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Current Affairs 21 October 2022

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NATIONAL AFFAIRS

Union Minister Dharmendra Pradhan Launches Draft of National Credit Framework for Public ConsultationUnion Minister Dharmendra Pradhan launches draft of National Credit Framework for public consultationUnion Minister of Education Dharmendra Pradhan has released a draft of the National Credit Framework (NCrF) for public consultation.

  • The NCrF is a next-generation, multidimensional tool developed by the Government of India (GoI) in line with the new National Education Policy 2020 (NEP 2020).
  • It enables the integration of academic and vocational domains to ensure flexibility and mobility between them.
  • The draft framework has been formulated under UGC (Establishment and Operation of Academic Bank Of Credits in Higher Education) Regulations, notified in July 2021.
  • National Credit Framework will be the most important element under NEP for achieving these goals, including making a $5 trillion economy, to achieve the vision of a Vikasit Bharat in the next 25 years and empower 100% of our population.

Significance of National Credit Framework (NCrF)
i.The NCrF would open up a wide range of possibilities for further student development and the integration of formal school and higher education with vocational education and experiential learning.

  • It will also allow students who have dropped out of mainstream education to re-enter the educational ecosystem.

ii.The NCrF will serve as an umbrella framework for re-skilling, up-skilling, accreditation, and evaluation that includes both the workforce and those enrolled in educational and skill-building institutions.
Key Points:
i.The Minister recommended all institutions to organize a public consultation for the NCrF on their websites in order to obtain feedback from citizens.

  • The institutions include schools, Industrial Training Institute (ITIs), All India Council for Technical Education (AICTE) -affiliated engineering colleges, centrally-funded Higher Education Institution (HEI), state universities and regulatory authorities/bodies.

ii.NCrF Committee: The GoI has established a Committee for the NCrF, which consists of members from the University Grants Commission (UGC), AICTE, National Council for Vocational Education and Training (NCVET), National Institute of Open Schooling (NIOS), Central Board of Secondary Education (CBSE), National Council of Educational Research and Training (NCERT), Department of School Education and Literacy & Department of Higher Education, Ministry of Education, Directorate General of Training (DGT), and Ministry of Skill Development & Entrepreneurship.

  • Its goal is to make the options for Multiple Entry-Multiple Exit accessible and applicable across higher education, school education and vocational education.
  • It will allow students to choose their own learning trajectories and programmes.

iii.The NCrF will seamlessly integrate credits earned through school education, higher education, and vocational and skills education by incorporating the National Higher Education Qualification Framework (NHEQF), National Skills Qualification Framework (NSQF), and National School Education Qualification Framework (NSEQF).
iv.It encourages educational acceleration for students with exceptional learning abilities.

  • It also gives ‘Recognition of Prior Learning’ for workers who have gained knowledge and skills through informal means, such as work experience or traditional family lineage.

v.Union Education Minister Dharmendra Pradhan also announced plans to conduct an “Aadhaar-enabled student registration” drive, which will be followed by opening of Academic Bank of Credits (ABC) accounts, where credits can be deposited.

Click Here to Read About the Proposed Benefits for Various Stakeholders

14th World Spice Congress to Be Held in Mumbai in February 2023, On The Sidelines of the G20 Meet  14th Edition of World Spice CongressThe 14th World Spice Congress (WSC) will be held on February 16-18, 2023, at the CIDCO Exhibition and Convention Centre in Navi Mumbai, Maharashtra.

  • It will be organized by the Spices Board, Ministry of Commerce and Industry (MoC&I), Government of India (GoI), in association with several trade and export farmers.
  • Theme for the 14th edition of WSC – ‘Vision 2030: SPICES’ (Sustainability, Productivity, Innovation, Collaboration, Excellence and Safety).

The World Spices Board is hosting the WSC as a Group of Twenty (G20) event in conjunction with India’s G20 Presidency from December 2022 to November 2023.
World Spice Congress (WSC)

  • The WSC is a biennial event organized by the Spices Board that commenced in 1990 and has hosted 13 successful editions over the last three decades.
  • It is regarded as the premier forum for discussing challenges and opportunities impacting the spice sector globally.

Key Points
i.The 14th edition of WSC anticipates discussions on aspects like spice production, processing, value addition, quality and safety, trade, and supply chain management.
ii.Regulatory authorities from major importing nations, as well as Ministries of Trade and Export Promotion agencies from G20 member countries, will take part in the event.
iii.In addition to the business sessions, the WSC will also feature an exhibition showcasing the strengths and expertise of the Indian spice industry, including the product range, applications in the medical/health fields, innovations, and cutting-edge technology.
iv.Registration for the 14th WSC is now open, and interested stakeholders can register online at www.worldspicecongress.com.
About Spices Board:
Chairman – A.G.Thankappan
Established – 1987
Headquarters – Cochin, Kerala

REC & PFC Signs MoA with STPL for Financing Buxar Thermal Power PlantREC, PFC ink MoA with STPL for financing Buxar Thermal Power PlantREC Limited and Power Finance Corporation Limited (PFC) – Maharatna Central Public Sector Enterprises (CPSEs), under the Ministry of Power (MoP), have signed a Memorandum of Loan Agreement (MoA) with SJVN (Satluj Jal Vidyut Nigam) Thermal Private Limited (STPL) for financing two 660 MW coal based Buxar Thermal Power Plant (BTPP).

  • The MoA was signed in the presence of R S Dhillon, Chairman-cum-Managing Director (CMD), PFC; N L Sharma, CMD, SJVN; Ajoy Choudhury, Director (Finance, REC and V K Singh, Director (Technical), REC and other senior officials.

About SJVN Thermal Private Limited (STPL):
i.SJVN Thermal Private Limited (STPL) is a 100 percent wholly owned subsidiary of SJVN Limited, a miniratna CPSE under the administrative control of the MoP.
ii.STPL is currently executing two 660 MW coal based BTPP, a green field project that is designed with the objective to improve reliability of India’s Eastern Electricity region and provides power to Bihar.
iii.This project was developed at a financial outlay of Rs 12,172.74 crore, with debt requirement of Rs 8520.92 crore.

  • According to the MoA, the debt requirement of Rs 8520.92 crore shall be financed by REC & PFC.

SJVN Obtains 105 MW Floating Solar Project in Maharashtra
On 19th October 2022 Satluj Jal Vidyut Nigam (SJVN), a hydro electric power generation company obtained the 105 MW Floating Solar Project through e-Reverse auction that was held by Maharashtra State Power Generation Company (MAHAGENCO).
Key highlights:
i.The project was obtained at a rate of Rs. 3.93 per unit on Build Own and Operate basis in tariff based competitive bidding process of MAHAGENCO.
ii.The project was developed at a financial outlay of Rs. 730 Crore and will be commenced within 15 months from the date of signing of Power of Purchase agreement.
iii.After commencement, The project will generate over 230 million unit of solar power in 1st year and almost 5420 million unit in a period of 25 years which inturn reduces around 2,65,602 tonnes of carbon emission.
Note – SJVN is currently producing a total of more than 42,000 MW of combined hydro, thermal, renewable sources including diversified power transmission and trading and it aims to produce 5000 MW by 2023, 25000 MW by 2030 and 50000 MW by 2040.
About Satluj Jal Vidyut Nigam (SJVN):
Chairman-cum-Managing director (CMD) – Nand Lal Sharma
Headquarters – Shimla, Himachal Pradesh

INTERNATIONAL AFFAIRS

The Centi-Millionaire Report 2022: India 3rd On The List of Centi-Millionaires; Predicted to Overtake China by 2032  India 3rd in list of centi-millionaires, to overtake China by 2032According to The Centi-Millionaire Report – The Emergence of a New Class of Super-Rich, the first-ever global study of centi-millionaires, India has the third-highest number of centi-millionaires in the world, surpassing the United Kingdom (UK), Switzerland & Russia.

  • Out of the 25,490 centi-millionaires in the world, 1,132 are present in India. These centi-millionaires are individuals who have investable assets worth more than USD 100 million (Rs. 830 crore).

By 2032, India is expected to surpass China (number 2) as the fastest growing market for centi-millionaires, with an 80% rise in individuals possessing more than USD 100 million.
Key Findings from the Report
i.The United States (US) ranks first in the report and is home to 38% (9,730) of global centi-millionaires, despite accounting for only 4% of the global population.

  • The 2nd and 3rd positions are occupied by the major growing economies of China and India, with 2,021 and 1,132 centi-millionaires, respectively.
  • The UK ranks 4th (with 968 centi-millionaires), closely followed by Germany in 5th place (with 966).

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‘SARANG – The Festival of India in Republic of Korea’ enthrals art & music lovers in South Korea

Indian Embassy in Seoul, South Korea, organized the annual flagship cultural program, the 8th edition of ‘SARANG – The Festival of India in Republic of Korea’ which was held from 30 September to 14 October 2022 at various locations across South Korea.

  • The Festival of India in the Republic of Korea enthralled South Korean art and music lovers with a fusion of Indian and Korean dance and music in a grand spectacle.
  • Through this festival, the rich cultural diversity of India is showcased through various art forms including dance, drama, music, films and cuisine to the people of Korea to promote understanding and friendship among the peoples of the two countries.

Australia reverses recognition of Jerusalem as Israel’s capital

The Government of Australia led by Anthony Albanese (Prime Minister) has reversed a previous government’s recognition of west Jerusalem as Israel’s capital & agreed to again recognize Tel Aviv as the capital.
i.Former conservative Prime Minister Scott Morrison formally recognised West Jerusalem as Israel’s capital in December 2018, although the Australian embassy remained in Tel Aviv.
ii.The Cabinet also reaffirmed that Jerusalem’s status must be resolved in peace negotiations between Israel and the Palestinians.

BANKING & FINANCE

IPPB & RBIH Collaborate for Innovations in Financial Product and ServicesIndia Post Payments Bank (IPPB) and Reserve Bank Innovation Hub (RBIH) Collaborate for innovations in Financial Product and ServicesIndia Post Payments Bank (IPPB) and Reserve Bank Innovation Hub (RBIH), a wholly-owned subsidiary of the Reserve Bank of India (RBI),  partnered to enhance the reach of financial solutions to large sections of society across India and to enable frictionless finance to a billion Indians.
Highlights:
i.Under the partnership, IPPB and RBIH will plan, design and execute innovative products and offerings to bridge the existing gap by bringing digitised services at the customer’s doorstep.
ii.Both IPPB and RBIH will explore projects that would impact many by reaching out to billion Indians upon rural financing and enabling access to sustainable and secure finance services to every segment of the society, through research and innovation.
iii.Additionally, IPPB will be an active participant and partner with RBIH on initiatives of national importance led by RBIH.

  • The RBIH is a wholly-owned subsidiary of the Reserve Bank of India (RBI) set up to promote and facilitate an environment for accelerating innovation across the financial sector.

About India Post Payments Bank (IPPB):
IPPB  has been established under the Department of Posts, under the Ministry of Communication and 100 percent owned by the Government of India (GoI).
Chairman & Director – Vineet Pandey
MD & CEO– J Venkatramu
Headquarters – New Delhi, Delhi
Establishment – 2018

PhonePe Launches Its 1st Green Data Centre in Association with Dell Technologies & NTT Ltd

PhonePe, India’s leading fintech platform, has launched its first green data centre in India in Navi Mumbai, Maharashtra, leveraging technology and solutions from Dell Technologies and NTT Ltd.

  • This first green data centre of PhonePe in India will assist the company achieve its sustainability goals and cut down on carbon emissions.

The Green Data Centre of PhonePe
This Green Data Centre is a 4.8-megawatt (MW) facility that occupies 13,740 square feet in Mahape, Navi Mumbai, Maharashtra.

  • It is constructed and designed using cutting-edge alternative cooling technologies like Direct Contact Liquid Cooling (DCLC) and Liquid Immersion Cooling (LIC).

With minimal energy use, its Dell PowerEdge servers will deliver exceptional performance, streamlined management, and intelligent automation.
Key Points:
i.This PhonePe green data centre employs LIC technology, making it the first green data centre introduced to India by Dell Technologies.
ii.It is anticipated to have a power use effectiveness (PUE) of 1.27, which is lower than the industry average of 1.6 for air-cooled data centres.

  • It will result in a power savings of roughly 1.58 MW.
  • PUE is a metric used to evaluate the energy efficiency of a data center.

About PhonePe:
Founder & CEO – Sameer Nigam
Established – 2015
Headquarters – Bengaluru, Karnataka

HDFC Securities Opens First Women-Only Digital Centre In BengaluruHDFC Securities Opens The First Women-Only Digital Centre in BengaluruHDFC Securities Limited, a subsidiary of HDFC Bank Limited, has opened first-ever Women-Only Digital Centre (DC) in Bengaluru, Karnataka with all women staff aged below 30 years, serving both male and female investors.

  • This DC will cater to customers from Karnataka, Tamil Nadu, Andhra Pradesh and Telangana.

Key highlights:
i.This ensures access, especially to women investors, because only 7 percent of Indian women invest independently in the financial markets and around 33 percent of women does not have any financial investments.
ii.The main aim is to encourage women to be financially independent with the new DCs women-only team, which could attract more females.

  • HDFC Securities will engage around 600 relationship managers for its yet-to-expand pan-India DCs.

About HDFC Securities Limited:
Managing Director (MD) & Chief Executive Officer (CEO) – Dhiraj Relli
Headquarters – Mumbai, Maharashtra
Parent OrganisationHDFC Bank Limited

ECONOMY & BUSINESS

JSPL signs MoU with Greenko for 1000 MW Carbon-Free Energy

Jindal Steel and Power Limited (JSPL) signs a Memorandum of Understanding (MoU) with Greenko Group for the supply of 1,000 mega MW of Carbon-free energy for its steel-making operations at Angul, Odisha.

The MoU aims to reduce CO2 emissions in accordance with ESG goals. It stated that green energy will be used to reduce approximately 7 million tonnes of CO2 per year at Angul, Odisha.

  • The proposed 1000 MW carbon-free energy is targeted to meet the existing and incremental power demand of JSP’s Angul facility.
  • As part of the proposed transaction, Greenko Group shall offer energy storage capacity from its Off-Stream Closed Loop Pumped Storage Project (OCPSP) under development in Madhya Pradesh and Rajasthan.
  • Increasing the use of carbon-free energy will not only reduce the carbon footprint of core industries in India but will also be a key differentiator in the global markets.

AWARDS & RECOGNITIONS      

American historian Barbara Metcalf conferred Sir Syed Excellence Award for 2022

Professor Barbara Daly Metcalf, American historian and internationally acclaimed scholar of South Asian history and Islam conferred the Sir Syed Excellence International Award for 2022 by the Aligarh Muslim University (AMU) on Sir Syed Day 2022 (October 17) which marks the 205th birth anniversary of AMU founder Sir Syed Ahmad Khan.

  • Barbara Metcalf attended the event virtually from the United States (US) on 17th October 2022.
  • At the same event, Sir Syed Excellence National Award 2022 was given to the Maulana Azad Education Foundation, New Delhi, Delhi.
  • The international award given to Barbara Metcalf, carries a cash prize of Rs 200,000, while the national award of Rs 100,000 was given to the Maulana Azad Education Foundation.

Dignitaries Present: 

  • Tahir Mahmood, former chairman of the National Commission for Minorities (NCM) and legal scholar, was the chief guest of the event.
  • Chandan Sinha, the National Archives of India Director General, was the guest of honour.

About Barbara Daly Metcalf:
i. Barbara D. Metcalf from Philadelphia (Pennsylvania) is the Professor Emeritus of History at the University of California, Davis, USA.
ii. She completed her doctoral degree at the University of California, Berkeley in 1974, under the guidance of Ira Lapidus, a historian of the Islamic world, and Hamid Algar, a scholar of Persian and Islam.

  • Her dissertation was about the history of the Muslim religious scholars of Aligarh and Deoband (Uttar Pradesh), a reformist religious seminary in northern India founded in the late 19th century (the 1860s).

iii.  She was the president of the Association for Asian Studies in 1994.
iv. She served as the Dean of the College of Letters and Science at the University of California, Davis (California), and as the Alice Freeman Palmer Professor of History at the University of Michigan, US (2003–2009).
v. From 2010 to 2011, she was the President of the American Historical Association.
Books:

  • Islamic Revival in British India: Deoband, 1860–1900- 1982.
  • Perfecting Women – Maulana Ashraf Ali Thanawi′s Bihishti Zewar- 1992
  • Islamic Contestations: Essays On Muslims in India and Pakistan- 2006
  • Islam in South Asia in Practice- 2012

About Sir Syed Ahmad Khan: 
i. Sir Syed Ahmad Khan, born on 17th October 1817, in Delhi, was a Muslim educator, jurist, author and one of the architects of modern India
ii. He was one of those early pioneers who recognized the critical role of education in the empowerment of the poor and backward Muslim community.
iii. In 1875, he established the Muhammadan Anglo-Oriental College in Aligarh, Uttar Pradesh. By 1920 the college was transformed into the Aligarh Muslim University.

Gautam Adani tops 2022 Forbes list of India’s 100 Richest; Mukesh Ambani on 2nd Gautam Adani pips Mukesh Ambani to top Forbes list of India's 100 RichestAccording to the 2022 Forbes List of India’s 100 Richest (released on 12th October 2022), Gautam Adani, Chairperson of Adani Group, has topped the list with a net worth of USD 150 billion.

  • With a net worth of USD 88 Billion, Mukesh Ambani, Chairman and managing director of Reliance Industries Ltd(RIL) has secured the 2nd position followed by Radhakishan Damani founder of DMart in 3rd position.
  • Radhakishan Damani has entered the top 3 for the first time with a net worth of USD 27.6 Billion.

Top 5 on 2022 Forbes list of  India’s 100 Richest:

RankNameNet Worth(USD)
1Gautam Adani150 billion
2Mukesh Ambani88 billion
3Radhakishan Damani27.6 billion
4Cyrus Poonawalla21.5 billion
5Shiv Nadar21.4 billion


The top 10 on the list includes Savitri Jindal & family at 6th with USD 16.4 Billion; Dilip Shanghvi & family at 7th with USD 15.5 Billion, Hinduja brothers at 8th with USD 15.2 Billion, Kumar Birla at 9th with USD 15 Billion and Bajaj Family at 10th with USD 14.6 Billion.
Click here for the complete 2022 list 
Key Points:
i.The collective wealth of India’s 100 Richest On the 2022 Forbes List has increased by USD 25 billion to USD 800 Billion. The minimum amount required to enter the 2022 list was USD 1.9 billion, close to 2021’s  USD 1.94 billion.
ii.The wealth of Gautam Adani and Mukesh Ambani accounts to around 30% of the total wealth of India’s 100 richest lists.
iii.The 2022 list features 9 new faces which include, India’s richest self-made woman Falguni Nayar,  founder and CEO of Nykaa at No 44 with a net worth of USD 4.08 billion, Ravi Modi founder and Managing Director of Manyavar(ethnic wear brand) at No 50 with USD 3.75 Billion and Rafique Malik, Chairman of Metro Shoes Limited at No 89 with USD 2.22 billion.
iv.4 prominent members on the list, Rahul Bajaj of Bajaj Group, markets investor Rakesh Jhunjhunwala, Pallonji Mistry, chairman of the Shapoorji Pallonji Group and his son Cyrus Mistry, passed away in 2022.
Note: the list is compiled by using shareholding and financial information obtained from families and individuals, stock exchanges, analysts and India’s regulatory agencies.

People of Ukraine & their President wins the European Parliament’s 2022 Sakharov PrizeEU awards top human rights prize to the people of UkraineOn 19th October 2022, the European Parliament awarded the 2022 Sakharov Prize for Freedom of Thought, a prestigious human rights prize to the brave people of Ukraine, represented by their President Volodymir Zelenskyy to honour their resistance to Russia’s invasion and ongoing war.

  • The award comes with 50,000 euros (EUR) price money which will be distributed to the representatives of Ukrainian civil society.
  • The awarding of the Sakharov Prize will take place on 14 December 2022 in Strasbourg, France.

Sakharov Prize for Freedom of Thought: 
i. The European Parliament’s “Sakharov Prize for Freedom of Thought named after the late Soviet dissident Andrei Dmitrievich Sakharov, has been awarded annually since 1988 to individuals and organizations defending human rights and fundamental freedoms.
ii. It was 1st awarded to Nelson Mandela and Anatoli Marchenko in 1988 as a tribute for their human rights work.
Key Highlights:
i. The nomination singles out  Ukrainian President Volodymyr Zelenskyy for his bravery, endurance and devotion to his people.
ii. The nomination highlights the efforts of the Ukrainian President together with the role of individuals, representatives of civil society initiatives and state and public institutions which is currently occupied by Russian forces.  

APPOINTMENTS & RESIGNATIONS    

Dr K P Ashwini Becomes 1st Asian & 1st Indian to be Appointed as UNHRC’s Special Rapporteur

Dalit woman scholar appointed UNHRC Special Rapporteur 1

United Nations Human Rights Council(UNHRC) has appointed Dr K P Ashwini, hailing from Kurabarahalli, Kolar district, Karnataka(India) as its Special Rapporteur on contemporary forms of racism, racial discrimination, xenophobia and related intolerance. She becomes the first Indian and Asian to be appointed as UNHRC’s special rapporteur.

  • Dr K P Ashwini appointment was made official during the UNHRC session that concluded on 7th October 2022 in Geneva, Switzerland.

Note: The mandate of the Special Rapporteur lasts for a period of 3 years.
About Dr K P Ashwini:
i.Dr K P Ashwini is an Ambedkarite and a PhD scholar from Jawaharlal Nehru University(New Delhi, Delhi).
ii.She has served as a lecturer and professor at Mount Carmel and Saint Joseph’s College in Bengaluru, Karnataka. She has also conducted a special study on the effects of mining on the tribals of Odisha and Chattisgarh with Amnesty University.
iii.She works towards addressing issues of apartheid, racism, region-based discrimination, Islamophobia, and discrimination against migrants.
iv.She will also be addressing the issues of the usage of social media platforms to spread and amplify hate.
Other appointments:
Paula Gaviria from Colombia was appointed as Special Rapporteur on the human rights of internally displaced persons; Margaret Satterthwaite from the United States of America(USA) was appointed as Special Rapporteur on the independence of judges and lawyers, and Ganna Yudkivska from Ukraine was appointed as a member from the Eastern European States of the Working Group on Arbitrary Detention.
About United Nations Human Rights Council(UNHRC):
High Commissioner for Human Rights– Volker Türk (Austria)
Headquarters– Geneva, Switzerland

Dr Sankarasubramanian K named Principal Scientist of ISRO’s Aditya-L1 missionSankarasubramanian named Principal Scientist of ISRO's Aditya-L1 missionIndian Space Research Organisation(ISRO) has named Dr. Sankarasubramanian K, a senior solar scientist at the U R Rao Satellite Centre (URSC), Bengaluru, Karnataka, as  the Principal Scientist of Aditya-L1 mission.
About Dr. Sankarasubramanian K:
i.At present Dr. Sankarasubramanian K is serving as the head of Space Astronomy Group(SAG) of URSC, which is involved in developing scientific payloads for Aditya-L1, XPoSat, and Chandrayaan-3 propulsion module.
ii.He is also the Principal Investigator for one of the X-ray payloads onboard Aditya-L1.
iii.He has contributed to AstroSat, Chandrayaan-1 and Chandrayaan-2 missions at various capacities.
iv.He also heads the Aditya-L1 Science Working Group which have members from various Indian institutes that are working in solar science research.
About Aditya-L1 Mission:
Aditya-L1 is the first observatory-class space-based solar mission from India which is set to be launched in 2023.

  • The Aditya-L1 Mission gets its name from “Aditya”, sanskrit name of the Sun and L1 is the lagrange point where it will be placed.
  • Aditya-L1 is a 1500kg satellite carrying the 7 scientific payloads for various in-situ measurements.
  • It is expected to be launched onboard Polar Satellite Launch Vehicle-XL (PSLV-XL) rocket  from Sriharikota, Andhra Pradesh(AP).

Key Points:
i.The designed life cycle of the mission is 5 years.
ii.The spacecraft will be placed in a halo orbit around the first Lagrange point, L1, of the Sun-Earth system which is about 1.5 million kilometres from the Earth.
iii.A satellite around the L1 point has the major advantage of continuously viewing the Sun without occultation/eclipses.
About Indian Space Research Organisation(ISRO):
Chairman–  S. Somanath
Headquarters– Bengaluru, Karnataka

Ministry of Corporate Affairs nominates two directors on board of IL&FS

The Ministry of Corporate Affairs (MCA) has nominated G Mahalingam and Deepak Mohanty as Non-Executive Directors on the board of Infrastructure Leasing & Financial Services (IL&FS) with effect from October 15, 2022.
i. The appointment has been approved by both the MCA and National Company Law Tribunal (NCLT).
ii. Mahalingam former executive directors in the Reserve Bank of India (RBI) and whole time director of Securities and Exchange Board of India (SEBI) and Mohanty are former executive directors in the RBI.       

SPORTS

FIFA Unveils Mascot of FIFA Women’s World Cup 2023 – Tazuni

On 19th October 2022, Tazuni, a fun, football-loving Penguin was unveiled as the official Mascot of the Federation Internationale de Football Association (FIFA) Women’s World Cup Australia and New Zealand 2023.

  • The name Tazuni is a fusion of the Tasman sea, the home of penguins and Unity, which is the key value of the event.

Key points:
i.Based on the Eudyptula minor’ species that is endemic to New Zealand (also known as Aotearoa) and Australia, the Tazuni was announced as mascot of the event.
ii.Tazuni’s first live appearance will be in Auckland, New Zealand at the tournament’s Draw on 22nd October 2022.
About FIFA Women’s World Cup 2023:
i.The 2023 FIFA Women’s World cup will be the 9th edition in the series and this is the first time that 2 nations co-host the tournament.
ii.The tournament will be split between Australia and New Zealand and in total, there will be 64 games played across 10 different venues in 9 different cities (5 in Australia and four 4 in New Zealand).
About Federation Internationale de Football Association (FIFA):
Secretary-General – Fatma Samba Diouf Samoura
Headquarters – Zurich, Switzerland

Jyothi Yarraji becomes first Indian woman to clock sub-13 seconds in 100m hurdles 

Indian Sprinter Jyothi Yarraji (Railways) became the first Indian woman to clock a legal sub-13 second time for 100meter Hurdles at the 61st Athletics Federation of India (AFI) National Open Athletics Championships at the Sree Kanteerava Stadium in Bengaluru, Karnataka.
i.Jyothi Yarraji clocked 12.82second in the final and won the gold medal in women’s 100meter hurdles and broke her previous record of 13.04second in May 2022 at Harry Schulting Games 2022, Netherlands.
ii.Jyothi Yarraji also bagged the gold in the 100m, after defeating India’s premier women’s sprinters Dutee Chand and Hima Das.

OBITUARY

Dr Dilip Mahalanabis Pioneer of Oral Rehydration Therapy Passed Away ORS icon Dr Dilip Mahalanabis dies in KolkataDr Dilip Mahalanabis, a renowned physician, who introduced Oral Rehydration Solutions (ORS) passed away in Kolkata, West Bengal.
Note: Oral rehydration therapy is a solution used to prevent and treat dehydration.
About Dilip Mahalanabis:
i. Dr Dilip Mahalanabis was born on 12 November 1934 in Kolkata, an Indian paediatrician, who was known for his contribution to oral rehydration therapy to treat diarrheal diseases.
ii. He carried out research in ORS after joining the Johns Hopkins University International Centre for Medical Research and Training in Kolkata in the 1960s.
iii. He had hit the headlines for working in overflowing refugee camps during the 1971 Bangladesh Liberation war when he came up with ORS.
iv. In the mid-1980s and early 1990s, he served as a medical officer in the Diarrheal Disease Control Programme of the World Health Organization (WHO).
v. Dr. Dilip Mahalanabis established the Society for Applied Studies (SAS) in Kolkata, West Bengal in 1990.
vi. He was elected as a foreign member of the Royal Swedish Academy of Sciences in 1994.
Awards: 
i. In 2002, Dr Dilip Mahalanabis and Dr Nathaniel F Pierce were jointly awarded the inaugural Pollin Prize for Pediatric Research by Columbia University for their contributions to the discovery and implementation of ORS.
ii. In 2006, he was awarded the Prince Mahidol Prize, for his role in the development and application of ORS.
ORS Day: 

  • World ORS Day is annually observed across the globe on July 29 to raise awareness about using ORS.
  • The day was initiated by the Indian Academy Of Pediatrics in 2001.

BOOKS & AUTHORS

CM Pinarayi Vijayan releases Congress leader C.K. Sreedharan’s Autobiography

Pinarayi Vijayan, Chief Minister of Kerala released the autobiography of senior Congress leader Advocate (Adv) C K Sreedharan “Jeevitham Niyamam Nilapadukal” at Kanhangad, Kerala. The autobiography (written in Malayalam) is published by Olive Publication.

  • Adv CK Sreedharan had served as Karnataka Pradesh Congress Committee (KPCC) Vice President, District Congress Committee (DCC) President and party’s political affairs committee.
  • CK Sreedharan is one of Kerala’s most eminent criminal lawyers and prominent political leaders.

IMPORTANT DAYS

World Osteoporosis Day 2022 – October 20 World Osteoporosis Day - October 20 2022World Osteoporosis Day is annually observed across the globe on 20th October to create awareness about the prevention, diagnosis and treatment of osteoporosis. Osteoporosis is a condition in which bones become weak and brittle
The theme of the 2022 campaign of World Osteoporosis Day is “Step Up for Bone Health”.

  • The 2022 campaign promotes exercise with weight-bearing and resistance exercises in the program.

Background:
i.World Osteoporosis Day was initially launched by the National Osteoporosis Society of the United Kingdom and supported by the European Commission.
ii.Since 1997, the observance of World Osteoporosis Day is led by the International Osteoporosis Foundation(IOF). 

  • The first ever World Osteoporosis Day was observed on 20th October 1996.

About  International Osteoporosis Foundation(IOF):
IOF is the world’s largest non-governmental organisation dedicated to the prevention, diagnosis, and treatment of osteoporosis.  Launched in 1998
President– Cyrus Cooper
Chief Executive Officer– Philippe Halbout
Headquarters– Nyon, Switzerland
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International Chefs Day 2022- October 20International Chefs Day - October 20 2022International Chefs Day is annually observed across the world on October 20 by the World Association of Chefs’ Societies (Worldchefs) to celebrate the Culinary arts and to educate the people about the significance of culinary professionals (Chefs). The day also aims to educate kids around the world about the importance of healthy eating.
i. The campaign for International Chefs Day 2022 is “Growing A Healthy Future”.
ii. International Chefs Day was created by the late Dr Bill Gallagher, former President of Worldchefs, in 2004, to celebrate the noble profession and highlight the importance to pass on knowledge and culinary skills to the next generation of chefs with a sense of pride and commitment to the future.
iii. International Chefs Day was 1st celebrated on 20th October 2004.
About the World Association of Chefs’ Societies (Worldchefs):
President- Chef Thomas A. Gugler
Headquarters- Paris, France
Establishment- 1928
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STATE NEWS

CII & Indian Oil Corporation Partners to Launch Project Vayu Amrit in Sangrur

On 19th October 2022 the Confederation of Indian Industry (CII) partnered with Indian Oil Corporation (IOC) to launch project ‘Vayu Amrit’, a crop residue management initiative, to mitigate stubble burning in Sangrur, Punjab.
Key points:
i.The stubble burning will adversely impact the environment and a major cause of air pollution in the northwest, especially Delhi-National Capital Region (NCR) during winters.

  • The project ‘Vayu Amrit’ will be implemented in around 300 villages, covering 3 lakh acres of farmland.

ii.Under the partnership, IOC will support CII in implementing the project in 9 villages of Sangrur covering around 7,000 acres of farmland.
iii.A range of activities will also be undertaken to promote environment friendly alternatives to stubble burning including, creating awareness about the harmful effects of stubble burning, providing farmers with appropriate machinery and technical training to manage stubble, and facilitating the adoption of environment friendly ways of crop residue management.
Keynote:
In 2021, CII had launched a crop residue management programme in 226 villages, covering 2 lakh acres of farmland in Punjab and Haryana to mitigate stubble burning and reduce air pollution.

  • After its implementation, the stubble burning was reduced by 84 percent in the area.

About  Confederation of Indian Industry (CII):
President – Sanjiv Bajaj (also the Chairman & Managing Director of Bajaj Finserv Limited)
Headquarters – New Delhi, Delhi

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Current Affairs Today (AffairsCloud Today)

S.noCurrent Affairs 21 October 2022
1Union Minister Dharmendra Pradhan Launches Draft of National Credit Framework for Public Consultation
214th World Spice Congress to Be Held in Mumbai in February 2023, On The Sidelines of the G20 Meet
3REC & PFC Signs MoA with STPL for Financing Buxar Thermal Power Plant
4The Centi-Millionaire Report 2022: India 3rd On The List of Centi-Millionaires; Predicted to Overtake China by 2032
5‘SARANG – The Festival of India in Republic of Korea’ enthrals art & music lovers in South Korea
6Australia reverses recognition of Jerusalem as Israel’s capital
7IPPB & RBIH Collaborate for Innovations in Financial Product and Services
8PhonePe Launches Its 1st Green Data Centre in Association with Dell Technologies & NTT Ltd
9HDFC Securities Opens First Women-Only Digital Centre In Bengaluru
10JSPL signs MoU with Greenko for 1000 MW Carbon-Free Energy
11American historian Barbara Metcalf conferred Sir Syed Excellence Award for 2022
12Gautam Adani tops 2022 Forbes list of India’s 100 Richest; Mukesh Ambani on 2nd
13People of Ukraine & their President wins the European Parliament’s 2022 Sakharov Prize
14Dr K P Ashwini Becomes 1st Asian & 1st Indian to be Appointed as UNHRC’s Special Rapporteur
15Dr Sankarasubramanian K named Principal Scientist of ISRO’s Aditya-L1 mission
16Ministry of Corporate Affairs nominates two directors on board of IL&FS
17FIFA Unveils Mascot of FIFA Women’s World Cup 2023 – Tazuni
18Jyothi Yarraji becomes first Indian woman to clock sub-13 seconds in 100m hurdles
19Dr Dilip Mahalanabis Pioneer of Oral Rehydration Therapy Passed Away
20CM Pinarayi Vijayan releases Congress leader C.K. Sreedharan’s Autobiography
21World Osteoporosis Day 2022 – October 20
22International Chefs Day 2022- October 20
23CII & Indian Oil Corporation Partners to Launch Project Vayu Amrit in Sangrur