NATIONAL UPDATES:
1. Assam government launches SWIFT project with ADB support: Assam government has launched the Sustainable Wetland and Integrated Fisheries Transformation (SWIFT) project to revitalise 129 Beels and boost Indigenous fish production.The state government’s SWIFT project is funded and supported by the Asian Development Bank (ADB).The total outlay for the project is Rs 800 crore. It aims to revitalise 129 Beels of the state.The project aims to restore nearly 4,000 hectares of beel areas.It will help with flood control, groundwater replenishment, and river flow regulation in the state.The SWIFT project is expected to increase fish production by 1,200 kg per hectare annually in the state.
2. Adani Group Donates ₹ 100 Crore for Skills University in Telangana: The Adani Foundation, which is the corporate social responsibility arm of the Adani Group, has donated ₹ 100 crore to the Telangana government for the establishment of a university that will help young people develop industry-specific skills.The Young India Skills University (YISU) has been established in Hyderabad under the Young India Skills University, Telangana (Public-Private Partnership) Act, 2024, to bridge the gap between industry requirements and academic offerings.
3. NCRTC organises 1st Namo Bharat Diwas in New Delhi: The Namo Bharat Diwas was observed in New Delhi on 21 October 2024 to mark the anniversary of the operation of the Namo Bharat Trains.On 20 October 2023, Prime Minister Narendra Modi inaugurated the 17-kilometer section between Sahibabad and Duhai Depot section of the country’s first Regional Rapid Transit System (RRTS).The first Regional Rapid Transit System of the country is the 82 km long Delhi-Ghaziabad -Meerut Regional Rapid Transit System, being implemented and operated by the National Capital Region Transport Corporation (NCRTC).The high-speed self-propelled trains running on the Regional Rapid Transit System are referred to as the Namo Bharat trains.
4. Kerala launched Citizen Sentinel app to keep tabs on traffic rule violations: Kerala ‘s Minister for Transport K.B. Ganesh Kumar has launched Citizen Sentinel, an app using which members of the public can upload photographs and videos of traffic rule violations in the NextGen Parivahan app.Photos and videos of up to 8 MB of any rule violation can be uploaded in the app, following which Motor Vehicles Department (MVD) officials will verify them. Subsequently, e-challans would be sent to the vehicle owner.The app was developed by the National Informatics Centre (NIC) and is part of the 100-day action plan of the Government of Kerala. The app is ready for use, while challans to violators will be sent shortly.
5. Ministry Approved 50 NH Projects in Manipur, Prioritizes 902 km of Road Development in Hill Areas: The Ministry has approved 50 National Highway projects of 1026 km length in Manipur. Out of this, 44 projects of 902 km length lie in the hills of the State so far.In hills, 8 projects for 125 km have been completed and balance 36 projects of Rs 12000 cr for 777 km are in progress.
In the Annual Plan 2024-25 of the Ministry, there are 2 National Highway projects of Rs 1350 cr for a total length of 90 km which lies in hills.Under CRIF Ministry approves the list of work on State roads as prioritised by the State Government. Out of a total 111 Nos. of works in the priority list given by the State Government, depending on the BOS ratio Ministry has approved 57 Nos. of works in the order of priority. The BOS ratio now stands at 9.81 against the permissible BoS ratio of 4 for hilly States.
6. DoPPW to conduct Nationwide Digital Life Certificate Campaign 3.0 from 1st to 30th November, 2024: The Centre will conduct a month-long campaign from November 1 to promote submission of digital life certificates (DLCs) by pensioners.Pensioners have to submit a life certificate every year in the month of November for continuation of pension.The Department of Pension and Pensioners’ Welfare (DoPPW) will be conducting the third nation-wide digital life certificate campaign which will be held in 800 cities/districts across India from November 1-30.This year the focus will be on promoting face authentication technology. The Campaign will be held in collaboration with Pension Disbursing Banks, India Post Payments Bank, Pensioners’ Welfare Associations, CGDA, DoT, Railways, UIDAI & MeitY to touch all the pensioners in the remotest corners of the country.
7. PFRDA appoints Chitra Jayasimha as NPS Trust Board’s Chairperson: Pension regulator PFRDA has appointed Chitra Jayasimha as the Chairperson of the Board of National Pension System (NPS) Trust .She has been serving the NPS Trust Board as a Trustee since December 2020.Jayasimha has been appointed as Chairperson of NPS Trust in the place of erstwhile Chairman Venkata Rao Yadagani. Yadagani was designated to the position of NPS Trust Chairman on December 12,2023.
INTERNATIONAL UPDATES:
1. WHO certifies Egypt as malaria-free: Egypt was officially declared ‘malaria-free’ by the World Health Organization (WHO).The country became the second country in the world, following Cabo Verde, to be officially declared malaria-free this year. It is also the fifth African nation to receive malaria-free certification from the WHO.Egypt is the third country within the WHO Eastern Mediterranean Region to receive malaria-free certification, achieving this milestone in the region after 14 years. Morocco was declared malaria-free in 2010, following the United Arab Emirates, which received the certification in 2007.With this announcement, a total of 44 countries and one territory have been certified as malaria-free by the WHO.
2. 23 October – Mole Day: Mole Day is celebrated on October 23 each year, from 6:02 a.m. to 6:02 p.m. This date and time are significant because 6.02 x 10²³ is Avogadro’s number, a fundamental constant in chemistry.Theme 2024 – EncantMole Mole Day was first celebrated on October 23, 1980, by a group of chemistry teachers in an effort to inspire students and foster a love for chemistry.
OTHER UPDATES:
DEFENCE
1. India and Oman Conduct Joint Naval Drill ‘Naseem Al Bahr’ coast off Goa: INS Trikand and Dornier Maritime Patrol Aircraft participated in the Indo-Oman bilateral naval exercise Naseem-Al-Bahr with the Royal Navy of Oman Vessel Al Seeb off Goa.The exercise was conducted in two phases: with harbour phase followed by the sea phase.As part of harbour activities, personnel from both Navies engaged in professional interactions, including Subject Matter Expert Exchanges and planning conferences.The exercise helped strengthen interoperability and enhanced understanding of each other’s best practices.
BANKING AND FINANCE
1. Rajasthan government set up Rajasthan Economic Revival Task Force: Rajasthan government has constituted a high-powered Rajasthan Economic Revival Task Force for the holistic economic development of the state.The task force has been set up by the state government in pursuance to the announcement made by the State Finance Minister Diya Kumari in her 2024-25 budget speech.CM Bhajan Lal Sharma will be the Chairman of the Task Force and the Deputy Chief Minister and the Minister of Finance and Tourism, Diya Kumari will be the Deputy Chairman of the Task Force.The Task force will identify key economic sectors, including policy formulation and implementation, skill development and education, infrastructure development, promotion of innovation and technology, promotion of Micro Small and Medium Enterprises (MSME) and startups, tourism and cultural heritage, promotion of green growth.
The task force will be in existence till 31st March 2028.
2. Neowise Unveils India’s First AI-Driven Debt Collection SaaS Tools: Neowise, India’s fastest-growing debt recovery solutions provider, has launched the country’s first generative AI-powered debt collection tools.With the debut of NeoBot, a voice-based debt collection assistant, and NeoSight, an AI call analytics tool, Neowise aims to revolutionise the debt recovery landscape.These tools were developed in collaboration with Bangalore-based generative AI startup, Sarvam AI.These AI-driven solutions tend to improve debt recovery efficiency by 15% and reduce operational costs by 33%.Early trials with three lenders have shown promising results, and Neowise plans to scale these tools to more than 150 lenders across India.
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