1. President Droupadi Murmu to virtually launch Pradhan Mantri TB Mukt Bharat Abhiyaan on 9 September
Tags: National Government Schemes Person in news
President Droupadi Murmu will virtually launch the Pradhan Mantri TB Mukt Bharat Abhiyaan on 9th September 2022 to reinvigorate the mission of TB elimination from the country by 2025.
IMPORTANT FACTS -
- Prime Minister Narendra Modi had given the call to end TB in the country five years ahead of the SDG (Sustainable Development Goals) target of 2030 at the Delhi End TB Summit in March 2018.
- During the event, President Murmu will also launch the Ni-kshay Mitra initiative, a portal to provide a platform for donors to provide various forms of support to those undergoing TB treatment.
- India has the largest population of TB patients in the world. According to the World Health Organisation 26% of TB cases in the world in 2020 was reported from India.
- Every year March 24 is observed as World Tuberculosis Day in the world.
2. PM to inaugurate Kartavya Path and unveil the statue of Netaji Subhash Chandra Bose at India Gate on 8 September
Tags: National
Prime Minister Narendra Modi will inaugurate the Kartavya Path 0n 8 September 2022 in New Delhi. It was earlier called Rajpath.
IMPORTANT FACTS -
- He will also unveil the statue of Netaji Subhash Chandra Bose at India Gate on the occasion.The jet black granite statue of Netaji, measuring a total of 28 feet will be placed under the Canopy near India Gate.
- The statue of Netaji Subhash Chandra Bose, which will be unveiled by the Prime Minister, is being installed in the same place where a hologram statue of Netaji was unveiled earlier this year on Parakram Diwas 23rd January by him.
- Every year 23 January is observed as Parakram Diwas to mark the birth anniversary of Netaji Subhas Chandra Bose.
- These steps are in line with Prime Minister’s second Panch Pran for New India in Amrit Kaal: remove any trace of colonial mindset.
ADDITIONAL INFORMATION -
During the 15 August 2022 speech the Prime Minister asked the Indians to take five pledges or Panch Pran. They are :
- To make India a developed country by 2047
- Remove Traces of Colonialism
- Take pride in Legacy
- Strength of Unity
- Fulfill duties as a Citizens
3. Piyush Goyal launches India US Startup SETU - Supporting Entrepreneurs in Transformation and Upskilling programme in San Francisco
Tags: National Economy/Finance Government Schemes International News
The Union Minister of Commerce and Industry, Piyush Goel launched the India US Startup SETU - Supporting Entrepreneurs in Transformation and Upskilling programme in San Francisco, United States on 6 September 2022.
IMPORTANT FACTS -
Aim of the Startup:
- Piyush Goyal said it will act as a bridge between Indian and American companies and will support entrepreneurs in transforming, upskilling and leveraging on the success stories of the Indian Diaspora in the US.
- The minister observed that some good ideas of startups don't take off for lack of mentorship, guidance, funds.
- The initiative would connect start-ups in India to US-based investors and start-up ecosystem leaders with mentorship and assistance in various areas including funding, market access and commercialization.
- The interaction will be supported through the mentorship portal under the Startup India initiative MAARG, or the Mentorship, Advisory, Assistance, Resilience, and Growth program, which is a single-stop solution finder for startups in India.
What is MAARG ?
- It is a portal which has been launched by the Department for Promotion of Industry and Internal Trade (DPIIT) under the startups India initiative.
- The portal has been developed with the idea that a mentor shall be accessible to the startups, anywhere in the country.
ADDITIONAL INFORMATION -
Points to remember :
- January 16 is observed as Startup day as on this day in 2016 the government of India launched its flagship Startup India initiative. The first Startup day was observed in 2022.
- India has become the third-largest Startup ecosystem in the world after the US and China.
- Bengaluru based Neobank Open is the 100th Unicorn Startup in India.
4. Piyush Goyal launches India US Startup SETU - Supporting Entrepreneurs in Transformation and Upskilling programme in San Francisco
Tags: National Economy/Finance Government Schemes International News
The Union Minister of Commerce and Industry, Piyush Goel launched the India US Startup SETU - Supporting Entrepreneurs in Transformation and Upskilling programme in San Francisco, United States on 6 September 2022.
IMPORTANT FACTS -
Aim of the Startup:
- Piyush Goyal said it will act as a bridge between Indian and American companies and will support entrepreneurs in transforming, upskilling and leveraging on the success stories of the Indian Diaspora in the US.
- The minister observed that some good ideas of startups don't take off for lack of mentorship, guidance, funds.
- The initiative would connect start-ups in India to US-based investors and start-up ecosystem leaders with mentorship and assistance in various areas including funding, market access and commercialization.
- The interaction will be supported through the mentorship portal under the Startup India initiative MAARG, or the Mentorship, Advisory, Assistance, Resilience, and Growth program, which is a single-stop solution finder for startups in India.
What is MAARG ?
- It is a portal which has been launched by the Department for Promotion of Industry and Internal Trade (DPIIT) under the startups India initiative.
- The portal has been developed with the idea that a mentor shall be accessible to the startups, anywhere in the country.
ADDITIONAL INFORMATION -
Points to remember :
- January 16 is observed as Startup day as on this day in 2016 the government of India launched its flagship Startup India initiative. The first Startup day was observed in 2022.
- India has become the third-largest Startup ecosystem in the world after the US and China.
- Bengaluru based Neobank Open is the 100th Unicorn Startup in India.
5. India donates 5000 tonnes of rice to Madagascar
Tags: International News
Indian Ambassador to Madagascar Abhay Kumar presented 5000 tonnes of rice to President Andry Rajoelina of Madagascar at a donation ceremony held at the Presidential Palace in Antananarivo.
IMPORTANT FACTS -
- Earlier, India donated 15 thousand bicycles to Madagascar on the occasion of World Bicycle Day. World Bicycle day is observed on 3 June every year.
- President Rajoelina thanked the Government and people of India for the generous donation.
ADDITIONAL INFORMATION -
Madagascar :
- It is an island country off the South-East coast of Africa.
- It is the fourth largest island in the world after Greenland, New Guinea and Borneo.
- Capital: Antananarivo
- Currency: Ariary
- President: Andry Rajoelina
6. Number of demat accounts in India crosses 10 crore mark
Tags: National Economy/Finance
According to data released by depository firms National Securities Depository Limited (NDSL) and Central Depository Services (CDSL), over 22 Lakh new accounts were opened in August, taking the figure to 10 crore and five lakh. In March 2020, the total number of demat account holders in India was four crore and nine lakh.
IMPORTANT FACTS -
- CDSL is currently the largest depository in the country in terms of active demat accounts.
What is the need for a Demat account ?
- If a person wants to buy and sell securities (shares, bonds etc.) on the National Stock Exchange (NSE), Bombay Stock Exchange (BSE) or other exchanges, he or she needs a trading account, demat account. Both the account has to be linked with the person's bank accounts.
- Trading accounts are needed for the purpose of buying and selling securities.
Then what is a Demat account ?
- Demat is an abbreviation of dematerialised. Dematerialised means which is not in physical form but in an electronic form.
- Market regulator securities and Exchange Board of India (SEBI) has made it compulsory for the companies to issue securities in electronic forms only. Earlier they were issued in physical or paper forms.
- So a person who buys the securities needs a place where to deposit the securities.
- Here the facility is offered by Depository Participants (DP).
- The investor opens Demat accounts with a SEBI registered Depository Participants (DP) to keep their shares, bonds, debentures etc. in electronic form.
- The Demat account is linked with the trading account so that the investor can smoothly buy and sell the securities.
ADDITIONAL INFORMATION -
Depositories Participants :
- They are financial institutions which are a member of Depositories and they offer the Demat account facilities to the investor. They could be banks, share broking companies etc.
Depositories :
- hey are set up in India after the enactment of the Depositories Act 1996. They are licensed and regulated by SEBI.
- There are two Depositories in India and both are based in Mumbai, Maharashtra.
- They are National Securities and Depositories Limited (NDSL) and Central Depositories Services India Ltd (CDSL).
- NSDL was the first depository to be set up in India in August 1996.
- CDSL was set up in 1999.
What do they do ?
- They convert the securities (shares, bonds, etc) issued by companies into electronic form, enabling their buying and selling in the capital market (popularly known as share market). SEBI has made the dematerialisation of securities compulsory in India.
7. Union cabinet approves launch of centrally sponsored scheme of PM SHRI Schools
Tags: National Government Schemes National News
The Union cabinet on 7 September approved the launch of a new centrally sponsored scheme of setting up PM Schools for Rising India, PM - SHRI Schools.
IMPORTANT FACTS -
- Under this scheme, more than 14,000 schools including Kendriya Vidyalayas and Navodaya Vidyalayas as well as schools run by State Governments and local bodies will be strengthened to emerge as PM-Shri Schools.
Prime Minister Narendra Modi announced this scheme for the up-gradation and modernization of existing schools managed by the central and state governments as well as local bodies on Teachers' Day on 5 September.
The total project cost for five years would be Rs 27,360 crore, of which the Centre's share would be Rs 18,128 crore.
187 lakh students will be benefited under this scheme.
8. Union cabinet approves launch of centrally sponsored scheme of PM SHRI Schools
Tags: National Government Schemes National News
The Union cabinet on 7 September approved the launch of a new centrally sponsored scheme of setting up PM Schools for Rising India, PM - SHRI Schools.
IMPORTANT FACTS -
- Under this scheme, more than 14,000 schools including Kendriya Vidyalayas and Navodaya Vidyalayas as well as schools run by State Governments and local bodies will be strengthened to emerge as PM-Shri Schools.
Prime Minister Narendra Modi announced this scheme for the up-gradation and modernization of existing schools managed by the central and state governments as well as local bodies on Teachers' Day on 5 September.
The total project cost for five years would be Rs 27,360 crore, of which the Centre's share would be Rs 18,128 crore.
187 lakh students will be benefited under this scheme.
9. All Approvals to Industry to be given by though NSWS by March 2023: DPIIT
Tags: National Economy/Finance
The Government of India intends to bring all the states and the Union Territories on board all states that are not a part of the National Single Window System (NSWS) by March 2023.
This was stated by the Department for Promotion of Industry and Internal Trade (DPIIT), Government of India on 6 September 2022.
IMPORTANT FACTS -
What is NSWS ?
- NSWS was launched in September 2021 by the Department for Promotion of Industry and Internal Trade (DPIIT) along with Invest India.
- It is a digital platform that serves as a guide for investors to identify and to apply for approvals as per their business requirements.
- At present 15 States/UTs are integrated with the NSWS. They are Andhra Pradesh, Goa, Gujarat, Himachal Pradesh, Jammu & Kashmir, Karnataka, Madhya Pradesh, Maharashtra, Odisha, Punjab, Tamil Nadu, Telangana, Uttar Pradesh, and Uttarakhand and Nagaland.
Objective of the National Single Window System ?
- The main objectives of the NSWS are as follows:
- 1) To establish a single-window mechanism by integrating the services provided by various Central Ministries, Departments, and State Governments
- 2) To provide a one-stop-shop for procuring pre-establishment and pre-operation approvals and permits required to establish a business in India
- 3) To provide efficient, convenient, transparent, and integrated electronic service to investors, industries, and businesses
- DPIIT
- The Department for Promotion of Industry and Internal Trade (DPIIT) was established in the year 1995 and was reconstituted in the year 2000 with the merger of the Department of Industrial Development.
- The department was earlier called Department of Industrial Policy & Promotion; and was renamed as DPIIT in January, 2019.
- It comes under the Ministry of Commerce and Industry :
ADDITIONAL INFORMATION -
Important Function of the DPIIT :
- It helps in making the Industrial policy of the Government of India
- It is the nodal body for matters related to Foreign Direct Investment (FDI).
- It undertakes promotion of investment for industrial development of the country.
- It is the nodal body for matters relating to Protection of Intellectual Property Rights (IPR) and administers law related to IPR.
vest India :
- Invest India is a National Investment and Promotion Agency to promote India as an investment destination and encourage Foreign Direct Investment (FDI) in India.
- It was set up as a company in 2009 and started its operation in 2010.
- It is a joint venture of the government and the private sector.
- The Central and State Government holds 49% of the shares in Invest India and the rest 51% is with Industrial bodies (Federation of Indian Chambers of Commerce and Industry (FICCI), National Association of Software Services Companies of India (NASSCOM), Confederation of Indian Industries (CII).
10. Signing of MoU between India and UAE on Cooperation in the field of Education approved
Tags: National National News
The Union Cabinet chaired by the Prime Minister Narendra Modi has approved the signing of a Memorandum of Understanding between the Ministry of Education, Government of India and the Ministry of Education, Government of the United Arab Emirates, on cooperation in the field of education.
IMPORTANT FACTS -
- An MoU was signed with UAE in 2015 in the field of education which expired in 2018.
In 2019, at a meeting between the education ministers of the two countries, the UAE side proposed the signing of a new MoU.
The new 2022 MoU covers the changes brought in by the National Education Policy 2020 in India's education ecosystem.
The MoU will be valid for a period of five years from the date of signing and will be automatically renewable with the consent of both countries.
ADDITIONAL INFORMATION -
Objective of MoU :
To further strengthen the ongoing educational cooperation between India and UAE and widen the scope of mutual engagement.
Promote Exchange of Information Education,
Capacity Development of Technical and vocational Education and Training (TVET) teaching staff,
Facilitation of academic collaboration between Higher Education Institutions in both the countries for offering Twinning,
Joint Degree and Dual Degree Programmes
