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Important Current Affairs 4th September 2021

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INTERNATIONAL

India becomes third largest startup ecosystem in the world

• Hurun Research Institute has released the Hurun India Future Unicorn List 2021, as per which India is the third-largest Unicorn/startup ecosystem in the world. The USA is on top followed by China on second. India has 51 unicorns according to the list. The USA has 396 and China has 277 unicorns.

• Zilingo is the top unicorn in the ranking in India with funding of USD 310. The headquarters of Zilingo is in Singapore. Bengaluru is the top Indian city in terms of the number of Unicorns headquartered in a city. Bengaluru has 31 unicorns followed by Mumbai which has 12 unicorns.

NATIONAL

Women and Child Development Minister inaugurates NUTRI GARDEN at All India Institute of Ayurveda

• The Union Minister for Women and Child Development, Smriti Zubin Irani inaugurated NUTRI GARDEN to mark the beginning of Poshan Maah – 2021 at All India Institute of Ayurveda (AIIA). Plantation of Shigru (Sahijan) and Amla saplings were also carried out. AIIA, New Delhi under the direction of the Ministry of Ayush initiated the celebration of Poshan Maah – 2021.

• Nutri kitchen garden/Nutri garden is a method of planting and harvesting nutrient-rich crops in residential houses or in their vicinity to meet the requirements of the family all year round.

• In urban areas, Nutri kitchen gardening can be promoted in the form of rooftop gardening, terrace gardening, vertical gardening and container gardening.

• In rural areas, Nutri kitchen gardens can be promoted in the backyard of the houses.

I&B Ministry constitutes Committee to review existing guidelines of Journalist Welfare Scheme

• The Ministry of Information and Broadcasting has decided to form a committee to review the existing guidelines of the Journalist Welfare Scheme (JWS). The 12-member committee, with Ashok Kumar Tandon, Member, Prasar Bharati Board, as its chairperson, will revise the quantum of ex-gratia payment in case of death as well as in other cases under the scheme. The terms of reference (ToR) of the committee include examining the need for such a revision of the quantum of ex-gratia payment.

• The committee will look into the aspect of differentiation or parity between accredited and non-accredited journalists for availing benefits under the scheme. The committee shall give its recommendations within two months and all secretarial assistance for convening its meetings will be provided by the Press Information Bureau (PIB).

Gujarat to host 12th Defence Expo-2022 in Gandhinagar

• The next Defence Expo will be hosted by Gujarat in 2022. This was announced by chief minister Vijay Rupani. The Memorandum of Understanding has been signed between the Department of Defence Production and the Gujarat Government in this regard. About 100 countries are expected to participate in this biannual event.

• Defence Expo-2022 will be held in Gandhinagar from 10th to 13th March next year. The aim of Defense Expo 2022 is to move from Make in India to make for the world. The Defence Expo-2022 will focus on making India a Defence manufacturing hub.

PM's Virtual-Address at 6th Eastern Economic Forum 2021

• Prime Minister Narendra Modi virtually addressed the plenary session of the 6th Eastern Economic Forum (EEF), organised in Vladivostok, Russia. An Indian delegation led by Minister of Petroleum and Natural Gas, Hardeep Singh Puri and comprising leading Indian oil and gas companies are participating in the EEF Summit 2021 in Russia.

• On the sidelines of EEF, Petroleum Minister will also have meetings with Russian Energy Minister Nikolay Shulginov to review bilateral energy cooperation in the energy sector and with the Russian Minister for Development of Far East and Arctic Alexei Chekunkov to discuss the collaboration between Indian and Russian companies in that region. Petroleum Minister will also co-chair India-Russia Business Dialogue.

SPORTS

Tokyo Paralympics: Shooter Manish Narwal wins Gold

• Indian shooters Manish Narwal and Singhraj Adhana clinched the gold and silver medal respectively in the P4 – Mixed 50m Pistol SH1 final at Asaka Shooting Range. The 19-year-old Manish created the Paralympic record as he amassed 218.2 points to clinch the gold while Singhraj grabbed his second medal of the Tokyo Paralympics with 216.7 points. The Russian Paralympic Committee’s (RPC) Sergey Malyshev won the bronze medal.

• India’s medal tally now stands at 15 at these Paralympics. It has now won three golds, seven silvers and five bronze medals. This is India’s best tally at a single edition of the Para Games. It had won four medals at Rio 2016 and four at the 1984 Paralympics.

Paralympics 2020: Archer Harvinder Singh won Bronze

• In Paralympics 2020, India’s ace archer Harvinder Singh has won the bronze medal in the men’s individual recurve open. The 31-year old has become India’s first-ever archer to win a medal in the Paralympics. With this win, India’s medal haul at the ongoing Paralympics Games in Tokyo has reached 13 [2G,6S,5B].

• Harvinder defeated South Korea’s Kim Min Su 6-5 in a shoot-off to win India’s third medal of the day at Tokyo 2020, taking India’s tally to 13. Earlier, United States of America’s (USA) Kevin Mather defeated Harvinder by 6-4 in the semi-final.

APPOINTMENT & RESIGNATION

PPK Ramacharyulu appointed RS secretary general

• Rajya Sabha Chairman, M Venkaiah Naidu has appointed Dr PPK Ramacharyulu, who is the secretary in the Rajya Sabha Secretariat since 2018, as the secretary general. He succeeds Desh Dipak Verma, who demitted office as secretary-general after serving the top post for four years. Ramacharyulu is the first insider to have risen from the ranks of the secretariat to the top post in the about 70 years of the Rajya Sabha.

• Ramacharyulu joined the Rajya Sabha Secretariat in 1983 after serving in the Lok Sabha Secretariat for a year. Ramacharyulu had served as special secretary, Andhra Pradesh Legislature. Ramacharyulu has about 40 years of experience of handling various aspects of the functioning of Parliament.

Govt appoints Atul Bhatt as CMD of Rashtriya Ispat Nigam Ltd

• Atul Bhatt has been appointed as chairman and managing director (CMD) of disinvestment-owned steel company Rashtriya Ispat Nigam Ltd (RINL). He was the CMD of state-owned consultancy firm MECON, which offers a full range of services required to set up a project from concept to commissioning including turnkey execution. PK Rath retired as CMD RINL on May 31, after serving the company for 38 years.

• RINL is a special steel-making player based in Visakhapatnam, Andhra Pradesh. The company, without any captive iron ore mines, owns and operates a 7.3-million tonne (MT) steel plant in the state. The Cabinet Committee on Economic Affairs (CCEA) had given in-principle approval for 100 per cent disinvestment of government stake in RINL, along with the company’s stake in subsidiaries/ joint ventures through strategic disinvestment by way of privatisation.

RANKING

University of Oxford tops Times World University Rankings 2022

• The Times Higher Education (THE) World University Rankings 2022 has been announced. The University of Oxford is at the top of the list, followed by the California Institute of Technology and Harvard University at the second and third positions, respectively. The Indian Institute of Science (IISc), Bengaluru, is placed between the 301-350 position. Incidentally, it is also the only university in the top 350 rankings.

• The Times Higher Education World University Rankings 2022 includes record 1,662 universities from 99 countries and territories. The ranking is based on 13 balanced performance indicators.

BANKING AND ECONOMIC

IMF increases India’s quota of Special Drawing Rights (SDR)

• The International Monetary Fund (IMF) has made an allocation of Special Drawing Rights (SDR) 12.57 billion to India. (approx USD 17.86 billion). With this, the total SDR holding of India has gone upto SDR 13.66 billion (equivalent to around USD 19.41 billion).

• SDR is one of the components of the Foreign Exchange Reserves (FER) of India. Hence the Foreign Exchange Reserves (FER) has also increased now. IMF has allocated a total of SDR 456 billion to all its member countries out of which India has got SDR 12.57.

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