Current Affairs

10 September, 2021

International

Piyush Goyal appointed as India’s Sherpa for G20; G20 Health Ministers’ Meeting 2021 held in Rome, Italy

i.Union Minister Piyush Vedprakash Goyal, Ministry of Commerce and Industry was appointed as India’s Sherpa for the G20 (Group of Twenty) by replacing former Union Minister Suresh Prabhu.
ii.India will be part of the G20 Troika (preceding, current, and incoming G20 Presidencies) from December 1, 2021 till November 30, 2024.
iii.On September 5-6, 2021, the G20 Health Ministers’ Meeting 2021 was held under the Italian Presidency in Rome, Lazio (Italy). It was chaired by Roberto Speranza, Italian Minister of Health.
iv.During the meeting, the G20 Health Ministers, including India, have pledged to improve future health security, increase vaccine confidence and tackle antimicrobial resistance (AMR) while adopting the Health Declaration.
About Group of Twenty (G20):
The 2021 G20 is under the Italian Presidency. It is focusing on three broad, interconnected pillars of action: People, Planet, and Prosperity.
Establishment– 1999
Members– 20 (19 countries + European Union)

Air Chief Marshal Bhadauria attended PACS 2021 in Hawaii

Air Chief Marshal Rakesh Kumar Singh Bhadauria(RKS Bhadauria) attended the Pacific Air Chiefs Symposium(PACS) 2021 held at joint base Pearl Harbor-Hickam, Hawaii from 30th August to 2nd September 2021. The theme of PACS 2021 is “Enduring Cooperation Towards Regional Stability”. PACS 2021 bought together Air Chief from Indo-Pacific countries (including the United States of America(USA) and 11 other countries) to discuss topics ranging from regional security, air domain awareness to cooperation on humanitarian assistance and disaster relief operations.

National

IIT Bombay signs MoU with IIA to extend collaboration on “GROWTH – India Telescope” for 5-years

Indian Institute of Technology (IIT) Bombay virtually signed a Memorandum of Understanding (MoU) with the Indian Institute of Astrophysics (IIA), for extending the research collaboration on “GROWTH – India Telescope”, for a period of 5-years.

i.In 2018, IIA & IIT Bombay jointly set-up the ‘GROWTH-India Telescope’, which is India’s 1st fully-robotic Optical Telescope.
About IIT Bombay:
Director – Subhasis Chaudhuri
Established in 1958 with technical expertise from USSR
Location – Mumbai, Maharashtra
About Indian Institute of Astrophysics (IIA):
Director – Annapurni Subramaniam
Location – Bangalore, Karnataka

Govt constitutes a Committee to frame New Law for Drugs, Cosmetics and Medical devices

The Ministry of Health and Family Welfare(MoHFW) has constituted an 8 member panel to frame new laws for drugs, cosmetics and medical devices. It is chaired by V. G Somani, Drugs Controller General of India(DCGI).

Order Titled- ‘Constitution of Committee for Framing of New Drugs, Cosmetics and Medical Devices Act’.
The members-
Rajiv Wadhawan (director, Ministry of Health and Family Welfare), Dr. S.E. Reddy (member) A.K. Pradhan (joint drug controller), drugs controllers of Haryana, Gujarat, Maharashtra and IAS officer NL Meena. The committee is allowed to co-opt members if it requires.
Highlights: The import, manufacture, distribution and sale of drugs , cosmetics and medical devices is being regulated under the Drugs and Cosmetics Act, 1940. It was amended in 2008. The committee will re-examine the current act and submit a draft document for a de-novo Drugs, Cosmetics and Medical Devices Bill by November 30, 2021. It will involve other stakeholders such as manufacturers, scientists, doctors and patient groups would have been beneficial.

Drug Controller General of India (DCGI)
The Drug Controller General of India (DCGI) heads the Central Drugs Standard Control Organization (CDSCO).
i.CDSCO is the central drug authority in India. It is a national level regulatory body under the Ministry of Health and Family Welfare.
ii.The body is responsible for approving licenses for certain categories of drugs.
Headquartered-New Delhi, Delhi

Cabinet Approvals on September 8, 2021

In September 8, 2021, the Union Cabinet chaired by Prime Minister Narendra Modi approved the following proposals which were briefed by Union ministers Piyush Vedprakash Goyal, Ministry of Textiles and Anurag Singh Thakur, Ministry of Youth Affairs and Sports (MoYAS).

i.Cabinet approves Rs 10,683 crore PLI scheme for textiles sector
ii.Cabinet increases Minimum Support Prices (MSP) for Rabi crops for marketing season 2022-23
iii.Cabinet approves procurement of 56 C-295MW transport aircraft for IAF to replace Avro Aircraft
iv.Cabinet approves agreement between India and Portugal for recruitment of Indian citizens
v.Cabinet approves MoU between India’s ICAI and Azerbaijan’s CAAR
vi.Cabinet approves between Russia and India for cooperation in field of geosciences
About Institute of Chartered Accountants of India (ICAI):
It is a statutory body established under the Chartered Accountants Act, 1949 for the regulation of the profession of Chartered Accountants in India.
President– CA. Nihar N Jambusaria
Headquarter– New Delhi
About Russia:
Capital– Moscow
Currency– Russian ruble

‘NSCN – Khaplang’ signs Ceasefire Agreement with Central government

The National Socialist Council of Nagaland – Khaplang (NSCN-K), a militant group led by Niki Sumi, signed the new ceasefire agreement with the Indian government in New Delhi. NSCN-K accepted to adhere to all the existing ceasefire agreement for a period of 1-year till 8th September 2022. The ceasefire agreement is a great step in Naga peace process, thereby making Insurgency-free Nagaland.

Background of Extremist Groups & Political issues in Nagaland:
Demand – Establishing ‘Greater Nagalim’ – a sovereign state that houses all Nagas, and official recognition of Naga National Flag & Naga Yezabo (Constitution). The proposed Greater Nagalim includes parts of Arunachal Pradesh, Manipur, Assam and Myanmar.

About Nagaland:
Nagaland attained statehood in December 1963
Mount Saramati is the highest peak in Nagaland

Economy

Karnataka Bank with Mswipe Technologies Pvt Ltd Launches ‘WisePOSGo’ for MSME customers

Karnataka Bank, collaborating with Mswipe Technologies Private Limited, has launched ‘WisePOSGo’. It’s a Point of Sale(PoS) device that helps in processing of business payments and cashless transactions for merchants of the bank. This is in line with Digital Bank of Future’
Features of ‘WisePOSGo’-
i.The device is equipped with an all-in-one swiping feature. It has the features of contact less payments mobile phone, QR code, pay by link, magstripe and barcode scanner.
ii.It will support 4G, Wifi, Bluetooth and micro-USBs. Calling facility is also available.
iii.The device is designed specifically for bank’s MSME (micro, small and medium enterprises) customers.
iv.By integrating payments with business applications in one single device, small business establishments will be benefitted. The cashless payments will also be promoted.
About Karnataka Bank
Managing Director and Chief Executive Officer-Mahabaleshwara MS
Headquarters – Mangalore, Karnataka
About Mswipe Technologies Pvt Ltd
Chief Executive Officer-Ketan Patel
Headquarters – Mumbai, Maharashtra

Bank of Baroda Launched ‘Bob World’ a Digital Banking Platform

Bank of Baroda(BoB), owned by the government of India has launched a digital banking platform “Bob World” to offer all banking services on a single platform.
bob World, the revamped Mobile Banking application of BOB, was previously known as M-Connect Plus.
With Bob World, the bank aims to provide an all-inclusive and uninterrupted virtual banking experience with all digital banking services under one platform.
Features of Bob world:
i.More than 220 services, which will cover around 90% of all retail banking services, will be offered through the bob world application.
ii.Bob world will also enable digital account opening with instant virtual debit card issuance, online loan applications with instantaneous disbursal for selected loan products.
BoB Tops Scorecard issued by MeitY:
i.BoB has topped the digital scorecard issued by the Ministry of Electronics and Information Technology (MeitY) for the months of February and March 2021 with a total of 86% marks.
ii.The scorecard ranks 44 banks on various parameters of the digital business.
About Bank of Baroda(BoB):
MD & CEO– Sanjiv Chadha
Tagline– India’s International Bank
Headquarters– Vadodara, Gujarat
Founded on 20th July 1908
Nationalised on 19th July 1969

South Indian Bank launches ‘SIB – OneCard Credit Card’ in partnership with OneCard

After SBM Bank-India (State Bank of Mauritius), now South Indian Bank (SIB) has collaborated with Pune (Maharashtra)-based OneCard to launch an app based ‘SIB – OneCard Credit Card’. It is an internationally valid premium metal card on the Visa Signature platform which can be managed through OneCard App. This collaboration is on the lines of SIB’s vision of digital transformation and to cater India’s young population.

Points to be noted:
i.Recently, SBM-India has partnered with OneCard to launch a mobile-based credit card namely ‘mobile-first’ which will be offered through an app.
ii.OneCard has been launched by FPL Technologies – a fintech start-up which aims to digitally revolutionise credit and payments. OneCard’s Chief Executive Officer (CEO) is Anurag Sinha.

iii.SIB is the first private sector bank in India to open a Currency Chest on behalf of the RBI (Reserve Bank of India) in April 1992. It is also the first private sector bank to open a NRI (Non Resident Indian) branch in November 1992 and to start an Industrial Finance Branch in March 1993.

About South Indian Bank (SIB):
Managing Director & CEO – Murali Ramakrishnan
Headquarter– Thrissur, Kerala
Tagline– Experience Next Generation Banking
Online Assistant– Sona

Sports

Indian T20 World Cup 2021 squad: Ashwin in, Shikhar Dhawan, Chahal out, MS Dhoni to mentor team: Check full Indian squad!

Indian Squad for T20 World Cup 2021: R Ashwin has returned to the Indian squad for T20 World Cup 2021, while few key players including Shikhar Dhawan, who had captained India recently during its ODI & T20 tour of Sri Lanka. Check full Indian squad for T20 World Cup here

Miscellaneous

Cyrus Poncha Elected as VP of the Asian Squash Federation

Dronacharya awardee and India’s National Coach(Squash), Cyrus Poncha, the Secretary-general of Squash Rackets Federation of India(SRFI) was elected as the Vice President(VP) of the Asian Squash Federation(ASF) for a 4-year term. He was elected during the 41st ASF Annual General meeting which was held over a virtual platform. Cyrus Poncha is the 3rd Indian after N Ramachandran, former World Squash President, and Debendranath Sarangi, President of SRFI, to be elected as the Vice President of ASF.

Additional info:
David Mui of Hong Kong was unanimously elected as the President of ASF for a 2nd term.
The other VPs of ASF apart from Cyrus Poncha are Fayez Abdullah S. Al-Mutairi from Kuwait and Tae-sook Heo from Korea.
About Cyrus Poncha:
i.Cyrus Poncha has been serving as the secretary-general of SRFI since 2019.
ii.He was honoured with the Dronacharya award, India’s highest honour for sports coaches in 2015.
iii.He has also won the ASF’s ‘Coach of the Year’ award in 2004, 2009, 2012, 2014, and 2016.

Uttarakhand Governor Baby Rani Maurya resigns

Baby Rani Maurya, 64, Governor of Uttarakhand hand over her resignation to our president President Ram Nath Kovind.She successfully completed her three-year tenure which will be end in 2023. Lieutenant General Gurmit Singh, who retired as the deputy chief of Army was named as new Governor of Uttarakhand. Baby Rani Maurya was appointed as governor of Uttarakhand in the year 2018.She succeeded Krishan Kant Paul. She belongs to the Bharatiya Janata Party. She was the first woman mayor of Agra in Uttar Pradesh.

CAG of India GC Murmu Elected as Chairman of ASOSAI

The Comptroller and Auditor General (CAG) of India, Girish Chandra(GC) Murmu has been elected as the chairman of the assembly of Asian Organization of Supreme Audit Institutions (ASOSAI) for a period of three years from 2024 – 2027. He was elected by the 56th governing board of ASOSAI and approved by the 15th assembly of ASOSAI.

India will host the 16th ASOSAI assembly meeting in 2024.
Roles & Functions of GC Murmu: GC Murmu will preside as the chairman and work as Chief Executive of ASOSAI and represent ASOSAI in its business with global organizations.

Roles & Functions of India:

During the 3 year term as Chair, India will Focus on the areas of environmental audit and sustainable technologies auditing. As India is signatory to the environmental accounting efforts of the United Nations therefore Supreme Audit Institutions (SAI) India will also promote environment assessment practices. SAI India will seek the active participation of members to create processes and structures within ASOSAI to address the challenges faced by SAIs in the region in dealing with big data, with an aim to leverage artificial intelligence, machine learning and collaborative remote access data audits.

About Asian Organization of Supreme Audit Institutions (ASOSAI)
It is the regional group of the International Organisation of Supreme Audit Institutions (INTOSAI).
Objective-To promote understanding and cooperation among member institutions through the exchange of ideas and experiences in the field of public audit.The assembly consists of all members of the organisation and meets once in three years.
Members- 47
Founded –1979

ICRISAT, a Agri Research Organisation Receives Africa Food Prize 2021

2021 Africa Food Prize was issued to a Hyderabad based Agri research organisation International Crops Research Institute for the Semi-Arid Tropics (ICRISAT) for improving food security in sub-Saharan Africa.
i.Tropical Legumes Project was carried out by ICRISAT along with the International Center for Tropical Agriculture (CIAT) and International Institute of Tropical Agriculture (IITA) to develop and deliver the 266 improved legume varieties.
ii.This was almost half a million tonnes of seed for a range of legume crops, including cowpeas, pigeon peas, chickpea, common bean, groundnut, and soybean.
iii.25 million smallholder farmers had been benefitted with these new varieties to become more resilient to climate change, as well as pest and disease outbreaks.
iv.The project has been implemented in Burkina Faso, Ghana, Mali, Niger, Nigeria, Senegal, Ethiopia, Kenya, Malawi, Mozambique, Tanzania, Uganda, and Zimbabwe.
About International Crops Research Institute for the Semi-Arid Tropics (ICRISAT)
Headquarters – Hyderabad,Telangana
Director General – Dr Jacqueline d’Arros Hughes

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