIT Kanpur campus.
ii.In this regard an MoU was signed at Dwarka, New Delhi in presence of top officials from the PNB, IIT Kanpur and FIRST.
iii.Agyey Kumar Azad, Sanjay Kumar, Executive Directors of PNB and CH SS Mallikarjuna Rao , Managing Director(MD) & Chief Executive Officer(CEO) of PNB exchanged MoU with the Dean IIT Kanpur Prof Amitabh Bandopadhyaya
About Punjab National Bank (PNB):
i.The United Bank of India(UBI) and Oriental Bank of Commerce(OBC) has been merged with PNB with effect from April 1, 2020.
ii.PNB with this merger becomes the 2nd largest nationalized bank of India, in terms of business and branch network.
Founded– May 19, 1894
Commenced Operations– April 12, 1895
Tagline– The name you can bank upon
MD & CEO– CH S.S. Mallikarjuna Rao
Headquarters– New Delhi, India
About Indian Institute of Technology (IIT), Kanpur:
Director– Prof. Abhay Karandikar
HeadQuarters– Kalyanpur, Kanpur

Sports

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Miscellaneous

Overview of ISRO’s Plan for the Decade 2021-30Sivan,

Secretary of Department of Space (DoS) & Chairman of Indian Space Research Organisation (ISRO) has chalked out the plan for the Decade 2021-30. It has listed both Short-term vision & Long-term visions.The plan envisions the development of heavy lift rockets, reusable satellite launch vehicles & semi-cryogenic engines.
Short Term vision:
i.In the short term, ISRO has plans to execute diverse missions which are First Developmental Flight of the Small Satellite Launch Vehicle (SSLV) planned to be launched in March, 2021. Operational Geo-Imaging capability expected to be launched in 2021. Chandrayaan-3 – Third Lunar Mission of ISRO expected to be launched by late 2021 or early 2022.
About Indian Space Research Organisation (ISRO):
Chairman – K. Sivan
Headquarters – Bengaluru, Karnataka

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