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Sunday, September 17, 2023

Daily GK Update- 17th Sept, 2023

 

NATIONAL UPDATES:

 

1. Gov to offer 8 percent subsidy for loans under Vishwakarma Yojana: The government will offer up to 8 percent subsidy for loans given to artisans under the PM Vishwakarma scheme launched by Prime Minister Narendra Modi. Aim: To support the artisans and craftspeople of rural and urban areas across the country financially and also to keep the age-old tradition, culture and diverse heritage alive and flourishing through local products.       Objective: To ensure that they are integrated with the domestic and global value chains.

 

2. Former SBI Chief Rajnish Kumar appointed Chairman of Mastercard India: Mastercard India appointed the former SBI head Rajnish Kumar as its non-executive chairman.  He will guide Mastercard's South Asia executive leadership team led by Gautam Aggarwal,in navigating the vibrant domestic payments landscape. The veteran banker has nearly four decades of experience in India's largest bank.  He held various leadership roles in the bank managing critical operations across India, the UK and Canada.

 

3. G20 Framework Working Group's final meeting to begin in Raipur: The fourth and final meeting of the G20 Framework Working Group, FWG under the Indian G20 Presidency began in Raipur.  Aim: To facilitate discussions on the latest global economic outlook and policy guidance on key macroeconomic issues.  The RBI will host a series of Jan Bhagidari events, including panel discussions on digital banking and financial inclusion, financial literacy programs, a G20 awareness program, a painting contest, and a slogan-writing contest.

 

4. CMAI launches Curtain Raiser for India’s largest apparel show: The Clothing Manufacturers Association of India (CMAI) has taken a significant leap onto the global stage by introducing the "Brands of India" initiative in Dubai.  Aim: To establish a new trade corridor encompassing shipping and railways across the Middle East, ensuring trade route stability and resilience for the future. It is a collaborative effort with several countries including the UAE, Saudi Arabia, the US, Germany, France, Italy, and the EU.

 

5. Sarbananda Sonowal inaugurates PM Viswakarma scheme in Guwahati: Union Minister Sarbananda Sonowal inaugurated the PM Viswakarma scheme in Guwahati. This scheme would help the traditional artisans of the countryand also help in preserving our age-old culture and heritage through art and craft.  He also highlighted the great experience of visiting the exhibition showcased on the occasion and interacting with the artisans and craftsmen. During training times Rs.500 per day allowance will be provided to the Viswakarma friends.

 

6. Gujarat passes bill reserving 27% local body seats for OBCs: The Gujarat Assembly has passed the Gujarat Local Authorities Law (Amendment) Bill 2023 by a majority vote to raise reservation for Other Backward Class (OBC) communities in local self-government bodies to 27 percent from the current 10 percent. The Bill provides for a 27 percent quota for over 160 communities listed under OBC in Gujarat, in municipal corporations, municipalities and panchayats, making Gujarat the fourth state in the country to provide for such reservation. The new law will lead to amendments in the Gujarat Provincial Municipal Corporation Act, 1949, governing the eight municipal corporations, besides the Gujarat Municipalities Act and the Gujarat Panchayat Act. Currently, the quota reserved for SC is 7 percent and for ST it is 14 percent in the local self-government bodies. The population of OBCs in the state is estimated to be 52 percent in rural areas and 46.43 percent in urban areas, with an average population of 49 percent in the entire state.

 

7. Rahul Navin appoints as interim Director of ED: Indian Revenue Service (IRS) officer Rahul Navin has been appointed as the interim director of probe agency Enforcement Directorate till the appointment of a regular director. Navin is a distinguished IRS officer of the 1993 batch. He replaced outgoing director Sanjay Kumar Mishra. Rahul Navin currently holds the post of Special Director in the Enforcement Directorate. Sanjay Kumar Mishra initially assumed the role of Director in the Enforcement Directorate for a two-year tenure from November 19, 2018. The central government later issued an order on November 13, 2020, which extended Mishra’s tenure from two years to three years with retrospective effect.

 

INTERNATIONAL UPDATES:

 

1. World Patient Safety Day is observed on 17th September: World Patient Safety Day is celebrated on 17th September Objective: To increase public awareness and engagement, enhance global understanding, and work towards global solidarity and action by Member States to enhance patient safety and reduce patient harm. The theme of World Patient Safety Day 2023 is "Engaging patients for patient safety", in recognition of the crucial role patients, families, and caregivers play in the safety of health care.

 

2. India hosts inaugural UNCITRAL South Asia Conference: India hosted the inaugural United Nations Commission on International Trade Law (UNCITRAL) South Asia conference from 14 to 16 September. Aim: To further India’s engagement with UNCITRAL and encourage interaction between UNCITRAL, judiciary, bureaucracy, academia, and the legal fraternity. It is described as “the principal legal entity within the United Nations system dedicated to international trade law.

 

3. Cabinet approves signing of an MoU between India and Armenia: The Government has approved the signing of an MoU between the Ministry of Electronics and Information Technology of India and the Ministry of High-Tech Industry of Armenia on Cooperation in the field of sharing successful Digital Solutions implemented at the Population Scale for Digital Transformation. The MoU intends to promote closer cooperation and exchange of experiences and digital technologies-based solutions in the implementation of digital transformational initiatives of both the country. It envisages improved collaboration leading to employment opportunities in the field of IT. The MoU will remain in force for a period of three years. In another decision of the Cabinet Meeting, the Centre also approved the signing of similar MoUs with Antigua and Barbuda and Sierra Leone on Cooperation in the field of sharing successful Digital Solutions implemented at the Population Scale for Digital Transformation.

 

OTHER UPDATES:

 

SPORTS

 

1. India beats Sri Lanka by 10 Wickets in Colombo to win Asia Cup 2023 title: The Indian cricket team bagged Asia Cup 2023 in Colombo by defeating Sri Lanka. India's Mohammed Siraj brought Sri Lanka down to their knees with a six-wicket haul.  He was followed by Hardik Pandya who took three wickets, along with one wicket by Jasprit Bumrah. Mohammed Siraj was declared player of the match and Kuldeep Yadav player of the series.  Ishan Kishan at 23 and Shubman Gill at 27 remained unbeaten.

 

BANKING AND FINANCE

 

1. Odisha Govt signs MoU with six public sector banks to provide banking: The Odisha government has signed an MoU with six public sector banks for providing banking services in all unbanked gram panchayats (GPs) of the state through customer service point (CSP) Plus banking outlets. These banks were the State Bank of India, Punjab National Bank, Union Bank of India, UCO Bank, Bank of India and Bank of Baroda. The banking penetration in the state is quite low and not uniform across the districts. As many as 4,373 out of 6,798 GPs not have brick-and-mortar branches. That means around 65 percent of GPs do not have such bank branches. Since banking is an essential service for financial inclusion, every GP of the state needs to be provided with a brick-and-mortar branch for easy access to banking services. In view of this, the state has come forward with a scheme for providing banking services to every GP through CSP Plus banking outlets. The scheme will be implemented in a phased manner to cover unbanked GPs of the state within the current financial year 2023-24. The state government will provide rent-free banking space for five years. It will also bear one-time expenses for fixed costs and recurring expenses for a period of three years.

 

AWARDS AND HONOURS

 

1. Jagdeep Dhankhar conferred Sangeet Natak Akademi Amrit Awards: Vice President Jagdeep Dhankhar conferred the Sangeet Natak Akademi Amrit Awards 2023 to 84 performing artists in New Delhi.  The special achievement awards were given to artists above the age of 75 from all over India who have not been bestowed any national honour yet. The honour carries purse money of one lakh rupees along with Tamrapatra and Angavastra. It is a national honour bestowed on performing artists as well as teachers and scholars in the field of arts.

 

OBITUARIES

 

1. Mircea Snegur, first president of Moldova, dies at 83: oldova's first president, Mircea Snegur, passed away at the age of 83, former Moldovan vice-premier Constantin Tampiza said on Thursday. He was a former communist, was president from 1990 to 1997, overseeing Moldova's breakaway from the Soviet Union and transition to independence. In August 1989, he was chairman of the Presidium of the Soviet Moldova Supreme Council, Snegur initiated the move making Romanian the official state language.

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