Current Affairs

24 April, 2022

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National

PM Modi Released Commemorative Coin & Postage Stamp on 400th Birth Anniversary 9th Sikh Guru Tegh Bahadur

Prime Minister(PM) Narendra Modi released a commemorative coin and postage stamp to mark the 400th birth anniversary of 9th Sikh Guru Tegh Bahadur. He also addressed the nation on the occasion of the 400th Parkash Purab celebrations at Red Fort, Delhi and remembered the sacrifice of Guru “Guru Tegh Bahadur” who stood against Aurangzeb’s tyranny to protect the dignity of their culture. He was popularly known as ‘Hind di Chaddar’, Jagat Guru. He was born in Amritsar and breathed his last in Delhi. He was the youngest son of Sri Guru Hargobind Ji. The programme shall be organized by the Ministry of Culture in collaboration with the Delhi Sikh Gurdwara Management Committee (DSGMC).

National Conference on Agriculture-Kharif Campaign – 2022:Govt Sets Foodgrain Production Target at Record 328 Million Tonnes for 2022-23 Crop Year

The Government at the National Conference on Agriculture- Kharif Campaign – 2022, has set the foodgrain production target at a record level of 328 Million Tonnes for the Crop year 2022-23 (July 2022-June 2023). The conference was inaugurated & Chaired by Union Agriculture Minister Narendra Singh Tomar, in order to review the progress of the rabi (winter) season crops and plan for the Kharif (summer) crops, held at National Agricultural Science Complex (NASC), New Delhi.

Targets:
i.The set target is 3.8 percent higher as compared to the previous year’s output (Crop year 2021-22).
ii.Of the total Production target of 328 Million Tonnes – 163.15 million tonnes is set for Kharif season crops and 164.85 million tonnes for the Rabi season crops.
ii.For the Kharif Season, Rice production target has been kept at 112 million tonnes, Maize at 23.10 million tonnes, Pulses at 10.55 million tonnes and Oilseeds at 26.89 million tonnes.
iii.Target for production of pulses and oilseeds have been fixed at 295.5 and 413.4 lakh tonnes in 2022-23.
Stats:
i.As per the second advance estimate of the Agriculture Ministry, foodgrains production is estimated to be a record of 316.06 million tonnes in the ongoing crop year 2021-22 ending June.
ii.As per the official datasheet, India has achieved food grain production of 296 million tonnes (MT) in 2019-20 and is to achieve 300 MT of production during 2020-21.
iii.The production of fruits and vegetables has also grown at an average of 5% per annum during the period 2014-15 to 2019-20.
iv.Mustard Mission implemented for last 2 years enhanced rapeseed & mustard production up by 26% from 91.2 to 114.6 lakh tonnes
v.Oilseeds have followed the same trend and have shown a growth of 42 per cent from 25.25 million tonnes in 2015-16 to 37.15 million tonnes in 2021-22.
vi. As per third advanced estimates, horticulture production during 2020-21 is 3310.5 lakh tonnes which is the highest ever for Indian horticulture.It has increased by 25% from 251.54 in 2015-16.

India’s First Global Ayush Investment and Innovation Summit 2022 Held At Gujarat

Government of India (GoI) & Ministry of AYUSH (Ayurveda, Yoga and Naturopathy, Unani, Siddha and Homeopathy) organised its first Global Ayush Investment and Innovation Summit (GAIIS) – 2022 held at Mahatma Mandir in Gandhinagar, Gujarat from 20 April 2022 to 22 April 2022. The summit witnessed Letter of Intents (LoIs) worth more than Rs 9000 crore. The summit was inaugurated by Prime Minister Narendra Modi.
The event witnessed participation of industry leaders, academicians, and scholars to promote traditional medicines, and systems.
Ministry of Ayush has received LoI from 28 companies to invest Rs. 6000 crores
More than 30 FMCG companies participated in GAIIS and is expected to create around 5.5 lakhs jobs and that will positively impact the lives of more than 76 lakh people.
Aim:
The aim of the summit is to attract “lucrative investments” to build India as the ‘global Ayush destination’ in the world through agreements with international and national institutions The ceremony for the World Health Organisation (WHO) Global Centre for Traditional Medicine will be launched at Jamnagar in Gujarat
About Ministry of Ayurveda, Yoga and Naturopathy, Unani, Siddha and Homoeopathy (AYUSH)
Union Ministry of AYUSH – Sarbananda Sonowal (Rajya Sabha Assam)
Ministry of State – Dr. Munjpara Mahendrabhai Kalubhai (Surendranagar, Gujarat)

APEDA & NRDC inks MoU to Boost Export Value Chain in Agriculture

The Agricultural and Processed Food Products Export Development Authority (APEDA) and National Research Development Corporation (NRDC) inked a Memorandum of Understanding (MoU) mandated to jointly infuse and disseminate technology in the areas of Climate-Resilient Agriculture related to Zero-Carbon emission farming to produce Carbon-free food products for exports.
Signatories:
i.The MoU was signed by Sudhanshu Secretary, APEDA and Commodore (Rtd) Amit Rastogi, Chairman and Managing Director (CMD) of NRDC, in the presence of M. Angamuthu, IAS, Chairman of APEDA, at New Delhi.
About National Research Development Corporation (NRDC):
i.The NRDC was established in 1953, as an enterprise of the Department of Scientific and Industrial Research (DSIR), Ministry of Science and Technology.
ii.The objective is to promote, develop and commercialise the technologies, know-how, inventions, patents and processes emanating from various national R&D institutions / Universities.
Headquarters – New Delhi, Delhi
Chairman and Managing Director (CMD) – Commodore (Rtd) Amit Rastogi
About Agricultural and Processed Food Products Export Development Authority (APEDA):
i.The APEDA was established by the Government of India under the Agricultural and Processed Food Products Export Development Authority Act.
ii.It focuses on a collaborative approach to bring synergy with a number of organisations and institutions having inherent professional and specialised expertise for the development of Agriculture and its export enhancement in consonance with the objectives set under Agri Export Policy (AEP) 2018.
Headquarters – New Delhi, Delhi
Chairman – Dr. M. Angamuthu, IAS

Economy

SIDBI Approves Rs. 600 Crores SCDF to Maharashtra Government

The Small Industries Development Bank of India (SIDBI) has granted the Maharashtra government the first approval under the SIDBI Cluster Development Fund (SCDF) of Rs. 600 crores to meet the growing demand for skilled labour.
It has given an in-principle approval for the amount needed to revive and upgrade several Industrial Training Institutes (ITIs) and polytechnics managed by the Directorate of Vocational Education and Training under the Department of Skills, Employment, Entrepreneurship and Innovation, Maharashtra.
Note: The SCDF was established with the Reserve Bank of India’s assistance to fund hard infrastructure facilities in clusters across India. The fund is intended to help setting up, upgrading and renovating MSME infrastructures in fields other than agriculture.

About Small Industries Development Bank of India (SIDBI):

SIDBI is India’s principal financial institution for promoting, funding, and developing Micro, Small and Medium Enterprises (MSMEs).
Chairman and Managing Director – Sivasubramanian Ramann
Establishment – 1990
Headquarters – Lucknow, Uttar Pradesh

NSE IFSC Ltd to Launch International Sustainability Platform at GIFT IFSC, Gujarat

NSE IFSC Limited, a wholly owned subsidiary of the National Stock Exchange of India Limited (NSE), has announced the launch of an International Sustainability Platform at GIFT IFSC (Gujarat International Finance Tec-City – International Financial Services Centre), Gandhinagar in Gujarat. This will be India’s first ESG (Environmental, Social, and Governance) platform, facilitating the listing and trading of a variety of products such as green bonds. It is expected to get operationalised in the second half of 2022, subject to regulatory approvals.

ECube Investment Advisors, an ESG-focused platform, and Chainflux, a Blockchain products startup, are also engaged with NSE IFSC to make the platform operational.
Note: The GIFT city in Gujarat, which is a special economic zone, is India’s first IFSC. About NSE IFSC Limited (NSE IFSC):

NSE IFSC Limited (NSE International Exchange) established by the Registrar of Companies, Gujarat, is a fully owned subsidiary company of National Stock Exchange of India Limited (NSE).
Chairman & Public Interest Director – Rajiv Mehrishi
Incorporated – November 29, 2016
Headquarters – Gandhinagar, Gujarat

Sports

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Miscellaneous

New vessel ‘Urja Pravaha’ inducted into Indian Coast Guard

The Indian Coast Guard (ICG) Ship Urja Pravaha, an auxiliary barge was launched at Shoft Shipyard in Bharuch, Gujarat, arrived in Kochi, Kerala on April 22, 2022. It will be based in Kochi under the operational command of Coast Guard District Headquarters-4 (Kerala and Mahe), in addition to auxiliary barge Urja Shrota, which was inducted in 2017.
About Urja Pravaha:
i. The Auxiliary Barge Urja Pravaha is 36 meters long and is designed to carry cargo ship Fuel, aviation Fuel and fresh water.
iii.The barge will be deployed at far flung areas in the Maritime Operational area including Exclusive Economic Zone and Lakshadweep/Minicoy islands.

ACC Appoints Economist Suman K Bery as Vice Chairman of NITI Aayog; Succeeds Rajiv Kumar

Appointments Committee of the Cabinet (ACC) appointed Economist Suman K Bery as the Vice-Chairman of NITI Aayog (National Institution for Transforming India).He will take charge on May 1, 20222 & will succeed Rajiv Kumar who will step down on April 30, 2022. The committee also appointed Suman K Bery initially as Full-Time Member, NITI Aayog with immediate effect and up to April 30, 2022. The Appointments Committee of the Cabinet(ACC) has accepted the resignation of Rajiv Kumar with effect from 30th April 2022. Suman K Bery will be the 3rd vice-chairman of the NITI Aayog in less than 8 years.
About National Institution for Transforming India (NITI) Aayog:
The Government of India constituted NITI Aayog in 2015, to replace the Planning Commission, which had been instituted in 1950.
The Governing Council of NITI Aayog is chaired by the Prime Minister of India (Narendra Modi).
CEO– Amitabh Kant
Headquarters– New Delhi, Delhi

Raghav Chadha;Radhika Gupta;Ukrainian Vice PM Mykhailo Fedorov Among WEF’s 2022 Class of Young Global Leader

Aam Aadmi Party(AAP) leader Raghav Chadha, Member of Parliament (Rajya Sabha) from Punjab, Edelweiss Mutual Fund(MF) Chief Executive Officer (CEO) Radhika Gupta and Ukrainian Vice Prime Minister and Minister of Digital Transformation Mykhailo Fedorov are among the World Economic Forum(WEF)’s Young Global Leaders(YGLs) Class of 2022. On 20th April 2022, WEF unveiled the new class of Young Global Leaders (YGLs) – 2022 featuring the world’s most promising 109 Young Global Leaders under the age of 40 involved in activities ranging from green energy to health equity to refugee rights and education reform.
7 Indians featured in YGLs Class of 2022:

Sector
Name

Arts, Culture & Sports Manasi Joshi, Athlete, Sports Authority of India, India
Business Radhika Gupta, Managing Director and Chief Executive Officer, Edelweiss Mutual Fund, India
Ritesh Malik, Founder, Innov8 Coworking, India
Suhail Sameer, Chief Executive Officer, Resilient Innovation Private Limited (BharatPe), India
Vineeta Singh, Chief Executive Officer, SUGAR Cosmetics, India
Public Figure Raghav Chadha, Member of Parliament, State of Punjab, India
Social Entrepreneur Jaideep Bansal, Chief Executive Officer, Global Himalayan Expedition (GHE), India

Forum of Young Global Leaders:
i.The Forum of Young Global Leaders, an initiative of WEF, is a group of remarkable people under the age of 40 from diverse communities and industries across the globe.
ii.The forum of YGLs was created by Klaus Schwab, Founder and Executive Chairman of the WEF in 2004.
iii.The Forum of YGLs has more than 1400 members and alumni of 120 countries.
About World Economic Forum(WEF):
Founder and Executive Chairman– Klaus Schwab
Headquarters– Geneva, Switzerland
Founded– January 1971

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