Important Current Affairs 28th January 2022

NATIONAL

It's official! Air India now formally handed over to Tata Group

• The government of India officially handed over India’s flag carrier, Air India to the Tata Group on January 27, 2022, almost 69 years after acquiring the conglomerate. The total value of the deal is Rs 18,000 crore (US$2.4 billion). The strategic disinvestment transaction of Air India includes the transfer of a 100 per cent stake of GoI in Air India to Tata Sons, along with management control.
• The transaction covers three entities namely, Air India, Air India Express and Air India SATS (AI SATS). Under the deal, the Tata group will also be handed over Air India Express and a 50 per cent stake in ground handling arm AI SATS.

India pays its UN regular budget assessment in full with payment of US $29.9 million

• India has paid USD 29.9 million in UN regular budget assessments for the year 2022. As of January 21, 2022, 24 Member States have paid their regular budget assessments in full. India is currently a non-permanent member of the 15-nation Security Council and its two-year term will end on December 31, 2022.
• “#India proud to pay again in full! India joins the 2022 Honour Roll of 24 Member States out of 193 that have paid their @UN RegularBudget Assessments in full,” India’s Permanent Mission to the UN tweeted.

Kerala gets its first ever scientific bird atlas

• Kerala Bird Atlas (KBA), the first-of-its-kind State-level bird atlas in India, has created solid baseline data about the distribution and abundance of bird species across all major habitats, giving an impetus to futuristic studies. It is being conducted as a citizen science-driven exercise with the participation of over 1,000 volunteers of the birdwatching community KBA has been prepared based on systematic surveys held twice over 60 days a year.
• Conducted as a citizen science-driven exercise with the participation of over 1000 volunteers of the bird watching community, KBA was prepared based on systematic surveys held twice over 60 days a year during the wet (July to September) and dry (January to March) seasons between 2015 and 2020.

IT Ministry releases five-year roadmap for electronics sector in India

• Ministry of Electronics and Information Technology (MeitY) has released a 5-year roadmap and Vision Document 2.0 for the electronics sector. The Vision Document 2.0 titled “$300 bn Sustainable Electronics Manufacturing & Exports by 2026” has been prepared by MeitY in association with the India Cellular & Electronics Association (ICEA). It is the second volume of a two-part Vision Document. Vision Document 2.0 provides a year-wise break-up and production projections for the various products. This will help India to transform into a US$300 billion electronics manufacturing powerhouse by 2026, from the current US$75 billion.
• This roadmap is the second volume of a two-part Vision Document – the first of which was released in November last year. The first part of the document titled “Increasing India’s Electronics Exports and Share in GVCs” was released in November 2021.

SPORTS

RPSG Group's IPL team to be called Lucknow Super Giants

• Lucknow’s IPL franchise, which is owned by Sanjiv Goenka (RPSG Group), has been renamed Lucknow Super Giants ahead of the Indian Premier League (IPL) 2022 mega auction. Lucknow team roped in KL Rahul as their captain and also roped in Australia all-rounder Marcus Stoinis and leg-spinner Ravi Bishnoi. The official IPL team of Lucknow crowdsourced its name from fans and a consumer engagement campaign was launched on social media on 3rd Jan 2022.
• Last year, the franchise was purchased by the Sanjiv Goenka-owned of the RPSG group for an amount of Rs 7090 Crores. The other new team to enter the competition is from Ahmedabad who were bought by the Irelia Company Pte Ltd. (CVC Capital Partners) for Rs 5635 Crores.

OBITURY

Milena Salvini, ambassador of Kathakali in France, passes away at 84

• Noted Kathakali dancer Milena Salvini of France has passed away. Italian-born Salvini was a regular visitor to India, especially Kerala where she learnt Kathakali, and ran ‘Centre Mandapa’, a school for Indian dance forms, in Paris. The Government of India conferred the Padma Shri award on Salvini in 2019 for her contribution in the field of performing arts.

IMPORTANT DAYS

International Customs Day 2022: 26th January

• The International Customs Day (ICD) is observed on 26 January every year. The day is celebrated to recognise the role of customs officials and agencies and focus on the working conditions and challenges that customs officers face in their jobs. This year, the theme chosen by WCO for ICD is ‘Scaling up Customs Digital Transformation by Embracing a Data Culture and Building a Data Ecosystem’.
• The International Customs Day’s objective is to boost leadership, guidance, and support to customs administrations as WCO strongly opines that while borders divide, it is the ‘customs’ that establish a connection between countries.

AWARDS & RECOGNITION

Assam government to confer 'Asom Baibhav Award' to Ratan Tata

• The government of Assam has conferred its highest civilian award ‘Assam Baibhav’ on Industrialist Ratan Tata. Assam governor Jagdish Mukhi conferred the award to the former chairman of Tata Sons. The Assam government conferred ‘Asom Baibhav’ to Ratan Tata for his contribution to setting up cancer treatment facilities in the state.
• Assam Saurav award was conferred on Professor Dipak Chand Jain, Lovlina Borgohain, Professor Kamalendu Deb Krori, Dr Lakshmanan S, and Neel Pawan Baruah.
• Assam Gaurav award was conferred on Manoj Kumar Basumatary, Munindra Nath Ngatey, Dharanidhar Boro, Hemoprabha Chutia, Dr Basanta Hazarika, Kaushik Baruah, Khorsing Terang, Akash Jyoti Gogoi, Namita Kalita, Dr Asif Iqbal, Kalpana Boro, Boby Hazarika, and Bormita Momin.

BANKING AND ECONOMIC

City Union Bank launches debit card in fitness watch with GOQii

• City Union Bank in association with smart-tech-enabled preventive healthcare platform GOQii and powered by the National Payments Corporation of India (NPCI), has launched a wearable payment solution called CUB fitness watch debit card. Customers need to hold this wristwatch in front of the PoS device during payment like tapping the card on PoS. For payments above Rs 5,000, customers need to tap and enter their PIN. The introductory price of a smartwatch debit card is Rs 3,499, as compared to an actual cost of Rs 6,499).
• Customers can set limits for their payments using Net / Mobile Banking. Payments made using this Debit Card in a Fitness Watch are safe and secure, the bank said in a statement. For each transaction done using the watch, SMS will be sent to the registered mobile number. Customers can raise a request for the Fitness Watch Debit Card through Net banking/ Mobile banking. Usage of wristwatches can be managed by customers on their own through CUB All in One Mobile App.