Ilovepdf Merged

Crack Grade B 1
CURRENT AFFAIRS
(21st-30th September, 2024)
ESI, Finance & Business News
LIC MUTUAL FUND TO REDUCE MINIMUM SIP LIMIT TO ₹100/DAY

• Why in the news: LIC Mutual Fund will launch daily
systematic investment plans (SIPs) of ₹100.
o Current Limit: ₹300
S&P GLOBAL RETAINS INDIA’S GDP FORECAST AT 6.8%: REPORT

• Why in the news: S&P Global has retained India’s economic growth at 6.8 per cent for
FY25, measured in terms of change in Gross Domestic Products (GDP).
• Report title: Economic Outlook Asia-Pacific Q4 2024
• Released by: S&P Global
• The agency has projected growth at 6.9% for fiscal year 2025-26 and 7% for fiscal years
2026-27 and 2027-28.
NHPC PAYS FINAL DIVIDEND OF RS 338.5 CR TO CENTRE FOR FY24

• Why in the news: State-owned hydro power giant NHPC has paid a final dividend of Rs
338.51 crore to the Government of India for 2023-24.
• In addition, an interim dividend of Rs 947.82 crore for 2023-24 was paid on March 5,
2024, aggregating a total dividend of Rs 1,286.33 crore for the entire fiscal year.
ADB RETAINS INDIA'S GROWTH FORECAST AT 7%

• Why in the news: The Asian Development Bank (ADB) retained its projection on India’s
GDP growth for the current financial year at 7% and for 2025-26 at 7.2%.
• Projection: The economy is expected to accelerate in the coming quarters on improved farm
output, and higher Government spending.
CDSL ANNOUNCES UNIFORM TARIFF OF RS 3.50 PER TRANSACTION EFFECTIVE

OCTOBER 1ST
• Why in the news: Central Depository Services (India) Limited (CDSL) introduced a
uniform tariff of Rs 3.50 per debit transaction.
• Effective from: October 1, 2024
• Aim: To streamline transaction costs for investors who rely on CDSL for their depository
needs.
• CDSL also announced that certain discounts will remain applicable.
o Female demat account holders (sole or first holders)/ Mutual Fund / Bond
ISINs (International Securities Identification Numbers): Discount of Rs 0.25 per
debit transaction
www.crackgradeb.com | [email protected] | 9310558455

Crack Grade B 2
• Note: The transaction costs by a depository like CDSL are fees that are charged when
shares are sold from a demat account.
NEW UPI AUTOPAY RULE

• Why in the news: The National Payments Corporation of India (NPCI) has changed the UPI
Autopay framework, with the immediate effect.
• New Rule:
o Auto-replenishment of NETC FASTag and RuPay National Common Mobility
Card (NCMC) will no longer require the standard 24-hour pre-debit notification.
o UPI members are instructed to remove the Pre-Debit Notification (PDN)
validation for UPI Autopay executions related to these specific Merchant Category
Codes (MCCs).
o The new system allows for auto-replenishment when the balance falls below a
threshold set by the customer, enhancing flexibility for users.
o This change is expected to significantly improve the user experience for FASTag
and RuPay NCMC users.
MOODY’S UPGRADES INDIA’S ECONOMIC GROWTH FORECAST TO 7.1% FOR CY

2024
• Why in the news: Moody's has revised its calendar year (CY) 2024 growth forecast for India
to 7.1% (Earlier estimate: 6.8%).
• Reason: It is expecting to growth in the Asia-Pacific region to outpace the global economy.
• It kept its India growth forecast for CY 2025 unchanged at 6.5%.
UBS GROUP BUYS HDFC BANK'S SHARES FOR ₹543 CRORE

• Why in the news: Swiss financial services company UBS Group bought shares of private
sector lender HDFC Bank for over ₹543 crore through an open market transaction.
• UBS Group's arm UBS Principal Capital Asia purchased 30.72 lakh shares of Mumbai-
based HDFC Bank.
US, SINGAPORE LEAD FPI FLOWS INTO INDIA IN CY24

• Why in the news: The bulk of net inflows from foreign portfolio
investors (FPIs) into India in 2024 has come from the US and
Singapore.
• The two countries have contributed nearly ₹2 lakh crore, in terms of
net investment in CY24, with flows from the former totalling ₹1.24 lakh
crore and the latter funnelling in ₹73,768 crore.
• The figures include net investments in equity, debt and hybrid
instruments, and flows from top 10 regions from January to August
2024.
OECD REVISES INDIA’S FY25 GROWTH FORECAST UPWARD TO

6.7%

Crack Grade B 3
• Why in the news: According to

the Organisation for Economic
Co-operation and Development
(OECD)'s Interim Economic
Outlook, Indian economy will
likely log faster growth at 6.7
percent in FY25 compared with
6.6 percent projected earlier.
ZOHO LAUNCHES ONDC SELLER APP VIKRA

• Why in the news: Zoho, a global technology company, launched Vikra, a seller app on the
Open Network for Digital Commerce (ONDC) network, and Zoho IoT, a user-friendly and
scalable low-code platform enabling businesses to build and deploy custom IoT solutions.
8 OF TOP-10 MOST VALUED FIRMS SURGES ₹1.21 LAKH CR

• Why in the news: As of September 29, 2024, the combined market valuation of eight of the
top-10 most valued firms surged ₹1,21,270.83 crore last week.
• Biggest Gainer: Reliance Industries
• Top 10 most valued firms: Reliance Industries (highest ranking), followed by TCS, HDFC
Bank, Bharti Airtel, ICICI Bank, Infosys, State Bank of India, Hindustan Unilever, ITC and
LIC.
NSE, BSE REVISE TRANSACTION FEES EFFECTIVE FROM OCTOBER 1

• Why in the news: Bombay Stock Exchange (BSE) and National Stock Exchange (NSE)
revised the transaction fees, following a Securities and Exchange Board of India (Sebi)
circular issued on July 1, 2024.
• Effective from: 1st October 2024
NSE revised the charges
Cash market Rs 2.97 per side per lakh of traded value
Equity futures Rs 1.73 per side per lakh of traded value
Equity options Rs 35.03 per side per lakh of premium value
BSE revised the charges
Sensex and Bankex options Transaction fee of Rs 3,250 per crore of premium
turnover value
Stock options and Sensex 50 options Transaction fee of Rs 500 per crore of premium
turnover value
Index futures and stock futures Remain nil at BSE
CREDIT CARD SPENDING GROWTH DECLINES ON RBI GAZE, STRESS BUILD-UP

Crack Grade B 4
• Why in the news: Credit card spends have further

slowed down to 16.6 per cent in the current
financial year (FY25), according to data compiled
by Macquarie Research.
• Reason: RBI has tightened the unsecured
lending norms and rising delinquencies, and
increased stress in the portfolio.
PMI MANUFACTURING FELL TO 56.5 IN SEPTEMBER

• Why in the news: According to the survey result by S&P Global, Manufacturing
Purchasing Managers’ Index (PMI) fell to 56.5 in September as against 57.5 in August
2024.
• Manufacturing PMI is based on response of purchasing managers of 400 companies.
o Index above 50 shows expansion, while 50 means contraction.
CENTRE PROPOSES 2022-23 AS NEW BASE YEAR FOR GDP COMPUTATION

• Why in the news: The Statistics Ministry is
likely to publish economic growth data,
measured in terms of GDP (Gross Domestic
Product) with new base year of 2022-23 in
February 2026, informed by a senior
Government official.
• Note:
o Last base year revision for GDP was
done in 2015, when it was changed to
2011-12 from 2004-05.
o Similarly base year for CPI revised to 2012 and for IIP to 2011-12.
• MoSPI has proposed 2022-23 as the new base year for consideration of the Advisory
Committee on National Account Statistics (ACNAS).
• The 26-member ACNAS, under the chairmanship of Prof Biswanath Goldar.
INDIA’S CORE SECTOR OUTPUT DROPS BY 1.8% IN AUGUST 2024

• Why in the news: The combined Index of Eight Core Industries (ICI) declined by 1.8 per
cent (provisional) in August, 2024 as compared to the Index in August, 2023.
• Performance of Eight Core Industries in August 2024 (Provisional): 155.8 (Overall Index)
• Base year: 2011-12
• Index of Eight Core Industries:
o Coal (weight: 10.33 per cent)
o Crude Oil (weight: 8.98 per cent)
o Natural Gas (weight: 6.88 per cent)

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o Petroleum Refinery Products (weight: 28.04 per cent)

o Fertilizers (weight: 2.63 per cent)
o Steel (weight: 17.92 per cent)
o Cement (weight: 5.37 per cent)
o Electricity (weight: 19.85 per cent)
SMALL SAVINGS RATES UNCHANGED FOR OCT-DEC QUARTER: PPF GIVES 7.1 %
INTEREST
• Why in the news: The Finance Ministry kept interest rates of small saving schemes
unchanged for the October-December 2024 quarter.
Interest Rate of Small Saving Schemes (October – December 2024)
Small Saving Schemes Interest Rate (p.a.)
Sukanya Samriddhi scheme 8.2 per cent
Public Provident Fund (PPF) 7.1 per cent
Senior Citizen Savings Scheme (SCSS) 8.2 per cent
Kisan Vikas Patra 7.5 per cent, with investments maturing in 115
months
National Savings Certificate (NSC) 7.7 per cent
Mahila Samman Savings Certificate 7.5 per cent
Post Office Monthly Income Scheme (PO-MIS) 7.4 per cent
5-Year Recurring Deposit (RD) 6.7 per cent
Regulatory Bodies News

SEBI MULLS ALLOWING ONLY ELECTRONIC MODE FOR PAYMENT OF DIVIDEND,
INTEREST
• Why in the news: Markets regulator SEBI has proposed that listed entities should make
all payments through electronic mode only.
o All payments include dividends, interests and redemptions.
• Reason: To streamline the payment processes and enhance security, convenience and
efficiency for all investors.
• Current Status:
o Sebi's LODR (Listing Obligations and Disclosure Requirements) rules allows
electronic payments, but permits cheques or warrants if electronic transfers fail,
especially for amounts over Rs 1,500.
o Failures occur when a security holder's bank details are incorrect or unavailable,
requiring companies to send cheques.
SEBI ALLOWS MUTUAL FUNDS TO BUY, SELL CREDIT DEFAULT SWAPS

• Why in the news: SEBI (Markets regulator) allowed mutual funds to both buy and sell
Credit Default Swaps (CDS).
• Aim: To increase liquidity in the corporate bond market
• This flexibility to participate in CDS would serve as an additional investment product for
mutual funds.
• Previously, mutual funds were only permitted to use CDS transactions to buy protection
against the credit risk of corporate bonds they held.
Crack Grade B 6
o These transactions were limited to Fixed Maturity Plan (FMP) schemes with a
duration of more than one year.
SEBI LEVIES ₹1CRORE FINE ON ANMOL AMBANI IN RELIANCE HOME FINANCE

CASE
• Why in the news: The Securities and Exchange Board of India (SEBI) imposed a ₹1 crore
penalty on Jai Anmol Ambani, son of industrialist Anil Ambani.
• Reason: For failing to exercise due diligence in approving General Purpose Corporate Loans
(GPCLs) while serving as a non-executive director of Reliance Home Finance Ltd (RHFL).
• SEBI found violation of SEBI’s Listing Obligations and Disclosure Requirements (LODR).
SEBI STUDY REVEALS INDIVIDUAL TRADERS FACE SEVERE LOSSES IN EQUITY

F&O SEGMENT
• Why in the news: A study conducted by the Securities and Exchange Board of India (SEBI)
has revealed that individual traders continue to incur severe losses in the equity futures
and options (F&O) segment.
• Proprietary traders and Foreign Portfolio Investors have succeeded in booking profits.
• Study period: April 2021 to March 2024
• According to SEBI, the aggregate losses of individual traders exceeded 1.8 lakh crore
rupees over this period.
• While just 7.2 per cent of individual traders managed to register a profit over three
years, a mere one per cent of them could earn profits exceeding one lakh rupees after
adjusting for transaction costs.
• Meanwhile, close to 93 per cent of individual investors incurred an average loss of
around two lakh rupees.
UPI NOW MANDATORY FOR BIDS UP TO ₹5 LAKH IN PUBLIC DEBT ISSUES

• Why in the news: The Securities and Exchange Board of India (SEBI) has directed all retail
investors applying for public issues of debt securities through intermediaries for amounts
up to ₹5 lakh should only use UPI for blocking the required funds.
o Retail investors include: Stock brokers, Syndicate members, Registrars, or
Depository participants.
• Effective from: 1st November 2024
• Aim: To make the process more efficient and align it with the existing process for public
issues of equity shares and convertibles
• Note:
o Other modes such as SCSBs and the stock exchange platform, also available to
apply for a public issue.
o Other recent changes:
▪ Under the amended rules, Sebi reduced the period for seeking public
comments on the draft offer documents from 7 working days to 1 day for
issuers whose specified securities are already listed and 5 days for other
issuers.
▪ Minimum subscription period: 2 working days (earlier, it was 3 days)
▪ Further, in case of revision in the price band or yield, the bidding period
disclosed in the offer documents, can be extended by one working day
instead of three working days.
Crack Grade B 7
BANKS SEE OVER 15% GROWTH IN NEW CREDIT CARD ADDITION: RBI DATA
• Why in the news: According to the Reserve Bank of India (RBI), Indian banks added over
9.2 lakh credit cards in August 2024.
• Total active credit cards: 10.55 crore
• Transaction volumes slowed and spending declined to Rs 1.69 lakh crore.
• RBI has flagged risks in unsecured loans, urging caution among lenders.
• Leading Bank (in terms of credit card): HDFC Bank
SEBI ESTABLISHES FOREIGN PORTFOLIO INVESTOR (FPI) OUTREACH CELL

• Why in the news: The Securities and Exchange Board of India (SEBI) has launched a
dedicated Foreign Portfolio Investor Outreach Cell.
• It is a part of the Alternative Investment Fund and Foreign Portfolio Investors
Department (AFD).
• This cell will focus on direct engagement with Foreign Portfolio Investors (FPIs), and
supporting them in accessing the Indian securities market seamlessly.
INDIA’S CAD WIDENS TO 1.1% OF GDP TO $9.7 BILLION IN Q1FY25: RBI

• Why in the news: According to the Reserve Bank of India (RBI) report, India's current
account deficit (CAD) has been widened marginally by 1.1% of the GDP to $9.7 billion in
the April-June Q1FY25.
• Reason: India's trade gap increased on higher imports and weak exports.
o Note: CAD stood at:
▪ Q1 FY24 quarter: $8.9 billion (1 per cent of GDP)
▪ Q4 FY24 quarter: $4.6 billion (Surplus, 0.5 per cent of GDP)
• Merchandise trade deficit in Q1 2024-25: $65.1 billion (Increase from $56.7 billion in Q1
2023-24)
• Net services receipts in April-June 2024: $39.7 billion (Increase from $35.1 billion in Q1
2023-24)
• Private transfer receipts: Increased to $29.5 billion in Q1 FY2025 from $27.1 billion in the
corresponding quarter of the previous year.
• Net foreign direct investment inflows: Increased to $6.3 billion in the April-June 2024
quarter from $4.7 billion a year-ago
• Net inflows under foreign portfolio investment: Moderated to $0.9 billion from $15.7
billion in the same quarter of last year.
• Net inflows under external commercial borrowings (ECBs) to India: $1.8 billion in Q1
FY25 (Lower than $5.6 billion in the corresponding period a year ago)
• Non-resident deposits (NRI deposits) recorded net inflows of $4 billion, higher than $2.2
billion a year ago.
• What is the current account deficit?
o It is the difference between exports and imports of goods and services.
o It is a key indicator of the country’s external sector.
SEBI BOARD GIVES APPROVAL FOR NEW ASSET CLASS, MF LITE REGULATIONS
• Why in the news: The Securities and Exchange Board of India (Sebi) approved a new
asset class, allowing high-net-worth investors to invest in riskier regulated products.
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• Minimum investment amount: Rs 10 lakh

• This class will give high net worth (HNI) investors exposure to equity derivatives
• Other approvals:
o Liberalized Mutual Funds Lite (MF Lite) framework for passively managed
schemes of mutual funds.
o Rules for a new investment product under mutual funds
▪ The MF Lite framework or light-touch regulations include relaxed
requirements relating to eligibility criteria for sponsors, including net worth,
track record, profitability, the responsibility of trustees, approval process,
and disclosures.
o Rights issue timeline slashed to 23 days
▪ Aim: To enable faster rights issues through the preferential allotment route
▪ Present timeline of: 317 days
▪ New timeline: 23 days
o Expansion of ‘connected person’ under insider trading norms
▪ SEBI expanded the definition of “connected person” and “immediate
relative” under insider trading regulations to facilitate effective investigation
and enforcement against insider trading.
▪ The spouse, child, parent, and sibling of the person have been added
under the definition of ‘relative’.
Banking News
TATA MOTORS PARTNERS WITH ESAF FOR VEHICLE FINANCE
• Why in the news: Tata Motor has tied-up with ESAF Small Finance Bank to provide easy
and flexible vehicle financing options for its customers.
• Key focus: On improving access to financial services, particularly for small commercial
vehicle (SCV) and light commercial vehicle (LCV) buyers
AXIS BANK AND MASTERCARD COLLABORATE TO LAUNCH CREDIT CARD FOR

SMALL BUSINESS OWNERS
• Why in the news: Axis Bank and Mastercard have teamed up to launch MyBiz, a business
credit card tailored for sole proprietors and small business owners.
• The card offers various business and travel benefits, including airport lounge access, travel
insurance, and access to business-related services.
• This collaboration aims to enhance the financial experience of SME owners in India.
BANK OF BARODA LAUNCHES CO-BRANDED TRAVEL DEBIT CARD WITH

EASEMYTRIP
• Why in the news: Bank of Baroda has launched co-branded travel debit card in
collaboration with EaseMyTrip.com.
• Name of card: Bank of Baroda EaseMyTrip co-branded travel debit card
o Note: This first co-branded travel debit card introduced by a public sector bank.
• Minimum order value: No
• Comprehensive air insurance coverage of up to ₹50 lakh.

Crack Grade B 9
UCO BANK LAUNCHED PROJECT PARIVARTAN

• Why in the news: Ashwani Kumar, MD & CEO of UCO Bank, launched “Project
Parivartan”, a major transformation initiative in the existing digital banking facilities
offered by the Bank.
• Key Points include: Collaboration with Fintechs and technology providers, customer
engagement through personalization, analytics-driven campaigns, and the enhancement of
digital journeys for both asset as well as liability products
SBI INSURANCE UNVEILS 'SBIG HEALTH SUPER TOP-UP' POLICY

• Why in the news: SBI General Insurance has launched the ‘SBIG Health Super Top-Up’
policy.
• It is a top-up plan, designed as an economical and affordable option supplementing over
and above the basic health insurance policy.
• Key features:
o Flexible coverage options with sum insured ranging from 5 lakhs to 4 crores
o Long-term policy options up to 3 years
o It also caters to High-Net-Worth Individuals (HNIs) and families seeking
extensive insurance coverage.
o Premiums starting as low as ~3,377 for individuals aged 18-35 years.
NPCI INKS DEAL TO DEVELOP DIGITAL PAYMENTS SYSTEM FOR TRINIDAD AND
TOBAGO
• Why in the news: NPCI International Payments Limited (NIPL) has entered into a strategic
partnership with the Ministry of Digital Transformation (MDT) of Trinidad and Tobago.
• Aim: To develop a real-time payments platform similar to India’s ‘Unified Payments
Interface’ (UPI).
• This collaboration marks a significant milestone, making Trinidad and Tobago the first
Caribbean nation to adopt the globally renowned UPI.
IDFC FIRST BANK ANNOUNCES COMPLETION OF IDFC LTD MERGER

• Why in the news: IDFC First Bank completed its merger with IDFC Limited, effective
October 1, 2024, following necessary approvals.
PNB RAISES ₹5,000 CRORE EQUITY CAPITAL VIA QIP

• Why in the news: Punjab National Bank (PNB) has raised ₹5,000 crore via Qualified
Institutions Placement (QIP).
• The capital raising committee of bank has approved allotment of 48.19 crore equity shares at
an issue price of ₹103.75 per equity share.
• What is QIP?
o QIP or Qualified Institutional Placement is largely a fund raising tool for the
listed companies.
o It is a process which was introduced by SEBI so as to enable the listed companies
to raise finance through the issue of securities to qualified institutional buyers
(QIBs).

Crack Grade B 10
BOI TO LAUNCH 400-DAY TERM DEPOSIT AT 7.30%

• Why in the news: Bank of India (BoI) has launched a 400-day retail term deposit (TD),
offering 7.30 per cent on callable deposits and 7.45 per cent on non-callable deposits.
o Callable term deposits (TDs) can be withdrawn prematurely.
o Non-callable deposits don’t have premature withdrawal option.
• The 400 Days retail TD (of less than ₹3 crore) will be available for resident Indian, non-
resident external (NRE) and non-resident ordinary (NRO) depositors.
• Under non-callable deposits, minimum deposit amount of ₹1 crore.
AXIS BANK LAUNCHES CORPORATE CREDIT CARD SUITE FOR START-UPS

• Why in the news: Axis Bank has unveiled its Corporate Credit Card Suite designed
specifically for start-ups within the New Economy Group (NEG).
• It is designed to streamline various financial processes for start-ups, including travel,
expenses, and vendor payments.
• The suite consists of two distinct cards: the Executive Corporate Credit Card, catering to
founders, and the Purchase Reward Credit Card, focused on expense management.
AXIS BANK EXTENDS RS 1 BILLION LOAN TO MUTHOOT CAPITAL

• Why in the news: Axis Bank has extended a Rs 1 billion loan guarantee to Muthoot
Capital, in partnership with GuarantCo, to promote electric vehicle adoption in rural and
non-metro regions of India.
• Aim: To reduce emissions, enhance air quality, and provide affordable transport solutions
while supporting the development of green infrastructure.
RBI OKAYS AMALGAMATION OF RAJAPUR SAH BANK WITH MALAD SAH BANK
• Why in the news: The Reserve Bank of India (RBI) has sanctioned the scheme of
amalgamation of Mumbai based Rajapur Sahakari Bank with Malad Sahakari Bank Ltd,
Mumbai.
• The Scheme has been sanctioned in exercise of the powers conferred under Sub-Section (4) of
Section 44A read with Section 56 of the Banking Regulation Act, 1949.
National & State News
National
GOVT TO LAUNCH EXPANDED AYUSHMAN BHARAT SCHEME, U-WIN PORTAL IN
OCT 2024
• Why in the news: Union Health Minister J P Nadda informed, the government will formally
launch the expanded Ayushman Bharat-Pradhan Mantri Jan Arogya Yojana (AB-PMJAY)
scheme and the vaccination tracking portal U-Win in October 2024.
• About Ayushman Bharat-Pradhan Mantri Jan Arogya Yojana:
o Launched on: 23rd September, 2018
o Launched by: Prime Minister, Narendra Modi
o Launched at: Ranchi, Jharkhand
o Nodal Agency: National Health Authority

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o Covers: Up to Rs. 5 lakhs per family per year, for secondary and tertiary care
hospitalization
o Post-hospitalization follow-up care up to 15 days
o Note: It is world’s largest government funded healthcare program
o Target: 12 crore families (approximately 55 crore bebeficiaries)
o Achievement of Ayushman Bharat PM-JAY
▪ Coverage: Over 35.4 crore Ayushman cards have been issued, and the
scheme is operational in 33 States and Union Territories.
▪ Gender Equity: 49% of the Ayushman cards have been issued to women.
▪ It has been successfully empanelled 30,529 hospitals across the country,
with 17,063 public and 13,466 private hospitals.
o New feature:
▪ The AB-PMJAY to cover all senior citizens of 70 years and above, without
any income cap.
• About U-WIN:
o Ministry: Ministry of Health and Family Welfare
o Aim: To maintain a permanent digital record of vaccination and medicines
o Beneficiary: Pregnant women and children (up to 6 years of age), and adolescents
(till 18 years age)
o Vaccination can be availed against 12 vaccine preventable diseases
o Note: Up to 10 people can be registered for vaccination using the same mobile
number.
• What is ABHA Number?
o ABHA refers to Ayushman Bharat Health Accounts
o Digit of ABHA number: 14
Tata Steel commissions blast furnace at Kalinganagar unit

• Why in the news: Tata Steel commissioned a new blast furnace (Industrial reactor used to
convert iron ore into molten iron) at Kalinganagar plant in Odisha.
• Capacity: Increase to 8 million tonnes (earlier, it was 3 million tonnes)
• Total investment: ₹27,000 crore
• Note: This is largest blast furnace in India.
• CEO and MD of Tata Steel: T. V. Narendran
INDIA'S THIRD HOME-BUILT 700 MWE NUCLEAR REACTOR ACHIEVES

CRITICALITY
• Why in the news: India's third home-built 700 MWe nuclear power reactor has achieved
criticality and is set to start commercial electricity generation soon.
• This reactor is a part of the Rajasthan Atomic Power Project in Rawatbhata.
• This marks a significant milestone for NPCIL, which currently operates 24 reactors and
has several more under construction.
• Earlier, two 700 MWe PHWRs started commercial operation at Kakrapar Atomic Power
Station (KAPS) in Gujarat.
GOVT PLANS ‘NON-SKIPPABLE’ ANTI-TOBACCO ADS ON OTT

Crack Grade B 12
• Why in the news: The Union Health Ministry has proposed a non-skippable health spot of
not less than 30 seconds and an audio-visual disclaimer of not below 20 seconds on ill-
effects of tobacco to be displayed on OTT platforms as soon as one starts streaming them.
• Any content released on the platforms on or after September 1, 2023, that shows tobacco
use has to carry a prominent static message at the screen’s bottom for the duration
tobacco use is shown.
MINISTRY OF EARTH SCIENCES SUCCESSFULLY CONCLUDES THE SWACHH

SAGAR, SURAKSHIT SAGAR 3.0
• Why in the news: The Ministry of Earth Sciences (MoES) successfully concluded the
Swachh Sagar, Surakshit Sagar 3.0 campaign on September 21st, 2024.
• Aim: To facilitate beach cleanup drives at more than 80 locations across the country’s coasts,
removing more than 60 tons of waste, including plastic, metal, cloth, rubber, and paper and
wood debris.
• This campaign was launched in 2022.
UNITED STATES OF AMERICA RETURNS 297 ANTIQUITIES TO INDIA

• Why in the news: On the occasion of the visit of PM Narendra Modi to the United States, the
US side facilitated the return of 297 antiquities that had been stolen or trafficked from
India.
• In July 2024, the U.S. State Department’s Bureau of Educational and Cultural Affairs,
and the Archaeological Survey of India under Ministry of Culture, Government of India had
signed a Cultural Property Agreement to fulfill the commitments made by President Biden
and Prime Minister Modi to enhance cooperation to protect cultural heritage.
CENTRE ISSUES ADVISORY TO STATES AND UTS TO COMBAT TOBACCO USE

AMONG YOUTH
• Why in the news: The Union Ministry of Education and the Ministry of Health & Family
Welfare have jointly issued an advisory to all States and Union Territories for the
implementation of the Tobacco-Free Educational Institution (ToFEI) manual, in line with
the provisions of the Cigarettes and Other Tobacco Products Act (COTPA), 2003 in
educational institutions.
• It draws attention to the findings of the Global Youth Tobacco Survey (GYTS) 2019, which
revealed that 8.5% of school students aged 13 to 15 in India consume tobacco in various
forms.
• 55 percent of lifelong tobacco users initiate the habit before the age of 20.
CABINET GIVES NOD TO ₹2,602 CRORE WILDLIFE HABITATS DEVELOPMENT

SCHEME
• Why in the news: The Union Cabinet has approved the Integrated Development of Wildlife
Habitats scheme for the 15th Finance Commission cycle for an outlay of ₹2,602.98
crore.
• Centrally sponsored scheme
• Key components: Project Tiger, Project Elephant and Development of Wildlife Habitat
• Aim: To boost technological interventions in different thematic areas over the current and
next financial year in tiger and other wildlife habitats

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• A total of 55 tiger reserves, 33 elephant reserves, and 718 protected areas and their
zones will benefit from the scheme.
Name of Scheme Central Share State Share
Project Tiger 1575.00 955.00
Project Elephant 182.58 54.00
Development of Wildlife Habitat 845.4 273.02
Total: 2602.98 1282.02
CERT-IN & SISA LAUNCHES FIRST OF ITS KIND ANAB-ACCREDITED AI SECURITY

CERTIFICATION (CSPAI) PROGRAM
• Why in the news: The Indian Computer Emergency Response Team (CERT-In) and SISA
jointly launched the Certified Security Professional for Artificial Intelligence (CSPAI)
program.
• It is the first of its kind ANAB-accredited AI security certification.
• The Public-Private Partnership (PPP) initiative between CERT-In and SISA marked a
significant milestone in AI security certification in India.
• Note: CERT-In comes under the Ministry of Electronics and Information Technology
(MeitY).
INDIA UNVEILS CSIRT-POWER TO FORTIFY POWER SECTOR AGAINST CYBER

THREATS
• Why in the news: Union Minister Shri Manohar Lal inaugurated COMPUTER SECURITY
INCIDENT RESPONSE TEAM – POWER (CSIRT–POWER) facility.
• Launched at: Northern Regional Power Committee, Shaheed Jeet Singh Marg, Qutab
Institutional Area, New Delhi
• It is a significant step forward in the mission to protect one of the most vital components
of our national infrastructure— power infrastructure.
• The facility also aims to promote best practices, Standard Operating Procedures (SOPs), and
security policies specific to the power sector, alongside providing cybersecurity expertise and
assistance to constituent utilities.
UNION ENVIRONMENT MINISTER BHUPENDER YADAV KICKS-OFF “YUVA SHAKTI

FOR VIKSIT BHARAT”
• Why in the news: The esteemed NMIMS University, Mumbai, hosted a ‘Yuva Shakti for
Viksit Bharat’, which was inaugurated by the Union Minister for Environment, Forest,
and Climate Change, Bhupender Yadav.
LAAPATAA LADIES IS INDIA’S OFFICIAL ENTRY FOR OSCARS 2025

• Why in the news: 'Laapataa Ladies', directed by Filmmaker Kiran Rao, has been chosen
and submitted as India’s official entry for the 97th Oscars 2025 in the Best Foreign Film
Category.
• Produced by: Aamir Khan and Kiran Rao
• 'Laapataa Ladies' explores themes of gender equality and women's empowerment in rural
India.

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MOHUA TRANSFORMS 25% OF CTUS INTO CLEAN SPACES UNDER SWACHHTA HI

SEVA CAMPAIGN
• Why in the news: The Ministry of Housing and Urban Affairs has transformed 25% of the
identified Cleanliness Target Units (CTUs) into clean spaces and beautified under the
Swachhta Hi Seva campaign.
• More than 5 lakh CTUs that were dark, difficult, and neglected spots, have been targeted for
cleanliness drives across the nation.
SIX YEARS OF AYUSHMAN BHARAT PM-JAY

• Why in the news: Ayushman Bharat PM-JAY has completed its 6 years of inception on 23rd
September 2024.
UNION MINISTER PIYUSH GOYAL UNVEILS AI AND ML-BASED TRADEMARK

SEARCH TECHNOLOGY, IP SAARTHI CHATBOT
• Why in the news: Union Minister of Commerce & Industry, Piyush Goyal unveiled the
Artificial Intelligence (AI) and Machine Learning (ML) based Trademark Search
Technology and IP Saarthi Chatbot.
• The search technology will enable faster clearance of trademark applications in a more
efficient and accurate manner.
UNION MINISTER FOR COMMUNICATIONS & DONER LAUNCHED 'EK PED MAA KE
NAAM' APPLICATION
• Why in the news: Union Minister for Communications and Development of North Eastern
Region (DoNER), Jyotiraditya M. Scindia, launched ‘Ek Ped Maa Ke Naam’ application in
New Delhi.
MANA VILLAGE SELECTED FOR LANDMARK TRIBAL DEVELOPMENT SCHEME
• Why in the news: The Central government has selected Mana village, located in the
Joshimath block of Chamoli district, Uttarakhand, has been selected under the Pradhan
Mantri Janjatiya Unnat Gram Abhiyan.
• Note: Chamoli is home to the Bhotiya tribes, most of whom have resided in the Mana and
Niti valleys of Upper Chamoli for centuries.
• About Pradhan Mantri Janjatiya Unnat Gram Abhiyan:
o Launched in: 2024
o Ministry: Ministry of Tribal Affairs
o Total outlay: Rs.79,156 crore (Central Share: Rs.56,333 crore and State Share: Rs.
22,823 crore)
o Aim: To improve the socio-economic conditions of tribal communities
o Total village: Around 63,000 villages
o Total districts: 549 districts and 2,740 blocks
o The Mission comprises of 25 interventions which will be implemented by 17-line
ministries.
o Funded under the Development Action Plan for Scheduled Tribes (DAPST) over
the next five years.
o To track the progress of the programme, tribal villages will be mapped on the PM
Gati Shakti Portal.

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FOUNDATION STONE OF CO2 TO METHANOL PILOT PLANT

• Why in the news: The foundation stone for India’s first of its kind CO2-to-Methanol pilot
plant was unveiled at Thermax Limited premises in Pune, Maharashtra.
• Unveiled by: Prof. Abhay Karandikar, Secretary, Department of Science and Technology
(DST)
• Overall Capacity: 1.4 Tons Per Day (TPD)
• Supported by: DST, Ministry of Science and Technology
• It is implemented in collaboration with the Indian Institute of Technology (IIT) Delhi and
Thermax Limited, Pune, under Public-Private Partnership (PPP) mode
• Overall cost: Approx. Rs. 31 crore
INDIA TO GET FIRST NATIONAL SECURITY SEMICONDUCTOR FABRICATION

PLANT
• Why in the news: India and the US have joined hands to establish a semiconductor
fabrication plant in India, named 'Shakti'.
• Focus: On producing chips for military hardware and next-generation telecommunications
• The initiative involves Bharat Semi, 3rdiTech, and the US Space Force
• Aim: To enhance semiconductor supply chains and research and development in chip
manufacturing
• The fab will concentrate on producing infrared, gallium nitride, and silicon carbide
semiconductors.
• India’s New Semiconductor Projects:
Semiconductor fabrication facility Dholera Special Investment Region (DSIR) in
Gujarat
• Note: India’s first semiconductor fabrication facility will be set up by Tata Electronics in
partnership with Taiwan’s Powerchip Semiconductor Manufacturing Corporation (PSMC) at
an estimated cost of Rs 91,000 crore.
• The first chip is expected to roll out from the facility by the end of 2026
Outsourced Semiconductor Assembly and Morigaon, Assam
Test (OSAT) facility Sanand in Gujarat
MARHOWRA PLANT TO EXPORT EVOLUTION SERIES LOCOMOTIVES TO AFRICA

BY 2025
• Why in the news: Wabtec Locomotive Private Limited, a joint venture between Indian
Railways and Wabtec, to export locomotives to Africa.
• For the first time, the plant will manufacture locomotives for export to a global customer.
• The plant will supply Evolution Series ES43ACmi locomotives to global customers.
• The ES43ACmi is a locomotive featuring a 4,500 HP Evolution Series engine, offering best-
in-class fuel efficiency and proven performance in high-temperature environments.
• The Marhowra plant will begin exporting these locomotives in 2025.
• The Marhowra plant is situated on 70 acres in Marhowra, Bihar, was established in 2018.
“GARVI GUJARAT” IS NEXT IN SCHEDULE OF BHARAT GAURAV DELUXE AC

TOURIST TRAIN DEPARTING
• Why in the news: Indian Railway Catering and Tourism Corporation (IRCTC) Ltd is
operating the "Garvi Gujarat” tour by Bharat Gaurav Deluxe AC Tourist Train.

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• Depart from: New Delhi

• Date: October 1, 2024
• Days:10-day tour
• Destinations: Ahmedabad, Modhera, Patan, Vadnagar, Pavagarh, Champaner, Vadodara,
Kevadia, Somnath, Diu, Dwarka, and back to Delhi
• Prime attraction:
o Renowned temples of Gujarat: Somnath, Nageshwar Jyotirlinga, Dwarkadhish
temple (one of the four Chardhams of India), and Mahakali temple at Pavagarh
o Heritage sites of Gujarat: Kirti Toran (Vadnagar), Modhera Sun Temple, Rani Ki
Vav, and Diu Fort
• Guests will be traveling roughly 3500 km in this entire tour.
SHANKH AIR GETS APPROVAL TO SOAR, SET TO BE UTTAR PRADESH'S FIRST

AIRLINE
• Why in the news: Shankh Air, a new entrant in India’s aviation sector, has received
approval from the Ministry of Civil Aviation.
• The airline will require additional clearance from the Directorate General of Civil
Aviation (DGCA).
• Shankh Air, with hubs in Lucknow and Noida, is poised to serve both interstate and
intrastate routes.
• Note:
o IndiGo, the country’s largest airline, holds a commanding 63 per cent market
share, and is expanding further.
o According to the OAG, India is now the world's third-largest domestic aviation
market, after the U.S. and China.
WAVES ANIME AND MANGA CONTEST LAUNCHED

• Why in the news: The Ministry of Information and Broadcasting, in collaboration with the
Media and Entertainment Association of India, has officially launched the WAVES Anime
and Manga Contest (WAM).
55TH EDITION OF IFFI TO BE HELD IN GOA FROM NOVEMBER 20TH TO 28TH,

2024
• Why in the news: The International Film Festival of India (IFFI) 2024 is to be held
between the 20th and 28th of November in Goa, which will be the 55th edition of this
festival.
MINISTRY ACHIEVES 100-DAY TARGET OF 100 NAGAR VANS WITH OBJECTIVE

TO ENHANCE URBAN GREENERY
• Why in the news: The Ministry of Environment, Forest and Climate Change has achieved
the 100-Day Target of 100 Nagar Vans, under Nagar Van Yojana.
• The revised Nagar Van Yojana (NVY) in 2020 in an effort to enhance the urban greenery for
improving the quality of life and increasing social cohesion in cities.
• Presently, the Nagar Van Yojana aims to develop 1000 Nagar Vans by the year 2027 with
the financial support of National Fund of National Compensatory Afforestation
Management and Planning Authority (National CAMPA).
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UNION TEXTILES MINISTER UNVEILS COMMEMORATIVE COIN TO CELEBRATE

PLATINUM JUBILEE OF CENTRAL SILK BOARD
• Why in the news: Union Minister of Textiles, Giriraj Singh unveiled the Commemoratory
coin, celebrating the Platinum Jubilee of the Central Silk Board (CSB) at Mysuru on 20th
Sep 2024.
• The Central Silk Board has proudly marked 75 years of dedicated service to advancing
India’s silk industry.
• The Central Silk Board was set up based on the recommendations of the Silk Panel by
the Imperial Govt. on 8th March 1945 to examine the development of silk industry, the
Government of Independent India enacted the CSB Act 1948 on 20th September 1948.
UNION TEXTILES MINISTER GIRIRAJ SINGH INAUGURATES ERI SERICULTURE

PROMOTIONAL PROJECT IN GUJARAT
• Why in the news: Union Textiles Minister Giriraj Singh inaugurated Eri sericulture
promotional project at Sardarkrushinagar, Palanpur, Gujarat.
• Aim: To encourage castor-growing farmers in Gujarat's Banaskantha, Mehsana, Patan, and
Sabarkantha districts.
NLDSL UNVEILS TRACK YOUR TRANSPORT APP TO TACKLE KEY CHALLENGES IN

LOGISTICS
• Why in the news: NICDC Logistics Data Services Ltd (NLDSL) has launched Unified
Logistics Interface Platform (ULIP) Hackathon 2.0.
• Aim: To foster the innovation and developing digital solutions to tackle pressing challenges in
the logistics industry
• He also launched the Track Your Transport (TYT) application powered by ULIP.
o This app is designed to empower small-scale transporters and traders by
addressing various facets of logistics management, from providing tracking of cargo
via all modes to verification of vehicles and drivers.
MINISTRY ACHIEVES TARGET OF PLANTING 80 CRORE SAPLINGS UNDER 'EK PED

MAA KE NAAM' CAMPAIGN
• Why in the news: The Ministry of Environment Forest and Climate Change has achieved
an important target under tree plantation campaign 'Ek Ped Maa Ke Naam' Campaign.
• Target: To plant 80 crore seedlings by September, 2024
• Target achieved on: 25th September 2024
• Uttar Pradesh leading the way by planting around 26 crore saplings.
• Ek Ped Maa Ke Naam:
o It is a Tree Plantation Campaign launched on World Environment Day, 5th
June 2024.
o Aim: To encourage plant a tree as mark of love, respect and honour for their
mother and also to take a pledge for protecting trees and mother earth.
o Launched by: PM Narendra Modi
o Launched in: New Delhi

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o The Prime Minister launched this mega plantation drive by planting a Peepal
(Scientific Name: Ficus religiosa) sapling.
10 YEARS OF MAKE IN INDIA

• Why in the news: The central government flagship scheme '
Make in India' has completed 10 years of inception on
25th September 2024.
• About Make in India:
o Launched on: September 25, 2014
o Launched by: Prime Minister Narendra Modi
o Pillars of ‘Make in India’: New Processes, New
Infrastructure, New Sectors, and New Mindset
o Aim: To create and encourage companies to
develop, manufacture and assemble products in
India and incentivize dedicated investments into
manufacturing.
ADANI GREEN ENERGY, ADANI ENERGY SOLUTIONS JOIN UNEZA

• Why in the news: Adani Group's renewable energy and power transmission firms-- Adani
Green Energy Ltd. and Adani Energy Solutions Ltd-- will join Utilities for Net Zero
Alliance (UNEZA).
• Reason: To aid India’s decarbonization mission
• UNEZA was established at COP28, adopting the UAE Declaration of Action.
• Both AGEL and AESL aim to achieve Net Zero by 2050.
o Adani Green Energy plans to increase its renewable energy portfolio from the
current operational capacity of 11.2 GW to 50 GW by 2030.
o Meanwhile, Adani Energy Solutions has set a target to increase the share of
renewables in bulk power purchases to 70% by 2030.
DASSAULT AVIATION CREATES NEW COMPANY FOR MRO IN INDIA

• Why in the news: Dassault Aviation of France has decided to create a company dedicated
exclusively to maintenance, repair and overall (MRO) of its military activities.
• Name of organization: Dassault Aviation MRO India (DAMROI)
• Location: Noida, Uttar Pradesh
• The development comes as negotiations with the Indian Navy are in advanced stages for
26 Rafale-M, the marine variant, to operate off Indian aircraft carriers.
• Indian Air Force (IAF) operates three squadrons of the Mirage-2000 fighters and 36 Rafale
fighter jets.
INDIA NAMES HIMALAYAN PEAK AFTER THE DALAI LAMA IN ARUNACHAL

• Why in the news: A team from the National Institute of Mountaineering and Adventure
Sports (NIMAS) has successfully scaled unnamed and unchartered peak, which is nearly
21,000-feet-high mountain peak in Himalayan range of Gorichen, Arunachal Pradesh.
• The NIMAS team named the peak as "Tsangyang Gyatso Peak" in honour of the 6th Dalai
Lama Rigzen Tsangyang Gyatso.

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AUSTRALIAN UNIVERSITY TO START ITS COURSES AT GIFT CITY FROM

NOVEMBER
• Why in the news: The University of Wollongong (UOW) will be one of the first Australian
universities to start courses at GIFT City of Gujarat from November 2024.
• It will start post-graduate courses with intake of 50 students each in courses.
• Courses are: Master of Computing (Data Analytics), Graduate Certificate in Computing,
Master of Financial Technology, extended Master of Financial Technology, and Graduate
Certificate in Financial Technology
• Note: Deakin University, Australia, is the first international university in the world to
open a teaching campus in GIFY city, Gujarat, India.
CENTRAL GOVERNMENT HIKES MINIMUM WAGE RATES, EFFECTIVE FROM 1ST

OCTOBER
• Why in the news: The central government has announced an increase in minimum wage
rates by revising the Variable Dearness Allowance.
• Effective from: 1st October, 2024
• The minimum wage rates are categorized based on skill levels-unskilled, semi-skilled,
skilled, and highly skilled, as well as by geographical areas A, B, and C.
• After revision, minimum wage rates in area “A” for workers in:
• Construction, sweeping, cleaning, loading & unloading:
o For unskilled work will be Rs 783 a day (Rs 20,358 per month)
o For semi-skilled Rs 868 a day (Rs 22,568 per month)
o For skilled, clerical and watch & wards without arms Rs 954 a day (Rs 24,804
per month)
o For highly skilled and watch & ward with arms Rs1,035 a day (Rs 26,910 per
month)
• The Central Government revises the VDA twice a year, effective from April 1 and October
1, based on the six-month average increase in the Consumer Price Index for industrial
workers.
UNION MINISTER JYOTIRADITYA SCINDIA INAUGURATES 5G OPEN RAN TESTING

LAB AT CDOT, BANGALORE
• Why in the news: Minister of Communications, Jyotiraditya M. Scindia inaugurated 5G
O-RAN testing lab at the Centre for Development of Telematics (C-DOT) Bengaluru
Campus.
• 5G O-RAN testing lab that will benefit the Startups, Academia and the industry to test
various components of 5G open RAN system developed by them.
• He later inaugurated the “Tejas Centre of Excellence for Wireless Communications” at
Bengaluru.
• He also launched the company’s indigenously designed 32T32R Massive MIMO radio
capable of delivering 1+ Gbps download speeds using 5G mid-band spectrum.
INDIA AIMS 350 AIRPORTS BY 2047: AVIATION MINISTER

• Why in the news: In an effort to boost tourism, India will expand its airports network to
350 by 2047, informed by Union Civil Aviation Minister Kinjarapu Rammohan Naidu.
• Current number of airports in India: 157 airports
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SHIP-BUILDING CLUSTERS TO COME UP IN 5 STATES: SARBANANDA SONOWAL

• Why in the news: Union Minister for Ports, Shipping and Waterways (MoPSW) Sarbananda
Sonowal has informed that ship-building and ship repair clusters will be established in
five states.
• Five states are: Maharashtra, Kerala, Andhra Pradesh, Odisha, and Gujarat
• Other highlights:
o Jawaharlal Nehru Port Authority (JNPA) alone will scale up its handling capacity
from the current 6.6 million TEUs to 10 million.
o 3,900 acres of land has been allotted in Deendayal Port Authority (DPA) and V.
O. Chidambaranar Port Trust (VoCPA) for setting up of hydrogen manufacturing
hubs.
o International Container Transshipment Port (ICTP) at Galathea Bay, Great
Nicobar Island, which will serve as a major transshipment hub.
MINISTRY OF TOURISM LAUNCHES INCREDIBLE INDIA CONTENT HUB AND
DIGITAL PORTAL
• Why in the news: Ministry of Tourism launched the Incredible India Content Hub on the
revamped Incredible India digital portal (www.incredibleindia.gov.in).
• The Incredible India Content Hub is a comprehensive digital repository, featuring a rich
collection of high-quality images, films, brochures, and newsletters related to tourism in
India0
• The content available on the repository is a product of a collaborative effort by multiple
organizations, including the Ministry of Tourism, Archaeological Survey of India,
Ministry of Culture and others.
• The Incredible India Digital Portal is a touri0073t-centric, one-stop digital solution
designed to enhance the travel experience for visitors to India.
MINISTRY OF TOURISM LAUNCHES PARYATAN MITRA AND PARYATAN DIDI

• Why in the news: Ministry of Tourism launched a national responsible tourism initiative
by the name of ‘Paryatan Mitra & Paryatan Didi’
• Aim: To enable tourism as a vehicle for social inclusion, employment, and economic progress.
• Ministry of Tourism piloted Paryatan Mitra and Paryatan Didi in 6 tourist destinations
across India namely:
o Orchha (Madhya Pradesh)
o Gandikota (Andhra Pradesh)
o Bodh Gaya (Bihar)
o Aizawl (Mizoram)
o Jodhpur (Rajasthan)
o Sri Vijaya Puram (Andaman & Nicobar Islands)
UNION MINISTER FOR ROAD TRANSPORT TO INAUGURATE OXYGEN BIRD PARK

(AMRIT MAHOTSAV PARK)
• Why in the news: Union Minister for Road Transport and Highways Nitin Gadkari will
inaugurate Oxygen Bird Park (Amrit Mahotsav Park) along the Nagpur-Hyderabad
National Highway-44 in Nagpur, Maharashtra.

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• Oxygen Bird Park (Amrit Mahotsav Park) is an eco-initiative developed by the National
Highways Authority of India (NHAI).
• Total area: 8.23 hectares
• Development cost: ₹14.31 crores
PM MODI INAUGURATED HIGH-PERFORMANCE COMPUTING (HPC) SYSTEM

• Why in the news: The Prime Minister of India, Narendra Modi has inaugurated the High-
Performance Computing (HPC) system.
• It is designed for weather and climate research.
• The new HPC systems are aptly named 'Arka' and 'Arunika,' reflecting their connection to
Surya—the sun, the primary energy source for the Earth system.
• Launched at:
o Indian Institute of Tropical Meteorology (IITM) at Pune
o National Centre for Medium Range Weather Forecasting (NCMRWF) at Noida.
• Acquired by: Ministry of Earth Sciences
• Investment of: ₹850 crore
INDIA'S TEXTILE SECTOR AIMS FOR $300 BN VALUATION BY 2030 WITH

SUSTAINABILITY AT CORE
• Why in the news: India's textile sector is aiming to reach USD 300 billion by 2030, this
transition is all about inculcating sustainable practices such as employing biodegradable
materials and implementing energy-efficient technologies in the sector’s operations.
• The textile business is currently valued at USD 175 billion, including exports of 38 to 40
billion dollars.
NLC INDIA EYES CRITICAL MINERAL MINING CAPACITY OF 1 MTPA BY FY30

• Why in the news: State-owned NLC India aiming to achieve the annual capacity of mining
one million tonne (MT) of such materials by 2029-30.
• About NLC India:
o It has been into mining operations since 1967.
o Chairman: M. Prasanna Kumar
• About Critical Mineral Mission:
o Proposed in: Union Budget 2024-25
o The Critical Mineral Mission will be set up for domestic production, recycling of
such minerals and overseas acquisition of critical mineral assets.
o It aims to secure the country's critical mineral supply chain by ensuring their
availability from domestic and foreign sources.
INDIA TO OFFER ONE LAKH FREE VISAS: TOURISM MINISTER

• Why in the news: Tourism Minister Gajendra Singh Shekhawat has announced that India
will provide one lakh free visas in a bid to draw foreign tourists.
• Other initiatives:
o The government will also launch a programme to appoint local residents as
tourism ambassadors at 50 destinations.

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o The government appoint tourism ambassadors (Paryatan Mitra and Paryatan

Didi) to project India as a tourist friendly all-year-round destination.
CENTRE TO STREAMLINE MECHANISM TO DEAL WITH CYBER SECURITY, CYBER

CRIME
• Why in the news: President Droupadi Murmu allocated responsibilities to three Ministries
and the National Security Council Secretariat.
• Aim: To further streamline cyber security and measures against cyber crime
• Allocation of task:
o Department of Telecommunication: It will take care of matters relating to
security of telecom networks
o Electronics & Information Technology Ministry (MeitY): It will undertake
matters relating to cybersecurity as assigned in the Information Technology Act,
2000 and support to other Ministries/Departments on Cyber Security.
o Internal Security Department, Home Ministry: It will deal with the matters
related to cybercrime.
• The National Security Council Secretariat will provide overall coordination and strategic
direction for cyber security.
• Note:
o Seven Joint Cyber Coordination Teams (JCCTs) have been constituted under
I4C covering the whole country based upon cyber-crime hotspots/ areas having
multi-jurisdictional issues by onboarding States/UTs
o Aim: To enhance the coordination framework among the LEAs of the States/UTs
o 7 regions are: Mewat, Jamtara, Ahmedabad, Hyderabad, Chandigarh,
Vishakhapatnam and Guwahati
20TH DIVYA KALA MELA INAUGURATED IN PUNE

• Why in the news: The 20th Divya Kala Mela has been inaugurated at Pune, Maharashtra,
organized by the Department of Empowerment of Persons with Disabilities (Divyangjan),
Ministry of Social Justice and Empowerment, Government of India.
• National Divyangjan Finance and Development Corporation (NDFDC), under its various
schemes, has sanctioned loans worth ₹2 crore to Divyangjan, offering them the
opportunity to expand their businesses.
INDIA’S RAJASTHAN ATOMIC POWER PROJECT UNIT-7 REACHES CRITICALITY

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• Why in the news: The Rajasthan Atomic

Power Project's Unit-7 (RAPP-7) reached a
milestone known as criticality.
• RAPP-7 is a 700 MW Pressurized Heavy
Water Reactor (PHWR).
• It is the third in a series of sixteen
reactors being built in India, showing the
country's growing skill in nuclear power.
• It follows the successful operation of similar
units (Kakrapar Atomic Power Station-3 &
4) in Gujarat.
• The project is owned and run by the
Nuclear Power Corporation of India
Limited (NPCIL).
o NPCIL currently operates 24
reactors across 7 power plants
with a total capacity of 8180 MW.
OVER 67 CRORE AYUSHMAN BHARAT HEALTH ACCOUNTS CREATED IN PAST 3

YEARS
• Why in the news: Over 67 crore Ayushman Bharat Health Accounts (ABHA) have been
created in the past three years under the Ayushman Bharat Digital Mission (ABDM).
• The digital healthcare mission marked its three-year anniversary on 27th September
2024.
• Under the mission, more than 42 crore health records have been linked to ABHA, and over
1.3 lakh facilities are ABDM enabled, including 17 thousand facilities.
• About ABDM:
o Launched in: 2021
o Launched by: Ministry of Health and Family Welfare
o ABDM is aligned with the objective of the National Health Policy (2017).
o Implementing Agency: National Health Authority
o Time Period: 2021-22 to 2025-26

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CLOSING CEREMONY OF 7TH RASHTRIYA POSHAN MAAH 2024 AT RANCHI

• Why in the news: The closing ceremony of 7th Rashtriya Poshan Maah 2024 will be held
on 30th September, 2024 at Shaurya Sabhagaar, Ranchi, Jharkhand.
• Graced by: Annpurna Devi, Union Minister for Women and Child Development
• The 7th Rashtriya Poshan Maah is being organized from 1st to 30th September, 2024.
• Focus on: Anaemia, Growth Monitoring, Complementary Feeding, and Poshan Bhi Padhai
Bhi, along with Technology for better governance.
• Note: Opening Ceremony of 7th Rashtriya Poshan Maah 2024 was held in Gandhinagar,
Gujarat.
57TH EXECUTIVE COMMITTEE MEETING OF NMCG APPROVES PROJECTS WORTH

₹1,062 CRORE
• Why in the news: The 57th Executive Committee (EC) meeting of the National Mission
for Clean Ganga (NMCG), chaired by the DG (NMCG) Rajeev Kumar Mital, approved
projects amounting to ₹1,062 crore.
• Project location: Katihar (Bihar), Aligarh (Uttar Pradesh), Supaul (Bihar), Rishikesh,
Srinagar, and Devprayag (Uttarakhand)
• IEC (Information, Education, and Communication) activity-based project worth ₹30
crore approved, to enhance cleanliness and awareness during Mahakumbh 2025.
• The Committee approved three key components of the ‘Smart Laboratory for Clean River’
(SLCR) project, operated by NMCG in collaboration with IIT BHU, Denmark for the
conservation of small rivers.

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• Approval was also granted for the freshwater turtle and gharial conservation breeding
program at the Kukrail Gharial Rehabilitation Center in Lucknow, Uttar Pradesh.
CENTRE TO CONDUCT SURVEY TO IDENTIFY POVERTY LEVELS AMONG URBAN

WORKERS
• Why in the news: The Union government along with civic bodies will launch a door-to-door
survey for socio-economic profiling of low-income households, targeting six groups.
• Six groups are:
1. Targeting construction workers,
2. Gig workers,
3. Waste workers,
4. Care workers,
5. Domestic workers,
6. Transportation worker
• Aim: To identify vulnerability to urban poverty
• Starting from: October 1, 2024
• These surveys will be conducted in 25 cities across India, including Kolkata, Chennai,
Vishakhapatnam, Agra, Indore, and Varanasi.
• Funding of: ₹180 crore
• This project comprising various verticals, will continue for three months and the learnings
will be used to formulate a new scheme to replace the existing Deendayal Antyoday Yojana
- National Urban Livelihood Mission (DAY-NULM).
Credit in agriculture and allied activities registers growth of nearly 18 % in August

• Why in the news: According to the Reserve Bank of India (RBI) monthly data on sectoral
deployment of bank credit, the growth in credit to agriculture and allied activities
continued to be robust, with a growth of 17.7 per cent in August 2024, as against the
corresponding period last year.
• Credit growth to industries also exhibited a growth of nearly 10% during the same period.
• Among major industries, credit to chemicals and chemical products, food processing,
petroleum and infrastructure recorded a higher growth.
• In the services sector, however, the decrease in credit growth was registered.
o It decelerated to 15.6 per cent in August this year from 21 per cent a year ago.
o Reason: Lower credit growth in non-banking financial companies
• Growth in personal loans also moderated to 16.9 per cent in the same period.
UNION MINISTER SARBANANDA SONOWAL LAUNCHES ‘CRUISE BHARAT MISSION’

• Why in the news: Union Minister of Ports, Shipping & Waterways Sarbananda Sonowal
launched the ‘Cruise Bharat Mission’ from the Mumbai port.
• Aim: To excel in India’s vision to become a global hub for cruise tourism and promote the
country as the leading global cruise destination
• The mission is also aiming to propel the country’s cruise tourism industry by doubling
cruise passenger traffic by 2029.
• The Cruise India Mission will be implemented in three phases:
Phases Focus

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Phase 1 Conducting studies, master planning, and

(1st October, 2024 – 30th September 2025) forming cruise alliances with neighbouring
countries
Phase 2 Developing new cruise terminals, marinas, and
(1st October 2025 – 31st March 2027) destinations to activate high-potential cruise
locations and circuits
Phase 3 Integrating all cruise circuits across the Indian

(1st April 2027- 31st March 2029) Subcontinent, marking the maturity of the cruise
ecosystem while continuing the development of
cruise terminals, marinas, and destinations
• Three segments will be covered: Ocean & Harbour cruise, River & Island cruise, Island
cruise
• Key Targets:
o Increase sea cruise passengers from 0.5 million in Phase 1 to 1 million by Phase
3.
o Increases in sea cruise calls from 125 to 500.
o River cruise passengers will grow from 0.5 million in Phase 1 to 1.5 million by
Phase 3.
o The number of international cruise terminals will expand from 2 in Phase 1 to
10 by Phase 3.
o River cruise terminals will increase from 50 to 100.
o Marinas will grow from 1 to 5, and employment generated will rise from 0.1
million to 0.4 million by the final phase.
JAMAICAN PM DR. ANDREW HOLNESS ARRIVED IN NEW DELHI FOR OFFICIAL

VISIT
• Why in the news: Prime Minister of Jamaica Dr. Andrew Holness arrived in New Delhi on
a four-day official visit to India.
• This is the first visit of Mr Holness to India and also the first ever bilateral visit of a Prime
Minister of Jamaica to India.
• Jamaica Capital: Kingston; Currency: Jamaican Dollar
PM MODI URGES CREATORS TO JOIN ‘CREATE IN INDIA’

• Why in the news: Prime Minister Narendra Modi called on creators to participate in the 25
Challenges under the theme ‘Create in India.’
• Organized by: Ministry of Information and Broadcasting
• These challenges will serve as a precursor to the upcoming World Audio Visual and
Entertainment Summit (WAVES) 2024.
o Note: WAVES 2024 will be organized from 5th to 9th February 2024 in New
Delhi.
‘NATIONAL KNOWLEDGE SHARING WORKSHOP’ TO BEGIN IN BHOPAL UNDER

STARS PROJECT
• Why in the news: A two-day ‘National Knowledge Sharing Workshop’ is being organized in
Bhopal under the STARS project.

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• The objective of the workshop is to share knowledge of the states of the STARS project,
identify the challenges of educational programs and adopt the excellent work being done in
the states by sharing it with each other.
• STARS Project:
o STARS refers to Strengthening Teaching-Learning and Results for States
o Supported by: World Bank
o Aim: Betterment of the schools of the country
o The STARS project is being run in 6 states of the country – Madhya Pradesh,
Odisha, Rajasthan, Kerala, Himachal Pradesh and Maharashtra
CENTRAL GOVERNMENT APPROVES RELEASE OF RS.675 CRORE TO FLOOD-

AFFECTED STATES
• Why in the news: Central Government has approved the release of Rs.675 crore to flood-
affected States - Gujarat, Manipur and Tripura - as Central share from State Disaster
Response Fund (SDRF) and an advance from National Disaster Response Fund (NDRF).
• Central Government has approved the release of:
o Rs.600 crore to Gujarat,
o Rs.50 crore to Manipur
o Rs.25 crore to Tripura
• In 2024, the Central Government has released an amount of Rs. 9044.80 crore from SDRF
to 21 States, Rs. 4528.66 crore from NDRF to 15 States and Rs. 1385.45 crore from
State Disaster Mitigation Fund (SDMF) to 11 States.
LAUNCH OF BHARATGEN
• Why in the news: BharatGen was inaugurated in the virtual presence of Dr. Jitendra Singh,
Union Minister of State (Independent Charge) for Science and Technology in New Delhi on
30th September 2024.
• What is BharatGen?
o It is a pioneering initiative in generative AI.
o It is designed to revolutionize public service delivery and boost citizen
engagement through developing a suite of foundational models in language, speech
and computer vision
o It is the world's first government-funded Multimodal Large Language Model
project.
o Focus: Creating efficient and inclusive AI in Indian languages
o Spearheaded by: IIT Bombay (under the National Mission on Interdisciplinary
Cyber-Physical Systems (NM-ICPS), of the Department of Science and Technology
(DST))
o Implement by: TIH Foundation for IOT and IOE at IIT Bombay
o Academic partners: IIT Bombay, IIIT Hyderabad, IIT Mandi, IIT Kanpur, IIT
Hyderabad, IIM Indore, and IIT Madras
o BharatGen Consortium led by: Prof. Ganesh Ramakrishnan (IIT Bombay)
o Four key distinguishing features of BharatGen:
▪ Multilingual and multimodal nature of foundation models
▪ Bhartiya data set based building, and training
▪ Open-source platform
▪ Development of an ecosystem of generative AI research in the country

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o Completion: Expected to be completed in two years

o Key Activities:
▪ Knowledge Generation
▪ Foundational Technology Development
▪ Innovation & Entrepreneurship
▪ India Centric Dataset Development
▪ Product Development
▪ HRD & skill development
o Strategic Research Pillars of BharatGen:
▪ Data & Model Innovation
▪ Advanced Capabilities & Applications
▪ Interactivity & User Experience
▪ Ethical AI & Privacy
▪ Integration & Future Technologies
▪ Evaluation & Benchmarking
DIGI YATRA TO BE MADE AVAILABLE IN REGIONAL, INT'L LANGUAGES

• Why in the news: Digi Yatra will be made available in regional and international
languages
• Current Status: The facility is now available at 24 airports
• Under the pilot project, foreign citizens will be able to use Digi Yatra.
• About Digi Yatra:
o Introduced in: 2022
o This facility is based on Facial Recognition Technology (FRT).
o It provides contactless, seamless movement of passengers at various check
points at airports.
o Nodal Agency: Digi Yatra Foundation
o Shareholders of the foundation:
▪ Airports Authority of India (AAI) – (26% share)
▪ Cochin International Airport Ltd (CIAL)
▪ Bangalore International Airport Ltd (BIAL)
▪ Delhi International Airport Ltd (DIAL)
▪ Hyderabad International Airport Ltd (HIAL)
▪ Mumbai International Airport Ltd (MIAL)
o Note
▪ Digi Yatra is proposed to be rolled out at two Airports namely Varanasi
and Bengaluru in August 2022
INDIA HAS BECOME WORLD’S THIRD LARGEST PRODUCER AND CONSUMER OF

ETHANOL
• Why in the news: Food and Public Distribution Minister Pralhad Joshi informed that India
has become the World’s third largest Producer and Consumer of Ethanol at the two-day
India Sugar and Bio-Energy conference in New Delhi.
State

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FOUNDATION STONE LAID FOR MICHELIN INDIA'S TYRE PLANT

• Why in the news: Michelin has laid the foundation stone for a new manufacturing facility
in Tiruvallur district, Tamil Nadu.
• Investment of: Rs 563.67 crore
ASSAM ROLLS ORUNODOI 3.0 SCHEME

• Why in the news: The Assam government has launched Orunodoi 3.0 scheme to provide
financial support to 37.2 lakh families.
• Annual budget: Rs. 5,604 crore
• The scheme prioritizes vulnerable groups and integrates with the NFSA (National Food
Security Act) for comprehensive social security.
• Financial benefit: Rs 1250 (Direct Benefit Transfer)
PM MODI LAYS FOUNDATION STONE FOR PM MEGA INTEGRATED TEXTILE

REGIONS AND APPAREL PARK IN MAHARASHTRA
• Why in the news: PM Narendra Modi laid the foundation stone of PM Mega Integrated
Textile Regions and Apparel (PM MITRA) Park in Amravati, Maharashtra.
• Area: 1000-acre
• Developed by: Maharashtra Industrial Development Corporation (MIDC), State
Implementation Agency
• The central government had approved setting up 7 PM MITRA Parks for the textile
industry.
• PM Modi also launched the "Punyashlok Ahilyadevi Holkar Women Startup Scheme."
o Under the scheme, early-stage support will be given to women-led startups in
Maharashtra.
o Financial assistance up to Rs 25 lakh will be provided.
• Skill development training centres will be established in renowned colleges across the
state
o Aim: To provide training to youth aged 15 to 45, enabling them to become self-
reliant and access various employment opportunities.
o Around 1,50,000 youths across the state will receive free skill development
training each year.
VP JAGDEEP DHANKHAR TO INAUGURATE 2ND EDITION OF UPITS

• Why in the news: Vice-President Jagdeep Dhankhar will inaugurate the second edition of
the Uttar Pradesh International Trade Show (UPITS) in Gautam Buddha Nagar.
• The five-day trade show will conclude on 29th September and showcase the trade and
culture of Uttar Pradesh.
• It will also highlight Vietnam as the Partner Country.
ADB FUNDS RS 530 CRORE WATER SUPPLY SCHEMES FOR 12 CITIES IN TRIPURA
• Why in the news: Tripura Chief Minister Manik Saha laid the foundation stone of Asian
Development Bank (ADB) funded water supply improvement facility for 12 towns in the
state.
• Loan Amount: Rs 530 crore

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• Reason: For water supply improvement in 12 civic bodies of the northeastern state
• Aim: To boost the water supply to households and is supposed to be completed in the next
three years.
JAIPUR TO HOST 25TH EDITION OF IIFA AWARDS

• Why in the news: The 25th International Indian Film Academy Awards will be held in
Jaipur, Rajasthan from March 7 to March 9, 2025.
• An MoU was signed between Rajasthan Tourism Department and the IIFA for the silver
jubilee celebrations of the IIFA Awards
• Note: 2024 edition of IIFA Awards will begin in Yas Island, Abu Dhabi.
STATE CABINET CLEARS PROPOSAL TO RENAME PUNE AIRPORT

• Why in the news: Maharashtra cabinet has approved a proposal to rename Lohegaon
airport, located in Pune as Jagadguru Sant Tukaram Maharaj Pune International Airport.
DELHI TO ORGANISE 'E-VEHICLE PARADE' IN OCTOBER TO BOOST USAGE, SALES

• Why in the news: Delhi's environment department will organise an 'e-vehicle parade' at
Rajghat, Delhi in October 2024.
• Reason: To encourage the purchase and use of electric vehicles (EVs) in the city
• Expectation: Over 500 EVs will participate in this event, with a registration link for
interested owners to be announced shortly.
• Note: The Delhi government introduced an EV Policy in August 2020, offers subsidies for
EV buyers, setting a target for one in every four new vehicles registered in the capital to
be electric by 2024.
SIKKIM GOVERNOR OM PRAKASH MATHUR VISITS DONKYALA PASS

• Why in the news: Sikkim Governor Om Prakash Mathur visited Donkyala Pass at an
altitude of 18,200 feet, the second highest pass in the country.
• He also visited Gurudongmar Lake, located at an altitude of 17,800 feet.
MIZORAM CM LALDUHOMA LAUNCHES 'BANA KAIH'

• Why in the news: The Chief Minister of Mizoram, Pu Lalduhoma, has launched a flagship
initiative, the Handholding Scheme, (Bana Kaih).
• Type: financial assistance
• Beneficiaries: Entrepreneurs and farmers
• Aim: To promote economic growth and self-sufficiency
• Features:
o Collateral free and Interest free bank loan
o Offers loan up to Rs. 50 lakh through partner banks
o Note: The state government will serve as a guarantor for these project loans
under existing national credit guarantee schemes.
• Benefits:
o Beneficiaries who consistently repay their loans may also benefit from interest
subvention of up to 100%.

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o The scheme also includes the Chief Minister's Special Category Scheme, which
provides grant-in-aid of up to Rs. 1 lakh.
• Other initiatives of state:
o Introduction of Minimum Support Price (MSP) for four key crops: Ginger,
Broom, Turmeric, and Mizo Birdeye Chilli
o In a pilot phase, Paddy from Kolasib and Mamit districts will be procured at a
minimum support rate of Rs. 30 per kilogram starting this year.
DELHI GOVT HIKES MINIMUM WAGE FOR LABOURERS

• Why in the news: The Delhi government has increased the minimum wages for unskilled
workers/labourers.
• Effective from: 1st October 2024
• New Rates:
o Unskilled labourers: Rs 18,066 (from Rs 17,494)
o Semi-skilled workers: Rs 19,929 (from Rs 19,279)
o Skilled workers: Rs 21,917 (from Rs 21,215)
UP GOVT LAUNCHES 155 HOUR NON STOP CLEANLINESS CAMPAIGN

• Why in the news: The Uttar Pradesh government launched a 155-hour non-stop mega
cleanliness campaign.
• Continue till: October 2, 2024
• Theme: Swabhaav Swachhata-Sanskar Swachhata,
• Aim: To promote hygiene and environmental consciousness across urban areas.
• The 15-day initiative includes theme-based Information, Education, and Communication
(IEC) activities each day, with participation from ministers, public representatives, officials,
volunteers, and educational institutions through “shramdaan” (voluntary labour).
ODISHA GRANTS MATERNITY AND PATERNITY LEAVE FOR SURROGACY

• Why in the news: The Odisha government has announced the extension of maternity and
paternity leave benefits to its employees opting for surrogacy.
• Female employees opting for surrogacy will be eligible for 180 days of maternity leave.
• Male employees will be granted 15 days of paternity leave within six months of the
child’s birth.
DELHI GOVT INTRODUCES MANDATORY ONE-YEAR SERVICE BOND FOR MEDICAL

GRADUATES
• Why in the news: Delhi government has introduced a one-year mandatory service bond
for medical students passing out from All India Quota and State Quota in both
undergraduate (UG) and postgraduate (PG) programs from medical institutions in Delhi.
• Students will be required to serve for one year in medical institutions under the
Government of the National Capital Territory (GNCT) of Delhi.
• UG students will have to furnish a bond of Rs 15 lakh, while PG and super-specialty
students will submit a bond of Rs 20 lakh.
12TH EDITION OF KERALA TRAVEL MART 2024

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• Why in the news: The 12th edition of the Kerala Travel Mart 2024 is being organised at
the Sagara Samudrika Convention Centre at Wellington Island in Kochi.
• Focus: Responsible Tourism, MICE (Meetings, Incentives, Conferences, and Exhibitions)
tourism, wedding destinations, and cruise tourism
MAHARASHTRA GOVERNMENT INKS MOUS WORTH RS 47,500 CRORE

• Why in the news: Maharashtra government signed MoUs with four companies in the green
energy sector, worth Rs 47,500 crore.
• Maharashtra government aims to achieve the Centre's ambitious target of zero carbon
emission by 2070.
• The state has taken a significant step toward producing 50% renewable energy by 2030.
TELANGANA GOVERNMENT TO LAUNCH ‘PRAVASI PRAJAVANI’

• Why in the news: Telangana government will open a ‘Pravasi Prajavani’ counter in
Hyderabad to address the grievances of Gulf workers and NRIs.
• Transport minister P. Prabhakar will formally open the counter.
• Pravasi Prajavani operates every Wednesday and Friday, providing a platform for
expatriate workers and their families to seek assistance and solutions for their
problems
KARNATAKA UNVEILS KWIN CITY PROJECT TO DRIVE GROWTH

• Why in the news: Karnataka government has launched KWIN City, a project expected to
transform the state’s business landscape.
• Total area: 5,800 acres
• Strategical location: Between Dabaspet and Doddaballapur
• Four key pillars: knowledge, health, innovation, and research.
• Aim: To generate an investment of approximately Rs 40,000 crore, integrating knowledge,
well-being, and innovation into a cohesive ecosystem that fosters growth
• The city plans to implement meticulously designed intra- and inter-transport systems to
reduce congestion and enhance convenience, with seamless connectivity through the
Bengaluru-Hubballi-Mumbai Express rail route and proximity to National Highways 44
and 648.
MODI INAUGURATES PUNE METRO SECTION, LAYS FOUNDATION STONE OF RS

11,200 CR PROJECTS IN MAHARASHTRA
• Why in the news: Prime Minister Narendra Modi inaugurated and laid the foundation
stone of various projects of Rs 11,200 crore in Maharashtra via video conference.
• Inauguration/laid foundation of:
o Pune Metro section from District Court to Swargate
o Foundation stone for Swargate-Katraj extension of the Pune Metro Phase-1
o Bidkin Industrial Area
▪ It is a transformative project spanning 7,855 acres.
▪ It has been developed under the National Industrial Corridor
Development Programme (NICDP) as part of the Delhi-Mumbai Industrial
Corridor.
o Solapur Airport
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DELHI INITIATES DUST-FREE DRIVE

• Why in the news: Lieutenant-Governor of Delhi, V.K. Saxena has initiated a ‘Dust-free
Delhi Drive’ over the next 10 days to combat air pollution in the national capital.
• This initiative organized by in collaboration with:
o Municipal Corporation of Delhi (MCD)
o Public Works Department (PWD)
o New Delhi Municipal Council (NDMC)
o Irrigation and Flood Control Department (I&FCD)
o Delhi Jal Board (DJB)
UP GOVT EMPOWERS WOMEN THROUGH 'KRISHI SAKHIS

• Why in the news: Uttar Pradesh government has empowered around 7,634 women in
agriculture till now, under “Krishi Sakhi” scheme, which aims to promote self-reliance
among women by linking them to agricultural practices.
• Krishi Sakhis are being chosen from self-help groups established in villages under the Uttar
Pradesh State Rural Livelihood Mission.
• Through the Deendayal Antyodaya Yojana, these women are being trained as para-
professionals.
• Bijnor district leads with the highest number of trained women at 670.
• Specific selection criteria have been established for the women, including an age range of 21
to 45 years and a demonstrated interest and experience in agricultural work.
• National Institute of Agricultural Extension Management (MANAGE), an autonomous
body under the Ministry of Agriculture and Farmers Welfare, is responsible for training the
Krishi Sakhis.
TELANGANA LAUNCHES ‘DARSHINI’ SCHEME FOR EDUCATIONAL STUDENT

TOURS
• Why in the news: The Telangana government has launched ‘Telangana Darshini’, a scheme
to provide students with immersive learning experience outside the classroom.
• The programme, under the Youth Advancement, Tourism, and Culture (T&PMU) Department,
is designed to take school and college students on educational tours across the State.
• The tourism department has grouped the students into four categories for this purpose,
which are:
o First category: Class 2 to class 4
o Second category: Class 5 to class 8
o Third category: Class 9 to intermediate
o Fourth category: Degree courses
• Year Target (No. of Students): 1 Lakh
• Budget: 12,10,00,000 rupees
MAHARASHTRA DECLARES INDIGENOUS COWS AS ‘RAJYAMATA-GOMATA’

• Why in the news: The Maharashtra Government has declared indigenous cows as
'Rajyamata-Gomata,' recognizing their historical, nutritional, and agricultural significance.
• The State cabinet also cleared a proposal to implement a subsidy scheme for the rearing of
indigenous cows.

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o Under the scheme, goshalas will be given ₹50 per cow per day.
• Various indigenous breeds of cows are found in different parts of the state (e.g., Deoni in
Marathwada, Lal Kandhari, Shillari in western Maharashtra, Dangi in northern
Maharashtra, and Gaolao in Vidarbha).
DEFENDING CHAMPIONS RAILWAYS BEAT IOC TO BAG MURUGAPPA GOLD CUP

• Why in the news: Indian Railways - RSPB has defeated Indian Oil Corporation (IOC) in the
final to lift the trophy in the 95th All-India MCC-Murugappa Gold Cup Hockey
Tournament 2024.
International News
EU PLEDGES ₹35 BILLION LOAN TO SUPPORT UKRAINE'S RECOVERY
• Why in the news: The EU will grant a loan of up to 35 billion euros ($39 billion) to Ukraine
to help the country stuck in a grinding war with Russia.
• EU Commission President: Ursula von der Leyen
NEPAL CELEBRATES NINTH ANNIVERSARY OF CONSTITUTION DECLARATION

• Why in the news: Nepal has celebrated the ninth anniversary of the declaration of its
constitution on 20th September 2024.
• The Constitution of the Federal Democratic Republic of Nepal was officially promulgated on
September 20, 2015.
CLIMATE GOAL TO TRIPLE GLOBAL RENEWABLE ENERGY BY 2030 WITHIN

REACH: IEA
• Why in the news: According to the International Energy Agency (IEA), the climate goal to
triple global renewable energy capacity by 2030 and cut fossil fuel use is within reach.
• During the COP 28 climate summit, held in Dubai, last year, almost 200 countries agreed
to reach net zero emissions from the energy sector by 2050 and pledged to triple
renewable energy capacity like wind and solar.
• HQ of IEA: Paris, France
INDIA ANNOUNCES $500,000 QUAD SCHOLARSHIP FOR INDO-PACIFIC STUDENTS

• Why in the news: During the QUAD summit 2024, India has announced a new initiative to
award 50 Quad scholarships to students from the Indo-Pacific.
• Worth: $500,000
• Aim: To enable students to pursue a four-year undergraduate engineering programme at a
Government of India-funded technical institution
PM MODI GIFTS US PRESIDENT BIDEN ANTIQUE SILVER HAND-ENGRAVED TRAIN

MODEL

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• Why in the news: PM Narendra Modi has gifted an

antique silver hand-engraved train model to US
President Joe Biden.
• Crafted by: Artisans from Maharashtra
• The vintage piece involves intricate filigree work.
• Silver (%): 92.5 per cent silver
• Inscribed: DELHI-DELAWARE (sides of the main
carriage) and INDIAN RAILWAYS" (on the sides of the
engine in English and Hindi)
• While, a pashmina shawl in papier mache box as the gift for the first lady Jill Biden.
• Pashmina shawls are considered the apogee of Jammu and Kashmir's rich and fine legacy of
handcraft.
10TH WORLD FZO CONGRESS BEGINS IN DUBAI

• Why in the news: The 10th annual World Free Zones Organisation (World FZO) Congress
commenced at the Madinat Jumeirah in Dubai.
• Date: September 23rd to 25th, 2024.
• Aim: To bring together leading experts, decision-makers, and stakeholders from the free
zones, logistics, and multilateral sectors globally.
• Theme 2024: Zones and the Shifting Global Economic Structures – Unlocking New
Investment Avenues
FM NIRMALA SITHARAMAN TO ATTEND AIIB ANNUAL MEETING

• Why in the news: Finance Minister Nirmala Sitharaman will embark on a five-day visit to
Uzbekistan beginning on 24th September 2024.
• The finance minister will attend the 9th Annual Meeting of the Board of Governors of the
Asian Infrastructure Investment Bank (AIIB) in Samarkand, Uzbekistan.
• She will also sign the Bilateral Investment Treaty (BIT) between India and Uzbekistan.
• Note: India is the second largest shareholder of the bank, after China.
UNION MINISTER PIYUSH GOYAL INAUGURATES INVEST INDIA’S NEW OFFICE IN

SINGAPORE
• Why in the news: Union Commerce and Industry Minister Piyush Goyal inaugurated Invest
India’s new office in Singapore.
• The office will serve as a dedicated point of contact for companies from the region looking
to invest in India, fostering collaboration across sectors.
• The Singapore Office is Invest India’s first overseas office.
INDIA CONTINUES TO BE BIGGEST TRADING PARTNER OF NEPAL

• Why in the news: India continues to be the largest trading partner of Nepal.
• Data shared by: Nepal Trade Statistics (released by the Department of Customs)
• Nepal’s trade deficit stood at NPR 237.45 billion till mid-September of fiscal year 2024-
25.
• Nepal continues to have the highest trade deficit with its two neighbours India and China
to the amount of 144.67 billion and 51.80 billion respectively.

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• Nepal exports Hydroelectric power, resin, agricultural produce, yarn, pashmina shawls, hide
and skins, handicrafts items, silver and gold jewellery and other items to India.
• while Nepal imports petroleum products, Chemical fertilizers, salt, sugar, rice, vehicles,
copper, cotton and other items from India.
ADB RECOMMENDS PAKISTAN ADOPT INDIA'S ULLAS SCHEME TO REVAMP

EDUCATION SYSTEM'
• Why in the news: The Asian Development Bank (ADB) has advised Pakistan to adopt
India's "Understanding of Lifelong Learning for All in Society" (ULLAS) scheme.
• Reason: To address the struggling education sector of Pakistan
• Reason of recommendation: Pakistan seeks financial support from the ADB to overhaul its
education system and bring millions of out-of-school children back into formal education.
• ULLAS Scheme:
o Tenure: 2022-23 to 2026-27
o Financial outlay: Rs.1037.90
o The scheme is to be implemented through volunteerism.
o The learners will be encouraged to access the content in local languages in online
mode through DIKSHA platform in NCERT.
o The scheme is targeted at all non-literates of age 15 years and above.
o The scheme consists of five components
▪ Foundational Literacy and Numeracy,
▪ Critical Life Skills,
▪ Basic Education,
▪ Vocational Skills, and
▪ Continuing Education
INDIA JOINS US-LED MINERAL SECURITY NETWORK TO SECURE CRITICAL
MINERALS
• Why in the news: India is now formally a part of the Minerals Security Finance Network
(MSFN), a US-led initiative aiming to strengthen cooperation among members to secure
supply chains for critical minerals.
• This involves a pact entered by 14 countries and the European Union.
• The Minerals Security Finance Network (MSFN) is a new initiative that stems from the
Minerals Security Partnership (MSP), a framework established by the US in 2022.
• India was inducted to the MSP in June 2023.
WHAT IS THE UN’S NEW ‘PACT FOR THE FUTURE’

• Why in the news: The United Nations General Assembly (UNGA) has adopted an ambitious
pact - Pact for the Future, that aims to make the organisation more relevant and effective on
the global stage in the 21st century.
• Pact for the Future:
o Adopted by: 193-member of UNGA
o Five broad focus areas include:
▪ Sustainable development;
▪ International peace and security;
▪ Science and technology;
▪ Youth and future generations
▪ Transforming global governance
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o It includes a pledge to move faster towards achieving the UN’s Sustainable

Development Goals (SDGs) and the Paris Agreement commitments on climate
change.
o It speaks of addressing the root causes of conflicts and accelerating
commitments on human rights, including women’s rights.
HURRICANE HELENE HITS NORTHWESTERN FLORIDA AS CATEGORY 4 STORM

• Why in the news: In the US, Hurricane Helene made landfall in northwestern Florida as a
powerful Category 4 storm with maximum wind speeds of 225 kilometers per hour.
INDIA-INDONESIA CELEBRATE 75TH ANNIVERSARY OF THEIR DIPLOMATIC

RELATIONS
• Why in the news: India and Indonesia commemorate the 75th anniversary of the
establishment of India-Indonesia diplomatic relations and the various activities organized
to mark this milestone.
INDIA ELECTED TO GLOBAL ANTI-CORRUPTION PLATFORM'S STEERING PANEL

• Why in the news: India was elected to the 15-member steering committee of the Global
Operational Network of Anti-Corruption Law Enforcement Authorities - GlobE Network.
• Total member countries: 129
• Total member authorities: 219
• 15-member steering committee: Chair (1), Vice Chair (1), and Other members (13)
• India was elected to the steering committee after a multi-stage voting process in Beijing,
China.
• Ministry of Home Affairs serves as Central Authority for GlobE Network in India.
• While CBI and ED represent India as member authorities.
MALAYSIA'S SHAH ALAM STADIUM WAS DEMOLISHED

• Why in the news: Shah Alam Stadium, located in Malaysia, has been demolished following
safety concerns and years of poor maintenance.
• It will be replaced by the Shah Alam Sports Complex (KSSA).
o The new venue, with a capacity of 35,000 to 45,000, will primarily focus on
football matches.
o The KSSA project is expected to be completed by 2029.
WFP LAUNCHES EMERGENCY FOOD OPERATION TO REACH PEOPLE AFFECTED

BY THE CONFLICT IN LEBANON
• Why in the news: The World Food Programme (WFP) has launched an emergency
operation to provide food assistance for up to one million people affected by the recent
escalation of the conflict in Lebanon.
• The agency is distributing ready-to-eat food rations, bread, hot meals and food parcels to
families in shelters across the country.
• To continue these critical operations, WFP urgently requires USD 105 million until the end
of the year and calls on the international community to mobilize resources and support the
humanitarian response.

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TROPICAL STORM KRATHON HEADS FOR PHILIPPINES

• Why in the news: Tropical storm Krathon is headed for the Philippines as the authorities
place northern parts of the main Luzon island on alert, saying there is a high chance of rapid
intensification and the possibility it could become a super typhoon.
MOUs/Mergers & Acquisitions

ISRO SIGNS TECHNOLOGY TRANSFER AGREEMENTS WITH PRIVATE FIRMS
• Why in the news: ISRO, IN-SPACe, and NSIL have signed five Technology Transfer
Agreements (TTA) with private companies, marking a total of 75 agreements since space
reforms.
• Aim: To empower India's private sector to utilize advanced space technologies for commercial
and societal applications
• Note:
o IN-SPACe: Indian National Space Promotion and Authorization Centre
o NSIL: NewSpace India Limited
INDIA AND BHUTAN DEEPEN COOPERATION ON FOOD SAFETY AND REGULATORY

STANDARDS
• Why in the news: The Food Safety and Standards Authority of India (FSSAI) under the
Ministry of Health and Family Welfare, signed an agreement Bhutan Food and Drug
Authority (BFDA) on the sidelines of the Global Food Regulators Summit, conducted at
Bharat Mandapam, New Delhi.
• Aim: To enhance food safety, aligning regulatory frameworks, simplifying the Food Import
Procedure and fostering technical collaboration.
MOU BETWEEN ARIES & BEL FOR SPACE SITUATIONAL AWARENESS (SSA)
• Why in the news: The Aryabhatta Research Institute of Observational Sciences (ARIES)
and Bharat Electronics Limited (BEL) signed agreement to enhance India’s Space
Situational Awareness (SSA) capabilities.
• This collaboration aims to develop advanced image processing techniques, data analytics
software, and new instruments to track space objects, particularly near-Earth objects and
artificial satellites, ensuring the safety of satellites and their users.
INDIA SIGNS AGREEMENTS ON CLEAN AND FAIR ECONOMY UNDER INDO-PACIFIC
ECONOMIC FRAMEWORK
• Why in the news: India has signed the first-of-its-kind agreements focused on a Clean
Economy, Fair Economy, and the overarching Indo-Pacific Economic Framework (IPEF)
in Delaware, USA.
• These agreements were exchanged under the IPEF for prosperity.
• The Agreement on Clean Economy intends to promote technical cooperation, workforce
development, capacity building, and research collaborations.
• About IPEF:
o Launched on: 23 May 2022

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o Launched at: Tokyo, Japan

o Total members: 14 countries – Australia, Brunei, Fiji, India, Indonesia, Japan,
Republic of Korea, Malaysia, New Zealand, Philippines, Singapore, Thailand,
Vietnam and USA
o Aim: To strengthen economic engagement and cooperation among partner
countries with the goal of advancing growth, economic stability and prosperity in
the region.
o The framework is structured around four pillars relating to:
▪ Trade (Pillar I);
▪ Supply Chain Resilience (Pillar II);
▪ Clean Economy (Pillar III);
▪ Fair Economy (Pillar IV)
o India has ratified Agreement on Supply Chain Resilience (Pillar II) in February 2024
and has maintained an observer status in Pillar-I.
INDIA, GERMANY TO IMPROVE COOPERATION IN CLEAN ENERGY, MOBILITY

SECTORS
• Why in the news: New Delhi and Berlin are enhancing cooperation in renewable energy,
urban development, agroecology, and mobility.
• This decision follows development policy negotiations led by India's Department for
Economic Affairs and Germany's Federal Ministry for Economic Cooperation and
Development.
COAL INDIA FORMS JV FOR RENEWABLE ENERGY BUSINESS IN RAJASTHAN

• Why in the news: State-owned Coal India has entered into a joint venture (JV) agreement
with Rajasthan Rajya Vidyut Utpadan Nigam Ltd (RRVUNL).
• Reason: To undertake renewable energy business in Rajasthan
• While Coal India will have a 74% shareholding in the joint venture, RRVUNL will have
remaining 26%.
• The joint venture company will be incorporated as a private limited company with an initial
paid-up share capital of Rs 10,00,000.
MADHYA PRADESH, UTTAR PRADESH PARTNER TO DEVELOP 8 GW SOLAR

POWER PLANTS

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• Why in the news: Madhya Pradesh (MP)

and Uttar Pradesh (UP) partnered to
develop 8 gigawatts (Gw) of solar
power plants.
• It is a first-of-its-kind initiative in India
through which two states are co-
developing RE projects to share power.
• These projects would supply power to
each state during high demand
seasons, alternating every six months.
INOX WIND INKS PACT WITH ICICI BANK-LED CONSORTIUM

• Why in the news: Inox Wind Ltd has signed a consortium agreement with a group of
banks, led by ICICI Bank Ltd.
• Reason: For securing financial limits of approximately Rs 2,200 crore.
• This limit is expected to be increased to around Rs 2,400 crore, based on ICICI Bank's
working capital assessment.
BEL SIGNS TEAMING AGREEMENT WITH RELISAT FOR SPACE PRODUCTS,

STOCKS TRADE FLAT
• Why in the news: Bharat Electronics Limited (BEL) has signed a Teaming Agreement with
Relisat Inc., a Canadian company, to collaborate on space products.
• The agreement aims to leverage the capabilities of both companies in the space domain.
AIIMS DELHI SIGN MOU WITH TECH COMPANY TO ESTABLISH CENTRE FOR
ROBOTIC-ASSISTED SURGERY
• Why in the news: All India Institute of Medical Sciences (AIIMS), New Delhi, and
Intuitive (a technology company) signed a Memorandum of Understanding to establish an
innovative new training centre for robotic-assisted surgery.
• The AIIMS da Vinci robotic-assisted surgery training centre will focus on equipping
surgeons and care teams with the skills and technology to perform robotic-assisted surgery
across specialities, including urology, gynaecology, general surgery, and more.
EDELWEISS-OWNED SEKURA ACQUIRES O2 POWER'S MP ASSETS

• Why in the news: Sekura Energy, owned by Edelweiss Alternatives, has acquired 350-MW
operational assets of O2 Power for Rewa Ultra Mega Solar in Madhya Pradesh at an
enterprise value of Rs 2,000 crore.
• O2 Power, a renewable energy platform by Temasek and EQT Infrastructure, has a
portfolio of 3.7 GW including 1.3 GW operational capacity.

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RUBBER RESEARCH INSTITUTE SIGNS MOU WITH INDIANOIL

• Why in the news: The Rubber Research Institute of India (RRII) and Indian Oil
Corporation Ltd (IOCL) signed an MoU to enhance the research on using Rubber Process
Oils marketed by IOCL in different tyre and non-tyre rubber products.
CCI NOD FOR TVS HOLDINGS’ MAJORITY STAKE BUY IN HOME CREDIT INDIA
• Why in the news: Competition Commission of India (CCI) has approved the acquisition of
shares of Home Credit India by TVS Holdings and Premji Invest.
• TVS Holdings had acquired 80.74 per cent of the equity stake in Home Credit India
Finance for ₹554 crore.
• Premji Invest was to take about 10.8 per cent and other various minority investors were
to hold about 8.5 percent of the business.
INDIA SIGNS AGREEMENT TO PROTECT MARINE BIODIVERSITY ON HIGH SEAS

AT UNGA
• Why in the news: India signed an international agreement to protect marine biodiversity
on the high seas at the United Nations General Assembly (UNGA).
• The pact, formally known as the Biodiversity Beyond National Jurisdiction (BBNJ)
Agreement.
• This Agreement is aimed at ensuring that marine life is conserved and used in a
sustainable manner on the high seas, which is beyond nations’ territorial waters, and the
exclusive economic zone could extend up to 370 km from the shores, which constitutes about
two-thirds of all the oceans.
CSIR-NISCPR SIGNS MOU WITH GURUGRAM UNIVERSITY

• Why in the news: CSIR-National Institute of Science Communication and Policy
Research (CSIR-NIScPR) signed an MoU with the Gurugram University to open up new
windows for the both the institutions in the service of society.
• The key areas of this memorandum of understanding are science communication, STI
policy research, traditional knowledge and many more.
TIGA INVESTMENTS RECEIVES CCI'S CLEARANCE TO ACQUIRE STAKE IN

DREAM11
• Why in the news: The Competition Commission of India (CCI) has granted a nod to
Singapore-based TIGA Investments' proposal to acquire a stake in Dream11's parent
company Dream Sports Inc.
IDB JOINS UNDP TO SUPPORT DATA SYSTEMS TO TACKLE CLIMATE CHANGE IN

LATIN AMERICA & THE CARIBBEAN
• Why in the news: The Inter-American Development Bank (IDB) and the United Nations
Development Programme (UNDP) signed an agreement that will help the collection and
sharing of critical climate and weather data, advancing efforts to support climate

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adaptation and enhance regional climate coordination in Latin America and the
Caribbean.
• The IDB will implement the SOFF program starting in Belize with an initial grant of over
$800,000.
o The Systematic Observations Financing Facility (SOFF), a funding mechanism
established in 2021 by the World Meteorological Organization (WMO), UNDP,
and the United Nations Environment Programme (UNEP).
• Following Belize, projects will be rolled out in The Bahamas, Barbados, Ecuador,
Guatemala, Guyana, Haiti, Jamaica, St. Kitts & Nevis, and Trinidad & Tobago.
MINISTRY OF LABOUR & EMPLOYMENT AND AMAZON SIGNS MOU

• Why in the news: Amazon India has signed an MoU with the Ministry of Labour and
Employment (Ministry) to utilise the National Career Service (NCS) portal of the Ministry.
• Reason: To facilitate the posting of available work opportunities at Amazon and its staffing
agencies.
• The MoU aims to enable job seekers across India to view work opportunities and also help
Amazon India and its staffing agencies post job openings and source candidates from the
NCS portal.
SIGNING OF MOUS BETWEEN INSTITUTES OF HOTEL MANAGEMENT (IHMS) AND

LEADING HOSPITALITY GROUPS
• Why in the news: Central Institutes of Hotel Management (CIHMs) under the purview of
Ministry of Tourism, Government of India, entered dedicated Memorandum of
Understanding (MoUs) with 8 leading national and global hospitality groups.
• Reason: To go global with Indian hospitality and skill in India for the world, in tourism and
hospitality
• 8 leading hospitality groups:
o Indian Hotels Company Limited (IHCL)
o IHG Hotels & Resorts
o Marriott International,
o Lalit Suri Hospitality Group
o ITC Group of Hotels
o Apeejay Surrendra Park Hotels
o Radisson Group of Hotels
o Lemon Tree Hotels
INDIA AND REPUBLIC OF UZBEKISTAN SIGN BILATERAL INVESTMENT TREATY IN

TASHKENT
• Why in the news: The Bilateral Investment Treaty (BIT) between the Government of the
Republic of India and the Government of Republic of Uzbekistan was signed at Tashkent,
Uzbekistan.
• Signed by: Union Minister for Finance, Nirmala Sitharaman and H.E. Khodjayev Jamshid
Abdukhakimovich, Deputy Prime Minister of Uzbekistan
• It will increase the comfort level and boost the confidence of investors by assuring a
minimum standard of treatment and non-discrimination, while providing for an
independent forum for dispute settlement through arbitration.

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MEITY AND MCTE FORMALIZED THEIR PARTNERSHIP

• Why in the news: Ministry of Electronics and Information Technology (MeitY) and
Military College of Telecommunications Engineering (MCTE) have formalized their
partnership.
• Reason: To foster innovation and drive technological advancements for defence
applications
• As part of the Atmanirbhar Bharat initiative, MeitY’s R&D organisations handed over various
indigenously developed products to MCTE for potential military use, reinforcing the
nation’s commitment to self-reliance.
TECH MAHINDRA INKS PACT WITH UNIVERSITY OF AUCKLAND TO BOOST

INNOVATION IN AI, ML
• Why in the news: Tech Mahindra has inked a pact with New Zealand's University of
Auckland (UoA) to drive research and innovation in artificial intelligence, machine learning
and quantum computing.
• Aim: To enhance the cooperation between industry and academia, with the goal of improving
UoA graduates' employability
INFOSYS PARTNERS WITH POLESTAR FOR TECHNOLOGY HUB IN INDIA

• Why in the news: Infosys has collaborated with Polestar, the Swedish electric performance
car brand to create a base for Polestar’s development of in-car infotainment, Software and
Electrical / Electronics (SW&EE) engineering, user experience (UX), and cloud-powered
digital services.
• Infosys will establish a global technology hub for Polestar at its development center in
Bengaluru.
ANDHRA PRADESH AND KARNATAKA INK MOU TO ADDRESS WILDLIFE AND

FOREST MANAGEMENT CHALLENGES
• Why in the news: Andhra Pradesh and Karnataka governments have entered into a
Memorandum of Understanding (MoU) to establish a framework for cooperation between
the Forest Departments to address wildlife and forest management challenges.
CITI PARTNERS WITH APOLLO TO FORM $25B PRIVATE CREDIT

• Why in the news: Citigroup has partnered for a $25 billion private credit and direct
lending program, illustrating a growing alliance between banks and non-banks looking for a
slice of the lucrative $2 trillion market, opens new tab.
• Abu Dhabi sovereign wealth fund Mubadala Investment Company and Apollo's annuity
and retirement services unit, Athene, will also participate in the program.
• Private credit:
o It refers to the loans provided by non-bank lenders like Apollo, which are not
subjected to the same degree of regulation as banks.
o Such loans are typically made to risky borrowers or companies looking to clinch
mega buyouts with debt.
ARUNACHAL GOVT SIGNS MOU WITH DELHI'S ILBS FOR CASHLESS TREATMENT

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• Why in the news: The Arunachal Pradesh government has signed a memorandum of
understanding with Delhi's Institute of Liver and Biliary Sciences.
• Reason: To extend the cashless treatment up to Rs 5 lakh to the beneficiaries of the state's
Chief Minister Arogya Arunachal Yojana.
• Under the MoU, the Institute of Liver and Biliary Sciences (ILBS) will offer cashless
treatment based on credit authorisation issued by the Chief Minister Arogya Arunachal
Yojana (CMAAY) on the recommendation of the referral board in the Naharlagun-based Tomo
Riba Institute of Health and Medical Sciences (TRIHMS).
DEPT OF SOCIAL JUSTICE SIGNS AGREEMENT WITH NALSA

• Why in the news: The Department of Social Justice and Empowerment signed an
agreement with the National Legal Services Authority (NALSA) to extend support and
provide legal aid services to marginalized people across the country.
• This MoU will also disseminate information about the new criminal laws among
marginalized communities.
INDIAN ARMY SIGNS 8TH PROCUREMENT CONTRACT UNDER IDEX INITIATIVE

• Why in the news: The Indian Army signed the eighth procurement contract through the
government’s flagship initiative Innovations for Defence Excellence (iDEX) in New Delhi.
o The contract was signed with QuNu Labs for procurement of Generation of
Quantum Secure Key (Quantum Key Distribution).
• This contract will replace the algorithm-based encryption systems thus enabling greater
security and also optimising manpower commitment.
• About iDEX:
o Flagship initiative: Ministry of Defence
o Launched in: April 12, 2018
o Launched by: Prime Minister Narendra Modi
o Aim: To foster innovation & technology development in defence and aerospace by
engaging innovators & entrepreneurs to deliver technologically advanced solutions
for modernizing Indian Military.
o It provides a collaborative platform for stakeholders to co-create and develop
innovative defence technologies
o Funded and managed by: Defence Innovation Organization (DIO)
o Note: DIO was formed as a ‘not for profit company as per Section 8 of the
Companies Act 2013 by the two founder members, i.e. Defence Public Sector
Undertakings (DPSUs) - HAL & BEL.
INDIA SIGNS HIGH SEAS TREATY FOR FAIR, EQUITABLE SHARING OF BENEFITS
• Why in the news: India has signed the Biodiversity Beyond National Jurisdiction (BBNJ)
Agreement to promote the conservation of marine genetic resources and the fair and
equitable sharing of benefits.
• The agreement (High Seas Treaty) is an international accord under the United Nations
Convention on the Law of the Sea (UNCLOS).
• The high seas cover areas nearly two-thirds (64%) of the ocean – almost half the planet’s
surface.

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• It includes some of the most ecologically vital, but critically threatened and least
protected areas on earth; less than 1% of what is fully or highly protected.
• Aim: To address the growing concerns over the long-term protection of marine biodiversity in
the high seas.
Science & Technology and Defence
Science & Technology

SPACEX POLARIS DAWN MISSION
• Why in the news: Polaris Dawn mission of SpaceX has been concluded with a successful
splashdown in the Atlantic Ocean off the coast of Florida, on September 15, 2024.
• This mission has made history for multiple groundbreaking achievements, which are as
follow:
• Under this mission, Isaacman and Gillis performed the world's first private spacewalk.
• The mission set a new record for orbital spaceflight when it reached an orbital altitude of
1,408.1 kilometers, the highest-ever orbit by a crewed spacecraft, since NASA’s Gemini 11
mission in 1966.
BENGALURU START-UP UNVEILS SATELLITE TO OPERATE AT ULTRA-LOW EARTH

ORBIT
• Why in the news: Bengaluru-based space startup Bellatrix Aerospace unveiled Project 200,
an innovative satellite designed to operate at an Ultra-Low Earth Orbit (180 km-250 km) on
the inaugural day of the Bengaluru Space Expo 2024.
• This orbit transforms today’s satellite capabilities exponentially and reimagines the way a
satellite connects with the planet.
AIRTEL ANNOUNCES AI-POWERED SPAM DETECTION SYSTEM BASED ON 250

PARAMETERS
• Why in the news: Bharti Airtel has announced a network-based solution that will use
artificial intelligence (AI) and 250 parameters to detect spam calls and messages for the
telecom company’s customers.
• The solution was developed in-house and will use a proprietary algorithm to identify and
classify calls and text messages as “suspected SPAM”
• It can successfully identify 97 per cent of spam communication.
• The free service is available to all Airtel customers and uses a dual-layer AI shield that
processes an astonishing 1.5 billion messages and 2.5 billion calls daily in just 2
milliseconds.
INDIAN ARMY INDUCTS 100 ROBOTIC MULES; DRONES, HIGH-ALTITUDE TENTS

UNDER CONSIDERATION
• Why in the news: The Indian Army has inducted 100 robotic Multi-Utility Legged
Equipment (MULE) for use in forward (combat) areas, especially in high altitudes.
• These robots can climb stairs, steep hills, and operate in extreme temperatures ranging from
-40 to +55 degrees Celsius.
• Payload weight: 15kg

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INDIAN ASTRONAUT POISED TO MAKE HISTORY AS PILOT OF AXIOM-4 MISSION

TO THE ISS
• Why in the news: Group Captain Shubhanshu Shukla of the Indian Air Force will pilot the
Axiom-4 mission to the International Space Station in 2025.
• Achievements:
o This mission marks India's first human presence aboard the ISS.
o It is also the second government-sponsored human spaceflight, after Wing
Commander Rakesh Sharma's space journey with the Soviet Union in 1984.
• About Axiom-4 Mission:
o It is a private spaceflight to the International Space Station.
o India and the United States collaborated for the Axiom-4 mission.
o Operated by: Axiom Space
o Spacecraft: SpaceX Crew Dragon spacecraft
o Launch vehicle: SpaceX Falcon 9 rocket
o Launch from: Kennedy Space Center in Florida
o Axiom-4 will continue the company's pioneering efforts to establish a sustainable
human presence in Low Earth Orbit (LEO).
o The Ax-4 crew will spend up to 14 days aboard the ISS.
o Team members:
▪ USA: Peggy Whitson (Mission Commander)
▪ India: Shubhanshu Shukla
▪ Poland: Slawosz Uznanski
▪ Hungary: Tibor Kapu
o Training given by: NASA, SpaceX, ESA, and JAXA
TAKEME2SPACE & AZISTA AEROSPACE TO LAUNCH POEM EXPERIENCE CENTRE

IN AHMEDABAD
• Why in the news: TakeMe2Space and Azista Aerospace have established India’s first
PSLV Orbital Experimental Module (POEM) Experience Centre in Ahmedabad.
• Note: TakeMe2Space is an indigenous nano-satellite development company and while,
Azista Aerospace is a Satellite development and manufacturing company.
• It is expected to commence operations in October 2024.
WOMEN IN SPACE LEADERSHIP PROGRAMME LAUNCHED BY DST

• Why in the news: A Women in Space Leadership Programme (WiSLP) was launched by
Department of Science and Technology (DST) in collaboration with the British Council
as part of the UK-India Education and Research Initiative (UKIERI).
• Focus: To support institutions in strengthening gender-inclusive practices to foster women’s
leadership in space sciences by developing a strategic leadership framework.
• Coventry University is the delivery partner in this initiative.
PM MODI DEDICATES TO THE NATION 3 PARAM RUDRA SUPERCOMPUTERS

• Why in the news: Prime Minister Narendra Modi virtually launched three Param Rudra
Super Computing Systems.
• Three Param Rudra Super Computing Systems:

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• Launched at: Delhi, Pune and Kolkata

o (i) Giant Metre Radio Telescope (GMRT) in Pune: It will utilize the
supercomputer to study Fast Radio Bursts (FRBs) and other astronomical
phenomena.
o (ii) Inter-University Accelerator Centre (IUAC) in Delhi: It will advance research in
fields such as material science and atomic physics.
o (iii) S.N. Bose Centre in Kolkata: It will drive advanced research in areas
including physics, cosmology, and earth sciences.
• Aim: To boost India’s scientific research capabilities
• Total cost: Rs 130 crore
• PARAM Rudra series under the aegis of Ministry of Electronics and IT (MeitY) and
Department of Science and Technology (DST)
• They are developed under the National Supercomputing Mission (NSM).
o Note: Under the mission, the first indigenously assembled supercomputer, named
PARAM Shivay, was installed at IIT (BHU) in 2019.
EARTH TO GET A TEMPORARY ‘MINI’ MOON NAMED 2024 PT5

• Why in the news: Earth will temporarily capture a small asteroid, known as 2024 PT5, in
its gravitational field.
• This asteroid comes from the Arjuna asteroid belt, where rocks have orbits similar to
Earth’s.
• This object will become a temporary "mini-moon" from September 29 to November 25.
• This is Earth’s fifth detected mini-moon, also known as a Near Earth object (NEO).
• The first mini-moon, 1991 VG, was spotted in 1991.
• 2024 PT5 will not be visible to the naked eye due to its size and dimness, only professional
equipment can capture images.
NASA & SPACEX LAUNCH CREW-9 MISSION TO ISS TO BRING SUNITA WILLIAMS
BACK TO EARTH
• Why in the news: NASA and SpaceX spacecraft carrying Crew-9 members, astronaut Nick
Hague and Roscosmos cosmonaut Aleksandr Gorbunov, left for the International Space
Station (ISS) to bring Indian-origin astronaut Sunita Williams back to Earth.
• Sunita Williams and Barry Willmore travelled to the ISS abroad in Boeing’s Starliner space
shuttle in its first crewed mission on June 5 for an originally planned stay of 8 days.
• The duo is now expected to return in February 2025.
Defence
RAKSHA MANTRI FLAGS-IN FIRST-OF-ITS-KIND OPEN WATER SWIMMING
EXPEDITION
• Why in the news: Raksha Mantri, Rajnath Singh has flagged-in a first-of-its-kind Open
Water Swimming Expedition to the 21 Islands of the Andaman & Nicobar archipelago, in
New Delhi.
o Note: On January 23, 2023 (observed as Parakram Diwas), Prime Minister
Narendra Modi had named 21 largest unnamed islands of Andaman & Nicobar
after the Param Vir Chakra awardees.
• The Tri-service Andaman & Nicobar Command launched ‘Expedition Param Vir’.
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• A team of personnel from the Indian Army, Indian Navy, Indian Air Force and Indian
Coast Guard undertook swimming to all the 21 islands as a tribute to the valour &
sacrifice of the 21 gallantry awardees and unfurled the National Flag at each island.
• The 11-member expedition team was led by the acclaimed open water swimmer and
Tenzing Norway National Adventure Awardee Wing Commander Paramvir Singh.
DRDO TRANSFERS HIGH-ALTITUDE SUSTENANCE TECHNOLOGIES TO POWER

GRID CORPORATION OF INDIA LTD
• Why in the news: The Defence Institute of Physiology and Allied Sciences (DIPAS), under
DRDO, handed over critical high-altitude sustenance technologies to the Power Grid
Corporation of India Ltd (PGCIL) during an orientation workshop.
• This workshop was organised to prepare employees for high-altitude operations as part
of the 5000 MW Pang-Kaithal High Voltage Direct Current (HVDC) Project in Ladakh.
• The Pang-Kaithal HVDC Project, located at an altitude of 15,760 feet, is a significant step
towards energy security in the region of Ladakh and the wider integration of solar power into
India’s national grid.
• The technologies transferred by DIPAS will support PGCIL in the high-altitude
sustenance of its workforce during the project.
IAF COMPLETES EXERCISE EASTERN BRIDGE-7 WITH ROYAL AIR FORCE OF

OMAN IN MASIRAH, OMAN
• Why in the news: The Indian Air Force has successfully completed Exercise Eastern
Bridge-7 with the Royal Air Force of Oman in Masirah, Oman.
INDIAN NAVAL SHIP TALWAR ARRIVES IN MOMBASA, KENYA

• Why in the news: Indian Navy's frontline stealth frigate, INS Talwar, arrived in Mombasa,
Kenya, to strengthen ties further and reaffirm India's commitment to constructive
collaboration and mutual growth.
• INS Talwar:
o Commissioned on: 18 June 2003
o It is a part of the Indian Navy's Western Fleet, based in Mumbai under the
Western Naval Command.
DEFENCE MINISTER INAUGURATES NEW SAINIK SCHOOL IN JAIPUR

• Why in the news: Defence Minister, Rajnath Singh inaugurated a Sainik school in Jaipur,
Rajasthan.
• This school is a part of the Government’s vision to establish 100 new Sainik Schools pan-
India in PPP mode.
• The Ministry of Defence has approved 45 in collaboration with state governments, NGOs
and private schools.
• 40 of these schools have started operations, and Sainik School, Jaipur is among them.
INDIAN NAVY TO HOST 5TH EDITION OF GOA MARITIME SYMPOSIUM

• Why in the news: The Indian Navy will host the fifth edition of the Goa Maritime
Symposium at Naval War College, Goa, from 24th September 2024.

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• Theme 2024: Common Maritime Security Challenges in the Indian Ocean Region:
Progressing Lines of Efforts to Mitigate Dynamic Threats such as illegal and unregulated
fishing and other illegal maritime activities.
• The two-day symposium will see the participation of Naval representatives from 12 Indian
Ocean Littoral countries.
o These are Bangladesh, Comoros, Indonesia, Madagascar, Malaysia, the Maldives,
Mauritius, Myanmar, the Seychelles, Singapore, Sri Lanka, and Thailand.
• Observer countries: Kenya and Tanzania
RUSSIA, CHINA WARSHIPS ENTER SEA OF OKHOTSK FOR DRILLS

• Why in the news: A detachment of warships of Russia’s Pacific Fleet and the Chinese Navy
entered the Sea of Okhotsk in the western Pacific as part of joint navy exercises.
• Both countries started the joint Russian-Chinese “Beibu/Interaction – 2024” naval
exercise that would include anti-aircraft and anti-submarine weapons.
• The Sea of Okhotsk in the western Pacific Ocean is located between Russia’s Kamchatka
Peninsula on the east, the Kuril Islands on the southeast and Japan’s island of Hokkaido
to the south.
THE FIFTH EDITION OF GOA MARITIME SYMPOSIUM 2024

• Why in the news: The fifth edition of Goa Maritime Symposium (GMS) 2024 was hosted
by the Indian Navy from 23rd to 24th September 2024 under the aegis of Naval War
College, Goa.
• This edition of the Goa Maritime Symposium was conducted in the state-of-the-art Chola
building of the Naval War College.
• Theme 2024: Common Maritime Security Challenges in the IOR – Progressing Lines of Effort
to Mitigate Dynamic Threats such as IUU Fishing and Other Illegal Maritime Activities
DEFENCE MINISTER RAJNATH SINGH INAUGURATES 41ST COAST GUARD

COMMANDERS’ CONFERENCE
• Why in the news: Raksha Mantri Rajnath Singh inaugurated the 41st edition of the Indian
Coast Guard Commanders’ Conference in New Delhi.
• The three-day meeting serves as a vital forum to engage in meaningful discussions on
strategic, operational, and administrative matters in the backdrop of the evolving geopolitical
landscapes and complexities of maritime security.
INDIA-OMAN JOINT MILITARY EXERCISE AL-NAJAH 5

• Why in the news: The India-Oman joint military exercise, AL-NAJAH 5 – 2024, currently
underway at the Rabkoot Training Area in Oman.
• Date: 3th September - 26th September
• The Indian Army contingent comprising 60 personnel, is represented by a battalion of the
Mechanised Infantry Regiment, along with personnel from other arms and services.
IRAN UNVEILS ALL NEW AND POWERFUL SUICIDE DRONE 'SHAHED-136B'

• Why in the news: Iran unveiled a new ballistic missile and an upgraded one-way attack
drone at a military parade.

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o Ballistic missile: Jihad

o Drone: Shahed 136B
• About Shahed 136B drone:
o It is the new one-way attack drone.
o It is also known as a 'kamikaze' drones.
• About Jihad Ballistic missile:
o It is a single-stage liquid-fuel ballistic missile with a high-explosive detachable
warhead and a range of 1,000 km.
DRDO SIGNS MOU WITH IIT DELHI TO DEVELOP ABHED

• Why in the news: Defence Research and Development Organisation (DRDO) has signed an
MoU with the Indian Institute of Technology (IIT) Delhi.
• Reason: To develop Light Weight Bullet Proof Jackets named ABHED (Advanced Ballistics
for High Energy Defeat).
• About ABHED:
o Designed and developed: DRDO Industry Academia Center of Excellence (DIA-
COE) (formerly JATC) at IIT Delhi
o Modular configurations and 360° protection
o Ergonomic design for Indian soldiers and security forces
o Total protection area: 3400 cm2
o There are two types of ABHED i.e. ABHED: BIS Level 5 and ABHED: BIS Level 6
o ABHED: BIS Level 5
▪ Weight: 8kg
▪ Front HAP strike face defeats 8 Hardened steel core bullets of AK47 with
BFS less than 25 mm
o ABHED: BIS Level 6
▪ Weight: 9.3 kg
▪ Front HAP strike face defeats 6 Sniper bullets with BFS less than 25mm
DRDO TO FUND FIRST-OF-ITS-KIND DEEP TECH RESEARCH FOR MILITARY USE

• Why in the news: The Defence and Research and Development Organisation (DRDO) will
launch a first-of-its-kind initiative that will remodel its research programme towards
emerging technologies for military usage.
• Supported by: ₹1-lakh crore corpus
• DRDO is funding five high-value deep tech innovation projects
• Each project having been allotted a maximum of ₹50 crore.
• Aim: To promote indigenisation of defence products having long-term positive impact on
national security.
• Global instances: US Defence Advanced Research Projects Agency (DARPA)
• Maximum of 20% grant would be released in the first instalment and the remaining would
follow on the basis of appraisals by an integrated team.
TATAS TO SET UP DEFENCE FACTORY ABROAD

• Why in the news: Tata Advanced Systems Ltd (TASL) is establishing a defence
manufacturing plant in Casablanca, Morocco.
• Achievement: India's first overseas defence factory

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• The plant will produce Wheeled Armoured Platforms (WhAP), developed by DRDO, for the
Royal Moroccan Armed Forces and aims to serve the broader African market.
VAYU VEER VIJETA CAR RALLY TO BE ORGANISED FROM THOISE IN LADAKH TO

TAWANG IN ARUNACHAL PRADESH
• Why in the news: 7,000-km long ‘Vayu Veer Vijeta’ car rally from Thoise (Ladakh) to
Tawang (Arunachal Pradesh) is being organised to mark the 92nd anniversary of Indian
Air Force (IAF) on October 08, 2024.
• Raksha Mantri Rajnath Singh will give a warm send-off to the rally from the National War
Memorial, New Delhi on October 01, 2024.
• The rally will culminate at Tawang on October 29, 2024.
• Note:
o Thoise is one of the world's highest altitude air force stations at 3,068m above
mean sea level.
EIGHTH EDITION OF INDIA-KAZAKHSTAN JOINT MILITARY EXERCISE KAZIND-

2024 COMMENCES
• Why in the news: The eighth edition of India-Kazakhstan Joint Military Exercise KAZIND-
2024 commenced in Auli, Uttarakhand.
• Date: 30th September to 13th October 2024
• The Indian Armed Forces, comprising 120 personnel, are represented by a battalion of the
KUMAON Regiment of the Indian Army.
• Aim: To enhance the joint military capability of both sides to undertake counter-terrorism
operations
• Note:
o Last edition: Otar, Kazakhstan from 30th October to 11th November 2023.
INS TALWAR'S VISIT TO MOMBASA CONCLUDES WITH MARITIME EXERCISE

• Why in the news: INS Talwar has concluded its visit to port call at Mombasa, Kenya, from
22 to 25 September 2024.
• Reason of visit: To strengthen growing ties of India with East Africa in accordance with
Prime Minister's Vision of SAGAR (Security and Growth for All in the Region)
• During the harbour phase, personnel from the Indian Navy and Kenyan Navy engaged in a
wide range of professional interactions and cross-exchange visits, to bolster
interoperability and enhance cooperation.
Indices/Rankings & Reports
Indices/Rankings
INDIAN MIGRANTS TOP LIST OF EDUCATED GLOBAL POOL IN US AT 14%: THINK
TANK

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• Why in the news: According to a study by the Migration Policy

Institute (MPI), a US-based think tank, Indian migrants have
emerged as the largest group of educated immigrants in the US.
• They are accounting for 14% of the global pool of educated
immigrants.
INDIA RANKS AS THIRD MOST POWERFUL NATION IN ASIA

IN ASIA POWER INDEX 2024
• Why in the news: India has surpassed Japan to become the third
most powerful nation in Asia, as per the Asia Power Index 2024.
• Key Factors Behind India’s Rise: Economic Growth, Future
Potential, and Diplomatic Influence
• Criteria and Parameters of Power Measurement:
o Resource-Based Determinants: Economic Capability,
Military Capability, Resilience, and Future Resources
o Influence-Based Determinants: Economic
Relationships, Defense Networks, Diplomatic Influence,
and Cultural Influence
• Study released by: Lowy institute
• The Asia Power Index ranks 27 countries and territories based on their capacity.
• Top five countries: The USA, China, India, Japan, and Australia
• Note: This index was first launched in 2018.
QS GLOBAL MBA RANKINGS 2025

• Why in the news: According to QS Global MBA Rankings 2025, three Indian Institutes of
Management (IIMs) have figured in world's top 100 for their MBA courses.
• QS Global MBA Rankings 2025:
• Top 5:
1. Stanford Graduate School of Business, United States
2. Penn (Wharton), United States
3. Harvard Business School, United States
4. MIT (Sloan), United States
5. London Business School, United Kingdom
• Top Indian Institutions:
Name Indian Institution Ranking
Indian Institute of Management Bangalore 53rd
IIM Ahmedabad 60th
IIM Calcutta 65th
Indian School of Business, Hyderabad 86th
Indian Institute of Management (IIM) - Kozhikode 151-200
Indian Institute of Management Indore 201-250
Indian Institute of Management Lucknow
Indian Institute of Management Udaipur
LINKEDIN'S TOP INDIAN STARTUPS 2024

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• Why in the news: Zepto (E-grocery startup) has become the first startup in the country to
cross the billion-dollar valuation mark and also leads as LinkedIn’s top Indian startup of
2024.
o Note: Zepto founders are Kaivalya Vohra and Aadit Palicha, emerged as the
youngest billionaires in India, with a net worth of INR 3,600 crore and Rs 4,300
crore, respectively, according to the 2024 Hurun Rich List.
• List of LinkedIn’s top 10 Indian startup of 2024
Rank Company Industry Headquarters Year

Founded
1 Zepto Technology, Information and the Internet Mumbai 2021
2 Sprinto Software Development Bengaluru 2019
3 Lucidity Software Development Bengaluru 2021
4 GrowthX Social Networking Platforms Pune 2021
5 Jar Financial Services Bengaluru 2021
6 Wiingy Internet Marketplace Platforms Bengaluru 2021
7 SourceBae Internet Marketplace Platforms Indore 2019
8 BiofuelCircle Software Development Pune 2020
9 Supersourcing Technology, Information and the Internet Indore 2020
10 Battery Smart Transportation, Logistics, Supply Chain and Gurugram 2019
Storage
INDIA RISES TO 39TH PLACE IN GLOBAL INNOVATION INDEX 2024

• Why in the news: Global Innovation Index 2024 has been released by World Intellectual
Property Organization’s (WIPO).
• Pillars of GII: (1) Institutions, (2) Human capital and research, (3) Infrastructure, (4) Market
sophistication, and (5) Business sophistication, (6) Knowledge and technology outputs, and
(7) Creative outputs
• Highlights of Global Innovation Index 2024:
o Total Economies: 133
o Edition: 17th
o Top 5 nations: Switzerland, Sweden, the US, Singapore, and the UK
▪ Switzerland ranks first in the GII for the 14th consecutive year.
o India rank: 39th (Score: 38.3)
▪ India ranked 40th in GII 2023.
▪ India's ranking in different categories:
• Innovation economies by income group: India lead in Lower
middle-income group
• Innovation economies by region: India lead in Central and
Southern
• India, along with Moldova and Vietnam led as the longest-standing
innovation overperformers, for a 14th consecutive year.
• Mumbai, Delhi, Bengaluru, and Chennai are listed among the
World’s Top 100 S&T clusters
• India is 7th globally in intangible asset intensity
o Fastest climbers over the past decade: China, Turkey, India, Vietnam, and the
Philippines
• Note:
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o 4th in the World Intellectual Property Organization (WIPO) Science & Technology
(S&T) Cluster Ranking
HURUN INDIA UNDER-35 LIST 2024

• Why in the news: The Hurun India has released its Under-35 list for 2024.
• Top 10, 2024 Hurun India Under35s:
• Youngest Women – 2024 Hurun India Under35s:
• The 2024 Hurun India Under35s List recognises entrepreneurs from 41 cities, with 37%
concentrated in the two major startup hubs of Bengaluru and Mumbai, with 29 and 26
entrants, respectively.
o New Delhi follows with 21 entrants.
• State wise, Maharashtra leads the list with 33 entrants, followed by Karnataka with 30.
WORLD TALENT RANKING 2024

• Why in the news: According to the IMD's recent World Talent Ranking 2024, Switzerland
excels in investment, development, and appeal factors.
• Top ten countries in the 2024 World Talent Ranking are as follows:
o 1. Switzerland: 100
o 2. Singapore: 85.65
o 3. Luxembourg: 81.69
o 4. Sweden: 81.02
o 5. Denmark: 78.49
o 6. Iceland: 77.94
o 7. Norway: 77.92
o 8. Netherlands: 77.88

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o 9. Hong Kong SAR: 77.22

o 10. Austria: 77.17
• India's 2024 ranking: 58th globally (2023: 56th, 2022: 52nd)
MARK ZUCKERBERG ENTERS $200 BILLION CLUB, BECOMES WORLD'S FOURTH-

RICHEST
• Why in the news: According to the Bloomberg's Billionaire Index, Mark Zuckerberg's
fortune now stands at $201 billion, making him the fourth-richest person in the world.
• Top three richest person (Globally):
o Amazon founder Jeff Bezos ($211 billion)
o LVMH Chairman Bernard Arnault ($207 billion)
o Tesla's Elon Musk ($272 billion)
• With $116 billion, Mukesh Ambani stands at 12.
2024 BEST COUNTRIES RANKING FROM U.S. NEWS & WORLD REPORT
• Why in the news: The ninth edition of the 2024 Best Countries ranking from U.S. News &
World Report, in partnership with the Wharton School of the University of Pennsylvania,
released.
Category Top 5 Countries India’s Rank
Top five countries (Overall) Switzerland, Japan, United 33
States, Canada, and Australia
Best Countries For Quality Of Denmark, Sweden, Switzerland, 40

Life Norway, and Canada
Best Countries For Germany, United States, 32
Entrepreneurship Japan, United Kingdom, and
Switzerland
Best Countries For Cultural Italy, France, United States, 34
Influence Spain, and Japan
Best Countries For Adventure Brazil, Italy, Greece, Spain, and 58
Thailand
KERALA CLAIMS TOP SPOT IN URBAN GOVERNANCE INDEX

• Why in the news: According to the two-year study conducted by the Praja Foundation,
Kerala has emerged as the leader in Urban Governance Index 2024.
• Top 5 Indian states: Kerala, Odisha, Maharashtra, Chhattisgarh, and Madhya Pradesh
• Bottom 5 states: Nagaland, Manipur, Meghalaya, Chandigarh, and Punjab
Reports

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HYBRID, EVS EACH COULD HAVE 8 PER CENT

MARKET SHARE BY FY28: ICRA
• Why in the news: According to the ICRA, rating agency,
hybrid cars and electric vehicles (EVs) could have an
eight per cent volume share in the Indian domestic
passenger vehicle market by 2027–28.
• Share of compressed natural gas (CNG)-run cars to be
increased to 18% by 2027-28.
INDIANS MOST-EDUCATED IMMIGRANTS IN US; CHINESE RUNNER-UP

• Why in the news: According to the US-based think
tank, Migration Policy Institute (MPI) study,
Indians are leading the pool of educated
immigrants in the US.
• India contributing 14% of the total educated
immigrant population in the US.
• Followed by, China (including Hong Kong)
accounted for 1.1 million educated
immigrants, making up 7.9% of the total.
• Philippines and Mexico came next, with 7% and 6%, respectively.
INDIA LIKELY TO ADD 23 GW SOLAR POWER CAPACITY IN 2024

• Why in the news: According to the Ember report, solar power capacity addition in India is
expected to grow at 77% Y-o-Y to 23 gigawatts (GW) in 2024.
• India along with China, the US, Germany and Brazil is on track to account for 75% of the
world’s solar capacity addition in 2024.
• Ember estimation: The world will install 593 GW of solar panels in 2024.
INDIA’S POPULATION GROWTH ON A DOWNWARD TRAJECTORY: SBI REPORT

• Why in the news: According to the SBI’s economic research department (ERD) report title
'Precursor to Census 2024: The Fine Prints of a Rapidly Changing Nation', the average
annual exponential growth of India’s population is on a downward trajectory.
• It is expected to decline from 2.20% in 1971 to 1% in 2024, placing the national
population in the range of 138-142 crore in 2024.
• The median age of India is expected to increase from 24 years in 2021 to 28-29 years in
2023/24.
• India fares quite well on median age parameter compared to China, whose median age is
now 39.5 years, up from 34.5 years in 2011.
UNEMPLOYMENT RATE REMAINS UNCHANGED AT 3.2PC IN JULY 2023 TO JUNE

2024
• Why in the news: The Periodic Labour Force Survey Annual Report July 2023-June 2024
has been released by National Sample Survey Office (NSSO), Ministry of Statistics &
Programme Implementation.

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• Edition: 7th
• Other findings:
Periodic Labour Force Survey Annual Report July 2023-June 2024
Age Bracket Key Components Current Status Male Female
Labour Force 60.1% 78.8% 41.7%
Participation Rate (LFPR) (Note: Overall LFPR during July 2022 –
15 years June 2023: 57.9%)
and above Worker Population Ratio 58.2% 76.3% 40.3%
(WPR) (Note: The overall WPR during July
2022 – June 2023: 56.0%)
Unemployment Rate (UR) 3.2% 3.2% 3.2%
(Note: July 2022 – June 2023: Male
(3.3%) & Female (3.2%)
• Note: National Sample Survey Office (NSSO) launched Periodic Labour Force Survey
(PLFS) in April 2017.
UNION MINISTER B.L. VERMA LAUNCHES SEVERAL NEW INITIATIVES ON SIGN

LANGUAGE DAY 2024
• Why in the news: Union MoS for Social Justice & Empowerment (SJE), B.L. Verma has
launched several new initiatives On Sign Language Day 2024 (23rd September).
• Key Initiatives:
o Launch of 100 foundational concept videos in Indian Sign Language (ISL) for
Class 6 subjects, including Science, Social Science, Mathematics, and English.
o Introduction of 2,500 new sign words in the ISL Dictionary
▪ Collab with: Indian Sign Language Research and Training Centre (ISLRTC) +
(YUNIKEE, India Signing Hands, Bridge Connectivity Solutions, and
Anuprayaas)
o Unveiling of the ISL Dictionary:
▪ It is now available in 10 different languages (Tamil, Assamese, Marathi,
Gujarati, Kannada, Telugu, Bengali, Odia, Punjabi, and Malyalam)
o Release of Deaf Role Model videos, developed by Indian Signing Hands, to inspire
the community.
o Inauguration of the SWAAS platform, offering access to websites of 25 National
Institutes/Composite Regional Centers and the Ministry.
NBFC LOAN GROWTH TO MODERATE TO 18% IN FY25, SAYS S&P GLOBAL

RATINGS
• Why in the news: According to the S&P Global Ratings, loan growth of rated finance
companies in India will moderate to 18 per cent during the current financial year (FY25)
from 20 per cent in FY24.
• S&P Global report title: Indian Fincos’ Balancing Act
• Expectations:
o Retail loans by banks and finance companies in India could triple by 2030,
driving household leverage to 34% by fiscal year 2031 from about 23% at end
2024.
o Finance companies will sustain loan growth stronger than the banking sector,
which is expected to grow at 14 per cent.

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ORGANISED GOLD LOANS OFFERED BY BANKS, NBFCS MAY TOP RS 10 TRN BY

FY25: ICRA
• Why in the news: According to the rating agency ICRA, cumulatively, organised gold loans
offered by banks and non-banking finance companies (NBFCs) are set to top Rs 10 trillion
in FY25.
• It will potentially touch Rs 15 trillion by March 2027.
• The gold loan segment has expanded at a compound annual growth rate (CAGR) of 25%
between FY20 and FY24.
• While banks expanded their gold loan portfolio by 26 per cent and the NBFCs expanded
this segment by 18 per cent.
• Bank gold loan growth was driven by agriculture loans backed by gold jewellery.
UNION HEALTH MINISTRY RELEASES NATIONAL HEALTH ACCOUNTS ESTIMATES

FOR INDIA 2020-21 AND 2021-22
• Why in the news: The Union Health Ministry released the National Health Account (NHA)
estimates for India 2020-21 and 2021-22.
• These estimates are the eighth and ninth in the series of reports.
• Released: Annually
• Findings:
o The decline in Out-of-Pocket expenditure from 64.2% in 2013-14 to 39.4% in
2021-22 reflects a very positive indicator.
o More than Rs 1 lakh crore savings have accrued from the Ayushman Bharat
PMJAY.
o Government expenditure for healthcare continues to increase in the country.
o The share of Government Health Expenditure (GHE) in the overall GDP of the
country has increased from 1.13% in 2014-15 to 1.84% in 2021-22.
o In terms of share in the General Government Expenditure (GGE), it has
increased from 3.94% in 2014-15 to 6.12% in 2021-22.
o In per capita terms, GHE has tripled, from Rs. 1,108 to Rs. 3,169 between 2014-
15 to 2021-22.
o In the Total Health Expenditure (THE) of the country between 2014-15 and 2021-
22, the share of GHE has increased from 29% to 48%.
DIAMOND POLISHING INDUSTRY REVENUE MAY FALL TO 10-YEAR LOW: REPORT

• Why in the news: According to the CRISIL ratings, revenue of the natural diamond
polishing industry may drop to decadal low after expected fall of 27% to $12 billion this
fiscal.
• The muted demand in the US and China has led to fall in exports even as diamond prices
have dipped 10-15 per cent amid oversupply.
• This apart, lab-grown diamonds (LGDs) have gained market share due to their affordability
and high resemblance to the natural ones.
INDIA’S OIL DEMAND TO GROW BY 8 MB/D BETWEEN 2023-2050, THE HIGHEST

GLOBALLY: OPEC

Crack Grade B 59
• Why in the news: According to the World Oil

Outlook (WOO) report, released by OPEC, Oil
demand in India (world’s third largest crude oil
importer) is likely to grow by 8 million barrels
per day (mb/d) between 2023 and 2050, which
is the highest rate of growth globally.
o Oil demand in the world’s fastest
growing emerging economy is expected
to grow from 5.3 mb/d in 2023 to 13.3
mb/d in 2050.
• India’s current oil demand composition is
characterised by a relatively high share of diesel/
gasoil, which accounts for around 35 per cent of total demand.
• In fact, the share of diesel/ gasoil is set to expand to 38 per cent by 2040 before declining
to 37 per cent in 2050, mainly due to expanding freight transport and industrial
production.
WORLDWIDE INFANT MORTALITY RATE DROPS BY TWO-THIRD OVER 50 YEARS:

REPORT
• Why in the news: According to a recent study by Andrew Shattock and an international
research team published in The Lancet and shared by Our World in Data, over the last 50
years, infant mortality rates have drastically fallen worldwide, dropping by more than
two-third from 10 per cent in 1974 to less than 3 per cent.
• Reason: This decline has been the global expansion of vaccination programmes
• Vaccines alone have reduced infant mortality by 40 per cent.
• The study estimates that without vaccines, infant mortality rates would be much higher.
Awards, Books & Festivals
Awards
GUJARAT WINS MOST AWARDS AT RENEWABLE ENERGY MEET
• Why in the news: The 4th edition of the Global Renewable Energy Investors Meet and
Expo, held from 16 – 18 September 2024 at Mahatma Mandir, Gandhinagar, Gujarat, India.
• Organised by: Ministry of New and Renewable Energy (MNRE)
• Several awards were awarded in different categories, these are:
o Maximum number of awards: Gujarat
▪ Ranked first position in overall renewable energy capacity achieved and
overall wind power capacity category.
▪ Ranked second under overall solar power capacity (Rajasthan topped)
o Other top ranked states under these categories:
▪ Rajasthan (bagged two awards),
▪ Tamil Nadu (two)
▪ Karnataka (two)
o Himachal Pradesh and Uttarakhand one each under overall hydro power capacity
achievers category.

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MAGNUS CARLSEN, JUDIT POLGAR FELICITATED AT FIDE 100 AWARDS

• Why in the news: Magnus Carlsen and Judit Polgar were felicitated with the best male and
female player awards, respectively at the FIDE 100 Awards ceremony in Hungary.
ACTOR CHIRANJEEVI HONOURED WITH GUINNESS WORLD RECORD

• Why in the news: Telugu actor Chiranjeevi was honoured with the 'Most Prolific Film Star
in Indian Cinema' by The Guinness World Records.
• Reason: He set a record for his dance performances with over 537 songs and 24,000 dance
moves in 46 years.
RHEA SINGHA CROWNED MISS UNIVERSE INDIA 2024

• Why in the news: Rhea Singha (Gujarat) has been crowned Miss Universe India 2024 and
she will now represent India at the global Miss Universe 2024 pageant.
GRSE RECEIVES PRESTIGIOUS ‘CHRO OF THE YEAR AWARD’ AT 23RD ASIA

PACIFIC HRMC 2024
• Why in the news: DIG Subrato Ghosh, ICG(Retd.), Director (Personnel), Garden Reach
Shipbuilders & Engineers Ltd. (GRSE), has been honored with the prestigious ‘CHRO of the
Year Award’ at the 23rd Edition of Asia Pacific HRMC Awards 2024.
VINOD BACHCHAN HONORED AT THE HOUSE OF LORDS, UK PARLIAMENT

• Why in the news: Indian producer Vinod Bachchan was honoured with the prestigious
Global Prestige Award at the House of Lords, UK Parliament.
• Reason: For his significant contributions to the Indian film industry
AGRITECH FIRM FARMERP GETS UAE TECHNOLOGY EXCELLENCE AWARD

• Why in the news: FarmERP has been awarded the UAE Technology Excellence Award in
the Agritech category.
• FarmERP is the only Indian Agritech company to receive this award in the Middle East.
DEEPAK NITRITE CMD, DEEPAK C MEHTA, HONORED WITH ICC LIFETIME

ACHIEVEMENT AWARD 2023
• Why in the news: Deepak C Mehta, Chairman and Managing Director of Deepak Nitrite
Limited, has been conferred the prestigious Lifetime Achievement Award by the Indian
Chemical Council (ICC) 2023 at the 59th ICC Annual Awards Function in Mumbai.
IIFA 2024
• Why in the news: The award ceremony of the International Indian Film Academy (IIFA)
Awards 2024 was held in Abu Dhabi.
• List of IIFA 2024 Winners:
o Best Picture: Animal (Director: Sandeep Reddy Vanga)
o Best Director: Vidhu Vinod Chopra (12th Fail)
o Performance In Leading Role (Female): Rani Mukerji (Mrs. Chatterjee vs Norway)
o Performance In Leading Role (Male): Shah Rukh Khan (Jawan)
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o Performance In Supporting Role (Female): Shabana Azmi (Rocky Aur Rani Kii
Prem Kahaani)
o Performance In Supporting Role (Male): Anil Kapoor (Animal)
o Outstanding Contribution to Indian Cinema – Jayantilal Gada, Hema Malini
o Achievement on completing 25 years in cinema – Karan Johar
MINISTRY OF TOURISM ANNOUNCES WINNERS OF BEST TOURISM VILLAGES

COMPETITION-2024
• Why in the news: Ministry of Tourism announced winners of the Best Tourism Villages
Competition 2024 on the occasion of World Tourism Day (27th September, 2024).
• Aim: To promote tourism to the Soul of India (India’s villages)
o Note: The Best Tourism Villages Competition was introduced in 2023 to
identify and recognize villages which preserve and promote cultural and natural
assets through community-based values and commitment to sustainability in all
aspects.
• 36 villages were recognized as winners across 8 categories of the Best Tourism Villages
Competition.
• 8 Categories are as follow:
1. Adventure Tourism
2. Agri Tourism
3. Community Based Tourism
4. Craft
5. Heritage
6. Responsible Tourism
7. Spiritual And Wellness
8. Vibrant Village
2024 SASTRA RAMANUJAN PRIZE

• Why in the news: Alexander Dunn (Georgia Institute of Technology, U.S.) has been
awarded the prestigious 2024 SASTRA Ramanujan Prize.
• This honor will be presented at the International Conference on Number Theory, which
will take place from December 20-22, 2024, at SASTRA University in Kumbakonam,
South India.
• SASTRA Ramanujan Prize:
o Instituted by: the Shanmugha Arts, Science, Technology & Research Academy
(SASTRA)
o Instituted in: 2005
o Given By: SASTRA University, Tamil Nadu
o Award Money: USD 10,000
o Eligibility: It is awarded to individuals aged 32 and below for outstanding
contributions in the field of mathematics, particularly those influenced by the work
of Srinivasa Ramanujan.
LEGENDARY ACTOR MITHUN CHAKRABORTY TO BE HONOURED WITH DADA

SAHEB PHALKE AWARD
• Why in the news: Legendary Actor Mithun Chakraborty will be honoured with Dadasaheb
Phalke Award at the 70th National Film Awards ceremony in October 2024.
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NHAK RECOGNIZED AS BEST PERFORMING HOSPITAL UNDER AYUSHMAN

BHARAT PMJAY
• Why in the news: Naga Hospital Authority Kohima (NHAK) has been recognized as the
best-performing hospital in Kohima district under the Ayushman Bharat Pradhan Mantri
Jan Arogya Yojana (PMJAY).
• The recognition was given during a program commemorating the 6th anniversary of PMJAY
and the 3rd anniversary of the Ayushman Bharat Digital Mission in Kohima.
Books
UNION MINISTER OF TEXTILES SHRI GIRIRAJ SINGH LAUNCHES ‘PARIDHI 24X25’
• Why in the news: Union Minister of Textiles, Giriraj Singh has launched India-specific
fashion trend book, “Paridhi 24x25” a bilingual web portal of VisioNxt and the AI
Taxonomy e-book.
• VisioNxt is India’s first-ever initiative that combines Artificial Intelligence (AI) and
Emotional Intelligence (EI) to generate fashion trend insights and forecasts.
CM DHAMI RELEASES "KHAKI MEIN STHITAPRAGYA" WRITTEN BY FORMER DGP,

UTTARAKHAND
• Why in the news: Chief Minister Pushkar Singh Dhami released the book "Khaki Mein
Sthitapragya" written by former Director General of Police of Uttarakhand, Anil Raturi.
Festivals
Sports
JASPRIT BUMRAH JOINS ELITE CLUB WITH 400 INTERNATIONAL WICKETS
• Why in the news: Indian cricketer, Jasprit Bumrah has become the 10th Indian bowler to
reach the milestone of 400 international wickets.
• This feat was accomplished during the first Test against Bangladesh at Chennai.
• Total matches (as of now): 196
• Anil Kumble took highest number of wickets i.e. 953 wickets, followed by Ravichandran
Ashwin (744 wickets), Harbhajan Singh (707 wickets), and Kapil Dev (687 wickets)
NAZIRA BANOO WINS GOLD IN TAEKWONDO AT KHELO INDIA WOMEN’S LEAGUE

• Why in the news: Nazira Banoo, a talented athlete from the LOC village of Lato in Kargil, UT
Ladakh, clinched a gold medal in the individual Poomsae under-30 category at the 1st
Khelo India Women’s Taekwondo League Phase 1, held in Vadodara, Gujarat.
• The tournament was organised by the Taekwondo Federation of India in collaboration
with Khelo India
45TH CHESS OLYMPIAD 2024

Crack Grade B 63
• Why in the news: The 45th Chess Olympiad 2024 was held in Budapest, Hungary from 10th
to 23rd September, 2024.
• India's performance:
o Men's team (Open Crown): India (Gukesh D, Praggnanandhaa R, Erigaisi Arjun,
Pentala Harikrishna, and Vidit Santosh Gujrathi)
▪ Note: The USA placed second, followed by Uzbekistan.
o Women's team: India (Dronavalli Harika, Vaishali Rameshbabu, Tania Sachdeva,
Divya Deshmukh, and Vantika Agrawal)
▪ Note: Kazakhstan ranked second and the United States at third.
o Gukesh, Erigaisi, Deshmukh and Agrawal bagged individual gold medals on their
respective boards.
• The next two editions will be hosted Uzbekistan in 2026 followed by Abu Dhabi in 2028.
SANGRAM SINGH BECOMES 1ST INDIAN MALE WRESTLER TO WIN MMA FIGHT AT
GAMA INTERNATIONAL FIGHTING CHAMPIONSHIP
• Why in the news: Indian wrestler Sangram Singh became the first Indian male wrestler to
win an MMA (mixed martial arts) fight at the Gama International Fighting Championship
Tbilisi in Georgia.
• Defeated: Ali Raza Nasir (Pakistan)
• Sangram also registered the fastest win ever by an Indian fighter in the 93 kg division in
the championship.
INDIA-A CLINCHES DULEEP TROPHY IN FINAL AGAINST INDIA-C

• Why in the news: India-A has won the Duleep Trophy, by a margin of 132 runs, held in
Rural Development Trust (RDT) Stadium 'B', Anantapur, Andhra Pradesh.
• Defeated: India C
• India A Captain: Mayank Agarwal
LANDO NORRIS TRIUMPHS IN SINGAPORE GRAND PRIX 2024

• Why in the news: Lando Norris (McLaren) has secured his third career victory in Formula 1
Singapore Grand Prix 2024.
INDIAN TENNIS DUO JEEVAN NEDUNCHEZHIYAN & VIJAY SUNDAR PRASHANT

WIN HANGZHOU OPEN DOUBLES TITLE
• Why in the news: Indian tennis duo Jeevan Nedunchezhiyan and Vijay Sundar Prashanth
won the doubles title in the ATP 250 Hangzhou Open 2024.
• They defeated the German pair of Constantine Frantzen and Hendrik Jebens
BAI ANNOUNCES CASH REWARDS FOR MEDAL-WINNING PARA SHUTTLERS AT

PARIS PARALYMPICS 2024
• Why in the news: The Badminton Association of India (BAI) has announced a total reward
of ₹50 lakh for the para-shuttlers who won medals at the Paris Paralympics 2024.
• Gold medallists will be rewarded ₹15 lakh, while the silver medal winners will receive ₹10
lakh.
• Total awards at Paris Paralympics 2024: 5 (one gold, two silver and two bronze)

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• List of Winners:
o Nitesh Kumar (Men's singles SL3): Gold
o Thulasimathi Murugesan (Women’s singles SU5): Silver
o Suhas Yathiraj (Men’s singles SL4): Silver
o Manisha Ramadass (Women’s singles SU5): Bronze
o Nithya Sre Sivan (Women's singles SH6): Bronze
KAMAL CHAWLA CLINCHES GOLD IN IBSF WORLD 6 RED SNOOKER

CHAMPIONSHIP
• Why in the news: Indian snooker veteran, Kamal Chawla has clinched his maiden IBSF
World 6-Red title in the final at Ulaanbaatar, Mongolia.
• Defeated: Pakistan’s Asjad Iqbal
• India also won three more bronze medals through Malkeet Singh, Vidya Pillai, and
Keerthana Pandian.
INDIAN ROUND OF MOTOGP POSTPONED TO 2026

• Why in the news: The Indian Grand Prix was earlier scheduled to be held in September but
was deferred to March 2025. Now, it can only be held in the early stages of 2026.
INDIAN SHOOTERS WIN TWO TEAM GOLD MEDALS AT JUNIOR WORLD

CHAMPIONSHIP IN PERU
• Why in the news: Indian shooters won team gold in men's and women's 10m air pistol
events at the ongoing Junior World Championship 2024, held in Peru.
o Men's 10m air pistol: Junior men's trio of Umesh Choudhary, Pradhyumn Singh
and Mukesh Nelavalli topped
o Women's 10m air pistol: A team of Kanishka Dagar, Lakshita and Anjali
Chaudhary won gold
POORVA SAWANT SETS NEW MEET RECORD WITH WOMEN’S TRIPLE JUMP GOLD
• Why in the news: Indian athlete, Poorva Sawant has won the women’s triple jump title,
with a jump of 13.25m and also new meet record at Indian Open under-23 athletics meet,
Patliputra Sports Complex.
GULVEER SINGH WINS 5000M GOLD IN CHALLENGE CUP WITH NEW NATIONAL
RECORD
• Why in the news: India's Gulveer Singh set a new national record en route to winning the
men's 5000m gold at the Denka Big Swan Stadium, Yogibo Athletics Challenge Cup of
World Athletics Continental Tour, Niigata, Japan.
• Clocked at: 13:11.82
BCCI ANNOUNCES ₹7.5 LAKH MATCH FEE FOR IPL CRICKETERS

• Why in the news: BCCI has introduced a match fee of ₹7.5 lakhs per game for the players,
who are participating in the Indian Premier League (IPL).
• While a cricketer playing all league matches in a season will get Rs. 1.05 crores in addition
to his contracted amount.

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• Each franchise will allocate INR 12.60 crores as match fees for the season.
SAI CENTRE KARGIL LIFT WINNERS TROPHY AT 1ST LADAKH POLICE

TAEKWONDO TOURNAMENT
• Why in the news: The 1st Ladakh Police Taekwondo Tournament, organised by District
Police Kargil under the Civic Action Programme in collaboration with the Ladakh Taekwondo
Association, concluded at the Badminton Hall in Baroo, Kargil.
• The SAI Centre Kargil lifted the Overall Winners Trophy by securing the highest number
of medals, while AITA Kargil was declared the 1st Runner-Up, and Shargole Taekwondo Club
took the 2nd Runner-Up Trophy.
70TH NEHRU TROPHY BOAT RACE TO BE HELD IN ALAPPUZHA, KERALA

• Why in the news: The 70th Nehru Trophy Boat Race will be held at the tranquil
Punnamada lake in Alappuzha, Kerala.
• The 19 Chundan Valloms or Snake Boats will vie for the coveted silver trophy.
• The Boat Race, usually held on the second Saturday of August annually, was rescheduled
this year in the wake of the Wayanad landslide tragedy in July.
SUNIL CHHETRI BECOMES TOP GOAL SCORER IN ISL HISTORY

• Why in the news: Sunil Chhetri of Bengaluru FC scored against Mohun Bagan Super Giant
in the Indian Super League (ISL) to become the all-time highest goalscorer in the history of
ISL.
• Top 5 highest goal-scorers in ISL history:
Rank Player Team Country Goals

1 Sunil Chhetri Bengaluru FC India 64
2 Bartholomew Ogbeche Various Nigeria 63
3 Roy Krishna ATK Mohun Bagan Fiji 55
4 Ferrán Corominas FC Goa Spain 48
5 Lillianzuale Chhangte Various India 40
INDIA SECURES SAFF UNDER-17 CHAMPIONSHIP TITLE

• Why in the news: India secured the SAFF Under-17 Championship title defeating
Bangladesh 2-0 in the final played at the Changlimithang Stadium in Thimphu, Bhutan.
ISSF JUNIOR WORLD CHAMPIONSHIP: INDIAN PAIR CLINCHED BRONZE IN

SHOOTING
• Why in the news: In Shooting, the Indian pair of Gautami Bhanot and Ajay Malik clinched
Bronze after defeating Croatia in the Air Rifle mixed event in the ISSF Junior World
Championship in Lima, Peru.
o In the same event, China defeated France to win gold.
• Air Pistol mixed event: Lakshita and Pramod (India) – Bronze

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JUNIOR WORLD WUSHU CHAMPIONSHIP 2024

• Why in the news: Indian team bagged seven medals in Junior World Wushu
Championship, which is being held in Bandar Seri Begawan, Brunei.
• India won two gold medals, one silver and four bronze medals.
• Gold Winners: Aryan (48kg, Junior section), Shaurya (48Kg, children section)
BCCI INAUGURATES NATIONAL CRICKET ACADEMY IN BENGALURU

• Why in the news: The Board of Control for Cricket in India (BCCI) inaugurated the new
National Cricket Academy (NCA) in Bengaluru.
• The world-class facility will now be called the BCCI Centre of Excellence (CoE).
• BCCI Centre of Excellence features a total of three world-class grounds and 86 pitches,
including both indoor and outdoor areas.
• It also has 45 outdoor net pitches for practice, all separated by safety nets sourced from
the UK.
ALL-ROUNDER RAVINDRA JADEJA JOINS ELITE CLUB IN TEST CRICKET HISTORY
• Why in the news: World No. 1 Test all-rounder Ravindra Jadeja made history by becoming
the third Indian cricketer to achieve the remarkable feat of scoring 3,000 runs and taking
300 wickets in Test cricket.
• He reached this milestone during the second Test match against Bangladesh at Green
Park in Kanpur.
• He joined the ranks of Kapil Dev and Ravichandran Ashwin, who are the only other players
in Indian cricket history to accomplish the double of 3,000 runs and 300 wickets in Tests.
LAY’S NAMED OFFICIAL SPONSOR OF FIFA WORLD CUP 26 & FIFA WOMEN'S
WORLD CUP 2027
• Why in the news: Lay’s has named as an Official Sponsor of both the FIFA World Cup 26™
and FIFA Women’s World Cup 2027™.
• This marks a global extension of Frito-Lay’s successful role as a Regional Supporter.
Appointments, Conferences & Committee
Appointments
EIGHT HIGH COURTS GET NEW CHIEF JUSTICES
• Why in the news: The Centre notified the appointment of Chief Justices in eight High
Courts. The appointment of Eight Chief Justice of High Courts is as follow:
Name of High Courts Newly appointed Chief Justice of High

Court
Delhi High Court Manmohan
Himachal Pradesh High Court Rajiv Shakdher
Madhya Pradesh High Court Suresh Kumar Kait
Meghalaya High Court Indra Prasanna Mukerji
Kerala High Court Nitin Madhukar Jamdar

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Jammu & Kashmir & Ladakh High Court Tashi Rabstan

Madras High Court KR Shriram
Jharkhand High Court MS Ramachandra Rao
AIR MARSHAL AMAR PREET SINGH APPOINTED AS NEXT CHIEF OF AIR STAFF
• Why in the news: Air Marshal Amar Preet Singh has been appointed as the next Chief of
the Air Staff.
• Replace: Air Chief Marshal Vivek Ram Chaudhari
KALIKESH NARAYAN SINGH DEO ELECTED NRAI PRESIDENT

• Why in the news: Kalikesh Narayan Singh Deo has been elected as the president of
National Rifle Association of India (NRAI).
• NRAI Headquarters: New Delhi
MANU BHAKER APPOINTED BRAND AMBASSADOR FOR MINISTRY OF PORTS,

SHIPPING AND WATERWAYS
• Why in the news: Indian ace shooter, Manu Bhaker, has been appointed as the brand
ambassador for Ministry of Ports, Shipping and Waterways.
• Note:
o Manu Bhaker won two bronze medals in women’s 10m air pistol event and 10m air
pistol mixed team event in Olympics 2024.
o She also became the first Indian woman to win two medals in a single edition of the
Olympic Games.
ANURAG GARG TAKES OVER NCB

• Why in the news: Anurag Garg has been named as the Director General of the Narcotics
Control Bureau (NCB) with tenure lasting until May 23, 2026.
BRIJENDRA PRATAP SINGH CHOSEN AS CMD OF NALCO

• Why in the news: Brijendra Pratap Singh for the post of Chairman and Managing Director
(CMD) of National Aluminium Company Limited (NALCO).
WORLD BOXING CHAMPION NIKHAT ZAREEN JOINS TELANGANA POLICE AS DSP

• Why in the news: Renowned boxer Nikhat Zareen joined the Telangana Police as a Deputy
Superintendent of Police (Special Police).
• She hails from Nizamabad district, Telangana.
RAJASTHAN ROYALS APPOINT VIKRAM RATHOUR AS BATTING COACH

• Why in the news: Rajasthan Royals has appointed former India opener Vikram Rathour as
the team's batting coach ahead of IPL 2025.
NIKE APPOINTS ELLIOTT HILL AS ITS NEW CEO

• Why in the news: Nike has appointed Elliott Hill as its new CEO, replacing John Donahoe.

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AAP LEADER ATISHI SWORN IN AS DELHI CM

• Why in the news: Aam Aadmi Party leader Atishi sworn in as the eighth Chief Minister of
Delhi.
• She is also the third woman chief minister of Delhi, after Sushma Swaraj, Shiela Dixit.
• Atishi has retained the 13 portfolios, including those of education, revenue, finance, power
and PWD.
ALOK RANJAN APPOINTED NCRB CHIEF, AMIT GARG TO HEAD NATIONAL POLICE
ACADEMY
• Why in the news: Alok Ranjan and Amit Garg appointed as the chiefs of National Crime
Records Bureau (NCRB) and Hyderabad-based Sardar Vallabhbhai Patel National Police
Academy (SVPNPA) respectively.
KVS MANIAN TAKES CHARGE AS FEDERAL BANK CHIEF

• Why in the news: Krishnan Venkat Subramanian (KVS Manian) has taken charge as the
Managing Director & CEO of Federal Bank for a period of three years.
• Replaced: Shyam Srinivasan
ANURA KUMARA DISSANAYAKE WON SRI LANKAN PRESIDENTIAL ELECTION

• Why in the news: Anura Kumara Dissanayake (55) won the presidential election of Sri
Lanka.
• Anura secured 42.31% of the vote, while Sajith Premadasa followed with 32.71%, and the
incumbent president, Ranil Wickremasinghe, garnered just 17.27%.
KUMAR TUHIN APPOINTED AMBASSADOR OF INDIA TO NETHERLANDS

• Why in the news: Kumar Tuhin has been appointed as India’s Ambassador to the Kingdom
of the Netherlands.
SHRIRAM FINANCE WELCOMES RAHUL DRAVID AS BRAND AMBASSADOR

• Why in the news: Shriram Finance appointed former Captain and Head Coach of the Indian
Cricket Team, Rahul Dravid, as their brand ambassador.
NEW GLOBAL CLIMATE ’LOSS AND DAMAGE’ FUND NAMES FIRST DIRECTOR
• Why in the news: Ibrahima Cheikh Diong, a finance specialist of Senegalese, has been
named as the first director of the board of the Fund for Responding to Loss and Damage
to help countries ravaged by climate-driven disasters.
• About Fund for Responding to Loss and Damage:
o It was established at the UN Climate Change Conference 2022 (COP27) in
Egypt.
o Operationalized at COP28 in Dubai in 2023.
o The World Bank hosts the fund and serves as an interim trustee and host of
the fund's secretariat.
o Total members: 26 members

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JITENDRA JADHAV APPOINTED DG OF AERONAUTICAL DEVELOPMENT AGENCY

• Why in the news: Jitendra J Jadhav has been appointed Director General of Aeronautical
Development Agency (ADA) by the Government of India.
LT GEN ASIM MALIK NAMED ISI CHIEF

• Why in the news: Lt Gen Muhammad Asim Malik has been appointed as the new Director
General of Pakistan’s spy agency – Inter-Services Intelligence (ISI).
• Replaced: DG Lt Gen Nadeem Anjum
KVS MANIAN TAKES CHARGE AS FEDERAL BANK CHIEF

• Why in the news: Krishnan Venkat Subramanian (KVS Manian) has taken charge as the
Managing Director & CEO of Federal Bank with effect for a period of three years.
• Replaced: Shyam Srinivasan
• HQ of Federal Bank: Aluva, Kerala
SRI LANKA PRESIDENT PICKS HARINI AMARASURIYA AS PM

• Why in the news: President of Sri Lanka, Anura Kumara Dissanayake appointed MP and
former academic Harini Amarasuriya as Sri Lanka’s Prime Minister.
JSW AUTO APPOINTS RAJIV MEHTA AS CHIEF OF BUSINESS

• Why in the news: JSW Group has appointed Rajiv Mehta as chief of business of its mobility
arm JSW Auto.
SHIGERU ISHIBA SET TO BECOME JAPAN’S NEXT PM

• Why in the news: Liberal Democratic Party leader, Shigeru Ishiba will be the next prime
minister of Japan.
• Replace: Current Prime Minister Fumio Kishida
OPPI APPOINTS GSK-CHIEF AS NEW PRESIDENT

• Why in the news: The Organisation of Pharmaceutical Producers of India (OPPI) has
appointed GlaxosmithKilne Pharmaceuticals Managing Director Bhushan Akshikar as its
President, for two years.
UDHAYANIDHI STALIN APPOINTED DEPUTY CM OF TAMIL NADU

• Why in the news: Udhayanidhi Stalin, son of Chief Minister M.K Stalin, has been appointed
as the Deputy CM of Tamil Nadu.
INS ELECTS MV SHREYAMS KUMAR AS PRESIDENT FOR 2024-25

• Why in the news: The Indian Newspaper Society has elected M.V. Shreyams Kumar of
Mathrubhumi as its President for 2024-2025.
o Replace: Rakesh Sharma of Aaj Samaj
• Vivek Gupta of Sanmarg was elected the Deputy President.
• Karan Rajendra Darda of Lokmat the Vice President.

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INDUSIND BANK BOARD OKAYS RE-APPOINTMENT OF KATHPALIA AS MD & CEO

• Why in the news: Sumant Kathpalia has been re-appointed as the managing director and
chief executive officer (MD&CEO) of IndusInd Bank.
• Period: March 24, 2025 upto March 23, 2028
SONY PICTURES NAMES TV HEAD AHUJA CEO

• Why in the news: Ravi Ahuja has been appointed as the new chief executive officer (CEO)
of Sony Pictures Entertainment, Hollywood arm of Tokyo-based Sony Group Corp.
• Replace: Tony Vinciquerra
IPS OFFICER NALIN PRABHAT TAKES CHARGE AS DG OF J&K POLICE

• Why in the news: In Jammu and Kashmir, IPS officer Nalin Prabhat took charge as the
Director General of Jammu and Kashmir Police, replaced R.R. Swain.
TRIPURA GUV INDRA SENA REDDY NALLU SWORN IN AS ACTING GOVERNOR OF

MIZORAM
• Why in the news: Indra Sena Reddy Nallu, Governor of Tripura was sworn in to take
additional charge as the Governor of Mizoram at the Durbar Hall, Raj Bhavan in Aizawl.
• He will hold the office “during the absence on leave” of the incumbent Governor Dr Hari
Babu Kambhampati.
AK SAXENA, CMD, MOIL ASSUMES ADDITIONAL CHARGE OF CMD AT RINL

• Why in the news: AK Saxena, CMD, MOIL assumed additional charge of CMD at RINL, the
corporate entity of Visakhapatnam steel plant.
JITENDRA J JADHAV APPOINTED AS DIRECTOR GENERAL OF AERONAUTICAL

DEVELOPMENT AGENCY
• Why in the news: Jitendra J Jadhav has been appointed as Director General-
Aeronautical Development Agency (ADA) by the Government of India.
Conferences
QUAD LAUNCHES MAITRI MARITIME INITIATIVE IN INDO-PACIFIC
• Why in the news: The QUAD summit 2024, held in Claymont, Delaware, USA, on September
21, 2024, concluded.
• Key highlights of QUAD summit 2024:
• Host Country: The USA
• Location: Wilmington, Delaware
• Hosted by: US President Joe Biden
• Edition: 6th
• Major announcement:
• First-ever Quad-at-Sea Ship Observer Mission (To be Launched):
o Launch in: 2025

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o Launch by: US Coast Guard, Japan Coast Guard, Australian Border Force, and
Indian Coast Guard
o Aim: To improve interoperability and advance maritime safety
• Cancer Moonshot Initiative:
o launched by: QUAD Members (India, United States, Australia and Japan)
o Focus:
▪ Expanding cervical cancer screening;
▪ Increasing vaccinations against the human papillomavirus (HPV)
▪ Common sexually transmitted infection that is the primary cause of cervical
cancer
o India's pledge:
▪ To grant US $7.5 million to cancer testing, screening, and diagnostics in
the Indo-Pacific region
▪ To offer technical assistance to interested countries in the Indo-Pacific region
on Digital public infrastructure (DPI) for cancer screening, care and
continuum through its US $10 million contribution to WHO’s-Global
Initiative on Digital Health.
▪ Indo-Pacific countries will be benefiting from the supply of 40 million doses
of vaccine from India under GAVI and QUAD programs.
• New regional Maritime Initiative for Training in the Indo-Pacific (MAITRI)
o Aim of MAITRI:
▪ To enable partners in the region to maximize tools provided through Indo-
Pacific Partnership for Maritime Domain Awareness (IPMDA) and other
Quad partner initiatives,
▪ To monitor and secure their waters, enforce their laws, and deter unlawful
behaviour
▪ Note: India will host the inaugural MAITRI workshop in 2025.
• Quad Indo-Pacific Logistics Network:
o The launch of pilot project was announced, to pursue shared airlift capacity among
our nations and leverage our collective logistics strengths, in order to support
civilian response to natural disasters more rapidly and efficiently across the Indo-
Pacific region.
• Quad Ports of the Future Partnership
o The launch of this partnership was announced to harness the Quad’s expertise to
support sustainable and resilient port infrastructure development across the Indo-
Pacific, in collaboration with regional partners.
• The Quad welcomes India's establishment of a space-based web portal for Mauritius to
support the concept of open science for space-based monitoring of extreme weather events
and climate impact.
• Note:
o The next Quad Foreign Ministers’ meeting will be hosted by the US in 2025
o The Quad Leaders’ Summit will be hosted by India in 2025.
o In 2025, Quad partners intend to hold the inaugural Regional Ports and
Transportation Conference, hosted by India in Mumbai.
INDIA TO HOST WORLD AUDIO VISUAL & ENTERTAINMENT SUMMIT 2025

• Why in the news: The Union government will host the World Audio Visual & Entertainment
Summit (WAVES) from February 5 to 9, 2025.

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• Location: Bharat Mandapam, New Delhi

• Aim: To bolster the country’s media and entertainment industry and extend its global
influence
• WAVES Pillars:
1. Broadcasting & Infotainment
2. Digital Media & Innovation
3. Animation, Visual Effects, Gaming, and Comics (AVGC)-XR
4. Films
• Organized by: Ministry of Information & Broadcasting
• Partners: FICCI, CII, NFDC
10TH COMMONWEALTH PARLIAMENTARY ASSOCIATION INDIA REGION

CONFERENCE
• Why in the news: The Indian Parliament hosted the two-day 10th Commonwealth
Parliamentary Association (CPA) India Region Conference in New Delhi.
• Chaired by: Lok Sabha Speaker Om Birla (He is also the Chairperson of the CPA India
Region)
• Theme 2024: The Role of Legislative Bodies in the Attainment of Sustainable and Inclusive
Development
• The CPA India Region was created in 2004 from the erstwhile CPA Asia Region as one of
the nine regions of the CPA.
• Currently, it has 31 Member Branches, including the Parliament of India and 30 State and
Union Territories Legislatures.
16TH ASSEMBLY OF THE ASIAN ORGANIZATION OF SUPREME AUDIT

INSTITUTIONS (ASOSAI)
• Why in the news: President of India, Droupadi Murmu, has inaugurated the 16th Assembly
of the Asian Organization of Supreme Audit Institutions (ASOSAI) in New Delhi.
• Chair of ASOSAI (2024-2027): Comptroller and Auditor General of India Girish Chandra
Murmu
• The assembly, hosted by the CAG of India, will run from September 24-27, welcoming
over 200 delegates from 42 countries and international organizations.
DFS SECRETARY NAGARAJU CHAIRS DRT CONFERENCE TO ADDRESS DEBT

RECOVERY CHALLENGES
• Why in the news: M. Nagaraju, Secretary, Department of Financial Services (DFS) chaired a
Conference of Chairpersons of Debt Recovery Appellate Tribunals (DRATs) and Presiding
Officers of Debt Recovery of Tribunals (DRTs) at New Delhi.
• DRT Regulations 2024 which have number of improved features over the earlier DRT
Regulation 2015 to be adopted by all DRTs with an objective to make the DRT process more
effective and less time consuming.
MINISTRY OF AGRICULTURE & FARMERS’ WELFARE ORGANIZES THE NATIONAL

CONFERENCE ON IMPLEMENTING DPI

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• Why in the news: The Ministry of Agriculture & Farmers’ Welfare (MoA&FW) has organized
the National Conference on Implementing Digital Public Infrastructure (DPI) under the
Digital Agriculture Mission in New Delhi.
• Aim: To discuss the implementation of DPI in continuation of the Centre-State collaboration
to integrate digital technologies in agriculture to streamline service delivery and enhance the
efficiency of agricultural schemes
• Focus: On the implementation of components of the Digital Agriculture Mission such as
Agri Stack, Krishi DSS, soil profile mapping and others
INAUGURATION OF NATIONAL CONFERENCE ON THE PANCHAYATS (EXTENSION

TO SCHEDULED AREAS) ACT, 1996
• Why in the news: Union MoS for Panchayati Raj Prof. S. P. Singh Baghel will inaugurate
National Conference on the Panchayats (Extension to Scheduled Areas) Act, 1996
(PESA) in New Delhi.
• Aim: To promote holistic and inclusive development in PESA villages through Gram
Panchayat Development Plans (GPDPs)
CLIMATE AND HEALTH SOLUTIONS (CHS) INDIA CONCLAVE ORGANIZED

• Why in the news: The Ministry of Health and Family Welfare (MoHFW) in collaboration
with the Asian Development Bank (ADB) has inaugurated the Climate and Health
Solutions (CHS) India Conclave at Delhi.
• Aim: To address the twin emergencies of climate change and public health by bringing
together policymakers, experts, and stakeholders to develop actionable strategies for India’s
health sector.
10TH EDITION OF MASCRADE 2024

• Why in the news: The 10th edition of MASCRADE (Movement Against Smuggled and
Counterfeit Trade) 2024 was organized by FICCI in New Delhi.
INDIA TO HOST THE WORLD TELECOMMUNICATION STANDARDIZATION

ASSEMBLY (WTSA)
• Why in the news: India will host the World Telecom Standardisation Assembly (WTSA
2024) in Delhi from 15 – 24 October 2024.
• This assembly is held every four years.
• Outreach program of WTSA 2024: Delhi, Hyderabad, and Bengaluru
• The WTSA 2024 is being held for the first time in ITU’s history of 150 yrs in India.
THE CLIMATE AND HEALTH SOLUTIONS INDIA CONCLAVE CONCLUDED

• Why in the news: The second day of the Climate and Health Solutions (CHS) India
Conclave, co-hosted by the Ministry of Health and Family Welfare (MoHFW) and the Asian
Development Bank (ADB), concluded in Delhi.
DRDO & INAE ORGANISE 11TH ENGINEERS CONCLAVE IN HYDERABAD

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• Why in the news: The 11th Engineers Conclave, jointly organised by Defence Research &
Development Organisation (DRDO) and Indian National Academy of Engineering (INAE)
in Hyderabad.
• Aim: To deliberate on two strategic priorities i.e., ‘Additive Manufacturing for Defence
Applications’ and ‘Defence Manufacturing Technologies’.
JAISHANKAR ATTENDS JOINT MINISTERIAL MEETING OF L.69 AND C-10

GROUPINGS OF NATIONS
• Why in the news: External Affairs Minister S Jaishankar has attended the first-ever Joint
Ministerial Meeting of L.69 and C-10 groupings of nations on the sidelines of the 79th
session of the United Nations General Assembly.
o L 69 is a group of 32 developing nations
o C10 refers to Committee of Ten Heads of State and Government of the African
Union (C10), comprising 10 African nations.
TWO-DAY GLOBAL AEROSPACE SUMMIT HELD IN ABU DHABI

• Why in the news: The seventh edition of the Global Aerospace Summit held in Abu Dhabi
from September 25-26, 2024.
• Aim: To bring together industry leaders, government officials, and academics to discuss
sustainability, youth engagement, and innovation in the aerospace, space, and defence
sectors.
INDIAN NAVY’S IPRD 2024 TO FOCUS ON RESOURCE-GEOPOLITICS & SECURITY

• Why in the news: The 2024 edition of the annual apex-level international conference of
the Indian Navy - the Indo-Pacific Regional Dialogue (IPRD) - will be held in New Delhi
from the 3rd to the 5th October 2024.
• Theme: Resource-Geopolitics and Security in the Indo-Pacific
• Focus: Marine Resources and Resource Sharing
Committee
EX SEBI CHIEF TO HEAD PANEL ON ENDING MONOPOLIES IN GAS TRANSMISSION
• Why in the news: Petroleum and Natural Gas Regulatory Board (PNGRB), oil regulator, has
formed a committee to recommend ways of ending monopolies enjoyed by companies
engaged in both transportation and marketing of natural gas and city gas retailing.
• Headed by: Ajay Tyagi (Former Sebi chairman)
• Total members: 8
• PNGRB Chairperson: Anil Kumar Jain
GOVT SETS UP PANEL TO FORMULATE FRAMEWORK ON REPAIRABILITY INDEX

• Why in the news: A committee was formed by the Department of Consumer Affairs
(DoCA) to chalk out a robust framework for repairability index.
• Aim: To empower consumers and promote sustainable practices within the tech industry.
• Headed by: Bharat Khera, additional secretary at the DoCA
• Submission of report: November 15, 2024
• Focus: Mobile and electronics
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o Reason: To provide consumers with essential information about product

repairability besides seamless access to spare parts will enable informed
purchasing decisions
• Key components of the Repair Ecosystem include:
o Comprehensive Repair Information
o Accessible Spare Parts
o Affordable Tools
o Modular Design
o Economic Feasibility
GST COUNCIL FORMS GOM ON COMPENSATION CESS

• Why in the news: The Goods and Services Tax (GST) Council has set up a 10-member GoM
to decide on the taxation of luxury, sin and demerit goods once the compensation cess
ends in March 2026.
• Headed by: Minister of State for Finance Pankaj Chaudhary
• Group of Ministers (GoM) includes: Members from Assam, Chhattisgarh, Gujarat,
Karnataka, Madhya Pradesh, Punjab, Tamil Nadu, Uttar Pradesh and West Bengal
• The committee will submit its report to the Council by December 31, 2024.
• Note:
o Currently, goods and services tax (GST) is a four-tier tax structure with slabs at
5, 12, 18, and 28 per cent.
o However, as per GST law, tax of up to 40 per cent can be imposed on goods and
services.
Obituaries, Important Days & Person in News
Obituaries
VETERAN CPI(M) LEADER LAWRENCE DIES AT 95
• Why in the news: Veteran CPI(M) leader M M Lawrence died at 95 due to age-related
ailments.
SIX-TIME MLA SURYAKANTA VYAS DIES AT 87

• Why in the news: Former Soorsagar MLA Suryakanta Vyas, popularly known as 'Jiji', died
at 87 in Rajasthan.
• She is a prominent face of the Pushkarna Brahmin community in Rajasthan.
• She contested three times from the old Jodhpur seat before moving to her new seat,
Soorsagar, in 2008.
HARRY POTTER’S PROFESSOR MCGONAGALL, DAME MAGGIE SMITH, DIES AT 89

• Why in the news: Dame Maggie Smith, the acclaimed British actress best known for her
roles in Harry Potter and Downton Abbey, has passed away at the age of 89.
• Smith, whose illustrious career spanned over six decades, won two Academy Awards for The
Prime of Miss Jean Brodie and California Suite.

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ORGANIC FARMER PAPPAMMAL DIES AT THE AGE OF 109

• Why in the news: Pappammal, a Padma awardee (2021) and organic farmer at
Thekkampatti in Coimbatore district, passed away at the age of 109 due to age related.
CELEBRATED ENGLISH POET KEKI DARUWALLA PASSES AWAY AT 87

• Why in the news: Celebrated English poet and former IPS officer Keki N Daruwalla died
after prolonged illness at 87.
• His first book of poetry, "Under Orion", was published in 1970.
• Sahitya Akademi Award: 1984
NBA LEGEND DIKEMBE MUTOMBO DIES AT 58 DUE TO BRAIN CANCER

• Why in the news: Basketball legend Dikembe Mutombo has died at the age of 58 after a
battle with brain cancer.
Important Days
INTERNATIONAL DAY OF PEACE 2024
• Why in the news: International Day of Peace is observed annually on September 21.
• 2024 theme: Cultivating a Culture of Peace
• Note: In 2024, United Nations General Assembly observed 25th anniversary of the
Declaration and Programme of Action on a Culture of Peace.
WORLD ALZHEIMER'S DAY 2024

• Why in the news: World Alzheimer's Day is observed annually on 21 September to mark a
global effort to raise awareness and challenge the stigma around Alzheimer's disease and
other dementia.
• 2024 campaign: 'Time to act on dementia, Time to act on Alzheimer's.
WORLD RHINO DAY 2024

• Why in the news: World Rhino Day is celebrated annually on September 22 to raise
awareness about the five endangered rhino species - Javan, Sumatran, Black, Greater
One-Horned, and White rhinos
• Theme for 2024: Keep the Five Alive, emphasising the importance of protecting all five rhino
species
INTERNATIONAL DAY OF SIGN LANGUAGES 2024

• Why in the news: International Day of Sign Languages is celebrated annually across the
world on 23 September every year along with International Week of the Deaf (last week of
September).
• 2024 theme: Sign Up for Sign Language Rights
HAIFA DAY CELEBRATED IN THE NATIONAL CAPITAL

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• Why in the news: Haifa Day was celebrated on 23rd September 2024 in New Delhi to
honour the martyrs of the Battle of Haifa.
• Indian Soldiers, who were part of World War I in 1918 from the British Indian Army
fought the battle of Haifa.
• The battle was a decisive victory for the Indian soldiers, who defeated the Ottoman
Empire and their German allies.
WORLD RIVERS DAY 2024

• Why in the news: World Rivers Day is a global celebration observed every year fourth
Sunday of September each year.
• This year, this day observed on 22 September.
• The theme for World Rivers Day 2024 is “Waterways of Life.”
WORLD PHARMACIST DAY 2024

• Why in the news: World Pharmacists Day is observed every year on 25 September to
recognize and celebrate the crucial role that pharmacists play in building healthier
communities everywhere.
• Organized by: International Pharmaceutical Federation (FIP), a WHO partner
• 2024 theme: Pharmacists: Meeting global health needs
ANTYODAYA DIWAS 2024

• Why in the news: Antyodaya Diwas is an annual occasion in India commemorating the birth
anniversary (25th September) of Indian leader Pandit Deendayal Upadhyaya.
• Chronology:
o This day was first observed on September 25, 2014.
o In 2014, the Ministry of Rural Development re-established Aajeevika Skills, a
skill development initiative run by the National Rural Livelihood Mission
(NRLM).
▪ Note: It came to be known as Deendayal Antyodaya Yojana (NRLM) in
November 2015.
INTERNATIONAL DAUGHTER'S DAY 2024

• Why in the news: International Daughter's Day is observed annually on September 22,
2024.
WORLD TOURISM DAY 2024

• Why in the news: World Tourism Day is commemorated annually on 27 September to
foster awareness among the international community of the importance of tourism and its
social, cultural, political, and economic value.
• Theme 2024: Tourism and Peace
DIRECTORATE GENERAL OF QUALITY ASSURANCE CELEBRATES 68TH DGQA DAY

• Why in the news: The Directorate General of Quality Assurance under the aegis of
Department of Defence Production, Ministry of Defence is celebrating 68th DGQA day on
September 27, 2024.
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• The organisation provides Quality Assurance cover for the entire range of Arms,
Ammunitions, Equipments and Stores supplied to the Armed Forces.
83RD FOUNDATION DAY CELEBRATIONS OF COUNCIL OF SCIENTIFIC AND

INDUSTRIAL RESEARCH
• Why in the news: The Council of Scientific and Industrial Research (CSIR) proudly
celebrated its 83rd Foundation Day on 26th September 2024.
• Director General of CSIR: Dr. N. Kalaiselvi
WORLD MARITIME DAY 2024

• Why in the news: The World Maritime Day 2024 took place on 26 September 2024.
• 2024 theme: "Navigating the future: safety first!"
WORLD CONTRACEPTION DAY 2024

• Why in the news: World Contraception Day takes place on September 26th every year.
• 2024 theme: A choice for all. Freedom to plan, power to choose
WORLD ENVIRONMENTAL HEALTH DAY 2024

• Why in the news: World Environmental Health Day 2024 falls on September 26 every
year.
• 2024 theme: Environmental Health: Creating Resilient Communities through Disaster Risk
Reduction and Climate Change Mitigation and Adaptation
INDIAN ARMY CELEBRATING 198TH GUNNERS DAY

• Why in the news: The Indian Army is celebrating the 198th Gunners Day on 28th
September 2024.
• The day is celebrated to commemorate the raising of the first Indian Artillery Unit, namely,
5 (Bombay) Mountain Battery, on this day in 1827.
AYUSH MINISTER PRATAPRAO JADHAV ANNOUNCES THEME OF 9TH AYURVEDA

DAY 2024
• Why in the news: Ayush Minister Prataprao Jadhav has announced the theme of 9th
Ayurveda Day as “Ayurveda innovation for Global Health”.
• In 2024, Ayurveda Day will be celebrated on 29th October, 2024.
• Note:
o The Ayurveda day is observed every year on the auspicious occasion of
Dhanwantari Jayanti, also known as Dhanteras.
o Since 2016, Ayurveda Day has been celebrated annually.
WORLD HEART DAY 2024

• Why in the news: World Heart Day is observed on September 29 every year to raise
awareness about heart disease and preventive measures that can help prevent and manage
cardiovascular diseases.
• From 2024 to 2026, the campaign will centre around the theme "Use Heart for Action."

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WORLD RABIES DAY 2024

• Why in the news: World Rabies Day is observed every year on 28 September to reinforce
awareness about prevention, the fight against this zoonotic disease and the achievements
achieved.
• 2024 theme: Breaking Rabies Boundaries
INTERNATIONAL DAY FOR UNIVERSAL ACCESS TO INFORMATION 2024

• Why in the news: International Day for Universal Access to Information is observed
annually on September 28 under the theme of Artificial Intelligence, E-Governance, and
Access to Information.
INTERNATIONAL TRANSLATION DAY 2024

• Why in the news: International Translation Day is celebrated on September 30 each year,
under the theme 'Translation, an Art Worth Protecting: Moral and Material Rights for
Indigenous Languages'.
WORLD CASSOWARY DAY 2024

• Why in the news: World Cassowary Day 2024 is celebrated every year on September 26.
Person In News
RUSSIAN COSMONAUTS BREAK RECORD FOR LONGEST ISS FLIGHT
• Why in the news: Two Russian cosmonauts, Oleg Kononenko and Nikolai Chub, have left
the International Space Station (ISS), after breaking the record for the longest stay at
374 days.
• Kononenko also now holds the record for the longest cumulative time in space at 1,111 days
in orbit.
• They broke the previous record for the longest continuous stay in space, which was set by
cosmonauts Sergei Prokopyev, Dmitry Petelin, and NASA astronaut Francisco Rubio.
BANGLADESH ALL-ROUNDER SHAKIB AL HASAN ANNOUNCES RETIREMENT

• Why in the news: Bangladesh all-rounder Shakib Al Hasan announced his T20I
retirement, ahead of his team’s second Test against India at the Green Park Stadium in
Kanpur.
• The veteran cricketer has appeared in every edition of the T20 World Cup since 2007 and
ended the 2024 edition as the tournament’s all-time highest wicket-taker with 50 scalps.
DWAYNE BRAVO ANNOUNCES RETIREMENT FROM ALL CRICKET

• Why in the news: West Indies all-rounder Dwayne Bravo has announced his retirement
from all forms of cricket and will join IPL side Kolkata Knight Riders as mentor.
FRANCE WORLD CUP WINNER RAPHAEL VARANE ANNOUNCES RETIREMENT

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• Why in the news: Raphael Varane, who won the World Cup with France in 2018,
announced his retirement from football at the age of 31.
BIBEK DEBROY STEPS DOWN AS CHANCELLOR OF PUNE-BASED GOKHALE

INSTITUTE
• Why in the news: Noted economist Bibek Debroy resigned as Chancellor of the Gokhale
Institute of Politics and Economics (GIPE).
• He also served as the chairman of the Economic Advisory Council to the Prime Minister
(EAC-PM).

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CURRENT AFFAIRS
(10th – 20th September, 2024)
RECOMMENDATIONS DURING 54TH MEETING OF THE GST COUNCIL

• Why in the news: The 54th GST
Council met under the
Chairpersonship of Union Minister
for Finance & Corporate Affairs
Nirmala Sitharaman in New Delhi on
9th September 2024.
• Recommendations:
o Exempt supply of research and
development services by a
Government Entity; or a
research association,
university, college or other institution notified u/s 35 of Income Tax Act using
government or private grants
o Reduction in GST rates on cancer drugs - Trastuzumab Deruxtecan, Osimertinib
and Durvalumab from 12% to 5%.
CPI-IW FOR JULY 2024 RISES TO 142.7

• Why in the news: The All-India Consumer Price Index for Industrial Workers (CPI-IW) for
July 2024 increased by 1.3 points and stood at 142.7 points.
• Data released by: Ministry of Labour and Employment
• Year-on-year inflation for July 2024 moderated to 2.15% in comparison to 7.54 per cent
for the same month last year.
• Base year: 2016
• The Labour Bureau has been compiling the Consumer Price Index for Industrial Workers
every month based on retail prices collected from 317 markets spread over 88 industrially
important centres in the country.
TOP 10 HIGHEST TAX-PAYING COMPANIES IN INDIA

• Why in the news: Notably, Reliance Industries Ltd., India’s largest firm
by market capitalisation and the most profitable for the year, claimed
the top rank with Rs 20,713 crore in tax payments for the FY 2023.
• Following, State Bank of India and HDFC Bank Ltd ranked second
and third, with taxes of Rs 17,649 crore and Rs 15,350 crore,
respectively.

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INDEX OF INDUSTRIAL PRODUCTION WITNESSES GROWTH OF 4.8% IN JULY

• Why in the news: The Index of Industrial Production (IIP) witnessed a growth of 4.8% in
July 2024 on an annual basis, compared to 4.7 percent in June 2024.
• Data released by: Ministry of Statistics and Programme Implementation
• Three major components of IIP: Mining (3.7 percent growth); manufacturing (4.6 percent
growth) and electricity (7.9 percent)
• Base year of IIP: 2011-12
INDIA’S RETAIL INFLATION RISES TO 3.65% IN AUGUST 2024

• Why in the news: India’s retail inflation (CPI) rose to 3.65 percent in August 2024,
slightly higher than the 3.6% reported in July 2024.
• Data released by: The Ministry of Statistics and Programme Implementation (MoSPI).
• This is the second-lowest retail inflation in the past five years.
• The inflation rate was within the Reserve Bank of India’s tolerance band of 2-6 percent.
• Base year: 2012
MOF NOTIFIES NEW RULES FOR COMPOUNDING UNDER FEMA

• Why in the news: The Finance Ministry has released new rules for processing of
compounding applications under Foreign Exchange Management Act (FEMA).
• Aim: To further promote ease of investment
• The new rules will supersede nearly 24-year- old Foreign Exchange (Compounding
Proceedings) Rules
• Effective from: 12th September 2024
• New Rules:
• Under the new rules, threshold for compounding authorities of RBI has been raised.
Cases Authority
Sum involved in contravention Assistant General Manager of
does not exceed ₹60 lakh the RBI
Cases up to ₹2.5 crore Deputy General Manager
up to ₹5 crore General Manager
more than ₹5 crore Chief General Manager
• Note: There is no change in the time line to pass the compounding officer which will
remain 180 days from receipt of application.
• About FEMA:
o The Foreign Exchange Management Act, 1999 (FEMA) is an Act of the Parliament
of India.
o Effective from: June 1, 2000
o Replacement of: Foreign Exchange Regulation Act (FERA) 1973
o Aim: To consolidate and amend the law relating to foreign exchange with the
objective of facilitating external trade and payments and for promoting the orderly
development and maintenance of foreign exchange market in India
o Head office of FEMA is known as the Enforcement Directorate and is situated in
Delhi.
o This act seeks to make offenses related to foreign exchange civil offenses.
o It enabled a new foreign exchange management regime consistent with the
framework of the World Trade Organisation (WTO).
o It also paved way to Prevention of Money Laundering Act (PMLA) 2002.
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INCRED FINANCIAL SERVICES RECEIVES FIRST ESG RATING FROM ICRA’S ARM
• Why in the news: ICRA ESG Ratings Ltd (ICRA ESG), a wholly-owned subsidiary of ICRA
Ltd, has assigned its first Environmental, Social, and Governance (ESG) rating to InCred
Financial Services Ltd.
• The Non-Banking Financial Company (NBFC) has been assigned a rating of “Impact 57,
Moderate”.
• This NBFC focuses on personal loans, student loans, business loans, etc.
CENTRE NOTIFIES NABFID AS A ‘PUBLIC FINANCIAL INSTITUTION’

• Why in the news: Corporate Affairs Ministry (MCA) has notified the National Bank for
Financing Infrastructure and Development (NaBFID) as a ‘Public Financial Institution’
under Company law.
• Aim: To bring several benefits to NaBFID under the Company Law, Income Tax law,
SARFAESI law etc.
• NaBFID was set up as a Development Finance Institution (DFI) under the National Bank
for Financing Infrastructure and Development Act 2023.
• NaBFID had commenced its commercial operations with effect from December 29, 2022.
• It was set up to support the development of long-term non-recourse infrastructure financing
in India, including development of bonds and derivatives markets necessary for
infrastructure financing.
INDIA'S EXPORTS SHRINK 9.3% IN AUGUST, TRADE DEFICIT AT 10-MONTH HIGH

• Why in the news: According to the Department of Commerce, trade deficit of India has been
widened to a 10-month high of $29.7 billion in August 2024.
• Import: $64.4 billion (Reason: doubling of gold inflows)
• Export: $34.7 billion (Reason: softening of oil prices and muted global demand)
• Merchandise exports contracted 9.3 per cent to $34.7 billion in August 2024.
• Other factors that affected merchandise exports included a huge slowdown in China, falling
petroleum prices, recession in advanced economies and transportation- and logistics-related
challenges.
WHOLESALE PRICE IN INDIA FOR THE MONTH OF AUGUST, 2024

• Why in the news: The Wholesale Price Index (WPI) for August 2024 has been recorded at
1.31% (Provisional).
• Positive rate of inflation is primarily due to increase in prices of food articles, processed
food products, other manufacturing, manufacture of textiles and manufacture of machinery
& equipment etc.
• Base Year: 2011-12
• Major Groups of WPI: Primary Articles (Weight 22.62%), Fuel & Power (Weight 13.15%), and
Manufactured Products (Weight 64.23%)
RAZORPAY LAUNCHES INTEGRATION PLATFORM DATASYNC

• Why in the news: Razorpay has launched a no-code data integration platform named
'DataSync'.

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• Aim: To provide real-time data access, allow businesses to enhance business intelligence,
improve financial reporting, strengthen fraud and security monitoring, and uncover new
revenue opportunities.
• This platform also reduces operational costs for businesses by up to 50%.
BNP PARIBAS INDIA PARTNERS WITH ADHAR NGO FOR CSR INITIATIVES
• Why in the news: BNP Paribas India inaugurated a new dormitory facility for the female
residents of Adhar NGO, as a CSR initiative.
• Aim: To provide lifetime care and support for intellectually disabled adults.
• This new facility will house over 55 women residents and nearly 18 staff members,
furthering Adhar’s mission to offer comprehensive residential care, training, and treatment.
WINDFALL TAX ON CRUDE OIL CUT TO ZERO

• Why in the news: The government has scrapped the windfall tax on domestically produced
crude oil with effect from September 18, 2024.
• The windfall tax on domestically produced crude oil will be zero.
• Windfall tax:
o It refers to a one-time tax imposed on businesses that are thought to have made
excessively high profits, typically due to unusually favourable market conditions.
o It is revised every 15 days based on the average oil prices in two weeks.
o It is charged as Special Additional Excise Duty (SAED), which is a tax on the
profit made from domestically produced crude oil.
SWIGGY LAUNCHES PROJECT NEXT TO OFFER CAREER GROWTH FOR DELIVERY

PARTNERS
• Why in the news: Swiggy has launched 'Project Next' programme by providing career
growth opportunities for delivery partners by enhancing their skills and transitioning
them from “blue collar” to “white collar” workers.
• This programme is a part of Swiggy’s larger initiative Swiggy Skills, which was announced
with the Ministry of Skill Development and Entrepreneurship.
• It offers skilling, training, internship, and employment opportunities in its value chain.
JBM SECURES $100 MN FUNDING TO EXPAND E-BUS OPERATIONS

• Why in the news: JBM Ecolife Mobility (subsidiary of JBM Auto Limited), has secured $100
million in funding from the Asian Development Bank and the Asian Infrastructure
Investment Bank.
EPFO ALLOWS EARLY PF WITHDRAWAL OF RS 1 LAKH

• Why in the news: The Employees’ Provident Fund Organisation (EPFO) has increased the
withdrawal limit from the current Rs 50,000 to Rs 1 lakh.
• The government has relaxed the condition which will allow a person to withdraw in the
first six months of their new job.
• Note:
o The ministry is currently working on the proposal to increase the income
ceiling under the EPFO and the Employees’ State Insurance Corporation (ESIC).

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o At present, formal sector workers with a monthly salary of Rs 15,000 and

working in companies with over 20 employees are eligible for EPFO.
▪ The wage ceiling for EPFO was last revised in 2014.
o For ESIC, the eligibility is a monthly salary of Rs 21,000.
▪ This limit was last revised in 2017.
IREDA RECEIVES APPROVAL TO RAISE ₹4,500 CRORE VIA EQUITY ISSUE FOR
RENEWABLE ENERGY PROJECTS
• Why in the news: Indian Renewable Energy Development Agency Limited (IREDA)
received approval to raise approximately ₹4500 crore through fresh equity issue.
• Approval grated by: Department of Investment and Public Asset Management (DIPAM)
• The fund-raising will be carried out through the Qualified Institutions Placement (QIP)
route, with a planned dilution of the Government of India’s shareholding in IREDA by up to
7% on a post-issue basis, to be executed in one or more tranches.
RETAIL INFLATION FOR FARM WORKERS EASES TO 5.96%

• Why in the news: As per the data shared by Ministry of Labour & Employment, the All-
India Consumer Price Index for Agricultural Labourers (CPI-AL) and Rural Labourers
(CPI-RL) has reached levels of 1297 and 1309, respectively.
• Year-on-year inflation rates based on:
o Consumer Price Index for Agricultural Labourers (CPI-AL): 5.96% (July 2024:
6.17%)
o Consumer Price Index for Rural Labourers (CPI-RL): 6.08% (July 2024: 6.20%)
• Base year: 1986-87
DIGITAL PAYMENT TRANSACTION VOLUME GREW TO NEARLY 19,000 IN FY 2023-

24
• Why in the news: The digital payment transaction volume grew to nearly 19,000 crore in
the Financial Year 2023-24 compared to over 2,000 crore in the Financial Year 2017-18.
• The volume of the Unified Payments Interface (UPI) transactions also increased by more
than 13,000 crore from nearly ninety crore during the same period.
• UPI transaction value has reached 200 lakh crore rupees in the Financial Year 23-24.
• It also informed that UPI is currently facilitating live transactions in seven countries - UAE,
Singapore, Bhutan, Nepal, Sri Lanka, France, and Mauritius.
SAHARA SMALL DEPOSITORS GET SOME RELIEF AS GOVT RAISES REFUND LIMIT
TO ₹50,000 FROM ₹10,000
• Why in the news: The central government has increased the refund amount limit for
small depositors of Sahara Group Cooperative Societies to ₹50,000 from ₹10,000.
• About CRCS-Sahara Refund Portal:
o Introduced on: July 18, 2023
o Aim: To allow genuine depositors of Sahara Group's four multi-state cooperative
societies to submit claims for refunds of their deposits.
o The refund of claims is digitally examined by Justice R Subhash Reddy, a
Supreme Court judge.

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PFC PAYS RS 462 CR FINAL DIVIDEND FOR 2023-24 TO GOVT

• Why in the news: State-owned Power Finance Corporation (PFC) paid a final dividend of
Rs 462 crore to the Government of India for 2023-24.
• While, Bharat Heavy Electricals Ltd (BHEL) has paid a final dividend of Rs 55 crore for
2023-24 to the government.
DIRECT TAX VIVAD SE VISWAS SCHEME 2024 TO BE OPERATIONAL FROM OCT 1

• Why in the news: The second edition of the Direct Tax Vivad se Viswas scheme 2024 (VSV
2.0) will be operational from October 1, 2024.'
• The scheme was announced in the budget to reduce the litigations related with income
tax.
• The scheme is open to individuals with unresolved income tax disputes before a range of
judicial bodies, including the Supreme Court, high courts, Income Tax Appellate Tribunal,
and Commissioner/ Joint Commissioner (Appeals).
• Four separate Forms have been notified for the purposes of the DTVSV Scheme. These are
as under:
o Form-1: Form for filing declaration and Undertaking by the declarant
o Form-2: Form for Certificate to be issued by Designated Authority
o Form-3: Form for Intimation of payment by the declarant
o Form-4: Order for Full and Final Settlement of tax arrears by Designated Authority
INCOME TAX DEPARTMENT INCREASES THRESHOLDS FOR FILING APPEALS IN

TAX DISPUTES
• Why in the news: The Income Tax Department has raised the minimum threshold for
filing appeals in tax disputes, streamlining the process for cases brought before the Income
Tax Appellate Tribunal (ITAT), high courts, and the Supreme Court.
• According to the Central Board of Direct Taxes (CBDT), appeals can now be filed only if the
disputed tax amount exceeds Rs 60 lakh for ITAT, Rs 2 crore for high courts, and Rs 5
crore for the Supreme Court.
• The revised limits are applicable to all cases, including those related to Tax Deducted at
Source (TDS) and Tax Collected at Source (TCS).
CCI CAN NOW HIRE AGENCIES TO MONITOR COMPLIANCE

• Why in the news: The Competition Commission of India (CCI) can
now appoint monitoring agencies to oversee the implementation of
its orders such as those relating to mergers & acquisitions (M&As),
commitment and settlement, according to the latest General
Regulations 2024.
• The monitoring agencies can be accounting firms, management
consultancy or any other professional organisation, chartered
accountants, company secretaries, or cost accountants.
• Note:
o Section 48A and 48B relate to commitment and
settlement, respectively.
o Section 31 refers to orders on M&As.

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GOVT TO LAUNCH₹1K CR CREDIT GUARANTEE FUND

• Why in the news: The Centre has also decided to launch a ₹1000 crore credit guarantee
scheme for banks so that they are not constrained while giving loans against electronic
Negotiable Warehouse Receipts (eNwR) after depositing commodities in accredited
warehouses.
• Aim: To grow e-NWR-based pledge financing to more than Rs 1 trillion over the next 10
years, from Rs 3,962 crore in FY24.

RBI CANCELS REGISTRATION OF FOUR NBFCS, ACCEPTS SURRENDER OF
REGISTRATION FROM 13 OTHERS
• Why in the news: The Reserve Bank of India (RBI) has taken significant action against non-
banking financial companies (NBFCs) by cancelling the certificate of registration for
four firms and accepting the surrender of registration from 13 others.
• This move is part of the RBI’s ongoing efforts to ensure the stability and compliance of the
financial sector.
SEBI APPROVES 10X HIKE IN NSE'S SHARE CAPITAL

• Why in the news: The Securities and Exchange Board of India (Sebi) has approved
amendments to the memorandum of association of the National Stock Exchange (NSE),
allowing a 10-fold increase in authorised share capital to ₹500 crore.
• This move will pave the way for the bourse's proposed bonus issue.
• This increase also provides flexibility if the exchange decides to issue fresh shares during
its public offering.
SEBI FAST-TRACKS CREDIT, TRADING OF BONUS SHARES TO T+2 DAYS

• Why in the news: The Securities and Exchange Board of India (SEBI) has reduced the time
taken for trading of bonus shares to two working days.
• Effective from: On or after October 1, 2024
• The issuer proposing a bonus issue, has to apply for in-principle approval to the stock
exchanges within five working days from the date of the board meeting approving the
bonus issue.
• After acceptance of record date, the issuer has to submit the requisite documents to
depositories for credit of bonus shares in the depository system by the next working day of
the record date (t+1).
• The shares allotted pursuant to the bonus issue has to be made available for trading on
the next working date of allotment (T+2).
IRA LAUNCHES THREE DATA BENCHMARKING INSTITUTIONS FOR REIT

INVESTORS
• Why in the news: The Indian Real Estate Investment Trusts (Reits) Association (IRA) has
launched three data benchmarking institutions (DBIs) for investors.
• The DBIs will serve as a central repository of the Indian Reit sector’s standardised and
comparable data.

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• As part of the initiative, three financial services companies — CAMS, CareEdge, and
KFintech — launched their respective platforms, which are set to assist investors in making
their Reit investment decisions under the guidance of the Securities and Exchange Board of
India (Sebi).
• The DBIs are named compareitnow.in by CAMS, ReitsInfraEdge by CareEdge, and
KFinsights by KFintech.
• Additionally, there are four publicly listed Reits in India, viz., Brookfield India Real Estate
Trust, Embassy Office Parks REIT, Mindspace Business Parks REIT, and Nexus Select Trust.
AXIS CAPITAL TO EXPLORE LEGAL REMEDIES AGAINST SEBI'S BAN ON DEBT

SEGMENT
• Why in the news: SEBI has restrained Axis Capital from taking up
new assignments as a merchant banker, arranger or underwriter
for any issue or offer-for-sale of securities in the debt segment.
• Reason: ACL provided guarantee/indemnity towards redemption of
non convertible debentures (NCDs) in the guise of underwriting,
which it was not permitted to do under the existing regulatory
framework.
• Axis Capital is a subsidiary of Axis Bank.
SEBI AMENDS RULES TO STREAMLINE PROCESS FOR PUBLIC ISSUANCE OF DEBT

SECURITIES
• Why in the news: Securities and Exchange Board of India (SEBI) has amended rules to
streamline the process for public issuance of debt securities.
• Reason: To provide faster access to funds for such issuers
• New Amendments:
o SEBI has reduced the period for seeking public comments on the draft offer
documents from 7 working days to 1 day for issuers whose specified securities
are already listed and 5 days for other issuers.
o The minimum subscription period has been cut from 3 to 2 working days.
o In case of revision in the price band or yield, the bidding period disclosed in the
offer documents, can be extended by one working day instead of three working
days.
o SEBI has provided flexibility to issuers by providing discretion to them with
regard to advertisement of public issues through electronic modes subject to a
window advertisement (containing a QR Code and Link to full advertisement) in
newspapers.
FOOD-PRICE VOLATILITY MAY POSE RISK TO INDIA'S INFLATION: RBI BULLETIN

• Why in the news: According to the RBI's monthly bulletin, India's headline inflation may
average 4.5% in the second half of the fiscal year
• Supported by: Weaker crude oil prices, although volatility in food prices can pose a challenge
• India's retail inflation was at 3.65 per cent in August 2024.
• Food prices, which account for nearly half of the retail inflation, rose 5.66 per cent in
August 2024.

Crack Grade B 9
• The RBI targets inflation at 4 per cent with a tolerance band of two percentage points on
either side.
INTERNATIONAL TRAVEL DRIVES OUTWARD REMITTANCE UNDER LRS TO $2.7

BN IN JULY
• Why in the news: Outward remittances under the Reserve Bank of India’s Liberalised
Remittance Scheme (LRS) increased by 16.7 per cent year-on-year (Y-o-Y) to $2.75 billion in
July 2024 compared to $2.36 billion last year, driven by international travel.
• About LRS scheme:
• Introduced in: 2004
• It allows all resident individuals to remit up to $250,000 per financial year for any
permissible current or capital account transaction, or a combination of both, free of charge.
NRI DEPOSITS WITNESS $5.82 BILLION INFLOWS IN APRIL-JULY 24, SHOWS RBI
DATA
• Why in the news: Overseas Indians deposited about $5.82 billion in non-resident Indian
(NRI) deposit schemes in April–July 2024 (FY25).
• Growth: 93.35% (Y-o-y)
• Data released by: Reserve Bank of India (RBI)
• The total outstanding NRI deposits as of July 2024 stood at $157.15 billion.
• The NRI deposit schemes include foreign currency non-resident (FCNR) deposits, non-
resident external (NRE) deposits, and non-resident ordinary (NRO) deposits.
Banking News
CANARA BANK ISSUES $300 MILLION IN 5-YEAR BONDS THROUGH IFSC BANKING
UNIT
• Why in the news: Canara Bank has successfully priced $300 million in 5-year bonds
• These bonds were issued under its USD 3 billion Medium-Term Note (MTN) through its
IFSC Banking Unit.
• The 5-year bond is priced at T+125 basis points, with a semi-annual coupon rate of 4.896
per cent and a maturity date of September 11, 2029.
• Canara bank
o Chairman: Vijay Srirangan
o CEO: K. Satyanarayana Raju
o HQ: Bengaluru
BOB RECEIVES 2.8X SUBSCRIPTION FOR ITS ₹5,000 CR INFRA BOND ISSUANCE
• Why in the news: Bank of Baroda has raised ₹5,000 crore via long-term 10-year
infrastructure bonds at a coupon rate of 7.26 per cent.
• BoB has accepted bids for ₹5,000 crore against a total demand of ₹14,215 crore, which is 2.8
times the total issue size (of ₹5,000 crore).
• BoB MD & CEO: Debadatta Chand
UNION BANK OF INDIA BECOMES FIRST MAJOR INDIAN BANK TO SIGN PCAF

Crack Grade B 10
• Why in the news: Union Bank of India has become a signatory to the Partnership for
Carbon Accounting Financials (PCAF).
• This step aligns with the growing global emphasis on climate risk management and the
recent draft guidelines issued by the Reserve Bank of India (RBI) on climate risk disclosures.
• Union Bank of India Headquarters: Mumbai
AIRTEL FINANCE LAUNCHES FD SERVICE, OFFERS UP TO 9.1% AS INTEREST

RATES
• Why in the news: Bharti Airtel has launched a fixed deposits marketplace under its digital
finance arm, offering interest rates of up to 9.1 per cent per annum.
• Platform: Airtel Thanks App
• Minimum investment: Rs 1,000
• Collab with: Small finance banks and non-banking financial companies (NBFCs),
including:
o Utkarsh Small Finance Bank,
o Shivalik Bank,
o Suryoday Small Finance Bank
o Shriram Finance
PHONEPE, LIQUID GROUP TIE UP TO EXPAND UPI QR PAYMENT SERVICE IN

SINGAPORE
• Why in the news: Walmart group's fintech firm PhonePe has partnered with cross-border
payment solutions provider Liquid Group to expand its merchant acceptance network in
Singapore.
• The collaboration is facilitated through Liquid Group's partnership with NPCI
International Payments Limited (NIPL).
RBI SLAPS PENALTIES ON AXIS, HDFC BANK FOR NON-COMPLIANCE WITH

DIRECTIVES
• Why in the news: The Reserve Bank of India (RBI) has penalised HDFC Bank, and Axis Bank.
• HDFC Bank:
o Fine amount: Rs 1 crore
o Reason:
▪ Opened certain savings deposit accounts in the name of eligible entities and
gave gifts.
▪ The bank failed to ensure that customers are not contacted after 7 pm and
before 7 am.
• Axis Bank:
o Fine amount: 1.91 crore
o Reason:
▪ Opened certain savings deposit accounts in the name of ineligible entities.
▪ Allotted multiple identification codes to certain customers instead of a
Unique Customer Identification Code (UCIC) for each customer.
▪ It then obtained collateral security for agricultural loans up to Rs 160,000 in
certain cases.
SBI LIFE FINED RS 1 CR BY INSURANCE REGULATOR FOR 'VIOLATING NORMS'

Crack Grade B 11
• Why in the news: SBI Life Insurance has been fined Rs 1 crore by the industry regulator for
alleged violations in its dealings with insurance web aggregators and outsourcing
practices.
RBI IMPOSES PENALTY ON BNP PARIBAS, 3 OTHERS

• Why in the news: The Reserve Bank of India has imposed a penalty on BNP Paribas (the
bank), Hewlett Packard Financial Services (India), SMFG India Credit Company, and Muthoot
Vehicle & Asset Finance.
• BNP Paribas (the bank):
o Penalty: Rs 31.8 lakh
o Reason: For non-compliance with certain directions issued by it on 'Interest Rate
on Advances'.
• Others:
o Hewlett Packard Financial Services (India) (Amount: Rs 10.40 lakh)
o SMFG India Credit Company (Amount: Rs 23.1 lakh)
o Muthoot Vehicle & Asset Finance (Amount: Rs 7.9 lakh)
▪ Reason: Deficiencies in statutory and regulatory compliance and are not
intended to pronounce upon the validity of any transaction or agreement
entered into by the entities with their customers.
SBI FOUNDATION LAUNCHES 3RD EDITION OF ASHA SCHOLARSHIP PROGRAM

• Why in the news: The SBI Foundation has launched the 3rd edition of its Asha Scholarship
Program, supporting 10,000 meritorious students from underprivileged backgrounds.
• Scholarships ranging from 15,000 to 2 lakh rupees are available for students from Class
6 to postgraduate level.
• The program includes categories for those in IITs, IIMs, and a special ‘Study Abroad’
category for SC and ST students.
• Applications are open until October 1, 2024, at https://www.sbifashascholarship.org.
UPI TRANSACTION LIMIT SET TO CHANGE

• Why in the news: The National Payments Corporation of India (NPCI) has increased the
transaction limit for certain payments using UPI to Rs 5 lakh.
• Reason: To make it easier for individuals who use online payments.
• The increased limit is likely to be effective from September 16, 2024.
• With this, individuals can now make UPI payments of up to Rs 5 lakh per transaction for the
following categories:
o a) tax payments,
o b) hospital and educational institutions,
o c) IPOs and RBI retail direct schemes
SBI SANCTIONS ₹10,050 CR TO DVC’S PROPOSED THERMAL POWER PROJECT IN

JHARKHAND
• Why in the news: State Bank of India (SBI) has sanctioned ₹10,050 crore to Damodar
Valley Corporation (DVC) for its ultra super critical thermal power project of 1600 MW
(800*2 MW) to be set up at Koderma, Jharkhand.

Crack Grade B 12
• Ministry of Power has identified this project as one of the projects for capacity addition by
2030.
• DVC is India’s first multipurpose river valley project, which was established by a Central
Statute -- Damodar Valley Corporation Act, 1948 - Act XIV of 1948 (DVC Act) as a statutory
corporation.
• The Government of India, and the Governments of West Bengal and Jharkhand (erstwhile
Bihar) have jointly contributed to the capital of DVC.
HDFC BANK'S PARIVARTAN INITIATIVE AIMS TO BOOST INCOME OF FIVE LAKH

MARGINAL FARMERS BY 2025
• Why in the news: HDFC Bank is aiming to increase the income of about five lakh farmers
with annual income under ₹60,000 by 2025, under its Corporate Social Responsibility
(CSR) Parivartan.
• HDFC Bank Parivartan’s programmes are designed to enable and equip farmers with
better crop cycles and increased incomes
BANK OF BARODA UNVEILS GEN AI-POWERED SOLUTIONS

• Why in the news: Bank of Baroda has introduced of three different generative AI-powered
solutions for its customers and employees.
o Aditi, a GenAI powered Virtual Relationship Manager aims to enhance the
digital customer service experience.
o A GenAI-enabled knowledge management platform, ‘Gyan Sahay.AI’ for its
employees
o A GenAI powered chatbot ‘ADI’ to improve digital customer experience and get the
required queries solved through chatbot
LIC SELECTS INFOSYS FOR NEXTGEN DIGITAL INSURANCE PLATFORM PROJECT

• Why in the news: Infosys has been chosen by Life Insurance Corporation (LIC) to lead its
digital transformation with the NextGen Digital Platform.
• Aim: To spearhead its digital transformation initiative ‘DIVE (Digital Innovation and
Value Enhancement)’
• It also aims to provide omnichannel engagement and hyper-personalised experiences for LIC's
customers, agents, and employees
• Infosys will use its AI and cloud services to enhance LIC's operational capabilities
RS 42,300 CR LOANS GIVEN SINCE LAUNCH OF ACCOUNT AGGREGATOR

FRAMEWORK
• Why in the news: According to a report by Sahamati, a market-led industry alliance for the
AA ecosystem, Lending firms using the Account Aggregator (AA) framework facilitated
loans worth Rs 42,300 crore from September 2021 to March 2024.
o Average loan ticket size: Rs 1 lakh
• The nine top-performing Financial Information Users (FIUs), comprising about 60% of
consents fulfilled in the second half of FY24.
INFOSYS PARTNERS WITH METRO BANK TO ACCELERATE DIGITAL

TRANSFORMATION
Crack Grade B 13
• Why in the news: Infosys has collaborated with Metro Bank to enhance some of the bank's
IT and support functions, while digitally transforming its business operations.
• The collaboration supports the bank's ongoing efficiency and cost saving efforts.
• Collaborating with Infosys will allow Metro Bank to enhance its digital capabilities,
improve automation, refine data, and embed further AI capabilities
YES BANK PAISABAZAAR PAISASAVE CREDIT CARD LAUNCHED

• Why in the news: Paisabazaar has partnered with YES BANK to launch a co-branded credit
card named 'YES BANK Paisabazaar PaisaSave Credit Card'.
• This credit card has been designed to reward frequent shoppers with cashbacks on everyday
purchases, both online and offline.
• Features:
o Cash back: Up to 3%
o Joining Fees: No
o Annual fees: Rs 499 (Can be waived off from the second year if users meet the
spending threshold of Rs 1.2 lakh per annum in the preceding year)
o Age: Between 21 to 60 years of age
o Salaried or self-employed
o Minimum Net Salary of Rs 25,000 per month or Income Tax Return of Rs 5 lakh
and above
SBI RAISES RS 7,500 CRORE THROUGH ISSUANCE BASEL III-COMPLIANT BONDS

• Why in the news: State Bank of India (SBI) has raised Rs 7,500 crore through issuance of
Basel III-compliant Tier 2 bonds to qualified institutional bidders.
• Tenure: 15 years
• Coupon rate: 7.33%
• This is the second Basel III-compliant Tier 2 bond issuance for the current fiscal.
RBI LIFTS RESTRICTIONS IMPOSED ON IIFL FINANCE'S GOLD LOAN BUSINESS

• Why in the news: The Reserve Bank of India (RBI) has lifted the restrictions placed on IIFL
Finance Limited's gold loan business.
• Ban imposed on: 4th March 2024
• Reason of ban: In response to certain compliance issues flagged by the RBI, aimed at
ensuring that IIFL aligned with regulatory standards.
• Aim: To prevent the company from sanctioning, disbursing, or selling its gold loans
• Current Status: IIFL can fully resume its gold loan operations.
BANKS LAUNCH INNOVATIVE, HIGH-YIELDING PRODUCTS TO PROP UP DEPOSITS

• Why in the news: Banks are launching new, innovative deposit schemes to offer higher rate of
interest and also resemble capital market instruments.
• Jana Small Finance Bank:
o Launched a 'Liquid Plus' fixed deposit product.
o Interest rate: 6.75%
o Tenures range: 7 to 180 days
o Minimum deposit:
▪ ₹10 lakh for retail deposits up to ₹3 crore
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▪ Above ₹3 crore to ₹200 crore for bulk deposits per customer

• Bank of Baroda (BoB):
o Bank recently renamed a recurring deposit product as systematic deposit plan
(SDP).
NAVI BECOMES SIXTH LARGEST UPI PLAYER, OVERTAKES AMAZON PAY

• Why in the news: Navi (fintech company owned by Flipkart co-founder Sachin Bansal)
has become India's sixth-largest player on the Unified Payments Interface.
• Surpassed: Amazon Pay
• Data shared by: National Payments Corporation of India (NPCI)
• Top UPI Player: PhonePe (Backed by Walmart), Google Pay, Paytm, Cred, and Axis Bank
Apps
AU SMALL FINANCE BANK TIES UP WITH NIVA BUPA TO OFFER HEALTH

INSURANCE PRODUCTS
• Why in the news: AU Small Finance Bank has joined hands with Niva Bupa Health
Insurance Company to prioritise the health of its one crore-plus customers.
National
JSW INFRASTRUCTURE TO INVEST ₹2359 CRORE IN PORTS EXPANSION
• Why in the news: JSW Infrastructure Limited, India’s second-largest private commercial
port operator, has approved a ₹2,359 crore capital expenditure plan.
• Reason: To expand capacity at its Jaigarh and Dharamtar ports, located in Maharashtra.
• Aim: To increase its total capacity by 36 million tonnes per annum (MTPA), with 21 MTPA at
Dharamtar and 15 MTPA at Jaigarh.
• Project Deadline: March 2027
CCI TIGHTENS OVERSIGHT ON DIGITAL MERGERS, MANDATES CLEARANCE FOR

BIG DEALS
• Why in the news: The Corporate Affairs Ministry (MCA) has revamped merger control
regime as envisaged under the Competition (Amendment) Act 2023, effective from
September 10, 2024.
• New amendments are as follow:
o Competition Commission of India (CCI) to
complete its merger review within 150
days as against the current timeline of 210
days.
o MCA has also now provided exemption
from “standstill obligations” for the open
offers triggered from acquisition of
controlling stake through transactions put
through the stock exchanges.

Crack Grade B 15
o ‘Deal value threshold’ provision would come into effect from September 10. With
this move transactions where: -
• (i) global deal value is in excess of ₹2,000 crore (about $ 240
million); and
• (ii) the party acquired, taken control of, merged or amalgamated has
‘substantial business operations in India’ (SBO)
▪ Require prior CCI approval.
▪ The CCI will determine the deal value looking at all forms of consideration
over a period of two years prior to the transaction.
o MCA has also notified new rules —Competition (minimum value of assets or turnover)
Rules — that provides a safe harbour for combinations requiring approval from CCI.
▪ Under these Rules, any acquisition, merger, or amalgamation of an
enterprise with asset size of less than ₹ 450 crore and turnover of less
than ₹1,250 crore would not be treated as a combination requiring CCI
approval.
o For non-digital firms, transactions with an annual Gross Merchandise Value (GMV)
or turnover exceeding Rs 500 crore in India will also require mandatory
regulatory approval under these new regulations.
CENTRE PERMITS MP, MAHARASHTRA AND KARNATAKA TO PURCHASE

SOYBEAN AT MSP
• Why in the news: The Centre permitted Madhya Pradesh, Maharashtra and Karnataka to
procure soybeans at the fixed MSP of Rs 4,892 per quintal.
CENTRE REVISES NATIONAL HIGHWAY RULES

• Why in the news: The Ministry of Road Transport and Highways (MoRTH) issued a
notification that will enable free journey of up to 20 kilometres a day in each direction
on national highways and expressways for vehicles equipped with the Global Navigation
Satellite System (GNSS).
• The ministry has amended the National Highways Fee (Determination of Rates and
Collection) Rules, 2008.
• Reason: To include provisions related to GNSS-based electronic toll collection in India
• Objective: To reduce congestion at highway toll plazas and charge the toll on the basis of
actual distance travelled.
IEPFA ORGANISED ‘NIVESHAK MASHAL’ ANNUAL HALF MARATHON
• Why in the news: The Investor Education and Protection Fund Authority (IEPFA) has
organised the annual half marathon “Niveshak Mashal”.
• It was organized in collaboration with the National Council of Applied Economic
Research (NCAER) and Pardada Pardadi Educational Society (PPES).
• Aim: To promote financial literacy and investor awareness at the PPES Campus in
Anupshahr, Uttar Pradesh.
QCI APPROVES NTH GHAZIABAD AS A CERTIFICATION BODY FOR TYPE

CERTIFICATION OF DRONES

Crack Grade B 16
• Why in the news: National Test House (NTH), Northern Region, Ghaziabad has been
provisionally approved by the Quality Council of India (QCI) as a Certification Body for
type certification of drones.
• It is a part of the Certification Scheme for Unmanned Aircraft Systems (UAS).
• This significant milestone aligns with the Government of India’s push towards fostering a
robust and globally competitive drone ecosystem under the Drone Rules 2021.
• National Test House is offering its drone certification services at a highly competitive fee of
₹1.5 lakh for the certification process, which is the lowest in the industry.
UNION MINISTER RAJIV RANJAN SINGH TO LAUNCH PRADHAN MANTRI MATSYA

KISAN SAMRIDHI SAH-YOJNA
• Why in the news: Union Minister for Fisheries, Animal Husbandry & Dairying and Panchayati
Raj, Rajiv Ranjan Singh alias Lalan Singh has launched Pradhan Mantri Matsya Kisan
Samridhi Sah-Yojna.
• He has also released Standard Operating Procedure on Production & Processing Clusters
in Fisheries Sector.
• About Pradhan Mantri Matsya Kisan Samridhi Sah-Yojana (PM-MKSSY):
o It is a sub-scheme under Pradhan Mantri Matsya Sampada Yojana (PMMSY)
o Implementation: 2024-25
o Investment plan: Rs 6,000 crore
o Focus: To enhance production, productivity, improving quality, boosting exports,
reducing post-harvest losses and fostering innovation & innovative, technology
infusion, entrepreneurship development, create livelihood and employment
opportunities to fishers, fish farmers and other stakeholders and welfare of fishers,
fish farmers, fish workers fish vendors, and other directly associated fisheries value
chain
MINISTRY OF STEEL SUCCESSFULLY HOSTS 'GREENING STEEL: PATHWAY TO

SUSTAINABILITY' EVENT IN NEW DELHI
• Why in the news: The Ministry of Steel hosted the event ‘Greening Steel: Pathway to
Sustainability’ in New Delhi.
• Chief Guest: H. D. Kumaraswamy, Union Minister of Steel and Heavy Industries
• He also released the Report titled “Greening the Steel Sector in India: Roadmap and
Action Plan.”
SUZLON ENERGY WINS LARGEST RENEWABLE ENERGY ORDER OF INDIA FROM

NTPC GREEN ENERGY
• Why in the news: Suzlon Energy Ltd has won an order of 1,166 MW from NTPC Green
Energy Ltd., the renewables arm of state-run NTPC Ltd.
• This is the largest wind energy order in India.
• Suzlon will install a total of 370 wind turbine generators (WTGs) of S144 equipped with a
hybrid lattice tubular (HLT) tower and a rated capacity of 3.15 MW each at two projects of
NTPC Renewable Energy and one project of IndianOil NTPC Green Energy Pvt. Ltd. in the
state of Gujarat.

Crack Grade B 17
UNION HOME MINISTER LAUNCHED KEY INITIATIVES FOR PREVENTION OF

CYBERCRIME IN NEW DELHI
• Why in the news: Union Home Minister Amit Shah
has attended the first foundation day celebration of
the Indian Cyber Crime Coordination Centre (I4C),
where he also dedicated a ‘Cyber Fraud Mitigation
Centre’ (CFMC) to the nation.
• During the event, he also informed that the Centre
aims to train and prepare 5,000 ‘Cyber
Commandos’ over the next five years
• Aim: To tackle the growing concerns around the rise of
cybercrime.
• He also inaugurated 'Cyber Commandos' Program.
o Under this program a special wing of trained
'Cyber Commandos' in States/UTs and Central
Police Organizations (CPOs) will be established
to counter threats of cyber security landscape in the country. Trained Cyber
Commandos will assist States/UTs and Central Agencies in securing the digital
space.
• He also inaugurates Suspect Registry.
HEALTH MINISTRY RELEASES "HEALTH DYNAMICS OF INDIA (INFRASTRUCTURE

AND HUMAN RESOURCES) 2022-23"
• Why in the news: Union Health Secretary, Apurva Chandra released "Health Dynamics of
India (Infrastructure and Human Resources) 2022-23", an annual publication formerly
known as “Rural Health Statistics”.
• The document has been published since 1992.
• As of March 31, 2023, the country has a total of 1,69,615 Sub-Centres (SCs), 31,882
Primary Health Centres (PHCs), 6,359 Community Health Centres (CHCs), 1,340 Sub-
Divisional/District Hospitals (SDHs), 714 District Hospitals (DHs), and 362 Medical Colleges
(MCs) serving both rural and urban areas.
DOT SIMPLIFIES TELECOM LICENSING PROCESSES

• Why in the news: Department of Telecommunications (DoT) has simplified approval
processes for telecom licenses and wireless equipment.
• DoT has introduced significant changes to the processes for issuing Experimental
Licenses, Demonstration Licenses, and Equipment Type Approvals.
• Aim: To reduce delays and simplifying regulatory requirements, fostering innovation and
streamlining operations for businesses and telecom operators.
• Experimental Licenses:
o Fixed timelines have been introduced
o Aim: To ensure quicker approvals and the license will be deemed issued after 30 days
if no decision is conveyed.
o In cases requiring Inter-Ministerial Consultation, the DoT will seek comments within
seven days of receiving a complete application.
o If no comments are received, a provisional license will be granted after 60 days,
which will be converted to a regular license after 90 days.
Crack Grade B 18
• Demonstration Licenses:
o The licenses without Inter-Ministerial Consultation will be deemed granted after
15 days and for those requiring consultation, it will be deemed granted after 45
days once comments are sought from relevant authorities.
UNION MINISTER DR. JITENDRA SINGH TO LAUNCH DEDICATED WEB-PORTAL

FOR SPECIAL SWACHHATA CAMPAIGN 4.0
• Why in the news: Union Minister Dr. Jitendra will launch an online web-portal i.e.
https://scdpm.nic.in/specialcampaign4/, on September 13, 2024.
• Reason: To monitor the progress of Special Swachhata Campaign 4.0 Launched at: Virtual
meeting
• Implementation Phase of Special Campaign 4.0: 2nd- 31st October, 2024
INDIAN EMBASSY IN BAHRAIN LAUNCHES NEW DISPLAYS SHOWCASING PUNJAB

TOURISM AND ODOP SCHEME
• Why in the news: The Indian Embassy in Bahrain unveiled new displays showcasing
Punjab’s tourism attractions and One District One Product (ODOP) scheme.
• The event marks Punjab as the sixth state to be featured in the Embassy’s ongoing ‘focus
state-union territory’ initiative.
• Note: ‘One District One Product’ (ODOP) initiative has been launched under ‘Pradhan
Mantri Formalisation of Micro Food Processing Enterprises (PMFME) Scheme’.
NIMI UNDER MSDE LAUNCHES SERIES OF YOUTUBE CHANNELS

• Why in the news: The National Instructional Media Institute (NIMI), under the Ministry of
Skill Development and Entrepreneurship (MSDE), launched a series of YouTube channels.
• Name of YouTube Channel: National Instructional Media _ Official
• Language: English, Hindi, Tamil, Bengali, Marathi, Punjabi, Malayalam, Telugu, and Kannada
• Focus: To provide high-quality training videos to millions of learners across India’s Industrial
Training Institute (ITI) skill ecosystem
• Aim: To help learners improve their technical skills through free, easy-to-access digital
resources.
NATIONAL SAMPLE SURVEY OFFICE UNDER MOSPI CONDUCTS CONFERENCE ON

UPCOMING ENTERPRISE SURVEYS
• Why in the news: The National Sample Survey Office (NSSO) held a conference in New
Delhi on upcoming Enterprise Surveys around the country.
• Focus: To discuss surveys that will shape the understanding of India’s economic and
business landscape.
• Five major enterprise-related initiatives of the Ministry of Statistics and Programme
Implementation were discussed at the conference.
• These initiatives include:
o Annual Survey of Industries,
o Annual Survey of Unincorporated Sector Enterprises,
o Annual Survey of Service Sector Enterprises,
o Capital Expenditure Survey,

Crack Grade B 19
o Economic Census
• NSSO Director General: Geeta Singh Rathore
CABINET APPROVES ₹5 LAKH HEALTH INSURANCE FOR SENIOR CITIZENS ABOVE

70 YEARS
• Why in the news: The Union Cabinet,
headed by PM Modi, has given its nod to
giving health coverage to all senior
citizens who are above 70 years under
Ayushman Bharat PM Jan Arogya
Yojana, irrespective of income.
• The senior citizens will get the facility of
free treatment up to 5 lakh rupees.
• All other senior citizens of 70 years and
above will get a cover upto 5 lakh rupees
per year on a family basis.
• Senior citizens of the age 70 years and above:
o Case 1: Those are already availing benefits of other public health insurance
schemes such as Central Government Health Scheme, Ex-Servicemen Contributory
Health Scheme, Ayushman Central Armed Police Force may either choose their
existing scheme or opt for AB PMJAY.
o Case 2: Those are under private health insurance policies or Employees’ State
Insurance scheme will be eligible to avail benefits under AB PM-JAY.
UNION CABINET APPROVES ₹70,125 CRORE FOR PMGSY-IV ROAD SCHEME
• Why in the news: Union Cabinet, headed by PM
Modi, has given its approval to the proposal of the
Department of Rural Development for the
implementation of the Pradhan Mantri Gram
Sadak Yojana -IV (PMGSY-IV).
• Tenure: 2024-25 to 2028-29
• Total outlay: 70,125 crore rupees (Central Share of
Rs. 49,087.50 crore and Sate Share of Rs.
21,037.50 crore)
• Construction of: 62,500 Kilometres Road
• Aim: To provide new connectivity to eligible 25,000
unconnected habitations
• About PMGSY:
• Phase 1
o Launched in: 2000
o Aim: To provide all-weather access to
eligible unconnected habitations.
• PMGSY II:
o Launched in: 2013
o Aim: To upgrade 50,000 Km in various States and Union Territories
• PMGSY III
o Launched in: 2019

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o Target: For consolidation of 1,25,000 Km roads connecting habitations to Gramin

Agricultural Markets (GrAMs), Higher Secondary Schools and Hospitals.
UNION MINISTER KIREN RIJIJU INAUGURATES 6 INITIATIVES

• Why in the news: Parliamentary Affairs Minister Kiren Rijiju inaugurated six initiatives as
part of the 100-day achievements of the ministry in New Delhi.
• Six initiatives are:
o National e-Vidhan Application-NeVA 2.0
o NeVA Mobile App version 2.0
o NYPS Portal 2.0
o NYPS for Eklavya Model Residential Schools (EMRSs)
o Subordinate Legislation Management System (SLMS)
o Consultative Committee Management System (CCMS)
PM NARENDRA MODI INAUGURATES SEMICON INDIA 2024

• Why in the news: Prime Minister Narendra Modi today inaugurated SEMICON India 2024 in
Greater Noida.
• Theme 2024: 'Shaping the Semiconductor Future'
• Date: 11 to 13th September, 2024
• He also informed that the government has set a target to make the country’s electronics
sector a 500 billion dollars’ worth industry (Current value: $150 billion) by the end of
2030.
PM MODI TO RELEASE ₹2,745 CRORE FOR PM AWAS YOJANA BENEFICIARIES

• Why in the news: The Prime Minister Narendra Modi will release an instalment of 2,745
crore rupees to lakhs of beneficiaries of the ambitious PM Awas Yojana on the 15th of
September in Jamshedpur, Jharkhand.
• Ministry Involved Pradhan Mantri Awaas Yojana- Gramin (PMAY-G): Ministry of Rural
Development
• Ministry involved Pradhan Mantri Awas Yojana – Urban (PMAY-U): Ministry of Housing and
Urban Affairs
UNION RURAL DEVELOPMENT MINISTER APPROVES RURAL ROADS OF MADHYA

PRADESH, MAHARASHTRA AND KERALA
• Why in the news: Union Rural
Development Minister Shivraj Singh
Chouhan approved roads of Madhya
Pradesh, Maharashtra and Kerala.

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UNION MINISTER RAJIV RANJAN SINGH LAUNCHES 'RANGEEN MACHHLI' APP

• Why in the news: Union Minister for Fisheries, Animal Husbandry and Dairying, Rajiv Ranjan
Singh launched the "Rangeen Machhli" mobile app
• Launched at: ICAR-Central Institute of Freshwater Aquaculture (ICAR-CIFA), Bhubaneswar
• Developed by: ICAR-CIFA with support from the Pradhan Mantri Matsya Sampada Yojana
(PMMSY)
• The "Rangeen Machhli" app provides multilingual information on popular ornamental fish
species in eight Indian languages.
• He also launched "Amrit Catla," a genetically improved variety of Catla (Labeo catla).
CABINET APPROVES 'MISSION MAUSAM'

• Why in the news: The Union Cabinet, chaired by
the Prime Minister Narendra Modi, has approved
‘Mission Mausam'.
• Total Outlay: Rs.2,000 crore Tenure: Over two
years
• Aim: To tremendously boost India's weather and
climate-related science, research, and services
• Implemented by: Ministry of Earth Sciences
• Three institutes of the Ministry of Earth
Sciences will primarily implement Mission
Mausam. These are:
o The India Meteorological Department,
o The Indian Institute of Tropical
Meteorology,
o The National Centre for Medium-Range
Weather Forecasting
• These institutions will be supported by other MoES institutions (Indian National Centre for
Ocean Information Services, National Centre for Polar and Ocean Research, and National
Institute of Ocean Technology).
CABINET APPROVES PM ELECTRIC DRIVE REVOLUTION IN INNOVATIVE VEHICLE

ENHANCEMENT (PM E-DRIVE) SCHEME
• Why in the news: The Union Cabinet chaired by the PM Narendra Modi, has approved the
implementation of scheme titled ‘PM Electric Drive Revolution in Innovative Vehicle
Enhancement (PM E-DRIVE) Scheme'
• Proposed by: Ministry of Heavy Industries
• Aim: To promote electric mobility in the country
• Total outlay: Rs 10,900 crore over a period of two years

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FIVE SUCCESSFUL YEARS OF PRADHAN MANTRI KISAN MAANDHAN YOJANA (PM-

KMY)
• Why in the news: The Pradhan Mantri Kisan Maandhan Yojana
(PM-KMY), launched on 12th September 2019, has completed
five successful years.
• PM-KMY:
o Aim: To provide social security to all land-holding
Small and Marginal Farmers (SMFs) across the country.
o Fixed monthly pension of Rs. 3,000 after attaining
the age of 60.
o Farmers aged between 18 and 40 years need to contribute between Rs. 55 to
Rs. 200 per month until they turn 60.
o The Life Insurance Corporation (LIC) manages the pension fund, and
beneficiary registration is facilitated through Common Service Centres (CSCs) and
State Governments.
o Under the scheme, Bihar leads with over 3.4 lakh registrations while Jharkhand
ranks second with over 2.5 lakh registrations.
o Further, Uttar Pradesh, Chhattisgarh, and Odisha have over 2.5 lakh, 2 lakh, and
1.5 lakh farmer registrations, respectively.
o If a subscriber passes away while receiving their pension, their spouse will be
entitled to a family pension equal to 50% of the amount the subscriber was
receiving i.e. Rs.1500 per month as Family Pension.
UNION CABINET APPROVED “PM-EBUS SEWA-PAYMENT SECURITY MECHANISM

(PSM) SCHEME”

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• Why in the news: The “PM-eBus Sewa-Payment

Security Mechanism (PSM) scheme” was
approved by the Union cabinet, headed by PM Modi.
• Total Outlay: Rs. 3,435.33 crore
• Tenure: FY 2024-25 to FY 2028-29
• This scheme will support deployment of more than
38,000 electric buses (e-Buses)
• The scheme will support the operation of e-buses
for a period of up to 12 years from the date of
deployment.
CABINET APPROVES BUDGETARY SUPPORT FOR THE COST OF ENABLING

INFRASTRUCTURE FOR HYDRO ELECTRIC PROJECTS
• Why in the news: The Union Cabinet chaired by the Prime Minister Narendra Modi has
approved the modification of the scheme of budgetary support for the cost of Enabling
Infrastructure for Hydro Electric Projects (HEP).
• Total outlay: Rs.12461 crore
• Tenure: FY 2024-25 to FY 2031-32
• Proposed by: Ministry of Power
• Cumulative generation capacity: 31350 MW
• The Government of India has been taking several policy initiatives to address the issues
impeding Hydro Power development, viz., remote locations, hilly areas, lack of infrastructure
etc.
• The scheme will be applicable to all Hydro Power Projects of more than 25 MW capacity
including the private sector projects which have been allotted on a transparent basis.
• The limit of Budgetary Support for the cost of Enabling Infrastructure has been rationalized
to Rs.1.0 crore/MW for projects up to 200 MW and Rs.200 crore plus Rs.0.75 crore per
MW exceeding 200 MW, for projects above 200 MW.
ONDC LAUNCHES SAARTHI REFERENCE APP FOR BUSINESSES TO CREATE

MULTILINGUAL BUYER APPS
• Why in the news: Open Network for Digital Commerce (ONDC) launched Saarthi, a
reference application designed to assist businesses in creating their own customised
buyer-side apps, co-developed with Bhashini.
• As a reference tool, Saarthi supports network participants in building buyer apps with
multilingual features.
• The app initially supports Hindi, English, Marathi, Bangla and Tamil, with plans to scale up
to all 22 languages provided by Bhashini.

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INAUGURATION OF CENTRE FOR RURAL ENTERPRISE ACCELERATION THROUGH

TECHNOLOGY (CREATE) AT LEH
• Why in the news: Union Minister for MSME, Jitan Ram Manjhi inaugurated the Centre for
Rural Enterprise Acceleration through Technology (CREATE) setup at Leh.
• Reason: To provide a Pashmina Wool Roving Facility, Training for development of production
facility for Essential Oil Extraction from Roses and Other Flowers and Training for
development of production facility for Bio-processing of available fruits and other raw
materials.
PRIME MINISTER NAMES NEW BORN CALF IN HIS RESIDENCE

• Why in the news: The Prime Minister, Narendra Modi has adopted a new born calf in his
residence, 7, Lok Kalyan Marg, New Delhi, named as Deepjyoti.
UNION MINISTER JYOTIRADITYA M. SCINDIA LAUNCHES THE ‘ASHTALAKSHMI

MAHOTSAV’ WEBSITE
• Why in the news: Union Minister for Communications and Development of North Eastern
Region (DoNER), Jyotiraditya M. Scindia has launched the official website for the much-
anticipated Ashtalakshmi Mahotsav i.e. www.ashtalakshmimahotsav.com.
• About Ashtalakshmi Mahotsav:
o Date: December 6th to 8th, 2024
o Location: Bharat Mandapam, Pragati Maidan, New Delhi
o The festival draws inspiration from the eight Northeastern states—Arunachal
Pradesh, Assam, Manipur, Meghalaya, Mizoram, Nagaland, Sikkim, and Tripura—
collectively known as the "Ashtalakshmi."
o The event will feature pavilions dedicated to Northeast India's celebrated Muga and
Eri Silk, live demonstrations of artisanal crafts, and a special focus on the
region's Geographical Indication (GI) products.
UNION MINISTER PIYUSH GOYAL UNVEILS JAN SUNWAI PORTAL IN MUMBAI

• Why in the news: Union Minister Piyush Goyal unveiled the Jan Sunwai portal of the
Ministry of Commerce and Industry in Mumbai, Maharashtra.
• The portal is designed to facilitate direct and transparent interactions between traders
and help exporters resolve their issues online.
• It includes several departments such as the Tea Board, Coffee Board, Spices Board, Rubber
Board, APEDA, and the Directorate General of Foreign Trade, all functioning under the
Ministry.
• He also inaugurated the revamped SMILE-ERP facility of the Export Credit Guarantee
Corporation.
ADANI LAUNCHES AVIIO APP

• Why in the news: Adani Airports Holdings Ltd. launched the ‘aviio’ digital platform to
provide passengers with real-time data about airport access.
• Through ‘aviio,’ passengers can expect easier access by getting real-time data such as
security checks, waiting time, gate change, and bags on the belts, among other information.
• Aim: To serve the aviation community and set new standards for airport operations
management and passenger experience.
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INDIA TO SET UP TWO MEGA SHIPBUILDING PARKS BY 2030

• Why in the news: India will set up two operational Mega shipbuilding parks by 2030,
eyeing a share of the $100 billion global shipbuilding market.
• The parks will be located on both the East and West coasts, with basic infrastructure
provided by the government and critical equipment by private players.
• This initiative will enhance domestic shipbuilding capabilities and create jobs.
SPICES BOARD LAUNCHES MOBILE APP TO BOOST CARDAMOM PRODUCTION

• Why in the news: The Spices Board of India introduced a mobile application called
‘CardsApp’ to encourage cardamom production.
• ‘CardsApp,’ will provide vital soil test results, including a Soil Fertility Map, from samples
collected across 19 villages in Udumbanchola and Idukki regions known for their cardamom
cultivation potential.
INDIAN IMMUNOLOGICALS LIMITED PARTNERS WITH ICMR FOR CLINICAL

DEVELOPMENT OF ZIKA VACCINE
• Why in the news: Indian Immunologicals Limited (IIL) has signed MoA with Indian
Council of Medical Research (ICMR) for clinical development of India’s first codon de-
optimized live attenuated Zika vaccine.
• Zika disease:
o It is a viral infection.
o It is mostly a mosquito-borne disease transmitted by Aedes mosquitoes.
PIYUSH GOYAL LAUNCHES TRADE CONNECT E-PLATFORM IN NEW DELHI
• Why in the news: Union Minister of Commerce and Industry, Piyush Goyal launched the
Trade Connect e-Platform in New Delhi.
• The Trade Connect e-Platform is a single window initiative that is fast, accessible and
transformational as it will enable exporters to add newer markets.
• This platform will be able to increase its market share in the world, adding that
international opportunities will be showcased on the platform.
• The Trade Connect e-Platform (https://trade.gov.in), is a new digital initiative aimed at
transforming the landscape of international trade for Indian exporters, especially MSMEs
(Medium, Small and Medium Enterprises).
• The platform, developed in collaboration with key partners including the Ministry of MSME,
EXIM Bank, Department of Financial Services (DFS), and the Ministry of External Affairs
(MEA), is set to address information asymmetry by offering exporters comprehensive support
and resources.
OPERATION SADBHAV
• Why in the news: The Government of India launched Operation Sadbhav to provide
humanitarian assistance to countries affected by Typhoon Yagi.
• Countries: Laos, Myanmar, Vietnam
o Vietnam: India has committed $1million worth of flood relief assistance
o Laos: Assistance of $1,00,000
o Myanmar: Ten tonnes of aid, including dry ration, clothing and medicines sent for
Myanmar onboard INS Satpura.

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• Note: Typhoon Yagi is named after the Japanese word for goat and the constellation of
Capricornus.
4 YEARS OF PRADHAN MANTRI MATSYA SAMPADA

YOJANA
• Why in the news: Pradhan Mantri Matsya Sampada
Yojana (PMMSY) has recently completed its four years
of inception on 10th September 2024.
• Ministry: Ministry of Fisheries, Animal Husbandry and
Dairying
• Aim: To address critical gaps in fish production and
productivity, quality, technology, post-harvest
infrastructure and management, and strengthen the
value chain
• Tenure: 2020-21 to 2024-25
• Investment outlay: Rs 20,050 crore
• The PMMSY is an umbrella scheme with two
separate components as below:
o Central Sector Scheme: Fully funded and
implemented by the Central Government
o Centrally Sponsored Scheme: Partially
supported by the federal government and
implemented by the states.
PM MODI LAUNCHES NAMO BHARAT RAPID RAIL

• Why in the news: Prime Minister Narendra Modi flagged off India's first Namo Bharat Rapid
Rail service, between Bhuj and Ahmedabad on September 17, 2024.
• Earlier, it was known as Vande Metro.

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• Time: 5:05 am (Bhuj) - Ahmedabad (10:50 am)

• Total Time: 5 hours and 45 minutes
• Total Distance: 360-kilometre
• Speed: 110 kilometres per hour
• Cost Journey: Rs 455
• Other launches:
o Single Window IT System (SWITS) of International Financial Services Centres
Authority.
o 30 MW solar system, a 35-Megawatt BESS Solar PV Project at Kutch Lignite
Thermal Power Station, Kutch and 220 Kilovolt substations at Morbi and Rajkot.
o He also flagged off several Vande Bharat trains on routes –
▪ Nagpur to Secunderabad,
▪ Kolhapur to Pune,
▪ Agra Cantt to Banaras,
▪ Durg to Visakhapatnam,
▪ Pune to Hubballi,
▪ First 20-coach Vande Bharat train from Varanasi to Delhi.
o Foundation stone of several key projects:
▪ Quadrupling of the Samakhiali – Gandhidham and Gandhidham – Adipur
railway lines,
▪ The development of iconic roads in AMC, Ahmedabad, and the construction
of flyover bridges over Bakrol, Hathijan, Ramol, and Panjarpol Junction.
JINDAL STEEL BETS BIG ON GREEN HYDROGEN

• Why in the news: Jindal Steel and Power Ltd has signed an MoU with Jindal Renewable
Power Private Ltd (JRPL) to initiate India’s largest investment in green hydrogen by a
domestic steelmaker.
• Under the agreement, JSPL plans to integrate green hydrogen into its direct reduced iron
(DRI) units at its Angul facility in Odisha.
• JRPL will spearhead the development of green hydrogen production with a capacity of up to
4,500 tonnes annually, set to begin by December 2025.
• In addition, the project will generate 36,000 tonne oxygen annually, which will be supplied
to the Angul steelworks.
ICAI LAUNCHES AQMM 2.0

• Why in the news: The Institute of Chartered Accountants of India (ICAI) has rolled out the
Audit Quality Maturity Model (AQMM) 2.0.
• It applies to firms auditing listed entities, banks (excluding co-operative banks), and
insurance companies.
• This new model follows the mandatory implementation of AQMM 1.0 on April 1, 2023.
• Under AQMM 1.0, audit firms were assessed by peer reviewers, with their ratings made
available on the ICAI website alongside their peer review certificates.
• AQMM 2.0 continues this requirement, ensuring that the same firms remain subject to
evaluation.
RELIANCE POWER SECURES 500 MW STORAGE CONTRACT

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• Why in the news: Reliance Power Ltd secured a contract for a 500 megawatt (MW)/1000
MWh battery energy storage system (BESS).
• It has secured the order from the Solar Energy Corporation of India (SECI), which
conducted the e-reverse auction (eRA) as part of its ongoing push to enhance the nation’s
energy storage capabilities.
PM MODI INAUGURATES TUTICORIN INTERNATIONAL CONTAINER TERMINAL

• Why in the news: Prime Minister Narendra Modi addressed the inauguration of the
Tuticorin International Container Terminal in Tamil Nadu, marks a significant
enhancement to the capacity of VOC Port.
UNION MINISTER SARBANANDA SONOWAL INAUGURATES ₹400 CRORE

CONTAINER TERMINAL
• Why in the news: Union Minister of Shipping, Ports and Waterways Sarbananda Sonowal
inaugurated the ninth container terminal at the Thoothukudi Port.
• He also dedicated other facilities like the Drone monitoring Centre, Orchard, Tower lights and
Solar power plant.
• The new container terminal built at Rs. 400 Crore can handle 6 lakh containers annually.
• The Government was keen on promoting the port infrastructure all over the Country.
GOVT TO START SWACCHATA HI SEVA ABHIYAN 2024 ACROSS COUNTRY

• Why in the news: Swacchata Hi Seva Abhiyan
2024 has been started on 17th September
2024 and continue till 2nd October, 2024.
• The theme for 2024 is Swabhav Swachhata-
Sanskaar Swacchta.
• This year’s campaign is built around three key
pillars under the whole of society approach
o (1) Cleanliness Target Units (CTU)
Shramdaan activities,
o (2) Swachhata Mein Jan Bhaagidari,
o 3) SafaiMitra Suraksha Shivir
COMMERCE & INDUSTRY MINISTER PIYUSH GOYAL LAUNCHES BHASKAR

• Why in the news: Department for Promotion of Industry and Internal Trade (DPIIT),
Commerce and Industry Minister launched the BHASKAR in New Delhi, under the Startup
India program.
• BHASKAR: Bharat Startup Knowledge Access Registry
• BHASKAR is an interactive online platform that will centralise, streamline, and enhance
collaboration among key stakeholders within the entrepreneurial ecosystem, including
startups, investors, mentors, service providers, and regulatory bodies.
• Startup India Programme:
o Launched on: 6th January 2016
o It is a flagship initiative of DPIIT under Ministry of Commerce and Industry.
o DPIIT has recognized 1,40,803 entities as startups as on 30th June 2024.

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MANSUKH MANDAVIYA SETS TARGET FOR ONBOARDING AGGREGATORS, GIG

WORKERS ON E-SHRAM PORTAL
• Why in the news: Union Labour Minister Mansukh Mandaviya set a three-month target to
onboard all aggregators, gig workers and platform workers onto the e-Shram platform.
• Reason: To ensure that gig and platform workers gain access to social security schemes.
• e-Shram portal:
o Ministry: Ministry of Labour & Employment
o Aim: To create a National Database of Unorganized Workers (NDUW), which will be
seeded with Aadhaar
o An e-Shram card containing a 12-digit unique number.
o Validity period of e-Shram card: No
GOVT RESTORES WHEAT ALLOCATIONS FOR PMGKAY BENEFICIARIES

• Why in the news: The government has restored wheat allocation of 35 lakh (3.5 million)
tonnes of wheat to beneficiaries of the Pradhan Mantri Garib Kalyan Anna Yojana
(PMGKAY) under the National Food Security Act (NFSA).
• This will be in addition to the existing annual allocation of 184 lakh tonnes.
• About PMGKAY:
o Launched in: April 2020
o Aim: To offer relief to those adversely affected by the pandemic, especially the poor
and marginalised
o The scheme encompasses to distribute 5 kg of free food grains each month,
along with cash transfers to women and elderly individuals
• What is the National Food Security Act (NFSA)?
o Under this act, a legal right has been given to person, belonging to eligible
households to receive food grains at subsidized price, under the Targeted Public
Distribution System (TPDS):
▪ Rice at Rs 3/kg,
▪ Wheat at Rs 2/kg
▪ Coarse grain at Rs 1/kg
▪ The Act legally entitled up to 75% of the rural population and 50% of the
urban population to receive subsidized food grains under TPDS.
SUNIEL SHETTY-BACKED ZERO-COMMISSION FOOD DELIVERY APP WAAYU JOINS

ONDC
• Why in the news: Zero-commission food delivery app 'Waayu' has joined the Open
Network for Digital Commerce (ONDC) as a seller marketplace.
• The app is backed by Indian actor, Suniel Shetty and the Mumbai-based Indian Hotel and
Restaurant Association (AHAR).
• About ONDC:
o Launched in: 2021
o Established by: Department for Promotion of Industry and Internal Trade (DPIIT)
o Initial investor: Quality Council of India (QCI) and Protean eGov Technologies
Limited (formerly NSDL e-Governance Infrastructure Limited)

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CABINET APPROVALS
ESTABLISHMENT OF THE NATIONAL CENTRE OF EXCELLENCE (NCOE) FOR

AVGC-XR
• Why in the news: The Union Cabinet approved the
establishment of the National Centre of Excellence
(NCoE) for Animation, Visual Effects, Gaming, Comics
and Extended Reality (AVGC-XR)
• Approved by: Prime Minister Narendra Modi
• It will be established as a Section 8 Company under
the Companies Act, 2013 in India with Federation of
Indian Chambers of Commerce & Industry and
Confederation of Indian Industry (FICCI) and
Confederation of Indian Industry (CII).
• It will be set up in Mumbai, Maharashtra.
• NCoE will serve as an academic accelerator and
production/ industry accelerator.
CABINET APPROVES NUTRIENT BASED SUBSIDY (NBS) RATES FOR RABI SEASON,
2024
• Why in the news: The Union Cabinet approved fixing the
Nutrient Based Subsidy (NBS) rates for RABI Season,
2024 on Phosphatic and Potassic (P&K) fertilizers.
• Rabi Season: 1st October 2024 to 31st March 2024.
• Proposed by: The Ministry of Chemicals & Fertilizers
• Tentative budgetary requirement for Rabi season 2024:
Rs.24,475.53 crore (Approx)
• Reason: To ensure smooth availability of these fertilizers
to the farmers at affordable prices
APPROVAL FOR CHANDRAYAAN-4 MISSION

• Why in the news: The union cabinet has approved Chandrayaan-4, a mission to moon.
• Focus Area:

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o To develop and demonstrate the

technologies to come back to Earth after
successfully landing on the Moon
o Collect moon samples and analyse them on
Earth.
• Total Fund: Rs. 2104.06 Crore
• Planned by: 2040
• Note: ISRO will be responsible for the development of
spacecraft and launch.
• Chronology of Chandrayaan Mission:
• Chandrayaan Mission 1:
o Launched on: October 22, 2008
o Achievements: Discovered traces of water
on the moon
o Status: Successful
o Launched on: 22nd July 2019
o Status: Partial success
o Launched on: 14 July 2023
o Landed on moon: August 23, 2023
o Landed at: South Pole of Moon (named as Statio Shiv Shakti or Shiv Shakti Point)
o Status: Successful
▪ Note: August 23 observed as National Space Day
APPROVAL FOR VENUS ORBITER MISSION (VOM)

• Why in the news: The Union Cabinet has approved the
development of Venus Orbiter Mission (VOM), a
significant step towards the Government’s vision of
exploring and studying the Venus.
• Reason: For better understanding of the Venusian
surface and subsurface, atmospheric processes and
influence of Sun on Venusian atmosphere
• Total Fund: Rs.1236 Cr (Out of which Rs 824.00 Crore
will be spent on the spacecraft)
• The mission will be accomplished by Department of
Space.
• Expected to be accomplished: 2028
• About Mars Orbiter Mission (MOM):
o India's maiden interplanetary mission, the
Mars Orbiter Mission (MOM), also called
Mangalyaan.
o Launched on: 5 November 2013
o Landed on: 24 September 2014
o Achievement:
▪ India is the first Asian nation to reach Martian orbit
▪ It is also the second national space agency in the world to do so on its
maiden attempt after the European Space Agency (2003).
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NEW RE-USABLE LOW-COST LAUNCH VEHICLE FOR BHARAT

• Why in the news: The Union Cabinet has approved the development of Next Generation
Launch Vehicle (NGLV).
• Significance: It will help the Government to fulfill its vision
of establishing & operating the Bharatiya Antariksh Station
and towards developing capability for Indian Crewed
Landing on the Moon by 2040.
• Total fund: Rs. 8240
• Scope: Technology Development & Three development
flights
• Schedule: 96 Months (First flight in 84 months)
• Other features:
o LEO (30 ton): Maximum Payload capability of 30
ton to Low Earth Orbit (LEO)
o GTO (12 ton): 3-stage vehicle with Liquid Oxygen-
Methane & Cryo propulsion
o 5m Diameter: Reusable Booster stage with
clustered engines
o 1094 ton Lift-off mass: 3X payload capability at 1.5X cost compared to LVM3
o 2 Variants: Scalable configuration to support future crewed lunar missions
BHARATIYA ANTHARIKSH STATION (BAS)

• Why in the news: The government of India has approved
the building of the first module of the India's space
station by extending the scope of its Gaganyaan mission.
o Revision in Gaganyaan Programme include:
▪ Development and precursor missions for
BAS,
▪ Factoring one additional uncrewed
mission
▪ Additional hardware requirement for the
developments of ongoing Gaganyaan
Programme.
• Name of India's Space Station: Bharatiya Antariksh
Station (BAS-1)
• Aim: To operationalise India’s own space station by
2035.
• To achieve this goal, ISRO will undertake:
o Four missions under ongoing Gaganyaan
Programme by 2026
o Development of first module of BAS
o Four missions for demonstration & validation
of various technologies for BAS by December,
2028.
• Total Fund: 11170 Crore rupees (additional funding)

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• Note: The total funding for Gaganyaan Programme with the revised scope has been enhanced
to ₹20193 Crore.
CABINET ACCEPTS RECOMMENDATIONS OF HIGH-LEVEL COMMITTEE ON

SIMULTANEOUS ELECTIONS
• Why in the news: The Union Cabinet has accepted
the recommendations of the High-Level
Committee on Simultaneous Elections under the
chairmanship of former President Ram Nath
Kovind.
• Recommendations and way forward
o Implement in two phases.
▪ In first phase: Conduct Lok Sabha
and Assembly elections
simultaneously.
▪ In second phase: Conduct local
body elections (panchayat and
municipalities) within 100 days of
general elections.
o Common electoral roll for all elections.
o Will initiate detailed discussions
throughout the country.
o Constitute an implementation group.
• Note:
o Elections have been held simultaneously between 1951 and 1967.
o Law Commission in its 170th report (1999) recommended for One election to
Lok Sabha and all Legislative Assemblies in five years.
o Parliamentary Committee is its 79th Report (2015) suggested methods for
simultaneous elections in two phases.
APPROVAL FOR ‘BIO-RIDE’ SCHEME

• Why in the news: The Union Cabinet approved the
‘Biotechnology Research Innovation and
Entrepreneurship Development (Bio- RIDE).’
• Aim: To support cutting-edge research and
development in biotechnology
• Bio-RIDE combines two existing schemes with a new
component.
o (1) Biotechnology Research and Development
(R&D) --------- Old scheme
o (2) Industrial and Entrepreneurship
Development (I&ED) -------- Old scheme
o (3) Bio-manufacturing and Bio-foundry -----
---New Scheme
• Proposed Outlay: Rs 9,197 crore
• Tenure: 2021-22 to 2025-26 (15th finance
Commission period)

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• Implementation of Bio-RIDE Scheme will:

o Promote Bio-Entrepreneurship
o Advance Innovation
o Facilitate Industry-Academia Collaboration
o Encourage Sustainable Biomanufacturing
o Support researchers through Extramural funding
o Nurturing Human Resource in Biotechnology sector
• Department: Department of Biotechnology (DBT), Ministry of Science and Technology
• Note: India aiming to increase the bioeconomy to US$300 billion by 2030.
APPROVAL FOR PRADHAN MANTRI JANJATIYA UNNAT GRAM ABHIYAN

• Why in the news: The Union Cabinet approved Pradhan
Mantri Janjatiya Unnat Gram Abhiyan (PM-JUGA) for
improving the socio-economic condition of tribal
communities, by adopting saturation coverage for tribal
families in tribal-majority villages and aspirational districts.
• Total outlay: Rs.79,156 crore (Central Share: Rs.56,333
crore and State Share: Rs. 22,823 crore)
• Beneficiaries: More than 5 crore tribal people
• It will cover 549 districts and 2,740 blocks spread across
all tribal majority villages across 30 States / UTs.
• As per the 2011 census, India has ST population of
10.45 crore.
• There are more than 705 tribal communities, spread across
the country, living in remote and hard-to-reach areas.
• Total Goals: 4
o Developing Enabling Infrastructure
o Promotion of Economic Empowerment
o Universalization of Access to Good Education
o Healthy lives and Dignified Ageing
• Implemented by: 17 Ministries
Ministry Interventions/ (Scheme) Beneficiary/ Intervention figure

Ministry of Rural Pucca houses- (PMAY)- 20 lakhs houses
Development (MoRD) Gramin
Connecting Road – (PMGSY) 25000 km road
Ministry of Jal Shakti Water Supply-Jal Jeevan (i). Every eligible village
Mission (JJM) (ii). 5,000 hamlets ≤ 20HH
Ministry of Power House Every unelectrified HH and unconnected
Electrification- [Revamped public institutions
Distribution Sector Scheme (~ 2.35 lakh)
(RDSS)]
Ministry of New and Off-grid Solar. New Solar (i). Every unelectrified HH and public
Renewable Energy Power Scheme institutions not covered through grid.
Ministry of Health and Mobile Medical Units- Up to1000 MMU
family Welfare National Health Mission
Ayushman Card – Pradhan Every eligible HH covered under the
Mantri Jan Arogya Yojana Abhiyan
(PMJAY)-NHA

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Ministry of Petroleum & LPG Connections- (PM 25 Lakhs HH

Natural Gas Ujjwala Yojana) (subject to approval of targets under
original scheme and upon continuation
of the scheme)
Ministry of Women and Establishment of Anganwadi 8000 (2000 New Saksham AWC) & 6000
Child Development Centres- Poshan Abhiyan upgradation to Saksham AWC)
Ministry of Education Construction of Hostels- 1000 hostels
Samagra Shiksha Abhiyan
(SSA)
Ministry of AYUSH Poshan Vatikas- National 700 Poshan Vatikas
AYUSH Mission
Department of Telecom Universal Service Obligation 5000 Villages
Fund/Bharat Net (DoT-MoC)
Ministry of Skill Skill India Mission (Existing Skilling Center in tribal districts
Development and Schemes)/propose 1000 VDVKs, Tribal Groups etc
Entrepreneurship
Ministry of Electronics & Digital Initiatives As applicable
Information Technology
Ministry of Agriculture & Promotion of sustainable FRA Patta holders
Farmer welfare agriculture - Multiple (~2 lakhs beneficiaries)
Schemes of DoAFW
Department of Fisheries Fish culture support- 10,000 community and 1,00,000
Pradhan Mantri Matsya individual beneficiaries
Sampada Yojana (PMMSY)
Department of Animal Livestock rearing- National 8500 Individual /Group beneficiaries
Husbandry & Dairying Livestock Mission
Ministry of Panchayati Raj Capacity building-Rashtriya All Gram Sabhas and concerned officers
Gram Swaraj Abhiyan at Sub division, District and State level
(RGSA) dealing with FRA
Ministry of Tourism Tribal Home Stays-Swadesh 1000 Tribal Home Stays with support of
Darshan upto Rs 5 lakh per unit (for new
construction), upto Rs 3 lakhs
(renovation) and Rs 5 lakh for village
community requirement.
Ministry of Tribal Affairs Pradhan Mantri Adi Adarsh Enhancing the scope of SCA to Tribal
Gram Yojana (PMAAGY) Development / PMAAGY by including
other interventions#

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APPROVES CONTINUATION OF SCHEMES OF PRADHAN

MANTRI ANNADATA AAY SANRAKSHAN ABHIYAN (PM-
AASHA)
• Why in the news: The Union Cabinet has approved the
continuation of schemes of Pradhan Mantri Annadata Aay
SanraksHan Abhiyan (PM-AASHA).
• Reason: To provide remunerative prices to farmers and to
control price volatility of essential commodities for consumers.
• Total financial outgo: Rs. 35,000 crores
• Tenure: Upto 2025-26 (15th Finance Commission Cycle)
• The Government has converged the Price Support Scheme
(PSS) & Price Stabilization Fund (PSF) schemes in PM
AASHA to serve the farmers and consumers more efficiently.
MSDE LAUNCHES TATA SKILL DEVELOPMENT CENTRES IN DELHI AND

BENGALURU
• Why in the news: Jayant Chaudhary, Minister of State (I/C), MSDE, launched a skill
training centre called Airbus- Tata STRIVE Skills Training Centres in Delhi and
Bengaluru.
• Collab between: Tata STRIVE and Airbus India Private Limited
• Aim: To provide a platform to the students who want to make their careers in digital courses
gaining valuable exposure in the training infrastructure that has been established at the
centre
• Tata Group established the Tata Community Initiatives Trust (TCIT) in 2014 and Tata
STRIVE is an initiative under TCIT.
BLUEKRAFT DIGITAL FOUNDATION LAUNCHES VIKSIT BHARAT FELLOWSHIP

PROGRAMME
• Why in the news: BlueKraft Digital Foundation launched the Viksit Bharat Fellowship
programme to encourage and empower writing and creative talents across various
domains.
• A BlueKraft Associate Fellow will receive a monthly stipend of Rs 75,000, a BlueKraft
Senior Fellow will receive a monthly stipend of Rs 1,25,000 and a BlueKraft Distinguished
Fellow will receive a monthly stipend of Rs 2,00,000 during the fellowship period of one year.
PIYUSH GOYAL INAUGURATES AI & MACHINE LEARNING FOR TRADE MARK

SEARCH AND IP SARTHI CHAT BOT
• Why in the news: Union Minister of Commerce and Industry Piyush Goyal inaugurated the
Artificial Intelligence and Machine Learning for Trade Mark search and IP Sarthi Chat
Bot in New Delhi.
• India has the 3rd largest Trademark system in the world.
• The ministry has also decided to reduce the 80 percent fee of patent registration for
Startups, MSMEs, Women Entrepreneurs, Academic Institution and Individuals.

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FM NIRMALA SITHARAMAN LAUNCHES NPS-VATSALYA SCHEME FOR CHILD

SAVINGS
• Why in the news: Finance Minister Nirmala
Sitharaman launched the NPS Vatsalya scheme in
New Delhi.
• Type: Pension scheme for minors
• Aim: To allow parents to save for their children’s
future by investing in a pension account and ensure
long-term wealth with the power of compounding
• The launch of NPS Vatsalya was simultaneously
organised at 75 locations throughout the country,
with distribution of over 250 PRAN to minor
subscribers.
• PRAN:
o It refers to Permanent Retirement
Account Number
o Total Digit: 12-digit
NALSA, MEDIATION WEB-PORTAL

• Why in the news: Dr. D.Y. Chandrachud, Chief Justice of India and
Patron-in-Chief, National Legal Services Authority (NALSA) has
launched the Online Mediation Training Web-Portal on September
18, 2024 at the Judges' Lounge, Supreme Court of India.
• Developed by: NALSA in collaboration with MCPC
• This initiative introduces a comprehensive 40+ hour online training
module.
• The Online Mediation Training Web-Portal combines theoretical
knowledge with practical skills, covered by 50+ lectures on 20
topics pertaining to mediWesation and 10+ hours of online/
interactive practical sessions.
GLOBAL INC COMES SHOPPING FOR FARM FRESH GREEN

CREDIT
• Why in the news: Global companies like Microsoft, HSBC, JP Morgan,
and Amazon are buying carbon credits from Indian farmers to offset
their emissions.
• Agricultural firms such as Bayer and Grow Indigo are helping farmers
adopt sustainable practices to generate these credits.
• India's carbon credit exports could reach $4-7 billion in the next five years, driven by
increasing demand from multinational corporations.
NHAI AWARDS TOLL, OPERATE, TRANSFER (TOT) BUNDLE 16 FOR RS. 6,661
CRORES

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• Why in the news: M/s Highway Infrastructure Trust has received the Toll, Operate and
Transfer (TOT) bundle 16 for Rs. 6,661 Crores by State-run National Highways Authority
of India (NHAI).
• Project: Hyderabad-Nagpur corridor of NH-44 in the state of Telangana
• Length: 251 km
• The concession period of TOT bundle is for 20 years.
• Note: The TOT model has been developed to encourage private participation in the Highway
sector.
INDIA FORMALLY JOINS INTERNATIONAL BIG CAT ALLIANCE

• Why in the news: After an approval from the Union Cabinet, India signed and ratified the
framework and formally joined the International Big Cat Alliance (IBCA).
• Total formal members of IBCA: 4 (India, Nicaragua, Eswatini and Somalia)
• About IBCA:
o IBCA refers to International Big Cat Alliance.
o Launched on: April 9, 2023
o Launched by: India's Prime Minister Narendra Modi
o Total Big Cats: 7 (Tiger, Lion, Leopard, Snow Leopard, Puma, Jaguar and the
Cheetah)
▪ Out of these five big cats viz. Tiger, Lion, Leopard, Snow Leopard and
Cheetah are found in India.
o Aim: To secure the future of big cats and landscapes they thrive.
o Period: 2023-24 to 2027-28.
o One-time budgetary support of Rs. 150 crores
o Note:
▪ Eligible members: All UN member countries
▪ Consented members as IBCA members: Twenty-four (24) countries
(including India)
▪ Consented to be partner organization of IBCA: Nine International
Organizations
▪ So far 4 countries have become member of IBCA including India, Nicaragua,
Eswatini and Somalia.
19TH DIVYA KALA MELA UNVEILED IN VISAKHAPATNAM

• Why in the news: The 19th edition of Divya Kala Mela was officially inaugurated in
Visakhapatnam by the Governor of Andhra Pradesh, S. Abdul Nazeer.
• Support of CSR partners: HPCL, GAIL India Ltd, IOCL, and Coromandel India Ltd
PRESIDENT OF INDIA GRACES SAFAI MITRA SAMMELAN IN UJJAIN

• Why in the news: The President of India, Droupadi Murmu graced and addressed Safai Mitra
Sammelan in Ujjain, Madhya Pradesh on September 19, 2024.
• During the event, she also laid the foundation stone for the Indore-Ujjain Six Lane Road
Project on the occasion.
A POEM ON 'NATIONAL WAR MEMORIAL' AND A CHAPTER ON 'VEER ABDUL

HAMEED' INCLUDED IN NCERT CURRICULUM OF CLASS VI

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• Why in the news: A poem titled 'National War Memorial' and chapter titled 'Veer Abdul
Hameed - have been included in the NCERT curriculum of Class VI from 2024.
• Reason: To inculcate the values of patriotism, devotion to duty and courage & sacrifice
among the school children and participation of youth in Nation building
• Initiative of: Ministry of Defence and Ministry of Education
• Note:
o The Braveheart CQMH Abdul Hameed sacrificed his life for the Country during
the India-Pakistan war of 1965 and was awarded the Country's highest gallantry
award Param Veer Chakra (posthumously).
o PM Modi had dedicated the National War Memorial to the Nation on 25
February 2019 in the iconic Central Vista 'C' Hexagon, India Gate, New Delhi.
PM VISHWAKARMA SCHEME COMPLETED ONE YEAR

• Why in the news: The National PM Vishwakarma Programme has completed one on
September 17, 2024, aiming to provide end-to-end support to artisans and craftspeople.
• About PM Vishwakarma:
o Nodal Ministry: Ministry of Micro, Small and Medium Enterprises (MoMSME)
o Implemented as: Central Sector Scheme
o Tenure: 2023-2024 to 2027-2028
o Budget: Ranging from Rs 13,000 crore
o Stipend:
▪ Rs 500 for skill training per day
▪ Rs 15,000 grant for the purchase of modern tools
o The scheme encompasses 18 traditional trades across both rural and urban
areas.
o They will also be eligible for collateral-free credit support of up to Rs 1 lakh
(first tranche) and Rs 2 lakh (second tranche) at a concessional interest rate of
5%.
GOVERNMENT AIMS TO ERADICATE NAXALISM FROM INDIA BY MARCH 2026

• Why in the news: Union Home Minister Amit Shah has asserted that the government has
decided to uproot Naxalism and the idea of Naxalism from the country before March
2026.
MODIFIED SCHEME WILL PROVIDE REMUNERATIVE INCOME TO FARMERS FOR

AGRO RESIDUE
• Why in the news: The Ministry of Petroleum and Natural
Gas approved the modified Pradhan Mantri Jaiv Indhan
Vatavaran Anukool Fasal Awashesh Nivaran (PM-JI-VAN)
Yojana.
• Aim: To provide remunerative income to farmers for their
agricultural residue and address environmental pollution
• The amendments in the scheme, financial assistance is
available for advanced biofuels, and preference will be given
to new technologies and innovation in project proposals.
• The scheme also helps create local employment opportunities
and contributes to India’s energy security and self-reliance.
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WHITE REVOLUTION 2.0 LEADS TO WOMEN EMPOWERMENT & FIGHTS

MALNUTRITION
• Why in the news: Union Minister Amit Shah unveiled 'White Revolution 2.0', a
comprehensive initiative aimed at empowering women farmers and creating job opportunities.
• Four key areas: Empowering women farmers, Enhancing local milk production,
Strengthening dairy infrastructure, and Boosting dairy exports
• He also launched the nationwide rollout of RuPay Kisan Credit Cards for dairy farmers
and the installation of micro-ATMs at dairy cooperative societies.
• Additionally, he released standard operating procedures for the computerisation of 67,930
Primary Agriculture Credit Societies (PACS).
• Aim: To increase milk procurement by dairy cooperative societies by 50 per cent over the
next five years
• Initially, the National Dairy Development Board (NDDB) will fund the initiative from its own
resources, providing Rs 40,000 per M-PACS to 1,000 M-PACS.
GOVERNMENT SANCTIONS ₹31,000 CRORE TO FENCE MYANMAR BORDER

• Why in the news: The Union government has
approved ₹31,000 crore to fence the Myanmar
border.
• Length of India and Myanmar border: 1,643-
km
• Indian states share border with Myanmar:
Arunachal Pradesh (520 km), Nagaland (215 km),
Manipur (398 km) and Mizoram (510 km)
• Note: International Border of India: 15,106.7 Km
• Indian states share border with countries:
Country Indian States

Bangladesh West Bengal, Assam, Meghalaya, Tripura and,
Mizoram
Pakistan Gujarat, Rajasthan, Punjab, Union Territory of
Jammu & Kashmir and Union Territory of
Ladakh.
China Arunachal Pradesh, Sikkim, Uttarakhand,
Himachal Pradesh and Union Territory of
Ladakh.
Nepal Uttarakhand, Uttar Pradesh, Bihar, West Bengal
and Sikkim
Bhutan Sikkim, West Bengal, Assam and Arunachal
Pradesh
Myanmar Arunachal Pradesh, Nagaland, Manipur and,
Mizoram
Afghanistan Union Territory of Ladakh
NASSCOM LAUNCHES INNOTREK 2024

• Why in the news: Nasscom has selected 35 Indian deeptech start-ups for its flagship
InnoTrek programme.
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• Aim: To connect these start-ups with global tech giants, investors, venture capitalists, and
mentors, accelerating their growth and innovation.
• This year’s cohort covers diverse sectors, including health-tech, fintech, aerospace, space-
tech, cybersecurity and more.
• This programme continues to serve as a bridge between India’s burgeoning DeepTech
ecosystem and the global technology landscape.
INFOSYS, IIT MADRAS, OTHERS JOIN AI ALLIANCE

• Why in the news: The AI Alliance has expanded its membership to seven new members
from India namely -
o Infosys,
o AI4Bharat (IIT Madras),
o IIT Jodhpur,
o KissanAI,
o People+AI,
o Sarvam AI,
o Wadhwani AI
AMAZON INDIA LAUNCHES AI CHATBOT RUFUS'

• Why in the news: E-commerce major Amazon India has launched a new generative AI-
powered conversational shopping assistant, Rufus.
• It enables natural language interactions within the Amazon app, making it easy to ask
product-related questions, get recommendations, or compare products.
MINES MINISTRY TO SET UP PROJECT MONITORING UNIT

• Why in the news: The Ministry of Mines will establish a Project Monitoring Unit (PMU) to
oversee the operationalization of about 500 major mineral and coal mines auctioned
since 2015.
• The PMU will conduct round-the-clock monitoring and help auctioned mines commence
operations.
INDIA COULD GENERATE UP TO 9.2 LAKH TWH FROM ITS BLUE RENEWABLE
ENERGY SOURCES: INCOIS
• Why in the news: Researchers at the Hyderabad-based Indian National Centre for Ocean
Information Services (INCOIS) have developed the Integrated Ocean Energy Atlas.
• It has mapped sites along India’s coastline with the potential to generate energy from
blue renewable sources like tidal waves and currents.
• It provides estimated values of renewable energy that can be generated from either
individual or integrated blue renewable sources at potential sites along the coast.
• According to the estimates, the Indian Exclusive Economic Zone (EEZ) holds the potential
to generate about 9.2 lakh terawatt hours (TWh) from multiple blue renewable energy
sources.
• The mapping was done for sites with a resolution of 5 km x 5 km located along the
country’s EEZ, which covers up to 220 km from the coast.
• About INCOIS:
o Full form: Indian National Centre for Ocean Information Services (INCOIS)

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o It is an autonomous organization.
o Established in: 1999
o Set up under: Ministry of Earth Sciences
o It is a unit of the Earth System Science Organization (ESSO).
State
GUJARAT GOVT SETS UP GRIT AS POLICY THINK TANK
• Why in the news: Gujarat government has set up Gujarat State Institution for
Transformation-GRIT under Chief Minister Bhupendra Patel’s chairmanship.
• The body will act as a policy think tank on the lines of NITI Ayog.
• The Chief Minister will be the Chairman of the Governing Body of this Grit, while the
finance minister will be the Vice-Chairman
• A 10-member executive committee will be in place for the day-to-day operations of GRIT.
MYSORE AKASHVANI RADIO STATION CELEBRATES 90TH ANNIVERSARY

• Why in the news: The Mysore Akashvani radio station in Karnataka is celebrating its 90th
anniversary 10th September 2024.
• On September 10, 1935, Radio Mysore was born as India’s first private radio broadcaster.
UP CM YOGI ADITYANATH INAUGURATES 73RD ALL INDIA POLICE WRESTLING

CLUSTER
• Why in the news: Uttar Pradesh Chief Minister Yogi Adityanath inaugurated the 73rd All
India Police Wrestling Cluster tournament in Lucknow from September 9 to 13.
• Director General of SSB Daljit Singh Chaudhary was also present at the inauguration of
the event.
INNER LINE PERMIT IMPLEMENTS FOR THREE DISTRICTS OF NAGALAND

• Why in the news: The Nagaland Government has approved the implementation of the
Inner Line Permit (ILP) in Chumoukedima, Niuland, and Dimapur districts.
WEST BENGAL TO SET UP FIVE NEW POCSO FAST TRACK COURTS

• Why in the news: The government of West Bengal has decided to set up five new POCSO
fast-track special courts in West Bengal.
• Now there will be 67 (62+5) POCSO fast-track courts in West Bengal as well as 6 e-POCSO
courts.
UNION MINISTER PIYUSH GOYAL INAUGURATES AKURLI BRIDGE, MUMBAI

• Why in the news: Union Minister for Commerce and Industry, Piyush Goyal has inaugurated
the Akurli bridge on the Western Express Highway in Mumbai, Maharashtra.
MAHARASHTRA TO ESTABLISH TRIBAL UNIVERSITY IN NASHIK

• Why in the news: A Tribal University with 80 percent reservation for students from tribal
communities will be set up in Nashik, Maharashtra.

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PORT BLAIR TO BE RENAMED AS ‘SRI VIJAYA PURAM’

• Why in the news: The government has decided to rename Port Blair in Andaman and
Nicobar Islands as Sri Vijaya Puram.
• Sri Vijaya Puram symbolises the victory achieved in the country’s freedom struggle.
• Note: Ross Island was rechristened as Subhash Chandra Bose Dweep (island), Neil Island
was renamed Shaheed Dweep and Havelock Island as Swaraj Dweep.
ODISHA’S SUBHADRA YOJANA ROLLS OUT FIRST INSTALMENT

• Why in the news: The Odisha government launched its flagship women’s welfare scheme,
the Subhadra Yojana.
• Inaugurated by: Prime Minister Narendra Modi
• Date: 17th September 2024 (Birth Date of Prime Minister Narendra Modi)
• Features of Subhadra Yojana:
o Target beneficiary: Over 1 crore women in Odisha
o Age: 21 to 60 years
o Eligible women will receive ₹50,000 over five years.
o Beneficiaries will get ₹10,000 annually (₹5,000 + ₹5,000) credited in two equal
instalments to their Aadhaar-linked bank accounts.
• Other women-centric flagship scheme of state government:
o Ladli Behna Yojana: Madhya Pradesh
o Mukhyamantri Ladki Bahin Scheme: Maharashtra
o Mukhyamantri Kanya Sumangala Yojana: Uttar Pradesh
J&K LAUNCHES ‘VOTE KA TYOHAR’ THEME SONG
• Why in the news: The Office of the Chief Electoral Officer (CEO), J&K launched the theme
song ‘Vote Ka Tyohar’.
• Aim: To motivate voters across the UT to cast their votes in the three phases of the Assembly
Elections
• Produced by: Rangyug
• Directed by: Deepak Kumar
• Lyrics penned by: Dr. Liaquat Jafri
• Music composed by: Pankaj Pardhan and S. Amarjeet Singh
• Note:
o Full form of SVEEP: Systematic Voters’ Education and Electoral Participation
program
▪ It is the flagship program of the Election Commission of India for voter
education, spreading voter awareness and promoting voter literacy in India.
o 18th Lok Sabha Elections:
▪ Theme song: ‘Chunav Ka Parv, Desh Ka Garv’
▪ ECI campaign: Turning 18
▪ ECI launched another impactful campaign titled ‘You Are The One’.
UP CM & TRIPURA CM INAUGURATE SIDHESHWARI TEMPLE

• Why in the news: Uttar Pradesh Chief Minister Yogi Adityanath jointly inaugurated the newly
built Sidheshwari temple at Barkathal in Tripura with Tripura Chief Minister Dr Manik
Saha.

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VP JAGDEEP DHANKHAR TO INAUGURATE DIGITAL TOWER AT RAMDEOBABA

UNIVERSITY IN NAGPUR
• Why in the news: The Vice-President, Jagdeep Dhankhar inaugurated the Digital Tower at
Ramdeobaba University, Maharashtra.
• The digital tower is a 12 storied building consisting of digital classrooms equipped with the
latest systems catering to the needs of computer science and emerging technologies.
• He also inaugurated ‘Constitution Temples’ at the vocational training centres in 434
Industrial Training Institutes (ITIs) across Maharashtra.
TORRENT POWER GETS LOL FOR HYDRO STORAGE PROJECT

• Why in the news: Torrent Power Ltd has bagged the 1,500 MW pumped hydro storage
project from Maharashtra State Electricity Distribution Co. Ltd (MSEDCL).
• The company received a Letter of Intent (LOI) from MSEDCL.
• The hydro storage plant is being set up in Raigad district, Maharashtra.
• MSEDCL will procure energy storage capacity of 1,500 MW from pumped hydro storage
project for a period of 40 years.
TELANGANA CM REVANTH REDDY LAUNCHES NEW MSME POLICY- 2024

• Why in the news: Telangana Chief Minister Revanth Reddy has launched a new MSME
Policy 2024 to mainly tackle six key challenges faced by Micro, Small, and Medium
Enterprises (MSMEs).
• Investment: 4,000 crore rupees
• Tenure: 5 years
• The new policy creates industrial opportunities accessible to Dalits and women, and for
encouraging MSMEs.
RASHTRAPATI NILAYAM TO HOST BHARTIYA KALA MAHOTSAV

• Why in the news: Rashtrapati Nilayam in collaboration with the Ministry of Development
of North-East Region and the Ministry of Culture will host the first edition of Bharatiya
Kala Mahotsav from September 29 to October 6, 2024.
• The President will inaugurate the Mahotsav on September 28, 2024.
• The eight-day long celebration will showcase the rich and diverse cultural heritage of our
North-Eastern states.
o North-Eastern states are: Arunachal Pradesh, Assam, Manipur, Meghalaya,
Mizoram, Nagaland, Sikkim, and Tripura
TELANGANA CABINET GRANTS LEGAL SANCTITY TO HYDRAA

• Why in the news: The Telangana Cabinet has granted legal sanctity to the Hyderabad
Disaster Response and Assets Monitoring and Protection Agency (HYDRAA).
• Reason: To clear encroachments besides undertaking disaster management operations
across the Telangana Core Urban Region (TCUR)
MANIPUR DISTRICT BANS HUNTING OF AMUR FALCON

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• Why in the news: Manipur’s Tamenglong district has imposed ban on hunting, catching,
killing and selling of the bird of Amur falcon (Falco Amurensis), with immediate effect.
• It is locally known as ‘Kahuaipuina’.
International News
NEPAL BECOMES 101ST MEMBER OF INTERNATIONAL SOLAR ALLIANCE
• Why in the news: Nepal has become the 101st country to join the International Solar
Alliance (ISA) as a full member.
• Nepal handed over its Instrument of Ratification to the ISA in New Delhi.
• Note: Paraguay joined as 100th member country and Spain joined as 99th country
• About ISA:
o It was conceptualized on the side lines of COP21 in Paris in 2015.
o It is a collaborative initiative between India and France
o Aim: Uniting efforts to combat climate change by implementing solar energy
solutions.
o Signatory Countries: 119 (Note: Malta is the 119th signatory country)
o Mission: To unlock $1 trillion in solar investments by 2030 while reducing technology
and financing costs.
• Note: The International Solar Alliance (ISA) host the first International Solar Festival in
New Delhi on September 5-6, 2024.
ESSAR ENERGY TRANSITION, SSE PARTNER TO DEVELOP 40 MW GREEN

HYDROGEN FACILITY IN UK
• Why in the news: Essar Energy Transition (EET) Hydrogen and UK’s leading clean energy
company SSE have begun work to develop a new green hydrogen production facility in
the North West of England.
• The 40MWe Gowy Green Hydrogen facility, which takes its name from the River Gowy and
nearby Gowy Meadows Nature Reserve, will deliver hydrogen to industrial offtakers in the
region.
• Gowy Green Hydrogen could be operational as early as 2028.
US IMPOSES SANCTIONS ON 3 CHINESE COMPANIES

• Why in the news: The United States of America (USA) has sanctions against three
Chinese companies, one Pakistani company, and a Chinese citizen for their role in
Pakistan’s ballistic missile programme
• Informed by: Matthew Miller (US State Department spokesperson)
• Three Chinese companies: (1) Hubei Huachangda Intelligent Equipment, (2) Universal
Enterprise Ltd, and (3) Xi’an Longde Technology Development Company Ltd (Lontek)
• Reason: For transferring equipment and technology to Pakistan’s Innovative Equipment.
• Since Pakistan is not part of the MTCR, these actions are seen as violations of international
rules to curb missile technology proliferation.
• What in MTCR?
o Missile Technology Control Regime
o Formed by: G7 countries industrialized countries (Canada, France, Germany, Italy,
Japan, the UK, and the United States)

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o Formed in: 1987

o Total Countries: 35 countries India joined: 2016
o Main objectives of the MTCR:
▪ The Regime places particular focus on rockets and unmanned aerial vehicles
capable of delivering a payload of at least 500 kg to a range of at least 300
km and on equipment, software, and technology for such systems.
TYPHOON BEBINCA
• Why in the news: Bebinca (13th typhoon of 2024) made landfall in Shanghai, with the
maximum wind force near its center reaching 42 meters per second, churned ashore at the
Lingang area of Shanghai's Pudong District.
• Bebinca is believed to be the strongest typhoon to land in Shanghai in over seven decades.
CHINA TO RAISE RETIREMENT AGE FOR FIRST TIME SINCE 1950S

• Why in the news: China top legislative body approved proposals to increase the statutory
retirement age for women in blue-collar jobs from 50 to 55, and for women in white-
collar roles from 55 to 58.
• For men, the retirement age will rise from 60 to 63.
• Effective from: 1st January 2025
INDIA BECOMES TOP SOURCE OF VEHICLE IMPORTS FOR SOUTH AFRICA'S AUTO
SECTOR
• Why in the news: According to the BRICS+ Research Report 2024, India has become the
South African automotive industry's top country of origin for vehicle imports since
2013.
• Reason: India has been established by various brands as the global hub for small and entry-
level vehicles which comprise the bulk of sales in the domestic market
• Tata and Mahindra have firmly established their automotive products in South Africa.
INDIA WON 16 MEDALS AT 2024 WORLDSKILLS LYON, FRANCE

• Why in the news: India won 16 medals at WorldSkills 2024, held in Lyon, France.
• The accolades include four Bronze in Patisserie and Confectionery, Industry 4.0, Hotel
Reception and Renewable Energy.
• In addition, the Indian delegation earned 12 Medallions of Excellence, a testament to their
exceptional skills and consistent performance across various trades.
• Ashwitha Police who contested in Patisserie and confectionery also won the Best of Nation
Award becoming the most outstanding competitor from Team India.
• India competed in 52 skills against countries like China, Japan, Korea, Singapore,
Germany, Brazil, Australia, Columbia, Denmark, France, UK, South Africa, Switzerland, USA
etc.
TURKEY SEEKS MEMBERSHIP IN BRICS
• Why in the news: NATO member Turkey has applied for membership in the BRICS bloc of
developing economies.
• The BRICS alliance was founded in 2006 by Brazil, Russia, India and China, with South
Africa joining in 2010.
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• New members of BRICS (Joined in 2024): Egypt, Ethiopia, Iran and the United Arab
Emirates
WHO GRANTS FIRST MPOX VACCINE APPROVAL TO ENHANCE RESPONSE IN

AFRICA
• Why in the news: The World Health Organisation has granted its first authorisation for use
of a vaccine against mpox in adults, calling it an important step toward fighting the disease
in Africa and beyond.
• The pre-qualification of the vaccine by Bavarian Nordic A/S means that donors like GAVI
the Vaccine Alliance and UNICEF can buy it.
• But supplies are limited because there's only a single manufacturer.
Mexico becomes first country to approve popular election of judges

• Why in the news: Mexico became the world's first country to allow voters to elect judges
at all levels.
WORLD BANK PLEDGES ADDITIONAL $2 BN TO SUPPORT CRITICAL REFORMS IN

B'DESH
• Why in the news: The World Bank could mobilise an additional $2 billion in financing to
Bangladesh in 2024-25 to support critical reforms, flood response, better air quality and
health.
• In addition, the global lender would repurpose about an extra $1 billion from its existing
programmes, totaling around $3 billion.
• This financial support aims to stabilize the economy and implement essential reforms
under the interim government led by Nobel laureate Muhammad Yunus.
INSTAGRAM ROLLS OUT PRIVACY SETTINGS FOR TEENS

• Why in the news: Meta Platform, 'Instagram', has rolled out enhanced privacy and
parental controls for Instagram accounts of users under 18.
• Name of Account: Teen Account
• Reason: To address growing concerns around the negative effects of social media.
• Meta will port all designated Instagram accounts automatically to "Teen Accounts",
which will be private accounts by default.
• Minimum Age: 13 years (To sign up for Instagram)
• Note:
o Teens under 18 years old have their account set to private as a default when
they join Instagram.
o Instagram restrict adults over 18 from starting private chats with teens they're
not connected to on Instagram and Messenger.
o Teen Accounts for teens under 16 need their parent or guardian’s permission to
change this setting from Less to Standard.
▪ All teens on Instagram under 18 years old are defaulted into the “Less” state,
unless they explicitly opt-out.

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EAM JAISHANKAR RELEASES INDIA-ROMANIA COMMEMORATIVE STAMPS

• Why in the news: External Affairs Minister Dr S Jaishankar released the India-Romania
joint commemorative stamps along with Union Minister Jyotiraditya Scindia and
Romanian Ambassador to India, Daniela-Mariana Sezonov in Delhi.
• The stamps are a perfect tribute to the celebrations of 75 years of diplomatic ties.
PM MODI TO VISIT US FOR QUAD LEADERS’ SUMMIT & UNGA

• Why in the news: Prime Minister Narendra Modi will be on a visit to the US from the 21st
to the 23rd of September 2024.
• The Prime Minister will take part in the fourth Quad Leaders’ Summit in Wilmington,
Delaware, on 21st September 2024.
o Note: India would host the next Quad Summit in 2025.
• He will also address the ‘Summit of the Future’ at the United Nations General Assembly
in New York on 23rd September, under the theme of the Summit is ‘Multilateral Solutions
for a Better Tomorrow’.
TYPHOON YAGI: UN ALLOCATES 2 MILLION US DOLLARS TO SUPPORT

VIETNAMESE GOVT
• Why in the news: The United Nations has allocated two million US dollars to support the
Vietnamese government’s humanitarian response following widespread damage inflicted
by Typhoon Yagi.
• The funds will be directed to the International Organisation for Migration, the UN
Development Programme, and the United Nations International Children’s Emergency
Fund (UNICEF).
JORDON BECOMES FIRST LEPROSY FREE- NATION

• Why in the news: The World Health Organization (WHO) declared Jordan as the first
country in the world to eliminate leprosy.
• About leprosy:
o Chronic infectious disease
o Caused by: Bacteria Mycobacterium leprae or Mycobacterium lepromatosis
o Note: World Leprosy Day is observed internationally every year on the last
Sunday of January.

Crack Grade B 49

MONGODB PARTNERS WITH AICTE
• Why in the news: MongoDB, US based software company, has joined hands with the All-
India Council for Technical Education (AICTE), Ministry of Education, Government of
India.
• Reason: To expand MongoDB for Academia in India
• Aim: To provide full-stack development skills to the students, with each internship including
60 hours of experiential learning, boot camps, courses, and project work, and simulated
corporate environments.
• This partnership will be supported by SmartBridge’s SmartInternz learning platform.
• Note: MongoDB for Academia program has a goal of upskilling 500,000 students.
HP TO SIGN PACT WITH DIXON TECH'S PADGET ELECTRONICS

• Why in the news: PC maker HP India has signed an agreement with electronics contract
manufacturer Dixon Technologies' subsidiary Padget Electronics.
• Reason: To make the company's notebooks, desktops and all-in-one PCs under the PLI 2.0
scheme in India
TATA ELECTRONICS SIGNS MOU WITH TOKYO ELECTRON TO BUY SEMICON

EQUIPMENT
• Why in the news: Tata Electronics has signed a memorandum of understanding with
Tokyo Electron to buy equipment and services for its under-construction chip units in
Gujarat and Assam.
• Under the agreement, Tata Electronics and TEL will also focus on training Tata Electronics'
workforce on TEL equipment and supporting ongoing improvement and research and
development initiatives.
INDIAN ARMY & INDIAN AIR FORCE INK MOU WITH GATI SHAKTI
VISHWAVIDYALAYA
• Why in the news: Indian Army and Indian Air Force signed a Memorandum of
Understanding (MoU) with Gati Shakti Vishwavidyalaya, Vadodara.
• Reason: To enhance the skills and capability building of their personnel
• Note:
o Gati Shakti Vishwavidyalaya, formerly National Rail and Transportation Institute, is a
central university located in Vadodara, Gujarat, India.
o GSV is India's first transport University.
RELIANCE RETAIL AND DELTA GALIL FORM JOINT VENTURE

• Why in the news: Reliance Retail Ventures Limited and Delta Galil Industries joined
hands to establish an apparel innovation platform focused on the Indian market,
particularly in intimate apparel and activewear categories.
CCI APPROVES TATA MOTORS FINANCE MERGER WITH TATA CAPITAL

Crack Grade B 50
• Why in the news: The Competition Commission of India (CCI) has approved the merger of
Tata Motor Finance with Tata Capital.
• This merger will result in Tata Motors holding a 4.7% stake in the merged entity.
LOCKHEED MARTIN-TATA PACT MAY ENABLE LOCAL C-130J SUPER HERCULES

PRODUCTION
• Why in the news: US defence giant Lockheed Martin and Tata Advanced Systems
partnered to expand on their engagement through the C-130J Super Hercules tactical
airlifter project in India.
• Aim: To bolster India’s defence and aerospace capabilities
• This includes setting up a Maintenance, Repair, and Overhaul (MRO) facility in India to
support the Indian Air Force’s (IAF) 12 C-130Js and other global Super Hercules fleets.
• Both companies operate through the Tata Lockheed Martin Aerostructures Ltd (TLMAL)
joint venture, established in 2010.
CCI GIVES NOD TO DIXON TECHNOLOGIES TO ACQUIRE STAKE IN ADITYA

INFOTECH
• Why in the news: Fair trade regulator CCI granted its approval to Dixon Technologies'
proposal to acquire a stake in Aditya Infotech Ltd.
• Dixon Technologies (India) Ltd is involved in the business of providing Electronic
Manufacturing Services (EMS).
INDIA-UAE SIGN MOU TO COLLABORATE IN CRITICAL MINERAL SUPPLY CHAIN

• Why in the news: India and UAE agreed upon two business-related outcomes on the
occasion of the visit of the Crown Prince of Abu Dhabi, Sheikh Khaled bin Mohamed bin
Zayed Al Nahyan in Mumbai.
• Outcomes include:
o Launch of work on the India-UAE virtual trade corridor (VTC) and MAITRI
interface to facilitate VTC.
▪ This is under the framework agreement between India and the UAE on the
India-Middle East-Europe Economic Corridor.
o An MoU between International Resources Holding RSC LTD and a consortium of
Oil India Ltd, Khanij Bidesh India Ltd and ONGC India Ltd towards global
collaboration in the Critical Mineral Supply Chain.
▪ The MoU provides for cooperation in critical minerals exploration in third
countries.
▪ It will help boost the supply chain resilience of critical minerals.
IBM & L&T PARTNER TO DEVELOP ADVANCED PROCESSORS

• Why in the news: IBM and L&T Semiconductor Technologies (SiLT) have signed an
agreement to co-develop advanced processors for edge devices, hybrid cloud systems and
areas like mobility, industrial, energy, and servers.
• This partnership will boost India’s semiconductor capabilities by creating competitive
products for global markets.

Crack Grade B 51
ENEC AND NPCIL SIGN AGREEMENT TO ENHANCE POTENTIAL COOPERATION IN

VARIOUS FIELDS
• Why in the news: Emirates Nuclear Energy Corporation (ENEC) and Nuclear Power
Corporation of India Limited (NPCIL) have signed an agreement in New Delhi.
• Reason: To exchange expertise and enhance potential cooperation in various fields such as
supply chain development, human resource development, provision of nuclear consultancy
services and future investment.
• This agreement marks the first of its kind between the United Arab Emirates and the
Republic of India in the nuclear sector.
BHARAT BIOTECH PARTNERS WITH ALOPEXX TO DEVELOP ANTI-MICROBIAL

VACCINE
• Why in the news: Bharat Biotech collaborated with Alopexx Inc for development and
commercialisation of the latter's broad-spectrum anti-microbial vaccine in India and other
low-income countries.
• The companies will co-develop and commercialise the vaccine -- AV0328.
• Aim: To develop solutions to reduce anti-microbial resistance through vaccination.
NATIONAL HEALTH AUTHORITY AND IIT KANPUR SIGN MOU

• Why in the news: The National Health Authority (NHA) and IIT Kanpur signed a
Memorandum of Understanding (MoU)
• Under this MoU, a federated learning platform across a variety of machine learning model
pipelines, a quality-preserving database, an open benchmarking platform for comparing &
validating AI models, and a consent management system for research under Ayushman
Bharat Digital Mission (ABDM) would be developed by IIT Kanpur.
BPCL'S JOINT VENTURE WITH IOC WINS PRODUCTION CONCESSION IN ABU

DHABI
• Why in the news: Bharat Petroleum Corporation (BPCL) subsidiary along with Indian Oil
Corporation (IOC) has been awarded a production concession by The Supreme Council
for Financial and Economic Affairs (SCFEA) in Abu Dhabi.
• The production concession agreement follows the award of the exploration and production
concession to Urja Bharat Pte Limited (UBPL) in March 2019, and the successful
completion of the exploration phase.
• UBPL is a 50:50 Special Purpose Vehicle (SPV) of BPCL and IOC.
MASTERCARD PLANS TO ACQUIRE THREAT INTELLIGENCE FIRM RECORDED

FUTURE FOR US$2.65B
• Why in the news: Mastercard is planning to acquire global threat intelligence company
Recorded Future from Insight Partners for $2.65 billion.
• Reason: To strengthen Mastercard cybersecurity capabilities with the acquisition
• The transaction is subject to regulatory approval and is expected to close by early 2025.
IIT MADRAS, FORD PARTNER ON ROAD SAFETY FOR YOUNG DRIVERS

Crack Grade B 52
• Why in the news: The Indian Institute of Technology (IIT) Madras Center of Excellence for
Road Safety (CoERS) has teamed up with Ford to address the growing issue of road
accidents involving young drivers.
• Aim: To equip thousands of students from 240 schools in Tamil Nadu with vital road safety
knowledge and skills.
• According to the Road Accidents in India 2022, 42,878 out of 168,491 fatal road accident
victims were under 25 years of age.
APEDA SIGNS MOU WITH LULU GROUP INTERNATIONAL TO PROMOTE INDIAN

ORGANIC PRODUCTS GLOBALLY
• Why in the news: The Agricultural and Processed Food Products Export Development
Authority (APEDA), under the Ministry of Commerce & Industry signed an MoU with LuLu
Group International (LLC), a leading retail chain in the Middle East and Asia.
• Reason: To showcase a wide range of certified Indian organic products in its stores across
the United Arab Emirates (UAE).
• APEDA will support these efforts by facilitating connections between organic growers in India
including Farmer Producer Organizations (FPOs), Farmer Producer Companies (FPCs) and
cooperatives and LuLu Group.
IBM & L&T PARTNER TO DEVELOP ADVANCED PROCESSORS

• Why in the news: IBM and L&T Semiconductor Technologies (SiLT) have signed an
agreement to co-develop advanced processors for edge devices, hybrid cloud systems and
areas like mobility, industrial, energy, and servers.
NBCC, MTNL SIGN PACT FOR RS 1,600 CR WORTH HOUSING-CUM-COMMERCIAL

PROJECT
• Why in the news: State-owned NBCC (India) Ltd has signed an initial pact to develop a Rs
1,600-crore worth housing-cum-commercial project on a 13.88 acres land parcel owned
by MTNL on Pankha Road, New Delhi.
• Aim: To transform the land into a state-of-the-art residential/ commercial space, leveraging
the expertise and resources of both organizations.
HELIOS PARTNERS WITH U-BOAT

• Why in the news: Titan-owned watch company Helios partnered with Italian watchmaker U-
Boat to bring its premium watches to India.
NCLT GRANTS FINAL APPROVAL FOR MERGER OF TV18 AND E18 INTO
NETWORK18
• Why in the news: The Mumbai bench of the National Company Law Tribunal (NCLT) has
granted its final approval for the merger of TV18 Broadcast and e-Eighteen.com (E18)
into Network18 Media and Investments.
MICROSOFT SIGNS OFFICE AI DEAL WITH VODAFONE; ADDS FEATURES TO

EXCEL, OUTLOOK

Crack Grade B 53
• Why in the news: Microsoft and Vodafone Group Plc signed a large deal to use artificial
intelligence assistants for Office and unveiled a range of new AI tools designed to help
workers create Excel charts, prioritize emails and collaborate with one another.
• Vodafone will purchase 68,000 licenses for corporate versions of the assistants, known as
Copilots.
LIC INCREASES STAKE IN RAILWAY SECTOR 'MINIRATNA' PSU IRCTC TO 9.3%

• Why in the news: Life Insurance Corp (LIC) has hiked its stake in Indian Railway Catering
and Tourism Corporation (IRCTC) to about 9.3%.
• LIC holding in railway sector 'miniratna' PSU has increased 2.02 per cent in the period
December 16, 2022, to September 11, 2024, via open market purchases.
MOU SIGNED TO ENHANCE EFFICIENCY, ACCOUNTABILITY IN FOOD GRAIN

PROCUREMENT, DISTRIBUTION
• Why in the news: The Department of Food and Public Distribution and the Food
Corporation of India (FCI) have signed a Memorandum of Understanding (MoU) to
enhance the efficiency and accountability of food grain procurement and distribution.
• The MoU outlines specific performance benchmarks and accountability measures aimed at
optimizing the use of public funds in managing food security operations.
INDIAN SUGAR MANUFACTURERS PARTNER WITH TERI, PRAJ FOR SUSTAINABLE

BIOFUELS
• Why in the news: The Indian Sugar & Bio Energy Manufacturers Association (ISMA) has
signed a Memoranda of Understanding (MOUs) with The Energy and Resources Institute
(TERI) and PRAJ Industries.
• Aim: To advance sustainable bioenergy solutions.
• The MoUs focus on Sustainable Aviation Fuel (SAF) and explore the potential of bio-
ethanol, bio-gas, green bio-hydrogen and green methanol.
IRCTC JOINS HANDS WITH ZOMATO TO DELIVER FOOD DIRECTLY ON TRAIN

• Why in the news: Food aggregating platform Zomato collaborated with the Indian Railway
Catering and Tourism Corporation (IRCTC) with its latest offering - 'Zomato - Food
Delivery in Trains'.
• This collaboration aims to transform train journeys, enabling passengers to enjoy a variety of
dishes from the comfort of their train seats.
ANALOG DEVICES, TATA GROUP SIGN PACT TO MAKE SEMICONDUCTORS IN

INDIA
• Why in the news: US based Analog Devices (ADI) and Indian conglomerate Tata Group have
signed a pact to explore making semiconductor products in India
• Tata Electronics has invested a total of $14 billion to build India's first semiconductor
fabrication facility in Gujarat state and a chip-assembly and testing facility in the state of
Assam.
INDIAN ARMY SIGNS MOU WITH TIRANGA MOUNTAIN RESCUE (TMR)

Crack Grade B 54
• Why in the news: The Indian Army has signed an MoU with Tiranga Mountain Rescue
(TMR) at Centre for Land Warfare Studies (CLAWS), Delhi Cantt.
• Reason: To advance the Indian Army’s rescue and survival operations in mountainous
terrains.
• TMR will collaborate with the Indian Army in conducting customised training programs for
Army instructors, aimed at improving their ability to mentor troops in avalanche rescue and
survival skills.
INDIA AND EUROPEAN UNION AGREE TO DEEPEN COOPERATION IN

SUSTAINABLE WATER MANAGEMENT
• Why in the news: India and the European Union (EU) joined hands to enhance cooperation
in sustainable water management at the 6th EU-India Water Forum held on the sidelines of
the 8th India Water Week, in New Delhi.
• Both sides committed to advance cooperation in river basin management, foster
innovation and technology transfer, while promoting sustainable investments.
• The forum explored trilateral collaboration between East Africa, India and the EU.
• The India-EU Water Partnership (IEWP) was established in 2016 to enhance technological,
scientific, and policy frameworks in water management.
• Under IEWP, the EU and India are collaborating on river management on Tapi and
Ramganga River Basins.
• Under Phase III, the partnership will extend its efforts to other key basins like the
Brahmaputra.
• Both regions have co-jointly funded 7 research and innovation water projects with €37.4
million (EU €23.4 M + India €14 M).
SIDM SIGNS TWO MOUS ON DEFENCE INDUSTRY COOPERATION WITH UAE

PARTNERS
• Why in the news: The Society of Indian Defence Manufacturers (SIDM) signed two
Memorandums of Understanding on Defence Industry Cooperation with the Emirates
Defence Companies Council (EDCC) and EDGE Group UAE.
• Reason: To enhance defence cooperation
• The MoUs signed by SIDM with the Emirates Defence Companies Council (EDCC) and EDGE
Group UAE represent a significant step forward in defence industry cooperation.
PMBI AND COAL INDIA LIMITED SIGN MOU

• Why in the news: Pharmaceuticals and Medical Devices Bureau of India (PMBI) has inked
a pact with Coal India to set up Jan Aushadhi Kendras in the latter's premises.
• As per the MoU, Jan Aushadhi Kendras would be opened on the premises of every coal
field, selected hospitals or any suitable location specified or decided by Coal India
Limited
• Aim: To provide high-quality generic medicines to the workforce and communities associated
with Coal India
GATI SHAKTI VISHWAVIDYALAYA AND MONASH UNIVERSITY SIGN MOU

• Why in the news: Gati Shakti Vishwavidyalaya (GSV) signed an MoU with Monash
University, Australia, in New Delhi.
Crack Grade B 55
• Aim: To facilitate collaboration in joint research, education, and executive training in railway
engineering through the Monash Institute of Railway Technology (IRT).
CCI APPROVES ACQUISITION BY NASPERS VENTURES B.V. IN VASTU HOUSING

FINANCE CORPORATION LIMITED
• Why in the news: The Competition Commission of India (CCI) has approved the proposed
acquisition by Naspers Ventures B.V. in Vastu Housing Finance Corporation Limited.
• Naspers Ventures B.V. (Naspers Ventures/ Acquirer) is an indirect, wholly owned subsidiary
of Prosus N.V. (Prosus).
MCTE AND SETS SIGN MOU TO BOOST INDIA’S CYBER AND QUANTUM SECURITY
CAPABILITIES
• Why in the news: Military College of Telecommunication Engineering (MCTE) and
Society for Electronic Transactions and Security (SETS) signed MoU to advance research
and development in critical areas of Cyber, Quantum, Hardware Security and Cryptology.
TCOE-VTU-VRIF SIGN AN MOU TO ESTABLISH A CENTRE OF EXCELLENCE IN

QUANTUM TECHNOLOGY
• Why in the news: Telecom Centre of Excellence (TCOE) India and Visvesvaraya
Technological University (VTU) – Visvesvaraya Research & Innovation Foundation
(VRIF) signed an MoU for establishing a Centre of Excellence (CoE) in Quantum Technology,
associated 5G/6G Technologies etc, and other frontier areas of research and development.
GOVT APPROVES SALE OF ARM FSNL FOR RS 320 CRORE

• Why in the news: The Cabinet Committee on Economic Affairs (CCEA) approved the highest
bid amounting to Rs. 320 crores of M/s. Konoike Transport Co. Ltd. for sale of 100%
equity shareholding of MSTC Ltd in Ferro Scrap Nigam Limited (FSNL) along with
transfer of management control.
• Note:
o FSNL is a 100% subsidiary of MSTC Ltd. under Ministry of Steel (MoS),
incorporated in 1979 to provide steel mill services.
o Konoike Transport Co Ltd is a multifaceted Japanese corporation listed on the
Tokyo Stock Exchange.
INDIAN COAST GUARD INKS MOU FOR MARINE CONSERVATION

• Why in the news: The Indian Coast Guard (ICG) signed a Memorandum of Understanding
(MoU) with The Habitats Trust and HCL Foundation for marine conservation in New
Delhi.
• Primary objective: To implement critical conservation efforts, including the removal of ghost
nets, mapping and classifying areas affected by ghost gear, and enhancing understanding to
prioritize cleanup efforts.
CAI PARTNERS WITH INTERNATIONAL COTTON ASSOCIATION

Crack Grade B 56
• Why in the news: Cotton Association of India (CAI) and the Liverpool-based International
Cotton Association Ltd (ICA) have signed an MoU for mutual cooperation and to combine
their efforts for promoting fair business practices and contract sanctity in cotton.
• The ICA is the world’s leading arbitral body on cotton.
SUNSURE ENERGY PARTNERS WITH REC FOR GREEN ENERGY PROJECTS

• Why in the news: Sunsure Energy has signed an MoU with State-run power sector lender
REC for debt financing of ₹10,000 crore.
• The MoU was signed on the sidelines of the 4th Global Renewable Energy Investors Meet &
Expo (RE-INVEST 2024), which was organised by the Ministry of New and Renewable
Energy (MNRE) in partnership with CII.
REC SIGNS MOUS FOR RE PROJECTS WORTH ₹1.12 LAKH CR

• Why in the news: REC Ltd has signed MoU with renewable energy developers to find
projects worth around Rs 1.12 lakh crore.
• The pacts will cover solar-wind hybrid, round-the-clock renewable power as well as firm,
dispatchable renewable energy projects, etc.
• REC Ltd committed to increase its renewable energy loan book to more than Rs 3 lakh
crore by 2030.
• Its total loans book is projected to be Rs 10 lakh crore by the end of the decade.
KABIL GETS NON-INVASIVE EXPLORATION PERMITS FOR LITHIUM BLOCKS IN

ARGENTINA
• Why in the news: State-owned critical mineral exploration and mining agency KABIL (Khanij
Bidesh India Ltd), has obtained permission for carrying out non-invasive exploration in
three out of the five recently acquired lithium blocks in Argentina.
• Typically, non-invasive mining exploration uses remote sensing and other techniques to
identify and characterise mineralised systems without causing environmental damage.
• Lithium, also called white gold, is amongst the key critical minerals for India’s green
transition.
• The mineral finds extensive usage in energy storage solutions, mobile phones and electric
vehicles (batteries).
GOVT GIVES APPROVAL FOR NPCIL-NTPC JV TO TAKE UP NUCLEAR POWER

PROJECTS
• Why in the news: The government has accorded approval to the Anushakti Vidhyut Nigam
Ltd. (ASHVINI), a Joint Venture of Nuclear Power Corporation of India Limited (51%)
and NTPC Ltd (49%) to build, own, and operate nuclear power plants in India.
• Additionally, the government also approved the transfer of Mahi Banswara Rajasthan
Atomic Power Project with a capacity of 4×700 MW based on indigenous pressurized
heavy-water reactor technology from NPCIL to the JV company.
• It approved exemption to NPCIL to invest more than Rs 500 crore and exemption to
NTPC to invest more than Rs 5,000 crore in a single JV or subsidiary Company.
ADITYA BIRLA CAPITAL MERGER WITH ADITYA BIRLA FINANCE GETS RBI'S NOD

Crack Grade B 57
• Why in the news: Aditya Birla Capital has been given the go-ahead by the Reserve Bank of
India to merge its fully-owned subsidiary Aditya Birla Finance Limited with itself to form
a sizable, consolidated NBFC.
• Aim: To allow enhanced value creation, provide better access to capital and operational
synergy for shareholders
Science & Technology

HUAWEI LAUNCHES WORLD'S FIRST TRI-FOLD SMARTPHONE
• Why in the news: Huawei has introduced the world’s
first tri-fold smartphone — Mate XT Ultimate
Edition, just hours after the launch of the iPhone 16
series.
IRAN LAUNCHES NEW RESEARCH SATELLITE, PUTS IT INTO ORBIT

• Why in the news: Iran launched a research satellite named Chamran-1 satellite, into orbit
with a rocket built by the Revolutionary Guards.
• About Chamran-1 satellite:
o Launched by: Qaem-100 satellite carrier
o Range: 550-kilometre (340-mile) orbit
o Designed and built by: Aerospace Force of the Revolutionary Guards
o Weighs: 60 kg (132 pounds)
• In January 2024, Iran launched Sorayya satellite into a 750 km orbit, the highest by the
country so far.
NEW IMAGES REVEAL MERCURY’S SPECKLED SURFACE

• Why in the news: A spacecraft operated by the European Space Agency (ESA) and Japan,
Bepi-Colombo, made its closest approach yet to Mercury, by sending back sharp, black and
white images of the planet’s barren, speckled surface at sunrise.
• The spacecraft gave scientists their first clear view of Mercury’s south pole.
Defence
20TH EDITION OF INDIA-USA JOINT MILITARY EXERCISE YUDH ABHYAS-2024
• Why in the news: The 20th edition of India-USA Joint Military Exercise YUDH ABHYAS-
2024 has started on 9th September 2024, and will be concluded on 22nd September 2024.
• Location: Foreign Training Node in Mahajan Field Firing Ranges, Rajasthan
• Exercise YUDH ABHYAS has been held annually since 2004, alternating between India and
the USA.

Crack Grade B 58
• The Indian Army contingent represented by a battalion of the RAJPUT Regiment while the
US contingent represented by the troops of 1-24 Battalion of the Alaska based 11th
Airborne Division of the US Army.
INDIAN NAVY LAUNCHES ANTI-SUBMARINE WARFARE SHALLOW WATER CRAFTS

‘MALPE’ AND ‘MULKI’
• Why in the news: Malpe and Mulki, fourth and fifth ships of the Eight Anti-Submarine
Warfare (ASW) Shallow Water Craft project, being built by M/s Cochin Shipyard Ltd, for
the Indian Navy, were launched at CSL, Kochi.
• The Mahe class ASW Shallow Water Crafts have been named after ports of strategic
importance along the coast of India, and will look to carry forward the glorious legacy of the
erstwhile minesweepers which were their namesake.
• The contract for building eight ASW SWC ships was signed between the Ministry of Defence
and CSL on 30 Apr 2019.
DRDO & INDIAN NAVY SUCCESSFULLY FLIGHT TESTS VL-SRSAM

• Why in the news: India has successfully test-fired the indigenously built Vertical Launch
Short Range Surface-to-Surface Air Missile (VL-SRSAM) from the launchpad of the
Integrated Test Range at Chandipur in Balasore district off the coast of Odisha.
• Conducted by: Defence Research and Development Organisation (DRDO) and the Indian Navy
• It is a ship-borne weapon system, is designed to neutralise various aerial threats at close
ranges, including sea-skimming targets.
JOINT MILITARY EXERCISE “AL NAJAH”

• Why in the news: The 5th edition of the joint Military Exercise “AL NAJAH”, between India
and Oman, is being held in Salalah, Oman.
• The Indian Army contingent is composed of 60 personnel and is represented by a battalion
of the Mechanised Infantry Regiment.
• The Royal Army of Oman contingent also comprises 60 personnel, which will be represented
by the troops of the Frontier Force.
• The Exercise AL NAJAH has been held biennially since 2015, alternating between India
and Oman.
US TO SELL HIGH ALTITUDE ANTI-SUBMARINE WARFARE SONOBUOYS TO INDIA

• Why in the news: The US has decided to sell High Altitude Anti-Submarine Warfare
(HAASW) sonobuoys to India.
• Worth: USD 52.8 million
• It will enhance India’s capacity to conduct anti-submarine warfare operations from its MH-
60R helicopters.
• The proposed sale will also strengthen the US-India strategic and defence relationship.
• India had urged to buy AN/SSQ-53O High Altitude Anti-Submarine Warfare (HAASW)
sonobuoys; AN/ SSQ-62F HAASW sonobuoys; and AN/SSQ-36 sonobuoys.
• Sonobuoys are air-launched, expendable, electro-mechanical sensors designed to relay
underwater sounds to remote processors.
DEFENCE MINISTER RAJNATH SINGH TO INAUGURATE IDAX-24 IN JODHPUR

Crack Grade B 59
• Why in the news: Defence Minister Rajnath Singh inaugurated the Defence Aviation Expo
being organised at Jodhpur Air Force station.
• Date: 12-14 September 2024
• Aim: To showcase indigenous skills and indomitable spirit of Indian Aviation Industries to a
wide spectrum of decision-makers and end users from Global Air Forces participating in
Tarang Shakti 2024.
IAF CONDUCTS SYMPOSIUM ON AIR DOMAIN AWARENESS AS PART OF TARANG

SHAKTI 2024
• Why in the news: As part of Exercise Tarang Shakti, India's largest multinational air exercise
aimed at enhancing interoperability and operational coordination among Friendly
Foreign Countries (FFCs), the Indian Air Force (IAF) organized a multinational symposium
on 'Air Domain Awareness' on 11th September, at Jodhpur.
• The theme of the symposium was "Collaborative Approach to Facilitate Air Domain
Awareness Towards Enhancing Regional Security."
DRDO CONDUCTS SUCCESSFUL FIELD TRIALS OF INDIAN LIGHT TANK

‘ZORAWAR’
• Why in the news: The Defence Research and Development Organisation (DRDO) has
successfully conducted the preliminary automotive trials of the Indian Light Tank,
Zorawar.
• It is a highly versatile platform capable of deployment in high-altitude areas.
• In the initial phase, the tank’s firing performance was rigorously evaluated, achieving the
required accuracy on designated targets.
• Zorawar has been successfully developed by the Combat Vehicles Research and
Development Establishment.
CHINA ANNOUNCES JOINT NAVAL, AIR DRILLS WITH RUSSIA
• Why in the news: Russian and Chinese forces are set to join the "North-Joint 2024"
exercises in the skies and around the Sea of Japan and Sea of Okhotsk, off Russia's coast.
• Aim: To deepen the strategic cooperation level between the Chinese and Russian militaries
and enhance their ability to jointly deal with security threats.
• China would participate in Moscow's "Ocean-2024" strategic exercise, a strategic command
and staff exercise involving all branches of Russia's armed forces.
NAVIKA SAGAR PARIKRAMA II

• Why in the news: The two officers, Lieutenant Commodore Roopa A and Lieutenant
Commodore Dilna K, would embark on the 'extraordinary expedition' as part of the
second Navika Sagar Parikrama onboard the INSV Tarini.
• Mentored by circumnavigator Commodore Abhilash Tomy
VINETRA COMMISSIONED AT INS SATAVAHANA, VISAKHAPATNAM

• Why in the news: The Kalvari Submarine Escape Training Facility (Vinetra) was
commissioned at INS Satavahana, Visakhapatnam.
• Commissioned by: Vice Admiral Rajesh Pendharkar, the Flag Officer Commanding-in-Chief,
Eastern Naval Command.

Crack Grade B 60
• Aim: To enhance the escape capabilities of crew from a distressed Kalvari-class submarine
• Constructed by: M/s L&T Defence as a turnkey project
• The Kalvari Submarine Escape Training Facility is equipped with a five-meter escape tower
integrated with an adjacent diving basin.
OPERATION CHAKRA III

• Why in the news: The Central Bureau of Investigation (CBI) has conducted Operation
CHAKRA III to dismantled a sophisticated virtual asset and bullion-supported cybercrime
network.
• This operation was executed in close coordination with the Federal Bureau of
Investigation (FBI) of the US.
NATIONAL SYMPOSIUM ‘EXERCISE AIKYA’ ON DISASTER MANAGEMENT TO

BEGIN IN CHENNAI
• Why in the news: A two-day national symposium of the National Disaster Management
Authority and the Army Southern Command entitled Exercise AIKYA in Chennai.
• Aim: To enhance disaster preparedness and foster robust collaboration among key
stakeholders
• The exercise will feature simulations, technology discussions and expert insights into various
roles of disaster management.
Reports
INDIA STATUS REPORT ON ROAD SAFETY 2024
• Why in the news: The "India Status Report on Road Safety 2024," prepared by the TRIP
Centre at IIT Delhi, revealed the ongoing challenges faced by India in improving road safety.
• High Fatality Rates:
o In 2021, these injuries were the 13th
leading cause of death and the 12th
leading cause of health loss
(measured in Disability-Adjusted Life
Years or DALYs).
o Haryana, Jammu and Kashmir,
Punjab, Rajasthan, Uttarakhand, and
Uttar Pradesh, road traffic injuries
are among the top 10 causes of
health loss.
• Disparities across States:
o Tamil Nadu, Telangana, and
Chhattisgarh have some of the
highest road traffic death rates, while
West Bengal and Bihar report much
lower rates.

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o Six states—Uttar Pradesh, Maharashtra, Madhya Pradesh, Karnataka, Rajasthan,

and Tamil Nadu—account for nearly half of all traffic fatalities.
• Vulnerable Road Users:
o Pedestrians, cyclists, and motorized two-wheeler riders are the most common victims
of road accidents.
o Despite the potential for helmets to reduce fatalities and injuries, less than 50% of
motorized two-wheeler riders wear them in most states.
• Comparing globally:
o In 1990, an Indian was 40% more likely to die in a road accident than someone in
countries like Sweden.
o By 2021, this disparity had increased to 600%.
• Note: West Bengal and Bihar have the lowest rates of road accident deaths, with 5.9 per
1,00,000 people in 2021
IIFT TOPS WORLDWIDE IN LINKEDIN GLOBAL MBA

RANKING 2024 IN NETWORKING
• Why in the news: India’s premier business school under
the Ministry of Commerce and Industry, Government of
India, the Indian Institute of Foreign Trade (IIFT)
globally ranked No. 1 in Networking and 51 in
LinkedIn’s Top 100 MBA Programmes in the world.
• IIFT Vice Chancellor: Prof. Rakesh Mohan Joshi
NITI AAYOG RELEASES EXPERT GROUP REPORT ON FUTURE PANDEMIC

PREPAREDNESS
• Why in the news: NITI Aayog released an Expert Group report titled “Future Pandemic
Preparedness and Emergency Response: A Framework for Action.”
• Primary focus: To provide a blueprint for the country to prepare for any future public health
emergency or pandemic and to have a rapid response system in place
• NITI Aayog had constituted an expert group to prepare a framework to tackle future
pandemics.
• The report indicates the steps on how the outbreak can be tracked, tested, treated, and
managed through a well-developed framework.
CENTRAL BANK DIGITAL CURRENCY MOMENTUM GROWING

• Why in the news: A total of 134 countries, representing 98% of the global economy, are now
exploring digital versions of their currencies, with almost half at an advanced stage and
pioneers.
• Research by: U.S.-based Atlantic Council think-tank
• Other highlights:
o All G20 nations are now looking into central bank digital currencies (CBDCs) and
about 44 countries in total are piloting them.
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o The only three countries (Bahamas, Jamaica and Nigeria) have already
launched CBDC.
o China, running the world’s largest pilot scheme, has seen use of its protype e-
CNY.
o The fastest growing one, codenamed mBridge, connects CBDCs from China,
Thailand, the UAE, Hong Kong and Saudi Arabia.
‘RELATIVE ECONOMIC PERFORMANCE OF INDIAN STATES: 1960-61 TO 2023-24’

PAPER HAS BEEN RELEASED
• Why in the news: A working paper, ‘Relative Economic Performance of Indian States:
1960-61 to 2023-24’ was released by Economic Advisory Council to the Prime Minister
(EAC-PM)
• Authored by: EAC-PM Member Sanjeev Sanyal and Aakanksha Arora
• Findings:
o From 1960-61 to 2023-24, western and southern states “performed notably
better” than the rest of the country
o Economic Performance:
o Strong: Maharashtra and Gujarat (consistent)
o Weak: West Bengal (continuous decline)
o Five southern states (Karnataka, Andhra Pradesh, Telangana, Kerala and Tamil
Nadu) accounted for over 30% of India’s Gross Domestic Product (GDP) in
2023-24.
o West Bengal saw its share shrink from the third-largest of 10.5% in 1960-61 to
only 5.6% in 2023-24.
o Relative per capita income remained the highest in Delhi, Telangana,
Karnataka and Haryana, and the lowest in Bihar.
o Delhi’s relative per capita income was 250.8%, indicating that the average income
was 2.5 times more than the country’s average.
o Among the smaller states, Sikkim and Goa registered remarkable improvements.
o Sikkim’s per capita income surged from 93 per cent of the national average in
1990-91, to 319 per cent in 2023-24.
o Similarly, Goa’s relative per capita income doubled from 144 per cent in 1970-71
to 290 per cent in 2023-24.
INDIA TO EMERGE 3RD LARGEST ECONOMY BY FY31: S&P GLOBAL

• Why in the news: According to the S&P Global report “India Forward: Emerging
Perspectives”, India is set to become the third largest economy and transition to the
upper-middle-income category by 2030-31, driven by a projected annual growth rate of
6.7 per cent this fiscal (FY25).
Indices/Rankings
DELHI AIRPORT CLIMBS TO 24TH IN MEGAHUB RANKINGS: OAG

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• Why in the news: Delhi's

Indira Gandhi International
Airport (IGIA) has climbed to
24th place in the latest
ranking of global "megahub"
airports, up from its previous
25th position, according to
international aviation
analytics firm OAG.
• Mumbai's Chhatrapati
Shivaji Maharaj
International Airport
(CSMIA) ranked at 44th.
• Top global megahubs: London
Heathrow, Kuala Lumpur
International, Tokyo-Haneda,
Amsterdam Schiphol, and
Seoul’s Incheon Airport
• India, now the world's third-largest aviation market behind the US and China, is among
the fastest-growing.
• IndiGo has a share of 39 per cent in all flights at the Delhi airport, and 41 per cent at the
Mumbai airport, per OAG data.
• The Delhi airport’s total LCC connections stand at 11,099 over 156 destinations.
• As for the Mumbai airport, total LCC connections stand at 8,461 over 127 destinations.
• In terms of overall flight connections, Delhi airport’s connections are at 21,781, while
Mumbai has 12,849, per OAG.
INDIA JUMPS TO TIER 1 IN GLOBAL CYBERSECURITY INDEX 2024

• Why in the news: India has jumped to Tier 1 in the Global Cybersecurity Index (GCI)
2024, released by the International Telecommunication Union (ITU).
• India’s score: 98.49 out of 100
• The Department of Telecommunications
(DoT) played a pivotal role as the nodal agency
representing India in the Global Cybersecurity
Index (GCI) 2024.
• The ‘GCI 2024’ used a new five-tier analysis
i.e.
• Pillars of assessment
o 1. Legal Measures
o 2. Technical Measures
o 3. Organizational Measures
o 4. Capacity Development
o 5. Cooperation
• The report placed 46 countries in Tier 1, the highest of the five tiers, reserved for “role
modelling" countries that demonstrate a strong commitment in all five cybersecurity pillars.
• About International Telecommunication Union:
o Headquarters: Geneva, Switzerland
o Founded: 17 May 1865
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ANGKOR WAT NAMED MOST PHOTOGENIC UNESCO WORLD HERITAGE SITE IN

ASIA
• 'Why in the news: According to the Times Travel,
Cambodia's UNESCO World Heritage site - Angkor Wat -
has been named as the most photogenic UNESCO World
Heritage site in Asia.
• Other most photogenic UNESCO World Heritage site in
Asia:
o Taj Majal, India
o Great Wall of China, China
o Bagan, Myanmar
o Borobudur, Indonesia
o Halong Bay, Vietnam
o Kyoto’s Historic Monuments, Japan
o Petra, Jordan
o Rice Terraces of the Philippine Cordilleras, Philippines
o Hampi, India
TIME'S WORLD'S BEST COMPANIES 2024
• Why in the news: World's Best Companies 2024 list has been released by TIME.
• Topped Companies (Overall): Apple (USA), Accenture (Ireland), Microsoft (USA), BMW Group
(Germany), and Amazon (USA)
• Top Indian Companies (Ranking): HCLTech (112), Infosys (119), Wipro (134), Mahindra
Group (187), and Axis Bank (504)

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JSW MG MOTOR RANKS HIGHEST IN DEALER SATISFACTION: FADA SURVEY

• Why in the news: According to the survey was conducted by
the Federation of Automobile Dealers Associations (FADA),
JSW MG Motor has topped the dealer satisfaction survey
(DSS) 2024, followed by Mahindra & Mahindra and Hyundai.
BEST BUSINESS SCHOOL RANKINGS 2024–25

• Why in the news: According to the Bloomberg's Best Business School Rankings 2024–25,
in Asia-Pacific region, India's IIM Bangalore and IMT Ghaziabad ranked third and eighth,
overall, respectively.
• Top 5:
1. Hong Kong University of Science and Technology (HKUST)
2. Shanghai University of Finance and Economics
3. Indian Institute of Management Bangalore
4. China Europe International Business School
5. Indian School of Business
TCS RANKED THE MOST VALUABLE BRAND IN KANTAR'S BRANDZ REPORT

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• Why in the news: According to the BrandZ

report, released by Kantar, Tata
Consultancy Services (TCS) was ranked the
most valuable brand for the third year in a
row with a brand value of $49.7 billion.
• HDFC Bank ($38.3 billion) ranked second,
followed by Airtel ($29.9 billion), Infosys ($25.3
billion), and State Bank of India ($18 billion).
• Note: Zomato, which is ranked on 31 spot,
was seen as the "Fastest Riser" with 100 per
cent growth in brand value year-on-year on the
back of innovation and expansion into quick commerce.
ICICI PRUDENTIAL LIFE ‘TOPS’ CLAIM SETTLEMENT RATIO AT 99.35% IN Q1FY25

• Why in the news: ICICI Prudential Life Insurance Company Ltd has reported claim
settlement ratio of 99.35% for Q1FY25, the highest among all life insurance companies
both private and public sector in the country as per available industry data.
• Also, the average turnaround time taken by the insurer to settle a death claim was reported
at 1.2 days for the same period.
• A total of 2,911 claims were settled by the company during Q1FY25.
• Subsequently, the claim settlement ratios of HDFC Life were 97.24 per cent, Tata AIA Life
were 96.52 per cent, SBI Life stood at 96.04 per cent, LIC’s stood at 95.31 per cent, and Bajaj
Allianz Life had a settlement ratio of 90.49 per cent.
• The claim settlement ratio and the average settlement turnaround time are an indication
of the ability and swiftness of the life insurer in settling claims.
Awards, Books & Festivals
Awards
PRESIDENT PRESENTS NATIONAL FLORENCE NIGHTINGALE AWARDS TO NURSES
• Why in the news: President Droupadi Murmu has conferred 15 National Florence
Nightingale Awards 2024 to Nurses at Rashtrapati Bhavan in New Delhi.
• The National Florence Nightingale Award was instituted by the Ministry of Health and
Family Welfare in the year 1973.
• This award is given as a mark of recognition for the meritorious services rendered by the
nurses and nursing professionals to society.
INDIAN ORIGIN LECTURER WIN THE PRIZE FOR LITERATURE IN SINGAPORE

• Why in the news: An Indian-origin lecturer, Prasanthi Ram, at Nanyang Technological
University has won the Singapore Literature Prize for English fiction for her short story
– ‘Nine Yard Sarees’.
• The short story cycle is about generations of a Tamil Brahmin family dispersed across
Singapore, Sydney, New York and Connecticut.
RINL AWARDED THE PRESTIGIOUS CII-GBC NATIONAL ENERGY LEADER AWARD

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• Why in the news: Rashtriya Ispat Nigam Limited (RINL), the corporate entity of
Visakhapatnam Steel Plant has bagged the prestigious National Energy Leader Award from
the Confederation of Indian Industry – Green Business Centre (CII-GBC).
• This is the sixth consecutive year that RINL has received this accolade.
• RINL has also achieved the “Excellent Energy Efficient Unit Award for an impressive
eighth consecutive year.”
• CMD, RINL: Sri AK Bagchi’
RAJBHASHA KIRTI AWARD TO DEPARTMENT OF ADMINISTRATIVE REFORMS

AND PUBLIC GRIEVANCES
• Why in the news: The Rajbhasha Kirti Award 2023-2024 was given to Department of
Administrative Reforms and Public Grievances.
• Reason: For the best performance in Official Language Hindi
• Category: Ministries / Departments with less than 300 personnel
• The award was given by the Department of Official Language, Ministry of Home Affairs.
• Public sector Indian Overseas Bank has secured the Rajbhasha Kirti Pratham Puraskar
first prize for the second consecutive year in the Official Language Implementation
category for 2023-24 by the Ministry of Home Affairs.
o Note: Indian Overseas Bank currently has 3,264 branches, 3,500 ATM network
and 7,251 business correspondents. It also offers its service in Singapore, Hong
Kong, Thailand and Sri Lanka.
AISHWARYA RAI WINS BEST ACTRESS AT SIIMA 2024

• Why in the news: Aishwarya Rai Bachchan was awarded Best Actress in a Leading Role
(Critics) for her performance in Ponniyin Selvan: Part 2 (directed by: Mani Ratnam), at
South Indian International Movie Awards (SIIMA) 2024.
INDIAN WOMEN’S CONTRIBUTIONS ACROSS UAE HONOURED AT INDIAN WOMEN

DUBAI AWARDS 2024
• Why in the news: The Indian Women Dubai Awards 2024 took place in Dubai, honoring the
achievements of Indian women who have contributed in various fields of excellence across the
UAE.
• More than 30 awards were presented, recognizing women for their achievements in areas
such as technology, entrepreneurship, healthcare, and the arts.
CONDUCT OF GRAMA SABHAS IN ANDHRA PRADESH RECOGNISED AS A WORLD

RECORD
• Why in the news: The Panchayat Raj and Rural Development (PR&RD) Department,
Andhra Pradesh had conducted the Grama Sabhas in 13,326 villages on a single day (on
August 23), has been recognised by the World Records Union (WRU) as a world-record
feat.
BOOKER PRIZE 2024 SHORTLIST ANNOUNCED

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• Why in the news: The 2024 Booker Prize shortlist has been announced, with the largest
number of women represented in its 55-year history.
• Nominees are:
o 'James' by Percival Everett
o 'Orbital' by Samantha Harvey
o 'Creation Lake' by Rachel Kushner
o 'Held' by Anne Michaels
o 'The Safekeep' by Yael van der Wouden
o 'Stone Yard Devotional' by Charlotte Wood
• About Booker Prize:
o It is the leading literary award in the English-
speaking world
o Annual Prize
o The prize is awarded to the best sustained
work of fiction written in English and published in the UK and Ireland.
o The winner receives £50,000 as well as the £2,500 awarded to each of the six
shortlisted authors.
• 2023 Booker Prize winner: 'Prophet Song' by Paul Lynch
IB MINISTRY INSTITUTES NEW SECTION FOR YOUNG FILMMAKERS IN IFFI 2024

• Why in the news: The Information and Broadcasting Ministry has instituted a new
section as part of the International Film Festival of India (IFFI) 2024 for young
filmmakers called the “Best Debut Indian Film Section 2024.”
• The 55th IFFI is slated to be held in Goa from November 20th to 28th.
76TH PRIMETIME EMMY AWARDS

• Why in the news: Shōgun was awarded with the 76th Primetime Emmy Awards in the
category of Outstanding Drama Series. Here is the list of other awards:
Category Winner
Outstanding comedy series Hacks
Outstanding lead actress in a comedy series Jean Smart, “Hacks”
Outstanding lead actor in a comedy series Jeremy Allen White, “The Bear”
Outstanding lead actress in a drama series Anna Sawai, “Shōgun”
Outstanding lead actor in a drama series Hiroyuki Sanada, “Shōgun”
Best directing for a drama Frederick E.O. Toye, “Shо̄gun”
Best directing for a comedy series Christopher Storer, “The Bear”
Lead Actor, Limited Series or Movie Richard Gadd, Baby Reindeer
Lead Actress, Limited Series or Movie Jodie Foster, True Detective: Night Country
Outstanding Talk Show The Daily Show
• Most overall nominations: Shogun (25), The Bear (23), Only Murders in the Building (21),
True Detective: Night Country (19), The Crown (18), and Saturday Night Live (17)
NMDC LTD HONORED WITH RAJBHASHA KIRTI AWARD 2023-2024

• Why in the news: NMDC Ltd has been conferred the prestigious ‘Rajbhasha Kirti Award’ for
2023-2024, in the category of Undertakings situated in “C” region.
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• Presented at: Hindi Diwas Function 2024 and Fourth Akhil Bhartiya Rajbhasha Sammelan
• Organized by: The Official Language Department, Ministry of Home Affairs
• NMDC was recognized with the second prize for the effective implementation of the
official language policy.
Books
THE BOOK TITLED ‘SRI RAMA IN TAMILAGAM – AN INSEPARABLE BOND’
RELEASED
• Why in the news: The Book Titled ‘Sri Rama in Tamilagam – An inseparable bond’ was
authored by Dr. D.K.Hari and Dr. D.K.Hema Hari, released.
• This book was released by Governor of Tamil Nadu, R. N. Ravi.
ARUNDHATI ROY’S FIRST MEMOIR ‘MOTHER MARY COMES TO ME’ TO RELEASE

• Why in the news: The first work of memoir, “Mother Mary Comes to Me”, authored by
Arundhati Roy, to be released in September 2025.
• Publish by: Penguin Random House
• Note:
o Arundhati Roy won her first Booker prize in 1997 for her debut novel, The God
of Small Things
o Her other notable work:
▪ “The Ministry of Utmost Happiness”
▪ “The End of Imagination”
▪ “The Doctor and The Saint”,
▪ “The Algebra of Infinite Justice”
Festivals
LADAKH ZANSKAR FESTIVAL BEGINS IN SANI
• Why in the news: The 9th edition of Zanskar festival 2024 has started in Zanskar region,
Ladakh.
NATURE FESTIVAL KARAM STARTS WITH GREAT POMP IN JHARKHAND

• Why in the news: The Karam festival is being celebrated across Jharkhand with religious
fervor and enthusiasm.
• This Puja is related to the harvest and serves as a tribute to the Karam tree.
• This tree symbolizes fertility, prosperity, and everything that is auspicious.
• This festival is observed not only in the tribal-dominated areas of Jharkhand, Chhattisgarh,
Madhya Pradesh and Odisha but also in Nepal.
NAGALAND’S 5TH BRILLANTE PIANO FESTIVAL TAKES CENTRE STAGE IN

BENGALURU
• Why in the news: The fifth edition of the Brillante Piano Festival is set to take place in
Bengaluru on September 28 and 29, 2024.

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• For the first time since its inception in 2017, the festival is relocating from Nagaland to
South India, marking its debut outside the state.
• Participants: 18 Countries + 16 Indian States
BRICS LITERATURE FORUM 2024

• Why in the news: BRICS Literature Forum 2024 was commenced in Kazan, Russia on 11
September 2024.
• Inaugurated by: Ilsur Metshin, Mayor of Kazan
• Theme 2024: World literature in the new reality. Dialogue of traditions, national values and
cultures
19TH DIVYA KALA MELA

• Why in the news: Union Minister for Social Justice and Empowerment, Dr. Virendra Kumar
would be inaugurating the 19th Divya Kala Mela, in Visakhapatnam on 19th September
2024.
• Organized by: Department of Empowerment of Persons with Disabilities (Divyangjan)
[DEPwD], under the Ministry of Social Justice and Empowerment through National
Divyangjan Finance and Development Corporation (NDFDC).
NADI UTSAV 2024 INAUGURATED AT IGNCA

• Why in the news: Nadi Utsav 2024 was inaugurated at the Indira Gandhi National Centre
for the Arts (IGNCA) in New Delhi on 19th September 2024.
• Edition: 5th edition
• Theme: Rivers in Reverse: Making of a Lifeline
• Focus: On the components of a river and its surrounding culture.
Sports
PRO KABADDI LEAGUE TO BEGIN ON OCTOBER 18 IN HYDERABAD
• Why in the news: The Season 11 of Pro PKL Team Owner
Bengal Warriors Capri Sports
Kabaddi League will begin on October 18,
Note: Akshay Kumar shares
2024 with a showdown between Telugu co-ownership of the team
Titans and Bengaluru Bulls in Hyderabad. Bengaluru Bulls WL League Pvt. Ltd
• Format: Three City caravan format Dabang Delhi Radha Kapoor Khanna
o Phase 1: October 18 - November 9 (Daughter of Rana Kapoor,
former MD and CEO of Yes
▪ Location: Gachibowli Indoor
Bank)
Stadium, Hyderabad Gujarat Giants Adani Wilmar Ltd
o Phase 2: November 10 - December 1 Haryana Steelers JSW Group
▪ Location: Noida Indoor Jaipur Pink Abhishek Bachchan
Stadium, Noida Panthers
Patna Pirates Rajesh V Shah
o Phase 3: December 3 - December 24
Puneri Paltan Insurekot Sports Pvt. Ltd
▪ Location: Balewadi Telugu Titans Veera Sports
Badminton Stadium, Pune Tamil Thalaivas Magnum Sports Pvt. Ltd
• Total Teams: 12 U Mumba Unilazer Ventures Pvt. Ltd
• Slogan: Le Panga UP Yoddhas GMR Group

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ASIAN CRICKET COUNCIL LAUNCHES WOMEN’S U-19 T20 ASIA CUP

• Why in the news: The Asian Cricket Council (ACC) has launched Women’s Under-19 T20
Asia Cup, announced during the ACC Executive Board Meeting in Kuala Lumpur, Malaysia.
• The Women’s U19 Asia Cup will be held biennially, positioning it as a key preparatory
tournament ahead of each ICC Women’s U19 World Cup.
• About Asian Cricket Council:
• President: Jay Shah; HQ: Colombo, Sri Lanka
MANIPUR’S T.G. ENGLISH SCHOOL WINS JUNIOR BOYS TITLE OF 63RD SUBROTO
CUP
• Why in the news: Manipur’s T.G. English School has won the Junior Boys title of the
63rd Subroto Cup International Football Tournament, held at BR Ambedkar Stadium in
New Delhi.
• Defeated: Meghalaya’s Myngken Christian Higher Secondary School
• Subroto Cup:
o It is one of
o The tournament aims to promote football at the grassroots level in the country.
INDIAN OIL TO PROVIDE SCHOLARSHIPS, MEDICAL INSURANCE TO PARA

ATHLETES
• Why in the news: Public Sector Undertaking (PSU), Indian Oil Corporation promised to
provide monthly scholarships and medical insurance to the country's para athletes.
• The Indian contingent made history by securing 29 medals, including seven gold, nine
silver and 13 bronze, marking the nation's best-ever performance at the Paralympics in
Paris.
• Indian Oil Chairman: V Satish Kumar
INDIAN PARALYMPIC MEDALIST TO GET ₹75 LAKH FOR GOLD, ₹50 LAKH FOR
SILVER, ₹30 LAKH FOR BRONZE
• Why in the news: Sports Minister Mansukh Mandaviya announced cash awards of Rs 75
lakh to the gold medallists, Rs 50 lakh for the silver winners and Rs 30 lakh for the
Indian athletes who have won bronze in the just-concluded Paralympic Games in Paris.
• Those excelling in mixed teams events, like archer Sheetal Devi, will get richer by Rs 22.5
lakh.
HASHIKA BREAKS 13-YEAR-OLD RECORD OF SENIOR NATIONAL AQUATIC

C'SHIPS
• Why in the news: The 77th Senior National Aquatic Championships 2024 began at the
International Aquatic Complex in Mangaluru.
• Hashika Ramachandra clock 4:24.70 in the women's 400m freestyle event and break a
13-year-old national record previously held by Richa Mishra (4:25.76).
• The Men's 400m saw Karnataka's Aneesh S Gowda claim the top spot with a time of
3:56.59.

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OCA INCLUDES YOGASANA AS DEMONSTRATION SPORT IN 2026 ASIAN GAMES

• Why in the news: India's ancient sport, yogasana was included as a demonstration event
at the 2026 Asian Games to be held in Aichi-Nagoya, Japan.
• Yogasana's inclusion in the Asian Games calendar as a demonstration sport was
unanimously passed at the 44th General Assembly of Olympic Council of Asia.
• OCA president: Randhir Singh (India, from 2024-2028)
FIRST PAKISTANI WOMAN NOMINATED TO ICC AS INTERNATIONAL CRICKET

UMPIRE
• Why in the news: Saleema Imtiaz became the first Pakistani woman to be nominated to
the ICC international panel of development umpires.
• Imtiaz's nomination on the panel means she is now eligible to officiate in women's
bilateral international matches and ICC women's events.
NEERAJ CHOPRA FINISHES SECOND AT DIAMOND LEAGUE FINAL IN BRUSSELS

• Why in the news: Ace Indian javelin throw athlete Neeraj Chopra finished in second
position in Brussels with a best throw of 87.86 m at the Diamond League Final.
• Top Position: Anderson Peters (Grenadian javelin thrower, Best Throw: 87.87 m)
• Third Position: Julian Weber (Germany, Best Throw: 85.97 m)
OSCAR PIASTRI CLAIMS MAIDEN VICTORY AT AZERBAIJAN GRAND PRIX

• Why in the news: Oscar Piastri (McLaren) won the Azerbaijan Grand Prix 2024, held at
Baku City Circuit, Azerbaijan on 15th September 2024.
• He shared podium with Charles Leclerc (Ferrari) and George Russell (Mercedes), who
came second and third respectively.
ANMOL KHARB WINS FIRST INDIVIDUAL INTERNATIONAL BADMINTON TITLE

• Why in the news: India's badminton player, Anmol Kharb (17) secured her first senior
international title by winning the women’s singles event at the Belgian International
2024 in Leuven
• Defeated: Amalie Schulz (Denmark)
TAVISH PAHWA CLINCHES HIS MAIDEN ITF JUNIOR’S TITLE

• Why in the news: Tavish Pahwa (14 years) defeated Roman Kulpin in the final of the ITF
junior tennis tournament 2024 for his maiden title in the international junior circuit in
Colombo.
• Boys Doubles Final: Viraj Gohil (India) and Miguel Iglupas (Philippines)
WINNER OF WOMEN'S T20 WORLD CUP 2024 TO BE REWARDED WITH $2.34

MILLION
• Why in the news: The International Cricket Council (ICC) announced equal prize money
for men and women in World Cups, starting with the women's T20 showpiece in the UAE
in October 2024.
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• Overall prize money: $7.95 million (Increase of 225%)

• Winner: $2.34 million (134% increase from last edition)
• Runner - up: $1.17 million
• Last two semi-finalists: USD 675, 000
• Note: The ninth edition of the T20 WC tournament will take place across two venues in
the UAE — Dubai and Sharjah — from October 3 to 20.
GLASGOW 2026 COMMONWEALTH GAMES

• Why in the news: The 2026 Commonwealth Games will be hosted by Glasgow, Scotland,
following a withdrawal by Australian state of Victoria.
• Edition of 2026 Commonwealth Games: XXIII
• Note:
• The Victorian government had to pay a compensation of 380 million Australian dollars
(approximately USD 256 million) to the Commonwealth Games Federation (CGF).
• 2022 Commonwealth Games were hosted by Birmingham, England.
• India hosted the 2010 Commonwealth Games, i.e. XIX, in New Delhi.
INDIA LIFTS MEN’S ASIAN CHAMPIONS TROPHY FOR RECORD 5TH TIME
• Why in the news: In Hockey, India lifted the Men’s Asian Champions Trophy for a record
fifth time after defeating the hosts China 1-Nil at Hulunbuir, China.
INDIA’S DHANUSH LOGANATHAN WINS BRONZE IN MEN’S 55KG AT IWF JUNIOR

WORLD CHAMPIONSHIPS 2024
• Why in the news: India’s Dhanush Loganathan won the bronze medal in the men’s 55kg
event at the IWF Junior World Weightlifting Championships 2024 in Leon, Spain
• He lifted a total of 231kg (107 snatch+124kg clean and jerk) for bronze.
• Gold: K Duong (Vietnam)
• Silver: Kotaro Tomari (Japan)
PUNJAB LIFTS HOCKEY JUNIOR MEN’S NATIONAL CHAMPIONSHIP TROPHY

• Why in the news: Punjab defeated Uttar Pradesh to clinch the 14th Hockey India Junior
Men’s National Championship 2024 at the Olympian Surjit Singh Hockey Stadium in
Jalandhar.
• Haryana defeated Karnataka 5-0 to secure third place on the podium.
Appointments
GALAXY HEALTH INSURANCE APPOINTS G SRINIVASAN AS ITS MD & CEO
• Why in the news: Galaxy Health Insurance Company Ltd has appointed G Srinivasan
(former MD of New India Assurance) as its MD and CEO.
• Galaxy Health Insurance Company Ltd, a standalone health insurer that received its IRDAI
license in March 2024.
• Note:

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o What is SAHI?
▪ SAHI refers to Standalone Health Insurers (SAHIs).
▪ SAHI companies are insurance companies that specialize in health
insurance
▪ Total Standalone Health Insurers (SAHIs) in India: 7 (Seven)
• Aditya Birla Health Insurance Co. Ltd.
• Care Health Insurance Ltd (formerly known as Religare Health
Insurance Co. Ltd.)
• Galaxy Health and Allied Insurance Co.
• Narayana Health Insurance Ltd.
• Manipal Cigna Health Insurance Company Limited
• Niva Bupa Health Insurance Co Ltd.
• Star Health & Allied Insurance Co.Ltd.
FADA ANNOUNCES APPOINTMENT OF C S VIGNESHWAR AS NEW PRESIDENT FOR

2024-26
• Why in the news: The Federation of Automobile Dealers Associations (FADA) has
appointed C S Vigneshwar as its President for 2024-26 period.
• Vice President: Sai Giridhar, MD of Saisha Motors Pvt Ltd (Dealer for Skoda Volvo Cars &
MG Motors)
• Secretary: Amar Jatin Sheth, Managing Director for Group Shaman (Dealer for Honda Cars,
Volkswagen and Triumph)
• Treasurer: Pradeep Agarwal, managing partner for JMG Group (Dealer of Hero MotoCorp)
SHEETAL DEVI & RAKESH KUMAR TEAM UP AS ECI NATIONAL PWD ICONS FOR
VOTER AWARENESS
• Why in the news: Paralympic archery champions Sheetal Devi and Rakesh Kumar has
been appointed as ECI National PwD Icons for voter awareness.
ONDC APPOINTS RS SHARMA AS NON-EXECUTIVE CHAIRPERSON

• Why in the news: Open Network for Digital Commerce (ONDC), the government-backed
open network for ecommerce, has appointed RS Sharma as its non-executive chairperson.
SUBRATA MONDAL APPOINTED AS NEW MD & CEO OF IFFCO TOKIO GENERAL

INSURANCE
• Why in the news: IFFCO Tokio General Insurance Company Limited (IFFCO Tokio), a
general insurer, has appointed Subrata Mondal as its new Managing Director and Chief
Executive Officer.
• Note: IFFCO-Tokio General is a 51:49 JV between the Indian Farmers Fertilisers Co-
operative (IFFCO) and Japan based Tokio Marine Group.
NAGARAJU MADDIRALA, SECRETARY, DEPARTMENT OF FINANCIAL SERVICES,

NOMINATED ON RBI CENTRAL BOARD

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• Why in the news: The Central Government has nominated Nagaraju Maddirala, Secretary,
Department of Financial Services, Ministry of Finance, Government of India as a
Director on the Central Board of Reserve Bank of India.
TATA MOTORS MANAGING DIRECTOR SHAILESH CHANDRA ELECTED SIAM

PRESIDENT
• Why in the news: The Society of Indian Automobile Manufacturers (Siam) has elected
Shailesh Chandra, Managing Director of Tata Motors Passenger Vehicles, as its new
president for the term 2024-25.
• Vice President of Siam: Shenu Agarwal (MD & CEO of Ashok Leyland)
• Treasurer: Satyakam Arya (CEO and Managing Director of Daimler India Commercial
Vehicles)
RAJESH VERMA TAKES CHARGE AS CHAIRPERSON OF CAQM

• Why in the news: Rajesh Verma has taken charge as the new full-time Chairperson of the
Commission for Air Quality Management in NCR and Adjoining Areas (CAQM).
• Tenure: Three years
RAKESH MOHAN JOSHI TAKES OVER AS VICE-CHANCELLOR OF IIFT

• Why in the news: Rakesh Mohan Joshi took charge as vice-chancellor of the Indian Institute
of Foreign Trade (IIFT), a business school under the ministry of commerce.
R. RAVINDRA APPOINTED AS INDIA'S NEXT AMBASSADOR TO ICELAND

• Why in the news: R. Ravindra, currently the Deputy Permanent Representative of India to
the United Nations in New York, has been appointed as the country's next envoy to Iceland.
PHILEMON YANG ASSUMED PRESIDENCY OF 79TH UNGA SESSION

• Why in the news: Former PM of Cameroon, Philemon Yang has assumed the presidency of
the 79th United Nations General Assembly session.
SENIOR IPS OFFICER AMRIT MOHAN APPOINTED SSB CHIEF

• Why in the news: Amrit Mohan Prasad has been appointed as the Director General of
Sashastra Seema Bal (SSB), replacing Daljit Singh Chaudhary.
• Tenure: Till August 2025
• Note: The SSB guards the country’s frontiers with Nepal and Bhutan.
JORDAN’S KING APPOINTS NEW PRIME MINISTER AFTER PARLIAMENTARY

ELECTIONS
• Why in the news: Jordan's King Abdullah II has named Jafar Hassan as the new prime
minister of the country, replacing Bisher al-Khasawneh.
SAMIR KUMAR TO TAKE OVER AS AMAZON INDIA HEAD FROM OCTOBER 1

• Why in the news: Samir Kumar will take over the helm of Amazon India on October 1, 2024,
replacing Manish Tiwary.
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SANTOSH KASHYAP APPOINTED HEAD COACH OF INDIAN WOMEN’S FOOTBALL

TEAM
• Why in the news: The All-India Football Federation (AIFF) has appointed Santosh Kashyap
as the new head coach of the Indian senior women’s football team, replacing former
international player Chaoba Devi.
Y HARAGOPAL APPOISNTED MD OF NABCONS

• Why in the news: Y Haragopal has been appointed Managing Director of NABCONS
(NABARD Consultancy Services), a wholly-owned subsidiary of the National Bank for
Agriculture and Rural Development.
SQN LDR MOHANA SINGH IS INDIA’S 1ST WOMAN TEJAS FIGHTER PILOT
• Why in the news: Squadron Leader Mohana Singh has become India’s first woman Tejas
fighter pilot, with the Indian Air Force assigning her to the No. 18 ‘Flying Bullets’
Squadron based at Naliya in Gujarat.
RICKY PONTING JOINS PUNJAB KINGS AS HEAD COACH

• Why in the news: Ricky Ponting, the former Australian captain, has signed a deal with
Punjab Kings in the Indian Premier League as Head Coach.
YUM! BRANDS APPOINTS ROHAN PEWEKAR AS PIZZA HUT INDIA MD

• Why in the news: Pizza Hut, a division of US-based Yum! Brands, has appointed Rohan
Pewekar as the Managing Director, Pizza Hut Indian Subcontinent.
• He succeeds Merrill Pereyra.
RBI APPROVES RE-APPOINTMENT OF V VAIDYANATHAN AS IDFC FIRST BANK MD

FOR 3 YEARS
• Why in the news: The Reserve Bank of India (RBI) approved the re-appointment of V
Vaidyanathan as MD, CEO of IDFC First Bank for a period of three years effective from
December 19, 2024, to December 18, 2027.
SRIKANTH VELAMAKANNI NAMED NASSCOM VICE-CHAIRPERSON

• Why in the news: Nasscom has appointed Srikanth Velamakanni as its vice-chairperson.
• Velamakanni is the co-founder and group chief executive, Fractal.
• Recently, SAP Labs India Managing Director Sindhu Gangadharan was appointed as
chairperson of Nasscom with immediate effect.
Conferences
NITI AAYOG HOSTS NATIONAL SEMINAR ON ‘SUSTAINABLE RURAL LIVELIHOODS’
• Why in the news: NITI Aayog hosted a National Seminar on ‘Sustainable Rural
Livelihoods’, chaired by Prof. Ramesh Chand, Member, NITI Aayog.

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INDIA TO HOST 2ND ASIA-PACIFIC MINISTERIAL CONFERENCE ON CIVIL

AVIATION
• Why in the news: The 2nd Asia Pacific Ministerial Conference on Civil Aviation 2024 will
be host from 11th to 12th September 2024 at Bharat Mandapam, New Delhi, India.
• Co-hosted by: International Civil Aviation Organization (ICAO) and the Ministry of Civil
Aviation, Government of India
• The first Ministerial Conference of the Asia Pacific region was organized in 2018 in
Beijing, China.
GLOBAL COOPERATIVE CONFERENCE 2024 SCHEDULED TO TAKE PLACE IN

NOVEMBER 2024
• Why in the news: The International Cooperative Alliance (ICA) General Assembly and the
Global Cooperative Conference 2024 will be held at Bharat Mandapam, Pragati Maidan, New
Delhi from November 25th to November 30th, 2024.
• This conference will be held in India after 130 years.
• Theme 2024: Cooperatives Build Prosperity for All
• Note: The Conference will also mark the official launch of the UN International Year of
Cooperatives 2025.
ATAL INNOVATION MISSION, NITI AAYOG HOSTS 20TH MEDTECH MITRA

TECHNICAL ADVISORY MEETING
• Why in the news: Atal Innovation Mission (AIM), NITI Aayog hosted the 20th Technical
Advisory Committee (TAC) meeting of the MedTech Mitra initiative.
• During the meeting, the 6th edition of coffee table book series ‘Innovations for You’
focused on Life Sciences and Biotechnology was also launched.
SECOND ASIA PACIFIC MINISTERIAL CONFERENCE ON CIVIL AVIATION TO BEGIN

IN NEW DELHI
• Why in the news: The second Asia Pacific Ministerial Conference on Civil Aviation has
been started on September 11, 2024 at Bharat Mandapam in New Delhi.
• Hosted by: International Civil Aviation Organization (ICAI) and the Ministry of Civil Aviation
• The number of aircraft in India has increased from 400 to more than 800 and airports
have exponentially grown from 74 to 157.
• India is also aiming to expand to 350-400 airports by 2047.
INDIA PARTICIPATES IN G20 AGRICULTURE MINISTERIAL MEETING IN CUIABÁ,
BRAZIL
• Why in the news: Union Minister of State for Agriculture & Farmers’ Welfare, Ram Nath
Thakur along with Ambassador of India to Brazil, Suresh Reddy participated in the G20
Agriculture Ministerial Meeting held in Cuiabá, Brazil on 12th -14th September 2024.
• About G20 Summit 2024:
o The 19th Heads of State and Government Summit of the Group of 20 (G20) will
take place in November 2024 in Rio de Janeiro, Brazil.
o Theme 2024: Building a Just World and a Sustainable Planet
o Members of G20: 19 (Countries) + EU + African Union (2023 year)

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▪ 19 countries are: Argentina, Australia, Brazil, Canada, China, Germany,

France, India, Indonesia, Italy, Japan, the Republic of Korea, Mexico, the
Russian Federation, Saudi Arabia, South Africa, Türkiye, the UK, and the
US
THIRD EDITION OF INDUS-X SUMMIT CONCLUDES IN CALIFORNIA

• Why in the news: The third edition of the 2-day INDUS-X Summit concluded on 10th
September 2024 in the United States.
• The Summit was a landmark event jointly organised by the U.S.-India Strategic
Partnership Forum (USISPF) and Stanford University.
• During the summit, an MoU was signed between iDEX and the Defence Innovation Unit
(DIU) under the US Department of Defence, to increase co-operation in defence
innovation and deepen collaboration to facilitate industry, research, and investment
partnerships among the stakeholders.
• Note: The INDUS-X initiative is being steered by Innovations for Defence Excellence (iDEX)
on behalf of Ministry of Defence and Defence Innovation Unit (DIU) under the U.S.
Department of Defense (DoD).
FOURTH EDITION OF GLOBAL BIO-INDIA 2024 SUCCESSFULLY CONCLUDED

• Why in the news: The fourth edition of Global Bio-India 2024 successfully concluded on
14th September 2024, New Delhi.
• Organized by: Ministry of Science and Technology
• Theme 2024: Biotech Innovation’ and ‘Bio-manufacturing’
• Note:
o Recently, the government of India has recently approved the BioE3 (Biotechnology
for Economy, Environment and Employment) Policy to make India a global
biotech powerhouse by promoting biomanufacturing and employment in the sector.
INDIA TO HOST THE FORMAL MEETINGS OF THE COP9 BUREAU AND FUND
APPROVAL COMMITTEE OF THE UNESCO ANTI-DOPING CONVENTION
• Why in the news: India will host the 2nd Formal Meeting of the COP9 Bureau and the 3rd
Formal Meeting of the Fund Approval Committee under the UNESCO International
Convention against Doping in Sport on September 17-18, 2024, in New Delhi.
• Hosted by: Ministry of Youth Affairs & Sports
RE-INVEST GLOBAL MEET 2024

• Why in the news: The 4th edition of the Global Renewable Energy Investors Meet and
Expo (4th RE-INVEST) was organized from 16th to 18th September, 2024 at Mahatma
Mandir, Gandhinagar, Gujarat.
• Organized by: Ministry of New and Renewable Energy in collaboration with IREDA and CII
• RE-INVEST is a GoI’s flagship event to showcase India’s RE potential to the world & to
invite investment in the sector by initiating multilateral dialogue.
• Central Theme 2024: India Targets 500 GW RE By 2030
• Sector wise targeted capacity in GW
Sector Target (Capacity in GW)

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Solar Power 292

Wind Power 100
Bio Energy 15
Hydro 78
Nuclear Power 15
• Partner Countries: Australia, Denmark, Germany, and Norway
• Note: India achieved 200gw installed non fossil power capacity in 2024
BANKS, FIS TO INVEST RS 32.5 TRILLION IN RENEWABLE ENERGY BY 2030

• Why in the news: Leading renewable energy (RE) project developers, manufacturing
companies, banks, and financial institutions committed close to $386 billion or around
Rs 32.45 trillion to the development of RE projects by 2030.
• This commitment was made at the inaugural ceremony of the 4th RE-Invest Summit hosted
by the Ministry of New and Renewable Energy (MNRE) and Confederation of Indian Industry
(CII).
• Public sector and private project developers have committed to building close to 570
gigawatt (Gw) of RE capacity.
• Note: India aims to build 500 Gw of renewable energy by 2030, the ministry has received
commitments worth 570 Gw from the solar power industry.
• Reliance Industries (RIL) led the pack with a commitment of 100 Gw of capacity addition
by 2030.
• It is followed by NTPC with 41.3 Gw and ReNew with 40 Gw of commitment.
• Additionally, ReNew will set up 6 Gw of ingot-wafer, solar cell, and module manufacturing.
SECOND EDITION OF NAVAL COMMANDERS’ CONFERENCE OF 2024 BEGINS IN

NEW DELHI
• Why in the news: The second edition of the Naval Commanders’ Conference of 2024 has
started in New Delhi on 17th September 2024, and concluded on 20th September 2024.
• The Conference is the apex-level biannual event facilitating deliberations on significant
strategic, operational, and administrative issues between the Naval Commanders.
CSIR ORGANISES 5C FOR GLOBAL SUSTAINABLE DEVELOPMENT

• Why in the news: The Council of Scientific and Industrial Research (CSIR) has organised
the "CSIR for Connect, Collaborate, Converge and Convert (5C) for Global Sustainable
Development."
• It is a part of the Science Summit at the 79th United Nations General Assembly 2024
(SSUNGA79).
CSIR, APCTT-UN ESCAP AND WAITRO JOINTLY ORGANIZED CONCLAVE

• Why in the news: CSIR has partnered with APCTT-UN ESCAP (Asian and Pacific Centre for
Transfer of Technology), and WAITRO (World Association of Industrial & Technological
Research) to organize a Conclave on Policy Deliberations for Strengthening South-South
Cooperation.
IFAPA HOSTED THE 4TH INTERNATIONAL FERRO ALLOYS CONFERENCE

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• Why in the news: The Indian Ferroalloys & Producers' Association (IFAPA) hosted the 4th
International Ferro Alloys Conference in New Delhi from 17th Sep -19th Sep 2024.
INDIA'S PARTICIPATION IN IFTM TOP RESA 2024 AT PARIS

• Why in the news: The Ministry of Tourism, Government of India has participated in the
prestigious tourism trade fair IFTM Top Resa 2024, which is being held in Paris, France,
from September 17th to 19th, 2024.
• Inaugurated by: H.E. Mr. Jawed Ashraf, Ambassador of India to France
UNION MINISTER BHUPATHI RAJU SRINIVASA INAUGURATED STEELEX 2024

• Why in the news: Union Minister of State for Steel Bhupathi Raju Srinivasa Varma
inaugurated the two-day conference - Steelex 2024 - under the theme of “Green
Revolution in Steel – Sustainable Innovation”.
• Organized by: The All India Induction Furnace Association (AIIFA) Sustainable Steel
Manufacturers Association
• Location: Mumbai
• The Minister also released a 2024 Souvenir and Handbook on the Indian Steel Sector.
INTERNATIONAL WASH CONFERENCE 2024 CONCLUDES

• Why in the news: The International WASH (Water, Sanitation, and Hygiene) Conference
has been concluded on 19th September 2024, in New Delhi.
• Organized by: Department of Drinking Water and Sanitation (DDWS), Ministry of Jal Shakti
• Theme: Sustaining Rural Water Supply
FSSAI GLOBAL FOOD REGULATORS SUMMIT 2024

• Why in the news: Health Minister Jagat Prakash Nadda inaugurated the Global Food
Regulators Summit in New Delhi on September 20, 2024.
• He also launched two digital platforms i.e. Food Import Rejection Alert portal (FIRA) and
millet recipe show in Doordarshan.
• FIRA serves as an online alert notification platform for the public and relevant food safety
authorities.
• He also released 6th State Food Safety Index 2023-24.
• Mr Nadda also presented awards to best performing states - Kerala (first rank), Tamil Nadu
(2nd position), Jammu and Kashmir (third position).
• Gujarat and Nagaland got special mentions and acknowledgement.
21ST ASIAN-INDIA AND 12TH EAST ASIA SUMMITS HELD IN LAOS

• Why in the news: The 21st ASEAN-India Economic Ministers’ Meeting and the 12th East
Asia Summit Economic Ministers’ Meeting will be held in Laos.
• India's representation: Union Minister of Commerce and Industry, Piyush Goyal
SIF 2024 UNDERSCORES GROWING ECONOMIC TIES BETWEEN INDIA-UAE

• Why in the news: The 7th edition of the Sharjah Investment Forum (SIF 2024) was held
in Sharjah, UAE.

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• The forum saw a significant presence of Indian business leaders and investors, underscoring
the growing economic ties between the UAE and India.
• Session title: CEPA: Unlocking New Horizons for Bilateral Trade and Investment
Committee
GST COUNCIL FORMS GOM TO REVIEW TAX RATE ON HEALTH, LIFE INSURANCE
• Why in the news: During the 54th GST Council meeting, held on September 9, the GST
Council has constituted a 13-member Group of Ministers (GoM) to suggest GST rate on
premiums of various health and life insurance products.
• The report will be submitted by October 30, 2024.
• Convenor of the GoM: Samrat Choudhary (Bihar Deputy Chief Minister)
• Currently, 18 per cent of Goods and Services Tax (GST) is levied on insurance
premiums.
Obituaries
EMINENT ENGLISH TEACHER, TRANSLATOR K. CHELLAPPAN PASSED AWAY
• Why in the news: Eminent English professor K. Chellappan, who won the Sahitya
Akademi award 2020 for his translation of Rabindranath Tagore’s Gora into Tamil,
passed away in Chennai.
JAMES EARL JONES, VOICE OF 'DARTH VADER', 'KING MUFASA', DIES AT 93

• Why in the news: James Earl Jones (American actor), the actor whose rich baritone
provided the voice for "Star Wars" villain Darth Vader, has died at age 93.
• He also voiced King Mufasa in Disney's animated feature "The Lion King," had a prolific
and varied career.
CPI(M) GENERAL SECRETARY SITARAM YECHURY PASSES AWAY

• Why in the news: CPI(M) General Secretary Sitaram Yechury passed away after a prolonged
illness at 72.
• He was elected to the Rajya Sabha for two terms from 2005 to 2017 from West Bengal.
LEADING LEBANESE NOVELIST ELIAS KHOURY DIES

• Why in the news: Elias Khoury, one of Lebanon’s most renowned writers and a fervent
advocate of the Palestinian cause, has died at the age of 76.
SALVATORE SCHILLACI: ITALY WORLD CUP ICON DIES AGED 59

• Why in the news: Salvatore ‘Toto’ Schillaci, Italy's top scorer in the 1990 World Cup and a
national football hero, died at 59.
• Schillaci became an Italian football icon after scoring six goals during the tournament.

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KAVIYOOR PONNAMMA, ‘GOLDEN MOTHER’ OF MALAYALAM CINEMA DIED

• Why in the news: Kaviyoor Ponnamma, known for her portrayal of mother roles in
Malayalam cinema, passed away at 79 in Kochi.
Important Days
WORLD SUICIDE PREVENTION DAY
• Why in the news: World Suicide Prevention Day is being observed on September 10,
annually.
• 2024 theme: Changing the Narrative on Suicide
INDIA TO PARTNER IN EUROPEAN HYDROGEN WEEK 2024

• Why in the news: India will be partnering in the European Hydrogen Week 2024, which will
be held from 18 - 22 November 2024 in Brussels, Belgium.
• It was officially announced on the second day of the International Conference on Green
Hydrogen in New Delhi.
• International Conference on Green Hydrogen (ICGH-2024):
o Organized by:
▪ Ministry of New and Renewable Energy
▪ Office of the Principal Scientific Adviser to the Government of India Ministry
of Petroleum and Natural Gas
▪ Department of Scientific and Industrial Research FICCI is the industry
partner
o The Solar Energy Corporation of India (SECI) and EY are the implementation
and knowledge partners, respectively.
UN OBSERVES INTERNATIONAL DAY OF SOUTH-SOUTH COOPERATION

• Why in the news: The United Nations International Day of South-South Cooperation is
being celebrated on September 12, annually.
• Theme 2024: A better tomorrow through South-South Cooperation
PM MODI REMEMBERS SWAMI VIVEKANAND ON 132ND ANNIVERSARY OF

CHICAGO SPEECH
• Why in the news: The Prime Minister Narendra Modi remembers Swami Vivekanand on
132nd anniversary of Chicago speech, which was delivered in Chicago, USA, on
September 11, 1893 at the first World’s Parliament of Religions.
• Swami Vivekananda was born as Narendra Nath Datta in Calcutta, India, in 1863.
• He was a disciple of the great Indian mystic and philosopher Sri Ramakrishna
Paramahamsa.
NATIONAL FOREST MARTYRS DAY 2024

• Why in the news: National Forest Martyrs Day is observed annually on September 11 in
India.

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• In 2013, the Ministry of Environment, Forest and Climate Change (MoEF&CC),

Government of India (GoI) officially declared 11 September as National Forest Martyrs Day.
WORLD OZONE DAY 2024

• Why in the news: The Ministry of Environment, Forest and Climate Change organised an
event to mark the 30th World Ozone Day (16th September) in New Delhi on 13th
September 2024.
• Theme 2024: Montreal Protocol: Advancing Climate Actions
SWACCHATA HI SEWA ABHIYAN 2024 TO BEGIN FROM SEPT 17

• Why in the news: Swacchata Hi Sewa Abhiyan 2024 will be celebrated from 17th
September to 2nd October across the country.
• Theme 2024: Swabhav Swachhata-Sanskaar Swacchta
• This event marks a significant milestone as the Swachh Bharat Mission celebrates its tenth
anniversary this year.
WORLD PATIENT SAFETY DAY 2024

• Why in the news: World Patient Safety Day is observed on September 17 to raise global
awareness about patient safety and call for solidarity and united action by all countries and
international partners to reduce patient harm.
• 2024 theme: Improving diagnosis for patient safety
• 2024 Slogan: Get it right, make it safe!
INTERNATIONAL DAY OF DEMOCRACY 2024

• Why in the news: International Day of Democracy is celebrated around the world on 15
September each year.
• Focus 2024: Artificial Intelligence as a tool for good governance
WORLD OZONE DAY 2024

• Why in the news: World Ozone Day is observed annually on September 16 to the future for
deeper and faster action under the Montreal Protocol.
• 2024 theme: Montreal Protocol – Advancing Climate Actions
INTERNATIONAL DAY FOR INTERVENTIONAL CARDIOLOGY 2024

• Why in the news: International Day for Interventional Cardiology is observed annually on
16 September to raise public awareness of cardiovascular diseases and procedures, related
complications as well as prevention and care.
INTERNATIONAL DAY OF SCIENCE, TECHNOLOGY AND INNOVATION FOR THE

SOUTH
• Why in the news: International Day of Science, Technology and Innovation for the South
annually on 16 September to bridge the gap between developed and developing countries,
encouraging collaboration and knowledge sharing across borders.

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NATIONAL ENGINEERS’ DAY 2024

• Why in the news: Every year, National Engineers' Day is observed on September 15 to
commemorate the birth anniversary of Sir Mokshagundam Visvesvaraya.
• About Mokshagundam Visvesvaraya:
o He was born in 1861.
o He was an eminent engineer, scholar and statesman.
o He is remembered as the 'Father of Indian Engineering' for his achievements that
revolutionised the field.
8TH INDIA WATER WEEK

• Why in the news: President
Droupadi Murmu inaugurated
the 8th India Water Week at
Bharat Mandapam in New Delhi
on 17th September 2024.
• Organized by: Ministry of Jal
Shakti
• Theme 2024: Partnerships and
Cooperation for Inclusive Water
Development and Management
• It was conceptualized and organized first in 2012.
• Seven editions of events have been organized in 2012, 2013, 2015, 2016, 2017, 2019 and
2022.
• Note: The Department of Drinking Water and Sanitation, Ministry of Jal Shakti, Govt. of
India is organizing the International WASH Conference 2024 from 17-21 September 2024.

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CURRENT AFFAIRS
(1st – 9th September, 2024)
GST collections up 10% to ₹ 1.75

lakh crore in August 2024
• Why in the news: The Ministry of
finance has collected ₹1.75 lakh
crore of goods and services tax
(GST) for August 2024.
• Growth: 10% y-o-y
IFSCA INTRODUCES NEW UNIFIED REGULATORY FRAMEWORK FOR LISTING

SECURITIES IN GIFT CITY
• Why in the news: The International Financial Services Centre Authority (IFSCA) has
issued a new unified regulatory framework for listing securities on stock exchanges in
GIFT City.
• Aim: To allows Indian and foreign issuers to tap offshore investors by listing securities on the
two stock exchanges in GIFT City
• Eligibility:
o Companies must have recorded an operating revenue of at least $20 million in
the previous financial year or averaged that amount over the past three years.
o Additionally, they must have a pre-tax profit of at least $1 million and a
minimum post-issue market capitalization of $25 million.
E SHRAM ACHIEVED OVER 30 CRORE REGISTRATIONS IN 3 YEARS
• Why in the news: eShram has registered more than 30 crore unorganised workers,
showcasing its rapid and widespread adoption among the unorganised workers, since its
launch.
• The Ministry of Labour & Employment (MoLE) launched the eShram portal on 26th
August 2021.
WORLD BANK REVISES INDIA'S FY25 GDP GROWTH FORECAST TO 7%

• Why in the news: The World Bank has raised its growth forecast for India's economy to 7
per cent for the current financial year (FY25), up from an earlier projection of 6.6 per cent.
FINANCE MINISTRY TO SELL 6.78% STAKE IN GIC RE FOR RS 4,700 CRORE

• Why in the news: The Union Ministry of Finance will dilute a 6.78 per cent stake in public-
sector reinsurance company General Insurance Corporation of India (GIC) Re to garner
around Rs 4,700 crore.
• GIC Re Chairman and Managing Director: Ramaswamy Narayanan

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GSTN TO LAUNCH IMS FROM OCT 1 TO FACILITATE TAXPAYERS IN INVOICE

MATCHING
• Why in the news: GST Network will launch the Invoice Management System (IMS) from
October 1 to facilitate taxpayers in matching their records/invoices vis-a-vis issued by
their suppliers for availing the correct Input Tax Credit (ITC).
• In an advisory to Goods and Services Tax (GST) payers, GSTN said to enable taxpayers to
efficiently address invoice corrections/amendments with their suppliers through the portal, a
new communication process called the IMS is being launched.
• IMS will allow the recipient taxpayers to either accept or reject an invoice or to keep it
pending in the system, which can be availed later.
FDI INFLOWS JUMP 47.8% TO $16.17 BN IN APR-JUN ON HEALTHY SERVICES

INFLOW
• Why in the news: According to the government data, foreign direct
investment in India jumped 47.8% to $ 16.17 billion in April-June
2024.
• Healthy inflows: Services, computer, telecom and pharma sectors
• Rise in inflow of FDI (Country): Mauritius, Singapore, the US, the
Netherlands, the UAE, Cayman Islands and Cyprus
• Decline inflows of FDI (Country): Japan, the UK, and Germany
• Maharashtra received the highest inflow of $ 8.48 billion during the
first quarter of this last fiscal, followed by Karnataka ($ 2.28 billion),
Telangana ($ 1.08 billion) and Gujarat ($ 1.02 billion).
• FDI inflows declined in Delhi and Rajasthan compared to the year-ago period.
TELANGANA, TN TOP IN GSDP GROWTH AMONG 10 LARGEST

STATES
• Why in the news: According to the data by the Ministry of Statistics
and Programme Implementation (MoSPI), Telangana, Tamil Nadu and
Rajasthan have recorded the highest growth in real gross state
domestic product (GSDP) in FY24.
• Services sector contributed the highest to GVA of all the large States.
INDIA’S MEDIUM-TERM OUTLOOK EXPECTED TO REMAIN

POSITIVE AMID CHALLENGING EXTERNAL CONDITIONS: WORLD
BANK'
• Why in the news: According to the latest India Development Update: ‘India’s Trade
Opportunities in a Changing Global Context’, released by World Bank, India’s medium-
term outlook is expected to remain positive amid challenging external conditions.
• It will also remain strong in 2025-26 and 2026-27.
• The debt-to-GDP ratio is projected to decline from 83.9% in FY 2023-24 to 82% by 2026-
27.
• The current account deficit is expected to remain at around 1 to 1.6% of GDP up to
FY2026-27.
EPS NEW RULES FROM JANUARY 1, 2025

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• Why in the news: Union Minister of Labour and Employment, Dr. Mansukh Mandaviya
has approved the proposal for a Centralized Pension Payment System (CPPS) for
Employees’ Pension Scheme, 1995.
• Effective from: January 1, 2025
• This facility will be launched as part of EPFO’s ongoing IT modernization project Centralized
IT Enabled System (CITES 2.01).
• In the next phase, CPPS will enable a smooth transition to Aadhaar-based payment system
(ABPS).
• The CPPS marks a major shift by establishing national-level centralized system, enabling
pension disbursement through any bank, any branch across India.
VIRAT KOHLI TOP TAXPAYER AMONG SPORTS STARS

• Why in the news: Cricketer Virat Kohli was the top taxpayer among Indian sports
personalities for the previous financial year, which concluded on March 31, 2024 (FY24).
• According to data shared by Fortune India magazine, Kohli paid Rs 66 crore in taxes for the
financial year.
• List of the highest tax-paying Indian celebrities:
o Shah Rukh Khan leads with ₹92 crore.
o 'Thalapathy' Vijay follows with ₹80 crore.
o Salman Khan comes next with ₹75 crore.
o Amitabh Bachchan pays ₹71 crore.
o Virat Kohli contributes ₹66 crore.
o Ajay Devgn's tax stands at ₹42 crore.
CIAL POSTS 54% RISE IN PAT, TURNOVER CROSSES ₹1,000 CRORE

• Why in the news: The Cochin International Airport Limited (CIAL) has reported achieving
a total income of ₹1,014.21 crore for 2023-24, up from ₹770.91 crore last year (2023), a
growth of 31.6% during the previous financial year.
• The airport operator’s profit before tax went up to ₹552.37 crore from ₹357.30 crore, an
increase of 54.6%.
• Additionally, the net profit after tax touched ₹412.58 crore, from ₹267.17 crore in the
previous year, indicating robust growth of more than 50%.
TO BOOST CAPEX, FINMIN RELAXES NORMS FOR EXPENDITURE EXCEEDING RS

500 CR
• Why in the news: The finance ministry has relaxed norms for expenditure exceeding Rs
500 crore to accelerate capex (capital expenditure) that is pegged at Rs 11.11 trillion for
the current fiscal.
• All expenditures should be in compliance of the guidelines of the Single Nodal Agency
(SNA)/Central Nodal Agency (CNA) and Monthly Expenditure Plan (MEP) and Quarterly
Expenditure Plan (QEP) ceiling prepared by ministries for both scheme and non-scheme
expenditure.

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INDIA OVERTAKES CHINA IN MORGAN STANLEY

EMERGING MARKETS INVESTABLE MARKET
INDEX
• Why in the news: India has overtaken China in
terms of its weightage in the Morgan Stanley Capital
International (MSCI) Emerging Markets Investable
Market Index during September 2024.
• The weightage of India stood at 22.27 per cent as
compared to 21.58 per cent of China in the index.

SEBI FOR OVERHAUL OF TRACKING HOUSEHOLD SAVINGS VIA MARKET
• Why in the news: The Securities and Exchange Board of India (SEBI) has come out with a
working paper proposing a change in methodology for computing household savings
through the Indian securities market.
• The financial assets of households as per the current RBI data for the financial year 2022-
23 is ₹23.67 lakh crore.
• Under the proposed methodology, this figure jumps to ₹83.83 lakh crore, which is a
difference of ₹60.15 lakh crore.
• The Reserve Bank of India (RBI) and the Ministry of Statistics and Programme
Implementation publish data on household savings generated through various segments.
• One of the constituents is investments of households through the securities market.
• To arrive at the households’ investments, RBI imputes 35 per cent of the primary market
issuance in equity and 40 per cent of public issuance of debt as being mobilised from
individuals and HUFs.
• For arriving at the asset value of the households, only the assets under management (AUM)
in mutual funds by high-networth individuals and retail investors are considered.
Banking News
MASTERCARD AND BOAT BRING TAP-AND-PAY TO WEARABLES
• Why in the news: Mastercard and boAt have inked a pact to enable contactless payments
on boAt's payment-enabled smartwatches.
• This collaboration will allow Mastercard cardholders to make convenient and secure
transactions using their wearable devices.
INDIA POST PAYMENTS BANK CELEBRATES 7TH FOUNDATION DAY

• Why in the news: India Post Payments Bank (IPPB) has celebrated its 7th Foundation Day
(IPPB Day) on September 1, 2024.
o Launched in: 2018
o Launched by: PM Narendra Modi
o Established under: Department of Posts, Ministry of Communication
o Government equity: 100% equity owned by Government of India

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PEOPLE IN QUEER RELATIONSHIPS CAN OPEN JOINT BANK ACCOUNTS,

NOMINATE THEIR PARTNERS
• Why in the news: The Central government (Ministry of Finance) has clarified that there are
no restrictions for persons of the LGBTQIA+ community to open joint bank accounts or
nominate their queer partner as a nominee for an account.
• In 2015, the RBI had already directed banks to include a separate column for 'third
gender' in their forms and applications, enabling transgender persons to open bank accounts
and access related services.
ESAF SMALL FINANCE BANK TO EXPAND DABBA SAVINGS ACCOUNTS CAMPAIGN

• Why in the news: Esaf Small Finance Bank is planning to expand its newly introduced
Dabba Savings Accounts campaign across the country.
• Aim: To promote financial inclusion as part of the UN Sustainable Development Goals and
the government’s push to bring the unbanked into the formal banking fold.
• The Dabba Savings Account Campaign won bronze in the Sustainable Development
Goals category at the Cannes Lions International Festival of Creativity recently.
FUTURE GENERALI INDIA ROLLS OUT GENAI-ENABLED WHATSAPP CHATBOT

• Why in the news: Future Generali India Insurance (FGII) has launched its GenAI-enabled
Chatbot ‘LEO’ on WhatsApp to enhance customer experience.
• It is built with advanced automation, artificial intelligence, and natural language
processing (NLP).
• The LEO chatbot will offer personalised and real-time assistance throughout the entire policy
cycle, providing an engaging and superior experience for customers.
BOI LAUNCHES 333-DAY STAR DHAN VRIDDHI FD

• Why in the news: Bank of India (BOI) has launched a fixed deposit scheme called ‘Star
Dhan Vriddhi Fixed Deposit'.
• Tenure: 333 days
• Effective days: September 1, 2024
• Interest rate:
o Super senior citizen: 7.90% p.a.
o Senior citizens: 7.75% p.a.
o General public: 7.25% p.a.
UPI SURPASSES 3,700 TRANSACTIONS PER SECOND, UP 58% ON YEAR: REPORT

• Why in the news: According to the data analysed by global payments hub Paysecure, Unified
Payments Interface (UPI) has emerged as the world's most popular alternative payment
method, with 3729.1 transactions per second in 2023.
• This is a 58% increase over the 2,348 transactions every second in 2022.
• Alternative Payment Methods that recorded more than one-thousand transactions per
second in 2023:
o Unified Payments Interface (India): 3,729.1
o Skrill (100+ countries): 1,553.8
o Pix (Brazil): 1,331.8

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o Alipay (China): 1,157.4
AU SMALL FINANCE BANK APPLIES TO RBI TO TRANSITION TO A UNIVERSAL

BANK
• Why in the news: AU Small Finance Bank submitted an application to the Reserve Bank of
India (RBI) to seek approval for the voluntary transition from a Small Finance Bank (SFB)
to a Universal Bank.
• RBI guidelines:
o Minimum net worth of ₹1,000 crore as at the end of the previous quarter
(audited)
o The shares of the bank should have been listed on a recognised stock exchange
o It should also have a net profit in the last two financial years and GNPA (gross
non-performing assets) and NNPA (net non-performing assets) of less than or
equal to 3% and 1%, respectively, in the last two financial years.
o Other conditions include a prescribed CRAR (capital-to-risk weighted assets
ratio) requirement and a satisfactory track record of performance for a minimum
period of five years.
STAR HEALTH LAUNCHES INSURANCE POLICY IN BRAILLE

• Why in the news: Star Health and Allied Insurance Co. Ltd (Star Health Insurance) has
launched a policy in Braille, named 'Special Care Gold'.
• It is specifically designed for individuals with 40 per cent or more disability.
• It offers comprehensive protection tailored to meet the unique needs of persons with
disabilities (PWD), including those with physical, sensory, or cognitive impairments.
POP LAUNCHES INDIA’S FIRST MULTI-BRAND CO-BRANDED CARD WITH RUPAY &
YES BANK
• Why in the news: POP has introduced India’s first multi-brand co-branded credit card
developed in collaboration with RuPay and Yes Bank.
• Name of card: YEB BANK POP-CLUB RuPay credit card
• The credit card was launched at the Global Fintech Festival (GFF).
ASHOK LEYLAND PARTNERS WITH BANDHAN BANK TO PROVIDE VEHICLE

FINANCE
• Why in the news: Ashok Leyland partnered with Bandhan Bank to provide vehicle
financing solutions to its customers.
• Under this partnership, Bandhan Bank will be able to provide end to end financial
solutions to the customers of Ashok Leyland.
KOTAK GENERAL INSURANCE REBRANDS AS ZURICH KOTAK GENERAL

INSURANCE
• Why in the news: Kotak General Insurance has rebranded itself as Zurich Kotak General
Insurance following Zurich Insurance Group’s acquisition of a majority stake.

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• Note: Zurich Insurance Group has acquired 70% of Kotak General Insurance, becoming
the first foreign insurer to enter India since the FDI rules were amended to allow up to 74%
foreign ownership in 2021.
FINTECH PAYSHARP RECEIVED RBI'S AS A PAYMENT AGGREGATOR (PA)

• Why in the news: Paysharp, an emerging startup from Tamil Nadu, has received an
approval from the Reserve Bank of India (RBI) as a payment aggregator (PA).
• It has received RBI final authorisation followed by the in-principal PA license on December
2022.
PAYGLOCAL GETS RBI NOD AS ONLINE PAYMENT AGGREGATOR

• Why in the news: PayGlocal has received final authorisation from RBI to operate as an
online payment aggregator.
• The company will offer a comprehensive suite of payment solutions that cater to a diverse
range of businesses, ensuring seamless, secure and efficient transaction processing along
with ensuring a hassle-free payment experience for the end customers.
MAX LIFE ENTERS INTO BANCASSURANCE PARTNERSHIP WITH CSB BANK

• Why in the news: Max Life Insurance Company Ltd (Max Life) has entered into a
bancassurance partnership with CSB Bank (CSB) to offer a range of savings, protection,
retirement, and group life insurance plans to CSB customers.
• Bancassurance: It is an insurance distribution model where insurance companies partner
with banks to sell policies.
ADB TO DEVOTE HALF OF ITS ANNUAL LENDING TO CLIMATE FINANCE BY 2030

• Why in the news: The Asian Development Bank approved a new goal to devote 50% of its
annual lending to climate finance by 2030.
• ADB also aims to boost private sector capital mobilization as part of a sweeping strategy
update for the rest of the decade.
• The new goal is a big jump from the current 35% ambition and comes with a dollar-based
target of $100 billion in cumulative climate finance between 2019 and 2030, with only $30
billion contributed so far.
AU SMALL FINANCE INKS PACT WITH UNITED INDIA INSURANCE CO FOR

DISTRIBUTION OF INSURANCE PRODUCTS
• Why in the news: AU Small Finance Bank (AU SFB) and state-owned United India
Insurance Company (UIIC) partnered to distribute general insurance solutions to the
bank's customers.
• It includes motor insurance, personal accident insurance, crop insurance, property
insurance, shopkeeper insurance, cyber incident insurance, and more.
ECBS IN FAVOUR AS DOMESTIC BANK LOANS TURNS PRICIER FOR NBFCS

• Why in the news: According to the Reserve Bank of India (RBI) data, External Commercial
Borrowings (ECBs) registrations continued to stay elevated in the first quarter of FY25
with total borrowings of $11.1 billion across 336 deals.

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• Trend (as per the RBI data):

o ECBs have picked up pace in recent quarters as Non-Banking Financial
Companies (NBFCs) face challenges in raising domestic finance and private
capex sees an uptick.
• The Q1 FY24 spike was due to large external borrowings by:
o Reliance Industries ($3.5 billion),
o Reliance Jio ($3.6 billion)
o Arcelor Mittal Nippon Steel ($5 billion)
• What is ECB?
o ECB refers to External Commercial Borrowings (ECB).
o They are commercial loans used by eligible resident entities who raise ECBs from
recognised non-resident entities.
o ECBs should adhere to the criteria like minimum maturity period, maximum all-
in-cost ceiling, permitted and non-permitted end-uses, etc.
o ECBs are governed by the Foreign Exchange Management Act (FEMA).
o An ECB is possible only after getting a Loan Registration Number (LRN) from
the Reserve Bank.
o Routes for ECB:
▪ ECBs can be raised under the automatic route as well as the approval
route.
▪ Automatic Route:
• The AD Category-I Bank examines the case and gives the approval.
• Post approval by AD Category-I Bank, the application along with Form
ECB is sent to RBI for issuance of LRN.
▪ Approval Route:
• Prospective borrowers send in their requests to the RBI through their
AD Category-I Banks for examination.
• Such cases are considered based on macroeconomic situation and
merits of the specific proposals, keeping in view the overall guidelines.
DICGC INTRODUCES DAAVA SOOCHAK FOR DEPOSITORS TO TRACK CLAIM

STATUS
• Why in the news: The Deposit Insurance and Credit Guarantee Corporation (DICGC) has
launched an online tool Daava Soochak for depositors to track their claim status.
• Daava Soochak:
o It is a user-friendly online tool.
o It is a part of DICGC's ongoing commitment to improving the services provided for
depositors.
o Process: Depositors can now track the status of their claims by entering their
mobile number (registered with their bank) on the DICGC website
o The corporation ensures that all categories of deposits with banks except
institutional deposits.
• The deposit insurance coverage limit has been enhanced six times since 1962, from Rs
1,500 per depositor to Rs 5,00,000 (February 04, 2020).
• Present status (as of 9th September 2024):
o Deposits fully protected under DICGC: 97.8 per cent
o Of the remaining 2.2% of accounts, deposits are insured up to the limit of Rs 5
lakh.
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• Note: In the case of liquidated banks and banks under the Reserve Bank's All-Inclusive
Directions (AIDs), the DICGC settled claims amounting to Rs 1,432 crore during 2023-24.
• Deposit Insurance and Credit Guarantee Corporation (DICGC):
o Deposit Insurance Corporation (DIC) was the wholly owned subsidiary of RBI,
established on January 1, 1962.
o Later, it was merged with the Credit Guarantee Corporation of India.
o Then, it was renamed as Deposit Insurance and Credit Guarantee Corporation
(DICGC) on July 15, 1978.
o Governed by: DICGC Act, 1961 and DICGC General Regulations, 1961, framed by
the RBI
o It is the second oldest deposit insurer in the world, after the Federal Deposit
Insurance Corporation (FDIC), USA (16 June 1933).
o The number of insured banks increased from 276 at end-December 1962 to 1997
at end-March 2024.
▪ Note: As on September 05, 2024, the number of insured banks has been
decreased to 1990.
o Rate of insurance premium by DICGC: 12 paise per ₹100 of assessable deposits
per annum from April 1, 2020.
o Types of Deposits Covered
▪ DICGC insures all bank deposits, such as saving, fixed, current,
recurring, etc. except the following types of deposits.
• Deposits of foreign Governments;
• Deposits of Central/State Governments;
• Inter-bank deposits
• Deposits of the State Land Development Banks with the State co-
operative banks;
• Any amount due on account of and deposit received outside India
• Any amount which has been specifically exempted by the corporation
with the previous approval of the RBI.
AU SMALL FINANCE INKS PACT WITH UNITED INDIA INSURANCE CO FOR

DISTRIBUTION OF INSURANCE PRODUCTS
• Why in the news: AU Small Finance Bank (AU SFB) and state-owned United India
Insurance Company (UIIC) partnered to distribute general insurance solutions to the
bank's customers.
• It includes motor insurance, personal accident insurance, crop insurance, property
insurance, shopkeeper insurance, cyber incident insurance, and more.
• AU Small Finance CEO: Sanjay Agarwal
• United India Insurance Chairman: Bhupesh Sushil Rahul
RBL BANK LAUNCHES FUEL CREDIT CARD WITH IOCL

• Why in the news: RBL Bank has launched 'Xtra Credit Card', a co-branded fuel credit cards,
in collaboration with Indian Oil Corporation (IOCL).
• Offer: This partnership offers up to 8.5% savings on fuel purchases to its customers who can
earn 15 fuel points for every ₹100 spent, which will be capped at 2,000 points per month.
• Other co-branded fuel credit cards:

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o First Power: IDFC First Power + credit card with Hindustan Petroleum which offers
5% in savings
o BPCL SBI Card OCTANE: SBI card with Bharat Petroleum which offers 6.25% in
savings.
• RBL Bank:
o Chairman: Chandan Sinha
o MD & CEO: R Subramaniakumar
o HQ: Mumbai
National
GOVT TO EXTEND SOCIAL SECURITY TO GIG WORKERS THROUGH E-SHRAM
• Why in the news: The government is actively exploring various avenues to ensure gig and
platform workers are covered under social security.
• The registration of the workers will be undertaken on the eShram, that facilitate the
implementation of social security measures.
• Gig workers:
o Someone who takes on short-term or project-based jobs, often for multiple clients
at once, rather than being employed by a single company.
• Note: According to the 2022 report of NITI Aayog, the Indian gig workforce is expected to
expand to 23.5 million workers by 2029-30
• Labour and Employment Minister Dr. Mansukh Mandaviya
WWF INDIA'S VULTURE ESTIMATION PROGRAM 2024

• Why in the news: WWF-India has launched an initiative that involves counting of vultures
and raising awareness on the critically endangered bird species.
• The drive will commence on September 7 and will conclude by October 6.
• The launch of the initiative coincides with International Vulture Awareness Day
(September 7th).
• Focus on several key vulture species:
o White-rumped Vulture
o Red-headed Vulture
o Indian Vulture
o Bearded Vulture
o Slender-billed Vulture
o Himalayan Griffon
o Eurasian Griffon
o Egyptian Vulture
o Cinereous Vulture
CBDT ROLLS OUT DISPUTE RESOLUTION SCHEME (E-DRS), 2022, TO MINIMISE

LITIGATION
• Why in the news: In pursuance of section 245MA in the Income-tax Act, 1961, the Central
Board of Direct Taxes (CBDT) had notified the e-Dispute Resolution Scheme, 2022 (e-DRS)
to reduce litigation and provide relief to eligible taxpayers.
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• Section 245MA of the Act also provides for the constitution of Dispute Resolution
Committees (DRC).
• The e-DRS enables the taxpayer to file an application electronically for dispute resolution to
the DRC designated for the region of Principal Chief Commissioner of Income-tax
having jurisdiction over the taxpayer.
• As per e-DRS, a taxpayer can opt for e-Dispute Resolution against the ‘specified order’ as
defined in clause (b) of the Explanation to section 245MA of the Act, which includes an
order in which the aggregate sum of variations proposed or made does not exceed Rs.10
lakh and returned income for the relevant assessment year does not exceed Rs. 50
lakh.
• The application for e-DRS is to be filed in Form No. 34BC referred in rule 44DAB of the
Rules, on the e-filing portal of the Income Tax Department, within one month from the
date of receipt of specified order.
S&T MINISTER DR. JITENDRA SINGH FORMALLY RELEASES NEW BIOE3 POLICY
• Why in the news: Union Minister of State (I/C) Science & Technology, Dr. Jitendra Singh has
formally released new BioE3 policy.
• Aim of policy: Fostering High Performance Biomanufacturing aligned with National
initiatives of the government of India such as ‘Net Zero’ carbon economy and Mission LiFE
(Lifestyle for environment).
• Six thematic themes:
o 1. Bio-based chemicals and enzymes;
o 2. Functional foods and Smart proteins;
o 3. Precision biotherapeutics;
o 4. Climate resilient agriculture;
o 5. Carbon capture and its utilisation;
o 6. Futuristic marine and space research
• Note: India's bio economy skyrocketed from $10 billion in 2014 to over $130 billion in 2024,
with projections to reach $300 billion by 2030.
MINISTRY OF PANCHAYATI RAJ, IIM BODH GAYA, ORGANIZED 5-DAY

MANAGEMENT DEVELOPMENT PROGRAM
• Why in the news: The Ministry of Panchayati Raj, in collaboration with the Indian
Institute of Management Bodh Gaya (IIM BG) has organized a transformative 5-day
residential Management Development Programme (MDP) from 2nd September to 6th
September, 2024.
• Aim: To enhance the leadership, management and governance skills of the Elected
Representatives and Functionaries of Panchayati Raj Institutions.
CABINET APPROVES SEVEN MAJOR SCHEMES FOR IMPROVING FARMERS’ LIVES

AND LIVELIHOODS
• Why in the news: The Union Cabinet chaired by Prime Minister, Narendra Modi, approved
seven schemes to improve farmers’ lives and increase their incomes.
• Total Outlay: Rs 14,235.30 Crore
• Seven schemes are:

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Name of scheme Outlay Description

Digital Agriculture Mission Rs 2,817 It comprises three pillars:
crores 1. Agri Stack (Farmers registry, Village land
(Central share maps registry, and Crop Sown Registry)
of Rs. 1940 2. Krishi Decision Support System
Crore) (Geospatial data, Drought/flood
monitoring, Weather/satellite data,
Groundwater/water availability data,
Modelling for crop yield and insurance)
3. Soil Profile Mapping
Crop science for food and Rs 3,979 crore It has following pillars:
nutritional security 1. Research and education
2. Plant genetic resource management
3. Genetic improvement for food and fodder
crop
4. Pulse and oilseed crop improvement
5. Improvement of commercial crops
6. Research on insects, microbes, pollinators
etc.
Strengthening Agricultural Rs 2,291 Measure will prepare agriculture students and
Education, Management and Crore researchers for current challenge
Social Sciences
Sustainable livestock health Rs 1,702 crore To Increase farmers income from livestock and
and production dairy
Sustainable development of Rs 1129.30 Increasing farmers’ income from horticulture
Horticulture crore plants
Strengthening of Krishi Rs 1,202 crore
Vigyan Kendra
Natural Resource Rs 1,115 crore
Management
Total Rs 14,235.30
Crore
UN RELEASES $100 MILLION FOR HUMANITARIAN EMERGENCIES IN 10

COUNTRIES
• Why in the news: The United Nations released $100 million for humanitarian
emergencies in 10 countries in Africa, the Middle East, Asia and the Caribbean.
• More than a third of the funds will support aid efforts in Yemen ($20 million) and Ethiopia
($15 million), where desperate civilians are grappling with the combined impact of hunger,
displacement, diseases and climate disasters.
• Allocations are also included for operations in conflict and climate-affected countries,
including Myanmar ($12 million), Mali ($11 million), Burkina Faso ($10 million), Haiti
($9 million), Cameroon ($7 million) and Mozambique ($7 million).
• Countries responding to El Niño-induced drought and flooding, such as Burundi ($5 million)
and Malawi ($4 million), will also receive additional funds, a portion of which will promote
climate-smart humanitarian action.

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CABINET APPROVES A 309 KM LONG NEW

LINE PROJECT
• Why in the news: The cabinet approved new
railway line project under Ministry of
Railways.
• Total cost: Rs. 18,036 crores (approx.)
• Proposal: New line between Indore (MP) and
Manmad (Maharashtra)
• Reason: To provide direct connectivity and
improve mobility, providing enhanced efficiency
and service reliability for Indian Railways
• Total length: 309 Km
• Project covers 6 Districts in 2 States:
Maharashtra and Madhya Pradesh
• Total station: 30
CABINET APPROVES SEMICONDUCTOR UNIT UNDER INDIA SEMICONDUCTOR

MISSION (ISM)
• Why in the news: The union cabinet approved the proposal of Kaynes Semicon Pvt Ltd to
setup a semiconductor unit in Sanand, Gujarat.
• The capacity of this unit will be 60 Lakh chips per day.
• Investment of: Rs 3,300 crore
• Aim: To cater a wide variety of applications which include segments such as industrial,
automotive, electric vehicles, consumer electronics, telecom, mobile phones, etc.
• Note:
o Programme for Development of Semiconductors and Display Manufacturing
Ecosystem in India
▪ Total Outlay: Rs. 76,000 crore
▪ In 2023, the first proposal for setting up a semiconductor unit in Sanand,
Gujarat.
▪ In February, 2024, three more semiconductor units were approved i.e.
• Tata Electronics is setting up a semiconductor fab in Dholera,
Gujarat and one semiconductor unit in Morigaon, Assam.
• CG Power is setting up one semiconductor unit in Sanand, Gujarat
IEPFA UPGRADES CALL CENTRE AND IVRS SUPPORT WITH NEW TOLL-FREE
NUMBER
• Why in the news: The Investor Education and Protection Fund Authority (IEPFA), under
the aegis of the Ministry of Corporate Affairs (MCA) launched a new five-digit toll-free
number i.e. 14453.
• Aim: To enhance claimant support services
• Replaced: Old toll-free number i.e. 1800 114 667
• IVRS will be available 24/7 to ensure that assistance is always accessible.
• About IEPFA:
o Established on: September 7, 2016

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o IEPFA is responsible for managing the Investor Education and Protection Fund,
which focuses on safeguarding investor interests by facilitating the refund of
shares, unclaimed dividends, and matured deposits/debentures.
CABINET APPROVES PROCUREMENT OF 240 AERO-ENGINES FOR IAF’S SU-30

MKI AIRCRAFT
• Why in the news: The cabinet approved the proposal for procurement of 240 aero-engines
(AL-31FP) for Su-30 MKI aircraft of the Indian Air Force (IAF) under Buy (Indian) category
from Hindustan Aeronautics Limited (HAL).
• Cost: Over Rs 26,000 crore inclusive of all taxes and duties.
• The delivery of these aero-engines would start after one year and complete over a period
of eight years.
MINISTRY OF PANCHAYATI RAJ, IIM AMRITSAR CONDUCTING A FIVE-DAY

MANAGEMENT DEVELOPMENT PROGRAMME
• Why in the news: The Ministry of Panchayati Raj has conducted a five-day residential
Management Development Programme (MDP) from 2nd to 6th September 2024, in
partnership with the Indian Institute of Management Amritsar (IIM Amritsar).
• The program involves Elected Representatives and Functionaries of Panchayati Raj
Institutions (PRIs) from across ten States: Arunachal Pradesh, Haryana, Himachal
Pradesh, Jammu and Kashmir (UT), Madhya Pradesh, Punjab, Rajasthan, Tamil Nadu, Uttar
Pradesh, and Uttarakhand.
NIFT IN COLLABORATION WITH MINISTRY OF TEXTILES ORGANISES CHHAAP

EVENT
• Why in the news: A 14-day-long event, CHHAAP, organised by the National Institute of
Fashion Technology (NIFT) in collaboration with the Ministry of Textiles, began at Delhi
Haat on 2nd September 2024.+
AIR INDIA ROLLS OUT 'AEYE VISION' ON MOBILE APP

• Why in the news: Air India has introduced a new feature called ‘AEYE Vision’ on its
mobile app to make travel easier by providing real-time trip updates through a quick scan.
• With AEYE Vision, passengers can access flight details, boarding passes, baggage status, and
even meal options by simply scanning a code on their ticket, boarding pass, or baggage tag.
PRESIDENT DROUPADI MURMU TO INAUGURATE VISHWASHANTI BUDDHA

VIHARA IN MAHARASHTRA
• Why in the news: President Droupadi Murmu has inaugurated the Vishwashanti Buddha
Vihara at Udgir in the Latur district of Maharashtra.
MINISTRY OF LABOUR AND EMPLOYMENT PUSHES FOR INCLUSION OF

MARGINALISED WORKERS UNDER PMAY
• Why in the news: The Ministry of Labour & Employment has issued a letter to all State
Governments, urging the inclusion of migrant workers, building workers, beedi workers,

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cine workers, non-coal mine workers, contract labourers, and other unorganised
workers under the Pradhan Mantri Awas Yojana (PMAY).
NEW NOTARY PORTAL LAUNCHED TO MAKE APPOINTMENT OF NOTARIES

• Why in the news: The new Notary Portal (https://notary.gov.in) was launched by Arjun
Ram Meghwal, Ministry of Law & Justice (Independent Charge), at an event organised by
the Department of Law & Justice in New Delhi.
• This portal provides an online interface between the notaries and the Government for
various services like submission of applications for appointment as notaries, issuance and
renewal of Certificates of Practice, change of practice area, submission of annual returns, etc.
UNION AGRICULTURE MINISTER SHIVRAJ SINGH CHOUHAN LAUNCHES

AGRISURE FUND
• Why in the news: Union Minister for Agriculture and Farmers’ Welfare and Rural
Development, Shivraj Singh Chouhan, launched the AgriSURE Scheme.
• AgriSURE:
• Agri Fund for Start-ups & Rural Enterprises
• It is designed to fuel growth and foster innovation in the agricultural and rural start-up
ecosystem.
• Total capital fund: ₹750 crore with SEBI Registered Category II, Alternative Investment
Fund (AIF)
• Managed by: NabVentures, a wholly-owned subsidiary of NABARD.
• Contribution:
Government of India ₹250 crore
NABARD ₹250 crore
Banks, insurance companies, ₹250 crore
and private investors
GENSOL-MATRIX CONSORTIUM WINS ₹164 CRORE BID FOR INDIA’S FIRST BIO-
HYDROGEN PROJECT
• Why in the news: Gensol Engineering Limited in partnership with Matrix Gas &
Renewables Ltd., has secured a contract worth ₹164 crore to develop India’s first Bio-
Hydrogen project.

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• The consortium emerged as the lowest bidder for the engineering, procurement, and
construction (EPC) of the project, which will convert 25 tons of bio-waste into 1 ton of
hydrogen per day.
• Gensol and Matrix have partnered with Westinghouse, USA, to utilize their patented Pre-
Gasification Plasma Induced Radiant Energy-Based Gasification System (GH2-PREGS)
technology for the project.
AGRICULTURE SECTOR UNDERPERFORMS IN MANY LARGE STATES IN FY24

• Why in the news: The recent State GDP estimates as per
MosPI bring forth an interesting trend where the economic
performance of large States is at odds with India’s Real
GDP growth of 8.2 per cent, and relatively smaller States
growing on par or higher than national levels.
DGCA ISSUES SIMPLIFIED NORMS FOR NON-SCHEDULED OPERATORS

• Why in the news: Directorate General of Civil Aviation (DGCA) has issued new
regulations to simplify the airworthiness requirements for light aircraft and non-
scheduled plane operators as part of efforts to reduce compliance burden.
• At present, there are two primary Civil Aviation Requirements (CARs) governing the
continuing airworthiness of aircraft -- CAR-M and CAR-145.
o CAR-M: Continuing airworthiness of all aircraft types, including those used for
scheduled operations, non-scheduled operations, flying training, general aviation,
and private operations.
o CAR-145: Maintenance of aircraft used in commercial operations and complex
motor aircraft.
• These regulations are applicable uniformly across organisations irrespective of size and
for maintenance processes required for commercial as well as private aircraft.

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• In order to put in place a simplified airworthiness requirements for light aircraft and private
plane operators, DGCA has introduced three sets of regulations -- CAR-ML, CAR-CAO and
CAR-CAMO.
• New regulations are aligned with European Union Aviation Safety Agency (EASA).
DIGITISATION OF PACS TO BE COMPLETE BY JAN 2025

• Why in the news: The Ministry of Cooperation will digitize all Primary Agricultural Credit
Societies (PACS) by January 2025.
• The ministry of Cooperation envisages to establish viable cooperatives in every Panchayat
with a focus to develop 2 Lakh new PACS as dairy, and fishery cooperatives within next
five years.
• Recently, Minister of Cooperation Amit Shah revised targets of 20 per cent Ethanol
blending in petroleum and diesel to 2025-26 from 2030.
IIT MADRAS, NATIONAL DEFENCE COLLEGE JOINTLY LAUNCH EXECUTIVE MBA

IN ‘STRATEGIC LEADERSHIP & PUBLIC POLICY’
• Why in the news: The Indian Institute of Technology, Madras (IIT M) partnered with the
National Defence College (NDC) to offer an Executive MBA Programme in ‘Strategic
Leadership and Public Policy’.
• It will be for a 48-week duration with lecture-based courses and practical modules including
a thesis.
NEW MILESTONE AS NPS ASSETS SURGE PAST ₹13 LAKH CRORE

• Why in the news: According to the Pension Fund Regulatory and Development Authority
(PFRDA), the overall National Pension System (NPS) assets grew nearly 30% year-on-
year, as of August 31, to touch ₹13.06 lakh crore.
• Reason: Aided by strong show in the private sector
• The number of subscribers in private sector as of August 31, 2024: 58.71 lakh (20% rise
y-o-y)
• Private sector assets (non-government sector): 41.68% growth y-o-y (₹2.62 lakh crore)
• Atal Pension Yojana (APY) assets: ₹39,959.35 crore (up 32.20% y-o-y basis)
RELIANCE INDUSTRIES WINS 10 GWH ACC CAPACITY UNDER PLI SCHEME

• Why in the news: The Ministry of Heavy Industries has given the project of 10 GWh ACC
capacity under Production Linked Incentive (PLI) scheme based on QCBS mechanism to
Reliance Industries Limited.
• Aim: To enhance domestic manufacturing capacity, reducing import dependence, and
positioning India as a global leader in ACC battery manufacturing.
• Maximum budgetary outlay: Rs.3,620 crores
• Note: In May 2021, the Cabinet had approved the technology agnostic PLI Scheme on
'National Programme on Advanced Chemistry Cell (ACC) Battery Storage’ for achieving
manufacturing capacity of Fifty (50) Giga Watt hours (GWh) of ACC with an outlay of
Rs.18,100 Crore.
INDIA GRAPHENE ENGINEERING AND INNOVATION CENTRE (IGEIC) LAUNCHED

BY MEITY
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• Why in the news: The Ministry of Electronics and Information Technology (MeitY) has
officially launched the India Graphene Engineering and Innovation Centre (IGEIC), a key
initiative under the vision of Viksit Bharat@2047.
• During the launch, S. Krishnan, Secretary, MeitY launched the Vishvasya-Blockchain
Technology Stack to offer Blockchain-as-a-Service with a geographically distributed
infrastructure designed to support various permissioned Blockchain based applications.
• He also unveiled the NBFLite-Lightweight Blockchain Platform, Praamaanik - an innovative
blockchain-enabled solution for verifying mobile app origin and National Blockchain Portal.
RELIANCE GET 10 GWH ACC CAPACITY

• Why in the news: The Ministry of Heavy Industries has awarded Reliance Industries Ltd a
10 GWh (gigawatt hour) capacity for Advanced Chemistry Cell (ACC) manufacturing under
the Production Linked Incentive (PLI) Scheme.
• Allocated budget: Rs 3,620 crore
LAUNCH OF 2ND COHORT OF SAMRIDH

• Why in the news: The second cohort Startup Accelerators of MeitY for Product Innovation,
Development and Growth (SAMRIDH) was launched by Secretary, MeitY S. Krishnan, on 4th
September, 2024.
• It is a part of the 100-day agenda of the Government of India to select and support 125
startups through potential accelerators so as to achieve the target of nurturing 300
startups.
• In the first cohort of SAMRIDH, 22 accelerators from 12 States were selected through open
calls for proposals.
• About SAMRIDH:
o Launched in: 2021
o Flagship scheme of: Ministry of Electronics & IT (Meity)
o Agenda: Startups acceleration under National Policy on Software Products – 2019
o Aim: To support 300 software product startups with outlay of ₹99 crore over a period
of 4 years
o Implemented by: MeitY Start-up Hub (MSH), Digital India Corporation (DIC)
LAUNCH OF INDIA’S FIRST FASHION FORECASTING INITIATIVE ‘VISIONXT’

• Why in the news: Union Minister of Textiles, Giriraj Singh launched the ‘VisioNxt Fashion
Forecasting Initiative’ of National Institute of Fashion Technology (NIFT), a bilingual
web portal.
• Besides, the India-specific Fashion Trend Book ‘Paridhi 24x25’ was also launched.
• VisioNxt was conceived and established at NIFT Delhi (Creative Lab) and NIFT Chennai
(Insights Lab), with the support of the Ministry of Textiles, Government of India, in 2018.
COAL MINISTRY ISSUES ALLOCATION ORDERS FOR 3 COMMERCIAL COAL MINES

• Why in the news: The Ministry of Coal issued Allocation Orders for 3 Coal Mines namely
Machhakata (Revised), Kudanali Lubri and Sakhigopal-B Kakurhi, to NLC India Limited,
Gujarat Mineral Development Corporation Limited and TANGEDCO respectively.
• Of these three coal mines, one is fully explored coal mine and two are partially explored
coal mines.

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PM MODI VIRTUALLY ADDRESSES FIRST INTERNATIONAL SOLAR FESTIVAL

• Why in the news: The Prime Minister of India, Narendra Modi, virtually addressed the first
International Solar Festival, which is being held in New Delhi.
• He also informed that India’s solar energy capacity has increased 32-fold in the last 10
years, and this speed and scale will help the country achieve 500-gigawatt non-fossil
capacity by 2030.
• International Solar Alliance (ISA):
o Aim: To improve energy access and security worldwide and promotes solar power
as a sustainable pathway to transition to a carbon-neutral future.
PM NARENDRA MODI LAUNCHES JAL SANCHAY JAN BHAGIDARI INITIATIVE IN

GUJARAT
• Why in the news: PM Narendra Modi has launched Water Conservation Initiative, ‘Jal
sanchay Jan Bhagidari’ in Surat, Gujarat, through video conferencing.
• The initiative aligns with the ongoing "Jal Shakti Abhiyan: Catch the Rain" campaign,
reinforcing Modi's vision of collaborative water management to ensure long-term water
security.
• Union Minister of Jal Shakti CR Patil and Gujarat Chief Minister Bhupendra Patel launched
the state-wide ‘Jal Sanchay Jan Bhagidari’ initiative in Surat.
• The initiative aims to construct approximately 24,800 rainwater harvesting structures
across Gujarat.
• Jal Shakti Abhiyan: Catch the Rain" campaign was begun in 2019.
SWACHH BHARAT MISSION AVERTED 70,000 INFANT DEATHS ANNUALLY: STUDY

• Why in the news: According to the study published in the prestigious
international science journal ‘Nature’, 'Swachh Bharat Mission’ has
helped avert around 60-70 thousand infant deaths annually between
2011 and 2020 in India.
• Researchers from the International Food Policy Research Institute, the
University of California, and Ohio State University conducted a quasi-
experimental study to investigate the association between the Swachh
Bharat Mission and infant and under-five mortality rates in India.
• They studied infant mortality and under-five mortality data from 35
states and 640 districts between 2011 and 2020.
• According to the Union Ministry of Housing and Urban Affairs, the
second phase of the mission is being implemented, focussing on making Indian cities
garbage-free by 2026.
NATIONAL EXIT TEST (NEXT) FOR AYUSH TO BE EFFECTIVE FROM 2021-2022

BATCH
• Why in the news: Union Minister of State for Ayush (Independent Charge) Prataprao Jadhav
announced that the National Exit Test (NExT) for Ayush will be effective from 2021-2022
batch onwards.

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• The decision was taken on the recommendation of the committee setup in this regard to
review the concerns of students in this matter.
• The committee recommends that the NExT will be applied to students enrolled in the
2021-22 academic session under the NCISM and NCH Acts, 2020, removing any
ambiguity in its implementation.
HEALTH MINISTRY APPROVES NEW TREATMENT REGIMEN FOR MULTIDRUG-

RESISTANT TB
• Why in the news: The Union Health
Ministry has approved the introduction of
a new BPaLM regimen for drug-resistant
tuberculosis in India.
• The BPaLM regimen consisting of four
drugs i.e. Bedaquiline, Pretomanid,
Linezolid and Moxifloxacin.
• It is a novel treatment for Multi-Drug-
Resistant Tuberculosis (MDR-TB) under
its National TB Elimination Program
(NTEP).
• It has proven to b1e a safe, more effective
and quicker treatment option than the previous MDR-TB treatment procedure.
• Note: The country aims to get rid of TB by 2025, under the vision of the PM Modi.
DST NIDHI SCHEME LED TO OVER 1,200 TECH-BASED PRODUCTS, 233 PATENTS
• Why in the news: According to the report released by S&T Secretary Abhay Karandikar, a
government initiative to promote knowledge-based and technology-driven innovation
has led to the development of over 1,200 products and prototypes and generated 233 patents.
• The National Initiative for Developing and Harnessing Innovations (NIDHI) of the
Department of Science and Technology has supported 1,074 Entrepreneurs in Residence
(EIR).
• NIDHI launched in 2016, contributed to India's S&T entrepreneurial landscape and played a
crucial role in nurturing technology startups, including a substantial proportion led by
women entrepreneurs.
UNION MINISTER RAMMOHAN NAIDU LAUNCHES DIGIYATRA AT 9 MORE AAI

AIRPORTS
• Why in the news: Union Minister for Civil Aviation, Kinjarapu Rammohan Naidu inaugurated
the Digi Yatra facility for nine airports.
• Launched at: Visakhapatnam International Airport
• Other eight AAI’s airports: Coimbatore, Dabolim, Indore, Bagdogra, Ranchi, Patna, Raipur,
and Bhubaneshwar airports
• Benefit of DigiYatra:
o It simplifies the cumbersome task of managing multiple documents—boarding
passes, ID proofs and luggage tags while navigating the airport crowd.
o The Airport entry time for a passenger has reduced from an average 15 seconds in
manual process to 5 seconds.
• Note:
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• The first Digi Yatra facility at three airports, New Delhi, Varanasi, and Bengaluru, on
December 1, 2022.
• The total number of Digi Yatra-enabled airports will become twenty-four.
CENTRE ALLOCATES ₹1400 CRORE FOR RESEARCH, DEVELOPMENT AND ₹10,000

CRORE FOR PLI IN TECHNICAL TEXTILES SECTOR
• Why in the news: The Central Government has allocated 1,400 Crore Rupees for research
and development and 10,000 Crore Rupees for Production Linked Incentives (PLI) in the
technical textiles sector.
• The government is focusing on advancement in technical textiles.
• There is a surge in demand for technical textiles in sectors like aerospace, defence, hygiene,
agriculture among others.
CENTRE NOTIFIES GALATHEA BAY AS A 'MAJOR PORT'

• Why in the news: The government has designated Galathea Bay in the Andaman & Nicobar
Islands as a 'Major Port'.
• This Rs 44,000 crore project will be developed under a public-private partnership model.
• Aim: To capture transhipped cargo currently handled outside India.
• The first phase is expected to be operational by 2028.
• India currently has 12 operational Major Ports controlled by the central government and
another 200 non-major ones governed by the states.
INDIA STARTS REGISTRATION OF HAND TRANSPLANTATION PATIENTS

• Why in the news: India has set up a registry for the first time for patients requiring hand
transplantation to facilitate the allocation of the donated organ in a transparent manner and
on a priority basis.
• The registration will be accepted in the national registry.
• Maintained by: National Organ and Tissue Transplant Organisation (NOTTO), Health
Ministry.
• Note: India's first-hand transplant was carried out successfully at the Amrita Institute of
Medical Sciences, Kochi, on 13th January 2015.
KERALA, T.N. HOST MOST NUMBER OF BUTTERFLY SPECIES IN WESTERN GHATS

• Why in the news: The Western Ghats are home to 337 butterfly species, with Kerala
hosting the highest (328), followed by Tamil Nadu (326) and Karnataka (317).
• study published in: Bombay Natural History Society
• About Western Ghats:
o UNESCO heritage status: 2012
o Covering States: Kerala, Tamil Nadu, Karnataka, Goa, Maharashtra and Gujarat
o Biosphere Reserves: 2
o National Parks: 13
RESEARCHERS DISCOVER NEW SPECIES OF GENUS CURCUMA IN NAGALAND

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• Why in the news: Researchers has discovered new species of genus Curcuma at
Ungma village in Mokokchung district, Nagaland.
• Family: Zingiberaceae (or ginger family)
• Height: 65-90-cm
• Colour of flower: Yellow flowers
HM AMIT SHAH RELEASES '200 NOT OUT' DOCUMENTARY OF MUMBAI

SAMACHAR
• Why in the news: Union Home Minister and Minister of Cooperation, Amit Shah has released
'200 Not Out' documentary of Mumbai Samachar in Mumbai, Maharashtra.
• About Mumbai Samachar:
o Founded by: Fardunjee Marzban
o Asia's oldest and the world's third oldest active newspaper
o Publishing Language: Gujarati and English
MAHINDRA & MAHINDRA ANNOUNCES ‘E-ZEO’ COMMERCIAL ELECTRIC FOUR-

WHEELER
• Why in the news: Mahindra Last Mile Mobility Limited (MLMML), the electric vehicle arm
of Mahindra & Mahindra, unveiled the name of its upcoming commercial electric four-
wheeler, the ‘e-ZEO (Zero Emission Option).’
• It was announced on World EV Day and will officially launch in October 2024.
MNRE TO LAUNCH GREEN HYDROGEN CERTIFICATION SCHEME

• Why in the news: The Ministry of New and Renewable Energy has unveiled a draft
proposal for India's Green Hydrogen Certification Scheme.
• The Bureau of Energy Efficiency will oversee the accreditation of agencies to monitor and
certify green hydrogen projects.
• This scheme aims to provide guidelines for greenhouse gas emission calculations and
establish a certification procedure.
• According to the World Bank, India has already attracted commitments of $70 billion in
investments in green hydrogen and electrolyser manufacturing.
• Minister of New & Renewable Energy: Pralhad Venkatesh Joshi
State
UP GOVT TO BUILD VEDIC-3D MUSEUM IN VARANASI
• Why in the news: Uttar Pradesh government will construct a Vedic-3D Museum in
Varanasi at the main building of the Sampurnanand Sanskrit University.
• The state-of-the-art museum will be dedicated to Indian astrology, astronomy, and Vedic
literature.
GOVERNOR OF ARUNACHAL PRADESH INAUGURATES 2 DAY NATIONAL SEMINAR

HELD AS MITHUN DAY IN ITANAGAR
• Why in the news: Governor of Arunachal Pradesh Lt. General KT Parnaik (Retd.) inaugurated
the two-day National Seminar on ‘Integrated Mithun Farming for Enhancing Farmers’
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Income in the North Eastern Region of India’, being held as a part of the ‘Mithun Day’
celebration in Itanagar.
• The highest Mithun population is located in Arunachal Pradesh, which stands at 89% of
the total population in the whole world.
CM YOGI ADITYANATH INAUGURATES 3 DAY ARMED FORCES FESTIVAL IN
LUCKNOW
• Why in the news: Three-day Armed Forces Festival unfolded at Surya Khel Parisar in
Lucknow Cantonment with great enthusiasm.
• Inaugurated by: Uttar Pradesh Chief Minister Yogi Adityanath
• The exhibition featuring a magnificent display of the latest military equipment, such as
tanks, helicopters, artillery guns, etc., developed as part of Atmanirbhar Bharat,
showcasing the might of technology-driven Indian Armed Forces.
SAORAS BECOME 5TH PARTICULARLY VULNERABLE TRIBAL GROUP TO GET

HABITAT RIGHTS IN THE STATE
• Why in the news: Saoras tribals of Gajapati district, Odisha have become the fifth tribal
group in the state to get the rights that allow them to protect and preserve natural entities,
sacred sites and places of religious and spiritual importance located within their habitat.
• PVTGs added to the Scheduled Tribes list in Odisha:
o Pauri Bhuyan and Paudi Bhuyan (included as synonyms of Bhuyan Tribe)
o Chuktia Bhunjia (recognized as Bhunjia tribe)
o Bondo community (sub-tribe of Bondo Poraja)
o Mankidia community (synonym of Mankirdia tribe)
• Apart from Odisha, Madhya Pradesh has given habitat rights to Bharia PVTG and
Chhattisgarh government to Kamar and Baiga PVTGs.
CHHATTISGARH SCIENTISTS LAUNCH INDIA'S FIRST COVID SEVERITY

BIOMARKER KIT
• Why in the news: Chhattisgarh scientists have introduced India’s first-ever biomarker
kit, which could transform the way Covid-19 severity is predicted and managed.
• Developed by: Multi-Disciplinary Research Unit (MRU) of Dr Bhimrao Ambedkar Hospital in
Raipur
META PARTNERS WITH TELANGANA GOVT TO ENHANCE E-GOVERNANCE

• Why in the news: Meta partnership with Telangana to foster innovation in the field of
Artificial Intelligence (AI).
• It is a two-year partnership with the Department of Information Technology, Electronics and
Communications (ITE&C), Government of Telangana.
• The partnership will empower public officials and citizens with the latest emerging
technologies like AI to enhance e-governance and citizen services.
UP GOVT TO HOST SEMICON INDIA 2024 AT INDIA EXPO MART

• Why in the news: Uttar Pradesh will host Semicon India 2024 at the India Expo Mart in
Greater Noida from September 11 to 13, 2024.

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• Collaboration with: SEMI, Messe Muenchen India, and the Electronic Industries Association
of India
• Aim: To elevate India’s semiconductor sector and establish the country as a significant global
contender
• Note: This year’s Semicon India Exhibition and Conference will be held alongside Electronica
India and Productronica India, the largest electronics fairs in Southeast Asia.
JHARKHAND GOVT DECIDES TO PROVIDE MEDICAL INSURANCE FOR LAWYERS

IN STATE
• Why in the news: Jharkhand government, led by Hemant Soren, has decided to provide
medical insurance of 5 lakh rupees for lawyers in the state.
• Beneficiary: About 30,000 Jharkhand's lawyers
• Other Jharkhand cabinet approval:
o Increase the pension of advocates aged 65 years and above to 14,000 rupees per
month from 7000.
o Provide a stipend of 5,000 rupees every month to the newly enrolled advocates.
INDIA'S 1ST SILICON CARBIDE MANUFACTURING FACILITY TO BE SET UP IN

ODISHA
• Why in the news: India's first silicon carbide manufacturing facility to be set up at EMC
Park in Info Valley, Bhubaneswar, Odisha at an investment of Rs 620 crore.
• Developed by: RIR Power Electronics Limited
ODISHA CM MOHAN CHARAN MAJHI ‘REPACKAGES’ KALIA SCHEME

• Why in the news: Odisha CM Mohan Charan Majhi launched the CM-Kisan assistance, a
repackaging of KALIA scheme of the previous state government.
• Under the scheme, the government will provide Rs 4,000 annually to small and marginal
farmers in two instalments to be released on the day of Nuakhai and Akshaya Tritiya.
International News
PARIS ZINC ROOFERS SEEK ELUSIVE UNESCO HERITAGE STATUS
• Why in the news: The French culture ministry has chosen the zinc roofers as the entry
for the UNESCO list of Intangible Cultural Heritage of France.
• The roofs and the workers who create and care for them are aiming to enter a select heritage
club to showcase a profession adapting to the challenges of climate change.
PARALYMPIC EQUITY CAMPAIGN

• Why in the news: The World Health Organization (WHO) and International Paralympic
Committee have launched the ‘Equipped for equity’ campaign at the Paris 2024
Paralympic Games (August 28 to September 9, 2024).
• Reason: To showcase the extraordinary talents of athletes with disabilities, besides the
critical role of assistive technology in their achievements.

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BIOCON SUBSIDIARY GETS USFDA NOD FOR GENERIC DRUG FOR CHRONIC
HEART FAILURE
• Why in the news: Biocon Pharma has received approval of its ANDA for
Sacubitril/Valsartan Tablets, in 24 mg/26 mg, 49 mg/51 mg and 97 mg/103 mg strengths,
from the US Food and Drug Administration (USFDA).
• Sacubitril and valsartan combination is used to treat chronic heart failure in adults to help
reduce the risk of death and hospitalisation.
SOUTH KOREA TO CONDUCT OFFENSIVE CYBER DEFENCE OPERATIONS

• Why in the news: South Korea will conduct offensive cyber defence operations to protect
critical national infrastructure from hacking attacks and counter disinformation.
• The National Security Council (NSC) unveiled the National Cybersecurity Basic Plan jointly
drawn up with 14 government agencies, including the spy agency and police.
• The latest plan sets up 100 action tasks meant to expand on the National Cybersecurity
Strategy.
UN AGENCIES IN GAZA LAUNCH CAMPAIGN TO VACCINATE 640,000 CHILDREN

AGAINST POLIO
• Why in the news: UN agencies, UNRWA, in the Gaza Strip have launched an ambitious
campaign to vaccinate 640,000 children against polio.
• The vaccination campaign began in areas of central Gaza.
• During this campaign, war will pause for at least eight hours on three consecutive days.
PM MODI EMBARKS FOR TWO-NATION VISIT TO BRUNEI AND SINGAPORE

• Why in the news: Prime Minister Narendra Modi has embarked on a three-day visit to
Brunei and Singapore on 3rd September 2024 to boost to ties and celebrate diplomatic
milestones.
• Brunei Capital: Bandar Seri Begawan
ABU DHABI CROWN PRINCE INAUGURATES IIT DELHI-ABU DHABI CAMPUS

• Why in the news: Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of
Abu Dhabi has officially inaugurated the Indian Institute of Technology Delhi Abu Dhabi
campus.
• The inaugural batch has 52 students in undergraduate (UG) courses in Computer Science
and Engineering and Energy Engineering.
• Students for the UG programs were selected through the JEE Advanced exam and the
newly introduced Combined Admission Entrance Test (CAET) designed specifically for
international students.
SOUTH AFRICA ANNOUNCES TTOS SCHEME TO BOOST TOURISM FROM INDIA

• Why in the news: South Africa has launched new Trusted Tour Operator Scheme (TTOS)
with an initial focus on the tourist markets of India and China.
• The scheme is set to be implemented from January 2025.
• Aim: To reform the visa system and is expected to increase jobs in the tourism sector.

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• The TTOS will remove the key obstacles standing in the way of South Africa becoming a
favoured tourism destination for the second and fifth largest economies in the world.
PM NARENDRA MODI INAUGURATES NEW CHANCERY OF THE HIGH COMMISSION

OF INDIA IN BRUNEI
• Why in the news: Prime Minister Narendra Modi inaugurated the new Chancery premises
of the High Commission of India in Brunei.
• The historic visit of Prime Minister coincides with the 40th anniversary of establishment of
diplomatic ties between India and Brunei.
TYPHOON YAGI
• Why in the news: China’s National Meteorological Centre (NMC) issued a red alert for
Typhoon Yagi, which is expected to bring strong winds and heavy rain to the country’s
southern regions.
• The China Meteorological Administration has upgraded the emergency response for the
typhoon from level IV to level II.
ISA PARTNERS WITH MIGA TO SET UP TRUST FUND FOR SOLAR PROJECTS
• Why in the news: The Multilateral Investment Guarantee Agency (MIGA), a part of World
Bank Group Guarantees, and the International Solar Alliance (ISA) have set up a multi-
donor trust fund to support and lower the costs of solar power projects globally.
• The MIGA-ISA Solar Facility will initially focus on Sub-Saharan Africa.
• The facility was catalysed by the Indian government and its support for expanding access to
support renewable energy globally.
• The facility will be administered by MIGA, and it will help scale up its guarantee issuances,
mobilising private capital for solar and distributed-energy projects.
• ISA has pledged $10 million for the solar facility, with an initial commitment of $2
million and a target of raising $10 million.
• This is the first programme under the guarantee component of ISA’s Global Solar Facility
(GSF), which aims to raise $200 million for projects in Africa.
PM MODI HOLDS DELEGATION LEVEL TALKS WITH CROWN PRINCE OF ABU

DHABI
• Why in the news: Crown Prince of Abu Dhabi, Sheikh Khaled bin Mohamed bin Zayed Al
Nahyan is on the two-day New Delhi, India and hold talk with Prime Minister Narendra Modi.
• Agenda:
o Discussion on the multifaceted India-UAE relations
o Broaden the comprehensive strategic partnership
o Signing of 5 agreements:
▪ Barakah Nuclear Power Plant Operations
▪ Maintenance between Emirates Nuclear Energy Company and Nuclear
Power Corporation of India Limited
▪ Long-term LNG supply between Abu Dhabi National Oil Company and
Indian Oil Corporation Limited
▪ An MoU was signed between ADNOC and India Strategic Petroleum
Reserve Limited (ISPRL)

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▪ An MoU was signed between Government of Gujarat and Abu Dhabi

Developmental Holding Company PJSC (ADQ) on food parks development
in India
• Note:
o India-UAE trade reached 85 billion dollars in 2022-23, making the UAE India’s
third-largest trading partner for the year 2022-23 after China and the US.
MORGAN STANLEY QUIETLY WALKS AWAY FROM PLASTICS FINANCING GOAL

• Why in the news: Morgan Stanley no longer has an explicit financing goal to tackle
plastic pollution, as the Wall Street bank quietly shelves an earlier target.
• In its latest ESG report, Morgan Stanley omits an earlier pledge to facilitate the prevention,
removal or reduction of 50 million metric tons of plastic waste from the environment by
2030.
OIL-RICH UAE COMPLETES ARAB WORLD’S FIRST

NUCLEAR PLANT
• Why in the news: The United Arab Emirates (UAE) has
successfully completed the Arab world's first nuclear
power plant, the Barakah Nuclear Energy Plant.
• The four-reactor plant will provide 25% of the
electricity required by the hot, desert Gulf state.
• Barakah Nuclear Energy Plant is situated in Al
Dhafra, within the Emirate of Abu Dhabi on the
Arabian Gulf, about 53 km west-southwest of the city of
Ruwais.
• It also contributes to the country’s goal of 50%
renewable energy by 2050.
SINGAPORE TO BEGIN BUILDING CHANGI'S T5

MEGA AIRPORT IN 2025
• Why in the news: Singapore will start construction of a new mega terminal at Changi
Airport in the first half of 2025, aiming to lift the aviation hub's annual passenger handling
capacity by more than half.

HAL, SAFHAL SIGN CONTRACT TO DEVELOP ENGINE FOR HEAVY LIFT
HELICOPTER
• Why in the news: Hindustan Aeronautics Limited (HAL) signed an agreement with SAFHAL
Helicopter Engines Pvt Ltd to develop and produce a new powerplant for its Indian Multi
Role Helicopter (IMRH) programme.
• SAFHAL is an HAL and Safran Helicopter Engines SAS joint venture formalised in
November 2023 to design, develop, produce, sell, and support the new engine.
BISLERI INTERNATIONAL PARTNERS WITH THE GOVERNMENT OF GOA TO

ENHANCE WASTE MANAGEMENT PRACTICES
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• Why in the news: Bisleri International Pvt. Ltd. signed agreement with the Government of
Goa to enhance plastic waste management practices in Mormugao, Vasco.
• Bisleri is committed to fostering sustainable development and environmental stewardship
under its CSR initiative, 'Bottles for Change'.
NATIONAL TEST HOUSE SIGNS MOU WITH BUREAU OF ENERGY EFFICIENCY
• Why in the news: A Memorandum of Understanding was signed between National Test
House (NTH), Department of Consumer Affairs and the Bureau of Energy Efficiency (BEE),
Ministry of Power.
• Reason: To strengthen the Standards & Labelling (S&L) Program, a crucial initiative
designed to promote energy efficiency across the country.
CENTRE, TRIPURA GOVT, NLFT AND ATTF TO SIGN MOU IN NEW DELHI
• Why in the news: Central and Tripura governments, representatives of the National
Liberation Front of Tripura (NLFT) and the All-Tripura Tiger Force (ATTF) signed an MoU
in New Delhi.
• The centre has signed 12 important agreements to bring peace and prosperity in the
Northeast.
CCI GIVES NOD TO GENERAL ATLANTIC TO ACQUIRE ACTIS HOLDINGS

• Why in the news: The Competition Commission of India (CCI) cleared US-based private
equity firm General Atlantic's proposal to acquire a 100% stake in Actis Holdings.
• Actis Holdings is a sustainable infrastructure investor, investing globally in, energy
infrastructure, digital infrastructure, real estate and private equity.
CAG OF INDIA SIGNS MOU WITH U.A.E. ACCOUNTABILITY AUTHORITY

• Why in the news: The Comptroller and Auditor General of India (CAG) has signed a
Memorandum of Understanding (MoU) with the Accountability Authority of the United Arab
Emirates (UAE).
• Objective: To promote and develop cooperation between the two SAIs (Supreme Audit
Institutions) in order to strengthen the respective institution’s professional capacity and
improve methodologies in the field of public sector audit.
• Other areas of cooperation committed through this MoU include the exchange of
knowledge and experiences in the area of public auditing and conducting capacity
development programmes at SAI India or SAI UAE on need basis.
IIM-K, RBIH SIGN PACT TO FOSTER INNOVATION, RESEARCH IN FINTECH

• Why in the news: The Laboratory for Innovation Venturing and Entrepreneurship (IIMK
LIVE) of the Indian Institute of Management Kozhikode (IIM-K) and the Reserve Bank
Innovation Hub (RBIH) have joined forces to revolutionise the FinTech sector in India.
• The two organisations signed a memorandum of understanding (MoU) to drive innovation,
research, and support for start-ups in the financial technology space.
4 MOUS SIGN BETWEEN INDIA AND SINGAPORE

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• Why in the news: During the visit of Prime Minister Narendra Modi to Singapore, two
countries signed 4 MoUs on semiconductors, digital technology, health and skill
development, to elevate their bilateral ties.
NBFCS CASPIAN DEBT AND BLACKSOIL CAPITAL TO MERGE

• Why in the news: Two of India’s leading Non-banking Financial Companies (NBFCs),
BlackSoil Capital and Caspian Impact Investments (Debt) have received unanimous
approval from their respective boards of directors to merge through a share swap.
• After the merger is complete and all regulatory approvals are received, Caspian Debt will be
fully integrated into BlackSoil.
WORLD’S LARGEST LOW-CARBON HYDROGEN FACILITY TO BE BUILT IN TEXAS

• Why in the news: A partnership between Abu Dhabi National Oil Company (ADNOC) and
ExxonMobil was announced to develop the world’s largest low-carbon hydrogen facility,
set to be located in Baytown, Texas.
• ADNOC acquire a 35% equity stake in the ambitious project.
UK-INDIA SIGN NEW INFRASTRUCTURE FINANCING BRIDGE AGREEMENT IN

LONDON
• Why in the news: The United Kingdom and India have officially launched the United
Kingdom-India Infrastructure Financing Bridge (UKIIFB), a new initiative designed to
strengthen their financial and professional services collaboration.
PANCHAYATI RAJ MINISTRY, UNICEF COLLABORATED FOR SOCIAL CHANGE

• Why in the news: Panchayati Raj Ministry and the United Nations Children’s Fund
(UNICEF) have collaborated for strengthening service delivery and engaging communities
for social change.
• This collaboration will help accelerate progress on localised Sustainable Development
Goals.
• It will enable better communication with people and improve the delivery of services to
rural citizens.
• It is committed to using technology to ensure that important government policies reach rural
areas quickly and effectively.
IIT GUWAHATI SIGNS AGREEMENT WITH AIRBUS INDIA TO ESTABLISH GLOBAL

TRAINING CENTER
• Why in the news: In Assam, IIT Guwahati signed a Memorandum of Agreement (MoA) with
Airbus India Private Limited to foster a formal alliance and a shared commitment to
innovation, excellence, and the future of aerospace technology and development of logistics
hub in Assam.
SUZLON BAGS COUNTRY’S BIGGEST ORDER FOR WIND TURBINES FROM NTPC
• Why in the news: Suzlon Energy has bagged an order for wind turbines worth 1,166 MW
from NTPC Green Energy Ltd (NGEL).

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o NGEL is a subsidiary of the public sector energy behemoth, NTPC.

• The project involves installing 370 wind turbine generators in Gujarat.
• Aim: To contribute India's renewable energy goals and enhance Gujarat's leadership in the
sector
• Note: An ambitious target of NGEL is to add 60 GW renewable energy capacity by 2032.
JIO FINANCIAL SERVICES AND BLACKROCK ADVISORS SINGAPORE FORM JV

• Why in the news: Jio Financial Services and BlackRock Advisors Singapore have
incorporated a joint venture (JV) company named Jio BlackRock Investment Advisers.
• Reason: To carry on, inter alia, the primary business of investment advisory services subject
to regulatory approvals.
NIIF GETS CCI'S CLEARANCE TO ACQUIRE ADDITIONAL STAKE IN ATHER

ENERGY
• Why in the news: The Competition Commission of India (CCI) has approved the National
Investment and Infrastructure Fund's (NIIF) proposal to acquire an additional stake in
Ather Energy
• The deal was cleared under the green channel route.
• Note: India-Japan Fund (IJF) is a fund managed by NIIF.
MSDE, SWIGGY TIE UP TO PROVIDE SKILLING, EMPLOYMENT OPPORTUNITIES

• Why in the news: The Ministry of Skill Development and Entrepreneurship and Swiggy
launched an initiative, Swiggy Skills, to provide skilling and employment opportunities
within Swiggy's food delivery and the quick commerce network.
• Under the Swiggy Skills initiative, its delivery partner platform will be integrated with Skill
India Digital Hub (SIDH), providing access to online skill development courses,
certifications, and training modules to Swiggy's workforce.
JIO FINANCIAL FORMS JV WITH BLACKROCK ADVISORS SINGAPORE

• Why in the news: Jio Financial Services and BlackRock Advisors Singapore have formed a
joint venture named Jio BlackRock Investment Advisers Private Limited.
• Jio Financial will invest Rs. 3 crore in the venture.
• The company has received approval to increase foreign investment to 49%.
• This move aims to expand its fintech operations in India.
Defence
DAC APPROVES 10 CAPITAL ACQUISITION PROPOSALS WORTH RS 1.45 LAKH
CRORE
• Why in the news: The Defence Acquisition Council (DAC), under the chairmanship of
Raksha Mantri Rajnath Singh, accorded Acceptance of Necessity (AoN) for 10 capital
acquisition proposals amounting to Rs 1,44,716 crore.

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• Of the total cost of AoNs, 99% is from indigenous sources under Buy (Indian) and Buy
(lndian-Indigenously Designed Developed and Manufactured) categories.
• Approved proposal:
o Future Ready Combat Vehicles,
o Air Defence Fire Control Radars,
o Dornier-228 aircraft,
o Next Generation Fast Patrol
o Offshore Patrol Vessels
IAF SOFTWARE DEVELOPMENT INSTITUTE BENGALURU DESIGNS AND DEPLOYS

SUPER DIMONA AIRCRAFT SIMULATOR FOR NDA
• Why in the news: The Software Development Institute of Indian Air Force in Bengaluru
has designed, developed and deployed a super dimona aircraft simulator for the National
Defence Academy.
• Use: To familiarise the cadets with basic flying aspects along with necessary knowledge of the
flying environment.
INDIAN NAVY AND SOUTH AFRICAN NAVY SIGNS IMPLEMENTING AGREEMENT

• Why in the news: The Indian Navy and the South African Navy signed an Implementing
Agreement to enhance their submarine rescue support cooperation.
• The Indian Navy will provide assistance by deploying its Deep Submergence Rescue
Vehicle when required.
• The Ministry underlined that this will ensure the safety of the South African Navy’s
submarine crew in times of distress or accident.
• It emphasised that the partnership will further strengthen the collaborative ties between
the two navies and reinforce the longstanding maritime relationship between India and South
Africa.
INDIAN NAVY TO TAKE PART IN ‘EXERCISE VARUNA’

• Why in the news: The 22nd edition of Indo-French bilateral naval ‘Exercise Varuna’, was
held from Sep 2 to 4, 2024 in the Mediterranean Sea.
• Indian Navy participated with a P8I aircraft in this exercise.
INDIA SUCCESSFULLY CARRIES OUT LAUNCH OF AGNI-4 BALLISTIC MISSILE
• Why in the news: India has carried out a successful launch of an Intermediate Range
Ballistic Missile, Agni-4, from the Integrated Test Range at Chandipur in Odisha.
• The launch successfully validated all operational and technical parameters.
• It was conducted under the aegis of the Strategic Forces Command.
Reports

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INDIA HOME TO 26 FINTECH UNICORNS WITH A COMBINED MARKET VALUE OF

$90 BN
• Why in the news: According to the data analysed by JM
Financial, with a combined market value of $90 billion, India
boasts 26 fintech unicorns, including one decacorn.
• JM Financial believes rising consumption, penetration & AI will
lead to 150 Fintech Unicorns & $200 billion in Fintech
revenue by 2030.
CREDIT CARD MARKET IN INDIA TO DOUBLE BY 2028-29: PWC

• Why in the news: According to a report by PwC, the number of credit cards in India is
expected to reach 200 million with a CAGR of 15 per cent by FY2028-29.
• The credit card industry has experienced significant expansion, doubling the number of
credit cards issued over the past five years.
• The digital payments in India continue to thrive, with transactional volume growing by 42
per cent year-on-year in FY23-24.
• This trend is expected to triple by FY28-29.
GLOBAL DATA CENTRE INDUSTRY TO EMIT 2.5 BILLION TONS OF CO2 THROUGH
2030: MORGAN STANLEY
• Why in the news: According to Morgan Stanley research, a boom in data centers is expected
to produce about 2.5 billion metric tons of carbon dioxide-equivalent emissions globally
through 2030.
WORKING CAPITAL CYCLE SHORTEST IN 25 YEARS AT 47.8 DAYS: CMIE

• Why in the news: According to data from the Centre for Monitoring
Indian Economy (CMIE), the average company needed nearly 90 days to
complete net working capital cycle in 1999-2000.
• In 2023-24, based on the latest available data, that figure has nearly
halved to 47.8 days.
• Net working capital cycle: A crucial measure that tracks the time a
company takes to convert current assets like inventory into sales and then
collect the money from customers.
EDUCATION LOAN AUM OF NBFCS TO TOP RS 60,000 CRORE

THIS FISCAL: CRISIL
• Why in the news: According to the Crisil report, education loan assets under management
(AUM) of non-banking finance companies (NBFCs) is expected to grow at a healthy clip of
40-45% to cross Rs 60,000 crore in the current fiscal from Rs 43,000 crore in FY2023-24.
• According to RBI data, education loan outstanding of banks was Rs 123,066 crore as of
July 2024.
• NBFC’s 90 plus days past due (dpd), for education loans was 0.2 per cent as on March
31, 2024, whereas for private and public sector banks, gross non-performing assets were
2.0 per cent and 3.9 per cent, respectively.

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• Peak quarterly delinquency on the vintage pool of 90 plus dpd for NBFCs was also below 1
per cent
INDIA NOW WORLD'S 2ND LARGEST 5G MOBILE MARKET: REPORT

• Why in the news: According to the
Counterpoint Research, India has
overtaken the US to become the world's
second-biggest 5G handset market for
the first time.
• China leads the global 5G smartphone
market with a 32% share, followed by
India with 13%, while the US has
dropped to third place with 10 per cent
• In the first half of 2024, global 5G handset shipments grew 20% (year-on-year).
• Globally, Apple led the 5G handset shipments, accounting for more than 25 per cent share,
followed by Samsung.
INDIA GENERATES HIGHEST PLASTIC POLLUTION IN WORLD

• Why in the news: According to a study published
in the journal Nature, India contributes to
one-fifth of global plastic pollution.
• Top plastic polluter in the world: India (9.3
mt), Nigeria (3.5 mt), Indonesia (3.4 mt) and
China (2.8 mt)
• Note:
o India burns roughly 5.8 million
tonnes (mt) of plastic each year, and
releases another 3.5 mt of plastics into
the environment (land, air, water) as
debris.
o Globally, roughly 69% (or 35.7 Mt) per year of the world’s plastic waste
emissions come from 20 countries (low-income countries (4), lower-middle-
income countries (9), and upper-middle-income countries (7))
• Paris Agreement (2015): It is primarily on climate change; however, the agreement
encourages countries to reduce emissions and promote sustainable practices.
• UN Environmental Assembly (2022): The UNEA agreed in 2022 to develop the first legally
binding international treaty on plastic pollution by 2024.
Indices/Rankings
KERALA TOPPED EASE OF DOING BUSINESS REFORMERS’ RANKING
• Why in the news: Piyush Goyal (Minister of Commerce and Industry) recognised the
outstanding work of States and UTs in enhancing the Ease of Doing Business, during the
‘Udyog Samagam,’ a conference of Industries and Commerce Ministers of states in
Delhi.
• Business Reforms Action Plan (BRAP):

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o Top performers: Kerala, Andhra Pradesh, Gujarat, Rajasthan, Tripura, and Uttar
Pradesh
o Worst performers: Arunachal Pradesh, Telangana, Punjab, and Puducherry
• During the event, he also released Regulatory Compliance Burden (RCB) Booklet.
INDIA RANKS 40TH IN WORLD FOR ALCOHOLIC BEVERAGE EXPORTS

• Why in the news: India currently ranks 40th in the world for alcoholic beverage exports.
• The government has planned to promote both Indian alcoholic and non-alcoholic
beverages globally, with a target of one billion dollars in export revenue over the next few
years.
• The Agricultural and Processed Food Export Development Authority has been working to
increase exports of Indian spirits to major foreign destinations.
ASHWINI VAISHNAW, ANIL KAPOOR AMONG TIMES 100 MOST INFLUENTIAL

PEOPLE IN AI
• Why in the news: Union minister of electronics and information technology Ashwini
Vaishnaw and actor Anil Kapoor are among Indians who have been honoured in Time
magazine's prestigious list of the 100 "Most Influential People in AI 2024".
• The list highlights the most impactful figures in the field of artificial intelligence (AI).
• Other Indians in the list:
o Anant Vijay Singh, Product Lead at Proton;
o Rohit Prasad, Senior Vice President and Head Scientist of Artificial General
Intelligence at Amazon;
o Shiv Rao, Co-founder and CEO of Abridge;
o Aravind Srinivas, CEO of Perplexity
US, CHINA, GERMANY DOMINATE $11.1 TRN TRAVEL BOOM IN 2024: WTTC
• Why in the news: According to the World Travel & Tourism Council (WTTC) 2024 Economic
Impact Trends Report, travel will contribute $11.1 trillion to the global GDP in 2024.
• This represents an increase of 12.1% from the previous year and 7.5% higher than pre-
pandemic records set in 2019.
• The top 10 countries ranked by their contribution to GDP through travel and tourism in
2023, according to the WTTC report:
o 1. United States: $2.36 trillion
o 2. China: $1.3 trillion
o 3. Germany: $487.6 billion
o 4. Japan: $297 billion
o 5. United Kingdom: $295.2 billion
o 6. France: $264.7 billion
o 7. Mexico: $261.6 billion
o 8. India: $231.6 billion
o 9. Italy: $231.3 billion
o 10. Spain: $227.9 billion
• India's travel and tourism sector is expected to contribute $256.1 billion to the economy
in 2024, making up 10.4% of the country's GDP.

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KIA TOPS LIST IN OVERALL CUSTOMER EXPERIENCE INDEX IN MASS MARKET

BRANDS: FADA STUDY
• Why in the news: According to the annual study
— 2024 Customer Experience Index (CEI),
conducted by Federation of Automobile
Dealers Associations (FADA), Kia India (45.84
per cent) topped the list of overall customer
experience index, followed by Toyota (45.83
per cent) and Tata Motors (44.35 per cent) in the
second and third largest spots, in the mass
market brands.
• Study was conducted in collaboration with Frost & Sullivan.
• Meanwhile, in the luxury brands, Audi took the pole position with a score of 48.93 per
cent, followed by BMW (47.02 per cent), Mercedes-Benz (46.64 per cent), Volvo (42.46 per cent)
and JLR (38.8 per cent).
SWACHH VAYU SARVEKSHAN 2024

• Why in the news: Swachh Vayu Survekshan is an initiative by Ministry of Environment,
Forest and Climate Change to rank cities on the basis of implementation of activities
approved under city action plan and air quality in 130 NCAP cities.
• Criteria:
o Category 1 (Population: 10 lakhs +)
o Category 2 (Population: 3-10 lakh)
o Category 3 (Population: Under 3 lakh)
• List of winners:
• Methodology based on 8 identified sectors:

o Biomass & Municipal Solid Waste Burning
o Road dust
o Dust from Construction & Demolition Waste
o Vehicular Emissions
o Emissions from Industries
o Other Emissions
o IEC activities/Public Awareness
o Improvement in PM10 concentrations
eAwards, Books & Festivals
Awards

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RAMON MAGSAYSAY AWARD 2024

• Why in the news: The 66th edition of the Ramon
Magsaysay Award 2024 has been announced.
• List of winners:
o Karma Phuntsho from Bhutan
o Miyazaki Hayao from Japan (co-
founders of Studio Ghibli)
o Rural Doctors Movement from Thailand
o Nguyen Thi Ngoc Phuong from Vietnam
o Farwiza Farhan from Indonesia
• About Ramon Magsaysay Award:
o It was established to preserve third Phillippine President Ramon Magsaysay's
example of integrity in governance and idealism in a democratic society.
o Funded by: Rockefeller Brothers trustees with Philippine government's agreement
27TH NATIONAL CONFERENCE ON E-GOVERNANCE

• Why in the news: The 27th National Conference on e-Governance (NCeG) held at the Jio
World Convention Centre in Mumbai, Maharashtra on the 3rd and 4th of September, 2024.
• The event was being jointly organized by the Department of Administrative Reforms and
Public Grievances (DARPG), the Ministry of Electronics and Information Technology
(MeitY), and the Government of Maharashtra.
• Theme: Viksit Bharat: Secure and Sustainable e-Service Delivery
• During the two-day event, the awards was conferred in five different categories:
o (i) Government Process Re-Engineering,
o (ii) Application of Emerging Technologies for providing Citizen Centric Services,
o (iii) District level initiative in e-Governance,
o (iv) Research on Citizen Centric Services by Academic & Research Institutions
o (v) Replication of Top Technological Solutions / initiatives
• NAeG Awards, 2024 consist of: (i) Trophy, (ii) Certificate and (iii) an incentive of Rs 10 lakh
for Gold Awardees and Rs 5 Lakhs for Silver Awardees
• Note:
o ONDC receives Gold Award for Application of Emerging Technologies for
Providing Citizen-Centric Services
o The Wokha SAATHI (Smart AI-based Assistant for Timely Help & Interface)
WhatsApp Chatbot, an innovative initiative of Nagaland won Gold Award for its
contribution to e-Governance.
o Poshan Tracker won gold under the category ‘Government Process Re-
engineering for Digital Transformation
o ‘Lab Mitra’ (Varanasi’s initiative) awarded gold National e-Governance Gold Award
in Administrative Reforms and district-level initiatives in e-governance.
MIKE PANDEY WINS 2024 JACKSON WILD LEGACY AWARD

• Why in the news: Renowned filmmaker and conservationist Mike Pandey has been
awarded the 2024 Jackson Wild Legacy Award, one of the most prestigious global honours
in wildlife and environmental filmmaking.

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• The award, presented at a ceremony in Maryland, USA.
Festivals
ONAM FESTIVITIES STARTED WITH ATHAM
• Why in the news: In Kerala, Atham is being celebrated, marking the beginning of the ten-day
Onam festivities.
• At several places, floral carpets, or pookkalams, were laid out, symbolically welcoming King
Mahabali, who was sent to the netherworld by Vamana, an incarnation of Lord Vishnu.
NUAKHAI FESTIVAL
• Why in the news: Nuakhai is being celebrated with its unique traditions across the district in
Odisha.
• It is an agricultural festival associated with the new rice crop of the season.
• This day celebrated precisely on the day after Ganesh Chaturthi.
• Determined by the lunar calendar, the day falls on the ‘Panchami tithi‘ (the fifth day) of the
lunar fortnight, typically occurring between August and September.
Sports
ANUYA PRASAD WINS AIR PISTOL GOLD IN WORLD DEAF CHAMPIONSHIP
• Why in the news: India's Anuya Prasad won gold with a 10.3 last shot in the women's 10m
air pistol at World Deaf Championship in Hannover, Germany.
• Defeated: Sofia Olenych of Ukraine
• Other Indian winner:
o 10m Air Pistol Men: Abhinav Deshwal (Silver) and Shubham Vashist (Bronze)
o 10m Air Pistol Men Team – Abhinav Deshwal, Shubham Vashist & Chetan Sapkal
(Silver)
PREETHI PAL MAKES HISTORY WITH BRONZE AND NISHAD KUMAR WINS SILVER
AT PARIS PARALYMPICS 2024
• Why in the news: Indian Para Athlete Preethi Pal clinched a bronze medal in the Women’s
200 meters – T35 Final at 2024 Paris Paralympics.
• With this win, she became the first track and field Indian Woman Para Athlete to win two
medals at the Paralympics.
• On the other hand, Indian athlete Nishad Kumar also won a silver medal with an effort of
2.04 meter in Men’s High Jump – T47 event.
CHARLES LECLERC WINS ITALIAN F1 GP FOR FERRARI

• Why in the news: Ferrai driver Charles Leclerc won the Italian Grand Prix 2024, followed
by O. Piastri (McLaren) and L. Norris (McLaren).
MAIDEN DURAND CUP TITLE FOR NORTHEAST UNITED FC

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• Why in the news: NorthEast United FC claimed their first Durand Cup title, beating
Mohun Bagan SG 4-3 in a penalty shootout, at the Salt Lake Stadium.
• Edition: 133rd
• List of awardees:
Golden Ball Jithin MS
Golden Boot Noah Sadaoui
Golden Glove Gurmeet Singh
DEEPTHI JEEVANJI WINS BRONZE IN WOMEN’S 400M RACE
• Why in the news: India's Deepthi Jeevanji won bronze in the women's 400m T20 category
race at the ongoing Paris Paralympics 2024.
• Jeevanji completed the race in 55.82 seconds.
• T20 category is meant for athletes with intellectual impairment.
PARIS PARALYMPICS 2024: SACHIN KHILARI WINS SILVER IN MEN'S SHOT PUT
(F46)
• Why in the news: India's Sachin Sarjerao Khilari won silver in men's shot put F46 event at
Paris Paralympics 2024.
• Greg Stewart of Canada defended his Tokyo Paralympic gold with a throw of 16.38m.
INDIAN ARCHER HARVINDER SINGH CLINCHES HISTORIC ARCHERY GOLD AT

2024 PARIS PARALYMPICS
• Why in the news: Harvinder Singh made history at the Paris Paralympics as he became the
first Indian archer to win a gold medal at the Games.
• Other winners:
o Dharambir won gold medal in Men’s Club Throw – F51 Final while Pranav
Soorma won silver medal in the same event
o Mariyappan Thangavelu won bronze medal in the Men's High Jump T63 event.
o Sharad Kumar won Silver in Men's High Jump T63 at Paris Paralympics 2024.
o Sundar Singh Gurjar won bronze medal in the Men’s Javelin Throw F46.
o Ajeet Singh won silver Medal in the Men's Javelin Throw F46 event.
o Pranav Soorma on winning silver in Men’s Club Throw F51 event
PM MODI CONGRATULATES PRANAV SOORMA ON WINNING SILVER IN MEN’S

CLUB THROW EVENT
• Why in the news: Prime Minister Narendra Modi congratulated Pranav Soorma for winning
silver medal in the Men’s Club Throw F51 event at the ongoing Paris Paralympics 2024.
KAPIL PARMAR CLINCHES INDIA’S FIRST EVER PARALYMPIC MEDAL IN JUDO

• Why in the news: Kapil Parmar clinched a bronze in the Para Judo Men’s J1-660
Kilogrammes event at 2024 Paris Paralympics.
• Defeated: Elielton de Oliveira of Brazil
• This is India’s first-ever Paralympic medal in Judo.
RONALDO BECOMES 1ST PLAYER TO REACH 900 CAREER GOALS

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• Why in the news: Portugal's Cristiano Ronaldo reached a remarkable milestone by scoring
his 900th career goal during Portugal’s 2-1 victory over Croatia in their opening UEFA
Nations League match.
• He is the first player in football history to reach 900 career goals for both club and
country.
• Here's a breakdown of Ronaldo’s career goals:
Team Goals
Real Madrid 450 goals
Manchester United 145 goals
Portugal 131 goals
Juventus 101 goals
Al Nassr 68 goals
Sporting Lisbon 5 goals
• Top 10 highest goal scorers in football history
Player Goals
Cristiano Ronaldo (POR) 900 goals
Lionel Messi (ARG) 838 goals
Josef Biscan (AUT) 805 goals
Romario (BRA) 772 goals
Pele (BRA) 757 goals
Ferenc Puskas (HUN) 746 goals
Gerd Muller (GER) 734 goals
Ferenc Deak (HUN) 576 goals
Uwe Seeler (GER) 575 goals
Tulio Maravilha (BRA) 575 goals
SIDDHARTHA AGGARWAL SETS RECORD AS OLDEST INDIAN TO SWIM ENGLISH

CHANNEL SOLO
• Why in the news: Siddhartha Agarwal, swimmer from Bengaluru, has made history by
becoming the oldest Indian to swim across the English Channel.
• He successfully navigated the 42-km stretch between England and France, completing the
grueling swim in an impressive 15 hours and six minutes.
MAHIT SANDHU WINS 50M RIFLE PRONE GOLD IN DEAF SHOOTING WORLD
CHAMPIONSHIPS
• Why in the news: India’s Mahit Sandhu clinched the gold medal in the women’s 50m rifle
prone event while Abhinav Deshwal secured silver in the men’s 25m pistol, in the second
World Deaf Shooting Championship at Hanover, Germany.
ARMYMAN HOKATO HOTOZHE SEMA WINS BRONZE MEDAL IN SHOT PUT: PARIS
2024 PARALYMPICS
• Why in the news: India’s Hokato Hotozhe Sema won the bronze medal in the men’s shot
put F57 class at the Paris 2024 Paralympics.
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PRAVEEN KUMAR WINS INDIA'S RECORD-BREAKING SIXTH GOLD AT PARIS

PARALYMPICS
• Why in the news: India's Praveen Kumar won the gold medal in the men's high jump T64
event at the 2024 Paris Paralympics, clearing 2.08 meters to claim his second consecutive
Paralympic medal.
HARVINDER SINGH AND PREETHI PAL TO BE COUNTRY’S FLAG BEARERS IN

CLOSING CEREMONY OF PARIS PARALYMPICS GAMES
• Why in the news: Gold medal-winning archer Harvinder Singh and sprinter Preethi Pal will
be the country’s flag bearers during the closing ceremony of the Paris Paralympics
Games on 8th September 2024.
• Harvinder had scripted history by becoming the first Indian archer to clinch a gold at the
Paralympics.
• While, Preethi had made history by becoming the first-ever Indian woman to win two medals
at the Paralympics.
WRESTLER JYOTI BERWAL WINS GOLD MEDAL IN U20 WORLD CHAMPIONSHIPS

• Why in the news: In wrestling, Jyoti Berwal clinched a gold medal in the women’s 76 kg
freestyle category at the U20 World Championships in Pontevedra, Spain.
• This was India’s second consecutive world U20 title in women’s 76 kg after Priya Malik
claimed it in the 2023 edition.
INFORMATION AND BROADCASTING MINISTRY ORGANISED KHEL UTSAV 2024

• Why in the news: The Information and Broadcasting Ministry has organised Khel Utsav
2024 from the 27th to the 30th of August at Major Dhyan Chand Stadium and Jawaharlal
Nehru Stadium in New Delhi.
• In its maiden edition, the Ministry organised tournaments in four sports: cricket, hockey,
badminton, and table tennis.
INDIA TO BID FOR 2030 YOUTH OLYMPICS AND 2036 SUMMER OLYMPICS
• Why in the news: Minister of Youth Affairs and Sports Dr Mansukh Mandaviya informed,
that India will bid to host the Youth Olympics in 2030 and Summer Olympics in 2036.
US OPEN TENNIS 2024

• Why in the news: Jannik Sinner (Italian tennis player) has clinched Men's single title at
US Open Tennis 2024, after defeating Taylor Fritz (American tennis player).
• Other Winners:
o Women's single title: Aryna Sabalenka (Belarus) – Defeated: Jessica Pegula
(America)
o Men's Double title: Max Purcell and Jordan Thompson (Australia)
o Women's Double title: Lyudmyla Kichenok (Ukraine) and Jeļena Ostapenko
(Latvia)
o Mixed title: Sara Errani and Andrea Vavassori (Italy)

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INDIAN BOXER DEEPALI THAPA BECOMES 1ST EVER ASIAN SCHOOLGIRL

CHAMPION
• Why in the news: Indian boxer Deepali Thapa has made history by becoming the first-ever
Asian Schoolgirl Champion in Al Ain, UAE.
• Category: 33 kg
• Defeated: Liudmyla Vasylchenko (Ukraine)
• Other winner:
o Bhoomi (35 Kg)
o Nischal Sharma (37 kg)
o Rakhi (43 kg)
o Naitik (52 kg)
o Trushana Vinayak Mohite (67 kg)
PARIS PARALYMPICS 2024 CONCLUDED

• Why in the news: Paralympics 2024 has been concluded, which was organizing in Paris,
France from 28 August 2024 to 8 September 2024. Here are some highlights of Paris
Paralympics 2024.
• Paris Paralympics 2024 Highlights:
• Edition: XVII (17th)
• Motto: Games Wide Open
• Mascots: Phryges (Designed by Gilles Deleris)
• Stadium:
o Opening ceremony: Place de la Concorde
o Closing ceremony: Stade de France
• Total Sports: 22 (549 events)
• Total Athletes: 4,463
• Country’s ranking (as per the performance)
Rank Name of the country Total Number of medals
1 People's Republic of China 220 (94 gold)
2 Great Britain 124 (49 gold)
3 United States 105 (36 gold)
4 Netherlands 56 (27)
5 Brazil 89 (25)
8 France 75 (19)
18 India 29 (7)
• Note: First transgender woman to participate in the Paralympics: Valentina Petrillo (Italy)
• Next Olympics: Summer Olympics 2028 (Host country: Los Angeles)
India’s performance in Paralympics 2024:

• Total Competitors: 84
• Total Sports: 12
o Para Athlete, Archery, Badminton, Canoe, Cycling, Judo, Powerlifting, Rowing,
Table Tennis, Swimming, Taekwondo and Shooting
▪ Para Athlete including Javelin Throw, Women 400m, Discus Throw, Club
Throw, High Jump, Shot Put, Women's 100m and 200m
• Flag bearers:
o Opening: Bhagyashree Jadhav (Paralympic athlete) and Sumit Antil (Javelin throw)

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o Closing: Preethi Pal (Para athlete) and Harvinder Singh (Para Archer)
▪ Preethi Pal won two medals (Bronze) at the Games (Women's 100 m T35
and Women's 200 m T35)
▪ Harvinder Singh won India's first gold in Archery
• Chef de mission of the Indian: Satya Prakash Sangwan (Vice President of Paralympic
Committee of India (PCI))
• Total Medal: 29 (7 gold + 9 silver + 13 bronze)
• Gold winner:
Name Sports Event
Avani Lekhara Shooting Women's R2 10 m air rifle standing SH1
Kumar Nitesh Badminton Men's singles SL3
Sumit Antil Athletics Men's javelin throws F64
Harvinder Singh Archery Individual recurve open
Dharambir Nain Athletics Club throw F51
Praveen Kumar High jump T64
Navdeep Singh Javelin throw F41
• Out of 29 medals, India has won maximum medals i.e. 17 (Total) in Athletics, out of which
four (4) are gold in athletics.
• Events/Sports in which India won two medals:
Sports Event Winner

Shooting Women's 10m air rifle standing Avani Lekhara (Gold)
SH1 Mona Agarwal (Bronze)
Athletics Men's high jump T63 Sharad Kumar (Silver)
Mariyappan Thangavelu
(Bronze)
Men's javelin throws F46 Ajeet Singh (Silver)
Sundar Singh Gurjar (Bronze)
Men's club throw F51 Dharambir (Gold)
Parnav Soorma (Silver)
• India’s first:
o First Indian to win a Paralympic medal in judo: Kapil Parmar (Bronze)
o India's first Paralympic medal in recurve archery: Sheetal Devi and Rakesh
Kumar (Mixed Event – Bronze medal)
o India first gold in para-archery: Harvinder Singh
o First Paralympian from Nagaland: Hokato Hotozhe Sema
o First Indian woman shooter to secure a medal in the pistol category: Rubina
Francis
o First Indian woman athlete to win 3 Paralympic medals: Avani Lekhara
▪ Tokyo Paralympics 2020: 2 medals (Gold and silver)
▪ Paris Paralympics 2024: 1 medal (Gold)
Appointments
SHARATH KAMAL NAMED FIRST INDIAN AMBASSADOR OF ITTF FOUNDATION
• Why in the news: Sharath Kamal has been appointed as the first Indian ambassador of
International Table Tennis Federation (ITTF) Foundation.

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V. SATISH KUMAR TAKES ADDITIONAL CHARGE AS IOCL CHAIRMAN

• Why in the news: V. Satish Kumar, director (marketing) of Indian Oil Corp. Ltd (IOCL), took
additional charge as chairman of IOCL.
• Replace: Shrikant Madhav Vaidya
L’OREAL NAMES ALIA BHATT AS GLOBAL BRAND AMBASSADOR

• Why in the news: L’Oréal Paris has roped in Alia Bhatt as its new global brand
ambassador.
• She joins fellow Bollywood actor Aishwarya Rai, the beauty brand’s other global
ambassador from India.
GOVERNMENT NAMES DEEPTI GAUR MUKHERJEE AS SEBI BOARD MEMBER

• Why in the news: The Centre has nominated Deepti Gaur Mukherjee, Secretary of the
Corporate Affairs Ministry (MCA), as a Member of the Board of market regulator SEBI.
• The Financial Markets division in the Department of Economic Affairs in the Finance
Ministry has issued a notification to this effect.
ASCI APPOINTS PARTHA SINHA AS NEW CHAIRMAN

• Why in the news: The Advertising Standards Council of India (ASCI) appointed Partha
Sinha, President & Chief Brand Officer, BCCL as the new Chairman of its Board of
Governors for 2024-25.
• Sudhanshu Vats, Deputy MD, Pidilite Industries, has taken over as the Vice-Chairman
• S. Subramanyeswar, Group CEO & Chief Strategy Officer-APAC, Lintas India has been
appointed as Hon. Treasurer.
K S VISWANATHAN APPOINTED MANAGING DIRECTOR OF CHENNAI SUPER KINGS

• Why in the news: K S Viswanathan has been appointed as the managing director of the
Indian Premier League (IPL) franchise, Chennai Super Kings (CSK).
MICHEL BARNIER IS NEW FRENCH PRIME MINISTER

• Why in the news: French President Emmanuel Macron has named Michel Barnier as PM of
France.
• He is a former chief Brexit negotiator of the European Union and a veteran of the right-
wing Republicans party.
SURESH PRABHU NOMINATED TO WORLD AGRICULTURE FORUM BOARD

• Why in the news: Former Union Minister Suresh Prabhu has been nominated to the World
Agriculture Forum (WAF) Board.
• The forum aims to address global food security, sustainable practices, and policy issues by
bringing together key stakeholders in the agricultural sector.

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CDSL SECURES SEBI APPROVAL FOR NEHAL VORA’S APPOINTMENT AS MD &

CEO
• Why in the news: Nehal Vora has been re-appointed as the MD & CEO of the Central
Depository Services (India) Limited (CDSL).
• He has been serving as the MD & CEO since September 24, 2019.
RAHUL DRAVID JOIN RAJASTHAN ROYALS AS HEAD COACH

• Why in the news: Rajasthan Royals confirmed the appointment of Rahul Dravid as head
coach of their franchise for the Indian Premier League (IPL) 2025.
THAILAND SWEARS IN PAETONGTARN SHINAWATRA AS YOUNGEST PRIME
MINISTER
• Why in the news: Paetongtarn Shinawatra, the heiress of most famous political dynasty of
Thailand, was sworn in as Prime Minister.
• She is a youngest daughter of controversial former Prime Minister Thaksin Shinawatra and
officially became youngest Prime Minister of Thailand.
ALGERIA'S PRESIDENT TEBBOUNE WINS SECOND TERM WITH 95% OF VOTE

• Why in the news: Abdelmadjid Tebboune has won the presidential election of Algeria with
95% of votes.
• He was first elected as president of Algeria in 2019.
IAS OFFICER TUHIN KANTA PANDEY APPOINTED AS FINANCE SECRETARY

• Why in the news: A senior IAS officer, Tuhin Kanta Pandey has been appointed as the
Finance Secretary.
• Replace: T V Somanathan (New Cabinet secretary)
UNDP APPOINTS ANGELA LUSIGI AS RESIDENT REPRESENTATIVE FOR INDIA

• Why in the news: United Nations Development Programme (UNDP) has appointed Angela
Lusigi as its new resident representative for India.
• She served as the UNDP resident representative in Ghana and was a Strategic Advisor in the
UNDP Regional Bureau for Africa in New York since 2012.
• UNDP HQ: New York
• UNDP India’s country Office: New Delhi
RANDHIR SINGH BECOMES FIRST INDIAN TO BE ELECTED AS OCA PRESIDENT

• Why in the news: Former shooter and veteran sports administrator Raja Randhir Singh
became the first Indian president of the Olympic Council of Asia (OCA).
• The Olympic Council of Asia is the governing body for sports in Asia.
• It is recognised by the International Olympic Committee (IOC).
• Note: Between 1968 and 1984, he competed in five Olympics, becoming only the second
Indian to do so.
ARUN GOEL APPOINTED AS THE NEXT AMBASSADOR OF INDIA TO THE REPUBLIC

OF CROATIA'
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• Why in the news: Former Election Commissioner of India, Arun Goel has been appointed
as the next Ambassador of India to the Republic of Croatia.
Conferences
IGCF 2024 KICKS OFF IN SHARJAH
• Why in the news: The 13th edition of the International Government Communication
Forum (IGCF) kicked off in Sharjah, UAE, under the theme of Agile Governments –
Innovative Communication.”
• Organised by: Sharjah Government Media Bureau
JOINT COMMANDERS’ CONFERENCE COMMENCES IN LUCKNOW

• Why in the news: The maiden Joint Commanders’ Conference (JCC) commenced in
Lucknow, Uttar Pradesh, under the theme ‘Sashakt and Surakshit Bharat: Transforming
Armed Forces’.
• Focus on conference: Shaping the future of India’s military to adapt to the changing
operational environment
TELANGANA CM TO INAUGURATE GLOBAL ARTIFICIAL INTELLIGENCE SUMMIT

2024 IN HYDERABAD
• Why in the news: A two-day Global Artificial Intelligence Summit-2024 was inaugurated
by Telangana Chief Minister A. Revanth Reddy in Hyderabad.
• Theme 2024: Making AI Work for Everyone
• Aim: At fostering discussions on various aspects of AI, the summit is expected to amplify the
state’s ambition to become a global innovation hub.
INDIA TO HOLD 2ND EDITION OF INTERNATIONAL CONFERENCE ON GREEN

HYDROGEN
• Why in the news: The second edition of the International Conference on Green Hydrogen
will be hosted by India from 11th to 13th September in New Delhi.
• Aim: To deepen understanding of the green hydrogen landscape and foster connections with
global scientific communities and industries.
• The role of Green Hydrogen is crucial in driving India and other developed nations
towards a clean and green energy transition.
GLOBAL TEXTILES EXPO BHARAT TEX 2025 TO HELD IN 2025

• Why in the news: The Global Textiles Expo—Bharat Tex 2025 will be held at Bharat
Mandapam, New Delhi and at the India Expo Centre and Mart in Greater Noida from
February 14th to 17th, 2025.
• The Expo focusses on the vision of 5F (Farm to Fibre, Fibre to Factory, Factory to Fashion,
and Fashion to Foreign).
• Note: India’s textile industry is expected to grow to US$350 bn by 2030 and add 3.5 crore
jobs.

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CONFERENCE ON `UNIVERSAL ACCESS TO HEALTH CARE: DIGITAL

SOLUTIONS’AT IHC
• Why in the news: National conference on `Universal Access to Healthcare: Digital
Solutions was organized by National Human Rights Commission (NHRC) in collaboration
with the Sankala Foundation supported by the NITI Aayog and the Ministry of Health &
Family Welfare.
• Location: New Delhi
• Aim: To bring together practitioners, government officials, leading experts, innovators and
policy makers in the field of healthcare and digital healthcare technology to explore the way
forward for universal access to affordable and quality healthcare services especially to people
living in rural, remote and hilly areas.
PM MODI VIRTUALLY ADDRESSES FIRST INTERNATIONAL SOLAR FESTIVAL

• Why in the news: The Prime Minister of India, Narendra Modi, virtually addressed the first
International Solar Festival, which is being held in New Delhi.
• He also informed that India’s solar energy capacity has increased 32-fold in the last 10
years, and this speed and scale will help the country achieve 500 giga-watt non-fossil
capacity by 2030.
• International Solar Alliance (ISA):
o Aim: To improve energy access and security worldwide and promotes solar power
as a sustainable pathway to transition to a carbon-neutral future.
o The ISA was established during the 21st Conference of Parties (COP21) to the
UN Framework Convention on Climate Change (UNFCCC) in Paris.
INDIAN COAST GUARD PARTICIPATES IN 20TH HACGAM

• Why in the news: Indian Coast Guard (ICG) participated in the 20th Heads of Asian Coast
Guard Agencies Meeting (HACGAM) from September 03 to 04, 2024 at Incheon, South
Korea.
• During the meeting, various issues of significance, such as maritime law enforcement, safety
and security of life at sea, marine environment protection, illicit trafficking of drugs, weapons
& humans and future cooperation were discussed.
• Total countries members: 23
• The headquarters of HACGAM is located in Japan.
INTERNATIONAL CONFERENCE ON ‘SPECTRUM OF LITERACY’ ORGANIZED

• Why in the news: The Ministry of Education, Government of India has organized an
International Conference titled “Spectrum of Literacy” on 7th September 2024.
• Location: CIET, NCERT, New Delhi
• Theme of conference: Spectrum of Literacy
• Chaired by: Secretary of Department of School Education and Literacy (DoSEL), Sanjay
Kumar.
• It will bring together global and national experts, educators, policymakers, and literacy
advocates to explore the diverse and evolving dimensions of literacy in today's world.
CHINA-HOSTED FOCAC SUMMIT

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• Why in the news: China has hosted the ninth edition of the Forum on China-Africa
Cooperation (FOCAC) in Beijing.
• During the summit, Chinese President Xi Jinping pledged $51 billion of funding to African
countries.
• China will support 30 infrastructure projects across the continent, with 360 billion yuan
($50.7 billion) to be offered as financial assistance.
• What is the FOCAC?
o It refers to Forum on China-Africa Cooperation.
o Aim: To formalise the strategic partnership between China and African nations
o A summit is conducted every three years, with the host alternating between China
and an African member.
o The FOCAC counts 53 African nations as its members – the entire continent
except Eswatini, which has diplomatic ties with Taiwan against Beijing’s “One
China” Policy.
Obituaries
SENIOR JOURNALIST UMESH UPADHYAY DIES
• Why in the news: Veteran journalist Umesh Upadhyay passed away after he fell from the
fourth floor of a building in Vajant Kunj, Delhi.
• Updhayay recently launched his book, ‘Western Media Narratives on India: From Gandhi
to Modi‘.
WRITER AND SOCIAL ACTIVIST K.J. BABY PASSES AWAY

• Why in the news: Writer and social activist K.J. Baby, also known as Kanavu Baby, passed
away at 70.
• He is the founder of Kanavu, the unique school for Adivasi children in northern Kerala.
TENNIS LEGEND LUIS AYALA PASSES AWAY AT 91

• Why in the news: Luis Ayala, a Chilean tennis great who played in two French Open finals,
has died, at 91.
ARUNA VASUDEV, FILM CRITIC AND AUTHOR, DIES AT 88

• Why in the news: Eminent film critic, curator, and author Aruna Vasudev, hailed as the
'mother of Asian cinema,' died at 88.
Important Days
WORLD COCONUT DAY 2024
• Why in the news: World Coconut Day is observed on September 2 to increase awareness
about its economic, cultural, and ecological roles.
• Theme 2024: Coconut for a Circular Economy: Building Partnership for Maximum Value

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NATIONAL NUTRITION WEEK 2024

• Why in the news: National Nutrition Week (NNW) is commemorated every year in India from
September 1 to 7 to raise awareness among people about the significance of nutrition and
cultivating healthy eating habits.
• 2024 theme: Nutritious Diets for Everyone
INTERNATIONAL VULTURE AWARENESS DAY 2024

• Why in the news: International Vulture Awareness Day is observed annually on the first
Saturday of September to raise awareness about the importance of vultures in maintaining
ecological balance.
• In 2024, this day falls on September 7.
• This initiative was started in South Africa and the United Kingdom in September 2009.
INTERNATIONAL DAY OF POLICE COOPERATION 2024

• Why in the news: International Day of Police Cooperation observed annually on 7
September to recognize the essential work of the world’s law enforcement community in
global security.
• Why 7th September?
o The International Criminal Police Organization (INTERPOL) was created on 7th
September 1923.
o This day was first observed in 2023, to mark the 100th anniversary of Interpol.
IEPFA CELEBRATES 8TH FOUNDATION DAY

• Why in the news: The Investor Education and Protection Fund Authority (IEPFA) of the
Ministry of Corporate Affairs (MCA) celebrated its 8th Foundation Day on September 6,
2024.
• It was organized in collaboration with the National Council of Applied Economic
Research.
• Aim: To foster a more resilient and informed investor community across the country.
• Theme 2024: Empowering Investors: Financial Literacy as the Key to Combat Fraud and
Digital Scams
• Note:
o IEPFA was formed in 2016 under the provisions of the Companies Act, 2013.
WORLD PHYSIOTHERAPY DAY

• Why in the news: World Physiotherapy Day is observed annually on 8th September.
• Theme 2024: Low Back Pain and Physiotherapy
INTERNATIONAL LITERACY DAY

• Why in the news: International Literacy Day is observed annually on 8th of September to
remind everyone of the importance of literacy for individuals, communities and societies.
• 2024 Theme: Promoting multilingual education: Literacy for mutual understanding and
peace

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WORLD EV DAY
• Why in the news: World EV day is observed annually on September 9.
Person In News
ENGLAND'S MOEEN ALI RETIRES FROM INTERNATIONAL CRICKET AT 37
• Why in the news: England allrounder Moeen Ali has retired from international cricket at
37.
• He has played 68 tests, 138 One-Day Internationals (ODIs) and 92 Twenty20
Internationals (T20Is) for England since 2014.

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