Current Affairs September 02nd 2022| Current Affairs News

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CURRENT AFFAIRS: IMPORTANT DAYS

2nd September – World Coconut Day

• Every year on September 2, World Coconut Day is commemorated to raise awareness of the value of this crop in eradicating poverty.
• This day also honors the Asian Pacific Coconut Community’s founding day (APCC).

History

• This day was first celebrated in 2009 by the Asia Pacific Coconut Community.
• Since then, there has been no going back.
• Collaborating with UN-ESCAP (United Nations Economic and Social Commission for the Asia Pacific), APCC goes on to highlight its versatility and how it plays an important role in keeping us healthy.
• India also celebrates this day with great gusto.
• The Coconut Development Board promotes this in various states such as Kerala, Tamil Nadu, Karnataka, Goa, West Bengal, Andhra Pradesh, Odisha, etc.

CURRENT AFFAIRS: NATIONAL NEWS

Indian Railway installed ‘Meghdoot’ machines at Mumbai stations:

• Meghdoot machines have been installed by Indian Railways in Dadar, Thane, and other Mumbai Division stations.
• Innovative technology is used by the special “Meghdoot” devices to turn airborne water vapor into drinkable water.
• Maithri Aquatech Pvt Ltd. has been given the contract for installing 17 “MEGHDOOT” Atmospheric Water Generator Kiosks throughout the Mumbai Division of Central Railway for a term of 5 years under NINFRIS policy.
• Meghdoot machines are research-driven and it does not need to source water
• Maithri Aquatech’s MEGHDOOT – AWG uses innovative technology to convert water vapor in the air into fresh and clean drinking water”.
• The company has also collaborated with the CSIR-Indian Institute of Chemical Technology (IICT), Hyderabad, to produce the highest quality water.

Union Home Minister has inaugurated a 2-day National Security Strategies (NSS) Conference 2022 in New Delhi

• Home Minister Amit Shah inaugurated a two-day National Security Strategies (NSS) Conference 2022 in New Delhi.
• The Conference is being attended by 600 officers from across the country, physically and virtually.
• On the first day of the Conference, deliberations were held on various aspects of national security, including counter-terrorism, radicalization, issues about cryptocurrencies, counter-rogue drone technology, and challenges posed by Maoist outfits.
• The home minister also inaugurated the National Automated Fingerprint Identification System.
• This system will help in the quick and easy disposal of cases with the help of a centralized fingerprint database.

Govt sets target to eliminate Kala-azar by 2023 from country:

• The Government has set the target to eliminate Kala-azar by next year from the country.
• Minister of State for Health and Family Welfare Bharati Pravin Pawar said, out of 633 Kala-azar endemic blocks, 625 blocks have achieved the elimination target last year.
• World Health Organisation (WHO) Neglected Tropical Diseases Road map has the target set for Kala-azar elimination in 2030.
• The Government has taken several remedial steps for Kala-azar elimination.

CURRENT AFFAIRS: STATE NEWS

Delhi CM Arvind Kejriwal launches India’s First Virtual School

• Delhi Chief Minister Shri Arvind Kejriwal launched India’s first Delhi Model Virtual School (DMVS).
• The school will be affiliated with the Delhi Board of School Education formed in 2021.
• The platform was created by two globally recognized organizations, Google and Schoolnet India.

About DMVS :

• The virtual school will be helpful for students who cannot get enrolled in traditional schools and attend physical classes due to lack of time, familial responsibilities, long-distance traveling, or any other hindrance.
• The classes will be online and recorded lectures will also be uploaded online.
• The DMVS will be for classes 9-12 and also prepare students for competitive exams like Joint Entrance Examination (JEE), National Eligibility cum Entrance Test (NEET), and Common University Entrance Test (CUET).
• The application process for the 2022-23 academic session started and students can apply through dmvs.ac.in.
• Any child aged between 13 and 18 who has completed class 8 from any recognized school can apply for admission to class 9.

About Delhi :

• Chief minister: Arvind Kejriwal
• Capital: New Delhi

CM Shri Ashok Gehlot starts Rural Olympic Games in Rajasthan

• Rajasthan chief minister Shri Ashok Gehlot inaugurated a month-long Rajiv Gandhi Rural Olympic Games in Jodhpur, Rajasthan.
• The village Olympics is anticipated to see the participation of 44,000 villages throughout Rajasthan, with almost 30 lakh people across various age groups already registering themselves for the games.
• Out of the 30 lakh participants, 9 lakh are women.
• Games like volleyball, hockey, tennis ball cricket, and kho kho will be part of the events.
• The rural Olympics organized in 11,000-gram panchayats across Rajasthan is an outreach to the rural population, especially the rural youth.

Note :

• Rajasthan Sports Minister: Ashok Chandana
• Rajasthan state Sports Council Chairman: Krishna Poonia

About Rajasthan :

• Governor: Kalraj Mishra
• Chief minister: Ashok Gehlot
• Capital: Jaipur

Nagaland gets 2nd railway station after over 100 years

• Nagaland got its second railway station after a gap of more than 100 years with the commissioning of a new facility at Shokhuvi.
• Chief Minister Shri Neiphiu Rio flagged off the Donyi Polo Express from Shokhuvi Railway Station.
• The first railway station was set up at Dimapur Railway Station & it was inaugurated in 1903.

Key Highlights :

• The Donyi Polo Express runs daily between Guwahati in Assam and Naharlagun in Arunachal Pradesh.
• The train service has now been extended to Shokhuvi, a few kilometers from Dimapur.
• Shokhuvi Railway station is part of the Dimapur-Zubza Railway project.
• It is an alternative train route for Nagaland and Manipur passengers to Guwahati.
• The foundation stone for the 90-km-long broad gauge route from Dhansiri in Assam to Zubza in the Kohima district of Nagaland was laid in 2016, & work is underway.
• The deadline was extended from 2020 to 2024.

About Nagaland :

• Governor : Jagdish Mukhi
• Chief Minister : Neiphiu Rio
• Capital: Kohima

Alappuzha became 5th fully digital banking district in Kerala

• Alappuzha has become the 5th fully digital banking district in Kerala.
• The declaration was made by Reserve Bank of India (RBI) Kerala and Lakshadweep Regional Director Thomas Mathew
• The project was initiated by the RBI with the support of the State Level Bankers’ Committee (SLBC) & respective district administrations as part of the Union government’s Digital India project.
• Banking services in Thrissur (Aug 2021), Kottayam (Feb 2022), Palakkad, and Kasaragod have already become digital.

About Kerala :

• Governor: Arif Mohammad Khan
• Chief minister: Pinarayi Vijayan
• Capital: Thiruvananthapuram

Uttarakhand Education Department Launches ‘Samarth’ E-governance Portal

• Uttarakhand’s education department launched an e-governance portal “Samarth” which will provide all administrative and educational updates, including information on entrance examinations, salary structures, and appointments from 5 state universities and 140 public schools.
• In addition, to provide quality education to students, a teacher-sharing format that will connect multiple private and government schools across India will also be introduced soon.
• The portal also provides access to 40 academic study modules.
• 200 assistant professors of science subjects will be sent to the Indian Institute of Science (IIS) Bengaluru for special training, while state university teachers receive training in IIM Kashipur.
• The new education policy (NEP-2020) will be implemented in Uttarakhand from September 2022.

About Uttarakhand :

• Governor: Gurmit Singh
• Chief Minister: Pushkar Singh Dhami
• Capitals: Dehradun (Winter), Gairsain (Summer)

Telangana AI Mission’s 4 startups to represent India at G20 DIN

• The Telangana AI Mission (T-AIM) has revealed that 4 of its startups have been selected by the Ministry of Electronics and Information Technology (MeitY) to represent India at the G20 Digital Innovation Network (DIN).
• T-AIM is an initiative of the Government of Telangana, supported by the National Association of Software and Service Companies (NASSCOM). 
• 4 startups: Arficus, Edubuk, Eunimart, and MayaMD supported by the Revv Up program.
• Revv Up is a free-of-equity-or-cost acceleration program by T-AIM that is exclusively designed for early-stage AI startups.
• The program has been supporting 80 startups built on Artificial Intelligence (AI).

About  G-20 DIN :

• The G-20 DIN will be held from 2nd September-4th September 2022 at Bali International Convention Center, Bali, Indonesia.

Aim :

• To facilitate and advance meaningful collaboration between governments and businesses, such as; start-ups, venture capitals, and corporations in the digital ecosystem.

About Telangana :

• Governor: Tamilisai Soundararajan
• Chief Minister : K. Chandrashekar Rao
• Principal Secretary of Telangana, Jayesh Ranjan
• Capital: Hyderabad

J&K Police launches online mobile application ‘JK ECop’

• The Jammu and Kashmir (J&K) Police have launched the online mobile application “JK Ecop”, an easy-to-use interface to facilitate common people

About JK Ecop :

• The Mobile App enables the citizens to use a host of services ranging from registering a complaint to downloading a copy of the First Information Report (FIR).
• Through this Mobile App, the citizen can make requests like obtaining a character certificate, employee verification, event performance, or tenant or PG verification. 
• Details about missing persons and unidentified dead bodies etc can also be obtained through this portal.
• Other services regarding the traffic police are also available to the citizens & these services range from reporting a traffic violation to reporting an accident.
• Also, Information about the Highway status in the app will help the citizens to plan their travel.

About J&K :

• Lieutenant Governor: Manoj Sinha
• Capital: Srinagar, Jammu
• Director General of Police, J&K: Dilbag Singh

CURRENT AFFAIRS: BANKING & FINANCE

Maharashtra govt to take Rs 4000 cr loan from ADB to set up medical colleges in 12 districts

• The Maharashtra government would take a loan of 4,000 crore rupees from the Asian Development Bank (ADB) for setting up medical colleges in 12 districts of Maharashtra.
• There are 12 districts in the state without a single medical college.
• The 12 districts are Jalgaon, Satara, Alibaug, Sindhudurg, Usmanabad, Parbhani, Amravati, Ratnagiri, Gadhchiroli, Bhandara, Ambernath & Nashik Super Speciality hospital.
• The state government will soon complete the technical procedures to receive the funds.
• He directed that the medical education department should prepare a plan to set up a medical college and hospital in every district in the next two years. 

About Maharashtra :

• Governor: Bhagat Singh Koshyari
• Chief Minister: Eknath Shinde
• Capital: Mumbai

About ADB :

• Founded: 19 December 1966
• Headquarters: Manila, Philippines
• President : Masatsugu Asakawa
• Membership: 68 countries

RBI imposes a penalty on 8 cooperative banks

• The Reserve Bank of India (RBI) has imposed monetary penalties on eight cooperative banks for different violations, including non-adherence to exposure norms, income recognition, asset classification, and KYC norms.

List of 8 Banks :

1. Visakhapatnam Co-operative Bank Ltd, Visakhapatnam, Andhra Pradesh – ₹55 lakh (Highest Penalty)
2. Bharat Heavy Electricals Employees’ Co-operative Bank Ltd., Tiruchirappalli, Tamil Nadu – ₹10 lakh
3. Darussalam Co-operative Urban Bank, Hyderabad, Telangana – Rs 10 lakh
4. Nellore Co-operative Urban Bank Limited, Gandhi Nagar, Nellore District, Andhra Pradesh – Rs 10 lakh
5. Kakinada Co-operative Town Bank Ltd, Kakinada, East Godavari District, Andhra Pradesh – – Rs 10 lakh
6. Ottapalam Co-operative Urban Bank Ltd, Ottapalam, Palakkad District, Kerala – Rs 5 lakh
7. National Urban Co-operative Bank Limited, Pratapgarh, Uttar Pradesh – Rs 5 lakh
8. Kendrapara Urban Cooperative Bank, Kendrapara, Odisha – Rs 1 lakh

About RBI :

• Founded: 1 April 1935
• Headquarters: Mumbai, Maharashtra
• Governor: Shaktikanta Das

Deputy governors: Mahesh Kumar Jain, M. Rajeshwar Rao, Michael Patra, and T. Rabi Shankar

CURRENT AFFAIRS: BUSINESS NEWS

IndiGo joins the WEF’s sustainability initiative “Clear Skies for Tomorrow”:

• Clear Skies for Tomorrow: IndiGo, the country’s largest airline, announced that it has joined an environmentally friendly initiative run by the World Economic Forum (WEF).
• The IndiGo airline has signed on as a signatory to the Clear Skies for Tomorrow, India Coalition effort.
• The commitment of IndiGo to implementing sustainable measures would assist SAF (Sustainable Aviation Fuel) reach a critical mass and becoming cost-effective for widespread use in India.
• From Toulouse, France, to New Delhi, IndiGo flew its brand-new A320 neo aircraft using a 10% SAF mix.
• The industry has a real and proactive road to achieving carbon-neutral flying because of “Clean Skies for Tomorrow,” which was introduced in January 2019.

Reliance Industries to build the world’s largest carbon fiber plant:

• Mukesh Ambani, the chairman of Reliance Industries, revealed plans to build one of the biggest carbon fiber mills in the world in Hazira, Gujarat.
• Based on feedstock Acrylonitrile, the plants will have a capacity of 20,000 MTPA.
• Ambani Ambani announced an overall investment of Rs 75,000 crore over the next five years in the Oil to Chemical segment (O2C) to increase capabilities in both existing and new value chains.
• These value chains are the Polyester, Vinyl, and New Materials chains.
• The plant’s initial phase will be finished in 2025.
• To create carbon fiber composites, the company will further combine its composites business with carbon fiber.
• In addition to its many other uses, carbon fiber composites are employed to address the constantly expanding lightweight demands of the mobility and renewable energy industries.
• Ambani emphasized that Carbon Fibre so promises to be a multi-decade growth engine for O2C.
• Reliance has started on its path to becoming net carbon neutral by 2035 with several practical steps.

About Reliance Industries Limited (RIL):

• Founded: 8 May 1973
• Founder: Dhirubhai Ambani
• Headquarters: Mumbai, Maharashtra
• CMD: Mukesh Ambani
• Director: Nita Ambani

CURRENT AFFAIRS: MOUS AND AGREEMENT

ONGC inks agreement with ExxonMobil for deepwater exploration in India:

• Indian oil explorer and producer Oil and Natural Gas Corp signed a Heads of Agreement (HoA) with global petroleum giant ExxonMobil Corp for deepwater exploration in India’s East and West coasts.
• The Heads of Agreement document was signed in the Ministry of Petroleum & Natural Gas by Rajesh Kumar Srivastava, Director (Exploration), ONGC, and Monte K Dobson, CEO & Lead Country Manager, ExxonMobil India in the presence of Pankaj Jain, Secretary, Ministry of Petroleum & Natural Gas.
• The collaboration areas focus on the Krishna Godavari and Cauvery Basins in the eastern offshore and the Kutch-Mumbai region in the western offshore.
• There has been a scientific exchange of exploration data in the last few years, which has led to this partnership
• Collaboration between ONGC and ExxonMobil will be a strategic fit where ONGC’s knowledge and experience in these areas will be coupled with ExxonMobil’s global insights

CDRI and GoI signed the Headquarters Agreement (HQA) in New Delhi:

• In New Delhi, the Government of India (GoI) and the Coalition for Disaster Resilient Infrastructure (CDRI) signed the Headquarters Agreement (HQA), establishing CDRI as an “Independent and International Legal Entity.”
• The HQA is signed with CDRI to provide exemptions, immunities, and privileges in line with Section 3 of the United Nations (Privileges & Immunities) Act, 1947, which designates CDRI as an “International Organization.”
• It will provide CDRI with a legal identity that is independent and worldwide, enabling it to carry out its duties more successfully and effectively on a global basis.
• Amit Prothi, the director general of CDRI, and Noor Rahman Sheikh, the joint secretary of the ministry of external affairs, both signed the HQA.

CURRENT AFFAIRS: ACQUISITIONS & MERGERS

CCI approves merger of Aditya Marketing & Manufacturing into Umang Commercial

• The Competition Commission of India (CCI) approves the merger of Aditya Marketing and Manufacturing Private Limited into Umang Commercial Company Private Limited.
• Umang Commercial Company Private Limited (Acquirer) is a part of Aditya Birla Group, an Indian multinational conglomerate.
• The Acquirer is an investment holding company and holds shareholding in various entities on behalf of Mr. Kumar Mangalam Birla.
• The Acquirer is registered with the Reserve Bank of India (RBI) as a Non-banking Financial Company (NBFC)
• Aditya Marketing and Manufacturing Private Limited (Target) is a part of B K Birla Group, a diversified group having businesses in various industry sectors.
• The proposed combination involves the merger of Target into Acquirer by the Scheme of Amalgamation under Sections 230 and 232 of the Companies Act, 2013.
• The Acquirer group will acquire control over the below listed and unlisted entities:
• Padmavati Investment Private Limited
• Pilani Investment and Industries Corporation Limited
• Century Textiles and Industries Limited
• Century Enka Limited; and
• Ganesh Tubes and Services Private Limited.

About CCI :

• Established: 14 October 2003
• Headquarters: New Delhi, Delhi, India
• Chairman: Ashok Kumar Gupta
• Secretary : P K Singh
• CCI is the chief national competition regulator in India.

CURRENT AFFAIRS: APPOINTMENTS & RESIGNATIONS

Shri Nagesh Singh was appointed as the next Ambassador of India to the Kingdom of Thailand

• Shri Nagesh Singh has been appointed as the next Ambassador of India to the Kingdom of Thailand.
• He will replace the incumbent ambassador Shri Suchitra Durai.
• Bilateral relations between India & Thailand continued to strengthen during 2021, marked by cooperation at regional and sub-regional levels within the framework of ASEAN, Mekong Ganga Cooperation, and BIMSTEC as well as at other multilateral fora.

About Shri Nagesh Singh :

• Shri Nagesh Singh is a 1995 batch officer of the Indian Foreign Service (IFS) who has served as Consul General of India in
• Currently, he is working as a Joint Secretary in the Ministry of External Affairs.

About Thailand :

• Prime Minster: Prayut Chan-o-cha
• Capital: Bangkok
• Currency: Baht

Acefour Accessories appointed Jasprit Bumrah as brand ambassador for Uppercase

• The travel accessories company, Acefour Accessories, has appointed Indian cricketer Jasprit Bumrah as brand ambassador for its eco-friendly luggage brand “uppercase” for two years.
• Jasprit Bumrah, managed by rising Worldwide, a Reliance Industries Limited (RIL) initiative and India’s largest sports and entertainment company.
• He will lead the D2C brand’s ‘Never Ordinary’ campaign.

CURRENT AFFAIRS: BOOKS AND AUTHOR

The autobiography titled “The Hero of Tiger Hill” authored by Subedar Major Yadav

• The inspirational story of Subedar Major (Honorary Captain) Yogendra Singh Yadav (Retd), who was awarded the Youngest Param Vir Chakra (PVC) at the age of 19 for his deeds in the 1999 Kargil battle, is told in the book “The Hero of Tiger Hill: Autobiography of a Param Vir”.
• Srishti Publishers & Distributors is the publisher of this autobiography.
• The night of July 3, 1999, when Yadav, then 19 years old, was assigned a key assignment with the Ghatak Platoon of the 18 Grenadiers Regiment to conquer Tiger Hill, was the primary emphasis of the novel.

A book titled “Indian Banking in Retrospect – 75 years of Independence” by Dr. Ashutosh Raravikar:

• The Reserve Bank of India’s (RBI) Director of Economic & Policy Research, Ashutosh Raravikar, has written a new book titled “Indian Banking in Retrospect – 75 years of Independence.”
• Publisher Aswad Prakashan Private Limited is responsible for the book.
• The introduction to the book was written by Bibek Debroy, chairman of the Economic Advisory Council to the Prime Minister of India.
• The book focuses on several economic developments, including LPG (Liberalization, Privatization, and Globalization) reforms in 1991, the initial nationalization of banks in 1969, the licensing of new private sector banks after 1991, the establishment of Payment banks, Small Finance Banks (SFB), and the consolidation of Public Sector Banks (PSBs), among other things.
• Additionally, it discussed the impact of the Prime Minister’s Jan Dhan Yojana (PM JDY) on India’s banking sector and financial inclusion.

Daily CA on September 2:

• Every year on September 2, World Coconut Day is commemorated to raise awareness of the value of this crop in eradicating poverty.
• Meghdoot machines have been installed by Indian Railways in Dadar, Thane, and other Mumbai Division stations.
• The Government has set the target to eliminate Kala-azar by next year from the country.
• Home Minister Amit Shah inaugurated a two-day National Security Strategies (NSS) Conference 2022 in New Delhi.
• Clear Skies for Tomorrow: IndiGo, the country’s largest airline, announced that it has joined an environmentally friendly initiative run by the World Economic Forum (WEF).
• Mukesh Ambani, the chairman of Reliance Industries, revealed plans to build one of the biggest carbon fiber mills in the world in Hazira, Gujarat.
• Indian oil explorer and producer Oil and Natural Gas Corp signed a Heads of Agreement (HoA) with global petroleum giant ExxonMobil Corp for deepwater exploration in India’s East and West coasts.
• In New Delhi, the Government of India (GoI) and the Coalition for Disaster Resilient Infrastructure (CDRI) signed the Headquarters Agreement (HQA), establishing CDRI as an “Independent and International Legal Entity.”
• The inspirational story of Subedar Major (Honorary Captain) Yogendra Singh Yadav (Retd), who was awarded the Youngest Param Vir Chakra (PVC) at the age of 19 for his deeds in the 1999 Kargil battle, is told in the book “The Hero of Tiger Hill: Autobiography of a Param Vir”.
• The Reserve Bank of India’s (RBI) Director of Economic & Policy Research, Ashutosh Raravikar, has written a new book titled “Indian Banking in Retrospect – 75 years of Independence.”

• Delhi Chief Minister Shri Arvind Kejriwal launched India’s first Delhi Model Virtual School (DMVS).
• Rajasthan chief minister Shri Ashok Gehlot inaugurated a month-long Rajiv Gandhi Rural Olympic Games in Jodhpur, Rajasthan.
• Nagaland got its second railway station after a gap of more than 100 years with the commissioning of a new facility at Shokhuvi.
• Alappuzha has become the 5th fully digital banking district in Kerala.
• Uttarakhand’s education department launched an e-governance portal “Samarth” which will provide all administrative and educational updates, including information on entrance examinations, salary structures, and appointments from 5 state universities and 140 public schools.
• The Telangana AI Mission (T-AIM) has revealed that 4 of its startups have been selected by the Ministry of Electronics and Information Technology (MeitY) to represent India at the G20 Digital Innovation Network (DIN).
• The Jammu and Kashmir (J&K) Police have launched the online mobile application “JK Ecop”, an easy-to-use interface to facilitate common people
• The Maharashtra government would take a loan of 4,000 crore rupees from the Asian Development Bank (ADB) for setting up medical colleges in 12 districts of Maharashtra.
• The Reserve Bank of India (RBI) has imposed monetary penalties on eight cooperative banks for different violations, including non-adherence to exposure norms, income recognition, asset classification, and KYC norms.
• Umang Commercial Company Private Limited (Acquirer) is a part of Aditya Birla Group, an Indian multinational conglomerate.
• Shri Nagesh Singh has been appointed as the next Ambassador of India to the Kingdom of Thailand.
• The travel accessories company, Acefour Accessories, has appointed Indian cricketer Jasprit Bumrah as brand ambassador for its eco-friendly luggage brand “uppercase” for two years.