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Current Affairs 6 April 2022

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NATIONAL AFFAIRS

Stand-Up India Scheme marks Sixth AnniversaryStand-Up India Scheme completes 6 years

On April 05, 2022, The Stand-up India scheme completes 6 years since its launch on 05 April, 2016 by The Prime Minister Narendra Modi. 

  • Over Rs 30,160 crore loan sanctioned to more than 1,33,995 accounts under Stand-Up India Scheme in 6 years.
  • Stand Up India scheme was extended till 2025.

About the Stand Up India Scheme:
i.The Department of Financial Services (DFS), Ministry of Finance launched Stand Up India Scheme to promote entrepreneurship at the grass-root level of economic empowerment and job creation.
ii.The scheme leverages the institutional credit structure to reach out to the underserved sector of people such as Scheduled Castes (SCs), Scheduled Tribes (STs) and Women Entrepreneurs.
iii.The objective of the scheme is to facilitate bank loans between Rs.10 lakh and Rs.1 crore to at least one SC or ST borrower and at least one woman borrower per bank branch for setting up a Greenfield enterprise.
iv.The offices of Small Industries Development Bank of India (SIDBI) and National Bank for Agriculture and Rural Development(NABARD) shall be designated Stand-Up Connect Centres (SUCC).
v.
The Scheme envisages ‘upto 15%’ margin money which can be provided in convergence with eligible Central/State schemes.
Eligibility under Stand Up India Scheme:
i.SC/ST and/or women entrepreneurs, above 18 years of age.
ii.Loans under the scheme are available for only Greenfield projects.
iii.Borrower should not be in default to any bank or financial institution.
iv.In case of non-individual enterprises at least 51% of the shareholding and controlling stake should be held by either an SC/ST or Woman entrepreneur.

Government Officials Of Russia, UK And USA Visits India

Deputy National Security Advisor (NSA) of United States of America (USA) Daleep Singh, visited India for 2 days from 30 March 2022 to 31 March 2022, followed by him United Kingdom (UK) Foreign Secretary Liz Truss visited India on 31 March 2022 and later Russia’s Foreign Minister Sergey Lavrov made a two-day visit to India from 31 March 2022 to 1 April 2022. The visits by the government officials were due to the crisis prevailing in the ongoing Russia-Ukraine War.
India – Russia:
i.Talks held between Mr Lavrov and External Affairs Minister (EAM) S. Jaishankar of India, regarding supply of any goods that India wanted to buy from Russia using the Rupee-Rouble mechanism and to bypass the Western sanctions by buying Russia’s discounted crude oil through rupee-ruble payment mechanism.
ii.India also expects the delivery of various military hardware as well as components of the S-400 missile systems (Surface to Air) from Russia.
iii.The support stood as India abstained in United Nation (UN) votes condemning the Russian invasion over Ukraine.
iv.India is the world’s third-largest consumer of oil after the US and China, and imports about 80% of its energy requirements.
v.Previously in 2021, India purchased about 12 million barrels of oil from Russia.
Rupee-Rouble Mechanism:
Rupee-rouble trade is a payment mechanism by which Indian exporters will get paid in the local currency for their export to Russia instead of the dollar or euro, which is the standard international currency.
View Of United States Of America (USA): 
USA condemns India not to purchase crude oil from Russia as every country proposed sanctions against it for the war against Ukraine. It also condemns European countries such as Norway, Germany and Italy, which go behind Russian energy flow.India and United States are scheduled to hold 2+2 dialogue in Washington, USA on April 11, 2022
 View Of United Kingdom (UK):
i.Liz Truss spoke with S. Jaishankar to counter Russia’s aggression and reduce global strategic dependence on the country by proposing sanctions on it.
ii. Also she spoke about defence cooperation between the two countries and to deepen the cybersecurity by the new joint cybersecurity programme.

  • In order to protect online infrastructure in both countries.

iii.She plans to hold the first Strategic Tech Dialogue between UK and India.
iv.To improve the security of nations, the UK and India will agree to maritime co-operation in the Indo-Pacific region. 

  • The UK will join India’s Indo-Pacific Oceans Initiative and become a lead partner on maritime security issues, coordinating work with key partners in Southeast Asia.

v.Funding 70 million Pounds to British International Investment (BII) to support renewable energy use in India.

vi.She addressed in the inaugural(1st) edition of the India-UK Strategic Futures Forum.Indian Council of World Affairs (ICWA) and the Policy Exchange of the UK Co-host the event.

INTERNATIONAL AFFAIRS

India Secures Leadership in Council Standing Committee on Administration & Management of ITU; Aprajita Sharrma Appointed as the Vice-ChairpersonAprajita Sharrma Appointed as the Vice-Chairperson

India has secured a leadership position in the Council Standing Committee on Administration and Management of the International Telecommunication Union (ITU), the United Nations(UN) specialized agency for information and communication.
Aprajita Sharrma, an Indian Post & Telecommunication Accounts and Financial Services (IP&TAFS) officer was appointed as the vice-chair of the Standing Committee on Administration and Management at the ITU at Council meetings held in Geneva, Switzerland from 21st March to 31st March 2022.

  • She will remain as vice-chairperson of the Council Standing Committee for the years 2023 and 2024 and its chairperson for the years 2025 and 2026.

About Aprajita Sharrma:
i.At present, Aprajita Sharrma serves as the Deputy Director General (DDG), Budget and Public Enterprise Finance in the Department of Telecommunications, Ministry of Communications. 
ii.She has participated in several ITU activities and she is also the rapporteur for study group 2 at ITU development sector. 
iii.She plays a major role in writing the final report along with ITU and member countries for the 2018-2021 period on ICTs and the environment, which deals with the e-waste management and role of frontier technologies in climate change mitigation
Functioning of ITU:
i.The ITU is governed by the Plenipotentiary Conference and the Administrative Council.
ii.The Plenipotentiary Conference is the supreme organ of the Union. It is the decision making body that determines the direction of the Union and its activities.
iii.Council Standing Committee on Administration and Management acts as the ITU’s governing body in the interval between Plenipotentiary Conferences.

  • The council’s role is to consider broad telecommunication policy issues to ensure that the Union’s activities, policies and strategies fully respond to the current dynamic, rapidly changing telecommunications environment.

About International Telecommunication Union (ITU):
Secretary-General– Houlin Zhao
Headquarters– Geneva, Switzerland
Founded in 1865

BANKING & FINANCE

SEBI introduces DDPI to replace PoA for Share Pledging; Bans NFOs by Mutual Fund Industry by 3 monthsSEBI introduces instruction slips to replace PoA

i.The Securities and Exchange Board of India (SEBI) has introduced a new document namely ‘Demat Debit and Pledge Instruction (DDPI)’ which will come into effect from July 1, 2022. 
ii.DDPI will replace Power of Attorney (PoA) for the purpose of pledging and repledging of stocks for margin purpose. It will be registered in the client demat account.
iii.SEBI bars the launch of new fund offer (NFO) or launching of fresh schemes by mutual funds (MFs) until the MF industry complies with SEBI’s new rules. The deadline for meeting the norms is extended by 3 months to July 1, 2022 from April 1, 2022.
About Securities and Exchange Board of India (SEBI):
Establishment – 12th April 1992 (In accordance with SEBI Act 1992)
Headquarters – Mumbai, Maharashtra
Chairperson – Madhabi Puri Buch
>> Read Full News

Payments Canada & TCS to Implement Real-Time-Rail Payment SystemPayments Canada picks TCS to evolve payments

Tata Consultancy Services (TCS) has formed a strategic relationship with Payments Canada, Canada’s largest payment organization, to transform its payment system operations and assist with the implementation of Real-Time Rail (RTR).

  • RTR is a revolutionary real-time payments system that will allow Canadians to send and receive irrevocable cash in seconds, 24 hours a day, 7 days a week, 365 days of a year.

i.TCS will assist Payments Canada in executing an integration roadmap for the RTR by utilizing its expertise in the Canadian payments industry and experience in developing and implementing large payment systems for its Canadian financial services clients.
ii. TCS will also use its solutions around quality engineering and participant engagement to effectively create and orchestrate a comprehensive end-to-end industry assurance programme that will holistically validate the solution for the deployment of RTR.
Real-Time Rail (RTR):

  • It will allow Payments Canada members to provide innovative ways for Canadians and businesses to pay and be paid in real time, as well as to access rich payment data.
  • It will provide certainty of receipt and serve as a platform for innovation, allowing ecosystem players such as financial institutions and payment service providers to create new and improved methods for Canadians to pay for goods and services and transfer money.

PNB Mandates PPS for High-Value Cheques to prevent check fraud

PNB makes verification of high-value cheques mandatory to check fraud

Punjab National Bank (PNB) has announced that it has made the Positive Pay System (PPS) mandatory for cheques of Rs. 10 lakhs and above, effective April 4, 2022, in order to protect clients from large-value check fraud.

  • The Positive Pay System (PPS) is developed by the National Payments Corporation of India (NPCI). It requires the customer who issues the high-value cheque to reconfirm some essential details, which are cross-checked while presenting the cheque for clearance before payment.

As this move is aimed at protecting customers against large value cheque fraud, only registered cheques in PPS are accepted under the dispute resolution mechanism.
Key Points:
i.It requires the PNB customers to share details like account number, cheque number, cheque alpha code, issue date, amount, and beneficiary name for clearing the high-value cheques under PPS.

  • These details are to be shared with the bank through any of the prescribed formats like internet banking, mobile banking, SMS banking, or their home branch at least 24 working hours before the cheque is presented for clearing. 

ii.PNB had introduced PPS for cheques of Rs. 50,000 and above presented in Cheque Truncation System (CTS) clearing from January 1, 2021, as per Reserve Bank of India (RBI) norms, It has also said that while availing of the facility is at the discretion of the account holder, banks may consider making it mandatory in case of cheque values of ₹5 lakh and above.
Cheque Truncation System (CTS)
Cheque Truncation System (CTS) or Image-based Clearing System (ICS),is a cheque clearing system undertaken by the Reserve Bank of India (RBI) for faster clearing of cheques. It promotes the processing of a cheque electronically, rather than a physical cheque, through the Magnetic Ink Character Reader (MICR) data and a scanned image.

  • Reserve Bank of India (RBI) introduced pan-India CTS in September 2020 to make cheque clearing safer and faster. Recently, it was made mandatory for all banks to implement Cheque Truncation System (CTS) in all their branches across the country by September 30, 2020.
  • All CTS cheques hold a watermark, with ‘CTS-INDIA’, which is visible when held against any light source.
  • Pantograph (wavelike design) with hidden / embedded word ‘VOID’ become clearly visible in photocopies of a cheque

About Punjab National Bank (PNB):
MD & CEO – Atul Kumar Goel
Establishment – 18 May 1894
Headquarters – New Delhi, Delhi
Tagline – The name you can bank upon

ECONOMY & BUSINESS

India’s Trade Deficit widens by 87.5% to record $192.41bn in FY22

India’s trade deficit widens by 87.5% to record $192 billion

In accordance with the preliminary data released by the Ministry of Commerce and Industry, India’s trade deficit increased by 87.5% to $192.41 billion in FY22 as against $102.63 billion in FY21. This is due to the record high imports of $610.22 billion because the value of inbound petroleum shipments nearly doubled as compared to a year earlier.

  • The value of total goods exported witnessed 43.18% growth to a record $417.81 in FY22, along with an increase in imports by 54.71% to $610.22 billion. This left a trade gap of $192.41 billion. 
  • The trade deficit in March 2022 was $18.69 billion.

Key Points:
i.There is 94.33% jump in petroleum imports’ value because of the rise in global crude oil prices amid Russia-Ukraine war. 
ii.The share of petroleum imports out of India’s total imports was 26.33% in FY22.
iii.The value of total goods exported in FY22  surpassed the target set by the Central Government by 5%.

  • This growth is driven by higher demand for engineering goods, petroleum products, and gems and jewellery.
  • In March 2022, exports touched $40.38 billion, as compared to $35.26 billion during the corresponding period a year earlier.
  • Value of non-petroleum and non-gems and jewellery exports in March was $29.38 billion, registering a growth of 4.79 per cent on the year-on-year basis.

iv.For the first time, India’s monthly merchandise exports exceeded USD 40 billion, reaching USD 40.38 billion in March 2022, an increase of 14.53 per cent over USD 35.26 billion in March 2021.
v.India’s merchandise crossed the $1 trillion mark for the first time ever.   

APPOINTMENTS & RESIGNATIONS         

Serbia’s President Aleksandar Vucic Re-elected for 2nd Term Serbia's president Vucic re-elected for second term

Aleksandar Vucic re-elected as the President of Serbia for the second term by winning the presidential election 2022 in Serbia. He belong to the Serbian Progressive Party (SNS).He defeated his Opposition presidential candidate Zdravko Ponos, a retired army general, while his United for Victory alliance obtained 13.1%.
About Aleksandar Vucic:
i.Aleksandar Vucic was born on  5 March 1970 in Belgrade, SR Serbia, SFR Yugoslavia.
ii.He is a politician by profession, serving as the president of Serbia since 2017 and as the president of the Serbian Progressive Party (SNS) since 2012.
iii.He  served as the Prime Minister of Serbia in two terms, from 2014 to 2016 and from 2016 until 2017, as well as the deputy prime minister from 2012 until 2014. 
About Serbia:
Capital– Belgrade
Currency- Serbian dinar

PharmEasy Appoints Actor Aamir Khan as Brand Ambassador of its #GharBaitheBaitheTakeItEasy campaign

PharmEasy, a consumer healthcare app & brand managed by API Holdings Limited., has appointed bollywood actor Aamir Khan as the brand ambassador of its new campaign – #GharBaitheBaitheTakeItEasy campaign, conceptualised by FCB India.
PharmEasy’s Television commercials(TVCs) featuring Aamir Khan will also be a part of the Indian Premier League(IPL) campaign 2022. 

  • As the face of the brand, he will also highlight how medicines, diagnostic tests, and healthcare products are available to customers through its app.
  • This partnership aims to reach more people and ensure that affordable healthcare is accessible to everyone.

ACQUISITIONS & MERGERS  

CCI approves Acquisition of Certain Compulsorily Convertible Preference Shares of HFL by AHVF II Holdings Singapore II Pte. Ltd 

The Competition Commission of India (CCI)  approved the acquisition of certain compulsorily convertible preference shares of Hero FinCorp Limited (HFL) by AHVF ll Holdings Singapore ll Pte. Ltd.

  • The approval was given under section 31(1) of the Competition Act 2002.
  • Target – Hero FinCorp Limited

Acquirer – AHVF II Holdings Singapore II Pte. Ltd.
Key points: 
i.Under the approval,  the subscription of certain compulsorily convertible preference shares by this Singaporean company, which upon conversion will represent a certain shareholding in HFL.
ii.The  AHVF II Holdings Singapore II Pte. Ltd.-
It is a private limited company incorporated in Singapore. It is owned by investment funds managed by affiliates of Apollo Management L.P. 
iii.Hero FinCorp Limited (HFL)-
HFL is registered as a systemically important non-deposit taking non-banking finance company (NBFC) with the Reserve Bank of India (RBI). 

  • It’s sole wholly owned subsidiary, Hero Housing Finance Limited, offers a range of housing loans and loans against property to various segments of society.

About Competition Commission of India (CCI):
Founded- 2003
Headquarters-New Delhi, Delhi
Chairperson-Ashok Kumar Gupta 

Tesla CEO Elon Musk Acquires 9.2% Stake in TwitterElon Musk Acquires 9-2% Stake In Twitter

According to the United States’ Securities and Exchange Commission (SEC) Schedule, 13G filing on 14th March 2022, Elon Musk, Chief Executive Officer (CEO) of Tesla Inc., has purchased a 9.2% stake in Twitter Inc.  
This purchase has made Elon Musk the largest shareholder of Twitter, with more than four times the 2.25% holding of Twitter founder Jack Dorsey. 
Key Points:
i.The 9.2% stake amounts to nearly 73 million shares, worth around ~USD 2.89 billion. He owns 73,486,938 shares of common stock in his personal capacity.
ii.The disclosure of this acquisition led to a 27% rise in Twitter share price in pre-market trading. 
Note: As per a 2018 SEC ruling, Musk has to get his tweets pre-approved to protect investors.
About Twitter Inc,:
CEO– Parag Agrawal
Founded in 2006
Headquarters– San Francisco, California, United States of America  

SCIENCE & TECHNOLOGY

I&B Minister Anurag Singh Thakur launches Broadcast Seva PortalI&B ministry launches Broadcast Seva Portal

On April 4, 2022, Union Minister Anurag Singh Thakur, Ministry of Information and Broadcasting (MIB) unveiled ‘Broadcast Seva (BS) Portal’ in New Delhi (Delhi) which is an online facility for people for speedy filing and processing of applications of broadcasters for licenses, permissions, registrations, etc. 

  • Owned by MIB, this portal is an effort towards Digital India, and Ease of Doing Business in the broadcasting sector.
  • It also caters to the Central Government initiatives towards ‘Minimum Government, Maximum Governance’.

Developers:
It has been developed in cooperation with Broadcast Engineering Consultants India Limited (BECIL) and Tata Consultancy Service (TCS) Limited, the Technology Partner.
About Broadcast Seva Portal:
i.It has been integrated with the Ministry of Corporate Affairs portal.
ii.This portal will bring transparency, accountability and responsiveness by reducing human interface, and the turnaround time of applications.
iii.It will also be linked with the National Single Window System.
iv.It will directly benefit more than 900 satellite TV channels, 70 teleport operators, 1,700 multi-service operators, 350 community radio stations, 380 FM channels and others.
v.Various services and features of the portal includes: End-to-end processing, Integration with payment system (Bharat Kosh), Integration with E-Office and stakeholder ministries
Analytics, Reporting and Management Information System (MIS), Integrated Helpdesk, Application forms and status tracking, Downloading letters/orders from the portal itself, Alerts to stakeholders (SMS/E-Mails).

China Unveiled The World’s Largest Electric Cruise Ship Worth USD 23.5 millionWorld's largest electric cruise ship' makes maiden voyage in China

China unveiled the world’s largest electric cruise ship “Yangtze River Three Gorges 1 which costs around United States Dollar (USD) 23.5 million. The ship made its maiden voyage in Yichang, Hubei, China.

  • The ship aims to promote and expand China’s marine electric vehicle market, and to build a ‘low carbon future’ by promoting “Zero-emissions”.
  •  Yangtze River Three Gorges 1 will be used for commercial purposes and for sightseeing trips in Yichang.

Yangtze River Three Gorges 1:
i.Yangtze River Three Gorges 1 was manufactured by Yangtze power company under China Three Gorges Corporation and the Hubei Yichang transportation group and supported by the Chinese government.
ii.The ship is equipped with Ningde Times batteries, with 15 independent battery packs adding up to around 7500 Kilowatt Hours (KWH) developed by world’s No. 1 battery manufacturer for electric cars ‘Contemporary Amperex Technology Co. Limited (CATL)’.
iii.As the ship is 100 metres long and 16 metres wide, it can carry about 1,300 passengers.
iv.The ship can travel upto 100 kilometres on a single charge. And the power to operate the ship comes from the Three Gorges Dam, Yichang, China.
Specifications Of Yangtze River Three Gorges 1:
i.The ship has an automatic control system and intelligent power management system.
ii.It has the world’s first “high-voltage + low-voltage” charging scheme, and also it has Direct Current (DC) grid distribution system, full rotary rudder system, large ship DC inverter central air-conditioning system.
About China:
President – Xi Jinping
Capital – Beijing
Currency – Chinese Yuan Renminbi (CYN)

Dr Jitendra Singh Launches “Mission Integrated Bio-refineries” to Accelerate Clean EnergyDr Jitendra Singh launches Integrated Clean Energy Material Acceleration Platform

i.Dr Jitendra Singh, Union Minister of State (Independent Charge) Science & Technology, launched “Mission Integrated Bio-refineries” a major futuristic Public Private Participation (PPP) model initiative for ‘Clean Energy’ during the Mission Innovation (MI) Annual Gathering. This aims to accelerate clean energy solutions through the Public-Private Alliances. 
ii.He also launched 3 Material Acceleration Platforms (MAP), set up by the Department of Science and Technology (DST) under the Ministry of Science & Technology(MoST), with a total outlay of USD 6 million. 

  • Integrated Clean Energy Material Acceleration Platform on Storage.
  • Integrated Clean Energy Material Acceleration Platform on Materials.
  • Integrated Clean Energy Material Acceleration Platform on Bioenergy & Hydrogen.

About Ministry of Science and Technology (MoST):
Minister of State (Independent Charge)– Dr Jitendra Singh (Constituency- Udhampur, Jammu and Kashmir)
>> Read Full News

SPORTS

La’eeb unveiled as official mascot for FIFA World Cup Qatar 2022

Fédération Internationale de Football Association (FIFA) has unveiled La’eeb as the official mascot for the FIFA World Cup Qatar 2022 during the draw for the FIFA World Cup Qatar 2022, which took place in Doha,the capital of Qatar.
i.La’eeb” – a super skilled player (in Arabic), is playful, adventurous and curious.
ii.According to FIFA and the Tournament organising body ,The Supreme Committee for Delivery and Legacy (SC) ,the mascot represents donning the flowing Qatari National dress and trying to stop the football in air. 
iii.According to the Supreme Committee (SC), La’eeb comes from a parallel world where tournament mascots live. It is a world where ideas and creativity form the basis of characters that live in the minds of everyone.
iv.Also La’eeb encourages everyone to believe in themselves as ‘Now is All’.
Note:
FIFA World Cup Qatar 2022 is the first FIFA World Cup in the Middle East and also in the Arab World.

IMPORTANT DAYS

International Day of Conscience 2022 – April 5 International Day of Conscience - April 5 2022

United Nations(UN)’s International Day of Conscience is annually observed across the globe on 5th April to promote a culture of peace with love and conscience in accordance with the culture and other appropriate circumstances or customs of their local, national and regional communities.
5th April 2022 marks the observance of the 3rd International Day of Conscience. 
Background:
i.At the 73rd session of the United Nations General Assembly(UNGA), the Kingdom of Bahrain sponsored an initiative by the Prime Minister, His Royal Highness Prince Khalifa bin Salman Al Khalifa, to designate 5 April as an International Day of Conscience. 
ii.The UNGA adopted the resolution A/RES/73/329 on 25th July 2019 and proclaimed the 5th April of every year as the International Day of Conscience.
iii.The first International Day of Conscience was observed on 5th April 2020.
>> Read Full News

59th National Maritime Day – 5th April 2022 National Maritime Day - April 5 2022

National Maritime Day, also known as Merchant Navy Flag Day, is annually observed across India on 5th April to recognise and remember the glorious maritime history of India and to create awareness about the importance of the maritime sector towards the economic growth of India. 
5th April 2022 marks the observance of the 59th edition of the National Maritime Day.

The theme of National Maritime Day 2022 is “Propelling Indian Maritime Industry to Net Zero

  • The first-ever National Maritime Day was celebrated on 5th April 1964. Since then every year this day is celebrated as the NMD.

Merchant Navy Week for Maharashtra:
i.On 31st March 2022, Bhagat Singh Koshyari, Governor of Maharashtra, inaugurated the Merchant Navy Week for Maharashtra at Raj Bhavan in Mumbai, Maharashtra. 
ii.A week preceding the National Maritime Day is celebrated as Merchant Navy Week.
About Directorate General of Shipping:
Director-General– Amitabh Kumar
Headquarters– Mumbai, Maharashtra
>> Read Full News

STATE NEWS

UP CM Yogi Adityanath launches “School Chalo Abhiyan” for holistic development of primary educationUP CM Yogi launches “School Chalo Abhiyan”

On April 4, 2022 Uttar Pradesh Chief Minister Yogi Adityanath launched the “School Chalo Abhiyan” with a view to ensure 100 percent enrolment in Primary and Upper Primary schools from Jaichandpur Katghara upper primary school in Shravasti district of Uttar Pradesh (UP).

  • The ‘School Chalo Abhiyan’ is being started in the Shravasti district because of its lowest literacy rate with an average of 46.74 percent.
  • Other Districts with low literacy rates in UP are Bahraich , Balrampur , Badaun and Rampur .

About School Chalo Abhiyan: 
i.The scheme aims at transforming primary education and holistic development of primary schools.
ii.A target has been set to connect two crore children with the drive.
iii.Under the scheme all Teachers, Principles, Officials and also People’s representatives should themselves take every child who is deprived of school education to school, register them, and provide them with facilities like free uniform, books, bag, shoes, sweaters etc,. 
iv.Also the Government schools must achieve all the goals of ‘Operation Kayakalp’ which aims at giving schools a facelift.
About Operation Kayakalp:
i.Operation Kayakalp aims to improve the basic education of the state run schools under various initiatives. 
ii.All Governmental buildings like primary schools/Junior High schools, Anganwadi centre, Auxiliary nurse midwife Centre etc. should be properly maintained and used  after repair. 
iii.Under the scheme Village secretariat/Pachayat Bhawans etc may be used as Library/Service Centers/Knowledge Centers/Kaushal Vikas Kendras.

TN CM launches ‘Kaaval Uthavi’ app for Public During Emergency 

TN CM launches 'Kaaval Uthavi' app for public during emergency

The Chief Minister (CM) of Tamil Nadu (TN), M K Stalin launched ‘Kaaval Uthavi’ app having 60 features that will provide police assistance to the people particularly women during any emergency situation.
About ‘Kaaval Uthavi’ app:
i.The app features a facility to dial 112/100/101 to make direct calls with the police control room. The Dial 100 facility has been integrated with the app.
ii.It will allow people to virtually reach the city police control room in a few seconds by clicking an ‘emergency button’ of the app. 

  • The user’s live location will be shared with the control room by pressing the emergency red button.

iii.The user details will also be identified and the nearest police station/patrol vehicle will be alerted to provide the required assistance to the user.
iv.The mobile compliant feature can be used to register real-time mobile based complaints with the control room along with a short video or image by selecting the required complaint type..

  • Other features– police station locator with direction and dial feature and control room directory,Lost document report, vehicle verification, FIR and CSR status etc. will be provided.

About Tamil Nadu:
Governor- R. N. Ravi
Bird sanctuary-Udayamarthandapuram Bird Sanctuary, Melaselvanur-Keelaselvanur Bird Sanctuary
Festivals– Puthandu(Tamil New Year),Chithirai Thiruvizha, Karthigai Deepam

ICAI, J&K government collaborate to promote commerce education in the valleyICAI, J&K govt collaborate to promote commerce education

The Institute of Chartered Accountants of India (ICAI) has signed an Memorandum of Understanding (MoU) with the Directorate of School Education, Kashmir (DSEK), for promoting Commerce Education among students of the Union Territory of Jammu and Kashmir (J&K) for a period of five years.
i.The MoU has been signed for promoting commerce education amongst government and government-aided secondary and higher secondary school students.
ii.Also the ICAI had announced a 75 percent course fee waiver for all levels of Chartered Accountant courses for students from the Union Territories of Jammu & Kashmir, Ladakh and for the North-Eastern States.
About Institute of Chartered Accountants of India (ICAI)
The Institute, functions under the administrative control of the Ministry of Corporate Affairs, Government of India. The ICAI is the second largest professional body of Chartered Accountants in the world.
President – CA Debashis Mitra
Established in- 1949
Headquarters – New Delhi

Karnataka is to Set Up Exclusive Cooperative Bank for Dairy Industry

The Chief Minister of Karnataka Basavaraj Bommai is planning to set up the ‘Nandini Ksheera Samridhi Sahakara Bank’, a India’s first dairy co-operative bank to provide financial strength for milk producers of Karnataka.

  • This will further give a boost to the dairy industry in the State and increase the revenue of the farmers.

The Union Minister for Home and Cooperation Amit Shah presided over the event and launched the logo of the Nandini Ksheera Samridhi Sahakara Bank.
Key Points:
i.The Karnataka Milk Federation has provided supplementary sources of employment and income for farmers. There are about 26 lakh dairy farmers, 14,900 milk producers’ cooperative societies, and 15 milk unions in the State.

  • This special programme in the dairy industry intends to provide financial aid & improve economic status to the Milk Producers Cooperatives, which has a turnover of Rs. 20, 000 crores a day in various banks.

ii.This proposed cooperative bank will have a capital of Rs. 360 crores, with the Karnataka state government contributing Rs. 100 crores and the Milk Federation and Cooperatives contributing Rs. 260 crores to encourage economic activity in the rural hinterland.
iii. The state government has also decided to computerize all the Primary Agricultural Credit Societies (PACS).
iv.In the state budget, the state government allocated Rs. 300 crores to restart the “Yeshaswini” health insurance scheme for farmers and their families.
v.Arrangements are done to provide Interest free farm loans worth Rs. 24,000 crores to 33 lakh farmers.
About Karnataka:
Chief Minister – Basavaraj Bommai
Governor – Thawar Chand Gehlot
UNESCO Heritage Sites – Group of Monuments at Hampi ; Group of Monuments at Pattadakal 

Manipur govt signs MoU with Samsung & Abhitech to set up Sports Digital Experience Centre in ImphalManipur govt signs MoU with Samsung and Abhitech to set up sports digital experience centre in Imphal

The  government of Manipur signed a Memorandum of Understanding (MoU) with Samsung Data System India Pvt Ltd & Abhitech IT Solutions Pvt Ltd to set up a world-class “Sports Digital Experience Centre”as a part of Manipur Olympian Park and Khuman Lampak Sports Complex in Imphal.

Signatories:Special secretary, Youth Affairs and Sports, Government of Manipur, Namoijam Kheda Varta Singh, Tae Heun Kim, director of Business Development, India and SAARC, Samsung Data System India, and CEO and director Abhitech IT Solutions, Amit Mohan Srivastava signed the agreement at a special program.
Key points:
i.It is estimated that the construction of Manipur Olympian Park at Sangaithel, would be completed within 100 days.

  • The statues of the 19 Olympians will be installed as a mark of honour for their dedication in the field of games and sports.
  • Achievements of other players will also be displayed at Khuman Lampak Sports Complex.

ii.After the establishment of the Digital Experience Centre, various achievements of Olympians from Manipur will be digitally showcased to spread awareness about sports in the state.
iii.These  initiatives will help in improving and enhancing the performance of talented sportsmen  through the latest technologies like sports analytics, virtual reality and mixed reality among others.
About Manipur:
Governor– La. Ganesan
Rivers- Nambul River, Khuga River, Tuitha River
Lakes- Waithou Lake, Kachophung lake, Loktak Lake

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Current Affairs Today (AffairsCloud Today)

S.noCurrent Affairs 6 April 2022
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