Current Affairs Today 25th and 26th March 2023 Daily GK Update

Daily Current Affairs 25th and 26th March 2023 Daily GK Update

Daily current affairs are extremely important for competitive exams because they help candidates stay updated on the latest events and developments in the world. This knowledge is essential for answering questions in the general awareness or current affairs section of the exam, which is often included in many competitive exams such as UPSC, SSC, Bank Exams, etc. Additionally, having a good understanding of current affairs can also help candidates in other sections of the exam, such as reasoning, English, and quantitative aptitude. In short, staying updated on current affairs is crucial for performing well in competitive exams and increasing the chances of success.

 

National News

Cabinet approved 4% hike in dearness allowance to central government employees

  • The Centre has hiked the dearness allowance by 4 percent for all the government employees taking the total to 42 percent from 38 percent.
  • Centre will spend Rs 12,815 crore to fund the hike in dearness allowance, or DA, which will benefit over 1 crore employees of the central government.
  • Cabinet approved the release of an additional installment of Dearness Allowance (DA) to Central Government employees and Dearness Relief to Pensioners, which is due from the beginning of January 2023. This will benefit 47.58 lakh employees and 69.76 lakh pensioners.
  • This increase is in accordance with the accepted formula, which is based on the recommendations of the 7th Central Pay Commission. It is revised twice a year — in January and July — as per government rules. Last DA hike was announced on September 28, 2022, which got effective from July 1, 2022.

Health Minister chairs 36th Board Meeting of Stop TB Partnership

  • Union Minister of Health & Family Welfare Dr Mansukh Mandaviya has chaired the 36th Board Meeting of the Stop TB Partnership in New Delhi.
  • India has identified three important health priorities under the G20 Presidency and all of these are focused on universal health coverage and relevant to our response for TB elimination.
  • A lot of extraordinary work is being done on the ground through innovations in TB case finding, mathematical modelling, digital interventions and surveillance.
  • Efforts are being made to bring innovative strategies like Pradhan Mantri TB Mukt Bharat Abhiyan, which will be a unique campaign of its kind in the world.

Mansukh Mandaviya in News

  • Mansukh Mandaviya and Ashwini Vaishnaw flagged off Jan Aushadhi train as part of the week-long celebrations to commemorate the scheme.
  • Mansukh Mandaviya chaired CEO Conclave at PLASTINDIA 2023
  • Mansukh Mandaviya chaired a high-level meeting to eliminate Kala-azar from the country by 2023
  • Mansukh Mandaviya inaugurated FAI Annual Seminar at New Delhi

Amit Shah inaugurated Vedic Heritage portal in New Delhi

  • Union Home Minister Amit Shah has inaugurated the Vedic Heritage portal in New Delhi.
  • The portal aims to communicate message enshrined in the Vedas. It will help common people to have a general understanding about the Vedas.
  • The portal will be a one-stop solution for the user, who would like to search any information regarding the Vedic heritage.
  • The audio-visual recording of four Vedas has been uploaded on the Vedic Heritage portal.
  • It has over 18,000 mantras of the four vedas with a duration of over 550 hours.

Recent Inauguration by Amit Shah

  • Amit Shah virtually inaugurated development project in Ahmedabad worth Rs 154 cr
  • Amit Shah inaugurated the first phase of the Bangalore Safe City Project in Bengaluru, Karnataka.
  • Amit Shah laid the foundation stone for National Forensic Sciences University in Karnataka.
  • Amit Shah inaugurated 120-feet-tall polo statue in Manipur
  • Amit Shah has laid the foundation stone of the Central Detective Training Institute (CDTI) at Devanahalli in Karnataka.

 

Lok Sabha approves Rs 1.18 lakh crore budget for Jammu and Kashmir

  • The Lok Sabha passed the over Rs 1.18 lakh crore budget for the Union Territory of Jammu and Kashmir for 2023-24.
  • The 35% capital expenditure at Rs 41, 491cr is to be spent on development and infrastructure.
  • The expected revenue receipts are Rs 1,06,061 crore, whereas revenue expenditure is expected to be Rs 77,009 crore.
  • The economy of Jammu and Kashmir is expected to grow at 10%.

G20 Research and Innovation Initiative Gathering held in Assam

  • The two-day G20 Research and Innovation Initiative Gathering (RIIG) Conference began in Dibrugarh, Assam.
  • It deliberated on ways towards building a sustainable and circular bio-economy.
  • About 100 delegates from G20 members, guest countries and international organizations, along with invited participants from the scientific community were present on the occasion.
  • The area of focus will include challenges and opportunities in agriculture, de-carbonization of the industry as well as bio-energy and bioresource management.
  • This event will further promote active engagement between all key stakeholders, including the 3Ps (people, policies and places), and lead towards an inclusive policy-making approach providing a conceptual framework to mainstream circular bio-economy models across different sectors.

G20 in News (Note – All Meetings are Under the Presidency of G20 by India)

  • G20 Business Summit 2023 – Kohima, Nagaland (5 April 2023)
  • 2nd G20 Environment and Climate Sustainability Working Group Meeting – Gandhinagar, Gujarat (27 – 29 March 2023)
  • First Environment & Climate Sustainability Working Group (ESCWG) Meeting – Gandhinagar, Gujarat (27 – 29 March 2023)
  • Civil 20 (C20) Inception Meeting – Nagpur, Maharashtra (20 – 22 March 2023)
  • 2nd G20 Sustainable Financial Working Group (SFWG) Meeting – Udaipur in Rajasthan (21 -23 March 2023)

PM Modi launched ‘Call Before u Dig’ app

  • PM Narendra Modi has launched an app called ‘Call Before u Dig’.
  • Objective – To facilitate coordination between excavation agencies and underground utility owners to prevent damage to utilities due to digging.
  • It will help prevent uncoordinated digging that results in damage to underground utility assets like optical fibre cables, costing the government thousands of crores every year.
  • It has been developed by the department of telecommunications and the Bhaskaracharya Institute for Space Applications and Geoinformatics.

PM Modi in News

  • PM Modi addressed the ‘One World TB Summit’ at Rudrakash Convention Centre, at Varanasi.
  • PM Modi inaugurated new ITU Area Office and Innovation Center in New Delhi
  • PM Modi unveiled Bharat 6G Vision Document & 6G Research and Development Test Bed and Call Before U dig App.
  • PM Modi inaugurated the Global Millets Conference
  • PM Modi inaugurated longest railway platform in the world in Hubballi-Dharwad.

International News

26th edition of ‘Elevate Expo’ held in Dubai

  • The Twenty-sixth edition of ‘Elevate Expo’ was held in Dubai, United Arab Emirates (UAE).
  • The event saw the participation of six startups from India and the registration of 180 investors.
  • The six startups who participated in elevate session were winners of the National Startup Awards 2022.
  • Elevate is a pitching series organized by the Consulate General of India in Dubai, providing a platform for startups to connect with investors and global counterparts.
  • Six startups from India who participated

Film board Movie Technologies inc,

Trascender Services Pvt Ltd,

Cogos Technologies Pvt Ltd,

Changejar Technologies Pvt Ltd,

Makerinme Technologies Pvt Ltd,

Revamp Moto Pvt Ltd

About United Arab Emirates (UAE)

  • Capital – Abu Dhabi
  • Currency – Dirham
  • President – Mohamed bin Zayed Al Nahyan
  • Prime Minister – Mohammed bin Rashid Al Maktoum

26 % of world’s population does not have safe drinking water: UNESCO report

  • According to a report published by UNESCO at the United Nations 2023 Water Conference in New York, 26 percent of the world’s population does not have access to safe drinking water.
  • As per the report, between two and three billion people experience water shortages for at least one month per year, posing severe risks to livelihoods, notably through food security and access to electricity.
  • The global urban population facing water scarcity is projected to double from 930 million in 2016 to 1.7 to 2.4 billion people in 2050.
  • The growing incidence of extreme and prolonged droughts is also stressing ecosystems, with dire consequences for both plant and animal species.

About United Nations Educational, Scientific and Cultural Organization (UNESCO)

  • UNESCO (United Nations Educational, Scientific and Cultural Organization) is a specialized agency of the United Nations that promotes cooperation among nations through education, science, culture, and communication.
  • Formation – 16 November 1945
  • Headquarters – Paris, France
  • Director General – Audrey Azoulay (France)
  • Member countries – 193

Banking and Financial

RBI imposes monetary penalty of Rs 30 lakh on Karur Vysya Bank

  • The Reserve Bank of India (RBI) has imposed a monetary penalty of ₹30.00 lakh (Rupees Thirty lakh only) on Karur Vysya Bank Ltd. for non-compliance with certain provisions of the Reserve Bank of India (Frauds- Classification.
  • As per the report, the bank failed to report a few accounts as frauds to RBI within a week of the respective Joint Lenders’ Forum (JLF) decision to do so.

About Karur Vysya Bank

  • Founded- 1916
  • Founders- M. A. Venkatarama Chettiar, Athi Krishna Chettiar
  • Headquarters- Karur, Tamil Nadu
  • Chairman – Dr Meena Hemchandra

Awards

M T Vasudevan Nair awarded Kerala’s highest civilian honour

  • Kerala Governor Arif Muhammad Khan has presented maiden ‘Kerala Puraskarngal’, the state awards to the eminent personalities who have made an outstanding contribution in various spheres of social life.
  • The awards were given in three categories namely “Kerala Jyothi”, “Kerala Prabha” and “Kerala Shri”.
  • Kerala’s highest civilian honour “Kerala Jyothi” was awarded to writer M T Vasudevan Nair.
  • The second-highest award “Kerala Prabha” was shared by actor Mammootty, former civil service officer T Madhava Menon and writer Omchery NN Pillai.
  • Kerala Shri Puraskaram has been awarded to writer and activist MP Parameswaran, magician Gopinath Muthukad, sculptor Kanayi Kunhiraman, businessman and social worker Kochouseph Chittilappilly, musician Vaikom Vijayalakshmi and biologist Sathyabhama Das Biju.
  • In 2021, the government of Kerala instituted the civilian award “Kerala Puraskarangal” on the model of the Padama awards.

Recent Awards

  • National Humanities Medals 2022 by US Prez – Indian-American Mindy Kaling
  • Sangita Kalanidhi Award 2023 – Bombay Jayashri
  • Saraswati Samman for 2022 – Tamil writer Sivasankari (for Survya Vamsam book)
  • 32nd Vyas Samman 2022 – Gyan Chaturvedi (For Pagalkhana)
  • Pritzker Prize 2023 – David Chipperfield

Luis Caffarelli wins Abel Prize for maths

  • The Abel Prize for mathematics has been awarded to Argentine-American Luis Caffarelli, an expert in “partial differential equations” which can explain phenomena ranging from how water flows to population growth.
  • A professor at the University of Texas, Caffarelli (74) was honoured for his “seminal contributions to regularity theory for nonlinear partial differential equations,” the Norwegian Academy of Science and Letters said.
  • This type of equation models how several variables change with respect to each other, and play a prominent role in many disciplines, including engineering, physics, economics and biology.
  • The academy hailed in particular his groundbreaking contributions to the field of regularity theory over 40 years.

About Abel Prize

  • The Abel Prize is awarded annually by the King of Norway to one or more outstanding mathematicians.
  • It is named after the Norwegian mathematician Niels Henrik Abel and directly modeled after the Nobel Prizes.
  • It comes with a monetary award of 7.5 million Norwegian kroner.
  • It was first awarded in 2003.

Recent Awards

  • PEN/Nabokov Lifetime Achievement Award 2023 – Vinod Kumar Shukla
  • BBC Indian Sportswoman of The Year for 2022 – Mirabai Chanu
  • Entrepreneur of the Year 2022 – Sajjan Jindal
  • Marconi Prize 2023 – Hari Balakrishnan
  • UNESCO Peace Prize in Ivory Coast – Angela Merkel

Defence

India & UK hold joint maritime exercise ‘Konkan’ in Arabian Sea

  • The annual bilateral maritime exercise ‘Konkan’ between the Indian Navy and UK’s Royal Navy has held off the Konkan coast in the Arabian Sea.
  • The joint drill by the two navies demonstrated operational readiness, enhancing interoperability and improving the ability to conduct joint operations.
  • The exercise will go a long way in bolstering the combined efforts of the Indian Navy and Royal Navy to strengthen maritime security and uphold a rules-based order in the region.
  • INS Trishul, a guided missile frigate, and HMS Lancaster, a Type 23 guided missile frigate, participated in this edition and undertook multiple maritime drills to enhance interoperability and imbibe best practices. The exercises covered all domains of maritime operations, air, surface, and subsurface.

Recent Exercise

  • Africa-India Field Training Exercise (AFINDEX 2023) will be organized in Pune.
  • 3rd edition of the Sea Dragon exercises started between India and USA
  • The 13th edition EX Bold Kurukshetra, between India and Singapore was concluded at Jodhpur Military Station, India.
  • The third edition of the multilateral exercise ‘La Perouse’ between navies of India, US, Japan, France, UK and Australia held in the Indian Ocean Region.
  • 1st Joint Military Exercise FRINJEX-23 between Indian Army and French Army has been conducted at Pangode Military Station, Thiruvananthapuram in Kerala.

Ministry of Defence inks Rs 3,700 crore contracts with BEL

  • To enhance the operational capabilities of the Indian Air Force (IAF), the Defense Ministry has signed two separate contracts with Bharat Electronics Limited (BEL) at a total cost of over Rs 3,700 crore.
  • The first contract, worth over Rs 2,800 crore, pertains to the supply of Medium Power Radars (MPR) ‘Arudhra’ for the Indian Air Force.
  • The second contract, at an overall cost of approx. Rs 950 crore, relates to 129 DR-118 Radar Warning Receivers (RWR).
  • Both projects are under Buy Indian- IDMM (Indigenously Designed Developed and Manufactured) category.
  • The radar has been designed and developed by the Defense Research and Development Organization (DRDO) and will be manufactured by BEL.
  • These essentially embody the spirit of ‘Aatmanirbhar Bharat’ and will help facilitate the realisation of the country’s journey to achieve self-reliance in defence manufacturing.

Recent MoUs

  • NTPC signed with Italy-based Maire Technimont Pvt Ltd for green methanol production
  • NTPC Limited signed MoU with GE Power India Limited to reduce carbon intensity
  • NTPC signed an MoU with GE Gas Power for hydrogen co-firing in gas turbines
  • BHEL signed MoUs with Coal India Limited (CIL) and NLC India Limited (NLCIL) for setting up Coal Gasification based plants.
  • Coal India Limited (CIL) signed an MoU with Rajasthan Vidyut Utpadan Nigam Limited (RVUNL) for setting up 1190 MW solar power plant in the Bikaner district of Rajasthan.

Important day

25 March – International Day of Unborn Child

  • The International Day of the Unborn Child is observed annually on 25 March to commemorate the opposition to abortion.
  • The day is associated with the late Pope John Paul II who opposed the medical procedure of abortion.
  • Theme 2023- The dignity and value of children yet-to-be-born.
  • This day honours the millions of unborn children who died due to abortions. This day serves as a reminder that all human lives are special.
  • Every single human life is valuable and has dignity from the moment of conception. The nations mark this day as a show of opposition against abortion.

Obituary

Director Pradeep Sarkar passes away at 67

  • Filmmaker Pradeep Sarkar, known for hit films like Parineeta, Mardani passed away. He was 67.
  • He began his career in directing with the film Parineeta in 2005, starring Vidya Balan, and went on to direct other popular movies such as Laga Chunari Mein Daag, Helicopter Eela, and Lafangey Parindey.
  • In addition, he also directed several web series, including Coldd Lassi Aur Chicken Masala, Arranged Marriage And Forbidden Love, and Duranga.

 

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