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Daily Current Affairs 6th and 7th May 2023 Daily GK Update
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National News
National Manufacturing Innovation Survey 2021-22 released
- A survey conducted by the government’s Department of Science and Technology in collaboration with the United Nations Industrial Development Organization (UNIDO) on the level of innovation in manufacturing in India has found that the state of Karnataka is not only the most innovative in its manufacturing sector but also has the highest number of companies in manufacturing that carry out innovations.
- The National Manufacturing Innovation Survey (NMIS) 2021-22, released earlier this month, also found that innovation in manufacturing is the lowest in the Northeastern states (excluding Assam), followed by Bihar.
- DST ranked Karnataka, followed by Telangana, Tamil Nadu, Maharashtra, and Haryana as high innovation states. Uttarakhand has the highest score among the hill states.
- While Dadra and Nagar Haveli and Daman and Diu have the highest score among the UTs.
- Apart from Northeastern states, low-performing states include Jharkhand, Odisha and Andhra Pradesh.
- Telangana, Karnataka, and Tamil Nadu had the highest share of innovative firms at 46.18 per cent, 39.10 per cent and 31.90 per cent, respectively, among the total manufacturing firms surveyed from the respective states, according to the report.
- Odisha, Bihar, and Jharkhand reported the least share of innovative firms at 12.78 per cent, 13.47 per cent and 13.71 per cent, respectively.
10th Landport between India and Bangladesh inaugurated in Meghalaya
- The 10th Landport between India and Bangladesh was inaugurated at Dawki in Meghalaya by State Minister for Home Affairs Nityanand Rai.
- The landport will boost trade and facilitate easier travel between the two countries. It will strengthen the bonds of friendship between the two countries and open up many new opportunities.
- Dawki landport provides facilities like passenger and cargo terminal buildings, warehouse, canteen, toilet blocks for export drivers, sewage treatment plant among others to facilitate movement of people and trade between the two countries.
- The Dawki landport is situated about 84 kilometers away from the Meghalaya capital Shillong. The Dawki landport will serve as an important economic and transportation hub between India and Bangladesh.
- Opening of the landport on the Indian side will substantially ease the movement of people and goods across the borders of the two countries.
About Meghalaya
- Capital – Shillong
- Chief Minister – Conrad Kongkal Sangma
- Governor – Phagu Chauhan
‘Youth-20 Consultation Programme’ conference concludes in Uttarakhand
- A two-day ‘Youth-20 Consultation Programme’ conference organized under the aegis of G-20 under the Ministry of Youth Affairs and Sports, Government of India at All India Institute of Medical Sciences, Rishikesh, Uttarakhand.
- The theme of the conference was ‘Health Wellness and Sports’. The delegates discussed youth health, fitness and sports in the conference.
- About 250 delegates from India and abroad are participating in the conference.
G20 in News (Note – All Meetings are Under the Presidency of G20 by India)
- Science 20 Engagement Group Meeting – Bangaram Island, Lakshadweep (1 -2 May 2023)
- Y-20 Pre-Summit Meeting – Leh, Ladakh (26 – 28 April 2023)
- G20 Tourism Expo – Jaipur, Rajasthan (23 -25 April 2023)
- First G20 Finance Ministers and Central Bank Governors Meeting – Bengaluru, Karnataka (24 -25 April 2023)
- G-20 Research and Innovation Initiative Gathering Conference – Dharamshala, Himachal Pradesh (19-20 April 2023)
SJVN secures 100 MW wind power project in Gujarat
- State-owned SJVN Ltd has secured a 100 MW grid-connected wind power project in Gujarat.
- The project was awarded to SJVN Green Energy Limited, a wholly-owned subsidiary of SJVN, through a competitive bidding process followed by an e-reverse auction organized by Gujarat Urja Vikas Nigam Limited.
- The project, with an estimated cost of $108 million, will be developed by SGEL through an EPC contract and can be set up anywhere in India.
- In its first year, it is projected to generate 281 million units of electricity, with a 25-year total of 7,025 million units. The project will also help reduce carbon emissions by 344,255 tons.
- SJVN also emphasizes the importance of bolstering its green energy portfolio and advancing toward its 50,000 MW target by 2040.
About Gujarat
- Capital- Gandhinagar
- Chief Minister- Bhupendra Rajnikant Patel
- Governor- Acharya Devvrat
Banking and Financial
SEBI launches LEI system
- The Securities and Exchange Board of India (SEBI) has introduced the Legal Entity Identifier (LEI) system for issuers that have listed or are planning to list non-convertible securities, securitized debt instruments, and security receipts.
- The LEI is a unique global identifier for legal entities participating in financial transactions. Its purpose is to create a global reference data system that uniquely identifies every legal entity that is a party to a financial transaction.
- The LEI code is a 20-character code to identify legally distinct entities that engage in financial transactions.
- The LEI system will enable greater transparency and better risk management in the financial markets.
- The LEI system will also help prevent fraud and financial crimes by properly identifying and verifying legal entities participating in financial transactions.
- The Reserve Bank of India (RBI) mandates non-individual borrowers having an aggregate exposure of above Rs 25 crore to obtain the LEI code.
About Securities and Exchange Board of India (SEBI)
- Founded – 12 April 1988
- Act – 1992
- Headquarters – Mumbai
- Chairman – Madhabi Puri Buch
- SEBI Set up – Uday Kotak committee
Axis Bank partnered with India Shelter Finance for co-lending small loans
- Axis Bank and India Shelter Finance Corporation Ltd (India Shelter) have signed a strategic partnership under the co-lending model to offer secured MSME loans to middle and low-income borrowers in semi-urban areas.
- This partnership will leverage the deep financial expertise of Axis Bank and the strong loan processing technology of India Shelter to assess the borrower’s credit profile and offer them loans at an optimal interest rate, ensuring a seamless banking experience.
- The partnership will empower Axis Bank and India Shelter to reach out to potential customers in the informal segment who are new to credit and are underserved by larger institutions.
Recent MoU in Banking Sector
- Shivalik SFB partners with Arya.ag to empower small farmers
- Chennai Metro launched Singara Chennai Card with SBI
- Agri-tech company Fasal ties up with SBI to help farmers get easy access to loans
- HDFC Bank signs with Export-Import Bank of Korea for $300 million
- Citi Bank and the Japan International Cooperation Agency (JICA) have joined hands to provide a co-financing loan to IndusInd Bank Limited, a private commercial bank.
About Axis Bank
- Founded – 1993
- Headquarters – Mumbai, Maharashtra
- Chairman – Rakesh Makhija
- MD & CEO – Amitabh Chaudhary
- Tagline – Badhti Ka naam Zindagi
Appointment and Resignation
Mark Nicholas to become next president of MCC
- Former England cricketer and veteran commentator Mark Nicholas has been elected as the next president of the Marylebone Cricket Club (MCC).
- Nicholas will replace current president Stephen Fry and will assume responsibilities in October this year. His appointment was announced at the Club’s Annual General Meeting.
- Nicholas, who was elected as a Member of MCC in 1981, is one of the most recognizable figures in televised cricket, leading coverage at the very top of the game across the world.
- Mark scored over 25,000 runs – including an unbeaten hundred for MCC at Lord’s against the 1985 Australians – and took 173 wickets in a professional career spanning over two decades.
- He also captained Hampshire to four major trophies, three of which came in finals at Lord’s.
- He moved into the media following his retirement as a cricketer when he played as a top-order batter and medium-pace bowler for Hampshire and captained England A. Mark is a regular on ICC commentary teams for their global tournaments.
Wakefit signs Bollywood actor Ayushmann Khurrana as brand ambassador
- Manufacturer of mattresses, Wakefit Innovations Private Limited, has signed actor Ayushmann Khurrana as Wakefit.co’s brand ambassador.
- Besides being the face of the brand and spearheading upcoming campaigns, the actor will also help the brand in spreading awareness about sleep health and its importance in the modern context.
- In 2022, the company also announced its offline retail expansion and has launched 22 physical stores across the country with plans to open up more than 100 stores.
Recent Brand Ambassador
- Rishabh Pant – Star Sports Believe Ambassadors
- Rohit Sharma – JioCinema
- Virat Kohli – Brand influencer of HSBC India
- Ranveer Singh – Star Sports
- Virat Kohli – Luxor Writing Instruments Private Limited
- Shreya Ghodawat – India’s ambassador of ‘She Changes Climate’
Delhi HC appoints former Karnataka HC judge as Basketball Federation of India administrator
- Former Judge of the Karnataka High Court, P Krishna Bhat has been appointed by the Delhi High Court as the administrator of the Basketball Federation of India (BFI) to conduct elections in the organization.
- The appointment is effective immediately, and the administrator will continue to function until a newly-elected body takes charge of BFI.
- The court has instructed the administrator to ensure that the election process is concluded as soon as possible according to the Sports Code.
- This decision was made in response to several petitions regarding the election of office bearers and executive committee members for the term 2023-2027.
Ajay Vij appointed as MD of Accenture India
- Ajay Vij has been appointed as the Managing Director of Accenture India.
- Sandeep Dutta will take over as the lead for its India market unit.
- After a 20-year career at Accenture, Rekha M Menon, senior managing director and chairperson for Accenture in India will retire on June 30.
- Vij has been with Accenture for over 17 years.
About the Accenture
- Accenture is a global professional services company that provides a range of services and solutions in strategy, consulting, digital, technology, and operations.
- The company was founded in 1989 and is headquartered in Dublin, Ireland.
- Accenture operates in more than 200 cities in 51 countries and has over 500,000 employees globally.
Recent Appointment
- Administrator of the Basketball Federation of India (BFI) – P Krishna Bhat
- President of Marylebone Cricket Club (MCC) – Mark Nicholas
- Chairman and Managing Director of Coal India (CIL) – Polavarapu Mallikharjuna Prasad
- CEO of Qantas Airline – Vanessa Hudson
- Chairman of Atomic Energy Commission – Dr. Ajit Kumar Mohanty
- CEO of Vodafone – Margherita Della Valle
Sports
Pakistan’s Babar Azam becomes fastest player to reach 5000 runs
- Pakistan skipper Babar Azam has become the fastest player to reach 5000 runs in the ODI
- He crossed the 5000 run-mark in 97 innings. Babar broke Hashim Amla’s record of scoring 5000 runs in 101 innings.
- After Babar managed to edge past Amla’s record, the former West Indian legend Viv Richards moved to third position as he had scored 5000 runs in 114 innings.
- India’s star batter Virat Kohli had made 5000 runs in 114 innings, while Australia’s left-handed batter David Warner crossed the 5000 runs in 115 innings.
Javelin thrower Neeraj Chopra clinches Doha Diamond League title
- Olympic champion javelin thrower Neeraj Chopra won the Diamond League title with 88.67 m throw in Doha.
- Czech Republic’s Vadlejch stood second, with Grenada’s Peters finishing third.
- The 25-year-old Chopra, who had pocketed the 2022 Diamond League Final trophy in Switzerland last September, beat a star-studded field with a best throw of 88.67m to begin his season in style.
- On the other hand, India’s Eldhose Paul, who is a champion in triple jump at the Commonwealth Games, secured the 10th position in a field of 11 men during his Diamond League debut.
Important day
5 May – International Day of the Midwife
- International Day of the Midwife is observed every year on 5 May.
- This day is observed to honor midwives’ work and promote awareness about their importance in providing crucial care to mothers and their newborns.
- Theme 2023 – Together Again: From Evidence to Reality
- The concept of a day to commemorate and acknowledge midwives arose from a conference held by the International Confederation of Midwives in the Netherlands in 1987.
- The United Nations Population Fund (UNFPA), the International Confederation of Midwives (ICM), the World Health Organization (WHO), and Novametrics collaborated on the report, which demonstrates growth since the first edition in 2011 and outlines obstacles and challenges to future progress.
7 May – World Athletics Day
- World Athletics Day is celebrated every year on May 7.
- Objective – To promote sports and exercise as a means of preventing diseases and maintaining good health.
- Theme 2023 – Athletics for All – A New Beginning
- World Athletics Day was introduced by the International Amateur Athletic Federation (IAAF) in 1996 with the aim of promoting awareness of the physical and mental benefits of sports.
6 May – International No Diet Day
- International No Diet Day is celebrated every year on May 6.
- The day aims to promote body positivity and encourage people to embrace their physical appearance.
- It is a day to reject the societal pressures and unrealistic beauty standards that often lead to harmful dieting practices.
- In 1992, British feminist Mary Evans Young first came up with the idea of International No Diet Day.
- Young wanted to create a day that embraced bodies of all sizes because she had struggled with an eating issue herself.
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