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CURRENT AFFAIRS: NATIONAL NEWS
Central govt female staff to get 60-day maternity leave in early child death:
- Female employees of the Central Government would receive special 60-day maternity leave.
- If a baby is lost before or during delivery, or if the child dies soon after birth, the leave will be given.
- The Department of Personnel and Training issued a directive about this.
- The choice was made in agreement with the Ministry of Personnel, Public Grievances, and Pensions.
- The Ministry of Personnel, Public Grievances, and Pensions claim that the choice was taken taking into account any potential emotional harm brought on by a stillbirth or the loss of a child soon after birth, which might have a significant impact on the mother’s life.
Nation’s first-ever “Night Sky Sanctuary” to be set up in Ladakh:
- According to Union Minister of Science and Technology Jitendra Singh, Hanle, Ladakh will soon become home to India’s first-ever “night sky sanctuary.”
- The Indian government is taking an original and groundbreaking approach to this.
- The proposed dark sky reserve would be situated in Hanle, Ladakh, and will promote Astro-tourism in India, according to a statement issued by the Union Ministry of Science and Technology.
- The second-largest natural reserve in the world, Changthang Wildlife Sanctuary, will include the night sky sanctuary when it is completed.
- The new undertaking will house optical, infrared, and gamma-ray telescopes at one of the highest elevations on the whole planet.
GoI announces to rename the Rajpath as Kartavya Path:
- Rajpath and Central Vista lawns will now be known as Kartavya Path, according to the Indian government’s announcement.
- According to reports, the choice will erase all traces of the British colony in India.
- The choice was made during a special meeting that was called to rename the Rajpath and Central Vista lawns.
- The name of the street where the Prime Minister’s home is located was previously changed from Race Course Road to Lok Kalyan Marg by the Modi administration.
- From the Netaji Statue to the Rashtrapati Bhavan, the entire route and surroundings are referred to as the Kartavya Path.
- The National Stadium in Delhi is reached through a path that passes through Vijay Chowk, India Gate, and Rashtrapati Bhavan on Raisina Hill.
- Following Prime Minister Narendra Modi’s address to the country on Independence Day, in which he emphasized the circumstances leading to the elimination of symbols and emblems associated with the colonial mindset, the decision was made.
In comparison to the previous year, preventive detentions increased by more than 23.7% in 2021:
- According to the most recent crime figures issued by the National Crime Records Bureau, preventative detentions increased by over 23.7% in 2021 compared to the previous year, with over 1.1 lakh persons being held in preventive detention.
- Nearly half (241) of these 483 detentions made by the National Security Act were still being held as of the end of 2021.
- The number of persons held under preventative detention reached over 24,500 as of the end of last year, which is a record high since the NCRB began keeping track of this information in 2017.
CCRAS ‘SPARK’ Program to Support Innovative Research in Ayurveda:
- The Central Council for Research in Ayurvedic Sciences (CCRAS) offers an innovative approach to aid the research endeavors of India’s up-and-coming bright minds.
- The Studentship Program for Ayurveda Research Ken (SPARK) has been created by CCRAS for BAMS students studying Ayurveda at accredited Ayurveda colleges.
- The CCRAS has created the SPARK program to nurture students’ developing minds and to further the tradition of Ayurvedic research that is supported by scientific facts.
- The SPARK Program will encourage the students’ research ideas and help them build a research mindset.
- The SPARK Program seeks to assist young, rising students in all Indian Ayurveda institutions with their research ideas.
- The SPARK Program application procedure will be conducted online.
- Under this fellowship, financial assistance in the amount of Rs. 50,000 would be given to the chosen students.
CURRENT AFFAIRS: STATE NEWS
Bhartaul becomes the first village in UP to Provide RO Water To Every Household
- Bhartaul, in Uttar Pradesh’s Bareilly district, has become the first village in UP to achieve the distinction of supplying RO (Reverse Osmosis) water to every household.
- The village has a population of around 7,000 people and every house is now provided with clean RO water.
- The ROs have been installed under the Centre’s Adarsh Gram Panchayat initiative.
- So far, 4 RO plants have been brought up in the village and plans are underway to set up more in the following days.
- These plants have been connected to the main supply tanks which help to provide clean water to every household.
- It will save people from water-borne diseases.
About UP :
- Governor: Anandiben Patel
- Chief minister: Yogi Adityanath
- Capital: Lucknow
India’s 1st 3D-Printed Post Office To Come Up In Bengaluru, Karnataka
- India’s first 3D-printed Post Office is coming up in Cambridge Layout in the Halasuru area of Bengaluru, Karnataka.
- Housing and Urban Affairs Ministry has given clearance for the construction.
- Its construction will be carried out by the Indian multinational conglomerate, Larsen and Toubro (L&T).
- The project is being carried out in collaboration with IIT Madras.
Merits of constructing a 3D-post office :
- The 3D post office would cut down construction costs to an extreme extent.
- It does not take longer than a month to get completed.
- The area of the building would be a 1000-square-feet.
- The 3D post office will cost less than Rs. 25 lakh.
- This cost reduces the usual construction price by 25%.
- Earlier, in 2021, India’s first 3D-printed house was built by the IIT-Madras campus, in Chennai, Tamil Nadu.
Note :
- Larsen & Toubro is the only company currently in India utilizing 3D printing technology for
About Karnataka :
- Governor: Thawar Chand Gehlot
- Chief minister: Basavaraj Bommai
- Capital: Bengaluru
Tamil Nadu Chief Minister Shri M.K Stalin Launches Footwear & Leather Goods Policy 2022
- Tamil Nadu (TN) Chief Minister Shri M K Stalin launched the Footwear and Leather Products Policy 2022 at the Tamil Nadu Footwear and Leather Sector Conclave 2022.
Aim :
- To transform Tamil Nadu into a favored destination for footwear and leather products manufacturing in Asia.
- The Conclave was organized by the TN government investment promotion agency, Guidance Tamil Nadu.
- The policy will offer a special package for footwear and leather products (FLP) manufacture and incentives for FLP Design Studios.
About footwear and leather products policy 2022 :
- The Tamil Nadu footwear sector accounts for 26% of India’s manufacturing output and 48% of exports.
- It will offer a special package for footwear and leather products manufacturing and incentives for such “design studios”.
- Tamil Nadu’s major hubs for leather and leather goods production are Vaniyambadi, Vellore, Tiruchirappalli, Ambur, Ranipet, Peranampattu, Dindigul, Erode, and
- International brands like Louis Vuitton, Giorgio Armani, Gucci, Bugatti, Prada, Zara, Coach, Tommy Hilfiger, etc. get their raw materials from the state or are directly manufactured in Tamil Nadu.
- He also signed 5 memoranda of understanding (MOUs) with companies namely KICL, Walkaroo, KIC, KICL SEMS, and Wagon International, for an investment worth Rs 2,250 crore in the footwear and leather sector to generate employment for 37,450 persons.
- The CM also laid the foundation stone for the mega footwear manufacturing park at Panapakkam, Ranipet costing INR 400.
- Considering the labor-intensive nature of FLP manufacturing, the eligibility criteria for firms applying for incentives will be relaxed under the “Special Package for FLP Manufacturing”.
- For leather FLP and standalone non-leather footwear, the eligibility is a minimum investment of Rs 50 crore and minimum employment of 2,000 people for component cluster ₹300 crore and 3,000 persons and for allied footwear industries (outside the cluster) ₹150 crore and 100 persons.
- ‘Large’ FLP manufacturing projects in “B” and “C” category districts (₹300 crore+) will be eligible for Special Packages, while ‘Mega’ projects in “A” category districts (₹500 crores +) will be eligible for a ‘Structured Package of Assistance” as per the Tamil Nadu Industrial Policy (TNIP) 2021.
Turnover-based subsidy :
- To Consider the higher turnover-to-asset ratio in FLP manufacturing, a turnover-based subsidy will be applicable as a percentage of the turnover in each financial year.
Fixed Capital Subsidy :
- ·Industries allied to footwear manufacturing or component industries located outside the clusters will be eligible for a Fixed Capital Subsidy of 10% of investment in Eligible Fixed Assets to be disbursed in 10 equal annual installments.
Note :
- Tamil Nadu is the only state in India that has implemented Zero Liquid Discharge in tanneries.
About Tamil Nadu :
- Governor: R. N. Ravi
- Chief minister: M. K. Stalin
- Capital: Chennai
CURRENT AFFAIRS: BANKING & FINANCE
RBI issues new guidelines on digital lending to protect borrowers
- The Reserve Bank of India (RBI) issued official guidelines to all lenders/ Regulated Entities (RE), including banks in a move to protect the borrowers from unscrupulous lending practices.
- These new guidelines will apply only to existing customers taking fresh loans, and to new customers getting onboarded from Sep 2, 2022.
- The registered entities have to comply with the digital lending guidelines by November 30, 2022.
- The guidelines issued by the RBI cover the following regulated entities: all commercial banks, urban co-operative banks, state co-operative banks, district central co-operative banks; and non-banking financial companies (NBFCs), including housing finance companies (HFCs).
About RBI :
- Established: 1 April 1935
- Headquarters: Mumbai, Maharashtra
- Governor : Shaktikanta Das
- Deputy governors: Mahesh Kumar Jain, M. Rajeshwar Rao, Michael Patra, and T. Rabi Shankar
RBI partially devolves 7-year paper on PDs
- The Reserve Bank of India (RBI) partially devolved the 7-year Government Security (GS) on primary dealers (PDs) to maintain the normal 5-6 basis points spread between this paper and the 10-year paper.
Key Highlights :
- At the auction, while the 7.10% GS 2029 partially devolved on the underwriters, the remaining three papers (6.69% GS 2024; 7.26% GS 2032; & 6.95% GS 2061) sailed through, with the government raising the overall notified amount of ₹33,000 crore
- The RBI devolved about 36% of the notified amount of ₹7,000 crores, which the government wanted to raise via the 7-year paper.
The cut-off yield of the 7-year paper and the 10-year paper came in at 7.1632% & 7.2195% respectively, with the spread between the two papers being maintained at about 6 bps.
CURRENT AFFAIRS: BUSINESS NEWS
28th Edition of Status Report on India’s External Debt 2021-22 Released:
- The 28th edition of the Status Report on India’s External Debt for the years 2021–2022 has been published by the External Debt Management Unit (EDMU) under the Department of Economic Affairs, Ministry of Finance.
- At US$ 620.7 billion as of the end of March 2022, India’s external debt increased by 8.2% from US$ 573.7 billion as of the end of March 2021.
- The second greatest portion of it, estimated at 31.2%, was owed in Indian rupees, while 53.2% of it was in US dollars.
- As of the end of March 2022, the external debt to GDP ratio decreased slightly from 21.2 to 19.9 percent.
- As of the end of March 2022, the ratio of foreign currency reserves to external debt was 97.8 percent, down from 100.6 percent a year earlier.
CURRENT AFFAIRS: RANKING AND REPORTS
Grievance Redressal Index 2022: UIDAI topped in August 2022
- In the list of Ministries/Departments for addressing Public Grievances, the Unique Identification Authority of India (UIDAI) came out on top.
- The Department of Administrative Reforms and Public Grievances (DARPG) issued the report
- According to a statement issued by the Ministry of Electronics and IT, UIDAI is even more dedicated to serving the Indian people and has acted as a catalyst for both business and ease of life.
- The Centralized Public Grievance Redress and Monitoring System (CPGRAMS) instances that UIDAI has resolved have been among the best.
- Additionally dedicated to helping Indian citizens, UIDAI has aided in easing daily life and commercial operations.
- UIDAI can handle 92% of CRM complaints within 7 days because of its effective grievance redressal system, which consists of UIDAI HQ Divisions, Regional Offices, a Technology Center, and active Contact Center Partners.
CURRENT AFFAIRS: APPOINTMENTS & RESIGNATIONS
TMB appoints Mr. S Krishnan as MD-CEO
- The Board of Directors of Tuticorin-based Tamilnad Mercantile Bank has appointed veteran banker Mr. Krishnan Sankarasubramaniam as the Managing Director (MD) & Chief Executive Officer (CEO) for three years.
- Sankarasubramaniam succeeds incumbent MD-CEO K V Rama Moorthy ended on September 3, 2022.
About Mr. S Krishnan :
- Krishnan started his banking career in January 1983 at Indian Bank.
- He served as Executive Director of Syndicate Bank from November 1, 2017, to March 31, 2020.
- He served as MD and CEO of the company Punjab and Sind Bank from September 4, 2020, to May 31, 2022.
- He was the executive director of Canara Bank from 1st April 2020 to 3rd September 2020.
- He was the Executive Secretary of the Board of the Bank of India.
- He is also a Certified Fellow of the Indian Institute of Bankers (CAIIB).
About TMB :
- Founded: 11 May 1921
- Headquarters: Tuticorin, Tamil Nadu, India
- Founder & Chairman: M V Shanmugavel Nadar
Captain Mr. Binesh Kumar Tyagi takes over as the new CMD Shipping Corporation of India
- The Appointments Committee of the Cabinet (ACC) has appointed Captain Mr. Binesh Kumar Tyagi as the new chairman and managing director of Shipping Corporation of India Ltd (SCI) for 5 years.
- He Succeeded Mr. Harjeet Kaur Joshi, who take over the charge of CMD of SCI in Sep 2019.
About Mr. Binesh Kumar Tyagi :
- Tyagi joined SCI in 1990 as Trainee Nautical Officer (TNOC).
- He was heading the Liner and Passenger Services Division as Director (L&PS) since January 7, 2021, in SCI
- Currently, he is the director looking after the liner and passenger services division at SCI which is in the process of being privatized by the government.
About SCI :
- Founded: 2 October 1961
- Headquarters: Mumbai, Maharashtra, India
- The SCI is a government corporation that operates and manages vessels servicing both national and international lines.
- Under the Ministry of Ports, Shipping and Waterways, SCI is the largest shipping company in India.
CURRENT AFFAIRS: SCIENCE & TECHNOLOGY
China launches Yaogan-33 02 satellite
- China has launched a new remote sensing satellite Yaogan-33 02 from Jiuquan Satellite Launch Center in Northwest China.
- It was launched aboard a Long March-4C carrier rocket and has successfully entered its planned orbit.
- It will be used for scientific experiments, land resource surveys, crop yield estimation, and disaster prevention and
- This was the 435th flight mission for the Long March series rockets.
About China :
- President: Xi Jinping
- Capital: Beijing
- Currency: Renminbi
ISRO successfully demonstrates Inflatable Aerodynamic decelerator tech to land payloads on Mars, Venus
- The Indian Space research Organisation (ISRO) has successfully conducted tests of an Inflatable Aerodynamic decelerator (IAD) that will be used for landing payloads on Mars and Venus in the future.
- IAD was test-flown today in a Rohini-sounding rocket from Thumba Equatorial Rocket Launching Station (TERLS) in Thiruvananthapuram, Kerala.
About IAD Technology :
- IAD Technology is designed and developed by ISRO’s Vikram Sarabhai Space Centre (VSSC).
- It is being developed for aerodynamically decelerating an object descending through the atmosphere.
- IAD is made from Kevlar fabric, coated with Polychloroprene.
- It can be packed into a small volume of 15 liters, available in the nosecone of the RH300.
- When inflated, IAD takes the shape of three concentric toroids with an overall diameter of 1.3m that generates high aerodynamic drag and stability.
New elements being tested in the mission:
- Micro Video Imaging System
- Software Defined Radio Telemetry-Dual Transmitter (SDRT-DTx)
- Acoustics Processing Unit with mini-IMAS (Indigenous MEMS Acoustic Sensors)
- New software for wind compensation for TERLS
- Modified nosecone separation system
- Modified FLSC separation system for RH300
- Improved 1s delay detonator for spin rocket separation
- Thermally conducting and electrically insulating potting compound ATCAP-75-7030
About ISRO :
- Established: 15 August 1969
- Headquarters: Bangalore, Karnataka, India
- Chairman: Sreedhara Panicker Somanath
- ISRO is the national space agency of India, and operates under the Department of Space (DOS).
CURRENT AFFAIRS: SPORTS NEWS
Max Verstappen won the Dutch F1 Grand Prix 2022:
- The Dutch F1 Grand Prix of 2022 was won by Max Verstappen of Red Bull.
- Charles Leclerc of Ferrari and George Russell of Mercedes finished second and third,
- Verstappen has now prevailed in 10 of the 15 races this year.
- He finished on the podium for the 72nd time, earning 26 points in the process.
- In 2021, Verstappen also prevailed in the Dutch Grand Prix.
- He has already competed in 30 different races.
36th National Games: Mascot and Anthem Launched by Shri Amit Shah
- The 36th National Games mascot and anthem have been unveiled at Trans Stadia in Ahmedabad by Union Home Minister Amit Shah.
- The name of the mascot is “Savaj,” which is Gujarati for “cub.”
- The national anthem for the competition is based on the phrase “Ek Bharat Shreshtha Bharat.”
- From September 29 until October 12, 2022, the National Games will be held.
- There will be six Gujarati cities where it will be shown: Ahmedabad, Gandhinagar, Surat, Vadodara, Rajkot, and Bhavnagar.
- The Indian government has made every effort to encourage sports and athletes in India.
- The budget allotted for the National Games in 2014 was 866 crores, but this year, it has been raised to 2000 crores in preparation for the National Games in 2022.
- At the opening event, Home Minister Amit Shah also unveiled the National Games Gujarat’s official website and mobile app.
CURRENT AFFAIRS: BOOKS AND AUTHOR
A book titled ‘Divorce and Democracy: A History of Personal Law in Post-Independence India’ by Saumya Saxena
- Family law, religion, and gender politics in India are all topics covered in the book “Divorce and Democracy: A History of Personal Law in Post-Independence India.”
- At the India International Centre, a new book on divorce laws and diverse religions in the post-colonial era was published.
- Saumya Saxena, a British Academy Fellow in the faculty of history at the University of Cambridge, is the author of the book.
- It discusses the Indian state’s challenging conversation with divorce, which is mostly resolved through religion.
- This book chronicles the challenging conversation the Indian government has with divorce, which is mostly mediated by religion.
- It investigates the dynamic interactions between law, religion, family, minority rights, and gender in Indian politics by charting the evolution of marriage and divorce laws in post-colonial Hindu, Muslim, and Christian groups.
Daily CA on September 7:
- Female employees of the Central Government would receive special 60-day maternity leave.
- According to Union Minister of Science and Technology Jitendra Singh, Hanle, Ladakh will soon become home to India’s first-ever “night sky sanctuary.”
- Rajpath and Central Vista lawns will now be known as Kartavya Path, according to the Indian government’s announcement.
- According to the most recent crime figures issued by the National Crime Records Bureau, preventative detentions increased by over 23.7% in 2021 compared to the previous year, with over 1.1 lakh persons being held in preventive detention.
- The Central Council for Research in Ayurvedic Sciences (CCRAS) offers an innovative approach to aid the research endeavors of India’s up-and-coming bright minds.
- The 28th edition of the Status Report on India’s External Debt for the years 2021–2022 has been published by the External Debt Management Unit (EDMU) under the Department of Economic Affairs, Ministry of Finance.
- In the list of Ministries/Departments for addressing Public Grievances, the Unique Identification Authority of India (UIDAI) came out on top.
- The Dutch F1 Grand Prix of 2022 was won by Max Verstappen of Red Bull.
- The 36th National Games mascot and anthem have been unveiled at Trans Stadia in Ahmedabad by Union Home Minister Amit Shah.
- A new book titled ‘Divorce and Democracy: A History of Personal Law in Post-Independence India’ by Saumya Saxena.
- Bhartaul, in Uttar Pradesh’s Bareilly district, has become the first village in UP to achieve the distinction of supplying RO (Reverse Osmosis) water to every household.
- India’s first 3D-printed Post Office is coming up in Cambridge Layout in the Halasuru area of Bengaluru, Karnataka.
- Tamil Nadu (TN) Chief Minister Shri M K Stalin launched the Footwear and Leather Products Policy 2022 at the Tamil Nadu Footwear and Leather Sector Conclave 2022.
- The Reserve Bank of India (RBI) issued official guidelines to all lenders/ Regulated Entities (RE), including banks in a move to protect the borrowers from unscrupulous lending practices.
- The Reserve Bank of India (RBI) partially devolved the 7-year Government Security (GS) on primary dealers (PDs) to maintain the normal 5-6 basis points spread between this paper and the 10-year paper.
- The Board of Directors of Tuticorin-based Tamilnad Mercantile Bank has appointed veteran banker Mr. Krishnan Sankarasubramaniam as the Managing Director (MD) & Chief Executive Officer (CEO) for three years.
- The Appointments Committee of the Cabinet (ACC) has appointed Captain Mr. Binesh Kumar Tyagi as the new chairman and managing director of Shipping Corporation of India Ltd (SCI) for 5 years.
- China has launched a new remote sensing satellite Yaogan-33 02 from Jiuquan Satellite Launch Center in Northwest China.
- The Indian Space research Organisation (ISRO) has successfully conducted tests of an Inflatable Aerodynamic decelerator (IAD) that will be used for landing payloads on Mars and Venus in the future.