NATIONAL UPDATES:
1.
Cabinet approves Rs. 5718 crore World Bank-supported STARS project: Union Cabinet
chaired by the Prime Minister, Narendra Modi has approved the implementation of
the Strengthening Teaching-Learning and Results for States (STARS) project.
‘STARS’ is a new Centrally Sponsored Scheme under the Department of School
Education and Literacy, Ministry of Education for improving the quality of
education, in the Indian School Education System. The total project cost is Rs
5718 crore with the financial support of World Bank amounting to the USD 500
million (approximately Rs. 3700 crores). The project will cover 6 states namely
Himachal Pradesh, Rajasthan, Maharashtra, Madhya Pradesh, Kerala and Odisha.
Under the STARS Project: The project
envisages improving the overall monitoring and measurement activities in the
Indian School Education System by supporting the selected states in developing,
implementing, evaluating and improving interventions with direct linkages to
improved education outcomes and school to work transition strategies for
improved labour market outcomes. The overall focus and components of the STARS
project are aligned with the objectives of the National Education Policy (NEP)
2020 of Quality-Based Learning Outcomes.
2. DG
of Shipping notified as National Authority for Ships Recycling: The Central
government has notified the Directorate General of Shipping as the National
Authority for Recycling of Ships. The DG Shipping has been designated as the
apex authority for the ship recycling industry of India under Section 3 of the
Recycling of Ships Act, 2019. The office of the National Authority of Ship
Recycling will be set up in Gandhinagar, Gujarat.
About National Authority for Recycling of
Ship: National Authority for Recycling of Ships will administer, supervise and
monitor all activities relating to ship recycling. It would be the final
authority for the various approvals required by the ship-recycling yard owners
and the State governments.
Note: Minister of State (Independent
Charge) of the Ministry of Shipping: Mansukh L. Mandaviya.
3.
Union Cabinet approves Rs 520 crore package under NRLM for J&K and Ladakh: The Union Cabinet
chaired by Prime Minister Narendra Modi has approved a special package of Rs
520 crore for the Union Territories of Jammu and Kashmir and Ladakh under the
National Rural Livelihood Mission. This special package has been approved for a
period of five years till the financial year 2023-24. The Deendayal Antyodaya
Yojana-National Rural Livelihood Mission (DAY-NRLM) will ensure sufficient
funds to both the Union Territories with the aim to eliminate rural poverty and
improved access to financial services. The decision is in line with Centre’s
aim to universalise all centrally sponsored beneficiary-oriented schemes in
J&K and Ladakh in a time-bound manner.
4.
Rajnath Singh lays foundation stone for Nechiphu tunnel in Arunachal Pradesh: Amid face-off
between the Indian and Chinese troops along the Line of Actual Control, Defence
Minister Rajnath Singh laid the foundation stone for the strategically
important Nechiphu tunnel at West Siang district in Arunachal Pradesh via video
conferencing. The 450m-long tunnel, which will bypass the existing road, will
be D-shaped and comprise two lanes of 3.5m width each. Another 1.8 km-long
tunnel is also being constructed on the BCT road and both will reduce the distance
to the area bordering China by 10km. Besides this, the Defence Minister also
inaugurated 43 BRO-made bridges across 7 Border States of the country,
including 7 in Arunachal and 4 in Sikkim.
5.
Akbar Ebrahim Gets A Second Term As FMSCI President: Former racer Akbar
Ebrahim was unanimously elected for a second term as the president of India’s
motorsports governing body, FMSCI. Farooq Ahmed was unanimously elected as the
vice-president. Ebrahim had his first stint as FMSCI chief from 2016-2018
following which he was replaced by J Prithviraj.
6.
IIT Delhi-incubated Startup Launches Antimicrobial Water Storage Containers
‘AqCure’: IIT
Delhi-incubated startup Nanosafe Solutions has developed a range of
antimicrobial mixing traditional science with nanotechnology i.e. antiviral,
antibacterial and antifungal water storage containers and launched it as
“AqCure”, which is based on the inherent antimicrobial properties of copper.
AqCure water containers have >99.99% antibacterial, >99.99% antifungal,
and >99% antiviral activity tested as per ISO and ASTM standards. These
containers are made from BPA/BPS-free high quality food grade polymers and is
ideal for home and office use.
INTERNATIONAL UPDATES:
1.
Kyrgyzstan President Sooronbai Jeenbekov resigns: Kyrgyzstan
President, Sooronbai Jeenbekov has resigned from his post, following 10 days of
unrest caused by protesters who have demanded his removal from office. On 4th
October 2020, he was re-elected as the President in Parliamentary election,
causing political turmoil throughout the country. The 61-year-old has served as
the President of Kyrgyzstan from 2017 to 2020. He was also the Prime Minister
of Kyrgyzstan from April 2016 to August 2017.
Note: Kyrgyzstan Capital: Bishkek;
Kyrgyzstan Currency: Kyrgyzstani som
2.
Russia approves 2nd coronavirus vaccine “EpiVacCorona”: Russia has given
regulatory approval to a second Covid-19 vaccine, named ‘EpiVacCorona’, after
early-stage studies. The new coronavirus vaccine comes two months after a
similar move for Russia’s first vaccine Sputnik V prompted widespread criticism
from scientists both at home and abroad. Russia became the first country to
give regulatory approval to a Covid-19 vaccine in August when Sputnik V was
officially registered ahead of the large-scale clinical trial. Russian
President Vladimir Putin announced that the country has registered the second
Covid-19 vaccine.
About EpiVacCorona: The second Russian
vaccine to receive regulatory approval was developed by the Vector State
Research Centre of Virology and Biotechnology. The two-shot vaccine,
‘EpiVacCorona’, was tested among 100 volunteers in early-stage,
placebo-controlled human trials, which lasted more than two months and were
completed two weeks ago. The volunteers were between 18 and 60 years old.
Vector’s vaccine EpiVacCorona relies on chemically synthesized peptide antigens
of SARS-CoV-2 proteins, conjugated to a carrier protein and adsorbed on an
aluminium-containing adjuvant, according to details posted at
ClinicalTrials.gov, a database of privately and publicly funded clinical
studies conducted around the world.
Note: Russia President: Vladimir Putin;
Russia Capital: Moscow; Russia Currency: Russian Ruble.
3.
India contributes 1 million dollars to UNRWA for Palestine Refugees: India has
contributed one million dollars to the United Nations Relief and Works Agency
(UNRWA) for Palestine Refugees in Near East. This aid will support the Agency’s
programmes and services, including education, health care, relief and social
services. The Representative Office of India in Ramallah stated, India’s
support for the Palestinian cause is an integral part of the nation’s foreign
policy. It shall continue supporting the UNRWA’s activities in providing vital
services and necessary humanitarian aid to Palestinian refugees.
Note: UNRWA is a United Nations (UN) agency
which was established by the UN General Assembly in 1949. The agency is
mandated to provide protection and assistance to some 5.6 million Palestine
refugees who are registered with UNRWA across its 5 fields of operation. TThe
mission of UNRWA is to help the Palestinian Refugees in Lebanon, Jordan, Syria,
West Bank, including Gaza Strip and East Jerusalem.
UNRWA Headquarters: Amman, Jordan; UNRWA
Commissioner-General: Philippe Lazzarini.
4.
International Day for the Eradication of Poverty: 17th October: International Day
for the Eradication of Poverty is observed globally on 17 October every year.
The day aims to raise awareness of the need to eradicate poverty and
destitution around the world, particularly in developing countries. 2020 Theme:
“Acting together to achieve social and environmental justice for all”. The
theme for the Day this year addresses the challenge of achieving social and
environmental justice for all. This year marks the 27th anniversary of the
declaration by the General Assembly, in its resolution 47/196 of 22 December
1992, of 17 October as the International Day for the Eradication of Poverty.
This year also marks the 32nd anniversary of the Call to Action by Father
Joseph Wresinski — which inspired the observance of October 17 as the World Day
for Overcoming Extreme Poverty — and the recognition by the United Nations of
the day as the International Day for the Eradication of Poverty.
OTHER UPDATES:
SPORTS
1.
AIFF announces ‘Indian Football – Forward Together’ as its new motto: All India Football
Federation, the apex body for the sport of football in the country, announced
the launch of their new motto “Indian Football. Forward Together”, defining the
new brand direction. The motto is based on the core belief of the Federation to
promote, grow and develop the game of football throughout India with the
support of the football community, and creates synergy with the core values of
the organization – passion, respect, leadership, teamwork, integrity,
professionalism and inclusivity.
BANKING AND FINANCE
1.
IKEA partners Mastercard, Citi to launch Family Credit Card: Citibank India
(Citi) and Mastercard jointly announced the launch of “IKEA Family Credit Card
by Citi” to make shopping at the Swedish furnishing company more affordable,
convenient and rewarding. The card provides instant in-store card bookings,
direct payments via Bharat QR, accelerated reward points and attractive EMIs
and would also offer reward points on all purchases with instant reward
redemption at IKEA. The card is available to IKEA family members at ”zero
joining fee and zero annual fee’‘ and can be used for purchases made on IKEAs
online and offline stores, or anywhere in the world that accepts credit cards.
2.
EarlySalary launches ”Salary Card” powered by RuPay to meet the Rising Demand
for Digital Credit:
EarlySalary, India’s largest consumer lending platform, announced the launch of
‘Salary Card’ a zero-touch digital card that provides instant access for
salaried professionals, enabling them to make instant purchases across
thousands of merchants across India. Powered by RuPay, the Salary Card comes
with a unique feature that allows consumers the flexibility of setting up a
dynamic credit limit to suit that shopping, medical, travel, entertainment and
other needs. The ‘Salary Card’ backed by advanced Machine Learning (ML)
technologies and risk-oriented decision making mechanisms, is designed to serve
as a secure payment mode to help consumers spend responsibly.
BUSINESS AND ECONOMY
1.
BharatPe elevates Dhruv Dhanraj Bahl to chief operating officer: Merchant payment
network BharatPe has elevated Dhruv Bahl as its chief operating officer (COO)
with immediate effect. In his new role,
Bahl will be leading operations across customer support, deployments – QR, Swipe
& Cards, KYC, loan disbursals and lead generation.
OBITUARIES
1.
Former New Zealand all-rounder John R Reid passes away: New Zealand’s
oldest surviving Test cricketer and former captain John Reid has died at the
age of 92. Reid, regarded as one of the world’s best all-rounders during his heyday
in the fifties and early sixties, captained New Zealand in 34 Tests including,
most notably, the country’s first three victories. Reid played 246 first-class
games and scored 16128 runs at 41.35, including 39 centuries, while taking 466
wickets at 22.60. He retired in 1965 and later became a New Zealand selector,
manager, and an ICC match referee.
2.
India’s first Oscar winner Bhanu Athaiya passes away: India's first Oscar
winner Costume designer Bhanu Athaiya (91 years) passed away in Mumbai. She won
Oscar for her work in epic film Richard Attenborough's Gandhi in 1983 jointly
with John Mollo. She began her career as a costume designer in movie
'C.I.D.'. She is known for Bollywood's
looks, including Vyjayantihmala in Aamrapaali, Waheeda Rehman in Guide and
Zeenat Aman in Satyam Shivam Sundaram. She also won 2 national awards for Lekin
(1990) and Lagaan (2001). In 2012, Athaiya returned her Oscar to the Academy of
Motion Picture Arts and Sciences for safekeeping.
3. Cricket journalist and commentator Kishore Bhimani passes away: Veteran sports journalist and Cricket commentator, Kishore Bhimani passed away. He was a leading cricket commentator in the Eighties and Nineties and is best remembered for being on the air during the tied Test of 1986 between India and Australia in Chepauk, Chennai. He had received a lifetime achievement award for his decades-long contribution in the fields of media and commentary in 2013.
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