Important Current Affairs 4th July 2021

NATIONAL

Pushkar Singh Dhami will be the next chief minister of Uttarakhand

•Pushkar Singh Dhami will be the next chief minister of Uttarakhand. He will be the youngest CM of Uttarakhand. 45-year-old Pushkar Singh Dhami, an MLA from the Khatima constituency in Udham Singh Nagar district. He will replace Tirath Singh Rawat, who resigned from the post. He was elected by the state leaders during the legislature party meeting in Dehradun.

•Born on September 16, 1975, in Uttarakhand’s Pithoragarh, Pushkar Singh Dhami is a two-time MLA from the Khatima constituency. He holds a Postgraduate degree in Human Resource Management and Industrial Relations and LLB in Social Life.

•Pushkar Singh Dhami was also associated with Rashtriya Swayamsevak Sangh (RSS) and also served as the state president of Bharatiya Janata Yuva Morcha in Uttarakhand.

•Pushkar Singh Dhami served as the officer on special duty for former Uttarakhand chief minister Bhagat Singh Koshyari in 2002.

Jammu & Kashmir ends 149-year-old darbar move tradition

•The LG Manoj Sinha formally put an end to a 149-year-old biannual tradition of shifting offices between summer capital Srinagar and winter capital Jammu. The administration served notice to employees to vacate the ‘Darbar Move’ related accommodations in three weeks in Jammu and Srinagar. Administration cancelled the residential accommodation of “darbar move” employees in Jammu and Srinagar, implying the employees will remain stationed in either Jammu or Kashmir.

•Around 8000-9000 employees working in Civil Secretariats, with headquarters in Jammu and Srinagar, would move along with files twice every year. While Srinagar served as the summer capital, Jammu was the winter capital.

•Dogra monarch Maharaja Gulab Singh is believed to have started the tradition of shifting the capital in 1872. The tradition was continued after 1947 by J&K’s political class, as it acted as a major bridge and a space for interaction between two diverse linguistic and cultural groups of Kashmir and Jammu regions.

SPORTS

Mariyappan Thangavelu named as a flag-bearer for Tokyo Paralympics

•Top para high-jumper Mariyappan Thangavelu was named the flag-bearer of the Indian contingent in the Tokyo Paralympics, which begins on August 24. Thangavelu, who is defending the T-42 gold he had won in the 2016 Rio Paralympics during the August 24 to September 5 showpiece in Tokyo, was picked for the honour by the executive committee of the national body.

•The 25-year-old Thangavelu, who was conferred with the Khel Ratna, the country’s highest sporting award, last year is one of the 24 para-athletes picked by the selection committee for the Tokyo Paralympics. Thangavelu, who hails from Salem district in Tamil Nadu, suffered a permanent disability at the age of five when a bus crushed his right leg below the knee.

Indian Wrestler Sumit Malik gets two-year ban for doping

•Indian wrestler Sumit Malik was banned for two years by the sport’s world governing body UWW after his B sample also returned positive for a prohibited stimulant.

•The 28-year-old has one week to decide if he would accept the sanction or challenge it. He was handed a provisional suspension last month for failing a dope test during the World Olympic Qualifier event in Sofia, where he had qualified for the Tokyo Games in the 125 kg category.

APPOINTMENTS AND RESIGNATIONS

Satish Agnihotri New MD of NHSRCL

•Satish Agnihotri has taken over charge as Managing Director, National High-Speed Rail Corporation Ltd. He comes with more than 20 years of experience in the implementation of mega rail infrastructure projects. He has worked as Chairman & Managing Director, Rail Vikas Nigam Limited (RVNL), a schedule ‘A’ CPSE under the Ministry of Railways for close to 9 years.

•During his tenure as CMD/RVNL, RVNL completed 7000 km of project length including 3000 km doubling/3rd line, 880 km conversion of metre gauge track to broad gauge, 3000 km railway electrification, 85 km new line, 6 factories and many important bridges. A 7 km long tunnel was also completed in a record time of 25 months in a new line project in Andhra Pradesh.

BOOKS AND AUTHORS

Pan Macmillan to publish Nathuram Godse’s biography

•The book titled “Nathuram Godse: The True Story of Gandhi’s Assassin” by Mumbai-based journalist Dhaval Kulkarni will be published by Pan Macmillan India in 2022. A biography of Nathuram Godse, Mahatma Gandhi’s infamous assassin, situates the man and his most defining act in the larger context of modern Indian history and contemporary society and politics.

•The book was acquired at auction by Teesta Guha Sarkar, editorial head at Pan Macmillan India, from Anish Chandy, founder of Labyrinth literary agency. “The book will be a deep-dive account and delve into the cataclysmic chain of events both before and after Gandhi’s murder.

BANKING AND ECONOMY

RBI imposes Rs 25 lakh penalty on Punjab & Sind Bank

•The Reserve Bank of India imposed a penalty of Rs 25 lakh on Punjab and Sind Bank for non-compliance with certain provisions of directions on ‘Cyber Security Framework in Banks. The state-owned bank had reported a few cyber incidents to the RBI on May 16 and 20, 2020, the central bank said while giving details. Accordingly, the central bank had issued a show-cause notice to the bank asking it why a penalty should not be imposed for non-compliance with the directions issued by RBI.

•This penalty has been imposed in the exercise of powers vested in RBI under the provisions of section 47 A (1) (c) read with sections 46 (4) (i) and 51 (1) of the Banking Regulation Act, 1949.

Axis Bank tie-up with AWS for powering digital banking services

•Axis Bank has inked a multi-year deal with Amazon Web Services (AWS) to power the digital transformation programme of the country’s third-largest private sector bank. As part of the agreement, Axis Bank with help of AWS will build a portfolio of new digital financial services to bring advanced banking experiences to customers, including online accounts that can be opened in 6 min & instant digital payment. This will help the bank increase customer satisfaction by 35 per cent and lower costs by 24 per cent.

•To date, Axis Bank has deployed over 25 mission-critical applications on AWS, including a Buy Now Pay Later product and a new loan management system to support it, Account Aggregator, Video-Know Your Customer (V-KYC), and WhatsApp Banking.