NATIONAL UPDATES:
1. PM
Modi inaugurates Rs 100 lakh crore PM Gati Shakti-National Master Plan: With the vision of
holistic and integrated infrastructure development in the country, Prime
Minister Narendra Modi inaugurated PM Gati Shakti-National Master Plan, from
Pragati Maidan in New Delhi. The Rs 100 lakh crore PM Gati Shakti-National
Master Plan aims to provide multi-modal connectivity to economic zones in the
country.
Under the new project: A centralised
portal will be set up to bring together the infrastructure schemes (which are
to be completed by 2024-25) of as many as 16 Ministries & State Governments
on a common platform, for integrated planning and coordinated implementation,
instead of planning & designing separately by each ministry and department.
Through the PM Gati Shakti campaign, the government aims to lend more speed
(Gati) and power (Shakti) to infrastructure connectivity projects by connecting
all concerned departments on one platform. PM Modi also inaugurated the new
exhibition complexes of ITPO and reviewed the model of the new exhibition
complex at Pragati Maidan.
2.
Haryana bans govt employees from participation in politics, elections: Facing farmers’
protests over new farm laws for over a year now, the Haryana government has
banned the participation of its employees in politics and elections. A
notification has also been issued from the office of the chief secretary in
this regard while implementing Haryana Civil Services (Government Employees
Conduct) Rules, 2016. The administrative secretaries, heads of department,
managing directors, chief administrators of boards, corporations, divisional
commissioners, deputy commissioners of Haryana, registrar of universities of
Haryana and registrar (general), Punjab and Haryana High Court have been
directed to ensure compliance of Rules 9 and 10 of Haryana Civil Services
(Government Employees’ Conduct) Rules, 2016 in letter and in spirit. Any
violation of the same should invite immediate and strict disciplinary action.
Note: Haryana Capital: Chandigarh; Haryana
Governor: Bandaru Dattatraya; Haryana Chief Minister: Manohar Lal Khattar.
3. Amit
Khare appointed advisor to PM Modi: Former bureaucrat Amit Khare, who last
month retired as higher education secretary, has been appointed as advisor to
Prime Minister Narendra Modi for two years on contract basis. Mr Khare, a 1985
batch (retired) IAS officer of Jharkhand cadre, had superannuated on September
30. The Appointments Committee of the Cabinet has approved the appointment of
Khare as advisor to the prime minister in Prime Minister’s Office, in the rank
and scale of secretary to government of India.
4.
India’s first Atal Community Innovation Center launched in Jaipur: India’s 1st Atal
Community Innovation Center (ACIC) was inaugurated at Vivekananda Global
University, Jaipur (VGU). It will be the first centre in the country to be set
up by the Government of India, Atal Innovation Mission (AIM) and NITI Aayog.
About the ACIC: ACIC aims to
support and nurture innovative ideas that can take the shape of big ideas and
help transform society for a better tomorrow. This center, started under the joint
aegis of Atal Innovation Mission, NITI Aayog and VGU, will benefit the
hardworking, passionate and courageous businessmen of Rajasthan who want to
take their business towards heights.
5.
EESL appoints Arun Kumar Mishra as CEO: Energy Efficiency Services Limited (EESL),
a joint venture of Public Sector Undertakings under the Ministry of Power has
announced the appointment of Arun Kumar Mishra as chief executive officer (CEO)
on deputation. He will be responsible for EESL’s operations across the nation.
About the EESL: EESL, an energy
service company (ESCO), is among the earliest entrants in India’s energy
efficiency market estimated at around ₹74,000 crores and is presently running
the world’s largest domestic lighting programme. With India rolling out the
world’s largest electricity smart metering programme, EESL and IntelliSmart,
its joint venture with India’s quasi-sovereign wealth fund National Investments
and Infrastructure Fund (NIIF), have been present in India’s smart meter
programme space.
Note: EESL Headquarters location: New
Delhi; EESL Founded: 2009; EESL Chairman: K.Sreekant.
INTERNATIONAL UPDATES:
1.
Germany launches World’s First Self-Driving Train: German rail
operator, Deutsche Bahn and industrial group, Siemens launched the first
automated & driverless train of the world. The self-driving train was
launched in the city of Hamburg. This project is being developed by ‘Siemens
and Deutsche Bahn’. It is being dubbed as “world-first”. The project is part of
a 60-million-euro modernisation of the rapid urban rail system of Hamburg.
These automated trains will offer a reliable service without laying a single
kilometre of new track.
Note: Germany Capital: Berlin; Germany
Currency: Euro; Germany President: Frank-Walter Steinmeier; Germany Chancellor:
Angela Merkel.
2.
Sajjan Jindal appointed chairman of World Steel Association: World Steel
Association (WSA) has elected Sajjan Jindal, Chairman and Managing Director of
JSW Steel Ltd, as Chairman for the year 2021-22. Jindal is the first
representative from India to serve as Chairman of the WSA. JSW Steel is the flagship business of the
diversified $13 billion JSW Group and engaged in the manufacturing of iron and
steel products in India and across the globe.
About the World Steel Association: Worldsteel acts
as the focal point for the steel industry, providing global leadership on all
major strategic issues impacting the industry, particularly focusing on
economic, environmental and social sustainability. Worldsteel members represent
approximately 85% of the world’s steel production, including more than 160
steel producers, national and regional steel industry associations and steel
research institutes.
Note: World Steel Association established: 1967;
World Steel Association headquartered: Brussels, Belgium.
3.
World Food Day: 16th October: World Food Day (WFD) is celebrated every
year on 16 October across the globe to eradicate worldwide hunger from our
lifetime. WFD also commemorates the date of the founding of the United Nations
Food and Agriculture Organization (FAO) in 1945. Theme 2021: “Safe food now for
a healthy tomorrow”.
History: The main focus of
this day is that food is a basic and fundamental human right. WFD commemorates
the day in 1945 when the United Nations Food and Agriculture Organization (FAO)
was founded.
Note: Food and Agriculture Organization
Head: Qu Dongyu; Food and Agriculture Organization Headquarters: Rome, Italy;
Food and Agriculture Organization Established: 16 October 1945.
OTHER UPDATES:
SPORTS
1.
IPL 2021 won by Chennai Super Kings: Chennai Super Kings (CSK) has defeated
Kolkata Knight Riders (KKR) in the finals to win the 2021 Indian Premier League
(IPL) title. This was the 14th edition of IPL which is an India-based Cricket
league in 20-20 format. This was the 4th win of Chennai Super Kings (CSK) in
IPL, having previously won the tournament in 2010, 2011, and 2018. About IPL
2021:
(1) M.S. Dhoni is the captain of CSK the
winning team.
(2) Eoin Morgan is the captain of the
Runner up team i.e Kolkata Knight Riders (KKR). He is from England
(3) The first half of IPL was played in
India, while the second half was played in UAE. The finals were held at Dubai
International Stadium.
(4) Player of the Tournament: Harshal Patel
(RCB)
(5) Highest Run Scorer (Orange Cap):
Ruturaj Gaikwad (CSK) (635 runs)
(6) Highest Wicket Taker (Purple Cap):
Harshal Patel (RCB) (32 wickets)
BANKING AND FINANCE
1.
IndusInd Bank gets authorised by RBI to collect Direct and Indirect Taxes; IndusInd Bank has
announced, that it has been authorised by the Reserve Bank of India (RBI) for
the collection of Direct and Indirect Taxes, on behalf of the Central Board of
Direct Taxes (CBDT) and the Central Board of Indirect Taxes and Customs (CBIC).
With this, its customers will be able to pay their Direct and Indirect taxes
through ‘Indusnet’ and ‘Indusmobile’ platforms.
The authorization has been awarded basis a
recommendation from the Controller General of Accounts as well as the Ministry
of Finance (Govt. of India), and comes close on the heels of the Bank being
appointed as an ‘Agency Bank’ of the RBI to conduct government business. With
this, IndusInd Bank customers will soon be able to pay their Direct and
Indirect taxes through the Bank’s state-of-the-art digital platforms such as
‘Indusnet’ – its net banking platform and ‘IndusMobile’ – its mobile banking
application.
Note: The IndusInd Bank CEO: Sumant
Kathpalia; The IndusInd Bank Headquarters: Pune; The IndusInd Bank Owner:
Hinduja Group; The IndusInd Bank Founder: S. P. Hinduja; The IndusInd Bank Founded:
April 1994, Mumbai.
BUSINESS AND ECONOMY
1.
IMF Projects Indian Economy to grow at 9.5% in FY22: The International
Monetary Fund (IMF) has estimated the Indian economy to grow by 9.5% in the
current fiscal year, i.e 2021-22 (FY22) and 8.5% in FY23 (2022-23), in its
latest World Economic Outlook report, released on October 12, 2021. Meanwhile,
IMF expects the global gross domestic product (GDP) to grow by 5.9 per cent in
2021 and 4.9% in 2022.
In its World Economic Outlook (WEO), the
IMF has maintained India’s gross domestic product (GDP) estimates for next
financial year at 8.5 per cent, unchanged from its July projections. The WEO,
titled ‘Recovery During a Pandemic Health Concerns, Supply Disruptions, and
Price Pressures’, has forecast world economic growth at 4.9 per cent for 2022,
the same as earlier.
Note: IMF Headquarters: Washington, D.C.
U.S; IMF Managing Director and Chairman: Kristalina Georgieva; IMF Chief
Economist: Gita Gopinath.
2.
Fire-Boltt ropes in Virat Kohli as new brand ambassador: Indian wearable
brand Fire-Boltt has named cricket captain Virat Kohli as its new brand
ambassador. The skipper will participate in different marketing, ad and
endorsement campaigns of the homegrown brand. Fire-Boltt had a few months
earlier brought on board actor Vicky Kaushal as its first brand ambassador.
Fire-Boltt is a wearable, gaming, and audio brand offering a bouquet of premium
quality audio, fitness, and fashion products. The products by Fire-Boltt
include smartwatches, Bluetooth earphones, Bluetooth headphones, true wireless
earbuds, Bluetooth speakers, soundbars, lifestyle shoes, among others.
DEFENCE
1.
17th Edition of Indo-US Joint Military Exercise “Ex Yudh Abhyas 2021: The 17th edition of
the Joint Military Training Exercise “Ex Yudh Abhyas 2021” between the Indian
Army and the United States Army, is scheduled to take place from October 15 to
29, 2021 at Joint Base Elmendorf Richardson, Alaska in USA. The Indian
contingent will comprise of 350 personnel of an Infantry Battalion Group. About
the exercise:
(1) The exercise will further enhance
understanding, cooperation and interoperability between the two Armies. The
previous version of the exercise was held at Mahajan Field Firing Ranges in
Bikaner, Rajasthan in February 2021.
(2) The exercise aims at enhancing
understanding, cooperation and interoperability between two Armies.
(3) The joint exercise will focus on
Combined Arms Manoeuvres in cold climatic conditions and is primarily aimed at
sharing tactical level drills and learning best practices from each other. The
exercise will culminate after a 48-hour long validation.
OBITUARIES
1.
IFFCO chairman Sardar Balvinder Singh Nakai passes away: Fertiliser major
IFFCO’s Chairman Balvinder Singh Nakai has passed away. He was an eminent
farmer – cooperator and was deeply involved in providing strength to the Indian
cooperative movement for the last three decades. He made pioneering
contributions towards empowering farmers.
DEFENCE UNICORN INSTITUTE – GANDHINAGAR |
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