Current Affairs

15 October, 2021

International

PM Narendra Modi Participated in Virtual G20 Extraordinary Leaders’ Meeting 2021 on Afghanistan

Prime Minister (PM) Narendra Modi virtually participated in the ‘G20 Extraordinary Leaders’ Meeting on Afghanistan’, which has been organised to discuss the situation in Afghanistan. The meeting was convened by Italy (as it is currently holding the G2O Presidency) and chaired by Italian PM Mario Draghi.

About G20:
i.The G20 is the international forum established in 1999 to bring together the world’s major economies. Its members account for more than 80 percent of world GDP, 75 percent of global trade and 60 percent of the global population.
ii.The G20 does not have a permanent secretariat, whereas its activities are established by the rotating Presidencies.
iii.G20 members: Argentina, Australia, Brazil, Canada, China, France, Germany, Japan, India, Indonesia, Italy, Mexico, Russia, South Africa, Saudi Arabia, South Korea, Turkey, the United Kingdom, the United States, and the European Union. Spain is also invited as a permanent guest.

EY’s Renewable Energy Country Attractiveness Index 2021: India Retained 3rd Rank, US Tops

India has retained its 3rd rank in the 58th edition of Ernst & Young Global Limited’s (EY) ‘Renewable Energy Country Attractiveness Index 2021’ (RECAI). RECAI is a biannual report being released since 2003. Under which, EY ranks the world’s Top 40 countries based on the attractiveness of their renewable energy investment and deployment opportunities.

Top 5 ranking of RECAI:

Rank Country Index Score
1 United States 72.8
2 China Mainland 70.7
3 India 70.2
4 France
(Rank improved from 5 in

the 57th edition)

67.4
5 United Kingdom
(Rank deteriorated from 4)

67.3
Corporate PPA Index 2021: Corporate Power Purchase Agreement (PPA) Index was newly included in the current edition of RECAI, in which India ranked 6th among the top 30 PPA markets.
About Ernst & Young Global Limited (EY):
Headquarters – London, United Kingdom (UK)
Global Chairman & CEO – Carmine Di Sibio

WHO releases 1st Ever Global Roadmap to Defeat Meningitis by 2030

The World Health Organization (WHO) along with its partners (including UNICEF, PATH, the Gates Foundation) have launched the 1st ever Global strategy to defeat “Meningitis”- a disease that kills hundreds of thousands of people each year.
i.The strategy “Global Roadmap to Defeat Meningitis by 2030” was launched by WHO Director-General, Dr Tedros Adhanom Ghebreyesus, during a meeting in Geneva, Switzerland.
What is Meningitis?

Meningitis is an inflammatory disease that affects the membranes that surrounds the Brain & Spinal cord.

It can be caused by either Bacteria or by Viruses, while the one caused by Bacteria is the most serious one leading to around 250,000 deaths a year.

WHO Target – As per the current roadmap, WHO & its partners target to eliminate the Bacterial Meningitis by 2030 & reduce the overall deaths by 70%.
WHO & partners, decided on collaborative research towards vaccines for Meningitis & provide proper guidance to countries to eliminate the disease.
Meningitis as an epidemic is spread across the world, yet most prevalent in the 26 Sub-Saharan African Countries.
About World Health Organization (WHO):
Founded – 7 April 1948
Director General – Dr Tedros Adhanom Ghebreyesus
Headquarter – Geneva, Switzerland

National

CRISP-M Tool for Mahatma Gandhi NREG Scheme Launched; Climate Resilient Program Started in 7 States

Union Minister of Rural Development & Panchayati Raj Shri Giriraj Singh virtually launched Climate Resilience Information System and Planning (CRISP-M) tool for integration of climate information in Geographic Information System (GIS) based watershed planning under Mahatma Gandhi NREGA Scheme (MGNREGS). Giriraj Singh launched this service along with Lord Tariq Ahmad, Minister of State for South Asia and the Commonwealth in the UK Foreign, Commonwealth and Development Office. This tool will be implemented in seven districts of states such as Bihar, Jharkhand, Uttar Pradesh, Madhya Pradesh, Chhattisgarh, Odisha and Rajasthan. Th Foreign Commonwealth and Development Office (FCDO), Government of UK and Ministry of Rural Development, Government of India are jointly working towards climate resilience.

Mahatma Gandhi NREGA & Mahatma Gandhi NREGS
Mahatma Gandhi National Rural Employment Guarantee Act (Mahatma Gandhi NREGA) is the foundation for the Mahatma Gandhi National Rural Employment Guarantee Scheme (Mahatma Gandhi NREGS) and provides guaranteed employment. Central Government has powers to make rules and to amend Mahatma Gandhi NREGA. State Governments have powers to make rules and amend the concerned State scheme.

PM launched Rs 100 Lakh cr Gati Shakti- National Master Plan for Infrastructure Development from New Delhi

i.The Central government is undertaking efforts for the Next Generation Infrastructure to improve ease of living as well as ease of doing business. On these lines, the Prime Minister (PM) of India, Narendra Damodardas Modi had announced ‘PM GatiShakti – National Master Plan for Multi-Modal Connectivity’ in his Independence Day speech on August 15, 2021.
ii.Following this, on October 13 2021, GatiShakti, a Rs. 100 lakh-crore project was officially launched by the Indian PM during an event at Pragati Maidan, New Delhi.
iii.Gati Shakti is a digital platform collaborating 16 Central Ministries and Departments for integrated planning and coordination to implement infrastructure connectivity projects of more than 1,200 industrial clusters.
iv.In line with PM Gati Shakti, Mumbai Port Trust is undertaking a number of projects promoting multimodal connectivity which is premised upon two pillars, namely cargo-related projects and Sea Tourism.
About Ministry of Commerce and Industry:
Piyush Goyal Constituency– Maharashtra
Minister of State– Som Parkash (Constituency- Hoshiarpur, Punjab); Anupriya Patel (Constituency- Mirzapur,Uttar Pradesh)

Economy

PhonePe Tie-up with NBBL Launched Recurring Payment Link – ClickPay

The digital payment platform PhonePe has partnered with National Payments Corporation of India’s (NPCI) Bharat BillPay Ltd (NBBL) and launched a unique payment link named ‘ClickPay’ to enable customers to make recurring online bill payments.
Features of ClickPay:
i.Two-step process: The recurring payment link which will be sent by the biller (on clicking the link) will lead the customer directly to the payment page for paying the bill amount instantly.
ii.This feature will facilitate the customers as it will overcome the need for remembering the unique identifiers and account details associated with making bill payments.
iii.It will also reduce the errors that are occurring due to manual inputs during bill payments.
iv.Using PhonePe the users could send and receive money, recharge mobile, data cards, pay at stores, make utility payments, make investments, buy gold, etc.
Note – In April 2021, the National Payments Corporation of India (NPCI) formed its wholly-owned subsidiary NBBL to offer recurring payment services and transferred all its Bharat Bill Payment System (BBPS) transaction mandates to it. Click here to know more
About PhonePe:
It was acquired by Flipkart acquires in 2016
Establishment – 2015
Headquarters – Bengaluru, Karnataka
CEO – Sameer Nigam

PayPal signs MoU with IIFT to launch India Digital Trade Facilitation Forum

digital payments firm PayPal signed a Memorandum of Understanding (MoU) with the Indian Institute of Foreign Trade (IIFT) to increase the knowledge base of Indian micro, small & medium enterprises (MSMEs). It will be done through the launch of India Digital Trade Facilitation Forum (IDTFF) for MSMEs.

What will IDTFF do?
i.IDTFF will educate, guide, and raise awareness amongst MSMEs about marketing, scaling, digitalization and exports through masterclasses. This will help them to expand their consumer base and reach a global audience.

ii.Virtual webinars will also be hosted with industry experts, traders and policymakers on ongoing challenges.
About PayPal:
President and CEO– Dan Schulman
Headquarters– California, United States

Sports

‘Our Goal for All’ – Tagline for 2022 AFC Women’s Asian Cup Unveiled

Asian Football Confederation (AFC) and the Local Organising Committee (LOC) unveiled ‘Our Goal for All’ as the official tagline for the AFC Women’s Asian Cup India 2022.
Highlights
i.’Our Goal for All’ implies the unity and collective effort of the Asian football members to create a glorious future for women’s football.
ii.The AFC Women’s Asian Cup India 2022 will take place in three Indian cities of Maharashtra – Navi Mumbai, Mumbai and Pune– from January 20 to February 6 in 2022.
iii.Top 12 football teams from Asia will participate in the cup which include reigning champions Japan, 2018 runners-up Australia, third-placed China PR and hosts India. They will be joined by Indonesia, the Islamic Republic of Iran, Korea Republic, Philippines, Thailand , Vietnam and others.
About Asian Football Confederation (AFC)
President– Shaikh Salman bin Ebrahim Al Khalifa
Founded- 1954
Headquarters- Kuala Lumpur, Malaysia

Divya Deshmukh becomes India’s 21st Woman Grand Master

Divya Deshmukh, a 15-year-old from Nagpur, Maharashtra became the 21st Woman Grand Master (WGM) of India after qualifying in the 3rd WGM norm. She attained this feet during the “First Saturday Grand Master(GM)” in Budapest, Hungary.
i.During the tournament, she also qualified for the 2nd norms of International Masters (IM), now there is only one norm ahead for her to qualify as an IM.
Note – Subbaraman Vijayalakshmi was India’s 1st Women Grandmaster, while Viswanathan Anand became India’s 1st Grandmaster in 1988.
ii.Divya Deshmukh scored 5 points from 9 rounds during the tournament to secure the 3rd & final WGM-norm.
iii.In September 2021, R Raja Rithvik became the 70th Grandmaster of India.
About All India Chess Federation (AICF):
Founded – 1951
President – Sanjay Kapoor
Headquarters – Chennai, Tamil Nadu

Miscellaneous

Indian Bank and Fisdom Joined Hands for Digital Wealth Management Products

Indian Bank made a tie up with a fintech company Fisdom for its mobile banking app to manage the new digital wealth management products. Fisdom offers financial products, such as mutual funds, insurance and National Pension Scheme (NPS) on its platform. Indian Bank is the seventh-largest public sector bank in India, following the merger with Allahabad Bank.This partnership makes the customers to invest in pension funds and digital gold and even file income tax returns online.

IOB Joined with TN Govt’s IFHRMS
Indian Overseas Bank is now integrated with TN Govt’s IFHRMS (Integrated Finance Human Resource Management System) portal designed for collection of all treasury receipts.With this ,Indian Overseas Bank is now authorized to collect all the receipts of Tamil Nadu Government under IFHRMS portal through both offline and online. IFHRMS portal is developed to improve operational efficiency by integrating Human Resources and Financial services. Indian Overseas Bank has also joined Pension Fund Regulatory and Development Authority (PFRDA) in promoting pension and retirement planning.

James Sangma of Meghalaya Won 2021 PETA India Award for ‘Vegan Leather’ Initiative

of PETA (People for the Ethical Treatment of Animals) India 2021 for his Vegan Leather initiative. He started an initiative to make ‘Vegan Leather’ from Pineapples in the northeastern states of India.
About Vegan Leather
Vegan leather is a material that mimics leather, but is created from artificial or plant products instead of animal skins. It is most often made from two different plastic polymers; polyurethane (PU) and polyvinyl chloride (PVC) – they are commonly used due to their wrinkled texture which helps to give the effect of real leather.
About Pineapple leather
Pineapple leather is a non-woven textile material, but it is not made from animal skin. It is also called Pinatex, made from a combination of natural fibers from the pineapple leaf, and plastic and resin.
About PETA (People for the Ethical Treatment of Animals)
Founded: 1980
Headquarters: Norfolk, Virginia, United States
President – Ingrid Newkirk

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