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Road Transport & Highways minister Shri Nitin Gadkari inaugurated conference on ‘One Nation One Tag – FASTag’ in New Delhi
On October 14, 2019, the union minister of Road Transport & Highways and Micro, Small and Medium Enterprises, Shri Nitin Gadkari inaugurated conference on ‘One Nation One Tag – FASTag’ in New Delhi for rolling out the usage of a unified electronic system in the country.
- Several states/authorities signed a Memorandum of Understanding(MoU) with IHMCL for FASTag intergration in the state, as toll collection will be mandatorily done through FASTags effective from December 31, 2019 onwards.
- IHMCL and Goods & Services Tax Network (GSTN) signed MoU E-way bill system integration with Fastag to overcome track and trace mechanism for GST E-Way Bill (EWB) System.
- FASTag is an electronic toll collection system in India, operated by the National Highway Authority of India (NHAI). It uses Radio Frequency Identification (RFID) technology to make toll payments directly from the prepaid or savings account linked to it or directly to toll owner.
- My FASTag mobile App and NHAI Prepaid Wallet was also launched during the event………………………..Click here to Read more
Overview of 5 day visit of Vice President M. Venkaiah Naidu to Comoros and Sierra Leone
Vice President of India, Mr M. Venkaiah Naidu held a 5 day tour to Comoros and Sierra Leone (African countries) from October 10-14, 2019. It was the first-ever visit by a high-level Indian dignitary to Comoros, an archipelago situated off the Southeast coast of Africa and to Sierra Leone.
i. India assured Comoros to give line of credit (LoC) of USD 41.6 mn for setting up an 18MW power plant in Moroni and a vocational training centre.
ii. India signed 6 MoUs each with Comoros and Sierra Leone…………………Click here to Read more
UNICEF released a report titled “The State of the World’s Children 2019: Children, food and nutrition- Growing well in a changing world”
On October 15, 2019, The United Nations Children’s Fund (UNICEF) released a report titled “The State of the World’s Children (SOWC) 2019: Children, food and nutrition- Growing well in a changing world”. It was for the first time in 20 years, it evaluated the issue of children, food and nutrition.
i. At least 1 in 3 children under 5 or over 200 million are either undernourished or overweight.
ii. Almost 2 in 3 children between 6 months and 2 years of age are not fed food…………………..Click here to Read more
Mumbai ranks 12th, Delhi 22nd in the New World Wealth’s wealthiest city worldwide 2019 list, New York City tops the list
On October 10, 2019, Wealth intelligence firm New World Wealth (NWW) released its report on the wealthiest city worldwide 2019. Among Indian cities, Mumbai was the only city to be placed in the top 20 list at 12th rank followed by Delhi at 22nd rank, Bangalore at 26th Rank, and Hyderabad at 28th rank. The list was topped by America’s New York City (NYC).Key points
i. Wealth report: The total wealth of NYC stands at 3 trillion USD(United States Dollar) with 65 billionaires and 3,80,000 millionaires in the city.NYC is also home to two largest stock exchanges in the world. Mumbai’s total wealth is 0.96 trillion USD and is also the 10th largest stock exchange in the world.
ii. Cities to watch category: Delhi, Bengaluru, Hyderabad have been placed under ‘Cities to watch’ category and are expected to grow strongly over the next 10 years.
|1||New York City||United States of America(USA)|
|3||San Francisco Bay Arena||USA|
♦ NWW specializes in ratings, surveys, country reports and wealth statistics and also provides management services.
♦ Headquarters- Johannesburg, South Africa.
BANKING & FINANCE
Reserve Bank to operationalise unified DoS/DoR, effective from November 1, 2019
In order to strengthen its oversight of commercial banks, urban co-operative banks (UCBs) and non-banking financial companies (NBFCs), the country’s central bank, Reserve Bank of India (RBI) has decided to operationalise unified Department of Supervision (DoS) & Department of Regulation (DoR) with effect from November 1, 2019.
i. Issues: The decision comes after various scams and defaults affecting the financial system in the last couple of years, including the Rs. 12,600-crore fraudulent letter of undertaking (LoU)scam at Punjab National Bank(PNB) and debt default by IL&FS (Infrastructure Leasing & Financial Services Limited) and its subsidiaries.
ii. Formation: DoS will be formed by integrating all supervisory departments (department of banking supervision, department of co-operative banking supervision, and department of non-banking supervision into one department) & DoR is being established by merging all regulatory departments (department of banking regulation, department of co-operative banking regulation, and department of non-banking regulation into one department).
iii. Functions: The core function of Supervisory would be on effective discovery of systemic risks, understanding linkages, and better off-site monitoring through new-age technology. while regulatory looks after the functions including licensing, branch expansion and maintenance of statutory reserves and management and methods of operations.
iv. Allocation of staff: staff of the current supervisory and regulatory departments will form the sanctioned strength of the new departments. The new staff of DoS and DoR departments will continue in their existing capacity on an ‘as-is-where-is’ basis.
♦ Formation: 1 April 1935
♦ Headquarters: Mumbai, Maharashtra
♦ Governor: Shaktikanta Das
BUSINESS & ECONOMY
Air India becomes world’s first airline to bring taxibot technology on A320 aircraft
On October 15, 2019, Air India has become the first airline in the world to use taxibot on an A320 aircraft with passengers onboard at Indira Gandhi International Airport ,New Delhi. The taxibot is a pilot-controlled semi-robotic aircraft tractor, bringing the aircraft from the parking bay to the runway and vice versa.Key points:
i.The engine of the aircraft remains shut while using the taxibot, which saves fuel & also reduces carbon emissions. The engine is switched on only when the aircraft reaches the runway. Taxibots will only be used for departing flights. Its use will reduce fuel consumption by 85% compared to bringing the aircraft engine on.
ii. Air India CMD (Chairman and Managing Director) started the use of a taxibot for commercial flight with the departure of AI665 flight, which was carried to runway using Taxibot at terminal 3 of the Delhi airport – to Mumbai.
About Air India:
♦ Headquarters: New Delhi
♦ Slogan :Air India, Truly Indian
♦ CMD: Ashwani Lohani
AWARDS & RECOGNITIONS
Margaret Atwood and Bernardine Evaristo jointly receive 2019 Booker Prize
On October 14, 2019, Canada’s Margaret Atwood (79) for her novel ‘The Testament’ and Britain’s Bernardine Everisto (60) for ‘Girl, Woman, Other’, have been jointly chosen as the winner of 2019 Booker Prize. Bernardine is the 1st black woman to receive this award in the 50-year history of the Booker Prize. At the same time, 79-year-old Atwood is the oldest winner of this award. Both the authors to split the GBP pound (sterling) 50,000 at a gala ceremony at the Guildhall in London, England.Key points:
i. According to Booker Prize rules, the award cannot be shared, but the 5-member judges headed by Peter Florence, broke the rules & announced the names of the joint winners. The last joint winners were announced in 1992.
ii. British Indian novelist Salman Rushdie’s tragicomic ‘Quichotte’ was among the six books shortlisted (including ‘Ducks, Newburyport’, ‘An Orchestra of Minorities’, and ’10 Minutes 38 Seconds in this Strange World’) for the prize.
iii. 2018 winner was Northern Irish writer Anna Burns for Milkman.
Booker Prize for Fiction:
Formerly known as Man Booker Prize (2002–2019),it is a literary prize awarded each year for the best original novel written in the English language and published in the United Kingdom (UK) or Ireland.
Kerala’s nun Mariam thresia receives the title of ‘Saint’, 93 years after her death
On October 13, 2019, Indian nun Mariam Thresia Mankidiyan of Kerala and four others (English Cardinal John Henry Newman, Swiss laywoman Marguerite Bays, Brazilian Sister Dulce Lopes and Italian Sister Giuseppina Vannini ) declared Saints by Pope Francis (head of the Catholic Church) at a grand ceremony at the Vatican City, a city-state surrounded by Rome, Italy. The title was conferred on Thresia 93 years after her death.
i. The methodical process of becoming a saint takes place in four distinct stages- the servant of God, the venerable, the blessed and the saint.
ii. Born in Thrissur, Kerala on 26 April 1876, Sister Thresia died on 8 June 1926 at the age of 50. She was declared ‘Blessed’ by Pope St. John Paul II on 9 April 2000. Thresia has tirelessly strived for the education and empowerment of girls in Kerala.
iii. She founded the ‘Congregation of the Sisters of the Holy Family’ in Thrissur in May 1914. Prime Minister Narendra Modi had mentioned Sister Maryam Thrasia in his ‘Mann Ki Baat’ program on 29 September, 2019 as it is a matter of pride that she will be given the title of ‘Saint.
4 heritage landmarks of India won UNESCO Asia-Pacific Awards for Cultural Heritage Conservation 2019 held in Penang, Malaysia
On October 14, 2019, Four heritage landmarks from India were chosen for the UNESCO (United Nations Educational, Scientific and Cultural Organization) Asia-Pacific Awards for Cultural Heritage Conservation 2019. The awards were announced at a ceremony held in Penang, Malaysia. Renewal of Tai Kwun – Centre for Heritage and Arts in Hong Kong received the Award of Excellence, which is the highest award among all categories. The 4 sites are as follows:
|Heritage landmark||Place||Award category|
|Vikram Sarabhai Library from
Indian Institute of Management (IIM)
|Ahmedabad||Award of Distinction|
|Keneseth Eliyahoo Synagogue||Mumbai||Award of Merit|
|Our Lady of Glory Church||Mumbai||Award of Merit|
|Flora Fountain||Mumbai||Honourable mention|
i. 1 site from Ahmedabad and 3 from Mumbai inclusive of its 155-year-old Flora Fountain in the honourable mention were chosen for the award.
ii. Mumbai based architect Vikas Dilawari was the main consultant for the Flora Fountain restoration project after which it was opened to the public in 2019.
iii. 16 projects from five countries namely Australia, Bhutan, China, India, and New Zealand were selected by the international Jury of conservation experts for the award.
About UNESCO Awards for Cultural Heritage Conservation
The year 2019 marked the 20th year of UNESCO Awards for Cultural Heritage Conservation conceived in Penang, Malaysia during UNESCO’s landmark ‘Economics of Heritage’ regional conference held in 1999.
During the award ceremony, UNESCO also co-organised Asia-Pacific Heritage 20/20 Forum and 2019 Awards Ceremony with Think City in Penang.
♦ Founded- 16 November 1945.
♦ Headquarters- Paris, France.
♦ Head- Audrey Azoulay.
APPOINTMENTS & RESIGNS
Kais Saied elected as the new president of Tunisia
On October 13, 2019, independent candidate Kais Saied (61) won the 2019 presidential election and thus became the 6th President of Tunisia. He succeeds Mohamed Ennaceur (5th president).Key points
i. Kais Saied, the former law professor secured 73% votes in the election.
♦ It is a North African country bordering the Mediterranean Sea and the Sahara Desert
♦ Capital- Tunis.
♦ Currency- Tunisian dinar.
IFS officer Kishan dan dewal concurrently accredited as the next Ambassador of India to Georgia
On October 11, 2019, As per the Ministry of External Affairs (MEA), Government of India (GoI), Shri Kishan Dan Dewal (Indian Foreign Service –IFS officer of 2003 batch), has been concurrently accredited as the next Ambassador of India to Georgia, with residence in Yerevan. He succeeds Shri Yogeshwar Sangwan. Dewal is presently serving as Ambassador of India to the Republic of Armenia.
♦ Capital: Tbilisi
♦ Currency: Georgian lari
♦ President :Salome Zurabishvili
♦ Prime Minister :Giorgi Gakharia
Typhoon Hagibis strikes northern Japan
The Typhoon Hagibis, the worst typhoon to hit Japan, since Ida in 1958, left many died and missing further cancellation of three Rugby World cup matches. The Indian Navy has deployed INS (Indian Naval Ship) Sahyadri and INS Kiltan to render assistance to Japan.
i. The typhoon battered eight prefectures across Japan with wind speeds upto 225 km/hr. It is also termed as “nineteenth” and was the ninth typhoon of the 2019 Pacific typhoon season. It developed from a tropical wave from Marshall Islands.
♦ Currency:Japanese yen
Mercedes’s Valtteri Bottas won 2019 Japanese Grand Prix, Mercedes clinched its record constructors’ title
On October 13, 2019 German automobile maker Mercedes’ Valtteri Bottas (Finland) won the 2019 Japanese Grand Prix (formally known as the Formula 1 Japanese Grand Prix 2019) held at the Suzuka International Racing Course in Suzuka in Mie Prefecture, Japan. With this, Mercedes won sixth consecutive Formula One(F1) constructors’ championship title.Key points
i. Ferrari’s Sebastian Vettel (Germany) and Mercedes’ Lewis Hamilton (Britain) were ranked at the second and third places respectively.
ii. Mercedes has now equaled Ferrari, who won six constructors’ titles between 1999-2004.
Bahrain International Series 2019 held in Isa Town, Bahrain
Badminton World Federation’s (BWF) Bahrain International Series 2019 was held at Shaikh Khalifa Sports City, Isa Town in Bahrain from October 9-13, 2019. It was organized by Bahrain Badminton and Squash Federation (BBSF) and sanctioned by Badminton World Federation (BWF) Badminton Asia. The total prize money of the tournament was $10,000.
List of Indian Winners:
|Men’s Singles||Priyanshu Rajawat (India)||Jason Antho Ho-Shue (Canada)|
|Women’s Singles||Sri Fatmawati (Indonesia)||Ira Sharma (India)|
|Men’s Doubles||Prad Tangsrirapeephan & Apichasit Teerawiwat (Thailand)||Rohan Kapoor & Saurabh Sharma (India)|
|Mixed Doubles||Juhi Dewangan & Venkat Gaurav Prasad (India)||Pannawat Theerapanitnun & Kanyanat Sudchoeichom (Thailand)|
♦ Formation: 1934
♦ Headquarters: Kuala Lumpur, Malaysia
♦ President: Poul-Erik Høyer
New Zealand’s Amy Satterthwaite tops ICC Women’s ODI Batting Rankings 2019; India’s Smriti Mandhana ranked 2nd
In the latest 2019 International Cricket Council (ICC) women’s rankings for ODI (One Day International) match, Amy Satterthwaite (33) of New Zealand clinched the top spot in Batting rankings with 759 points. India’s Smriti Mandhana settled down at the second spot with 755 points.
|Rank||Batting Rankings||Bowling Rankings||All-Rounder Rankings||Team Rankings|
|1||Amy Satterthwaite (New Zealand)||Jess Jonassen (Australia)||Ellyse Perry (Australia)||Australia|
|2||Smriti Mandhana (India)||Megan Schutt (Australia)||Marizanne Kapp (South Africa)||India|
|3||Alyssa Healy (Australia)||Sana Mir (Pakistan)||Deepti Sharma (India)||England|
♦ Motto: Cricket for good
♦ Headquarters: Dubai, United Arab Emirates
♦ Chairman: Shashank Manohar
♦ CEO: Manu Sawhney
World Student’s Day observed on October 15, 2019
World Student’s Day is observed annually on October 15 by the United Nations (UN) declaration in 2010. The day is celebrated commemorating the birth anniversary of former President (11th president) of India Shri Dr. APJ Abdul Kalam who wished to be identified as a teacher and then as anything else. Key points
i. This year, 2019, marks the 88th birth anniversary of Shri Avul Pakir Jainulabdeen Abdul Kalam, who was also known as the “Missile Man of India” for his work Pokhran-II nuclear tests in 1998, development of ballistic missile and launch vehicle technology.
About Abdul Kalam:
♦ Born: 15 October 1931, Rameshwaram, TamilNadu.
♦ Full name: AvulPakirJainulabdeen Abdul Kalam.
♦ He also served as a scientist in Defence Research and Development Organisation(DRDO) and Indian Space Research Organisation(ISRO).
♦ He passed away at the age of 83 on 27 July 2015, due to cardiac arrest while delivering a lecture at the Indian Institute of Management (IIM) Shillong.
International Day of Rural Women observed on October 15, 2019
The International Day of Rural Women by the United Nations(UN) is observed annually on October 15 established by the UN General Assembly under the resolution (A/RES/62/136) adopted on 18 December 2007. It was first observed on 15 October 2008. The theme for the year 2019 is “Rural Women and girls building climate resilience”. This day recognizes the critical role of rural women in enhancing agriculture and rural development, improving food security and eradicating rural poverty. Key points
i. On this day, the UN Women, along with the UN community, drew attention to implement commitments to gender equality by climate change, actions to support the capacities of rural women and girls in response to climate change through agricultural production, natural resources management etc.
ii. According to a report by UN, 1/3rd of employed women work in agriculture globally. These women collect biomass fuels, manually process foodstuffs, and pump water. 80% of households without piped water rely on women and girls for water collection.
Bride gets Rs 51,000 as per a Madhya Pradesh govt’s scheme ”Mukhya Mantri Kanya Vivah / Nikah Yojna”
On October 11, 2019, Under the Madhya Pradesh government’s scheme ‘Mukhya Mantri Kanya Vivah/Nikah Yojna’, brides from economically backward sections of the state are eligible to receive Rs 51,000 if they prove that the groom’s house has a toilet before the wedding. The government has made it compulsory for the groom to click a selfie while standing in the toilet in the groom’s residence in order to be eligible for the scheme.
i. This is done to ensure that every household has access to toilet facility.
CM YS Jaganmohan Reddy launched YSR Rythu Bharosa-PM Kisan Yojana in Kakturu village of Nellore district, Andhra Pradesh
On October 15, 2019, Chief Minister (CM) of Andhra Pradesh (AP) YS Jaganmohan Reddy of Yuvajana Sramika Rythu Congress Party (YSRCP) launched YSR Rythu Bharosa – PM Kisan Samman Yojana at Vikrama Simhapuri University in Kakturu village of Nellore district, AP to reduce the debts of the farmers by providing a sum of Rs 13,500 per annum in 3 installments in which the contribution of the State Government is Rs 7,500 and the Centre is Rs 6,000.Key Points:
i. The amount was increased to Rs 13,500 from Rs 12,500 and the state budget allocation for the scheme is Rs 5,500 crore.
ii. Scheduled Caste (SC), Scheduled Tribe (ST), Backward Classes (BC) and minority families, tenant farmers will get a total investment of Rs 67,500 for 5 years.
iii. Recently, it also launched ‘YSR Vahan Mitra’ scheme in which auto-rickshaw and cab owners will get Rs 10,000 per annum as financial assistance and YSR Kanti Velugu Scheme 2019 related to eye checkup.
Kanyashree University in Nadia district of West Bengal and its colleges across state will be opened to empower girls
For the empowerment of girls, the West Bengal state Government led by its Chief Minister (CM) Mamata Banerjee, will open Kanyashree University in Nadia district (only for women) & Kanyashree colleges across the state. In January 2019, the CM laid the foundation stone for the new university at Krishnanagar in Nadia district. Key points:
i. Kanyashree Prakalpa scheme: This scheme was launched by West Bengal on March 8, 2013. Since its introduction, the government has allocated a budget of Rs 7,000 crore for it so far. It aims to improve the level of girls of disadvantaged families of the society by conditional transfer of funds. It also ensures the schooling of girls and to stop their marriage before the age of 18 years. In this scheme, funds are transferred in two ways as follows,
- 13-18-year-old girls studying in class eight are given Rs 750 per year on the condition of remaining unmarried till they continue their studies.
- On completion of 18 years of age, the girls are given a sum of Rs.25,000 due to which the condition of attempting to study or employment while remaining unmarried is attached.
Beneficiaries: So far 60 million girls have been supported through this scheme.
Award: On June 2017 , United Nations (UN) honours Kanyashree scheme with a highest UN public service award.
About West Bengal:
♦ Capital: Kolkata
♦ Governor: Jagdeep Dhankhar
♦ National Park :Buxa National Park ,Gorumara National Park ,Neora Valley National Park, Singalila National Park .
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