Important Current Affairs 20th August 2021

NATIONAL

Odisha: India’s first state to Provide Smart Health Cards

• Odisha is all set to launch India’s first ‘Smart Health Cards scheme’ covering its 3.5 crore people of 96 lakh families under the Biju Swasthya Kalyan Yojana. The information for the same was provided by Odisha Chief Minister (CM) Naveen Patnaik while addressing the 75th Independence Day celebrations in Bhubaneswar. The objective behind Smart Health Cards is to provide hassle-free quality treatment at the best available health care facilities. These cards will work like debit cards for a certain amount.

• Through this scheme, Central Government health benefits can also be accessed.

• The beneficiaries of National and State Food Security Schemes, Annapurna and Antyodaya schemes will get this card and henceforth each family can avail treatment cost up to Rs 5 lakh per annum.

India launched “UNITE Aware” Platform in collaboration with UN

• India has launched a tech platform named “UNITE Aware”, in collaboration with the UN, for improving the safety and security of the UN peacekeepers. The platform was launched in the presence of External Affairs Minister S Jaishankar at the UN headquarters. The launch of the UNITE AWARE platform came as India assumed the Presidency of the 15-nation UN Security Council for the month of August.

• India has contributed USD 1.64 million for UNITE Aware. UNITE Aware platform will provide terrain-related information to the United Nations military personnel (Blue Helmets) in the line of duty. India has developed the technology platform in partnership with the UN Department of Peacekeeping Operations and the Department of Operational Support.

All-women team of three armed forces summits Mount Manirang in Himachal Pradesh

• An ‘All Women Tri-Services Mountaineering Team’ successfully scaled Mt Manirang (21,625 ft) in Himachal Pradesh on August 15, 2021, and unfurled the national flag as a part of commemorative activities for ‘Azadi Ka Amrut Mahotsav’, to celebrate the 75 years of Independence.

• The 15-member expedition team was flagged off on August 01, 2021, from Air Force Station, New Delhi, by the Indian Air Force. The team was led by Wing Commander Bhavana Mehra of the Indian Air Force.

APPOINTMENT & RESIGNATION

Olympian PR Sreejesh is the become the brand ambassador of Kerala adventure tourism

• Olympian Parattu Raveendran Sreejesh (PR Sreejesh), goalkeeper and former captain of the Indian National Hockey team is set to be named as the brand ambassador of adventure tourism in Kerala.

• Sreejesh was a part of the Indian Hockey team that won the bronze medal at the Tokyo 2020 Olympic games. PR Sreejesh hails from Ernakulam, Kerala.

IMPORTANT DAYS

World Mosquito Day 2021 : 20th  August

• World Mosquito Day is observed on 20 August annually to raise awareness about the causes of malaria and how it can be prevented. This day is observed to highlight the efforts of healthcare officials, NGOs, and others in fighting diseases caused by malaria. On World Mosquito Day every year, awareness is created around diseases caused by mosquitoes.

• This year amid the coronavirus pandemic, the theme of World Mosquito Day 2021 is “Reaching the zero-malaria target”.

• There are several different mosquitoes that act as vectors for different diseases. Aedes mosquitoes cause chikungunya, dengue fever, lymphatic filariasis, rift valley fever, yellow fever, and zika. Anopheles cause malaria, lymphatic filariasis (in Africa).

Sadbhavana Diwas 2021: 20th August

• Every year India observes Sadbhavana Diwas on August 20 to commemorate the birth anniversary of late erstwhile Prime Minister, Rajiv Gandhi. This year on 20th August 2021, we are going to celebrate the 77th birth anniversary of former Prime Minister Rajiv Gandhi. The Indian National Congress instituted Rajiv Gandhi Sadbhavana Award in 1992, a year after his death.

• Every year this day is celebrated in the memory of the late Rajiv Gandhi who was the youngest Prime Minister of India at the age of 40 years. In lieu of paying tribute to his vision for India, on this occasion contributions to society betterments are made.

• Rajiv Gandhi became Prime Minister at an age of 40 years after the assassination of his mother Indra Gandhi and served from 1984-89.

Akshay Urja Diwas 2021: 20th August

• Akshay Urja Diwas (Renewable Energy Day) is observed every year on 20 August to raise awareness about the developments and adoption of renewable energy in India. The Akshay Urja Day was initiated by the Indian Ministry for New & Renewable Energy Sources in 2004. Energy such as Biogas, Solar Energy, Wind energy, hydroelectrical power is a few examples of Akshay Urja. The main motive of Akshya urja Diwas is to make people aware that they have to think about renewable energy (Akshya Urja) apart from traditional energy.

• Indian Akshay Urja Day was established in 2004 to support renewable energy development programs and promote its use instead of traditional sources of energy. The very first event relating to Akshay Urja Diwas was organized in New Delhi. In 2004, Prime Minister  Manmohan Singh has released a commemorative stamp, and 12,000 schoolchildren formed a human chain to promote renewable energy. The 20th of August wasn’t chosen at random to be the date of the observance. This day marks the birthday anniversary of Rajiv Gandhi, former Prime Minister of India.

BANKING AND ECONOMIC

Reserve Bank of India is putting in place a Platform for Regulated Entities for (PRISM)

• The Reserve Bank of India is putting in place a Platform for Regulated Entities for Integrated Supervision and Monitoring (PRISM), a web-based end-to-end workflow automation system, to strengthen compliance by supervised entities (SEs). This is aimed at helping supervised entities to strengthen their internal defences and resilience and bringing focus on root cause analysis (RCA).

• PRISM will have various functionalities (inspection; compliance; incident functionality for cybersecurity; complaints; and returns functionalities), with built-in remediation workflows, time tracking, notifications and alerts, management information system (MIS) reports and dashboards.

Reserve Bank of India to introduce ‘Regulatory GAAR’ for round tripping

• The Reserve Bank of India (RBI) has come up with a draft rule with modifications in the existing regulation related to foreign investment to discourage round-tripping. The central bank is looking to tweak the existing regulations and has come up with draft rules around round-tripping. Some of the largest Indian companies, startups and multinationals with an India presence have put their outbound investment, fundraising and restructuring plans on hold as the RBI looks to introduce fresh regulations around “round-tripping.”

• According to the draft rule, any investment made outside India is an entity, in turn, invests in India will be treated as round-tripping if the purpose is to escape tax. This is as the same definition and rationale used by the tax department under General Anti Avoidance Rule (GAAR) which companies have been complaining is quite broad in its scope.