Current Affairs 9 September 2021

We are here for you to provide the important Recent and Latest Current Affairs 9 September 2021, which have unique updates of Latest Current Affairs 2021 events from all newspapers such as The Hindu, The Economic Times, PIB, Times of India, PTI, Indian Express, Business Standard and all Government official websites.

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NATIONAL AFFAIRS

Defence Ministry announces ‘Delegation of Financial Powers to Defence Services (DFPDS) 2021’On 7th September 2021, Defence Minister Rajnath Singh announced the ‘Delegation of Financial Powers to Defence Services (DFPDS) 2021’, providing enhanced Revenue Procurement provisions to Indian defence forces to strengthen India’s security infrastructure.
i.To formulate quicker decision making at all levels, the DFPDS 2021 has empowered Field Commanding officers with higher financial procurement powers.
ii.Competent Financial Authorities (CFA) were provided with twice of the usual financial assistance, in certain field formations the enhancement ranges from 5 to 10 times.

• Vice Chiefs of the Services, got an enhancement of 10% of their usual financial power, with an overall ceiling of Rs. 500 crores.

About Ministry of Defence:
Union Minister – Rajnath Singh (Lucknow, Uttar Pradesh)
Minister of State – Ajay Bhatt (Nainital-Udhamsingh Nagar, Uttarakhand)
>>Read Full News

AIIA Signed MoU with  NICM Western Sydney University Australia to Appoint  Academic Chair in AyurvedaAll India Institute of Ayurveda (AIIA) of  Ministry of Ayush has signed a Memorandum of Understanding (MoU) with NICM Western Sydney University Australia to appoint an Academic Chair in Ayurveda.
Signatories
It was signed between Professor Tanuja Nesari, Director, All India Institute of Ayurveda, Ministry of Ayush and Vice-Chancellor and President, Western Sydney University, Australia, Professor Barney Glover.
The appointment of the chair is jointly funded by the Ministry of Ayush and Western Sydney University and anticipated to commence early in 2022.
Roles and Functioning-
i.It will facilitate academic and research collaboration activities in Ayurveda, which includes herbal medicine and yoga. It will design short/medium term courses and educational guidelines.
ii.Chair will conduct academic workshops related to the Ayurveda system and promote its effective usage in Australia.
iii.The Ayurveda Academic Chair will be based at West mead campus, Western Sydney University NICM health and research institute for 3 years tenure.
About Ministry of Ayush
Minister- Sarbananda Sonowal
Minister of State- Dr. Munjpara Mahendrabhai Kalubhai (Surendranagar, Gujarat)

MoC constitutes Task Force Under Vinod Kumar Tiwari & Expert Committee Under R.K Malhotra for Coal-based Hydrogen ProductionThe Ministry of Coal(MoC) constituted a Task Force under the Chairmanship of Vinod Kumar Tiwari, Additional Secretary of the Ministry of Coal and the Expert Committee under the Chairmanship of R.K Malhotra, Director General of the Federation of Indian Petroleum Industry.
i.Objective– Contribution in Hydrogen Economy in a clean manner.
ii.Task Force will Monitor activities towards achieving coal based Hydrogen production and usage; Setting up sub committees to achieve the objective; To coordinate with the Coal Gasification Mission and NITI Aayog.
iii.Expert Committee will Prepare a road map for coal based Hydrogen production and usage including economic viability, environmental sustainability and policy enablers required; Identifying activities for implementation of coal based hydrogen production and usage.
iv.A Memorandum of Understanding ( MoU) was signed between Ayana Renewable Power, majority of the holdings  controlled by National Investment and Infrastructure Fund (NIIF) and Greenstat Hydrogen India, a Norwegian organization. The aim is to collaborate building projects for green hydrogen. This initiative would support the National Hydrogen Mission and decarbonise the environment.
About Ayana Renewable Power
Managing Director and CEO-Shivanand Nimbargi
Headquarter – Bengaluru, Karnataka
>>Read Full News

Govt sets up three BARs to help with tax matters
The Central Board of Direct Taxes (CBDT) has set up three Boards for Advance Rulings (BAR) which will offer help on tax implications of transactions, which in turn will help avoid income tax disputes.

• This will replace Authority for Advance Rulings (AAR), which was set up in 1993, w.e.f. September 1, 2021. This decision to replace was taken to fast-track disposal of cases.
• Out of the three BARs, two will be in Delhi and one in Mumbai, Maharashtra.
• Each BAR will consist of two members not below the rank of a Chief Commissioner.

INTERNATIONAL AFFAIRS

El Salvador Becomes First Country to Adopt Bitcoin an Official Currency

A Central American country El Salvador becomes the first country to adopt bitcoin as a national currency. The country has passed a resolution to make Bitcoin as a legal currency alongside the US dollar on last June 2021 and bill was the approved by President Nayib Bukele. San Salvador is the capital of El Salvador.
i.200 Bitcoin teller machines are being installed across the country for currency conversions to access Bitcoin.
ii.The country launched the digital wallet called “Chivo” or “Cool” which offered $30 of free Bitcoin for the adaption.
iii.El Salvador had purchased its first 400 Bitcoins. Bitcoin will help to prevent the remittance of banking transactions which will be processed by 1.5 million citizens living in other countries send money home.
Impacts of Bitcoin adoption

• As per the survey by Central American University (UCA), around 68% of the people in the country are unaware of this technology.
• According to University of Cambridge estimates that the El Salvador is not a large hub for mining Bitcoin and not in the top 10 mining countries. As a result of the sudden adoption of the volatile currency, it may affect the economic stability of the country.

About Bitcoin :-
Bitcoin (₿) is a decentralized digital currency, without a central bank or single administrator, that can be sent from user to user on the peer-to-peer bitcoin network without any intermediaries.
It is world’s largest cryptocurrency which was invented in 2008 by an unknown person or group of people using the name Satoshi Nakamoto of Japan.

BANKING & FINANCE

IPPB, LICHFL signed MoU for Home LoansIndia Post Payments Bank (IPPB) and LIC Housing Finance Ltd (Life Insurance Corporation of India-HFL) have signed a Memorandum of Understanding (MoU) to provide home loans to over 4.5 crore customers of the former.

• While LICHFL will be responsible for home loans’ credit underwriting, processing, and disbursement, IPPB will look after for sourcing.

Key Points:
i.With this partnership, LICHFL’s home loan products will be accessible to customers through IPPB’s extensive network and will also cater to the LICHFL’s objective to increase business contribution from Tier 2 markets and beyond.
ii.The sale of loans is further supported by IPPB’s on-ground workforce of nearly 2 lakh postal employees (Postmen and Gramin Dak Sevaks), equipped with micro ATMs and biometric devices and offering Doorstep Banking Service
iii.IPPB is currently distributing various general and life insurance products through partnerships with leading insurance companies, and credit products.
About LICHFL Loans:
i.It offers home loans starting from 6.66% for loans up to Rs 50 lakh for salaried individuals.
ii.It also has home loan product GrihaVarishtha for retired or serving employees of PSU (Public Sector Undertaking) insurers, Central/State government, railways, defence, banks etc. entitled to pension under Defined Benefit Pension Scheme.

• For this loan, the age of the borrower at purchase can be up to 65 years and the loan tenure is till the attainment of 80 years of age or maximum up to 30 years, whichever is earlier.

About India Post Payments Bank (IPPB):
It was set up under the Department of Post, Ministry of Communication. It was launched as a pilot project in Ranchi (Jharkhand) and Raipur (Chhattisgarh) on January 30, 2017.
Managing Director (MD) and Chief Executive Officer (CEO)– Venkatram Jayanthy
Tagline– Aapka Bank, Aapke Dwaar
Headquarter– New Delhi, Delhi
About LIC Housing Finance Ltd (LICHFL):
Establishment– 1989
MD & CEO– Y Viswanatha Gowd
Tagline– Where Dreams come HOME
Headquarter– Mumbai, Maharashtra

SEBI to allow T+1 settlement cycle on an optional basis from January 1, 2022The Securities and Exchange Board of India (SEBI) will initiate the T+1 (today plus one) settlement cycle for equity transactions from January 1, 2022 under which Indian stock markets can transfer shares and money into client accounts in under 24 hours. It is not mandatory for the stock exchanges to go with the T+1 settlement cycle. They are flexible to offer either T+1 or T+2 settlement cycle

• Currently stock markets follow a T+2 settlement cycle which takes 48 hours or more for the shares to be transferred into the client account in case of purchase deals. This means a seller cannot demand payment for at least two days.

Key Points:
i.Those stock exchanges who want to offer T+1 settlement cycle will give one month prior notice on the change to all stakeholders, including the public and also disseminate it on its website.

ii.After opting for T+1 settlement cycle for a scrip, the stock exchange will have to mandatorily continue with the same for a minimum of 6 months. If the stock exchange intends to switch back to T+2 settlement cycle, it can do so by giving 1-month advance notice to the market.

iii.This decision has been taken on the request of various stakeholders to shorten the settlement cycle.

• Therefore, SEBI after discussions with Market Infrastructure Institutions (stock exchanges, clearing corporations and depositories) has decided to provide flexibility to stock exchanges with both options.

NPCI partners with Fiserv to launch RuPay API Platform – “nFiNi”In September 2021, the National Payments Corporation of India (NPCI) partnered with fintech firm ‘Fiserv’ to launch “nFiNi”, a RuPay based Application Programming Interface (API) platform to boost Credit card-based products in India.

• nFiNi is a BaaS (banking-as-a-service) programme, that will provide a wide variety of services to Indian fintech companies & banks to distribute RuPay credit cards.

Services under nFiNi – Support for digital user experience in Mobile apps, SMS notifications, instant digital card provisions and other immediate transaction features.
About Fiserv:
General Manager (India & Sri Lanka) – Rishi Chhabra
Headquarter – Brookfield, USA
About National Payments Corporation of India (NPCI):
In 2012, NPCI launched ‘RuPay’ – an Indian Multinational Payment System
MD & CEO – Dilip Asbe
Established – 2008
Headquarters – Mumbai, Maharashtra
>>Read Full News

Jana Bank Extends the Banking Service to Karnataka’s Namma Shaale Nanna Koduge Programme

Jana Small Finance Bank made tie up with Karnataka Government to provide the payment gateway service for Namma Shaale Nanna Koduge (My School, My Contribution) programme which launched by Chief Minister of Karnataka, Shri Basavaraj Bommai during Teacher’s Day.

• Namma Shaale Nanna Koduge is an initiative to create a platform for the donors who are willing to donate money to government schools of Karnataka in the motive of strengthen the public education system.
• The donation amount will be received in single account of Karnataka Text Book Society – Department of Public Instruction and then it will be sent to respective school account.
• Jana SFB provide its complete payment ecosystem of RTGS, NEFT, UPI, IMPS, Debit card, NACH etc. to donor to make their donations effectively.

About Jana Small Finance Bank
MD & CEO – Ajay Kanwal
Established in – 2008
Headquarters – Bengaluru,Karnataka
Tagline – ‘Paise ki Kadar’ (value for money)

ECONOMY & BUSINESS

1^st Hurun India Future unicorn List 2021: India became world’s 3^rd largest startup ecosystem, after US & ChinaIn accordance with the first Hurun India Future unicorn List 2021′ released by Hurun Research Institute, India became the third largest Unicorn ecosystem in the world after the United States (US) and China as India have 51 Unicorns worth $168 billion, and 32 Gazelles and 54 Cheetahs.

• This list is a ranking of India’s startups founded in the 2000s, having a value of US$200 million (Rs 1,500 crore), and have not yet been listed on the stock exchange.
• Number of Unicorns in the US and China is at 396 and 277 respectively. The United Kingdom (UK) is at 4^th position with 32 unicorns and Germany at 5th spot with 18.

About Hurun India:
It is a research, media and investments group.
Chairman– Rupert Hoogerwerf
Managing Director– Anas Rahman
Headquarter– Mumbai, Maharashtra
>>Read Full News

AWARDS & RECOGNITIONS        

Education Minister Dharmendra Pradhan Conferred AICTE- Visvesvaraya Best Teacher Award 2021Dharmendra Pradhan, Minister of Education(MoE) presented the AICTE-Visvesvaraya Best Teacher Awards 2021 to 17 faculty members of engineering and technical education and the AICTE-Dr. Pritam Singh Best Teacher Awards 2021 to 3 faculty members of management education, at the function held in New Delhi on the occasion of National Teachers Day 2021(September 5).

• The winners of the awards were nominated by the All India Council for Technical Education (AICTE), the technical education regulator of India.

Dr Rajkumar Ranjan Singh, Minister of State for Education was also present during the event.
Other Awards:
i.The Union Minister also presented the Chhatra Vishwakarma Award 2020 to 24 teams of students and the Clean and Smart Campus Award 2020 to 12 selected institutions from across India.
ii.The theme of the Chhatra Vishwakarma Awards 2020 is India’s Economic Recovery Post Covid; Reverse Migration and Rehabilitation Plan to support “Atmanirbhar Bharat”

• Chhatra Vishwakarma Award honours and recognises the innovative students
• Smart Campus Awards are presented to recognise the sustainable and eco-friendly AICTE approved institution.

Click here for the complete list of the awardees
About the Awards:
i.The Visvesvaraya Best Teacher Award, Dr Pritam Singh Best Teacher Award, Chhatra Vishwakarma Award and Clean and Smart Campus Award were instituted by the AICTE to identify and felicitate extraordinary teachers, recognize their excellence, best practices, innovativeness and creativity among students and environmental sensitivity among institutions.
ii.Dr Pritam Singh Best Teacher Award has been introduced in 2021 to honour the faculty member of management education.
About All India Council for Technical Education (AICTE):
Chairman– Prof. Anil D. Sahasrabudhe
Headquarters– New Delhi, Delhi
Established in November 1945

APPOINTMENTS & RESIGNATIONS          

Neeraj Chopra Made His First Brand Partnership with TATA AIA Insurance
Tata AIA Life Insurance signed a multi-year brand partnership with Subedar Neeraj Chopra, an Indian athlete and Olympic gold medallist as its brand ambassador. This marks the company made very first brand partnership with the Neeraj Chopra.

• He will promote the health and wellness among policyholders, and going deeper into the tier II and III markets across the country.
• Neeraj Chopra who won the gold medal in Javelin Throw at recently concluded 2020 Tokyo Olympic Games.

About Neeraj Chopra: –
i.Subedar Neeraj Chopra hails from Haryana, India. As of August 2021, he is ranked second internationally by World Athletics.
ii.In 2016 he achieved a world under-20 record throw of 86.48 m, becoming the first Indian athlete to set a world record.
iii.Indian Army named a stadium after Subedar Neeraj Chopra at the Army Sports Institute, Pune Cantt. to honour his victory at 2020 Tokyo Games.
About TATA AIA Insurance
Tata AIA Life Insurance Company Limited (Tata AIA Life) is a joint venture company, formed by Tata Sons Pvt. Ltd. and AIA Group Ltd. (AIA).
MD & CEO – Mr. Naveen Tahilyani

Harsha Bangari Takes Charge as MD of India EXIM BankThe government of India has appointed Harsha Bhupendra Bangari as the Managing Director(MD) of Export-Import Bank of India (India EXIM Bank) for a period of 3 years or until further orders. She took charge as the MD on 8th September 2021.

• She succeeds David Rasquinha, whose tenure as MD of Exim Bank ended in May 2021.
• Prior to this appointment, she has been serving as the Deputy Managing Director of the India EXIM Bank.

Background:
Harsha Bangari was appointed as the MD of India Exim Bank following the recommendation of the Banks Board Bureau(BBB).
About Harsha Bangari:
i.Harsha Bangari is a Chartered Accountant, who joined the India Exim Bank in 1995.
ii.She has served in various capacities such as Chief General Manager and the Chief Financial Officer of the Bank.
About Export Import Bank of India (India EXIM Bank):
India EXIM bank is regulated by the Reserve Bank of India(RBI).
MD- Harsha Bhupendra Bangari
Headquarter– Mumbai, Maharashtra
Established in 1982

Vaidyanathan appointed as MD & CEO of IDFC FIRST BankOn 7th September 2021, the Reserve Bank of India (RBI) approved the re-appointment of V. Vaidyanathan as the Managing Director (MD) & Chief Executive Officer (CEO) of IDFC FIRST Bank for a period of 3-years, with effect from 19th December 2021 till December 18, 2024.
About V. Vaidyanathan:
i.V. Vaidyanathan took charge as the MD & CEO in 2018 after the merger of IDFC Bank with Capital First Bank.
ii.Prior to that he served in ICICI Groups, becoming the board member of ICICI Bank in 2006, and later appointed as the MD & CEO of ICICI Prudential Life Insurance Company in India in 2009.
iii.He was awarded with the “Entrepreneur of the Year” Award at Asia Pacific Entrepreneurship Awards 2017, “Most Promising Business Leaders of Asia” 2016 by Economic Times among others.
About IDFC FIRST Bank:
Established – 2015
Headquarter – Mumbai, Maharashtra

Nirlep Singh Rai Appointed as a  new CMD of NFL Nirlep Singh Rai is appointed as the new Chairman and Managing Director (CMD) of National Fertilizer Limited (NFL). The NFL is a Miniratna Public Sector Undertaking (PSU) under the Department of Fertilizer.

• He takes over from Virendra Nath Datt, who serves as the additional charge as CMD of NFL after the superannuation of Manoj Mishra.
  

Highlights

• The appointment was approved by the Appointment Committee of the Cabinet (ACC) for the tenure of two years.
• Previously, Nirlep Singh was serving as Director (Technical) of NFL and prior to this he was the Executive Director in the organisation.

About Nirlep Singh Rai
i.He is a graduate in  engineering from Thapar University, Patiyala, Punjab. He has the experience of more than three and a half decades working in different units of the organisation.
ii.He is also the Nominee Director on the Board of Joint venture Company of NFL, Ramagundam Fertilizers and Chemicals Ltd (RFCL). As CEO of RFCL, he is credited with the commissioning of the project.
About National Fertilizer Limited (NFL)
Headquarters– Noida, Uttar Pradesh

Atul Bhatt Appointed as the New CMD of RINL
The Appointments Committee of the Cabinet (ACC) has approved the appointment of Atul Bhatt as the new Chairman and Managing Director(CMD) of the Rashtriya Ispat Nigam Limited(RINL)(also known as Visakhapatnam steel plant), the steel produced based in Visakhapatnam, Andhra Pradesh.

• He has been serving as the CMD of MECON, a state-owned consultancy firm
• Public Enterprises Selection Board (PESB) recommended Atul Bhatt for the post of CMD of RINL following the retirement of incumbent Pradosh Kumar Rath (PK Rath) on 31st May 2021.

ACQUISITIONS & MERGERS        

Byju’s Acquired Gradeup; Rebranded as Byju’s Exam Prep
Ed-Tech Unicorn Byju’s has acquired the online exam preparation platform Gradeup to boost the ed tech’s presence in the online competitive exam preparation category.
Following the acquisition of Gradeup, it has been rebranded as Byju’s Exam Prep.

• This marks the 8th acquisition by Byju’s in 2021.
• Gradeup headquartered in Noida, Uttar Pradesh was established in 2015 by Shobhit Bhatnagar, Sanjeev Kumar, and Vibhu Bhushan.

SCIENCE & TECHNOLOGY

Bhupender Yadav Launched Portal “PRANA” to Monitor Air Pollution in 132 cities; Inaugurated India’s 1st functional Smog Tower

Bhupender Yadav, Union Minister of  Ministry of Environment, Forest and Climate Change (MoEF&CC) launched “PRANA” – Portal for Regulation of Air-pollution in Non-Attainment Cities(NACs), a portal to monitor the implementation of India’s National Clean Air Programme (NCAP).

• The portal was launched during the event organised as a part of the United Nations(UN)’s 2nd International Day of Clean Air For Blue Skies.
• The Union Minister Bhupender Yadav virtually inaugurated India’s 1st functional Smog Tower at Anand Vihar, Delhi during the event.The tower has been built over 20metre Height by Tata Projects Limited with NBCC (India) Ltd. as the project management consultant.

About PRANA:
i.The portal will track the physical and financial status of the implementation of the air action plan across the 132 Non-Attainment Cities under NCAP.
ii.The portal will also disseminate information on the air quality management efforts under NCAP.
iii.The information related to activities and their progress under NCAP by stakeholders will be available on the portal.
iv.The action plans for improving the air quality across the 132 NACs targeting specific air polluting sources such as Soil & Road Dust, Vehicles, Domestic Fuel, MSW Burning, Construction materials and Industries have been prepared and are being implemented.
Funding for action plans:
i.Around Rs 375.44 crores has been released to 114 cities during the FY 2019-20 & 2020-21 for initiating actions under the city action plan.
ii.As per the recommendations of the 15th Finance Commission report for FY 2020-21, 4400 crores have been released to 42 cities with a million-plus population.
About Ministry of Environment, Forest and Climate Change (MoEF&CC):
Union Minister- Bhupender Yadav(Rajya Sabha- Rajasthan)
Minister of State- Ashwini Kumar Choubey(Constituency- Buxar, Bihar)

INSPIRESat-1 is set for launch; ISRO releases Chandrayaan-2 data as Spacecraft completes 2 yearsi.In accordance with the Indian Institute of Space Science and Technology (IIST), the INSPIRESat-1 CubeSat, developed under the International Satellite Program in Research and Education (INSPIRE) is all set for launch through an upcoming Polar Satellite Launch Vehicle (PSLV) mission of the Indian Space Research Organisation (ISRO).
ii.On September 6, 2021, the Chairman of ISRO Kailasavadivoo Sivan inaugurated a 2-day Lunar Science Workshop 2021, to commemorate the completion of two years of operation of Chandrayaan-2 spacecraft around the lunar orbit.
About Indian Institute of Space Science and Technology (IIST):
It as an autonomous body under the Department of Space, Government of India
Director– S. Somanath
Headquarter– Thiruvananthapuram, Kerala
>>Read Full News

BOOKS & AUTHORS

GK Reddy Launched Book ‘’Gita Govinda :Jayadeva’s Divine Odyssey ”; Launched ‘BujurgonkiBaat–DeshKeSaath’ ProgramThe Union Minister of Culture, Gangapuram Kishan (GK) Reddy has launched the book titled “ Gita Govinda: Jayadeva’s Divine Odyssey ” written by Padma Shri awardee Dr Utpal K. Banerjee. He also launched an exhibition on “Gita Govinda ” and a program ‘BujurgonkiBaat-DeshKeSaath’ in New Delhi.

Highlights

• The objective of the program is to enhance the interaction between youth and elderly people who are around 95 years and above. It will involve the elders in AzadikaAmritMahotsav.
• The exhibition was based on the theme of Krishna from various schools of arts such as Amber, Kangra, etc.

About Gita Govinda

• Gita Govinda, an important text of the Bhakti Movement, depicts the relationship between Lord Krishna and his consort Radha.
• Jayadeva (12 century A.D.) is the last great name in Sanskrit poetry, who wrote the lyric poetry Gitagovinda to describe every phase of love between Krishna and Radha – longing, jealousy, hope, disappointment, anger, reconciliation and fruition – in picturesque lyrical language.

About Ministry of Culture
Union Minister- G. Kishan Reddy (Secunderabad, Telangana)
Minister of State- Arjun Ram Meghwal (Bikaner,Rajasthan), Meenakshi Lekhi (New Delhi, Delhi)

IMPORTANT DAYS

International Literacy Day 2021 – September 8 The United Nations Educational, Scientific and Cultural Organization(UNESCO)’s International Literacy Day(ILD) is annually observed across the globe on 8th September to highlight the importance of literacy as a matter of dignity and human rights.
The day also aims to advance the literacy agenda towards a more literate and sustainable society.
The theme of UNESCO’s ILD 2021 is “Literacy for a human-centred recovery: Narrowing the digital divide”.
Background:
i.In 1966, UNESCO proclaimed the 8th September of every year as International Literacy Day to highlight the importance of literacy for individuals, communities and societies.
ii.The first-ever International Literacy Day was observed on 8th September 1967.
Winners of The UNESCO King Sejong Literacy Prize 2021:

• National Institute of Open Schooling (NIOS), India.
• Puku Children’s Literature Foundation, South Africa.
• Limitless Horizons Ixil (LHI), Guatemala.

Winners of The UNESCO Confucius Prize for Literacy 2021:

• Construyendo y Creciendo, Mexico
• Ain-Shams University, Egypt
• ‘Association of Literacy Teachers Who Use Information and Communications Technology (GA-TIC)’, Côte d’Ivoire

About United Nations Educational, Scientific, and Cultural Organization (UNESCO):
Director-General– Audrey Azoulay
Headquarters– Paris, France
Founded on 16th November 1945
>>Read Full News

Food Processing Week – 6th to 12th September 2021 

The Ministry of Food Processing Industries(MoFPI) has announced the celebration of the Food Processing Week from 6th to 12th September 2021, as a part of the Azadi Ka Amrit Mahotsav celebration to commemorate 75 years of India’s independence.
The MoFPI has been organising various events as a part of the Food Processing week.
MoFPI Inaugurated 5 Food Processing Projects:
Pashupati Kumar Paras, Union Minister for Food Processing Industries and Prahlad Singh Patel, Minister of State for Food Processing Industries virtually inaugurated five food processing projects in the states of Assam (1), Gujarat (3) and Karnataka (1).
About Ministry of Food Processing Industries(MoFPI):
Union Minister– Pashupati Kumar Paras (Constituency- Hajipur, Bihar)
Minister of State– Prahlad Singh Patel (Constituency- Damoh, Madhya Pradesh)
>>Read Full News

STATE NEWS

Gujarat Govt Signed MoU with Amazon India to boost E-commerce ExportsAmazon India, a leading e-commerce company signed a Memorandum of Understanding (MoU) with the Industries and Mines Department, Government of Gujarat to boost the e-commerce exports from Gujarat.

• The MoU was signed by Ranjithkumar, Micro Small and Medium Enterprises (MSME) Commissioner and Abhijit Kamran, global selling head, Amazon in the presence of Vijay Rupani, Chief Minister of Gujarat.

Features of MoU:
i.Under this MoU, Amazon will train and onboard MSMEs from Gujarat on Amazon Global Selling, enabling them to sell their unique Made in India products to Amazon customers across the globe.
ii.Amazon will also conduct training, webinars and onboarding workshops for exporters from major MSME clusters like Ahmedabad, Vadodara, Surat, Bharuch and Rajkot among others.
iii.The workshops will focus on sharing expertise and providing training to MSMEs about B2C e-commerce exports and selling their products through 17 foreign marketplaces of amazon.
iv.This partnership will benefit the gems and jewellery, apparel and textiles, and handicraft sectors of Gujarat.
Note:
Gujarat, India’s leading exporter, contributes to more than 21% of the total exports (2020-2021) of India.
About Gujarat:
Governor– Acharya Devvrat
Wildlife Sanctuary– Narayan Sarovar Sanctuary; Gaga Wildlife Sanctuary; Ratanmahal Sloth Bear Sanctuary
Zoological park– Rajkot Municipal Zoo (Pradyuman Zoological Park); Sayaji Baug Zoo (Kamati Baug)

Delhi implements “Business Blasters” programme in all its Government SchoolsOn 7th September 2021, Manish Sisodia, the deputy Chief Minister of Delhi launched the “Business Balsters” programme, which will be implemented in all the Government run schools across Delhi. This program aims to inculcate entrepreneurship mindset at the school-level, it is an initiative under Delhi’s ambitious “Entrepreneurship Mindset Curriculum” (EMC).

• Under the Business Blasters programme, Classes XI and XII of Delhi government schools will be provided with a Seed Money of Rs. 2,000 to start a business.

i.Top 10 projects under the Business Blasters programme will be directly admitted to the BBA course in Netaji Subhas University of Technology (NSTU) and Delhi Technological University (DTU).
ii.‘Seed Money Project’ of the Delhi Government school was previously implemented on a pilot basis at the School of Excellence Khichripur, Where students were given Rs 1,000 as seed money to start their own business.
Micro-research project:
Under the EMC, Delhi has also launched a micro-research project to facilitate link between Entrepreneurs & students. Where 5 Entrepreneurs will discuss with 5 Students, on the advantages and disadvantages of various professions.
About Delhi:
Lieutenant Governor – Anil Baijal
On 13th February 1931, Delhi was officially inaugurated as the Capital of India by the British government.
The Parliament building in Delhi was designed by Edwin Lutyens & Herbert Baker.

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