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Important Current Affairs 10th May 2021

NATIONAL

Yash Raj Films launched relief scheme

• Bollywood production house Yash Raj Films has announced a relief scheme under the 'Yash Chopra Saathi Initiative,' named after the founder filmmaker, to help daily wagers employed on movie sets.

• This would include ration kits to families of four and Rs. 5000 to accounts of women, and senior citizens.

Centre Released nearly Rs. 9000 cr to Panchayats

• The Department of Expenditure has released an amount of ₹8,923.8 crore in advance to 25 states for providing grants to the Rural Local Bodies (RLBs) because of the coronavirus pandemic, the ministry of finance said on Sunday.

• "The amount released on Saturday is the first instalment of the ‘Untied Grants’ for the year 2021-22. It may be utilised by the RLBs, among other things, for various prevention and mitigation measures needed to combat the COVID-19 pandemic. Thus, it will augment resources to the three tiers of Panchayats for fighting the contagion.

ESIC installed oxygen generation plant

• The Employees State Insurance Corporation, under the Ministry of Labour and Employment, has installed oxygen generation plants at its two hospitals in Delhi NCR area. These include a 440 litres per minute (LPM) capacity plant at the ESIC Hospital and Medical College in Faridabad and another plant of 220 LPM capacity at ESIC Hospital in Jhilmil, New Delhi yesterday.

• Labour Ministry said this will enable these hospitals to augment the availability of ICU and Ventilator beds. The Corporation is actively helping fight the battle against Covid-19 by quickly converting its 30 hospitals all over the country into Covid dedicated facilities. These hospitals have around 4200 beds, including 300 ICU beds and 250 ventilator beds.

IIT Madras develops blockchain-based system

• Researchers from the Indian Institute of Technology (IIT), Madras, have come up with an innovative way to digitise healthcare information systems using blockchain-based technology.

• The blockchain-based medical data and information exchange system for a mobile phone application called ‘BlockTrack’ is claimed to be a first-of-its-kind innovation in the country. It’s being field-tested currently at the IIT’s hospital.

• According to a press release from IIT-M, BlockTrack aims to securely digitise healthcare information systems while ensuring the protection of sensitive personal information and medical records by decentralising the control and ownership of patient data, through a blockchain-based innovation.

SPORTS

Aryna Sabalenka wins her Maiden Madrid Open Women’s singles title

• In tennis, the world number seven, Aryna Sabalenka of Belarus, defeated world number one Ashleigh Barty of Australia to win the 2021 Madrid Open women’s singles title. This Sabalenka’s 10th career WTA singles title, second WTA title of the season and first on clay court. Madrid Open is a professional WTA tennis tournament played on outdoor clay courts. Sabalenka beat Australian player Barty with 6-0, 3-6, 6-4.

• In the women’s doubles final, Barbora Krejcikova and Katerina Siniakova, from the Czech Republic, defeated Gabriela Dabrowski of Canada and Demi Schuurs of France 6-4, 6-3.

OBITUARY

Olympic gold Medalist MK Kaushik dies

• Former India hockey player and coach MK Kaushik died of Covid-19 in New Delhi on Saturday. He was 66. Kaushik passed away hours after his former India teammate Ravinder Pal Singh died of Covid-19 in Lucknow on Saturday.

• MK Kaushik, a gold-medal winning member of the Indian hockey team from the 1980 Olympics in Moscow, was battling severe lung issues and he was put on ventilator support at a hospital in the capital city.

IMPORTANT DAYS

BRO celebrates 61st raising day on 7th May

• The Border Roads Organisation (BRO) was formed on 7 May 1960, with the primary goal of securing India’s borders and developing infrastructure in remote areas of India’s north and northeastern states. On 7 May 2021 BRO celebrated its 61st Raising Day (foundation day).

• It is a leading road construction agency under the Ministry of Defence.

• Its primary role is to provide road connectivity in India’s border areas. It also creates upgrades and maintains infrastructure along borders to meet India’s overall tactical and strategic goals.

SUMMITS AND MOU’S

PM Modi Participates in Virtual India-EU Leaders’ Meeting

• Prime Minister Narendra Modi participated in the India-EU Leaders’ Meeting, held in a hybrid format. The India-European Union Leaders’ Meeting is hosted by Portugal. Portugal currently holds the chair of the grouping. PM Modi attended the event at the invitation of the President of the European Council Mr Charles Michel.

• The leaders of all the 27 EU Member States, as well as the President of the European Council and the European Commission, participated in the meeting. This is the first time that the EU hosted a meeting with India in the EU+27 format.

BANKING AND ECONOMY

ADB to end coal, gas financing

• The Asian Development Bank will no longer finance coal mining or oil and natural gas production and exploration, it announced in a draft policy statement on Friday, a move welcomed by environmental groups.

• The multilateral development bank, which focuses on eradicating poverty in Asia, provided no timeline for its commitment. It also laid out conditions under which fossil fuel projects would continue to receive funding, such as where no other cost-effective technology was available.

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Important Current Affairs 28th January 2021

NATIONAL

India pledges $150,000 for UN Peacebuilding Fund for 2021

• India has announced a pledge of USD 150,000 to the United Nations Peacebuilding Fund (PBF) for the year 2021 to support the activities and programs this year. The Peacebuilding Fund has put forth its five-year strategy, which requires 1.5 billion dollars for 2020-2024. This was announced by TS Tirumurti, India’s permanent representative to the United Nations on January 25, 2021.

• UN Secretary-General António Guterres expressed that he was grateful to the countries that committed to providing over $439 million in support of the UN’s work toward peacebuilding & conflict prevention through the UN Peacebuilding Fund.

TCS ranks third most valued IT services brand globally

• Tata Consultancy Services (TCS) has been ranked third most-valued IT services brand globally, after Accenture and IBM, according to a report by Brand Finance. Third-ranked TCS is rapidly closing the gap with IBM following a healthy 11% brand value increase to USD 15 billion.  Accenture retained the title of world’s most valuable and strongest IT services brand with record brand value of USD 26 billion, while IBM continued at the second place with a brand value of USD 16.1 billion.

• Four Indian IT services companies have secured spots in the top-10 globally, namely, TCS (3), Infosys (4), HCL (7) and Wipro (9). Accenture has retained the title of world’s most valuable and strongest IT services brand with a brand value of $26 billion.

CM Shivraj Singh Chouhan launches ‘PANKH Abhiyan’ for Girl Child

• In Madhya Pradesh, Chief Minister Shivraj Singh Chouhan has launched a new scheme ‘PANKH Abhiyan’ on 24 January, to mark the occasion of National Girl Child Day. The scheme has been launched under the ‘Beti Bachao Beti Padhao’ scheme for the empowerment and growth of the girl child. The CM also announced scholarships worth Rs 6.47 crore for 26,099 girls under Ladli Laxmi Yojana.

• ‘PANKH Abhiyan’ is a year-long programme. The letter in the PANKH scheme stands for:

‘P’ – protection

‘A’ – awareness of their rights

‘N’ – nutrition

‘K’ – knowledge

‘H’ – health.

UP becomes first Indian State to have 2 Expressway airstrips

• In Uttar Pradesh, a new 3,300-metre-long airstrip has been constructed near Kurebhar on Purvanchal Expressway. With this new airstrip, Uttar Pradesh has become the first state in India having two airstrips on expressways. Uttar Pradesh also has an airstrip on Lucknow-Agra Expressway. Airstrips on expressways are designed to facilitate emergency landing and take-off of fighter planes.

• Earlier, the Indian Air Force had examined Yamuna Expressway and Agra Expressway. Aircraft like Mirage 2000, Jaguar, Sukhoi 30 and Super Hercules had already landed on Lucknow-Agra Expressway.

• Uttar Pradesh government is trying to connect the entire northern part of the country with expressways.

• The Hindon and Agra airbases of the Indian Air Force will be able to use the runway of all three expressways if needed.

• Also, these airstrips of Uttar Pradesh can serve the Air Force to respond against China and Pakistan in case of any war.

DRDO successfully conducts maiden test launch of Akash-NG Missile

• The Defence Research and Development Organisation (DRDO) conducted successful maiden launch of Akash-NG (New Generation) Missile from Integrated Test Range off the coast of Odisha. Akash-NG is a new generation Surface-to-Air Missile for use by Indian Air Force (IAF) with an aim of intercepting high manoeuvring aerial threats. The launch met all the test objectives by performing high maneuvers during the trajectory.

• The performance of the Command and Control system, onboard avionics and aerodynamic configuration of the missile was successfully validated during the trial. The Multi Function Radar was tested for its capability of integration with the system. The Akash-NG system has been developed with better deployability compared to other similar systems with canisterized launcher and much smaller ground system footprint.

IMPORTANT DAYS

International Day of Commemoration in memory of the victims of the Holocaust

• International Day of Commemoration in memory of the victims of the Holocaust (International Holocaust Remembrance Day) is observed on 27 January every year since 2006 to commemorate the anniversary of the tragedy of the Holocaust that occurred during the Second World War. A genocide occurred during World War II in which Nazi Germany, aided by its collaborators, systematically murdered some six million European Jews, around two-thirds of the Jewish population of Europe, between 1941 and 1945.

• The theme of the International Holocaust Remembrance Day 2021 is “Facing the Aftermath: Recovery and Reconstitution after the Holocaust”.

SUMMITS AND MOU’S

India Inks Strategic Partnership Agreement with IEA

• India has inked a strategic partnership agreement with the International Energy Agency (IEA), the world’s premier energy monitor, on 27 January 2021. The objective of the MoU is to strengthen cooperation in global energy security, stability and sustainability as well as strengthen mutual trust and cooperation between IEA members and the Government of India.

• The Memorandum of Understanding (MoU) was signed between Power Secretary Sanjiv Nandan Sahai and IEA Executive Director Fatih Birol. This deal will help India to gain full membership of IEA.

AWARDS AND RECOGNITION

Rajendra Kumar Bhandari wins Subhash Bose Aapda Prabandhan Puraskar 2021

• The Subhash Chandra Bose Aapda Prabandhan Puraskar 2021 has been conferred upon Dr Rajendra Kumar Bhandari in the Individual category and Sustainable Environment and Ecological Development Society (SEEDS) in Institutional category. The award carries a cash prize of Rs 51 lakh and a certificate for an institution and Rs 5 lakh and a certificate in case of an individual.

• The Government of India announces the award every year on January 23, the birth anniversary of Netaji Subhash Chandra Bose, to recognise and honour the invaluable contribution and selfless service rendered by individuals and organisations in India in the field of disaster management.

51st International Film Festival of India Concludes

• The 51st edition of International Film Festival of India (IFFI) was held from 16 January to 24 January 2021 at Shyamaprasad Stadium near Panaji in Goa. Due to the COVID-19 pandemic, the festival was held in hybrid mode, there was the physical and virtual screening of 50 films out of 224 films across various categories. Bangladesh was a country of focus at the festival. Four films of Bangladesh was included in ‘country of focus’ section.

• Golden Peacock Award for Best Film: Into the Darkness

• Silver Peacock Award for Best Actor (Male): Tzu-Chuan Liu, The Silent Forest

• Silver Peacock Award for Best Actor (Female):  Zofia Stafiej, I Never Cry

• Silver Peacock Award for Best Director: Chen-Nien Ko, The Silent Forest

• Best Debut Director Award: Cássio Pereira dos Santos, Valentina

• Special Mention Award: Kripal Kalita, Bridge

• Special Jury Award: Kamin Kalev, February

• ICFT UNESCO Gandhi Award: Ameen Nayfeh’s 200 Meters

• Indian Personality of the Year Award: Biswajit Chatterjee

• Lifetime Achievement: Vittorio Storaro (Italian cinematographer).

BANKING AND ECONOMY

HSBC inaugurates international banking unit in Gujarat

• Global financial services major HSBC has inaugurated it’s International Banking Unit (IBU) branch at GIFT City near Gandhinagar city in Gujarat. HSBC is one of the earliest global financial institutions setting up a branch at India’s GIFT City and was the first bank to get a licence from the newly set up International Financial Services Centres Authority (IFSCA). HSBC’s IBU branch at Gujarat International Finance Tec-City (GIFT City) will be operational for customer transactions with effect from January 27.

• HSBC has been present in the country for more than 160 years and its fourth branch globally was opened in India. HSBC operates in all of the leading international financial service hubs in the world and looks forward to the development of GIFT City as a globally competitive international financial centre.

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