Daily Current Affairs Headlines 22 Sep 2020

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National Headlines

PM Modi launches “Ghar Tak Fibre” scheme in Bihar

Prime Minister Narendra Modi launched nine highway projects and Optical Fibre Internet Services in Bihar. The optical fibre services are being provided under the scheme “Ghar Tak Fibre”. These services are to be executed along with combined efforts of Common Service Centre.

The project is to be implemented Ministry of Electronics and Information Technology under the scheme “Ghar Tak Fibre”. The project will connect 45,945 villages in the state and will thus enable the Digital revolution to reach the farthest corner of Bihar.

The scheme aims to provide optical fibre enabled internet connections to every home in the country, concentrating on the village and rural areas. During his 74th independence-day address, PM Modi had said that over 1.5 lakh village panchayats have received optical fibre connections after 2014 under the scheme.

The CSC Wi-Fi Choupal is an initiative to provide high-speed internet connectivity to rural India. It ensures digital connectivity using Bharat Net.

Useful Notes for all competitive exams:

  • Chief Minister of Bihar: Nitish Kumar; Governor: Phagu Chauhan.
  • Minister of State in the Ministry of Electronics and Information Technology:  Dhotre Sanjay Shamrao.

India launches cargo ferry with Maldives

India and the Maldives have launched the first-ever direct Cargo Ferry Service on 21 September 2020 to boost trade between the two countries. The cargo ferry service will connect the Indian ports of Tuticorin and Cochin ports with Kulhudhuhfushi and Male ports in the Maldives.

This initiative will help to cut costs and reduce the time taken to transport goods between the two countries. The Cargo Ferry Vessel MCP Linz operated by the Shipping Corporation of India (SCI) will be used to connect the Indian and Maldivian ports.

Useful Notes for all competitive exams:

  • Shipping Corporation of India (SCI) MD & Chairman: Mrs H.K.Joshi.
  • Shipping Corporation of India (SCI) Headquarters: Mumbai, Maharashtra.
  • Shipping Corporation of India Founded: 1950.

Logo and song for “Destination North East-2020″ festival unveiled

The Union Minister, Dr Jitendra Singh has unveiled the Logo and song for festival “Destination North East-2020” (The Emerging Delightful Destinations) through a video conference.

The four-day event is to be formally inaugurated by Home Minister Amit Shah on September 27, 2020. The festival helps to familiarize people of other parts of the country with the rich unexplored potential of North East.

It also promotes the tourism potential of the North East. The festival will give a boost to handicrafts, handloom, organic products and cultural troupes of North East.

The main objective of the programme is to make the unexplored potentials of the North East Region available to the young entrepreneurs all over the country. The festival was launched in a couple of years in 2018 (in Chandigarh) and in 2019 (in India Gate, New Delhi).

J&K launched National Generic Document Registration System

Lieutenant Governor of Jammu and Kashmir, Manoj Sinha launched the National Generic Document Registration System for the union territory.

The system was developed by the National Informatics Centre (NIC) to address the diversity and variations that prevails across the states on account of formats, languages, processes and formulae.

The software enables “anywhere access” to information and data to both the Enforcement Agencies and to the common man.

The system has so far been adopted in three states namely Punjab, Rajasthan and Maharashtra. Six more states and union territories such as Andaman and Nicobar Islands, Goa, Bihar, Manipur, Jharkhand and Mizoram are moving towards the system.

The national generic document registration system was developed under Digital India Land Records Modernization Programme.


Banking & Business News

HDFC Bank launches video Know Your Customer facility

HDFC Bank has launched video KYC (Know Your Customer) facility for its customers. The consent-based Video KYC facility is an alternate method of establishing the prospective customer’s identity, during the account opening process in a safe and secure environment.

As per the Reserve Bank of India (RBI) directions, successful completion of Video KYC is equivalent to full KYC and the customers is eligible for all financial / banking products.

HDFC Bank video KYC facility will be rolled in a phased manner. In the first phase, savings and corporate salary and personal loan customers can avail this facility.

The video KYC process is online, secure, and quick. It is a paperless, contactless, and recorded interaction between a Bank official and the customer.

IDFC Mutual Fund launches ‘SIP in Fixed Income’ campaign

IDFC Mutual Fund has started a new campaign called SIFI or `SIP in Fixed Income’. The new campaign called SIFI has been launched to make investors more aware of the benefits of investing in fixed income products via Systematic Investment Plans.

SIFI can help in generating better risk-adjusted returns, and the debt fund SIP can help cushion the impact of higher volatility in equity markets, thereby balancing the allocation. IDFC Mutual Fund’s SIFI initiative aims to inform investors how a combination of equity and debt SIPs can help them navigate troubled times.

Useful Notes for all competitive exams:

  • Chief Executive Officer of IDFC AMC: Vishal Kapoor.

Awards & Recognitions

PM Modi awarded Ig Nobel Prize 2020 for medical Education

Prime Minister of India, Narendra Modi has been awarded the Ig Nobel Prize 2020 for Medical Education. He has been awarded the prestigious award for “using the COVID-19 pandemic to teach the world that politicians can have a more immediate effect on life and death than scientists and doctors can”.

PM Modi is the second Indian Prime Minister to be honoured with the Ig Nobel Prize. Prior to this, Atal Bihari Vajpayee was awarded in 1998. He jointly won the Ig Nobel Peace Prize with Prime Minister Nawaz Sharif of Pakistan for aggressively peaceful explosions of atomic bombs.

PM Modi shares the award with Jair Bolsonaro of Brazil, Boris Johnson of the United Kingdom, Andrés Manuel López Obrador of Mexico, Alexander Lukashenko of Belarus, Donald Trump of the USA, Recep Tayyip Erdogan of Turkey, Vladimir Putin of Russia, and Gurbanguly Berdimuhamedow of Turkmenistan.

Sports News

Novak Djokovic wins 2020 Italian Open title

Novak Djokovic has defeated Argentine Diego Schwartzman, 7-6, 5-3, to win 2020 Men’s Single Italian Open title and his fifth overall Rome title.

In Women’s single, Simona Halep defeated champion Karolina Pliskova, 6-0, 2-1, to win her first Italian Open title.

Winners List:

CategoryName of the Sportsperson
Men’s SingleNovak Djokovic
Women’s SingleSimona Halep
Men’s DoubleMarcel Granollers and Horacio Zeballos
Women’s DoubleHsieh Su-wei and Barbora Strycova

Obituary

Former Canadian PM John Turner passes away

The former Prime Minister of Canada, John Turner passed away. He served as the Prime Minister for just 79 days in 1984, the 2nd shortest term in the office recorded in the history of Canada. He was born on 7th June 1929 at Richmond, England.

He served in the cabinet of Prime Minister Pierre Trudeau as the justice minister from 1968 to 1972 during which he created the federal court, defended against the criminalisation of homosexuality and abortion in the 1960s among other reforms. He was named the companion of the Order of Canada in 1994.

Nepal’s Legendary Mountaineer Ang Rita Sherpa passes away

Nepal-based Ang Rita Sherpa, the first man to climb Mount Everest 10 times, passed away. He made all the ascents to the world’s tallest mountain between 1983 and 1996 and that too without bottled oxygen. He was therefore also known as the “snow leopard” for his climbing skills.

The mountaineering legend was awarded a prestigious Guinness World Record certificate for making the most number of successful ascents on the 8,848-meter Mt Everest without using supplemental oxygen.