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Current Affairs Weekly PDF – August 2022 – 3rd Week (17 - 24)
NATIONAL AFFAIRS

India adds 11 more Wetlands targets under Nationally Determined Contributions


Designated as Ramsar sites; tally rises to (NDCs).
✓ As per it, India’s green investment flows are
75
falling far short of the country’s current
India has designated 11 more wetlands under the
need for its ambitious climate targets.
Ramsar Convention or the Convention on Wetlands,
✓ The tracked green finance in 2019-2020
taking the total number of Ramsar sites in India to
was Rs 309,000 crore (nearly USD 44
75 from 64 with area coverage
billion) per annum, which is less than a
of 13,26,677 hectare (ha).
fourth of India’s needs.
✓ The 11 new sites include 4 sites in Tamil
✓ For India to achieve its NDCs under the
Nadu (TN), 3 in Odisha, 2 in Jammu &
Paris agreement, it requires approximately
Kashmir (J&K), and 1 each in Madhya
Rs 162.5 lakh crore (USD 2.5 trillion) from
Pradesh (MP) and Maharashtra (MH).
2015 to 2030 or roughly Rs
Area in 11 lakh crore (USD 170 billion) per year.
Name of wetland Ha State
Tampara Lake 300
Asia’s Largest CBG plant Begins
Hirakud Reservoir 65400 Operation in Punjab’s Sangrur District
Ansupa Lake 231 Odisha Asia’s largest Compressed Biogas (CBG) plant in
Madhya the Sangrur district of Punjab has started
Yashwant Sagar 822.9 Pradesh commercial production with a total capacity
Chitrangudi Bird of 33.23 tonne CBG per day at village Bhuttal
Sanctuary 260.47 Kalan. The unit was commissioned in April 2022.
Suchindram Theroor The plant supplies CBG to the Indian Oil
Wetland Complex 94.23 Corporation Ltd (IOCL) outlet.
Vaduvur Bird Sanctuary 112.64 ✓ The project is expected to attract private
Kanjirankulam Bird investment of around Rs 1,200 crore and
Sanctuary 96.89 Tamil Nadu generate employment opportunities for
around 8,000 skilled and unskilled
Thane Creek 6521.08 Maharashtra
individuals.
Hygam Wetland
✓ Punjab Energy Development
Conservation Reserve 801.82
Agency (PEDA) has also allocated 42
Shallbugh Wetland Jammu and
Conservation Reserve 1675 Kashmir additional CBG projects with a total capacity
of 492.58 tonnes per day (TPD) based on
Total area of 11 sites 76316 paddy straw and other agro-residue.
Click here to read more.

BRO to build first steel slag road in


India’s annual Green Finance is just One-
Arunachal Pradesh Border
Fourth of its needs: CPI Report The Border Road Organization (BRO) is planning
The Climate Policy Initiative (CPI) has released a to construct a first-of-its-kind pilot road stretch in
report titled ‘Landscape of Green Finance in Arunachal Pradesh border area using steel slag.
India’: India’s green investment flows in FY ✓ The project is being initiated after the
2019-20, which is an update on a systematic success of using 100% steel slag on a port
assessment of India’s green investment, and connectivity road in Gujarat.
evaluates whether India is on track in achieving its

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✓ The 1.2 km Hazira port (Gujarat) approved StartUp loan of Rs 1.15 crores to M/s TGP
connectivity stretch was a research and Bioplastics Private Limited, Satara
development (R&D) project carried out by (Maharashtra) for commercializing compostable
CSIR-CRRI (Council of Scientific and plastic which will mitigate the usage of Single Use
Industrial Research-Central Road Research Plastics (SUP).
Institute) in collaboration with a major steel ✓ This project has received seed funding
manufacturer and the Ministry of Steel. under National Initiative for Developing and
✓ BRO: Director General- Lt. Gen. Rajeev Harnessing Innovations- NIDHI Prayas of
Chaudhary; HQ- New Delhi, Delhi Department of Science & Technology
(DST); National Institution for
India’s 76th Independence Day 2022 Transforming India- NITI Aayog;
and United Nations Industrial
Celebrations & Awards – August 15,
Development Organisation (UNIDO) for
2022 the prototype development.
On August 15, 2022, India and Indians around the ✓ Composite is a unique blend of
world celebrated the 76th Independence Day, Thermoplastic-Starch (TPS)-glycerin with
marking the beginning of a period of freedom from some chemical modifications that provides
the more than 200-year oppression of British higher strength with low manufacturing
colonialism. cost. Click here to read more.
✓ The Indian Independence Bill, which
created the independent nations of India
and Pakistan from the former Mughal
Centre launches Early Childhood
Empire, came into effect at midnight on Development Conclave, Paalan
August 15, 1947. 1000 National Campaign and Parenting
✓ The Government of India has launched app
the Azadi Ka Amrit Mahotsav to Union Minister of State(MoS) for Health and Family
commemorate and celebrate 75 years of Welfare, Bharati Pravin Pawar virtually launched
independence as well as the glorious past of the Early Childhood Development Conclave, Paalan
its people, culture, and achievements. 1000 National Campaign and Parenting App in
✓ The inaugural journey of Azadi ka Amrit Mumbai, Maharashtra.
Mahotsav began on March 12, 2021, ✓ Paalan focuses on the cognitive
commencing a 75-week countdown to the developments of children in the first 2 years
75th anniversary of independence. It will of their life.
conclude post a year on August 15, 2023. ✓ The programme is aligned with the mission
✓ During his Independence Day 2022 speech of the Rashtriya Bal Swasthya Karyakram
at the Red Fort, PM Narendra Modi gave the (RBSK), emphasizing responsive care and
slogan “Jai Anusandhan” (innovation) and focusing interventions on the first 1000
urged the nation to move forward while days.
focusing on the “Panch Pran” (5 pledges)
for the upcoming 25 years. Click here to
MP’s Tribal-Dominated Mandla Becomes
read more.
India’s First Full Functional Literate
District
MoS Dr Jitendra Singh
Mandla, a district in Madhya Pradesh (MP), which
approves StartUp Loan of Rs 1.15cr to is a tribal-dominated region has become
TGP Bioplastics for commercializing India’s first fully functionally literate district.
Compostable Plastic ✓ In 2020, the district administration has
The Minister of State (MoS) Dr Jitendra Singh, launched a campaign “Niraksharta Se Azadi
Ministry of Science & Technology (MoST) has

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Abhiyaan” to make the residents of the Overview of National Action for


district fully literate. Mechanised Sanitation Ecosystem
✓ The entire district has become functionally
Scheme
literate within 2 years of the initiation
National Action for Mechanised Sanitation
which made people of Mandla to write their
Ecosystem (NAMASTE) is a Central Sector Scheme
names, count and read.
(CSS) of the Ministry of Social Justice and
Empowerment (MoSJE), developed in
Union Cabinet Approval On August 17, collaboration with the Ministry of Housing and
2022 Urban Affairs (MoHUA).
The Union Cabinet chaired by Prime Minister (PM) ✓ NAMASTE will strive to lessen
Narendra Modi has approved the following vulnerabilities of sanitation workers by
proposals: giving access to alternative livelihood
i. Widening Access of the Traditional Knowledge assistance and entitlements.
Digital Library (TKDL) Database to Users, Besides ✓ This phase of NAMASTE will focus on 500
Patent Offices. cities that will converge with Atal Mission
✓ The Department of Indian Systems of for Rejuvenation and Urban
Medicine and Homeopathy (ISM&H), which Transformation (AMRUT) cities. Click here
is now the Ministry of AYUSH, and the to read more.
Council of Scientific and Industrial Research
(CSIR) jointly established the Traditional NMCG organized ‘Yamuna
Knowledge Digital Library (TKDL), a prior
Par Azadi Ka Amrit Mahotsav’ in New
art database of Indian traditional
knowledge (TK), in 2001. Delhi; Initiatives Launched
ii.Contract Between India and France to Support The National Mission for Clean Ganga (NMCG),
ITF Activities On the Indian Transport Sector. along with the Department of Water Resources,
iii. Enhancement in The Corpus of Emergency River Development and Ganga Rejuvenation and
Credit Line Guarantee Scheme for Increasing the the Ministry of Jal Shakti (MoJS), organised an event
Limit of Admissible Guarantees. ‘Yamuna Par Azadi ka Amrit Mahotsav’ at the water
✓ The Union Cabinet approved a proposal to sports club in New Delhi (Delhi).
increase the Emergency Credit Line ✓ The Union Minister Gajendra Singh
Guarantee Scheme (ECLGS) limit by Rs. Shekhawat, Ministry of Jal Shakti (MoJS)
50,000 crore, from Rs. 4.5 lakh crore to Rs. 5 virtually launched the Jalaj initiative at 26
lakh crore. sites along rivers Ganga, Yamuna, Gomati,
iv.Interest Subvention of 1.5% Per Annum On Short Hooghly and Chambal in six states including
Term Agriculture Loan Upto Rs.3 Lakh Uttar Pradesh-UP (11 sites), West Bengal-
The TKDL database would be accessible via a paid WB (6), Bihar (5), Uttarakhand (2),
subscription model, with national and international Jharkhand (1) and Madhya Pradesh-MP (1
users being granted access in stages. along river Chambal).
✓ The government of India introduced ✓ The initiative involves setting up of small
Interest Subvention Scheme (ISS), now shops or floating mobile centres to promote
named Modified Interest Subvention livelihood on the banks of River Ganga. It is
Scheme (MISS), to provide short-term being implemented in association
credit to farmers at subsidized interest with Wildlife Institute of India (WII). Click
rates. Click here to read more. here to read more.

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Goa becomes 1st ‘Har Ghar Jal’ Certified ✓ Jharkhand became the 1st Indian state to
State & D&NH and D&D becomes 1st ‘Har implement blockchain technology which is
being used to track seed distribution.
Ghar Jal’ Certified UT in India
✓ This aims at reducing pilferage and avoids
Goa becomes the first ‘Har Ghar Jal’ certified State
spurious seeds that farmers receive through
while Dadra & Nagar Haveli and Daman & Diu
various government schemes including the
(D&NH and D&D) becomes the first ‘Har Ghar Jal’
seed exchange scheme.
certified Union Territory (UT) in India.
✓ Jal Jeevan Mission(JJM) is a flagship
programme of the Government of Steel Ministry extends PLI scheme for
India(GoI) announced on August 15, 2019. Specialty Steel to September 15, 2022
‘Har Ghar Jal’ is a flagship programme of The Union Ministry of Steel extended the last date
GoI, implemented by Jal Jeevan Mission for receipt of applications under the Production
under the Ministry of Jal Shakti. Linked Incentive (PLI) Scheme for Specialty Steel
✓ JJM aims to make provision of potable tap till September 15, 2022 from July 31, 2022.
water supply in adequate quantity, of ✓ In July 2021, the Union Cabinet approved
prescribed quality and on regular & long- the PLI Scheme for Specialty Steel in India
term basis to every rural household of the which will be implemented over FY 2024-
country by 2024. 25 to FY 2029-30 with a budgetary outlay of
Rs 6,322 crore.
Jharkhand Becomes First State in India ✓ 5 categories of specialty steel have been
chosen in the PLI Scheme viz. coated/plated
to Use Blockchain Technology for Seed
steel products, high strength/wear resistant
Distribution steel, specialty rails, alloy steel products
Jharkhand’s Directorate of and steel wires, and electrical steel.
Agriculture and SettleMint, a blockchain tech
company, implemented the distribution of seed to
farmers using a blockchain-based platform.

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Union Defence Minister Rajnath Singh BSF & IRCTC Signed MoU to ensure
Hands Over Indigenously Developed safety of booking data under Air E-
Equipment & Systems to Indian Army Ticket Service
Union Minister Rajnath Singh, Minister of Defence MoU b/w: Border Security Force (BSF) & Indian
(MoD), has handed over indigenously developed Railway Catering and Tourism
equipment and systems to the Indian Army in New Corporation (IRCTC)
Delhi, Delhi. Purpose: to ensure the safety and security of
✓ The equipment/systems have been jointly booking data for BSF personnel with low
developed by the Indian Army, Defence cancellation charges and provided an online portal
Public Sector Undertakings (DPSUs), with a credit facility of 60 days.
Defence Research & Development ✓ This will enable better facilities to the BSF
Organization (DRDO), and industry with a personnel who guard 3,323 km of India-
vision to modernize the Armed Forces Pakistan and 4,096 km India-Bangladesh
under the “AatmaNirbhar Bharat Abhiyan.” borders.
✓ He has also unveiled the Scales of
Accommodation (SoA) 2022, which Union Minister Parshottam Rupala
authorizes the construction of facilities for
Chaired 9th Governing Body Meeting of
the operational, functional, training,
administrative, living, and recreation needs NFDB
of Defence Services. Click Here to Read Union Minister Parshottam Rupala, Ministry of
More About the Details of the Equipment Fisheries, Animal Husbandry & Dairying, presided
& Systems Handed Over to The Indian over the 9th governing body meeting of
Army the National Fisheries Development
Board (NFDB), which was held in New Delhi, Delhi.
✓ During the event, Parshottam Rupala
India Hands Over Dornier Maritime released a book titled “Super Success
Surveillance Aircraft to Sri Lanka Navy Stories from Indian Fisheries” published
India presented a Dornier Maritime Surveillance by NFDB.
Aircraft (Dornier 228) to the Sri Lanka Navy in ✓ He also unveiled the online marketplace
the presence of Ranil Wickremesinghe, President of feature “Aqua Bazar” in the “MatsyaSetu”
Sri Lanka, during a special ceremony conducted at mobile app developed by ICAR-Central
the Sri Lanka Airforce base in Katunayake, Sri Institute of Freshwater Aquaculture (ICAR-
Lanka. CIFA), Bhubaneswar (Odisha) with funding
✓ The Dornier was presented as a response to from NFDB under the Pradhan
Sri Lanka’s request for two Dornier Mantri Matsya Sampada Yojana (PMMSY).
reconnaissance aircraft from India in 2018
to boost its maritime surveillance
Home Minister Amit Shah Inaugurated
capabilities.
✓ As a result, India would give Sri Lanka with the National Security Strategies
two Dornier aircraft manufactured by the Conference 2022 in New Delhi
state-owned Hindustan Aeronautics Limited Union Home Minister, Amit Shah inaugurated a 2-
(HAL). day National Security
Strategies (NSS) Conference 2022 in New Delhi,
Delhi. The NSS Conference 2022 was attended by
600 officers from across India, physically and
virtually.
✓ He also inaugurated the National
Automated Fingerprint Identification

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System (NAFIS) developed by National Purpose: for an exploration of oil and gas in the
Crime Records Bureau (NCRB). deep sea on India’s East and West coasts.
✓ The NCRB manages it at the Central ✓ They would focus on the Godavari –
Fingerprint Bureau (CFPB) in New Delhi. It Krishna basin on the East coast and Kutch
assigns a unique 10-digit National – Mumbai basin on the West coast.
Fingerprint Number (NFN) to each person
arrested for a crime. Vice Adm. Biswajit Dasgupta
inaugurated India’s 1st CISR at INS
Mercom India Research Report: India Karna
Adds a Record of 7.2 GW of Solar in the India’s first Composite Indoor Shooting
First Half of 2022 Range (CISR) was launched by Vice Admiral
India adds a record breaking 7.2 gigawatt (GW) of Biswajit Dasgupta, a serving Flag officer
solar installations in the first half of 2022, as per Commanding-in-Chief, Eastern Naval
the report released by Mercom India Research. Command (ENC), at Indian Naval Ship (INS) Karna
✓ Large-scale solar accounted for 90% of the on the Eastern Seaboard, near Bheemili,
installations, and rooftop accounted for the Visakhapatnam, Andhra Pradesh (AP).
remaining 10% during the reporting period
(2022). TDB-DST supports its 1st Aquaculture
✓ Rajasthan became the first state to cross 10
Project for Production of Tilapia Fish
GW of cumulative large-scale solar
Technology Development Board (TBD), a statutory
installations at the end of March 2022.
body under the Department of Science and
Technology (DST), supports Fountainhead Agro
Maharashtra’s Hydrogen Startup Farms Private Limited (FAFPL), Navi Mumbai,
Gets Indian Government’s Financial Aid Maharashtra for ‘Advanced, Intensive, All Male
of Rs 3.29 crore Tilapia Aquaculture Project with Israeli
Union Minister of State (Independent Charge) for Technology’.
Science & Technology, Jitendra Singh announced
the financial aid of Rs 3.29 crore to the Hydrogen MoS Jitendra Singh unveils CSIR-KPIT
startup from Maharashtra for indigenous developed India’s 1st Hydrogen fuel Cell
development of Hydrogen Sensing & Analysis
Bus In Pune
Technology.
Union Minister of State (MoS-Independent Charge)
✓ The aim of the National Hydrogen Mission
Dr Jitendra Singh, Ministry of Science & Technology
(NHM) is to help the government in meeting
(MoST) launched India’s first indigenously
its climate targets and make India a green
developed Hydrogen Fuel Cell Bus in Pune
hydrogen hub.
(Maharashtra).
MoU b/w: Technology Development Board (TDB)
✓ It is co-developed by the Council of
under Dept. of Science & Technology (DST) & Multi
Scientific and Industrial Research (CSIR)-
Nano Sense Technologies Pvt Ltd, Maharashtra
National Chemical Laboratory (NCL),
✓ Purpose: to support the manufacturing
Central Electrochemical Research Institute
of Hydrogen sensors indigenously.
(CSIR-CECRI), and KPIT Technologies
Limited, an Indian multinational
ONGC & ExxonMobil signed HoA for corporation headquartered in Pune,
Deepwater Exploration in Indian East Maharashtra.
and West coasts The MoS also inaugurated the Bisphenol-A (BPA)
Heads of Agreement (HoA) b/w: Oil and Natural pilot plant in CSIR-NCL which is developed by NCL
Gas Corporation Limited (ONGC) & ExxonMobil under CSIR’s Covid-19 mission program and Bulk
Corporation

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Chemicals mission program. Click here to read freedom fighter Shaheed Bhagat Singh for
more. collective contribution of both states.
✓ As Chandigarh is the joint capital of both the
GoI Grants GI Tag to Bihar Mithila states and Chandigarh Administration is
involved in the construction and
Makhana to Boost Farmers’ Income
modernisation of the airport, both sides
The Government of India (GoI) has
agreed to name Chandigarh international
awarded Mithila Makhana (Botanical name -
airport after Bhagat Singh.
Euryale Ferox Salisb) from Bihar a Geographical
✓ The Rs 485-crore airport project is a joint
Indication (GI) tag, which would enable farmers to
venture of the Airports Authority of India
get the maximum price for their premium produce.
(AAI) and the governments of Punjab and
✓ The GI has been registered under the name
Haryana.
of Mithilanchal Makhana Utpadak Sangh,
✓ Punjab and Haryana have 24.5 % share
facilitated by Bihar Agricultural University.
each while the AAI has 51 % share
✓ It is the 5th product from Bihar which is
given the GI Tag including Bhagalpur’s
Jardalu Mango, Katarni Dhaan (rice), Government targets to eliminate Kala-
Nawada’s Magahi Paan, and Muzaffarpur’s azar from Country by 2023
Shahi Litchi. Click Here to Know More The Government of India (GoI) has set a target to
Registered GIs completely eliminate Kala-azar, also known as
Visceral leishmaniasis (VL) by the year 2023.
GoI Launched Phase 2 Of Grameen ✓ Kala-azar is a Neglected Tropical
Disease (NTD) transmitted by the bite of
Udyami Project to Promote Skill
phlebotomine sandflies and is the deadliest
Development & Entrepreneurship parasitic killer after malaria.
Among Tribal Youth ✓ The NTD Road map of the World Health
The National Skill Development Corporation Organisation (WHO) has set a target to
(NSDC), in collaboration with Seva Bharti Kendra eliminate Kala-azar by 2030. India is now
and Yuva Vikas Society, has launched the Phase – ahead in controlling Kala-azar by the
2 of the Grameen Udyami Project, which aims to following year.
increase skill training in tribal communities in
order to promote equitable and sustainable growth.
Indian Navy & SAC ISRO signed MoU for
✓ The Rural Tribal Technical Training
Program (Grameen Udyami) is a unique
Cooperation on Satellite Based Naval
multi skilling project funded by the NSDC Applications in Oceanology &
that intends to train 450 tribal students in Meteorology
Madhya Pradesh and Jharkhand. The MoU b/w: Indian Navy (IN) & Space Applications
Grameen Udyami project is implemented Centre (SAC), under the aegis of the Indian Space
under the Sansadiya Parisankul Yojana. Research Organisation (ISRO), Ahmedabad, Gujarat
✓ NSDC is a non-profit public limited Purpose: on data sharing and cooperation on
corporation established on July 31, 2008, Satellite based Naval Applications in Oceanology
under Section 25 of the Companies Act, and Meteorology.
1956. Click here to read more.
Culture Ministry launched ‘Badhe Chalo’
Punjab & Haryana Agrees to Name Campaign under Azadi ka Amrit
Chandigarh International Airport Mahotsav
after Bhagat Singh The Ministry of Culture (MoC) launched the ‘Badhe
Punjab and Haryana agreed to name Chalo’ movement under Azadi ka Amrit
the Chandigarh International Airport after Mahotsav to create a youth-centric activation for

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greater outreach of Amrit Mahotsav. The Kapil Moreshwar Patil Releases SDG’s
campaign was held across 10 cities every day Anthem and Booklet
from 5th August to 11th August 2022. Union Minister of State (MoS) for Panchayati
✓ It aims to spread the message and spirit of Raj, Kapil Moreshwar Patil and Minister of Rural
the Amrit Mahotsav in an entertaining and Development & Panchayat,
enthusiastic manner. Punjab, Kuldeep Singh Dhaliwal inaugurated the
National Workshop on Localization of Sustainable
GoI Signs Headquarters Agreement with Development Goals (LSDGs) in Panchayats through
Coalition for Disaster Resilient Thematic Approach on ‘Village with Self-Sufficient
Infrastructure Infrastructure’ at Mohali, Punjab.
Headquarter Agreement (HQA) b/w: Coalition ✓ On the
for Disaster Resilient Infrastructure (CDRI) & occasion, Kapil Moreshwar Patil also
Government of India (GoI). released the SDG’s Anthem and Booklet and
Purpose: for granting CDRI the status of launched a Prime App and Punjab State
“Independent and International Legal Entity.” Rural Livelihood Mission (PSRLM) website.
✓ The CDRI was launched by India’s Prime
Minister (PM), Narendra Modi, on Godrej Agrovet signs MoUs with Assam,
September 23, 2019, during the United Manipur and Tripura to promote oil
Nations Climate Action Summit in New palm cultivation Under the NMEO-OP
York, United States (US).
scheme
✓ The CDRI is a global collaboration of
MoU b/w: Godrej Agrovet with Assam, Manipur
National Governments, United Nations (UN)
and Tripura state governments
agencies & programmes, Multilateral
Purpose: for the development and promotion of oil
Development Banks &Financing
palm cultivation in the region under the National
Mechanisms, the private sector, and
Mission on Edible Oils-Oil Palm (NMEO-OP)
academic & research institutions.
scheme.
✓ Under the agreement Godrej Agrovet will be
India’s First Private SSA Observatory to allotted land across Assam, Manipur and
Monitor Space Activity to Come Up in Tripura for promotion and development of
Uttarakhand sustainable palm oil plantations in the
Digantara, a Bengaluru (Karnataka)-based space region to support the farmers.
sector start-up, will establish India’s first ✓ Godrej Agrovet’s palm oil is currently
private Space Situational Awareness present in Andhra Pradesh, Telangana,
(SSA) observatory in Garhwal, Uttarakhand, to Tamil Nadu, Orissa, Goa, Maharashtra, and
track objects as small as 10 centimeters (cm) in size Mizoram.
orbiting the Earth.
✓ This regional first-of-its-kind commercial Nutrihub & Akshaya Patra Foundation
SSA observatory will assist India in ink an MoU under PM POSHAN Scheme
monitoring all space activity, including that MoU b/w: Akshaya Patra Foundation (APF) &
of military satellites orbiting the region and Nutrihub, a technology Business Incubator hosted
space debris. by the Indian Council of Agricultural Research
✓ Digantara will be able to support its space- (ICAR)-Indian Institute of Millets Research (IIMR)
based sensors in their mission to monitor Purpose: to promote balanced and healthy diets
satellites and debris in orbits spanning from through the sustainable production and
Low Earth Orbit (LEO) to Geosynchronous consumption of climate-resilient and nutritious
Earth Orbit (GEO) with the establishment of millet in various feeding programme and
the observatory.

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integration of millets under Pradhan Mantri Poshan India nominates GARBA to be inscribed
Shakti Nirman (PM POSHAN). on UNESCO’s Intangible Cultural
✓ The partnership Akshaya Patra and
Heritage List
Nutrihub is to collaborate on millet
India has nominated dance form Garba to be
products or grains to provide mid-day
inscribed on the United Nations Educational,
meals in various states. The test project is
Scientific and Cultural Organization (UNESCO)’s
set to be launched in some schools in
intangible cultural heritage list.
Bengaluru and Hyderabad.
✓ Garba is a Gujarati folk dance and is
performed during Navratri, a nine-night
IREDA Signs MoU with MAHAPREIT to festival in Gujarat.
Provide Loans for Green Energy Projects ✓ India got elected to UNESCO Panel On
MoU b/w: Indian Renewable Energy Intangible Cultural Heritage for 2022-2026
Development Agency Ltd (IREDA), a Public Sector cycle to serve on the distinguished
Undertaking (PSU) under the Ministry of New & Intergovernmental Committee of the 2003
Renewable Energy (MNRE) Convention for the Safeguarding of the
& Mahatma Phule Renewable Energy and Intangible Cultural Heritage (ICH).
Infrastructure Technology Ltd (MAHAPREIT),
Maharashtra. Union Minister Jitendra Singh says
Purpose: to provide loans for green energy
Country’s Bioeconomy to grow from 70
projects.
✓ This is the ninth MoU that IREDA has signed billion to 150 billion US dollars by 2025
since 2020 to offer consulting services for Union Minister of State Science & Technology, Dr
sustainable development in India. Jitendra Singh stated India’s Bioeconomy will
✓ MAHAPREIT is a fully-owned subsidiary of grow from 70 billion to 150 billion US dollars by
the Mahatma Phule Backward Classes 2025 during the announcement of 75 “Amrit”
Development Corporation (MPBCDC), Grants for Biotech initiatives.
which is 49.0 % held by the Government of He also stated that the Department of
India (GoI) and 51.0% owned by the Biotechnology (DBT)-Biotechnology Industry
Maharashtra Government. Research Assistance Council (BIRAC) “75 Amrit
✓ IREDA: CMD – Pradip Kumar Das; Team Grant Initiative” will boost the Prime
Establishment – 1987; HQ – New Delhi, Minister’s call for “Jai Anusandhan”.
Delhi
Over 75 lakh cases across Rajasthan
Uttar Pradesh Govt Builds India’s First cleared by ‘Digital Lok Adalat’ for the
Education Township first time in India
Government of Uttar Pradesh (UP) is set to The State Legal Services of Rajasthan and
build India’s First Education Township with an idea Maharashtra authorities had launched the ‘Digital
of ‘Single Entry, Multiple Exit’. Lok Adalat’ in the respective states as part of the
✓ This education township will provide high- third National Lok Adalat of 2022.
quality education to the youth and also ✓ This digitalisation was launched during the
equip them with various professional skills 18th All India Legal Services Authorities’
in a single place along with accommodation meet by the Chairman and Supreme Court
facilities. Judge of the National Legal Services
✓ The township focusing on “High-end Authority, Justice Uday Umesh Lalit.
education” will also cater to students from
African, Latin American and Central Asian
countries.

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Piyush Goyal unveils the gift catalogue of Product’ (ODOP) in digital version on 5th August
‘One District-One Product’ in digital 2022, during the meeting with Export Promotion
Councils and Industry Association at Vanjiya
version
Bhawan, New Delhi, Delhi.
Union Minister of Commerce and Industry, Piyush
Goyal unveils the gift catalogue of ‘One District-One

INTERNATIONAL AFFAIRS

Forbes Asia’s 200 Best Under A Billion India & Malaysia Concludes Four-day
2022 Ranking: India Ranks 4th With 24 Bilateral Air Exercise – ‘Udarashakti‘
Firms India & Malaysia concluded the four-
According to Forbes Asia’s 200 “Best Under A day military exercise ‘Udarashakti’, which was
Billion” 2022 Ranking, 24 Indian between the Indian Air Force (IAF) and the host
companies made the list, a decrease from 26 in country Royal Malaysian Air Force (RMAF).
2021. This placed India in fourth place among Asian ✓ The exercise began on 16th august 2022 at
countries, one spot ahead of China, which had 22 the RMAF Air Base Kuantan, Malaysia.
firms on the list. ✓ The Su-30 MKI and C-17 aircrafts from the
✓ Forbes Asia’s 2022 edition of the best 200 IAF and Su-30 MKM aircraft from the
mid-sized companies in the Asia-Pacific Malaysian force participated in the air
region includes publicly listed companies exercise.
with yearly revenue of less than one billion
dollars. Scotland Becomes First Country to Make
Rank Country No. of Companies Period Products Free for All
1 Taiwan 30 The Scottish government became the 1st
country in the world to legally protect the right to
2 Japan 29
access free period products by passing a law,
3 South Korea 27 the Period Products (Free Provision) (Scotland)
4 India 24 Act 2021 that came into force on 15th August
2022.
5 China 22
✓ The bill on free period products which was
Click here to read more.
passed unanimously in 2020, was
introduced by Scottish Parliament
UK– the first country to approve COVID- lawmaker Monica Lennon, who had
19 booster vaccine targeting Omicron campaigned against ‘period poverty’.
strains ✓ Scotland: First Minister of Scotland
The United Kingdom (UK) has become – Nicola Ferguson Sturgeon; Capital
the first country to approve Moderna’s – Edinburgh; Currency – Pound Sterling.
‘bivalent’ Covid-19 vaccine that tackles both the
original virus strain from 2020 and the Omicron 9th Meeting of India-Thailand Joint
BA.1 variant. Commission held in Bangkok,
✓ The Medicines and Healthcare Products
Thailand; MoUs Signed
Regulatory Agency (MHRA) has approved
From August 16-18, 2022, Union Minister
Moderna’s bivalent which meets its
Subrahmanyam (S.) Jaishankar, Ministry of External
standards of safety, quality and
Affairs (MEA) of India paid an official visit to
effectiveness.
Bangkok, Thailand to attend the 9th Meeting of
India-Thailand Joint Commission (JCM) 2022.

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✓ The meeting was co-chaired by MEA Indian Navy Warships on Sail to 6


Minister S. Jaishankar along with Don Continents to Celebrate 75 years of
Pramudwinai, Deputy Prime Minister and
Independence
Minister of Foreign Affairs of the Kingdom
In a first-of-its-kind effort, the Indian Navy Ships
of Thailand.
(INS) (warships) set sail to 6 continents – North
✓ Notably, India’s 75th anniversary of India’s
America, South America, Europe, Africa, Asia, and
Independence also coincided with the
Australia – as a part of the celebration of 75 years
75th anniversary of establishment of India-
of Independence of India (“Azadi Ka Amrit
Thailand diplomatic relations.
Mahotsav”).
✓ Thailand: India’s Ambassador to
• Patrol vessel INS Sumedha docked at Perth
Thailand– Suchitra Durai; Currency– Thai
in Australia.
Baht; Capital– Bangkok. Click here to read
• INS Saryu entered the Changi Naval Base in
more.
Singapore.
• Stealth-guided missile destroyers INS
IAF Visits Australia to Participate in Chennai and INS Kochi entered Muscat
Exercise Pitch Black 2022 harbour in Oman.
An Indian Air Force (IAF) contingent of over 100 • Talwar-class frigate INS Tabar
air warriors has arrived in Australia to participate (F44) arrived at Mombasa, Kenya.
in Exercise Pitch Black 2022, with 4 Sukhoi-30 • INS Tarkash docked at Rio De Janerio in
MKI (Su-30 MKI) fighters and 2 C-17 Globemaster- Brazil.
III aircraft. Pitch Black 2022 is scheduled to take • INS Satpura docked at San Diego Harbour,
place in Darwin, Australia, from August 19 to the USA.
September 8, 2022. • The Made-in-India naval ship INS
✓ Pitch Black is a biennial three-week multi- Tarangini, docked at Thames Quay in east
national exercise hosted by the Royal London, UK. Click here to read more.
Australian Air Force (RAAF).
✓ The 2022 edition is primarily carried out
from RAAF Bases Darwin and Tindal. The
15th International Olympiad on
2022 edition will also include RAAF Base Astronomy and Astrophysics 2022: India
Amberley, located near Ipswich, Australia. Ranks Third, With 3 Gold Medals & 2
✓ Australia: PM – Anthony Albanese; Silver Medals
Capital – Canberra; Currency – Australian India came in third at the 15th International
Dollar (AUD). Olympiad on Astronomy and Astrophysics (IOAA)
2022, which took place from August 14 – 21, 2022
in Kutaisi, Georgia. The IOAA is an annual contest
for students in higher secondary education.
✓ India and Singapore were tied for third
place in the medal count. Iran’s official team
(5 Golds) won the top spot followed by
Iran’s Guest team (4 Golds, 1 Silver).

BANKING & FINANCE

Yes Bank Partners with SellerApp to Purpose: to encourage the seller segment of its
Facilitate Adoption of ONDC client base to adopt Open Network Digital
Partnership b/w: Yes Bank partnered Commerce (ONDC) and help in expanding their
with SellerApp, a seller-centric intelligence digital commerce footprint.
platform

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✓ This partnership will ✓ SBI: Chairman – Dinesh Kumar Khara; HQ


complement Technology-First – Mumbai, Maharashtra
A.R.T (Alliances, Relationship &
Technology) approach that benefits the BYD India Signs MoU with HDFC Bank
customers with better data insights and for Stock Financing Solution
wider access to the market by moving from MoU b/w: Build Your Dreams (BYD) India
a platform-centric model to an open- Private Limited, a subsidiary of the Warren
network model. Buffett-backed New Energy Vehicle manufacturer
BYD, with HDFC Bank
Karnataka Bank Launches New Deposit Purpose: towards a stock financing solution to its
Scheme as Part of pan India dealer network.
‘Azadi Ka Amrit Mahotsav’ ✓ Through this partnership, HDFC Bank’s
Karnataka Bank has commitment in becoming carbon neutral by
introduced KBL Amrit Samriddhi, a New Term FY 2031-32 will move a step ahead and also
Deposit Scheme under Abhyudaya Cash Certificate brings the OEM, dealers and financiers
(ACC) and Fixed Deposit (FD) for a tenure of 75 together for creating an ecosystem that
weeks (525 days), in accordance with the 75th enables customers to purchase their
anniversary of India’s independence as part of Electric Vehicle.
Azadi Ka Amrit Mahotsav. This deposit scheme has
an annual interest rate of 6.10%. Baroda Tiranga Deposit: Bank of Baroda
✓ Currently, the bank offers a 5.50% interest launches Special FD Scheme
rate on fixed deposits (FDs) of less than To celebrate 75 years of India’s independence, the
Rs. 2 crore to the general public, a 5.65% public sector lender Bank of Baroda (BoB) on
rate for tenures of 2 to 5 years, and a 5.70% August 16, 2022, has launched the ‘Baroda
rate for maturity periods of more than 5 Tiranga Deposit Scheme’ for a limited time period
years and up to 10 years. i.e. till December 31, 2022. It applies to retail
✓ Karnataka Bank: MD & CEO – deposits under Rs 2 crore. It is a Special Fixed
Mahabaleshwara MS; Establishment – Deposit (FD) scheme offering a higher interest rate
1924; HQ – Mangaluru, Karnataka for subscribers.
✓ It is available in two tenor buckets offering
SBI Launches Utsav Fixed Deposit interest rates of 5.75% per annum for 444
Scheme on 76th Independence Day days and 6% per annum for 555 days.
State Bank of India (SBI) has launched a unique ✓ Under this scheme, senior citizens will earn
term deposit programme called ‘Utsav Deposit’ an additional interest rate of 0.50% per
scheme on the occasion of India’s 76th year of annum. Non-Callable Deposits will also get
Independence, which is celebrated as Azadi Ka 0.15% per annum extra.
Amrit Mahotsav. ✓ BoB: MD & CEO– Sanjiv Chadha;
✓ This is a fixed deposit (FD) scheme with Establishment– 1908; HQ– Vadodara,
higher interest rates that is effective from Gujarat. Click here to read more.
15th August 2022 and the scheme is valid
for a period of 75 days. Axis Bank Signs MoU with Food
✓ In addition, SBI has mentioned a ‘A special Corporation of India
SBI WecareDeposit’ for Senior Citizens, MoU b/w: Axis Bank & Food Corporation of
under which, eligible senior citizens will get India (FCI)
an additional interest rate of 0.50 percent Purpose: to provide ‘Ultima Salary package’, a
over and above the regular interest rates. salary account with exclusive benefits & features to
all its employees.

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✓ With this MOU, Axis Bank will offer holistic Mirae Asset Mutual Fund launches 2
banking services to the employees of Public funds on Electric, Autonomous Vehicles
Sector Undertakings (PSUs).
and AI themes
✓ FCI: MD – Subodh Kumar Singh;
Mirae Asset Mutual Fund has launched two new
Establishment – 1965; HQ – New Delhi,
funds viz. Mirae Asset Global Electric &
Delhi
Autonomous Vehicles ETFs Fund of Fund (FoF) and
Mirae Asset Global X Artificial Intelligence and
RBI directs loan recovery agents not to Technology ETF Fund of Fund (FoF). ETF stands for
intimidate borrowers Exchange Traded Funds.
The Reserve Bank of India (RBI) issued new rules ✓ These are the first such funds based on
restricting the loan recovery agents from harassing companies involved in future technology to
the borrowers and calling them before 8 am and be launched in India in the mutual fund
after 7 pm. industry.
✓ The circular also applies to all commercial, ✓ Each new fund offers opened for
regional and rural, small finance banks, and subscription on August 16 and will close on
non-banking financial companies including 30 August. The funds will be managed
housing finance companies, except by Siddharth Srivastava, head – ETF
payments banks and Mutual fund business. products, Mirae Asset Investment Managers
(India) Pvt Ltd.
SBI Launches India’s 1st start-up ✓ CEO of Mirae Asset Investment Managers
Dedicated Branch in Bengaluru (India) Pvt Ltd (Mirae AMC) –
The State Bank of India (SBI) launched India’s first Swarup Mohanty
state-of-the-art start-up dedicated branch in
Koramangala in Bengaluru, Karnataka. This will Edelweiss MF Launches India’s First
serve as a one-stop shop for all start-ups and Gold and Silver Fund Scheme
corporates in Karnataka. Edelweiss Mutual Fund (MF), an Asset
✓ Two more branches will be opened in Management Company (AMC) launches Edelweiss
Gurgaon, Haryana and in Hyderabad, Gold and Silver Exchange-Traded Fund (ETF) Fund
Telangana. of Fund, India’s first fund offer scheme that offers
✓ The branch would act as a hub with various exposure to gold and silver through a single fund on
stakeholders offering a one-stop solution to 24th August 2022.
the corporates and start-ups starting from ✓ Edelweiss Gold and Silver ETF Fund of Fund
the formation of the entity till the Initial is an open-ended Fund of Fund scheme
Public Offerings (IPOs) and Follow on investing in units of Gold ETF and Silver
Public Offers (FPOs) of the companies. ETF.
✓ In September 2021, the Securities and
NABARD Signs MOU with J&K Grameen Exchange Board of India (SEBI) allowed MF
Bank to Finance 700 JLGs in J&K & houses to introduce silver ETFs in the
Ladakh Indian market.
MoU b/w: National Bank for Agriculture and Rural ✓ Edelweiss Mutual Fund – MD & CEO
Development (NABARD), Jammu & Kashmir (J&K) – Radhika Gupta; Establishment – 2009;
regional office and J&K Grameen Bank HQ – Mumbai, Maharashtra
Purpose: for promotion and financing of 700 Joint
Liability Groups (JLGs) in the conference hall of ReNew Power Raises USD 1
NABARD, J&K Regional Office. Billion Through ECB for Battery-Enabled
✓ NABARD will provide promotional grant Project
support of Rs. 4000 per JLG to J&K Gurgaon-based ReNew Power has raised a USD 1
Grameen Bank. billion project loan through External Commercial

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Borrowings (ECB) in partnership with 12 ✓ AIFs can invest in securities of companies


international banks for the finance. incorporated outside India. On the other
✓ This is the single largest renewable energy hand, VCFs are allowed to make
project with 1,300 MW capacity with investments in off-shore venture capital
round-the-clock (RTC) power supply, undertaking, subject to certain conditions.
battery enabled hybrid capacity. Click Here for Official Release
✓ ReNew Power will use the funding of 1 ✓ SEBI: Chairperson– Madhabi Puri Buch;
billion for its upcoming hybrid battery- Establishment– 1992; HQ– Mumbai,
enabled RTC project. Maharashtra
✓ It has signed a power purchase agreement
(PPA) with the Solar Energy Corporation of RBI Cancels Licence of Deccan Urban Co-
India (SECI) which will set up wind and
operative Bank
solar projects in Karnataka, Rajasthan, and
The Reserve Bank of India (RBI) cancelled the
Maharashtra under RTC.
licence of Deccan Urban Co-operative Bank
Limited, Vijayapur, Karnataka as it does not have
Paytm & Samsung unite to deploy smart adequate capital and earning prospects.
PoS devices across India ✓ The bank is prohibited from conducting
Paytm, a digital finance company, partnered with the ‘business of banking’ as defined in
Samsung stores across India to enable smart Section 5(b) read with Section 56 of the
payments and its loan service Paytm Postpaid Banking Regulation Act, 1949
through distribution of Point of Sale (PoS) smart with immediate effect.
devices. ✓ As per the data, more than 99 percent of
✓ This partnership enables the consumer to the depositors are entitled to receive the
purchase Samsung’s authorised products by full amount of their deposits from Deposit
using Paytm transaction, which includes Insurance and Credit Guarantee
Unified Payment Interface (UPI), wallet, Corporation (DICGC).
debit cards and credit cards, and the buy ✓ RBI: Governor – Shaktikanta Das;
now pay later scheme. Establishment – 1935; HQ – Mumbai,
Maharashtra
IOB issued special variant debit
card “IOB Rupay Select Card” by Indian Coast Guard Signs MoUs with 8
celebrating Independence Day Banks Including IDFC First Bank
Indian Overseas Bank (IOB), a major Indian MoU b/w: Indian Coast Guard (ICG) with eight
nationalised bank, has launched a special variant of banks including Axis Bank, HDFC Bank, Yes Bank,
the debit card “IOB Rupay Select Card”, that can be Punjab National Bank (PNB), IDFC First Bank, and
used for domestic and international payments. The ICICI Bank etc.,
card was released on the occasion of Independence Purpose: to provide customized banking services
Day at the Central Office Chennai, Tamil Nadu. for its personnel deployed across India for the
welfare of its troops.
SEBI issued Guidelines for Overseas ✓ ICG inked these MoUs with these banks in
Investment by AIFs, VCFs order to provide customised services to its
The Securities and Exchange Board of India (SEBI) employees, withthe well-being and welfare
issued new guidelines for Alternative Investment of the troops as key purposes. It aims to
Funds (AIFs) and Venture Capital Funds (VCFs) for obtain special salary accounts from the
making investment abroad, under which overseas banks.
investee firms won’t need to have an Indian ✓ ICG: Director General Indian Coast
connection. Guard (DGICG) – Director General VS

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Pathania; Establishment – 1977; HQ – New SEBI joins RBI’s AccountAggregator


Delhi, Delhi. System
The Securities and Exchange Board of India
Aegon Life Insurance launches (SEBI) joined the Account Aggregator (AA)
#PlayForOurHeroes campaign to raise framework that will give a boost to the Reserve
fund for AFFDF Bank of India (RBI)-regulated Financial-Data
Life Insurance Company Aegon Life Insurance Sharing System.
Company (ALIC) has ✓ This will allow customers to share
launched ‘#PlayForOurHeroes’ campaign in order information about their mutual fund and
to celebrate the 75th Independence Day. stock holdings with financial service
✓ The campaign uses gamification to create providers.
awareness about insurance and raise funds ✓ This account aggregator framework will
for Armed Forces Flag Day Fund (AFFDF). make the entire trading system, depository
system, and mutual fund system, online.
✓ Notably, all the 12 Public Sector
Karnataka Bank Launches New Term
Banks (PSBs) joined the AA Framework.
Deposit Scheme KBL Amrit Samriddhi
under ACC Indians Remitted USD 6 Billion in
Mangaluru-based Karnataka Bank has come up
Q1FY23 Under LRS Scheme: RBI Data
with a new term deposit scheme called “KBL Amrit
According to the latest Reserve Bank of India (RBI)
Samriddhi” under Abhyudaya Cash
data, remittances by Indians under the Liberalised
Certificate (ACC) and Fixed Deposit (FD) category.
Remittance Scheme (LRS) increased 64.75 % to
✓ The bank has offered the term deposit
over USD 6.04 billion in the first quarter (Q1) of
scheme for 75 weeks (525 days) with the
fiscal year 2022-23 (FY23), up from USD 3.67
interest rate on the Deposit Scheme of
billion in Q1FY22.
6.10% per annum.
✓ The Liberalised Remittance Scheme (LRS)
was launched on February 4, 2004, with an
Central Bank of India Forms a Co- initial ceiling of USD 25,000.
Lending Partnership ✓ The scheme allows all residents, including
with Protium Finance & Incred Financial minors, to freely remit up to USD 250,000
Services each fiscal year for any permitted current or
Co-Lending Partnership b/w: Central Bank of capital account transaction, or combination
India with Protium Finance and InCred Financial of both.
Services Limited (IFSL) [Formerly “KKR India ✓ International travel contributed USD 2.92
Financial Services Limited”] billion of the USD 6.04 billion remitted
Purpose: to provide loans to Micro, Small and under LRS in Q1FY23, accounting for over
Medium Enterprises (MSMEs) borrowers. 48.0% of the total amount remitted.
✓ Protium Finance would generate and
handle MSME proposals under the priority IRDAI set to launch upgraded version of
sector, with the Central Bank of India IGMS as ‘Bima Bharosa’
booking 80 % of such loans. The Insurance Regulatory and Development
✓ Similarly, Incred Financial Services Limited Authority of India (IRDAI) is set to launch the
(IFSL) will prioritize MSME loan origination upgraded version of Integrated Grievance
and processing, with the Central Bank of Redressal System (IGMS), as ‘Bima Bharosa’, an
India booking 80 % of such loans. updated version of the grievance redressal
✓ Central Bank of India: MD & CEO – mechanism.
Matam Venkata Rao; Establishment – ✓ Bima Bharosa will be in a time- bound
1911; HQ – Mumbai, Maharashtra manner for customers and messages will be

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sent to the petitioner’s mobile or e-mail ID ✓ This project is aligned with the objectives
after the complaint registration. of Jal Jeevan Mission which aims to
provide piped water to all rural households
GoI in consultation with by 2024 and also strengthens Jal Shakti
RBI framed Foreign Exchange Vibhag, an initiative of government of HP
and gram panchayat village water and
Management (Overseas Investment)
sanitation committees.
Rules, 2022 ✓ ADB: President – Masatsugu Asakawa;
In line with the amendment in the Foreign Establishment – 1966; HQ – Mandaluyong
Exchange Management Act 2015, Outward City, Metro Manila, Philippines; Members
Investments Rules, officially called, ‘Foreign – 68 members (49 from Asian and the
Exchange Management (Overseas Investment) Pacific and 19 outside)
Rules, 2022’ have been framed by the Government
of India (GoI) in consultation with the Reserve Bank
of India (RBI). They are applicable w.e.f. August 22,
HDFC Bank Opens its First All-Women
2022. Branch in Kozhikode, Kerala
✓ As per the amendment, the net worth of a HDFC Bank opened its first all-women branch at
registered partnership firm or LLP (Limited Cherootty Road, Kozhikode, Kerala (north Kerala
Liability Partnership) will be the sum of the region) with an aim to enhance gender diversity
capital contribution of partners and in banking sector.
undistributed profits of the partners after ✓ With this opening, there are a total of 245
deducting therefrom the aggregate value of bank branches in Kerala.
the accumulated losses, deferred ✓ As on March 31, 2022, women constituted
expenditure, and miscellaneous 21.7 % of the workforce and the target is to
expenditure not written off, as per the last increase it to 25 % by 2025.
audited balance sheet. ✓ HDFC Bank: MD& CEO
✓ The rules guide about the investment by a – Sashidhar Jagdishan; Established – 1994;
person resident in India in the equity capital HQ – Mumbai, Maharashtra
of a foreign entity which is classified as ODI
(Overseas Direct Investment). Muthoot Finance Launches Milligram
✓ No person resident in India can make a Reward Programme for Customers
financial commitment to a foreign entity Muthoot Finance Limited has launched Milligram
that has invested or invests in India. Click Reward Programme for its customers where the
here to read more. customers will be rewarded with a certain amount
of milligram reward points for transactions with
ADB Provide USD 96.3mn Loan to the company.
Improve Water Supply & Sanitation in ✓ With this launch, Muthoot Finance becomes
HP the first gold loan NBFC (Non-banking
Loan Agreement b/w: Government of Financial Company) to launch such a new
India (GoI) & Asian Development Bank (ADB) reward programme.
Purpose: A USD 96.3 million (around Rs 769 ✓ This is a 2-year programme which will be
crores) loan agreement to provide safe drinking run in 24 carat gold for the first time in
water, improve water supply and sanitation in India.
Himachal Pradesh (HP). ✓ Muthoot Finance: MD – George Alexander
Muthoot; Establishment – 1939; HQ
– Kochi,Kerala

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ECONOMY & BUSINESS

Ratan Tata unveils the startup NHPC Ltd signs MoU with BEL to set up
‘Goodfellows’ for Senior Citizen Solar Equipment Manufacturing Facility
Tata Group Chairman Emeritus Ratan Tata has MoU b/w: NHPC Limited (formerly known as
unveiled the new start-up ‘Goodfellows’ designed National Hydroelectric Power Corporation) &
to provide companionship services to senior Bharat Electronics Limited (BEL)
citizens with young graduates. Purpose: to set up a large capacity solar equipment
✓ Goodfellows was founded by Shanthanu manufacturing facility.
Naidu, the General Manager at the Office of ✓ Under the agreement, the GigaWatt Scale
RNT (Ratan Naval Tata). Vertically Integrated solar manufacturing
unit will be established.
✓ NHPC Ltd: CMD - Abhay Kumar Singh;
Founded-1975; HQ- Faridabad, Haryana

AWARDS & RECOGNITIONS

Tamil Nadu Police Have Been Awarded followed by Sandeep Bakhshi MD and CEO
President’s Colour by Vice President of ICICI Bank (RS 7.08 crore) and
Sashidhar Jagdishan MD and CEO of HDFC
Venkaiah Naidu
Bank (Rs 6.51 crore).
Vice-President of India Muppavarapu Venkaiah
✓ Executive Director of HDFC Bank, Kaizad
Naidu presented the distinguished award
Bharucha is the highest paid banker of
“President’s Colour” for the Tamil Nadu (TN) Police
FY22, received Rs 10.64crore remuneration
to M.K. Stalin, Chief Minister(CM) of TN at
in FY22, mainly due to Rs 4.46 crore as a
Rajarathinam Stadium, Chennai, TN.
performance bonus.
✓ TN Police has become the first state in
South India and among the 10 other states
in India to showcase the honours.
Union Minister of Coal, Pralhad Joshi
✓ The Indian Navy was the first Indian Armed distributed Coal Minister’s Awards for
Force to be awarded the President’s Colour 2021-22
by Dr. Rajendra Prasad in 1951. Union Minister of Coal, Mines and Parliamentary
✓ “President’s Colour” is the highest honour Affairs, Pralhad Joshi addressed the 2nd edition
given to the Military, Paramilitary and of Coal Minister’s awards ceremony in New Delhi,
Police forces of States and Union Delhi. He pointed out that the coal sector played
Territories. a crucial role in ensuring energy security of India.
✓ Mahanadi Coal Fields Ltd (MCL) bagged the
Axis Bank CEO Amitabh Chaudhry, is the first prize in three categories– Safety,
top paid bank CEO in India Production & Productivity, and Quality.
Amitabh Chaudhry, Managing Director (MD) and ✓ The first prize in the Sustainability category
Chief Executive Officer (CEO) of Axis Bank Ltd, has won by Western Coalfields
topped among the highest paid MD & CEOs of India Limited (WCL), Northern Coalfields
in the fiscal year 2022(FY22). He received a total Limited (NCL) won first prize in
payment of Rs 7.63 crore in FY22, including his implementation of ERP (Enterprise
performance pay of Rs 89 lakh. resource planning).
✓ Sumant Kathpalia MD & CEO of IndusInd ✓ Central Coalfields Limited (CCL), a
Bank, was the 2nd highest paid MD&CEO, Jharkhand- based subsidiary of CIL, bagged
with Rs 7.3 crore remuneration in FY22, the award under Safety and Sustainability
category.

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MCA Announces Winners & Honourable and above Rs.


Mentions of National CSR Awards 2020 1 crore and
less than
The Ministry of Corporate Affairs (MCA) has
Rs.10 crores
announced the winners and honourable mentions
Companies
of the National Corporate Social Responsibility
having Wingify
(CSR) Awards 2020 which recognises the eligible CSR Software
businesses that have contributed to the Spend below Private Tata Motors Finance
improvement of the society through their creative Rs. 1 crore Limited Limited
and sustainable CSR activities. Click here to read more.
Winners and Honourable Mentions of National
CSR Awards 2020: 2022 Liberty Medal will be awarded to
Honourable Ukrainian President Volodymyr
Sub Category Winner Mention
Zelensky
Corporate Awards for Excellence in CSR The 2022 Liberty Medal is set to be awarded to the
Companies Ukrainian President Volodymyr Zelensky. He will
having Housing be honoured at the National Constitution
eligible CSR Hindustan Development Centre (NCC), Philadelphia, United States in
Spend equal Petroleum Finance
October 2022.
and above Rs. Corporation Corporation(HDFC)
100 crores Limited Limited ✓ Zelensky will be honoured “for his heroic
Companies defence of liberty in the face of Russian
having Tyranny” by recognizing his heroism,
eligible CSR courage, and bravery.
Spend equal ✓ He is also the recipient of The Ronald
and above Rs. Reagan Freedom Award 2022 & John F.
10 crores and Kennedy Profile in Courage Award 2022.
less than Rs. Tata Steel Tech Mahindra
✓ The Liberty Medal is an annual award by
100 crores Limited Limited
the NCC of the United States (US),
Companies
established in 1988 to commemorate the
having Honeywell
eligible CSR CRISIL Automation India bicentennial of the U.S. Constitution. It was
Spend equal Limited Limited found by the Philadelphia Foundation

APPOINTMENTS & RESIGNATIONS

Kenya’s Deputy President William Ruto candidate to win the Presidency at first
Wins Presidential Poll attempt.
Deputy President of ✓ He is the leader of the United Democratic
Kenya, William Samoei Alliance party under the Kenya Kwanza
Arap Ruto won the (Kenya First) coalition. He has been serving
Presidential Election 2022. as the Deputy President of Kenya since
He defeated his rival 2013.
former Prime ✓ Kenya: Capital- Nairobi; Currency- Kenyan
Minister Raila Odinga. He shilling; President- Uhuru Kenyatta
will be succeeding 4th
President Uhuru Kenyatta. Central Govt. appoints Rajkiran Rai as
✓ He becomes Kenya’s first sitting Deputy MD of NaBFID for nearly 5 years
President to succeed the incumbent The Central Govt. and the board of the National
following competitive elections and first Bank for Financing Infrastructure and Development

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(NaBFID) appointed MCA Secretary Rajesh Verma appointed


Rajkiran Rai G. as its as Secretary to the President Murmu
Managing Director (MD) Rajesh Verma, a 1987-batch Odisha-cadre IAS
for five years (2022- officer has been appointed as the Secretary to the
2027). President of India Droupadi Murmu by the
✓ He took the charge of Appointments Committee of the Cabinet (ACC). He
MD on August 8 2022, will replace the incumbent Kapil Dev Tripathi, a
and will hold the top 1980-batch IAS officer.
post till May 18, 2027. ✓ Rajesh Verma currently serves as Ministry
✓ In October 2021, the government appointed of Corporate Affairs Secretary (MCA).
veteran banker KV Kamath as the
chairperson of the NaBFID for three years.
GoI extends tenure of Meenesh Shah as
NDDB Chairman for 6 months
Mastercard appointed Lakshya Sen,
The Government of India (GoI) extended the tenure
Kidambi Srikanth, Satwiksairaj of Meenesh C Shah, an
Rankireddy and Chirag Shetty as Brand Executive Director (ED)
Ambassadors of National Dairy
Mastercard Inc. is an American multinational Development Board
financial services corporation, has appointed Indian (NDDB) to hold charge as
badminton players Lakshya Sen, Kidambi the Chairman of NDDB for
Srikanth, Satwiksairaj Rankireddy and Chirag another six months until
Shetty as brand ambassadors of Mastercard in November 30, 2022.
India. ✓ Maneesh C Shah has been holding the
✓ The new ambassadors will partner with charge as NDDB Chairman since 1st June
Mastercard to spread awareness about the 2021.
safety, security, and convenience of digital ✓ India will host the world’s biggest dairy
payments in India. conference, International Dairy Federation
✓ The badminton players will be a part of (IDF) World Dairy Summit 2022 in New
Mastercard’s Team Cashless India Delhi during September 12-15, 2022.
campaign, which works with merchants and ✓ NDDB: Founder- Verghese Kurien;
cardholders to create awareness of the Established- 1965; HQ– Anand, Gujarat
safety, security, and convenience of digital
payments. Alkesh Sharma Nominated to UN
✓ Mastercard: CEO- Michael Miebach; HQ-
Internet Governance Leadership Panel
New York, United States; Founded- 1966
United Nations Secretary-
General Antonio
Airtel re-appoints Gopal Vittal as MD & Guterres has
CEO for 5 years with the support of appointed Alkesh Kumar
Shareholders Sharma, Secretary of the
Bharti Airtel’s (Airtel) shareholders have Union Department of
reappointed Gopal Vittal as the Managing Director Electronics and
(MD) and Chief Executive Officer (CEO) of Bharti Information Technology,
Airtel for the span of five years with the effect from to the 10-member Internet Governance
February 1, 2023 to January 31, 2028. Forum (IGF) Leadership Panel.
✓ Gopal Vittal was first appointed as CEO of ✓ Vint Cerf, an Internet pioneer and Maria
Airtel on March 1, 2013, then he was re- Reesa, Nobel Prize-winning journalist were
appointed with effect from February 2018 also appointed to the Panel.
for 5 years, (up to January 31, 2023).

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✓ The IGF Leadership Panel also has 5 ex- significant majority


officio members, including Amandeep Singh voting of 99.67 % by the
Gill, the UN Secretary-General’s Envoy on shareholders.
Technology. The members will have a ✓ He will be
tenure of 2 years, from 2022 to 2023. designated as Managing
Director (MD) and Chief
Paytm Reappoints Vijay Shekhar Sharma Executive
as MD & CEO for Five Years Officer (CEO) of the
Paytm has reappointed Vijay Shekhar Sharma as company and his
the Managing Director (MD) and Chief Executive remuneration is fixed for the next 3 years
Officer (CEO) for another five years with a without any annual increment.
✓ Paytm Group: Founder – Vijay Shekar
Sharma; HQ – Noida, Uttar Pradesh (UP)

ACQUISITIONS & MERGERS

CCI Approves Acquisition of Stake by BRDN Investment Management have


ADIA Group; Sekhmet & ODPL and Adani divested 5.58% stake in HDFC AMC for
Groups in Different Companies Rs 2,300 cr
The Competition Commission of India (CCI) has BRDN Investment Management, formerly Standard
approved the acquisition of stake in IIFL Home Life Investments, divested its 5.58% stake in HDFC
indirectly by Abu Dhabi Investment Asset Management Company (AMC) for over Rs
Authority (ADIA) group, sole beneficiary and 2,300 crore.
settlor of the Platinum Jasmine Trust. ✓ According to Bombay Stock Exchange (BSE)
✓ The proposed transaction relates to the transaction data, BRDN has sold
acquisition of up to 20 % stake in IIFL Home approximately Rs 1.19 crore shares in HDFC
Finance by Platinum Owl C 2018 RSC Ltd, a AMC through open market transactions.
trustee acting for Platinum Jasmine Trust.
✓ IIFL Home is a housing finance company CCI approves acquisition of the stake in
registered with the National Housing Bank Simpolo Vitrified Private Limited by
which is a wholly-owned subsidiary of IIFL
IBEF IV, India SME, MOFPL and others
Finance Limited.
The Competition Commission of
The CCI approves the acquisition of majority
India (CCI) approves the acquisition of the stake in
shareholding in Optimus Drugs Private Limited
Simpolo Vitrified Private Limited (SVPL) by India
(ODPL) by Sekhmet Pharmaventures Private
Business Excellence Fund IV (IBEF IV), India SME
Limited (Sekhmet) and ODPL’s acquisition of a
Investments Fund – I (India SME),
shareholding in Optimus Pharma Private Limited
Motilal Oswal Finvest Limited (MOFPL), partners of
(OPPL) and Optimus Life Science Private Limited
Simpolo Ceramics (SC or Simpolo Ceramics) and
(OLSPL) under Section 31(1) of the Competition
the shareholders of Nexion International Private
Act, 2002.
Limited (Nexion) including Aghara &
✓ CCI: Chairperson – Ashok Kumar Gupta;
Sons (Aghara) and Ceramiche Speranza
Establishment – 2003; HQ – New Delhi,
SPA (Ceramiche SPA).
Delhi. Click here to read more.
Other Approvals by CCI:
✓ The amalgamation of Creixent Special Steels
Limited (CSSL) and JSW Ispat Special
Products Limited (JSW Ispat) with and into
JSW Steel Limited (JSW Steel) under
Section 31(1) of the Competition Act, 2002.

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✓ The acquisition (BGRL) with its parent company Bharat Petroleum


by Katsura Investments in Varmora Gran Corporation Limited (BPCL).
ito Private Limited and certain other ✓ Bharat Gas Resources Limited (BGRL),
entities. Click here to read more. incorporated in June 2018, is a wholly
owned subsidiary of BPCL for handling the
MCA approves BGRL amalgamation Natural Gas business.
with Bharat Petroleum ✓ The scheme of amalgamation became
The Ministry of Corporate Affairs (MCA) approved effective on 16 August 2022.
the amalgamation of Bharat Gas Resources Limited ✓ BPCL: CMD – Arun Kumar Singh;
Founded- 1952; HQ- Mumbai, Maharashtra

SCIENCE & TECHNOLOGY

Union Minister Jitendra Singh ✓ The development can treat diseases


Introduces “Roshni,” India’s First Saline like corneal scarring (where the cornea
becomes opaque) or Keratoconus (where
Water LED Lamp
the cornea gradually becomes thin with
Dr. Jitendra Singh, Minister of State (Independent
time).
Charge), Ministry of Earth Science (MoES), has
introduced “Roshni”, India’s first saline water
lantern that uses seawater as an electrolyte
Manthan: Platform for Industry, R&D
between specially designed electrodes to power collaboration unveiled by Principal
LED (Light Emitting Diode) lamps. Scientific Adviser to GoI
✓ The first-of-its-kind lantern was unveiled The Office of the Principal Scientific Adviser
during his visit to the SAGAR ANVESHIKA, a (PSA) to the Government of India (GoI) launched a
Coastal Research Vessel operated and used Manthan Platform which will enable and
for coastal research by the National empower all spheres of science and technology
Institute of Ocean Technology (NIOT), within India.
Chennai, Tamil Nadu. ✓ The platform is powered by NSEIT Limited
✓ The Saline Water Lantern will enhance the and led by the Office of PSA.
Indian government’s “UnnatJyoti by ✓ NSEIT is a 100% subsidiary of the National
Affordable LEDs for All (UJALA) Stock Exchange (NSE) of India.
programme,” which was launched in 2015 ✓ Manthan will provide an opportunity to
to distribute LED bulbs across the country. bring national and global communities
Click here to read more. closer to India’s technology revolution.

India’s first 3-D printed cornea India’s 1st Portal on Arrested Narco
developed by scientists from Hyderabad Offenders ‘NIDAAN’ Gets Operational
A team of clinicians and scientists from the LV The first-of-its-kind database named- National
Prasad Eye Institute (LVPEI), Hyderabad, Indian Integrated Database on Arrested Narco
Institute of Technology (IIT) Hyderabad, and offenders (NIDAAN) was made operational for the
Centre for Cellular and Molecular Biology (CCMB), use by various central and State prosecution
has developed India’s first 3D-printed artificial agencies tasked to enforce anti-drugs laws in India.
cornea and transplanted it into a rabbit’s eye. ✓ It is part of the Narcotics Coordination
✓ This development in animal models Mechanism (NCORD) portal, launched by
provided hope to those who lost vision due Union Home Minister Amit Shah on 30th
to corneal damage. It is also optically and July 2022 in Chandigarh during the national
physically suitable for transplantation. conference on ‘Drug trafficking and national

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security’. The portal was developed by the Scientists of Israel create world’s first
Narcotics Control Bureau (NCB). synthetic embryo without sperm
✓ NIDAAN provides a one-stop solution for all A team of scientists of Israel developed the
narcotics offenders-related data and will world’s first synthetic embryo outside the womb
help investigative agencies as an effective using stem cells cultured in a petri dish.
tool while probing narcotics cases. ✓ The cells of the synthetic embryo were
cultured without the use of fertilized eggs,
bypassing the need for sperm. The study
was published in the journal Cell.
✓ The team was headed by Prof. Jacob Hanna
of the Molecular Genetics Department,
Weizmann Institute in Israel.

ENVIRONMENT

Species Name - Miniopterus phillipsi; a Species Name - Cyrtodactylus aravindi; a


New Long-Fingered Bat Species New species of bent-toed gecko
Discovered in: India and Sri Lanka Discovered in: Agasthyamalai hills (Western Ghats,
Discovered by: by a team of 13 renowned Tirunelveli District, Tamil Nadu).
researchers using DNA barcoded specimens. Common name of the species: ‘Aravind’s Ground
Published in: International Journal - Acta Gecko’, after noted malacologist Neelvara
Chiropterologica under the title ‘DNA Barcoding Ananthram Aravind.
and Morphological Analyses Reveal a Cryptic Published in: Vertebrate Zoology journal
Species of Miniopterus from India and Sri Lanka’. ✓ The gecko has so far been found only at two
✓ The research team was led by Tharaka locations, Muppandal & Thuckalay, in
Kusuminda of University of Rohana in Sri Kanyakumari district falling within the
Lanka and named the new species of long- Agasthyamalai biosphere reserve in Tamil
fingered bats as Miniopterus phillipsi. Nadu.

SPORTS

India Banned by FIFA, Took Back U17 and DY Patil Stadium in Navi Mumbai
Women’s World Cup 2022 Hosting (Maharashtra).
✓ It was for the first time that India is hosting
Rights
the FIFA women’s football tournament.
The world governing body FIFA (International
Federation of Association Football) suspended All
India Football Federation (AIFF) for undue
Tennis: Pablo Carreno Busta wins Men’s
influence from third parties, which constitutes a Single Title in 2022 National Bank Open
serious violation of the FIFA Statutes. This is the Montreal, 1st Masters 1000 title
first time AIFF has been banned by FIFA in its 85- Two-time Grand Slam semi-finalist and former
year history. World No. 10 Pablo Carreno Busta of Spain won
✓ It also took back the rights from India to the Men’s Singles title at the 2022 National Bank
host 7th Under-17 Women’s World Cup Open Tennis Tournament held in Montreal, Canada.
2022 which was scheduled to be held on ✓ This is the hard court tennis tournament
October 11-30, 2022 at three venues viz. played from August 8 to August 14, 2022, as
Kalinga Stadium in Bhubaneswar (Odisha), part of the 2022 US Open Series.
Jawaharlal Nehru Stadium in Margao (Goa),

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✓ Pablo Carreno Busta defeated Hubert FIFA Suspends AIFF over Third-Party
Hurkacz of Poland by 3-6, 6-3, 6-3 in the Influences
Association of Tennis Professionals (ATP) The Bureau of the Federation International de
finals with a Montreal Masters triumph. Football Association (FIFA) Council has decided to
Winners of the tournament: suspend the All India Football Federation (AIFF)
Event Winner Runner with immediate effect due to third-party
Hubert interference, which is a violation of FIFA’s statutes.
Men’s Pablo Carreño Busta Hurkacz ✓ Other countries banned by FIFA over 3rd
singles (Spain) (Poland) party influence includes Iraq (2008) Nigeria
Beatriz (2014), Guatemala (2016), Kuwait &
Women’s Haddad Maia Indonesia (2015), Pakistan (2017 & 2021)
singles Simona Halep (Romania) (Brazil) and Kenya (2022).
John Peers
Wesley (Australia) /
Koolhof(Netherlands)/ Dan Evans India’s GM R Praggnanandhaa Defeats
Men’s Neal Skupski(United (United World No.1 Magnus Carlsen, Finishes
doubles Kingdom) Kingdom) Runner-up in FTX Crypto Cup 2022
Nicole 17-year-old Indian Grandmaster (GM) R
Melichar- Praggnanandhaa (Praggnanandhaa Rameshbabu)
Martinez
defeated the World No.1 Magnus Carlsen of
(United
Coco Gauff (United States) / Norway in the final round of FTX Crypto Cup
Women’s States) / Jessica Pegula Ellen Perez 2022 held in the Eden Roc Miami Beach, Miami,
doubles (United States) (Australia) Florida, United States of America(USA). Despite the
win, he finished the tournament securing the
Ireland’s Kevin O’Brien Announces runner-up spot.
Retirement from International Cricket ✓ The FTX Crypto Cup, the 6th event in the
Meltwater Champions Chess Tour took
The 38-year-old, Ireland all-rounder, Kevin
place August 15-21, 2022 on chess24.
Joseph O’Brien announced his retirement from
✓ However, Magnus Carlsen won the event on
international cricket.
the basis of a higher score with 16 match
✓ Kevin O’Brien made his debut for Ireland
points and R Praggnanandhaa secured
in 2006 and was one of their longest
second position, scoring 15 match points.
serving cricketers.
✓ During his 16-year career, he has played 3
tests, 153 ODI, 110 T20 Internationals for Manisha Kalyan becomes 1st Indian to
Ireland and recorded a total of 258 runs, play in UEFA Women’s Champions
3,619 runs and 1,973 runs respectively. League
✓ He became the 1st Ireland cricketer to Indian Footballer(striker) Manisha Kalyan (20-
score a century in red-ball cricket. year-old) from Hoshiarpur, Punjab, has become the
first Indian to play in the Union of European
Football Association (UEFA) Women’s
Championship League by making her debut for
Cypriot club Apollon Ladies FC in the UEFA
Women’s Champions League 2022-23 in Engomi,
Cyprus.

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OBITUARY

Rakesh Jhunjhunwala, nicknamed Malayalam Novelist Narayan, Author of


India’s Warren Buffett Passed Away Kocharethi, passed away
Billionaire business and veteran investor Rakesh Renowned Malayalam novelist Narayan passed
Jhunjhunwala passed away at the age of 62 years away at the age of 82 years due to COVID-19-
in Mumbai, Maharashtra due to sudden cardiac related complications. He was born on 26
arrest. He was born on July 5, 1960, in Hyderabad, September 1940 in Kudayathoor in Idukki, Kerala.
Andhra Pradesh (Now in Telangana). ✓ He was best known for his award-winning
✓ He was famously referred to as the “Big Bull debut novel Kocharethi (1998), which
of Dalal street”, “King of Bull Market” and depicted an insider’s poignant account of
“Big Bull”. He was also known as ‘India’s the strengths, vulnerabilities and cultural
Warren Buffett’. ambiguities of the Malayarayar tribe.
✓ According to Forbes, he was the 36th ✓ He belonged to the Malayarayar tribe and is
Richest man in India in 2021 and the 438th considered Kerala’s first tribal novelist.
Richest man in the world in 2022.
✓ Rakesh Jhunjhunwala co-founded Indian Former Jharkhand
airline Akasa Air which took its first flight Governor Syed Sibtey Razi Passes Away
from Mumbai to Ahmedabad on August 7 On 21st August 2022, Senior Indian National
2022. Congress(INC) leader and former Governor of
Jharkhand & Assam, Syed Sibtey Razi passed away
Former BCCI Secretary & Chairman of in Lucknow, Uttar Pradesh(UP). He was born on 7th
JSCA Amitabh Choudhary Passed Away March 1939 in Rae Bareli,UP.
✓ The former Board of Control for Cricket in ✓ He served as the Governor of Jharkhand
India (BCCI) acting Secretary and Chairman from the year 2004- 2009 and as the
of Jharkhand State Cricket Association Governor of Assam in 2009.
(JSCA), Amitabh Choudhary passed away at ✓ Syed Sibte Razi was elected thrice as a
the age of 58 due to heart attack in Ranchi, member of Rajya Sabha from congress. He
Jharkhand. has also served as a Member of the
Legislative Council(MLC) from congress for
several times.

BOOKS & AUTHORS

Book Title - “Putin – His Life and Times” Coffee Table Book - ‘Fish & Seafood – a
Author: Philip Short, former correspondent for the collection of 75 gourmet recipes’
BBC, The Economist and The Times Launched by: Parshottam Khodabhai Rupala,
Publisher: The Bodley Head, a non-fiction imprint Union Minister, Ministry of Fisheries, Animal
of Penguin Random House. Husbandry and Dairying (MoFAHD).
✓ The book is a biography of Vladimir Putin, ✓ The book exhibits the soul of India ‘Rasoi’
who has been President of Russia since (Kitchen).
2000. ✓ The book ideated by the Department of
✓ “First Person” published in 2001 was an Fisheries highlights the diversity of fish
authorized biography of Putin. available within the domestic water bodies
and the fish culinary heritage of the country
that signifies the diverse cooking and eating
styles across the country.

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Book Title - “Bibi: My Story” – Memoir of Book Title - “Madam Sir: The Story of
Benjamin Netanyahu Bihar’s First Lady IPS Officer” –
Author: Benjamin Netanyahu, a former Prime Autobiography of Manjari Jaruhar
Minister (PM) of Israel. Author: Manjari Jaruhar, a Retired Indian Police
Publisher: Threshold Edition Service (IPS) officer and an Advisor of Tata
✓ The book, which is Netanyahu’s memoir, Consultancy Services (TCS)
will be published in November 2022(after Publisher: Ebury Press Imprint of Penguin
parliamentary elections in Israel). Random House India (PRHI).
✓ Other works of Netanyahu: “A Durable ✓ The book details the life and times of Bihar’s
Peace: Israel and it’s Place Among the first lady IPS officer. It is expected to be
Nations & “Fighting Terrorism” Published in October 2022.
✓ Manjari Jaruhar is one of the first 5 women
Book Title - “Transforming India- police officers in India and the first woman
Governance for Atmanirbhar Bharat” & to join India’s elite police (IPS) from Bihar.
“Adhigam”, ISTM Journal on ‘Research
on Training and Governance’ Book Title - “NETAJI: Subhas Chandra
Released by: Union Minister of State (MoS) Science Bose’s Life, Politics and Struggle”
& Technology Dr Jitendra Singh Author: late scholar & former Member of
✓ Institute of Secretariat Training and Parliament (MP) Krishna Bose
Management (ISTM): Director– S D Publisher: Picador India imprint of Pan Macmillan
Sharma; Established in 1948; Location– India.
New Delhi, Delhi. ✓ The book is edited and translated (to
English from Bengali) by Indian political
Book Title - “Indians at Herod’s Gate: A scientist Sumantra Bose, son of Krishna
Bose.
Jerusalem Tale”; Translated in Hebrew
✓ It features the insights of Subhas Chandra
Author: Navtej Sarna, former Ambassador of
Bose’s political motivations, his personal
India
relationships,
Released by: Israeli President Isaac Herzog
✓ The book was originally written in English
and was published in 2014 by Rupa
Book Title - “Sing, Dance, and Pray: The
Publication India Private Limited. Inspirational Story of Srila Prabhupada
Founder-Acharya of ISKCON”
Book Title - “Men of Steel- Military Released by: Vice President (VP) of India,
Leadership for India” Muppavarapu Venkaiah Naidu (as of July 24, 2022)
Author: Major General Yash Mor (retd.) and Author: historian Dr Hindol Sengupta
Lieutenant General Ajay Kumar Singh (retd.) Publisher: India Penguin Ananda imprint
Publisher: KW Publishers Pvt Ltd of Penguin Random House India (PRHI).
Released by: Indian Army Chief General Manoj ✓ The book is a biography of Abhay
Pande Charanaravinda Bhaktivedanta
✓ “Men of Steel” was produced by think-tank Swami (Srila Prabhupada) founder of the
Centre of Land Warfare Studies (CLAWS). It International Society for Krishna
has 15 chapters, which were contributed by Consciousness (ISKCON).
retired officers and non-military authors.

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IMPORTANT DAYS

Partition Horrors Remembrance Day others in the most extreme circumstances around
2022- August 14 the world.
Annually observed in India on August 14. ✓ World Humanitarian Day (WHD) is a
Purpose: to acknowledge the difficulties faced by campaign by the United Nations Office for
the Indians during the partition of India in 1947. the Coordination of Humanitarian
✓ In 2021 Prime Minister (PM) Narendra Affairs (UN OCHA).
Modi announced to observe 14th August as ✓ The day is marked in memory of the Canal
Partition Horrors Remembrance Day. The Hotel bomb attack (19th August 2003) in
year 2022 marks the 2nd edition of Baghdad, Iraq, killing 22 people, including
Partition Horrors Remembrance Day. Sergio Vieira Mello, Chief Humanitarian in
✓ Partition Horrors Remembrance Day” is Iraq.
observed on the line on “Holocaust ✓ UN OCHA: Under-Secretary-
Remembrance Day”. General- Martin Griffiths; Founded-19
✓ India was partitioned into India and December 1991; HQ-New York, United
Pakistan on August 14, 1947. States. Click here to read more.
✓ A boundary commission was set up to mark
the territorial limits, headed by Cyril World Photography Day 2022- August
Radcliffe. 19
Annually observed across the globe on August 19.
World Sanskrit Day 2022- August 12 Purpose: to celebrate the art of Photography.
Annually observed on ‘Sawan Poornima’ ✓ Theme for World Photography Day 2022:
Purpose: to create awareness, promote and revive “Pandemic Lockdown Through The
Sanskrit, one of the ancient Indian languages. Lens”.
✓ World Sanskrit Day is also known World Photography Week is observed
as Vishva-Samskrita-dinam & Sanskrit from 19th to 26th August 2022 across the
Diwas. world.
✓ It is annually celebrated on Poornima day ✓ The first photographic process
(Full Moon) of the Shraavana month in the named Daguerreotype was formally
Hindu calendar. declared to the world by the French
✓ World Sanskrit Day 2022 falls on 12th Academy of Sciences on 9th January 1839.
August 2022. The first World Sanskrit Day ✓ The first official world photography day
was observed in 1969. was observed on 19th August 2010.
✓ Sanskrit language is said to have originated
in India around 3,500 years ago. World Mosquito Day 2022 – August 20
✓ Panini, Kalidas, Patanjali, Ved Vyas, Adi Annually observed across the globe August 20.
Shankaracharya, and Kalidas are prominent Purpose: to honour British Doctor Sir Ronald
personalities who wrote classics in Sanskrit Ross who discovered the relationship between
language. mosquitoes and the transmission of malaria
between humans.
World Humanitarian Day 2022- August ✓ Sir Ronald Ross discovered that the
19 Anopheles mosquitoes (female mosquitoes)
Annually observed on August 19. It is an are responsible for the transmission of
International Day recognized by the United Nations malaria parasites to humans.
(UN). ✓ Malaria is a parasitic infection transmitted
Purpose: to commemorate the humanitarian by Anopheline mosquitoes.
workers who have committed their lives to help

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✓ Dengue is the most prevalent viral infection ✓ UNOCT: Secretary-General- Vladimir


transmitted by Aedes mosquitoes. Click Voronkov; HQ- New York, US;
here to read more. Established- 2017. Click here to read more.

Sadbhavana Diwas 2022 – August 20 International Day Commemorating the


Annually celebrated across India on August 20. Victims of Acts of Violence based on
Purpose: to mark the birth anniversary of the Religion or Belief 2022 – August 22
former Prime Minister (PM) of India Rajiv Gandhi. Annually observed on August 21. It is an
✓ Sabhavana Diwas literally International Day recognized by the United Nations
means “Harmony Day”. It is dedicated to (UN).
promote national integration, social peace The day was proposed by Poland.
and harmony among the people of all ✓ The Day comes right after the International
religions and Languages. Day of Remembrance and Tribute to the
✓ Sadbhavana Diwas 2022 marks the 78th Victims of Terrorism, 21 August.
birth anniversary of Rajiv Gandhi (born on ✓ This day strongly condemns the continuing
20th August 1944). His birth anniversary is violence and acts of terrorism targeting
also celebrated as Rajiv Gandhi Akshay individuals, including persons belonging to
Urja Diwas. religious minorities, on the basis of or in the
✓ The day was first observed in 1992, a year name of religion or belief.
after the assassination of Rajiv Gandhi in a ✓ UN: Secretary-General– Antonio Guterres;
suicide bomb attack on 21st May, 1991 at Establishment– 1945; HQ- New York, US.
Sriperumbudur in Tamil Nadu. Click here to read more.
✓ The 21st May has been declared as National
Anti-Terrorism Day.
World Senior Citizen’s Day 2022- August
21
International Day of Remembrance of Annually celebrated across the globe on August
and Tribute to the Victims of Terrorism 21.
2022- August 21 Purpose: to acknowledge the contributions of
Annually observed across the globe on August 21. elderly people in human society and honour them.
It is an International Day recognized by the United ✓ The term senior citizen is generally used to
Nations (UN). refer to those who are 60 years old or older
Purpose: to honour the survivors of terrorism and than that.
also pay tribute to the victims of terrorism. ✓ Schemes implemented by the Government
✓ Theme of International Day of of India (goI) for senior citizens include:
Remembrance and Tribute to the Victims of Integrated Programme for Senior Citizens
Terrorism 2022: “Memories”. (IPSrC) scheme & Atal Vayo Abhyuday
✓ August 21, 2022 marks the commemoration Yojana(AVYAY) by Ministry of Social Justice
of the 5th International Day of and Empowerment (MoSJE); Rashtriya
Remembrance and Tribute to the Victims of Vayoshri Yojana (RVY); Pradhan Mantri
Terrorism. Vaya Vandana Yojana (PMVVY)etc., Click
✓ The United Nations Office of Counter- here to read more.
Terrorism (UNOCT) organized a virtual
event ‘Surviving Terrorism: The Power of
Memories’ – International Day of
Remembrance of and Tribute to the Victims
of Terrorism on 21 August 2022.

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International Day for the Remembrance Organization (UNESCO) to memorialize the


of the Slave Trade and its Abolition transatlantic slave trade.
✓ The Slave Route Project:
2022- August 23
Resistance,Liberty,Heritage” Project is a
Annually observed across the globe on August 23.
UNESCO initiative, officially launched in
Purpose: to abolish the practice of slave trading
1994 in Ouidah, Benin. It is a flagship
and to remember the tragedy of the slave trade
project of UNESCO and its International
across the globe during colonial rule.
Scientific Committee.
✓ The day was chosen by the United Nations
✓ UNESCO: Director General- Audrey
Educational, Scientific, and Cultural
Azoulay; Founded-1945; HQ-Paris, France.
Click here to read more.

STATE NEWS

Sikkim CM launches schemes for was also extended to weavers, fishermen


women’s welfare on 75th anniversary of and yellow board taxi drivers’ children.
✓ Karnataka has contributed at least USD 1
Independence
trillion for empowering the state towards
The Chief Minister (CM) of Sikkim, Prem Singh
Prime Minister Narendra Modi’s
Tamang (Golay), on the occasion of the 75th
transforming India into a USD 5 trillion
anniversary of Independence Day, announced a
economy.
series of women’s welfare schemes at Bhaichung
✓ Karnataka: Governor – Thawar Chand
stadium in Namchi, Sikkim.
Gehlot; Lakes – Hirekolale Lake,
✓ For the first time the programme was
Ayyanakere Lake, Cauvery Nisargadhama
organised outside Paljor Stadium, Gangtok,
after the merger of Sikkim with the Union of
India in 1975. Rajasthan Government approves MoU
✓ Schemes launched: Sikkim Aama with SJVN for developing Renewable
Sashaktikaran Yojana (SASY); Chief Energy projects
Ministers Vatsalya Scheme; Mobile Village MoU b/w: Government of Rajasthan & Satluj Jal
Clinic programme; Mukhya Mantri Vidyut Nigam Limited (SJVN Limited)
Swasthya Suvidha Yojana; Online permit Purpose: for the development of 10,000 MW
system for Restricted Area Permit (RAP) (MegaWatt) Renewable Energy (RE) projects.
and Protected Area Permit (PAP). ✓ This project would require an investment of
around Rs 50,000 crore in the next 5 to 7
I-Day: Karnataka CM Announces New years.
Schemes on Sanitation, Nutrition, Farm ✓ SJVN will establish the RE projects on the
land banks to be allocated by Rajasthan
labour & Soldiers Welfare
Renewable Energy Corporation Ltd
On the 75th anniversary of India’s independence
(RRECL). It targets to achieve the shared
Karnataka Chief Minister (CM) Basavaraj
vision of 5000 MW by 2023, 25000 MW by
Bommai has launched new schemes on sanitation,
2030, and 50000 MW by 2040.
nutrition and schemes for well-being of farmers,
labourers and soldiers. The 76th Independence Day
event in Karnataka was held at the Manekshaw Kerala CM Launches “Lucky Bill App” to
Parade Ground. Curb GST Evasion by Offering Attractive
✓ The ‘Raitha Vidya Nidhi’ for farmers’ Prizes to Users
children will also be extended to the The Chief Minister (CM) of Kerala, Pinarayi Vijayan
landless agricultural labourers. the scheme launched the mobile application “Lucky Bill App”.

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It is the first-of-its-kind initiative to be introduced partnership with the of Arunachal Pradesh


in India. & the Centre for Good Governance,
Objective: to encourage consumers to upload Hyderabad (Telangana), to improve the
invoices in a bid to curb Goods and Service Tax efficiency of governance across districts.
(GST) evasion. ✓ Arunachal Pradesh has designated 2022-
✓ It was developed by the State Goods and 23 the year of e-governance and has
Services Tax (GST) department of Kerala already deployed a 100 % e-office, as well
and designed by the Digital University as e-assembly and e-cabinet modules, in the
Kerala (DUK). state civil secretariat.
✓ It will help in boosting tax collection and ✓ Arunachal Pradesh: Governor – Brigadier
also enable the government to examine the (Dr.) B. D. Mishra (Retd); Festivals – Chalo-
status of tax return filings with the help of Loku Festival; Longte Yullo Festival;
bills uploaded by people. Oijale/Oriah. Click here to read more.

CPRI signed MoU with Chhattisgarh Puducherry CM presents Rs


Government to construct Regional 10,696cr Budget for 2022-23
Testing Laboratory The Chief Minister (CM) of Puducherry,
MoU b/w: Central Power Research N. Rangasamy, who also holds finance portfolio of
Institute (CPRI), Bengaluru, Karnataka & the Union Territory (UT) presented Rs
Chhattisgarh Government 10,696.61crore tax-free budget of the UT for FY22-
Purpose: to set up central India’s largest regional 23 in his 75-minute address in the Legislative
testing laboratory and testing centre at Atal Nagar- Assembly.
Nava Raipur (Naya Raipur), Chhattisgarh. ✓ Revenue Receipts are estimated at Rs
6,557.23 crore
✓ Central Government assistance will be Rs
GoI to Collaborate with Arunachal Govt.
1,729.77 crore with an additional Rs 500
to Develop ‘District Good Governance crore under centrally sponsored schemes
Portal’ and Rs 20 crore from the central road fund.
Collaboration b/w: Department of Administrative ✓ The total outstanding debt of the UT is Rs
Reforms and Public Grievances (DARPG), Ministry 9,859.2 crore as on March 31, 2022.
of Personnel, Public Grievances & Pensions, the ✓ Expenditure: The allocation of expenditure
Government of India (GoI) & Arunachal Pradesh is proposed to be Rs 8,675.65 crore under
Government (Govt.) the Revenue head and Rs 2020.96 crore
Purpose: to create a “District Good Governance under the capital head.
Portal” to track and assess the performance of each ✓ Puducherry: Lieutenant Governor – Dr.
district in the state on a monthly basis. Tamilisai Soundararajan; Capital–
✓ The DARPG has established a District Good Puducherry; Airport– Puducherry Airport
Governance Index, a first for NE States, in (PNY). Click here to read more.

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