Current Affairs

28 September, 2021

International

I&B Minister Anurag Thakur addressed Summit for Information and Democracy

Union Minister for Information and Broadcasting Anurag Thakur participated virtually at the Summit for Information and Democracy on the sidelines of the 76th UN General Assembly(UNGA) High-Level Week organised at the Consulate General of France, New York in USA. The Minister stressed on the need to engagement with member countries to address misinformation during an infodemic and learn from each other to understand the issues and to find suitable solutions to address them. India was also among the co-authors of a first of its kind Cross-Regional Statement on “Infodemic” in the Context of COVID-19.

Objectives of the Summit
i.To create an International Observatory on Information and Democracy responsible for analysing global information trends.
ii.Fostering ties between the International Partnership for Information and Democracy and international organisations.
International Partnership on Information and Democracy
i.It is an intergovernmental non-binding agreement endorsed by 43 countries around the world to promote and implement democratic principles in the global information and communication space.
ii.India is founding member and signatory of International Partnership for Information and Democracy
iii.It was launched in New York on 26 September 2019, in the framework of the Alliance for Multilateralism. With an aim to promote freedom of opinion and expression and access to free, pluralistic and reliable information.
About UNESCO
Director General: Audrey Azoulay
Headquarters: Paris, France

Highlights of PM Narendra Modi’s Visit to USA from 22-25 September 2021

Prime Minister (PM) Narendra Modi visited the United States of America (USA) from 22 to 25 September 2021 and participated in the 1st in-person QUAD Leaders’ Summit in Washington D.C., the USA, along with Australian Prime Minister Scott Morrison, Japanese Prime Minister Yoshihide Suga, and US President Joe Biden. The QUAD meeting was hosted by Joe Biden. QUAD (Quadrilateral Security Dialogue) countries – includes India, Japan, the USA, and Australia. The 1st-ever QUAD Leaders’ summit was held virtually in March 2021.

About United States (US):
Capital – Washington, D.C.
Currency – United States Dollar (USD)
President – Joe Biden

National

US, India launch task forces on Hydrogen, Biofuels to Decarbonize Energy Sector

i.As a part of Strategic Clean Energy Partnership (SCEP), the United States (US) department of energy along with Indian counterpart launched a new public-private Hydrogen Task Force and Biofuels Task Force to expand the use of clean energy technologies for decarbonization of the energy sector.

ii.The US is committed to enhance Nationally Determined Contribution to reduce economy-wide greenhouse gas emissions by 50-52% below 2005 levels in 2030. It is also supporting India for the deployment of 450 GW (GigaWatt) of renewable energy capacity by 2030.
About United States:
Capital– Washington, D.C.
Currency– United States Dollar
President– Joseph Robinette Biden Jr.

Rajasthan’s Sojat Mehndi, Assam’s Judima, Nagaland’s Cucumber bagged GI tag

ojat Mehndi from Rajasthan, known for its medicinal values has received the geographical indication (GI) tag. From the North East States, the traditional brew of Dimasa community, Judima from Assam and Naga Cucumber from Nagaland known for its high potassium content also bagged GI tags.

About GI Tag
i.A GI is a sign used on products that have a specific geographical origin and possess qualities or a reputation that are due to that origin.
ii.GI are part of the intellectual property rights that comes under the Paris Convention for the Protection of Industrial Proper.
iii.In India, GI registration is done by the Geographical Indications of Goods (Registration and Protection) Act of 1999.
Objective
i.GI Tag helps the genuine producers to avail optimum price for their premium goods even in the competitive market.

HAL, Alliance Air inked pact to deploy Civil Do-228 Plane in Arunachal Prades

i.The Hindustan Aeronautics Limited (HAL) inked a leased agreement with Alliance Air Aviation Limited for the deployment of two HAL’s Civil Dornier-228 (Do-228) aircraft in Arunachal Pradesh (AR).
ii.This deal envisages enhancing Regional Connectivity Scheme (RCS) in the region as it will connect remote parts of AR.
iii.It was signed by Apurba Roy, General Manager, Transport Aircraft Division, Kanpur (Uttar Pradesh), HAL and Arun Kumar Bansal, Head of Engineering, Alliance Air Aviation Limited in Bengaluru, Karnataka.
About Hindustan Aeronautics Limited (HAL):
Chairman and Managing Director (CMD)– R Madhavan
Headquarter– Bengaluru, Karnataka

Economy

ICRA Revised India’s FY22 GDP Growth Forecast to 9%

The ICRA (formerly known as Investment Information and Credit Rating Agency of India Limited) has revised India’s gross domestic product (GDP) growth projection in FY22 from 8.5 percent (June 2021) to 9 percent.

About ICRA:
It is owned by Moody’s Corporation
Establishment – 1991
Headquarters – Gurgaon, Haryana
MD & Group CEO – Mr. N. Sivaraman

ICICI Bank Offers OD Facility to Sellers Registered on Amazon India

ICICI Bank partnered with Amazon India to offer an overdraft (OD) facility up to Rs 25 lakh to individual sellers and small businesses registered on the e-commerce marketplace amazon.in. Objective: To enable easy and trusted access to credit for sellers at low costs.

About ICICI Bank:
Establishment – 1955 (Incorporated in 1994)
Headquarters – Mumbai, Maharashtra
MD & CEO – Sandeep Bakhshi
Tagline – Hum hai na, Khayal Apka

Sports

England cricketer Moeen Ali announces retirement from Tests

England cricket all-rounder Moeen Ali has announced his retirement from the Test match career. The 34-year-old Ali made his debut in Test cricket in 2014 and represented England in 64 Test matches. He took 195 Test wickets including 5 five-wicket hauls and scored five-Test match centuries during his Test career. Moeen, however, will continue to play limited-overs cricket for England.

L Hamilton become first F1 driver in history to seal 100 wins

Lewis Hamilton sets a new record by registering his 100th win after finishing first in Russian Grand Prix held at Sochi Autodrom in Russia on September 28.Hamilton is a British racer, competes for Mercedes. With this win, Hamilton became the first Formula-one driver in the history to reach 100 wins. Max Verstappen finished second at Russian Grand Prix 2021.

F1 drivers with most wins in history
i.Lewis Hamilton (Britain) 100
ii.Michael Schumacher (Germany) 91
iii.Sebastian Vettel (Germany) 53
iv.Alain Prost (France) 51
v.Ayrton Senna (Brazil) 41

Miscellaneous

Lunar Crater Named After Arctic Explorer Matthew Henson

The International Astronomical Union(IAU) has named a crater at the Moon’s south pole after Matthew Henson, an African-American Arctic explorer, who was the 1st person to stand at the very top of the world. Henson crater is located in the South Pole of the Moon, between Sverdrup and de Gerlache craters.

Jordan Bretzfelder, an Exploration Science summer intern at Lunar and Planetary Institute, Houston, Texas proposed to name the crater after Matthew Henson.

Note:
Lunar and Planetary Institute is a member of the Solar System Exploration Research Virtual Institute, headquartered in Ames Research Center (National Aeronautics and Space Administration- NASA).
Artemis program & Henson Crater:
i.The location of Henson Crater is the region where the Artemis lunar exploration program of NASA is set to land the next generation of lunar explorers.
ii.The Artemis program aims to land the first woman and first person of colour on the moon.
About Matthew Henson:
i.Matthew Henson was born in 1866 in Maryland, was well known as the co-discoverer of the North Pole with Robert Edwin Peary in 1909.
ii.He published a memoir titled “A Negro Explorer at the North Pole”.
iii.The National Geographic Society honoured posthumously awarded the Hubbard Medal(posthumously) in 2000.

MCA extended tenure of Company Law Committee by 1 year, till Sept 2022

The Ministry of Corporate Affairs (MCA) has extended the tenure of the Company Law Committee (CLC) by one year i.e. till September 16, 2022 w.e.f. September 17, 2021. CLC was formulated to promote ease of doing business to law abiding corporates, to foster improved corporate compliance for stakeholders, and to address issues impacting the working of companies. The tenure of CLC was also extended in 2020 by 1 year.

About CLC:
It is an 11-member committee constituted in 2019 by MCA to examine and make recommendations to the government on issues related to implementation of the Companies Act 2013 and the Limited Liability Partnership Act 2008. It is chaired by Rajesh Verma, Secretary, MCA.

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Daily Current Affairs | 23rd October 2021

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