Current Affairs in English

24th and 25th Jan 2022 Current Affairs in English

National

PM Narendra Modi unveils hologram statue of Netaji Subhas Chandra Bose

Prime Minister Narendra Modi has unveiled a hologram statue of Netaji Subhas Chandra Bose at India Gate on Parakram Divas. The size of the hologram statue is 28 feet in height and 6 feet in width. A grand statue, which will be made of granite, will replace the hologram statue once it is completed.

The statue is being installed on the 125th birth anniversary as a tribute to the immense contribution of Netaji in the country’s freedom struggle and would be a symbol of the country’s indebtedness to him.

The prime minister also conferred the ’Subhas Chandra Bose Aapda Prabandhan Puraskar’ for the years 2019, 2020, 2021, and 2022 in the investiture ceremony. A total of seven awards were presented during the ceremony.

Gujarat Institute of Disaster Management (in the Institutional category) and Professor Vinod Sharma (in the Individual category) have been selected for the Subhash Chandra Bose Aapda Prabandhan Puraskar for their excellent work in Disaster Management for the year 2022.

India’s First “District Good Governance Index” launched

The Union Minister of Home and Cooperation Amit Shah has virtually released India’s First “District Good Governance Index” for 20 districts of Jammu and Kashmir. The top 5 districts in the District Good Governance Index” are (1) Jammu, (2) Doda, (3) Samba, (4) Pulwama, and (5) Srinagar.

This index has been prepared by the Department of Administrative Reforms and Public Grievances (DARPG) in collaboration with the Government of Jammu & Kashmir. The District Good Governance Index (DGGI) is a framework document comprising of performance under ten governance sectors having 58 indicators with 116 data points.

Govt announces 40-100 percent subsidy to popularise drone in agriculture

Union Agriculture Ministry has amended the guidelines of Sub-Mission on Agricultural Mechanization (SMAM) to provide 40-100 percent subsidy until March 2023 in purchasing drones for farm mechanization. After the amendment, a grant for the purchase of drones up to 100 percent of the cost of agriculture drones or Rs 10 lakhs, whichever is less, can be given.

Farm Machinery Training and Testing Institutes, Indian Council of Agricultural Research (ICAR) institutes, Krishi Vigyan Kendras, and State Agriculture Universities- 100% subsidy- Rs 10 lakh maximum

Agriculture graduates establishing Custom Hiring Centers (CHCs)= 50 percent subsidy up to Rs 5 lakh

Existing CHCs or new ones, already or to be set up by a cooperative society of farmers, farmer producers organizations (FPOs), and rural entrepreneurs are entitled to receive= a 40 percent subsidy (maximum Rs 4 lakh).

Useful notes for all competitive exams:

  • Union Minister of Agriculture: Narendra Singh Tomar.

International

Barbados Prime Minister Mia Mottley wins second consecutive term

Barbados Prime Minister Mia Mottley was sworn in for a second term in office on 20 January 2022, following a landslide victory by her party in the 2022 election. She is serving as the Prime Minister of Barbados since 2018.

She is the leader of the Barbados Labour Party (BLP) since 2008. She is the first woman prime minister of the country as well as first PM under a republic system.

Useful notes for all competitive exams:

  • Barbados Capital: Bridgetown;
  • Barbados Currency: Barbados Dollar.

NATO partners to hold maritime drills in the Mediterranean Sea

The NATO (North Atlantic Treaty Organization) member countries will be conducting a 12-day maritime exercise in the Mediterranean Sea from January 24, 2022. The name of the maritime exercise is “Neptune Strike ’22”. The naval drill will end on February 04, 2022. The main purpose of this exercise will be to demonstrate and test NATO’s wide range of maritime capabilities.

The US announced the decision to hold NATO naval drills, which will involve the participation of the USS Harry Truman aircraft carrier, a day after Russia said it would demonstrate its own naval capabilities for two months, January and February, from the Pacific to the Atlantic Sea.

Useful notes for all competitive exams:

  • NATO Headquarters: Brussels, Belgium.
  • NATO Chairman of the NATO Military Committee: Admiral Rob Bauer.
  • Member countries of NATO: 30; Founded:  4 April 1949.

States News

Himachal Pradesh CM launched ‘Apna Kangra’ app

Chief Minister of Himachal Pradesh, Jai Ram Thakur has launched the ‘Apna Kangra’ app and hampers handcrafted by self-help groups (SHGs) at Dharamsala, Himachal Pradesh.

The app aims to provide a hassle-free experience for tourists and to boost sales of local handicrafts. While the app is bound to provide a unique experience for tourists on the one hand, on the other it will serve as an e-marketing platform for SHG products from the district.

The CM also virtually inaugurated Radhe Krishna Cow Sanctuary at Luthan in the Jawalamukhi Vidhan Sabha area of Kangra. The govt of HP initiated the scheme ‘Mukhya Mantri HIMCARE’ to provide medical services to cattle.

Useful notes for all competitive exams:

  • Himachal Pradesh Capital: Shimla (Summer), Dharamshala (Winter);
  • Himachal Pradesh Governor: Rajendra Arlekar;
  • Himachal Pradesh Chief Minister: Jai Ram Thakur.

Karnataka became India’s first state to launch the AVGC Center of Excellence

The government of Karnataka has launched India’s first AVGC Center of Excellence (CoE) (Animation, Visual Effects, Gaming, and Comics) in Mahadevapura, Bengaluru, Karnataka.

AVGC CoE was launched with pioneering high technology digital media hub under its Innovate Karnataka initiative. It is funded by the Department of Electronics Information Technology Biotechnology and Science & Technology. Karnataka became India’s first state to set up such an AVGC CoE, it is also the biggest center in Asia.

The center also has a finishing school that offers unique courses based on emerging technology such as virtual reality, digital compression, photogrammetry, gamification of education, real-time virtual production, and other emerging technologies.

Useful notes for all competitive exams:

  • Karnataka Capital: Bengaluru;
  • Karnataka Chief Minister: Basavaraj S Bommai;
  • Karnataka Governor: Thawar Chand Gehlot.

Appointments

GoodDot ropes in Neeraj Chopra as its brand ambassador

Plant-based meat company GoodDot has roped in Neeraj Chopra as its brand ambassador. With this association, the company wants to create awareness about the new category of plant-based meats. It also wants to send out a message that small changes in lifestyle and food choices can go a long way in making the world a better place.

The company provides alternatives to mutton, chicken, and eggs and is a Direct-to-consumer (D2C) player so far and sells also through online marketplaces like Amazon, Flipkart, etc. It also sells in countries like Canada, Singapore, Nepal, Dubai, South Africa, Mauritius, and Oman.

Agreements

Jio tie-up with Finland’s University of Oulu to accelerate 6G research

Jio Platforms (JPL) has signed a pact with the University of Oulu, Finland, to accelerate research and standardization in 6G technology. JPL and the University of Oulu will collaborate in Research and Development (R&D) of aerial and space communication, holographic beamforming, 3D-connected intelligence in cybersecurity, microelectronics, and photonics.

The collaboration will develop competency with 6G enabled products in the defense, automotive, white goods, industrial machinery, consumer goods, efficient manufacturing, novel personal smart device environments, and experiences such as urban computing and autonomous traffic settings.

Defence

Indian Armed Force selected ‘Saab’ for the supply of Anti-Armour weapon

Swedish defense company ‘Saab’ had been selected by the Indian Armed Force through a competitive program for the supply of single-shot anti-armor weapon AT4. AT4 will be used by the Indian Army and the Indian Air Force.

The order includes the AT4CS AST, which can be fired from confined spaces such as from inside buildings, bunkers, and other urban environments. Carl-Gustaf system of Saab is being already used by the Indian Armed Forces.

AT4 will be operated by a single soldier and its single-shot system has proven efficacy against structures landing craft helicopters armored vehicles and personnel. Its 84 mm caliber warhead offers enhanced power and performance to the Indian armed forces.

The weapon can be fired with a range of projectiles, such as high-explosive anti-tank rounds, anti-structure tandem-warheads, and high explosive rounds. It can penetrate more than 17.5 inches (44 centimeters) of armor.

The AT4 is equipped with an optical night sight for missions in low-light environments and has a minimum arming distance of 10 meters (32.8 feet), making it more accurate when hitting closer targets.

Useful notes for all competitive exams:

  • Saab Founded: 1937;
  • Saab Headquarters: Stockholm, Sweden;
  • Saab President and CEO: Micael Johansson.

Banking

RBI Paper: Optimal hedge ratio for ECBs is at 63%

According to a Reserve Bank of India (RBI) Working Paper, the optimal hedge ratio for the External Commercial Borrowings (ECBs) raised by firms in India is estimated at 63 percent for the periods of high volatility in the foreign exchange (forex/FX) market.

An optimal hedge ratio is a ratio that implies the percentage of total asset or liability exposure that an entity ought to hedge against exchange rate fluctuations.

According to the Paper, domestic economic activity and movements in the exchange rate of the Indian rupee are the two major factors influencing the ECBs issuance. Depreciation of the Indian rupee has an adverse impact on the issuance of ECBs in the short as well as long run.

Awards

Former Japan PM Shinzo Abe gave Netaji Award 2022

Former Japan Prime Minister Shinzo Abe was conferred with the Netaji Award 2022 by Netaji Research Bureau. Consul General of Japan in Kolkata Nakamura Yutaka received the honor on behalf of Mr. Abe at a function at the Elgin Road residence of Netaji Subhas Chandra Bose on his 125th birth anniversary.

Satoshi Suzuki, the Japanese Ambassador to India, addressed the program remotely from New Delhi. Abe is a tremendous admirer of Netaji, according to Sugata Bose, the famed liberation fighter’s grand-nephew and Director of the Netaji Research Bureau. Moreover, in January 2021, India bestowed the Padma Vibhushan on former Japanese Prime Minister Shinzo Abe, the country’s second-highest civilian honor.

Ranks and Reports

NITI Aayog & RMI India releases report ‘Banking on Electric Vehicles in India’

NITI Aayog has released a report titled ‘Banking on Electric Vehicles in India’ on January 22, 2022, which outlines the need and importance of the inclusion of Electric Vehicles in RBI priority-sector lending guidelines.

The report has been developed by NITI Aayog in collaboration with US-based non-profit organizations Rocky Mountain Institute (RMI), and RMI India.

The report has indicated electric two-wheelers, three-wheelers, and commercial four-wheelers as early segments to prioritize under Priority Sector Lending. The suggestion has also been made to recognize Electric Vehicles as an infrastructure sub-sector by the Finance Ministry and the incorporation of electric vehicles as a separate reporting category under RBI.

Science and Technology

ISRO Successfully Tests Vikas engine in Mahendragiri, Tamil Nadu

The Indian Space Research Organisation (ISRO) successfully test-fired the Vikas engine that would power India’s first human-carry rocket (Gaganyaan human space mission).

This qualification test of the Vikas Engine for the Gaganyaan human space mission was conducted by ISRO at Mahendragiri, Tamil Nadu. More such tests on Vikas Engine will be conducted in the future by ISRO.

The test was carried out to verify the robustness of the engine by operating beyond its nominal operating conditions (fuel-oxidizer ratio and chamber pressure). The performance of the engine met the test objectives and the engine parameters were closely matching with the predictions during the entire duration of the test.

Useful notes for all competitive exams:

  • Chairman and Space Secretary of ISRO: Dr S Somanath;
  • ISRO Headquarters: Bengaluru, Karnataka;
  • ISRO established: 15 August 1969.

Sports

India’s first para-badminton academy launched in Lucknow

India’s first para-badminton academy has been set up in Lucknow, Uttar Pradesh. It has all the advanced equipment and facilities. The set-up will improve India’s medal prospects at the 2024 Paralympics to be held in Paris, France at Stade de France stadium.

The badminton center has been launched by the head national coach of the Indian para-badminton team, Gaurav Khanna, in association with Ageas Federal Life Insurance.

PV Sindhu wins title at Syed Modi badminton 2022

Ace Indian shuttler, PV Sindhu has bagged the women’s singles title at the Syed Modi International Tournament in Lucknow. Sindhu beat fellow Indian Malvika Bansod 21-13 21-16 to win her second Syed Modi title after 2017.

The 2022 Syed Modi International badminton tournament was held at Babu Banarasi Das Indoor Stadium in Lucknow, Uttar Pradesh from 18 to 23 January 2022.

Winners in other categories:

  • Men’s singles: Final was declared a ‘No Match’ between Arnaud Merkle and Lucas Claerbout, after one of the finalists tested positive for Covid-19.
  • Men’s doubles: Man Wei Chong and Tee Kai Wun (Malaysia)
  • Women’s doubles: Anna Cheong and Teoh Mei Xing (Malaysia)
  • Mixed Doubles: Ishaan Bhatnagar and Tanisha Castro (India).

Important Days

Parakram Diwas: Netaji Subhas Chandra Bose 125th Birth Anniversary

The Indian government has decided to celebrate January 23rd as ‘Parakram Diwas’ to commemorate the birth anniversary of Netaji Subhas Chandra Bose. This year is the 125th Birth Anniversary of Netaji Subhas Chandra Bose.

Netaji was born on January 23, 1897. The day is celebrated to honor and remember Netaji’s indomitable spirit and selfless service to the nation.

International Day of Education observed on 24 January

The International Day of Education is marked every year on 24 January globally to celebrate the role of education in bringing global peace and sustainable development.

The first-ever International Day of Education was celebrated on 24 January 2019 as per the resolution passed by the United Nations General Assembly on December 3rd, 2018 to celebrate the role of education in development.

The theme of the 4th International Day of Education in 2022 is Changing Course, Transforming Education. The celebration is led by the UN Educational, Scientific, and Cultural Organization (UNESCO).

National Girl Child Day was observed on 24 January 2022

In India, the National Girl Child Day (NGCD) is observed annually on January 24. The day aims to focus on the inequalities faced by girls, to promote the education, health & nutrition of the girl child, and to spread awareness about the rights of a girl child. The day was observed for the first time in 2008 as an initiative by the Ministry of Women and Child Development and the Government of India.

The day was initiated to spread awareness among people about all the inequalities faced by girls in the country. The day promotes awareness about the rights of a girl child and increases awareness of the importance of girl education, health, and nutrition.

Obituary

Former India footballer Subhas Bhowmick passes away

Former India footballer Subhas Bhowmick has passed away at the age of 72 years due to prolonged illness. He was born in West Bengal. He was part of the Indian Football team that won a bronze medal at the 1970 Asian Games (held in Bangkok).

He also scored a hat-trick against the Philippines in the Merdeka Cup in 1971. He has also served as the coach for football teams like Mohun Bagan and East Bengal.


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