Current Affairs

24 January, 2022

International

Union Minister Bhupender Yadav attended 4th Asia Ministerial Conference on Tiger Conservation

The 4th Asia Ministerial Conference (AMC) on tiger conservation held in hybrid mode which was organized by the Government of Malaysia and coordinated by the Global Tiger Forum (GTF). India was represented by Union Minister Bhupender Yadav, Ministry for Environment, Forest and Climate Change (MoEFCC). The AMC adopted the Kuala Lumpur Joint Statement which listed 14 commitments.

Highlights of WEF’s Virtual Davos Agenda Summit 2022

The World Economic Forum’s (WEF) five-day online Davos Agenda summit 2022 was held from 17 to 21 January 2022. The summit is being convened on the theme of ‘The State of the World’. The WEF has stated ‘Davos Agenda 2022’ to be the 1st global platform for key world leaders to share their visions for 2022.

About World Economic Forum (WEF):
Establishment – 1971
Headquarters – Cologny, Geneva, Switzerland
Founder and Executive Chairman – Klaus Schwab

G20 People’s Climate Vote 2021 Report: 67% of India’s Youth consider Climate Change as Global emergency

The United Nations Development Programme (UNDP) and University of Oxford has released the ‘G20 People’s Climate Vote 2021 report’, which reveals that in India around 67 percent of the young population under the age of 18 years considers climate change a global emergency, compared to about 58 percent adults.

From India, a sample size of 34,749 adults and 31,390 under 18 years was taken for the G20 People’s Climate Vote 2021 Report by the UNDP and the Oxford University. UNDP India announced their partnership with the leading content creator and actress Prajakta Koli, and appointed her as UNDP India’s 1st Youth Climate Champion.

About United Nations Development Programme (UNDP):
Establishment – 1966 (by General assembly of United Nations)
Headquarters – New York, United States (US)
Administrator – Achim Steiner

National

Department of Food & Public Distribution Develops Roadmap for OSM

India’s Department of Food and Public Distribution (DoF&PD) under the Ministry of Consumer Affairs, Food and Public Distribution with its principal agency, Food Corporation of India (FCI) has developed a roadmap for the development of Online Storage Management (OSM). The Roadmap was presented in the meeting under the Chairmanship of Secretary (Food) and attended by Food Secretaries of all Decentralised Procurement (DCP) States, FCI.

Aim – To ensure a single source of information for the food grains stored in India for the central pool through integrating State portals with the central portal.
About OSM:
i.The OSM will develop storage management applications across the DCP States that are capable of capturing the Minimum Storage Specifications (MSS). These MSSs are capable of computing storage capacity, point-wise stock position, stack wise details of stock position, truck wise information, quality parameters, and distribution.

ii.The OSM will improve efficiency and transparency in stocking, storage, movement and distribution of food grains and is expected to be completed by March 2022. It reduces the cost of food storage and distribution by checking leakages in the entire process.

iii.A total of 16 States (Andhra Pradesh, Bihar, Chhattisgarh, Gujarat, Haryana, Karnataka, Kerala, Maharashtra, Madhya Pradesh, Odisha, Punjab, Tamil Nadu, Telangana, Tripura, Uttarakhand and West Bengal) have given assurance to commit to the implementation of storage management applications with MSSs and integrate them with the central portal.
About Ministry of Consumer Affairs, Food and Public Distribution:
Union Minister – Piyush Goyal (Rajya Sabha Maharashtra)
Minister of State – Ashwini Kumar Choubey (Buxar, Bihar); Sadhvi Niranjan Jyoti (Fatehpur, Uttar Pradesh)

Haryana & HP Government Signs MoU for Construction of Adi Badri Dam to Revive Saraswati River

The governments of Himachal Pradesh (HP) and Haryana signed a memorandum of understanding (MoU) for the construction of a Adi Badri dam on 77 acres in HP near the Adi Badri area of Yamunanagar, Haryana for the revival of the Saraswati river. The MoU was signed at Panchkula by the Chief Secretaries of Himachal Pradesh (HP) & Haryana in the presence of Chief Ministers (CMs) Jai Ram Thakur (HP) and Manohar Lal Khattar (Haryana).
About Haryana:
Governor – Bandaru Dattatreya
Dance – Ras Leela, Phag Dance, Daph Dance, Dhamal Dance
Dams – Kaushalya Dam, Ottu barrage, Tajewala Barrage

NITI Aayog, RMI & RMI India release report ‘Banking on Electric Vehicles in India’

i.NITI (National Institution for Transforming India) Aayog in collaboration with Rocky Mountain Institute (RMI), and RMI India released a report titled ‘Banking on Electric Vehicles in India- A Blueprint for Inclusion of EVs in Priority Sector Lending Guidelines’.
ii.It has proposed the government to include Electric Vehicle (EVs) in the Reserve Bank of India’s (RBI) priority-sector lending (PSL) guidelines to boost retail lending for EVs and to support the decarbonization of road transport.
About NITI (National Institution for Transforming India) Aayog:
Establishment–2015
CEO– Amitabh Kant
Headquarters– New Delhi, Delhi
About Rocky Mountain Institute (RMI):
Establishment – 1982
Headquarters – Basalt, Colorado, US

Economy

AIIB Invests USD 150 million in Development of Data Centres Serving Asia

Asian Infrastructure Investment Bank (AIIB), a multilateral development bank has committed USD 150 million to invest in the development of data centres that mostly serve emerging Asia through the Keppel Data Centre Fund II (KDCF II), a closed-end private equity vehicle managed by Alpha Investment Partners Limited (Alpha). This project is being AIIB’s 1st data centre project. India is a key founding member of AIIB.

AIIB’s Investment:
i.AIIB invests USD 100 million through a parallel fund structure and USD 50 million through co-investments in KDCF II. AIIB will invest in the fund as a Limited Partner. The fund is focussed on strategic investments in the fast-growing data centre sector in the Asia Pacific.

ii.AIIB will conduct a prior review of investments presenting significant environmental and social (ES) risks like involuntary resettlement, adverse impacts on Indigenous Peoples, environment, community health and safety.
iii.The project is aligned with AIIB’s thematic priorities of Connectivity and Regional Cooperation, Green Infrastructure and Private Capital Mobilization.
About Asian Infrastructure Investment Bank (AIIB):
Establishment – 2016
Headquarters – Beijing, China
President and Chair of the Board of Directors – Jin Liqun

Ujjivan SFB launches Platina Fixed Deposit scheme

Ujjivan Small Finance Bank (SFB) launched ‘Platina Fixed Deposit’ (FD), offering interest of 15 basis points (bps) higher than the regular term deposit rates provided by Ujjivan SFB. The Platina FD is a non-callable deposit, where partial & premature withdrawal is not applicable. While the interest amount can be received on monthly, quarterly or at the end of the maturity period

Highlights of Platina FD:
i.The general FD for 990 days tenure gives 6.75% interest for general citizens and 7.50% for senior citizens, while Platina FD offers 6.90% & 7.65% interest rates respectively.
ii.FD limit – minimum amount is ₹20 lakh and maximum amount is ₹2 crore, with tenure ranging from 1 year to 5 years.
About Ujjivan Small Finance Bank (USFB):

USFB is a ‘scheduled bank’ included in the Second Schedule to the Reserve Bank of India Act, 1934. Commenced banking operations on 1st February 2017

MD & CEO- Ittira Davis
Headquarters- Bangalore, Karnataka

Sports

Ladakh women’s team Won the 9th National Women’s Ice Hockey Championship 2022

The Ladakh women’s ice hockey team has won the 9th National women’s ice hockey championship in 2022. The championship organised by the Ice Hockey Association of India was held in the Kaza in tribal districts Lahaul and Spiti in Himachal Pradesh from 15th to 21st January 2022.

Chandigarh has been adjudged as the runner of the 2022 championship.

Participants: Delhi, Ladakh, Himachal Pradesh, Chandigarh, Telangana and the Indo-Tibetan Border Police.

Miscellaneous

Astronomers Discovered Potato-shaped Exoplanet Named WASP-103b

Astronomers have announced that the Potato shaped planet, initially discovered in 2014, named WASP-103b is located in the constellation “Hercules”, at a distance of about 1,800 light-years from the solar system. WASP-103b is a close distance away from its star WASP-103, which is about 50 times closer to its sun than Earth is to its sun. The planet cycle takes 22 hours whereas the Earth’s cycle takes 365 days. According to the study published in the Astronomy and Astrophysics journal, WASP-103b is the exoplanet with the highest expected deformation signature in its transit light curve and one of the shortest expected spiral-in times.

Jahnavi Dangeti from AP becomes 1st Indian to complete NASA’s International Air and Space Program

Jahnavi Dangeti(19 years old), an Engineering Student, from Palakollu, West Godavari district, Andhra Pradesh (AP), has become the first Indian to undergo and complete the International Air and Space Program(IASP) at the NASA(National Aeronautics and Space Administration) Launch Operations’ Kennedy Space Centre in Alabama, in the United States of America(USA). She has previously served as the mission director for ‘Team Kennedy,’ a group of 16 persons from different countries, that launched and landed a tiny rocket. She is the vice-president of Space Magica, a new astronaut training facility for kids and the public. The International Organization of Aspiring Astronauts (IOAA) has Dangeti as a member.

Prajakta Koli named as UNDP India’s 1st Youth Climate Champion

The United Nations Development Programme (UNDP) India named famous Indian Youtuber and actor Prajakta Koli as India’s first ever ‘Youth Climate Champion’.
Highlights:
i.The partnership will boost the youth participation in climate action and ensure a more sustainable future.
ii.Prajakta Koli, was selected for her immense contribution towards mental health, women’s rights and girl child education through global social campaigns.
About Prajakta Koli:
i.Prajakta Koli is famously known for her YouTube channel – ‘MostlySane’.
ii.In 2021, She joined Google.org to aid grants to non-profits addressing economic inequities faced by women and girls along with other famous youth icons including Shakira, Amanda Gorman, Naomi Osaka.
iii.In 2016 she started a campaign against shaming and online bullying with “Shameless” as part of her campaign #iPledgeToBeMe which was launched on World Mental Health Day (10th October)
About United Nations Development Programme (UNDP):
Headquarters- New York, United States
Founded– 1965
Administrator-Achim Steiner
Members – 105 members

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