Current Affairs 11 September 2020

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Top 20 Current Affairs of 11 September 2020

NATIONAL AFFAIRS

Union Cabinet Approves 3 Labour Law Codes, to be Moved in Monsoon Session of Parliament

On September 08, 2020, The Union Cabinet led by Prime Minister Narendra Modi approved amendments to the Labour Code on Social Security, Code on Industrial Relations (IR), and Code on Occupational Safety and Health (OSH).  The codes will now be moved in the Monsoon Session of Parliament, which starts from September 14, 2020. 

• The Codes includes benefits like pension, medical benefits to gig workers (Independent contractors, online platform workers, contract workers, on-call workers and temporary workers), and will allow states to introduces significant changes to their labour laws framework, such as rules for retrenchment (act of cutting down or reduction) through notifications.
• Code on Wages has already been passed by the Parliament on July 30, 2019, and the 3 remaining Codes were sent to the Parliamentary Standing Committee on Labour for scrutiny. The Committee submitted its report on the Three Codes. 

About Ministry of Labour & Employment:
Minister of State (MoS) (Independent Charge) – Santosh Kumar Gangwar
Headquarters – New Delhi
<<Read Full News>>

Union Minister Nirmala Sitharam Inaugurated Doorstep Banking Services by PSBs & Declared EASE 2.0 2019-20 Awards Virtually

i.On September 9, 2020, Union Minister of Finance & Corporate Affairs Nirmala Sitharaman virtually inaugurated Doorstep Banking Services by Public Sector Banks (PSBs) and participated in the online awards ceremony to felicitate best performing banks on EASE Banking Reforms Index for FY19-20. 
ii.Doorstep Banking Services is a part of EASE (enhanced access and service excellence) Reforms to provide convenience of banking services to the customers by the PSBs at their door step through Call Centre, Web Portal or Mobile App at nominal charges.   
iii.The EASE 2.0 awards for FY19-20 were presented in 3 categories viz. Category 1: Theme-Wise Winners, Category 2: Top Improvers, and Category 3: Top Performing Banks
Major achievements by PSBs between March 2018 to March 2020
–Gross NPAs reduced from Rs 8.96 lakh crore in March-2018 to Rs 6.78 lakh crore in March-2020.
–Asset quality has improved significantly, with the net NPA ratio reduced from 7.97% in March 2018 to 3.75% in March 2020.
–There is a sharp decline in fraud occurrence from 0.65% of advances during FY10-FY14 to 0.06% in FY19-20.
–Record recovery of Rs 2.27 lakh crore in FY19-FY20 due to newly setup dedicated stressed account management verticals in PSBs.
–Number of PSBs under Prompt Corrective Action (PCA) reduced to three.
–The provision coverage ratio of 80.9% is highest in eight years.
About Ministry of Finance:
Nirmala Sitharaman Constituency– Karnataka, Rajya Sabha.
Minister of State (MoS)– Anurag Singh Thakur
<<Read Full News>>

Atal Innovation Mission Launches Aatmanirbhar Bharat ARISE-ANIC Initiative 

On September 09, 2020, Atal Innovation Mission (AIM), NITI Aayog launched Aatmanirbhar Bharat ANIC-ARISE Challenges (Atal New India Challenges in Applied Research and Innovation for medium and Small Enterprises) to stimulate applied research and innovation in Indian Micro, Small & Medium Enterprises (MSMEs) and startups. 
It will be driven by Indian Space Research Organization (ISRO) and four ministries namely Ministry of Defence, Ministry of Food Processing Industries, Ministry of Health and Family Welfare and Ministry of Housing and Urban Affairs to facilitate innovative solutions to sectoral problems.
About Atal Innovation Mission (AIM):
Mission Director – Ramanan Ramanathan 
Headquarters – New Delhi
About Ministry of Micro, Small & Medium Enterprises (MSME):
Union Minister – Nitin Jairam Gadkari
Minister of State (MoS) – Pratap Chandra Sarangi
<<Read Full News>>

Ministry of Home Affairs Approved to Rename Hubbali Railway Station as Shree Siddharoodha Swamiji Railway Station, Hubbali

On 9th September 2020, The Ministry of Home Affairs approved the long pending demand  to rename the Hubbali Railway Station as Shree Siddharoodha Swamiji Railway Station, Hubbali in Karnataka after Sri Siddharoodha Swami.

• The government of Karnataka has to formally issue a Gazette notification for the proposed name change with the spelling of the new name in Devnagri (Hindi), Roman(English) and Regional language.
• As per Ajay Kumar Singh, General Manager of Southern Western Railways ,the State government issues the gazette notification to complete the name change process.

Background:

Lalita T. Hedaoo, Under-secretary to the Union Ministry of Home Affairs in a letter to the Principal Secretary, Karnataka’s Revenue Department, has asserted the no objection certificate from Minister of Home Affairs for rename process.

About Karnataka:
National Park- Bannerghatta Biological Park (recently in news), Kudremukh National Park (recently in news), Nagarahole National Park also known as ‘Rajiv Gandhi National Park’ (recently in news), Dandeli-anshi National park, Bandipur National Park
Tiger Reserve–  Bandipur Tiger Reserve (recently in news), Nagarahole tiger reserve (recently in news), Dandeli-anshi-tiger-reserve (recently in news), Bhadra Tiger Reserve, Biligiriranganatha Swamy Temple(BRT) Tiger Reserve.

India & Japan sign Agreement on Reciprocal Provision of Supplies and Services 

i.On September 10, 2020, India and Japan signed an Agreement concerning Reciprocal Provision of Supplies and Services or Acquisition and Cross-Servicing Agreement (ACSA) between the Armed Forces of India and the Self-Defense Forces of Japan. 
ii.It establishes a framework for closer cooperation between the Armed Forces of India and Japan in bilateral training activities, United Nations Peacekeeping Operations, Humanitarian International Relief and other mutually agreed activities.
iii.The agreement was signed by Defence Secretary Dr Ajay Kumar and Ambassador of Japan Mr Suzuki Satoshi in New Delhi. 
About Japan:
Capital – Tokyo
Prime Minister – Shinzo Abe (He has announced his retirement on August 28 but will remain in the post until a successor is chosen)
Currency – Japanese Yen
<<Read Full News>>

Prime Minister launches PM Matsya Sampada Yojana, e-Gopala App & several initiatives in Bihar

On September 10, 2020, Prime Minister Narendra Modi launched Pradhan Mantri Matsya Sampada Yojana(PMMSY), e-Gopala App for farmers in Bihar through virtual mode. He launched several initiatives in fisheries and animal husbandry sectors in Bihar. 
Bihar Governor Phagu Chauhan, Bihar Chief Minister Nitish Kumar, Union Minister for Fisheries, Animal Husbandry and Dairying, Giriraj Singh, Minister of State (MoS) for Ministry of Fisheries, Animal Husbandry and Dairying, Sanjeev Kumar Balyan and Pratap Chandra Sarangi were present during the launch.
About Project Tiger:-
It was launched during the tenure of Prime Minister Indira Gandhi in April 1973, Project Tiger is a tiger conservation programme by the Government of India.The Project aims to increase the number of Tigers in India. Kailash Sankhala was the first director of Project Tiger.
About Project Elephant:-
It was launched in 1992 by the Government of India Ministry of Environment and Forests to provide financial and technical support to wildlife management efforts by states for their free-ranging populations of wild Asian Elephants.
<<Read Full News>>

INTERNATIONAL AFFAIRS

India, France, Australia hold 1st Trilateral Dialogue on Economic, Strategic Challenges in Indo-Pacific

i.On September 9, 2020, the first trilateral dialogue between foreign secretaries from India, France and Australia was held virtually to discuss geo-strategic challenges, enhancing cooperation and to build strong bilateral relations between the trio to ensure a peaceful, secure, prosperous and rules-based Indo-Pacific Region.
ii.The meeting was co-chaired by India’s foreign Secretary Harsh Vardhan Shringla, Secretary-General of the Ministry of Europe and Foreign Affairs of France, Francois Delattre; Australian Department of Foreign Affairs and Trade Secretary, Frances Adamson.
iii.The focus of the meeting was Covid-19 pandemic and domestic responses to it.
About Australia:
Capital– Canberra
Currency– Australian dollar
Prime Minister– Scott John Morrison
About France:
Capital– Paris
Currencies– Euro, CFP franc
Prime Minister– Jean Castex
<<Read Full News>>

World free of industrially produced trans fats by 2023, if limit set to 2% of oil & fats: WHO report 

i.In accordance with the report titled, “Countdown to 2023: WHO report on global trans-fat elimination 2020” released on September 8, 2020, so far 58 countries have introduced laws that will protect 3.2 billion people from the harmful substance by the end of 2021. Meanwhile more than 100 countries still need to take actions to remove these harmful substances from their food supplies including India, the country with most coronary heart disease deaths due to trans fats.
ii.To achieve a world free of industrially produced trans fats by 2023, WHO recommended that countries should set mandatory limits for industrially produced trans fats to 2% of oils and fats in all foods or to ban partially hydrogenated oils (PHO).
iii.WHO recommends that trans fat intake be limited to less than 1% of total energy intake, which translates to less than 2.2 g/day with a 2,000-calorie diet.
About World Health Organization (WHO):
Director-General– Dr Tedros Adhanom Ghebreyesus
Headquarters– Geneva, Switzerland
<<Read Full News>>

MoS V. Muraleedharan Virtually Attended 10th East Asia Summit Foreign Ministers’ Meeting 

i.On September 9 2020, V. Muraleedharan, Minister of State(MoS) for External Affairs attended the 10th East Asia Summit(EAS) Foreign Ministers’ Meeting. The Meeting was held over a virtual platform. 
ii.The meeting was chaired by Mr. Pham Bin Minh, Deputy Prime Minister and Foreign Minister of Socialist Republic of Vietnam.During the meeting the ministers exchanged their views on the present regional and international developments including COVID-19 pandemic and  cooperation in order to attain a speed and sustainable recovery.

About The East Asia Summit (EAS):
It is the Indo-Pacific’s premier forum for strategic dialogue by leaders of, initially, 16 countries in the East Asian, Southeast Asia and South Asian Membership expanded to 18 countries. It is to be noted that it is the only leader-led forum at which all key partners meet to discuss the full range of political, security and economic challenges faced in  the Indo-Pacific.
Members– 18(including India and 10 Association of Southeast Asian Nations-ASEAN countries).
<<Read Full News>>

68% Average Decline in Species Population Sizes Since 1970 :WWF Report

i.In accordance with the World Wildlife Fund’s (WWF) Living Planet Report 2020, the global vertebrate population declined to an average of 68% between 1970 and 2016. 
ii.The reasons behind this decline is changes in land and sea use, overexploitation of species, high pollution levels, climate change, habitat loss and degradation, including deforestation, driven by humanity.
iii.Global freshwater species have also been disproportionally impacted, declining 84% on average. For eg: The Chinese sturgeon found in the famous Yangtze River, whose spawning population has declined 97% between 1982 and 2015 due to damming of the waterway.
About WWF International:
Director General– Marco Lambertini
Headquarters– Gland, Switzerland
<<Read Full News>>

World Getting Closer to Passing 1.5-degree Celsius Warming Limit: UN 2020 Report

i.As per the United Nations Science 2020 report, the second in a series highlighted that the world is nearing to pass the temperature limit set by global leaders 5 years ago(limits set in 2015 by world leaders in the Paris climate change agreement)
and may exceed it in the next decade or so.
ii.In the next 5 year, the world has about a 1-in-4 chance to experience a year that is hot enough to keep the global temperature at 2.7 degrees (1.5 °C) above pre-industrial times.
Continue efforts to reduce global warming will significantly reduce the risks and impacts of climate change.

• Paris Agreement’s central aim is to strengthen the global response to the threat of climate change by keeping a global temperature rise this century well below 2 degrees Celsius above pre-industrial levels and to pursue efforts to limit the temperature increase even further to 1.5 degrees Celsius.

About UN Environment Programme(UNEP):
Executive Director– Inger Andersen 
Headquarters– Nairobi, Kenya
<<Read Full News>>

BANKING & FINANCE

Mastercard Launches Central Bank Digital Currencies (CBDCs) Testing Platform

On September 09, 2020 Mastercard launched Central Bank Digital Currencies (CBDCs), a Virtual Testing Environment for Central Banks to Assess and Explore National Digital Currencies.  
i.Mastercard has invited Central Banks, Commercial Banks and tech and advisory firms to evaluate the suitability of CBDCs in a country or region.
ii.The testing platform will allow central banks to evaluate use cases and  test roll-out strategies for CBDCs by simulating a CBDC ecosystem. 
About Mastercard 
Chief Executive Officer – Ajay Banga
Headquarters – New York, United States
<<Read Full News>>

ICICI Prudential Life Insurance Partnered with NSDL Payments Bank to offer insurance products

ICICI Prudential Life Insurance Company Limited (ICICI Prudential Life) has entered into a corporate agency agreement with NSDL Payments Bank, a subsidiary of NSDL(National Securities Depository Ltd), the 1st and largest depository in India.  ICICI Prudential Life will offer its customer centric protection and savings products to the customers of NSDL Payments Bank under the agreement.
The key objective of ICICI Prudential Life and NSDL Payments Bank is to leverage technology to provide a flexible and immersive experience to customers.
Key Info
ICICI Prudential Life by offering its innovative and easy to understand life insurance POS
(Point of Sale) products on the POS network of NSDL Payment Bank across the country attempt to cover the uninsured population of the country.
Additional Info
This partnership helps ICICI Prudential Life to increase its presence on
new-age distribution touch-points and to fulfil its commitment to address the huge protection gap in the country
About ICICI Prudential Life Insurance Company Limited:
Managing Director(MD) & Chief Executive Officer(CEO)–  N. S. Kannan
HeadOffice– Mumbai, Maharashtra
About NSDL Payments Bank:
HeadQuarters– Mumbai, Maharashtra
Chairman– G. V. Nageswara Rao

ECONOMY & BUSINESS

Razorpay Launched Cash Advance, Collateral Free LOC to Increase MSME Cash Flow

On 8th September 2020, Razorpay, leading financial solutions company launched its tech-enabled services “Cash Advance” – a collateral free line of credit for businesses to support and recover the cash flow of the capital of Micro, Small, and Medium Enterprises(MSMEs).
Cash Advance:
i.Cash Advance is a short term credit line to improve the cash flow of the businesses by providing easy, instant and less stressful financing processes.
ii.The business without high credit score or other requirements can also avail short term loans through cash advance.
Features:
i.Under the Cash Advance, the MSMEs can borrow the working capital with a credit limit of 50000 to 10 lakh through the Razorpay dashboard.
ii.The loan will be provided based on the credit history of the business.
iii.The business can renew the Cash Advance with every 6 or 12 months with easy auto repayment options.
About Razorpay:
CEO & Co-Founder– Harshil Mathur
CTO & Co-Founder– Shashank Kumar
Headquarters– Bengaluru, Karnataka

APPOINTMENTS & RESIGNATIONS          

AITA Elected Anil Jain, Rajya Sabha Member as its New President 

On 6th September 2020, Anil Jain, elected member of Rajya Sabha and national general secretary was elected as the new President of All India Tennis Association(AITA) succeeding Praveen Mahajan. During the Annual General Meetings(AGM) of the national federation, Anil Dhurpar, Secretary of Madhya Pradesh Tennis Association (MPTA) was appointed as the Secretary general of AITA replacing Hironmoy Chatterjee.
Other elected Members:
i.The 7 elected vice presidents of AITA includes, Hironmoy Chatterjee, Chintan N Parikh, Navneet Sehgal, Anil Khanna, Bharat N Oza, C S Sunder Raju, Vijay Amritraj, Rajan Kashyap.
ii.Rohit Rajpal, non-playing Captain of India’s Davis Cup team was elected as the treasurer for a 4-year term from 2020- 2024.
iii.The 4 elected joint secretaries were, Sunder Iyer of Maharashtra State Lawn Tennis Association, Prem Kumar Karra of Tamil Nadu Tennis Association and Suman Kapur of Haryana Lawn Tennis Association and Raktim Saikia of All Assam Tennis Association (this is the first time for AITA to have 4 joint secretaries).
iv.Akhouri B Prasad, Aneil Mahajan, Ankush Dutta, Ashok Kumar, Gurucharan Singh Hora, Murti Gupta, Thomas Paul were the executive committee members of AITA for 2020-2024.
About All India Tennis Association(AITA):
President- Anil Jain
Headquarters– New Delhi

SPORTS

Wushu Stalwart Poonam Khatri’s Silver Medal at 2019 World Championship  Upgraded to Gold Medal 

Poonam Khatri who won the Silver Medal at the 15th edition of World Wushu Championships (WWC) 2019 held at Minhang Gymnasium in Shanghai, China has now been upgraded to Gold Medal. 
i.Poonam is now the third Indian to win a Gold in Wushu World Championship after Pooja Kadiyan (2017) and Praveen Kumar (2019). 
ii.Her Gold Medal got upgraded after Iran’s Maryam Hashemi failed in her dope test.  Maryam won the gold medal in the Women’s Sanda event after defeating Poonam Khatri in the finals of the  75 kg category.
iii.Wushu sanda is a martial art which combines full-contact kickboxing, including close range punches and kicks, with wrestling, takedowns, throws, sweeps and kick catches.
About Poonam Khatri:
i.Poonam was born in Soldha village in Haryana’s Jhajjar District. 
ii.Poonam is also a seven-time Senior National Wushu Championships gold medallist.

IMPORTANT DAYS

Himalyan Day or Himalaya Diwas 2020 – September 9

i.Himalaya Diwas or Himalaya Day is annually celebrated across India particularly in Uttarakhand on 9th September to create and spread awareness on the conservation of the Himalayan Ecosystem. 
ii.In 2014, Chief Minister of Uttarakhand Harish Rawat accepted the proposal of Ajay Bhatt, opposition party leader and declared the 9th of September of every year beginning from 2015 will be observed and celebrated as the Himalaya Day.
iii.The Vice President of India, M.Venkaiah Naidu participated in a webinar and called for an active participation of the youths and citizens to make the conservation of nature as a peoples movement.On the occasion, Naidu was also virtually presented the copy of a book titled “Sansad Mein Himalaya” written by Union Education Minister Ramesh Pokhriyal ‘Nishank’.
Theme of 2020 : ‘Himalayas and Nature’
About Uttarakhand:
Chief Ministers– Trivendra Singh Rawat (8th CM of Uttarakhand)
Governor– Baby Rani Maurya (7th Governor of Uttarakhand)
Capital– Dehradun
<<Read Full News>>

1st International Day to Protect Education from Attack 2020:  September 9 

i.The United Nations'(UN) 1st International Day to Protect Education from Attack is observed on September 9, 2020 to raise awareness about the importance of safeguarding schools as places of protection and safety for educators and students. The day indicates that education is under attack.
ii.Theme for 2020– “Protect Education, Save a Generation.” 
iii.The day also highlights the need to keep education at the top of the public agenda. This remains as a top preference, while governments continue to fight with the COVID-19 pandemic, which has led to school closures for more than 90% of the world’s student population.
About United Nations Children’s Fund(UNICEF):
Executive Director – Henrietta H. Fore
Headquarters – New York, United States of America
About United Nations Educational, Scientific and Cultural Organization(UNESCO):
Director-General– Audrey Azoulay
Headquarters– Paris, France
<<Read Full News>>

World Suicide Prevention Day 2020 – September 10

i.World Suicide Prevention Day(WSPD) is annually observed across the world on 10th of September to raise awareness that the suicide can be prevented and to educate people to reach out for those who need help. The day is organised by International Association for Suicide Prevention (IASP) in collaboration with World Health Organisation (WHO).
ii.The first World Suicide Prevention day was hosted in 2003 by IASP in collaboration with WHO and World Federation for Mental Health (WFMH).
iii.The theme of 2018 World Suicide Prevention Day – “Working Together to Prevent Suicide” was retained as the theme for both 2019 and 2020 World Suicide Prevention Day.
About International Association for Suicide Prevention (IASP):
IASP provides a forum for students, mental health professionals, volunteers and suicide survivors.
President– Murad Khan
<<Read Full News>>

STATE NEWS

Nagaland Govt Launched its 1st ‘Naga Telehealth’, a TeleMedicine Platform

In order to provide quality healthcare services at the Ayushman Bharat – Health and Wellness Centres in Nagaland, S Pangnyu Phom, Nagaland Minister of Health and Family Welfare launched the state’s 1st tele-medicine platform, ‘Naga Telehealth’ in Kohima,Nagaland. 
It was developed by the state govt in partnership with  NISHTHA, a US Agency for International Development (USAID)’s health systems strengthening project, implemented by Jhpiego(An international, non-profit health organization affiliated with The Johns Hopkins University).
Points to be Noted
i.The platform enables people to connect with medical officers and specialist doctors to receive free of cost general and specialized tele-consultation at their doorstep.
ii.With the support of Christian Institute of Health Sciences and Research, Dimapur, Nagaland, a provision for referral and  tele-consultation with specialist physicians are also available in the platform
Key Info about the Naga Telehealth
i.It will be launched in a phased manner and will cover the targeted Health and Wellness Centres for the financial year 2020 – 21.
ii.Currently it is introduced in 82 sub health centres (SHCs) connected to medical officers at primary healthcare centres (PHCs) and district hospitals.
iii.It can also provide services to COVID-19 cases and manage essential health care services at the primary level.
iv.The platform is being launched in a web and android platform.
About Nagaland:
Capital– Kohima
Chief Minister–  Neiphiu Rio

Madhya Pradesh Govt Reintroduces Deendayal Antyodaya Rasoi Scheme 

On September 8, 2020 Madhya Pradesh Government during its 5th virtual cabinet meeting decided to reintroduce Deendayal Antyodaya Rasoi Scheme to provide nutritious and quality food to underprivileged people at a subsidised rate.
The scheme will be implemented by the Departments of Food and Civil Supplies and Urban Development.
The funds for the scheme will be raised through Department of Industrial Policy and Investment Promotion under Corporate Social Responsibility (CSR).
Key Info
i.The cabinet approved to set up 44 more centres(Kitchens) in addition to the 56 centres announced earlier, i.e., In 2020, 100 centres will be operated under the scheme.
ii.The amount for per plate has been increased to Rs 10 from Rs 5.
About Deendayal Antyodaya Rasoi Scheme

• In the name of BJP(Bharatiya Janata Party) ideologue Pandit Deendayal Upadhyaya, the scheme was launched in 2017 in 49 districts of the state.
• In May 2019, the scheme was discontinued due to the previous congress government.

About Madhya Pradesh:
Airport– Devi Ahilya Bai Holkar International Airport, Raja Bhoj International Airport
Governor– Anandiben Patel(additional Charge), She is the Governor of Uttar Pradesh.

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