Current Affairs

22 August, 2020

International

The ILO’s “Youth and COVID-19: Impacts on Jobs, Education, Rights and Mental Well-being”: 50% of World’s Youth Are Under Anxiety or Depression

the United Nations(UN)’s International Labour Organization (ILO) published the survey report titled “Youth and COVID-19: Impacts on Jobs, Education, Rights and Mental Well-being” which found that 50% of young people across the world are possibly subject to anxiety or depression and around 17% of them are already affected by it. and 38% of youths do not have a clear idea about the career or future.

India and Israel Signed Cultural Agreement to Strengthen Bilateral Relations to Promote People to People Exchange

India signed a cultural agreement with Israel, which outlines a three year programme of cooperation for 2020 to 2023, to strengthen the strategic bilateral relations through promoting the people to people exchange.
ii.Gabi Ashkenazi, Foreign Minister of Israel and Sanjeev Singla, India’s Ambassador to Israel signed the agreement at the foreign Ministry in Israel.
iii.This is one of a series of agreements which will be followed by the signing of a water agreement by our Ambassador in India.

India Ranked 57th in Digital Quality of Life 2020, Denmark tops: DQL Index 2020 by SurfShark

In accordance with the 2nd edition of global research “Digital Quality of Life (DQL) Index 2020” released by online privacy solutions provider SurfShark, India ranked 57th out of 85 countries in terms of overall category “Digital Quality of Life 2020” with 0.5 index points which has been topped by Denmark with 0.79 points.
ii.The DQL Index 2020 analyzes 85 countries around the world covering 6.3 billion people or 81% of the global population in terms of five core pillars: internet affordability, internet quality, e-infrastructure, e-security, and e-government, and results are premised on 12 different factors.

National

NRDC and NAL Partners to Establish Incubation Centre for Startup in Aerospace Technologies

The National Research Development Corporation (NRDC) under the Department of Scientific and Industrial Research (DSIR) and the Council for Scientific and Industrial Research- National Aerospace Laboratories (CSIR-NAL), partnered to establish an innovation cum incubation center to promote the startup in the field of aerospace technologies.

L&T Hydrocarbon Engineering Signed MoU with NTPC Ltd for CO2 to Methanol Demonstration Plant

L&T Hydrocarbon Engineering (LTHE), a wholly-owned subsidiary of Larsen & Toubro (L&T) has signed a Memorandum of Understanding(MoU) with power utility major NTPC Ltd(formerly known as National Thermal Power Corporation Limited), a Maharatna PSU. ii.As per the MoU LTHE will be the engineering, procurement and construction management partner to build a carbon dioxide (CO2) to methanol demonstration plant in NTPC Power Station.

IIT Roorkee, BIS Sign MoU to Cooperate in Standardisation and Conformity Assessment

Indian Institute of Technology (IIT) Roorkee and Bureau of India Standards (BIS) signed a Memorandum of Understanding (MoU) for collaboration in areas of Standardisation and Conformity Assessment based on equality and reciprocity.

Report of NCRP 2020: Cancer in India may rise from 13.9 Lakh in 2020 to 15.7 lakh in 2025

The Indian Council of Medical Research (ICMR) – National Centre for Disease Informatics & Research (NCDIR), Bengaluru released a new Report of National Cancer Registry Programme 2020.
ii.The report estimates that cancer in India will rise by 25% in 2020 and may rise 12% from the 1392179 cases in 2020 to 1569793 cases in 2025 and tobacco related cancers are estimated to constitute around 27% of all cancers.

NSC, JCI Sign MoU for Supply of Certified Jute Seeds to Farmers in 2021-22

National Seeds Corporation (NSC) and Jute Corporation of India (JCI) signed a Memorandum of Understanding (MoU) to improve the production and productivity of raw Jute in the country.
ii.The MoU was signed virtually in the presence of Union Minister for Agriculture & Farmers Welfare, Narendra Singh Tomar and Union Minister for Textiles, Smriti Zubin Irani.

Economy

Unitus Ventures Received Rs 75 Crore from SIDBI; will Strengthen the Deployment of its Fund II

Unitus Ventures has received an investment of Rs 75 crore (USD 10 million) under Small Industries Development Bank of India (SIDBI)’s Fund of Funds for Start-ups initiative enabled by the Government of India.
ii.The fund will strengthen the deployment of its second Rs 300 crore fund, which was launched in 2018.

Lakshmi Vilas Bank Launched ‘LAKSHMI digiGO’, a Contactless Online Instant Savings Account Opening Facility

Lakshmi Vilas Bank(LVB) has launched ‘LAKSHMI digiGO’, a contactless digital initiative that will enable customers to open a savings account instantly. This initiative will help people to avail the most required banking services instantly through the website on account of COVID-19 pandemic.

NPCI Launched its Subsidiary Firm, ‘NPCI International Payments Limited’; Appointed Ritesh Shukla as its CEO

The National Payments Corporation of India (NPCI) has launched a wholly-owned subsidiary, NPCI International Payments Limited (NIPL) to internationalize (or export to foreign markets) NPCI’s indigenously developed offerings and technological acumen, i.e. real-time payment system, Unified Payments Interface (UPI) and card payment network, RuPay along with a few more offerings of NPCI.

Sports

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Miscellaneous

First Rockets Produced by Private Sector Successfully Test Fired: Economic Explosives Ltd (EEL)

In a major boost for Make in India, the first ever Pinaka rockets fully manufactured by the private sector company “Economic Explosives Ltd (EEL)” have been successfully test fired by the army at a firing range in Pokhran, Rajasthan. Six Pinaka rockets were test fired as part of the final developmental trials and are the first munition of its kind made by the private sector in India.

Francisco Asue is Reappointed as the Prime Minister of Equatorial Guinea

Francisco Pascual Eyegue Obama Asue was reappointed as the Prime Minister of the Republic of Equatorial Guinea and He was sworn in at the People’s Palace in Malabo before President Teodoro Obiang on 18th August 2020.

On 14th August 2020, The Asue government tendered the resignation to President Teodoro Obiang, following the criticism of the president.
The government was dissolved to resolve the economic situation.

Keith Rowley Becomes Prime Minister of Trinidad and Tobago for a 2nd Consecutive Term

Keith Rowley(Full name- Keith Christopher Rowley) sworn in as Prime Minister of the Republic of Trinidad and Tobago for a 2nd consecutive 5 year term at the President’s House, following victory in general elections held on August 10, 2020. In addition to him, his new cabinet ministers were also sworn in. He is from the ruling People’s National Movement (PNM).

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