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Important Current Affairs 9th September 2021

NATIONAL

Chandigarh railway station fifth to get 5-star 'Eat Right Station'

• The Chandigarh Railway Station(CRS) was awarded a 5 star ‘Eat Right Station’ certification for providing high-quality, nutritious food to passengers. The certification was awarded by the Food Safety and Standards Authority of India (FSSAI) upon the conclusion of the FSSAI-empanelled third-party audit agency. CRS was selected to upgrade on the pattern of the World Class Railway Station.

• The certification is part of the ‘Eat Right India’ movement- a large-scale effort by FSSAI to transform the country’s food system to ensure safe, healthy and sustainable food for all Indians.

• According to IRSDC, Eat Right India adopts a judicious mix of regulatory, capacity building, collaborative, and empowerment approaches to ensure that our food is suitable both for the people and the planet.

Ramesh Narayan to be inducted into AFAA's Hall of Fame at AdAsia 2021

• Indian advertising doyen Ramesh Narayan will be inducted into the Asian Federation of Advertising Associations (AFAA) Hall of Fame at AdAsia 2021. The AFAA Hall of Fame sets out to recognise the best of the very best. It’s for those who’ve defined a generation of advertising.

• Ramesh has been honoured with AAAI Lifetime Achievement Award, the International Advertising Association Global Champion Award, the Public Relations Society of India Special Award, the Association of Business Communicators of India Lifetime Achievement Award, and an induction into the Hall of Fame of the India chapter of the IAA.

APPOINTMENT & RESIGNATION

Ashoka Buildcon MD Satish Parekh Appointed

• Ashoka Buildcon Managing Director and promoter Satish Parekh has taken over as the president of the India Chapter of the International Road Federation (IRF). The governing council of the International Road Federation unanimously endorsed Satish Parakh as President, IRF-IC.

• He takes over from Subhmay Gangopadhyay, former director of Central Road Research Institute. The Geneva-based global road safety body IRF is working for better and safer roads worldwide.

OBITUARY

BBC's first Hindi news reader Rajni Kaul dies at 93

• Rajni Kaul who was the first News Broadcaster for BBC Hindi passed away in Faridabad, Haryana. She was 93.

• She was not only the first woman to join BBC Hindi as a staff member but she also became the first woman to read a news bulletin in Hindi on the network in 1961. She was well-known for her programme Indradhanush.

IMPORTANT DAYS

International Day to Protect Education from Attack 2021: 09 September

• International Day to Protect Education from Attack is observed globally on 9th September. In proclaiming the International Day to Protect Education from Attack to be celebrated for the first time in 2020. The purpose of the day is to raise awareness regarding the importance of safeguarding schools as places of protection and safety for students and educators and the need to keep education at the top of the public agenda.

• The day was established by a unanimous decision of the UN General Assembly, calling on UNESCO and UNICEF to raise awareness of the plight of millions of children living in countries affected by conflict. The resolution proclaiming the Day was presented by the State of Qatar and co-sponsored by 62 countries.

AWARDS & RECOGNITION

Author Namita Gokhale honoured with 7th Yamin Hazarika Woman of Substance Award at virtual event

• Writer Namita Gokhale has been chosen as the recipient of the seventh Yamin Hazarika Woman of Substance Award. She was conferred upon the honour recently in a virtual ceremony. She is a co-founder and co-director of the Jaipur Literature Festival, Gokhale also mentors Himalayan Echoes and the Kumaon Festival of Literature and the Arts.

• The award was organised by a collective of women professionals from the year 2015, the annual award honours Yamin Hazarika, the first woman from Northeast India to be selected for DANIPS, a federal police service that administered Delhi and the Union Territories in 1977.

Indian biologist Shailendra Singh has been awarded the Behler Turtle Conservation Award

• Indian biologist Shailendra Singh has been awarded the Behler Turtle Conservation Award for bringing three critically endangered turtle conservation species back from the brink of extinction. Shailendra Singh was named to lead the Turtle Survival Alliance (TSA)/ Wildlife Conservation Society (WCS) India turtle programme.

• The award has been bestowed by several global bodies involved in turtle conservation such as Turtle Survival Alliance, IUCN/SSC Tortoise and Freshwater Turtle Specialist Group, Turtle Conservancy, and Turtle Conservation Fund.

• The Behler Turtle Conservation Award was established in 2006 to recognise outstanding achievements, contributions and leadership excellence in international turtle conservation and biology.

BOOKS & AUTHOR

Book “Gita Govinda: Jaydeva’s Divine Odyssey” by Utpal K. Banerjee

• Union Minister of Culture Shri Kishan Reddy Gangapuram has launched a book titled “Gita Govinda: Jaydeva’s Divine Odyssey” authored by Dr Utpal K. Banerjee. The book is the first-ever fully-rhymed translation of the book GeetaGovindam by great 12th-century poet Jayadeva.

• Union Minister also launched a programme named ‘BujurgonkiBaat–DeshKeSaath’ that aims at enhancing the interaction between the youth and the elder persons who are 95 years and above and thus have spent around 18 years in India before independence.

BANKING AND ECONOMIC

HDFC Bank Signed A MoU With NSIC To Offer Credit Support To MSMEs

• HDFC Bank has signed a memorandum of understanding (MoU) with the National Small Industries Corporation (NSIC) for providing credit support to the micro, small and medium enterprise (MSME) sector. The branches of HDFC bank will extend support to the MSME projects in the areas they are located in and to other important industrial sectors across the country. Under this, the country’s largest private sector bank will also provide MSMEs with a set of specially-tailored schemes to enhance their competitiveness.

• National Small Industries Corporation (NSIC), is an ISO 9001:2015 certified Government of India Enterprise under the Ministry of Micro, Small and Medium Enterprises (MSME).

Karnataka Bank launches 'WisePOSGo' a new POS device in collaboration with Mswipe Technologies Pvt Ltd

• The Karnataka Bank has launched an all-in-one Point-of-Sales (POS) swiping machine dubbed as ‘WisePOSGo’, for its merchant customers to process business payments. The private sector lender has rolled out this POS device in collaboration with Mswipe Technologies Pvt Ltd. The introduction of ‘WisePOSGo’ is yet another step in the direction of expanding the digital payment infrastructure in the country and promote a cashless economy.

• WisePOSGo is a compact, lightweight and user-friendly device, designed to keep in view the specific cost-centric requirements of the bank’s MSME customers.

• Apart from processing payments, merchants can also make calls using the WisePOSGo swiping machine.

BOBaroda tops the MeitY Digital Payment Scorecard for 2020-21

• Bank of Baroda, announced that the bank has Ranked #1 with a total of 86% marks on the scorecard issued by the Ministry of Electronics and Information Technology (MeitY) for the month of February and March 2021. The scorecard ranks 44 banks (Public Sector Banks, Private Banks, Foreign Banks, Payments Banks, Small Finance Banks) on various parameters on the digital business. In the same period last year, BOB was rated “Average” by Meity, which has now been upgraded as “Good”.

• The exceptional growth of digital payment transactions achievement (129% of 137 Cr. Digital transactions target)

• Achievement of 6 times the target for merchant acquiring in Rural geography target (16,100)

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Important Current Affairs 8th September 2021

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NATIONAL

India’s first Dugong Sanctuary to be set up in Tamil Nadu

• Tamil Nadu state government has announced to set up India’s first dugong conservation reserve at the northern part of the Palk Bay. Dugong are commonly known as sea cows. According to Wildlife Institute of India (WII) estimates, only 200-250 Dugongs are left in the wild, of which 150 are found in the Palk Bay and Gulf of Mannar in Tamil Nadu.

• The reserve will span the northern part of the Palk Bay from Adiramapattinam to Amapattinam. The reserve will cover an area of more than 500 sq km.

• Marine biologists and conservationists have long demanded a reserve as the population of dugongs, as known as sea cows, in Indian waters has been dropping to dangerous levels.

• According to Wildlife Institute of India (WII) estimates, only 200-250 Dugongs are left in the wild, of which 150 are found in the Palk Bay and Gulf of Mannar in Tamil Nadu, among the last surviving natural habitats for dugongs in the world.

IAF chief attends three day-long Pacific Air Chiefs Symposium

• Air Chief Marshal RKS Bhadauria attended a three-day-long Pacific Air Chiefs Symposium 2021 at Joint Base Pearl Harbor-Hickam in Hawaii. The event themed ”Enduring Cooperation towards Regional Stability” was attended by air chiefs from countries in the Indo-Pacific region. Bhadauria was nominated as the Dean for the symposium.

• India, the US, Australia, Japan and many other like-minded countries are working towards ensuring a free, open and inclusive Indo-Pacific. The symposium saw deliberations through panel discussions, tabletop exercises and keynote addresses on topics ranging from aspects of regional security to cooperation amongst air forces for humanitarian and disaster relief operations.

PM Modi inaugurates 'Shikshak Parv' conclave

• Prime Minister Narendra Modi has inaugurated the “Shikshak Parv-2021” and addressed the inaugural conclave through a video conference. The theme of ‘Shikshak Parv-2021’ is “Quality and Sustainable Schools: Learnings from Schools in India”. The event was organised by the Ministry of Education, will continue to be celebrated from September 07 to 17, 2021.

• The objective of the Shikshak Parv-2021 is to encourage innovative practices to ensure not only continuity of education at all levels but to improve quality, inclusive practices and sustainability in the schools across the country as well.

• As a part of the event, PM launched five key schemes under the National Education Policy, NEP 2020.

Atmanirbhar Corner to be set up by TRIFED in 75 missions

• Tribal Cooperative Marketing Development Federation of India (TRIFED) in collaboration with the Ministry of External Affairs, is setting up an Atmanirbhar Bharat corner in 75 Indian Missions/ Embassies across the world in the next 3 months. The first such Atma Nirbhar Bharat corner was successfully inaugurated at Indian Embassy in Bangkok, Thailand on August 15, 2021. Apart from this, TRIFED will also be establishing Atmanirbhar corners in 75 embassies of foreign countries set up in India.

• As India moves ahead with its strategy for India@75 and focuses on converting development into a mass movement, TRIFED is working with its roots in ground realities and emphasizing the welfare both in design and implementation. With the focus on “Vocal for Local” and building an “Atmanirbhar Bharat”, TRIFED is undertaking several activities, while re-dedicating its efforts towards tribal empowerment.

SPORTS

130th edition of Durand Cup kicks off in West bengal

• The 130th edition of the Durand Cup kicked off at the Vivekananda Yubabharati Krirangan in Kolkata. West Bengal CM Mamata Banerjee kicked the ball and inaugurated the tournament. 16 teams are playing in this edition of the oldest club football tournament in Asia while two clubs East Bengal and Mohun Bagan are not participating. The final match will be held on 3rd October.

• The Durand Cup is a prestigious football tournament. It was first held in 1888, at Dagshai in Himachal Pradesh. This tournament has been named after Mortimer Durand. He was the then Foreign Secretary in charge of India.

Puducherry ropes in former Australian pacer Shaun Tait as bowling coach 

• Former Australia pacer Shaun Tait has been roped in as the bowling coach of the Puducherry cricket team, sources in the Cricket Association of Pondicherry. Tait joins a coaching team that includes head coach Dishant Yagnik and manager and strength and conditioning coach Kalpendra Jha. The former Australia player had recently been appointed bowling coach of the Afghanistan team for a period of five months.

• Tait, who featured in three Tests, 35 ODIs and 21 T20 Internationals for Australia, had also turned out for Rajasthan Royals in the IPL during his playing career. The pacer had played a significant role in Australia’s World Cup triumph in the West Indies in 2007, claiming 23 wickets.

APPOINTMENT & RESIGNATION

Harsha Bhupendra Bangari appointed as MD- Exim Bank

• The government has appointed Harsha Bhupendra Bangari as the new Managing Director (MD) of the Export-Import Bank of India (EXIM Bank). Before this Bangari was posted as deputy managing director at EXIM Bank.

• She has been appointed for a period of three years or until further orders of the government. He will replace the incumbent MD David Rasquinha, who was appointed for five years on July 20, 2014.

S.L. Tripathy appointed as CMD of United India Insurance company Ltd

• The central government has selected S.L.Tripathy as the Chairman-cum-Managing Director of United India Insurance Company Limited.

• He is currently General Manager and Director at The New India Assurance Company Limited. He is appointed as CMD of United India from the date of assumption of charge of the office and up to the date of attaining the age of superannuation.

IMPORTANT DAYS

International Literacy Day 2021: 08 September

• International Literacy Day is observed globally on 8th September every year. The day spread awareness about the importance of literacy for individuals, communities, and societies and the need for intensified efforts towards more literate societies. The theme of 55th International Literacy Day is Literacy for a human-centred recovery: Narrowing the digital divide.

• The 8th of September was proclaimed International Literacy Day by UNESCO in 1966 to remind the international community of the importance of literacy for individuals, communities and societies, and the need for intensified efforts towards more literate societies. It was celebrated for the first time in 1967.

AWARDS & RECOGNITION

National Teachers' Award 2021: 44 unique teachers awarded by President

• National Teachers’ Award 2021 was awarded by President Ram Nath Kovind, September 5, 2021. President Kovind gave the awards to 44 finest teachers in the country for their dedicated contribution. The award is contributed to those who improve the quality of education for students and also inspire, enrich their lives. This year, the Ministry of Education released the name of 44 teachers, who would be conferred the National Teachers’ Award. Out of the total 44 teachers, 9 of the awardees are women.

• Due to the prevailing C-19 situation, President Kovind addressed the teachers virtually. While highlighting the role and importance of teachers in one’s life, President Kovind expressed his gratitude to all the teachers who received the awards. The award was also bestowed upon Pramod Kumar Shukla of Eklavya Model Residential School (EMRS), Chhattisgarh. It is the second award in a row for an EMRS established under the Ministry of Tribal Affairs.

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Important Current Affairs 7th September 2021

NATIONAL

Manipur CM Launched 'Go to Hills 2.0' outreach campaign

• Manipur Chief Minister N Biren Singh on Monday launched an outreach programme “Go To Hills 2.0″ to ensure that people in remote places avail benefits of various welfare schemes at their doorsteps. The campaign was rolled out at a programme at Peace Ground, Tuibong in Churachandpur district.

• The launch of the initiative was marked by the inauguration of 30 projects worth Rs 37.34 crore under various departments such as works, tribal affairs and hills and health. “It gives me immense pleasure to officially launch the ‘Go To Hills 2.0’ today. In our effort to take governance further to the doorsteps, the mission aims to strengthen ties amongst our people through rigorous development,” the CM said on Twitter. Under the outreach programme, the state administration provided assistance and equipment worth Rs 51.52 crore for several departments such as agriculture, horticulture, health, social welfare and education.

28th edition of Singapore-India Maritime Bilateral Exercise

• The 28th edition of the Singapore-India Maritime Bilateral Exercise (SIMBEX) took place from September 02 to 04, 2021. The SIMBEX-2021 annual bilateral maritime exercise was hosted by the Republic of Singapore Navy (RSN) in the southern fringes of the South China Sea.

• The Indian Navy was represented by Guided Missile Destroyer INS Ranvijay with a shipborne helicopter, ASW Corvette INS Kiltan and Guided Missile Corvette INS Kora and one P8I Long Range Maritime Patrol Aircraft.

• The exercise aimed to strengthen the bilateral defence ties between both countries. This year’s edition of SIMBEX is also a special occasion as it takes place during the ongoing celebrations of the 75th year of India’s independence.

• The success of SIMBEX-2021 is yet another demonstration of the mutual resolve on both sides to strengthen the bilateral partnership further in the years ahead.

Government launched AYUSH AAPKE DWAR

• As a part of the Azadi Ka Amrit Mahotsav celebration, the Ministry of AYUSH has launched a campaign titled ‘AYUSH AAPKE DWAR’, which aims to distribute medicinal plant saplings to 75 lakh households in one year. The campaign was inaugurated by the Union Minister of AYUSH Sarbananda Sonowal from Mumbai, during which he distributed medicinal plant saplings to citizens.

• Subsequently, the campaign was launched from more than 45 locations across the country. The medicinal plants being distributed include Tejpatta, Stevia, Ashoka, Giloy, Ashwagandha, Lemongrass, Tulsi, Sarpagandha and Amla. Under this campaign, it is proposed to undertake the cultivation of medicinal plants across 75,000 hectares in one year.

APPOINTMENT & RESIGNATION

Ashoka Buildcon MD Appointed as IRF India president

• Ashoka Buildcon Managing Director and promoter Satish Parekh has taken over as the president of India Chapter of International Road Federation (IRF).

• The governing council of the International Road Federation on September 4, 2021, unanimously endorsed Satish Parakh as President, IRF-IC.

• He takes over from Subhmay Gangopadhyay. former director of  Central Road Research Institute (CRRI).

Equitas Small finance Bank appoints Rani Rampal & Smriti Mandhana as brand ambassadors

• Equitas Small Finance Bank (ESFB) has roped in Indian women hockey player, Rani Rampal and cricketer Smriti Mandhana as the brand ambassadors of the company. The announcement was made during the 5th anniversary of the ESFB on September 5, 2021.

• Rampal holds the record for being the youngest player to play in the national hockey team while Mandhana was recognised as the Best Women’s International Cricketer by the Board of Control for Cricket in India (BCCI).

Cyrus Poncha elected Asian Squash Federation vice-president

• Squash Rackets Federation of India (SRFI) Secretary-General, Cyrus Poncha has been unanimously elected as Vice-President of the Asian Squash Federation (ASF), during the 41st annual general meeting of ASF. The Dronacharya Awardee has been elected for a period of the four-year term.

• David Mui of Hong Kong was elected unopposed as the President of ASF for a second term. Apart from Cyrus Poncha, Mr Fayez Abdullah S.Al-Mutairi of Kuwait and Tae-sook Hee of Korea have been also elected as the Vice-Presidents of ASF.

SUMMIT'S & MOU's

India, US ink pact to develop air-launched

• The Ministry of Defence, the Government of India and US Department of Defence have signed a Project Agreement (PA) for Air-Launched Unmanned Aerial Vehicle (ALUAV). This agreement is signed under the Joint Working Group Air Systems in the Defence Technology and Trade Initiative (DTTI).

• The PA for ALUAV is part of the Research, Development, Testing and Evaluation (RDT&E) Memorandum of Agreement, which was first signed between the Ministry of Defence and the US Department of Defence, in January 2006 and renewed in January 2015. The RDT&E aims at deepening defence technology collaboration between the two nations through the co-development of defence equipment.

OBITUARY

Former France Footballer Jean-Pierre Adams Passes Away after 39 years in coma

• Former France footballer Jean-Pierre Adams, who had been in a coma for 39 years, has passed away. In 1982, Adams slipped into a coma following a medical error, during his routine knee surgery.

• He made a total of 22 appearances for the France National Football Team from 1972–1976. At club level, Adams played as a defender for Paris Saint-Germain, Nîmes and Nice.

IMPORTANT DAYS

International Day of Clean Air for blue skies 2021: 07th September

• The International Day of Clean Air for blue skies is observed globally on September 07 to promote and facilitate actions to improve air quality. It is an UN-recognised day that aims to raise public awareness at all levels (individual, community, corporate and government) that clean air is important for health, productivity, the economy and the environment.

• The 2021 theme for the International Day of Clean Air for blue skies is “Healthy Air, Healthy Planet” which emphasizes the health aspects of air pollution, especially considering the C-19 pandemic. This year’s focus is on prioritizing the need for healthy air for all while keeping the conversation broad enough to encompass other critical issues such as climate change, human and planetary health as well as the Sustainable Development Goals. The day serves as a rallying call to action to align our efforts and claim our right to clean air. #HealthyAirHealthyPlanet.

AWARDS & RECOGNITION

'Super 30' Founder Anand Kumar Gets Award

• ‘Super 30’ founder and mathematician Anand Kumar was conferred the ‘Sarabhai Teacher Scientist National Honorary Award 2021’ by the National Council of Teacher Scientist (NCTS) for making mathematics easy to learn and coaching the underprivileged students to succeed in the IIT exams, the organisers said here on Monday.

• Kumar, a native of Bihar, who has been coaching underprivileged students for nearly two decades for JEE-Advanced, the entrance exam for the Indian Institutes of Technology (IITs), was also awarded the life membership of the organisation during a virtual event held on the occasion of the Teachers’ Day on Sunday, NCTS Chairman Chandramouli Joshi said in a statement.

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Important Current Affairs 6th September 2021

NATIONAL

Mansukh Mandaviya participates in G-20 Health Minister Meeting 2021

• Union Health Minister Mansukh Mandaviya participated in G-20 Health Ministers Meeting 2021 hosted by Italian Presidency on the theme – People, Planet and Prosperity. Yesterday during the meeting, he shared India’s response to monitor Global Health Impact of C-19 pandemic with a detailed assessment of its consequences in implementing Sustainable Development Goals, SDGs.

• Mr Mandaviya is on a four day visit to Rome in Italy from 4th of this month to attend G- 20 Health Ministers’ meeting. In a tweet, Mr Mandaviya also said that he had an excellent discussion with Minister of Health for Brazil Marcelo Queiroga for better cooperation in healthcare. They also talked about One Health and the introduction of Nano-Urea for better results.

Delhi government declares Raj Kumar as 'Face of DoE'

• To honor Teacher’s day, the Delhi government decided to give a new face to the Directorate of Education (DoE). A music teacher from the Delhi government’s School Of Specialized Excellence will be the new ‘Face of Directorate of Education (DoE)’.

• The music teacher is Mr. Raj Kumar who was awarded Guinness World Record for playing Sitar for 32 hours.

FM Nirmala Sitharaman chairs 24th meeting of FSDC

• Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman has chaired the 24th meeting of the Financial Stability and Development Council (FSDC). Finance Minister is the chairperson of FSDC. It must be noted that FSDC Sub-Committee is chaired by the Governor, RBI.

• Financial Stability and Development Council (FSDC) is the apex level forum set up by the Government of India for strengthening and institutionalizing the mechanism for maintaining financial stability, enhancing inter-regulatory coordination and promoting financial sector development.

• The Council also, inter alia, discussed issues relating to the management of stressed assets, strengthening institutional mechanism for financial stability analysis, financial inclusion, the framework for resolution of financial institutions and issues related to IBC processes, banks’ exposure to various sectors and Government, data sharing mechanisms of government authorities, internationalisation of Indian Rupee and pension sector related issues.

India becomes first Asian nation to launch ‘Plastics Pact’

• India has become the first country in Asia to launch a Plastics Pact, a new platform to promote a circular system for plastics. The India Plastic Pact platform was launched on September 03, 2021, by the British High Commissioner to India, Alexander Ellis, at the 16th Sustainability Summit hosted by the Confederation of Indian Industry (CII).

• The new platform ‘India Plastic Pact’ is a joint effort of the World-Wide Fund for Nature-India (WWF India) and the Confederation of Indian Industry (CII), and envisions to create a world where plastic is valued and does not pollute the environment.

• The Pact targets the businesses to transition towards a circular economy for plastics by 2030.

• The initiative is supported by UK Research & Innovation (UKRI) and WRAP, a global NGO based in the UK, and endorsed by the British High Commission in India.

APPOINTMENT & RESIGNATION

lovlina borgohain named brand ambassador of SSA Assam

• Olympic bronze medallist Lovlina Borgohain has been roped in as the brand ambassador for Samagra Shiksha Abhiyan (SSA) of Assam, state Education Minister Ranoj Pegu said on Sunday.

• “Her role as the brand ambassador is on a completely honorary basis at her insistence. It is a very good gesture on her part,” Korati said. The 23-year-boxer hailing from Golaghat district had scripted history at the Tokyo Games by becoming the first Assamese to win a medal in the Olympics when she had clinched the bronze medal in the women’s welterweight (64-69kg) category.

OBITUARY

Former President of International Olympic Committee Jacques Rogge passes away

• Former President of the International Olympic Committee (IOC), Jacques Rogge has passed away.

• He had spent 12 years as president of IOC, from 2001 to 2013, overseeing three summer Games and three winter Games, as well as creating the Youth Olympics. He was then succeeded by Thomas Bach. He was the 8th President of IOC.

BOOKS & AUTHOR

Book “A Rude Life: The Memoir” by Vir Sanghvi

• Vir Sanghvi, one of India’s most recognised journalists, has come out with a memoir titled A Rude Life. ‘A Rude Life: The Memoir’ has been published by Penguin Random House. Through this book, the author has shared his views and experience of the most eventful careers in Indian journalism, including his personal life, stories of and about celebrities and politicians, middlemen and behind-the-scene actors.

• Vir Sanghvi is an Indian print and television journalist, author, columnist and talk show host, who worked with Hindustan Times from 1999 to 2007, after which he continued at the paper as a columnist.

BANKING AND ECONOMIC

PhonePe launched digital payment interactive geospatial platform “Pulse platform”

• PhonePe has launched a platform named PhonePe Pulse. Pulse is India’s first interactive platform with data insights and trends on digital payments. The platform shows more than 2000 crore digital transactions by customers on an interactive map of India. PhonePe also launched the Pulse Report, an in-depth study on the evolution of digital payments over the past 5 years. The report also has insights about how digital payment adoption across India has evolved since 2016 and includes detailed geographical and category-specific trends.

• The insights on the website and in the report have been drawn from two key sources – the entirety of PhonePe’s transaction data combined with merchant and customer interviews.

• The report is available as a free download on the PhonePe Pulse website. This new product is relevant to multiple ecosystem stakeholders including the government, policymakers, regulatory bodies, media, industry analysts, merchant partners, startups, academic institutions and students.

• The rich data set along with insightful trends and stories can be used by these partners to understand consumer and merchant behaviour and identify new opportunities for growth.

LIC buys 3.9% stake in Bank of India 

• Life Insurance Corporation of India has bought 3.9 per cent (15,90,07,791 shares) of the Bank of India through open market acquisition. Before this acquisition, LIC held about 3.17 per cent stake in the Bank of India.

• After this acquisition, LIC now has 7.05 per cent, equivalent to 28,92,87,324 shares of Bank of India. This information was shared by the Bank of India to SEBI. As per SEBI guidelines, companies have to inform the stock exchanges when an entity holds more than 5 per cent shares in a listed company.

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Important Current Affairs 5th September 2021

NATIONAL

Maharashtra Government to set up 'Rajiv Gandhi Science City'

• The Maharashtra Government has decided to set up a world-class science city at Pimpri-Chinchwad near Pune to develop a scientific outlook among the students and prepare them to become students in future. To be named as ‘Bharat Ratna Rajiv Gandhi Science Innovation City’, a science Centre will be developed on one acre area in an eight-acre complex in the PCMC area.

• The Centre has granted an assistance of Rs 191 crore to build the Science city in the PCMC area.

SPORTS

India win record 19 medals in Tokyo Paralympics 2020

• India finished their campaign at the Tokyo Paralympics 2020 with an all-time high of 19 medals which includes five gold, eight silver, and six bronze. This is the best medal tally for India a single edition of the Paralympic Games. India is placed at 24th position in the overall medal tally out of a total of 162 nations.

• Javelin thrower Tek Chand was the flag bearer at the opening ceremony of the Tokyo Paralympics.

• Shooter Avani Lekhara was India’s flag-bearer at the closing ceremony.

Max Verstappen wins Dutch Grand Prix F1

• Max Verstappen (Red Bull – Netherlands) has won the formula one Dutch Grand Prix 2021. Lewis Hamilton (Mercedes-Great Britain) came second while Valtteri Bottas (Mercedes-Finland) came third.

• The Red Bull driver’s leading seventh win of the season and 17th of his career moved him three points ahead of the defending champion, who finished second but softened the blow with a bonus point for fastest lap.

APPOINTMENT & RESIGNATION

Vartika Shukla assumes charge as CMD of Engineers India

• Vartika Shukla took charge as the first woman Chairperson and Managing Director of public sector enterprise Engineers India Ltd. She spearheaded the company’s innovative energy programmes, including biofuels, coal gasification, waste to fuel and hydrogen energy, among others.

• A graduate in Chemical Engineering from the Indian Institute of Technology, Kanpur, Shukla joined EIL in 1988 and has extensive consulting experience comprising design, engineering, and implementation of complexes in refining, gas processing, petrochemicals and fertilisers.

SUMMIT'S & MOU's

India to host International Climate Summit 2021 today

• India is all set to host a key conference as part of the International Climate Summit (ICS) 2020-21 to build a dialogue for India’s transition to clean energy. Policymakers, regulators, industry leaders, experts, and scientists from across the globe are going to be a part of the climate summit.

• Director of CSIR, National Chemical Laboratory, Dr Ashish Lele has underlined the importance of the conference for the future mitigation strategies of climate change. The need to adopt these strategies and the problems arose due to dependence on conventional fuels.

IMPORTANT DAYS

National Teachers’ Day: 05 September

• The 5th of September is celebrated as teacher’s day all over India. This day is celebrated as the teacher’s day to mark the birthday of Dr Sarvepalli Radhakrishnan who was the former president of our country. He was a philosopher, a scholar, and the Bharat Ratna Awardee.  He was the second President of India (1962 to 1967) and the first Vice President of India (1952–1962). The Ministry of Education presents the National Teachers Awards on this occasion every year. In 2021, the President of India, Shri Ram Nath Kovind will confer National Awards on 44 teachers from across the country.

• In 1962, Dr. Radhakrishan became the second President of Independent India. The main significance to celebrate this day is that Dr Radhakrishan’s students approached him to allow them to celebrate his birthday as a special day. He was surprised and happy by the respect which is given to him by the students even after he was not their teacher.

International Day of Charity: 05 September

• The International Day of Charity is observed annually on September 05. It was declared by the United Nations General Assembly in 2012. September 5 was chosen in order to commemorate the death anniversary of Mother Teresa, who had always been engaged in charitable work. Mother Teresa received the Nobel Peace Prize in 1979 for “work undertaken in the struggle to overcome poverty and distress, which also constitute a threat to peace.”

• The prime purpose of the International Day of Charity is to raise awareness and provide a common platform for charity related activities all over the world for individuals, charitable, philanthropic and volunteer organizations for their own purposes on the local, national, regional and international level.

BOOKS & AUTHOR

Book Know Your Rights and Claim Them: A Guide for Youth by Angelina Jolie

• Hollywood actress Angelina Jolie has recently announced her upcoming book, titled “Know Your Rights and Claim Them: A Guide for Youth”. The book has been written jointly by Angelina Jolie, Amnesty International and human rights lawyer Geraldine Van Bueren QC.

• This book will be helpful to young people and children from around the world in making them aware of their rights and how to claim these rights decided years ago based on what would make them healthy, balanced, safe and stable adults.

BANKING AND ECONOMIC

HDFC Life to acquire Exide Life Insurance for ₹6,687 crore

• HDFC Life has announced to acquire a 100 per cent stake in Exide Life Insurance Company in a stock and cash deal, for Rs 6,887 crore. Subsequently, Exide Life will be merged with HDFC Life, subject to regulatory approvals. Exide Life is a wholly-owned subsidiary of battery maker Exide Industries. This acquisition will mark one of the first and the largest acquisitions in the life insurance space.

• From the total deal value of Rs 6,887 crore, HDFC Life will pay Rs 725 crore in cash, while the balance amount will be in form of shares.

• HDFC Life will issue 87.02 million equity shares of the face value of Rs 10 at a price of Rs 685 per share to Exide Industries Limited.

• Post the acquisition, Exide Industries will hold a 4.1 per cent stake in merged HDFC Life and mortgage lender HDFC Ltd will hold 47.9 per cent. Currently, HDFC Ltd. holds a 49.9 per cent stake in HDFC Life.

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Important Current Affairs 4th September 2021

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INTERNATIONAL

India becomes third largest startup ecosystem in the world

• Hurun Research Institute has released the Hurun India Future Unicorn List 2021, as per which India is the third-largest Unicorn/startup ecosystem in the world. The USA is on top followed by China on second. India has 51 unicorns according to the list. The USA has 396 and China has 277 unicorns.

• Zilingo is the top unicorn in the ranking in India with funding of USD 310. The headquarters of Zilingo is in Singapore. Bengaluru is the top Indian city in terms of the number of Unicorns headquartered in a city. Bengaluru has 31 unicorns followed by Mumbai which has 12 unicorns.

NATIONAL

Women and Child Development Minister inaugurates NUTRI GARDEN at All India Institute of Ayurveda

• The Union Minister for Women and Child Development, Smriti Zubin Irani inaugurated NUTRI GARDEN to mark the beginning of Poshan Maah – 2021 at All India Institute of Ayurveda (AIIA). Plantation of Shigru (Sahijan) and Amla saplings were also carried out. AIIA, New Delhi under the direction of the Ministry of Ayush initiated the celebration of Poshan Maah – 2021.

• Nutri kitchen garden/Nutri garden is a method of planting and harvesting nutrient-rich crops in residential houses or in their vicinity to meet the requirements of the family all year round.

• In urban areas, Nutri kitchen gardening can be promoted in the form of rooftop gardening, terrace gardening, vertical gardening and container gardening.

• In rural areas, Nutri kitchen gardens can be promoted in the backyard of the houses.

I&B Ministry constitutes Committee to review existing guidelines of Journalist Welfare Scheme

• The Ministry of Information and Broadcasting has decided to form a committee to review the existing guidelines of the Journalist Welfare Scheme (JWS). The 12-member committee, with Ashok Kumar Tandon, Member, Prasar Bharati Board, as its chairperson, will revise the quantum of ex-gratia payment in case of death as well as in other cases under the scheme. The terms of reference (ToR) of the committee include examining the need for such a revision of the quantum of ex-gratia payment.

• The committee will look into the aspect of differentiation or parity between accredited and non-accredited journalists for availing benefits under the scheme. The committee shall give its recommendations within two months and all secretarial assistance for convening its meetings will be provided by the Press Information Bureau (PIB).

Gujarat to host 12th Defence Expo-2022 in Gandhinagar

• The next Defence Expo will be hosted by Gujarat in 2022. This was announced by chief minister Vijay Rupani. The Memorandum of Understanding has been signed between the Department of Defence Production and the Gujarat Government in this regard. About 100 countries are expected to participate in this biannual event.

• Defence Expo-2022 will be held in Gandhinagar from 10th to 13th March next year. The aim of Defense Expo 2022 is to move from Make in India to make for the world. The Defence Expo-2022 will focus on making India a Defence manufacturing hub.

PM's Virtual-Address at 6th Eastern Economic Forum 2021

• Prime Minister Narendra Modi virtually addressed the plenary session of the 6th Eastern Economic Forum (EEF), organised in Vladivostok, Russia. An Indian delegation led by Minister of Petroleum and Natural Gas, Hardeep Singh Puri and comprising leading Indian oil and gas companies are participating in the EEF Summit 2021 in Russia.

• On the sidelines of EEF, Petroleum Minister will also have meetings with Russian Energy Minister Nikolay Shulginov to review bilateral energy cooperation in the energy sector and with the Russian Minister for Development of Far East and Arctic Alexei Chekunkov to discuss the collaboration between Indian and Russian companies in that region. Petroleum Minister will also co-chair India-Russia Business Dialogue.

SPORTS

Tokyo Paralympics: Shooter Manish Narwal wins Gold

• Indian shooters Manish Narwal and Singhraj Adhana clinched the gold and silver medal respectively in the P4 – Mixed 50m Pistol SH1 final at Asaka Shooting Range. The 19-year-old Manish created the Paralympic record as he amassed 218.2 points to clinch the gold while Singhraj grabbed his second medal of the Tokyo Paralympics with 216.7 points. The Russian Paralympic Committee’s (RPC) Sergey Malyshev won the bronze medal.

• India’s medal tally now stands at 15 at these Paralympics. It has now won three golds, seven silvers and five bronze medals. This is India’s best tally at a single edition of the Para Games. It had won four medals at Rio 2016 and four at the 1984 Paralympics.

Paralympics 2020: Archer Harvinder Singh won Bronze

• In Paralympics 2020, India’s ace archer Harvinder Singh has won the bronze medal in the men’s individual recurve open. The 31-year old has become India’s first-ever archer to win a medal in the Paralympics. With this win, India’s medal haul at the ongoing Paralympics Games in Tokyo has reached 13 [2G,6S,5B].

• Harvinder defeated South Korea’s Kim Min Su 6-5 in a shoot-off to win India’s third medal of the day at Tokyo 2020, taking India’s tally to 13. Earlier, United States of America’s (USA) Kevin Mather defeated Harvinder by 6-4 in the semi-final.

APPOINTMENT & RESIGNATION

PPK Ramacharyulu appointed RS secretary general

• Rajya Sabha Chairman, M Venkaiah Naidu has appointed Dr PPK Ramacharyulu, who is the secretary in the Rajya Sabha Secretariat since 2018, as the secretary general. He succeeds Desh Dipak Verma, who demitted office as secretary-general after serving the top post for four years. Ramacharyulu is the first insider to have risen from the ranks of the secretariat to the top post in the about 70 years of the Rajya Sabha.

• Ramacharyulu joined the Rajya Sabha Secretariat in 1983 after serving in the Lok Sabha Secretariat for a year. Ramacharyulu had served as special secretary, Andhra Pradesh Legislature. Ramacharyulu has about 40 years of experience of handling various aspects of the functioning of Parliament.

Govt appoints Atul Bhatt as CMD of Rashtriya Ispat Nigam Ltd

• Atul Bhatt has been appointed as chairman and managing director (CMD) of disinvestment-owned steel company Rashtriya Ispat Nigam Ltd (RINL). He was the CMD of state-owned consultancy firm MECON, which offers a full range of services required to set up a project from concept to commissioning including turnkey execution. PK Rath retired as CMD RINL on May 31, after serving the company for 38 years.

• RINL is a special steel-making player based in Visakhapatnam, Andhra Pradesh. The company, without any captive iron ore mines, owns and operates a 7.3-million tonne (MT) steel plant in the state. The Cabinet Committee on Economic Affairs (CCEA) had given in-principle approval for 100 per cent disinvestment of government stake in RINL, along with the company’s stake in subsidiaries/ joint ventures through strategic disinvestment by way of privatisation.

RANKING

University of Oxford tops Times World University Rankings 2022

• The Times Higher Education (THE) World University Rankings 2022 has been announced. The University of Oxford is at the top of the list, followed by the California Institute of Technology and Harvard University at the second and third positions, respectively. The Indian Institute of Science (IISc), Bengaluru, is placed between the 301-350 position. Incidentally, it is also the only university in the top 350 rankings.

• The Times Higher Education World University Rankings 2022 includes record 1,662 universities from 99 countries and territories. The ranking is based on 13 balanced performance indicators.

BANKING AND ECONOMIC

IMF increases India’s quota of Special Drawing Rights (SDR)

• The International Monetary Fund (IMF) has made an allocation of Special Drawing Rights (SDR) 12.57 billion to India. (approx USD 17.86 billion). With this, the total SDR holding of India has gone upto SDR 13.66 billion (equivalent to around USD 19.41 billion).

• SDR is one of the components of the Foreign Exchange Reserves (FER) of India. Hence the Foreign Exchange Reserves (FER) has also increased now. IMF has allocated a total of SDR 456 billion to all its member countries out of which India has got SDR 12.57.

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Important Current Affairs 3rd September 2021

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NATIONAL

J&K LG Manoj Sinha inaugurates initiative for women

• In Jammu and Kashmir, Lieutenant Governor Manoj Sinha has launched a Rural Enterprises Acceleration Programme titled ‘Saath’ for Self Help Group (SHG) women. The programme aims to transform the lives of women and make them independent and strong in social and financial aspects, by mentoring the women associated with SHGs and create market linkages of products created by these women.

• Jammu and Kashmir already has 48000 SHGs, with around four lakh women connected to these SHGs. The J&K administration further aims to create 11000 more SHGs in the coming year. This will transform the lives of these women and make them independent and strong in social and financial aspects.

Ladakh announces snow leopard as state animal, black-necked crane as state bird

• The Union Territory of Ladakh has declared snow leopard (Panther unica) as the new state animal and black-necked crane (Grus nicricollis) as the new state bird. The notification in this regard was released by Shri Radha Krishna Mathur, Lieutenant Governor of Union Territory of Ladakh on August 31, 2021.

• The decision was taken keeping in view bifurcation of Jammu & Kashmir and Ladakh into separate administrative divisions in 2019. In the erstwhile state of Jammu and Kashmir, the black-necked crane and Kashmir stag (Hangul) were the state bird and animal respectively.

PM Modi releases special Rs 125 coin on ISKCON founder's

• Prime Minister Narendra Modi virtually unveiled a special commemorative coin of Rs 125 to mark the 125th birth anniversary of ISKCON founder Srila Bhaktivedanta Swami Prabhupada. In July 1966, Prabhupada founded the International Society for Krishna Consciousness (ISKCON) commonly known as the ‘Hare Krishna movement’. The spiritual leader was born as Abhay Charan De on September 1, 1896, in Calcutta and later came to be known by the honorific A.C. Bhaktivedanta Swami Prabhupada.

SPORTS

Tokyo Paralympics: Avani Lekhara won two medals

• Avani Lekhara won the bronze medal in the women’s 50m rifle 3 positions SH1 event with a score of 445.9 to become the first Indian woman to win two medals at the Paralympics. Lekhara had also won gold in the 10m air rifle standing SH1 event.

• India’s medal tally now stands at 12 at these Paralympics. It has now won two golds, six silvers and four bronze medals. This is India’s best tally at a single edition of the Para Games. It had won four medals at Rio 2016 and four at the 1984 Paralympics.

Tokyo Paralympics: Praveen Kumar wins silver medals

• Praveen Kumar became India’s fourth medallist in men’s high jump and 11th medallist overall at the Tokyo Paralympics 2020 as he won silver with an Asian record jump of 2.07m. Praveen cleared the Asian record with a 2.07m jump, finishing behind Great Britain’s Jonathan Broom-Edwards, who managed the best jump of 2.10m on a rain-soaked track at the Olympic Stadium.

• Praveen is India’s fourth medallist in men’s high jump at Tokyo Games after Nishad Kumar, Mariyappan Thangavelu, and Sharad Kumar.

APPOINTMENT & RESIGNATION

IPS officer Pankaj Kumar Singh takes charge as new BSF chief

• Pankaj Kumar Singh, a 1988-batch IPS officer from the Rajasthan cadre, has taken charge as the new Director General (DG) of the Border Security Force (BSF). Prior to this, he was serving as the special DG at the BSF headquarters in Delhi. The 58-year-old Pankaj Singh replaces IPS officer and Indo-Tibetan Border Police Director General (DG) SS Deswal who was holding the additional charge of BSF DG since July 2021.

• Apart from this, Sanjay Arora, a 1988-batch IPS officers from Tamil Nadu cadre, has taken over as the new DG of the Indo-Tibetan Border Police (ITBP).

OBITUARY

Senior Journalist and former Rajya Sabha MP Chandan Mitra passes away

• Former Rajya Sabha MP and senior journalist Chandan Mitra has passed away. He was the Editor and Managing Director of The Pioneer newspaper in New Delhi. Mitra was nominated as a member of the Rajya Sabha from August 2003 to 2009.

• In June 2010, Mitra was elected to another term in the Rajya Sabha by BJP from Madhya Pradesh. His term ended in 2016. In July 2018, he resigned from the BJP and joined the Trinamool Congress (TMC).

AWARDS & RECOGNITION

Alejandro Prieto wins Bird Photographer of the Year 2021

• Mexican photographer Alejandro Prieto has emerged as the winner of the Bird Photographer of the Year (BPOTY) 2021. He has won for capturing a photograph of a greater roadrunner staring up at the barbed-wire-clad border wall between the USA and Mexico, with what almost looks like a sense of bewilderment.

• The image has been given the title as ‘Blocked’. The Bird Photographer of the Year comes with a cash prize of £5,000. He was chosen from among 22,000 entries from 73 countries.

BANKING AND ECONOMIC

RBI to set up five-member panel on NUE licences

• The Reserve Bank of India (RBI) will set up a committee to scrutinize applications and give recommendations on New Umbrella Entity (NUE) licenses. The 5 member committee will be headed by Shri. P. Vasudevan. The committee will be responsible for looking into several aspects of NUE, from the macroeconomic impact of such a step to the security risks. The committee’s recommendations will be taken into consideration before doling out the licences.

• NUEs will establish their own payment infrastructure to compete with the National Payments Corp. of India (NPCI). The government hopes to build a settlement system similar to the unified payments interface (UPI) with the NUEs. The system will be focused on small and medium enterprises, merchants and consumers. The RBI had in August 2020 issued guidelines for creating “for-profit NUEs”.

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Important Current Affairs 2nd September 2021

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INTERNATIONAL

Sri Lanka declared food emergency

• Sri Lanka has declared a state of emergency as the food crisis worsened after private banks ran out of foreign exchange to finance imports. With the country suffering a hard-hitting economic crisis, President Gotabaya Rajapaksa said he ordered emergency regulations to counter the hoarding of sugar, rice and other essential foods. The Sri Lankan rupee has fallen by 7.5% against the US dollar this year.

• Rajapaksa has named a top army officer as “Commissioner General of Essential Services to coordinate the supply of paddy, rice, sugar and other consumer goods”. The move followed sharp price rises for sugar, rice, onions and potatoes, while long queues have formed outside stores because of shortages of milk powder, kerosene oil and cooking gas.

NATIONAL

Sarbananada Sonowal launched ‘Y-Break’ application

• The Union AYUSH Minister, Sarbananda Sonowal has launched ‘Y Break’ Yoga protocol mobile application in New Delhi. The app has been developed by Morarji Desai National Institute of Yoga (MDNIY). The app was launched as a part of the week-long activities and campaigns organised by the Ministry of Ayush to commemorate Azadi ka Amrit Mahotsav from August 30 to September 5, 2021.

• The Y-Break (or the “Yoga Break) mobile application is a unique five-minute Yoga protocol app, designed especially for working professionals to de-stress, refresh and re-focus at their workplace to increase their productivity, and consists of Asanas, Pranayam and Dhyana.

• While on one hand the app will facilitate doing yoga and meditation with ease anywhere in just 5 minutes, it will also bring awareness about different Yoga practices.

Assam decided to remove Rajiv Gandhi’s name from Orang national park

• The Assam cabinet has decided to remove the name of former Prime Minister Rajiv Gandhi from the Orang National Park. Since the name Orang is associated with the sentiments of the Adivasi and tea-tribe community, the cabinet has decided to rename the Rajiv Gandhi Orang National Park as Orang National Park.

• Located on the North Bank of Brahmaputra, Orang National Park spread over 78.80 sq km is the oldest forest reserve in the state. It was named a wildlife sanctuary in 1985 and declared a national park in 1999.

IIT Ropar developed world’s first ‘Plant based’ smart air-purifier

• Indian Institutes of Technology (IIT), Ropar and Kanpur and Faculty of Management Studies of Delhi University have jointly launched a living-plant based air purifier named “Ubreathe Life”. This air purifier will boost the air purification process in indoor spaces, such as hospitals, schools, offices and Homes. It is the world’s first, state-of-the-art ‘Smart Bio-Filter’ that can make breathing fresh.

• The Ubreathe Life technology works through the air-purifying natural leafy plants. The room air interacts with leaves and goes to the soil-root zone where maximum pollutants are purified.

APPOINTMENT & RESIGNATION

JB Mohapatra appointed as the Central Board of Direct Taxes chairman

• IRS officer JB Mohapatra was appointed as the chairman of the Central Board of Direct Taxes. His appointment was approved today by the Appointments Committee of the Cabinet (ACC). He has already served as the acting chairman of the CBDT.

• A 1985-batch IRS officer, Mohapatra was given the additional charge as CBDT chairman after the tenure of incumbent PC Mody ended this year in May. Earlier, Mohapatra had served as the principal chief commissioner of Income Tax for the Andhra Pradesh and Telangana region.

SUMMIT'S & MOU's

India Hosted 8th Meeting of Agricultural Experts of BIMSTEC Countries

• India hosted the 8th Meeting of Agriculture Experts of Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) Countries through video conferencing. The meeting was chaired by Dr Trilochan Mohapatra, Secretary, Department of Agricultural Research & Education & Director General of ICAR. BIMSTEC comprise of seven Member States including five from South Asia (Bangladesh, Bhutan, India, Nepal, Sri Lanka), and two from Southeast Asia, including Myanmar and Thailand.

• During this meet, Chairman highlighted the UN Food System Summit 2021 and transformational aspects that are happening across agriculture and food systems globally. The BIMSTEC Member States also appreciated the greater engagement of India in offering six slots of scholarships for Master and PhD programmes in agriculture and other initiatives for capacity development & training.

OBITUARY

Indian Actor & Bigg Boss 13 winner Sidharth Shukla passed away

• Bigg Boss 13 winner actor Sidharth Shukla has passed away. He has been a part of films like Humpty Sharma Ke Dulhania. The actor’s last screen outing was Ekta Kapoor’s popular show ‘Broken But Beautiful 3’ in which he played the role of Agastya.

• He is known for his roles in daily soaps such as “Balika Vadhu” and “Dil Se Dil Tak”. He is also popular for his tints in reality shows such as “Jhalak Dikhhla Jaa 6”, “Fear Factor: Khatron Ke Khiladi” and “Bigg Boss 13”.

Veteran Hurriyat leader Syed Ali Geelani passed away

• Veteran Kashmiri separatist leader and former chief of the All Parties Hurriyat Conference (APHC), Syed Ali Shah Geelani passed away. He was 91 years old.

• Syed Ali Gilani was born on September 29, 1929, to Syed Peer Shah Gilani of Zoori Munz village in Tehsil Bandipora. Gilani received his early education at Sopore and finished his studies at the Oriental College, Lahore Pakistan.

BANKING AND ECONOMIC

Axis Bank partnered with BharatPe for PoS business

• Axis Bank has partnered with BharatPe for the point of sale (PoS) business of BharatPe named BharatSwipe. Under the partnership, Axis Bank will be the acquiring bank for BharatSwipe and will provide acceptance of credit and debit cards for merchants associated with BharatPe. The partnership will help BharatPe to expand its merchant acquiring business in India.

• BharatPe’s PoS machine BharatSwipe has an installed base of 100,000 across 16 cities, processing around Rs 1,400 crore per month. BharatPe clocked an annualised transaction value of $2 billion on PoS terminals at the end of FY21. The company has set a target of $6 billion in transaction processed value (TPV) by FY22.

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Important Current Affairs 1st September 2021

NATIONAL

Maharashtra government  launched “Mission Vatsalya” for women’s who lost their husbands to C-19

• Maharashtra government launched a special mission called “Mission Vatsalya” in order to help women who lost their husbands to C-19. Mission Vatsalya will provide several services and some 18 benefits under one roof to those women. It been designed for widows, with a special focus on widows coming from rural areas, poor backgrounds and deprived sections. Under this mission, schemes like Sanjay Gandhi Niradhar Yojana and Gharkul Yojana will benefit those for women.

• Under this scheme, 8,661 women have applied for the Sanjay Gandhi Niradhar Anudan Yojana, 405 for the Shravanbal Seva State Pension Scheme and 71 for the Indira Gandhi National Old Age Pension Scheme.

Indian Navy ship INS Tabar participates in maritime exercise

• The Indian Naval Ship, INS Tabar, is on her goodwill visit to the number of ports in Africa and Europe since June 2021 till September 2021. As a part of this visit, INS Tabar took part in the Maiden Maritime Partnership Exercise with Algerian Navy, off the Algerian coast, in the Mediterranean Sea. The Algerian Naval Ship ANS Ezzadjer participated in the exercise.

• The objective of the exercise was to enhance interoperability, understand the concept of operations followed by each other, and opened the possibility of increasing interaction and collaboration between the two navies in the future.

• INS Tabar is a Talwar-class stealth Frigate built in Russia for the Indian Navy. The ship is a part of the Indian Navy’s Western Fleet, based in Mumbai.

NPS entry age limit may be raised to 70 years, exit to 75

• The Pension Fund Regulatory and Development Authority (PFRDA) has increased the entry age for the National Pension System (NPS) from 65 years to 70 years. Earlier the eligible age to invest in NPS was 18-65 years which has now been revised to 18-70 years. As per the revised norms, any Indian Citizen, resident or non-resident and Overseas Citizen of India (OCI) between the age of 65-70 years can join NPS and continue or defer their NPS Account up to the age of 75 years.

• If a person joins NPS after 65 years, then the Normal Exit shall be after 3 years. Exit before 3 years will be considered premature exit. There is also a limit on the amount that can be exposed to equity in case the NPS is open after 65 years. The maximum equity exposure is 15% and 50% under Auto and Active Choice respectively.

SPORTS

South African cricketer Dale Steyn announced retirement from all forms of cricket

• South African cricketer Dale Steyn has announced his retirement from all forms of cricket with immediate effect on August 31, 2021, ending his 20 years long cricket journey. The 38-year-old Proteas (South Africa national cricket team) pacer last played for South Africa in T20 vs Australia in February 2020. He had also played for Royal Challengers Bangalore (RCB) in the Indian Premier League (IPL).

• Since making his international debut in 2004, He played 93 Tests, 125 ODIs and 47 T20Is. The right-arm pacer, who holds the record for the fastest bowler to 400 Test wickets (80 matches), bagged 439 wickets in the longest format, 196 wickets in the ODIs and 64 wickets in T20 internationals.

Indian All-rounder Stuart Binny announced retirement from all forms of cricket

• Indian all-rounder cricketer, Stuart Binny has announced his retirement from all forms of cricket on August 30, 2021. He had represented Team India in six Tests, 14 ODIs and three T20Is, scoring a total of 459 runs and 24 wickets. Binny is the son of Roger Binny, a former India selector who was part of the 1983 world cup winning squad.

• In the Indian Premier League, he played for the Rajasthan Royals. Binny holds the record of the best bowling figures in ODI format. He produced a sensational spell taking 6/4 in just 4.4 overs as India bowled out Bangladesh for 58 after having themselves being shot out for 105 in a low-scoring affair.

Paralympics 2020: Singhraj Adhana wins bronze medal 

• At the ongoing Tokyo Paralympics 2020, Indian shooter Singhraj Adana has won the bronze medal in the P1 Men’s 10m Air Pistol SH1 final on August 31, 2021. Adana shot a total of 216.8 to finish at third place.

• China dominated the finals with defending champion Chao Yang (237.9 — Paralympic record) and Huang Xing (237.5) winning the gold and silver medals respectively.

Paralympics 2020: Devendra Jhajharia Wins silver medal 

• At the ongoing Tokyo Paralympics 2020, India’s greatest paralympian, Devendra Jhajharia won the silver medal in the men’s javelin throw – F46 final event on August 30, 2021. The 40-year-old Devendra performed his best throw of 64.35, for the silver.

• In the same event, Sundar Singh Gurjar won the bronze medal, with his best throw of 64.01. With this, the total medal tally of India at the Paralympics 2020 Games reaches to seven.

Paralympics 2020: Yogesh Kathuniya wins silver medal 

• India’s discus thrower Yogesh Kathuniya has clinched the silver medal at the ongoing Tokyo Paralympics in the men’s Discus Throw F56 final event.

• Yogesh claimed the second spot with a throw of 44.38m. Batista dos Santos from Brazil won gold, setting a Paralympic record with a throw of 45.59m. L. Diaz Aldana from Cuba bagged bronze.

OBITUARY

Former Indian cricket coach Vasoo Paranjape passed away

• Former India cricketer and coach, Vasoo Paranjape has passed away. He was considered a mentor of stalwarts like Sunil Gavaskar, Dilip Vengsarkar, Rahul Dravid, Sachin Tendulkar and Rohit Sharma to name a few. He also gave Gavaskar the nickname ‘Sunny’.

• Paranjape was born on November 21, 1938, in Gujarat, Paranjape was a former Ranji Trophy player and a coach at the National Cricket Academy. He was the father of former India and Mumbai cricketer Jatin Paranjape.

RANKING

Rabobank 2021 Global Dairy Top 20 Report : Amul ranks 18th

• Amul, Gujarat Cooperative Milk Marketing Federation (GCMMF) has dropped two places to rank 18th in Rabobank’s 2021 Global Top 20 Dairy Companies list. Amul was placed at 16th spot in 2020. Amul has achieved an annual turnover of $5.3 billion.

• French-based dairy company Lactalis has topped the list as the world’s largest dairy company with a turnover of US $23.0 billion. It has unseated Switzerland-based global behemoth Nestle, which dominated the list for decades.

• Rabobank’s Global Dairy Top 20 Report   is released annually to rank the dairy industry upon their sales data and financial statements.

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Important Current Affairs 31st August 2021

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NATIONAL

Government introduces a new registration mark for new vehicles

• Ministry of Road Transport & Highways has introduced a new registration mark for new vehicles i.e. “Bharat series (BH-series)”. The vehicles bearing the BH-series mark will not have to require the assignment of a new registration mark when the owner of the vehicle shifts from one State to another.

• Earlier, under section 47 of the Motor Vehicles Act, 1988, if a person moves from one state to another, a person is allowed to keep the vehicle for not more than 12 months in any state other than the state where the vehicle is registered, but a new registration with the new state- registering authority has to be made within the stipulated time of 12 months.

• This facility is available on a voluntary basis to Defense personnel, employees of Central Government/ State Government/ Central/ State Public Sector Undertakings and private sector companies/organizations, which have their offices in four or more States/Union territories.

LIC Launches “Ananda Mobile App” For Agents & Intermediaries

• The Life Insurance Corporation of India (LIC) has launched the mobile application of its digital paperless solution, “ANANDA” for LIC agents. ANANDA stands for Atma Nirbhar Agents New Business Digital Application. The ANANDA mobile app was launched by LIC Chairperson MR Kumar, through Video Conferencing.

• The ANANDA Digital application was launched in November 2020 for LIC Agents / Intermediaries.

• With Mobile App in place, the usage level of ANANDA among the Agents / Intermediaries will go up and help LIC to take the New Business fortunes to bigger heights.

• The ANANDA tool enables LIC agents to register new LIC policies from the comfort of their homes.

• Prospective customers can avail the facility of taking a New Life Insurance Policy in the comfort of their homes/offices without having to meet the agent in person.

• It is built on a paperless KYC process using Aadhaar based e-authentication of the Life Proposed.

PM Modi to inaugurate renovated complex of Jallianwala Bagh incident

• Prime Minister Narendra Modi has dedicated to the nation the renovated complex of Jallianwala Bagh Smarak in Punjab’s Amritsar, to mark 102 years of the Jallianwala Bagh massacre. The historic garden is a memorial of national importance, preserved in the memory of countless revolutionaries, sacrificers, fighters, who were killed in the Jallianwala Bagh Massacre, which occurred on the festival of Baisakhi on 13 April 1919.

• Apart from this, PM Modi also inaugurated four museum galleries developed at the Smarak, to showcase the historical value of events that unfolded in Punjab in 1919. PM also announced multiple development initiatives taken by the government to upgrade the complex.

SPORTS

Sumit Antil shatters own record thrice, wins gold medal

• India’s Sumit Antil has won the gold medal in the men’s javelin throw F64 final event at the Tokyo Paralympics, and in the process set a new world record throw of 68.55m. The 23-year-old Sumit hails from Sonepat in Haryana. Michal Burian of Australia won the silver medal (66.29m), while Sri Lanka’s Dulan Kodithuwakku won the bronze medal.

• This is the second gold medal for India at the ongoing Tokyo Games and now the total medal tally of India has reached 7. Earlier, the bronze medal won by Vinod Kumar in the discus throw F56 final was declared as ineligible by the classification panel.

APPOINTMENT & RESIGNATION

HSBC has appointed former SBI chairman Rajnish Kumar as a non-executive director

• The former State Bank of India (SBI) chairman, Rajnish Kumar has been appointed as an independent director of the Hongkong and Shanghai Banking Corporation (HSBC) Asia entity on August 30, 2021. He has also been appointed as a member of the Audit Committee and Risk Committee of the company.

• Mr Rajnish Kumar retired as SBI Chairman in October 2020 after a 40-year career at the SBI. His international tenure included stints at SBI’s UK and Canada operations. Kumar is also currently a director of India’s Lighthouse Communities Foundation, an independent director of Larsen & Toubro Infotech, a senior advisor of Baring Private Equity Asia Pte. Ltd in Singapore and an advisor of Kotak Investment Advisors Ltd in Mumbai.

Nine new Supreme Court judges take oath, strength rises to 33

• Nine new judges, including three women, have been administered the oath of office as judges of the Supreme Court by Chief Justice of India (CJI) NV Ramana. The strength of the Supreme Court would go up to 33, including the CJI, out of the sanctioned strength of 34, after the swearing-in of the nine new judges. Three out of these nine new judges — Justice Vikram Nath and Justice BV Nagarathna and Justice PS Narasimha — are in line to become the chief justice of India.

• This is the first time that nine judges were sworn in together in the history of the top court. Traditionally, new judges take the oath of office in the CJI’s courtroom, but due to that Covid pandemic, the swearing-in ceremony would be held in the auditorium of the Supreme Court’s additional building complex.

Nine new judges of the Supreme Court-

1.  Justice Vikram Nath:  Justice Nath, who was the chief justice of the Gujarat High Court, is in line to become the CJI upon the retirement of sitting top court judge Justice Surya Kant in February 2027.

2. Justice BV Nagarathna: Justice Nagarathna was a judge of the Karnataka High Court. Justice Nagarathna is in line to become the first woman CJI in September 2027.

3. Justice PS Narasimha: Justice Narasimha was a senior advocate and former additional solicitor general. Justice Narasimha would succeed Justice Nagarathna as the CJI and would have a tenure of over six months.

4. Justice Abhay Shreeniwas Oka: Justice Oka was the chief justice of the Karnataka High Court).

5.  Justice Jitendra Kumar Maheshwari: Justice Maheshwari was the chief justice of the Sikkim High Court.

6.  Justice Hima Kohli:  Justice Kohli was the chief justice of the Telangana High Court

7.  Justice CT Ravikumar:  Justice Ravikumar was a judge of the Kerala High Court

8.  Justice MM Sundresh:  Justice Sundresh was a judge of the Madras High Court

9. Justice Bela M Trivedi:  Justice Trivedi was a judge of the Gujarat High Court

OBITUARY

Noted Bengali author Buddhadeb Guha dies at 85

• Eminent Bengali writer Buddhadeb Guha, has passed away. He was the author of many notable works such as “Madhukari” (Honey Gatherer), “Koeler Kachhe” (Near the Koel bird) and “Sobinoy Nibedon” (Humble Offering).

• He also won several awards including Ananda Purashkar in 1976, Shiroman Purashkar and Sharat Puraskar.

IMPORTANT DAYS

Day for the Remembrance of the Slave Trade and its Abolition

• The International Day for People of African Descent is celebrated for the first time on 31 August 2021. The United Nations aims to promote the extraordinary contributions of the African diaspora around the world and to eliminate all forms of discrimination against people of African descent.

• The year 2020 marked the midterm of the International Decade for People of African Descent. While some progress has been made at legislative, policy and institutional levels, people of African descent continue to suffer intersectional and compounded forms of racial discrimination, marginalization, and exclusion. On 19 June 2020, the Human Rights Council adopted the resolution on the “Promotion and protection of the human rights and fundamental freedoms of Africans and people of African descent against excessive use of force and other human rights violations by law enforcement officers”.

BANKING AND ECONOMIC

PhonePe receives insurance broking licence from Irdai

• Flipkart-owned digital payments platform PhonePe has received an insurance broking licence from the Insurance Regulatory and Development Authority of India (IRDAI). This means that with the new ‘direct broking’ licence, PhonePe can now distribute insurance products from all insurance companies in India, on its platform.

• Earlier in January 2020, PhonePe entered the insurtech sector, but with a limited insurance ‘corporate agent’ licence, which restricted it to partner with only three insurance companies per category. Prior to getting a broking licence, PhonePe, from January 2020, operated as a corporate agent and launched several offerings across general insurance, term insurance and health insurance. However, as a corporate agent, it was only restricted to partner with three insurance companies per category.

Indo-Nepal Remittance: RBI enhances per transaction ceiling

• The Reserve Bank of India has increased the limit of fund transfer under the Indo-Nepal Remittance Facility Scheme from Rs 50,000 per transaction to Rs 2 lakh per transaction. Earlier there was a ceiling limit of 12 transactions in a year. Now, this limit has also been removed. However, for cash-based transfers under the Indo-Nepal Remittance Facility, the per transaction limit of Rs 50,000 will still be present with a maximum number of transfers in a year allowed at 12.

• Indo-Nepal Remittance Facility is a fund transfer mechanism from India to Nepal (not otherwise) that operates on NEFT. It was started by RBI in the year 2008. It is managed by SBI in India and Nepal SBI Bank Limited (NSBL) in Nepal.

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