INTERNATIONAL

Indo-French Exercise Desert Knight-21 begins

• Indian Air Force and French Air and Space Force are conducting a bilateral Air exercise, Ex Desert Knight-21 in Jodhpur, Rajasthan. The exercise marks an important milestone in the series of engagements between the two Air forces. It is unique as it includes fielding of Rafale aircraft by both sides and is indicative of the growing interaction between the two premiers Air Forces.

• The French side will participate with Rafale, Airbus A-330 Multi-Role Tanker Transport, A-400M Tactical Transport aircraft and approximately 175 personnel. The Indian Air Force aircraft participating in the exercise will include Rafale, Mirage 2000, Sukhoi-30 MKI among other aircraft.

NATIONAL

Cabinet approves Rs 5,282-cr investment for 850 MW Ratle project on Chenab river

• The Union Cabinet has approved 850 megawatts (MW) Ratle hydropower project worth an Rs. 5281.94 crore on Chenab river in Kishtwar district of Jammu and Kashmir. The project is being implemented under the Centre’s plan to expedite strategically important hydropower projects in the union territory post its reorganization.

• The project will be developed by a new joint venture company between state-run National Hydroelectric Power Corporation (NHPC) Ltd and Jammu & Kashmir State Power Development Corporation Ltd (JKSPDC), where NHPC will have a 51% stake in the JV firm, while the balance will be held by JKSPDC.

CM Thakur launches HP’s first online youth radio station

• Chief Minister Jai Ram Thakur has launched Himachal Pradesh’s first online youth radio station ”Radio Hills-Youngistan Ka Dil”. The Chief Minister appreciated the efforts of young entrepreneurs. The developer of the online radio Karan, and Radio Jockeys Palak, Rahul and Nidhi were also present on the occasion.

• The online radio would go a long way in promoting the culture and traditions of the state, besides providing an opportunity to the youth to exhibit their talents. The founders of the online radio, Deepika and Saurabh.

Gujarat to Rename Dragon Fruit as ‘Kamalam’

• The Gujarat state government has renamed dragon fruit as ‘Kamalam’. The move has kept the internet in splits and many criticized it using the hashtag #SanskariFruitSabzi. As per Gujarat Chief Minister, the dragon fruit has been renamed Kamalam because of the shape of the fruit.

• The state government has applied for the patent of the fruit named Kamalam. This was announced at the launch of the Chief Minister Horticulture Development Mission. The Horticulture Development Mission is a scheme to promote horticulture in the unproductive regions of the state as well.

Howrah-Kalka Mail Renamed as “Netaji Express”

• One of the oldest trains of Indian Railways, the Howrah-Kalka Mail has been renamed as the ‘Netaji Express’. Indian Railways have renamed the train just a few days before the birth anniversary of Netaji Subhash Chandra Bose on January 23.

• Howrah-Kalka Mail was started in the 19th Century as one of the early commercial passenger train services in India.

• The Kalka mail has always been popular for connecting Howrah with Kalka and has enjoyed steady patronage.

• It is believed that Netaji took this train from Bihar’s Gomoh after escaping from his house in Kolkata in the year 1941.

OBITUARY

Malayalam actor Unnikrishnan Namboothiri passes away

• Veteran Malayalam actor, Unnikrishnan Namboothiri has passed away while contracting COVID-19. He made his acting debut in 1996 with Desadanam. However, he became a household name among the Malayalam film audience for his performance as a witty grandfather in Kalyanaraman (2002).

• Unnikrishnan is well known for movies like Kaikudunna Nilavu (1998), Kaliyattam (1997), Pammal K Sambandam (2002), Sadanandante Samayam (2003), Madhuranombarakattu (2000), Rappakal (2005), and Pokkiri Raja (2010).

Former Arunachal Governor Mata Prasad passes away

• Former Arunachal Governor Mata Prasad has passed away at the age of 95.

• He served as minister in the Congress government in Uttar Pradesh in 1988- 89 and appointed as Governor of Arunachal Pradesh in 1993.

APPOINTMENTS AND RESIGNATIONS

ACC appoints Sanjeev Kumar as new CMD of TCIL

• The Appointments Committee of the Cabinet (ACC) has approved the appointment of Sanjeev Kumar as the new Chairman & Managing Director (CMD) of Telecommunications Consultants India Limited (TCIL). According to an order from the Department of Personnel & Training (DoPT), Kumar has been appointed to the post for a period of five years from the date of assumption of the charge of the post, or till the age of superannuation, or until further orders, whichever is earlier. He is currently serving as Director (Technical) in Mahanagar Telephone Nigam Limited (MTNL).

• Telecommunications Consultants India Limited (TCIL) is a Miniratna PSU under the administrative control of the Department of Telecommunications, Ministry of Communications. TCIL, a premier telecommunication consultancy and engineering company is making available its vast and varied telecom expertise to friendly developing countries.

Govt appoints Siddhartha Mohanty as managing director of LIC

• The Appointments Committee of the Cabinet has appointed Siddhartha Mohanty as the managing director of India’s largest insurer Life Insurance Corporation (LIC) from February 1 onwards. He is currently CEO of LIC Housing Finance Limited. He will serve as the MD of LIC till his superannuation on June 30, 2023. He will be replacing TC Suseel Kumar, who is set to retire on January 31, 2021.

• LIC has four MDs and one chairman. Currently, MR Kumar is serving as the chairman of the corporation and TC Suseel Kumar, Vipin Anand, Mukesh Kumar Gupta, and Raj Kumar are serving as the MDs of LIC.

JSW Sports signs cricketer Rishabh Pant to manage commercial interests

• Rishabh Pant was signed by JSW Sports, the sports arm of JSW Group. The multi-year association between the two parties will see JSW Sports manage all commercial interests and marketing rights of the 23-year-old cricketer, who most recently played a starring role in India’s magnificent Test series win in Australia. As part of the association, JSW Sports will manage the athlete’s image positioning and all his commercial engagements, including brand endorsements and appearances, social media monetisation, and business deals.

• Ever since its inception in 2012, JSW Sports has worked towards maximising India’s sporting potential by working with promising Indian talents across Olympic sports, football, and kabaddi; including Olympic medalist Sakshi Malik and wrestling star Bajrang Punia.

Sundaram Finance names Rajiv Lochan as MD

• The board of Sundaram Finance has named Rajiv Lochan (director Strategy) as managing director with effect from April 1. Sundaram Finance Ltd has made top-level changes as the current managing director T.T. Srinivasaraghavan will be retiring on March 31, 2020.

• While the current deputy managing director Harsha Viji will assume the office of executive vice-chairman, and take responsibility for the overall strategy and direction of Sundaram Finance Ltd., and other group companies in financial services.

BANKING AND ECONOMY

Axis Bank launches Aura Credit Card with health, wellness benefits

• Axis Bank has unveiled a credit ‘AURA’ exclusively loaded with several health and wellness benefits for its users at an affordable price. Axis Bank has partnered with Poshvine to offer benefits and specialists such as Decathlon, Practo, Fitternity, IndushealthPlus, 1MG etc., to offer a complete and unique health & wellness solution to the cardholders.

• Cardholders will get a discount on annual medical checkup through IndushealthPlus.

• It offers up to 4 free online video consultations for a month, with round the clock access to doctors on all 21 specialities. This is offered by Procto.

• It also offers 4 free online interactive fitness sessions for a month by Fitternity.

• Through this card, the users can have access to 16 recorded training sessions for one month and can choose from a wide range of sessions such as yoga and cross-functional training programs, etc.

Airtel Payments Bank launches ‘Airtel Safe Pay’

• To protect Airtel customers from the growing incidents of online payment frauds, Airtel Payments Bank has launched ‘Airtel Safe Pay’, a safe way to pay digitally. With ‘Airtel Safe Pay’, Airtel customers making UPI or net banking-based payments through Airtel Payments Bank, no longer have to worry about money flowing out of their accounts without their explicit consent.

• An India-First innovation, ‘Airtel Safe Pay’ leverages Airtel’s ‘telco exclusive’ strength of network intelligence to provide an additional layer of payment validation, compared to the industry norm of two-factor authentication.

• This offers the highest level of protection from potential frauds such as phishing, stolen credentials or passwords, and even phone cloning that catches customers unaware.

• Using ‘Airtel Safe Pay’, Airtel Payments Bank customers can make secure digital payments across millions of merchants, online retailers and utilities, and even send money.

INTERNATIONAL

Infosys receives Google Cloud Partner Status

• Infosys has recently announced that it has been accredited with the Google Cloud Partner Specialization in the data and analytics space. Infosys is among the top global system integrators which have been accredited with this specialization.

• Infosys has received this recognition as the company has successfully demonstrating end-to-end capabilities on Google Cloud including warehousing on the cloud and data ingestion.

• Infosys has showcased robust methodology, strong industry expertise, technical proficiency, success in specialized data and analytics solutions, and service areas.

• These data and analytics offerings are a part of Infosys Cobalt.

• Along with AI capabilities, these data and analytics offerings help in optimizing costs paving the way for AI and cloud-native digital transformation for enterprises, migrating workloads to Google Cloud, and modernize data landscapes.

• Infosys Cobalt is a set of services, platforms, and solutions for enterprises for enhancing and accelerating their cloud journey. The Infosys Cobalt provides more than 200 industry cloud solution blueprints and 14,000 cloud assets.

Joe Biden takes oath as 46th US President

• Joe Biden became the 46th president of the United States. He swore the oath of office moments after Kamala Harris, who became America’s first woman vice president, turning the page on Donald Trump’s tumultuous four years.  At 78, Biden is the oldest president in US history and only the second Roman Catholic president.

• Biden, who was vice president under Barack Obama and first ran for president in 1987, plans to kick off his tenure with a flurry of 17 orders. Biden will immediately rejoin the Paris climate accord and stop the US exit from the World Health Organization and set new paths on immigration, the environment, Covid-19 and the economy.

• Biden, who is the oldest president in American history, took the oath by placing his left hand on his 127-year-old family Bible, which was held by his wife, Jill Biden. He used the same Bible during his swearing-in as vice president and seven times as senator from Delaware.

• Lady Gaga, in a poofy dress that was Valentine red, sang the national anthem and Tom Hanks prepared for a televised evening appearance with the new president.

• Jennifer Lopez sang a pop rendition of “This Land is Your Land,” often considered the unofficial US national anthem, ending it by exclaiming the words of the pledge of allegiance — a nation that promises “liberty and justice for all” in Spanish.

Netherlands PM Mark Rutte and his entire cabinet quits

• The Dutch Prime Minister, Mark Rutte and his entire Cabinet has resigned recently over the childcare subsidies scandal, in which thousands of families were wrongly accused of child welfare fraud. However, the Rutte government will stay on in a caretaker role until parliamentary elections in March 2021.

• The resignation brings to an end a decade in office for Rutte, although his party is expected to win the election, putting him first in line to begin talks to form the next government. If he succeeds in forming a new coalition, Rutte would most likely again become prime minister.

NATIONAL

15th India Digital Summit 2021 begins

• The India Digital Summit, the flagship event of the Internet and Mobile Association of India (IAMAI) is one of the biggest conferences for the digital industry. Honourable Union Minister for Communications, Electronics & IT and Law & Justice, Shri Ravi Shankar Prasad, who is the chief guest, will deliver the inaugural address at the Summit.

• The summit, in its 15th year, will bring thought leadership on various digital initiatives that will cover Policies, Business, Investment, Advertising, Digital Commerce, Start-ups Ecosystem, Emerging Tech, and other Digital Trends.

• The theme for this year’s summit, which is being held virtually is ‘Aatmanirbhar Bharat – Start of New Decade’ in line with the government’s ‘Make for the World’ Initiatives.

• The staggering increase in the total number of internet users in rural India recently presents us with the unique opportunity to establish India as a global powerhouse of Digital Growth.

Bhawana Kanth to become 1st woman fighter pilot at R-Day parade

• Flight lieutenant Bhawana Kanth will become the 1st woman fighter pilot to take part in the Republic Day parade. She will be a part of the Indian Air Force’s tableau in the 2021 Republic Day Parade that will showcase mock-ups of the light combat helicopter, light combat aircraft, and the Sukhoi-30 fighter plane.

• At present, Bhawana is posted in Rajasthan and flies the MiG-21 Bison fighter plane.

• Bhawana is also one of the first women fighter pilots to be inducted into the Indian Air Force in the year 2016.

• She was inducted into IAF in 2016 along with Mohana Singh and Avani Chaturvedi.

• Since then 10 women have been commissioned as fighter pilots in IAF.

• Induction of Bhawana and other two women fighters was an experimental scheme of induction of women in IAF’s combat stream introduced in the year 2015.

NITI Aayog Releases India Innovation Index 2.0

• NITI Aayog released the second edition of the India Innovation Index on 20 January 2021, along with the Institute for Competitiveness. India Innovation Index 2.0 or 2nd edition has released by NITI Aayog Vice-Chairman Rajiv Kumar. The index demonstrates the government’s continued commitment towards transforming the country into an innovation-driven economy. The report examines the innovation capabilities and performance of the states and union territories.

The innovation index ranking is based on five enabler parameters:

• Human Capital

• Investment

• Knowledge Workers

• ‘Business Environment

• ‘Safety and Legal Environment

Two performance parameters:

• Knowledge Output

• Knowledge Diffusion

• In the India Innovation Index-2020, the States and Union Territories have been divided into the 17 Major States, 9 City-States and Union Territories, and 10 North-East and Hill States.

In the 2020 ranking:

• Karnataka retained its first position in the Major States category. Maharashtra moved one position higher and stood at 2nd spot while Tamil Nadu slid to 3rd position.

• In the North East and Hill States category, Himachal Pradesh stands at first position followed by Uttarakhand and Manipur.

• Delhi stands at the first position while Chandigarh retained its second spot in the Union Territories and small States category.

Kiren Rijiju gets additional charge of Ayush Ministry

• Ministry for Sports and Youth Affairs, Kiren Rijiju has been given the additional charge of the Ayush Ministry. He will hold the fort till Shripad Yesso Naik recovers from an accident. The President has directed that this arrangement may continue till Shri Shripad Yesso Naik resumes his work related to Ministry of AYUSH.”

• The President, as advised by the Prime Minister, has directed that during the hospitalisation and treatment of Shri Shripad Yesso Naik, Minister of State (Independent Charge) of Ministry of Ayurveda, Yoga and Naturopathy, Unani, Siddha and Homeopathy (AYUSH); and Minister of State in Ministry of Defence, following a road accident, his portfolio related to Ministry of AYUSH, be temporarily assigned to Shri Kiren Rijiju, Minister of State (Independent Charge) in addition to his existing portfolios.

Maharashtra renames Gorewada international zoo after Bal Thackeray

• The Maharashtra government has renamed Gorewada International Zoo in Nagpur as ‘Balasaheb Thackeray Gorewada International Zoological Park. The zoological park will come up on nearly 2,000 hectares forest land.

• Chief Minister Uddhav Thackeray will inaugurate the Indian safari at the zoo on January 26. Three special 40-seat capacity vehicles and an online ticket booking facility will be made available to the people as soon after the Indian safari is inaugurated.

SUMMITS AND MOU’S

India, Singapore sign pact on submarine rescue support

• The 5th edition of the Defence Ministers’ Dialogue (DMD) between India and Singapore was successfully held on 20 January 2021 through a video conference, in an effort to deepen military cooperation.

• During the meeting, the ‘Implementing Agreement on Submarine Rescue Support and Cooperation’ was signed between the two Navies. The agreement was signed between Defence Minister Rajnath Singh and his Singaporean counterpart Dr Ng Eng Hen.

BOOKS AND AUTHORS

Goa CM releases book 'Manohar Parrikar - Off the Record'

• Goa Chief Minister, Pramod Sawant has released a book ‘Manohar Parrikar- Off the Record’ at a function organized at Institute Menezes Braganza hall in the city. The book has been written by senior journalist Waman Subha Prabhu.

• The book ‘Manohar Parrikar- Off the Record’ is a collection of memories of Mr Prabhu who happened to be with late Parrikar during the journey of his life. In the book, the author has endeavoured to narrate the multi-faceted personality of late Manohar Parrikar. Chief Minister Pramod Sawant, while speaking, said Late Manohar Parrikar was a great visionary who had dreamt to serve Goa.

BANKING AND ECONOMY

ICICI Bank launches ‘InstaFX’ mobile app

• ICICI Bank has launched a new mobile application ‘InstaFX’ for authorised money changers to help customers of any bank get ‘ICICI Bank Forex Prepaid Card’ swiftly. ICICI is the bank is the first in the country to offer such facility to money changers. A money changer is a person or organization whose business is the exchange of coins or currency of one country, for that of another.

• The ‘InstaFX’ app will enable the authorised money changers, who are partners of the Bank, to complete the KYC verification and validation of customers digitally and on a real-time basis.

• The ‘ICICI Bank Forex Prepaid Card’ gets activated swiftly within a few hours, as against the industry practice of up to two-days, thus it will significantly improve customer convenience, even if they are not customers of ICICI bank.

INTERNATIONAL

Yoweri Museveni wins sixth term as Uganda’s President

• Uganda’s incumbent President Yoweri Museveni has been declared as the winner of the country’s presidential election for 2021. Museveni secured 58.64 per cent of the total votes cast, to win the sixth term as the President.

• The 76-year-old leader is serving as the President of the Republic of Uganda since 1986 and is one of Africa’s longest-serving presidents.

NATIONAL

Noida Police ties up with Microsoft for tech support

• Police Commissioner Alok Singh signed the memorandum of understanding (MoU) with representatives of Microsoft India, hoping to bring in simplicity and skills in policing.

• The Gautam Buddh Nagar police and tech giant Microsoft on Monday entered into an agreement to boost policing in this western Uttar Pradesh district, according to an official statement.

PM Modi appointed chairman of Somnath Temple Trust

• Prime Minister Narendra Modi was appointed the new chairman of the trust which manages the world-famous Somnath Temple at Prabhas Patan town in Gujarat's Gir-Somnath district, becoming the second PM to hold the post. After former PM Morarji Desai, Narendra Modi is the second Prime Minister who has been appointed the chairman of the temple trust. As per trust records, PM Modi has become the eighth chairman of the trust. As per the records, Desai had served as the chairman between 1967 and 1995.

• The post of the Somnath Trust's chairman fell vacant after the death of the incumbent, former Gujarat Chief Minister Keshubhai Patel, in October last year. Patel had served as the chairman for 16 years (2004-2020). Other trustees include BJP leader LK Advani, Union Home Minister Amit Shah, Gujarat-based scholar JD Parmar and businessman Harshvardhan Neotia.

DRDO hands over Motor Bike Ambulance Rakshita to CRPF

• Defence Research and Development Organisation has handed over Motor Bike Ambulance Rakshita to the Central Reserve Police Force (CRPF). The bike ambulance will help in overcoming the problems faced by Indian security forces and emergency health care providers. The bike ambulances will provide life-saving aid for the evacuation of injured patients from low-intensity conflict areas.

• Rakshita is fitted with a customized reclining Casualty Evacuation Seat (CES), which can be fitted in and taken out as per requirement.

• Other major features are the head immobilizer, safety harness jacket, hand and foot straps for safety, adjustable footrest, physiological parameter measuring equipment with wireless monitoring capability and auto warning system for the driver.

• The bike ambulance will help in overcoming the problems faced by Indian security forces and emergency health care providers. The bike ambulances will provide life-saving aid for the evacuation of injured patients from low-intensity conflict areas.

SPORTS

Carolina Marin wins Yonex Thailand Open badminton tournament 2021

• Reigning Olympic champion Carolina Marin bolstered her chances of defending her title in Tokyo later this year after claiming the Thailand Open in Bangkok over top seed Tai Tzu-Ying. The Yonex Thailand Open Super 1000 badminton tournament was held from 12 January 2021 to 17 January 2021. It was the first badminton tournament of 2021 by Badminton World Federation (BWF).

Winners of Singles Title:

• Men’s Category: Viktor Axelsen (Denmark) defeated Angus Long (Hong Kong) to clinch the Men’s Singles Title.

• Women’s Category: Carolina Marin (Spain) defeated Tai Tzu-Ying (Taiwan) to bag the Women’s Singles Title.

Winners of Doubles Title:

• In the Men’s Doubles, Taiwan’s Lee Yang & Wang Chi-Lin beat Malaysia’s Goh V Shem & Tan Wee Kiong to bag the Doubles Title.

• In the Women’s Doubles, Indonesia’s Greysia Polii & Apriyani Rahayu defeated Thailand’s Jongkolphan Kititharakul & Rawinda Prajongjai to clinch the Doubles Title.

Winners of Mixed Doubles:

• Thailand’s Dechapol Puavaranukroh and Sapsiree Taerattanachai defeated Indonesia’s Praveen Jordan & Melati Daeva Oktavianti to clinch the mixed doubles title.

OBITUARY

Dr V Shanta, renowned Indian oncologist, passes away

• Dr V Shanta, renowned Indian oncologist and doyen of cancer care, has passed away at the age of 93. Dr V Shanta was also the chairperson of Adyar Cancer Institute.

• Dr V Shanta was known for her work on cancer care and for building the Cancer Institute with her mentor. The institute is known for providing state-of-the-art health care to all patients, irrespective of their economic condition.

Hyderabad’s best-known historian Narendra Luther, passes away at 88

• Hyderabad’s most respected historian Narendra Luther passed away on Tuesday at a private hospital in Hyderabad at the age of 88. Also a bureaucrat, poet and an authority on all things Hyderabadi.

• An IAS officer in the erstwhile Andhra Pradesh, he moved to Hyderabad in 1959 and developed deep roots with the city. He penned 13 books about Hyderabad’s history and had an undying love for the city’s rockscape.

Former Union Minister and Industrialist Kamal Morarka passes away

• Former Union minister and noted industrialist Kamal Morarka has passed away. He served as the Minister of State in Prime Minister’s Office under Prime Minister Chandra Shekhar from 1990 to 1991.

• The 74-year-old leader, a businessman who was also a former BCCI vice president. He was incumbent president of Samajwadi Janata Party (Chandra Shekhar). He was elected to Rajya Sabha in 1988.

APPOINTMENTS AND RESIGNATIONS

Vishwavir Ahuja re-appointed as RBL Bank chief

• The board of directors of RBL Bank has approved the re-appointment of Vishwavir Ahuja as the Managing Director and CEO of the bank for three years. The re-appointment is with effect from June 30, 2021, to June 29, 2024, and the same is being recommended to the Reserve Bank of India and shall be subject to their approval, the bank said in a regulatory filing. He has been MD & CEO of RBL Bank since June 30, 2010.

• Prior to joining RBL Bank, he was the MD & CEO of Bank of America, India, from 2001 to 2009. As per the regulatory filing, under Ahuja’s leadership, the deposits of the bank have grown almost 40 times, while advances have grown more than 45 times since 2011.

AWARDS AND RECOGNITION

Nihal wins Gazprom Brilliancy Prize

• Nihal Sarin became the winner of the Gazprom Brilliancy Prize, a special trophy awarded to the best game from the FIDE Online World Cadets and Youth Championship (December, 20) by the General Partner of the competition.

• His victory against Francesco Sonis received 5 votes out of 9.

INTERNATIONAL

India and Japan inks MoC to promote movement of skilled workers

• India and Japan signed a Memorandum of Cooperation (MoC) a Basic Framework for Partnership for Proper Operation of the System Pertaining to Specified Skilled Worker (SSW), to promote the movement of skilled workers from India to Japan. The MoC was signed between Foreign Secretary Harsh Vardhan Shringla and Ambassador of Japan to India Suzuki Satoshi.

• The MoC covers 14 categories of specified skills. The skilled workers from India who meet these skills requirement and Japanese language tests would be eligible for employment in Japan on a contractual basis.

• These workers would be granted the status of Specified Skilled Worker by Japan.

• The 14 specified industry fields include nursing care, building cleaning, material processing, industrial machinery manufacturing, electric and electronic information, construction, shipbuilding and ship-related industry, automobile maintenance, aviation, lodging, agriculture, fisheries, food and beverages manufacturing and food services industry.

NATIONAL

Harsh Vardhan chairs 148th session of WHO Executive Board

• Dr Harsh Vardhan, Union Minister for Health and Family Welfare digitally chaired the 148th session of WHO Executive Board, through Video Conference. The 148th session of the Executive Board has been organised from 18-26 January 2021.

• The meeting provides a platform to bring together all member states to set the directions and agenda and continue striving for the objective of Health as a state of complete physical, mental and social well-being and not merely the absence of disease or infirmity. Also, the WHO has declared the Year 2021 as the Year of Global Solidarity and Survival.

Nitin Gadkari inaugurates National Road Safety Month 2021

• The first-ever National Road Safety Month was inaugurated by Union Minister for Defence Shri Rajnath Singh and Union Minister for Road Transport and Highways & MSME Nitin Gadkari. It is the inaugural edition of the National Road Safety Month and is being held in place of National Road Safety Week, which was being observed since the past few years. The objective of the month-long programme is to build awareness about road safety and reduce road accidents in India. It will be held till 17 February 2021.

• During this period, nation-wide activities would be conducted throughout the country in association with State Govt./Union Territory administrations, NHAI, NHIDCL, OEMs and NGOs.

• The centre is also taking several measures to reduce road accidents by Restructuring and Strengthening 4E’s of Road safety, which are: Engineering, Education, Enforcement and Emergency care Services.

PM Modi launches Rs 1,000-crore ‘Startup India Seed Fund’

• Prime Minister Narendra Modi has launched Rs 1,000-crore ‘Startup India Seed Fund’ on 16 January 2021, while addressing the ‘Prarambh: Startup India International Summit’ 2021. This initiative will help in setting up new startups and promote their growth.

• The Startup India Seed Fund would support startups in need of initial capital to start and grow their business and help budding entrepreneurs pursue innovative ideas.

• The government has been implementing the Fund of Fund Scheme to help startups raise equity capital. Going forward, the government will also help startups in raising debt capital.

India’s first COVID-19 Vaccine recipient is Manish Kumar

• Manish Kumar, a sanitation worker in Delhi, became the first person to receive the COVID-19 vaccine in India after PM Modi flagged off the nationwide vaccination drive on 16 January 2021. Manish Kumar was given the injection at AIIMS in Delhi while Union Health Minister Dr Harsh Vardhan was also present.

• PM Modi launched the nationwide vaccine drive via videoconferencing and congratulated the people of India on getting two Made in India vaccines. India’s vaccination programme is based on a very important principle that those who are in need of the vaccine will get vaccinated first. Our doctors, nurses, medical & paramedical staff, sanitation workers in hospitals – be it private or hospital are entitled to get vaccinated. This will be done on priority.

SPORTS

Khelo India Zanskar Winter Sport & Youth festival 2021 begins

• In Ladakh, the inaugural edition of the Khelo India Zanskar Winter Sport & Youth Festival 2021 kicked off on 18th January 2021. The 13- Day Zanskar Winter Sports Festival aims to open a new arena in Ladakh for adventure and Nature loving tourists and a boost for local Youth to hone up their skills in winter sports to represent India.

• A series of snow-based activities will be held for the next 13 days to promote tourism and economic activities in the Snowbound, picturesque Zanskar.

OBITUARY

Legendary classical musician Ustad Ghulam Mustafa Khan passes away

• Legendary Indian classical musician and Padma Vibhushan awardee Ustad Ghulam Mustafa Khan passed away. He was awarded the Padma Shri in 1991, the Padma Bhusan in 2006, and the Padma Vibhushan in 2018.

• In 2003, he was also awarded the Sangeet Natak Akademi Award, which is the highest recognition given to practising Indian artists by the Sangeet Natak Akademi.

IMPORTANT DAYS

GoI decides to celebrate January 23 as Parakram Diwas

• The birth anniversary of Netaji Subhash Chandra Bose, on January 23, as ‘Parakram Diwas’ every year, the Ministry of Culture announced. The day is celebrated to honour and remember Netaji’s indomitable spirit and selfless service to the nation. Earlier this month, the Ministry of Culture held a high-level committee, headed by Prime Minister Narendra Modi, to commemorate the 125th birth anniversary of Netaji Subhas Chandra Bose in a befitting manner.

• Prime Minister Narendra Modi is expected to visit West Bengal on January 23 to attend Netaji Subhas Chandra Bose’s birth anniversary celebrations at the Victorial Memorial in Kolkata. The PM is also likely to visit National Library located in Belvedere Estate, Alipore.

NDRF Celebrates its 16th Raising Day

• The National Disaster Response Force (NDRF) celebrated its 16th Raising Day on 18th January. National Disaster Response Force (NDRF), a specialized multi-skilled, humanitarian force of the country, came into existence on January 19th, 2006 has been playing a vital role in Disaster Management and Community awareness for Disaster Risk Reduction (DRR) in the country.

• The NDRF has earned good name and fame nationally and internationally with its selfless service and unmatched professionalism in disaster management. NDRF has saved more than One lakh lives in its 3100 operations and rescued/evacuated over 6.7 lakh people during disasters.

BOOKS AND AUTHORS

Ramchandra Guha’s latest book ‘The Commonwealth of Cricket’

•  Ramchandra Guha’s latest book ‘The Commonwealth of Cricket’ would be launching virtually in the Tata Literature Live (The Mumbai Lit fest) this month. His latest book juxtaposes his life with his abiding love for the game & this conversation could not come at a better time with India and Australia in the midst of an enthralling test series.

•  In his upcoming book, ‘The commonwealth of cricket: The most subtle and sophisticated game known to mankind’, Guha has penned down his personal account of being intimately involved with the game starting from the time he was a child growing up in Dehradun to his days in college, from his encounters with the best Indian and foreign cricket players to becoming part of the BCCI.

•  As he traces his multifaceted encounters with the game through anecdotes, memoirs and evocative portraits of cricketing legends, he charts the extraordinary social and historical changes that cricket underwent in India and the world.

INTERNATIONAL

Pakistan approves emergency use of Oxford-AstraZeneca C-19 vaccine

• Pakistan has approved the emergency use of Oxford-AstraZeneca C-19 vaccine and the government hopes to make the drug available by the first quarter of the year, as the country's coronavirus tally surged to 519,291.

• Special Assistant to Prime Minister Imran Khan on Health Dr Faisal Sultan confirmed on Saturday that the Drug Regulatory Authority Pakistan (DRAP) has granted approval for emergency use of the Oxford-AstraZeneca coronavirus vaccine across the country.

US designates UAE, Bahrain as ‘Major Strategic Partners’

• The United States has recently designated the Kingdom of Bahrain and the United Arab Emirates (UAE) as the “major strategic partners” of the country. This has been announced before the formal transition of the president’s office from Donald Trump to Joe Biden. This announcement of “major strategic partners” was done by Kayleigh McEnany, the White House Press Secretary.

• Designation as strategic partners will strengthen the existing partnership between the United States, the Kingdom of Bahrain, and the United Arab Emirates.

• Both the countries have been designated for their commitment to countering violent extremism across the region, exceptional security partnership, and exemplified by their hosting thousands of United States airmen, soldiers, marines, and sailors.

• Also, both the Kingdom of Bahrain and the United Arab Emirates have been a part of various United States-led coalitions in the last 30 years. It also represents the commitment to the security and economic cooperation of the countries.

• The designation also reflects their determination, extraordinary courage, and leadership in entering into the Abraham Accords.

• The Jebel Ali port of UAE is the busiest port of call for US warships outside of the U.S. Kingdom of Bahrain also hosts around 5,000 American troops and is home to the 5th Fleet of the U.S. Navy.

NATIONAL

Kerala Governor launches 'One School One IAS' scheme

• Kerala Governor Arif Mohammad Khan has inaugurated the ‘OneSchool One IAS’ scheme which has been rolled out under the Vedhik Erudite Foundations Scholarship Programme. According to a notification released an institution considered by top academics and retired IAS and IPS officers in the state is conducting the programme which seeks to refute the general notion that the civil service is for the elite class only.

• The programme will be providing free training to the students who are economically backward but are academically brilliant aspirants of civil service and other competitive exams.

• The scheme is supported by sponsors, which expects an enrollment of 10,000 boys and girls across the state.

• The beneficiaries of the programme will be selected by a panel which will be headed by the heads of the respective educational institutions.

NASA targets final test of ‘world’s most powerful rocket’

• The National Aeronautics and Space Administration (NASA) is looking to carry out the eighth and final test in its “Green Run” test series. This eighth stage termed “hot fire,” will bring to an end a series of tests which, NASA says, will gradually bring together the core stage of the Space Launch System (SLS) to life for the very first time. The core stage of the SLS will form the backbone of what NASA says will be the “most powerful rocket in the world” and will power its next-generation human Moon Missions.

• The stage will then be assembled with the other parts of the rocket and NASA’s Orion spacecraft for Artemis I, which will be the first integrated flight of Orion-SLS and the first under the Artemis programme, under which NASA will take the first woman and the next man to Moon, by 2024.

• The 212-foot-tall SLS core stage includes the liquid hydrogen tank and liquid oxygen tank can hold 733,000 gallons of propellant to power the RS-25 engines.

• It is the rocket that NASA projects will be carrying a new generation of astronauts to the moon and handle missions beyond the scope of existing commercial crew vehicles.

• This rocket is a little shorter than the Saturn V rockets but is more powerful.

• This new rocket will be producing 15% greater thrust during liftoff in comparison to Saturn V. When the engines are fired up, 1.6 million pounds of thrust will be generated.

• When the 4 RS-25 engines at the bottom of the SLS be ignited, the period of testing for the rocket will close.

• This core includes oxygen and liquid hydrogen tanks, 4 engines and computers, and avionics of the rocket.

• All these will be turned on as 2.6 million litres of supercooled propellant will be loaded into the rocket and ignited. However, the rocket will remain fixed at the Stennis Space Center of NASA.

PM Modi flags off 8 trains connecting Statue of Unity

• Prime Minister Narendra Modi has flagged off eight trains connecting the Statue of Unity in Kevadiya, Gujarat with different regions of the country through video conferencing. PM Modi informed that it was the first time in history that so many trains from different locations were flagged off for a common destination.

The eight trains flagged off will connect Kevadiya with

• Varanasi,

• Dadar,

• Ahmedabad,

• Hazrat

• Nizamuddin,

• Rewa,

• Chennai, and

• Pratapnagar.

• PM also inaugurated other railway projects in Kevadiya, including Dabhoi-Chandid gauge converted broad gauge rail line, Chandod-Kevadiya new broad gauge rail line, Pratapnagar-Kevadiya newly electrified section, and new station buildings of Dabhoi Junction, Chandod and Kevadiya.

Petroleum Ministry launches ‘SAKSHAM’ campaign

• The Ministry of Petroleum and Natural Gas has launched a month-long mass awareness campaign titled ‘SAKSHAM’ to spread awareness about green and clean energy. The campaign has been organised by the Petroleum Conservation Research Association (PCRA), to motivate consumers to switch to cleaner fuels and bring in behavioural change to use fossil fuel intelligently. The campaign will spread awareness about seven key drivers that Prime Minister Narendra Modi had recently mentioned.

• SAKSHAM stands for Sanrakshan Kshamata Mahotsav.

• The pan-India campaign would include various activities such as cyclotron, farmer workshops, seminars, painting competition, CNG vehicle driving contest, etc to spread awareness among masses about the advantages of using clean fuels.

• They include moving towards a gas-based economy, cleaner use of fossil fuels, greater reliance on domestic sources to drive biofuels and increased use of electric vehicles.

APPOINTMENTS AND RESIGNATIONS

Kiran Mazumdar-Shaw selected as one of USIBC vice-chair

• The US-India Business Council (USIBC) has selected three top corporate leaders as the Vice-Chairs of 2021 Global Board of Directors of USIBC with immediate effect. The three new appointees will now work with USIBC President Nisha Biswal and the Council’s policy directors, for strengthening US-India commercial relationship for the future.

The three newly appointed VCs are

• Biocon Executive Chairperson: Kiran Mazumdar-Shaw.

• Amway CEO: Milind Pant.

• Vice-chair at Nasdaq: Edward Knight.

• USIBC has strengthened its leadership team as it plans to work with the new Joe Biden-led US administration. The Council advocates for strengthening US-India commercial relationship for the future. The vice-chairs will work to amplify the voice of the industry on international trade and investment issues and emphasise the key role that businesses can play in strengthening democratic institutions and combatting the global pandemic.

UN Rights Body elects Fiji in First Ever Presidential Vote

• The UN Human Rights Council elected Fiji’s ambassador as its 2021 president in an unprecedented secret ballot after a diplomatic stand-off blocked the usual consensus decision. Fiji’s ambassador in Geneva, Nazhat Shameem Khan, who served as the council’s vice president in 2020 and is considered a rights champion, won with 29 out of 47 votes.

• She ran against two other candidates from the UN’s Asia-Pacific regional group of countries: Bahrain’s ambassador Yusuf Abdulkarim Bucheeri and his counterpart from Uzbekistan, Ulugbek Lapasov, who received 14 and four votes respectively.

• The president mainly oversees council meetings but is also in charge of appointing the independent experts who investigate countries’ alleged rights abuses and can determine how hard to crack down on cases of state intimidation against those who cooperate with the body.

BANKING AND ECONOMY

ADB, EIB join hands to protect oceans, support blue economy

• The Asian Development Bank (ADB) and the European Investment Bank (EIB) has formed a new clean and sustainable ocean partnership to support initiatives in Asia and the Pacific to help meet the SDGs and the climate goals of the Paris Agreement.

• The partnership will strengthen the capacity of ADB and EIB to support high-impact projects.

• Both institutions will finance activities aimed at promoting cleaner oceans through the reduction of land-based plastics and other pollutants discharged into the ocean, as well as projects to improve the sustainability of socioeconomic activities that take place in oceans or use ocean-based resources.

NATIONAL

Kite festival Shakrain celebrated in Dhaka

• On this occasion, people engaged in kite flying and fireworks among many other recent additions like ‘DJ Party’ to celebrate this occasion. The kite flying competition is followed by winter cake festival -- pithapuli in which rice cake pudding is eaten by people.

• This is a centuries-old tradition in several parts of Bangladesh celebrated on the last day of the Bengali month of Paush. People in the old Dhaka city of Shakhari Bazar, Laxmibazar, Bangshal and Sutrapur among others celebrated this festival with great joy.

• The Dhaka South City Corporation (DSCC) organised the festival for the first time this year with the slogan ‘Let’s Fly a kite, Cherish Tradition’. The festival was held in all the 75 wards of DSCC with the Mayor Barrister Sheikh Fazle Noor Taposh inaugurating the festival by flying the kite in the city.

Indian-American Garima Verma named digital director in Office of the First Lady

• Incoming First Lady, Jill Biden has named Indian-American Garima Verma as her digital director and Michael LaRosa press secretary, the Biden transition team has announced.  She served as audience development and content strategist on the Biden-Harris campaign. Before joining the campaign, Verma was a volunteer with the content team, designing graphics for distribution to Biden-Harris volunteers across the country.

• Verma, who was born in India, grew up in Ohio and the Central Valley of California. She previously worked in the entertainment space, marketing films at Paramount Pictures and television shows at The Walt Disney Company’s ABC Network, and media agency Horizon Media. Verma has also served as an independent consultant in marketing, design and digital for a number of small business and non-profit clients.

APPOINTMENTS AND RESIGNATIONS

TEPC appoints Sandeep Aggarwal as new Chairman

• The Telecom Equipment and Services Export Promotion Council (TEPC) has appointed Sandeep Aggarwal as the new Chairman. Aggarwal, the Managing Director and Promoter of Delhi-based Paramount Communications, will take over from Shyamal Ghosh, ex-Telecom Secretary.

• TEPC is an independent body set up by the government to promote and develop the export of telecom equipment and services.

Indian-American Vidur Sharma Appointed As Covid Testing Adviser By Biden

• Joe Biden has named Indian-American health policy expert Vidur Sharma as testing advisor in his C-19 Response Team, as the US President-elect laid out his ambitious goal to intensify vaccinations across the country to tackle the spread of the deadly pandemic.

• The announcement of Sharma's appointment as Policy Advisor for Testing was made by Biden on Friday along with additional members of the White House C-19 Response Team.

• During the Obama administration, Sharma served as a health policy advisor on the Domestic Policy Council.

AWARDS AND RECOGNITION

IFFI: Biswajit Chatterjee awarded ‘Indian Personality of the Year’

• Inaugurating the 51st International Film Festival of India (IFFI) here on Saturday, Union Minister for Information and Broadcasting, Prakash Javadekar, announced a new ‘Indian Personality of the Year’ award, which he announced was being conferred upon veteran actor, director and singer Biswajit Chatterjee.

• During his address, Javadekar also made a strong pitch for the film industry as well as other private companies to start participating in the annual festival from its next edition.

Shri Amresh Kumar Chaudhary has been awarded prestigious "Chief of Army Staff Commendation"

• Incumbent Chief Controller, Shri Amresh Kumar Chaudhary has been awarded prestigious " Chief of Army Staff Commendation" for his outstanding contribution to Armed Forces during critical period of Covid19 pandemic and it’s various operations.

• Shri Amresh Kumar Chaudhary is currently working as Chief Controller in Mil Rail.

• Shri Amresh Kumar Chaudhary is a very sincere, hard-working, proactive and result-oriented official with highest degree of integrity.

BANKING AND ECONOMY

ICICI Bank ties up with fintech Niyo to issue prepaid cards to MSMEs

• ICICI Bank, a leading Indian private sector bank, and Niyo, a new age fintech company announced a tie-up to issue prepaid cards to Micro, Small and Medium Enterprises (MSMEs) workers. MSMEs will now be able to get ‘ICICI Bank Niyo Bharat Payroll Card’ powered by Visa, for their blue-collar workers.

• With this, MSMEs can upload the salaries of their workers on the card, which the workers can then utilise as per their need seamlessly.

• These workers are mostly under-banked and are deprived of banking facilities.

• The ‘ICICI Bank Niyo Bharat Payroll Card’ allows an individual to receive funds up to Rs 1 lakh into the card account. It offers convenience and safety of digital banking to the blue-collar workforce while providing a state-of-the-art salary disbursement solution to the employers.

• Any MSME can tie-up with Niyo to avail of the prepaid card. After the tie-up, cards are issued to the workers at their workplace itself while their KYC verification is done simultaneously using a biometric device.

• Once activated, workers can use the card to withdraw funds at ATMs, make online transactions on e-commerce portals and make payment by swiping the card at Point of Sale (PoS) machines.

YES Bank launches wellness themed credit card

• Yes Bank has announced its partnership with Aditya Birla Wellness Private Limited to launch the ‘YES BANK Wellness’ and ‘YES BANK Wellness Plus’ Credit Cards – aimed at the holistic health, self-care and wellness of consumers. This is an innovative step to encourage and promote self-care, mental and physical well-being.

• Consumers can now enjoy the bouquet of complementary health benefits by simply registering on the Aditya Birla Multiply App.

• Benefits include reward points, diet plans, consultations etc

• The mobile app allows consumers to avail complimentary benefits such as annual health check-up, round the clock doctor or counsellor helpline, in-studio or home-based workout sessions, personalized diet plans, among others, right at their fingertips.

GM to invest C$1 billion in Canada plant to manufacture electric vans

• General Motors Co and labor union Unifor said on Friday they have reached a tentative deal for the automaker to invest nearly C$1 billion ($785.42 million) in its CAMI Assembly Plant in Ingersoll, Ontario, to manufacture commercial electric vans.

• Under the tentative deal, which is yet to be ratified by the union workers, GM has agreed to begin large-scale commercial production of EV600, an electric van, at its CAMI plant, Unifor said in a statement.

• The Detroit automaker said in a separate statement that work would begin immediately at the plant.

INTERNATIONAL

Donald Trump becomes first U.S. President to be impeached twice

• President Donald Trump was impeached by the U.S. House for a historic second time on January 13, charged with “incitement of insurrection” over the deadly mob siege of the Capitol in a swift and stunning collapse of his final days in office. He was first impeached in 2019 over his Ukraine dealings.

• The House voted 232-197 to impeach Mr Trump. The proceedings moved at lightning speed, with lawmakers voting just one week after violent pro-Mr. Trump loyalists stormed the U.S. Capitol, urged on by the President’s calls for them to “fight like hell” against the election results.

NATIONAL

No foreign leader as chief guest on Republic Day this year

• According to External Affairs Ministry Spokesperson Anurag Srivastava, due to the global C-19 situation, it has been decided that this year there will not be a foreign Head of State or Head of Government as the Chief Guest for the Republic Day event. President Ramnath Kovind will take the salute at the parade this time. This will be the first time in over five decades that India will not have a chief guest at the Republic Day parade.

• This comes days after United Kingdom (UK) Prime Minister Boris Johnson cancelled his visit to India. Boris Jonhson was scheduled to be the chief guest at India’s Republic Day parade on January 26.

Rajnath Singh unveils India’s 1st indigenously developed driverless metro car

• Union Defence Minister, Rajnath Singh has unveiled India’s first ‘Driverless Metro Car’ on 15 January 2021 during a function held at BEML’s Bangalore Complex. The indigenously designed & developed state-of-the-art Driverless Metro trains are being manufactured at BEML Bangaluru manufacturing facility, for Mumbai Metropolitan Region Development Authority (MMRDA).

• BEML recently opened its Depot office at Charkop Metro Depot, MMRDA, Mumbai for commissioning, testing and round-the-clock services for Driverless Metro cars. BEML bagged a total order of 576 cars for Mumbai Metropolitan Region Development Authority (MMRDA)’s MRS1 project and the supply is scheduled progressively up to January 2024.

Piyush Goyal inaugurates the ‘Prarambh: Startup India International Summit’

• The Union Minister of Commerce and Industry, Consumer Affairs and Food and Public Distribution, Piyush Goyal has inaugurated the two-day ‘Prarambh’, Startup India International Summit in New Delhi on 15 January 2021. The Summit has been organized by the Department for Promotion of Industry and Internal Trade (DPIIT), under M/o Commerce & Industry.

• The inaugural event was participated by the members of BIMSTEC (Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation) countries.

• The ‘Prarambh’ Summit will provide a platform to the startups and young minds from around the world to come together and collaborate to work collectively to come with new ideas, innovation and invention.

• The focus of the Summit will be on enhancing multilateral cooperation and engagement with countries from around the globe to collectively develop and strengthen the startup ecosystems.

• The Summit marks the fifth anniversary of the Startup India initiative, launched by the Prime Minister on 16 January 2016.

Centre launches Pradhan Mantri Kaushal Vikas Yojana 3.0

• The Government of India launched the third phase of Pradhan Mantri Kaushal Vikas Yojana on 15 January 2021. The scheme has been rolled out for the current financial year, ending March 2021, and will be implemented by the Ministry of Skill Development and Entrepreneurship.

• Under the Pradhan Mantri Kaushal Vikas Yojana-3.0, skills training would be provided in 600 districts across all states, (except four states including Himachal Pradesh, Chhattisgarh and West Bengal) to 8 lakh candidates over next three months with an outlay of Rs 948.90 crore with a focus on Covid-related skills.

• The training will be imparted through 729 Pradhan Mantri Kaushal Kendras (PMKKs), empanelled non-PMKK training centres and more than 200 industrial training institutes (ITIs).

• Further, a five-year PMKVY will be launched in 2021-22 with an enhanced target of skilling 1.5 crore youth.

Kerala becomes 8th State to complete ease of doing business reforms

• Kerala has become the 8th State in the country to successfully undertake “Ease of Doing Business” reform stipulated by the Department of Expenditure, Ministry of Finance. Kerala has become eligible to mobilise additional financial resources of Rs.2,373 crore through Open Market Borrowings. Permission for the same was issued by the Department of Expenditure on 12th January 2021.

• Kerala has now joined the seven other States namely, Andhra Pradesh, Karnataka, Madhya Pradesh, Odisha, Rajasthan, Tamil Nadu and Telangana, who have completed this reform. On completion of reforms facilitating ease of doing business, these eight States have been granted additional borrowing permission of Rs.23,149 crore.

SCIENCE AND TECHNOLOGY

DRDO develops India’s first Indigenously-Developed 9mm Machine Pistol

• India’s first indigenous 9mm Machine Pistol has been jointly developed by DRDO and Indian Army. Infantry School, Mhow and DRDO’s Armament Research & Development Establishment (ARDE), Pune have designed and developed this weapon using their respective expertise in the complementary areas. The weapon has been developed in a record time of four months. The weapon is aptly named “Asmi” meaning “Pride”, “Self-Respect” & “Hard Work”.

• The Machine Pistol fires the in-service 9mm ammunition and sports an upper receiver made from aircraft-grade Aluminium and lower receiver from carbon fibre.

• The 3D Printing process has been used in designing and prototyping of various parts including trigger components made by metal 3D printing.

• The weapon has huge potential in Armed forces as a personal weapon for heavy weapon detachments, commanders, tank and aircraft crews, drivers/dispatch riders, radio/radar operators, Closed Quarter Battle, counter-insurgency and counter-terrorism operations etc.

• This is also likely to find huge employability with the central and state police organizations as well as VIP protection duties and Policing.

• The Machine Pistol is likely to have a production cost under rupees 50000 each and has potential for exports.

APPOINTMENTS AND RESIGNATIONS

Intel appoints Pat Gelsinger as new CEO

• Intel has appointed Pat Gelsinger as its new Chief Executive Officer, effective Feb. 15, 2021. Gelsinger will also join the Intel board of directors upon assuming the role. He will succeed Bob Swan, who will remain CEO until Feb. 15.

• Gelsinger is an industry veteran with more than four decades of technology and leadership experience, including 30 years at Intel where he began his career.

• Pat is a proven technology leader with a distinguished track record of innovation, talent development, and deep knowledge of Intel.

• He will continue a values-based cultural leadership approach with a hyper-focus on operational execution.

IMPORTANT DAYS

IFFI 2021 to celebrate the work of legendary filmmaker Satyajit Ray

• The 51st International Film Festival of India (IFFI) will be celebrating the work of legendary filmmaker Satyajit Ray by screening five of his classics. As part of the tribute, the festival will showcase Ray's acclaimed "Pather Panchali", the first film of his The Apu Trilogy, 1964 romantic drama "Charulata", "Sonar Kella", his 1977 Hindi directorial debut "Shatranj Ke Khilari" and "Ghare Baire" (1984).

• 12 films for Festival Kaleidoscope & 50 films for World Panorama section were unveiled too.

SUMMITS AND MOU’S

India and Japan inks MoU to enhance cooperation in ICT

• India and Japan have signed an MoU to enhance cooperation in the field of Information and Communications Technologies (ICT) via videoconferencing. The MoU was signed between Union Minister for Communications, Electronics and IT Ravi Shankar Prasad and the Japanese Minister for Internal Affairs and Communications Takeda Ryota.

• Both countries will enhance mutual cooperation in the field of 5G technologies, telecom security, submarine optical fibre cable system to islands of India, spectrum management, smart cities, high altitude platform for broadband in unconnected areas, disaster management and public safety etc.

INTERNATIONAL

Sadyr Japarov wins the presidential election in Kyrgyzstan

• The frontrunner in Kyrgyzstan’s presidential election, Sadyr Japarov, has won by a landslide. According to the Central Election Commission, Mr Japarov had won 79% of votes cast. Mr Japarov, who served time in jail for taking a rival hostage, will also have sweeping new presidential powers after voters by a similar margin opted to amend the constitution in a referendum.

• Kyrgyzstan has been in crisis since parliamentary elections last October. The results of those elections were disputed, leading to protests and the resignation of then-President Sooronbay Jeenbekov.

NATIONAL

Haryana CM inaugurates country's first air taxi service

• Haryana CM Manohar Lal Khattar on Thursday inaugurated air taxi services from Chandigarh to Hisar from Chandigarh Airport under Centre's UDAN scheme

• "For the first time in the country, a small aircraft in the form of air taxi is being used for services,".

• "In 2nd phase, services for Hisar to Dehradun will be started on 18 January. In the 3rd phase, two more routes from Chandigarh to Dehradun and Hisar to Dharamshala will be added on 23 January. The company also plans to include Shimla, Kullu and more Haryana routes.

NITI Aayog and Flipkart collaborate to enhance WEP

• NITI Aayog and Flipkart, have come together to launch the revamped Women Entrepreneurship Platform. The Women Entrepreneurship Platform (WEP) is a unified access portal which brings together women from different parts of India to realise their entrepreneurial aspirations.

• The idea of the platform was first mooted by Amitabh Kant, CEO, NITI Aayog who announced the setting-up of a Women Entrepreneurship Platform in NITI Aayog at the conclusion of the 8th Global Entrepreneurship Summit (GES) held in Hyderabad in 2017, with an overarching theme of ‘Women first, prosperity for all’.

• The revamped version shall also include an additional feature to offer mentorship to the women mentees with specific knowledge concerning a problem area through a dedicated online mechanism facilitated under FICCI-FLO’s Empowering the Greater 50% mission.

• Women entrepreneurs today face unique obstacles, from a lack of networking opportunities and mentors to the challenge of balancing work and family.

• When women come together or form communities, they are better equipped to tackle challenges that come their way. Shared experiences from mentors and professionals further help.

• ‘Community’ on the WEP platform aims to connect knowledge-seeking women entrepreneurs who have questions or seek clarifications on multiple aspects of setting up new businesses (like registering businesses, GST, funding, effects of the pandemic, etc.), or progressing already established businesses; to knowledge providing women entrepreneurs who have experience in setting up businesses and hence can contribute by solving queries.

Naveen Patnaik inaugurates India’s first ‘Fire Park’ in Bhubaneswar

• The Chief Minister of Odisha, Naveen Patnaik virtually inaugurated a first of its kind ‘Fire Park’, to educate and bring awareness on basic fire safety measures among the people, particularly the students. The ‘Fire Park’ is located inside the premises of the Odisha Fire and Disaster Academy in Bhubaneswar.

• The minister also launched an online portal, ‘AgnishamaSeva’ of Odisha Fire Service. The fire park will facilitate demonstrations on use of first aid fire-fighting equipment, rescue and disaster operations, visit the exhibition hall, screening of films and distribution of leaflets on fire safety.

What’s on the show:

• Demonstrations on use of first aid fire-fighting equipment

• Demo on rescue and disaster operations

• Visit the exhibition hall

• Screening of films and distribution of leaflets on fire safety

• The Fire Park will be opened to the public on every Saturday from 3.30 pm to 5.30 pm

IRDAI sets up panel to examine availability of health insurance products

• Insurance regulator Insurance Regulatory and Development Authority (IRDAI) has set up a panel of experts called ‘Health Insurance Advisory Committee’ to examine the availability of health insurance products in the country, considering the need of the Indian society and recommend suitable products and processes. The expert committee will be headed by IRDAI Chairperson, Subhash Chandra Khuntia and will have a Member (Non-Life) as the vice-chairperson. The committee, which has a term of one year.

• Nachiket Mor (Visiting Scientist, Banyan Academy of Leadership in Mental Health),

• A K Chand (Professor and Neurosurgeon, Bangalore),

• B K Mohanti (Former Professor and Oncologist, AIIMS),

• K Hari Prasad (Anaesthetist, Hyderabad), and Pankaj Sharma (IRDAI).

APPOINTMENTS AND RESIGNATIONS

Dushyant Dave resigns as SC Bar Association (SCBA) President

• Supreme Court Bar Association (SCBA) president, Dushyant Dave has resigned from his post with immediate effect, he has forfeited his right to continue. Acting SCBA Secretary Rohit Panday confirmed the development that the senior advocate has resigned with immediate effect.

• The SCBA is an Indian bar association, comprising the practising lawyers of the Supreme Court of India.

• The SCBA has been in the vanguard of the movement for upholding, maintaining and consolidation of the constitutional values of democracy, rule of law and independence of Judiciary. In its meeting dated 4th May 1951.

• The Committee in its resolution observed that no attempt should be made to abridge or limit the Fundamental Rights.

• The Committee further pointed out that the Constitution was in operation only for a short period of sixteen months and the Supreme Court had no occasion to pronounce on the validity of various State laws.

IMPORTANT DAYS

Indian Army Day: 15 January

• The Army Day in India is celebrated on 15 January every year, to salute the valiant soldiers who sacrificed their lives to protect the country and its citizens. This year marks the 73rd Indian Army Day. The Army Day is celebrated at all Army Command headquarters to honour our country’s soldiers who set the greatest example of selfless service and brotherhood, and above all, love for the country.

• The day is marked to commemorate the day when General (later Field Marshal) KM Carriappa took over the command of Army from General Sir FRR Bucher, the last British Commander-in-Chief in 1949 and became the first Commander-in-Chief of Indian Army post Independence.

• The Indian Army is one of the most powerful militaries of the world, competing with superpowers like the US, Russia and China. The motto of the Indian Army is ‘service before self’ and its mission is to ensure national security and national unity, defend the nation from external aggression and internal threats, and maintain peace and security within its borders. Salute to the brave soldiers, who risk and sacrifice their lives to protect us. Even the Prime Minister of India Lal Bahadur Shastri in 1965 had given the slogan like “Jai Jawan Jai Kisan”.

AWARDS AND RECOGNITION

AIIMS Bhubaneswar receives Kayakalp Award for 3rd time

• The All India Institutes of Medical Sciences (AIIMS) in Bhubaneswar has proved its mettle once again for promoting cleanliness, hygiene and creating sustainable practices in public health facilities by winning the Kayakalp Award Scheme. AIIMS Bhubaneswar will get an award of Rs 2 crore for the performance.

• The institute has been adjudged as the best central government hospital under B category for cleanliness for a third consecutive year. It had earlier received the award in 2018 as well as in 2019 for becoming second cleanest hospital in the country among category B hospitals (less than 1000 beds) and received Rs one crore as prize money.

RANKING

India ranks 4th in ‘Break Out Economies’

• Rapidly digitalising India was ranked 4th in “Break Out Economies” in the third edition of the Digital Evolution Scorecard developed by Tufts University’s Fletcher School in partnership with Mastercard. China which leads the countries in the “Break Out Economies” group is more evolved digitally due mainly to its combination of rapidly growing demand and innovation.

• Third rank Indonesia, and India, which ranks number four in momentum, have displayed increasing digital momentum suggesting the potential to rapidly digitalise for both post-COVID economic recovery and longer-term transformation.

•  “Break Out Economies” are those that are digitalising very quickly and yet have a lot of room to grow before matching those in the developed economies, such as those in Europe and in more developed Asian countries like Singapore, South Korea, and Hong Kong.

• The objective of the study was to help governments, businesses and investors understand what they need to emerge ahead of the competition.

• To do this, the researchers analysed 90 economies based on a combination of 160 indicators across four supply key drivers: Supply Conditions, Demand Conditions, Institutional Environment, and Innovation and Change.

• A combination of proprietary and public data from more than 45 different databases, as well as analyses conducted by the Fletcher School’s Digital Planet team, was used to explore key questions across the core subject areas.

BANKING AND ECONOMY

Tesla sets up India subsidiary in Bengaluru

• Elon Musk-owned electric vehicle (EV) company Tesla has registered a fully-owned subsidiary in Bengaluru, Karnataka. Tesla, the world’s most valued carmaker has incorporated a fully owned subsidiary ahead as a first step to set up an R&D unit and a manufacturing plant for its electric vehicles in the country.

• Tesla’s global senior director David Jon Feinstein, chief accounting officer Vaibhav Taneja and Bengaluru-based entrepreneur Venkatrangam Sreeram are on the board of the India unit, Tesla India Motors and Energy Pvt Ltd. The office, situated on Lavelle Road in Bengaluru, is registered with a total paid-up capital of Rs 1,00,000 and authorised share capital of Rs 15 lakh.

INTERNATIONAL

Bharat Biotech inks pact with Precisa Med to supply Covaxin to Brazil

• Bharat Biotech has announced that it has signed an agreement with Precisa Medicamentos for the supply of its indigenously manufactured C-19 vaccine ‘Covaxin’ to Brazil. The supplies of Covaxin will be prioritized for the public market, through direct procurement by Brazil government.

• A team from Precisa Medicamentos had visited the Bharat Biotech facility in Genome Valley near here last week to discuss export of COVAXIN, India’s first indigenous vaccine for C-19.

NATIONAL

Suriname’s Indian-origin President to be Republic Day chief guest

• President of the Republic of Suriname, Chandrikapersad Santokhi, will be the chief guest at India’s Republic Day parade on January 26. India had initially invited Boris Johnson to be the chief guest but the British PM had to cancel his visit in view of the grim coronavirus situation back home.

• Earlier this week, Santokhi was the chief guest at the Pravasi Bharatiya Divas Convention, held by the Ministry of External Affairs and he delivered the keynote address. He was sworn in as the president of Suriname in July 2020, when his party, the Progressive Reform Party, won 20 of the 51 seats in the elections.

Manipur: CM Biren Singh virtually inaugurated Cherry Blossom Festival

• The 4th edition of the Cherry Blossom Festival, Mao in Manipur was virtually inaugurated by Chief Minister N Biren Singh. However this year, the authority decided to scale down the festival due to the COVID-19 pandemic. The Festival featured the picturesque landscape of Mao adorned with beautiful cherry trees laden with blooming flowers which have traditionally attracted visitors from across the world.

• Manipur has been celebrating the festival every year since 2017.

• The festival which featured the picturesque landscape of Mao town adorned with beautiful Cherry Blossom flowers was streamed live from 2 pm on various social media platforms.

• The Mao area of Senapati district in Manipur is known for Cherry Blossom, a plant which is popularly known as Sakura in Japan.

First ever Ice climbing festival celebrated in Nubra valley

• In Leh, the first-ever Ice climbing festival was celebrated in Nubra valley. The Seven Day event was organized by Nubra Adventure Club. Ice climbing is a popular winter sport abroad. To promote winter tourism in Nubra valley, Nubra Adventure Club, with the help of Social activist Dr Nordan Otzer, has organized the Seven Day Ice Climbing Festival. Trainer Rigzin Tsewang said that Nubra has the potential to be the ice climbing capital in the Himalayas.

• 18 participants across Nubra valley including 4 women have taken part in Ice climbing. All were trained in basic ice climbing skills during the festival at three locations, Pudong Cake at Panamik, Artificial Glacier at Ayee Village and first ascent at ” Nubra Adventure Club Crag” located near Warshi Village. Three trainers Rigzin tsewang, Tsewang Namgyal and Kran Kowshik imparted ice climbing skills. Participants were awarded certificates as well.

OBITUARY

Social Activist and Padma Shri Awardee D Prakash Rao passes away

• Noted social activist and Padma Shri winner, D Prakash Rao has passed away. He was basically a tea seller based in Cuttack, who spent his entire earning to educate slum children, through the school ‘Asha O Ashwasana’, which he started in 2000.

• He was conferred with the prestigious Padma Shri award in 2019 for his contribution towards boosting the value of education among slum kids in Cuttack. Apart from this, Rao was also a well-known blood donor.

Indian American writer Ved Mehta passes away

• Indian American writer Ved Mehta passed away. The Indian-American novelist overcame blindness & was widely known as the 20th-century writer most responsible for introducing American readers to India.

• Ved Mehta, a longtime writer for The New Yorker whose best-known work, spanning a dozen volumes, explored the vast, turbulent history of modern India through the intimate lens of his own autobiography.

IMPORTANT DAYS

Armed Forces Veterans Day: 14 January

• In India, the Armed Forces Veterans Day is observed each year on 14 January since 2017 to acknowledge and honour the selfless devotion and sacrifice of our veterans in the service of the nation. The day was initially called Armistice Day. 2021 marks the 5th Armed Forces Veterans Day.

• The day is observed as a mark of respect and recognition of the services rendered by Field Marshal KM Cariappa OBE, the first Indian Commander-in-Chief of the Indian Armed Forces who retired on 14 January 1953.

SUMMITS AND MOU’S

Dr Ajay Kumar co-chairs 13th India-Vietnam Defence Security Dialogue

• The 13th India-Vietnam Defence Security Dialogue was held in a virtual format. The virtual event was co-chaired by Defence Secretary Dr Ajay Kumar along with Vietnamese Sr Lt Gen Nguyen Chi Vinh, Deputy Defence Minister, Socialist Republic of Vietnam.

• Defence Secretary and the Deputy Defence Minister expressed satisfaction at the ongoing defence cooperation between the two countries in spite of the limitations imposed by COVID 19.

• Both countries exchanged views on the plan of action from the recently concluded Virtual Summit between Prime Minister Shri Narendra Modi and Prime Minister of the Socialist Republic of Vietnam H.E. Nguyen Xuan Phuc in December 2020.

• Both the sides reviewed the progress on various bilateral defence cooperation initiatives and expressed commitment to further elevate engagements between the Armed Forces under the framework of the Comprehensive Strategic Partnership.

• Both sides agreed that in the recent past our respective countries have made notable strides in Defence Industry and Technology cooperation and look forward to even greater cooperation in this field.

BOOKS AND AUTHORS

Manipur Guv released book “Making of a General A Himalayan Echo”

• Manipur Governor, Dr Najma Heptulla has virtually released a book titled “Making of a General-A Himalayan Echo” authored by (Retd) Lt General Konsam Himalaya Singh at Durbar Hall, Raj Bhavan, Imphal. The book elegantly summons the essence and imperatives of superior command of one of the most formidable forces in the world.

• The book is the memoir of Lt Gen (Dr) Konsam Himalay Singh who has traced his journey from a small village in Manipur to becoming the first person from North East India to hold the rank of a Three-Star General of the Indian Army.

• The book has also highlighted about Manipur, the “Land of Emeralds”.

BANKING AND ECONOMY

RBI forms six-member working group to regulate digital lending frauds

• The Reserve Bank of India (RBI) has set up a working group to study digital lending activities of the regulated and unregulated players, due to the growing instances of frauds in digital lending space. The group will suggest steps to regulate digital lending including online lending platform and mobile lending. The group will evaluate digital lending activities and assess the penetration and standards of outsourced digital lending activities in RBI regulated entities.

The six-member panel comprises of following four RBI internal and two external members:

1. Jayant Kumar Dash, Executive Director, RBI (Chairman)

2. Ajay Kumar Choudhary, Chief General Manager-in-Charge, Department of Supervision (Member)

3. P Vasudevan, Chief General Manager, Department of Payment and Settlement Systems, RBI (Member)

4. Manoranjan Mishra, Chief General Manager, Department of Regulation (Member Secretary)

5. Vikram Mehta, Co-founder, Monexo Fintech (External Member)

6. Rahul Sasi, Cyber Security Expert & Founder of CloudSEK (External Member)

First time in history, Union Budget 2021 to be paperless

• Union Budget 2021, slated to be presented on February 1, is going to be completely paperless in the wake of the ongoing coronavirus pandemic. This will be the first time since independence that the budget papers will not be printed. The Centre has received permission for the same from both houses of parliament. The decision has been taken as several people (approximately 100) would be required to stay at the printing press for around a fortnight amid the COVID-19 fear.

• The budget papers are usually printed at the ministry’s in-house printing press in the North Block. This year’s budget may reportedly witness several conventions being broken as the traditional ‘Halwa’ ceremony, which is a given every year is also not likely to take place, or a low-key function may be held with limited gathering in attendance.

India’s retail inflation drops to 4.59 % in December

• India’s retail inflation fell sharply to 4.59 per cent in December, mainly due to declining food prices, government data showed. Retail inflation based on the Consumer Price Index (CPI) was 6.93 per cent in November.

• Food inflation declined to 3.41 per cent in December in 2020, compared to 9.5 per cent in the previous month, according to the data released by the Ministry of Statistics and Programme Implementation. The Reserve Bank of India (RBI) factors in retail inflation while arriving at its monetary policy.

INTERNATIONAL

France hosts 4th One Planet Summit

• The Government of France organised the fourth ‘One Planet Summit’, through videoconferencing, which aimed at protecting the world’s biodiversity. The Summit was organised in cooperation with the United Nations and the World Bank. The theme of the Summit was “Let’s act together for nature!”

• It was inaugurated by the Secretary-General of the United Nations António Guterres, French President Emmanuel Macron, and President of the World Bank Group David Malpass.

The Summit focused on biodiversity preservation through:

• The protection of terrestrial and marine ecosystems,

• The promotion of agroecology,

• The mobilization of funding for biodiversity, and

• The link between deforestation, species and human health.

NATIONAL

Nitin Gadkari to launch “Khadi Prakritik Paint” developed by KVIC

• Union Road Transport and Highways Minister Nitin Gadkari will be launching an innovative new paint developed by Khadi and Village Industries Commission. The eco-friendly, non-toxic paint, called “Khadi Prakritik Paint” is a first-of-its-kind product, with anti-fungal, anti-bacterial properties.

• Based on cow dung as its main ingredient, the paint is cost-effective and odourless and has been certified by the Bureau of Indian Standards.

• Khadi Prakritik Paint is available in two forms - distemper paint and plastic emulsion paint.

• Production of Khadi Prakritik Paint is aligned with Prime Minister’s vision of increasing farmers’ income.

RS Sharma to head empowered panel for Covid-19 vaccine

• The Union government has appointed RS Sharma, former Trai chief, as the chairperson of an empowered committee for the administration of Covid-19 vaccine. A ten-member team has been constituted to be headed by Sharma. This has come days ahead of the mega vaccination drive is to start in India. He has also been included as a member of the National Expert Group on Vaccine Administration of Covid-19 that was formed in August 2020.

• RS Sharma was the first person to officially initiate a discussion on vaccination delivery in the government in the summer of 2020 when Covid-19 cases peaked.

• The top health ministry and UIDAI officials are part of the empowered committee.

• The panel can invite eminent persons as and when required to ensure delivery of the vaccine through the Co-Win technology platform.

Coastal defence exercise “Sea Vigil 21” kicks off

• A major exercise to test military readiness at sea along the coastline of the country starts. This is the second edition of the biennial pan-India coastal defence exercise “Sea Vigil-21” will be conducted on January 12 and 13. The two-day exercise involving all stakeholders, states and Central government agencies will set the tempo of operations, including “transition from peace to conflict”.

• The exercise is a build-up towards the next step and level exercise called “Tropex” (Theatre-level Readiness Operational Exercise), which is expected to be conducted at month-end or early February. Ministries of Defence, Home Affairs, Shipping, Petroleum and Natural Gas, Fisheries and Customs, state governments and other agencies of Centre and state are coordinating.

• The exercise, inaugural edition of which was conducted in January 2019, will be undertaken along the entire 7,516-km coastline and Exclusive Economic Zone of India.

• It will involve all 13 coastal states and Union Territories along with other maritime stakeholders, including the fishing and coastal communities.

• Exercise ‘Sea Vigil-21’ is expected to provide a realistic assessment of our strengths and weaknesses and thus will help in further strengthening maritime and national security. The exercise is being coordinated by the Indian Navy.

• The entire coastal security set up was re-organised after the 26/11 terror attack at Mumbai which was launched using the sea route.

• Assets of the Indian Navy, Coast Guard, Customs and other maritime agencies will participate in the exercise.

SPORTS

Oldest living Olympic champion Agnes Keleti turns 100

• The oldest surviving Olympic champion, Ágnes Keleti, celebrates her 100th birthday. She is one of her country’s most successful Olympians, having won 10 medals for Hungary in gymnastics, at the Olympic Games Helsinki 1952 and Melbourne 1956. Her haul included five golds.

• Keleti won the floor event in Finland before producing an astonishing display in Australia, winning four golds – in the uneven bars, balance beam, floor, and team event. At 35, she became the oldest female gymnast to win an Olympic title.

Dhaka Marathon 2021: Jigmet Dolma from Ladakh wins 4th position

• Jigmet Dolma from India secured the fourth position in the Dhaka Marathon 2021. Jigmet Dolma is an SPO of Ladakh police. In the marathon, Hicham Lakohi of Morocco came first in the elite competition of the marathon in men’s category while Angela Jim Asunde from Kenya won the women’s category in the same event.  In the full marathon, among the SAARC and local runners, Bahadur Singh of India became the champion in the men’s category and Pushpa Bhandari of Nepal became the champion in the women’s category.

• The marathon was organized to commemorate the return of Bangabandhu Sheikh Mujibur Rahman from Pakistan jail to Bangladesh in 1972. The full marathon covered 42.19 kilometres while the half marathon covered 21.09 kilometres. Athletes from all over the world including India, Morocco, Kenya, France, Nepal, Ethiopia among others participated in various categories of the event. Home Minister of Bangladesh Asaduzzaman Khan inaugurated the event at Dhaka Army Stadium.

OBITUARY

Pulitzer Prize-winning author & journalist Neil Sheehan passes away

• Pulitzer Prize-winning author & journalist Neil Sheehan passed away. He covered the Vietnam War for United Press International and the Times from 1962 to 1966.

• He won a Pulitzer Prize and a National Book Award in 1989 for “A Bright Shining Lie: John Paul Vann and America in Vietnam.”

RANKING

India Ranks 85 in Henley Passport Index 2021

• The Henley Passport Index 2021 has been released by Henley & Partners, based on the exclusive data from the International Air Transport Association (IATA). As per the latest report, India has been ranked 85th among 110 countries, in the Henley Passport Index for 2021, with a visa-free score of 58. The index presents the original ranking of the world’s most powerful passports, according to the number of destinations their holders can access without a prior visa.

• Japan has once again topped the list of being the most powerful passport in the world, for the third consecutive year. Japanese citizens can travel to as many as 191 countries visa-free. Singapore is in second place (190) and South Korea ties with Germany in third place (189). Syria, Iraq and Afghanistan are the countries with the worst passport, with a passport score of 29, 28 and 26 respectively.

BOOKS AND AUTHORS

A book titled “The Population Myth: Islam, Family Planning and Politics in India” by Ex-CEC

• Former chief election commissioner (CEC) S Y Quraishi has come out with his book titled “The Population Myth: Islam, Family Planning and Politics in India”. The book will hit the stands on February 15, 2021. It has been published by HarperCollins India.

• The book evaluates India’s demographics from a religious perspective and seeks to demolish two basic myths that ‘Islam is against family planning’ and ”Muslim rate of growth” is linked to capture political power.

• The book is a detailed analysis of the ‘Muslim rate of growth’ in the light of population data and national and international reports.

• The book examines the crucial and urgent question of the politicisation of demography in India.

• Quraishi, who was CEC from July 30, 2010, to June 10, 2012, introduced a number of electoral reforms, such as the creation of a voter education division, expenditure monitoring division, the India International Institute of Democracy and Election Management, and launched the National Voters Day.

BANKING AND ECONOMY

RBI cancels the licence of Vasantdada Nagari Sahakari Bank

• The Reserve Bank of India (RBI) has cancelled the licence of Maharashtra-based Vasantdada Nagari Sahakari Bank, with immediate effect. Vasantdada Nagari Sahakari Bank Ltd will now not be allowed to conduct the business of ‘banking’, including acceptance of deposits and repayment of deposits, with effect from the close of business on January 11, 2021.

• RBI has requested the Commissioner for Cooperation and Registrar of Cooperative Societies (RCS), Maharashtra to issue an order for winding up the bank and appoint a liquidator for the bank.

• The Bank has failed to comply with the requirements of Section 11(1) read with Section 56 of BR Act and thus would be unable to pay its present depositors in full in its current financial position.

• With the cancellation of licence and commencement of liquidation proceedings, the process of paying the depositors of Vasantdada Nagari Sahakari Bank Ltd., Osmanabad, Maharashtra as per the DICGC Act, 1961 will be set in motion. Every depositor is entitled to repayment of his/her deposits up to Rs 5,00,000 from the DICGC. More than 99% of the depositors of the bank will get full repayment of their deposits from DICGC.