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Current Affairs 16 February 2022

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MoTA sanctions Rs 2.26cr for festival of Medaram Jathara 2022 in Telangana

Union Ministry of Tribal Affairs sanctions Rs 2.26 cr for festival of Medaram Jathara 2022

The Ministry of Tribal Affairs (MoTA) has sanctioned Rs 2.26 crore for various activities related to the tribal festival of Medaram Jathara 2022, the second-largest fair of India, after the Kumbh Mela. 

  • It is celebrated by the second-largest Tribal Community of Telangana, the Koya tribe for four days. 
  • For 2022, it is being celebrated from February 16-19.

The festival aims to generate awareness and a harmonious bond between the visitors and the Tribal communities of Telangana.
Key Points:
i.The Medaram Jathara is celebrated biennially (once in two years) in the month of February in honour of the Goddesses Sammakka and Saralamma, mother and daughter duo. The Jatara begins at Medaram (a remote place in the Eturnagaram Wildlife Sanctuary) in Tadvai Mandal in Mulugu District, Telangana. 

  • It commemorates the valiant fight of these Goddesses against the then Kakatiya dynasty rulers protesting exaction of land tribute even at the time of severe drought. 
  • It was declared as State Festival during 1998.

ii.It should be noted that the tribal culture and heritage will be the cynosure for 2022, under the Azadi Ka Amrit Mahotsav.
iii.Further, the Ministry also sanctioned ₹ 7.00 Cr in 2019-20 and ₹ 5.00 Cr in 2021-22, under Article 271(1) for establishing infrastructure like multi-purpose buildings in and surroundings of Medaram for utilising those as community shelters during the Jathara period and as agriculture godowns in other seasons by local Tribals.

Central Govt constituted Ken-Betwa link Project Authority and 20-member Steering CommitteeCentre constitutes Ken-Betwa link project authorityi.The Central Government has constituted a Special Purpose Vehicle (SPV) i.e. Ken-Betwa Link Project Authority (KBLPA) for the implementation of the Ken-Betwa interlinking of rivers (ILRs) project. It also formed a 20-member National Steering Committee (SC) which will monitor the implementation.
ii.The SPV will be headed by a CEO (Chief Executive Officer) of additional secretary rank.
iii.On the other hand, the committee will be chaired by the Secretary (Currently- Pankaj Kumar), Ministry of Jal Shakti.
Static Points about Rives Betwa and Ken:
i.The river Betwa or Betravati which is also called river Vetrawati in Sanskrit one of the major river basins of Madhya Pradesh (MP). It is a tributary of the Yamuna. It rises in the Vindhya Range just north of Hoshangabad in MP and flows north-east through MP and Orchha to UP. 
ii.Ken River is one of the major rivers in the Bundelkhand region of central India. It is also a tributary of the Yamuna. The river originates near the Village Ahirgawan in Jabalpur District of MP and joins the Yamuna River, near Chilla Village in UP. 
>> Read Full News

GoI Bans Import of Drones; Exceptions for R&D, Defence & Security PurposesIndia bans import of drones, except for R&DThe Government of India (GoI) has announced a ban on import of foreign manufactured drones, with exceptions for research and development (R&D), defence & security purposes. This move is made by GoI to strengthen the domestic drone manufacturing industry under ‘Made in India Drones’ by the Directorate General of Foreign Trade (DGFT).
i.Union Budget FY23 has proposed the Drone Shakti scheme to facilitate the use of ‘Drones as a Service’ (DrAAS).
ii.The Production Linked Incentive scheme (PLI) of September 2021 provides up to 20% incentive to drone manufacturers, with an allocation of Rs 120 crore for 3 financial years. This is aligned with India’s aim of becoming a “global drone hub by 2030”.
iii.The DGFT issued an order prohibiting the import of drones in Completely-Built-Up (CBU), Semi-knocked-down (SKD) or Completely-Knocked-down (CKD) forms.
Exceptions for the Import of Drones
i.The Ministry of Civil Aviation (MoCA) provided the exceptions to import drones for Government & Educational institutes for R&D, defence and security with proper “due clearances” from DGFT.
ii.Also import of drone components will not require any prior approvals.
Drone Certification Scheme Rules
i.In August 2021, Ministry of Civil Aviation has notified ‘Drone Rules 2021’ replacing the United Aircraft Systems (UAS) rules.
ii.The Civil Aviation Ministry launched an airspace map of India, demarcating areas where drones can be used without permission and areas in which drones cannot be operated without obtaining prior permission from authorities.
About Ministry of Civil Aviation (MoCA):
Cabinet Minister – Jyotiraditya Scindia (Rajya Sabha- Madhya Pradesh)
Minister of State – V.K. Singh (Constituency – Ghaziabad, Uttar Pradesh)
Organisations under MoCA – Directorate General of Civil Aviation, Bureau of Civil Aviation Security and Airports Authority of India

Renault India partners CSC e-Governance Services to support PM Gramin Digital Saksharta Abhiyaan

Automaker Renault India has joined hands with CSC e-Governance Services (Common Service Centres) to support the Pradhan Mantri Gramin Digital Saksharta Abhiyaan (PMGDISHA), a programme aimed at providing digital literacy.
Aim behind this partnership:

  • To digitally empower citizens in rural areas by training them to operate computers, laptops, browse the internet, access government websites, banking service and undertake digital payments.
  • The aim of the program is to empower rural citizens in the age group of 14 to 60 years.

Key Points:
i.As a part of partnership, the company has handed over five cars to CSC e-Governance Services which will act as ‘Knowledge Repository on Wheels’ to upskill people in rural and semi-urban areas across India and help them develop financial and digital skills through information and knowledge.
ii.Through these cars, the VLEs (village-level entrepreneurs) will also spread awareness on the COVID-19 appropriate behaviour and protocols. 
iii.It should be noted that CSC has a mandate of training 6 crore rural citizens in digital skills under the PMGDISHA.
iv.In 2021, Renault had partnered with CSC Grameen eStore, a subsidiary of CSC e-Governance Services India Ltd (CSC-SPV) to strengthen its rural presence.

 India Blocks 54 Mobile Apps Over Security Threat, Privacy Risks

The Ministry of Electronics and Information Technology(MeitY) issued interim directions to ban 54 mobile applications of which over 50 apps are from Chinese origin. The ban was recommended by the Ministry of Home Affairs(MHA), as these apps pose a threat to India’s security. The 54 apps allegedly obtain various critical permissions and collect sensitive user data. 

  • The banned apps include Garena Free Fire; Beauty Camera: Sweet Selfie HD; Rise of Kingdoms: Lost Crusade; Viva Video Editor; Tencent Xriver among others.
  • Garena Free Fire is a Singapore-based app and the developer is not from China.

MeitY had banned the apps under Section 69A of the Information Technology Act 2000 which empowers to issue directions for blocking for public access of any information through any computer resource.

  • India has banned a total of 321 Chinese apps since May-June 2020
  • Official list was not released yet, the number of apps banned and the country to which it belong will be clear only after official announcement by Meity.

India Sign MoU with WFP to Provide Wheat to Afghanistan via Pakistan

India has signed a Memorandum of Understanding(MoU) with the United Nations(UN)’s World Food Programme (WFP) for the distribution of 50,000 MT of Wheat to Afghanistan as part of a humanitarian assistance to Afghanistan through the land bordered with Pakistan. 
The shipments, eventually divided into 5 batches of 10,000 MT, will be taken to Afghanistan and handed over to WFP officials in Kandahar, Afghanistan, starting from February 22(after Punjab Elections – February 20). 

  • The agreement between India and WFP was announced by the Indian Embassy in Rome, Italy. 
  • Neena Malhotra, Ambassador of India to Italy, handed over the MoU for WFP to take charge of the wheat convoys when they reach Afghanistan. 


Defence Secretary Ajay Kumar Co-chaired the 3rd India-Maldives Defence Cooperation Dialogue 2022 in Maldives

On 14th February 2022, Dr Ajay Kumar, Defence Secretary of India co-chaired the 3rd India – Maldives Defence Cooperation Dialogue(DCD) 2022 in Maldives with Major General Abdulla Shamaal Chief of Defence Force (CDF) of Maldives National Defence Force (MNDF). 
He took part in the DCD during his visit to Maldives from 13th to 14th February 2022.

  • Both India and Maldives focused on the joint efforts and capacity building measures to counter trans-national crimes and enhance security in the region.

About Defence Cooperation Dialogue(DCD):
The first DCD was held in July 2016 during the presidency of Abdulla Yameen Abdul Gayoom and the 2nd Defence Cooperation Dialogue was held in January 2019.
Defence Secretary of India’s visit to Maldives:
i.Dr Ajay Kumar, Defence Secretary of India visited Maldives for the discussions with the Maldives National Defence Force. 
ii.During his visit, Dr Ajay Kumar hold a meeting with Mariya Didi, Minister of Defence of Maldives at the Ministry of Defence in Malé, Maldives and discussed on the immense and expanding India-Maldives defence cooperation in the past 3 years.
Highlights of the Visit:
i.Defence Secretary of India handed over 2800 Kgs of medical equipments to MNDF’s Senahiya Military Hospital. 
ii.He also inaugurated the Composite Training Center Phase-I Annex in the Maldives, which was built with the support of India’s financial assistance. 
iii.He also handed over the refitted Maldivian Coast Guard Ship (MCGS) Huravee, a made in India Trinkat class patrol vessel.
Additional info:
India-Maldives relation: As a part of the Indo-Maldives relationship India provided Lines of Credit(LoC) of over USD 1.2 billion for infrastructure and grants for community development projects in Maldives . The Maldives was the first beneficiary of India’s Vaccine Maitri initiative 2021.
About Maldives:
President- Ibrahim Mohamed Solih
Capital- Malé
Currency- Maldivian Rufiyaa


‘U-Turbo’ Platform-KVB, UNANU Technologies tie-up for Digital Freight Finance
KVB, UNANU Technologies tie-up for digital freight financeKarur Vysya Bank (KVB) has partnered with the Chennai-based UNANU Technologies for digital freight finance to fund transport contractors using the end-to-end logistics technology platform.

  • KVB is the first bank to introduce digital freight financing through a marketplace in the banking sector.
  • UNANU has built the Freight Financing System within their suite of software platforms.

i.‘U-Turbo – a marketplace’, is the module, through which one can on-board logistics companies and shippers to Freight Financing programme.
ii.The technology platform will provide a complete flow of transactions from picking up the material from shipper (Proof of Pick up) until it reaches the destination (Proof of Delivery).

  • Tracking of the truck is also provided with the associated software/hardware during the transit.

iii.The digitised document at each stage is captured for the verification purpose of the bank and the invoices are raised to the shipper by the transport contractors which helps KVB in funding.
About Karur Vysya Bank (KVB):
Establishment – 1916
Headquarters – Karur, Tamil Nadu
CEO & Managing Director (MD) – B. Ramesh Babu
Tagline – Smart Way to Bank
About Unanu Technologies:
Headquarters – Chennai, Tamil Nadu
Founder & CEO – Srini Sundar

DMI Finance, Google Pay Partners to Offer Digital Personal Loans to Google Pay Users

DMI Finance partners Google Pay to offer loans to digital wallet’s users

DMI Finance Private Limited (DMI Finance) launched a digital personal loan product on Google Pay to provide reliable credit access to pre-qualified users of Google Pay, the digital wallet platform.

  • Through the partnership, DMI Finance intends to disburse up to Rs 1 lakh per loan, which would be repayable over a maximum of 36 months. The product is being launched across more than 15,000 pin codes.
  • The launch of the loan product will include the advantages of the digital loan disbursal process of DMI Finance and the Google Pay’s customer experience. 
  • The loan product will also include new-to-credit users.
  • Users who are eligible for the loan are pre-qualified using criteria set by DMI Finance. The loan product is available for those eligible users through Google Pay. 

About DMI Finance Private Limited (DMI Finance):
Establishment – 2008 
Headquarters – New Delhi, Delhi
Co-Founder & Joint Managing Director – Shivashish Chatterjee; Yuvraja C. Singh

LKP Securities signs pact with HDFC Bank to Launch 3-in-1 AccountLKP Securities Ties up with HDFC Bank Ltd. to Launch 3-in-1 Account

LKP Securities Ltd signed an agreement with HDFC  Bank Ltd to offer a special 3-in-1 online account. The 3-in1 account facilitates swift fund transfer between the bank account and trading account as clients no longer have to go through a lengthy authentication process.
To deliver an efficient experience by offering ease of opening trading, demat and bank account in a seamless manner.
Key points:
i.The 3-in-1 account offers several benefits including no annual maintenance charges (AMC) for one year from the trading account opening date and waiver on brokerage charges of up to Rs 500 for one month from the date of demat account opening. 

ii.The customers of LKP Securities Ltd can complete their bank account opening formalities and gain added benefits of broking and demat account.

  • The demat and trading accounts also provide the facility to trade in other segments like commodities and currency.

iii.The 3-in-1 online account also provides services for customers to start trading in NSE (National Stock Exchange of India Ltd), BSE(formerly Bombay Stock Exchange) and MCX (Multi Commodity Exchange) shares, using the mobile trading app GETSETGROW@LKP.

  • The customers of LKP Securities Ltd can also apply for all IPOs using the app with E-IPO and trade in the futures and options market.

About LKP Securities Ltd:
Managing Director- Pratik M Doshi
Headquarters– Mumbai, Maharashtra
About HDFC Bank Ltd:
CEO& MD- Sashidhar Jagdishan 
Headquarters– Mumbai, Maharashtra

PayU Announces Integration with BigCommerce to Boost SMB Digitalization

On 15th February 2022 PayU announced its integration with BigCommerce, an Open Software as a service (SaaS) e-commerce platform for fast-growing and established brands to boost Server Message Block (SMB) Digitalization

  • PayU can now provide payment infrastructure & solutions to BigCommerce’s small-to-medium-sized merchants in India.

i.The BigCommerce platform provides e-commerce services to retailers, including online store creation, search engine optimization, hosting, marketing and security.
ii.After the integration by PayU, businesses can directly integrate their BigCommerce store with PayU to offer India-specific online payment methods like Unified Payment Interface (UPI).
Advantages of integration:
i.Global BigCommerce merchants will get access to more than 100 local payment methods in India including credit cards, debit cards, UPI, wallet and net banking.
ii.Merchants can initiate refunds directly from their BigCommerce store and can also check their refund status without switching to PayU infrastructure.

  • Merchants get easy access to all transaction data like sales & refunds, view graphical representation of trends and reports of transactions processed over a period of time.

About PayU:
i.PayU is regulated under the Reserve Bank of India (RBI) that provides online payment solutions to businesses through local payment methods.
ii.PayU also developed LazyPay in 2017, an alternate lending platform to offer credit solutions.
About BigCommerce:
Headquarters – Austin, Texas, United States(US)
Chief Executive Officer (CEO) – Brent Bellm


NSO Data: India’s Retail Inflation reached a 7-month high of 6.01% in January 2022 

National Statistical Office (NSO), Ministry of Statistics and Programme Implementation (MoSPI), has released the All India Consumer Price Index (CPI) on Base 2012=100 and corresponding Consumer Food Price Index (CFPI) for Rural (R), Urban (U) and Combined (C) for January 2022.

  • As per the NSO data, the Retail inflation rate based on CPI has increased to a seven-month high of 6.01 percent in January 2022, crossing the 6 percent mark.
  • Inflation Target The government has directed RBI (Reserve Bank of India) to retain the medium-term target for CPI inflation of 4 percent within a band of +/- 2 percent (i.e. with the lower and upper tolerance levels of 2 percent and 6 percent).

Key Points:
i.The CPI inflation in December 2021 has been revised to 5.66 percent from 5.59 percent. The retail inflation in January 2021 was about 4.06 percent and the previous high CPI inflation was 6.26 percent in June 2021.
ii.As per the NSO data, the inflation in the food basket was 5.43 percent in January 2022 as against 4.05 percent in December 2021.
iii.The producers’ inflation, based on the Wholesale Price Index (WPI), decreased to 12.96 percent in January 2022 as against 13.56 percent in December 2021.
iv.All India Inflation rates (%) based on CPI (General) and CFPI:

IndiceJanuary 2022 (Provisional)December 2021 (Final)January 2021
CPI General6.125.916.015.365.905.663.235.134.06

v.All India year-on-year inflation rates:

DescriptionInflation Rate (%), January 2022 (Provisional)
Cereals and Products3.39
Oils and Fats18.70
Meat and Fish5.47
Fuel and Light 9.32

Note – In February 2022, the RBI has projected the CPI inflation for FY22 at 5.3 percent and FY23 at 4.5 percent.
About Ministry of Statistics and Programme Implementation (MoSPI):
Minister of State (Independent Charge) – Rao Inderjit Singh (Gurugram, Haryana)

BHEL bags order to supply Compact Heat Exchanger sets for HAL’s Tejas AircraftBHEL bags order to supply compact heat exchanger sets

On February 14, 2022, Bharat Heavy Electricals Ltd (BHEL) has received an order from Hindustan Aeronautics Ltd (HAL) to manufacture, assemble, test and supply compact heat exchanger sets for its 83 LCA (Light Combat Aircraft) Tejas MK1A aircrafts.
Key Points:
i.The BHEL’s Heavy Plates and Vessels Plant (HPVP), Visakhapatnam (Andhra Pradesh) is the sole supplier of heat exchangers for LCA Tejas to HAL since 1996. These are augmented to meet International Aero Standards (AS9100).
ii.The BHEL-HPVP and Aeronautical Development Agency (ADA), Bangalore (Karnataka) have jointly designed and developed 13 different types of compact heat exchangers for Environmental Control System (ECS) and Secondary Power System (SPS) of LCA MK-1 programme.
iii.BHEL is also currently working with DRDO (Defence Research and Development Organisation) for the development of Air Cycle Machine based Liquid Cooling System (LCS) for Aircraft POD application for LCA MK-2.
iv.BHEL-HPVP has dedicated, intricate manufacturing and inspection facilities for manufacturing state-of-the-art Compact Heat Exchangers for different types of aircrafts manufactured by HAL.

Vedanta Signs Pact with Foxconn to Manufacture Semiconductors in IndiaVedanta signs up with Foxconn to manufacture semiconductors in India

Vedanta Limited has signed a Memorandum of Understanding (MoU) with Hon Hai Technology Group, electronics manufacturing services giant (also known as Foxconn) to form a joint venture (JV) for manufacturing semiconductors in India.

  • This is a first of its kind joint venture which will support India’s vision to create an ecosystem for semiconductor manufacturing in India.
  • Vedanta has become the first company to announce investment in semiconductor manufacturing in India after the performance-linked incentive (PLI) policy. 
  • According to the MoU, Vedanta will hold the majority equity in the JV with vendantu’s chairman Anil Agarwal as the chairman of JV, while Foxconn will be the minority shareholder.

i.In December 2021, the Centre had cleared a performance-linked incentive (PLI) scheme for semiconductor and display board production at an investment of Rs 76,000 crore over the 5-6 years.
ii.India Semiconductor Mission (ISM) was also announced recently with the aim to attract large investments for manufacturing facilities.
iii.The Hon Hai Technology Group is famous for making Apple’s iPhones and  controls 40 percent of global electronic manufacturing. Recently, it raised a stake in its India subsidiary by spending $350 million. 
Additional Info:
i.In January 2022 the Vedanta Group had shared its intent to invest USD 15 billion for making displays and semiconductor chips in India over the coming five years.
ii.Vedanta Group will invest up to Rs 60,000 crore to set up a sophisticated chip and glass manufacturing ecosystem in India over the next three years.

  • It had also acquired AvanStrate, a Japanese glass substrate manufacturer in December 2017 from the Carlyle Group.

About Hon Hai Technology Group (Foxconn):
Establishment – 1974
Headquarters – Taipei, Taiwan
Chairman – Young Liu
Founder – Terry Gou


CBSE appoints IAS Vineet Joshi as new ChairmanCBSE appoints IAS Vineet Joshi as new chairmanThe Central Board of Secondary Education (CBSE) announced the appointment of Vineet Joshi, Additional Secretary in the Ministry of Education, as its new Chairman with effect from February 14, 2022 in addition to his existing assignments.

  • He will succeed former CBSE Chairman Manoj Ahuja, who was appointed as the Officer on Special Duty (OSD) in the Department of Agriculture and Farmers Welfare. 

About Vineet Joshi:
i.Vineet Joshi is an Indian Administrative Services (IAS) of 1992 batch officer from Manipur cadre. 
ii.Currently, he also serves as the Director-General of the National Testing Agency (NTA). 

About Central Board of Secondary Education (CBSE):
It  is a national level board of education in India for public and private schools, controlled and managed by the Government of India.
Parent organization-Ministry of Education
Founded- 1929 as Board of High School and Intermediate Education, later renamed as CBSE in 1952.
Headquarters- New Delhi


Samuel Moyn Authored ‘Humane: How the United States Abandoned Peace and Reinvented War’
A book titled HumaneA new book titled “Humane: How the United States Abandoned Peace and Reinvented War” authored by Samuel Moyn was released. The book is published by Farrar, Straus & Giroux, New York, United States of America(USA). 
i.The book highlights the United States of America (USA) strategy on fighting wars and how armed combat was transformed from an imperfect tool for resolving disputes into an integral component of the modern condition. 
ii.This provocative book argues about the endless wars USA created in the past including Vietnam War (1955-1975), Korean War (1950-1953), World War II (1939-1945) etc and this development might not represent progress at all.
Note – The main cause for the end of Vietnam War was the 1972 photograph called “The Terror of War”, also known as the “Napalm Girl”, taken by photojournalist Nick Ut, which was also awarded with Pulitzer Prize.
About the author:
Samuel Moyn is Henry R. Luce Professor of Jurisprudence at Yale Law School and Professor of History at Yale University.
Other Books
i.The Last Utopia: Human Rights and History
ii.A Holocaust Controversy: The Treblinka Affair in Postwar France
iii.Origins of the Other: Emmanuel Levinas between Revelation and Ethics
iv.Not Enough: Human Rights in an Unequal World
v.Human Rights and the Uses of History
vi.Christian Human Rights

Other Famous Books on War:

  • War and Peace – by Leo Tolstoy
  • The Diary of a Young Girl – by Anne Frank 

A book titled “Dignity in a Digital Age: Making Tech Work for All of Us” authored by Ro KhannaA book titled Dignity in a Digital Age Making Tech Work for All of UsA new book titled “Dignity in a Digital Age: Making Tech Work for All of Us” authored by Ro Khanna released. 
i.The book highlights the effects of changing lifestyle patterns of Americans due to technological progress.
ii.It also mentioned about the digital divide i.e unequal access to technology and the revenue, as it is one of the most pressing issues faced by the United States.
iii.The book helps in tackling  these challenges head-on and imagines how the digital economy can create opportunities for people all across the country without uprooting them. 
Some Famous books on technology:

  • “Elon Musk: Tesla, SpaceX, and the Quest for a Fantastic Future” by Ashlee Vance
  • “Life 3.0” by Max Tegmark
  • “Vikram Sarabhai: A Life” by Amrita Shah

About the author:
i.Ro Khanna is an Indian-American who is a US Congressman representing  California district that includes the Silicon Valley region. 
ii.He was a Professor of  Economics at Stanford University, served as Deputy Assistant Secretary of Commerce under the former President of America, Barack Obama Administration.


International Childhood Cancer Day 2022 – February 15International Childhood Cancer Day 2022

The International Childhood Cancer Day (ICCD) is annually observed across the globe on 15th February to create awareness about the dangers and impacts of cancer among children. 
The day also aims to raise awareness about childhood cancer and to offer support for children and adolescents with cancer, the survivors and their families.
The theme for 2022 is ‘Better Survival’ is achievable #throughyourhands.
3-year campaign for ICCD (2021-2023):
The 3-year campaign for ICCD 2021-2023 called, ‘Tree of Life’, is designed to use the image of painted handprints of children to represent survival rates for childhood cancer on a national, regional and international scale.

  • ICCD 2022, the 2nd year of the 3-year campaign for ICCD 2021-2023 is celebrated under the theme ‘Better Survival’ is achievable #throughyourhands.

The internationally recognised symbol for childhood cancer is the gold ribbon.
>> Read Full News

RBI Conducts Financial Literacy Week 2022 – February 14 to 18RBI inaugurates financial literacy week 2022

The Reserve Bank of India (RBI) has been conducting the Financial Literacy Week (FLW) annually to propagate financial education messages on various themes among members of the public across the country.

  • The FLW 2022 is conducted from 14th to 18th February 2022. 
  • The theme of FLW 2022 is “Go Digital, Go Secure”.

This theme is one of the strategic objectives of the National Strategy for Financial Education (NSFE) 2020-2025.
Note: FLW 2021 was observed from 8th February to 12th February 2021.
i.Reserve Bank of India (RBI) has decided to annually observe one week as “Financial Literacy Week” to create awareness at a large scale on key topics every year. 
ii.The first Financial Literacy Week was observed in 2016. 
>> Read Full News


Gujarat Government Signs MoU with QX Global Group for Developing IT & ITeS

On 15th February 2022 the Gujarat government signed a Memorandum of Understanding (MoU) with QX Global Group Limited, a global business process management company, for the holistic development of the Information Technology (IT) and Information Technology Enabled Services (ITeS) sector in the State.

  • MoU was signed in the presence of Chief Minister Bhupendra Patel, under the guidance of science and technology secretary Vijay Nehra by deputy director of science & technology on behalf of the state government and a Gujarat based representative of QX Global group Limited Sneha Patel

About the MoU:
i.The Gujarat government’s Department of Science and Technology had announced a new IT/ ITeS policy for the next 5 years in order to develop a robust ecosystem for the IT and digital sector. The policy also aims to increase Gujarat’s IT-ITeS exports from the current Rs 3,000 crore annually to Rs 25,000 crore over the next five years.
ii.The MoU is the 1st strategic partnership under the new Gujarat IT/ITeS policy 2022-2027and will generate 2,000 jobs in the IT sector.
About QX Global Group Limited:
Executive Chairman & Founder – Chris Robinson
About Gujarat: 
Governor – Acharya Devvrat
Dance – Tippani, Hudo, Padhar
Lakes – Kankaria Lake, Nal Sarovar, Sursagar Lake

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Current Affairs Today (AffairsCloud Today)

S.noCurrent Affairs 16 February 2022
1MoTA sanctions Rs 2.26cr for festival of Medaram Jathara 2022 in Telangana
2Central Govt constituted Ken-Betwa link Project Authority and 20-member Steering Committee
3GoI Bans Import of Drones; Exceptions for R&D, Defence & Security Purposes
4Renault India partners CSC e-Governance Services to support PM Gramin Digital Saksharta Abhiyaan
5India Blocks 54 Mobile Apps Over Security Threat, Privacy Risks
6India Sign MoU with WFP to Provide Wheat to Afghanistan via Pakistan
7Defence Secretary Ajay Kumar Co-chaired the 3rd India-Maldives Defence Cooperation Dialogue 2022 in Maldives
8‘U-Turbo’ Platform-KVB, UNANU Technologies tie-up for Digital Freight Finance
9DMI Finance, Google Pay Partners to Offer Digital Personal Loans to Google Pay Users
10LKP Securities signs pact with HDFC Bank to Launch 3-in-1 Account
11PayU Announces Integration with BigCommerce to Boost SMB Digitalization
12NSO Data: India’s Retail Inflation reached a 7-month high of 6.01% in January 2022
13BHEL bags order to supply Compact Heat Exchanger sets for HAL’s Tejas Aircraft
14Vedanta Signs Pact with Foxconn to Manufacture Semiconductors in India
15CBSE appoints IAS Vineet Joshi as new Chairman
16Samuel Moyn Authored ‘Humane: How the United States Abandoned Peace and Reinvented War’
17A book titled “Dignity in a Digital Age: Making Tech Work for All of Us” authored by Ro Khanna
18International Childhood Cancer Day 2022 – February 15
19RBI Conducts Financial Literacy Week 2022 – February 14 to 18
20Gujarat Government Signs MoU with QX Global Group for Developing IT & ITeS