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Friday, April 22, 2022

Daily GK Update- 22nd April, 2022

 

NATIONAL UPDATES:

 

1. PM Modi laid the foundation stone for Who Global Center For Traditional Medicines: The World Health Organization launched its Global Centre for Traditional Medicine at a site in Gujarat, aimed at unlocking its potential by blending ancient practices with modern science. During the event, the WHO chief Tedros Ghebreyesus spoke in Hindi which surprised all. The WHO chief Tedros Ghebreyesus and Prime Minister of Mauritius Shri Pravind Kumar Jugnauth were present at the event.

Traditional medicines products abound globally and the centre will go a long way in bringing the promise of traditional medicine to fruition. The New Centre will focus on data, innovation and sustainability and will optimize the use of traditional medicine. He noted that the WHO global centre for traditional medicine is a truly global project. Through this centre, India will be able to take its knowledge of traditional medicine to the world and similarly, the world will come to India.

 

2. Nation’s first portable solar rooftop system unveiled in Gandhinagar: The first portable solar rooftop system in India has been inaugurated at Swaminarayan Akshardham temple complex in Gandhinagar, Gujarat. The 10 Photovoltaic PV Port system has been manufactured by New Delhi-based Servotech Power Systems Ltd and designed by the German development agency Deutsche Gesellschaft fur Internationale Zusammenarbeit (GIZ). The systems have been installed under the initiative of the Union Ministry of New and Renewable Energy to develop renewable energy cities across India.

The PV Ports have been manufactured by New Delhi-based Servotech Power Systems Ltd (SPSL), a leading maker of high-end solar products like LEDs, oxygen concentrators and EV charging equipment under the Make in India project, it added. The PV Port system is highly cost-effective, requires low maintenance, has a long shelf life of 25-30 years, can be easily installed by a single person and is ideal for the Indian climate.

 

3. Supreme Court reconstitutes expert committee for Delhi-Dehradun Corridor project: The Supreme Court of India has reconstituted the expert committee to monitor the compensatory afforestation and other mitigation measures for the Delhi-Dehradun Economic Corridor Expressway project. The independent 12-member expert committee was formed by the National Green Tribunal (NGT) to be headed by Sukhbir Singh Sandhu Chief Secretary, Uttarakhand. About the committee:

a)      The Director-General of Forests, Ministry of Environment, Forests and Climate Change will be the Chairperson of the reconstituted Committee.

b)      Chandra Prakash Goyal is currently appointed as the Director-General of Forests and Special Secretary to the Government of India, Ministry of Environment, Forest and Climate Change.

c)       Apart from the new Chairperson, the Supreme Court has also included Anil Prakash Joshi (founder of Himalayan Environmental Studies and Conservation Organisation) and Vijay Dhamsana (environmentalist) as additional members in the committee.

 

4. Ayushman Bharat-Health & Wellness Centre Scheme marked 4th year anniversary; The Union Health minister Mansukh Mandaviya, organised a week-long celebration under the “Azadi Ka Amrit Mahotsav”, marking the fourth anniversary of Ayushman Bharat- Health and Wellness Centres (AB-HWCs) from April 16 to April 22. The inauguration of the first AB-HWC on 14th April 2018, at Jangla, a serene village in the Bijapur District of Chhattisgarh.

Key Points:

a)      On April 16, 2022, a record of more than 3 lakh teleconsultations were done under the eSanjeevani platform of AB-HWCs. This is the highest number of telecommunications done on a single day, surpassing its earlier record of 1.8 Lakh teleconsultations per day.

b)      On the second day, i.e. On April 17, 2022, Yoga sessions were organised in all the AB-HWCs to highlight the integration of health and wellness in service provision at AB-HWCs.

c)       The third day begins with organising ‘Block Health Melas’ from 18 April to 22 April, in at least one block in each district of the State/Union Territories (UTs). Each Block Health Mela would be for one day and each block in the State/UTs is to be covered.

d)      The Block Health Melas provide screening for early diagnosis of Tuberculosis (TB), Hypertension, diabetes, basic health care services with drugs and diagnostics along with teleconsultation with relevant health specialists.

e)      The Government of India is committed to establishing 1,50,000 AB-HWCs by December 2022. Of which 1,17,400 HWCs have been already established, also more than 1 Lakh Centres have registered for the e-Sanjeevani HWCs portal.

 

INTERNATIONAL UPDATES:

 

1. Shanti Sethi appointed as Kamala Harris’s defence advisor: Indian-American Navyveteran Shanti Sethi has been appointed as USA Vice President Kamala Harris’s Defence Adviser. Shanti Sethi is the first Indian-American commander of a major US Navy combat ship. Shanti Sethi commanded the guided-missile destroyer, USS Decatur, from December 2010 to May 2012. She joined the Navy in 1993. When she joined the Navy in 1993, the combat exclusion law was still in effect so she was limited in what she could do. However, when she was an officer, the Exclusion Act was lifted.

Recently, US Senate has confirmed the appointment of Ketanji Brown Jackson (the first Black woman) to Supreme Court Judge.

 

2. Cyrus S. Poonawalla tops Hurun Global Healthcare Rich List 2022: Chairman and Managing Director of Serum Institute of India (SII), Dr Cyrus S. Poonawalla has topped the Hurun Global Healthcare Rich List 2022 and became the richest billionaire in the healthcare sector 2022. He has topped the list with a new value of USD 26 billion (up 41%). Cyrus Poonawalla is followed by Thomas Frist Jr & Family of HCA Healthcare, Li Xiting and Xu Hang of Mindray at the 2nd position with a net value of USD 19 billion. Dilip Shanghvi & Family, of the Sun Pharmaceuticals, is at the 5th position with a net worth of USD 18 billion.

Country-Wise: China (34) has the most healthcare industry billionaires, followed by the United States of America (16), Switzerland (15), Germany (11), and India (9).

 

3. International Mother Earth Day: 22th April: World Earth Day, also known as International Mother Earth Day, is celebrated every year on April 22. The day focuses on the global climate crisis that is worsening with each passing day. World Earth Day 2022 will mark the 52nd Anniversary of the day since it started being observed in 1970. Earth Day was renamed officially by the UN in 2009 as International Mother Earth Day. The theme of Earth Day 2022 is to ‘Invest in our planet’.

History of Earth Day: Earth Day was first celebrated on April 22, 1970. This was when the peace activist John Mc Connell proposed to honour Mother Earth and the concept of peace during a UNESCO conference in San Francisco. Notably, World Earth Day was earlier decided to be celebrated on March 21, 1970, as the day one of spring in the Northern Hemisphere. Thereafter, US Senator Gaylord Nelson proposed to hold nationwide environmental enlightenment on April 22, 1970, which was later renamed ‘Earth Day.

Note: UNEP Headquarters: Nairobi, Kenya; UNEP Head: Inger Andersen; UNEP Founder: Maurice Strong; UNEP Founded: 5 June 1972, Nairobi, Kenya.

 

OTHER UPDATES:

 

SPORTS

 

1. Indian GM D Gukesh won 48th La Roda International Open chess tournament title: Indian Grandmaster Dommaraju Gukesh has clinched the 48th La Roda International Open chess tournament title in Castile-La Mancha, Spain. He defeated Israel’s Victor Mikhalevski in the final round. GM Haik M. Martirosyan from Armenia placed second with 7.5 points. Indian GM Rameshbabu Praggnanandhaa finished third followed by Raunak Sadhwani (India), Manuel Lopez Martinez Josep (Spain) and Ramon Martinez (Venezuela).

 

BANKING AND FINANCE

 

1. Reserve Bank of India capped lending limits of NBFCs: The Reserve Bank of India (RBI) has tightened the rules for non-banking finance companies (NBFCs) relating to their large exposures. RBI capped aggregate exposure of NBFCs which are in the upper layer toward one entity at 20% of the capital base. The limit can only be extended by another 5% with the board’s approval.

For a particular borrower group, the cap is at 25%, with an additional 10% if exposure is towards infrastructure. The upper-layer NBFCs are typically the top 10 ones in terms of asset size. However, NBFCs that are into infrastructure finance can have exposure of 25 per cent, with an option of an additional 5 per cent of Tier I capital to a single counterparty. For a group of connected counterparties, infrastructure companies can have an exposure of 35 per cent of Tier-I capital. These norms will come into effect from October 1, 2022.

Note: RBI Founded: April 1, 1935; RBI Headquarters: Mumbai, Maharashtra; RBI Governor: Shaktikanta Das

 

BUSINESS AND ECONOMY

 

1. IMF cuts India’s GDP growth forecast for FY23 to 8.2%: The International Monetary Fund (IMF) has slashed the gross domestic product (GDP) growth forecast for India in FY23 to 8.2 per cent in its latest World Economic Outlook report, released on April 19, 2022. Earlier in January report, this was estimated at 9 per cent. IMF has also cut India’s FY24 GDP growth forecast to 6.9 per cent. Earlier this was 7.1 per cent. In the case of the global economy, IMF has cut the growth forecast for the calendar year 2022 to 3.6 per cent from 4.4 per cent.

 

2. World Bank cuts global economy growth forecast to 3.2%: The World Bank has lowered the global growth forecast for 2022 to 3.2%. Earlier this was estimated at 4.1%. The downward revision is due to the impact of Russia’s invasion of Ukraine on the world economy. The reason for lowering the projection is that people are facing reduced commercial activity and trade, and the debt crisis and currency depreciations have placed a heavy burden on the poor. The world is also facing reversals in development in education, health and gender equality.

Note: World Bank Founded: July 1944, United States; World Bank Headquarters: Washington DC, USA; World Bank President: David Robert Malpass; World Bank Member Countries: 189 (including India).

 

3. Wipro named Satya Easwaran as country head of India: IT major Wipro has announced the appointment of Satya Easwaran as the Country Head for India. He will be in charge of strengthening Wipro’s business in India across segments through strategic consulting, transformation and modernisation engagements. He will help clients leverage Wipro’s capabilities and investments in cloud, digital, engineering R&D, data/analytics and cybersecurity. “India is a strategic market for Wipro.

Note: Wipro CEO: Thierry Delaporte; Wipro Founder: M.H. Hasham Premji; Wipro Founded: 29 December 1945, India; Wipro Owner: Azim Premji; Wipro Headquarters: Bengaluru.

 

AWARDS AND HONOURS

 

1. IndusInd Bank won global ‘Celent Model Bank’ Award for its EPH initiative: IndusInd Bank has been awarded the global ‘Celent Model Bank’ award under the category of ‘Payments System Transformation’ for building a best-in-class Enterprise Payments Hub (EPH). The award recognises the Bank’s outstanding journey in creating a cloud-based central payments hub. The award is given by Celent, leading research and advisory firm focused on technology for financial institutions globally. This payment hub is capable of seamlessly processing high transaction loads originating across all forms of payment instructions, and across all originating client touchpoints.

Note: IndusInd Bank Founded: 1994; IndusInd Bank Headquarters: Mumbai, Maharashtra; IndusInd Bank MD & CEO: Sumant Kathpalia; IndusInd Bank Tagline: We Make You Feel Richer.

 

DEFENCE

 

1. National Level Pollution Response Exercise ‘NATPOLREX-VIII’ of Indian Coast Guard begins: The Indian Coast Guard (ICG) kicked off the 8th edition of the two-day National Level Pollution Response Exercise, ‘NATPOLREX-VIII’, on April 19, 2022, off Mormugao harbour, Goa. The marine spill preparedness exercise was inaugurated by Defence Secretary Dr Ajay Kumar. The exercise is being attended by more than 85 participants from 50 agencies, including 29 observers from 22 friendly foreign countries & International Organisations and two Coast Guard ships from Sri Lanka and Bangladesh.

The objective of the Exercise:

a)      The objective of NATPOLREX-VIII is to enhance the preparedness and response capability of all the stakeholders in combating marine spills.

b)      It aims at validating the procedures and guidelines as contained in the National Oil Spill Disaster Contingency Plan (NOSDCP) at the national and regional levels under the aegis of SACEP MoU to which India is a member state.

c)       During the exercise, various components of NOSDCP were invoked to validate and improve the contingency plans and evaluate the preparedness of the resource agencies as well as stakeholders to meet any marine spill disaster at sea.

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