Current Affairs

22 April, 2022

International

India to provide 2nd $500 million Fuel Aid to Sri Lanka

India will provide an additional $500 million financial assistance to Sri Lanka to buy fuel as the latter is facing worst financial crisis. This will be the second $500 million India has provided in fuel credit to a Sri Lanka Government.
Need behind this Assistance:
Assistance to Sri Lanka by the International Monetary Fund (IMF) will take about six months and it will also come in tranches, so during the intervening period, there is a need of funds to keep Sri Lankan people supplied with essentials.

National

Rajasthan Becomes the First State to Install L-Route Server

Rajasthan has become India’s first state to install an L-Route server to provide uninterrupted internet access. The new facility is installed at the Bhamashah State Data Centre in Rajasthan and is built in collaboration with the Internet Corporation for Assigned Names and Numbers (ICANN). With flawless internet connectivity, the Rajasthan government will be able to provide its flagship digital services and enforce e-governance. It will help to increase the security and resilience of internet-based operations by strengthening the internet infrastructure.
The state government has emphasized the expansion of digital services for the benefit of the general public and increased transparency in government services.

About Rajasthan:

Chief Minister – Ashok Gehlot
Governor – Kalraj Mishra
Heritage City – Jaipur City, Keoladeo National Park

OIL commissioned India’s First Pure Green Hydrogen Plant in Jorhat, Assam

Oil India Limited (OIL), India’s second-largest hydrocarbon explorer and producer, has inaugurated “India’s first 99.999 % pure” Green Hydrogen Pilot Plant in Assam, marking the country’s first significant step toward a green hydrogen economy. The first plant of its sort in India, has an installed capacity of 10 kg hydrogen per day and was commissioned in a record time of 3months at Jorhat pump station in Assam.
Sushil Chandra Mishra, Chairman & Managing Director, inaugurated the plant in the presence of Harish Madhav, Director (Finance) and Prasanta Borkakoty, Resident Chief Executive of OIL.
Significance of Green Hydrogen:
Green hydrogen is a term used to describe hydrogen gas that is produced using renewable energy such as wind or solar power and does not emit greenhouse gases. It can be utilised as a fuel in transportation, power generation, and industrial processes because it does not emit carbon dioxide when burned.

Hydrogen gas combines with oxygen to produce electricity and water vapour, making it a potential clean alternative to fossil fuels in a fuel cell that turns chemical energy into electricity.
About Oil India Limited (OIL):
OIL is a state-owned enterprise of the Government of India, under the administrative control of the Ministry of Petroleum and Natural Gas.
Establishment – 1959
Chairman & Managing Director – Sushil Chandra Mishra

MoUs Signed Between Indian Navy & L&T; IIM-K & NIETT; MoD & AYUSH Ministry

Indian Navy & M/s Larsen and Toubro (L&T); Naval Institute of Educational and Training Technology (NIETT) & Indian Institute of Management Kozhikode (IIM-K);Ministry of Defence (MoD) and Ministry of AYUSH (MoA) has signed Memorandum of Understanding (MoU) – The Indian Navy and M/S Larsen and Toubro (L&T) signed MoU for nurturing and inducting various technological domains into the Indian Navy.
The Naval Institute of Educational and Training Technology (NIETT) and Indian Institute of Management Kozhikode (IIM-K) inks MoU for collaboration and exchange of best practices in the field of instructional leadership, educational psychology, and management.
The Ministry of Defence (MoD) and AYUSH Ministry signed MoU for setting up Ayurveda Centres at 37 Cantonment Hospitals and 12 Military Hospitals of Armed Forces Medical Services (AFMS) at various parts of India.
About Ministry of Defence (MoD):
Union Minister – Rajnath Singh (Lucknow, Uttar Pradesh (UP))
Minister of State(MoS)- Ajay Bhatt (Nainital-Udhamsingh Nagar, Uttarakhand)

Shivamogga Airport To Be Named After BS Yediyurappa: Karnataka Former CM

The Karnataka State Cabinet headed by Chief Minister (CM) Basavaraj Bommai, gave nod to name the under-construction Shivamogga airport after the former CM Bookanakere Siddalingappa Yediyurappa, the proposal will now be sent to the Union Civil Aviation Ministry for further clearance. Shivamogga airport is being constructed at Sogane on the outskirts of Bengaluru. The estimated cost of airport construction is Rs 384 crore.
About Karnataka:
Governor – Thawar Chand Gehlot
WildLife Sanctuary – Talacauvery Wildlife Sanctuary, Thimlapura Wildlife Sanctuary, Yadahalli Chinkara Wildlife Sanctuary
Bird Sanctuary-Adichunchanagiri Peacock Sanctuary, Attiveri Bird Sanctuary, Ghataprabha Bird Sanctuary

Economy

Dhanlaxmi Bank inks MoU with CBDT, CBIC

Dhanlaxmi Bank has signed a Memorandum of Understanding (MoU) with the Central Board of Direct Taxes (CBDT) and Central Board of Indirect Taxes and Customs (CBIC) for collection of Direct Taxes and Indirect Taxes. The Reserve Bank of India (RBI) has authorized the Bank to collect various taxes, based on a recommendation by the Controller General of Accounts.
The MoU was signed in New Delhi by Shivan J. K., Managing Director & CEO of the bank, and Bharati Das, Principal Chief Controller of Accounts, for the CBDT, and Dhruva Kumar Singh, Chief Controller of Accounts, for the CBIC.
About Dhanlaxmi Bank:
MD & CEO – Shivan J.K.
Establishment – 1927
Headquarters – Thrissur, Kerala

RBI allows RCBs to Raise Funds from Preference Shares, Debt Instruments; Banks’ scope widened for opening current, CC/OD accounts

i.The Reserve Bank of India (RBI) allowed Rural Cooperative Banks (RCBs) to raise funds from people in their area of operation or existing shareholders through preference shares and debt instruments w.e.f. April 19, 2022.
ii.RCBs include state co-operative banks and district central co-operative banks.
iii.This step by RBI followed the covering of RCBs under the ambit of the amended Banking Regulation (BR) Act, 1949.
iv.The Reserve Bank of India (RBI) has expanded the scope of exemptions on opening of Current Accounts and Cash Credit (CC)/Overdraft (OD) Accounts by Banks. It has permitted banks to open and operate inter-bank accounts, and accounts of All India Financial Institutions (AIFIs), among others.
About Reserve Bank of India (RBI):
Establishment – 1st April 1935
Headquarters – Mumbai, Maharashtra
Governor – Shaktikanta Das
Deputy Governors – Mahesh Kumar Jain, Michael Debabrata Patra, M. Rajeshwar Rao, T. Rabi Sankar

Sports

West Indies Cricketer Kieron Pollard Announced Retirement from International Cricket

The West Indies cricketer and all-rounder, Kieron Adrian Pollard announced his retirement from his 15 year career in International Cricket. He hails from Tacarigua, Trinidad.
Highlights of his Cricket Career:
i.Pollard, made his One Day International (ODI) debut in 2007 and became the first West Indies player in White-ball cricket to represent 101 Twenty 20 Internationals (T20Is) and 123 ODIs.
ii.He was a key player of the West Indies team which won the International Cricket Council (ICC) T20 Cricket world cup in 2012 and only missed West Indies’ triumph at the 2016 tournament due to injury.
iii.Pollard was appointed as captain for both ODI and T20 teams in 2019, with series wins over Australia and England.
iv.Totally Pollard had scored 2706 runs and took 55 wickets in ODI cricket and 1569 runs at a strike rate of 135.14 in T20Is besides, picking 42 wickets at medium pace.
v.Lastly in March 2021, Pollard became the only third player in the history of the men’s international games to hit six sixes in a single over against Sri Lankas’s Akila Dananjaya, The other two players are Herschelle Gibbs and Yuvraj Singh (Later USA’s Jaskaran Malhotra joins the elite club on September 2021).
Note: Pollard never played Test Cricket.

Miscellaneous

Babita Singh Named As the New ACC-Global Peace Ambassador 2022

Serial Entrepreneur Babita Singh has been named as the Asia Africa Consortium (AAC) – Global Peace Ambassador 2022 for promoting Peace through Education, Sports, Art, Culture & Diplomacy at the India International Conclave 2022, organised in collaboration with AAC, on 16th April 2022 in Shangrila, New Delhi, Delhi.
She was conferred with this honour for her exemplary contribution to her Peacebuilding initiatives via Sports and Culture.
The award was conferred by H.E. Prof Dr Zahid Haque Ambassador At Large to Asian region from the Kingdom of Hawai’i and Secretary General of World Sports Alliance(WSA).
About Babita Singh:
i.Babita is an Indian, born and raised in Nigeria.
ii.She is the most sought Digital strategist & Reputation Expert in Asia & Africa.
iii.She is a global business professional who has been in this business for around 20 years.
iv.Her previous ventures include Hospitality, Sports Management and Cyber Security.
ACC – Global Peace Ambassadors:
i.The Global Peace Ambassadors project is a flagship project of the Asia Africa Consortium (AAC).
ii.This is the highest honour bestowed on a global citizen that fosters Socio-Economic Relations and Sustainable Growth between Asia and Africa encompassing Education, Health and Trade.
About India International Conclave 2022:
The conference was powered in association with On Sky Global, World Sports Alliance United Nations, World Health Organisation supported by CBSE, Primary Plus, George Washington University and Bangladesh Olympic Association.
About Asia Africa Consortium (AAC):
Asia Africa Consortium (AAC) is registered in India as a private, non-stock corporation.
Founder– Dr Varun Gupta
Headquarters– Delhi, India

Eminent Physicist Ajay Kumar Sood Appointed as Principal Scientific Advisor to the GoI

The Appointment Committee of the Cabinet(ACC) has approved the appointment of Eminent Physicist, Padma Shri, Prof. Ajay Kumar Sood (AK Sood) as the Principal Scientific Advisor (PSA) to the Government of India(GoI) for a period of 3 years with effect from the date he assumes charge of the post, or until further orders. He will succeed renowned biologist K Vijay Raghavan, who retired on 2nd April 2022.
Note:
Prior to Vijay Raghavan, nuclear scientist R Chidambaram served as the PSA, and before that, the post was held by former President of India, Dr APJ Abdul Kalam.
About Ajay Kumar Sood (AK Sood):
i.Ajay Kumar Sood, the Honorary Professor of the Department of Physics, Indian Institute of Science(IISc), Bengaluru, is well known for his research findings on Graphene and nanotechnology.
ii.He is also a member of the Prime Minister’s Science, Technology, and Innovation Advisory Council (PM-STIAC).
iii.He was honoured with the Padma Shri in 2013 for science and Engineering.
iv.He holds 7 patents: 2 United States (US) and 5 Indian patents.

Roles of PSA:

Science & Technology (S&T) fundamentals with applied research in collaboration with multiple stakeholders, both in central and state governments
Enabling future preparedness in emerging domains of science and technology
Formulating and coordinating major inter-ministerial S&T missions
Providing an enabling ecosystem for technology-led innovations and techno-entrepreneurship
Driving innovation and technology delivery towards solving socio-economic challenges for sustainable growth
Fostering effective public-private linkages for driving research and innovation
Office of PSA:
i.Cabinet Secretariat established the Office of the Principal Scientific Advisor(PSA) to the GoI in November 1999.
ii.The office of PSA coordinates with several Ministries and advises the government on science and technology policies and interventions that are of strategic socio-economic importance.
iii.PM-STIAC is one of the catalysts for such tasks and also oversees the implementation of the tasks.
iv.It has 9 major missions, Natural Language Translation, Quantum Frontier, Artificial Intelligence, National Biodiversity Mission, Electric Vehicles, Bioscience for Human Health, Waste to Wealth, Deep Ocean Exploration, Accelerating Growth of New India’s Innovations (AGNIi).
v.PSA’s office aims to provide pragmatic and objective advice to the Prime Minister and cabinet.
About Office of the Principal Scientific Adviser(PSA):
Principal Scientific Adviser(PSA)– Ajay Kumar Sood
Headquarters– New Delhi, Delhi

Indian-American Defence Expert Vivek Lall to Receive 6th Entrepreneur Leadership Award 2022

Indian-American Defence Expert, Vivek Lall, Chief executive of General Atomics Global Corporation, has been selected for the ‘Global Leader in Defence and Aviation Sector’ category of the 6th Entrepreneur Leadership Awards 2022 by the Indo-American Chamber of Commerce (IACC). The award recognises his contribution to the defence sector.
He has played a major role in enhancing defence trade in various capacities in Boeing, Lockheed Martin and now General Atomics.

The award will be presented virtually during an awards ceremony on 22nd April 2022, in the presence of Union Civil Aviation Minister Jyotiraditya Madhavrao Scindia (Chief Guest).
IACC, established in 1968, is the apex bi-lateral Chamber synergising India-United States(US) economic engagement.

Rohit Sharma and Jasprit Bumrah Named in Wisden’s ‘Cricketers of the Year’ In 2022 Edition Of The Almanack.

Wisden Cricketers’ Almanack 2022 , a cricket reference book published in the United Kingdom. It is 159th edition of the most famous sports book in the world and published every year since 1864. India captain Rohit Sharma and Indian pacer Jasprit Bumrah along with New Zealand batter Devon Conway, England pacer Ollie Robinson and South African (Proteas) women star Dane van Niekerk have been named as the five players in Wisden’s ‘Cricketers of the Year’ in the 2022 edition of the Almanack. Besides, Pakistan wicketkeeper-batter Mohammad Rizwan has earned the title of leading T20 cricketer in the world.
Leading Cricketer In The world:
i.England’s Joe Root has been named as Leading Cricketer in the world for his exceptional 2021-2022 season.
ii.Lizelle Lee

South Africa’s Lizelle Lee is named as the Leading Woman Cricketer in the World, after scoring more runs in 11 ODIs (632runs) at a higher average (90) than any other player.
About Wisden Cricketers’ Almanack:
Founder John Wisden
Founded – 1864
Named as – “Bible of cricket”

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