19th October, 2022

1. According to the Indian Sugar Mills Association (ISMA), India’s sugar production is projected to be 5 million tonnes in the 2022-23 marketing season (October-September).
2. Garuda Aerospace and Lockheed Martin Canada CDL Systems have signed an MOU to integrate Garuda Aerospace’s Made-In-India drones with Lockheed Martin Canada CDL Systems’ advanced Uncrewed Aerial Systems (UAS) software solutions for defence and commercial purposes.
3. Global Multidimensional Poverty Index 2022 has been released by the UN Development Program and Oxford Poverty & Human Development Initiative.
4. National Statistical Office (NSO) has released a report on value of output from agriculture, forestry and fishing sectors.
5. State Bank of India (SBI) has set up its first premium dedicated branch for start-ups at Koramangala in Bengaluru to facilitate and support start-up companies in the city.
6. JP Morgan (based in New York) has appointed Kaustubh Kulkarni as the head of the India unit of JP Morgan.
7. World Trauma Day
8. October 12-20 – Bone and Joint Action Week
9. Qatar will host the 2023 AFC (Asian Football Confederation) Asia Cup. It will be the 3^rd time for Qatar to host this tournament, which also makes it the first country in the world to do so.
10. Indian Grandmaster Gukesh has become the youngest player to defeat Magnus Carlsen in the ninth round of the preliminary phase of Aimchess Rapid online chess tournament.

Agriculture and Rural Development

1. According to the Indian Sugar Mills Association (ISMA), India’s sugar production is projected to be 5 million tonnes in the 2022-23 marketing season (October-September).
   • The increase would be equivalent to 2% compared to the year-ago period.
   • Sugar output in Uttar Pradesh is estimated to be 3 million tonnes, Maharashtra at 15 million tonnes and Karnataka at 7 million tonnes during the 2022-23 season.
   • Since the target of 12% blending is expected to be achieved, sugar diversion towards the production of ethanol is estimated to be higher by 32% at 45 lakh tonnes in the current season as against 34 lakh tonnes during the 2021-22 season.
   • A total of about 545 crore litres of ethanol would be required and supplied during the current season.

Memorandum of Understanding

1. Garuda Aerospace and Lockheed Martin Canada CDL Systems have signed an MOU to integrate Garuda Aerospace’s Made-In-India drones with Lockheed Martin Canada CDL Systems’ advanced Uncrewed Aerial Systems (UAS) software solutions for defence and commercial purposes.

Reports and Indices

1. Global Multidimensional Poverty Index 2022 has been released by the UN Development Program and Oxford Poverty & Human Development Initiative.
   • Title – Unpacking deprivation bundles to reduce multidimensional poverty
   • Any household earning below $1.90 per day is considered poor.

   Global Scenario –

   • Across 111 countries, 2 billion people—19.1% of the total global population—live in acute multidimensional poverty. Half of these people (593 million) are children under age 18.
   • Poorest regions – Sub-Saharan Africa (nearly 579 million), followed by South Asia (385 million)

   India’s Case –

• India’s comparison with other South-Asian countries –

About the Report –

• The Covid-19 pandemic has pushed the reduction in poverty level back to 10 years. The data after Covid-19 pandemic has not been taken into consideration.

2. National Statistical Office (NSO) has released a report on value of output from agriculture, forestry and fishing sectors.
   • Andhra Pradesh has registered more than 90% growth in nine years to 2019-20, the highest among all the states, with ₹2 lakh crore approx. combined gross value output (GVO) in the agriculture, forestry and fishing sectors.
   • Andhra Pradesh recorded 92.4% growth in GVO of the agriculture, forestry and fishing sectors but its growth in crops (agri and commercial both) was 48%.
   • Madhya Pradesh was the top State in recording the highest 56.7% growth in only crops (agri and commercial both) in 2019-20.
   • Kerala is the only state to have recorded negative growth of over 10%.
   • The GVO was higher than the growth at the national level in as many as 10 States, including Tripura and Mizoram and two union territories — Lakshadweep and Daman and Diu.
   • The all-India GVO in agri- and allied sectors was 30.6% up at Rs 24 lakh crore approx. in 2019-20 against ₹19 lakh crore in 2011-12.

Banking and Economy

1. State Bank of India (SBI) has set up its first premium dedicated branch for start-ups at Koramangala in Bengaluru to facilitate and support start-up companies in the city.
   • The branch has also entered into MOUs with the government of Karnataka initiatives like the Karnataka Innovation and Technology Society (KITS) and Karnataka Digital Economy Mission (KDEM) to support the entire start-up ecosystem in the state of Karnataka.

Appointments

1. JP Morgan (based in New York) has appointed Kaustubh Kulkarni as the head of the India unit of JP Morgan.

Important Days

1. October 17 –
   • World Trauma Day
   • International Day for the Eradication of Poverty; Theme – Dignity for All in Practice
     • UN Decades for Eradication of Poverty –
       • First United Nations Decade for the eradication of poverty (1997-2006)
       • Second United Nations Decade for the Eradication of Poverty (2008-2017)
       • Third United Nations Decade for the Eradication of Poverty (2018-2027)
     • SDG 1 – No Poverty; Targets under SDG 1

2. October 12-20 – Bone and Joint Action Week

Sports

1. Qatar will host the 2023 AFC (Asian Football Confederation) Asia Cup. It will be the 3rd time for Qatar to host this tournament, which also makes it the first country in the world to do so.
   • Qatar has hosted the tournament in 1988 and 2011.
   • AFC is held once in 4 years. For 2027, India and Saudi Arabia have presented bids.
2. Indian Grandmaster Gukesh has become the youngest player to defeat Magnus Carlsen in the ninth round of the preliminary phase of Aimchess Rapid online chess tournament.

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