NATIONAL UPDATES:
1.
PMGKAY Scheme: PM Garib Kalyan Anna Yojana extended by half a year: The Union Cabinet,
chaired by Prime Minister Shri Narendra Modi, has extended the Pradhan Mantri Garib
Kalyan Anna Yojana (PM-GKAY) scheme for another six months, till September
2022, in order to show care and compassion towards the underprivileged and
vulnerable parts of society (Phase VI). Key Points:
a)
The
PM-GKAY scheme’s Phase-V was set to finish in March 2022. It should be noted
that the PM-GKAY has been in effect since April 2020, making it the world’s
largest food security programme.
b)
So
far, the government has spent over Rs. 2.60 lakh crore, with another Rs. 80,000
crore set to be invested over the next six months through September 2022,
bringing the total expenditure under PM-GKAY to roughly Rs. 3.40 lakh crore.
c)
This
will benefit over 80 million people across India and, like before, will be
totally sponsored by the Indian government.
d)
Despite
the fact that the COVID-19 pandemic has largely subsided and economic activity
is picking up, this PM-GKAY extension would ensure that no impoverished family
goes to bed hungry during this period of recovery.
e)
In
addition to his normal NFSA quota of foodgrains, each beneficiary under the
extended PM-GKAY will receive an additional 5 kg free ration per person each
month. This means that each disadvantaged family would receive roughly double
the usual allotment.
2.
Ministry of Jal Shakti launches Sujlam 2.0 Campaign: Ministry of Jal
Shakti has launched the Sujalam 2.0 campaign for greywater management. It was
launched by Union Minister of Jal Shakti, Shri Gajendra Singh Shekhawat. The
theme for this year for Sujalam 2.0 campaign is ‘Groundwater: making the
invisible visible’. Objective of Sujalam
2.0 is to manage greywater through
people’s participation. Under the campaign, we plan to mobilize communities,
our institutions like panchayats, schools, anganwadi to undertake greywater
management.
3.
NITI Aayog`s releases Export Preparedness Index 2021, Gujarat again tops: Gujarat topped Niti
Aayog’s Export Preparedness Index 2021, followed by Maharashtra and Karnataka
in second and third place, respectively. Gujarat has topped the Niti Aayog
rankings for the second year in a row “s Export Preparedness Index 2021, which
is intended to assess states’ preparation in terms of export potential and
performance.
Key Points:
a)
According
to the government think tank, Gujarat was followed by Maharashtra, Karnataka,
Tamil Nadu, Haryana, Uttar Pradesh, Madhya Pradesh, Punjab, Andhra Pradesh, and
Telengana “s document. Union territories and states such as Lakshadweep,
Arunachal Pradesh, Mizoram, Ladakh, and Meghalaya ranked worst.
b)
NITI
Aayog Vice Chairman Rajiv Kumar, speaking at the launch of the study, claimed
that India’s exports are growing at 36%, while global trade is growing at 30%.
“
c)
After
a long time, we will see India’s share of world goods trade increase from 1.6
to 1.7 percent,” he added, adding that sectors such as cars, electrical
machinery, and iron and steel contributed to the expansion.
d)
The
world trade is about USD 24 trillion, with India’s exports worth USD 400
billion, indicating “huge” potential.
e)
The
Export Preparedness Index measures a state’s readiness to export in terms of
potential and performance.
4.
Smriti Irani inaugurates ‘Bharat Bhagya Vidhata’ mega Red Fort Festival: Union Minister of
Women and Child Development, Smriti Irani has inaugurated the ten-day mega Red
Fort Festival, ‘Bharat Bhagya Vidhata’ at Red Fort in Delhi. The Red Fort
festival has been organised by the Union Ministry of Culture, as part of Azadi
ka Amrit Mahotsav. The ministry has collaborated with the Dalmia Bharat Group
(DBG) to organise the event as DBG has adopted the Red Fort as its Monument
Mitra. The festival will commemorate the heritage, culture and diversity of
every part of India.
The festival aims to commemorate the
heritage of the country and the culture of every part of India. The festival
Bharat Bhagya Vidhata will help everyone to appreciate the diversity of India.
More than 70 master craftsmen have displayed their craftsmanship at the venue.
5. An
auspicious celebration of spirit of the Tribe culture: Aadi Bazaar: In keeping with the
sequence of Aadi Bazaars – A Celebration of the Spirit of Tribal Culture and
Cuisine, a new one opened on March 26th, 2022 in Ekta Nagar, Kevadia, Statue of
Unity in Gujarat’s Narmada district. The 11-day exhibition, which began on
March 26 and ended on April 5, was inaugurated by Smt. Nimishaben Suthar,
Minister of State for Tribal Development, Health, Family Welfare, and Medical
Education, Government of Gujarat, in the august presence of Dr. Kuberbhai
Manshukhbhai Dindor, Minister of State for Higher and Technical Education,
Legislative and Parliamentary Affairs, Government of Gujarat; Shri Ramsinh
Rathwa, Chairperson, TRI. Key Points:
a)
More
than 100 exhibitors will represent more than 10 states from throughout the
country at the bright 11-day exhibition offering organic tribal goods and handcrafted
wares at the landmark monument, Statue of Unity.
b)
The
efforts of Bharat Ratna Sardar Vallabhbhai Patel, India’s First Deputy Prime
Minister, are largely responsible for the country’s unity. As a result, one of
his key goals for the country was for it to be inclusive and united.
c)
This
magnificent monument, the world’s tallest statue, is a homage to the values
that Sardar Patel preached and upheld. In addition, this district is
predominantly a tribal region.
INTERNATIONAL UPDATES:
1.
UNEP Report: Dhaka is world’s most noise polluted city: Dhaka, the capital
city of Bangladesh, has been ranked as the most noise polluted city globally,
according to the recent ‘Annual Frontier Report, 2022’ published by the United
Nations Environment Programme (UNEP). As per the report, the city recorded
noise pollution of 119 decibels at its highest (dB) in 2021. Uttar Pradesh’s
Moradabad came second in the list with noise pollution of 114 decibels.
Islamabad, the capital of Pakistan is third, with maximum noise pollution of
105 dB.
Important points of the report:
a)
The
quietest cities in the world as per the report are Irbrid at 60 dB, Lyon at 69
dB, Madrid at 69 dB, Stockholm at 70 dB, and Belgrade at 70 dB.
b)
The
other four most noise polluted cities in India in the list are Kolkata (89 dB),
Asansol (89 dB), Jaipur (84 dB), and Delhi (83 dB).
c)
A
total of 61 cities from around the world have been ranked in the report, out of
which 13 cities are from South Asia, while 5 among them are from India.
Guidelines of WHO: The WHO guidelines
state that sounds with a frequency of over 70 dB are considered harmful to
health. For residential areas, the sound limit of 55-dB are standard, while for
traffic and business sectors, this limit is 70 dB.
Note: UNEP Headquarters: Nairobi, Kenya;
UNEP Head: Inger Andersen; UNEP Founder: Maurice Strong.
2.
Kiran Mazumdar-Shaw named for Fellow of Royal Society of Edinburgh: Kiran
Mazumdar-Shaw, the executive chairperson of Biocon and Biocon Biologics, has
been elected as a fellow of the Royal Society of Edinburgh (RSE) in Scotland.
She will be joining RSE’s current fellowship of around 1,700 fellows who are
recognised as being some of the greatest researchers and practitioners working
in or with Scotland.
RSE is one of the world’s oldest and most
respected academic societies. Fellows are elected to join the RSE from across
the fields of science, arts, education, business and public life in recognition
of their impact in improving the world around them. The Biocon chief is among
the 80 luminaries to be appointed to the RSE’s Fellowship this year.
OTHER UPDATES:
SPORTS
1.
SAFF U-18 Women’s Championship title 2022 won by Indian women’s team: India has been
declared the winner of the 3rd edition of the SAFF U-18 Women’s Football
Championship. The 2022 edition of the international football competition for
women’s under-18 national teams was held in Jharkhand at JRD Tata Sports
Complex, Jamshedpur. The valuable player of the tournament and the highest goal
scorer was Lynda Kom who scored five goals in total.
Although India lost to Bangladesh, 0-1 in
the final league match, but still emerged champions of the tournament on
account of better goal difference. India enjoyed a better goal difference of
+11 in comparison to +3 of Bangladesh.
BANKING AND FINANCE
1.
RBI Governor Shaktikanta Das inaugurated RBIH in Bengaluru: RBI Governor
Shaktikanta Das inaugurated the Reserve Bank Innovation Hub (RBIH) in Bengaluru
on Thursday, which was established with a Rs 100 crore initial capital
contribution to foster and nurture financial innovation. According to the
central bank, the Hub has an independent Board with Senapathy (Kris)
Gopalakrishnan as Chairman and other notable people from industry and academics
as members. Key Points:
a)
The
RBIH was established as a Section 8 business under the Companies Act of 2013,
with an initial capital contribution of Rs 100 crore, to stimulate and develop
financial innovation in a long-term institutional setting.
b)
RBIH
intends to build an ecosystem that promotes access to financial services and
goods for the country’s low-income people.
c)
The
Hub would bring together several stakeholders in the financial innovation area
(BFSI sector, startup ecosystem, regulators, and academia).
2.
Govt sets Rs 1-trillion infrastructure lending target for DFI for 2022-23: Central Government
has set a target of about Rs 1 trillion for the National Bank for Financial
Infrastructure and Development (NaBFID) for sanctioning loans to the
infrastructure sector in the next financial year i.e 2022-23. NaBFID is a
government-backed Development Finance Institution (DFI) and will start
operations in the first quarter of 2022-23.
BUSINESS AND ECONOMY
1.
Kotak, Axis acquire 7.84% stake each in ONDC: Kotak Mahindra Bank and Axis Bank
have acquired 7.84% stake each in Open Network for Digital Commerce (ONDC).
Before this, SBI (7.84%) and PNB (9.5%) have also acquired a stake in ONDC.
ONDC was incorporated in India on December 30, 2021. It aims for creating an
open public digital infrastructure to develop and transform the Indian digital
commerce ecosystem for both goods and services. Open Network for Digital
Commerce (ONDC) is been managed by Department for Promotion of Industry and
Internal Trade (DPIIT), Ministry of Commerce and Industry.
AWARDS AND HONOURS
1.
Mario Marcel wins the Governor of the year award 2022: Mario Marcel, the
Governor of the Central Bank of Chile, has won the Governor of the year award
at the Central Banking Awards 2022. Banco Central de Chile is the name of the
central bank of Chile.
When Mario Marcel was named governor of the
Central Bank of Chile (BCCh) in October 2016, he took over the leadership of an
institution that had secured a reputation as one of the most independent and
well-run central banks in Latin America. Marcel took steps to further improve
the institution. He changed its internal management structure, reducing the
number of monetary policy meetings from 12 to eight. The BCCh also improved the
quality of its communications in both English and Spanish. But the BCCh’s
reputation, as well as Marcel’s own, would be put to a severe test from 2019.
Oscars
Awards 2022: 94th Academy Awards 2022 announced: The 94th Academy
Awards returned to the Dolby Theater in Hollywood as the top films from the
last year were honoured by the Academy of Motion Picture Arts and Sciences. The
show was hosted by Regina Hall, Amy Schumer and Wanda Sykes, the first time the
award ceremony has had multiple hosts since Anne Hathaway and James Franco
co-hosted the 83rd instalment in 2011.
Full list of winners:
Best Actor in a Leading Role: Will Smith,
“King Richard”
Best Actress in a Leading Role: Jessica
Chastain (The Eyes of Tammy Faye)
Best Picture: CODA
Best International Feature Film: Drive My
Car
Documentary Short Subject: The Queen of
Basketball
Best Directing: Jane Campion (The Power of
the Dog)
Best Actress in a Supporting Role: Ariana
DeBose (West Side Story)’
Best Actor in a Supporting Role: Troy
Kotsur (CODA)
Best Makeup & Hairstyling: The Eyes of
Tammy Faye
Best Cinematography: Dune
Best Original Score: Hans Zimmer (Dune)
Best Visual Effects: Dune
Best Animated Feature Film: Encanto
Best Animated Short Film: The Windshield
Wiper
Best Costume Design: Cruella
Best Original Screenplay: Kenneth Branagh
(Belfast)
Best Adapted Screenplay: Sian Heder (Coda)
Best Live Action Short Film: The Long
Goodbye
Best Sound: Dune
Best Documentary Feature: “Summer of Soul
(…Or, When the Revolution Could Not Be Televised)”
Best Original Song: “No Time To Die” from
“No Time to Die,” music and lyric by Billie Eilish and Finneas O’Connell
Best Production Design: Dune
Best Film Editing: Dune
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