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Important Current Affairs 24th August 2020

National

Nitin Gadkari launches mobile app ‘Harit Path’ to monitor plantation along national highways

• The Union Minister for road transport and highways Nitin Gadkari has launched a mobile app called ‘Harit Path’ on 21 August 2020, via video conference while chairing a meeting to review ‘New Green Highways Policy (Plantation)’ and discuss use of new technologies in road construction.

• The app ‘Harit Path’ has been developed by the National Highways authority of India (NHAI) to monitor the plantation and transplantation of trees along the highways, through geo-tagging and web-based GIS enabled monitoring tools.

Population Projects India’s Population to be More Feminine by 2036

• The National Commission on Population under the Ministry of Health and Family Welfare  (MoHFW) submitted the Report of the Technical group on population projections July 2020, titled “Population projections for India and States 2011- 2036”.

• The report projected that the India’s sex ratio of the total population (females per 1000 males) is expected to be more feminine in 2036 compared to the population as of 2011.

• Youth population (15-24 years) is expected to increase from 23.3 crores in 2011 to 25.2 crores in 2021 and then continue to decrease to 22.7 crores in 2036.

Union Minister Ram Vilas Paswan Launches Online Registration and Renewal of Gold Hallmarking Centres

• Union Minister for Consumer Affairs, Food & Public Distribution Ram Vilas Paswan virtually launched an online system for registration and renewal of licence of gold assaying and hallmarking (A&H) centres. The online system can be accessed through the Bureau of Indian Standards (BIS) web portal – www.manakonline.in.

• The online mode of registration & renewal will help in ease of doing business for the jewellers and entrepreneurs who have established hallmarking centres or want to do so in future.

Banking and Economy

Axis Bank launches hiring initiative named ‘Gig-a-Opportunities’

• Axis Bank has launched a new initiative named ‘Gig-a-Opportunities’. The initiative aims to attract skilled talent that can work with the bank remotely, from anywhere in the country.

• This hiring model comprises two working patterns. One is the full-time permanent job and the second is based on the duration of a project and is temporary in nature.

Awards

Wing Commander Gajanand Yadava wins Tenzing Norgay National Adventure Award 2019

• Wing Commander Gajanand Yadava has won the ‘Tenzing Norgey National Adventure Award 2019' in air adventure category. The Indian Air Force congratulated Yadava for the special award through a post on Twitter.

• Gajanand Yadava is a Parachute Jump Instructor. He is also a member of IAF's Skydiving Team `Akash Ganga`. He has undertaken more than 2900 jumps till date, stated the Indian Air Force in its post.

• The IAF also shared few glimpses of Gajanand Yadava skydiving and flying a parachute.

Anand Mahindra and Shantanu Narayen selected for 2020 Leadership Awards by USISP

• Anand Mahindra (Mahindra group Chairman) and Shantanu Narayen (Adobe Chairman and CEO) will be awarded the 2020 Leadership Awards by the US-India Strategic Partnership Forum (USISPF).

• They will be awarded during the third Annual Leadership Summit, titled ”US-India Week: Navigating New Challenges”, which will be held virtually from August 31, 2020 to September 03, 2020.

Acquisitions and Mergers

General insurance companies ICICI Lombard and Bharti AXA announces merger

• ICICI Lombard General Insurance Company and Bharti AXA General Insurance Company have announced the merger of their businesses.

•  The merger would result in an entity with a combined annual premium of Rs 16,447 crore and a market share of nearly 8.7%.

• After the merger, ICICI Lombard will become the third-largest non-life insurer in India.

Ranking

India ranked 57th in Digital Quality of Life Index 2020, Denmark tops

• India ranks among the lowest in the world in terms of Internet quality, according to a global research released by online privacy solutions provider SurfShark.

• In a global index on digital quality of life in 85 countries, India ranked 9th on the internet affordability indicator, and 15th on e-government.

• Overall, India ranked 57th on the Digital Quality of Life Index 2020.Scandinavian countries Denmark and Sweden topped the index, with Canada rounding up the top three.

Books and Authors

Book titled “Who painted my lust red?” authored by Sree Iyer launched

• A book titled “Who painted my lust red?” that has been authored by Sree Iyer has been launched. The book is something about when Bollywood meets Cricket meets Politicians.

• This is the second book in this series of Sree Iyer’s Money Trilogy series. The first book was “Who painted my money white?”

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