Latest Current Affairs Daily Update

21st and 22nd Nov 2020 Current Affairs Headlines

21 & 22 Most Important Current Affairs Quiz: Video Discussion

Important Days

World Fisheries Day

World Fisheries Day is celebrated on 21 November every year throughout the world by the fisherfolk communities.

It highlights the importance of healthy oceans ecosystems and to ensure sustainable stocks of fisheries in the world.

2020 is the fourth World Fisheries Day. The World Fisheries Day helps in highlighting the critical importance to human lives, of water and the lives it sustains, both in and out of water.

World Television Day

World Television Day is observed on 21 November every year. The day is observed to acknowledge the role of broadcast media.

On this day, the journalists, writers, bloggers, and others who are associated with the medium promote the role of television in communication and globalization.

The 21 November was proclaimed by the United Nations General Assembly in December 1996, because the first World Television Forum was held in 1996.

National Newborn Week 2020

In India, the National Newborn Week 2020 is observed every year from 15 to 21 November. Union Minister of Health and Family Welfare, Dr Harsh Vardhan has chaired an event to mark the National Newborn Week 2020.

The main purpose of the week is to reinforce the importance of newborn health as a key priority area of the health sector and reduce the infant mortality rate by improving healthcare conditions for babies in the neonatal period.

The theme of National Newborn Week 2020 is ‘Quality, Equity, Dignity for every newborn at every health facility and everywhere’.


National Headlines

PM Modi & Bhutanese PM Jointly launch RuPay Card Phase-II

Prime Minister of India Narendra Modi and Bhutan Prime Minister Lotay Tshering virtually launched RuPay card Phase-II, to allow Bhutanese cardholders to access RuPay network in India.

In August 2019, PM Modi and his Bhutanese counterpart jointly launched Phase-I of the project.

The implementation of Phase-I of RuPay cards in Bhutan has enabled the visitors from India to access ATMs and Point of Sale (PoS) terminals across Bhutan. Phase-II will now allow Bhutanese cardholders to access RuPay network in India.

Useful notes for all competitive exams:

  • Bhutan Capital: Thimphu.
  • Bhutan Currency: Bhutanese ngultrum.

Narendra Singh Tomar inaugurates capacity building component of PM-FME

Union Minister for Food Processing Industries, Narendra Singh Tomar has virtually inaugurated the capacity building component of the Pradhan Mantri Formalisation of Micro food processing Enterprises scheme (PM-FME Scheme).

PM-FME Scheme has been launched with an outlay of Rs 10,000 crore for a period of five years from 2020-21 to 2024-25. He also launched the GIS One District One Product (ODOP) digital map of India.

It provides details of ODOP products of all the states and facilitates the stakeholders to make concerted efforts for its value chain development.

The digital map also has indicators for tribal, Scheduled Caste (SC), Scheduled Tribe (ST), and aspirational districts.

CBIC Chairman Ajit Kumar inaugurates GST Bhawan

Central Board of Indirect Taxes and Customs (CBIC) Chairman M. Ajit Kumar, along with members of the Board inaugurated the GST Bhawan, Panchkula,  Haryana.

The state of the art building will house the offices of Central GST at Panchkula. It has been built at a cost of about 31 crores rupees.

This is the first major infrastructure project of CBIC completed in these times of COVID. The building is a fully air-conditioned three-storied building built on a plot of about 1.4 acres with 7600 square metres covered area and seating capacity of about 200 persons.

Useful notes for all competitive exams:

  • CBIC Founded: 1 January 1964.
  • CBIC Headquarters: New Delhi.

World Bank Signs $120 Million Project to Improve Connectivity in Meghalaya

The Government of India, the Government of Meghalaya and the World Bank has signed a $120-million project to improve and modernize the transport sector of Meghalaya.

This will help Meghalaya to harness its vast growth potential for high-value agriculture and tourism.

The $120 million loans from the International Bank for Reconstruction and Development (IBRD), has a maturity of 14 years including a grace period of six years.

The International Bank of Reconstruction and Development (IBRD) is a development bank administered by the World Bank.

Useful notes for all competitive exams:

  • Meghalaya Chief Minister: Conrad Sangma.
  • Meghalaya Governor: Satya Pal Malik.
  • Meghalaya Capital: Shillong.

Ravi Shankar Prasad releases “My Stamp on Chhath Puja”

Union Minister of Communications, Electronics & Information Technology and Law and Justice, Ravi Shankar Prasad has released a “My Stamp on Chhath Puja”.

My Stamp is an innovative concept initiated by the Department of Posts. Any common person or corporate organisation can now book order and get a personalised photograph or an image of a Postage Stamp.

My Stamp is one of the unique products being offered by India Post, which has gained its popularity in the customised gifting category.

My Stamp on Chhath Puja is available in all Philatelic bureaus and major post offices across the country. A special cover on the theme “Chhath-A symbol of Simplicity and Cleanliness” was also released.

Dr Harsh Vardhan addresses 33rd Stop TB Partnership Board meet

The Union Health Minister Dr Harsh Vardhan has addressed the 33rd Stop TB Partnership Board meeting in New Delhi through Video Conference.

During the meet, the minister has stressed on the need to create a mass movement for the elimination of TB with strategized advocacy, thought leadership, disruptive social entrepreneurship, powerful, societal and political commitment.

It must be noted that India is running the “TB Harega, Desh Jeetega” campaign that targets to achieve the Sustainable Development Goal target related to TB by 2025, five years ahead of the global target of 2030.

Vijayanagara becomes 31st District of Karnataka

The world heritage site of Hampi, the erstwhile capital of the Vijayanagar empire, will soon be part of a new district.

The Karnataka Government has approved to carve out Vijayanagara as a new district of the state.

Vijayanagara will be the 31st district of the State. The new district would be carved out of Ballari and named after the Vijayanagara empire that ruled from this region.

Useful notes for all competitive exams:

  • Chief Minister of Karnataka: B.S. Yediyurappa; Governor: Vajubhai Vala.

Economy News

Moody’s projects India GDP at -10.6% for FY21

Moody’s Investors Service has revised India’s GDP growth forecast to -10.6 per cent for the current fiscal 2020-21 (FY21), in its November 2020 update, from its earlier estimate of -11.5 per cent in September 2020.

For next fiscal 2021-22, Moody’s projected India to grow at 10.8 per cent, as against the previous estimate of 10.6 per cent.

Barclays Projects India’s GDP at -6.4% in FY21

Barclays has revised down its GDP forecast for India in the current fiscal year 2020-21 (FY21) to – 6.4% from its earlier estimate of  6%.

However, Barclays has raised its FY22 (2021-22) growth forecast to 8.5 per cent from 7 per cent.


Summits and Conferences

1st India-Luxembourg Virtual Summit

The Prime Minister of India,  Narendra Modi, and the Prime Minister of the Grand Duchy of Luxembourg, Xavier Bettel, held the first-ever India-Luxembourg Virtual Summit on 19 November 2020.

Both countries have friendly relation of over more than seven decades since the establishment of diplomatic relations in 1948. 

During the Summit, both parties agreed for enhanced cooperation in areas of trade, finance, steel, space, ICT, innovation, manufacturing, automotive, sustainable development, including through renewable energy, and the fight against climate change. Prime Minister welcomed Luxembourg’s announcement to join the International Solar Alliance (ISA), and invited it to join the Coalition for Disaster Resilient Infrastructure (CDRI).


Ranks and Reports

India Ranks 77 in TRACE Bribery Risk Matrix 2020

India is placed at 77th position in the TRACE Bribery Risk Matrix 2020. India has achieved a score of 45 in a global list that measures business bribery risks of 2020.

India’s rank stood 78 positions in 2019. It was a better performance than neighbouring nations such as Bangladesh, Pakistan, Nepal and China. But, Bhutan scored better than India and got 48th place in the list.

North Korea, Turkmenistan, South Sudan, Venezuela and Eritrea had the highest commercial bribery risk. Denmark, Norway, Finland, Sweden and New Zealand showed the lowest bribery risk.
The TRACE Matrix list is released by TRACE International, an anti-bribery standard-setting organisation, which measures business bribery risk in 194 countries, territories, and autonomous and semi-autonomous regions.


Defence News

30th India-Thai Coordinated Patrol (CORPAT)

The 30th edition of India-Thailand Coordinated Patrol (Indo-Thai CORPAT) was held between the Indian Navy and the Royal Thai Navy.

The Indian Naval Ship (INS) Karmuk, an indigenously built Missile Corvette and Thailand Ship (HTMS) Kraburi, a Chao Phraya Class Frigate along with Dornier Maritime Patrol Aircraft from both the navies participated in the CORPAT.

The two navies have been carrying out CORPAT along their International Maritime Boundary Line twice a year since 2005 to enhance bilateral ties and maritime cooperation.

Useful notes for all competitive exams:

  • Prime Minister of Thailand: Prayut Chan-o-cha.
  • Thailand Capital: Bangkok.
  • Thailand Currency: Thai baht.

Agreements News

GoI & NDB sign MoU for USD 500 Million for Public Transport System in NCR

The Government of India and the New Development Bank(NDB) have signed a loan agreement for lending USD 500 million for the ‘Delhi-Ghaziabad-Meerut Regional Rapid Transit System Project’.

This Regional Rapid Transit System provide fast, reliable, safe and comfortable public transport system in the National Capital Region (NCR).

The fast transit system will support in achieving the goal of sustainable urban development in the NCR region including the National Capital Territory of Delhi.

The environment friendly and very low emission RRTS will carry many times more people at high speed (average speed 100 kmph) while occupying just 3 m space on land thus reducing congestion on the roads.

Seamless high-speed connectivity will result in balanced economic development across the Region leading to economic benefits to all strata of society and many nodes of development rather than all economic activity happening at one place.

Useful notes for all competitive exams:

  • New Development Bank Headquarters location: Shanghai, China.
  • President of the New Development Bank: Marcos Troyjo.

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