Latest Current Affairs For Sunday 24th October, 2021

Indian Navy conducts Offshore Sailing Regatta from Kochi to Goa

As part of the commemorative activities of Azadi ka Amrit Mahotsav, Indian Navy is conducting an Offshore Sailing Regatta from Kochi to Goa under aegis of Indian Naval Sailing Association, INSA.

Six Indian Naval Sailing Vessels Mhadei, Tarini, Bulbul, Neelkanth, Kadalpura and Hariyal will participate in the event.

The Flagging ceremony of the race will be presided over by the Commandant, Naval War College at Goa on the 29th of this month.

SAI appoints Arjuna Awardee Commodore PK Garg as new CEO of TOPS

The Sports Authority of India (SAI) has appointed Commodore PK Garg as the Chief Executive Officer (CEO) of the Target Olympic Podium Scheme (TOPS).

He will replace Commander Rajesh Rajagopalan, who held the post from 2018 till the Tokyo Olympics.

The appointment was officially ratified at SAI's Mission Olympic Cell meeting. 

Mr Garg represented India in five Asian Games from 1986 to 2002 in the Enterprise Class Sailing Event and has been a National Champion five times.

Textile Ministry issues notification for setting up seven PM MITRA Parks

Textiles Ministry has issued notification for setting up of seven PM MITRA Parks.

It will be set up at Greenfield or Brownfield sites located in different willing States. 

The Union Development Capital Support will be 30% of the Project Cost, with a cap of 500 Cr rupees and for Brownfield sites 30% of the project cost of balance infrastructure and restricted to a limit of  200 crore rupees. 

It will reduce logistics costs and improve the competitiveness of Indian Textiles.

PaceJames Pattinson announces retirement from International Cricket

Australia fast bowler James Pattinson (31-years) has announced his retirement from test cricket.

Pattinson, who has battled injuries throughout his career, has 81 wickets from 21 Test matches for Australia since he made his debut in December 2011.

The right-arm played 21 Test Matches, 15 One-Day Internationals and four T20 Internationals for Australia.

International Snow Leopard Day : 23rd October

World Snow Leopard Day is observed globally on 23rd October every year.

The main purpose of this day is to show the importance of snow leopard conservation and raise awareness about this incredible animal.

The first Snow Leopard Day occurred on the 23rd of October in 2014.

Snow Leopard is found in India, Nepal, Bhutan, China, Mongolia, Russia, Pakistan, Afghanistan, Kyrgyzstan, Kazakhstan, Tajikistan and Uzbekistan.

J&K LG Manoj Sinha e-inaugurates “Jashn-e-Zafraan”

Jammu and Kashmir LG Manoj Sinha e-inaugurated the “Jashn-e-Zafraan”, Harvesting Saffron in presence of Union Minister of State for Agriculture and Farmers’ Welfare, Kailash Choudhury.

The income of J&K farmers is at the fifth position in the whole country, 46% higher than the national average.

As per data of the National Statistical Survey, the farmers of J&K have a monthly income of 18,918 rupees, way above the national average of 10,218 rupees.

India hands over Jaynagar-Kurtha cross-border rail link to Nepal govt

India handed over a 34.9 km long cross-border rail link connecting Jayanagar in Bihar to Kurtha in Nepal to the Nepal government.

The handing over ceremony took place in the presence of the Nepal minister for physical Infrastructure and transport Renu Kumari Yadav and Indian ambassador to Nepal Vinay M. Kwatra.

The Jaynagar - Kurtha section is part of the 68.7 km Jaynagar - Bijalpura- Bardidas rail link built under the Government of India's grant assistance programme. 

Namibia defeat Ireland to qualify for Super 12 stage

Namibia defeated Ireland by 8 wickets at Sharjah in the Group A of the ICC Men's T20 World Cup at the Sharjah Cricket Stadium, Sharjah.

Ireland won the toss, chose to bat and set the target of 126 runs.

Namibia achieved the target with 9 balls remaining. 

With this win, Namibia has progressed from Group A to the Super 12 stages.

As a result of finishing at the top of Group A, Namibia will join India's group featuring Pakistan, New Zealand and Afghanistan.

UK Navy Chief Admiral meets Indian counterpart in New Delhi

United Kingdom Navy Chief Admiral Sir Tony Radakin met Indian Navy Chief Admiral Karambir Singh in New Delhi and laid a wreath at the National War Memorial as a tribute to fallen soldiers.

Amongst other naval bilateral cooperation issues, the Chiefs emphasised collaborative mechanisms towards ensuring peace and security in the region.

Admiral Radakin is on a three-day visit to India.

He is also scheduled to visit the Indian Navy’s Western Naval Command in Mumbai.

Barbados elects Dame Sandra Mason as its first-ever president

Dame Sandra Mason (72-years) has been elected after securing two-thirds of the votes in the country's two houses of Parliament.

Mason has been the governor-general since 2018 when she was appointed by the queen.

Barbados has elected its first-ever president as it prepares to become a republic, removing Queen Elizabeth as head of state.

Barbados is an island country, located in Lesser Antilles of the West Indies.

PM Narendra Modi to be awarded prestigious Lokmanya Tilak Award 2023

The Tilak Smarak Mandir Trust (Hind Swaraj Sangh) would confer the prestigious Lokmanya Tilak National Award 2023 to Prime Minister Narendra Modi in Pune on August 1, 2023.

Reason: This award recognizes PM Modi's supreme leadership under which India has climbed the ladder of progress

It is presented annually on the occasion of Lokmanya Tilak's death anniversary.

Other awardees: Indira Gandhi, Atal Bihari Vajpayee, Sharad Pawar, Cyrus Poonawalla, and Manmohan Singh. 

J&K Bank wins award for Best Performance in CASA

Jammu & Kashmir Bank has been felicitated for the Best Performance in CASA-India (1st Runner up in Small Bank Category) at ICC Emerging Asia Banking Conclave & Awards 2022.

The event was participated by banks from India, Nepal, Bhutan, Bangladesh, Sri Lanka & Myanmar.

The function was organized by the Indian Chamber of Commerce in Goa.

Indian Chamber of Commerce (ICC) is a non-governmental trade association and advocacy group headquartered in Calcutta.

India poised to become world’s 2nd-largest economy by 2075: Goldman Sachs

According to the Investment Bank Goldman Sachs, India is poised to become the world’s second-largest economy by 2075.

As per the report, India would cross Japan, Germany, and the US With a population of 1.4 billion people.

India’s GDP is estimated to expand remarkably, reaching 52.5 trillion dollars surpassing the US GDP projection.

The labour force participation set to make India the second-largest economy in the world by 2075.

L&T and Spain's Navantia sign agreement for submarine project

L&T has signed a teaming agreement with Spanish-based Navantia for the submission of a techno-commercial bid for the Indian Navy’s prestigious P75 (India) submarine program.

P75 (India) Submarine Project is expected to be valued at €4.8 billion.

Navantia would carry out the design of P75(I) submarines based on its S80 class of submarines.

The first S80 class submarine was launched in 2021 and is undergoing sea trials prior to its delivery to Spanish Navy. 

India overtakes China as most attractive emerging market for investing

According to a study by Invesco Global Sovereign Asset Management, India has overtaken China to become the most attractive emerging market for investing in sovereign wealth funds this year.

Reason: This is due to its solid demographics, political stability, and proactive regulation. 

Positives for the nation also include the rapidly expanding demography, strong regulatory actions, and a welcoming climate for sovereign investors.

World Population Day 2023: 11 July

World Population Day is observed every year on July 11 in order to raise awareness about global population issues, including population control.

2023 theme: Unleashing the power of gender equality: Uplifting the voices of women and girls to unlock our world’s infinite possibilities. 

It was established by the United Nations Development Programme (UNDP) in 1989, after the day the world approximately reached a population of five billion, which was observed on 11 July 1987.

MoHUA conducts SBM-U 2.0 Planning & Implementation Review-cum-Workshop

The Housing Ministry organized a review-cum-workshop to evaluate and accelerate the planning and implementation of the SBM-Urban 2.0.

PM Modi launched the 2.0 versions of SBM-U and AMRUT on October 1, 2021.

SBM-U 2.0: Achieving 100% waste segregation in all households and premises and 100% door-to-door collection of segregated waste from each. 

AMRUT 2.0: To provide complete coverage of water supply to all households and sewerage and septage in 500 AMRUT cities. 

Gujarat CM launches pilot project of ‘Antyodaya Shramik Suraksha Yojana’

Gujarat CM Bhupendra Patel launched the Antyodaya Shram Suraksha Accident Insurance Scheme from Kheda

All those registered under the e-Shram portal from Nadiad will benefit from the scheme.

It is being implemented through the Indian Postal Department, the IPPB, and the Ministry of Labour and Employment.

Under this scheme, insurance with a premium of Rs. 289 and Rs. 499 per year will be a big support to workers in the event of death or partial disability.

OCA elects Sheikh Talal as the new President

Kuwait’s Sheikh Talal Fahad Al Ahmad Al Sabah has been elected as the new President of the Olympic Council of Asia (OCA).

He replaced his older brother Sheikh Ahmad Al-Fahad Al-Sabah, who led the OCA for 30 years until 2021.

The OCA was founded in 1982 by his father Fahad Al-Ahmed Al-Jaber Al-Sabah, who led it until 1990.

The Olympic Council of Asia (OCA) is a governing body of sports in Asia, currently with 45 member National Olympic Committees.

Bajaj Allianz Life Insurance wins Insurer Innovation Award 2023

Bajaj Allianz Life Insurance has won the Insurer Innovation Award 2023 for the APAC region at the 8th World Digital Insurance Awards, hosted by TDI - The Digital Insurer.

Recognition: Bajaj Allianz Life's ground-breaking WhatsApp Conversational Platform - empowering customers to digitally services their policies seamlessly. 

The award entries were shortlisted by industry experts and the winner was selected by the community through pre-voting and live event voting.