Latest Current Affairs For Tuesday 12th April, 2022

Ram Nath Kovind inaugurated Madhavpur Mela

President Ram Nath Kovind has inaugurated the annual Madhavpur Mela at Madhavpur Ghed in the Porbandar, Gujarat.

This fair is a symbol of Ek Bharat Shreshtha Bharat which is being organized as part of Azadi Ka Amrut Mahotsav.

This fair has been organized by the Cultural Ministry in collaboration with the Gujarat government since 2018.

The temple trust and gram panchayat organize a cultural fair annually in the memory of the marriage of Lord Krishna and Rukmani Ji.

Thailand Open Boxing Tournament 2022

A group of 15 Indian boxers has won the 10 medals, including three golds, four silvers, and three bronze at the Thailand Open International Boxing Tournament 2022 in Phuket.

The winner of the Gold medal earned USD 2000.

Gold: Govind Sahani (48kg), Ananta Pralhad Chopde (54kg), Sumit (75kg)

Silver: Amit Panghal (52kg), Monika (48kg), Varinder Singh (60kg), Ashish Kumar (81kg)

Bronze: Manisha (57kg), Pooja (69kg) Bhagyabati Kachari (75kg)

Actor Shiv Kumar Subramaniam passes away

Actor-screenwriter Shiv Kumar Subramaniam has passed away, he was known for his roles in serial Mukti Bandhan and Meenakshi Sundareshwar.

He started his career by writing a screenplay for 1989 film Parinda which was directed by Vidhu Vinod Chopra.

He won the Filmfare Award for Best Story for Hazaron Khawaishein Aisis.

He has worked in films like 2 States, Hichki, Nail Polish, Rocky Handsome and more.

The 20th NTCA meeting chaired by the Union Minister Bhupender Yadav

Union Minister for Environment, Forest & Climate Change Bhupender Yadav has chaired the 20th NTCA which was held was held in Pakke tiger reserve in Arunachal Pradesh.

This is the first-ever NTCA meeting that was held outside of the National Capital.

In March 2021, the Air Gun Surrender Abhiyaan was started in Arunachal Pradesh

The NTCA has prepared the Forest Fire Audit Protocol for Tiger Reserves, which was released by Bhupender Yadav

Axis Bank and ADB collaborate to offer supply chain finance

Axis Bank has signed a USD 150 million Partial Guarantee Facility Agreement (PGFA) with the Asian Development Bank (ADB) to support supply chain financing for impact sectors.

The programme will have a special focus on ESG (environmental, social and governance).

The deal will help Axis Bank to boost its support of SMEs, contribute to economic growth, and create jobs that improve people’s lives.

Axis Bank CEO: Amitabh Chaudhry

ADB President: Masatsugu Asakawa

World Parkinson's Day 2022 observed on April 11

To raise awareness of Parkinson's disease, which is described as a movement disorder that impacts the nervous system, is observed as World Parkinson's Day annually on April 11.

The theme for World Parkinson's Day 2022 is "integrated health care".

This day also marks the birth anniversary of Dr. James Parkinson, who first described the features of the disease in his article - An Essay on the Shaking Palsy in 1817.

Vikas Siri Sampat-111 scheme launched by Karnataka Vikas Grameena Bank

P Gopi Krishna, Chairman of Karnataka Vikas Grameena Bank has launched a new deposit scheme of the bank named Vikas Siri Sampat-1111.

The tenure of this scheme is of 1,111 days with an interest rate of 5.70% for the general public and 6.20 % for senior citizens.

It also offers the highest rate of annualized return of 6.03% for the general public and 6.60% for senior citizens.

Under the scheme, the account holder can deposit ₹10,000 to ₹2 crores.

Shaheen-III ballistic missile flight-tested successfully

Pakistan has conducted Shaheen-III surface to surface ballistic missile flight-tested successfully.

Shaheen-III has a range of 2,750 KM which made this missile capable of reaching the farthest point in India's northeast and Andaman and Nicobar Islands.

It is a solid-fuelled missile that is equipped with the Post-Separation Altitude Correction (PSAC) system.

The missile was first tested in March 2015.

Indian Coast Guard commissions advanced light helicopter MK III squadron

The Indian Coast Guard (ICG) has commissioned the latest Advanced Light Helicopter (ALH-Dhruv) MK-III squadron in Bhubaneswar in Odisha.

ALH was commissioned in the presence of Indian Coast Guard chief Virender Singh Pathania.

It will enhance maritime security capabilities of force along with West Bengal and Odisha Coast and beyond.

It was manufactured by the Hindustan Aeronautics Ltd (HAL) under the ‘Make in India’ initiative.

Bishesh Huirem becomes first transgender to win best actor award

Bishesh Huirem becomes the first transgender actress who was honoured with the Best Actor Award in the prestigious Manipur State Film Awards.

She received the award for exceptional performance in the film ‘Apaiba Leichil’ (floating clouds) for portraying a transgender character. She also clinched the Special Mention Award.

Best Feature Film: ‘Eikhoigi Yum’ directed by Romi Meitei

Best Direction Award: Bobby Haobam for the film ‘Rongdaife’

Nilamani Phookan conferred with 56th Jnanpith Award

Eminent Assamese poet Nilamani Phookan will be Conferred with the country's highest literary award, 56th Jnanpith at Guwahati.

Nilmani Phookan is the third person to win the Jnanpith Award from Assam after Mamoni Roisom Goswami and Birendra Kumar Bhattacharya.

Notable works of Phookan: ‘Xurjya Henu Naami Aahe Ei Nodiyedi’, ‘Kabita’, and ‘Gulapi Jamur Lagna’. 

57th Jnanpith Award 2022: Novelist Damodar Mauzo was chosen for his contribution to Indian literature.

Charles Leclerc wins Formula One Australian Grand Prix 2022

Ferrari driver Charles Leclerc has named the title F1 Australian Grand Prix 2022 held on 10 April 2022 at Albert Park Circuit, in Melbourne, Victoria.

He surpassed Red Bull's driver Sergio Pérez and Mercedes's driver George Russell.

Mercedes’s driver Lewis Hamilton placed fourth ahead of the McLarens of Norris and Ricciardo.

Other Grand Prix 2022 -

Saudi Arabian Grand Prix 2022: Max Verstappen (Red Bull)

F1 Bahrain Grand Prix 2022: Charles Leclerc (Ferrari)

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.