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Current Affairs 16 March 2023

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NATIONAL AFFAIRS

13th Edition of Indo-Singapore Bilateral Armour Exercise Bold Kurukshetra 2023 held in Jodhpur 13th Edition of India-Singapore Military Ex 'Bold Kurukshetra' Concluded at Jodhpur‘Exercise Bold Kurukshetra 2023’, the 13th edition of a bilateral armour training exercise between India and the Singapore army, was held from March 6 to 13, 2023, at Jodhpur Military Station, Rajasthan, India.

  • The exercise was hosted by Indian Army and it involved soldiers from the 42nd Battalion, Singapore Armoured Regiment, and an Armoured Brigade of the Indian Army.
  • For the first time, both armies participated in a command post Exercise, which involved Battalion and Brigade level planning elements and computer wargaming.

Key Points:
i.The Exercise is conducted under the scope of the bilateral arrangement for the joint Army exercises and Training between both countries’ Army.
ii.The joint training exercise will enable both armies to understand common mechanised warfare in emerging threats and evolving technologies.
iii.The exercise also focused on developing inter-operability through a computer simulation-based Wargame using joint operational and tactical procedures controlled through a joint command post.
iv.Both contingents learnt each other’s operating drills, and procedures and also exchanged ideas and practices that are being followed in a modern combat zone.
About Exercise Bold Kurukshetra:
i.The exercise was 1st conducted in 2005 to create a strong bilateral defence relationship between India and Singapore and also to enhance the cooperation between both armies.
ii.The 12th edition of the joint military exercise Bold Kurukshetra 2019 was held in April 2019 at Babina Military Station, Uttar Pradesh.

NSSO Releases Multiple Indicator Survey – NSS 78th Round Report [2020-21]3 out of 4 rural homes without piped drinking water

The National Sample Survey Office (NSSO), Ministry of Statistics and Programme Implementation (MoSPI), Government of India (GoI), in its 78th round survey, carried out the ‘Multiple Indicator Survey (MIS)’ for the 1st time to cater the requirements of various national indicators of SDGs (Sustainable Development Goals).

According to the ‘Multiple Indicator Survey (MIS) – NSS 78th Round Report [2020-21]’, less than a quarter of rural households and less than two-thirds of urban households in India have piped water for drinking in their houses or yards.

  • Around 70% of rural households reported having exclusive access to a latrine, whereas 21.3% reported having no access to a latrine, exclusive or otherwise.
  • According to the survey, nearly half of rural households still use firewood as their primary source of energy for cooking.

i.The NSSO conducted the Multiple Indicator Survey (MIS) in its 78th cycle, which spanned the entire nation.
ii.The survey was originally scheduled to take place during January – December 2020, but the field work was delayed until August 15, 2021, due to the COVID-19 pandemic.
About the Ministry of Statistics and Programme Implementation (MoSPI):
MoSPI is divided into two wings: Statistics and Programme Implementation.
Minister of State (Independent Charge) – Rao Inderjit Singh (Constituency- Gurugram, Haryana)
>> Read Full News

Atal Innovation Mission launches ATL Sarthi to Strengthen Ecosystem of Atal Tinkering LabsAtal Innovation Mission launches ATL SarthiAtal Innovation Mission (AIM) of the National Institution for Transforming India (NITI) Aayog, Government of India (GoI), launched ATL Sarthi, a comprehensive self-monitoring framework, to strengthen the ever-growing ecosystem of Atal Tinkering Labs (ATL).
Key Highlights: 
i. AIM is establishing ATLs in schools across India to encourage curiosity, creativity, and imagination in young minds and to inculcate skills such as design thinking mindset, computational thinking, adaptive learning, physical computing etc.

  • So far, AIM has funded 10,000 schools to establish ATLs.

ii. AIM is constantly enhancing this ecosystem by creating tools and frameworks to improve ATLs’ performance and achieve the desired objectives.
ATL Sarthi:
i. As the name suggests, Sarthi is a charioteer and ATL Sarthi will enable the ATLs to be efficient and effective.
ii. It has 4 pillars: Cluster-based Approach, Performance Enablement (PE) Matrix Framework, MyATL Dashboard, and ATL Compliance Guidelines

  • Cluster-based Approach- To enable better monitoring the on-ground and sustainable way of assessing ATLs.
  • Performance Enablement (PE) Matrix Framework- To enable self-evaluation of the ATL.
  • MyATL Dashboard- It enables ATLs to regularly report their tinkering activities online.
  • ATL Compliance Guidelines- AIM has set up a detailed standard operating procedure (SOP) to be followed by AIM to guide schools to comply with both financial and non-financial guidelines.

iii. These ATLs can learn from each other through training, collaborations, events and best practices.
iv. ATL Sarthi was implemented by AIM as a pilot with many partners in regions like Gujarat, Andhra Pradesh, and Karnataka.
About AIM:
Atal Innovation Mission (AIM) is the Government of India’s flagship initiative to establish and promote a culture of innovation and entrepreneurship across the length and breadth of India.

  • It aims to develop new programmes and policies for fostering innovation in different sectors of the Indian economy.

About the National Institution for Transforming India (NITI Aayog):
Chief Executive Officer (CEO)- B. V. R. Subrahmanyam
Headquarters- New Delhi
Establishment- 2015

BANKING & FINANCE

Canara Bank launches Rupay Credit Card through UPICanara Bank launches Rupay Credit Card through UPICanara Bank, in collaboration with National Payments Corporation of India (NPCI), has launched the Rupay Credit Card through UPI (Unified Payments Interface) using the BHIM (Bharat Interface for Money) app.

  • This will enable the customers to link their active Rupay Credit Card to UPI and make merchant payments without the physical use of a card, similar to account-based UPI transactions.
  •  Merchants without POS (Point of Sales) machines can receive payments using a Credit Card from customers having Rupay Credit Card linked to UPI by using mode of scan and pay through QR.

Key Points:
i.The procedure for linking the credit card is similar to the existing account linking procedure, and customers should select Canara Credit Card during account listing for linking.
ii.The transaction limits applicable for UPI transactions will continue for UPI payments using Rupay Credit Card.

Additional info:
i.
Presently, only Merchant Payments are allowed using this facility, and Person-to-Person, Card-to-Card, or Cash-Out Transactions will not be permitted for UPI payments from Rupay Credit Card.
ii.Customers with Canara Bank Rupay Credit Card variants – Rupay Classic, Rupay Platinum, and Rupay Select – can link their cards to UPI.
About Canara Bank:
Managing Director & CEO– K. Satyanarayana Raju
Headquarters– Bengaluru, Karnataka
Establishment– 1906
Tagline– Together we can

Bandhan MF renamed India’s 1st International Debt ETF as “Bandhan US Treasury Bond 0-1 Year Fund of Fund”On 14th March 2023, the Bandhan Mutual Fund(MF) renamed the recently launched India’s First US Debt Exchange-Traded Fund (ETF) ‘IDFC US Treasury Bond 0-1 year Fund of Fund’ as ‘Bandhan US Treasury Bond 0-1 Year Fund of Fund’.

  • Bandhan MF has also announced the name change of all its scheme following the rebranding of the fund house IDFC MF as Bandhan MF.

About Bandhan US Treasury Bond 0-1 Year Fund of Fund:
i.It is an open-ended fund of fund scheme investing in units/shares of overseas index funds and/or Exchange Traded Funds (ETF). The new fund offer (NFO) opened on March 10, 2023, and will close on March 23, 2023

  • Investment can be made through licensed mutual fund distributors and online platforms or directly on https://www.bandhanmutual.com.

ii.It intends to invest in an overseas fund with exposure to 0-1 year US treasuries via the JPMorgan BetaBuilders US (United States) Treasury Bond 0-1 year UCITS (Undertakings for the collective investment in Transferable Securities) ETF.
iii.The fund will be benchmarked against the ICE 0-1 Year US Treasury Securities Index.
iv.The fund provides investors a route to create a dollar asset that benefits from the relatively high quality, reasonable safety, and current high yield of US Treasuries.
PNB MetLife launches Sustainable Equity Fund
PNB MetLife India Insurance Company Limited has introduced a Sustainable Equity Fund which is a part of the PNB MetLife Goal Ensuring Multiplier plan to enables customers to maximize returns, and directly contribute to a sustainable future.

  • Under this PNB MetLife will invest their premiums in organizations that are creating the standard for Environmental, Social, and Governance (ESG) practices such as cutting carbon emissions, fostering diversity, equity, and inclusion, and upholding effective corporate governance.

HDFC Bank & Flipkart Wholesale launches industry-first co-branded credit cardHDFC Bank and Flipkart Wholesale launch industry-first co-branded credit cardOn March 15, 2023, HDFC Bank and Flipkart Wholesale, the B2B (Business To Business) platform of Flipkart Group, launched an industry-first co-branded credit card exclusively for Flipkart Wholesale members.
Key Points:
i.The credit card will run on the Diners Club International network which is a part of the Discover Global Network.

  • The card could be used in more than 200 countries around the world where Diners Club cards are accepted.

ii.The co-branded credit card offers a number of benefits and easy credit options to Small and medium-sized enterprises (SMEs) in India to enhance credit access and improve digital payment adoption.
Benefits of the co-branded credit card:
i.Under this partnership, the registered members of Flipkart Wholesale will be benefited by availing the industry first and highest cashback of 5% on Flipkart Wholesale online spending.
ii.Some other benefits include zero joining fee, activation cashback of Rs 1,500 and additional cashback on utility bills and other expenses.
About HDFC Bank:
MD & CEO – Sashidhar Jagdishan
Headquarters – Mumbai, Maharashtra
Establishment – 1994
Tagline – We Understand Your World

J&K Bank signs Corporate Agency Agreement with LIC 

On 14th March 2023, Jammu and Kashmir Bank (J&K Bank) signed a Corporate Agency Agreement with the Life Insurance Corporation of India (LIC), India’s largest insurer, for servicing and soliciting life insurance products through J&K Bank’s Branch Network.

  • The agreement will be operational or effective from 1st April 2023.

Signatories:
The agreement was signed by General Manager (Cross Selling Vertical) Narjay Gupta on behalf of J&K Bank, and Regional Manager (MBAC) P K Saxena signed, representing LIC India at J&K Bank’s corporate headquarters Srinagar, Jammu and Kashmir (J&K).
Key People:
The agreement was signed in the presence of Sudhir Gupta, Executive Director of J&K Bank, General Manager Syed Rais Maqbool, LIC of India’s Senior Divisional Manager Dinesh Tanania besides senior officials of J&K Bank and LIC of India.
Key Points; 
i. J&K Bank will service and solicit the life insurance products of LIC with the branch network,
ii. By the end of December 2023, J&K Bank had 989 branches across India. 83% of these branches were located in Jammu and Kashmir, a Union Territory (UT).
LIC sells 2% Stake in NMDC between December & March; Gets Over Rs 700 Crore
On 15th March 2023, Life Insurance Company (LIC) reported that it has sold 2% of its equity stake in the state-owned NMDC Limited (formerly National Mineral Development Corporation), taking its total shareholding in the public sector unit to 11.69% as of March 14.
The sale of a 2% stake (over 5.88 crore shares) in the open market fetched over Rs 700 crore to LIC. LIC’s shareholding in NMDC was diluted between 29th December 2022 and 14th March 2023, at an average price of Rs 119.37 per share.

  • LIC’s shareholding in NMDC Ltd. has decreased from 40,14,72,157 equity shares to 34,25,97,574 equity shares, decreasing its shareholding from 13.69% to 11.69% of the paid-up capital of NMDC.

ECONOMY & BUSINESS

WPI inflation slips to 25-month low of 3.85% in February 2023: Govt DataWPI inflation slips to 25-month low of 3.85% in FebruaryAccording to the “Index Numbers of Wholesale Price in India for the Month of February 2023 (Base Year: 2011-12)” released by the Office of the Economic Adviser, Department for Promotion of Industry And Internal Trade (DPIIT), Ministry Of Commerce & Industry(MoCI), the Wholesale Price-Index (WPI) based inflation rate eased to a 25-month low of 3.85% (Provisional) in February 2023 (over February 2022) against 4.73% recorded in January 2023.

  • The decline in the rate of index is contributed by the drop in prices of Primary Articles, Fuel & Power, and Manufactured Products.

Key Points:
i.Decline in the rate of inflation in February 2023 is also because of fall in prices of crude petroleum & natural gas, non-food articles, food products, minerals, computer, electronic & optical products, chemicals & chemical products, electrical equipment and motor vehicles, trailers & semi-trailers.
ii.Rate of inflation for manufacturing was at 1.94% from 2.99% in January; for food articles, it rose to 3.81% in February 2023, from 2.38% in January 2023.

  • Inflation in pulses was 2.59% while in vegetables was (-) 21.53%.
  • Inflation in oil seeds was (-) 7.38% in February 2023.

iii.Fuel and power basket inflation eased to 14.82%, from 15.15% in January 2023.
iv.Rural inflation was at 6.7% while urban was at 6. 1%.
v.Cereal inflation continued to be in double digits at 16. 7%, while milk & milk products was at 9. 7%. Spice’s inflation was also in double digits at 20. 2%. Core inflation, which excludes food and fuel, remained at 6%.

Retail inflation eases to 6.44% in February 2023:

According to the data released by the National Statistical Office (NSO), The Retail Inflation based on Consumer Price Index (CPI) declined to 6.44% in February 2023 against 6.52% in January 2023 and 6.07% in February 2022. Retail inflation dipped mainly on account of a slight easing in prices of food and fuel items.

  • However, it remained above the upper band of the 4+/- 2% medium-term target of the Reserve Bank of India (RBI). So, there is a strong possibility of another round of policy interest rate hike in April 2023.
  • The RBI has projected retail inflation at 6.5% for 2022-23, with the January-December quarter at 5.7%.

IIITDM Kurnool signs MoU with UNA Mission Group for AP and Telangana.

On 15th March 2023, the Indian Institute of Information Technology Design and Manufacturing, Kurnool (IIITDM Kurnool) signed a generic Memorandum of Understanding (MoU) with the United Nations Association (UNA) mission group for Andhra Pradesh (AP) and Telangana.
Lingutla Jaya Ramulu, a diplomatic cardholder and Chief Expert of UN Vision of 2045 from the office of ICSTI Moscow Ministry of Russia, signed the MoU at IIITDM in Kurnool, Andhra Pradesh.

  • According to MoU, the IIITDM students will adopt 2 to 3 villages in the Mahanandi (AP) to Achampet (Telangana)region and educate the locals, including students about the importance of conserving forests, land, and air quality for the next 5 years as part of this programme.
  • Some of the IIITDM Kurnool students will be allowed to do research on the topics that the UNA mission promotes through this agreement.

AWARDS & RECOGNITIONS      

‘Young Global Leaders Class of 2023’ by WEF: Six Indians graced the list, including Aaditya Thackeray & Madhukeshwar DesaiAaditya Thackeray, BJP Yuva Morcha's Madhukeshwar Desai on World Economic Forum's Young Global Leaders listThe World Economic Forum (WEF) has announced the newest members of its ‘Young Global Leaders Class of 2023’ to its Forum of Young Global Leaders (YGLs), and six Indians have made the list, including Aaditya Thackeray, Leader of Shiv Sena (Uddhav Balasaheb Thackeray – UBT) and Madhukeshwar Desai, National Vice President, Bharatiya Janata Party Yuva Morcha (BJYM) [BJP Youth Wing] (who were listed under the category of Public figures).
Other Indians Named to The ‘Young Global Leaders Class of 2023’ List  

  • Vibin B Joseph, Executive Director and Chief Executive Officer (CEO), BiOZEEN, India (category – Business)
  • Tanvi Ratna, Founder and CEO, Policy 4.0. Research Foundation, India (Category – Academia/Think-tank)
  • Aakrit Vaish, Co-Founder and CEO, Jio Haptik Technologies Limited, India (category – Business)
  • Sudarshan Venu, Managing Director, TVS Motor Company Limited, India (category – Business)

Forum of Young Global Leaders
i.The Forum of Young Global Leaders, established in 2004, is a WEF initiative that selects and convenes the world’s most promising leaders under the age of 40 every year.
ii.The “Young Global Leaders Class of 2023” cohort features nearly 100 promising political leaders, innovative entrepreneurs, game-changing researchers, and visionary activists who are propelling positive and lasting change in their communities, countries, and the world.
iii.So far, the Forum of Young Global Leaders has fostered a diverse community of remarkable individuals addressing the world’s most pressing issues, with over 1,400 members and alumni from more than 120 countries.

  • Renowned community members include: Olympian Lewis Pugh and Paralympian Susannah Rodgers; Prime Minister of Finland Sanna Marin; Entrepreneurs Jimmy Wales and Rhea Mazumdar Singhal; Disability Activist Sinéad Burke; Computer Scientist Joy Buolamwini, and Professional Racing Driver Nico Rosberg.

Other Prominent Individuals Named to The ‘Young Global Leaders Class of 2023’ List

  • Shinjini Kundu, Physician-Scientist, Johns Hopkins Hospital, United States (US)
  • Fagun Thakrar, Founder, The Purpose Movie Studio, United Kingdom (UK)
  • Ali Akhai, Chairman, Martin Dow Ltd, Pakistan
  • Smriti Kirubanandan, Engagement Director, TCS, US
  • Varun Sivaram, Group Senior Vice President, Strategy and Innovation, Orsted Services, US
  • Roopa Dhatt, Executive Director, Women in Global Health, US  

APPOINTMENTS & RESIGNATIONS   

Deepak Mohanty Appointed as the Chairperson of PFRDACentre appoints Deepak Mohanty as PFRDA ChairpersonDeepak Mohanty, the whole-time member (Economics) of the Pension Fund Regulatory and Development Authority (PFRDA), was appointed as the Chairperson of PFRDA with effect from the date of assumption of charge till attaining the age of 65 or until further orders.

  • The order of appointment was issued by the Department of Financial Services (DFS), Ministry of Finance.
  • He succeeds Supratim Bandypadhyay whose tenure as Chairman of PFRDA ended in January 2023.

Note: PFRDA Chairperson holds office for 5 years or till the age of 65 years.
Background:
Financial Sector Regulatory Appointment Search Committee (FSRASC) headed by the Cabinet secretary has been interviewing the shortlisted candidates for the post of PFRDA Chairman since December 2022.
About Deepak Mohanty:
i.Prior to this appointment, he was serving as the Whole-Time Member (Economics) of PFRDA for 2 years overseeing areas of development and regulation of pension funds.
ii.He has also served as the Executive Director (ED)at the Reserve Bank of India (RBI).

  • During his stint as ED in RBI, he chaired the Committee on Medium-term Path on Financial Inclusion formed to create a 5-year plan for financial inclusion in India.

iii.He has also worked as the Senior Adviser at the International Monetary Fund (IMF) and held various positions in economic research.

iv.He has also served as the head of the Monetary Policy Department in the RBI.
Additional info:
Mamta Shankar, IES (1993), Senior Economic Advisor in the Department of Food and Public Distribution, Ministry of Consumer Affairs, Food and Public Distribution, was appointed as the Whole-Time Member (economics) in PFRDA.
About Pension Fund Regulatory and Development Authority (PFRDA):
The Pension Fund Regulatory & Development Authority Act was passed on September 19, 2013, and the same was notified on 1st February 2014.
Chairperson– Deepak Mohanty
Established in 2003
Headquarters– New Delhi, Delhi

MS Dhoni appointed as Brand Ambassador of Viacom18

Former captain of the Indian Cricket Team and 4-time Indian Premier League (IPL) champion (Chennai Super Kings), Mahendra Singh Dhoni (MS Dhoni), has been appointed as the brand ambassador of Viacom18 Media Private Limited, Mumbai-based media company.
As the brand ambassador, MS Dhoni will participate in several network initiatives featured on the JioCinema, Sports18 and his social media accounts. He will also feature on JioCinema’s IPL Campaign.

  • Viacom18, a joint venture between Paramount Global and Reliance Industries Ltd.(RIL), licensed the IPL streaming rights for USD 2.7 billion.

LIC Housing Finance chairman M. R. Kumar resigns

Mangalam Ramasubramanian Kumar (M. R. Kumar), Chairman of LIC Housing Finance Limited (LIC HFL), has tendered his resignation from the Board of the company, effective upon attainment of superannuation on 13th March 2023.

  • He also served as the Chairman of the Life Insurance Corporation (LIC) from March 2019 to March 2023. His term as chairman had been extended twice. First, the government extended his term from 30 June 2021 to 13 March 2022, and then till 13 March 2023.
  • He joined LIC of India in 1983 as a Direct Recruit Officer and served in various capacities.
  • As the Executive Director he has also headed the Personnel Department as well as the Pension and Group Insurance vertical of LIC.     

ACQUISITIONS & MERGERS        

CCI Approvals for Acquisition of Various Entities- 14th March 2023CCI approves acquisition of sole control of Meritor by CumminsOn 14th March 2023, the Competition Commission of India (CCI), the fair trade regulator, approved the following acquisition:
i. The CCI has approved the acquisition of sole control of Meritor, Inc., by way of the purchase of shares by Cummins Inc.
ii. The CCI has approved the acquisition of 100% of the issued and paid-up equity share capital of METRO Cash & Carry India by Reliance Retail Ventures (RRVL),  a subsidiary of Reliance Industries Limited(RIL).
iii. The CCI has approved the acquisition of 100% of the Equity Share Capital of L&T Infrastructure Development Projects Limited (L&T IDPL) by Epic Concesiones Private Limited (ECPL) and Kudgi Transmission Limited (KTL) by Infrastructure Yield Plus II (IYP II).
About the Competition Commission of India (CCI):
Acting Chairperson – Sangeeta Verma
Headquarters- New Delhi, Delhi
Establishment- 14th October 2003 (Operational from 2009)
>> Read Full News

SCIENCE & TECHNOLOGY

DRDO conducted Successful Flight Tests of VSHORADS and PTO ShaftDRDO conducts two consecutive successful flight tests of Very Short Range Air Defence System missilei.On March 14, 2023, the Defence Research and Development Organisation (DRDO) conducted two consecutive successful flight tests of Very Short Range Air Defence System (VSHORADS) missile at the Integrated Test Range (ITR), Chandipur, Odisha.
ii.The flight tests involved launching the missiles from a man-portable ground-based launcher at high-speed unmanned aerial targets.
iii.DRDO also successfully conducted a maiden flight-test of the Power Take off (PTO) Shaft on Light Combat Aircraft (LCA Tejas) Limited Series Production (LSP) -3 aircraft in Bengaluru (Karnataka).
iv.PTO shaft is indigenously designed and developed by the Combat Vehicles Research & Development Establishment (CVRDE), Chennai (Tamil Nadu) of DRDO.
About Defence Research and Development Organisation (DRDO):
Chairman– Dr Samir V Kamat
Headquarters– New Delhi, Delhi
>> Read Full News

IMPORTANT DAYS

World Consumer Rights Day 2023 – March 15World Consumers Rights Day - March 15 2023World Consumer Rights Day (WCRD) is annually observed across the globe on March 15 to raise awareness about consumer rights and needs. The day offers a  chance to emphasise the importance of protecting consumers, promoting their rights, and ensuring that they have access to safe and affordable products and services.

  • Annually, World Consumer Rights Day is coordinated by Consumers International, a membership organisation for consumer groups around the world.

World Consumer Rights Day 2023 is observed on 15th March 2023 under the theme “Empowering consumers through clean energy transitions”.

  • The Membership of Consumers International, which consists of 200 consumer organisations in 100 countries, chose the theme for WCRD 2023.

Background:
i. WCRD was inspired by John F Kennedy, the former United States (US) President, who sent a special message to the US Congress on 15th March 1962, in which he formally addressed the issue of consumer rights.
ii. World Consumer Rights Day was 1st marked on 15th March 1983 and has been annually observed on March 15.
About Consumer International:
Director General- Helena Leurent
Headquarters- London, England, the United Kingdom (UK)
Establishment- 1960
>> Read Full News

STATE NEWS

Himachal Pradesh CM Presents Final Supplementary Budget of Rs 13,141.07 crore for 2022-23Himachal CM presents final supplementary budget of Rs 13,141.07 cr for 2022-23On 14th March 2023, Sukhvinder Singh Sukhu, Chief Minister(CM) of Himachal Pradesh(HP) presented the first and final instalment of supplementary budget for 2022-23 in Vidhan Sabha(Himachal Pradesh Legislative Assembly) in Shimla, Himachal Pradesh.

  • The Supplementary Demands for Grant aggregate to Rs 13,141.07 crore expenditure.
  • Rs 11,707.68 crore out of the total demand is under State Scheme and Rs 1,433.39 crore under Centrally Sponsored Schemes.

Expenditures under state scheme: 

  • Rs 6,004.63 crore for repayment of Ways and Means – Advance/Overdraft.
  • Rs 1,260.65 crore for pensions and other retirement benefits.

Expenditure under Centrally sponsored Schemes: 

  • Rs 400 crore for disaster management received under NDRF,
  • Rs 221.96 crore for Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS).

About Himachal Pradesh(HP):
Chief Minister(CM)– Sukhvinder Singh Sukhu
Governor– Shiv Pratap Shukla
Wildlife Sanctuary– Daranghati Wildlife Sanctuary; Dhauladhar Wildlife Sanctuary
Festivals– Manali Winter Carnival; Lohri or Makar Sakrant
>> Read Full News

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List of Current Governors in India – February 2023

List of Current Chief Ministers in India – February 2023

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Current Affairs Today (AffairsCloud Today)

S.noCurrent Affairs 16 March 2023
113th Edition of Indo-Singapore Bilateral Armour Exercise Bold Kurukshetra 2023 held in Jodhpur
2NSSO Releases Multiple Indicator Survey – NSS 78th Round Report [2020-21]
3Atal Innovation Mission launches ATL Sarthi to Strengthen Ecosystem of Atal Tinkering Labs
4Canara Bank launches Rupay Credit Card through UPI
5Bandhan MF renamed India’s 1st International Debt ETF as “Bandhan US Treasury Bond 0-1 Year Fund of Fund”
6HDFC Bank & Flipkart Wholesale launches industry-first co-branded credit card
7J&K Bank signs Corporate Agency Agreement with LIC
8WPI inflation slips to 25-month low of 3.85% in February 2023: Govt Data
9IIITDM Kurnool signs MoU with UNA Mission Group for AP and Telangana.
10‘Young Global Leaders Class of 2023’ by WEF: Six Indians graced the list, including Aaditya Thackeray & Madhukeshwar Desai
11Deepak Mohanty Appointed as the Chairperson of PFRDA
12MS Dhoni appointed as Brand Ambassador of Viacom18
13LIC Housing Finance chairman M. R. Kumar resigns
14CCI Approvals for Acquisition of Various Entities- 14th March 2023
15DRDO conducted Successful Flight Tests of VSHORADS and PTO Shaft
16World Consumer Rights Day 2023 – March 15
17Himachal Pradesh CM Presents Final Supplementary Budget of Rs 13,141.07 crore for 2022-23