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Recommendations of 45th GST Council Meeting held at Lucknow, Uttar Pradeshi.On September 17, 2021, the 45th meeting of GST (Goods & Service Tax) Council was held at Lucknow, Uttar Pradesh, under the chairmanship of the Union Minister Nirmala Sitharaman, Ministry of Finance.
ii.The Council has made the various recommendations related to extension of existing concessional GST rates on certain COVID-19 treatment drugs, reduction of GST rates on various other medicines, revision and clarification of GST rates of various Goods and Services, several measures relating to GST Law & Procedures, etc.
iii.The existing concessional GST rates (till 30th September, 2021) on Covid-19 treatment drugs extended to December, 31 2021.
iv.From January 1, 2022, food delivery apps will collect and deposit 5% GST with the government, in place of restaurants, for deliveries made by them. This will not affect the end consumer.
v.There is an increase of 12/18% to 18% GST rate on Cartons, boxes, bags, packing containers of paper, and kinds of pens from 12/18% to 18%.
About GST (Goods & Service Tax):
It is an indirect tax which has replaced various indirect taxes in India such as the excise duty, VAT, services tax, among others. It has 3 components:
i.CGST(Central Goods and Services Tax) – tax collected by the Central Government on an intra-state sale.
ii.SGST(State Goods and Service Tax) – tax collected by the state government on an intra-state sale.
iii.IGST(Integrated Goods and Services Tax) – tax collected by the Central Government for an inter-state sale.
>>Read Full News
15th India-Nepal Joint Military Training Exercise ‘Surya Kiran’ begins at Pithoragarh, Uttarakhandi.The 14-day long 15th India-Nepal Joint Military Training exercise Surya Kiran commenced on September 20, 2021 in the Himalayan border town of Pithoragarh, Uttarakhand in India.
ii.The Indian Army is represented by Garhwal Regiment. More than 650 soldiers are participating from both sides.
iii.The exercise is a part of an initiative to develop inter-operability and sharing expertise between the two nations.
It is a home (along with Tibet) to Mount Everest, a peak of which is highest altitude above mean sea level at 29,029 feet [8,848 meters].
Currency– Nepalese rupee
>>Read Full News
Devusinh Chauhan Launched Commemorative Stamp on 515th Birth Anniversary of Rao Jaimal Rathore
Devusinh Chauhan, Union Minister of State (MoS), Ministry of Communications launched a commemorative postal stamp to honour Rao Jaimal Rathore on his 515th birth anniversary.
This commemorative stamp was launched in the run-up to the celebration of 75th Azadi ka Amrit Mohatsav in Srinagar, Jammu and Kashmir(J&K).
Rao Jaimal Rathore, a Rajput warrior general of Chittorgarh, fought against the Mughal army during its siege from 1567 to 1568.
IRCTC Launched India’s 1st Indigenous Luxury Cruise Liner
Indian Railway Catering and Tourism Corporation (IRCTC) started India’s first indigenous luxury cruise liner on 18th September 2021.
IRCTC has partnered with Cordelia Cruises, operated by Waterways Leisure Tourism Private Limited to promote and market India’s 1st luxury cruise.
- The cruise will sail to national and international destinations like Goa Diu, Lakshadweep, Kochi and Sri Lanka.
India to become world’s 3rd largest importer by 2050: Global Trade Outlook
According to a report ‘Global Trade Outlook’ by UK’s Department of International Trade, India is going to become the world’s 3rd largest importer by 2050 with a 5.9% share of global imports. Top two position were occupied by China and the United States (US).
India’s Position at various Stage: –
- According to the Global Trade Outlook report, India will be expected to reach 4th position by 2030 with a 3.9% share
- Currently, India holds 8th position on the list of largest importing countries with a 2.8% share.
- India is to be the 3rd largest in world economies by 2050 with a global GDP share of 6.8 percent. Now India holds 5th position in World Largest Economy with 3.3 percent share.
Highlights of report-:-
- As the growing purchasing power of Asia’s middle-class accounts for a rising share of global import demand, US’s and EU’s share of most import sectors is expected to decline by 2030.
- ‘E7 group’ of the seven largest emerging economies – China, India, Brazil, Russia, Indonesia, Mexico and Turkey – are expected to equal the G7’s share of global import demand by 2050.
- G7 comprises seven richest nations of the world – the US, UK, Canada, France, Germany, Japan, and Italy.
Note– G7’s share of global GDP was reduced to 46% in 2020 when compared to 65% in 2000.Meanwhile the E7’s share was raised from 11% to 28%.
Top 10 countries in imports
|2||China||United States||United States|
|9||Hong Kong||Hong Kong||Hong Kong|
BANKING & FINANCE
HDFC Bank partners Paytm to launch Co-Branded Credit CardsOn 20th September 2021, HDFC Bank announced partnership with Paytm to launch a range of co-branded credit cards powered by Visa. The collaboration comes as a result of providing a range of offers like ‘EMIs’ and ‘Buy Now Pay Later’ options to increase the purchase potential of customers in this festival season.
i.Under this partnership, a range of Business credit cards with special features benefiting merchants from smaller cities will be unveiled, with instant & paperless approvals.
ii.This targets deeper penetration in India’s Tier-II & Tier-III markets, enabling faster adaptation to digital payment.
iii.The co-branded credit card is set to be released in October 2021, while the fuller version with multiple features is set to be launched in December 2021.
iv.Best-in-class rewards & cashbacks are set to be provided on these credit card purchases.
About HDFC Bank:
Establishment – 1994
Headquarters – Mumbai, Maharashtra
MD & CEO – Sashidhar Jagdishan
Tagline – We understand your world
Established – 2010
Headquarters – Noida, Uttar Pradesh
Founder & CEO – Vijay Shekhar Sharma
AWARDS & RECOGNITIONS
Union Education and Skill Development Minister Dharmendra Pradhan presents Kaushalacharya Awards 2021Union Education Minister and Skill Development Minister, Dharmendra Pradhan presented the Kaushalacharya Awards for 2021 virtually on the occasion of Vishwakarma Jayanti (17th September).
The Award was given to 41 skill trainers for their excellent contribution to the skill ecosystem.
i.The 41 trainers are belonged to various initiatives and training programmes of Skill India— Directorate General of Training (DGT), Apprenticeship, Pradhan Mantri Kaushal Vikas Yojana (PMKVY), Jan Shikshan Sansthan (JSS) and Entrepreneurship. Awards for vocational training under Industrial Training Institute (ITI) were also presented.
ii.Five candidates also got the award under the apprenticeship category while two candidates got award under the trainers category from DGT for non- engineer category.
About Kaushalacharya Awards
An initiative of the Ministry of Skill Development and Entrepreneurship (MSDE), the Kaushalacharya Awards is an annual celebration that focuses on honoring the skill trainers and the impact created by them on India’s youth.
Kaushalacharya Awards are launched in a bid to recognize the contribution made by skill trainers and to motivate more trainers to join the Skill India Mission.
About Pradhan Mantri Kaushal Vikas Yojana (PMKVY)
PMKVY is the flagship scheme of the Ministry of Skill Development &
Objective– To enable a large number of Indian youth to take up industry-relevant skill training that will help them in securing a better livelihood.
About Ministry of Education
Minister- Dharmendra Pradhan (Rajya Sabha, Madhya Pradesh)
Minister of State – Annpurna Devi (Constituency-Kodarma,Jharkhand), Subhas Sarkar (Constituency – Bankura, West Bengal), Rajkumar Ranjan Singh (Constituency – Inner Manipur, Manipur)
8 writers named for Sahitya Akademi FellowshipThe general council of National Academy of Letters aka Sahitya Akademi was met under the chairmanship of its president Dr Chandrashekhar Kambar where the highest honour, the Sahitya Akademi Fellowship was announced for 8 writers.
The eminent writers selected for for the same areas follows:
i.Ruskin Bond– He has written over 300 short stories, essays and novels and more than 30 books for children besides several other works. He is the recipient of Sahitya Akademi Award, Sahitya Akademi’s Bal Sahitya Puraskar, Padma Shri and Padma Bhushan among other prestigious awards.
ii.Vinod Kumar Shukla (Hindi)- With 20 published books including poetry collections, novels, and short stories to his credit, he is a member of the General Council of Sahitya Akademi. He is also the recipient of Sahitya Akademi Award, Shikhar Samman of the Madhya Pradesh Government, among others.
iii.Sirshendu Mukhopadhyay (Bengali)- He is a novelist and short story writer. He is also a recipient of Sahitya Akademi Award, among others.
iv.Mundanat Leelavathy (Malayalam)- She is an eminent writer, literary critic, and educationist with more than 60 published books to her credit. She has won many prestigious awards and honours like the Padma Shri, Sahitya Akademi Award.
v.Dr. Bhalchandra Nemade (Marathi)- He has around 15 published books which have won him honours as the Padma Shri, Sahitya Akademi Award, Jnanpith Award, etc.
vi.Dr Tejwant Singh Gill (Punjabi)- He an eminent writer and scholar who has written 25 books and has translated works of Punjabi poetry, drama and fiction into English and Garcia Marquez’s “One Hundred Years of Solitude” into Punjabi.
vii.Swami Rambhadracharya (Sanskrit)- A spiritual leader and Sanskrit scholar, Swami Rambhadracharya is the recipient of a number of awards including five gold medals at the All India Sanskrit Conference, Sahitya Akademi Award etc.
viii.Indira Parthasarthy (Tamil)- A writer and scholar, he has more than 40 published books to his credit including plays, novels, collection of short stories and anthologies of novellas. He is also a recipient of the Sahitya Akademi Award, Padma Shri, etc.
Sahitya Akademi Translation Prize 2020
The executive board also announced the Sahitya Akademi Translation Prize 2020 in 24 Indian languages.
i.The English translation of Kannada novel “Ghachar Ghochar’” written by Vivek Shanbhag and translated by Srinath Perur, and the Hindi translation of Thiruvalluvar’’s ‘Thirukkural’ by TES Raghwan won the award among 22 others.
APPOINTMENTS & RESIGNATIONS
Former UK PM Gordon Brown become Health Financing Ambassador of WHOThe former British Prime Minister (PM) Gordon Brown has been appointed as Ambassador for Global Health Financing of World Health Organization (WHO). He was appointed by the WHO Director-General Tedros Adhanom Ghebreyesus.
- He will facilitate the accessibility and equitable distribution of COVID-19 vaccines at global level.
- In association with WHO, He will elevate and support the efforts to increase awareness about Global Health Financing specially from G20 and G7
About Gordon Brown
i.He served as the Prime Minister of the United Kingdom and Leader of the Labour Party from 2007 to 2010.
ii.He was the Chancellor of the Exchequer under PM Tony Blair’s government from 1997 t0 2007.
About World Health Organization (WHO)
Founded- 7 April 1948
Headquarters– Geneva, Switzerland
Director General-Tedros Adhanom Ghebreyesus
Haryana appoints Manika Sheokand as ambassador to save waterHaryana government appointed Femina Miss Grand India 2020, Manika Sheokand as the Goodwill Ambassador of Water Conservation Campaign. She is native of Uchana in Jind district.
- Haryana Chief Minister Manohar Lal handed over the appointment letter and agreement to Manika, at an event held in Haryana Niwas.
- Objective- To help save water by supporting the water conservation campaigns.
Governor: Bandaru Dattatreya
Wildlife sanctuaries: Khaparwas Bird Sanctuary in Jhajjar and Khol Hi-Raitan Wildlife Sanctuary in Panchkula.
Airports: Ambala Air Force Station, Hisar Airport andSirsa Air Force Station.
Charanjit Singh Channi becomes the 16th Chief Minister of PunjabThe Member of Legislative Assembly(MLA) from Congress party Charanjit Singh Channi took the oath as the 16th Chief Minister (CM)of Punjab. He has succeeded the previous CM Captain Amarinder Singh.
i.Sukhjinder Randhawa and Om Parkash Soni will serve as the two Deputy Chief Ministers (Dy.CM) of Punjab.
ii.Amarinder Singh has submitted his resignation to the Governor of State, Banwarilal Purohit.
About Charanjit Singh Channi
i.Charanjit was born on March 1, 1963 Chamkaur Sahib, Punjab.
ii.He has served as the Technical Education and Industrial Training Employment Generation Minister under the previous government of Captain Amarinder Singh. A three time MLA elected from Rupnagar’s Chamkaur Sahib.
iii.He was elected as the leader of Opposition (LoO) in the 14th Punjab Vidhan Sabha.
iv.He has become the first Dalit Chief Minister of Punjab.
Wildlife Sanctuary- Takhni-Rehmapur Wildlife Sanctuary, Harike Wildlife Sanctuary, Bir Aishwan Wildlife Sanctuary
Heritage site- Kanjli (2002), Roopar(2002),Harike(1990)
Festival- Lohri ,Hola Mohalla,Baisakhi
ACQUISITIONS & MERGERS
Kotak Mahindra Bank to buy 9.98% stake in KFin Technologies for Rs 310 CroreOn 20th September 2021, Kotak Mahindra Bank (KMB) announced to acquire 9.98% stakes of KFin Technologies by buying over 1.67 crore equity shares for Rs 310 crores as a primary capital infusion to the company. The companies are planning to complete the acquisition by the end of October 2021.
i.KFin Technologies is a fintech company that provides various financial solutions including asset classes spanning mutual funds, alternative investment funds and pension funds
ii.Notably KFin had a turnover of Rs 481 crore in 2020-21.
About KFin Technologies:
Chairman – M.V. Nair
Established – 2017
Headquarter – Hyderabad, Telangana
About Kotak Mahindra Bank (KMB):
MD & CEO – Uday Kotak
Headquarters – Mumbai, Maharashtra
Tagline – Let’s make money simple
Former England Footballer Jimmy Greaves Passed AwayJimmy Greaves, a former professional footballer from England, who holds the record for most goals in the English top-flight with 357, passed away at the age of 81 in Danbury, United Kingdom(UK). He was born on 20 February 1940 in Manor Park, London, United Kingdom.
About Jimmy Greaves:
i.Jimmy Greaves, a part of England’s 1966 World cup winning team, has scored 44 goals in 57 appearances for England.
ii.He is the 4th all-time leading scorer of England after Gary Lineker, Sir Bobby Charlton and Wayne Rooney.
iii.He has scored 266 goals in 379 games representing Tottenham Hotspur between 1961 and 1970.
iv.He is also 7th on Chelsea’s all-time list with 132 goals in 169 matches.
BOOKS & AUTHORS
AP CM Jagan Mohan Reddy Released “Dancing with Dreams” Book Authored by Chief Secretary Adityanath DasYS Jagan Mohan Reddy, Chief Minister(CM) of Andhra Pradesh(AP) and Somesh Kumar, Chief Secretary to Government of Telangana released the book titled “Dancing with Dreams”, a collection of poems written by Adityanath Das IAS, Chief Secretary to Government of Andhra Pradesh.
Somesh Kumar presented the first copy of “Dancing with Dreams” to Padmaja Das, wife of Adityanath Das to whom the book is dedicated.
- Publisher Ramprasad, senior bureaucrats Neerab Kumar Prasad, Arvind Kumar, S.S. Rawat and Naveen Mittal were present during the release.
About the book:
i.The book is a collection of 40 poems that exhibits the creative, philosophical, spiritual and humane side of Adityanath Das.
ii.The book features various poems written by Adityanath Das during his college days.
iii.The poems reflect hope and confusion about the future.
About Adityanath Das:
i.Aditya Nath Das, an IAS officer of the 1987 batch has been serving as the chief secretary of Andhra Pradesh since 2020. He is set to retire on 30th September 2021.
ii.He has served as the special chief secretary in the water resources department.
International Coastal Cleanup Day 2021 – September 18 International Coastal Cleanup(ICC) day is annually observed across the globe on the third Saturday of September to maintain a clean coastline in order to protect the coastal flora and fauna.
The day is observed by organising the coastal cleanup campaigns that engage volunteers to clean up the beaches and other waterways.
18th September 2021 marks the observance of the 36th International Coastal Cleanup Day.
- ICC Day 2020 was observed on 19th September 2020.
- ICC Day 2022 will be observed on 17th September 2022.
To create awareness about the impacts of trash and debris in Oceans on coastline and beaches, identify the sources and change the behaviours.
The Association for Community Awareness (ASCOA)’s the theme of ICC day 2021 is “Save Our Ocean and Beach”.
i.The International Coastal Cleanup Day was established by the Ocean Conservancy, a non-profit environmental advocacy group based in the United States of America, that works to protect the ocean against various challenges.
ii.The first International Coastal Cleanup Day was observed in 1986
>>Read Full News
International Red Panda Day 2021 – September 18
The International Red Panda Day(IRPD) is annually observed across the globe on the 3rd Saturday of September to create awareness and support the conservation of Red Pandas and their natural habitats across India, Nepal and Bhutan.
18th September 2021 marks the observance of the 12th International Red Panda Day.
- IRPD 2020 was observed on 19th September 2020.
- IRPD 2022 will be observed on 17th September 2022.
i.International Red Panda Day was founded by the Red Panda Network in association with Nicki Boyd, Behavior Husbandry Manager, San Diego Zoo in 2010.ii.The first international Red Panda day was celebrated on 18th September 2010.
About Red Panda:
i.Red Pandas are mostly herbivorous mammals that are classified into 2 separate species, the Chinese red panda (Ailurus styani) and the Himalayan red panda (Ailurus fulgens).
ii.Almost 50% of the red panda’s habitat is in the Eastern Himalayas.
>>Read Full News
International Equal Pay Day 2021 – September 18United Nations(UN)’s International Equal Pay Day is annually observed across the globe on 18th September as an effort to eliminate the gender pay gap and to overcome the sexual discrimination against women and girls in employment.
18th September 2021 marks the observance of the 2nd International Equal Pay Day.
i.The United Nations General Assembly(UNGA) adopted a resolution A/RES/74/142 on 18 December 2019 and proclaimed the 18th September of every year as the International Equal Pay Day.
ii.The first International Equal Pay Day was observed on 18th September 2020.
Gender Pay Gap:
i.Women across the globe are paid less than men, the estimated global gender pay gap is at 23%.
ii.Women earn 77 cents for every dollar men earn for work of equal value, it is estimated that it will take 257 years to close the global gender pay gap.iii.Equal pay is one of the important aspects of human rights and gender equality.
About UN Women:
UN Women is the United Nations entity dedicated to gender equality and the empowerment of women.
Executive Director– Sima Sami Bahous
Headquarters– New York, United States of America(USA)
>>Read Full News
Tamil Nadu Celebrated Social Justice Day – 17th September 2021Tamil Nadu(TN) Government celebrated the 143rd birth anniversary of social activist and politician EV Ramasamy, popularly known as “Periyar” or “Thanthai Periyar”, as Social Justice Day.
17th September 2021 marks the observance of the first ever Social Justice Day across Tamil Nadu.
i.Under rule 110 on the floor of Tamil Nadu Legislative Assembly, MK Stalin, Chief Minister(CM) of Tamil Nadu announced that the 17th September of every year will be celebrated as “Social Justice Day” starting from 2021.
ii.The government of Tamil Nadu has made the decision to celebrate the birth anniversary of Periyar as Social Justice Day to honour his ideology about social justice, self-respect, rationalism and equality.
About Periyar E.V. Ramasamy:
i.Erode Venkatappa Ramasamy (E.V. Ramasamy) was born on 17th September 1879, in Erode, Tamil Nadu.
ii.In the later 1930s, Periyar was elected as the president of the Justice Party, which was transformed into the social organisation ‘Dravidar Kazhagam’ in 1944.
iii.He played a major role in the enactment of the first constitutional amendment Act, which added subclause (4) to Article 15 to preserve the rights and equal opportunities of backward classes of India.
iv.He led the Vaikom Satyagraha, the first-ever organised movement for the rights of people deemed as ‘untouchables’, for which he was hailed as “Vaikom Veerar” (Hero of Vaikom).
Sikkim declares ‘Katley’ as State fishThe Sikkim government has declared ‘Copper Mahseer’ locally named ‘Katley’ as the State fish. The scientific name of the fish is Neolissochilus hexagonolepis.
- The fish is predominantly found in Teesta and Rangit rivers and their tributaries.
- Objective – To highlight the importance of the fish and to emphasis its conservation.
About Copper Mahseer/Katley
i.It was categorised as an endangered species by ICAR-National Bureau of Fish Genetic Resources (ICAR-NBFGR), Lucknow, in 1992.
ii.Even IUCN (International Union for Conservation of Nature) categorised it as endangered in 2014.
iii.The fish has high market value in the State.
Chief Minister: Prem Singh Tamang
National Park: Khangchendzonga National Park in North Sikkim. It was established in 1977. It listed in UNESCO world heritage site.
Wildlife sanctuaries: Maenam Wildlife Sanctuary, Kyongnosla Alpine Sanctuary and Barsey Rhododendron Sanctuary.
Goa CM launches “Sarkar Tumachya Dari” initiativeOn 19th September 2021, Pramod Sawant, the Chief Minister (CM) of Goa announced the 1-day long “Sarkar Tumachya Dari” program also known as “Government at Your Doorstep”. The initiative aims at addressing the grievances among the citizens of Goa while availing government schemes & initiatives.
i.The day-long program is aimed at easing out procedural complexities, so that people can benefit from various government schemes, services & facilities.
ii.Under the “Government at Your Doorstep” initiative, representatives from different governmental departments will visit rural villages across all assembly constituencies of Goa to address various grievances faced by the people while accessing government schemes.
iii.People can address issues regarding their pending Ration Cards, Aadhaar cards, Dayanand Social Security Scheme, Kisan cards, Tribal welfare schemes among others.
iv.At present, around 152 services were provided through the government portal of Goa.
- Notably, Goa celebrates its 60th year of liberation from Portuguese 2021 (Goa got independence in 1961)
Governor – P.S. Sreedharan Pillai
Border States – Maharashtra (North), Karnataka (East & South), Arabian Sea (West)
Goa is India’s smallest state by area, it got its statehood on 30th May 1987
Current Affairs Today (AffairsCloud Today)
|S.no||Current Affairs 21 September 2021|
|1||Recommendations of 45th GST Council Meeting held at Lucknow, Uttar Pradesh|
|2||15th India-Nepal Joint Military Training Exercise ‘Surya Kiran’ begins at Pithoragarh, Uttarakhand|
|3||Union Minister Devusinh Chauhan launches commemorative postal stamp in Srinagar|
|4||India’s first indigenous luxury cruise liner launched|
|5||India to become world’s 3rd largest importer by 2050: UK|
|6||HDFC Bank partners with Paytm to launch co-branded credit cards|
|7||Union Education and Skill Development Minister Dharmendra Pradhan presents Kaushalacharya Awards 2021 to 41 skill trainers|
|8||8 writers named for Sahitya Akademi Fellowship|
|9||Former UK PM Gordon Brown become Health Financing Ambassador of WHO|
|10||Haryana appoints Manika Sheokand as ambassador to save water|
|11||Charanjit Singh Channi becomes the 16th Chief Minister of Punjab|
|12||Kotak Mahindra Bank to acquire 9.98% stake in KFin Technologies|
|13||Former England Footballer Jimmy Greaves Passed Away|
|14||CM YS Jagan Mohan Reddy releases book titled “Dancing with Dreams” by chief secretary Adityanath Das|
|15||International Coastal Cleanup Day 2021 – September 18|
|16||International Red Panda Day 2021: September 18|
|17||International Equal Pay Day 2021:September 18|
|18||Tamil Nadu Celebrated Social Justice Day – 17th September 2021|
|19||Sikkim declares ‘Katley’ as State fish|
|20||Goa CM Pramod Sawant launched ‘Sarkar Tumachya Dari’-Government at Your Doorstep|