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Important Current Affairs 2nd April 2021

NATIONAL

PAN-Aadhaar linking deadline extended to June 30

• The central government has extended the deadline for linking the Aadhaar number with the permanent account number (PAN) to June 30, 2021, in view of the difficulties arising out of the COVID-19 pandemic. The earlier deadline was March 31. The government had said those who miss the deadline will be liable to pay a penalty of up to Rs 1,000 and their PAN will become invalid.

• The date for issue of notice under Section 148 of Income Tax Act,1961, the passing of consequential order for direction issued by the Dispute Resolution Panel (DRP) and processing of equalisation levy statements has also been extended to 30th April 2021. The government passed the Finance Bill 2021 in the Lok Sabha last week where it inserted a new section 234H under which a person shall be liable to pay a late fee of up to Rs 1,000 in case of non-linking of their PAN with Aadhaar.

AYUSH Ministry in collab with Vinoba Seva Pratishthan organizes ‘Ayurveda Parav’

• In a bid to promote Ayurveda as the mainstream treatment for the prevalent lifestyle-related diseases, Vinoba SevaPratisthan (VSP), in collaboration with the Ministry of AYUSH, has successfully organized a 3-day “Ayurveda Paravin Bhubaneswar. This unique initiative aims to not only ensure greater acceptance of Ayurveda among the masses but also to popularize Ayurveda as the main line of treatment for the current lifestyle diseases.

• The Ministry of AYUSH provided full-fledged support to this programme. During this Parv, nearly 25 research papers were presented by experts and researchers. The initiative generated tremendous response as thousands of patients turned up and showed their trust towards Ayurveda medication. They did get their diagnosis and consequent medicine.

SPORTS

Lewis Hamilton won bahrain Grand Prix 2021

• Mercedes star Lewis Hamilton got his bid for an eighth world title off to a thrilling start with victory in the Bahrain Grand Prix 2021. Hamilton after his 96th career win.

• Max Verstappen (Red bull) and V Bottas (Mercedes ) stand 2nd and 3rd Position Respectively.

APPOINTMENTS AND RESIGNATIONS

Subhash Kumar takes additional charge as CMD of ONGC

• Subhash Kumar has assumed the additional charge as Chairman and Managing Director (CMD) of Oil and Natural Gas Corporation (ONGC) on April 01, 2021.

• He is serving as Director (Finance) at ONGC. Kumar succeeds incumbent CMD, Shashi Shanker, who superannuated on March 31, 2021.

Mukhmeet S. Bhatia takes over as Director General of ESIC

• Senior IAS officer, Mukhmeet S. Bhatia took over the charge of Director General of Employees’ State Insurance Corporation (ESIC) on April 04, 2021. He is a 1990 IAS Officer of the Jharkhand cadre. Earlier, he has worked as the Additional Secretary in the Department of Economic Affairs, Ministry of Finance.

• ESIC is a Statutory and an Autonomous Body under the Ministry of Labour and Employment.

IMPORTANT DAYS

International Children’s Book Day: 02 April

• International Children’s Book Day (ICBD) is organised annually on 2nd April since 1967, by the International Board on Books for Young People (IBBY), an international non-profit organization, to inspire a love of reading and to call attention to children’s books.

• Theme 2021: “The Music of Words.”

• Each year a different National Section of IBBY has the opportunity to be the international sponsor of ICBD and decide upon a theme. The IBBY United States is the sponsor for International Children’s Book Day 2021.

World Autism Awareness Day: 02 April

• The World Autism Awareness Day is observed internationally on 2 April every year, to raise awareness about people with Autism Spectrum Disorder (ASD) throughout the world. The 2021 World Autism Awareness Day observance will address these issues through a virtual event that will include moderated panel discussions with individuals on the autism spectrum who have themselves experienced the challenges and seen these new opportunities in the employment market.

• The very first World Autism Day was observed in the year 2008 on April 2. It was adopted by the United Nations General Assembly on 18 December 2007. World Autism Day is one of only seven official health-specific UN Days.

AWARDS AND RECOGNITION

Legendary Actor Rajinikanth to be honoured with 51st Dadasaheb Phalke Award

• The legendary actor Rajinikanth has been selected to be honoured with the 51st Dadasaheb Phalke Awards, the highest film honour in India. The iconic actor Rajinikanth will receive the Dadasaheb Phalke award for 2019 for his stupendous contribution to Indian cinema. Rajinikanth will receive the Dadasaheb Phalke Award on May 3, 2021.

• Rajinikanth is the 12th South Indian to get this award. Legends like Dr Rajkumar, Akkineni Nageshwar Rao, K Balachander have been awarded before. The legendary actor has been honoured with the Padma Bhushan and Padma Vibhushan in the past.

• The jury this year for the prestigious award included playback icon Asha Bhosle, director-producer Subhash Ghai, Malayalam superstar Mohanlal, music composer and singer Shankar Mahadevan and Biswajeet Chatterjee.

BANKING AND ECONOMY

Axis Bank to sell UK arm to tech platform

• Private sector lender Axis Bank has entered into a Share Purchase Agreement for sale of 100 per cent stake in its subsidiary, Axis Bank UK Limited to OpenPayd Holdings Ltd. The agreement was entered on March 31, 2021, and the transaction is subject to approval by the UK Financial Regulator, the Prudential Regulation Authority (PRA).

• The consideration or the value for the transaction would be the completion net asset value (book value of the bank on the date of completion), plus a fixed premium of $5,500,000. Axis Bank expects the sale to be completed by September 30, 2021 subject to the approval of ‘Change in Control’, received from the UK Financial Regulator, the PRA.

SBI inks USD 1 billion loan agreement with Japan Bank

• India’s largest lender, State Bank of India, has raised $1 billion from Japan Bank for International Cooperation (JBIC) to extend loans to the supply chain of the Japanese automobile industry in India. The loan is in the form of refinancing against the funding support provided to the manufacturers, suppliers and dealers of Japanese automobiles in India.

• This collaboration between SBI and JBIC will help the bank in extending loan facility to the entire supply chain at a time when people are preferring a personal mode of transport. Now the total loan facility between SBI and JBIC has become $2 billion. Earlier in October 2020, SBI inked a similar agreement for $1 billion with JBIC.

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