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22nd-24th October, 2022

‘Vayu Amrit’ project, ‘Fourth Positive Indigenisation List’, ‘SARANG – The Festival of India in Republic of Korea’., Chandrayaan-3 , an iconic cable stayed-cum-suspension bridge, Nallamala forest range, Mission LiFE, National Curriculum Framework for Foundational Stage , KASHI TAMIL SANGAMAM” , India Government Mint in Kolkata , “Trees Outside Forests in India” (TOFI) programme, Action Plan for Vulture Conservation , Financial Action Task Force , Freedom in the World report for 2022, “Climate Transparency Report 2022”., World Steel Association , first-ever women-only Digital Centre (, Greenko Group, a green data centre , India Post Payments Bank , Reserve Bank Innovation Hub , “Amrit Mahotsav FD” , Kotak Mahindra Bank, Fintech Association of Japan , Principal Scientist of the Aditya-L1 , independent expert on racism and related intolerance at the UN Human Rights Council, chairperson of the Quality Council of India (QCI) , Chairman and Managing Director of the India Trade Promotion Organization , PM of UK, World Osteoporosis Day, Global Iodine Deficiency Disorders (IDD) Prevention Day , Sakharov prize , Sir Syed Excellence International Award for 2022, Forbes India’s 100 Richest list , EdelGive Hurun India Philanthropy List 2022 , National Digital Transformation Awards ‘DX 2022 Awards’, ‘Most Popular GI’ award 2022, Raksha Mantri’s Awards for Excellence in defence and aerospace sector, US-India Strategic Partnership Forum , 61st National Open Athletics Championship , FIFA Women’s World Cup 2023, 5th Khelo India Youth Games-2022
  1. The Confederation of Indian Industry has partnered with Indian Oil Corporation to launch ‘Vayu Amrit’ project, a crop residue management initiative, in Punjab’s Sangrur.
  2. Prime Minister Narendra Modi has announced the ‘Fourth Positive Indigenisation List’ of 101 items during the opening ceremony of DefExpo 2022 in Gandhinagar, Gujarat.
  3. Indian Embassy in Seoul, South Korea organized its much sought-after annual flagship cultural program ‘SARANG – The Festival of India in Republic of Korea’.
  4. ISRO has announced to launch Chandrayaan-3 in June 2023 on GSLV Launch Vehicle Mark-3.
  5. Central government has approved construction of an iconic cable stayed-cum-suspension bridge across Krishna river connecting Telangana and Andhra Pradesh and passing through the Nallamala forest range.
  6. US International Development Finance Corporation’s (US government’s lending institutions) CEO Scott Nathan has visited India.
  7. Prime Minister Narendra Modi and UN Secretary-General Antonio Guterres have launched Mission LiFE, a global plan of action aimed at saving the planet from the disastrous consequences of climate change.
  8. Union Education and Skill Development & Entrepreneurship Shri Dharmendra Pradhan launched the National Curriculum Framework for Foundational Stage and the pilot project of Balvatika 49 Kendriya Vidyalayas across the country.
  9. “KASHI TAMIL SANGAMAM” will be held from 16th Nov to 19th Dec 2022 in Varanasi (Kashi) under the overall framework and spirit of “Ek Bharat, Shrestha Bharat”.
  10. India Government Mint in Kolkata (a Unit of SPMCIL) has launched a Souvenir Coin on the theme of T20 World Cup.
  11. Assam has launched the “Trees Outside Forests in India” (TOFI) programme, in collaboration with US Agency for International Development (USAID) to expand tree coverage outside the traditional forest areas in the north-eastern state.
  12. Tamil Nadu government has launched a State-Level Committee for Vulture Conservation (SLCVC) for coordination within the government for the implementation of the Action Plan for Vulture Conservation (APVC) 2020-2025.
  13. Prime Minister Narendra Modi has laid the foundation stone for a new air base at Deesa in Banaskantha district of north Gujarat near the India-Pakistan border.
  14. Anna May Wong, a Chinese-American movie star in Hollywood, is set to become the first Asian-American to feature in US currency.
  15. Financial Action Task Force (FATF) has removed Pakistan from its “Countries with Strategic Deficiencies” list (also known as the “grey list”) on October 21, 2022.
  16. US-based Freedom House has released its annual Freedom in the World report for 2022.
  17. Climate Transparency has released the “Climate Transparency Report 2022”.
  18. According to the World Steel Association (WSA), the global steel demand will reduce by 3% in 2022 due to increasing inflation and high interest rates.
  19. HDFC Securities, a leading stock brokerage firm, has opened its first-ever women-only Digital Centre (DC) in Bengaluru.
  20. Jindal Steel and Power Limited (JSP) has signed an MOU with Greenko Group for supplying 1,000 MW of power from green electricity sources.
  21. Dell Technologies and NTT have built a green data centre for fintech major PhonePe using liquid immersion technology – a first in India – at Navi Mumbai.
  22. India Post Payments Bank (IPPB) and Reserve Bank Innovation Hub (RBIH) have partnered to focus their efforts on enhancing the reach of financial solutions to large sections of society across India and enabling frictionless finance to a billion Indians.
  23. IDBI Bank has launched a special fixed deposit scheme called “Amrit Mahotsav FD” with a 555-day maturity period (w.e.f. October 21, 2022) with an interest rate of 6.9%.
  24. NPCI Bharat BillPay Ltd. (NBBL), the wholly-owned subsidiary of National Payments Corporation of India (NPCI), has partnered with Kotak Mahindra Bank to introduce its credit cards on the Bharat BillPay platform.
  25. GIFT IFSC has collaborated with the Fintech Association of Japan (FAJ) to promote fintech innovation and a fintech accelerator for encouraging, promoting and supporting fintech startups.
  26. Dr Sankarasubramanian K. (a senior solar scientist at the U R Rao Satellite Centre, Bengaluru) has been appointed as Principal Scientist of the Aditya-L1 (first observatory-class space-based solar mission of India).
  27. P. Ashwini (a Dalit scholar) become the first Indian and first Asian to be appointed as an independent expert on racism and related intolerance at the UN Human Rights Council.
  28. Fire-Boltt has appointed Vijay Deverakonda as its new brand ambassador.
  29. Jaxay Shah (founder chairman of Savvy Group and former chairman of CREDAI) has been appointed as the chairperson of the Quality Council of India (QCI) for three years.
  30. Former Civil Aviation Secretary Pradeep Singh Kharola has been named as the Chairman and Managing Director of the India Trade Promotion Organization (ITPO).
  31. Rishi Sunak has become the new PM of UK.
  32. World Osteoporosis Day; Theme – Step Up for Bone
  33. Global Iodine Deficiency Disorders (IDD) Prevention Day or World Iodine Deficiency Day
  34. European parliament has awarded the people of Ukraine its annual Sakharov prize for freedom of thought to honour their fight against Russia’s invasion.
  35. American historian and internationally acclaimed scholar of South Asian history and Islam, Barbara D Metcalf has received the Sir Syed Excellence International Award for 2022.
  36. Forbes India’s 100 Richest list has been released.
  37. Karnataka Bank has won the National Digital Transformation Awards ‘DX 2022 Awards’ in three categories viz. ‘KBL HR NxT – Employee Engagement’, ‘KBL Operations NxT – Operational Excellence’ and ‘KBL Customer NxT – Customer Experience’.
  38. Ministry of Commerce and Industry has conferred the ‘Most Popular GI’ award 2022.
  39. Raksha Mantri Shri Rajnath Singh presented Raksha Mantri’s Awards for Excellence in defence and aerospace sector for the year 2021-22 during the 12th DefExpo in Gandhinagar, Gujarat.
  40. HCL founder Shiv Nadar has been honoured by the US-India Strategic Partnership Forum (USISPF), a bilateral non-profit, with its Lifetime Achievement Award 2022 for his contribution to the technology industry and philanthropy.
  41. EdelGive Hurun India Philanthropy List 2022
  42. Jyothi Yarraji has become India’s fastest women’s 100m hurdler at the 61st National Open Athletics Championship in Bengaluru, organized by the Athletics Federation of India.
  43. FIFA has released a mascot named Tazuni (penguin) for the FIFA Women’s World Cup 2023, which will be held in New Zealand and Australia.
  44. 5th Khelo India Youth Games-2022 will be held in 8 cities of Madhya Pradesh, e., Bhopal, Indore, Ujjain, Gwalior, Jabalpur, Mandla, Maheshwar and Balaghat from January 31 to February 11, 2023.
  45. Break Dance has been included as a sport in Paris Olympics 2024.
  46. ‘Jeevitham, Niyamam, Nilapadukal’ is the autobiography of senior Congress leader Adv C K Sreedharan.
  47. Veteran music composer Sapan Sengupta has passed away.

Table of Content 

National News

  1. The Confederation of Indian Industry has partnered with Indian Oil Corporation to launch ‘Vayu Amrit’ project, a crop residue management initiative, in Punjab’s Sangrur.
      • Sangrur will be transformed into a model district for zero crop residue burning.
  2. Prime Minister Narendra Modi has announced the ‘Fourth Positive Indigenisation List’ of 101 items during the opening ceremony of DefExpo 2022 in Gandhinagar, Gujarat.
      • The MoD had earlier promulgated ‘First, Second and Third Positive Indigenisation Lists’, comprising 310 items on August 21, 2020, May 31, 2021 and April 07, 2022 respectively.
  3. Indian Embassy in Seoul, South Korea organized its much sought-after annual flagship cultural program ‘SARANG – The Festival of India in Republic of Korea’.
      • SARANG in Korean means ‘love’ and for Indians it refers to ‘diversity representing different colours of India’.
      • Since its inception in 2015, SARANG festival has emerged as a prominent Indian cultural festival, introducing India’s rich and diverse cultural heritage.
  4. ISRO has announced to launch Chandrayaan-3 in June 2023 on GSLV Launch Vehicle Mark-3.
  5. Central government has approved construction of an iconic cable stayed-cum-suspension bridge across Krishna river connecting Telangana and Andhra Pradesh and passing through the Nallamala forest range.
      • The bridge across the Krishna river would be second of its kind in the world and first in India.
  6. US International Development Finance Corporation’s (US government’s lending institutions) CEO Scott Nathan has visited India.
      • USDFC has provided $35 million to Creditaccess Grameen (NBFC-MFI) to help women entrepreneurs.
      • The US government’s Development Finance Corporation (DFC) also signed an agreement for a USD 10 million loan guarantee for Punjab Renewable Energy Systems, which will help fund the construction of seven biomass plants.
  7. Prime Minister Narendra Modi and UN Secretary-General Antonio Guterres have launched Mission LiFE, a global plan of action aimed at saving the planet from the disastrous consequences of climate change.
      • The launch comes ahead of next month’s mega UN climate meet in Egypt.
      • The action plan – a list of ideas on lifestyle changes that can be taken up as climate-friendly behaviour – along with the logo and tagline for Mission LiFE (Lifestyle for Environment) were jointly launched by Modi and Guterres.
      • Mission LiFE will strengthen the concept of a pro-people planet following a three-pronged strategy for changing people’s collective approach towards sustainability.
  8. Union Education and Skill Development & Entrepreneurship Shri Dharmendra Pradhan launched the National Curriculum Framework for Foundational Stage and the pilot project of Balvatika 49 Kendriya Vidyalayas across the country.
      • The new 5+3+3+4 curricular structure integrates Early Childhood Care and Education for all children of ages 3 to 8.
      • Balvatika Classes for students in the age groups of 3+, 4+ and 5+ years of age is being introduced in a set of 49 Kendriya Vidyalayas.
      • Since more than 85% of a child’s cumulative brain development occurs prior to the age of 6, providing appropriate care to stimulate their brain and support their physical and emotional development is essential for every child.
      • All these engagements are aimed at achieving the three developmental goals of maintaining good health and well-being, becoming effective communicators, and becoming involved learners.
  9. “KASHI TAMIL SANGAMAM” will be held from 16th Nov to 19th Dec 2022 in Varanasi (Kashi) under the overall framework and spirit of “Ek Bharat, Shrestha Bharat”.
      • Shri Dharmendra Pradhan also launched the website for registering for “KASHI TAMIL SANGAMAM”.
  10. India Government Mint in Kolkata (a Unit of SPMCIL) has launched a Souvenir Coin on the theme of T20 World Cup.
      • The coin is of 40 Grams, 44 Mm Diameter with 999 silver purity.
Souvenir Coin
Knowledge Nuggets –
• Coinage Act, 2011 – The Central Govt has the sole right of minting coins of up to Rs 1000.
• The coins are circulated by RBI across the country, under the RBI Act of 1934.
• There are only four coin-minting presses of the govt, which are located at Mumbai, Alipore (Kolkata), Saifabad (Hyderabad), Cherlapally (Hyderabad) and NOIDA (UP).
• Security Printing and Minting Corporation of India Limited (SPMCIL), a wholly owned Schedule ‘A’ Miniratna Category-I company, was incorporated in 2006. It manages the coin minting and currency printing presses.

State News

  1. Assam has launched the “Trees Outside Forests in India” (TOFI) programme, in collaboration with US Agency for International Development (USAID) to expand tree coverage outside the traditional forest areas in the north-eastern state.
      • It aims to promote agroforestry in the state, in partnership with private players.
  2. Tamil Nadu government has launched a State-Level Committee for Vulture Conservation (SLCVC) for coordination within the government for the implementation of the Action Plan for Vulture Conservation (APVC) 2020-2025.
      • The committee will be headed by the principal chief conservator of forests of the state.

Defence News

  1. Prime Minister Narendra Modi has laid the foundation stone for a new air base at Deesa in Banaskantha district of north Gujarat near the India-Pakistan border.
      • The air base, after its completion, will reduce the long pending strategic gap of 355 Kms between the Air Force station in Bhuj and Uttarlai.

International News

  1. Anna May Wong, a Chinese-American movie star in Hollywood, is set to become the first Asian-American to feature in US currency.
first Asian-American to feature in US currency.
  1. Financial Action Task Force (FATF) has removed Pakistan from its “Countries with Strategic Deficiencies” list (also known as the “grey list”) on October 21, 2022.
“Countries with Strategic Deficiencies” list
Knowledge Nuggets –
• The Financial Action Task Force (FATF) is an inter-governmental body for monitoring global money laundering and terrorist financing.
• FATF was set up in 1989.

Reports and Indices

  1. US-based Freedom House has released its annual Freedom in the World report for 2022.
      • The index is divided into three parts, which are the Global Freedom index, Internet Freedom index, and Democracy index.
Global Freedom Index -
• Total – 210 countries
• Top – Norway, Finland, and Sweden (score 100)
• India’s rank – 66th (partly free)
o The parameter-wise rank of India is Political Liberty (33) and Civil Liberties (33).
• Bottom – Syria, Tibet (region), and South Sudan
• Parameters – Political and Civil Liberties
Internet Freedom Index -
• Total – 70 countries
• Top – Iceland
• India’s rank – 51st
o Obstacles to Access -13th
o Limit on Content - 21st
o Violation of User Rights – 17th
• Bottom – China
• Parameters – Obstacles to Access, Limit on Content, and Violation of User Rights
Democracy scores –
• Total – 29
• Top – Estonia (consolidated democracy)
• India – Not ranked
• Bottom – Turkmenistan (authoritarian)
  1. Climate Transparency has released the “Climate Transparency Report 2022”.
      • The analysis covers adaptation, mitigation and finance, with 20 detailed country profiles of all G20 members and a summary of key findings. In 2022, the report especially highlights the link between the climate emergency and energy crisis.
      • India related facts
  • Over 1.7 million people die in India every year due to stroke, heart disease, lung cancer and chronic respiratory diseases as a result of outdoor air pollution. This is the highest death rate in the G20.

Banking and Economy

  1. According to the World Steel Association (WSA), the global steel demand will reduce by 2.3% in 2022 due to increasing inflation and high interest rates.
      • Global recovery in steel demand next year is still expected, mainly due to a rise in infrastructure spending, but the growth will be 1% instead of 2.2% as forecast earlier this year.
      • Steel demand in China, which accounts for 51% of global consumption, is forecast to drop by 4% in 2022 and be flat next year.
  1. HDFC Securities, a leading stock brokerage firm, has opened its first-ever women-only Digital Centre (DC) in Bengaluru.
      • The centre, staffed with a team of women, will serve both male and female investors.
      • The centre will cater to customers from Karnataka, Tamil Nadu, Andhra Pradesh and Telangana.
  2. Jindal Steel and Power Limited (JSP) has signed an MOU with Greenko Group for supplying 1,000 MW of power from green electricity sources.
      • Greenko will supply clean power for JSP’s steel manufacturing operations at Angul, Odisha, mainly to meet the plant’s existing and incremental power demand.
  3. Dell Technologies and NTT have built a green data centre for fintech major PhonePe using liquid immersion technology – a first in India – at Navi Mumbai.
      • This is also PhonePe’s first green data centre in India which will help the fintech reduce its carbon emissions and meet sustainability goals.
      • PhonePe has invested Rs 200 million for setting up data centres in India.
  4. India Post Payments Bank (IPPB) and Reserve Bank Innovation Hub (RBIH) have partnered to focus their efforts on enhancing the reach of financial solutions to large sections of society across India and enabling frictionless finance to a billion Indians.
  5. IDBI Bank has launched a special fixed deposit scheme called “Amrit Mahotsav FD” with a 555-day maturity period (w.e.f. October 21, 2022) with an interest rate of 6.9%.
  6. NPCI Bharat BillPay Ltd. (NBBL), the wholly-owned subsidiary of National Payments Corporation of India (NPCI), has partnered with Kotak Mahindra Bank to introduce its credit cards on the Bharat BillPay platform.
      • Through this integration, Kotak customers will now be able to make their credit card bill payments through Bharat BillPay.
      • Kotak Mahindra Bank has become the first private bank to go live in the credit card category on Bharat BillPay ecosystem.
  7. GIFT IFSC has collaborated with the Fintech Association of Japan (FAJ) to promote fintech innovation and a fintech accelerator for encouraging, promoting and supporting fintech startups.

Appointments

  1. Dr Sankarasubramanian K. (a senior solar scientist at the U R Rao Satellite Centre, Bengaluru) has been appointed as Principal Scientist of the Aditya-L1 (first observatory-class space-based solar mission of India).
      • Aditya L-1 is expected to be launched in 2023 on a PSLV-XL rocket.
  1. P. Ashwini (a Dalit scholar) become the first Indian and first Asian to be appointed as an independent expert on racism and related intolerance at the UN Human Rights Council.
      • The 47-member UN human rights body is based in Geneva.
  2. Rishi Sunak has become the new PM of UK.
      • Liz Truss resigned from the office of PM just 45 days after assuming the responsibility.
  1. Fire-Boltt has appointed Vijay Deverakonda as its new brand ambassador.
  2. Jaxay Shah (founder chairman of Savvy Group and former chairman of CREDAI) has been appointed as the chairperson of the Quality Council of India (QCI) for three years.
  3. Former Civil Aviation Secretary Pradeep Singh Kharola has been named as the Chairman and Managing Director of the India Trade Promotion Organization (ITPO).
      • The ITPO, the Commerce and Industry Ministry’s premier trade promotion enterprise, manages the nation’s world-class exhibition complex Pragati Maidan in the national capital.
      • The G-20 summit will be held next year at the Pragati Maidan, which is being redeveloped as the cutting-edge International Exhibition-cum-Convention Centre (IECC).

Important Days

  1. October 20
      • World Osteoporosis Day; Theme – Step Up for Bone
      • World Statistics Day; Theme – Data for Sustainable Development
  2. October 21
      • Global Iodine Deficiency Disorders (IDD) Prevention Day or World Iodine Deficiency Day
      • Police Commemoration Day in India

Awards

  1. European parliament has awarded the people of Ukraine its annual Sakharov prize for freedom of thought to honour their fight against Russia’s invasion.
      • The prize, named after the late Soviet dissident Andrei Sakharov, has been awarded annually since 1988 to individuals and organisations defending human rights and fundamental freedoms.
  2. American historian and internationally acclaimed scholar of South Asian history and Islam, Barbara D Metcalf has received the Sir Syed Excellence International Award for 2022.
      • The annual award is given by the Aligarh Muslim University (AMU) on its founder Sir Syed Ahmad Khan’s birth anniversary. This year, AMU is marking the 205th anniversary of Sir Syed.
      • Sir Syed Ahmad Khan (1817-1898) was one of the foremost social and political reformers of modern India.
  3. Forbes India’s 100 Richest list has been released.
      • 1st rank – Gautam Adani; US$150 billion
      • 2nd rank – Mukesh Ambani; $88 billion
  4. EdelGive Hurun India Philanthropy List 2022
      • 1st rank – Shiv Nadar (donation of Rs 1161 crore)
      • 2nd rank – Azim Premji (donation of Rs 484 crore)
  5. Karnataka Bank has won the National Digital Transformation Awards ‘DX 2022 Awards’ in three categories viz. ‘KBL HR NxT – Employee Engagement’, ‘KBL Operations NxT – Operational Excellence’ and ‘KBL Customer NxT – Customer Experience’.
      • The award is conferred by Confederation of Indian Industry (CII) for Best Practice in Digital Transformation under BFSI segment in recognition of the “Innovative Excellence”.
  6. Ministry of Commerce and Industry has conferred the ‘Most Popular GI’ award 2022.
      • Winners –
CategoryProduct State
FoodHaleem (a popular dish mostly consumed during Ramzan) Hyderabad
Agriculture Kandhamal Haldi (famous for its healing properties) Odisha
HandicraftThanjavur Art Plate Tamil Nadu
Manufactured goodsMysore Sandal Soap Karnataka
NaturalChuna Balua Patthar Uttar Pradesh
  1. Raksha Mantri Shri Rajnath Singh presented Raksha Mantri’s Awards for Excellence in defence and aerospace sector for the year 2021-22 during the 12th DefExpo in Gandhinagar, Gujarat.
      • A total of 22 awards were given under various categories viz. Indigenisation/Import substitution, Innovation/ Technological Breakthrough and Exports.
      • Of these 22 awards, 13 were bagged by private industries and the remaining by the DPSUs/PSUs.
      • These awards were equitably given to enterprises of various sizes, i.e., large, medium, small and start-up enterprises in order to provide a level playing field.
      • The aerospace and defence sector, at present, is an industry of about Rs 80,000 crores, in which the contribution of the private sector has increased to about Rs 17,000 crores.
  2. HCL founder Shiv Nadar has been honoured by the US-India Strategic Partnership Forum (USISPF), a bilateral non-profit, with its Lifetime Achievement Award 2022 for his contribution to the technology industry and philanthropy.
Knowledge Nuggets –
• US-India Strategic Partnership Forum (USISPF) is an independent not-for-profit institution dedicated to strengthening the US-India partnership in Washington D.C. and New Delhi.
• Aim – It aims to strengthen the economic and commercial ties between the two countries through policy advocacy.
• Established – 2017
• Current President and CEO – Mukesh Aghi

Sports

  1. Jyothi Yarraji has become India’s fastest women’s 100m hurdler at the 61st National Open Athletics Championship in Bengaluru, organized by the Athletics Federation of India.
  2. FIFA has released a mascot named Tazuni (penguin) for the FIFA Women’s World Cup 2023, which will be held in New Zealand and Australia.
      • The name Tazuni is a fusion of the Tasman sea, the home of penguins and Unity, which is the key value of the event.
Tazuni
  1. 5th Khelo India Youth Games-2022 will be held in 8 cities of Madhya Pradesh, e., Bhopal, Indore, Ujjain, Gwalior, Jabalpur, Mandla, Maheshwar and Balaghat from January 31 to February 11, 2023.
      • The traditional sport of Madhya Pradesh – Mallakhamb – has been included in the games.
  2. Break Dance has been included as a sport in Paris Olympics 2024.

Miscellanous

  1. ‘Jeevitham, Niyamam, Nilapadukal’ is the autobiography of senior Congress leader Adv C K Sreedharan.
  2. Veteran music composer Sapan Sengupta has passed away.
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About Anuj Jindal

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Anuj Jindal, the founder, is an ex-manager from SBI, with an M.Com from Delhi School of Economics. He also has a JRF in Commerce & Management and NET in HRM, along with more than 5 years of experience in the field of Education.

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