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Important Current Affairs 5th August 2020

National

Government forms draft Defence Production and Export Promotion Policy 2020

• The Ministry of Defence (MoD) has formulated a draft Defence Production and Export Promotion Policy 2020 (DPEPP 2020), with the objective to make India self-reliance in defence manufacturing and to position the country amongst the leading countries of the world in defence and aerospace sectors.

• The new policy is a part of the announcements made under the ‘Atmanirbhar Bharat Package’ to provide impetus to self-reliance in defence manufacturing. The policy framework aims to position India among the leading countries of the world in defence and aerospace sectors.

• The Defence Production and Export Promotion Policy 2020 has laid out the following goals and objectives:

I. To achieve a turnover of Rs 1,75,000Crores (USD 25 Billion) including export of Rs 35,000 Crore (USD 5 Billion) in Aerospace and Defence goods and services by 2025.

II. To develop a dynamic, robust and competitive Defence industry, including Aerospace and Naval Shipbuilding industry to cater to the needs of Armed forces with quality products.

III. To reduce dependence on imports and take forward “Make in India” initiatives through domestic design and development.

IV. To promote export of defence products and become part of the global defence value chains.

V. To create an environment that encourages R&D, rewards innovation, creates Indian IP ownership and promotes a robust and self-reliant defence industry.

National Programme ‘Vidyarthi Vigyan Manthan 2020-21’ launched

• Union Minister for Health and Family Welfare, Dr. Harsh Vardhan has launched ‘Vidyarthi Vigyan Manthan, 2020-21’. It is a national programme which has been launched to popularize science among school students of Class 6th to 11th.

• The programme has been designed to identify the talent in the field of science and to promote the scientfic acumen among the students.

Andhra Pradesh government launches ‘E-RakshaBandhan’

• Andhra Pradesh Chief Minister YS Jaganmohan Reddy has launched a one month-long innovative virtual cybercrime awareness programme ‘E-Rakshabandhan’ on 3 August 2020

• The campaign organised by the Andhra Pradesh CID and the police, aims to bring awareness among the public in cyberspace, especially women, youth and children.

• The slogan for the campaign is “Let us make August a month of e freedom and e-safety.”Cybercrime experts will speak on different types of cyber crimes and create awareness among the public.

Obituary

Theatre maestro Ebrahim Alkazi passes away

• Indian theatre director and drama teacher, Ebrahim Alkazi, has passed  away. He was 94. He was the first and longest serving Director of the National School of Drama (NSD), and held the position from 1962-77.

• Ebrahim was considered as the father of modern Indian theatre and has mentored generations of actors, including Naseeruddin Shah, Om Puri, Rohini Hattangadi, Surekha Sikri and Pankaj Kapoor.

• The thespian has a lot of accolades to his name and has won many of India’s most prestigious awards, such as Padma Shri (1966), the Padma Bhushan (1991), and India’s second highest civilian award the Padma Vibhushan in 2010.SangeetNatakAkademi Award in Direction in 1962, and the Akademi’s highest award the Sangeet Natak Akademi Fellowship for lifetime contribution to theatre.

Nobel Peace Prize winner John Hume passes away

• The prominent Northern Ireland politician and former Nobel Peace Prize winner, John Hume passed away. He was awarded the Nobel Peace Prize in 1998, along with David Trimble, for his role in ending the conflict in Northern Ireland.

• He was a founding member of the Social Democratic and Labour Party (SDLP) in 1970 and led the party from 1979 until 2001.

Sports

World Cup winner Benedikt Howedes retires from soccer

• The professional German footballer, Benedikt Howedes, who helped Germany win the World Cup title in 2014, has announced his retirement from soccer, citing family reasons.

• The 32-year-old defender, represented the Germany national football team from 2011 to 2017 during which he played 44 matches.

Appointments and Resignations

RBI approves Sashidhar Jagdishan as HDFC Bank CEO and MD

• The Reserve Bank of India has approved the appointment of Sashidhar Jagdishan as the Managing Director (MD) and CEO of HDFC Bank. Mr. Jagdishan will take charge of the outgoing MD Aditya Puri on October 27, 2020 and will remain on the position for three years.

• HDFC Bank mentioned that a meeting of the Board of Directors of the Bank will be held in due course to approve the appointment of Sashidhar Jagdishan as the new MD and CEO of the bank.

• Along with Sashidhar Jagdishan, HDFC Bank had also submitted the names of Sunil Garg, Global CEO of Citi Commercial Bank, and Kaizad Bharucha (ED at HDFC Bank) for the RBI’s consideration.

• Sashidhar Jagdishan had joined HDFC Bank in 1996 as a manager in the finance function and later became a business head-finance in 1999.

Mark Phillips sworn in as Prime Minister of Guyana

• Former Chief-of-Staff of the Guyana Defence Force Brigadier (retired), Mark Anthony Phillips has been sworn in as Prime Minister of Guyana. Additionally, former President Bharrat Jagdeo was named Vice President.

• Mohamed Irfaan Ali, a former member of parliament and housing minister, has been sworn in as the President of Guyana on 2 August 2020.

• The 40-year-old People’s Progressive Party/Civic (PPP/C) candidate has taken over as the 10th President of the country. He succeeds David A. Granger.

Books and Authors

A book titled “Vishesh: Code To Win” authored by Nirupama Yadav

• The book, titled “Vishesh: Code To Win”, has been written by sportswoman-turned-author Nirupama Yadav and published by the publishing house Bluerose.

• The inspirational story on the life of Vishesh Bhriguvanshi, India’s youngest basketball team captain, is set to be released on August 29, the National Sports Day.

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