Daily Current Affairs March 06 & 07 2022 | Latest News | Download PDF

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CURRENT AFFAIRS: NATIONAL NEWS

India & ITU Sign Host Country Agreement.

The Union Minister of Communications and Secretary General of International Telecommunication Union (ITU) signed the Host Country Agreement (HCA) for the establishment of an Area Office & Innovation Centre of ITU in New Delhi.
The 5Gi standards developed within India have now been recognised by ITU as one of the three technologies for 5G.
5Gi is a locally designed telecommunication network that has been designed by IITHyderabad.
The Host Country Agreement provides the legal and financial framework for establishment and operations of the Area Office.
The Area Office and Innovation Centre of ITU at New Delhi is expected to serve South Asian countries namely Afghanistan, Bangladesh, Bhutan, Iran, Maldives, Nepal, Sri Lanka and India.

International Telecommunication Union (ITU) :

It is the United Nations specialised agency for Information and Communication Technologies – ICTs.
Founded: 1865
Headquarters: Geneva, Switzerland.
Publication of the ITU: Global Cybersecurity Index (GCI)

Minister of State for Electronics and IT, Shri Rajeev Chandrasekhar inaugurates NIC Tech Conclave 2022.

National Informatics Centre (NIC) organized the #TechConclave2022 focused on Emerging Technologies applicable especially in e-Governance, with the theme – “Next Gen Technologies for Digital Government”.
Minister of State for Electronics and IT Rajeev Chandrasekhar, will be the guest of honour.
Commemorating Azadi Ka Amrit Mahotsav at NIC, MoS Shri Rajeev Chandrasekhar released the ebook titled #75DigitalSolutionsfromNIC.
MoS also released the book titled “Citizen Empowerment Through Digital Transformation in Government” edited by Neeta Verma, DG NIC
NIC’s Tech Conclave 2022 will enrich the IT Managers of the Government Ministries/ Departments on the latest ICT technologies and their use cases on the latest technologies and industry best practices.

National Informatics Centre:

Ministry: Ministry of Electronics and Information Technology (MeitY)
MEITY minister: Shri Ashwini Vaishnaw
Formation: 1976
Director General of NIC: Neeta Varma.

PM Narendra Modi inaugurates Symbiosis Arogya Dham and Pune metro rail project worth Rs 11,400 crore.

Prime Minister Narendra Modi on Sunday inaugurated the 12km stretch of the Pune Metro Rail project in the city. The project is being built at a cost of more than Rs 11,400 crore.
Modi also unveiled the statue of Chhatrapati Shivaji Maharaj at the premises of the Pune Municipal Corporation (PMC).
Prime Minister Narendra Modi inaugurated the Symbiosis Arogya Dham at Lavle campus.
PM also inaugurated Golden Jubilee celebration of Symbiosis University, Pune.
PM Modi dedicates 150 electric buses for public transport in Pune.
Founder of Symbiosis Arogya Dham: SB Mujumdar Subhash Desai
Maharashtra Chief minister: Uddhav Thackeray
Maharashtra Governor: Bhagat Singh Koshyari

Coal Ministry To Celebrate “Iconic Week” Under Azadi ka Amrit Mahotsav From 7th March, 2022.

To celebrate and commemorate the 75 years of Independence and as India enters into the Amrit Kaal, Ministry of Coal is organizing special events and programmes throughout the country from 7th to 11th March, 2022, as part of the ‘Azadi Ka Amrit Mahotsav’ Iconic Week celebrations.
The Iconic Week celebrations will be inaugurated by the Minister of State for Coal, Minesand Railways Shri Raosaheb Patil Danveon 7th March 2022 at Dr Ambedkar International Centre [Bhim Auditorium], New Delhi.
Government of India is celebrating 75 years of Indian Independence “Azadi Ka Amrit Mahotsav” to mark 75 years of progressive India and its elegant history. The official journey of AKAM commenced on 12th March, 2021 which kick-started a 75-week countdown to our 75th anniversary of independence and will end on 15th August 2023.
Azadi Ka Amrit Mahotsav started in: 12th March, 2021
Azadi Ka Amrit Mahotsav End Date: 15th August, 2023
Cabinet Minister for Coal Ministry: Pralhad Joshi

Union Minister of Social Justice & Empowerment Dr. Virendra Kumar addresses the two – day sensitization workshop (4th March – 5th March, 2022) at Tent City, Kevadia, Gujarat.

Union Minister of Social Justice & Empowerment Dr. Virendra Kumar addressed the two – day sensitization workshop, which concluded today at Kevadia (Ekta Nagar), Gujarat. The workshop was jointly organized by the Department of Empowerment of Persons with Disabilities and Office of Chief Commissioner for Persons with Disabilities. Secretary, Department of Empowerment of Persons with Disabilities was also present in the workshop.
The workshop highlights various schemes, programmes and initiatives for mainstreaming of Persons with Disabilities (PwDs).
District Magistrate, Narmada highlighted action taken by them in implementation of SMILE programme and their initiative “NO DHAR NO AADHAAR” for mainstreaming of homeless, transgenders, beggars, elderly and Divyangjan.
SMILE : Support for Marginalized Individuals for Livelihood and Enterprise
SMILE launched by: Virendra Kumar

Ministry of Culture in collaboration with Sulabh International organized “Swacchagraha: celebrating Swachhta and Swadhinta”

Ministry of Culture, Ministry of Jal Shakti, Ministry of Housing and Urban Affairs in collaboration with Sulabh International organized an event “Swacchagraha” under the aegis of Azadi Ka Amrit Mahotsav to encourage the mass awareness with the core thought of “Swachhta, Swadhinta and Sulabh” on 5th March in New Delhi.
In his speech OSD, Ministry of culture,RatneshJha said that Ministry of Culture is trying to link cleanliness drive by Sulabh with Azadika Amrit Mahotsav. He also said that Sulabh is the best example of two pillars of AKAM – Action@75 and Resolve@75.
The evening session themed ‘EkShaam Sur, TaalaurSwachhtakeNaam’ was addressed by Chief Guest Shri Vijay Goel.

Cabinet ministers:

Ministry of Culture: Kishan Reddy
Ministry of Jal Shakti:Gajendra Singh Shekhawat
Ministry of Housing and Urban Affairs:Hardeep Singh Puri

Union Minister Dr. Jitendra Singh to inaugurate 3-Day symposium on “Imagining India@2047 through Innovations”

A three-day Symposium on the theme ‘Imagining India @2047 through Innovation’, will be held in Chennai during 07-09th March, 2022.
The Symposium is being organized by the Department of Administrative Reforms and Public Grievances (DARPG) in collaboration with the IIT Madras.
The Symposium will take place at the IITM Research Park, Chennai.
The Government of India is formulating “Vision India@2047″ to identify long terms goals and corresponding short term defined outcomes for this decade.

NMDC receives 1st prize in Ispat Rajbhasha Award for 2018-19 and 2020-21 and Ispat Rajbhasha Prerna Award for 2019-20.

National Mineral Development Corporation Ltd. (NMDC), Country’s largest Iron Ore producer, a CPSE under Ministry of Steel received 1st prize in the Ispat Rajbhasha Award for 2018-19 and 2020-21 and the Ispat Rajbhasha Prerna Award for 2019-20 in the meeting of the Hindi Salahakar Committee of the Ministry of Steel held in Madurai on 3rd March 2022.

NMDC

Founded in: 1958
HeadQuarters: Hyderabad, Telangana
Owned by : Government of India
Chairman and MD: Sumit Deb.
Minister of Steel: Ramchandra Prasad Singh

CURRENT AFFAIRS : STATE NEWS

Jharkhand Finance Minister Rameshwar Oraon Presents Budget For FY 2022-23

Finance Minister Rameshwar Oraon of the Jharkhand Mukti Morcha (JMM)-led coalition government in Jharkhand presented a budget of Rs 1.01 lakh crore for the Financial Year 2022-23.
The budget also proposed a massive 59 percent jump in capital expenditure to Rs 24,827.70 crore.
Revenue expenditure is pegged at Rs 76,273.30 crore.
A fiscal deficit of Rs 11,286.47 crore, is estimated to be 81 per cent of the gross state domestic product (GSDP) of the next fiscal.

Key Highlights :

Tax Revenue : Rs 24,850-crore
Non tax revenue : Rs 13,762.84-crore
Central assistance : Rs 17,405.74-crore
Share in central taxes : Rs 27,006.58-crore
Public debt : Rs 18,000-crore

Proposal In The Budget 2022-23 :

The Guruji Credit Card Scheme will be launched to remove hurdles faced by Jharkhand students in higher education.
To reduce the burden of electricity on poors and farmers, a proposal to give 100 units of electricity per month to each such household free of cost
Rs 50,000 per house will be available for the construction of an additional room from the state fund.
The government has announced an additional provision of Rs 600 crore under the state scheme for the upcoming year 2022-23 under the honorarium of these teachers.
In the health sector, the government has increased the amount by 27%, drinking water by 20%, education by 6.5%, and agriculture by 21%.
The government has proposed a budget of Rs 4,091.37 crore in the agriculture and allied sector.
So far 836 crores have been transferred to the accounts of 2,11,530 farmers under the farm loan waiver scheme.
Under the Go-Dhan Nyay Yojana, cow dung will be procured at reasonable prices for the purpose of increasing the income of cattle owners and farmers & this will be used to produce biogas as well as organic manure.
A corpus of Rs 25 crore has been proposed in the fund to compensate for the economic losses in agricultural production.
The budget also proposed creation of 5 crore man-days in the next fiscal under MNREGA.

About Jharkhand :

Governor : Ramesh Bais
Chief minister: Hemant Soren
Capital : Ranchi

CURRENT AFFAIRS : BANKING & FINANCE

PayU Collaborates with VTEX to offer merchants multiple local payment methods

PayU has collaborated with VTEX, one of the largest global digital commerce platforms, to offer multiple payment solutions to VTEX merchants.

Aim :

To simplify payment methods for the merchants using VTEX platform.

About the Partnership :

The integration by VTEX to support their merchants in India will provide businesses seamless access to PayU’s payment solutions.
It will give direct access to multiple local payment methods in India including credit cards, debit cards, UPI, wallets, net banking, and others.
Also merchants can monitor business performance, initiate refunds, access transaction data, view trends and reports of transactions right from the VTEX dashboard itself, without switching applications.
It paves way for international brands to enter the Indian market and would reduce the go-live time since the payment methods will be quicker and easier for consumers.

About PayU :

Founded : 2002
CEO : Laurent Le Moal
PayU is a Netherlands-based payment service provider to online merchants.
It developed LazyPay in 2017, an alternate lending platform to offer credit solutions.

About VTEX :

Founded : 2000
Headquarters: London, United Kingdom

CURRENT AFFAIRS : BUSINESS NEWS,

Future Generali India Insurance Launches ‘FG Dog Health Cover’ Insurance

Future Generali India Insurance Company Limited (FGII) announced the launch of FG Dog Health Cover, a comprehensive health insurance for pet dogs, along with industry-first ‘Emergency Pet Minding’ cover.

About FG Dog Health Cover :

It will protect pet parents against the cost of their dogs’ surgery and hospitalisation, terminal illness, mortality, and funeral expenses.
The insurance policy covers pet dogs aged between 6 months to 4 years for giant breeds and 7 years for small, medium, and large breeds.
The exit age is 10 years for small, medium, and large breeds and 6 years for giant breeds.

Key Benefits :

Cover	S.no.	Cover
	1	Funeral Cost Cover
	2	Terminal Illness Cover
	3	Surgery and Hospitalization Cover
	4	Death Cover
Riders	1	Third Party Liability Cover
	2	Lost and Stolen Cover
	3	Emergency Pet Minding Cover
	4	Veterinary Consultation and Doctor on Call

Key Points :

Policy costs start at INR 323/- per month; includes terminal illness, surgery and hospitalization, and mortality
Pet Minding Rider covers Daily allowance towards engaging a pet minder/caretaker in case of hospitalization of parent/s or other family members
Also ‘Oh My Dog!’Digital Campaign brings out the quirky side of our furry friends & conceptualized by Mullen Lintas.

About FGII :

Founded : 2000
Headquarters : Mumbai, Maharashtra, India
MD & CEO : Anup Rau
FGII is a joint venture between the Future Groupand Assicurazioni Generali.

Contribution of YouTube Creators to Indian GDP

YouTube unveiled a new report today by Oxford Economics, an independent consulting firm, that showed that YouTube’s creator ecosystem contributed Rs 6,800 crore to the Indian GDP in 2020.
YouTube also supported 6,83,900 full-time equivalent jobs in India in the same year, as per the report.
With the number of channels in India with over 1,00,000 subscribers now reportedly standing at 40,000, marking a growth of over 45%, year on year, more Indian YouTube creators are finding opportunities and audiences on the platform.

YOUTUBE:

Owned by: Google.
Launched on: 14th February, 2005.
Headquarters: California, USA
Founders: Chad Hurley, Steve Chen,Jawed Karim
CEO: Susan Wojcicki

CURRENT AFFAIRS : AWARDS & HONORS

CtrlS bags Assocham award for sustainability excellence in energy management

CtrlS, Asia’s largest Rated-4 Hyperscale Data Center, has been awarded the most prestigious ASSOCHAM Award for Sustainability Excellence in Energy Management.
The current and past winners of ASSOCHAM awards include SAP, Tata Consultancy Services, L&T, Cognizant, Ashok Leyland, ONGC, SBI Life Insurance, JK Tyre, Tata Capital, ICICI Foundation, NTPC, PayTM and others.
CtrlS Datacenters for bagging the award for excellence in energy management and making a positive impact during the COVID-19 Pandemic from March 2020 through their innovative and sustainability initiatives in their datacenter operations.

About 2022 ASSOCHAM Awards :

The 2022 ASSOCHAM Awards recognize companies that have made a positive impact through their innovative and sustainable CSR& sustainability initiatives.
It as an apex chamber of the nation has been regularly engaging itself with the policy makers to bring desired reforms for building an eco-system of sustainability both socially and economically.

About CtrlS :

Founded : 2008
Headquarters : Hyderabad, Telangana

About ASSOCHAM :

The Associated Chambers of Commerce and Industry of India (ASSOCHAM) is a non-governmentaltrade association and advocacy group.
Established : 1920
President : Vineet Agarwal
Chairman of ASSOCHAM Southern Region : BV Naidu
Headquarters : New Delhi, Delhi, India

CURRENT AFFAIRS : MOU & AGREEMENTS

MoU signed to promote Start-up in latest Daylight Harvesting Technology

Technology Development Board (TDB), a statutory body of the Department of Science & Technology, has entered into an agreement with a Skyshade Daylights Private Limited for developing new technologies for harvesting daylight as part of its endeavors to promote the reduction of carbon footprint and improve building energy efficiency.
The TDB signed the MoU in the presence of Union Minister of State (Independent Charge) Science & Technology Dr Jitendra Singh.
The TDB will give Rs 5 Crore of the 10 Crore project to Skyshade company for developing new technologies for basement illumination on a 24×7 basis.

Additional Info :

The solar energy spectrum has 45% energy as visible light and this can be used to harvest building illumination for about 9-11 hours a day.
India has set an ambitious target to achieve a capacity of 175 GW of its energy requirement from renewable energy sources by the end of 2022, and committed to achieve 500 GW by 2030 as stated by the Prime Minister at the COP26 summit in Glasgow.
Narendra Modi on behalf of India, presented to the world the five nectar elements “PANCHAMRIT”, as India’s commitment, to deal with the issue of climate change.

About Department of Science & Technology :

Parent department : Ministry of Science and Technology
Secretary : S. Chandrasekhar

About Skyshade Daylights Private Limited :

Founded : 2007
Headquarters : Hyderabad, Telangana

CURRENT AFFAIRS : DEFENCE NEWS

Indian Navy successfully test fires advanced version of BrahMos missile

On March 05, 2022, The Indian Navy successfully demonstrated the accuracy of an extended-range land attack Brahmos supersonic cruise missile from the stealth destroyer INS Chennai.

Purpose :

The missile hit its intended target with pinpoint accuracy after traversing an extended range trajectory and performing complex maneuvers.

About BrahMos :

The BrahMos is a supersonic cruise missile manufactured by an Indo-Russian joint venture.
BrahMos missile flies at a speed of 2.8 Mach or almost three times the speed of sound.
The range of the advanced version of the missile is learnt to have been extended to around 350 km from the original 290 km.