Current Affairs

9 September, 2020

International

US-India-Israel summit held virtually; Decision taken for Trilateral Collaboration on 5G Tech

The virtual US (United States)-India-Israel summit was held to focus on trilateral partnerships in the strategic, technology and development arenas. There it was decided that these trio nations will collaborate in 5G technology.

National

Prime Minister Modi E-Inaugurates Patrika Gate in Jaipur

Prime Minister Narendra Modi inaugurated the Patrika Gate in Jaipur, Rajasthan over a virtual platform. The Patrika Gate was built by the Patrika group of Newspapers on the Jawaharlal Nehru Marg in Jaipur.He also launched 2 books Samvad Upanishadand Akshar Yatra, authored by Gulab Kothari, Editor in Chief of Rajasthan Patrika Group and Chairman of Patrika Group of Newspaper.
About Rajasthan:
UNESCO sites– The Jantar Mantar, Hill Forts of Rajasthan
Tiger Reserve- Sariska Tiger Reserve, Ranthambore Tiger Reserve, Mukundara Hills Tiger Reserve.

NITI Aayog constitutes Multidimensional Poverty Index Coordination Committee (MPICC) to be chaired by Ms Sanyukta Samaddar

As the nodal agency for Multidimensional Poverty Index Coordination Committee (MPICC), NITI Aayog constituted a Multidimensional Poverty Index Coordination Committee (MPICC) which will be chaired by Ms Sanyukta Samaddar, Adviser (Sustainable Development Goals).
It has members from Ministry of Power, Women & Child Development, Telecommunication, Ministry of Statistics & Programme Implementation, Rural Development, Petroleum & Natural Gas, Food & Public Distribution, Drinking Water & Sanitation, Education, Housing & Urban Affairs, Health & Family Welfare, and Financial Services.
India’s Performance:
According to Global MPI, India is 62nd among 107 countries with an MPI score of 0.123 and 27.91% headcount ratio based on National Family Health Survey 4 (2015/16) data.

STEPapp Partnered with MoTA to Implement Gamified Learning App in Tribal Schools

Eduisfun Technologies Private Limited’s STEPapp (Student Talent Enhancement Program Application) received an order from the Ministry of Tribal Affairs(MoTA) to implement its gamified learning application in the tribal schools across India and to benefit the tribal students and to empower them with quality education.This is the first time for a government institution to tip up with an Indian EdTech startup on a monetised project.As of 31st August 2020, the application has been implemented in around 242 schools across 21 States benefiting around 35167 registered students.
About STEPapp (Student Talent Enhancement Program Application):
Founder & CEO– Praveen Tyagi
Headquarters– Maharashtra

Kerala tops literacy rate chart with 96.2%; Andhra Pradesh worst performer at 66.4%: NSO

In accordance with the report on “Household Social Consumption: Education in India as part of 75th round of National Sample Survey – from July 2017 to June 2018” conducted by National Statistical Office (NSO), Ministry of Statistics and Programme Implementation (MoSPI), Kerala again emerged as the most literate state in the country with 96.2% literacy followed by Delhi (88.7%), Uttarakhand ( 87.6%), Himachal Pradesh (86.6%) and Assam (85.9%).
About Ministry of Statistics and Programme Implementation (MoSPI)
Minister of State (Independent Charge)– Rao Inderjit Singh
Secretary– Pravin Srivastava
Director General (NSS)– Vijay Kumar

Economy

India’s GDP to Contract by 11.8% in FY21; Rebound to 9.9% in FY22 : Ind-Ra

India Ratings and Research(Ind-Ra), domestic rating agency projects India’s GDP (Gross Domestic Product) growth to contract by 11.8%(-11.8%), from earlier -5.3%.
ii.The rating agency also expects India’s GDP to rebound and grow at 9.9% year-on-year in FY22primarily due to the weak base of FY21.
iii.The Indian economy contracted by a record 23.9% in 1st (April-June) quarter of FY21, which is much higher than Ind-Ra’s forecast of 17.0% due to the impact of the COVID-19 pandemic(lockdown).

Mahindra Finance Enters Online Insurance Broking; to Launch a portal, PayBima

Mahindra Insurance Brokers Ltd(Mahindra Insurance Brokers), a subsidiary of Mahindra & Mahindra Financial Services Limited(Mahindra Finance), which enter into an online insurance broking business to provide digital services to the customers of its insurance brokerage throughPayBima, a portal which said to be launched soon.
About PayBima

Bank of India launched “Signature Visa Debit Card” for High Net Worth Individuals

On the occasion of Bank of India (BoI)’s 115th Foundation Day, BOI has launched an international contactless debit card , “Signature Visa Debit Card” for high net worth individuals who are maintaining an average quarterly balance of Rs 10 lakhs and above.
Atanu Kumar Das, Managing Director(MD) & Chief Executive Officer(CEO) of BOI virtually inaugurated new buildings of Rural Self Employment Training Institutes (RSETI) at Barabanki, Lucknow(Uttar Pradesh) and Giridih (Jharkhand).
About Bank of India(BOI):
HeadQuarters– Mumbai, Maharashtra
Managing Director(MD) & Chief Executive Officer(CEO)– Atanu Kumar Das
Tagline– Relationship Beyond Banking

Himachal Pradesh, World Bank Sign $82 million Loan Deal for HP State Roads Transformation Project

The State Government of Himachal Pradesh and World Bank signed a $82 million (approximately Rs. 600 Crores) loan deal to support Himachal Pradesh strengthen its transport and road safety institutions by improving the condition, safety, resilience, and engineering standards of the state’s road network.
The loan from the International Bank for Reconstruction and Development (IBRD), has a final maturity of 15 years including a grace period of five years.

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