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NATIONAL AFFAIRS
Olaf Scholz, Chancellor of Germany, visited India from 24th to 26th October 2024: Participated in 7th IGC and APK 2024
Olaf Scholz, Chancellor of the Federal Republic of Germany, paid an official visit to India, at the invitation of Prime Minister (PM) Narendra Modi, from 24th to 26th October 2024 for the 7th Intergovernmental Consultations (IGC).
i.On 25 October 2024, PM Modi and Chancellor Scholz co-chaired the 7th Intergovernmental Consultations(7th IGC). Chancellor Scholz was accompanied by senior Ministers in his cabinet for the IGC consultations.
ii.PM Modi and Chancellor Scholz addressed the 18th Asia Pacific Conference of German Business (APK 2024) being held in New Delhi, Delhi.
iii.India and Germany signed several Memorandum of Understandings(MoUs) and agreements to boost bilateral relations in the presence of Prime Minister Narendra Modi and German Chancellor Olaf Scholz in New Delhi.
About Germany:
President – Frank-Walter Steinmeier
Capital – Berlin
Currency – Euro
>> Read Full News
Union Minister Rajeev Ranjan Singh Launched Pandemic Fund Project and 21st Livestock Census to Boost Animal Health Security
On 25th October 2024, Union Minister Rajeev Ranjan Singh alias Lalan Singh, Ministry of Fisheries, Animal Husbandry, and Dairying (MoFAH&D) launched Pandemic Fund Project, a USD 25 million initiative funded by the Group-20 (G20) Pandemic Fund, to strengthen animal health security in India for pandemic preparedness and response during an event held in New Delhi, Delhi.
i.He also launched the 21st Livestock Census which will be conducted till February 2025 at a cost of Rs 200 crore.
ii.During the event, Union Minister released two key documents namely, Standard Veterinary Treatment Guidelines (SVTG)and Crisis Management Plan (CMP) for Animal Diseases aimed to strengthen animal health management in India:
About Ministry of Fisheries, Animal Husbandry & Dairying (MoFAH&D):
Union Minister- Rajiv Ranjan Singh alias Lalan Singh (Constituency- Munger, Bihar)
Minister of State (MoS) – S.P. Singh Baghel (Constituency- Agra, Uttar Pradesh, UP); George Kurian (Rajya Sabha- Madhya Pradesh, MP)
>> Read Full News
Government launched ‘Gram Panchayat-Level Weather Forecasting’
Union Minister Rajiv Ranjan Singh aka Lalan Singh, Ministry of Panchayati Raj (MoPR) along with Dr. Jitendra Singh, Minister of State (Independent Charge), Ministry of Science and Technology (MoS&T) and Minister of State (MoS) Satya Pal Singh Baghel, MoPR launched the ‘Gram Panchayat-Level Weather Forecasting’ initiative in Vigyan Bhawan, New Delhi, Delhi to provide daily weather updates to Gram Panchayats on temperature, rainfall, wind speed, and cloud cover.
- This is the first time that localized weather forecasts will be available at the Gram Panchayat level. It is developed in collaboration between MoPR and the India Meteorological Department (IMD), Ministry of Earth Sciences (MoES).
Objective:
To empower Gram Panchayats with localized weather data, enabling informed decisions regarding agriculture and disaster management
Key Points:
i.This initiative provides 5 days daily weather forecasting and provision to check hourly weather forecasts.
ii.Weather forecasts will be accessible through digital platforms like Meri Panchayat application(app), eGramSwaraj, Mausamgram, and Gram Manchitra, enhancing local governance and transparency.
iii.eGramSwaraj supports project monitoring, the Meri Panchayat app fosters community engagement, and Gram Manchitra provides geospatial data for planning and development at the Panchayat level.
iv.Mausamgram is an initiative by the IMD designed to deliver location-specific weather forecasts at the Gram Panchayat level, aiming ‘HAR HAR MAUSAM HAR GHAR MAUSAM’ (weather information for every household anytime).
- It offers hourly forecasts for up to 36 hours, 3-hourly updates for the next five days, and 6-hourly forecasts for days six to ten.
v.A workshop on ‘Weather Forecasts at the Gram Panchayat Level’ was also organized for over 200 participants to provide hands-on training on the use of weather forecasting tools, thus enhancing climate resilience in their regions.
Note: This initiative will be augmented by the implementation of ‘Mission Mausam’ which was approved by the Government of India with an outlay of Rs.2,000 crore for implementation during 2024-26.
About India Meteorological Department (IMD):
Director General(DG) – Dr. Mrutyunjay Mohapatra
Headquarters – New Delhi, Delhi
Formed – 1875
MoF Raised MUDRA Loan Limit under PMMY from Rs 10 Lakh to Rs 20 Lakh
The Department of Financial Services (DFS) under the Ministry of Finance (MoF) raised the limit of Mudra loan amount under the Pradhan Mantri Mudra Yojana (PMMY) from current Rs 10 lakh to Rs 20 lakh under new “Tarun Plus” category to promote entrepreneurship in the country. It will effect from October 24, 2024.
- Borrowers who have previously availed and successfully repaid loans under “Tarun” category will be able to access funding between Rs 10 lakh and Rs 20 lakh.
- Also, the Credit Guarantee Fund for Micro Units (CGFMU) will now offer guarantee coverage for these enhance loans, which reinforces the Government of India (GoI)’s commitment to promote a robust entrepreneurial ecosystem in India.
About Ministry of Finance (MoF):
Union Minister- Nirmala Sitharaman (Rajya Sabha- Karnataka)
Minister of State (MoS)- Pankaj Chaudhary (Constituency- Maharajganj, Uttar Pradesh, UP)
>> Read Full News
DoPPW: Pensioners Turning 80 are Eligible to Get Additional Pension
The Department of Pension and Pensioners’ Welfare (DoPPW), under the Ministry of Personnel, Public Grievances and Pensions(MoPPGP), stated that the Central Government Pensioners turning 80 are eligible for an additional pension.
- On 18th October 2024, the DoPPW released an office memorandum outlining the detailed guidelines on additional pensions for pensioners turning 80.
Details:
i.As per the provisions of Sub Rule 6 of Rule 44 of central civil services (CCS)(Pension) Rules 2021 [erstwhile Rule 49(2-A) of CCS(Pension) Rules 1972], after completion of eighty years of age or above by a retired Government servant, in addition to a pension or a compassionate allowance admissible under the rules.
ii.The additional pension or compassionate allowance will be disbursed as follow:
- 20% of basic pension/compassionate allowance – 80 years to less than 85 years.
- 30% of basic pension/compassionate allowance – 85 years to less than 90 years
- 40% of basic pension/compassionate allowance – 90 years to less than 95 years
- 50% of basic pension/compassionate allowance – 95 years to less than 100 years.
- 100% of basic pension/ compassionate allowance – 100 years or more.
Eligibility: The additional pension or additional compassionate allowance shall be payable from the first day of the calendar month in which it falls due.
What is a Compassionate Pension?
i.A compassionate pension is a special allowance that the government may grant to an employee or their family in certain circumstances like,
- The employee dies while in service, including by suicide.
- The employee retires on medical grounds before reaching the age of 55 (or 57 for former Group ‘D’ government servants).
- The employee’s disablement or death is directly related to their government service.
ii.A compassionate pension sanctioned under the proviso to sub-rule (1) shall not be less than the minimum pension as fixed by the Government.
About Ministry of Personnel, Public Grievances and Pensions(MoPPGP):
Union Minister– Narendra Modi (Constituency- Varanasi, Uttar Pradesh, UP)
Minister of State(MoS)(Independent Charge, IC) – Dr. Jitendra Singh(Constituency- Udhampur, Jammu and Kashmir,J&K)
INTERNATIONAL AFFAIRS
India, Pakistan renew Kartarpur Corridor Agreement until 2029
India and Pakistan have renewed their agreement on the Kartarpur Corridor, extending its operation for further 5 years i.e. until 2029. This corridor facilitates visa-free access for Indian Sikh pilgrims to the Gurdwara Darbar Sahib in Kartarpur, Pakistan, which is a significant religious site for Sikhs as it marks the final resting place of Guru Nanak Dev, the founder of Sikhism, and first of the 10th Sikh gurus.
- The original agreement was signed on October 24, 2019.
- The extension of the Kartarpur Corridor agreement was announced on October 22, 2024.
Key Points:
i.Despite the renewal, India has reiterated its request for Pakistan to waive the USD 20 (Rs 1682) service charge imposed on each pilgrim. Pakistan maintains this fee is necessary to cover the costs associated with maintaining the corridor and facilities.
ii.The Kartarpur Corridor is approximately 4 kilometers long and connects the Gurdwara Darbar Sahib in Narowal, Pakistan, with the Dera Baba Nanak shrine in Gurdaspur district, India.
- It is located on the east bank of the Ravi River in India, around 1 km from the Indo-Pakistan border.
iii.It was inaugurated in November 2019 as part of celebrations for Guru Nanak Dev’s 550th birth anniversary.
iv.The establishment of this corridor was seen as a Confidence Building Measure (CBM) aimed at improving relations between India and Pakistan amidst ongoing tensions.
About Pakistan:
Prime Minister– Shehbaz Sharif
Capital– Islamabad
Currency– Pakistani Rupee
UNESCO Report: India Spends 4.1-4.6% of its GDP on Education between 2015 and 2024
According to the latest series of report released by United Nations Educational, Scientific and Cultural Organisation (UNESCO) Institute for Statistics (UIS) on World Educations Statistics, 2024, India has spent nearly 4.1-4.6% of its Gross Domestic Product (GDP) on education between 2015 and 2024.
i.As per the report, India’s government expenditure on education has fluctuated between 13.5% and 17.2% during the period between 2015 and 2024.
ii.The report highlighted that globally, the world average of public expenditure on education has witnessed decline since 2010 i.e. from 13.2% (in 2010) to 12.5% (in 2020), especially after the COVID-19 pandemic.
About UNESCO Institute for Statistics (UIS):
It is the statistical office of UNESCO and trusted source of internationally-comparable data on education, science, culture and communication.
Director- Dr. Silvia Montoya
Headquarters- Montreal, Quebec
Established- 1999
>> Read Full News
BANKING & FINANCE
ADB Approves USD 434 Million Loan for Solar Energy Expansion in Assam
The Asian Development Bank (ADB) has approved a substantial loan of USD 434.25 million (around Rs 3600 cr) to boost the renewable energy sector in Assam.
- This funding will go towards the establishment of a 500 Megawatt(MW) solar photovoltaic (PV) plant in Karbi Anglong district of Assam, marking a major step toward meeting the state’s renewable energy (RE) target of 3,000 MW by 2030.
- The loan and technical assistance are intended to catalyze Assam’s shift towards renewable energy, reinforcing both energy security and environmental responsibility in the state.
Key Points:
i.The project incorporates a Battery Energy Storage System (BESS) to ensure a stable and reliable energy supply. This system will help manage peak power demand and maintain grid stability.
- The BESS will be developed as part of a joint venture (JV) between Assam Power Distribution Company Limited (APDCL) and Oil and Natural Gas Corporation (ONGC) Tripura Power company Limited (OTPC), ensuring efficient energy management and control over power requirements.
ii.Beyond infrastructure, ADB’s involvement extends to fostering private sector participation by strengthening Assam’s public-private partnership (PPP) framework.
- The project plans also include a future expansion, with a 250 MW solar PV facility in Karbi Anglong district of Assam to be developed under a PPP agreement.
- This approach aims to encourage sustainable growth in Assam’s renewable energy sector and to reduce reliance on fossil fuels.
iii.To improve electricity distribution, traditional overhead power lines around the solar facility will be replaced with aerial covered conductor cables.
iv.Additionally, new transformers will be installed to enhance power delivery across the region, especially benefiting rural and remote areas.
v.ADB is also offering an additional USD 1 million in technical assistance through its Clean Energy Fund under the Clean Energy Financing Partnership Facility.
About Asian Development Bank (ADB):
President- Masatsugu Asakawa (Japan)
Headquarters – Manila, the Philippines
Members– 69
Established – 1966
About Assam:
Capital – Dispur
Chief Minister (CM)-Himanta Biswa Sarma
Governor– Lakshman Prasad Acharya
National Parks (NP)-Kaziranga NP, Manas NP
Canara HSBC Life Insurance unveils ‘Promise4Future’ combining life Protection & Wealth Creation
Gurgaon(Haryana) based Canara HSBC Life Insurance Company Limited has announced the launch of ‘Promise4Future’, a non-linked, participating plan that provides policyholders with a combination of life protection and savings.
- Promise4Future is a Unit Linked Individual Savings Life Insurance Plan, provides the dual benefit of long-term protection and the opportunity to benefit from the returns generated in the participating fund of the company.
- This also offers a range of valuable benefits, including flexible premium payments, high-premium boosters, and the option for partial or full withdrawals under deferred survival benefits.
The plan is being offered in two variants: Savings4Future and Income4Future.
i.Savings4Future will enable the policyholder to grow their savings while staying protected at every stage of life. In the unfortunate event of death, the nominee will receive the higher of the sum assured on death and any bonuses, or 105% of premiums paid.
ii.Income4Future will enable a steady income stream, and a lump-sum benefit to meet interim financial needs of the policyholder. If the policyholder passes away, the nominee will receive the sum assured on maturity along with any bonuses.
ECONOMY & BUSINESS
NTPC & IA Join Hands for Round-the-Clock Power Supply using Green Hydrogen
New Delhi(Delhi) based National Thermal Power Corporation Limited (NTPC) has partnered with the Indian Army (IA) to establish a Solar Hydrogen-based Microgrid at Chushul in the Leh district of the Union Territory (UT) of Ladakh.
- Union Minister Rajnath Singh, Ministry of Defence (MoD) virtually inaugurated the project in the presence of senior officials from the Ministry of Defence (MoD), the IA, and NTPC in attendance.
- This project aims to provide a round-the-clock, stable power supply using green hydrogen technology for off-grid Army locations.
Key Features:
i.The Solar Hydrogen Microgrid, developed by NTPC, will operate independently, supplying 200 kilowatts (kW) of power throughout the year, replacing existing diesel generators in off-grid Army locations.
ii.Designed to function in extreme winter conditions with temperatures as low as -30°C and at an altitude of 4,400 meters(m), the microgrid will ensure energy security for soldiers stationed in challenging terrains.
iii.NTPC will maintain the project for 25 years, ensuring a consistent and reliable power supply in strategically significant areas.
Key Benefits:
i.The microgrid leverages solar energy and hydrogen for sustainable energy generation, reducing carbon emissions and contributing to a cleaner energy ecosystem.
ii.The system combines battery storage with hydrogen’s long-term energy storage capabilities, ensuring a stable power supply even in remote areas with limited accessibility.
iii.The microgrid is scalable and suitable for various applications beyond the defence sector, highlighting its potential for widespread adoption.
iv.Ladakh’s high solar irradiance and cold temperatures provide an ideal environment for efficient green hydrogen production, reducing reliance on diesel fuel logistics.
Note: NTPC aims to achieve 60 gigawatts (GW) of Renewable Energy (RE) capacity by 2032.
About National Thermal Power Corporation Limited (NTPC):
Chairman and Managing Director (CMD)- Gurdeep Singh
Headquarters– New Delhi, Delhi
Established -1975
About Union Territory (UT) of Ladakh:
Lieutenant (Lt.) Governor– Brigadier B.D Mishra (Retired)
Wildlife Sanctuary– Karakoram Wildlife Sanctuary, Changthang Wildlife Sanctuary
Airport- Kushok Bakula Rimpochee Airport
MOIL signed a draft JV agreement with MP State Mining Corporation
Nagpur(Maharashtra) based MOIL Limited (formerly known as Manganese Ore (India) Limited), has entered into a draft Joint Venture (JV) agreement with Madhya Pradesh State Mining Corporation Limited (MPSMCL) during the Madhya Pradesh Mining Conclave 2024 held in Bhopal, Madhya Pradesh(MP).
- This partnership aims to advance manganese ore mining and undertake value-addition projects in MP.
i.As per the agreement, a JV will be formed with a shareholding of 51% of MOIL and 49% of MPSMCL.
ii.This partnership is expected to harness the rich manganese ore reserves in MP, driving economic growth and creating numerous employment opportunities in the region, aligning with the vision of Atma Nirbhar Bharat.
Note:
i.MOIL, established in 1896, is a Miniratna Public Sector Undertaking (PSU), under the Ministry of Steel(MoS).
ii.MPSMCL, established in 1962, works under the Madhya Pradesh State Mineral Resource Department.
SCIENCE & TECHNOLOGY
China Launched three Tianping-3 Satellite into Orbit
On 22nd October 2024, China successfully launched three Tianping-3 satellites from the Taiyuan Satellite Launch Center in Shanxi Province using a Long March-6 carrier rocket and placed the satellite into its designated orbit.
- The launched three satellites are Tianping-3A (01), B (01), and B (02) satellites.
- The mission marked the 13th launch of the Long March 6 model and China’s 50th space launch this year. It also marks the 541st flight mission of the Long March carrier rocket series.
i.The satellite will primarily be utilized for calibrating ground radar equipment and measuring radar cross sections.
ii.The satellite will support imaging tests for ground optical equipment and conduct detection and monitoring tests of the low-orbit space environment, along with providing services for atmospheric space environment surveys and corrections to orbit prediction models.
SPORTS
Rani Rampal, Padma Shri Awardee & former Indian Women’s Hockey Team Captain announced Retirement 
Former India women’s Hockey team captain and Padma Shri Awardee Rani Rampal (29 years old) announced her retirement from hockey.
Note: Hockey India honoured Rani Rampal’s remarkable contributions by retiring her iconic No.28 jersey.
About Rani Rampal:
i.Rani Rampal, hailing from Haryana, made her international debut in 2008. She scored 205 goals in her 254 outings for India.
ii.She was a part of the Indian women’s hockey team that achieved the milestone of qualifying for back-to-back Olympic Games for the first time in history.
iii.Rani was named the “Best Young Player of the Tournament” at the 2010 Women’s Hockey World Cup and the “Player of the Tournament” at the 2013 Junior World Cup, where India won its first-ever bronze medal in the event.
- She also part of Asia Cup 2009 – Silver, 2017 Asia Cup – Gold
iv.She captained the Indian women’s hockey team during the 2018 Asian Games and won a silver medal.
v.She also led the Team India to the historic fourth-place finish at Tokyo Olympics 2020.
Awards:
i.Government of India honoured her with the Padma Shri Award for sports in 2020 and Rajiv Gandhi Khel Ratna Award (now Major Dhyan Chand Khel Ratna Award) in 2020.
ii.She also received the Arjuna Award in 2016 and World Games Athlete of the Year in 2019.
Recognition:
The Indian Railways’ Modern Coach Factory Stadium in Raebareli, Uttar Pradesh was renamed Rani’s Girls Hockey Turf.
Additional info:
She will serve as a mentor and coach with the Soorma Hockey Club of Punjab and Haryana, ahead of the inaugural women’s Hockey India League (HIL)
IMPORTANT DAYS
National Unity Day (Rashtriya Ekta Diwas) 2024 – October 31
National Unity Day, or Rashtriya Ekta Diwas, is celebrated every year across India on October 31 to honor the birth anniversary of Sardar Vallabhbhai Patel, known as the “Iron Man of India”, who earned the title “Sardar” for his exceptional leadership.
- He was the first Deputy Prime Minister(PM) and the Home Minister of Independent India from 1947 to 1950.
- 31 October 2024 marks the 149th birth anniversary of Sardar Vallabhbhai Patel.
Background:
i.In 2014, the Government of India (GoI), under Prime Minister Narendra Modi, announced the observance of Sardar Vallabhbhai Patel’s birth anniversary as National Unity Day, or Rashtriya Ekta Diwas, to honor his contributions to unifying the nation
ii.The first National Unity Day was observed on 31 October 2014.
About Sardar Vallabhbhai Patel:
i.Sardar Vallabhbhai Patel was born on October 31, 1875, in Nadiad, Gujarat and he was a lawyer by profession.
ii.In 1931, he was elected as the President of the Indian Nation Congress (INC) at its Karachi Session.
iii.On 15 August 1947, he took oath as the first Deputy Prime Minister, as well as the first Home Minister of independent India in the newly formed government under PM Jawaharlal Nehru.
iv.He also took charge as India’s first Minister of Information and Broadcasting. He died on December 15, 1950, at Birla House in Bombay (now Mumbai) Maharashtra.
v.He played an integral role in the formation of the All India Services system. Hence, he is also remembered as the “patron saint of India’s civil servants”
2024 Event:
Run for unity
i.The ‘Run for Unity 2024’ was held this year on October 29, marking an early celebration of Rashtriya Ekta Diwas due to coinciding with the festival of Deepawali.
ii.It is a national expression of commitment toward unity, fitness, and development, building on the legacy Patel laid for a united India.
International Day For Biosphere Reserve 2024 – November 3
The United Nations Educational, Scientific and Cultural Organization(UNESCO)’s International Day for Biosphere Reserves(BR) or World Biosphere Reserve Day is annually celebrated on 3rd November to create awareness about the significance of BR and to promote their conservation and sustainable use.
- The day provides a platform to safeguard the delicate balance between humans and the environment.
- 3rd November 2024 marks the observance of the 3rd International Day for BR.
Background:
i.The 41st session of the UNESCO General Conference adopted the resolution (41 C/37) and proclaimed the 3rd November of every year as the International Day for Biosphere Reserves in 2021.
ii.The first-ever International Day for Biosphere Reserves was observed on 3rd November 2022.
About United Nations Educational, Scientific and Cultural Organization (UNESCO):
Director-General(DG) – Audrey Azoulay
Headquarters – Paris, France
Founded – 1945
>> Read Full News
STATE NEWS
Chhattisgarh launches ‘Sugam App’ for Online Property Registration and Curbing Frauds
Government of Chhattisgarh, has launched ‘Sugam (Convenient) App’, aimed at streamlining the online property registration process.
- The app provides a simple and intuitive interface for users to register their properties online, making the process more accessible for citizens, especially in rural areas.
Objectives:
i.To minimize instances of fraud in property transactions.
ii.To reduce human intervention and potential malpractices by digitizing the registration process
Key Points:
i.The launch of this app eliminates the need for middlemen in property registration, allowing users to register land or homes from home.
ii.Users can upload photos of the site from three angles, along with latitude-longitude details and required documents.
iii.A registration officer will verify the site within 15 days, with payments made via net banking or POS (Point-of-Sale).
iv.Sugam App integrates with existing land records and revenue databases, facilitating seamless access to vital information for both citizens and officials.
v.Users will receive real-time notifications regarding their application status, ensuring transparency throughout the registration process. This feature helps applicants track their submissions without needing to visit government offices repeatedly.
About Chhattisgarh:
Governor– Ramen Deka
Chief Minister (CM)– Bhupesh Baghel
Zoological Parks– Nandanvan Jungle Safari (Naya Raipur), Maitri Baag Zoological Park
AP Gov launched ‘Deepam 2.0‘ Scheme as Diwali Gift for Women
Andhra Pradesh (AP) Chief Minister (CM) Chandrababu Naidu launched the ‘Deepam 2.0’ scheme as a Diwali gift in Edupuram, AP. This initiative will provide 3 free Liquefied Petroleum Gas (LPG) cylinders per year to an eligible women from 31st October 2024.
i.Deepam (light) scheme is one of the “super six” poll promises made by the Telugu Desam Party (TDP) ahead of the 2024 elections.
ii.The AP government will provide 3 gas cylinders free of cost to eligible beneficiaries at the rate of one in four months.
- While the 1st cylinder can be applied for before 31st March 2025, the 2nd cylinder can be booked from 1st April to 31st July, 2025 and the 3rd cylinder from 1st August to 30th November 2025.
iii.The ‘Deepam’ scheme will cost the state government Rs 2,684 crore annually, amounting to Rs 13,423 crore over the next 5 years.
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